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Author Topic: did you place all your funds into bitcoin?  (Read 123628 times)
coinplus
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November 06, 2017, 02:03:38 PM
 #1781

Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
Everyone has his point of view but there is a famous quotation that “Do not put all your fruits into one basket”. Investing in bitcoin is definitely a very good option but investing everything is not a smart decision. You need to have something in your pocket so that you can use it at the time of need and emergency. You can investup to 70% of all the savings you have into bitcoin. That is more than enough.
In my opinion, 50% is the maximum for Bitcoin, 30% for saving money and 20% for backup money will be better than invest without backup money for emergency situation. Do you want to sell Bitcoin with any price, even low price when you need to have money? Lips sealed

Guys, be a bit conservative. Bitcoin is super speculative investment. As much as I very much believe in it - be ready to lose everything. I don't there is no person ready to lose 50% or 70% of the savings. I would say - 10%, not more
You really have a point though. The thing is every investment is risky and then it is either you save in a bank and forget about any interest or just be ready to take the risk. However, like you said, putting all your funds in bitcoin is not realistic and at least every investor would tell you the best way to invest is to diversify so that even if something happens in one, you can always have something to fall back on.
weblaraveluser
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November 06, 2017, 02:20:39 PM
 #1782

I started bitcoins without any budget and i only earn altcoins through joining bounty campaigns, Its not required for you to use your funds, You can earn bitcoins by working on campaigns or services that ico's will be needed.
samputin
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November 06, 2017, 03:43:37 PM
 #1783

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 for investment but in my own opinion, putting  all your money in bitcoin is not too good specially when your not really knowledgable in bitcoin investment. That's why i suggest you that invest only what you can afford to loose. But if you really want to invest all just make sure that you have a knowledge enough and you already prepared. That's all thankyou.. hope it can help.

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xCryptoManiaX
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November 06, 2017, 04:07:52 PM
 #1784

No, I would never do this. I have choosen to keep only a part of my money in BTC.

AlphaWolf
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November 06, 2017, 04:33:27 PM
 #1785

I have put all of my funds into Bitcoin yes. It is crazy to think that all of it is backed up by this 12 word seed and a passphrase. Oh well I would rather have all my wealth backed up by something I can control, rather than something I can't control. People will keep losing faith in the government and would rather start doing something uncomfortable like learning about BTC, then keep having to use FIAT.

PRIMEBOSS
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November 06, 2017, 05:04:57 PM
 #1786

I can say yes but not for now I will convert my all money into different currencies not only bitcoin because I have search three four altcoins which values are growing rapidly and if we invest all our funds into only bitcoin there will be high risk for us in the future. But if we invest in other coins as well we will get benefit from few of them.
BlockchainCoder
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November 06, 2017, 05:19:07 PM
 #1787

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.. ?

theoretically, higher risk for higher profit. but if you afraid to lost too much in the BTC, then try to parallel buy and hold some golds, it will give you some relief when the BTC falls.  Roll Eyes

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Manchumichael
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November 06, 2017, 05:20:45 PM
 #1788

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.. ?

theoretically, higher risk for higher profit. but if you afraid to lost too much in the BTC, then try to parallel buy and hold some golds, it will give you some relief when the BTC falls.  Roll Eyes
Yes how much risk you will take that much profit you can make it is right, But putting our life in risk is not safe. so invest only how much you can afford don't invest full money.
Carmen01
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November 06, 2017, 05:25:22 PM
 #1789

No i think that is not good because its so risky i think i will invest some of my earnings here but not all for the secure of my money.I think invest here have big chance for profit also because the price is continue to grow day by day but what will happen if you experience like the china they leave bitcoin when you invest all your money

Md.Esamul Haque
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November 06, 2017, 05:56:23 PM
 #1790

I believe bitcoin is a good investment but I wouldn't suggest to put all your money into it. I also wouldn't suggest puting all your money into anything, not just Bitcoins.I think 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.You should not invest more then you can afford to lose.
laracastvue
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November 06, 2017, 06:17:39 PM
 #1791

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

I agree to that, Always make sure that you still have money in your pocket so you can recover when the coins value is at down time and its not necessary to place all your funds into bitcoins because you can work on bounty campaigns to earn alt coins.
Prince786
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November 06, 2017, 06:44:34 PM
 #1792

I will invest here and holding my bitcoin. I think the price will go up in the near future.Its not bad to invest but be sure to put up the money that you can afford to lose. I trust bitcoin completely. And he already made good money on it.
pinkpanther03
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November 06, 2017, 07:08:20 PM
 #1793

When I started into bitcoin, my pocket was empty and don't have any as in I am totally zero balance. So I started in bitcointalk forum where its my starting point to make life be change. Until I joined in the signature, which is I gain bitcoin because of the ICO which were I joined.
rickadone
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November 07, 2017, 11:00:46 AM
 #1794

Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
You must have made large profits and money by now if you are involved in bitcoin for last two years. Obviously why would you regret for investing all that you have into bitcoin when bitcoin is continuously increasing in prices? It seems that you have very good control over emotions and don not do panic selling like most of the bitcoin holders when prices are falling down.

The price of bitcoin will keep on increasing now a days for more than a 6 months time intervals. Before 6 months, the price of bitcoin is only 2550$.Now the value is 6350$.By comparing this price you can decide whether to inverse Bitcoin or not. I will suggest to inverse of bitcoin.
right now, those who have a bit of bitcoin in their wallets will regret it. because the current bitcoin price is so good to sell. well, but, I'm also a little sorry, because it does not have enough bitcoin in the wallet that I have. maybe the next one, i will save it.
No need regretting stuffs like that. After all, you can only afford to what you are willing to loose or what you know you can simply afford. Life is all about risk and so many people have taken huge risk and it paid them while some have taken huge risk and it did not, which is why calculative risks are always good.

Anything that would make me question my judgment is not good, and putting 100% of my fund in bitcoin, would make me question that judgment cause no matter how optimistic I am, it is a very high risk to take. No need being greedy!
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November 07, 2017, 11:06:25 AM
 #1795

no i think use 40-50% of your comfort level will be a better choice. at least u have some spare cash with u if u need to do others
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November 07, 2017, 01:38:27 PM
 #1796

Aiming for high profit in short being greedy most of the time will lead us to wrong decision. So its not an ideal to invest all your fund into bitcoin for you to have a huge profit. Remember the larger the amount the larger the risk.
As long as you received profit even small amount only  its already okay as long as you will recieved it continously.
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November 07, 2017, 06:51:38 PM
 #1797

No, I have divided my investment into all the major options. I have it with Bitcoin, Ethereum, Dash and few others. I have even funds for the upcoming ICOs, as they could be seriously rewarding in time to come, so a lot to gain with very little to lose! DFS is one of the BEST ICOs for me, with having got the free coins. I am also my own investment on the line now with 30% discount, so they are a truly spectacular option to get into.


I think i should save my money into the bank because its worth it compared to saving in a bitcoin. Investing all your money in bitcoins could be a very risky decisions. To sustain our needs in life it should a wiseman at all cause right now bitcoin is still not acceptable all over the world.
It all depends on each individual. However, there are some risk that if you really want to close your eyes and take them, it can really pay off. This is the reason why rich people will keep getting richer as they can afford to put a huge amount in any investment without being bothered about it.

Don't get me wrong though! Cause you have to play your cards smart, but if anyone feels they can stomach the risk, and go all in, I see no reason why. It has paid a lot of people in the past and who knows, it still might than putting all my money in the bank. Worst, I will start from somewhere else again.
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November 07, 2017, 08:21:08 PM
Last edit: November 07, 2017, 08:32:48 PM by supandi wiharja
 #1798

Although bitcoin is a digital currency that many people are interested in and a good investment place, but i will not put all that money in bitcoin.
I think when investing in any field, we have to be careful, because all investments have the risk of losing money.
Then i personally in bitcoin or in any field, i never invested all that money, because i realized that we must have or save money, in closing when my investment fails.

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November 07, 2017, 08:26:35 PM
 #1799

Yes, I've drained all savings in bank and invested in bitcoin a few years ago. Although had crashed and could make me a little stress. But finally my patience won the award as today. My money grown over x10 in 2 years.
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November 07, 2017, 08:27:44 PM
 #1800

I'm worried that after November 16th bitcoin will fall. What do you guys think?
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