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Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 22. (Read 7442 times)

newbie
Activity: 14
Merit: 0
A tip, it is going to drop further to at least $2600. I hope that gives you an idea
sr. member
Activity: 504
Merit: 250
This cant be real Cheesy... or is it real? anyhow... stupid regardless. You should be very careful when it comes to economy and guidance.. especially within crypto where everything is extremely volatile. Oh well, hope your grandma recovers from the dip.. we are down to 3050 $ now Tongue

sr. member
Activity: 434
Merit: 251
physics, mathematics and engineering
That is exactly why you should NOT:

1) Tell anyone to invest something, this can only result in:
     - He makes profit (you were pretty lucky, outcome will be he will say thank you)
     - He looses money (he will give you the fault and maby even end friendship, etc.)
     --> Don´t tell anyone what to do with their money

2) Tell anyone how great bitcoin is without mentioning that this is only your opinion and that he shall research himselfe before investing anything into it, because even if you don´t directly tell him to invest, he could see you as the guy who brought him to it.
sr. member
Activity: 448
Merit: 265
please please don't tell her if now the price going down , please don't give her heartattack  Cry
hero member
Activity: 626
Merit: 500
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
Hopefully you explain it to your grandma so thats why you convinced her about this but dont tell that because what someone told you it sounds so annoying but it will go up trust and believe of it.
Blaming thing isthe reason why I didn't teach it to friends and tells it tp anyone unless they asked. This is our decision ,the pump and dump ia a normal thing . I already lose half of my investment but I'm not blaming anyone, i was got a chance to earn more befpre thw dump bit didn't mind selling it since it will still increase maybe at the end of the year.
full member
Activity: 228
Merit: 100
hero member
Activity: 910
Merit: 520
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
Hopefully you explain it to your grandma so thats why you convinced her about this but dont tell that because what someone told you it sounds so annoying but it will go up trust and believe of it.
full member
Activity: 294
Merit: 100
As of this post i dont think so if this is good if this is real happen and if it is do so why you are telling that because for what someone told you what you have read here i dont think that it is a right idea.
member
Activity: 86
Merit: 10
that is not a smart thing to do why did you actually do that your grandma will lose al her money because you clearly dont know how to invest and buy and sell you need to have knowledge first before you can do anything
newbie
Activity: 22
Merit: 0
I do not think that this is a real case. But if all the same it happened, then it's a silly act, from the grandson's side, to do something, because someone said to do it. First of all, you need to learn how to use your own head, and only then, you can give advise to someone, especially relatives.  Undecided
legendary
Activity: 3752
Merit: 1217
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

Who told you to invest solely in Bitcoin? If someone here asked you to do so, then please quote the OP. At least a hundred times I have posted here that the Bitcoin (and the other crypto currency) holdings must be no more than 20% (ideally around 10%) of the total portfolio. And what you did? You ruined your grandma, by forcing her to invest her entire savings in Bitcoin. It is not our fault, and it is not her fault. The best thing for you to do may be to reimburse her of her losses.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

The price will recover & she will see profits again, I hope she's not too old though & can hang on for a year or so Wink
member
Activity: 93
Merit: 10
im hope your granma didnt get a heart attack..lol.. what a joke. just how old are you kid???
i think this is the right reaction to this post because why did you do that you invest when you know about something not if other people tell you to do it and that is why you wont make it far because even if you invested you dont know what to do with it.
full member
Activity: 381
Merit: 101
im hope your granma didnt get a heart attack..lol.. what a joke. just how old are you kid???
member
Activity: 471
Merit: 10
QUUBE — First&Only Quantum Resistant Ecosystem
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

woww seriously !! ALL HER LIFE SAVINGS ON BITCOIN Huh That is a very risky and bad advise. Bitcoin is a very volatile currency. She should not have put more than 30% in it .
Don't worry, btc will bounce back and once it does, I advise her to remove up to 70% of her funds off btc and invest it physically
sr. member
Activity: 1190
Merit: 306
While it's pretty clear at this point that this is a joke, there was a video floating around for a long time of a guy on one of those financial network shows, during the height of the DotCom bubble of 2000, saying something like "I just moved my mom's retirement funds to tech stocks, I know it's risky, but these are going nowhere but up!" (I paraphrase, it's been a while)
Finally, a voice of reason.  This behavior happens at the end of every
bull market and I am old enough to remember the old ETrade commercials
during the super bowl and how insane people got about technology & internet
stocks back then.  And I've seen a lot of the same insanity here on bct, too.

I don't believe this guy's story about grandma though.  But I don't doubt there
are cases where people have been led astray by overzealous bitcoin bulls.
sr. member
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
Nothing is sure in this world so becareful in everything that you do,
You shouldn't believe in everything that you heard or read.
full member
Activity: 144
Merit: 100
It will go back up, but the real question is when? It may be in a week or a month but just remember that Bitcoin will always go down and up. How long can you HODL your Bitcoin during the down trend. Don't be a weak hand and fall into FUD
full member
Activity: 406
Merit: 114
While it's pretty clear at this point that this is a joke, there was a video floating around for a long time of a guy on one of those financial network shows, during the height of the DotCom bubble of 2000, saying something like "I just moved my mom's retirement funds to tech stocks, I know it's risky, but these are going nowhere but up!" (I paraphrase, it's been a while)
full member
Activity: 231
Merit: 100
Staker.network - POS Smart Contract ETH Token
well dont give advise to people to invest their savings. Just advise them to put their extra money to put in so they dont get mad at u in case of small losses.
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