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Author Topic: did you place all your funds into bitcoin?  (Read 123563 times)
Farvin2
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April 09, 2018, 03:35:20 AM
 #2561

Bitcoin is good for investment. But do not expect too much just from bitcoin. Allocate your money depending on what are your needs,it is still good to leave something on you on your fiat. And we have to put our funds in many baskets so as to minimize the risks involved.
EinWert
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April 09, 2018, 04:20:51 AM
 #2562

It will be very risky to put all your money in bitcoins and it will be even more risky if you are depending only on single form of investment to make profits in future as there is no guarantee that bitcoin will survive in future and take care of our investments so to be on safer side its always good to invest your money in different products.
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April 10, 2018, 08:01:26 PM
 #2563

No.  Always save some cash so you can buy more bitcoin when it crashes again.
Zlatna Kopa4ka
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April 10, 2018, 08:15:57 PM
 #2564

Of course not! If all of my funds were just into Bitcoin it would be pretty bad at the moment. I have invested i quite a few altcoins, and obviously into Ethereum. I don't recommend to anyone to invest all of their funds into digital crypto currencies, its just not a very bright and a safe idea. Spread out your coins on other investments as well, only having one income is kind of a bad thing or maybe just save the money, they don't have to be invested all the time.
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April 10, 2018, 08:24:01 PM
 #2565

I have not invest all my money in bitcoins as it can be very risky to do so as no one knows where bitcoin will land in future and how it will perform and if price crash then it can be a major loss on our investments.
Gameroid
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April 10, 2018, 08:36:05 PM
 #2566

Currently bitcoin is available for investors very cheap rate and this is the good time to buy bitcoin because it is good position to get good profit in future and I personally feel this is the good and best time to putt all funds into bitcoin because I think and there are lot of big names are predicting the bitcoin future and they are saying bitcoin will go to the moon in future and their impact is very profitable in future,
But still it does not mean that we can put all our fund in bitcoin, we can only put invest some percentage of our money in bitcoin, i think we should distribute our fund in different places, because it is never good to put all your eggs in one basket. Distributing our investment in different places decreasing the chances of losing all our money in one time, but also increase the chance of making money. Therefore i think we should invest our money in different place.
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April 11, 2018, 01:56:35 AM
 #2567

A lot of investors think, that place all funds into bitcoin is the right decision. But you need to understand that it will bring less profit than investing in altcoins.
I love and i trust bitcoin really well but i dont place of my funds into bitcoin, because right now there are also many altcoins that is very profitable to invest our money, and i think putting the 70% of our money with bitcoin is really good thing to do and the 30% is to invest with some altcoins.

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April 11, 2018, 02:15:04 AM
 #2568

Right now about 80% of my portfolio is comprised of Bitcoin and another 10% is Bitcoin Cash. The proportion of Bitcoin has increased during the last 2-3 months, due to the fall in value of some of the altcoins I own.

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April 11, 2018, 02:18:26 AM
 #2569

I think the market is recovering :3
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April 11, 2018, 02:26:16 AM
 #2570

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 did not put all my money into Bitcoin. Maybe only part of it, because if all the money I put into Bitcoin. Surely the risk is huge and we could lose all the money we have. Bitcoin is very profitable but behind big profits must have a greater risk. So do not be too obsessed with Bitcoin, because something that is too excessive is not good.

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manggis97
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April 11, 2018, 03:38:21 AM
 #2571

This is depend on the what price when buy it, if we  buy in the bottom that good idea because BTC is strongest and biggest cryptocurrency. But to have better risk management will be much better to buy minimum 2 different coins, BTC and ETH is good option. In my personal i was put my money in to 10 different coins and i can trade it to get more profit.

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April 11, 2018, 03:55:27 AM
 #2572

We know what is the best, we convert on high price, we convert on low price. You can do whatever you can in your own funds, but we know what are the risks in bitcoin. We should analyze our own funds, we should not let our greediness affect our own strategy. We know how volatile the bitcoin is.

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April 11, 2018, 04:05:12 AM
 #2573

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's not good idea if you put all your money in bitcoin, it's too risky, only 40% I think is better and you can save your money for another. bitcoin have not in good price rightnow, so you have to be carefully when you spend your money in bitcoin.

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April 11, 2018, 04:12:44 AM
 #2574

Too risky if you put all your money in one place. if you know about risk management i think you can find out how percentage of your money to invest in one place and for another.
I only put 20% of my assets in bitcoin and 30% in another place, 30% for my savings in my crypto wallets and different assets in bank. 20% for my life.
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April 11, 2018, 05:30:50 AM
 #2575

In my opinion, 50% of your fund is enough to put in bitcoin and 50% is for another investment or for your back up. It's better to to have choices because investing is a totally risky. And i suggest to you if you invest in bitcoin, make sure that you have a target price/profit so that you didn't encounter the panic selling. Atleast you have a goal.
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April 11, 2018, 05:49:47 AM
 #2576

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's not good idea if you put all your money in bitcoin, it's too risky, only 40% I think is better and you can save your money for another. bitcoin have not in good price rightnow, so you have to be carefully when you spend your money in bitcoin.
I think it would be good if getting the price is down and wait for a few years bitcoin will increase over the current price and will give you an unexpected advantage

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April 11, 2018, 06:00:45 AM
 #2577

I think that it’s how everything works. You must always have a sort of Plan B. But still if you have some extra money and you don’t know what to do with them - buying Bitcoins is a good idea. That’s my opinion, but I don’t mean that’s the only way.
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April 11, 2018, 07:17:11 AM
 #2578

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 are interested in Bitcoin and plan to invest with your money, I suggest you spend a small amount of bitcoin.
Do not spend all your money on bitcoins.
You must understand bitcoin before buying bitcoin.
You must also be good at controlling market conditions.
If with a small amount of bitcoin you are able to generate profit then you can buy bitcoin again.
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April 11, 2018, 07:55:30 AM
 #2579

I think it's too risky to put all your money in bitcoin because bitcoin prices keep going down and we do not know what's going to happen in the future, you can even lose your money

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April 11, 2018, 08:09:41 AM
 #2580

if I have enough money I will all of that in bitcoin since bitcoin today is much more profitable than banks and also they are saying that if money place to bitcoin it will become double or triple.
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