Post
Topic
Board Trading Discussion
Re: did you put all your money into bitcoin?
by
0day
on 19/09/2016, 14:33:12 UTC
Nope I did not put all my money into the bitcoin because of the fact that is just stupid to do  in my eyes.
Its not worth to put all your money in it, it stays a investment and it can still fall down.
I agree, if we put all our money in bitcoin that would mean we are putting all our wealth at risk, bitcoin is not for savings
but for investment and every investment has a risk associated so we only need to put the amount that we can afford to lose.
when i do something i will go all in for sure but with the bitcoin you need to know the right time to go all in because you can lose allot of money by going all in with the bitcoin.

You are right we should have to look for a right time, just like in august when the price was dropping much faster at that time putting our money in bitcoin was just to lose them but now the time is much better and if someone want to put their money in bitcoin then they are not wrong but will earn a good profit.