One of many reasons why I love bitcoin

[mummybtc]

The main is why I love Bitcoin is because it has made me rich, it has done 4x from the time I bought it last year, and because of high inflation rate in my country, it now worth close to 10X return for me in just a year

[Dudeperfect]

It's really cool to see something like this. Trust me we all are going to be proud of ourselves in next few years and what we are involved with now is going to shape the future not only financial aspects but also in other aspects of usage of technology.

The best practice is to spend 50% of the earnings and save 50% of the earnings when it comes to bitcoin. Spending 50% would boost the value of remaining 50% and that would make the difference.

[ahmedjamal1998]

Well the picture of that transaction for some reason put a big smile on my face.

but I then got sad wishing that I knew Bitcoin back then. And of course the crazy thoughts of holding just a $1000 at that time and waiting on them.

I know that it was scary doing such thing at that time, but I really wanna see if any of the early investors (2009) became millionaires out of it.

[Kprawn]

Compare that to interest you might have received from your local bank. Example = 10% interest at a bank per year :

2014 - $7.48 = {$0.748}
2015 - $8.23 = {$0.823}
2016 - $9.05 = {$0.905}
2017 - $9.96 ---> rounded off = $10-00 <---- The reality will be that banking fees would have been more.  

My math may be incorrect, but it is close enough to make a good comparison. It would never trump $48.14 interest over 3 years vs $7.48. I can

just imagine if this was $1 000 000  

[Meowth05]

this is one of the many transactions that I received, this was from some small exchange that I was trading there for fun and to learn more about how to use API in my bot and I cashed out all my balance worth $7.48.

and this is my cold storage, which has been taking deposits ever since 2014 :

Well good news for you thats really great because you started a long time ago huhu not good for us who just started a month the bitcoin price was already high so we cant afford to invest a low amount this time with a big profit.

[Deborah Christine]

The reason why i love bitcoin just because bitcoin changes my life.
I am be a rich man 😂😂😂.
Bitcoin now be source my income. My job now only trading bitcoin and
I also invest in bitcoin.
2 month ago i buy 1 bitcoin in price 14.000.000 IDR and now the price is 22.000.000 IDR per bitcoin.
i still hold my bitcoin and wait for the right time to sell it. I wait until 30.000.00 IDR per bitcoin 😂😂
Bitcoin, i love it

[Wesimon]

This is the reason why bitcoin is better than banks in terms of investments. In a bank, if you deposit a certain amount of money and let it stay there for a year, you will gain only 1% (at least in our country, I do not know how banking works on other country) while in bitcoin, you may gain twice as the price you invested a year ago. That's why most of us love bitcoin so much.

[amacar2]

Hope you are still holding those bitcoin tightly, within next few years that 55$ may look like 500$. 

You have already got almost 8 times by just holding those coin for two year.

[Pursuer]

Compare that to interest you might have received from your local bank. Example = 10% interest at a bank per year :

2014 - $7.48 = {$0.748}
2015 - $8.23 = {$0.823}
2016 - $9.05 = {$0.905}
2017 - $9.96 ---> rounded off = $10-00 <---- The reality will be that banking fees would have been more. 

My math may be incorrect, but it is close enough to make a good comparison. It would never trump $48.14 interest over 3 years vs $7.48. I can

just imagine if this was $1 000 000 

10% is a big profit annually and only found in countries which have a very high inflation rate (as far as I know). your calculations are not wrong but they are just not accurate.

for example the banks where I live calculate the profit daily, they pay the profit monthly though. and for that your calculation would be a little bit off. the total after 3 yeas would be $10.10 exactly if you use the daily method. the formula for it can be found in Microsoft Excel if you are interested.

Code:

=FV(10%/365,3*365,0,-7.48)

[ufaiz50]

The main reason because bitcoin can generate revenue through trading even bitcoin holding and price every year will rise due to halving. op prove it starting from $7.48 for trading it's quite interesting.

[rajasumi3]

That is the main reason people love bitcoins so much,even i save all my bitcoins i cold storage,well within 6 months i have even seen that the price of bitcoins have gone huge and in the near future it will reach the moon.

[Mbokani]

The reason why i love bitcoin just because bitcoin changes my life.
I am be a rich man 😂😂😂.
Bitcoin now be source my income. My job now only trading bitcoin and
I also invest in bitcoin.
2 month ago i buy 1 bitcoin in price

I guess you are like Jesus,with one bitcoin you are planning to become a rich man and it is now the main source of your income.How come you are able to make that much and planning to settle when you invested in one bitcoin,if you could share your magic recipe it would be cool,so that there will be more rich people. Good luck in attaining your dream.

[Amph]

That's a 7-fold increase, congratulations.
Hope you had more than just $7 in BTC at the time elsewhere. That would mean even bigger profits.

not to mention, that while is good to just hold bitcoin and waiting for the value against fiat to increase, it's never a good thign to let your bitcoin sit there do nothing, that is losing money

invest them in crypto or in mining and make more bitcoin out of them it's a better strategy, you can easily end with 100x in a certain time frame

[Rudi Setya]

this is one of the many transactions that I received, this was from some small exchange that I was trading there for fun and to learn more about how to use API in my bot and I cashed out all my balance worth $7.48.

and this is my cold storage, which has been taking deposits ever since 2014 :

Great , bitcoin is indeed good invesment.. you can invesment more to get more profit good..
this is good to started because you have been get $7.48

[barnes13]

The reason why i love bitcoin just because bitcoin changes my life.
I am be a rich man 😂😂😂.
Bitcoin now be source my income. My job now only trading bitcoin and
I also invest in bitcoin.
2 month ago i buy 1 bitcoin in price

I guess you are like Jesus,with one bitcoin you are planning to become a rich man and it is now the main source of your income.How come you are able to make that much and planning to settle when you invested in one bitcoin,if you could share your magic recipe it would be cool,so that there will be more rich people. Good luck in attaining your dream.

Many people are laughing the first time they know about Bitcoin and it happened at the beginning of Bitcoin's appearance, but now the laughing and snooping person is stunned and speechless they only can say wow amazing, so I think nothing is impossible With just 1 bitcoin they have people dreaming of getting rich .
He/She mentioned not just save it but do trading with Bitcoin He/She has.
Nice pic from Pursuer and I love Bitcoin too 

[sportis]

Long term investors will have a sure profit after a period of time. Not really know how much but till now is better than any other asset. On the other side because, mainly, is currency the best feeling is freedom from any barriers the banks impose when they try to keep their dominance over people lives.

[Bitmedrano040117]

this is one of the many transactions that I received, this was from some small exchange that I was trading there for fun and to learn more about how to use API in my bot and I cashed out all my balance worth $7.48.

and this is my cold storage, which has been taking deposits ever since 2014 :

Meaning you are earning 7.48$ a day? This is good for you, congrats anyway! Me why I love bitcoin so much because it gives joy and happiness actually, and I received profit every week where I get it from doing trade.

[KenR]

this is one of the many transactions that I received, this was from some small exchange that I was trading there for fun and to learn more about how to use API in my bot and I cashed out all my balance worth $7.48.

and this is my cold storage, which has been taking deposits ever since 2014 :

Thanks for making us realize how terrible we were at taking risks.My father always gave me negative advises whenever I suggested investing in bitcoins during 2015-2016.He always denied it.to which I regret till date.Every time the price goes up I frown at him for not letting me take that step which could have changed my life.

[Casabrandy]

this is one of the many transactions that I received, this was from some small exchange that I was trading there for fun and to learn more about how to use API in my bot and I cashed out all my balance worth $7.48.

and this is my cold storage, which has been taking deposits ever since 2014 :

Thanks for making us realize how terrible we were at taking risks.My father always gave me negative advises whenever I suggested investing in bitcoins during 2015-2016.He always denied it.to which I regret till date.Every time the price goes up I frown at him for not letting me take that step which could have changed my life.

I remember before I keep on telling to my friend that its not a good idea entering bitcoin or any online schemes earning money for he might get scam,yet he continue and he proves me that its real that he'll be able to earn from it. He's the one who teach me bitcoin ,he experienced not being payed and got scam but still he continues and he really learn from it and earn great amount on it. So it can really changed life.

[Pursuer]

this is one of the many transactions that I received, this was from some small exchange that I was trading there for fun and to learn more about how to use API in my bot and I cashed out all my balance worth $7.48.

and this is my cold storage, which has been taking deposits ever since 2014 :

Meaning you are earning 7.48$ a day? This is good for you, congrats anyway! Me why I love bitcoin so much because it gives joy and happiness actually, and I received profit every week where I get it from doing trade.

no, that was all the bitcoin's that I had on one small exchange that I don't even recall its name now. I think they closed down because nobody used them anyways. and I just withdrew this amount that I had there to play around with.

I could share some bigger transactions that I had but I though small ones such as 7 bucks had a better message in it.