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Author Topic: Investing all my savings!  (Read 14356 times)
shinchan123
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December 11, 2017, 01:03:23 PM
 #501

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 you have a good plan with your savings only if you have a stable job and also assuming that you would still have some left for your daily needs and foreseen expenses. Only you can really decide what is good for you. My only advice is that only invest what you can afford to lose. Another thing is 5-10 years hold? Really? Bitcoin is very volatile and you could lose it all any given day. Might as well monitor its value and just sell it some of it when it reaches a ridiculous high value.
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December 11, 2017, 01:04:10 PM
 #502

it's better to use half of your saving dude, i think it's too risky, meanwhile you prefer longterm investment to do. you can split your funds into 50:50 first, and use the 50 one then save the other one, it will be better to avoid bad thing will happen in the future, so you will not too guilty or regret when something bad happen, but all is yours and keep your effort.!

[
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December 11, 2017, 01:43:49 PM
 #503

Good plan. I think your capital already multipled 10 or 12 times right? According to the present price.
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December 11, 2017, 02:17:37 PM
 #504

Hello guys, it is not advisable to invest all your savings i think its better to invest just half of your savings because we dont know what well happen so before we invest just think twice. Just my opinion.

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Kambal2000
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December 11, 2017, 02:49:52 PM
 #505

Hello guys, it is not advisable to invest all your savings i think its better to invest just half of your savings because we dont know what well happen so before we invest just think twice. Just my opinion.
I don't think also that it is a good idea to invest all that we have it is risky, what if you need money and then the coin that you have invested suddenly dump and you don't have a choice but to cash out and you lost half of it right? But, if you are just investing at least half and saving half in case of emergency you have savings to save you.

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December 11, 2017, 03:08:23 PM
 #506

Hello guys, it is not advisable to invest all your savings i think its better to invest just half of your savings because we dont know what well happen so before we invest just think twice. Just my opinion.
I don't think also that it is a good idea to invest all that we have it is risky, what if you need money and then the coin that you have invested suddenly dump and you don't have a choice but to cash out and you lost half of it right? But, if you are just investing at least half and saving half in case of emergency you have savings to save you.
as what the crypto traders says,INVEST WHAT YOU CAN AFFORD TO LOSS.
so investing all your resources is just like a suicide and a desperate move. Mate was
 right what if you need a cash emergency and you had invested your funds on wrong
coin.so losses is what your facing?think twice before doing such move
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December 11, 2017, 05:13:14 PM
 #507

Good split for sure. The rate on spliting is brought you the best profit according to the present price.a
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December 11, 2017, 07:41:42 PM
 #508

I'm all in on BTC. FUck it,I'm young with some successful businesses behind me which I just use for cashflow to pay for expenses and start a new savings fund. I believe in BTC so going to ride this out. Good luck bro, I'll be here with you!
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December 11, 2017, 08:00:33 PM
 #509

Hello guys, it is not advisable to invest all your savings i think its better to invest just half of your savings because we dont know what well happen so before we invest just think twice. Just my opinion.
I'm going to invest all of my savings to crypto since I'm not only focusing here but I know there are people who are risk takers and are willing to take the part of this ride while they can. I have even read an article that there's a family that sold their home and everything just for bitcoin, I wonder on where they are right now. But if someone really sees it that it's a good risk to take then let them take it. By the way, the choice of OP for his investments are considerable.

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December 11, 2017, 10:24:13 PM
 #510

I think you should put all your money in Bitcoin. Altcoins have fall down for few weeks. I don't think they will recover soon.

But while the altcoin all in the way to fall, we should keep stay to trading in there, of course filtering the alts in the situation like that is very important.
because, after the bitcoin stable already, those promising alts have their momentum.

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December 11, 2017, 10:37:03 PM
 #511

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
A right choice, Bitcoin, Etherium, Litecoin is a good coin to hold. the price is increasing every month.
maybe it's time I say congratulations to you. next year you must be a rich man.

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Pedro18
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December 11, 2017, 10:38:38 PM
 #512

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

Exactly! You have the good choices! Bitcoin, ethereum, and litecoin. But my advice is can you change the percentrage, you can make more larger on ethereum and litecoin, since those 2 are still undervalued compare to bitcoin now.
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December 11, 2017, 10:40:38 PM
 #513

At least this guy even has savings! Most don't have any at all, even just for an emergency.

If it's an asset, it can be tokenized. www.assetbase.io
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December 12, 2017, 01:02:10 PM
 #514

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

Exactly! You have the good choices! Bitcoin, ethereum, and litecoin. But my advice is can you change the percentrage, you can make more larger on ethereum and litecoin, since those 2 are still undervalued compare to bitcoin now.

The coins you're investing on would likely give you a very good return though i don't think going all in on crypto is advisable. Try to diversify more. You don't know if the requirements for crypto will be here all the time

 
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December 12, 2017, 01:56:46 PM
 #515

Putting all you're savings on cryptocurrency is not a good idea, you must to put at least 20% of your savings on bank for you're emergency purposes and we didn't know what will happened to your coins in the future.
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December 12, 2017, 02:04:01 PM
 #516

As of todays price, if you invested october. You profit now has gain more because of those price now in market. You dont need to wait 5-6 years. Good to sell now those holdings of yours
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December 12, 2017, 02:42:50 PM
 #517

This is a review for a certain trading platform I have been working with for quite a while and to do them a small favour I decided to leave a small note.
The name of the platform is Coinstec.com, they went public not too long ago and are accepting new clients in order to work with them for the long term.

In my experience I've deposited all my savings, and made lots of withdrawals and even kept a bit of coins with me as instructed.

I'd recommend to work with them and see what you can do, unlike many other trading platforms they are working in a good way.

the website is www.coinstec.com, my personal account manager is Alex Carter if you're willing to have the same experience as me  Grin
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December 12, 2017, 04:08:51 PM
 #518

Annnnnnnnnnnd now the LTC bet is paying off. So much for the skepticism, nice play OP

If it's an asset, it can be tokenized. www.assetbase.io
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December 12, 2017, 04:25:06 PM
 #519

Investing all your savings is your worst and most risky decision. Crypto is very promising but you shouldn't making all your eggs in one basket, that's very risky. So it is better to invest some part of your savings and keep the rest for the coming issues.
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December 12, 2017, 05:27:53 PM
 #520

Investing all your savings is your worst and most risky decision. Crypto is very promising but you shouldn't making all your eggs in one basket, that's very risky. So it is better to invest some part of your savings and keep the rest for the coming issues.

Don't do that. You will learn first before inveat. Bitcoin prices not stabel. So you will know the bitcoin process and prices list. It will be helpful to you for the future growth. It need to invest you will hold the bitcoin 50%. So you invest the belance 50% it will helpful to you for the future growth and get the more profit.
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