Bitcoin Forum

Keeping records and history is a very important aspect in the crypto industry, as it helps us know the the event that took place in the past.

So many people, when you suggest investment in the crypto industry, they will tend to make excuses of market volatility and coin performance in 365 days without even doing there own research, what about some years back?

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus,  you would be obviously filthy rich.

I hope that this open the eyes of most newbie's the potential of Bitcoin, if you are already in the Bitcoin market just be happy because this market have a lot more to offer,

The most simple but effective way I use to navigate my way in the market is the DCA method I use, accormulate as much Bitcoin as possible because the bull run will definitely change the history of your finances if you position your self right and wait patiently for the bull run to come .

This is no news, Bitcoin has the capacity to turn even the poor but well-informed people to be wealthy. It's all about the risk the person takes at that time that it's at low prices. It's still not late though. The regret I have about Bitcoin is that it wasn't as popular as this, if not, I don't think I would have missed out on being a millionaire in the USD through it.

Such a very big investment success might not be possible again, but in the long run, the person that consistently invest in Bitcoin will never regret their bet on it.

So you mean if I invest $1000 in Bitcoin right now, in the next thirteen years Bitcoin price will reach $135,000,000 or 5,000x times higher?

This kind convincing strategy is really bullshit, if people want to change their life, they need to learn a high paying skill instead of investing small amount of money and hoping the investment will increase really really high.

Nice to DCA to be able to buy at varying prices. Bitcoin price is going to increase after next year halving. We have been waiting for this good period to come and it is not more than 7 months when bitcoin halving will occur.

People that make money with bitcoin are not likely poor but may not be rich either. People that invested in bitcoin are the once that are making money from it but poor people have other things to use money to do which may not let them invest in bitcoin as the money is not enough.

Would anyone have known by the time 2010 rolled around that bitcoin would be above $27K or higher? You are comparing unrealistically as if for those who bought bitcoin in 2010 there were many people doing it but in reality there were not.

If you want to be rich buy bitcoin now in other words 5000 BTC :P and wait 13 years you will be rich.

If you have a more effective way to invest then use that strategy, I think DCA is a common conversation here, I also do it because this is one of the simpler investments there is no pressure anyway, if about wanting profit then of course there is a target that must be achieved at what price it is sold.

Focus on accumulation and wait for the bullish after halving of course the rally will come.

Well things have changed since then with the idea of decentralization. If theres chance I could go back to that date then Im possibly buying a lot and hold of them until few years back. But right now, with that such price how can we believe that it could go more than that now? Like ita 27k could be like $27million a piece? We need to consider that and right now there are other choices too aside from it maybe we could bet on that instead?

This description should also be included in the topic you create to provide motivation to people who you say are beginners in crypto trading.
Another story about many people around 5 - 9 years ago who sold bitcoin for various reasons because they did not know the price of bitcoin could reach above $60k.
People who have sold bitcoins they bought at $10k don't know that bitcoin has already reached $28k.

Need comparative data to convince yourself before convincing others to invest in bitcoin and not rush to sell it. It is also necessary for each person who already has bitcoin to know that bitcoin is not only an asset that can be used for investment, but a means of payment.

If we talk about the history of bitcoin prices in the past, it is very tempting, bitcoin has a very cheap price and there is regret "why didn't I buy bitcoin at that time?

But we can't go back to the past, all we have is the present and the future. Maybe we don't have a past but we can make a future. Bitcoin prices are always rising and touching new ATHs, so it's never too late to hold bitcoins. There are many instruments and strategies for buying bitcoin, we just have to choose one and adapt it to our finances

Bitcoin is indeed a potential investment, but relying solely on it and dreaming of a rich future without working is just bullshit.  but unfortunately, this is the thinking of many people, they even refuse to work and use all their savings to invest in bitcoin with the desire to change their lives quickly.  and that was not the purpose for which Satoshi created bitcoin and that only made bitcoin's reputation worse in the eyes of many people. 

Indeed, if we want to change our lives, we need to have a high-paying job and try our best, not just wait for a bitcoin investment.

The reason that made you sell at a price of 27,000 is the same reason that made you sell at a price of 30 dollars and you are a buyer at a price of 0.2 dollars, or 3000 dollars and you are a buyer at a price of 0.2 dollars.
I remember that I did not believe that the price of Bitcoin would reach 11 thousand dollars, and some of us had sold at that price at that time, so it is difficult to find an ordinary person who does not believe in how Bitcoin will develop or the need for it in the future. He will decide to keep Bitcoin at that price, and some of us may sell at The price is 100,000, and the price may reach 500,000 in the future.

Bitcoin indeed holds promise for the long-term timeframe, largely due to its demonstrated price increases each year. However, relying solely on history as a reference is not a completely foolproof strategy, as the future is not entirely dictated by the past. Despite Bitcoin's predicted annual price growth, there will undoubtedly be bearish moments that serve as a reminder of how volatile the market can be.

I acknowledge that Bitcoin has an impressive price history thus far, but ensuring Bitcoin's price next year is by no means an easy feat as long as price fluctuations remain relatively high.

Bitcoin can't change lives. A wealthy person isn't rich because their investment went 10x within a year. Their mindset is what defines their wealth. If your ideal life is to chill, go out for clubbing in the weekend, get high etc., then you're not going to be wealthy just because you happened to buy the dip. It requires to focus and acquire skill, and in my experience, it requires you to embrace responsibilities.

Bitcoin is good as long as you're working on what you love and doing it with passion.

Bitcoin can help a person richer but can not bring wealth and prosperity to the person sustainably. Because to have sustainable wealth and prosperity, there are many things to do with your assets, capital management and risk management as well as how you spend your money after getting richer with Bitcoin.

Like star athletics who can earn massive money when they were young but after their career retirement, many of them have very bad finance. It is because they overspent in the past, maintained that bad spending habit and when they have less income after retirement, their finance will be at verge of nightmare.

Passion to learn basic, securing your wallet and bitcoin (don't use custodial wallet, online accounts for storing bitcoin), and using bitcoin for money transfer on Bitcoin blockchain are very good basic practice to love bitcoin more with time.

In the mean time, if we can hold our bitcoin, we can enjoy its value growth.

The bullish case for Bitcoin (https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1)

I'm getting fed up with these types of threads that, first of all, only focus on price. As if bitcoin is nothing more than something that goes up in price.


You could have done the same with Google or Apple shares, or even Lehman Brothers if you had sold just before the catastrophe. To look at the past and simply think that because the price of something has gone up a lot you would have become rich is very short-sighted.

As we have discussed many times on the forum, when the price was worth a few cents and went to $1 most people sold. Others bought at $1, the price went down and sold scared of losing everything because at that time the risk of Bitcoin going to 0 was much higher than now.


I would like to see people's eyes opened by the security of the blockchain, its decentralization, the possibility of privacy and other features that make bitcoin unique and much more than just a thing that goes up in price.


Yes that's all well and good, but that's the millionth time it's been said on the forum.

That's the best part of it where people doesn't know about on how far bitcoin could go but don't get fooled on your created comparison since what happen before and now is completely different. To many people doesn't know yet if bitcoin could go that far but since we have see a lot of events that bitcoin price could go up then it could possibly open the eyes of newbies that they should try it and try to decide on what they should do about what they learn about bitcoin. But they also make sure that they will not expect anything not possible since on bitcoin investment we need to know the realistic events and don't overlook on risky or uncontrolled situations, always learn when to take your profit since as of now this is the best way to earn on our bitcoin investment if that's what you mean here.



DCA is one of the best method so to know more about it better for newbie to test every situation so that they could test it for long term and see a best result on the investment decisions they do.

Bitcoin can change someone's life, for better or worse. People's fate is different, behind the success stories, I am sure there are many sad stories that are not revealed by the media.


As far as I know, most people look at bitcoin by its price. Like it or not, but that's what happened. When I write in a Google search using the keyword "bitcoin" the search results display the price of bitcoin

Most people don't care about the features and concept of decentralization, for those who see Bitcoin as an investment, what matters is the price.

Keep in mind the inflation too added to it the general misconceptions about crypto existing in the world at that time. You would not be buying so many bitcoins at that price even then.

I would say bitcoin has been an exceptionally good investment, putting in money back then with the risk on your head if the asset turns bad, needed guts for any common person.

At the same time, many people sold their bitcoins too when it became 10x of its original, thinking it would not go up anymore. They were not wrong in their decision making and the same can happen to anybody today.

One of the changes that I have found in Bitcoin is the ease of transactions and freedom of ownership without a third party as currency and freedom without restrictions if I use it for investment.
Bitcoin cannot change lives. Bitcoin can change the way people view the financial system.

People's mindset will determine what will be created. Owners of large companies are not afraid to hold onto bitcoins for years because they view bitcoins differently than people who view bitcoins as a means to get rich.
This solely depends on one's confidence in bitcoin when buying and selling.

Definitely thats drifted calculation based on what Bitcoin had in the past. Back then Bitcoin was completely new and peeps wanted to try out the new technology. Take the taste of it and see where they fit into it. With the time those who got interested and sticky around Bitcoin got their price tag after a decades of time. I would say it’s not a joke to stay patient for such long period of time. If they did then they got what they deserved to be honest.

Now what just mentioned above is not possible now. Everything is too congested. There is huge competition between the buys and sells. Everyone is having different DCA right now and we have come along very far now. It’s time for hard hunting. More patience this time, more time to be given for Bitcoin to rise in price.

The question is: would you be holding those coins until now or would you have sold it a long time ago, once you made some profit. Take note that so many people also lost their keys, were careless or were hacked, some of you just talk about investing and making money, like it is so uncomplicated, there are so many things that could also go wrong.

Stop it with threads about "how BTC changes lives", "how BTC makes your life bright", and all the other nonsense, i think in this section we ought to be dicussing more about BTC in itself as a censorship resistant and permissionless currency, not how it would make you wealthy in 2140.

That was very different era though, I mean bitcoin was just on it's infancy and so the price is just less than a dollar, we don't know what the future brings that time. So there could be investors who buy a lot of bitcoins and then totally forget about it and then later they have a stash and try to recover. Some of them might be successful, but I guess the majority is not.

DCA is a good strategy, but you have to be mentally tough as well. Because it's a hard and grind approach, every week or every month you have to put aside money. And you might be tempted to see the price growing and think that it's better to sell and take that profit. So it's not that easy to DCA, but its very effective if you have gotten over the phase of not selling even if the price is going up, maybe except when we are the bull run.

Your life is yours to decide, bitcoin or any other asset will not decide for you. It is just one of many other tools you can use to change your life. Don't abuse or rely on it just because it has a history of millions of percent growth and has made many people rich through early investments. Bitcoin has potential but also has unpredictable risks, so invest in bitcoin with a clear head, don't be too ignorant or blind and have the illusion that it will be able to change your life. You are the only one who can change your life, don't entrust it to anyone.

Bitcoin could literally change life of a person, but only if the person doesn't have the knowledge and experience, of course that potential and benefits would be useless. Plus people could be wealthy in many ways not only to Bitcoin, it can't changed someone's life without the person's action and initiative. It would still depends on their mindset cause you know Bitcoin's benefits still you choose to laze around and go with the flow. But I don't argue with that, cause some people are really knowledgeable in many ways so they might have other options which they think is much suitable for them. For example building a business, investing into Bitcoin and crypto industry might be complicated, but other investment is complicated as well that could give you the wealth everyone's goal.

The majority of bitcoiners use the DCA strategy. It has been extensively discussed and it is one of the most effective, convenient, and stress-free ways of accumulating bitcoin. There are others though. In the first quarter those who used this strategy effectively will have their bitcoin assets double.

He obviously got his math wrong. Forgive him. The point he is trying to make is that anyone who invests in bitcoin will have their investment double or triple in many years to come. That is the idea.

Sometimes I wonder how people only view investment in Bitcoin as a way to get rich without looking at other benefits that it comes with, Yes the possibility for Bitcoin to increase in price over time is there, But thinking that the price will perform what it did from 2010 when it was traded around 0.2 cents dowqn here at price of $27k and making investment base on that and hoping that Bitcoin will do same in the price in future, such mindset need to be changed because BTC may not attain such performance in again.

Bitcoin has changed a lot of lives, and it has grown immensely. But not all change was positive. Some people invested in Bitcoin but locked themselves out of their wallets by accident; some held their BTC on centralized platforms that performed exit scams; but sold at a low price during bear markets.
Bitcoin isn't a guarantee that things will be great, and some simply think that it's too late to join the ride, as Bitcoin has already grown so much in the past and must be reaching the peak of its potential.

When someone talks about how much money they would have made if they had bought BTC back in 2010 or 2012. Only one thing came to my mind --> Don't rub salt in the wounds  :o  Because sometimes I also have such thoughts about how and in what circumstances I would be aware of BTC. For example, few days ago I was watching this video --> https://www.youtube.com/watch?v=ejiqbzqmxSE which was uploaded 12 years ago. And I wished that, I would have watched this video back in 2011.

But at that time, there was no internet in my area, I was not aware of the internet and the new technologies going on in the world, even though I was around 13 years old at that time, I did not use a smartphone till I was around 16 years old. But I wished, if my elders would have used the internet and they would have seen this video and bought BTC then we might be rich. But as a religious person, our Islam tells us to not regret things that we did not get because there is a reason behind everything.

Now coming to the DCA strategy, I also liked this strategy, because I got my Signature payment every week and that works as my consistent investing in BTC on a weekly basis and For the past 3 months not a single week has passed in which I did not did DCA. And I am very glad that I am on this path and pray to Allah that he will bring sucess out of it.

Even you bought Bitcoin at $0.2 at that time, I'm sure you will sell it when the price reach to $1 because you think it's already 5x times from your capital, you've make some good amount profit. No one can believe at that time $0.2 will become $27K right now, that's why I'm not regret for not buy Bitcoin when the price is still less than a dollar. So if you think Bitcoin can do impossible thing in the future, you can stat to accumulating Bitcoin from now.

I myself had sold it long time ago, being blinded with the small profit I made from those bitcoin I had, I made a really bad mistake. It's easy to say that "if I hold it until now" where we can't really predict that we are on this price point right now. If I know that bitcoin will appreciate up to it's current all time high, I would probably not sell it despite of the profit that I got before but yeah, it's something that a lot of us missed which is failing to realize what kind of feat does bitcoin can achieve. Move on and leave the regrets, it's the lesson I've learned from the years of being in the cryptocurrency space. For sure there are other opportunity out there.

Yes, your words are undeniable in saying that Bitcoin has not changed some people's lives. If truly they are people that purchased bitcoin at the amount of 0.2, as you said, and they did not sell at an early time, they will definitely make great profits, but still, it is for the set of people that purchased many amounts of bitcoin. There were some people who had the opportunity to purchase Bitcoin at a low price, but seriously, they sold it before the price went very high, so even if I were opportune at that time when the price of Bitcoin was low and I was able to buy it at 0.2 price, I would have sold it before even the price hit 100$. Holding Bitcoin for a very long period of time is not easy, but if someone can try that, I believe they will definitely make a good profit from their Bitcoin investment.

When I started using Bitcoin for the first time, I did not think about investing in it. Normally I started using it to pay someone. I did not really understand why itss price fluctuated so much. Slowly I was using it and saw sometimes it goes up and sometimes down. I didn't even know when I understood how the market price changes. But now I know for sure.

My life kinda changed because I made my pocket money out of Bitcoin. I won't say it's a significant change. It's not possible to change the living significantly without investing enough.

I also think that this comparison is flawed. Very few people will still own BTC today if they bought it in 2010. In retrospect, I can even imagine that the MtGox hack ended positively for some. Otherwise, some would have sold their BTC long ago.

No one can answer whether the rally will be repeated in the future, only time will tell.

For me bitcoin can change lives in ways that have NOTHING to do with "profits" or "gains", to me it's all about what bitcoin represents which is a level of freedom that we've never seen before.  It represents a new money system that takes away the tyranny of traditional fiat that our government "overlords" have placed upon us.

This is how bitcoin has changed my life, not profits.

You are right, because even those who have bought the BTC at an early price do not mean they must be rich by now and will not be played by the market emotions and will not sell their BTC. I was reading a post here on BTT that a whale sold his 30k BTC after falling into the hands of FUDs spread by some group or people back in 2015, and that led or made that whale sell his 30k BTC.

I mean, even if he had bought that much BTC, he must be the one from thousands who have gotten this golden opportunity but sold those BTC at a total worth of 9 million, which for him is a decent profit. And for another second thought, who knows whether he sold those BTC in FUD or whatever?

Those who have accumulated BTC either by DCAing or by Lump Sum back in 2010 and were able to save them till 2023 are the real heroes, and till now, they must be out of every doubt about risking their funds by keeping them in the form of BTC. Because now they must have seen the real potential of BTC and where it can take them.

Op when I see your topic, O said I must come and correct the word "can". As a user of the coin and as a beneficiary of the technology, bitcoin has changed lives and not can change, it has already changing lives and it is producing millionaires and Billionaires every bull run. I noticed bitcoin in the year 2015 in a seminar and I was like what is this all about, though I opened a wallet but the way the instructor taught us was not clear enough so after the seminar I forgot everything. But still having small knowledge about it, and I also wanted to buy from one the participants buy the guy refused so I abandoned the whole idea if joining bitcoin. And this I have already said I'm my first experience on bitcoin. If I did  buy it at that time by now I would have been a millionaire from the technology.

I'm cocksure that so many here now who regret why they didn't know about Bitcoin during that era you've described, claiming they would've bought in then if they were around, would still have not bought. Even now if price dipped so much, many people would be very scared to buy in. You see, we only tend to be wiser on hindsight. The decisions we take that will turn sore in future would seem right while we're taking them. That's how life is. Even those who bought Bitcoin then didn't know it would get this big today. If they knew, those who sold when Bitcoin crossed $100 in 2013 and celebrated it like it was the 8th wonder of the world wouldn't have sold off. It's the same way we're celebrating the current ATH of $68k+ now, wait when price gets way over $200k and it would look like we wasted our time shouting in jubilation now.

 Yes it is true Bitcoin made a lot of impact in people life when it’s got it high time all, same way it also cost a lot to to some that were not wise enough to know when to step in. Those that invested saw the twist Bitcoin bring, it changed a lot of people and companies into becoming millionaires. So yeah Bitcoin can change one’s life and it will continue to change lives, it not too late to invest still on Bitcoin, very soon Bitcoin will be mainstream and when it does, we are looking at seeing a new all time high maybe over $150k. Anyone who doesn’t see this as an opportunity to improve their standard of living is just ignorant of the truth.
  There’s so much golden opportunity in the crypto space and it’s is time to join the moving train, if it happened before then it can happen again, if the power holding countries like the U.S and Russia support the use of Bitcoin in every institution this will give it more credibility. And this is going to be the case very soon. Bitcoin is here to stay, I don’t see bitcoin leaving anytime soon or never. The world is fast evolving and bitcoin is a technology that can see that it all happen.

I'd just say to those people how I have experienced good things about Bitcoin but, it may or may not happen to them for some instances.
1. The price of Bitcoin really differs and many can't afford it at any rate.
2. The difference of Bitcoin's price from my experience and also to the person that I am saying could be encouraging but in reality, disappointing.
3. It all ends up with the same thoughts about regretting in the past, present and future. Most people are saying the same thing about not buying early.

In hindsight, you can now call it is a bad mistake, but when you were selling then i'm sure you were happy with the profit you made, that is why i think people shouldn't be sad that they sold their BTC, as long as you were happy with the decision then, you shouldn't be sad now in hindsight.
You can't say that yet until they have been refunded, take note too that they are not going to be refunded 100% of what they lost.

Bitcoin is a life changer, it have changed my life positively and also counting enormous profits generated from investing in bitcoin. Sometimes I looked back and I'm grateful about the system and always happy about my decision weigh back. Bitcoin is hugh positive influence on the minds of traders and investors. Sitting comfortably at home and making gigantic profits, comparable to those working class individuals who go to work daily for the purpose to sort out their bills. All we need is having our personal laptop and key into crucial knowledge of cryptocurrency.

We know everything actually, Bitcoin could change lives. But there are a few facts that affect us when we invest in Bitcoin. It's because fear always works on our minds. When Bitcoin starts dumping, most of us dare to buy. We become afraid it may dump more, and we may lose. I am pretty sure that for this reason, a lot of individuals are missing Bitcoin. Even I move my bid down when I see a sudden dump, and that's how I fail to buy. It's just that I become afraid when I see a dump, so I move on. So we have to learn a lot and have patience. Otherwise, Bitcoin won't change our lives.

It is a proven fact that Bitcoin can change lives even without mentioning the price surge of its market.  Before Bitcoin was created, unbanked people has no means in participating in international trades, so they are missing out on many things that need bank to process.  With the creation of Bitcoin, this unbanked can now participate in global economy, thus they had given opportunity to do business world wide.  This alone can change lives of people that wanted to do international trades or businesses.

I think it is a "slogan"^{Topic: Re: Bitcoin can change lives} that, far from attracting trust, distances it and it's funny to think, it was not used in the beginning and has been used years later when the reality of such an assertion depends on... so many factors that it is not only about having bitcoin or manage it with some trading strategy, bitcoin is today a technological tool for citizen empowerment, which can mean a very beneficial percentage profitability. (If the big income comes, that's fine)

It is true that Bitcoin can change the life of someone who wants to learn about it and invest, but for those who don't want to know and learn about it, of course this is just normal for them. You are right with the presence of Bitcoin everyone has the opportunity to do business anywhere. If we have the desire to start then we need to study it well and understand all the risks that may occur in the investment we make. In collecting it, we have to use a strategy so that we can get a profit from what we have done.

I guess you do not understand that the days of such quick multiplication is over. That was the “early birds” time, and it’s common with any investment that investing early gives you a higher return chance. As time goes, Bitcoin’s growth will become slower and slower. It’ll definitely keep growing but will not be like back then when it was a whole lot cheaper.

Your desire to learn and invest in Bitcoin is admirable, and your strategy-oriented approach is excellent, yet the ever-elusive “right” plan sneaks into our debate. Doesnt it seem odd that these tactics are so diverse and fit no one?

Learning is essential; we know, preach, and live that. Many tactics that one swears by can be another's downfall. Strategy responds, frequently in a language that isnt universally understood or applicable. While we cheer every Bitcoin triumph and nod in approval at the dedication to learn and grow, lets think about how we might help people develop and adapt tactics to their specific financial landscapes and risk tolerances.

It is true that Bitcoin can change lives. Bitcoin has also changed my life. Ever since I came to know that there is a digital currency called Bitcoin, I have been buying Bitcoins with some money from my earnings. A few months later, when the price of Bitcoin went up, I sold it. And I went from poor to very rich.

That's an interesting story. When did you start buying it and sold it? Don't you have plans to start buying again?

Sometimes when I see numerous questions asked by people over bitcoin changing someone's life, and many people in forum will say yes that bitcoin changes live, before bitcoin changes your life that means you have been investing in bitcoin for years and you have targeted when the price of depreciate and you utilise the opportunity, so therefore I believe that bitcoin can only change your status when your investment in bitcoin enters bullrun and not everyone alway been opportune to make profit with bitcoin, secondly many people who to forum think that a signature campaign is bitcoin investment, no" you are receiving payment with bitcoin doesn't mean bitcoin put smile in your face, invest in bitcoin and make profit it's when you will know that investing in bitcoin is difference from signature campaign payment.

Definitely Bitcoins have changed the lives of early investors who showed trust in it. In the initial days when everyone looked at Bitcoins with hate and considered it as a mode of scamming people, these people showed trust in Bitcoins and invested in it. They knew the capability of Bitcoins and hence they bought and stored it. Bitcoins are limited in number. This one statement is enough to tell what Bitcoins will do in the future. So just accumulate the Bitcoins whenever you can and sell it at higher price.

It is not Bitcoin that changes our lives but us ourselves. Bitcoin is just an asset that we acquire and it always depends on us whether how we intend to use Bitcoin either we buy and sell or just hodl. Our strategy and our emotions are factors affecting the achievement we got at the end of the day. Bitcoin is for me an effective tool to change our lives and unfortunately, it is not instant.

Limiting the quantity needs to be accompanied by utilities that everyone needs, then the scarcity of bitcoins is truly promoted. If bitcoin were not anonymous, not peer-to-peer, then scarcity would not work.

But saying bitcoin changes life is not entirely true because it depends on us. If we simply think that buying bitcoin will make us rich, not many people will lose money investing in bitcoin. Bitcoin is a volatile asset and it will change the lives of those who know how to utilize it effectively.

I also don’t think this kind of method can work in the industry, but rather someone should have another thing done that will pay him out there. I think that will be much better because the money that’s the OP thinks will be profit is too high, and when is that going to be possible? I believe it will take too much time, even though we advise long-term investment. However, if it’s a skill or job, I believe some may get the money the OP wrote there before the time he indicated, so I also think had paying work outside will make more sense than this one.

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However, someone can also use a small amount of money to invest and then focus on other things that will generate him more money outside the crypto space because, to me, it makes more sense than investing a large amount of money in crypto and staying poor or facing financial difficulties. You can see that that little investment you have there will be there for a long time, but for someone to invest a large amount anytime the price goes another way that he thinks will not fail, he will start panicking.



Yeah, bitcoin changes our lives based on how we view it. People who invested in bitcoin in the early days of bitcoin are the ones who benefit more. We early investors don't view it the same way they did, so most of us today are so patient to hodl for a long time that we are not ready to take such a risk. If you look at the early investors, that is what helped them. However, I believe that when emotionally okay in the crypto investment, I believe bitcoin will change our lives positively if we follow the due process.

     I didn't read anything where Op said that 13 years from now anyone has to buy 1000 dollars to become rich. It seems he just showed the situation 13 years ago that if there were people who invested 0.2 dollars, the price of BTC worth 1000 dollars is rich for sure at the price we have now.

    But OP did not emphasize that we should buy at least $1,000 of bitcoin now and then wait 13 years for what happened 13 years ago to happen again. That's not what he said; well, he did mention that it would be nice to do the DCA, which he was right about. I don't see any reason why what he said is bullshit. I'm not defending the OP; I'm just showing what the argument is being discussed here; it's just that your interpretation is different.

Even though the growth of Bitcoin that you see now seems slow in the market, it could turn out to be faster because in the past Bitcoin has also grown more slowly. However, this does not last forever because faster price growth changes can still occur in Bitcoin, and it is very natural that investors who invest early will get higher returns. Because they have long risked their time by being patient on the investments they made earlier.

You can continue to apply this to yourself, because if you buy Bitcoin just once you can change your life and become rich, just imagine if you buy Bitcoin many times and you can continue to make a profit from your purchase. Maybe you will be much richer than now, although everyone also has to hope for luck after buying Bitcoin because not everyone can make a profit at the same time on Bitcoin. So apply this as much as possible so that you can continue to be rich and not become poor again in your life.

Yes, it is true that Bitcoin can change lives, but we also have to take a risk for it to change our lives. However, one also needs to sacrifice what one can afford to lose in Bitcoin. When the price of Bitcoin is low, there is no need for the person to hesitate about buying as much as he can afford. Bitcoin investment is what not to joke about, when you have the money to buy, buy at that time and not to adjourn for letter.

For one to get rich in Bitcoin, the person must be committed to accumulating Bitcoin either weekly or monthly just for over a long period of time. Bitcoin is not a get-rich-quick scheme. Patience and knowledge are the most important things. Why is knowledge? Knowledge is to learn how to buy and also how to minimise spending on a daily basis and patient is to control your emotions when price drop and still continue to accumulate or extend the date for selling your holdings.

Your suggestions is great but the economy situation of the world most time force people out of the market when things become extra ordinarily high and the cost of living is very difficult.
Since Bitcoin bull run and bear market follows almost same pattern, I think a new investor who has made profit from any of the bullish market can diversify their profit to businesses to make more profit then re-enter the market when the bull run is closer.

We all know the past events of Bitcoin and the value of Bitcoin was once very low. Those who invested at that time have now got a huge amount of profit, and they became rich overnight. We can say Bitcoin is a digital currency that can change the future of any person and solve their financial problems. Although we saw that the price of Bitcoin once touched $69k dollars and then Bitcoin made a new history in the crypto world. Moreover, people are making their money in Bitcoin because of the current position of BTC and people are most interested in investing and because of the huge amount of profit that can be made from Bitcoin. And if you are currently investing in Bitcoin, good days are definitely ahead for you. As we wait for a bull to come, people are investing and hodling Bitcoin so that they can make enough profit.

Agreed, bitcoin has not only changed people to gain profits from investing in bitcoin alone but also changed bitcoin as a substitute for banks for transactions around the world.

As happened to me who didn't have Paypal, didn't have a Mastercard, and previously couldn't make online transactions and purchases between countries. It's very different now with Bitcoin I can do everything, including now I can get financial benefits because I have invested in Bitcoin.

There are many benefits, as we can see now from this bitcoin forum, many people feel the benefits of Bitcoin because it has given us opportunities and made our lives better than before, and of course we have to thank Satoshi Nakamoto.

Bitcoin certainly has the ability to change lives if you believe in the process and hold Bitcoin for the long term. Let's say you purchased BTC 10 years ago; you could be a millionaire by now. If you invest in BTC now, there are chances that you might end up earning huge profits in the next few years. It could be more than your pension fund. Invest in Bitcoin whenever you have the opportunity and forget your investment for at least ten years. Bitcoin also enables you to have full control of your finances and transactions. It can also be a hedge against inflation and devaluation in currency in a country where economic uncertainty and political instability are major concerns. You should analyse the risk associated with Bitcoin and the amount of money you want to invest before making a final call.

These geniuses will not lead others to destruction by predicting the future with digital currency in their own way.  It may be that someone invested 1000 dollars in your words but it came to half price after few years.  And no one has been able to predict the future of crypto until now.  And you are saying it yourself.

Having Bitcoin gives us some hope that we can make our lives better and it does. What happened to those early investors who now become rich, they become an inspiration to the newcomers believing that it will happen to them as well. More and more people are coming because they see how it changed the lives of old investors. But guess what, it also creates regrets for some people who heard it before but ignored it as they think it was a scam.

If some people had seen the benefits of Bitcoin, I don't think we have a reason to set aside this opportunity.

Bitcoin can change lives and it can also save lives, I wonder what the economic situation will be in countries where there is war right now, their currencies will be greatly affected than ever before, this is where Bitcoin will be very useful, I believe it's better to still use Bitcoin to store your money, even if you travel out of the country your money will still maintain good value thanks to Bitcoin, it's just that people learn the hard ways.

Bitcoin is the only thing that beats the inflation right now and also been a decentralized currency makes a lot of sense to me, even if Bitcoin turns into stablecoin I will still use it every time because of its decentralized nature, people don't know how useful Bitcoin is until it's too late, your Paypal and Mastercard can't save you from certain situations in the real world, only Bitcoin can.

Many people around me failed to aid my advice and now they are seeing things crumbled right in front of their eyes, now they don't even have enough to invest in Bitcoin, because the situation of my country is very bad and still crumbling, I might have to leave in future but thanks to Bitcoin my money, everything I've made is saved because of Bitcoin, I hope people learn before it's too late.

I really want to know how bitcoin is helping people living in a country at war? Does Bitcoin help end war, does Bitcoin help people avoid bombs and bullets? Furthermore, if bitcoin is the only thing that can beat inflation, what role has gold played over the past thousand years as the world economy collapsed multiple times? Meanwhile, bitcoin has only existed for 14 years. I like bitcoin and I also invest in bitcoin but I prefer to tell the truth, be realistic rather than just exaggerate things beyond what is necessary.

We can always analyse the market in our own ways but that does not mean that what we predicted will always come to reality. The crypto market can be very risky that is why we need to make good plans with alternatives for us to earn from the market. The plans we make cam help us in the future if we notice that there is any other alternatives we can make money from the market.  Since the introduction of Bitcoin, there are many people that there lives had changed because they took good use of the opportunity of Bitcoin investment. We can make good profits from the market if we are patient and ready to hold for long.

Bitcoin changes people's financial status if he invests in Bitcoin his life improves financially. But Bitcoin cannot change our lives. If we don't choose Bitcoin as our means of getting rich then it will not be good for us. Then you rush to invest bitcoins and you may face losses. So we should not think of getting rich overnight by investing in bitcoins but we should go ahead with time by investing in bitcoins. Then we can achieve success through Bitcoin.  And day by day the popularity of Bitcoin is increasing and people are getting interested in investing in Bitcoin.

Talking about the positive 'Bitcoin can change life', I may agree if we are all rich in here. Basically I somehow agree with this plain statement, Poor can  get rich and the rich can be wrecked. If you talk about the potential of bitcoin, be fair and consider the value of time, bitcoin's potential isn't that high these days, quick rich as per the OP, if you wanna be filthy rich with your $1000 go find an altcoin that has totally no use, hyped and influenced by social creeptors. It is crazy how people believed that it is the way to get rich, if you know how it works, you know.

While it’s great and all that you’re urging the new generation to invest in the world of cryptocurrencies. It’s not really advisable to put bitcoin onto some pedestal as if it can never do weong and it would only give you benefits and blessings, there’s major risks that come with investing in the cryptocurrency world let alone bitcoin. If you get into this industry with the mindset of only ever earning money without making yourself aware of what the real dangers of bitcoin investment could bring, you’re sure to lose money, and your sanity in the process. So take precaution when tellinvpeople about bitcoin, make sure that you know what you’re talking about.

Very well, I agree with you. As you say, Bitcoin is not necessarily life-changing. It is true that Bitcoin alone cannot fulfil the quality of life. Firstly, the lineage of life change is not related to Bitcoin, because in order to improve or change life, you must put efforts into the real world. Be it any work or any business, a person would be successful as long as he completed the work instead of smart thinking. It means that the success of life depends on effort; whether it is a business or a cryptocurrency (Bitcoin), efforts have to be put into both to change lives.
Just in cryptocurrency, you have to improve your investment or trading strategy as your main aim, and in business, you should base your main aim on what is required according to the standards of this business.

So the point of saying this is that life-changing is not dependent on anything in the sense of improvement; it depends on you and what you are capable of doing. It is true that Bitcoin is not a life changer for everyone, but it is a better medium to change his life easily as compared to physical or a much more effort-intensive business. But it is not obligatory for everyone to get into Bitcoin and change their lives; it is for those who preciously meet up on the required criteria for Bitcoin profit gainers.

Bitcoin can not change anyone's life. It is the person himself who can make the right decision. We have a desire for wealth and we will all work to get it. Still very few people become wealthy due to a lack of financial knowledge. We work for money and we think money is our wealth. This mindset motivates us to save our money in the bank when our money keeps losing its value due to inflation. The bitcoin gives us a solution to fight inflation by investing our money in it.

Bitcoin can help change people's lives, either for good or bad, depending on what the person wants. But not everyone wants to change their life because of bitcoin. But there are a few who want to try to turn it into a way to change their lives by reaching their desired dreams.

Bitcoin can be an instrument for us in the future if we believe it can give us a good profit or savings. And many believe in this matter, rich or poor; it becomes beneficial to those who believe and can also give hope to other people. Because if we are just researchers, there are many people whose lives have really been changed because of Bitcoin, and until now it has been helping them, and I am one of them.

I agree, even though Bitcoin can change lives, it is all up to people how they want Bitcoin to change their lives.  Bitcoin can give a life-changing profit and also gives life-changing losses.  We all know that in the market, for someone to gain profit, someone has to lose it unless there is a new fund inflow in the market.  That is how the market balance works.


I also know several people whose lives changed for the better when they got involved in Bitcoin and at the same time people who lost money in the Bitcoin market because of having weak hands. Bitcoin indeed is a great tool for financial gain if only a person believes in it.

Actually it does if you make a good execution of your investment or trades but again not as always an instant, many people want to make an investment with crypto because they know the chance of getting easy money just hit a good coin most likely the shitcoins but they don't know there's a lot of things need to consider before making an investment with tokens. Will now depends how you make an investment with bitcoin can be use with trading, services etc. Not all people have a good story with bitcoin few of them curse it due to have a mistake with their decisions.

Still, all of it are just speculation, the market just depends on supply and demand on the market so there is no basis for the market price, the buyers and sellers are just the one that is going to sell the price if they are willing the let go of there Bitcoin or able to hold into it, It wasn't really something like gold that is tangible so we cant really hold into something that is why even though we see this kind of things seeing Bitcoin from .2$ up to today 27k$ it is still a very risky investment that we are not sure if it is still going to exist after a few years. I mean its volatile market could easily drop it if something happened.

Its a great investment but make sure to always invest at a calculated risk, Dollar Cost average is a good start for most investors since they are investing only a small percentage of there salary or income, with that they are only investing money they can afford to loss, if they lose their money they can easily recover from it since it is just a small percentage of there money. And overtime that small amount is going to be big plus it helps you hold until the bullrun since you are still accumulating Bitcoin.

Not only do they believe in it, but they also need to learn how to invest and trade properly in crypto or bitcoin.
Many of them complain about the many losses in crypto or other coins but the negative impact on Bitcoin, even though Bitcoin is a digital currency that is just like any other, can provide profits and losses depending on how they use it.

Many have experienced many losses due to crypto or bitcoin because they do not know what the risks and advantages are and they just enter without equipping themselves without any knowledge, just enter and guess.

Many also get a lot of benefits and can even have everything they want with Bitcoin or crypto because they can use Bitcoin well and know how to make money from Bitcoin or crypto.

Bitcoin has been changing lives. It has changed the lives of many, i.e., those who invested in it or those who were busy gathering it when it was worth little to nothing and have held it patiently till recent years when the price is already worth a fortune.
 
But right now, trying to use this strategy to convince people to get involved in bitcoin is a miss in my country. If you give someone who is short-tempered and patient with you such advice, you might end up being arrested by that same person if he doesn't eventually see that change in time to come as you have predicted.
 
It's always advisable for you to always tell people that bitcoin might give them profit if they invest and hold it for a long time, but telling them it will change their life if they put in a certain amount and get a certain amount in an exact period of time will make bitcoin appear as a Ponzi scheme in the eyes of those you are introducing it to. I really see this as a poor approach.
 

Although Bitcoin has a big potential of increasing its price yet, investors must keep in mind this potential isn't the same it had in 2010. You can still make a very decent profit by investing in Bitcoin, but don't expect it to reach 100,000$, 500,000$ and 1,000,000$ in the blink of an eye. As Bitcoin gets more expensive, its growing potential decreases proportionally. The opportunity early investor had was unique for them on that moment of Bitcoin history and it won't repeat itself anymore on the same magnitude. Still, Bitcoin is the best investment available at the currently moment we are living if we weight its pros and cons against pros and cons of another popular investments.

The comparison is quite logical but difficult to realize. When you could buy 5,000 Bitcoins for only $1000 in 2010, of course you could never afford to hold Bitcoin until now. Market volatility that continues to occur at any time always becomes an obstacle due to the fear of losing, "what if the price continues to fall and uses up the entire value of my investment?" maybe that is what keeps crossing your mind to immediately release the Bitcoin you have at that time. Laszlo Hanyecz would never have paid 10,000 Bitcoins for two Pizzas if he had known Bitcoin would be this popular.

Now that everyone involved in Bitcoin really understands the true nature of Bitcoin. Even though it is only trading at a fairly high price compared to the price in 2010, they have learned a lot from the history that has been recorded in Bitcoin's journey. Investment success is based on courage and being able to be patient even though the investment value is under pressure, increasing understanding of Bitcoin will lead you to success.

This type of comparisons make little sense because how many people would be willing to risk thousands of dollars for a digital currency that no one knows about? Very, very few, and they must be people already kind of rich that can afford to eventually lose that money. Nowadays is easy to say that 13 years ago bitcoin was super cheap, but how many people knew about bitcoin back then? Again, very, very few. And let's not forget the most important thing: bitcoin can STILL change lives. Of course not like 13 years ago.

Bitcoin can definitely change one's life, if he holds Bitcoin for a long time. There are many people who invest in Bitcoin to make their living change, but when the Bitcoin market dips a bit, they immediately get volatile and sell. To be a good investor, one must not be afraid if the Bitcoin market drops a bit. I have previously heard of many people who have changed their lives by investing in Bitcoin. To invest you need to invest in certain time, when the bull market starts some people invest in Bitcoin and can't earn much profit. Bitcoin should be invested before the bull run begins. If you invest in Bitcoin and hold it for a long period of at least 3-4 years, you can expect a lot of profit.

Yes, in fact, those who came to this platform in 2017 earned a good amount of money from this platform.  Then the crypto market collapsed again in 2020-21.  But in the following year, Bitcoin came back in a very strong way, reaching the all-time high price of Bitcoin.  No one imagined that the price of Bitcoin could rise so much.  But now again the bad times of Bitcoin are going.  Hopefully it will be back on the market soon.  And it will bring something new in 2024.  We still live by faith.

Bitcoin has significantly impacted many people's lives, particularly in the financial sector. Many people have gotten something from it, but it has also had a negative impact on social interactions and the economy in war-torn nations. Without a proper cash flow, the economy will suffer. However, with Bitcoin, things can be made easier for those nations that have already adopted it. For those nations that still view Bitcoin as illegal, however, it will still be difficult to use Bitcoin in such settings. since their currency will be troubled you can rely on your currency without fear. and with your Bitcoin if you travel anywhere you can convert the value to the currency of your destination.

The benefits of Bitcoin have a lot of advantages but even at that it has its own risk involved, and why a lot of people enjoy Bitcoin decentralization and that is what is hitching the government, am sure a lot of people know the usefulness of bitcoin just that they can not avoid it. the price is not encouraging but those that know its value will take advantage and buy and keep its time. but even with its benefit not everyone will go into bitcoin.



He never claimed that bitcoin will put an end to war, only that some people will benefit from it if it occurs. He did this because a country at war will likely experience economic difficulties, which will affect the value of money and how those who own it will benefit from it. On top of that, gold can be lost during a war, and because people value things differently, some people may prefer bitcoin to gold. As I said, no matter what you say about bitcoin, everyone will still support it. and I don't think I will rush to sell during the war because of its val

No doubt Bitcoin has changed the  lives of people especially the lives of those who had foresight, who saw the potentiality of the coin when it was worthless or had little value and they bought and held until their priced possession. Those bag is worth quite a fortune today. But the truth is, it's just a very handful of persons that would still hold their bag till today because most persons would never had thought the price to get to $27k. For some for us who are late to the party, we can actually buy and hope that the price appreciates and surpasses the ATH in the next bull for us to make some profit.

This particular effect of Bitcoin changing lives of people was really experience in the early start up when Bitcoin price was very low and those people who were opportune to actually buy then were the lucky ones because the price hike experience during that period was a massive one that actually change and touched the lives of many people and it also led to many people trooping to the full acceptance of Bitcoin. But for those people that are always sacred of holding or frightened by the dip are not really good investor because investment shouldn't be tempered with always because you can lose your coins with constant selling.

but still does not open the eyes of many as they keep looking for the lowest price opportunity to buy and ending? being passed the opportunity .

Imagine from 20 cents now more than 27k ?

if we are even bought 10 bitcoin back then for 2 dollars , imagine we are 6 digits richer today.

seriously ? how much you bought and how much have you sold? are you even true to this story?

Many people did not trust Bitcoin back then. Because nobody knows what it is and how it works. Only tech geek people adopted Bitcoin back then. I didn't even know that Bitcoin existed in 2012 or 2013. Even if I knew that, I am not sure If I would trust Bitcoin back then. There is no 2nd Bitcoin that can give you confidence like Bitcoin.


Haha, Yes. Seriously, and this is why he is hunting bounty and trying to make money out of it.

Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.
So far it is not accepted in my country so I can't apply Bitcoin in my business but the amount I get from trading on Bitcoin is enough to support my family along with my studies. If I had not used or known about Bitcoin I would have lived in poverty and had no means to support myself and my family. So Bitcoin has acted as an important influencer as life changing.

If the timing is right, we can take huge profits from the significant Bitcoin movements that have occurred in the last few years.
So far, there are a lot of people whose lives have changed for the better because of Bitcoin, just imagine the people who keep Bitcoin for a long period of time and the increase in Bitcoin is so high that the profits they get are quite big and can change their lives, in fact I am one of them among them.

And if this can continue, with all the potential that exists it is possible that we can again take big profits when Bitcoin prices soar high in the future (and I am very sure that will happen)

I found out about bitcoin about a year ago and I am happy about it, To change our life we need to take risk which can change our life if we failed to win.

Bitcoin can change our life depend on timing when investing right or not, if wrong time when investing in bitcoin we can't earn profit due many investor loss their investment during investment when bitcoin price above $60k. No doubt with bitcoin have change thousand people life but don't forget with how many people loss their investment values after investing in bitcoin but get wrong timing. I agree with your opinion about right timing investing in bitcoin can change our life but have other possibilities with wrong timing can make our life broken with bitcoin investment values getting drop. All possibilities with bitcoin can change our life or not depend on right investment time, keep give right mindset when investing in bitcoin can't guarantee change our life but depend on smart when investing time.

great to hear a very good testament of how this market is helping in some way to alleviate some of the crypto users financial situation. we really can't discard the fact that a lot has been touched by this market, helping them in one way or another. some may have had bad experience but they need to see the mistakes that they have done why such losses.
and it is good to know that the government is really not dictating how a user is using this market. as you said, your country doesn't accept btc, though we don't know to what extent, if it is illegal or totally banned. because you can still trade maybe from outside trading platforms.

Not all the poor tho, since privilege is what we're talking here. No matter how much they wanted to invest, if they don't have the capability of buying because of their salary and responsibilities in their lives, or if they can't make a loan because of their financial status, then there's nothing they can do to change their lives unless someone would help them to arrange things for them to make their lives a little bit more easier.

If you have the trading ability and investment knowledge, you can also do the same with other assets like gold or stocks, not just bitcoin.

But I'm quite skeptical when someone says they don't have a job and rely solely on investing and trading bitcoin to support their family. You could be the first and maybe the only one to do it. I'm also quite successful with my bitcoin investments, but I still have an outside business to support my family. Bitcoin is very volatile and unpredictable, I don't think it's that easy to make money from it, I really haven't seen anyone who can survive without a job and only depend on investing and trading bitcoin.

It can change life if we invest in the right way. But talking about poor people seems to be a challenge for them in terms of capital. They are really unfortunate and has little chance to make their life better with Bitcoin but those in the middle class and rich people will get their way to improve more.

I don't encourage someone to take a loan for this investment or even sell their valuable asset for this. In fact, many people got this idea but sadly, they'll turn to nothing and empty because they fail. The consequences are harsh which is why we have to be careful as this will not just make our life better but also can ruin our finances as well.

Yes, bitcoin can definitely change not only a few human lives due to its value, which it has gained over the past decades, and I'm talking about blockchain. BTC is able to change the economic situation as a whole, it can change distribution of values when, for example, 97% of the resources of 3% of the people on earth belong.
This is the meaning of bitcoin, and not that it costs a lot and people spend his dollar eqivalent to bring some benefits.
Of course, it's hard to deny that everyone wants money and we live for the sake of eating and dressing, but bitcoin and blockchain are nothing more than just a way to make money on the Internet.

The many people life was improved by the bitcoin trading,because the price of the bitcoin had attained the all time high many times.Before the target price of the bitcoin was around 10k dollars,then the same target was moved to the 30k dollars.But the people who brought by keeping the 10k,30k target had got the double the profit when the price of bitcoin had reached the value of 68k dollars.So the bitcoin will over come their own price with the certain period of time.It was expected the price of the bitcoin cross the 68k dollars in the next halves.

Investments in bitcoin will indeed grow, but not 5000 times. The time when investing bitcoin small sums made people rich will never return or be repeated. The increase in profitability, if you observe the graph of changes in the price of a bitcoin over a decade and a half, has been declining. Bitcoin can't increase in price indefinitely and undoubtedly, at one point, a plateau will come when the price fluctuates in a certain corridor, therefore, waiting for $135,000,000 is really bullshit.

OP’s statements are more like “pink dreams” and a naive expectation that all financial problems can be solved by “investing a couple of bucks in btc”. It doesn't happen that way. @Solosanz is right that life can't be changed by such “easy” actions. Serious changes will begin only after overcoming “difficulties” in the form of mastering new professions and specialties.

I am a beginner, I bought bitcoin at $50k, until now I haven't cut loss, I hope the bitcoin price recovers quickly.

Of course bitcoin can change lives. But that too in 2 ways

1. You can become incredibly rich. If you hold bitcoin very hard (about 10 years, until bitcoin becomes impossible to invest) then number 1 point is only for you.

2. You can invest here and lead life to destruction. Many people invest here with their life's money in Bitcoin for maximum profit or get rich quick. But due to wrong reasons bitcoin may go down again. Because of which he can lose all his money. And then he will be very disappointed in his real life.

But there are also many people who lose big when investing in bitcoin, not everyone who invests in bitcoin will change their life in a positive way. So whether Bitcoin can change our lives or not will depend on how we approach and use it, not entirely on bitcoin. If we have knowledge, experience and patience, investing in bitcoin will definitely help us change our lives for the better. But if we invest hastily and speculate without knowledge, our lives will also change but will become worse.
Investing is risky, it is no different from a double-edged sword, and whether it is beneficial or harmful is up to us to decide.

I'm not saying we can't make profits with bitcoin trading.

Yes, bitcoin volatility is an opportunity for us to make profits, but have you seen who can predict the market accurately and consistently make daily profits from trading to feed their families? I know that our world is colorful and anything can happen, but I have my doubts because I have never seen anyone who can support their family with just the income from daily bitcoin trading. Have you seen anyone with that ability? Even those who claim to be experts.

That's the issue with some of these records, well I won't really blame the records but those who rely on event that took place in the past. To me is best to use what the market is actually giving us other than keeping that hope on what happened from years back.
Is not bad to keep records and follow how it all went down but it might change the following year.
Some people will tell you they don't need to make  research as long as they have their past records and they have been using it for year and it has been coming through for them. That's another mentality that shouldn't be applied in the crypto business.


To me the prices doesn't matter at all, the price might be lesser as of 2010 but it doesn't matter if you're rich or not and I believe that if you put your mind to it, like you really want to Bitcoin, you can get it. But thinking about how huge the price is, it will discourage you big time.

That depends. A lot of people get into the market and start making investments without trying to first learn everything they need to know which makes then incur losses and then they start blaming Bitcoin for it. People are not utilizing bitcoin and its potential until they study bitcoin. This is why everyone should take time analyze and understand about bitcoin.

You shouldn't choose Bitcoin as a means of getting rich, that's a wrong concept about Bitcoin because it can provide you with profits but might not make you rich.

That's right, most people get into the market with the mindset that they can get rich quickly through cryptocurrency investments but that isn't how it works, one needs to take it slow, one step at a time, and shouldn't just think of gaining a lot of wealth in a very short period of time.

So that's why knowledge is needed before making an investment, because it is impossible for us to just enter into an investment without proper knowledge, we will definitely experience losses.
Bitcoin's movement is so fast that it allows anything to happen, and Bitcoin can change someone's life in two ways, for better or worse.
The right time to enter so that we can get profits comes from the knowledge we have, not because of luck, so the point is that being able to enter at the right time is because of the investment knowledge that we have mastered.

The price of bitcoin will continue to rise and financial institutions are turning to bitcoin as an asset. Bitcoin users feel that bitcoin is taking the place of gold as an asset bitcoin price may rise further this year bitcoin's value reached an all time high. And even though it has decreased a bit it is constantly increasing people are now more inclined towards cryptocurrency there is a possibility of more growth only if you keep your target and move forward you will get more profit.

Looking at the history of a crypto currency also makes it easier to predict future pumps and dumps. I think there will be very few people who bought Bitcoin at $0.20 in 2010 and still have it, because the price of Bitcoin has touched 67 thousand dollars. This is because it is our nature that we often sell our coins whenever we get a good profit. That's why if you look at history since $0.20, you'll see a lot of pumps where people have sold their Bitcoin at a good profit. Buying Bitcoin at $0.20 was within the reach of every person, but not every person can buy Bitcoin at the current price, yet investing in Bitcoin as much as possible can give us great profits in the future.

As much as Bitcoin may have given its investors in the last 10 years, Bitcoin may not return to its investors in the next 10 years, because even if the price of Bitcoin exceeds 1 million in the next 10 years, it cannot compete with past profits. However, the potential of Bitcoin cannot be denied as many people have changed their lives by investing in Bitcoin and they have received great returns thanks to Bitcoin. If one has good capital, one can buy a large number of Bitcoin even at the current price which can surely give a great profit in the coming bull run.

In my opinion if you have job then you can easily manage your investment but if you don't have job then first you will find it hard to collect money for buying bitcoin and if you Put money into bitcoin then you will be unable to manage your expenses as a result of which you will think about selling of bitcoin no matter how less bitcoin is. I suggest that you should also start some business with such profit of bitcoin because if once market become down you will have another opportunity of earning too so you will easily manage everything properly. Use your Bitcoin's profit in another earning business because depending on one source cannot maximize your profit much more as that of double profit from different sources.

Those who know about the history of Bitcoin and review that history will definitely find a good future in Bitcoin. There are some people who make mistakes but learn from the mistakes later become successful after a while. People who didn't hold Bitcoin after learning about it in 2010 made a mistake. But at that time people did not know much about Bitcoin but now everyone has a positive idea about Bitcoin. I think only those who will pass this time with neglect are the only unfortunate ones. Those who are collecting bitcoins at this stage by learning from their mistakes are sure to be on the path to success in bitcoin. DCA system also provides an opportunity for those who want to collect bitcoins and financial income is not enough. Even a low earner can achieve success in Bitcoin after a long time.

Making quite regular earnings by trading doesn't necessarily require accurate market predictions. I shared my daily trading strategy (https://bitcointalk.org/index.php?topic=5464591.msg62893735#msg62893735) in another topic, you can check to out and write your comments. The profit I make I use to feed myself and my infant. This is not the only income I have, however, this is the main one.

Any effective investing strategy relies on knowledge, especially with something as volatile as Bitcoin. Similar to a swift torrent, the market can sweep you away without the necessary skills and tools (knowledge). It takes more than jumping on the bandwagon and expecting fun. However, understanding the intricacies, technologies, and market attitudes is key. Indeed, deep-rooted knowledge can make or break a masterstroke investment, as you noted!

Bitcoin is an intelligent choice, not a gamble, despite its incredible speed. Preparation, perseverance, and patience frequently provide "luck" in this domain. The saying goes, "Fortune favours the prepared." But in this unstable crypto environment, "Bitcoin rewards the knowledgeable!"

you don't need to be Geek or Tech person to learn how to invest specially in cryptocurrency that we knew have value and can be use as payment option or can be traded back to Fiat.
meaning all we need to understand  and learn is the nature and the background that is available in Internet.
a simple google search will lead you to how much it started and how long this happened
and also the  graph of bitcoin is there to understand its potential that had been proven over the years for decades now. because he never mentioned being a hunter instead a Bitcoin investors is what he claimed?

Volatile crypto is a huge opportunity to change lives. But giving predictions always increases, maybe parabolic history of that happening and there is great hope that archetype will continue to occur. But when it comes to crypto, it's hard to say he'll be around forever. He could just stay on and fly high or he would disappear losing the trust of the users. So actually we just need to always be vigilant by doing risk management. Hopefully the macroeconomic crisis will not have a major impact on crypto, the interest market of the FED also has a major influence on the value of crypto. So you still have to be on track to prepare for profit or loss by doing risk management.

There is no way anyone can lose by investing in bitcoins. Yes there are people who were here for the short term profits or there other people who confused between investing and trading and they say that Bitcoin investment is not profitable but as an whole if you know how to properly invest in Bitcoin,you can never be in a loss.

There are certain things, certain techniques which may help you for profitable investment like dollar cost averaging or investing in the bear market when everyone is selling. Making the right Bitcoin investment decision at the right time is a key to be the most profitable investor.

It's a great thing if a person can actually start a business or do something that can earn them more profits just from the profits they've got from their Bitcoin or cryptocurrency investments but that barely happens and even if it does, it takes a significant amount of time for someone to accumulate enough money through trading or investments that they can use to start a business or invest only the profits in another investment market or maybe in another cryptocurrency.

You are right, if someone isn't financially stable and invests whatever money they manage to get into Bitcoin or cryptocurrencies, they will probably be compelled to sell their assets when they get in trouble and require some funds in an emergency and that time, they won't be able to see if they are getting profit or loss.

No one knew that Bitcoin price would go up to it's current ATH back then, if you also knew about Bitcoin in 2010 would you think that it would be worth it? or at least guess that it would be around thousand dollars in the future when it is just cents at that time?
The price or market is surely volatile and not everyone could ride those waves that is why some traders lose and only few wins on it.
Crypto could change lives but it is also up to us on how it would change our lives, it could be for better or for worse.
Investing in crypto doesn't guarantee that our lives would be better.

No, I would probably not be going to think it to be worth it. What happened to Bitcoin is unpredictable. No one expected it to be this valuable. $20 back then was high enough to make a lot of people sell their holdings. There are also some people who curse Bitcoin and call it a scam investment. I mean, even I would probably do the same and will forget about it. Its value before compared to now is really unexpected.

It is about our decision-making. If we become agitated, especially in Bitcoin it won't change our lives but will make it hard by losing our investment. It's also about the choice of whether we will keep on investing and do DCA or let the chance to change our lives slip by.

Many believe in Bitcoin and other cryptocurrencies' exponential gains and wealth transformation. The cold truth? Few realize their dreams. Even for those that do, its a long, unpredictable, and frustrating path. Crypto investing is complicated and requires patience, understanding, and resilience.

Remeber the elephant in the room. Investing without financial stability is risky. Imagine walking on a slender rope over an uncertain hole. In dire conditions, people sell at a loss since they don't plan for crises. Such behavior is financially and emotionally damaging. In risky industries like crypto, financial prudence and emergency preparation are essential.

📈 The History of Bitcoin Bull Runs 🧵

Bitcoin, the pioneer of cryptocurrencies, has seen several remarkable bull runs throughout its history. Let's explore some of the most iconic moments in Bitcoin's journey.

1/ The Genesis Bull Run (2011): In the early days, Bitcoin's price soared from less than a cent to over $30. This was the first glimpse of Bitcoin's incredible potential.

2/ The 2013 Surge: After the Mt. Gox exchange crisis, Bitcoin roared back to life, reaching $266. This rally caught the world's attention and laid the groundwork for Bitcoin's future growth.

3/ The 2017 Hype Cycle: Bitcoin climbed to nearly $20,000, making headlines worldwide. #Altcoins also experienced tremendous growth, and Initial Coin Offerings (ICO) were all the rage.

4/ The 2020 Halving Rally: Bitcoin's price started gaining momentum after the third halving event, surpassing $60,000 in 2021. Institutional interest grew significantly during this period.

5/ The Ongoing Bull Run: As of now, we're witnessing another remarkable bull run, with #Bitcoin regularly achieving new all-time highs. Institutional adoption, growing use cases, and global recognition continue to drive the price higher.

6/ Closing Thoughts: Bitcoin's history is marked by periods of rapid price appreciation. While these bullruns are exciting, they come with increased volatility. As always, make informed decisions when #investing in Bitcoin.

bitcoin has the ability to turn people from rags to riches and riches to rags if they are not good at managing their investments. there are many cases where people experience losses when they invest in bitcoin because they tend to be impatient and seem to use bitcoin as a shortcut to getting rich. and therefore learning from their experience a person can change their life by investing in bitcoin only if they are patient and keep holding on to the assets they have, because those who keep holding will win in the end.

It's all about the risk one should take to change his/her life. Let's talk about the price of bitcoin in 2010, it was the earlier age of bitcoin, and no one trusted bitcoin easily because they didn't believe the prediction of Satoshi would be true one day and were not aware of the potential of bitcoin. Those who believed in Bitcoin at that time are now millioneries and we all know that history repeats itself. Today people again don't believe but a small one thinks that Bitcoin is a scam but they didn't take lessons from the past. After the coming halving price of bitcoin will be more than the last ATH and some experts predict that bitcoin this tīme will cross $100,000. So start the DCA strategy and buy a small portion of Bitcoin at every dump and hold it for the coming bull run.

Bitcoin will certainly change someone's life, but whether those changes are positive or negative will largely depend on us, bitcoin has no power to decide that. After all, bitcoin is like any other investment, it can bring us wealth or it can make us lose everything, and it all depends on us. Many people have become rich by investing in gold, real estate and stocks, not just bitcoin. Don't forget today's top billionaires don't invest in bitcoin, it's all their talent, not gold or real estate that makes them rich.

Invest properly, DCA, buying when the market drops...To do all this, you need knowledge about bitcoin and the market, right? And like I said, it all depends on you, bitcoin won't help you if you don't have the knowledge or skills when you invest in it. It is just a tool and whether you can take advantage of it or not is up to you, you are the one who decides your success or failure, bitcoin does not decide for you.


Bitcoin is a financial market, and finance is a battlefield where there will be winners and losers, money from losers to winners. I have never seen any market where everyone wins, and bitcoin is no exception.

Of course, with the help of bitcoin, many aspects of our lives have changed, and I am sure this will continue to do so. Moreover, now the world has begun to understand all the potential that blockchain has, indeed until now many countries have not provided services or implemented bitcoin technology.

But I believe that all bitcoin developments cannot be avoided, because the benefits of technology are now so real in our lives. One country that utilizes this technology is El Salvador, they are the first country to adopt Bitcoin. And of course more countries and societies will change in a positive direction because of Bitcoin.

Are you sure diamond hands with holding Bitcoin more than ten years with first time investing bitcoin price around $0.2 and earned 5K bitcoin with cost only $1000. I can't imagine with some one have super extra ordinary diamond hand hold their bitcoin with most cheapest purchasing for holding until raise $27K. Normally big investor or not, when raising profitable above x10 they will sell all investment assets and I don't think how loyal some trader when seeing an opportunity with x10 profitable keep holding their investment.

First time bitcoin launch, no anybody can't predictable with bitcoin will raise higher price and many of them just make fun by converting their bitcoin with Pizza.

oh YEAH BTC can change lives

Yes it's true, sometimes if someone wants to experience change or improvement in their life then they have to take a fairly or very risky path in any field, some succeed and some fail and I think it depends on each individual also on how they do it. Yes, if it's a matter of regret, to be honest, I also always remember 2010 where the price of bitcoin at that time was still very cheap and maybe my pocket money was bigger than one bitcoin, but well the problem is that in that era not many people knew about what bitcoin was including myself along with all its potential because at that time the world of investment was still not as well known as it is now.

Right and also on the other hand I can't imagine if at that time I had known bitcoin also with a little potential then maybe now I have at least at least 10 bitcoins and I will be one of the millionaires. Right, I agree with you, I also think like that, for those who now still don't believe in bitcoin I think they should know the journey and development of bitcoin in the last 10 years since 2010, and I think if only they see it then I'm sure most will believe in how the potential of bitcoin, it's hard to find a reason that bitcoin doesn't have any chance, and maybe only people who don't know will say that. Honestly for how high bitcoin will rise in the next ATH I don't know but certainly there is a guarantee that I think is quite convincing when you choose to start with long-term planning, you can start with a budget that does not interfere with your basic needs and certainly with money that you can be responsible for, then you can start allocating it using the DCA strategy once a week or maybe once a month, that's good especially for beginners.

Yes I think Bitcoin can change lives.  I don't think , Bitcoin can change lives it's true that those who invested at the right time have moved their lives to a different place today.  This is the reality, Bitcoin is a currency that Satsho Nakamat created to change the lives of holders like me.  Because we are all associated with bitcoin now, there are very few people among us who do not know the price history of bitcoin from 2009 to 2023.  There is no mention of it above this history.  We've all seen how high Bitcoin has come from.  This should not be tolerated by anyone.  People who have invested in the right practice at the right time can understand where Bitcoin can take a person's life.  According to me, there is nothing here. You will see the history of the prize itself. This history will tell you how much Bitcoin can change life.

Risk-taking drives advancement, especially in innovative, uncertain industries. With something as transformative as Bitcoin, lost chances are easy to regret. Bitcoin was obscure in 2010. Most were blissfully unaware of its potential. If you had today's knowledge, you would have jumped in. The paradox of innovation is that early adopters get the most benefits before most realise its genuine value.

People who've followed Bitcoin since its inception share your sentiment. Knowing its history is key to understanding its potential. The crypto-skeptics? Perhaps a full retrospective will change their mind. Bitcoin's ATH is hotly rumoured. Indeed, a long-term, measured approach like the DCA strategy is not just recommended but almost required for serious investors in this field.

Indeed, Bitcoin investment is no different from other forms of investment - it is risky, yet profitable. However, we can never assume that all Bitcoin investors make money from this or it changes their lives, but sometimes this is also a reason for their big losses and regrets in life. Why? Because it depends on the person who invested in Bitcoin - the way they manage their funds and the way they analyze the market.

In your example, not all rich people invested in Bitcoin which I could agree and that is because they don't understand how crypto investment works, not on their scope. In this situation, of course, I'd rather not take this rather than stress myself.

Exactly Bitcoin is a life saver, but it is dependent on the people who believe in it, as many people believe bitcoin investing is a fraud without doing any research on it. When the price of BTC was low, many people did not have interest in buying because they thought it was just a normal thing that would not rise and wise people bought it and left it for a long time and now they earn millions of naira, they have become rich now I regret not investing in bitcoin early but because I didn't have any idea on it that why I didn't invest, but I don't regret it now since I have become an investor in bitcoin and am already making profit, Bitcoin is a good investment because it is volatile, which means you won't lose too much money like trading, and you can invest with small funds, unlike Real Estate which requires large sums of money before you can buy land, In my opinion they will not get a trust investment like Bitcoin because crypto makes people rich quickly.

DCA method has been one of the way out while accumulating Bitcoin and at the long run most people forget the main purpose of bitcoin and now focus on making profits and forget privacy as long as the profits is coming which is absolutely wrong.bitcoin can change lives but with time and people should learn how to give it time rather than seeing it as a get rich quick scheme and the only way to stay profitable is to give bitcoin time and not put or mount unnecessary pressure on bitcoin.

Realistically, if we go back to when Bitcoin was worth $1, we can't assume it will become $50 because we've seen sellers benefit from the Bitcoin they purchased for less than $1. This is still true today; we cannot predict that Bitcoin will hit $200k because even $30k is difficult to breach. Many folks who lost out on that opportunity can now take advantage of it. Because Bitcoin is still inexpensive, now is the perfect moment to purchase it. Trust Bitcoin if you want to transform your life by investing in it.

Bitcoin's potential to transform the financial landscape, provide financial freedom and privacy, act as a hedge against inflation, and promote financial inclusion make it a significant agent of change in our lives.Bitcoin has potential to make anyone financially stable from anywhere!

Investing in Bitcoin is just a matter of believing it. It is definitely the price won't move if the people don't believe and trust this project as well. Fortunately, it got huge demand because many appreciate this project due to its usefulness and the benefits that we get.
And this gives interest to the community believing that investing in Bitcoin will change their lives because they witness some people having it. We can't really imagine its massive growth which is enough to think that Bitcoin is a great investment that can change ones life.

I greatly agree, that although Bitcoin may be a tool for a person to change his life, the core reason is the action of a person. If a person does not act and invest in Bitcoin there is no chance that the Bitcoin price uptrend can change the life of this person. 

If a person wants to change his life, he needs to act and strive hard to achieve these changes.  Even without Bitcoin if a person works smart and hard, he can still change his life for the better, it is that Bitcoin offers more options for how to change people's lives.

Until now, Bitcoin has been able to provide an opportunity to anyone who believes in it, as long as each individual has the initiative to learn. Especially, we have an upcoming halving for Bitcoin, which will definitely increase its value in the next year.

So for the newbies who will enter the bitcoin space, hold it until the halving starts and enter the bull run. Investors will surely have a profit, depending on the amount they will buy to hold the bitcoin, even if at the beginning it is a lesson. and let him know this first while his Bitcoin is only in contact with his balance wallet, either in the electrum or his hardware wallet.

Bitcoin's potential to improve people's lives is limited, as investing in it doesn't guarantee wealth. Wealth is determined by one's mindset, skill development, and responsibility, and can be achieved through passion.

Thats true, because the same way Bitcoin is currently at $28k per BTC now, so in the next 10years this same price likely to hit $100k per BTC, and as such, it's never too late for anybody to invest in Bitcoin, inasmuch as you can afford it, and as time goes on you keep on increasing your portfolio by buying more either weekly or monthly, of which I assure you that if only you can do so, in the next 3years, you will be amazed how many BTC you must have accumulated. Far more better than saving your funds in fiat currency in our traditional banks, of which constantly prone to inflation.

What I want to say is that bitcoin is not the only investment in the world and it is just a tool for us to use and it is up to us whether we become better, richer or not. No one, or anything, can help us change our lives and become rich. People keep saying that bitcoin changes their lives, bitcoin makes them rich, and that makes many newbies think that just investing in bitcoin is to become rich without risk. There is no wealth without trade-offs, without costs, including investing in bitcoin, making money from bitcoin is not easy.

I agree with the statement
"Bitcoin can change people's lives". Yes, we can say that this statement is quite true. But on the other hand, what kind of changes? Does it change for better or worse? Because both are very possible. Someone who could be said to have been rich turns into bankrupt and poor as a result of this investment. However, on the other hand, there are those who were poor at first, then had good success and were finally successful in crypto or especially Bitcoin.

The difference of course lies in several things."
- A person's readiness and maturity before entering Bitcoin investment
- Their understanding of investing in Bitcoin, the better they understand the basics, the better they will be
- Their attitude towards market changes which are very volatile.
- Their mental readiness when the market moves contrary to their expectations.
- Plans A, B, C and so on when investing in Bitcoin.

In essence, before investing in Bitcoin, we must have an understanding of real investment in Bitcoin, not just because of the desire to get rich instantly, gain profits multiple times in one night, or other interesting things. But it's better to first understand what it's like and how the process works, so that later you won't be seriously disappointed and stressed or decide something in a hurry or panic.

Yes, that's true, at least for me, I bought my first Bitcoin in 2014, at that time a friend suggested it, I just bought it and forgot about it. My regret was why I only bought a little if the increase was thousands of percent lol

One of the sound mindsets is to engage in investments when the time is right. Not everyone can opt for investing as the most effective path to accumulating wealth, mainly because everyone's financial standing varies. I view BTC as an alternative for those inclined towards high-return speculation. Despite its apparent legitimacy, BTC carries substantial risks for those who cannot endure bearish market conditions.

I perceive BTC more as a secondary choice for generating passive income, given my longer familiarity with Bitcoin. Buying and selling it at price differentials, which can sometimes exceed 10%, may take more than 30 days. Hence, this isn't a quick money-making endeavor, as the returns are entirely dependent on the capital we invest initially.

Your awareness of the BTC market's fragility is great; many ignore it in their pursuit of profits. Speculation is inherently uncertain. Investing, especially in Bitcoin, takes funds, awareness, and a tolerance for risk. High returns have captivated many, but without a method, its no good.

Bitcoin as a secondary source of income makes sense for individuals like you who have been with Bitcoin longer and understand its volatility. A 10% pricing difference can lengthen the waiting period, pitting patience against speedy rewards. However, with the correct perspective, as you seem to have, the potential advantages can often outweigh the risks. How long before the bubble bursts?

Cryptocurrencies are much more developed than before. The Bitcoin price you are referring to may have been at the time of Bitcoin's inception.As the days go by, the reputation of cryptocurrency i.e. Bitcoin is spreading around the world.Now only those who are a bit modern but know a little bit about Bitcoin. But those who bought or had bitcoins at the time you mentioned might have become millionaires today if their bitcoins were safe.But there is still time to invest if you want to make a determined investment as now the price of Bitcoin is very low.

Bitcoin is already in the business of changing lives. If I tell you for a certain that loads of people have broken out of the traditional way of living cos of bitcoin and the blockchain generally.
Today, loads of folks around the world can tell conventional finance systems to stay out of their lives because of bitcoin.

I am also optimistic about the future of bitcoin and expect it to rise many times higher than its current price. I support you or others accumulating bitcoins by day, week, month...but I think it's not entirely wise for us to focus on accumulating bitcoin and ignore fiat savings. Because bitcoin is an investment and involves risk, there is no 100% guarantee that bitcoin will continue to exist or will increase in price in the future. We need to think about those risks, don't be too subjective that bitcoin is absolutely 100% safe. A savings account or diversification is essential instead of just focusing on bitcoin.

When I first started dealing with cryptocurrencies in 2016, it seemed to me that bitcoin was about to change the whole world. And this proved that the prices of cryptocurrencies were growing very quickly, not only for bitcoin but also for any alcoins, they were all valuable, and there was no scam. Later, Japan also recognized bitcoin. It seemed another five years and the whole world would heal. But this did not happen, because SEC appeared and in general, people did not believe in bitcoin as much as in gold. But that doesn't mean it won't happen later.

sounds like a bullshit somehow but it's a bullshit that quite makes some sense in a way which is all about risk taking and patient. Someone that invests in bitcoin with $1000 in 2010 will most definitely be making that x5 times amount with today's bitcoin price when calculated, not to talk of the ATH price. The question is that is it a risk anyone will be willing to take YES there are investors that will be willing to take it looking at the past records of bitcoin price 13years behind. The profit ultimately may not be a life changing amount but will be worth it.

Having a skill makes the waiting light and non burdensome for you to be tempted to touch the investment proceeds before time and that's what makes the bitcoin journey of changing ones life achievable.

Currently the value of Bitcoin is already so high and I still feel surprised because there are still many people in society who are still wasting the opportunity to change their economy to invest in the crypto world, and currently there are so many poor people who already have income by investing in the world. crypto, and they continue to collect bitcoins to wait for the bull run to occur, because currently the price of bitcoin has not reached its maximum figure, so in this case we really have to believe and continue to follow developments in the crypto world because this is something that we really have to learn if we want to get a satisfactory income, but in this case we have to have patience because everything requires a process, and surviving in the current situation is certainly very difficult because there are many coins that we cannot get maximum profit from.

Many billionaires in the world believe in this one asset, Bitcoin has the strength, namely that its technology is currently difficult to hack. Besides that, Bitcoin also has a limited supply and is not controlled by any party. If it had been easy to hack at the start, perhaps many people would not have trusted Satoshi's creation. For me, there have been many successful people who have changed their lives in Bitcoin, such as Davinci Jaremie, etc. As far as I know, the price of gold is controlled by the Fed in its monetary policy, in raising or lowering interest rates.

Back in the past, I still really remember when I didn't know Bitcoin at all, I didn't have a definite direction for my life in the future, I was even willing to work long hours at my old job just to get extra money, and fate I changed drastically when a friend introduced me to this forum and also bitcoin, those years really felt great for me, I was even able to own valuable things because of bitcoin, it never crossed my mind to withdraw from bitcoin, yes I'm sure in the future everyone will adopt bitcoin and those who start early and stick with it, will experience huge benefits.


There is nothing you need to regret, buying Bitcoin in 2014 is a big decision you have made (although I don't know whether it is real or not), you can still collect Bitcoin slowly now, use the DCA method.

The capitalization of the gold market is nearly 20 trillion USD and is held by all countries in the world, while bitcoin is only 500 million USD and is held by not too many countries. In your opinion, which one is easier to control and manipulate? If you think the Fed has the ability to control the price of gold and bitcoin is only worth $500 million, what will it look like? The bitcoin network is decentralized but the bitcoin price is not decentralized.

Bitcoin is changing lives already for good, those that have adopted earlier could tell, many people have a change of story through bitcoin and their financial economy had a complete total turnaround, yes and if we so wishes as well, ours too can be in the same view, for us to have a decentralized digital currency, all we need is bitcoin, for a secured means of retaining our assets value, what we also needed is bitcoin and to have a financial freedom in our entire life for maximum security and privacy, we need bitcoin to ever remained transformed.

all of us has stories , but many have different from each other though the similarities stands for one thing and that is Failure first before gaining and even others are still failing now.
changing life is also different from each other , some made  its way to the top while others made its way lower.
mostly because of greed and over expectation , but like me that knows how to wait and keep my funds intact ? maybe i should say Bitcoin changes my life for good and better.
and even my family and circle of friends have gather earning over the years so what I can say? Thank you Bitcoin.

Experiencing failure is part of the process of being able to achieve the success we want, learning from these mistakes and getting up again to correct the mistakes we have made to achieve the goals we want. Greed will indeed make us make the wrong decision, resulting in many negative impacts. from greed. Yes, you are right, I also feel the same way you feel. By being introduced to Bitcoin by a friend, I can collect it and save it to make a profit.

I can vividly remember a conversation with a young lad a few years ago, he said he had no idea what his life wanted to become as he had no affiliation towards anything of influence. He didn't enjoy the average life he was living and so he longed for more but constrained by finance, then came blockchain technology, he extensively researched about it and he took advantage of the opportunities it presented him with, now. he is comfortable,  although not what he wanted to be yet but oncourse to his dreams.

Bitcoin indeed have changed a lot of lives in several ways, for some, it is through their early investment in bitcoin, for others, it is through the jobs the the emergence of bitcoin have created.

Change of live or story through bitcoin doesn't have to always be about the money made through the investment, but also, we should always remember that bitcoin have created alot of jobs in their hundreds of thousands, and many people who never used to have something doing are now doing very well through the job bitcoin provided them.

And for the record, i think it is worth making us understand that bitcoin of today can only make the rich richer, it's no longer an asset a poor man can become filthy rich from, this is because, to make alot of money from bitcoin, one need to hold at least half of bitcoin which is 0.5 bitcoin, and this we all know that based on the price of bitcoin today, this is quite expensive and not very many poor people out there can afford this much.

So this is very important to note, no one should invest just $100 in bitcoin today and expect to become filthy rich tomorrow.

Everyone has their own way to simplify financial matters and we are one of the many people who are lucky to know Bitcoin, so there is the best choice to achieve financial freedom through it. If you are familiar with bitcoin then there are definitely several steps you have learned, including how to collect bitcoins with not a lot of money. DCA is still a good choice to apply and this pattern can bring us to a regular accumulation stage even though the amounts are small and varied.

Bitcoin must be used well to generate profits because if we cannot utilize it then Bitcoin will not be able to change our lives. Changing your life through financial planning is something that is difficult to do and if you don't have the right skills/abilities in investing, it can actually cause someone to experience losses.

I miss the moment wherein my life could change in an instant with the bitcoin boom in price. I truly regret not knowing about bitcoin and exploring it, but that doesn't stop me. In the year 2019, I started knowing what bitcoin was, and after that, I studied and did things related to bitcoin, mainly to earn. Even though I have regret, instead of being depressed, I strived and created my own path through bitcoin. Right now, bitcoin, or cryptocurrency, has given me a lot of opportunities that could lead to a profit. And I will still do bitcoin as long as it has value and as long as I earn from it. Not just me; I also influenced my friends about this aspect and helped them earn, not just by spoon-feeding them but by teaching them to strive their own way, and right now they also earn a good profit, which is good.

You are right, mate. There's a saying that success is a product of hard work, grace, determination, and perseverance. Some people just think that the fact that other people have done a particular thing and achieved success means they can just do it and gain that success, but it doesn't work like that. Financial management and investing are skills that are not naturally possessed, but they can be learned either by reading, taking some courses, or regularly following up on one's role models and learning from them too. It is wise if someone learns about the risks, advantages, and disadvantages of whatever they are investing in. It's also profitable if the person has proper financial knowledge or can make inquiries from a financial expert.

Very few get lucky to be successful in life and thv same shouldn't be expected by everyone which is a big mistake. During the early days of 2016-2017 there are opportunities which assure you with good profit. During the same time there were more fraudulent activities happening in connection with cryptocurrency. At all time period there is risk as well as good happening with the cryptocurrency market. It is our responsibility to make use of it understanding it in the right way. As said developing our own skills and keep on learning is the the right way to experience the change of our lives through bitcoin.

Achieving success requires hard work as well as luck. I'm like that a lot. I have seen people who came to this forum much earlier than us. They worked hard here to know and learn many things but they did not get success. First you need to understand your own success?
What people try to achieve for themselves is called success. Success is not just about investing in bitcoin. There can be many types of success.Like, they have gained a lot of knowledge from here but didn't know anything before, this is also a success for them. Now you have the knowledge of bitcoin it is very small for you o normal thing but tell about it to those who don't know about bitcoin its a kind of success in their life.

The opportunity you think you've missed is still right there waiting for you. Bitcoin is not yet done with the growth. There have been several predictions of Bitcoin reaching various high prices and some of them will happen. You just have to start investing in Bitcoin now and see where you will be in the next ten years.
When the bull run of 2017 happened, a lot of people would have also said this, unknown to them that 2021 bull run will be extremely higher than that of 2017. This pattern will continue to repeat, so use this time to buy as much as you can.

Well said, success wouldn't be measured by investment itself, there's a lot of various types of success, it could be into learning something for the first time. As you said, even the people who came earlier in the forum, still not successful? We don't know that since they might be successful already since they gained the knowledge much earlier as well they could adapt from their experience while for the currently learning, they still adjusting to the system of crypto industry. Even without relating to Bitcoin itself, people could be considered successful in many different ways, cause we know that there's a lot of investment could be done not only to Bitcoin, like for example business, real estate and etc. Its just these examples we can observed that it involves risk, once you do that risk, it would depends on you if you take it badly or take it as an learning experienced for your to grow, cause for achieving success there's always a process, it's not instant.

Maybe people who have worked hard to learn on this platform, but haven't worked hard when investing in real life.Success can take different forms but at the center of all our success is the acquisition of wealth for the future.Wherever you invest, be it in bitcoin, gold or real estate, success means that your capital is safe and that you get good returns in the future,So it means safe and profitable investment is our success. Therefore, Bitcoin is an excellent option for future investment and good returns, because it has both these qualities.


I think only having knowledge  about Bitcoin is not success,Rather, benefiting from this knowledge and experience is success.If we get  experience about bitcoin, but don't invest in it even with capital and experience, then I think this knowledge is useless.Whether we learn from someone or someone learns from us, knowledge is useful only when it is practiced.

it's never too late! Unfortunately, the chance to buy Bitcoin at those incredibly low prices from previous years is no longer available, there's still a chance to make shit ton of money in this space. Instead of solely buying Bitcoin, following trends and making strategic moves can potentially yield more profit. So, when the next bull run comes, it's wise to keep an eye out for the major trends and explore those opportunities. Also don't miss out on buying Bitcoin’s bottom ! Trust me, it'll be totally worth it. You already know that, right? So seize the opportunity and let's ride the Bitcoin wave together!

Many things played out during the earlier days of Bitcoin that prevented people from benefiting from it. To some, it's fear, to some, lack of interest, and to some, it's the lack of information. As we know, information is power and it will definitely hurt such in that category since they might have all it takes to get on the train, but for that. All I can say now is that it's never too late, anyone can still have a taste of this general cake, and by now, I believe that tries should have convinced many, not that they would be finding excuses anymore. As for luck, well, we can say so but the affinity to take risks played more role here while luck finished the rest. People can still make about x5 of their income in a year's weakness through Bitcoin investment, so I urge them to do so now instead of crying foul later.

The problem with the fact that many people who are interested in Bitcoin now are still not millionaires is not that Bitcoin was not that popular before. But in the fact that they did not risk being pioneers. Or did not have enough knowledge at that time. In ether way it is not Bitcoin to be blamed by not being so popular and accessible. It is easy to be involved in something when the conditions are already so developed. But it is difficult when everything is just beginning.

Don't let your life rely only in Bitcoin mate.


Yes this is profitable and promising , proven to be climbing value from year after year , but this does not change the reality that we need to work to become rich.

we need to have  a real life and real earning , let bitcoin as your other source of investment but never to  expect this market to change your life.

Our life relies on how we are pushing it, don't blame bitcoin if time comes that you did not changed life because of completely waiting here,

have a work, have a business , have a plan in real life.

I bet you that not only the OP but many people are having this mindset, many people are even selling their assets to focus on the bull season expected to take place after the halving. Optimism and expectations about the future of bitcoin are commendable, but our abuse and dependence on bitcoin in the hope that its growth will make us rich is quite risky. As for those I mentioned, I wonder what they would be like if there wasn't a bull season after the halving?

You're right, no matter how good bitcoin is, we should never rely solely on it to live. This life is very unpredictable so always have many plans for life instead of relying on just one plan. We cannot invest all in bitcoin and do nothing, and just wait for it to increase in price to become rich.

In my case, I will clarify it as a lack of proper information. Do you know that feeling where you don't even allow yourself to be convinced into doing something you are totally not interested in? Yeah, I believe that when I first heard about Bitcoin, it was still trading at $1k and below, but I was so skeptical about it, and even in that state, there was no one to properly educate me on the reasons why I needed to invest in Bitcoin. But I am glad that, lastly, I still did not miss out completely. Some people said when they heard about Bitcoin, it was cheap, but they didn't have the money to invest, which got me wondering: if Bitcoin was cheap back then, according to them, then why can't they afford it? Although it doesn't mean that anyone who wants to buy bitcoin now cannot afford it, it will rather require them to patiently keep accumulating before they can get a significant amount of bitcoin.

People only see the results but don't go through the process so there is nothing they can apply and actually it is the process that will mature us to achieve success. Vice versa with investment and when we see other people have been successful then we will also do that, but unfortunately only a few people are willing to learn first before investing directly. In the end, they were deceived by this investment because it was based on promises of big profits by other people and did not try to study it first with the correct knowledge.

This is what often happens to people who have not learned to understand investment and because their get-rich-quick mindset encourages them to accept other people's invitations, even though investing can be done alone without involving other people. It is important to study the risks so that we do not fall into excessive panic, especially when the market experiences a sharp decline.

The crypto industry, particularly Bitcoin, has shown tremendous growth over the years. It's true that many people are hesitant to invest due to market volatility and the performance of coins over the past year. However, as you rightly pointed out, it's crucial to look at the bigger picture and understand the long-term potential of these investments.

The example you provided about the price of Bitcoin in 2010 versus today is a perfect illustration of this potential. It's a clear indication that those who invested early and held onto their investments have reaped significant rewards.

Your advice about using the DCA (Dollar Cost Averaging) method is also very insightful. This strategy, which involves investing a fixed amount at regular intervals regardless of the price, can indeed be an effective way to mitigate risk and potentially maximize returns over the long term.

It's also important to note that while the crypto market has a lot to offer, it's not without risks. Therefore, potential investors should always do their own research and possibly seek advice from financial advisors before making any investment decisions.

Absolutely true, there are many people who knew about Bitcoin in the past but they didn't get rich and their lives didn't change. Perhaps their lack of knowledge was the main reason for this misfortune. There are many people collect bitcoins from that time but they couldn't hold it until the right time. However, they did not succeed. But Bitcoin is still a great tool to fulfill those people's dreams. If they learn from the past and use the present time to hold on until their dreams come true, I am sure they can change their lives through Bitcoin.

The majority of those who have joined the Bitcointalk forum have studied the world of Crypto and are very aware that Bitcoin can improve economic conditions and change their lives. Bitcoin has also changed the habits of many individuals, who are usually used to saving to having assets in the form of Bitcoin. But behind the excitement that Bitcoin can bring, Newbies must also learn the negative impacts that Bitcoin can have on their lives.

Even though Bitcoin investment can potentially change your life for the better, on the way to the financial freedom that can result from Bitcoin investment, investors will be tested by market movements that are not as desired, perhaps even worse than they have ever experienced before. The longer you are in the Bitcoin market, the more positive experiences that can lead you to become a successful investor.

When we were just infants, no one had a clue about what Bitcoin would become. It took us a considerably longer time to truly grasp Bitcoin's potential. I believe those who adopted BTC early on when its price was below $1 were individuals who valued Nakamoto's vision back then. They wanted to support the project Nakamoto was developing by holding some BTC, without any expectations of it becoming as valuable as it is today. Because, back in the day, Bitcoin was envisioned as a peer-to-peer currency, not an investment instrument.

We won't witness price surges as outrageous as in the past, as everyone now recognizes that Bitcoin is primarily used as an investment vehicle. For those still contemplating making Bitcoin a life-changing factor, perhaps you should exercise a bit more patience because Bitcoin has now entered its adolescent phase. It's well-known and increasingly adopted by a significant portion of society.

And no one knows what we will be like when we grow up, of course it is a future that is very difficult to predict, but if both parents always instill the best lessons in us since infancy then it can help them to predict that when we grow up we will be good children and make both parents proud, this is a logic that makes as much sense as bitcoin. When bitcoin has just appeared, no one will know how big bitcoin will be in the future because it is difficult to fully predict, but by always finding out about the clarity and potential of bitcoin, maybe at least we will be able to know or get an idea about bitcoin in the future. Of course we need time that may be long enough to be able to know all the potential and opportunities in bitcoin, and I say it is one of the processes before you can finally achieve success there. Lucky enough for anyone who has followed and adopted bitcoin from the first time it appeared, even though they did not fully know what bitcoin would be like in the future but they appreciated the project that was just built and in return they are now millionaires.

That makes sense buddy, it looks like there really won't be a significant surge like what happened a few years ago, none other than because as you said, now almost everyone knows what bitcoin is along with its benefits and advantages. Market demand is increasing and the supply of bitcoin is running low, of course in conditions like this we have to be more patient, no longer for the next 3 or 4 years but maybe the next 10 or 15 years we will be able to feel significant benefits.

right mate , because whatever or however Bitcoin can give still our live relies on how we work for it and how we do our best to have a life better.
remember that Bitcoin is a currency and now an asset so in time this will serve its purpose and this is also for long term so before that we need to eat and we need to spend .
I know how much Bitcoin  can bring to our life but it is for future so we need to face today and tomorrow.

In the same way that parents plant values in their children and hope that they grow, early Bitcoin users took a risk by jumping into the unknown, not fully understanding what it could do but sensing a chance. A lot of people have benefited from their risk, just like parents who work hard to raise their kids. You need to be patient, smart, and strong to win this game. But, just like in gaming, not every roll wins. As you correctly pointed out, time is what really shows how valuable an investment is, whether its in people or in Bitcoin.

This idea is reflected in what you said next about the current state of Bitcoin. Even though Bitcoin's days of fast growth are over, that doesnt mean its not valuable. When market demand goes up and supply goes down, gamblers need to be patient more than ever. Long-term trends, not short-term highs and lows, are what matter in this high-stakes game. When you play for short-term gains, its like chasing shadows in a dark theater.

Definitely lives and behaviors have changed but this don't translate to real world for now especially with the poor people and when I mean poor people, I mean those that are living below the poverty line, long as there's people like that that can never access bitcoin, I can't really call it a true life changer because if bitocin can't reach those below the poverty line then what even is the point? Are we just dreaming to want the position of our oppressors? I definitely agree with you about helping newbies learn that there's negatives too on bitcoin but that's something that needs light touching so as not to scare them from engaging with bitcoin.

I cannot fully agree with this. For me short term and long term games are different in their roots. You can win both of them if you know how to play. And we definitely cannot tell for sure which one would bring more gains. When you are not prepared, when you head is not enough cold, even holding could be like chasing shadows, because you don't see any landmarks.

If no one sells bitcoin and everyone holds, then no one will be able to use it, to spend it. In 2010, some sold it and some bought it, it was a great step from both sides to make bitcoin more active and more popular. Yes, there was a man who sold thousands of bitcoins for some pizzas, yes, he would be a billionaire if he hold them and didn't sell but he wrote history and he gave a push to active trading and usage of bitcoin. My opinion always is to actively use your coins, develop better crypto ecosystem and hold some part of it but don't hold like hen holds eggs.

A person's life journey cannot be predicted, this is what I read from this forum, many have succeeded in making big profits from investing in Bitcoin, especially those who have known Bitcoin for the past 5 years. However, it's not too late to invest in Bitcoin as long as you really learn it and you will also get benefits that can change someone's life.

I myself come from a poor family. Even though currently Bitcoin has not changed my life as a whole, as long as I know Bitcoin I have felt quite a change in my life, especially in terms of finances. And it's true, bitcoin can attract all groups, both poor and rich, to get bitcoin because we can get the price using the DCA method. This is different from Real Estate, which requires a lot of capital. So I have no doubt that bitcoin has changed many people's lives 180 degrees.

You can also start investing in the foreign exchange market with a capital of 10 USD or 20 USD, not just bitcoin. To me, bitcoin is like a tool like any other for us to use, and whether we can change our lives or not is entirely up to us. A poor person works hard and can open a business or find a high-paying job that helps him escape poverty and have a better life. In your opinion, is it because of his constant efforts or because his work helped him escape poverty? Bitcoin is similar.

Not only Bitcoin changes life, the crypto space generally is full of life changing opportunities that we need to take cognizance of. Those who are new to the crypto space should also try and understand the opportunities available at their disposal, just the bot trading, copy trading and the likes.

This is Literally a good topic If bitcoin can change lives. Just imagine   back in the year 2010.At that time BTC wasn't as widely known or used as it is today. And at that period BTC was around the range of 0.0008$.
     At that time there where only few places where you could buy BTC. The process was not user-friendly. However Back then people who were willing to put effort were able to buy BTC at a very low price. Just imagine are wealthy most of them as become as the price of BTC has increased.The funny thing that most of them could not wait till this time. what if they did? they will have been billionaires now, even those that bought BTC when the price where 10k and hold it till Now. as become millionaires now as the price increases to 30k depends on the quantity of bitcoin they have held.

So yeah BTC can indeed change lives that why you got to keep, learning more about it and keep on grinding. Now BTC halving closed I will keep on holding mine.

 

Of course Bitcoin has the potential of changing lives, but this change may not come to everyone. There are so many that have invested so much and haven't had much changes. We need to admit that there is a luck factor when it comes to stuff like this.

Today we could be at the bottom and who knows in the future we will be at the top, that's how life goes and there is no instant way to achieve success because it requires a long process that needs to be prepared carefully. Without planning or targets we may never get this, life needs to be prepared, not waiting for luck to come. It is never too late when someone intends to invest in Bitcoin and all they need to do is seek knowledge before looking into it because without knowledge it can lead someone to the stage of unwanted losses.

I also have the same story as you, born from a simple family who did not have a large budget to invest in at first. I use half the salary I get to invest in bitcoin and it is practiced regularly using DCA. To this day, my financial strength is much better and I am able to build a clothing business as a dream that I have always aspired to. persistence will bring someone to the stage of success and if done correctly there will always be a way.