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imking
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December 14, 2017, 07:22:13 AM |
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Bad idea that places all your funds into bitcoin or in a single investment. It too unsafe things. For me the best things you can do is split your resources into bitcoin, Litecoin, Ethereum or others cryptocurrency. So what matter will happen you have backups. This idea will defend you from possible risky and dangerous
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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michkima
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December 14, 2017, 07:36:34 AM |
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As for now, maybe a good 80% of my hard earned money is on it. You cannot blame me and all others because, speaking in behalf of them, we see its potential to grow even more. I know what I am doing for I have a game plan. Anyway we have our own strategies and we are all entitled to exercising them with the use of our own money.
But yes, I get you that it is a bad idea to put all money in a single investment. It is just that I am in a position whereby I have the means to gamble as much as 80% of my money.
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Flame-
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December 14, 2017, 08:06:09 AM |
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Gambling everything without anything cleared out for one individual's own particular needs resembles wagering all in a betting game. It is not being dependable as I would like to think in the event that you can put every one of your assets in bitcoin or some other venture.
The main distinction is it will simply bring longer with investments. Never going to do that. If you saw that it would make you rich later on then do however you wanted recall dependably the hazard required on it since we know cost of bitcoin is excessively unstable and possibly some time or another it would crash and make you got broke.
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btcminer6212
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December 14, 2017, 08:46:51 AM |
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if you have put your earnings in bitcoin since this is posted, you have already gain profit. they are saying that you must diversify and not to put all your eggs in one basket but if the basket is as profitable as bitcoin then why Not?
But putting all your eggs in one basket could be risky even if that basket is profitable. Why? Because bitcoin is unpredictable, and it's very volatile. There are a lot of what ifs, what if it will drastically drops about 50% of its value? Do you think it can still be profitable? You'll going to lose your money in that case. That is why it is advisable not to put all your egg in one basket. It could be profitable as of now, but you'll never know what will happen to bitcoin in the next day. That's true, never do that because if bitcoin fall you will lose all your money, the market is so big so why not consider investing on altcoins as well, there will be more chances for success if we know how to minimize the risk and diversifying your investment is one way of minimizing the risk. I have different investments in altcoins and I do that because I believe altcoins has a good future also. yes i 'am and i think i have judged a huge blow in the price not only in bitcoin but all the other crypto as well.I think it depends on your beliefs with what you invest it, of course, we all know the saying that never put your eggs in one basket because you might lose it all and break it all. Not everything would be easy, you just have to take risks. |
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EdenHazard
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December 14, 2017, 09:12:45 AM |
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Bad idea that places all your funds into bitcoin or in a single investment. It too unsafe things. For me the best things you can do is split your resources into bitcoin, Litecoin, Ethereum or others cryptocurrency. So what matter will happen you have backups. This idea will defend you from possible risky and dangerous
yes you should hold free money even a little , to cover things that might happened unexpectedly. split your investment to avoid crazy drop , so you might could have backup fund on other investment and also on free money you have. there is a risk there is a rewards , make a choice to take big risk or stay safe with almost guarantee profit. |
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chocolah29
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December 14, 2017, 09:20:30 AM |
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I will not get surprise when someone here will get all in for bitcoin as it's really tempting. The fact that the bigger we invest in the higher the profit yet higher in risk but many people trust and believe what bitcoin can do and it's just a matter of leap of fate.
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olazet1993
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December 14, 2017, 09:26:17 AM |
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Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
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tamoymie
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December 14, 2017, 10:00:34 AM |
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just like what other says my friend. i also dont agree, aside from its too risky, it is also too unrealistic. imagine a life with nothing to spend on. bitcoin investment is like time savings with money. so, youll end up dying the next day because you cant buy yourself a food today. haha still.its up to you
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lite
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December 14, 2017, 10:13:29 AM |
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Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
Yeah, everyone should have backup(s). although bitcoin won't fail you, just in case. i'm like 60% in bitcoin, i have invested in several altcoins(top ones and few other interesting ones  ) as well holding some fiat. |
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macchiato
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December 14, 2017, 11:23:43 AM |
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Placing all your funds in a single investment lessens your chance of profiting. Because what if that coin dumped or even worse, loss its value? Although this is quite impossible with bitcoin, this applies to all.
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BlockEye
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December 14, 2017, 11:42:23 AM
Last edit: December 15, 2017, 03:25:33 PM by BlockEye |
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Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
Yeah, everyone should have backup(s). although bitcoin won't fail you, just in case. i'm like 60% in bitcoin, i have invested in several altcoins(top ones and few other interesting ones ) as well holding some fiat. It's good to have a backup always, before I put all my savings on bitcoin when I started in crypto, with my salary and allowance sometimes since I know it will grow more in crypto than in banks, but if you'd already earn enough then better be safe, save. |
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LyQaN
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December 14, 2017, 12:06:04 PM |
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no never put all your funds its too risky, whether its bitcoin or investment at other things never ever put you entire money into that you worked for that for so much time and you can loose them in blink of eye. i don't think there would be anyone out here who have done so what you are thinking. what if you need money for other purposes and if that is urgent how will take money out of it at that instant , there is term called baby steps start slowly carefully and invest little ,then after making profit from investment buy other coins that are listed and posses good value ,up your game smartly not by just rushing into things
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Ailmand
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December 14, 2017, 12:10:33 PM |
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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.
I agree. It would be too risky to dump it all in investing because the characteristics of bitcoin may negatively affect your profit. I mean, right now, the value is really skyrocketing in an alarming rate that it would entice anyone with ease to invest everything. But, you have to look at the bigger picture, it's not always like this, there will come a time that it may decrease or may halt, thus, it would be unwise to put everything in, not unless, the money that you are invest is really "extra" and you still have some savings left for your day to day and other unforeseen expenses. |
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Drakula
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December 14, 2017, 12:24:26 PM |
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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  I agree with you. Placing all your funds into Bitcoin will be too risky. There are so many possibilities that could happen; before you think the positive effects, think about the negative. If your account is not secure, it may hack and lose all your many and if the value decreases, you may not gain your expected profit. For me, balance you fund to your needs and investment for Bitcoin. |
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dg2010
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December 14, 2017, 12:49:07 PM |
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just like everyone said. put amount money you sure you can live without it. so I put 10% my fund into bitcoin. that all
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hahay
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December 14, 2017, 12:54:44 PM |
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No, I'm just a person who has a small income in real life, I'm just trying to put some of my money on bitcoin, because I want to invest for the long term, so I can not put all my money on bitcoin.
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tibor
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December 14, 2017, 12:55:19 PM |
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First of all, don't put all your money in one asset...
2nd invest in some cryptos not only in one, go to coinmarketcap and invest in the first 10 ones
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MIZANUR5033
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December 14, 2017, 03:07:15 PM |
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Bitcoin is a very popular cryptocurrency of all other altcoins. It is an electronic data.There is no relation between bitcoin and local bank and government so we don’t need to pay extra taxes that is very useful for us but the only problem is it changes it’s value very quickly. For this reason, no one can say surely that it’s value will increase or go lower. Better option for beginner is tested the thing by investing a small amount. If you can take the responsibility of your own mind then you can invest more also. It depends on your mind.
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dragonbhai
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December 14, 2017, 03:13:48 PM |
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Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
At one point in time, I do have almost all my savings into bitcoin only. But right now I've learned to diversify my assets even though bitcoin is looking pretty good as of this moment despite the uncertainty as to what path should it take moving forward. To describe my holdings, I'm 60% bitcoins, 20% in my assets and 20% in my personal savings, not a bad setup for a person who only makes a few grand every year, eh? |
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P60
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December 14, 2017, 03:14:37 PM |
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just like everyone said. put amount money you sure you can live without it. so I put 10% my fund into bitcoin. that all
That's absolutely a good thing, just place a small amount of money so even if there is trouble and unexpectedly lose it; it will not have a big impact to you. But if it becomes successful, it will be a good news to you and to tour family. |
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