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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
stadus
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February 17, 2018, 02:28:04 AM
 #2401

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.
We have to follow the experts, don't just invest based on your emotion as most likely you will fail.
Even if you believe that a certain investment will give you a profit, it's still not advisable to put everything you have, need to be smart
and learn how to diversify your investment.

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mabell943
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February 19, 2018, 05:27:03 PM
 #2402

Yes we need to place all money in bitcoins because through the excellence and effective performance of bitcoin we can obtain more income.
Our money will generate more money without doing anything since they are the one who will provide profit.
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February 19, 2018, 05:51:21 PM
 #2403

It's a really good strategy to disconnect your investment, which can reduce the risk and you can get better opportunities to improve your income.
I guess your decision to make a major part of your funding in Bitcoin or Bitcoin is an estimate I guess. If you are ready and can carry more risk, then it is a completely wrong decision to understand if it is not otherwise kindly. So becareful and all the best.
L A R A
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February 20, 2018, 04:56:50 AM
 #2404

it is very dangerous to put all your money into bitcoin, because the bitcoin price is very volatile, and you are human having the need, what if you have a very urgent need when bitcoin prices are down? would you sell it with a loss? surely you also do not want to lose. Right ?
So my advice is to use unused money to put in bitcoin Cool
EinWert
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February 20, 2018, 05:06:42 AM
 #2405

No, i didn't. In fact, it would be very stupid idea if you did that, because it is very risky. I never put more than 40% of money i trade with into bitcoins, as i trade with etherium and fiat curencies too, so if i did put everything i have into bicoin, and for example it crashed, i would end up in big trouble
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February 20, 2018, 05:12:34 AM
 #2406

I wish  I did. Bitcoin is an incredible force. No one can keep bitcoin down. As a trader I usually diversify to some what hedge my trading and investment risk. But people usually say that if you know what you are doing, there is no need to diversify. I beg to differ on that.

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February 20, 2018, 05:40:11 AM
 #2407

I have very small funds in Bitcoin right now. I only have less than one thousand dollars in Bitcoin but I think I should change that right now as many coins now are going down the toilet again, mainly the erc20 tokens that is, because Bitcoin s going up again. We have lost 80% in BTC value of our portfolio since the crash and now it is getting worse for us again due to the fact we have most of our money in erc20 tokens. Only a few non erc20 tokens we own of small quantities have gone up against BTC in the last few days.


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rejin29x
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February 21, 2018, 11:03:19 PM
 #2408

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.
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February 22, 2018, 01:18:37 AM
 #2409

Of course, you just put your money in bitcoin to grow here and if you put your money in the bank you just got the money, you and you just keep your money in your pocket.
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February 22, 2018, 03:07:14 AM
Last edit: February 26, 2018, 11:10:49 PM by changcloy
 #2410

Of course, you just put your money in bitcoin to grow here and if you put your money in the bank you just got the money, you and you just keep your money in your pocket.

I got your point but i'm a little bit to disagree.YES it is true that if we put our money in banks it gives only small percent to grow not like in BITCOIN but think of it if you put it all to btc where are you going to get for your daily needs?asking to your friends or family??isn't it shameful for you?before you decide see to it you have extra money to live day by day while btc working for what you invest.
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February 22, 2018, 01:02:32 PM
 #2411

Risk is inherent to investment. Investing in bitcoin is highly speculative and the market is largely unregulated. And it is notoriously volatile but there is one strategy that you can use to manage the inevitable price fluctuations. Diversify your portfolio. You should not concentrate all your efforts and resources in one coin as you could lose everything. Consider some altcoins. Although you need to research the business model in detail for any coin or token you are considering and then carry out due diligence.
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February 22, 2018, 06:38:05 PM
 #2412

No, I am don't invest all money i have. Because, it's very risky if invest all the money into bitcoin. volatility is very high, maybe even for the next few years.
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February 22, 2018, 07:35:01 PM
 #2413

That is the worst thing. I'd never placed all of my funds into bitcoin or cyrpto-world; but there are some people who made it and then lost their all of funds.
We should always invest money in cyrpto which we can afford to lose.
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February 24, 2018, 06:52:40 PM
 #2414

Yes I place my funds in bitcoins becaude I believe in their excellence I will obtain more profit from it. Bitcoin is a wonderful blessing that you cannot even resist from its grace that it gives to you.
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February 26, 2018, 10:15:54 PM
 #2415

I think you should not invest all your savings in one currency. You can consider several options and invest in them. This will help you get more profit.

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February 26, 2018, 10:56:50 PM
 #2416

Risk is inherent to investment. Investing in bitcoin is highly speculative and the market is largely unregulated. And it is notoriously volatile but there is one strategy that you can use to manage the inevitable price fluctuations. Diversify your portfolio. You should not concentrate all your efforts and resources in one coin as you could lose everything. Consider some altcoins. Although you need to research the business model in detail for any coin or token you are considering and then carry out due diligence.
Actually Bitcoin does not create money to help us earning, it just helps us transfer money between traders, between noob trader and pro trader. Beside that, Bitcoin has more high risk, it can gives us more huge profits. As long as you can take advantage the opportunity of Bitcoin gives you, you will become the rich easier than any field.
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February 27, 2018, 04:19:13 AM
 #2417

Putting all your  money in trading will suggest to me that all other commitments of yours is adequately provided for. If that is the case with you,  there is nothing wrong taking such risk with bitcoin.  The more you put in the more you put out.

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February 27, 2018, 11:44:55 AM
 #2418

Just because something is a potential investment doesn't mean you have to put all faith in it. When it comes to investing, it is always best to put what you can afford to lose. Don't put all in one go otherwise you will have nothing left for personal or emergency cases.
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February 27, 2018, 12:53:24 PM
 #2419

Just because something is a potential investment doesn't mean you have to put all faith in it. When it comes to investing, it is always best to put what you can afford to lose. Don't put all in one go otherwise you will have nothing left for personal or emergency cases.

I agree in terms of investment we don't need to put all our money, we all know that bitcoin price is volatility so we didn't know when the price increase or down , all we need is to wait until the price of bitcoin reach the high price.
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February 27, 2018, 02:04:32 PM
 #2420

I did not because that can be stupid especially because you bought btc to hold and you don't have any savings for yourself, but if you really want then go ahead.
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