Can I invest my 60% savings in Bitcoin?

[posi]

   -  Since we are talking about savings that you have now op, just remember that the value of Bitcoin can rise a lot or fall a lot, so, here you already know the risk that can be faced with the 60% savings that you will allocate in bitcoin.

Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...

Since this is savings and he said he doesn't want to lose everything, it means he can't hold it for long, so I think it's better for him not to invest. Investing in bitcoin may or may not be profitable, no one can say for sure that bitcoin will rise again, or bitcoin will definitely rise in 2025, it's all speculation and willingness to take risks. OP should decide for himself, don't listen to anyone's advice, because anyway it's OP's money, not someone else's, so if OP loses, no one cares.

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[ajiz138]

If you are not ready to bear all the losses, then never invest more, let alone 60%, it's too big for beginners, although I'm sure bitcoin won't fall to 100%, but if it falls lower, for example to $ 10k or more than that, you have to be prepared to hold on until the price recovers.

I know it won't be easy for you but I'm glad you tried to see other people's suggestions and also some points to take but don't rely too much on others because thoughts will always be different, I believe if you invest 60% of your savings it's not something very bad if you don't sell it, but now what you have to understand is to practice how to hold back patience/anger/emotional seeing the low bitcoin price because this will take a long time because it's a long term investment so you have to be prepared fundamentally.

[Jody.Drummer]

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss  

waiting for all expert members suggestion?

we can't predict the best price to buy bitcoin at any time, but the bitcoin price below $ 20k is really not to be missed. people who have successfully bought bitcoin when the price was below $20k, must have made a big profit now so that's as long as you have cash then buy bitcoin as much as you can, the new ATH of bitcoin will definitely happen again.

You are right, that no one can say for sure what the price of bitcoin is worth buying, we are here dealing with our own analysis accompanied by our trust in bitcoin which we have been doing since joining. As a beginner, of course it will be a very deep confusion, on the one hand you might see many people saying that the price below 20k is the lowest price, and on the other hand there are also those who say there will be another lowest price after that. One way we can take is to do DCA, so we buy slowly. When bitcoin goes up, we won't be left behind, and even if bitcoin continues to decline, we can take that price.

[Fredomago]

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss  

waiting for all expert members suggestion?

we can't predict the best price to buy bitcoin at any time, but the bitcoin price below $ 20k is really not to be missed. people who have successfully bought bitcoin when the price was below $20k, must have made a big profit now so that's as long as you have cash then buy bitcoin as much as you can, the new ATH of bitcoin will definitely happen again.

You are right, that no one can say for sure what the price of bitcoin is worth buying, we are here dealing with our own analysis accompanied by our trust in bitcoin which we have been doing since joining. As a beginner, of course it will be a very deep confusion, on the one hand you might see many people saying that the price below 20k is the lowest price, and on the other hand there are also those who say there will be another lowest price after that. One way we can take is to do DCA, so we buy slowly. When bitcoin goes up, we won't be left behind, and even if bitcoin continues to decline, we can take that price.

You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.

[ivankoh]

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss  

Invest 60% of your savings in bitcoin, that's understandable.  Let's calculate the simple interest you deposit them in the bank for 4 years versus investing in bitcoin.  Easy to realize the value bring, you will decide, bitcoin is completely risk-free for value building plan as a savings.  I think bitcoin still has the possibility to go below 20k$, you can make cumulative buy, 5%, 10% according to the situation.  For the majority of young people, always interested in investing in bitcoin and learning them, I am one of them.

[capedbaldy]

You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.

Even though there are no accurate crypto market predictions, we must prioritize our own analysis rather than trusting other people's analysis. With regards to DCA investing, anyone starting an investment should be patient buying BTC at a lower price than the current price, the market can fall at any time so it will provide an opportunity to add more assets to the long term portfolio.

[ginsan]

If you are not ready to bear all the losses, then never invest more, let alone 60%, it's too big for beginners, although I'm sure bitcoin won't fall to 100%, but if it falls lower, for example to $ 10k or more than that, you have to be prepared to hold on until the price recovers.

I know it won't be easy for you but I'm glad you tried to see other people's suggestions and also some points to take but don't rely too much on others because thoughts will always be different, I believe if you invest 60% of your savings it's not something very bad if you don't sell it, but now what you have to understand is to practice how to hold back patience/anger/emotional seeing the low bitcoin price because this will take a long time because it's a long term investment so you have to be prepared fundamentally.

Every decision that is taken must be prepared with all the consequences that will come. even if the op wants to invest 60% regularly in every income he receives it is very good to do because this will be a big capital for him when BTC reaches a new ATH, but the op must be prepared if one of these things happens, namely a sharp drop  .

in the investment economic system, every investment must have confidence and you are always ready for whatever happens in the future. those are the words that must be immersed in every decision. seeing that the current btc price has fallen 68% from its highest price, the right choice is to buy regularly or apply the DCA strategy every round after round and that is only done for those who have a strong belief for the long term.

[nurilham]

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

It is always possible to drop below $20k because no one can guarantee the price of Bitcoin to stay at a certain rate. But if we consider the current trend in crypto market, I think it is unlikely to drop below $20k again. Since January 2023, crypto market looks much better than the previous year. No much FUDs as in 2022 and it seems to have more good news coming up. In addition, we already left the first year of the bearish season and we continue to the second year. It means that we already passed the worse time of the bearish season. Since 2024 looks like as the first year of the bullish season, I assume Bitcoin price tends to continue raising, there will be no huge drop again as in 2022.

suggest please I can bear some Loss but Can,t afford 100% loss  

If you invest in Bitcoin, you never lose 100% of your funds. When Bitcoin price drops, your investment value only drops temporarily. There will be a time in the future when your investment value will raise again.

[Jody.Drummer]

You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.

From my experience, making decisions from the results of your own analysis is very difficult, because sometimes we don't trust the results of the analysis we do. So basically I want to say that we have to be more confident in making decisions. This is very natural especially if we are new to this, but gradually we will definitely understand because it is part of a process. We can compare the results of our analysis with the results of other people's analysis, I think that's a good step because we can find differences, and we can do that so we can be better in the future with all the lessons learned when we make comparisons.

[peter0425]

  -  Since we are talking about savings that you have now op, just remember that the value of Bitcoin can rise a lot or fall a lot, so, here you already know the risk that can be faced with the 60% savings that you will allocate in bitcoin.

Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...

Since this is savings and he said he doesn't want to lose everything, it means he can't hold it for long, so I think it's better for him not to invest. Investing in bitcoin may or may not be profitable, no one can say for sure that bitcoin will rise again, or bitcoin will definitely rise in 2025, it's all speculation and willingness to take risks. OP should decide for himself, don't listen to anyone's advice, because anyway it's OP's money, not someone else's, so if OP loses, no one cares.

actually when he says that he does not wanted to lose everything this means 2 things, either you are correct about he may need not to invest , or maybe he can afford to just keep the holding until the price recovered and bring him profit no matter how long it will take?
those are the possibilities on that matter the way I see it because like me>?this is my doings each time I invested in long term purposes .

[kotajikikox]

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

suggest please I can bear some Loss but Can,t afford 100% loss  

waiting for all expert members suggestion?

you are asking about your investment percetage but you did not mentioned what is your strategy in this investing .

I mean are you willing for long term taking? then you don't have to worry at all as long as you can handle the risk of not getting or generating income when there is sudden losses but surely it will recover eventually at least 4 years again.

You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.

Even though there are no accurate crypto market predictions, we must prioritize our own analysis rather than trusting other people's analysis. With regards to DCA investing, anyone starting an investment should be patient buying BTC at a lower price than the current price, the market can fall at any time so it will provide an opportunity to add more assets to the long term portfolio.

it is your money so who would be caring more? of course you mate so best that you will analyze the market more than believing those people.

[BobK71]

   -  Since we are talking about savings that you have now op, just remember that the value of Bitcoin can rise a lot or fall a lot, so, here you already know the risk that can be faced with the 60% savings that you will allocate in bitcoin.

Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...

Since this is savings and he said he doesn't want to lose everything, it means he can't hold it for long, so I think it's better for him not to invest. Investing in bitcoin may or may not be profitable, no one can say for sure that bitcoin will rise again, or bitcoin will definitely rise in 2025, it's all speculation and willingness to take risks. OP should decide for himself, don't listen to anyone's advice, because anyway it's OP's money, not someone else's, so if OP loses, no one cares.

Of course, an investor who wants to invest in Bitcoin and is afraid of risk should not invest in this platform. Because he will not be able to bear it when he is about to lose most of his wealth due to the volatility. Therefore he cannot be considered suitable for investment in this platform. as well but i deserve the OP might think a little differently. He said he can invest 60 percent of his wealth and may be willing to take the risk.

[Fredomago]

You need to do your own analysis and not just to rely with how others are doing with their trades, there's no one who can accurately predicts where the market will proceed, all are opinions and specualtions base from how they anticipate the market will possible to go, but the final decision making is still depends from how you understand and how you done with your own research and analysis.

From my experience, making decisions from the results of your own analysis is very difficult, because sometimes we don't trust the results of the analysis we do. So basically I want to say that we have to be more confident in making decisions. This is very natural especially if we are new to this, but gradually we will definitely understand because it is part of a process. We can compare the results of our analysis with the results of other people's analysis, I think that's a good step because we can find differences, and we can do that so we can be better in the future with all the lessons learned when we make comparisons.

It will work if you are open in doing your proper adjustment, using other's outcome can give you broader idea in how to anticipate and how you will improve your own analysis. You can always use this information in order to prepare yourself for making decisions, especially those that are really tough when the market is too difficult to predict.

I mean, when massive dump or a quick pump that will give you hesitation if what position you'll going to take.

[carlfebz2]

   -  Since we are talking about savings that you have now op, just remember that the value of Bitcoin can rise a lot or fall a lot, so, here you already know the risk that can be faced with the 60% savings that you will allocate in bitcoin.

Now, if the price of bitcoin suddenly kicks up in the market in the future, it will always be a big deal for you and your family as well. So the decision is still not ours, it's just our opinion, and since most of the people here in the forum are bitcoin fanatics 100% from what I see, you will be encouraged to invest 60% of your savings, if that is so, good luck ...

Since this is savings and he said he doesn't want to lose everything, it means he can't hold it for long, so I think it's better for him not to invest. Investing in bitcoin may or may not be profitable, no one can say for sure that bitcoin will rise again, or bitcoin will definitely rise in 2025, it's all speculation and willingness to take risks. OP should decide for himself, don't listen to anyone's advice, because anyway it's OP's money, not someone else's, so if OP loses, no one cares.

Of course, an investor who wants to invest in Bitcoin and is afraid of risk should not invest in this platform. Because he will not be able to bear it when he is about to lose most of his wealth due to the volatility. Therefore he cannot be considered suitable for investment in this platform. as well but i deserve the OP might think a little differently. He said he can invest 60 percent of his wealth and may be willing to take the risk.

You cant make out those estimations on how much you would be putting up if you didnt made out some research first because you cant really just put a more than of your entire life savings without having these

kind of considerations which we do know that it is really something risky thing that we would make.No matter how noob you are but with having our own common sense then its impossible that we wont really be seeing these things specially that there would be no assurance.Sometimes there are people who are really just that optimistic despite of the risk and this is where mistakes and regrets could really be felt ot.

Invest on what you can afford to lose and something that doesnt involved emergency or life savings.

[GeorgeJohn]

Today the market is red again and if we have a long term goal then today is a good time to top up the wallet balance, many are worried if the price will drop below $20k, and I think we can see in 2 or 3 days, if the price still above $20k the chances of going up are greater than dropping below $20k.

I want you to understand that theirs no time you purchase Bitcoin that's in vain, if you notice that the market of Bitcoin is decreasing and you want to top up your investment you can as well purchase, because Bitcoin investment the profit is been derived or determine due to how long of the investment, so Bitcoin investment or purchasing of Bitcoin can take place any time.

[Wong Gendheng]

Many people are too eager to buy bitcoin, unfortunately when there is a difficult situation such as a red market like 2022 then they stop and immediately sell even with a loss condition, in my opinion this is a big mistake, better investment with a small amount that we can think of missing, and The most important thing is to be patient for hold, if we can hold at least 4 years then we have the opportunity to get a profit of 200% or maybe more.

[macson]

bitcoin can Crashed again Below $20K Level or Not ?
how much Probability for Down ?

looking at and considering the volatility of the bitcoin price, at any time the bitcoin price could go back below $ 20k!  but for the probability of down and also up i give 50%:50%

suggest please I can bear some Loss but Can,t afford 100% loss  

waiting for all expert members suggestion?

as other members have said, you will not get accurate answers and also the right choices if you don't decide what to do next.  if you really just want to make a profit from bitcoin, the key to profit is not to sell when the price is down but sell when the market is good and take a profit from it.  many newbies are losing money just because they sell when they are panicking.

[ShowOff]

I want you to understand that theirs no time you purchase Bitcoin that's in vain, if you notice that the market of Bitcoin is decreasing and you want to top up your investment you can as well purchase, because Bitcoin investment the profit is been derived or determine due to how long of the investment, so Bitcoin investment or purchasing of Bitcoin can take place any time.

If someone wants to invest in bitcoins for the long term, then it shouldn't be a big deal to buy them at any price. But there are better strategies to take advantage of especially when the market is corrected by a few percent, I mean buying on the dips is much more profitable in the long term.

Investment time frames may vary, especially since investors have different profit targets. I don't think that's the case, but it's true that investing in bitcoin is a good choice right now. If the OP thinks 60% is high, then there are people out there who even believe 100% is way better. It's not that asset diversification is bad, but they just believe that bitcoin has better potential in the long term.

[Smack That Ace]

... I don't think that's the case, but it's true that investing in bitcoin is a good choice right now. If the OP thinks 60% is high, then there are people out there who even believe 100% is way better. It's not that asset diversification is bad, but they just believe that bitcoin has better potential in the long term.

Investing in bitcoin is a good choice as it offers higher returns than other assets but also remembers that its risk is higher than all the rest. I don't care the OP invests 60% or 100% of his savings, I just wanted to tell you and him that: we should only invest what we can lose, not invest what we cannot lose. Whether bitcoin or other investments, there is no guarantee that it will always generate profits without risk. We don't have any evidence to say bitcoin will definitely increase in price in the future its just a prediction like everyone else.

[tygeade]

If someone wants to invest in bitcoins for the long term, then it shouldn't be a big deal to buy them at any price. But there are better strategies to take advantage of especially when the market is corrected by a few percent, I mean buying on the dips is much more profitable in the long term.

Investment time frames may vary, especially since investors have different profit targets. I don't think that's the case, but it's true that investing in bitcoin is a good choice right now. If the OP thinks 60% is high, then there are people out there who even believe 100% is way better. It's not that asset diversification is bad, but they just believe that bitcoin has better potential in the long term.

I think it "matters" in the sense that if bitcoin is 400k one day, buying at 40k and buying at 20k matters a lot, in one of them you have 400k, in the other you have 800k in your pocket when that happens. Not many people calculate the potential profit in the future, and that is a bit of an issue. However, you do not know how low it could get, which is why many just end up buying, and I do that too.

I keep buying all the time, which means eventually I would be making a profit, it's not going to be too simple and I will have to wait and meanwhile I keep buying but that doesn't mean that we shouldn't be really selling it at all, it is as normal as it gets.