Topic: does bitcoin help in your economy? - page 7. (Read 1509 times)
bitcoin does help me in term of economy i was known bitcoin since 2017 until know i learn a lot from it. unfortunately bitcoin is banned in my country as payment method but the regulation is not really impact to me.
In my personal view, Bitcoin helps my economy and also helps me to learn what cryptocurrencies and decentralized systems are. If I succeed with Bitcoin and become a millionaire I don't think it will happen anytime soon. Because not infrequently I also experience losses from trading with Bitcoin. There are even a few projects I've been involved in that ended up being a scam. But still Bitcoin helps me in science and economics because from Bitcoin I have learned many things.
Bitcoin has done a lot great things for my family than the government of my country ever did. I have absolutely nothing against Bitcoin, even though it happened to be on a downtrend for quite some time now.
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 it really helps the family economy if you get profit from bitcoin investment. I have experienced this precisely in 2018 until I was able to build a house and buy a dream motorbike from bitcoin investment results. at that time it seemed very easy to make money from bitcoin, even other altcoins that contributed a lot of profit in the cryptocurrency world. unfortunately I missed the bullrun in 2021, so I didn't earn much at that time. and currently still waiting for the glory days to come back 
Until now I have never heard of an official statement from the government about bitcoin, it seems that it is not banned and there are no special regulations, several times there have been large cryptocurrencies events attended by several top exchanges such as Huobii, Binance and so on, I hope this will have a good impact in the future so that cryptocurrencies can be useful.
Bitcoin really help my economy a lot. Especially i entered crypto world when bitcoin price still around $200-$300. When it is pumped, although my coin is less than 1, it still really worth to hold and we know only in a few years bitcoin price get multiplied and wonder how many people who get benefit from it.
When the price of Bitcoin is still around $200-$300, I don't think many people know that the price of Bitcoin will be as expensive as it is now or as expensive as it is at ATH in 2021, because the big price of Bitcoin will be known by many people after the increase in the market. And for the benefits that have been obtained by many people through Bitcoin so far, I think this is clearly very helpful for them in developing their economy, because the benefits of Bitcoin can be used for many things, including to run a business.
You can check bitcoin's historical price from this website Bitcoin Price History: 2009 - 2023 .
Approx, at the past 2014 or 2015 bitcoin price was low at range 200 - 300 USD, but i agree with you that at that time, bitcoin was strange to the most of people so i think only some people knew bitcoin or used it. But if there were some one buy some bitcoin since that time and still hold it, he will get big return from investing it.
In my opinion the presence of Bitcoin is a good opportunity to increase income, of course it takes accurate data whether useful or helping my country, what I know is that my country is not banned but also not legalized, all transactions must use fiat even for domestic transactions if using foreign currencies then Can be punished, the same as if in the country transacting with Crypto is also prohibited.
In deed, Bitcoin represents a significant opportunity for individuals with basic internet skills and basic knowledge of using apps to generate additional income through activities such as, investing, trading, mining or joining bounty campaigns. despite its ambiguous legal status in many countries including my own, but people are still using it as means of storing value and engaging in trading activities because Bitcoin is an attractive option for those who are looking to expand their income generating opportunities.They will only send you Bitcoins if you already reach some threshold but this wasn't worth it as it can take a lot of time. Before we engage in different Bitcoin activities, it will be better to check the legality status of Bitcoin in our place or country so that we can stay away from trouble.
No doubt many people benefited on bitcoin especially to early adopters and that's no exemption to me hence it helped me a lot as a financial support for the family. In our country bitcoin is not well adapted yet but soon enough it will be, its just a matter of time. Having profit and losses is really part of the crypto industry that's why DYOR will always be the answer no matter what and full knowledge of it will be the advantage.
In fact, there are many stories of people whose lives have turned from poor to rich. because that person used to have a number of bitcoins that he saved. and he just reminded a few years later after the price was high. I have heard stories like this a lot. and of course directly the person's economy has been helped.for me personally do not have much profit in bitcoin. but the current value of my long-term investment assets still shows I have a growing profit. because I started accumulating with DCA since the Bitcoin price has been corrected to 15k and 16k and until now. I stopped accumulating when bitcoin touched 23-24k. but now i started again. I hope my investment can bring more profit in the future.
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?
Bitcoin really help my economy a lot. Especially i entered crypto world when bitcoin price still around $200-$300. When it is pumped, although my coin is less than 1, it still really worth to hold and we know only in a few years bitcoin price get multiplied and wonder how many people who get benefit from it. 
congratulations because at least you are holding 1 whole bitcoin things that really hard for many of us now accumulate now because of really high price.
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Bitcoin had helped me personally specially in pandemic times when I lost my job and needs to sustain my family needs , this entered bitcoin as my savior more than when 2021 spike happens.
Bitcoin really help my economy a lot. Especially i entered crypto world when bitcoin price still around $200-$300. When it is pumped, although my coin is less than 1, it still really worth to hold and we know only in a few years bitcoin price get multiplied and wonder how many people who get benefit from it.
When the price of Bitcoin is still around $200-$300, I don't think many people know that the price of Bitcoin will be as expensive as it is now or as expensive as it is at ATH in 2021, because the big price of Bitcoin will be known by many people after the increase in the market. And for the benefits that have been obtained by many people through Bitcoin so far, I think this is clearly very helpful for them in developing their economy, because the benefits of Bitcoin can be used for many things, including to run a business.
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?
Bitcoin really help my economy a lot. Especially i entered crypto world when bitcoin price still around $200-$300. When it is pumped, although my coin is less than 1, it still really worth to hold and we know only in a few years bitcoin price get multiplied and wonder how many people who get benefit from it. To be honest, I don't just trade bitcoins, and my answer is yes, I help finance my daily life, buy vehicles, pay bills, almost everything is done from that.
and in the last 3 years I have only depended on online income.
but now market is very crucial and i dont have some capital to trade, so i will start again from the first.
the same as you, but at that time it still gave very good results not only from trading but from bounties. now the situation is very different, from trading it is very difficult to earn, it is also made difficult from bounties which currently rarely produce by surprise, so that later it can be used as trading capital.and in the last 3 years I have only depended on online income.
but now market is very crucial and i dont have some capital to trade, so i will start again from the first.
I was the same as you when going through the Covid pandemic, a lot of funds were drained and now is the time to try to collect again, but it doesn't seem easy and it will take a long time waiting for very significant changes.
To be honest, I don't just trade bitcoins, and my answer is yes, I help finance my daily life, buy vehicles, pay bills, almost everything is done from that.
and in the last 3 years I have only depended on online income.
but now market is very crucial and i dont have some capital to trade, so i will start again from the first.
the same as you, but at that time it still gave very good results not only from trading but from bounties. now the situation is very different, from trading it is very difficult to earn, it is also made difficult from bounties which currently rarely produce by surprise, so that later it can be used as trading capital.and in the last 3 years I have only depended on online income.
but now market is very crucial and i dont have some capital to trade, so i will start again from the first.
I was the same as you when going through the Covid pandemic, a lot of funds were drained and now is the time to try to collect again, but it doesn't seem easy and it will take a long time waiting for very significant changes.
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?
Why not ? Of course this will really help everyone's economy including those who already have a family in their life, because I don't think that every profit is useless. You can see for yourself in the example of all the people who work and trade every day just for the sake of getting profit, which means that any profit from it will never be wasted and is clearly very beneficial for helping everyone's economy.Bitcoin and other cryptos still help my economy even though as time goes on our government has to ban their use through its regulations for reasons best known to them, I think the ban has been lifted. But I must say, so many people get job opportunities from Bitcoin and other crypto, so many of us no longer care whether our government can give us jobs or not, we are good with what we have
If it's still okay, that means it's still very helpful even though you don't work in a government agency for now. Because when you can still survive by continuing to work in the crypto space by investing in Bitcoin and also trading other cryptocurrencies on the market by getting profits, it is a very simple answer that every profit you get is still very beneficial for the economy in your life until At the moment. 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?
Bitcoin and other cryptos still help my economy even though as time goes on our government has to ban their use through its regulations for reasons best known to them, I think the ban has been lifted. But I must say, so many people get job opportunities from Bitcoin and other crypto, so many of us no longer care whether our government can give us jobs or not, we are good with what we haveAs long as you keep quiet about doing that, I think you are fine, but still, it is against the law and you are using it illegally. But Bitcoin has a really big impact on us and even on others. Since you have money, you can buy more foods or things, which is good for business as well as the economy. Others are also using it to hire people and get paid on it, which is helpful to that person as well as the unemployment rate for the country. There are a lot of aspects in which crypto helps us, and it has a chain effect on others.
No doubt many people benefited on bitcoin especially to early adopters and that's no exemption to me hence it helped me a lot as a financial support for the family. In our country bitcoin is not well adapted yet but soon enough it will be, its just a matter of time. Having profit and losses is really part of the crypto industry that's why DYOR will always be the answer no matter what and full knowledge of it will be the advantage.
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?
Bitcoin and other cryptos still help my economy even though as time goes on our government has to ban their use through its regulations for reasons best known to them, I think the ban has been lifted. But I must say, so many people get job opportunities from Bitcoin and other crypto, so many of us no longer care whether our government can give us jobs or not, we are good with what we have 
In my opinion the presence of Bitcoin is a good opportunity to increase income, of course it takes accurate data whether useful or helping my country, what I know is that my country is not banned but also not legalized, all transactions must use fiat even for domestic transactions if using foreign currencies then Can be punished, the same as if in the country transacting with Crypto is also prohibited.
In deed, Bitcoin represents a significant opportunity for individuals with basic internet skills and basic knowledge of using apps to generate additional income through activities such as, investing, trading, mining or joining bounty campaigns. despite its ambiguous legal status in many countries including my own, but people are still using it as means of storing value and engaging in trading activities because Bitcoin is an attractive option for those who are looking to expand their income generating opportunities.
Until now at my place I still don't understand about bitcoin, when I introduced bitcoin they thought many things but were wrong, for example they said bitcoin is the same as Paypal, the same as multi level marketing, scam and so on, it's really difficult to get people to invest in bitcoin because they don't care and feel that transactions with fiat is the best thing compared to bitcoin.
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?
Frankly speaking bitcoin does not solve economic problem of my country. This could be because my country does not officially adopt Bitcoin. Even if they adopt bitcoin how will bitcoin solve the problem of my country The economical problems of countries are be solved by economic policies that are being put in place by government.
However, I cannot deny the fact that bitcoin has helped my personal life and that of my family. But where I come from, bitcoin has no influence in the economy.
In my opinion the presence of Bitcoin is a good opportunity to increase income, of course it takes accurate data whether useful or helping my country, what I know is that my country is not banned but also not legalized, all transactions must use fiat even for domestic transactions if using foreign currencies then Can be punished, the same as if in the country transacting with Crypto is also prohibited.
In deed, Bitcoin represents a significant opportunity for individuals with basic internet skills and basic knowledge of using apps to generate additional income through activities such as, investing, trading, mining or joining bounty campaigns. despite its ambiguous legal status in many countries including my own, but people are still using it as means of storing value and engaging in trading activities because Bitcoin is an attractive option for those who are looking to expand their income generating opportunities.
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