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crisanto01
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March 27, 2018, 04:43:11 PM |
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Although BTC is the ancestor in the trading market, I would never place all my money into BTC. I would diversify my into different alts. It may reduce the risk and safer for me. Of course, the price of BTC is stable and bear the risk, so I would spend most of my money buying bitcoin and would rise in the future.
I did not place all what I do have here in bitcoin, we are still human that needs something so what I am doing is that I am just putting what is enough so that I can still sustain the needs of my children in our daily life, and saving some for emergency reason. |
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Kurokyy
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Activity: 448
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LETS GO ADAB
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March 27, 2018, 04:50:48 PM |
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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 cant say yes or no, it will depends on your goal with your money by investing in bitcoin. Do you want it to double? triple? or you just want to make a little profit? Investments have always risk not just in bitcoin, all you have to do is make a strategy that will make profit to your investment. |
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btcminer6212
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March 27, 2018, 04:57:16 PM |
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Bitcoin having the good impact on future market because it is becoming the need of this latest era of Blockchain technology and creating more and more facilities for users and investors and their demand is cleared the future of investors I think their price will touch $20,000 after June but right now their price is good to buy and the best time to invest in bitcoin instead of investing in other Crypto or other place for the sake of earning profit.
I think we don't have to focus on just Bitcoin or altcoin when you can trade both at the same time. It will allow you to benefit from the high level of fluctuations that altcoins experience, and you can benefit from Bitcoin's ups and downs. You don't have to be a very active trader for this. If you just occasionally buy and sell, you'll do just fine. Profits are profits after all. I prefer to do it this way than to go full in trading. Full trading requires too much of my time. |
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Usafstar
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March 27, 2018, 05:02:17 PM |
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For now it is the best policy to adopt that bitcoin is growing now and people who have capital they can invest their funds in this currency and i will place all my funds into bitcoin and i know that soon the bitcoin graph will touch the sky so at that time i will not able to further invest in this currency so for now the investment of bitcoin is a good plan for the future . If we sold all the property and invest the money into crypto so this will double the value of my investment and it requires proper management first.
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sebastianpenguen
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March 27, 2018, 05:35:11 PM |
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No, I will never ever place all my funds into bitcoin, I strongly prefer to diversify my investment portfolio into many different areas, the crypto-currencies trading market are much more volatile as compared to other traditional investment, so it is safer to trade crypto-currencies with the amount of funds I can afford to lose.
Personally, I didn't put all my money in bitcoin or coins. This would be extremely risky for my money. I distributed them into different sectors. This is the best option for me. |
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Birin016
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March 27, 2018, 05:36:28 PM |
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Bad idea that places all your funds into bitcoin or in a single investment. It too unsafe things. For me the best things you can do is split your resources into bitcoin, Litecoin, Ethereum or others cryptocurrency. So what matter will happen you have backups. This idea will defend you from possible risky and dangerous
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suhoy
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Activity: 157
Merit: 10
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March 27, 2018, 06:04:31 PM |
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I wish I could do so - but currently a part of my portfolio is in various altcoins - and I can't sell them currently for the BTC because course is way too bad.
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Suslura
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Activity: 579
Merit: 10
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March 27, 2018, 08:23:17 PM |
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Bad idea that places all your funds into bitcoin or in a single investment. It too unsafe things. For me the best things you can do is split your resources into bitcoin, Litecoin, Ethereum or others cryptocurrency. So what matter will happen you have backups. This idea will defend you from possible risky and dangerous
The fact is that you still need to decide on the coins in which you can keep your money. We all understand that the crypto currency is always unstable and carries some risks, but only an accurate analysis will give you the opportunity to minimize these risks. |
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trand
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Activity: 252
Merit: 100
Streamity Decentralized cryptocurrency exchange
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March 27, 2018, 08:36:38 PM |
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I do not place all my funds into bitcoin but I place all of money into cryptocurrencies. I have a strong feeling that in the future, I will become a rich man with cryptocurrency. It is hard for many people but to me, it is not just a dream. it is a reality. What I have to do right now it to trust cryptocurrencies and place my money on it
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marseille
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March 27, 2018, 08:48:45 PM |
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I do not place all my funds into bitcoin but I place all of money into cryptocurrencies. I have a strong feeling that in the future, I will become a rich man with cryptocurrency. It is hard for many people but to me, it is not just a dream. it is a reality. What I have to do right now it to trust cryptocurrencies and place my money on it
Everyone dreams to get rich in future and bitcoin has given us hope to make that dream into reality but still I will never take a risk of investing all my money in bitcoin as the future is unpredictable and no one knows what exactly happen in future and high price volatility of bitcoins makes it even more riskier form of investment and if you have put all your funds in bitcoin and if price falls dramatically then you will be loosing all your money in no time. |
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waqasniaz007
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March 27, 2018, 08:58:47 PM |
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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 put all your eggs in one basket. Make strategy and diversify ur investment portfolio. Investment in single coin is obviously risk. |
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Testimony50
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Activity: 53
Merit: 0
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March 27, 2018, 09:00:30 PM |
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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.
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bitllionaire
Legendary
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Activity: 1120
Merit: 1000
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March 27, 2018, 11:58:51 PM |
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Bad idea that places all your funds into bitcoin or in a single investment. It too unsafe things. For me the best things you can do is split your resources into bitcoin, Litecoin, Ethereum or others cryptocurrency. So what matter will happen you have backups. This idea will defend you from possible risky and dangerous
Yes it is right to say that it is not a good decision to put all your fund in to bitcoin, because we are not sure about bitcoin price that what will happen to it, therefore i think we should only invest such amount of money in bitcoin that we can easily accord to lose and which may not create financial problem. To me i have invested about 70% of my assets in bitcoin, i even think that still it is a big amount because i cannot afford to lsoe my 70% assets. |
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Wyne
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March 28, 2018, 01:54:38 AM |
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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 that is not a good idea. In any investment field, whether it is stock, business or cryptocurrency, you should put in mind that there will be no 100% assurance that it will succeed or gain profit from it. There will always be two results, earn or lost. This is the reason why there is a saying reminding us "do not invest money you cannot afford to loss". If you put all your money in bitcoin, it is good for you if your investment will earn instantly due to bitcoin value increase but what if you encounter dumping of price after you invest then you gain losses? How will you recover if there is nothing left on you? My advice is just invest a part of your money in bitcoin. Always remember that bitcoin is volatile in nature. It always has a tendency to pump and dump anytime. |
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hsjrjkf
Newbie
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Activity: 127
Merit: 0
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March 29, 2018, 09:53:03 AM |
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The industry itself is very risky. I do not recommend that you invest all of your money in this industry. Because this is a very adventurous approach, if one day it suddenly fell, then you will have nothing.
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kramr
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March 29, 2018, 10:09:36 AM |
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Bitcoin will never experience any sort of fixed price/value as it is basically a free market. If you look at other assets, then there is no such a thing with a fixed or total form of stability. Supply and demand is a basic thing that applies to everything in the world that has a certain value. Other than that, regardless of the type of investment, people should never go all in. It's common sense for most people, but it's still important to mention as not everyone has the ability to use common sense....
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Savemore
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March 29, 2018, 10:37:28 AM |
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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.. ?
The reason why I invested all of my money to the bitcoin is because I know that bitcoin is the key for me to become successful person. It is risky but I am a risk lover so I have courage to make investment. |
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BobBct
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March 29, 2018, 11:10:51 AM |
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That's risky because to place that amount you need to be very careful because of the volatility of crypto and without any care you can lose all your money that quick.
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baconlike
Jr. Member
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Activity: 308
Merit: 3
The Premier Digital Asset Management Ecosystem
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March 29, 2018, 02:16:59 PM |
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The industry itself is very risky. I do not recommend that you invest all of your money in this industry. Because this is a very adventurous approach, if one day it suddenly fell, then you will have nothing.
Yes. They are extremely risky. I think like you, we should not put all the money into the BTC. So when the market drops we lose a great deal of value. This will lead to a mental collapse. I think I should use some free money to invest in BTC. |
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cptdome1
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March 29, 2018, 02:20:54 PM |
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i have a better idea than just placing all your funds into bitcoin. take out loans and buy bitcoin with those funds too!
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