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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
carlerha
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June 16, 2017, 11:07:07 PM
 #761


Not all of my funds were place in the bitcoin, I just put 30% into bitcoin another 30% into my business and 40% to my savings. I divided it into 3 because I don't want to lose the opportunity of this this 3 major things that I need to do in my life.

well it is very good that you have not placed all of your funds in bitcoin because the price of bitcoin is now in these days are very unstable but it does not matter because it is now going to increase but it is extremely nice that you have divided all your funds into 3 parts because sometimes if you need money then it will be easy for you. Like you i have also divided my income but into 2 parts i have placed half of it in bitcoin and half i have save in fiat for any urgent need.
I do not think that it is a wise decision to put your money in one business. although bitcoin has a good potential and more chances are that the price of bitcoin will increase more, but still  I will never like to put all my money in bitcoin, I have still invested a good amount may be more than 70% but still keep some for my personal use and emergency, because no one know about emergency when to come, therefore must keep yourself ready.
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June 16, 2017, 11:16:14 PM
 #762


Not all of my funds were place in the bitcoin, I just put 30% into bitcoin another 30% into my business and 40% to my savings. I divided it into 3 because I don't want to lose the opportunity of this this 3 major things that I need to do in my life.

well it is very good that you have not placed all of your funds in bitcoin because the price of bitcoin is now in these days are very unstable but it does not matter because it is now going to increase but it is extremely nice that you have divided all your funds into 3 parts because sometimes if you need money then it will be easy for you. Like you i have also divided my income but into 2 parts i have placed half of it in bitcoin and half i have save in fiat for any urgent need.
I do not think that it is a wise decision to put your money in one business. although bitcoin has a good potential and more chances are that the price of bitcoin will increase more, but still  I will never like to put all my money in bitcoin, I have still invested a good amount may be more than 70% but still keep some for my personal use and emergency, because no one know about emergency when to come, therefore must keep yourself ready.
It is good to keep some of your money for your needs and for emergency but if you have money extra than that then you have to invest them in bitcoin because this investment will make your future. You will be very happy in the coming future with that decision.
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June 16, 2017, 11:18:23 PM
 #763


Not all of my funds were place in the bitcoin, I just put 30% into bitcoin another 30% into my business and 40% to my savings. I divided it into 3 because I don't want to lose the opportunity of this this 3 major things that I need to do in my life.

well it is very good that you have not placed all of your funds in bitcoin because the price of bitcoin is now in these days are very unstable but it does not matter because it is now going to increase but it is extremely nice that you have divided all your funds into 3 parts because sometimes if you need money then it will be easy for you. Like you i have also divided my income but into 2 parts i have placed half of it in bitcoin and half i have save in fiat for any urgent need.
I will say that the better choice is that you invest more money in bitcoin and wait for a longer time because everyone here know that in the long term the price of bitcoin is increasing very faster to a higher peak and if you will have all of your money in it then you will get a greater profit from that.
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June 17, 2017, 01:52:45 AM
 #764


Not all of my funds were place in the bitcoin, I just put 30% into bitcoin another 30% into my business and 40% to my savings. I divided it into 3 because I don't want to lose the opportunity of this this 3 major things that I need to do in my life.

well it is very good that you have not placed all of your funds in bitcoin because the price of bitcoin is now in these days are very unstable but it does not matter because it is now going to increase but it is extremely nice that you have divided all your funds into 3 parts because sometimes if you need money then it will be easy for you. Like you i have also divided my income but into 2 parts i have placed half of it in bitcoin and half i have save in fiat for any urgent need.
I do not think that it is a wise decision to put your money in one business. although bitcoin has a good potential and more chances are that the price of bitcoin will increase more, but still  I will never like to put all my money in bitcoin, I have still invested a good amount may be more than 70% but still keep some for my personal use and emergency, because no one know about emergency when to come, therefore must keep yourself ready.
It is good to keep some of your money for your needs and for emergency but if you have money extra than that then you have to invest them in bitcoin because this investment will make your future. You will be very happy in the coming future with that decision.
I have a rule for myself and it is almost the same to that. I don't invest money if i don't have any kind of emergency funds because if i will just go out and invest all of my money without preparing for the worst case scenarios then i will probably face a lot of losses in the future because i can't control what will happen if emergency occurs then i will have to sell my bitcoins or any cryptocurrency no matter what is the price for just getting enough money for emergency which is i'm very afraid to happen so i set things up first like emergency fund so i can feel safe and comfortable.
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June 17, 2017, 02:03:38 AM
 #765

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 don't put all money to bitcoin.. because the bitcoin rate is Unstable Sometimes up or down. I suggest you invest 75% for bitcoin and 25% for backups when bitcoin prices go down. good luck guys !!  Wink
 

Exactly, you must NEVER put all your eggs in one basket.

At the same time with a large portion of our funds in bitcoin and altcoins we can expect big returns while still having enough left over for emergencies or other good investments.

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June 17, 2017, 03:10:57 AM
 #766

No, I can't place all my funds in bitcoin maybe 25% of my funds was in the bitcoin and the rest was in the bank. Because I can't sure how long bitcoin in the market while banks were almost lifetime.
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June 17, 2017, 03:27:05 AM
 #767

No, I can't place all my funds in bitcoin maybe 25% of my funds was in the bitcoin and the rest was in the bank. Because I can't sure how long bitcoin in the market while banks were almost lifetime.

That is the right thing to do as investing all money at single place can be really risky and especially in bitcoins as no know knows how long bitcoins will survive and even if it survives what will be its price in future and if price crashes dramatically then it will give huge loss on our investments so its good to put only a small part of our wealth in bitcoins.

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June 17, 2017, 04:05:38 AM
 #768

It is preferable to  split investments rather than investing in bitcoin only. Although it may be economically viable but due to the volatility and instability of the price of bitcoin these days could make or Mar the benefits of investing in bitcoin.

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June 17, 2017, 04:16:46 AM
 #769

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 is really good way for you to earn a big profits. You are the one who will made the decision so pick wisely but I prefer to you to invest all of your money to the btc because I know it is very effective to gain profits.
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June 17, 2017, 05:17:39 AM
 #770

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 is really good way for you to earn a big profits. You are the one who will made the decision so pick wisely but I prefer to you to invest all of your money to the btc because I know it is very effective to gain profits.

No mate investing all your money only in bitcoins is really risky as no one knows what future holds for us so to minimize the risk of loosing money its always good to diversify your investments in different products so even if one investment goes wrong you always have an hope of making profits from other products.



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June 17, 2017, 05:36:05 AM
 #771

I will not keep all my money in bitcoin. I will halve, some I will use to do business in the real world . I have built good communication with bitcoin users in my country, so at this time I can cooperate well. I want to earn money from two different places. This gives me a great opportunity to earn more money.
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June 17, 2017, 05:42:12 AM
 #772

I will not keep all my money in bitcoin. I will halve, some I will use to do business in the real world . I have built good communication with bitcoin users in my country, so at this time I can cooperate well. I want to earn money from two different places. This gives me a great opportunity to earn more money.
I will keep all of my bitcoins but I'm not going to place all of my funds with it. Better to do what you think will be good to you. I haven't invested big amount to bitcoin I was just lucky enough that I was able to grow my investment before. I'm planning now to invest into some other projects but still I will play safe.



 

 

 

 

 

 


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June 17, 2017, 11:48:15 AM
 #773

Not all but most of it because the bitcoin now is getting popular and in that situation the bitcoin will be pump this following months and to be exact is within the year because as time pass by the bitcoin is gaining investors and getting the interest of each individual so as you can in that the bitcoin is based in the supply and demand so there's a higher possibility that this following years or decade the bitcoin will pump due to only (estimated) 1% of the world population know the bitcoin.
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June 17, 2017, 12:18:11 PM
 #774

Placing all funds into bitcoin is not a wise decision, but with a perfect planning investing into bitcoin gives the best profit. So that the profit earned through the same can be diversified on different investment platforms and the the diversification of investment will reduce the risk.

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June 17, 2017, 01:29:47 PM
 #775

No, i only put a little money into bitcoin so far. I'm learning and trying to trade alt coin at the moment using that money. Maybe later after i'm confident enough i'll put more money into it.

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Willitivity
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June 17, 2017, 03:19:29 PM
 #776

Remember the popular saying; 'Don't put all your eggs in one basket" ?
The main thing there is that investing into bitcoins is very attractive and quite lucrative atimes. But investing your whole money into bitcoins is not a good plan. As at the moment bitcoins is not a major payment method, you still money in the real world to meet up with expectancies and emergencies.
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June 17, 2017, 03:20:47 PM
 #777

No, i only put a little money into bitcoin so far. I'm learning and trying to trade alt coin at the moment using that money. Maybe later after i'm confident enough i'll put more money into it.

Your actions like me when i first got to know cryptocoin. I just invested a few dollars in bitcoin. Over time, more i gain knowledge about crypto trading. I bought another bitcoin using localbitcoins
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June 17, 2017, 03:48:43 PM
 #778

Placing all funds into bitcoin is not a wise decision, but with a perfect planning investing into bitcoin gives the best profit. So that the profit earned through the same can be diversified on different investment platforms and the the diversification of investment will reduce the risk.
- I agree with you, putting all our funds into bitcoin is not a wise idea, it can freeze and can make our money fall into dangerous situations. I think if we want to become a true investor, we should know the first rule of investing is do not put all the money in one place. Maybe bitcoin is an ideal and potential investment destination but the future is unpredictable, so we need to think about the worst situations that can happen. The best is that we should only put half the fund in Bitcoin and using the other half for other investments, as you say it will help us to have many sources of income and reduce the risk


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Mpamaegbu
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June 19, 2017, 07:13:59 AM
 #779

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.

You actually took the words out of my mouth. I really don't know why anybody would want to invest all they have into a single investment no matter how lucrative it seems. Thumbs up for this advice!

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..BUY/ SELL CRYPTO..
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June 19, 2017, 07:18:07 AM
 #780

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 am new here in the forum and I am still gathering informations about it. But from what I have read so far altcoins is better than bitcoin in terms of profit these days.
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