Topic: Losing your life savings on BTC? Hurting everyday? - page 5. (Read 854 times)
Don't be afraid, it seems that most bitcoin investors are looking for fast profit rather than do long time holding. Don't ignore the fact that bitcoin future is very bright. Bitcoin is the best online payment methode for this century, even bank have online banking but bitcoin also have other advantage that is can be considered as investment . Just wait until bitcoin adoption is going further.
People buy lottery ticket all the time, that’s total fine, spending $5 here and there for fun. But if you mortgage your house to buy lottery tickets you are crazy.
Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
If this is the case for a certain someone, then that's his fault. I mean why did he even think of spending his life's savings on one investment?! That is called st...not being smart! Taking the risk is definitely the only way to earn. But it also requires us to be smart at the same time! Good thing is that Bitcoin will certainly recover in the coming months. When that happens it would be wise to use his earnings to build his portfolio. Invest in other coins which are under valued. That would be the best thing to do.Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
I am completely in agreement, the currency is not to blame, it is the strategy that we adopt as investors that will generate the success or failure of the investment.
Be wise and wise. That is why you only buy what you can afford to lose so if you really lose it, you will not mind it at all. Try to get the feel of it first and try to get started in small quantities.
I think we should invest everything into BTC. Maybe only 1/5 of our money because it is a great risk and everything can be ruined and fall down. We should possess extra money and analyse our budget
I agree, you must know how to balance everything especially your money. If you will give everything that you have to bitcoin then it is very risky becauae once the bitcoin price fall, you will also lose your money. Be wise and knowledgable. Never put everything here just because it has a big value because still it fall sometimes.
That is why you only buy what you can afford to lose so if you actually lose it you won't mind it at all. Don't go crazy and sell everything you have and buy bitcoin specially when you are just starting. Try to get the feel of it first and try to start with small amount. Then you can add some more if you feel more confident.
If the price goes forget about your bitcoin for a while to avoid losing life savings and hurting heart everyday because last few months the bitcoin and all cryptocurrency are in trouble to be patience to avoid stress in crypto investment.
People buy lottery ticket all the time, that’s total fine, spending $5 here and there for fun. But if you mortgage your house to buy lottery tickets you are crazy.
Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
Using money that you will not regret or make you poor if you lose it. if you lose everything. sometimes everything does not always run with expectations.
Wise in managing finances and investment choices should be done before doing anything with finances.
be wise and realistic is greatest way to survive and safe trading in crypto market.
People buy lottery ticket all the time, that’s total fine, spending $5 here and there for fun. But if you mortgage your house to buy lottery tickets you are crazy.
Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
Investing in bitcoin is like a gamble like lottery. Well, in a lottery, you will spend less than in bitcoin but the higher chance of winning. Although the market is not good at the moment but for sure it will come up again and you will have more profit than spending your money in a lottery everyday. Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
It is always recommended again and again not to invest more than the loss-bearing capacity of the investor. Bitcoin and crypto industry is still in the early phase of development and no one is sure what is going to transpire down the road so in worst case scenario the investor might lose his entire capital invested in the market so he should never invest the amount which he can not afford to lose. In fact, it is recommended not to invest more than 5% of investible surplus.
I think we should invest everything into BTC. Maybe only 1/5 of our money because it is a great risk and everything can be ruined and fall down. We should possess extra money and analyse our budget
People buy lottery ticket all the time, that’s total fine, spending $5 here and there for fun. But if you mortgage your house to buy lottery tickets you are crazy.
Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
In every investments, whatever it is, you must take some reservations. You must reserve some time, money and effort so that it is not so hurting and you will not lose everything.Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
Why so many people are so bitter in life, don't take the ilusión of one person, let's say yes they spend 5 bucks every week more or less they have chance to win. Or they spend some money in BTC at least they have chance to become rich.
Life is too short to wait in lines like everybody else. One of the rules of making money is to avoid the crowd. People who go to work every day to earn the income that's below the average in the area are never going to become rich. Rich people are innovators. They start their own companies, invest where others are afraid. They don't wait until someone tells them to go in. By then it will be too late! Let OP wait for his $100 Bitcoin while telling others when and how much to invest. We'll see how he ends up in a year or two.
I can guarantee you wont loss your life savings on BTC, No matter the present loss, BTC is sure to pump after the correction, downward and upward movement of coin prices is a norm in the BTC space, you do not need to panic or withdraw due to the bearish market season, check through the market trend over the years, you will observe the changes over the years
Quite unfortunate for the affected victim. Trust he/she must have done that but of promises of gaining more investing. If there's is anything I've come to understand in this business, is to invest with an amount you can afford to lose.
In the OP it is stated that more cryptocurrencies with potential to defeat bitcoin is gonna get used. Fort the same no perfect reasons were mentioned. With this it is clear that potential of bitcoin is out standing and none of the assets has got the strength to stand against bitcoin. None has lost their life savings investing into bitcoin few exceptions might be there which were of the users self mistake.
It is advisable to invest the amount of money you know that it will not affect you if you loose. I know that no body can put his or her life saving in bitcoin. If not because of some risk involve. Bitcoin would have been the best place to keep our life saving.
Yes I agree and i have also same experience with and it's really hurt to see everyday that the crypto we invested is slowly decreasing but we don't have any choice than to accept and wait for the right time until the cryptocurrency market will rise and make some people profitable.
I think violation of investor rules is the worst thing that can happen to a person who came to investment
People buy lottery ticket all the time, that’s total fine, spending $5 here and there for fun. But if you mortgage your house to buy lottery tickets you are crazy.
Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
That's good analysis but not the rules, in cryptocurrency you are not buying a lottery, because you can only have one chance, compare to when you invest on cryptocurrency, where you have a change either you lose some or win big time, but it's always up to you to do a escape route. Same thing with bitcoin. Spend a few grand for chuckle is fine, chances are you won’t see your money again. Heck I would pick up a few bitcoins too when it drops below $100.
If you spent your life savings buy Bitcoin, get out now while you still have something left! New crypto currencies are coming to replace BTC. Stop torment yourself everyday watching your money goes into red day after day after weeks after months.... you will spend your retirement working at McDonald’s trying to earn it back!
what comes to people for them to sell their life belongings for bitcoins which is highly risk investment without any certainty?. It is better to trade in bitcoins and make profit from the rise and fall of it price than holdl.
People who does those are really crazy, most people take up your suggestion and they make sure that they keep eye on it. Jump to: