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A comment on Hundreds of Bitcoin Wannabes Show Hallmarks of Fraud. Parent comment

Re:Hundreds of Bitcoin Wannabes Show Hallmarks of Fraud by johnpowell on Thursday May 17, 2018 @03:47PM (#17094852)
When Bitcoin hit around 14K my mom had heard all about the rise on MSNBC/CNN. So she asked me how to buy bitcoin. She needed to replace her radiator. She had about 500 and needed 1200 so she thought it was a reasonable gamble. So I had her send the money to me and I told her I would invest for her.

I did not..

But I did inform her that when it crashed I just stuck her money in my savings account. And nothing was lost. I was willing to eat the loss if it had gone up when she wanted to cash out.

And I did buy her a new radiator. I don't have to give a shit about mothers day for the next decade.

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Re:Hundreds of Bitcoin Wannabes Show Hallmarks of Fraud by mihaifm on Thursday May 17, 2018 @04:58PM (#17095707)
Not sure what your point is here. Predicting price movements is not an easy task, even for experienced traders. If you bought at 14k and sold at 20k, you would've made money. Nobody really knows the direction the market is going, otherwise we would all be rich now. Some trades make better profits than others based on experience, but for the most of us it's just pure luck.
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Re:Hundreds of Bitcoin Wannabes Show Hallmarks of Fraud by daanlo on Thursday May 17, 2018 @04:13PM (#17095181)
:)
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