Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 21. (Read 7442 times)
September 15, 2017, 10:58:30 AM
You actually are really stupid to do that you don't need to believe everything and do that but why did your grandma accept that? how much did you invest? do you actually know something about bitcoin? i don't think so kid start regretting it.
September 15, 2017, 09:47:26 AM
Cryprocurrencies are speculative, that should everybody know when he/she invests.
But I don't think grandma is in danger.
It's not that she would have lost all her money. She still has 83% of it at the moment, if I calculate it right.
That might be a loss, but actually it is not a very big one.
But I don't think grandma is in danger.
It's not that she would have lost all her money. She still has 83% of it at the moment, if I calculate it right.
That might be a loss, but actually it is not a very big one.
September 15, 2017, 09:30:47 AM
You're really stupid dude. You did it cause someone told you to do that 
Why dare yo do that when you and your grandma don't know about Bitcoin and everything related to it? Before doing anything, try to make a lot of research about it if you don't want to lose all of your money. At this time Bitcoin price is dumped to under 4k$ because of China government so I think you should pray for it rising up soon 
.
Why dare yo do that when you and your grandma don't know about Bitcoin and everything related to it? Before doing anything, try to make a lot of research about it if you don't want to lose all of your money. At this time Bitcoin price is dumped to under 4k$ because of China government so I think you should pray for it rising up soon . September 15, 2017, 09:26:49 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?
if you thought of investing you should have done some study
why buy when the price was high second why put it in one basket
September 15, 2017, 09:23:52 AM
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.
How old is your grandma?These china fake news will vanish soon I am sure and Bitcoin is back at $5k in no time.
It is very big amount of money to trust your words. As far as I know banks don't give loans to old people so easy, especially big loans.
Tbh I think bitcoin will recover and grow up bigger after all this China shit settle down.
September 15, 2017, 09:18:46 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 $4200 again and upwards?
if you are a little patient it will all recover.
there are some rumors all have been overcome. I think this is good news.
September 15, 2017, 09:04:35 AM
Regardless of what anyone says, the money is your grandmother's money so if she bought Bitcoin with it, it was her decision to do so. Nobody can guarantee anything regarding Bitcoin's price.
agree with your words, money is money and the decision should be made and nobody guarantees the price of bitcoin, and if the grandmother can feel the result of bitcoin they save whether the grandmother can feel it with the rest of her grandmother. live but if not 
September 15, 2017, 08:55:12 AM
I am not sure whether or not this post is serious. Yet, if that is the case, then you should not have told your grandmother to spend her lifesaving in bitcoin. To explain, I know that bitcoin is worth buying. But you should not buy it on behalf of your grandmother. The latter spent her lifetime saving. She made an effort while you were clinging to life and playing. What is done is done. Don't worry because bitcoin will go up again and it will reach 5000$ for sure.
September 15, 2017, 08:26:56 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?
just take her to the casino, those old women always hit the jackpots on the slot machines!!! HERE COMES THE MONEY TRAIN!!! CHOO CHOO!!!
September 15, 2017, 08:07:15 AM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
My best estimate is December this year it would hit more than $5,000. Investing on bitcoin is a good choice but putting all her savings is unwise. You should also consider her daily expenses and she also needs emergency funds due to her age. How soon can we REALISTICALLY see $4200 again and upwards?
September 15, 2017, 07:54:49 AM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
Its not bad to be optimistic.But ,investing all of your grandma's money in bitcoin seems not to be a wise decision.You should have explained her about the risks involved in bitcoin investment.If bitcoin price suddenly falls,will she be able to bare it?But,the situation which has arose is due to china's actions and panic selling following it.Very soon,this situation would change.Let's see your grandma's luck. How soon can we REALISTICALLY see $4200 again and upwards?
September 15, 2017, 07:47:57 AM
why did you allow her to take risk at the old age. Investment in crypto is very risky. One should not invest the money that they are not ready to lose. if at all the price goes up, better ask her to sell it immediately. crypto investment is not for the old people. this is like a double edge sword
September 15, 2017, 06:49:21 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?
You have persuaded your grandmother to invest her money into one of the most volatile markets there is. I don't know if i should laugh or cry.
Believing what people here say is plain stupid. Why do you think that you can believe anything that anyone says here? Anyone can create an account and write whatever they want without any consequences. This being said, this does not imply that there are no valid opinions and true statements. You have to understand one thing: everybody here is saying what they think as a personal opinion. It's always like that. You should read the book The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb. It will open your eyes.
As for your options, you have two:
1. sell to minimize loss.
2. hold until price surpasses what you bought for.
My suggestion is - don't sell until price is above what you have bought. No one can tell you when this will happen. There is a slight possibility that this might never happen. So you have to gamble. But you have already gambled when you invested granny's money so, best of luck to you.
September 15, 2017, 06:40:14 AM
'I told my grandma to put all her lifesavings in Bitcoin because you guys said'
I'm new here, but can we see more of these?
Really hoping this is a joke because that is the funniest thing I've read today.
If this isn't a joke, I hope for Bitcoin rise for your Grandmothers sake and the sake of your pride/heart
I'm new here, but can we see more of these?
Really hoping this is a joke because that is the funniest thing I've read today.
If this isn't a joke, I hope for Bitcoin rise for your Grandmothers sake and the sake of your pride/heart
September 15, 2017, 06:30:48 AM
I hope your grandma doesn't check bitcoin price from time to time because she is chekcing now she might get heart attack if she see bitcoin price right now. But if ever she already just tell her not to worry bitcoin price will go up again.
September 15, 2017, 06:25:07 AM
I can congratulate you, you screwed up. How u can rely on bitcoin if it is unstable?
September 15, 2017, 06:14:45 AM
Many people believe and have said all over the years that don't ever trust all what you read in the internet, but I can understand because you are just a newbie so there are still many things that you need to know and understand about bitcoin but don't advertise something like bitcoin, if especially your still learning about it. You may encounter or read a post that you need to put everything or invest it all in bitcoin but its a choice and don't use other people's savings or money for you to experiment. You don't know the future of bitcoin and so do we, the risks is always there when investing bitcoin because its always fluctuating. So if I were you don't use your grandma's savings because we said so, do an experiment and learn everything about bitcoin .Once you learn everything and understand all of it, now will try convince to under people to invest in bitcoin but don't force them.
September 15, 2017, 06:13:06 AM
It should be a joke. How can anyone be so stupid to all his money in Bitcoins?
September 15, 2017, 06:11:33 AM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
Oh god,why did you buy at such a high price,thats a mistake that a newbie does,if bitcoin's price doesnt go above like 6000$ ,you will get a bad profit ,know this for sure,when you invest in something,you have to look in its history and you invest in it only when price drops,other wise the whole point of you investing will be in vain,and the price of bitcoin should probably recover in a week or two. How soon can we REALISTICALLY see $4200 again and upwards?
September 15, 2017, 06:09:49 AM
LAL
Live And Learn
Live And Learn
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