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Author Topic: Earn and save in Satoshi  (Read 1627 times)
Shasha80
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June 18, 2020, 02:40:56 PM
 #21

Positive topics like this that we need in a pandemic situation, I also include bitcoin believers who believe in the future of bitcoin.
I'm sure investing in bitcoin can make big profits and make us rich, so hold bitcoin as long as you can. And never give up on bitcoin,
the process will not betray the results. We all can certainly get what we want.

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June 18, 2020, 04:22:49 PM
 #22

Bitcoin savings are really great, and I think this is what most of the members who know the value of bitcoin do, and the future of bitcoin is sure to be great and we will see great price hikes after a long or short period, but I want to warn about one thing I don't think bitcoin will achieve wealth for everyone, this A common misconception especially for beginners who think they can make a fortune by working with bitcoin, of course there are people who have become wealthy with bitcoin but not necessarily everyone becomes like this, I think it is difficult to see the large price hikes that have brought wealth to some in the past. It happened in the past because people didn't know Bitcoin well and nobody (maybe even Satoshi) was expecting the Bitcoin to one day reach  20,000$.

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June 18, 2020, 04:35:05 PM
 #23

Positive topics like this that we need in a pandemic situation, I also include bitcoin believers who believe in the future of bitcoin.
I'm sure investing in bitcoin can make big profits and make us rich, so hold bitcoin as long as you can. And never give up on bitcoin,
the process will not betray the results. We all can certainly get what we want.

Having that positive sight from this investment currency allows investors to keep holding and continue to buy more. True believers
who trust this system not alone with investment side but also with the process which helps the online transactions, it's allowing everyone
to deal and get the benefits.

Look for longer achievements and keep storing this assets, while you are capable of buying cheap coin keep adding more.
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June 18, 2020, 05:44:00 PM
Last edit: June 18, 2020, 06:18:10 PM by adzino
 #24

So many misleading information over here. Bitcoin is not a wealth creator. It won't be "creating" any wealth for you. You will have to earn your self. You shouldn't be luring people into investing on bitcoin with the false of hope of making money. Those people who get baited and loses money starts to say "bitcoin is all scam".
Instead try to teach them what bitcoin is and why it far superior than fiat currency. You should also teach them about the cons and current availing problem, so they always remain prepared.
I don't think you meant any of those. I assume English isn't your native language?

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June 18, 2020, 06:15:02 PM
 #25

So many misleading information over here. Bitcoin is not a wealth creator. It won't be "creating" any wealth for you. You will have to earn your self. You shouldn't be luring people into investing on bitcoin with the false of hope of making money. Those people who get baited and loses money starts to say "bitcoin is all scam".
Instead try to teach them what bitcoin is and why it far superior than fiat currency. You should also teach them about the cons and current availing problem, so they always remain prepared.
I don't think you meant any of those. I assume English isn't your native language.
I agree with you but I think OP just wanted people to realize how Bitcoin is changing them when we do speak about investment and of course, it does require some research before jumping in to investment. Bitcoin is a kind of wealth creator if you do know how to make some profit from it since we all know that Bitcoin has a bull and bear market. We can only gain higher return of our investment during the bull market. I think OP need to elaborate all of it when talking about earning Bitcoin on how it's a wealth creator in the first place.

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June 18, 2020, 07:39:56 PM
 #26

Yes, if you still have a steady income every week or month it would be good to continue to invest in bitcoin or other crypto, but it is unfortunate that when this pandemic dominates the world then a crisis occurs and many people even lose their jobs and in that way they lose his income. In this case anyone who is familiar with cryptocurrency will certainly be confident to keep buying and holding it for future purposes, but there are still many of them who do not really know about the potential of crypto in the future, so buying bitcoin in a crisis is very difficult for them.

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June 19, 2020, 03:38:28 AM
 #27

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 have been confused on this "cheat" process you are talking. Does it mean that if we turned our back and give up bitcoin, we tend to cheat?

Anyway, giving up is not the answer. Even this pandemic is urging some to cash out all the bitcoin that a crypto investor is holding, they can still buy and reinvest it. It is to test ourself to be strong in times like this. Bitcoin has a great value and have a good use. Giving up is not a good option.
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June 19, 2020, 03:48:15 AM
 #28

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 have been confused on this "cheat" process you are talking. Does it mean that if we turned our back and give up bitcoin, we tend to cheat?


He intends to hold like you have a steel balls. This is very hard in general crypto holders because most of us are trading currency and sell whenever the price has already reach above the average RSI. This method is only beneficial for those user who have steady income and enough money to sustain there daily needs which in my case will not work. If I did not cash out when I gain profit then I will no longer have money for purchasing my basic necessities since I usually buy bitcoin using my salary and trade for short term. I cash out whenI need it even though I'm in loss.

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June 19, 2020, 04:15:04 AM
 #29

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!
You do have a good advice, but this advice is only meant for those that can afford to take it. It’s not everyone that can be saving or investing in this kind of situation,especially when they have no job. And one thing I have noticed is that a lot of people are looking for means to get money quickly and take care of their family.

Some people can’t wait that long, and moreover there is nothing to be sure about when it comes to cryptocurrency, you don’t know where the price is heading. If the price should fall you’re losing money, unless you’re lucky, and then right now the market has been stable for long. Anyone that wants to invest their money at this time should very calculative of the risks they are about to take.

Like many people have been emphasizing for year, I have decided to keep by bitcoins for my retirement life. I cannot hold Mr.Satoshi like amount of bitcoins but I am sure about to save like them in terms of number of years.
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June 19, 2020, 12:08:38 PM
 #30

I was late seeing your encouragement, I recently gave up on my bitcoin for the reason of needing money due to this pandemic. It's really a hard decision I made but I know this is the right decision. But still, I will take your advice and bring it until I have bitcoin again or another cryptocurrency.
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June 19, 2020, 12:12:41 PM
 #31

I like to read more thread like this, we should encourage ourselves to save more satoshi so we have something in the future.
We never know how much bitcoin will cost in the future but I believe it will be worth a lot as the adoption will certainly increase.

If this is digital gold we are holding now, then we should start holding it and value it like a real gold.
I'm currently earning online now, not much but I can save my earning for the future.

Thanks for the encouragement, hopefully more people will be able to read this.

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June 19, 2020, 12:49:28 PM
 #32

I was late seeing your encouragement, I recently gave up on my bitcoin for the reason of needing money due to this pandemic. It's really a hard decision I made but I know this is the right decision. But still, I will take your advice and bring it until I have bitcoin again or another cryptocurrency.

People who can invest or stay invested should remain invested in this if they want to make money in coming time. Those who are stuck and need money than they do not have an option other than cashing out but yeah for the investors or those have some money then should be investing in dips and if require can sell part of it on the upward movement and make some profits as well.

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June 19, 2020, 01:24:22 PM
 #33

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!

There's no way to Give up in crypto because we have been here and trusting this for years now,yeah there are falling moment but there are also a winning moments and believe me that is much happier and will cover your losses from the past.

Buy more when the market is falling and never doubt that one day this will be your bread and butter.
In year or more all you have vested will surely brings you enough or more of what you expected.









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June 19, 2020, 03:29:04 PM
 #34

The bitcoin ecosystem is somewhat complex not only depends on a single activity, it is the sum of many and among all the things that must be done, there are those that you mentioned, but the most valuable thing of all is always the enthusiasm of the users.

Bitcoin is a powerful and revolutionary technological tool, manifesting itself in an asset called bitcoin, but its real power lies in the people who believe in it.

The use of the Satoshi denomination, only shows that it is possible for everyone to save to the extent of the possibilities of the different socioeconomic levels of the people.

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June 19, 2020, 03:50:15 PM
Last edit: June 20, 2020, 05:46:35 AM by pawanjain
 #35

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.
I am doing quite a similar thing. Since the beginning of this pandemic I have been trying to increase the accumulation rate of coins in bitcoin and ethereum.

Both of these coins are have become my favourite lately. I have sold most of my altcoins and have diversified it into bitcoin and ethereum equally.
Though I am hoping that it's price will increase exponentially in future, I am wanting to use it for payments in future which is why holding more coins would benefit me in the future.

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Bitcoinislife09
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June 19, 2020, 04:21:40 PM
 #36

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.
In the world of cryptocurrencies, it is true that there are ups and downs. If you would work in blockchain, yes you would earn a lot. In every month someone can have his or her salary just like what you are experiencing. It is up to you if you would withdraw your salary or you will just invest it. Because investment sites for cryptocurrency may also make your money grow bigger. Many people are believing in fiat money, but just like you I can see fiat only as an alternative. Most of the time it is not updated.

Cryptocurrency I think is our future. Though many people are bashing cryptocurrencies and many are saying its just a scam, we must pursue this for the next generation.

Fiat comes last in the ranking announced by Consumer reports because the FCA products are mostly in the lower rate due to unreliable and poor performance when it comes to the testing.





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June 19, 2020, 09:18:04 PM
 #37

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!
Still you can't soend your satoshis directly form your wallet for your daily needs so converting all of our money into satoshi is not a good idea so allocate a part for saving in fiat and the remaining in satoshi.Make sure that you are not in need of satoshi to be converted into fiat for few years then you can make huge amount of profits.

Maybe you don't grasp what am emphasizing about, i mean you should take note to save bitcoin in satoshi because that is what matter.s
For example, 0.187 btc might worth 200$ today and 500$ tomorrow or 120$ tomorrow.

Which is why it is always good to buy during the dips because u get to accumulate more bitcoin indirectly ahead of a bull run
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June 20, 2020, 06:38:44 AM
 #38

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!
Still you can't soend your satoshis directly form your wallet for your daily needs so converting all of our money into satoshi is not a good idea so allocate a part for saving in fiat and the remaining in satoshi.Make sure that you are not in need of satoshi to be converted into fiat for few years then you can make huge amount of profits.

Maybe you don't grasp what am emphasizing about, i mean you should take note to save bitcoin in satoshi because that is what matter.s
For example, 0.187 btc might worth 200$ today and 500$ tomorrow or 120$ tomorrow.

Which is why it is always good to buy during the dips because u get to accumulate more bitcoin indirectly ahead of a bull run
You need to understand that savings and investment capital can't be the same thing that is why people can't be able to hold in the long term.If you are investing today and expecting a returns on next day or in few months more likely you will get negative results only.
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June 20, 2020, 11:28:07 AM
 #39

Well, this is what I'm doing right now.

I'm budgeting my Bitcoins and diversifying it in different investments. I convert some of BTC into PHP so that I can use it to buy stocks. I also allot a portion of my weekly profit for long term holdings and allot half of it to my expenses and others.

I just don't like the way you say that Bitcoin is a wealth creator. You are saying like "Invest in Bitcoin now and it will give you wealth later". That isn't the case on Bitcoin especially if you can't bear the ups and downs of it. If you panic easily then be conservative and find another investment and vice versa.

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June 20, 2020, 12:09:41 PM
 #40

You need to understand that savings and investment capital can't be the same thing that is why people can't be able to hold in the long term.If you are investing today and expecting a returns on next day or in few months more likely you will get negative results only.

There are such things, called the Ponzi/ MLM/ Pyramid/ money game scams. They promise a certain percentage on a daily basis and early birds are the luckier ones to profit.

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