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Author Topic: did you place all your funds into bitcoin?  (Read 123630 times)
shiunsai
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December 01, 2017, 06:20:36 AM
 #1941

Though bitcoin is a means of making huge profit this days but it will be a stupid and greedy act if ones put all his/her fund into bitcoin simply because you don't put all your eggs in one basket.

Yes never put your all money at a single place as its very risky and no one knows what will be the price of bitcoins in future and how long it will survive and moreover there is also a chance that Government may ban bitcoin in future and if you have put all money in it then you will be loosing everything at once.
engrlodi
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December 01, 2017, 06:37:18 AM
 #1942

I didn't place all my funds in bitcoin but most of it. I have percentage for my funds in other alternate cryptocurrency. In my bitcoin, the investment is for my long term investment while in my other alternate ctryptocurrency is for my short term. It is risky to put your funds in one cryptocurrency you need to have a percentage to put your other funds.

RockHenki
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December 01, 2017, 07:02:26 AM
 #1943

You can better describe your fund. What do you do to pay for the investor and if you lose, do you compensate the investor or not. I am very interested in your project. We look forward to hearing from you.
watchbay30
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December 01, 2017, 09:02:36 AM
 #1944

I put all in bitconnect
I was concerned I would not put all my money in bitcoin. Yes we are profitable and we know that bitcoin is long. but we are still unsure if it is long term investment. Maybe we can do put some but not all of our money.
gondar1
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December 01, 2017, 11:26:56 AM
 #1945

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 don't really think that putting all my funds into investing on bitcoin would be a wise idea. Perhaps the majority of my funds could possibly go to investment, like 75-80% of it. But, not all. I believe that there might come a time where I would need a big amount of money. So, it's good to have some ready for that time or any other certain emergencies.

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December 01, 2017, 11:47:11 AM
 #1946

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 your strategy is to put all your money in bitcoin that would be fine because that is your choice of investment and it is up to you on how you will manage and take the risk that you are taking. But come to think of it we should not put all in because we need to save atleast for ourdaiky needs.
I think, he's talking about INVESTMENT MONEY. That is already a part of his budget, and there's no need for him to save some for his daily needs if that is the case. Now, putting ALL your money (intended for investment) in one cryptocurrency/altcoin is not a good thing to do. The ideal thing to do is to divide the total into parts and decide how much will he put in this and in that. Investing in 3-4 altcoins is enough, I think, but you should be wise on choosing which altcoins you're going to buy. Although the cheaper altcoins are recommended, you should also consider its other aspects like the market cap and its history.
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December 01, 2017, 11:49:01 AM
 #1947

Bitcoin is good investment but I wouldn't suggest to put all your money into it.
expless
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December 01, 2017, 12:28:52 PM
 #1948

If i follow you to put all my money on bitcoin. I would be rich now Sad
Don’t worry mate good time will come for you, save your money and then wait for the right time to click and then invest into it you will achieve your aim to be rich and we can only get a lesson from our mistake don’t repeat it again, and I had invested all my funds and now my good time has started as the prices start going up and more will come soon and in future I will be happy to party on my own profit and enjoying.
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December 01, 2017, 12:56:53 PM
 #1949

Well, that thing only depends to you, exchanging all of your fiat money into bitcoin or any other cryptocurrency has its pros and cons so choose wisely. Just follow the most practical choice.

In my case, I decide to put all of my funds in bitcoin because I'm not expecting major expenses since I'm still a student who obviously depends on my family. In short, all of my bitcoins in my wallet are just my savings intended to use for my wants (but can be also used for unexpected expenses in school if I wanted to). Another reason, I'm confident to put all of my funds into btc because those funds I used are just the rewards I've got from my signature campaigns and never came from my own pocket so I feel no regrets if ever it might gone (but I think it won't for sure).
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December 01, 2017, 01:29:08 PM
 #1950

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 will be the worst thing that you will do because bitcoins are too much expensive these days and according to my finance secretary that the bitcoins will come to a huge drop but no one can know when will happen so we just need to get ready for it and you do not wanted to invest all of your money to bitcoins then suddenly it will fall entirely and then your money will immediately be gone into the digital world. And that is a lot of money because you said that ALL of you money just invest a little or even big but just mot all.
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December 01, 2017, 01:38:38 PM
 #1951

No, it is too risky. I never put all the eggs into one blasket. I will spend 80% for Bitcoin and 20% for altcoins or ICO projects.


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kobe24
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December 01, 2017, 02:05:39 PM
 #1952

I put all in bitconnect
Bitconnect? A ponzi scheme lol you will end up all crying when devs runaway your investment/money i would rather put all my savings on btc rather than an obvious scam.

jtrip
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December 01, 2017, 04:54:27 PM
 #1953

Bitcoin is a purely speculative asset. I keep in bitcoin 20%. The rest is the ethereum and the ripple.
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December 01, 2017, 05:13:48 PM
 #1954

No still now i'm not place my all money into bitcoin because i'm a altcoin trader so it is a bad idea to put all fund into bitcoin. It is not save to us because when bitcoin pump altcoin down so it is best way to make a some bitcoin.
hangar18
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December 01, 2017, 05:22:54 PM
 #1955

I put all in bitconnect
Bitconnect? A ponzi scheme lol you will end up all crying when devs runaway your investment/money i would rather put all my savings on btc rather than an obvious scam.
Yeah, Bitcoinect is clearly a ponzi project! Where is the source of income to give investor profit? Is money from other investors? At the begin, it is a HYIP project (a form of ponzi) and made the trend "ICO lending", I understand it gave some investors have many profits, but honestly, it can not exist for long time until the investor stop invest.
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December 01, 2017, 11:57:09 PM
Last edit: December 02, 2017, 12:09:11 AM by bitllionaire
 #1956

No still now i'm not place my all money into bitcoin because i'm a altcoin trader so it is a bad idea to put all fund into bitcoin. It is not save to us because when bitcoin pump altcoin down so it is best way to make a some bitcoin.
I think it will even be not a good decision to put all our funds into bitcoin. i think we should only use such amount of money for buying bitcoin that we can easily bare to lose, because no one know about the price of bitcoin that either it will continue rising or will start decreasing after some time. but still more chances are that bitcoin price will continue increasing for next few months and even for years, because bitcoin still have very good potential to continue increasing for a long time.
Blue Bell
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December 04, 2017, 08:07:26 AM
 #1957

Well if all your fund place into bitcoin that was wrong strategies you must have to save some cash for your daily needs too and you must have to give funds in your real time because not alk time bitcoin will become high sometimes it will become low price.
It is not good decision that you can place your whole money in one wallet because in life you should care about every second. So you need to keep back up some other place so if you can face problem form one place then you can cover it from other place.
No I will not do so because I know about bitcoin very well from last three years when you invest your little part of money here in bitcoin so you can make your money double because bitcoin price is going to change very fast from low to high and it happen with me because I remember when I join bitcoin so there was very little money with me and now I’m such a good investor here because all this money I got from bitcoin.

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December 04, 2017, 09:28:04 AM
 #1958

No, because i'm taking some precaution and i don't want to risk all my money in just one investment. Spreading all my money in bitcoin and other altcoins will put my investment safe. If one of my investment failed, it's ok because only a portion of my money was lost or lose it's value or decrease on it's price.

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December 04, 2017, 10:53:44 AM
 #1959

It is too risky and unreasonable to transfer all your savings to btc. some part of the investment in Btc, some kind to Ether and keep fiat to yourself Smiley
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December 04, 2017, 06:12:04 PM
 #1960

You can better describe your fund. What do you do to pay for the investor and if you lose, do you compensate the investor or not. I am very interested in your project. We look forward to hearing from you.
It is not at all really a good idea to put all your fruit into one basket. Investing in bitcoin is no doubt the best thing but the thing is you certainly need to have something in your pocket as backup. I do invest in bitcoin but I do not invest more than 70% of my total investments. It is because of the reason that you do suffer loss sometimes, so you need to have something with which you can start again in order to recover your loss.
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