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Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 23. (Read 7474 times)

legendary
Activity: 1512
Merit: 1012
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

Time.

Saving are 40 years.

Bitcoin ATH is 7 days.



"You're Welcome, Weak Hand."
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
She constantly checks out the reddit and everyone there says it will rise again.
Surely you must be bullshitting here.  No one could be stupid enough to invest ~$500k based on Reddit posts, could they?  Am I just underestimating the craziness of humanity?
How soon can we REALISTICALLY see $4200 again and upwards?
Realistically, 3-4 years after the bear market has ended and we're deep into the next cycle.  It's possible that the price will temporarily rebound to there very soon, but I doubt it will last long until the next bull market.

But a doomsday scenario, as ridiculous as it sounds, is always possible enough for it to be crazy to invest your life savings into just BTC.
legendary
Activity: 2702
Merit: 1072
When grandmas are buying its time to sell

Hah, this one gave me a chuckle.   Cheesy

In all seriousness, the price could go either way at anytime.
full member
Activity: 250
Merit: 100

in crypto it all has risks, and that's a risk you have to accept.
moreover you do not study and observe about bitcoin. the basic thing is an understanding and knowledge.

but if you are patient I think bitcoin will rise again.
hero member
Activity: 3038
Merit: 617
Give thanks to your grandma, you'd be millionaire after this dip. Don't forget to ask her password or you'll end up with nothing.
Also send her to the home for the aged after you got the password so you can enjoy without her nagging you every day.
newbie
Activity: 42
Merit: 0
If your grandma wants to sell her BTC, I'm buying Tongue

Just kidding, just tell her to hold on to them and pray for a better day Smiley
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
Making your grandma understand about bitcoin is a good thing, in the upcoming generations this will be commonly used by more users. Anyhow putting all her life savings were gonna benefit her grand children's as the price growth after years will be tremendously high overcoming the obstacles that gets in between.
full member
Activity: 196
Merit: 100
Personal Text: Pre-sale - March 18
And your grand mother invest in bitcoin to have better future?
legendary
Activity: 1302
Merit: 1027
That is why it is always recommended that if you want to buy then buy in split so that on each dip you can buy more and average the buying price.
hero member
Activity: 3304
Merit: 987
www.Crypto.Games: Multiple coins, multiple games
It is completely her wish what she wishes to do with her money. You cannot blame anyone other than yourself if bitcoin crashes, but I do believe its value will rise substantially in the long run. Stay positive. Wink
newbie
Activity: 50
Merit: 0
Come on man! You must be trolling here!

The only reason that makes me think there is a chance that you story is true is that I know some other people have done foolish actions like that. For example, putting all the savings in one fancy stock, which filed for bankruptcy, getting into debt to buy one fancy stock and the like.

You’d had better tell you grandma not to listen to what you say.


Yep. Trolling. But this is a pretty good time to buy. As long as you can avoid watching the price and can hold it for a few years. Just my opinion, but I'm long on Bitcoin.
full member
Activity: 167
Merit: 100
When grandmas are buying its time to sell
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
Come on man! You must be trolling here!

The only reason that makes me think there is a chance that you story is true is that I know some other people have done foolish actions like that. For example, putting all the savings in one fancy stock, which filed for bankruptcy, getting into debt to buy one fancy stock and the like.

You’d had better tell you grandma not to listen to what you say.
legendary
Activity: 1512
Merit: 1000
The Dude Of DopeCoin
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

HODL ?
staff
Activity: 3248
Merit: 576
Join the world-leading crypto sportsbook NOW!
There is always a risk in every investment made, only invest what you can afford to lose is always a good piece of advice, bitcoin price are currently dropping hard at the moment due to a lot of negative news from china as many of the exchanges in china have halted trading. At the moment, it is really hard to predict how the price of bitcoin will goes.
sr. member
Activity: 700
Merit: 254
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

Who knows if it's worth it, you mustn't believe everything that is written here. Investing doesn't require someone permission or influence for you to do it. So don't put blame to those who influenced you to invest if it comes bad. You should be patient if you invested a lot of money. Bitcoin is not just for short- term investment.
member
Activity: 77
Merit: 10
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

Nobody can say for certain when it will be 4200$ again, but my prediction is that it will hit that amount in less then a month.

As for the title of this thread, LOL!
I can't tell if it's a joke or not.

If it isn't your grandma is amazing!
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
Tell your grandma to quit having weak hands

She believes in bitcoin, she just got a loan from her a bank to buy more because she believes it will rise again. She constantly checks out the reddit and everyone there says it will rise again.

You have a very smart grandma.
member
Activity: 110
Merit: 10
Tell your grandma to quit having weak hands

She believes in bitcoin, she just got a loan from her a bank to buy more because she believes it will rise again. She constantly checks out the reddit and everyone there says it will rise again.

Nope, only down from here. Your only option now is to move your grandma in with you until she can knit enough blankets to crawl out from the debt.
full member
Activity: 224
Merit: 157
Tell your grandma to quit having weak hands

She believes in bitcoin, she just got a loan from her a bank to buy more because she believes it will rise again. She constantly checks out the reddit and everyone there says it will rise again.
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