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Author Topic: Stacking Satoshi Privilege  (Read 166 times)
Ruttoshi
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November 26, 2023, 10:35:31 AM
 #21

If you understand the potential of bitcoin and have the zeal to invest, and passion to accumulate, if you don't have a work, you will go and get one, and if your income is slim, you will look for a second means of income so that you can have extra that you can use to invest in bitcoin.

The fact is that there is nothing that we cannot achieve if we have the passion to do it because we will look for variouss ways to make sure that we achieve our goal, but this statement is not for the lazy ones, because some people just want to sit down and be making money which is impossible as a poor man. Bitcoin investment is for people that can take risk, and discipline themselves so that they can buy bitcoin, you can also trim down your expenses if you see bitcoin that it is worth to buy and hodli.

Investing in bitcoin is not a privilege but an opportunity, the way you go at length to grab other opportunities around you is how to should also do to buy bitcoin. Moreover. you are not buying one bitcoin but satoshi. It is people that buys one bitcoin at once that are privilege.

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lovesmayfamilis
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November 26, 2023, 11:08:14 AM
 #22

I think enlightenment and education can be privileges. It is this that pushes people to understand the importance of investing in their future. There are many examples of people who, being poor, still left a few pennies and created their own businesses on the profits of seemingly unimportant things. It is important to understand that you cannot live one day, spending every penny, and here Bitcoin can be an ally, offering investment, even a small amount. However, the fact that people are in a hurry without understanding all the subtleties proves the statement that investing in Bitcoin is not accessible to everyone. This means that the better a person is informed about it, the greater his chances of success.

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Marvelman
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November 26, 2023, 12:30:55 PM
 #23

I kinda disagree with that notion that folks who are tight on money shouldn't mess with Bitcoin.  I mean, there's ways even broke people can get some Bitcoin action going on.  They could hustle and grind to score tiny bits of coin here and there.  And you got apps and stuff now where you can throw down just a couple bucks and it'll get you started buying Bitcoin.   

It aint much but hey, ya never know, right? Start small and see what happens.  A little Bitcoin lottery ticket never hurt nobody.

Bitcoin is not for everyone. You mustn't place feeding or clothing yourself over gaining yourself a few satoshis.
/.../

I saw you referred back to my previous post, so I'm not sure if you caught my last response where I expanded more on this topic and why I believe anyone can take part in the bitcoin revolution if they choose to.  What are your thoughts?

Jegileman
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November 27, 2023, 09:31:31 PM
 #24

We've often heard the advice to accumulate satoshis, invest in Bitcoin, practice Dollar-Cost Averaging (DCA), HODL, and others. However, I can't help but ponder that these actions may be a privilege for those who can effortlessly engage in them. Accumulating satoshis seems like a privilege reserved for those with a stable financial foundation. For individuals grappling with debt, overcoming addiction, be it to gambling or any other vicenor simply trying to make ends meet, investing in Bitcoin might be viewed as more of a luxury than a privilege. Do you think that accumulating Satoshis is a privilege?

When it comes to being privileged, I think having money itself is to be termed as being privileged too. Not everyone that works so hard for money or invest in some certain businesses make it as wealthy as they wanted. Relating having Satoshi to been privileged is actually true and I totally believe in it to be so. You can have the whole money today but if you’re not privileged to make a right investment decision like investing in bitcoin, you could just see the money swaying away from you without achieving anything tangible from it. You could also have the money and looking at expenses on the money, you can still miss out on buying them which is also understandable. Some sacrifices needs to be made at some point if you want something big to happen in your financial life.

doomloop
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November 29, 2023, 02:36:41 PM
 #25

Do you think that accumulating Satoshis is a privilege?
I definitely think that being able to accumulate Bitcoins every month or every two months is a privilege because it is not only those fighting an addiction or stuck in an interest-paying circle due to debts that can't buy Bitcoin very easily, but we live in a world where income is lower than the expenses due to high inflation rates and even a person without debts or an addiction hardly makes the end meet with what they earn, saving and investments are nothing less than dreams for them.

That's why, a person who is able to earn enough so that they can cover all the expenses of themselves and their household and family and still have money left so that they can save it or invest it in Bitcoin is privileged and I'm serious about that because you can't find a lot of people being able to do that these days, especially those who are employed and not self-employed or having their own businesses.

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