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Topic: 6 real-life lessons I learnt from Bitcoin (No 6 will amaze you👇) - page 2. (Read 289 times)

hero member
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Bitcoin Casino Est. 2013
That's a common knowledge that everyone know where wallet credentials should be kept secret no matter the cost as it is vital in keeping your crypro safe and sound and also needed to access your wallet whenever you would do transactions like sending bitcoin to friends if ever they want to buy or sell Bitcoin to you or trading for example. About the bitcoin wallet being kept secret is when you still don't want your next of kin to owm it when something happens bad to you or a person pass away.
legendary
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Goodnight, o_e_l_e_o 🌹
Nice write Op, can I contribute to your article?

1. STAYING ANONYMOUS KEEPS YOU SAFE:

(e.g March 2021, when the price of Bitcoin fell from $60k to $30k and people were crying over their lost funds, so tell me, had it been anybody knew who Satoshi was, what do you think would have happened to him?).
Vitalik Buterin and Gavin Wood are known and are co-founders of Ethereum, so when Eth fell from $4,000 to $2,000 what really happened to them?
If though Satoshi is not anonymous, he could also not single handedly make chances in bitcoin without the approval of majority of the community. Though staying anonymous is the best option for Satoshi.
But what I'm arriving at is that even some ponzi scheme founders still walk around after their scheme crash, so nobody would have demanded for Satoshi's head.

4. THE REJECTED CAN BE SOMEDAY VALUED:

So it's always good to value every little opportunity that comes your way because nobody knows tomorrow.
Well, I cannot confidently say that bitcoin was rejected at its early stage. Every technology suffers at the initial stage before they could gain popularity and adoption. You should have not expected everyone to jump into bitcoin by 2009. If that is your expectation, it can be good you go buy about 2000 altcoins to value the opportunity, because we don't know tomorrow.

5. SUCCESS TAKES TIME:
Not all success takes time, not all failure happens fast.

6. SOME THINGS ARE MEANT TO BE KEPT SECRET:

Because when you create a new Bitcoin wallet, there are always these 12 words called "key phrase" that pops up on the screen, and it will be boldly written, "Keep secret, don't share this with anybody". Which means that there are certain things in life that you don't need to share with anybody, but to keep a secret between you and your God.
I hope if you are no more, your next of kin can find your seed phrase.

Thank you.
hero member
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Preamble

We are all familiar with Bitcoin and know how it works, so within my 3years of experience with Bitcoin, I have learned a lot, so I thought I should come to share with you guys some of the real-life experiences I have learned from Bitcoin, and they are;



REAL-LIFE LESSONS FROM BITCOIN

1. Staying anonymous keeps you safe.

2. What goes up must surely come down.

3. Location can never be a barrier.

4. The rejected can be someday valued.

5. Success takes time.

6. Some things are meant to be kept secret.



DETAILS....👇👇👇


1. STAYING ANONYMOUS KEEPS YOU SAFE:

Because just as the father and founder of Bitcoin "Satoshi Nakamoto" made himself anonymous far back in 2009 till date, his followers should follow suit, because life itself is as unpredictable that things sometimes may not go as planned, so staying anonymous keeps you safe when the unexpected happens.
(e.g March 2021, when the price of Bitcoin fell from $60k to $30k and people were crying over their lost funds, so tell me, had it been anybody knew who Satoshi was, what do you think would have happened to him?).



2. WHAT GOES UP MUST SURELY COME DOWN:

Because just as the price of Bitcoin doesn't remain stable, but goes up and down, so does every situation in life goes up and down too, because nobody knows the next few hours, as a poor man, today can be rich tomorrow. So always try to be good to everyone because tomorrow is pregnant.



3. LOCATION CAN NEVER BE A BARRIER:

Because I could remember far back when sending money to family and friends across borders was seen as something impossible or expensive, through the use of middlemen who charges high, but bitcoin came and saved us the stress and time breaking the barrier of location.



4. THE REJECTED CAN BE SOMEDAY VALUED:

Because I am sure far back in 2010, there must have been people who knew about Bitcoin mining but because they never saw the immediate value in it back then, neglected it and today are regretting it. So it's always good to value every little opportunity that comes your way because nobody knows tomorrow.



5. SUCCESS TAKES TIME:

Because success always comes to those who are diligent and consistent in whatever they do, because we all know that BTC started with a value from $0.0000001 to $0.1 and $1 and now $45,000 gradually within a period of 13years, Which means that to succeed in life it takes time and consistency.


6. SOME THINGS ARE MEANT TO BE KEPT SECRET:

Because when you create a new Bitcoin wallet, there are always these 12 words called "key phrase" that pops up on the screen, and it will be boldly written, "Keep secret, don't share this with anybody". Which means that there are certain things in life that you don't need to share with anybody, but to keep a secret between you and your God.


So, Thank you... 🙏🙏✍


 

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