Topic: I want to fulfill my mother's dream of building a house with Bitcoin. - page 5. (Read 1507 times)

Easier said than done. You mentioned you’ve already learnt enough to start trading and you would later invest in and hold bitcoin from the money gotten through trading. You also plan to invest and hold even more with accumulated funds gotten from signature campaigns.
Have you got enough money to comfortably keep some aside for trading? You’re making plans for money that hasn’t yet been achieved and that is a major flaw in your plans. You should start by working and saving up money that can be safely and comfortably invested.

Your dream doesn’t sound all that ridiculous btw. But only prayers isn’t enough to fulfill yours or your mothers dream.

Hey OP!

As we have our respective dreams to fulfill, if we have the determination and patience, then all can be made possible. With the rampant increasing of prices on the market, BTC is considered as a combatant against inflation due to its high store of value. With this, it is definitely ideal to at least make it as your investment for long-term.

We can definitely reach our dreams and achieve greater heights as long as we remain consistent on this venture. Many of us in this forum have already reached their dreams due to this wonderful creation and it is just about time where we meet ours.

Definitely best of luck to you OP and I hope you reach your dream of building your mother's house with BTC!

Once airdrops used to be a big source, and now things have completely changed. However there are people getting lucky to earn big out of the airdrops, so it is good to keep ourselves active into airdrops. Maybe someday we can be one among the lucky users.

As suggested we shouldn't limit ourselves. We should make use of every opportunities, providing the service based on our ability in exchange for bitcoin helps in earning little money. This also helps in reaching the dreams at the earliest.

Above all, if you go through the job portals it is possible to find more opportunities for blockchain developers. If you were able to make yourself good in it, this is gonna be life changing.

There are many more ways you can make money in crypto, or even utilize your skills such as being a manager, a website developer, or a blockchain application developer if you are a programmer.

Or easier if you are an activist of digital art or handicraft art you can participate in many contests that are on Bitcointalk, it can make quite a lot of money.
Don't just get hung up on trading and investing because it completely requires capital.

I even raised capital from some art contests, bounties, airdrops, etc.
So the capital for trading and investment is earned from the work I do on Bitcointalk.

Bitcointlak forum is a complete package, you can find any job here.
Who is able to compete will get a place to be able to make a few dollars.

Exactly, op has to do his own and leave his mother for her to complete because the time he is saying is still far because he made mentioned of his father's age which is a old man and if the father is an old man the mother too has aged. And the mother might not come and see her dream her house but the son will fulfill it. Though he has a good ambition to develop the family. It is only few fathers that would trained children in school and asked for return. Many of the parents send children to school to acquire knowledge to cater for themselves not to return what they have spent for you. But some children are exceptionally good so they understand that it was their parents that sponsored them in school so when they finally have money they take care of the aged parents. So we are expecting you to be the good one.

So simple as it may seem. Building a house with bitcoin investments. I'm curious as to how much money you have gained from the crypto trading that you did to invest in bitcoin, which has led to your desire to invest in bitcoin to build a house from it(the amount of money you invested in bitcoin should be enormous, if I may say).

Some of the crypto enthusiasts who came before you haven't succeeded in building their own house from their bitcoin investment, but you aspire to do so. That's great, but resist the urge to invest money you can't afford to lose and any of the hype surrounding bitcoin to reach a million price during the bull run. 

In any case, I'll just wish you well as you prepare to use bitcoin to finance the building of a home. But bear in mind that it will take time for you to realize this desire. It could take years for it to materialize. So be patient as you are going to hodl your bitcoin asset in your crypto wallet

You have a great dream, and I wish you could see it accomplished, but know that Bitcoin is not a reliable way you can make more money to build a house and start living a comfortable life. I am not saying that you can't make enough money through bitcoin investment; it is very possible you can make reasonable profits that can build the house of your wish if you can invest a huge amount of money according to the 4 years you started, but also know that Bitcoin also involves risk, and it gets to our attention that anything can happen due to the volatility nature of Bitcoin, and again, if you are not careful enough, someone can still lose it if it is not properly secured.
 
As a newbie giving yourself some years you want to make in the crypto industry, I don't think it really works that way because even expert traders in the cryptocurrency industry cannot actually predict whether they will make much from it because nobody controls it. So if nobody controls it, how will you state the years you want to spend on the crypto industry and make it? And again, trading is not an easy way for people to make more money. If it's so, a lot of people should have become rich through trading. I will advise you not to rush to make it through the cryptocurrency industry if you regret it later.

If your dream is to build a house with your earnings and profit in.bitcoin that's fine, but trying to accomplish your mothers dream, looks as if you don't have a goal you want to achieve, you should have your own plans, work on them, make sure you strategize very well to make them a reality.
What do you want as a person, if your plan is to build a house through the profit you make from bitcoin fine, but you should also know that you must endure, because profit might not come as you may expect, bitcoin investment is an investment of patience because there are downtime when you have to face any wave that may arise, I think when waiting for your investment to mature also do other things that will make you make more money to offset some bills and probably save from it too.

All dreams can be achieved through Bitcoin, not just the dream of building the house that your mother dreams of. It is beautiful that you are now on the right path to achieving this dream, but just walking is not enough. This dream requires a lot of effort and time to gain sufficient experience and information and use the right strategies and tools for your trading and investment journey through reliable sources. Your personality must also be patient when market conditions are not good, and have the ability to control your emotions and manage your capital carefully, there are many things that must be taken into consideration. In addition, you must have complete certainty in the future of Bitcoin and be prepared to invest and hold your investments for the long term & Don't be upset by the long wait and avoid during your journey FUD, which you will encounter often.

Bitcoin will change your life for the better, as it is a currency that has been widely adopted and has a huge fan base, superior market value, etc. However, you must have good capital and become a successful investor and trader and only risk funds that you are not afraid to lose and use important techniques to protect your capital, such as a stop-loss.

Yeah, when we talk about sacrifices and what our parents have done for us, normally, we don't seem to be able to repay it all. Because we also really understand that after becoming parents, even this is not much. So the desire to continue to give the best and make parents happy by fulfilling their dreams is a normal thing to do. But believe me, actually, they will never force it all. However, as children, we really want to make our parents' wishes come true, whatever it is, if we can still do it and that is a good thing.

In this case, we ourselves can measure our abilities whether we can realize this dream or not. But what is certain is, don't promise it all. Just ask for blessings so that one day you can realize your parents' wishes. Because after all, building a house definitely requires a large amount of money. This is not impossible, it is very possible, but it will definitely require higher efforts. As long as you don't have a family and you can still realize those hopes, the road is still wider open. Investing in Bitcoin is one of the things you talk about. This makes sense. With Bitcoin prices currently still dropping and you can collect more Bitcoins again during bearish periods. When bullish, the hope is that investment will double or triple. But make sure that you are not too greedy to take profits so that you might miss the moment.

Ops never mentioned that he go into trading to actualize his dream and from the look of things,  I thing ops should concentrate more on learning a skills in real life first because at some point,  Bitcoin should be taken as an alternative investment since it market is highly volatile and unpredictable.

Taking Bitcoin as a means for getting rich is possible but still requires a lot of hard work and patience to be able to make a life-changing profit from Bitcoin investment and you must be ready to hold Bitcoin for a long time before being able to make significant profits at such and also your amount in investment determine how much profits you make from Bitcoin also.

Hmm, that's the key point you have discussed, my dear mate. There are many people who think the cryptocurrency industry has only two ways to get a profit: trading and investing, despite the fact that there are a lot of modus operandi beyond anydoupt that can easily fulfill your dreams and those of your family too. But who is aware of those methods that have the ability to bring a profit, so they are joyful to make a huge amount of profit? Personally, like you, I also participate in IDO's and make a huge profit by myself. Besides that, I also take part in stakes and airdrops. So it is true that only relying on trading and investment is not suitable for profit-hungry people, while you have to do more seeking about profit-making in cryptocurrency because you have family who see to it that you should be the one who has to earn for them to feed, buy a space for living, and fulfil their dreams.

So, it means that you should not depend on only a limited number of things to make money, but you should make your way to everything that will help you to profit. If you see this forum in the same context, you can earn more than that, which can provide you with the dream of a fulfilling life.

Every person has dreams in life which many can achieve and many cannot. But for those who dream realistically, it becomes easier to realize their dreams. It is possible to implement whatever you have planned. Also there are many who never thought their dreams would come true but at some point they did. First a man must dream.

Now come to the point why I am giving priority to realistic dreams. If you do a normal job and dream of building a large mansion with the salary of that job, it's like a dream to me, which is difficult to do in reality. But if you put your money in Bitcoin, that money can turn into a huge asset that has real potential. Moreover, many who held Bitcoin until 2021 after 2017 have reached their goal today. So if you put in the effort and if you keep collecting bitcoins for a long time you will surely realize your potential.

Reading some of the comments from some of the members in this thread,
everyone wished her the best and thought it was a noble dream.

But when you say you joined Bitcoin to fulfill your dream, you certainly shouldn't say that.
The truth is that you joined the Bitcointalk.org forum to build your dream with some necessary knowledge and become a good contributing member.
Not just from trading Bitcoin, because you still don't have enough capital.

Improve your quality in this forum and prove that you can be a good member, then you will get the benefits.
Expect to trade and invest in 4 years, it requires capital and good trading experience.
Even if you earn some profit from your trading, it is still not enough.

I also had the same dream back then, wanting to buy a house for my family.
In the end, it came true, having good investments as well as joining some successful IDOs made me earn a lot of money and was able to buy a house.

So don't just get hung up on trading and long-term investing.
There are many projects that you can participate in and maybe some of them will bring you great profits.
The most important thing is not to give up on the situation, everything will definitely have a way.
And don't expect prayers from others, you only need prayers from your parents, that's all.

I do agree that it is a noble and amazing dream and should be something that would be nice to do. I would love to do the same, well my parents own their houses so it wouldn't be to buy them a house but I would love to pay all my mothers debt. That would be great and it is not like it is a huge amount, something like a grand would help her with all her debt, probably a little lesser but I am not sure how much it is.

I try my best but life throws costs and expenses at my face every month so not only I fail to save sometimes, I actually have to sell my bitcoins to pay for them. I am still happy though, because I do not have THAT much debt left, and that means life is getting back to being much better for the past two months. After this month I think it will be doing much better.

Building a house with bitcoin & fulfilling your Mothers dream is definitely not ridiculous. If you can provide something like this for them after they made so many sacrifices to help bring you up then it is certainly not ridiculous, it’s close to heroic. If you can do that for them & yourself, you are close to putting on a cape with a bg S on the back. Just make sure you provide for yourself & any future family that you may have. Help them but ensure you are able to make a dream life for yourself too.

It will for sure because I can see the eagerness in his eyes. I have heard many stories like this which ends up as a success. Sometimes it's better if we have an inspiration and we dedicate what we are doing to our loved ones rather than to our personal self only because the effort that we can make are much better. Trading can be time-consuming but there is a bot that he can use. That way he can still focus on his studies.

As for investing, this doesn't need an active monitoring. I know this sounds crazy but I think it's true that skills can matter the most more than education (I'm mostly referring to the higher ones) because obviously will need the basic one in order to know to read and write.

Not going to lie this is the best advice one can give. I have experienced this, and I can say from experience that a demo account is never the right choice. When I first start trading I had an account with thousands of dollars worth of Bitcoin in demo account. I started that in order to learn but trust me it didn't go well. First I was concentrating on sticking to the rules and all of that, but those random ideas were coming in my mind. I was making more profits than loss in that demo account. So I thought why not put all of it in one go and use high leverage to see what happens. Didn't use any stop loss or any risk management whatsoever. And in that process I made a profit again. It was huge. Then I thought why not do the same thing again. So I put all of it in trade hand with the highest leverage possible. And I've lost everything. And one thing that I have noticed that the demo account does not act the same way the real crypto market does. Sometimes the price are not the same and based on your open trades it could fluctuate to give you an advantage or to put you in loss.

So there's no other way to learn to trade then using real money to get the real experience. If it was my real money then I would have never done that. But I have learned to listen from that demo account. And I still follow that rule that I have learned. You can get the idea of basic trading through demo account but not the real experience that you need in order to trade in the big market.

Maintain your belief in achieving your ambitions. As long as you're taking steps to work towards them, there's a possibility of realizing your goals. It might not happen quickly, but in the long run, it's achievable. Just like how Bitcoin progresses, if you're invested in it, you can ride its success. You don't necessarily have to invest all your hard-earned money in Bitcoin; there are plenty of alternatives, such as earning Bitcoin online. All you need to do is identify an opportunity, and given the vastness of the online crypto world, you're likely to come across one.

It can be beneficial to hold onto your investments and engage in day trading. Bitcoin's high volatility presents daily opportunities, and with trading skills, you might be able to increase your income substantially. This way, your dreams could become a reality sooner than you think.

If there are lots of smart people, I wonder if at the highest price there will still be people who will buy it. If no one is buying then a price increase looks rather impossible. Even though the law of supply and demand should still apply. As confidence continues to increase, I am always optimistic that the price of BTC will continue to rise. It will be difficult for us to predict the market because it is always fluctuating. It's possible that today's economic situation is different. There are new challenges when the economy is bad, investors will be wiser in investing and basic needs.