With all your assets, Investing in Bitcoin is really a madness or beneficial ?

[bitgov]

This actually makes sense especially the last statement you mentioned.

Diversifying and allocating your investment into different investment mechanisms seems to be the right move for long-term investment profit. But in terms of crypto, generally, most people have invested here in short-term due to its high volatility nature. When millionaires invest into BTC, the slightest increase/decrease on its price would mean the gain or loss of thousands to millions of dollars on their part. That is why, only invest the money that you can lose.

We need to be practical for our daily living. Though crypto and other investment options are good, as they can give you huge profit (not to forget huge loss). That's why its advisable, if you have savings keep some of it in secure schemes like insurances, government backed schemes to tackle any uncertain situation. Rest of money you can invest in any sector of your choice.

[songchunlai]

Any time is well.

[BlackMan8]

This must be very self-confident to myself, I think it is crazy to invest all my funds. I cannot invest all my money.

[Melody kdl]

This is a very stupid and extremely risky approach. Perhaps you can earn extremely high wealth, but if you suffer a currency crisis, you will lose most of your wealth!

[KaliLinux]

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 !

Investing in Bitcoin is a wise Investment option and Investors must understand and be prepare for the long HOLD. I don't think selling all your assets and investing all in Bitcoin regardless of the potential profits is a wise choice. I do think Investing a good amount of your assets in Bitcoin is good and you must understand that this is not for the quick gains.

[Imran232]

..........

It would be beneficial if you wouldn't do what it takes to give you benefit. Well, let me explain. You invest all of your savings in bitcoin, and then you see that the bitcoin dump is 20% after the bad news, and your investment is now in the red. Now it has become a stable price at that point. It also provides a push for altcoins to be pumped.And you saw all the coins become green, but bitcoin is stable. It increased a little bit. But you are still at an 18-19% loss. If you understand it, it is a market game. And it could boom at any time and recover my loss and give me a profit. Then you might be benifitial. But according to experts, they didn't suggest anyone invest all of their money in bitcoin. They suggest investing that amount, which is like extra money to you because of bitcoin volatility. I also think the same. Thank you.

[SacriFries11]

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 !

At my early days in crypto, I can say that investing in crypto is beneficial. I invest only time and effort in different bounties then I got paid after the campaign. So without putting any of my money, I make real money. But it last since there are of scam projects I encountered that does not pay me or give me shit coins. I have decided to leave crypto but I find myself coming back that is why I am here and I am now more careful. It is not beneficial as before but it is still better than just browsing in Facebook or watching YouTube.

I think we should invest only what we can afford to lose because investing in crypto is very risky so everything that we invested can disappear all at once in any wrong move. Even when we cry all night and day, we can't take it back or undo it. Maybe the USA Family is rich enough? I am not sure. The bigger the possible income is, the bigger what we can lose also.

[rosemariefrancis]

Risks are inseparable from investments, be it crypto, stocks or anything. There’s always a thumb rule for investments: never invest more than you can afford to lose. No matter how cliche it sounds, it is always applicable.

[ChiBitCTy]

First off only listen to financial professionals who are qualified to give such advice.  There are plenty of intelligent folks around here but there's an even bigger faction of complete morons around here who will give you their "advice" which is just god awful.  The answer to your question is a resounding NO.  What they did was irresponsible and foolish and they happened to have gotten lucky.

[Semar Mesem]

Risks are inseparable from investments, be it crypto, stocks or anything. There’s always a thumb rule for investments: never invest more than you can afford to lose. No matter how cliche it sounds, it is always applicable.

Many people are too pushy to invest so they put all their money there, when prices drop and don't match expectations then they panic and immediately sell at a loss. investment is putting more money so that if we lose money, our finances will not be disturbed, and investment must have a clear goal, namely profit so that when the price drops, we can still be patient to wait.