Bitcoin Forum

Is good to share testimonies sometimes to boost the fate of others, when I lost my both parents in 2012 I became confused of life where to start or what to about my life and I always desires to be educated. One day a friend was sitting close operating on bitcoin and I ask him what bitcoin is all about, he put me through bits by bits, I didn't rushed to put my money into it, I took time to learn for about months I was still learning.

Then I finally took a step by investing and trading by myself, though is not always colorful as we expect but with due patients, I scale through the mindset of failures but keep enduring the ups and downs of bitcoin prices and to the glory of God, things went good over time.

I was able to go back to school, relocate to city, rent a small apartment call self-contained, and I have a small shop where am managing.

In as much as people have failed in bitcoin, many also have benefited from it, is all about being patients.
So patients with whatever you're doing in due time, you will enjoy your labour.

It's always good to see those who still kept their faith in Bitcoin even after losing their capital, some might just think of the whole concept of Bitcoin as a scam and vow never to do anything related to it again.
Although my story isn't as complete as yours but I have been able to handle my school bills by myself without having to worry my parents, although I don't haven a shop yet but I'm still hoping that in the nearest future I will be able to establish one after I have successfully acquire the knowledge required for running and managing the business.

Btw, may their souls continue to rest in peace.

It is good that you have kept your mind open. Currently , I do not think you should live on crypto investing alone. There are months and years of bear market and thus it will not give stable income. I am not against crypto but it is not an alternative to job. It is a good tool to diversify your investments though. Now there are people who invested in bitcoin in beginning and and have retired now with the money. But those days are not going to come now. It is hard for everyone to show that amount of patience. We should keep both positive and negative side of crypto in mind as an investor.

I don’t see any thing related on Bitcoin that help you in your life aside from learning it bit by bit. The real thing that helps you is your determination to have a good life by studying and working at the same time. Bitcoin is just an investment opportunity but the real reason why most of the people become successful of Bitcoin investment is their courage and optimism towards the Bitcoin value in the future.

You will surely sold when the price made a minor movement if you don’t have the characteristics that mention.

Well, supposedly it's because of bitcoin trading, although I'm sceptical of such stories. Assuming he got to know bitcoin in 2012 and it took him a while to get into trading, say 2013, is he supposed to have gone through the market downturn caused by mt. gox and come out successful? He says he made some mistakes, but without more data I find it hard to believe the story.

Wait sometimes I don't get what people understand by the term only source of income anyways because all understand about income is to have a sufficient balance that can pay all your bills and have some savings left in the account.
So as a trader if ops can make enough profits over time that will sustain his financial well-being and pay for his bills that is good enough to be a source of income for ops.
So we should avoid this statement of saying one should not take cryptocurrency as the only source of income but we should promote diversification of income, one can take cryptocurrency as the only source of income and later diversify into another sector.

Op your story is not really clear to me, you were confused in life which mean you were not working and there was no job which was bringing income for you and yet you invested in bitcoin to generate income. Is it that you missed something in the story?

By the way, sorry for the lost of your lovely parents. In life something must happened for you to progress and move to the next level. Probably your parents dead encouraged you to face real life and conquer it. Coming to bitcoin investment.
Understanding bitcoin is a rigorous process in which the learner must be patient to learn and he or she must have the eagerness to learn. And bitcoin is not a get quick rich scheme where people go and be scammed. One must understand bitcoin at least to some extent for investing, trading and for transactions. Risk management is a daily activities in the trading and invest field so you have to be aware of that.

The Mt.gox case is nearly similar to FTX today, and yet I am not a victim, in this bear market I have made some money investing into some projects very early too, I wasn't here in 2013 though but I am sure that mt.gox isn't the only crypto exchange at the time, some lost a fortune and some end up smiling, because they aren't caught in the mess, to me, I believe this story because I hustled my way up in crypto space since 2017 and OP story is nearly comparable to mine.

This user is a storyteller. Considering how many topics, he creates every day and how many moderators delete. Going through his posts, it is enough to understand that he is an amateur and creates tearful stories about his heroic past for merit.
We are accustomed to such newcomers and may seem cruel, but to prove that he has no experience, it is enough to read all his topics.

Your story is not clear or has many missing details, but it is great to see that someone has benefited from investing in bitcoin or that it has an impact on changing his life, and I hope that you will continue to develop your knowledge because it is the most powerful weapon, even stronger than investment.

The achievements of individuals differ according to their age, source of income, country and how to benefit from investment, and therefore you may get different results accordingly.

There are many people who made 'huge' out of this industry but that should not hide the fact that many people also have lost big. Also this is to break the idea that this industry is a quick way to get rich 'coz this is also the reason why many people are ending up throwing accusations of 'scam' and 'fraud' to this industry. The impression mentioned, is simply putting people to situation wherein they'd just engage because of the fact that people are earning profit from this technology wherein they should have started with knowing what they are tring to put themselves into. But not to break the celebration for OP and those of the likes. Do keep in mind that there's no such thing as easily earned profit.

you must be very lucky to have bought some BTC at such a very low price. 2012 was 10 years ago, if we all just knew what would happen in the future we wouldn't be ignoring BTC when we heard of BTC going viral and we may have bought as well and keep for a long-term hold. we missed a once in a lifetime opportunity.

so many people got successful with just patience but it's actually the hardest thing to keep. kudos to people who have more patience.
its not just the time to fill your wallets with coins but fill yourself with patience  :D

It's always the same similar stories we see daily in the forum. Without doubt bitcoin has given many hopes and also has improved the wellbeing of many. But investment in bitcoin is risky and also involves patience. Not so many people are patient about bitcoin, especially traders who always see the tendency of doubling their monies, they go extra miles to make profits which may otherwise make them lose all

Nice to hear some Bitcoin success stories most especially aided by bitcoin trading I must say this is a commendable move from your ops.

Even though I can not fathom how you make all that happen I can not understand your message.
But all the same, this is commendable and keep pushing to reach higher heights.

I think that the personal story behind Bitcoin can have many nuances as to why I did this and) or the other, walkers (bitcoiners) always have something in common,  that no matter how you get there the premises are not only looking for money, and that is where it is the revolution and the Bitcoin discussion.

Many people never exercise patient with their investment or trying to learn something helpful to their lives. I could also remembered when I started we where many that ventures into bitcoin as then they needed an easy way to make money, while some went for apprenticeship though they are now in their own but still yet satisfied with their earnings. Yet they are still trying to dive in back into bitcoin after long rejected the whole concept but with the prove were I am they are wanting to come again.

You're right, the patient dog eat the fattest bone, we have seen people that invested on bitcoin and their life had a complete turnaround because they follows the due procedures and learn when necessary before taking a step or move, while on the contrary we have seen some that have also invested and loss everything due to falling on wrong hands or lack of knowledge that cost them loosing it all either by scam or being hacked, the conclusion is that what you don't know will cost you your valuables and assets in ruin if care is not taken.

Just another testament that bitcoin market has changed lives throughout the years of its existence.
We will hear different variations of stories but all sum up, we can't deny the fact that btc market has been an instrument for so many people to change their lives.
Some may have lost but a lot have changed their path owed to this technology, especially for those who did not give up at their early stage of acquaintance with this market.
I have read and seen a lot of users in this forum alone to have change their lives for the better, and up until now, this industry is still helping them to survive.

If we examine those who claim they lost all in bitcoin from time, we will all realise it is due to their own negligence. This is because bitcoin only crashes and with time it will recover completely and give even more profits. What happens is that when bitcoin price crashes those amateurs will sell their bitcoin on losses making it impossible for the price to recover.
So with the nature of Bitcoin and especially from inception, no one should be saying they lost all in bitcoin.