Topic: I spent all my saving on bitcoin, now i am broke - page 13. (Read 25442 times)

Spending all your money in bitcoins was a goos idea but there is a big risk of it.  Why? especially nowadays not all countries adopting it, maybe for now much better to go ride on in the trend  in bitcoin world. For us to avoid to broke situation.

I think he means prices go down after he bought bitcoin that they deposits of all fiat money that they have? yeah I also think that "is it I wrong in investing in bitcoin"? because I have to wait long to see the price go up. but you do not need to hesitate. bitcoin prices will surely rise. you just need to be patient

it is better not to avoid investing in bitcoins i think because it will surely allow you to make some good money, in my opinion the price is definitely going to go up a lot

I think he means prices go down after he bought bitcoin that they deposits of all fiat money that they have? yeah I also think that "is it I wrong in investing in bitcoin"? because I have to wait long to see the price go up. but you do not need to hesitate. bitcoin prices will surely rise. you just need to be patient

The question is, do you believe in bitcoin? Do you believe bitcoin will still exist for 20 years?
If you do, so that is not bad idea.

But if you don't, gold is the answer.
No one doubt that gold is an immortal payment tool from old centurys.
Buy some block of gold, burry its on your backyard.
20 year later, you will see the same gold you buried. Without fear about the satellites is burn by world war and the internet is down.
And don't worry about the price.

I think he means prices go down after he bought bitcoin that they deposits of all fiat money that they have? yeah I also think that "is it I wrong in investing in bitcoin"? because I have to wait long to see the price go up. but you do not need to hesitate. bitcoin prices will surely rise. you just need to be patient

That is really bad because now the halving is going to come soon and there is chance that the price will rise after the halving but you have just lost all your coins.
Not sure on what you should do right now because you are in a tough situation.

you dont even need to that kind of thing.. who knows. 2 or more years to come..  bitcoin price would like $1000... we just have to wait and keep your bitcoins on your wallet.. forget about investing it.. its better that way.. and if it rises.. you can just exchange it to real money though..

well i have good news or bad news, this week i took out all my saving from my bank 3500 and bought some bitcoin

i now have a total of 6 bitcoins,  


last night i bought 5 usb sticks and 2 waterproof boxes,  i put the box inside of the other box then the 5 usb sticks in the middle of the box,  afterwards i went into my backyard and dug a hole underneath the bird fountain,

i dug the hole almost 3 feet under. Then i buried it back and placed the bird fountain back.  

The bird fountain has been in the same spot for many years so i am not worried about forgetting where i buried it, and grass doesn't grow underneath it.

so there we have it,  I buried a total of 5 bitcoins, i plan to keep it there for 20 years. The 5 bitcoins cost me about 2300USD


The 6th bitcoin i keep it on my cellphone and i plan to spend it online,


Now i only have 100 dollars left in my bank,  i am basically broke,  my whole saving gone!


Was this a bad idea?   after i buried it i was starting to feel like it was a bad idea,  

i also did not put a hard password on it because i thought i would forget


but i wasn't planning on using my saving for anything, and the bank doesn't give me any interest for it,

i've never invested in anything , possibly because i don't have much money


anyways.. it's just money.. i'll save some more

i figure in the future, it might be way too expensive to own even 1 bitcoin,



i am now a proud owner of 5 bitcoins


this is my bitcoin story,


here are some pictures of the box and bird fountain, its not the exact ones that i own but similar

The halving happened already the previous week, the price till now not going up, but may be it will rise after few weeks.

Yeah i think patience is the key of the success in every way, now what i do is keep bitcoin at my wallet to expected can sell at the high price.

yeah i think we just need to have a lot of patience right now and we will see a bigger growth pretty soon i hope it will allow me to make huge profit really easily

better hope that none of the users here live near your house and recognize the fountain. you basically just announced where you hid your private keys to everyone.

You opt for having a lot patience while you expect a price increase very soon where you hope to hugely profit from.

These things don't match. My definition of having a lot patience is to wait for at least a year or so.