nugoph1
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January 22, 2018, 08:10:06 PM |
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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 that's not a good idea, because nobody knows the future, I think you should only use 70-80% of your savings to invest. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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p i e c e
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January 23, 2018, 08:27:15 AM |
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Do not invest all of your savings into cryptocurrency. Yes, the choice you have made is very good (I mean Bitcoin plus 2 altcoins), but do not risk with everything. Use not over than 40% of your funds – do not use all of your money. IMHO.
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dharnamonitor
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★Bitvest.io★ Play Plinko or Invest!
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January 23, 2018, 09:06:20 AM |
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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
It was almost like a gamble if he did it actually. He could've lose or gain more, we don't know really but we shouldn't have to take that much risk for this type of market. We could just have start from small amount and make it grow. |
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w33man
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January 23, 2018, 11:51:13 AM |
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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 actually like the idea. If I had your savings, I would practically do the same thing, and that is to divide all of my savings and invest them to different coins that has the potential to grow. My only concern here would be to leave some for yourself as well, perhaps 10% is alright just in case there will be some emergency expenses. |
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elston6x
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January 23, 2018, 03:58:22 PM |
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Well investing all your savings is really risky specially on cryptocurrency. I believe on spending only the half of your savings is secure than spending it all through investment .I think we must not keep searching for profit maybe we must learn first different things on investing and the rest and all profits may follow. That portfolio is good idea because all those coin strong in fundamental but by make investing all savings in to cryptocurrency, I think that not good idea, because volatilty of crypto to high and we dont know excatly what will happen with crypto in the future
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logan16j
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January 23, 2018, 03:59:05 PM |
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Bitcoin is for true believers and investing all the saving into this coin will give a huge profit and I am also investing my monthly savings into this coin and I am sure that this will multiply my money and return me huge profit and there are a lot of people who invested into this coin and now they are getting high profits from it their savings are still and they are spending profit that come from their savings and this is better
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beverly788113
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January 23, 2018, 04:00:05 PM |
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Although the distribution you made would be quite profitable if the prices increases but it would be quite a risk too.And now currently all coins are at peak of the value so they can even drop. Investing all your saving would be very risky, i would not recommend as crypto currency can change very quickly and it can drop hard making you lose all your money
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hxk451
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Merit: 12
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January 23, 2018, 04:39:48 PM |
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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
Investing every one of your savings is your most exceedingly terrible and most hazardous choice. Crypto is extremely encouraging yet you shouldn't making all your investments tied up on one place that is exceptionally hazardous. So it is smarter to contribute some piece of your savings and keep the rest for the coming issues. |
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boddy.dy
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January 24, 2018, 03:14:02 AM |
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If you will invest all your saving surely you will be in fear, every minute, hour or day you will feel uncomfortable and will over think especially when its value goes down. This will be a desperate move if anyone will do this thing. No one knows what will happen in the next day with BTC as no one knows who control this thing. By this you don’t know also what will happen on all your investment in each and every next day. The worst scenario that my come if you will invest all your saving with this is you might wake up one day with nothing at all.
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Jaya912
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January 24, 2018, 03:20:54 AM |
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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.
Think one more time about this decision is good way than you just decide by yourself without expert people. Investing all of the saving will risk all of your money into high risk high return. |
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JainaVsUther
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January 24, 2018, 03:35:59 AM |
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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. Who are you to say this? Based on a 6 month history you say it's not a good idea to hold BTC since it's down from 19k? BTC went down from $100 to $70.. that was widely reported as a crash and so everyone dismissed it as a scam. Be careful with your advise my friend as it may mislead new investors. If BTC is widely adopted then 100k+ is achievable. |
Disgruntled ICO promoter. Looking to bring some professionalism to the industry if anyone is interested.
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cj_tip
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January 24, 2018, 03:40:58 AM |
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Since the date of the original post, BTC/LTC/ETH had all seen significant growth at different times. Your portfolio allocation is very conservative and therefore very good for relatively lower risk long term holding. The market is going through a bit of a bearish / sideways trend. But since your investment horizon is 5-10 years, there should not be anything to worry about. I hope you & your portfolio are doing well. Best of luck!  |
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nz_sana
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January 24, 2018, 05:04:44 AM |
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People need savings for future so people invest. Now the question is where to invest? Its a good time to invest in cryptocurrency right now. The price of the currency has decreased in the beginning of the year and it may be doubled in the future.
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zeze18
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January 24, 2018, 05:54:08 AM |
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I think you should not invest with all the savings, because of course this is very risky.
Maybe investing by using some savings will be better to anticipate all the bad possibilities that will happen to the investment.
and investing in crypto is currently pretty good as prices go down, but it certainly needs research to invest in altcoin about a progress course of alts that will be your investment objective.
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Ravvish2
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January 24, 2018, 06:09:54 AM |
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There is more risk in cryptocurrency field.So, do not put your all money to it.You can also invest to some good ICOs.
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Kingigolo
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January 24, 2018, 06:20:45 AM |
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You can invest 50 percent and day trade than investing all.
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Traslavin
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January 24, 2018, 07:36:56 AM |
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People need savings for future so people invest. Now the question is where to invest? Its a good time to invest in cryptocurrency right now. The price of the currency has decreased in the beginning of the year and it may be doubled in the future.
Exactly, we are finding job, doing a night shift or an 8 hours duty to earn money and at the same time to have their savings that they could use in the future. And for your opinion of investing all your savings is somewhat a good decision but still a risky one. I would not agree with this and I guess 20-50% of investment of your savings is enough. |
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Lhanofclover
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January 24, 2018, 08:08:24 AM |
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Don't do it. because it's your guaranteed money and when you invest that money here and you just make a wrong decision on where to put it or if your investment got low in it's price. You will just lose it and it's bad to invest what we have save for a long time. Just put money which you think you don't care if you lose it rather than putting your savings here.
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Ziskinberg
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January 24, 2018, 01:18:17 PM |
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Don't do it. because it's your guaranteed money and when you invest that money here and you just make a wrong decision on where to put it or if your investment got low in it's price. You will just lose it and it's bad to invest what we have save for a long time. Just put money which you think you don't care if you lose it rather than putting your savings here.
That is a huge money at stake on your part, you might lose if you fail so that will probably give you a big problem if you do that. When investing we should be smart all the time, choose the investment that we believe we know it so our chances of success will be bigger. Actually, investing in crypto is quite a great decision but to put everything is not. |
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royale143
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January 24, 2018, 03:02:28 PM |
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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 investing all saving in trading is not good idea. because in trading has up and downs so you have to take step very carefully. all the money investing in bit coin is not good. you have to invest few amount of money in trading it is good idea. but total money investing is not good. for that reason i would like to explain you you have to few amount of money only in trading. I agree. The operative word that made it distasteful to most is "all" your savings. By doing that, you are putting yourself in a very dire and bad spot, especially, in the event that all your ventures don't workout for the best. Unfortunately, that is always a possibility to consider in the cryptocurrency market. Therefore, having some savings for emergency and contingency would always be a better idea. I know that you're doing this to get more profit, but I think that that leap of faith is so miscalculated that it might turn out bad in the end. Thus, even if I support your percentage distribution of where you want to invest, I don't agree that you will be investing everything in it. |
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