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Author Topic: did you place all your funds into bitcoin?  (Read 123631 times)
alexsandria
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April 29, 2017, 07:28:56 AM
 #461

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 all but I almost put half of my money because I like to take risk and when you didn't take risk nothing will happen and you will not earn. I experienced to get scam but I didn't stop and the next transactions that I will have is I'm going to sure if the person I was trading is good and legit to avoid my mistakes to commit again.

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April 29, 2017, 08:55:19 AM
 #462

Bitcoin remains to be the King of all coins and this can be true for many years to come. All the rest are just called as alternative coins or altcoins so they are just following the leader. Aside from Bitcoin, I also have my money in Litecoin, Bitconnectcoin, Pesobit and of course in my local currency. We have to put our funds in many baskets so as to minimize the risks involved and who knows one day my altcoins can shoot up to the moon. I feel dismayed that I did not invest in Ethers it is right now revolting in value riding with the rising Bitcoin.
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April 29, 2017, 09:49:34 AM
 #463

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.. ?

You shouldn't that anyway, even I am a newbie and one of bitcoin believer I will not so such a things that I will risk all my fund unto, because
as of the moment is not a world currency yet. Its okay with me if we only have one currency in the whole world.
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April 29, 2017, 10:43:02 AM
 #464

No i didn't, i always invest what i can bear to lose and everymonth i spare 30% of my wage for bitcoin. I never go all in into something and bitcoin is no different. And i still need fiat to buy neccessities and other thing.

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ubercool
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April 29, 2017, 11:17:57 AM
 #465

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.. ?

You shouldn't that anyway, even I am a newbie and one of bitcoin believer I will not so such a things that I will risk all my fund unto, because
as of the moment is not a world currency yet. Its okay with me if we only have one currency in the whole world.

Why..? There are many people who have invested more than 75% of their savings into Bitcoins or altcoins. I personally dont support altcoins but Bitcoin is better. The rates are still going in the upward direction and who knows, it might reach 2000$ by the end of this year. It is better to keep your savings in BTC.
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April 29, 2017, 01:15:50 PM
 #466

No i didn't, i always invest what i can bear to lose and everymonth i spare 30% of my wage for bitcoin. I never go all in into something and bitcoin is no different. And i still need fiat to buy neccessities and other thing.
Yes thats a good decision the same with what im doing. if you put all your asset in bitcoin you must have the guts for the outcome because we know that every investment is risky same thing with btc, for me its not wise although bitcoin has a potential and going strong, its still best to be careful and think of the consequences that will going to happen when it turn out the way you never expected.
AngelSky
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April 29, 2017, 01:35:09 PM
 #467

No i didn't, i always invest what i can bear to lose and everymonth i spare 30% of my wage for bitcoin. I never go all in into something and bitcoin is no different. And i still need fiat to buy neccessities and other thing.
Yes thats a good decision the same with what im doing. if you put all your asset in bitcoin you must have the guts for the outcome because we know that every investment is risky same thing with btc, for me its not wise although bitcoin has a potential and going strong, its still best to be careful and think of the consequences that will going to happen when it turn out the way you never expected.

Risk factor on investment is not only for the bitcoin even in fiat as well. You may lose in anything. There are many here in the forum doing their work completely into bitcointalk forum and bitcoin-related projects. It shows that, Everything is falling behind the option you choose. So you can buy bitcoin for now and hold or invest in trading. Where is not big scam attempts happened. Please use the escrow to avoid that as well.
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April 29, 2017, 01:57:35 PM
 #468

No i didn't, i always invest what i can bear to lose and everymonth i spare 30% of my wage for bitcoin. I never go all in into something and bitcoin is no different. And i still need fiat to buy neccessities and other thing.
That was a good choice . Im am thinking on the OP he was desperate in bitcoins. Even the great risk taker will dont invest 100% of money he have. Although bitcoins have proven its acceptance it is not a big deal to go all in .
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April 29, 2017, 02:18:10 PM
 #469

I won't ever put every bit of money in one investment, and that's just wrong just because you are risking all without having a backup plan. I think I would buy a lot of coins when the price is going to be real affordable.

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April 29, 2017, 03:29:18 PM
 #470

I won't ever put every bit of money in one investment, and that's just wrong just because you are risking all without having a backup plan. I think I would buy a lot of coins when the price is going to be real affordable.
Finally I have found out someone who is speaking a truth.

There is no point in placing all your funds in bitcoin, unless your target is to loose everything you are willing to invest.
Without proper money management and plan, you shouldn't ever think about dong such a thing. You need to have whole business plan ready, what do you when some unexpected incindent will occur.

Bear in mind that spending all your money on bitcoin would simply make you dependant from that cryptocurrency, because you literally don't have any other investment.
So if the bitcoin price goes down, all you can do is just watch your funds getting eaten away by some whales.

With diversification, you might be able to avoid such a situation, but only if you know what are you doing.

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April 29, 2017, 11:27:39 PM
Last edit: May 01, 2017, 07:30:41 AM by Fireblade
 #471

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 all but I almost put half of my money because I like to take risk and when you didn't take risk nothing will happen and you will not earn. I experienced to get scam but I didn't stop and the next transactions that I will have is I'm going to sure if the person I was trading is good and legit to avoid my mistakes to commit again.
to me although i have fully trust on bitcoin, but still i am not going to put all my money in trading. i have invested 75 assets in bitcoin and i am really get a good profit from that. in normal i trade alt coins and from there i make good profit. but currency as the price of bitcoin is increasing from time to time therefore i have invested all my money in bitcoin and i am simply holding bitcoin for some time as i am expected that it will give me a good profit in next few months.
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April 30, 2017, 01:32:44 AM
 #472

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 all but I almost put half of my money because I like to take risk and when you didn't take risk nothing will happen and you will not earn. I experienced to get scam but I didn't stop and the next transactions that I will have is I'm going to sure if the person I was trading is good and legit to avoid my mistakes to commit again.
to me although i have fully trust on bitcoin, but still i am not going to put all my money in trading. i have invested 75 assets in bitcoin and i am really get a good profit from that
That is right, don't invest all your money in trading or in bitcoin because that is being greedy and most of the times being greedy is leading to a big loss. Just do save money and invest in bitcoin at the same time so you can avoid or you can minimize the chance of getting a loss with bitcoin. Do research also to have a higher chance of getting profit.
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April 30, 2017, 01:44:25 AM
 #473

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 all but I almost put half of my money because I like to take risk and when you didn't take risk nothing will happen and you will not earn. I experienced to get scam but I didn't stop and the next transactions that I will have is I'm going to sure if the person I was trading is good and legit to avoid my mistakes to commit again.
to me although i have fully trust on bitcoin, but still i am not going to put all my money in trading. i have invested 75 assets in bitcoin and i am really get a good profit from that
Most of the users have good trust on bitcoin, but based on the uncertainty people feel hesitation to invest all their assets into bitcoin. In my view diversifying the assets into different investment platforms will help us make a better profiting as well have an increased security for the investment.
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April 30, 2017, 02:25:36 AM
 #474

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 all but I almost put half of my money because I like to take risk and when you didn't take risk nothing will happen and you will not earn. I experienced to get scam but I didn't stop and the next transactions that I will have is I'm going to sure if the person I was trading is good and legit to avoid my mistakes to commit again.
to me although i have fully trust on bitcoin, but still i am not going to put all my money in trading. i have invested 75 assets in bitcoin and i am really get a good profit from that
Well im not , i am ready for whatever happens ,i sell and bought plenty of times have a profit then save in the real bank and invest in real businesses .Even i have my private keys i dont assured it what more of putting all funds into bitcoins .bitcoin wallets isnt safe at all i much prefer storing my bitcoins in a offline storage.
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April 30, 2017, 05:20:24 AM
 #475

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.. ?

That would be a bad idea if you do that things to place all your funds into bitcoin. Although, we knew bitcoin was a good investment and has a brighter future but for now bitcoin is not yet adopted by the all countries in the entire world. So you better think of it twice before you do it.
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May 01, 2017, 05:50:42 PM
 #476

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.. ?

That would be a bad idea if you do that things to place all your funds into bitcoin. Although, we knew bitcoin was a good investment and has a brighter future but for now bitcoin is not yet adopted by the all countries in the entire world. So you better think of it twice before you do it.

Yes its good to invest only a part of your money in bitcoin as still the future of bitcoin is unpredictable and anything is possible with it in future so unless bitcoin doesn't gets on mainstream we cannot afford to trust it blindly by putting all our money into it.
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May 01, 2017, 06:02:25 PM
 #477

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.. ?
Absolutely not all of my funds. If you have very little money though, that's not so bad because you can earn it back very quickly if it drops.
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May 01, 2017, 07:36:43 PM
 #478

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 all but I almost put half of my money because I like to take risk and when you didn't take risk nothing will happen and you will not earn. I experienced to get scam but I didn't stop and the next transactions that I will have is I'm going to sure if the person I was trading is good and legit to avoid my mistakes to commit again.
i think everyone has their own choice, but to me i have put my 75 % assets in  bitcoin. as i do not want  to miss any chance  of making money. as it is expected that the price of bitcoin will cross 2000 USD level very soon therefore  i am pretty confident to put more and more assets in gambling. i think those people who still not invest their money i think they should not waste any more time and try to invest their money in bitcoin so as to secure their position.
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May 01, 2017, 09:55:30 PM
 #479

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 all but I almost put half of my money because I like to take risk and when you didn't take risk nothing will happen and you will not earn. I experienced to get scam but I didn't stop and the next transactions that I will have is I'm going to sure if the person I was trading is good and legit to avoid my mistakes to commit again.
i think everyone has their own choice, but to me i have put my 75 % assets in  bitcoin. as i do not want  to miss any chance  of making money. as it is expected that the price of bitcoin will cross 2000 USD level very soon therefore  i am pretty confident to put more and more assets in gambling. i think those people who still not invest their money i think they should not waste any more time and try to invest their money in bitcoin so as to secure their position.
If a person has already started to earn good money even with the help of Bitcoin, then other earnings will not attract him. The fact is that the area of ​​crypto-currency is a very large range of possibilities, but not everyone can use them, because not everyone will have the knowledge and understanding of these features of the crypto currency.
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May 01, 2017, 10:04:07 PM
 #480

Not all but I have invested 50% of my total funds in bitcoin as I think it has a great ability to rise in future which can give me 100% return on my investments which may not be possible with any other form of investments.
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