Pages:
Author

Topic: Who's brave/stupid enough to invest their life savings into Bitcoin? - page 5. (Read 33506 times)

hero member
Activity: 518
Merit: 500
Hodl!
lol people who bought BTC at $0.10 are golden.

Imagine a 12 year old who blew the whole $100 he had to his name that his grandma gave him for Christmas and birthdays.... HE'S not worried about how to afford higher education right now.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Investing your life savings into Bitcoin is borderline retarded and indicative of a low financial intelligence.

Your statement is only true on certain timelines.

lol people who bought BTC at $0.10 are golden.

full member
Activity: 210
Merit: 100
Bitcoin would never form more than 1% of your portfolio, if you took investment advice.
However, every one of us has a gambling streak within.

Not if you're 90, but under 50s should be able to have higher risk profile investments as a larger proportion of total.

Honestly,everyone is just throwing around opinions,if thats how you feel thats how you feel. By 90 you should be sitting pretty with a top hate and tux in a lamborghini diablo monster truck by than...
hero member
Activity: 518
Merit: 500
Hodl!
Bitcoin would never form more than 1% of your portfolio, if you took investment advice.
However, every one of us has a gambling streak within.

Not if you're 90, but under 50s should be able to have higher risk profile investments as a larger proportion of total.
legendary
Activity: 1582
Merit: 1064
brave enough or suicidal?
You never invest all your money into one category that is rule number 0 it goes without being said.

Bitcoin would never form more than 1% of your portfolio, if you took investment advice.
However, every one of us has a gambling streak within.
sr. member
Activity: 459
Merit: 251
well how much was it? and yeah i would put in some im saving all my btc and investing some into miners aswell
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I wish I had the balls to invest all my money into Bitcoin but im still concerned about the price how it is and isnt going high enough for me at the moment im just about breaking even give or take a few dollars.

You will find people who have invested their college money/ money from sale of house into bitcoin when the price was at $600-$1000 and regret it now.
Better not to invest more than what you can lose.

They should be thinking in a 3-10 year time frame. Anyone who put in a big blob expecting a vast payday a handful of months down the line is being naive.
Well to be fair this is what happened to the price of bitcoin in recent years. Up until early this year the price of bitcoin went almost exclusively up. The price also went up by ~15x last November when it crashed to less then $100 then spiked to over $1,200 in well under a month

True indeed, but in the great scheme of things $0 to a $5 billion market cap is achievable by a few hundred thousand enthusiasts.

To get beyond that you need to convince a nice chunk of the world at large. That takes time and patience.
hero member
Activity: 532
Merit: 500
I wish I had the balls to invest all my money into Bitcoin but im still concerned about the price how it is and isnt going high enough for me at the moment im just about breaking even give or take a few dollars.

You will find people who have invested their college money/ money from sale of house into bitcoin when the price was at $600-$1000 and regret it now.
Better not to invest more than what you can lose.

They should be thinking in a 3-10 year time frame. Anyone who put in a big blob expecting a vast payday a handful of months down the line is being naive.
Well to be fair this is what happened to the price of bitcoin in recent years. Up until early this year the price of bitcoin went almost exclusively up. The price also went up by ~15x last November when it crashed to less then $100 then spiked to over $1,200 in well under a month
full member
Activity: 210
Merit: 100
brave enough or suicidal?
You never invest all your money into one category that is rule number 0 it goes without being said.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I wish I had the balls to invest all my money into Bitcoin but im still concerned about the price how it is and isnt going high enough for me at the moment im just about breaking even give or take a few dollars.

You will find people who have invested their college money/ money from sale of house into bitcoin when the price was at $600-$1000 and regret it now.
Better not to invest more than what you can lose.

They should be thinking in a 3-10 year time frame. Anyone who put in a big blob expecting a vast payday a handful of months down the line is being naive.
legendary
Activity: 1582
Merit: 1064
I wish I had the balls to invest all my money into Bitcoin but im still concerned about the price how it is and isnt going high enough for me at the moment im just about breaking even give or take a few dollars.

You will find people who have invested their college money/ money from sale of house into bitcoin when the price was at $600-$1000 and regret it now.
Better not to invest more than what you can lose.
newbie
Activity: 5
Merit: 0
I wish I had the balls to invest all my money into Bitcoin but im still concerned about the price how it is and isnt going high enough for me at the moment im just about breaking even give or take a few dollars.
sr. member
Activity: 412
Merit: 250
the amount of people investing heavily into ltcgear and mining is worrying!
hero member
Activity: 1022
Merit: 500
It would be rather stupid to invest  all of your money into bitcoin although doesn't mean it wont be a wise investment in the long run.

I don't think that anybody, any financial guru can predict what will happen with bTC in a year, two, 5 years etc.
It can be great financial investment or great financial lost.
Can anybody be sure about this?
I don't think so.
so, my advice to everybody is to follow this golden rule. Invest money you can afford to loose only.
 

No financial guru can predict what and when will happen to any market, stocks, forex, bonds...
legendary
Activity: 3374
Merit: 1824
It would be rather stupid to invest  all of your money into bitcoin although doesn't mean it wont be a wise investment in the long run.

I don't think that anybody, any financial guru can predict what will happen with bTC in a year, two, 5 years etc.
It can be great financial investment or great financial lost.
Can anybody be sure about this?
I don't think so.
so, my advice to everybody is to follow this golden rule. Invest money you can afford to loose only.
 
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
Nobody would invest whole their life savings into Bitcoin
Because anyone still have to use fiat for everyday things

But, i think i can put 5-10% into my life savings into bitcoin if i want to

A lot of people invested all their life savings in Bitcoin...

Really  Shocked
A lot of people ?

If i were them i only put safe amount of my life saving into bitcoin
full member
Activity: 124
Merit: 100
It would be rather stupid to invest  all of your money into bitcoin although doesn't mean it wont be a wise investment in the long run.
hero member
Activity: 1022
Merit: 500
Nobody would invest whole their life savings into Bitcoin
Because anyone still have to use fiat for everyday things

But, i think i can put 5-10% into my life savings into bitcoin if i want to

A lot of people invested all their life savings in Bitcoin...

Really  Shocked
A lot of people ?

If i were them i only put safe amount of my life saving into bitcoin

You are not a risk taker and you didn't save much so you don't know what you would do if you were saving and making good money.
hero member
Activity: 1022
Merit: 500
Nobody would invest whole their life savings into Bitcoin
Because anyone still have to use fiat for everyday things

But, i think i can put 5-10% into my life savings into bitcoin if i want to

A lot of people invested all their life savings in Bitcoin...
sr. member
Activity: 252
Merit: 251
Knowledge its everything
Nobody would invest whole their life savings into Bitcoin
Because anyone still have to use fiat for everyday things

But, i think i can put 5-10% into my life savings into bitcoin if i want to
Pages:
Jump to: