Mpamaegbu
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October 02, 2023, 07:22:07 AM |
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even last year February when i was just a few month old in experience, when the Ukraine Russian war drove down the price of Bitcoin to 15k most people lost hope. people where saying all sorts of discouraging word about Bitcoin and the crypto industry, I still have faith, and Bitcoin proves me right, he rallies back without remorse.
Except something upstages Bitcoin during this incoming halving not to push it to a fresh ATH (like the disappointment we saw with Litecoin halving a few months ago), chances are still high that Bitcoin will continue to get new fans and price will continue to spike. In the past, that has been the path Bitcoin has been on – Bullish. Bitcoin is a phoenix. Anyone underrating as it's now isn't doing themselves any good. Buy now and wait for the spike to come. one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless.
I don't believe in that philosophy of accumulating wealth for generations unborn. It's this type of stuff that makes one pile up unnecessary pressure on oneself. Live life intentionally, and away from unnecessary anxiety. Before now, more than a decade ago, none of us knew there would be a tech as Bitcoin. What if our forebears had accumulated cowries or other types of monetary stuff for us several years ago and now Bitcoin is coming to seemingly displace them? What if in the next decade Bitcoin whittles away? What if it happens? Anything is possible in this industry.
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Fundamentals Of
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October 02, 2023, 07:33:50 AM |
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one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless.
I don't believe in that philosophy of accumulating wealth for generations unborn. It's this type of stuff that makes one pile up unnecessary pressure on oneself. Live life intentionally, and away from unnecessary anxiety. I think I understand what you're trying to say, but I also know how hard life is to a lot of people. I myself grew up under difficult circumstances. So if there's a way which I think will make my sons and daughters and grandchildren live a much better life, I'd be very glad to have it. If there's something which I can do at present to make my children, and possibly grandchildren as well, avoid the kind of life that I lived when I was little, I would do it. And I agree with OP that Bitcoin is one of the best gifts to our children. OP didn't say they are yet to be born. But whether they're already born or not, accumulating Bitcoin little by little at present might somehow assure them of a brighter future. We are not 100% sure, but we trust Bitcoin, we trust its growth and adoption, and we'd do anything for our children.
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bakasabo
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October 02, 2023, 07:50:43 AM |
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No wonder why people compare bitcoin with a spring, as its price always bounce back after squeeze. But that is only a visualization of Bitcoin price. Personally, I would not say that Bitcoin always fight back. For me it is more a speculative resource right now. It is not a spring, its does not fight back, its price shows that it can be manipulated, controlled or influenced.
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Nrcewker
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October 02, 2023, 07:54:47 AM |
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Remember the golden rule mate, never sell these high valued Bitcoins. These coins are very rare and a time will come when the price will be skyrocketing and there will be huge demand of the coin. So just hold it for that long and you will see tons of profits. You are in the crypto space for past 2 years, I have been here for more than 8 years, I have witnessed Bitcoins valuing from 400$ to 69k usd. So yes the coins have capabilities. So just hold the remaining coins as long as you can.
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Sayeds56
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stead.builders
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October 02, 2023, 09:02:33 AM |
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When I think of the few Bitcoin I have, it gives me joy.
All In all, All what Bitcoin have been through from the hand SEC, government and external issues that affected it, It still stands strong, one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money
I agree with your observation that Bitcoin has history of resilience, consistently recovering from significant market declines, even as much as 85% drop during the bear market phases. Today, it is showing impressive performance by surging over $1000 and currently trading above $28,350 surpassing its 200 day moving average (DMA). Hopefully, it stays around this level for few more days and closes the weekly candle above $28,500, which could signal a potential bullish reversal in the market.
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Mpamaegbu
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October 02, 2023, 10:05:55 AM Last edit: October 03, 2023, 07:46:49 AM by Mpamaegbu |
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~snipped~
If there's something which I can do at present to make my children, and possibly grandchildren as well, avoid the kind of life that I lived when I was little, I would do it. This isn't to dissuade you or anything of such. We all have our perspectives to life issues and they differ. Of course, if our perspectives were the same; that will bore everyone. Let me quickly share something with you. There was this top politician in my country. He had many properties littered across the country. Properties in the hotel and tourism sector that ran into billions per location. He became old and weakened in health and mobility that he sent for his children back home and pointed those properties to them so they could take over their management. You know what happened? Your guess could be as good as mine or may be not. His children refused everything! In fact, they said the massive properties were obscene. They queried their Dad why he had to acquire such. They said they wanted to lead a very simple life and had no time for ostentatious living. They left the old man and flew back to their base abroad. The man became depressed. That was a man who accumulated so much for his children to safeguard their supposed future.
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| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
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Lida93
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October 02, 2023, 10:51:10 AM |
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No matter what scheme the SEC and the government do use they can't penetrate into the bitcoin network to distort the decentralization of the system or have any form of influence over it. Their area of influence it's with the exchanges which may in turn affect the price of bitcoin. So no offense, bitcoin by it's decentralized system will always fight back to regain a bullish price after a period of bearishness. Unlike other pump and dump altcoins bitcoin has proven to be dependable and it's only wise to try and accumulate as much as we can for the future of bitcoin is something we will all smile at, but while you accumulate make sure to do so in a safe offline wallet keeping your seeds phrase intact.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Yamifoud
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October 02, 2023, 11:11:16 AM |
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Investing in Bitcoin never gives us an instant profit but future gains which is why it is considered as suitable for long-term investment, not in short-term deals. Yes, Bitcoin dumps but always fight back that is why we don't have a reason to be worry despite the troubling situation of the market because we believe that it will recover and we won't lose any if we just hold. That is somewhat a positive feature of Bitcoin and we can't lose hope for this project because it has been proven already so many times.
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Sayeds56
Copper Member
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stead.builders
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October 02, 2023, 04:25:20 PM Last edit: October 02, 2023, 06:34:17 PM by Sayeds56 |
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No matter what scheme the SEC and the government do use they can't penetrate into the bitcoin network to distort the decentralization of the system or have any form of influence over it. Their area of influence it's with the exchanges which may in turn affect the price of bitcoin. So no offense, bitcoin by it's decentralized system will always fight back to regain a bullish price after a period of bearishness. Unlike other pump and dump altcoins bitcoin has proven to be dependable and it's only wise to try and accumulate as much as we can for the future of bitcoin is something we will all smile at, but while you accumulate make sure to do so in a safe offline wallet keeping your seeds phrase intact.
You have accurately highlighted the decentralization nature of Bitcoin's inherent character that makes it resilient against regulatory actions frequently taken by Security and Exchange Commission (SEC). It is true that such actions of SEC can influence Bitcoin market price for short term. Nevertheless, the historical performance of Bitcoin and price patterns reveal that eventually such market downturn trends eventually subside, and market begins its recovery.
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Casdinyard
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2023, 05:59:15 PM |
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When I think of the few Bitcoin I have, it gives me joy.
For the past 2years I have been into cryptocurrency, I have come to understand that Bitcoin doesn't just give you value, it also gives you security, even last year February when i was just a few month old in experience, when the Ukraine Russian war drove down the price of Bitcoin to 15k most people lost hope. people where saying all sorts of discouraging word about Bitcoin and the crypto industry, I still have faith, and Bitcoin proves me right, he rallies back without remorse.
All In all, All what Bitcoin have been through from the hand SEC, government and external issues that affected it, It still stands strong, one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money
Welp it’s just one of the few benefits to heing a bitcoin investor/holder. Compared to other currencies you always have the guarantee that come rain or shine your coin will prevail over time thanks to its secure nature price-wise. That has been the case for a very long time now and it’s only quite recently that people started noticing its effects. Anywho, keep at it my friend, you’ll to far. The fact that you knew to hold than let yourself get carried by the fus wave is more than enough evidence you’ll make it in this industry if you put your mind on it!
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Fundamentals Of
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October 03, 2023, 01:19:53 AM |
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~snipped~
If there's something which I can do at present to make my children, and possibly grandchildren as well, avoid the kind of life that I lived when I was little, I would do it. This isn't to dissuade you or anything of such. We all have our perspectives to life issues and they differ. Of course, if our perspectives were the same; that will bore everyone. Let me quickly share something with you. There was this top politician in my country. He had many properties littered across the country. Properties in the hotel and tourism sector that ran into billionaires per location. He became old and weakened in health and mobility that he sent for his children back home and pointed those properties to them so they could take over their managements. You know what happened? Your guess could be as good as mine or may be not. His children refused everything! In fact, they said the massive properties were obscene. They queried their Dad why he had to acquire such. They said they wanted to lead a very simple live and had no time for ostentatious living. They left the old man and flew back to their base abroad. The man became depressed. That was a man who accumulated so much for his children to safeguard their supposed future. That's a sad story. Something must be wrong along the way. The dad could have gone too far, but it's a question of values when children fail to see the efforts of their parents and leave them when they're old and weak. Either way, I think it's generally better for parents to have something left for their children than nothing. It's generally better for a mother and father to think of their children's future and even do some preparations for it. I don't know if this is just in my culture, but it's probably natural even. I have read many times about discussions on Bitcoin being a generational wealth and how to safely store them for their children's future.
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Blitzboy
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October 03, 2023, 02:21:14 AM |
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~snipped~
If there's something which I can do at present to make my children, and possibly grandchildren as well, avoid the kind of life that I lived when I was little, I would do it. This isn't to dissuade you or anything of such. We all have our perspectives to life issues and they differ. Of course, if our perspectives were the same; that will bore everyone. Let me quickly share something with you. There was this top politician in my country. He had many properties littered across the country. Properties in the hotel and tourism sector that ran into billionaires per location. He became old and weakened in health and mobility that he sent for his children back home and pointed those properties to them so they could take over their managements. You know what happened? Your guess could be as good as mine or may be not. His children refused everything! In fact, they said the massive properties were obscene. They queried their Dad why he had to acquire such. They said they wanted to lead a very simple live and had no time for ostentatious living. They left the old man and flew back to their base abroad. The man became depressed. That was a man who accumulated so much for his children to safeguard their supposed future. You see, life itself can be a gamble. When we stack our chips, sometimes in the form of properties worth billions, we're sort of betting on a certain outcome, arent we? This politician played a high-stakes game, assuming his children would willingly accept his amassed wealth. He bet big, but alas, the outcome was not in his favor. Now, if we flip the coin and assume he’d gambled in a more traditional sense, learning the art of poker or diving into the strategic world of betting, he might have found that the essence of gambling is to enjoy the process and not just the outcome. You gamble with what you can afford to lose. What if, in his youth, he had placed equal bets on diverse life experiences, not just stacking bricks of properties? Could the spread-out risks (just like wise bettors place their stakes on various outcomes) result in a different final emotional ROI? A lighter portfolio but maybe, just maybe, heavier connections?
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Xampeuu
Full Member
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October 03, 2023, 02:26:05 AM |
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When I think of the few Bitcoin I have, it gives me joy.
For the past 2years I have been into cryptocurrency, I have come to understand that Bitcoin doesn't just give you value, it also gives you security, even last year February when i was just a few month old in experience, when the Ukraine Russian war drove down the price of Bitcoin to 15k most people lost hope. people where saying all sorts of discouraging word about Bitcoin and the crypto industry, I still have faith, and Bitcoin proves me right, he rallies back without remorse.
All In all, All what Bitcoin have been through from the hand SEC, government and external issues that affected it, It still stands strong, one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money
Welp it’s just one of the few benefits to heing a bitcoin investor/holder. Compared to other currencies you always have the guarantee that come rain or shine your coin will prevail over time thanks to its secure nature price-wise. That has been the case for a very long time now and it’s only quite recently that people started noticing its effects. Anywho, keep at it my friend, you’ll to far. The fact that you knew to hold than let yourself get carried by the fus wave is more than enough evidence you’ll make it in this industry if you put your mind on it! Bitcoin can indeed be used as an inheritance, and as a long-term investment for our children, it is indeed suitable. Imagine if our children grow up and tell us about it, whereas currently our children are not yet in school, of course it will be a guarantee for their lives, at least guaranteed for their education costs until they graduate from university. and by teaching it slowly from an early age, they will be able to manage their assets well so that they continue to grow
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Luzin
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October 03, 2023, 02:47:44 AM |
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~snip~ Bitcoin can indeed be used as an inheritance, and as a long-term investment for our children, it is indeed suitable. Imagine if our children grow up and tell us about it, whereas currently our children are not yet in school, of course it will be a guarantee for their lives, at least guaranteed for their education costs until they graduate from university. and by teaching it slowly from an early age, they will be able to manage their assets well so that they continue to grow
I slightly disagree if children are taught knowledge about crypto investments. Maybe simple things related to technology will be more useful. But for long-term investments, parents have the utmost responsibility. So I tried to set aside a little for my son's future. I think it's in my teens a pretty good time to start introducing crypto investing. Children is the right time to meet basic needs. This is so that children can develop well mentally and emotionally.
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CryptoBuds
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October 03, 2023, 03:21:49 AM |
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~snip~ Bitcoin can indeed be used as an inheritance, and as a long-term investment for our children, it is indeed suitable. Imagine if our children grow up and tell us about it, whereas currently our children are not yet in school, of course it will be a guarantee for their lives, at least guaranteed for their education costs until they graduate from university. and by teaching it slowly from an early age, they will be able to manage their assets well so that they continue to grow
I slightly disagree if children are taught knowledge about crypto investments. Maybe simple things related to technology will be more useful. But for long-term investments, parents have the utmost responsibility. So I tried to set aside a little for my son's future. I think it's in my teens a pretty good time to start introducing crypto investing. Children is the right time to meet basic needs. This is so that children can develop well mentally and emotionally. I even strongly oppose the idea of teaching children about investing when they are too young, it will only cause them to have a dim future rather than a bright future like many people who have never had children are still imagining. If we really have enough faith in bitcoin, we might just give them some long-term savings in bitcoin. When they are old enough, teach them about bitcoins and give them the bitcoins we have set aside for them. I have been doing that for my 2 sons, instead of saving in fiat currency, I am using bitcoin and gold. When they reach adulthood, I will teach them about bitcoin and finance.
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TheSpiral
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October 03, 2023, 05:11:56 AM |
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Your success become possible due to your faith in bitcoin and as you did not change your decision so very soon you will get fructiferous consequences when the market become boom again. Bitcoin investment is for everyone but everyone cannot get profit from it as one who cannot keep check on their feelings will be set lonely without money.
We can present a bitcoin in front of our children as a gift but just presenting bitcoin is not enough, giving education about it is also very important. There is no other currency which we can give our children as a gift because as the time flows it devaluates but bitcoin always will help you no matter how higher the inflation is.
You can sell bitcoin if you want but selling other asset will require buyer for which you will create an interest about that assets in buyer which is not a part of bitcoin buying and selling.
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Kakmakr
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October 03, 2023, 05:21:27 AM |
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Yes, we must be optimistic about the technology that we love.. but we should also be realistic. The technology should not just be focused on "price" and "profit" but rather what use case it can unlock for people that have challenges with other financial options. There are millions of un-Banked people out there and we should find solutions for these people to bring them into the economy. Bitcoin should also change people's lives and put them into a better financial position. (Inflation buster) ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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TakeItEasy
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October 03, 2023, 05:56:33 AM |
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When I think of the few Bitcoin I have, it gives me joy.
For the past 2years I have been into cryptocurrency, I have come to understand that Bitcoin doesn't just give you value, it also gives you security, even last year February when i was just a few month old in experience, when the Ukraine Russian war drove down the price of Bitcoin to 15k most people lost hope. people where saying all sorts of discouraging word about Bitcoin and the crypto industry, I still have faith, and Bitcoin proves me right, he rallies back without remorse.
All In all, All what Bitcoin have been through from the hand SEC, government and external issues that affected it, It still stands strong, one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money
The bitcoin even didn't regain its original position after the Ukrain war till now, as bitcoin was above $60k, so what be done with the people who have bitcoin above $50k, and they still holding it and even some of them sold it in a big loss. I'm not saying bitcoin can't get its position, but it is giving us a tough time since one year. And if we believe in bitcoin, we surely have to store it for our families and for our coming generation. As mostly crypto is evolving all over the world, and some of the countries are accepting crypto now, which in the past were against cryptocurrency, this is also a positive step in the world of cryptocurrency, and also for the benefits of bitcoin.
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stadus
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October 03, 2023, 06:28:59 AM |
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Very well said. Everyone must realize that although Bitcoin is very volatile, it's still considered to be one of the safest investments. If we follow the journey of Bitcoin, we wouldn't be surprised anymore if it dumps big time, as it has happened in the past many times and has even been declared 'dead' many times. But look at Bitcoin now; it's starting to be bullish, and with this trend, sooner or later, $30k might be achieved again.
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Benedictare
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October 03, 2023, 08:02:54 AM |
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one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless.
The creation of Bitcoin by Satoshi, was properly taught of and well designed to meet, solve and conquer financial problems of individuals,assist the average, poor, somany countries and so it is very difficult to be affected by crisis or any countries economy financial challenges. Bitcoin stand firm in all its battle in the crypto world. In terms of investment, it is nor all for price of trends to be fluctuating so investors should be patience and always think and be positive always in other to achieve your dreams
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