bitcoin helps the economy of all circles

[hyudien]

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."

I don't think it's a problem that Bitcoin is considered a kind of stock or commodity because several countries place Bitcoin in that realm. In my country too, it is only one of the various types of investment assets. And in several other countries, it will always be adjusted depending on the Asset Trading Regulatory Agency.

Bitcoin is not a get rich quick vehicle, we cannot invest in bitcoin and hope it will make us rich within a week or a month. Indeed, making a profit from bitcoin is not easy and takes a process, so I wonder how bitcoin has helped people survive and make money during the pandemic. As for trading, I think it's much harder than investing and not too many people make money from day trading.

I see it the other way around, where if we compare Bitcoin with other investment assets that have low volatility, Bitcoin is an investment vehicle that can be said to be quite fast, only 4 years when referring to the ATH cycle. Meanwhile, if you look at the movement of assets such as gold, silver, stocks, etc., it takes 10 to 15 years, and even then the cycle cannot be predicted at all. Bitcoin has actually provided a leak with a clue once every 4 years, so it's still worth mentioning Bitcoin as quick profit advice in investing.

[Lorence.xD]

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.

Bitcoin is not a get rich quick vehicle, we cannot invest in bitcoin and hope it will make us rich within a week or a month. Indeed, making a profit from bitcoin is not easy and takes a process, so I wonder how bitcoin has helped people survive and make money during the pandemic. As for trading, I think it's much harder than investing and not too many people make money from day trading. And if it's so easy to monetize bitcoin, why are people whining that they have trouble with inflation? Why don't they do it with bitcoin again to save themselves from this crisis?

It's not that easy to earn in Bitcoin especially from it's volatility nature but in a long run investment it would be really good to invest as you hodl more Bitcoin where you can profit huge because in many years it would be much more it's worth than it current value. Not only in investing in crypto or Bitcoin that would take your time, but investign with yourself with knowledge first that's why when pandemic hits due to some people are mandatory to stay at home, almost everyone are using gadgets onine to pass time and gather information for news.

Knowing Bitcoin is actually good if you are really want to learn Bitcoin before investing, because if you are a smart person you wouldn't think that an easy money doesn't have any risk right? So far I've seen a lot of people who really earned from Bitcoin but it took a lot years since it's not that easy, some have already build their houses renovated it. Bought their dream car and motorcycle. So in short, Bitcoin already helped a lot of people here in my country but for sure not all of them are lucky enough to experience that. Just lost a few assets they wouldn't risk again.

[Texac]

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."

I don't think it's a problem that Bitcoin is considered a kind of stock or commodity because several countries place Bitcoin in that realm. In my country too, it is only one of the various types of investment assets. And in several other countries, it will always be adjusted depending on the Asset Trading Regulatory Agency.

You don't have to wait for the government to recognize bitcoin as a commodity or property, we did it ourselves with bitcoin. I mean, very few people consider bitcoin to be a currency like the concept that Satoshi created bitcoin.  since I wasn't involved in the early days I don't know who turned bitcoin into an investment, but since then, anyone introduced to bitcoin knows that bitcoin is a highly profitable investment.  so it can be said that it is we who have turned bitcoin into an asset, a commodity, not a government.

[HONDACD125]

Bitcoin is not a get rich quick vehicle, we cannot invest in bitcoin and hope it will make us rich within a week or a month. Indeed, making a profit from bitcoin is not easy and takes a process, so I wonder how bitcoin has helped people survive and make money during the pandemic. As for trading, I think it's much harder than investing and not too many people make money from day trading. And if it's so easy to monetize bitcoin, why are people whining that they have trouble with inflation? Why don't they do it with bitcoin again to save themselves from this crisis?

It is true that investing in Bitcoin does not expect us to get rich in weeks or months. It is a long journey that we have to take with patience. I think Bitcoin investment is the easiest but earning profit is not so easy. So those who want to get rich quick should focus on trading instead of investing in Bitcoin, but you are right that trading is more difficult than investing. Investing in Bitcoin can be done easily by a newbie but trading requires a lot of experience and knowledge. People make a lot of money in day trading but there are also many people who often lose money in day trading, because it requires a lot of skill. That's why I personally trust Bitcoin investing more than day trading.

[Mr.suevie]

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."

I don't think it's a problem that Bitcoin is considered a kind of stock or commodity because several countries place Bitcoin in that realm. In my country too, it is only one of the various types of investment assets. And in several other countries, it will always be adjusted depending on the Asset Trading Regulatory Agency.

You don't have to wait for the government to recognize bitcoin as a commodity or property, we did it ourselves with bitcoin. I mean, very few people consider bitcoin to be a currency like the concept that Satoshi created bitcoin.  since I wasn't involved in the early days I don't know who turned bitcoin into an investment, but since then, anyone introduced to bitcoin knows that bitcoin is a highly profitable investment.  so it can be said that it is we who have turned bitcoin into an asset, a commodity, not a government.

I think nobody actually turned it to a profitable means of investment but every good thing has various ways in which one can use it and for Bitcoin, it's because of the nature of the currency not to depreciate and get affected by inflation that  made it as a popular headline for a good investment means and moreover Bitcoin has proven that it's very reliable when it comes to using as an investment mean.

[AmoreJaz]

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.

Bitcoin is not a get rich quick vehicle, we cannot invest in bitcoin and hope it will make us rich within a week or a month. Indeed, making a profit from bitcoin is not easy and takes a process, so I wonder how bitcoin has helped people survive and make money during the pandemic. As for trading, I think it's much harder than investing and not too many people make money from day trading. And if it's so easy to monetize bitcoin, why are people whining that they have trouble with inflation? Why don't they do it with bitcoin again to save themselves from this crisis?

one thing that i believe is that bitcoin helped a lot of people survived during the pandemic, was that a lot of them got paid for online services via btc payment method. just look at the forum alone. there are so many bounties, sig campaigns, other services (art works, website builders, etc) that are benefitting from this market. some are staking, trading, mining and offering their services related to blockchain tech. i can say, this forum helped and still helping a lot of forum users to survive in their day to day living, in so many different ways.

[Fivestar4everMVP]

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.?

Of course bud, when many other things like businesses I've tried running failed, when I discovered bitcoin and got involved, my life changed, and today, I can not say for sure that I am rich, or that I am already where I want to be financially, but what I can really do say is that, i am comfortable, though not without financial challenges from time to time, what I do normally imagine most of the time, what if there was nothing like Bitcoin and cryptocurrencies, what will i possibly be doing right now, how would my life be looking like right now, what kind of business will I be doing and how was i going to raise the money to even start it? this and many other similar questions sometimes runs through my mind, Bitcoin has helped someone like me in every area of my financial life.

[mrmalta]

hey guys check out vave , 100,000+ users worldwide Fastest withdrawals on the market

[flyingcarpet]

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.?

Of course bud, when many other things like businesses I've tried running failed, when I discovered bitcoin and got involved, my life changed, and today, I can not say for sure that I am rich, or that I am already where I want to be financially, but what I can really do say is that, i am comfortable, though not without financial challenges from time to time, what I do normally imagine most of the time, what if there was nothing like Bitcoin and cryptocurrencies, what will i possibly be doing right now, how would my life be looking like right now, what kind of business will I be doing and how was i going to raise the money to even start it? this and many other similar questions sometimes runs through my mind, Bitcoin has helped someone like me in every area of my financial life.

Bitcoin has touched all of our lives in some way. People who could not get the profit they wanted from the business or those who did not want to take risks to open a business were able to overcome many difficult paths thanks to Bitcoin.

Bitcoin showed us that there is another option. He gave me that confidence long ago. That's why I enjoy being in the forum where Bitcoin is talked about every day.

[Wend]

As a newbie, I agree that many people have made significant profits by investing in bitcoin. However, it's important to remember that investing always carries risks, and not everyone will experience the same level of success.

But there are also a lot of people who lose money investing in bitcoin even though it's their fault. So when investing in bitcoin, we need to realize that it is a financial market. This means there will be winners and losers, and not everyone involved will win. The market depends on buying and selling, so when you sell high there will be high buyers, when you win there will be losers.

You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

[Texac]

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."

I don't think it's a problem that Bitcoin is considered a kind of stock or commodity because several countries place Bitcoin in that realm. In my country too, it is only one of the various types of investment assets. And in several other countries, it will always be adjusted depending on the Asset Trading Regulatory Agency.

You don't have to wait for the government to recognize bitcoin as a commodity or property, we did it ourselves with bitcoin. I mean, very few people consider bitcoin to be a currency like the concept that Satoshi created bitcoin.  since I wasn't involved in the early days I don't know who turned bitcoin into an investment, but since then, anyone introduced to bitcoin knows that bitcoin is a highly profitable investment.  so it can be said that it is we who have turned bitcoin into an asset, a commodity, not a government.

I think nobody actually turned it to a profitable means of investment but every good thing has various ways in which one can use it and for Bitcoin, it's because of the nature of the currency not to depreciate and get affected by inflation that  made it as a popular headline for a good investment means and moreover Bitcoin has proven that it's very reliable when it comes to using as an investment mean.

Satoshi created bitcoin in the hope that it would become a decentralized and peer-to-peer currency, he not mentioning the hope it would become a volatile investment in the bitcoin's white paper.  if no one turns it into an investment, why is it used as an investment where very few people know its original purpose?  Nowadays, anyone who comes to bitcoin knows only that investing in bitcoin will have a chance to make a profit.  nobody cares it could be a currency, decentralized...very few people care about that.

[nullama]

~snip~
Satoshi created bitcoin in the hope that it would become a decentralized and peer-to-peer currency, he not mentioning the hope it would become a volatile investment in the bitcoin's white paper.  if no one turns it into an investment, why is it used as an investment where very few people know its original purpose?  Nowadays, anyone who comes to bitcoin knows only that investing in bitcoin will have a chance to make a profit.  nobody cares it could be a currency, decentralized...very few people care about that.

Bitcoin is money.

People in El Salvador and Central African Republic can use it to pay literally anything in those countries.

People care about their money, and as I said, Bitcoin is money, so they do care about it.

[jokers10]

Bitcoin is money.

People in ... Central African Republic can use it to pay literally anything in those countries.

CAR withdrew approval of bitcoin as a legal tender this spring. But even before that a lack of even electricity access made it nearly impossible to majority of citizens of this country to use this opportunity. CAR is too underdeveloped. They first need to develop power supply systems and communication systems like mobile and internet.

[blckhawk]

For sure, I have seen many threads in the past here on how bitcoin helps them financially, they become stable and have the financial freedom to buy things that they want for them or for their families, so that is good. And probably it will inject some of that in the economy too, and that's the beauty of having an extra money because you have the purchasing power. But not all have succeeded though, investment or to make money here is not that easy as it sounds. It's not an easy or get rich scheme. You really need to have a lot of patience and you a strong mentality and be intelligent when to buy and when to sell to enjoy your profits and then make them sustainable in your end.

When we are spending or buying goods and services, we are already participating the growth of the economy so we don't need to worry too much about whether we are contributing to the economy because it's all automatic and that's how it was designed, that we won't notice it until something significant happens, so when we are talking about bitcoin helping the economy, it's kind of redundant when they put it like that. Of course there's always people that's going to lose some, not everyone can win in investments although I think it's an individual problem, investments are supposed to make you profit in the long-term and if you were to easily falter when something negative that everyone knows will be temporary happens then you're bound for losses. Be mindful that I'm only talking about individual and small investors, I think it's a different discussion when it comes to that.

[fuguebtc]

Bitcoin is not a get rich quick vehicle, we cannot invest in bitcoin and hope it will make us rich within a week or a month. Indeed, making a profit from bitcoin is not easy and takes a process, so I wonder how bitcoin has helped people survive and make money during the pandemic. As for trading, I think it's much harder than investing and not too many people make money from day trading.

I see it the other way around, where if we compare Bitcoin with other investment assets that have low volatility, Bitcoin is an investment vehicle that can be said to be quite fast, only 4 years when referring to the ATH cycle. Meanwhile, if you look at the movement of assets such as gold, silver, stocks, etc., it takes 10 to 15 years, and even then the cycle cannot be predicted at all. Bitcoin has actually provided a leak with a clue once every 4 years, so it's still worth mentioning Bitcoin as quick profit advice in investing.

I won't object to what you say if you compare bitcoin to traditional investments like gold or real estate. It is true that bitcoin offers faster and bigger returns than those assets, but it won't be as fast in just a few months or a year. That's why I wonder, people say bitcoin has helped them a lot during the pandemic, but how?

one thing that i believe is that bitcoin helped a lot of people survived during the pandemic, was that a lot of them got paid for online services via btc payment method. just look at the forum alone. there are so many bounties, sig campaigns, other services (art works, website builders, etc) that are benefitting from this market. some are staking, trading, mining and offering their services related to blockchain tech. i can say, this forum helped and still helping a lot of forum users to survive in their day to day living, in so many different ways.

If they are talking about signature or bounty campaign earnings, it is the forum that is helping them. Because bitcoin is just acting as a currency, a means of payment to pay them. I agree with you on this point, many people have overcome the pandemic thanks to the work that the forum brings.

[Gyfts]

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.

People who're disabled might receive government assistance and that check is usually isn't too significant, and it's on a fixed rate -- sometimes only modestly increased to match inflation. Fixed income earners owe it to themselves to invest in a deflationary asset given that their purchasing power is getting reduced every time the government decides to spend money it doesn't have. And this applies to people who are chipping into pension programs or government backed social security programs too. The residual income you get off those fixed payments are irrespective of inflation so don't expect that those funds are going to be enough.

[Despairo]

If they are talking about signature or bounty campaign earnings, it is the forum that is helping them. Because bitcoin is just acting as a currency, a means of payment to pay them. I agree with you on this point, many people have overcome the pandemic thanks to the work that the forum brings.

Signature campaign do help someone's financial, but not all people can join signature campaign because it's limited and required high knowledge.

Bounty campaign is just a bonus because most of them are scam, even they're not scam and they distribute their reward, majority of the token are worthless.

But signature campaign and bounty campaign are come from this forum, so actually this forum are helping the financial of those people, not Bitcoin.

[lousie9]

You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

I agree with what you have said that Bitcoin cannot fully help the economy, fix poverty and other economic problems as many people say. In fact, to be able to get the maximum profit in investing in Bitcoin is not that easy and not everyone can.
It is true that investing in Bitcoin can help someone's economy but it will not be so significant, it all depends on how much they invest and how well they sell it at a high enough price.
And it's true, in fact that many people also lose investing in Bitcoin because of their own mistakes, they can't understand the market and don't have good investment risk management.

[Altryist]

Satoshi created bitcoin in the hope that it would become a decentralized and peer-to-peer currency, he not mentioning the hope it would become a volatile investment in the bitcoin's white paper.  if no one turns it into an investment, why is it used as an investment where very few people know its original purpose?  Nowadays, anyone who comes to bitcoin knows only that investing in bitcoin will have a chance to make a profit.  nobody cares it could be a currency, decentralized...very few people care about that.

This is not the case, eventually, when bitcoin reaches a very significant value and ceases to be so volatile, and then it will be used much more widely as a means of payment. But until then, Bitcoin really looks like a promising investment, and if it works, then why can't it be used? There are many opportunities in the world, and whether you can take advantage of them or not is up to you.

[ginsan]

To be honest, I have experienced great benefits from Bitcoin in my life, even though I am not rich in Bitcoin category, but I can get the opportunity to change my life with Bitcoin where I can make daily or weekly profits in trading Bitcoin on every exchange, be it spot or futures.

Thus I agree that Bitcoin is able to change someone's life in terms of their finances because they can invest in Bitcoin to get profit roi every day. Besides that Bitcoin has made it easier for us to send money to all countries using only Bitcoin without having to pay taxes to third parties in making transactions.