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posesion19
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December 14, 2017, 03:32:33 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.. ?
Every investment is a risk and there is always the danger of losing money. It is better to put only a few percent and place your other funds in other place |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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yvesp110
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December 14, 2017, 08:02:11 PM |
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Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
right, it is not at all a very good approach to turn out all your paper money into bitcoins. Though bitcoin is really good way of investing money but even then, you really need to have something in your account as your backup. There are still number of places where you do need to have paper money for buying different sort of things as well as for spending of money. You need to divide your money into two parts, invest one part into bitcoin while the second one. |
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Fancyax
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Activity: 196
Merit: 100
Personal Text: Pre-sale - March 18
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December 14, 2017, 09:40:32 PM |
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I wish i did it but it's not the case. I still holding many altcoins, some of them are growing and some are decreasing.
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charlescoin
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December 14, 2017, 09:43:36 PM |
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I wish i did it but it's not the case. I still holding many altcoins, some of them are growing and some are decreasing.
I spread my coins out among several altcoins, in hindsight I woulda been better keeping bitcoin for a few months instead of alts but I think long term altcoins will do better. |
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hritevanz
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Activity: 182
Merit: 10
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December 15, 2017, 01:03:38 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 understand the reason why do you have to put all your money in bitcoin because you already know its capability to increase in the future but the question is, are you really sure you want to put all your money here? Have you read enough article about bitcoins like pump and dump, crashing time and etc.? Have you ever watched or observed in the market how does the value of coins move or work? Does you have enough knowledge about it? Because if not, then don't put all your money in bitcoin. |
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wayancrypto
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Activity: 462
Merit: 11
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December 15, 2017, 01:06:10 AM |
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In my ipinion that too risky, I placed maksimum 90% of my money in to Bitcoin, Ethereum and others altcoin. And other 10% for fiat for daily needed. I place 90% my money in to crypto(BTC,ETH) because my prediction these coin can be bigger in the future.
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wall101
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Activity: 560
Merit: 10
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December 15, 2017, 03:53:10 AM |
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yes, for my piggy bank it's a bitcoin to accumulate money because it lasts, though I do not spend my money on bitcoin its price rises and I'm paying a lot here so I'm so thankful that bitcoin was invented because I'm paying for it without my job, the price of bitcoin has increased so my income is higher but it's also very difficult when the price drops.
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geyayy
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December 15, 2017, 04:07:43 AM |
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Bitcoin is best to place all your funds because its price is amazingly growing after each passing weeks. Although there is a predicted dump soon, it will soon recover and comparing its price from the previous months/years, it has significantly grew.
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Mr.John19
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December 15, 2017, 05:56:26 AM |
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We know that bitcoin is good investment put all your money in one basket (bitcoin) too risky. It is suicide dangerous. In invest you always care about it, you still need a backup, just invest little by little.
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qiwoman2
Legendary
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Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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December 15, 2017, 06:29:37 AM |
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At the moment I am trading mainly altcoins and holding them as I want to reach certain multipliers with them. When I reach a certain multiplier, then I will try to take out some of the profits and just keep it in Bitcoin. As I am a very small fish compared to many whales out there, I need to grow my stash first. Unless you get into six figures, your life doesn't change. In Europe also, for your life to change you would need middle five figures, or at least beginning in a seven figure stash. Bitcoin value has soared over the last year but in altcoins you can make some good multipliers, then take some profits and put into Bitcoin. I hope I can do it this year, last year was a big fail for me.   |
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vanedwap
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December 15, 2017, 06:55:37 AM |
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Putting all your funds in bitcoin is a good choice but i suggest that dont put all your money in one basket  its better to put some of your funds in eth for long term |
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Superways
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December 15, 2017, 10:32:52 PM |
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I will not get surprise when someone here will get all in for bitcoin as it's really tempting. The fact that the bigger we invest in the higher the profit yet higher in risk but many people trust and believe what bitcoin can do and it's just a matter of leap of fate.
It is highly crucial to take risks in life in order to be successful and stand out of crowd. Without the courage of risk, you are unable to move forward in life successfully and business is full of risk taking situations and chances. Those who avail these risky chances of making large money are now billionaires. There is no need to regret if you have invested all your funds into bitcoin because it while aisle double them. |
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Valdoora
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Activity: 42
Merit: 0
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December 16, 2017, 09:36:13 AM |
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The person who bet all his money on bitcoin right now is in better condition. And i think it's worth the reward for his effort and courage. I remain grateful although it is still new in world of crypto, but can come to enjoy a good profit in investing.
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hispout
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December 18, 2017, 07:27:54 AM |
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Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
That’s true, someone can’t just go all in on Bitcoin, unless they’re crazy. You can just put all the money you have into bitcoin, it’s a big risk. Bitcoin might be going up now, and it looks like it will continue to go up forever, but it wouldn’t, cause one day it will fall, and if you’re unlucky it might be the time you invested your money. So if it happens to be all your money, then you’re finished. |
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Anphonsus
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December 18, 2017, 07:36:38 AM |
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I put one third of my saving account into crypto coins. When my investment is doubled I plan to cash out half of it, invest half of the profits into alt coins and put the remaining half to saving account.
In the worst case, my family won't be starving if Btc crash and we both are out of job at the same time. Though I still have to hear my wife complaining about 'virtual coin' until the end of time.
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fasdorcas
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December 18, 2017, 10:34:06 AM |
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I will not get surprise when someone here will get all in for bitcoin as it's really tempting. The fact that the bigger we invest in the higher the profit yet higher in risk but many people trust and believe what bitcoin can do and it's just a matter of leap of fate.
It is highly crucial to take risks in life in order to be successful and stand out of crowd. Without the courage of risk, you are unable to move forward in life successfully and business is full of risk taking situations and chances. Those who avail these risky chances of making large money are now billionaires. There is no need to regret if you have invested all your funds into bitcoin because it while aisle double them. I think one should be realistic enough that he should cover all aspects of life equally as it is much true that bitcoin is the best available coin for the the investment but one has to consider his capital which intends to invest in the market. If you can afford to invest max of your capital to be invested in bitcoin it will not disappoint you as it is a stronger currency in the market which has given profit to its investors and still has the potential to rise. |
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CryptoHarry
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December 18, 2017, 12:12:21 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.. ?
If to say you have invested all your money in March - by now you'll be very rich guy. sometimes it is good not to ask people for an advice, some advice are good and some are bad. in-terms of taking a risk you should just trust your guts and do it. |
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Lhaine
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Coinbene.com - Experience Fast Crypto Trading
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December 18, 2017, 12:21:54 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.. ?
Even the price of bitcoin was too big now i didn't put all my money on it, maybe 50% but not all because we didn't know what happen to bitcoin, it can be lose the value anytime, we didn't control it so think twice before you put all your money in bitcoin . |
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Adrin
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Activity: 294
Merit: 10
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December 19, 2017, 10:20:10 AM |
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I know one proverb sentence that is never put your all money in a one bank because if those bank destroy you will must be destroy because you put your all money in a one bank so I’m not place my all money in a one wallet and never buy only one coin , I’m always buy too many altcoin.
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Apened
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December 19, 2017, 10:29:57 AM |
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I know one proverb sentence that is never put your all money in a one bank because if those bank destroy you will must be destroy because you put your all money in a one bank so I’m not place my all money in a one wallet and never buy only one coin , I’m always buy too many altcoin.
Its good to know that many people know it but the question is applying it and if they apply it how good is it. Taking to that point that people know it but it is how you put your money investing in other basket may be bad investment but whne the time comes you will know that it is worth to invest. Many more options more money. |
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