Topic: Bitcoin can change lives (Read 1137 times)

Today we could be at the bottom and who knows in the future we will be at the top, that's how life goes and there is no instant way to achieve success because it requires a long process that needs to be prepared carefully. Without planning or targets we may never get this, life needs to be prepared, not waiting for luck to come. It is never too late when someone intends to invest in Bitcoin and all they need to do is seek knowledge before looking into it because without knowledge it can lead someone to the stage of unwanted losses.

I also have the same story as you, born from a simple family who did not have a large budget to invest in at first. I use half the salary I get to invest in bitcoin and it is practiced regularly using DCA. To this day, my financial strength is much better and I am able to build a clothing business as a dream that I have always aspired to. persistence will bring someone to the stage of success and if done correctly there will always be a way.

Of course Bitcoin has the potential of changing lives, but this change may not come to everyone. There are so many that have invested so much and haven't had much changes. We need to admit that there is a luck factor when it comes to stuff like this.

This is Literally a good topic If bitcoin can change lives. Just imagine   back in the year 2010.At that time BTC wasn't as widely known or used as it is today. And at that period BTC was around the range of 0.0008$.
     At that time there where only few places where you could buy BTC. The process was not user-friendly. However Back then people who were willing to put effort were able to buy BTC at a very low price. Just imagine are wealthy most of them as become as the price of BTC has increased.The funny thing that most of them could not wait till this time. what if they did? they will have been billionaires now, even those that bought BTC when the price where 10k and hold it till Now. as become millionaires now as the price increases to 30k depends on the quantity of bitcoin they have held.

So yeah BTC can indeed change lives that why you got to keep, learning more about it and keep on grinding. Now BTC halving closed I will keep on holding mine.

 

Not only Bitcoin changes life, the crypto space generally is full of life changing opportunities that we need to take cognizance of. Those who are new to the crypto space should also try and understand the opportunities available at their disposal, just the bot trading, copy trading and the likes.

You can also start investing in the foreign exchange market with a capital of 10 USD or 20 USD, not just bitcoin. To me, bitcoin is like a tool like any other for us to use, and whether we can change our lives or not is entirely up to us. A poor person works hard and can open a business or find a high-paying job that helps him escape poverty and have a better life. In your opinion, is it because of his constant efforts or because his work helped him escape poverty? Bitcoin is similar.

A person's life journey cannot be predicted, this is what I read from this forum, many have succeeded in making big profits from investing in Bitcoin, especially those who have known Bitcoin for the past 5 years. However, it's not too late to invest in Bitcoin as long as you really learn it and you will also get benefits that can change someone's life.

I myself come from a poor family. Even though currently Bitcoin has not changed my life as a whole, as long as I know Bitcoin I have felt quite a change in my life, especially in terms of finances. And it's true, bitcoin can attract all groups, both poor and rich, to get bitcoin because we can get the price using the DCA method. This is different from Real Estate, which requires a lot of capital. So I have no doubt that bitcoin has changed many people's lives 180 degrees.

If no one sells bitcoin and everyone holds, then no one will be able to use it, to spend it. In 2010, some sold it and some bought it, it was a great step from both sides to make bitcoin more active and more popular. Yes, there was a man who sold thousands of bitcoins for some pizzas, yes, he would be a billionaire if he hold them and didn't sell but he wrote history and he gave a push to active trading and usage of bitcoin. My opinion always is to actively use your coins, develop better crypto ecosystem and hold some part of it but don't hold like hen holds eggs.

I cannot fully agree with this. For me short term and long term games are different in their roots. You can win both of them if you know how to play. And we definitely cannot tell for sure which one would bring more gains. When you are not prepared, when you head is not enough cold, even holding could be like chasing shadows, because you don't see any landmarks.

Definitely lives and behaviors have changed but this don't translate to real world for now especially with the poor people and when I mean poor people, I mean those that are living below the poverty line, long as there's people like that that can never access bitcoin, I can't really call it a true life changer because if bitocin can't reach those below the poverty line then what even is the point? Are we just dreaming to want the position of our oppressors? I definitely agree with you about helping newbies learn that there's negatives too on bitcoin but that's something that needs light touching so as not to scare them from engaging with bitcoin.

In the same way that parents plant values in their children and hope that they grow, early Bitcoin users took a risk by jumping into the unknown, not fully understanding what it could do but sensing a chance. A lot of people have benefited from their risk, just like parents who work hard to raise their kids. You need to be patient, smart, and strong to win this game. But, just like in gaming, not every roll wins. As you correctly pointed out, time is what really shows how valuable an investment is, whether its in people or in Bitcoin.

This idea is reflected in what you said next about the current state of Bitcoin. Even though Bitcoin's days of fast growth are over, that doesnt mean its not valuable. When market demand goes up and supply goes down, gamblers need to be patient more than ever. Long-term trends, not short-term highs and lows, are what matter in this high-stakes game. When you play for short-term gains, its like chasing shadows in a dark theater.

right mate , because whatever or however Bitcoin can give still our live relies on how we work for it and how we do our best to have a life better.
remember that Bitcoin is a currency and now an asset so in time this will serve its purpose and this is also for long term so before that we need to eat and we need to spend .
I know how much Bitcoin  can bring to our life but it is for future so we need to face today and tomorrow.

And no one knows what we will be like when we grow up, of course it is a future that is very difficult to predict, but if both parents always instill the best lessons in us since infancy then it can help them to predict that when we grow up we will be good children and make both parents proud, this is a logic that makes as much sense as bitcoin. When bitcoin has just appeared, no one will know how big bitcoin will be in the future because it is difficult to fully predict, but by always finding out about the clarity and potential of bitcoin, maybe at least we will be able to know or get an idea about bitcoin in the future. Of course we need time that may be long enough to be able to know all the potential and opportunities in bitcoin, and I say it is one of the processes before you can finally achieve success there. Lucky enough for anyone who has followed and adopted bitcoin from the first time it appeared, even though they did not fully know what bitcoin would be like in the future but they appreciated the project that was just built and in return they are now millionaires.

That makes sense buddy, it looks like there really won't be a significant surge like what happened a few years ago, none other than because as you said, now almost everyone knows what bitcoin is along with its benefits and advantages. Market demand is increasing and the supply of bitcoin is running low, of course in conditions like this we have to be more patient, no longer for the next 3 or 4 years but maybe the next 10 or 15 years we will be able to feel significant benefits.

When we were just infants, no one had a clue about what Bitcoin would become. It took us a considerably longer time to truly grasp Bitcoin's potential. I believe those who adopted BTC early on when its price was below $1 were individuals who valued Nakamoto's vision back then. They wanted to support the project Nakamoto was developing by holding some BTC, without any expectations of it becoming as valuable as it is today. Because, back in the day, Bitcoin was envisioned as a peer-to-peer currency, not an investment instrument.

We won't witness price surges as outrageous as in the past, as everyone now recognizes that Bitcoin is primarily used as an investment vehicle. For those still contemplating making Bitcoin a life-changing factor, perhaps you should exercise a bit more patience because Bitcoin has now entered its adolescent phase. It's well-known and increasingly adopted by a significant portion of society.

The majority of those who have joined the Bitcointalk forum have studied the world of Crypto and are very aware that Bitcoin can improve economic conditions and change their lives. Bitcoin has also changed the habits of many individuals, who are usually used to saving to having assets in the form of Bitcoin. But behind the excitement that Bitcoin can bring, Newbies must also learn the negative impacts that Bitcoin can have on their lives.

Even though Bitcoin investment can potentially change your life for the better, on the way to the financial freedom that can result from Bitcoin investment, investors will be tested by market movements that are not as desired, perhaps even worse than they have ever experienced before. The longer you are in the Bitcoin market, the more positive experiences that can lead you to become a successful investor.

Absolutely true, there are many people who knew about Bitcoin in the past but they didn't get rich and their lives didn't change. Perhaps their lack of knowledge was the main reason for this misfortune. There are many people collect bitcoins from that time but they couldn't hold it until the right time. However, they did not succeed. But Bitcoin is still a great tool to fulfill those people's dreams. If they learn from the past and use the present time to hold on until their dreams come true, I am sure they can change their lives through Bitcoin.

The crypto industry, particularly Bitcoin, has shown tremendous growth over the years. It's true that many people are hesitant to invest due to market volatility and the performance of coins over the past year. However, as you rightly pointed out, it's crucial to look at the bigger picture and understand the long-term potential of these investments.

The example you provided about the price of Bitcoin in 2010 versus today is a perfect illustration of this potential. It's a clear indication that those who invested early and held onto their investments have reaped significant rewards.

Your advice about using the DCA (Dollar Cost Averaging) method is also very insightful. This strategy, which involves investing a fixed amount at regular intervals regardless of the price, can indeed be an effective way to mitigate risk and potentially maximize returns over the long term.

It's also important to note that while the crypto market has a lot to offer, it's not without risks. Therefore, potential investors should always do their own research and possibly seek advice from financial advisors before making any investment decisions.

People only see the results but don't go through the process so there is nothing they can apply and actually it is the process that will mature us to achieve success. Vice versa with investment and when we see other people have been successful then we will also do that, but unfortunately only a few people are willing to learn first before investing directly. In the end, they were deceived by this investment because it was based on promises of big profits by other people and did not try to study it first with the correct knowledge.

This is what often happens to people who have not learned to understand investment and because their get-rich-quick mindset encourages them to accept other people's invitations, even though investing can be done alone without involving other people. It is important to study the risks so that we do not fall into excessive panic, especially when the market experiences a sharp decline.

In my case, I will clarify it as a lack of proper information. Do you know that feeling where you don't even allow yourself to be convinced into doing something you are totally not interested in? Yeah, I believe that when I first heard about Bitcoin, it was still trading at $1k and below, but I was so skeptical about it, and even in that state, there was no one to properly educate me on the reasons why I needed to invest in Bitcoin. But I am glad that, lastly, I still did not miss out completely. Some people said when they heard about Bitcoin, it was cheap, but they didn't have the money to invest, which got me wondering: if Bitcoin was cheap back then, according to them, then why can't they afford it? Although it doesn't mean that anyone who wants to buy bitcoin now cannot afford it, it will rather require them to patiently keep accumulating before they can get a significant amount of bitcoin.

I bet you that not only the OP but many people are having this mindset, many people are even selling their assets to focus on the bull season expected to take place after the halving. Optimism and expectations about the future of bitcoin are commendable, but our abuse and dependence on bitcoin in the hope that its growth will make us rich is quite risky. As for those I mentioned, I wonder what they would be like if there wasn't a bull season after the halving?

You're right, no matter how good bitcoin is, we should never rely solely on it to live. This life is very unpredictable so always have many plans for life instead of relying on just one plan. We cannot invest all in bitcoin and do nothing, and just wait for it to increase in price to become rich.

Don't let your life rely only in Bitcoin mate.


Yes this is profitable and promising , proven to be climbing value from year after year , but this does not change the reality that we need to work to become rich.

we need to have  a real life and real earning , let bitcoin as your other source of investment but never to  expect this market to change your life.

Our life relies on how we are pushing it, don't blame bitcoin if time comes that you did not changed life because of completely waiting here,

have a work, have a business , have a plan in real life.