Post
Topic
Board Trading Discussion
Re: did you place all your funds into bitcoin?
by
Lanatsa
on 05/04/2018, 21:49:20 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.. ?

I strongly believed that bitcoin is a good choice for our investment but with a greater risk so it is much better to put a portion of your savings and do not put all your money in single investment.

Supporting Bitcoin does not mean investing everything in it. You risk too much. The best thing will be to spread all your funds and buy various altcoins.
Diversifying would always the best move to be made and as an investor this should really be done.Im not saying its bad to go all in with bitcoin but we do know that market is very unpredictable and anytime price dip do happen.If we do only focus on a single coin then chances of recovery would hard not compared on having another option or investment which will possible able help us to gain to patch up losses which is good in any situation.