How not having money helped my Bitcoin journey

FanEagle

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Quote from: martyns on April 18, 2023, 05:38:30 AM

You own perspective is quite different from the OP's perspective,everybody have what suits them when it comes to crypto and how money is been used in investing.When you start Bitcoin on a zero percent level of income, definitely,that motivation must be there to make as much money as you can,there must be that zeal,which will push you to the height that you want,because you remembering the fact that your financial level is zero,it's what will motivate you.I started same way,on a zero percent level,but I can't say I am up to where I want to be now,but I can't compare myself now to before.i am still pushing,untill I will get to the height I want to reach.

That is true, everyone has their own personal journey. I never had any money at all before crypto, never even had enough to live, and then after crypto I did so much better, got married, bought a car, and been paying everything with crypto for many years now thanks to having income from it. So all in all the fact that not having money pushed me to figure out a way to make money allowed me to take risks that rich people can't take.

People assume rich people can buy whatever, but if they are careless then they won't be rich for too long, they will become poor after losing too much money. Whereas I could do a lot better which would be a lot easier because I can't get worse, I just spend my time on making more money.

MarjorieZimmermanGinger

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Quote from: Z390 on April 07, 2023, 06:08:12 AM

I see how some newbies are complaining about not having enough money to invest in Bitcoin, some times not having money is a blessing in the crypto space, if I had money years ago when I knew about crypto I would have made all the possible mistakes in the book, and that would have cost me a lot.

Almost everyone is born into this world with their own limitations, some have sufficient money from their parents and sometimes they have to fend for themselves to earn money to facilitate their lives. Then talking about investing with inability will be much more difficult and there are many categories of people who find it difficult to start investing in Bitcoin and we are required to think extra in order to have a gap for a solution.

Using small amounts of money to buy bitcoin feels easier and we only buy when we hold money, instead of trying to think quickly to get money and then buy bitcoin and it will add to the psychological burden. If we want, maybe there are several ways that we can take and most importantly, invest in accordance with the ability to lost.

mvdheuvel1983

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Quote from: Z390 on April 07, 2023, 06:08:12 AM

I had no access to money when I knew about Bitcoin, I had the desire to acquire many Bitcoin but I have no way, instead of moving on with my life I kept myself busy, reading and reading about Bitcoin, installed my first Bitcoin wallet on a Pentium 4 PC, I knew about Proof of work, I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.

Your story is an interesting one. And it is obvious that not everyone has the same way they started. Simply by starving your distractions and focusing on your goals you were able to make do with the little you had and have turned into something great. We should have zero tolerance for excuses.
This week, I am going to be sharing your story with some folks who think that because they didn't come from privilege it will be difficult to invest or make it in bitcoin.

Altryist

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Quote from: Awaklara on April 17, 2023, 07:30:42 AM

when someone does not have stable finances. in the sense that the needs are met and there is still some left to allocate to something like an investment. it will be quite difficult. OP is doing what he can, learning with what he wants to grow. whatever his current results, he now had enough knowledge from what he had been working on for years.
I also have a friend, who has enough money to invest in Bitcoin. he's just asking for advice on buying and selling. without knowing anything about Bitcoin development. even when the FTX crash event caused the price to decrease, my friend just panicked and didn't know what was going on.

Because it is worth investing only in what you are really sure of. I have friends, they are successful businessmen and none of them are interested in bitcoin, they just do not need it because they have successful businesses that they are very well versed in. They earn good money and reinvest part of the profits in their business, this is enough for them to earn good money.

If your friend does not understand what bitcoin is, but just bought it on someone's advice, believe me, he will want to sell it at the first serious correction, which may happen soon.

doomloop

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Quote from: TheUltraElite on April 17, 2023, 12:00:44 PM

Skeptical about how the OP mined BTC on a Pentium 4 PC, but keeping that aside, I am happy to know that bitcoin helped them in their journey of life. Getting a job after college is a tough time that every student has to go through with differences in every field, so such times are often depressing and leading to bad habits to form. One good habit that we can all form is bitcoin investment and going through the campaigns that go on here if you have a flair for writing and engaging in discussions. It can become a second source of income and support you.

Keep in mind that methods to earn are always there, but we need to be active and seek them out, Bitcoin is one method to be paid in.

Being a student when I first came to know about Bitcoin, I can surely vouch for what you said, maybe not about the earning part, but the struggle to find the ways that can actually help you earn something, and that struggle was probably the reason how I stumbled upon this forum too which I can totally call a life-changing experience for me.

I remember, I used to claim Bitcoins from free faucets initially and was always in pursuit of finding ways how I can earn and get more since just like OP, I didn't have money to buy it, maybe I couldn't manage to earn a lot of it, but that struggle surely kept be busy and away from all bad habits and bad gatherings that I might get into if it wasn't for this.

Baoo

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That’s a really good point of view OP, It is disappointing how newbies are always complaining about everything related to Bitcoin. They be looking for easy ways to earn Bitcoin without any effort and knowledge however, that’s not possible to happen. Bitcoin is not easy to get nowadays. Plus, mining is no longer profitable. In fact, as far as I am concerned to you have to find solutions and opportunities. If you don’t have money to invest and you are financially unstable, try to find a source of income. To be honest, I encourage newbies to develop their skills and knowledge before starting any type of fields, try to take useful courses and read books. It is really essential to use online resources smartly. Once you achieve these, build a solid portfolio and start doing freelance jobs, the beginning is always tough but with practice and experience you will be definitely able to earn money.

summonerrk

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Quote from: Z390 on April 07, 2023, 06:08:12 AM

I see how some newbies are complaining about not having enough money to invest in Bitcoin, some times not having money is a blessing in the crypto space, if I had money years ago when I knew about crypto I would have made all the possible mistakes in the book, and that would have cost me a lot.

I had no access to money when I knew about Bitcoin, I had the desire to acquire many Bitcoin but I have no way, instead of moving on with my life I kept myself busy, reading and reading about Bitcoin, installed my first Bitcoin wallet on a Pentium 4 PC, I knew about Proof of work, I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.

I got so calm, because what is there to rush about? I have no money anyways, since that time learning became my first priority.

If you don't have the money yet, maybe because you are jobless or still in school, do not let that be the reason to be out of Bitcoin, there is more you can learn that will help you in your crypto journey.

Money is coming, but be prepared by learning about Bitcoin, you will be in safer hands with the knowledge you would have acquired.

The fact is that only with knowledge you will not be able to pay in the store.
If your goal is only to study bitcoin, then please, but I think most are here for another.
It's noble to be a researcher - I myself, for the sake of interest, set up mining on a very weak laptop to see if I could do it. It is impossible to make a partial deposit without investing. It used to be possible to participate in airdrops and get a few hundred.
Therefore, people are dissatisfied with the fact that they cannot postpone. I have been in BTC since 2016 and have never bought bitcoin for cash.

CryptSafe

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Quote from: martyns on April 18, 2023, 05:38:30 AM

Quote from: GideonGono on April 17, 2023, 06:15:09 PM

It all depends on how you see it,
Sometimes we just need to look at it at a different perspective and we could embrace it as an opportunity.
Even the saddest and darkest times of our life could be a blessing if we would look at what we learn and how we grow from those times.
So for me it all depends on how you want to see it, just like how OP see the blessing on not having money.

You own perspective is quite different from the OP's perspective,everybody have what suits them when it comes to crypto and how money is been used in investing.When you start Bitcoin on a zero percent level of income, definitely,that motivation must be there to make as much money as you can,there must be that zeal,which will push you to the height that you want,because you remembering the fact that your financial level is zero,it's what will motivate you.I started same way,on a zero percent level,but I can't say I am up to where I want to be now,but I can't compare myself now to before.i am still pushing,untill I will get to the height I want to reach.

As you have said, people's perspective varies based on their experience in life. Some one with zero financial backup reasoning is quite different from another with good financial backup. When there is no money, you reason up to know how to make the money in a legit way without the law coming for you. Many people have their level of operation for which they feel is ok and comfortable to.make more money but one thing I have come to realize is that when you have no.money to start up life you are very broad in thinking about making money and I for sure know at that point, one would need to survive.

So the entire point here is that when one has that desires in them to make money in life they will and when it happens that they have no money on them to Start up and fortunately got one which requires no funds for start up and they have made little money from it, believe me you they would put their efforts in learning more to doing the work very diligently so as to perfect their skills on thee job.

martyns

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Quote from: GideonGono on April 17, 2023, 06:15:09 PM

It all depends on how you see it,
Sometimes we just need to look at it at a different perspective and we could embrace it as an opportunity.
Even the saddest and darkest times of our life could be a blessing if we would look at what we learn and how we grow from those times.
So for me it all depends on how you want to see it, just like how OP see the blessing on not having money.

You own perspective is quite different from the OP's perspective,everybody have what suits them when it comes to crypto and how money is been used in investing.When you start Bitcoin on a zero percent level of income, definitely,that motivation must be there to make as much money as you can,there must be that zeal,which will push you to the height that you want,because you remembering the fact that your financial level is zero,it's what will motivate you.I started same way,on a zero percent level,but I can't say I am up to where I want to be now,but I can't compare myself now to before.i am still pushing,untill I will get to the height I want to reach.

Dzwaafu11

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Is a very smart move for you That you didn't give up on bitcoin despite not having enough money to invest in it is a good sign for you. Your lack of resources forced you to educate yourself on how cryptocurrencies like bitcoin and others operate.
I didn't take bitcoin seriously when I first heard about it, even though I had money to invest. I reasoned that it wasn't likely to make me money, therefore I wouldn't risk it. And other individuals have money and have faith in bitcoin, but they are not well informed about how it operates. My friend advised me to go discover how bitcoin functions before making any investments, so I followed his advice. As a result, I am currently being saved from financial activities.

GideonGono

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It all depends on how you see it,
Sometimes we just need to look at it at a different perspective and we could embrace it as an opportunity.
Even the saddest and darkest times of our life could be a blessing if we would look at what we learn and how we grow from those times.
So for me it all depends on how you want to see it, just like how OP see the blessing on not having money.

TheUltraElite

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So anyway, I applied as a merit source :)

Skeptical about how the OP mined BTC on a Pentium 4 PC, but keeping that aside, I am happy to know that bitcoin helped them in their journey of life. Getting a job after college is a tough time that every student has to go through with differences in every field, so such times are often depressing and leading to bad habits to form. One good habit that we can all form is bitcoin investment and going through the campaigns that go on here if you have a flair for writing and engaging in discussions. It can become a second source of income and support you.

Keep in mind that methods to earn are always there, but we need to be active and seek them out, Bitcoin is one method to be paid in.

RealMalatesta

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Quote from: Awaklara on April 17, 2023, 07:30:42 AM

when someone does not have stable finances. in the sense that the needs are met and there is still some left to allocate to something like an investment. it will be quite difficult. OP is doing what he can, learning with what he wants to grow. whatever his current results, he now had enough knowledge from what he had been working on for years.
I also have a friend, who has enough money to invest in Bitcoin. he's just asking for advice on buying and selling. without knowing anything about Bitcoin development. even when the FTX crash event caused the price to decrease, my friend just panicked and didn't know what was going on.

I agree that when you do not have any money to invest, it becomes very hard to make any investments. I had a very terrible period in the last month where it will take me many months to recover, but at the very least I know that my income is lower than my spending in normal situations, this is just a special case and when that is over in the future, I will go back to living in a world where my spending will be less than my income and I will be able to invest the excess amount.

This is why people who can't live with their income can't just get smaller spending. It is better to increase the income than decrease the spending, because you can't keep cutting on costs all the time, you need to focus on bigger income if you can.

Dickiy

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Quote from: Z390 on April 07, 2023, 06:08:12 AM

I see how some newbies are complaining about not having enough money to invest in Bitcoin, some times not having money is a blessing in the crypto space, if I had money years ago when I knew about crypto I would have made all the possible mistakes in the book, and that would have cost me a lot.

I had no access to money when I knew about Bitcoin, I had the desire to acquire many Bitcoin but I have no way, instead of moving on with my life I kept myself busy, reading and reading about Bitcoin, installed my first Bitcoin wallet on a Pentium 4 PC, I knew about Proof of work, I tried mining for the first time using a dual-core PC ( second PC ), if I have enough money to invest I wouldn't have had time for all this learning.

I got so calm, because what is there to rush about? I have no money anyways, since that time learning became my first priority.

If you don't have the money yet, maybe because you are jobless or still in school, do not let that be the reason to be out of Bitcoin, there is more you can learn that will help you in your crypto journey.

Money is coming, but be prepared by learning about Bitcoin, you will be in safer hands with the knowledge you would have acquired.

Interesting stories and suggestions, and I totally agree that not having money doesn't mean we can't invest, the main key in situations like this is that we can invest in ourselves so that we have understanding and ability to really learn about bitcoin, and indeed it is true that money will come by itself if we already have the ability and understanding.
My own story even though I didn't directly touch bitcoin but it's the same case of not having money to invest, in my travel book I see many people who earn money from Airdrop and I follow their steps, it's not an easy thing because there are so many projects that I participate in many are not eligible and many are scams, until finally I understand what I have to do as an airdropper and get a decent value for money, so I can invest in bitcoin.
Everyone has different situations, conditions and stories in the early stages, but if the reason is not having money we just need to learn and continue to be patient in the stages until the money will come by itself.

Bananington

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Quote from: Z390 on April 07, 2023, 06:08:12 AM

Money is coming, but be prepared by learning about Bitcoin, you will be in safer hands with the knowledge you would have acquired.

I like this. Your story really will be motivating to people who had the idea that without money they do not need to know what bitcoin is. Knowledge is very important, and getting knowledge before money comes in will put you in a very god position to make better decisions when the money comes. Also because we are positive that money will come, knowing what to do with that money that we expect is very good, especially before the money comes. Not having money to invest immediately can be good if you take the time to learn first before the money comes. Having money to invest quickly can make you make wrong decisions that you will regret.

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Quote from: AnonBitCoiner on April 16, 2023, 07:15:58 AM

Your activities are good and you learned about bitcoin is appreciable because there are so many individuals who don't give preference to the knowledge but are in rush to make investment in bitcoin. They have to understand the thing that only investment is not the actual thing but using you knowledge and getting profit is the actual way of earning.

I think that if a person does not have much money to invest then finding job is better for earning money and then save a little amount for the purpose of investment so in this case learning and earning both will be easily operated.

when someone does not have stable finances. in the sense that the needs are met and there is still some left to allocate to something like an investment. it will be quite difficult. OP is doing what he can, learning with what he wants to grow. whatever his current results, he now had enough knowledge from what he had been working on for years.
I also have a friend, who has enough money to invest in Bitcoin. he's just asking for advice on buying and selling. without knowing anything about Bitcoin development. even when the FTX crash event caused the price to decrease, my friend just panicked and didn't know what was going on.

justdimin

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Quote from: posi on April 13, 2023, 07:56:19 AM

I also have to admit that sometimes not having money to invest early is also an advantage. Because we will have a lot of time to learn and research about it before making a final decision. If we rush to invest through advertising or someone's recommendation and do not have any knowledge about it, it will not benefit us.
I also used to lose a lot of money investing in Ponzi projects, I didn't do any research and just focused on the profit I would get. And the price I have to pay is to lose all the money invested.

I would say it depends on the person and the moment. If you have money to invest and it is too late and you buy bitcoin at 68k then you made a mistake. If you do not have money and can't buy it at 68k then that is a good thing because it would have gone down. If you do have money and buy at 16k that is a good thing. But, if you do not have money and can't buy at 16k then that is a very bad thing and missed a chance.

As you can see being able to buy or not be able to buy depends on the price and what you would do. If you were willing to do one but can't things change and depends on the situation. I hope that everyone has money when the price is low, and not have more to invest when it peaks so that you could make a profit.

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Quote from: Sorryfor on April 15, 2023, 06:18:20 PM

I would have made a lot of money by now if I had been investing since then as long as I have known about Bitcoin. But the sad thing is that at that time I didn't have any money to invest in bitcoins. I spent time studying when the price of Bitcoin was off the charts. And spent all the money I got from my family at that time towards my studies. But if I had started investing with a small amount then surely my life would have changed a lot by now. However, now is a good time to invest in Bitcoin, so take advantage of the opportunity.

You cannot know that, just as you think you would have earned a significant amount of money if you bought bitcoin earlier the opposite could have happened too, and if anything the negative scenario would have had more chances of actually happening, this is because to begin with trading and investing are a zero-sum game in which someone has to lose in order for someone else to win, but another reason is that as you mention your finances were not the best at the time, so even if you had some spare money to invest in bitcoin at the time, any crisis no matter how small and regardless of its nature could have been enough for you to panic and sell your coins.

AnonBitCoiner

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Your activities are good and you learned about bitcoin is appreciable because there are so many individuals who don't give preference to the knowledge but are in rush to make investment in bitcoin. They have to understand the thing that only investment is not the actual thing but using you knowledge and getting profit is the actual way of earning.

I think that if a person does not have much money to invest then finding job is better for earning money and then save a little amount for the purpose of investment so in this case learning and earning both will be easily operated.

Patrol69

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Maybe you don't have money right now so you can't invest in bitcoins but you have talent and you use that talent. Maybe you are not starting your bitcoin journey due to lack of money but at that time you should take various education related to bitcoin. But there is much to learn. Many people have enough money but they have zero knowledge about Bitcoin, so when they invest with zero knowledge, they put their financial resources at risk.

Why would you risk your money unnecessarily? Rushing on these platforms will never lead to success. Have enough patience. And you bring up another important point that,

"people regardless of their status as unemployed or students should get educated about Bitcoin".

Because if you get education, that education will be very useful someday.

Or I want to say to those who say they don't have money and they can't do anything in life for money, not having money is temporary money will definitely come to you. And when wealth comes to you, you can use this talent to go far with your wealth.

Topic: How not having money helped my Bitcoin journey (Read 725 times)