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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
cwiney
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December 04, 2017, 09:34:08 PM
 #1961

Yes i do place all my "extra" money on bitcoin and alts. I buy it on a daily basis and never look behind until i get huge profit out of it.
cratez
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December 04, 2017, 10:29:07 PM
 #1962

I personally make money inside the Bitcoin economy, instead because of the use of it's learning curve and how it incredibly responds well mixing digital / internet tactics.
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December 05, 2017, 11:06:53 PM
 #1963

It isn't better choice that you can put or place your everything reserves in a single place like bitcoin or anything on the grounds that on the off chance that you can put all store in one place and you have confronted misfortune then you will have an extraordinary issue in recuperating that misfortune and If you can put resources into some better place at that point on the off chance that you confront misfortune shape one place then you can recoup it from other place.
obinine
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December 06, 2017, 01:37:01 PM
 #1964

of course it's very risky. for professional traders, they always trade with some altcoins, because if you only use 1 bitcoin alone, then your coin development does not increase, because only expect 1 bitcoin alone. you should use altcoin and ico. but with a note you must be smart and experienced in trading.
Never I will put the majority of my cash in one place even in bitcoin on the grounds that I don't believe that anything in this world is steady with the goal that we can full trust so we require think about everything and great choice is that you can keep more cash in bitcoins and some cash in altcoins that will give you great outcome.
mylyn2327
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December 06, 2017, 02:04:43 PM
 #1965

Bitcoin is good investment but I wouldn't suggest to put all your money into it. I wouldn't suggest puting all your money into anything, not just Bitcoins. 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. Don't ever invest more then you can afford to lose.
True, i wouldn't invest all of my money in bitcoin even though bitcoin is a good investment. Have some for your back up because we can never can tell what will be or where bitcoin in the future. Start with the amount you can afford and work for it to grow. We all know investment is risky but i am not saying that you wouldn't take that risks. Have plan, invest little by little and don't stick to one option. Everything may happen so don't settle to that.
Tiger Junk
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December 06, 2017, 02:34:29 PM
 #1966

We can't avoid the risk in investing something but theirs a probability that you can earn huge profit in bitcoin for long term.
Off course i place all of my funds or savings here in bitcoin because i know that bitcoin price will totally rise or increase nd increase very well, and i place all of my funds here in bitcoin because i trusted bitcoin and i know that i can totally be rich by doung this and i will hold my bitcoins until i satisfied with the price of it maybe 2years is enough.
Uno17
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December 06, 2017, 02:48:41 PM
 #1967

No, I started only my small extra money in bitcoin because at first i am half hesitant and half interested though i have witnessed some of that are successful in doing it, but later on i had regret that i am not brave enough because i could have been earning more if i made a good start of a bigger
capital,but i think its not yet too late because bitcoin continuously going to the moon...



rocketbits
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December 07, 2017, 01:20:22 PM
 #1968

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).

Everyone has his own point of view, reasons for any behavior and decisions. If you think you should keep some portion of money for emergencies and invest the remaining into Bitcoin it is a wise plan. However I trust Bitcoin blindly and I will not hesitate to invest all of my savings into Bitcoin. Maybe I will go for some Diversification here because this way I can understand the true essence of Bitcoin.
EinWert
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December 07, 2017, 01:33:35 PM
 #1969

Putting all belief in bitcoin is a mistake, all investors know that there is risk when we invest, so we never put all our funds into something.
santieevanz
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December 07, 2017, 01:51:55 PM
 #1970

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 think that it is right to put all your funds into bitcoin because for sure, there will be a time that you will need money for emergency case. I can't judge you if you made that decision because you already saw what bitcoins can bring to us in the future but then it will be safe if you have some cash in your pocket or wallet. You just want to double your money, for sure. It's always up to you.

RealPhotoshoper
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December 07, 2017, 02:13:54 PM
 #1971

of course it's very risky. for professional traders, they always trade with some altcoins, because if you only use 1 bitcoin alone, then your coin development does not increase, because only expect 1 bitcoin alone. you should use altcoin and ico. but with a note you must be smart and experienced in trading.
Never I will put the majority of my cash in one place even in bitcoin on the grounds that I don't believe that anything in this world is steady with the goal that we can full trust so we require think about everything and great choice is that you can keep more cash in bitcoins and some cash in altcoins that will give you great outcome.
Yeaa , bitcoin is considered as a high risk investment , understand about this and you'll know why.
The volatile makes anyone who involved here always has chance to lost their value drastically.
But if you can afford to take that risk , it might really worth.
Kunlejoe0
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December 07, 2017, 02:21:25 PM
 #1972

Yes! I put all my fund into bitcoin since the beginning of this year. I am leaving to enjoy every bit of that decisio I took. It occur to me then that we were at the point of serious change that will lead  in to crypto finances and crypto economy. I was right!
geegaw
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December 07, 2017, 03:45:28 PM
 #1973

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).

Everyone has his own point of view, reasons for any behavior and decisions. If you think you should keep some portion of money for emergencies and invest the remaining into Bitcoin it is a wise plan. However I trust Bitcoin blindly and I will not hesitate to invest all of my savings into Bitcoin. Maybe I will go for some Diversification here because this way I can understand the true essence of Bitcoin.
Putting all the funds into bitcoin seems to be a crazy idea but sometimes crazy ideas always produce unexpected results, the reality has proved us very clear about this, the price of the bitcoin has reached $ 15000, that is a terrible number, and if we put all the funds into bitcoin very early, our profits can be said to be huge, we are probably a millionaire or new billionaire. Although in the past, I also have the thought of investing is not should put all into but with bitcoin, I've eliminated this thinking, it's really a trend and potential in the future, the risk when putting all on it is yes but not high, so I also soon put all into bitcoin and get big profits but maybe I sold it pretty early and now I am very sad when I look at the price of bitcoin

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kodes88
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December 07, 2017, 06:15:51 PM
 #1974

Changing all your money to bitcoin seems excessive. Investing with bitcoin is good, but a good thing if done excessively then it will not be good. Original money is still very important for life, so you should not change all your money to bitcoin, bitcoin some of it.
 
huige007
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December 07, 2017, 07:03:40 PM
 #1975

Putting all belief in bitcoin is a mistake, all investors know that there is risk when we invest, so we never put all our funds into something.
It is really a very risky thing to put all your fruit into one basket. Investing in bitcoin is really a very good thing to do but you cannot trust on bitcoin and that too up to this much level that you go for investing all and all in bitcoin. You do need to have something as your savings in your account for meeting your expenditures and to face the tough situations.
logicgate
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December 07, 2017, 07:09:53 PM
 #1976

We can't avoid the risk in investing something but theirs a probability that you can earn huge profit in bitcoin for long term.
Off course i place all of my funds or savings here in bitcoin because i know that bitcoin price will totally rise or increase nd increase very well, and i place all of my funds here in bitcoin because i trusted bitcoin and i know that i can totally be rich by doung this and i will hold my bitcoins until i satisfied with the price of it maybe 2years is enough.
Investing in bitcoin is no doubt really a great idea and it can actually help you in having a very comfortable life in the future as well, even then, it is not a smart decision to put in all your money into bitcoins. You actually need to save something good for meeting your expenditures as well to face any kind of hardships in case you suffer some sort of loss. Have something as your backup which you can use at the time of emergency.
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December 07, 2017, 07:17:30 PM
 #1977

I did not put all of my coin in one portfolio rather it is shared between BTC and Ether at the ratio of 65 to 35%. Just to always mitigate losses incase of any eventuality with Bitcoin.
Wish 107.5
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December 07, 2017, 10:30:43 PM
 #1978

Certainlly no, although bitcoin is the best cryptocurrency, putting all fund in it is too risky. I often spend about 50% my budget for Bitcoin
I agree, putting all funds is not necessary. Putting some of funds is alred good as an investment; we still have to be aware that we our daily needs so we must keep some of our funds by ourselves.
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December 07, 2017, 11:19:54 PM
 #1979

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.. ?

Put all your money in bitcoin?...
Not a bad thing, but less good.
I`am think...,It was a risky thing, However, it's also a good way to grow your money.
However I can say, it would be nice "you invest 75/80% only".
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December 08, 2017, 01:10:48 AM
 #1980

For i have considered it to place all my funds in bitcoin. But i am hesitating because if there's an emergency my funds will be in bitcoin, what if i need it instantly i don't have time to cash it out because it's in bitcoin. Also, not all business, stores, hospitals, and pharmacy are accepting bitcoin yet.

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