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Author Topic: Bitcoin is to grow your money  (Read 392 times)
drwhobox
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March 02, 2023, 12:13:36 AM
 #21

Bitcoin will give you financial freedom, which fiat can't. Different people have different mindsets for investing in bitcoin.
Some may get rich with bitcoin, some find peace of mind that they won't find in banks or fiat.
For me, bitcoin gives me full control of my money, I am the one who controls my money, not a bank or my government has control over it. I hate banks so the right solution for me is bitcoin.
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March 02, 2023, 02:36:06 AM
 #22

Don't get me wrong, I believe that there people who get into Bitcoin because of the technology, because it is a way better alternative than fiat, but I don't think there's somebody who actually disregards the rising price of Bitcoin.

But I don't see any conflict with it. I don't see how it conflicts with the principle of Bitcoin. As a matter of fact, the increasing price of Bitcoin is expected precisely because of Bitcoin's principle. Bitcoin's fixed supply gives us an idea that its price will possibly be rising no end. In contrast to fiat's continuous devaluation, people who get into Bitcoin must have appreciated its continuously growing price.

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March 02, 2023, 04:15:58 AM
 #23

everyone has a different opinion on this matter, but what is certain is that everyone is also looking to profit from investing in bitcoin,
and I'm sure a beginner or even a senior, definitely looking for profits. but lots of beginners
who experienced investment losses in bitcoin because
lack of knowledge,,,
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March 02, 2023, 07:14:00 AM
Merited by Lucius (1)
 #24

OP, what's the difference between wanting to live big and wanting to move up financially? Your post contradicts itself. If a newbie invests in Bitcoin, it is not a fact that he is poor, is it? Accordingly, the constancy and regularity of his investments, as well as the amount he wants to invest in Bitcoin, may well lead to a big dream of living comfortably.
It all depends on the goals, and not everyone comes to Bitcoin for investing; someone can freely use it for the purchase or sale of goods, and someone just uses it as a means of insurance during inflation.

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March 02, 2023, 10:47:36 AM
 #25

You can think right from the beginning to live large and being fulfilled when you invest in bitcoin, but before this can become a reality, you need to put some things in place, your learning grounds and determined mind of being focused, why you should be optimistic here is because people have been investing and making money from it, the history lane is a reference to ascertain this, those that invested earlier and hodl have made alot of money, also if you can learn trading, it's another easy meant to get good at it, but before all these, you a perfect learning ground over time.
Whatever you decide to do in life, if your foundation is weak, everything you try to build will fall apart. The same logic holds true for bitcoin and cryptocurrency in general. In order to execute your plan properly and avoid losing your investment, you must have a basic understanding of what you are getting into. This is true whether you choose to use bitcoin to become wealthy and purchase expensive cars and other items or whether you want financial stability. The sky is the limit if you have a solid educational foundation, perseverance, and a laser-like focus.

R


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Lucius
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March 02, 2023, 11:08:41 AM
 #26

My follow beginner, hope your reason in investing in Bitcoin is not thinking to live large , buy good cars and to acquire mansions.
---
The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. 

As @lovesmayfamilis noted, you're kind of contradicting yourself - because no matter what you're talking about, you still think that Bitcoin is exclusively an investment, without even mentioning that it's a decentralized cryptocurrency that should allow anyone at any time to make a transaction without seeking the approval of a bank, government or other institution.

I'm not saying Bitcoin isn't a good investment, but it wasn't created exclusively for that, use it as a currency from time to time Wink

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March 02, 2023, 12:12:46 PM
 #27

...The principle of bitcoin is real , if you understand the principles it always turns out being profitable.

Only it is very difficult to predict how many years it will take for your goals to be achieved. It is possible that this will happen in a few years, but it may happen that many years later your children will receive a profit from your investments today.

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omgitsmehehe
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March 02, 2023, 07:40:35 PM
 #28

Only it is very difficult to predict how many years it will take for your goals to be achieved. It is possible that this will happen in a few years, but it may happen that many years later your children will receive a profit from your investments today.
Bitcoin have a solid future and enchance profits for traders and investors. The investments we make today, I'm not in a hurry to withdraw my profits because I'm confident as time goes on, it definitely going to increase. There's more time to make crucial research on what to purchase and the trending projects in the space that have promising roadmaps. It's every trader's joy to see the beautiful smiles on their offsprings faces when they start enjoying their profits.

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March 02, 2023, 07:53:35 PM
 #29

Everyone that into Bitcoin investment are not the same, some people are into Bitcoin today because they want to make money in time to come, while others are into Bitcoin because of trading and some are into bitcoin because they don't want anything to do with fiat.

R


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Rengga Jati
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March 02, 2023, 09:13:36 PM
 #30

The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
Actually, if we have more stable finances, we will be calmer in living. Bitcoin may not be the only way to realize it, but this can be one of the ways to earn passive income by doing long-term investments. As you said, investing in Bitcoin may give us very big chances to gain very big profits, with high expectation to earn a lot of money. But, there are also other ways how Bitcoin can really give us the worth and precious values for long term holding with free money.
This will not guarantee that our life will be much richer, but it will give us the chance to have better financial if we are able to manage them wisely and smartly.

R


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March 02, 2023, 11:05:59 PM
 #31

The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
Yes the goal for investing in Bitcoin is not to get rich but a way to earn passively. But aside that it makes us our own Bank and provide good hedge over inflation. A very big and powerful currency that keeps our funds away from government monitoring.

But for the rich who can afford risking so much into Bitcoin investment they can become richer. Bitcoin investment on a long run is capital intensive but as always advised we should risk an amount we can afford to lose.
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March 03, 2023, 12:56:56 AM
Merited by The Sceptical Chymist (3)
 #32

My follow beginner, hope your reason in investing in Bitcoin is not thinking to live large , buy good cars and to acquire mansions. If you ask most beginners what is their reason they choose to invest bitcoin all what you will understand from their reason is just want to make in different versions. Beginners should learn to know bitcoin is not a reason or a way to become rich .

Most of the time, the mindset people have when starting an investment or business is what keeps them motivated to succeed. If beginners believe that investing in bitcoin will make them wealthy, that is fine; you never know what their motivating factor is. It is now up to them to put in the extra effort to become what they want to be in this world.

Quote
The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.

The principle did not limit what you could achieve or obtain. People work harder to achieve what they don't have, and you can't blame them if they push themselves to do so. It is their dedication and hard work that deserves to be recognized. Nobody can stop people from becoming wealthy through bitcoin investment.

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March 03, 2023, 03:28:59 AM
 #33

The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
No!.
Don't think like that (profit), If not according to reality or be came unexpected, you will be disappointed and leave/hate bitcoin.
One of the reasons is because of high volatility, the price can go up or down drastically in a short time which makes there is no guarantee that it will give a definite profit.

I have a friend who really loves bitcoin in past, and assumes will get benefits in future, but in fact, he was very disillusioned with bitcoin because the exchange he save $20K bitcoin bankrupt, and not refunded his money. Now, because of that incident, he is very hate bitcoin which made him lose his savings, he is so traumatized and crying hard if heard about bitcoin.
There are many stories of success and failure of traders, from starting to lose money which made him poor and some suddenly rich.
Investing in Bitcoin must be accompanied by qualified insight and knowledge, not just because of joining in (Fomo). Apart from that, it must also be supported by a strong mentality, so that when faced with difficult circumstances it does not make you depressed or cause psychological problems.

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SPIN

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Cookdata
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Not Your Keys, Not Your Bitcoin


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March 03, 2023, 07:14:58 AM
 #34

My follow beginner, hope your reason in investing in Bitcoin is not thinking to live large , buy good cars and to acquire mansions. If you ask most beginners what is their reason they choose to invest bitcoin all what you will understand from their reason is just want to make in different versions. Beginners should learn to know bitcoin is not a reason or a way to become rich .

But you can't deny the fact that most influencers you see on Youtube walls do that to impress young investors and to some extent, I don't blame them. The average person from society who hasn't been exposed to digital assets would want to be convinced enough to see what people have gained from holding bitcoin. However, that impression has led some hands to be burnt by putting all their money into bitcoin without a proper understanding of what they are even buying.


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The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.

Bitcoin will definitely level up your financial status but first, your hope must be bought down to the lowest level, you need to be patient and be ready to accept whatever you see on the chart, the long term always wins if you keep holding your bitcoin, always be unshakable diamond hand.

traderethereum
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March 03, 2023, 07:35:21 AM
 #35

There must be someone who has the goal of having a big life, a nice car or a luxurious house or wealth.
But to get there, they must realize that investing in bitcoin is not easy because they have to see the price movement, which continues to fluctuate and does not stop.
For beginners who want to invest in bitcoin, they have to find a method that works for them and many of them suggest using the DCA method of buying little by little and regularly.
By investing in bitcoin, they have the opportunity to have a better financial life than other people and can achieve the goals they want.
So they should be able to straighten their goals and never think about getting rich quickly.
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hope new job come to me


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March 03, 2023, 09:04:14 AM
 #36

But I honestly admit that I am interested in investing in bitcoin because I want to grow the money I invest in bitcoin. expecting to get rich from bitcoin is also on my mind sometimes. but I know that it is not an easy thing and can be achieved just like that. I know the risks involved. And even I only invest with leftover money. had high hopes i thought not a problem. the important thing is we keep investing with careful planning. not based on greed and hype.
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March 03, 2023, 01:38:18 PM
 #37

The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
It will not work as easy as you think, especially for a newbie who will buy and wait for profit. Imagine that he bought and the price went down, imagine that the purchase was made at the time of the beginning of the correction, in this case, it will no longer be possible to calmly wait for profit, there will be many worries and perhaps even a sale with a loss will follow. And before buying anything, you need to study everything about the asset in order to understand what you can expect.

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March 03, 2023, 02:57:27 PM
 #38

Many beginners, even those who already understand enough about bitcoin, come with the hope that they will succeed with bitcoin investment. Expecting financial increase may be quite commonplace, but when you want big profits in an instant way it will never happen. They just see that bitcoin is big and bitcoin is hype. It's not easy to get consistent profits so we can get what we want with bitcoin. there will be many risks that can occur. Profits will not last forever, there will definitely be losses that can occur. Bitcoin grows your money slowly or according to investments made, not for get-rich-quick schemes.
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March 03, 2023, 08:34:57 PM
 #39

My follow beginner, hope your reason in investing in Bitcoin is not thinking to live large , buy good cars and to acquire mansions. If you ask most beginners what is their reason they choose to invest bitcoin all what you will understand from their reason is just want to make in different versions. Beginners should learn to know bitcoin is not a reason or a way to become rich .

The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
Bitcoin is certainly not a get-rich-quick scheme. Its more of a long-term investment that when you succeed from it, that means you can gain good returns and grow your capital, as well as grow your possible profits. But for most of the beginners, their mindset is mostly set in greed that's why they invest bitcoin because of their high desire to get rich instantly. The reason why they lost their focus in bitcoin investing because they are more motivated on the fulfillment of their greed.

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March 03, 2023, 08:52:14 PM
 #40

My follow beginner, hope your reason in investing in Bitcoin is not thinking to live large , buy good cars and to acquire mansions. If you ask most beginners what is their reason they choose to invest bitcoin all what you will understand from their reason is just want to make in different versions. Beginners should learn to know bitcoin is not a reason or a way to become rich .

The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
Well, we cannot blame some beginners if they set their goals following on that concept since its all advertised in social media that bitcoin holders and traders have been making their fortune, and as they are still beginners with less knowledge and experience, then they will easily believe whatever those crypto influencers have to say. But i believe, the moment that they start enduring losses, then they will know the true meaning of bitcoin and how it should work.

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