Post
Topic
Board Bitcoin Discussion
Re: Bye Bye Bitcoin..... Really???
by
luv2drnkbr
on 31/03/2014, 08:12:23 UTC
I am 25 and I invested my (small) money almost all I bitcoin, mostly when it was 830 and some when it was 600.  I am really panicked. Please give me some advice. Will bitcoin grow?

Bitcoin went from $17 to $2 over a 3 month period and then slowly climbed from $2 and $15 for 14 months.  It also went from $266 to $55 within 48 hours, and then settled about about $110 for the next 6 months.  $800 to $450, or $1200 to $450, no matter how you look at it, isn't some shocking thing.

The advice you need is that you shouldn't risk money that you can't lose.  I have near 100% of my net worth in Bitcoin, but I can also get a job almost instantly if I go broke, and I have friends and family with warm couches just in case.