I never spent any savings on Bitcoin and I'm not broke - page 2.

Strongkored

legendary

Activity: 2814

Merit: 1112

Leading Crypto Sports Betting & Casino Platform

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

Never store your savings in bitcoin or other crytopcurrensi. Invest only money that is not used or if you are ready to bear the lost. Saving the savings in bitcoin very risky. Thanks

Qunenin

hero member

Activity: 966

Merit: 506

Quote from: coin_gambler on June 12, 2016, 06:25:15 AM

Quote from: Elwar on June 11, 2016, 09:23:33 PM

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

Price up 36% since this post.

Would you consider being broke if your wealth increased by 36%?

well i guess the person is broke when he does not have any money for a living so i doubt he would feel broke

in order to have more money i invest in bitcoins because i know that the price will grow

Seeing the current increase in price of bitcoin, now i feel bitcoin is the only investment which can give you greater profits. No other investment like Gold, USD , or any other Forex item can be so profitable as bitcoins.

coin_gambler

sr. member

Activity: 462

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: Elwar on June 11, 2016, 09:23:33 PM

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

Price up 36% since this post.

Would you consider being broke if your wealth increased by 36%?

well i guess the person is broke when he does not have any money for a living so i doubt he would feel broke

in order to have more money i invest in bitcoins because i know that the price will grow

hermanhs09

hero member

Activity: 574

Merit: 500

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

You're only getting the impression that you're not broke, however, I think you're secretly broke. Because fiat currencies depreciate over time a lot and they are no good measurement for wealth.

I think you'd be 1000x richer with BTC than fiat in 10 years time.

densuj

legendary

Activity: 910

Merit: 1000

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

If you wanna make Investment do it with you can lost it, don't make Investment from all of saving bitcoin. And you must be counting about management of risk.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

Price up 36% since this post.

Would you consider being broke if your wealth increased by 36%?

Vikingr

hero member

Activity: 798

Merit: 500

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

Only genius people are investing their savings in bitcoin while other people who do not invest either do not have money for investment or do not know about bitcoin, learn and earn with bitcoin.

wintermeasures

sr. member

Activity: 322

Merit: 250

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

I do not think so, seeing the development of bitcoin prices are getting up. I think you will get a profit if you invest in bitcoin. But keep in mind Invest the money is your money lost you are ready to accept it. thank you

aso118

legendary

Activity: 1918

Merit: 1012

★Nitrogensports.eu★

Investing your life savings in Bitcoin is fool hardy.
If you have worries about the depreciation of fiat, look for other asset classes - bonds, equity, real estate.

jossiel

hero member

Activity: 3220

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: ravens on June 04, 2016, 12:10:40 AM

If you are worried about becoming broke, just spend as much as you are comfortable with in Bitcoin.

Maybe he is not broke yet, because he did never spend his savings after all, but you are right, if something worries him.
Then better to spend his bitcoin for the things that can satisfy him.

hermanhs09

hero member

Activity: 574

Merit: 500

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

Not really. Fiat currencies loses value over time and that's really really bad in my opinion. I'm sure you wouldn't be happy if you wake up one day and all there's left is 50% of your original wealth.

While bitcoin is exactly the opposite. It retains value over time. So no, you would actually get more from bitcoin than you would from fiat currencies.

ravens

member

Activity: 98

Merit: 10

If you are worried about becoming broke, just spend as much as you are comfortable with in Bitcoin.

safari88

legendary

Activity: 1960

Merit: 1026

Quote from: MTBTT on May 14, 2016, 01:05:31 AM

Quote from: safari88 on May 13, 2016, 08:20:17 AM

but if you just save it. in the end you will be bankrupt by the needs of your future Grin

it would be better if you save as bitcoin, because prices will someday rise high, then you sell and get many benefits

the necessities of life is not a barrier dude it is an obligation that you have to pay. therefore manage finances to manage demand and need charges and so on. would be required to set it

yes I know it is a necessity of life, but if you have no income, of your money will run out. that foster or investments that must be made.

Ayers

legendary

Activity: 2856

Merit: 1024

DGbet.fun - Crypto Sportsbook

if he didn't dump before this pump he now have much more money, so it was a wise decision, but bitcoin was meant to be spend also, not just sitting there for speculation, i think you can do both, saving and investing

jakelyson

legendary

Activity: 2296

Merit: 1070

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

It depends on how long are you planning to hold your investment. If you are just short term, and you panic sell on every dip, then you are broke. But if you are able to hold for long term, it is clear at current price that long term holders make profit with bitcoin. So, you make your choice, long or short term? Profit or broke?

adibe

sr. member

Activity: 406

Merit: 250

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

Nope, if you spent your saving on bitcoin right now, you can get much profit from it. Because as you can see, the price of bitcoin is increase so high right now.

Viyamore

hero member

Activity: 658

Merit: 500

Quote from: xuan87 on June 02, 2016, 05:34:01 AM

If you can see the price of bitcoin now, you will be regret, i had invested bitcoin since 2015 and the result never let me down, i have gained profit form bitcoin, and bitcoin is one of the best investment that you should try

Wow , i think im not too late to know bitcoins this 2016 but i do invest on HYIPS before without knowing the profit or there's a halving which it can make the price higher.
I'm not broke because i earned .but the mere fact that the time that i know halving is coming i have no money to invest.

jossiel

hero member

Activity: 3220

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: xuan87 on June 02, 2016, 05:34:01 AM

If you can see the price of bitcoin now, you will be regret, i had invested bitcoin since 2015 and the result never let me down, i have gained profit form bitcoin, and bitcoin is one of the best investment that you should try

Wow that's an inspiring way of investing and still I knew some of people here started investing to bitcoins since 2012 and just like what you have
said the result never let them down.
So, for those people who want to save bitcoins for sure you will gain profit from it.

xuan87

legendary

Activity: 1666

Merit: 1001

If you can see the price of bitcoin now, you will be regret, i had invested bitcoin since 2015 and the result never let me down, i have gained profit form bitcoin, and bitcoin is one of the best investment that you should try

jossiel

hero member

Activity: 3220

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: RoommateAgreement on June 02, 2016, 05:00:15 AM

Quote from: calkob on June 02, 2016, 04:55:41 AM

Quote from: prettybuds on May 13, 2016, 02:15:03 AM

If I had invested my savings in Bitcoin would it be more likely to be broke? Cheesy

If it is long term savings then i doubt you will lose anything, in the short term then yes you could lose out at the minute. But fiat longterm is a bad idea as it lose value over time.

i think it is better not to go "all" in because it has risks.

just invest some amount of money that you can afford to invest and be happy about your gains even if they are small.

Saving all your bitcoin will not make you broke instead it will make you happy, because the price of bitcoin today is becoming too high and its
flying up to the moon. So why you are going to be broke when you are going to save all your bitcoin?

Topic: I never spent any savings on Bitcoin and I'm not broke - page 2. (Read 3918 times)