Has Bitcoin Helped Create Big Changes In Your Life?

Latviand

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Quote from: OrangeII on August 30, 2023, 05:40:09 AM

Quote from: Latviand on August 29, 2023, 10:56:48 PM

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However, these changes are something that you ultimately control. There are many people who benefit from Bitcoin, but if they only use it as a tool for fun, or fulfill their desires so that they waste money, then when the money runs out, there will be no significant changes in their lives.
However, if we use these advantages in building a business or growing a business, then we can feel that it is slowly helping our lives to get better. I've seen enough people who have quite fantastic wealth and changed their lives by using bitcoin and other cryptocurrencies.

We have different interpretation of fun, what could be fun to me could be stupid or a waste to you, unless you specify what activities or recreationals are you talking about, I don't think it's right for you to judge that something is wasteful, hell even gambling which I believe is a waste of money and time can be a different thing for other people. You're right about using bitcoin to advance our lives but that's just not me, all day chasing money not resting because I know there's delayed gratification and that I'll be able to enjoy the hard work later on, I don't like the stress of being over materialistic tbh. Chasing the bag only ends with you chasing bag more and you won't even know it.

inthelongrun

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Quote from: rachael9385 on August 31, 2023, 09:01:22 AM

Anyway for me no big change yet because I am just a new investor (greenhorn) in the crypto game, I will say that the only people that Bitcoin has help to create a big change in their life's are the people who invested in Bitcoin from either 2009 to 2017 or 2020 but now I don't think from 2021 anyone have gotten bigger achievements besides people are waiting for the bullish season after the bullrun then we can talk if Bitcoin has helped us to create any big change.

That's right. People who started to invest bitcoin in 2021 are still on the losing end. And we do not know what percent of them are still holding it until the next bull run which is usually in a 4-year cycle. The majority of the early investors pretty sure sold their holdings already and then bought back for another hold.

In my situation, I think I bought bitcoin at $500+ something before but I sold them all last 2018 or 2019 at $3k to $4k range. And here I am again starting to accumulate monthly at a higher price. But we're all probably very optimistic that bitcoin will reach another ATH in the next bull run which is expected to start next year and peak in 2025 if we are to based on its price history.

coupable

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In my country, it is not allowed to own international payment cards, whether physical or virtual, and therefore it is not possible to purchase online from shopping sites or even work independently online (freelancing) because there is no means of payment available. After the increasing popularity of Bitcoin, it has become possible to dispense with all payment methods prohibited by my country and make transfers in a private and hidden manner that the authorities cannot notice.
No one can deny how revolutionary this was and how it helped change the lives of many, myself included.

Asuspawer09

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Quote from: Bread Winners on August 21, 2023, 07:01:30 PM

Please do not assume I am asking if "you got really rich from BTC". For example, has Bitcoin/Crypto changed the way you shop, or earn weekly income? Has BTC helped you feel more optimistic and excited about the future? etc. I am getting started late compared to many others, but I see many great days ahead. Thanks for being here at the forum!

Has Bitcoin Helped Create Big Changes In Your Life?

Absolutely, not really when I was just getting started on cryptocurrency because I did make a lot of mistakes and lost a big amount of money, but because of Bitcoin and cryptocurrency and this forum I learned a lot of knowledge about it and in the end, it changes my mindset on how I look my finances, not it is a really big help because I know what to do with my savings and investment, and it just change my life even though I still not some kind of rich guy that has million of dollars of money, but can really see my growth and improvement compared to the past years on how I handle things.

I was just a student when I was a newbie on Bitcoin, and really great to earn a large amount of money on cryptocurrency especially if you are just a student having the money to afford what you want, it really changed my life earning that amount even though I didn't even have a full-time job. I just wish that I'm able to save more of my money that time not just spending most of it on some gadget or things but actually putting it into something that could generate passive income.

xSkylarx

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Quote from: Kelvinid on August 30, 2023, 04:50:24 PM

Quote from: xSkylarx on August 30, 2023, 07:08:04 AM

It is somewhat the case that people tend to have a sure profit for Bitcoin in the upcoming 2-3 years, which is why they are investing in it for the long term. We know that people who don't have patience will not work on this, only those who understand that we need to hold it for a longer period of time so that we can gain profit. Bitcoin really attracts those investors because of its high price and how volatile it is; it can reach its ATH in no time. That is why investors liked the risk, even though the risk of losing your money is also high.

It was too risky indeed but people didn't focus on it instead, they looked at how much they get in the future.
We can say that many people were encouraged to come because they saw that many lives had changed through investing in Bitcoin and they are taking their steps hoping that they could change their living as well despite the risk. In fact, we can't change our lives if we remain in our comfort zone which is why we have to do this and take the risk.

Well, for me, I couldn't say that I really improved but I gained a lot of learnings which I treasured the most.

Staying in your comfort zone can make you lazy because you'll still be in an unending cycle that you don't know where to go but it is sure that we are safe there, it is like security, but again times staying in our comfort zone even we don't like it we have too because taking a risk can make you down financially and that's worse mostly if you have a family to feed that is why I've seen a lot of people that are doing their 8 - 5pm job even if they don't liked it but again they need to as they need to feed their family.

rachael9385

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Anyway for me no big change yet because I am just a new investor (greenhorn) in the crypto game, I will say that the only people that Bitcoin has help to create a big change in their life's are the people who invested in Bitcoin from either 2009 to 2017 or 2020 but now I don't think from 2021 anyone have gotten bigger achievements besides people are waiting for the bullish season after the bullrun then we can talk if Bitcoin has helped us to create any big change.

Kelvinid

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Quote from: xSkylarx on August 30, 2023, 07:08:04 AM

It is somewhat the case that people tend to have a sure profit for Bitcoin in the upcoming 2-3 years, which is why they are investing in it for the long term. We know that people who don't have patience will not work on this, only those who understand that we need to hold it for a longer period of time so that we can gain profit. Bitcoin really attracts those investors because of its high price and how volatile it is; it can reach its ATH in no time. That is why investors liked the risk, even though the risk of losing your money is also high.

It was too risky indeed but people didn't focus on it instead, they looked at how much they get in the future.
We can say that many people were encouraged to come because they saw that many lives had changed through investing in Bitcoin and they are taking their steps hoping that they could change their living as well despite the risk. In fact, we can't change our lives if we remain in our comfort zone which is why we have to do this and take the risk.

Well, for me, I couldn't say that I really improved but I gained a lot of learnings which I treasured the most.

Ryu_Ar1

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Quote from: Uruhara on August 29, 2023, 09:50:23 PM

Quote from: YUriy1991 on August 29, 2023, 09:42:31 AM

If you have done it then you will get the answer by itself however, if you haven't done it it might be a bit difficult to feel it. it's all about taste and I'm starting to taste it myself. Yes, nowadays many investors are coming in and are interested in investing in BTC because it is one of the safest investments due to its scarcity, unlike fiat currencies, such as dollars, which central banks can print at will. Yes. BTC has uses and values, the last one Bitcoin is very difficult to counterfeit of course.

I personally probably can't say that Bitcoin is the safest investment. But I personally believe that Bitcoin is a potential investment to get into. For example, now more large companies are also investing in Bitcoin. In fact, several giant companies that had badmouthed Bitcoin a few years ago turned out that this year they were also one of the companies that submitted a Bitcoin ETF.

And yes, changes in life through bitcoin can happen if we enter and feel it ourselves. But this is not a get-rich-quick scheme. This is just a pretty promising future investment. But still high risk of course.

As long as we live we always have risks and when we are in bitcoin there is always a risk and indeed this is not safe but of course when we are sure then saying it is not safe is included in the risk so we have to face it.
And I agree with what you said because in the end whether this will change our lifestyle for the better or not depends on how we do it in bitcoin. As long as we do it right from the investment procedure and learn well, the results will also be good and will affect the life we run but when our orientation is only to money and quick profits then we can fall into the trap like most people who now give up and consider bitcoin a scam.

pawel7777

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Quote from: Bread Winners on August 21, 2023, 07:01:30 PM

Has Bitcoin Helped Create Big Changes In Your Life?

I would say no. It did help me change the way I look at things like money, value or investing, as I was fairly ignorant of those things before I learnt about Bitcoin. But I wouldn't consider those "big" changes. Then again, you never know where your life would be if you did things differently in the past. So maybe BTC had a big impact on my life but I just don't realise it.

Blitzboy

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Quote from: armanda90 on August 29, 2023, 10:31:51 PM

Quote from: BALIK on August 29, 2023, 10:16:37 PM

I also object when someone says that bitcoin is the safest investment, because no investment is safe and can yield high returns, the higher the return, the higher the risk. To be fair, bitcoin is the most potential investment but also has the highest risk.

Bitcoin investments need to be held for years to yield good returns but saying it is not a get-rich-quick scheme is not entirely true. We don't choose gold or other investments and choose bitcoin because we want high returns and want to get rich quick. After all, profits from bitcoin are still generated faster than other investments, we should not deny that fact.

Its too risk when promoting with bitcoin is the safest investment how beginner get misunderstanding respond, actually its right with bitcoin is safest investment but not promising with profitable in short time and bigger are waiting for when bitcoin drop. Bitcoin helped many people trough their investment increasing up drastically but they need longer time waiting moment for selling bitcoin and how beginner expectation when talking about bitcoin is safest investment.

No all investment are secure right now not only cryptocurrency or other investment kinds, depend how our self manage with emotion and lack knowledge or not when investing in something. Invest in Bitcoin have to controlling well and understand with bitcoin when right time for investing and selling.

I've always been a proponent of innovation, growth, and change. The promise of Bitcoin goes beyond just getting rapid money. I've seen regular people talk about Bitcoin as though it were the lotto. Not at all. Although Bitcoin represents a revolution, it is also an investment, and investments require time. Who has actually profited from this? They have been patient. They've used a strategic approach.

Although there are risks with every investment, cryptocurrencies are still in their formative years. They have a lot of potential but are moody and unpredictable. We must accept the risks and benefits associated with Bitcoin, just as we did with other sectors of life that underwent transformation. But, and this is where it gets intense, do you dive in without being fully informed? That is not only risky, but it also sets you up for failure.

xSkylarx

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Quote from: Inwestour on August 30, 2023, 06:33:38 AM

Quote from: Uruhara on August 29, 2023, 09:50:23 PM

I personally probably can't say that Bitcoin is the safest investment. But I personally believe that Bitcoin is a potential investment to get into. For example, now more large companies are also investing in Bitcoin. In fact, several giant companies that had badmouthed Bitcoin a few years ago turned out that this year they were also one of the companies that submitted a Bitcoin ETF.

And yes, changes in life through bitcoin can happen if we enter and feel it ourselves. But this is not a get-rich-quick scheme. This is just a pretty promising future investment. But still high risk of course.

It seems to me that the times when one could expect a very large growth from bitcoin have already passed. Now it looks more like a long-term investment, from which you can get x3-x5 with the right timing for buying and selling. And in the future, the possible profit will become even smaller as Bitcoin becomes more expensive. But for now, Bitcoin remains an attractive investment, it may not make investors wealthy very quickly, but it can provide an opportunity to create good capital for further investments.

It is somewhat the case that people tend to have a sure profit for Bitcoin in the upcoming 2-3 years, which is why they are investing in it for the long term. We know that people who don't have patience will not work on this, only those who understand that we need to hold it for a longer period of time so that we can gain profit. Bitcoin really attracts those investors because of its high price and how volatile it is; it can reach its ATH in no time. That is why investors liked the risk, even though the risk of losing your money is also high.

Inwestour

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Quote from: Uruhara on August 29, 2023, 09:50:23 PM

I personally probably can't say that Bitcoin is the safest investment. But I personally believe that Bitcoin is a potential investment to get into. For example, now more large companies are also investing in Bitcoin. In fact, several giant companies that had badmouthed Bitcoin a few years ago turned out that this year they were also one of the companies that submitted a Bitcoin ETF.

And yes, changes in life through bitcoin can happen if we enter and feel it ourselves. But this is not a get-rich-quick scheme. This is just a pretty promising future investment. But still high risk of course.

It seems to me that the times when one could expect a very large growth from bitcoin have already passed. Now it looks more like a long-term investment, from which you can get x3-x5 with the right timing for buying and selling. And in the future, the possible profit will become even smaller as Bitcoin becomes more expensive. But for now, Bitcoin remains an attractive investment, it may not make investors wealthy very quickly, but it can provide an opportunity to create good capital for further investments.

OrangeII

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Quote from: Latviand on August 29, 2023, 10:56:48 PM

If I'm being honest, no big changes really, all my bitcoin is just a hoard and right now it's a lot but it's not life changing or anything like that unless I sell it right now which isn't the right thing to do because I know that bitcoin's going to go up much higher than this in the near future and the best thing to do is to accumulate more and just think of all this as a delayed gratification. I don't know if this change should count but I changed my outlook on life regarding money, I stopped chasing that shit a long time ago and I just let things happen whatever they may be, maybe bitcoin made changes to my life after all.

However, these changes are something that you ultimately control. There are many people who benefit from Bitcoin, but if they only use it as a tool for fun, or fulfill their desires so that they waste money, then when the money runs out, there will be no significant changes in their lives.
However, if we use these advantages in building a business or growing a business, then we can feel that it is slowly helping our lives to get better. I've seen enough people who have quite fantastic wealth and changed their lives by using bitcoin and other cryptocurrencies.

Latviand

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If I'm being honest, no big changes really, all my bitcoin is just a hoard and right now it's a lot but it's not life changing or anything like that unless I sell it right now which isn't the right thing to do because I know that bitcoin's going to go up much higher than this in the near future and the best thing to do is to accumulate more and just think of all this as a delayed gratification. I don't know if this change should count but I changed my outlook on life regarding money, I stopped chasing that shit a long time ago and I just let things happen whatever they may be, maybe bitcoin made changes to my life after all.

armanda90

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Quote from: BALIK on August 29, 2023, 10:16:37 PM

I also object when someone says that bitcoin is the safest investment, because no investment is safe and can yield high returns, the higher the return, the higher the risk. To be fair, bitcoin is the most potential investment but also has the highest risk.

Bitcoin investments need to be held for years to yield good returns but saying it is not a get-rich-quick scheme is not entirely true. We don't choose gold or other investments and choose bitcoin because we want high returns and want to get rich quick. After all, profits from bitcoin are still generated faster than other investments, we should not deny that fact.

Its too risk when promoting with bitcoin is the safest investment how beginner get misunderstanding respond, actually its right with bitcoin is safest investment but not promising with profitable in short time and bigger are waiting for when bitcoin drop. Bitcoin helped many people trough their investment increasing up drastically but they need longer time waiting moment for selling bitcoin and how beginner expectation when talking about bitcoin is safest investment.

No all investment are secure right now not only cryptocurrency or other investment kinds, depend how our self manage with emotion and lack knowledge or not when investing in something. Invest in Bitcoin have to controlling well and understand with bitcoin when right time for investing and selling.

BALIK

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Quote from: Uruhara on August 29, 2023, 09:50:23 PM

Quote from: YUriy1991 on August 29, 2023, 09:42:31 AM

If you have done it then you will get the answer by itself however, if you haven't done it it might be a bit difficult to feel it. it's all about taste and I'm starting to taste it myself. Yes, nowadays many investors are coming in and are interested in investing in BTC because it is one of the safest investments due to its scarcity, unlike fiat currencies, such as dollars, which central banks can print at will. Yes. BTC has uses and values, the last one Bitcoin is very difficult to counterfeit of course.

I personally probably can't say that Bitcoin is the safest investment. But I personally believe that Bitcoin is a potential investment to get into. For example, now more large companies are also investing in Bitcoin. In fact, several giant companies that had badmouthed Bitcoin a few years ago turned out that this year they were also one of the companies that submitted a Bitcoin ETF.

And yes, changes in life through bitcoin can happen if we enter and feel it ourselves. But this is not a get-rich-quick scheme. This is just a pretty promising future investment. But still high risk of course.

I also object when someone says that bitcoin is the safest investment, because no investment is safe and can yield high returns, the higher the return, the higher the risk. To be fair, bitcoin is the most potential investment but also has the highest risk.

Bitcoin investments need to be held for years to yield good returns but saying it is not a get-rich-quick scheme is not entirely true. We don't choose gold or other investments and choose bitcoin because we want high returns and want to get rich quick. After all, profits from bitcoin are still generated faster than other investments, we should not deny that fact.

Uruhara

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Quote from: YUriy1991 on August 29, 2023, 09:42:31 AM

If you have done it then you will get the answer by itself however, if you haven't done it it might be a bit difficult to feel it. it's all about taste and I'm starting to taste it myself. Yes, nowadays many investors are coming in and are interested in investing in BTC because it is one of the safest investments due to its scarcity, unlike fiat currencies, such as dollars, which central banks can print at will. Yes. BTC has uses and values, the last one Bitcoin is very difficult to counterfeit of course.

I personally probably can't say that Bitcoin is the safest investment. But I personally believe that Bitcoin is a potential investment to get into. For example, now more large companies are also investing in Bitcoin. In fact, several giant companies that had badmouthed Bitcoin a few years ago turned out that this year they were also one of the companies that submitted a Bitcoin ETF.

And yes, changes in life through bitcoin can happen if we enter and feel it ourselves. But this is not a get-rich-quick scheme. This is just a pretty promising future investment. But still high risk of course.

Smartgoat

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Quote from: Bread Winners on August 21, 2023, 07:01:30 PM

Please do not assume I am asking if "you got really rich from BTC". For example, has Bitcoin/Crypto changed the way you shop, or earn weekly income? Has BTC helped you feel more optimistic and excited about the future? etc. I am getting started late compared to many others, but I see many great days ahead. Thanks for being here at the forum!

Has Bitcoin Helped Create Big Changes In Your Life?

I will say yes BTC have changed my life. yesterday I was no body but today I can tell you for free that, BTC have changed my mentality, it has changed my financial straight.

YUriy1991

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If you have done it then you will get the answer by itself however, if you haven't done it it might be a bit difficult to feel it. it's all about taste and I'm starting to taste it myself. Yes, nowadays many investors are coming in and are interested in investing in BTC because it is one of the safest investments due to its scarcity, unlike fiat currencies, such as dollars, which central banks can print at will. Yes. BTC has uses and values, the last one Bitcoin is very difficult to counterfeit of course.

BVeyron

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Quote from: Bread Winners on August 21, 2023, 07:01:30 PM

Please do not assume I am asking if "you got really rich from BTC". For example, has Bitcoin/Crypto changed the way you shop, or earn weekly income? Has BTC helped you feel more optimistic and excited about the future? etc. I am getting started late compared to many others, but I see many great days ahead. Thanks for being here at the forum!

Has Bitcoin Helped Create Big Changes In Your Life?

In general, digital currency has an impact on the lifestyle of the most people. Cryptocurrencies are actually the new version of "digital fiat currency" projects. What really matters is the adopting level, which depends strongly on the hardware and software availability and development. So if there will enough mining facilities, then the overall system will bring life-changing surprises at some moment.

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