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Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 18. (Read 7442 times)

newbie
Activity: 18
Merit: 0
Could be a good ideia depending how long she is going to hodl ( and i´m not even talking about weak hands here )
hero member
Activity: 882
Merit: 528
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

You serious?
I am sure a retard told you to do that investing life savings in the form of bitcoin.
Bitcoin can't guarantee you pure profits from trading in your case there is still a chance that it might to 4200$ soon but i cant guarantee
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
Lol, you're stupid to buy something that you don't even understand with other people money. Investment always has a risk and there's a reason why people always say invest what you can afford to lose. Just hold it, we are going up again as we're still in the bullish trend.
hero member
Activity: 1680
Merit: 655
Coming from a newbie member, I don't think it is a good move that you make life decisions for her in which her whole life savings depend on it. Because Bitcoin investment has no assurance that your grandma's money will grow overtime it is actually a risky and scary move that if you ended up with a loss both you and your grandma will have trouble in the future. Just like what happened in the recent day where the value of Bitcoin is really lower than your purchase price which it had reached 3000$, a 1200$ difference is a big amount even if your grandma only bought 1 Bitcoin. If I were you, I'll study first before following someone's suggestion.
hero member
Activity: 1008
Merit: 537
Its really funny man that you told your grandma to invest her all lifesaving on bitcoin it's not a good idea but bitcoin is a good way to invest and earn a good profit but not for this type of stupidity man.yes if you want to invest here then you buy some btc but don't spend here your all saving.

If you are a risk taker means,you can proceed. Bitcoin is the best place to inverse your money. You can make all your savings in bitcoin. Soon the price of bitcoin will reach the maximum. So you will get very huge profit soon.It's the best place to inverse your money. You will get double of the inversement.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
Investing in bitcoin is a really a risks you should invest on what you can afford to buy. As many said don't pur your eggs in one basket. Be wise in investing of your money that will give a sure return of profit.
I do not care about other people said. All of my money is currently in bitcoin and I have bought a lot of bitcoin when the price was $600. Therefore, I do not have anything to worry about the price of bitcoin right now. Currently, I am trying to obtain more and more bitcoin from diffrent way. It is a best idea to be rich in the future
full member
Activity: 294
Merit: 125
Alea iacta est
You should never invest a life savings worth amount of money in anything. Even in a project as bright as the bitcoin one. Even though a lot of people are bullish on bitcoin you should always take decision for yourself and only invest the money you are prepared to lose.
newbie
Activity: 27
Merit: 0
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

HODL ?

I'd say the same HODL and then become an bitcoin activist Smiley
Have you heard the saying "Don't put all your eggs in the same basket"?

btw how much did you buy?
full member
Activity: 140
Merit: 100
Do not suggest anyone to trade any currency, it is too high at the bubble level. 
You can not be sure what the most is BTC and you have done something stupid when you suggested to her.
sr. member
Activity: 364
Merit: 250
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

Dear, you just made me sad. I hate seeing posts like "I did this because you told me to." Really now, all you're grandma's savings into btc just because of what everyone said. I won't wonder if one day you'll be scammed by believing someone who offers double your btc overnight. Maybe you stayed and read through Speculations board and held people to their words of btc to reach $5K, $10K and even $15K within the year. Didn't it occur to you to research everything and not relying on people's opinions and speculations. But anyway, to make you feel better we're getting back on track so just wait and see. Maybe we'll be at 4500 again before the month ends but it's just me being hopeful.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
Its really funny man that you told your grandma to invest her all lifesaving on bitcoin it's not a good idea but bitcoin is a good way to invest and earn a good profit but not for this type of stupidity man.yes if you want to invest here then you buy some btc but don't spend here your all saving.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Not good to rush into this sort of thing my friend. You need to learn trading and risk management first.
 Trading Bitcoin is more beneficial in the long-term... If only you and your Grandma can be patient.
hero member
Activity: 966
Merit: 500
take it easy. now bitcoin is starting to rise, and I think it will happen in the next few days or weeks. I know you're worried because bitcoin really had a great dump. but for now I think bitcoin will really rise.
legendary
Activity: 3262
Merit: 1614
#1 VIP Crypto Casino
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

Looks like she's close to breaking even, all the panic looks like it was for nothing. The price has recovered, I hope Grandma is happy Grin

full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
You shouldn't have used all, besides its wrong to invest money you don't own because there are risk. I'm not saying it is bad to invest for bitcoin but risking all your grandmother's life saving is a crazy idea.  Lips sealed
legendary
Activity: 2786
Merit: 1031
Never invest more than what you're willing to lose.

That's one of the golden rules in investments and it's very valid when applied to crypto.

Golden rule by who? If you strongly believe in an investment, why not go all in? Is it because you are scared of failing? Or because its not "WISE"?

How is being scared of failing a good investment strategy? I mean it just proofs you dont trust your investment.

This also means you will never reach TRULY great heights. I mean why hold an apartment thats worth $500k when you can get bitcoin for it instead and double, 5x your money? Sure there is a risk but so is there with the real estate bubble.


Another golden rule: Never go all in.

It is very difficult to predict the future, and belief in something doesn't mean it is going to happen.
legendary
Activity: 892
Merit: 1013
you should persuade your grandma to buy more, maybe she still have something valuable. Anyway she can still donate some organs or be part on experiment on some drugs...
if she buy enough bitcoin, price will grow above 4200$ and then she can buy back her organs and even have a spare kidney or so.
full member
Activity: 308
Merit: 100
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
We might actually see bitcoin reaching that level within period of hours/ days from now or even more. I think you made a great choice by convincing your granny to buy into bitcoin, that was a wise investment move with lots of benefits. The good thing about bitcoin is that it recovers very quickly, and you might start making profit within a period of a few days or weeks. Looking at the current value, $3800, it might takes few hours before bitcoin goes back to the $4000 mark. Lets just be patient and hold our bitcoins.

you mean within few hours it will cross 4000 mark?
copper member
Activity: 560
Merit: 253
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
We might actually see bitcoin reaching that level within period of hours/ days from now or even more. I think you made a great choice by convincing your granny to buy into bitcoin, that was a wise investment move with lots of benefits. The good thing about bitcoin is that it recovers very quickly, and you might start making profit within a period of a few days or weeks. Looking at the current value, $3800, it might takes few hours before bitcoin goes back to the $4000 mark. Lets just be patient and hold our bitcoins.
full member
Activity: 224
Merit: 157
Never invest more than what you're willing to lose.

That's one of the golden rules in investments and it's very valid when applied to crypto.

Golden rule by who? If you strongly believe in an investment, why not go all in? Is it because you are scared of failing? Or because its not "WISE"?

How is being scared of failing a good investment strategy? I mean it just proofs you dont trust your investment.

This also means you will never reach TRULY great heights. I mean why hold an apartment thats worth $500k when you can get bitcoin for it instead and double, 5x your money? Sure there is a risk but so is there with the real estate bubble.

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