I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 15.

chickenado

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Quote from: eternalgloom on September 28, 2017, 06:39:10 AM

Quote from: paolo099 on September 28, 2017, 06:00:55 AM

my father (80 years old) asked me about bitcoin but i wouldn't take responsibility to others money, especially family.. to earn from bitcoin you have to keep your eyes open and check it on a daily basis but good luck and finger crossed for us and your grandmother

I'm the same, many people have asked me to buy Bitcoin for them, but I always say that if they don't know how to buy it themselves, they shouldn't buy it.

I can give them advice on how to use Bitcoin, but I don't make claims on the future value or something like that.
I want no responsibility when someone loses his money.

You have a point there mate! We all know that everything about in bitcoin is unpredictable. We all have ideas on how to advice yet we lack of information to predict things for we don't own the world of bitcoin. With regards to putting all the lifesavings that is above mentioned, it's not a problem if you think it's right then follow people's advice. It's only you who can weigh things out and soon enough you will realize if your decision is perfect for you. Bitcoin investment or for savings is a good idea. If it's not, why would investors keep on entering the world of crytocurrency in bitcoin?Simply because they can trust bitcoin since then.

BADecker

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As of this writing, bouncing around $4200 right now. Cool

orions.belt19

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If it were to be true that your grandma has placed all her lifesavings in Bitcoin, then I would think that it was not wise for her to place every single cent in one place even though that I think that Bitcoin is good place to invest. Putting all your savings in one place is a bad idea in itself, and its important to always have contingencies and back up plans.

Also, she should be able to enjoy her lifesavings. By putting it in bitcoin, its better not to spend it immediately but as an old person, one should be able to enjoy the fruits of their labor and at that age, they should be able to spend on the things that they want with the savings that they have.

helars2008

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I pity your grandmother.
Her lifesavings should be used in a way that she could enjoy. Maybe buy the things she wanted to have or do any other things that could make her happy.
Like pursuing her hobbies..
.
You shouldnt have convinced her to invest in bitcoin.
She wont be needing more money anymore.

Xester

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Quote from: muenze on September 14, 2017, 01:21:09 PM

it will only go up. She bought at $4200 Sad

How soon can we REALISTICALLY see $4200 again and upwards?

I just assume that you are just exaggerating things here. Because even if I know that bitcoin is such a good investment, I will not ask my grandma to put all her savings in investing to bitcoin. I just wished that by now, you already incurred a profit and that you already withdrew your grandmothers money. Though bitcoin is for sure will give us everyone an income because its price continuously goes up.

epinay

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So the price has again grown and your grandmother can redeem the money)

Ariess

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Quote from: muenze on September 14, 2017, 01:21:09 PM

it will only go up. She bought at $4200 Sad

How soon can we REALISTICALLY see $4200 again and upwards?

I think it is your fault. you should always have risk in anything. get used to you always investigate and investigate every wish to make a purchase or investment. it can address your destruction.
but believe me the bitcoin will soon soar again in time.

chip211

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You have made the mistake of advising someone to invest in a risky market, BTC really has potential but it is a big risk, you can not know for sure how much it will increase so do not advise anyone to invest in something too big.

Cult

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Enter the future of gaming

Quote from: muenze on September 14, 2017, 01:21:09 PM

it will only go up. She bought at $4200 Sad

How soon can we REALISTICALLY see $4200 again and upwards?

Hope you told your grandma to sell as son as above $4200, at least 50% of her savings.

muenze

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Quote from: sarojan9980 on September 28, 2017, 08:01:52 AM

grandmother is not need to saving in old age. they want to spend. not to save. they are not trusted on that cryptocurrency.

rich people have a wealthy mindset. they make their money work for them. doesnt matter the age also some are dead at 50 already while others are teens at 99...

if grandma invested earlier in bitcoin like in january go figure....

VanDeinsberg12

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Quote from: hridoyb on September 28, 2017, 06:18:52 AM

Quote from: muenze on September 14, 2017, 01:43:42 PM

My grandma just said her banker will give her a loan on the house today,, she will get 150 BTC for the $500k , hopefully it will rise again soon ?

These china fake news will vanish soon I am sure and Bitcoin is back at $5k in no time.

yes .Just hold your bitcoin for few month or 1-2 year if you donot need emergency money.I am sure you get lots of money that you dont think.Bitcoin rise again and china canot vanish bitcoin.Bitcoin already risen 4194.94 US Dollar.

Is that really the thing that you're thinking now? lifesaving of grandma worth his last years to live. it can be used for buy living needs, grandma don't need lambo or ferrari but need to feel the peace of living without worrying about financial, and put all those money to bitcoin. plain stupid i would say.

sarojan9980

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My Identity Coin

grandmother is not need to saving in old age. they want to spend. not to save. they are not trusted on that cryptocurrency.

GankTem

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I think bitcoin is more like a gambling game. Like if youre lucky enough you have more money from bitcoin. If not you will lose all of your money. But it's not the right thing to use your grandma's money to buy bitcoin.

eternalgloom

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Quote from: paolo099 on September 28, 2017, 06:00:55 AM

my father (80 years old) asked me about bitcoin but i wouldn't take responsibility to others money, especially family.. to earn from bitcoin you have to keep your eyes open and check it on a daily basis but good luck and finger crossed for us and your grandmother

I'm the same, many people have asked me to buy Bitcoin for them, but I always say that if they don't know how to buy it themselves, they shouldn't buy it.

I can give them advice on how to use Bitcoin, but I don't make claims on the future value or something like that.
I want no responsibility when someone loses his money.

hridoyb

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Bitgesell (BGL) Decentralized Cryptocurrency!

Quote from: muenze on September 14, 2017, 01:43:42 PM

My grandma just said her banker will give her a loan on the house today,, she will get 150 BTC for the $500k , hopefully it will rise again soon ?

These china fake news will vanish soon I am sure and Bitcoin is back at $5k in no time.

yes .Just hold your bitcoin for few month or 1-2 year if you donot need emergency money.I am sure you get lots of money that you dont think.Bitcoin rise again and china canot vanish bitcoin.Bitcoin already risen 4194.94 US Dollar.

yoseph

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Quote from: muenze on September 14, 2017, 01:21:09 PM

it will only go up. She bought at $4200 Sad

How soon can we REALISTICALLY see $4200 again and upwards?

Now that bitcoin has recovered to the exact value that you bought it, I hope you can calm yourself now and not fret about it assuming you didn't panic and sell way too early . If you don't have the heart for this kind of thing I suggest you cash out but I really recommend that you hold because we are going to $6000 very soon.

paolo099

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my father (80 years old) asked me about bitcoin but i wouldn't take responsibility to others money, especially family.. to earn from bitcoin you have to keep your eyes open and check it on a daily basis but good luck and finger crossed for us and your grandmother

alien-fx2

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Byteball: DAG, Built-in Chat, Conditional Payments

Quote from: muenze on September 14, 2017, 01:21:09 PM

it will only go up. She bought at $4200 Sad

How soon can we REALISTICALLY see $4200 again and upwards?

Besides not being the safest time to buy, you should advise her based on extensive research, not on what other people say. But if she can hold the coins for the long term, let's say... two to three years, I don't think you should worry too much about it.

glowing10

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Quote from: ?? on ??

lol.

) you are da best. I cant think anyone follow advice from bitcointalk user to invest like you

Certainly I am surprised firstly no one asks to put all the eggs in one basket. its only a portion that needs to be invested and especially with your grandma it should be kept some money for herself as she may require it. I hope you make some money and handover the money back to her and take it alone.

Jaycee99

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Well to the point if this is true and later we dont know your grandmother will leave the earth soon you might use it but still you bought bitcoin? Well if there is a chance 2-4 years later who knows prices might get higher.

Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 15. (Read 7442 times)