did you place all your funds into bitcoin?

[Wicked17]

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.. ?

that will be good for you if you have a regular income in fiat. It will be more profitable if you convert your fiat into bitcoin. But question is where will you get the money if something unexpected happen like in an emergency? If your purpose for converting is to invest your money just remember the golden rules "just invest what you can afford to lose"

[PizzaBTC]

Of course, no. It's not a good idea. The best way to save and increase your money is to invest it in different projects or coins. Bitcoin is the great coin, but not single.

True. Always have a counterpart or an alternative. Even millionaires is not putting all their business into one big thing, because what is something goes wrong? Always have at least 5 sources of income. If the other one didn't work well or had a problem borrow money from the other one and so on. you'll be drowning if you only have one business and you can't sustain when there is an emergency if you will be putting all your money into BTC. Make a set point of at least. %0 percent of your saving from your monthly salary will go to crypto.

Indeed it is sagacious to have diversified portfolio but you should invest as much as you can in bitcoin because no other coin is having potential of generating enough profit that bitcoin does. Even the eth that is so called best altcoin and worst competitor of bitcoin is not in the vicinity of bitcoin in generating profits. Stay diversified but keep bigger portion of bitcoin.

[DZU1410]

I believe that placing all of your funds in bitcoin is very risky. In our country it has not yet been accepted as a currency and I constantly need to exchange it for ordinary money.

[legendbtc]

I believe that placing all of your funds in bitcoin is very risky. In our country it has not yet been accepted as a currency and I constantly need to exchange it for ordinary money.

Nowadays placing all them into fiat currency is also not good. So we have to divert our money into different good which is available in the market because if we stick to one we might lose the value when the price of any coin decreases.

[Granxis]

These days are very critical because the christmas is approaching. Everyone thinks Bitcoin will be a price increase at the beginning of the year. so it would not be ridiculous to get btc with all our funds.

[Bianxee]

I believe that placing all of your funds in bitcoin is very risky. In our country it has not yet been accepted as a currency and I constantly need to exchange it for ordinary money.

That is a risk though and you have a good decision to exchnage it right after so if anything happens you already use the money instead of losing it and to spend the money that you have is not good that it might only lose.

[DIMKAZDS]

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 don't think that it would be a very wise decision to go all in and risk your whole life's earning into Bitcoins only or any other investment for that matter because DIVERSIFICATION is the only thing which can save you from the risks of market. CRYPTO market is very volatile and investment made only in Bitcoin is very risky.
If you want to invest, you can invest 25 percent of your wealth in Bitcoin and crypto and diversify the rest.

[ajqjjj]

These days are very critical because the christmas is approaching. Everyone thinks Bitcoin will be a price increase at the beginning of the year. so it would not be ridiculous to get btc with all our funds.

Why bro. If the value is increasing in the sense everyone will invest to it then why you feel fear about that. I don't have big assest since I am doing schooling now. If I own any I will definitely invest on bitcoin and start my career here itself. I will surely invest and open e-store with the bitcoin payment mode.

[lady Royal]

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.. ?

Well if you are thinking of putting all your money why don't you take a break and invest half of your money in Bitcoins?
Instead of risking all of your money you will have something at your back so, In case if you lose money you can earn it back with the money you have saved.
If I have enough money to buy 2-3 Bitcoins I will buy it and save it no matter its value drops down, at the end I know that bitcoin will rise.

[syberwolfen]

These days are very critical because the christmas is approaching. Everyone thinks Bitcoin will be a price increase at the beginning of the year. so it would not be ridiculous to get btc with all our funds.

Well said but this can go either way if you remember the period of Christmas and new-year in 2016 where everyone was predicting a huge price pump but end up with reduction in the value for bitcoin as it suffered a blow for first quarter of 2016 then gradually improved which was unexpected it purely depends on the demand and supply if the demand is high then bitcoin's value will increase if the demand is less and supply is more then bitcoin's value will be fluctuating and sometimes major corporate can play a vital role by investing in bitcoin and increasing its value.

[innocent93]

I would place all my funds in crypto currency, I'm not afraid that i would lose it because of the governmental policy and so on, my nightmare is represented by the hackers . They always have something on their mind and unfortunately, events related to crypto and hackers happened.

[meebs]

I have not invest all my money in bitcoins as it can be very risky to do so as no one knows where bitcoin will land in future and how it will perform and if price crash then it can be a major loss on our investments so the smart choice would be to put only a part of money in bitcoins as if price skyrockets in future then even a small investment can bring good results for you.

[Bonakid]

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.

No not to invest everything you have .You must invest a little bit and how about your expenses ?if you invest it all.Just invest the limit or excess on your money ,there must be a risky at investing but it also profitable when it terms in a long term.The price of bitcoin is flactuating and we did'nt know where it is high or going low but mostly I know it has a value that increases.

[francesyrus]

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.. ?

Its a BIG NO to put all your money on bitcoin, maybe you should invest some of your money but not all. Bitcoin investment is very risky its either you gain or lose. Maybe you should invest some into bitcoin and try to earn more BTC through bounties, signature/avatar camp, social media camp, etc you can also do solve captcha to earn BTC.

[alfs75]

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.. ?

Yes! if i have fiat  now i want to change it to bitcoin currency and i want to buy some other kind of altcoins and i want to start trading or mining,that why i joined in signature campaign to earn more bitcoin for the next step is to invest in trading or other kind of bitcoin earning.

[KesoNie]

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.. ?

Its a BIG NO to put all your money on bitcoin, maybe you should invest some of your money but not all. Bitcoin investment is very risky its either you gain or lose. Maybe you should invest some into bitcoin and try to earn more BTC through bounties, signature/avatar camp, social media camp, etc you can also do solve captcha to earn BTC.

I don't think its a good idea to put all your money in bitcoin. Put only some portion of your money is enough. Theres so much thing in life you must know. In fact, earning bitcoin is quite tough but you assured that it would make a geat profit but if you could avail 2-3 bitcoins and doesn't cost your whole money then go, and make it as your investment, make it grow.

[Souldream]

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.

No not to invest everything you have .You must invest a little bit and how about your expenses ?if you invest it all.Just invest the limit or excess on your money ,there must be a risky at investing but it also profitable when it terms in a long term.The price of bitcoin is flactuating and we did'nt know where it is high or going low but mostly I know it has a value that increases.

It really was something in life you must prioritize. Investing your all funds is not a good choice or idea.  How about considering your daily needs and expenses, how about considering the fact that some unexpected incident may happen. Put only a portion of your money, invest 20-25% of your money is enough I think, and make your 20-25% investment bigger by working on it and not by adding your investments by your own money you have already.

[crzy]

Definitely not all my money, simply because i believe on the principle of diversification and it is too risky to put everything here. For you not to loose big money spread it so the chance of loosing money will be lessen.

[Saezam]

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 have plan to put my 20 percent of my salary to buy bitcoin whatever price aince 6 months ago. Never sold it until bitcoin price at 10K. I hope that will happen soon..

[pungopete468]

Definitely not all my money, simply because i believe on the principle of diversification and it is too risky to put everything here. For you not to loose big money spread it so the chance of loosing money will be lessen.

Even bitcoin looks promising at a moment no one will take that huge risk of investing all money into it and if you do so then you are putting your money at huge risk as no one knows what will be the price of bitcoins in future so its always good to invest your funds at different places and not in a single one as if you loose you will loose everything at once and won't be able to recover your loss back.