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Author Topic: did you place all your funds into bitcoin?  (Read 123629 times)
Sled
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August 10, 2017, 11:10:41 AM
 #1041

As many suggested above , and at the same time it is very popular saying "don't put all your eggs in one basket".So I never invest all my funds in just bitcoins.To be precise we should not keep all our investments in any one single source of returns.

In spite of this fact we may consider this fact of keeping all our investments only in Bitcoins, because now bitcoin became way of life, it's not just a source of getting returns.So conclusion is take your own risk before making any decision.  Also keep in mind that, never put your daily spending's in any investments.
Just like in trading , practically you shouldn't put the buy position with your whole bankroll.
As you need to have a proper proccess , i mean buying in step by step .
You know why? It is because noone knows that the worst situation such as a freefall price could hit the market and you automaticallly of course.

That's true and that's what I experienced after putting all my "bitcoins" in a website for BCH but didn't get anything. I know the situation here we are talking about is a bit different from what I suffered but it's nearly the same when I traded my coins too for BCH. I sent my Bitcoins yesterday to bittrex finally after deciding to do so checking everything to be safe, but when I bought BCH at such a high price of BTC0.21, I saw it declining from there and everyone is still dumping it hard. You should learn from this and should know that getting all in into one thing could lead you nowhere but a potential loss which could be extremely disastrous.
It is a basic knowledge i think for any kind trader to not buy at once but step by step.
Putting value in bitcoin have the same concept , you shouldn't go all in , as the risk really big.
If you are okay with that condition then be may guess, it is just never be a good idea , better to looking for other safe action.
Before we invest our money to the altcoins we must have prior knowledge about to the cryptocurrency. This cryptocurrency world is a business world, if we have a lot of knowledge for sure we can be rich.


Even if we have sufficient knowledge and experience, it still isn't wise to go all in on a single investment. Even if all of us here believe that bitcoin is worthy of our trust, not leaving anything for backup is a mistake newbie traders and investors make, or people who are too cocky for no good reason.
If a person or investor has an enough knowledge about investing then it is a common sense for a good investor to not go all in on an investment that doesn't have assurance because it will become a risky investment especially in bitcoin because of its volatility and being unstable of its price so it is not that advisable to go all in.
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August 10, 2017, 11:30:02 AM
 #1042

As many suggested above , and at the same time it is very popular saying "don't put all your eggs in one basket".So I never invest all my funds in just bitcoins.To be precise we should not keep all our investments in any one single source of returns.

In spite of this fact we may consider this fact of keeping all our investments only in Bitcoins, because now bitcoin became way of life, it's not just a source of getting returns.So conclusion is take your own risk before making any decision.  Also keep in mind that, never put your daily spending's in any investments.
Just like in trading , practically you shouldn't put the buy position with your whole bankroll.
As you need to have a proper proccess , i mean buying in step by step .
You know why? It is because noone knows that the worst situation such as a freefall price could hit the market and you automaticallly of course.

That's true and that's what I experienced after putting all my "bitcoins" in a website for BCH but didn't get anything. I know the situation here we are talking about is a bit different from what I suffered but it's nearly the same when I traded my coins too for BCH. I sent my Bitcoins yesterday to bittrex finally after deciding to do so checking everything to be safe, but when I bought BCH at such a high price of BTC0.21, I saw it declining from there and everyone is still dumping it hard. You should learn from this and should know that getting all in into one thing could lead you nowhere but a potential loss which could be extremely disastrous.
It is a basic knowledge i think for any kind trader to not buy at once but step by step.
Putting value in bitcoin have the same concept , you shouldn't go all in , as the risk really big.
If you are okay with that condition then be may guess, it is just never be a good idea , better to looking for other safe action.
Before we invest our money to the altcoins we must have prior knowledge about to the cryptocurrency. This cryptocurrency world is a business world, if we have a lot of knowledge for sure we can be rich.


Even if we have sufficient knowledge and experience, it still isn't wise to go all in on a single investment. Even if all of us here believe that bitcoin is worthy of our trust, not leaving anything for backup is a mistake newbie traders and investors make, or people who are too cocky for no good reason.
If a person or investor has an enough knowledge about investing then it is a common sense for a good investor to not go all in on an investment that doesn't have assurance because it will become a risky investment especially in bitcoin because of its volatility and being unstable of its price so it is not that advisable to go all in.

Yes to minimize the risk of loosing money we should always diversify our investments at different places so even if one investment fails we always have an opportunity to recover our loss from other investments so be wise in making an investments.
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August 10, 2017, 11:38:28 AM
 #1043

If a person or investor has an enough knowledge about investing then it is a common sense for a good investor to not go all in on an investment that doesn't have assurance because it will become a risky investment especially in bitcoin because of its volatility and being unstable of its price so it is not that advisable to go all in.

Yes to minimize the risk of loosing money we should always diversify our investments at different places so even if one investment fails we always have an opportunity to recover our loss from other investments so be wise in making an investments.
No investor want to lose his money in the other hand some invest a lot of money in bitcoin without a good knowledge in bitcoins and i known some person like this especially my friends who invest their all funds in their first day or some of them buying an altcoin .Such a sad thing for them ,keep diversifying your money will take you to a more productive money in return for long term .

cyclotronmajesty
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August 10, 2017, 11:56:14 AM
 #1044

If a person or investor has an enough knowledge about investing then it is a common sense for a good investor to not go all in on an investment that doesn't have assurance because it will become a risky investment especially in bitcoin because of its volatility and being unstable of its price so it is not that advisable to go all in.

Yes to minimize the risk of loosing money we should always diversify our investments at different places so even if one investment fails we always have an opportunity to recover our loss from other investments so be wise in making an investments.
No investor want to lose his money in the other hand some invest a lot of money in bitcoin without a good knowledge in bitcoins and i known some person like this especially my friends who invest their all funds in their first day or some of them buying an altcoin .Such a sad thing for them ,keep diversifying your money will take you to a more productive money in return for long term .
Investing in altcoins is not a bad thing if you have chosen a good coin to invest as not all altcoins are scam and there are few coins that exists since long time and also have an good reputation and people have already made huge profits from it.



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rhamzter
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August 10, 2017, 01:22:38 PM
 #1045

If a person or investor has an enough knowledge about investing then it is a common sense for a good investor to not go all in on an investment that doesn't have assurance because it will become a risky investment especially in bitcoin because of its volatility and being unstable of its price so it is not that advisable to go all in.

Yes to minimize the risk of loosing money we should always diversify our investments at different places so even if one investment fails we always have an opportunity to recover our loss from other investments so be wise in making an investments.
No investor want to lose his money in the other hand some invest a lot of money in bitcoin without a good knowledge in bitcoins and i known some person like this especially my friends who invest their all funds in their first day or some of them buying an altcoin .Such a sad thing for them ,keep diversifying your money will take you to a more productive money in return for long term .
Investing in altcoins is not a bad thing if you have chosen a good coin to invest as not all altcoins are scam and there are few coins that exists since long time and also have an good reputation and people have already made huge profits from it.
Nope, in my calculation I think 30% of my original fund was invested into bitcoin but that 30% is divided into different investment 10% of that was invested into trading sites 5% to mining 2% into gambling sites and the remaining 13% was stocks on my wallet
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August 10, 2017, 01:28:30 PM
 #1046

At the beginning yes but then when I saw that things were going well I decided to diversify my online portfolio so I moved into other non bitcoin related opportunities. I keep the  funds in bitcoin and a few altcoins like Zcash and Ethereum to do a bit of trading. I do not keep the majority of my funds in any exchange but only in my local wallet where I am in full control over my bitcoins. I keep only a small amount for trading, so I am never too much worried what happen to the exchange.

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August 10, 2017, 01:34:50 PM
 #1047

No I haven't placed all my funds in bitcoin as it will be an very risky investment to make as no one is sure where bitcoin will land in future so its better to put only a part of our money in it and rest should be invested at different places to reduce the risk of loosing money.
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August 10, 2017, 01:49:30 PM
 #1048

No I haven't placed all my funds in bitcoin as it will be an very risky investment to make as no one is sure where bitcoin will land in future so its better to put only a part of our money in it and rest should be invested at different places to reduce the risk of loosing money.
This is what im doing too on which i dont really plan to put all of my funds into bitcoin and its really very a risky thing to do and as you said we wont really know on what path would bitcoin would go either on success or fail on future years to come.No one really knows the future,even we cant go on all in its still better to put on the amounts to invest which we can afford to lose theres no assurance but there possibility that bitcoin would really give us good profits later on.

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BitcoinExpart
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August 10, 2017, 01:51:52 PM
 #1049

No I haven't placed all my funds in bitcoin as it will be an very risky investment to make as no one is sure where bitcoin will land in future so its better to put only a part of our money in it and rest should be invested at different places to reduce the risk of loosing money.
Yes, we must not be overwhelmed. There a lot of people are making profit on coins. But it doesn't mean that place all our funds into bitcoin. Do various task avoid to involve any trap.

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cyclotronmajesty
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August 10, 2017, 02:08:11 PM
 #1050

No I haven't placed all my funds in bitcoin as it will be an very risky investment to make as no one is sure where bitcoin will land in future so its better to put only a part of our money in it and rest should be invested at different places to reduce the risk of loosing money.
This is what im doing too on which i dont really plan to put all of my funds into bitcoin and its really very a risky thing to do and as you said we wont really know on what path would bitcoin would go either on success or fail on future years to come.No one really knows the future,even we cant go on all in its still better to put on the amounts to invest which we can afford to lose theres no assurance but there possibility that bitcoin would really give us good profits later on.

Every investment is risky but if bitcoin performs better in future then it can give us huge returns on our investments and hoping for that I think we should take an risk of investing higher amount in bitcoins as bitcoin will surely rise in coming years.



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August 10, 2017, 02:19:13 PM
 #1051

I may include people who make a beautiful mistake. Investing total in bitcoins by leaving no money in bank. And now, i am enjoying an amazing profit with unexpectedly before.
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August 10, 2017, 02:42:59 PM
 #1052

I may include people who make a beautiful mistake. Investing total in bitcoins by leaving no money in bank. And now, i am enjoying an amazing profit with unexpectedly before.

So are you trying to say that you have invested all your money in bitcoins? Be careful mate its an very big risk to take as you may be enjoying profits right now but there is no guarantee that scenario would be the same in future as price can go in any direction.
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August 11, 2017, 12:31:44 PM
 #1053

I may include people who make a beautiful mistake. Investing total in bitcoins by leaving no money in bank. And now, i am enjoying an amazing profit with unexpectedly before.

So are you trying to say that you have invested all your money in bitcoins? Be careful mate its an very big risk to take as you may be enjoying profits right now but there is no guarantee that scenario would be the same in future as price can go in any direction.
I don’t think so there is any harm in investing all your money into bitcoins. Bitcoins are very promising in producing profits. They are the future of the world economy.
I believe that even if the scenario will change, the bitcoiners are not going to be in any loss.
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August 11, 2017, 01:00:00 PM
 #1054

I may include people who make a beautiful mistake. Investing total in bitcoins by leaving no money in bank. And now, i am enjoying an amazing profit with unexpectedly before.

So are you trying to say that you have invested all your money in bitcoins? Be careful mate its an very big risk to take as you may be enjoying profits right now but there is no guarantee that scenario would be the same in future as price can go in any direction.
I don’t think so there is any harm in investing all your money into bitcoins. Bitcoins are very promising in producing profits. They are the future of the world economy.
I believe that even if the scenario will change, the bitcoiners are not going to be in any loss.
Anything can happen later it's all just a prediction, putting all the money in 1 bag is a risk because if the price goes down even "though bitcoin may be hard to lose in value" you will lose much and not any back up

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Le Happy Merchant
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August 11, 2017, 03:01:21 PM
 #1055

Investing everything you have is pretty risky..even if you are a super experienced trader. I say invest a sum you can afford to lose

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August 11, 2017, 03:54:27 PM
 #1056

I may include people who make a beautiful mistake. Investing total in bitcoins by leaving no money in bank. And now, i am enjoying an amazing profit with unexpectedly before.

So are you trying to say that you have invested all your money in bitcoins? Be careful mate its an very big risk to take as you may be enjoying profits right now but there is no guarantee that scenario would be the same in future as price can go in any direction.
I don’t think so there is any harm in investing all your money into bitcoins. Bitcoins are very promising in producing profits. They are the future of the world economy.
I believe that even if the scenario will change, the bitcoiners are not going to be in any loss.
Anything can happen later it's all just a prediction, putting all the money in 1 bag is a risk because if the price goes down even "though bitcoin may be hard to lose in value" you will lose much and not any back up
Nothing is certain when talking about the future, especially with bitcoin, its future is unpredictable. We invest all the money in bitcoin, if luckily, we can get a lot of profit but if the worst case scenario happens, our money will disappear, we will bankrupt. And we will not have anything to start again, this is something nobody wants, so we should need a the contingency plan and the contingency plan is that should only invest part of the money, do not invest all

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August 11, 2017, 08:53:37 PM
 #1057

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, I don't. There is a saying that says don't put your eggs in one basket so putting all your money in bitcoin is not recommended. If something happens to bitcoin then you lose your funds but when you diversify and put your money preferably in different investment like in real estate, or other traditional business or other altcoin that has potential would be preferred because if one of these lose value then you have others still earning.
Yeah, it is wise to have a diversified portfolio in order to be on the safe side. But I don't mind investing the large portion of my savings into Bitcoins along with other digital currencies to have a bright future for myself and my family. Bitcoin have a clear edge over other currencies and has got the potential of multiplying your capital many times within months or even weeks. In short I would love to invest as much as I can into Bitcoin.
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August 11, 2017, 09:01:08 PM
 #1058

Yes i did, i put all my money into bitcoin, but i have made my own portfolio and bought some other altcoins, so all my money dont depends on bitcoin.
I really believe in this new era of money, i think we all do. so why not risk my money on this? I love bitcoin, and that wont change.
We all should hold.
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August 11, 2017, 09:10:36 PM
 #1059

I am not so much interested with altcoins, so most of my coins are in Bitcoin, maybe about 90%. I do buy some other altcoins from time to time but it's not that I am interested with, nor I am speculating but for other purposes.
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August 11, 2017, 09:14:49 PM
 #1060

I am not so much interested with altcoins, so most of my coins are in Bitcoin, maybe about 90%. I do buy some other altcoins from time to time but it's not that I am interested with, nor I am speculating but for other purposes.
It seems to me that speculation sounds very harsh, but nevertheless this area of ​​activity brings much more money than keeping Bitcoin in storage at a promising price. In the future, maybe Bitcoin and bring good money, well, you need to understand that altcoin can bring money today, because the price difference is very good.
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