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Bunsomjelican
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June 05, 2017, 08:07:37 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.. ?
Placing all our funds into bitcoin in our time is not a good idea. Because bitcoin is not that accepted yet in all countries and even public. So meaning, its not the right time yet.. |
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n0ne
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June 05, 2017, 08:37:55 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.. ?
If you done research on the profitability of bitcoin then go ahead many have profited on Bitcoin,also known a lot of people who only trust bitcoin and they made profit from that trust since bitcoin is increasing almost daily. To be true bitcoin has been found as an most trusted asset similar to gold though it fluctuates higher in the price. Investing entire earning seems to be a risk factor in the past, but now things have changed a lot because of increased adoption and legalized usage. Just because of its decentralized backing people fear to hold entire wealth in the form of bitcoin. |
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nmaryrai
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June 05, 2017, 04:49:06 PM |
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Investing in bitcoin is a great option for me, after property and gold. Bitcoin i use to speculate in altcoin trading. This is most i like from bitcoin.
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snegap
Newbie
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Activity: 29
Merit: 0
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June 05, 2017, 04:58:22 PM |
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i'm talking about myself , no and never i dont place all my funds in bitcoin i put half part maybe but never all  |
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gribble
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June 05, 2017, 05:04:13 PM |
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i'm talking about myself , no and never i dont place all my funds in bitcoin i put half part maybe but never all Yes you are really right even the bitcoins be famous and all of people use bitcoins that is still dangerouse put all of funds on bitcoins, bitcoins has scary fluctuating if don't have good strategy management investing into bitcoins, we will be losing asset due to put the funds on bitcoins. |
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oegarod
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June 05, 2017, 05:05:16 PM |
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i'm talking about myself , no and never i dont place all my funds in bitcoin i put half part maybe but never all I too haven't invested all my earnings, when I was taught it's been suggested by my friend that you should not make yourself into big risks by placing entire funds into bitcoin. As a beginner it looks fruitful, but this needs knowledge and understanding to profit placing entire fund and then diversify it. |
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carriebee
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June 05, 2017, 05:45:13 PM |
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I did not put all my funds into bitcoin. As to wise note I save some bitcoin in an online wallet, it just nicest saving money on the amount that you can afford. Though we cannot speculate its price, bitcoin will increase the price.
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Freezingel
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June 05, 2017, 06:24:20 PM |
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It's always risky to put all your money in one thing. I myself don't put all my money, but about 15% of my wage each month. Been doing this for 3 months for now.
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cybernetus
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June 05, 2017, 07:33:07 PM |
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Don´t place all your money in one investment. it's a big risk to your finance.
Use Bitcoin, Altcoins, save some money to your daily use etc ...
Choose a percentage for each part of your money and invest in various currencies and assets
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Bitcotalk
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June 05, 2017, 09:25:26 PM |
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I put only around 10% of my funds into bitcoin. I think Bitcoin has potential to grow in the future but I would rather invest in altcoins that show high potential and hold them until they get pumped up 100x. There is just more profit potential with altcoins than bitcoin, or other already established coins.
10 percent is a very little amount you have to put much of your money in bitcoin if you ant to earn money with that as the price of bitcoin is going very well and you will earn a good profit with that investment. |
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Question123
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June 05, 2017, 10:01:11 PM |
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No, I never put all my eggs into one basket! I usually don't put more than 10% into one asset, but with bitcoin I made an exception, as I strongly believed in it and it was 30%.  Thats right dont put all your eggs in onr basket. Invest only you can afford to loss because even bitcoin have bright future no one can tell what is the future or what happen. Maybe its decrease or maybe it increase. I think the price of bitcoin before the end of the year 2017 maybe around $3000-$5000 because many people as of now using bitcoin so fpr they will increase more . Thats my prediction amd speculation only. |
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Termin4tor
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June 05, 2017, 10:20:29 PM |
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Don´t place all your money in one investment. it's a big risk to your finance.
Use Bitcoin, Altcoins, save some money to your daily use etc ...
Choose a percentage for each part of your money and invest in various currencies and assets
You're right, we should never place all our funds on a single investment because if the investment doesn't work out we will be in big trouble. Talking about cryptocurrency as a whole we should be diversifying onto various investment such as altcoins, or other real world investments such as property, business investment etc. Doing this well help us to manage our risks and be capable to deal with a scam/loss etc on an investment. |
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farhaan
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June 06, 2017, 02:31:43 PM |
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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.. ?
I have been following bitcoin market for the last two years.My advice is that you can invest all your money in btc as we can clearly see the ongoing developments in bitcoin day by day.Bitcoin has become an ever growing investment. |
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Rizky Aditya
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June 06, 2017, 10:24:26 PM |
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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.. ?
I have been following bitcoin market for the last two years.My advice is that you can invest all your money in btc as we can clearly see the ongoing developments in bitcoin day by day.Bitcoin has become an ever growing investment. yes you are right looking at the development of bitcoin price one can invest all their money in bitcoin, it will be very profitable and also it will be a very successful investment as the price of bitcoin is going higher and higher and also many investors prefers that it is a good time to invest money in bitcoin. |
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MiF
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June 06, 2017, 10:29:08 PM |
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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.. ?
Putting all of your money into something is always risky, You might not know what could happen in the next few months or years, |
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nasibakar
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June 07, 2017, 12:30:55 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.. ?
Yes, it is risky. Putting money to btc is under one condition,... you do not really need that money. Just in case the money is trapped under dropping price so you could leave it free and back after a price jump. It is indeed very risky. |
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ktabb
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June 07, 2017, 12:44:29 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.. ?
Obviously if you did this in March you would be doing pretty well right now, but it is still always the wrong decision. You should never put all of your money in one investment, and especially not one as risky as bitcoin is. This is a very dangerous way to manage your money and it can lead to a LOT of financial hardship. It may not, but the more you do it the more likely you lose a LOT of money. I highly recommend diversifying. https://www.youtube.com/watch?v=z8Z6qWRugCY |
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Vaskiy
Legendary
Offline
Activity: 2646
Merit: 1105
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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June 07, 2017, 01:19:29 AM |
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I don't have much holdings and what I have is completely diversified in various forms. A major part is in the form of bitcoin holding. I realized this and made the diversification when an scammer made an attempt to hack my wallet and take it under his control. From that I diversified, because once lost is lost we cannot do anything.
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Ferris419
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June 07, 2017, 03:23:53 AM |
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I don't have much holdings and what I have is completely diversified in various forms. A major part is in the form of bitcoin holding. I realized this and made the diversification when an scammer made an attempt to hack my wallet and take it under his control. From that I diversified, because once lost is lost we cannot do anything.
Which wallet do you use as hacking bitcoins is not that easy as I have kept my bitcoins safe in electrum wallet since long time and I have never faced such issue of loosing bitcoiins or wallet getting hacked by the hackers. |
Bitcoin is gonna hit 100K usd
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Dudeperfect
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June 07, 2017, 03:25:53 AM |
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I don't have much holdings and what I have is completely diversified in various forms. A major part is in the form of bitcoin holding. I realized this and made the diversification when an scammer made an attempt to hack my wallet and take it under his control. From that I diversified, because once lost is lost we cannot do anything. Exactly, you did the right thing. Diversification is the key to maintaining high security. It's not only applicable to the investment and doesn't intend only for sector-wise diversification. It is also applicable to the bitcoin holdings, even for the cold storage. If one is going to hold his bitcoins for the long term then he/she should maintain various cold storage wallets with backup to avoid any accidental issues. |
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