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

[CONOFLEX]

This is a chat forum ,everone got a right  to his opinion,this means not all the inputs is 100 % correct,you must still do your own research and then  decided what will be the best for you.

[AteenaD]

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

Have you explained thoroughly to her all the consequences as to what might happen to her investment? Bitcoin's price as of this writing is $9,427.31. That already doubled the price when she bought her bitcoin. Your grandmother had already profited enough on her investment. The big question is what will be her next move? Or your next move? Which is which.

[focmere]

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

I guess your grandma is going to leave you alot of money. Or to your parents now.

[russella31]

I can see some comments here and it made me smile. Of course no one in his right mind will invest all his money in bitcoin. It's a stupid thing to do. Most people would advise to invest carefully and you would get the same advice from me.

[Socioman]

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

I hope now you and your grandmother are happy. $ 4200 - at the moment it's very cheap). Although you did not deliberate and very risky. Everything turned out well. Congratulations! 

[CuteBaby123]

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

If you did that last year, you had probably rich now, i mean your grandma would been very rich now. The price last year went up, that if you sold your bitcoin during those times. But if you invested sometime December and did sell everything, you had been lose something.

[roshanface123]

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

Don't do foolishness. Bitcoin is a cryptocurrency, its value will get down at any time. So don't take the risk with your grandma's lifetime savings. It's better to put half part into bitcoin,then comoarituvely we can reduce the risk.

[Asusnumbaone]

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

You were the one who will make the decision, you were the one that will make that decision. It was also you who ask us about our opinion and you were so fool to take the risk without knowing the consequence. Bitcoin is a long term investment. If you are not willing to wait the withdraw. Bitcoin is not for someone who is not willing to wait.

[Intersan]

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

You can clearly see that bitcoin is overtaking the social media hype because of its rapid growth of adaption and most of the people are seeing it as a chance to get out of poverty but I don't really think that bitcoin can help them. You can't always trust people on the internet on how you do or interact on your daily life. Dude, you are old enough just to think twice what's wrong and right Please don't be a fool to listen to somebody's advice. You are risking your grandmother's lifesaving money just for bitcoin.

Though many people serves as evidence and proof of how earning bitcoin is beneficial,  one should not just base what he is going to in these.  A move like what the OP did is beyind risky because it is not his own money but his grandmother's.  Many people may have succeeded in here,  in crypto earning but still their success doesn't mean the same for you or what  hapoened to them doesn't mean that will happen to you also. Investing in bitcoin is a good move but using someone's money is not,  especially in your state wherein it was your grandmother's life savings.

I just hope that no one would do the same thing and same way as what the OP did. If something not good happened,  it was grandma who will be having the hard time the most.

[rcoins0720]

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

Lol risking all money of your grand mother is some kind of gambling especially if you dont have a good plan in investing or making your money grow with cryptos...
Although crypto currencies are proffitable the fact that it is unstable and some or most of people are succeeding is becaise they have gokd strategies.. if you plan to hold it for a long time chances are small to grow

[hot_ads]

If so, then I can only say that you are very foolish, speculation can only take the extra money to buy BTC, but can not affect the life of money to invest in BTC.

[cordlesslake]

It is always too risky to put all the eggs in a basket. You could explain to your grandfather what the btc is and maybe suggest a smaller investment in btc and / or altcoins.

[Sumo]

I hope it was a good investment. Because it can be very profitable to close in December. But in a whole this subject can already be close here.

[toop548]

Bitcoin is indeed a very good investment. The future is also very good. But after all it is investment, investment will be risky. I suggest that you should not allow Grandma to invest in the final life-saving money.

[meanwords]

I guess you're decision is not that bad after all. Just look at the price, your grandma has just profited 70% of your investments. Congrats though.

[BitcoinMarketer39]

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

You can expect to earn a huge amount of profit because the prices might increase up to $20k dollar again at the end of the year and do not lose hope when the price of your coin is melting because it will eventually go back to normal after a few weeks or months.

[bitcoinjasensatom]

When grandmas are buying its time to sell

It's not a good idea to let all your grandma put her  lifesaving in Bitcoin coz no one can predict what will happen in the coming days, because we all know that there is flactuation of value in Bitcoin. Be always aware and be responsible in every action you make.

[CaptainKid]

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

It's funny! I hope your grandmother sold her bitcoins in December at the maximum price, and now she has a lambo.
In fact, you need to draw conclusions yourself and take responsibility.

[DoublerHunter]

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

It's funny! I hope your grandmother sold her bitcoins in December at the maximum price, and now she has a lambo.
In fact, you need to draw conclusions yourself and take responsibility.

Yup, I also hope that she hold her bitcoin because if not then it will be just a small profit over the time or either a loss so it is really a good move to just keep having plans and strategies and targets through the years in order to not lose the opportunities because if your grandmother doesn't have a target price for her bitcoins then she is still holding and already lose the chance to get a lot of profits from december 2017.

[marjil]

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

It's funny! I hope your grandmother sold her bitcoins in December at the maximum price, and now she has a lambo.
In fact, you need to draw conclusions yourself and take responsibility.

Yup, I also hope that she hold her bitcoin because if not then it will be just a small profit over the time or either a loss so it is really a good move to just keep having plans and strategies and targets through the years in order to not lose the opportunities because if your grandmother doesn't have a target price for her bitcoins then she is still holding and already lose the chance to get a lot of profits from december 2017.

So you/ your grandma bought at $4200 and you are unhappy because the price dipped shortly after, back in September last year. Well, did you not sell when the price went up to $20000? And if you're still holding why not sell now at $6800? That would still give your grandma a profit of 50% which is truly an amazing return on her life savings over just six months.