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Topic: Bitcoin can change lives - page 5. (Read 1085 times)

full member
Activity: 742
Merit: 157
October 15, 2023, 07:50:27 AM
Those who know about the history of Bitcoin and review that history will definitely find a good future in Bitcoin. There are some people who make mistakes but learn from the mistakes later become successful after a while. People who didn't hold Bitcoin after learning about it in 2010 made a mistake. But at that time people did not know much about Bitcoin but now everyone has a positive idea about Bitcoin. I think only those who will pass this time with neglect are the only unfortunate ones. Those who are collecting bitcoins at this stage by learning from their mistakes are sure to be on the path to success in bitcoin. DCA system also provides an opportunity for those who want to collect bitcoins and financial income is not enough. Even a low earner can achieve success in Bitcoin after a long time.
hero member
Activity: 2478
Merit: 644
Eloncoin.org - Mars, here we come!
October 15, 2023, 07:28:35 AM
Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.

In my opinion if you have job then you can easily manage your investment but if you don't have job then first you will find it hard to collect money for buying bitcoin and if you Put money into bitcoin then you will be unable to manage your expenses as a result of which you will think about selling of bitcoin no matter how less bitcoin is. I suggest that you should also start some business with such profit of bitcoin because if once market become down you will have another opportunity of earning too so you will easily manage everything properly. Use your Bitcoin's profit in another earning business because depending on one source cannot maximize your profit much more as that of double profit from different sources.
sr. member
Activity: 336
Merit: 292
October 15, 2023, 03:22:33 AM
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 .

Looking at the history of a crypto currency also makes it easier to predict future pumps and dumps. I think there will be very few people who bought Bitcoin at $0.20 in 2010 and still have it, because the price of Bitcoin has touched 67 thousand dollars. This is because it is our nature that we often sell our coins whenever we get a good profit. That's why if you look at history since $0.20, you'll see a lot of pumps where people have sold their Bitcoin at a good profit. Buying Bitcoin at $0.20 was within the reach of every person, but not every person can buy Bitcoin at the current price, yet investing in Bitcoin as much as possible can give us great profits in the future.

As much as Bitcoin may have given its investors in the last 10 years, Bitcoin may not return to its investors in the next 10 years, because even if the price of Bitcoin exceeds 1 million in the next 10 years, it cannot compete with past profits. However, the potential of Bitcoin cannot be denied as many people have changed their lives by investing in Bitcoin and they have received great returns thanks to Bitcoin. If one has good capital, one can buy a large number of Bitcoin even at the current price which can surely give a great profit in the coming bull run.
sr. member
Activity: 1036
Merit: 258
Need a Helping hand? https://tinyurl.com/2p94uabm
October 15, 2023, 03:10:29 AM
The many people life was improved by the bitcoin trading,because the price of the bitcoin had attained the all time high many times.Before the target price of the bitcoin was around 10k dollars,then the same target was moved to the 30k dollars.But the people who brought by keeping the 10k,30k target had got the double the profit when the price of bitcoin had reached the value of 68k dollars.So the bitcoin will over come their own price with the certain period of time.It was expected the price of the bitcoin cross the 68k dollars in the next halves.
The price of bitcoin will continue to rise and financial institutions are turning to bitcoin as an asset. Bitcoin users feel that bitcoin is taking the place of gold as an asset bitcoin price may rise further this year bitcoin's value reached an all time high. And even though it has decreased a bit it is constantly increasing people are now more inclined towards cryptocurrency there is a possibility of more growth only if you keep your target and move forward you will get more profit.
sr. member
Activity: 1148
Merit: 432
October 15, 2023, 02:59:43 AM
If the timing is right, we can take huge profits from the significant Bitcoin movements that have occurred in the last few years.
So far, there are a lot of people whose lives have changed for the better because of Bitcoin, just imagine the people who keep Bitcoin for a long period of time and the increase in Bitcoin is so high that the profits they get are quite big and can change their lives, in fact I am one of them among them.

And if this can continue, with all the potential that exists it is possible that we can again take big profits when Bitcoin prices soar high in the future (and I am very sure that will happen)
Bitcoin can change our life depend on timing when investing right or not, if wrong time when investing in bitcoin we can't earn profit due many investor loss their investment during investment when bitcoin price above $60k. No doubt with bitcoin have change thousand people life but don't forget with how many people loss their investment values after investing in bitcoin but get wrong timing. I agree with your opinion about right timing investing in bitcoin can change our life but have other possibilities with wrong timing can make our life broken with bitcoin investment values getting drop. All possibilities with bitcoin can change our life or not depend on right investment time, keep give right mindset when investing in bitcoin can't guarantee change our life but depend on smart when investing time.
So that's why knowledge is needed before making an investment, because it is impossible for us to just enter into an investment without proper knowledge, we will definitely experience losses.
Bitcoin's movement is so fast that it allows anything to happen, and Bitcoin can change someone's life in two ways, for better or worse.
The right time to enter so that we can get profits comes from the knowledge we have, not because of luck, so the point is that being able to enter at the right time is because of the investment knowledge that we have mastered.
full member
Activity: 1050
Merit: 140
October 15, 2023, 02:09:24 AM
Bitcoin changes people's financial status if he invests in Bitcoin his life improves financially.
That depends. A lot of people get into the market and start making investments without trying to first learn everything they need to know which makes then incur losses and then they start blaming Bitcoin for it. People are not utilizing bitcoin and its potential until they study bitcoin. This is why everyone should take time analyze and understand about bitcoin.

But Bitcoin cannot change our lives. If we don't choose Bitcoin as our means of getting rich then it will not be good for us. Then you rush to invest bitcoins and you may face losses.
You shouldn't choose Bitcoin as a means of getting rich, that's a wrong concept about Bitcoin because it can provide you with profits but might not make you rich.

So we should not think of getting rich overnight by investing in bitcoins but we should go ahead with time by investing in bitcoins. Then we can achieve success through Bitcoin.
That's right, most people get into the market with the mindset that they can get rich quickly through cryptocurrency investments but that isn't how it works, one needs to take it slow, one step at a time, and shouldn't just think of gaining a lot of wealth in a very short period of time.
sr. member
Activity: 588
Merit: 422
October 15, 2023, 01:54:53 AM
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?

That's the issue with some of these records, well I won't really blame the records but those who rely on event that took place in the past. To me is best to use what the market is actually giving us other than keeping that hope on what happened from years back.
Is not bad to keep records and follow how it all went down but it might change the following year.
Some people will tell you they don't need to make  research as long as they have their past records and they have been using it for year and it has been coming through for them. That's another mentality that shouldn't be applied in the crypto business.

Quote
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.

To me the prices doesn't matter at all, the price might be lesser as of 2010 but it doesn't matter if you're rich or not and I believe that if you put your mind to it, like you really want to Bitcoin, you can get it. But thinking about how huge the price is, it will discourage you big time.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 14, 2023, 11:41:57 PM
Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.
So far it is not accepted in my country so I can't apply Bitcoin in my business but the amount I get from trading on Bitcoin is enough to support my family along with my studies. If I had not used or known about Bitcoin I would have lived in poverty and had no means to support myself and my family. So Bitcoin has acted as an important influencer as life changing.

If you have the trading ability and investment knowledge, you can also do the same with other assets like gold or stocks, not just bitcoin.

But I'm quite skeptical when someone says they don't have a job and rely solely on investing and trading bitcoin to support their family. You could be the first and maybe the only one to do it. I'm also quite successful with my bitcoin investments, but I still have an outside business to support my family. Bitcoin is very volatile and unpredictable, I don't think it's that easy to make money from it, I really haven't seen anyone who can survive without a job and only depend on investing and trading bitcoin.
Unquestionably, investing and trading in anything (be it stocks, gold, or bitcoin) requires a keen skill set and thorough understanding. But let us to think about it for a moment. Even while it would seem impossible to live entirely off of trading bitcoin, an interesting number of people do just that. Keep in mind that there are many different types of investments. Yes, the price of bitcoin fluctuates, but isnt that a trading opportunity? Dont traders frequently profit from price fluctuations?

Reading your sceptic viewpoint on relying only on Bitcoin investments and trading for a living is extremely intriguing. In fact, having numerous sources of income is wise and frequently advised by financial gurus. This includes your own outside business. Volatility is a risk and an opportunity, and its important to balance them both in order to make sustainable investments.




I'm not saying we can't make profits with bitcoin trading.

Yes, bitcoin volatility is an opportunity for us to make profits, but have you seen who can predict the market accurately and consistently make daily profits from trading to feed their families? I know that our world is colorful and anything can happen, but I have my doubts because I have never seen anyone who can support their family with just the income from daily bitcoin trading. Have you seen anyone with that ability? Even those who claim to be experts.
legendary
Activity: 2072
Merit: 1023
★Bitvest.io★ Play Plinko or Invest!
October 14, 2023, 10:31:45 AM
The many people life was improved by the bitcoin trading,because the price of the bitcoin had attained the all time high many times.Before the target price of the bitcoin was around 10k dollars,then the same target was moved to the 30k dollars.But the people who brought by keeping the 10k,30k target had got the double the profit when the price of bitcoin had reached the value of 68k dollars.So the bitcoin will over come their own price with the certain period of time.It was expected the price of the bitcoin cross the 68k dollars in the next halves.

But there are also many people who lose big when investing in bitcoin, not everyone who invests in bitcoin will change their life in a positive way. So whether Bitcoin can change our lives or not will depend on how we approach and use it, not entirely on bitcoin. If we have knowledge, experience and patience, investing in bitcoin will definitely help us change our lives for the better. But if we invest hastily and speculate without knowledge, our lives will also change but will become worse.
Investing is risky, it is no different from a double-edged sword, and whether it is beneficial or harmful is up to us to decide.
member
Activity: 307
Merit: 42
October 14, 2023, 10:06:07 AM
Of course bitcoin can change lives. But that too in 2 ways

1. You can become incredibly rich. If you hold bitcoin very hard (about 10 years, until bitcoin becomes impossible to invest) then number 1 point is only for you.

2. You can invest here and lead life to destruction. Many people invest here with their life's money in Bitcoin for maximum profit or get rich quick. But due to wrong reasons bitcoin may go down again. Because of which he can lose all his money. And then he will be very disappointed in his real life.
member
Activity: 186
Merit: 10
I will write anything for you
October 14, 2023, 10:04:03 AM
#99
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 am a beginner, I bought bitcoin at $50k, until now I haven't cut loss, I hope the bitcoin price recovers quickly.
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
October 14, 2023, 10:01:30 AM
#98
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.
Investments in bitcoin will indeed grow, but not 5000 times. The time when investing bitcoin small sums made people rich will never return or be repeated. The increase in profitability, if you observe the graph of changes in the price of a bitcoin over a decade and a half, has been declining. Bitcoin can't increase in price indefinitely and undoubtedly, at one point, a plateau will come when the price fluctuates in a certain corridor, therefore, waiting for $135,000,000 is really bullshit.

OP’s statements are more like “pink dreams” and a naive expectation that all financial problems can be solved by “investing a couple of bucks in btc”. It doesn't happen that way. @Solosanz is right that life can't be changed by such “easy” actions. Serious changes will begin only after overcoming “difficulties” in the form of mastering new professions and specialties.
hero member
Activity: 1260
Merit: 557
Leading Crypto Sports Betting & Casino Platform
October 14, 2023, 09:37:04 AM
#97
Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.
So far it is not accepted in my country so I can't apply Bitcoin in my business but the amount I get from trading on Bitcoin is enough to support my family along with my studies. If I had not used or known about Bitcoin I would have lived in poverty and had no means to support myself and my family. So Bitcoin has acted as an important influencer as life changing.

If you have the trading ability and investment knowledge, you can also do the same with other assets like gold or stocks, not just bitcoin.

But I'm quite skeptical when someone says they don't have a job and rely solely on investing and trading bitcoin to support their family. You could be the first and maybe the only one to do it. I'm also quite successful with my bitcoin investments, but I still have an outside business to support my family. Bitcoin is very volatile and unpredictable, I don't think it's that easy to make money from it, I really haven't seen anyone who can survive without a job and only depend on investing and trading bitcoin.
[/quote
]Unquestionably, investing and trading in anything (be it stocks, gold, or bitcoin) requires a keen skill set and thorough understanding. But let us to think about it for a moment. Even while it would seem impossible to live entirely off of trading bitcoin, an interesting number of people do just that. Keep in mind that there are many different types of investments. Yes, the price of bitcoin fluctuates, but isnt that a trading opportunity? Dont traders frequently profit from price fluctuations?

Reading your sceptic viewpoint on relying only on Bitcoin investments and trading for a living is extremely intriguing. In fact, having numerous sources of income is wise and frequently advised by financial gurus. This includes your own outside business. Volatility is a risk and an opportunity, and its important to balance them both in order to make sustainable investments.


hero member
Activity: 2170
Merit: 553
Vave.com - Crypto Casino
October 14, 2023, 08:49:41 AM
#96
The many people life was improved by the bitcoin trading,because the price of the bitcoin had attained the all time high many times.Before the target price of the bitcoin was around 10k dollars,then the same target was moved to the 30k dollars.But the people who brought by keeping the 10k,30k target had got the double the profit when the price of bitcoin had reached the value of 68k dollars.So the bitcoin will over come their own price with the certain period of time.It was expected the price of the bitcoin cross the 68k dollars in the next halves.
hero member
Activity: 1330
Merit: 687
Arts & Crypto
October 14, 2023, 08:29:35 AM
#95
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 .

Yes, bitcoin can definitely change not only a few human lives due to its value, which it has gained over the past decades, and I'm talking about blockchain. BTC is able to change the economic situation as a whole, it can change distribution of values when, for example, 97% of the resources of 3% of the people on earth belong.
This is the meaning of bitcoin, and not that it costs a lot and people spend his dollar eqivalent to bring some benefits.
Of course, it's hard to deny that everyone wants money and we live for the sake of eating and dressing, but bitcoin and blockchain are nothing more than just a way to make money on the Internet.
sr. member
Activity: 2338
Merit: 338
October 14, 2023, 07:55:57 AM
#94
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.

Not all the poor tho, since privilege is what we're talking here. No matter how much they wanted to invest, if they don't have the capability of buying because of their salary and responsibilities in their lives, or if they can't make a loan because of their financial status, then there's nothing they can do to change their lives unless someone would help them to arrange things for them to make their lives a little bit more easier.
It can change life if we invest in the right way. But talking about poor people seems to be a challenge for them in terms of capital. They are really unfortunate and has little chance to make their life better with Bitcoin but those in the middle class and rich people will get their way to improve more.

I don't encourage someone to take a loan for this investment or even sell their valuable asset for this. In fact, many people got this idea but sadly, they'll turn to nothing and empty because they fail. The consequences are harsh which is why we have to be careful as this will not just make our life better but also can ruin our finances as well.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 14, 2023, 07:49:07 AM
#93
Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.
So far it is not accepted in my country so I can't apply Bitcoin in my business but the amount I get from trading on Bitcoin is enough to support my family along with my studies. If I had not used or known about Bitcoin I would have lived in poverty and had no means to support myself and my family. So Bitcoin has acted as an important influencer as life changing.

If you have the trading ability and investment knowledge, you can also do the same with other assets like gold or stocks, not just bitcoin.

But I'm quite skeptical when someone says they don't have a job and rely solely on investing and trading bitcoin to support their family. You could be the first and maybe the only one to do it. I'm also quite successful with my bitcoin investments, but I still have an outside business to support my family. Bitcoin is very volatile and unpredictable, I don't think it's that easy to make money from it, I really haven't seen anyone who can survive without a job and only depend on investing and trading bitcoin.
sr. member
Activity: 2324
Merit: 454
October 14, 2023, 07:25:01 AM
#92
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.

Not all the poor tho, since privilege is what we're talking here. No matter how much they wanted to invest, if they don't have the capability of buying because of their salary and responsibilities in their lives, or if they can't make a loan because of their financial status, then there's nothing they can do to change their lives unless someone would help them to arrange things for them to make their lives a little bit more easier.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 14, 2023, 07:24:27 AM
#91
Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.
So far it is not accepted in my country so I can't apply Bitcoin in my business but the amount I get from trading on Bitcoin is enough to support my family along with my studies. If I had not used or known about Bitcoin I would have lived in poverty and had no means to support myself and my family. So Bitcoin has acted as an important influencer as life changing.

great to hear a very good testament of how this market is helping in some way to alleviate some of the crypto users financial situation. we really can't discard the fact that a lot has been touched by this market, helping them in one way or another. some may have had bad experience but they need to see the mistakes that they have done why such losses.
and it is good to know that the government is really not dictating how a user is using this market. as you said, your country doesn't accept btc, though we don't know to what extent, if it is illegal or totally banned. because you can still trade maybe from outside trading platforms.
hero member
Activity: 994
Merit: 552
October 14, 2023, 07:06:41 AM
#90
If the timing is right, we can take huge profits from the significant Bitcoin movements that have occurred in the last few years.
So far, there are a lot of people whose lives have changed for the better because of Bitcoin, just imagine the people who keep Bitcoin for a long period of time and the increase in Bitcoin is so high that the profits they get are quite big and can change their lives, in fact I am one of them among them.

And if this can continue, with all the potential that exists it is possible that we can again take big profits when Bitcoin prices soar high in the future (and I am very sure that will happen)
Bitcoin can change our life depend on timing when investing right or not, if wrong time when investing in bitcoin we can't earn profit due many investor loss their investment during investment when bitcoin price above $60k. No doubt with bitcoin have change thousand people life but don't forget with how many people loss their investment values after investing in bitcoin but get wrong timing. I agree with your opinion about right timing investing in bitcoin can change our life but have other possibilities with wrong timing can make our life broken with bitcoin investment values getting drop. All possibilities with bitcoin can change our life or not depend on right investment time, keep give right mindset when investing in bitcoin can't guarantee change our life but depend on smart when investing time.
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