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Author Topic: Your Life After 10 years in Bitcoin...  (Read 3482 times)
Ehrakeziah (OP)
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December 02, 2020, 04:39:22 PM
Merited by vapourminer (1), JayJuanGee (1), Xampeuu (1)
 #1

Bitcoin was invented by the mysterious Satoshi Nakamoto in 2008 and released as open-source software in early 2009. It was gradually recognized by many until it reached a peak of $19,783 per bitcoin in late-2017.

From the beginning of bitcoin history I know that many people become rich instantly when they hold their bitcoins and sold at the highest price last 2017.  After the price of bitcoin fluctuated and dropped where many investors got scared and started to panic to sell their bitcoin even if they went bankrupt. But we cannot hide that bitcoin has changed many lives.

On the other hand, after bitcoin dump many are still investing, especially as the price of bitcoin gradually rises again. And due to the continuous development of bitcoin it has become more and more popular and attractive to investors especially to the rich and big companies.

Now bitcoin is preparing to reach another ATH. Are you still there and holding your bitcoins? What happened to your life after 10 years in bitcoin? Is there any changes?
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December 02, 2020, 04:58:07 PM
 #2

Now bitcoin is preparing to reach another ATH. Are you still there and holding your bitcoins? What happened to your life after 10 years in bitcoin? Is there any changes?
Actually, I knew Bitcoin since 2017 and this is not yet around 10 years old. But at least, I faced that pump and dump of the Bitcoin price that makes many people scared, happy, and also complicted. And what happen to me so far? I really feel very rgeat to know about Bitco. this changes may lfie, at elast my finance. Although it is still small things that i reached, but at least it gives me chance to have better life. Additionaly, the rpesenc eof Bitc9in also change sthe worl,d change the point of view of how this thing and technology apoption run.

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December 02, 2020, 07:14:22 PM
 #3

I have been aware of bitcoin from past 6 years and I would say it has been a passive income as well as a boon for me at the time of need even though I missed out early investments but I had bitcoin's earned through signature campaigns which I couldn't exchange at that point if time due to inferior value which laster turned out to be a very profitable during 2017 bull run. I wish I would have invested into Bitcoin when it was new, but nevertheless it has improved my standard of living and now I don't need to pay huge fees for money exchangers if I have to make cross border payments.

This is just my experience which might vary from those who invested at peak and did panic selling as they Amy either consider it as a lesson or curse.

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December 02, 2020, 07:43:40 PM
 #4

Bitcoin was invented by the mysterious Satoshi Nakamoto in 2008 and released as open-source software in early 2009. It was gradually recognized by many until it reached a peak of $19,783 per bitcoin in late-2017.

From the beginning of bitcoin history I know that many people become rich instantly when they hold their bitcoins and sold at the highest price last 2017.  After the price of bitcoin fluctuated and dropped where many investors got scared and started to panic to sell their bitcoin even if they went bankrupt. But we cannot hide that bitcoin has changed many lives.

On the other hand, after bitcoin dump many are still investing, especially as the price of bitcoin gradually rises again. And due to the continuous development of bitcoin it has become more and more popular and attractive to investors especially to the rich and big companies.

Now bitcoin is preparing to reach another ATH. Are you still there and holding your bitcoins? What happened to your life after 10 years in bitcoin? Is there any changes?
AFAIK, we've just reached another ATH on Monday and that's $19800. Breaking a few bucks from the last ATH. Well, CMC shows it's $19773 so that's kind of short to the last ATH. Nevertheless, I'm still holding and I don't know what will happen to me after 10 years.
As much as possible, it's part of my plan to hold at least some up to that year. And with my experience from the time that I've started to invest in bitcoin, it has changed my life in so many ways. The common things just like others are sharing.

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December 02, 2020, 08:22:43 PM
 #5

AFAIK, we've just reached another ATH on Monday and that's $19800. Breaking a few bucks from the last ATH. Well, CMC shows it's $19773 so that's kind of short to the last ATH. Nevertheless, I'm still holding and I don't know what will happen to me after 10 years.
As much as possible, it's part of my plan to hold at least some up to that year. And with my experience from the time that I've started to invest in bitcoin, it has changed my life in so many ways. The common things just like others are sharing.

I buy bitcoin with some remaining money after meeting my regular needs. I have been doing this for the last six months, now I have a good value of Bitcoin deposited in my volt. I want to accumulate something like this until the price of Bitcoin reaches $30,000. I think this is a good and profitable idea for everyone.

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December 02, 2020, 08:54:43 PM
 #6

I haven't used bitcoin for such a large number of years. Maybe after using ten years I'll get good benefits of the same. Just after three years of bitcoin I got good fortune out of it. But, I wasn't able to make it benefit me. Once again I've started to accumulate my earnings targeting the next halving days. Hope to see a big change by then.

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December 02, 2020, 09:12:58 PM
 #7

Now bitcoin is preparing to reach another ATH. Are you still there and holding your bitcoins? What happened to your life after 10 years in bitcoin? Is there any changes?

I just take bitcoin seriously in the last 10 years, was here during the last all time high, but I would say that I didn't hold that much though. But from 2018 up to know, I really understand and really learn what I holder and that I should save or stack bitcoin and then look for the next bubble, next all time high. So we will see how it will change my life and others.

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December 02, 2020, 09:53:40 PM
 #8


Now bitcoin is preparing to reach another ATH. Are you still there and holding your bitcoins? What happened to your life after 10 years in bitcoin? Is there any changes?
You're right, the way I see it, BTC is on another ATH roll.

Like many others since the big rise in BTC back in 2017, I must say that I remained a faithful investor with BTC assets still at hand.

How have the past 10 years changed for me?
For starters, I learnt a lot more about the industry and gained a much better knowledge of how to levy my skills in trading to increase my capital. so for sure there have been a few bumps here and there, but overall BTC and the entire boom of the crypto industry has impacted me positively. And I'm sure it will continue to do so Wink

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December 02, 2020, 10:27:17 PM
 #9

I have known Bitcoin for a few years but I haven't bought much Bitcoin. Now, I really started to regret it. Bitcoin hasn't changed my life much in terms of money but I started to learn about digital currencies thanks to Bitcoin.

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December 02, 2020, 10:31:35 PM
Merited by JayJuanGee (1)
 #10

I bought Bitcoin in its lows in 2016 and held through the 2018 all time high. I don't feel rich and have no regrets now that it's again in a new high.

It's still very early for Bitcoin and I know that 50 thousand dollars is not some very distant dream. It can happen within weeks when more institutions come in and put 1% of their money into it.

My life has changed for the better because thanks to Bitcoin I felt safe financially. I did not sell but it gave me the confidence to invest and take on new daring fiat projects because I knew that if anything goes wrong I'll still have my bitcoin savings.
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December 03, 2020, 01:40:18 AM
Merited by JayJuanGee (1)
 #11

I don't think many of us here have been in bitcoin for the first 10 years of its life. Probably a few, but we don't see them much often in the community to tell us their story.

But I remember one early bitcoin adopter here, his name is Elwar, and this is his story, The First Seastead is in the water. But it did face a lot of challenges, Thailand files complaint against Bitcoin Seasteader.

R


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December 03, 2020, 03:27:01 AM
 #12

I know and use bitcoin in mid 2017 and have experienced an increase in bitcoin at the end of 2017 which can change my life for the better, especially in the financial sector and this makes me fall in love and believe that bitcoin is the best investment and can be a source of income that promises.
and the profits I have received from bitcoin so far are countless and most importantly bitcoin has changed my life for the better, and besides that there are also many valuable lessons that I have learned in the crypto world, especially the experience in this forum which has taught me many things in the crypto world, especially bitcoin.

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kaseygriffin
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December 03, 2020, 03:36:27 AM
 #13

I've known bitcoin for about 6 years, i first heard about it like SCAM, but then by chance i started trading it and indeed it changed my life a lot. I feel very grateful to this market, because the market has not only brought me money, but also gave me knowledge and i think the first to reach this market are the lucky ones.
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December 03, 2020, 04:09:53 AM
 #14

There are not too many people have 10 years or more in the bitcoin market. Most of very early bitcoiners and forum members are rich enough to enjoy their lives. Many of them abandoned the forum and find joy somewhere else.

I don't have many years in crypto, less than 4 years but the bitcoin market is not a market for greedy and emotional people. All orders for trade or investment must be done with investigation and risk management. Without such skills and works, capital will be lost gradually and at the ends people will hate the market.

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so98nn
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December 03, 2020, 04:21:35 AM
 #15

It's roughly 5-6 years only since when I am actually into bitcoin.

I already heard about the bitcoin from series "Big Bang Theory", a comedian show that used to get aired on Netflix back in time. Literally heard it only twice or thrice and never looked back it until the news started floating around my country. We had many black money holders and suddenly it came to notice bitcoin is being used as escape route.

So the thing is, I have entered bitcoin at the time when it was already at it's peak and most of the people were rich by then.

But surely, up until now the role of bitcoin in my life has been tremendously supportive considering the financial needs of me or family.

I never greed for richness, but just small chunks now and then so as to give extra backbone to finances and I think it's going pretty well with bitcoin.
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December 03, 2020, 04:30:44 AM
 #16

There are not too many people have 10 years or more in the bitcoin market. Most of very early bitcoiners and forum members are rich enough to enjoy their lives. Many of them abandoned the forum and find joy somewhere else.

I don't have many years in crypto, less than 4 years but the bitcoin market is not a market for greedy and emotional people. All orders for trade or investment must be done with investigation and risk management. Without such skills and works, capital will be lost gradually and at the ends people will hate the market.

Maybe what you are saying is true, it is too rare that anyone can survive more than 10 years in the bitcoin market. but there are those that still survive and it must be admitted, we can be sure that they have devoted themselves to finding a life in bitcoin. because if there is no definite goal it can be said that they will stop themselves from boredom.

especially when from mid-2018 to the last few months bitcoin was in a sluggish state. so that many are no longer active because their income does not match their work.
is currently experiencing an increase and the possibility of many returning to join again. because this is the time the opportunity can be done. but until when? no one can predict with certainty.

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December 03, 2020, 04:37:13 AM
 #17

Maybe what you are saying is true, it is too rare that anyone can survive more than 10 years in the bitcoin market. but there are those that still survive and it must be admitted, we can be sure that they have devoted themselves to finding a life in bitcoin. because if there is no definite goal it can be said that they will stop themselves from boredom.
Being too long in the market does not a security mark for any profits from investment or tradings. There are losers and winners and the capital flow on the market are moved between losers and winners. They can survive after few years and they can get big wins or big losses sometimes but not all of them can end with a profit. Bitcoin market is risky and your greed and bad leverage orders can wash out all you achieved after years.

Quote
especially when from mid-2018 to the last few months bitcoin was in a sluggish state. so that many are no longer active because their income does not match their work.
is currently experiencing an increase and the possibility of many returning to join again. because this is the time the opportunity can be done. but until when? no one can predict with certainty.
The 2018 is a first bearish year of bitcoin after it hit all time high in late 2017. It is a boring year and I remembered the month when it fell down from strong support around $6,000 to below $4,000. It is a terrible month and worse than the crash in 2020 as a pandemic consequence.

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GeorgeJohn
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December 03, 2020, 04:51:30 AM
 #18

The possibility for we to have bitcoin till them is in doubt, it's very obvious that people that purchased bitcoin in a larger form when the price was low as far back 2010 and 2012 are very rich now, having bitcoin transactions as a source of revenue through out when it was created till now, automatically the person has turned to a billionaire if happened to get at a Larger quantity, so  been into bitcoin till 10 years definitely it will transform the life of the user if properly managed.

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celot
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December 03, 2020, 04:51:54 AM
 #19

I know not many time I success when trading of investing on cryptocurrency will give much profit and many time I loss, but I always get benefit after know with bitcoin and altcoin because I think have give me more when I try to get income with bitcoin and altcoin. I think more than five years I know with bitcoin I have get more and still have any disappointed when not selling coin after have chance with higher price, but I think will give me experience for the future how to be serious and always sell coin when get big chance on higher price. I think if some one wanna try get lucky with cryptocurrency now is the best time before late with bitcoin and altcoin have raise to higher price.

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December 03, 2020, 05:37:39 AM
 #20

10 years to come, is absolutely another 10 years full of excitement and market volatility. If we compared it today, probably a much more different situation but of manageable emotions. Having such a long time of being a part of the crypto community I believe we have enough knowledge and comforts than we have today. But there is one thing that we can't ever change, the market remains full of surprises and unpredictable. Can see and hear also people crying in vain for they lose due to hacking and scamming.

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