Assiduous (OP)
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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.
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Zaguru12
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July 07, 2023, 02:17:54 PM |
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Welcome to the forum mate, your story is quite touching just like many others have similar story.
Bitcoin has many benefits and one of them is the fact that it grows in profit if invested in for a long time. But to be frank with you, bitcoin is not the solution to your predicament right now. The first things you are to do is to look for an income generating business. Then if you have some substantial amount you can decide to save some to invest in bitcoin that is if the other part of the income can help cater for your basic needs.
Looking towards bitcoin for poverty alleviation is bad because even if you invest the little money you have in bitcoin you wouldn’t be able hold for long because your condition won’t warrant it and one of the top tips to invest in bitcoin is to invest an amount you can afford to lose; so ask yourself this question the income you get from your agricultural earnings can you afford to lose them.
Also Bitcointalk forum actually has some benefits aside learning about bitcoin freely which is to earn some bitcoin or other coins through signature campaign. Aside that it needs you to rank up your account, it is still not guaranteed to be used as the main source of income.
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Smartvirus
Legendary
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Merit: 1151
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July 07, 2023, 02:34:46 PM |
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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.
One thing I was trying to understand is how the poor that basically operate a system of from hand to mouth for a means of survival would have a good enough amount to invest in bitcoin and hodl for a long term. Good enough you’ve devised a means and seems willing to go through the stress of not having yo enjoy your immediate earnings in hopes of better tomorrow. I do hope that works for you, still I feel you’re putting a whole lot of expectations on the innovation and I hope you understand that it takes a lot of time for this sort of expectation to come through. Welcome to the forum and hope you do well here.
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Yogee
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July 07, 2023, 02:41:59 PM |
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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.
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woez
Member
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Activity: 497
Merit: 48
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July 07, 2023, 02:48:48 PM Merited by fillippone (1) |
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A real teacher. Not only teachers but also the first person to open their eyes and direct you starting from introducing BTC and participating in this BTT forum. Yes. surely your teacher has been deep into this crypto world for a long time. especially BTC. That's right, what you wrote about the crypto world is very volatile, the market often changes faces. However, with basic knowledge and TA analysis it will be easy to read where the market is going. and it's true like you said Bitcoin is the road to Prosperity for Dreamers who are Determined and have a mentality.
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Ojima-ojo
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July 07, 2023, 02:50:42 PM |
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According to your story, it means you are equally not financially stable since is your teacher that gifted you the smartphone you are using to connect to this forum, so with all these financial limitations you mentioned in this thread.
How do you intend to put up the money to invest in Bitcoin, because you stated you feed from your parents meaning you are dependent and you did not mention that you were either employed or operate a business?
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Poker Player
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Activity: 1554
Merit: 2216
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July 07, 2023, 02:52:53 PM |
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This is the second story on this forum that reminds me of Swiss cheese in a short time. Well, the point is that the thread is going to be full of people congratulating the OP and he might even get some merit, but I'll stick to my thing: 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.
The way to make money with Bitcoin is by capital appreciation, and to earn a significant amount, you either have to invest a significant amount as lump sum or you have to spend many years investing small amounts and not touching the investment. Depending on how small they are it could be more than a decade. Holding on without selling for so long when you see that you have profits (or sudden losses) for someone who has a delicate situation is not easy, and I would say that few, if any, manage to do it. As I am in the habit of not believing everything I read in the forums, I will tell you that assuming your story is true and not just another one of the invented stories of this style that appear in this section every now and then, you should focus on improving your economic situation in a global way, in which the Bitcoin is only a part, although an important part of the plan. Don't bet everything on one card. 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.
I think you are playing the saint here. I agree.
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CryptSafe
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July 07, 2023, 02:55:43 PM |
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At first I will welcome you to bitcointalk platform as I see you are a newbie. You are absolutely on the right track and there is no cause for alarm. All you have heard from your teacher is not different from the truth. You can learn about bitcoin here as that is the major aim of this platform. Not only that, you would come in contact with people vast and wide with bitcoin experience who would enlighten you through their posts and replies. What you just have to do as a newbie is to take out time to read and learn how things works here. Knowing the forum policies too would help you scale through onboard this platform. It would guide you through to getting to know what to do and how to do it. You can as well ask questions as a newbie here so you could get answers to anything you want to know. I would advise you to properly Understand how bitcoin works well before investing so as not to be taken unawares of the market situation or better still you take out time to grow up here through ranks so you could be able to work and earn bitcoin as payment for your services rendered.
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rby
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July 07, 2023, 02:57:10 PM |
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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 have read that you are from a poor background, that you barely feed well. So, I doubt you will be able to raise a good money to dump in bitcoin for some years before having a good reward. At some point in time you will be needing such money to solve some immediate problems. If there is anything you do to earn, such as the agricultural thing you are talking about, just double your efforts there and earn real money. It will be far better than having a high expectation of bitcoin whose price is not stable. 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.
We have heard much of this your teacher. Don't you think it is time you make independent decisions in order not to blame your teacher much incase of investment failure. Research about bitcoin and make your decisions. But my advice is that those who made good fortunes from bitcoin were the early adopters who didn't look the altcoin ways. For bitcoin to be able to make you super rich now, you must be rich already and willing to invest substantial amount into bitcoin.
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cabron
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July 07, 2023, 03:43:13 PM |
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Then be a determined dreamer and keep your dream alive.
Your teacher may be right about it but this is also if you know when to sell the BTC you hold at the right time. Since you want to hold your coins for a long time, it would just be easy as you only need patience for it. This also needs to be learned. If you wanted to be equipped with knowledge, learning to trade currencies like BTC is the way. There are many people who already provide insights on how to do it.
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Faisal2202
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July 07, 2023, 04:05:08 PM |
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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.
I am shocked to read that your teacher gifted you smartphone and advised you to invest in BTC and even helped you to start an account here on BTT. Because in my school, college and university life. I never encountered any teacher who could sacrifice that much instead my teachers always blamed smartphone and used to said, these devices are the main reason that you students are not giving any importance to studies. And still your teacher bought you one and guide you I am really happy and jealous too because you have got a gold heart teacher there. I hope we could have the same teacher here too. 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 also have strong belief that BTC will change ones fortune by helping them to fulfill their dreams. In my time here on BTT, i read many good stories about how people have meet their daily expenses using BTC and also facing the expenses of their families and studies. Even i am also meeting my and families expenses on my own from the earning that i made here.
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taufik123
Legendary
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July 07, 2023, 04:22:33 PM |
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I am curious about your teacher, is he an expert in Bitcoin or just a newbie member who is like you and is in this forum? As motivation, this would be great, and this is your first post.
If what you said in the story is true, then you should really learn how to do financial management to achieve what you want.
Investing in Bitcoin looks easy, but for those who are afraid, this would be the last place to invest. Bitcoin is good for the long term and not good for those who panic too much.
You may be able to implement DCA, and every certain time you buy Bitcoin regularly, it will help you get a better-accumulated price.
A person's life will change depending on how they strive to change things for the better.
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OgNasty
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July 07, 2023, 04:35:05 PM |
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While holding Bitcoin can indeed be life changing if bought and sold at the right time, I think better than that would be building a business that utilizes Bitcoin in a new way to solve problems and bring value to your customers. The potential to build successfully in this new economy might be the real way to prosperity for generations.
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Fiatless
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July 07, 2023, 04:44:06 PM |
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How do you intend to put up the money to invest in Bitcoin, because you stated you feed from your parents meaning you are dependent and you did not mention that you were either employed or operate a business?
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. Op indicated that he will be working in some agricultural lands maybe as a labourer to earn some money he will use to invest in Bitcoin. 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.
We have heard many such stories in this forum but I believe you. Believing or disbelieving you will cause me no harm. But I want to encourage you to be strong and keep believing that you can come out of poverty through hard work and dedication. There is no assurance that Bitcoin will make you rich because the price is unpredictable and your investment might be too small to give your much profit. Focus on your academics and graduate with good grades. This will enable you to get a job that can help you raise more money to invest not only in bitcoin but in other profitable investments available to you. Welcome to the forum Assiduous.
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ElmedoRator
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July 07, 2023, 04:52:03 PM |
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I want to be more realistic about the story of bitcoin in particular and the crypto market or other investment market, because everything that happens in our lives is very fair and you work hard to learn and invest in both knowledge, health, money, ... then you will get the results you deserve. I am not a dreamer with profit as well as distant goals, but seeing the participants talk about huge profits, that's why I think they are going down the wrong path lose. Knowledge in this field is a lot, and sometimes just a few skills of economic analysis, project evaluation can also help you get good profit opportunities with this market.
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BIT-BENDER
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July 07, 2023, 05:55:13 PM |
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Bitcoin was made for more than just that, if you are a determined goal getter you don't necessarily need to be into Bitcoin in other to achieve wealth, I think this is a newbie thought and can actually lead to crushed dream rather than a brighter dream.
The first principle I have is that I always want to see Bitcoin as a financial system ungrade to that of the normal traditional system, and any other benefits you can get from Bitcoin is secondary, I think the more successful Bitcoin investor were rich even before the got into Bitcoin
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Hatchy
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July 07, 2023, 06:39:43 PM |
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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.
That's one of the issues we have with people always trying to hide the negative side of Bitcoin. It's true that Bitcoin can earn you good money, but one thing your teacher didn't tell you is that, Bitcoin can also ruin your future. Investing in Bitcoin doesn't make you rich but makes you a holder of Bitcoin. If it's value appreciate, your luck. But if it doesn't or even depreciate then you end up loosing your investment and run at a loss. 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.
For someone from a poor background who's family struggles to sustain a household. Now you intend on investing in Bitcoin, when you should be planning on how to help your parents reduce the stress at home. In life there's a time for everything. I do think that your parents are trying but they too would need a little assistance.
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Cryptomultiplier
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July 07, 2023, 07:23:56 PM |
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A determined dreamer should know that taking risks with any little funds they have, to chase bigger cash returns, by investment in BTC or cryptocurrency, may soon get derailed in their focus when market volatilities that are unprecedented set in. If you have already gained the knowledge of how to get profits from buying crypto or BTC in particular, and you have the device to gain internet connectivity, then this could help you realize small profits from trading. The risks of losing more is greater though, I must warn. That is why the best advice you would often get here is to buy and HoDL.
The pain of being patient for the HODLings to mature is what seems too unrealistic to many, especially those who don't know how to save or have too little to live on, let alone buy cryptocurrency.
I wouldn't discourage you from trying out your idea. You will learn in the process of doing so.
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passwordnow
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July 07, 2023, 07:31:31 PM |
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While it is true that many have changed their lives through investing in Bitcoin. I think it's a good determination but think of it that it's not an easy journey for you. Your teacher has given you the idea and that's a good one that has been shared with you. And as you work in the land of other people, you'll see your struggle as your inspiration for a better life. You're grabbing every opportunity that you can but do not forget that you should only invest what you afford to lose.
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BitcoinPanther
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July 07, 2023, 07:53:26 PM |
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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.
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