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Author Topic: bitcoin helps the economy of all circles  (Read 825 times)
Ebede
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January 30, 2023, 11:35:56 PM
 #61

I can see from the subject of what you are saying so far that Bitcoin cannot help me call my queue of all cycles it help the economy of people who values in the society but on this particular place I don't think that you can help system so not everybody can agree in this particular point

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February 03, 2023, 12:41:40 AM
 #62

Bitcoin is for everyone. In the past I've seen people using credit cards, and those are days when it can be used only by the rich. Now it have turned to be common. With bitcoin there is no discrimination, every level of people were able to use it according to the ability. Once bitcoin was affordable for everyone and slowly things have changed as the price have reached the peak. Even now people able to buy as it has the lowered denomination makes it an easy choice for every level of people. It is true that bitcoin is people's money.


yes, and in my place there are also many people who can be called poor, but now many are investing in bitcoin and investing in bitcoin, the important thing is to have a cell phone and have a little money, but you can already invest in bitcoin, for example, with 11 dollars our can also invest in bitcoins. so bitcoin is proven to help many people.

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February 03, 2023, 03:15:09 PM
 #63

Bitcoin has been a helping hand to the economy, mostly to the people that learned how to invest in it, Bitcoin has an income tool that has eradicated poverty majorly in the society, Bitcoin is something any one that wishes to invest can invest at ease, there's no age or ethnic discrimination as long as you have the capability.
 In the case of investing In Bitcoin and following the directives of members that have more knowledge than you, then you will have 80% chances of making profits than loses,

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August 03, 2023, 01:11:25 PM
 #64

I was reading to see how bitcoin has improved your finances but you failed to share your personal experience. I have my stories of how lucky I am to have bought bitcoin early and I’m sure there are many others here who have benefited from buying bitcoin. But these are personal experiences and those doesn’t affect the economy on a national scale. El Salvador was the first country to accept bitcoin as a legal tender and so far President Bukele has done a lot to promote bitcoin awareness in the nation, how has their economy improved since then?

oh, yes, it was indeed my mistake not to discuss my investment, but of course I dare to say that because honestly I feel the benefits of investing in btc, that is, I get profits, but I think not posting what I get from btc is also not a problem because sometimes I also want to be anonymous but of course you can check my post back when I bought btc when the price was low and until now I still hold it. and if I sell btc now of course I will make a profit.

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August 03, 2023, 02:53:28 PM
 #65

Yes and yes, I must conclude. I started my BTC journey at a time when some of my friends where learning how to trade. I just tagged along and was interested in every discussion that concerns it.
I wouldn't say I am among those who has fancied remote work more, but it was as the covid 19 era proved that it is possible to actually work from home, that the BTC revelation began.
I am still trying to upgrade my knowledge on trading, but with the little knowledge I have, I have been able to setup myself without any reliance on anyone for money or food.
I can easily make transaction with oversea clients and am confident my goods gets to my door step because the decentralized network has more than created a trust system, that I can do business with whom I don't know.

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August 03, 2023, 09:36:42 PM
 #66

Yes and yes, I must conclude. I started my BTC journey at a time when some of my friends where learning how to trade. I just tagged along and was interested in every discussion that concerns it.
I wouldn't say I am among those who has fancied remote work more, but it was as the covid 19 era proved that it is possible to actually work from home, that the BTC revelation began.
I am still trying to upgrade my knowledge on trading, but with the little knowledge I have, I have been able to setup myself without any reliance on anyone for money or food.
I can easily make transaction with oversea clients and am confident my goods gets to my door step because the decentralized network has more than created a trust system, that I can do business with whom I don't know.

I believe a lot of people truly appreciate the presence of crypto market in general not only bitcoin during the pandemic period.
As people were stuck in their homes, they were looking for options on how to earn something to survive.
Hence, some people discovered the world of crypto, and started their journey during this challenging period.
But in my case, my journey was way way back and this market actually helped me in so many ways, not only earning some additional income, but I learned a lot about this technology, from compiling wallets, mining, staking to trading, and a lot more. I have a lot to thank this market.
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August 03, 2023, 10:23:52 PM
 #67

Yes and yes, I must conclude. I started my BTC journey at a time when some of my friends where learning how to trade. I just tagged along and was interested in every discussion that concerns it.
I wouldn't say I am among those who has fancied remote work more, but it was as the covid 19 era proved that it is possible to actually work from home, that the BTC revelation began.
I am still trying to upgrade my knowledge on trading, but with the little knowledge I have, I have been able to setup myself without any reliance on anyone for money or food.
I can easily make transaction with oversea clients and am confident my goods gets to my door step because the decentralized network has more than created a trust system, that I can do business with whom I don't know.

I believe a lot of people truly appreciate the presence of crypto market in general not only bitcoin during the pandemic period.
As people were stuck in their homes, they were looking for options on how to earn something to survive.
Hence, some people discovered the world of crypto, and started their journey during this challenging period.
But in my case, my journey was way way back and this market actually helped me in so many ways, not only earning some additional income, but I learned a lot about this technology, from compiling wallets, mining, staking to trading, and a lot more. I have a lot to thank this market.

Yeah, lots of people who are into crypto are able to went through on the pandemic without much troubles because of the opportunity it brings without any personal interaction.  I am one of those people who personaly experience the wonders of cryptocurrency when the government restrict people from personal contacts.

While my neighbors are struggling with their daily needs since many of them are trapped in their home restricted and cannot be able to earn because of the current situation, my participation with cryptocurrency enable me to sustain our family need until the restrictions are lifted.

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August 04, 2023, 01:06:02 AM
 #68

Bitcoin was help me a lot, not only make me rich but also ease me in online transaction. I never lose in bitcoin investment, actually no one will lose in bitcoin investment as long as only sell in higher price. I always plan a strategy before investing, I make sure that I will not disturb my bitcoin investment so I always have saving in form of fiat. I divide my fund into 3 parts, first part is for investment, second part is for saving, third part is for business.

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August 04, 2023, 02:33:30 AM
 #69

Bitcoin unifies global society by bypassing the economic divisions created by different currencies. Bitcoin takes away sovereign power to issue currency, invalidates economic policy, and weakens the bond between citizens and governments. Billions of adults remain unbanked, most of them living in developing countries. As the price rises, people will increasingly turn to Bitcoin to conserve their purchasing power. This demand will drive up the price of Bitcoin. In a world of increasing inflation, investing in Bitcoin is becoming more attractive. Bitcoin can help bridge this gap.

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August 04, 2023, 03:09:23 AM
 #70

Bitcoin was help me a lot, not only make me rich but also ease me in online transaction. I never lose in bitcoin investment, actually no one will lose in bitcoin investment as long as only sell in higher price. I always plan a strategy before investing, I make sure that I will not disturb my bitcoin investment so I always have saving in form of fiat. I divide my fund into 3 parts, first part is for investment, second part is for saving, third part is for business.

I am happy if you get a profit from your investment, yes, by dividing it as you mentioned it is a good thing, indeed most people who lose on investment are one of them because they do not share the money as you mentioned. so if you divide the money as you mentioned, the investment will run smoothly and our mentality will also be strong because we use a good investment strategy.

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August 04, 2023, 03:27:36 AM
 #71

Yes and yes, I must conclude. I started my BTC journey at a time when some of my friends where learning how to trade. I just tagged along and was interested in every discussion that concerns it.
I wouldn't say I am among those who has fancied remote work more, but it was as the covid 19 era proved that it is possible to actually work from home, that the BTC revelation began.
I am still trying to upgrade my knowledge on trading, but with the little knowledge I have, I have been able to setup myself without any reliance on anyone for money or food.
I can easily make transaction with oversea clients and am confident my goods gets to my door step because the decentralized network has more than created a trust system, that I can do business with whom I don't know.

I believe a lot of people truly appreciate the presence of crypto market in general not only bitcoin during the pandemic period.
As people were stuck in their homes, they were looking for options on how to earn something to survive.
Hence, some people discovered the world of crypto, and started their journey during this challenging period.
But in my case, my journey was way way back and this market actually helped me in so many ways, not only earning some additional income, but I learned a lot about this technology, from compiling wallets, mining, staking to trading, and a lot more. I have a lot to thank this market.

Yeah, lots of people who are into crypto are able to went through on the pandemic without much troubles because of the opportunity it brings without any personal interaction.  I am one of those people who personaly experience the wonders of cryptocurrency when the government restrict people from personal contacts.

While my neighbors are struggling with their daily needs since many of them are trapped in their home restricted and cannot be able to earn because of the current situation, my participation with cryptocurrency enable me to sustain our family need until the restrictions are lifted.

When the pandemic hit, working online has really helped and saved a lot of people from economic hardship during the pandemic. But I wonder, how did people monetize bitcoin and crypto to get through that phase? Are you talking about trading? Because holding takes a long time to be profitable. Moreover, making profits with day trading is not easy, so I wonder how bitcoin has saved people. Apart from those who believed and bought bitcoin during the 2018 bear season, newbies to the market have been unable to profit from bitcoin during the pandemic. If investing in bitcoin is so easy to make a profit, why is everyone struggling with a recession?

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August 04, 2023, 04:13:53 AM
 #72

When the pandemic hit, working online has really helped and saved a lot of people from economic hardship during the pandemic. But I wonder, how did people monetize bitcoin and crypto to get through that phase? Are you talking about trading? Because holding takes a long time to be profitable. Moreover, making profits with day trading is not easy, so I wonder how bitcoin has saved people. Apart from those who believed and bought bitcoin during the 2018 bear season, newbies to the market have been unable to profit from bitcoin during the pandemic. If investing in bitcoin is so easy to make a profit, why is everyone struggling with a recession?
Due pandemic, many people helped trough online working actually with trading in bitcoin or altcoin, its not beneficial yet when talking about people bought bitcoin during 2018 and earn much profit right now after pump drastically. Need to change every one mindset although bitcoin have been up still profitable for investing right now.

I don't think with easily earn profit when investing in bitcoin, wrong moment make us loss investment when bitcoin price dropping and loss chance to earn much profit. Its right bitcoin is worth investment but need to know right time have to buy and sell bitcoin not take points about buy only but have research when moment for investing.

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August 04, 2023, 09:30:49 AM
 #73

   many people who profit from investing in bitcoin but many also lose because of investing in bitcoin, but the cause of people who lose because of investment
in bitcoin include:

 : the result of not being able to withstand it so that it is finally sold at a low price, and the causes are various, such as panic because prices have fallen, or because there is an urgent need for life, so that you are finally forced to sell bitcoins.

but there are also many who profit from investing in bitcoin, but those who profit are usually people who are strong at holding bitcoins. and sell it when the price is high.

bitcoins help a lot
economy of all circle, including:

: many rich people invest in bitcoin and get big profits.

: poor people can also benefit from bitcoin, if they are interested in investing in bitcoin. and not a few people who were once poor are now rich.

: people who have physical impairments caused by accidents or who have been born with disabilities, they can also invest in bitcoin as long as there is a will, and I see many people with disabilities (physical impairments) who are now economically assisted by investing in bitcoin.

and the unique thing is that investing in bitcoin can be done with small capital, even less than a dollar. so bitcoin is very unique and helps the world community a lot.

what do you think about bitcoin have you ever been helped economically by bitcoin.?

For sure the most common case, in my opinion, is when it comes to finances, I guess there are a lot of members here that don't really have a lot of knowledge when they are first starting in cryptocurrency, I mean when I was just starting on crypto currency I don't really know a lot about my financial management, but when I starting to learn bitcoin I also learn a lot, especially on investing and saving money. what I get is the mindset of investing and saving how to become a millionaire or how to profit, in my opinion having a millionaire mindset is the best thing that you could have, For example, if you're going to give someone a million dollars, give it to someone that just want to spend that money or someone who doesn't have the right mindset, after a month all of the money will be gone. But if you give it to someone who has the right mindset most probably the million is going to profit in the end.

In my country a lot of people get that mindset especially when NFTs become popular, cryptocurrency become really popular and that just mean that there are more people starting a businesses that could easily help people financially and help the economy as well.

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Vaskiy
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August 04, 2023, 11:25:16 PM
 #74

Bitcoin is not kind of business that is developed targeting specific class of people. It is developed keeping in mind that everyone needs to benefit through it. This is the success of bitcoin. Another important thing is the backing technology that made bitcoin the innovation of the era. The denomination available for everyone to invest and buy based on ones ability is another thing that makes bitcoin the best. Next is the multipurpose usage. In this way we can add more and more characteristics of bitcoin with which it stands high and useful to all levels of people.

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August 04, 2023, 11:41:22 PM
 #75

the result of not being able to withstand it so that it is finally sold at a low price, and the causes are various, such as panic because prices have fallen, or because there is an urgent need for life, so that you are finally forced to sell bitcoins.
This is true with Bitcoin, you won't lose if you don't sell below the buying price. Emergencies are one of the reasons why you have to sell even though you are not gaining yet. So the saying that "invest what you can afford to lose" is applicable in any type of investment. The lesson I learned in this is not only about losing, but also invest only an extra money. This way would help you to withstand if the price is very low because you don't need the money. I see no risk in Bitcoin if you don't sell it at very low price but it takes different time to be profitable.

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August 05, 2023, 02:18:46 AM
 #76

Bitcoin is a digital currency that has gained huge popularity nowadays and people trust it a lot. Especially with Bitcoin people nowadays invest in Bitcoin to make their life more successful. It is known that people are buying various things like their cars, houses and land with Bitcoin very easily. And is it possible to buy a house in Portugal with Bitcoin then we can say that Bitcoin can definitely change the economic position of the country. Since everyone has been successful in purchasing their various goods through Bitcoin, more things can be done with Bitcoin in the future. And if the economic situation in another country is bad then it will be possible to change that economic situation with Bitcoin.

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LittleBitFunny
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August 05, 2023, 02:43:29 AM
 #77

Bitcoin is a digital currency that has gained huge popularity nowadays and people trust it a lot. Especially with Bitcoin people nowadays invest in Bitcoin to make their life more successful. It is known that people are buying various things like their cars, houses and land with Bitcoin very easily. And is it possible to buy a house in Portugal with Bitcoin then we can say that Bitcoin can definitely change the economic position of the country. Since everyone has been successful in purchasing their various goods through Bitcoin, more things can be done with Bitcoin in the future. And if the economic situation in another country is bad then it will be possible to change that economic situation with Bitcoin.

Is that correct? If you have considered bitcoin as an investment, that means there will be a win or a loss, no investment is without risk. If everyone invests in bitcoin and everyone wins, who will print money to give it to everyone for free? Financial markets are where winners take money from losers, money from the weak to the strong.

It is an illusion that until now there are people who believe that bitcoin will be able to help improve a country's economy, or will alleviate poverty... when it is just a volatile investment.

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August 05, 2023, 04:30:43 AM
 #78

Bitcoin is a digital currency that has gained huge popularity nowadays and people trust it a lot. Especially with Bitcoin people nowadays invest in Bitcoin to make their life more successful. It is known that people are buying various things like their cars, houses and land with Bitcoin very easily. And is it possible to buy a house in Portugal with Bitcoin then we can say that Bitcoin can definitely change the economic position of the country. Since everyone has been successful in purchasing their various goods through Bitcoin, more things can be done with Bitcoin in the future. And if the economic situation in another country is bad then it will be possible to change that economic situation with Bitcoin.
In my view, with bitcoin, we will get easy payments, with easy payments, we can imagine if a factory with a large financial circulation will easily make payments, and that will certainly have an impact on profits in various sectors, because for a product until it reaches the hands of consumers, of course it involves several parties. on the other hand bitcoin has a better level of security, as long as we know how to maintain that security

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August 05, 2023, 04:56:42 AM
 #79

Bitcoin unifies global society by bypassing the economic divisions created by different currencies. Bitcoin takes away sovereign power to issue currency, invalidates economic policy, and weakens the bond between citizens and governments. Billions of adults remain unbanked, most of them living in developing countries. As the price rises, people will increasingly turn to Bitcoin to conserve their purchasing power. This demand will drive up the price of Bitcoin. In a world of increasing inflation, investing in Bitcoin is becoming more attractive. Bitcoin can help bridge this gap.
In a world of inflation, the economy is deteriorating due to rising prices of all things so investors are turning to bitcoin as an alternative store of value to protect their assets from the harmful effects of inflation. This demand will drive up the price of bitcoin if people believe that inflation will erode the value of traditional investments like stocks and bonds, they may put more of their money into bitcoin. This demand will also increase the price of bitcoin is a digital asset free from the effects of inflation and the country's economy will improve.

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Antonas1
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August 05, 2023, 05:13:14 AM
 #80

This shows that most people just use bitcoin as a speculative instrument for financial reasons and contrast it with fiat values. That makes Bitcoin just look the same as stocks and commodities, especially now that market participants have to be "controllers."
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