Investing all my savings!

[Andalusy]

Really is risky to invest all your savings because in investments, there is a chance for you to lose your money. Your saving should be there to help in times of emergencies or when you don't have any last resort. Once there comes a time when you would need to have extra cash, this is when you use up your savings. If you use it all up on investment, you may get in trouble once a time of need arises.

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[Distinctin]

Investing is always good. however if you invest them to some thing that you can not exchange to cash easily you shouldnt invest all of your money. for example it is ridiculous to invest in crypto market or real estate with all money.

That is not really necessary, there are a lot of investment and we have one purpose only which is to grow our investment.
Even in banks, some people put their money in time deposit with an interest over an agreed terms but it does not mean they cannot spend for their
needs because they only put a portion of their money and that is something out of the daily budget, so in short it's the same
in investing in crypto or other investments.

[dillpicklechips]

Investing is always good. however if you invest them to some thing that you can not exchange to cash easily you shouldnt invest all of your money. for example it is ridiculous to invest in crypto market or real estate with all money.

That is not really necessary, there are a lot of investment and we have one purpose only which is to grow our investment.
Even in banks, some people put their money in time deposit with an interest over an agreed terms but it does not mean they cannot spend for their
needs because they only put a portion of their money and that is something out of the daily budget, so in short it's the same
in investing in crypto or other investments.

In addition, you can just withdraw anytime if you need money. You know, Bitcoin is all about freedom over your financial management. Unlike bank, in Bitcoin the returns are high but risky due to its volatility but if we're looking for a long term investment then you surely would profit.

[Vanshenz]

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

You should not invest all your savings in cryptocurrency because in the crypto world the price is uncertain, if you lose then all your savings will run out in quick time ..
so I think you better use some of your savings for investment and some more to save savings ..

[sunlake]

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I think it's a good start though I just have 3 points for your consideration:
1. don't invest ALL your savings, save some for a rainy day. Maybe start with $5000 instead.
2. consider allocating higher % to bitcoin (60-80%)
3. consider allocating into 1 or 2 more altcoins in different verticals (e.g. anonymous coins such as xmr or zec)

[White32]

For me, investing all your savings to 3 cryptocurrencies you have mentioned is not really good idea. Why? because you cannot say what will happen the following days or months if the prices will either go up or down. It is very risky and the rates are flactuating. Also, what if something emergency that might happen in few days or months with your own personal life. Be proactive about uncertainties.

You're right investing all your savings in cryptocurrency is too risky. Don't ever do that because there are more possibly will happen to the next 5-10 years either bad or good news. I know being negative thinker is not good for the business but sometimes it could help us to make a better decision in life.

[fabrizoc]

You should not invest all your saving. Maximum 70% your saving is my advice. After that, BCH, BTC and ETH are my choices for you.

I will not advise the same because relying on altcoins for your savings is never a good idea specially once they have never been able to show the normalcy in their values. Bitcoin, if compared with any other currency in terms of stability, will win because by far bitcoin is most stable currency of the crypto market. You can switch to them for sometimes, but keep maximum in the bitcoin because it will slowly grow but will definitely grow and in case of dropping, it never drops too much suddenly and you will have the chance to withdraw your amount.

[Ottav1o]

 if I were you I would invest  -25% bitcoin.
-25% ethereum.
-25% litecoin.
-25% to other cryptocurrencies  ,pay attention to other cryptocurrencies , there are quite a lot of promising coins on the market now.

[Owl129]

Don't invest all of your savinh i suggest that you keep the 50% of your saving first and then buy 20% for btc since it has the highest price in the market and most probably will give you more profit 15% for both eth and litecoin. It is good to invest in different coins but don't go all in first just try first a little investment and when you are used to it and learn everything about investing in crypto then go for all in investment

[PuertoLibre]

Diversifying your holdings among top 50 cryptocurrencies will give you more chance to survive under bad market condiitons like panic selling by big players. Investing whole savings account to cryptos is not smart way to retire early but you still have a chance to laugh on  this posts one day in some point of world

[doge_shit666]

Don't invest all of your savinh i suggest that you keep the 50% of your saving first and then buy 20% for btc since it has the highest price in the market and most probably will give you more profit 15% for both eth and litecoin. It is good to invest in different coins but don't go all in first just try first a little investment and when you are used to it and learn everything about investing in crypto then go for all in investment

Your opinion is very good but at this point your answer is no help to the questioner anymore. I think they have decided. But in my opinion, we should not invest in Bitcoin. We should invest in ETH, Litecoin, Ripple .... etc. These coins have high potential in the future, they can pass BTC...

[death69]

I don't think this one will be a wise decision. You should start with small amount first before risking all of your savings. I think you must look first on how and where you will earn profits the most before deciding to invest all. In that way, you will be able to avoid thr chance of lossing everything you have in just one blow and one shot.

Well, the more risk you take, the more money you may have. Learn how to accept risk and loss and you will become greater. Many people have fail before they do really earn a great amount of money. You need to lose money for a few time so that you will have the experience to earn the money. Investing all of his savings, in my opinion, is a great idea

[Jake Virus]

A good choice. I believe that it is better to earn a little less (compared to small altcoins, where you can make good X), but at the same time minimize your risks. Bitcoin, etherium, altcoin are time-tested coins.

Well it is really okay to invest all your savings, but my advice is invest it on the best cryptocurrency and that is bitcoin, it can really help you to double the money you invest on bitcoin, and you can also invest your savings on some altcoin just like investing it on ethereum and litecoin.

[psychie]

I think investing all your savings is not good idea. I suggest you that only invest 30-40% of your savings. Holding bitcoin, etherium and litecoin are all good for longterm investment because they have a high potential.

[tuliobrothers]

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

I am still new here and in trading but i will surely not going to invest all of my saving because i just wanted to be safe and keep my savings for my children.  And my knowledge is not enough,  i am not that confident to put my 100% saving in crypto. I need to discover more techniques before i do that

[acener]

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

I think you should think of that more than twice as you can. That would be too risky for you to try. Investing all your savings in crypto would be risky because we all know that all cryptos are volatile and is unstabble so you better think of it well. The market is down and all prices are in red so you must be ready to face all the consequences if ever.

[Barcode_]

It will be very stressful to watch the crypto-currencies trading graph daily once you decided to invest all your savings into it, I don't think I will ever dare to invest all my savings into it, I would rather invest with only the amount of money I can afford to lose.

[cryptoblue77]

It is not a good idea to invest all you savings, you should keep some with you. You have decided to invest into three coins bitcoin, ethereum, and litecoin. I think you should add another one Neo.

[Joyawan13]

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

in my opinion suppose you will invest your money now for you to buy and you share, at BTC ETH LTC, suppose you to hold it for long period of time your choice I think is good, let alone you buy it at current price, maybe 5-10 year in the future you will benefit greatly of course.

[wack slacker]

If you want to have your hands on your hands, you need to understand, need to study carefully. The cryptocurrency market is young and risky. You need to have a strong psychology and take risks you will lose the money you earn.