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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
Gheka
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January 09, 2018, 02:02:24 PM
 #2201

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!
I will never do so because I don’t think so it’s a good idea and even billionaires are not doing so if you want to invest here so you can invest here because bitcoin is such a currency which can help you with your short investment when I take a start s there was very lees money with me and now I have a lot of money because when veer you will invest here so it will make your money double because it’s also one of the good quality of bitcoin.

Even thought you're a billionaire, it's not recommended go place all your funds in only one asset. Being dependent to one asset is the worst thing one can ever do in crypto markets. Tested many times before, I know.
Someone who wants to become rich will always do things far beyond normal, more accurately, do things that no one else thinks, things that people think it's crazy, it is too dangerous and risky, and what I want to say is that although bitcoin is risk but the profit that it brings when we invest all funds and successful, it is enough to make us become a millionaire. Dependence on bitcoin is not wrong as long as we believe and have a basis to believe that investment in bitcoin will succeed, getting rich is always accompanied by great risks, most importantly we have prepared the psychology for losing everything or not

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January 09, 2018, 02:14:35 PM
 #2202

I won't invest all my money on BTC, because the future of the currency, although is good but still predictable, if the currency prices are falling, then I will put all the money creates a loss, so it's best to put the money in different places to invest, to reduce risk effectively.
Even though bitcoin is profit-oriented crypto, it is not suggestable to invest all the money into bitcoin. Nobody knows what happens in future so plan well before investing try to invest the moderate amount of money into bitcoin after getting profit can invest the profited money into it that would be a good idea also but not entire funds.
zemb
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January 09, 2018, 04:31:10 PM
 #2203

It is very risky to put all your money into bitcoin even if it has already started to grow up. In any investment there is a risk, so the funds must be placed in different cells.
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January 10, 2018, 01:34:34 AM
 #2204

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.. ?

For now,  I did not put my investment in a single destination for I know that it is very risky.  I put my investment in different coins specially now that some coins are already have a good price.

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January 10, 2018, 02:06:02 AM
 #2205

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.. ?
for me im not going to put all my funds in bitcoin because i have my daily needs thats why i wont put all my funds in bitcoin, im going to put my only half of my funds to bitcoin and tge other half was for my daily needs and for my family needs also ,eventhough i know that im become successful in investing in bitcoin id rather not give nor invest all my funds because im thinking for my daily needs thats why only the half of my funds that im going to invest.

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January 10, 2018, 02:24:53 AM
 #2206

placing money in bitcoin is risky, for me.. i invested my money when bitcoin value is 400k and i think i have a lot of profits now since i don't need money or i have no emergency i think it is better to stay in bitcoin.

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January 10, 2018, 05:31:55 AM
 #2207

It's definitely not a good thing to do, I think you have to have a planned investment, and you have to diversify, and there's a saying that you don't put all your eggs in one basket. You invest half or one-third of your assets in investment banking. While bitcoins are profitable, there are risks!
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January 10, 2018, 06:35:36 AM
 #2208

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.. ?
You do not have to put all your money into bitcoins. try partially investing, and start trading. By trading you can earn bigger profits than investing silently.
Very dangerous, if you put all your money into bitcoin. No one person knows the future of bitcoin, but everyone always hopes that bitcoin will always go up every day.
Shanti NewCoin
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January 10, 2018, 06:45:25 AM
 #2209

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.

Totally agreed. Three is no any asset that worth to invest all-in.
The question is a kind of illustration why governments so much concern. The market is absolutely unregulated.
That is why you can read so called "disclaimer" by small font at any letter or analyse related to the traditional fund market. Most of them says  that former performance dosnt guarantee future results.
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January 10, 2018, 06:50:47 AM
 #2210

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.. ?
You do not have to put all your money into bitcoins. try partially investing, and start trading. By trading you can earn bigger profits than investing silently.
Very dangerous, if you put all your money into bitcoin. No one person knows the future of bitcoin, but everyone always hopes that bitcoin will always go up every day.

It's never a good idea to depend only on one source for anything. I would suggest go with different coins also invest in some other sectors not only in crypto. We never know what's coming next.
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January 10, 2018, 06:57:48 AM
 #2211

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.. ?
You do not have to put all your money into bitcoins. try partially investing, and start trading. By trading you can earn bigger profits than investing silently.
Very dangerous, if you put all your money into bitcoin. No one person knows the future of bitcoin, but everyone always hopes that bitcoin will always go up every day.

Can`t keep ppl out of loosing money.
If you strongly intend to spend some funds for btc (good choice as it is the most developed market so far), my advice would be to buy it by few transactions: buy each week for equal amount. That will allow to get an average price. So, if it goes down you`ll get lower average price, if go up you still get some profit.
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January 10, 2018, 07:04:48 AM
 #2212

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.. ?
You do not have to put all your money into bitcoins. try partially investing, and start trading. By trading you can earn bigger profits than investing silently.
Very dangerous, if you put all your money into bitcoin. No one person knows the future of bitcoin, but everyone always hopes that bitcoin will always go up every day.

Can`t keep ppl out of loosing money.
If you strongly intend to spend some funds for btc (good choice as it is the most developed market so far), my advice would be to buy it by few transactions: buy each week for equal amount. That will allow to get an average price. So, if it goes down you`ll get lower average price, if go up you still get some profit.
If you keep buying you are preparing for your future, bitcoin has a great future so you have a chance to be profitable.
Bitcoin is good for long term investment because if you are not an experience trader, you might easily lose money because of the price volatility.
We might panic when the price dump but if you do long term you can expect the price will rise overtime.

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KeikoKitagawa18
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January 10, 2018, 07:29:18 AM
 #2213

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 think it will still be profitable if you invest in bitcoin in the long run.
But you can earn more profit when investing in altcoin, for now I'm no longer interested investing in bitcoin because for now altcoin can provide more benefits than bitcoin.

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ThunderCatSteve
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January 10, 2018, 08:09:30 AM
 #2214

Not only in bitcoin but it is not preferred to invest and hold the funds only to a cryptocoin or to a pleace 100%, what i prefer more is to split the funds into more than one piece and invest in bitcoin and altcoin. Dont put all egs in one basket. Investing 100% in a single coin is risky, you may lose a lot or you may earn a lot, what people are doing are investing in bitcoin as it's easier to buy and then exchanging to other altcoins that are much cheaper!
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January 10, 2018, 08:16:51 AM
 #2215

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.. ?

bitcoin is a very good investment i can say that but from my current earnings in bitcoin i plan to start a traditional business also
for addtional passive income so i suggest to consider it also put some in bitcoin and put some in business.
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January 10, 2018, 08:26:01 AM
 #2216

no, only part of the money. I am preparing more money for daily curiosity, and for precarious needs.
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January 10, 2018, 10:43:52 AM
 #2217

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 think if you put all your money in bitcoin too risky because you can get lucky there but you can also lose and can lose all your money

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January 10, 2018, 11:24:41 AM
 #2218

It is a good choice if you place all your funds into bitcoin but give some consideration into altcoins. The best way is separate the amount and look forward for some potential alcoins to invest on. And wait for the right time and move until you will see the good investment you had. 

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January 10, 2018, 11:47:02 AM
 #2219

I do not include all my funds into bitcoins, at least 40% I use to buy ethereum because I have the opinion that ETH is also a good coin and has potential.
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January 10, 2018, 08:58:44 PM
 #2220

case of having only 1-2k usd, I would put all in bitcoin. If you have much more than it, you cannot do this.
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