Topic: Bitcoin Has Changed My Life 👨‍💻 - page 3. (Read 1079 times)

I think the Author of this thread wanted to highlight to us the fact when you invest in bitcoins at the wrong time, you will lose most of your capital because the price will greatly decrease if you end up investing when the crypto market is about to go bearish. But the good thing is, you still have your money and you can wait for it and leave it right there because the chance to get back your money is still possible even though you don't do anything about it. I have a friend who left his BTC out there after the price crash way back in 2018 and managed to multiply after he decided to withdraw in the last ATH of the Bitcoin price.

OP,  you made $80 in two days trading bitcoin, good for you. But you have to keep one thing in mind Bitcoin is risky. If you want to make a career only with Bitcoin trading, I think it's a wrong idea. OP Do you have any business or any job? If you don't have any job or source of income. You have to earn to live first. You should first do the job or business. There are also many stories of people who have suffered a lot by trading Bitcoin. You too can get hurt by trading in Bitcoin in the future. So you can do a job or business first, as well as Bitcoin trading, rather than building your career in Bitcoin.

As you are looking to build your career around Bitcoin, I will give you some important suggestions. You may have made $80 profit in two days trading bitcoins and your happiness is boundless but you will be surprised to know that many people have gone bankrupt due to huge losses in trading. The amount of profit you earned in two days may be relatively more than your government job or any other private job but government job has security in a future life whereas in bitcoin trading there is no future security. So if you want to make a career in bitcoin trading then you should confirm your educational qualification first and then decide to make your career. If you haven't completed your formal education then you should get your academic qualification first and then start working on Bitcoin trading.

I can tell that OP is gambling rather than trading and he was lucky to make $80 from his $100 capital. I also bet with OP that if he continues to trade, he will soon lose everything because no one can be lucky forever. Trading requires years of knowledge and experience, even if he got those things, there was no guarantee that trading would change his life, let alone relying on luck. But as Don Pedro Dinero said, his story is very doubtful, I also don't think it is a true story.

It is possible but it may take longer than majority of the people assume, it should not be that much simpler. I think it is quite important to remember that you are not going to end up with a result that would be all that simple and we should be expecting something different. I personally believe that the best thing to do in this case would be making sure that we are making a profit no matter what and to do that we need to hold it as long as possible.

People want to get rich quick and that's not going to happen, it will not be possible and many will be upset about it. I think it is smarter to just end up with something that would benefit everyone equally and that is not going to be all that simple to wait for many.

Right, I totally agree with your opinion. The OP here says his life was changed by Bitcoin. But from the way he said, I saw that he earned 80 dollars with 100 dollars through trading. His original balance is $180. Earnings for this temporary period can never change a person's life. Here I'm sure the OP has no trading experience as stated. If he has no experience with the trading platform and cannot do signal/candlestick analysis, he is sure to lose all his balance. Trading definitely requires a lot of experience, if he doesn't have that experience then OP will never earn from trading platform. As a result his life will be ruined by the change.

Good to see that you have positive feelings about Bitcoin and Bitcoin trading but I would like to warn you that trading isn't an easy game and if you don't give enough time to learning it properly then you may face huge losses in future. I believe that you might have turned $100 into $180 with the help of leveraging on futures trading as it's not easy to do that on spot because earning $80 from $100 in two days is a difficult task and I believe that you were lucky to earn that much. But, if you have earned that using spot then in that case you might have traded Bitcoin against another altcoin most probably a pump and dump one, and that my friend is a very risky thing because those pump and dump coins are very unpredictive and they can ruin someone's portfolio easily.



Well, those people who compare gambling with Bitcoin are not aware of the real purpose of Bitcoin and they don't really give proper time to research and understanding of Bitcoin. Bitcoin is a form of payment and as asset at the same time. It can be used for gambling as many online casinos accept it as a payment on their platform, but it doesn't have any connection with gambling at all, and it wasn't made for that purpose.

Do you mean making money from bitcoin trading is easy? So can you tell me how much profit you make from bitcoin trading? This is the first time I've heard someone say that making money from trading is easy because as far as I know, trading is considered a lot harder than holding for the long term. That's why people often say that trading is not for the masses, while you say that trading is easy to make profits. I'm really confused to hear you say this.

Bitcoin's potential is irrelevant to whether you make money trading or not because you are relying on its short-term volatility.

I don't buy the OP's story. He says that with bitcoin trading he got $180 from $100, $70 of it in two days, and from there he doesn't tell any more about his trading experience but his answers in the thread are vague. The part about how that amount has changed his life is the last straw. If he keeps trading he will most likely lose that $180 and then it won't have changed his life at all. Seeing also the neutral tags in his profile I'm sure the story is made up. It has no head or tail, and it's a good thing he hasn't earned any merit with it, as it happens other times.

Newbies can also start trading if that is their goal and passion, but it is better for them to take it step by step instead of rushing to make money. In my opinion, newbies should start with a demo account to gain the most basic knowledge about trading, in addition to improving their knowledge every day to better understand trading and the volatility of the market. After a while, they can start with the smallest capital but don't dream of being able to make money, it's time for real experience because there is also a difference between demo trading and real money trading.
As a trading beginner, let's first determine how much money we will lose, don't rush to think how much money we will make.

Yes… many people mistakenly think that casinos are a place to make money, but casinos are a place to spend money and have fun. Maybe we hit the jackpot once in a while but it doesn't happen every day


Trading is not recommended for beginners, but if the intention is to learn, he can do it with a little money to analyze bitcoin price movements. Apart from that, he also need to train mentally because usually beginners will often panic and rush to cutlose

He just got lucky that time but he never knew what would happen the next bet, probably it is a loose bet.
Yes, OP doesn't really know about gambling, and too bad he thinks that this will give him a fortune and earn more the same thing happens to trading if he never knows it well.

I know trading could give us profit but we must learn it first and suffer losses before reaching our goal. But what happened to OP had concluded already that he is not better than just gambling. He will find it the reality after a few days of gambling.

I don't see what's confusing or depressing about the thread, the fact that he started trading and made some profit with Bitcoin and is happy and letting us know about it is enough for someone to understand what the thread is all about. He has a lot of things to learn, for sure, but he has all the right to celebrate his profits and he will surely understand things slow and steady.

You are right but I think he mentioned it himself that he won't get greedy and take things easy, and if he does that, I don't think he will have a lot of problems taking into account that he focuses on learning as much as he can.

Honestly, I don't hope or expect OP to lose money but I believe that if he doesn't stop, losses are inevitable. Trading is not suitable for beginners, let alone what futures trading will bring for them.

And I agree with you in the part I printed in bold, after losing money, most newbies will not admit they are wrong because of their own greed. They will immediately blame bitcoin for fraud and gambling, and begin to have a negative view of bitcoin, even spreading false information about bitcoin.

Well that's true enough, it can't be denied that when we manage to get a profit especially with a large enough amount there will definitely be great pleasure and also of course with sensation. You have managed to get what you want and I hope you will be able to achieve that profit consistently according to what every trader wants. Well that's true, sometimes there are also some of those who have managed to make a profit and they are too happy in response to it so it is very likely that they will get carried away and think that they are very great in this field of trading, of course it will make them feel very confident in their knowledge and in my experience it is very likely that then they take careless actions because it is based on an inappropriate mindset that thinks that trading is easy to conquer when in fact it will not always be in accordance with what they want. As we know the risk in the world of trading or investment is quite significant because it is very volatile and obviously knowing that alone should make us have to make a lot of considerations in every condition so that everything continues to run smoothly according to the target.

True, experience is very necessary and by looking at the risks alone I think this profession is not suitable to be your main place of income, but you can use this for your part-time job, it will be safer and if something happens (loss) you will still be able to live by relying on the results of the main job.

Right now you may be happy because you managed to get a little profit from trading Bitcoin, but however you will definitely feel frustrated after experiencing a loss later, trading is indeed one way to make money, but that doesn't mean we can always make money by trading because basically Market movements will always fluctuate so traders cannot always predict them accurately, therefore knowledge and experience are very necessary when we start trading in order to minimize losses.

Trading and gambling are quite different. Yeah, there are always a risk in trading, but you're not fully depending on a random chance. In gambling, there is nothing besides chances. And they are not in your favor because the casino always wins in the end.

If you think trading and gambling have no common qualities then you don’t know a thing. Your logic is way flawed. According to you, a gambler that played dice and made $80 may also say playing dice isn’t gambling since he made $80. He made money how could it be gambling? You turned your $100 into $180, that’s a 80% profit which is quite nice however do you think you can keep doing this forever? Do you think watching the markets will always give you a clue to do the right trade? Anyway, come back a year later and inform us about your winnings, it is too early to decide on anything.

I do not buy bitcoin for 2 months of profit. I buy bitcoin for 20 years of profit. And by saying bitcoin drops, it is my subjective opinons. You can use it for your knowledge or not, it is your choice. And honestly, even when I predict bitcoin may drop, I already have a back up plan (alternative scenario) in case bitcoin increase in the next few months

Nevertheless, I still believe bitcoin will drop.

OP, sounds like you are very good at trading, and the way you impart knowledge to people is really weird. When you talk to a new person about investing, he will be a bit confused because he has no idea about it. Moreover, before investing, one should know about the volatility of the market, otherwise it is never possible to make a profit, no matter how much one invests. If the investment is made when the market is volatile then it is possible to profit from it when the market increases. If the investment is made from a stage where the market falls after investing and if the person waits for two months if the market volatility does not leave then how can he make a lot of profit?  So I think the idea you are giving people is completely wrong, personally when a person invests he has to have complete knowledge about the market to make a profit.