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Author Topic: Money for school fees. Invested in bitcoin.  (Read 2944 times)
zynan
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January 29, 2018, 06:53:15 AM
 #161

Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!

You did a risky thing sacrificing your school fees. Well let's just pray that you invested in the right time. And I hope your money will be doubled or trippled by February because as what I'm reading lately there is a chance that btc and other coins will have a good price by Feb, I hope this will come true. Well just to make sure you won't loose money, try joining some bounties or airdrops for now and earn some altcoins that you can trade for eth, then to btc. I just wish you good luck, I hope you can get back the money you invested.

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January 29, 2018, 07:07:31 AM
 #162

It’s too risky for you. It would be better if you do not invest with school fees or other major money for your basic needs
megatrix
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January 29, 2018, 08:00:10 AM
 #163

Where do you get school fee ? From your parent ?
If you do, then your action is false, you shall prioritize education rather than investment except you able earn money for yourself then you can spend the money as you need.

Well said. You should have paid for your school fees because that’s what you should have did in the first place. You can always invest on bitcoin by saving up from your allowance.

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January 29, 2018, 08:06:54 AM
 #164

Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!

You should have paid for your school fees first and then saved enough money to invest on cryptocurrency. School is much more important however I do not belittle on the fact that you took a risk on this yts just that there was a better way on how to play this put and that is to first study so you can have that foundation and then put money on cryptocurrency once you have saved for it.

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January 29, 2018, 08:12:46 AM
 #165

Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!
are you fooling me?you had already invested your school fee now asking us about that?your impossible now i think what will happen to your study by next month,making foolish decision by your own and now that you feel being in trouble trying to ask some good thoughts.what i will tell you now is.YOUR FAIL thats for sure,because bitcoin wont recover for another month.instead maybe 3-4 months before it can go back to track,,better tell your guardian aout that decision you made before its too late
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January 29, 2018, 08:13:14 AM
 #166

Friend, you are so very unreasonable, investment has risks, not necessarily stable money.
And you with your tuition money to buy the currency, if the currency prices are down, you can pay the tuition?


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January 29, 2018, 08:32:28 AM
 #167

Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!
Much better for you to still join in bounty campaigns and after you get your rewards hold it atleast a months then sell then convert your eth to btc and invest.
This is a great suggestion, try to follow a bounty campaign so you no longer need to use school fees to invest. If you are a student, then following a bounty program will not be much of an obstacle.
Yes, I also support this kind of suggestions. it's risky to invest your money which need for your daily activities. you can searching a good bounty campaign. that's ok.
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January 29, 2018, 08:34:40 AM
 #168

I think there is another way to invest in bitcoin,Dont invest the money that is intented for paying your school fees.You parents might be sad if they will know that you invest it in bitcoin.It is okay to invest but if investing in bitcoin is for long term so it sill takes time.Then you will lose your studies if its like that and your parents will be mad.However if you need to earn you can join bounty first as your first step.
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January 29, 2018, 08:37:45 AM
 #169

i will not choose this than education for my child education is really important even we earn a lot of money from this but i think its not right to choose crypto than education, i will not tolerate my children about this
batang_bitcoin
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January 29, 2018, 08:39:26 AM
 #170

Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!
It's a gamble though if you really believed bitcoin the same thing that I'll do instead of spending it somewhere, I want to ride the train before it's too late. But this is very risky, we don't have an idea if the price of bitcoin will increase before the next payment schedule of your tuition fee. My question is on what price of bitcoin you started investing in? I hope that you bought when it was around $9,000. If you don't have any other spare money then the only thing you need to do is to wait for the price to increase before selling it and try to start looking for money now so if worst comes worst, you have a plan B.
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January 29, 2018, 08:53:38 AM
 #171

Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!

what have you done may sadden your parents most probably your mother, because the market is rather unpredictable. You can do that when you have fully knowledgeable in crypto because what have you done is like gambling wishing for your money to double without knowing its path is not a good choice. But whats done is done once the market got back get your money and don't lie to your parents next time if you really love crypto that much spent your free time to if practicing technical analysis here you can manage your emotions well before entering again and explore more crypto world is so big and who knows you can profit without spending anything like airdrops all you need is knowledge and more experience..

don't make permanent decisions when you are temporarily happy or upset..  DYOR
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January 29, 2018, 09:00:22 AM
 #172

It's definitely not a good action you made. Did you just do it knowing that your money will be put in danger or did you do it without knowing the risks? I hope you would get your money back as you expected.
There is no need to put him under stress and I believe that those who take risks in their lives succeed more than others. He is for sure going to earn much more than what he has invested just by exhibiting some patience. We just need to support him and he should stay confident about the step he has taken.

Since he has invested into bitcoin and not in some shitty altcoin, the huge profits are confirmed after some time. Let’s hope for something amazing.
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January 29, 2018, 09:22:06 AM
 #173

When I was in a high school my friend invested in bitcoin 500$, now he is a millionare. I can't belive my eyes when I know about it.
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January 29, 2018, 09:31:36 AM
 #174

That is why i did not agree the idea of introducing bitcoin in school. And yes you are right the education is more important than anything else. I am a family man with 3 children who are in grade school and in kinder, a father who always hope and dream for my children to be all professional someday. And bringing the bitcoin knowledge in school might discourage the student to pursue their studies and just invest in bitcoins.
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January 29, 2018, 09:45:26 AM
 #175

That is why i did not agree the idea of introducing bitcoin in school. And yes you are right the education is more important than anything else. I am a family man with 3 children who are in grade school and in kinder, a father who always hope and dream for my children to be all professional someday. And bringing the bitcoin knowledge in school might discourage the student to pursue their studies and just invest in bitcoins.

We shouldn't indeed stress on earning bitcoins in schools as that is a recipe for disaster because the kids will be money centered and will rather look  for ways to earn and invest in bitcoin rather than learn about the technology in general. I see nothing wrong in investing in bitcoins and using that investment as school fees in the future but i think it should be done by the parents and not the kids themselves.
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January 29, 2018, 09:54:53 AM
 #176

I think if you have a very strong piling for you invest why not. but you have to be careful if the piling you do will lose money. the most important thing is that you can join all the projects in this forum and if you have earned a fairly new income you can start learning to invest some of your income on bitcoin

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January 29, 2018, 10:03:38 AM
 #177

Quote from: yonghaseo link=topic=2832349.msg29034953#msg29034953 date=1517059 789
Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!
I admire you that you are confident in investing bitcoin.Investing is not bad idea but as a student like you is not good for you to invest specially that the money you invest is supposed to be for your paying your school fees,you should prioritize your studies because as you said,Education is very important..If you want to earn extra income,you better try to join signature campaign and it might help you for paying some of your school fees.

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January 29, 2018, 10:08:10 AM
 #178

That's a very risky but a smart decision too. Well, if your school will only ask you once for school fees at the end of the semester, then you have the chance of having your investment doubled or even tripled. But since bitcoin is unpredictable, let's just hope that it it will start to raise its market price now until you need to pay your school fees.

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January 29, 2018, 10:11:18 AM
 #179

I don't think it's reliable.
The price of bitcoin is unstable.
You don't know whether the price of bitcoin will go up or down in the future.
How can you make sure that the money you spend on your tuition is doubled?
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January 29, 2018, 11:44:27 AM
 #180

That's a very risky but a smart decision too. Well, if your school will only ask you once for school fees at the end of the semester, then you have the chance of having your investment doubled or even tripled. But since bitcoin is unpredictable, let's just hope that it it will start to raise its market price now until you need to pay your school fees.
It will never become a smart move for me because the price of bitcoin right now is on a moving down pattern because of the repetitive head and shoulders that we can see in the chart and i think that investing his school fee to  bitcoin will end up in regretting because it is better to complete the must to pay things rather than investing. Learn how to build a solid financial structure and not just put and put money into something.
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