Bitcoin will be the biggest means of fulfilling dreams in the future. - page 4.

SamReomo

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Quote from: development327 on March 23, 2023, 06:31:30 PM

So if you want to fulfill your dreams in life then invest in Bitcoin then you will be able to fulfill your dreams very soon.

I'm sorry to disappoint you but Bitcoin can't fulfill someone dreams because if their dreams are too big. Some people who earn around $100 per month won't get any help if they invest in Bitcoin because those people hardly fulfill their basic needs and if they suppress their needs and invest in Bitcoin then still they will have to wait so many years to get their simplest dreams to be fulfilled due to that investment. Bitcoin can be a good investment but if someone thinks that he/she can become a millionaire by investing $10 per month on it then that dream will take so many years to become a reality.

348Judah

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Quote from: development327 on March 23, 2023, 06:31:30 PM

Bitcoin will be the biggest means of fulfilling dreams in the future.

Do we really need to wait for any more future when it has already begin with what we have today and the more expectations it present for us subsequently with time, there's no time to waste when it comes to bitcoin, we have nothing much to keep on waiting than making every effective use of this present opportunity to invest in bitcoin, hold and have the future secured, which means we adequately start the future already with what we make decisions on wether to invest now or wait further more, our today determines the outcome of what we see tomorrow.

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Bitcoin investing will fulfill your dream because you have to be an experienced and knowledgeable player then you will be patient, and you will invest for long time and if you are a newbie So no matter what we tell you you will consider the negatives you will ask a lot of questions before investing, so my question is you first experience this world then invest why do you all will be fulfilled.If you keep money at a home it never grows it may save but if you keep it in Bitcoin it may increase in a price but at the end of the day those who invest will profit.So prepare yourself and take maximum preparation and consider the risk aspect then you will be positive invested here they will surely fulfill your dream.

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There is a lot of logic in your words because the future of many people may have become very bright through bitcoin but those who went to profit from this without knowing about bitcoin without knowing about crypto they faced more loss and now became like fakir so bitcoin makes you rich as much It can also make you poorer, so everyone should think twice before investing in crypto.

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Quote from: Stella Mese on September 14, 2023, 09:49:42 PM

In my opinion, if our have remaining monthly salary, don't put it all into Bitcoin because I think saving fiat money is also necessary, even though fiat money is always consumed by inflation, I think investing in BTC can be done. makes someone's dream come true, but it can also make someone's dream disappear, because BTC has a fluctuating nature and also in my opinion investing in BTC is something that is risky and only money that is ready to be lost is worth putting in BTC.

Just put in an amount of money that you can afford and leave the remaining monthly salary as a reserve fund if at any time you need money. If someone has a salary, they should list routine expenses they have to spend every month, then see how much money they can still use.

If he still has 30% of his total salary remaining, he can use 10% to invest in Bitcoin every month. While he still saves 20% for other things. What matters is that he can invest in Bitcoin with the money he can afford.

And by investing in Bitcoin, he can achieve his dreams in the future by selling his Bitcoin for a profit.

Cryptomultiplier

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Bitcoin is a means, not just the only means to fulfilment of ones dreams or aspirations. I can say for sure that if one intends to open up a business in some years time and needs a better way or place with value to save for the actualization of the future dream, then BTC is a good idea which has a good value and potential in the long run.
No one would be able to access the wallet if it is kept safe until you are ready to withdraw or liquidate the BTC asset.

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I think our dreams will come true if we have extensive knowledge, and continue to try without stopping and always work hard. because in my opinion, even if we invest in BTC, but without having knowledge about BTC investment, it is not profits that we can get but potential losses that we will get, so our dreams will disappear, if knowledge is not prioritized. Even though I am a BTC investor, I am sure that BTC only provides opportunities for profit in the future and of course it is not a certain thing because we will not know the price of BTC in the future.

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I like spitting facts only when we are talking about Bitcoin, you are not going to make life changing money from Bitcoin very soon, it's a long term investment even if you want to make some good money from holding Bitcoin.

Sorry to say, but gone are the days where you can become a millionaire if you invest very small amount of money into Bitcoin, like 200$ or 500$, today you are out of luck, with such amount today you can only turn them into thousands of dollars if Bitcoin makes a new all time high.

Bitcoin was once risky to invest into than it is today, it was risky and cheap years ago, so today, you need something risky and cheap too, I am not saying you should leave Bitcoin, I am only saying to make life-changing money from Bitcoin is now harder, it will take a lot of investment from your side and also a very long term holding.

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Quote from: Stella Mese on September 14, 2023, 09:49:42 PM

In my opinion, if our have remaining monthly salary, don't put it all into Bitcoin because I think saving fiat money is also necessary, even though fiat money is always consumed by inflation, I think investing in BTC can be done. makes someone's dream come true, but it can also make someone's dream disappear, because BTC has a fluctuating nature and also in my opinion investing in BTC is something that is risky and only money that is ready to be lost is worth putting in BTC.

Of course, no matter how much potential bitcoin has, it will still have risks, the higher the profit, the higher the risk so it would be foolish to bet our entire salary or entire assets on bitcoin. To me, diversification should be done in every situation, and saving is still important and prioritized over investing. Investment cannot save you if you fall into an emergency situation but with savings, it will save you at any time. I always refill my savings before adding more capital to my investments each month.

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Quote from: m2017 on September 03, 2023, 11:46:25 AM

Quote from: Hispo on September 03, 2023, 11:12:33 AM

I do not mean to discourage anyone to invest in Bitcoin or in any other asset they genuinely believe in, but there are other ways to fulfill ones objectives which do not have anything to do with pure market speculation.
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Here can't argue. Probably, it is necessary to invest in this or that financial asset not on the basis of faith, but on the basis of financial analysis, calculations and forecasts.

That would be the ideal case, but it seems to me that this is not the OP, who I think is giving advice on the subject but doesn't have a single satoshi.

Quote from: development327 on March 23, 2023, 06:31:30 PM

In today's society, those who are middle class. They don't have much income. But from the outside, he doesn't let anyone know that he is having a hard time. His income runs out to support his family. If you collect some amount of money in a month, you can't dream too big with it. So if he keeps buying the rest of the bitcoins. Then sometime go and get a good amount of money. And we know that Bitcoin prices fluctuate. And whenever the price of Bitcoin goes up, he will profit. That will help him fulfill his dream.

The average annual per capita income in Bangladesh is $50. If someone with that income uses what is left over after paying the month's expenses to buy bitcoin, they are not going to fulfil any dreams unless they wait three or four cycles without stopping to accumulate.

I say Banbladesh because the OP speaks Bengali. He could also be from India, where the salary is higher but the same argument would apply.

Quote from: development327 on March 23, 2023, 06:31:30 PM

Why invest in Bitcoin without saving money at home?

If you have 1 month's salary left over for your family's needs. Leave it in a corner at home. Then you will not benefit from that money alone. The money you keep will be the money. Day by day the value of your money will decrease. And if you invest in bitcoins you have a hope that you will be patient until your target is reached. Once your target is met, you can sell as many bitcoins as you want. Or when you need it, you can sell it immediately according to your need.

Because of these things I say that I think he doesn't have a single satoshi, as if a month's salary from Bangladesh or India would buy enough bitcoins that you can later on sell.

Stella Mese

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In my opinion, if our have remaining monthly salary, don't put it all into Bitcoin because I think saving fiat money is also necessary, even though fiat money is always consumed by inflation, I think investing in BTC can be done. makes someone's dream come true, but it can also make someone's dream disappear, because BTC has a fluctuating nature and also in my opinion investing in BTC is something that is risky and only money that is ready to be lost is worth putting in BTC.

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Quote from: Asuspawer09 on September 14, 2023, 09:30:25 PM

I agree that Bitcoin is a good investment and it might probably be the way you could earn and make your dreams fulfilled in the future for sure, But it wasn't really that easy as that.

For sure you have a different mindset because even if investing in cryptocurrency is a good investment it doesn't really mean that you are going to earn from it, Always remember that cryptocurrency is still a risky investment, its difficult to say that you going to HODL and you're not going to lose money just because your going to sell your investment at the right timing, especially if you don't really have other sources of income, and doesn't have some kind of savings and emergency funds something like that if you needed the money your just gonna sell your cryptocurrency in a wrong timing.

I learned a lot on my cryptocurrency and investment journey that it wasn't really that easy just buy and HODL, to achieve financial freedom you need to have the right mindset, it doesn't matter if you have a lot of money, if you give someone a 100k$ they might just spend it on one day but if you have the right mindset you're going to invest that money and earn from it.

There is no easy path to success, every success comes at a price. There are many ways to be successful in life but it cannot be denied that investing in bitcoin makes our opportunities more open and we can also shorten our time. Although the risks of bitcoin are greater than other vehicles, assets, and paths to success, but the greater the risk, the greater the success. I think it's worth the trade-off. Furthermore, bitcoin brings opportunities to everyone, including people with difficult economic conditions who cannot invest in gold or real estate, but with bitcoin they always have the same opportunity as anyone else. That's what I like most about bitcoin, the opportunity is divided equally for those who know how to grasp it.

Asuspawer09

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I agree that Bitcoin is a good investment and it might probably be the way you could earn and make your dreams fulfilled in the future for sure, But it wasn't really that easy as that.

For sure you have a different mindset because even if investing in cryptocurrency is a good investment it doesn't really mean that you are going to earn from it, Always remember that cryptocurrency is still a risky investment, its difficult to say that you going to HODL and you're not going to lose money just because your going to sell your investment at the right timing, especially if you don't really have other sources of income, and doesn't have some kind of savings and emergency funds something like that if you needed the money your just gonna sell your cryptocurrency in a wrong timing.

I learned a lot on my cryptocurrency and investment journey that it wasn't really that easy just buy and HODL, to achieve financial freedom you need to have the right mindset, it doesn't matter if you have a lot of money, if you give someone a 100k$ they might just spend it on one day but if you have the right mindset you're going to invest that money and earn from it.

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Quote from: Blitzboy on September 03, 2023, 11:24:26 AM

The dream is to put money into education, passion, and self. I agree. Bitcoin is not some sort of magic. Your life wont change over night (or even years). As you can see, Bitcoin and blockchain are about more than richness. The world is change. A period marked by open commerce and a return of people to financial independence.

So, while I agree with your thesis about non-speculative wealth creation, I also want to caution people who dislike bitcoin Bitcoin. Understanding a disruptive technology that may end up becoming a key role in our future financial environment is more important than merely HODLing.

Bitcoin is a life-changing cryptocurrency. But that doesn't mean you will get rich quick with it. As with other kinds of money (Fiat, precious metals, etc), you'll need to make a sacrifice to help fulfill your dreams. It's a process that could take years to accomplish.

Most people only get into Bitcoin because they want to make money. Not because they believe in it. It's a pity because this moves Bitcoin away from its intended purpose. The centralization of the market tells us exactly this. No one can predict the future, so we can only hope for the best. Just my opinion

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Bitcoin was the important cryptocurrency in the market,most of the experienced people will hold their money in bitcoin.If the trader wants to inverse of 10k dollars,he will keep 4-5k worth of dollars in the bitcoin.Because bitcoin play the major role in the cryptocurrency market.The traders will inverse the balance 5-6k worth of coin in the trusted altcoin like Ethereum.If you want to hold bitcoin for the longer period,you need to secure the wallet using some security features like 2factor Authentication.Then you wallet will not be easily hacked by the hacker.

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Quote from: Hispo on September 03, 2023, 11:12:33 AM

I do not mean to discourage anyone to invest in Bitcoin or in any other asset they genuinely believe in, but there are other ways to fulfill ones objectives which do not have anything to do with pure market speculation.

Bitcoin and blockchain technology itself is not a magic fairy which will make your dreams and desires to come true only by believing in them, they are tools which are supposed to help us to manage our money in a independent and decentralized way, but wealth is supposed to be generated in other ways, through production, personal production.

My advice for anyone who wished to achieve their dreams would be for them to study and get education if they have the chance to, education and become a professional in a field which they are truly passionate for, from there it is a matter of money and investment management, to start to produce wealth through one's means, if necessary move to places which are favorable to one's plans.

Here can't argue. Probably, it is necessary to invest in this or that financial asset not on the basis of faith, but on the basis of financial analysis, calculations and forecasts. Although, undoubtedly, one can't do without a certain amount of faith in the asset.

Often beginners put a lot of trust in bitcoin and see it as a magic blue pill as the solution to all their financial problems, even though bitcoin only offers opportunities. To be honest, it's a lot. You are right in saying that wealth should be generated by production (or services), but speculation is also one of the options, which I think is overpriced (nothing useful is created) and it would be better for humanity to focus on production.

I support your advice and believe that it is not necessary to bet only on bitcoin, while not thinking about studies and education at all (I'm talking about real, not formal). Only personal and professional growth will make all dreams come true, and bitcoin acts as a bonus opportunity to simplify this a little.

OP is overly enthusiastic about the bitcoin and overestimates the possibilities as a financial instrument (magic stick). He needs to evaluate with a pure and emotion-free mind, relying only on himself and his work (and not on BTC) in the realization of a dream.

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Quote from: Blitzboy on September 03, 2023, 11:24:26 AM

Quote from: Hispo on September 03, 2023, 11:12:33 AM

I do not mean to discourage anyone to invest in Bitcoin or in any other asset they genuinely believe in, but there are other ways to fulfill ones objectives which do not have anything to do with pure market speculation.

Bitcoin and blockchain technology itself is not a magic fairy which will make your dreams and desires to come true only by believing in them, they are tools which are supposed to help us to manage our money in a independent and decentralized way, but wealth is supposed to be generated in other ways, through production, personal production.

My advice for anyone who wished to achieve their dreams would be for them to study and get education if they have the chance to, education and become a professional in a field which they are truly passionate for, from there it is a matter of money and investment management, to start to produce wealth through one's means, if necessary move to places which are favorable to one's plans.

The dream is to put money into education, passion, and self. I agree. Bitcoin is not some sort of magic. Your life wont change over night (or even years). As you can see, Bitcoin and blockchain are about more than richness. The world is change. A period marked by open commerce and a return of people to financial independence.

So, while I agree with your thesis about non-speculative wealth creation, I also want to caution people who dislike bitcoin Bitcoin. Understanding a disruptive technology that may end up becoming a key role in our future financial environment is more important than merely HODLing.

I was trying to say that rather let newbies to fool themselves due to their inexperience, they should be taught that Bitcoin is about transmission of wealth, rather than generation of it by its own. If one can get education and invest on oneself while being able to hold some Bitcoin, then that is great. However, if someone is in a position where they have to choose between University and their satoshi stacks, then consider carefully what they can do and what the best option is.

Speculation cannot guarantee a successful path towards happiness, it has happened to some but it is not a risk-free path. The education/ work path is harder to go through but it get us closer to what we want in the long term. We are supposed to diversify.

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Quote from: Hispo on September 03, 2023, 11:12:33 AM

I do not mean to discourage anyone to invest in Bitcoin or in any other asset they genuinely believe in, but there are other ways to fulfill ones objectives which do not have anything to do with pure market speculation.

Bitcoin and blockchain technology itself is not a magic fairy which will make your dreams and desires to come true only by believing in them, they are tools which are supposed to help us to manage our money in a independent and decentralized way, but wealth is supposed to be generated in other ways, through production, personal production.

My advice for anyone who wished to achieve their dreams would be for them to study and get education if they have the chance to, education and become a professional in a field which they are truly passionate for, from there it is a matter of money and investment management, to start to produce wealth through one's means, if necessary move to places which are favorable to one's plans.

The dream is to put money into education, passion, and self. I agree. Bitcoin is not some sort of magic. Your life wont change over night (or even years). As you can see, Bitcoin and blockchain are about more than richness. The world is change. A period marked by open commerce and a return of people to financial independence.

So, while I agree with your thesis about non-speculative wealth creation, I also want to caution people who dislike bitcoin Bitcoin. Understanding a disruptive technology that may end up becoming a key role in our future financial environment is more important than merely HODLing.

Hispo

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I do not mean to discourage anyone to invest in Bitcoin or in any other asset they genuinely believe in, but there are other ways to fulfill ones objectives which do not have anything to do with pure market speculation.

Bitcoin and blockchain technology itself is not a magic fairy which will make your dreams and desires to come true only by believing in them, they are tools which are supposed to help us to manage our money in a independent and decentralized way, but wealth is supposed to be generated in other ways, through production, personal production.

My advice for anyone who wished to achieve their dreams would be for them to study and get education if they have the chance to, education and become a professional in a field which they are truly passionate for, from there it is a matter of money and investment management, to start to produce wealth through one's means, if necessary move to places which are favorable to one's plans.

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What is the basis of an idea that Bitcoin will continue to grow exponentially in the future? Because of fixed supply? That's still not enough to justify doubling the price every few years. Even global GDP is not growing that fast. And on its own Bitcoin is not producing any wealth, like stocks, bonds and real estate.

The opportunity of going from poor to rich with Bitcoin is already gone. The last bull market increased the price only by 250%. That's not enough to get rich, you'd need to go x100 or x1000 to achieve that.

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