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Author Topic: did you place all your funds into bitcoin?  (Read 123629 times)
Humanxlemming
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May 12, 2017, 09:50:38 AM
 #521

I placed 20% of my funds into bitcoin 3 years ago and it has paid really good meanwhile. Smiley I did never expect such a rise!
Wow its a nice holding peeps 3 years from now bitcoin is just too small after but now you see what bitcoin succesfully rise and rising more. I'm that i knew bitcoin longtime ago but suddenly i knew it longtime but i left bitcoin because there's so many saying that it's just a scam then in the meantime my friends told me that bitcoin is not scam its a true and #1 cryptocurreny so i turned back and get touch to bitcoin abd i just want to say that thanks to my friends that i can confirmed that bitcoin is true.

Well my funds now still in NEM (XEM) ny favourite cryotocurreny and i hold it for a months now that i succesufully earn some a nice profit. We can see that if we hold NEM thenwe can earn triple because if NEM is rising then bitcoin also is risibg can doubled all my earnings in NEM. So i set now a plan that i would HODL my NEM for a years
vennz17
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May 12, 2017, 10:02:53 AM
 #522

Bitcoin is good for investment. But do not expect too much just from bitcoin.
If you have enough money, you can invest a little bit of your money.
micher143
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May 12, 2017, 12:58:56 PM
 #523

Why would you do that? Then, there would be nothing to be spent by you.
Just invest those you think you can afford and have something left for yourself and for emergency purposes. That is not how investing should be. It is suicide. Actually this is a dumb question but I think you need some light.
Right, putting your all funds into bitcoin isn't a good idea. If you have money in bitcoin and you think it is enouh you should use it on your online transaction. If you put all of your savings into bitcoin there will be nothing to spend by you so you should save it in case of emergency.
Indeed, I don't recommend to put all of your money into bitcoin. You should leave some fund so you could use some money when the time of needs. However, you could convert your money into bitcoin and store it into your wallet then if you need money you could just convert it back into cash.
raj1
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May 12, 2017, 01:02:21 PM
 #524

till today i never invested in bitcoin because i dont know why i dont invested  Wink Grin i thought to invest last month but unfortunatly i not invested at that time the price of bitcoin is 63K INR ( around 970$) and now the price of bitcoin was rise like indias population 117618 INR ( almost 1828)  i am feeling very bad for now. Smiley but still i suggest you to not invest all your money in bitcoin .

Wait for the price to drop... this is not the right time to invest in bitcoins
Rufsilf
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May 12, 2017, 04:20:32 PM
 #525

I don't put all my funds yet in bitcoin. I'm just planning for now to put all my money savings in bitcoin so i can earn money with bitcoin investment but most of the people here says that it is a bad idea and just put some of our money so i will just put at least the 3/4 of my money in bitcoin.
Hanako
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May 12, 2017, 04:43:22 PM
 #526

I don't put all my funds yet in bitcoin. I'm just planning for now to put all my money savings in bitcoin so i can earn money with bitcoin investment but most of the people here says that it is a bad idea and just put some of our money so i will just put at least the 3/4 of my money in bitcoin.
Why would you trust people that saying its a bad idea. In trading only yourself can help you trust your instink not many people saying here IMO. Even Yoda that saying buy now lol. But i can confirmed that many altcoins here that growing enough can be able to buy as of now and hold it. Am sure that it would pump in the right time but it's so nice that you buy in a cheap price of it and it grows now.
dasana212
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May 12, 2017, 04:55:31 PM
 #527

I don't put all my funds yet in bitcoin. I'm just planning for now to put all my money savings in bitcoin so i can earn money with bitcoin investment but most of the people here says that it is a bad idea and just put some of our money so i will just put at least the 3/4 of my money in bitcoin.
Why would you trust people that saying its a bad idea. In trading only yourself can help you trust your instink not many people saying here IMO. Even Yoda that saying buy now lol. But i can confirmed that many altcoins here that growing enough can be able to buy as of now and hold it. Am sure that it would pump in the right time but it's so nice that you buy in a cheap price of it and it grows now.

I have exchanged my bitcoin wallet to another coin that seems to have the power to rise faster than bitcoin. I only use bitcoin to speculate in the trade.
death69
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May 12, 2017, 05:57:23 PM
 #528

it will be totally insane if you put all your money in one place. Try to split it into many parts which you can use for many purposes and many investments. I have spent my money to many cryptos and earn a good amount with that
Victorycoin
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May 12, 2017, 06:18:59 PM
Last edit: May 12, 2017, 06:33:32 PM by Victorycoin
 #529

I don't put all my funds yet in bitcoin. I'm just planning for now to put all my money savings in bitcoin so i can earn money with bitcoin investment but most of the people here says that it is a bad idea and just put some of our money so i will just put at least the 3/4 of my money in bitcoin.
Why would you trust people that saying its a bad idea. In trading only yourself can help you trust your instink not many people saying here IMO. Even Yoda that saying buy now lol. But i can confirmed that many altcoins here that growing enough can be able to buy as of now and hold it. Am sure that it would pump in the right time but it's so nice that you buy in a cheap price of it and it grows now.

I have exchanged my bitcoin wallet to another coin that seems to have the power to rise faster than bitcoin. I only use bitcoin to speculate in the trade.
Is a wonder what your coin might be, but you may want to know that it is always Bitcoin and the other coins - altcoins and they all take their cue from Bitcoin and rides on the wings of its success, because they are all copies and only Bitcoin stands out as original. If you had talked of diversification, it would have been easier to visualize where you are headed.
Drnice
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May 12, 2017, 07:01:28 PM
 #530

Putting all your money in Bitcoin is good maybe because it is now increasing, as every trader needs profit, but on the other side "putting all your eggs into only one basket is risky" .

But if you put some of the money into other trading, profits will be faster to get.

Note: The money you are using for the trade should be an amount that won't affect you emotionally, cause trading goes hand-in-hand with risks, Therefore be ready for the risk at any time.
richardsNY
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May 12, 2017, 11:59:50 PM
 #531

I have exchanged my bitcoin wallet to another coin that seems to have the power to rise faster than bitcoin. I only use bitcoin to speculate in the trade.

Whether it's Bitcoin or an altcoin -- crypto in general is one big speculative investment option. The much smaller size of altcoins offer people far better profit making opportunities, but the problem is that in most cases you just take a gamble. People jump into a certain altcoin just in the hope that it gets pumped, and that's really it. Most of these coins are heavily premined, or unfairly distributed through ICO. There is nothing to research, no development that might push the price forwards, etc. Most of the times it's an empty project with fake promises to trap in innocent people.
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May 13, 2017, 01:44:06 AM
 #532

it will be totally insane if you put all your money in one place. Try to split it into many parts which you can use for many purposes and many investments. I have spent my money to many cryptos and earn a good amount with that
Whether it's holding or investment, just make it diversified. Even if you feel you get a good earning from a investment plan never investment entire earning. This has the increased chance of making your wallet empty. So diversify and invest, so that if something goes wrong the remaining will help you to be secure.

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Sled
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May 13, 2017, 02:24:05 AM
 #533

it will be totally insane if you put all your money in one place. Try to split it into many parts which you can use for many purposes and many investments. I have spent my money to many cryptos and earn a good amount with that
Whether it's holding or investment, just make it diversified. Even if you feel you get a good earning from a investment plan never investment entire earning. This has the increased chance of making your wallet empty. So diversify and invest, so that if something goes wrong the remaining will help you to be secure.
That is right, do not put all your money in just one earning or source of income because it is very risky and you are not sure if the investment will go for a long run so it is always best to diversify and try to allocate your money to different kind of source of income so you will not that frustrated if one of your investments will turn to scam.
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May 13, 2017, 07:36:59 AM
 #534

it will be totally insane if you put all your money in one place. Try to split it into many parts which you can use for many purposes and many investments. I have spent my money to many cryptos and earn a good amount with that

Whether it's holding or investment, just make it diversified. Even if you feel you get a good earning from a investment plan never investment entire earning. This has the increased chance of making your wallet empty. So diversify and invest, so that if something goes wrong the remaining will help you to be secure.

Not all, of course only a portion in bitcoins and some are in altcoins maybe 60/40 share on all cryptocurrency. @Duzter is correct here when he says diversify. We do not know the market movement, we may gain on others and losses on the on other. Also, invest in real life stocks or engaged in business. The more you spread your assets, the more opportunity you have.

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May 13, 2017, 09:52:47 AM
 #535

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.. ?
In every angle you take a look in investing all of your money in one investment, it's too risky. None of good investors would put all of their money in investment program in one investment since it would be hard for you to recover if your investment's market dumps. Invest only percentage of your profit and don't put it all in omly ome investment.
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May 13, 2017, 10:07:36 AM
 #536

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.. ?
In every angle you take a look in investing all of your money in one investment, it's too risky.
sometimes you need to take high risks to get good rewards

Quote
None of good investors would put all of their money in investment program in one investment since it would be hard for you to recover if your investment's market dumps. Invest only percentage of your profit and don't put it all in omly ome investment.

i agree, experienced investors would never put all their money in one basket because they know there is always risk involved
and one way to protect themselves is to diversify into different crypto currencies in this case.


MoneyIsDebt
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May 13, 2017, 10:19:27 AM
 #537

till today i never invested in  because i dont know why i dont invested  Wink Grin i thought to invest last month but unfortunatly i not invested at that time the price of  is 63K INR ( around 970$) and now the price of  was rise like indias population 117618 INR ( almost 1828)  i am feeling very bad for now. Smiley but still i suggest you to not invest all your money in  .
It is a regretful moment for you to not invest in  because if i were you and i see that price then i will invest immediately because if ever the price of  goes down i will just hold my s and wait for the price to pump again and sell it for a higher price. You can still invest your money now in  but just what like you said, do not put all your money.
yes i can still invest in  because many people and athere are many articles which include that  price will rise touch 2500-3000$ till the end of 2017, i am going to invest if price of  rise for next two day  and ofcourse no one going to invest all of his money.
the price will not reach upto 2500$ till the end of this year.
i think invest in it now is such a blunder because the price is touching 2000$ now and i don't think it will rise more. so, i think its time to exchange money and wait for the price to get low.
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May 13, 2017, 10:56:49 AM
 #538

I dare to invest almost all of my savings funds on bitcoin, because bitcoin rate will still keep moving up. And I plan to sell it by the end of this year.
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May 13, 2017, 06:28:49 PM
 #539

I dare to invest almost all of my savings funds on bitcoin, because bitcoin rate will still keep moving up. And I plan to sell it by the end of this year.
You took high risk with your hard work money. But waiting for this year end is not good. You must watch the BTC price suppose if it goes down this year end you will get nothing from your investment and you will get a big loss. So investing your full money in BTC is not a bad thing, you should sell it for at least 10% profit then only it is worth.
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May 13, 2017, 07:01:47 PM
 #540

I'm trying to invest as much as I can in bitcoin but still I can't afford to put all my funds. And despite the fantastic current price this would be too risky because bitcoin is volatile and can go down also. And it's always good to have diversified investment, that you lower the risk and increase the chances to profit.

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