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Author Topic: Is he the biggest speculator?  (Read 312 times)
Juggy777 (OP)
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October 12, 2017, 12:43:36 PM
 #1

I have often seen here and met people who say they would sell everything and go full In Bitcoins, I yet had to see or hear someone actually do it, until I read about this guy, barely sometime in Bitcoins, he's gone full in, now since the price isn't revealed, I do hope it's not at 4.5 or 5k, that would be absolutely shocking, however if it's in 3k or even 4k it would give him some serious profits, but I wonder would anyone of us dare, and if we would what price would we settle for, say period of one to three years, I would seek 7 - 8k minimum and 10k on the higher side. What would your amount be to go all in.

 https://www.google.co.in/amp/s/www.cryptocoinsnews.com/man-sells-everything-for-bitcoin-believes-it-will-make-him-rich/amp/
aesma
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October 12, 2017, 01:12:01 PM
 #2

That's a bit extreme, selling the children's toys ?

I've put everything I can into BTC, but I didn't possess a house anyway, and my cars aren't worth anything. I closed all my investment accounts and bought at around 2000€. I already had some coins obtained much cheaper (and through mining LTC when that was a thing).

I still hold almost as much fiat denominated assets as cryptos however, in accounts I don't have direct control over : some form of trust, and stocks into my company that I can't sell before 5 years ownership. The only way to access that latter money now would be to quit my job, which is where I draw the line for now. Risking your assets when you have a stable job is much more reasonable.
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October 12, 2017, 04:22:52 PM
 #3

Yes, he could make a decent amount of money by this way but this is extreme and unnecessary especially as a father of 3y old.

I mean, what will happen if his kid needs something more than plain toy? Education, socialization?

If he wants so badly to risk everything, why doesn't keep 10% for speculations and investments in new coins - to feed their daily needs.



~Bitcoin~
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October 12, 2017, 06:52:18 PM
 #4

With increasing bitcoin price it seems he have made a good decision but living like homeless to just buy bitcoin with huge expectation is the crazist move I have ever heard off. This man have set an example of extreme holder/speculator.

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October 12, 2017, 08:50:47 PM
 #5

jgray went pretty much all-in...

https://bitcointalk.org/index.php?topic=508254.0

He recently logged in here, but didn't update his thread! 648 btc @ $5300 = $3.4 million.

Buy & Hold
Lagduf
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October 12, 2017, 10:40:40 PM
 #6

I have often seen here and met people who say they would sell everything and go full In Bitcoins, I yet had to see or hear someone actually do it, until I read about this guy, barely sometime in Bitcoins, he's gone full in, now since the price isn't revealed, I do hope it's not at 4.5 or 5k, that would be absolutely shocking, however if it's in 3k or even 4k it would give him some serious profits, but I wonder would anyone of us dare, and if we would what price would we settle for, say period of one to three years, I would seek 7 - 8k minimum and 10k on the higher side. What would your amount be to go all in.

 https://www.google.co.in/amp/s/www.cryptocoinsnews.com/man-sells-everything-for-bitcoin-believes-it-will-make-him-rich/amp/
Yes he was, because he was betting everything on the bitcoin and different with other. As you can see about the fact that the bitcoin is really valueable right now and too many people are not wanna seeing about its potential and all of them regreting it right now.
But to invest on the bitcoin in this time is very risky. Especially that just like betting yur family's life in the bitcoin.

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mostkey
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October 12, 2017, 11:11:17 PM
 #7

Yes, he could make a decent amount of money by this way but this is extreme and unnecessary especially as a father of 3y old.

I mean, what will happen if his kid needs something more than plain toy? Education, socialization?

If he wants so badly to risk everything, why doesn't keep 10% for speculations and investments in new coins - to feed their daily needs.



but if he can succeed in this way, it seems to be one reflection, I would rather think that this person has gone mad and desperate. but this will be a tremendous step and speculation. when success comes to him. he will be one of the people who record history in a bitcoin insane investment
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October 12, 2017, 11:19:30 PM
 #8

Seems like a kind of hype post,i am curious where thay did find that father who told them the story
Sell everything and buy bitcoin,i rather see that like a signal of upcoming btc price drop

 
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