whether bitcoin help you when you have financial problems? - page 6.

erickkyut

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Quote from: Jeremycoin on February 02, 2017, 03:12:12 PM

It does, a lot. I've been having some financial problems lately, and I don't know whether I could go through it without my Bitcoin. Bitcoin has helped me a lot with my financial, whenever I need more fiat I would just sell my Bitcoin. So I feel really lucky right now with the fact that I can earn Bitcoin myself, I never think what might happen if I never know Bitcoin.

Same here brother! bitcoin is really helpful with my financial needs! It helped with my everyday expenses. t also provides me with my mobility fund that I use in my work. Bitcoin has been a great help to everybody not just financially but also it teaches us a lot of things.

Superways

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Bitcoin is my main source of income and I am using it for any of my need. Whenever I need some money for any thing to buy then I use my bitcoins for that thing and if anything is not available with bitcoin like food then I often convert my bitcoin to fiat and I buy with that fiat that is also a help to me by bitcoin because when I earn bitcoin then I use them into my fiat form.

Nahl

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i wasn't facing financial urgent all this time but if you ask bitcoin could help financial problem i would answers yes because for now i could make steady income from bitcoin even i still cannot use it for my daily life but i could exchange my bitcoin into my local currency and use it to buying daily needs

ethereumhunter

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bitcoin is really help me to to solve my financial problems although i can not yet make much of money, at least if i want to make withdraw to buy something, i can easily exchange it with fiat. i think we have the same experience but we do have different for experience and i want to save more bitcoin for future and when i see the price is up maybe i will withdraw again and use that money to buy something or save in my bank account.

marcoman22

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Just before three months, i had to quit my job suddenly from dubai and return to india. Fortunately, i had saved 0.6 btc in my wallet.The time when i came was when demonitisation was announced in india and people were suffering.My bitcoin savings helped me a lot.I was already participating in a signature campaign and earning 0.03 btc per week.I also do trading with my savings.Bitcoin is the only source of income for me in india now.

lionheart78

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I have lots of experience when bitcoin saves me from my financial crisis

. It is a good thing that I learned to keep parts of my earned BTC here, and from trading. As what of one of the thread say here "Savings really works". It was an unexpected turn of event when some unexpected expenses came and all the money were already spent to the family monthly budget. Lucky I have some bitcoins saved in my stash and I used it to cover the expenses .

Golftech

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Quote from: Mbah Tyo on February 02, 2017, 01:51:46 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?

Me, personally i did use btc to pay my electric bill and cellular so its also part of my emergency things to comply using real money but i use bitcoin in replace its a big help having btc as a sideline because aside from my day job salary i got emergency funds and thats my btc.

Kakmakr

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Something that might help, would be to move your income from Bitcoin, directly to a paper wallet and then giving that paper wallet to someone you can trust. This way, you will not be able to get to that money, if you do not have the private key.

This is like having a savings account, but you do not have the password. Alternatively you can use something with multi-signature. ^smile^

Bitcoin is a currency, not the solution to the worlds problems.

HabBear

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Quote from: Mbah Tyo on February 02, 2017, 01:51:46 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?

What you experienced wasn't caused by bitcoin. It was caused by savings. You saved some money...so you had some money when you hit a tight spot.

Good for you man, keep it at. Any system that works is a good system.

zidanw

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apart from my job I get money from bitcoin although not as much of my salary every month but it was enough to overcome the financial problems until I get a salary at the end of the month

Doms

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I always end up converting my accumulated bitcoin to fiat because of certain needs that arise from time to time. I want to change that this year, I just want to buy and earn some on the side so that I could really make a good part of my portfolio with bitcoin. I am targeting to finally to get one bitcoin hopefully before the year ends and just let it grow slowly.

machinek20

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Bitcoin does save my financial problem, it is a good investment for future, and it had become a good extra income for me and i think some of the people rely on bitcoin as the income source, so bitcoin really help my financial problem

error08

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Quote from: bitbunnny on February 02, 2017, 03:43:01 PM

Quote from: LeGaulois on February 02, 2017, 03:23:34 PM

You are saying bitcoin "help you" when you have a financial problem. And say because you saved bitcoin on your vault it helped you. But you could do the same with physical money, if you save money it can help you during a hard time too. You are turning like if Bitcoin is the only solution to financial problem. It's not like if you are unbanked or somehow limited to use your account and bitcoin can help you, considering you can exchange for cash or you can pay a physical store in BTC, since nobody can limit your wallet

That is true you can have savings in Bitcoins or in fiat money that can help you through hard times and financial issues. But for some people, including me, Bitcoin is source of extra income besides fiat money so in that sense Bitcoin helps to enlarge your weekly or monthly income and thus also helps you to cover some expenses if necessary.

Planning to do wealth diversity just in case something happens to economics in the future, we never know but must be ready.
I've saving not only in fiat money but bitcoin too, gold and buy land are in process.
Bitcoin and fiat money aren't the only solution obviously, there are plenty of them (economy solution) out there.

Wendigo

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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

Wandering Soul~

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Of course it will help cause I have my own savings in bitcoin as well as fiat and if something happens I have something I can get money to . But I've never used my savings on bitcoin cause when it come to financial problems my fiat savings is what I always use, As much as possible I'm trying to keep it cause I decided to take bitcoin seriously as an investment .

Honestly, It is much easier to save money on bitcoin since its an alternative payment system or my 2nd main money so of course I mostly use my main . Once you received your bitcoin it will be hard to spend it as you will need to convert it into fiat which will take hours unless you spend it online .

LTU_btc

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Slava Ukraini!

Bitcoin can help if I have small finacial problems. I don't have bitcoins which would be worth thousands of dollars, but I have enough bitcoins which can help if I face lack of mone for my dailt needs. I'm still prefer to hold biggest part of my savings in fiat.

Raimonn

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In my case, bitcoin savings could help me at the same way that gold savings or fiat savings. I think bitcoin could help more on countries where governments banned some of the fiat paper money (like India or Venezuela). On long time bitcoin is increasing its value, and this helps too to increase your savings value.

bitbunnny

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Quote from: LeGaulois on February 02, 2017, 03:23:34 PM

You are saying bitcoin "help you" when you have a financial problem. And say because you saved bitcoin on your vault it helped you. But you could do the same with physical money, if you save money it can help you during a hard time too. You are turning like if Bitcoin is the only solution to financial problem. It's not like if you are unbanked or somehow limited to use your account and bitcoin can help you, considering you can exchange for cash or you can pay a physical store in BTC, since nobody can limit your wallet

That is true you can have savings in Bitcoins or in fiat money that can help you through hard times and financial issues. But for some people, including me, Bitcoin is source of extra income besides fiat money so in that sense Bitcoin helps to enlarge your weekly or monthly income and thus also helps you to cover some expenses if necessary.

BingoDog

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Bitcoin helps me to improve my budget and sometimes when I didn't have enough fiat money bitcoin helped me to fix that. I think there are many ways that we can earn bitcoins and this extra amount of money could help us to fix some smaller financial problems and difficulties.

LeGaulois

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You are saying bitcoin "help you" when you have a financial problem. And say because you saved bitcoin on your vault it helped you. But you could do the same with physical money, if you save money it can help you during a hard time too. You are turning like if Bitcoin is the only solution to financial problem. It's not like if you are unbanked or somehow limited to use your account and bitcoin can help you, considering you can exchange for cash or you can pay a physical store in BTC, since nobody can limit your wallet

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