I told my grandma to put all her lifesavings in Bitcoin because you guys said

[Davidbee]

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

I think your approach is very stupid. Don't invest all your money. The price of bitcoin is unstable and will collapse at any time. Investing in bitcoin has a lot of risk, and you need to do a risk assessment.

[Colinator]

The author wrote a message six months ago. If this is true, then his grandmother became 2 times richer. And a year later, maybe three times. Many wrote here that this is stupid. However, time showed that this was a great solution for increasing money.

[krishnaverma]

I hope your gran ma will be happy now that she doubled here money in such a less time. No other investment would have given here so much returns. One suggestion for you is that do not withdraw all the profits. If you believe that bitcoin is solving a real life problem, remain invested for long term.

[gabmen]

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

How stupid you are, no one knows the future price change of bitcoin, it is unstable, its price has been changing. Investing in bitcoins is risky, and you'll lose a lot of money when bitcoin crashes. Don't invest all your money in bitcoins. It's very risky.

Well i agree that you made quite an irresponsible gamble with your grandma's money but if she bought in at 4200, then she's probably be thanking you right since her savings have more than doubled. Though i really think that was an unwise thing to do especially because you didn't have a fallback for your grandma

[Crystacool]

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

You should not invest all your grandma money currency, the currency is risky, it will not always growth, no one can guarantee investment COINS will return, you this kind of behavior like gambling, if failed, your grandma will lose all of her money

[Albert211994]

I think it's your responsibility. Your grandma listened to your suggestion to a large extent and invested the life-saving money into Bitcoin. And it is not wise to invest all the money in a project. But I still will wish you are lucky.

They were lucky, If you see the date of the post, it was in Sept 2017. If they cashed out last December, he easily made x4 of his initial investment. Even at the current price of bitcoin, it is still x2.

[barneystinson]

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

Seems this thread has been revisited by some, so how is your grandma doing again? Hopefully you did not sell on low and rebuy during ATH. Regardless, I dont think we would see bitcoin around 4200 region anytime soon. I'm not saying that it is impossible to go down at that rate but it has a slim chance of happening as of the current status.
Props to your grandma for listening to you.

[bigblackdeck45]

First of all you do realize that this is a bitcoin influenced forum so almost everything you read here are always positive on bitcoin. I think that is very irresponsible what you did, doing a risky move just because you read somewhere that it is fine to put all your grandmas life saving on bitcoin. I think you should have analyzed everything first before doing such drastic move. Next time do your own research and don't just believe on what other people says.

[Nilda]

Gutsy move! All or nothing. You and grandma must be living in luxury right now. Do us a favor. Don’t ever do that again. You might not get lucky the next time.

[bobylevamo]

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

Now the prices are almost triple of that. She must be a happy woman currently if she held those bitcoins.

[bryant.coleman]

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

OK.. So your grandma received 200% returns after listening to our advice. May be it is time to pay back some of that favor. You can send a part of the coins to my Bitcoin address (3Cmc5Bv2j6wGwWyhLGEjtcBDTpds2YFamN) as the consultation fee. Just hope that your grandma refrained from any panic selling during the dips.

[Iamdavid]

Who does that...one should never put all his life savings into na business, things are meant to be done gradually to monitor the ou come before investing big

[zigfridkr]

Gutsy move! All or nothing. You and grandma must be living in luxury right now. Do us a favor. Don’t ever do that again. You might not get lucky the next time.

Now here grandma will invest herself. Once a person tastes success with bitcoins, it is hard to resist.

[TiffanyLien23]

Why did you do that? Have you know that investing in bitcoin is very risky? Most of the people here said that investing in bitcoin was just like putting all your eggs to one basket. It means you have to know why investing on it was so very risky, just because bitcoin was so volatile. It was very unstable regarding of its value. As of now because you invest already, you must have to hold it and wait for it to increase again so that you wont loose a very big amount that you invest.aa

[JuniAiko]

$4200 is a really good price now! LOL!

[RuthaRubenstein]

You are fool. I dont think anyone ever said to put all of the life savings to bitcoins It is volatile in nature and its price graph cant be predicted.

[LikaCat]

very very bad idea. it was very reckless. it was not necessary to use all the money

[Addywealth]

Investment is suppose to be a personal decision, regardless of what people might have said concerning it you need the mind of your own. your grandma believe in you before she drop the money so she need you at this point to let her know there is hope for her investment. in the next few weeks bitcoin will begin to spring up gradually just calm he down for better tomorrow ahead.

[KwizatzHaderach]

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

Looking back now. Since she bought it at the 4.2K level with BTC hovering around 9-11K, you have practically dodged a bullet that will haunt you. If things went south, she would have seen her savings go down the drain. Hopefully, you don't do it again for people you love since investing in cryptos is very risky. Well, it's all in the past now.

[Saimoon]

I would not recommend doing such things. If she wanted she could buy some of bitcoin but she should not invest all her lifesaving. It's just isn't right. No one can predict the price of bitcoin. So putting all money in BTC would not be a right thing to do.