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Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said - page 7. (Read 7440 times)

copper member
Activity: 224
Merit: 0
Investments decisions should be made only by yourself. No pressure from others only if you completely like the idea. Cash out when it will blow up, don`t wait till it go to millions, cause market is very volatile and it can drop down to 1000$
full member
Activity: 434
Merit: 102
I think your grandmother can earn a high profit from her investing money in bitcoin because her price now is 10270$
newbie
Activity: 65
Merit: 0
You are stupid enough for making decision based on mere hearsay. There's no guarantee on everything... You invest your grandmother's money when she should be using it on her age... Investing/Making money is for young ones, When you are old you should be using it. 😑
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Who does that...one should never put all his life savings into na business, things are meant to be done gradually to monitor the ou come before investing big

If the OP was not trolling, then his grandma got 150% returns in less than two months. Is there any other asset which gives this much returns in such a short duration? It was an extremely risky move, but as the saying goes: fortune favors the brave. They took the risk, and got rewarded for it.
jr. member
Activity: 132
Merit: 1
If this is true, then I just hope you have informed and educated your grandma about the risks of this investments even before you put all her life savings into it. If she is well informed and willing to take the risks then let's all just wait and see, hopefully it turns out for the best.
hero member
Activity: 1610
Merit: 507
You did right if you invested money when it is going down. But if you invested  while going up you did wrong because then the price may suddenly fall

but still, it is not good that he told his grandma to put all her life savings in bitcoin because his grandma still money to buy something that she wants. although he can buy bitcoin at the lower price, she needs to wait until the price increase back and she also needs to continue her life by buying food. and if she put all her money in bitcoin without any of member family support her to buy something, then I don't think that his grandma could buy something.
member
Activity: 258
Merit: 10
Now it seems that your decision is not wrong, but don't you think it's too risky to do the same thing in the future? What would your grandmother's life be like if the price of bitcoin had been falling?

full member
Activity: 252
Merit: 101
I don't know if this is true or this guy is just making fun on this site.
But in case it is, well all I can say that there's no guarantee.
You should learn intelligently especially here on the business world.
newbie
Activity: 24
Merit: 0
You did right if you invested money when it is going down. But if you invested  while going up you did wrong because then the price may suddenly fall
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
You are fool. I dont think anyone ever said to put all of the life savings to bitcoins It is volatile in nature and its price graph cant be predicted.

He bought at $4200. The grandma is a millionaire by now. Stop saying stupid things if you haven't even read the first post!

very very bad idea. it was very reckless. it was not necessary to use all the money

It was but you only live once and fortune favors the bold. If this wasn't a troll topic I'd like to personally congratulate the lucky grandma Grin
full member
Activity: 406
Merit: 100
Your grandma is a lucky person to know at her age about bitcoin. My grandparents are too old for technology so they are not interested in such things
newbie
Activity: 82
Merit: 0
I would not recommend doing such things. If she wanted she could buy some of bitcoin but she should not invest all her lifesaving. It's just isn't right. No one can predict the price of bitcoin. So putting all money in BTC would not be a right thing to do.
full member
Activity: 196
Merit: 100
it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

Looking back now. Since she bought it at the 4.2K level with BTC hovering around 9-11K, you have practically dodged a bullet that will haunt you. If things went south, she would have seen her savings go down the drain. Hopefully, you don't do it again for people you love since investing in cryptos is very risky. Well, it's all in the past now.
jr. member
Activity: 294
Merit: 1
Investment is suppose to be a personal decision, regardless of what people might have said concerning it you need the mind of your own. your grandma believe in you before she drop the money so she need you at this point to let her know there is hope for her investment. in the next few weeks bitcoin will begin to spring up gradually just calm he down for better tomorrow ahead.
newbie
Activity: 14
Merit: 0
very very bad idea. it was very reckless. it was not necessary to use all the money
newbie
Activity: 62
Merit: 0
You are fool. I dont think anyone ever said to put all of the life savings to bitcoins It is volatile in nature and its price graph cant be predicted.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
$4200 is a really good price now! LOL!
full member
Activity: 350
Merit: 107
Why did you do that? Have you know that investing in bitcoin is very risky? Most of the people here said that investing in bitcoin was just like putting all your eggs to one basket. It means you have to know why investing on it was so very risky, just because bitcoin was so volatile. It was very unstable regarding of its value. As of now because you invest already, you must have to hold it and wait for it to increase again so that you wont loose a very big amount that you invest.aa
jr. member
Activity: 44
Merit: 1
Gutsy move! All or nothing. You and grandma must be living in luxury right now. Do us a favor. Don’t ever do that again. You might not get lucky the next time.

Now here grandma will invest herself. Once a person tastes success with bitcoins, it is hard to resist.
newbie
Activity: 70
Merit: 0
Who does that...one should never put all his life savings into na business, things are meant to be done gradually to monitor the ou come before investing big
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