Post
Topic
Board Trading Discussion
Re: Transfer My Entire Savings to Cryptocurrencies?
by
Hui8
on 10/01/2018, 17:32:09 UTC
If it were me in this situation, i would move 10% from stocks to crypto and play with that for a while until i become confident enough to put more in. It is not a good idea to gamble more than 10% of your holding in something you have no hands on experience with.
Indeed. This way we can set up proper scenario for the trading and investment into crypto currency. I mean if we practice with the full fledge and know what we are doing then only we should go for staking our 100% savings really. However I wouldn't even choose to stake more than 20-30% of my savings becasue I think savings are also more important than getting greedy about earning more profits from it. We could need that money at anytime in our real life and thats why we should not put all the money into crypto currency. They are really unstable and unless and until you don't have perfect plan you should not go for it. Think twice before you invest.