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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
magmar
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June 10, 2017, 11:58:20 AM
 #701

If OP did place all his/her funds into BTCBTCBTC he would have been rich by now.  Grin Grin Grin
I do agree. However I believe it didn't happen since most of reply in his topic told hime not to invest all in bitcoin. This is regretful but it's better to than to risk and lose.
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June 10, 2017, 01:26:11 PM
 #702

Maybe at this time I do not have enough btc for investment because number is still small, but I try alternative by trading with altcoin and hope profit. And results I get from this trade can be invested partly for my future, and certainly part of my income from trading I use to meet needs of my daily life
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June 10, 2017, 01:40:52 PM
 #703

I don't think it is good to put all your funds in bitcoin. We may not know when to increases or decreases it's value, it is much better to earn bitcoin and keep some of it, but do not put all your funds in it. I think it is better to put your money in multiple accounts or wallet.
THATS RIGHT DONT PUT ALL YOUR MONEY IN BITCOIN. BECAUSE WE DONT KNOW WHEN THE PRICE INCREASE OR DECREASE. ITS BETTER IF YIU INVEST YOUR MONEY IN BITCOIN YOU HAVE SUPPORT OR YOU HAVE EXTRA MONEY INCASE THAT BITCOIN DOWN YIU CAN BUY MORE. DONT PUT ALL YOUR MONEY IN ONE INVESTMENT . INVEST ONLY YOU CAN AFOORD TO LOSE.

 
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June 10, 2017, 05:25:12 PM
 #704

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 been following bitcoin market for the last two years.My advice is that you can invest all your money in btc as we can clearly see the ongoing developments in bitcoin day by day.Bitcoin has become an ever growing investment.

yes you are right looking at the development of bitcoin price one can invest all their money in bitcoin, it will be very profitable and also it will be a very successful investment as the price of bitcoin is going higher and higher and also many investors prefers that it is a good time to invest money in bitcoin.
I do not agree this. Besides knowing that the bitcoin is progressing and its price is shooting high but still we need to accept that the fact that it is a highly volatile and we cannot say anything that when can it crash because we know there are many reasons for it and it has been experienced in past. Therefore, I suggest diversifying your investments so that the risk can be minimized on your investments.
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June 10, 2017, 07:11:35 PM
 #705

I have not invested all my money in bitcoins as its a very big risk to take as you cannot be sure what will be the price of bitcoins in future and how long it will survive so in that case its good to invest money in multiple products.

No risk, no gain but you don't have to invest all your funds in bitcoin. As the day is passing by, when you see the big chances that bitcoin can give you a fair and better return you will be the one to volunteer to add more funds in bitcoin. And you need to be optimistic and just have a look at the charts of bitcoin, you will be encouraged.
Yes, I believe in it that there will be no gain if we don’t take any risk but the risk you take with your investment are not successful all the time so it is better for your nest egg to not to put all the eggs in the same basket. Being a student of the portfolio management I have no regret in saying that it is better to be safe then to shed tears in the end. I hope you understand why I am saying this. This is truly my experienced strategy.
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June 10, 2017, 07:58:05 PM
 #706

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.. ?
Putting all your money into Bitcoin is a good way of growing your money steadily but kind of slowly because there is no risk involved, but putting 1/2 (0.25 for Bitcoin and the other 0.25 for investment or trading) will be a better way to grow your money and still have some with you. Cool
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June 10, 2017, 08:44:47 PM
 #707

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 don't know what to say anymore. I think it's actually a good investment. I remember reading somewhere that stock market investors are starting edging their investments by buying BTC. "It's as safe as gold", it's the expression they used in the article. So yes, I'm starting to think that it's a very good way to watch your money grow.

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June 10, 2017, 08:58:10 PM
 #708

Putting all your money into Bitcoin is a good way of growing your money steadily but kind of slowly because there is no risk involved, but putting 1/2 (0.25 for Bitcoin and the other 0.25 for investment or trading) will be a better way to grow your money and still have some with you. Cool

Risk free doesn't exist when it comes to investments. In this case, Bitcoin itself isn't really the problem, or the volatility that comes with it, but more the unstable people that shouldn't invest to begin with. It's easy to say I will keep holding my coins for a few years, but most of the people that started with such intentions, find themselves selling their coins in panic at the time a correction takes place. This is where solid holders/traders seperate themselves from the weak handed yolo gamblers that don't understand anything when it comes to the market. Talk is cheap, steel balls are literally worth their weight in gold. Wink
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June 10, 2017, 10:53:19 PM
 #709

Bitcoin should be used as an investment vehicle to diversify and should not be used as a sole source of saving. You should only every take risk with currency that you can afford to loose. I personally invest 80% bitcoin, 20% altcoins both at ICO stage and currently available.

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June 11, 2017, 02:01:44 PM
 #710

I will never suggest you to put all the eggs in one basket. However bitcoin is the best way to invest and to earn a good profit but you should also be aware of its volatility. Bitcoin is profitable but not stable.
Yeaaa and i believe most people did not do that for any reason.
Bitcoin still like an expetimental digital currency and some people consider it as a place to invest.
A lot of people still doubt on bitcoin , but only want to make profit through its volatility.
I agree and this is somehow the truth about the bitcoin as well. Many people do earn profit from the volatility of the Bitcoin.

The Bitcoin still is new to many people. It might be popular in the west or in the first world countries but in the Third world countries it is still a new idea to the people and they are investing in it as a sort of experiment.
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June 11, 2017, 02:04:40 PM
 #711

I haven't made big earnings in bitcoin. Right now I have a small amount of bitcoin and the same is held into the wallet as a long term investment. In future sure I'll make an investment when I make a good earning from my day job. As I was not​ that experienced will participate into higher earning methods once after gaining good knowledge.

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June 11, 2017, 03:42:57 PM
 #712

I invested almost half of my savings at bank in bitcoins. And very grateful for current price increase. So i can get a satisfactory profit.
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June 11, 2017, 04:23:38 PM
 #713

Bitcoin should be used as an investment vehicle to diversify and should not be used as a sole source of saving. You should only every take risk with currency that you can afford to loose. I personally invest 80% bitcoin, 20% altcoins both at ICO stage and currently available.
Yeah, I have the same thought as you. 80% bitcoin and 20% for altcoin or ico investment, it will create for us many passive income sources and do not make our money frozen. In addition, it also limits the risk of investing because investing will certainly be risky and we can not predict when it will happen, if we do not put everything in, when we face risk, we will still lose money but not lose everything. We should have a strategy and reasonable investment plan, do not put all the money in one place, that would endanger our property

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June 11, 2017, 04:27:58 PM
 #714

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.. ?
Yes bitcoin is a good investment  to make your money grow but had risk also. But holding it for long term will be a good investment mostly now that the price continue to skyrocket. But I will not put all my money In btc only trading altcoin is much profitable for me .

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June 11, 2017, 04:48:32 PM
 #715

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.. ?
Yes bitcoin is a good investment  to make your money grow but had risk also. But holding it for long term will be a good investment mostly now that the price continue to skyrocket. But I will not put all my money In btc only trading altcoin is much profitable for me .

Although I agree with the fact that it may skyrocket in upcoming days and have a great value as an investment but I dont agree with investing everything into BTC is a good idea. its volatile and always risky, so I keep only my savings in BTC and it earns for itself with time.

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Malsetid
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June 11, 2017, 04:55:09 PM
 #716

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.. ?
Yes bitcoin is a good investment  to make your money grow but had risk also. But holding it for long term will be a good investment mostly now that the price continue to skyrocket. But I will not put all my money In btc only trading altcoin is much profitable for me .

Profitability wise, I'd put my money on btc rather than other altcoins. And you're right. It's foolish to put all your resources in one place whether it's btc, gold or whatever. Given the unpredictability of btc, we'd all be wise to keep our resources spread out in other investments. Though your gamble may reap huge profits if you place all your money in btc, the risk is too great to lose all your money as well if something unwanted happens


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Bowly88
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June 11, 2017, 05:36:59 PM
 #717

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 you did that that before, you're great now. I think there is nothing bad in investing in one inveatment at a time as you ascertain how legit it is and how sttong its market is. However, it's not good to put everything. There should be left for savings in case of emergency.
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June 11, 2017, 07:51:50 PM
 #718

I don't have much holdings and what I have is completely diversified in various forms. A major part is in the form of bitcoin holding. I realized this and made the diversification when an scammer made an attempt to hack my wallet and take it under his control. From that I diversified, because once lost is lost we cannot do anything.
Yeah same is the case here. I also don’t have much holdings because my financial don’t allow me to save much of my earnings at the time, but the little that I have are diversified as well. I have am holding just two Bitcoins currently and the rest of my investments are in the Alts mainly in etherium, Dash & XRP etc. So, I consider myself a bit safe.
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June 12, 2017, 03:13:34 PM
 #719

I don't think it is good to put all your funds in bitcoin. We may not know when to increases or decreases it's value, it is much better to earn bitcoin and keep some of it, but do not put all your funds in it. I think it is better to put your money in multiple accounts or wallet.
Why not mate? Do you still doubt about the strength of the bitcoin?
After the recent development in the Bitcoin that the Japanese government has legalize it in Japan as a mean of payment, I guess there is no reason left to not to trust into the bitcoin. Also there were people who were talking about the increase of the price that it is a bubble and it will burst but look at it now. I have no problem to invest all my funds into the bitcoin.

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June 12, 2017, 09:35:11 PM
 #720

Lol I put like 80-90% of my savings into bitcoin at 2k but then again I am just a college kid who doesnt have to worry about bills for the next couple years
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