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

[newb-dev]

Your grandma is a lucky person to know at her age about bitcoin. My grandparents are too old for technology so they are not interested in such things

[darkangel11]

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.

He bought at $4200. The grandma is a millionaire by now. Stop saying stupid things if you haven't even read the first post!

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

It was but you only live once and fortune favors the bold. If this wasn't a troll topic I'd like to personally congratulate the lucky grandma

[WHENSandozCOME]

You did right if you invested money when it is going down. But if you invested  while going up you did wrong because then the price may suddenly fall

[InahC]

I don't know if this is true or this guy is just making fun on this site.
But in case it is, well all I can say that there's no guarantee.
You should learn intelligently especially here on the business world.

[Eros1on]

Now it seems that your decision is not wrong, but don't you think it's too risky to do the same thing in the future? What would your grandmother's life be like if the price of bitcoin had been falling?

[ipanks]

You did right if you invested money when it is going down. But if you invested  while going up you did wrong because then the price may suddenly fall

but still, it is not good that he told his grandma to put all her life savings in bitcoin because his grandma still money to buy something that she wants. although he can buy bitcoin at the lower price, she needs to wait until the price increase back and she also needs to continue her life by buying food. and if she put all her money in bitcoin without any of member family support her to buy something, then I don't think that his grandma could buy something.

[Spades77]

If this is true, then I just hope you have informed and educated your grandma about the risks of this investments even before you put all her life savings into it. If she is well informed and willing to take the risks then let's all just wait and see, hopefully it turns out for the best.

[Sithara007]

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

If the OP was not trolling, then his grandma got 150% returns in less than two months. Is there any other asset which gives this much returns in such a short duration? It was an extremely risky move, but as the saying goes: fortune favors the brave. They took the risk, and got rewarded for it.

[Nightmare0619]

You are stupid enough for making decision based on mere hearsay. There's no guarantee on everything... You invest your grandmother's money when she should be using it on her age... Investing/Making money is for young ones, When you are old you should be using it. 😑

[neo444]

I think your grandmother can earn a high profit from her investing money in bitcoin because her price now is 10270$

[J_CCreate]

Investments decisions should be made only by yourself. No pressure from others only if you completely like the idea. Cash out when it will blow up, don`t wait till it go to millions, cause market is very volatile and it can drop down to 1000$

[andjd]

Is your grandma happy now? it should be

[echo11]

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.

[sadsNDJ]

I don't know what happened to your mind man.
I don't know if ever your grandma will also follow on what you had said to her. Gosh.

Hahaahaha. Just be ready for the consequence. That's the only thing you can do here. Try not to be fully believed with others man.

[Agetan]

I don't know what happened to your mind man.
I don't know if ever your grandma will also follow on what you had said to her. Gosh.

Hahaahaha. Just be ready for the consequence. That's the only thing you can do here. Try not to be fully believed with others man.

It is completely her wish what she wishes to do with her money. You cannot blame anyone other than yourself if bitcoin crashes, but I do believe its value will rise substantially in the long run. Stay positive to make everything positive

[Lodipetmalu]

It is advisable to put all her life savings for bitcoin. Maybe a portion of it. Because your life savings will be used once your are in need or in emergency cases. Putting it all in bitcoin is a very high risk.

[Jexjatto]

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

Now i think that is a very bad decision to make with you grandmother's money in the first place ..

You better be kidding about it, and if not,

You better start looking for how to salvage what is left of it ..

[Jenn09]

That is so insane decision don't ever invest if that money is your only money and that money is very needed in real life, as I always saying to other don't put your money on a waste and remember that only invest what is you afford to lose for the day that come that you didn't profit or you loss, then you didn't regret that much.

[Fasunathan]

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

I wonder what happen to the bitcoin of your grandmother. If you hold it until now i am sure your grandmother will be so proud of you. But i think you just make a very very risky move or decision that involve your grandmother's money. You put ALL her lifesavings into bitcoin but what if the scenario is the other way around. What if bitcoin dip to $1k? I know that we can always say hold, but it is not your money. For sure your granny have a weak heart because she is old by now. She can't withstand the volatility of crypto. You know what i mean.

[Matildada]

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

I don't know why you believe so foolishly, the price of bitcoin is unstable, it will crash at any time, and your investment will suffer a huge loss. You have no right to invest your grandmother's money in bitcoins. If bitcoin fails, your grandmother will lose all her money.