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Topic: My crypto/Bitcoin advice. - page 3. (Read 502 times)

hero member
Activity: 882
Merit: 507
September 17, 2022, 03:48:00 AM
#3
All that you mention is also the description of other altcoin too like Ethereum and other Blockchain based coins. There’s no point on depending your life on a volatility asset while you can have a stable source of fund to support your life through normal jobs. Don’t make your life miserable just to ride to the trend of Bitcoin. Just invest what you can afford to lose and focus to your real life. Don’t use Bitcoin to escape from your reality because Bitcoin can’t save your financial freedom if you don’t any initial capital to begin with.
Of course,  sir you are right and your view are not different from mind may be in the use of words! but the message is the same.
I try as much as possible to include all aspect but in the area of entire cryptocurrrncies which encompasses all other blockchain based tokens/coins. And one can build a normal job through Bitcoin it all depends on the sacrifice one is willing to pay to attained that position. One of the way to measure stability in life is having a steady flow of income and having the resource to push through life expectancy, i have seen individual building a life round Bitcoin but that doesn't mean their dont invest in other sectors like real estate there is need for diversification, but that does not eludes the fact that Bitcoin is an hedge above inflation.
hero member
Activity: 1022
Merit: 525
🇵🇭
September 17, 2022, 03:24:49 AM
#3
All that you mention is also the description of other altcoin too like Ethereum and other Blockchain based coins. There’s no point on depending your life on a volatility asset while you can have a stable source of fund to support your life through normal jobs. Don’t make your life miserable just to ride to the trend of Bitcoin. Just invest what you can afford to lose and focus to your real life. Don’t use Bitcoin to escape from your reality because Bitcoin can’t save your financial freedom if you don’t any initial capital to begin with.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
September 17, 2022, 03:10:50 AM
#2
You can depend your life on Bitcoin that is why Bitcoin is referred to as decentralized and independent!
I have read so many comments on how risky it is to depend your life and finances on Bitcoin even on this forum some members have made such wrong comments without adding any explanation to what reason it is to make such comments and assumptions thst can mislead newbies  and building a wrong minset in some of the established members of this forum and some other cryptocurrency communities,
I think it is just how to convey to people that bitcoin is a speculative asset in short term, but the fact is that bitcoin is a hedge against inflation and a store of value in long term.

bitcoin is an industry which is why knowledge is an important tool to have a sustainable life in the industry knowing what to do alone have helped you solve half of your problem.
Bitcoin is an asset, a digital currency and money.
hero member
Activity: 882
Merit: 507
September 17, 2022, 03:00:57 AM
#1
Greetings to the entire Bitcointalk community, this thread is motivated by personal experience with cryptocurrency (Bitcoin).

          Introduction:
You can depend your life on Bitcoin that is why Bitcoin is referred to as decentralized and independent!
I have read so many comments on how risky it is to depend your life and finances on Bitcoin even on this forum some members have made such wrong comments without adding any explanation to what reason it is to make such comments and assumptions thst can mislead newbies  and building a wrong minset in some of the established members of this forum and some other cryptocurrency communities, let me educate you, that is a wrong assumption of Bitcoin and the entire cryptocurrency anyone still believing that is on the wrong part, we have so many aspects in Bitcoin that one can build a stable life with, both in the technical aspect and theoretical terms.
Bitcoin is a financial giant that encompasses so many scopes let's say e g bitcoin mining farm it build a long-term technical knowledge in the operators and exposes your to latest technologies or setting up and exchanging both peer-to-peer and centralized trading exchanges this can give you a long-term goal that will last you a lifetime, bitcoin is an industry which is why knowledge is an important tool to have a sustainable life in the industry knowing what to do alone have helped you solve half of your problem.

Have a pleasant weekend!
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