Topic: Bitcoin will be the biggest means of fulfilling dreams in the future. - page 3. (Read 862 times)

Fiat money is regulated and controlled by banks and governments. This is why you might wake up one morning and find that the purchasing power of money is no longer what it used to be. This is also true for Bitcoin but if the price of an asset with a limited supply falls, it doesn't mean that its price will be low in the future, on the contrary, Bitcoin with a limited supply is sure to protect us against inflation in the future. If your goal is short term (6 months or 1 year) wealth, you should stay away from the crypto market. There will always be price fluctuations and when Bitcoin hits $100k, it may drop to $80k. But as the years go by, it will be a more inflation proof asset due to limited supply. I have always preferred to stay away from fiat money. Even before i met Bitcoin.

But it is clear that bitcoin is the only and best means for poor or middle class people to have the opportunity to realize their dreams.  because owning bitcoin is simpler than any other asset, they can invest with any minimum capital whether it is $10 or $100.  which they will never be able to do with gold or real estate, so I think bitcoin will be the biggest, best vehicle for all of us, even the poorest.  although investing will face many difficulties as you mentioned.

For many people, not being able to spend is the real reason they dont want to. Yes, its not just about wanting; its also about being able to. People who live from paycheck to paycheck and have to stretch every dollar have a real problem. When you invest, you need to have extra money, which not everyone has.

Not noticing that every investment has risks is something we do a lot of the time. If you dont have much money, you might not be able to lose any, no matter how good the results look. They can see the possibility; they just cant risk whats most important to them. Bitcoin can help some people reach their dreams, but for others, they need to first reach their most basic goals.

In general I agree with the opinion expressed by the OP. Because basically, even the middle class can invest in Bitcoin. However, perhaps what needs to be underlined is that it is people with a middle to upper economic level who are most likely to be able to invest in bitcoin. Because as far as I know, people with a lower middle economic level will definitely have difficulty setting aside money to invest in Bitcoin. Because as we know, people who have a middle to lower economic level have incomes that are not very large and may only have enough income to support their families.

In fact, in some situations, many people with middle to lower economic conditions do not have the slightest savings. So it can be said that investing in Bitcoin for people with middle to lower economic conditions is something that is definitely difficult to do. Because even if you force it, the results will definitely not be good. Like the term hot money, don't use it to invest in bitcoin. So regarding Bitcoin being able to make dreams come true in the future, this is not wrong. However, perhaps this scale cannot be used by some people with certain economic strata (lower middle class, poor).

Bitcoin will be the biggest means of fulfilling dreams in the future but not for every class, poor people won't be able to afford what mid-range investors can afford today, and the price would be more than it is right now, this is why other alts will always be an option in crypto space.

I know that opportunities will always be present with Bitcoin because of future bear market, but the lowest price of past bear markets are never tasted again, it was 3,600$ range in the 2018 bear market that lasted till 2020, and now the lowest we've seen so far is 15,000$, I know that the bear market isn't over right now but I am not expecting anything lower than 15k ever again, so the lows in the future could be 30,000$ range or more, which will be more difficult for new investors to buy.

Since ROI is what the majority focus on, many investors will prefer to look for something else, so that they will make more returns on their investments, I believe this was what created the ideas of new Bitcoin, or the next Ethereum, and so on.

If you can save more than 2 bitcoins, it is possible to say that you will get your dream house and land, including the car and small business, or even just one bitcoin. But without a bitcoin or at least 0.5 bitcoin, I can't say that you can achieve the dream you want.

Because if you are worried about getting the amount I mentioned, which is the amount of Bitcoin, it is better to invest in cryptocurrency so that you can reach your dream in life anyway, as long as you prioritize the top altcoins in the market, such as Matic Bnb, Ethereum, Arb, Shib, or others that you think have high chances that the value can also rise along with the rise of Bitcoin.

The amount a person invests should be such that he or she is not upset if he or she loses that investment. There are risks in every investment and we need to be alert to the possibility of these risks materializing. So if the price of an investment drops and it will affect you negatively, you should reevaluate your investment amount.

Many people hold fiat money all the time because that's how they make money, that's how they get their salary. I don't think there are people who invest all their earnings directly in Bitcoin.

It's not gambling, so you shouldn't say that one should only invest the money that they are ready to lose, but it is that one should invest the money that they can spare for quite some time because the market is extremely volatile and there are cycles where the price goes up and goes down and it might take years for it to complete a full cycle and for you to get your investment back into the original state and also to get some profits on top if it was gone down immediately after you made an investment.

But, it is obviously true that one shouldn't invest everything they earn into Bitcoin and there should also be some savings in fiat because emergencies don't knock before they enter your life, and if you have your Bitcoin in negative when an emergency occurs, it's the fiat savings that can actually be useful.

Indeed, Bitcoin might helped you to be financially free and gain profit to achieve your dreams but if you're gonna put money as investment you'd have to exert effort in gaining knowledge, skills, times and experience. Some literally took years before reaching big profits cause they experienced the losses first. Everything has a progress and starting from nothing so if you're finding an easy way for your success, some would be illegal, some would be luck or born wealthy. Don't rush things cause for sureyour efforts would pay off at the very end.

All people have future plans and goals to grow up, and it takes a lot of hard work to achieve these goals. When we are young, education from our family is only for our good so that we can fully fulfill our dreams in future. But it is seen that most of the people in the society are middle class and they have to work hard to fulfill their dreams and finally very few people can fulfill their dreams when they grow up. But people who are running to fulfill their dreams should definitely invest some amount of their money in Bitcoin in this digital age. By investing in Bitcoin we have seen many people become big people and fulfill their dreams. By investing in bitcoins they will get double the profit and profit once the market goes high from which they will get their good money. Accordingly, if we want to fulfill our goals, we must invest in Bitcoin and fulfill all our small and big dreams from there.

Bitcoin for sure can help a lot fulfilling your dreams but it's not an easy path because it means that you need to take a big risk, wait for several years, maybe even losing money compared to your initial investment, avoid the temptation so sell while losing money, and then, at the very end, hopefully the price will go up as usual. At the end unless you win the lottery (or you come from a wealthy family) there are no shortcuts in life.

When thinking about investing in Bitcoin, I usually tell people to make sure they understand everything they need to know so they won't regret it later. If you have a financial goal, it doesn't mean you should sacrifice your basic needs or your family's needs to achieve it. Bitcoin's price can go up and down a lot because it's unpredictable, so you need to be careful when investing. Also, keep in mind that Bitcoin might not make all your dreams come true, so be aware that the profit you make depends on what you invest. Don't expect to get rich from a small investment.

Not so fast brother. You are going too fast. Investing in Bitcoin will not guarantee that you will make profit from it. Bitcoin investment carries high risks. And there are both profits and losses. You can not just advice someone to invest in Bitcoin to fulfill their dreams. Yeah, we have seen many people achieving their dreams through Bitcoin investment, but they know how it works and how they can make profits out of it. They also face loss. But they are well experienced in this field and they know how to minimize their risks and make profit in the future.

When your dream is at stake, the possibilities are narrow. You will get stuck and one wrong move could make the whole thing go south. If you have a dream, then work to achieve it. Don't stake it on something risky. If you really want to achieve your dream through Bitcoin investment, then learn about it. Trials and errors make a thing perfect. Master it before you put your dream in it.

Any kind of investment is the key of fulfilling your dreams. Not only bitcoin. As long as you are investing smart, then yes you will be able to achieve everything. But you can't say for sure if bitcoin is going to be the "biggest" mean of fulfilling your dreams in the future. What do you know is going to happen to bitcoin in next few years or after a decade? What if something more better gets invented? What if our technology advances so much that bitcoin isn't as secure as it used to be? And you saying "soon" sounds more like you are promoting that people can get rich over night. Not going to happen.

If you have a dream, keep chasing it until you succeed in getting it because it is worth doing.
And if you dream of having an investment that will provide huge profits in the future, you can be happy because bitcoin gives you that opportunity.
But you really have to be a strong holder of Bitcoin because once you decide to become a Bitcoin holder, you will see Bitcoin's journey through rising and falling prices.
You have to be ready with that so you can hold your bitcoin tightly and make your dreams come true.
It will never be easy because many people have tried it, but many have failed because they cannot be strong in their bitcoins.
And while we still have the opportunity, we can start investing in bitcoin to get benefits in the future.

I fully agree that we should chase our dreams but there needs to be proper account management to perceive our dreams. Many peeps think that having a good salary can be a good thing and having plenty amount in savings can be a good thing to chase those dreams. I disagree with that because having savings won't last for a very long period of time. BUT, you need to save for any sort of emergencies that may arise in the future. I think what you stated in the OP that having money in the corner of the house for the family shouldn't be it is not true. There has to be a portion saved so that we can tackle any unwanted things in the future.

Now, to save, doesn't mean you have to save everything that comes your way. Better do accounting have a fixed % to be shared int he savings account and checking account. This way one can be very clear about what they are left with for investing, in our case Bitcoin.

If we know that figure one can easily tally when and how we can achieve our dreams.

What can go wrong if you go all in Bitcoin?

- In the future, the most powerful countries in the world will make a decision that trading with BTC is illegal, they will close all CEXs and the price will drop drastically.

- In x years from your investment, thieves will break into your house and steal your backup, or force you to send them all your BTC in a transaction.

- In x years from your investment, you will try to sell your BTC and only then realize that something is wrong with the backup, and you will no longer have access to the original wallet.

- In x years from your investment, some natural disaster will happen and your backup will disappear.

It is true that it is easiest to buy Bitcoin, but all the risks arising from such an investment should be taken into account. I wonder if people like you will ever understand what Bitcoin is all about...

Bitcoin is a business of patients and someone to give courage and guide to invest, while holding for a long term investment for fulfilling of dreams in the future. Come to talk about the country accepting Bitcoin, is a just a matter of time Bitcoin Will be accepted officially, here in Nigeria government has not approved Bitcoin transaction through Bank payment directly, but Bitcoin business is going on through peer to peer payment.

Nigeria just happens to have one of the most confiscated means of doing things, they are not just straight with what they want, if you happen to ask lot of people in the governing body you will realize that most of them will give you a different opinion over what the crypto currency situation of the country is, especially on the aspect of bitcoin getting banned or it not being banned.

someone explained to be months ago that Nigeria government did not ban bitcoin but they just asked Nigeria banks to disentangle them self from any thing relating to bitcoin transaction, what different does this have with crypto ban, but on the other hand their are also big firms which are publicly dealing with bitcoin and other crypto related assets which also happens to make things much more complicated, but if I’m to judge from my own knowledge I will say that Nigeria appears to be a crypto friendly nation, with a government that don’t know the spot that they stand which makes everything to appear confusion even to interpreters of law.


It’s obvious that you did not read through the thread and even if you did you did not understand what the thread is all about, this might be a little off topic just as your comment appears to be, but it will be very helpful and interesting in your growth process if you can pay much of an attention to what a thread is really all about before your through in your opinion.

That's the core thing! Dream of becoming rich makes people buy cryptocurrency, since it already made many people millionaires (and some even became billionaires). But the more popular a thing becomes - the less chances that it will bring wealth someday. That's the market feature we've been observing for centuries. So, I think, most probably, there won't be a giant price rise in cryptomarket (unless there is dollar inflation, but in this case it wont be a true price rise). But, I think, at this level of adoption there is a good potential to get some profit out of crypto...