You are welcome and congratulations on finding this forum. But we have welcomed many that started like this but got lost in the Crypto-currency ecosystem and either went out the same way or they left out with loss.
You are fresh here and I don’t think you know if Bitcoin is a path to wealth, I can even suggest you finding a skill is a better path to wealth than hoping on Bitcoin and crypto-currency.
The Crypto-currency world is volatile, it can take a while for a bull run to appear and many times if we honest the bad market is predominantly occurring. But this won’t be a problem for long term Bitcoin holders. Find other use of Bitcoin and just like me you would appreciate it better.
Topic: Bitcoins the step to wealth. - page 2. (Read 448 times)
Bitcoin isn’t necessarily the steps to wealth. You shouldn’t be under the illusion that one could get wealthy overnight just cause of bitcoin. Like literally with all things, you could only reap the gains or profit if you put in time and effort. Bitcoin is same. You would need perseverance to be able to hold for the long run and that’s what you should be aiming at.
And you also shouldn’t be looking to bitcoin to get rich. Bitcoin, like all investments are risky and the need to diversify is yet again reiterated.
You are welcomed to the forum and your questions are always welcomed. You should grow a tough skin as not everyone you come across with on here would be civil. You shouldn’t let that stop you from asking whatever you want to and being yourself.
The knowledge the forum gives is open to you. Explore!
And you also shouldn’t be looking to bitcoin to get rich. Bitcoin, like all investments are risky and the need to diversify is yet again reiterated.
You are welcomed to the forum and your questions are always welcomed. You should grow a tough skin as not everyone you come across with on here would be civil. You shouldn’t let that stop you from asking whatever you want to and being yourself.
The knowledge the forum gives is open to you. Explore!
I asked a friend the Steps to wealth and he mentioned bitcoins. I have been in this forum for like three weeks now reading different topics from people, and I have learnt more in these weeks than I have known since. The same news about bitcoin value being low that is discouraging many people from it is the same news that has attracted me here. This is my first topic, it took me a while to gather the courage because I am somehow Timid, I hope that I am welcomed here.
I think bitcoin of course can lead us to be rich someday, but it depends on how we do it.
But remember that in this world there is nothing easy if we want something to work for us.
It takes hard, persistent and disciplined effort and often sharpens our skills and knowledge.
Remember that cryptocurrencies can make us successful but also have high risks too.
Of course this forum is indeed a great step to learn about cryptocurrency, we get knowledge and experience from various perspectives from many people and various sources.
Don't hesitate or be embarrassed to ask questions in this forum when you have trouble, in this forum there is a lot of knowledge and experience that we can get from people from all over the world.
Welcome and enjoy diving into the world of cryptocurrency and hope you will get what you want.
Don't forget to always follow the rules set out in this forum.
I asked a friend the Steps to wealth and he mentioned bitcoins.
Your friend might/mightn't be correct, Bitcoin is a currency that can appreciate quite well in the long term, and for individuals who prolly bought at the right time and hold'd it, they would definitely make great ROI. But Bitcoin isn't actually a step to wealth, to be wealthy requires quite a lot of personal sacrifices and investments, Bitcoin could well be one of such investments, but associating Bitcoin with becoming wealthy is wrong, because sooner rather than later you'd turn into one get rich quick investor and start making mistakes that will lead to doom.I have been in this forum for like three weeks now reading different topics from people, and I have learnt more in these weeks than I have known since.
Bitcointalk is a great platform to garner Bitcoin and cryptocurrency knowledge, and i can assure you that the learning here never stops, and you'd learn more the longer you stay.The same news about bitcoin value being low that is discouraging many people from it is the same news that has attracted me here.
Mind you that you should not only be attracted to Bitcoin because of its price that is very volatile for now; you should do your own research about the network generally and not just its price, thus that way you'd be able to handle price corrections and understand all about the Bitcoin cycle; you'd also be encouraged to use it as a currency and not just to hodl or seek ROI.
Bitcoin is not a money making machine. Bitcoin is simply an asset that due to some factors greatly appreciated in price. It may or may not continue growing at this rate or at all. There is no proven method for predicting Bitcoin's price, all the existing methods are wildly inaccurate.
If you want to get rich, you need to consistently make money and Bitcoin is not consistent. Bitcoin is a good asset to own in your portfolio, but going all in on it is not a good idea. Because in worst case you will lose a lot of money and time.
If you want to get rich, you need to consistently make money and Bitcoin is not consistent. Bitcoin is a good asset to own in your portfolio, but going all in on it is not a good idea. Because in worst case you will lose a lot of money and time.
I asked a friend the Steps to wealth and he mentioned bitcoins. I have been in this forum for like three weeks now reading different topics from people, and I have learnt more in these weeks than I have known since. The same news about bitcoin value being low that is discouraging many people from it is the same news that has attracted me here. This is my first topic, it took me a while to gather the courage because I am somehow Timid, I hope that I am welcomed here.
Good day mate, absolutely you are welcome here in our community. First of all you need to know the forum rules first to avoid mistakes, also here in our community you can gathered a lot of knowledge that you can apply if you will investAnd about the Idea that bitcoin made you reach someday then that is true mate if you are investing bitcoin for long term because bitcoin is one of the trusted coins for investing it will bring you to victory.
I asked a friend the Steps to wealth and he mentioned bitcoins.
Yeah! engaging in bitcoin via trading or investment etc is great but before you do so I advise you get the basic knowledge that would take you out of harm's way. However, i believe you're in the right place to get enough. Welcome and take your time to read through topics.
I asked a friend the Steps to wealth and he mentioned bitcoins.
Yep and maybe nope, hard to explain. Considering that you're a beginner, you should look for more appropriate references, especially bitcoin management so that the "get rich" advice doesn't backfire in the future.Luckily your friend talked bitcoin for the first suggestion and your intense curiosity led you to this place.
Path of bitcoin will not necessarily lead you to wealth, but it will allow you to keep the value of your money. Which, in fact, is one side on the path to wealth, and without this it is impossible. On the other hand, you need the ability to earn. These two components: the ability to earn and keep what you earn just allow you to come to wealth. Where there is wastefulness, no desire and no ability to earn money, there can be no wealth in principle.
It could be a step to wealth if you have plenty of it and you bought it at a very cheap price. Rigt now you could consider one, but are you sure that it has some sort of backdown too. If you have no income from work or business its really hard to rely on bitcoin investment unless you are a philanthropists that have many buying power for that.
Welcome to the forum. Did your friend mention bitcoin or bitcointalk? In any case I think you will be disappointed if you continue to believe that bitcoin is the step to wealth. There isn’t a lot of money to be made here, bounties and signature campaigns are the only way to earn bitcoins unless you have a skill or service you can advertise on services board. The perception that bitcoin is a backdoor to getting rich fast is wrong, and you will only end up falling for scammers.
Everyone who joins this forum will be well received, especially those who want to learn to use bitcoin to invest differently from other types of investment.
We all don't know the first time, but learning to know more will give us more information.
You don't need to be ashamed to learn and can continue to read other information and ask questions about things you don't know.
Crypto is a new way that is not known by everyone out there so you are a lucky person who can know crypto.
We all don't know the first time, but learning to know more will give us more information.
You don't need to be ashamed to learn and can continue to read other information and ask questions about things you don't know.
Crypto is a new way that is not known by everyone out there so you are a lucky person who can know crypto.
The public perception of Bitcoin that it is a way for people to get rich is still very much prevalent. And while it is wrong, the history of Bitcoin's price has proven that it was true. However, what happened in the past won't happen again. That Bitcoin could grow a thousand fold is a thing of the past. It was true before. Sadly, it cannot happen once more.
If there were people who quickly grew rich because of Bitcoin, it wasn't really because of Bitcoin. It was simply because of timing. Today, it is wishful thinking to even expect Bitcoin to grow a hundred fold. So to consider Bitcoin as a get-rich-quick investment is plain nonsense.
If there were people who quickly grew rich because of Bitcoin, it wasn't really because of Bitcoin. It was simply because of timing. Today, it is wishful thinking to even expect Bitcoin to grow a hundred fold. So to consider Bitcoin as a get-rich-quick investment is plain nonsense.
=The road to wealth is mostly cashflow, not necessarily an asset investment that's unproductive. It's heavily recommended to have steady cashflow/s first before buying something like bitcoin as bitcoin can't necessarily pay your bills unless you wait 5+ years.
That's true, unfortunately.
If you have a steady flow of cash from a job or a business, you can always put 10% of it into bitcoin each month and not worry about the price. What's the worst thing that can happen? Bitcoin goes down 20%? You just lose 10% of your 10% which is like nothing. When you're someone with no income investing their savings, a 20% reduction in that can make you lose sleep.
The same news about bitcoin value being low that is discouraging many people from it is the same news that has attracted me here.
That's also what made me interested in 2015 when we were scraping the bottom.
Invest what you're comfortable with. Bitcoin will be higher than it is today, but we won't give you the exact time. It can be next year or in 3 years. Make sure you can survive without the money you put in bitcoin for at least 3 years, without having to borrow money or sell your home to buy food
If everything was as simple as the title of your topic, then we would all have a few Lamborghini here.
A lot of newbies come here with similar ideas. But in telling you about the bitcoin success, I would add a few bitter stories. Stories that cost human lives. Of course, there is no direct influence of bitcoin in them, but there is a relation to it.
Therefore, being here on the forum, free yourself from the illusions of getting rich quickly, and step by step, start to learn more deeply about investing, holding, and time to make your dreams come true in a plus, not a minus.
A lot of newbies come here with similar ideas. But in telling you about the bitcoin success, I would add a few bitter stories. Stories that cost human lives. Of course, there is no direct influence of bitcoin in them, but there is a relation to it.
Therefore, being here on the forum, free yourself from the illusions of getting rich quickly, and step by step, start to learn more deeply about investing, holding, and time to make your dreams come true in a plus, not a minus.
The collection of wealth requires, planning, thinking, reformulating and improving the line in order to get enough cash flow equal to your behaviors, and then you can begin to maximize this flow to become a chandelier.
How to generate this cash flow and how to reduce your letters is the key to wealth, bitcoin may help you to do so, but unless you have a strong financial basis, whatever you have from the baccalaureate you will not become rich.
How to generate this cash flow and how to reduce your letters is the key to wealth, bitcoin may help you to do so, but unless you have a strong financial basis, whatever you have from the baccalaureate you will not become rich.
Yeah bitcoin is a tool to wealth but I don't regard it to be a means to getting immensely rich by huge profits from it although its possible when you got it at a lower price but this takes time and patience something many humans lack.
In my opinion its a tool to wealth because its a store of value. With it your money is save from excessive devaluation like local fiat's, also an hedge against inflation. This are my tools to wealth.
Welcome on board your are definitely at the right forum to learn about bitcoin
In my opinion its a tool to wealth because its a store of value. With it your money is save from excessive devaluation like local fiat's, also an hedge against inflation. This are my tools to wealth.
Welcome on board your are definitely at the right forum to learn about bitcoin
Don't depend on only bitcoin to make yourself some wealth because it has to do with the timing. Yes if you invest while price is low and about driving up well you may be lucky to have some profit depending on how long the bull last. I don't subscribe that people should keep the idea of btc making them wealthy , just have it as an option to your investment or you invest after close to halving and immediately after the halving because it is shorter to expect profit then than locking up your capital for long and expecting profit that you could get if you invested in a fast turn over business even with little profit the fast turn over can lead to good margin profit on long time.
I asked a friend the Steps to wealth and he mentioned bitcoins. I have been in this forum for like three weeks now reading different topics from people, and I have learnt more in these weeks than I have known since. The same news about bitcoin value being low that is discouraging many people from it is the same news that has attracted me here. This is my first topic, it took me a while to gather the courage because I am somehow Timid, I hope that I am welcomed here.
You're always welcome in this forum community and you should know that here is one of the best places you can be with regards to getting most knowledge about Bitcoin as this forum was founded by Satoshi himself who is also the founder of Bitcoin.
You should first take your time to learn the rudiments and basic concept of Bitcoin before finally jumping into investing real money into it and now is also one of the best times to buy Bitcoin and hold as the market is currently bearish.
Always fee free to ask questions whenever you feel the need as people are always ready and willing to provide the necessary answers
If anyone tells you that bitcoin a way to wealth, it means you should invest in bitcoin at the appropriate time so that you can make money from it when bull run start. A time in 2020, bitcoin was $7000, but in 2021, it reached $69000 before falling back to $16000 now. If you have bought it at $7000 in 2020 and sold some at $50000 in 2021, that is not a small amount of profit. You can just do that now too when bitcoin price has already falled and find a good investment means by investing in it.
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