Topic: Power Of Bitcoin (Read 622 times)

Now that you know the power of BTC, don't forget to also know the risk that involved because if you can be able to take the risk to buy BTC during bear run, I believe you will really know the power behind BTC. If you want to really use the power of BTC very well, learn how to keep your details away from friends and relatives because once they know your details they can have access to your wallet to steal your BTC.

 I Know that many countries will be doing what El Salvador country is doing to make BTC legal tender which they can use BTC to purchase any kind of goods and services they want to buy within the country and, Bulgaria will also experience what other countries that made it legal tender are enjoying today.

This is the first time I will hear about Bulgaria having the highest Bitcoin as a country. Is there a proof to back this up?

I believe almost 95% of people who are into Bitcoin today were once skeptical about it before understanding its true definition I was once on the exact path and you can't imagine how sad it makes me feel every time I remember it.

No, Papa Laszlo exchanged the 10,000 BTC for pizza before the first broke out of Bitcoin, and from the record that was the first transaction where BTC was used to purchase something in real life. Besides, the trade was among what triggered BTC acknowledgment and first break out.

You already have the opportunity now that almost all the leading investment companies have filed for BTC ETF which will inject trillions of dollars into the cryptocurrency market.

Bitcoin is an alternative means of payment to fiat - but its use case as a currency is still hindered by the regulations of many countries. Some countries allow their citizens to use bitcoin and adopt it as a means of payment - but in many countries, bitcoin is just a commodity asset that can only be invested and traded.

So far bitcoin has become a global means of payment - I mean bitcoin can be spent anywhere regardless of regulations. Of course there are risks to consider when you break local rules or regulations - the consequences are still there.

Before now I predicted the stuff over two years ago that bitcoin will soon become a legal tender globally, because the advertisement of bitcoin is now everywhere and it has gotten to the grassroots to an extent that many people who is entrepreneurs is even interested to receive a payment with the helps of bitcoin from my understanding of bitcoin, so people who find it very difficult to purchase bitcoin and they have already existing business they now diverts their payments to bitcoin if the customer wish to make payment with bitcoin,  the essence of that is to ensure that they have a bitcoin because they have seen that bitcoin investment is productive.

Bitcoin is now used as a medium of exchange in some organizations.Even those countries that banned Bitcoin,have legalized it as medium of exchange.Bitcoin is gradually taking over the world.Even politicians are into bitcoin investment but they appear anonymous because it is an illegal medium of exchange in my country.Bitcoin a powerful monetary it is.

Alot of newbies need to know that,  failure is also part of success and sometimes,  we need to experience something on a personal basis before we can know and understand the true lessons and how much of our time and mind we give to them, we are in an era where the majority of people are still sceptical about bitcoin and only a few of us who have taken the time to understand Bitcoin now know what exactly we are talking about in all of this,  some times those regrets are actually great lessons.

And instead of the ops to keep complaining,  I think it far much better to keep the motivation high to learn some of the other factors that he needs to learn along the way, to become a better person in the future.

Time and chances happen to everyone,  so no regret just learn and move on.

If you keep missing opportunities, you will certainly say the same word of regrets in the future, so buy now and hold it for long, indefinite years while bitcoin is still not so expensive. Otherwise, missed opportunities will remain missed until you start making an action. Bitcoin, despite of its high volatility, has never fail to surprise us with its highly appreciating value that’s bound to reach its all time high.

However, not all people have the same mindset. Some may still doubt and continue to favor fiat more than bitcoin, but if ever bitcoin will become a mainstream and majority will go for bitcoin, I’m sure no one’s wanted to left behind and will definitely rush into bitcoin even without prior knowledge about bitcoin and the crypto space.

Bitcoin is by far the better money created by humans. Bitcon is something that you have to buy every end of month, worring about to buy any amount of sats and stacking it for a long run. It's a huge mistake to compare your experience in bitcoin with others persons I believe everyone has a specific time and correct time of understading it, the future don't get at the same time for everyone. The better thing you can do for your life is buying a little amount of sats every end of month/week or day, whenever you can do it.

Bitcoin is a financial market and the financial market is like a battlefield, when someone makes money, it means someone is losing money. Not everyone will get rich or make money investing in bitcoin. We don't need to exaggerate about bitcoin, bitcoin cannot change the world and that is not its mission either. Bitcoin is just a decentralized asset, a tool, and whether we can change our financial situation or not depends entirely on how we use bitcoin.

However, I agree with you. The opportunity to buy Bitcoin is still there and now is still the best time to buy Bitcoin. By doing DCA, someone can collect Bitcoins until a certain time. He can have Bitcoin in maybe a year while waiting for the ATH to come.

It is enough just to collect Bitcoins if they don't have much money to invest in other things. Many people have proven that the DCA method is the right method for them. Just make your past a valuable lesson for you.

Before the Bitcoin price starts a long rally, you can start collecting Bitcoins like your friends. You should focus on investing in Bitcoin because it is now or never. You decide that.

I was suspicious at first - isnt that normal when unfamiliar? Like you, my skepticism turned into knowledge and admiration for Bitcoin. Peeling back complexity and understanding what makes it tick is essential.

Bitcoin is indeed cyclical. Not random guessing, but informed predictions. The market is notoriously difficult to time, but well-informed traders may make intelligent decisions. Real empowerment comes from knowledge and timing.

You're right about investing - its deliberate, not rash. Patience, focus, and strategic preparation are needed. Playing Bitcoin requires skill, balancing prudence and daring. The potential earnings are there, but they're the result of planning, not luck.

really ? Bulgaria is the biggest Holding Bitcoin country in the world? would you be so  kind to share the link about this?
Your Friend is tough and willing to risk while you are not , actually the power of bitcoin take effect on him and not on you.

all your opinion and sharing here are indeed best but suddenly you are not taking part of those so what is your plan in the coming days?

Cryptocurrency has gained so much popularity nowadays that it is gaining a lot of interest all over the world. Most of the people believe in Bitcoin the most because it is the only currency where people feel comfortable investing their money. Moreover most of the people in the world have made huge amount of money by investing in Bitcoin and people have become rich by investing here. And what we have seen is that various countries have introduced Bitcoin payment systems and various factories and shopping malls are accepting Bitcoin payments. Also, in many countries, people are now economically advanced by using Bitcoin in terms of economic status and transactions. So we can definitely say that Bitcoin is the only influential currency that can change the world and its price change will affect more people in the future.

Don't wait for the opportunity my friend the opportunity is now! Dollar cost average however much you can afford to lose and do it religiously and make sure that you find yourself a proper airgapped wallet and make sure that you keys are secure and stored properly in a very safe guarded place. You have also got to think about BTC man, stick with just that one currency and you will be good!

In all honesty there's nothing wrong about being skeptical and suspicious especially if you don't know jack about the thing that you're being sold. Years ago I probably shared the same amount of skepticism as you do as well but it was all overcame by the fact that I took the time to research and learn about cryptocurrency before outright refusing its concept, something that we clearly were different about.

But fret not, just cause your friends are able to enjoy their fair share of crypto profits doesn't mean you don't have the same opportunity to do so now. Bitcoin is cyclical, it has the power to bounce up and down in value and the only thing that you'd really have to concern yourself with is knowing when to buy, and when to sell. Ideally buying is best when the market is at its lowest so you can  buy more, and selling is when the market is at its peak. Great thing about bitcoin is that it pretty much does this on a quite regular cycle that you can pretty much predict when to buy and when to sell with good accuracy.

For me that's the real power of bitcoin. To still be predictable but be able to provide nice profits to people who trusts it. Of course there are caveats that would come with investing in bitcoin and it's not like you could just do it willy-nilly and expect profits from the get-go but if you played your cards right and you played your game as smart as possible, you would have no trouble earning money in this industry.

The party opens for everyone to join since 2009.

Bitcoin market is a free place for everyone to join from centralized exchanges to decentralized exchanges to OTC market. People can purchase bitcoins in many ways, KYC, no KYC, in person and many more ways. The barriers for people are only they don't have open-mind to learn a new technology and to see the self-destructive and self-devalued fiat currency and central bank systems.

If they see the fact, they will be more ready to join this market.

Bitcoin never closes the opportunity to investors.  It is the investors that miss the opportunity because of certain reasons like doubt, fund shortage and not trusting the Bitcoin market.


You should be specific about what cryptocurrency to buy.  Your friend might end up buying scam cryptocurrencies.  These scam cryptocurrencies are the crypto project that launches just to money grab.  They rely to hype and deceit to bait their victims into investing in their scheme and when they have enough collection, they just run away with the money leaving the market plummeting to oblivion.

Be positive, and don't regret the past. We can't change the past anyway, and that would make us upset. It's normal that at the beginning we didn't understand Bitcoin fully, so we ignored it. I am pretty sure it didn't happen with you alone; rather, it does happen with many investors. I will advise that when you realise the potential of Bitcoin, don't be late. Watch the Bitcoin chart closely and try to buy on a dip. But don't expect too much dip; I mean only when you see a reasonable buy point in the current situation. Then just hold it. I feel the DCA strategy would be better right now.

   Bitcoin is not like any other financial asset in the world. Everyone knows that it has the potential to change your life financially. However, that is only the tip of the iceberg with Bitcoin, and its benefits far exceed that. The truth is that Bitcoin truly has the potential to change the world into a better place. It isn’t a question of if, but rather when.
    The incredible thing about Bitcoin is how it can appeal to so many different people for different reasons. What makes it great and exciting to you, could likely be something completely different for the next person. However, it is all of these things combined that will eventually cause Bitcoin adoption to go mainstream and send the price soaring. The prospect of making money with Bitcoin is what gets people in the front door. There is a popularized theory that BTC will someday soon cause one of the largest transfers of wealth that the world has ever seen. And the people who are investing in it today will be able to reap the benefits. That all sounds great, but even if those dreams of riches wouldn’t come true. Bitcoin is still early in its lifecycle and there is plenty of money to be made. You may not become rich, but you can definitely change your life. Imagine finally being to escape from debt, having a house that is fully paid for, being able to have a financial cushion and no longer living paycheck-to-paycheck, or even making the idea of being able to someday retire a possibility.

The "risk" in the crypto world is basically just the fact that we are in a market that is designed to make us feel like we are in a roller coaster. However, if we can wait it out and not asked to be taken off midway, then we are going to reach our destination and it will be hell of a fun road as well.

I am sure that everyone feels the same way and some just feel too much panic and just get out, even right now all that drop made some people get out, they have been waiting for an up, and they got out, because they feared what may happen, like under 40k as well. But that did not happen, and their move was wrong, but you can't really convince those people of that neither. This is why we should be careful on what we are doing.