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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
KylesmomisaB
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January 10, 2018, 10:02:38 PM
 #2221

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.. ?

It is not a good idea yet it will be the best way to grow your money aggressively. Side note I did the same when entering crypto and it was stupid but to my luck it worked out as of now. But do know it is extremely risky and nobody will advocate you going all in.

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Xclusive5
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January 10, 2018, 10:16:17 PM
 #2222

I actually didn't place all my fund into bitcion, I have 60 percent of my investment in bitcoin while I invested other 40 percent in altcoins.

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January 10, 2018, 10:29:44 PM
 #2223

It your choice but personally i didn't put all my fund in bitcoin i separate it into three part a part of it invested into ETH the second part BTC while the last part goes to altcoins trading/ ico participation.

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January 10, 2018, 10:30:59 PM
 #2224

When I started out, I placed everything in Bitcoin to be safe since I didn't know anything about other coins. Now, I'm slowly learning and have invested a small amount in ETH.
royale143
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January 10, 2018, 10:49:08 PM
 #2225

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. The operative word here is "all"; it would be too risky to do that because that could amount to a loss without a contingency. In the cryptocurrency market, it's better to diversify your holdings instead of sticking with one because changes may be erratic that in the event your only coin plunges, you wouldn't have any other assets to get profit from.

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January 10, 2018, 10:57:59 PM
 #2226

As all veterans advice us newbies crypto currencies "Dont invest money you cant afford to lose" so i think its not wise to put all your funds in bitcoin

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January 10, 2018, 11:03:34 PM
 #2227

I dont place all my fund into bitcoin. 70% my fund in bitcoin and 30% my fund to buy other altcoin. I think if we place all fund in bitcoin we can't get max profit because bitcoin value still not stable and going down now. I think ETH is going up, and better than invest in ETH from now
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January 10, 2018, 11:54:15 PM
 #2228

I've only placed money into Bitcoin that I can afford to do without. There are still a lot of unknowns with regard to the future success of Bitcoin. It will be a high risk investment for a while longer. That's why diversity is a great way to minimize the risks that is accompanied with your investments. If one investment fails you still have other investments to rely in.
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January 11, 2018, 12:13:07 AM
 #2229

It's not a good idea to invest all your money in one player alone. What if let's say Bitcoin suddenly crash? What is your next plan? If you only place your money solely in Bitcoin, It's clearly loss on your side. That's why it's not ideal to put ALL your money in just one player. Try to maximize and spread your money throughout the market.
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January 11, 2018, 12:44:12 AM
 #2230

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.. ?


Its up to you guys, but the best technique here is take money placed into a balance carrying let say you have some important daily needs for funding so, your money can divide it into 2 and the half percent is to invest to bitcoin. but that's not the end of your investment to get big income because the price value of bitcoin is not stable.when you inter an investment to bitcoin just monitor the price value every hour because the money you invest here will generate big profit when you use your own technique of investment, remember you are free to full out your investment if the price will totally down.   
pinkliar
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January 11, 2018, 12:45:14 AM
 #2231

I dont place all my fund into bitcoin. 70% my fund in bitcoin and 30% my fund to buy other altcoin. I think if we place all fund in bitcoin we can't get max profit because bitcoin value still not stable and going down now. I think ETH is going up, and better than invest in ETH from now
placing in just one are not a good idea cause i see this as a bad idea to be , if you wanted to have the assurance with your funds then this is more better if you may take this in a different type of investment then this is good also if you may take the opportunity of you may have some altcoin to choose for.

 
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Estehmanis
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January 11, 2018, 01:00:53 AM
 #2232

I think it's very risky. My suggestion is better you put a little capital first. Steeped bitcoin so that profit and we can return capital
Souldream
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January 11, 2018, 01:02:27 AM
 #2233

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.. ?


Its up to you guys, but the best technique here is take money placed into a balance carrying let say you have some important daily needs for funding so, your money can divide it into 2 and the half percent is to invest to bitcoin. but that's not the end of your investment to get big income because the price value of bitcoin is not stable.when you inter an investment to bitcoin just monitor the price value every hour because the money you invest here will generate big profit when you use your own technique of investment, remember you are free to full out your investment if the price will totally down.   
Well I think the risk is always there, and yes anything could happen to your money and the idea of putting all your money in bitcoin is somewhat good idea but risky, but if I were I would never do that. Well in every decision we made most especially in investing here in cryptocurrency is needing a more suggestions so that you could get some important points to remember and your not getting wrong to the place where you prefer to ask.  
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January 11, 2018, 02:18:16 AM
 #2234

I think it's very risky. My suggestion is better you put a little capital first. Steeped bitcoin so that profit and we can return capital

That is correct  and a very safe way to trade.  Putting your money in a single destination is very risky. Try to put a little  amount first and when it started  to gain some profit you  can add some capital again.

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January 11, 2018, 02:22:52 AM
 #2235

I think it's very risky. My suggestion is better you put a little capital first. Steeped bitcoin so that profit and we can return capital

That is correct  and a very safe way to trade.  Putting your money in a single destination is very risky. Try to put a little  amount first and when it started  to gain some profit you  can add some capital again.
Just don't be greedy so you will know the right things to do.
Crypto world is very progressive but it's very risky here as well so if you will not limit, you might win big or lose everything
which we do not want to happen, just know the possibilities because every investment has a possibility of failure as well.

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Kayum10029
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January 11, 2018, 02:47:26 AM
 #2236

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, nothing at all.i didn't convert my fund into bitcoin. but i  hold it and getting profit i turn into it fiat papar money.

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January 11, 2018, 02:57:56 AM
 #2237

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.
I am trusting bitcoin very much but i dont place all of my funds or my money into bitcoin because i also know that there are still many altcoins that has a small amount but has also a bright future just like the litecoin and ethereum, i put some of my funds in ethereum because it has also a great future.

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January 11, 2018, 07:59:26 AM
 #2238

Now invest in bitcoin is risky and inexpedient. I would invest my money in coins like etherium and ripple.
That’s strange. You should support your statement with some evidence or logic. There is nothing like what you are thinking about bitcoin.

It is still the leading digital currency of the crypto world and there are maximum chances that soon it becomes the legal international currency of the world. Well investing into altcoins is not as fruitful as it is in the case of bitcoin. Think twice before preferring some immature coin.
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January 11, 2018, 01:50:56 PM
 #2239

The last thing i would do if ever i have funds is to invest it all in Bitcoin.
The lure of getting huge profit is really tempting but before delving yourself into it ask yourself,what if it fails,what if Bitcoin crash.what's my fallback,how i am to get the lost funds back.
My answer,diversify...look for other option,Bitcoin is not the only crypto available,invest in alts like,ether,litecoin,ripple,they all have the potential to give you good profit,that's your fallback,that's your saving grace,that's what good traders do.
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January 11, 2018, 02:11:36 PM
 #2240

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.
I am trusting bitcoin very much but i dont place all of my funds or my money into bitcoin because i also know that there are still many altcoins that has a small amount but has also a bright future just like the litecoin and ethereum, i put some of my funds in ethereum because it has also a great future.

That's a smart move never depend only on single investment to make profits as you never know what will happen to your investment in future and when it comes to investing in cryptos its more risky then real life investments as the price of cryptos is too volatile and it can go in any direction in long run so the best thing would be to diversify your investments at different places in online as well as real life investments as if one fails then you still have an chance to recover your loss from the other and putting all money only in bitcoins is a huge risk as still there is a big question mark on the future of bitcoins.
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