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tristan1960
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June 12, 2017, 09:59:33 PM |
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Hahahah in case of having only 1-2k usd, I would put all in bitcoin. If you have much more than it, you cannot do this.
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wuvdoll
Legendary
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Activity: 1442
Merit: 1025
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June 13, 2017, 08:16:53 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.. ?
My suggestion for you is do not put all your funds in bitcoin. Just put a half of it because there are many scammers in this world of bitcoin. It is more risky that's why I suggest it to you. about 70% of my funds are in bitcoin and still want to invest more. i am confident about the price of bitcoin that it will increase more in near future, because so many other countries are going to turn bitcoin as legal currency like japan, so the price will boost again and hope that it will cross 4000 very soon, therefore i think still it is good time to invest money in bitcoin and wait for the time when its price will increase more. I will never do this for me it is more necessary to minimize the risk to my investment more than the earnings. Though Japan has legalized it but still it is not a good reason for me to put most of my funds in the bitcoin. I am in favor of risk diversification and therefore I have diversified my investments into many coins currently. I may lose some chances of making big money from bitcoin's rapid rises still I prefer stay secured than losing all at once. |
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VenceyBit
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June 13, 2017, 09:28:39 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.. ?
I would not put all my money to bitcoin although i am confident with bitcoin. Much better to invest in other traditional business. Just put your extra money to bitcoin. But if you are saving it in bank you might want to put at least 80% to bitcoin. |
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jackchun
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June 13, 2017, 09:29:17 AM |
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I mainly hold my funds in PayPal, payoneer, bitcoin and perfectmoney.
But Cashout bitcoin and perfectmoney is quite hard.
Any suggestions?
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Himanshu111
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June 13, 2017, 02:22:18 PM |
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No, i haven't placed all by funds in Bitcoin. You should not keep all your eggs in one basket. You should have a diversified portfolio to reduce the risk and make more money. Invest your money in some business and invest extra portion of your money in bitcoin.
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ChrisPop
Legendary
Offline
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
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June 13, 2017, 02:36:40 PM |
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Bitcoin is a great way to invest your hard-earned money,but I advise you to divide your capital in more revenue streams from different mediums. Like invest a percent in stocks,in real-estate(if you're somehow wealthy),bitcoin,gold/silver then try some more riskier investments like starting a business or forex trading.  All the "game" is about investing wisely and diversifying. And of course you need to work hard and smart! This way I don't see how someone couldn't achieve success.  |
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BitcoinBabbler
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June 13, 2017, 02:58:34 PM |
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I mainly hold my funds in PayPal, payoneer, bitcoin and perfectmoney.
But Cashout bitcoin and perfectmoney is quite hard.
Any suggestions?
Not quite sure about perfectmoney, but you can cash out bitcoin using any online exchanger. I use Zebpay (India), you can find such exchangers for your country online. |
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WallSinger
Member
Offline
Activity: 98
Merit: 10
Blocklancer Freelance on the Blockchain
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June 13, 2017, 03:11:14 PM |
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Yes do it, I have do it, but my funds was very few  |
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crazycatwoman03
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June 13, 2017, 04:26:45 PM |
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No I did not. For me, it is not smart to put all of your funds in bitcoin because we do not know what might happen in the future. I know that investing in bitcoin is a very good advantage but I am just being wise to think that in case something happened, I would still have some money left in me. The current price of bitcoin is really tempting for us to invest everything we had but consider the fact that bitcoin is still unstable.
Also, the used of bitcoin for transactions is online. If there is no internet connection, no transactions can be done and bitcoin cannot be used. Bitcoin would be useless if there is no internet connection. Imagine, if something happened that might have caused the internet to be down. What would you do if you have put all of your funds in bitcoin?
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INVALID BBCODE: close of unopened tag in table (1)
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BunnyShibe
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June 13, 2017, 05:42:11 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 would not put all my money to bitcoin although i am confident with bitcoin. Much better to invest in other traditional business. Just put your extra money to bitcoin. But if you are saving it in bank you might want to put at least 80% to bitcoin. about 80% of my assets are in crypto business, but i have distributed my assets in diffeent place. for example 40 % i have put in bitcoin for long term . and not going to widthraw that amount from bitcoin for a long time. while the rest 25% has distributed in altcoin, while the rest of 15% is reserb for ICOs from where also get good profit from on regular bases. while the rest of the money have saved for my emergency. |
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fullypak
Legendary
Offline
Activity: 1456
Merit: 1005
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June 13, 2017, 05:53:34 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 would not put all my money to bitcoin although i am confident with bitcoin. Much better to invest in other traditional business. Just put your extra money to bitcoin. But if you are saving it in bank you might want to put at least 80% to bitcoin. about 80% of my assets are in crypto business, but i have distributed my assets in diffeent place. for example 40 % i have put in bitcoin for long term . and not going to widthraw that amount from bitcoin for a long time. while the rest 25% has distributed in altcoin, while the rest of 15% is reserb for ICOs from where also get good profit from on regular bases. while the rest of the money have saved for my emergency. So your 80% of the amount will be saved in the form of cryptocurrency. Good, you have a lot of hopes on digital currency. I don't have trust on cryptocurrency like you. I also invested money on digital currency but the only little amount, and it is only my extra income I am invested in this currencies. I don't like to take a big risk. Something happened to cryptocurrency in the midnight, and the price falls means I can not afford that loss. It is possible in the digital currency market. |
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Wa(t)ch_night()
Sr. Member
Offline
Activity: 336
Merit: 250
Play2Live presale starts on 25th January
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June 13, 2017, 05:56:32 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 would not put all my money to bitcoin although i am confident with bitcoin. Much better to invest in other traditional business. Just put your extra money to bitcoin. But if you are saving it in bank you might want to put at least 80% to bitcoin. about 80% of my assets are in crypto business, but i have distributed my assets in diffeent place. for example 40 % i have put in bitcoin for long term . and not going to widthraw that amount from bitcoin for a long time. while the rest 25% has distributed in altcoin, while the rest of 15% is reserb for ICOs from where also get good profit from on regular bases. while the rest of the money have saved for my emergency. So your 80% of the amount will be saved in the form of cryptocurrency. Good, you have a lot of hopes on digital currency. I don't have trust on cryptocurrency like you. I also invested money on digital currency but the only little amount, and it is only my extra income I am invested in this currencies. I don't like to take a big risk. Something happened to cryptocurrency in the midnight, and the price falls means I can not afford that loss. It is possible in the digital currency market. It seems to me that you should wait a little and you will see again the potential of your crypto currency. It seems to me that this failure occurred fleetingly. I still believe and I hope that a very good price for Bitcoin will make me a bit wealthy. |
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Sameffkakkare
Newbie
Offline
Activity: 44
Merit: 0
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June 13, 2017, 06:19:04 PM |
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I have diversified my funds into good alts and bitcoins
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aryana42
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June 13, 2017, 07:04:24 PM |
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I have diversified my funds into good alts and bitcoins
I have invested almost all of my funds in bank on bitcoin, because bitcoin more profitable. In my country, every month there's an administrative fee bank around $1.5 per month. Since, i invested in bitcoin, i dont have to think about that cost. |
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Bodywowoya
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June 13, 2017, 08:24:58 PM |
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I have diversified my funds into good alts and bitcoins
I have invested almost all of my funds in bank on bitcoin, because bitcoin more profitable. In my country, every month there's an administrative fee bank around $1.5 per month. Since, i invested in bitcoin, i dont have to think about that cost. For this you need to be very strongly confident in the crypto currency. But I see that you are not the only one to do so and many users thanks to such actions can very well improve their financial stability. |
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laxinternational
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June 13, 2017, 08:32:09 PM |
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Why shall I put my all in bitcoin? This is not a good idea. More variety of coins, less risky! |
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Hutalar
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June 13, 2017, 09:00:47 PM |
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I have diversified my funds into good alts and bitcoins
I have invested almost all of my funds in bank on bitcoin, because bitcoin more profitable. In my country, every month there's an administrative fee bank around $1.5 per month. Since, i invested in bitcoin, i dont have to think about that cost. You have a very good planning to invest all of your money in Bitcoin as with that you will earn the future profits with all of your money. I also have most of my money invested in Bitcoin and I want to invest all of my money in Bitcoin like you but as there are some needs of my life to be fulfilled that is why I am unable to spend almost all of my money in Bitcoin. But I have experience and I know hat it is beneficial t spend all of our money in bitcoin. |
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whizter
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June 13, 2017, 11:25:10 PM
Last edit: June 17, 2017, 12:20:27 AM by whizter |
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I have diversified my funds into good alts and bitcoins
I have invested almost all of my funds in bank on bitcoin, because bitcoin more profitable. In my country, every month there's an administrative fee bank around $1.5 per month. Since, i invested in bitcoin, i dont have to think about that cost. although i have not yet invested my all money in bitcoin, but still i am confident about bitcoin that those people who have invested their all money in gambling they will surely get good profit after some time. and i will like to add that even bitcoin is a safe investment but still put all your money in one place is not a good decision, you must distribute your assets in different places. |
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phaddie
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June 14, 2017, 01:17:00 AM |
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Bitcoin was cheap at 2010 yes and increased.. Nobody knew it was going to be expensive.. So naybe it will increase again?
And again i just mean most of my income...
I mean there is a lot of fields.. Gambling,investing,and forex..
What are the chances?
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revans
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June 14, 2017, 03:30:54 AM |
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I do not place all my fund into Bitcoin. I have a habit of diverting my funds to different investment/market since I believe not to put all my eggs in one basket. It is quite need an extra effort but we can be assure that if something wrong with Bitcoin, it won't eat all our funds.
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