Bitcoin Forum

If I had invested my savings in Bitcoin would it be more likely to be broke? :D

Do you keep your savings in a currency that loses value over time?

Keeping in bitcoin your savings have quite some advantages, like if you are married, in a divorce case your wife gets pretty much nothing, which is different if you keep in USD. Don't tell her about your bitcoin wallets :) lol. Now on a serious reply , in long term many people and me too think that bitcoin price will rise in future so it would not be more likely to be broke, it would be more likely to have a bit more money in the worst case or be rich in the best case.

If your wife gets a clever attorney, you will be f#$%ed. You have to declare all your income and expenses and if they pick up that you had bitcoins stored somewhere and you did not declare it at the time, then they will force you to sell them, depending on your marital contract and also charge you interest on the money she should have received.

That is how it works within my country. Do not lie to the court, you will be slapped with criminal charges on top of that interest.

On topic : Never invest more than what you can afford to lose. Bitcoin is seen as a high risk investment.

Depends on your entry price and when you will need your savings.

If you bought in 2013 or before, under $20, then you are closer to rich than to broke

Well, it depends on when you would invested. Of course if you'd bought BTC when it was around $1k you'd be broke but that bulb lasted only couple of months and you should be really unlucky to invest exactly at the time. But if you'd invested half a year ago when Bitcoin was around $300 you'd be richer than you are now.

The key is to never invest more than you can afford to lose.
I think its fine to do higher investements in low-medium risk investments tho.

I spent all of my savings on euros, now I'm broke.

I remember when Mt. Gox filed for bankruptcy a lot of people who had emptied their bank accounts and invested the fiat in Bitcoins were screwed. There were some pictures of people from Europe who flew over to Japan to protest in front of the Mt.Gox office because they lost their life savings and went broke. My advice is to never put all of your eggs in 1 basket and diversify your investments wisely.

that's funny,other thread also mentioned about same situation,trying to ask is he was brooke if he saving his bitcoin. ;D i think its not normal,people should know that they invest is not lost their money or bitcoin,weird.

you are looking like a joking with us.But the answer is if you have saving your bitcoins, so you should wait it now, you can see bitcoin's price is going up, and it is good sign, and after 2 months halving is coming ,so use it and sell your bitcoin on right time,than it will prove you that your saving is better for you.

Depends on if you bought bitcoins while it was at a high price if you did you would most likely be broke. But if you bought while it was cheap you increased your net worth by a bit.

That was because those people didn't practice the correct way of storing Bitcoin; in your own desktop wallet. Anyway, the coins did drop in value slightly before Baidu and various Chinese companies stopped accepting it as a mode of payment.

My advice is for you to invest parts of it into Bitcoin and store it safely, preferably in a cold storage. Never invest more than you can afford to lose.

Maybe or maybe not, but if you want to have any chances to get rich in the next decade, holding Bitcoin is a must. The potential for growth is the highest that I can think off of any other possible investments. Sure, you can always but some stock or altcoin that's worth pennies now and randomly gets a good pump and become insta rich, but that is just a big lottery. With long term Bitcoin storage, there is a real vision and foundation to make it.

A risky business putting all of your savings into anything, bitcoin however probably has the most potential for some kind of profit especially if you were able to buy in a few years ago and even now is still a good point of entry as long term we will rise (hopefully)

I think you will gain profit if you invest in bitcoin, bitcoin price will keep on rising in this few years, its a good thing if you start to invest into bitcoin now

a smart person would never put all of their eggs into one basket.

here is a sliding scale of risk. where the top is the most risky and the bottom is most safest based on a LONG TERM investment
1. altcoins
2. pennyshares
3. real estate
4. fiat
5. bitcoin
6. stable bluechip share portfolio
7. precious metals

many people will cry and whine and show their total blind devotion that bitcoin should be the safest investment ever.
well this may be true based on the codebase of 2014 and the ease of buying and selling of that period.
but if you look passed your faith and think of the logistics of moving between bitcoin-fiat-bitcoin its a more harsh environment compared to 1-4 and about the same as 6-7. and future legal issues worldwide make bitcoin slightly less investable compared to 5-6

some people may whine and cry that real estate is safer then just hoarding fiat. but once you realise that a $250k house turns into $300k+ once you account the interest. then the maintenance, insurance, taxes pushes a house upto $350k costs.. most people dont always get their $350k let alone any profits to cover inflation.

so my advice is after you have paid your bills and a few luxuries.. if you have an example $100 left over.. split it up as

$20 fiat
$40 bitcoin
$10 shares
$20 precious metals

and keep an eye on the prices of each.. if one rises and another falls, invest less in the one that rises and more in the one that falls. that way you get more of the cheap stuff and less of the expensive stuff.

the reason i suggest $40 of bitcoin is because its still fresh and the fluctuations in price allow for more potential returns.  but keep in mind my last paragraph about adjusting the amounts based on price fluctuations.

and last tip. if you buy bitcoin at $450. and it drops to anything below $450 dont be a dummy and cash out crying at the loss.. hold and keep investing for cheaper coins. remember its only a loss when you cash out. so dont cash out at a loss. unless there are signs of a disaster scenario where it can drop to 0. think of any drop in price as an opportunity to grab more, cheaply

I'm sure plenty have gone broke with Bitcoin. You could've bought at $1200 and sold at $200. If you'd dabbled in trading as well there's no shortage of capacity for setting your money on fire. As for gambling...

If you bought a mere six months ago (when the price was between $200-$250) you would have nearly doubled your money by now...

Don't know from taking what reference you are claiming so that you may have been broken if you have put your savings in bitcoin. Price is increasing from 200 to over 400 within last few months. You may have doubled your savings if you have put those in bitcoin few months ago.

haha, it looks like this is in response to The other post (https://bitcointalk.org/index.php?topic=1465634.0) about the guy with the birdbath :)

anyways they are both looking like a joke to me and doesn't contribute to the forum in any sense.

you shouldn't go all the way in any direction, not the full investment and not the full out.

Yes, this is similar to another post that was floating around about if you invest in bitcoin will you be broke.  Is this a real question, I dont even understand the point of asking it.  There is a search function where OP can type in "broke" and go to town.  boring drivel.  thank god I have recently discovered the "ignore" button.

but if you just save it. in the end you will be bankrupt by the needs of your future ;D

it would be better if you save as bitcoin, because prices will someday rise high, then you sell and get many benefits

Bitcoin is not only for saving, you should try to grow it as much as you can before halving, the more number of coins will give you higher profits by selling at the right time.

1.Who asked you to ? That no way sounds like a plan to get rich.

2.Bitcoin is an experimental currency in its mediocre stages,you can't risk your entire savings on it.

3.About the "being broke" part ,that depends how lucky you're.Going back 2011,people who kept their savings,turned out to be millionaires of today.Never know what's in it for you next ,except for cases like emergencies,hospitals don't accept bitcoins yet.So it will be clever to save a part of it and not everything.  

But the fact is, he hasn't bought any bitcoin yet (I assumed that from op's post). Considering the current trend, we see that bitcoin is quite profitable starting now as there is a lean that the value might go up.

Well, if you do that, it makes a great loss and broke. you just have to do well, such as bitcoin buy when the price is really low and save it, it is a good investment. try to save bitcoin and feel the sensation

No problem if you bought at 1200 USD but when you sold at 200 USD you are very shortsighted.

OP, that may well be the case for you today. But different people have different situations as far as when they first learned and decided to spend anything on bitcoin.

In five, ten, twenty or more years from now, you might even be able to make the same claim you make today, that you "never spent any savings on bitcoin and you're not broke". It's possible bitcoin could be defunct and worthless by then. OR it could have shot the moon and beyond also.

As the saying goes, "Nothing ventured, nothing gained."

Well it depends on when you sell off your Bitcoin stash. For example if you had bought before the $1250 bubble burst and sold everything when the price was at its peak you would have made a lot of cash probably more than what you would have made on your regular job. If you had missed the pump and had bought in after the dump you would need to wait for the next pump to break even and get a profit. You will be flat broke only when Bitcoin hits rock bottom.

Yes. I love bitcoin, but it's truly an investment, since the value is only pegged to user confidence, and as We have seen, that confidence is strapped to a roller coaster. Therefore, when buying bitcoin, treat it like any other investment and only risk what you can afford to lose. Bitcoin, in some form, May be the future of money. But we are very much still in the present.

Do you ever want to spend a currency that only gains value over time?  Eventually yes, but it definitely isn't good to keep all your money in bitcoin.  And it certainly isn't guaranteed to gain over time.  Nothing is certain.

I thought this post seemed to ring familiar in the wording that was shown in the title. The topic cries of some one that regrets of what they have done and now wants comfort in their actions.

Well why are you telling us this? I saw another thread where someone spent all their money on Bitcoin, are you just trying to mock that person?

this is just a troll topic, i am surprised why isn't it (re)moved already. the other topic which he is mocking at least had some good arguments inside about using USB and the risk of keeping it for long term without connecting to computer (without charge)

Yeah that topic was quite interesting and I learn quite a bit from it. But this topic is just so weird and doesn't deserve to be here.

yes grow better than saving, with growing we could have as many bitcoin before halving occurs, and when halving we sell all and get many profit.

Most of people regrets to havent invest into bitcoin ,sure who invested at 1100those still crying these days for the money lost.

Agree with that its really risky to invest your savings in bitcoin because we never really knew when it ends and price is unstable, what if we buy bitcoin at high price but the price of bitcoin goes down and never regain again for your bought price? Well thats a big problem for losing money and trusting your all savings for this digital money, maybe treat bitcoin as part time hobby that you can earn money so if bitcoin will die then it can be less harm for us.

the necessities of life is not a barrier dude it is an obligation that you have to pay. therefore manage finances to manage demand and need charges and so on. would be required to set it

Bit of an open ended question, depends on when you bought them! If you bought them 4 years ago no, if you bought them november / december 2013, you might be feeling a bit sick.

you should keep your saving till halving comes

If you save you bitcoins for future, so it's not mean you will be broke. can you explane how it is possible?
you know we always save only that things for future which is special for us. if you save your bitcoins it's mean you have invest it. only need awareness about bitcoin's price.

Yes save the bitcoins earnings and you are the lucky person.

you wouldnt be broke for sure if you invested some dollars into bitcoin, its just like  an investment it cannot make you broke as long as the price rises and the price of the bitcoin rises a lot

if i were in your shoes i would definitely invest some good money into bitcoin because i do it now and im hoping that the future price increases will surely allow you to make some decent money

No,you will not brooke if you invest your safing on bitcoin,you just put a big risk on your oney,we know bitcoin is high risk currency,and you have to prepare if bitcoin price down so deep. but i think it will not happen,at least until bitcoin halving come.

Whenever you hold wealth (bank, stocks, real estate, Bitcoin, gold) is risky and you might loose part or all of your wealth. The only possibility to avoid risk is to spend all, but some people like to keep reserve wealth in case they need it later. So no, Bitcoin is not much different from other investing options

I agree; investing in bitcoin at an early stage then awaiting for a rise in its value is something we are all awaiting. Some people are afraid to invest in bitcoin but it requires patience; eventually we might actually 1 Bitcoin being $600. When that eventually happens, you would be pleased to know that you invested in it and your patience was definetly worth it.

although this topic is mostly trollish but going all in with all your savings is not a good idea because you are risking everything but also staying away is not wise either, there is a good chance of making a good profit.

Only the people that wanted short term benefits would do that. If I had the misfortune to buy at 1200$, I would have held as long as it takes, because deep down I know we will go higher than 1200$ eventually, but most people that got in Bitcoin during the high rise where clueless about Bitcoin and have no notions about it and how it has a big importance long term, so they would end up panicking and selling at a big loss.

I just keep my fiat in Cyprus banks. They will be forever safe there.

I'll say it is more likely to be broke in the end, and also more likely to be much richer in the end, at least as compared to most people. If keeping fiat made you broke, that will make a lot of people broke. You'll be broke but not much more than most people. Also with fiat, you'll hardly get richer.

With BTC, if you got broke, many others will not. But if you get rich you'll be ahead many too.

I agree with you, me either once I got my bitcoins from my earnings, I'm exchanging it to fiat already.
And ready to transfer it to my bank for safety of my money.

Hell no! I, like most normal people, invest my money. Or spend it. Didn't they teach you stuff like this in school?

Maybe he is referring to invest all his savings and convert it to bitcoins. But no, that will make you broke if you are going invest it all.
But it will not make you broke if you are going to spend your bitcoins to the things that you most like.

Actually if people weren’t saving bitcoins, they wouldn’t pay with Bitcoin and Neweggs wouldn’t accept them. Saving and spending are both essential, but it is true that people shouldn’t put all their money into Bitcoin.

LOL, confiscation, deposit tax or a bail in is what they call it when a government takes depositors money to plug a banks financial holes, just as was done in Cyprus few years ago...

I guess Elwar forgot /s tag, good to catch banking trools though.

Yes, I agree with that on the thing that people are putting their whole money and savings into bitcoin.
Not knowing that if they will put their all money they will earn but that's not enough.
They must know also that the risk to put their money into btc is also risky.

Not sure why Cyprus banks are any more relevant than Gatecoin getting haxx0rd (https://bitcointalk.org/) or BBQ coin becoming worthless.
Sure, Cyprus banks are fiat-related, just like the examples I gave are crypto-related. At least Cyprus banks didn't run away with all your coins, like the totally awesome Bitcoin Bank in Cyprus did :)

http://s32.postimg.org/5vj6iaj9x/neo1.jpg

I think OP is contradicting is his statement. A little bit imaginary and this question sign in end confuse me to most. So he asking us would he lose money, but only if he invested something? Hmm well my son go back and check. How many times I saw here : catch a train or regret later. I think like I see a bit regret in your words, you just acting like you are not sure now. So you ask for confirmation from others.

I think its not late to invest now, just be smart. Don`t let your greedy overcome you your mind. Probably you will lose everything you have in that case.

No, just the Cyprus government running away with people's deposits. As will happen in Greece, and Puerto Rico, and Spain, and the US, and...

Gatecoin? Is that a private wallet in someone's cold storage?

Interesting statement :)
So, if I understand you well, Bitcoin is only investment for you?
Also, you don't trust future of bitcoin?
So, if so, why are you here?
Bitcoin is much more than simple investment or new currency.
Bitcoin is idea how average people can become financially free and also Bitcoin will change the world soon.
Why? People will not need regular banks or money, they will use virtual currencies and for their everyday expenses without fear somebody can control them, know their true identity, steal their money etc.
I'm sorry you can't see it and see Bitcoin only as investment.
Of course, you can earn Bitcoin in  free way and keep it in the wallet, so you can wait and see what future will bring you :)

correct,halving is the biggest bitcoin project,and many people sure about the price gonna rise,and this is good time to save money untill halving come,and you can sell it when halving come,or after that. the wors thing happen in bitcoin halving is,when you have nothing when halving come.

Good luck then, your eighter ignorant to check USD banking history or just bankster shill.

Why in my right mind I should preffer not transparent currency which USD belongs to. Your buddy uncle Sam could just print new bill out or increase my account ballance without deducting other with minimal cost and I should provide real work for this  ???

I preffer trustless Bitcoin currency instead where I dont need to trust nothing wrong is happening, because I can check full Bitcoin ledger anytime.

Just continue what you doing and make sure dont spend it just save your bitcoin and make more bitcoins.. and you will be rich someday.. or in the future.. some of my bitcoin is spending but most of my bitcoin are save and i dont want to spend it.. i just put my bitcoin in to vault of coinbase so that i cant withdraw it fast.. it takes 2 days before your withdrawal process is done.,.

I dont really spend it either

mainly just use it once in awhile to bet on a sports game im confident
in

Bitcoin is another currency, your USD changes daily to Bitcoin, Euro and all other currencies. If you make conversions or buy stuff from Europe, prices can change often. But there are goods/services selling in Bitcoin already, where the Bitcoin price doesn't change from day to day, though its still too early from mainstream before non transparent currencies are abandoned - and vouching non transparent currency is better is either malicious or uninformed acting.

Theymos can want whathever he wish, I want f*** Hillary b**** to her a** as well, but it aint happen.

Bitcoin is a different from all other types of saving including gold , if you invest all of your saving by now in bitcoin then waiting 6 month to 11 month , definitely will double your profit who knows perhaps profit will be 2x of investment . just buy now with no any other kind of trading\gambling for awhile.

Faucet is the best way not to spend an savings on bitcoin. Unless you are rich you can buy bitcoins and earn a lot from it. If i where you spent your savings and buy some bitcoin because it is halving time and the price will be doubled so you can pull out again your savings after halving.

If you're interested in making money then its the right place to invest and grab the profit. The real factor is that you should not invest your entire earning as there is no assurance of tomorrow. A small portion can be invested which would give you better value after years.

That is a good thing right but I think that you are a bit to careful, you can spend some of your savings on Bitcoin but not all of them because that is also not a smart thing to do. Begin with a couple of Bitcoins.

Investing in savings is better than investing it alone, the risk is free since you are just saving it for what purpose you want to use it so it is better
and risk free.
But its up to you if you think you are good in investment, then invest.

Well this kind of thread make me smile. First you didn't even wrote in which time you had your idea. When BTC was 1 dollar or 1000 dollar`s?
You didn't said how much money you planed to invest, and you didn`t mention nothing about business plan that you should make for something serious like investing savings!

But its important that you put big smiley in the end.. People like you will ruin this forum.

Well you are right, there is no value indicated by op and he didn't mentioned how much was the value and how many bitcoins he did acquire.
But still, he isn't broke at all.
And that's a good thing that he never spent some bitcoin and for sure he is now harvesting his savings.

If it is long term savings then i doubt you will lose anything, in the short term then yes you could lose out at the minute.  But fiat longterm is a bad idea as it lose value over time.

i think it is better not to go "all" in because it has risks.

just invest some amount of money that you can afford to invest and be happy about your gains even if they are small.

Saving all your bitcoin will not make you broke instead it will make you happy, because the price of bitcoin today is becoming too high and its
flying up to the moon. So why you are going to be broke when you are going to save all your bitcoin?

If you can see the price of bitcoin now, you will be regret, i had invested bitcoin since 2015 and the result never let me down, i have gained profit form bitcoin, and bitcoin is one of the best investment that you should try

Wow that's an inspiring way of investing and still I knew some of people here started investing to bitcoins since 2012 and just like what you have
said the result never let them down.
So, for those people who want to save bitcoins for sure you will gain profit from it.

Wow , i think im not too late to know bitcoins this 2016 but i do invest on HYIPS before without knowing the profit or there's a halving which it can make the price higher.
I'm not broke because i earned .but the mere fact that the time that i know halving is coming i have no money to invest.

Nope, if you spent your saving on bitcoin right now, you can get much profit from it. Because as you can see, the price of bitcoin is increase so high right now.

It depends on how long are you planning to hold your investment. If you are just short term, and you panic sell on every dip, then you are broke. But if you are able to hold for long term, it is clear at current price that long term holders make profit with bitcoin. So, you make your choice, long or short term? Profit or broke?

if he didn't dump before this pump he now have much more money, so it was a wise decision, but bitcoin was meant to be spend also, not just sitting there for speculation, i think you can do both, saving and investing

yes I know it is a necessity of life, but if you have no income, of your money will run out. that foster or investments that must be made.

If you are worried about becoming broke, just spend as much as you are comfortable with in Bitcoin.

Not really. Fiat currencies loses value over time and that's really really bad in my opinion. I'm sure you wouldn't be happy if you wake up one day and all there's left is 50% of your original wealth.

While bitcoin is exactly the opposite. It retains value over time. So no, you would actually get more from bitcoin than you would from fiat currencies.

Maybe he is not broke yet, because he did never spend his savings after all, but you are right, if something worries him.
Then better to spend his bitcoin for the things that can satisfy him.

Investing your life savings in Bitcoin is fool hardy.
If you have worries about the depreciation of fiat, look for other asset classes - bonds, equity, real estate.

I do not think so, seeing the development of bitcoin prices are getting up. I think you will get a profit if you invest in bitcoin. But keep in mind Invest the money is your money lost you are ready to accept it. thank you

Only genius people are investing their savings in bitcoin while other people who do not invest either do not have money for investment or do not know about bitcoin, learn and earn with bitcoin.

Price up 36% since this post.

Would you consider being broke if your wealth increased by 36%?

If you wanna make Investment do it with you can lost it, don't make Investment from all of saving bitcoin. And you must be counting about management of risk.

You're only getting the impression that you're not broke, however, I think you're secretly broke. Because fiat currencies depreciate over time a lot and they are no good measurement for wealth.

I think you'd be 1000x richer with BTC than fiat in 10 years time.

well i guess the person is broke when he does not have any money for a living so i doubt he would feel broke

in order to have more money i invest in bitcoins because i know that the price will grow

Seeing the current increase in price of bitcoin, now i feel bitcoin is the only investment which can give you greater profits. No other investment like Gold, USD , or any other Forex item  can be so profitable as bitcoins.

Never store your savings in bitcoin or other crytopcurrensi. Invest only money that is not used or if you are ready to bear the lost. Saving the savings in bitcoin very risky. Thanks

It depends on where you invested your savings. If you are lucky you will not get broke if you know well the company that you put your money in. But as they said Invest only the amount you afford to lose.

You are right... but, we are in peculiar spot right now. Many people consider current Bitcoin price as not suitable. What I mean by that?
They simply think bitcoin is too expensive ATM to buy it and expect a price to go EVEN higher from $650.
They are afraid that - as many times before we will hit market ceiling and bitcoin will go back to $350 again.

I guess it depends if you save some bitcoin back to 2013-2014  when the price crash you are now millionaire 😁😁 but if you want to invest in this time I cannot answer what will happen in the next few years may be the bitcoin crash or increase much more.

I love that question. I don't think most people realize that fiat is inflationary by nature. If you bought a brand new house in 1970 that cost $30k, it'd be $250k in today's money. So if you had put that $30k in a bank/cash, you'd have essentially LOST $230k, or 90% of your money. And this is a GUARANTEED loss because that's how fiat is.

If you did that a month or 2 months ago your money would have been doubled. This post is from May so I am not sure if he really did it. I hope it does surely he will be more happy now if he knows it.  ;D

I think that you should invest some of your money i to Bitcoin because I am sure that if you do that that you are going to be able to make some money.
The only thing that you have to do is buy coins and hold on to them and when the price is high you sell to make a profit.

Same in my case but in slightly different way. I have not invested my money in bitcoin till few months before (recently started it) but I spend my time (and we know, time is money), I actually sold my services and digital goods and accepted payments in bitcoins in that way I accumulated a tiny amount. It totally depends on what you think about your investment and what are the results are. If your investments are often end up with loss and you see exactly the same loss (downfall after $1000 mark) in bitcoin then it’s obvious for you to not breaking since you have not invested.

Don't think so. If you bought some btc in 2008 or so, you would be more than just rich now

Hi OP, I know you posted this 3 months ago and there are SIX pages of posts but I had better answer you without reading any other post in this thread because I'm sure nobody has answered you yet.

What was I saying again?

Oh ya...signature campaign above me and below me.

bitcoin currency it is very profitable, so long as you're reasonably skilled in the bitcoin will be a huge advantage.

If you never spend your savings on Bitcoin then how does it come that you are broke because that does not make much sense at all.
If you are broke then you must have spend your savings on something else.

The killer sentences, i know what you means. ;D maybe this topic it's must getting a died because the op is didn't active on this topic. but anytime if the topic will going dead there are someone is feeling must to reviving the topic again and again.

If you are not going to spend your savings for a while then bitcoin is a good way to invest your money, but don't sacrifice everything for buying lots of bitcoin, start with a small amount then if you see that is going good then try increasing the volume.

I have invested into bitcoin on the last year and i keep earning and collecting bitcoin, and i lost some bitcoins since i joined bitcoin world as the most has maybe lost, but in the end im at profit, sure it has a risk around bitcoin but you need to know when to get in or to get out.

How does it come then that you are now broke because that means that you have spend in on other things.
It would be better for you to spend it on Bitcoin because then you could have made your money back.

It's better to keep a larger part of your savings in bitcoins than in cash. Cash devalues with time while bitcoin appreciates with time.

Nope you will never be broke if you  invest your savings i n Bitcoin. You can say  you have no cash for now but you can have them whenever you want by simply converting your Bitcoin to cash again. It's that simple.  Being broke means you don't have money and there is no way to get one as soon as possible and that is just the opposite if you have bitcoin in stash.

Yeah even you spend it or not you will not be broke it was just regret if the price increase and you buy it cheap ,but it's part of the bitcoin community and we see many use of it why don't use it if needed.

A degrading currency would really make him broke indeed; Otherwise making an investment in Bitcoin has proven worth it in the long term. That is why most people on this forum are actually buying Bitcoins and storing them so that they wait for a gradual price increase. This kind of investment is quite good because due to the gradually growth of the popularity of Bitcoin, its value grows also constantly.

That is not good at all because you always need to have some back up money in case something happens.
You cannot survive in this world without money and wait until you get your profit from Bitcoin.