Quote from: gabmen on June 27, 2017, 10:26:39 AM

Quote from: stadus on June 24, 2017, 06:21:47 AM

Quote from: stergium on June 23, 2017, 11:54:49 PM

Quote from: Biggapp on June 23, 2017, 08:52:04 PM

Quote from: fujyo86 on June 23, 2017, 04:43:25 PM

After understanding characteristics and interests of many people to bitcoin. I have invested my money on bitcoin. Where, previously i was saving at bank and now switching on bitcoin.

it is your good decision that you invested your money in bitcoin because the price of bitcoin is now increasing rapidly and it will make a good profit for you, but i think saving half of your money in bitcoin will very good because placing all the fund is not good as if you suddenly need a big amount of money then it will be difficult for to convert bitcoin into fiat because this process takes time.

but If the op has invested his all money in bitcoin then it is not a good decision. because it is not good to put all the eggs in one basket, the op need to distribute his assets in different places, through this way we can reduce the risk of losing our money in in time. i think we also need to keep some money with use because no one know about the emergency that when it can happen, therefore it is important to have some money in hand.

I agree, we should be wise when in comes to investing, it does not have to go that way, we will be aggressive but not to
the point that you have to risk everything. Even how good the investments are, we still cannot deny the risk and it's possible it will collapse.

Indeed. No matter how promising btc can be today, it's still unwise to put all your investments in a single place. All experienced traders and investors would advice you against that yolo strategy. As of now btc may be a wise choice for placing all your funds into but who knows what will happen in the future. That's a make or break gamble you're going to do if you put all your funds there

Yeah its a big risk to put all your funds only in bitcoins as we never know what will be the price of bitcoins in future, no doubt bitcoin looks good at a moment but there is no assurance that it will maintain the same position in future too and that makes bitcoins a very risky investment.