did you place all your funds into bitcoin?

[babysweetTiger0401]

At the beginning bitcoin trading, I put about 50% of savings funds. After 3 months, i took my deposit. Then only trade from profit until now.

You're so impressive Sir. imagine 50% of the funds you put it into bitcoin, that's how much you believe in bitcoin. In fact, were doing the same page. But we still can not hide from that there still risk on the things what we did.

[jasonjm]

I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?

Putting your whole money in just one coin is a mistake and there is higher risk of losing the money if you are not lucky enough but instead investing in different coins can increase your chance of profit and decreases the chances of risk associated with the investment. So it is better to invest some part of your money into bitcoin.

[pitiflin]

No way will I do, for heaven sake put some logic in your brain. Even experienced traders don't do that because they know what the consequences are when you depend on one thing only. And if the price drops and you are in a emergency what will happen then? Just because bitcoin is worth 4k $ and is decentralized and unique and stuff like that, you don't put your entire money in it . Also one should only put his money in something if and only if, he doesn't require that money on a short term basis.

[Rhum142]

Don't you every do that! That's against the basic rule in investing or trading. That's never put all eggs in one basket. If that basket is broken, all of your eggs are going to broke. Your life will be dead cause of that. So choose the big plan to invest big and small plan to invest small. But never thinking about put everything in one thing. Play the safest way is the best. Cause if something happen it gonna break you down.

[rijwanjaelani]

Its okay to invest but dont put all of your money keep some money so you can spend it to other stuffs. its just only in my opinion  Grin

[Rimon365]

No, I have not kept all my funds in bitcoin. Because I'm still new. In the future, I will keep all my funds in Ether Insha Allah.

[btcjocan]

Why would you do that? Then, there would be nothing to be spent by you.
Just invest those you think you can afford and have something left for yourself and for emergency purposes. That is not how investing should be. It is suicide. Actually this is a dumb question but I think you need some light.

First I meant most ..
second.. it is profitable.. and I am just asking.. I thought that people grow their bitcoin real.. fast isn't they?

Actually, you don't have to put all your funds into bitcoin as of this days because we are not yet using bitcoin as a means of payment. So, if you put it all into bitcoin, you have no money to use for your daily expenses since almost all the stores and malls here are currently using fiat money and not bitcoin.

[Nerman]

If you mean your investment money then it is okay but it is risky. Diversify, there are other coins that are also stable like ethereum, litecoin etc.  Also there are coins that are new but has  great potential in the future. Reasearch first before putting your money in this coins.

But if you mean ALL your money then it is a bad idea you still have expenses and companies still do not accept bitcoin as a payment.

[ApocalypseNow]

No, I put all of them in different altcoins. Just waiting on bitcoins to rise makes me impatient so diversifying it into many tokens will give me more profit. There's a lot of altcoins pumping dramatically everyday so I don't want to miss those chances to gain more.

[hilarypolar]

If you ask me, if i would invest on bitcoin, i would not doubt and tell you yes. But in my opinion the market is too volatile right now, so putting everything, including your savings is not so wise. My advice is, invest the money that you don't really need and you are not scared to lose, thats my only advice. I hope it helps you, good luck with your investments!

[Apened]

If you ask me, if i would invest on bitcoin, i would not doubt and tell you yes. But in my opinion the market is too volatile right now, so putting everything, including your savings is not so wise. My advice is, invest the money that you don't really need and you are not scared to lose, thats my only advice. I hope it helps you, good luck with your investments!

That's a good one and if you invest all your funds there is a so much big risk on it. A good reason and ofcourse money to left in your savings account than storing all of your money in a single bitcoin or altcoin wallet.

[radjie]

Not all that is just a few percent of my income to be a bitcoin and partly I try to set aside funds for other types of altcoin. I think if put all my money into the form of bitcoin or other types of altcoin certainly can be very risky, be it we can lose all money that we have or even the opposite, our money can be increased.
as I know so far, if putting all our money into a digital currency certainly has a very high risk.

[mast3rm1nd]

NEVER put all of your eggs in one basket.

[Altas]

No, I put all of them in different altcoins. Just waiting on bitcoins to rise makes me impatient so diversifying it into many tokens will give me more profit. There's a lot of altcoins pumping dramatically everyday so I don't want to miss those chances to gain more.

Diversifying the investment is a better way to be on the safer side. Can have a little increased percentage allocated for bitcoin and less for other altcoins. Such a diversified plan will lets us to be on the safer side even when the price drops low or pumps higher.

[anklas]

I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?

What i can say you should not put all your money in bitcoin it is still important that you have cash on hand so that if you need something to buy for your family you can withdraw it anytime. Bitcoin is a good investment but you should invest as well to other type of investment because we do not know until when the bitcoin will going to have a good value.

[Eternu]

I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?

There is always a risk with things like Bitcoin, but so far people has always ended up with earning money... if they played it right. But to be honest i am not sure if you should put all your money into Bitcoin. Trading Bitcoin or just holding it, it is a good way of earning money easily. So you need to ask your self this first: Do you need that money for something important at the moment? If you need it for something else, than do not invest it all in Bitcoin. Systematically deal with problems so that you do not make new ones. Think carefully and research market before anything, that way you will minimize the risk.

[batang_bitcoin]

A good businessman does not put all his funds into an investment and that apply to all investments, not only bitcoin. I wouldn't advise you to put all your eggs in one basket so as not to suffer loss in the future. My advice for you is to invest a certain percentage of your income and put the rest to savings.

It's just a matter of belief, don't literally say that a "good" businessman will not put all of his funds into a single investment. What if he is really believing into that investment and he's sure that one day there will be a big progress and movement for his investment? Just like those people that are CEO's now, they dedicated most of their time and money into a single project and now they are billionaires. And I regret that I didn't put all of my funds in bitcoin before.

[randythered]

Investing everything you have in to anything is not wise, don't put all your eggs in one basket. Personally I have only about 5% currently invested in crypto but it'll probably grow to about 30% in the future.

[kendra1107]

I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?

If course not...Why would I invest all of my funds in one coin? That's the exact opposite of being smart. Never place all of your eggs or tomatoes in one basket! Classic, but definitely true!

[Aleator]

"Do not put your egg in one bucket" that was my friend said when i have enough money then i don't know what should i do with that except spend it all. then i choose gold it's profitable but need a long time to get it, and i know bitcoin, should i invest all ? then my friend say don't do will all your money, slow but sure, but in fast way we don't know what will happen tomorrow. That all means choose over than one way how to invest. High Risk High Profit