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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
jayhawk1
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January 13, 2018, 07:08:19 AM
 #2261

I only invest a small portion of the wealth to the currency, because it never invest all his money in one place, I in the currency and spend some money, some currency diversification is a correct investment behavior!
It is always advisable not to put all your fruit into one basket. If you will do such sort of thing, then this can prove out as your disaster as well. You need to be very much careful and you need to think sensibly while making this decision of how much money you will invest into bitcoin. Invest some good amount of money into bitcoins but do save something back in your account which can help you at the time of need.
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ramzhies
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January 13, 2018, 07:24:08 AM
 #2262

very foolish to bring all ur funds on something u fully don't understand.. u may know part of crypto, but not whole of it.. volatility alone is shaky ground to stand on
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January 13, 2018, 07:35:33 AM
 #2263

I think it's very risky. My suggestion is better you put a little capital first. Steeped bitcoin so that profit and we can return capital

That is correct  and a very safe way to trade.  Putting your money in a single destination is very risky. Try to put a little  amount first and when it started  to gain some profit you  can add some capital again.
this is where a lot of people may start to loose a lot cause they may just put their fund in just one so better to be more careful for what we are doing specially in trading this is more serious and we just need to take a lot of study before we may take this.

The crypto market is a pure speculation. The price that driven by popularity, news and buzzes makes it hard to predict. One wrong move and you'll done 😂. Diversifying is a must and learning is a responsibility for a trader.

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January 14, 2018, 09:57:57 AM
 #2264

I think it's very risky. My suggestion is better you put a little capital first. Steeped bitcoin so that profit and we can return capital

That is correct  and a very safe way to trade.  Putting your money in a single destination is very risky. Try to put a little  amount first and when it started  to gain some profit you  can add some capital again.
this is where a lot of people may start to loose a lot cause they may just put their fund in just one so better to be more careful for what we are doing specially in trading this is more serious and we just need to take a lot of study before we may take this.

The crypto market is a pure speculation. The price that driven by popularity, news and buzzes makes it hard to predict. One wrong move and you'll done 😂. Diversifying is a must and learning is a responsibility for a trader.


That is so true and that is why we need to make it sure that we stay to our strategy and not befallen trap to emotion trading. When we stick to our strategies, no matter where the market heads, you feel no rush and just execute your strategy.
tranduc2101
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January 14, 2018, 10:52:52 AM
 #2265

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.. ?
Those who put all of their money into Bitcoin a few months ago now have become wealthy when the Bitcoin value has increased several times over the price a few months ago.

Akselrod
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January 14, 2018, 11:26:39 AM
 #2266

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.. ?
Those who put all of their money into Bitcoin a few months ago now have become wealthy when the Bitcoin value has increased several times over the price a few months ago.
I think peoples who put all money in Bitcoin in 2013 were not so happy. This is a big risk. Always make diversification Wink
DBronze98
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January 14, 2018, 11:37:50 AM
 #2267

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.. ?
Many people have put all their money into Bitcoin and a lot of people have received a lot of money from making this decision. There are also many who go after buying it when the price is too high and must accept the loss.

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January 14, 2018, 12:47:48 PM
 #2268

No I don't put all my funds into bitcoin but some I put invest into altcoin also. I think good to put invest a little percentage of our money into altcoin also, so not just invest into bitcoin only. Like ETH is good potential coin to put invest into it, so we need to choose good coin before we put investment.

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Jackblack90909
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January 14, 2018, 01:04:33 PM
 #2269

Of course I don't place all my funds in Bitcoin, because that's still a bit risky, since BTC price is known by its volatility. But I still investing in Bitcoin and holding some amount of this crypto currency.

I am also investing in some good altcoins like Ethereum, Ripple and Litecoin. In addition with buying some tokens and investing in few promising ICOs.
Kambal2000
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January 14, 2018, 02:33:45 PM
 #2270

Of course I don't place all my funds in Bitcoin, because that's still a bit risky, since BTC price is known by its volatility. But I still investing in Bitcoin and holding some amount of this crypto currency.

I am also investing in some good altcoins like Ethereum, Ripple and Litecoin. In addition with buying some tokens and investing in few promising ICOs.
Be practical in everything, although I believe in bitcoin so much and believes that it will change my life I still believe that it can also dropped so we need a back up money that we can use anytime and for us not to withdraw our investment right? so not advisable to place all funds to bitcoin.
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January 14, 2018, 02:57:36 PM
 #2271

Of course not, We still have to be aware and practical because of the volatility of bitcoin. In any kind of investment they always say that invest what you can  afford to lose and don't put all your eggs in one basket. Always Diversify and have your own strategy and back up plan.
mudasarali43
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January 14, 2018, 08:50:38 PM
 #2272

Actually Bitcoin hype is creating success day by day and every one is attracting from bitcoin and blockcahin technology and even my friends are also interested to make a part of bitcoin,
This great opportunity is best for every one and their price is demand is growing and creating the new candle of high price that is make more interest in friends to buy the Bitcoin to take a part to make it in use,
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January 14, 2018, 09:23:27 PM
 #2273

Bad idea that places all your funds into bitcoin or in a single investment. It too unsafe things. For me the best things you can do is split your resources into bitcoin, Litecoin, Ethereum or others cryptocurrency.  So what matter will happen you have backups. This idea will defend you from possible risky and dangerous

Mixture of bitcoin, ether and litecoin works better instead of making it all bitcoin. The idea should be the catching all the opportunities by having several coins not to miss one. More coins can be added also.
theflyingfury
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January 15, 2018, 12:54:58 AM
 #2274

In any investments no matter what dont invest all your money. You never know what might happen. 40-70 % can be invested Smiley
kamote291993
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January 15, 2018, 01:43:54 AM
 #2275

I did not put all my funds to bitcoin because I believe in a saying that do not put your money in one basket. Even though bitcoin keeps on rising its still not safe to put all your money with it. Make sure to always have spare funds for emergency purpose.
EdenDice
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January 15, 2018, 08:15:42 AM
 #2276

Yes... most part of them, but i did it when it was too late, i discovered bitcoin for the first time when it was less than $300 each one of them, and i was holding a lot of them but unfortunately, i sold them all.
And then i started back on this year, i am holding as much as i can, i do not want to lose any other opportunity in here.

Siren
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January 15, 2018, 09:08:22 AM
 #2277

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.
yeah how can you afford of losing everything if all of a sudden bitcoin or this community collapse (just incase it happens but i surely not)what woukd you do or spent for recovery?nothing?then younwill end up crying because of what foolishness have you made?

As what the crypto words says.invest what you can afford to lose.it only means one thing dont invest all of your funds inside,but 50% is enough to make profit here most specially in bitcoin or ethereum that will perfectly increase prices sooner .
earl07
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January 15, 2018, 09:25:32 AM
 #2278

No i did not its kinda risky you know,i converted it to our currency but some of it still on bitcoin,i cant afford to lose some profit specially now.Bitcoin is being stagnant price and plays from 13k to 14k,if i place all my funds to bitcoin then its inevitable to lose and its not that good.It may reduce or even divided from my original fund.However,when i see a sudden rise of its price then i wont hesitate to convert it and hold for the time being.In that way i wont lose some but gain from it.

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Rayner77
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January 15, 2018, 09:27:10 AM
 #2279

I may have placed more than half of my funds in Bitcoin early last year when the price wasn't too expensive, but given its price now, I would never risk everything on Bitcoin as it could move slower compared to previous rallies.
Blondy12
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January 15, 2018, 09:53:43 AM
 #2280

Definitely not a good idea. You can put the majority of your funds in bitcoin for long term investment and leave the rest of your funds to yourself so that when in times of emergency or you need an important stuff to buy you have something you can pay for.
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