Not to think about bitcoin being a safe haven once more, but a hobby to save money and invest in bitcoin is also one way to discipline ourselves from buying things we don't need. With bitcoin, we are sure that our money is safe, and if we need an emergency fund, we can take it all right away.
That is why I always keep my few bitcoins safe in a hardware wallet to make sure that I have funds and considering bitcoin over banks isn't regretful for me, as I see bitcoin having more promising characteristics compared to bank transfer and transactions.
Topic: My 0.1 BTC Journey - page 6. (Read 1725 times)
That's a nice goal, setting aside some of your excess money from your earnings/salary.
That's a better decision you made than spending it with material things that won't give us financial benefits or may decrease it's value in the long run. However, realistically I won't put all my money in Bitcoin, I would also have to save some fiat money for easy access of basic necessities. Investing in Bitcoin"as much as you can" means, putting some of your excess money, but not regularly necessary.
Nevertheless, Bitcoin will give you good returns in a perfect time. 1BTC is a very good figure and most of us here doesn't own as much as that. Good luck!
That's a better decision you made than spending it with material things that won't give us financial benefits or may decrease it's value in the long run. However, realistically I won't put all my money in Bitcoin, I would also have to save some fiat money for easy access of basic necessities. Investing in Bitcoin"as much as you can" means, putting some of your excess money, but not regularly necessary.
Nevertheless, Bitcoin will give you good returns in a perfect time. 1BTC is a very good figure and most of us here doesn't own as much as that. Good luck!
Actually, you will never get out of the euphoria of having to continuosly accumulate bitcoin overtime, as long as you keep yourself intact between the knowledge and freedom you can get in bitcoin, you will never stop.
Who doesn't want to bear the advantage of having no intermediaries, censorship resistant and a non inflationary asset. Congratulations for being one of the bitcoin citizen.
Who doesn't want to bear the advantage of having no intermediaries, censorship resistant and a non inflationary asset. Congratulations for being one of the bitcoin citizen.
~snip~
Unlike those who constantly complain that the price of BTC is too high (even when it falls by 50%), some like you set a goal and move forward despite all possible obstacles. This then results in concrete results and only gives you even more motivation to move on towards some new goal. If you follow the method of investing only what you do not need for life and what you can afford to lose, then you can do it for years without feeling any heavy financial burden.
What is always important to note in such risky investments is to pay special attention to security, which means that private keys are under our control in the safest possible environment. If you already believe in BTC, then try to be your own bank - move your coins from exchanges if you are not an active trader.
Good luck on the way to 1 BTC
Having 0.1 BTC is really good enough for investment, actually even smaller amount are good at investing, once you have goal and you already reached that one, you should have other gold which is better than the old one, always make your goal higher whenever you reached the current one. We should not stop dreaming because whenever we dream, it makes it motivate to get that thing, our eagerness will push us to do so.
That is why I really want to invest my money, especially for a long term, it is very profitable, if you have an extra money, better to spend it on investment instead of spending it on some other things.
That is why I really want to invest my money, especially for a long term, it is very profitable, if you have an extra money, better to spend it on investment instead of spending it on some other things.
Have a look with this thread, a boy who has $1000 at the age of 12 and became rich at the age of 19, it would motivate you to invest your money: https://bitcointalksearch.org/topic/m.54460219
I had read the story of the boy before and that is really inspirational, hoping that all of us have $1000 in our pocket at the age of 12 lol, imagine 7 years of experience and he became millionaire, hoping that I could be like him someday. My suggestion to everyone out there is to invest as much as you can in bitcoin. Since we are in very uncertain situatoon and Bitcoin may be our new savior.
I think so too, but it's also smart to not put all your eggs in one basket, and be smart with our finances. Most of us here know what's going on with Jerome Powell's money printer and how potentially in danger the US dollar is especially in the future, but it's still smart to hold a good amount of fiat money for emergencies and for uncertainties(like how a lot of people lost their jobs since the start of the pandemic).
Congratulations, by the way. You're never going to have "enough" bitcoin. After 1 BTC, automatically the next goal would be 2 BTC. It never ends.
You are correct. The way things are going, future of dollar and other fiat is in danger. Its good to have some handy cash invested in btc.
Thank you so much for the motivations.
That's great, we should not stop dreaming to have only 0.1 BTC, in order for us to be the successful person we should dream high. But always know our limitations, being greedy would make us failed.
Investment is really good, aside of saving our money we also make it profitable. Instead of spending it on other things try to use it for investment, it would help us for our future.
Have a look with this thread, a boy who have $1000 at the age of 12 and became rich at the age of 19, it would motivate you to invest your money: https://bitcointalksearch.org/topic/m.54460219
Investment is really good, aside of saving our money we also make it profitable. Instead of spending it on other things try to use it for investment, it would help us for our future.
Have a look with this thread, a boy who have $1000 at the age of 12 and became rich at the age of 19, it would motivate you to invest your money: https://bitcointalksearch.org/topic/m.54460219
My suggestion to everyone out there is to invest as much as you can in bitcoin. Since we are in very uncertain situatoon and Bitcoin may be our new savior.
I think so too, but it's also smart to not put all your eggs in one basket, and be smart with our finances. Most of us here know what's going on with Jerome Powell's money printer and how potentially in danger the US dollar is especially in the future, but it's still smart to hold a good amount of fiat money for emergencies and for uncertainties(like how a lot of people lost their jobs since the start of the pandemic).
Congratulations, by the way. You're never going to have "enough" bitcoin. After 1 BTC, automatically the next goal would be 2 BTC. It never ends.
EDIT: oh and I forgot. Don't tell anyone how much BTC you have, both in person and online. You wouldn't want to be targeted by kidnappers and hackers.
I started my journey of gathering btc in Dec 2019, with aim to accumulate 0.1 BTC. After 6 months I managed to accumlate 0.1 BTC. My original intention was to stop accumulation as soon as I have 0.1 btc but now I think I should go for 1 btc.
My suggestion to everyone out there is to invest as much as you can in bitcoin. Since we are in very uncertain situatoon and Bitcoin may be our new savior.
Goog luck to everyone.
Edit. Many senior member asked to do share the path. I am a freelancer writer on crypto and blockchain. In December 2019, one of my client offered to pay me in btc, just for a trial I accepted his offer. It was just 20 USD but after that my primary mode of receiving payments became btc. Since in btc you get complete payment without any middlemen and within few hours. Honestly I realized benefits of btc after I received my first payment of 20 USD before that I thought its just a buzz word.
My suggestion to everyone out there is to invest as much as you can in bitcoin. Since we are in very uncertain situatoon and Bitcoin may be our new savior.
Goog luck to everyone.
Edit. Many senior member asked to do share the path. I am a freelancer writer on crypto and blockchain. In December 2019, one of my client offered to pay me in btc, just for a trial I accepted his offer. It was just 20 USD but after that my primary mode of receiving payments became btc. Since in btc you get complete payment without any middlemen and within few hours. Honestly I realized benefits of btc after I received my first payment of 20 USD before that I thought its just a buzz word.
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