Bitcoin is one of the saviors

[retreat]

for some people, Bitcoin is the savior...

This 25-year-old says he’s a millionaire after investing early in ether and bitcoin

https://www.cnbc.com/2021/05/21/how-crypto-investor-bought-btc-eth-early-used-defi.html

but for some others bitcoin is a disaster...

'I lost millions through cryptocurrency trading addiction'

https://www.bbc.com/news/uk-scotland-57268024

but personally, I feel that Bitcoin is a "savior" for me. I used to be not very interested in technology but after getting to know Bitcoin and other cryptocurrencies I became even more excited to learn about technology and its development. the digital age is upon us and those who don't know bitcoin will be very ancient.

[Quidat]

The way you put it sound terribly funny and has a religious style that I think adds to the humorous situation. However, what you describe is not funny and it is actually very true. Bitcoin and other crypto have opened a way forward to transfer funds and carry your money with you that is extremely useful in extremely difficult situations. For example, a refugee flying from Afghanistan by land is surely going to find problems such as having funds frozen, finding thieves and greedy mafias along the way, having their goods confiscated,... Having a bitcoin account could mean the difference between life and death and between having something to start again or be on the street.

There are really some instances or situations on where Bitcoin could really save your ass up but you should still be careful and be mindful about the risk if ever someone do caught you and this is indeed a life and
death situation but to solve out problems and save up yourself then you do really need to try up all possible things which would really make for you to pass on.When it comes to payment system or hiding up
your riches then Bitcoin could really be that helpful since its anonymous or cant really be traced up.You do already know its usage then you are aware on how things should be done.

[MKings]

There are many people who have not discovered this.
They only understand the negative side of Bitcoin. Ignore the advantages of Bitcoin.
Bitcoin can make a person rich, or it can make a person nothing.
Don't just look at the positive side of things.
Many people do not believe in Bitcoin because they have lost their money in Bitcoin.

[globalpain]

If we make a Bitcoin investment for a long time period, we would most probably make a really nice profit. Considering the investment amount, it can really be our savior when we are in a difficult condition. But it really depends on the amount of profit to be our saviour. If it is a very little amount, then it wouldn't change our lives at all. So, we can add Bitcoin to the savior list but I'm not sure whether it would be at the top.

Bitcoin is indeed a good choice for long term investment but long term investment is not an easy thing,
patience is very important in this and not everyone has that patience,
besides Bitcoin I think the top altcoins are also good for long-term or short-term investments, the most important thing is that we need to analyze and do research first

[Davidvictorson]

based on https://www.livebitcoinnews.com/venezuelans-turn-to-bitcoin-and-online-gaming-to-survive/
when government policies make them miserable, they find ways to survive.

I can tell this is going to turn into a shitpost-filled thread very quickly, but what the hell, I'll post anyway.

Venezuela is obviously in a hyperinflationary crisis, but I'm not sure how much they're relying on bitcoin to save them.  I have read articles like the one OP quoted above, but it's never clear when I read them to what extent Venezuelans are actually using crypto in lieu of their local currency.  I'm sure some of them are, but I would imagine that the US Dollar is also popular, and I think there are some South American countries that use the USD alongside their own currency.

As I don't live in a country being rocked by hyperinflation, I can't say bitcoin has been my "savior" by any means.  All the money I've earned from signature campaigns is still less than I make with my real-life job, and spending bitcoin for practical things can be a pain in the ass since not a single one of my local merchants takes bitcoin--if I want to buy groceries, gas, pay my rent and utilities, or any other daily expense, I have to use fiat.  

I'm sure bitcoin has changed some people's lives, but I also think idiots tend to exaggerate its effect on them for the sake of writing something positive for a signature campaign--hence why I said this thread will rapidly become a spam fest.  

The most honest and real reply I have read here. Very funny how most folks would over exaggerate its effect. Well for me bitcoin hasn't really had any effect on me other than increasing my knowledge of how financial institutions and the economy works.

[Tumanggor]

The most honest and real reply I have read here. Very funny how most folks would over exaggerate its effect. Well for me bitcoin hasn't really had any effect on me other than increasing my knowledge of how financial institutions and the economy works.

if bitcoin makes your knowledge grow and you understand how financial institutions work it means Bitcoin saves you from the misguided thinking they have been teaching for so long

for me the phrase "bitcoin one of saviors" not always just talking about money, it's understanding is broad and that makes me even more amazed with Bitcoin
bitcoin is awesome

[Lubang Bawah]

I agree if say bitcoin is my saviors. When I got laid off from work so I made bitcoin an investment solution, I invested bitcoin about $500 a year ago when the price was $15400 and I got a big profit because i was able to sell it when the price was $36k last february, although sorry for not being patient but at that time I really needed money so I sold all the bitcoins.

[kendedese]

Bitcoin has proven that bitcoin can help improve our economy when we are in trouble, so far of course we have seen how bitcoin has saved many people and become an alternative that is able to provide income during a pandemic where many people are almost starving because they cannot find income in outside the home, imagine if there were no bitcoin maybe some people would get stressed and starve to death.

I think it only applies to people who have worked in crypto for a long time and already have a stable income. getting money from crypto or bitcoin takes a long time. meaning that people who are new to crypto will still need their main job until they actually make money from crypto.

[AicecreaME]

Bitcoin is indeed a savior when it comes to the financial aspect. Bitcoin gave so many opportunities to most of us here. It's just up to us how we would utilize the advantages and the benefits it has to offer. Personally, bitcoin has been the safe haven for my funds. I am very much thankful for bitcoin's existence because it gave me extra income for the past years. I have bought the things and want thanks to my earnings here in bitcoin and of course, other coins as well. I will continue to hold my funds and invest every now and then until I achieve financial freedom with the help of crypto. Hopefully, more people will be enlightened on how crypto can change our lives for the better. But of course, those people who are planning to enter must first equip themselves with enough knowledge before risking.

[ifarted]

Cryptocurrency is open to those people who needs income to provide their daily needs or may it be their extra income for other purposes. Indeed the bitcoin is really a savior and aside from that you'll also improve you're skills more by making high quality post. It's good for brain exercises and the good thing about it is that you'll earn while you're trying to develop your skills. Bitcoin is helping me to grow and i am very thankful for the opportunity that bitcoin gave me.

[xSkylarx]

Cryptocurrency is open to those people who needs income to provide their daily needs or may it be their extra income for other purposes. Indeed the bitcoin is really a savior and aside from that you'll also improve you're skills more by making high quality post. It's good for brain exercises and the good thing about it is that you'll earn while you're trying to develop your skills. Bitcoin is helping me to grow and i am very thankful for the opportunity that bitcoin gave me.

It's open but we have to understand that some people doesn't have the time or the money to get in because they're not as privileged like us who talks like this. Some people only have enough money to get by everyday.

Agree to this but it doesnt mean you cant afford. It is not neccessary that you will buy the bitcoin in whole like 1 btc really we cant afford it but if we bought little by little than it is still good than not buying it at all. It is really investment now so if you do have extra money then i think it is really good in putting it in the bitcoin.

[BuNga_cute]

Bitcoin is indeed a savior when it comes to the financial aspect. Bitcoin gave so many opportunities to most of us here. It's just up to us how we would utilize the advantages and the benefits it has to offer. Personally, bitcoin has been the safe haven for my funds. I am very much thankful for bitcoin's existence because it gave me extra income for the past years. I have bought the things and want thanks to my earnings here in bitcoin and of course, other coins as well. I will continue to hold my funds and invest every now and then until I achieve financial freedom with the help of crypto. Hopefully, more people will be enlightened on how crypto can change our lives for the better. But of course, those people who are planning to enter must first equip themselves with enough knowledge before risking.

For 5 years I have focused on investing in Bitcoin and my economy is getting better, meaning Bitcoin has become my savior. Everyone can benefit
from Bitcoin, it's up to us alone to be able to take advantage of Bitcoin. I am investing in Bitcoin and can make money from Bitcoin, because
Bitcoin's performance is extraordinary. The price of Bitcoin that continues to rise makes me get a big profit from Bitcoin, I will not stop investing
in Bitcoin. Since I have experienced the benefits of Bitcoin, I also hope that more and more people can benefit from Bitcoin.

[ninkdwi]

Don't just look at the positive side of things.
Many people do not believe in Bitcoin because they have lost their money in Bitcoin.

if it is compared to this, it is like they know what school is and what it is for, they want to go to school and have an academic degree but they don't want to go through the learning process and don't want to take the time.
this is also the same as they know about bitcoin, they want to benefit from bitcoin (eg get rich) but they are too lazy to follow the existing process and they don't want to wait too long because their expectations if investing in bitcoin will profit only to the extent that they don't think about and learn about all the ins and outs in bitcoin.
so learning to understand about crypto is just lazy but wants to join in making a profit, so no matter how hard you want it, it won't happen.
so it's natural for them to lose their money because they are just going along with the hype.
but it will be a different story if they participate in forums like bitcointalk and look for more information from other sources and at least learn analytical techniques, even though it is not too perfect but with a basis then the results will certainly be different and of course the effort will not vain.

[juliepower]

Bitcoin is savior when it comes to financial and it helps me as well as it helps to economy too. I invested money in Bitcoin and getting back in profit on my bad times it really helps me alot so i can say it is a savior to me. 🙏🙏

[Trouvaille]

I have just entered the crypto market for more than half a year, and I continue to learn more about cryptocurrency and start to invest in a small amount of currency.
Bitcoin has provided me with many opportunities, brought many advantages and benefits, and helped to improve economic issues. A few months of investment has brought me a lot of profits. Bitcoin brings me more freedom, and more and more people will benefit from it.

[19Nov16]

I have just entered the crypto market for more than half a year, and I continue to learn more about cryptocurrency and start to invest in a small amount of currency.
Bitcoin has provided me with many opportunities, brought many advantages and benefits, and helped to improve economic issues. A few months of investment has brought me a lot of profits. Bitcoin brings me more freedom, and more and more people will benefit from it.

The presence of bitcoin is an answer for anyone, I invested in stocks from 10 years ago but the results I got were not significant, maybe just like bank interest even though I often attended seminars to become a successful stock investor, after knowing crypto for about 3 years I was able to get a profit which is unexpected because crypto provides an opportunity to profit up to hundreds of percent in the short term even less than a year.

[ILuckyGuyI]

As long as you don't make a lot of money in Bitcoin, there is no way that Bitcoin can be your savior in any way. Bitcoin can be useful in such situations only if you made a huge profit after a long run. You can think about it like you are investing into a deposit account for a long term. But Bitcoin is the most profitable way in the long run of course.

[LUCKMCFLY]

For me bitcoin has given so much that it deserves to be called a savior. I know and earn bitcoins from the freebitco.in site which at that time paid if we completed an easy task, namely captcha, after I collected bitcoins and managed to exchange them for cash it made me excited to earn bitcoins by trading and joining cloud mining programs.

I fully understand that feeling, I must say that I got to know the crypto world thanks to Freebitco.in and although I had many more losses on the site than profits, it was the trigger to have discovered much more about the projects, and if for many it is usually the BTC a Unique savior, especially for countries with high inflation, whoever owns BTC could even live like a King, and in those countries with stable and prosperous economies it is also a great option.

Just the fact of achieving financial freedom with the use of BTC, is something that is quickly recognized, some who only trust their traditional economy will never be able to be rich, unless the lottery is won, with the BTC economy it is much better than a lottery.

[AndySt]

For me bitcoin has given so much that it deserves to be called a savior. I know and earn bitcoins from the freebitco.in site which at that time paid if we completed an easy task, namely captcha, after I collected bitcoins and managed to exchange them for cash it made me excited to earn bitcoins by trading and joining cloud mining programs.

I fully understand that feeling, I must say that I got to know the crypto world thanks to Freebitco.in and although I had many more losses on the site than profits, it was the trigger to have discovered much more about the projects, and if for many it is usually the BTC a Unique savior, especially for countries with high inflation, whoever owns BTC could even live like a King, and in those countries with stable and prosperous economies it is also a great option.
Just the fact of achieving financial freedom with the use of BTC, is something that is quickly recognized, some who only trust their traditional economy will never be able to be rich, unless the lottery is won, with the BTC economy it is much better than a lottery.

Well, winning the lottery is much easier and more understandable for a simple layman  It just all depends on the person himself, how well he understands the economy and the markets, and some are perfectly successful in traditional market sectors. Another question is that trading or investing in bitcoin involves a much lower threshold for entering the market and, accordingly, more people can join it. The most important thing is to believe in the technology of cryptocurrencies itself and have information about the principles of their functioning and typical market behavior. Then, with due diligence and luck, you can really succeed in this business and achieve some independence in finance.

[uneps]

I don't think Bitcoin is just for hobbyists, but its use and status as an alternative currency will only continue to be an alternative. Because Bitcoin until now its form is only as a payment only to fulfill some of the functions of a number of functions of all currencies.
The use of Bitcoin that does not require banking institutions is also considered not to be able to shift the banking function, because the exchange rate is very volatile. Even though in terms of cheap transfers, the risk of the exchange rate is very high. So I do not see that Bitcoin can replace the function of mainstream currency.