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Author Topic: Investing all my savings!  (Read 14277 times)
Darklinkz
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November 28, 2017, 07:17:44 AM
 #441

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

This is for long term pal so you got to be prepared in case anything happens between 5-10 years. We are still on the experiment stage and I know these three are good choice but then again remember that there is always risk.
santieevanz
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November 28, 2017, 07:33:40 AM
 #442

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

Since you are thinking of investing all your savings and let us show on how you will split your money is kinda good idea. When it comes in investing, it is really risky. Why? because we all know that most of the time there are scammers around who will make everything to get the money of others. If it's your first time in investing then 50% should be invested and 50% should be saved.

hispout
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November 28, 2017, 08:06:11 AM
 #443

I think what you are doing is risky but on the other side there will be many benefits you can make in the future, dividing your savings into some crypto currency is not a bad thing but what we know the price of crypto is not as stable as sometimes rise and sometimes it goes down further, and I think it's better to keep some money there for urgent or emergency purposes, and the rest you can use to buy some crypto you want
I will not suggest him buying altcoins in large amount. Altcoins are totally dependent on bitcoin for the increase and decrease in their values. The only coin in the whole digital world which is worth your savings is the king of digital currencies, bitcoin.

Bitcoin is not going to make you regret investing into digital currencies whereas there is no such guarantee with altcoins. They can dodge you anytime.
JPMoron
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November 28, 2017, 08:39:38 AM
 #444

If I can give you advise,
don't do it

It is better to buy crypto only by portion,
it may be 10%
I would choose max of 50%
gartheugenio
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November 28, 2017, 08:51:13 AM
 #445

If you're efford to lose those money so it's the right time for you to spend all your savings in investing.
Genemind
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November 28, 2017, 10:50:05 AM
 #446

This sounds like a good idea. I think with what's happening now that online currencies are really trendy. It is wise to consider and do investment on them. However, I just think that you shouldn't spend all the money that you have on investments. You should also leave some for yourself in case of emergencies.
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November 28, 2017, 10:59:50 AM
 #447

In the past, I think it was good to have assets distributed and owned, but now it is the dawn of the cryptographic currency whether twice in your life or not. I do not have a responsibility, is not it an option to intensively invest in the encryption currency?
MeAgainstTheForum
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November 28, 2017, 11:00:49 AM
 #448

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

Hope you'd make this investment of yours the day of this posts.
The price increased more than 30% by the day of this posts of yours.
JRoa
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November 28, 2017, 11:08:06 AM
 #449

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
Longterm investment is really profitable. It is good idea if you want to invest all of your savings. If you will observe our society, you will see that many people are now entering and investing their money to the bitcoin.

branchun77
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November 28, 2017, 11:39:00 AM
 #450

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.
Some people in the world will invest their whole money in some place which is totally wrong decision I want to suggest them to keep some money in your saving wallet so if you can face any emergency then you should will not face any financial problem at that time.
cingles9413
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November 28, 2017, 12:31:27 PM
 #451

not all savings you fool. You want to sleep peacefully at night dont you? put in a percatage like 10-20% of your savings. 20% is quite high even. then with like 60% invest in something like a ETF which is pretty stable Then the remaining percentage keep in your bank and save it for a rainy day, you never know when you may need it like for health bills or something.
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November 28, 2017, 01:38:15 PM
 #452

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.
Some people in the world will invest their whole money in some place which is totally wrong decision I want to suggest them to keep some money in your saving wallet so if you can face any emergency then you should will not face any financial problem at that time.


I've even seen an article about a family that sold their house for btc. Talk about trust. Well that was roughly a year ago and good for them their gamble was well worth it because their house is probably worth 10times now. Its a gamble if you're planning to go all in and as with gbling, sometimes you win, sometimes you lose

 
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Fredomago
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November 28, 2017, 01:59:26 PM
 #453

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 did followed your instinct you might be a happy man now OP, as after a month the value of those coins that you are planning to buy are already
jumped up, and for sure you are enjoying all those profits that you have now, considering that you are aiming for a long term goal the fruit of success
is already showing by now.

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November 28, 2017, 02:49:47 PM
 #454

Your choice is correctly. Both Bitcoin, ETH and Litecoin are biggest coin in cryptoworld. They have a surprise growth in 2017 and there is no doubt that they will repeat in 2018
TheGreatPython
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November 29, 2017, 07:33:48 AM
 #455

here you have several BTC FREE sites and FREE registered and are paying so far tested by me. Who is interested in clicking the next link https://for-you-my-life.blogspot.it/
Omisego is an amazing alternative coin but I think Monero is much better option and neo is not better than Litecoin. If I were him I would have definitely invested my all money into Bitcoin because I am a firm believer of its growing   strength and after reading the prediction of experts, there is no chance that I will go for Ethereum or any other alternative coin. Eric Also became a millionaire investing in bitcoin only.

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November 29, 2017, 10:53:55 AM
 #456

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's a huge amount, the thing I could say to you is buy altcoins such as Ethereum, Xem, Waves, Mysterium/myst, Adex/adx, and Bitcoin. Now its up to you how many percentage you are going to divide it in the altcoins which I had mentioned.
In my opinion, it is not a good idea to divide your investment and that too at the time when you are investing for the very first time. It will be better for you if you will only go for investing your capital into only one coin say bitcoin. It will not only help you in making more money but it will also help you in managing the things in better way. It is really a difficult thing to get to know about different coins and deal with them simultaneously.
There is a famous quotation that “Do not put all your fruit in one basket as it can result in loss also”. So I think even if you are some expert, even then investing all your income is not at all a good thing to do. You actually need to have something in your account in case of emergency or in case something goes wrong. Invest a major portion of your capital but also save some amount of money for hard times.
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November 29, 2017, 06:19:07 PM
 #457

Do not invest all your money. Must stay for a rainy day. I always leave 20% of the income untouchable. Otherwise, you can lose everything.
Yup safer side we have to keep some money or else we will face problems when we need urgent money. I will also invest money in bitcoins but not full only how much i can afford and my extra money.
It’s not a good idea to invest all your saving in bitcoin because it’s some thing stupid to do so even billionaire are not going to invest their all saving and here I will must share about my experience as well because when I join bitcoin so there was very short money with me so I take a start from low saving and now I have too much bitcoin because bitcoin price is very high and from your low investment it can make your money double.
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November 29, 2017, 09:32:16 PM
 #458

I think investing all your savings is not a good idea; if you do that, it will be a high risk and in case that the value of Bitcoin gets lower, it will be your loss. What I'm saying is, keep the half of it to you for assurance. We can't say the future so be sure that we have money on us.
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November 30, 2017, 11:08:10 AM
 #459


Although this seems likes a good idea, I think it is for your best to reconsider. It's wiser not to put all your eggs in one basket.
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November 30, 2017, 12:29:20 PM
 #460

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
Your plan is good but I prefer to you to do not invest all of your savings! You know that this cryptocurrency world is full of risky investments. Make a study first before you invest your money.
My own thinking is the same because I have seen a lot of the people who have invest the whole in the bitcoin and then they were in the need of the money and they sold the bitcoin in the case of the emergency so the same I do I don’t want to lose all of the money and I want to have the high profit in the bitcoin so I am investing in the bitcoin today but before this I divide my salary and then invest the 70% in the bitcoin.
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