Shanmatthew
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Merit: 10
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November 03, 2017, 12:05:28 PM |
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definitely no. Not all my funds is investing on bitcoin. I really love to altcoins unless to bitcoin . I love to compete other traders around the world. I invest in bitcoin a little but not totally all my funds.
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FulxilCoris
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Activity: 123
Merit: 11
www.fintropy.io
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November 03, 2017, 01:55:19 PM |
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If i follow you to put all my money on bitcoin. I would be rich now
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JTASSOCIATES
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November 03, 2017, 02:31:06 PM |
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Placing all fund into bitcoin is not bad idea. What I suggest or if I am in your place I always prefer to invest in many parts so each other can support to increase the income nothing is guaranteed in life anything can happen so we should keep the back up fund to support in the necessary times. As of know Bitcoin is doing well so we place 50% of funds can be invested in Bitcoin and others you can trade also.
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Hassan02
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November 03, 2017, 03:25:08 PM |
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Placing all fund into bitcoin is not bad idea. What I suggest or if I am in your place I always prefer to invest in many parts so each other can support to increase the income nothing is guaranteed in life anything can happen so we should keep the back up fund to support in the necessary times. As of know Bitcoin is doing well so we place 50% of funds can be invested in Bitcoin and others you can trade also.
yes dont put all eggs in just one basket , this is just the typical thing that we must gonna do let your funds spread so if there is one fail this is not may hurt you so much. Right thing to invest in bitcoin but putting all is not as good as you know.
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AicecreaME
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Activity: 2450
Merit: 455
OrangeFren.com
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November 03, 2017, 03:27:45 PM |
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I don't just put money in the bitcoin however I also put my money in other coin
This would be a better idea on investing because we can never know if how the certain coin we have invested will go so it's better to invest on different coins than just staying in just one coin. Do not put all our eggs in just one basket. If i follow you to put all my money on bitcoin. I would be rich now But you could be broke too if bitcoin hasn't been successful to increase it's popularity and price and its uniqueness.
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SirgulioB
Full Member
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Activity: 477
Merit: 102
Radix-The Decentralized Finance Protocol
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November 03, 2017, 03:28:06 PM |
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Placing all fund into bitcoin is not bad idea.
After buble dump is possible. I think this year we have great buble on bitcoin.
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Mapagmahal
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November 03, 2017, 03:36:16 PM |
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It's not a good idea to put all your funds in bitcoin unless you are very rich and don't afraid of losing but if you want to minimize the risk you must spread your money in different investment. Don't just focused on bitcoin but rather open your eyes to altcoin too just like what i did. I put some on altcoins too.
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i use to be a hunter
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Prince786
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Merit: 10
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November 03, 2017, 03:41:12 PM |
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if good backing to fulfill daily needs is not there then surely on emergency users will suffer. So need to decide accordingly.
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KingdomHearts
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November 04, 2017, 09:34:16 AM |
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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. That really depends on you. When you are moving with plans to make more money and you don’t need to get your focus divided then you must put all your belongings and investments in bitcoin. But scenario will be changed when you want more volatile profit sources then surely you must have to put your money in different sources. Better is to make your choice, and enjoy.
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Botnake
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November 04, 2017, 11:05:05 AM |
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It seems too risky to save bitcoin with all your money. Because for me the digital world is very risky, let alone the government does not support this bitcoin development. so you should be smart using your money for this bitcoin.
That's true, investing in bitcoin is a high risk investment so you can lose all your money if this will fail. Bitcoin will most likely gonna succeed more but we don't hold the future and that is why there is a risk because the possible of failure could happen.
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ivanst776
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Merit: 1003
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November 05, 2017, 03:49:28 AM |
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definitely no. Not all my funds is investing on bitcoin. I really love to altcoins unless to bitcoin . I love to compete other traders around the world. I invest in bitcoin a little but not totally all my funds.
Yes, everyone has his or her own choice. You do not like to invest in the form of bitcoins much rather you prefer to use the altcoins for this purpose it is obviously dependent upon the choice of the user that which cryptocurrency he would like to use when it comes to investment saving in the wallets or trading. As far as my personal interest is concerned I also fear converting my whole funds into the bitcoins because it is somewhat dangerous due to the price fluctuation issue.
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Jedzkie050617
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Activity: 476
Merit: 11
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November 05, 2017, 04:52:55 AM |
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Placing all fund into bitcoin is not bad idea.
After buble dump is possible. I think this year we have great buble on bitcoin. No, I didn't place all my funds into bitcoin. Even if its already proven through many years you should, set aside a money for your daily basic needs. Well, if you have a lots of money to invest for bitcoin its a good thing because in the future it will be a good profit.
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rxone
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Merit: 10
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November 05, 2017, 12:08:30 PM |
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Putting all your liquid funds into BTC is a surefire way to totally screw yourself over, and would put you in the bracket of "high risk" investors. I suggest you diversify instead of doing this...
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KaliLinux
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November 05, 2017, 03:28:51 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.. ?
Make sure if you are afford to lose. This is not like bitcoin may go down. Trading strategy should be like that in order to manage your loses as well You should never do that. If your funds are not depends on any personal expenses then you can invest. According to present market trend you can invest something minimal.
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DrGuns4Hands
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November 05, 2017, 03:34:46 PM |
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yes i'm putting all my salary in bitcoin because I still have another source of income which is my coffee shop so investing for a long term in bitcoin is one of the reason why i have a coffee shop right now and also have a car and condominium unit. But always remember that there's always a risk on investing.
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ifyousmell
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November 05, 2017, 04:13:51 PM |
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I also advise you to diversify the holdings you have, there is always more risk to put all your money in one coin, it is risky
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zmkriel
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November 05, 2017, 04:23:01 PM |
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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.
that is true. that is a very risky decision, i will suggest to put atleast half of the money in bitcoins for future needs but putting all of it is not a good idea. even in putting up a business, it needs to spare atleast half of the money to yourself.
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conected
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November 05, 2017, 04:36:27 PM |
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yes i'm putting all my salary in bitcoin because I still have another source of income which is my coffee shop so investing for a long term in bitcoin is one of the reason why i have a coffee shop right now and also have a car and condominium unit. But always remember that there's always a risk on investing.
- If you have a different source of income and it can help you pay for the expenses of your personal and family life, put all monthly salaries in Bitcoin is not a big problem because it does not affect your life too much. However, you also need a clear plan and specific strategy because the price of bitcoin is gradually increasing over time, we need to calculate the risk in it and determine the right price for us to invest, should not buy at too high prices, that only made our money into a situation more dangerous, personally, I think you should stop investing in bitcoin, risks are becoming greater, if it collapses, you will lose a lot of money
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hersey27
Newbie
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November 06, 2017, 10:16:29 AM |
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Investing on bitcoin is a good idea but putting all your money in it ? I think it is a big No No You should first thing of some possible result before you make your move. So wouldnt end up wasting all yiur money and effort.
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hersey27
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November 06, 2017, 01:56:15 PM |
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Even though investing on bitcoin is a good idea i wont risk all my funds investing on it ..maybe just enough amount step by step..fosr the continuous earning
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