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Author Topic: Investing all my savings!  (Read 14276 times)
magmar
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March 19, 2018, 11:04:59 AM
 #1121

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 is a pretty big risk that you are putting yourselves into. But 10 years is a lot of years, i am sure that you can already win back that money you invested in that coins. And it is really distributed really wisely with the bitcoins having the most number of money that will be invested into because we all know bitcoins we cant go wrong with that even if they are still falling in the market we all know they can recover. And the alternatives with is the Ethereum having the most number is great too because they are the most successful altcoins.
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March 19, 2018, 12:40:41 PM
 #1122

If you can afford to lose that amount of money, then go for it. Prices are low right now, but don't invest in shitty projects. I would buy and HODL some  $BTC $NEO $ETH and $NANO. Crypto market is very very volatile, don't panic with big price swings.  Wink



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March 19, 2018, 01:04:22 PM
 #1123

Never invest all your savings, especially in crypto-currencies. It is always necessary to diversify the risks

I agree this. Investing is very risky to lose of money. It better to invest you can afford to lose them
this is a bad idea to investing all of savings.

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March 19, 2018, 01:15:59 PM
 #1124

I dont think it's not a good idea to invest ALL of your savings, there's this saying "dont put all your eggs in one basket". Although its good that you consider investing but I suggest carefully reevaluate, it would be better if you save portion of your savings as is, we wouldn't know what's life instore for us so better be ready and have that "emergency fund" besides the reason why we invest is to be ready for the future.
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March 19, 2018, 01:28:34 PM
 #1125

I suggest you do not invest all your savings in crypto form because krpito investment is an investment that has a risk to hackers that can happen. and I would suggest half of the savings you should do investing offline because I think offline with your investment will have a counterweight in the form of an investment.

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March 19, 2018, 02:06:29 PM
 #1126

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
You should consider all of the risk before you invest all of you savings. Investing here in the cryptocurrency world is a great way to double our money but always be careful for you to avoid losses.
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March 19, 2018, 03:16:12 PM
 #1127

If you can afford to lose that amount of money, then go for it. Prices are low right now, but don't invest in shitty projects. I would buy and HODL some  $BTC $NEO $ETH and $NANO. Crypto market is very very volatile, don't panic with big price swings.  Wink
Investing is one of the best thing to do to make our money grow really high, but i we will not advice that you should invest all your savings because sometimes investing is becaming risky, especially when the market was red, and i think you should just invest on the best crypto and best altcoins so you can make sure that your money is we will grow very high.
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March 19, 2018, 03:30:04 PM
 #1128

As for my own opinion. Investing all your saving is a bad idea. Even you already know that bitcoin is kept increasing and increasing in the price market! Don’t put it all. Maybe split your money into three. To cryptocurrencies, to some business like stocks and the last part is bank deposit it’s up to you how many perfect you prepare to invest. But every people have their own decisions just go for it! We can’t stop you just hoping you are guided and have mature minds for your decisions. Good luck
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March 19, 2018, 03:59:01 PM
 #1129

I hope you succeed and get whatever it is that you want from this investing strategy. It's a bold choice to put all your eggs in one basket. Fortune favors the bold.
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March 19, 2018, 04:02:47 PM
 #1130

Obviously, 100% is all in in poker ...  Wink

So, what is optimal percentage to invest?

10% ?

I invested 5% of savings into mining hardware and I mine and learn on the way.
I bought with 1% of savings bitcoin, eth, cardano, litecoin, currently I think to buy more but I still see potential for sell-off ... maybe bitcoin sub 3k$ maybe oven lower.
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March 19, 2018, 05:09:42 PM
 #1131

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

Although your portfolio is perfect, I don't think it's a good idea to invest in all savings transactions.

Because the investment risk of cryptocurrency is still very high.

I suggest you invest half your savings in the right way.
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March 19, 2018, 08:01:11 PM
 #1132

I suggest you do not invest all your savings in crypto form because krpito investment is an investment that has a risk to hackers that can happen. and I would suggest half of the savings you should do investing offline because I think offline with your investment will have a counterweight in the form of an investment.
There are simply three ways for the savings, first is to keep the money in the bank so that the bank can use that money for some business and finally you get the profit from it as a reward, other is to invest in the crypto and hold it for some time, you are going to get the reward and third is that you invest your savings in the real state after discussing it with some property advisor from the area so that you can get the reward. My choice the second one.

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March 20, 2018, 01:53:57 PM
 #1133

I suggest you do not invest all your savings in crypto form because krpito investment is an investment that has a risk to hackers that can happen. and I would suggest half of the savings you should do investing offline because I think offline with your investment will have a counterweight in the form of an investment.
There are simply three ways for the savings, first is to keep the money in the bank so that the bank can use that money for some business and finally you get the profit from it as a reward, other is to invest in the crypto and hold it for some time, you are going to get the reward and third is that you invest your savings in the real state after discussing it with some property advisor from the area so that you can get the reward. My choice the second one.

Well whether it's the first, second or third option you've mentioned dude, it's not a good idea to throw everything in one basket. Best option still is to diversify your savings. Invest some in crypto, some in real businesses and some in banks. That way you'll have fallbacks in case something unwanted happens

 
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March 20, 2018, 02:08:45 PM
 #1134

Bitcoin is not safe heaven yet. It is still under development and facing regulation in several countries. Do I forget mentioning its very fluctiative? Well, investing your entire money is totally bad idea. Use under 10% of your money allocated for bitcoin only.
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March 20, 2018, 02:23:40 PM
 #1135

Your choice of investment into all the three coins is very genuine. You have picked the best of cryptocurrencies to invest. For long-term I think it is Bitcoin which will give you a huge profit ethereum is up to some extent good for long-term investment but I don't suggest litecoin for a long-term investment plan. I don't see a great potential of the litecoin. Secondly you should not investment all your savings but should invest a portion of of it.
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March 21, 2018, 05:10:33 AM
 #1136

I think investing all the saving is not so good. You have to keep little portions from that and can invest the rest. And cryptocurrency is good for investment and making the profit. You can invest on Waves. Now Waves coin price is low($3.85-$4.50). At the end of this year, Waves coin will be $10. And this is the most potential coin.

I strongly agreed with you sir. You are right, investing all the savings is not good. It's true that investment is the good way to earn huge amount of money. However, there is a lot of damage . So, it's not good idea to investing all savings.
The sequence is this if you invest all your savings what would happen to you or to your family if you have no savings. In crypto you can pullout your money but if you can how much money is left to withdraw, there are many people who come to crypto rich and end up in the present poor. They only learn after they loss which is a disgusting feeling that if you learn first before investing all your money you will not end up nothing.


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nhattori27
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March 21, 2018, 06:16:31 AM
 #1137

You don't need to invest all your savings. You can keep 30 percent with you and with the rest of the 70 percent you should buy well-established coins.
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March 21, 2018, 06:33:19 AM
 #1138

it may be a risky decision, because when you invest with all the money you have, then the risk will be 100%. think, when you make a profit you can become a new rich man, but, when prices start to dump, you're probably going to panic.

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March 22, 2018, 07:34:19 PM
 #1139

You don't need to invest all your savings. You can keep 30 percent with you and with the rest of the 70 percent you should buy well-established coins.
Yes try to make a chart and then after that you should make a percentage that how much you want to invest and how much you want to save. I think it is not good to invest only 30% in bitcoin and save 70% so it will increase and it will grow so you will earn high amount of profit. If you will save some amount of money then at the time of need you will not have to sell your bitcoin.  Bitcoin is very well developed currency now as per demand and need.

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March 22, 2018, 07:59:15 PM
 #1140

I think that's a crazy idea, if you fail then you will lose everything, take enough to trade and do not push yourself too hard
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