Topic: Save, Invest, Wait, Profit - page 2. (Read 2302 times)

Quote from: lumeire on July 02, 2016, 12:11:31 PM

Well if bitcoin will really continuously rise it will be a good plan. If it ain't well it is bad because you'll lose your hard saved money but like they say no risk no reward. Grin

I think you should only invest just a little with bitcoin so it will not bring you a big impact if ever the bitcoin price will not go up and becomes lower than what you are expecting . We cant be sure about that because we oftenly seen it going down like what other people saying there are no guarantee that bitcoin price will go very high .

panju1

legendary

Activity: 1246

Merit: 1000

Quote from: lumeire on July 02, 2016, 12:11:31 PM

$17 a week for food? Are you fucking high?

bean and rice they say, stupid diet ever(no b12 no omega 3 etc..), i can do it with $25, by eating a much more healthy combination, like fruit and eggs, which provide everything for the body

Depends on where you live. During my college days when I'm in badly need of money I can budget less than $20 USD per week.

But yeah there's no point of doing this anyway. By 2020, you'd be a vegetable.

That is true. A dollar a day is actually sufficient for food in some developing countries.
Below that is what the government classifies as being 'poor'

Francisco

member

Activity: 69

Merit: 10

Given the number of people I see purchasing prepared foods that are overweight and complaining about life being rough are not living smartly. They are living gluttonously, a deadly sin by any book. The only thing someone deserves after a long day is subsistence and peaceful sleep.

Bestwishes745

hero member

Activity: 644

Merit: 500

Nice article, but I think people are earning hard for their food, they cut from other expenditures and fulfill their food needs, we should have to increase our income for that savings.

crairezx20

legendary

Activity: 1638

Merit: 1046

$17 a week for food? Are you fucking high?

bean and rice they say, stupid diet ever(no b12 no omega 3 etc..), i can do it with $25, by eating a much more healthy combination, like fruit and eggs, which provide everything for the body

Depends on where you live. During my college days when I'm in badly need of money I can budget less than $20 USD per week.

But yeah there's no point of doing this anyway. By 2020, you'd be a vegetable.

Honestly its a high amount if you are use 20$ weekly honestly i can only budget in week is %4 to %10 because i can eat free when i go in my friends how to ear for free so its budget and i can save more moeny or to buy for bitcoin.. so that i can make more profit..

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Quote from: RoommateAgreement on July 02, 2016, 11:09:04 AM

$17 a week for food? Are you fucking high?

bean and rice they say, stupid diet ever(no b12 no omega 3 etc..), i can do it with $25, by eating a much more healthy combination, like fruit and eggs, which provide everything for the body

Depends on where you live. During my college days when I'm in badly need of money I can budget less than $20 USD per week.

But yeah there's no point of doing this anyway. By 2020, you'd be a vegetable.

arseaboy

hero member

Activity: 644

Merit: 500

Quote from: nururochac on July 02, 2016, 10:27:54 AM

Quote from: helloeverybody on July 01, 2016, 08:22:36 PM

Thats a nice article but by going with today's figures then thats assuming that your going to own 40 more bitcoins (with a cost of around $600 per) and then in 2020 they are going to shoot up in price to $80000 each. Seems a bit of a long shot to me.

I agree, I think a 5 year timespan of making an analyzation of almost 100x higher than the current price is not possible. We need more time, demand and exposure for that to happen.

you have to think more realistically.
100x the current price means 65000 $ which is not even possible to reach for bitcoin even if there is enough exposure and adoption in many years in the future. this will not happen.

time will passed and bitcoin will be more recognized but with the calculation that you did I don't think that it can happen as we know that some media already attacking bitcoin and making it bad reputation linking bitcoin to drugs or any criminality from the web so I don't think bitcoin can be that big. but good share OP no offense.

helloeverybody

legendary

Activity: 1008

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

$17 a week for food? Are you fucking high?

bean and rice they say, stupid diet ever(no b12 no omega 3 etc..), i can do it with $25, by eating a much more healthy combination, like fruit and eggs, which provide everythign to the body

Yeah saying that I'm probably more like 17 dollars a day lol. But this is speculation thread so anything goes. There is a chance we can get such a massive rise in bitcoin by 2020. Its just an extremely small chance. But still probably better than spending that money on lottery tickets every week.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: nururochac on July 02, 2016, 10:27:54 AM

$17 a week for food? Are you fucking high?

bean and rice they say, stupid diet ever(no b12 no omega 3 etc..), i can do it with $25, by eating a much more healthy combination, like fruit and eggs, which provide everything for the body

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

Quote from: helloeverybody on July 01, 2016, 08:22:36 PM

Thats a nice article but by going with today's figures then thats assuming that your going to own 40 more bitcoins (with a cost of around $600 per) and then in 2020 they are going to shoot up in price to $80000 each. Seems a bit of a long shot to me.

I agree, I think a 5 year timespan of making an analyzation of almost 100x higher than the current price is not possible. We need more time, demand and exposure for that to happen.

you have to think more realistically.
100x the current price means 65000 $ which is not even possible to reach for bitcoin even if there is enough exposure and adoption in many years in the future. this will not happen.

nururochac

full member

Activity: 182

Merit: 100

Quote from: helloeverybody on July 01, 2016, 08:22:36 PM

Thats a nice article but by going with today's figures then thats assuming that your going to own 40 more bitcoins (with a cost of around $600 per) and then in 2020 they are going to shoot up in price to $80000 each. Seems a bit of a long shot to me.

I agree, I think a 5 year timespan of making an analyzation of almost 100x higher than the current price is not possible. We need more time, demand and exposure for that to happen.

panju1

legendary

Activity: 1246

Merit: 1000

Quote from: darkmagician on July 02, 2016, 06:09:06 AM

Do this every halving,or every 4 years..
save ,wait and profit, i removed invest cause theres a possiblity that you might get scammed.

Well, invest could mean invest your fiat savings in Bitcoin.
You do it right and you can avoid getting scammed.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

Quote from: janggernaut on July 02, 2016, 09:01:14 AM

Quote from: Francisco on July 01, 2016, 12:58:12 PM

Easy plan to save millions by 2020

https://healthybillionaire.wordpress.com/

thats maybe nice advice for get big profit, but just remember dont invest more btc when its near halving like 2013 ago, when btc price reached $1200 and then dropped until $300

first of all price went to a little lower than $1200 and fell to $170 after that but you are forgetting that it started a lot lower than the bottom and rose to the ATH so this time even if there is a bubble and a fall after, the fall will only be to 500-600 not any lower.

helloeverybody

legendary

Activity: 1008

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: MingLee on July 02, 2016, 09:14:23 AM

Quote from: janggernaut on July 02, 2016, 09:01:14 AM

Quote from: Francisco on July 01, 2016, 12:58:12 PM

Easy plan to save millions by 2020

https://healthybillionaire.wordpress.com/

thats maybe nice advice for get big profit, but just remember dont invest more btc when its near halving like 2013 ago, when btc price reached $1200 and then dropped until $300

The thing is the halving didn't occur in 2013. It was all investments by investors (and some manipulation by bots on Mt.Gox) that ended up forcing the value higher than it should have been, creating a bubble, and then once Bitcoin hits its ATH Mt.Gox shut down, taking a majority of the money deposited along with it, and wrecked a lot of the value Bitcoin had. If Bitcoin had not had to deal with the Mt.Gox collapse, I think it is more than likely that we wouldn't just be getting back to $700, and we would likely be hovering around $1,000 right now.

Im hoping that this time the price we reach after the halfing will be a real market price and not just manipulatio. If so bitcoin will be stronger than ever after all is said and done. If we get a stable 1k then the only way is up.

MingLee

hero member

Activity: 490

Merit: 520

Quote from: janggernaut on July 02, 2016, 09:01:14 AM

Quote from: Francisco on July 01, 2016, 12:58:12 PM

Easy plan to save millions by 2020

https://healthybillionaire.wordpress.com/

thats maybe nice advice for get big profit, but just remember dont invest more btc when its near halving like 2013 ago, when btc price reached $1200 and then dropped until $300

The thing is the halving didn't occur in 2013. It was all investments by investors (and some manipulation by bots on Mt.Gox) that ended up forcing the value higher than it should have been, creating a bubble, and then once Bitcoin hits its ATH Mt.Gox shut down, taking a majority of the money deposited along with it, and wrecked a lot of the value Bitcoin had. If Bitcoin had not had to deal with the Mt.Gox collapse, I think it is more than likely that we wouldn't just be getting back to $700, and we would likely be hovering around $1,000 right now.

janggernaut

legendary

Activity: 2394

Merit: 1131

Quote from: Francisco on July 01, 2016, 12:58:12 PM

Easy plan to save millions by 2020

https://healthybillionaire.wordpress.com/

thats maybe nice advice for get big profit, but just remember dont invest more btc when its near halving like 2013 ago, when btc price reached $1200 and then dropped until $300

darkmagician

full member

Activity: 210

Merit: 100

Do this every halving,or every 4 years..
save ,wait and profit, i removed invest cause theres a possiblity that you might get scammed.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: ASHLIUSZ on July 02, 2016, 05:18:58 AM

Well if bitcoin will really continuously rise it will be a good plan. If it ain't well it is bad because you'll lose your hard saved money but like they say no risk no reward. Grin

This is why you should only invest money what you can afford to lose.Because there's no guarantee that Bitcoin will go up or hit the mainstream.But without risk there's no reward. So find a balance and leave out the greed!

mark coins

hero member

Activity: 910

Merit: 1000

Well if bitcoin will really continuously rise it will be a good plan. If it ain't well it is bad because you'll lose your hard saved money but like they say no risk no reward. Grin

How long will you wait. Too greed will make you to lose one day. The first one is acceptable always, gain and earn the profit. Don't waste your money by making riskier investments.

Yes if you are making good profits with current price then you should not wait longer, instead you should sell your coins and secure profits as no one can be sure what will be price in coming days.

ASHLIUSZ

hero member

Activity: 994

Merit: 502