Investing all my savings!

[mriansa]

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

yes you can save the money you have for the future in the coin, because the price development of the three coins is very good, they have a very high demand with limited supply capacity, making the coin more expensive in the future.

[deppil]

I will invest my money into Bitcoin and altcoins, I will keep it in the next 3-5 years possible, in order to gain more, because I believe investing in coins, may be the best way for my future, and hopefully year after year coin prices rise.

I also believe in the future of cryptocurrency, I also invest in bitcoin and some potential altcoins but the problem is do not use all your savings to buy cryptocurrency because emergency funds and saving money are important for a particular need. then manage your finances should do for this. otherwise wait until 3-5 years is not a short time dude ? I doubt you can afford to hold that long?

[ahtremblay]

Your portfolio is so good. However, I think you could add more 2 coins in it. They are Playkey and Bitclave. Both of them are released after a successful ICO. You can access their website to research and give your decision.

[greenbitsgm]

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

Do you have a regular job? If your answer is no,then i would say it's a bad idea,if you say yes then i say it's a good decision,because if your investment fails you have a fallback.We all know that investing in cryptocurrency is risky,with the price volativity no one can really predict the price of this coin in the future.It can make or break for you.
But still the decision is in your hand,if you're a risktaker and believe on the potential of this three coins (it's a good choice for me) in the future go for it and goodluck.

[chocolah29]

I will invest my money into Bitcoin and altcoins, I will keep it in the next 3-5 years possible, in order to gain more, because I believe investing in coins, may be the best way for my future, and hopefully year after year coin prices rise.

Just make sure that your coins that you'll hold for long-term are the ones that are good for it because if you choose the wrong one it cound be possibly loss its value in the long run. Choose the ones that have a good instability in the market such bitcoin and eth.

[Seaze007]

Well, It seems you are confidently trust cryptocurrency, Just follow your heart, nobody stops you, the higher the risk , the greater chance to earn huge profit, Think twice before you act, Goodluck to your plans, Hoping for your success:)

Yes, that's better as its possibility turn into so wrong. NEVER put all eggs in one basket. Dealing with crypto Investing, its so easy to lose money, you'd think that money would bounce back after your limited days or something but no - all gone. Finally, Investing on your own Sir. Enjoy

This is the motto. Never take excessive risk for this virtual assets. Split your money into smaller fraction by having couple of different coins. This is the best to protect your money and yourself.

Agreed. Following your heart will turn out being one of the most stupid decisions when it comes to investing. That's exactly how most people lose all their money.

Be a bit more logic, diversify, mitigate risk. Don't forget all you gave up to save that money.

Pragmatically speaking, cryptocurrency is still a fragile market and no one should invest 100% of his capital on it. If one really believes in the technology, I would say 50% is already a too aggressive slice but might fit.
Finally, diversify your portfolio as already said, but do it properly. Three coins is far from enough, consider buying at least the top 10. You can weight them based on their market cap, so your portfolio follows the market average movements.

Words of wisdom, you better listen to these words if you dont want to end up in the poor house

Don't invest all your savings, just left for your self. Just think for the future. It's okay to invest but not too much.

[burong1]

I have some magic beans if you want to buy.

as far as i know, if im going to create or going to choose ill better not invest all my savings because in my case i should have extra money for my daily lives and im only going to invest my 50% of my savings for my future and to make my life changes thats is why im not going to invest all,

[Rony24h7]

Almost all people will suggest you to invest a low amount and start with this because you ate a beginner and there are very many ups and down in trading. You have to wait to get a small idea about it because no one can predict that its price will increase or decrease. You will loose everything if you loss at there so that you can not be start a new deal so it is not a very good decision at my opinion.

You can invest again from your another deal if you have invested different sites and have loss at one project. You can get knowledge also by investing low amount. Your skill will develop day by day and it is very important at trading. You can get a great online future if you can control yourself and keep calm.

[papashark]

Better not to put all your money into those pot because you can lose that if the prices crashed down.
Anyway this is a good idea, invest in crypto your savings than in bank, but we do not know tge fluctuation of valuw it may be low or high in no time.

Woow!  Thank  you guys for all the information about trading.  I really need this kind of advice because I am new here and started to learn as fast as I can.

[Ziskinberg]

Better not to put all your money into those pot because you can lose that if the prices crashed down.
Anyway this is a good idea, invest in crypto your savings than in bank, but we do not know tge fluctuation of valuw it may be low or high in no time.

Woow!  Thank  you guys for all the information about trading.  I really need this kind of advice because I am new here and started to learn as fast as I can.

You can learn as long as you are positive, trading is the best way to make money as the market is very volatile.
However, you need to have the full information of what you are doing since this your money is at risk, it's not gambling where you can
only rely on your luck, your prediction should have a valid basis every time you make a decision.

[plaintiff77]

On my own point of view I think investing all your savings is not a good idea because we dont know what will happen in trading whether you will earn or you will lose so I would highly suggest that you only invest what you afford to lose.

[dhas]

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

5-10 years oww. Its really to long.
In my opinion, if you really decided to invest all your money in that following well goodluck.
In that case, you have the right choice since those coin are very promising.
And can stand alone, even for a long term.
So I congrats you for a better choice of coin.

[vinz7229]

I will invest my money into Bitcoin and altcoins, I will keep it in the next 3-5 years possible, in order to gain more, because I believe investing in coins, may be the best way for my future, and hopefully year after year coin prices rise.

But you should check it from time to time, who knows your stored alt coins have dropping so much without your notice. I suggest if your going to hold huge amount of coins, do the daily monitoring so that you still have an idea  how does your stored alt coins  going on.

[levuto]

I think investing all your saving in cryptocurrency isn't a good idea. Even if you are living under your parent there will still be need you may have to attend to by yourself on regular basis.

[medsi2]

In my opinion it's a good idea. By the way you should consider to keep at least 20% in FIAT, just in case it dips more than expected and you want to get into a better opportunity. In the following years those investment should increase because more and more people will get involved into blockchain.

[boss1dg]

if you really investing all your savings , then dont do invest 100% in it .
keep at least 40% in fiat .
and 60% for crypto .

then at time of dump/dip you can use that fiat money to buy those coins .

this is the best thing to do .

[calvinweight]

I like the idea of Bitcoin & Litecoin, but Ethereum is not a store of value. They are producing 18M per year and there is no cap. I don't recommend holding that long term. I would do 80% BTC & 20% LTC if I were you.

[Mike0222]

investing all my savings is like a gamble.. you dont know if its gonna grow or its gonna fall.. just invest in the right way at the right company that you know it will make your money safe and worth it..

[Tuare aget]

Well, It seems you are confidently trust cryptocurrency, Just follow your heart, nobody stops you, the higher the risk , the greater chance to earn huge profit, Think twice before you act, Goodluck to your plans, Hoping for your success:)

Yes, that's better as its possibility turn into so wrong. NEVER put all eggs in one basket. Dealing with crypto Investing, its so easy to lose money, you'd think that money would bounce back after your limited days or something but no - all gone. Finally, Investing on your own Sir. Enjoy

This is the motto. Never take excessive risk for this virtual assets. Split your money into smaller fraction by having couple of different coins. This is the best to protect your money and yourself.

Agree with you, because no one can guarantee that your saving will worth if you invest in crypptocurrency.
Be wise using your saving to invest here and split your money is the best way to reduce the risk.

[Ipwich]

investing all my savings is like a gamble.. you dont know if its gonna grow or its gonna fall.. just invest in the right way at the right company that you know it will make your money safe and worth it..

That is against the rule of investing, you should only invest what you can afford to lose because there is no certainty that you can make money
when investing, maybe we see how successful bitcoin is but since there is a big risk, therefore we have to control.