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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
richardsNY
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April 13, 2017, 09:22:00 PM
 #341

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 not a good a idea to put all your fund or money in to bitcoin, Though I know its growing but now a little bit dropped at 1100$ something. It could be the good and best way to apply it if bitcoin has already a fixed and stable price value, but as long as there is a volatility happening its advisable I think in my perception.

Bitcoin will never experience any sort of fixed price/value as it is basically a free market. If you look at other assets, then there is no such a thing with a fixed or total form of stability. Supply and demand is a basic thing that applies to everything in the world that has a certain value. Other than that, regardless of the type of investment, people should never go all in. It's common sense for most people, but it's still important to mention as not everyone has the ability to use common sense....
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April 13, 2017, 09:30:45 PM
 #342

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.. ?
Don't waste your money with bitcoin always saved atleaast for some emergency don't put all yes it is good to convert money into bitcoin but not all there are some important things that we need to fixed than this there are chance that you could lose your bitcoin when you don't know what you've doing about it it really risk for you but when deposit atlest little and atleast learn more about trading and other things maybe you can do that soon/
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April 13, 2017, 10:53:46 PM
 #343

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 not a good a idea to put all your fund or money in to bitcoin, Though I know its growing but now a little bit dropped at 1100$ something. It could be the good and best way to apply it if bitcoin has already a fixed and stable price value, but as long as there is a volatility happening its advisable I think in my perception.

Bitcoin will never experience any sort of fixed price/value as it is basically a free market. If you look at other assets, then there is no such a thing with a fixed or total form of stability. Supply and demand is a basic thing that applies to everything in the world that has a certain value. Other than that, regardless of the type of investment, people should never go all in. It's common sense for most people, but it's still important to mention as not everyone has the ability to use common sense....
never say never , some people maybe have different point of view about go all in and take that risk responsibly. you may can just encourage people like this 'better to not go all in' , the risk are real there when you go allin and the value dropped down to over 50% or so you would suffering a heavy lost , but when bitcoin going up to 10000% just like if you go allin bought bitcoin in the first days where the price $1 only , what would happened to you now? risk are just risk , take it or get nothing.

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richardsNY
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April 13, 2017, 11:52:31 PM
 #344

never say never , some people maybe have different point of view about go all in and take that risk responsibly. you may can just encourage people like this 'better to not go all in' , the risk are real there when you go allin and the value dropped down to over 50% or so you would suffering a heavy lost , but when bitcoin going up to 10000% just like if you go allin bought bitcoin in the first days where the price $1 only , what would happened to you now? risk are just risk , take it or get nothing.

Nothing wrong with different opinions, but I am sure that the far majority of the people agree with the fact that going all in is not a smart thing to do (nicely said). Other than that, your given example shows that you are cherry picking. You can't really keep bringing back up the old argument of people that bought at $1, and kept holding till now. Times are different now, more money is on the line, this whole market is in a different state, etc.
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April 14, 2017, 12:49:57 AM
 #345

I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer.
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April 14, 2017, 02:42:07 AM
 #346

I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer.
It is a high risk involved investment than other investments that's available. At the same it gives a better profit than the common schemes due to the successful growth happening depending upon the mass adoption and the way it's​moved forward in relation to the technology updation.

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poetra2501
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April 14, 2017, 03:04:49 AM
 #347

I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer.
It is a high risk involved investment than other investments that's available. At the same it gives a better profit than the common schemes due to the successful growth happening depending upon the mass adoption and the way it's​moved forward in relation to the technology updation.
All investments are also have risky, Yeah I agree with you that invest
into Bitcoin is very high risky. But don't forget, Investing in Bitcoin also can make
us get high profit without doing anything. Buy at a cheap price then hold for next year.
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April 14, 2017, 03:24:22 AM
 #348

I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer.
It is a high risk involved investment than other investments that's available. At the same it gives a better profit than the common schemes due to the successful growth happening depending upon the mass adoption and the way it'smoved forward in relation to the technology updation.
All investments are also have risky, Yeah I agree with you that invest
into Bitcoin is very high risky. But don't forget, Investing in Bitcoin also can make
us get high profit without doing anything. Buy at a cheap price then hold for next year.
It does have the risk, almost everything does. Whether we are going on a trip, investing in some property, buying some stocks, selling a book, etc. Everything has risk, it's your decision in what you invest in. That's what going to make or break you. Right now, you are not going to be able to buy at a cheap price anymore.

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alexsandria
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April 14, 2017, 04:38:34 AM
 #349

I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer.
It is a high risk involved investment than other investments that's available. At the same it gives a better profit than the common schemes due to the successful growth happening depending upon the mass adoption and the way it'smoved forward in relation to the technology updation.
All investments are also have risky, Yeah I agree with you that invest
into Bitcoin is very high risky. But don't forget, Investing in Bitcoin also can make
us get high profit without doing anything. Buy at a cheap price then hold for next year.
It does have the risk, almost everything does. Whether we are going on a trip, investing in some property, buying some stocks, selling a book, etc. Everything has risk, it's your decision in what you invest in. That's what going to make or break you. Right now, you are not going to be able to buy at a cheap price anymore.
Of course everything has a risk. However, as a smart investor you shouldn't be frighten of investing since it's better to lose money rather than not trying at all. You can't be successful if you do not pursue on something you know you can do.

SHAWN-MIDWAYS
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April 14, 2017, 06:00:51 AM
 #350

I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer.
It is a high risk involved investment than other investments that's available. At the same it gives a better profit than the common schemes due to the successful growth happening depending upon the mass adoption and the way it's​moved forward in relation to the technology updation.
All investments are also have risky, Yeah I agree with you that invest
into Bitcoin is very high risky. But don't forget, Investing in Bitcoin also can make
us get high profit without doing anything. Buy at a cheap price then hold for next year.
the long term hold is no longer as profitable as it was a few years back
if you looking for profit maybe short term investments can reward one handsomely if done correctly and will be less risky as compared to long term holding which has many unforeseen circumstances.
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April 14, 2017, 09:15:35 AM
 #351

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.. ?
First you should know is always learn about the risk not only in Bitcoin but in all investment you want to join, if you ready to take the risk now is in your hand, when you have Bitcoin you should learn about the security too and read the news about Bitcoin everyday so you can know about the price when up or down.

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April 14, 2017, 11:36:09 PM
Last edit: April 18, 2017, 09:56:51 PM by Silberman
 #352

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, it seems to be a bad idea to put all your money in  a single market, the best thing to do is to diversify your investments that way if one of your assets in your portfolio is losing money most likely another part of your portfolio is earning money and balancing your earnings and losses.
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April 15, 2017, 10:37:44 PM
 #353

I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer.
It is a high risk involved investment than other investments that's available. At the same it gives a better profit than the common schemes due to the successful growth happening depending upon the mass adoption and the way it's​moved forward in relation to the technology updation.
All investments are also have risky, Yeah I agree with you that invest
into Bitcoin is very high risky. But don't forget, Investing in Bitcoin also can make
us get high profit without doing anything. Buy at a cheap price then hold for next year.
the long term hold is no longer as profitable as it was a few years back
if you looking for profit maybe short term investments can reward one handsomely if done correctly and will be less risky as compared to long term holding which has many unforeseen circumstances.
no doubt that long term holding is a good way of making money, but to me i think if you are going for long term investment then you need to invest a good amount of bitcoin so that after a long time you can get a good profit.
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April 15, 2017, 10:51:55 PM
 #354

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, it seems to be a bad idea to put all your money in  a single market, the best thing to do is to diversify tour investments that way if one of your assets in your portfolio is losing money most likely another part of your portfolio is earning money and balancing your earnings and losses.
Now it is the time of bitcoin and the investment of bitcoin is giving a huge profit and everyone is sure that with investment in bitcoin there is no any lose so why will a person invest in any other thing which will not give that much income which bitcoin is giving. Everyone will definitely invest in bitcoin.
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April 15, 2017, 11:59:26 PM
 #355

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.. ?
Don't waste your money with bitcoin always saved atleaast for some emergency don't put all yes it is good to convert money into bitcoin but not all there are some important things that we need to fixed than this there are chance that you could lose your bitcoin when you don't know what you've doing about it it really risk for you but when deposit atlest little and atleast learn more about trading and other things maybe you can do that soon/
to me i think investment in bitcoin is not the wasting of time. i think investment in bitcoin is more profitable as compare to any other format of trading or investment, and therefore i have invested a good amount of my assets in bitcoin, although i also saved some money for emergency purposes, but have invested the rest of my income in trading alt coin.
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April 16, 2017, 07:56:47 PM
 #356

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 not a good a idea to put all your fund or money in to bitcoin, Though I know its growing but now a little bit dropped at 1100$ something. It could be the good and best way to apply it if bitcoin has already a fixed and stable price value, but as long as there is a volatility happening its advisable I think in my perception.
Actually placing all the money in bitcoins or anything is very dangerous not because the price might drop for that asset but more because since you have placed all your wealth in the asset you would always be too worried, and with things like bitcoins the price swings 100-200$ very easily and you can't even complain since its normal.

One all the money is placed you will get too panicked and really will sell it much below what you would normally sell at.

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April 16, 2017, 08:34:20 PM
 #357

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 not a good a idea to put all your fund or money in to bitcoin, Though I know its growing but now a little bit dropped at 1100$ something. It could be the good and best way to apply it if bitcoin has already a fixed and stable price value, but as long as there is a volatility happening its advisable I think in my perception.
Actually placing all the money in bitcoins or anything is very dangerous not because the price might drop for that asset but more because since you have placed all your wealth in the asset you would always be too worried, and with things like bitcoins the price swings 100-200$ very easily and you can't even complain since its normal.

One all the money is placed you will get too panicked and really will sell it much below what you would normally sell at.

That's why diversity is a great way to minimize the risks that is accompanied with your investments. If one investment fails you still have other investments to rely in. In that case you will be decreasing the risk of you losing it all and potentially gain something more if one of your investments starts performing really well.

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April 16, 2017, 11:47:16 PM
 #358

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 not a good a idea to put all your fund or money in to bitcoin, Though I know its growing but now a little bit dropped at 1100$ something. It could be the good and best way to apply it if bitcoin has already a fixed and stable price value, but as long as there is a volatility happening its advisable I think in my perception.
Actually placing all the money in bitcoins or anything is very dangerous not because the price might drop for that asset but more because since you have placed all your wealth in the asset you would always be too worried, and with things like bitcoins the price swings 100-200$ very easily and you can't even complain since its normal.

One all the money is placed you will get too panicked and really will sell it much below what you would normally sell at.

That's why diversity is a great way to minimize the risks that is accompanied with your investments. If one investment fails you still have other investments to rely in. In that case you will be decreasing the risk of you losing it all and potentially gain something more if one of your investments starts performing really well.
Yes diversifying our capital in different investments is necessary in order to get a steady and continuous income from our money because if we are new to investment then it will happen to us that some investment will come beneficial and some may fail because of lack of knowledge and experience.
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April 17, 2017, 10:12:23 AM
 #359

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 not a good a idea to put all your fund or money in to bitcoin, Though I know its growing but now a little bit dropped at 1100$ something. It could be the good and best way to apply it if bitcoin has already a fixed and stable price value, but as long as there is a volatility happening its advisable I think in my perception.
Actually placing all the money in bitcoins or anything is very dangerous not because the price might drop for that asset but more because since you have placed all your wealth in the asset you would always be too worried, and with things like bitcoins the price swings 100-200$ very easily and you can't even complain since its normal.

One all the money is placed you will get too panicked and really will sell it much below what you would normally sell at.

That's why diversity is a great way to minimize the risks that is accompanied with your investments. If one investment fails you still have other investments to rely in. In that case you will be decreasing the risk of you losing it all and potentially gain something more if one of your investments starts performing really well.
Yes diversifying our capital in different investments is necessary in order to get a steady and continuous income from our money because if we are new to investment then it will happen to us that some investment will come beneficial and some may fail because of lack of knowledge and experience.
Yup we had an example of this topic, one guy is invested his 5 BTC amount in 4 different websites. And he keeps on changing his capital to one site to another based on the site profit. In this, if one site does not perform well and another site made a good profit it is manageable. But if we put all our money in the single site it is a big risk for investors. And yes here we need more knowledge on market and casino sites.
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April 17, 2017, 10:51:35 AM
 #360

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 not a good a idea to put all your fund or money in to bitcoin, Though I know its growing but now a little bit dropped at 1100$ something. It could be the good and best way to apply it if bitcoin has already a fixed and stable price value, but as long as there is a volatility happening its advisable I think in my perception.
Actually placing all the money in bitcoins or anything is very dangerous not because the price might drop for that asset but more because since you have placed all your wealth in the asset you would always be too worried, and with things like bitcoins the price swings 100-200$ very easily and you can't even complain since its normal.

One all the money is placed you will get too panicked and really will sell it much below what you would normally sell at.

That's why diversity is a great way to minimize the risks that is accompanied with your investments. If one investment fails you still have other investments to rely in. In that case you will be decreasing the risk of you losing it all and potentially gain something more if one of your investments starts performing really well.
Yes diversifying our capital in different investments is necessary in order to get a steady and continuous income from our money because if we are new to investment then it will happen to us that some investment will come beneficial and some may fail because of lack of knowledge and experience.
Yup we had an example of this topic, one guy is invested his 5 BTC amount in 4 different websites. And he keeps on changing his capital to one site to another based on the site profit. In this, if one site does not perform well and another site made a good profit it is manageable. But if we put all our money in the single site it is a big risk for investors. And yes here we need more knowledge on market and casino sites.

Very cleverly did. In addition to the availability of funds for investment, you still need to really carefully study information about sites in which to invest money and keep a constant record of profits.
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