Topic: Who's brave/stupid enough to invest their life savings into Bitcoin? - page 28. (Read 33532 times)
July 27, 2014, 09:25:08 AM
Investing your life savings into Bitcoin is borderline retarded and indicative of a low financial intelligence.
July 27, 2014, 08:41:10 AM
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?
A guy sold his house in Bitcoins but I can't find the post
Getting 10% of its wealth is Bitcoin is enough to make a huge profit that will change your life
This is the thread you're thinking of https://bitcointalksearch.org/topic/im-all-in-sold-my-house-508254
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.
July 27, 2014, 08:36:01 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.
July 27, 2014, 08:17:30 AM
I'm sure there are many people who are brave (or stupid enough) to put all their money into btc. As with any investments its a risk, but it'll probably pay off. It's just a question of do you have the balls to take the gamble?
July 27, 2014, 08:15:43 AM
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?
A guy sold his house in Bitcoins but I can't find the post
Getting 10% of its wealth is Bitcoin is enough to make a huge profit that will change your life
July 27, 2014, 08:15:23 AM
There are those who already invested all their time into bitcoin.
July 27, 2014, 08:14:38 AM
Not me. I have faith in BTC but not that much faith. Maybe if I was 18 with no responsibilities. It could all end tomorrow so I will invest what I can afford to lose. The way I see it is the money I invest is not much different then blowing a few hundred at the slots here and there so I won't miss it if its gone. I just plan to hold what little I have and who knows.
July 27, 2014, 08:04:46 AM
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?
It can probably be done in developed countries where u r secured by social securities. U'll get life's basic facilities free of cost. But in a developing country it cant be imagined as people will dies starving if price crashes.
July 27, 2014, 07:54:18 AM
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?
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