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Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
Well in my own opinion it is not good to invest all your savings what if the coins surge down and would cause you to panic even if you intend it for a long term. You still need to save something for yourself specially for emergency. Your perferred coins are good investments but you need to think wisely before you invest all your savings because it is too risky.
What do you think should be done?
These days bitcoins are not given directly in campaign but tokens are given and very less campaign give bitcoins purely.
What would you do?campaign or trading?
These days bitcoins are not given directly in campaign but tokens are given and very less campaign give bitcoins purely.
What would you do?campaign or trading?
For me both can be done it is a matter of how you will handle and manage your investments in trading at the same time we can do working as well in the signature campaigns we just need to be constructive and follow the rules to be able to get paid. It would be depend on the person on how they will manage both because we are going to earn in doing trading as well as the signature campaign.
The volatility of bitcoin as well as the crypto currency market depends on the investors who invests and who sells the coins. The more invest in bitcoin the higher the value it would reach and the more who sell or dump the coins it means the price value would go down even on its peak that causes people to panic. We can relate it in the law of supply and demand.
Re: Can you start from zero cash and make a living with the opportunities in crypto?
Is not my case, I do have some savings so I didn´t start from absolutely nothing, but I had not much to start with. I am having a decent go at cryptos and I think it may be possible to make a living... What could be a good strategy?
Of course we can start from zero cash and make a living with the opportunities in crypto by means of joining the campaigns here in the forum and in social media just make sure that you qualified the qualifications needed to be able to join the campaigns and if had finished the campaign that would be the time they will pay us with coin and with that earnings we can trade and make a living out of it we just need to manage our earnings properly to avoid losses.
As general Bitcoin is a digital / virtual currency that circulate around the internet. It can be stored in digital wallet that is secured by our private keys and other secured passwords to be able to secure it from hackers. It can be use as payment in different transactions as well it can be an investment. It is a very good investment because of the higher income possibility. Thats why i keep on investing specifically for long term to be able to generate good profit for my future and for my family.
That is only an if. If bitcoin ends most probably the value of altcoin would go down as well but we cannot say that all of the altcoin will end up as well. We cannot judge the crypto market together with all other coins. With the performance of bitcoin and altcoins it would be harder to tell if they will reach their final end. Let us just enjoy what we have now the more we invest the more income awaits us.
Re: Do you think cryptocurrencies have the potential to overtake regular currencies?
That could be possible to happen in the near future as days goes by we are entering the digital age that means even the regular currencies that we use will be digital as well. So time will come that crypto currencies will replace the regular currencies.
Re: What are the biggest changes in your life caused by Bitcoin?
Many of us here are hoping to be successful miners/campaigners or anything realated to BTCitcoin. Some people succeed many people failed. With that said, what are the biggest changes in your life since you started bitcoin? I hope these will inspire other people so that we too can be successful. Thank you very much!
The changes in mg life because of bitcoin is that my financial needs is already in line with my daily need. If before i am always short in my expenses and my tendency is to advance my grocery in the credit but now i have allowance to manage that daily report even if i am on field work.
⭐ Merited by nesty (5)
That is right do not panic selling because if you do that you will end up loosing all your investments and of course that would be the cause of your stress.
Well with the current performance of bitcoin in the market i think it would end up much more higher than the expected value and we cannot even predict how much it would cost at the end of 2018.
I have opportunity in overseas job around 1000 usd. but my mind now not in a stable manner.
please guide me whats the best option doing crypto currency on the home or move to the job overseas?
please guide me whats the best option doing crypto currency on the home or move to the job overseas?
If that salary is big enough to compensate your financial needs and the needs of your family take the offer because if you are just doing trading and investments you could actually do it even your outside your country. But if that amount of money you can earn by staying in your home country then decline the offer because you can earn it even you dont go overseas. Evaluate first yourself before accepting the offer.
National Bank of Israel officially announced that the Bitcoin is not currency but asset. I think that most countries will follow the example. what do you think?
For me it is both currency and an asset. As a currency you can use bitcoin in paying different merchants and mostly online transactions. It is an asset as well because if we invest bitcoin and hold it for a long time we will benefit from the profit that we will earn in investing in bitcoin.
The crypto world can become unpredictable sometimes, making our choices of investing into it, a very limited one. From scams to ponzis, there have been many losses from investors, yet making it very difficult to find a reliable investment.
But on the bright side, you could still invest into assets and commodities with your crypto like Gold and Silver. Then, if done right you could profit along the way with a good strategy.
As for me, I only decide to invest into gold (by exchanging BTC to Gold) and into some NXT and BURST assets.
What would be your investment strategy? Please share your tips, advice, or any good strategy you would use to safeguard your crypto investments.
But on the bright side, you could still invest into assets and commodities with your crypto like Gold and Silver. Then, if done right you could profit along the way with a good strategy.
As for me, I only decide to invest into gold (by exchanging BTC to Gold) and into some NXT and BURST assets.
What would be your investment strategy? Please share your tips, advice, or any good strategy you would use to safeguard your crypto investments.
My best investment strategy is to keep holding my investments the so called long term investment as we see the trending of the crypto market the longer we hold the coins the more profit we earn.
I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
Of course Billionaires invest in bitcoin they have lots of money to invest in bitcoin and for sure they do know that bitcoin exist.
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I would choose bitcoin because bitcoin has a greater value now compare to gold and the value is rapidly increasing and that is an advantage to most investors who invest in bitcoin.
At this time bitcoin price is very dumping.I think it's time to buy bitcoin.Do you think, this is the right time to buy bitcoin or wait few days.Please tell me?
If you have money to buy you should buy as early as now because the crypto market is volatile we cannot predict when is the time to buy the might go even higher and it becomes higher that would be very expensive for us as an investor. So buy for as long as you have money do not wait too long we might regret if we did not invest ealier.
I was a trader awhile back, I want to say about a year ago now and wanted to know what the current state of the market is for the traders that are currently trading to this day? I know a lot of the current exchanges that I used for trading, such as Poloniex, are still around but aren't really being used much as before.
I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!
I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!
Yes it is still profitable in trading bitcoin and alt coin you just need to keep an eye on your investment and wait patiently to be able to earn a good profit.
Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?
To choose a coin you must check all the details associated with the particular coin check on the road map, whitepaper, the people behind that coin, website and how strong its community doing and how activethe coin doing in the market. If you think they ate doing well with those factors then you decide if your going to invest or not.
Have you guys ever think to how long is bitcoin will survive in this world ? Well, I mean is there anything that can make bitcoin bankrupt or low price, then possibly will make bitcoiners doesn't want to invest anymore. And also is there any solution to avoid those thing. Just wonder to know.
Its hard to say how long will bitcoin will survive in the digital world maybe for as long as the investors continue to trust invest and support bitcoin it will last for many long years. But for now let us enjoy investing while we are earning and our investment will continue to grow in the next coming years.