Topic: When it's all set and done, do not forget those in need. (Read 632 times)

Exactly! Let's take, for example, those elderly or in their 50s. They are afraid of the change; they will always think that it is dangerous and a waste of time. I remember at some point one of my friends, who is not familiar with bitcoin or any crypto currency stuff. Although he is the same age as mine, his mindset is like that of those older people, thinking that what I'm doing is dangerous and risky. Yes, it is, but the thing is, if you don't take the risk, nothing will happen to your life.

It's been opened because I'm influencing my other friends to strategize investing in bitcoin like what I'm doing, and I will provide help as I'm the one who will introduce bitcoin to them and as I want to help them earn their money on their own, but still, there will be one friend that will discourage you and your other friends. I don't know why he isn't open to something new; maybe he is just scared or what.

Every social interactions and exchanges happen like this in this world. It's not an exclusive characteristic of Bitcoin investment. When you purchase a good or pay for a service, you are giving away something you have to receive something you want or need in counterpart. When people acquire Bitcoin from you, that is what happens. In fact, you shouldn't feel guilty for taking something from them in order to feed yourself, as they are also voluntarily taking something from you. It's a mutual flux which will feed both sides involved on the transaction.

But indeed, we should always be thankful for having honest people around to negotiate and interact, otherwise we wouldn't be able to reach anywhere alone.

Help people in need under your currently conditions, if you feel like you are able to afford this support and if you feel they deserve your help. The burden of the world shouldn't be over your shoulders, anyway. Neither you should feel obligated to do anything because you thrived, while many others perished. You are responsible for your own story, the story of your life, and it's the individual choices and decisions someone makes which will shape their lives for the better or worse.

Many people who achieved at least a bit of prosperity in life had to do sacrifices and deprive themselves from many pleasant moments to reach where they are right now, while many who perished lived an irresponsible life of pleasures and addictions, and now think to be worthy of the fruits from the prosperous people's tables, as they play the role of society's victims.

We don't have the answers for every questions and doubts in this world, but what I take from this limited knowledge is that we should be fair to our pairs and to ourselves in every moments of our existence. By doing this, you will be living accordingly to your conscience. It's not always without pain, but I guess there is no better way to live...

I do agree that we shouldn't forgot those in needs, but we should also acknowledge that not everyone want to be helped. Some people actually hate change and improvement, and no matter how we shill the change and the good things that it will bring those people still prefer the old way, and we can't do about that. Even some of them will despise our effort to help them, saying that we are fraud, scams, and criminals.

This topic is more urgent than ever, many people are suffering and in bad situations this winter. Please remember, some people just need a bit of help and it makes a big difference.

Those who have a giving heart will always find pleasure in giving.  But those who have a greedy heart only finds annoyance in it.  As a human we should always try our best to help people who are in need.  If we are blessed with huge profits in Bitcoin investment, giving a portion of it to legit charity through donation is the better thing to do IMO.  Legit charity organization have lots of people in their list that needs help and they are doing this charity foundation in order to help these people.  Helping an individual is also good but donating to charity to help more people is much better, IMO.

So if ever this Bitcoin journey gives us huge profit, let us remember that there are people who are not blessed like us and is in need of help. 

That’s never a problem on my part. Helping is actually a very humane act that proves we are family. But instead of giving them money and giving them something to eat, I might resort on giving them a job or any source of living that will help them survive through the years. And maybe once they are already making a good living, I will introduce bitcoin to them. For me, that’s already a big help. They can chose to take advantage on it, or disregard it, but they should weight things first before making their decision.

Bitcoin has definitely its brighter years ahead, and lucky of us who have been taking advantage of bitcoin since from the start. However, on helping others especially to those who are living the hard way, there’s no problem in helping them but we can’t assure that we will be giving them consistent help just because we are capable to help. We live our own lives and so we need to work on our individual lives, that is the only key for survival these days.

Couldn't have said it better. People believe that helping others should be a natural right, now that may true in a way but we should also remember that it is not a duty. We should never feel obligated to help, especially when we ourselves are still building out financial standings. We cannot give what we do not have and need. Hence, only help when you can, when you know you will not be the one asking for it after a few days or months.

I see a lot of nice words in your post but what you are suggesting to do could be possible only by a very small amount of people who own a lot of bitcoins. The average person owns less than 1 bitcoin and even if bitcoin goes up to, let's say $100k, with today's cost of living that is not a lot of money, in many parts of the world you cannot even afford to buy a small house with that amount of money. If you want to donate $50 that's ok but I fell like what you're saying is way bigger than that.

If we look at it this way, then we will feel that the whole world is based on a Ponzi scheme, every kind of trade in the world is done so that the buying party can take benefit from the trade when they sell later, and when the buyer is doing the trade, the seller is apparently already making the profit they once expected, that is how the world is running, we give benefit to someone and then get our benefit from someone else, but that is not exactly how a Ponzi scheme works.

In a Ponzi scheme, a single person or an entity takes money from both parties, and then that entity pays the one who has come first with what they get from the second person that the first person has brought to them, and that chain continues until the third-person who is receiving and processing the payments decides to run away with the money.

Extending our help to those people who are in bad shape is never a responsibility but it’s always a choice. And you can never help others if you yourself is still in need like giving away a portion of bitcoin when you even struggle to own a single of it. So start helping yourself first and when you think you’ve had enough, then that’s the perfect time to help others. However, offering consistent help and support will leave those people to be lazy and unmotivated. Just help them find a job, and it’s up to them how they will take advantage on it and help theirselves to grow on it.

Yes, in this case, of course, everyone has different opinions, but in terms of helping other people, of course, there are many things we can do, even if it's not money that is given, for example, such as energy, thought and knowledge. but indeed if we invest in bitcoin and are lucky of course if we are interested we can provide assistance to others. such as to old people who can no longer work and so on.

The way crypto currencies are going in the current era around the world, we can definitely say that Bitcoin will gain popularity. We already know that Bitcoin has gained huge popularity all over the world and we expect it to grow even more in the future. We already know that 4.2% people in the world are using bitcoin and they can easily support their life by trading this bitcoin. As bitcoin is changing drastically day by day we all will reach the goal of changing our day to day life by investing in this bitcoin. And we know that using bitcoins can change the economic position of a country especially those countries that have economic shortages are getting better by investing in bitcoins. In that case, we can say that Bitcoin can improve in the future and we can confirm that there is no doubt that Bitcoin will improve in the future.

But the problem with people right now is that if you don't give them, they will say bad words about you, I don't know why but with this kind of people you shouldn't help them and you are right if you are also broke then it is best to say no but if you have an extra why not give it to others as for sure it is a huge help to them but if ever I do get rich anyone that needs help i will really help those deserving once for sure

That's a good thought and I agree because we will get good results by doing things or kindness like that.
That is karma and what we do will have an impact on us too, whether it be good or bad.
This is more about our awareness to want to share what we have with people in need because what we have is a part of them.
But that is each person's choice and there is no compulsion to do so.

Yes, but I certainly offer help to those people I saw are worthy of my help, not those who are asking because these are fake. Because real poor people don't ask instead, they work hard in order to survive but these fake people are just pretending poor and yet to scam. That is why we need also not be blind to where we have to give our help and must be in the right person, the right people.

In fact, it was not necessary to help others but for me, I was too emotional seeing someone who are really in need. Yes, if we have something to partake in, why not as long as it was coming from our heart, not because someone forced us to do that.

Due to the current era where many influencer are making money by recording their good deeds to poor people, this make many people are taking advantage by cosplaying as poor people in order to get people attention and give them money. Those people aren't poor, they're middle class people where they're lazy and trying to make money in easy way.

You will not know which one is the needy and which one is fake.

I also believe in good and bad karma. Hence, whenever I can I try to give back, specially when I know it is badly needed by a friend or loved ones. There is nothing wrong with saying no tho, especially when you have nothing for yourself or what you have is not enough. It is always welcome to help as long as it is with pure intentions and will not make you broke.

we are not live alone in this world, sometimes we are at the top sometimes we are at the bottom. something that I believe is everything that we do will comeback to us. So I think if we have a lot of bitcoin then it will be good if we help each other. give some of our money will not make us poor, but it is means a lot to the poor who really need it. but it seems that many people here don't like to giving to the poor, it is okay if they don't want to do this, it is their choice. my choice is if I have a lot of money then will give some to the poor.

I understand the whole context on the OP thread about taking from here and giving and all that shit. Life is a battlefield and yes I know it's good to help but in course of helping I do inquire on the situation of the person asking for help some folks I know around you just like taking from you.
And also I pick up one line in your thread about Bitcoin actually losing its volatility someday and I don't know how possible is this because Bitcoin itself is base on volatility and this major has contributed to much of its fame today.

Nothing is guaranteed but it's evident that long-term holding of Bitcoin can yield to such a great profits. This thing has been observed for years and many people have already made such good gains. I understand that the crypto market, especially Bitcoin can be highly unpredictable. However, if you're so good when it comes to patience and carefully time your buy and sell decisions, I assure you that there is potential for such a high profit in the future.

I can give some OP but I have to reward myself for working hard before them. Because people will remain poor if they don't work hard and find ways, in fact, I can see some disabled people working but why these healthy people can't do it? Perhaps they are lazy and what they did are just asking for help and relying on the government which I think they don't deserve help. I'd instead help deserving people but of course, we never have to treat them like we are giving them all they wanted. 

I wouldn't have to agree with you that bitcoin is like taking from others and giving from others and what you have to understand  is that bitcoin  is volatile asset and as such, nothing is guaranteed in the industry.

Well you have to understand  that patience  is the key in this industry  and what truly matters is that we're  staying profitable  and one thing have come to understand is that nothing good comes easy and that's also evident in cryptocurrency and not everyone will be successful  and it takes Extra  effort to achieve ones gola and bring dreams to reality.

I agree with you; it is better to teach someone how to get money than to give him what you have. Don't you know that giving someone money at any time is inappropriate? It is better for him to study so that he does not rely on you. You can advise them on how you achieve your goals, whether it is by investing in Bitcoin or trading, so that they can join you in investing on it, but you must tell them the risk involved, because some people just like to tell people the benefits of investing in Bitcoin without telling them the risk included, so that they can convince them to invest, but after losing, they will start saying rubbish that Bitcoin is not a good investment. Bitcoin will live on. Bitcoin will remain the best of all time, but one of the key hazards associated with trading BTC is price volatility.

Unpredictable market makes some people feel worried and afraid, which is the main reason why we end up with these type of results in the end. I believe that if we keep it up and keep making it work as much as possible then we are going to end up with better results. Unfortunately a lot of people end up with not all that much changes and that results with us not having a good result at all.

Hopefully those who worry and fear will stop doing that and realize their mistake and could keep holding further. If you keep holding as long as possible, you are not just only making yourself richer, but you are also taking money out of the market and making us richer at the same time as well because demand will be there but supply will get lesser.

We know that not everybody is going to succeed in life. Some will fail and others will succeed but do not be among those that will not succeed.
It's just like when people sit for an exam, not everybody will pass that exam, that's a known fact but try as much as you can not to be among the people that fail.
Be among the people that succeed in life. You don't have to be a millionaire or a billionaire to be successful. If you can take care of all your responsibilities without struggling, then that's success to me. Try as much as possible to be among the people that give back to the community, not the one only receiving from people.
Nobody wants to be poor, so you have to work hard so you won't be poor.

@xskylarx, am in discordant with your instance of Elon musk been a lot hard working and smart... Does it mean he's smarter than everyone else? Or does it mean he took more riskier decisions than anyone has ever taken?

If you're not fortunate enough in life no matter how hardworking, smart and risks you embark on in whatever dimension you will never break the limits. Some people that are poor is not that they aren't hardworking or haven't taken risking business decision ideas but that they were not fortunate to climb to the ladder. As I keep saying everyone no matter how hard working and smart will not all be rich or wealthy.

I wholeheartedly agree with you. You cannot help if you yourself need it. You first need to provide for yourself and save before you lend a hand to those in need. It will be hard to give what you have if it is only enough for you because what if you're the one who ended up with nothing in the end? Also, yes, help only those who deserve it. You cannot be a superhero who helps everyone, money is not unlimited.

And that's it. It's the goal of life. To add value to other people. However, you cannot just help other people right away, you also have to help yourself first. You see, you have the get success first and work for it before you share the fruit with others. Help only those people who are true to you. Those who believe on you before you have success.

The more you give the more you receive, isn't it? But you have to have it first.

It's not easy to turn dreams into reality, it takes process, time and patience to become a successful investor in Bitcoin. Everyone will be competing to turn dreams into reality, the reality that occurs in real life is not everyone is able to do it.
Patience will determine how far your strategy will go, the unpredictable Bitcoin market gives Investors a different feeling. Those who are able to survive and don't panic easily when bears come will win after going through a long process. Do something based on the knowledge and understanding that you have, Bitcoin does not only offer benefits for you, when you panic easily, the potential for losses is very large.

In several cases that I have seen and experienced, many work hard, smart people, good people, have many relationships, but are not successful, trapped in a simple economic life, aka unable to become wealthy. Because in my opinion, hard work is not enough, you have to work smart too. Construction workers were much harder working, but they didn't get rich. There is a neighbor of mine who works part-time and is even able to build his house. Success is not because of hard work but the right place. The rest surrender to the destiny that God has given, because it turns out to be true, God's destiny is real.

Agree. The true value of Bitcoin is not in how much it can make us rich, but in how much it can inspire us to share our blessings with others.

I don't need to wait for those days to come to give back to the community and the people because I have been helping in my Own little way since I was a child.
our family is  blessed with helpful mind and heart, my parents bring me to maturity with heartful to help in need as long as i can and till now , I kept having that in my mind.

For those of you saying that OP's description of bitcoin makes it look like a Ponzi scheme, Op is correct and you all are just misunderstanding the point he is trying to make ..

Think of it this way, when you create a sell order for your bitcoins on an exchange, is spirits the ones that buy those coins? of course not, it is still real human beings like you and i that will give you their money for your bitcoins, if you place sell orders and no body buys your order, your order will remain there for ever, and the money you are expecting to make from that sale will never come, you might have to look for other ways to spend your bitcoins or just hold them.

Now, think about those who sold their bitcoin at $69,000, were those bitcoins bought by spirits, no, some persons bought those sell orders at $69,000, and if they havent sold till today, they are still in a temporary loss even after going to 2 years now..

It is commonly said that "every loss you make is a gain to someone, and every gain you make is a loss to someone" this is true and its how things work in the financial market, not particularly in bitcoin, bitcoin market obeying this rule does not make a Ponzi scheme, its a rule the entire financial market obeys and bows to .

Hard work by relying on the physicality of our own bodies will obviously not make us rich, especially if it is not accompanied by brilliant ideas that can inspire many people. Now hard work and smart work must both be accompanied if someone wants to achieve wealth in his life because being smart at work is part of a person's intelligence in seeing an opportunity that exists, while hard work is part of his will to rise from laziness in his life. So this must be equally balanced because success does not belong to those who are smart but success belongs to those who want to work hard and be smart.

It was logical, but their ancestors or parents were also poor and struggled before the next generation in their family was born. This means that those who rely on the foundation of success from their ancestors or their own parents is a success that has been inherited and has been found by their parents in the past, not the result of success that they got themselves through their own hands or thoughts.

And I think it's also quite natural for them because they have a place to hope, but for those who are still poor and continue to work diligently according to the plans they have made themselves will also be successful in the end. Even though they have to go through a long way because they have no foundation or place to hope as experienced by those who are rich.

Those rich people are smarter and also harder workers. A person can be rich if they are hardworking, but it doesn't work without making smart decisions and taking risks. Just imagine if you are just smart and not doing hard work; it will not work. See Elon Musk; he does a lot of work and is also a smart person, which is why he is one of the wealthiest people on earth. All rich people spend most of their time doing work and getting busy on it, and even they don't have time with their family.

This is why I prefer the warren buffet method. If I keep giving my money away while I am alive, I am not going to be able to leave something big behind. However, if I keep all of my money with me and use it until I die to grow, then I will be able to make a lot more money with it. Warren Buffet already shared some of his wealth of course, but he will leave %99 of it to charity when he dies.

This means, if I do not spend a dime on giving away aside from a few here and there when I want to thank god somehow and I feel like giving away a good chunk to those in need is a great way to thanks, then you could just use all your money to grow and be richer. If you are a  wealthy person when you die, you could leave some to your kids of course, but if you are wealthy enough you could leave most of it to charity.

hard works doesn't guarantee that you will become rich because if handworkers become rich then Labor will be the richest person all over the world. Sometimes lazy people get the reward because of knowledge and  hard workers remains in the same state.

According to my opinion poor are more hard working than wealthy people. Other thing is that some people become successful because they have strong support from their parents and strong foundation of wealth from their ancestor which make them more wealthy.

What the OP says is pretty bullshit.


There was someone famous who said something like, "What a coincidence that luck always catches me working."

If you follow a wealth building plan, controlling income and expenses, maximizing income, diversifying income sources, investing among other things in Bitcoin etc., the result will be due to the execution of the plan rather than luck.

But many people like you have not stopped to do numbers with the Bitcoin and think that one with moderate income is going to get rich enough to buy yachts and islands, and it is not so. Someone with an average income who invests 10% of his income in Bitcoin doing DCA and enduring one or two cycles will improve his economic situation and get richer but will not reach an obscene level of wealth. You can calculate it in https://dcabtc.com/


You are talking trash. You are one more of those who believe that wealth is like a pie, something static, and that if some take more of the pie they take away from others.


I already do that.

You're really right

Yes, surly there will be poor people around you and there will be rich people around you which is something that we cannot change in this world, but try your possible best to be part of the wealthy people because it makes people to respect you and value your ideas in the midst of people. And those that invested in Bitcoin based on, they believed in Bitcoin and value what they will achieve in the future through Bitcoin, I think they are doing well financially and materially because they didn't give up on their dream. many people believed in Bitcoin during the pandemic that collapse many countries economy, but Bitcoin was still displaying to favour those that value it by investing huge amount of money when the price was low in the market.

The whole different levels among been rich, filthy rich and been poor makes sense all together, one can't survive without the other and that's why money was also never thought in school, if we all know how to make money nobody will want to work for anybody, not even the government and the world will be in total chaos because of this, I doubt money will even have much value like it is now, there is advantages and disadvantages in everything, good and evil, rich and poor and many more, it's what brings stable balancing in the world. My final answer is you can't help the poor, how many are you going to help?/because every Richy has their limits, it will get to a point where you will be drained out and left with nothing, if you make money, help those in need, it's a good advice but know your limit and some people want to be useless anyway, they always want to ask, and when you say no to them you can be hated for doing so, helping others have it's advantages but also disadvantages too.

People in need will always be there every day, they are not there waiting for the moment bitcoin reaches its peak, when you achieve success with investment, or when the country is free from debt. Actually the decision to help the people around you should arise every chance you are "lucky" even the slightest, and it doesn't always have to be about money.

Well, this is interesting. I personally see what makes crypto assets like Bitcoin will become more valuable in the future in my view because of potential future value, where public trust and positive views of BTC assets are born from what they see witnessing at this time besides having a function of usability and usage so making it valuable and having value and creating a strong digital economy.

Well, I think this is where it is necessary to have initiatives and educate the public properly and correctly, so that people who are still not familiar with crypto and are still wondering whether this crypto investment, especially BTC, is safe or not so they can avoid fraud. as well as hacking.

Success is not a product of luck. There are indeed people that are lucky to inherit wealth or win some through lottery or casinos. But it takes hard work and sacrifice to become successful. Everybody will not be rich because opportunities are not equally available and people don't act in the same manner. But success doesn't give you the right to see others as lazy because if some of them have the opportunity you have, they will do far better than you.

The main design of Bitcoin is to use it as a currency. But it is becoming precious just like gold and other high-priced stocks making it good for investment. The investment feature of bitcoin works like other market systems that is controlled by the law of demand and supply. If someone wants to sell another person is willing to buy. So nobody is losing or is been marginalized. The seller is not forced to sell and the buyer bought because he believes it will appreciate in the future.

If you have the means and opportunity to help anybody, don't hesitate to do it. You don't need to give someone so much but that little assistance can make a big difference. Someone will be pleased to use some of the things you don't need. Just a dollar can save a life. Helping someone is helping the community and the world because it will always have a ripple effect.

So, how is this any different than any other Commodity or any other Investment option? Example : Mr Anderson buy Gold at $1200 per ounce and 2 years later sell that Gold to Mr Sucker for $1500 per ounce. Should Mr Anderson be grateful for his smart thinking to buy at $1200, because he made a profit?

He took a risk to buy at $1200.... because the price could have dropped to $100. His profit was the reward for the risk he took... so why should he share that reward with other people? (He can give a small percentage of the profits to his favorite charity.... but it is his own decision)  

if we already have big profits from investing in btc, of course there is nothing wrong with us as humans providing assistance to others, as long as we don't provide excessive assistance that reduces our capital. but in my opinion, for btc investors who still have small capital, I think it will be difficult to provide assistance to others because if you have a small capital, of course the profits will also be small.

Humans will be faced with many choices to achieve their life goals, the key to success in achieving life goals lies in persistence and consistency. Bitcoin can be used as a place of business for people who know how to use it, you can receive payments in Bitcoin for every transaction that occurs in the business that you are running. This cycle will continue until you can get double the profit from your business.

Try to teach people around you to get to know Bitcoin like you applied in Op, then you buy back Bitcoin every time they need necessities of life such as goods and services. There are many ways you can do to help the people around you grow their economy with Bitcoin, besides that you can get a lot of benefits from the massive adopters of Bitcoin around your life.

Yes, helping the needy is a wonderful thing and has great positive effects on society. Helping the needy is part of my religious belief, so I am completely familiar with this matter.

Helping those in need with Bitcoin will have a good effect in giving Bitcoin a good reputation and also contribute to the spread of Bitcoin more in society.

Life is volatile so if you are able to help someone today don't hesitate because there may come a day when you need help and then you are sure to find someone to help you.

I actually have that same thought as how he described Bitcoin , when the truth is no one is getting from others instead we are here to decide for what we believe and trust in crypto , those who bought and sell at loss are the people that have denied their rright to profit so it is not our problem at all.
again it is decisioning and it must be chosen and not to be blamed the market for this.
well the main point of OP is about helping others after we succeed in our investments and holding.

He believes that we are all Robin Hood here just because we risked our money.

Objectively, any kind of financial gain, Bitcoin included, must involve the taking from some. But you could arguably say the same of any form of consumption.  Eat and you take, from someone, somewhere.

But if you always give back, or pass on, and attempt to leave behind a world that is slightly better than without you, that is all you can hope for.

Bitcoiners,thankfully, from almost all my personal interactions on and off forum, have shown themselves to be generous and eager to pass on goodwill. Long may that continue.

Luck must have been there somewhere all along, but this isn't solely about luck. Certainly, I'm not merely lucky that despite those old ATHs and those freezing cold winters, I kept hodling. In the same manner that those who easily let go of their coins when the most ferocious of bears took control of the market weren't simply unlucky.

Props to everybody who somehow became tools in my relative success, but let's not take responsibility, maturity, perseverance, determination, courage, and discernment away from ourselves. We, too, deserve the credit!

Bitcoin is just being Bitcoin.
It's already proven by time, take a look at Bitcoin, Bitcoin is always number 1. There are already a lot of altcoins came in the cryptocurrency market and they just pop like a bubble after some time while Bitcoin is always here.

your words remind me when I was on an exchange and buying and selling bitcoin and it is true that we can benefit because other people buy bitcoin from us, so it is only natural that we are interested in helping someone, but of course we will also be better again if giving insight to someone because by providing insight will make people successful like us or more successful than us.

So it's not inevitable that poverty is going to end--and if that's what you're saying, I have to agree with you.  Poverty, homelessness, drug addiction, all of these problems are going to be around as long as humanity is.  Think about how long humanity has been around and how much progress has been made in so many areas, and yet we've still got enormous wealth disparity all over the globe and there isn't a government or private organization that exists or has existed that's been able to rectify said disparity (or the other problems I mentioned).

This is why I have a grudging respect for some of the billionaires who donate a good portion of their wealth to charity.  Warren Buffett isn't leaving all of his wealth to his children, for example (which I find kind of funny).  I forget who he's bequeathed it to, but he's made it clear that when he dies his money is going to be put to good use.

Simply put, everything has its own place and time.  Not all people will become successful at the same time.  If one is lucky today obviously someone will be unlucky too.  One thing to say is that in every achievement and success we made, we must not belittle anyone.  Since we might be proficient in Bitcoin information but are we as skilled as those fishermen or farmers that lack knowledge about BTC?


I agree, there is this thing called law of equilibrium where one action  has an equal opposite reaction.  It needs someone to  give up a money in order for our sell order t be filled.

With the passage of time as people are realising the success of bitcoin everyone wants to be a bitcoin investor. By examining the bear and bull market people get experienced because with one season they cannot get the actual knowledge. volatility can never end but this volatility is full of advantages if we think positively about it.

I think people are sharing their success to encourage others and its not a kind of proud and think that others are lazy but if people get familiar with the success of others so they will also rushes towards their success.

Nice one,I get your point in whatever that we are successful on wasn't totally made by us,but with the help of God and people around us. You should also note that one must strive to achieve his goal and he needs a lot of sacrifice for it to be achieved. Likewise bitcoin,for one to be successful in his bitcoin journey he must be ready to endure and hodli for a very long time. Some don't sell on the first bull run and some wait for up to three circles before selling for them to attain such success in their bitcoin investment. This implies that helping the needy is good and a Godly practice but they need to also help themselves by showing concern on how to improve their condition for a better future by getting something to do.

Do you think it is that easy to invest in this technology? First identify the risk; not being accepted widely across countries and service providers. Another is high market price volatility.  If it is that too easy to invest in this technology then many people should be rich by now. There are many factors to consider and that includes invesyor's circumstances. What yields to loss is simply the capacity of an investor to continue holding no matter what happen to Bitcoin's market value. But since not all investors has the financial capacity to endure every market price downfall, things aren't the same for all people who invested. Potential is given to be there but your journey as an investor won't be as simple as that.

People can help other people, but the question is "Are these people who are being helped are helping themselves in order for them to be out of the poverty zone?" The problem with some people is that, they are depending too much on what other people will give to them. Worse is there are some who are depending most of the time to the government, and when they didn't get enough, they will complain like they are the authorities.

There's nothing wrong with helping because I've done it many times already, but the problem is that there are people who don't know how to help themselves. There are people who are just solely relying on what other people will give to them. We are living in a cruel world unfortunately, and sometimes, helping people can give more bad effects than good. Well, it will be a different conversation if there is a community that's been struck by natural calamities. Of course I'll help, but if I will help just for the sake of helping? I'd rather feed other animals than people.

Overall, I'm not against helping others, but don't help too much that will put you in a state where you will be the ones that will be helped in the future either financially or in other ways.

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

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.

Well there's nothing wrong for you being proud for your efforts in becoming successful, but always remind that you need to limit sharing your achievements online since it might be threat that could risk your safety. For sure we're not only one who's being part of the market that anyone could take advantage some would lose and some would win. But as a person who took effort to study Bitcoin for years and invested almost all of their savings, it's okay to be proud for yourself but no need to brag just stay humble there's more blessings to come as long as were consistent.


Yes, in research in helping others would have a great impact not only to the person that you've helped but also to yourself as human being. The great feeling that the fact you helped someone that could also change their life. I don't know why I hate some people online where they posting that they helped someone just to gain likes, if their motive is to give inspiration to others then it's valid for me. As long as you know to yourself that you're doing the good thing.

describing bitcoin this way makes it appears like ponzi scheme, as the investment of new commers are what is being used to pay the already existing customers on the platform, at the end of the day if they don't get new sign-up and people ready to fall victim of their scheme, you realize that the platform willl short down, where there are always people who pay for the rich of others, others get rich using the downfall of the next person, At the end of the day their is always a a winner and a losser.

But when it comes to bitcoin, We will always have those who are willing to buy and those who are willing to sell, and the value is determined by what the masses are willing to pay for it and based on its demand in the market.

Selling at any particular time is a choice; the same is also applicable to buying. If you decide to sell when the price is dumping and you happen to record some losses, that's on you, and the mistake that you made yourself shouldn't be shifted to others.

With the way things are going, Bitcoin will become more valuable in the future.

Few bear markets have happened in past and many have learnt their mistakes

Some don't play with their dollar cost averaging..

Emotions aren't present only with crypto, it's general something in our lives.

Volatility can't be erased in Bitcoin.

But one thing is very certain in this life, we all can't make it, if it's this easy everyone in the world will become a millionaire or billionaire.

If your dream comes true, it doesn't make others useless or lazy, we just all can't get lucky, some will fail and some will win.

Before you say that I am talking trash, Bitcoin investment is like taking from some and feeding others, what this mean is someone is buying from you when you are dumping, it's like the world shape, it goes around.

So instead of showing off how successful you have become always remember that you don't get there alone, it happened through the help of others that bought from you.

So try as much as possible to help those that are in need in your surroundings, or help others that are living far away from you, you can do this anonymously too if you think it's not safe, this is the right way to bring back into the community.

Remember, some things are unexplainable in this world and there are things that are beyond human understanding.

Happy Sunday