Silberman
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April 18, 2017, 09:58:53 PM Last edit: April 20, 2017, 01:20:58 AM by Silberman |
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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. You could invest in altcoins too, while there is a lot more risk in the altcoin market the rewards are worth it for those that know what altcoin to get and hold and the best thing is that the rewards can be way higher than in bitcoin, and that is for me a reason enough to not put all your eggs in a single basket.
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Rahar02
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April 18, 2017, 11:51:36 PM |
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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.
Of course, remember the main rule of investment ; do not put all eggs in one basket. Because if it doesn't works, your heart will crash hardly. I don't put all of my funds on bitcoin instead divide into ; 35% cash and 65: bitcoin. Well, bitcoin still become the best way to saving in my opinion due to it grows over time, not like fiat money which the value decrease due to inflation.
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bamboylee
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April 19, 2017, 12:50:43 AM |
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Definitely not a good idea. It is a wrong move to put all your money on a single investment no matter how tempting it is. You should always diversify your investments. The more diversified it is, the lesser chance you'll go bankrupt.
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Reid
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April 19, 2017, 12:58:28 AM |
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It is not being responsible in my opinion if you can put all your funds in bitcoinbor any other investment. Risking everything without anything left for one person's own needs is like betting all in a gambling game. The only difference is it will just take longer with investments. Never going to do that.
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batang_bitcoin
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April 19, 2017, 01:07:18 AM |
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Definitely not a good idea. It is a wrong move to put all your money on a single investment no matter how tempting it is. You should always diversify your investments. The more diversified it is, the lesser chance you'll go bankrupt.
Right now it is quite risky but if you are going to do this with the starting days of bitcoin and you believed on it already. That will be a good idea to get into it because you might become very rich right now. Just like what other investors did, they allocated big amount of their fund to bitcoin and maybe some all what they got.
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Rent this sig space so that BTC goes to $100k.
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shone08
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April 19, 2017, 01:47:24 AM |
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Definitely No I'm New in bitcoinworld thats why I put only 5 to 10% of my profit , because its risky if you place all your fund in bitcoin. Like what above said, think before you do. No one will know or predict what will happen next in bitcoin. For now its not a Good Idea to place all your fund in any investment.
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Silberman
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April 20, 2017, 01:23:00 AM |
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Definitely not a good idea. It is a wrong move to put all your money on a single investment no matter how tempting it is. You should always diversify your investments. The more diversified it is, the lesser chance you'll go bankrupt.
He could always correct the mistake by selling some of his funds for a gain and keep it in fiat or to invest it in something else or he could save more money and then use this new money to invest in other things.
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MoneyIsDebt
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April 20, 2017, 05:39:44 AM |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Off course not. Placing all of your funds in anything is a stupidest idea ever. It is always said "You shouldn't invest more than what you can afford to lose." i think right now it is a right decision to put all your money in bitcoin because it is expected to rise its price upto 2000$ till the end of this month or the start of next month or if you have a good amount of btc in your wallet so, keeps them in that and wait for the right time. i think you will not regret your decission.
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nasipadang
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April 20, 2017, 05:54:28 AM |
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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.. ?
Cryptocurrency is very risky it's better not to invest all your money because bitcoin unstable and now the problem of bitcoin about the transaction cost and confirmation decrease user interest and switch to altcoin
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Lacander
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April 20, 2017, 07:56:02 AM |
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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.. ?
Cryptocurrency is very risky it's better not to invest all your money because bitcoin unstable and now the problem of bitcoin about the transaction cost and confirmation decrease user interest and switch to altcoin Completely on altcoin it is not necessary to switch, because it is a unreliable and unstable currency. For a change you can play a little, but all the money should not be invested.
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iMaster
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April 20, 2017, 06:51:52 PM |
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Its either both ways, good and too risky.If you saw that it would make you rich in the future then do as you pleased but remember always the risk involved on it because we know price of bitcoin is too volatile and maybe someday it would crash and make you got broke since you put all of your money in bitcoin,and if the thing would comes to your plan then its a huge success.
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amaral1977
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April 20, 2017, 08:52:00 PM |
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Its always good to divide your funds into smaller baskets. only invest/trade or gamble what you can afford to loose. From that ammount put a bigger share in less risky stuff. IMO Bitcoin is less risky than alts so i would put a bigger part in BTC, and a smaller part in alts.
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Silberman
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April 21, 2017, 12:45:37 AM |
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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.. ?
Off course not. Placing all of your funds in anything is a stupidest idea ever. It is always said "You shouldn't invest more than what you can afford to lose." i think right now it is a right decision to put all your money in bitcoin because it is expected to rise its price upto 2000$ till the end of this month or the start of next month or if you have a good amount of btc in your wallet so, keeps them in that and wait for the right time. i think you will not regret your decission. There is not a reason to think bitcoin will go that high in fact I think we are going to see a small loss of value as segwit is activated on LTC and some of the money invested in bitcoin goes to LTC that could be a good opportunity to buy some bitcoin.
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rhamzter
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April 21, 2017, 01:03:07 AM |
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No, not all my fund were put in the bitcoin. Also I invest only a little bit in bitcoin, but I cannot withdraw it. I just want to know how long bitcoin currency were survive in the market.
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serjent05
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April 21, 2017, 01:11:59 AM |
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I always believe in diversification. So I do not place all my funds to Bitcoin, I diversify and put investment on other altcoins. Aside from that, I also invest my funds to offline business. I am selling Food Supplement but still figuring out how I can sell them online and accept different cryptocurrency.
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boyptc
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April 21, 2017, 05:07:08 AM |
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No, not all my fund were put in the bitcoin. Also I invest only a little bit in bitcoin, but I cannot withdraw it. I just want to know how long bitcoin currency were survive in the market.
Why you can't withdraw your investment in bitcoin? Maybe the right term for it is that you are holding it for a longer term. And for those people that did invested all their funds in bitcoin have 100% faith in bitcoin and they have other source of income. But for me, it's hard to invest all of my funds in bitcoin because it's very risky.
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RealPhotoshoper
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April 21, 2017, 06:57:34 AM |
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No, not all my fund were put in the bitcoin. Also I invest only a little bit in bitcoin, but I cannot withdraw it. I just want to know how long bitcoin currency were survive in the market.
Why you can't withdraw your investment in bitcoin? Maybe the right term for it is that you are holding it for a longer term. And for those people that did invested all their funds in bitcoin have 100% faith in bitcoin and they have other source of income. But for me, it's hard to invest all of my funds in bitcoin because it's very risky. Yeaaa you know that , he means about cannot withdraw as he has a future plan . It is true that in investment we have to hold ourselves to not divest too quick , we need a lot of patience. As investment works usually on the longet period you put the bigger profit potential you may can get.
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boyptc
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April 21, 2017, 07:46:10 AM |
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No, not all my fund were put in the bitcoin. Also I invest only a little bit in bitcoin, but I cannot withdraw it. I just want to know how long bitcoin currency were survive in the market.
Why you can't withdraw your investment in bitcoin? Maybe the right term for it is that you are holding it for a longer term. And for those people that did invested all their funds in bitcoin have 100% faith in bitcoin and they have other source of income. But for me, it's hard to invest all of my funds in bitcoin because it's very risky. Yeaaa you know that , he means about cannot withdraw as he has a future plan . It is true that in investment we have to hold ourselves to not divest too quick , we need a lot of patience. As investment works usually on the longet period you put the bigger profit potential you may can get. Yeah that's why I gave him another better term for it. And if you are an inspired investor and you did invest all that you've got in bitcoin, then you are now enjoying the essence of profiting as the price is keep on increasing.
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poetra2501
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April 21, 2017, 08:10:04 AM |
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I always believe in diversification. So I do not place all my funds to Bitcoin, I diversify and put investment on other altcoins. Aside from that, I also invest my funds to offline business. I am selling Food Supplement but still figuring out how I can sell them online and accept different cryptocurrency.
Of course, for the best way, don't place all our funds into Bitcoin because it's very risky. We can manage it to 50% into cryptocurrency (Bitcoin / Altcoin) and 50% into offline business.
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tracktorr
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April 21, 2017, 08:28:16 AM |
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I always believe in diversification. So I do not place all my funds to Bitcoin, I diversify and put investment on other altcoins. Aside from that, I also invest my funds to offline business. I am selling Food Supplement but still figuring out how I can sell them online and accept different cryptocurrency.
Of course, for the best way, don't place all our funds into Bitcoin because it's very risky. We can manage it to 50% into cryptocurrency (Bitcoin / Altcoin) and 50% into offline business. I invest 45% in coins, 45% in offline business and 10% on my own. So I feel comfortable and not so dangerous to lose everything at once and do not need to deny yourself anything.
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