Topic: Bitcoin can change lives - page 6. (Read 1137 times)

I found out about bitcoin about a year ago and I am happy about it, To change our life we need to take risk which can change our life if we failed to win.

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 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.

Many people did not trust Bitcoin back then. Because nobody knows what it is and how it works. Only tech geek people adopted Bitcoin back then. I didn't even know that Bitcoin existed in 2012 or 2013. Even if I knew that, I am not sure If I would trust Bitcoin back then. There is no 2nd Bitcoin that can give you confidence like Bitcoin.


Haha, Yes. Seriously, and this is why he is hunting bounty and trying to make money out of it.

but still does not open the eyes of many as they keep looking for the lowest price opportunity to buy and ending? being passed the opportunity .

Imagine from 20 cents now more than 27k ?

if we are even bought 10 bitcoin back then for 2 dollars , imagine we are 6 digits richer today.

seriously ? how much you bought and how much have you sold? are you even true to this story?

This particular effect of Bitcoin changing lives of people was really experience in the early start up when Bitcoin price was very low and those people who were opportune to actually buy then were the lucky ones because the price hike experience during that period was a massive one that actually change and touched the lives of many people and it also led to many people trooping to the full acceptance of Bitcoin. But for those people that are always sacred of holding or frightened by the dip are not really good investor because investment shouldn't be tempered with always because you can lose your coins with constant selling.

No doubt Bitcoin has changed the  lives of people especially the lives of those who had foresight, who saw the potentiality of the coin when it was worthless or had little value and they bought and held until their priced possession. Those bag is worth quite a fortune today. But the truth is, it's just a very handful of persons that would still hold their bag till today because most persons would never had thought the price to get to $27k. For some for us who are late to the party, we can actually buy and hope that the price appreciates and surpasses the ATH in the next bull for us to make some profit.

Bitcoin has significantly impacted many people's lives, particularly in the financial sector. Many people have gotten something from it, but it has also had a negative impact on social interactions and the economy in war-torn nations. Without a proper cash flow, the economy will suffer. However, with Bitcoin, things can be made easier for those nations that have already adopted it. For those nations that still view Bitcoin as illegal, however, it will still be difficult to use Bitcoin in such settings. since their currency will be troubled you can rely on your currency without fear. and with your Bitcoin if you travel anywhere you can convert the value to the currency of your destination.

The benefits of Bitcoin have a lot of advantages but even at that it has its own risk involved, and why a lot of people enjoy Bitcoin decentralization and that is what is hitching the government, am sure a lot of people know the usefulness of bitcoin just that they can not avoid it. the price is not encouraging but those that know its value will take advantage and buy and keep its time. but even with its benefit not everyone will go into bitcoin.



He never claimed that bitcoin will put an end to war, only that some people will benefit from it if it occurs. He did this because a country at war will likely experience economic difficulties, which will affect the value of money and how those who own it will benefit from it. On top of that, gold can be lost during a war, and because people value things differently, some people may prefer bitcoin to gold. As I said, no matter what you say about bitcoin, everyone will still support it. and I don't think I will rush to sell during the war because of its val

Yes, in fact, those who came to this platform in 2017 earned a good amount of money from this platform.  Then the crypto market collapsed again in 2020-21.  But in the following year, Bitcoin came back in a very strong way, reaching the all-time high price of Bitcoin.  No one imagined that the price of Bitcoin could rise so much.  But now again the bad times of Bitcoin are going.  Hopefully it will be back on the market soon.  And it will bring something new in 2024.  We still live by faith.

Bitcoin can definitely change one's life, if he holds Bitcoin for a long time. There are many people who invest in Bitcoin to make their living change, but when the Bitcoin market dips a bit, they immediately get volatile and sell. To be a good investor, one must not be afraid if the Bitcoin market drops a bit. I have previously heard of many people who have changed their lives by investing in Bitcoin. To invest you need to invest in certain time, when the bull market starts some people invest in Bitcoin and can't earn much profit. Bitcoin should be invested before the bull run begins. If you invest in Bitcoin and hold it for a long period of at least 3-4 years, you can expect a lot of profit.

This type of comparisons make little sense because how many people would be willing to risk thousands of dollars for a digital currency that no one knows about? Very, very few, and they must be people already kind of rich that can afford to eventually lose that money. Nowadays is easy to say that 13 years ago bitcoin was super cheap, but how many people knew about bitcoin back then? Again, very, very few. And let's not forget the most important thing: bitcoin can STILL change lives. Of course not like 13 years ago.

The comparison is quite logical but difficult to realize. When you could buy 5,000 Bitcoins for only $1000 in 2010, of course you could never afford to hold Bitcoin until now. Market volatility that continues to occur at any time always becomes an obstacle due to the fear of losing, "what if the price continues to fall and uses up the entire value of my investment?" maybe that is what keeps crossing your mind to immediately release the Bitcoin you have at that time. Laszlo Hanyecz would never have paid 10,000 Bitcoins for two Pizzas if he had known Bitcoin would be this popular.

Now that everyone involved in Bitcoin really understands the true nature of Bitcoin. Even though it is only trading at a fairly high price compared to the price in 2010, they have learned a lot from the history that has been recorded in Bitcoin's journey. Investment success is based on courage and being able to be patient even though the investment value is under pressure, increasing understanding of Bitcoin will lead you to success.

Although Bitcoin has a big potential of increasing its price yet, investors must keep in mind this potential isn't the same it had in 2010. You can still make a very decent profit by investing in Bitcoin, but don't expect it to reach 100,000$, 500,000$ and 1,000,000$ in the blink of an eye. As Bitcoin gets more expensive, its growing potential decreases proportionally. The opportunity early investor had was unique for them on that moment of Bitcoin history and it won't repeat itself anymore on the same magnitude. Still, Bitcoin is the best investment available at the currently moment we are living if we weight its pros and cons against pros and cons of another popular investments.

Bitcoin has been changing lives. It has changed the lives of many, i.e., those who invested in it or those who were busy gathering it when it was worth little to nothing and have held it patiently till recent years when the price is already worth a fortune.
 
But right now, trying to use this strategy to convince people to get involved in bitcoin is a miss in my country. If you give someone who is short-tempered and patient with you such advice, you might end up being arrested by that same person if he doesn't eventually see that change in time to come as you have predicted.
 
It's always advisable for you to always tell people that bitcoin might give them profit if they invest and hold it for a long time, but telling them it will change their life if they put in a certain amount and get a certain amount in an exact period of time will make bitcoin appear as a Ponzi scheme in the eyes of those you are introducing it to. I really see this as a poor approach.
 

Not only do they believe in it, but they also need to learn how to invest and trade properly in crypto or bitcoin.
Many of them complain about the many losses in crypto or other coins but the negative impact on Bitcoin, even though Bitcoin is a digital currency that is just like any other, can provide profits and losses depending on how they use it.

Many have experienced many losses due to crypto or bitcoin because they do not know what the risks and advantages are and they just enter without equipping themselves without any knowledge, just enter and guess.

Many also get a lot of benefits and can even have everything they want with Bitcoin or crypto because they can use Bitcoin well and know how to make money from Bitcoin or crypto.

Still, all of it are just speculation, the market just depends on supply and demand on the market so there is no basis for the market price, the buyers and sellers are just the one that is going to sell the price if they are willing the let go of there Bitcoin or able to hold into it, It wasn't really something like gold that is tangible so we cant really hold into something that is why even though we see this kind of things seeing Bitcoin from .2$ up to today 27k$ it is still a very risky investment that we are not sure if it is still going to exist after a few years. I mean its volatile market could easily drop it if something happened.

Its a great investment but make sure to always invest at a calculated risk, Dollar Cost average is a good start for most investors since they are investing only a small percentage of there salary or income, with that they are only investing money they can afford to loss, if they lose their money they can easily recover from it since it is just a small percentage of there money. And overtime that small amount is going to be big plus it helps you hold until the bullrun since you are still accumulating Bitcoin.

Actually it does if you make a good execution of your investment or trades but again not as always an instant, many people want to make an investment with crypto because they know the chance of getting easy money just hit a good coin most likely the shitcoins but they don't know there's a lot of things need to consider before making an investment with tokens. Will now depends how you make an investment with bitcoin can be use with trading, services etc. Not all people have a good story with bitcoin few of them curse it due to have a mistake with their decisions.

I agree, even though Bitcoin can change lives, it is all up to people how they want Bitcoin to change their lives.  Bitcoin can give a life-changing profit and also gives life-changing losses.  We all know that in the market, for someone to gain profit, someone has to lose it unless there is a new fund inflow in the market.  That is how the market balance works.


I also know several people whose lives changed for the better when they got involved in Bitcoin and at the same time people who lost money in the Bitcoin market because of having weak hands. Bitcoin indeed is a great tool for financial gain if only a person believes in it.

Bitcoin can help change people's lives, either for good or bad, depending on what the person wants. But not everyone wants to change their life because of bitcoin. But there are a few who want to try to turn it into a way to change their lives by reaching their desired dreams.

Bitcoin can be an instrument for us in the future if we believe it can give us a good profit or savings. And many believe in this matter, rich or poor; it becomes beneficial to those who believe and can also give hope to other people. Because if we are just researchers, there are many people whose lives have really been changed because of Bitcoin, and until now it has been helping them, and I am one of them.

Bitcoin can not change anyone's life. It is the person himself who can make the right decision. We have a desire for wealth and we will all work to get it. Still very few people become wealthy due to a lack of financial knowledge. We work for money and we think money is our wealth. This mindset motivates us to save our money in the bank when our money keeps losing its value due to inflation. The bitcoin gives us a solution to fight inflation by investing our money in it.