Investing all our Money in bitcoin is good or Investing little portion of saving

[Mikwik]

  Investing few portion of our savings is good I think.
Really it is a good plan to make a step of decision in bitcoin.
Suggestions of others helps here for a strong basement. 

[1715173545]

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[xskl0]

You can invest all your money but knowing that maybe you can lose a lot of money on a price's correction. If you want to go all in probably just before this fork is less recomended

[TimtheYoutuber]

Before you invest, the money should be money you can afford to lose. Second, you need to evaluate the coin yourself to see how much it is worth in your opinion. Then if the price falls to that valuation then you can invest


Check out my video that explains how to evaluate coins : https://www.youtube.com/watch?v=LLwHkIKhddw&t=0s
(Subscribe if you find it helpful )

[spngebob]

Investing part of your funds is good but you need to put a line here.
Personally, I wouldn't touch my savings for any kind of investment, they are savings for something in near or far future and not funds for investment.
I don't see how this topic will help anyone, decision is only yours and if you want to follow "instructions" from forum you probably shouldn't invest at all.

[Rishabh riyz]

Honestly I won't invest my money on BTC now , I believe BTC was a good asset back then when it started and the value ranges between $2K to $3K, now it's good to use it as digital currency.
I would rather prefer alt coins like ETH and LTC to invest in , they are in a starting phase where tgeir value is also not very high and is affordable . These altcoins seems to have better future to me .

[HasHe]

Investing in bitcoin is good,but investing all our money is not advisable as bitcoin price is volatile in nature.Investing about 25% to 40% would be better.But,most of people today would get excited on seeing bitcoin's high rise in price and would tend to invest almost all of their investments in bitcoins.

We would have to remember that bitcoin is not backed by any authority and so,there is no one to give assurance to its value.Its a risky investment for all our money to be invested.

[East7547]

I honestly don’t think investing all your capital in one thing is a good idea, diversification is the key, you might limit your gains but you will massively limit your potential losses

[ToyotaFortuner]

Investing few portion of our savings is good I think.
Really it is a good plan to make a step of decision in bitcoin.
Suggestions of others helps here for a strong basement. 

investing all that money is very risky, I suggest you invest 70% of the total money you have, because the remaining 30% of money you have can to survive to buy daily necessities.

[onrise]

I honestly don’t think investing all your capital in one thing is a good idea, diversification is the key, you might limit your gains but you will massively limit your potential losses

Investing everything in one thing is certainly the bad decision you can ever take. It should always be the different cypto currencies you should purchase and also you should only invest a certain portion of the savings you have. As you all know it is very volatile so risk is also associated is highest.

[SvenBomvolen]

That's right, investing in Nitcoin is going to be very profitable and you need to wait for long to have results I suppose more and more people step on this path, cause of holding money in a bank doesn't bring any profit at all and even doesn't cover the inflation, meanwhile Bitcoin raised 700% this year and it's not the limit, many people are talking about seeing 10000$ this year already.

[Frank0209]

Do you have any experience or knowledge about cryptocurrency world? If you just have a little I think you shouldn't invest all your money cause there are some risks and you can lose your money when you invest in Bitcoin so I think you should start with small amount then when you have more experience and knowledge you can invest in Bitcoin with bigger amount. Beside Bitcoin is not only cryptocurrency you can invest in, there are also a lot of good altcoins like ETH, XMR or LTC,...price of these coins is much lower than Bitcoin but it has very good potential so these altcoins are good options if you want to invest with small amount

[jekjekman]

Investing few portion of our savings is good I think.
Really it is a good plan to make a step of decision in bitcoin.
Suggestions of others helps here for a strong basement. 

Investing in Bitcoin is good though if you just look the history of it within the past year but I can't tell you what will happen next because I am not a professional investor, investing all of your money with Bitcoin is a risky move and at the same time is worth if what happened last year until this day will repeat again to next year of Bitcoin.

Savings is a hard earned money and losing it in an instant is a devastating scenario so the best advise for you is the never ending phrase 'Invest only what you can afford to lose'. To all investment there is always risk so you may take it as a gamble but if you may just go to the high probability of winning and Bitcoin now is in a high probability for me.

[ugr_erkn92]

Bitcoin reached the price of 7,300 USD in a very short time. There is a high possibility of a fall from here. It is important that you do not deposit more money than you can lose while investing. Almost everyone agrees that the price of Bitcoin will rise even more. But investors need to be careful.

[usekevin]

Investing few portion of our savings is good I think.
Really it is a good plan to make a step of decision in bitcoin.
Suggestions of others helps here for a strong basement. 

Investing your money is the best option to save your money for the future. If you have a dollars in your bank account or any Savings means,you ill sell that once you want money .So investing your money is best as compare to holding it.If you holding means,you need of security for that.If you invested means,automatically the amount will double or triple.

[BingoDog]

You have probably heard how they say, never put all your eggs in just one basket. The same is applicable for investment. Although the bitcoin value is high now and it seems it will rise more still it's a risky investment and the price might change. The best thing to do would be to divide your investment portfolio but I would still put the majority to bitcoin and leave something in fiat also, you never know when you might need it.

[vaughn125]

When investing (not just in crypto currencies but also to all types of investments),  you should really consider your everyday needs or your family's if you have one already. Needs like, food, money for monthly bills, etc. Also, you will have to put aside a little extra amount for emergencies. Because what tomorrow brings can never be predicted. So always save for rainy days even when skies are looking good. Then after taking all these into consideration, if you still have something left from every salary, then you can invest it little by little just to test the waters then do as much as you want.

Hope this helps. Good luck on your decisions.

[sumitmehra08]

Obviously, Investing some portion of savings in bitcoins is a better option. Its a cryptocurrency which is still not acceptable or even regarded as a currency in several stores and markets that we go through our everyday lives. If one day, when an emergency arrises and you'll be in utter need of your savings. Bitcoins aren't going to come to you for the rescue. In order to cash out your bitcoins you'll first have to create a sell order and then you have to find a buyer. Its not an instant way to cash out your saving from bitcoins, It'll take some time. Bitcoin is still a risky investment as it is still a issue of legality. Don't invest if you don't understand.

[Slash61]

Investing few portion of our savings is good I think.
Really it is a good plan to make a step of decision in bitcoin.
Suggestions of others helps here for a strong basement. 

you should be careful when you decide to invest in bitcoin, of course, you will save it to sell later when the price rose very large. still, it does not rule you will lose. I think you should invest a little of your money. no one will be responsible for your loss later.

[betMaster]

Investing your money in any new field is scary at the beginning especially if you are new at this , or if there's still shady things about the field you are investing in . Yet when we talk about investing in bitcoin, and seeing the history full of success and growth rates , we can't help but go all in . Bitcoin is the most successful phenomenon of this era and people can't deny how satisfying it is to watch your money stacking all by itself without even breaking any rule or spending any drop of sweat .

[Marry Finch]

Turning all your cash is not worth it for several reasons. Firstly, due to the fact that the infrastructure for providing services and buying goods for bitcoins is still not sufficiently developed, it is necessary to have some of the money in cash for everyday purchases. Secondly, the investment of all funds is associated with certain risks of their loss, and this is not recommended.