Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 20. (Read 7474 times)
September 16, 2017, 11:52:36 AM
That's idiot. What would your grandma do with this money after dying.
September 16, 2017, 10:52:45 AM
it will only go up. She bought at $4200 
How soon can we REALISTICALLY see $4200 again and upwards?
We all don't have any assurance in bitcoin, you are wrong that you told to your grand mother to put all her life savings in bitcoin. It is not a good decision to put ALL, you can put SOME of it but not ALL. And $4200 is not a good amount to invest. It is good if you start to invest for the amount of $3000. How soon can we REALISTICALLY see $4200 again and upwards?
September 16, 2017, 10:46:29 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?
Would be better if you know bitcoin and told your grandma earlier ( 1 or 2 years before ) as for now bitcoin value quite expensive
But don't worry , based on bitcoin graph , it always increase every year so just keep hold even though it's value under $ 4200
September 16, 2017, 10:43:49 AM
why you suggest her to put all of her lifesavings in bitcoin? did your grandma don't need money to buy something for her life? but i wonder how much she bought bitcoin with her lifesavings? because if its more than $20k then your grandma need to wait for a while and you can only hope that she will be patience for this. just hope that we don't have to wait too long to see the price is more than $4200.
September 16, 2017, 12:25:53 AM
When grandmas are buying its time to sell
LOL most underrated comment. /thread
September 16, 2017, 12:23:30 AM
You buy it at the high price, now you just can wait and hold your bitcoin if you don't want to be loss,there is no any ways,
Bitcoin rate is rising now, just wait and hold your bitcoin for a few weeks more and you will get a profit
Bitcoin rate is rising now, just wait and hold your bitcoin for a few weeks more and you will get a profit
There is some good news from China, and the exchange rates have risen by at least 30% during the past 18 hours. It is about to touch the $4,000 per coin mark, after hitting a low of $2,975 yesterday. But I am not sure about the OP. I just hope that he didn't sell his coins when the prices were below $3,000. As I always say, you need to be patient when you are investing in BTC.
September 16, 2017, 12:20:52 AM
advising your grandmother to go all in on something that has risen 33x in 2.5 years was a very stupid decision. You should never take risks with someone elses money.
September 16, 2017, 12:18:46 AM
Don't put your lifesaving depend on Bitcoin as you can see the price fall down sharply few days ago and so your money become unpredictable, Bitcoin is more suitable for teenager and youngster who need investment that can growth, for elder people Fiat is more suitable for emergency usage
The price can go up but it will take times to passed 4200$ so you need to be really patience because the banning can caused the transaction volume to go down
The price can go up but it will take times to passed 4200$ so you need to be really patience because the banning can caused the transaction volume to go down
September 15, 2017, 11:55:09 PM
You buy it at the high price, now you just can wait and hold your bitcoin if you don't want to be loss,there is no any ways,
Bitcoin rate is rising now, just wait and hold your bitcoin for a few weeks more and you will get a profit
Bitcoin rate is rising now, just wait and hold your bitcoin for a few weeks more and you will get a profit
September 15, 2017, 11:46:14 PM
In Coinbase, the exchange rate is around $3,830 per coin right now. Considering that your grand mom bought her coins at $4,200 per coin, it represents a small 9% decline. If you want, you can pull out of this and convert the BTC back to fiat. But I'd advice you to hold on. Bitcoin has survived extreme FUD from China and the JP Morgan CEO. I have a feeling that the prices are going to increase sharply in the coming days.
September 15, 2017, 11:37:42 PM
If this is indeed real. Or if this is just a social experiment Why would you that? I mean my rule in investing here is to know what you are willing to lose and what you are willing to gain. And not using or betting someones money but yours. Should be yours so no matter would happen it was your decision.and you have to stand for it. Always remember that this is a gamble especially if you are into trading. Was done is done. Just take pride on whatever decision you make if you think it is reasonable enough.
September 15, 2017, 10:52:45 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 $4200 again and upwards?
Oh no! That is why you really need to decide on yourself and not just act on what others have to say. Do not just trust them readily 100%. That is suicide of you to just do that. Actually, you may ask some questions here but do not take them as the entire truth conclusively. Some may guide, but some also put you at risk. At the end of the day, do not blame these people.
September 15, 2017, 10:48:47 PM
You have to exercise extra caution when doing recommendations specially with your grandmother.
Perhaps she bought Bitcoin because she believed in you but not because she understood about it.
It could result to be your greatest regrets when something not turn into your expectations.
We believed in Bitcoin. And hoping it could bring good opportunity to everyone of us.
Perhaps she bought Bitcoin because she believed in you but not because she understood about it.
It could result to be your greatest regrets when something not turn into your expectations.
We believed in Bitcoin. And hoping it could bring good opportunity to everyone of us.
September 15, 2017, 10:35:51 PM
If this is true story =))) You must be crazy. please dont follow any advice on bitcointalk. You must make your decision. I hope price can back to 4k5$ for you get back your invest
September 15, 2017, 10:31:28 PM
Why would you do that ?
It's her money ? Elders wouldn't understand and it will make her think uncertainty which n the real world she must not feel. Grand mothers should be relaxing. If you are going to invest. Ask her and just a part of it not everything. Grandmothers are old and their savings is their security.
It's her money ? Elders wouldn't understand and it will make her think uncertainty which n the real world she must not feel. Grand mothers should be relaxing. If you are going to invest. Ask her and just a part of it not everything. Grandmothers are old and their savings is their security.
September 15, 2017, 10:24:06 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 must have forgotten to read where its being said also that you put what you can afford to lose but enitre life saving does nor fall into that category if you ask me because of the uncertainty that surround this crypto space. However, the decision has been made, the only option is to wait as that be the best decision your grand ma ever made don't panic and all this will clear in due time.
September 15, 2017, 10:16:22 PM
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.
That's if any of it actually happened of course.
Lol don't worry. OP is just making shit up. My Grandma would never in a million years invest in something that isn't tangible. She just doesn't understand it.
September 15, 2017, 10:08:40 PM
Always remember do not put all eggs in one basket. Learn to diversify your investment. And as I see, it is not your own money so why not risk your own first. Do not be dependent on what you see on others. Be knowledgable enough to make your own decision. It is your own money or worst it is not yours.
September 15, 2017, 08:46:42 PM
We don't really know when will its value climb up again. Don't worry. What you did was not wrong. The price of bitcoin will rise once again. Just be patient. Buying and selling bitcoins require a lot of time. Keep on monitoring the price of bitcoin so you will know when to exactly sell bitcoin.
September 15, 2017, 02:42:49 PM
let god save your grandma's situation
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