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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
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November 12, 2017, 07:14:30 AM
 #1841

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 that's not a good idea to invest all your money into bitcoin, who knows what happens in future so better plan well before investing.

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November 12, 2017, 11:55:32 AM
 #1842

To make more profit more knowledge and learning is better because of you have this you know when is the right time to sell and buy.
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November 12, 2017, 02:06:57 PM
 #1843

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.

I think that  right now the Bitcoin price is low enough to buy. From now on it will rise again.
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November 12, 2017, 02:16:44 PM
 #1844

I think if we want to become a true investor, we should know the first rule of investing is do not put all the money in one place.

Exactly these are golden rule of investment that we should never put all the capital in one place and always invest in multiple domain and sectors then compare the stability and growth and based of that proceed further.

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November 12, 2017, 03:06:53 PM
 #1845

I think if we want to become a true investor, we should know the first rule of investing is do not put all the money in one place.

Exactly these are golden rule of investment that we should never put all the capital in one place and always invest in multiple domain and sectors then compare the stability and growth and based of that proceed further.
That is what should always be thinking by the people because that is the best strategy to do by a person. If you will distribute your money into different sources of income then you will get a lot of benefits from that like less risk and more possibility to earn more money since you already scattered your money into different opportunities.

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November 12, 2017, 03:38:24 PM
 #1846

I think if we want to become a true investor, we should know the first rule of investing is do not put all the money in one place.

Exactly these are golden rule of investment that we should never put all the capital in one place and always invest in multiple domain and sectors then compare the stability and growth and based of that proceed further.
That is what should always be thinking by the people because that is the best strategy to do by a person. If you will distribute your money into different sources of income then you will get a lot of benefits from that like less risk and more possibility to earn more money since you already scattered your money into different opportunities.

Yes i agree with our statement as dumping all your capital at one place is not a smart choice as it can either make you or break you.

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November 12, 2017, 04:26:14 PM
 #1847

Truly, Don't do it. You have to place only like 5% of your capital and consider this money as "lost" If you don't want to make a nervous breakdown.
Furthermore, the recent revelation about the energy consumption of bitcoin (https://motherboard.vice.com/en_us/article/ywbbpm/bitcoin-mining-electricity-consumption-ethereum-energy-climate-change) may slow down the global adoption since it can have a serious impact on climate changes. So you have to diversify your investments in many different crypto.
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November 14, 2017, 12:01:46 PM
 #1848

I think if we want to become a true investor, we should know the first rule of investing is do not put all the money in one place.

Exactly these are golden rule of investment that we should never put all the capital in one place and always invest in multiple domain and sectors then compare the stability and growth and based of that proceed further.
That is what should always be thinking by the people because that is the best strategy to do by a person. If you will distribute your money into different sources of income then you will get a lot of benefits from that like less risk and more possibility to earn more money since you already scattered your money into different opportunities.
You are right but it is only right at first time, after a long time, a person can focus in a field will be better than those who people investing in many fields. Because this person can manage its work easily within short time. Then, they have a strong position in its job and can use free time to try other fields. Unlike those who people choose to joining many fields at first time, they just get more troubles.
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November 14, 2017, 08:13:54 PM
 #1849

Placing all your funds into bitcoin is not a wise decision, at least to me. I bet on many alt coins that I can find and I trade as well as invest into them for 2 to 3 years time frame. You can make more returns by investing into good alt coins than simply holding bitcoins. put all the funds into bitcoin was quite risky because bitcoin is not legal payments but to grow bitcoin is a currency that has a good future, according to many predictions.
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November 16, 2017, 11:31:34 AM
 #1850

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
Don’t wait mate because bitcoin is unpredictable and its prices rises in hours and you are waiting for whole 24hours and maybe people buy so much in this time that price goes up and you remain empty handed so invests in now and start achieving and I have already suffers one of my decision I also preferred waiting but on the next day prices were 1000$ above so think about it and take decision wisely choice is all yours.
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November 16, 2017, 11:42:37 AM
 #1851

I started buying bitcoins but not all my funds because i am just
a beginner in the industry, eventually i know i could invest more
and bigger.
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November 16, 2017, 11:50:35 AM
 #1852

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. That thing never enter in my mind. It not just risky, it is very risky. I / we are not sure to what will happen to bitcoin right after we convert our money or in the long run. We all know that bitcoin has no constant / fix price. It is good thing if it rises, but what are we going to do if the bitcoin price goes down and keep going down? In order to have a bitcoin, I will just work for it to be able to earn some and that is what I am going to use to make more money like trading and investing. So even though bitcoin falls or rises I know my money is safe.

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November 16, 2017, 12:08:48 PM
 #1853

Truly, Don't do it. You have to place only like 5% of your capital and consider this money as "lost" If you don't want to make a nervous breakdown.
Furthermore, the recent revelation about the energy consumption of bitcoin (https://motherboard.vice.com/en_us/article/ywbbpm/bitcoin-mining-electricity-consumption-ethereum-energy-climate-change) may slow down the global adoption since it can have a serious impact on climate changes. So you have to diversify your investments in many different crypto.

Yeaaa never be a good idea to place the whole fund you have in bitcoin , too risky even has high potential rewards.
No matter if you do know that circumstances that when you do allin you might get better profit , still wasn't good idea.
Why ? If it was your first time investment you will get hurt because i believe you cannot afford to lose that.
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November 16, 2017, 12:19:56 PM
 #1854

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.

Indeed we must set proper financial independently, because if we are not thinking about the future or things can indeed provide a negative impact in the future it is a great loss. perfect if you do so, because we still have a hope to still go further when facing a problem elsewhere. Bitcoin is indeed profitable and so does altcoin, but if you don't have a plan for dealing with the possibility of the worst that can happen in the cryptocurrency then a major disaster we can get.
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November 16, 2017, 12:36:47 PM
 #1855

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.. ?

Well if you are a risky person or somewhat a trader , i do suggest do trading but if you dont want to risk your money then do proceed to hold it , without any risk just only patience and enough time you can earn profit. Holding bitcoin is a passive income so it could be the best investment over the time, so its up to you , if you hold or trade. As my self i do trading so i didnt put all my funds into btc.



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November 16, 2017, 01:20:29 PM
 #1856

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.. ?

Well if you are a risky person or somewhat a trader , i do suggest do trading but if you dont want to risk your money then do proceed to hold it , without any risk just only patience and enough time you can earn profit. Holding bitcoin is a passive income so it could be the best investment over the time, so its up to you , if you hold or trade. As my self i do trading so i didnt put all my funds into btc.
Having bitcoin autimatically participate you to trade by means of buying it on low price and selling it on a much higher price , you cannot put away trading on bitcoin because it was always there but I agree with you that holding a bitcoin for long term was a good idea and have a lower risk and will give you a higher profit in the future but still trading will always be there
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November 16, 2017, 01:21:50 PM
 #1857

No, always have a reserve fund in case something happens.
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November 16, 2017, 01:39:54 PM
 #1858

Never put all your eggs in one basket and same goes with investing money only in bitcoins too, if you put all your money in bitcoins and if price crashed tomorrow then you will be going through big loss so its better to invest only a part of your wealth in bitcoins and rest save it for the future for the uncertainties and if bitcoins goes well then it would be a win win situation for you.
i agree with what you have said. it really is too risky in investing only in one investment because we will never know what will happen next. though bitcoins is a really good investment but we cannot say if the price will stay that way in a long run.
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November 16, 2017, 01:41:44 PM
 #1859

Never put all your eggs in one basket and same goes with investing money only in bitcoins too, if you put all your money in bitcoins and if price crashed tomorrow then you will be going through big loss so its better to invest only a part of your wealth in bitcoins and rest save it for the future for the uncertainties and if bitcoins goes well then it would be a win win situation for you.
i agree with what you have said. it really is too risky in investing only in one investment because we will never know what will happen next. though bitcoins is a really good investment but we cannot say if the price will stay that way in a long run.

Still find time to diversify your savings, it's not good to put all at once, there are some potential alts that can be a help as well as having physical business too.
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November 16, 2017, 02:00:54 PM
 #1860

Spending all money in any invesment are risky..be wise in spending money eventhog investing..
Bitcoin is very volatile just like forex trading...cmiiw
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