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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
Ferris419
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July 19, 2017, 12:44:19 AM
 #941

I have invested only 25% of my wealth in bitcoins and few in gold and majority of my money is in real estate as I am sure that real estate is not going anywhere in future it can give me huge returns on my investments so investing at multiple places is always an right thing to do with your money.

Bitcoin is gonna hit 100K usd
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July 19, 2017, 06:37:23 AM
 #942

is it a good way to grow my money? or it is risky or.. ?
Bitcoin must be the right way for your growing your money. But no one can be sure about the future so no one can give you guarantee about the returns and the rate of growth of your money. If you are ready to risk, you can invest up to 80% of your total investment money into bitcoins and keep the remaining 20% into other investment types.

Back in 2010 year ... In 2010 you can put all your money in Bitcoin ... In 2017 - it's big foolishness
You got any explanation why we can put all our money into bitcoin investment in the year 2010. At that time bitcoin was very new project definitely people would have been afraid to invest with all their money.

I believe you are talking about the percentage of return one investor might got from the year 2010. But I'm not seeing any difference in terms of risk between 2010 and 2017.

I put most of my fund in Cryptoland.
In term of risk, it was considered higher risk then now, it was the prize for the early investor/user.

Current risk is lower as is coming as proven tech and proven can-not-be-destroyed.
BTC is worth to become your choice to store money/wealth.
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July 19, 2017, 09:53:05 PM
 #943

is it a good way to grow my money? or it is risky or.. ?
Bitcoin must be the right way for your growing your money. But no one can be sure about the future so no one can give you guarantee about the returns and the rate of growth of your money. If you are ready to risk, you can invest up to 80% of your total investment money into bitcoins and keep the remaining 20% into other investment types.

Back in 2010 year ... In 2010 you can put all your money in Bitcoin ... In 2017 - it's big foolishness
You got any explanation why we can put all our money into bitcoin investment in the year 2010. At that time bitcoin was very new project definitely people would have been afraid to invest with all their money.

I believe you are talking about the percentage of return one investor might got from the year 2010. But I'm not seeing any difference in terms of risk between 2010 and 2017.

I put most of my fund in Cryptoland.
In term of risk, it was considered higher risk then now, it was the prize for the early investor/user.

Current risk is lower as is coming as proven tech and proven can-not-be-destroyed.
BTC is worth to become your choice to store money/wealth.

If to store or for saving money and wanting to gain while saving. It's a better decision to put it on cryptos but make sure the capability of wallet your putting your savings but if your not a risk taker then cryptos were not the choice ,every transaction in crypto were at risk ot qill only depend on how we do the research.
They say Investing your money to the cryptocurrency is risky but I know it is very effective way to have a good profit. Storing tokens is really the key for you to have a good profit. I can say that it is good if you invest all of your money to the crypto.

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July 19, 2017, 11:52:23 PM
 #944

Never put all your eggs in one basket and same goes with investing money only in bitcoins too, if you put all your money in bitcoins and if price crashed tomorrow then you will be going through big loss so its better to invest only a part of your wealth in bitcoins and rest save it for the future for the uncertainties and if bitcoins goes well then it would be a win win situation for you.
This one is true, we spread our assets not in one  place only, like in holding bitcoin we must  storage it in different
wallet addresses, it can be on electrum, multibit hd, bitcoin core, bitpay or coinomi.
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July 20, 2017, 12:44:18 AM
 #945

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.. ?
We all know that bitcoin is a good investment however it's not god to place all of what you have in one investment because it can make you unprofitable if your investment tends to be stable/volatiles which is inversely proportional from what you are expecting.
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July 20, 2017, 01:17:35 AM
 #946

Most of my wealth is invested outside Bitcoin, but most of my liquid assets are in the form of crypto-currency (including BTC). In terms of my total wealth, some 10% to 15% is invested in the form of Bitcoin. Will take a decision on increasing the proportion after August 1.
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July 20, 2017, 02:16:23 AM
 #947

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.. ?
We all know that bitcoin is a good investment however it's not god to place all of what you have in one investment because it can make you unprofitable if your investment tends to be stable/volatiles which is inversely proportional from what you are expecting.

although bitcoin is an investment, we can not put all our funds in bitcoin because we still depend on fiat in our offline life to buy what we needs. maybe we can split our money like 30% in bitcoin and 70% in fiat so we can still buy for daily. and if we have more money and its free, we can buy more bitcoin and make it as long term investment like what we do before.

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July 20, 2017, 06:06:54 AM
 #948

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 it is for a long-term profit making, then that is not risky at all. If will make a huge profit when the time comes. Listen to those who give their speculation as to the price of bitcoin a couple of years or more from now, and you will be elated by their optimism. Some would say it would hit $50,000 in 3 years. If you want something more exaggerated, John McAfee was very generous in his $500,000 guess in three years. (The man's saying too much though.  Grin)

If it is for a short-term investment, however, it will be subjected to the normal price fluctuations. The risk is higher as losses are normal yet temporary.

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July 20, 2017, 06:26:17 AM
 #949

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.. ?
We all know that bitcoin is a good investment however it's not god to place all of what you have in one investment because it can make you unprofitable if your investment tends to be stable/volatiles which is inversely proportional from what you are expecting.

although bitcoin is an investment, we can not put all our funds in bitcoin because we still depend on fiat in our offline life to buy what we needs. maybe we can split our money like 30% in bitcoin and 70% in fiat so we can still buy for daily. and if we have more money and its free, we can buy more bitcoin and make it as long term investment like what we do before.

I agree with that, the use of bitcoin is still limited. It may be globally used for online money transactions but we cannot used in paying for our daily expenses. Imagine paying satoshis for a piece of candy, bitcoin is still not accepted as a regular currency.

I did not put all of my money in bitcoin, we all know how volatile the price of the bitcoin can be. If you are aware, the news about the split which was announced last week has caused many users to sell their bitcoins resulting to a huge dump from 100K to 86K in Philippine peso.

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July 20, 2017, 06:31:25 AM
 #950

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.

True. The fact that we dont know where bitcoin would be in the future tells it all.
Just like what happened last week, it went down below $2000 and many people are in panic just because of that.
So relying on bitcoin all of the money that you have is not recommended.
If something bad happen there should be something left that you could spend or start with again.
There will be a big change that will happen in August 1 and this might also affect the value of it.
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July 20, 2017, 06:44:56 AM
 #951

Most of my wealth is invested outside Bitcoin, but most of my liquid assets are in the form of crypto-currency (including BTC). In terms of my total wealth, some 10% to 15% is invested in the form of Bitcoin. Will take a decision on increasing the proportion after August 1.
Me, I have invested more than 5% of my money in crypto and I do that because most of it are coming from my earning here in crypto.
As of the moment, I can tell that it's the most profitable form of investment that is why I am willing to risk my money and hope it will bring good return.

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July 20, 2017, 10:29:23 AM
 #952

Putting all your liquid funds into BTC is a surefire way to totally screw yourself over, and would put you in the bracket of "high risk" investors. I suggest you diversify instead of doing this...

I would put around 20%-40% in bitcoin. I personally have 20% of my money invested in bitcoin

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July 20, 2017, 02:58:42 PM
 #953

Most of my wealth is invested outside Bitcoin, but most of my liquid assets are in the form of crypto-currency (including BTC). In terms of my total wealth, some 10% to 15% is invested in the form of Bitcoin. Will take a decision on increasing the proportion after August 1.
to me i personally invested abut 70% of my assets in bitcoin and in fact i am still investing my money there. because i am sure about the price if bitcoin that the price of bitcoin will continue increasing for a long time and hope that after some time it will give me a good profit.
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July 20, 2017, 03:34:34 PM
 #954

is it a good way to grow my money? or it is risky or.. ?
Bitcoin must be the right way for your growing your money. But no one can be sure about the future so no one can give you guarantee about the returns and the rate of growth of your money. If you are ready to risk, you can invest up to 80% of your total investment money into bitcoins and keep the remaining 20% into other investment types.

Back in 2010 year ... In 2010 you can put all your money in Bitcoin ... In 2017 - it's big foolishness
You got any explanation why we can put all our money into bitcoin investment in the year 2010. At that time bitcoin was very new project definitely people would have been afraid to invest with all their money.

I believe you are talking about the percentage of return one investor might got from the year 2010. But I'm not seeing any difference in terms of risk between 2010 and 2017.

I put most of my fund in Cryptoland.
In term of risk, it was considered higher risk then now, it was the prize for the early investor/user.

Current risk is lower as is coming as proven tech and proven can-not-be-destroyed.
BTC is worth to become your choice to store money/wealth.
Yes, there is no other great option than investing capital in bitcoins to let the capital grow bigger in short time. Especially in the current scenario, when it’s quite sure that prices are going to pump drastically in coming months, it would be really unfair not to invest in bitcoins at the moment. Even for future, bitcoins are the best way to increase your wealth. It just demands little patience when prices are dumping.
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July 20, 2017, 04:51:54 PM
 #955

Most of my wealth is invested outside Bitcoin, but most of my liquid assets are in the form of crypto-currency (including BTC). In terms of my total wealth, some 10% to 15% is invested in the form of Bitcoin. Will take a decision on increasing the proportion after August 1.
to me i personally invested abut 70% of my assets in bitcoin and in fact i am still investing my money there. because i am sure about the price if bitcoin that the price of bitcoin will continue increasing for a long time and hope that after some time it will give me a good profit.
It is like a sure thing that bitcoin price will always increase as it getting rare and rare day by day.
The big mining company will struggle to mine a lot of bitcoin and it could affect a lot on the market too.
We just need to be patient a little bit longer , and collect a big profit later.
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July 29, 2017, 09:50:52 PM
 #956

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.
Indeed! Investing in multiple businesses reduces significantly the risk of being bankrupt. But as far as I know, the best trading now days is bitcoin trading which is paying off its investors a good amount of profit. The more you invest here, the more chances you have of becoming a millionaire.

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July 29, 2017, 10:34:13 PM
 #957

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.
Indeed! Investing in multiple businesses reduces significantly the risk of being bankrupt. But as far as I know, the best trading now days is bitcoin trading which is paying off its investors a good amount of profit. The more you invest here, the more chances you have of becoming a millionaire.
Yeah that's right mate and I agree you had that good idea of being a millionaire with bitcoin. But for me I am not putting all my funds with bitcoin I thinks it was just around 10% of my funds were already invested at bitcoin for now. I think that it was a best trading nowadays that bitcoin paid a lot of investors into a good profit as well that's why more people invested their wealth with bitcoins digital currency, and having no worries of fluctuations even if some speculations were very prominent at present days.

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Gameroid
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July 29, 2017, 10:47:19 PM
Last edit: August 01, 2017, 03:55:54 AM by Gameroid
 #958

Most of my wealth is invested outside Bitcoin, but most of my liquid assets are in the form of crypto-currency (including BTC). In terms of my total wealth, some 10% to 15% is invested in the form of Bitcoin. Will take a decision on increasing the proportion after August 1.
to me i personally invested abut 70% of my assets in bitcoin and in fact i am still investing my money there. because i am sure about the price if bitcoin that the price of bitcoin will continue increasing for a long time and hope that after some time it will give me a good profit.
i also have invested more than 80% assets in bitcoin, to me i think it is a very good idea to invest more money in bitcoin. because it is in fact a very safe investment. i will even like to continue investing more money in bitcoin trading. in fact bitcoin trading have already given me a good profit.
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July 29, 2017, 11:29:55 PM
Last edit: August 01, 2017, 05:08:33 AM by stergium
 #959

Most of my wealth is invested outside Bitcoin, but most of my liquid assets are in the form of crypto-currency (including BTC). In terms of my total wealth, some 10% to 15% is invested in the form of Bitcoin. Will take a decision on increasing the proportion after August 1.
to me i personally invested abut 70% of my assets in bitcoin and in fact i am still investing my money there. because i am sure about the price if bitcoin that the price of bitcoin will continue increasing for a long time and hope that after some time it will give me a good profit.
i also have invested more than 80% assets in bitcoin, to me i think it is a very good idea to invest more money in bitcoin. because it is in fact a very safe investment.
i think you put a big amount of money in bitcoin. to me personally cannot afford and take so much risk to invest such a big amount of money in bitcoin. i although i already invested a good mount of money there but still it is my wish to have a good amount of money and d invest it in bitcoin. because bitcoin is  looking to me as safe investment.
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July 30, 2017, 05:13:13 AM
 #960

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 think it's too risky if you invest all your money into bitcoin.
no one knows the price of BTC after a segwit.
I suggest to invest in bitcoin 70%. To avoid unexpected risks.
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