Can you invest in crypto with all your money?

[Bisolami]

I read the story of Tom on X. Tom is a young guy who was working in a restaurant before and he was investing all his money in BTC until it became expensive.

Right now, he’s in money. I’m glad he made it but that decision is risky. What if the plan went wrong?

 

[King Belieal]

No matter how good an investment opportunity promises to be, you should not invest all your investment capital into it. Nothing is assured anywhere.

 

[Passiveearner]

No matter how good an investment opportunity promises to be, you should not invest all your investment capital into it. Nothing is assured anywhere.

I am quite sure if people had even slight idea about how great bitcoin would perform after the year 2010, then many people would have had invested their life savings.

 

[nomad]

Not just with crypto, I cannot invest all of my money even in the stock market. I always keep cash to hedge against market risk.

 

[eldavis]

When it comes to investing in general, I cannot invest all that I have in it, I have learnt my lesson the hard way already.

 

[Shavkat]

As you had mentioned, it is a risky move. I am glad things gone well and good for his decision at that time.

 

[Sanjeev]

I won't take a risk because I am not alone , my family is with me and I need money to spend on basic needs of my family.

 

[Shavkat]

I won't take a risk because I am not alone , my family is with me and I need money to spend on basic needs of my family.

You are right. We need to priotize things up. I also have the same waves of thinking when it comes to investing the money and not to do in certain circumstances.

 

[Smalto]

I read the story of Tom on X. Tom is a young guy who was working in a restaurant before and he was investing all his money in BTC until it became expensive.

Right now, he’s in money. I’m glad he made it but that decision is risky. What if the plan went wrong?

Though what the person took was a very high risk, not everyone actually has that amount of risk tolerance, what if the investment had gone South, but then he took a bold step, because truly, the future and wealth belongs to the brave and lion-hearted people, many people can stand investing very huge amount or almost what they have in any investment schemes whatsoever,but very happy for him that everything all turned out very great, this validates the saying that goes thus' "No risk no reward".

 

[Fidelia]

Investing all your funds in crypto would likely come back to haunt you. Crypto is unstable and very volatile. No one can predict what would happen in the crypto market in the next few hours.

 

[Bisolami]

Though what the person took was a very high risk, not everyone actually has that amount of risk tolerance, what if the investment had gone South, but then he took a bold step, because truly, the future and wealth belongs to the brave and lion-hearted people, many people can stand investing very huge amount or almost what they have in any investment schemes whatsoever,but very happy for him that everything all turned out very great, this validates the saying that goes thus' "No risk no reward".

It is actually good to take risks, but I do not think I can do this kind of thing because I will regret it if it goes the other way around