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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
hermanhs09
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April 10, 2017, 11:03:55 PM
 #321

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.. ?

Honestly that doesn't sound like the best idea.

Simply because bitcoin is so volatile, and you never know where the price of 1 btc is headed at at any given moment. All you know is that bitcoin is going to go up in value in the long run, but in the short run it may crash.

I think diversifying your portfolio into other altcoins as well as fiat currencies won't hurt at all.

In fact, it'll probably benefit you.
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April 10, 2017, 11:12:03 PM
 #322

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.. ?

Honestly that doesn't sound like the best idea.

Simply because bitcoin is so volatile, and you never know where the price of 1 btc is headed at at any given moment. All you know is that bitcoin is going to go up in value in the long run, but in the short run it may crash.

I think diversifying your portfolio into other altcoins as well as fiat currencies won't hurt at all.

In fact, it'll probably benefit you.

Allocate your money depending on what are your needs,it is still good to leave something on you on your fiat,it is brought that you have enough bitcoin your wallet or for investing and trading and then make it grow in bitcoin ways, Example put 1btc then make a goal to make double by trading,or investing it. Its not necessary that you'll need to put all your money now in btc.

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April 11, 2017, 03:20:56 AM
 #323

not, most of my savings and make a snack and for other purposes and that's what happened.
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April 11, 2017, 04:33:20 AM
 #324

The money I'm investing in bitcoin are just spare amount of what's left of my paycheck. I have to set a side money for my emergency funds and of course for my daily needs. And I don't think it will be a good idea putting everything you have in bitcoin since the value of BTC constantly changes from time to time.

That's correct its always good to put little money in bitcoins that we can afford to loose as we are not sure what bitcoin will show us in future so its better not to put all money in bitcoins as if bitcoin fails then it will take away all our investment.
In fact, it has been commonplace in our society the rest of his money
invested for future, and they still believe in gold than bitcoin. I also do like that,
I am investing some of my money into gold and a few more into Bitcoin.
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April 11, 2017, 05:18:29 AM
 #325

The money I'm investing in bitcoin are just spare amount of what's left of my paycheck. I have to set a side money for my emergency funds and of course for my daily needs. And I don't think it will be a good idea putting everything you have in bitcoin since the value of BTC constantly changes from time to time.

That's correct its always good to put little money in bitcoins that we can afford to loose as we are not sure what bitcoin will show us in future so its better not to put all money in bitcoins as if bitcoin fails then it will take away all our investment.
In fact, it has been commonplace in our society the rest of his money
invested for future, and they still believe in gold than bitcoin. I also do like that,
I am investing some of my money into gold and a few more into Bitcoin.
So it means that the gold is still better than bitcoin in the longer run than the bitcoin. Gold is a legit one of the best investment because of it is going to be a rare piece of item and a lot of people are saving gold now because they know that someday it will become expensive. Just like in bitcoin, we are collecting because we believe that it will become expensive also but to be safe and to get the most profit as much as possible so it is best to invest in both.
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April 11, 2017, 06:12:59 AM
 #326

I didnt do put all my money into bitcoin. Bitcoin is a good investments and you can earn here if you are wise enough if place in a nice investment. This is not right that you store all your funds into bitcoin, it is good if you spread or store your money in different wallet for security purposes.
bitcoinisbest
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April 11, 2017, 06:34:59 AM
 #327

I think those of you have invested all in bitcoin is unaware of the financial world where there is saying that do not put all your eggs in one basket meaning spread your investment into various instrument types so that if one of them is not performing well you can still earn from other types of investment.
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April 11, 2017, 10:33:29 AM
 #328

I think those of you have invested all in bitcoin is unaware of the financial world where there is saying that do not put all your eggs in one basket meaning spread your investment into various instrument types so that if one of them is not performing well you can still earn from other types of investment.

Yes that is the riskiest move that every investors can do, is by putting their eggs(money) in just one basket. It is advisable and safe if the investors will diversify their money into different investment like altcoins,bitcoins and other site that offer investment with a average to high return but make sure that they are legit and received a ton of good feed backs then if not, don't invest in that site.
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April 11, 2017, 01:41:06 PM
 #329

Placing everything that you have in just one thing, no matter what that is, is very risky. That maybe might look like good move at that moment but long term you are too exposed to risk and we are all,aware how Bitcoin price is volatile. So it's always better to divide your funds into multiple diversified investments.

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April 12, 2017, 01:25:19 AM
 #330

I won't definitely put all my funds into bitcoin. I have a plan that I will divide it accordingly to other investments and in return, I could probably earn a lot more with different streams of income. I believe in bitcoin but not everything I will put in there. Just a portion of my fund.

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April 12, 2017, 04:27:29 AM
 #331

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.. ?
Not risky but if you put all your funds in bitcoin you will loss the fiat because fiat is use for daily activities so I think putting all your funds in bitcoin is bad idea. So don't put all your funds in bitcoin but the half of it and the half of it is will be the fiat money.
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April 12, 2017, 11:40:58 AM
 #332

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.. ?
Not risky but if you put all your funds in bitcoin you will loss the fiat because fiat is use for daily activities so I think putting all your funds in bitcoin is bad idea. So don't put all your funds in bitcoin but the half of it and the half of it is will be the fiat money.

Yes and putting all money in bitcoins is a big risk as you never know what will be the price of bitcoins in future and if price falls extremely then it will bring huge loss for you so its always good to put a part of your wealth in bitcoins and rest in some other investments.

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April 12, 2017, 05:53:53 PM
 #333

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.. ?
Not risky but if you put all your funds in bitcoin you will loss the fiat because fiat is use for daily activities so I think putting all your funds in bitcoin is bad idea. So don't put all your funds in bitcoin but the half of it and the half of it is will be the fiat money.

Yes and putting all money in bitcoins is a big risk as you never know what will be the price of bitcoins in future and if price falls extremely then it will bring huge loss for you so its always good to put a part of your wealth in bitcoins and rest in some other investments.

Yes. You need to diversity and spread out your money in few investment as well. Because if you put everything in bitcoin and for unseen circumstances it crash, you will make a huge loss. I don't know if alt-coins is still a good investment right now because almost of them are in red, meaning the price is going down.









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poetra2501
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April 12, 2017, 06:10:25 PM
 #334

The money I'm investing in bitcoin are just spare amount of what's left of my paycheck. I have to set a side money for my emergency funds and of course for my daily needs. And I don't think it will be a good idea putting everything you have in bitcoin since the value of BTC constantly changes from time to time.

That's correct its always good to put little money in bitcoins that we can afford to loose as we are not sure what bitcoin will show us in future so its better not to put all money in bitcoins as if bitcoin fails then it will take away all our investment.
In fact, it has been commonplace in our society the rest of his money
invested for future, and they still believe in gold than bitcoin. I also do like that,
I am investing some of my money into gold and a few more into Bitcoin.
So it means that the gold is still better than bitcoin in the longer run than the bitcoin. Gold is a legit one of the best investment because of it is going to be a rare piece of item and a lot of people are saving gold now because they know that someday it will become expensive. Just like in bitcoin, we are collecting because we believe that it will become expensive also but to be safe and to get the most profit as much as possible so it is best to invest in both.
Of course, for now, invest in gold is better than invest in Bitcoin, it's because,
gold is can be used as the jewelry which can make the women are interested. In contrast to
the Bitcoin has immaterial. But I think, someday bitcoin will be the best investment than gold.
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April 12, 2017, 10:52:08 PM
 #335

The money I'm investing in bitcoin are just spare amount of what's left of my paycheck. I have to set a side money for my emergency funds and of course for my daily needs. And I don't think it will be a good idea putting everything you have in bitcoin since the value of BTC constantly changes from time to time.

That's correct its always good to put little money in bitcoins that we can afford to loose as we are not sure what bitcoin will show us in future so its better not to put all money in bitcoins as if bitcoin fails then it will take away all our investment.
In fact, it has been commonplace in our society the rest of his money
invested for future, and they still believe in gold than bitcoin. I also do like that,
I am investing some of my money into gold and a few more into Bitcoin.
So it means that the gold is still better than bitcoin in the longer run than the bitcoin. Gold is a legit one of the best investment because of it is going to be a rare piece of item and a lot of people are saving gold now because they know that someday it will become expensive. Just like in bitcoin, we are collecting because we believe that it will become expensive also but to be safe and to get the most profit as much as possible so it is best to invest in both.
Of course, for now, invest in gold is better than invest in Bitcoin, it's because,
gold is can be used as the jewelry which can make the women are interested. In contrast to
the Bitcoin has immaterial. But I think, someday bitcoin will be the best investment than gold.

Even right now bitcoin is a good investment then gold as with bitcoin you will make quick profits which is not possible with gold as to make profits from gold you need  to hold it for a really long term.
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April 13, 2017, 12:34:42 AM
 #336

The money I'm investing in bitcoin are just spare amount of what's left of my paycheck. I have to set a side money for my emergency funds and of course for my daily needs. And I don't think it will be a good idea putting everything you have in bitcoin since the value of BTC constantly changes from time to time.

That's correct its always good to put little money in bitcoins that we can afford to loose as we are not sure what bitcoin will show us in future so its better not to put all money in bitcoins as if bitcoin fails then it will take away all our investment.
In fact, it has been commonplace in our society the rest of his money
invested for future, and they still believe in gold than bitcoin. I also do like that,
I am investing some of my money into gold and a few more into Bitcoin.
So it means that the gold is still better than bitcoin in the longer run than the bitcoin. Gold is a legit one of the best investment because of it is going to be a rare piece of item and a lot of people are saving gold now because they know that someday it will become expensive. Just like in bitcoin, we are collecting because we believe that it will become expensive also but to be safe and to get the most profit as much as possible so it is best to invest in both.
Of course, for now, invest in gold is better than invest in Bitcoin, it's because,
gold is can be used as the jewelry which can make the women are interested. In contrast to
the Bitcoin has immaterial. But I think, someday bitcoin will be the best investment than gold.

Even right now bitcoin is a good investment then gold as with bitcoin you will make quick profits which is not possible with gold as to make profits from gold you need  to hold it for a really long term.
Yes that is right, in gold you need to hold it for long term to be able to get profits while bitcoin can give you chance or opportunity to earn profits in just a short period of time which is what of the most people wants in their investment, but as what i said, it is best to invest in both so you can diversify your money and you can balance the long term and short term which is kinda safe rather than sticking to just one investment.
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April 13, 2017, 01:45:26 AM
 #337

I won't definitely put all my funds into bitcoin. I have a plan that I will divide it accordingly to other investments and in return, I could probably earn a lot more with different streams of income. I believe in bitcoin but not everything I will put in there. Just a portion of my fund.
I agree with you . with the proper division we can produce a better opportunity and secure in investing.
with the division of the investment we will be in accordance with what is expected.
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April 13, 2017, 08:07:46 PM
 #338

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 not a good a idea to put all your fund or money in to bitcoin, Though I know its growing but now a little bit dropped at 1100$ something. It could be the good and best way to apply it if bitcoin has already a fixed and stable price value, but as long as there is a volatility happening its advisable I think in my perception.
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April 13, 2017, 08:09:29 PM
 #339

nope I didn't put all of my funds in bitcoin,
I still need some for my daily needs so I won't do it.

 
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April 13, 2017, 08:11:14 PM
 #340

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.. ?
Not risky but if you put all your funds in bitcoin you will loss the fiat because fiat is use for daily activities so I think putting all your funds in bitcoin is bad idea. So don't put all your funds in bitcoin but the half of it and the half of it is will be the fiat money.

Yes and putting all money in bitcoins is a big risk as you never know what will be the price of bitcoins in future and if price falls extremely then it will bring huge loss for you so its always good to put a part of your wealth in bitcoins and rest in some other investments.
although i am pretty confident that it is not risky to put all my money in bitcoin  and i am sure that it can give me a good profit when the price of bitcoin will increase more and more. but still i have not put all my money in bitcoin i have saved some of my money for emergency, because i do not sure that in case of disparate need of money i will be able to get loam from bank or from a friend or not.
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