Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
I like your method. I have also been investing in 3 types of coin. But I recommend investing 50% in ethereum
its too risky to invest all in of our money because we still need that money if in case we need to buy more amount if the coins is going down so we can add another amount. i am not suggesting to do this because if all the coins price is going down, we can not do anything and we can getting big loss. its better to have the quarter from the total money than go for all in so we can have another money and save it for later.
Yes that is right to say that it is too much risky to invest all your money in one kind of business, Although bitcoin is a very safe ans trusted investment, but still we cannot be so much sure and clear about bitcoin price because no one can predict the price of bitcoin so easily. In fact it is too much important to invest your money in different places, so as to reduce the risk of losing your money in one time.