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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
dearbesz1219
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April 01, 2017, 03:35:18 PM
 #241

Putting all your liquid funds into BTC is a surefire way to totally screw yourself over, and would put you in the bracket of "high risk" investors. I suggest you diversify instead of doing this...

I do believed bitcoin is the perfect investment that I can considered nowadays, but despite of that things even I knew bitcoin has a brighter future for now I won't place all my fund into bitcoin, it is because usd still the main currency now that's the real talk at the present its okay if bitcoin is the main but the truth now is not.
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April 01, 2017, 08:46:10 PM
 #242

Putting all your liquid funds into BTC is a surefire way to totally screw yourself over, and would put you in the bracket of "high risk" investors. I suggest you diversify instead of doing this...

I do believed bitcoin is the perfect investment that I can considered nowadays, but despite of that things even I knew bitcoin has a brighter future for now I won't place all my fund into bitcoin, it is because usd still the main currency now that's the real talk at the present its okay if bitcoin is the main but the truth now is not.
yeah bitcoin is really a great investment nowadays and nowadays a lot of people are going to invest their money in huge in bitcoin because bitcoin price is very much good.
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April 01, 2017, 09:24:28 PM
 #243

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, i didn't. In fact, it would be very stupid idea if you did that, because it is very risky. I never put more than 40% of money i trade with into bitcoins, as i trade with etherium and fiat curencies too, so if i did put everything i have into bicoin, and for example it crashed, i would end up in big trouble

 
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April 01, 2017, 10:32:14 PM
 #244

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, i didn't. In fact, it would be very stupid idea if you did that, because it is very risky. I never put more than 40% of money i trade with into bitcoins, as i trade with etherium and fiat curencies too, so if i did put everything i have into bicoin, and for example it crashed, i would end up in big trouble

Ok, you have 40% of your capital in Bitcoin where you happen to trade Ethereum and other currencies as well -- what's your wealth-investment ratio in its entirety? I personally consider a 50/50% ratio to be somewhat of an ultimate max. If I look at my holdings in its entirety, then I sit at ~45% fiat and ~55% Bitcoin (Bitcoin is my only investment). Reason for the Bitcoin ratio to be on the higher side comes from the price that has gone up considerably in value over the last 6-7 months.
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April 01, 2017, 11:12:05 PM
 #245

Of course no, It's too risky to change all your fund to bitcoin because the price can decrease when you do that. As result you can lose a lot of money.
For me i exchange a part of my money to bitcoin. I will invest here and holding my bitcoin. I think the price will go up in the near future.

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April 02, 2017, 01:55:27 AM
 #246

Of course no, It's too risky to change all your fund to bitcoin because the price can decrease when you do that. As result you can lose a lot of money.
For me i exchange a part of my money to bitcoin. I will invest here and holding my bitcoin. I think the price will go up in the near future.
Its really risky for you to put your all assets or money into bitcoin and as you said price might decrease anytime soon which means the risk of lossing out big money would be there and when that happens then its really hard to recover easily since you put all your funds into bitcoin.Its not bad to invest but be sure to put up the money that you can afford to lose.

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April 02, 2017, 01:57:36 AM
 #247

Putting all your money in bitcoin is a really innovative idea, though it is really risky especially bitcoin is really volatile. It changes it's price every minute, making it really hard to deal with. I do not prefer to put all your money to bitcoin, invest it on other things, not just bitcoin, maybe business investments.
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April 02, 2017, 07:24:14 AM
 #248

Putting all your liquid funds into BTC is a surefire way to totally screw yourself over, and would put you in the bracket of "high risk" investors. I suggest you diversify instead of doing this...

I do believed bitcoin is the perfect investment that I can considered nowadays, but despite of that things even I knew bitcoin has a brighter future for now I won't place all my fund into bitcoin, it is because usd still the main currency now that's the real talk at the present its okay if bitcoin is the main but the truth now is not.
Let’s face it bitcoin is not and will never be a main currency at least with its current state, the bitcoin can’t be used by all of the world, that is why it will become more of a rare thing like gold, people already treat it that way they buy it and save it like it is some sort of a collectable.

Even though this might be the case but the good thing is that the price is going to keep on rising either way, but placing all of your life savings on it is a stupid idea.
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April 02, 2017, 10:52:52 AM
 #249

Putting all your liquid funds into BTC is a surefire way to totally screw yourself over, and would put you in the bracket of "high risk" investors. I suggest you diversify instead of doing this...

I do believed bitcoin is the perfect investment that I can considered nowadays, but despite of that things even I knew bitcoin has a brighter future for now I won't place all my fund into bitcoin, it is because usd still the main currency now that's the real talk at the present its okay if bitcoin is the main but the truth now is not.
Let’s face it bitcoin is not and will never be a main currency at least with its current state, the bitcoin can’t be used by all of the world, that is why it will become more of a rare thing like gold, people already treat it that way they buy it and save it like it is some sort of a collectable.

Even though this might be the case but the good thing is that the price is going to keep on rising either way, but placing all of your life savings on it is a stupid idea.
Bitcoin will probably never be the main currency and rather the blockchain will be utilised by banks in a way that they control (as most people are not "alternative" enough to put all of their money into Bitcoin, even me included).

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April 02, 2017, 10:55:39 AM
 #250

Putting all your money in bitcoin is a really innovative idea, though it is really risky especially bitcoin is really volatile. It changes it's price every minute, making it really hard to deal with. I do not prefer to put all your money to bitcoin, invest it on other things, not just bitcoin, maybe business investments.
I prefer to save 50% of the money I had. I think if storing everything then it would be very risky. we will have difficulty if bad things happen to bitcoin. it is better to keep the beginning compared to the difficulties in the future.
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April 02, 2017, 11:41:54 AM
 #251

Majority of my funds stays in bitcoin, while the rest goes to my spending money and the mini store that I have put up here in our own place. Bitcoin still has a large potential to make it big in the next coming years though the short-term future is still shaky right now but somehow we will come out with a rather feasible and okay long-term solution.

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April 02, 2017, 01:00:27 PM
 #252

Putting all your money in bitcoin is a really innovative idea, though it is really risky especially bitcoin is really volatile. It changes it's price every minute, making it really hard to deal with. I do not prefer to put all your money to bitcoin, invest it on other things, not just bitcoin, maybe business investments.
I prefer to save 50% of the money I had. I think if storing everything then it would be very risky. we will have difficulty if bad things happen to bitcoin. it is better to keep the beginning compared to the difficulties in the future.
I am planning to save them all, though I can't help to get some from it to pay some of my bills and buy load for my internet, somtimes I use it to buy something that I like, like headphone, Shirts, shoes and even food. Though I am not using bitclin directly, I convert it first. And I agree with you that if we save it all, it may really be bad if the price go down, it will affect all of it. And that will be the worst to happen to me so I need to avoid that from happenning.

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April 02, 2017, 10:23:45 PM
 #253

Putting all your money in bitcoin is a really innovative idea, though it is really risky especially bitcoin is really volatile. It changes it's price every minute, making it really hard to deal with. I do not prefer to put all your money to bitcoin, invest it on other things, not just bitcoin, maybe business investments.
I prefer to save 50% of the money I had. I think if storing everything then it would be very risky. we will have difficulty if bad things happen to bitcoin. it is better to keep the beginning compared to the difficulties in the future.

That's right its good to put only that amount of money in bitcoins that we can afford to loose no doubt the future of bitcoins looks promising but we cannot afford to take risk of putting all our money into as anything is possible in future and if anything goes wrong then we will be loosing all our money.
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April 02, 2017, 10:50:37 PM
 #254

Nope. No way. Absolutely not.  Grin I may put about 1/3 of my free money, that's my limit and even with just that, there's no way I could be calm about it.
I do wish I'd  put it all in Bitcoin back in 2010 but, nah there's just no way I'd ever do that. Not a chance.

Why? I put all my money in it and somehow it crashes, I'd lose it all. I put half of my money in it, and it doubles/triples/whatever, then I'd still have earnings. I'm fine with nice, steady, extra income. ^^

It means that you do not have any believe on bitcoin that is why you are that much fearful from putting your money in bitcoin. The expert in bitcoin will like to put their money in bitcoin because the have strong faith on its success.
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April 02, 2017, 11:56:47 PM
 #255

Nope. No way. Absolutely not.  Grin I may put about 1/3 of my free money, that's my limit and even with just that, there's no way I could be calm about it.
I do wish I'd  put it all in Bitcoin back in 2010 but, nah there's just no way I'd ever do that. Not a chance.

Why? I put all my money in it and somehow it crashes, I'd lose it all. I put half of my money in it, and it doubles/triples/whatever, then I'd still have earnings. I'm fine with nice, steady, extra income. ^^

It means that you do not have any believe on bitcoin that is why you are that much fearful from putting your money in bitcoin. The expert in bitcoin will like to put their money in bitcoin because the have strong faith on its success.

Nothing is guaranteed in long term and bitcoin can even disappear in future and I think there will be very few people who will take risk of investing all their money in bitcoins as they are aware about the uncertainty attached with the future of bitcoins so its better to invest only a part of your wealth in bitcoin to avoid huge risk in future.
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April 03, 2017, 12:55:11 AM
 #256

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.
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April 03, 2017, 02:00:11 AM
 #257

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

That's the right thing to do diversify your investments to reduce the risk and if you are putting your money at a single place then it will bring huge risk with it and diversification will help you in making profits in multiple ways.

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April 03, 2017, 02:29:37 AM
 #258

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

this is what i am do with my bitcoin and it seems with diversified in various altcoin, we can have opportunity to earn more bitcoin because there is many altcoin that getting pump in just one night like ripple that already did. this mean is if we are join in the party then we can made a big profit and finally our bitcoin will be increase too.

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April 03, 2017, 02:47:11 AM
 #259

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

this is what i am do with my bitcoin and it seems with diversified in various altcoin, we can have opportunity to earn more bitcoin because there is many altcoin that getting pump in just one night like ripple that already did. this mean is if we are join in the party then we can made a big profit and finally our bitcoin will be increase too.

Yup atlcoin market is moving like a crazy at a moment so the people who have invested their money in it in past few weeks would be enjoying great profits at a moment so its good to identify potential altcoins and diversify our investments into it.
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April 03, 2017, 03:28:26 AM
 #260

I keep my bitcoin diversified in various Altcoin.I have invested in Ark,Wings and Icn and I hope they would give me good return.

this is what i am do with my bitcoin and it seems with diversified in various altcoin, we can have opportunity to earn more bitcoin because there is many altcoin that getting pump in just one night like ripple that already did. this mean is if we are join in the party then we can made a big profit and finally our bitcoin will be increase too.

Yup atlcoin market is moving like a crazy at a moment so the people who have invested their money in it in past few weeks would be enjoying great profits at a moment so its good to identify potential altcoins and diversify our investments into it.
Yes that is right, the altcoin market now is moving crazy and it is unpredictable for who will be next coin in the pump party. I already get a lot of profit from the altcoins since i'm more into altcoin trading rather than bitcoin trading because it is more affordable and easy to trade because there is a lot of coin to choose from. I already made at least 3 btc profit in eth,dash and now i'm just waiting for the ripple.
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