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Author Topic: I bet it all in bitcoin?  (Read 2704 times)
Yaunfitda
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April 25, 2019, 05:41:58 AM
 #81

Taking a risk also taking you to the huge profits. If your guts were right, good for you. But we can not learn our lesson if we do not experience such loses. Crypto tradings are really risky, it is how we use some strategies to gain profits with this unstable market.

I guess the OP is willing to take the risk, However, it's not paying dividends because if he has invested in early 2018 then he had witnessed the longest bearish trend we have so far.

So now the best thing for his to do is just HODL, the market seems to recover and it's possible that at the end of the year, we might see 5 figures again, so just HODL on it.

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April 25, 2019, 08:38:14 AM
 #82

"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.
When you spend the greater the amount of investment on Bitcoin, the profit becomes even bigger. But with that, the risk is very high if you make a mistake. Therefore you should have a reasonable plan when investing in Bitcoin at times will be profitable. So be calm and confident when you have enough knowledge about the crypto market.
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April 25, 2019, 06:04:28 PM
 #83

Knowing the risk is what stops a lot of people from investing Cool. Well, it is always good to know the risks part of whatever you're going into, then you can consider whether you're fit for it or not. If you can take that risk then you can go ahead and take the risk, if not, then you forget about it.

Just like when I told my friend about Bitcoin, i taught him everything he needed to know, and when I talked about the risk he just gave up, said he wasn't ready to take such a risk cause he doesn't have money to do that. And that was a good decision that he took, cause if he went ahead and lost the money then it would have been a big challenge to him based on his current financial situation. Even to me, it's difficult.
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April 25, 2019, 07:04:13 PM
 #84

Taking a risk also taking you to the huge profits. If your guts were right, good for you. But we can not learn our lesson if we do not experience such loses. Crypto tradings are really risky, it is how we use some strategies to gain profits with this unstable market.

I guess the OP is willing to take the risk, However, it's not paying dividends because if he has invested in early 2018 then he had witnessed the longest bearish trend we have so far.

So now the best thing for his to do is just HODL, the market seems to recover and it's possible that at the end of the year, we might see 5 figures again, so just HODL on it.
Even right now that the market is in bear there are still people that are making profit from trading, and people that are losing their money as well. It's not working out for everyone, just those that understands how the market works.

Hodl is just best for those that has no knowledge of trading cause if they trade they are definitely going to lose their money. And while you Hodl you can also do other things like bounty campaigns or Faucets, any of these that you dedicate your time will make some money. Based on my research, those that dedicate their time to Faucets makes up to $200 a month while those that dedicate their time to bounty makes up to $2000. So it's your choice anyone you think will be easy for you.
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April 25, 2019, 07:31:13 PM
 #85

Well, you can't loose more than you invested, this number is fixed, so it's up to you with what amount of money to take the risk.
With possible profit it is a little bit harder, because it tatally can be endless. With crypto currencies such profit as +100% +200% became usual already, but I believe it's not the rekord yet and maximum can be unbelievable.

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April 25, 2019, 07:44:33 PM
 #86

Well, you can't loose more than you invested, this number is fixed, so it's up to you with what amount of money to take the risk.
With possible profit it is a little bit harder, because it tatally can be endless. With crypto currencies such profit as +100% +200% became usual already, but I believe it's not the rekord yet and maximum can be unbelievable.

LOL I thought to say the same. He cannot loose the money than what he has for trading.

Then to make the profit you need to be choosy on selecting the best cryptocurrency which bump as well as fluctuate in the marketplace. This will give the more growth for your own trading portfolio.
I am not sure those percentage are really possible in trading may 20 percentage or 50 percent profit may be reasonable.

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April 25, 2019, 07:58:06 PM
 #87

Well, you can't loose more than you invested, this number is fixed, so it's up to you with what amount of money to take the risk.
With possible profit it is a little bit harder, because it tatally can be endless. With crypto currencies such profit as +100% +200% became usual already, but I believe it's not the rekord yet and maximum can be unbelievable.
Yeah if you have a good glimpse what future can bring to your investment,this figure is just a record for the last time high, aside from that the potential if making it much higher, there's always possibilities, just needed to patiently wait and trust everything you understand.
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April 26, 2019, 08:39:38 AM
 #88

Taking a risk also taking you to the huge profits. If your guts were right, good for you. But we can not learn our lesson if we do not experience such loses. Crypto tradings are really risky, it is how we use some strategies to gain profits with this unstable market.
In this market, we just have to learn to always balance things, yes it is good to take risk, because a successful businessman will always take risk but he would not just take risk without studying it first and outing all risk management tools in function.

We have to look at the risk if it is worth taking or not and not go about taking all ring that we see. And like you said, after deciding if the risk is worth taking, we have to apply lots of strategies to it, without have a good strategy in our trading, whatever risk we take will eventually become worthless even though I  looks worthy from the onset.

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April 26, 2019, 04:41:59 PM
 #89

Taking a risk also taking you to the huge profits. If your guts were right, good for you. But we can not learn our lesson if we do not experience such loses. Crypto tradings are really risky, it is how we use some strategies to gain profits with this unstable market.

I guess the OP is willing to take the risk, However, it's not paying dividends because if he has invested in early 2018 then he had witnessed the longest bearish trend we have so far.

So now the best thing for his to do is just HODL, the market seems to recover and it's possible that at the end of the year, we might see 5 figures again, so just HODL on it.

of course he has understood the risks that will be faced, investing in cryptocurrency is indeed very high risk, but even so with the volatility of the market, of course many people who feel benefited from a situation like this

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wildey
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April 26, 2019, 05:49:35 PM
 #90

honestly I did something similar, but a little different. well, i really like collecting assets in the form of altcoins. but I exchanged it for bitcoin or eth to hold it. well, I might have more confidence in the potential of the two coins in terms of development issues, and the price.

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April 26, 2019, 09:08:59 PM
 #91

Taking a risk also taking you to the huge profits. If your guts were right, good for you. But we can not learn our lesson if we do not experience such loses. Crypto tradings are really risky, it is how we use some strategies to gain profits with this unstable market.

I guess the OP is willing to take the risk, However, it's not paying dividends because if he has invested in early 2018 then he had witnessed the longest bearish trend we have so far.

So now the best thing for his to do is just HODL, the market seems to recover and it's possible that at the end of the year, we might see 5 figures again, so just HODL on it.

of course he has understood the risks that will be faced, investing in cryptocurrency is indeed very high risk, but even so with the volatility of the market, of course many people who feel benefited from a situation like this
Being too very optimistic into particular things isn't really that bad as long you do aware on the possible consequences that you might faced later on
when the market turn out in your favor.Betting/Investing all in with bitcoin/crypto isn't really that suggested because it is pure speculative and we don't
even know on what would be the future lies ahead but for those who do have the balls to take the risk then go ahead.

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April 26, 2019, 09:22:09 PM
 #92

Well, you can't loose more than you invested, this number is fixed, so it's up to you with what amount of money to take the risk.
With possible profit it is a little bit harder, because it tatally can be endless. With crypto currencies such profit as +100% +200% became usual already, but I believe it's not the rekord yet and maximum can be unbelievable.

LOL I thought to say the same. He cannot loose the money than what he has for trading.

Then to make the profit you need to be choosy on selecting the best cryptocurrency which bump as well as fluctuate in the marketplace. This will give the more growth for your own trading portfolio.
I am not sure those percentage are really possible in trading may 20 percentage or 50 percent profit may be reasonable.

He may not lose more than he invested but he may lose time and opportunity since he poured it all in bitcoin. There are lots of good and profitable coins out there that could have earned him more if he just diversified his investments.
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April 26, 2019, 10:14:30 PM
 #93

He may not lose more than he invested but he may lose time and opportunity since he poured it all in bitcoin.
People haven't ever lost a penny hodling Bitcoin for the very long term (obviously assuming they don't sell at a loss). It may take a while to see paper losses turn in paper profits, but Bitcoin always has rewarded hodlers.

There are lots of good and profitable coins out there that could have earned him more if he just diversified his investments.
What you are saying is 'bet on several horses instead of one', but what horses to pick from the over 2000 available ones? Bitcoin provides solidity, while the majority of the altcoins tend to lose value over time.

Pick the coins with a very strong network effect. In my case the obvious nr1 is Bitcoin, where after that I also hodl Ethereum. Everything else is such a gamble because it's largely trash. Not at all worth it in my opinion.

BSV is not the real Bcash. Bcash is the real Bcash.
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April 26, 2019, 10:26:44 PM
 #94

"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.
When you spend the greater the amount of investment on Bitcoin, the profit becomes even bigger. But with that, the risk is very high if you make a mistake. Therefore you should have a reasonable plan when investing in Bitcoin at times will be profitable. So be calm and confident when you have enough knowledge about the crypto market.
The only best plan is to buy at red and sell at green, risk is actually earning if we will earn we will have to get thought this risk, it is important to have faith on what you are investing in, price will change with the passage of time, the more you spend your time the more you will learn so try to put all your effort in it and make sure you gain good knowledge about it before investing in a coin, I suggest you to invest in bitcoin.
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April 27, 2019, 04:26:31 AM
 #95

If you invested on bitcoin and want to make profits you have to wait for years,it may happens earlier if you are lucky but you are not going to lose any money by investing on bitcoins when you hold it for too long period.

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April 27, 2019, 04:59:50 AM
 #96

"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.
Success and failure always go together. Therefore, we throw all into Bitcoin also need to be alert and wise. I think you should follow the market if you trade in the short term. Because Altcoins evaporate with Bitcoin very quickly so you need to be careful when the market changes.
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April 27, 2019, 05:42:41 AM
 #97

"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.
When you spend the greater the amount of investment on Bitcoin, the profit becomes even bigger. But with that, the risk is very high if you make a mistake. Therefore you should have a reasonable plan when investing in Bitcoin at times will be profitable. So be calm and confident when you have enough knowledge about the crypto market.
Of course your profits will be far greater with that. but you're right, I think you have to be smarter in making plans for allocation funds, bet all in is not the right idea even though bitcoin is profitable for you, backup plans are very needed for investment dude, dont forget that..
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April 27, 2019, 06:55:05 AM
 #98

All kind of investments are risky and only those who accepts risk will have the big chance to succeed. To minimize risk, prepare your own plan and strategy for your investment. Don't let failure stops you, it's only temporary and you will learn a lot of it. Crypyptocurrencies like bitcoin are always risky, you should know the behavior of the coins first, including the whole market before investing your money.

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April 27, 2019, 07:14:58 AM
 #99

You can always try on experimenting with just small amounts or if you are playing with huge bankrol you need to have a certain point of lose that you want to take.Yeah trading comes with a risk but that risk can make you win big or lose all depends on how  you play with it

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April 27, 2019, 09:45:08 AM
 #100

If you invested on bitcoin and want to make profits you have to wait for years,it may happens earlier if you are lucky but you are not going to lose any money by investing on bitcoins when you hold it for too long period.
Investing in the Bitcoin for long term, like 10 years+, is kinda no-brainer thing for me. I believe that crypto will thrive in the future so buy now and keep it safe and just forget about it is sounds a good plan
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