It's people and investments like these that will drive the bitcoin price up guys so yes he should invest. If more people followed this advice bitcoin wouldn't be so low right now.
http://en.wikipedia.org/wiki/Pyramid_scheme
Topic: 100.000$ investment - page 4. (Read 6354 times)
It's people and investments like these that will drive the bitcoin price up guys so yes he should invest. If more people followed this advice bitcoin wouldn't be so low right now.
http://en.wikipedia.org/wiki/Pyramid_scheme 
This is probably the worst place to ask for investment advice. A large minority of the people in this sub are able to give unbiased, knowledgable advice about investing in Bitcoin. Most people here are emotional, uneducated, inexperienced investors.
I would advise doing your own research including going to some other subs and asking questions about best practices for storing bitcoins, best exchanges for your purposes, sources for fundamental analysis to understand on a deep level what Bitcoin is, where it has been, and where it is today, and sources for technical analysis to peg against those fundamentals.
While you work on your research, which will take some time, I recommend investing a small amount of that $100k and playing with some coins. Fund some accounts with USD and with bitcoin and see the difference for yourself. This is what opened my eyes. Buy something with bitcoin. Try purse.io to order something from Amazon. Create a changetip wallet and tip somebody on twitter or reddit.
Once you immerse yourself with it, you can make your own decision instead of taking advice from anonymous strangers who likely have an agenda.
I would advise doing your own research including going to some other subs and asking questions about best practices for storing bitcoins, best exchanges for your purposes, sources for fundamental analysis to understand on a deep level what Bitcoin is, where it has been, and where it is today, and sources for technical analysis to peg against those fundamentals.
While you work on your research, which will take some time, I recommend investing a small amount of that $100k and playing with some coins. Fund some accounts with USD and with bitcoin and see the difference for yourself. This is what opened my eyes. Buy something with bitcoin. Try purse.io to order something from Amazon. Create a changetip wallet and tip somebody on twitter or reddit.
Once you immerse yourself with it, you can make your own decision instead of taking advice from anonymous strangers who likely have an agenda.
It's people and investments like these that will drive the bitcoin price up guys so yes he should invest. If more people followed this advice bitcoin wouldn't be so low right now.
Newbie comes to forum and asks for investment advice for $100k on 1st post ... no other details of financial situation necessary to give any sensible advice ... nobody suspects trolling ??
Bitcoin investors are generally naive people and rarely think things out for themselves. Which is the reason that a shill like rpietila was so successful in getting a following of faithful believers on this forum, before he cashed out his profits and moved on to his next scam coin. They'll believe pretty much anything you tell them.
Speaking of that old Finnish fart, it reminds me that he bought a castle in my country for his bitcoin wealth: http://www.arcticstartup.com/2014/09/01/estonian-bitcoin-castle
After reading that article, It's hard to believe he's no longer into Bitcoin business.
Then he opened a thread "calling the bottom" at $600-$500 literally days before the big downtrend that eventually took us where we are now, under $300.
Then he "invested" into a scam shitcoin and told everybody to put money in it. That shitcoin crashed too days/weeks after his shilling.
Sounds like somebody who got lucky but doesn't really know wtf he's doing at the moment...
AKA bitcoin early adopter.
lmao I remember that thread! I called him out on the fact that he was wrong when the market crashed again a few days later, and all his followers came to his defense and claimed that we needed to read between the lines, and what *he really meant* was that the bottom was reached during a flash crash months earlier
Because, you know, there's no way that the great rpiteila could possibly be wrong! Funny that we haven't heard much from him or his defenders since...
I'd go for it but only with 1/2, and look for something other for the rest half.
Newbie comes to forum and asks for investment advice for $100k on 1st post ... no other details of financial situation necessary to give any sensible advice ... nobody suspects trolling ??
Bitcoin investors are generally naive people and rarely think things out for themselves. Which is the reason that a shill like rpietila was so successful in getting a following of faithful believers on this forum, before he cashed out his profits and moved on to his next scam coin. They'll believe pretty much anything you tell them.
Speaking of that old Finnish fart, it reminds me that he bought a castle in my country for his bitcoin wealth: http://www.arcticstartup.com/2014/09/01/estonian-bitcoin-castle
After reading that article, It's hard to believe he's no longer into Bitcoin business.
Then he opened a thread "calling the bottom" at $600-$500 literally days before the big downtrend that eventually took us where we are now, under $300.
Then he "invested" into a scam shitcoin and told everybody to put money in it. That shitcoin crashed too days/weeks after his shilling.
Sounds like somebody who got lucky but doesn't really know wtf he's doing at the moment...
AKA bitcoin early adopter.
Newbie comes to forum and asks for investment advice for $100k on 1st post ... no other details of financial situation necessary to give any sensible advice ... nobody suspects trolling ??
Bitcoin investors are generally naive people and rarely think things out for themselves. Which is the reason that a shill like rpietila was so successful in getting a following of faithful believers on this forum, before he cashed out his profits and moved on to his next scam coin. They'll believe pretty much anything you tell them.
Speaking of that old Finnish fart, it reminds me that he bought a castle in my country for his bitcoin wealth: http://www.arcticstartup.com/2014/09/01/estonian-bitcoin-castle
After reading that article, It's hard to believe he's no longer into Bitcoin business.
Newbie comes to forum and asks for investment advice for $100k on 1st post ... no other details of financial situation necessary to give any sensible advice ... nobody suspects trolling ??
Bitcoin investors are generally naive people and rarely think things out for themselves. Which is the reason that a shill like rpietila was so successful in getting a following of faithful believers on this forum, before he cashed out his profits and moved on to his next scam coin. They'll believe pretty much anything you tell them.
If you are a billionaire and 100k are just peanuts for you, sure, put 100k in bitcoin.
Might as well put a few millions in BTCeanie BTCabies while you're at it. You never know right?
Might as well put a few millions in BTCeanie BTCabies while you're at it. You never know right?
One does not need to be a billionaire for that. I remember a guy selling his house and buying bitcoins in the given order of magnitude. If you care too much about money everything will be too risky and you will lose your wealth to inflation. I'd rather choose quick but uncertain death than slow, certain and painful death. But then again, it all comes down to your natural levels of testosterone. Get rid of breast feeding females in your neighbourhood and don't be around small children, they will reduce your testosterone levels and you will become a coward who will never take any risks.
Start buying slowly. Split this 100k for let's say 5k chunks and buy bitcoins every week with one chunk. If it raises your average price will be relatively low at the end. If it falls you will be able to buy more. Either way after a year you should see some profit.
^ This ^
If you are a billionaire and 100k are just peanuts for you, sure, put 100k in bitcoin.
Might as well put a few millions in BTCeanie BTCabies while you're at it. You never know right?
Might as well put a few millions in BTCeanie BTCabies while you're at it. You never know right?
Newbie comes to forum and asks for investment advice for $100k on 1st post ... no other details of financial situation necessary to give any sensible advice ... nobody suspects trolling ??
But what does it change if he's trolling? It doesn't invalidate the question.
... the long term trend still seems to be up, but short term trends are volatile.
Bitcoin's initial price was 0 (zero). Until it hits 0 again, the long-term trend will remain "up."
Newbie comes to forum and asks for investment advice for $100k on 1st post ... no other details of financial situation necessary to give any sensible advice ... nobody suspects trolling ??
It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins
So If I invest a large sum of money for my personal standards now and I lose 50% of it it's the same as an early adopter who will end up having LESS PROFIT?Are you out of your mind?
Ok.
I'm going to sell my wife, kids, house and everything I possess to buy BTC.
Why? Well, because that way I will approach the amount of money some early adopters have in BTC.
Actually, satoshi holds more than 1M coins right? That's it, I'm also taking a huge loan and buying more of these cheap coinz.
Depends on what you want and what you are willing to lose. I was just giving a comparison how the situation has changed since the early adoption days. Investing 1000$ right now won't make you good profits any time soon, but it sure did some years ago. To get the taste of good profits you will have to invest much more today. It means bitcoin today is not the same kind of investment it was in 2012, we're closer to its maturity. Although it's quite logical it should be stressed out that investing and making some lousy pocket money profits is not worth the hassle. If you're aiming the sky, try to hit the god himself.
It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins
If you invest 100k right now you will hold as many bitcoins as most of the middle class early adopters are holding.
The later you invest the more you'll have to invest in order to get more than just pocket money out of it. To me it seems natural that one would invest 100k in bitcoins/cryptocurrencies today but it certainly wasn't natural in 2012. In 2012 10k investment was comparable to what 100k investment is today.
If you invest 100k right now you will hold as many bitcoins as most of the middle class early adopters are holding.
The later you invest the more you'll have to invest in order to get more than just pocket money out of it. To me it seems natural that one would invest 100k in bitcoins/cryptocurrencies today but it certainly wasn't natural in 2012. In 2012 10k investment was comparable to what 100k investment is today.
The "6-12 Months" qualifier is where most of the downside is here. If it's needed back at a certain time, the market can be cruel, if he wanted to let 100k ride indefinitely, and could afford to do it, then yah, go for it.
Oh, I didn't even notice the 6-12 month qualifier
it changes some things that's for sure.If OP is not going to lose his body parts if he will be in a loss 12 months from now then I'd say let him take the risk. But if I was to lose a finger or in the case of default I'd not invest 100k in bitcoins right now.
It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins
So If I invest a large sum of money for my personal standards now and I lose 50% of it it's the same as an early adopter who will end up having LESS PROFIT?Are you out of your mind?
Ok.
I'm going to sell my wife, kids, house and everything I possess to buy BTC.
Why? Well, because that way I will approach the amount of money some early adopters have in BTC.
Actually, satoshi holds more than 1M coins right? That's it, I'm also taking a huge loan and buying more of these cheap coinz.
It's weird that some suggest not investing that kind of money but fail to think of the early adopters who are keeping such sums of money as investment in BTC every day they hold. So when 100k investment is not recommended, it basically means guys like Bitcoin Jesus and others should sell their coins
If you invest 100k right now you will hold as many bitcoins as most of the middle class early adopters are holding.
The later you invest the more you'll have to invest in order to get more than just pocket money out of it. To me it seems natural that one would invest 100k in bitcoins/cryptocurrencies today but it certainly wasn't natural in 2012. In 2012 10k investment was comparable to what 100k investment is today.
If you invest 100k right now you will hold as many bitcoins as most of the middle class early adopters are holding.
The later you invest the more you'll have to invest in order to get more than just pocket money out of it. To me it seems natural that one would invest 100k in bitcoins/cryptocurrencies today but it certainly wasn't natural in 2012. In 2012 10k investment was comparable to what 100k investment is today.
The "6-12 Months" qualifier is where most of the downside is here. If it's needed back at a certain time, the market can be cruel, if he wanted to let 100k ride indefinitely, and could afford to do it, then yah, go for it.
Hello people, I got a really important question(s), is it worth to invest my $100k into bitcoins now? I am planning to let them for 6-12 months, would I get any profit on it? Tell me honestly, thank you.
If you are in the US, 100k is better off buying from Hud and rent those properties out at high yield.
Supposedly, interest rate cannot be contained much longer and will have to be raised this year. This could bring downturn to hotter housing markets, but also make rental more in demand. Also previous hot markets around oil patch areas are likely to crash.
Anyway, while a rental gives return on the capital throughout the year, it's a tossup whether you picked the right market for your property to still be worth the same at the end of the year, this year. Personally I would aim for areas that are likely to boom on cheap oil. But, that may take time to build momentum, be a 3 year thing rather than 12 month. If interest rates make house ownership particularly unattractive looking, then of course you can charge reeediculous rentals and get a larger return. Rates would probably initially force "downsizing" action, ergo, small, cheap to run houses will be in demand while larger properties will not hold value. Depending on market in that case, you might want 2 50k townhouses rather than 100k down and 100k loan on what looks like a bargain McMansion.
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