Post
Topic
Board Bitcoin Discussion
Re: Who's brave/stupid enough to invest their life savings into Bitcoin?
by
botany
on 20/12/2014, 03:50:41 UTC
brave enough or suicidal?
You never invest all your money into one category that is rule number 0 it goes without being said.

Bitcoin would never form more than 1% of your portfolio, if you took investment advice.
However, every one of us has a gambling streak within.

If your live savings are 500$ and you pour 100$ in Bitcoin it's not a huge risk if you don't desperately need the 100$ and you can work for 5$ or more an hour.

That is true. I was talking about the percentage you would invest in Bitcoin continuously, as you earn.
I guess you would be comfortable investing 1% whether you earn $10K or $100K.
Some people would have higher risk appetite and higher thresholds.