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Re: I spent all my saving on bitcoin, now i am broke
by
coinoclock
on 21/09/2016, 14:42:05 UTC
It is not a good ideal to inv all momney into btc, because it can be bad if you are making mistakes with Bitcoin so you can lose also a lot of money if you selling it too early.

   

In my opinion isn’t a good idea invest all your money in only one thing. You can be a millionaire in some years or you can be a broke guy in some hours.



Exactly you cannot afford to trust bitcoin so blindly that you put all your money into it, as if bitcoin disappears in future then it will surely wreck your life.

Yeah try to invest in different ways. Never put all eggs in just one basket.
i beg to differ. sure if you have $20k and more then don't put it all in just one place. but if you are just starting see the future in bitcoin and believe in it, then go for it and all in.
but be aware of the risks. and only invest what you don't need to survive.