Who else is putting their Stimulus into Bitcoin?

[DECABEATZ]

Do i need to ask why you didnt?  BTC

Because people are in different situations. Lucky for you, you didn't need that stimulus as much as others that you can invest it somewhere else. But to the rest of the beneficiaries who have lost jobs, business, apartments, and whatnots due to the pandemic will have no other choice but to spend that free money on more basic stuff.

But in terms of putting money into Bitcoin, it shouldn't just be your stimulus. It should include a portion of your savings, salary, income from other sources, and so on. Bitcoin is like wine; it gets better as it ages. Money rots over time.

I DCA every 2 weeks too. I know the potential of Bitcoin and we are not even close to what it will be another 10 years from now!

[DECABEATZ]

I spent the $600 usd that I knew was coming on the 20th. Didn't have the balls to spend the 2k because I knew mitch was bending us over.

lol yea he walks like he took a dump in his pants he needs to invest his in toilet paper!  hehe

[onooks]

U.S. keep having stimulus after stimulus and the rest of the world covid after covid. 😞

[Shasha80]

I'm sure not many people who get government stimulus are used to buy Bitcoin, because most who received stimulus funds had low economies.
So for those people, most of the money they get from the government is used to buy daily necessities. It should have been more effective that
the stimulus provided by the government was to buy Bitcoin, so the money could be even more.

Therefore, it is our task that understands Bitcoin to provide education, so that people who receive the stimulus can use it to buy Bitcoin. Although
not sure whether the people receiving the stimulus will understand Bitcoin, because the recipients of the stimulus in my country  are usually poor
people with low education.

[sujon5]

I have mixed feelings about your post. Stimulus checks were aimed to make people spend more money on everyday needs and boost the economy. If someone thinks about investing the check in crypto, it means that person has some extra money. Do people who live paycheck to paycheck make any investments? No.
p.s. There aren't any stimulus programs in my native country.

[youdacapt]

I KNOW I AM! Food for thought - the first Stimulus $1,200 if put into Bitcoin is now worth $4,146 Do i need to ask why you didnt?  BTC

Stimulus is to help you survive a lockdown and be very comfortable so that you can comply with the terms of staying at home. So if you can be very comfortable investing your stimulus into bitcoin; then so be it. otherwise it is an unnecessary investment. There are two sides to an investment; and you need to trade with funds you can part with.

[20kevin20]

I have mixed feelings about your post. Stimulus checks were aimed to make people spend more money on everyday needs and boost the economy. If someone thinks about investing the check in crypto, it means that person has some extra money. Do people who live paycheck to paycheck make any investments? No.
p.s. There aren't any stimulus programs in my native country.

So for the average person who's living ona paycheck to paycheck basis.. do you think it's better if they spend the entire paycheck on useless stuff (or even on food) when they could try to live off the money they currently have while investing the stimulus for bad days such as those we've had with the virus? To me, it makes more sense to take that money and store it rather than spend it. Why the hell would I want to artificially boost the economy by sustaining the already rich corporations when we could use it as a long-term plan to sustain ourselves & our family...