Quote from: redsn0w on October 31, 2014, 07:58:07 PM

Quote from: BitChick on October 31, 2014, 07:56:01 PM

Quote from: octaft on October 31, 2014, 07:51:45 PM

Quote from: BitChick on October 31, 2014, 07:48:38 PM

We will get a good little tax return next year that will pay most of the credit cards off.

The question is more about wants than needs I think. New carpet, new couch, a larger college fund for kids, better vacations,etc. But delayed gratification never really hurt anyone. As for college, I know many kids take out loans. We just want our kids not to have to deal with any college loans at all.

We are not going to lose the house or anything if that is what you are worried about. Wink

While you were the inspiration for my curiosity, it was more of a general question. I think there will be more than a few people who would be financially obliterated if bitcoin were to take an enormous hit, and that should be unacceptable for them, for their own sake.

True. The rules of Bitcoin *(all investment) should be:

1) Only invest what you can afford to lose all of.
2) Invest as much as you possibly can knowing this. Wink

3) Have a plan for taking advantage of the "bubbles" if and when they come, and do so with as little emotion as possible.

A little correction .

Not all investment opportunities are as amazing as Bitcoin though. Like Warren Buffet says, "Invest all your eggs in one basket and then watch that basket!"

Bitcoin is my basket of choice. So far, I am not disappointed in the outcome (Would like another bubble at some point of course.) Grin