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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
South Park
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January 18, 2018, 07:53:57 PM
 #2321

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 that will be a terrible mistake, people think of doing that and while the potential profits are great are you really comfortable to deal with the consequence of bitcoin failing and losing all your money because I'm not fine with that which is why investing all my money in bitcoin is not really an option for me.
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January 18, 2018, 10:03:30 PM
 #2322

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 that will be a terrible mistake, people think of doing that and while the potential profits are great are you really comfortable to deal with the consequence of bitcoin failing and losing all your money because I'm not fine with that which is why investing all my money in bitcoin is not really an option for me.
first To avoid losses, you still need to invest some of your funds in a real business. And the rest can be given to the will of the crypto currency. This is only a certain part of the congress can go to Bitcoin. Thus, you will escape the risk of losing your income.
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January 19, 2018, 07:43:29 AM
 #2323

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.. ?


Don't try it. Investment in btc is profitable but it is not advisable for you to put all your money in btc.  Risky?  Every investment is about taking risks but investing with all the money you have got is way "too risky"
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January 20, 2018, 08:11:02 AM
 #2324

In any investments no matter what dont invest all your money. You never know what might happen. 40-70 % can be invested Smiley
That’s a sagacious strategy because you never know what is going to happen in business especially when you are investing into crypto market. 40% to 70% is good for the coin which is bitcoin, not for altcoins. Altcoins are not capable of making you return all that you have invested.

Invest maximum you can into bitcoin for better returns. In short, wherever you are investing, do good research before investment.
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January 20, 2018, 10:35:43 AM
 #2325

Of course not, that would be too dangerous. I have put only a little sum. The point is that now this little sum has grown so much that now 97% of all my money in in Cryptos.

Bitcoin grew tremendously last year and those who are invested even half of their total funds for the last three years received a bountiful profit if they choose to encash it before corrections take place last december. Aside from bitcoin, there are also other profitable cryptocurrencies that are worthwhile to invest like ethereum, ripple or bitcoin cash, to mention a few, that will surely make gains in the future. So it better to put funds not only in bitcoin but spread it to other potential altcoins to diversify your portfolio. You will still gain some profit if you put your funds in many cryptocurrencies even if some of them are in dip. 
No I will not agree and even I can’t think about it because it’s some ting like crazy to use all your money investment and I never see anyone who did it because bitcoin don’t need such a big amount to invest its very simple and easy to earn from bitcoin if you don’t have a money to invest here so there are also other options to earn from bitcoin ad then when you make a good money from other sources then you can start investment and that’s what I did also because there was no money with me .
kamote291993
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January 20, 2018, 10:37:23 AM
 #2326

Its not a good task to put all your funds in bitcoin as you may have daily needs for which also you need fund and if you put all your funds into bitcoin it may be a tough task for you.Instead you must keep some funds with you to meet your basic needs or at some important point of time.
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January 20, 2018, 04:43:47 PM
 #2327

I would clearly say NO for putting everything in one basket, that’s a very hard thing to deal beacuse there is a big risk,though each individual has its own life’s vision and has different ways in dealing techniques on how to drive life to success, That’s just my own way of understanding anyway, and yours is your own way too😃
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January 20, 2018, 05:24:55 PM
 #2328

For me that would certainly be way to risky and then again if one would of had done this a few years ago the amount of earnings, which could be realised now ..

but I consider myself as quite risk averse, so that is why this would not be something that I could do.

If you do so though, much luck and good nerves!

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.. ?
poetra2501
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January 20, 2018, 05:58:35 PM
 #2329

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.


Yeah that's right, in my opinion don't put all your eggs in one basket. Put all our money into Bitcoin it is not a good idea. Only put the savings amount into Bitcoins.Though Bitcoin has good future investment but never say what happens.
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January 20, 2018, 06:40:46 PM
 #2330

To keep everything in bitcoin should be if you look to the long term and if you have strong nerves. The next wave of growth will be related to the fact that large funds will be transferred activity from the traditional to the crypto currency exchange and are likely part of the assets they will put it in bitcoin.

vinbentrob
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January 20, 2018, 06:49:32 PM
 #2331

Not  at all.  I am 50% in bitcoin  and 50% in Altcoin!

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January 20, 2018, 09:14:24 PM
 #2332

To keep everything in bitcoin should be if you look to the long term and if you have strong nerves. The next wave of growth will be related to the fact that large funds will be transferred activity from the traditional to the crypto currency exchange and are likely part of the assets they will put it in bitcoin.
of course, many people believed in those forecasts that promise to see the price of Bitcoin about 100,000 dollars or more. Of course this is a very tempting word, But how much they really can see only in the future.
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January 20, 2018, 10:34:01 PM
 #2333

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 extremely risky, but probably the best way to grow your money nonetheless. If you are somebody who has kids or a wife or kids and a wife I would say don't do it not in a million years. However, if you are somebody without those restrictions I would say go for it because what you have to lose versus what you stand to gain is a vast difference and I think the reward justifies taking that risk.

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January 20, 2018, 10:44:58 PM
 #2334

I have invested only 20% of my wealth in bitcoins as it would be really risky to put all your money at single place and bitcoin being an online investment makes it more risky in compare to real world investments so its good to keep only a part of your money in bitcoins and rest should be divided at different places to reduce the risk of loosing money as if bitcoin dies in future then at least you have some money left in other investments from where you can expect some profits and recover the loss of loosing money in bitcoins.
Creating N Action
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January 21, 2018, 04:54:31 AM
 #2335

Not totally all my funds. I only put 50 % (percent) of my funds into bitcoin. Only half of my funds because I want to assure that my funds is safe. Why I put only half of my funds? The reason why I put only half of my funds into bitcoin is that some people around us can be hacker that's why this is only the amount I put it into bitcoin,if ever somebody hack my account, I have atleast half of my funds. I don't want to put all my funds into bitcoin because our account was located in online, in online you can encounter some risk but I am not saying that all of you will not put all your funds, I am not recommend you to follow what I am saying, this is only my own opinion.

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January 21, 2018, 05:07:58 AM
 #2336

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 am endeavoring to invest as much as I can in BTC yet at the same time I can't bear to put every one of my assets. What's more, regardless of the incredible current value this would be excessively dangerous in light of the fact that BTC is unpredictable and can go down too. What's more, it's constantly great to have differentiated investment that you bring down the hazard and increment the odds to benefit.
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January 21, 2018, 06:33:59 AM
 #2337

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.. ?
If you put all your money into bitcoin, I think it's very risky, because the fluctuating bitcoin price causes your money to disappear if the bitcoin price goes down and does not go up again unless you are prepared for the risks you will face. I'm sure you better know what risks you'll face when putting all your money into bitcoins..

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January 21, 2018, 08:02:54 AM
 #2338

Of course I don't place all my funds in Bitcoin, because that's still a bit risky, since BTC price is known by its volatility. But I still investing in Bitcoin and holding some amount of this crypto currency.

I am also investing in some good altcoins like Ethereum, Ripple and Litecoin. In addition with buying some tokens and investing in few promising ICOs.
You did wrong what is the surety that alts will rise will give you what you want from them the thing is bitcoin is currently the most popular coin and people are crazy about investing into it because bitcoin has blessed a lot of people in past and with really huge profits so my suggestion to you is takeout money from alts and invest into bitcoin this will give you satisfaction as well as profit of huge value will come at your door step.

pissyas
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January 21, 2018, 08:07:15 AM
 #2339

With this I can be sure that I'm saving big money and also getting profits with the time as bitcoin keeps rising and also I don't loose all that I have gotten. As many suggested above , and at the same time it is very popular saying " don't put all your eggs in one basket ". So I never invest all my funds in just bitcoins
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January 21, 2018, 08:10:35 AM
 #2340

First think of the pros and cons of investing all that you have got. Think of the money which you need to survive and won't be bothered if you loose the investment you had make
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