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Author Topic: did you place all your funds into bitcoin?  (Read 123631 times)
anga3636
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November 20, 2017, 04:28:00 AM
 #1881

For me it's still too risky to place your money in bitcoin, firstly because bitcoin is fluctuating it goes up and down throughout the days, it is still wise to have some real money on you just in case of some emergency happened, you can use it immediately and besides bitcoin is not all that stable now and it depends solely on the internet, so when the internet decides to shutdown your bitcoins can be also shutdown.
No I will never place my all fund in one place but I will place my fund in some different places so I face any issue from one place then I will recover it from other place easily and this is the rule of all success investor as well.
stepwilli
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November 20, 2017, 09:01:39 AM
 #1882

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.
This is really a very good approach. It is often said that do not put all your fruits into one basket. I invest 70% of my total earnings into bitcoin. The remaining 30% of the amount I used to keep in my account as my savings. This is just because of the reason that you can need money anytime and especially in the case of emergency. Investing a major portion of your income into bitcoin is a very good option but not all your investments.
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November 20, 2017, 09:32:27 AM
 #1883

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.. ?

everything must be at risk, I will not put all the money in only one place I will put in some other place too so if I lose, I still have investment in other places so I will not lose all my money
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November 20, 2017, 09:38:59 AM
 #1884

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.. ?

everything must be at risk, I will not put all the money in only one place I will put in some other place too so if I lose, I still have investment in other places so I will not lose all my money

If we put all our money in one investment sure it's a risky thing because if we lose our investment we lose 100% of our money. However if this one investment become success we will have a high profit for taking the risk and that is the good side. Only if we are not afraid to lose that money but the best thing to avoid risky it all we must put it on different investment place. As you said if we lose one investment we only lose one and we have remaining investment.

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November 20, 2017, 01:19:51 PM
 #1885

I invest a certain part of the money into the BTC. Then I set the goal, lets say to get 100% profit. And then I pull the basic investment back.
There is a famous saying that “Do not put all your fruits into one basket”. This is what exactly I think about investing of money. Investing in bitcoin is no doubt the best thing to do but investing all your funds can result otherwise as well. You need to be very much careful while making this decision. Invest a major portion of your income but save few amount of money as well.
duongdaiduong
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November 20, 2017, 01:43:14 PM
 #1886

yes, almost 70% of my assets are in Bitcoin and only 30% in altcoin because I am sure Bitcoin can increase very high in the coming time and people should invest heavily in Bitcoin as investors are penny More Bitcoin buying
kriptotr
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November 20, 2017, 04:05:03 PM
 #1887

I invest a certain part of the money into the BTC. Then I set the goal, lets say to get 100% profit. And then I pull the basic investment back.
There is a famous saying that “Do not put all your fruits into one basket”. This is what exactly I think about investing of money. Investing in bitcoin is no doubt the best thing to do but investing all your funds can result otherwise as well. You need to be very much careful while making this decision. Invest a major portion of your income but save few amount of money as well.

I never go all with bitcoin. It's a wrong decission. The risk is high when all money in only one coin. This is valid for only ethereum investment types as well. We need various type of coins in the portoflio.
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November 20, 2017, 04:33:20 PM
 #1888

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.. ?

everything must be at risk, I will not put all the money in only one place I will put in some other place too so if I lose, I still have investment in other places so I will not lose all my money
No way,  I never invest all my funds into bitcoin, even though if I get reasonably good  profit from it, as trading is unexpected no one can give guarantee about profit in trading, so to be in the safer side invest part of the income in the bitcoin, then again the share whatever I get from the bitcoin again invest back, that is the better way.

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Sihab76
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November 20, 2017, 04:53:53 PM
 #1889

Bitcoin is a very good investment but it's also not inherently stable.  You never really know where it's going to go, or what opportunities are going to appear to you.  My advice to anyone is not to put all your eggs in one basket out of FOMO, because for all we know it goes wrong and you lose all your money, then you have nowhere to go.
May be right. But Bitcoin is very popular of all levels of cryptocurrency. Many people maximum show interested in Bitcoin because of more profit. Now bitcoin price is so high.  The traders get more profit because the hold Bitcoin at a lower price then sell it at a higher rate. So they keep their fund in Bitcoin.
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November 21, 2017, 06:06:05 PM
 #1890

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 I didn't. I didn't invest any money in bitcoin. I earn my bitcoin through joining campaigns or airdrop. I really think that it is the best way to earn a lot of bitcoin. If ever I will invest on bitcoin, I will not invest all my money because investment is risky even though bitcoin investment can really provide you a lot of income. Always invest the amount of money that you can afford to lose.

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Trasamania
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November 21, 2017, 06:14:25 PM
 #1891

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 I didn't. I didn't invest any money in bitcoin. I earn my bitcoin through joining campaigns or airdrop. I really think that it is the best way to earn a lot of bitcoin. If ever I will invest on bitcoin, I will not invest all my money because investment is risky even though bitcoin investment can really provide you a lot of income. Always invest the amount of money that you can afford to lose.

I only have a few bitcoins I bought over the years. I have made some profit by not trading.
TorbiK
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November 21, 2017, 06:23:25 PM
 #1892

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 I didn't. I didn't invest any money in bitcoin. I earn my bitcoin through joining campaigns or airdrop. I really think that it is the best way to earn a lot of bitcoin. If ever I will invest on bitcoin, I will not invest all my money because investment is risky even though bitcoin investment can really provide you a lot of income. Always invest the amount of money that you can afford to lose.
It is very reasonable to extract bitcoins in this way. And you are absolutely right that you need to invest the amount of money that you can afford to lose. But is it possible now in all this hype around cryptocurrency it is possible to earn bitcoins on airdrops?

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shinchan123
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November 21, 2017, 07:42:00 PM
 #1893

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, I'd suggest you leave some for your daily needs. Investing the majority of your savings for me is risk worth taking. I'd probably do the same with my money. But the better choice is to invest only the amount that you can afford to lose. High risks comes with high returns but that's not the case all the time. Sometimes, you simply lose it all. If all goes well, you might just make yourself a rich man.
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November 22, 2017, 02:00:06 AM
 #1894

it does not seem a good idea when prices go down, you will only blame yourself in the end. In addition, putting all your eggs into a single basket is probably the most dangerous thing you will do to your money because if all else fails, you will not get any backup at all. While it is true and clear that bitcoin is skyrocketing for current prices, there is no guarantee that this will continue for several weeks or months ahead. One of the best things you can do as a smart investor.
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November 22, 2017, 02:16:59 AM
 #1895

Yes, you should place all your funds in Bitcoin, if you did it in the last 3 years, you're rich for now man.

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November 22, 2017, 02:50:33 AM
 #1896

I don't think it is a good idea to put all your money into btc.
You should be clam in every trade, and you should have an estimate of the possible risks Undecided
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November 22, 2017, 05:32:25 PM
 #1897

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 I didn't. I didn't invest any money in bitcoin. I earn my bitcoin through joining campaigns or airdrop. I really think that it is the best way to earn a lot of bitcoin. If ever I will invest on bitcoin, I will not invest all my money because investment is risky even though bitcoin investment can really provide you a lot of income. Always invest the amount of money that you can afford to lose.

Good words..
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November 22, 2017, 08:40:35 PM
 #1898

Bitcoin looks good as an investment and even its future looks promising but it would be very foolish move to invest all money in it as the future of bitcoins is still unpredictable and anything can happen in future so its good to invest some part of your money in it and if it works then even a small investment can give you best profits in long term and you need to be very smart when it comes to investing your money.

Bitcoin is gonna hit 100K usd
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November 22, 2017, 08:55:44 PM
 #1899

No, There is no question that Bitcoin is a great investment but putting your eggs in one basket is not wise. If you are investing you need to diversify.
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November 22, 2017, 11:55:21 PM
 #1900

No I don't put my all funds into bitcoin but 50:50 into bitcoin and altcoin, so I can get profit from both bitcoin and altcoin. I think putting everything into bitcoin is not good idea, it's to minimize the risk of loosing money better to put our funds into different investment because digital crypto currency price always fluctuation and unpredictable.
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