phaddie
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March 26, 2017, 03:38:57 PM |
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Some people were suggesting OP to put at least half money in bitcoin. So bitcoin's price fall from 1200-1300 to 935and today's low was 895. Well, if there is high need for money in some case, what do you suggest him? For example if today he needs bitcoins for very neccesery reason? He needs to convertmoney and if he bought bitcoin when it's price was 1200, his lose will be high and he won't profit but lose some money. We have to foresee such situation.
Though the price now is pumping and dumping ranging to $895-$959(as of now) still putting almost half of your funds to bitcoin will depend on the investor. If they really do have faith in bitcoin and believe that they will reap this investment in the future its up to them. And those people that can do that are the ones that are actually wealthy enough. Yeah people who have enough money can afford to invest huge sum in bitcoins and they are the people who can invest even if the price is higher but a person who wants to take calculative risk will never prefer to invest all his money in bitcoins as if things goes in opposite direction in future then it will be great loss for him which would be impossible to recover. And if I got those enough money since the beginning I knew bitcoin I probably invested a lot of it already. But there are people who are keep on saying that this is one of the investments that you should be thinking of many times before trusting your funds on it. And I found out that those people that warned me are all wrong. You cant be still sure if they are wrong totally because the risk of crash is there anytime which means we can still loss money on putting up on bitcoin.In my case i just save bitcoin that i get from my jobs here online and on cryptoworld but i just on a small percentage because i cant dare to put all my money to bitcoin because of the risk involved. What I meant is that they are talking about that the risk is not going to give me profit. Just think about it, when someone introduce me to bitcoin at $400 and now the price is $980+ and it went $1,300+ already. So if I did believe to them probably my money did doubled or even tripled but well if there's no risk, no gain. If you have invested in the past when the price was too low then you have already made some good profits by now and if you want to make good profits in future then you can afford to buy them even at present as price in long run will be definitely go higher so I don't there is too high risk in investing in bitcoins.
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raven7886
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March 26, 2017, 04:05:02 PM |
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If you have invested in the past when the price was too low then you have already made some good profits by now and if you want to make good profits in future then you can afford to buy them even at present as price in long run will be definitely go higher so I don't there is too high risk in investing in bitcoins.
With respect to current low price of bitcoin, I am also planning to go bitcoins with all my other investment as I am believing this would be the right time to buy more number of bitcoins so that I could make good profits in quick time itself. As per the technical analysis of many trading houses, bitcoin will bounce back very quickly toward $1500 price levels. So making quick profits would be the possibility I'm aiming now with all my funds into bitcoins.
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revans
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March 26, 2017, 04:07:52 PM |
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If you have invested in the past when the price was too low then you have already made some good profits by now and if you want to make good profits in future then you can afford to buy them even at present as price in long run will be definitely go higher so I don't there is too high risk in investing in bitcoins.
With respect to current low price of bitcoin, I am also planning to go bitcoins with all my other investment as I am believing this would be the right time to buy more number of bitcoins so that I could make good profits in quick time itself. As per the technical analysis of many trading houses, bitcoin will bounce back very quickly toward $1500 price levels. So making quick profits would be the possibility I'm aiming now with all my funds into bitcoins. $1500 is the price expected to reach in the end of the year and waiting till for next couple of months for making huge profits is not a big deal and everyone would be willing to wait till that time if its giving them huge profits so if you believe that price can reach there then I think you should start buying bitcoins now.
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xIIImaL
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March 26, 2017, 04:15:20 PM |
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If you have invested in the past when the price was too low then you have already made some good profits by now and if you want to make good profits in future then you can afford to buy them even at present as price in long run will be definitely go higher so I don't there is too high risk in investing in bitcoins.
With respect to current low price of bitcoin, I am also planning to go bitcoins with all my other investment as I am believing this would be the right time to buy more number of bitcoins so that I could make good profits in quick time itself. As per the technical analysis of many trading houses, bitcoin will bounce back very quickly toward $1500 price levels. So making quick profits would be the possibility I'm aiming now with all my funds into bitcoins. Yeah value of bitcoin is low and we buy and make a profit in futurw, if we hold it some time. If you involves in trading you can invest in some your Fiat and buy it as much you can from the local traders or in online. Still not understand why price is fluctuatation now
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TribalBob
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March 26, 2017, 05:14:49 PM |
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If you have invested in the past when the price was too low then you have already made some good profits by now and if you want to make good profits in future then you can afford to buy them even at present as price in long run will be definitely go higher so I don't there is too high risk in investing in bitcoins.
With respect to current low price of bitcoin, I am also planning to go bitcoins with all my other investment as I am believing this would be the right time to buy more number of bitcoins so that I could make good profits in quick time itself. As per the technical analysis of many trading houses, bitcoin will bounce back very quickly toward $1500 price levels. So making quick profits would be the possibility I'm aiming now with all my funds into bitcoins. Yeah value of bitcoin is low and we buy and make a profit in futurw, if we hold it some time. If you involves in trading you can invest in some your Fiat and buy it as much you can from the local traders or in online. Still not understand why price is fluctuatation now Buying bitcoins is a good decision to make right now as price is still comparatively lower in compare to the past few weeks and it has started to move up slowly so if the trend continues then we may see price getting back to $1200 in next few weeks and that would be a good price to sell bitcoins.
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dothebeats
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March 26, 2017, 05:17:35 PM |
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Right now, I have placed a few bitcoins in some pretty good coins that I see. ETH is one of them and I plan to do this up until a hard fork occurs, just to maintain some value and appreciate/get profits in the next coming months. I still remain long for bitcoin though.
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kryptqnick
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March 26, 2017, 07:32:55 PM |
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If you have invested in the past when the price was too low then you have already made some good profits by now and if you want to make good profits in future then you can afford to buy them even at present as price in long run will be definitely go higher so I don't there is too high risk in investing in bitcoins.
With respect to current low price of bitcoin, I am also planning to go bitcoins with all my other investment as I am believing this would be the right time to buy more number of bitcoins so that I could make good profits in quick time itself. As per the technical analysis of many trading houses, bitcoin will bounce back very quickly toward $1500 price levels. So making quick profits would be the possibility I'm aiming now with all my funds into bitcoins. I think now is a very bad time to invest in bitcoin since hard fork is likely to happen. I suggest you wait till the huge risk is gone and then behave according to what has happened. I'd rather hold my money in USD and wait till the situation clears up before deciding in which coin to invest money. Or you may try some alts now (Ripple coin, for example). But don't buy btc now!
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ahmia39
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March 26, 2017, 07:43:43 PM |
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I do not put or invest all my money in bitcoin.
Only a few percent, and it was as a reserve fund for the purchase associated with the online world.
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Question123
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March 26, 2017, 08:21:42 PM |
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I do not put or invest all my money in bitcoin.
Only a few percent, and it was as a reserve fund for the purchase associated with the online world.
Agree I also do not invest all my money in bitcoin why I do that? Because if invest all my money in bitcoin and bitcoin price start to dump my money also decrease what if bitcoin become dead my money also dead. So I dont recommend to invest all. JUST MAKE YOU HAVE REMAIN MONEY FOR THE PLAN B or backup. My other money is for several purposes.
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cyclotronmajesty
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March 26, 2017, 08:37:49 PM |
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Right now, I have placed a few bitcoins in some pretty good coins that I see. ETH is one of them and I plan to do this up until a hard fork occurs, just to maintain some value and appreciate/get profits in the next coming months. I still remain long for bitcoin though.
ETH seems to be good at a moment for making an investment but if we talk about the long run then Bitcoin will always win the race but I believe this the best time to move some of our funds in altcoin market as its growing like anything and many people have made some huge profits in recent past few weeks by investing into altcoins.
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richardsNY
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March 26, 2017, 09:08:25 PM |
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Right now, I have placed a few bitcoins in some pretty good coins that I see. ETH is one of them and I plan to do this up until a hard fork occurs, just to maintain some value and appreciate/get profits in the next coming months. I still remain long for bitcoin though.
Right now as in you bought yourself a position into Ethereum at a price of around $50? I can understand that you are looking to hedge Bitcoin, but Ethereum at current prices is a risk too extreme from my point of view. I am not into altcoins, but I would rather go for Litecoin as this coin has more or less remained fairly stable. No pumps thus far as is the case with Ethereum and Dash.
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BitDane
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March 26, 2017, 10:29:52 PM |
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I do not place all my fund into Bitcoin. I have a habit of diverting my funds to different investment/market since I believe not to put all my eggs in one basket. It is quite need an extra effort but we can be assure that if something wrong with Bitcoin, it won't eat all our funds.
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llanillo
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March 27, 2017, 02:16:04 AM |
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I do not place all my fund into Bitcoin. I have a habit of diverting my funds to different investment/market since I believe not to put all my eggs in one basket. It is quite need an extra effort but we can be assure that if something wrong with Bitcoin, it won't eat all our funds.
That is a smart strategy that every investor should follow as if you put all your money at single place and if that investment fails then you loose all money in one shot but if you have diversified your portfolio then you can expect profits from other investments even if one fails.
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batang_bitcoin
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March 27, 2017, 02:52:28 AM |
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What I meant is that they are talking about that the risk is not going to give me profit. Just think about it, when someone introduce me to bitcoin at $400 and now the price is $980+ and it went $1,300+ already. So if I did believe to them probably my money did doubled or even tripled but well if there's no risk, no gain.
If you have invested in the past when the price was too low then you have already made some good profits by now and if you want to make good profits in future then you can afford to buy them even at present as price in long run will be definitely go higher so I don't there is too high risk in investing in bitcoins. I haven't said that I invested in the past when the price of bitcoin is still low but I said that someone introduce me way back then. But many are saying and discouraging me not to do this type of risking everything I've got in bitcoin because they don't believe in bitcoin's fast progress though they know what bitcoin really is.
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Rent this sig space so that BTC goes to $100k.
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LimLims
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March 27, 2017, 03:29:53 AM |
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Investing all money only in bitcoins is really risky decision to make as we are not sure what will be the price of bitcoin in future either it will go higher or lower and if goes downwards then it will be a big loss for us so its always good to put only a small part of your wealth in bitcoins.
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justdimin
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March 27, 2017, 07:16:52 AM |
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I do not place all my fund into Bitcoin. I have a habit of diverting my funds to different investment/market since I believe not to put all my eggs in one basket. It is quite need an extra effort but we can be assure that if something wrong with Bitcoin, it won't eat all our funds.
I agree, you should not focus on one market because one market could fail and then you will lose all your funds, try to diversify and invest into more markets to ensure profit from everywhere, and the best one for us here is the altcoin market, investing in alt coins could turn out to be a good profit when the price of the bitcoin goes down.
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grandy
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March 27, 2017, 12:20:04 PM |
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I do not place all my fund into Bitcoin. I have a habit of diverting my funds to different investment/market since I believe not to put all my eggs in one basket. It is quite need an extra effort but we can be assure that if something wrong with Bitcoin, it won't eat all our funds.
I agree, you should not focus on one market because one market could fail and then you will lose all your funds, try to diversify and invest into more markets to ensure profit from everywhere, and the best one for us here is the alt coin market, investing in alt coins could turn out to be a good profit when the price of the bitcoin goes down. yes that is right to say as investing all your money in one place is a foolish decision, you need to distribute your money in different places so as to reduce the risk of losing all your money in one time.
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Soul Reaper
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March 27, 2017, 01:03:16 PM |
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No I did not place all my funds Into bitcoin. See investment is a really great thing to do, But I won't suggest you to invest your entire capital into bitcoin. See until you don't want to take a big risk and just earn small amount of money via BTC , Then you should invest only that much whose loss you can bear. So I don't suggest you to invest all your money inBTC until you don't want to take a big risk. But taking risk also might yield you bad results too.
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senyorito123
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March 27, 2017, 01:14:50 PM Last edit: March 27, 2017, 01:51:10 PM by senyorito123 |
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I do not place all my fund into Bitcoin. I have a habit of diverting my funds to different investment/market since I believe not to put all my eggs in one basket. It is quite need an extra effort but we can be assure that if something wrong with Bitcoin, it won't eat all our funds.
I agree, you should not focus on one market because one market could fail and then you will lose all your funds, try to diversify and invest into more markets to ensure profit from everywhere, and the best one for us here is the alt coin market, investing in alt coins could turn out to be a good profit when the price of the bitcoin goes down. yes that is right to say as investing all your money in one place is a foolish decision, you need to distribute your money in different places so as to reduce the risk of losing all your money in one time. Fairly good and that would be the nicest idea for people to bare since if they really think smart for their money surely they can minimize their losses. But the hardest part their is to find on what investment type is legit to trust for since we are in anon world. And we should be more aware of scams since almost all of existing for now is running as ponzi scheme system.
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MyIdeas
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March 27, 2017, 03:33:26 PM |
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Right now, I have placed a few bitcoins in some pretty good coins that I see. ETH is one of them and I plan to do this up until a hard fork occurs, just to maintain some value and appreciate/get profits in the next coming months. I still remain long for bitcoin though.
ETH is a good coin to invest in for getting the profit but it is risky to put our all money in that coin just like we do in bitcoin because ETH is not a strong based currency like bitcoin. Bitcoin have many services and many people have adopted it which is the support for it and ETH is with lesser services.
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