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Author Topic: Investing all my savings!  (Read 14356 times)
Darknight31
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November 17, 2017, 05:44:44 PM
 #341

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.
If you are really a risk taker i guess you will really invest those percentages in the crypto world. But you know it is really risky to invest especially in the crypto world. And come to think that you will invest all of your savings. I guess it is not also worthy to just invest them in one thing, you could try to invest them also in other business or kind of investments.
Kevin77
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November 18, 2017, 04:06:26 AM
 #342

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.
I believe 70% is good enough. I believe that because that is what I have been doing anyway and with the growth of bitcoin over the years, I have been able to diversify into different offline businesses and I do not really see myself saving less than that into bitcoin since that is where my profit and my life has really changes. It is more like giving back.

It depends on each individual level of risk they are willing to take, but at this stage, I would say bitcoin or crypto ecosystem is less risky compared to few years ago.
arwenphoenix
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November 18, 2017, 04:08:36 AM
 #343

I think you should go big or go home . So 100% of your savings is good. There is no problem with it. Good choice.
Osarman
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November 18, 2017, 06:14:07 AM
 #344

If that $12500 is on my hands, I will not invest it all in cryptocurrencies. Investing in cryptocurrencies requires a lot of time. We do not know what may happen if we invest all of our money or savings. We still need to have an emergency fund. Investing all your savings is way too risky. So the best thing to do is, have a pinch of your savings for emergency fund. It is for safety purposes.
Well I think it is not good to invest all of the capital at the same time because we should invest with the slow passage of the time, If you are having the high capital you should divide the money in the two parts and then should invest in the bitcoin and then should save the remaining so then you will be able to have the future I can see the bitcoin is increasing in the value of the bitcoin I am very happy with the bitcoin value and the price.
nydiacaskey01
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November 18, 2017, 06:19:54 AM
 #345

I wouldn't do that if I were you. While Bitcoin or crypto currencies can be easily liquidated even at a lower price, you still need to maintain an amount of fiat that you can use in case of emergency without touching your investment in Bitcoins or Cryptos. There are times when you need immediate cash and try to cash out your investment in cryptos, you will encounter errors or delays and sometimes price and timing is not good for cryptos to be sold.
Bitinity
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November 18, 2017, 06:25:10 AM
 #346

I think you should go big or go home . So 100% of your savings is good. There is no problem with it. Good choice.

Investing all our saving is so risky but may give you so great income as well, "go big or go home" that's nice saying but only for risk taker who are ready to lose all they have. If you are not ready to lose all then do it, but if you are ready then GO for it.
I my self will not do it ever, prefer to be safe than sorry.
raven7886
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November 19, 2017, 04:25:24 AM
 #347

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 truth is that it takes a lot of gut to invest in anything in this life and every investment comes with a risk which bitcoin is not exempted. However, let us face one fact, in as much as no one knows the future, but looking at the situation of things and the interest bitcoin has generated, it can really be tempting to want to go all into bitcoin for savings and investment at the same time.

Nevertheless, one does not have to be too greedy in life and even if we are to want to take our chances, it is always good to leave out something just in case the unspeakable happens.
viper2zero
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November 19, 2017, 06:09:22 AM
 #348

I wouldn't do that if I were you. While Bitcoin or crypto currencies can be easily liquidated even at a lower price, you still need to maintain an amount of fiat that you can use in case of emergency without touching your investment in Bitcoins or Cryptos. There are times when you need immediate cash and try to cash out your investment in cryptos, you will encounter errors or delays and sometimes price and timing is not good for cryptos to be sold.
According to my experience it is not good decision to invest all your money but you should save some of your money so if you have faced any emergency in your life then you should have money for that time and you also need to invest some money in some better places so that you can get more money for your future.
CryptoWorld87
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November 19, 2017, 06:52:13 AM
 #349

Investing all your money in one coin ls not a good option there much better if you put in 3 to 5 coins and tokens so your investment avoid too much risk ether 1 or 2 of them were lost then you will not lose all your investments

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SashaAbraham
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November 19, 2017, 07:14:18 AM
 #350

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

Hey man, investing all your savings in crypto is a risky thing. But! It really depends on your approach. What is your goal?
1. Do you want to make an extra profit while you understand that you also can lose everythung?
2. Or you want to save your capital and if possible to make it bigger or at least to protect agains inflation?
3. Or any goal that is between previous two?

So investing all your savings in crypto is #1. Determine what you want and then act in proper way.
ZeidFreak
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November 19, 2017, 08:09:12 AM
 #351

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

friendly advice dont put your investment on one basket only. maybe cryptocurrency is good and uptrend nowadays but we dont really know what will happen in the future. i believe also in the potential and the change that the cryptocurrency will bring but risk is also high.. market is so volatile and we dont know yet what will happen if all big names investor go into crypto..
Angi
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November 19, 2017, 08:46:41 AM
 #352

Investing all  your saving is not ok  its better to save the other because  no one can tell what happen tomorrow so its better to be practical investing is good but not all your money sometimes think first before  make a discision  because good discision bring you to a  good life. Wink Wink
Natsuu
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November 19, 2017, 08:59:51 AM
 #353

I think you should go big or go home . So 100% of your savings is good. There is no problem with it. Good choice.

Don't go all in brother or else you'll go home crying. Just invest some portion will do and just save the remaining. Bitcoin price now is really tempting to go all in but we should also consider the fact that it's volatile, maybe you can just add little by little from your profit.

btc78
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November 19, 2017, 09:17:01 AM
 #354

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
after investing all your saving ang suddenly it fails.,how would you start again?investing here is one big decision although lots of users has thier success story but theres also has thier failure story.just INVEST WHAT YOU CAN AFFORD TO LOSS .as simple as that

arthotdog
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November 19, 2017, 09:45:11 AM
 #355

Never put everything that you have.always reserve some for recovery as what the crypto community says put only what you can afford to loss.so just keep something in your pocket for the future.what ever happens u have some to keep on
hookcoin
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November 19, 2017, 10:18:47 AM
 #356

If it's your own savings then I think you can definitely invest in Crypto. Now, many traditional investors are turning to Crypto because they see the potential for growth and profitability.
BaraxLo
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November 20, 2017, 07:41:09 AM
 #357

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

Oh i suggest not to put all your money into it why? This is not to discourage you but just to remind you that you might loose your money in no time, because we do not know how people will going to hold if the price increases. So I suggest not to put all your money into it and keep your money only in one coin for now and that is the Bitcoin.


Yeah putting all your money into one investment is really not an ideal thing because you might face bigger risk when you do this. It is right to diversify your portfolio but don't do that in one time big time. Investing is really good but you must consider the risk when you invest, so expect to incur some losses but always be optimistic.
In business things, you always have to go for the option that involves less risk. Same case here in trading of bitcoins, when you are encountered with such options, you must choose wisely which one so less risky and go for that one.

Putting all your money in one trade or putting different portions of investments in different earning sources, I must go for the second one as it is less risky.
militarymonster1027
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November 20, 2017, 08:02:16 AM
 #358

Best of Luck to you!
OrangeSeller
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November 20, 2017, 01:40:30 PM
 #359

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.
Maddinson100
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November 21, 2017, 12:45:34 PM
 #360

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 your plan is a really good. You should put all of your savings to the cryptocurrency world. You should not become fear to lose your money and you must have a hope and faith to you investment. Many people doesn't earn big amount of money because they are scared to invest their money.
Being scared of investing money in crypto world is not good to hear and to act as well. You don’t have to fear from investing big amounts but don’t you think we should go for option that is less risky. Business facts tells us to opt those who have less risk factor. You don’t about bitcoin world. Although it is profitable but you shouldn’t put everything in bitcoin. Invest major portion but rest should be saved or invested in any other product.
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