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Topic: With Bitcoin, a future is not clear - page 5. (Read 6115 times)

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member
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Merit: 10
Erotic Industry on the Blockchain! RachelX
August 10, 2019, 02:22:32 PM
#68
Why will you invest in bitcoin and still not clear about the future of it. If it happens that way then it means perhaps you have no hope in the coin you are investing in. I don't agree with you. I think bitcoin has a potential and its the future.
jr. member
Activity: 244
Merit: 3
August 09, 2019, 08:17:18 AM
#67
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
Why will you be here posting on Bitcoin forum and still yet not be clear about the future that bitcoin has brought into us. You should have been out of this place to preach this good gospel, although if you are from the traditional settings and be afraid of loosing your job after the global adoption, then secure your place now and stand the chance of having a good future.
newbie
Activity: 11
Merit: 0
August 07, 2019, 04:27:15 AM
#66
There is no guarantee that your Bitcoin investment will succeed even at the expense of your property and family. You yourself are taking the risk, you should also be aware of the consequences. And that can't make the reason that bitcoin makes the future unclear. and I think you made the wrong decision to bring your family into the obscurity of your future. Because life still has to go on and need money even though the results will not match your expectations. Think about it!
jr. member
Activity: 352
Merit: 1
August 06, 2019, 02:40:01 PM
#65
 I want to assume you just make this post for posting sake because I don't see any sense in this. You know the bitcoin future is not clear and still went ahead to invest $40k. This is a very big gamble and not a wise investment. Always remember the golden investment rule... Invest what you can afford to lose.
hero member
Activity: 2926
Merit: 640
August 06, 2019, 12:29:52 PM
#64
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
Each and every one of us believes that the future is very bright for bitcoin, and we know we will all have a very huge gain from bitcoin when the right time comes, but placing your house and land on pledge, I am not so sure the risk is good. I know most successful business men and women do take risk, but we also have to be very wise in taking risk.

The cryptocurrency market is quite unpredictable and unstable for now, and because of this, every risk that we take in it has to be a minimized one. If I were you, what I would have just don’t is to use one of these asset to raise money. I could use land alone, to out the money in bitcoin, or I use house, in case something unimaginable happens along the line, at least one of them would have appreciated further to fill in the space.
sr. member
Activity: 2352
Merit: 245
August 05, 2019, 10:49:18 AM
#63
This is a very bold decision, but I would not call it smart. As I understand it, you took a loan secured by land and your home. When receiving a loan, they live in a mortgaged house. Only if you can’t get the loan back on time, then the house can be forcibly sold and you will be asked to move out of it. Therefore, I do not see logic in your intentions.
I wouldn’t risk my brother’s loan secured by his real estate, because you can’t say exactly when and how much the price of bitcoin will increase. At the same time, it will be necessary to pay the loan in a clearly defined time frame. Here you can win, or you can lose all your property. I am not ready to take such risks and do not advise others.
jr. member
Activity: 108
Merit: 1
August 05, 2019, 10:17:17 AM
#62
I think it is better to wait for the fall and buy Bitcoin during a bearish market. You must understand that the market trend is the same, the bullish market alternates with the bearish market. In my opinion, now you can wait for the end of this bullish run and it is possible to make a profit when the coin reaches $15,000 and sell them all (I doubt reaching $20,000 this year). In Autumn buy the coins for the low price, but remember it is only my opinion
full member
Activity: 952
Merit: 107
August 05, 2019, 10:07:04 AM
#61
Btc is a risky investment, pawning your assets to buy btc is not a wise decision and that is a stupid decision, why should you suffer for something that is unclear, just invest in small portion and buy whenever you got extra money, take a look at 2018 case where the price fall down deeply, you can be suffering alot
Someone has big courage and believe on their investment to take risk everything of real assets. It is not stupidity because it is hard to decide but still it takes time before you see success. Diversification might help to lessen the risk to lose it. Keep on your strong eagerness to gain from bitcoin, hope this someone have success on what he choose.
sr. member
Activity: 840
Merit: 268
August 05, 2019, 08:12:13 AM
#60
I'm starting to think that your topic is somewhat contradicting your statement. As you said that with bitcoin, future is unclear yet you tell us that you pledged to buy 4 btc instead of buying a house. You even made a prediction that bitcoin will be $20k this year.

Bitcoin's future is unclear since it is very volatile and right now it is struggling to get back to its ATH which is your prediction. I even saw a TA says that bitcoin is showing signs of bearish.
legendary
Activity: 2030
Merit: 1028
August 05, 2019, 07:45:40 AM
#59
Why bitcoin become valuable today ?
TRUST

If you believe that crypto will increase, just purchase and hold it.
And at same time every people who think the same also do the same.
full member
Activity: 630
Merit: 130
August 05, 2019, 07:00:00 AM
#58
I think this is much more of a spam thread.
Yet if it is true, why would you invest all to Bitcoin and rely your future.
Investment is good for the community yet you need to think for your family. Why not invest for a business then rest can go as you want. Then you would have a fund that could circulate personally.
jr. member
Activity: 61
Merit: 1
August 05, 2019, 06:42:06 AM
#57
I also bought a bit of bitcoin when I realized that the market is doing well and the price of bitcoin is increasing. Hopefully, the price of bitcoin will reach $ 20000 as you are hoping because it will bring many benefits to the Bitcoin's community.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
August 04, 2019, 11:56:52 PM
#56
It's pretty risky to invest in crypto money that you cannot afford to lose. (House, loans etc).

I see here people stating Btc might be a scam,  whice personally I do bot agree. It's a decentralized digital currency, that offers insanely fast and cheap ways of sending any amount of said currency around the world in seconds to anyone, regardless of their nationality, race or religion. What's the scam exactly?
legendary
Activity: 2576
Merit: 1860
August 04, 2019, 04:22:40 AM
#55
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

And with your decision, your future couldn't be more unclear. Was it your personal decision that you pledged your land and house to invest in BTC? I can only hope that you also asked permission from your spouse about it. This is too much for me. Even if I am a believer of Bitcoin, I would never go as far as selling my personal belongings and properties in order to invest on it. Investment in BTC may give you sweet promises but you shouldn't discount the real risks with it. Always remember that investing what you can afford to lose has been a time-tested adage.
legendary
Activity: 2940
Merit: 1083
August 04, 2019, 04:09:17 AM
#54
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

This is such a risky thing to do. It is not right to depend you and your family's future to a thing were not really sure of. Though we believe on the possibility that bitcoin price will rise again, even higher than it's previous record of 20K USD last 2017, it still remains uncertain.

This is not a wise decision to do, especially if you really can't afford the amount you might have to lose. Your family's future is also at stake. But I adore your courage for taking this risk. There are other people too who did the same thing as you do.

But since you said you are happy now, let's just hope for a better future of bitcoin and for you to not lose.
legendary
Activity: 2436
Merit: 1362
August 04, 2019, 03:31:09 AM
#53
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
I don’t remember where did I’ve read a thread that do the sans thing,a man that believes in bitcoin future from I think it’s europe

He sold he’s house and the man with he’s wife and daughters live in bush or something like that,I cannot remember the full details but what I cannot forget is the way he decide something to risk for future

Many institutions,media’s and other sites features his life and he became viral.maybe by this time he life is better now I hope

Yes this has happened before. A family in The Netherlands sold everything they
had and bought Bitcoin back around 2016. They are currently traveling the world in a camper van.

https://yolofamilytravel.com/

So the OP is not the first to do what he has done, more luck to the OP,
many people, the vast majority wouldnt take the risk!
full member
Activity: 434
Merit: 100
August 04, 2019, 02:23:36 AM
#52
You are very brave to risk it all. I think the future no one knows and no one can predict the future correctly.
many say the future of bitcoin is very good.
but your risk is very big.
I hope you are lucky
jr. member
Activity: 252
Merit: 1
August 03, 2019, 03:21:45 PM
#51
Not a wise decision if you ask me. Its better off investing funds that won't hurt you in crypto because of the unpredictable nature
member
Activity: 616
Merit: 30
August 03, 2019, 06:00:23 AM
#50
After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
I don’t remember where did I’ve read a thread that do the sans thing,a man that believes in bitcoin future from I think it’s europe

He sold he’s house and the man with he’s wife and daughters live in bush or something like that,I cannot remember the full details but what I cannot forget is the way he decide something to risk for future

Many institutions,media’s and other sites features his life and he became viral.maybe by this time he life is better now I hope
full member
Activity: 1750
Merit: 118
August 02, 2019, 11:10:54 AM
#49
Sure it's a big risk but the potential of earning big also there plus this idea isn't new anymore and infact other big guy's were also selling bigger properties not just a single property but with a total/complete package including appliances , cars , etc  .. 

instead of discouraging those guys , why can't we just slaute them for being courageous  . And hey, they were the ones that is helping the price to recover and skyrocket
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