Topic: When it's all set and done, do not forget those in need. - page 4. (Read 564 times)

There must be a striking balance in the world that no matter how each person in the world works twice as hard still not everyone will become rich. If we all become rich there are certain services we would lack people to render because no rich man would want to do those manner of jobs.
Most wealthy people in the world are not wealthy because of hardwork that those that are poor couldn't do, they got wealthy because they were privy to informations and connection that others weren't fortunate to.
In collaboration with what @Nwada001 said earlier, this part of your thread is confusing bitcoin technology to a ponzi scheme. With bitcoin you don't have to rely on the intake of new participants money in circulation to have your own money double. And neither the buyer or seller is doing each other any favors by doing business of buying and selling.
Op I disagree, there's no help in it I wasn't selling a spoilt bitcoin (like a spoilt commodity in the market) that I should be grateful that someone agreed to buy from me. Just like I emphasized above, the seller wasn't doing a favor in selling he actually had a problem to solve with money and decided to sell to solve his problem while the buyer is buying to accumulate for future profit, it's mutual.
It's inevitable that poverty will end, we'll always have the poor in our world and we can't help them all, we just have to give the little help we can give and not to give extravagantly that you end up having nothing left for yourself and investment.

It's good to give out to the poor but don't give so much in a way that it encourage some people to remain lazy hoping you're going to give to them the next day again as usual. Give wisely.

OP, there's this law of giving that states that giving all the time can encourage laziness, and I don't want to be that person encouraging others to be lazy. It doesn't mean that I can't give, but the best thing you can give to some is an idea, and you should also encourage them to do things that add value to their lives. It's only when you see that someone is striving hard to attain something reasonable that you can support the person if it needs finance, and you know you are capable of helping.


Whatever anyone chose to do with their Bitcoin, they are free to do so, as there are thousands of people selling off their coins. That's how many are buying; it's not just one person that is buying from you, and it's not even as if you are begging anyone to buy from you.


I want to ask, Who said you were talking trash? Or is that a way of condemning what you have said even before others do?

This is true, but their will definitely be something to show off for those who are actually working hard to make it to the top, everyone will not get their at ones but their will be something to show that one is trying and not just folding hand's


That's not entirely true, as one we all help one another to climb up, but our success depends on how much sacrifice we are willing to pay in terms of chasing our dream.

Helping is a choice and not compulsory as helping those who have two hands and leg too much is a way of encouraging laziness, as they might no fine it interesting to work out something for them self again. Remember that a dashed out money seems like a waste on the economy.

Every one cannot become rich from cryptocurrency.

You did not get there alone, but you made the decision to stay committed that the help rendered to you becomes visibly profitable.

Do not try to do too much to help people when you are not yet in a position to, everyone will be okay without you. If you try to help someone when you are not yet in a comfortable position to do so, you risk your own self.

If I'm being honest OP, I don't think that there's a lot of forum users that have giving back to the community first thing on their mind, I'm pretty sure that they would probably let their inhibitions loose and splurge on themselves first, do you know how many times they've sacrificed their desire just so they can buy more bitcoin? I'm sure that they will satisfy themselves first and we're living in an indifferent and selfish generation so I don't think we would see that much charity happening that involves people that becomes successful in bitcoin. I mean look at the other posts, they try to justify not being a charitable person when they become successful says a lot about why you're wish that people will help when you become successful will not come true, those that say so otherwise are liars.

Bitcoin is far from what you are describing, and that's why I believe you are talking about Ponzi scheme, if this is how you view Bitcoin you are wrong.

Someone needs to show how the world works to OP, there was a man in my street, I met him years ago in that street and few guys there are telling me how rich he was, I asked what happened and they said he helped so many people that he ended up broke, and the cruel part is none of those he helped try to help him back.

He got a bad sickness and he eventually lost his life, see OP, you can't keep helping people, you will end up broke and they won't help you in return, apart from money, haven't you learn that you can't satisfy people? You did this they tell you is wrong and some will say it's right, you did other thing people will curse you and some will pray for you.

If I have to help I will pick few numbers of people, probably friends or in the family and that's it.

The world is more cure that you think, even you helping others can put you in greater risk than when you don't do anything for anyone, it's better to stay hidden when you have money, than to come out and start helping people, more trouble will come visiting.

It depends to what do you wanna do to your money. I am sure that each of us have some charities to help in any way and form that we want to or we have our obligations and help that we're passing to the loved ones that we've got.

IMHO, we don't need to remind people that they should help whenever they've made a profit. We're grateful and passing all the good deeds that we receive in other forms that we're capable of.

So, this is like minding our business and we've also took the risk and whatever reward we get from investing in Bitcoin, we deserve it.

The community needs more of this, thank you! In addition, for those not so quick to help others, there is money to be made by helping others, i.e. "It is one of the beautiful compensations of this life that no one can sincerely try to help another without helping himself." ~Charles D. Warner
and
>> "It is literally true that you can succeed best and quickest by helping others to succeed" ~Napoleon Hill <<<

Happy Sunday (and every day) to you also.

Lucky? People who had any success or wealth out of luck are extremely rare if they exist at all and they definitely won't keep such success or wealth.
Any solid success or wealth is acquired through hard work and experience.

You are assuming that people "buy" and "dump" bitcoin, which is a wrong assumption. Many people "earn" and "spend" bitcoin like any other currency.

Your preface makes no sense but I agree with this. You should always try to help others however you can. It is not always financial aid either.

Bitcoin is not a ponzi scheme, So profit or loss is in our hands and we have the choice to buy or sell bitcoins. Maybe some people are unlucky because they buy bitcoin when the price is expensive and sell it when the price is cheap, but that's their own fault, if he is strong enough to hold bitcoin maybe the price of bitcoin will rise again, as we know the price of bitcoin always reaches a new ATH

So investing in bitcoin must understand the market and know when to buy and when to sell. It's complicated, and you need some knowledge in bitcoin trading. This is totally different from what you describe. If you don't want complicated analysis, then buy and hold bitcoins for a long time, then you will most likely be profitable

People get wealth in the millions or billions of dollars because they work hard and pray; slackers can't do that. No matter the industry, doing business is never simple. The key is how you get back up after falling, not whether you were lucky or not.

It's called a business, and business is still business, not mutual aid. If you want to help, keep it a secret or simply start a non-profit foundation.

DCA is a good strategy. But what is your DCA goal in Bitcoin? 1, 2.625, 5, 10, 100, 666, 1000 Bitcoin?... That is question.

Bitcoin is not a ponzi scheme but it can also be said that the bitcoin market is like a battleground. That means everyone will compete for the victory on their side, there will never be a win-win situation as many people think. Many people have the misconception that just investing in bitcoin and holding it for a long time will make you rich without losers. So who will buy bitcoin at a high price so we can take profits if there are no losers? After all, bitcoin is also a tool for us to make profit, winning or losing depends on the level of each person.

Your reflection on the nature of Bitcoin investment and the importance of empathy and giving back to the community is thoughtful and commendable. Indeed, the world of cryptocurrency investment, including Bitcoin, is characterized by volatility, risk, and the potential for both gains and losses. It's essential for investors to approach it with caution, understanding that not everyone will achieve the same level of success.

If that is how the market works then that is how we need to accept it. If everyone started to buy then that is what converts into the Demand and thus makes that particular thing valuable. If no one bought or no one sold then how do you think the market value will appreciate Or depreciate over the course of time?

This is what gives the real meaning to the money market or basically, anything that is associated with the price tag!

If I am publishing my success saga about Bitcoin then that should be motivating to others and not demotivating as per the tone of your post. I think it's completely fine to publish the articles that depicts the success path, the struggles, the entire start to end story so as to understand how Bitcoin could be changing over the course.

You are not talking trash. Nevertheless, there is a need to remind you that there are 21million Bitcoins that was created. Currently, humans who mine Bitcoins have mined 19 million Bitcoins and there is left only 2 million BTC. Technically, when we buy Bitcoin it doesn't necessarily mean that we are buying from people who are "dumping it". Because even as I write this at least 800 bitcoins would be mined today.
Read it here - https://www.blockchain-council.org/cryptocurrency/how-many-bitcoins-are-left/

Not entirely correct

It is not compulsory. I think this is a moral obligation to always give back. Whether it is Bitcoin, stocks or any other investments. It is a moral human obligation.

So far, Bitcoin hasn't been around long enough to assess the bear market frequency and volatility.
After reaching a high point at the very end of 2013, the bear market lasted till the beginning of 2017, and the price significantly improved during the last quarter of 2017. Then there was a bear market till the last quarter of 2020, followed by a great 2021. Since then, we've been in another bear market for a year and a half, and it may well last for another year and a half. So it doesn't seem to me that the bear markets are getting less frequent, or that Bitcoin is getting more stable, to be honest.
Putting that aside, I think that the op is right that it's good to help others when possible, bring something back to the community.

Agree. I mean, perhaps I'd donate to some charity, I've done it already, but I couldn't give too much. But I'm not gonna just give money to the people even if I become a millionaire. No one gave me that (besides my parents, of course), and that's the easiest way to stop being a millionaire.

So, what you're trying to say is we should give our money to other people? you can start by yourself, just give all of your money to the people who need it. I bet you wouldn't and you're still accumulating Bitcoin in order to get rich or financial freedom.

Giving a fish to a man only make him able to eat for a day, but teaching him how to catch a fish will surely make him able to survive without your help anymore.

Utopia post.
OP, if I have a lot of money (for example), do you think I should give it to the poor? How many? Poverty is incurable. Sometimes people themselves are to blame for their poverty, and it is difficult to help everyone. In the same way, how to talk about help and how to provide help are very different things.
I know that people need to be helped, but I always resent such oratory speeches. Helping loved ones is a matter of course, which is not even worth teaching.
It is wrong to talk about people who bought Bitcoin or something from me as helpers, benefactors, and so on. Two parties were interested in the purchase, that is, an equal sign. No one put a gun to anyone's head.
Therefore, the creation of such beautiful posts in such an upbringing manner also looks very cloying, as if you know something that is not obvious to others.
No offense.