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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
uray
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November 10, 2017, 11:59:01 PM
 #1821

yes i invest almost half my money i own in real life cause i believe in bitcoins
There is nothing wrong in believing in bitcoin but make sure that you monitor everything and follow the market carefully and book your profits accordingly,if not you wont end up in a profit even if you have invested n number money into it. Tongue I am not a person who puts everything into one basket but i do my trade carefully.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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arthotdog
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November 11, 2017, 12:38:30 AM
 #1822

No im not,first i need to make sure of my funds that would be safe till i die for my family.i need more secure vaults in which banking system.although crypto has a most secure funds but yet this is virtual..and we dont know what will happen in future so better be transfarent for what would happen.thats why i dont put all my funds here in bitcoin
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November 11, 2017, 12:54:25 AM
 #1823

Of course there is a risk in putting all your money to btc. But the good thing about it is that when the price go up,  you will gain big time. That's yhe risk return trade off. The higher the risk,  the higher the return.

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Shishir99
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November 11, 2017, 11:42:39 AM
 #1824

I think keeping 50% of the money in bitcoin is most wise decision.
Remember the quotes don't put all yor eggs on one basket.
And other 50% of the money should invest in potential altcoin that can give high amount of return in little time.
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November 11, 2017, 01:40:48 PM
 #1825

Yes, certainly. Look at the Bitcoin price now. It is low enough to buy. It will rise again soon when many people realize that.

I agree with you  but will wait another 24h to buy Smiley
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November 11, 2017, 02:11:18 PM
 #1826

very interisting question. I invested  of my funds on bitcoin a few weeks ago and i'm very grateful that bitcoin prices are still soaring. So i can enjoy the big advantage.
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November 11, 2017, 04:24:28 PM
 #1827

i remember something about this topic. a saying that says this... "dont stare on a single tree, look at the whole forest!" in this case you saw the potential of growing your money investing all of it in bitcoin, but you still think of the risk ahead. let me tell you this, cryptocurrency is know now a day, and there is so many ways to grow your money using it. i think, its better not to invest on one single system. cause if it takes so long for you to wait the bitcoin high value on it. atleast in the other hand you still have another investment to work on too.

tangbori
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November 11, 2017, 05:54:04 PM
 #1828

No I invest in both bitcoin and Altcoins I don't think its safe to put all fund in only one crypto.
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November 11, 2017, 06:05:28 PM
 #1829

I invested all money didn't use on bitcoin. Although, it can be said little late to enjoy the moment as today. However, I am still happy get little profit when i just joined a month ago.
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November 11, 2017, 06:15:48 PM
 #1830

I think keeping 50% of the money in bitcoin is most wise decision.
Remember the quotes don't put all yor eggs on one basket.
And other 50% of the money should invest in potential altcoin that can give high amount of return in little time.

I didn't put all my money in bitcoin.

I find this very risky and seperating my budget is the best way to obtain a risk-lowered portfolio. It's like having different coins and tokens on our portfolio. Making variety of coins is the best.
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November 11, 2017, 07:06:42 PM
 #1831

Although Bitcoin can help you get much profit, it is very risky if put all the eggs in one basket. The maximum investment rate should be about 60%.

marseille
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November 11, 2017, 07:31:37 PM
 #1832

Bitcoin is good as an investment at a moment but we cannot afford to take a risk of investing all money at a single place as still there is a big question mark on the future of bitcoins and anything is possible in future and if it goes in opposite direction then we may loose all our money in no time so to be on safer side its always good to invest only a part of money in bitcoin and rest can be diversified in other investment products to minimize the risk.
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November 11, 2017, 09:45:57 PM
 #1833

Bitcoin is good as an investment at a moment but we cannot afford to take a risk of investing all money at a single place as still there is a big question mark on the future of bitcoins and anything is possible in future and if it goes in opposite direction then we may loose all our money in no time so to be on safer side its always good to invest only a part of money in bitcoin and rest can be diversified in other investment products to minimize the risk.

I totally agree with you ... I will try to diversify in other coins to minimize the risk. Just need to choose the right altcoins Smiley
Hanako
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November 11, 2017, 09:49:19 PM
 #1834

Bitcoin is good as an investment at a moment but we cannot afford to take a risk of investing all money at a single place as still there is a big question mark on the future of bitcoins and anything is possible in future and if it goes in opposite direction then we may loose all our money in no time so to be on safer side its always good to invest only a part of money in bitcoin and rest can be diversified in other investment products to minimize the risk.

I totally agree with you ... I will try to diversify in other coins to minimize the risk. Just need to choose the right altcoins Smiley
Yes better to have also in other coins than to have only your money in one place hehe better to choose another coin that will replace your losses in bitcoin. Because when bitcoin down altcoins will up
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November 11, 2017, 11:04:44 PM
 #1835

Yes, certainly. Look at the Bitcoin price now. It is low enough to buy. It will rise again soon when many people realize that.

I will wait because not sure about rising of Bitcoin right now. Of course it will rise but  after sometime. Bitcoin already so high and have to be corrected soon
Increased price of bitcoins, that is are fact from issued a new coins by harfork. But it was cancel for segwit. So bitcoin probably will be drop more if some one trying sell a whale funds. But on other side, a crypto bitcoins has tried used for a few company like amazon market. they have a bounty 3 domains about crypto. Then how about put your coins on this situations? 
Placing all funds into bitcoin is not a good idea, because we can't says if the bitcoin value are continuously increasing in the market. But I placed some of my cash into my wallet because it seems price of this bitcoin are going to $8000.
Maybe the better I can do to assure my income is, I just roll over it when my cash earned income into bitcoin.
Yes it is not good idea to set all your funds in bitcoin. Some are just lucky when they place there funds before the price grows that high. They already gain huge profit. Make sure that you place what you afford to lose because if you are afraid of the dumps it will turn you to lose your money.

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November 11, 2017, 11:10:01 PM
 #1836

For me it is your good decision that you invested your money in bitcoin because the price of bitcoin is now increasing rapidly .
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November 11, 2017, 11:36:14 PM
 #1837

it will be completely insane should you invest your money in one place. Try to split it into many components that can be used for many purposes and many investments. I have spent my money to a lot of cryptos and produce a good amount with this
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November 12, 2017, 03:01:52 AM
 #1838

Nope, i didn't put all my funds to bitcoin, only 60% of funds and the 40% was invested onto altcoins i did this because i want to minimize the risky of investment and sometimes it is more profitable investing altcoins than bitcoins.
Blondy12
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November 12, 2017, 03:44:03 AM
 #1839

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.
absolutely correct most especially because cryptocurrency is not that stable, there are ups and downs in prices and just incase there will be an emergency and need a big amount of money, selling of bitcoins right away is at risk. what i always do is 50/50 all the time, a half for bitcoins and a half for my daily expenses and for emergency purposes.
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November 12, 2017, 06:40:03 AM
 #1840

In as much as bitcoin or crypto currency in general is a promising investment opportunity, it is not economically advisable to invest all your money in just one investment opportunity for that will be dexerstrus when anything negative happen to the investment, so it is not advisable.
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