Is it safe to invest hugely in CRYPTO now?

[Promocodeudo]

Op, you gotten many response so far from different people, but I want categorically tell you that if you must invest this time which I know that it will yield much fruit for you, I believe that bitcoin is the way to go, the reliability and trustworthiness of bitcoin has made it very essential among other coin, bitcoin is well known and does not need the influence of other coin to grow, instead other coin needs it's rise in price to gather momentum in terms investors influx, so my advise to you is that, you should start accumulating now that we have experience the main bullish so that you won't felt being left in the dark, always Bitcoin that's the mindset.

[Sim_card]

I am writing based on the current market and not based on that of 2019... It is not advisable to invest hugely on crypto currently because we don't know what the market will become tomorrow. Although, bitcoin is the only digital currency that is certain to give you profit because, the halving even is coming soon, and the new approval of bitcoin ETF is good news to investors. This is because it will skyrocket the price of bitcoin, but it is not a guarantee. The bull run is also coming next year and there is this believe that we will have a new ATH, according to history. You can invest 50% of your capital on bitcoin and diversify the other into gold and real estate.

[Cryptsafe]

O am writing based on the current market and not based on that of 2019... It is not advisable to invest hugely on crypto currently because we don't know what the market will become tomorrow. Although, bitcoin is the only digital currency that is certain to give you profit because, the halving even is coming soon, and the new approval of bitcoin ETF is good news to investors. This is because it will skyrocket the price of bitcoin, but it is not a guarantee. The bull run is also coming next year and there is this believe that we will have a new ATH, according to history. You can invest 50% of your capital on bitcoin and diversify the other into gold and real estate.

Investing hugely in Bitcoin is not bad but one should define their holding terms as that is what would guide them through their investment in Bitcoin. Long term and short term is quite alright as long as they flow with the market trend. Short term is basically for traders  while long term is for hodlers who want to hold for a long time and this is the only advisable type one could get if investing in Bitcoin for a long term.
As it is now, long term holding is the only option I could recommend for investors who want to buy Bitcoin because Bitcoin have the potential to skyrocket on price in the long run. Currently the price of Bitcoin is below the last all time high so it definitely means that the price could grow bigger than the current price. So therefore, holding for a long term is absolutely the best form of Bitcoin investment if one must go into Bitcoin investment.

[Dr.Bitcoin_Strange]

Op, you gotten many response so far from different people, but I want categorically tell you that if you must invest this time which I know that it will yield much fruit for you, I believe that bitcoin is the way to go, the reliability and trustworthiness of bitcoin has made it very essential among other coin, bitcoin is well known and does not need the influence of other coin to grow, instead other coin needs it's rise in price to gather momentum in terms investors influx, so my advise to you is that, you should start accumulating now that we have experience the main bullish so that you won't felt being left in the dark, always Bitcoin that's the mindset.

You are very correct about this, man. Bitcoin doesn't actually need the promotion and visibility of campaigns for other coins and projects before it keeps dominating the way it has been going. The fact is that Bitcoin is marketing itself every day because it is the first on the list of top cryptocurrencies, has the highest trading volume, and also has a very high number of investors compared to other investors. Like I said before, even if OP invests in Bitcoin now, he will surely make a profit in the future because Bitcoin has a lot more to accomplish.

[Coinmama7824]

For me,I don't think it's safe to invest hugely now and we haven't reach the bottom, bitcoin is not something I think we will reached the bottom, it's a continuous function.
So even if we have to invest we shouldn't invest hugely because for now bitcoin is still fluctuating so we should all tread with caution to avoid lost of money.

Rather than going in big, you can employ the DCA method, you could DCA on a weekly basis bit by bit while you observe the market on the process, and when you're sure that the market is safe enough then you can go all in.

[vs2014]

A smart investor knows how safe the crypto market is for him. If you have a large pool of experience and you can pick the best coins with quality all the time then you have no risk in crypto. But it is more risky for a common new investor. Because he unknowingly buys a death token which results in loss. So the more skilled one is in crypto the easier crypto will be.

[Dr.Bitcoin_Strange]

Speaking about "Crypto," You are not specifically talking about one coin or token. The truth is that there are thousands of cryptocurrencies in the crypto market, and the price of many of those tokens is still very low. Some of them will pump when the bull market is full, and some will not also appreciate in value.

If you are more specific talking about either Bitcoin or Etherium or Binance Coin or Lite Coin, then we could be more precise about the discussion. Some people think that Bitcoin is too expensive to invest in, but realistically, Bitcoin has a higher price to be reached, which means that if an investor buys Bitcoin now and patiently holds it for a long time, they will make a profit. The price of Bitcoin or any other coin is usually very unpredictable. You might be hoping for the price to fall more, but shockingly, you see a sharp increase.

[bayu7adi]

Rather than going in big, you can employ the DCA method, you could DCA on a weekly basis bit by bit while you observe the market on the process, and when you're sure that the market is safe enough then you can go all in.

Yup.. I think DCA will be the best strategy even though we have a lot of money that can be used to buy now. In fact, it can be used to buy BTC within a certain time frame so that we can buy it regularly.

Let's say someone has 10k in their savings and wants to buy Bitcoin. Basically that can be divided into 10 Bitcoin purchases for each week, so it would take more than 2 months to spend that 10k.

However, if you think you want to spend it all directly, you have to be able to accept the risk that when the price of Bitcoin falls, you won't be able to buy it again in order to lower the average buying price.

[alltalk]

A smart investor knows how safe the crypto market is for him. If you have a large pool of experience and you can pick the best coins with quality all the time then you have no risk in crypto. But it is more risky for a common new investor. Because he unknowingly buys a death token which results in loss. So the more skilled one is in crypto the easier crypto will be.

Common investors probably have the knowledge but they don't use effective way to invest in crypto coins. While smart investors understand the best way to invest in crypto coins. I think the difference is only on how they manage their investments. Meanwhile for the experience, I think they all have the same experiences.

One of the very important skills is analyzing the market trend. People who can analyze the market trend in a proper way, they will choose smart way in investment. The strategy to invest in crypto coins must be adjusted with the current trend in crypto market.

[MUGNIA]

Let's say someone has 10k in their savings and wants to buy Bitcoin. Basically that can be divided into 10 Bitcoin purchases for each week, so it would take more than 2 months to spend that 10k.

However, if you think you want to spend it all directly, you have to be able to accept the risk that when the price of Bitcoin falls, you won't be able to buy it again in order to lower the average buying price.

It's a wise decision to buy Bitcoin gradually with the money you have,
because if bitcoin experiences a decline we can get more bitcoin than before (that's for sure) so that when bitcoin experiences an increase we can take short-term profits if desired, or can hold until we reach our maximum profit goal.

[Nwada001]

Is it safe to go all in on cryptocurrencie now.. Have we bottomed??

No matter how trustworthy the coin or whatever crypto currency might appear to be, it's not a wise decision for you to cast all your eggs in one basket. Anything can happen in the market, and the market will go sideways, which will bring your portfolio to the lowest level.
 
If you have money that you have saved up for a long period of time, the best thing to do for me is to have that money split into three or more, depending on the kind of investment ideas you have on hand.
 
You can have one part of the money kept aside for reserve and the other two which you can invest in different assets, or you can go all in with crypto currency by choosing 2 to 3 major coins that you can trust and have watched their performance over the years.
 
If the money is big enough for you to invest in other assets, I will advise you to also go into real estate investment. Why do you also invest in crypto currency? So that whatever place presents a good profit opportunity, the person will not be left aside, and if the other investment is experiencing a decline in the market, you will not be left out.

[therozaq]

If the money is big enough for you to invest in other assets, I will advise you to also go into real estate investment. Why do you also invest in crypto currency? So that whatever place presents a good profit opportunity, the person will not be left aside, and if the other investment is experiencing a decline in the market, you will not be left out.

Invest in real estate is pretty good but I think crypto is more profitable if you have free money for long term investment.
TBH, I was investing in property and also in crypto.
I have compared which is more profitable for investment.
Crypto is more profitable.
Invest in real estate or property is more safe.
But I have gained a little profit from real estate.

[debra]

It depends on the knowledge and experience of each person. If we have lack of knowledge and experience, it is better to invest in small funds. There is no guarantee for the profits in crypto investment, the chance to get losses quite high. By investing in huge funds, we may get losses in huge funds as well. But if we are experienced enough and have good knowledge, we can use huge funds for safe coin such as Bitcoin, Ethereum, or Cardano.

[bounceback]

Currently bitcoin or other cryptocurrency coins have been on bottom price right now, after ETFs approval give bad side with bitcoin price drop drastically and likely not much problem with hugely amount for investing in crypto right now. Better you spent money for investing in crypto few percent left preparing with another upcoming moment bitcoin get lower price again, don't save all out of your money in the same price of bitcoin.
If you have $10k amount want to invest in bitcoin spent left 30% waiting for bitcoin going down and left 70% of your assets invest in bitcoin with difference price not purchase bitcoin current price right now.

Most important make your own research before investing exactly huge amount in bitcoin or cryptocurrency.

[legend45]

Most important make your own research before investing exactly huge amount in bitcoin or cryptocurrency.

You're right, we should do own research before invest in huge amount in bitcoin or altcoin.
Don't spend our fund in one coin, better to spread at many coins which you confident.
I think It's safe to invest in hugely in crypto.
No worries about crypto if you choose the right coin and buy when low.
Be careful, buy low and sell high, don't buy when FOMO and also don't be greedy.