How not having money helped my Bitcoin journey - page 4.

GreatArkansas

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

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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.

People must always think this. Because from what I observe most new people who are coming to the Bitcoin space are greedy, they only want easy money, they don't want to learn what Bitcoin is because they only think is easy money. Very bad move for newbies I believe.
Having good knowledge on Bitcoin will help you to make money depends from your goal, so everything must be learn first.

S A KHAIR

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Quote from: Sarah Azhari on April 08, 2023, 08:56:00 PM

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.

There is another way to have Bitcoin without a lot of money. for example by claiming a faucet on freebitco, or others, but that makes spend your much time if you don't have the skill to multiply it. And, you have to know, I don't have money a year ago, but I really love to own Bitcoin and I research, then find a way how to have it, yes, I join the signature campaign and save the bitcoin, but you must a lot of time to read about crypto and bitcoin, nothing is free in the world if you want, then you must learning hard.

Earning bitcoins from the faucet is no longer a good return and a real waste of time. Instead of looking for freeways, we should go out to work, earn an outside income and then it will be easy to invest in bitcoin. Don't try to waste time sitting in front of the computer for hours looking for free stuff, they are useless.

CarnagexD

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Quote from: Sarah Azhari on April 08, 2023, 08:56:00 PM

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.

There is another way to have Bitcoin without a lot of money. for example by claiming a faucet on freebitco, or others, but that makes spend your much time if you don't have the skill to multiply it. And, you have to know, I don't have money a year ago, but I really love to own Bitcoin and I research, then find a way how to have it, yes, I join the signature campaign and save the bitcoin, but you must a lot of time to read about crypto and bitcoin, nothing is free in the world if you want, then you must learning hard.

Right. Also, if you are unable to invest a money in Bitcoin, you can still participate in the cryptocurrency market by buying smaller amounts over time or just offer goods or services for payment in Bitcoin. It can allow you to acquire the currency without spending traditional money.

But of course, like what you've said, it's important to do research about Bitcoin before investing, even if you don't have money yet, because it will help you understand the risks and potential benefits of investing in Bitcoin. This knowledge will help you make an informed decision if and when you decide to invest in the cryptocurrency someday.

Quote from: borovichok on April 08, 2023, 09:35:18 PM

Without money, opportunities missed, he might be happy that he didn't go into crypto earlier because he's scared of losses, he would have been among the first set of people to enjoy full massive profits from bitcoin. Real facts OP, money served everything in the crypto space because we are offered new opportunities to turned out good profits from solid projects, it doesn't matter the number of times a trader have recorded losses, never giving up and pushing harder have been my ultimate slogan and it have really helped me over the past years.

I think that's just how OP cope up with the fact that he wasn't able to enter the market early. The way I read it, he's just taking advantage of the fact that he had no money during that time because if he did and he didn't have the knowledge, definitely his investment will go to waste. So congrats to OP for using his time wisely. Despite the fact that he didn't have any money before, he made a great investment in his knowledge.

SquirrelJulietGarden

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Quote from: borovichok on April 08, 2023, 09:35:18 PM

Without money, opportunities missed, he might be happy that he didn't go into crypto earlier because he's scared of losses, he would have been among the first set of people to enjoy full massive profits from bitcoin. Real facts OP, money served everything in the crypto space because we are offered new opportunities to turned out good profits from solid projects, it doesn't matter the number of times a trader have recorded losses, never giving up and pushing harder have been my ultimate slogan and it have really helped me over the past years.

Investment should be made with money that is like your savings. After you use your salary for necessary things in life, to survive from hungry at least, and reserve some money for emergency, you can use the rest of your money for investment.

Investment can be in stocks, gold, bitcoin or altcoins but if you ask what are safest assets for investment, I would like to answer they are gold and Bitcoin.

Stocks can collapse, altcoins can collapse or die. Gold is here many centuries and Bitcoin is here since 2009 through one global economic recession and might be a witness of an ongoing recession.

Investment when don't have money to use in life, for emergency is a bad plan and I don't recommend to bet your life with investment even I do love and believe in Bitcoin.

borovichok

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Quote from: Fivestar4everMVP on April 08, 2023, 06:07:20 PM

Trust me mate, I get where you are coming from, but also know that even money makes learning easier, just imagine you had the money to acquire your own bitcoin mining equipment at that time, you would have learnt completely with first hand experience, how bitcoin mining works, and also at the same time, in the process of learning, make good money for yourself..

So don't underrate what money can do, money is still very important, even in learning, but I understand and agree that those who don't have it yet, should not feel left out, they can still learn a thing or two regardless, while doing all they can to make the money so as to possess a faster learning process/ability.

Without money, opportunities missed, he might be happy that he didn't go into crypto earlier because he's scared of losses, he would have been among the first set of people to enjoy full massive profits from bitcoin. Real facts OP, money served everything in the crypto space because we are offered new opportunities to turned out good profits from solid projects, it doesn't matter the number of times a trader have recorded losses, never giving up and pushing harder have been my ultimate slogan and it have really helped me over the past years.

Sarah Azhari

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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.

There is another way to have Bitcoin without a lot of money. for example by claiming a faucet on freebitco, or others, but that makes spend your much time if you don't have the skill to multiply it. And, you have to know, I don't have money a year ago, but I really love to own Bitcoin and I research, then find a way how to have it, yes, I join the signature campaign and save the bitcoin, but you must a lot of time to read about crypto and bitcoin, nothing is free in the world if you want, then you must learning hard.

Yatsan

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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.

Well, you do have a point; investing on knowledge first before actually buying or engaging into it. But there will be things in this industry which can only be learned through experience such as endurance to market price volatility. Textbook knowledge is good but things does not simply work as it was stated in the books; the market behaves in no particular manner in the first place, therefore, no certainty. Let us say you have the prior knowledge of something but not all the time, things would work smoothly on the actualization for sure there will be differences. What I am trying to point out? We have different ways to achieve one specific goal.

South Park

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

snip

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.

Exactly, while not having any money is an obstacle as you cannot bitcoin directly at the end that is all what it does, it does not prevent a person from earning bitcoin directly or from learning all what they can with the time they have available, then once they have enough money they can buy bitcoin and avoid most of the mistakes newbies make, however not many people think this way, which is why even if some people have known about the existence of bitcoin for a long time and they had a desire to buy it, once they do it they cannot avoid making the mistakes newbies make and lose a substantial amount of their capital.

Fivestar4everMVP

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Trust me mate, I get where you are coming from, but also know that even money makes learning easier, just imagine you had the money to acquire your own bitcoin mining equipment at that time, you would have learnt completely with first hand experience, how bitcoin mining works, and also at the same time, in the process of learning, make good money for yourself..

So don't underrate what money can do, money is still very important, even in learning, but I understand and agree that those who don't have it yet, should not feel left out, they can still learn a thing or two regardless, while doing all they can to make the money so as to possess a faster learning process/ability.

serjent05

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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.

I agree, knowledge is one of the keys to prosperity. Knowledge is also critical for earning factors. To get knowledge of certain topics we need to learn. @OP is correct in trying to understand Bitcoin rather than jumping before thinking. He might have lost lots of money if he do that (assuming he has money to invest). Luckily, @OP cannot do that because of lack of resources and @OP is wise in thinking learning is the key to his Bitcoin journey despite of lack of funds.

Knowledge through learning is essential especially when we are about to explore a new industry that has lots of potentials to give us profitability. Knowing the factor to take advantage of potentials is the right thing to do.

Ultegra134

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I was quite young when I was first introduced to Bitcoin, and I had neither the means nor the money to do so. Thus, I resorted to scouting the forum and trying to learn as much as possible. Learning is a never-ending process. I've made plenty of mistakes throughout the years that have cost me a great sum of money.

However, the amount of money out of my own pocket that has gone towards purchasing crypto is minimal compared to the amount of money that I currently hold in Bitcoin. This forum is a great source of information, and if you take advantage of the opportunities it offers, you'll start generating income from scratch. Keep up the good work, and eventually it'll pay off.

Findingnemo

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You don't necessarily need money to make money for example lot of influencers are making money for simple tweet or a video or an article about a project so it all depends on how we convert of existing skills to money and ofcourse investment will help the money to multiply and keep on increasing. So it really depends on every individual and what kind of skills they have because there are numerous ways to make money so all we need to do is to find which one will suit you better.

Hyphen(-)

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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 don't think this is true and will be useful to all beginners here and out there.

Some people can control themselves and make sure they don't make the wrong decision even if they have the money to invest; they will take their time to learn and acquire all of the basic knowledge and guidance they require before investing their money in cryptocurrency because they understand how risky it is to invest in anything you don't understand.

Quote

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.

If you have the money now, it could have been an opportunity for you to at least invest in Bitcoin because you know it is the most reliable cryptocurrency coin to invest in because you will feel that this is the right time to invest so that you can see how your Bitcoin price grows during the expected halving in 2024.

kryptqnick

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That's an interesting perspective from the op, but I also believe it's somewhat unjust that some people have the funds, and they can buy Bitcoin if they believe in it, and there are some who also believe in Bitcoin but can't try it out, can't improve their financial situation even though they could really use an improvement (at the same time those who can afford to invest a lot in Bitcoin probably already have tons of wealth and the marginal value of them getting even more wealth is pretty low). But another way, aside from taking your time learning about Bitcoin, is to find a way to earn in Bitcoin (if you're not a minor, that is), which will mean you can get BTC without buying BTC.

Jawhead999

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How it's possible you can mine Bitcoin using Pentium 4 PC?

Don't looking a way to generate Bitcoin or get free money since it's mostly wasting time, you're need to learn about a new skill to make money e.g. designer, illustrator, digital marketing etc.

You just need to learn about Bitcoin in general to make you understand and have a reason to buy it, then you need to learn about wallet and how to make a transaction. Don't need learn to far if you're still struggling to make money, it's wasting time IMO.

SyndicateLabs

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Each of us has our own personal stories of how to approach bitcoin and this market, I think over time if everyone persists with them they will all learn different lessons about this market. Some personal opinions like the OP also contribute to each person's approach, for me, failure is an important lesson to make me stronger, and that's not the end, yes. Maybe I had a lot of luck that kept me from getting too caught up in the money vortex, so since I realized the potential of this market, I only see that life is complicated or simple is up to you to decide.

Edwardard

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Quote from: bosede1 on April 07, 2023, 03:19:37 PM

I won't agree with you saying you don't have money then, my view is that buying Bitcoin wasn't your priority or preference because you have a PC and have money to access the internet showing you are not poor, maybe then you thought you need to own million before you can invest.

Nowadays, even poor guys got a phone and an internet access. But they can't understand how smartly to invest in assets rather than having liabilities, which makes all the difference.

Quote from: maydna on April 07, 2023, 03:30:29 PM

Those who don't have the means to start investing in bitcoin can use other methods such as joining a bounty campaign program and then getting paid in tokens from the project. After that, they can sell their tokens to BNB or even directly to BTC to own their first BNB or BTC.

Just to add, you need a good high ranked account to earn enough from bounty campaigns. And to earn a high rank, you need merits and for that you need knowledge, etc. Also, I wont recommend joining any random altcoin bounty campaigns, most of them end up giving just a few bucks at the end of the month due to rapid price drop and scummy nature. Give priority to bitcoin based campaigns.

Husires

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

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 don't know what you're trying to mining, but it's definitely not bitcoin, or at least not at the moment.
If by knowledge you mean mining, then mining requires knowledge and money, not just knowledge.
Learning in itself is a beautiful thing, but investment needs more, and not only learning, but money.

Learning may bring you that money, and it may be in other ways, but a financial return is required to be able to invest.
Knowledge helps you to improve the chances of doubling this investment and achieving an ideal income that enables you to invest quickly.

maydna

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Those who don't have the means to start investing in bitcoin can use other methods such as joining a bounty campaign program and then getting paid in tokens from the project. After that, they can sell their tokens to BNB or even directly to BTC to own their first BNB or BTC.

Only people willing to try will get results while people with many reasons will not develop and will not be able to change their lives for the better. Do not make our limitations as an excuse.

bosede1

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I won't agree with you saying you don't have money then, my view is that buying Bitcoin wasn't your priority or preference because you have a PC and have money to access the internet showing you are not poor, maybe then you thought you need to own million before you can invest.

Topic: How not having money helped my Bitcoin journey - page 4. (Read 686 times)