Aanuoluwatofunmi
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stead.builders
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April 25, 2023, 03:19:57 PM |
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We missed the early stages, but that doesn't mean that we don't have a chance in the future. It's never too late to still make a better future out of it, those that missed it then were never aware of how it may turn to later in life, maybe they would have risk it all and invested, now our turn today to choose whether to invest or watch things happening again for the second time, but for everyone who have heard about bitcoin this time and yet not invested stands on his own, the future to come will say the rest. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. The wrong mentality many have is that they must have to buy bitcoin which is wrong, it's a currency that should be earned as well just as you got paid in fiat from the job you do, you can earn bitcoin in many ways and not necessarily till you exchange your fiat for it or sell some of your asset.
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Razmirraz
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April 25, 2023, 03:20:06 PM |
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There are many important things that someone misses that makes them fail to grasp the opportunity to get rich, your past is also experienced by several other users who are here. You still have a chance to make up for the small mistakes you missed in 2014 and 2017, during your time here there have been many developments that have made you know Bitcoin more closely. Mistakes and failures are valuable lessons, after this you will always be monitoring the market movement to get a small portion of bitcoins to earn a few extra dollars when the price has increased. I do not agree with the words that there is money is not the goal in life because to survive requires money.
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tiCeR
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April 25, 2023, 08:52:33 PM |
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I'm not sure how financially strong I'll be in one, two or three years from now but my main point is that the average person is likely to never afford to acquire a whole Bitcoin. Personally, I'm aiming to hold 0.25 by the end of the year, which I'm not sure if I manage to succeed but it's worth a try.
You actually provided what is mathematically set in stone already. There are more average persons in the world than there are Bitcoin! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Which means that not every average person will ever be able to hold an entire Bitcoin. Psychologically I think this is an important aspect to consider when you are getting into Bitcoin. Avoid FOMO because you set some idealistic investment goal like "I need 1.0 Bitcoin no matter what and as quickly as possible". If your cash flow only allows for slow and steady, then stick with slow and steady and just by sticking to that you are probably better off than the average person in the long run. Being an average person in terms of income does not necessarily equate to being an average investor as well. Sticking to principles, continuously revising your investment strategy if necessary and persistently sticking to what you set up as your strategy can get you further than some of the higher income persons. Also as you said it depends on where you are in the world. This thread by LoyceV is labeled "What can 1 Bitcoin buy in your country?" and the result to that question can be very different. Now the thread doesn't adjust for time differences in Bitcoin's price I think, but still 0.25 Bitcoin can get you very far in one country and not so far in another. But owning 0.25 Bitcoin is aways better than owning none, and a lot of people in the world own none (yet).
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ShowOff
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April 25, 2023, 09:54:38 PM |
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I personally also think the same thing, indeed in this case the desire to be rich is very clear and I am aware of that, but the context for other things also exists, of course. even though we really can't get rich with it, living with enough is already better for me and indeed while I was in bitcoin my life became a little different and that is a fact that is felt by myself. so I don't care about other people's views whether it's about wealth or indeed being here is a bad action, as long as I feel comfortable and my life is fulfilled then I will still be here. It is very common for everyone to hope that bitcoin can help him financially regardless of whether they can be rich for it or just have enough. Of course it doesn't matter if you never get rich with it, but you should of course be grateful for what you have so far from bitcoin. Bitcoin in general has helped a lot of people get a decent return on investment and trading, but that return is by no means guaranteed. Just like most people, I also want to make a lot of profit in bitcoin. Obviously this doesn't have to make me feel too greedy for my desires, to be honest all of that needs a process and of course the process is never instant. Buy as much as you can afford to lose, hold on long term and enjoy the returns.
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Jody.Drummer
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April 26, 2023, 09:14:13 AM |
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I personally also think the same thing, indeed in this case the desire to be rich is very clear and I am aware of that, but the context for other things also exists, of course. even though we really can't get rich with it, living with enough is already better for me and indeed while I was in bitcoin my life became a little different and that is a fact that is felt by myself. so I don't care about other people's views whether it's about wealth or indeed being here is a bad action, as long as I feel comfortable and my life is fulfilled then I will still be here. It is very common for everyone to hope that bitcoin can help him financially regardless of whether they can be rich for it or just have enough. Of course it doesn't matter if you never get rich with it, but you should of course be grateful for what you have so far from bitcoin. Bitcoin in general has helped a lot of people get a decent return on investment and trading, but that return is by no means guaranteed. I personally can't say in this case rich or anything because everyone's standard of wealth is obviously very different and in this case we have our own perspective of wealth with it. What is clear, the point remains the same as before as long as we are grateful for what has been given with the adequacy achieved from bitcoin then it will still be very good. There is no real guarantee because this is not something that has a clear guarantee but this is precisely what makes bitcoin even more interesting because if there was a clear guarantee price fluctuations would not be like this and would feel monotonous of course. Just like most people, I also want to make a lot of profit in bitcoin. Obviously this doesn't have to make me feel too greedy for my desires, to be honest all of that needs a process and of course the process is never instant. Buy as much as you can afford to lose, hold on long term and enjoy the returns.
btw I completely agree with this point. Process is one very important thing because of course this can support yourself in a better direction if you want to process. It's just that there are still many people who always don't expect something like this even though this is a series that cannot be separated.
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Supreemo
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April 26, 2023, 11:40:29 AM |
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To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life. We missed the early stages, but that doesn't mean that we don't have a chance in the future. There's no need to regret anything, coming from someone who was here during the first years and missed the boat. It's completely unnecessary to stress over how to acquire more and go above and beyond by selling stuff or exceeding the budget you can afford. Stick to what you can afford to spend and stick to that plan; don't go to extreme measures; and remember, there are no guarantees in investments.
I personally also think the same thing, indeed in this case the desire to be rich is very clear and I am aware of that, but the context for other things also exists, of course. even though we really can't get rich with it, living with enough is already better for me and indeed while I was in bitcoin my life became a little different and that is a fact that is felt by myself. so I don't care about other people's views whether it's about wealth or indeed being here is a bad action, as long as I feel comfortable and my life is fulfilled then I will still be here. what matters here is you're already contented of your life right now and it's your choice whether you want to achieve something more. the desired of being rich is what we all wanted there's no person in this world that doesn't want to get rich i think there are some people not into but majority is we all need money. as long as you are happy of what you have right now then there's no need to care about others point of view in their life.
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nimogsm
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April 26, 2023, 05:46:13 PM |
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never say never. Wealth can fall on you at any moment. The second moment, if you set yourself the goal of earning 1 Bitcoin, you can handle it, there are a lot of opportunities for this now and I think you yourself know this. Thanks to the forum and the companies that spend here, as it is possible here get new knowledge and profit, and if you combine all this, you will have a positive result.
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Smartprofit
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April 26, 2023, 08:13:47 PM |
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In my opinion, there is a certain life rule - if you say "I can't do it", then you are right. If you say - "I can do it!" - then you are also right. It all depends on your attitude and your desire to achieve the goal.
If you set yourself the goal of saving 1 Bitcoin, then you will save it. A friendly universe fulfills the desires of people.
At the same time, it does not matter what the average salary in Greece is. People receive income not only in the form of wages, there are many ways to become a rich person. On the other hand, perhaps wealth is not your goal.
At the same time, if in the future the price of Bitcoin rises to $1,000,000, then 0.2 BTC will also become a large amount of money ($200,000).
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Ultegra134 (OP)
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April 27, 2023, 02:47:15 PM |
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You actually provided what is mathematically set in stone already. There are more average persons in the world than there are Bitcoin! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Which means that not every average person will ever be able to hold an entire Bitcoin. Psychologically I think this is an important aspect to consider when you are getting into Bitcoin. Avoid FOMO because you set some idealistic investment goal like "I need 1.0 Bitcoin no matter what and as quickly as possible". If your cash flow only allows for slow and steady, then stick with slow and steady and just by sticking to that you are probably better off than the average person in the long run. Being an average person in terms of income does not necessarily equate to being an average investor as well. Sticking to principles, continuously revising your investment strategy if necessary and persistently sticking to what you set up as your strategy can get you further than some of the higher income persons. Also as you said it depends on where you are in the world. This thread by LoyceV is labeled "What can 1 Bitcoin buy in your country?" and the result to that question can be very different. Now the thread doesn't adjust for time differences in Bitcoin's price I think, but still 0.25 Bitcoin can get you very far in one country and not so far in another. But owning 0.25 Bitcoin is aways better than owning none, and a lot of people in the world own none (yet). That's correct; the average person isn't aiming to acquire Bitcoin, but I believe that you understand my point: someone who's willing to acquire through purchasing by earning an average wage In theory, it will take years, but in practice, due to its volatility and the expected increase in price in the following years, it'll take way over a decade to achieve it, and it's still not guaranteed by any means. In my opinion, there is a certain life rule - if you say "I can't do it", then you are right. If you say - "I can do it!" - then you are also right. It all depends on your attitude and your desire to achieve the goal.
If you set yourself the goal of saving 1 Bitcoin, then you will save it. A friendly universe fulfills the desires of people.
At the same time, it does not matter what the average salary in Greece is. People receive income not only in the form of wages, there are many ways to become a rich person. On the other hand, perhaps wealth is not your goal.
At the same time, if in the future the price of Bitcoin rises to $1,000,000, then 0.2 BTC will also become a large amount of money ($200,000).
I know that I sound like a pessimist; however, I find it completely unrealistic, at least for the following few years. I'm not in a hurry, nor am I satisfied with my progress, although I've come to terms with the fact that there's a decent chance that I won't ever accumulate a whole Bitcoin. It might happen, but most likely it will not.
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hZti
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April 27, 2023, 03:22:08 PM |
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It’s not an issue if you don’t own a whole Bitcoin. It’s more an issue if you don’t know any bitcoin at all. If your net worth for example would be 10.000 USD you would be very well off if you own 0.3 Bitcoin. If your net worth however would be 1.000.000 USD you would be not so well off if you just own 1 bitcoin for example. So in my opinion just adapt your bitcoin portfolio to what you can afford. If bitcoin doubles your investment will also double, no matter what you have invested. Always remember that.
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Altryist
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April 27, 2023, 07:04:36 PM |
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It is very common for everyone to hope that bitcoin can help him financially regardless of whether they can be rich for it or just have enough. Of course it doesn't matter if you never get rich with it, but you should of course be grateful for what you have so far from bitcoin. Bitcoin in general has helped a lot of people get a decent return on investment and trading, but that return is by no means guaranteed.
Just like most people, I also want to make a lot of profit in bitcoin. Obviously this doesn't have to make me feel too greedy for my desires, to be honest all of that needs a process and of course the process is never instant. Buy as much as you can afford to lose, hold on long term and enjoy the returns.
And no less important point should be the ability to fix the profit, because until this moment it will be just numbers on the screen, which can decrease as much as they increase. I don’t know if it’s worth holding any coin for 5 years or more, so far it has worked for bitcoin, but no one can know the future fate of any investment, so taking profits in a bull market is a good habit, and as for bear markets, this is up to everyone what to buy and how much is in investment, and it doesn’t matter how much you have half a bitcoin or more, you need to proceed from the situation on the market.
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FahriZah
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April 28, 2023, 05:35:24 AM |
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It’s Really Like A Dreams Because Still Now 1 Bitcoin = Upto $30k USD And My Country Money Value Of 1 Bitcoin = Upto 3 Million Our Country Local Money It’s So Far And I Hope It’s Not Possible To My Owning Ever 1 BTC In My Wallet But I Have Little Amount Of Bitcoin It’s Okay For Me But Still Now I,m Trying To Increasing My Value To BTC And Working Hard If Possible Anyhow To Make Half BTC In My Full Life That's Enough For Me And Than I Success My Life And Fillup My Dreams Everyone Pray For Me.
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Crypt0Gore
Sr. Member
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April 28, 2023, 06:28:02 AM |
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You are judging tomorrow based on today and that's unfair, if 0.2BTC is all you can afford this year, what makes you think you won't do better than this next year? There are many opportunities in crypto space that can change everything in a short period of time you only need to learn.
I have read about how many people make a lot of money by investing in altcoin gems if they find them early. If you find them early, you can have more BTC fast. With altcoins, you can do pretty well and then use that money to buy Bitcoin, so you can have one Bitcoin within one year or two.
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riantolie
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April 28, 2023, 07:12:02 AM |
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You are judging tomorrow based on today and that's unfair, if 0.2BTC is all you can afford this year, what makes you think you won't do better than this next year? There are many opportunities in crypto space that can change everything in a short period of time you only need to learn.
I have read about how many people make a lot of money by investing in altcoin gems if they find them early. If you find them early, you can have more BTC fast. With altcoins, you can do pretty well and then use that money to buy Bitcoin, so you can have one Bitcoin within one year or two.
There are too many "gems", most of them won't provide you too much profit even if you invest in them early, and some will cause you to lose money. Trading is a good way to make money, but it's hard and I think it's not for everyone. Accepting your limits is fine, trying to break them is also acceptable, but you shouldn't overestimate yourself too much.
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DevilSlayer
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April 28, 2023, 07:28:51 AM |
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To summarize, my point is that many of us won't become rich or earn a great deal of money through Bitcoin, but that's okay; money isn't the greatest goal in life.
With that being said, you already create a limit within yourself. We all can become rich if we decided to become one. The problem with today is that people do not think on how they can get increase their current income, that is the reason why they are still on the same place and not going anywhere. If you decided to work hard and get own a 1 bitcoin or more then you will come up a plan on how to do it. People are creating limits by saying they cannot do it, it is like what you did by saying "I will never own a whole bitcoin", there are a lot of ways to get a bitcoin all you need to do is to decide to have 1 bitcoin. Human mind is the most powerful thing that we have, it can help us to manifest our desires so better if we should have a positive vision to ourself and to what we can do. We live in the world with a lot of opportunities, I really mean it when I say a lot because all we need to have specialized knowledge and high income skill in order to earn money without investing money or using capital. If we train our mind to see opportunities, you will see that there are so much abundance in this type of market. Remember that it is all in our mind, if you start deciding that you can have the amount of money you desire then it will finally come in to you. IT IS SIMPLE AS THAT!
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KiaKia
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April 28, 2023, 10:23:26 AM |
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You are judging tomorrow based on today and that's unfair, if 0.2BTC is all you can afford this year, what makes you think you won't do better than this next year? There are many opportunities in crypto space that can change everything in a short period of time you only need to learn.
I have read about how many people make a lot of money by investing in altcoin gems if they find them early. If you find them early, you can have more BTC fast. With altcoins, you can do pretty well and then use that money to buy Bitcoin, so you can have one Bitcoin within one year or two.
There are too many "gems", most of them won't provide you too much profit even if you invest in them early, and some will cause you to lose money. Trading is a good way to make money, but it's hard and I think it's not for everyone. Accepting your limits is fine, trying to break them is also acceptable, but you shouldn't overestimate yourself too much. There are too many altcoins and most of them are scam projects, but if you are good at doing research you can make some good amount of money, this is not a financial advice though because investing in altcoins exposes you to more risk than investing in Bitcoin, but honestly, many people have made over 10x from altcoins in this bear market, through AI mostly and today those AI projects are still standing strong, I think AI may lead the next bull market in 2021, projects like Althea, Singularity NET, VAIOT, Chain GPT have given early investors incredible amount of gains, it's easier to diversify on altcoins that to trade and make money, trading is riskier to me, I may be wrong but this is just me, still Bitcoin is the safest digital asset in crypto space today.
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yazher
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April 28, 2023, 10:29:00 AM |
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That's why when people ask for guidance about investing in bitcoins, I always told them the best thing to do is quit their bad habits and instead of buying cigarettes and alcohol, they should try to consider buying bitcoins with that money and look for the differences. especially those who wanted to quit these bad habits and they wanted to spend their money on something useful and productive. Bitcoins are always a good answer for that and they really need to start right now if they wanted some changes in their life because the more they spend it on something unbeneficial the more they are wasting their money.
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humanvelocity
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April 28, 2023, 10:47:31 AM |
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Isn’t that the beauty of cryptocurrency? You don’t really need to own a whole Bitcoin but that doesn’t stop you from being a proud owner of you though you might own a fraction of it. I see a lot of people people complaining about how they missed the chance of buying cryptocurrency way back when the value was really low but they don’t see the fact that there are even properties and other investments that have grown in the past few years. What I’m trying to say is unlike Properties,Gold or stocks etc which require you to own in full unlike these Bitcoin let’s you invest and grow with any desired amount you are comfortable with spending.
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Kelvinid
Sr. Member
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Activity: 2828
Merit: 344
win lambo...
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April 28, 2023, 11:39:02 AM |
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never say never. Wealth can fall on you at any moment. The second moment, if you set yourself the goal of earning 1 Bitcoin, you can handle it, there are a lot of opportunities for this now and I think you yourself know this. Thanks to the forum and the companies that spend here, as it is possible here get new knowledge and profit, and if you combine all this, you will have a positive result.
Maybe you have a point but I understand why some people are saying this because they are already contented with their achievements. Maybe you think that achieving and storing 1BTC is easy for you but never think that others have the capability to own it as well. Might say it was our mindset and the urge to get but can't hide the fact that some people choose not to get but instead, they make their money rolling - buy and sell. Actually, to be here in the crypto space is not all about owning 1BTC but we are here to make money every day as possible.
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AicecreaME
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April 28, 2023, 12:08:52 PM |
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I believe we've been all missed something big in cryptocurrency world or even in the real world, but that's okay, because we can't have it all, we can win always, we can't be happy always, everything should be in balance to grow more, so we have to experience bad things as well in able to learn something from it, and be a better person.
Not owning a whole Bitcoin after so many years is not a big deal, because maybe you're spending your profit in your daily needs, like paying your bills, buying foods, maintenance inside your house, and your wants, etc. That's amazing already, and that's the purpose why we are earning money, to spend on things we needs and wants.
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