Topic: How Bitcoin changed my life - page 7. (Read 1236 times)

Like upgrade00 I think the numbers don’t add up. I personally think it is extreme to quit your job to invest in crypto unless you have a trust fund locked somewhere or some insurance that’s going to guarantee you won’t end up homeless. Hodling for three years and the same time not having a job is unbelievable, how did you make ends meet? This is a beautiful story of how bitcoin can change one’s financial status but let’s keep it real, bitcoin is a volatile investment, I wouldn’t advise anyone to quit a stable job to invest in bitcoin because truth be told you can have both.

You saved up $10,000 on a salary or $3,600 per year and invested all that, while quiting your job and working on nothing for the next 3 years?
Also, why wait for 3 years to sell at a profit, when you could have sold few months after October, 2017 at more than 3 times you bought at? You waited 3 years to sell at roughly the same amount you would have gotten in 2 months (and possibly reinvested), and then sold at the very beginning of the next bull run.

For someone who could save up $10k, $23k is hardly life changing.

Oh, yeah, I hear you. It sounds like a bunch of bullshit. Let's not forget his alleged savings of $10,000 from a delivery job that only paid him $300/month, which is probably well below the minimum wage.
Even if he saved every penny, it would take him almost three years to raise that money. I guess he's been doing that delivery job for a while...

There's no way you will accept or adopt something new without you having an encounter with change, and that thing must also take some things which are really bad away from you, the benefits of bitcoin to human kind in general has been a thing that will forever remain relevance because it has come to give that change we all desired and there's no way you come an encounter with bitcoin without having an experience of something new especially with your financial and economic life, bitcoin helps you get positioned on a right track to posterity with it adoption, the government does not necessarily have to adopt bitcoin before we all csn benefit from using it since the entire network remain decentralized.

That's just because he's made it up to get merit. There are too many aspects that don't add up, as I explained above.

So in the period between when you quit your job in 2017 and invest all your savings in btc..... how were you able to feed and take care of all other expenses as a human being? Because according to your story, you invested all you have and quit your job.
You can still be a crypto or btc investor without quiting your job, except you are a full time trader but your story says otherwise, anyways, glad btc has made an impact postively on your life, hope you can pass it on to others.

My same advice I give to people. You don't necessarily need to quite your job to focus on bitcoin investment its not that it needs the all day. Moreover you can earn from the job your doing to help pay for other expenses and also cover for emergencies like the bear make. Once there is another source of income you can actually holdl your bitcoin in peace during bearish period

I'm happy the op had such a positive experience. However, there are risky and negative things as well. For instance, some people quit jobs and go investing in Bitcoin, ending up losing a lot of money if not even owing others. Moreover, a job is something that certainly gives you money (at least, if you're working officially and in a fairly stable environment where an employer can't just refuse to pay the salary), whereas with investments, you can win and can also lose. Investments should be made more reasonably, when there's still a source of income in case things don't work out.

I love the smell of bullshit on these Bitcointalk threads.

In other words, first the OP tells us that he became interested in BTC but not because it is an autonomous and decentralized system that does not depend on central banks etc, but purely because of the profitability.

Then it turns out that he invested $10,000 to sell it a few years later for $23,400 and that


Then he would also have to explain what he has invested in again in order to generate an "income" that I don't know if he knows very well what he is saying.

Anyway, I can't imagine in which country the difference between having $10,000 and having $23,000 can change your life. If you live in the USA it is little capital and if you live in the Philippines it is more considerable capital but the difference between the investment and the final result does not change your life.

And it turns out that supposedly this has changed his way of being, his relationship with society.....

It seems to me quite a lot of bullshit that has more to do with expecting to get merit for the story than anything to do with reality.

No doubt patience is the key how bitcoin can changed your life become better but I try keep holding and patience more than two until four years later but still not lucky with my investment assets after price drop drastically. No doubt with bitcoin have changed my life better than before I know with bitcoin, but you are men who strong hand keep holding bitcoin assets with bigger investment fund $10,000 for investing on bitcoin still price $6,468 then three years later sell on$23,400. You have real job and passive salary income and looks easy how to be strong hand on your bitcoin funds investment until three years later for selling, but have many investor just get passive income with bitcoin investment only and they can't become strong hands like you hold bitcoin until three years later.

I don't see any reason why you quit your job to focus on bitcoin investment which does not require your full time. Still working your regular job while investing in bitcoin can still be very profitable and even so ensure that you do not concern yourself much with the market fluctuations which can aid your decision to hodl.

I don't think it is proper to refer to bitcoin investment as an online business, plus whatever you studied in school doesn't hold any relevance to bitcoin investment if you do not still learn properly about it. There are people who studied nothing regarding finance , economics or business in school, and they are still doing very well in this space.

Don't quit your job to invest in bitcoin, it is a very unwise option to take, investing in bitcoin is not a business, neither is it time consuming, so you can keep your other sources of income or your jobs in real life and still comfortably invest in bitcoin.
If you say it worked for you, then fine and good for you, but advising people to quit their job and invest in bitcoin is not something i will do, bitcoin is not a quick money scheme, it takes a long time for profits to come, if i quit my job to invest in bitcoin, i would have no means of survival before i take profits in the long term, it is a no-no for me, it should be a no-no for you and everyone else too.

I was a graduate, looking for something reasonable to do that will make me a great man in the society. I got a delivery Job were I was receiving $300 per month just to keep myself busy until a bigger job will come. On a faithful day I received a call from my childhood friend in school those days that told me to quit the delivery job i was doing, that the money is too small for me to plan well for my future which I did by resigned from the company. And he introduced me to online business which is Bitcoin investment because he knew that I study business administration in school those days and he thought me everything about Bitcoin investment include buy Bitcoin when the price is low in the market and hold until the price increase higher to my satisfaction before I can sell to make something good from the market. I started developing more interest on Bitcoin investment, because the way he impacted the knowledge to me how someone can become a rich man through Bitcoin investment that made me to do everything possible within my power to aquire the knowledge at the moment. And I started Bitcoin investment in the month of October 2017 when the price of Bitcoin was $6,468, were I invested $10,000 all the money I saved from my delivery job in Bitcoin investment and hold for like 3 years before I released my bitcoins to the market in the month of  December 2020 during the Christmas period when the price of Bitcoin increased to $23,400 that helped me to achieved massive incomes from my Bitcoin investment that changed my life in the society.


HERE'S HOW BITCOIN CHANGED ME AND CAN CHANGED YOU TOO:

1) my relationship with people: Try to have a strong relationship with people who can impact positive things in your life that will make your future colorful, like what my school childhood friend did to me that changed my life in the society.

2) Opportunity: Try to embrace genuine opportunity that will change your life in future, like what I did to eliminated poverty in my family by embraced Bitcoin investment to quit my delivery job that changed me in the society.