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Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE
by
slyfox
on 16/09/2018, 02:30:47 UTC
Quote from: verguat33 on September 15, 2018, 10:37:03 AM
Quote from: Coral27 on September 11, 2018, 06:19:05 PM
Quote from: Cliparts on September 11, 2018, 01:49:03 PM
Quote from: hermankoles on September 10, 2018, 02:02:59 PM
Quote from: mekie on August 12, 2018, 07:03:09 PM
Realy realy bad idea putting your life savings into 1 plan, mining is hard and expensive unless you can get free or nearly free electricity and broadband. Personally I would not put more than 20% of my savings into anything-just imagine how it will feel if you loose all you have worked so hard for for so long, By all means reinvest your profits back into crypto and with luck you will see a big capital gain.  

after learning many things about crypto and blockchain I dare to give my savings up to 30% for crypto. crypto is a modern financial technology and has many advantages over its lack, when people realize that all crypto have fantastic prices and we will regret not investing
Yup it is really new things which is full of benefits, after some months price of bitcoin will be very high and those who are for now not investing and waiting for it to be low will cry then because then price will be very high it will be out of reach so better if you have money try to buy right now and never wait anymore because it will increase your profit for investing right now.
Yes you are lucky if you have thinking about to invest your money to bitcoin because I have seen a lot of people who are now sad because of waiting and not investing money with bitcoin, price of bitcoin get high and low so better to buy when it is low and sell when it is high, if you are investing your saving it will make your future brighter, so invest now and no need to wait anymore.
I will suggest you not to invest all your money in cryptocurrency especially in bitcoin because the price of bitcoin is not guaranteed. If the price falls more you will lose your investment. It is better to split your investment in different currencies. By this way you will be mentally relaxed and hope that you will make some money in the future, but still keep some cash out invest in regular business.
Yeah it is a terrible mistake to invest all the money that you have in cryptocurrencies especially when you do not know what you're doing, this is a mistake that a lot of people make because they are excited about the possibility of investing in cryptocurrencies and making a lot of money with them but unfortunately the excitement very rapidly turns into disappointment when they lose money.