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Author Topic: I spent all my saving on bitcoin, now i am broke  (Read 25381 times)
SiNeReiNZzz
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June 22, 2016, 01:48:04 AM
 #321

well i have good news or bad news, this week i took out all my saving from my bank 3500 and bought some bitcoin

i now have a total of 6 bitcoins,  


last night i bought 5 usb sticks and 2 waterproof boxes,  i put the box inside of the other box then the 5 usb sticks in the middle of the box,  afterwards i went into my backyard and dug a hole underneath the bird fountain,

i dug the hole almost 3 feet under. Then i buried it back and placed the bird fountain back.  

The bird fountain has been in the same spot for many years so i am not worried about forgetting where i buried it, and grass doesn't grow underneath it.

so there we have it,  I buried a total of 5 bitcoins, i plan to keep it there for 20 years. The 5 bitcoins cost me about 2300USD


The 6th bitcoin i keep it on my cellphone and i plan to spend it online,


Now i only have 100 dollars left in my bank,  i am basically broke,  my whole saving gone!


Was this a bad idea?   after i buried it i was starting to feel like it was a bad idea,  

i also did not put a hard password on it because i thought i would forget


but i wasn't planning on using my saving for anything, and the bank doesn't give me any interest for it,

i've never invested in anything , possibly because i don't have much money


anyways.. it's just money.. i'll save some more

i figure in the future, it might be way too expensive to own even 1 bitcoin,



i am now a proud owner of 5 bitcoins


this is my bitcoin story,


here are some pictures of the box and bird fountain, its not the exact ones that i own but similar








In the Future I will searching in all Bird Fountains on my Way...  Tongue Tongue Tongue

.
..........
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chineseprancing
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June 22, 2016, 05:07:31 AM
 #322

well i have good news or bad news, this week i took out all my saving from my bank 3500 and bought some bitcoin

i now have a total of 6 bitcoins,  


last night i bought 5 usb sticks and 2 waterproof boxes,  i put the box inside of the other box then the 5 usb sticks in the middle of the box,  afterwards i went into my backyard and dug a hole underneath the bird fountain,

i dug the hole almost 3 feet under. Then i buried it back and placed the bird fountain back.  

The bird fountain has been in the same spot for many years so i am not worried about forgetting where i buried it, and grass doesn't grow underneath it.

so there we have it,  I buried a total of 5 bitcoins, i plan to keep it there for 20 years. The 5 bitcoins cost me about 2300USD


The 6th bitcoin i keep it on my cellphone and i plan to spend it online,


Now i only have 100 dollars left in my bank,  i am basically broke,  my whole saving gone!


Was this a bad idea?   after i buried it i was starting to feel like it was a bad idea,  

i also did not put a hard password on it because i thought i would forget


but i wasn't planning on using my saving for anything, and the bank doesn't give me any interest for it,

i've never invested in anything , possibly because i don't have much money


anyways.. it's just money.. i'll save some more

i figure in the future, it might be way too expensive to own even 1 bitcoin,



i am now a proud owner of 5 bitcoins


this is my bitcoin story,


here are some pictures of the box and bird fountain, its not the exact ones that i own but similar







Its a bad idea that you invest your all of your money to bitcoin. Save money for your self in your personal needs
LuckGone100
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June 22, 2016, 05:19:20 AM
 #323

better it but be aware from gambling . if u play your 6 BTC with gambling u surely bust before or after.so don't do it and don't be broke also here.. be go safe u can earn good with trade... !

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June 22, 2016, 05:19:39 AM
 #324

[Truncated]
Its a bad idea that you invest your all of your money to bitcoin. Save money for your self in your personal needs
He says he still has about $100 in his bank account. I think he'll be okay with college-student level budgeting. He just gotta survive until the next payday.
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June 22, 2016, 05:25:47 AM
 #325

if no one know the place you buried your USB what will be happen if something bad happen to you ? IMO that is very risky to do because if no one can't find it then it will be gone if something bad happen to you   

Yeah that's true, your collected bitcoins will be just wasted if you are going to hide it and you can't remember it anymore if where did you put it.
But still, don't lose hope op, it is fine that you have spent all your savings even though I know the feeling of it.
There's always a door of opportunities that are going to knock.

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June 24, 2016, 12:37:06 PM
 #326

Bitcoins is just like an investment,  We are not obligue to put all our savings into Bitcoins.
better for us to be wise. Cheesy
Yes obviously it is an investment like you do in gold. But of course more profitable then gold Smiley and all you need is patience while holding your coins or it can lead you to regret when price goes very high but you have already sold them all Wink. No problem, just buy back when you get a better price.
yeah i agree you just need to be patient when you buy bitcoin and then the price drops. You must be patient and wait for prices to rise. believe that bitcoin prices will definitely go up and down. That is cycle of bitcoin dude. actually you're not going to lose if you want to be patient. but I do not suggest to use all the money to invest

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June 24, 2016, 12:57:54 PM
 #327

Okay, I just spent a good portion of my savings on bitcoin, and now I'm partially broke.

The transaction that was made still has 1 confirmation at this moment. That's how recent I went partially broke.
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July 07, 2016, 09:57:45 AM
 #328

That is to bad you should not use all of your money on Bitcoin because know you do not have any money left.
You should only buy when you have money to spend and when you are sure that you have some money left to do your things.
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July 11, 2016, 07:22:16 AM
 #329

That is to bad you should not use all of your money on Bitcoin because know you do not have any money left.
You should only buy when you have money to spend and when you are sure that you have some money left to do your things.

All my new savings are in bitcoin now. It is very small percentage at the moment, but it will increase in the future.

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July 11, 2016, 07:35:06 AM
 #330

Yes, this is a very stupid idea. You don't invest your entire life savings into anything. Considering you have almost no savings, investing it right now isn't the greatest idea either. The first step of investing is to work to obtain an initial starting capital, not take everything you own and throw it away long term while you're left with nothing.
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July 11, 2016, 07:46:52 AM
 #331

 I personally can say that putting it outside is really a bad idea ifeel too bad for you dude but what happens happens for a reason all you have to do right now is to go up again and learn
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July 11, 2016, 09:19:26 AM
 #332

well i have good news or bad news, this week i took out all my saving from my bank 3500 and bought some bitcoin

i now have a total of 6 bitcoins,  


last night i bought 5 usb sticks and 2 waterproof boxes,  i put the box inside of the other box then the 5 usb sticks in the middle of the box,  afterwards i went into my backyard and dug a hole underneath the bird fountain,

i dug the hole almost 3 feet under. Then i buried it back and placed the bird fountain back.  

The bird fountain has been in the same spot for many years so i am not worried about forgetting where i buried it, and grass doesn't grow underneath it.

so there we have it,  I buried a total of 5 bitcoins, i plan to keep it there for 20 years. The 5 bitcoins cost me about 2300USD


The 6th bitcoin i keep it on my cellphone and i plan to spend it online,


Now i only have 100 dollars left in my bank,  i am basically broke,  my whole saving gone!


Was this a bad idea?   after i buried it i was starting to feel like it was a bad idea,  

i also did not put a hard password on it because i thought i would forget


but i wasn't planning on using my saving for anything, and the bank doesn't give me any interest for it,

i've never invested in anything , possibly because i don't have much money


anyways.. it's just money.. i'll save some more

i figure in the future, it might be way too expensive to own even 1 bitcoin,



i am now a proud owner of 5 bitcoins


this is my bitcoin story,


here are some pictures of the box and bird fountain, its not the exact ones that i own but similar








Hahaha, What on earth gave you that idea? Did you do some research about bitcoins? What will happen in it in the future? Its probability? I hope you are happy with it. Hahha After all, it is your money, so whatever you do to it, it is your right. But you better be ready on what will happen, you should not be faint hearted and expect for the worst so you will not be hurt at the end. Goodluck on your decision. Smiley


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July 11, 2016, 09:26:42 AM
 #333

I personally can say that putting it outside is really a bad idea ifeel too bad for you dude but what happens happens for a reason all you have to do right now is to go up again and learn

It is like a kid burying something with his playmate then they will open it again in the future. I just see those on movies I dont think that is real. What if your parents decides to move to another place and you forgot it. That is bitcoins lost forever.  Grin

..Stake.com..   ▄████████████████████████████████████▄
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July 11, 2016, 10:14:37 AM
 #334

well i have good news or bad news, this week i took out all my saving from my bank 3500 and bought some bitcoin

i now have a total of 6 bitcoins,  


last night i bought 5 usb sticks and 2 waterproof boxes,  i put the box inside of the other box then the 5 usb sticks in the middle of the box,  afterwards i went into my backyard and dug a hole underneath the bird fountain,

i dug the hole almost 3 feet under. Then i buried it back and placed the bird fountain back.  

The bird fountain has been in the same spot for many years so i am not worried about forgetting where i buried it, and grass doesn't grow underneath it.

so there we have it,  I buried a total of 5 bitcoins, i plan to keep it there for 20 years. The 5 bitcoins cost me about 2300USD


The 6th bitcoin i keep it on my cellphone and i plan to spend it online,


Now i only have 100 dollars left in my bank,  i am basically broke,  my whole saving gone!


Was this a bad idea?   after i buried it i was starting to feel like it was a bad idea,  

i also did not put a hard password on it because i thought i would forget


but i wasn't planning on using my saving for anything, and the bank doesn't give me any interest for it,

i've never invested in anything , possibly because i don't have much money


anyways.. it's just money.. i'll save some more

i figure in the future, it might be way too expensive to own even 1 bitcoin,



i am now a proud owner of 5 bitcoins


this is my bitcoin story,


here are some pictures of the box and bird fountain, its not the exact ones that i own but similar








If we really want to be prosperous we need to make a risk. Just like gambling big bets earn big wins but also big losses. Your gamble is risky since you may not earn in the future but compare to the possible income you will have if price 20 years it is just right. Your potential income is more than what you will lose, its like losing 100 dollars for a potential thousand dollars.
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July 13, 2016, 12:42:30 PM
 #335

I personally can say that putting it outside is really a bad idea ifeel too bad for you dude but what happens happens for a reason all you have to do right now is to go up again and learn

It is like a kid burying something with his playmate then they will open it again in the future. I just see those on movies I dont think that is real. What if your parents decides to move to another place and you forgot it. That is bitcoins lost forever.  Grin

yeah it seems like OP is quite imaginative i think he is going to literally buried the coin and get it when price is going up although i would say that this is not bad idea what's bad was i think that his decision making in terms of where to put it
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July 14, 2016, 08:13:08 AM
 #336

Why are you broke? You just hide it you can have it again any time you want it, The price is already at high price now, if you want to still hide it you need to be sure that you hide carefully that no one will see it,



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Elwar
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July 14, 2016, 08:16:01 AM
 #337

Dude has a job, so he's obviously not broke. Stop posting the same thing over and over to get your signature campaigns more money. Get a job like the OP and actually make money so you don't have to post nonsense.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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July 14, 2016, 09:20:43 AM
 #338

That is really bad because now the halving is going to come soon and there is chance that the price will rise after the halving but you have just lost all your coins.
Not sure on what you should do right now because you are in a tough situation.
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July 14, 2016, 10:40:50 AM
 #339

well i have good news or bad news, this week i took out all my saving from my bank 3500 and bought some bitcoin

i now have a total of 6 bitcoins,  


last night i bought 5 usb sticks and 2 waterproof boxes,  i put the box inside of the other box then the 5 usb sticks in the middle of the box,  afterwards i went into my backyard and dug a hole underneath the bird fountain,

i dug the hole almost 3 feet under. Then i buried it back and placed the bird fountain back.  

The bird fountain has been in the same spot for many years so i am not worried about forgetting where i buried it, and grass doesn't grow underneath it.

so there we have it,  I buried a total of 5 bitcoins, i plan to keep it there for 20 years. The 5 bitcoins cost me about 2300USD


The 6th bitcoin i keep it on my cellphone and i plan to spend it online,


Now i only have 100 dollars left in my bank,  i am basically broke,  my whole saving gone!


Was this a bad idea?   after i buried it i was starting to feel like it was a bad idea,  

i also did not put a hard password on it because i thought i would forget


but i wasn't planning on using my saving for anything, and the bank doesn't give me any interest for it,

i've never invested in anything , possibly because i don't have much money


anyways.. it's just money.. i'll save some more

i figure in the future, it might be way too expensive to own even 1 bitcoin,



i am now a proud owner of 5 bitcoins


this is my bitcoin story,


here are some pictures of the box and bird fountain, its not the exact ones that i own but similar







I don't understand why should you do something like burying btc? Don't you tho o it is safe for them in wallets?

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July 14, 2016, 11:08:41 AM
 #340

If the op gets those bitcoins now he has at the moment around 50% more from its investment made at May when the price were around 450 dollars, stop posting about halving will happen, it happened already cammon dont you even read the updates at the forum, really? I would like to invest such into bitcoin and be able to not spend them, that the hardest thing have them and not spend the bitcoins.
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