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Author Topic: How bitcoin has improved my life  (Read 423 times)
Spacebar96 (OP)
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December 04, 2022, 10:20:01 PM
 #1

In the middle of 2015, I first learned about bitcoin. My first thought was basically, "It's a fraud!" and I ignores it. I clearly recall thinking that cryptocurrency (Bitcoin) was a Ponzi scheme in 2015 when a buddy first introduced it to me. So, one day when I was browsing YouTube, I came across a video that was clearly explaining the idea of Bitcoin and the Blockchain network. Wow, this is wonderful, I thought. I went online to obtain more resources to help me since I was intrigued and found the use of Bitcoin to be increasingly fascinating. Now that I know more about how it operates, I'm thinking about investing in it. I ponder getting a loan from the bank even though I don't have enough cash on hand, but I later decide that's not the wisest course of action, due to the danger involved in an uncertain situation. I went and told my uncle about Bitcoin. I informed him that this was a new method of generating income. He was first reluctant to invest in it, but I persisted and even made a pledge to accept responsibility for whatever transpired. Life is all about taking risks, he added, so I wasn't worried about losing it all. I simply wanted to give it a shot. He offered me a sizable sum of money to put in Bitcoin while the price was low, but when it skyrocketed, I thought about selling it out so we could profit greatly from it. I've been a millionaire since 2015, and my uncle is too.
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December 04, 2022, 11:33:00 PM
Merited by stompix (2)
 #2

A millionaire who loves bounty hunting. I don’t fancy taking loans to buy bitcoin, you took a lot of risk financially and reputation wise, if you can’t afford it or buy from your own pocket then you shouldn’t. There are rare cases where taking such risks are rewarded like your story. Rest assured this is only a good story because it has a happy ending where both investors made profits. Anything other than that I’m sure you will be singing a different tone.
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December 05, 2022, 01:18:07 AM
 #3

In the middle of 2015, I first learned about bitcoin. My first thought was basically, "It's a fraud!" and I ignores it. I clearly recall thinking that cryptocurrency (Bitcoin) was a Ponzi scheme in 2015 when a buddy first introduced it to me. So, one day when I was browsing YouTube, I came across a video that was clearly explaining the idea of Bitcoin and the Blockchain network. Wow, this is wonderful, I thought. I went online to obtain more resources to help me since I was intrigued and found the use of Bitcoin to be increasingly fascinating. Now that I know more about how it operates, I'm thinking about investing in it. I ponder getting a loan from the bank even though I don't have enough cash on hand, but I later decide that's not the wisest course of action, due to the danger involved in an uncertain situation. I went and told my uncle about Bitcoin. I informed him that this was a new method of generating income. He was first reluctant to invest in it, but I persisted and even made a pledge to accept responsibility for whatever transpired. Life is all about taking risks, he added, so I wasn't worried about losing it all. I simply wanted to give it a shot. He offered me a sizable sum of money to put in Bitcoin while the price was low, but when it skyrocketed, I thought about selling it out so we could profit greatly from it. I've been a millionaire since 2015, and my uncle is too.
There are times when taking a risk is okay, but for some, it's not, it so happens that you have an uncle who is willing to take the risk, to lend you funds, that is a big opportunity for you, hoping that you spend the money correctly since if you are still into investing these days even the legit coins can go to zero real quick, we have an opportunity since 2016, but because my salary is just enough for my daily needs, I am not able to invest, my friends told me its a scam so, I'm not able to share it with others since I don't want any issues when bad things happen.

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December 05, 2022, 04:32:41 AM
Merited by stompix (2), DdmrDdmr (2)
 #4

I've been a millionaire since 2015, and my uncle is too.
What did you do on your million? Im assuming its on $ right, but when I checked your profile history it seems that you are still doing bounty hunting for tokens. This is quite weird instead of doing that might learn on trading or put some of that cash on business instead. Thats a lot of money already to do free hunting tokens.

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December 05, 2022, 05:42:22 AM
 #5

I don't think investing in bitcoin can be technically called "income", knowing that it doesn't even give you any cashflow at all. You technically only earn once you sell it.

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December 05, 2022, 06:32:21 AM
 #6

Taking a loan is not recommended because Bitcoin investment involves very high risk; rather, you invest your personal money; however, as you stated, it ends up being good for your investment; I hope you make good use of the money.
Looking at your profile, I see that you are involved in Bounties in the altcoin section of this forum, which are mostly worthless as they are almost all scams these days. I believe it is better to use your money and invest in Bitcoin rather than focusing on Bounty campaigns.

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December 05, 2022, 08:25:23 AM
Merited by DdmrDdmr (2)
 #7

Dude, you are a good dreamer. A millionaire who participates in most bounty companies. Does it happen? Or are you a millionaire desperate for merit because the bounty conditions will not allow you to participate because there is no merit? And the millionaire has no money to buy a copper member. Angry
However, your fantasies about your uncle and the contributions that you forced him to make have a lot of substance. You cannot confidently guarantee a profit, and the considerable amount your uncle gave you can turn into nothing if you do not know how to store it. As you expressed in earlier posts, you don't need a good wallet.
Come up with another topic to earn merit.

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December 05, 2022, 03:47:56 PM
 #8

In the middle of 2015, I first learned about bitcoin. My first thought was basically, "It's a fraud!" and I ignores it. I clearly recall thinking that cryptocurrency (Bitcoin) was a Ponzi scheme in 2015 when a buddy first introduced it to me. So, one day when I was browsing YouTube, I came across a video that was clearly explaining the idea of Bitcoin and the Blockchain network. Wow, this is wonderful, I thought. I went online to obtain more resources to help me since I was intrigued and found the use of Bitcoin to be increasingly fascinating. Now that I know more about how it operates, I'm thinking about investing in it. I ponder getting a loan from the bank even though I don't have enough cash on hand, but I later decide that's not the wisest course of action, due to the danger involved in an uncertain situation. I went and told my uncle about Bitcoin. I informed him that this was a new method of generating income. He was first reluctant to invest in it, but I persisted and even made a pledge to accept responsibility for whatever transpired. Life is all about taking risks, he added, so I wasn't worried about losing it all. I simply wanted to give it a shot. He offered me a sizable sum of money to put in Bitcoin while the price was low, but when it skyrocketed, I thought about selling it out so we could profit greatly from it. I've been a millionaire since 2015, and my uncle is too.


I can feel your sadness when you woke up and discovered it was only a beautiful dream.
Come on man 90% of your post history is formed by applications in bounties; you didn't even bother creating a brand new account to spread your wet dreams.

Anyway wouldn't suggest anyone borrowing money to invest in crypto... maybe am too much risk averse .

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December 05, 2022, 07:00:12 PM
Last edit: December 05, 2022, 07:40:45 PM by Die_empty
 #9

OP you and your uncle are some of the few persons that believed in bitcoin when many saw it as worthless. I will say you guys were brave and also lucky. I didn't have such opportunity in 2015 because many people have been scammed in my area using bitcoin investment which made me to loose interest in the sector. I would not say I am late because the bitcoin still has the same opportunity it had in 2015. I am very glad that I am now part of this great movement.  

Taking a loan is not recommended because Bitcoin investment involves very high risk; rather, you invest your personal money; however, as you stated, it ends up being good for your investment; I hope you make good use of the money.
Looking at your profile, I see that you are involved in Bounties in the altcoin section of this forum, which are mostly worthless as they are almost all scams these days. I believe it is better to use your money and invest in Bitcoin rather than focusing on Bounty campaigns.
If he had said he became a millionaire after selling the bitcoin he owned, I would have assumed that maybe he has invested the money in other sectors such as real estate or he lost the money. But he said he is still a millionaire till date. It might be possible that he is fond of bounty hunting or he sees it as a hobby.

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December 05, 2022, 07:14:07 PM
 #10

...
I simply wanted to give it a shot. He offered me a sizable sum of money to put in Bitcoin while the price was low, but when it skyrocketed, I thought about selling it out so we could profit greatly from it. I've been a millionaire since 2015, and my uncle is too.

indeed the key to success for many investors is to play with risk, but if you are ready for all the risks that you might get then just do it (buy bitcoin with your money or in any other way that you think you can still handle).
michael saylor and also nayib bukele (president of el salvador) have taken a big risk to invest in bitcoin, they have nothing to lose as long as they don't sell at a loss. they believe in the future of bitcoin and the profits they will get if they become #diamond hands.



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December 05, 2022, 07:40:44 PM
 #11

You are a million but still a bounty hunter, I just went through your post history and all what I saw was just bounty proof of authentication, you started making post in other sections on 4th of December which was yesterday. I don't think a millionaira will still be hunting for bounty, I can't just imagine myself to be a millionaira and still be wasting my time on bounty that pay shit coins that don't really worth anything.
I don't really know how true your story is but it will be kind of hard for me to believe. From your post history that I just checked I don't really think you are a millionaira, or maybe you think bounty those not really pay any longer and you are looking for way to get some merits so that you can join signature campaign.

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December 05, 2022, 09:14:39 PM
 #12

I went and told my uncle about Bitcoin. I informed him that this was a new method of generating income. He was first reluctant to invest in it, but I persisted and even made a pledge to accept responsibility for whatever transpired. Life is all about taking risks, he added, so I wasn't worried about losing it all.

you made millions with the attitude that bitcoin is a method of generating income, Yes of course.
I don't see why you are not taken seriously, this story of yours deserves some merit, doesn't it? Wasn't earning merit the primary reason for writing this fairy tale?

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gantez
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December 05, 2022, 10:36:45 PM
 #13

Your story look like something is missing there and it is not genuine. Sure to say that investing in 2005 is at the time bitcoin is cheap and should be big profit this time, no doubt so what is the post reason? You didn't tell how many bitcoins you invest at the time and if you are hodling what percentage till now? This all making rounds of question regarding your post.
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December 06, 2022, 02:47:29 AM
 #14

Great story, with a good beginning and an even better ending. You claim to be a millionaire because of your bitcoin investment in 2015, but many forum users claim you're involved in bounties. Instead of hunting for a few bucks from bounties, why not put the money you already earned from your investment into something worthwhile to generate consistent cash flow? Look for a financial advisor to walk you through how to use your money wisely in order to avoid the many risks that come with business and investing (that’s actually if you’re a millionaire that you claimed to be).

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December 06, 2022, 03:23:51 AM
 #15

Sure to say that investing in 2005 is at the time bitcoin is cheap and should be big profit this time
Bitcoin did not even exist in 2005.

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If you invested in 2015, I can only guess you became a millionaire at least one year later when Bitcoin price started moving upwards a lot.  Not in 2015.  Unless you invested half to a million dollars to begin with.

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PrivacyG

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December 06, 2022, 12:22:36 PM
 #16

Great story, with a good beginning and an even better ending. You claim to be a millionaire because of your bitcoin investment in 2015, but many forum users claim you're involved in bounties. Instead of hunting for a few bucks from bounties, why not put the money you already earned from your investment into something worthwhile to generate consistent cash flow? Look for a financial advisor to walk you through how to use your money wisely in order to avoid the many risks that come with business and investing (that’s actually if you’re a millionaire that you claimed to be).
yes, I saw the post history of the OP's account. with what he is doing now, is he still a rich man like in the story? or maybe the profits from the investment he and his uncle made have been used up in the casino or futures trading  Cheesy
I'm sure the story is just a hoax.

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December 06, 2022, 01:40:29 PM
 #17

I'm sure the story is just a hoax.
Why did you have to fabricate a story to come impress us with. You have a great topic already; you should have just asked us to share different ways that learning about bitcoins has improved our lives. In my own way, learning about bitcoins has greatly increased my interest in online things. I now pay more attention to topics about tech, innovations and improvement in technology. I was not like this before; I recognize that knowing about bitcoins is what I can hold responsible for this new interest.

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December 06, 2022, 02:34:24 PM
 #18

....I went and told my uncle about Bitcoin. I informed him that this was a new method of generating income. He was first reluctant to invest in it, but I persisted and even made a pledge to accept responsibility for whatever transpired. Life is all about taking risks, he added, so I wasn't worried about losing it all. I simply wanted to give it a shot. He offered me a sizable sum of money to put in Bitcoin while the price was low, but when it skyrocketed, I thought about selling it out so we could profit greatly from it. I've been a millionaire since 2015, and my uncle is too.

2011 to 2016 are probably the best years to get into Bitcoin this is the year that Bitcoin is struggling for adoption and those who adopted it first learn how it works read the whitepaper and try it to themselves how this new concept of decentralization works, decentralization and peer to peer transactions without a third party is something new to all of us and those who fully understand and believe in the vision of Satoshis Nakamoto adopt on it invest it and promote, those who invested in that golden years, like you are already living a good life.

Bitcoin's price prediction is it will go to $1 million, so it is not yet late to believe in it and continue investing there will be a lot of obstacles because there are so many bad actors and centralized projects like exchanges are ruling the industry but the eco system is changing soon we will have a real decentralized peer to peer projects based on Nakamoto's idea.

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December 06, 2022, 03:02:26 PM
 #19

Your story is interesting to hear because i respect your teo decision made, first was when you decided not to lend money to invest and the second thing is the fact that you don't join bitcoin alone but you introduced your uncle as well to invest, i agree that it may take some gruesome efforts to get someone convinced to have his asset on a volatile digital currency like bitcoin but just as your story ended with good and happy after, I'd thought about it also that if you had hodl since 2015 to the $68k all time high and what your investment could have amount to, this will be a lesson to many to invest in bitcoin and hodl if possible for some time.
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December 06, 2022, 03:15:11 PM
 #20

~snip~Bitcoin's price prediction is it will go to $1 million, so it is not yet late to believe in it and continue investing there will be a lot of obstacles because there are so many bad actors and centralized projects like exchanges are ruling the industry but the eco system is changing soon we will have a real decentralized peer to peer projects based on Nakamoto's idea.

LOL you have to be realistic enough about the price of bitcoin reaching $1 million, I would even say that Bitcoin can also go up to $100 million, but who knows how many years. don't think too much about the target which is still very far away, just hoping that bitcoin can reach the latest ATH at $ 100k is already a good target. Regarding bad and good actors in the crypto market, they are just manipulators who can only influence prices but not completely because bitcoin cannot be regulated by anyone. enjoy the ride with bitcoins buy now and hold on to new ATH targets, that will be enough and Bitcoin will improve the lives of all of us.

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