- Nov 16, 2011
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Does it makes sense to convert all savings to bitcoin with present situation ? Or the golden era in terms of bitcoin price growth is already over now ?
yea no shitDiversification would reduce risk
xd whatlook around 83 to 86k for a bullish reversal before buying in
if u already have an insurance fund, you could just go-all-in and just buy btc with all non-needed money you got.Does it makes sense to convert all savings to bitcoin with present situation ? Or the golden era in terms of bitcoin price growth is already over now ?
There are signs of this in last one month. Now, I will wait for some months.2025 was already a bad year for BTC, next year tend to be bad, but who knows...just remember that there are other options, some commodities did better than BTC this year, maybe some diversification is healty.
For the long term, it should be a good strategy, people who converted their savings into BTC in the last few years don't have any regrets
How about silver also ? i heard it is being used in almost everything whose demand is increasing fast now.Invest a few in gold as well.
No, I am not much risk averse. It will affect me a lot if that happens. But , I am more interested in knowing the risk to reward ratio for such an action at the moment.If you are ready that your balance can decrease by 5 times, then it may be worth it.
Question is what has more weight at the moment ?high risk high reward (I would never do it).
Well, I bet it's better to differ y'r savings in a few.Does it makes sense to convert all savings to bitcoin with present situation ? Or the golden era in terms of bitcoin price growth is already over now ?