star99
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November 16, 2019, 07:25:18 PM |
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Experts suggest that people should not invest more than 10 % of their saving on Crypto.
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imstillthebest
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November 16, 2019, 07:33:16 PM |
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Experts suggest that people should not invest more than 10 % of their saving on Crypto.
not true at all . i dont believe on them but i believe more on the saying that invest only what you can afford to loose . every people have thier own capacity when it comes to investing and that would depend on how rich or poor they are . if your rich , you can afford 10 percent or more but if your poor you can only afford lower than that . btc investment is risky but btc is a better choice than other cryptos .
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enhu
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November 16, 2019, 07:56:35 PM |
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10% is more than enough as investment saving from your monthly salary. It doesn't matter as long as you have put something for the future after all this is crypto. What Didi did is risk but he was lucky to have joined the community early and I don't think he put all his eggs in one basket. He must have invested some other coins not just BTC.
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the rise
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November 16, 2019, 08:18:53 PM |
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experience will determine your decision to add a number of bitcoin assets. I mean if bitcoin is already in mega bullish condition, then you can determine concrete steps, the most important thing is to understand the trend. the best at this time is the addition of small assets until everything seems clear, and be sure to tighten a lot of things related to securing assets, all can still be taken into account when you know it.
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cotton ball
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November 16, 2019, 09:56:19 PM |
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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."
Before you will be able to understand this statement " Dont put all your eggs in one basket." , you should first understand the principles of investing. Every great and successful investors first understood the principles governing investment before they started investing. Knowledge and understanding are the core principles of every investment. Without knowledge, you can not understand how the thing you are investing in works and the risks associated with it. This apply to bitcoin investment. Without knowledge on the bitcoin market, you might lose your investment capital even if you split the capital into parts. Knowledge about the bitcoin market will help you as an investor to understand some basic aspect of bitcoin investment which will help you to avoid some unnecessary mistakes. Don't put your eggs in one basket do not mean you have use your all money for investing with many altcoin, you can hold or invest with potential crypto for the future have higher price like bitcoin, don't worry although you put your money with bitcoin only because you can get much profit later, with many altcoin investing give big risk because altcoin is not exist any more.
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hahay
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November 16, 2019, 10:26:03 PM |
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Putting all your money into bitcoin I don't think is a bad idea, because it's about self-confidence and those who suggest it because they are sure about the future of bitcoin itself is able to adapt better. So when you are not sure about the future of crypto, don't try to bet to invest in bitcoin because anyway, crypto and blockchain technology have been widely accepted in the world which means crypto is able to adapt better and will continue to grow because the legality of crypto itself has increased more large.
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michellee
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November 17, 2019, 05:20:30 AM |
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Money investment can be found in various forms, One of them is cryptocurrency. And it must be understood before investing in cryptocurrencies, that investment in cryptocurrencies is full of risk, If you expect instant wealth it's impossible, I agree if the investment must be in several places or types to avoid big losses. So before investing must prioritize knowledge so that investments are given right on target.
the main thing is enough knowledge to get started, if you don't have the knowledge every investment can be dangerous. and crypto has a high level of investment risk, so it's good to know the concept of investing in crypto before you start. because what's at stake is the funds you have As long as we can deal with the risk, we don't have a problem to invest in crypto. But yes, before we invest in crypto, we need to learn the basics of investing in crypto, so we don't panic if the price is down because, in crypto, the price is volatile. If you decide to invest in bitcoin, you should know that bitcoin will make a big profit in the future so if the price is down, you can buy more bitcoin and don't panic because the bitcoin price will be increased soon. Maybe you need to wait for a long time to make a profit, but that is worth your time to wait.
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henmark
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November 17, 2019, 06:44:31 AM |
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It is stupidity to see such advice and also follow the advice when they are not kids because I believe that anyone that have started earning from a job is no longer a kid. When we talk about diversifying, diversifying does not mean that we should only make cryptocurrency the main focus of investment alone and it will not be wise to be taking all the savings that we are getting from our physical jobs or assets into bitcoin alone.
There is still many more investment other than bitcoin that we can put our money into. Bitcoin is a very good investment, but we also need to understand how volatile it is and we should be careful the way we pump our money into it. As regards investment for bitcoin, it is bets that we just only separate a little portion of our income every month to be saving into the bitcoin wallet and not everything that we get.
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piebeyb
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Bitcoin Trader
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November 17, 2019, 09:13:07 AM |
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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.
that's why I always explain that everyone wants to invest in bitcoin think again, because all of this is risky, so look for an advisor who is experienced in bitcoin so when investing really right at the right time and not at the wrong time sometimes people come when bitcoin prices skyrocket and they sell all their assets to buy it is clearly wrong, because they invest at the wrong time, so make sure to always remind investment in bitcoin has risks so understand and learn to find the right time to buy , that is easy
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Trade on the go. Anywhere, anytime.
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inanilujimi
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November 17, 2019, 09:34:13 AM |
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investing in crypto is not the same as real estate which is always increasing every year, but with crypto even though the funds are small, you can invest and get the results in the crypto world. bitcoin investments have risks so if you don't want to accept the risk please choose the investment you want. nothing forces you to enter the market unless you realize an opportunity is here.
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stepwilli
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November 18, 2019, 07:25:29 PM |
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I had actually known about bitcoin investment for so long but I did not get to participate fully in it until it was $4000 when I saw how it was progressing, so luckily for me, I had about $20000 dollars for investment, then which me about 5 bitcoin, which I had even made up my mind then that I was not going to touch it until one bitcoin is equal to 20 us dollars which I never expected to be possible until maybe like in 5 years’ time, but to my greatest surprise, just few months to my investment was when bitcoin started rising drastically which we all called bull run and I removed my money around $15000 giving me a profit of 11k each and that is 55k USD profit in return for bitcoin but run.
Other profits that I have made is from the Altcoin you don’t want discussed and profits from trading which I cannot remember how much I have made now.
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barbara44
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November 18, 2019, 08:01:27 PM |
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10% is more than enough as investment saving from your monthly salary. It doesn't matter as long as you have put something for the future after all this is crypto. What Didi did is risk but he was lucky to have joined the community early and I don't think he put all his eggs in one basket. He must have invested some other coins not just BTC.
Even if he had made all his investment in bitcoin, I don’t think that it would have been a mistake, all the investment that we have in altcoins, tell me where all of them are not, they are nowhere to be found and all the investment are so low that we cannot even remove other than hoping that one day, altcoin season will start and we will be able to get those investment back which to me is just a waste of time. Because normally, all these altcoins where never supposed to be established in the first place, and only bitcoin and some of these few top altcoins are meant to stand, so if it was me, I would have focused on having bitcoin alone as the major investment, and the only stupid thing I will not just do is to put all my monthly income in it at once.
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Asuspawer09
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November 19, 2019, 04:51:47 AM |
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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.
Probably going all-in is bitcoin was not a good idea for someone not but in everyone sometimes you could get lucky like other people who invested in bitcoin. And then after a long investment sell the bitcoin in almost 20k$ value but still just like what I say sometimes you could get lucky and sometimes not you could easily lose a big amount of money in bitcoin due to bitcoin market price volatility the market price today is going up and down so quickly so I could say it could still be a good investment for a lot of people and ether way just buy low and sell it in a higher value to avoid the risk of losing profit, stay loyal.
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Ridwan Fauzi
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November 19, 2019, 11:19:54 AM |
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The term of 'don't put all your eggs in one basket is just a watchword, in fact it depends on your conviction to the something (on this case is bitcoin). You can ignore that term and believe to the conviction that you have, I think it is pair enough. Indeed, we don't know what will happen in the future, but at least we still have our own prediction which is mean we can make the prediction about the place and see its function in the future, moreover in the case of technology.
For an example, have you believe that the internet is something that will be needed by all human on this world when it was created? But I'll guess you won't believe it because at that time you will believe to the something real which can be felt as soon as possible. So, this what was thought by someone who spent all his money to bitcoin. I think for the first time he will see to the technology first before they know about bitcoin as a whole. After that, they will find about its function and made a supposition about it.
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dominional
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November 19, 2019, 12:14:48 PM |
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it is very good to invest in bitcoin but it will not be too good to invest all your source of income into bitcoin
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▐▃ CRYPTOECONOMIC ECOSYSTEM ON A CLOUD STORAGE NETWORK ▃
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Lecam
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November 19, 2019, 12:35:45 PM |
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Bitcoin is a good investment right now because i know many people are change there life because of bitcoin. And bitcoin are very good for investment to those have money i think put some in bitcoin then hold it for a long term investment. To those early bird that invest in bitcoin, now they are become millionaire because they hold there bitcoin for a long run.
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YOSHIE
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November 19, 2019, 12:48:21 PM |
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Dont put all your eggs in one basket."
did not think to do that. I have been investing in Bitcoin since a few years ago, but I have my own method in investing long and short term. Much can be done before laying eggs on one bed. To make a big profit, what's the rush in taking one action, a lot has to be learned and analyzed entering 2020, especially regarding Bitcoin.
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R |
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Jacob Ferlong
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November 19, 2019, 02:46:33 PM |
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Bitcoin is a good investment right now because i know many people are change there life because of bitcoin. And bitcoin are very good for investment to those have money i think put some in bitcoin then hold it for a long term investment. To those early bird that invest in bitcoin, now they are become millionaire because they hold there bitcoin for a long run.
I am not sure about that. Bitcoin can be replaced by another coin, technology or value. Since 2017 BTC does not do much progress as far as I see.
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davinchi
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November 19, 2019, 08:10:04 PM |
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--snip
that's why I always explain that everyone wants to invest in bitcoin think again, because all of this is risky, so look for an advisor who is experienced in bitcoin so when investing really right at the right time and not at the wrong time sometimes people come when bitcoin prices skyrocket and they sell all their assets to buy it is clearly wrong, because they invest at the wrong time, so make sure to always remind investment in bitcoin has risks so understand and learn to find the right time to buy , that is easy I didn't think that it is necessary to seek any opinion in investing in bitcoin when the adviser that you said too cannot tell exactly what is going to happen to bitcoin at a particular time, so the best is for the individual to learn by itself everything about cryptocurrency and understand that it is highly a volatile market that can rise and fall, at any time, and the best time to buy any of it is when the bitcoin value is down which is very simple to tell, Provided that anyone can actually spot the time that bitcoin has dip which I don't think that they need the advice of any expert to do so, they will be having a less risky investment and for now that bitcoin value is still very low, I don't think any investment that is being done right now will have any risk.
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calebwa
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November 19, 2019, 08:21:53 PM |
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Hi, I think bitcoin will growup by december, because your know holidays, and all will sell their lode) But according to this bitcoin analysis price will be lower and lower(
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