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Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 2. (Read 7474 times)

newbie
Activity: 70
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 )
newbie
Activity: 94
Merit: 0
It was not advisable to do that, Lifesavings of your grandma is very important to her because it will be needed by her for her needs and medicines and other necessary things. However since you made decision already, then you need to handle it properly so that the lifesavings of your grandmother will grow and she will be proud of you.
full member
Activity: 378
Merit: 100
Why should the grandma have to invest in it? We know the bitcoin has a great change that the has increased. Why not just invest in it be with your grandma she do not know about bitcoin and how to trade coins on the exchange you just give it to your grandmother when you earn a lot of money.and ask your grandmother if she want to invest to bitcoins when she saw that you can get profit from bitcon.
sr. member
Activity: 560
Merit: 260
newbie
Activity: 210
Merit: 0
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

Do not put your life savings or anybody else. We know the risk is big enough to understand. You should take a step to learn more not just raw data and speculations. Yes there is money in bitcoin be sure not to put all your savings so that if you lose you still have some resources.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
Whether what you said is true or not, it doesn't really matter. There's no way a few people  could say that the is going up because the market value will move according to a collective effort. Regardless of anything you should not encourage someone with things that you don't have faith and trust in, cause if things goes shit, it well reflect poorly on you.
You both are lucky because you invest on bitcoin. But my advice is that dont put all your grandma’s money to bitcoin for now. Yes, you can take advantage of the low price of bitcoin but it will not guarantee you a big return on investment. You should be wise and consider the effect of putting all her money to bitcoin. Bitcoin is really unpredictable right now. You can lose more than you expect. But if the value rises quickly, you are very lucky because your earnings will be big.
newbie
Activity: 82
Merit: 0
Whether what you said is true or not, it doesn't really matter. There's no way a few people  could say that the is going up because the market value will move according to a collective effort. Regardless of anything you should not encourage someone with things that you don't have faith and trust in, cause if things goes shit, it well reflect poorly on you.
full member
Activity: 560
Merit: 180
I'm Matured Now
Man this is not even yours!why did you do that.you can risk for your lofe not for others.im not saying that you might lose the money but what if it happen?but i will also say it is a risky smart choice.as the price is a way more better.so keep it up
newbie
Activity: 90
Merit: 0

I am wondering where is the OP now and what they did with gran's investment.
sr. member
Activity: 812
Merit: 250
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
Its good that you took the advice...but my question is did you cash out when the price of bitcoin was at its highest?

If you did you are the biggest winner if you didn't you still a winner as the btc price is way over the buying price and i think long term investments in bitcoin should be for the younger people who have time to wait and enjoy their money in the future and not our elders who need any financial stress!

No matter what other people say, it should still be you to decide what to do. You still have to think wisely every step you take. And your decision should be for.your own actions not for others so they will not blame you in the end. Anyways, believing in the future of bitcoin, hoping that would be a good decision. But maybe grandma would not be the one to.benefit anymore.
sr. member
Activity: 476
Merit: 250
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

It is kinda risky for you noth because that is the money of your grandma and that is not yours and whats gonna happen if that money will lose what happen to your grandma she will blame you because of that thing just make sure that you will have a lot of patience because bitcoins are gonna be a long term investment and make sure you have the guts to wait for that because you will cause you own grandma a bad thing she doesn't have any work and you took her money just for your personal want
full member
Activity: 581
Merit: 108
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
Its good that you took the advice...but my question is did you cash out when the price of bitcoin was at its highest?

If you did you are the biggest winner if you didn't you still a winner as the btc price is way over the buying price and i think long term investments in bitcoin should be for the younger people who have time to wait and enjoy their money in the future and not our elders who need any financial stress!
newbie
Activity: 9
Merit: 0
Telling grandma to invest all her money in bitcoin was in wise discission because no one can predict cryto currency
newbie
Activity: 196
Merit: 0
Even though if this is a joke or something, doing this is risky and quite stupid. Before investing on bitcoin you must have a proper knowledge on the technology. Don't just jump into it just because you got encourage by someone. Understanding bitcoin first will give you a clearer and better view wether you are truly committed to investing.
newbie
Activity: 127
Merit: 0
Nice post mate. You made us very sorry for your grandma. Don't ever believe on what was only written here. Study for your self and learn how to earn money. Bitcoins was legitimately true but investing your grandma's life saving was too stupid. LMAO
sr. member
Activity: 1470
Merit: 325
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.

if you wouldnt have had 1119 merit i would have given you some.
member
Activity: 686
Merit: 39
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

What an evil grandson to told his grandma to risk all her lifesavings only in a type of investment (bitcoin). There's nothing wrong with investing bitcoin but just don't put all of money in it. But you're lucky that the price now is above your grandma's buy price. Your grandma can still get more than 50% of profits if she sold all of her bitcoin now. (Regardless whether your story is real or not)
newbie
Activity: 9
Merit: 0
Telling grandma to invest all her money in bitcoin was in wise discission because no one can predict cryto currency
member
Activity: 516
Merit: 38
Bitcoin is indeed a very good investment. The future is also very good. But after all it is investment, investment will be risky. I suggest that you should not allow Grandma to invest in the final life-saving money.
But what if you don’t take risk and don’t cater about what you have to achieve. For getting bigger things, bigger efforts have to be made with bigger risk takings. So in any condition just check whether your goals are bigger or normal. In the case of first one, don’t just think of risks and try to cater them, handle them carefully. So things will be easier for you, be determined.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?



It is still for you to believe and decide for it because it includes your grandmothers savings. Yes, we all know that bitcoin is profitable bit I believe that it is also risky since it is volatile so we must still set limits for it because we might lose if we invest all our earnings and savings in it.
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