Topic: I spent all my saving on bitcoin, now i am broke - page 31. (Read 25467 times)

Well, assuming you actually followed through with this, you are either incredibly confident or incredibly stupid.

I'm not saying it is necessarily a bad investment, but you must be very confident in the future of Bitcoin and its ability to maintain value over long periods of time. $2300 USD is a fairly large investment, and I hope that you pay attention to the market and play it right so you can make some money off of it.

Good luck with your investment.

i did not put 1 bitcoin in each stick,   i put the 5 bitcoins together on 1 wallet, then just copied it to all the usb sticks,  

i never thought about doing that, now that i think about it, it would've been a better idea of putting 1 bitcoin on each stick, just in case one fails,  

i used usb's because i don't know how to make a paper wallet,  it was really confusing and hard when i read it online, i also don't own a printer


i don't see why they would stop working,  they are all different brands of usb and the box is waterproof, i think i should ok,

Did you put one bitcoin on each stick? What if they break? What if they all stop working after years? Why use USB and not paper?

i did put a password on the wallet file, i just did not use a hard one because i will forget,  

i am not too worried about anyone coming to my home and stealing my bitcoin because i have never met anyone in person from this website, and i don't plan to in the future,

i think it's 99% impossible for someone to know who i am or where i live,

wow, talking about taking a leap of faith... I think the chance of getting an intrestrate higher than the banks is pretty good, altough i'd never risk all my livesavings on one technology.

Like --Encrypted--  already said tough: dig up those usb's ASAP, put a password on those wallets and hide them somewhere completely different!
Maybe you're anonymous right now, but it could happen that in a couple of years, somebody learns who you are and where you live, and digs up your coins from your backyard...

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.

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