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Author Topic: investing more than 10k worth it?  (Read 2292 times)
Kizaki
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April 23, 2018, 07:30:54 PM
 #181

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.

Investing is risky, cryptocurrency is really profitable. I think they are gambling their money for a big profit. Take note that, if the risk is high, the possible out come is high too. But, remember that the market is volatile that it can fall quickly in just a snap. If you are confident with your investment, there's no need to worry investing this big amount, but this will be life changing, you can either end up rich or poor.

 
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April 24, 2018, 06:16:57 AM
 #182

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
you should not take loans to invest in coins, you can invest only up to 30% of your deposit, otherwise you can go broke. Over time, when you feel the market you can invest 10K.
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April 28, 2018, 01:58:59 PM
 #183

Indeed, and you have some good points there. We must also know that it's not only about gaining and increasing. If you can gain more profit, expect also to lose many too
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May 01, 2018, 04:22:03 PM
 #184

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
It's kind of a bad financial move to take a loan to buy a currency because the currency itself isn't generating money. Perhaps with a proof of stake coin it could be a better move, but even then you're exposed to extreme speculation. The interest on a loan is a big problem, so whatever you do with the loan money would have to outperform the interest and monthly payments.
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May 01, 2018, 04:38:08 PM
 #185

The more you invest the more you gain. Imagine that your portfolio is about $20k . And if you invest about $1000 in several ICOs, and get about 50%-100% profit from it. So your total earning will be around 5-10% of the total portfolio value. And take into account that your portfolio can increase or decrease by 5% per day approximately just due to volatility of crypto. So as a result it can take a lot of months until you double your deposit. So in most cases it worth trying to invest up to 20-25% of the total deposit in a really good project, which can give you 3x-5x and even more. In this case your portfolio grows exponentially.
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May 01, 2018, 04:39:57 PM
 #186

Investing in such amounts will in any case be accompanied by certain risks, you must understand this, so today many people divide their investments into several parts, it seems to me that you will have to do the same, you can not invest the full amount in one project.
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May 01, 2018, 04:49:52 PM
 #187

If you do not have prior knowledge in the crypto industry I suggest to learn it first as newbies will just get crushed and lose their money if they do not know what they are doing.

Investing all of your money in cryptocurrency is like you taking a jump on a cliff. Only invest what can you affored to lose that is one of the saying here. So if you cannot afford to lose a single penny then do not invest into anything.

If you want to just invest your time in crypto then do bounties in this forum as many members are earning good from ICOs.
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May 01, 2018, 06:25:08 PM
 #188


I will never ever think of investing this huge amount of money on crypto at once.
 if i don't have a full guarantee of getting the profit  doing so will be a foolish move.
There is always a risk on the edge , why would anyone will be risking this huge amount . Always start with small amounts and then go higher . Investing through the profit made by previous investments is also a smart move .                                   

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May 01, 2018, 09:27:10 PM
 #189

I think this depends on the individual's economic strength. If you have so much money, you can choose to invest. It will certainly be profitable, so I hope everyone can invest cautiously.
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May 01, 2018, 09:28:54 PM
 #190

Honestly as long as you're willing to lose it worst case scenario, then probably yeah.

Of course it also depends on the coin(s). And diversifying it would be a good idea.
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May 01, 2018, 09:30:24 PM
 #191

Bold move but on the other hand nothing ventured nothing gained.
I would invest in different small but potentially very profitable coins.

Like CREDITS and TBAR also other but would do a good research first.

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May 01, 2018, 09:41:56 PM
 #192

I think this depends on the individual's economic strength. If you have so much money, you can choose to invest. It will certainly be profitable, so I hope everyone can invest cautiously.
Any amount that can be used to buy a crypto currency is suitable for investment. The best question to put this way, sure and the user in their preferences. Therefore only rating coins can be qualitative opportunities for investments.

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May 01, 2018, 10:55:37 PM
 #193

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.

The amount that should be invested have to be a number that can make a difference for the investor. For some this is $1000 and for others it is $1000000.

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May 01, 2018, 10:58:22 PM
 #194

Absolutely. Because when you gain profits, profit is absolutely decided by the investment, big investment may give just crazy profits.

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May 01, 2018, 11:00:57 PM
 #195

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
If you are sure with what you are investing your money with, I think it will be fine. Also, when it comes on an investment, the bigger the amount of money you invested, the bigger profit to be earned. But that would still be a risk especially in cryptoinvestment qhereas the market value of the cryptos are naturally volatile.
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May 01, 2018, 11:01:54 PM
 #196

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
Its too risk if you put a huge amount for investing we cant predict the price in market if its ups and down and to hard if you get loan just to invest in cryptocurrency. And when investing huge amount choose a very good token and make a research to avoid failure.
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May 01, 2018, 11:03:00 PM
 #197

If it's not your last 10k or 30k, of course, invest them
But as for me investment more then 10k is a risky deal (because i don't have millions - if i had, yes, i'd put about 100k)
In case of the nowadays unpredictable situation with whole crypto, i'd like to recomend you put not more then 30% of all your money (maybe 40% if you're so risky person and like to get the game in your live)
We all have to be really carefull with this world

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May 01, 2018, 11:18:04 PM
 #198

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
It's not gambling! You need to do a lot of researches before investing in a project. I think no one will put huge amounts of money in a project they dont know exactly. Research is a must and do it by yourself, because scammers are getting smarter nowdays. The rest, you need to be ready to lose your money (be ready for the worst condition)

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May 01, 2018, 11:19:22 PM
 #199

is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
If $10,000 is the amount that they can afford to lose, then that's their decision to make. Who are we to tell them not to? But it is a huge amount for most to invest into something volatile. But it is a risk that some are willing to take in order to earn true profit. Well, they can afford it...unlike some of us...

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May 01, 2018, 11:22:12 PM
 #200

There no fixed rules for investing....but I personally don't recomend to invest more than 5 max 10% of your savings in crypto... so If you have 50.000 $ in savings I think you should not allocate more than 2500-5000$.....
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