Topic: Inflation may have driven me to this, bitcoin has the power to reverse it - page 2. (Read 295 times)

If you see that it would be challenging in your line of work to be old then I guess you better prepare yourself for what is coming.  It is either look for extra income or invest your money in a profitable venture.  It maybe the right time to invest in Bitcoin and wait for 10 to 20 years from now and you'll see how our life will be changed.


Savings won't make anyone rich since the money that is kept does not produce any income.  It is best to invest it to somewhere that can enable your money to bring your more income.



True that, investment produce more profit than savings, but obviously it has its own risk that you have to minimize.



Well as you stated, it is not too late to get involve and invest in Bitcoin.  As a matter of fact, the industry is still very young and the global adoption is yet to be achieved.  This means that in due time when everyone is accepting Bitcoin, we might see Bitcoin price surge to 10x or more making our investment today to have 10x purchasing power.

It’s never too late to buy bitcoin, you are still earlier than the majority of the world population. It’s never a bad time to buy bitcoin & preserve your wealth. One thing is certain, keeping your money in $ leads to annual theft by your government under the dark cloak of inflation.

Buy bitcoin & hold for many years to easily defeat inflation.

Why didn't you notice before? Investing in gold is also a wiser choice than just expecting to profit from the interest offered to you from the bank. I think you're just too late in the world of opportunity that surrounds you.

But still, guilt won't do you much good if you don't start changing your mindset about how money can be money. Of course investing is a very wise choice to be considered by anyone wherever they want to do it. Now that you are sure about bitcoin you want to be one of the investors, keep it for the long term, it is a better option than investing in gold.

Do it for whatever amount you can afford to lose, and never be tempted to get a quick return from it without risk and price volatility. Buy and hold your bitcoin long term, then you should also know how best to secure them.

This statement is almost true for every country. Also in my country usd rate was below 100, but now it is a little over 100, but bitcoin is around 30k USD now. Some people will always argue but bitcoin and its holders will gain wealth over time.

In 2010 a dollar was exchanged for 151.15 of my local currency. Today it is exchanged for 460.53 in the Central Bank and over 750.54 in commercial banks. Bitcoin price was less than a dollar in that same year but the price reached $30,000 this year. I have heard people argue that Bitcoin is not a good investment to tackle inflation, but they are wrong using my country as a case study.

@OP you are not late to the Bitcoin party because there are still so many activities on the program. The Bitcoin project is eternal and you are fortunate to have located the sector. I was introduced to Bitcoin many years ago, but I didn't pick interest because I thought it was a scam. It's painful to neglect the sector then but I know there are still better days ahead. I am sure that ten years from now, hopefully, you will be glad you invested.

Always focus on a positive mindset towards your life, as being unhappy won't make any positive changes. Instead, focus on your future and learn from your past mistakes. It's important not to dwell on the past but to use it as a learning experience. If you find yourself regretting not investing in Bitcoin 10 years ago, remember that it's not too late to start investing now. Simply saving your money in a bank won't increase your wealth, you need to invest it wisely. Bitcoin is currently below its all-time high, so it's a great opportunity to research and consider investing in it or other similar opportunities. Keep an open mind and explore your options.

Don't save money. It will never lead you to becoming richer. If you're not much obsessed on becoming financially sovereign and beyond, at least convert your savings to something that doesn't take much time to get involved with, like bitcoin. Definitely better long-term option than keeping the fiat. Interest rates are laughably scanty.

Don't expect to catch the lowest price. Jump into the train and enjoy the ride.

In my opinion, investing can be a powerful tool for growing your wealth and potentially countering the negative effects of inflation meaning that by investing your money you have the potential to earn greater returns than you would receive simply by keeping it in a savings account with low interest rates. .

Moreover, the reality of today's financial world is that investments, including Bitcoin, have experienced substantial growth over the last decade. While it is not possible to go back in time and invest in Bitcoin 10 years ago I think there are still opportunities for growth and profit in today's market.

Because of this, it's important to approach investing carefully with a long-term mindset. No investment is guaranteed, and it's important to research thoroughly and understand the risks and benefits of each opportunity before making a decision.


I think you have the potential to see success with Bitcoin based on information about your financial future. There is a strong motivation I see and it is very normal to feel frustrated when things don't go according to plan but this is where the stepping stone begins, To take control of the situation and use it as motivation to make positive changes and if there is a plan Delay is not denial.

This is the regret that every late bitcoin investors always have. It is not too late to invest into bitcoin and still make profit from it. Banks are only there to use your savings for their own personal business to generate incomes for themselves and at the end they give you peanuts as interest for using your money,without your concept.

Bitcoin investment is resistance to inflation,unlike fiat currency and the government wouldn't want to accept this fact because it wasn't their creation. So many people have regretted keeping huge amount of money in banks for a long period of time because inflation has devalued their savings. You shouldn't see bitcoin as a get rich quick project,but see it as a store of value to secure your funds. So that you don't get worried about the fluctuations in it's price.

As a newbie, you shouldn't rush into trading to avoid loss,you should learn about it,have the knowledge and your own trading strategy before you go into trading. For a start only trade with the money that you can afford to lose,to have the experience.

Early investors have made it through with bitcoin and till now, it's never too late for anyone to also invest, it is better to have your money in bitcoin and keep because it will have the opportunity of growing and make interest than having it in bank with centralized institutions, if you invest today, you will still have a better tomorrow.


Be only eager to invest and nit being aggressive, rather concentrate on your investment and monitor it, have your asset on a decentralized wallet, hodl for some time and you will make the best out if it, it's never too late, if you invest today and bullrun occur next year, you have a better chances for making your own profits realization as well because we are likely to have bitcoin price surges to about $100k beating the all time high of $69k,so it's never too late investing today.

If you are not satisfied with the level of your achievements, then try to fix it. Change is impossible without trying.

Need to be content with what you have. Many don't even have that.

Not all bitcoin investor stories have happy endings. Many of them made various mistakes, because of which they lost their btc (= money). Forever. Therefore, the past should not make you unhappy. It's not a fact that you would have been able to keep btc all these years. Take it philosophically: you learned about BTC and encountered BTC when you were ready for it. Not earlier and not later.

Exactly. Such phenomenal profitability from bitcoin, as it was in the initial periods, will certainly not be. You shouldn't be sad about this. With btc you can increase your wealth even now - thanks to high volatility and high returns.

Those who are looking for opportunities will definitely find it.

Banks interest rate is a dream killer, it's never going to bring a noticeable impact into your life than regrets, that's even if you know that there are better alternatives like Bitcoin exists, some people don't know what Bitcoin is in my country, you mention Bitcoin they will ask you what that is, lol, this is a sad lesson you learned mate, but I have good news for you, it's not too late to invest in Bitcoin, and be thankful that we are still in a bear market, so you still have some months left to go, start accumulating now with what you can afford to lose, also please understand that Bitcoin is a highly volatile asset, riskier than stocks.  

Everyone will certainly be biting their fingers now that bitcoin is finally that coin after missing out on the early days. But I tell you it is for the best sometimes for some people. How would you be feeling now had you invested in bitcoin but you lost it without proper knowledge of safeguarding it, since it was easier to get scammed or a wallet got hacked then. No need to worry but just appreciate that you have found out now which would still be early for some in the near future.

Although aside bitcoin I would say you made a mistake of holding on a large fiat for retirement. Even before the knowledge bitcoin became widespread many people actually invested their retirement savings into ROI that had store of value. One of the most popular ways then/now is to open up a business that could bring even a little profit with this not much of a large amount will be in fiat.

Regardless it still not bad to start with bitcoin but do not invest all of it in bitcoin and be expecting to make huge profits in future, although we all could agree that bitcoin would have a price in years to come. But there isn’t full certainty what period we will face during your retirement days and when you need your savings, as there still certain things that determines bitcoin price every time and not just the halving and it’s supply

Just a simple question that it answer could help you relaxe a bit on yourself, as far back as 2009 when bitcoin was first lounched did you know about if?

And even if you hard about it, do you have have the fiancials knowledge that could male you take the risk of investing in bitcoin back then?

So if your answer to any of the above question (NO) it then means tou cant blame youself too much, there is no doubt that you have misssed out on the many profits that comes with early adoption of Bitcoin.

But being too aggressive on bitcoin now that the price is relatevly high may be a bad idea and you need to apply caution while putting your money down to avoid buy at high price, so you need to buy low in other to.make a exceelent entry that could lesson your risk level.

Keeping your money in the bank is like stocking your money up for inflation and the general meltdown of its value and since the bank doesn't give you good profits even on fixed deposits it then means making and having an alternative investment option is the perfect choice for long-term retirement plans. And bitcoin has given us that great opportunity and there is no time that could be late to buy some Bitcoin, you can start accumulating today and in the next 3 years from now, you would have stashed enough Bitcoin that could aid your early retirement.

The questions "Why me" and "Why not me" are applicable to every sector of life. Regretting not starting an investment with Bitcoin over the past year because you consider your savings wasteful is really unwise to me. Would you have had these thoughts if Bitcoin were not to be as successful as it is today? Did you not also think of it the other way around, like the people who invested in some scam projects and lost all their retirement funds and all their life savings because they made the wrong investment choice? If you were in such a situation, your question could have been, "Why you?"

But if the investment is to be favorable for others, which is not you, your question now will be, "Why not me?"
What I am trying to say in essence is that you don't have to regret any action that you have taken in the past; concentrate on how you can make things work out with the opportunities that you have. Leaving regrets over the past will eventually make you take a harsh decision. 

Since you have decided to start buying and hodling some bitcoins, keep it up. And don't ever regret not buying from the beginning; if everyone bought Bitcoin back then at the very beginning, I don't even think most of us would be able to hold some pieces of it. Everything regarding the journey of Bitcoin contributes to where it is today. 

Considering my age, it gets me unhappy with the level of achievement I have so far. I am not the poorest person on earth, just the same way I am not the richest, I categorize myself as an averagely comfortable person. The financial empowerment is affecting me mentally, it is not enough. I checked the lives of old people in my line of work and also in other line of works and see how challenging it could be at the old ages. It can be more if the children of these people are not doing fine financially.

Thinking of the future ahead, I started making aggressive savings apart from my pension as far back as 15 years ago keeping my money in the bank and depriving myself of so much benefits. Regrettably inflation has ruined this money for me. When I think of the 15 years I saved the money, it makes me unhappy. Learning that bitcoin started in 2009 and could not make a cent from it is another recent source of sorrowful thought these days when I read online about success stories of bitcoin investors.

The recent reality makes me see it that investment is better than keeping money somewhere for a little interest. The story will not be like this having bitcoin bought over 10 years ago.

This is not going down with me, it is me that will not let it break me. Delay is not denial,  i must make money in bitcoin henceforth. It is making me aggressively learning how to make money through investments and bitcoin is my top choice for trading and holding.

Not so late for any newbie like me also, face inflation with bitcoin but be smart with it.