Quote from: Shawns on June 22, 2017, 12:53:38 PM

I wouldn't place all your funds into bitcoin. I have invested 30% of my money into bitcoin and Im still buying more. I'll always stay with $5k in my bank account for emergency purposes.

One of my reasons why I always have an extra money in the bank is because I have some forms here so I really need some fiat funds ( as we can't see, not everyone knows what cryptocurrencies are ). There are some cases also where the transactions are slow , especially in my home and it will take up to 1hour to withdraw BTC so I can't use it when emergency comes.

Quote from: BingoDog on June 30, 2017, 12:52:57 PM

No matter how some investment looks profitable and atractive, don't put all your money in it. The same rule apple to Bitcoin. The risk is to big and by puting all your funds at one place you don't have any back up funds and solutions and every investment is unpredictable,especialy on long term and you might find yourself in big problems. It's better to diversify your investment.

It's good to be in trading but it's much better that you have some investment in altcoins and investments in things in the real world. Make the best of the two world's. The internet is a much trickier place than in the real world, making a 70/30 diversity ain't enough. Always have a backup plan.