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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
rxtwo
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March 31, 2018, 02:48:39 PM
 #2501

I did place some of my money into bitcoin, in other words, I invested on bitcoin, it is a really good asset though, it's price are really unstable making it a bad and really wrong choice of investment when we are talking about profit. Making an investment to an asset means that you will be having a sure profit from it, without any complaints about it.
rxthree
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March 31, 2018, 03:39:10 PM
 #2502

Putting everything into bitcoin is not ideal. Or better yet, putting all your money in one investment is not ideal, just because the risk you are taking is not a hundred percent. You probably know that if you value your money also. Budgeting is really important to see what you can actually save in the future.
contactmike1
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March 31, 2018, 04:26:19 PM
 #2503

Trade altcoins in terms of BTC, I mean grow your BTC, not USD value. Holding just in BTC isn't enough to suceed. Diversify our portfolio and eventually you will find a right solution, what combination mostly fit you
bytomboy1234
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March 31, 2018, 04:36:45 PM
 #2504

I think placing all of your funds into bitcoin is a dangerous decision because right now bitcoin is down and we do not even know when it will rise up again , so i think it is better to monitor bitcoin for now
Yeah i think no one take that much risk by adding his or her all funds in Bitcoin because no one knows that when Bitcoins price will rise or go deep down.It's better to divide all your funds in some AltCoin like adding some funds in Eth and some in other altCoins Or trade to make profit.For me i never hold my bitcoin in my wallet, i transfer all funds in my bank on same day.
prashanta
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March 31, 2018, 04:40:28 PM
 #2505

Bitcoin has been very volatile and it crashed spectacularly no longer goodbye in the past. I assume having a few bitcoin is a great idea, however, placing all of your money is honestly now not the way to head. different cryptocurrencies are developing and they will be beneficial in lowering the transaction cost and sending money in which it isn't handy. But more important things is that Crypto takes patience.
InvestICO2L
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March 31, 2018, 04:44:48 PM
 #2506

I think placing all of your funds into bitcoin is a dangerous decision because right now bitcoin is down and we do not even know when it will rise up again , so i think it is better to monitor bitcoin for now
That’s right ,I definitely agree with you. It brings you lots of risks if you give all your money in bitcoin market. We all know that all coins in crypto market both notoriously volatile. Especially from the end of 2017 till now it’s fluctuating currently and in bad way. Although bitcoin is a good and  even a convenient way for you to keep an eye on it, but it’s really dangerous. In anyway, I advise you not to put all your money in bitcoin, you maybe lose all if you go in wrong way.
anzhanbei1214068
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March 31, 2018, 06:01:41 PM
 #2507

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.. ?

Bitcoin is a good investment, but I wouldn't recommend putting all of that money into it. Because investment COINS or there will be a big risk, we can use a cash investment, even if after the investment, its price is lower, also won't panic, we can wait for 1 to 2 years in BTC throw our investment.
hatun
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March 31, 2018, 06:16:28 PM
 #2508

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.
Investment of all money is simply a suicidal decision. At present bitcoin price is attractive to purchase, yet you can't assure that this price will not crash further. Any investment is risky. Thus do not keep all of your eggs in one basket. Purchase with maximum 50% of your fund and keep rest 50% handy for emergency purpose or rebuy to average price.
hurriebra49
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April 01, 2018, 06:39:16 PM
 #2509

Yes off course bitcoin price is down currently and the market situation is telling there is best time to invest in bitcoin and I am investing in bitcoin almost all of my funds and this time is best to place funds into the bitcoin because bitcoin price in future will go high and makes you able to get good return,
miyong
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April 03, 2018, 11:51:36 PM
 #2510

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 strongly believed that bitcoin is a good choice for our investment but with a greater risk so it is much better to put a portion of your savings and do not put all your money in single investment.

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marginal
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April 03, 2018, 11:57:45 PM
 #2511

I have many altcoins in my wallet, so money is in different pockets. In this case, if bitcoin plunges again, it wont affect drastically cos my funds are allocated in many alts.
miyong
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April 03, 2018, 11:58:08 PM
 #2512

No,  i did not,  i only invest some portion of my savings for now but before,  i actually dit it,  i placed my savings just to earn or get a small profit because of a very small capital since i am only a student.

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syahdurindu
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April 04, 2018, 12:14:32 AM
 #2513

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.. ?
in my opinion do not keep all your money in bitcoin, because the risk to lose too big. then you will be difficult if suddenly you need fiat money while bitcoin price is decreasing, of course you will lose if sell it.
advice from me keep some of your money in bitcoin, and partly you hold for your needs.

DevilSlayer
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April 04, 2018, 03:58:39 AM
 #2514

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 placed my money on the bitcoin is because of the big amount of profit that I can get. Yes it is risky but I love to take risk. The more the risk, the more the money that I can get.
natsu01
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April 04, 2018, 04:11:58 AM
 #2515

I still not transfer my funds into bitcoins but i have already planned that i will transfer it into btc because bitcoin can hit up to 20000$ maybe in the 3rd quarter of the year 2018.
Sihab76
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April 04, 2018, 05:57:14 AM
 #2516

No. I will transfer half 🌓 of my money into bitcoin and Ethereum because now bitcoin price is so low that if i could transfer my amount into bitcoin, then it would bring more profit in future.
btcformula
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April 04, 2018, 06:11:45 AM
 #2517

never do this mistake , Bitcoin is a good investments and you can earn here if you are wise enough if place in a nice investment.
otundebis
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April 04, 2018, 06:15:12 AM
 #2518

Not all but eighty to ninety percent of my fund are in bitcoin.  When it comes to cryptocurrency,  bitcoin determined the pace and the success in cryptocurrency market.  It therefore a wise decision to place larger part of your fund in Bitcoin.

mstfprcn
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April 04, 2018, 06:20:29 AM
 #2519

I can't place all my funds into bitcoin because I was scared that one day bitcoin were declared bankruptcy. But I put enough fund as investment for the future value of bitcoin.
josephpogi
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April 04, 2018, 06:32:19 AM
 #2520

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 have almost no funds in bitcoin, cuz whenever I buy bitcoin, I find another altcoin that I want to invest in. By buying altcoins, I was able to increase my total portfolio by 10x easily. Just look through the top 200 coins at coinmarketcap, do a little research and buy some coins you actually believe in. Solarcoin and Ethereum have both worked out very well for me!
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