Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 10. (Read 7440 times)
February 05, 2018, 04:06:48 PM
Atleast by now, she must have almost doubled her savings when btc rose to over $10k. Even as at this fall, she must still make her profit. This irregular new of facebook and others really mess things up this package. So, lets get it straight. BTC will retrace and still reach 20k before end of March 2018.
February 05, 2018, 03:50:59 PM
If granny bought at 4200 dollars and sells now for 6800 dollars, granny made good profit!
I don't see a reason to complain. Maybe she is a really smart lady and has sold somewher in the last two december weeks.
But what you can see best from this thread: always be patient. Sometimes it just takes a while!
I don't see a reason to complain. Maybe she is a really smart lady and has sold somewher in the last two december weeks.
But what you can see best from this thread: always be patient. Sometimes it just takes a while!
February 05, 2018, 03:47:15 PM
it will only go up. She bought at $4200 
How soon can we REALISTICALLY see $4200 again and upwards?
How soon can we REALISTICALLY see $4200 again and upwards?
You mustn't make risky decisions specially if it includes any properties or your family member's earnings. However, you must not still be worried about it and must have hopes for the future of bitcoin. Just believe that bitcoin's value will rise up again until you reach the desired amount. What you need to do now is just to convince your grandma to have patience.
February 05, 2018, 03:46:34 PM
That was great invest if she really bought it on $4200. I hope she get out from that when price was over $17 000 , because if she did that she is rich. Even if you grandma still holding (I hope not) bitcoin she still in profit +$2500 per bitcoin right now. But anyways I think that this is a big joke and you trolling us.
February 05, 2018, 03:26:42 PM
I hope you did that on January!! Then you should be rich now. Tell her about how to trade and ETC, then she will do it in her own way.
January 16, 2018, 07:48:24 PM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
How soon can we REALISTICALLY see $4200 again and upwards?
I dont think thats real.
I cannot imagine this aged lady messing around with BTC wallets. Maybe the guy has asked his grandmother money that HE would invest in BTCs.
January 16, 2018, 07:39:58 PM
I think you should know and learn what you are going to do or to invest before you invest all your saving specially when it is your not own money. Yes it may be profitable or double your investment unless you have enough knowledge and strategies on how the right process to prevent your loss. You should think first the cosenquences of your action speially in terms of money and investment because it is not easy to save money.And make your own capital because it is a great feeling when you see your capital are growing.
You're right, but his grandma probably bought at $4200 if it's not a lie. Then she made almost 5x profit at all time high price of bitcoin 1 month ago. This is just amazing, I really admire her and you.
Putting savings in bitcoin works!
January 16, 2018, 07:39:43 PM
Who ever said to put your grandma's life savings in one pot? I have never read any recommendations saying so (not that I've read everything). In fact, there were previous posts asking if it's ok to spend all of their money on investing it and most of the answers, if not all, recommended otherwise. Tecommendations center around ensuring sustinabikity by investing it in multiple altcoins and not just one so that if something happens to that one pot, you will still have other investments circulating and making profit for you. Really, you could have taught your grandma otherwise because you are the one with and should have a better understanding of how cryto trading works so my thoughts on this really is, it's sad that you didn't give her a sound advise (should all of this be true, of course) 😉
January 16, 2018, 07:35:42 PM
Maybe your grandma already gain profit because bitcoin reached $20000 before end of 2017. And now bitcoin price getting lower,i think the your grandma don't have any regrets in investing in bitcoin and now she can buy again and wait when the price increase again.
January 16, 2018, 07:27:03 PM
I think you should know and learn what you are going to do or to invest before you invest all your saving specially when it is your not own money. Yes it may be profitable or double your investment unless you have enough knowledge and strategies on how the right process to prevent your loss. You should think first the cosenquences of your action speially in terms of money and investment because it is not easy to save money.And make your own capital because it is a great feeling when you see your capital are growing.
January 15, 2018, 07:37:02 AM
I know bitcoin is popular and many people are earning from it. But the thing about asking someone lifesaving to invest in something that no assurrance in having a fixed earnings well is a no no. If that is my grandma, i dont know how to explain it to her. We all know that they earn their life saving to hardwork and sacrifice. And we can never tell how long they can wait for the return of their investments, they are old already and many things can happen.
January 15, 2018, 07:30:15 AM
I do believe your grandma still loves you, right?
January 15, 2018, 07:28:02 AM
You were extremely stupid to believe anything written here. You were extremely stupid to suggest it to her. She was even more stupid to follow through on it.
That's if any of it actually happened of course.
you shouldn't follow everything that's written here on the forum not everything that you read is real some of those are hoax they just said it or answered it that way so that they have an answers in the forums and if I were I before investing you should know first the rules in investing and does it really works. That's if any of it actually happened of course.
January 15, 2018, 07:21:39 AM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
How soon can we REALISTICALLY see $4200 again and upwards?
You have persuaded your grandmother to invest her money into one of the most volatile markets there is. I don't know if i should laugh or cry.
Believing what people here say is plain stupid. Why do you think that you can believe anything that anyone says here? Anyone can create an account and write whatever they want without any consequences. This being said, this does not imply that there are no valid opinions and true statements. You have to understand one thing: everybody here is saying what they think as a personal opinion. It's always like that. You should read the book The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb. It will open your eyes.
As for your options, you have two:
1. sell to minimize loss.
2. hold until price surpasses what you bought for.
My suggestion is - don't sell until price is above what you have bought. No one can tell you when this will happen. There is a slight possibility that this might never happen. So you have to gamble. But you have already gambled when you invested granny's money so, best of luck to you.
And here you go. Problem solved. Bitcoin is above 4200$ again. In this case you were lucky, hopefully you've learned your lesson. Just for the info - what do you plan to do now? Now you have a choice: you can return granny's money to usd and be thankful that everything ended up ok, or you can choose to be greedy and await further increase. What will you do?
Lol, crazy people are all over. Firstly, why did you listened to others and taken risk with grandma's savings. If its your money then it is quite understandable but putting grandma's money at risk was not a wise decision. As the price is pretty high than what you have bought at, you should en-cash the coins if you don't want to take risk anymore , still there will be a decent profit if you sell the bitcoins now.
January 15, 2018, 07:02:02 AM
Why would anyone involve their grandma in something so risky?
Obviously because they want her to have a shitload of money and a new Lambo. What else? January 15, 2018, 06:57:54 AM
Why would anyone involve their grandma in something so risky?
January 15, 2018, 06:56:53 AM
That's funny, how's she doing now?
January 15, 2018, 06:56:12 AM
This must be a troll thread haha
January 15, 2018, 06:54:23 AM
Turns out $4200 was pretty cheap.
October 19, 2017, 10:52:40 AM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
How soon can we REALISTICALLY see $4200 again and upwards?
You have persuaded your grandmother to invest her money into one of the most volatile markets there is. I don't know if i should laugh or cry.
Believing what people here say is plain stupid. Why do you think that you can believe anything that anyone says here? Anyone can create an account and write whatever they want without any consequences. This being said, this does not imply that there are no valid opinions and true statements. You have to understand one thing: everybody here is saying what they think as a personal opinion. It's always like that. You should read the book The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb. It will open your eyes.
As for your options, you have two:
1. sell to minimize loss.
2. hold until price surpasses what you bought for.
My suggestion is - don't sell until price is above what you have bought. No one can tell you when this will happen. There is a slight possibility that this might never happen. So you have to gamble. But you have already gambled when you invested granny's money so, best of luck to you.
And here you go. Problem solved. Bitcoin is above 4200$ again. In this case you were lucky, hopefully you've learned your lesson. Just for the info - what do you plan to do now? Now you have a choice: you can return granny's money to usd and be thankful that everything ended up ok, or you can choose to be greedy and await further increase. What will you do?
Jump to: