Topic: can Bitcoin provide food for our table - page 9. (Read 1107 times)

Depending on how you think about Bitcoin, when you think Bitcoin can bring profit after investing in it, then Bitcoin can give you profit as long as you understand how to invest properly. Your expression goes too far when you say Bitcoin can put food on your table, how much capital do you have to invest in Bitcoin?
Imagining life like a king when you open your eyes, you have food on the table, you need a lot of capital, you can get a luxurious life as long as you are able to become a reliable investor who understands technical and fundamental analysis.

As a newcomer to the world of Bitcoin investment, don't overly imagine something that is difficult to achieve, you need to go slowly while increasing your knowledge of how to make money from Bitcoin. When you are equipped with qualified investment knowledge, you will achieve success as expected.

Thanks for sharing this.
This is a prime example of "Don't overcomplicate things."

Bitcoin itself can't provide it for you like literally because it's just a currency or an asset whatever you want to call to it.
Bitcoin is a tool where we can buy things such as food, other necessities etc.

Well, Bitcoin can really provide food to the people, and I believe many people are doing it already for a long time. Freelancers, those people who are working who wants to be paid thru Bitcoin. These are the most common examples of "Food being provided with the help of Bitcoin." and many more will be in the future for sure. I guess that 10,000 Bitcoin for 2 pizza event was a good example for your question OP. What's good is that you are doing your research with regards to Bitcoin. There are some newbies out there who aren't researching at all, and they are just asking on how to make money with crypto to other people. Anyway, Bitcoin can provide not only food, but anything as it serves as a tool for us to buy something.

Good Luck OP.

the answers are of course various, one of which is that bitcoin can provide food on the table if we sell our btc and make it fiat currency and of course it would be even better if we buy it to buy food or drinks from the profits. we get from investing in btc.

but maybe in other countries that allow btc to be used as  valid means of payment , of course can buy food using btc, for example, people buy pizza using btc.

but in every country the rules are different, some allow btc to be used as a  valid means of payment and some don't.

Not food alone,whatever you can use fiat for is what you can use bitcoin for when you have exchange it. You can travel to the Caribbean Island,buy a Lamborghini or a yatch and buy a golden wrist watch with your bitcoin as long as you exchange it. Trading is a daily thing and if you are a professional trader,you will make profit from it but if you are not trading can steal the food from your table. If
r hodling your bitcoin for long,will surely give you good profit based on how much is in your bitcoin portfolio.

First, you need to eat every day. If your goal is bitcoin investing, you won't be waiting that long for food on the table every day, and neither will trading. The point is, simply taking advantage of volatility will never ensure you meet your daily needs.

The tip is that you get a job for bitcoin income every day/week/month. This makes more sense.

From my personal experience, bitcoin has been able and succeeded in providing food on my dinner table. It's not even just about food, but includes other things. So if your question leads to the truth, can investing in bitcoin really be profitable and earn money, I can answer "yes". You don't need to be afraid or doubtful, if you are really 100% interested in bitcoin. The most important thing at this time, first study the sciences related to bitcoin, so that you are not mistaken and don't end up being deceived or experiencing losses. Because even though bitcoin is labeled as the first and best cryptocurrency among other cryptocurrencies. But investing or trading in bitcoin, while knowledge and knowledge are not yet qualified, usually the results will be less than optimal and tend to be caught in the trap of fraudsters.

So the point is for now, you first learn all the knowledge about bitcoin, how to trade it, and its analysis techniques, price cycles, and all the systems that work. So, even though there is a lot to learn, for the initial stages if you want to invest in bitcoin, you must be willing to learn all of that.

Every bitcoin investor has a different point of view on this. Because some say, investing/trading in bitcoin is good as a side income, but there are also those who argue that if you invest/trade in bitcoin, if you make it your main income, the results will be good and profitable (as you think).

So to conclude, it all depends on the busyness of the investors themselves. Because if a bitcoin investor has a business in another field, he must make bitcoin as a sideline. But if a bitcoin investor who has spare time, he can make bitcoin his main income, by trading daily (short time / medium time). So in conclusion, there is nothing wrong with these two opinions. But it all depends on the investors.

Yes Bitcoin could put food on the table but it depends on our own skills on how much we could make.
There are some who are successful crypto earners and that doesn't mean that everyone could make it like them.
Earning requires skills and knowledge and it isn't just in crypto but in everything as well (Business and working).

When you use Bitcoin to buy food for the table or any commodity and daily life necessities, Bitcoin will act as your means to do so easily. While we can secure our food system by trading in Bitcoin, we can also support and secure our daily life from Bitcoin. It is true that when we invest and trade in Bitcoin we have a customer perspective to profit from. We use the profit we get from trading and investing in bitcoins for various necessities including food around us or on our table. So Bitcoin is an important part of our life where we depend on Bitcoin. But Bitcoin should not be depended on because there is a lot of risk when market volatility starts then our essentials will not depend on Bitcoin. So it is not right to depend only on Bitcoin for our livelihood, we should definitely save the money we get by investing in Bitcoin. And if we invest Bitcoin and hold it for a long time then we can earn good profit from it. Since we will not get much profit by short term investment but good profit by long term investment, it will be possible to keep trading bitcoins to ensure food on our table.

You already have your own research so best to deal with it , literally bitcoin is now what can bring food to your table but at least you can use to exchange to buy food and drinks.

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Sorry but it seems that you are not gaining the merit you wanted to earn from this post but at least we have responded 


and also , we need to work with it , for us to have food m and let us not give bitcoin that obligation .

investing in bitcoin is of course very risky because it has a fluctuating nature, but that is unique about bitcoin because it has a fluctuating nature so that many people are interested in investing in btc because of that. but in investing in btc, of course, technical and fundamental strategies and analysis are needed. and lots of people invest in btc for short term and long term. so in my opinion, investing in btc can provide food on the table for us, that is, after we have succeeded in selling btc and making a profit, we can buy food and so on from the results of investing in btc. so in this case the knowledge needed if our don't have knowledge of course investing in BTC has the potential to get a loss.

This is like asking if the US dollar can provide food on your table. It can’t you basically need to go to the store and sell your US dollar and in exchange you get some food. Bitcoin is similar however it’s more volatile and most stores do not accept it so you need to use an exchange or Bitcoin ATM to sell your Bitcoin for fiat and then use that fiat to buy whatever you want.

It won’t give you passive income. You aren’t guaranteed 5% a year like some Us bonds. It’s similar to stocks pretty much. There are no guarantees.

if you want to gain profit from bitcoin trading then you will need a lot of capital. as the growing number of bitcoin adoption the volatility of bitcoin is little bit decrease which means the probability to gain bigger profit also decrease. but bitcoin is the safest cryptocurrency in this world and hold it for long time will be good choice. if you want bigger profit then there are some altcoin which has bigger risk but very volatile, but you should choose good altcoin only. FTM maybe the good choice that I can tell you, it is cheap and you can use it for day trading, but if you tend to lose in trading then better hold it for 1 month approximately until october 2023. I made a simple analysis about this coin, I think it maybe reach the lowest price which is roughly 0.18 usd and most probably it can reach 0.33 usd in bullish of it. it is just my analysis, it will not give you guarantee. so only do with your own risk.

When you trade Bitcoin and make a profit at that point in time Bitcoin have proved food in your table, what are the reasons while people is investing in bitcoin, its as result of making profit, so at that moment of benefiting or propagating in bitcoin you are feeling joyous, so while I stated initially that bitcoin can put food at your in two ways is because you most exchange bitcoin before getting anything you want, so exchanging bitcoin and use the money for food ultimately bitcoin have provide food on your table, theirs no two ways to emphasis on these, because its a reality,  many people have used bitcoin to obtain houses and cars and other properties, has bitcoin not uplift them? So when you are opportune to make it through bitcoin that simply means that bitcoin make a provision of food in your table.

Bitcoin is just a cryptocurrency like many others. As such, it doe'snt inherently provide you with anything if you're not minning it, investing in it or doing jobs and getting payed in Bitcoin.

When you convert Bitcoin into another form, such as purchasing necessities like food, housing, or even a simple drink, it essentially serves as a means of providing those essentials for you, that's how Bitcoin works.

I believe that through trading, we can ensure a steady provision of food on our tables and as we grasp the intricacies of the rules and regulations surrounding Bitcoin, there's a possibility that my concept could contribute to securing sustenance through Bitcoin.  It can't be certain of the outcome, but I'm genuinely convinced that by adopting my perspective on Bitcoin investment and trading, we have the potential to support ourselves.  Because it's very important Bitcoin shouldn't be our sole reliance, rather, it should serve as a supplementary income stream. With a dedicated approach to Bitcoin investment and trading, there's a pathway to achieving success."

after going through my research about Bitcoin, I can confidently say that, Bitcoin can provide food on our table. when you exchange Bitcoin to buy a particular thing, like food, house, or a drink. it means that, Bitcoin has provided it for you.

Laszlo bought 2 pizza over 10,000 bitcoin way back 13 years ago.
So yes, it can provide food if you buy using it, you don't need to think critically over it.

From my perspective bitcoin bitcoin can only make provision of any thing you wish when it's acceptable for exchange of what you want with bitcoin, really it's a decentralized currency and it happened to be independent, but not every nation accept bitcoin for exchange of goods and services, so therefore bitcoin can only provide food or any materials to you when it have been exchange to fiat currency or you swap bitcoin directly whosoever you are having transaction with . Actually your vision is not blurred but you have to understand the basic principles of bitcoin before you make a post.

Bitcoin is Bitcoin and it provides Bitcoin blockchain, its bitcoin and borderless Bitcoin on-chain transactions for everyone who use it.

That's all it provides. It does not provide food, water, whatsoever. You must exchange Bitcoin to those things or exchange it to cash then use cash to buy those things.

• Getting started with Bitcoin
• Economics of Bitcoin: is Bitcoin an alternative to fiat currencies and gold?
• The bullish case for Bitcoin

At first I want to use this medium to introduce myself, I'm a Smartgoat and I have being studying the futuristic of Bitcoin and finally I have developed a hundred percent love to Bitcoin.

I have be wondering why people are queuing up in Bitcoin, then I began to ask if Bitcoin can make provision of food in our table. Because many people I know testify of Bitcoin and after I made my research concerning Bitcoin, I found out why people are comfortably investing in Bitcoin, is because it's a decentralized currency. then I have to come with the idea that Bitcoin can make availability of food in our table when we learn and understand the basic things of Bitcoin especially understand trading and long term investment of Bitcoin.
I think with trading they will be a provision of food in our table, when we understand the rules and regulations of Bitcoin, I don't know if this my concept can make a provision of food through Bitcoin. But I'm well convinced that with this my views over Bitcoin investment and trading it will provide or sustain human, if profit are been made. I know that Bitcoin should not be dependent on, and we suppose to make Bitcoin our side hustle but with seriousness on Bitcoin investment and trading, we can achieve a success.