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Topic: Bitcoin can change lives - page 8. (Read 1151 times)

hero member
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October 09, 2023, 12:43:40 AM
#49
Sometimes when I see numerous questions asked by people over bitcoin changing someone's life, and many people in forum will say yes that bitcoin changes live, before bitcoin changes your life that means you have been investing in bitcoin for years and you have targeted when the price of depreciate and you utilise the opportunity, so therefore I believe that bitcoin can only change your status when your investment in bitcoin enters bullrun and not everyone alway been opportune to make profit with bitcoin, secondly many people who to forum think that a signature campaign is bitcoin investment, no" you are receiving payment with bitcoin doesn't mean bitcoin put smile in your face, invest in bitcoin and make profit it's when you will know that investing in bitcoin is difference from signature campaign payment.
full member
Activity: 336
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October 09, 2023, 12:15:27 AM
#48
It is true that Bitcoin can change lives. Bitcoin has also changed my life. Ever since I came to know that there is a digital currency called Bitcoin, I have been buying Bitcoins with some money from my earnings. A few months later, when the price of Bitcoin went up, I sold it. And I went from poor to very rich.

That's an interesting story. When did you start buying it and sold it? Don't you have plans to start buying again?
jr. member
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October 09, 2023, 12:12:07 AM
#47
It is true that Bitcoin can change lives. Bitcoin has also changed my life. Ever since I came to know that there is a digital currency called Bitcoin, I have been buying Bitcoins with some money from my earnings. A few months later, when the price of Bitcoin went up, I sold it. And I went from poor to very rich.
hero member
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October 08, 2023, 07:30:32 PM
#46
It is a proven fact that Bitcoin can change lives even without mentioning the price surge of its market.  Before Bitcoin was created, unbanked people has no means in participating in international trades, so they are missing out on many things that need bank to process.  With the creation of Bitcoin, this unbanked can now participate in global economy, thus they had given opportunity to do business world wide.  This alone can change lives of people that wanted to do international trades or businesses.


It is true that Bitcoin can change the life of someone who wants to learn about it and invest, but for those who don't want to know and learn about it, of course this is just normal for them. You are right with the presence of Bitcoin everyone has the opportunity to do business anywhere. If we have the desire to start then we need to study it well and understand all the risks that may occur in the investment we make. In collecting it, we have to use a strategy so that we can get a profit from what we have done.
Your desire to learn and invest in Bitcoin is admirable, and your strategy-oriented approach is excellent, yet the ever-elusive “right” plan sneaks into our debate. Doesnt it seem odd that these tactics are so diverse and fit no one?

Learning is essential; we know, preach, and live that. Many tactics that one swears by can be another's downfall. Strategy responds, frequently in a language that isnt universally understood or applicable. While we cheer every Bitcoin triumph and nod in approval at the dedication to learn and grow, lets think about how we might help people develop and adapt tactics to their specific financial landscapes and risk tolerances.
sr. member
Activity: 1680
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October 08, 2023, 06:42:42 PM
#45
I guess you do not understand that the days of such quick multiplication is over. That was the “early birds” time, and it’s common with any investment that investing early gives you a higher return chance. As time goes, Bitcoin’s growth will become slower and slower. It’ll definitely keep growing but will not be like back then when it was a whole lot cheaper.
sr. member
Activity: 812
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October 08, 2023, 05:34:20 PM
#44
It is a proven fact that Bitcoin can change lives even without mentioning the price surge of its market.  Before Bitcoin was created, unbanked people has no means in participating in international trades, so they are missing out on many things that need bank to process.  With the creation of Bitcoin, this unbanked can now participate in global economy, thus they had given opportunity to do business world wide.  This alone can change lives of people that wanted to do international trades or businesses.


It is true that Bitcoin can change the life of someone who wants to learn about it and invest, but for those who don't want to know and learn about it, of course this is just normal for them. You are right with the presence of Bitcoin everyone has the opportunity to do business anywhere. If we have the desire to start then we need to study it well and understand all the risks that may occur in the investment we make. In collecting it, we have to use a strategy so that we can get a profit from what we have done.
legendary
Activity: 1960
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October 08, 2023, 04:47:29 PM
#43
I think it is a "slogan"Topic: Re: Bitcoin can change lives that, far from attracting trust, distances it and it's funny to think, it was not used in the beginning and has been used years later when the reality of such an assertion depends on... so many factors that it is not only about having bitcoin or manage it with some trading strategy, bitcoin is today a technological tool for citizen empowerment, which can mean a very beneficial percentage profitability. (If the big income comes, that's fine)
hero member
Activity: 1918
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October 08, 2023, 04:33:50 PM
#42
It is a proven fact that Bitcoin can change lives even without mentioning the price surge of its market.  Before Bitcoin was created, unbanked people has no means in participating in international trades, so they are missing out on many things that need bank to process.  With the creation of Bitcoin, this unbanked can now participate in global economy, thus they had given opportunity to do business world wide.  This alone can change lives of people that wanted to do international trades or businesses.

legendary
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October 08, 2023, 04:30:22 PM
#41
We know everything actually, Bitcoin could change lives. But there are a few facts that affect us when we invest in Bitcoin. It's because fear always works on our minds. When Bitcoin starts dumping, most of us dare to buy. We become afraid it may dump more, and we may lose. I am pretty sure that for this reason, a lot of individuals are missing Bitcoin. Even I move my bid down when I see a sudden dump, and that's how I fail to buy. It's just that I become afraid when I see a dump, so I move on. So we have to learn a lot and have patience. Otherwise, Bitcoin won't change our lives.
sr. member
Activity: 1288
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yes
October 08, 2023, 04:16:25 PM
#40
For me bitcoin can change lives in ways that have NOTHING to do with "profits" or "gains", to me it's all about what bitcoin represents which is a level of freedom that we've never seen before.  It represents a new money system that takes away the tyranny of traditional fiat that our government "overlords" have placed upon us.

This is how bitcoin has changed my life, not profits.
Bitcoin is a life changer, it have changed my life positively and also counting enormous profits generated from investing in bitcoin. Sometimes I looked back and I'm grateful about the system and always happy about my decision weigh back. Bitcoin is hugh positive influence on the minds of traders and investors. Sitting comfortably at home and making gigantic profits, comparable to those working class individuals who go to work daily for the purpose to sort out their bills. All we need is having our personal laptop and key into crucial knowledge of cryptocurrency.
legendary
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October 08, 2023, 03:54:50 PM
#39
I myself had sold it long time ago, being blinded with the small profit I made from those bitcoin I had, I made a really bad mistake. It's easy to say that "if I hold it until now" where we can't really predict that we are on this price point right now.
In hindsight, you can now call it is a bad mistake, but when you were selling then i'm sure you were happy with the profit you made, that is why i think people shouldn't be sad that they sold their BTC, as long as you were happy with the decision then, you shouldn't be sad now in hindsight.
In retrospect, I can even imagine that the MtGox hack ended positively for some. Otherwise, some would have sold their BTC long ago.
You can't say that yet until they have been refunded, take note too that they are not going to be refunded 100% of what they lost.
hero member
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October 08, 2023, 03:51:11 PM
#38
I'd just say to those people how I have experienced good things about Bitcoin but, it may or may not happen to them for some instances.
1. The price of Bitcoin really differs and many can't afford it at any rate.
2. The difference of Bitcoin's price from my experience and also to the person that I am saying could be encouraging but in reality, disappointing.
3. It all ends up with the same thoughts about regretting in the past, present and future. Most people are saying the same thing about not buying early.
full member
Activity: 322
Merit: 211
October 08, 2023, 03:27:43 PM
#37
I'm cocksure that so many here now who regret why they didn't know about Bitcoin during that era you've described, claiming they would've bought in then if they were around, would still have not bought. Even now if price dipped so much, many people would be very scared to buy in. You see, we only tend to be wiser on hindsight. The decisions we take that will turn sore in future would seem right while we're taking them. That's how life is. Even those who bought Bitcoin then didn't know it would get this big today. If they knew, those who sold when Bitcoin crossed $100 in 2013 and celebrated it like it was the 8th wonder of the world wouldn't have sold off. It's the same way we're celebrating the current ATH of $68k+ now, wait when price gets way over $200k and it would look like we wasted our time shouting in jubilation now.

 Yes it is true Bitcoin made a lot of impact in people life when it’s got it high time all, same way it also cost a lot to to some that were not wise enough to know when to step in. Those that invested saw the twist Bitcoin bring, it changed a lot of people and companies into becoming millionaires. So yeah Bitcoin can change one’s life and it will continue to change lives, it not too late to invest still on Bitcoin, very soon Bitcoin will be mainstream and when it does, we are looking at seeing a new all time high maybe over $150k. Anyone who doesn’t see this as an opportunity to improve their standard of living is just ignorant of the truth.
  There’s so much golden opportunity in the crypto space and it’s is time to join the moving train, if it happened before then it can happen again, if the power holding countries like the U.S and Russia support the use of Bitcoin in every institution this will give it more credibility. And this is going to be the case very soon. Bitcoin is here to stay, I don’t see bitcoin leaving anytime soon or never. The world is fast evolving and bitcoin is a technology that can see that it all happen.
legendary
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October 08, 2023, 01:23:15 PM
#36
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'm cocksure that so many here now who regret why they didn't know about Bitcoin during that era you've described, claiming they would've bought in then if they were around, would still have not bought. Even now if price dipped so much, many people would be very scared to buy in. You see, we only tend to be wiser on hindsight. The decisions we take that will turn sore in future would seem right while we're taking them. That's how life is. Even those who bought Bitcoin then didn't know it would get this big today. If they knew, those who sold when Bitcoin crossed $100 in 2013 and celebrated it like it was the 8th wonder of the world wouldn't have sold off. It's the same way we're celebrating the current ATH of $68k+ now, wait when price gets way over $200k and it would look like we wasted our time shouting in jubilation now.
legendary
Activity: 1106
Merit: 1372
October 08, 2023, 01:07:40 PM
#35
Op when I see your topic, O said I must come and correct the word "can". As a user of the coin and as a beneficiary of the technology, bitcoin has changed lives and not can change, it has already changing lives and it is producing millionaires and Billionaires every bull run. I noticed bitcoin in the year 2015 in a seminar and I was like what is this all about, though I opened a wallet but the way the instructor taught us was not clear enough so after the seminar I forgot everything. But still having small knowledge about it, and I also wanted to buy from one the participants buy the guy refused so I abandoned the whole idea if joining bitcoin. And this I have already said I'm my first experience on bitcoin. If I did  buy it at that time by now I would have been a millionaire from the technology.
hero member
Activity: 1414
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October 08, 2023, 12:48:59 PM
#34
Even you bought Bitcoin at $0.2 at that time, I'm sure you will sell it when the price reach to $1 because you think it's already 5x times from your capital, you've make some good amount profit. No one can believe at that time $0.2 will become $27K right now, that's why I'm not regret for not buy Bitcoin when the price is still less than a dollar. So if you think Bitcoin can do impossible thing in the future, you can stat to accumulating Bitcoin from now.
You are right, because even those who have bought the BTC at an early price do not mean they must be rich by now and will not be played by the market emotions and will not sell their BTC. I was reading a post here on BTT that a whale sold his 30k BTC after falling into the hands of FUDs spread by some group or people back in 2015, and that led or made that whale sell his 30k BTC.

I mean, even if he had bought that much BTC, he must be the one from thousands who have gotten this golden opportunity but sold those BTC at a total worth of 9 million, which for him is a decent profit. And for another second thought, who knows whether he sold those BTC in FUD or whatever?

Those who have accumulated BTC either by DCAing or by Lump Sum back in 2010 and were able to save them till 2023 are the real heroes, and till now, they must be out of every doubt about risking their funds by keeping them in the form of BTC. Because now they must have seen the real potential of BTC and where it can take them.
legendary
Activity: 2282
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October 08, 2023, 12:15:18 PM
#33
For me bitcoin can change lives in ways that have NOTHING to do with "profits" or "gains", to me it's all about what bitcoin represents which is a level of freedom that we've never seen before.  It represents a new money system that takes away the tyranny of traditional fiat that our government "overlords" have placed upon us.

This is how bitcoin has changed my life, not profits.
jr. member
Activity: 46
Merit: 89
October 08, 2023, 10:50:12 AM
#32
I also think that this comparison is flawed. Very few people will still own BTC today if they bought it in 2010. In retrospect, I can even imagine that the MtGox hack ended positively for some. Otherwise, some would have sold their BTC long ago.

No one can answer whether the rally will be repeated in the future, only time will tell.
hero member
Activity: 840
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October 08, 2023, 10:37:03 AM
#31
When I started using Bitcoin for the first time, I did not think about investing in it. Normally I started using it to pay someone. I did not really understand why itss price fluctuated so much. Slowly I was using it and saw sometimes it goes up and sometimes down. I didn't even know when I understood how the market price changes. But now I know for sure.

My life kinda changed because I made my pocket money out of Bitcoin. I won't say it's a significant change. It's not possible to change the living significantly without investing enough.
hero member
Activity: 868
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October 08, 2023, 10:16:10 AM
#30

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


Yes, your words are undeniable in saying that Bitcoin has not changed some people's lives. If truly they are people that purchased bitcoin at the amount of 0.2, as you said, and they did not sell at an early time, they will definitely make great profits, but still, it is for the set of people that purchased many amounts of bitcoin. There were some people who had the opportunity to purchase Bitcoin at a low price, but seriously, they sold it before the price went very high, so even if I were opportune at that time when the price of Bitcoin was low and I was able to buy it at 0.2 price, I would have sold it before even the price hit 100$. Holding Bitcoin for a very long period of time is not easy, but if someone can try that, I believe they will definitely make a good profit from their Bitcoin investment.
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