Converting all savings to bitcoin

don't do all in with one asset. buy partly till it goes down more. don't invest more then you can lose
 
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 ?
Call me old fashioned, but something something eggs in 1 basket?
 
Converting all savings to Bitcoin can be risky, as while it may offer potential for growth, market volatility and uncertainty mean it's essential to consider diversification and personal financial goals before making such a move; predicting a "golden era" for Bitcoin is difficult, and cautious investment strategies are generally advisable.
 
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 ?
Do not make this mistake. Always diversify the investments.
 
What you're doing is no different from gambling; any extra money after deducting living expenses can be used for investment.
 
If that's all you got then no. Don't put all your eggs into one basket.
 
If that's all you got then no. Don't put all your eggs into one basket.
I totally agree. Especially with the markets are going you would be better of if you invest 1/4 of the moiney to bitcoin and the other 3/4 to 3 other good alt coins.
Did you do it? Any update? :)
I'm curious about that as well.
 
I totally agree. Especially with the markets are going you would be better of if you invest 1/4 of the moiney to bitcoin and the other 3/4 to 3 other good alt coins.

I'm curious about that as well.
I'm also curious if he ever did it and if not, what was his choice?
 
Back
Top