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Author Topic: Bitcoin Saved Me.  (Read 990 times)
buwaytress
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March 23, 2022, 02:25:22 PM
 #21

Agree that Bitcoin is the way forward, but disagree that trading is. Only need to Google statistics on any kind of trading to see that majority of traders lose money. You're in an immediate loss position the moment you open a trade (spreads, commissions, fees) so technically, you need to clear a small profit to break even. In a bull run, it's easy to make profits too but difficult to identify when rallies are over. Recognising that it was fortune/luck instead of pure skill in trading helps ground you also.

Bitcoin's certainly helped me a lot in many ways. Alternative form of payment number one and I can't imagine where I'd be as a freelancer still fiddling with the arbitrariness of PayPal and other methods. Increase in dollar value long term is also great -- had to liquidate something significant over a year ago to give me purchasing power I would never have had saving in fiat.

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March 23, 2022, 09:04:11 PM
 #22

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.

Indeed, bitcoin is our salvation. I have often encountered stories on this forum of various people who, thanks to bitcoin, have solved their financial problems or found new opportunities in their lives. Bitcoin not only gives you financial freedom to manage your money, but also helps you develop and grow personally. If you use your coins correctly and don't invest them in different dubious ventures like trading or gambling, you will be profitable in any case. Bitcoin is synonymous with prosperity.

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March 23, 2022, 09:45:46 PM
 #23

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.
Good for you since not all would really be ending up on the same faith when it comes to recovery of losses thats why people do still continue on dealing up with trading or even with gambling just to break even or take

their losses back thats why it is really mixed with some sort of luck speaking with this.We are here to make more profits for at least we do able to sustain ourselves and benefit out for long term.

Dont really just make yourself to be greedy and be aware on certain risk and danger when you are really making yourself way too careless and dont mind about those losing probabilities.

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March 23, 2022, 10:24:24 PM
 #24

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.

I went to the casino, played roulette, won, and that brought smiles to my face.

In a more serious way, what you describe has nothing to do with the title of the thread. Bitcoin has not saved you because you are trading shitcoins, apart from Bitcoins. What has saved you, for the moment, is having been lucky with the trades you have made.

Maybe it turns out that you are especially talented for that but keep in mind that more than 90% of traders lose money in the long run.

I hope that if you lose all your money tomorrow trading shitcoins, apart from Bitcoin, you won't blame Bitcoin for this.
I am reading the post of @GiftedMan in the same way, I mean I always love to read a success story in the forum, however when the success is based on nothing but good luck then we know this is not going to last, and we know this is the case because since he got some early success trading shitcoins then he is going to keep doing it, which means that sooner or later he will not be as lucky and then he will lose the rest of his capital and will blame everyone else for his losses except the one that was directly responsible for them, which is himself.
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March 23, 2022, 10:46:55 PM
 #25

Trading is not end with one trade.Nearly 90 percentage of traders will lose their entire investment of their first few traders.Even it may be 1000 or 2000 dollars. So I suggested the new traders to inverse with 50-100$ as they investment to learn trading instead of 1k- 2k dollars.When you feel, you are enough to trade with knowledge. Then you can increase the investment in cryptocurrency like bitcoin.



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March 23, 2022, 10:54:09 PM
 #26

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.
Congratulations and that's good to see that you've made with trading.

Not everyone who's new to crypto and trading would have the same results as you. Just keep going and if you're making a lot of money right now, if there are relative of yours that wants to know how to trade.

Teach them and share the good vibes and knowledge that you've learned with your trading experiences. So that they'll also be saved just as you.

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March 23, 2022, 11:24:28 PM
 #27

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.

It sounds like you are somehow talented on trading. Who is your mentor by the way? Is he a professional or are you just getting signals from groups all the time? It was the case for me back then and if it is yours too you better be stopping or else you will be losing money again. Also in crypto it's more hurtful when you in lose, it's bigtime losing and an instant one too.

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March 23, 2022, 11:49:35 PM
 #28

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.

It sounds like you are somehow talented on trading. Who is your mentor by the way? Is he a professional or are you just getting signals from groups all the time? It was the case for me back then and if it is yours too you better be stopping or else you will be losing money again. Also in crypto it's more hurtful when you in lose, it's bigtime losing and an instant one too.

since he is talking only about bitcoin, he can very well observe the market and start small. but great to know that the OP got his profits from his money. he already started small because the amount he mentioned is about 5 bucks if i'm not mistaken. for traders, that's very small. but he manages to make it 3x which he can further use in his trading. as you said, he needs to be careful as one wrong move, his profits will be gone. there's no need for a mentor i believe if you are talking about small money as you have nothing to offer, so i guess, he worked it on his own.

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March 24, 2022, 03:36:25 AM
 #29

To my surprise, following the guide I was given and with consistency
What guide did you followed? Is it just the experience that you've gained or there's something that guided you until you've recovered? It's delightful to see people doing well in trading.
Because in reality, when you go around the forum, you might see people that are getting rekt by their own decision to trade. And that's why if you're making your trades well, it's really a sign that you're doing well and improving unlike others.

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March 24, 2022, 12:38:20 PM
 #30

how does op get his money back after trading in bitcoin or altcoin too, as a newcomer here is very lucky because many of the others are not as lucky as the OP, maybe op already has experience in the trading world other than crypto so his mental and analysis is quite strong
I also feel very helpful here in the economic field and I also thank my friends who have introduced them to the bitcointalk forum because here I also know a lot about investing, trading and looking for work according to my talents.

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March 24, 2022, 12:53:28 PM
 #31

Good to know that bitcoin saved your lost money and it's good news to have you in the crypto space making profits on your trades. Just keep away from your emotions on making trades because it will be the first factor that will eat you alive if you are not careful.
Well not really that bitcoin save ops life but trading did which can be in any coins since there is the possibility of making a profit from any coin even shitcoin can give you profits if it is traded rightly. But the good part of this thread is ops was able to recover and doing well now from cryptocurrency trading.

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March 24, 2022, 01:39:03 PM
 #32

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.
I'm glad it worked out, but op, you need to be careful. If investments don't work out for you, maybe don't do them too much. Remember the golden rule: ONLY invest what you can afford to lose. If it's something critical, something you need for survival, don't invest that. Losing money on crypto trading is also a very real thing that can happen to anyone. So you must have another source of income, some sort of job for which you at least get enough to make the ends meet. If you have extra, investing, trading, gambling is probably fine, but all that risk shouldn't put you and your family at serious risk. Good luck!

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March 24, 2022, 02:54:08 PM
 #33

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.
very good because indeed bitcoin is a good one and maybe you feel it and not only you but maybe even almost everyone who is here has the same pleasure with this but I don't really understand when you associate shitcoin in this and on the other hand in this case maybe I will straighten out a little bit Bitcoin is part of Crypto but Crypto is not just about bitcoin only

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March 24, 2022, 04:00:02 PM
 #34

I'm sure many people have benefited from bitcoin, and they didn't stop until now because they want to get more benefits from bitcoin. As long as they can stay focused on finding the benefits of crypto, they will get it. But what they need to remember is that investing in crypto requires patience and consistency because, with price fluctuations that are constantly changing, they can't always expect the price to be high.

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March 24, 2022, 08:22:05 PM
 #35

To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had.
This not true as 2000 NGN i just $3.4 with the selling rate at Binance #584 and believe many exchangers has set limitation of trading, mostly Binance is $10+ so i don't know how one can trade with 3.4 and become that rich or successful. I can easily be convinced by buying and hold maybe you started with just NGN 2000 as the case maybe, you kept on topping the BTC in your wallet before the price break out. yeah this is a genuine reason.
Was there a specific year mentioned in my write up? Maye be if you go through the write up again you will understand better that am talking about my experience.
Why there's no year? If you can only add more details in your post maybe some of us here won't keep on guessing if how you actually did it but since you haven't supplied it yet my guess is you invested in btc using that amount and you let it grows till it's enough to trade on exchanges and trading is where you made most of your profits.

You have lost before you discovered btc but that can be a blessing of disguise because it allows you to find ways on how to recover it but you haven't expected that btc can give you more than just a recovery. Btc is truly amazing. Your story is inspiring and there is a lesson to get here, that is we should not give up easily.

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March 24, 2022, 08:40:17 PM
 #36

to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.

I actually started bitcoin investment after loosing money to ponzi scheme in 2017. I started with Genesis mining, after a while, they couldn't pay again because difficulty level in mining bitcoin has over increased but I made my capital more than 5x because same year, the price of bitcoin went to ATH. You said you started trading with N,2000, may I know the year? This  money can only buy shitcoin and not bitcoin that is about $3.44 as at today.
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March 25, 2022, 05:58:49 AM
 #37

To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had.


This not true as 2000 NGN i just $3.4 with the selling rate at Binance #584 and believe many exchangers has set limitation of trading, mostly Binance is $10+ so i don't know how one can trade with 3.4 and become that rich or successful. I can easily be convinced by buying and hold maybe you started with just NGN 2000 as the case maybe, you kept on topping the BTC in your wallet before the price break out. yeah, this is a genuine reason.
I don't normally use Binance for trading since it is centralized and I don't have the private key to the wallet, I rather go on decentralized exchange for my trading so I am careless of the minimum trading amount.

But there is a big chance of the story being fake and just made to get attention since $3 is too low to be traded in most exchange and binance as a centralized exchange with fees and taxes $3.4 is probably not possible to trade with.
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March 25, 2022, 07:02:48 AM
 #38

To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had.


This not true as 2000 NGN i just $3.4 with the selling rate at Binance #584 and believe many exchangers has set limitation of trading, mostly Binance is $10+ so i don't know how one can trade with 3.4 and become that rich or successful. I can easily be convinced by buying and hold maybe you started with just NGN 2000 as the case maybe, you kept on topping the BTC in your wallet before the price break out. yeah, this is a genuine reason.
I don't normally use Binance for trading since it is centralized and I don't have the private key to the wallet, I rather go on decentralized exchange for my trading so I am careless of the minimum trading amount.

But there is a big chance of the story being fake and just made to get attention since $3 is too low to be traded in most exchange and binance as a centralized exchange with fees and taxes $3.4 is probably not possible to trade with.

Actually Binance doesn't need a private key to be traded with is a Centralized exchange were you transfer your coin and token into . OP already Said the fact in the previous statement which is too sad to be true.

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March 25, 2022, 08:31:43 AM
 #39

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.
your chance has come in right timing and opportunity knocks on your door, and also with your knowledge and dedication you succeed, congratulations to your achievements and hope to see more from you as your Journey in crypto is just started and there are more to come in the future, also hope that you will find not only in bitcoin but  also in altcoins as they are profitable as well and i have been there for long time now,

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March 25, 2022, 09:35:10 AM
 #40

After I lost my money on different investments, I was devasted but was introduced to crypto. I had no money but somehow I learnt a little on how to trade on Bitcoin. To my surprise, the little I learnt, I decided to start with 2,000NGN as that was all I had. To my surprise, following the guide I was given and with consistency, I started making profit from my trades and that brought smiles to my face. With Bitcoin, I have been able to recover thrice the money I lost to investments. Crypto (Bitcoin) is the way forward.
It is not easy to acquire 3x of your capital in bitcoin,  I guess your trading took place before this time when bitcoin was up to 60k for you to get such nice profit. It is all nice to hear you starting from small as a beginner to practice what you learnt from trading, bitcoin has changed so many people life who have been consistent and focused in it. Your profit have put smile on your face, I will also tell you to be strong and courageous when you see bitcoin goes dip because in times like that it is actually telling you that you will smile again.

R


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