does bitcoin help in your economy? - page 3.

jeha2015

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Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

It must be admitted that Bitcoin has become one of the assets that has attracted attention in the last decade and Bitcoin has characteristics that are attractive to many investors today. So it's no wonder that many are helped economically because they know bitcoin and of course improve family finances.

Examples of moments During the pandemic two years ago, many sectors of the economy were affected and many people also experienced financial difficulties. So some people view Bitcoin as an investment vehicle to gain passive profits because of its high volatility. When the global economy is unstable, some investors see Bitcoin as an alternative asset that can be used to make a profit. Of course, I am one of those who took advantage of this during the pandemic to keep my family's finances stable. In the end, I want to say that Bitcoin really helps my economy.

Bobrox

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Of course, Bitcoin help my financial although still not be with financial freedom, I have been online working more than six years and Bitcoin is my earning income every day although some time should holding after purchasing and price drop. Generally, many people their financial is better after investing with bitcoin but don't blame has many people loss their money after investing in bitcoin and with wrong method. Loss and profit in bitcoin like night and day can not be separated, during Bitcoin still exist and profitable I don't have ideas leaving bitcoin for investing.

Left target with reach financial freedom by investing in bitcoin and my hope before halving time in 2024 all my assets growing up from Bitcoin until altcoin.

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Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

In general, many who are financially assisted indirectly also help their families when investing in bitcoin, although personally I have not benefited from bitcoin because I am new to and learning about bitcoin. But the friends in my circle that I met, many of them were successful after getting to know bitcoin, especially knowing this forum. That's why I motivated them to be in this forum.

What is certain is that everyone who invests must experience losses and profits. However, wise people always learn from mistakes which result in why losses can occur so that in the future this kind of thing does not happen again, at least minimizes losses.

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Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

People that are losing in Bitcoin are those that do not know what they are doing mostly when greed is involved. We can make money as a Bitcoin investors or traders if we are patient enough to learn and hold when price is down and has not gotten to the level that we expect to sell. Wisdom is applicable when we are in the market that is why it is important for us to scrutinize the market well before making any decisions. We can decide to sell now and in the next minute the price of the coin we sold shoot to the moon without our awareness.

nesty

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Bitcoin has been a topic of debate when it comes to its impact on the economy. Some argue that it has the potential to revolutionize the financial system, while others believe it is a speculative asset with no real value. Bitcoin can provide benefits to the economy by offering decentralized and secure payment system that is not subject to government control or manipulation. This can provide greater financial freedom and privacy for individuals and businesses. Bitcoin's volatility and lack of regulation can also pose risks to the economy. Its value can fluctuate rapidly, which can lead to financial instability and market manipulation. It's anonymity can make it an attractive tool for illegal activities such as money laundering and terrorism financing.

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Quote from: slapper on June 21, 2023, 06:18:41 AM

Stating Bitcoin as the safest crypto harbor is a claim that needs a thorough check. Sure, Bitcoin wears the crown, but labeling it 'safe' might distort reality. Crypto land is a crazy playground. Bitcoin has soared high but also tumbled low. Portraying it as an all-weather shelter carries risks. Let's not forget, timing isn't the whole story. Laws, tech updates, and market players significantly sway Bitcoin's worth.

My point was that there are many altcoins in the crypto currency market, but among all the altcoins Bitcoin is considered the most secure, and this is also true. Big companies of the world, big capitalists, exchanges and some countries have also invested in Bitcoin. Such a large amount of capital invested in Bitcoin means that people have the highest level of trust in Bitcoin.

Bitcoin has continued to fluctuate ever since Bitcoin has been in the market, it is because of this volatility that we earn profits. Yes those who enter at the right time earn profits and those who enter at the wrong time often lose. No one can have a perfect entry, the market may fall more than we expect. We have to go with the market trend.

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Quote from: petulino on June 20, 2023, 07:49:25 AM

Quote from: puloweh555 on June 18, 2023, 10:49:44 AM

Basically the purpose of investing is to improve economic conditions for the better, including in a country. Bitcoin also provides opportunities for anyone who wants to get involved, but what we need to know and always remember is that investing in bitcoin is not a shortcut to getting rich in an instant. There is a process that needs to be gone through and risks that need to be understood.

Totally agree with you that investment is done to improve your financial condition and Bitcoin investment is the best platform to improve your financial condition. Well, there are many other crypto currencies in the market, but Bitcoin is the only crypto currency that is considered the safest to invest in.

Investing in Bitcoin is not a short-term investment, it is a long-term investment. Investing in Bitcoin can be one of the best and most profitable investments in a bear market. It is very important to know that the timing of your entry is correct, because entering at the wrong time can also expose you to losses.an entry into Bitcoin at the present time can be a very good entry, because the bull season has not started yet and the halving time is approaching.

Stating Bitcoin as the safest crypto harbor is a claim that needs a thorough check. Sure, Bitcoin wears the crown, but labeling it 'safe' might distort reality. Crypto land is a crazy playground. Bitcoin has soared high but also tumbled low. Portraying it as an all-weather shelter carries risks. Let's not forget, timing isn't the whole story. Laws, tech updates, and market players significantly sway Bitcoin's worth.

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Quote from: Dr.Osh on May 19, 2023, 08:02:30 AM

Quote from: reagansimms on May 19, 2023, 07:02:45 AM

Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

Logically, the purpose of trading Bitcoin is to make a profit in order to add to the list of wealth, the profit earned can be used for family needs and the rest is kept as cold funds. Everyone must have the same goal, no one likes to lose. Bitcoin can not only help the family economy, you can buy whatever you like as long as you still get profit.
There is no limit to profit, the more money you invest, the greater the potential for profit. I do not discuss the risk of loss here because your question leads to profits to help the economy from Bitcoin investment results.

Well, basically the purpose of using bitcoin is to increase the finances that we have, so it's obvious that it will increase the economy that we have. In fact, some people have become rich people or a businessman by utilizing Bitcoin. so far, I still use Bitcoin because it really affects my economy and finances. I think a lot of people feel the same way I do here.

The effect really is on the chain, meaning if you earn more money, you spend more on something that those businesses that got your money will process, and they will pay tax, which improves the economy of the country and generates more income. I think the topic is really broad and general; it has indeed helped the economy, but mostly we focused more on ourselves, like it did really help us a lot because we have a side hustle and extra income, and you are right, others build businesses because of the profit of their investing in bitcoin.

petulino

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Quote from: puloweh555 on June 18, 2023, 10:49:44 AM

Basically the purpose of investing is to improve economic conditions for the better, including in a country. Bitcoin also provides opportunities for anyone who wants to get involved, but what we need to know and always remember is that investing in bitcoin is not a shortcut to getting rich in an instant. There is a process that needs to be gone through and risks that need to be understood.

Totally agree with you that investment is done to improve your financial condition and Bitcoin investment is the best platform to improve your financial condition. Well, there are many other crypto currencies in the market, but Bitcoin is the only crypto currency that is considered the safest to invest in.

Investing in Bitcoin is not a short-term investment, it is a long-term investment. Investing in Bitcoin can be one of the best and most profitable investments in a bear market. It is very important to know that the timing of your entry is correct, because entering at the wrong time can also expose you to losses.an entry into Bitcoin at the present time can be a very good entry, because the bull season has not started yet and the halving time is approaching.

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Quote from: Dr.Osh on May 19, 2023, 08:02:30 AM

Quote from: reagansimms on May 19, 2023, 07:02:45 AM

Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

Logically, the purpose of trading Bitcoin is to make a profit in order to add to the list of wealth, the profit earned can be used for family needs and the rest is kept as cold funds. Everyone must have the same goal, no one likes to lose. Bitcoin can not only help the family economy, you can buy whatever you like as long as you still get profit.
There is no limit to profit, the more money you invest, the greater the potential for profit. I do not discuss the risk of loss here because your question leads to profits to help the economy from Bitcoin investment results.

Well, basically the purpose of using bitcoin is to increase the finances that we have, so it's obvious that it will increase the economy that we have. In fact, some people have become rich people or a businessman by utilizing Bitcoin. so far, I still use Bitcoin because it really affects my economy and finances. I think a lot of people feel the same way I do here.

Of course and I'm sure most people use bitcoin to build their finances to be better and also stable in everyday life because bitcoin really helps them overcome financial problems. And the way they get extra income from bitcoin or other crypto in different ways according to their skills and habits to earn.
and I also feel the benefits and extraordinary experiences from this industry, besides being able to help and make my wishes come true, this industry has also given me many extraordinary experiences that I have never encountered before. And this is very extraordinary and a gift from God, because I feel a significant difference before and after being in this industry.

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Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage.

Investing or trading in bitcoin, indeed has very good potential. Moreover, investing in the long term, it is certain that it is likely to be very profitable. But even so, the name of investing or trading, it is certain that you will not escape the name of profit and loss, because that's how cycles and reality are. All of that applies to me too, as a bitcoin investor too. I've experienced many gains and losses, and that doesn't make me despair. Because I am used to trading or investing, it's all because I am also involved in the business world, and what is called loss is something that is normal in the world of investment or trading. So when I decided to invest in bitcoin, I was ready with all the consequences.

Quote

The question is whether when you benefit from bitcoin, you can help your economy and your family?

Even though I sometimes experience losses, the profits I get from bitcoin are enough to help my family's economy. So you could say bitcoin is quite influential on the economic situation of me and my family. Because I also invest in bitcoin not only in the long term, but I also invest in bitcoin in the short term too. And from that short-term investment, I often get a profit, which is quite enough for my life with my family. And for bitcoin assets that I invest in the long term, maybe it will be an advantage for me in the future.

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Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

Of course we have all experienced gains and losses in investing in bitcoin, this is a natural thing considering the price is very volatile. I personally know bitcoin, this really helps my economy and my family, especially now that I know this forum, this is a plus for me to find additional income.

Basically the purpose of investing is to improve economic conditions for the better, including in a country. Bitcoin also provides opportunities for anyone who wants to get involved, but what we need to know and always remember is that investing in bitcoin is not a shortcut to getting rich in an instant. There is a process that needs to be gone through and risks that need to be understood.

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Running people or families with Bitcoin is not as easy as people make it out to be. Because we know some of the ways to make money from Bitcoin are Bitcoin Holding Bitcoin Trading It is not possible to run a family because it is seasonal, it is only Bitcoin trading that you can benefit from but it is also not easy. We still don't need to keep our eye on one basket, we still need to do other businesses to support Bitcoin efforts and trading.

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Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

Most countries still do not allow Bitcoin or cryptocurrency. Due to which the impact of Bitcoin on our economy cannot be seen directly, but we will see its wide spread use indirectly. Everyone who invested in Bitcoin before 2015 and the investors who took their profits in 2021 became economically very strong. A part of their profits must be invested or spent in their home country. It can be through purchase of goods or through establishment of business. Then I must add that money to my country's economy. Because when I am buying the product, the seller of that product is profiting financially and I pay tax at the specified rate to the government.

When i will get bitcoin legal in my country of course I will have the opportunity pay the tax to the government for using Bitcoin. At that moment Bitcoin will directly play an important role in the economy.

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Quote from: reagansimms on May 19, 2023, 07:02:45 AM

Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

Logically, the purpose of trading Bitcoin is to make a profit in order to add to the list of wealth, the profit earned can be used for family needs and the rest is kept as cold funds. Everyone must have the same goal, no one likes to lose. Bitcoin can not only help the family economy, you can buy whatever you like as long as you still get profit.
There is no limit to profit, the more money you invest, the greater the potential for profit. I do not discuss the risk of loss here because your question leads to profits to help the economy from Bitcoin investment results.

Well, basically the purpose of using bitcoin is to increase the finances that we have, so it's obvious that it will increase the economy that we have. In fact, some people have become rich people or a businessman by utilizing Bitcoin. so far, I still use Bitcoin because it really affects my economy and finances. I think a lot of people feel the same way I do here.

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Quote from: reagansimms on May 19, 2023, 07:02:45 AM

Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

Logically, the purpose of trading Bitcoin is to make a profit in order to add to the list of wealth, the profit earned can be used for family needs and the rest is kept as cold funds. Everyone must have the same goal, no one likes to lose. Bitcoin can not only help the family economy, you can buy whatever you like as long as you still get profit.
There is no limit to profit, the more money you invest, the greater the potential for profit. I do not discuss the risk of loss here because your question leads to profits to help the economy from Bitcoin investment results.

yes, that's true and it's not just trading, but what is meant by anything, whether Bounty or Airdrop, the point is whether Bitcoin helps the economy.
and my answer personally was very helpful, I got a lot of benefits from Bounties and also Airdrops a long time ago and it was enough to improve my economy and also my family.
and for trading bitcoin, I think for people who are just looking to profit from trading Bitcoin, there are many different answers, especially for people who are new to Bitcoin.
the risk of trading Bitcoin is very high indeed, but know that the possibility of profit is very much worth it with all the risks involved.

Davian144

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Quote from: bluebit25 on May 18, 2023, 02:43:24 PM

Yeah, of course, bitcoin and cryptocurrencies have affected me and my family members quite a bit. Especially in this inflationary economic time when having a lot of jobs is limited, it is not easy to still earn a monthly profit to help the family. The amount of money earned from daily work is not enough to cover the family's living expenses. Therefore, I am very grateful that it has contributed to the source of income (accounting for more than 70%) and contributed to maintaining happiness in today's time.

I have also been greatly helped by Bitcoin and cryptocurrencies as long as I know them until now. Because apart from being able to cover the needs that I need suddenly, Bitcoin and cryptocurrencies have also provided some valuable things for me through the profits I get through them. It has also changed my life which was once difficult to become a better and more comfortable life.

So it cannot be denied that Bitcoin and cryptocurrency can indeed change the lives of many people as long as these people can be very patient in going through difficult days when Bitcoin and cryptocurrency experience simultaneous price drops in the market. But besides that, I still work as usual in life to continue to earn income for my daily needs although I also have high hopes for Bitcoin and cryptocurrencies.

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Quote from: Raceonsucced on February 16, 2023, 08:45:45 PM

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

Logically, the purpose of trading Bitcoin is to make a profit in order to add to the list of wealth, the profit earned can be used for family needs and the rest is kept as cold funds. Everyone must have the same goal, no one likes to lose. Bitcoin can not only help the family economy, you can buy whatever you like as long as you still get profit.
There is no limit to profit, the more money you invest, the greater the potential for profit. I do not discuss the risk of loss here because your question leads to profits to help the economy from Bitcoin investment results.

bluebit25

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Yeah, of course, bitcoin and cryptocurrencies have affected me and my family members quite a bit. Especially in this inflationary economic time when having a lot of jobs is limited, it is not easy to still earn a monthly profit to help the family. The amount of money earned from daily work is not enough to cover the family's living expenses. Therefore, I am very grateful that it has contributed to the source of income (accounting for more than 70%) and contributed to maintaining happiness in today's time.

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Quote from: asyakashi on May 18, 2023, 10:06:57 AM

it really helped me even when i was still in school. I even supported my family and myself at a fairly young age and continued my education with bitcoin in 2017. At that time, even from bounties, there were many profitable projects and airdrops also paid a lot. the market has many community choices that don't drop each other. i guess it will never be there again in the future. even now I still feel helped by bitcoin.

We do miss those days where airdrops and bounties are too generous that when we are lucky enough 1 bounty campaign can make us rich. One example of this bounty is the Utrust bounty campaign where the participants were rewarded ten of thousands of tokens. The bounty payment is enough for a person who is living in a developing country to have a fund for a good business. I also remember a campaign that rewarded its participants with Ethereum ranging from 10 to 100 ETH per person. The participants of these campaigns are surely helped in their economy.

Likewise, my participation in cryptocurrency enables me to support and improve my family's way of living.

Topic: does bitcoin help in your economy? - page 3. (Read 1509 times)