If so, then I can only say that you are very foolish, speculation can only take the extra money to buy BTC, but can not affect the life of money to invest in BTC.
Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 4. (Read 7474 times)
April 07, 2018, 08:58:08 AM
April 07, 2018, 08:51:03 AM
it will only go up. She bought at $4200 
How soon can we REALISTICALLY see $4200 again and upwards?
Lol risking all money of your grand mother is some kind of gambling especially if you dont have a good plan in investing or making your money grow with cryptos...How soon can we REALISTICALLY see $4200 again and upwards?
Although crypto currencies are proffitable the fact that it is unstable and some or most of people are succeeding is becaise they have gokd strategies.. if you plan to hold it for a long time chances are small to grow
March 03, 2018, 11:16:44 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 can clearly see that bitcoin is overtaking the social media hype because of its rapid growth of adaption and most of the people are seeing it as a chance to get out of poverty but I don't really think that bitcoin can help them. You can't always trust people on the internet on how you do or interact on your daily life. Dude, you are old enough just to think twice what's wrong and right Please don't be a fool to listen to somebody's advice. You are risking your grandmother's lifesaving money just for bitcoin.
I just hope that no one would do the same thing and same way as what the OP did. If something not good happened, it was grandma who will be having the hard time the most.
March 03, 2018, 05:59:11 AM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
You were the one who will make the decision, you were the one that will make that decision. It was also you who ask us about our opinion and you were so fool to take the risk without knowing the consequence. Bitcoin is a long term investment. If you are not willing to wait the withdraw. Bitcoin is not for someone who is not willing to wait. How soon can we REALISTICALLY see $4200 again and upwards?
March 03, 2018, 05:35:13 AM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
Don't do foolishness. Bitcoin is a cryptocurrency, its value will get down at any time. So don't take the risk with your grandma's lifetime savings. It's better to put half part into bitcoin,then comoarituvely we can reduce the risk. How soon can we REALISTICALLY see $4200 again and upwards?
March 03, 2018, 05:25:30 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 did that last year, you had probably rich now, i mean your grandma would been very rich now. The price last year went up, that if you sold your bitcoin during those times. But if you invested sometime December and did sell everything, you had been lose something.
March 03, 2018, 05:19:57 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?
I hope now you and your grandmother are happy. $ 4200 - at the moment it's very cheap). Although you did not deliberate and very risky. Everything turned out well. Congratulations!
March 03, 2018, 05:14:42 AM
I can see some comments here and it made me smile. Of course no one in his right mind will invest all his money in bitcoin. It's a stupid thing to do. Most people would advise to invest carefully and you would get the same advice from me.
February 25, 2018, 01:00:44 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?
I guess your grandma is going to leave you alot of money. Or to your parents now.
February 25, 2018, 12:57:47 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?
Have you explained thoroughly to her all the consequences as to what might happen to her investment? Bitcoin's price as of this writing is $9,427.31. That already doubled the price when she bought her bitcoin. Your grandmother had already profited enough on her investment. The big question is what will be her next move? Or your next move? Which is which.
February 25, 2018, 12:37:30 PM
This is a chat forum ,everone got a right to his opinion,this means not all the inputs is 100 % correct,you must still do your own research and then decided what will be the best for you.
February 25, 2018, 12:11:15 PM
it will only go up. She bought at $4200
How soon can we REALISTICALLY see $4200 again and upwards?
I don't agree with you. No one can predict the price of bitcoin. Those who think the price of bitcoin will only rise are foolish to invest in bitcoin. You invest all your grandma's money in bitcoins, and when bitcoin fails, your grandmother loses all her money. How soon can we REALISTICALLY see $4200 again and upwards?
February 25, 2018, 11:47:50 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?
Hi there, any updates about this investment, seeing those 4.2k it seems you almost bought a one half bitcoin on those days. I have notice that you risk the lifesaving money of your beloved grandma and do hope that you purchase it then when the price is much way more lower than today even the fact that bitcoin current price is almost half of the recorded all time high of 20k. I do hope that this goes well.
February 25, 2018, 11:40:53 AM
I hope this isn't true because investing all your life savings in a market which is very volatile that just stupidity. Most people here are buying bitcoins with their spare money or with savings they have. Bitcoin is a very good investment but currently it's still in early stages and some countries banned it already so I don't invest in it it with my life savings.
Yes, your right you explain well about this situation. Putting your all money in one investment is so risky. We all know that bitcoin has no stability in their price.Sometimes the value of bitcoin inclined up and somtimes inclined down. But if you have a wise idea you know how to hold your coin be patiece in that situation you can wait it. So you have in the right track.
February 25, 2018, 11:21:40 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?
Most of the people in the forum do not agree the decision taken by you to advise your grandma putting all her lifetime savings in bitcoin. And you saying that some persons "we"(you) said it you to do this. I am sure no body would have said this you to invest all the savings in one bitcoin. I have seen most of the people advising here and also I am of the opinion that we must not invest all our investments in one instrument only (do not put all the eggs in one tray) as it increases our risk factor.
So I think your claim regarding members in this forum said you to do so is not true. I think you just want to troll some post here.
Now though the investment has doubled but I sincerely advise you to sell some part of bitcoin now and keep this money in some other investment like gold or bank deposit.
Though the decision taken was foolish; but still I congratulate you as the investment value today is more than double. So be quick encash some part of it. It will be better option for your grandma.
I pray for the good health of your grandma. God give her good health.
February 25, 2018, 11:12:11 AM
Investing $4200 in bitcoin depend on your personal Decision. If bitcoin goes up is your luck but if remain like that or drop... She have to wait until bitcoin price goes up for her. And then she can make out profit from her invest. She need to watch the market always... Whenever she notice that the price goes up and she can withdrawn $1000... Let her immediately sell.
February 25, 2018, 11:04:53 AM
Actually it is not a good move or decision. Never ever put ALL your savings in bitcoin or in any investment even if the return is great because we can not determine until when it will go. There are full of ups and downs. Since it is risk taking decision be prepared on what will be the outcome of it. Hope your move would turned out well and make a lot from it and won't regret in the end.
February 25, 2018, 10:19:32 AM
Your grandma right now is probably harvesting what you and her planted a while ago. And probably that is great for you both to do that. That's a nice risk you took. Right now, all I can say is enjoy the money you've earned out of your risky investment .
. February 25, 2018, 10:06:02 AM
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.
I don't know if his/her story is true but if its true it's a stupidity that turned out to be profitable at this time and more profitable if they sold it at the 4th quarter of 2017. That's if any of it actually happened of course.
Not that stupi if she have aready made that 2x return. IMO she should cash out becouse noone know what will be tomorow price .
Putting old people in crypto is rather risky behaviour .
Putting old people in crypto is rather risky behaviour .
That stupidity that the OP told to her grandma turn out to be profitable at this time if her grandma kept the bitcoin until now or sold it when the price is sky rocketing at $19,000 dollars. But even they got a huge profit from that bitcoin investment it is still not advisable to put all your hard earned money on crypto currencies, Imagine if her grandma invested at $18,000 to $19,000 dollar she probably have an heart attack now when she see the price at this moment.
February 25, 2018, 09:52:40 AM
You were told in the form what to do and you went to do it. The gambling approach does not say anything. It's only luck that can wait for you after such prompts. You better rely on yourself.
You can't just believe whatever they told you here. Not because bitcoin is doing good these past years means that you will always win in this kind of gamble. There is always a probability that you will lose. Even if it just 1%, it is still a chance. We must only invest what we can afford to lose. So it's not appropriate for me to just invest all your grandma's life savings.
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