Investing all my savings!

[GeniusAko]

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

Do not invest all of your savings in the cryptocurrency! Invest only partial of your savings. There is high risk in investing your money on cryptocurrency. I think it is good if you will study first the investment that you will do.

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[SkustaClee]

as they always say, the greater the risk, the more profits. I would not suggest you go all out with your savings though, because, in every investment, you should always have a plan to do something, but if you feel this is a risk you are willing to take no matter what happens in crypto in Crypto World in 5 -10 years ahead, then nothing can stop you.

Your percentage distribution is fine, because you hold the long run, but I see no reason why you should wait. No one knows the future, but it might be good, if you buy it now, save some money and if there's a setback, buy more.

It is true. Creating plan is very important for you to easily know what you gonna do next. Cryptocurrencies are so volatile, you should know that you can lose your money anytime.

[Ranillo79]

Its okey if you invest in eth,btc,and ltc. This coins has a high volume and demand even more times it dip it surely comeback much better. This coin is growing and growing. But investing in a new coin dont put all your saving because there is a chance of shutting down the project and tou money will disappear

[bitcoinveda]

it's all up to you my friend,but for me you can invest half of your savings because we don't know the value of the coin its up & down.

Yes, as an investor we can't do anything because when the prices are low we have to invest them in order to make the profit when the price of coin increases. People who are waiting patiently will make more money in crypto because i am experiencing these things from the beginning of my crypto trading.

[BobBct]

I wont recommend that because if BTC dump you will also be affected. so i recommend invest what you can loose not like your house, car all your savings to risk. use your common sense to be ready at any situation.

[burner2014]

I wont recommend that because if BTC dump you will also be affected. so i recommend invest what you can loose not like your house, car all your savings to risk. use your common sense to be ready at any situation.

It is recommended to invest all the funds that is intended in investing but not all your money should put in investment since we don't know what price we would have tomorrow or the next day, but one thing is for sure it would rise in the future but we are not that certain when it will take or for how long we will wait.

[rosalyn07]

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

Don't invest all your savings in cryptocurrency. If you want a long term investment devide your savings the 6500$ make it your savings then the 6000$ split it into 2 3000$ on bitcoin and 3000$ for ethereum so incase of emergency you have a savings.

[bitchubitchu]

investing all your savings in cryptocurrency,in my own opinion is too risky.Why not invest the half of it in other things.We all aware that bitcoin now is not that good than the previous year.Think more about your decision.By the way goid luck to you my friend.

[mmhaimhai]

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

Don't invest all your savings in cryptocurrency make it half then split it into 2 50% on bitcoin and 50% on ethereum if you want a long term investment.

5-10 years is really long period and it would be hard to predict what would be price of any cryptocurrency happen in that time, if they still exist. If 12500$ you have today is something that wont bother you if something bad unexpectedly happen the go push your plan but if you saved that for future usage and you know you will be needing them I don't suggest you put it in investment like altcoins. Look how almost altcoin dump continously this past few weeks, I bet too many trader and hodlers are now in loss.

[rapperug92]

Sure, day trade can be very effective in making some cool bucks and adding to what you have, but it all still balls down to the aspect of knowing what to do. It is not all about buying at dips and then selling at peaks, there are just some dips you think are dips which they end up not being and then if you are not good enough to make decisions, so many people fumble it up which is why the OP should thread carefully before considering any day trading option

[collins3]

If you will invest all your savings then you are in danger because you will not have any back up money for any emergency situation that may happen in the future and it is best for you to not do it and sell some of your bitcoin and keep them in a safe place like in banks as a back up money. Cause if you lost your capital in trading you could start it again

[bealjulian]

That’s the best thing you can do with you saving to putting it into the right place and still there is more coming in future that will give you millions out of your saving s just you have to keep patience and don’t get panicked and don’t leave the side of of bitcoin, I would not recommend as cryptocurrency can change very quickly and it can drop hard making you lose all your money

[gurupauts]

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

investing all your savings in different places I think it makes sense because you can profit from different places at different prices, but you should keep monitoring the price movement of coins to avoid losses

[iagyei259]

You have a good portfolio  and your strategy  of holding it for such number of years makes your idea laudable. But I will only recommend  you invest all your savings only if you think is possible  to make an end meet  and fulfill  all emergency  demands without  touching  your cryptocurrencies  investment. If all things being equal, you leave this money in crypto by the end of your investment  period, you can make about 1000% of your initial  capital.

[dzhan]

Investing all your savings in crypto currencies or trading is very dangerous and risky decision. The prices of this currencies is still very volatile, and trading itself is really a risky domain, because you cant avoid the losses. It is better to invest a part of your savings in the most promising coins and tokens.

[emmybd]

In my opinion, it is not a good idea to invest all your savings in cryptocurrency. You can invest as much as you can afford to lose. What if any unusual things happen and you lose everything, so I would suggest you reconsider your plan and devise a new strategy.

[Rebisco]

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

Investing all of your savings is good but you should know that your money can lose anytime. There are many cryptocurrencies that can considered as bubble, so the meaning is the value of a particular currency can lose its value anytime.

[Johnzky]

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

go invest today.this is the dip you're waiting .but if you still hold that $12,500 since this post is almost 4 months ago.but let me tell you something dont you ever make investment with all of your funds because failure is just around.what will happen to you if suddenly this forum break out,and theres no other way to win it back?what will you do?

[akram143]

Investing all your savings in crypto currencies or trading is very dangerous and risky decision. The prices of this currencies is still very volatile, and trading itself is really a risky domain, because you cant avoid the losses. It is better to invest a part of your savings in the most promising coins and tokens.

Yes making a investment in crypto currencies is a good idea but investment with all your savings is very risky but splitting investment is also one of the best way to reduce losses but make a good decision before investing your money .

[len23]

For me it's not good you might lose all what you have,cryptocurrency now is in dip we all knew that.But if you think that you can do it and will gain profit go for it besides you will be the one to decide what do you want.