did you place all your funds into bitcoin?

[emezh10]

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.. ?

Back in 2010 year ... In 2010 you can put all your money in Bitcoin ... In 2017 - it's big foolishness

I think is not a good ideas and if you do that your a big foolish. We all know that the value of bitcoin nowadays are getting higher and at the same time getting lower and lower. The value isn't permanent. What if you put all of your fund in bitcoin then the value became very low and them you need to cash out, you will suffer a big lose and especially you will lose a big amount. So don't you ever think to put all of your funds. Better to be intelligent than to take the risk of getting lose.

[romero121]

Placing all your funds into bitcoin is not a wise decision, at least to me. I bet on many alt coins that I can find and I trade as well as invest into them for 2 to 3 years time frame. You can make more returns by investing into good alt coins than simply holding bitcoins.

As said very few altcoins have grown within the speculative 2-3 years time frame. One thing we need to consider is the growth experienced by bitcoin which cannot be achieved by any of the bitcoin. In a year's time it has given a more than $600+ growth. With altcoins its not, with bitcoin that too a gradual growth. It's better to hold which too will give profit, but should never hold all funds in terms of bitcoin.

[GreenBits]

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 a way to live, honestly. It has its advantages, but the disadvantages outweigh them IMO. Unless you have a bitcoin debit card, you will be relegated to using gift cards, or using the rare business that actually accepts bitcoin. You will gain if you hold, but unless you make enough income to actually save money/bitcoin, the short term dips might have you unable to pay a bill, or a few cents short when you had enough a fee minutes ago. You are also subject to network congestion. I cannot tell you how many times I have sent btx to my shift card, left the house, arrived at the store, and still had to wait an additional 30 minutes (I went home waiting, once).

[virasog]

For me, I placed a lot of my money on bitcoins and I also am putting a lot of effort in gaining more of it. I really believe in bitcoins and I think it will really be the future of currency. It might not be the one that will truly move the world from what we use as financial mediums, but it will be the spar of a great change in how we deal with finances.

If someday these Bitcoin will be validated by the Government as the official currency, then I would put all my money into Bitcoin.
But if it's not yet ratified, then I just put some my money into bitcoin with trading altcoin. Because with trading we can get more profit.

Great, its a wise idea if you just put half of you money,  we need to be more clever than greedy, assurance for profit is a must because putting all your money is a big risks. But sooner if government will publicize or use bitcoin already for sure many will convert too into bitcoin.

[ethereumhunter]

For me, I placed a lot of my money on bitcoins and I also am putting a lot of effort in gaining more of it. I really believe in bitcoins and I think it will really be the future of currency. It might not be the one that will truly move the world from what we use as financial mediums, but it will be the spar of a great change in how we deal with finances.

If someday these Bitcoin will be validated by the Government as the official currency, then I would put all my money into Bitcoin.
But if it's not yet ratified, then I just put some my money into bitcoin with trading altcoin. Because with trading we can get more profit.

Great, its a wise idea if you just put half of you money,  we need to be more clever than greedy, assurance for profit is a must because putting all your money is a big risks. But sooner if government will publicize or use bitcoin already for sure many will convert too into bitcoin.

beside wise idea, i think we need to have back up money of our life so if something happen, we still have real money for handling that problem. its good to place all of our funds in bitcoin but we have real life that we need to thinking and even if we have a family which we still buying food for them, buy another thing for our family.

[kidoseagle0312]

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 shouldn't do that. It's not because you're a bitcoin believer it means you need to transfer all your funds into bitcoin. But you are free to do it, for me its only an advice because so far bitcoin is not yet considered accepted as payment in any of the majority business whether in public but  only in online payment where bitcoin is only accepted as payment.

[joshy23]

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 shouldn't do that. It's not because you're a bitcoin believer it means you need to transfer all your funds into bitcoin. But you are free to do it, for me its only an advice because so far bitcoin is not yet considered accepted as payment in any of the majority business whether in public but  only in online payment where bitcoin is only accepted as payment.

I'm not placing all my money on bitcoin as well. Maybe just enough bitcoin to used for trading, and buying things on the Internet. Because if you do put all your funds in bitcoin, most likely you might need to convert it back to fiat so you will lose a few in an exchange. And besides you always need fiat because not all merchants are accepting bitcoin right now. So just put enough that you feel comfortable in bitcoin, not all.

[shintosai]

I placed my funds in maidsafe before the BTC sunk.

MAIDSAFE is looking good... easy money then will convert back to BTC 1 month from now after the fork.

Join the bandwagon for MAIDSAFE.

oh well you did find a good place to advertise mate, but regarding to OP's concerned its always better to invest the amount that you can afford to lose just like most of the replied here, bitcoin can be good nor bad in the long run its the trust and timing that you need before pacing your entry.

[iamTom123]

I now fully realize that although we are all excited and upbeat on Bitcoin, it does represent also some risks and possible loss of money. Bitcoin is still relatively new and many still considered it to be experimental and as such it can be tricky at times with its amazing volatility. It is never advisable for anyone to put all eggs in just one basket and in this case Bitcoin. As they say, there is always the other side of the coin, in Bitcoin it can mean opportunity and risk. It is all up to us how we play the game and maybe how lucky we can get.

[naidray]

I now fully realize that although we are all excited and upbeat on Bitcoin, it does represent also some risks and possible loss of money. Bitcoin is still relatively new and many still considered it to be experimental and as such it can be tricky at times with its amazing volatility. It is never advisable for anyone to put all eggs in just one basket and in this case Bitcoin. As they say, there is always the other side of the coin, in Bitcoin it can mean opportunity and risk. It is all up to us how we play the game and maybe how lucky we can get.

When you are agreeing bitcoin is still in experimental project, how we can go with all of our funds. But we can be sure that bitcoin will be having great future still diversifying would be the right option as per money management philosophies. Bitcoin's opportunities in terms of returns are really marvelous but we need to think about all kind of situations too, hence staying safer by diversifying is highly recommended.

[jakelyson]

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 really a good idea. Even though that bitcoin is very promising, it is not wise to put all your money on one basket. As on any investment, you never go all in on one investment alone. It is better to have a diverse portfolio. It is safer.

[Yatsan]

I think no because as you can see bitcoin is just a digital coin if you will invest all of your money in bitcoin you can loss not in bitcoin but in digital world because the expenses need fiat to pay bills buy foods and etc. so better to invest some or half of your fiat money.

[poetra2501]

For me, I placed a lot of my money on bitcoins and I also am putting a lot of effort in gaining more of it. I really believe in bitcoins and I think it will really be the future of currency. It might not be the one that will truly move the world from what we use as financial mediums, but it will be the spar of a great change in how we deal with finances.

If someday these Bitcoin will be validated by the Government as the official currency, then I would put all my money into Bitcoin.
But if it's not yet ratified, then I just put some my money into bitcoin with trading altcoin. Because with trading we can get more profit.

Great, its a wise idea if you just put half of you money,  we need to be more clever than greedy, assurance for profit is a must because putting all your money is a big risks. But sooner if government will publicize or use bitcoin already for sure many will convert too into bitcoin.

beside wise idea, i think we need to have back up money of our life so if something happen, we still have real money for handling that problem. its good to place all of our funds in bitcoin but we have real life that we need to thinking and even if we have a family which we still buying food for them, buy another thing for our family.

Certainly, we should have some money for backup. By putting all the funds into the bitcoin
it will be more and there are opportunities to profit. With the big capital, the advantage that we get is big too.

[CraigWrightBTC]

I think no because as you can see bitcoin is just a digital coin if you will invest all of your money in bitcoin you can loss not in bitcoin but in digital world because the expenses need fiat to pay bills buy foods and etc. so better to invest some or half of your fiat money.

Yes basiccally bitcoin is instrument of investments can be called new gold but bitcoin is not real gold 
put all of money in bitcoin is bad because it is high risk losing money in bitcoin also bitcoin's price is fluctuation
there are no people who guarantee bitcoin will be price, so bitcoin is good for looking money with trading altcoins. 

[susila_bai]

No, i have split my funds in several ways like 20% i keep in bitcoin balance i distribute between sports betting and poker gambling and balance some i convert it to fiat currency for my personal expenses. As keeping all in bitcoin is also risky

[Text]

There is no time that comes in my mind to put all of my funds into bitcoin because why should I? Yeah I know we can make profits with bitcoin but the risks is present so we may lose on the other side and we will be left nothing if happened. That is what I hate and the worst thing I've done.

[dodgecharger]

No, we shouldn't do that. Although bitcoin have a lot of potential, but the short term fluctuation risk shouldn't be ignored. Especially for the new comers, they cannot stand this kind of loss in their accounts. If you are not comfortable with this kind of loss, I suggest you to buy small amount. Current its hottest debate is around the BU and Core. Bitcoin may fork in the near future.  Bitcoin is dumped in recent days.

[batang_bitcoin]

I'm thinking right now what if I'm a newbie and amazed to bitcoin way back when it's price is at $1,300 mark. And I'm confidently that it will make my investment and funds grow so I did invest everything that I've got and right now upon seeing the price of bitcoin, it's falling for sure that will make us all frustrated and regret if you did this for real.

[termion]

No, we shouldn't do that. Although bitcoin have a lot of potential, but the short term fluctuation risk shouldn't be ignored. Especially for the new comers, they cannot stand this kind of loss in their accounts. If you are not comfortable with this kind of loss, I suggest you to buy small amount. Current its hottest debate is around the BU and Core. Bitcoin may fork in the near future.  Bitcoin is dumped in recent days.

I think, soon bitcoin maybe 800$ and down ...  For leading crypto currency, bitcoin serves only as an intermediary ... ETH, DASH can now be bought for real money, bypassing the purchase of bitcoin ...  Bitcoin - widely advertised bubble

[the rise]

No, we shouldn't do that. Although bitcoin have a lot of potential, but the short term fluctuation risk shouldn't be ignored. Especially for the new comers, they cannot stand this kind of loss in their accounts. If you are not comfortable with this kind of loss, I suggest you to buy small amount. Current its hottest debate is around the BU and Core. Bitcoin may fork in the near future.  Bitcoin is dumped in recent days.

I think, soon bitcoin maybe 800$ and down ...  For leading crypto currency, bitcoin serves only as an intermediary ... ETH, DASH can now be bought for real money, bypassing the purchase of bitcoin ...  Bitcoin - widely advertised bubble

Many people are optimistic about bitcoin prices continue to fall and also the issue of hard fork. Instead, I simply invest more when prices fall, only matter of time until Bitcoin down at the lowest point this year, I would buy as much as possible.

Do you ever wonder when prices fall will bring more types of businesses that use bitcoin including a signature campaign ?

Let fluctuations discovered the pattern perfectly, for those who are not familiar with trading, they will be greatly helped by it. the higher price of bitcoin only will make fewer business opportunities, bitcoin currency is decentralized and not only played by experts. The main thing is volume of quantity rather than quality.