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Topic: how much of your life savings is invested in BTC? - page 3. (Read 4941 times)

legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
note to knuckleheads: no, American is NOT the freeist country on earth.  That is soooo twentieth century.
inb4 intro from "the newsroom"
full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
Well one problem with Australia is its proximity to the sleeping giant known as China.

Another advantage to the southern hemisphere is its lack of nuclear power plants.  Imagine a grid down situation in the USA and Europe, where the nuclear power plants go Chernobyl and Fukishima - by the dozens.  An interesting situation to say the least.

If you look at a map of wind patterns, the Northern and Southern Hemispheres of the planet earth do not mix much.

Go south young man, go south.

As for me, I am a relatively old man compared to many of you, in my 50's.  This is my home in these moutains in the USA - I am here to stay and make the best of it.

A word from someone who has lived and seen life: If I were young and full of bitcoins just starting out, I'd go to Chile, buy a farm in the mountains, and start fresh in what is now the freeist country on earth with the greatest potential and natural resources.

note to knuckleheads: no, America USA is NOT the freeist country on earth.  That is soooo twentieth century.
legendary
Activity: 2268
Merit: 1278
Chile in fact does look good. That or Australia, depending on the budget.
Forget australia. Might not look it on the surface, but it will fall with the rest of the west. In fact, I would not want to be anywhere near america, either one of them, when things head south.
legendary
Activity: 1176
Merit: 1010
Borsche
Chile in fact does look good. That or Australia, depending on the budget.
full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
Much cheaper than Europe or USA/Canada.  Get yourself some fertile farmland, hire some hands to manage it.  You will always eat, come what may.

That was the secret of my Grandparents during the Great Depression - lived on a small farm in NH and never went hungry.  Homeless would drop by and ask to split firewood, work in the barn in exchange for a meal and warm place to stay.

Note to city boys: You cannot eat paperwork.  Never disparage a farmer with your mouth full - it is bad manners and reveals your true ignorance as to where your sustenance comes from.
hero member
Activity: 1302
Merit: 502
Agreed.  Rural south america looks better and better.  Go south young man, go south.  Chile.

How much does it cost to buy 20 acres there?
full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
Agreed.  Rural South America looks better and better.  Go south young man, go south.  Chile comes to mind.
legendary
Activity: 2268
Merit: 1278
if your smart, you first invest in beans, bullets and bandaids.

and move away from a large city I must add, as no bullets or bandaids would save you there.
And western countries. The collapse of social utopias are never peaceful.
legendary
Activity: 1176
Merit: 1010
Borsche
if your smart, you first invest in beans, bullets and bandaids.

and move away from a large city I must add, as no bullets or bandaids would save you there.
hero member
Activity: 728
Merit: 500
During the rally I was using margin so 200% of it.

When I first entered bit coin I only used 10% of my savings, but it quickly grew to become 95%.

I just withdrew 4% of my btc money and it tripled my fiat savings back on earth.
full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
if your smart, you first invest in beans, bullets and bandaids.

Enough for you and your family for at least a year.  Three years is better.

ONLY then, invest in Bitcoins, gold, silver, etc.

When the coming crash occurs, you can eat the former.  The later is just wealth preservation.

As for me, maybe 5%.  Which puts me in the top ten K or so.

Most of you won't listen to my advice.  One day in the not too distant future you may be paying all you have for just one meal and then have to beg borrow or steal to stay alive.

Some of you will laugh now, at what I am telling you.  Much as many people are laughing about bitcoin.

Over and out.
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
invested around 3% of my savings. Due to the growth in price of Bitcoin and the decline in price of gold and silver (another significant part of my savings) it now represents more than 50%  Cheesy
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
legendary
Activity: 1260
Merit: 1000
Drunk Posts
I was worth $1000 before BTC. So approx 100%.
legendary
Activity: 1176
Merit: 1010
Borsche
"How much ... is invested ... ?"  !=  "How much ... did you invest ... ?"
very important distinction

it definitely is, I invested a minuscule portion of my money in 2011 and by now it's grown to be pretty freaking comparable with the rest, even though the rest has grown in that time, too. If bitcoin grows another order of magnitude, I'll have to seriously rebalance.
legendary
Activity: 2338
Merit: 2106
i started in 2011 with just 5%.

in april 2013 i cashed out housing savings plan and went "all in" with 50% of all savings.

since 2nd half of november btc investments grew so much it dwarfed all gold and stock investments and is now at 90%.
full member
Activity: 182
Merit: 100
The General
More than I have. Took a loan from the family.

This poll needs options for over 100%

This poll also needs a 'less than 0%' for people who owe others bitcoins
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
approx 50% invested more than 50% of their savings, very interesting.

"How much ... is invested ... ?"  !=  "How much ... did you invest ... ?"
very important distinction
sr. member
Activity: 308
Merit: 251
Giga
I'm glad bitcon put up this poll, i'm actually amazed by the number of people invested above 50%

and 25% @ 90% savings Shocked lots of people here with Titanium Cahunas  Grin
hero member
Activity: 700
Merit: 500
daytrader/superhero
Less than 0.5% (basically, play money that I wouldnt miss if I lost it all)

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