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Author Topic: Earn and save in Satoshi  (Read 1627 times)
Ifemini (OP)
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June 04, 2020, 10:25:11 AM
 #1

Hi everyone, i understand that the global pandemic has caused different economic scenes in the world; but if you are still into crypto currency and bitcoin or you are about giving up on it.

I want to urge you to not give up on crypto currency and bitcoin because it is a wealth creator; all you have to do is to not cheat the process.
Bitcoin is a path to wealth transfer, and i want to encourage to save in satoshis, either daily or weekly; the future of bitcoin and crypto currency is here!
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June 04, 2020, 01:53:57 PM
 #2

Thank you for that encouragement and I truly appreciate it. This is the mindset of most members here and this is what we've been called to be long in bitcoin. What does it mean that cheating the process? you can't cheat the process of accumulation of bitcoin because you have to buy it and even the technology that's behind it, there's no way to cheat the blockchain. But overall of what you have said is true. It's becoming different from the true purpose of it but it's not gone and many do consider bitcoin as a good store of value.



 

 

 

 

 

 


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June 04, 2020, 01:56:21 PM
 #3

I have had my ups and downs in the Crypto World but am glad and happy that I work for a blockchain company and guess what? I get my salary paid for every month in Bitcoin, which means I literally live on the Blockchain. Fiat for me is a ponzi scheme, outdated and not real money. FIAT is just a bundle of debt that our overlords have for centuries forced us to bag hold. People now are waking up to Bitcoin and the Freedom it promises, through its limited supply mechanism.
Although I have had some terrible experiences and have seen the worst of human nature in this space, I also hold out a lot of hope for humanity, if we pull this experiment of decentralized finance off and help generations to come.


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June 04, 2020, 02:47:00 PM
 #4

 You know what I'm trying to do during this pandemic? I really save cryptocurrency especially bitcoin and ethereum coz it seems to me that the price of these two are unaffected by the current events.

I know bitcoin and other cryptocurrencies are not the key to get rich, but the fact that you can gain so much from it I would not stop using it. And I believe that there is a great purpose for cryptocurrencies in the future, we might just be using it as our daily driver to our transactions. I don't usually say this, but cryptocurrencies has the biggest shot for the world to adopt in the near future to make the cashless society dream come true.
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June 04, 2020, 03:34:25 PM
 #5

Hi everyone, i understand that the global pandemic has caused different economic scenes in the world; but if you are still into crypto currency and bitcoin or you are about giving up on it.

I want to urge you to not give up on crypto currency and bitcoin because it is a wealth creator; all you have to do is to not cheat the process.
Bitcoin is a path to wealth transfer, and i want to encourage to save in satoshis, either daily or weekly; the future of bitcoin and crypto currency is here!

Yes, i am agree with you. i fall in love with BTC at the time of joining of forum and from that time i always tried to connect with satoshi because it gives me happiness in my life. Even in this nCOVID crisis moment i earned money from BTC and also trying to store some amount every month for my future. So i also request to every crypto lover to store some amont of satoshi in every month or week.

thanks.
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June 04, 2020, 03:55:14 PM
 #6

I started it but it doesn't mean I'll end it. I think and I know to myself that I'll forever stick with crypto unless Bitcoin will end if I was alive I guess that will be the time that it'll end. I guess I know what you mean to cheat for example scams, hacks and other fraudulent acts that just making the image of Bitcoin bad, just my two cents.
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June 04, 2020, 03:57:08 PM
 #7

Hi everyone, i understand that the global pandemic has caused different economic scenes in the world; but if you are still into crypto currency and bitcoin or you are about giving up on it.

I want to urge you to not give up on crypto currency and bitcoin because it is a wealth creator; all you have to do is to not cheat the process.
Bitcoin is a path to wealth transfer, and i want to encourage to save in satoshis, either daily or weekly; the future of bitcoin and crypto currency is here!
Saving money is a normal practice for people who indeed have a possibility to spare some money monthly. Saving money in BTC is, however, not for everyone, given that it's highly volatile and one might lose a lot. Bitcoin is not a wealth creator, it's just a form of money that happens to be used for other purposes and tends to increase in price. I don't think people should stay with Bitcoin because of hoping to get rich. They should buy it if they believe in it as an alternative to traditional holding and sending money via banks. Bitcoin is no save haven and no 'get rich quick' thing.

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June 04, 2020, 03:57:31 PM
 #8

I save it for a different reason.
Because I love it.
I think when you are older in this kind of industry you change your perspective in time.

Before it was just selling at some point.
Then you learn more and get hooked. A time will come when you think about why you are selling it and not just use it someday.
It's savings, that is true. But, it is because of an opportunity to use it directly as a means of buying things.
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June 04, 2020, 04:01:13 PM
 #9

Bitcoin and other crypto currencies, did not have too bad an effect when this pandemic occurred. Bitcoin and altcoin can be hope. Saving or collecting bitcoin little by little is a good idea. To get bitcoin also requires a long effort and process. Unlike the case if bitcoin is purchased using your deposit. But it will still be a valuable investment someday. The future of cryptocurrency and bitcoin will certainly be better. Bitcoin is not really the road to wealth, but is a currency that will sustain your economic life so that it will be better when this pandemic occurs.

Your goals and expectations must always be and of course you must be sure that bitcoin in the future will give you something surprising.
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June 04, 2020, 04:33:48 PM
 #10

I'm grateful to know about Bitcoin and Altcoins...
the world is currently in a state of economic downturn, many people are unemployed, my husband is one of the victims of temporary layoffs by the hotel where he works. at present, our family's daily needs come from the sale of cryptocurrencies that we have collected little by little for a long time, I hope this pandemic can end quickly so that my husband and I can HODL Satoshi again.



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June 04, 2020, 06:18:40 PM
 #11

Hi everyone, i understand that the global pandemic has caused different economic scenes in the world; but if you are still into crypto currency and bitcoin or you are about giving up on it.

I want to urge you to not give up on crypto currency and bitcoin because it is a wealth creator;
No person that genuinely understand the concept of bitcoin and it potentials will give just because the market is in downtrend stages.

all you have to do is to not cheat the process.
Bitcoin is a path to wealth transfer, and i want to encourage to save in satoshis, either daily or weekly; the future of bitcoin and crypto currency is here!
Bitcoin will only be the path of wealth transfer to investors and traders that have adequate knowledge about it investment. Meanwhile, alot of people have invested in it and only make lost.

What does it mean that cheating the process?
I believe what he's saying is not accumulate crypto through negative activities bypassing the right procedures and not abusing the liberation of crypto and this forum.

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June 04, 2020, 06:36:16 PM
 #12

Hi everyone, i understand that the global pandemic has caused different economic scenes in the world; but if you are still into crypto currency and bitcoin or you are about giving up on it.

I want to urge you to not give up on crypto currency and bitcoin because it is a wealth creator; all you have to do is to not cheat the process.
Bitcoin is a path to wealth transfer, and i want to encourage to save in satoshis, either daily or weekly; the future of bitcoin and crypto currency is here!

I love seeing posts like this. Everyone, keep the faith! The longer we hold out together, the stronger (and richer) we get together.
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June 07, 2020, 12:21:37 PM
 #13

The pandemic greatly affects the world and it was not a joke. Financially, people are suffering especially average people who somehow would spend the least of their savings just to eat 2-3time a day.
I hope people could somehow save even a penny a day.
Keep encouraging others.
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June 07, 2020, 04:38:59 PM
 #14


I want to urge you to not give up on crypto currency and bitcoin because it is a wealth creator; all you have to do is to not cheat the process.
Bitcoin is a path to wealth transfer, and i want to encourage to save in satoshis, either daily or weekly; the future of bitcoin and crypto currency is here!

Thanks for the encouragement. I know some friends and people that has already given up even before this pandemic. Now imagine during this pandemic, many already lost hope but what I always preach to them is to endure this because it won't be forever.
Search history reveals that Bitcoin is the best performing asset of this 2020
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June 18, 2020, 12:35:44 PM
 #15

We should think about the future before something bad happened.
I've made deposit in btc on gekkoin before pandemic and made some profit
Yes, future is always important but wait....
What gekkoin will do in the future or in this topic? Advertisement? Hmmm, since you are not allowed here or you should in other sections of the forum not here.

I love seeing posts like this. Everyone, keep the faith! The longer we hold out together, the stronger (and richer) we get together.
Yeah! This kind of post should be also read by some weak hands who are always panic sell their bitcoin holdings. Just like what OP said, trust the process. We should always think about the long term part of the future since for me, we are still early, need more time.

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June 18, 2020, 12:40:39 PM
 #16

Its not that easy to have faith and trust on the market. I say we must learn other business or at least know how to do trading. Cause simoly holding could turn sometime into bad state. While waiting for the market to recover we should find a way to earn even through trading. I know its risky but we should try and have some balls to bet on it. Profits are not gonna come if we wait.

We should think about the future before something bad happened.
I've made deposit in btc on gekkoin before pandemic and made some profit
Bad publicity always happened so expect market crash always with so many scattered fud on social media. I think crypto market is much stronger than stocks. I did not expect that it withstand the crash due to pandemic corona virus.



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Rainbot
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June 18, 2020, 12:56:43 PM
 #17

Most of the time timing is one of the most important things that you could do to earn your profit immediately. Some of the people today are giving up on the crypto because they lose a lot of money and some of the people that made an investment causes a hodl to their wallets because they miss the chance to giving up their Satoshi when the market price of the coin goes up for over 10k dollars. Some of the people today are still supporting the use of the cryptocurrency which is the bitcoin and most of them are buying every time the coin falls down.

Its not that easy to have faith and trust on the market. I say we must learn other business or at least know how to do trading. Cause simoly holding could turn sometime into bad state. While waiting for the market to recover we should find a way to earn even through trading. I know its risky but we should try and have some balls to bet on it. Profits are not gonna come if we wait.

We should think about the future before something bad happened.
I've made deposit in btc on gekkoin before pandemic and made some profit
Bad publicity always happened so expect market crash always with so many scattered fud on social media. I think crypto market is much stronger than stocks. I did not expect that it withstand the crash due to pandemic corona virus.

Still, we cannot trust the market because it is volatile and some of the cause of too much increase and decrease of the coins are the cause of the people who hold a lot of market coin but if we are just a simple small investor we need to take care on the market movement it may cause a long term or short term investment.

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June 18, 2020, 01:43:06 PM
 #18

We should think about the future before something bad happened.
I've made deposit in btc on gekkoin before pandemic and made some profit

Good for you, at least, you can make money from crypto. But if you don't sell your bitcoin, you still not make a profit because you still use fiat money to buy what you need. If you still hold your bitcoin because you want to sell at the highest price, you need to have control of yourself to see the bitcoin price movements.

We need to keep trying to earn more bitcoin so we can have more bitcoin, which can help us make more money. While we still have time to earn and save more satoshi, we don't need to give up because I am sure that we can still make another bitcoin in many ways. But don't forget to keep learning and practice so you will have a chance to profit in bitcoin.
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June 18, 2020, 01:54:25 PM
Last edit: June 18, 2020, 03:21:02 PM by bitcoinst
 #19

Hi everyone, i understand that the global pandemic has caused different economic scenes in the world; but if you are still into crypto currency and bitcoin or you are about giving up on it.

I want to urge you to not give up on crypto currency and bitcoin because it is a wealth creator; all you have to do is to not cheat the process.
Bitcoin is a path to wealth transfer, and i want to encourage to save in satoshis, either daily or weekly; the future of bitcoin and crypto currency is here!

Whether or not Bitcoin creates wealth is a relatively relative question, and without specific numbers and examples, it is quite difficult to inspire desperate people by saying a few words to them.  
People who understand how Bitcoin works and what its prospects will agree with you completely.  However, there is another type of people to whom bitcoin caused only disappointments.  

As a rule, these are those people whose goals were primarily aimed at profit, and they cannot be blamed for this.  All of us, to one degree or another, are trying to make money in the crypto market.  
We are already inspired by the market, and we understand its cyclical nature, while to inspire others we need to make a little more effort to restore their faith in the market.

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June 18, 2020, 02:22:36 PM
 #20

What cheat that you mean?

Bitcoin has multiple functions, you can use it as means of payment system. Moreover with during this pandemic when many people just stay at home and they need to buy the basic need bitcoin can be made as a solution to pay anything. As long as the merchant accept bitcoin as mean of payment then the user of bitcoin can use for it.

Also, bitcoin can be made as an investment place. The volatility of the price can be made a reason for us to gain a lot of money (its otherwise we can't lose our money in several hours). More than that, there are many popular person already who consider that bitcoin can be juxtaposed with gold. As many people know gold is a safe heaven place so far it means bitcoin can be safe heaven place as well.
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