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

[ReiMomo]

I love to invest as much as I can man. But other commitments are really stopping me to completely focus on Bitcoin. Yes, monthly commitments are being the prior things to look at as of now rather than investing all in either bitcoin or on any other crypto currency on trading. But for those who have money more than whats required for their commitments, then yes, they are much free in investing all they can. 

[suzanne5223]

In spite of that, Bitcoin was an innovative technology with loads of potential, selling all one's assets and invested them in Bitcoin is still madness because investment advice in every setting is to always invest the amount you can afford to loose and someone decide to go extra then it a sign of greed.
Following the footstep of this kind of people is not advisable and it always good to do your own research than using others investment decision.

[chanler]

Before investing in bitcoin, make sure first that we are able to understand the market so that we can handle it when the market is down so as not to panic. we know that investing in bitcoin can be very profitable if we can manage our assets properly and not rush into making a decision regarding the assets that owned, because if not with careful thought then it can be misleading. therefore it is important for us before investing in bitcoin to really understand the market and if we are still in doubt we can start with a little capital first to practice and hone skills.

[topbitcoin]

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

Basic thing who want to make investment, always use free money. If must sell assets, maybe sell assets that which be used as investment, not sell assets that all we have include what we use as daily. Like maybe money for example, because if use all money and then investment is being bad, we can't do anything about it. And that can cause big loss for us especially when unexpected thing happen.

[Pulsar77]

It is of course madness. You should never invest all of your money into Bitcoin or any other cryptocurrency. Even if you see that someone is doing it, don't care about it. He/she will be the one who is taking an enormous risk. You should always invest an amount which will not be a big deal for you if you lose some or all of it. This is one of the essential rules for the investors.

[Melody kdl]

This is crazy. This is something I will never be able to do. I take the risk of losing all of my investments. It’s not too risky. I can’t take such a risk. I’m not sure. I don’t want to take risks with so many years of hard work. If I fail, I Can't face my family.

[imstillthebest]

Should we invest just like them or should start with a less amount ?

depends on us if we are also crazy like them or can afford to loose if all didnt go in the plan  but for the majority i think that they can still think the normal way or have a lesser guts than the family in your story so they probably invest less .
 we can still earn good in bitcoin as long as we are going to tighten our patience and if we manage our emotions verry well but congrats to that family if they still have thier btc , they deserve the profit that they will be getting.

[Assface16678]

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 saw a news and interview about a family with the same issue as mentioned, they sell their asset that they bought at low price and sell it recently.

For me, if you have a stable job and steady income you should invest your spare money in buying btc. Even though the price is unstable, your funds is still there and if time come that you need the money you can easily cash it out for your own use. However, due to the current state of btc and without further research about crypto, you may panic sell but if you trust yourself and the potential of it then it is good for you.
Overall it is beneficial not only that you save your asset for future purposes but also the potential of it to grow is in good sight.

[jamkesmas]

If we plan to invest in the long term and have great patience, then there is no harm in trying to invest as they did, considering the supply of bitcoin is very limited it is very possible in the future bitcoin will have a higher price and provide opportunities for investors to earn greater profits in the future.

[junmisakiro]

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

Of course this would seem like a crazy idea if we put all our funds into bitcoin investments for the short term, because basically the characteristics of bitcoin are certainly very volatile in the short term so it can pose a big risk for us, so I think if we really want to put all funds then buy bitcoin and invest bitcoin into long term at least for decades.

[bitzizzix]

It seems to me that doing crazy things sometimes produces very unexpected results, selling assets or valuables to invest in bitcoin is not a crazy idea in my opinion, on the grounds that you still have other income or reserve funds when you invest.
What's important is that you do it based on sufficient knowledge and analysis to convince you, like a big investor for example, no big investor will invest large sums of money even sacrificing one valuable asset or another to invest in bitcoin.
because they believe bitcoin for the long term will provide satisfactory returns as it has in the last 10 years.
unless you don't believe in bitcoin better just ignore it, and I personally believe in it.

[Sanugarid]

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 !

It is not really advisable to sell all of your asset and put it all in BTC because the market in crypto is super volatile wherein it could be new all time high or the other way around which is a nightmare for all investor including traders. It doesn't mean it worked for them, it will worked for everyone. So just invest what you can afford to lose , BTC could crash anytime just like on what happened few months ago and if you're not mentally prepared then don't do it.

[ultrloa]

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 !

It is not really advisable to sell all of your asset and put it all in BTC because the market in crypto is super volatile wherein it could be new all time high or the other way around which is a nightmare for all investor including traders. It doesn't mean it worked for them, it will worked for everyone. So just invest what you can afford to lose , BTC could crash anytime just like on what happened few months ago and if you're not mentally prepared then don't do it.

This is so crazy and its like suicide if people will do that since imagine how big the risk we might get for certain movements of bitcoins, also we might lose a value for the volatility so for sure once people see that price decrease on their asset then they might get panic and dump so for sure they will get in trouble for doing this that's why its not really advisable to do this things since we might get broke instead of aiming to get wealthy and spend only what we can afford to lose this is always advice here so hopefully newbies will listen.

[pinggoki]

One can never reiterate how important it is to diversify your assets instead of putting all your eggs in one basket. Yes one might say bitcoin is very profitable today and would pump to millions in the future but you gotta understand that within that timeframe you would need to earn money too, otherwise why would you put your money to crypto when you can just put it in the bank if you'll let it be a sitting duck? Be dynamic, learn to choose between assets and which one to pick for long-term holding and day trading, that way you can secure profits.

It seems to me that doing crazy things sometimes produces very unexpected results, selling assets or valuables to invest in bitcoin is not a crazy idea in my opinion, on the grounds that you still have other income or reserve funds when you invest.
What's important is that you do it based on sufficient knowledge and analysis to convince you, like a big investor for example, no big investor will invest large sums of money even sacrificing one valuable asset or another to invest in bitcoin.
because they believe bitcoin for the long term will provide satisfactory returns as it has in the last 10 years.
unless you don't believe in bitcoin better just ignore it, and I personally believe in it.

An ambitious move yes, but as long as he has some sort of backup plan behind all of this in the event that he does go balls deep on bitcoin and loses a considerable amount of his investments, he should be off the streets. But if he doesn't have these plans and is going all-in on bitcoin because of the promise of profit, then it's much better to advise him to do the opposite and invest on multiple assets because bitcoin does pay, but the long amount of time it takes for the profit to come in will definitely leave you penniless and homeless, if you were to invest all of your assets that is.

[willhuber]

We already know that crypto is a highly volatile market so there’s nothing unexpected in these price fluctuations. I believe that bitcoin is a long play, if we look with a wider perspective these fluctuations don't matter in the long run.

[blckhawk]

in my opinion investing all your asset in bitcoin is madness, especially if you are not filthy rich. because bitcoin's market is volatile meaning it is always changing and is prone to losses. if you are to invest your assets into bitcoin, make sure that you will save some for other investments and also some for yourself so just incase that if your bitcoin investment fails then you will have fallbacks and will not lose a huge amount of money.

[LyJones]

This is bold and beneficial. As long as you are proficient in investing, you invest all your money and you get more money. But if you are still a novice investor, don't invest all your money. You need to have the remaining money for daily payment and consumption. It is troublesome for you to exchange money for something that requires funds. You can invest a lot of money, but leave a portion of it for daily life.

[zanezane]

It's madness but at the same time is admirable because bitcoin is known for it's volatility and I don't think that investing it in an all-in isn't the right thing because you never know what's going to happen next.

[oktana]

Invest only what you can afford to lose. Do not be greedy and end up in regrets. Maybe the family could afford the loss, maybe they had some other money somewhere. I think it is actual madness to invest every single thing you have (whether you are investing in Bitcoin or something else). Also, in as much as the family made great gains, they could make great loss! So imagine making a great loss when all your money is involved.

[A BLackPearl]

I may take out most of my money to invest, now it is. I like to buy a bit currency. I have money, I will invest in Bitcoin, and some cottage coins. I think investment encrypted currencies is relatively simple than investment real estate.