Investing all my savings!

[thulisman]

I think you should only invest in Crypto a fraction of your savings. Do not invest all your savings on it. Should leave a reserve amount will be better.
Do not invest whole money into an investment, this is not appropriate.

[StarofBTC]

It's great that you are going to start investing and that too from your savings. However, I would HIGHLY recommend you not to invest your ALL savings in the wild market of cryptocurrencies. I don't have any intentions to demotivate you but to be honest, you should invest the amount which you can afford to lose and that doesn't mean that I have a negative opinion about it.

I believe that Bitcoin is going to perform very well in the period mentioned by you but still, I won't invest my entire capital in the crypto world. Now coming back to the choices, I would give a green signal for your first two options as I have not researched enough to comment about investment in Litecoin.

Investment for earning more is good habit but investing the entire amount in just one business is not a good idea. I think different kind of business should be chosen for investment of the entire amount because if unfortunately one business fails to run then may be the other earn for you.

I know that investment in the bitcoin is safe and bitcoin is much trustful business but investing all the amount in bitcoin is not wise decision almost.

[Mumbeeptind1963]

Man that's a bad idea, before you invest make sure that you have an emergency fund. You will never know what will happen in the future. If you have a job and have health plan then if iwere in your shoes i will probably invest about 60% - 80% of that amount and keep the remaining as an emergency fund. Also ask your self how long are you willing to wait for the profit.

Its not right to invest all your saving because you dont know what will happen, its better to think first and make plan what to do to your saving. Divide it into 2, make 50% for your investment and when you gain your profit, buy or trade some of your bitcoin and the other half is for your saving.

[gabbie2010]

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

My advice to you is to split your fund into two I.e 50:50 then invest 50% into Cryptos like,
25% bitcoin.
12.5% ethereum.
12.5% litecoin.
And invest the remaining 50% into other businesses or preferable saving it.
Doing this will reduces or minimizes any risk to your investment.

[Mumbeeptind1963]

Man that's a bad idea, before you invest make sure that you have an emergency fund. You will never know what will happen in the future. If you have a job and have health plan then if iwere in your shoes i will probably invest about 60% - 80% of that amount and keep the remaining as an emergency fund. Also ask your self how long are you willing to wait for the profit.

Its not right to invest all your saving because you dont know what will happen, its better to think first and make plan what to do to your saving. Divide it into 2, make 50% for your investment and when you gain your profit, buy or trade some of your bitcoin and the other half is for your saving.

[chineseprancing]

Man that's a bad idea, before you invest make sure that you have an emergency fund. You will never know what will happen in the future. If you have a job and have health plan then if iwere in your shoes i will probably invest about 60% - 80% of that amount and keep the remaining as an emergency fund. Also ask your self how long are you willing to wait for the profit.

Yeah that is not good idea, because if you invest your all savings there's a possibility that the bitcoin value was decline, so the tendency instead you earn income probably you will earn lost. Therefore there's a lot of investing company, you better to invest there than to waste it in one business. Definitely trading, lending and mining sites are one of the good sites to invest.

[fasdorcas]

The ratio how you've split the funds among cryptocurrencies is good. Still I wouldn't invest all my saving in anything not just in cryptocurrencies. No matter how the situation is looking good and attractive and the price is high this can change and will change at some point so it's too risky to spend all your saving. Reconsider your decision one more time and maybe consult somebody that is maybe more experienced with cryptocurrency investing.

I would like to agree. You may have allocated your investment nicely but as said, it would be too risky for you to use up all your savings. The coins you plan on investing on have good potential however cryptocurrencies are very risky. There is a risk in investment and trading - a risk of losing all your savings. Are you prepared for that? It would be best to set aside some in case of a rainy day because you can never tell whether a day like that may come or other emergencies. Only invest the money which you could afford to lose.

I agree with you all, above chosen lists are actually good investment even long term. It is a matter how you manage your investment and to grow your money. The fact is Im not into savings all my money into cryptocurrencies, spreading investing is a good choice.

If you have savings and by seeing the trends you want to invest it into crypto then you must choose the best coin of the time so that you can never get to the loss and that is bitcoin savings are for the hard times and why not multiplying your saving and then cashing them out in your hard time this will generate a good revenue for you in hard time to overcome the financial crisis as well as for other needs.

[Kiweikoo]

Its very tough decision.  I would not recommend you to put all your savings in crypto as it has capability to wiped all your investments since no one can predict what will happen next. Thats the risk in trading

Well I think the bitcoin is the best crypto currency so it is the best and the common thing to invest the money in the bitcoin, the bitcoin is getting more and more high so I would like to say you should invest in the bitcoin and you will see how fast your money will get high and you will be able to earn the high profit from it, it is the new era and it is the need of the time to invest in bitcoin to get the high profit from it.

[TTITA]

Man that's a bad idea, before you invest make sure that you have an emergency fund. You will never know what will happen in the future. If you have a job and have health plan then if iwere in your shoes i will probably invest about 60% - 80% of that amount and keep the remaining as an emergency fund. Also ask your self how long are you willing to wait for the profit.

good point of advice.
we may dream to gain big profits, but we also have to be realistic about our lives as well.
in our lives also sometimes experience things that are unexpected and require urgent funds. so split your money for other purposes.

[tamilbitcoin]

I think investing 100% is not at all necessary.

First start with your 30%, and after a period, put additional 20% if required. (To buy on dip. If necessary 10% more can be added.)

So, a total of 60% of your savings itself is a considerable risk. But, the returns may be higher.

Above all, it should not hurt you if anything goes wrong. That is the limit of investing.

[Fujiati]

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

if you are ready for the risk of your choice, then invest, my edge advises to make short term investment ,, nominal you mention is high so the risk of loss and profit from your investment is 50% .. and many friends who recommend to invest short term, so good luck with your choice I hope you get a lot of profit.

[Paulcrypt]

Invest what you can afford to Lose or let us say 50% of your money not 100%. 50% has a big return .
Then diversify that 50% into short term and long term investment.
Chose the Best coin where to invest.

[DevilSlayer]

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 your money in cryptocurrency is good but be sure first that you know that the coin is profitable. I agree to you that you must do long term investment than short term investment because long term investment is more profitable.

[Ronaldcoin2017]

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 your money in cryptocurrency is good but be sure first that you know that the coin is profitable. I agree to you that you must do long term investment than short term investment because long term investment is more profitable.

yes i agree investing is really a good way to multiply your saving but you really need to make sure about your investment because there are many ways to gain and sometime to loose.maybe you need to update if the thing you are investing is really legit.sometimes people really want a quick money so then they try everything that they think easy way to gain.without knowing that they are really slowly loosing money .scam is everywhere so beware on it.

[swscowods]

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 Idea of distributing your investment is fine to me 50-25-25 and you have to buy on deeps is also another good strategy but I for me putting all your savings in investment is potential to high risk even it is in long term much better to divert some of your savings in other source of investment not all in cryptocurrency.

I am in favor of this strategy and I love it most. I have read one statement here on this forum so many times, “Don’t put all your eggs in one basket”. And I am deadly sure about it. There will be more risk to you ultimately and in business you have to go for the option that have less risk factor. Keeping that in mind, boy, go for this multiple investment modes and have a happy life.

[neonshium]

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 your savings to the cryptocurrency world is good but before you invest your savings, you must have knowledge to the coin that you will investing. You must find out that the coin has potential in the market for you to gain profit.

I have always considered saving money as a wise deed and investing can be even more beneficial only if it is the right investment.

Sometimes, we can face loss if not choose the correct place to spend money. Like you have already mentioned, a person must have a good knowledge about the nature of his coin.This is the only way to get rich. For instance, I deal in bitcoin and I know that it is best in producing profits.

[burnchan]

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

it is not a good idea to invest all your savings. Investing your savings means you'll be ready to say goodbye to all your savings? Because in investing there is always a probability if losing your money. It is safer to secure half of your savings which will be use during emergency and half of it will be your investment. But if you are certainly a great risk taker then you will surely invest all your savings.

[diouf67]

As almost everyone has said, don't go all-in on crypto, you may need your savings for some unforeseen emergency in the near future, invest a sensible amount, 50% or so and see where that takes you. Other than that your split across 3 major coins looks okay.

[zulkarnaen]

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

it is not a good idea to invest all your savings. Investing your savings means you'll be ready to say goodbye to all your savings? Because in investing there is always a probability if losing your money. It is safer to secure half of your savings which will be use during emergency and half of it will be your investment. But if you are certainly a great risk taker then you will surely invest all your savings.

I agree with you it may be wise to invest using some savings you have because sometimes not all investments always go according to plan, for fear of something bad happening with your investment so that it will have an impact on losses, but if only part of the savings invested of course you still have some more savings that can be used for other purposes.

[HiringYou]

You should not invest all your savings into cryptocurrencies because there is always a risk factor involved. Sometimes their is a drop and sometimes their is a rise in price. If their are chances of earning huge profits then their are equal chances of  facing loss also. So you should invest some amount of your earnings inorder to get some experience and then you should increase your investments.