Topic: What are people doing except holding Bitcoin? (Read 1069 times)
There are many things we can do except holding our coin which had given investors the opportunity to stake what they have and wait when they think they can sell it or use it for something else. We can trade our coins to make extra profits but that depend on if we have skills in trading the crypto market. Trading is not meant for everyone so we just have to stick to what we can do best
This is the rightful time for someone who want to become a billionaire in cryptocurrency to buy a larger amount of coins or bitcoin and hold for 2 years or 1 year and 6 months interval so that when bitcoin enter into bullish market it will make a profit so holding bitcoin is the best investment so far even that is more qualified than trading of Bitcoin
I know a friend who invested his profits from Bitcoin to get an MBA from a good B School. I know people who came out of poverty with the help of Bitcoin. I saw here people who saved villages with what they earned from Bitcoin. So yes while people are hodling Bitcoin. They are doing much more.
I guess long term hodling of bitcoin is still the most basic and probably the most profitable too. One can actually get out from poverty if he is capable of managing his investment in bitcoin. And while most are into long term hodling, others are also diversifying their portfolio through selling some of their bitcoin and use to finance other investments like gold or real estate. That way, multi sources of profits will be more visible in the future.in other words this can only be done for people who have other incomes not relying on profits made from crypto in a short time. they will continue to buy Bitcoin to be stored for a long time, this is exactly what they do like saving for the future because they are optimistic that Bitcoin will be higher in value.
what people do if they have bitcoin is SILENCE, they prefer to be silent and enjoy the results of the bitcoin itself without being conspicuous / showing off to everyone.
no need lambo, luxury house, for me financial peace is enough for me
but it all comes back to their respective thoughts and lifestyles
no need lambo, luxury house, for me financial peace is enough for me
but it all comes back to their respective thoughts and lifestyles
I believe that a person who comfortably has Bitcoin can easily dedicate himself to another type of business, perhaps real estate, or forex trading, I have seen many investors and traders diversify their money in gold, and in the speculative markets, this is undoubtedly the The best way to have money, and the best way is to move it, money must be moved, it should not be stagnant, if it stagnates it can lose value, it is always good to keep up with all the market styles that exist and that we can enter, For me, those who have the most bitcoin are very calm and their life is very pleasant, because simply, the person who has Bitcoin believes in technology, knows that the economy is dynamic and of course his strength is constant investment.
A large number of people have moved from low to high levels by holding Bitcoin. Many politicians like governors, senators, presidents,Etc. Politicians have earned massive amounts of income from decentralized currencies and business success as their income.
When the price of bitcoin is very low they hold bitcoins and when the price of bitcoins become high they sell them and that is how they and the politicians are making money which is one of the pundit sirs as income. Their bright future comes only from the decentralized currency and they are very successful in business and now they are accepted by the society as millionaires.
When the price of bitcoin is very low they hold bitcoins and when the price of bitcoins become high they sell them and that is how they and the politicians are making money which is one of the pundit sirs as income. Their bright future comes only from the decentralized currency and they are very successful in business and now they are accepted by the society as millionaires.
The people that you're describing in your OP is just a few people, don't generalize every bitcoin whale out there, the reason why we see them more often is because they're more outspoken and they're more likely to be seen in social media platforms compared to other bitcoin whales that are far more richer than them and more low key.
they will probably buy it back after selling it above $60k and I know they will wait for the price below $20k to buy it back, usually people who are long in bitcoin and hold it are not that easily lulled by their wealth throwing their money away, of course they will spin the money them to multiply profits
this will be done by the holders after they sell at 60k will definitely buy back when btc is below 20k and they wait until the value of btc gives doubled profits, but all need patience if you want to get the maximum
I hope you joked about "cash out" Bitcoin. And he meant to sell some parts for dollars and withdraw them already.
It seems to me that people who are now wealthy thanks to Bitcoin are looking for new investments, just as they were looking for investments in Bitcoin in 2014. That's what I would do.
It seems to me that people who are now wealthy thanks to Bitcoin are looking for new investments, just as they were looking for investments in Bitcoin in 2014. That's what I would do.
Go scuba diving, gym, gym bunnies, ride the bike.....
Those who have money need more money. Because the more you invest, the more money you can earn, but there is a type of people who cannot afford to invest. Such a person just wants to be big because if you invest 1000 dollars and dream of 5000 dollars then you can be a big man in the last age. It's sad that you can't enjoy your money and your life will end up waiting.That's why I can say for myself that no one has ever been able to make great videos or become rich with little money. He who has money is rich.
So, I bought bitcoins when it was just over $300 per coin.... and I sold some of those coins when the price reached $1000 and then again at $18000 and then again at $40 000. It gave me a good boost, because I could use that money to pay off some of my debt and also to pay for things that I needed.
Now, I still have a full-time job... and lots of expenses that needs to be paid, but it is much less than the debt that I had. I can actually breath now.... and enjoy life more than when I was just a little mouse in the debt wheel.
Well, if you have taken advantage of everything that has to do with the benefits of bitcoin, now as we see in the market it is very likely that a new ATH can be given, of course this is something that we do not see so often I learned a little about bitcoin late, around 2017 but I still studied and the country where I am I work full time with animals, and I go to some countries doing vaccination days for cats, dogs, and it is really a very rewarding job because it feels good when you see the animals get better, see that you do them good, and also see the happy face of some people for their animals.Now, I still have a full-time job... and lots of expenses that needs to be paid, but it is much less than the debt that I had. I can actually breath now.... and enjoy life more than when I was just a little mouse in the debt wheel.
Frankly, the prospect of changing my life always excites me. When I look at myself in the long future, I don't think I can make much money, at least with my current lifestyle. But bitcoin is always an investment that can make you money.
I said it a million times and I will say it another million times, guys you do not have to do anything with it. Just realize that you are doing fine and you shouldn't really focus on doing something. Just make sure that its doing fine by holding it and long term holding will make you rich, just keep on holding as long as possible and you should be fine. I am not saying don't do anything else with it, all I am saying is that you do not have to, which means that people who are fine with holding and getting rich long term could do that and they shouldn't feel obligated to do anything else with it.
It's not about who holds the most bitcoins in his wallet, as you said, as long as we have some bitcoins in our wallet, we are in good shape and I think is safe to say that we need to put some chunk of our savings into bitcoins or more than that as long we afford to lose it and we're saving it for the future. Because we all know when they finally realize that bitcoins will be the answer to the Bank's restrictions and regulations, people will not leave a single cheap bitcoins in the crypto market. you know what I mean, the price will skyrocket and it will be those who bought early will gonna earn much.
Ever since I got to know or get involved with bitcoin all I feel is peace and freedom in life especially in finance which lasts till now and I really enjoy it, and I haven't achieved what the OP said nor am I interested.
and the most important thing for me is i still have bitcoin and it keeps increasing gradually according to my ability i will buy small quantity every drop, and i will use it if i really need it and use it as needed freely i use it and also peace because I have bitcoins just in case something happens to me or happens with money related issues, and it's real.
and what i think is how i can continue to have bitcoin and gradually increase even though i use it when i need it, because bitcoin will be more useful in the future, for my old age and children in the future.
and the most important thing for me is i still have bitcoin and it keeps increasing gradually according to my ability i will buy small quantity every drop, and i will use it if i really need it and use it as needed freely i use it and also peace because I have bitcoins just in case something happens to me or happens with money related issues, and it's real.
and what i think is how i can continue to have bitcoin and gradually increase even though i use it when i need it, because bitcoin will be more useful in the future, for my old age and children in the future.
A cup of coffee and a cigarette in the morning is the best time to imagine what I can do with bitcoin. I'm not rich because of bitcoin, but bitcoin has made my life worthwhile so far - I haven't forgotten that it's a gift from god.
I don't depend on bitcoin for a happy life, bitcoin is just something but I'm so grateful to know bitcoin. The standard of living has started to improve since I learned about bitcoin, but again it is nothing more than a useful medium for financial systems and investment or trading assets. I want to have a lot of bitcoin, but of course I still have a lot of constraints about funds. So I have to be ready for this investment even if it's only a few dollars a month, it should be good for the long term.
I don't depend on bitcoin for a happy life, bitcoin is just something but I'm so grateful to know bitcoin. The standard of living has started to improve since I learned about bitcoin, but again it is nothing more than a useful medium for financial systems and investment or trading assets. I want to have a lot of bitcoin, but of course I still have a lot of constraints about funds. So I have to be ready for this investment even if it's only a few dollars a month, it should be good for the long term.
I guess long term hodling of bitcoin is still the most basic and probably the most profitable too. One can actually get out from poverty if he is capable of managing his investment in bitcoin. And while most are into long term hodling, others are also diversifying their portfolio through selling some of their bitcoin and use to finance other investments like gold or real estate. That way, multi sources of profits will be more visible in the future.
There are other holds that are more profitable than btc as what the altcoiners have said. It's based on their experience but for me, as my personal choice of holding bitcoin, it is what has brought me the most profit of holding it and then selling for a few.The keys that you've mentioned are ways of diversifying. As people hears that strategy and word, they're all thinking to diversify into different altcoins but it's not the only way of doing it, there's the other investments like you said, mainly one of the best is real estate.
I know a friend who invested his profits from Bitcoin to get an MBA from a good B School. I know people who came out of poverty with the help of Bitcoin. I saw here people who saved villages with what they earned from Bitcoin. So yes while people are hodling Bitcoin. They are doing much more.
I guess long term hodling of bitcoin is still the most basic and probably the most profitable too. One can actually get out from poverty if he is capable of managing his investment in bitcoin. And while most are into long term hodling, others are also diversifying their portfolio through selling some of their bitcoin and use to finance other investments like gold or real estate. That way, multi sources of profits will be more visible in the future. But what are rich Bitcoin people and aspiring rich Bitcoin people doing else except Bitcoin?
Let’s collect some facts!
- Owning a large house and a pool
- Large glass front in direction of your pool
- Watering your large garden extensively
- Your garden is always in top style
- Living in a mediterranean climate zone (or similar warm areas, like California (or Florida))
- If you don’t own a large house and a pool, you are living on a rooftop (including a pool)
- Advocating for a free market
- Owning an American Flag (‘Murica!) and supporting it
- Good dining every week
- Lambooo
- Your car has a HODL! plate
- Owning a separate room for observing Bitcoin (TA)
- Owning multiple large screens to observe Bitcoin
- Owning or renting a yacht
- Posting Memes on WO
…
Some facts are only applying to rich people and not aspiring people.
Surely, my list isn’t complete. You can always add a comment and present more facts.
Have fun getting rich!
wagmi
Ironically, you do not actually need to be rich to do 11 out of the 15 things that you mentioned in your list. I highlighted those things in bold letters, just to show you.
Having fun is just living. You do not need a lambo or a big house or a yacht to have fun. I am pretty sure lots of non-rich people can rent a yacht though. Even if just for a few hours. But what a waste of money that would be to most of normal people... A yacht or a lambo is really just a status symbol for showing off. Basically showing off is the one activity people who are not rich cannot afford.
And anyone not eating good food everyday is not really living. They are voluntarily struggling (unless they are very very poor, in that case, its understandable).
everyone's happiness is different. those who might already be rich without bitcoin will have it all. Using a lambo and a yacht is just a symbol to show off that they can still afford it. but for those of us who can't afford it, of course it won't be hard to do it. living just enough is already good.
Bitcoin holders or those who have a lot of assets from bitcoin do not all do these activities, there are even bitcoin holders who live simply even though they have millions of dollars in assets. it's just a matter of lifestyle. Everyone's lifestyle is different.
But what are rich Bitcoin people and aspiring rich Bitcoin people doing else except Bitcoin?
Let’s collect some facts!
- Owning a large house and a pool
- Large glass front in direction of your pool
- Watering your large garden extensively
- Your garden is always in top style
- Living in a mediterranean climate zone (or similar warm areas, like California (or Florida))
- If you don’t own a large house and a pool, you are living on a rooftop (including a pool)
- Advocating for a free market
- Owning an American Flag (‘Murica!) and supporting it
- Good dining every week
- Lambooo
- Your car has a HODL! plate
- Owning a separate room for observing Bitcoin (TA)
- Owning multiple large screens to observe Bitcoin
- Owning or renting a yacht
- Posting Memes on WO
…
Some facts are only applying to rich people and not aspiring people.
Surely, my list isn’t complete. You can always add a comment and present more facts.
Have fun getting rich!
wagmi
Ironically, you do not actually need to be rich to do 11 out of the 15 things that you mentioned in your list. I highlighted those things in bold letters, just to show you.
Having fun is just living. You do not need a lambo or a big house or a yacht to have fun. I am pretty sure lots of non-rich people can rent a yacht though. Even if just for a few hours. But what a waste of money that would be to most of normal people... A yacht or a lambo is really just a status symbol for showing off. Basically showing off is the one activity people who are not rich cannot afford.
And anyone not eating good food everyday is not really living. They are voluntarily struggling (unless they are very very poor, in that case, its understandable).
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