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Author Topic: With all your assets, Investing in Bitcoin is really a madness or beneficial ?  (Read 1031 times)
Nutrient
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September 17, 2021, 05:31:16 AM
 #121

Selling all your assets to invest in Bitcoin? Then you’re not applying proper risk management. Of course you can make a whole lot of profit when it goes up but what happens when it drops immediately after you use all your assets to buy it? Good advise: Invest what you can afford to lose. Don’t just put all your assets in one place, diversify.
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September 17, 2021, 02:51:58 PM
 #122

both can happen, namely the risk as well as the benefits. all that we will get depending on how we invest in it. It should be underlined that selling all assets owned to invest is a big risk. many people are greedy and also want to make a quick profit, even though many are not too familiar with bitcoin investment. bitcoin can be crazy for people who really can't follow the flow of the crypto market, too hasty and reckless are some of the reasons someone experiences losses.

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September 17, 2021, 03:01:21 PM
 #123

both can happen, namely the risk as well as the benefits. all that we will get depending on how we invest in it. It should be underlined that selling all assets owned to invest is a big risk. many people are greedy and also want to make a quick profit, even though many are not too familiar with bitcoin investment. bitcoin can be crazy for people who really can't follow the flow of the crypto market, too hasty and reckless are some of the reasons someone experiences losses.
Some did that, it was a big sacrifice on their side but look, they multiplied their finds more than twice during Bullrun. That certainly be madness but the results are good and not regretful. Maybe if they sell all their assets and put them into the wrong investment, that certainly sounds crazy but as they invest into the thing that really has the proven positive results, it all be the right decision had made. That is totally a risky decision but it was the willingness, ain't that a problem anymore. Perhaps, these people had trust towards Bitcoin and so they did this.

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September 17, 2021, 10:07:53 PM
 #124

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !


I believe in trading and i also believe in bitcoin and also believe that i can gain a lot with bitcoin but I will not invest all of my asset with it because i am not that good when it comes to trading. Maybe i will just invest a part of my asset but not to the last part of it.

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September 17, 2021, 11:23:43 PM
 #125

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !

The details on the family and their crypto journey is just too sketchy to draw any conclusion. On the other hand, if you read through several posts in this forum, you will find the answer to your question. There's more buying, trading bitcoin than meets the eye. One needs to develop both soft skills and hard skills to survive in the cryptocurrency space. You need a special kind of skill which is to learn from the mistakes of others so you don't become a statistic. 

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September 17, 2021, 11:34:03 PM
 #126

We usually think about risk when it comes to investment and think about selling all the assets for this sake, I can't really imagine that thing but to wonder why some actually doing this. That it looks madness but somehow, they get what they want and know that investing in Bitcoin is profiting and these people had taken the high risk more than the others can do.
This is just like committing a loan, it is all the same and I don't stop them if that only the purpose unless if they use it for gambling. But as they wanted to grow their money more through investing, that seems a good idea IMO.



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Rainbot
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September 18, 2021, 06:07:23 AM
 #127

Bitcoin is a profitable cryptocurrency. Although you can get a lot of profits by investing in bitcoin, there are great risks in investing all your funds in bitcoin. The crypto market is very unstable. The price of bitcoin fluctuates greatly. When the price drops, the invested capital will lose money. At this time, it is also vulnerable to the influence of market sentiment to make wrong decisions. So don't use all the funds to invest in bitcoin.
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September 18, 2021, 07:03:29 AM
 #128

Money is not the most important thing in my life, it is not my main concern. I am just looking for happy life, but I still need money. I don't invest all of my money in bitcoin but I just invest some of it. For me it is enough because I can earn more than 100% profit every 3-6 month, I think it still okay. I want to build my own company, so I can contribute to the country economy.

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September 18, 2021, 07:59:43 AM
 #129

I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !


You can start with small investment as it is the best way and it is implemented by many. Taking oine step at a time is what I believe. Invest and then analyse, observe your investment. Talking about bitcoin we dont know what will happen in the future. It is afterall a digital currency. It is not developed by the governing body of any country as far as I am aware.
<a href="https://qfinancialadvisors.com/can-bitcoin-reach-one-million-updates/">Bitcoin</a>
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September 18, 2021, 09:27:30 AM
 #130

 It was great that the family earned huge profits and took that amount of risk. However, I think that investing all your assets in one basket isn’t that much of a great idea, since if by chance you face loss then all your assets will be finished in one go.
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September 18, 2021, 11:20:19 AM
 #131

I call it gambling. many categories such as stocks, gold, real estate, Bitcoin, investment for relationships, investment for self and consumption for family.
That's the wise use of money. Using all assets to go into Bitcoin is not a very good option. Using it for self-investment and relationships can help you make more money. That will always be a smart investment.
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September 18, 2021, 11:54:33 AM
 #132

I invested money coz I know that it was beneficial and I really get some since the day I put my money in here. But never in my mind that I put everything I have in investment, no, that certainly madness and I think it was a wrong decision been made. People should know the risk we have in investing in crypto and since not all had success, we can't be sure as well that we can make ourselves then.

So, before investing we are already aware of the consequences that we might get from here. If that you feel it was beneficial, then just take but if you are not sure, you'll supposed not to try otherwise.

R


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savetheFORUM
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September 18, 2021, 05:58:30 PM
 #133

The right decision must be made in order for this move to be beneficial. While it is true that anything is possible to happen with all assets being invested to Bitcoin, I think that it is a bold move but would prefer to just have a portion of those assets to be invested and diversify the rest. I think that this could be beneficial especially if the timing of entrance to the market in right.
Person with normal mind will never do this as he put all his money in one place because surely it's big gamble, and he could be on road if something serious happen to him mostly peoples invest just half or 1/3 of their investment even it's very profitable because all investments risky, and you must be prepared to be poor.

Let's think about bitcoin time has proven price increase year by year its popularity is increased but still we need some good patience. Bitcoin investment can be started any time as long as we have money to invest and can afford to lost.
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September 18, 2021, 10:16:29 PM
 #134

invest by investing all assets in crypto I think it's crazy, even though I get 100x profit, I personally think more deeply, because bitcoin doesn't always go up there will definitely be a correction and maybe the movement will go up slowly,
invest properly and as much as you can, because greed will lead you to the gates of financial ruin

.SUGAR.
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September 18, 2021, 11:01:18 PM
 #135

sometimes taking risk depends on your level of conviction, i feel thats why these people can go this extra mile and do the seemingly impossible. its not a must to start from their level, you can start little and grow your holding but never invest what you cant afford to lose most especially because you might not be able to wait enough for recovery or profit if worst scenarios happens.

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September 18, 2021, 11:48:34 PM
 #136

sometimes taking risk depends on your level of conviction, i feel thats why these people can go this extra mile and do the seemingly impossible. its not a must to start from their level, you can start little and grow your holding but never invest what you cant afford to lose most especially because you might not be able to wait enough for recovery or profit if worst scenarios happens.
What the family did was really very risky and is unacceptable because if things happen not from what they are expecting, they will experience the worst scenarios and might end up see them living in the streets. But i don't think they will take the risk without having a good opportunity to invest. Its clear that they are putting their big faith in bitcoin and really hopeful that after long term of holding, all their hardworks will paid off. And yes, it did really happen. They were able to end up finding huge profits. Faith and determination really matters as long as you know you are on the right investment, even if that decision was totally a big mistake from the eyes of other investors.

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September 19, 2021, 09:35:31 AM
 #137

I use most of my money to invest in Bitcoin. Will not invest all the money. Investment is a very risky thing. If I store all my money in Bitcoin and use Bitcoin for payment in the future, I will try. We should be responsible to our family and to our money. Investment is to have a strong mentality. I don't want to lose my will to life because of investment failure.
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September 19, 2021, 11:46:18 AM
 #138

As long as it's not borrowed money, then both daily trading or buying and holding big coins are profitable opportunities and don't pass it up "when people are still talking about crypto, bitcoin,...while forums, communities that still attract tens of thousands of people to join and discuss."
On the one hand, basically for savvy investors, surfing is a "earned" channel.
On the other hand, if you don't understand it yet, you should make a small investment to gain experience.
However, given the nature of a speculative asset, Bitcoin's price increase is not for the faint of heart.
But the coin always has two sides, big profits always come with commensurate risks. If Bitcoin can skyrocket for no particular reason, it can also drop very suddenly.

Any type of investment is risky, you should not assume that just invest, buy Bitcoin, you can make money. You should know how to accept risks and losses when the market doesn't go your way. "Go on a journey at the beginning but don't be the last to get off"!
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September 19, 2021, 02:25:49 PM
 #139

very crazy, if we invest all our assets into bitcoin, where we can not measure when bitcoin will reach the profit we want right, the heaviest risk is a dump, and we suffer a large enough loss,
  so for me it's better to invest from a smaller amount and regularly set aside money to invest bitcoin and have a max profit goal,

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September 19, 2021, 02:42:30 PM
 #140

with all the assets we have, investing in bitcoin, in my personal opinion this is not just looking for profit, but I think this is just a high-level gamble, because if all the assets we have, we invest all of them in bitcoin, I think this is not fair Investing in bitcoin is indeed very good, but we must be aware that we also have to open other businesses, because if the price of bitcoin is falling, of course we have hope in other businesses..
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