Quote from: gabmen on April 10, 2017, 02:13:57 PM

Quote from: AlexM on April 10, 2017, 01:37:00 PM

Quote from: The Pharmacist on March 05, 2017, 01:57:39 AM

All in? HELL NO, nobody should go all in, regardless of age. Taking higher risks when younger--that's all well and good. But going all-in on anything crypto is a recipe for bankruptcy. I wouldn't even allocate 20% to crypto. You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin. A lot. It's just way too risky.

As someone who went all in (100% of my portfolio, I still had a 10% of my money to cover unforseen expenses) I can confirm it is crazy, it is risky but weeks of being 90% down are long gone. I started taking out my initial fiat investment every year since and I still have over half my coins.
People should take calculated risks.

You're right there though i can't say that putting most of your money in btc would be a highly calculated risk. I think around 40-50% would already be high enough and i don't want to compromise my expenses for that kind of risk.

First of all investing in bitcoin for long term is no good,if your thinking of investing in crypto for now then go for ethereum as many huge companies are focusing on ethereum blockchain so it has good future.second invest only that much that you can afford to loose,its better to invest in capital in good area as there price will increase only.