Quote from: samycoin on July 18, 2018, 10:24:46 AM

Quote from: Triple on December 04, 2017, 04:26:42 AM

I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.

I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.

What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.

In that case I think much better to don't put your all savings in crypto because a huge money like that is so risky. Maybe divide it so you can assure that you will get a good earnings or profit.

Thats right, All In on something risky is the wrong strategy I think, because you have the possibility to lose all your money? you need
to manage finances so you do allocate the right funds for investment or saving, do not take risk too big with all in at crypto