Topic: Bitcoin can change lives - page 4. (Read 1087 times)

Risk-taking drives advancement, especially in innovative, uncertain industries. With something as transformative as Bitcoin, lost chances are easy to regret. Bitcoin was obscure in 2010. Most were blissfully unaware of its potential. If you had today's knowledge, you would have jumped in. The paradox of innovation is that early adopters get the most benefits before most realise its genuine value.

People who've followed Bitcoin since its inception share your sentiment. Knowing its history is key to understanding its potential. The crypto-skeptics? Perhaps a full retrospective will change their mind. Bitcoin's ATH is hotly rumoured. Indeed, a long-term, measured approach like the DCA strategy is not just recommended but almost required for serious investors in this field.

Yes I think Bitcoin can change lives.  I don't think , Bitcoin can change lives it's true that those who invested at the right time have moved their lives to a different place today.  This is the reality, Bitcoin is a currency that Satsho Nakamat created to change the lives of holders like me.  Because we are all associated with bitcoin now, there are very few people among us who do not know the price history of bitcoin from 2009 to 2023.  There is no mention of it above this history.  We've all seen how high Bitcoin has come from.  This should not be tolerated by anyone.  People who have invested in the right practice at the right time can understand where Bitcoin can take a person's life.  According to me, there is nothing here. You will see the history of the prize itself. This history will tell you how much Bitcoin can change life.

Yes it's true, sometimes if someone wants to experience change or improvement in their life then they have to take a fairly or very risky path in any field, some succeed and some fail and I think it depends on each individual also on how they do it. Yes, if it's a matter of regret, to be honest, I also always remember 2010 where the price of bitcoin at that time was still very cheap and maybe my pocket money was bigger than one bitcoin, but well the problem is that in that era not many people knew about what bitcoin was including myself along with all its potential because at that time the world of investment was still not as well known as it is now.

Right and also on the other hand I can't imagine if at that time I had known bitcoin also with a little potential then maybe now I have at least at least 10 bitcoins and I will be one of the millionaires. Right, I agree with you, I also think like that, for those who now still don't believe in bitcoin I think they should know the journey and development of bitcoin in the last 10 years since 2010, and I think if only they see it then I'm sure most will believe in how the potential of bitcoin, it's hard to find a reason that bitcoin doesn't have any chance, and maybe only people who don't know will say that. Honestly for how high bitcoin will rise in the next ATH I don't know but certainly there is a guarantee that I think is quite convincing when you choose to start with long-term planning, you can start with a budget that does not interfere with your basic needs and certainly with money that you can be responsible for, then you can start allocating it using the DCA strategy once a week or maybe once a month, that's good especially for beginners.

oh YEAH BTC can change lives

Are you sure diamond hands with holding Bitcoin more than ten years with first time investing bitcoin price around $0.2 and earned 5K bitcoin with cost only $1000. I can't imagine with some one have super extra ordinary diamond hand hold their bitcoin with most cheapest purchasing for holding until raise $27K. Normally big investor or not, when raising profitable above x10 they will sell all investment assets and I don't think how loyal some trader when seeing an opportunity with x10 profitable keep holding their investment.

First time bitcoin launch, no anybody can't predictable with bitcoin will raise higher price and many of them just make fun by converting their bitcoin with Pizza.

Of course, with the help of bitcoin, many aspects of our lives have changed, and I am sure this will continue to do so. Moreover, now the world has begun to understand all the potential that blockchain has, indeed until now many countries have not provided services or implemented bitcoin technology.

But I believe that all bitcoin developments cannot be avoided, because the benefits of technology are now so real in our lives. One country that utilizes this technology is El Salvador, they are the first country to adopt Bitcoin. And of course more countries and societies will change in a positive direction because of Bitcoin.

Invest properly, DCA, buying when the market drops...To do all this, you need knowledge about bitcoin and the market, right? And like I said, it all depends on you, bitcoin won't help you if you don't have the knowledge or skills when you invest in it. It is just a tool and whether you can take advantage of it or not is up to you, you are the one who decides your success or failure, bitcoin does not decide for you.


Bitcoin is a financial market, and finance is a battlefield where there will be winners and losers, money from losers to winners. I have never seen any market where everyone wins, and bitcoin is no exception.

Bitcoin will certainly change someone's life, but whether those changes are positive or negative will largely depend on us, bitcoin has no power to decide that. After all, bitcoin is like any other investment, it can bring us wealth or it can make us lose everything, and it all depends on us. Many people have become rich by investing in gold, real estate and stocks, not just bitcoin. Don't forget today's top billionaires don't invest in bitcoin, it's all their talent, not gold or real estate that makes them rich.

It's all about the risk one should take to change his/her life. Let's talk about the price of bitcoin in 2010, it was the earlier age of bitcoin, and no one trusted bitcoin easily because they didn't believe the prediction of Satoshi would be true one day and were not aware of the potential of bitcoin. Those who believed in Bitcoin at that time are now millioneries and we all know that history repeats itself. Today people again don't believe but a small one thinks that Bitcoin is a scam but they didn't take lessons from the past. After the coming halving price of bitcoin will be more than the last ATH and some experts predict that bitcoin this tīme will cross $100,000. So start the DCA strategy and buy a small portion of Bitcoin at every dump and hold it for the coming bull run.

bitcoin has the ability to turn people from rags to riches and riches to rags if they are not good at managing their investments. there are many cases where people experience losses when they invest in bitcoin because they tend to be impatient and seem to use bitcoin as a shortcut to getting rich. and therefore learning from their experience a person can change their life by investing in bitcoin only if they are patient and keep holding on to the assets they have, because those who keep holding will win in the end.

📈 The History of Bitcoin Bull Runs 🧵

Bitcoin, the pioneer of cryptocurrencies, has seen several remarkable bull runs throughout its history. Let's explore some of the most iconic moments in Bitcoin's journey.

1/ The Genesis Bull Run (2011): In the early days, Bitcoin's price soared from less than a cent to over $30. This was the first glimpse of Bitcoin's incredible potential.

2/ The 2013 Surge: After the Mt. Gox exchange crisis, Bitcoin roared back to life, reaching $266. This rally caught the world's attention and laid the groundwork for Bitcoin's future growth.

3/ The 2017 Hype Cycle: Bitcoin climbed to nearly $20,000, making headlines worldwide. #Altcoins also experienced tremendous growth, and Initial Coin Offerings (ICO) were all the rage.

4/ The 2020 Halving Rally: Bitcoin's price started gaining momentum after the third halving event, surpassing $60,000 in 2021. Institutional interest grew significantly during this period.

5/ The Ongoing Bull Run: As of now, we're witnessing another remarkable bull run, with #Bitcoin regularly achieving new all-time highs. Institutional adoption, growing use cases, and global recognition continue to drive the price higher.

6/ Closing Thoughts: Bitcoin's history is marked by periods of rapid price appreciation. While these bullruns are exciting, they come with increased volatility. As always, make informed decisions when #investing in Bitcoin.

Many believe in Bitcoin and other cryptocurrencies' exponential gains and wealth transformation. The cold truth? Few realize their dreams. Even for those that do, its a long, unpredictable, and frustrating path. Crypto investing is complicated and requires patience, understanding, and resilience.

Remeber the elephant in the room. Investing without financial stability is risky. Imagine walking on a slender rope over an uncertain hole. In dire conditions, people sell at a loss since they don't plan for crises. Such behavior is financially and emotionally damaging. In risky industries like crypto, financial prudence and emergency preparation are essential.

No, I would probably not be going to think it to be worth it. What happened to Bitcoin is unpredictable. No one expected it to be this valuable. $20 back then was high enough to make a lot of people sell their holdings. There are also some people who curse Bitcoin and call it a scam investment. I mean, even I would probably do the same and will forget about it. Its value before compared to now is really unexpected.

It is about our decision-making. If we become agitated, especially in Bitcoin it won't change our lives but will make it hard by losing our investment. It's also about the choice of whether we will keep on investing and do DCA or let the chance to change our lives slip by.

No one knew that Bitcoin price would go up to it's current ATH back then, if you also knew about Bitcoin in 2010 would you think that it would be worth it? or at least guess that it would be around thousand dollars in the future when it is just cents at that time?
The price or market is surely volatile and not everyone could ride those waves that is why some traders lose and only few wins on it.
Crypto could change lives but it is also up to us on how it would change our lives, it could be for better or for worse.
Investing in crypto doesn't guarantee that our lives would be better.

It's a great thing if a person can actually start a business or do something that can earn them more profits just from the profits they've got from their Bitcoin or cryptocurrency investments but that barely happens and even if it does, it takes a significant amount of time for someone to accumulate enough money through trading or investments that they can use to start a business or invest only the profits in another investment market or maybe in another cryptocurrency.

You are right, if someone isn't financially stable and invests whatever money they manage to get into Bitcoin or cryptocurrencies, they will probably be compelled to sell their assets when they get in trouble and require some funds in an emergency and that time, they won't be able to see if they are getting profit or loss.

There is no way anyone can lose by investing in bitcoins. Yes there are people who were here for the short term profits or there other people who confused between investing and trading and they say that Bitcoin investment is not profitable but as an whole if you know how to properly invest in Bitcoin,you can never be in a loss.

There are certain things, certain techniques which may help you for profitable investment like dollar cost averaging or investing in the bear market when everyone is selling. Making the right Bitcoin investment decision at the right time is a key to be the most profitable investor.

Volatile crypto is a huge opportunity to change lives. But giving predictions always increases, maybe parabolic history of that happening and there is great hope that archetype will continue to occur. But when it comes to crypto, it's hard to say he'll be around forever. He could just stay on and fly high or he would disappear losing the trust of the users. So actually we just need to always be vigilant by doing risk management. Hopefully the macroeconomic crisis will not have a major impact on crypto, the interest market of the FED also has a major influence on the value of crypto. So you still have to be on track to prepare for profit or loss by doing risk management.

you don't need to be Geek or Tech person to learn how to invest specially in cryptocurrency that we knew have value and can be use as payment option or can be traded back to Fiat.
meaning all we need to understand  and learn is the nature and the background that is available in Internet.
a simple google search will lead you to how much it started and how long this happened
and also the  graph of bitcoin is there to understand its potential that had been proven over the years for decades now. because he never mentioned being a hunter instead a Bitcoin investors is what he claimed?

Any effective investing strategy relies on knowledge, especially with something as volatile as Bitcoin. Similar to a swift torrent, the market can sweep you away without the necessary skills and tools (knowledge). It takes more than jumping on the bandwagon and expecting fun. However, understanding the intricacies, technologies, and market attitudes is key. Indeed, deep-rooted knowledge can make or break a masterstroke investment, as you noted!

Bitcoin is an intelligent choice, not a gamble, despite its incredible speed. Preparation, perseverance, and patience frequently provide "luck" in this domain. The saying goes, "Fortune favours the prepared." But in this unstable crypto environment, "Bitcoin rewards the knowledgeable!"

Making quite regular earnings by trading doesn't necessarily require accurate market predictions. I shared my daily trading strategy in another topic, you can check to out and write your comments. The profit I make I use to feed myself and my infant. This is not the only income I have, however, this is the main one.