Post
Topic
Board Trading Discussion
Re: did you place all your funds into bitcoin?
by
Clavulanic
on 29/07/2017, 22:34:13 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.. ?
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 will never even advise to put all your money even in bitcoin. i think it is not good to invest all our assets in one business wee need to invest money in different places and  through this way we can reduce the risk of losing all the money in one time.
Thats good to read that many people knows the risk of investing all the money they have in bitcoins .Spending your money in different investments not only reduce the risk but also give a opportunity if one of your investment got failed there you have another option and business.
Indeed! Investing in multiple businesses reduces significantly the risk of being bankrupt. But as far as I know, the best trading now days is bitcoin trading which is paying off its investors a good amount of profit. The more you invest here, the more chances you have of becoming a millionaire.
Yeah that's right mate and I agree you had that good idea of being a millionaire with bitcoin. But for me I am not putting all my funds with bitcoin I thinks it was just around 10% of my funds were already invested at bitcoin for now. I think that it was a best trading nowadays that bitcoin paid a lot of investors into a good profit as well that's why more people invested their wealth with bitcoins digital currency, and having no worries of fluctuations even if some speculations were very prominent at present days.