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Author Topic: I bet it all in bitcoin?  (Read 2743 times)
airdagon
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May 17, 2019, 12:51:05 PM
 #181

If you take advantage of course you also have to take risks, but remember not to take risks that are too big
  What else is gambling on crypto is not very good. That's my suggestion.
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May 17, 2019, 01:26:25 PM
 #182

If you take advantage of course you also have to take risks, but remember not to take risks that are too big
  What else is gambling on crypto is not very good. That's my suggestion.

The OP is confident enough, as far as i can see it.
I would also say that OP has made a good choice about investing in Bitcoin.
The reasons are so simple.
Bitcoin is the most stable coin if we compare it to other coins. So by chance if it falls down then,  the OP will face a little loss only and gradually he can recover it later on.
And also who knows,  he might also make huge profit as Bitcoin is increasing.
So i would say that good choice OP.

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mirawantirinjana
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May 17, 2019, 01:52:22 PM
 #183

actually it would be too risky if you risk everything just on bitcoin, you should invest your capital in some other trusted altcoins. but that wasn't too bad. because bitcoin is the best coin.
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May 17, 2019, 02:27:34 PM
 #184

If you take advantage of course you also have to take risks, but remember not to take risks that are too big
  What else is gambling on crypto is not very good. That's my suggestion.

The OP is confident enough, as far as i can see it.
I would also say that OP has made a good choice about investing in Bitcoin.
The reasons are so simple.
Bitcoin is the most stable coin if we compare it to other coins. So by chance if it falls down then,  the OP will face a little loss only and gradually he can recover it later on.
And also who knows,  he might also make huge profit as Bitcoin is increasing.
So i would say that good choice OP.
Of course, betting on bitcoin is a great option when the stability and recovery of bitcoin is always too good, this is something people can always see from the past and present, the value of bitcoin can still return as soon as it has fallen very deep. However, I think OP has forgotten that we invest with the goal of making the most profit possible, all in bitcoin will be profitable but the time to be able to receive profit is too long while if we use that time and have a good strategy, altcoin will bring us more profit than bitcoin, the risk will be equivalent to investing in bitcoin when altcoin is potential

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May 17, 2019, 02:32:23 PM
 #185

Investing in Bitcoin, you don't need to think too much because profits will automatically come to you over time. I think this market should only trust Bitcoin because it will determine all trends in this market. In fact, all whales are only interested in profits and they usually only invest in Bitcoin to make a profit but if you don't have big knowledge, you should only choose long-term investment because Bitcoin will soon price is $10,000 this year

Yes, the profit will definitely be over time and it is a good and safe investment for those who are ready to freeze their investments for an indefinite period. Personally, I prefer fast cash flow.

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malikusama
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May 17, 2019, 05:43:38 PM
 #186

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.


The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.

To invest all in bitcoin is not a huge risk, in fact it will minimize the risk as compared to other cryptocurrency investment.
The maximum you will lose is "time", how? Let me explain
Bitcoin is the most reliable crypto ever that's why sooner or later bitcoin will recover its price after every dump, as like it's recovering price now.
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May 17, 2019, 06:37:13 PM
 #187

Investing in Bitcoin, you don't need to think too much because profits will automatically come to you over time. I think this market should only trust Bitcoin because it will determine all trends in this market. In fact, all whales are only interested in profits and they usually only invest in Bitcoin to make a profit but if you don't have big knowledge, you should only choose long-term investment because Bitcoin will soon price is $10,000 this year

Yes, the profit will definitely be over time and it is a good and safe investment for those who are ready to freeze their investments for an indefinite period. Personally, I prefer fast cash flow.
But its not completely safe there are chances for losing your capital as well when you sell the bitcoin at wrong time.So don't put your life savings into bitcoin just keep your spare money in bitcoin for too long period.
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May 17, 2019, 08:06:11 PM
 #188

"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"

With these two bezels on your head, it's easy to size and risk your bet.


The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.
i will say using all your money to invest in only BTC is a risky way and should not be done, anyway, i still think BTC is a good choice for long term investment, so i guess if it goes down too much, wont be a problem, we can still have hope to see BTC rise again in the future as long as we still hold our BTC.

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May 17, 2019, 09:57:50 PM
 #189

This is a little complicated. But diversifying your money among others mostly affects your portfolio in a positive way. The whole market mostly follows btc, but not exactly. You may miss new opportunities because of this step.
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May 18, 2019, 06:17:29 AM
 #190

This is a little complicated. But diversifying your money among others mostly affects your portfolio in a positive way. The whole market mostly follows btc, but not exactly. You may miss new opportunities because of this step.
it must be seen quantitatively as well, altcoin always follows behind bitcoin and will talk a lot when BTC starts sideways. But if the momentum is right, doing all-in on BTC can also be expected, but as soon as possible see opportunities for altcoins too, bitcoin always falls deeper if it enters a correction period.
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May 19, 2019, 05:57:41 PM
 #191

If you take advantage of course you also have to take risks, but remember not to take risks that are too big
  What else is gambling on crypto is not very good. That's my suggestion.

The risk is minimal if the guy wants to invest everything in Bitcoin. We all know that BTC is the true market ruler, its leader. You can take it or not, but altcoins will depend on the main crypto for a long time.
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May 19, 2019, 06:12:10 PM
 #192

If you take advantage of course you also have to take risks, but remember not to take risks that are too big
  What else is gambling on crypto is not very good. That's my suggestion.

The risk is minimal if the guy wants to invest everything in Bitcoin. We all know that BTC is the true market ruler, its leader. You can take it or not, but altcoins will depend on the main crypto for a long time.
altcoin price depend on bitcoin price movement.market sentiment and market confidence depend on it too.so it buy and hold bitcoin in large amount its fine and no problem for us later.maybe it will give us much profits later.
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May 19, 2019, 07:00:43 PM
 #193

This is a little complicated. But diversifying your money among others mostly affects your portfolio in a positive way. The whole market mostly follows btc, but not exactly. You may miss new opportunities because of this step.
If you have a good trust with your knowledge then betting all in will be just fine, you'll see the results after the huge pumped or big downfall, you just need to be ready accepting whatever fate brings you, always keep in mind that it's your money so keep everything in the right place always find trust and patiently holds.
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May 20, 2019, 02:45:37 AM
 #194

This is a little complicated. But diversifying your money among others mostly affects your portfolio in a positive way. The whole market mostly follows btc, but not exactly. You may miss new opportunities because of this step.
If you have a good trust with your knowledge then betting all in will be just fine, you'll see the results after the huge pumped or big downfall, you just need to be ready accepting whatever fate brings you, always keep in mind that it's your money so keep everything in the right place always find trust and patiently holds.
Even though we trust a lot bitcoin, we also have to be realistic and accept in case things would not go as expected.
This is risky and that's the nature of investing here, but IMO, bitcoin will be more successful compared to other coins, so going all in is good.

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May 20, 2019, 06:55:29 AM
 #195

It is best to avoid the lose-it-all kind of risks in investments, thats what distinguish an investment risk from gambling.The better approach is to spend time looking researching possible asymentric risk-one where the reward is great (astronomical as with cryptos) but relatively low risk.
Well I am a fan of diversification in the crypto market and would suggest that you should diversify. Anyways, you would have to face maximum risk if you have put in all your money in Bitcoin. This is because when you diversify, you reduce the risk of loosing value and if you loose in one asset, you might not necessarily loose at another but Bitcoin right now is really in the mood of making big gains.
You are looking for huge profits aren’t you? And this is nothing but both the quest for big profits and fear of missing out that you want to invest all you money in Bitcoin. I think this is not bad to try to make money but putting in all the money in one coin could be a bit too risky and this is the reason we often diversify. They say you do not have to put all the eggs you have in the same basket.

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May 20, 2019, 03:03:49 PM
 #196

Well, I don’t think so, you should just monitor rates and see what crypto is doing better
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May 20, 2019, 03:06:45 PM
 #197

Well, I don’t think so, you should just monitor rates and see what crypto is doing better
And what is current situation?
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May 20, 2019, 03:10:04 PM
 #198

Well, I don’t think so, you should just monitor rates and see what crypto is doing better
And what is current situation?
Now it’s Litecoin and Ethereum, so use opportunity and and don't forget to choose the right exchange for you. Personally I prefer velvet exchange
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May 20, 2019, 03:16:00 PM
 #199

Well, I don’t think so, you should just monitor rates and see what crypto is doing better
And what is current situation?
Now it’s Litecoin and Ethereum, so use opportunity and and don't forget to choose the right exchange for you. Personally I prefer velvet exchange
Why velvet? Never heard about it
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May 20, 2019, 03:20:55 PM
 #200

Well, I don’t think so, you should just monitor rates and see what crypto is doing better
And what is current situation?
Now it’s Litecoin and Ethereum, so use opportunity and and don't forget to choose the right exchange for you. Personally I prefer velvet exchange
Why velvet? Never heard about it

The truth to be told it just works fine
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