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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
danjonbit
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October 26, 2017, 12:39:17 AM
 #1661

it will be a risky gamble, all your money means your money for daily expenses or even in emergency situation will be at risk, just invest on what you can lost and leave the money for emergency situation at the table. be wise on your decisions Smiley

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October 26, 2017, 04:14:08 AM
 #1662

Of course not. Always diversify.

Thats right. Problems may occur if we only do it for just one coin. A good trader never leave all in just one basket. Better to have something left outside of it rather than risking everything although the return will be higher, the lost could also be stronger with that high risk.
There is no telling when it could go down. No one really knows when it could happen.
That's right an expert trader didn't rely in only one kind of businesses instead they find another kind to be one of its investments likewise in cryptocurrency. We all know that bitcoin has a potential to make our return of investments trippled the value of your capital and yes it was assured that it could be but the risks that you may take is also higher. So if I am in that situation I wouldn't place all my funds in one kind of crypto but instead I would divide it and put some in ETH or any altcoins just for sure.

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October 26, 2017, 04:17:27 AM
 #1663

Must keep some reasonable amount of Bitcoin in your blockchain wallet as every body knows Bitcoin is in increasing trend every day some surges occurs but BTC again rise and make always new record so in my opinion if any body has some extra money buy BTC and keep it in safe Wallet for about 12 to 15 months.

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October 26, 2017, 04:33:38 AM
 #1664

I always advise anyone not to put your whole funds into one which is not advisable even it is very best in performance I mean even bitcoin also. We have a very bright future in Bitcoin so we should and much go with bitcoin to get big returns as it is the only crypto currency which has potential to give us benefit in future.

Mumbeeptind1963
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October 26, 2017, 06:17:24 AM
 #1665

That's right bitcoin surely has a great future ahead so we can afford to invest some part of our wealth in it to get higher profits in future but make sure that you don't invest all your money in it as the future is uncertain and anything is possible in future so its good not to put all money at a single place.

Yeah,bitcoin has high risk factor and also high profit rate,but who knows what is gonna happen in future so its better to invest half of your savings into bitcoins as just buy and keep it in long term.But surely the bitcoin is gonna be very very valuable in future and it is gonna make us rich soon.While we saw the statistics of bitcoin the growth rate is in increasing pace always when the demand gets higher still many people don't knows about bitcoin surely the price will be in peak while everyone uses digital currency.I hope the in the year 2040 digital currency will gonna be important in our life.So don't worry bitcoin will gives us good reap in future.
I won’t deny that bitcoin has a high risk factor but only in long term. It would be much better to just think about near future because it will save from a lot of overthinking. I also think it is useless to make big time taking plans because our life has no guarantee. Some people will find my point insane but this is the truth. That is why living in the present and planning for the near future is best and bitcoin near future is promising tremendous profits.
Just a half of you funds of your bitcoin you should invest its not good idea to invest all. Investment is risky but you can make a high profit when you in into it,and the other half is for you emergency needs. Atleast you have source of income and also you earning.

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Mumbeeptind1963
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October 26, 2017, 06:31:40 AM
 #1666

That's right bitcoin surely has a great future ahead so we can afford to invest some part of our wealth in it to get higher profits in future but make sure that you don't invest all your money in it as the future is uncertain and anything is possible in future so its good not to put all money at a single place.

Yeah,bitcoin has high risk factor and also high profit rate,but who knows what is gonna happen in future so its better to invest half of your savings into bitcoins as just buy and keep it in long term.But surely the bitcoin is gonna be very very valuable in future and it is gonna make us rich soon.While we saw the statistics of bitcoin the growth rate is in increasing pace always when the demand gets higher still many people don't knows about bitcoin surely the price will be in peak while everyone uses digital currency.I hope the in the year 2040 digital currency will gonna be important in our life.So don't worry bitcoin will gives us good reap in future.
I won’t deny that bitcoin has a high risk factor but only in long term. It would be much better to just think about near future because it will save from a lot of overthinking. I also think it is useless to make big time taking plans because our life has no guarantee. Some people will find my point insane but this is the truth. That is why living in the present and planning for the near future is best and bitcoin near future is promising tremendous profits.
Just a half of you funds of your bitcoin you should invest its not good idea to invest all. Investment is risky but you can make a high profit when you in into it,and the other half is for you emergency needs. Atleast you have source of income and also you earning.

.#1 DeFi for Bitcoin Platform.            ███   ███
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Flodemaga
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October 26, 2017, 06:49:04 PM
 #1667

In the past i had all my money into bitcoin, and i saw altcoins jumping into value and being pumped. Even knowing that all coins will be traded against bitcoin i had invested my money into 3 altcoins and i do have some bitcoin for any possible emergency since im building my emergency fund with fiat soo i can invest all my bitcoins into altcoins, wich i believe is under their real value.
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October 26, 2017, 07:02:37 PM
 #1668

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, never put all your money in one place, you never know what will happen in the future and it's very risky so try to diversify your investments. I myself still have some of my funds in the stocks. I put enough to trade crypto and so far it's good.

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October 26, 2017, 07:47:05 PM
 #1669

Put all your funds in just one investment is a big risky things that you should never do it.
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October 26, 2017, 08:23:16 PM
 #1670

No because I think its will high risk to put all my funds into bitcoin, I just put 50% on bitcoin and 50% on other bitcoin. I know bitcoin was profitable but to put all my funds its high risk for me. There are still a lot of unknowns with regard to the future success of Bitcoin.
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October 26, 2017, 08:57:49 PM
 #1671

it's not right to place all you have in one place , so 25% or 50% enough
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October 26, 2017, 09:03:39 PM
 #1672

Of course not. Always diversify.

Thats right. Problems may occur if we only do it for just one coin. A good trader never leave all in just one basket. Better to have something left outside of it rather than risking everything although the return will be higher, the lost could also be stronger with that high risk.
There is no telling when it could go down. No one really knows when it could happen.

I can remember the saying of the successful businessman Warren Buffet that "do not put all eggs in one basket" that's why it confirms to the statement of a good trader never invest in one currency. It's always good to have a buffer asset which you can use for other coins which will be use for trading altcoins to earn bitcoins, which you can do it with lot's of altcoins assets that is now pumping. The opportunity might give you reason to grow your profit and increase your bitcoin by the time all coins will rise it's value, then you can sell for a good price. You can choose not only one, but plenty of assets which you can decide to dump when it reached its acquired value.
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October 26, 2017, 10:15:20 PM
 #1673

it is rational decision that once you are going to invest don't invest all in the one place, must be a diversification of your investment it will helpful for you to secure financially.you make cost and benefit analysis once you are getting more than cost go there and Bitcoin is strongly accepted asset which will definately give profit  must invest in it as you can and diversify the remaining.

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October 27, 2017, 06:53:52 AM
 #1674

I always advise anyone not to put your whole funds into one which is not advisable even it is very best in performance I mean even bitcoin also. We have a very bright future in Bitcoin so we should and much go with bitcoin to get big returns as it is the only crypto currency which has potential to give us benefit in future.


Thats right. Crypto world,specifically bitcoin investment is so risky that is why it is not good tha t all money you have is place on it because we cannot predict what will happen.
It is good that when you have investment in bitcoin as well as in the real state and have something where you can get money while waiting on the good profit from investment.

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October 27, 2017, 09:58:51 AM
 #1675

I always advise anyone not to put your whole funds into one which is not advisable even it is very best in performance I mean even bitcoin also. We have a very bright future in Bitcoin so we should and much go with bitcoin to get big returns as it is the only crypto currency which has potential to give us benefit in future.


Thats right. Crypto world,specifically bitcoin investment is so risky that is why it is not good tha t all money you have is place on it because we cannot predict what will happen.
It is good that when you have investment in bitcoin as well as in the real state and have something where you can get money while waiting on the good profit from investment.

You can work and make money through your job, trading Bitcoin does not mean you need to give up your primary job. Trading Bitcoin is also like a second job or extra job when you have free time. The most important is can you keep your source of income stable every day?

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October 27, 2017, 10:10:46 AM
 #1676

Putting all eggs in one basket is too risky. You should put the some funds in different cryptocurrencies aside from Bitcoin. If in case you incurred loss, not all the funds will get affected. You can place your fund to top cryptocurrencies. Also, have time to read news about Bitcoin and other cryptocurrencies forecast and make plans where to place the funds.
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October 27, 2017, 10:43:06 AM
 #1677

No, and I am never gonna do that. Currently I have around 50% of my money in Bitcoin and other altcoins.

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October 27, 2017, 11:12:38 AM
 #1678

We have a bright future in Bitcoin so we much run with bitcoin to get big returns Bitcoin which can possibly potential give us in future. But not put your entire funds into cryptocurrency even bitcoin too.
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October 28, 2017, 02:42:30 PM
 #1679

No I didn't put all my funds into bitcoin. I put 50% into bitcoin investment and half into other business. I know bitcoin is profitable but to put all my funds into bitcoin I think this is high risk to me. Bitcoin price unpredictable to the future and  nothing can be guaranteed about the price of bitcoins, so I just put my half of funds into bitcoin.

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October 29, 2017, 06:37:35 AM
 #1680

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 my opinion, it is a very risky business. Although, At present btc is rising and prices are very high but who can be sure tomorrow will not have any changes to the btc price, make it reduce? If you want to invest in crypto, you should divide the amount you have for several different currencies. That will reduce the risk for your money.
There is famous quotation “Don’t put all your oranges into one basket”. This is what I think as well. There is no way that we can deny this fact that bitcoin is a very good way of investing your money but investing all money is not a good thing to do. You can invest a major portion of your income into bitcoin but still you need to have something in your pocket as your backup because you never know what will happen.

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