Post
Topic
Board Trading Discussion
Re: did you place all your funds into bitcoin?
by
Osarman
on 31/07/2017, 22:32:46 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.
I agreed, it will be a wrong decision and regretful in the end if you do that. though I'm a bitcoin enthusiast, but its not the right time yet
to put all your fund whether bitcoin or ethereum. Just do it as your additional source of income for now.
That would be a smart move though. Even if you use bitcoin as a mainstream income source that is not bad decision. Bitcoins are already doing well in the crypto market and have given ride to many of the followers to moon already. Even after the Segwit, bitcoin lovers will be on the top of the world. Treating investment in bitcoins as an additional income is also not a bad idea, mate.