otundebis
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October 29, 2017, 07:19:29 AM |
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Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
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clarkt
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October 29, 2017, 08:15:10 AM |
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Bitcoin is established now. Mainstream are also courting it. With many service provider and big ecosystem of bitcoin, i can afford to to safe, spend and trade in bitcoin
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MoonJeina
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October 29, 2017, 08:55:25 AM |
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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 think this is a very bad idea . The bitcoin is a very good deal to invest on but investing all of your money on it can also turn out to be a drastic decision . There must always be some funds available with you to stay on the safer side . You can invest some of the money first looking into the current market value and condition and if the outcome is positive and you get profit out of it , then you can also invest the rest of money . Bitcoin takes a bit of risk aswel so one should always play smart .
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heldworld
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October 29, 2017, 08:57:36 AM |
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That would have been a bad thing to do. A professional investor spits his funds into a portfolio of investments. You don't put all your eggs in a basket.
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Ayush rana
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October 29, 2017, 10:51:03 AM |
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Well i am new in Bitcoin so i wll take some time and learn more about bitcoin and when i get a good knowledge then i will try to invest all my savings on bitcoin.
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Konco126
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October 29, 2017, 11:09:37 AM |
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Investing in bitcoin is good for the future. But in my opinion, if you want to put all the funds into bitcoin please think smart and should know what will happen later. All decisions there must be risks, indeed all can generate profits that much if we sell bitcoin at a high price. But, we have to think about when the bitcoin price is low and you really need big money, while your funds have all been placed in bitcoin, finally you are forced to take it because you really need. If I think, if you want to put the funds into half bitcoin only and not everything.
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jomz
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October 29, 2017, 11:14:39 AM |
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No. It would be silly if you were to do that because it's hard to purchase goods you need on a daily basis using bitcoin only. It's a lot smarter to steadily invest a percentage of your income in bitcoin every month/week and to save or invest in other coins
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principledquince
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October 29, 2017, 12:07:11 PM |
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Definitely NO, because I dont want to put all my assets in a risk. Its a fruit of my hard labor thats why I cant afford it to loose.
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Carreuh
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October 29, 2017, 01:11:33 PM |
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Yes, putting all money in bitcoin is obviously the advantage we gain rather than storing it as frozen ice in bank. Holding bitcoin also more advantageous than having gold whose growth is extremely slow.
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flower1024
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October 29, 2017, 02:56:21 PM |
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Yes, putting all money in bitcoin is obviously the advantage we gain rather than storing it as frozen ice in bank. Holding bitcoin also more advantageous than having gold whose growth is extremely slow.
Saving money in the bank is not worth to compare saving bitcoins. But investing all your money in bitcoins is not good. To lead our life we need money the bitcoins is still not acceptable in all over the world, and we can't use it to buy our daily needs. We need money to buy anything so whatever amount you saved for future use that amount you can invest in bitcoins but don't go for full money.
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maarx
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October 29, 2017, 03:22:18 PM |
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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.. ?
Now, very well you can proceed investing in bitcoins. Buy bitcoins if you have not done that now. If you have enough money, there are so many ways to multiple your profits. If you enough power supply and idea on mining, try doing this. This returns more profit. Invest in new altcoins which has good growth in market.
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logicgate
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October 29, 2017, 04:31:49 PM |
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No I didn't put all my funds into bitcoin. I put 50% into bitcoin investment and half into other business. I know bitcoin is profitable but to put all my funds into bitcoin I think this is high risk to me. Bitcoin price unpredictable to the future and nothing can be guaranteed about the price of bitcoins, so I just put my half of funds into bitcoin.
That is better choice. When you know there is risk in these two options, business rules and strategies compels us to go for that one which is less risky. Bitcoin is amazing coin from all aspects. Still it is a coin and you can’t just blindly trust this. You must invest more portion of your salary or money into bitcoin but don’t put all tighter. Go for some altcoins and other business too.
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humanCNC
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October 29, 2017, 04:44:09 PM |
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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 is true that you put all of your money into btc will help you raise money quickly but it is only if you are lucky, otherwise you will lose all the money. For me, I'm never confident enough to put all my money into btc, I think that's a bad decision.Unfortunately, If the market fails and the btc prices fall sharply. However, that is only my personal opinion.
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Gotottack
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October 29, 2017, 04:53:48 PM |
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I agree with your statements. Neither do I suggest you put everything you have in one investment channel. This goes to all would-be investors as this involves literally ALL you have. Putting your ALL to a single thing is not the wisest thing to do no matter how big (or certain, but there is no certainty here) the value of Bitcoin is at the moment. However, as has been said earlier, you have high chances to get it all back together and even more! But the latter happens to a very few lucky people, and lucky you if you belong to those bunch.
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fiomcorka
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October 30, 2017, 06:59:43 AM |
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Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
Everyone has his point of view but there is a famous quotation that “Do not put all your fruits into one basket”. Investing in bitcoin is definitely a very good option but investing everything is not a smart decision. You need to have something in your pocket so that you can use it at the time of need and emergency. You can investup to 70% of all the savings you have into bitcoin. That is more than enough.
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OrangeSeller
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October 31, 2017, 06:25:10 AM |
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Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
You must have made large profits and money by now if you are involved in bitcoin for last two years. Obviously why would you regret for investing all that you have into bitcoin when bitcoin is continuously increasing in prices? It seems that you have very good control over emotions and don not do panic selling like most of the bitcoin holders when prices are falling down.
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chip1994
Sr. Member
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HEX: Longer pays better
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October 31, 2017, 06:08:34 PM |
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Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
Everyone has his point of view but there is a famous quotation that “Do not put all your fruits into one basket”. Investing in bitcoin is definitely a very good option but investing everything is not a smart decision. You need to have something in your pocket so that you can use it at the time of need and emergency. You can investup to 70% of all the savings you have into bitcoin. That is more than enough. In my opinion, 50% is the maximum for Bitcoin, 30% for saving money and 20% for backup money will be better than invest without backup money for emergency situation. Do you want to sell Bitcoin with any price, even low price when you need to have money?
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melancoly
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October 31, 2017, 06:10:04 PM |
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I always believe in diversifying my portfolio by investing my money in different products to minimize the risk of loosing money and bitcoin is a big risk to put all your money in it as the future of bitcoin is unpredictable and anything is possible in future and if bitcoin disappears then I will be loosing all my money at once
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howtobuy
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October 31, 2017, 06:13:42 PM |
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Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
Everyone has his point of view but there is a famous quotation that “Do not put all your fruits into one basket”. Investing in bitcoin is definitely a very good option but investing everything is not a smart decision. You need to have something in your pocket so that you can use it at the time of need and emergency. You can investup to 70% of all the savings you have into bitcoin. That is more than enough. In my opinion, 50% is the maximum for Bitcoin, 30% for saving money and 20% for backup money will be better than invest without backup money for emergency situation. Do you want to sell Bitcoin with any price, even low price when you need to have money? Guys, be a bit conservative. Bitcoin is super speculative investment. As much as I very much believe in it - be ready to lose everything. I don't there is no person ready to lose 50% or 70% of the savings. I would say - 10%, not more
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ajochems
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October 31, 2017, 06:23:25 PM |
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Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
You must have made large profits and money by now if you are involved in bitcoin for last two years. Obviously why would you regret for investing all that you have into bitcoin when bitcoin is continuously increasing in prices? It seems that you have very good control over emotions and don not do panic selling like most of the bitcoin holders when prices are falling down. The price of bitcoin will keep on increasing now a days for more than a 6 months time intervals. Before 6 months, the price of bitcoin is only 2550$.Now the value is 6350$.By comparing this price you can decide whether to inverse Bitcoin or not. I will suggest to inverse of bitcoin.
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