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Author Topic: did you place all your funds into bitcoin?  (Read 123629 times)
BingoDog
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July 11, 2017, 06:57:20 PM
 #921

Even bitcoin is not so good to invest all the funds in it. There is a risk despite good chances for even biger profit in the future. But situation can always change and secure investment just don't exists. Don't ever put all eggs just in one basket even if it's about bitcoin, diversify you investment and you will be more protected against the loss.

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July 11, 2017, 07:24:02 PM
 #922

No, I only invested what I can afford to lose. But I'm buying when the their is a opportunity, like what we have right now. I'm not that wealthy to invest large amount of money. I would love to but my financials won't allow me that's why I only buy if there is good opportunity. To be frank, I only have less than 1BTC as investment on bitcoin. But I'm targeting to get at least one full at the end of the year.
bitsmichel
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July 11, 2017, 08:32:34 PM
 #923

No, I only invested what I can afford to lose. But I'm buying when the their is a opportunity, like what we have right now. I'm not that wealthy to invest large amount of money. I would love to but my financials won't allow me that's why I only buy if there is good opportunity. To be frank, I only have less than 1BTC as investment on bitcoin. But I'm targeting to get at least one full at the end of the year.

That's good invest only that you can afford to loose as no one knows what will be the future of bitcoin and what price it will hold in future and if we invest all our money in it and if it crashes then we will be loosing all our money at once so its better not to invest all money only in bitcoins.

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July 12, 2017, 12:14:21 PM
 #924

Nope. Most of my funds are actually on altcoins. My bitcoins are here to support me on my daily spending. The altcoin market is a holy grail for a trader like me. Bitcoin can go up and down but in altcoin, coins will go down significantly and then go up significantly too after a month or so. That's the case to most new coins because the bounty participants dump their coins, hence, the low price. Then investors will come in, hence, the high price. There's nothing wrong with believing in bitcoins but with the August 1 scenario, things are becoming uncertain. We don't know how will it affect the price and we definitely don't know how will it bitcoin itself.

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DainSLane
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July 12, 2017, 01:23:50 PM
 #925

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 don't put all your money in bitcoin spare some for yourself it is not good way to invest all your money because it's to risky you can encounter some scam sites that will steal your money, it's better to learn some tips about earning bitcoin without investing too much money on it or you can start by joining signature campaign if you want to learn and earn bitcoin, there are so many ways you can grow your money just be patient.
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July 12, 2017, 01:27:22 PM
 #926

Just investing in btc is a stupid thing to do. The future of your investing money just depends on btc which will increase the risk ratio and make you easy to lose money without getting anything. As far as I should divide the amount you want to invest in the other altcoins, this will save your money more.





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bitllionaire
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July 12, 2017, 11:32:56 PM
 #927

Nope. Most of my funds are actually on altcoins. My bitcoins are here to support me on my daily spending. The altcoin market is a holy grail for a trader like me. Bitcoin can go up and down but in altcoin, coins will go down significantly and then go up significantly too after a month or so. That's the case to most new coins because the bounty participants dump their coins, hence, the low price. Then investors will come in, hence, the high price. There's nothing wrong with believing in bitcoins but with the August 1 scenario, things are becoming uncertain. We don't know how will it affect the price and we definitely don't know how will it bitcoin itself.
although most of my funds are in bitcoin but still i am no welling to put all my funds there. i never live to put my all investment in one kind of business i have to distribute my money in different places.
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July 13, 2017, 02:46:49 AM
 #928

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.
I also consider having an option in terms of my investment. It's better to have option because there is always a risk in investment so for me to lessen the risk you could divide it by having two or more investment at a time. And always think and have a time frame so you could manage every single investment you would try. Don't hesitate on taking an opportunity rather always make the most out of your time to earn more and develop more as an individual. Because as you could manage and run more investment that is the chance that you could earn more.
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July 13, 2017, 11:47:49 AM
 #929

Just investing in btc is a stupid thing to do. The future of your investing money just depends on btc which will increase the risk ratio and make you easy to lose money without getting anything. As far as I should divide the amount you want to invest in the other altcoins, this will save your money more.


What are you talking about? Its a lot more dangerous  when you invest on alts than just btc. When it comes to crypto investments, easily btc is the most secure out of all of them. Though it's not wise to place all your money as well in btc. Just think logically and you ll realize that the risk of you losing all multiplies a lot of times if you place your investments in one place

 
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chineseprancing
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July 13, 2017, 12:01:42 PM
 #930

I can't invest all my funds in bitcoin, maybe only 10% of my  funds. Because I only use this funds to make an investment. Moreover, most of my bitcoin savings is from signature campaign that truly increase when time come past. Also, I already withdraw half of my investment together with income as preparation to segwit.
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July 13, 2017, 01:49:00 PM
 #931

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.. ?
As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.

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July 13, 2017, 02:13:32 PM
 #932

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.. ?
As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.
That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest  in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.

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July 13, 2017, 04:32:32 PM
 #933

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.. ?
As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.
That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest  in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.
i will never even advise to put all your money even in bitcoin. i think it is not good to invest all our assets in one business wee need to invest money in different places and  through this way we can reduce the risk of losing all the money in one time.
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July 13, 2017, 04:35:44 PM
 #934

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.. ?

It's not the best way to do that, at least you have to put only half of your fund not all of your fund
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July 13, 2017, 05:06:58 PM
 #935

In every investment, there is always a risk involved. Just like what i've said many times to my fellow earners and to those who needed advice from me, investing in bitcoin always has a risk. Because this time you are not the one who controls your money, you can't control the price of bitcoin. It's not advisable to put all of your money in bitcoin.

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July 15, 2017, 02:25:31 PM
 #936

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.. ?
As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.
That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest  in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.
i will never even advise to put all your money even in bitcoin. i think it is not good to invest all our assets in one business wee need to invest money in different places and  through this way we can reduce the risk of losing all the money in one time.
Thats good to read that many people knows the risk of investing all the money they have in bitcoins .Spending your money in different investments not only reduce the risk but also give a opportunity if one of your investment got failed there you have another option and business.

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July 15, 2017, 03:34:28 PM
 #937

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.. ?
As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.
That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest  in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.
i will never even advise to put all your money even in bitcoin. i think it is not good to invest all our assets in one business wee need to invest money in different places and  through this way we can reduce the risk of losing all the money in one time.
Thats good to read that many people knows the risk of investing all the money they have in bitcoins .Spending your money in different investments not only reduce the risk but also give a opportunity if one of your investment got failed there you have another option and business.

That's a safe decision since we always have a backup , but still we should find ico or alts that we think have really potential to be successful since it would be a waste if our investment will only be failed then we might regret since there are a lot of ico to choose from.
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July 15, 2017, 07:44:29 PM
 #938

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.. ?
As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.
That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest  in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.
I think by putting all the available funds in one single coin in not really a great job, if it is bitcoin, etherium or anything else but to me it don’t fulfill the purpose. By putting all your funds at a same place mean putting all the eggs in the same basket which is not meant to minimize the risk. The purpose of splitting your funds into a diversified manner is to minimize risk level.
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July 16, 2017, 07:26:35 AM
 #939

I did not put all the funds in bitcoin because half of my bitcoin made money to transact buy and sell goods and others
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July 18, 2017, 09:49:21 PM
 #940

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.. ?
As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.
That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest  in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.
I think by putting all the available funds in one single coin in not really a great job, if it is bitcoin, etherium or anything else but to me it don’t fulfill the purpose. By putting all your funds at a same place mean putting all the eggs in the same basket which is not meant to minimize the risk. The purpose of splitting your funds into a diversified manner is to minimize risk level.

That's correct its always good to diversify our investments to minimize the risk in future and bitcoin is good as an investment but we cannot afford to put all our money in it as anything is possible in future and if bitcoin dies then we will be loosing all our money at once.
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