Much appreciate the replies guys. Will certainly take all your suggestions into consideration. I myself own a small amount (about half a coin) and am quite comfortable with my investment. But like you guys said, it is risky. Upon further thought, I'd say at the moment I don't think it would be a good idea to suggest to them to invest in it, despite my personal beliefs that BTC will rise in value over the long term. 100K is a lot of money and like one poster stated, I don't think I could handle the burden of having their savings wiped out should BTC collapse for some unknown reason.

I think it would be wiser to, per avikz's suggestion....invest the funds into a Portfolio Management Service. I'll have them look into that direction instead. Meanwhile I'll continue to HODL my 0.5 BTC and hope for the best

Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?

Please give me your thoughts. IRA or Bitcoin for the long term?

Thanks for the candid reply. What about trading Cryptos using robots?

Hi guys. Ran into this thread by looking for some answers to the same questions the OP had.

My question is, has anything changed since the last post in this thread that would make cloud mining worth it? Also, what about those people on youtube claiming they've made good money using HashFlare?

BitClubNetwork? Is this a real program?