Investing all my savings!

[worle1bm]

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's a good thought if you have planned to invest in cryptocurrency and I also admire the way you have planned to split your investment but I suggest not to invest your whole savings as one cannot predict the outcomes in a such uncertain circumstances which may turn all your savings down and leaves you with nothing so speculate the price level change in all altcoins and invest with proper knowledge. At last decision lies in your hand as you are the one who has to make it so think wisely.

[soname12]

I think 25% you invest in lite coin you should use it to trade coin for you to earn more then your money will stay quiet and earn quite a short time. Trade coin will give you money in a short time.

[jassanpary]

Investing all your savings doesn't makes sense, better if you invest some part of the savings. Trading doesn't gives you guarantee, so plan before investing.

[ansh_848]

This would be a big decision that gou are investing all your money. See 1st thing is investing in bitcoin is for long period is risky maybe that time bitcoin having a highest value but you can earn money for short duration by investing these 3 norms.

[taktik]

This would be a big decision that gou are investing all your money. See 1st thing is investing in bitcoin is for long period is risky maybe that time bitcoin having a highest value but you can earn money for short duration by investing these 3 norms.

The fact is that initially everything depends on what you have a starting capital for investment. I can assume that investments can be the same deposits in the trade of some coins. Thus, if the deposit amount is minimal, it is better to start investing in some altcoin, and only then you can pay attention to Bitcoin.

[n691309]

Yes, I would not invest everything. Diversify your portfolio and definitely invest some into Cryptocurrency, but hold some in case everything crashes one day.

It is good to diversify your portfolio but I am of opinion that there should be maximum bitcoin in your portfolio if you really want some good return form your investments because no other coin at present is equal to bitcoin in generating tremendous profits.

Moreover all other coins are dependent on bitcoin for increase and decrease in their prices, so why not buy leader than followers.

You can invest your savings in bitcoin without any fear. One must invest in the proper field  to get profit from investment. If you invest your assets in bitcoin your assets will be multiplied. It is an established currency which will give return.

To avoid risk invest the bitcoin for your future. If one invest in bitcoin then his investment will be safe and he will get reasonable return of the investment. By this way one could stabilize his financial condition.

[MinerHQ]

In my opinion, 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.

70% of your savings investing into one asset class (cryptocurrency) is not advisable because if something goes wrong then you will lose a lot of money. So you should put around 20 to 30% of your savings into any one asset class and diversify your investments into other asset classes as well to reduce your losses in the long run. By investing more in one asset class either you make a good profit or lose a lot of money but as an investor should be careful and try to reduce your investment risks.

[ceferov]

It's risky way but your sharing of savings between main coins is good idea. But if I were you I would invest some of them (10-15%) other potential undervalued altcoins too. For example Neblio

[ceferov]

In my opinion, 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.

70% of your savings investing into one asset class (cryptocurrency) is not advisable because if something goes wrong then you will lose a lot of money. So you should put around 20 to 30% of your savings into any one asset class and diversify your investments into other asset classes as well to reduce your losses in the long run. By investing more in one asset class either you make a good profit or lose a lot of money but as an investor should be careful and try to reduce your investment risks.

I think he wants earn more by taking the risk. You are right if we look from economical risk window but it will decrease earnings.

[Chachacoin17]

In my opinion, 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.

70% of your savings investing into one asset class (cryptocurrency) is not advisable because if something goes wrong then you will lose a lot of money. So you should put around 20 to 30% of your savings into any one asset class and diversify your investments into other asset classes as well to reduce your losses in the long run. By investing more in one asset class either you make a good profit or lose a lot of money but as an investor should be careful and try to reduce your investment risks.

I think he wants earn more by taking the risk. You are right if we look from economical risk window but it will decrease earnings.

well i believe investing all gour savings is really so risky maybe we can invest a half of our savings only because investing is also a risky way to earn money maybe it is also the fastiest way to earn but it is also risky because no one knows what was really happening on the next time around that is why we need to make a great decision because cryptocurrency is really unpredictable.

[carlisle1]

Thats better for you mate,theres no much best for the investor taht can do long term,and your term is 5 years or more,by that time maybe the price of bitcoin can reach upto 50-100k dollars.huge amount that only long term can give,

[kingragnar]

I think it's good to invest in different types of trading because of this if you know how and what things you are likely to earn in trading. Trading for me is important because of this I make a big profit. The Watchtower You know the price of the trading you will know if he falls or the price rises. Just my advice is that you should keep your digital currency closed in the trading industry.

[kevpantof]

i think investing all money is a bad idea. In my opinion, you should spend 50% for cryptocurrency, 30% for bitcoin and 20% for eth. 50% remain you should saving and waiting for a good change to invest. Don't risk everything if you can not handle it or understand it quite clearly.

Yep! Up to some extent you are right about spending all savings into crypto currencies is little risky but if the selection of coins is right, you may double your savings in short time. It is good to keep half of savings with you but rest half, you should spend it wisely. I won’t suggest investing into altcoins but if you want to, don’t go beyond 10%, and invest rest 40% in bitcoin for real profits.

[Cosbycoin]

As much as I love bitcoin and Alt coins, it's really a bad Idea investing all you have including your savings. The volatile market of crypto is really something you might consider before going all in, never let emotion affect your investment decision. You might be hype by the price of bitcoin and crypto rallying up and decided to go all in to gain more profit, I'm afraid you will lose a big chunk of your savings . Just invest what you can afford to lose mate.

No it is not the way I think at all. Actually being rich or poor entirely depends upon the skills and in some cases the luck of a person .Trading could be related directly with the experience of a person that how much is well acknowledged about the methods of buying in low and selling at high prices.

If someone has set the deal right, he could actually earn a lot of profit in this way. As far as the long and the short term methods are concerned, short term is only effective for those who are not the beginners.

[stellgod]

i think investing all money is a bad idea. In my opinion, you should spend 50% for cryptocurrency, 30% for bitcoin and 20% for eth. 50% remain you should saving and waiting for a good change to invest. Don't risk everything if you can not handle it or understand it quite clearly.

Bitcoin has proved that investing into it is the best decision because it gives more than expectation and on top of it bitcoin is most trustable investment which surely gives you profit and there is no risk so investing who saving into it is the best idea for me and the main thing is understanding first understand about bitcoin market and then put don’t need to put your money into eth because btc is more reliable.

[Edsemen]

You know it's a big risk because that's a lot of money to invest.The only good thing is that you really trust in cryptocurrecy and if you believe in it probably you would get bigger profit in it.If that money is an extra for you so there's no problem with that just get ready and dont surrender in facing in every problems you will encounter in the future.

Thats right investing is a big risk so be prepare for all the circumstances would come to you, and maybe its good that not all the saving you have will be put into investing just release a little or that savings would be your extra so that if anything happens you will be in the center of losing or gaining.  For me I wont release all my savings, I'll must prepared for step by step and be calm.

[iL_P4driNo]

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 most important rule of investment is "Never Make an Investment if You Couldn't Afford a Total Loss".
I don't think anyone can afford to loose all his saving.

[PointHope]

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 most important rule of investment is "Never Make an Investment if You Couldn't Afford a Total Loss".
I don't think anyone can afford to loose all his saving.

Except that the coins he listed are very sensible choices for long term savings, much better than earning next to zero interest in a bank.

Back in July I took all the cash in a savings account and bought bitcoin. Bitcoin has gone from $2000 to nearly $8000 in that time.
It was not all my money, but a big chunk went into BTC.
The other day bitcoin dropped to $6000, I bought more! Right now bitcoin is almost back to 7500!
I've nearly quadrupled my savings in a few short months.
Bitcoin will very like break 10k by January.

Whould I buy more at 10? Very likely I would, unless some other coin looked like a better buy.
It is not all my money but this crypto is rapidly becoming a very significant investment. Right now I would rather have my money in bitcoin than any fiat.

[arakuns]

You don't need to invest all your savings because its not safe. So try and divide your salary for investment in altcoins.

[OracionSeis]

You know it's a big risk because that's a lot of money to invest.The only good thing is that you really trust in cryptocurrecy and if you believe in it probably you would get bigger profit in it.If that money is an extra for you so there's no problem with that just get ready and dont surrender in facing in every problems you will encounter in the future.

Thats right investing is a big risk so be prepare for all the circumstances would come to you, and maybe its good that not all the saving you have will be put into investing just release a little or that savings would be your extra so that if anything happens you will be in the center of losing or gaining.  For me I wont release all my savings, I'll must prepared for step by step and be calm.

Everything won't happen as your hope, therefore, we always need to be ready the worst situation in our life. Especially this is the cryptocurrency market, an investment form and it's risky. We are putting our money in cryptocurrency and predict the price. Just one mistake, you can lose a lot of money to pay the "fees" .