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Author Topic: did you place all your funds into bitcoin?  (Read 123621 times)
coin_1122
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September 06, 2017, 11:58:35 AM
 #1261

I think it is not a good idea to keep all investment in Bitcoin. Off course Bitcoin price is increasing but at the same time, we have to face challenges when the price of Bitcoin is decreasing. We need to divert our money in different other coins which will give you good income in future after Bitcoin.
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September 06, 2017, 12:17:37 PM
 #1262

NO 80% of it only

30% for btc

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September 06, 2017, 01:47:00 PM
 #1263

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 might be good in some ways if you're lucky but I think that's a very bad move. Putting all your money into something that changes anytime is a bad thing to do. It is very risky. I suggest that you should invest a percentage of that money and take profit from it. Start by buying coins and try to hold or sell and from that, you'll earn a good sum of money if you do it the right way. Try learning from different old threads in this forum.

 
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rhomzkie26
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September 06, 2017, 02:26:58 PM
 #1264

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 all of your money is just a small amount of funds go on what you think is right. If you can make it grow in your own methods here by getting profit of bitcoin do it now. But if really have a huge amount of money in the bank or what it will be very risky if you do it. Because bitcoin is not that powerful as dollar does. Maybe you can put some of your money into bitcoin but don't put it all.
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September 06, 2017, 02:30:39 PM
 #1265

No, I just put some money into bitcoin so far. I am learning and trying to trade alt coin at the time of using that money. Maybe later after I was confident enough I would put more money into it.
Yeah with the rate of bitcoin today I think to buy bitcoin is not a good idea, unless you want to hold them for a long term
You are right mate,, if we want to invest our money in bitcoin we have to wait for the bitcoin price to drop from the current price because currently the bitcoin price is still the highest,,
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September 06, 2017, 02:32:57 PM
 #1266

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.. ?

All? That's would be not just risky but suicidal in my term. It's senselessly unpractical and unprofessional to put even your life saving into bitcoin even if uncertainty and volatility of its prices is unstable. Don't ever do that because you will not forgiven yourself if things go wrong. Save some and invest some. 50/50 is better.
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September 06, 2017, 02:40:01 PM
 #1267

Why would you do that? Then, there would be nothing to be spent by you.
Just invest those you think you can afford and have something left for yourself and for emergency purposes. That is not how investing should be. It is suicide. Actually this is a dumb question but I think you need some light.
First I meant most ..
second.. it is profitable.. and I am just asking.. I thought that people grow their bitcoin real.. fast isn't they?
yes correct you need left for yourself how about your daily expenses if you invest all of your asset in the trading, and also you need to get more skills in the trading how become profitable your investment, study and research is the way to avoid risk of your investment.

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September 06, 2017, 02:45:49 PM
 #1268

No, I didn't and I don't have such intentions. I find bitcoin the best possible investment at the moment but still puting all money into it would be to big risk. I invest extra money that I don't need but the funds are diversifed and not all my savings are in bitcoins. You always have to protect yourself from losses and have multiple options.

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September 06, 2017, 02:47:21 PM
 #1269

No I wouldn't do that. You never know what happens with the bitcoin, you could lose it all.
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September 06, 2017, 03:46:35 PM
 #1270

No, I didn't and I don't have such intentions. I find bitcoin the best possible investment at the moment but still puting all money into it would be to big risk. I invest extra money that I don't need but the funds are diversifed and not all my savings are in bitcoins. You always have to protect yourself from losses and have multiple options.
Bitcoin is just one opportunity to make money with our extra money. but putting all our money in this coin is not safe. It is a big risk. Suppsoe if we put all our money in bitcoin and suddenly priced dropped it may effect to our lives also some lose heart people will get heart attack to see the price drop. That much price variations we see in bitcoins.
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September 06, 2017, 05:44:21 PM
 #1271

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.
Even though bitcoin could offer people an opportunity to earn. It is not a good thing to go all in a specific investment. It could be better if you would have an option for you to have an opportunity to earn more and to have a partial profit on every type or way you would take to earn bitcoin

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September 06, 2017, 07:16:48 PM
 #1272

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 , we should not put our all the money in the bitcoin or altcoins because of the risk in the demand fluctuations .
Here i means to say that what you will do if the whole market get down for one month, surely you will get disappointed and wil exit from this thing fully .
Here i myself also can't put my all money in the cryptocurrency because it is a big factor that what you have to make a better connection between bitcoin and fiat currency .
Here logically you can think yourself that if all the people will put thier money in the bitcoin then you will see the value of the fiat will go down  .
So instead to put all of your money in the cryptocurrency , we should put in small small amounts , so that we should remain safe from any type market risk and also with small amount of the investment in the cryptocurrency will make us less tension for fluctuations in prices Cool

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September 06, 2017, 07:43:22 PM
 #1273

My portfolio is diversified, but most of it is in XEM... a little bit of bitcoin and few percent in other cryptocurrencies. I think one should invest in cryptocurrency that is advenced in technology. I was never into hos pumps as I tend to gather a lot of info about coin before I invest in it.

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September 07, 2017, 01:01:57 AM
 #1274

No i didn't , i placed about 80% my fund in cryptocurrency then other 20% for fiat because too risky to put all in Bitcoin. Because i never know what happen with Bitcoin later.

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September 07, 2017, 02:47:05 AM
 #1275

No.
I dont/didnt.

It is better only a portion of it.
Stay some of it in Fiat or in ETH or in new undervalued like Spectre.
I am avoiding to put all of them in BTC.
JUST DONT.
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September 07, 2017, 02:54:17 AM
 #1276

No i didn't , i placed about 80% my fund in cryptocurrency then other 20% for fiat because too risky to put all in Bitcoin. Because i never know what happen with Bitcoin later.
That's still a high risk, it's 80% and if crypto will fail it will surely gonna affect your financial status in life.
Well, on the other hard if it will continue to succeed you will get a lot of money, it's about taking risk really and we are in charge of our own
decision, we don't get big income if we don't risk big, so maybe the saying is right, "go big or go home". It could be applied in crypto..

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September 07, 2017, 02:58:53 AM
 #1277

No i didn't , i placed about 80% my fund in cryptocurrency then other 20% for fiat because too risky to put all in Bitcoin. Because i never know what happen with Bitcoin later.
Same here I did not put all my funds in bitcoin too because its too risky and I also need fiat for emergency use and daily expenses. My crypto are for long term investment.
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September 07, 2017, 03:07:39 AM
 #1278

No, i just placed at least 50% of my funds in bitcoin and the remaining 50% in altcoins.

It is may way of playing safe in trading whatever may happen, i will continue to keep on trading.

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September 07, 2017, 03:27:50 AM
 #1279

No, i just placed at least 50% of my funds in bitcoin and the remaining 50% in altcoins.

It is may way of playing safe in trading whatever may happen, i will continue to keep on trading.
We should always portion iur funds since there are lot's of possibilities that it may be an advantage or disadvantage. Alts and btc were tends to increase in long term but we should be aware on alts value that sometimes dips too way hard and doesn't recover.
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September 07, 2017, 03:43:03 AM
 #1280

crypto world still dangerous now. just put the money you can lost!

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