Bitcoin an angel in disguise also reasons to cry

[Israelgogo]

Bitcoin has expanded the world and created a smiley face on many ,bitcoin has helped make youths become rich and more productive .yet it has crashed alot of made men turning them from grace to grass,while many see reasons to merry on their cash out ,some experience sorrow..Bitcoin has help the world go cashless and also has alot of goodies to offer in as much as it also comes with regrets at the other hand.

[Coyster]

Bitcoin is not a get rich quick scheme, it is a currency that offers freedom and control to its users, is censorship resistant and has an actual utility. It was not created to make you rich per se, though due to its volatile nature and pacy development causing appreciation/depreciation in price one can speculate on the price. Having said that, if you are a speculator it is expected you do your research, cause if you do you would know Bitcoin is a long term project, and thus speculators should expect to make ROI in the long run.

yet it has crashed alot of made men turning them from grace to grass,while many see reasons to merry on their cash out ,some experience sorrow..

'Do not invest more than you can afford to lose'.

[BIT-BENDER]

Bitcoin has expanded the world and created a smiley face on many ,bitcoin has helped make youths become rich and more productive .yet it has crashed alot of made men turning them from grace to grass,while many see reasons to merry on their cash out ,some experience sorrow..Bitcoin has help the world go cashless and also has alot of goodies to offer in as much as it also comes with regrets at the other hand.

Anyone cry over bitcoin bitcoin because of the dip should go back to the drawing board, Bitcoin isn’t just any other coins it’s the king in the pyramid of top crypto-coins, so a dip in bitcoin it’s just what it is, a dip and at any time Bitcoin can catapult to even an all time high, on the contrary I believe smart investors would see this drop in prize as their own avenue to buy more Bitcoin now because definitely the price would always rise regardless of what of it is right now.

[Choose.username]

Bitcoin has expanded the world and created a smiley face on many ,bitcoin has helped make youths become rich and more productive .

it was just a lucky handful of people and very few people heard of bitcoin in its time.

Bitcoin has help the world go cashless and also has alot of goodies to offer in as much as it also comes with regrets at the other hand.

not completely like that.
of course the world still needs and uses cash as legal tender. there are still many people out there who do not know Bitcoin and for me bitcoin is more suitable as an investment alternative.

[kawetsriyanto]

Bitcoin is like a knife, has two sides, both good and bad. It depends on how you use it. You will take advantage if you know well how to use it, but it will harm us if we use it recklessly/carelessly. I'm not sure about making people rich, but Bitcoin makes people have another income source at least. On the other hand, Bitcoin can also be the cause of people becoming homeless/jobless, if they invest without sufficient knowledge or with a blindly way. In the end of the day, Bitcoin is just a medium. Good or bad the impact, depends on the user.

IMO

[Jawhead999]

Actually Bitcoin isn't helping someone financial e.g. poor become rich and vice versa, it's just a currency similar like you stored your wealth on fiat. The differences is Bitcoin is decentralized currency, faster, secure, environmental friendly and cheaper fees rather than banking system.

The first thing everyone need to understand before buy Bitcoin is buy what you can afford to lose, so if the price decrease you wouldn't regret. Keep holding, remember when Bitcoin's price hit $19K on 2017 and goes to $4K on 2018, but on 2021 Bitcoin can made new ATH above $60K.

[skarais]

Actually Bitcoin isn't helping someone financial e.g. poor become rich and vice versa, it's just a currency similar like you stored your wealth on fiat.

I don't understand why you say botcoin is the same as fiat in terms of store of value, I think I disagree with you because bitcoin is an anti-inflation currency while fiat keeps losing its value due to inflation.

Bitcoin is an investment and trading asset, so there is a possibility that investors and traders will get rich when the price becomes higher due to market volatility or vice versa. The truth is bitcoin is not a get-rich-quick scheme nor should we trust high-return investment offers.

[Darker45]

The truth of the matter is that Bitcoin doesn't make anybody cry. You can actually never go wrong with Bitcoin. It is a decentralized, immutable, censor-proof, transparent digital currency. It will always be better than fiat. So it is not Bitcoin per se that made somebody cry; it is the speculation of its price which, ironic as it may seem, is not really a part of its features. Now, since people are looking at Bitcoin's speculative price more than its features, it is inevitable that tears will fall. But there's always a solution that. Develop diamond hands.

[Jawhead999]

I don't understand why you say botcoin is the same as fiat in terms of store of value, I think I disagree with you because bitcoin is an anti-inflation currency while fiat keeps losing its value due to inflation.

Bitcoin is an investment and trading asset, so there is a possibility that investors and traders will get rich when the price becomes higher due to market volatility or vice versa. The truth is bitcoin is not a get-rich-quick scheme nor should we trust high-return investment offers.

If you got paid with fiat and save some/all in your bank, you're use your fiat to store of value even though we're already know the value will always decrease due to inflation. Some people doesn't care with that and only trust fiat, they're worried with the Bitcoin's volatility. Refers on Bitcoin's whitepaper, Bitcoin isn't an investment or trading asset, it's a currency without centralized entity. That's why I said Bitcoin doesn't make someone become rich or poor, Bitcoin isn't a free money created and distributed by a charity to poor people.

[mk4]

In as much as Bit coin as helped ,can we say it has also caused reasons for tears

It applies with markets in general. Regardless if a certain asset is literally the best asset ever to invest in, there will ALWAYS be people losing money because even the best assets don't go up in a straight line; and not to mention that there are people who trade with leverage.

[elevates]

For me it is a blessing in disguise, for those ‘who think before act’, investing in Bitcoin as others mentioned should be done wisely, after all, it is your hardened money. Nobody should be thinking of Bitcoin as really a quick Richie rich way to make you rich. So be wise before you act and before investing in Bitcoin to have no regrets later.
 
For me, it is an additional or extra source of income to have my weekends fun-filled and also help me streamline my finance over time.
Investing in Bitcoin is a good opportunity to have long-term investments to achieve your future goals, like your higher studies or having a small-scale business.

[S3300]

It's true that Bitcoin have turn some into poor people ( grace to grace) like you said but if they hold and not sell they will get even richer, you only lose if you sell your coins, those who have no experience about crypto are the ones that don't know when to take profits and when not to sell.

[taufik123]

In general not just bitcoin but all crypto assets, because people not only trade in bitcoin but many altcoins are trading assets.

Many changes occurred when crypto became a new job for millennials, but not only young millennials, parents also used it to start investing, trading and several other projects.

With rapid price fluctuations, cryptocurrencies can indeed make people rich or poor fast. This is indeed very risky, but can also be very profitable. High Risk High return.

[stompix]

I don't understand why you say botcoin is the same as fiat in terms of store of value, I think I disagree with you because bitcoin is an anti-inflation currency while fiat keeps losing its value due to inflation.

Bitcoin is anti-inflation long-term per design this doesn't mean it will absolutely keep its value no matter what.
All the coins with a limited supply are just like that, does it mean every single coin out there will keep rising in value above the inflation rate, of course not! Moreover every single day there is nearly $40 million worth of fresh BTC that are entering the market, how do you call that? 

Actually Bitcoin isn't helping someone financial e.g. poor become rich and vice versa, it's just a currency similar like you stored your wealth on fiat.

People really need to end this thing about how bitcoin will make you rich and how the poor will become at least middle class while the opposite happening to the bad rich guy we're having right now. The value of the coin will only go up if more money is entering bitcoin than what's pulled out of it, there is no way around it, and poor persons who have bout some 0.01 or 0.1 won't be able to unload those for $100k unless there is somebody with that amount ready to buy.

This whole redistribution myth that is happening because of bitcoin must end once and for all, it's tiresome.

[lovesmayfamilis]

Bitcoin has expanded the world and created a smiley face on many ,bitcoin has helped make youths become rich and more productive .yet it has crashed alot of made men turning them from grace to grass,while many see reasons to merry on their cash out ,some experience sorrow..Bitcoin has help the world go cashless and also has alot of goodies to offer in as much as it also comes with regrets at the other hand.

All your characteristics easily fit the concept of life itself. Not only Bitcoin can make people rich, and not only Bitcoin make people unhappy.
Someone believes in God, and accepts the ups and downs, calling it fate. Someone makes their life mistakes, and the person himself is also to blame. Just like someone, either taking a risk or having previously studied his business well becomes rich.
Therefore, always and everywhere, the man himself is the builder of his victories and defeats. And also while gaining experience, it is necessary to understand that any lesson received from different situations, we must correctly accept, and not blame the events accompanying us. We and only we do everything that happens to us in life.

[skarais]

If you got paid with fiat and save some/all in your bank, you're use your fiat to store of value even though we're already know the value will always decrease due to inflation. Some people doesn't care with that and only trust fiat, they're worried with the Bitcoin's volatility.

It is undeniable because bitcoin was not created to be accepted by everyone, but there are always people who believe bitcoin is still better than fiat from the beginning to the future. Regardless if some people don't believe it then I believe bitcoin has a very strong community right now to hope the government implements it as a legal tender although it won't be an anti-inflation asset forever.

Bitcoin is anti-inflation long-term per design this doesn't mean it will absolutely keep its value no matter what.
All the coins with a limited supply are just like that, does it mean every single coin out there will keep rising in value above the inflation rate, of course not! Moreover every single day there is nearly $40 million worth of fresh BTC that are entering the market, how do you call that? 

I know bitcoin will not forever be anti-inflation mainly because bitcoin is very dependent on society and its users. To keep it valuable, there has to be money coming in and going out (demand and supply), but even when some people just use it as an excuse to make a profit, the fact is that increasing adoption has made it a better store of value for any of the known currencies with anti-inflation so far.

[hugeblack]

Most sad stories are caused by drifting after emotion, listening to wrong analyzes, not doing enough research, rushing, unthoughtful investing, and trying to get rich quickly.

In general, they are all related to investing in the green side and not holding those currencies for long periods.
If someone keeps the currencies for a long time, he will not achieve real losses.
In general, when you learn from your mistakes, you have not lost anything, the money goes and comes back.

[hatshepsut93]

Only people who have panic sold have lost money. Perhaps many investors had to suffer an unrealized loss if they bought during a bull run and then held through a bear market, and it could be very stressful for retail investors, but if they waited 2+ years, they already got unrealized profit.

If you want to highlight how Bitcoin could have been negative for someone, consider that there have been hacks and scams in Bitcoin ecosystem, so some people lost their hard-earned coins if they fell victim of such things.

[Asiska02]

Bitcoin has great impact on people’s lives negatively and positively. The fact that one does not achieve there proclaimed aim after joining bitcoin does not make it bad for all. People see it differently and have various views about it. This is not a get rich scheme, you’ve to understand how the market is before you take an action. Either ways, bitcoin has done more good than bad in the society today.

[suzanne5223]

Bitcoin has expanded the world and created a smiley face on many ,bitcoin has helped make youths become rich and more productive .yet it has crashed alot of made men turning them from grace to grass,while many see reasons to merry on their cash out ,some experience sorrow..Bitcoin has help the world go cashless and also has alot of goodies to offer in as much as it also comes with regrets at the other hand.

I believe people having the impression that Bitcoin is a quick to the rich scheme was the reason why people crypto investors who invested in Bitcoin are in the stage of grace to grass because the more an investor has knowledge about cryptocurrency investment the more she will make a profit through her investment.
I think newbies investor need to wake up to the fact everything that comes or presents a great opportunity will also present a great risk.