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Author Topic: I told my grandma to put all her lifesavings in Bitcoin because you guys said  (Read 7383 times)
harbin55
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September 29, 2017, 01:56:51 AM
 #201

 Grin this make my day
we dont know what happen to this price of the bitcoin its a investment
investment some times goes down and go up
we dont know

goodluck grandma!!!!
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September 29, 2017, 02:00:08 AM
 #202

it is a good move, but why just your grandma? maybe he is 90 years old and you are advicing her to invest when she does not even know how much years do she has left.. It would be better if she could spend hers money on stuff or other things that any grandma would like. Just an advice, she had 90 years to invest, now it would be better if she just relax..


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September 29, 2017, 02:01:10 AM
 #203

Different age groups have different risk tolerance levels. If might not be wise for a very old woman to still invest her money on speculative asets like bitcoin. If for a reason the price slides down by more than 50%, it might take a while for her to recover her losses. And time is what she is lacking considering she should just be spending her life enjoying her remaining years.
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September 29, 2017, 02:10:42 AM
 #204

it is a good move, but why just your grandma? maybe he is 90 years old and you are advicing her to invest when she does not even know how much years do she has left.. It would be better if she could spend hers money on stuff or other things that any grandma would like. Just an advice, she had 90 years to invest, now it would be better if she just relax..

LOL... That's what I just posted a few minutes back. Why don't take the grandma to a vacation in Pattaya or Bangkok, where she can enjoy the sandy beaches and the calm atmosphere? Well, if she is in to some wild adventure, then you can take her to the Walking Street. I have been to there quite a few times, and it is just fantastic experience.

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September 29, 2017, 02:17:55 AM
 #205

it is a good move, but why just your grandma? maybe he is 90 years old and you are advicing her to invest when she does not even know how much years do she has left.. It would be better if she could spend hers money on stuff or other things that any grandma would like. Just an advice, she had 90 years to invest, now it would be better if she just relax..

LOL... That's what I just posted a few minutes back. Why don't take the grandma to a vacation in Pattaya or Bangkok, where she can enjoy the sandy beaches and the calm atmosphere? Well, if she is in to some wild adventure, then you can take her to the Walking Street. I have been to there quite a few times, and it is just fantastic experience.

Because he will inherit everything once her grandma died. Just kidding.  Grin

I won't advise my grandma to put all her saving into bitcoin. Maybe half of it, and the other half for his enjoyment in his life on earth because she has worked very hard for that money and she deserves some pleasure out of it. I agree, why don't you take her somewhere that she enjoys like a walk in the beach, or even playing with his favorite past time. I remember when my father was alive, we even take him to watch live horse racing because he is a avid fan and loves betting on it.

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September 29, 2017, 02:50:28 AM
 #206

it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

well you point your grandmother to put her money all in bitcoin, but if you buy at the price of $ 4200 it is very expensive, and take a long time to ride again, I hope your grandma can be more patient to wait and still can come to enjoy the result later.
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September 29, 2017, 04:00:30 AM
 #207

it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

well you point your grandmother to put her money all in bitcoin, but if you buy at the price of $ 4200 it is very expensive, and take a long time to ride again, I hope your grandma can be more patient to wait and still can come to enjoy the result later.

I wouldn't say that $4,200 per coin is a very high price. But the problem is that you may need to wait for up to 5 years, to get good returns out of it. And who knows whether the grandma will live up to that age or not? Please don't get me wrong. I want her to live for that long.

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September 29, 2017, 04:35:42 AM
 #208


No one ever said put all of  your lifesavings into Bitcoin. It's your own responsibility to be financially sound and only invest in what you could afford to lose, with that said Bitcoin's price has gone up over time and in a volatile market you can't be afraid and most investments are meant to be long term things, nothing is guaranteed especially quick gains.

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September 29, 2017, 07:20:53 AM
 #209

it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
It is not at all advised to go all-in in an investment that you aren't left with any money to spend, and she would be pretty old so if this investment fails then what would she do for the rest of her life, have you thought about it? But don't worry about bitcoin, just wait patiently for some time and bitcoin price will surely rise beyond the point at which you brought it.
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September 29, 2017, 07:30:04 AM
 #210

If she knows about bitcoin & want to bought by her full life savings it would be her decision oviiusly but u can't force her . because u don't know when crypto market's growth going to ups & down. U can't gurante at all.

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September 29, 2017, 07:34:47 AM
 #211

Good just GRAMMA I LOVE YOU GOD BLESS YOU!  Please show her that note from the bottom of my heart ❤️
It was DARING but not Stupid at all.  That's my opinIon.
👵🏻 = 👑  Thank you gramma for keeping the faith in Bitcoin!  It will pay off.

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September 29, 2017, 08:03:49 AM
 #212

it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?
You told your grandma to put all her lifetime saving into bitcoin when the price was this high,where you sleeping or you don't know the rules of trading? Why didn't you buy when the price was low?
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September 29, 2017, 08:09:56 AM
 #213

You were extremely stupid to believe anything written here. You were extremely stupid to suggest it to her. She was even more stupid to follow through on it.

That's if any of it actually happened of course.

Actually, the grandma was told to invest, which means she might not know much about bitcoin, but the person who told the mother to invest at such a high price is supposed to be the one to receive every insult.
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September 29, 2017, 08:12:00 AM
 #214

I really hope you are just joking. At her age her risk tolerance is low, she shouldn't be investing in the most volatile asset
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September 29, 2017, 08:17:53 AM
 #215

I wouldn't do this or ask anyone to invest all of their loney into bitcoin especially elder citizen. Invest all your savings into bitcoin is so risky and their whole life savings can be gone in just a few minutes or hours if you invest it in a wrong timing. It's actually a dumb action tho.
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September 29, 2017, 08:27:36 AM
 #216

You were extremely stupid to believe anything written here. You were extremely stupid to suggest it to her. She was even more stupid to follow through on it.

That's if any of it actually happened of course.

It's indeed very stupid... It's strange that people think that bitcoins will always bring them profit, so they do stupid stuff like putting all money into bitcoins. Imo you should wait for price that's bit higher than when you bought them, so that you wouldn't lose anything, and just sell these coins. Don't risk her money.

 
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Juggy777
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September 29, 2017, 08:32:13 AM
 #217

it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

That's a very bold step but a very fast one, you could have brought it for her at dips say 2900$ then 3k and others. It has already touched 4200 and now it's down, but since it's only been few days, I would advise you to be patient cause it normally has a tendency to rise upwards, a slight setback is always expected. Which brings me to a point, putting entire money is always not a good idea, you could have put half or 3/4th, I would advise you to diversify the considering its your grandma Savings and she could require it, so would advise to redeem some when it touches a high in cash.
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September 29, 2017, 08:32:48 AM
 #218

definately its a good decision Smiley
bitcoin will hit 50k usd within 4 year Smiley


even if its increase, how his grandma will survive? did he buy something for his grandma? i hope that he can responsible for his grandma because he telling his grandma to invest all her lifesavings in bitcoin. i won't suggesting to any people to do the same like this and yes i know its good decision but its stupid to used all of her lifesavings.

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September 29, 2017, 08:43:58 AM
 #219

it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

I was thinking how can she supply her medicine now if she invest all of her money? Now your parents will going to hunt you if bitcoin will not reach above $4,200. So my advice is you pray hard and keep the faith that bitcoin will reach $5000 this year as speculated or else your parent will skin you alive.  Cheesy Grin Cheesy
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September 29, 2017, 08:57:05 AM
 #220

it will only go up. She bought at $4200 Sad
How soon can we REALISTICALLY see $4200 again and upwards?

I was thinking how can she supply her medicine now if she invest all of her money? Now your parents will going to hunt you if bitcoin will not reach above $4,200. So my advice is you pray hard and keep the faith that bitcoin will reach $5000 this year as speculated or else your parent will skin you alive.  Cheesy Grin Cheesy

It seems that you gain the trust of your grandmother thinking that she invested here. Good job! Grin
And I hope she also have some extra savings for her maintenance. And I can say your grandmother is cool because some of our elders are not into this and they prefer to save their money in the bank which only have a small interest unlike in investing in bitcoin. Hope my brother also realize this. Wink

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