You have to see the bigger picture and you are clearly lacking on that. I do have to agree with you that people should only invest what they can lose and not 100% of their life savings... that is just plain dumb. 
Topic: Losing your life savings on BTC? Hurting everyday? - page 7. (Read 856 times)
Haha I guess you are a "buy high, sell low" type of person ha? You have to see the bigger picture and you are clearly lacking on that. I do have to agree with you that people should only invest what they can lose and not 100% of their life savings... that is just plain dumb.
You have to see the bigger picture and you are clearly lacking on that. I do have to agree with you that people should only invest what they can lose and not 100% of their life savings... that is just plain dumb. 
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!
Lol...very funny indeed. So why are you here? Anyways do you know that getting out of Bitcoin is likely to be equivalent to getting out of crypto. How many of those new currencies you're talking about have actually made a great surpass against Bitcoin. Everything depends on BTC for survival so as for me, I'm for team Bitcoin. Every other alt is alternative. Anyways the alts are good but BTC holds the dominance (we need to accept that fact). 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 think that getting out of Bitcoin when it's at a minimum is not reasonable.
Everyone should know that it is impossible to make a profit without taking risks, so do not invest all the savings and spend money on a sedative.
You need to invest wisely, the amount of money will not be critical for your life.
Everyone should know that it is impossible to make a profit without taking risks, so do not invest all the savings and spend money on a sedative.
You need to invest wisely, the amount of money will not be critical for your life.
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!
Who are those acting foolishness that will spend life saving to buy bitcoin?dont they know the motto of cryptonians?"Invest What You Can Afford to Lose"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 you dont know this and you made that foolish decision that's Craziness and Noob actions,neverbe that investor because it can kill lives
You see stories of people selling their house just to buy Bitcoin, just like this guy from The Netherlands:
http://uk.businessinsider.com/didi-taihuttu-sold-everything-for-bitcoin-fans-2017-12?r=US&IR=T
He's living with his family on a campsite, waiting for the next crypto boom.
I personally think he's stupid and the fact that he's done this while he has children is pretty appalling.
What if there's a sudden medical emergency, causing him to have to pay thousands of euros? Even with a decent healthcare system, that's still possible.
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!
Who are those acting foolishness that will spend life saving to buy bitcoin?dont they know the motto of cryptonians?"Invest What You Can Afford to Lose"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 you dont know this and you made that foolish decision that's Craziness and Noob actions,neverbe that investor because it can kill lives
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!
Smart people buy lottery ticket now and then, nothing wrong in that, but also smart people invest only what they are willing to lose. Your post also show you are just one of week hands on which big players make fortune these days. If you invest in BTC when price was 10 000+ $ your coins are lost value, but you still have them and their value may increase in a few months or maybe years, so nothing is lost.
On the other hand if someone believes that BTC will die again, like is dying xxxx times in last 9 years it is better to sell and solve the everyday concerns about working at McDonald’s to the end of life.
How many people here lost big on BTC? Stop the madness now while you still can! Russian government will soon flood market with crypto currencies
nothing todo ,
still hold..
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!
Maybe you're right sooner or later other cryptocurrencies will replace the lead of bitcoin someday, but it seems like and i feel you are only here to spread some fud 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!
, you are not concern at all in my opinion.
we all take risk in life but when we take risk let us take a smart one. investing all your life saving is not wise. I will you cope with difficulty that comes when you lose your money. A few month ago I read a comment about an ICO investors on telegram talking about How He lost his retirement money on Denaro Scam. he felt depressed and he was thinking of suicide. for me I do not think it is a wise decision to do that. putting all your saving on bitcoin is not ok as well
I agree, you can invest but do not use all your money, you have to leave a little for your own needs, something stupid when boldly sell all the assets that have to play in the world of crypto.
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!
I see resentment speaking for you. Because the prices are dropping it doesn't mean they won't grow again. If you can't imagine that, then why are you even here? Just go to buy your lottery ticket if you think it's same
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!
Maybe you're right sooner or later other cryptocurrencies will replace the lead of bitcoin someday, but it seems like and i feel you are only here to spread some fud 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!
, you are not concern at all in my opinion.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!
I invest on btc the amount which I can afford to lose so even the price is keep on decreasing I don't give a damn on it. But still i don't lose my hope that it will going to bounce back very soon.
Patience and risk diversification are very important in the cryptocurrency market. This must be understood. If you do not have time to understand this yourself, it's better to transfer your investments to professionals.
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.
HODL is the answer yeah, but OP guy said true, soon will be new currencies that will kill bitcoin, blockchain is great technology, BITCOIN ISNT!
Why are you so certain that something is going to replace Bitcoin? Why would any cryptocurrency replace it? So far no one was able to create cryptocurrency which would overcome Bitcoin. I don't mind seeing a lot of red on the market. How much money have you lost so far? It looks like because of your poor trading skills you are now blaming Bitcoin.
OP seriously, you should stop causing FUD and panic to those who wants to invest and HODL bitcoin. If you really want to sell of your coins, you can gladly do so and stop putting or forcing people into your decision. And for those thinking that bitcoin will go below the price of $100; it really sounds ridiculous stating that though. Bitcoin price may go below $5k but not below $100.
Yep exactly. I really don't think the price of bitcoin can fall to $100k. this is a way too low a target the OP has set for the price of the bitcoin. And there is no need to panic because of this stupid rumors that have been spread by the peeps around on this forum. If the price is low now, you must use your brains, instead of tormenting over the situation, you must try to learn to make best out of this situation. This is the time when you can buy new coins and HODL in order to make long term gains in the future. N doubt this era in 2k18 has been the most distressing time for the bitcoin community, but never mind, tough times also have a lot to teach!! 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!
To be on the safer side you have to always have to invest part of your income which you can afford to loose. But buying Bitcoin and holding is an investment venture and not lottery so don't compare it to lottery. You must try to understand the investment of Bitcoin and know how to control your emotions if you want to invest in Cryptos. So that you won't get emotional breakdowns.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!
Bitcoin investment is very profitable especially when done right, that is long term investment.
As a rule of thumb, invest in cryptocurrency what you can afford to lose. This bearish market should be considered as a good opportunity in buying more btc and altcoins, then hodl for the time being until the market could recover from it's dip. Don't worry much on the dip as this market will normalize in due time.
if you think these two are the same thing then you are the idiot!
of course there is no argument that investing your whole life savings in bitcoin is a terrible idea but it is nothing like buying a lottery ticket. it is simply because of chances.
when you buy a lottery ticket first of all you have no way of speculating whether you will win or not and second you have a minuscule chance of winning.
on the other hand when you invest in bitcoin you do have a way of speculating whether you will make a profit (win) or not and also your chances are not at all small.
If we start to calculate, what are the odds of actually getting a coin via mining, You would find it VERY similar to lottery winning. If we want to look at Your expenses on electricity and hardware as a lottery ticket, the similarity even grows.
Its is actually written here very well: https://www.quora.com/What-is-the-probability-of-mining-a-bitcoin-over-one-minute-time-period-using-a-1-Gh-s-rig
I of course doubt, that You are able to understand the math at this level...
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