How I lost half of my retirement investment in bitcoins

[Dr. Acula]

I'm going to probably sound ignorant as hell because this is one time I'm admitting to just reacting to the headline.

If you put ANY of your retirement into bitcoin you're a retard.

 

[ExodusNirvana]

I stand by my prior statement that this is not for investing

 

[winb83]

I'm going to probably sound ignorant as hell because this is one time I'm admitting to just reacting to the headline.

If you put ANY of your retirement into bitcoin you're a retard.

Not if you got in early and already pulled out. Investments are all about taking risks.

 

[ADevilYouKhow]

Not if you got in early and already pulled out. Investments are all about taking risks.

Buy high and sell low is the name of the game

 

[BigMoneyGrip]

If you didn’t get in on bitcoin on the ground floor when it was going for 10 cents a coin back in 09/10 you lost period

You couldn’t parked 5gs on that bytch back then and cashed out when it hit 10gs a coin.. once that shyt went to 15k a coin I knew that shyt was going to drop like a brick and suckers was getting got

 

[Shogun]

Lets create ColiCoins and get rich

Someone start tweeting

 

[EBK String]

Don't worry, pal. Give it a few years like @heisenburrr and that $25,000 should be worth about $32 million.

it is

 

[ORDER_66]

wtf was he doing?!?

Sidenote if he held it instead of selling it off he could have trippled his money


U big dummy...

 

[FAH1223]

Shoulda only put in a couple Gs

 

[Dr. Acula]

Not if you got in early and already pulled out. Investments are all about taking risks.

Yeah but use money that you don't mind risking. Don't use your retirement or if you do, don't cry when you lose your money because this is not a safe investment like say an index fund or bond.

You could easily invest 1000 bucks worth on a coin at 1 buck and only leave with 10 bucks if that shyt drops to a cent. That shyt has happened, especially if you make a stupid pick and dont research or get in at an all time high and right before a drop.

 

[winb83]

Yeah but use money that you don't mind risking. Don't use your retirement or if you do, don't cry when you lose your money because this is not a safe investment like say an index fund or bond.

You could easily invest 1000 bucks worth on a coin at 1 buck and only leave with 10 bucks if that shyt drops to a cent. That shyt has happened, especially if you make a stupid pick and dont research or get in at an all time high and right before a drop.

Let's be honest here. The common person doesn't have much money to invest in anything. Most people's greatest source of their net worth is either a house or a 401K.

Here's how much money Americans have in their savings accounts
It might not be scientific but 57% don't even have $1000 in savings.

 

[CouldntBeMeTho]

You still got those bitcoins breh?

this thread exposes exactly what a shythole hl is. i swear ktl on sohh was 10 times better

 

[Cynic]

Thread title is misleading ...the guy put a portion of his retirement. Cmon whose really retiring on $50k ???

 

[mr. smoke weed]

Since the thread was made four years ago, isn’t it same to assume that this dude made the fukk out?

 

[BushidoBrown]

Sidenote if he held it instead of selling it off he could have trippled his money

if he held onto even half of his initial investment...