I never spent any savings on Bitcoin and I'm not broke

[Red-Apple]

haha, it looks like this is in response to The other post 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.

[BellaBitBit]

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

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

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.

[safari88]

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

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

[eddyubachs]

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

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.

[Patatas]

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

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.  

[upsidedown75]

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...

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.

[OrangeII]

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...

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

[LiteCoinGuy]

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...

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

[Junko]

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."

[Wendigo]

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

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.

[GreenBits]

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

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.

[The Sceptical Chymist]

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

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

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.

[The Arcitect]

haha, it looks like this is in response to The other post 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.

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.

[Rizky Aditya]

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?

[pooya87]

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)

[Rizky Aditya]

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.

[safari88]

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

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.

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.

[knowhow]

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

[arwin100]

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.

[MTBTT]

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

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

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