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Author Topic: SELL ALL YOUR FIAT AND LIVE 100% CRYPTO!!!!  (Read 2415 times)
bandar
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April 12, 2018, 09:03:01 PM
 #21

I play this game the other way around: I haven't invested anything since 2013.  I invested 600$ then, got it out before 2013 ended and now I'm playing with the profit of all these years.  If it goes to 0 then it's game over.  For now it's game on  Grin 
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April 12, 2018, 09:05:40 PM
 #22

I don't think I have the balls to do it that way. But my lifestyle have a very hard connection to the real world and it is not easy to break it up. Anyway looks like a cool idea and I will consider it in the near and no so near future.

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April 12, 2018, 09:07:20 PM
 #23

This was a news that was trending around the cryptocurrency network for a short few months back. In specific he is one of the luckiest person as well, because the investment was made before the price pumping. He leads his life in refugee camp with other fellow people expecting good fortune to happen within targeted years.

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April 12, 2018, 09:08:05 PM
 #24

Sell 20% of your fiat, or as much as you can afford.
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April 12, 2018, 09:09:17 PM
Last edit: April 12, 2018, 09:30:29 PM by yoyolife121
 #25

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?

I totally agree.
Crypto is the future, I have my faith concrete. I have filled my bags with these, check them out:

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April 12, 2018, 09:12:38 PM
 #26

it is a very crazy decision, selling all the assets we have for bitcoin I can not imagine how the fate of that family invests at a price of $ 20000 whereas now the price is only $ 7690 by giving up a simple life do not even eat within a few days if bitcoin back at a price of $ 20000 then they can breathe but if the bitcoin does not return what will happen to them

BitcoinMarshal
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April 12, 2018, 09:18:36 PM
 #27

This is not good decision as all eggs in one pot can give very big shock we need to do some good decision for life as we are living with family its more selective as most of time pundits give tips they also never encourage to do decision like this just 20% or 25% is very good enough for investment in any trade I will never do this as this Dutch family done because I have no heart like this and cannot afford to do investment like this
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April 12, 2018, 09:18:36 PM
 #28

The sale of assets and fiat currencies to invest in crypto I think that is a mistake because if you do that will be very risky because you can not be sure whether the exchange rate of BTC increases or decrease, just a guess. Again, it is not allowed to put eggs in the same basket, as this will risk losing all of your possessions.

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April 12, 2018, 09:26:46 PM
 #29

If I did not have a family, I would do so. But if the risk is not justified, I have something to lose. Therefore, probably another time
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April 12, 2018, 09:32:15 PM
 #30

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?
Haha absolutely true, buy all the crypto you find. TAU, AION, DRGN AND LTC are looking strong and continuously progressing to go up. Depending on your use, choose one which satisfies your profits.

adzino
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April 12, 2018, 11:01:05 PM
 #31

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?


Not sure what you said is true or not. Do you have a source? A link or something? Did you try to verify the information? Just using 20% of their coins to trade and make profit to live is actually an unbelievable. They have to be very lucky to make such profits. Whatever, but selling all by assets and converting all my fiat to crypto currencies is something i will not be willing to do, since the risk over here is extremely huge.

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April 13, 2018, 02:08:28 PM
 #32


It's in Dutch, but maybe Google Translate will help: https://www.businessinsider.nl/limburger-zet-huis-te-koop-voor-85-bitcoin/

Thanks! I've read that article, Google Translate surely helped! This guy was very brave to put his house on auction for 85 BTC. I surely wouldn't have the guts to do that. With bitcoin being highly volatile and with the fact that price could fall immediately, he could very well be selling the house for half a price which was first intended in a matter of days. But I guess he is checking the market everyday. Cheesy

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April 23, 2018, 07:22:28 PM
 #33

A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade.

Would you dare to do the same? Sell all your FIAT for CRYPTO?

I will never do that, because I prefer to take affordable risks. I will never risk my dwelling, my car and other things that make my life comfortable. I will find other ways to make money. Crypto currency can give as well as deprive you everything.

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April 23, 2018, 07:27:06 PM
 #34

I believe that there was another family which sold everything in order to put it in BTC and moved to trailer and are waiting for the moon.
Bold and courageous move, respect and i hope they will thrive.

I for one cant imagine doing so , i would be stressed out my mind.

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April 23, 2018, 07:43:59 PM
 #35

For me it is very risky. Just need to live on some kind of money, until the coin is stored. And while the market has fallen I do not invest.

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April 23, 2018, 07:47:39 PM
 #36

Too much risk in order to do this. I do not think that this is a good idea, because in any case you need fiat money and do not forget about the most important rule of the crypto-currency world. Invest as much as it is not a pity to lose. Therefore, always remember this and draw conclusions only from this.
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April 23, 2018, 07:48:58 PM
 #37

The is what i may not be able to do, because it is quite risky and might not seem reasonable from my side. One might need fiat at any point in time, so what should happen in that case. Apart from that, anything can happen st any time. What is prices fall and i need fiat at that time. Then, i will have to sell low and loose. It is better to have reserve of fiat for any unforeseen situation.
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April 23, 2018, 08:57:21 PM
 #38

For me it's too risky. But it's possible that this Dutch family, first smoked something and then made such a revolutionary decision. Now it is important for them not to stop smoking this to avoid disappointment. Grin
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April 23, 2018, 09:46:04 PM
 #39

I don't think that is a good idea. I believe in crypto and its bright future, but I think this is very high risk and if the plan fails, than what is my plan B?

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April 23, 2018, 09:56:43 PM
 #40

I think that I will not have all my crypto savings for traveling around the world. I think I still need to work hard to earn so much money. I think the way this family did is very risky, but it can bring good profit in the future.
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