mustbaro
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November 01, 2017, 12:58:16 PM |
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As newcomer in world cryptocurrency. I am just invest about 0.3btc. And that too i use for trading on a popular exchanger used by members here. Maybe when i have really understood situation, I will increase investment up to 3btc.
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cinchin
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November 01, 2017, 02:33:52 PM |
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As I am conversant with the volatile nature of bitcoin so I don't place all my funds into it . Due to it's volatility there is always a fluctuation in it's price .Sometimes it rises and sometimes there is a huge drop in it's price .So investing all your funds into it is always risky. We should invest in Bitcoin smartly as we cant predict that what will happen next in this market.So, I always invest half of my funds into it and keep the rest as my savings which i can use when i need them.
- I agree with you, investing in Bitcoin will also have certain risks, so we should not risk putting all our money into Bitcoin, although I know investing in bitcoin is great, we may regret when we look at the price of bitcoin in the future but we should still think about the worst situation, nothing is absolutely certain, safety is above all - Invest half and save the remaining half is a reasonable choice, we will still make a profit and still have some money to spend on emergency situations, and still be able to limit the risk. If we have analytical skills and experience in the market, we will be able to make a lot of profit through trading, no need to put all the money into bitcoin, make money is based on the capacity of each person, much money or little money will only partially affect profits |
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margarete11
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November 01, 2017, 03:05:21 PM |
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nope I actually put it up on wide variety of altcoins that I personally think has a potential , placing all of it on bitcoins was not a good idea for me I could actually triple or double my money within a week on a certain altcoins. I suppose it was not applicable to bitcoins so I tried it on altcoins some works and on some I lost . It was very risky but I think it was worth it considering how big the returns I could probably get from there.
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Ann Impas
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November 01, 2017, 03:23:39 PM |
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I'm also thinking to put most of my fund in BTC but still prefer to have a safety net just in case something happen. But if you really have a good amount of money to invest in bitcoin, then go ahead.
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greeklogos
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November 01, 2017, 03:27:11 PM |
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You aren't the first who think about it. I count it as gambling with high risk. Yes, people invest a lot in bitcoin even with those high price as today, but I would not do anything like that ever. But if your balls are strong enough do it  |
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nhoj25
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November 01, 2017, 03:29:16 PM |
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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.. ?
I think risking all your wealth on bitcoins is not a good idea.  |
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Aikidoka
Sr. Member
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Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
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November 01, 2017, 04:14:19 PM |
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I would not recommend that because the price is so expensive. I suggest that you wait a bit until the price goes down then take that opportunity to buy some bitcoins. Do not spend all your funds into bitcoin because it is risky. In other words, make some for some.
I personally have not reached that level yet. But if I am going to do it, I will need to have lots of money up my sleeve because you cannot purchase something when you have nothing. Added to that, I will need to keep an eye on any change of the price.
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howtobuy
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November 01, 2017, 10:45:52 PM |
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I'm also thinking to put most of my fund in BTC but still prefer to have a safety net just in case something happen. But if you really have a good amount of money to invest in bitcoin, then go ahead.
I don't know what figures you are talking about, however, never invest most of your funds in one asset, especially something so volatile as bitcoin. You must think before - am I ready to lose all my investment? You should not invest more then you are ready to lose |
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mast3rm1nd
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November 01, 2017, 11:15:54 PM |
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Bitcoin is at an ATH buying now is a mistake in my opinion. you should wait till the price falls below 6k. but there is no telling that would happen.
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mx667
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November 01, 2017, 11:34:03 PM |
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I would not recommend that because the price is so expensive. I suggest that you wait a bit until the price goes down then take that opportunity to buy some bitcoins. Do not spend all your funds into bitcoin because it is risky. In other words, make some for some.
I personally have not reached that level yet. But if I am going to do it, I will need to have lots of money up my sleeve because you cannot purchase something when you have nothing. Added to that, I will need to keep an eye on any change of the price.
I do not keep all my money in Bitcoin. I just save 50% of my money to Bitcoin. That's because I have to pay bills and buy food every day. So than all I bet, I'd better save some in cash or local bank. So when the Bitcoin price rises or falls, I do not lose. You should not invest all your money, just keep some of it in the local bank so that if you lose, you still have money. We do not know what will happen in the future. Especially with the Bitcoin future is erratic and the price is up and down. Never bet on something you can not bear. My advice is not to scare you, but just to prepare for any possibilities. |
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nasibakar
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November 01, 2017, 11:38:23 PM |
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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.. ?
It is risky and you have to be very carefull It is wise to invest in an amount that you ready to loose. Dont put them in Bitcoin, There are other, split it Welcome |
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corybrackett
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November 01, 2017, 11:46:30 PM |
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Don't put all your funds into Bitcoin, investing everything will lead you to the threat of money things. So don't put yourself in dangerous when you're safe.
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cryptokitty
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Merit: 100
Global Blockchain Solution For Transportation
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November 01, 2017, 11:48:22 PM |
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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.. ?
It is risky and you have to be very carefull It is wise to invest in an amount that you ready to loose. Dont put them in Bitcoin, There are other, split it Welcome I guess, that is right, split your saving into other investment. Putting your investment in one place is too risky. To be more safe, done it with 50% or less. |
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Aspire68
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November 02, 2017, 05:25:43 AM |
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It is necessary to minimize the risk to my investment more than the profit I would make.
Though it has been legalized in japan. Still it is not a good enough reason for me to put my life savings in bitcoin. Diversification is key and it would be a good idea to investment into many coins. It may not benefit from bitcoin's rapid rise. However, I still prefer stay secured than losing all at once.
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fabrizoc
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November 02, 2017, 06:42:22 AM |
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I did not, I have savings that I need to keep in case of emergency or to support me if needs be, I have only invested a small amount initially and will potential invest more in the future as and when I have more spare income. It is always sensible to hedge your bets in my opinion and spread your risk.
There is a famous quotation “Do not put all your fruit into one basket”. So if you want to be successful in your life, then you have to plan the things very much wisely so that you can earn more money. Investing in bitcoin is no doubt very good thing but anything can happen in the future. So you need to have something in your pocket so that you can face the conditions at the hard times. |
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corybrackett
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November 02, 2017, 07:47:11 AM |
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Put all your funds in Bitcoin maybe a smartest choice i have ever seen, cause Bitcoin can't lose their valuable so why not ? right ?
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sayemcse
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November 02, 2017, 09:45:58 AM |
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Bitcoin is very good for investment but why should you do it??
you can invest some money but not whole money.
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beezunus
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November 02, 2017, 12:33:12 PM |
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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 it's better not to put all the money into bitcoin because it would risk big loss if you're out of luck in bitcoin. |
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Vilagra
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November 02, 2017, 12:38:24 PM |
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I think you should read more about investment and be careful as nobody knows for sure if bitcoin is solid or it is just a bubble
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naidray
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November 02, 2017, 02:56:18 PM |
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I always believe in diversifying my portfolio by investing my money in different products to minimize the risk of loosing money and bitcoin is a big risk to put all your money in it as the future of bitcoin is unpredictable and anything is possible in future and if bitcoin disappears then I will be loosing all my money at once
The way I see it now, it does not really seem the future of bitcoin is not possible anymore. World powers are trying to see how they can make the best use of it and regulate it and that is something that would not die anytime soon except everyone just wants to back out. Yes, we cannot know what happens in the next future, but with all the recent developments, I guess the future is possible and holding in bitcoin is less risky than we once had it. |
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