Bitcoin investment

[pawanjain]

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility?  I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

Agree with your point. I don't know much about Didi Taihuttu but the thing to be considered here is that he did not sell all his coins when the market dumped to $100 from $1000. So determination and belief should be must when you are investing in a particular asset.

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[veleten]

as in every aspect of your day to day life - use your brain
investing in bitcoin is similar to investing in any asset , only bitcoin is way more volatile and this could mean either big profit
or a substantial loss if you enter the market at the wrong time or decide to sell on the low
people tend to hear that buying bitcoin is "trendy" and they hear stories like OP posted about a guy who sold everything and his dog to buy bitcoins and became rich
then , without doing any research , they succumb to the almighty FOMO and buy something they have a very vague idea about
after a while , the price drops and shows no sign of recovery , they get discouraged and sad and sell low and now bitcoin is a pyramid and a scam to them
do not be one of those, use your brains and common sense , do research and buy bitcoin with the money you can afford to invest or spend

[Edraket31]

People are interested in investing in bitcoin or altcoin because they hope to get a lot of benefits. Craving a lot of profit through investing is not wrong, but an investor must have a portfolio before they really want to invest large amounts. Bitcoin investments allow people to get bigger profits, but putting all the money here will only make us bet with high market volatility. Not many people do it now, because people already understand this investment.

People has been interested in investing not because there's a lot of benefits but with the fact that they wanted to earn quick profit in just short period of time, because of the hype that has been made during the last bull run. Still, people has a freedom to choose if they prefer investing without proper investigation then it will be up to them, we all know that there is a consequence in our every actions, if we let ourselves just doing hype then let's also bare the negative impact.

[Meowth05]

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility?  I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

It is true that we shouldn't put all of our eggs in one basket because there's a chance for it to lose it all in instant. It is true indeed that the future of cryptocurrency is vague yet risky, however, if you don't take any risk there will be no change will happen.
Giving such advice is not bad I'd say even take some random thoughts by others because this could serve only as a guide, besides its up to yourself if you will take the opinion or not. I haven't seen anything wrong about folks that are likely to share their opinion and experiences because this could be an inspiration for others to build up their own story.

[wildan88]

People are interested in investing in bitcoin or altcoin because they hope to get a lot of benefits. Craving a lot of profit through investing is not wrong, but an investor must have a portfolio before they really want to invest large amounts. Bitcoin investments allow people to get bigger profits, but putting all the money here will only make us bet with high market volatility. Not many people do it now, because people already understand this investment.

People has been interested in investing not because there's a lot of benefits but with the fact that they wanted to earn quick profit in just short period of time, because of the hype that has been made during the last bull run. Still, people has a freedom to choose if they prefer investing without proper investigation then it will be up to them, we all know that there is a consequence in our every actions, if we let ourselves just doing hype then let's also bare the negative impact.

both are true, I am also interested because I want to get a lot of profits in a fast time, and as long this time when I trade, it is quite bad, because I put it in one basket.
fluctuations from cryptocurrency if we are smart to use it, we can actually get big profits, but on the contrary, if you can't can it, it could backfire a big defeat.

[Thecryptocurrency09]

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility?  I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

In the past years, I do cryptocurrency posting in forums like this and earn a good amount of money and today I just go back here in the forum to post. Until today I don't sell my bitcoin, to be honest, I totally forget the bitcoin that I earn luckily the bitcoin market price today was so pump even I don't have a good investment it still has a good profit for years. I think even until now we can already see the fact that bitcoin is becoming better and better in many ways not just in market price and also the community is getting bigger,also the bitcoin is becoming more popular in a lot of countries that surely affects the popularity of bitcoin making it a good currency and also a good assets.

[Tipstar]

Putting all your money in a single thing is the most stupid thing to do. As an investor, if you are investing in crypto, invest also in stocks. Real estate investment could also be a good investment for some parts of world. Even when investing on crypto, you should diversify your investment on at least 5 different coins and hold most of them in the wallet you hold the key of.

[alisonwonder]

Putting all your money in a single thing is the most stupid thing to do. As an investor, if you are investing in crypto, invest also in stocks. Real estate investment could also be a good investment for some parts of world. Even when investing on crypto, you should diversify your investment on at least 5 different coins and hold most of them in the wallet you hold the key of.

what about limited capital? I usually only put it in one basket because of limited capital. but as much as possible I chose the good investment.

[Youghoor]

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility?  I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

Investing in Bitcoin is like any other investment.  You just need to understand the principles of investment and the crypto market before you can be very successful investing in Bitcoin and you also don't need to listening to all kinda advice people give about investing in Bitcoin. Knowledge and understanding are the key elements to become very successful with Bitcoin investment.

[goaldigger]

Putting all your money in a single thing is the most stupid thing to do. As an investor, if you are investing in crypto, invest also in stocks. Real estate investment could also be a good investment for some parts of world. Even when investing on crypto, you should diversify your investment on at least 5 different coins and hold most of them in the wallet you hold the key of.

what about limited capital? I usually only put it in one basket because of limited capital. but as much as possible I chose the good investment.

You’re still good mate and diversification doesn’t works to everyone. If you have limited capital then you must put it on the best investment, you’re doing good and in the future if you have more funds to invest make sure to start diversification. Putting on one basket is too risky, but there’s an exemption for that and we must not over diversified to gain more profit.   

[bitcoinsocial09]

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility?  I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

I heard about that exciting story of Didi who sold even his house so that he can buy all the Bitcoin he can. The timing was so right for him and I am sure he got all the riches that he dreamed of. What he did is gambling because we know that Bitcoin can be so volatile and though we are hoping the best we should also be prepared for the worst. Based on common sense, putting one's eggs in just one basket can be a formula for disaster in case something wrong can happen but if things turned to be right then an avalanche of blessings can occur. This must be the mindset of a gambler which we are always discouraging. Of course, since it is not our money anyway we can only caution anyone but ultimately this is the decision of the person owning the money whatever path he would like to pursue. And if you ask me, between gambling in an online casino or Bitcoin I would surely go with the latter. 

I think bitcoin as of today because the price of the bitcoin was so volatile it is still one of the best investments in cryptocurrency. I just opened my bitcoin in the past week and i still have a few bitcoins that profit I buy bitcoin last year and even it is not a very high volume it still profit I think surely in long term investment bitcoin was a good investment no other than i think the bitcoin market price surely pumps in the market as the community of cryptocurrency is getting bigger meaning a lot of people is investing also in the bitcoin market making the supply to go down and increase also increases its demand in the market because of a lot of users in the community also as it is used in a lot of transaction and as a payment option a lot of people starting to recognized it also.

[ragavancoin]

Almost every one thinks and  expect to get large amounts of profit in Bitcoin investment. If we get profit in bitcoin investments good news and all will crave for investment. But it is not good because i personally experienced loss in bitcoin investment.

So guys i  personally suggest that before investing any large amount in crypto currency you have done some research about what is safest way and when you have to invest.

[teosanru]

I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. What if someone enters in crypto with all what he got and loses due to some volatility?  I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

There are two aspects of this thing. He would have looked like an idiot if bitcoin would have been somewhere less than $1000 as he would have felt himself as broke. Thing is even if someone takes an entry at $10k and price reaches 20k you are one of those people who have got profit out of the market and you are a guru.
Coming to the second part you should never invest in something which you can't afford to lose. Especially in such a volatile investment. We all say don't put all your eggs in one basket. But I would say don't keep all your eggs jn any any basket. Only keep 60-70% eggs at once and hold the rest in liquidable securities with zero risk.

[bitzizzix]

This is a form of greed that can not be controlled and ambitious just to get big profits without thinking about the risks to be faced, it is a very rash decision and must be mentally strong because the risk that will be faced between getting a big loss or big profit.
to act like that must have a high level of expertise and be prepared to face losses.

[Gotumoot]

I do not teach my friends in crypto to invest all their hard-earned money and property just to make a big profit, this is called gambling for me. Because the only people who do this are people who addicted in gambling and enter into risky gambling with only luck and no strategy and knowledge to win.

[Baby Dragon]

This is a form of greed that can not be controlled and ambitious just to get big profits without thinking about the risks to be faced, it is a very rash decision and must be mentally strong because the risk that will be faced between getting a big loss or big profit.
to act like that must have a high level of expertise and be prepared to face losses.

Wise men knows how to handled their investments, it's not because someone tell you so, you will do it. It's good that they will listen to others but they have their own mind to decide and putting all in crypto is indeed not a good decision as market is too volatile, we should create our own basis when we make decisions not just because someone told us to do so.

Indeed, it actually depends on the person itself because investing is not easy as you think it is. Just like any other things, it also require some of your effort and time. You can't also expect to earn profit without even experiencing losing some money, there will a time that you will experience what other people had faced before and it will help you to build  your wiser self. It depends on you if you are going to take your mistakes as a lesson so you won't end up experiencing it all over again and feel remorse after that incident. As long as you have enough understanding about the possible things that may happen and you don't disregards the opinions and thoughts of other people then I think you are capable on handling problems very well because you know that sometimes their opinion can open your mind for new learning and make you realize the things that you need to do. 

[diazepam666]

People are interested in investing in bitcoin or altcoin because they hope to get a lot of benefits. Craving a lot of profit through investing is not wrong, but an investor must have a portfolio before they really want to invest large amounts. Bitcoin investments allow people to get bigger profits, but putting all the money here will only make us bet with high market volatility. Not many people do it now, because people already understand this investment.

Now the complete market is dull and I don't know whom you find that people have interest over the cryptocurrencies now. There are very few people in the market and they doesn't show the interest and investment on ICO.

Then rarely good projects coming as well as market booming also not falling now.

[henmark]

You already said it all -- you should not invest all your money in one basket or if it breaks all the eggs you have in that basket is going to break. Investing in Bitcoin is not a must, there are other businesses that are far much better than investing in bitcoin.

Yes, there are people who invest in Bitcoin and it works out for them and there are still people that will invest and end up losers, yes I have seen a lot of them, although you never get to hear their story, because all you hear is the story of those few that luckily made millions of dollars from bitcoin. You don't hear those that lost everything, including those that lost during the bull run. So, before you invest in any business you should first of all know whether it's going to work out for you, take time out and learn about it. Don't do things just because others are doing it, it might not work for you.

[Ayiranorea]

People are interested in investing in bitcoin or altcoin because they hope to get a lot of benefits. Craving a lot of profit through investing is not wrong, but an investor must have a portfolio before they really want to invest large amounts. Bitcoin investments allow people to get bigger profits, but putting all the money here will only make us bet with high market volatility. Not many people do it now, because people already understand this investment.

Now the complete market is dull and I don't know whom you find that people have interest over the cryptocurrencies now. There are very few people in the market and they doesn't show the interest and investment on ICO.

Then rarely good projects coming as well as market booming also not falling now.

The market looks quite crappy without much of leveled growth. From my knowledge this is the time the traders with huge funds get Good earning through the difference between the buying and selling. There will be good differences achieved between the buying and selling within days. All thing necessary is the patience to hold and sell at the right instance without expecting much big profit out of the trade.

[airdnasxela]

If people want something where they can invest money, bitcoin is a good option. However, since it's volatile and here in crypto, it's always a risk, it's really better to invest some on crypto, bitcoin or altcoins, and remain something for fiat. I think that's the smartest way, separating your asset so if you lose the other, you still have the other. But actually, they can invest everything on bitcoin if they want to, it's a big risk but if it gains, it's a huge amount. It depends on a person afterall.