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Topic: Bitcoin (food for table) (Read 433 times)

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February 27, 2023, 01:50:00 PM
#58
Since, I came to discovered BTC investment few years ago, it has helped me to do things on my own without depending on my boyfriend or parents before I can feed in school. I started BTC investment with little money I saved during the pandemic that made many schools to experience holiday, because of the virus that was spreading all over the world to caused people not to feed well at the moment, but it was a great season to me because BTC price used the period to pump very well.

Many people have achieved a lot of things from BTC, that is making them to disturb their government to make BTC legal so that people will be bold to spread BTC information across the country.
hero member
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February 27, 2023, 07:28:33 AM
#57
Bitcoin has helped a lot of people in terms of making money and it can help a lot more people if they will accept bitcoins and try to learn to use bitcoins well. They can use bitcoin as a trading tool or as a long-term investment so that when the time comes to sell, they can sell it at the highest price.

And people who are trying to trade also need to learn about trading so that their opportunities to make money will be wide open and of course, this will provide an opportunity to have more money. And hopefully, more and more people will realize that bitcoin can really help them so they will join it.
legendary
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February 27, 2023, 05:07:51 AM
#56
There is difference of choice over bitcoin. Majority prefer it as an investment and as an income generated apart from their day. However the bitcoin earning have uplifted the living of most of the people who have believed in it and had the patience to experience the goodness.

What OP had prayed for is really appreciable as the growth can bring something better to the life of every user who had got dependence over bitcoin.
It was founded as a currency alternative to fiat but has turned out to be a notorious asset for investment because of the speculation and the unregulated market.

I think growth financially needs a lot of effort from the personal side. It will not work with just ownjng bitcoin. You need to learn how to spend it and how to reinvest it. Otherwise you would just be spending without knowing.

Depending over Bitcoin is a good thing. But not every country has that scope.
hero member
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February 20, 2023, 11:33:35 PM
#55
There is difference of choice over bitcoin. Majority prefer it as an investment and as an income generated apart from their day. However the bitcoin earning have uplifted the living of most of the people who have believed in it and had the patience to experience the goodness.

What OP had prayed for is really appreciable as the growth can bring something better to the life of every user who had got dependence over bitcoin.
The ultimate objective of all traders and investors in the space is to provide food for their families. Be on the lookout for coins that will produce profits for a diversified portfolio. Some people live off of bitcoin on a day-to-day basis, while others are long-term investors who also receive stipends from the initiative. Bitcoin has provided untold thousands of merchants with enough income to put food on the table for their families. More investors and holders are grinning when the project takes off since they also profit handsomely from the coin. When I reflect on where I came from, entering the market late and successfully utilizing bitcoin, I'm always proud.
legendary
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February 20, 2023, 05:17:52 PM
#54
There is difference of choice over bitcoin. Majority prefer it as an investment and as an income generated apart from their day. However the bitcoin earning have uplifted the living of most of the people who have believed in it and had the patience to experience the goodness.

What OP had prayed for is really appreciable as the growth can bring something better to the life of every user who had got dependence over bitcoin.
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February 20, 2023, 05:10:58 PM
#53
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty of people in what we do, evidence of anything is the result of what you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
Grin funny thread and at some point, I struggled to understand the point you are trying to make because I can't figure out what exactly you mean with this whole message.
-In some instances, I thought you were trying to praise how Bitcoin has offered financial freedom to the users and also the gain people have made through Bitcoin trading which is true.
-But again you speculated the price of Bitcoin is a major challenge at this point, what I think in this regard is that Bitcoin is doing just fine in price unless you bought when Bitcoin price was around the all-time high or above $50k.
hero member
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February 20, 2023, 04:02:38 PM
#52
Until now bitcoin is still a tool for investment and it is very good to do but indeed when you say this as a feeder, for me personally maybe this is only a side and investment because I don't dare to do this as the only livelihood for support my current life.
It's true that there was some real impact when I was in bitcoin but that doesn't mean I have to depend all my living conditions on bitcoin alone because indeed we also still have to have other jobs in my opinion in order to support what we need, the rest of bitcoin can be an addition to the main job we have.
hero member
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February 20, 2023, 03:15:50 PM
#51
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Hope you do know that a larger majority of the worlds population aren't involve in Bitcoin either by holding or trading. It's just a few that has been blessed to benefit from involving themselves in the industry. I would advise that instead of us complaining about Bitcoin been down, we should use this opportunity to accumulate more Bitcoin. The families that has been affected by this bear market should take it as a warning.

In the future, they should have a plan B that'll help in situations like this one. Never put all your eggs in one basket, always have an alternative means of earnings and that which isn't related to your main source of income so in times like this you can rely on the alternative sources of incoming to survive.
legendary
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February 20, 2023, 12:56:25 PM
#50
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.
I haven't made Bitcoin my sole livelihood during this time, as I always take on more job opportunities if the offer is right and if the partnership doesn't interfere with my time for other work. Know that people who have more than one different job in their life will always find it easier to get food every day even though their comfort starts to decrease a little because their days are always busy with work.

At least getting involve in Bitcoin economy expand your ways of earning extra money.  Aside from investment, and trading, Bitcoin start-up often demand people that is capable to do the job.  Aside from that, in order to capture more people, start-up company often launch marketing and promotional campaign which also gives an opportunity to people who has talent on this area.  Overall, we might not need Bitcoin to bring food to the table, but it still provide us with varieties of income generating tasks and jobs.

Quote
Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
In my opinion, investment still makes a lot of sense if the assets invested are clearly assets that are liked by many people, for example like Bitcoin. Because besides you can still trade it to find your daily profit, you can also invest Bitcoin for the long term in the hope of bigger profits. Even though maybe you prefer small profits that look more certain because you can enjoy them right away.

It still make sense to invest in Bitcoin even though it is not as early as thos who invested on its first year.  Bitcoin is cyclical meaning price go up and down in a cyclic manner.  We just need to know when is the perfect time buy and sell.
sr. member
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February 20, 2023, 12:36:40 PM
#49
the presence of bitcoin in this world certainly has a positive impact on those who like bitcoin and accept bitcoin, but many also don't like bitcoin. For some reason.

in my personal opinion bitcoin is a valuable asset for the future, and it can also be called a side business. but still what I prioritize is work in the real world.. but with bitcoin my business is becoming more advanced because it can be said to have 2 businesses, namely online and offline businesses.

Bitcoin can be used in many ways, we do not know the need of each person who has it, some people do live on bitcoin, for that reason they trade and look for ways to increase their satoshis and when they have economies with inflation, bitcoin is more valuable than gold, because in economies with inflation bitcoin will always shine, it is the best option that people have, it is much better than having savings in a bank where it is controlled by other people and by a government. It should not be ruled out that bitcoin is the only currency in the world that never loses its value and is positioned above the dollar and euro.
legendary
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February 20, 2023, 12:32:32 AM
#48
You are absolutely right! Bitcoin will save the world!

Are your signature campaign paying for nonsense posts like this?

Anyone can tell you that Bitcoin are not going to save the World's food problems and it's definitely not going constantly put food on the table. The technology can make governments more transparent and if the Bitcoin price is in a recovery phase, you might make some small profits with trading.

It is better for people to understand that they should not expect Bitcoin to be a profit machine, but rather that Bitcoin could be used as an alternative currency and a possible store of wealth.
full member
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February 20, 2023, 12:02:59 AM
#47
Bitcoin has feed many people dead or alive,
I am more concern about this? how can something fed the dead? not only bitcoin but everything that you can mention?

you are truly exaggerating the bitcoin function .

You are absolutely right! Bitcoin will save the world!
that is over statement , we still have no idea if this will reach its goal to be adopted worldwide.
full member
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February 19, 2023, 03:03:24 PM
#46
You are absolutely right! Bitcoin will save the world!
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February 19, 2023, 02:22:41 AM
#45
the presence of bitcoin in this world certainly has a positive impact on those who like bitcoin and accept bitcoin, but many also don't like bitcoin. For some reason.

in my personal opinion bitcoin is a valuable asset for the future, and it can also be called a side business. but still what I prioritize is work in the real world.. but with bitcoin my business is becoming more advanced because it can be said to have 2 businesses, namely online and offline businesses.
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February 18, 2023, 06:59:18 PM
#44
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
You seem not to be after the beauty of the Bitcoin technology which I believe is the reason why you do not understand the fundamental aspect of the Bitcoin market and how to make better use of every trend provided by the market because every market have its own benefit this includes the bearish market you sees as a challenge or hindrance to the earning of some traders.
sr. member
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February 16, 2023, 04:32:50 PM
#43
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
I think still think if this is supposed to be a comment of a created post. Yes we know that Bitcoin had been an helping hand to many of us and since the launching of Bitcoin, the crypto market had been having consistent renovation that had been bring different kind of things to the market at large. Bitcoin is here to stay and we should be prepared for the good time and the bad time. Bitcoin will always fall on bear and bullish market and there is nothing we can do about that. Let try as much to buy some holdings and keep for ourselves for the future.
hero member
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February 16, 2023, 04:28:09 PM
#42
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
I guess that it is clear to everyone that bitcoin is a way to make money, that much is certain, but is it really as good as OP makes it out to be? I agree that it has made a lot of people some profits, but it has also caused a lot of people to lose money as well and I have to say it is not really that easy to say those people enjoyed the situation.

We are talking about tens of thousands of people losing their investments and savings on bitcoin and we have seen them all here and on twitter, did it helped those people? No. Which means that even though OP means well, it is missing some data and it would not be fair to think everyone made a profit.
legendary
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February 16, 2023, 11:01:37 AM
#41
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
It is extremely risky to lay your existence on bitcoin. Today btc will bring you profit, and tomorrow it can deprive you of the last piece of bread. Despite the fact that bitcoin gives people extensive opportunities for speculation and making money on it, all the same, btc was created for other purposes.

In order to have food on the table, it would not hurt to master useful skills that are more stable in terms of profitability. Trading is a very unpredictable process, comparable to the lottery or roulette. You need to be careful with a bet on only one number.
hero member
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February 15, 2023, 11:43:04 PM
#40
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin.


Bitcoin faucets are able to feed people but faucets with good amount of Bitcoin is past stories. Today you can not claim too many satoshi daily from Bitcoin faucets to feed yourself or your family.

Well, it was really those best days to have a faucet that you can earn 5 Btc, only if someone knew how Bitcoin will move forward during that day. Unfortunately, nobody knows that, so people didn't bother to waste their time earning those faucets, coz 5Btc before can't even feed a single person, not even for a single meal.
As for OP's claim, I don't think there were a lot of people who's relying their necessities with Bitcoin trading. Even those massive traders, they all have day jobs or businesses.
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February 15, 2023, 11:24:42 PM
#39
Mate trading has risks and it's very risky to completely rely upon it. I am not saying that you chose trading, and you did wrong. But also you need to understand that, trading can only be treated as a side income or business, completely relying on trading will surely land you in harsh situations. Trading is extremely volatile during the bear season, thats why to get the funds, many traders do part time jobs side by side. So it’s my only advice is to learn a skill and do it to earn money.
legendary
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February 15, 2023, 11:12:47 PM
#38
Bitcoin has feed many people dead or alive,
How exactly is bitcoin feeding a dead person?!

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I discovered that many people source of surviving is through Bitcoin.
How did you discover that? Could you show us the proof too so that we can discover it too?

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Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.
That's a terrible thing to do. People should rely on actual work and actual income for their livelihood and only treat investment and trading as a secondary source of income not their one and only income because everyone knows that markets (all markets) can have good days and bad days. Which means trading is not something you can rely on for a steady income.
Not to mention all the risks involved with trading, centralized exchanges, hacks, etc.

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Investment has not making sense anymore. Is just stagnant and dropping down the axis.
Bitcoin dropping stopped months ago! It was also recovering these days.
Besides this contradicts your previous statement about "trading" bitcoin. A trader doesn't need price always going up to make profit. They earn money from volatility which is both ups and downs. In fact the previous couple of months that price went down has been excellent for traders to make money.
legendary
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February 15, 2023, 10:40:18 PM
#37
OP I am not familiar with anyone who living is completely on Trading Bitcoin. My background is from a farming family and in my society maximum of people are non-dependent on only one source of income. Trading and all this digital services stuff were about never existing before the Covid crisis. In covid many things are changed, people are more digital, and online services are far more developed these days. The freelancing concept and digital modes of earning are very common these days.

For the first year of my crypto journey in 2019, nobody even believes that I am doing some crypto related stuff after the whole year when I took my first exit from the market with the withdrawal of PKR-24K then my family took me seriously and they supported me to continue my journey and Alhamdullial now, I am an Investor, Trader, more importantly, I am part of Bitcoiner community.

Point is Trading is good but only being dependent on the trading is not good at all, need to find out some other ways as well and there many sub-domains in the crypto market to ear easy livings.
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February 15, 2023, 04:58:58 PM
#36
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of what you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
Trading should be seen in a general context and not peculiar to bitcoin alone, even though so many traders are now relying on Bitcoin as their basic and primary trading assets, and in my region, there are quite a large number of youths who are making daily earns need through cryptocurrency trading and in doing that there is need for high trading skills that could project your bitcoin position of the price swing against your standing.
But it is far more better to have diversified sources of income if you want to stay above market uncertainty.
legendary
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February 15, 2023, 04:53:38 PM
#35
It isn't just btc but crypto that has fed many families till date, be it through trading or free money that people get through airdrops (some may get it through the use of some marketplaces and some get it through using a testnet of a new chain). There are hundreds of opportunities in the market and if you stand to catch the right one on the right time, you will succeed no matter the charts are green or red. Keep trying because without doing that and thinking that the price just keep going up, will neither feed you nor your family.
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February 15, 2023, 04:52:42 PM
#34
Investment has not making sense anymore.
How is it that bitcoin doesn't make sense anymore as an investment? It's even the main characteristic when you're going to ask someone like this; "Have you invested in bitcoin?"

And that's why most of us are into it as if we're all investors and it's true, that many people are reliant on it and made themselves full time and bringing food to their tables through trading or any other means that they do.

Another thing, it's not always the decrease that everyone should notice because price now is up and sitting on $24k.
hero member
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February 15, 2023, 04:49:29 PM
#33
Not a financial advice but I always say, if you could have time spent to learn bitcoin and how to trade you can afford to squeeze in a few hours of your day to learn a new profitable craft. Just as with investments, you can't put all your eggs in one basket. You just might lose everything and you won't have any means of recovery because as it stands today, you only ever knew how to trade bitcoin and nothing else. Toss in a few writing lessons or maybe even apply for work full time to not only bring food to the table but to also fund your portfolio at the same time. It doesn't hurt to have another source of income especially in the state of things today when goods and commodities only get more and more expensive whilst salaries stay stagnant.
legendary
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February 15, 2023, 03:53:43 PM
#32
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
Well, it might interest you to know that the decline in the price of bitcoin from its all the high price, has not stopped good traders from making their daily bread through the profit they make daily.
The decline in the price of bitcoin is only taking a toll on those who bought it at a really high price, like those who bought bitcoin at its all time high price, we all know that it will take another bull run for the price of bitcoin to reach that amount again.
But traders can always sell, keep trading and turn their losses to profit after a short while.
legendary
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February 15, 2023, 01:01:38 PM
#31
I don't know about surviving via trading, but there was a time in my life when sig campaign was the main source of income, and everything cost cheap enough for it to cover the rent, utilities, and food for one person for a couple of weeks. It's been a while, lots of things changed, but back then Bitcoin did bring food on the table and helped a lot. I'm sure many went through something similar as well, and some are probably going through similar things now, especially if they have some expenses covered (like having a flat and thus not needing to pay the rent or having cheap food in a student dorm's cafeteria).
But I must say that it's not what Bitcoin is for, and Bitcoin can't solve unemployment or poverty. It can help some, and that's great.
sr. member
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February 15, 2023, 07:38:05 AM
#30
I understand that you mean those dead people are once helped by Bitcoin. It wasn't Bitcoin itself actually that help those people but it was those people themselves because they didn't just stand or sit there but they did something. They get up, and find opportunities. I think luck can also play a big part here.

I know many of us are lucky to came across bitcoin in a random occasion and then that was the start of their life-changing journey. Bitcoins price or any other assets might be down but it doesn't mean that investing doesn't make sense anymore. A downfall in the price is only part of it. You can just HODL and wait for the price again to recover or you can also use this moment to invest more.
legendary
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February 15, 2023, 07:22:54 AM
#29
A full time trader should have enough money to still have food on the table despite a losing day. Trading is not guaranteed to be successful everyday. If losing in trading means losing money to support your basic existence, I guess you're relying too much on it. In which case, trading can't be used as the main source of as basic day-to-day need as food.

The same is true in treating Bitcoin as investment. If Bitcoin goes through a long bear market and you're deprived of your basic needs because of it, you're investing too much or relying heavily on Bitcoin. You've probably heard of investing only what you can afford to lose?
sr. member
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February 15, 2023, 06:22:34 AM
#28
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.
I thought if something eatable was going to be discussed here.  Tongue No doubt there may be families whose major source of earnings could be Bitcoin trading or any other way to earn it. It is not recommend to encourage low earning people to invest in BTC and make it the only source of living.
Quote
Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
First of all we need to understand that Bitcoin should not be blamed for it's price volatility, the price change is only reflection of the market response. It is our responsibility to find the right time for affordable investment. Even yesterday was a good day for the day traders.
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February 15, 2023, 05:38:21 AM
#27
If you rely on "Bitcoin" to put food on the table, you are invested in the wrong technology. Bitcoin as an investment is not effective as a short term investment, because it is better suited as a long-term investment.

There are potential for huge profits in the long run, but people that are living from hand to mouth, do not have the luxury to wait for 3 or 5 years for those investments to pay off.  Roll Eyes

If you want to put food on the table .... go out and look for a job or do something with your hands and sell that, if you can. Then take a very small percentage of that and buy bitcoins... it might pay off in the future.
You are considering bitcoin as just an investment, but you should realize that it is also currency. Let me explain as the most known thing here; signature campaigns. With them you get paid in bitcoin right?

Of course you do not get paid a ton, and it is around 80 to 100 dollars a week, and that is at max 400 dollars a month, and that is not enough for majority of the world outside of just few poor nations, none of us could live with that, but it is there, so it shows that there is a chance you could work and earn it. I believe that if we can do this, then there are other jobs and bitcoin could put food on your table, and that is the best thing about it.
legendary
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February 15, 2023, 01:47:58 AM
#26
If you rely on "Bitcoin" to put food on the table, you are invested in the wrong technology. Bitcoin as an investment is not effective as a short term investment, because it is better suited as a long-term investment.

There are potential for huge profits in the long run, but people that are living from hand to mouth, do not have the luxury to wait for 3 or 5 years for those investments to pay off.  Roll Eyes

If you want to put food on the table .... go out and look for a job or do something with your hands and sell that, if you can. Then take a very small percentage of that and buy bitcoins... it might pay off in the future.
legendary
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February 15, 2023, 01:12:22 AM
#25
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.
Hardship is everywhere but bitcoin is not the solution to hardships. Bitcoin is a currency and can be used to spend for food if needed and if there are avenues of spending in your country. Your poverty of quality of life will not improve with the use of bitcoin. Because earning bitcoin is the same as earning fiat money - you need to have skills and put those to work and earn your bread.

Trading can only be a side hustle, I dont expect a forum member here to become a professional trader. Hence attempting to make money enough to feed yourself for months through trading is a wrong goal to set.

Rather get a proper education and go for the things you have a passion for. Then you can earn and have a decent quality of life.
legendary
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February 14, 2023, 06:40:16 PM
#24
Supposedly Bitcoin is for peer-to-peer transactions or means of payment, that's the reason why it was created.
Bitcoin doesn't promise to anyone to make a profit, but due to the price matter on the demand and supply there are too many of us storing Bitcoin value hoping to make a profit in the future but I don't think if you want to get quick rich, you can gamble in trading.

Trading is very risky and I confirm this is meant for everyone, you might get a profit but the chances of losing money are quite high and if you've enough knowledge I suggest don't do trading.  There's no accurate result of making a profit on trading, it's very risky and you can't rely on this to bring food to the table.
legendary
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February 14, 2023, 06:27:43 PM
#23
Dependence with investment? On an average wage earners? Won't be advisable. A stable job and income is for sure necessary to make a living and engaging to investment will just increase the expenses and lessen the amount of food an individual could offer in a table. There's no such thing as assured profit in any field of investment especially with a more volatile ones such as Bitcoin. It is indeed profitable especially if you have the skills to utilize its nature but given that there are times wherein the market is down, how qould you be able to provide what's necessary for your family? Selling would indeed cut your losses but will also make your losses permanent.
hero member
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DGbet.fun - Crypto Sportsbook
February 14, 2023, 03:42:33 PM
#22
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
I dont know but its not really just right to have this kind of mindset considering that Bitcoin is a digital currency.Its not something a job which you could really highly depend or rely on just to expect that there's something that you could put into your table.
Somehow it does really give out that chance on making profits which we cant really deny about it but we know that volatility and unpredictability isnt something that we could easily deal with
Therefore, there would be no assurance that you would be getting profits on day to day basis.This is why its not really that ideal on making yourself that too much positive
and if ever you do able to sustain then its good because only a few could able to do this no matter what the market condition would be.
sr. member
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Underestimate- nothing
February 14, 2023, 03:41:13 PM
#21
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
I can testify bitcoin has actually built and created an opportunity for people especially in my region, investing in bitcoin has been one of the sweetest aspects of life, yeah families or friends have benefited just because someone close to them has invested in bitcoin, and to some extent been a trader has is own risk but despite that have created opportunities.
sr. member
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February 14, 2023, 03:25:02 PM
#20
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin
No doubt, bitcoin has been the source of income for those who can trade on bitcoin very well and have solely depended on bitcoin for survival. I have read about a situation whereby some people left their present job for bitcoin trading. According to them, they earn more in bitcoin trading than in their job.

but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.
Since am not into bitcoin trading, I will not be in a better position to answer that cos I don't take bitcoin trading as my only mean of livelihood. I have a job that I fall back on for survival, now that the crypto market is bearish.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
We hope that bitcoin will do well in price but if it doesn't, I will keep investing, hodl, be patient, and trust the process, believing that bitcoin will surely skyrocket
sr. member
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February 14, 2023, 02:58:20 PM
#19
Solely depending on bitcoin trading is more or less you going on a suicide mission. As we all know, bitcoin and Crypto as a whole is volatile. The volatility of the Crypto market is what no one can comprehend in any way. There is an adage that says ' so not carry all your egg in one basket" that is wisdom. You should know that bitcoin is not what you fully depend on as means of survival. A a smart trader, investing in others business should be a priority as well because you never can tell what the market would turn out to be tommorow that is why you are always warned or advice to trade or invest  what you can afford to loose so you do not get into trouble with yourself. I think OP should get a good orientation on bitcoin properly so as not to get things mixed up.
hero member
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February 14, 2023, 01:43:20 PM
#18
It is far more challenging to get a bitcoin these days and that too free of cost. Man, there was time when peeps were just giving away bitcoin for fun. Now look at it, bitcoin has become so demanding that they can not just give it away. Even faucets would take your time, few ad clicks, few downloads and stuff like that to generate the revenue and then give you some 2-10 satoshi's. In addition, these sites are also not running for very long these days. They will make quick profits and just go away with the revenue without even paying their users.

That hard it has become over the period of time. Now to get the bitcoins you have to compare it with the payments / salaries that are paid for your skills. For the work that you were doing normally to earn fiat. That's why it cant just fee the families! Now it needs to be earned before one can enjoy it.
legendary
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February 14, 2023, 01:35:50 PM
#17
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table

Any family that depend on Bitcoin trading for survival might die of hunger. This is because when the price goes down and there is no profit, the family might have nothing to feed on. It is better to see Bitcoin as an investment or a side job and not a full time source of income. Bitcoin is not a get rich quick scheme like some so called crypto experts have projected it to be, rather it is a long term investment that needs a lot of patience and fearlessness. If you come to marry my daughter and I ask about your occupation and you say you are full-time Bitcoin trader, I might discourage my girl from marrying you because you don't have a job.
hero member
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★Bitvest.io★ Play Plinko or Invest!
February 14, 2023, 01:35:14 PM
#16
Bitcoin indeed save so many people from starving it became a source of income for most of us, specially when pandemic strikes.
Most people lost their jobs and earn through crypto.
And I could say that I am part of those who survived because of crypto.
legendary
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February 14, 2023, 09:21:27 AM
#15
Quote
Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present.

The title is very misleading and different from the content of the topic. Do you think that Bitcoin is the Ministry of Social Welfare in your country or what? It is an investment, if you are not aware of the risks of investing, you will end up losing your money.

You can start by looking for a job and leave the rest of your money as a long-term investment in Bitcoin, this is the best solution.
legendary
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February 14, 2023, 08:53:53 AM
#14
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin
I thought for a second, how to dead people eat? Cheesy
You are only pertaining here to Bitcoin trading. In fact, there are many ways to earn Bitcoin and not just in Bitcoin, but cryptocurrency in general. Thinking that you can only earn thru Bitcoin trading is bad IMO. Freelancing and accept Bitcoin as a payment is one way, faucets is another one (though not worth it) etc. There are many ways.

As for us here in our home, a percentage of our monthly income comes thru crypto (thru freelancing).

but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.
No for me.
This only affects people who has Bitcoin as their only income source. For me, I still have a main job aside from my freelancing job which I'm paid thru Bitcoin. Did it affect me? Yes, but not to the point where I feel that I'm having a hard time coping up with the expenses because of what happened to the whole crypto market.

Bitcoin should do well again I pray do that we can have plenty people in what we do
There's nothing wrong in praying so just continue what you're doing. I've been investing for 4 years already, and I didn't even try to pray with regards to my investments.

Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
That's how newbies think.
They see stagnant and dropping market as a negative where in fact, it is a positive one because you can buy cryptocurrencies at a cheaper price.
sr. member
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February 14, 2023, 08:52:34 AM
#13
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.
Bitcoin is not a job and people who have put their dependence on bitcoin trading as a source of livelihood are making a very wrong decision because of the many uncertainties and things you cannot predict with trading. It is just like a gambler who depends solely on gambling to survive. Bitcoin trading is no guaranteed way to make money that can sustain you and your family. People who trade are always advised to seek to have other sources of income to assist and help them to avoid always wanting to sell some bitcoins (because how can you keep bitcoins in such situation), and for the times when things get rough. Bitcoin trading or investment should not be your only source of livelihood.

hero member
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February 14, 2023, 08:25:32 AM
#12
I got your point, but it was exaggerated that bitcoin was feeding those people who are doing trading, and with the price right now being down, it means for you that it can't provide food as they aren't getting profit. I don't know who you are referring to, but most of us here have another source of income that we use to feed our family, but only a few of us use bitcoin as a main source of income as it is not stable and it is very risky as it is volatile. I would suggest to you that you find a job and use trading as your side hustle to earn extra income.
legendary
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✿♥‿♥✿
February 14, 2023, 07:46:27 AM
#11
OP, what did you expect? So that you invest a few dollars and start feeding your family with these, expecting a regular rise in Bitcoin?
I'm tired of complaining about your posts. You have been pitied for plagiarism, but in the end, start reading and stop writing nonsense. Learn about what volatility is, and maybe come up with a story about how you fed your family for several years after gaining complete financial independence. It will be more colorful.
hero member
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February 14, 2023, 07:31:02 AM
#10
Bitcoin never feed anyone because it's not a free food and distributed to poor people, a children which is usually less than 18 years old and came from poor countries doesn't have any funds to buy Bitcoin, how they can trade Bitcoin if they can't afford to buy Bitcoin in the first place? I'd say your stories are just like a fairy tale.

I think majority of people are using Bitcoin as an investment, not for trading because they know not all people can make money through trading.
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Pizza Maker 2023 | Bitcoinbeer.events
February 14, 2023, 07:25:49 AM
#9
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table

OP, I didn't understand whether you were referring to those who are struggling to make a living and therefore rely on Bitcoin or if trading is currently not bringing any benefits because we are in a bear market. In any case, if it's the former, I think you should hang in there and try to find other sources of income at the moment. If it's the latter, I don't think that's what's useful for Bitcoin.
hero member
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February 14, 2023, 06:33:50 AM
#8
It is good amount of Bitcoin only now.  Back then, it was as worthless as claiming tBTC from faucets is today.  Nobody imagined Bitcoin becomes this big.  Otherwise, do you think some body would have given away 5 BTC so easily back then?
I know that Bitcoin did not have great value in 2010 but the faucet is from Gavin Andersen, a Bitcoin developer. I believe that he had good belief in future of Bitcoin but perhaps he did not imagine Bitcoin will have value like $60,000. His faucet is iconic part of Bitcoin history.

Quote
Imagine you think you can not claim too many Satoshis daily from Bitcoin faucets today and in one decade a Satoshi is worth $1.
I don't believe one satoshi will become $1 in next decade.

If it becomes $1 in 2033, the global economy will be in hell and I don't want to be part of it. Maybe 1 satoshi will be worth $1 in 2140 but I will no longer be alive in that year.
legendary
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Farewell, Leo
February 14, 2023, 06:31:34 AM
#7
Buying bitcoin and holding it, instead of saving in your national currency is a smart choice. But trading bitcoin and fiat back and fourth, believing that you can generate income by that is no more different than believing you can live off gambling.

Imagine you think you can not claim too many Satoshis daily from Bitcoin faucets today and in one decade a Satoshi is worth $1.
Actually, a lot more. Giving away 5 BTC is the equivalent of giving away $100,000. If we take today's faucets that don't send more than 1000 sats per click, each sat should be around $100 in 2033 (which, in my opinion sounds a lot more crazier than the former).
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February 14, 2023, 06:31:18 AM
#6
But they can still try to trade bitcoin at this time. If they see the price of bitcoin going up and down, they can try to trade by buying low and selling high. There's no need to try to make big profits if it's too hard for you, but try to make multiple profits on each trade, and don't be greedy.

But it's better if they find work offline and try to invest in bitcoin to prepare for their future so that when the time comes for bitcoin to increase in price, they can sell the bitcoin and make a profit. If they don't have the money to invest in bitcoin, it will be difficult for them, so it might be better if they can get a job and earn a salary to start investing in bitcoin.
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Crypto Swap Exchange
February 14, 2023, 06:22:29 AM
#5
Bitcoin faucets are able to feed people but faucets with good amount of Bitcoin is past stories. Today you can not claim too many satoshi daily from Bitcoin faucets to feed yourself or your family.

Get 5 free bitcoins from freebitcoins.appspot.com

It is a first Bitcoin faucet, 5 BTC a day.
https://web.archive.org/web/20100703032414/https://freebitcoins.appspot.com/
It is good amount of Bitcoin only now.  Back then, it was as worthless as claiming tBTC from faucets is today.  Nobody imagined Bitcoin becomes this big.  Otherwise, do you think some body would have given away 5 BTC so easily back then?  Imagine you think you can not claim too many Satoshis daily from Bitcoin faucets today and in one decade a Satoshi is worth $1.

-
Regards,
PrivacyG
legendary
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bitcoincleanup.com / bitmixlist.org
February 14, 2023, 06:17:56 AM
#4
When I first saw this topic I thought OP was referring to "people using Bitcoins to provide for their family" which I would definitely agree with, but it looks like they're just talking about "trade bitcoin and hope you turn a margin profit" which is not how people should be approaching this at all. Most people here are not traders and you should not have to be compelled to become a trader if you want to make good money in this space.
hero member
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February 14, 2023, 06:13:18 AM
#3
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin.
Bitcoin is not a living organism and it is not able to feed anyone. Bitcoin blockchain is not able to do this as it is only a public ledger to record all past transactions. Miners only confirm transactions and receive block rewards, transaction fees.

Bitcoin faucets are able to feed people but faucets with good amount of Bitcoin is past stories. Today you can not claim too many satoshi daily from Bitcoin faucets to feed yourself or your family.

Get 5 free bitcoins from freebitcoins.appspot.com

It is a first Bitcoin faucet, 5 BTC a day.
https://web.archive.org/web/20100703032414/https://freebitcoins.appspot.com/
hero member
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February 14, 2023, 05:47:36 AM
#2
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.
I haven't made Bitcoin my sole livelihood during this time, as I always take on more job opportunities if the offer is right and if the partnership doesn't interfere with my time for other work. Know that people who have more than one different job in their life will always find it easier to get food every day even though their comfort starts to decrease a little because their days are always busy with work.

Quote
Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
In my opinion, investment still makes a lot of sense if the assets invested are clearly assets that are liked by many people, for example like Bitcoin. Because besides you can still trade it to find your daily profit, you can also invest Bitcoin for the long term in the hope of bigger profits. Even though maybe you prefer small profits that look more certain because you can enjoy them right away.
newbie
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February 14, 2023, 05:33:28 AM
#1
Bitcoin has feed many people dead or alive, I discovered that many people source of surviving is through Bitcoin. Families that have nothing to offer has survived probably because their children are involved in trading bitcoin but now that the price is down I know most of us that this has being the only means of livelihood, is being tough to meet up the current hardship in the land.

Bitcoin should do well again I pray do that we can have plenty people in what we do, evidence of anything is the result of you can present. Investment has not making sense anymore. Is just stagnant and dropping down the axis. Bitcoin keep putting food on our table
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