Topic: Who's brave/stupid enough to invest their life savings into Bitcoin? - page 12. (Read 33506 times)
September 18, 2014, 05:47:26 AM
Bitcoin is very cheap now you can double your money long term, meaning in 6 months
September 18, 2014, 05:13:06 AM
So any loss is a loss.
you trust this ... ?
Check the inflation price (not the inflation gov. graph) and the rise of tax (IRS) ...
Bitcoin is a solution to isolate the life economies from the "literaly lose of value".
September 18, 2014, 01:19:27 AM
BTC is risky. No doubt about that.
Invest 100% in btc is stupid, i think that a good % in between 5-10%
Invest 100% in btc is stupid, i think that a good % in between 5-10%
It is. Specially right now.Maybe you can buy a little but not all your money.
September 18, 2014, 12:57:12 AM
Like the saying goes, "Never invest money you cannot afford to lose."
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.I
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.I
I am. single my parents pay for every thing I need. I had some money from presents of my grandma. About 8k euros. All invested in btc almost. Now I have half of them at current price. I did not need those money to live but I thought it could be the bet of my life... when I invested there were people saying bitcoin could go to 10k dollars or more. I trusted, I tried I lost.
I did not work for that money, true, but that money had a value, I could have done many more things with it. Not a lottery ticket. With thousands euros I could travel around the world, buy things, et cetera. So any loss is a loss. Whenever money comes from, no difference. Yet when you worked for that money, maybe you feel. worse.
September 17, 2014, 08:00:07 AM
BTC is risky. No doubt about that.
Invest 100% in btc is stupid, i think that a good % in between 5-10%
Invest 100% in btc is stupid, i think that a good % in between 5-10%
September 17, 2014, 07:56:16 AM
Answering the the original post, I'm not brave enough to invest all my savings in bitcoin but I admire who can do it.
September 17, 2014, 07:37:26 AM
oh my god i'm bored of you whinging.
you're an idiot for buying in december. i cashed out all of mine in december because it was so obviously hyped.
you're an idiot for buying in december. i cashed out all of mine in december because it was so obviously hyped.
September 17, 2014, 07:35:21 AM
Like the saying goes, "Never invest money you cannot afford to lose."
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.I
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.I
I am. single my parents pay for every thing I need. I had some money from presents of my grandma. About 8k euros. All invested in btc almost. Now I have half of them at current price. I did not need those money to live but I thought it could be the bet of my life... when I invested there were people saying bitcoin could go to 10k dollars or more. I trusted, I tried I lost.
I did not work for that money, true, but that money had a value, I could have done many more things with it. Not a lottery ticket. With thousands euros I could travel around the world, buy things, et cetera. So any loss is a loss. Whenever money comes from, no difference. Yet when you worked for that money, maybe you feel. worse.
September 16, 2014, 07:42:49 PM
Like the saying goes, "Never invest money you cannot afford to lose."
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.I
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.I
I am. single my parents pay for every thing I need. I had some money from presents of my grandma. About 8k euros. All invested in btc almost. Now I have half of them at current price. I did not need those money to live but I thought it could be the bet of my life... when I invested there were people saying bitcoin could go to 10k dollars or more. I trusted, I tried I lost.
September 16, 2014, 05:13:53 PM
Quote from: gentlemand
Quote from: picolo on July 27, 2014, 01:15:43 PM
Putting every penny into any single thing is a daffy thing to do. I've put a big chunk in but don't have any dependents and would quite happily live in a cave anyway.
Putting every penny into any single thing is a daffy thing to do. I've put a big chunk in but don't have any dependents and would quite happily live in a cave anyway.
Putting all your eggs in one basket violates every basic investment principle, but it is also the way to get really, really rich if your bet pays off. Key is to remember when you do this you really ARE making a bet.
September 16, 2014, 05:10:24 PM
Like the saying goes, "Never invest money you cannot afford to lose."
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.I
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.I
I am. single my parents pay for every thing I need. I had some money from presents of my grandma. About 8k euros. All invested in btc almost. Now I have half of them at current price. I did not need those money to live but I thought it could be the bet of my life... when I invested there were people saying bitcoin could go to 10k dollars or more. I trusted, I tried I lost.
September 16, 2014, 04:10:12 PM
Invest surely, but not your life savings!
September 16, 2014, 01:40:47 PM
Quote from: gentlemand
Quote from: picolo on July 27, 2014, 01:15:43 PM
Putting every penny into any single thing is a daffy thing to do. I've put a big chunk in but don't have any dependents and would quite happily live in a cave anyway.
Putting every penny into any single thing is a daffy thing to do. I've put a big chunk in but don't have any dependents and would quite happily live in a cave anyway.
Putting all your eggs in one basket violates every basic investment principle, but it is also the way to get really, really rich if your bet pays off. Key is to remember when you do this you really ARE making a bet.
You have to take into account your situation as previously stated : disposable income; expected revenues, age ect.
You can make a bet on Bitcoin without betting anything to be able to bet on a few different horses
September 16, 2014, 08:24:19 AM
Like the saying goes, "Never invest money you cannot afford to lose."
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.
If you need that money to eat, pay bills, or pay the mortgage, then don't put all your eggs in one basket.
If you're single, don't have a family, are reasonably well off, then by all means go all in!
Investing really is common sense. If you have disposable cash you were going to throw at something else, like a new set of golf clubs, a speed boat, fancy jewelry, or a new home entertainment center, sure by all means invest that into Bitcoin instead. If it pans out, great! If BTC tanks, hey you'll have to settle for cup o noodles instead of sushi for awhile.
September 16, 2014, 07:17:39 AM
Quote from: gentlemand
Quote from: picolo on July 27, 2014, 01:15:43 PM
Putting every penny into any single thing is a daffy thing to do. I've put a big chunk in but don't have any dependents and would quite happily live in a cave anyway.
Putting every penny into any single thing is a daffy thing to do. I've put a big chunk in but don't have any dependents and would quite happily live in a cave anyway.
Putting all your eggs in one basket violates every basic investment principle, but it is also the way to get really, really rich if your bet pays off. Key is to remember when you do this you really ARE making a bet.
September 16, 2014, 04:31:51 AM
If young and employed and little life savings, I guess it makes sense. If any of those cinditions is untrue, I'd call it unwise to foolish.
Yes, risks exist in any speculation. Does a man has long enough time to wait for the recovery of big drop of Bitcoins ? If holding bitcoins by life savings, you need to have super confidence to the market.
bitcoin is unpredictable and very risky,
only experienced people can survive, because it is very difficult if not learn from experience and must think smart.
September 16, 2014, 03:28:30 AM
If young and employed and little life savings, I guess it makes sense. If any of those cinditions is untrue, I'd call it unwise to foolish.
Yes, risks exist in any speculation. Does a man has long enough time to wait for the recovery of big drop of Bitcoins ? If holding bitcoins by life savings, you need to have super confidence to the market.
September 16, 2014, 02:58:37 AM
I wouldn't invest all my life savings in bitcoin even if I believe in it, because all can happen with cryptos.
September 16, 2014, 02:53:16 AM
If you havent invested by 2014... then what can i tell you honestly? you have no hope.
Why do you say so?
September 15, 2014, 06:17:16 PM
If you havent invested by 2014... then what can i tell you honestly? you have no hope.
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