Post
Topic
Board Trading Discussion
Re: did you put all your money into bitcoin?
by
TraderETH
on 27/09/2016, 09:47:09 UTC
i put most of my money but not the all. i keep some for my daily uses. i have my family and i am supporting it. i have one brother one sister mother and wife with 3 children. i am supporting them so i have to keep some money with m self to fulfill their needs and demands.
Off course am i not putting al of  my money into the bitcoin why would i do that when he can fall down that much and real money wont lose his worth offcourse,
of course, all people will not and can not to put all their money on bitcoin, the risk is too big.
because yes they all have daily needs. do not put money over 50% in the bitcoin is the right choice.
I myself just put less than 50%.

Even 15-30% would be enough already, as you said  we need money for our daily needs and expenses and   putting  up all of your assets on bitcoin would  be risky because  of  unstable price of bitcoin. Most of us here does  have  high hopes for bitcoin to rise its price in the future.
Yes making investment into bitcoin with a lot of amount is very high risk, the bitcoin is still new in instrument of investments, it is need time for knowing, is it can survive and worth as instrument of investments or not.