did you place all your funds into bitcoin?

[zekeshawn]

Its not practical and wise to put all your money in one basket that is why I never put everything in bitcoin though bitcoin has the higher percentage in my portfolio I see to it that I also invest in altcoins to diversify my money and to gain more profit.

[icecream sandwich]

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 a student, I have nothing to lose if I invest all of my money on bitcoins. And so I did, I invest all of my gunds allowance on bitcoins, until now I'm holding it into my wallet hoping to be much expensive in the future. I was inspired on the teenager who became a millionaire because of just simply buying bitcoins before, and I know that my bitcoins will be worth millions in the future. But for you, if you have something to spend on just dont spend all of your money in here because this is somehow a long time investment so save something for yourself but buy also bitcoins.

[NathanJB]

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.. ?

In terms of risk, it is lesser, much lesser, if you compare to investing it on altcoins. But in terms of return I guess investment in bitcoin will give you lesser than when you invest in altcoins. But if you are making some big amount of investment and plans to hodl it for some long time then perhaps BTC is great.

[Cryptolive]

I suggest you never put all your eggs in one basket.I have said it many times but I don't regret to say it again as this is the first most important principle to get success in trading.You asked to put all your money.It is not a good idea.Only put the savings amount into bitcoins.Though bitcoin has good future but never say what happens.So don't risk you life.

[RealPhotoshoper]

Its not practical and wise to put all your money in one basket that is why I never put everything in bitcoin though bitcoin has the higher percentage in my portfolio I see to it that I also invest in altcoins to diversify my money and to gain more profit.

Go big or go home , sometimes people use that principle.
At some point that could be a very useful , but you should know that the risk you just taken is so high.
It could give you a huge return also , i won't say it as a dumb or bad idea , i just call it taking big risk and that is fine.

[CryptoKranthi]

I understood your question.Dont put all your eggs in one basket.What happens if you invest your whole money and Bitcoin dies.You should see the coin from both sides.It is a foolish idea to take out all of your money from pocket and put in a single hand. I

[shawn995]

it is not good that you place or invest all your money in one place because every thing has fall and down so if you place all your money in a bitcoin and the bitcoin was going down then you have to face a big loss. so place your some money in bitcoins while some other place.

[Sohailul]

I think it is good idea but risky. Because if bitcoin price down then you will fall in a great loss. If increase so you will win or you will get profit. But i think if low you will loss everything. Again bitcoin value increasing. So can buy more coin for future and get more profit.

[henmark]

i think that's not advisable because bitcoin market value is not stable, sometimes  high sometimes low, so your profit is not stable also, i suggest look for a wallet that you can stock your bitcoin in steady amount. a wallet that cannot affect each value even though the market price is getting high or low. and also if your going to put all your money in bitcoin, what if there's emergency you cannot easily get money because need to convert first your bitcoin according to your currrency, so still much better if you have money also in the bank for emergency purposes.

I also do not prefer this thing. The funds one has in hand must not be transferred all in all into the bitcoins because of lesser stability in their market price. It has yet not been legalized by the authorities so do keep a safe hand in handling your money.

If it is that much amount which needs to be kept aside as savings then you can also pt it n a bank which is quite safe for it.

[shapoy]

Never put all your funds into assets or bitcoin. It's possible that you can lose all.

[camelson]

No I do not put all my funds in bitcoin because it is very risky. I usually prefer to invest in more then one currencies and reduces the chances of risk and increases the chances of profit. I usually do a market search before investment, this will help me in finding a profitable coin.

[ivanst776]

A good businessman does not put all his funds into an investment and that apply to all investments, not only bitcoin. I wouldn't advise you to put all your eggs in one basket so as not to suffer loss in the future. My advice for you is to invest a certain percentage of your income and put the rest to savings.

A good businessman who has a very very large account balance will never spend all of his money at one place, if he will try to buy bitcoin with 10 billion dollars, definitely he will grab a good amount of bitcoin and only few will be left for us.

Whales have this much amount in their banks but a person like me with few dollars in pocket will invest all in bitcoin as it is the best option in this regard.

[BobBct]

Usually i give 30-50% of my funds for trading and the rest mine which is a big amount especially if you get a bigger income it's nice to give a big portion in trading.

[Eternu]

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 do not put all my assets in bitcoin, i split my assets in some altcoin that i trust, like example BCC, XRP, and XLM.

I think this is something which varies from person to person. As far as placing my investment in the world of digital currency is concerned, I do put all my investments and funds into Bitcoin as there is no other better option than Bitcoin. Moreover, I keep enough amount of my funds in order to meet my monthly expenditures as well.

There will always be difference in our thinking, and that is good because we can get all sorts of answers and start from there.
As far as investment is concerned I too think that from all cryptocurrencys out there, Bitcoin is the strongest one and most safest. When some one ask me where they should invest, I always tell them Bitcoin. But i will never support putting all your founds in one place, that is just wrong. What is even worst, is when people put all their money in something and after they do not have money for day to day life. I see that you are doing that thing right. Distributing money right way is weary important.

[PokerFace3]

Its not practical and wise to put all your money in one basket that is why I never put everything in bitcoin though bitcoin has the higher percentage in my portfolio I see to it that I also invest in altcoins to diversify my money and to gain more profit.

Go big or go home , sometimes people use that principle.
At some point that could be a very useful , but you should know that the risk you just taken is so high.
It could give you a huge return also , i won't say it as a dumb or bad idea , i just call it taking big risk and that is fine.

Scenarios like that is like playing with the tip of the fire when you just finished washing your hand with fuel. It is an extremely huge risk and will not go well if anyone ends up losing it all. If you usually take such big risk, then I most definitely douch my cap for you. But man, you really need to reconsider cause one day, you can go big and never make it back home.

[Juliedarwin]

Never to put one place all of your funds into bitcoin. Some of a time you will not get it easily. Make your mind open minded for all the incoming situation that really not expecting.

[raysa]

I really want to invest on it, but Gold is easy one than bitcoin, i just hold my rest of bitcoin and wont exchange it into money(*no need to buy bitcoin with my money).

[Dannaey]

Its not practical and wise to put all your money in one basket that is why I never put everything in bitcoin though bitcoin has the higher percentage in my portfolio I see to it that I also invest in altcoins to diversify my money and to gain more profit.

Exactly. Do not put all your eggs in one basket. DIVERSIFY it. Buy some of your Bitcoin with altcoins so that they can multiply in number when your invested alt gets pump. When you just put all your money in Bitcoin, yes it will increase in value but it won't increase in number.

[saenko]

I think it's too risky. An experienced investor should understand that all his funds must be stored in different cells in order to always remain at a profit and minimal losses.

[suzanne5223]

Its not practical and wise to put all your money in one basket that is why I never put everything in bitcoin though bitcoin has the higher percentage in my portfolio I see to it that I also invest in altcoins to diversify my money and to gain more profit.

Exactly. Do not put all your eggs in one basket. DIVERSIFY it. Buy some of your Bitcoin with altcoins so that they can multiply in number when your invested alt gets pump. When you just put all your money in Bitcoin, yes it will increase in value but it won't increase in number.

Zekeshawn/Dannaey, I like the fact that you both understand that its not good to put all your eggs in one basket. Of which is good to be diverse when it investment though. But, still left out one thing and the thing is investing into promising ICO which you could earn 2x or 3x in just a couple of days.
 You could try out the Graft Decentralized Universal Payment Processor Network ICO and you'll thank me later