SELL ALL YOUR FIAT AND LIVE 100% CRYPTO!!!!

[granchio]

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?

In my opinion, it is always risky to left compeately either crypto or fiat. Of course you might get great profits with cryptocurrencies, but in my way of thinking, both of crypto and fiat are necessary.

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[Na1l]

I really believe that crypto has bright future, but i guess it's too risky to invest everything in it. I'm not prepared to do it

[itasannah]

They really have a great bravery. But, the condition of the last year in 2017 and this year 2018 is very different. Now, the price is very volatile and they are difficult to rise jump high easily. Now many coins are emerging.
For now, I will not take that big risk to sell out my fiats and make it into the crypto. I will still leave some fiat to face every condition bad in the crypto.

[batang_bitcoin]

I wouldn't dare to this bravery and I admire that family for betting all they got. I guess this is the family that OP mentioned.
This family bet it all on bitcoin
We Talked to the Family Who Sold Their Belongings for Bitcoins

[ronealdenila]

I would have to but then some still says that playing with crypto is a risk thing so i would suggest that trade your fiat to the crypto that you can afford to lose

[vrabac68]

I did that already and now i live from bounties.Its hard but hope big institutions are coming in so we can have little bigger profit but truth is that time will be on our side.We are at the beginning of crypto revolution and we are early adopters

[arjuna BTC]

i didn't agree with you,,
because at this moment, we still need FIAT to buy foods and goods
so, do not sell your all your fiat for crypto

[Duallimit]

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?

Of course not. Fiat money is supported by the state and production capacities, the cryptocurrencies, are mainly supported by interest from the community. It's too risky. I would still diversify my savings.

[retnoanjani]

But you need to remember: invest what you afford to lose. Understand all the risks that you will face when deciding for all in when investing with cryptocurrency. Always prepare Plan B, so if there is a failure, you can still go on and fix the error.

[krodmandoon]

I don't think that this is possible, because the way the world works it is impossible to live without any money. In vesting in crypto is one, but living with cripto only is not possible in my opinion.

[FaucetKING]

I don't own alot of FIAT currency, if i had so, i would risk it when the market loses hype and especially when there's big dips.
I think that it's risky for sure, but who takes the risk and enjoys wild decisions is the one that is going to have a happy life at the end, that's my point about this.
At the end, we might live like kings or we might live a normal life, the key of the door is in your hands, you have to pick a choice.

[kendra1107]

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?

This was one crazy move! This family took the risk and they got lucky! Question is, will the same thing happen if we were to do it? Most probably not! Coz the losing factor is greater in this type of venture. But that is what risk taking is all about, you'll never know without trying.

[dobidobi88]

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?

An interesting story. I will not do the same with them, because the steps taken are I think not wise. I will not sell any Fiat or any physical assets for crypto. I will only invest 10% of Fiat or my assets. That's because investing in crypto is very risky depending on market fluctuations.

[BTC-BTC-BTC]

Always diversify your portfolio.

[blue08]

That is very risky. But for me, if I have a lot of money I will not exchange all my fiat to crypto. Maybe I can invest 50% and 50% is for Daily needs, emergency fund and savings for just incase that I will not be as lucky as them.  And surely, I am not going to sell our house for that. I cant afford to lose it.

[yahata143]

Imagine selling all your assets and suddenly the next day you are penniless and the market crashed so hard. This will be frustrating. Better to stay safe and invest only the amount you can afford to lose.

[tikanurqaidah]

I will not do that. absolutely not. because cryptocurrency is a very uncertain world. just look at 5 months back bitcoin until today can not recovery well. many ico scam and increasingly difficult to earn money in crypto world.

[veraro]

I never do the same. I believe in crypto, but i also know that invest in crypto have very high level of risk. I suppose that everyone have to invest only sum which they ready to lost. And investment should be in different things not only in crypto. It is my opinion.

[Rtalk]

I would invest 20-30% maximum.It is foolish to invest all the money if you do not have sufficient knowledge.You can lose everything.The risk must be justified.

[cryptomarijuana]

Good idea,but how would you spend your cryptocurrencies in your country if theres small number of merchants around? it would be useless if your coutnry doesnt supportt cryptpcurrencies.