whether bitcoin help you when you have financial problems? - page 5.

slapper

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Quote from: Gembul on February 04, 2017, 02:09:32 AM

Bitcoin help my financial problems. Before getting to know about bitcoin i often ask money to parents for buy school needs. But now with bitcoin I can buy all of it's own, sometimes can give mother money for shopping. Hehe I use bitcoin for trading.
So if people know about the benefits of using bitcoin I think everyone will be very keen to use them. Thank you

That is interesting. I am happy to hear that you can make money yourself to pay for your daily needs. How old are you? Teenager should learn more about bitcoin because they will be the one who use Bitcoin in the future, not us. Trading is awesome but beware of pump and dump. It can cause you a lot of troubles

pooya87

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why do some people think bitcoin is a magical thing?!

you see bitcoin in two ways, a currency that you can earn like any other currency (fiat) and if you work you ear money whether it is flipping burgers or it is highly sophisticated job.

or you see it as an investment and use it like a trader, and again it is not an easy job, and requires some experience to ride the waves and make some money out of it.

if you do hard work, you make more money and it helps your financial situation, if you are lazy and sitting on your ass wishing for price rise, you will continue having financial problems.

szpalata

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Quote from: jujugoboom on February 04, 2017, 02:43:48 AM

I have always preserve 5 BTC as emergency fund, if I am short of fund, and no cash in my pocket or bank account, I can withdraw my fiat cash form bitcoin ATM. Wonderful bitcoin as preserve fund.

You're right about saving some bitcoins for emergencies but there are also micro earnings from Bitcoin that a lot of us benefit from which hitherto wouldn't have been possible with fiat. It's now easy for me to get paid for services I render through logo designs and signature campaigns.

jujugoboom

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I have always preserve 5 BTC as emergency fund, if I am short of fund, and no cash in my pocket or bank account, I can withdraw my fiat cash form bitcoin ATM. Wonderful bitcoin as preserve fund.

Amph

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it helped me a lot because from zero investment i was able to acquire many wist mining, and having additional funds that also are not directly taxes, if not dumped, and gain value over time is surely satisfying

but i guess for some other it was a disaster, especially those that bought at peak and didn't wait until now to sell again because of fair, they ended in losing a big amount of money depend on their investment

jakelyson

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Yes, multiple times now. There are times in the past that I am financially in a pinch, but my savings in bitcoin helped me thru it. I will not say that this is a function of bitcoin because any currency can be saved and used for emergency. But thru bitcoin, there are things online that I can do now that will earn me extra money. Like doing signature campaign, and sometimes, trading helped me get some additional income which I can save for the future. Right now, thru bitcoin, I am able to save for some investments.

Juggy777

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Quote from: Mbah Tyo on February 02, 2017, 12:51:46 PM

could this function is a bitcoin for you and also including me, because I once had financial problems are urgent, luckily I had stored bitcoin, so when it is still helping the financial me because of the work of real I sometimes still lacking for covering daily needs

how about you whether they have been experiencing the same thing as me?

Yes Bitcoins do help you a lot to ease the burden of your finances and in times of emergencies it's the best. I have been telling to people all along to invest around 15-20% corpus In Bitcoins and reduce Fiat money, gold and silver. Bitcoin did help me when I ran out of cash and luckily sold it and took cash to pay of my bills. Bitcoin can only help you when you allow it to, you need to be really careful as to how you choose to use it. One example is buy low sell high. Bitcoin is simply the best investment for a rainy day and the future.

Gembul

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Bitcoin help my financial problems. Before getting to know about bitcoin i often ask money to parents for buy school needs. But now with bitcoin I can buy all of it's own, sometimes can give mother money for shopping. Hehe I use bitcoin for trading.
So if people know about the benefits of using bitcoin I think everyone will be very keen to use them. Thank you

CraigWrightBTC

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Yes bitcoin help me when I have financial problem, if i have urgent condition of money
I can make withdrawal the profit from trading altcoins and exchange it to fiat money
usually if I need pulse on the nigh and all of store was closed, I could exchanged bitcoin to pulse too.

eternalgloom

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Bitcoin is an excellent store of value in the long term, but it isn't really better than just saving money in the old fashioned way.
Some people are just better savers than other people and I don't think it matters if they use Bitcoin for savings or a regular bank account.

Also, how can you get financial troubles if you're saving?

whizter

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Quote from: Mkmanik on February 03, 2017, 12:54:50 PM

Of course Bitcoin meet my financial problems.Today i also sold 25$ for my personal problen,and the help of those money now my problem is solved.When i need some money, I sold them near to my friend,or facebook group.And i use those money for my personal work.Here people buy bitcoin for doinig gambling.Although Sometimes i face some problem selling Bitcoin with local currency.

as bitcoin is mad on the names of currency but still bitcoin solving such problems as compare to other currencies.

Mkmanik

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Of course Bitcoin meet my financial problems.Today i also sold 25$ for my personal problen,and the help of those money now my problem is solved.When i need some money, I sold them near to my friend,or facebook group.And i use those money for my personal work.Here people buy bitcoin for doinig gambling.Although Sometimes i face some problem selling Bitcoin with local currency.

noormcs5

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Quote from: Wendigo on February 02, 2017, 05:18:41 PM

Will Bitcoin help me if I have financial problems? Will money help me if I have financial problems? Will selling something of value help me if I have financial problems? I think the answer is pretty apparent lol Roll Eyes

Ofcourse ,any form of money whether local currency,Credit card or bitcoin will be most valuable in case of financial need. We do not need anything else but money only to get our all needs filled.
In short. money is important no matter which currency or form it is. Wink

CROYA86

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Quote from: olushakes on February 03, 2017, 10:08:42 AM

I believe only if one want to shy away from the truth will claim bitcoin or its exposure to it hasnt help in solving one financial problem or the other and to some others, it has even change status from a level to another financial level. If that would not be the case, then this forum wouldnt have been like this. For me, I have been able to meet some needs in a convenient way without it even affect my day job as a result of bitcoin which means I fall in the class of people who have moved from one level to another as a result of this.

until now I have never experienced a huge financial problems but I always just in case if suddenly there is a great need and a sudden but I do not have but I still got a bitcoin deposits which at times can I sell to cover my financial problems

olushakes

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I believe only if one want to shy away from the truth will claim bitcoin or its exposure to it hasnt help in solving one financial problem or the other and to some others, it has even change status from a level to another financial level. If that would not be the case, then this forum wouldnt have been like this. For me, I have been able to meet some needs in a convenient way without it even affect my day job as a result of bitcoin which means I fall in the class of people who have moved from one level to another as a result of this.

Carmen_Sandiego

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Quote from: barnes13 on February 03, 2017, 02:17:38 AM

Quote from: Mbah Tyo on February 02, 2017, 12:51:46 PM

could this function is a bitcoin for you and also including me, because I once had financial problems are urgent, luckily I had stored bitcoin, so when it is still helping the financial me because of the work of real I sometimes still lacking for covering daily needs

how about you whether they have been experiencing the same thing as me?

Glad to heard that you have saved in Bitcoin and Bitcoin can solve you financial problems, look like you have real job besides online job, and you get Bitcoin from online job, and I think many people who know about Bitcoin and having Bitcoin, use Bitcoin for daily needs and solve their financial problem, Bitcoin or fiat money very helpful when we know how to use them to something useful.

This is likely to become more and more common. The way Bitcoin works makes it easy for users to create a wallet, and make payments with it. That way, I think there is a great potential for more people to start working with Bitcoin, especially people working in the internet business.

AUDREY23

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Quote from: Carlsen on February 03, 2017, 02:30:46 AM

I don't think bitcoin could help me with financial problems.
My bitcoins are either bought from money I already have, or earned by a sig campaign.
The earnd coins ar not enough to be of any help, and the bought ones come from money I already have.
To me bitcoin is more of a hobby, and hobbys usually cost more than you can make profit out of it.

Another case with me, bitcoin very helpful to me when it is in financial trouble, in small quantities it can me up from the signature and the results of trade, to buy bitcoin I have never done,

johnnyyash

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As for me..I have Bitcoin stored incase of money to use....I go into investment that gives me more Btc..but meanwhile having my Bitcoin stored is automatically adding up as Bitcoin increases day by day..I don't lack...

Carlsen

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I don't think bitcoin could help me with financial problems.
My bitcoins are either bought from money I already have, or earned by a sig campaign.
The earnd coins ar not enough to be of any help, and the bought ones come from money I already have.
To me bitcoin is more of a hobby, and hobbys usually cost more than you can make profit out of it.

barnes13

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Quote from: Mbah Tyo on February 02, 2017, 12:51:46 PM

could this function is a bitcoin for you and also including me, because I once had financial problems are urgent, luckily I had stored bitcoin, so when it is still helping the financial me because of the work of real I sometimes still lacking for covering daily needs

how about you whether they have been experiencing the same thing as me?

Glad to heard that you have saved in Bitcoin and Bitcoin can solve you financial problems, look like you have real job besides online job, and you get Bitcoin from online job, and I think many people who know about Bitcoin and having Bitcoin, use Bitcoin for daily needs and solve their financial problem, Bitcoin or fiat money very helpful when we know how to use them to something useful.

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