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Topic: Who's brave/stupid enough to invest their life savings into Bitcoin? - page 15. (Read 33506 times)

hero member
Activity: 482
Merit: 500
LAUNDER BITCOIN: https://BitLaunder.com
That's a guy very brave!!! Shocked  I wouldn't be so brave to invest
my life savings into Bitcoin. If they are little life savings, I guess
it makes sense, because otherwise I think this is for crazy peolpe.
As with any investments its a risk, but this is a risk too big.
hero member
Activity: 1022
Merit: 500
You mess up with your life savings your done. If you are into this kind of "hobby" you need to think straight.

Saving in paper money is not saving, it is being a believer in a fail system

Buy when bitcoin price is low and then just hold into it.
September 9th, 2014. Bitcoin at ~$470

Dump your life savings in now, plus any and all fiat loans you can get.



Never look back. Don't even bother paying back the loans. Your credit score doesn't matter anymore. You're free. You're welcome.*


*You may consider this legally binding financial advice from a Serious Business Professional, MBA, PHD, Esquire.

YEAH
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Buy when bitcoin price is low and then just hold into it.
September 9th, 2014. Bitcoin at ~$470

Dump your life savings in now, plus any and all fiat loans you can get.



Never look back. Don't even bother paying back the loans. Your credit score doesn't matter anymore. You're free. You're welcome.*


*You may consider this legally binding financial advice from a Serious Business Professional, MBA, PHD, Esquire.
full member
Activity: 126
Merit: 100
You mess up with your life savings your done. If you are into this kind of "hobby" you need to think straight.
full member
Activity: 154
Merit: 100
PAMINTA 101
Buy when bitcoin price is low and then just hold into it. But not your life savings.
sr. member
Activity: 476
Merit: 250
Buy low, sell high. You will always win.
This is much easier said then done. There is always the possibility that a price is high but would continue to rise, or that the price is low but will continue to fall.

If it was possible to know when the price is low or high then the price would never become low or high because people would trade ahead of these price levels which would make the price essentially stay almost exactly the same.

It is easier to sell low and buy high
It is probably actually more common for this to happen. People are influenced by both fear and greed, and this will cause people to do things like this
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Reading a story from a few years ago where someone invested all their life savings into Bitcoin and started to live off Bitcoin. that guy was a lucky guy as now the price as more than tripled to when he invested in it. Anyone else brave enough to do this?

https://bitcointalksearch.org/topic/i-panicked-759976
This guy just panic bought so this should be interesting to follow if he hodl the coins long term and doesn't get weak hand syndrome.
member
Activity: 70
Merit: 10
If it was that easy, everyone would be rich already.  Roll Eyes
hero member
Activity: 1022
Merit: 500
Buy low, sell high. You will always win.
This is much easier said then done. There is always the possibility that a price is high but would continue to rise, or that the price is low but will continue to fall.

If it was possible to know when the price is low or high then the price would never become low or high because people would trade ahead of these price levels which would make the price essentially stay almost exactly the same.

It is easier to sell low and buy high
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
Buy low, sell high. You will always win.
This is much easier said then done. There is always the possibility that a price is high but would continue to rise, or that the price is low but will continue to fall.

If it was possible to know when the price is low or high then the price would never become low or high because people would trade ahead of these price levels which would make the price essentially stay almost exactly the same.

I just shake my magic 8ball and yolo my life savings at it Cheesy
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
Buy low, sell high. You will always win.
This is much easier said then done. There is always the possibility that a price is high but would continue to rise, or that the price is low but will continue to fall.

If it was possible to know when the price is low or high then the price would never become low or high because people would trade ahead of these price levels which would make the price essentially stay almost exactly the same.
member
Activity: 89
Merit: 10
I don't think he randomly invested in bitcoins[ nobody would be stupid enough to invest all their life's earnings into one thing].Although he took a great risk according to investors but this did pay him!
member
Activity: 96
Merit: 10
The man really got guts to invest his life savings into bitcoins. And yeah nice money multiplier xD
X7
legendary
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
Had all my money in BTC but I made the 100BTC move to DuckDuckCoin a while ago.... You don't know my life...

hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
It is always a good idea to have a few different investments...
This statement ceased to be true the moment Bitcoin first came online. Now there is only one investment that will outperform every other in history.
sr. member
Activity: 412
Merit: 250
there is a few people on the Crypto::Stocks posts here that say they invested life-savings in stocks that they thought were legit, only to loose out to evils. 

What is safe here? hmmm.  anything?
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Buy low, sell high. You will always win.
member
Activity: 109
Merit: 10
this will never be an issue of brave... The correct word will always be stupid.
sr. member
Activity: 420
Merit: 250
Reading a story from a few years ago where someone invested all their life savings into Bitcoin and started to live off Bitcoin. that guy was a lucky guy as now the price as more than tripled to when he invested in it. Anyone else brave enough to do this?

Diversification is essential. Anyone that invests so recklessly will lose everything in the end.
This is very good advice. You may get lucky if you invest in something ends up appreciating substantially however it is near impossible to know for sure which investments will go up and which ones will crash and burn. 
member
Activity: 67
Merit: 10
This guy has guts to invest! I wonder what if all the money became a cent, Lucky!
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