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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
Exidous
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January 06, 2018, 03:21:39 PM
 #2161

investing all your money in bitcoin if you are an expert in trading. yeh, you can do that. but there are risks which can make your money go away. place all the money into bitcoin may be not a good way
IgniHash
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January 06, 2018, 03:49:14 PM
 #2162

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.. ?

Yes, it's to risky. I diversify my capital, 50% for altcoins (COIN/TOKENS), 30% for new promising project. 20% for holding some top10 cyrpto assets.

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January 06, 2018, 04:16:24 PM
 #2163

Yes, i am putting a lot but not all of my money to it since im hoping for it to get higher but its kind a risky because price and value moves , increase and decrease so timing must be accurate sometimes. Bitcoin is performing well so why not ? specially now that it is recognize around the world and big personalities is giving a try which can greatly affect the price of it and so your money.
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January 06, 2018, 04:38:06 PM
 #2164

no. it is the gamble. Although it can make you become a millionaire but it is also too risky. So, let choose a good portfolio with 5 to 7 coins. My advice for you is Centra, Playkey, Bitcoin, Ripple and Bitclave.

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Fazlurkhan.kz
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January 06, 2018, 04:43:45 PM
 #2165

Bitcoin right now is not completely stable with it's price. Anything can happen, it might fall or maybe rise further. But it's just very risky to invest ALL your money in just bitcoin. It will be a wiser decision to invest in alternate cryptocurrencies too. I'd suggest ethereum, dodgecoin and ripple. There are many others, which you'll find with a little bit of research.
Good luck with trading!
asu
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January 06, 2018, 04:50:59 PM
 #2166

Not at all but i prefered to place my high amount of funds in bitcoin. Because? It’s still profitbale at all even there’s so many UFD throwing to it? Only newbei would sell there bitcoin.

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Ziskinberg
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January 06, 2018, 10:47:18 PM
 #2167

Not at all but i prefered to place my high amount of funds in bitcoin. Because? It’s still profitbale at all even there’s so many UFD throwing to it? Only newbei would sell there bitcoin.
We have to make our decision, bitcoin is really profitable because it's dominating the entire market and it's only a matter of time before we can reach our target price. I know it's not impossible if we keep holding because the market will grow and more people will be interested with this new technology that would give a lot of benefits to its users.

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January 06, 2018, 11:41:06 PM
 #2168

im placing all my funds in altcoin at the moment, if i see a huge rally of BTC i switch to BTC because when BTC goes up rapidly other coin tend to go down
kevin go
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January 07, 2018, 04:28:01 AM
 #2169

Yes it is risky to invest all your money in bitcoin. As value fluctuations seen with bitcoin is much high and hence risk. So it is not at all good to put all your eggs in one basket. Rather than this you should invest some amount in bitcoin and other in all other altcoins. That gives you better profit as well as lower risk of loose all money at a time.
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January 07, 2018, 04:34:11 AM
 #2170

im placing all my funds in altcoin at the moment, if i see a huge rally of BTC i switch to BTC because when BTC goes up rapidly other coin tend to go down

you plan is good and you should just stick to it without any emotions involved otherwise, you tend to go off at your original plan when everything is in read - bitcoins and other altcoins.
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January 07, 2018, 04:54:23 AM
 #2171

Putting all money into crypto market is lots of risk and i will not do that. I deposite 40% of my money here, 20% holding , 20% split among 5 best altcoins. Copy my balance devide is best way to be rich and safe.
Right now it is a good time to invest your money in Bitcoin. Buy coins and wait for some time and sell your coins. I am sure it will give you some profit. Don't go for long term investment, because as a mate said we could not imagine the future of the Bitcoin. But short time investment it is good.
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January 07, 2018, 06:24:14 AM
 #2172

I only invest a small portion of the wealth to the currency, because it never invest all his money in one place, I in the currency and spend some money, some currency diversification is a correct investment behavior!
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January 07, 2018, 06:56:09 AM
 #2173

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.
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January 07, 2018, 07:12:51 AM
 #2174

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 personally think that is plain dumb.Do not put all your money in investment because it is not guaranteed to have a higher return. Investing is like gambling because you rely on its chances to pump, if not you will lose. Invest only what you afford to lose. Bitcoin is volatile, it is not only going up but there are times that it decreases violently. Putting all your funds can result in a bad situation, although it is high risk,high reward, it still relies on the rise of bitcoin. It is better to have real money because we dont know whats gonna happen in cryptos.
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January 07, 2018, 11:27:33 AM
 #2175

No, i only put a little money into bitcoin so far. I'm learning and trying to trade alt coin at the moment using that money. Maybe later after i'm confident enough i'll put more money into it.
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January 07, 2018, 11:41:17 AM
 #2176

You should always diversify your portfolio and should never put all your funds in any single cryptocurrency, be it Bitcoin or any other altcoin. Its too risky to go all in, in any cryptocurrency as the price fluctuates too much. Find some projects and diversify your funds.

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January 07, 2018, 11:58:47 AM
 #2177

It depends on our decision mate, but investing on cryptocurrency is good if we have enough research on what coin we must buy. I placed not all my money into bitcoin but have some small of it
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January 07, 2018, 12:04:08 PM
 #2178

It depends on our decision mate, but investing on cryptocurrency is good if we have enough research on what coin we must buy. I placed not all my money into bitcoin but have some small of it
Before we invest we have to do the right research, there is no easy way to make money here by just blindly investing, it's alright to consider the recommendation of other people but it's your job to analyze it well before making a final decision. Also, it's very important to learn how to diversify your investment because it's too risky to just put all your funds in bitcoin, you can buy a lot of altcoins because there's a lot to choose from and in fact it's not only bitcoin that is increasing its value, we have a lot of altcoins which are progressive and can pump anytime.

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January 07, 2018, 01:00:35 PM
 #2179

I don't do such a reckless thing because you can invest half of your allowance for Bitcoin. Wink
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January 07, 2018, 01:57:11 PM
 #2180

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'm not so sure about this, I hold a bitcoin 50%+ of the money I have right now, and the rest I use to trade and earning bitcoin in other ways. based on bitcoin growing from year to year by investing in bitcoin it is very profitable.

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