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Topic: What does BTC mean to you? - page 8. (Read 2286 times)

hero member
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February 09, 2024, 04:44:07 PM
#96
Btc for me is a mode of payment, an investment option, an asset and many more uses that is available. Why?, It can be used when you are gambling, to buy, sell and pay someone or a service. It can be use it without making your identity linked with it. When using it, there's no one is in control of what you are going to do like in banks for example. We all have our reasons what BTC means to each snd every one of us. What does btc mean for you if I ask you this question?.
Bitcoin can be utilized in multi ways. But for me, I’ve seen it more as an investment that is capable to build financial security in the future. It could be in the form of a good retirement, or just a highly profitable investment that exceeds other reliable physical investments. However, while this bring so much profits for us bitcoin enthusiasts, it can also be a worst nightmare for those who suddenly invest in bitcoin without acquiring knowledge and basic information. So investing at a high caution is still the key.
full member
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February 09, 2024, 04:27:39 PM
#95
Hello, Everyone

I'll keep this short.

What does BTC mean to you?

Some may say freedom others  say hope in a world of restriction, love to hear your responses.
Actually, I expect and think a lot about BTC.
However, what I can optimize right now is BTC as a very valuable investment asset for me. Because this is the first investment I have made, previously, the word investment could be said to be too heavy for me before getting to know Bitcoin and other cryptocurrencies. So, there is no doubt that Bitcoin as a commodity asset complies with regulations in my country, I really like it and hope for it. Even though I also hope that Bitcoin can become a means of payment, it is still not possible in my country. So yes, for now, Bitcoin is a valuable investment asset only.

Oh yes, apart from that, Bitcoin is also really exciting because it can change my mindset about the vast digital world, which continues to develop and triggers an increasing number of developing online assets. So we are not only stuck with the daily work of having to be in the office to work.
sr. member
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February 09, 2024, 04:02:58 PM
#94
For me, BTC is an investment tool that offers greater returns than keeping your money in a bank. When I was younger, I used to deposit money in the bank as a safety net in case of emergencies. However, due to inflation, I stopped doing so and started investing my money in BTC and other cryptocurrencies.
The step you have taken is a very wise step for certain reasons which are quite reasonable and apart from that, saving money in any bank will not provide more benefits for yourself except for security during an emergency situation. However, in Bitcoin you will definitely find different things like what you have done through banks before, because you can expect better profits through the investment sector in Bitcoin. In other words, Bitcoin is more suitable and very friendly to everyone if everyone wants to make long-term investments through it without having to rely on anyone, including banks.
hero member
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February 09, 2024, 03:38:52 PM
#93
At a point, Bitcoin seems to be a form of followership that its users embrace according to their feelings towards the technology,  because all Bitcoin users have they various reasons and approaches to Bitcoin while we have the three main reasons why individuals adopt Bitcoin.
1 Bitcoin means a form of electronic currency
2: Bitcoin means an investment
3: Bitcoin as a technology
All the three always align into one and at a point, anyone that have Bitcoin will likely use Bitcoin as three of the main features, even though many focus on the investment aspect of Bitcoin,  only a few are interested in the technical aspect of Bitcoin.
legendary
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February 09, 2024, 03:21:57 PM
#92
In my case it's freedom. Freedom to do what I want with my money.
I want to gamble - fine. I want to take it with me to another country when I travel - fine. I don't want the government to know how much money I have -fine. I want someone to inherit my money without having to pay anything to the government (which IMO they shouldn't because it's my money and I want them to have it, not anybody else) -fine again.
The deal is, I worked hard for my money and I want to spend it the way I decide to. I don't need anybody telling me what I can or cannot do with the wealth nobody helped me to earn.
You can do anything with bitcoin, governments and centralized authorities cannot control it. Governments and centralized authorities can only regulate you or regulate you, meaning you cannot fully spend your bitcoins in certain countries if they prohibit it. But yes, bitcoin is freedom and that means you can do anything with it as long as it doesn't violate the rules of a particular region or country.

Bitcoin for me is just an investment asset, I can't spend bitcoin on anything especially because my country prohibits it. I can spend bitcoins in other countries, but so far I am not prohibited from investing and trading them.
legendary
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February 09, 2024, 03:15:40 PM
#91
Hello, Everyone

I'll keep this short.

What does BTC mean to you?

Some may say freedom others  say hope in a world of restriction, love to hear your responses.

To me, Bitcoin is potentially the ultimate weapon against financial corruption. It is transparent, public and too decentralized to be hacked, faked or maliciously changed. And if the governments could see this, they would make Bitcoin legal tender all over the world. But they would rather hang on to that which they know instead of adopting something new and improved. Freedom is obviously the number 1 reason that any Bitcoiner will tell you. And "be your own bank" is a severely underrated concept that more people should think about more seriously.
legendary
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February 09, 2024, 03:04:19 PM
#90
In my case it's freedom. Freedom to do what I want with my money.
I want to gamble - fine. I want to take it with me to another country when I travel - fine. I don't want the government to know how much money I have -fine. I want someone to inherit my money without having to pay anything to the government (which IMO they shouldn't because it's my money and I want them to have it, not anybody else) -fine again.
The deal is, I worked hard for my money and I want to spend it the way I decide to. I don't need anybody telling me what I can or cannot do with the wealth nobody helped me to earn.
hero member
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February 09, 2024, 02:58:06 PM
#89
Everyone has certainly its own definition about bitcoin. However, for me, it means the key to wealth and financial freedom. I always believe there is huge potentials in bitcoin that will not be only here for short term but definitely for long term goals. So if you are willing to take the risk and be responsible enough to manage its current and future risks, then there’s always high chances to be successful with bitcoin. The process may always not safe and smooth, but definitely the end rewards are always worth of our risk and hardwork.
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February 09, 2024, 02:35:27 PM
#88
Btc for me is a mode of payment, an investment option, an asset and many more uses that is available. Why?, It can be used when you are gambling, to buy, sell and pay someone or a service. It can be use it without making your identity linked with it. When using it, there's no one is in control of what you are going to do like in banks for example. We all have our reasons what BTC means to each snd every one of us. What does btc mean for you if I ask you this question?.
hero member
Activity: 1778
Merit: 746
February 09, 2024, 02:25:24 PM
#87
Quote from: Ascended_Intellect link=topic=5484144.msg63615991#msg63615991

Some may say freedom others  say hope in a world of restriction, love to hear your responses.[/center]
For me bitcoin is only an investment asset because in the country where I live bitcoin is not supported for other processes. Apart from Bitcoin having advantages in terms of freedom, we can also make plans to reach the stage of financial freedom in the future, because placing money in Bitcoin is the same as maintaining the value of the money we have to be more productive. Bitcoin is also individual when we run it so that other people do not need to know the amount of assets we have and thus the level of security is much more guaranteed.

Bitcoin gives hope to many people who want to seek financial freedom and bitcoin can also provide maximum profits when someone makes long-term investments. This advantage is what makes many people confident about Bitcoin's journey even though the level of risk is also large, but if someone knows how to run it then this risk can be minimized very easily.
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February 09, 2024, 02:09:08 PM
#86
For me, BTC is an investment tool that offers greater returns than keeping your money in a bank. When I was younger, I used to deposit money in the bank as a safety net in case of emergencies. However, due to inflation, I stopped doing so and started investing my money in BTC and other cryptocurrencies.
full member
Activity: 189
Merit: 119
February 09, 2024, 04:20:15 AM
#85
To me bitcoin mean the light in a world full of darkness. The only anchor of hope. Independence self realization and freedom from the oppressed. Words might fail me to truly describe bitcoin.
member
Activity: 238
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February 09, 2024, 01:43:17 AM
#84
   Bitcoin means Wealth, asset financial breakthrough and freedom . Let look at the definition of Bitcoin. Bitcoin  is a digital currency that maintains it's records and transactions and new units of currency are generated by computational solution of arithmetic problems and it function on its own. It is created in 2009 which uses the peer -to-peer technology to help help run more  smoothly and effectively mode of payment transactions.

   Bitcoin is a process of making money and a way of payment without the control of anybody, groups or entity therefore, not allowing a third party involvement in it's financial transactions, it is rewarded to those mining Blockchain for verifying transactions,it also can be bought on various exchange.

   Bitcoin is the first decentralized cryptocurrency using a decentralized ledger system , it's distributed,traded and stored , because of its outstanding qualities and store value and unique pattern of operation makes me happy.
full member
Activity: 532
Merit: 229
February 07, 2024, 04:16:48 AM
#83
I think Bitcoin is one of the most profitable long-term investments among all cryptocurrencies. Moreover, Bitcoin is the most secure and anonymous currency. It is the safest way to transact. And Bitcoin is the greatest cryptocurrency and the king of crypto. And I have invested long term in most bitcoins and it gives me huge returns. And I think Bitcoin is the whole cryptocurrency and the greatest invention of this century.
hero member
Activity: 1428
Merit: 592
February 07, 2024, 03:56:26 AM
#82
What does BTC mean to you?

Some may say freedom others  say hope in a world of restriction, love to hear your responses.[/center]

What can we discuss from your post because everyone will try with their respective perspectives with a narrative about the meaning of Bitcoin in their lives?
Bitcoin is quite reliable as an investment asset and that is especially in my country because we are not accustomed to using bitcoin as a means of transaction even though there are several online stores that provide services.
Bitcoin is able to reach the value storage stage so that our money is not depreciated and buying Bitcoin will be far more able to provide a sense of security for the money we have in the long run. In addition to freedom there are many things that make us believe in Bitcoin and this we get as long as we are inside the system because if it is outside it seems difficult for us to understand.
member
Activity: 546
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February 07, 2024, 02:37:08 AM
#81
Bitcoin means a lot to me. But I couldn't buy them at right time. now it is very expensive. let see in future I would buy some bitcoin and gain financial freedom through it.
member
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February 07, 2024, 02:19:49 AM
#80
Bitcoin is a profitable business one need to understand how it works before investing towards it, because without having the knowledge of Bitcoin you may lose everything and Bitcoin investment is best digital assets and reliable, secret business that doesn't not require physical security or guidance to protect. Therefore Bitcoin is simply mean digital assets to me.
newbie
Activity: 20
Merit: 0
February 06, 2024, 09:57:13 PM
#79
BTC, to me, is primarily an investment vehicle. Given the limited opportunities to invest my additional cash, I turn to the crypto market, and BTC is a significant part of that strategy. It's not just about diversifying my portfolio; I see it as a hedge against inflation. In a world where traditional investments can be unpredictably affected by economic fluctuations, BTC offers a unique kind of security and potential for growth.
newbie
Activity: 1
Merit: 0
February 06, 2024, 06:27:39 PM
#78
it means freedom doing transactions. It gives security over my wallet. It gives me responsibility to. Knowledge and so much more. I could speak all day long about Bitcoin, mining and blockchain technology.

 Grin Grin
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February 06, 2024, 06:10:44 PM
#77
Bitcoin is a special coin in my investment, on the other hand, I have known Bitcoin for a long time. some advantages and disadvantages that I like. as the bull season happens all the coins become significant quickly and many airdrop projects can become big money. Bear season is an option to hold our assets into USDT to buy the lower price of Bitcoin or Altcoin
the main target cryptocurrency investment is to buy when the price is lower and sell when the market is higher, so you have to understand that both the altcoins and Bitcoin you have to make sure that you have invest when the price of Bitcoin is getting low or when the price of Bitcoin is fluctuating so that you can make a profit.
As easy as it sounds, buying the dip can be a problematic decision for investors as they often crack their heads on when is the right time to buy the dip. This strategy is not risk free and no one wants to lose money, you can use technical analysis to determine when is the right time to buy. But for newbies, I suggest you DCA instead and hodl your bitcoins for long term.
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