Quote from: JeffBrad12 on August 16, 2016, 11:42:43 PM

Quote from: blackmachinegun on August 16, 2016, 11:17:59 PM

Quote from: zodin on August 16, 2016, 08:02:26 PM

Quote from: dothebeats on August 16, 2016, 04:44:05 PM

Honestly, I do have 70% + of my assets in bitcoins since this is the first venture/investment that I took part of and became successful with. I'm planning to diversify my holdings and cash out another 20% (since I already have some cash in the bank that I'm planning to keep for the future.) to invest on some penny stocks.

that is very good and i also have invested about 75% of assets in bitcoin, i am hopeful that my investment will never disappoint me and hope that it will give me a good profit at the end,

I think it is capital that is too big, you should see that you're living in the real world where the bitcoin has not been so accepted in society and shops. so it seems when bitcoin prices fell sharply. I can assure that you will be bankrupt and probably will be poor?

That's right, not better to spending a high percentage of your amount in btc because you can't fill up you needs in the real life and me sure just in short time will appear the threaten for bitcoin. but anytime the price can fall and you must be ready about that.

yeah let alone the risks of investing in bitcoin is big enough. very likely the price could fall sharply anytime? if you have more than 70% of your wealth is in bitcoin. I'm sure you will panic when bitcoin prices fell and stabilized at lower prices?
I think investing in bitcoin is not a problem but do not put too much money. because it would be too risky