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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
rocketbits
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October 16, 2017, 09:19:37 AM
 #1601

Never put all your funds into assets or bitcoin. It's possible that you can lose all.
It is surely a great and lovely idea cause the turn out can be awesome but considering what is involved, it is not ideal. The reason why investors always love diversifying is just to be able to spread the risk across their investments. There are so many things that you can do outside crypto that can bring you money, but going all in, is like the biggest risk of all.
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October 16, 2017, 10:22:49 AM
 #1602

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.. ?

I don’t really think that investing all you’ve got on bitcoin would be a good idea. For the reason that you’ll be needing money for your daily needs. It is also given that investing on bitcoin has high risks, with of course, high returns. There is no saying what the future of digital currency holds for us. I guess it’s better to be safe than sorry, I think 50 percent of your money would be reasonable enough.

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October 16, 2017, 11:05:38 AM
 #1603

Putting all our money into bitcoin is certainly very risky, as we know the value of bitcoin is very easy to change quickly because it all depends on the amount of market demand, we can lose the money that we put into bitcoin because this type of investment, it can be said that investment in bitcoin has a very high risk.
are we going to lose our bitcoin purses because it's caused by hacker attacks or crimes through the internet. But on the other hand bitcoin can be very profitable to be an investment asset if we just put some of our money into bitcoin. Do not be greedy because of the tempting bitcoin prices that continue to rise in price, make bitcoin as an investment asset for the future by simply setting aside some of the money we have to enter into the form of bitcoin.
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October 16, 2017, 12:44:26 PM
 #1604

Suppose that you invest all your fund on bitcoin, you will running out of fund, I won't say you won't get any profit but every trading has its own fluctuative condition. To believe and invest will always be your very own decision.

Thanks,
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October 16, 2017, 05:08:41 PM
 #1605

In my opinion, If you spend all your money into Bitcoin, That is not an investment, that is a gamble. As far as I’m concerned, investment its mean you use knowledge to buy when the price is low and sell it when the price is high. Don't put all funds into bitcoin, you are not a God of Gamblers. lol  Cheesy

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KaliLinux
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October 16, 2017, 08:02:11 PM
 #1606

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.. ?
It's better to invest money in different altcoins and bitcoin as well. Try to invest in different sources to avoid loses if any. Your expectation is good in bitcoin but it may low in rare cases.
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October 16, 2017, 11:02:07 PM
 #1607

Suppose that you invest all your fund on bitcoin, you will running out of fund, I won't say you won't get any profit but every trading has its own fluctuative condition. To believe and invest will always be your very own decision.

Thanks,
It is not a good idea to put all your money in one basket. This can result in loss as well. It is not a great idea to follow this kind of strategy. There is no doubt that investing in bitcoin is very much profitable but still it is too much risky to invest all your money into bitcoin. You can invest a major portion of your income in bitcoin but even then save few for the worst times.
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October 16, 2017, 11:34:47 PM
 #1608

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.. ?

No, I didn't put all my money so far into bitcoin. I am just new here in your world. Maybe later, but in the meantime a few of bitcoin is I'm trying to save it in my bitcoin wallet address in exchange sites. In terms of saving bitcoin I don't see any risk on it, but to make it grow in the trading platform there is a risk involved in doing trade.
I think putting all of your funds in bitcoin is not a good idea because somehow beyond the success of it, bitcoin is somehow unpredictable and we don't wanna risk a large amount of money and regret it in the end so it is much better to play safe and to just keep your money in other storage, other than bitcoin.

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mr_enoc
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October 17, 2017, 12:19:37 AM
 #1609

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.. ?

I donnot know if putting all your funds in BTC is the right thing to do for it may be at a very high risk, just saying my opinion since i am not that good and professional in trading.

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October 17, 2017, 12:38:27 AM
 #1610

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.. ?

we all know bitcoin is legit but if i were to decide maybe ill just put 25% of my funds to bitcoin because im not that brave enough when it comes to investing and i cant aford to loose much. so iguess it depends on what are your goals or what is your target profit. if you want to earn much then put all your eggs in one basket but if your nervous to take the risk then start only with small amounts.
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October 17, 2017, 04:53:31 AM
 #1611

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.. ?

Why do you need to put all of you money to bitcoin, try putting your extra funds on it.

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Manchumichael
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October 17, 2017, 05:26:34 AM
 #1612

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.. ?

Why do you need to put all of you money to bitcoin, try putting your extra funds on it.

Yes putting all money in bitcoins is a big risk. so invest only extra money in bitcoin and make a profit. becasue we don't know what will happen in future or bitcoins.
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October 17, 2017, 09:06:21 PM
 #1613

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.. ?

I don’t really think that investing all you’ve got on bitcoin would be a good idea. For the reason that you’ll be needing money for your daily needs. It is also given that investing on bitcoin has high risks, with of course, high returns. There is no saying what the future of digital currency holds for us. I guess it’s better to be safe than sorry, I think 50 percent of your money would be reasonable enough.
I am desperately agree with this 50% thing. Reason is, how much bitcoin have made so far, how much bitcoin have been famous, still there are some risk factors coming along. In business you have to digest that risk factor but on the same level, you have to go for the option having minimum risk. So yes half of the money in investing is better.
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October 18, 2017, 04:14:18 AM
 #1614

If you have extra money it is good to invest in bitcoin because it is most popular and most profitable currency. Through this it is very fruitful for you if you want to invest now because prices are going high. For this you will take a risk but a business saying ‘’ high risk high return’’ so it’s the time to take a smart decision for investment.

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October 18, 2017, 04:22:33 AM
 #1615

If you have extra money it is good to invest in bitcoin because it is most popular and most profitable currency. Through this it is very fruitful for you if you want to invest now because prices are going high. For this you will take a risk but a business saying ‘’ high risk high return’’ so it’s the time to take a smart decision for investment.
I agree with you. We should to think carefully before put money on it. I think you should invest 20%-30% your fund only
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October 18, 2017, 04:33:10 AM
 #1616


No I do not place all my funds into bitcoin.  We should not give all in just one investment.  We should learn to diversify, this way we are mitigating the risk of getting burned out once our sole investment does not work well.  Aside from that having more investment simply means more stream of possible income.
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October 18, 2017, 05:35:34 AM
 #1617

no, i want to bitcoin become low to place all my funds in bitcoin then if bitcoin value become big i think that is the right time to convert from money then wait until bitcoin value become low again.
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October 18, 2017, 06:05:56 AM
 #1618

I think this is not good idea because bitcoin's price is unpredictable and unstable, so if you lose in bitcoin it's mean you will lose your funds. I ts high risk for you. Bitcoin is good investment but to put all your funds into bitcoin you need to be careful. It's just my opinion.
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October 18, 2017, 04:12:21 PM
 #1619

You should always maintain balance in your investments.  If you bet everything on bitcoin, how are you going to feel if it drops 75%?  Such drops (and worse) have already happened a few times in bitcoin's history.  Look at the last major peak around $1100.  Over the following year, it dropped to around $150.  That drop was around 85%.  Yes, it has recovered quite well since then, but if you buy it now and it drops to $1000, how are you going to feel?  If you're fully invested in it, you're almost certainly going to panic and sell.  That's how people lose a lot of money in trading.
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October 18, 2017, 05:29:14 PM
 #1620

I know no one that put everything into one basket, but we would feel pretty confident doing so, if we could wait at least a week or two to withdraw, that covers almost any period of downward value movement for BTC, maybe a month at the outside.
Still, every thing implies that you have the mortgage, the kids college funds and your last ten bucks in there, and that is a little rough, even for BTC.









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