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Author Topic: Happy to start bitcoin lifestyle.  (Read 583 times)
KingsDen
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May 18, 2023, 11:43:33 PM
 #21

I don't investing any cash entering my hand even if bitcoin is going down or up, I still prefer it to others.
Your telling on your title that you want to start your lifestyle with Bitcoin but then, your statement is contradicting your title.

You don't want to invest your cash or whatever is coming in through your hand and you don't want to buy Bitcoin whether it's high or low.

What do you mean that your prefer that to the others? You want other people buying it for you and you don't want to do it alone as there will be people that shall do it for you?

I do not think that he is contradicting himself. It could be that English failed him. He is struggling to make good use of his English and I find it difficult to understand what he is saying. But in that particular statement, I feel that there was an omission. Maybe he wanted to say that "he does not fail to invest in Bitcoin, whether it is high or low.". I cannot actually say so.
But in all, there is no relationship and cohesion between the topic and the body of the post. Grin
Things didn't fall well for him, including the bitcoin lifestyle.

R


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May 19, 2023, 04:59:38 AM
 #22

Bitcoin can improve your lifestyle if you manage to make a profit on your investment. Even so, you have to be careful in choosing when to buy, Bitcoin can go up and down at any time. The risk of loss is unavoidable as long as you save money in the form of Bitcoin, you need knowledge in whatever investment you make to reduce the level of risk that might occur.
Need to increase knowledge in investing in Bitcoin, your interest in Bitcoin makes it easier for you to understand this highly volatile type of investment.

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May 19, 2023, 05:15:06 AM
 #23

The thing is, you can buy/sell any other stock too anytime you want at any place. I am glad you are happy to start this Bitcoin lifestyle however don't make it skin into you.
What I mean by that is don't overbuy or oversell it. Just keep accumulating every week and stack it. Once it's the high team of the year, take some profits, have some fun with your friends and family.

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May 20, 2023, 05:46:02 AM
 #24

I don't investing any cash entering my hand even if bitcoin is going down or up, I still prefer it to others. I have seen a lot of testimonies of bitcoin despite the challenges it has faced but still good to mingle our mind with bitcoin lifestyle and love it, advertise it, campaign hard for it and trade cautiously. Bitcoin have touches lives my won't be exemption, I must learn, grow and earn from it.
How exactly do you want to take this opportunity to the next level if you are not willing to invest any cash in it yourself? You want to prefer or refer it to others but don't want to invest any cash yourself, that isn't making much sense to me. Bitcoin can surely be a good investment if you can time the market correctly and buy at the right time and then keep holding until you get your desired profits.

It has surely changed the life of a lot of people who heard and believed in it in its early days and never dumped their stash until today or when it hit its all-time high and reached $69k, those were some very lucky people for sure.

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May 20, 2023, 06:14:02 AM
 #25

..
-snip-

Bitcoin have touches lives my won't be exemption, I must learn, grow and earn from it.
Welcome to the forum.
You will get more knowledge than what you wrote in this first post if you are willing to take the time to learn about Bitcoin.

When you want to start a Bitcoin lifestyle, you must also be prepared to learn everything important related to Bitcoin yourself, such as technical matters including volatile prices.
Apart from my difficulty in understanding your point, I am glad that you are here as someone who likes Bitcoin and hopes to really make Bitcoin an investment option rather than choosing crypto other than Bitcoin.

 
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May 23, 2023, 06:38:59 AM
 #26

I don't investing any cash entering my hand even if bitcoin is going down or up, I still prefer it to others.
It's the safest way to think about crypto investment by my books and that's to put it in Bitcoin. Those who lose out of Bitcoin investment are the impatient short term investors. Even if one bought at ATH but one is patient to wait it out, it takes just four years later to get one back to profit. For instance, those who bought at $68k+ in 2021 will get the full benefit of their investment in the forthcoming bull rally expected to start in 2024/25. Definitely, this next ATH will be higher than $68k.

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May 23, 2023, 09:30:24 AM
 #27

The most favourable investment is bitcoin, and I call it the most favourable is because it gives choice of what you want to invest, time, period, management and operations.
You know Bitcoin has a high fluctuation in value, for that reason no one can guarantee Bitcoin as a profitable investment. It is very difficult to predict the value of Bitcoin because its value follows demand and supply or its value is determined by market forces, due to this factor you can profit overnight and can lose in a matter of hours.
Investing in Bitcoin is the same as you risking money for something that can be worth 0, if it's analogous if no one else is doing Bitcoin transactions then your assets won't have a price at all. Crypto investment which is full of speculation there is no certainty there, sometimes it can be profitable and it can also be a loss.

 
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May 23, 2023, 06:37:38 PM
 #28

In a simple term, bitcoin lifestyle can be the use case of bitcoin, how people use bitcoin to solve their problems. Bitcoin has changed the way internet payment was in the past, and it also provided a room for investment, but it shouldn't be taken as the only possible investment. If you want to live the bitcoin lifestyle start doing something that'll help the growth of bitcoin or solve problem for bitcoin users, such as offering your skills and getting rewarded with bitcoin. Hence you must hold for longer period to be able to take the opportunity to another level; gaining more profits.

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May 23, 2023, 07:04:36 PM
 #29

The most favourable investment is bitcoin, and I call it the most favourable is because it gives choice of what you want to invest, time, period, management and operations.
Can you explain what you mean by choice of what to invest. Bitcoin is just one digital currency, so what other choice does it offer? Other benefit can be considered but choice is out of context.

Quote
I would love to take this opportunity to the next level, I don't investing any cash entering my hand even if bitcoin is going down or up, I still prefer it to others.
If there is no investment how then will you will take the opportunity to the next level. There could be some hidden investment secret you are not sharing and i will like to learn from it.
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May 23, 2023, 08:35:43 PM
 #30

I have seen a lot of testimonies of bitcoin despite the challenges it has faced but still good to mingle our mind with bitcoin lifestyle and love it, advertise it, campaign hard for it and trade cautiously. Bitcoin have touches lives my won't be exemption, I must learn, grow and earn from it.

There are many more testimonies coming, Bitcoin is in the middle of adoption and many new people discover Bitcoin as a profitable investment and as a useful payment because of its decentralization feature and fast transactions, compared to when sending your fiat through banks and money transfer where you have to go through a lot of verifications to complete the transactions.
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May 23, 2023, 10:21:57 PM
 #31

Bitcoin is like any other investment that you can think of,but bitcoin with little stress,as long as the know the market analysis and can keep your coins safe,you will make profit. Bitcoin is not a get rich quick investment, you must be patient and strong to hold for long. Long term investment is the best for bitcoin. And so, always match up your experience as a trader with the platform’s perceived complexity. You need to gauge your expertise in using trading tools found on exchanges, and how easy it is to access and employ them.
Bitcoin is not only an investment asset it is a currency, bitcoins main goal is to use it as a payment method. But we now think bitcoin as an investment asset. I am not saying nothing bad about thinking and using bitcoin as an investment asset, but bitcoins main purpose was using it as an alternative to fiat we have to keep that in our mind.

OP maybe got overwhelmed by the returns of his bitcoin investment so he makes this thread. The title and the body of this post doesn't make any sense to me.
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May 23, 2023, 11:37:04 PM
 #32

Making bitcoin as a lifestyle will not be entirely doable. Maybe you are here only talking about investing in bitcoin, not the real lifestyle. Bitcoin is still a controversial digital asset and has many pros and cons, as well as unclear regulations in several countries. Adoption that is still uneven makes bitcoin only be used as a speculative asset, nothing more than that. I know you are passionate about Bitcoin, but you also need to see how the outside world perceives bitcoin.
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May 24, 2023, 04:45:00 PM
 #33

The most favourable investment is bitcoin, and I call it the most favourable is because it gives choice of what you want to invest, time, period, management and operations.
Bitcoin is one of the most favorable investment platforms. I know farmers in my area that make more than 200% profit on investment yearly. If you speak to them about Bitcoin they will not show interest because agriculture is a gold mine for them. Some people buy cheap properties and sell them after a few years making so much gain. Bitcoin can be your best investment and not for others.

Quote
I would love to take this opportunity to the next level, I don't investing any cash entering my hand even if bitcoin is going down or up, I still prefer it to others. I have seen a lot of testimonies of bitcoin despite the challenges it has faced but still good to mingle our mind with bitcoin lifestyle and love it, advertise it, campaign hard for it and trade cautiously. Bitcoin have touches lives my won't be exemption, I must learn, grow and earn from it.
It seems you are very passionate about Bitcoin and that is nice. Bitcoin has surmounted many challenges but no investment in the entire world has a 100% guarantee of making a profit. So we have to invest wisely. Don't also advertise Bitcoin as a get-rich-fast venture because it also has some level of risk In summary, believe in Bitcoin but don't put all your hope on the currency because it also has its shortcomings.

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letteredhub
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May 24, 2023, 07:37:51 PM
 #34

The most favourable investment is bitcoin, and I call it the most favourable is because it gives choice of what you want to invest, time, period, management and operations. I would love to take this opportunity to the next level, I don't investing any cash entering my hand even if bitcoin is going down or up, I still prefer it to others. I have seen a lot of testimonies of bitcoin despite the challenges it has faced but still good to mingle our mind with bitcoin lifestyle and love it, advertise it, campaign hard for it and trade cautiously. Bitcoin have touches lives my won't be exemption, I must learn, grow and earn from it.
People are highly tired of all these financial online stuffs due to how there are so much scams involved in online financial assets , to the extend that when a genuine decentralized asset like bitcoin is introduced to them they vehemently cast it off and rebuke the idea of it.

So when OP says campaign hard for it, I just smiled, cause right now the remedy to more people's acceptance of bitcoin  is not solely in campaigning of it but for you that have good knowledge about the asset to make good use of it and let it's positive financial impact and lifestyle like op called it be shown in your standard of living and finances ,only then can you attract more eyes to yourself there then cam you be able to share about bitcoin cause they are already seeing the testimony in your life.
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May 24, 2023, 08:08:30 PM
Merited by Doan9269 (3)
 #35

Bitcoin is a digital currency that is perfectly work online as a means of payment and also trading and investment as it applies, Bitcoin is an asset which has more opportunities to invest now, for a future usage, a user must prove. And you should be careful, because if you don't know exactly what you're doing, the risks of investing at a loss are relatively high. Don't be fooled by rhetoric and online feedback only ; if you haven't already done it before, you should educate yourself on the subject as much as you can. Amd If you are good in reading, you can mingle with the followings.
https://bitcointalk.org/index.php?topic=1689727.0
https://bitcointalk.org/index.php?topic=703657.0

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May 24, 2023, 08:09:52 PM
 #36

You said campaign hard for it, well the media alone has already put bitcoin at forefront because there's no well known social media platforms that doesn't talks about Bitcoin today and for that the campaigns is gradually going on and spreading round the world. Though we have our parts to do but telling the next person close to us whom we think is not inclined or doesn't have much knowledge about it, naturally it must not be about investment but to tender the good benefits to them maybe after which they knows they may decide to fully venture into it as an investment.

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May 24, 2023, 08:22:31 PM
 #37

Making bitcoin as a lifestyle will not be entirely doable. Maybe you are here only talking about investing in bitcoin, not the real lifestyle. Bitcoin is still a controversial digital asset and has many pros and cons, as well as unclear regulations in several countries. Adoption that is still uneven makes bitcoin only be used as a speculative asset, nothing more than that. I know you are passionate about Bitcoin, but you also need to see how the outside world perceives bitcoin.
Well to a high extent that's all what some people know about Bitcoin, they only see it as a tool for them to invest in, but it's a very wrong misconception, the OP was impling about making Bitcoin a lifestyle but was mainly touching on the investment angle.

It sad that there may be more Bitcoin investors than Bitcoin users, those who actually care after using Bitcoin in their day to day activities. I fear for the adoption of Bitcoin because the problem with investors is that they don't actually believe in the coin, when ever there is a dip then run into panic sell, I think Bitcoin lifestyle should center around making use of Bitcoin.

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May 24, 2023, 09:04:29 PM
 #38

Please what I mean by bitcoin lifestyle is simply making bitcoin investment of a great priority, when you're dedicated in achieving something, you give it all it takes by that you're living the life of investing in bitcoin because it required time and determination.

What I feel that is the right thing to say here is that getting the right knowledge about bitcoin from experts, books, articles etc is what takes time, getting profit from your bitcoin investment is what takes time but investing in bitcoin doesn't take time. I can buy any amount of bitcoin I want in less than 10 minutes. 

Quote
Secondly bitcoin might not need a public campaign but bitcoin still need people to hear it, to sustain it and to invest in it, and that's the only way bitcoin will survive, no business, company, organization and investment survive without people, so even campaigning it by people isn't a bad ideas.

errrm...sorry. Bitcoin needs a public campaign. Infact bitcoin is largely where it is today becasue of public campaigns which may have been both formal and informal. It is just that now, the public awareness about bitcoin is increasing in geometric proportion.

Quote
Lastly, we don't expect everybody to like bitcoin but the few or much people that believes it, are benefiting from it and that does not makes bitcoin bad because everybody do not likes it. Is all about choice.

True. Investing in bitcoin is a choice just as investing in stocks, real estate and others. If we expect everyone to like bitcoin that would be very wrong thinking. I can say that people who condemn and  criticize bitcoin are those who do not understand it.

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May 24, 2023, 09:31:46 PM
 #39

The most favourable investment is bitcoin, and I call it the most favourable is because it gives choice of what you want to invest, time, period, management and operations.
Yes, it may be. But, please remember that aside from those benefits, Bitcoin also has risks that you must consider. Understanding the risk is a way to prevent you from being shocked and stressed when something bad happens to you. I don't mean to make you drop, but this is the fact that Bitcoin is risky. But, if you have understood this case, this will be okay. And enjoy how to benefit Bitcoin is, moreover for the long time investment, within a certain period, and understand the exact time to sell the coin.

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May 24, 2023, 10:54:39 PM
Merited by The Sceptical Chymist (2)
 #40

The most favourable investment is bitcoin, and I call it the most favourable is because it gives choice of what you want to invest, time, period, management and operations. 
How so? I’m not sure if it’s a language barrier because you kinda lost me there. Amount to invest, time period of investment and risk management are all factors to consider when making any investment, if these are the reasons you consider bitcoin the most favorable investment, then you’re wrong.

I would love to take this opportunity to the next level, I don't investing any cash entering my hand even if bitcoin is going down or up, I still prefer it to others.
I believe you meant to say your strategy is to buy bitcoins regardless of the price, whether the price is going up or down doesn’t matter to you, that’s a brave strategy, foolish but brave, it will be in your best interest to apply DCA before buying bitcoins.

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