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Author Topic: 6 real-life lessons I learnt from Bitcoin (No 6 will amaze you👇)  (Read 322 times)
hatshepsut93
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May 05, 2022, 11:12:11 PM
 #21

3. LOCATION CAN NEVER BE A BARRIER:

Because I could remember far back when sending money to family and friends across borders was seen as something impossible or expensive, through the use of middlemen who charges high, but bitcoin came and saved us the stress and time breaking the barrier of location.



4. THE REJECTED CAN BE SOMEDAY VALUED:

Because I am sure far back in 2010, there must have been people who knew about Bitcoin mining but because they never saw the immediate value in it back then, neglected it and today are regretting it. So it's always good to value every little opportunity that comes your way because nobody knows tomorrow.



5. SUCCESS TAKES TIME:

Because success always comes to those who are diligent and consistent in whatever they do, because we all know that BTC started with a value from $0.0000001 to $0.1 and $1 and now $45,000 gradually within a period of 13years, Which means that to succeed in life it takes time and consistency.



There can be situations when location is a barrier that can't be bypassed. Like, for example, you live in a country that is heavily sanctioned, and lots of opportunities are closed to you, no matter how hard you try.

This is a dangerous "lesson", because it can lead you to investing in very questionable assets, just because you think that they may repeat the growth of Bitcoin. This is exactly what scammers are hoping you to think.

As for time, time alone doesn't guarantee that an asset will grow. It can also lose value with time, like it often happens with altcoins on a scale of 3-7 years.
Oceat
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May 05, 2022, 11:27:50 PM
 #22

This seems like a good advice that is applicable in life too and not that really common to some people but once you practice this you will live peacefully while having some investment that no one knows it's just only you. Thanks to the community for supporting the innovative invention of Satoshi it did make the market alive after some time. Lucky people who are first investors and we call them now as the whale.

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Markinzo
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May 06, 2022, 07:30:09 AM
Merited by Pmalek (1), Queentoshi (1)
 #23

Patience, Time and a good level of secrecy are all good tools to being a successful business man.
One needs to bridle his overture so as to let his results speak for him than exposing his plans when the results have yet been made.

As for time, it's a good asset for value, in other words, time is a determinant of value for anything and Bitcoin as the OP rightly said is one of such thing that have gained such value with time when compared to some 20 years ago.

Moreso, every bitcoin holder should learn the art of patience, it's a good veritable tool in this business irrespective of your knowledge about cryptocurrency you just won't go far in success with lack of patience.

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