Investing all my savings!

[katiecbell]

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.

That is the basic thing and every trader must know it better before taking proper start in trading. You must not put everything in one investment. Rather divide and keep every portion in different chores. Like if you have an investment, divide it and keep 50% in bitcoin, 25% in altcoins, 10% in bank for saving and other for daily needs. These ratio may vary person to person.

[Traslavin]

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.

That is the basic thing and every trader must know it better before taking proper start in trading. You must not put everything in one investment. Rather divide and keep every portion in different chores. Like if you have an investment, divide it and keep 50% in bitcoin, 25% in altcoins, 10% in bank for saving and other for daily needs. These ratio may vary person to person.

Practically speaking investing all your savings was not a good idea. And I believed it so because we all know that cryptocurrency's market price are unstable. And the idea of putting all your savings I beg to disagree. You can divide your savings for some important matters and put just 50% of your savings is enough. Well its all up to you if would believe us or not because the final decision is up to you.

[Boys27]

it is a very big money value in my opinion, and your choice I think is a good coin, because the three coins have a future and will provide benefits because the value will continue to increase.

[Soranith]

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.

That is the basic thing and every trader must know it better before taking proper start in trading. You must not put everything in one investment. Rather divide and keep every portion in different chores. Like if you have an investment, divide it and keep 50% in bitcoin, 25% in altcoins, 10% in bank for saving and other for daily needs. These ratio may vary person to person.

Practically speaking investing all your savings was not a good idea. And I believed it so because we all know that cryptocurrency's market price are unstable. And the idea of putting all your savings I beg to disagree. You can divide your savings for some important matters and put just 50% of your savings is enough. Well its all up to you if would believe us or not because the final decision is up to you.

I agree with you, investing all your money with any kind of investment is not really a good idea specially with crypto because the movement of crypto is very crazy it can give us big profit in just a couple of days and we can also lose everything it a couple of minutes. You should know that nothing is sure in this world so better spread your money with different kind of investment.

[boranes]

Invest all 12500$ in bitcoin, increase price more so I can buy myself new mobile phone for less money 

In my honest opinion I think this community need more users who will use bitcoin as a currency and not only...

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

...as investment.

[Wagako]

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 its too risky to invest all your profits since scam and hacking is really rampabt nowadays. So i think it is better for you to invest the half of it or the 50% of it and split it into 3. And the half of your profits, you should hold it for emergency purposes.

[MOTHIT]

Investing all your saving in cyrptocurrencies is not advisable the percentage which you mentioned is good enough but its all cryptocurrencies. Honestly saying percentage for bitcoins seems wise decision it is more then enough and other percentage which you want to invest divert into other things so your saving can support each other to grow and anything will go wrong also you will not panic and you will get time to take decision.

[FrueGreads]

That is a very bold and risky move. I know some people have done it already, but although I believe in crypto, specially in bitcoin, I still think that putting all your savings into crpto is a little dangerous. For me, a rule of the thumb when it comes to investments, is diversification.

That is of course your decision, but if you go ahead with it, I wouldn't use those percentages though. I like litecoin, but LTC is very tied to bitcoin itself, so you would be better off putting just 10% on LTC and the rest on BTC. If you want to spread your investments even further, I would put 65% in BTC, 25% on Ether, and instead of going to LTC, I would use those 10% for an emerging altcoin or ICO.

[ausbit]

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.

That is the basic thing and every trader must know it better before taking proper start in trading. You must not put everything in one investment. Rather divide and keep every portion in different chores. Like if you have an investment, divide it and keep 50% in bitcoin, 25% in altcoins, 10% in bank for saving and other for daily needs. These ratio may vary person to person.

Investing your savings is definitely a good idea to make more money. Like you said, investing all your savings and that too in the beginning is not a wise thing to do. You need to start with some small amount of investment. After sometime, you can increase the amount of investment. This way you’ll be able to earn more money as well as there will be less chances of losing your money.

[PORN_coin]

this is a very bold step
but to make it safer
I would recommend that you consult specialists

[zeaderza]

it is a very big money value in my opinion, and your choice I think is a good coin, because the three coins have a future and will provide benefits because the value will continue to increase.

Best combination it is I must say. As you have said, these three coins are amazing in their own world. Bitcoin and altcoin if combined in a pair and then you have such management of how to deal these both parties in a best way.

Plus the investment is so much great, so all materialistic things are in your favor. You just need to be patient, decide wisely whatever comes good in your mind.

[KennyR]

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.

That is the basic thing and every trader must know it better before taking proper start in trading. You must not put everything in one investment. Rather divide and keep every portion in different chores. Like if you have an investment, divide it and keep 50% in bitcoin, 25% in altcoins, 10% in bank for saving and other for daily needs. These ratio may vary person to person.

Investing your savings is definitely a good idea to make more money. Like you said, investing all your savings and that too in the beginning is not a wise thing to do. You need to start with some small amount of investment. After sometime, you can increase the amount of investment. This way you’ll be able to earn more money as well as there will be less chances of losing your money.

Yes, initially experimenting with a smaller amount from the savings is a better choice. Soon little by little can increase the investment capital depending upon the profit earned as well the legitimacy it holds. Because, these days only 5% of investments were legit and others were completely scams.

[Shinza]

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

The distribution of such investments I think is justified. But I think you should not invest the full amount of savings you have in crypto. Because the crypto system still has a risky rate. So I think you should keep some amounts in case of risk.

[paloloy]

Actually you are too clever for having such amount for crypto currency investments and the split are really a good choice. But I tend to be realizing that maybe you're earning different sources of income though. Since giving all away through digital money for being an investor. Goodluck and all I want to say is that you picked the good coins although prices were currently high but soon enough you'll be able to get what you had invested. You're lucky having known Bitcoin before its too late...

[sana54210]

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 its too risky to invest all your profits since scam and hacking is really rampabt nowadays. So i think it is better for you to invest the half of it or the 50% of it and split it into 3. And the half of your profits, you should hold it for emergency purposes.

This is really a very good approach. It is really a good thing that you are going to invest your savings but investing all of your saving and that too in the very beginning can be very much harmful and risky. In my opinion, you need to go slow in the start. Invest some portion of your savings and then keep on adding more amount when you think there is a need of more money to invest in.

[dieselmeister]

I think you are right with this plan. Those are big and basic coins with big market cap. So, they certainly go up in the future. 

[Covesting]

My suggestion is not to invest all your savings to crypto, moreover just to take positions without doing any technical and fundamental analysis. If you are not a pro trader and wish to invest your savings I suggest you review Covesting. Imagine a venue where you could follow top cryptocurrency traders from around the world and profit together with them. You would be able to see a previous performance of each separate trader, evaluate risk ratios and read reviews. Everything would be transparent and intuitive. Instead of analyzing the markets, you would have an easy job of analyzing the performance of real asset managers, and "hire" the one matching your risk appetite and profit goals. You would literally have a place with combined wisdom and experience of hundreds of professional cryptocurrency traders at your disposal. Hows' that sound? Would you be interested in becoming a part of such community?

[proTECH77]

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

Nice currency choice.
Investing all your savings, is really not the best idea. Reason being that, when you invest all your savings, emotions automatically sets-in (despite the fact that you would be holding for a long term). When your emotions are involved in a trade, it causes more harm than good most especially when the trade is going against you.
My advise, is for you not to put all but part of your savings.

[crazyjack]

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 is a good plan and a good diversification as long you meaning for real.

What will you do in a worst case scenario?

What will you do if you see your investment 10x from today or vise versa?

Evaluate your time frame again and are you willing to lose everything or wait another 10 years just to see your ROI to reach at least zero?

Answer yourself those questions, write it down and put it somewhere visible to you, so when trouble times come, you will know what to do. Emotions out, please.

And yes disturbing times will come, but i think you are on right path, just be honest to yourself and with your financial capabilities.

[Freegan]

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 like your investment project. These coins seem to me reliable enough to invest in the long term, waiting for an acceptable return without too many risks. The only thing that does not convince me is your intention to invest ALL your savings in that project, which seems to me unnecessary since any investment always entails risks of loss, and this is especially valid in a market as volatile as this.

Always remember to invest the money you can afford to lose.