I spent all my saving on bitcoin, now i am broke

[vultas]

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


http://i68.tinypic.com/24b6m3m.jpg


http://i65.tinypic.com/10mvech.jpg

Wow that is really risky, I understand that banks give no interest on you'r money you put it to it, some time the inflation make it worse, I think if you what to find a good investment try buy company stocks, but since it's to complicated to get them there is a better way, check this out crypto first IPO that's never been done the way this company has !   https://cryptonews.com/news/lithuanian-startup-kicks-off-new-coin-model-mulls-ipo-1438.htm

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[Red Lanterns]

If you did not spend that money all in all, that's ok. P.S. Wish I had 6 bitcoins

[THEsnowdonmelody7]

Thats a thrilling story; but i also saved btcs not in hardware wallet; i saved it in just paper wallets

[goldenwikiD]

Dont great broken, chill up you are good and tacticfull btcsian and hope that you flourish in your mission and cherish your target

[impatientyoutubez]

Great job that you thought about this idea many people cant understand that btcs can bring them profits on long run

[Lucifers]

It is not a good ideal to invest all money into btc, because it would be bad if you are making mistakes with Bitcoin so you can lose also a lot of money if you selling it too early.

[Ulticon]

i dont think you should hve done this; you spend all your savings on the reliabilty of bitcoins which are volatile

[imroatul husna]

it's your risk, you just think of the benefits alone without any plans to tackle those risks.

[Crash21]

When something like this happening the best idea you can get is to find motivations to start working again.

[thongsbe]

why are you broken? you have spend your moneyson some constructive things only and you still have 100$ and one btc wiith you to spend

[Hannu]

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

6 BTC you get good ASIC hashing stuff on example alibaba

[Viendong6158]

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.

[Aquatiniu]

That's good point. If we put it on a USB key, you think we'll be able to use it in 20 years? What about a paper wallet?

[Apricote]

If you bought on May 8, then your already up a tall %.  Dig em up, sell em off, wait for the big drop and buy em back again.

[duhocko]

You should be careful about your investments, do not be overly confident in anything, knowledge is new to you in this market.

[Chuhuy61]

a new take on the old pirates burying the tresure Cheesy i think you did a good thing that bitcoins will be worth alot in the future!

[xiny]

I want to know if you sold it at BTC $20,000?

[Googlegenius]

This person should be happy on his investment now especially if he withdrawn his money last December although he said that he will keep it for 20 years.

[Leo_Wolf]

Don't worry, I advise you to play with new coins.

[swam1alyona]

The main thing that the forum was not your neighbors, because they could learn your secret!)