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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
popolite11
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April 05, 2018, 08:37:34 PM
 #2521

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 strongly believed that bitcoin is a good choice for our investment but with a greater risk so it is much better to put a portion of your savings and do not put all your money in single investment.

Supporting Bitcoin does not mean investing everything in it. You risk too much. The best thing will be to spread all your funds and buy various altcoins.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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April 05, 2018, 09:49:20 PM
 #2522

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 strongly believed that bitcoin is a good choice for our investment but with a greater risk so it is much better to put a portion of your savings and do not put all your money in single investment.

Supporting Bitcoin does not mean investing everything in it. You risk too much. The best thing will be to spread all your funds and buy various altcoins.
Diversifying would always the best move to be made and as an investor this should really be done.Im not saying its bad to go all in with bitcoin but we do know that market is very unpredictable and anytime price dip do happen.If we do only focus on a single coin then chances of recovery would hard not compared on having another option or investment which will possible able help us to gain to patch up losses which is good in any situation.

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April 06, 2018, 03:39:17 AM
 #2523

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 you should not, save for yourself half of it and the other half you can invest in bitcoin but always remember, think that there is always a risk in putting money for some investment.

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April 06, 2018, 05:15:12 AM
 #2524

Bitcoin is good investment but I wouldn't suggest to put all your money into it. I wouldn't suggest puting all your money into anything, not just Bitcoins. Every investment is a risk and there is always the danger of losing money so you have to invest with care and you always have to have some back up. Don't ever invest more then you can afford to lose.
yes, I agree with you, putting all the money on the investment is very dangerous, because if you suffer losses then the money will be all gone, so better invest some of the money you have, to earn extra money.
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April 06, 2018, 06:22:53 AM
 #2525

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 have talked to a lot of my friends. Some of them are very bullish about Bitcoin and have invested more than 90% of their funds in to crypto. But at the same time, none of the investment experts advice you to keep more than 10% of your wealth in the form of crypto.

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April 06, 2018, 07:31:31 AM
 #2526

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.. ?

Don't ever put all of your money in just one type of investment. Also put your amount of money that you can afford to lose and try to diversify your investment. I know bitcoin is a good investment but it doesn't mean it has no risk. No one can predict how long does it takes for bitcoin to surge again.
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April 06, 2018, 09:51:58 AM
 #2527

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.. ?
Never invest 100% of its reserves in a cryptocurrency is a particularly risky investment, an area where one is never sure of the turn and a financial event (a crash especially) can occur at any time.

If you have enough money, you can invest a little bit of your money. Because I think bitcoin is good for investment. But do not expect too much just from bitcoin, you also have to have a major job as a source of income for sure
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April 06, 2018, 10:20:26 AM
 #2528

Not yet a good to me because i have invested much of my money into gold and personal prize bonds but in future i will convert all my money into crypto currency and the people who are trading these or they wan to hold it for future payments so for this they are converting their income bitcoin to use for future.

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April 06, 2018, 10:24:50 AM
 #2529

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.. ?

To be honest, I do not think it is going to be a good idea to put all of your money in your Bitcoin wallet. Put most of them in your bank account to be safe, especially in this bearish market today. Only invest what you can afford to lose, because as of now, the market is unstable and fluctuating. Just a little heads up for you mate.

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April 06, 2018, 10:43:56 AM
 #2530

Investing in Bitcoin is always a good chance but it is not possible to completely relay on Bitcoin, we have to divert other best coins in the market. We should not keep all our investment into single coin we should always divert our money in order to be safe.
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April 06, 2018, 10:47:55 AM
 #2531

For me, I have no funds in bitcoin because, I'm scared to invest and to scam. The value of bitcoin now is down so, I have no funds into bitcoin. We just join campaign that I can get a funds not to invest my money. It is good to join campaign to earn money even to invest you didn't what if happen your invest is increase or down.
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April 06, 2018, 02:03:56 PM
 #2532

There is risk in any undertaking most specially now a days, our hard earned money should be highly valued. Therefore, when thinking of investing at anything, one should have a  thorough study and research, get the strategy and the right attitude and above all, we should not throw everything at once instead always keep and reserve something for future need. Same thing with bitcoin, it can give us huge profit overnight  but you can also loose what you invested in a glimpse.

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April 06, 2018, 02:05:00 PM
 #2533

Diversification is key. I split my money into four major coins. Although I am down I believe in those projects and I am confident they will rise again.
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April 06, 2018, 02:24:03 PM
 #2534

A lot of investors think, that place all funds into bitcoin is the right decision. But you need to understand that it will bring less profit than investing in altcoins.
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April 06, 2018, 02:25:39 PM
 #2535

I've split my capital atleast into two major coins and they are bitcoin and ethereum, I also think of having some possible alt coins as well in the market. Right now I'm just a newbie when it comes to trading so I'm into learning first the trading system and what strategy I'm going to use to have more chance of getting good result. Now that bitcoin price decreases everyday I'm totally confused on putting more money to invest in bitcoin because i don't know when is the time bitcoin rise again. Maybe I will wait for couple of months then will decide my next move for a more secure investment.
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April 06, 2018, 05:53:37 PM
 #2536

A lot of investors think, that place all funds into bitcoin is the right decision. But you need to understand that it will bring less profit than investing in altcoins.


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April 07, 2018, 08:02:11 PM
 #2537

Bitcoin is $7000 right now and its the lowest price for investment also and its good time to buy bitcoin because the price is also at lowest candles and its good time to place the funds into the bitcoin, because bitcoin have great future there are lot of big names are accepting bitcoin and the latest blockchain technology and the limited quantity of bitcoin prove the great future of bitcoin and due to this the great impact to the bitcoin future,
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April 07, 2018, 08:41:35 PM
 #2538

Yeah, i put all my money to Crypto in January, now i feel a bit sad. Now i realize it's too risky. Do not put your all money to anything.
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April 07, 2018, 11:22:26 PM
 #2539

Yeah, i put all my money to Crypto in January, now i feel a bit sad. Now i realize it's too risky. Do not put your all money to anything.
yes same with you I have invested some of my money and time into bitcoin but upon entering the end of february everything disappears, my dream and my assets. but I still hold the bitcoin and trust the bitcoin will be stable again. the most important thing we have to keep support crypto currency, if we really want to go back as before

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tuliobrothers
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April 07, 2018, 11:27:44 PM
 #2540

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 putting all of your money with bitcoin is very risky.  It is more safe if you can divide those money in different category to secure your money.

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