Quote from: jpoker272727 on July 15, 2017, 07:44:29 PM

Quote from: MiXxe on July 13, 2017, 02:13:32 PM

Quote from: Raphal on July 13, 2017, 01:49:00 PM

Quote from: pop323 on March 12, 2017, 05:41:16 PM

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.. ?

As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future.

That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin.

I think by putting all the available funds in one single coin in not really a great job, if it is bitcoin, etherium or anything else but to me it dont fulfill the purpose. By putting all your funds at a same place mean putting all the eggs in the same basket which is not meant to minimize the risk. The purpose of splitting your funds into a diversified manner is to minimize risk level.

That's correct its always good to diversify our investments to minimize the risk in future and bitcoin is good as an investment but we cannot afford to put all our money in it as anything is possible in future and if bitcoin dies then we will be loosing all our money at once.