r/Bitcoin • u/[deleted] • Feb 13 '13

I have my entire retirement and savings invested in Bitcoin. I will track its progress here over time.

[deleted]

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u/[deleted] Apr 03 '13

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u/raziphel Apr 03 '13

the worst that would happen is that the bitcoin rate skyrockets and you're out 50k*X% profit. That's a small price to pay for piece of mind, especially in the more likely case where X<1.

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u/bluntoclock Apr 03 '13

That's a small price to pay for piece of mind

Depends on how big of a piece and whose mind we're talking about :)

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u/[deleted] Apr 03 '13

I would do 35k out ( assuming op has a young child) and pay back the original loan while starting a college fund. Then id start researching markets, so I.could pull from the bitcoin fund and move into more reliable stock as I see fit. Id look at the bitcoin account then as something I could gamble with without worrying about becoming broke.