MrKubeem
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July 03, 2018, 04:17:52 AM |
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That's would be way to risky for me. Ive been in crypto for a while now and have faced both sides. The rapid raise and the sharp downfall. If I was you I would only put in crypto what I would be completely okay with to loose. It shall not have a huge impact on my life if cryptospace goes south. On the other hand I can understand that its tempting to put more and more in as prices are going up and you calculate the potential profits that you could have made.
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Cosbycoin
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July 06, 2018, 09:11:38 AM |
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Don't! I mean don't ever try it!!! Investment in Crypto does not give you 100% assurance, it's a 50/50 game, you might get huge percentage profit or get rekt, always invest what you can afford to loose
Having said that, it is always desirable to research before making the investment decision. One should never transfer the whole amount of money saved into the crypto business. The outcomes are of course pretty great often but there is always a factor of uncertainty about the market. Better be, if you invest a part of your savings in crypto and invest the remaining in stocks and bonds issued by good companies having low or no default risk. |
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ProstoInvestor
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July 06, 2018, 11:42:59 AM |
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If you are successful in trading on the stock market, then leave most of the money there, since this is your main method of earning income. You can invest a small amount in the crypto currency. Recommended exchanges: Poloniex and Binance.
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JohnWick_Bitcoin
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July 06, 2018, 11:50:42 AM |
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I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.
I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.
What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.
Its a very bad idea, the market price is volatile so there is no guarantee that you will always be making a profit, the best thing is just to start small and try to multiply your coins by focusing on trading in the market. |
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BCSHonda
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July 06, 2018, 02:52:30 PM |
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That's would be way to risky for me. Ive been in crypto for a while now and have faced both sides. The rapid raise and the sharp downfall. If I was you I would only put in crypto what I would be completely okay with to loose. It shall not have a huge impact on my life if cryptospace goes south. On the other hand I can understand that its tempting to put more and more in as prices are going up and you calculate the potential profits that you could have made.
If investors really love and trust the market, investing in cryptocurrency is very good. Cryptocurrency though still pretty much exists but I believe its opportunities and returns can bring huge investors. Investing in savings in this market will also make you less stressful because savings may not be needed in the short term. |
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zack29
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July 06, 2018, 03:13:11 PM |
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It is good decision to invest in cryptocurrency but putting all investment at one place is risky,Invest in stable different coins becasue if one side you loosing another side you will be safe.It is also saying by experts dont put all eggs in one box .Keep ib mind dont believe in rumors and dont sell in panic ups and down part of market so never cash out till meet the profit.
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budakjawa
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July 06, 2018, 03:41:37 PM |
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to do all your funds and you store them in cryptocurrency is very good and can be safer than you keep it in the bank, in fact you will also be able to get a lot of profit when the price of cryptocurrency rises.
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illnino
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July 06, 2018, 04:18:53 PM |
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Hope he didn't lose too much money or he did cut loss when the price was still high or just starting to drop down,
I wonder how much did he put in cryptocurrencies and how much did he loss.
I suppose, he was in time to read all the comments. If he did not do it, probably he changed up his mind and did not make this great mistake. Investing in the cryptocurrency is a good thing but no one should risk with all his money. |
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Elmer1
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July 06, 2018, 04:41:15 PM |
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It is good decision to invest in cryptocurrency but putting all investment at one place is risky,Invest in stable different coins becasue if one side you loosing another side you will be safe . If you are successful in trading on the stock market, then leave most of the money there, since this is your main method of earning income.
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Apaxy
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July 06, 2018, 08:13:53 PM |
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It is good decision to invest in cryptocurrency but putting all investment at one place is risky,Invest in stable different coins becasue if one side you loosing another side you will be safe . If you are successful in trading on the stock market, then leave most of the money there, since this is your main method of earning income.
even if you have a successful trade and investment, there is still a desire to somehow accumulate their funds. But the question is in the other, How and where. I, in turn, wanted to make a choice in favor of USDT, but for the time being it is as if a very promising coin has certain problems. |
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billarerghomes
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July 07, 2018, 01:34:08 AM |
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I think that a good decision if you invest in a good promising coins with future like eth,ltc ...etc but stay away from dump and bump coins to avoid total lost .
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kulitmanggis
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July 07, 2018, 04:11:34 AM |
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you can do that you can send all the assets you own and replace them all into digital currencies like bitcoin because saving money in bitcoin is not in charge and can benefit very much.
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Ziskinberg
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July 08, 2018, 11:26:54 AM |
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you can do that you can send all the assets you own and replace them all into digital currencies like bitcoin because saving money in bitcoin is not in charge and can benefit very much.
It's a good decision if you will get good results. Crypto is the future for us who believe but even if we believe on that, we also have to recognize the risk on investing so we can learn to manage it. The future is unseen, therefore anything could happen, including a loss. |
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Chooroz
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July 08, 2018, 11:34:17 AM |
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Hope he didn't lose too much money or he did cut loss when the price was still high or just starting to drop down,
I wonder how much did he put in cryptocurrencies and how much did he loss.
Well i dont really think that it is a good idea to turn all of your savings into cryptocurrency but i am advicing you that you should just put the 70% of your money in a very promising crypto, just like putting your savings on bitcoin and ethereum. |
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automaticmoney
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July 08, 2018, 01:17:01 PM |
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Transfering the entire savings to cryptocurrencies will be suicidal if the market went down don't put all ur earnings in one market invest only what u are afford to lose
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iambakov
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July 08, 2018, 06:54:28 PM |
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Even bitcoin is almost trusted in cryptocurrency world there are still a big risk with it because crypto currency is so volatle and we dont know when to dump of when to pump. I suggest you to divide you savings to 3 to 5 parts before investing.
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incomefromcoins
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July 08, 2018, 07:07:23 PM |
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putting all the money in cryptocurrency is nt advisable at all we should nt take this hasty decision at initial stages of cryptocurrency if market gets dumped we may loss all the fund
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Obama07
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July 10, 2018, 01:03:43 PM |
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If you want to transfer your all saving in cryptocurrency. I think it is a bad decision because never put your all money in one bag. If your bag is lost you can be lost your whole money. I see your are thinking, you have some altcoin and I suggest you buy a huge amount of altcoin and hold for a long time and must put your altcoin different wallet don't put your all money in one wallet.
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Ryshelrayne
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July 11, 2018, 08:22:27 AM |
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Diversify. Dont put all your eggs in 1 basket. Dont put any money that you are not ready to lose.
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