Post
Topic
Board Trading Discussion
Re: did you put all your money into bitcoin?
by
jakelyson
on 23/09/2016, 18:36:07 UTC
I put most of my money into bitcoin how about you?
No i don't put most of  my money into bitcoin because as we know bitcoin is new in the world and price of bitcoin is fluctuating price can going up and down. You must apply management of risk on Investment.

Indeed to put all of your money into one investment is absurd and dangerous. You wouldn't want to lose your whole networth trough one investment.
Splitting investments is best even with bitcoin so no I don't put all my money into it just a part.

It is always good practice to diversify your investments to minimize risk. Putting some money in bitcoin, some on stock, some on gold, small business, etc. It is tempting to put all your money in bitcoin and watch it grow. But if the opposite happens, you will be left with nothing, But if you have other investments, then those investments can save your finances.