Need your advice for student who invested all his savings into bitcoin

[filharvey]

Hello everybody.
Here is a real problem when not experienced people invest in bitcoin because of its hype. But let's imagine if you are a student who invested all savings into bitcoin.
Many experts say it's a bubble. CEO of JPMorgan Chase says it's a bubble, now it's down almost 30 - 40%... 

What can you advise? 

Just fire the CEO of JP Morghan.They belong to the banking and financial sectors and they would only criticize bitcoin as their related industries have started to suffer mainly due to bitcoin.They actually treat bitcoin as their main rival.So nothing positive could be expected from such persons.

They are helpless.They try to maximum criticize bitcoin.It is this same jamie dimon,CEO of JP Morghan who has been accused that he bought more bitcoins at cheap rate when its price fell as a result of his tweet.
So,their views must be just ignored.

[949miner]

Let me tell you that you are a dumb, you wrote this a few days ago when the price was aproximately 14 thousand dollars, what is wrong with that price?

It was less than $5000 three months ago. And it increased by more than x4 in just one month.

Came on mate, just be REALISTIC, it dropped, yes, but now it is going up again; $17,600 at the moment, that is huge.

But let's imagine if you are a student who invested all savings into bitcoin.
Many experts say it's a bubble. CEO of JPMorgan Chase says it's a bubble, now it's down almost 30 - 40%... 

[Partizanai]

Let me tell you that you are a dumb, you wrote this a few days ago when the price was aproximately 14 thousand dollars, what is wrong with that price?

It was less than $5000 three months ago. And it increased by more than x4 in just one month.

Came on mate, just be REALISTIC, it dropped, yes, but now it is going up again; $17,600 at the moment, that is huge.

But let's imagine if you are a student who invested all savings into bitcoin.
Many experts say it's a bubble. CEO of JPMorgan Chase says it's a bubble, now it's down almost 30 - 40%... 

it is over 17k in international exchanges and the price is climbing up, so your investment is safe, you will indeed pay your student loans with bitcoin

[FRJ]

I myself and a student, therefore giving advice to the students means that I give advice to myself, I think the main work of a student is to study, and if there is a chance to do something else, then do it, and in my opinion the biggest The opportunity is to invest in bitcoin, but invest as much as I can for my students,

[biletskiy]

Hello everybody.
Here is a real problem when not experienced people invest in bitcoin because of its hype. But let's imagine if you are a student who invested all savings into bitcoin.
Many experts say it's a bubble. CEO of JPMorgan Chase says it's a bubble, now it's down almost 30 - 40%... 

What can you advise? 

If you want to profit from your investments, then you need to learn how to distribute your funds between different investment assets. The price of bitcoin is too unstable and no one can guarantee that it will not fall sharply either.

[Rodeo02]

Hello everybody.
Here is a real problem when not experienced people invest in bitcoin because of its hype. But let's imagine if you are a student who invested all savings into bitcoin.
Many experts say it's a bubble. CEO of JPMorgan Chase says it's a bubble, now it's down almost 30 - 40%... 

What can you advise? 

If you want to profit from your investments, then you need to learn how to distribute your funds between different investment assets. The price of bitcoin is too unstable and no one can guarantee that it will not fall sharply either.

exactly investment here in crypto are not just depending on one you have to learn on how you may able to have a lot of it then you may able to have some different , by just one you may not able to take the opportunity of having a lot of profit this is how may cyrpto is to be.

[QUANTOR]

Jesus.  Yeah--this is why I've put no money into bitcoin (or any crypto) in quite a few months now.  People are acting so frigging irrational about bitcoin, like those stories you read about how people are selling their houses for btc, buying it with credit cards, selling their kids' toys, etc.  This is what happens in bubbles and I want no part of the crash that's coming. 

So for the student, I'd say sell everything you got and focus on your studies.  I don't think college students really ought to be speculating, but that's just me.  When I was in school I never had enough money to gamble anyway--I needed it to eat pizza.

Different students, different wishes and life expectations. There is no financial literacy for people who hear all around about bitcoin and so on. Some of them get in and invest savings finally. 

PS. Some students think about a slice of pizza, some about how to make a brilliant future 

[QUANTOR]

Hello everybody.
Here is a real problem when not experienced people invest in bitcoin because of its hype. But let's imagine if you are a student who invested all savings into bitcoin.
Many experts say it's a bubble. CEO of JPMorgan Chase says it's a bubble, now it's down almost 30 - 40%... 

What can you advise? 

Just fire the CEO of JP Morghan.They belong to the banking and financial sectors and they would only criticize bitcoin as their related industries have started to suffer mainly due to bitcoin.They actually treat bitcoin as their main rival.So nothing positive could be expected from such persons.

They are helpless.They try to maximum criticize bitcoin.It is this same jamie dimon,CEO of JP Morghan who has been accused that he bought more bitcoins at cheap rate when its price fell as a result of his tweet.
So,their views must be just ignored.

Btw, Jamie Dimon (JP Morgan) changed his mind about bitcoin fraud.
Here is a link: https://www.c[Suspicious link removed]m/2018/01/09/jamie-dimon-says-he-regrets-calling-bitcoin-a-fraud.html

[CryptoMaskNL]

Only one good advice..... Never invest more than u can afford to lose 

[hasmukh_rawal]

Bitcoin is decentralized and therefore there will be many accusing it and many praising it. It depends on you whose words you take seriously.
People like Jamie accuse it and use their influence for manipulation of it's price while there people like John McAfee and Bill Gates who praise Bitcoin for it's potential. As for the drop in price, it happens. BTC has huge volatility. It goes down one day and doubles the other day. So if you believe in BTC then hold your coins and if you think it might fall then just sell off your coins without any regret in future.

[TorbiK]

First, any financial markets or economy can be called a bubble. Secondly, can a student have a lot of savings there? Forgetting about these investments, he will make up money for the short term. Unless, of course, he didn't invested the inheritance in Bitcoin.

[liuqi]

Hello everybody.
Here is a real problem when not experienced people invest in bitcoin because of its hype. But let's imagine if you are a student who invested all savings into bitcoin.
Many experts say it's a bubble. CEO of JPMorgan Chase says it's a bubble, now it's down almost 30 - 40%... 

What can you advise? 

If you want to profit from your investments, then you need to learn how to distribute your funds between different investment assets. The price of bitcoin is too unstable and no one can guarantee that it will not fall sharply either.

exactly investment here in crypto are not just depending on one you have to learn on how you may able to have a lot of it then you may able to have some different , by just one you may not able to take the opportunity of having a lot of profit this is how may cyrpto is to be.

What is this reply about buddy. Too funny you just said that you may able to continuously. For op quote, we can invest on the bitcoin at any time whether it is a student or any big investors. This will give returns according to the investment amount you have.
So it is the similar to everyone. Even Jamie Dimon said yesterday that he understood the bitcoin's potential in the market now and he is also supporting some of the ICOs which is presently live in the market.