Post
Topic
Board Trading Discussion
Re: Investing all my savings!
by
Casdinyard
on 25/10/2017, 23:27:21 UTC
In my opinion by investing all savings in cryptocurrency no good idea, I think maximum 80% of all savings and other 20% keep on fiat. Because we need to keep Fiat for urgent needed, and when this happen and the price of cryptocurrency down then we should be  withdraw it. So that we are in loss. In my research good coin for longterm investment  is BTC, ETH,WAVES and DASH by portofolio 50% BTC and other 50% for those altcoin.
I think you should divide it into three parts, the first part is for your investment this is the half of your saving or 50%,but make sure pick the best cryptocurrency to invest second is for your saving make it 30%, and for the third for your emergency need and make it 20%
There is no point saving your money unless you do not want to be rich. Money which we are saving can be considered as death money because it is slowly damaged by the inflation. Investing is always the best. I believe that we should spend 50% of our money to invest in the cryptocurrency and the rest will be for real estate

Yeah I agree that saving a lot of money could affect the money circulation in the community that's why banks are not tolerating this king of "hoarding ". And we should not invest all our money in just one thing. Instead good diversion of it is a must, as it can help you to have a fast return of income.