Investing all my savings!

[RavenHood]

In my opinion,  You have a right plan in investing all your saving into the world of cryptocurrency. I Just need to remind you that before you enter you have proper knowledge regarding the value and platform of it because investing is risky, always monitor the value to avoid the big losing amount of profit.If you don’t have experience, but you have the knowledge, you can start investing little by little so that you an idea about the investment.

[carlisle1]

That is the basic thing and every trader must know it better before taking proper start in trading. You must not put everything in one investment. Rather divide and keep every portion in different chores. Like if you have an investment, divide it and keep 50% in bitcoin, 25% in altcoins, 10% in bank for saving and other for daily needs. These ratio may vary person to person.

it wasnt really a good idea putting 75% of the said funds into crypto.and 10% in bank?thus that percent enough for recovery if he fails here in cypto?i think not,my advice is put the 50% in this forum.maybe 30% in bitcoin,10% in top coins and another 10% in other coins.in that way many option for gaining will happen..and the 50% should be on your alternative usage..maybe depositing 30% in banks and the other 20% is for your needs.

[Cryptoproff]

If you really investing all your savings, then dont do invest 100% of it. Also you should buy parts on rollbacks, and not immediately for the full amount. 

[Svetstor]

For many years investing half of their savings in crypto currency. Profit is very decent.

[19mlmendoza82]

invest in different port.. not wise to to invest all money in one port

[digitalgame4life]

First of all investing all your savings is not wise, however that also depends on how much your savings are, if your savings are below $10k you can invest fully, however above $20k I would do only 40-50% and not more, I would surely not invest in BTC or ETH, what kind of profits are you looking at?
There are much more better projects around that can give you very good ROI this year, have a look at VEN, ICX, and upcoming WANchain, these projects will be very great this year.

[syamster]

You should put in in more coins, and check some low market cap coins also- as they have the potential to grow more in value

There is nothing to lose in bitcoin buddy because bitcoin give you surety of profit and if you want proof see this community here people are becoming rich just because of bitcoin and the loss factor in bitcoin is negligible and loss only go to them who don’t pay serious attention toward the market and don’t take sensible decisions of buying and selling and so don’t worry believe in bitcoin and put your all money and wait for profit.

[vinbentrob]

Since you're picking more established coin,  you should be safe. However you should know there is no guarantee whatsoever that you will make profit!

[Rosa Paula]

The ratio how you've split the funds among cryptocurrencies is good. Still I wouldn't invest all my saving in anything not just in cryptocurrencies. No matter how the situation is looking good and attractive and the price is high this can change and will change at some point so it's too risky to spend all your saving. Reconsider your decision one more time and maybe consult somebody that is maybe more experienced with cryptocurrency investing.

I agree with your post.always risk Involved on cryptocurreny investment.I think, you keep some money for recover your losses.Although the probability of loss is less.Then I think, every person keep do this.I always keep some money for recover my losses.

[iamwhitewave]

IMO splitting them is good. But I would suggest not just to hold them for years.

[sirleaf]

To me, it all depends on the type of investor you are. If you are a higher risk taker, you can decide to put all your saving into investments but if you are a moderate risk taker which i think is the safest is to still reserve some portion of savings.

[acekrish]

Investing all of your saving can be very dangerous.If you really want to invest,a smart move will be cost averging.Don't rush.BUt since this is a old thread,you pretty much know everthing at this point.I suggest you to grab some profit and hold rest for long term

[Question123]

Better if you don't invest all of your savings dude,  because you don't know if cyrptocurrency will increase more or it will decrease. Imvesting in bitcoin,  ethereum, and even litecoin is safe but what if the price will decreased and you invest all your money so the result you lose some of your capital.  I suggest to you and to all invest only money that you can afford to lose incase that coin you invested decreased you have support and it's up to you if you buy more xoins or you can only wait the price to increase again.

[ether19]

Please don't invest all your hard earned money into crypto currencies. It is too volatile. Invest 10 to 20 percent of your savings. Not more. And be ready to take a hit and above all be patient. Invest in good quality coins. Avoid shit coins at all cost.

[BigTeeths]

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 really great portfolio. I only see bitcoin that will multiply faster compared to eth and litecoin so maybe at least replace either of the two with a cheaper and potential one like EOS, UTRUST or WANCHAIN.

[davidroux]

the coinmarket is so risky, if you invest all you savings in the right coins, right time, you can make money. but invest all your savings is too dangerous i think,  you should keep at least 30 % your savings for the rainy days

[TheGreatPython]

Yes, it's not a good idea to invest all your savings in cryptocurrencies. when you invest a lot the risk ill get higher. so be careful while planning something like this. the value of cryptocurrencies goes up and down.it ill never be a constant value. Find more details about Coin market cap

I don’t really think so that investing of all your savings into bitcoin is actually a good idea in any way. Investing is no doubt a good thing and it actually gives you an opportunity to make more money using the resources which you have but the thing is you need to be very much careful whole deciding this thing that how much of your investment you have to invest ad you have to keep some of your money as savings too.

[gabmen]

Yes, it's not a good idea to invest all your savings in cryptocurrencies. when you invest a lot the risk ill get higher. so be careful while planning something like this. the value of cryptocurrencies goes up and down.it ill never be a constant value. Find more details about Coin market cap

I don’t really think so that investing of all your savings into bitcoin is actually a good idea in any way. Investing is no doubt a good thing and it actually gives you an opportunity to make more money using the resources which you have but the thing is you need to be very much careful whole deciding this thing that how much of your investment you have to invest ad you have to keep some of your money as savings too.

That's doing it the safest way. I agree that the best thing to do with your investments is to diversify but let's admit it, money in crypto trading comes a lot faster than the conventional investments like stocks or businesses. And these also have their own risks. So we can't blame some people for considering going all in on crypto

[BaraxLo]

Yes your percentage is quite good when in comes to good coins out there. But for me I will not invest my all of savings because trading is a big risky if you dont know how to hold or trade coins properly. You should learn first and go to the basics first. If I we’re you go to some altcoins because there is many potential out there of coins, just dicover it and it is little to much for litecoin for 25% of your savings. Just add more altcoins to have more and more profits and to discover more altcoins because there is a coins that continuously going up.

Investing and trading are two different things. I mean, they are like poles apart. If someone does not feels safe playing this game of trading, he is not obliged to. Do a simple investment in the right place as bitcoin and just hold that asset for a good duration of time.

That is all what is required for earning profits from an investment. Trading is more about buying, selling, predicting value and decision making on the basis of those predictions.

[matedrink24]

Yes your percentage is quite good when in comes to good coins out there. But for me I will not invest my all of savings because trading is a big risky if you dont know how to hold or trade coins properly. You should learn first and go to the basics first. If I we’re you go to some altcoins because there is many potential out there of coins, just dicover it and it is little to much for litecoin for 25% of your savings. Just add more altcoins to have more and more profits and to discover more altcoins because there is a coins that continuously going up.

Investing and trading are two different things. I mean, they are like poles apart. If someone does not feels safe playing this game of trading, he is not obliged to. Do a simple investment in the right place as bitcoin and just hold that asset for a good duration of time.

That is all what is required for earning profits from an investment. Trading is more about buying, selling, predicting value and decision making on the basis of those predictions.

Hodling Bitcoin doesn't seem profitable anymore since the moment it reached 19k$. Look like hodling bitcoin isn't fit with newcomers , it only works with oldbie who bought Bitcoin 2 or 3 years ago. Newcomers have to find another way to earn money from bitcoin.