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Author Topic: I bet it all in bitcoin?  (Read 2704 times)
mornabo
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May 01, 2019, 12:54:29 PM
 #121

only stupid people do all in, they believe too much that everything will go according to what they want? whereas in the market prices can go up and down, and that is a sure risk of a crypto market. if the price falls, of course it is an opportunity for investors who still keep money (backup funds), you dont should use all your money at once dude!

Still depend on what that "all in" meant. It is stupid when it meant that you're fully diving yourself along with your assets in crypto. Why would anyone do that in the first place? Profit could multiply in an unimaginable numbers, but nobody got that kind of guts to even risk their land for that kind of gambling. All in could also mean that they're committing their capital fully in the market. Like from the numbers of coins existing in the market, they're committing it into one, which I think is in Bitcoin (as what the OP seems to point out). It's nothing different to going all in at poker, you lose, you win or it is gonna call splits.
of course no one has the courage to use all their wealth. as the OP said that he only uses all his investment capital for bitcoin. and in my opinion it's not a good idea. whatever the choice of investment, using all your capital for just one asset is not a good thing. you have to split your capital into several other assets and don't forget to backup funds
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May 01, 2019, 01:02:56 PM
 #122

For me it is good to invest your money from bitcoin because bitcoin for me is the safety way to earn money because it can gain a huge money from other altcoins.
for now, I don't have a lot of BTC, it's just that it might be good enough to have it in the future. well, the potential price of bitcoin is indeed very big to be higher, so I think when the assets you have you save in the form of bitcoin, it will be quite profitable.

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May 01, 2019, 01:51:34 PM
 #123

For me it is good to invest your money from bitcoin because bitcoin for me is the safety way to earn money because it can gain a huge money from other altcoins.
for now, I don't have a lot of BTC, it's just that it might be good enough to have it in the future. well, the potential price of bitcoin is indeed very big to be higher, so I think when the assets you have you save in the form of bitcoin, it will be quite profitable.

See dude,  before taking any crucial steps you need to understand how volatile Bitcoin is.
It will be really a fool deed if you directly invest your all money in bitcoins without thinking of the future.
I am not saying that your decision is bad,  but you should take the decision at correct time.
Like If you really want to invest in Bitcoin then  i can suggest you to do that only when the market cap is high.
Rest is up to you. Good luck dude.

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Siren
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May 01, 2019, 02:32:01 PM
 #124

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.
Ofcourse still diversification is one good move for investing.

I am a bitcoin believer and i trust what this coin can bring,but assuring our future is different from trusting s we always need to have second option,in diversifying you will have alot of options because we hold alot of coins as well

So never invest in single coins or token specially if you are willingl hold longer
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May 01, 2019, 03:06:33 PM
 #125

If you want big profits, you should accept big risk. Both choices can be and unfortunately, it is impossible to know which one will happen. I think it is better to try as you can risk, otherwise you may lose all your money. ''Greed is good, but when the time comes.''
Perfectly correct crypto or any investment schmme always expect the risk because there nothing easy to get in this time focus quality time hardwork are the b st to get earn.
A portion of return is always followed by the same amount of risk. So, the more return you are expecting, the more risk you are actually taking. If you decide to take high risk just because you want a high return but you don't have enough knowledge about that, then you are in a very wrong way.

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May 01, 2019, 04:32:17 PM
 #126

I think It's one of the most worst decision to put your all funds into one single coin.
Cause by this you may lose your all funds. You should invest into minimum three or four coins.

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May 01, 2019, 05:33:50 PM
 #127

"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.
taking chances and always important in sky and I agree and appreciate your because this will be like your chest move ever in this cryptocurrency field so taking the chances to be successful will not be in our hands but if it is happened we will be the successful person in crypto market.

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May 01, 2019, 06:05:20 PM
 #128

"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.
taking chances and always important in sky and I agree and appreciate your because this will be like your chest move ever in this cryptocurrency field so taking the chances to be successful will not be in our hands but if it is happened we will be the successful person in crypto market.
Everything do really need to risk up if you do like on possibly to be rewarded but you should know how to limit yourself if you dont like to be wrecked up when the market goes against you.
Betting all into something is always been risky but if you can handle it out then it shouldnt really matter at all but you should be aware on the possible risk that lies ahead.
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May 01, 2019, 07:20:59 PM
 #129

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

Yes, this strategy does not work anymore. Now, when Bitcoin is expensive, it may not grow so greatly like years ago. It will be better to invest in different altcoins and trade them.
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May 02, 2019, 12:25:37 AM
 #130

For me, it is not that bad compared to people who bet much more on shitcoins or some of the good projects in the top 10 or 30. But be careful on betting all because if you mean that your whole money they I discourage that but if you mean is that your whole port is only on bitcoin that you have high chances of becoming rich.
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May 02, 2019, 09:55:11 AM
 #131

I think it is not as bad as some people make it to be. After all its a guaranteed increase, bitcoin is the number one coin and maybe others could go up a lot higher but after all bitcoin will go up when others are going up and bitcoin goes down when others go down which means bitcoin is just a pure guaranteed result.

Of course investing into other stuff is good as well but when its out of crypto, so if you invest into bitcoin and than gold than that is understandable, one may go down while other goes up and you wouldn't as hurt but getting like some altcoin as well as bitcoin doesn't make sense other than risking more for bigger reward. I only have bitcoin and ethereum and I am even thinking about getting rid of ethereum as well so I may turn to only bitcoin investor too.
Like how can you defy the concept of diversification? It is not possible to make guaranteed profits in Bitcoin If you invest in all your money. I do agree that this is the future of currency but in addition to all the benefits, there is big risk and I think that no one should invest in all his money in a single coin. There should be many coins in your portfolio that would minimize the rise of loosing value.
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May 02, 2019, 07:09:56 PM
 #132

For me it is good to invest your money from bitcoin because bitcoin for me is the safety way to earn money because it can gain a huge money from other altcoins.

It will be better if you invest money in different cryptocurrencies. Although Bitcoin is the number one, it may grow not as fast as some cheap tokens. Think over altcoins, which can pump in 2019.
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May 02, 2019, 07:17:42 PM
 #133

For me it is good to invest your money from bitcoin because bitcoin for me is the safety way to earn money because it can gain a huge money from other altcoins.

It will be better if you invest money in different cryptocurrencies. Although Bitcoin is the number one, it may grow not as fast as some cheap tokens. Think over altcoins, which can pump in 2019.
If you are thinking of a much safer side then proceed investing with Bitcoin, it's hard to predict those Alts around, unlike Bitcoin where been used as the main basis of this market, when the bull comes it's way for sure the value of your investment will grow to the point that you will really love.
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May 02, 2019, 07:35:33 PM
 #134

For me it is good to invest your money from bitcoin because bitcoin for me is the safety way to earn money because it can gain a huge money from other altcoins.
Nothing is that certain in this crypto industry that the opposite can't happen. So, it's always (always) advisable not to risk what one can't afford to lose. Don't put all your eggs in one basket. Spread out your investments in different industries - stocks, Forex trading, offline businesses. It mustn't be either Bitcoin or altcoins. I am sure those who invested heavily in cryptocurrency in late 2017 will agree with me on this.
I agree with all your advice and it makes perfect sense when we generally advise people on economics matter, but in this space, we strictly deal with cryptocurrency and nothing more, so in crypto space that we are concerned with, the best coin to ever rely on is still Bitcoin.

An investors might decide to look into other industries like the listed ones in your write-up, that is not much of our own business here, but I agree with you that it will be unwise to keep all crypto investment in one coin because of the uncertainties, so the need to diversify, but when diversifying, BTC should form the major percentage of one’s holding.
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May 02, 2019, 10:08:00 PM
 #135

You only have to invest what you are willing to lose
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May 02, 2019, 10:32:23 PM
 #136

Investing on crypto are so risky but on the other hand, risky is more profitable and in crypto it is a big chance  to succeed if you have a strategy and plan for your future investment. If you fail, don’t stop, its not permanent and you can learn from it.

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May 02, 2019, 11:22:57 PM
 #137

Every investment has it own risk and cryptocurrency is one of the riskiest. But the higher the risk, the greater is the gain and this apply only to those who know how to manage risk in their investment. In buying a coin, I prefer to diversify instead of buying only a single coin. Bitcoin is really profitable and you can gain a lot of profits from it but having another coin will increase your chance of earning. There are many profitable altcoins in the market and you only need to research them to find the right one to buy.
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May 03, 2019, 11:38:48 AM
 #138

For me it is good to invest your money from bitcoin because bitcoin for me is the safety way to earn money because it can gain a huge money from other altcoins.
I have great love for Bitcoin and know its potential and the benefits it can offer. In addition, the projects competency cannot be questioned but the monetary economists who make policies know that a persons investment could be hurt due to one or another policy that is the reason it is advised to diversify investments. If you put in all your money in the same coin, a crash could make you suffer a lot.
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May 05, 2019, 08:18:29 PM
 #139

Bitcoin has been quite stable in the past several months and it's looking so far. But still, only invest what you can afford to lose, buddy. I wouldn't go as far as going all-in with all my money. It's not even possible, bitcoin, more often that not, considered a long-term investment. I mean, what will you use for your everyday needs? Diversifying your portfolio is always the best way to go. As for me, I would never take a leap of faith with the less established coins; that way, losses could be stopped or even be prevented.
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May 09, 2019, 02:25:58 PM
 #140

For me it is good to invest your money from bitcoin because bitcoin for me is the safety way to earn money because it can gain a huge money from other altcoins.
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