Bitcoin can change lives - page 10. | Bitcointalksearch.org

Texac

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Quote from: Solosanz on October 08, 2023, 04:12:41 AM

Quote from: Kara3 on October 08, 2023, 04:04:51 AM

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus, you would be obviously filthy rich.

So you mean if I invest $1000 in Bitcoin right now, in the next thirteen years Bitcoin price will reach $135,000,000 or 5,000x times higher?

This kind convincing strategy is really bullshit, if people want to change their life, they need to learn a high paying skill instead of investing small amount of money and hoping the investment will increase really really high.

Bitcoin is indeed a potential investment, but relying solely on it and dreaming of a rich future without working is just bullshit. but unfortunately, this is the thinking of many people, they even refuse to work and use all their savings to invest in bitcoin with the desire to change their lives quickly. and that was not the purpose for which Satoshi created bitcoin and that only made bitcoin's reputation worse in the eyes of many people.

Indeed, if we want to change our lives, we need to have a high-paying job and try our best, not just wait for a bitcoin investment.

komisariatku

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If we talk about the history of bitcoin prices in the past, it is very tempting, bitcoin has a very cheap price and there is regret "why didn't I buy bitcoin at that time?

But we can't go back to the past, all we have is the present and the future. Maybe we don't have a past but we can make a future. Bitcoin prices are always rising and touching new ATHs, so it's never too late to hold bitcoins. There are many instruments and strategies for buying bitcoin, we just have to choose one and adapt it to our finances

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Quote from: Kara3 on October 08, 2023, 04:04:51 AM

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus, you would be obviously filthy rich.

This description should also be included in the topic you create to provide motivation to people who you say are beginners in crypto trading.
Another story about many people around 5 - 9 years ago who sold bitcoin for various reasons because they did not know the price of bitcoin could reach above $60k.
People who have sold bitcoins they bought at $10k don't know that bitcoin has already reached $28k.

Need comparative data to convince yourself before convincing others to invest in bitcoin and not rush to sell it. It is also necessary for each person who already has bitcoin to know that bitcoin is not only an asset that can be used for investment, but a means of payment.

cryptoaddictchie

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Quote from: Kara3 on October 08, 2023, 04:04:51 AM

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus, you would be obviously filthy rich.

I hope that this open the eyes of most newbie's the potential of Bitcoin, if you are already in the Bitcoin market just be happy because this market have a lot more to offer

Well things have changed since then with the idea of decentralization. If theres chance I could go back to that date then Im possibly buying a lot and hold of them until few years back. But right now, with that such price how can we believe that it could go more than that now? Like ita 27k could be like $27million a piece? We need to consider that and right now there are other choices too aside from it maybe we could bet on that instead?

salad daging

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Would anyone have known by the time 2010 rolled around that bitcoin would be above $27K or higher? You are comparing unrealistically as if for those who bought bitcoin in 2010 there were many people doing it but in reality there were not.

If you want to be rich buy bitcoin now in other words 5000 BTC Tongue

and wait 13 years you will be rich.

If you have a more effective way to invest then use that strategy, I think DCA is a common conversation here, I also do it because this is one of the simpler investments there is no pressure anyway, if about wanting profit then of course there is a target that must be achieved at what price it is sold.

Focus on accumulation and wait for the bullish after halving of course the rally will come.

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Quote from: Kara3 on October 08, 2023, 04:04:51 AM

The most simple but effective way I use to navigate my way in the market is the DCA method I use, accormulate as much Bitcoin as possible because the bull run will definitely change the history of your finances if you position your self right and wait patiently for the bull run to come .

Nice to DCA to be able to buy at varying prices. Bitcoin price is going to increase after next year halving. We have been waiting for this good period to come and it is not more than 7 months when bitcoin halving will occur.

Quote from: EarnOnVictor on October 08, 2023, 04:08:37 AM

This is no news, Bitcoin has the capacity to turn even the poor but well-informed people to be wealthy. It's all about the risk the person takes at that time that it's at low prices. It's still not late though.

People that make money with bitcoin are not likely poor but may not be rich either. People that invested in bitcoin are the once that are making money from it but poor people have other things to use money to do which may not let them invest in bitcoin as the money is not enough.

Solosanz

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Quote from: Kara3 on October 08, 2023, 04:04:51 AM

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus, you would be obviously filthy rich.

So you mean if I invest $1000 in Bitcoin right now, in the next thirteen years Bitcoin price will reach $135,000,000 or 5,000x times higher?

This kind convincing strategy is really bullshit, if people want to change their life, they need to learn a high paying skill instead of investing small amount of money and hoping the investment will increase really really high.

EarnOnVictor

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This is no news, Bitcoin has the capacity to turn even the poor but well-informed people to be wealthy. It's all about the risk the person takes at that time that it's at low prices. It's still not late though. The regret I have about Bitcoin is that it wasn't as popular as this, if not, I don't think I would have missed out on being a millionaire in the USD through it.

Such a very big investment success might not be possible again, but in the long run, the person that consistently invest in Bitcoin will never regret their bet on it.

Kara3

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Keeping records and history is a very important aspect in the crypto industry, as it helps us know the the event that took place in the past.

So many people, when you suggest investment in the crypto industry, they will tend to make excuses of market volatility and coin performance in 365 days without even doing there own research, what about some years back?

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus, you would be obviously filthy rich.

I hope that this open the eyes of most newbie's the potential of Bitcoin, if you are already in the Bitcoin market just be happy because this market have a lot more to offer,

The most simple but effective way I use to navigate my way in the market is the DCA method I use, accormulate as much Bitcoin as possible because the bull run will definitely change the history of your finances if you position your self right and wait patiently for the bull run to come .

Topic: Bitcoin can change lives - page 10. (Read 1137 times)