Investing all my savings!

[goaldigger]

Before investing all your saving to bitcoin , you should consider this first. The emergency fund or cash buffer. You should have a saved money for emergency purposes because a liquid cash is a necessity. If you have this aside from the savings you invest, well go for it then.

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[hynext]

In my opinion, you choose the best cryptocurrencies but i suggest you to put 50% on your bank because cyptocurrency is volatile. No one can predict the priced. If you hold 5-10 years, I encourage you to put in bitcoin only for long term and make good profit.

[BitScreener]

Good luck, high risk - high rewards, maybe

[BlackBird13]

As much as trading might be profitable.
You can lose all your savings.

So please do think twice before investing ALL of your savings mate 

[TorbiK]

To invest all savings only in crypto-currencies is a risky business. Take care of the safety of the currency itself do not store on exchanges, be very careful. Do not lose anything and do not forget. In five years much can happen. Your assets in the price will grow very much, it will be insulting if they are kidnapped or you forget the key. Good luck to you.

[bhabygrim]

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

This is good. However, you should consider slowing it down. You should consider that investments are risky. It is true that crypto currency investment can be a good thing, but there are times that crypto currency prices drop. Just invest the amount of money that you can afford to lose.

[Victorycoin]

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

This is good. However, you should consider slowing it down. You should consider that investments are risky. It is true that crypto currency investment can be a good thing, but there are times that crypto currency prices drop. Just invest the amount of money that you can afford to lose.

Op obviously made a wise investment decision by diversifying his portfolio and his choice of digital assets - BTC, ETH and LTC are about the best the industry offers. If I was to do same, only change I would want in, would be to split the buying into a number of intervals instead of a one time buying as a way to put check on excessive volatility.

[Bagaji]

Despite the fact that you split your money into different crypto currency it is the same thing as you didn't diversify your investment capital into different investment opportunities because if any thing negative should happen to crypto currency generally all your investment will be gone. So, I will advise you to invest some portion into some real sectors in the economy to reduce the risk of losing your capital. You can further seek experts advise before you invest all your money into crypto currency.

[Inkdatar]

Investing all your savings into cryptocurrency is good and you spread your investment in 3 coins. Your chosen coins are on the top lists in coinmarketcap will give a return of profit even for a long term. But, to be wise I'd rather invest not all as we know in cryptocurrency world price may drops any moment for that you have to monitor always your investment to be careful and not to lose all your money.

[Hoganye]

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

This is good. However, you should consider slowing it down. You should consider that investments are risky. It is true that crypto currency investment can be a good thing, but there are times that crypto currency prices drop. Just invest the amount of money that you can afford to lose.

Op obviously made a wise investment decision by diversifying his portfolio and his choice of digital assets - BTC, ETH and LTC are about the best the industry offers. If I was to do same, only change I would want in, would be to split the buying into a number of intervals instead of a one time buying as a way to put check on excessive volatility.

First of all, I just see this porfolio has more than 75% for Bitcoin, because Litecoin is a cloned coin from Bitcoin and its value depends on the price of Bitcoin. You can see the USD rates of Litecoin did not dump below $50 after the price of Bitcoin increased. I think he should invest in other potential altcoins and anonymous, private altcoins as Monero, Dash, Zcash, ...

[lenovo16]

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

For me its a good decision to make. Its nice that you have a variety of investment ad not just focus in a one coin only. Perhaps when the value of bitcoin goes high , altcoin will fall down. And vice versa when altcoin goes high, bitcoin will fall down. So its nice if both of your investment are earning. Especially if you hold it for long time.

[richlipkin]

I love this thread. Go all in, baby!

If you had bought all BTC, you would have some major profits by now. Good choice!

[ubeng07]

I disagree that you put all of your savings to cryptocurrency because indeed the price here are very volatile it might change immediately. We are giving our opinions here but the final decisions is yours, if you that's what you really want then go ahead, just monitor the price always so you will have idea what is happening to your money.

Agreed! It is very much risky to invest all your saving and that too in crypto currency. Investing your money is really a very good idea as it will help you in making a good amount of money but the thing is you need to have something in your pocket in case something goes wrong. I will suggest you to invest 70% of your funds while keep rest of your savings into your own account.

Investing of all of your savings is no doubt a very good decision but at the very same time, it is very much risky thing as well. I will suggest you to think well before making any decision. It is because of the reason that if you opted the wrong investment, then there are chances that you are going to lose all your savings. You need to be very much careful while making such kind of decisions.

yes it is a good idea investing all of your saving but always make sure that the decision that you have made for is 100% that you are convinced on that because we cant say that if you take that risk is you can get it back because we now how you have to face all the struggle here so better that you are convinced on it before make some decision that you can take the regret in the future.

[Babyjamz3026]

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

That's a huge amount, the thing I could say to you is buy altcoins such as Ethereum, Xem, Waves, Mysterium/myst, Adex/adx, and Bitcoin. Now its up to you how many percentage you are going to divide it in the altcoins which I had mentioned.

[v0rtecxz]

I think what you are doing is risky but on the other side there will be many benefits you can make in the future, dividing your savings into some crypto currency is not a bad thing but what we know the price of crypto is not as stable as sometimes rise and sometimes it goes down further, and I think it's better to keep some money there for urgent or emergency purposes, and the rest you can use to buy some crypto you want

[PatyZante]

Save some for something outside cryptocurrency. Like stocks, life insurance or maybe a business. You can never be too sure.

[yanxiaoyu5008]

I STILL think this is a dangerous thing.

Make sure you know what you do and what well happen.

[FoxTheHuman]

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

That's a huge amount, the thing I could say to you is buy altcoins such as Ethereum, Xem, Waves, Mysterium/myst, Adex/adx, and Bitcoin. Now its up to you how many percentage you are going to divide it in the altcoins which I had mentioned.

Yes, I think we should split it up and invest in different altcoins to make the most of it.

[Gabb]

Bitcoin, Ethereum and Litecoin? Without a doubt it is a very conservative portfolio, although taking into account that your investment plans are very long term (ten years), maybe it could work... if not before those coins disappear. I believe that allocating the savings of your life to assets as volatile and unpredictable as cryptocurrencies could be an unnecessary risk.

[Fear]

I agree with Bitcoin and ETH. But with Litecoin, I think its price is too high now, and it will fall down soon. Let choose another coin such as Ripple.