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Author Topic: Investing all my savings!  (Read 14280 times)
jonaire99
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January 16, 2018, 01:34:24 AM
 #761

For me, it is not good idea to invest all your savings, it is better to set aside some savings for your emergency funds in case you suddenly ran out of available cash. One thing more, savings are product of your own labour so you should study carefully any investment and invest only the mone you can afford to lose.

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Moana
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January 16, 2018, 01:37:52 AM
 #762

To invest all saving is not a good idea, nothing is sure with cryptos. This being said I agree with Bitcoin and Ethereum, but I would split the third part in seveal altcoins hoping that one would moon. Things like Neo, Stratis, Stellar...
rejin29x
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January 16, 2018, 02:45:56 AM
 #763

That's a good choice to invest and I totally agree with your decision and the percentage of your investment with your money. Just make sure Bitcoin will always have the greatest percentage because Bitcoin is the most volatile and is always fluctuating out of all the coins you've mentioned.
jinx029
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January 16, 2018, 03:19:37 AM
 #764

I am not in favor of investing all the savings in bitcoin because there is still some doubt in bitcoin future and one should not invest all his money in bitcoin because if there is any upset he will lose all his investment, therefore I suggest to all the people to investment some part of your savings in bitcoin and not all. You should keep some money with yourself so that you will never face financial problems in life.
tambok
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January 16, 2018, 03:56:16 AM
 #765

I am not in favor of investing all the savings in bitcoin because there is still some doubt in bitcoin future and one should not invest all his money in bitcoin because if there is any upset he will lose all his investment, therefore I suggest to all the people to investment some part of your savings in bitcoin and not all. You should keep some money with yourself so that you will never face financial problems in life.
Trading our saving is fine but not all is advisable to do it, I am doing a bit trading but not investing all my money that I have. But if we are rich enough and we have so much business and fund to cover our daily expenses and we are sure about the coin that we will invest just like bitcoin then push for you goal.
MaitoMaito
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January 16, 2018, 04:07:39 AM
 #766

For the previous year the real deal was 50/50 BTC/ETH, it's for sure for noobies)
This year everything can happen, but I HODL ETH Smiley
mico
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January 16, 2018, 05:39:10 AM
 #767

i think you should buy more coins to get more profit. as you can see now, Bitcoin and ETH grow so slowly, so let find more new potential coins to invest. I have researched and realized that PKT, CAT, SXDT, SXUT are good coins to invest.

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Blackfurysm
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January 16, 2018, 05:54:25 AM
 #768

Please do not do that. First of all, never invest “all” your savings in any one instrument irrespective of how good it is. These are currencies, not really investment options, not regulated, why would you “invest” everything you have in an option like this? Build a diversified portfolio according to your risk profile and suitability.
bitgolden
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January 18, 2018, 06:57:39 AM
 #769

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.
If you really want to learn fast, then you have to gather as much amount of knowledge as you can related to both bitcoin as well as trading.

In the world of trading, the only thing which you need to have for making more money is having some good amount of knowledge as it is only learning which can help you in handling the situation in a better way when it comes to making some critical decision.

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henriquelb
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January 18, 2018, 06:59:19 AM
 #770

I can not understand why a lot of people are always going to complain about this kind of threads! it is his money, he can do whatever he wants with that.. If you really hate what he is doing in here, just stop reading the post and that is it!.
di.ako.toh
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January 18, 2018, 07:50:25 AM
 #771

I think this is not a good idea, that all our savings are put in all investments. In my point of view, i think only a part not all, because in investing this is for a  long term period and we are not that sure that we will earn greater the longer we invested.

RedzoneASE
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January 18, 2018, 10:25:26 AM
 #772

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

Well your plan would have a good start. But if you want to hit it big and for long term holding. I can suggest you that you must invest in one currency.
I wont think that it could be safer, but taking that fact that you want to hit big it is better to prioritize one currency. Since those currency would compete
in the near future when eth or litecoin will hit higher mark in market.

icecream sandwich
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January 18, 2018, 10:49:29 AM
 #773

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 do not recommend to invest all of your savings because if those ccoims that you invested in will fall what will happen to you. And if you invest them it is hard to get them immediately if uou needed a money and ut has a fees so it will be a reduce to you also. But they way you divide the percentage is good for me because bitcoins are still the prime so they will be the highest percentage but i want to replace litecoins by ripple
Traslavin
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January 18, 2018, 10:59:24 AM
 #774

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 do not recommend to invest all of your savings because if those ccoims that you invested in will fall what will happen to you. And if you invest them it is hard to get them immediately if uou needed a money and ut has a fees so it will be a reduce to you also. But they way you divide the percentage is good for me because bitcoins are still the prime so they will be the highest percentage but i want to replace litecoins by ripple
Even me personally I wouldn't place all my savings in investing because I had a lot of priorities to consider like my family needs and also my school needs. And since I am now still student I don't have the saving that I can call on my own, even if I have already in hand that savings I guess I wouldn't done it.

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malah
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January 18, 2018, 11:00:14 AM
 #775

I think investing all your savings into bitcoin is very risky and not recommended because in the world of crypto currency the price is always up and down is difficult to predict, you can lose if the price suddenly dropped
Jackblack90909
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January 18, 2018, 11:50:06 AM
 #776

It is not recommended that you invest all your savings either in crypto currencies or in any other type of investment . Thats very risky and you don't know when you will need money for emergency cases. You can invest a good part of your savings into the most powerful coins like BTC and ETH and some other ICO projects.
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January 18, 2018, 11:52:20 AM
 #777

As always it's not recommended to put all eggs in a basket as all the coin you mentioned are simply monetary transaction based. when generally crypto downs everything you hold would die as well, since you have a fair long term of holdings, it's better to switch to something with larger market which utilize blockchain and uses their token as fair of their product, for example SNT or simply other that capitalise on real life industry, medical or power

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January 18, 2018, 12:27:13 PM
 #778

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
Bro, your current plan to invest that 3 coins was great, but invest your all savings is not a good idea you should keep any amount for daily neededs and for in case of emergency.
micloop
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January 18, 2018, 12:36:33 PM
 #779

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.
...
It's not advisable put money that you cannot lose at this market. Although this, let's talk about your portfolio. I think you should split into some more coins. I say that because when you split in more assets, your portfolio becomes less risky. More you split, less risk you run at. Think about include other coins like:

ADA - Ethereum's competitor
NEO - Big platform that pays GAS along the way.
XEM - potential here

But not stay stuck at this options, do your own research, make your investments by your opinion, nothing else.

Good luck.
Micloop.
mornabo
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January 18, 2018, 12:58:57 PM
 #780

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 do not recommend to invest all of your savings because if those ccoims that you invested in will fall what will happen to you. And if you invest them it is hard to get them immediately if uou needed a money and ut has a fees so it will be a reduce to you also. But they way you divide the percentage is good for me because bitcoins are still the prime so they will be the highest percentage but i want to replace litecoins by ripple
true what you that using all your money for investment is a bad idea, because whenever that risk can happen, and it is true that it is difficult to take your money immediately if you need quick funds to pay for your needs for example, because you should see the coin price first before convert your coin, moreover you do not have a back up plan when the price coin down, your plan is clearly very risky, I do not think use 100% of your money for investment, use a few percent for your savings
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