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Author Topic: did you place all your funds into bitcoin?  (Read 123633 times)
matico
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January 16, 2018, 04:32:25 PM
 #2301

Definietly! big part of my funds are in bitcoin and as it is right now, bitcoin is taking serious hit right now. But I am confident that bitcoin will bounce back again! I trust in bitcoin more than any currency anywhere in the World!

melancoly
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January 16, 2018, 04:38:06 PM
 #2302

it is not economically advisable to invest all your money in just one investment opportunity for that will be dexerstrus when anything negative happen to the investment, so it is not advisable.
Paopao
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January 17, 2018, 05:34:49 AM
 #2303

Bitcoin is a pretty big investment but I do not invest my money into bitcoin because we have to analyze the coin price so we have to know every day the price of coin.
Soksuci
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January 17, 2018, 05:38:41 AM
 #2304

Not too risky, but you're losing opportunity here.

Crypto world are wide bruh. Invest in Alts too can help you to achieve financial freedom sooner.
Jaci
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January 17, 2018, 05:56:08 AM
 #2305

No i'm not to place my all money or all fund into bitcoin i'm store my funds with a so many altcoin.
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January 17, 2018, 08:57:54 PM
 #2306

I did not put all my money in bitcoin, because I was worried about losing all my money, especially now that bitcoin prices often go down, although many think that bitcoin will have a high price but I dare not put all my money into bitcoin.
Yes now it is a good example what will happen if we put all our money in BTC. the price is dropping and not sure where it will go and end. So always use the extra money for investment.
You can buy Bitcoin at current price if you have USD to do that.
I do not know any good time recently to buy Bitcoin at current price.
But, you should split your capital to buy Bitcoin at lower price, because $ 9,000 still higher than some predictions for the price of Bitcoin in this dump.

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superjampot
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January 17, 2018, 10:10:11 PM
 #2307

Nope maybe, 20% - 25% of my funds were invested to my bitcoin and the rest were already save in the bank. Because I was not really sure when the first I joined in the bitcoin but now I was sure that I was earn income using bitcoin that's​ why I save almost 1/4 of my funds in bitcoin. Due to I was expecting that bitcoin price were still raised up in the future.
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January 18, 2018, 06:26:35 AM
 #2308

In any investments no matter what dont invest all your money. You never know what might happen. 40-70 % can be invested Smiley
Agreed! There is no way that investing 100% of your income or earnings in any kind of investment is a good idea. Investing money is no doubt really a good thing and it can help you in multiplying the money which you are having but it is no advisable to take such a big risk as you can lose money anytime. You need to make a wise decision and invest only that much money which you can afford to lose.
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January 18, 2018, 08:27:26 AM
 #2309

In my opinion, Bitcoin is the right technique to make your money grow faster.But place all your funds into the bitcoin is not proper technique because I believe in the saying that put all your eggs in one basket is too risk you might lose the whole thing you have. Just put your 50 percent of your funds to the bitcoin and the remaining of your founds to the different currency like Ripple, ETC, and others alt coins. 
Nyeyzel
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January 18, 2018, 09:49:02 AM
 #2310

Nope! Bitcoin is a good investment but you never really know what is going to happen I wouldn’t put all my money here never go all in at first you need to diversify your investments second save money on the bank or do some business with less investment. Like for now, the price plummeted and it is too risky.
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January 18, 2018, 10:01:40 AM
 #2311

I did not put all my capital into bitcoin, because the risk of losing capital was so high when saving all of its capital to buy bitcoin, so I used some of my capital for bitcoin, for my capital security.
I also didn't place all my funds into bitcoin though even if I place all my funds I know that I'll never get regretted of placing it in bitcoin as investment but then I still have to mind my personal needs and also my family needs which one of the reason why I'm also here in this forum. But I am willing to place at least 20% of my funds in bitcoin if I have.

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January 18, 2018, 10:15:48 AM
 #2312

No I don't put all my funds into bitcoin but some I put invest into altcoin also. I think good to put invest a little percentage of our money into altcoin also, so not just invest into bitcoin only. Like ETH is good potential coin to put invest into it, so we need to choose good coin before we put investment.
Diversification is better than owning only one weapon because all of them will be of use at their own times. If a person invests all of his money in bitcoin and holds it for long, no doubt a significant amount will be earned. There will be times when bitcoin won’t make any progress. Those re the times when altcoins can lend a hand in increasing the capital. So, better to take the most advantage out of situation. Even I am suggesting diversification, I do prefer investing into bitcoins with maximum percentage and with rest of cryptos with possible least capital.
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January 18, 2018, 10:42:37 AM
 #2313

It is not better decision that you can invest or place your all funds in one place like bitcoin or anything because if you can place all fund in one place and you have faced loss then you will have a great problem in recovering that loss and If you can invest in some different place then if you face loss form one place then you can recover it from other place.

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January 18, 2018, 10:48:31 AM
 #2314

It is not better decision that you can invest or place your all funds in one place like bitcoin or anything because if you can place all fund in one place and you have faced loss then you will have a great problem in recovering that loss and If you can invest in some different place then if you face loss form one place then you can recover it from other place.
It's totally a big gamble if you'll put all your funds into bitcoin but there are people who did this already but I don't have any update on where they are now. But they did this when the price of bitcoin is only at $1,000 so still they have enough profit even the price of bitcoin went almost 50% from $19,900 down to $9,000. Don't put your eggs in one basket and this is very popular in the investing market and is applicable to crypto market too.

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malah
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January 18, 2018, 11:01:36 AM
 #2315

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 putting all your money into bitcoin is very risky and not recommended because in the world of crypto currency the price is always up and down is difficult to predict, you can lose if the price suddenly dropped
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January 18, 2018, 11:46:38 AM
 #2316

Concurred! It is highly unlikely that contributing 100% of your salary or profit in any sort of speculation is a smart thought. Contributing cash is no uncertainty extremely something to be thankful for and it can help you in duplicating the cash which you are having however it is no fitting to go out on a limb as you can lose cash whenever. You have to settle on an astute choice and contribute just that much cash which you can stand to lose
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January 18, 2018, 04:07:42 PM
 #2317

The main thing there is that investing into bitcoins is very attractive and quite lucrative atimes. But investing your whole money into bitcoins is not a good plan. Before going into this field first learn how to invest and where to invest and where if you invested how much profit you will get in month/year. Like this lot of research required
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January 18, 2018, 04:14:21 PM
 #2318

Investment is not suited for newbies, without having proper knowledge entering this field is not advisable. If there is something to worry about when you've placed your fund into bitcoins is when Bitcoin will drop to almost 1$ or when an altcoins out throw the crown of Bitcoin in being the number one Cryptocurrency
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January 18, 2018, 04:20:23 PM
 #2319

Too dangerous to put all your money into Bitcoin. I didn't However, my BTC holdings have now grown so much in value that almost all of my funds now happen actually to be in Bitcoins. Perhaps I should sell something therefore Smiley

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January 18, 2018, 04:43:23 PM
 #2320

Yes. I invested all the savings on bitcoin in 2016 and i am very grateful because a year later, bitcoin became so valuable that my crypto investment grew faster than i had predicted.
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