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rejin29x
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January 31, 2018, 11:04:56 AM |
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someone can’t just go all in on Bitcoin, unless they’re crazy. You can just put all the money you have into bitcoin, it’s a big risk. Bitcoin might be going up now, and it looks like it will continue to go up forever, but it wouldn’t, cause one day it will fall, and if you’re unlucky it might be the time you invested your money. So if it happens to be all your money, then you’re finished.
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clarkt
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January 31, 2018, 11:27:54 AM |
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If you had place all your funds into Bitcoin right now you will not have any choice but to panic sell or panic hold. The market is down and many coin are in the red. It is not adviceable to place all your fund in one single asset. Diversification is hedge against market situation we are experiencing now.
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tambok
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January 31, 2018, 01:34:37 PM |
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If you had place all your funds into Bitcoin right now you will not have any choice but to panic sell or panic hold. The market is down and many coin are in the red. It is not adviceable to place all your fund in one single asset. Diversification is hedge against market situation we are experiencing now.
I am not placing all my funds in bitcoin as I am still saving for my account even for a little so that I cannot use my holdings in bitcoin as I wanted to sell it after few years. Though, I am trusting bitcoin more than I could but still not a good decision to invest all since we don't know what would happen later or tomorrow. |
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s.mahmood
Newbie
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Activity: 294
Merit: 0
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January 31, 2018, 04:15:36 PM |
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No, it's is not wise decision.If I replace my all fund into bitcoin and finally I have lost than I have no way to stand me.I think if I invest 30% to 50% of my fund and I have lost for any reson,I can start another business or same business.
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Alexis.Nick
Jr. Member
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Activity: 84
Merit: 2
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February 05, 2018, 05:41:53 AM |
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I place half of my funds into bitcoin because I am reserving half for my daily needs that requires money. I am confident that my funds that I put in bitcoin will grow in future.
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mrproblem
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Activity: 392
Merit: 24
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February 05, 2018, 05:50:48 AM |
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Put your money but not all funds please. You can earn lots of but you can also loose all your savings in the exchanges..
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Glydel1999
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February 15, 2018, 08:44:49 AM |
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Yes we need invest our money in bitcoin. Having a bitcoin and hold it will gives you more income in future that will benefited from your side. You may used it in personal or investment purposes.
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andrey111
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February 15, 2018, 08:33:02 PM |
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No. It's just not advisable to keep all the eggs in one basket. Although I very much believe in bitcoin, but nevertheless, besides me there are still a lot of people who believe in fiat money.
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Distinctin
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February 16, 2018, 12:52:56 PM |
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No. It's just not advisable to keep all the eggs in one basket. Although I very much believe in bitcoin, but nevertheless, besides me there are still a lot of people who believe in fiat money.
Bitcoin is already a high risk investing, and if you put all your investing in bitcoin that would simply mean you are taking too much risk. Either you will be rich or you will end up bankrupt, I would not do that and I cannot afford to take that big risk, I need to diversify my investment like putting in cryptocurrency and other industry. |
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Sunyoto
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Merit: 10
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February 16, 2018, 01:07:22 PM |
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If you have the ability to make a profit, it does not matter if you invest your money in bitcoin, then you will not lose investment on bitcoin, so you will get a lot of benefits, because the bitcoin price every day always increases even. higher.
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Birin016
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February 16, 2018, 02:11:50 PM |
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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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bib24
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Activity: 224
Merit: 10
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February 16, 2018, 02:48:33 PM |
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It’s good to spend money on investments rather than spending randomly on unnecessary things, however if you are capable don’t focus in just one investment. Although bitcoin is a profitable investment but it’s risky due to its volatility. All investments in general are risky so you need to be smart, if one investment might fail then you still have backup.
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miang
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Activity: 196
Merit: 16
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February 16, 2018, 02:54:02 PM |
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Putting all your money in bitcoin is a really innovative idea, though it is really risky especially bitcoin is really volatile. It changes it's price every minute, making it really hard to deal with. I do not prefer to put all your money to bitcoin, invest it on other things, not just bitcoin, maybe business investments.
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rxthree
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February 16, 2018, 03:25:50 PM |
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Some people were suggesting OP to put at least half money in bitcoin. So bitcoin's price fall from 1200-1300 to 935and today's low was 895. Well, if there is high need for money in some case, what do you suggest him? For example if today he needs bitcoins for very neccesery reason? He needs to convertmoney and if he bought bitcoin when it's price was 1200, his lose will be high and he won't profit but lose some money. We have to foresee such situation.
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conected
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February 16, 2018, 04:02:19 PM |
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No. It's just not advisable to keep all the eggs in one basket. Although I very much believe in bitcoin, but nevertheless, besides me there are still a lot of people who believe in fiat money.
Bitcoin is already a high risk investing, and if you put all your investing in bitcoin that would simply mean you are taking too much risk. Either you will be rich or you will end up bankrupt, I would not do that and I cannot afford to take that big risk, I need to diversify my investment like putting in cryptocurrency and other industry. - As you say, we will be rich or bankrupt, so in a certain aspect, if we have the courage and still young, and we have a stable job, I think we should invest all funds into Bitcoin, this will be the biggest bet once in our lifetime. Because our chances of success are quite large when Bitcoin trend is still growing strongly, although it is not entirely sure, but we are young, fail, we can continue to make money, good opportunity is not much, we need to take advantage. However, I will not encourage the elderly or middle-aged to use their entire fund for this, it's too dangerous for their lives |
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aurorabitcoin.96
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Activity: 210
Merit: 10
Never DO AIRDROPS
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February 16, 2018, 04:20:11 PM |
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Funny thing is you bet all of your money for some uncertainty thing. Bitcoin can kill yourself sometimes, well if you have something sure with you must take huge risk on bitcoin?
Just spent 500-1k bucks and i think it's enough to make profit for you.
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Celebrity
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February 16, 2018, 07:13:32 PM |
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Some people were suggesting OP to put at least half money in bitcoin. So bitcoin's price fall from 1200-1300 to 935and today's low was 895. Well, if there is high need for money in some case, what do you suggest him? For example if today he needs bitcoins for very neccesery reason? He needs to convertmoney and if he bought bitcoin when it's price was 1200, his lose will be high and he won't profit but lose some money. We have to foresee such situation.
No, I didn't put all my funds in bitcoin because putting all in one basket is the risky obviously. I find more coins to invest in them and I search for it continuously on the exchanges. |
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rxthree
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February 17, 2018, 12:05:10 AM |
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Well I have only 20% of my investments in bitcoins, the rest go towards exchange traded funds in which many famous investors swear by if you are someone like me who is ok with letting others manage funds for you. Have not really been disappointed by etfs so far. Used to dabble in altcoins, stopped ever since dogecoin, was fun while it lasted though
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miang
Member
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Activity: 196
Merit: 16
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February 17, 2018, 01:28:49 AM |
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Why would you do that? Then, there would be nothing to be spent by you.
Just invest those you think you can afford and have something left for yourself and for emergency purposes. That is not how investing should be. It is suicide. Actually this is a dumb question but I think you need some light.
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zander09
Full Member
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Activity: 546
Merit: 100
CryptoTalk.Org - Get Paid for every Post!
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February 17, 2018, 02:23:20 AM |
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Some people were suggesting OP to put at least half money in bitcoin. So bitcoin's price fall from 1200-1300 to 935and today's low was 895. Well, if there is high need for money in some case, what do you suggest him? For example if today he needs bitcoins for very neccesery reason? He needs to convertmoney and if he bought bitcoin when it's price was 1200, his lose will be high and he won't profit but lose some money. We have to foresee such situation.
No, I didn't put all my funds in bitcoin because putting all in one basket is the risky obviously. I find more coins to invest in them and I search for it continuously on the exchanges. Putting all your money in bitcoin is really risky, because the price of bitcoin can be down anytime and what will happen to your funds if that really happen. So better to put your money in different coin or in business. |
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