Strongkored
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August 19, 2017, 05:57:20 AM |
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I put bitcon on some altcoins, I assume by solving bitcoin to some altcoin will make me get good enough profit in the future.
Altcoin that can give you profit is depend in what altcoin you bought, not all altcoin can give you profit, because when BTC price up the altcoin price will down rapidly, so make smart decision if you want your Bitcoin increase. |
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Svelto
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August 19, 2017, 06:39:22 AM |
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I didn't invest all my funds in Bitcoin alone. I prefer to diversify my investment.
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Bitmedrano040117
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August 19, 2017, 10:02:36 AM |
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You don't need to do that, besides bitcoin is that powerful yet instead, still Dollar is the world currency for now. So, you need to wait more a little bit, have patience dude. all you need to do for now keep on studying about in bitcoin, learn the methods of learning here and gain knowledge. Because I've been here for a couple of months I will not gonna put all my funds now into bitcoin maybe if times come that bitcoin will become the new world currency.
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mriansa
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August 19, 2017, 10:20:42 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.. ?
Bitcoin is a good investment but I do not recommend to put all your money into it. Every investment is a risk and there is always the danger of losing money so you have to invest carefully and you should always have a backup. Never invest more then you can lose. I suggest you invest long-term in bitcoin to get a great profit  |
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cexylikepie
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August 19, 2017, 10:40:49 AM |
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Of course, yes. I invested all my funds saving into bitcoins. And let money create more money than it is in a bank account. Besides income from work, then i can enjoy income from bitcoin.
Bitcoin is always a good investment for people who want to invest in Bitcoin. Last time when the price of Bitcoin increase many people made a lot of money through Bitcoin. Bitcoin is always a long term investment where you can make double or triple if you hold patiently. Even you can become to millionaire if you can holding your Bitcoin until the future the value of 1 Bitcoin = 1 Million Dollar  . But this target need you have a look in long term and can keep your calm, patience with any situation on market. |
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ackerley_lee
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Activity: 48
Merit: 0
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August 19, 2017, 10:47:27 AM |
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yes buy bitcoin all from my saving and now i spend some amount of my income for bitcoins.
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A L I E N
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Activity: 1358
Merit: 1000
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August 19, 2017, 11:05:01 AM |
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In this year I decide to sell bitcoins and deposit it to altcoins.
In my opinion alt have more potential than bitcoin. For example, if bitcoin go 50% than altcoins will go 300%.
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IAMYOURLEADER
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August 20, 2017, 07:36:29 AM |
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I divided my investment in several altcoins and only a small portion in bitcoin. This is my strategy for me in case each of them skyrocket to 100x its price and it's going to be a win-win situation for me.
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raven7886
Legendary
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Activity: 1512
Merit: 1041
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August 20, 2017, 03:18:38 PM |
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In this year I decide to sell bitcoins and deposit it to altcoins.
In my opinion alt have more potential than bitcoin. For example, if bitcoin go 50% than altcoins will go 300%.
I am not seeing this as a right decisions. The 50% improvement in bitcoins is far better than 300% increase in altcoins for the no-risks we are taking with bitcoins. Bitcoins are the king of the crypto currency. Bitcoins are worth all investment than any other crypto currency whether it is waves etc. I will surely prefer bitcoins over all other crypto currencies. Still I am not recommending to go 100% into bitcoins as bitcoin is also coming with its own risks but for long term holder, there will be less risks. But 50% into altcoin does not seem a right decisions. |
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rainingbitcoins
Sr. Member
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Activity: 728
Merit: 252
SmartFi - EARN, LEND & TRADE
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August 20, 2017, 03:20:28 PM |
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In this year I decide to sell bitcoins and deposit it to altcoins.
In my opinion alt have more potential than bitcoin. For example, if bitcoin go 50% than altcoins will go 300%.
That is right but you need to choose the right coin and at a right coin after doing a good market research as there are many shit coins available which will disappear with an blink of an eye and if you invest in those coins hoping that it will pump to extreme level in quick time then it will never happen so be wise before choosing any altcoin for making an investment. |
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MyIdeas
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August 20, 2017, 11:49:41 PM |
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I divided my investment in several altcoins and only a small portion in bitcoin. This is my strategy for me in case each of them skyrocket to 100x its price and it's going to be a win-win situation for me.
That’s how to be a smart person. Converting into different altcoins and bitcoin is highly useful. Very few people go for this strategy. The logic behind this is loss. Loss is the thing we should think about. If we use different coins then they vary differently and will obviously stable you. Let suppose in next week one of the coins value falls then is doesn’t mean that others will fall other may remain same or most probably may raise. In both cases you will be the winner. |
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lenovo16
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August 21, 2017, 01:50:44 AM |
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I divided my investment in several altcoins and only a small portion in bitcoin. This is my strategy for me in case each of them skyrocket to 100x its price and it's going to be a win-win situation for me.
That’s how to be a smart person. Converting into different altcoins and bitcoin is highly useful. Very few people go for this strategy. The logic behind this is loss. Loss is the thing we should think about. If we use different coins then they vary differently and will obviously stable you. Let suppose in next week one of the coins value falls then is doesn’t mean that others will fall other may remain same or most probably may raise. In both cases you will be the winner. I was not too smart person but for me placing of all funds in bitcoin is like a gambling that you never know if you are win or lost. You never know if you earn income or not that's why I can't put all my funds in bitcoin. |
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xaxistech
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August 21, 2017, 01:55:12 AM |
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In this year I decide to sell bitcoins and deposit it to altcoins.
In my opinion alt have more potential than bitcoin. For example, if bitcoin go 50% than altcoins will go 300%.
That is right but you need to choose the right coin and at a right coin after doing a good market research as there are many shit coins available which will disappear with an blink of an eye and if you invest in those coins hoping that it will pump to extreme level in quick time then it will never happen so be wise before choosing any altcoin for making an investment. It is not that simple, bitcoin made an increase of 110% in the last month, and a lot of altcoins went down. If you look for the ALT/BTC exchange, most of them losed a value of almost a 60% in the last month. Altcoins dont follow Bitcoin path, it depends on a lot of factors if its price goes up or not, that is why there is a correction on most altcoins. |
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MiF
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August 21, 2017, 02:09:40 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.. ?
Right now, only around 10% of my net wealth is in the form of Bitcoin and other crypto-currency. The rest is in the form of equities, real estate and bullion (only gold). I am planning to increase the share of BTC to around 25%, but it is not going to happen overnight. It is really unwise to put your all resources in bitcoin alone because 100% we never know what will really gonna happen in the future of bitcoin inspite of how stable it was today except if we have the ability to see the future. What if bitcoin disappear or down it will go with your resources too. |
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gabmen
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August 21, 2017, 02:33:29 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.. ?
Right now, only around 10% of my net wealth is in the form of Bitcoin and other crypto-currency. The rest is in the form of equities, real estate and bullion (only gold). I am planning to increase the share of BTC to around 25%, but it is not going to happen overnight. It is really unwise to put your all resources in bitcoin alone because 100% we never know what will really gonna happen in the future of bitcoin inspite of how stable it was today except if we have the ability to see the future. What if bitcoin disappear or down it will go with your resources too. Bitcoin probably is here to stay. I don't see it crashing or running out of value and it can even become more widely used in the future. But yeah you're right. Its not wise to put all your money on a single investment. Everything is a gamble and its best that you have a fall back if one doesn't go as expected. |
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syaripudin
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August 22, 2017, 02:28:41 AM |
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Bitcoin is a very good investment, but I do not think you should invest all the money you have for investing in bitcoin. Because however bitcoin is a form of risky investment. You must have other reserves in investing. I think you better keep some funds you have in other fields. I will give examples of some types of investments that you might be able to do in the real world, I think a good investment form in the real world is, real estate or investment in gold as well as others is very good.
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OrangeII
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August 22, 2017, 03:32:52 AM |
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I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.
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bangjoe
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August 22, 2017, 04:57:58 AM |
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I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.
I used to divide between bitcoin and income from real jobs, I initially put in big enough funds for bitcoin but only for initial capital, in the end my income was obtained from two directions, so no need to place on one side only. We may believe in bitcoin completely but also need to remain vigilant. |
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kodtycoon
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Activity: 1568
Merit: 1002
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August 22, 2017, 05:05:41 AM |
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I do not think it's a bad idea to put everything you have on bitcoin, but I'm not suggesting it, because there may be other needs that you need someday. If you're sure, maybe the most in investing in bitcoin is 80% of what you have.
I used to divide between bitcoin and income from real jobs, I initially put in big enough funds for bitcoin but only for initial capital, in the end my income was obtained from two directions, so no need to place on one side only. We may believe in bitcoin completely but also need to remain vigilant. What makes you worried about bitcoin so you put your vigilance on bitcoin? It would not hurt to put all the funds in bitcoin, put all the funds in some altcoins is an option if you have a specific purpose, so put all the funds only on bitcoin and on some altcoins I think it will be fine. |
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_IRMAN
Copper Member
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Activity: 1400
Merit: 103
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August 22, 2017, 06:18:41 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 hold bitcoin for the long term, I think that's good. Because as we know the price of bitcoin from year to year is higher - But if you put all your money into bitcoin, just to get a short-term profit it's not recommended. You can lose your money if you panic see bitcoin price down then cutloss  |
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