Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 12. (Read 7442 times)
October 13, 2017, 03:00:08 PM
Your grandma must be happy at how things are looking right now haha
October 13, 2017, 02:59:53 PM
It's very funny to see this topic now the price already soar to more than 5500. One thing that can be learned from this is don't panic and keep holding as long term bitcoin is very good.
October 08, 2017, 05:15:26 PM
Honestly it is a great and smart idea, you should do it for your own future. I will suggest it also to my grandma and grandpa because it will really works. But the first thing I should to is to inform them and discuss them what is the bitcoin because they will not believe to me if they don't know how bitcoin works. I hope they will agree.
October 08, 2017, 04:10:16 PM
Normally I'd say it's a bad thing to listen to strangers on the internet but good for you! Your grandma is going to have something great to pass onto you when she passes.
October 08, 2017, 12:29:17 PM
Your grandmother is truly a wonderful person! She listened to her granddaughter's suggestion and then she looked out for it in reddit before taking this very bold decision. Your grandmother is really fit as a role model.
Yeah the grandma is the great and the grand daughter is also very great that she was thinking about the profit for the grandma the value of the bitcoin is increasing and the importance is also very high. The people are investing into bitcoin because they want the secure and the safe future so the money needs to invest so that it will be very high. 
October 08, 2017, 11:48:17 AM
it will only go up. She bought at $4200 
How soon can we REALISTICALLY see $4200 again and upwards?
You are a member of the forum so I would assume that you know how bitcoin's price fluctuates right ? Why'd you let your grandmother but bitcoin at such a high price, and it's even her life savings? It would be better if you waited for the price of bitcoin to go down then invest not all of your grandmother's life savings. How soon can we REALISTICALLY see $4200 again and upwards?
October 08, 2017, 11:30:15 AM
It's nice to see that your grandmother has so much faith in your investment prowess 
Still depending on where your grandmother lives this might prove less risky than fiat.
Still depending on where your grandmother lives this might prove less risky than fiat. 
October 08, 2017, 08:05:44 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?
Why did you do that ? You are not so sure to what will happen to bitcoin on the next day. Maybe bitcoin will rise again but again we are not sure when this will happen. But sir that is the craziest thing to do. I will not do it if I were you. Have you ever think about the consequences you have to face when you do it? You know bitcoin price fluctuates every second. And you think of buying when the price is high? Maybe this ywar bitcoin increses its price again but it is just a "MAYBE".
I am also imagining right now your reaction when the price goes high. You will be very happy and this will be the unforgettable decision you ever made.
October 08, 2017, 07:35:35 AM
I told my grandma to put all her lifesavings in Bitcoin because you guys said
Wow!
Assuming this is not troll for a moment..
Then she in the future she's either going to be on the moon or very depressed.
Sorry OP, but i think this is fake lol
October 08, 2017, 06:39:47 AM
I hope this is not all your grandmother's savings. 
If I were a grandmother, I would not have invested all my money in beatcoin, it is falling, it is growing, but it all comes gradually, and a significant profit from the deposit will not come soon. Health to your grandmother, but to invest such a sum of money recklessly. It was worth it to spend for more pleasure, so that your grandmother lived her last life in positive
If I were a grandmother, I would not have invested all my money in beatcoin, it is falling, it is growing, but it all comes gradually, and a significant profit from the deposit will not come soon. Health to your grandmother, but to invest such a sum of money recklessly. It was worth it to spend for more pleasure, so that your grandmother lived her last life in positive
October 06, 2017, 08:37:17 AM
if this amount of money is the only asset for your grandma then you have taken a risky step because you don't know what will happen in the future, Bitcoin price is very much volatile and you can't control it. but if you have a proper knowledge about Bitcoin then you may gain a profit margin. so that I never suggest anyone invest his or her only the last resource.
October 06, 2017, 08:11:17 AM
I don't really believe in this story, to be honest. But if this is so, maybe you should try to invest not only in bitcoin, but also in some promising alternatives? Fortunately, there are a lot of them now. I think this will increase the chances of earning money. But, of course, be careful, choosing
October 06, 2017, 07:51:30 AM
Dont rely anything in bitcoin because the price is volatile i think the best for all is to earn in job here and withdraw that not for savings so the reason is someone here that you do that so dont angry to them if you failed in that actions that you do because someone also stop you like me to not do that
October 06, 2017, 07:49:11 AM
oh men why you didnt research,dont act like a full.maybe you made a good decision maybe not but why you gambling.you have to make investment not gamble with your grandmamas money
October 06, 2017, 07:45:55 AM
A very good story, but if that's gonna happen I think it’s your fault for telling it only in terms of its benefits without telling its risks and its volatile nature.
October 05, 2017, 10:53:19 PM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
Are you really serious with that mate?How soon can we REALISTICALLY see $4200 again and upwards?
Do you believe what most of the people here are saying and also suggesting it to someone. While in fact most of the people here are just hoping too on the possibility that bitcoin will increase and most of what they are saying are just a mere opinion and no support but the candlestick and news shooting from different part of the world.
On your title, you look like you are blaming the people here who are just saying there opinion. You should read more and understand how they conclude on why they think bitcoin will pump soon, instead of saying "because you guys said that..".
REALISTICALLY no one knows when. There are a lot of factor to consider and the events are highly unpredictable.
October 05, 2017, 10:37:21 PM
Hey
Here are some points that you should remember:-
Bitcoins are expected to hit 8000$ this year
They are expected to reach the value of 5000$ by the end of October
What I suggest is ..cash them out when you guys are in profit.
Then whatever you earned use it to buy more bitcoins and rest of the investment she made let it sit in a bank.
This way she won't have to worry about her money getting wasted at all.
Here are some points that you should remember:-
Bitcoins are expected to hit 8000$ this year
They are expected to reach the value of 5000$ by the end of October
What I suggest is ..cash them out when you guys are in profit.
Then whatever you earned use it to buy more bitcoins and rest of the investment she made let it sit in a bank.
This way she won't have to worry about her money getting wasted at all.
October 05, 2017, 10:30:25 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 posted this thread last September 14 and currently, the prices of bitcoin are around $4300. To answer your question, this month showed a constant increase on bitcoin's price and is showing good signs for investments. If you see the need to cash-out the lifesavings she bought, then there will be profit garnered by your grandmother. It all depends on her decision whether to treat it as a long-term investment or short-term profit. Lastly, even if the people here on the forum told you some suggestions, the ultimatum of the decision primarily lies within your shoulders.
October 05, 2017, 09:59:46 PM
You've got a good idea, But your grandmother also needs it because she's old and she needs to sell her medicines to her illnesses, But if she has enough money, but you say that She has all her money how if something happens suddenly. And your grandmother's money is invested in bitcoins that has fallen in price? How is it now?
October 05, 2017, 09:11:39 PM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
Well putting all your money in BTC is kind of risky.How soon can we REALISTICALLY see $4200 again and upwards?
You should check the price fluctuations in short period and buy when the value is min.
See bitcoins are digital currency so your grandmother should and must know how to operate a wallet and actually use bitcoins.
Converting the whole I to BTC could be risky because the prices may seem always increasing but we never know what will happen in future.
I would have suggested to put like 50% of the savings instead of all in.
earned almost 3.5% in 15days, now tell me if its risky. its the way you handled it, if you aim for a 100% earnings or a double your money scheme then that is way too risky.
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