Post
Topic
Board Trading Discussion
Re: did you place all your funds into bitcoin?
by
RealPhotoshoper
on 16/03/2017, 11:28:21 UTC
I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
Its a risky investment.Invest 50% of your money in bitcoin.Since bitcoin price is raising steadily,your investment would yield you good returns.Bitcoin is volatile.So dont ever try to invest all of your money in it.Always follow the golden rule,'DONT PUT ALL THE EGGS IN THE SAME BASKET'
Exactly. First rule of 'investing' is to never invest more than you can afford to lose followed by never to put all your eggs in one basket.
Pretty simple principle , but people keep ignoring it.
You know why? They are too greedy to stivk to the rules, always want more profit when actually it is enough.
Don't go crazy, investment should be done with cold head , bitcoin is a sure promising future investment but you must be ready for the worst scenario.