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Author Topic: Bitcoin is the way to Prosperity for a Determined Dreamer  (Read 755 times)
BD Crypto
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July 11, 2023, 12:19:28 PM
 #61

I have learned to understand that any type of investment is risky but want to risk something that has the potential to change my financial situation. With this aspects bitcoin is much worthy to invest.
Market manipulation makes Bitcoin more risky either it's a great choice for investment. Another risk is about losing your Bitcoin if you aren't aware about how to keep it secured. Historically Bitcoin pumps hard in Bull Market and it hit new ATH after every Halving and the perfect time to invest in it is at bear market. So you have choosed a good decision to hold it for long term. But you should not invest all your assets in Bitcoin as many bad things can happen or Bear market can go more longer. So Bitcoin has higher risks and higher returns. Who have much knowledge about proper crypto investment can gain more profits with less risks. So try to be one of them.

I am trying to collect money to invest in Bitcoin for this I have decided to do agricultural work on other people's land and dreaming of investing some of the hard earned money in Bitcoin regularly. My money is small so I am trying to hold bitcoin for long term so that I can fulfill my dream.
Why you aren't looking for more potential works to gain assets to invest? There are many easier options to do beside agriculture. You can earn from Bounty Campaigns in this forum. You have to promote them in social accounts and you will receive their own token or stable token. Then you can easily convert to Bitcoin. Another effective way is to join Crypto Airdrops and you have to know that every project will not pay you so you have to find out most potential projects to work and leave the shit projects. Because they will not pay or maybe not worthy.
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July 11, 2023, 01:05:35 PM
 #62

It's going to take a very long term investment for someone who earns a very small amount of money to invest in Bitcoin, you can keep investing 50$ per month on Bitcoin for years to become a successful Bitcoin investor, because let's face reality, Bitcoin is not going to give you ten to twenty times your money, to ease your mind it's better target Bitcoin with good number of income if truly Bitcoin is your goal to financial freedom.

It's better to plan your retirement with Bitcoin because someone in your level will find it easier to do instead of someone who want to make life changing money through Bitcoin investment in 2025, it's not going to happen unless you have the money, like 40,000$, I am a realistic Bitcoin investor, I don't like receiving myself like many people, Bitcoin can only triple your money to maybe four times your money and that's it.

My advice is, target the long term if you are making too less money or simply start doing more jobs to invest a specific amount of money in Bitcoin per month, do not be deceived.
You say Bitcoin is a sluggish race for low-income people. Isnt Bitcoin's magic that? Its a long-term investment that can help low-earners build wealth. Bitcoin may not make you a fortune overnight, but remember the turtle and the hare. Its endurance, not speed. Bitcoin has survived many storms since its creation. This is worth gold - or Bitcoins - in investing! Bitcoin isnt everything. The real revolution is blockchain technology. Its like dismissing the mine that produced one gold piece. Finance, healthcare, and voting systems use blockchain technology. Isnt life exciting?

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July 11, 2023, 01:22:38 PM
 #63

It's pretty obvious that HODLING BTC and other popular cryptocurrencies for the long-term is a long shot, but it is possible. However, you shouldn't put all your eggs in a single basket op.

Instead, you should have a reliable income source on the side to help support you and your loved ones for a long time. Think carefully and plan accordingly!

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July 11, 2023, 01:40:09 PM
 #64

Bitcoin is the way to prosperity for someone who can embark on the journey of long term investment, if you want to make life changing money through Bitcoin in the next two years you need to have invested like 10,000$ or more, even I won't call 50,000$ a life changing money but would do a lot for someone who is dead broke.

If you are determined then your goal should be an accumulation of Bitcoin for many years to come, not the next bull market, you need a lot of thousand dollars invested first before you can get better ROI in a year or two.

If you are earning low income in your business or job, play the 10years accumulation with what you can afford to lose every month after getting paid in your job, you will be happy you take the step.

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July 11, 2023, 02:26:36 PM
 #65

First of all, I would like to welcome you to the Bitcointalk forum.

Of course, the first thing you should know is don't think Bitcoin can make you rich instantly because there are many mindsets like this and in the end they will be disappointed, especially if you don't have your teacher accompany you. I also want to say to you, that you are lucky to get such a good teacher after teaching you about Bitcoin he also gave you a smartphone and it is very rare for us to find a teacher who sincerely helps you so that one day you can stabilize your finances and that of your family.

Bitcoin investment is the best investment for now. Your choice to invest in Bitcoin is a profitable step to take advantage of Bitcoin because it will be very profitable from time to time. I believe you will achieve your dream one day if you keep doing DCA and keep holding bitcoins.

 
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July 11, 2023, 02:38:32 PM
 #66

Your teacher must be part of the bitcointalk forum to have refer you to this place to gain more knowledge about btc. I hope you find the right knowledge here and utilize it as much as possible.
Judging by your financial status, it will be very hard for you to buy enough btc that will fetch you a lot of money in the future. this is not trying to discourage you but just stating the obvious because btc is already expensive and before your little investment can make a reason sum, btc needs to be very high in price like 100k and above.
Nonetheless, keep the dream alive coz it is a good one.

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July 11, 2023, 02:45:53 PM
 #67

I'll play the devil here and say to you upfront that you shouldn't put all your hopes and dreams on bitcoin. There are people that over sells BTC as if it's the key to financial success or the solution to everything - IT'S NOT. There are many avenues where you could put your money into and become successful as well. I suggest that you expand your skills and boost your financial literacy.
This is just the reality, mate. As much as we appreciate what Bitcoin can do for us, we can't guarantee that it can always deliver on us. Just don't depend everything to Bitcoin just like on how a usual corporate worker shouldn't rely too much to his 9-5 work considering that layoffs are happening quite frequently especially with tech companies.

Surely people cannot just admit that they have the same thoughts as yours since that's the reality anyway and reality sucks. Cheesy

@OP, as much as I can say "kudos" to your story (assuming it's legit), you should have at least a reliable income. You even mentioned that you have a small amount of money. That's not really going to be great for you in the long-term. Find job for now and invest later on.

Best of luck!
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July 11, 2023, 02:59:41 PM
 #68

There has been a lot of people who've already experienced changing their life with Bitcoin. You could actually see the difference on the people who's love to get spoon fed once someone introduced to them Bitcoin, as they always rely on the person's decision who told them about Bitcoin. Once someone told you an opportunity to change your life, you would put some effort to do your own research and study it. It might take a long time to reach it but starting with nothing but knowledge is already a good investment for yourself. I suggest to take some part time job so you would have money sources for investment to Bitcoin. You should thank you teacher for introducing you Bitcoin. Good luck in your journey in this industry!

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July 11, 2023, 03:43:38 PM
 #69

I'll play the devil here and say to you upfront that you shouldn't put all your hopes and dreams on bitcoin. There are people that over sells BTC as if it's the key to financial success or the solution to everything - IT'S NOT. There are many avenues where you could put your money into and become successful as well. I suggest that you expand your skills and boost your financial literacy.
It's good that I saw your post because I will also play as the devil as well because as much as I want to see people investing into Bitcoin, I don't also want them to go all in into Bitcoin, investing all of their money, selling their belongings just to have money to invest into it, and just hoping that they'll get profit into it.

I mean there is nothing wrong with investing into Bitcoin, but at least learn it. Learn the risks. Learn how it's price moves because sometimes, newbie investors are getting overwhelmed once they see their crypto portfolio down double digit percentage in just a span of 1-2 days. People see Bitcoin as like the solution for their financial problems. People see Bitcoin as like the solution to their poverty where in fact it isn't because it wasn't created for that reason.

Bitcoin is the way? It might be, but it isn't the "only" way to prosperity. There are many assets that can give you profits as well. It would be better if you just diversify instead of just putting your money into one asset class. Always invest in long term if you want to make profits with Bitcoin.

 
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July 11, 2023, 04:32:00 PM
 #70

I firmly believe that there is a possibility of achieving a large amount of money in the future. My teacher advises me to hold my investments on bitcoin for longer period ‍so that i can achieve the greatest success in my life.
That is a good plan @ O.P and I wish you the best as you strive to achieving your dream to financial freedom with Bitcoin investment, but I will love to add a little piece of advice to what your teacher just told you, as to invest only an amount of money you know you will not be in need over a long period of time, and to invest like 1-10% of whatever money you may be earning, so that it doesn't affect you as a student, because being a student really requires money for food, textbooks and...e.t.c

Secondly, if you think the fees of transferring  your Bitcoin from one wallets to the other is little bit expensive for a small investment within the range of $5 to $10 weekly or monthly, you can try using Binance, as you can buy using p2p and still hold your Btc on it.

 
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July 11, 2023, 04:44:34 PM
 #71

Such a great story of determination to get out of poverty and be financially free. However, I hope your teacher or even you have just made a good decision in putting all your efforts into bitcoin. I mean, with just a small amount of money you put into bitcoin for like what every month? that won't do much in the long run though considering that the price may be higher in the next coming months. I'm not discouraging you or something like that, but merely giving you an idea of how much potentially will you gain as a profit in the coming years, because I was thinking that it should be wiser to just save those money you have worked for or use it to sustain your studies and finish them first in order for you to get a good paying job and from there you will start your investment journey since for sure you already have enough money to generate good profit by that time.
Frankly speaking, you shouldn't be focusing on bitcoin for now, use that money to finish your studies first. Trust me, when you get a high paying job everything will come easier.
I understand that it is not going to be easy for a lot of people to invest into bitcoin with all they have, it would be risky and dangerous and not everyone has the same level of stress for it. I got used to it over time and I can do it without blinking an eye and it is not really a big deal for me, but this is me and I am not everyone so it is not going to be that easy and we are not going to see everyone reacting the way I do.

This isn't because I am some sort of great trader or investor, that's mainly because I have been around for far longer than most other people and investing wasn't easy at the start for me as well, then it became easier over time, given enough time to those people they would have the same result as well but they would need time.

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July 12, 2023, 12:19:06 AM
 #72

At the end of the day @OP, it is your hard work and smart moves that will make you prosper, Bitcoin is just a tool for you to use and get profit depending on what kind of action you did in every situation.  I agree that since Bitcoin is still in its early phase, it can be an opportunity to make our dream come true but I would like to state that Bitcoin is not only the one option to prosper, there are lots of ways.  But the one deciding factor whether we will be successful to achieve our dream is our own actions and dedication.

This speaks of volume and as you have said, our success depends solely on our actions and efforts to achieving our goal and purpose. Bitcoin is still in it's early phase because I believe not upto 0.01 percentage of the world population have adopted bitcoin (correct me if I am mistaken with respect to the world population percentage)
Although the earliest adopters have benefited hugely from it but still then, there are still Huge benefits from bitcoin as it is gradually growing in price value. OP would need to focus on it if he or she wants to get something out of it with commitment, drive and passion for it, definitely the outcome or result would be worth it.

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August 10, 2023, 01:55:45 AM
 #73

investing in bitcoin is of course very risky, but indeed in any business there is always a risk as well as investing in btc which will definitely be risky. but indeed if our want to be successful we have to take risks, and I think what you are doing is a good thing because you are planning to hold btc for the long term so at least you have hope for a better future. I hope that you will benefit from your investment.

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August 10, 2023, 02:10:09 AM
 #74

Learn everything your teacher says, he has paved the way for you to make money from technological progress. Bitcoin can bring profit if you understand how to use it, the biggest advantage you have is having a mentor who is very friendly and understands your family's condition. All types of investments have risks, so basic knowledge is needed in investing to avoid risks that can come to you at any time.
The best way you can invest slowly depending on your financial condition, the money you collect little by little can be stored in the form of Bitcoins in the long term. Try to do as your teacher said, you will feel great benefits when Bitcoin has reached a new ATH.

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August 10, 2023, 02:29:46 AM
 #75

You have a good teacher giving you a cell phone so that you can make good use of your cell phone.

I think your teacher is a BTC investor I think you can add knowledge about BTC to him, by investing in BTC of course you can potentially get profits in the future, provided you also have to be prepared for the risk, because we won't know the price of BTC in the future front. By using half of the money you have from your hard work to invest in btc, of course that is a good thing because investing in btc will be very good if you use idle money.

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August 10, 2023, 06:42:50 AM
 #76

It's good to see that your teacher has advised you about investing in Bitcoin, I would like to know more about how they learnt about Bitcoin in the first place. Now you should also be careful whether you are getting a steady source of money to buy Bitcoin and if not you should get a job to stabilise the daily or monthly income first. Then start investing on Bitcoin.

Also don't be stubborn to always buy but also buy back and sell to make sure you are taking advantage of the profits.

 
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August 10, 2023, 08:02:37 AM
 #77

You have a good teacher giving you a cell phone so that you can make good use of your cell phone.

I think your teacher is a BTC investor I think you can add knowledge about BTC to him, by investing in BTC of course you can potentially get profits in the future, provided you also have to be prepared for the risk, because we won't know the price of BTC in the future front. By using half of the money you have from your hard work to invest in btc, of course that is a good thing because investing in btc will be very good if you use idle money.
Well that's one hell of a rare teacher, there are millions of teachers who still reason by the old ways, go to school, become a lawyer or a doctor, I am thinking that this teacher is a smart one, his way of reasoning is surely not like the others.

I expect someone like him to tell OP to face his or her studies and stay away from anything that's not government-approved, he is lucky he have a good teacher, if not, he would have been discouraged.

Let's hope his plan goes perfectly executed and his dream comes true, I have all my hopes on Bitcoin too, and can't wait for 2025 to bring me amazing gains.
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August 10, 2023, 08:50:00 AM
 #78

I am a member of a poor family. My parents work hard to sustain our household, But the family was not able to live properly with their income. Even my studies were canceled due to lack of money. Depending on my previous  academic results my college teacher convinced my parents to enroll me in college.  Later my teacher gifted me a smart phone. Then, my teacher explains to me about Bitcoin and how one can earn money from it. He tried to give me an idea about Bitcoin and assured me that if I know about Bitcoin and invest in it, I can earn good amount of money in the future which will remove my poverty. Since then, I make efforts to learn about Bitcoin. Besides, my teacher advice me about the Bitcointalk Forum where I can find extensive information about Bitcoin. He also mentions several other advantages. Intrigued by his words, I create an account on the Bitcointalk Forum website and try to gain knowledge about various important Bitcoin-related topics. Observing the discussions on the Bitcoin Forum, I become truly fascinated.

I have learned to understand that any type of investment is risky but want to risk something that has the potential to change my financial situation. With this aspects bitcoin is much worthy to invest.

I am trying to collect money to invest in Bitcoin for this I have decided to do agricultural work on other people's land and dreaming of investing some of the hard earned money in Bitcoin regularly. My money is small so I am trying to hold bitcoin for long term so that I can fulfill my dream.

I firmly believe that there is a possibility of achieving a large amount of money in the future. My teacher advises me to hold my investments on bitcoin for longer period ‍so that i can achieve the greatest success in my life.
I can see your burning desire to escape poverty is high going by the way you've expressed yourself through your post. Your hopes are high and it's not bad to have high hopes on something especially for bitcoin which is legit but did your teacher also schooled you on the challenges that accompanies bitcoin investors. Did he said anything about volatility to you?

More so, bitcoin investment is not only about putting in money it also task  patience from you, and when I say  patience I mean a long time with your investment portfolio and some people in the mean time claim to have the patience to hold but later deviate because they lost patience after volatility might have made a mess of their target years with a long bearish market.  If you can give 5-10 years time with a good investment portfolio in bitcoin your dreams could come true.

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August 10, 2023, 08:58:51 AM
 #79

You have a good teacher giving you a cell phone so that you can make good use of your cell phone.

I think your teacher is a BTC investor I think you can add knowledge about BTC to him, by investing in BTC of course you can potentially get profits in the future, provided you also have to be prepared for the risk, because we won't know the price of BTC in the future front. By using half of the money you have from your hard work to invest in btc, of course that is a good thing because investing in btc will be very good if you use idle money.
Well that's one hell of a rare teacher, there are millions of teachers who still reason by the old ways, go to school, become a lawyer or a doctor, I am thinking that this teacher is a smart one, his way of reasoning is surely not like the others.

I expect someone like him to tell OP to face his or her studies and stay away from anything that's not government-approved, he is lucky he have a good teacher, if not, he would have been discouraged.

Let's hope his plan goes perfectly executed and his dream comes true, I have all my hopes on Bitcoin too, and can't wait for 2025 to bring me amazing gains.
There is no denying that the potential of bitcoin is huge and the price increase is almost certain, but after all, we have no proof for that and it is all hope. So putting all hope in bitcoin is not a wise decision. I mean, if it doesn't go as we expected, we'll be very disappointed. So always prepare yourself with a plan B so you don't have to be too confused if things don't go as planned. All predictions and expectations point to 2025, but what if bitcoin doesn't rise by that time? Would you still believe in bitcoin and keep holding it? We need a plan for that.

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August 10, 2023, 09:05:30 AM
 #80

investing in bitcoin is of course very risky, but indeed in any business there is always a risk as well as investing in btc which will definitely be risky. but indeed if our want to be successful we have to take risks, and I think what you are doing is a good thing because you are planning to hold btc for the long term so at least you have hope for a better future. I hope that you will benefit from your investment.

Don't just hope that other people will be able to benefit from long-term investments in Bitcoin, but if you already have the financial ability and knowledge to understand the risks of investing, try investing yourself and then hope for profits because it will be much better than you pray for people others for profit. Apart from that, the person you are praying for will also not give you anything after he makes a profit, so move and pray for yourself in any case including Bitcoin investment.

Risk is something that must be faced in several ways, and as long as investors understand this very well, I think any investor will continue to invest without listening to unfavorable words from other people. Now this is still a pretty good opportunity for everyone to continue buying Bitcoin as seed capital for investment in the next year, because talking with evidence is something very extraordinary than just talking without doing anything.

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