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Author Topic: Bitcoin can change lives  (Read 1085 times)
BD Technical
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October 09, 2023, 12:31:23 PM
 #61

These geniuses will not lead others to destruction by predicting the future with digital currency in their own way.  It may be that someone invested 1000 dollars in your words but it came to half price after few years.  And no one has been able to predict the future of crypto until now.  And you are saying it yourself.
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October 09, 2023, 01:14:15 PM
 #62

Having Bitcoin gives us some hope that we can make our lives better and it does. What happened to those early investors who now become rich, they become an inspiration to the newcomers believing that it will happen to them as well. More and more people are coming because they see how it changed the lives of old investors. But guess what, it also creates regrets for some people who heard it before but ignored it as they think it was a scam.

If some people had seen the benefits of Bitcoin, I don't think we have a reason to set aside this opportunity.



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October 09, 2023, 02:11:33 PM
 #63

Bitcoin can change lives and it can also save lives, I wonder what the economic situation will be in countries where there is war right now, their currencies will be greatly affected than ever before, this is where Bitcoin will be very useful, I believe it's better to still use Bitcoin to store your money, even if you travel out of the country your money will still maintain good value thanks to Bitcoin, it's just that people learn the hard ways.

Bitcoin is the only thing that beats the inflation right now and also been a decentralized currency makes a lot of sense to me, even if Bitcoin turns into stablecoin I will still use it every time because of its decentralized nature, people don't know how useful Bitcoin is until it's too late, your Paypal and Mastercard can't save you from certain situations in the real world, only Bitcoin can.

Many people around me failed to aid my advice and now they are seeing things crumbled right in front of their eyes, now they don't even have enough to invest in Bitcoin, because the situation of my country is very bad and still crumbling, I might have to leave in future but thanks to Bitcoin my money, everything I've made is saved because of Bitcoin, I hope people learn before it's too late.
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October 09, 2023, 02:29:51 PM
 #64

Bitcoin can change lives and it can also save lives, I wonder what the economic situation will be in countries where there is war right now, their currencies will be greatly affected than ever before, this is where Bitcoin will be very useful, I believe it's better to still use Bitcoin to store your money, even if you travel out of the country your money will still maintain good value thanks to Bitcoin, it's just that people learn the hard ways.

Bitcoin is the only thing that beats the inflation right now and also been a decentralized currency makes a lot of sense to me, even if Bitcoin turns into stablecoin I will still use it every time because of its decentralized nature, people don't know how useful Bitcoin is until it's too late, your Paypal and Mastercard can't save you from certain situations in the real world, only Bitcoin can.

Many people around me failed to aid my advice and now they are seeing things crumbled right in front of their eyes, now they don't even have enough to invest in Bitcoin, because the situation of my country is very bad and still crumbling, I might have to leave in future but thanks to Bitcoin my money, everything I've made is saved because of Bitcoin, I hope people learn before it's too late.

I really want to know how bitcoin is helping people living in a country at war? Does Bitcoin help end war, does Bitcoin help people avoid bombs and bullets? Furthermore, if bitcoin is the only thing that can beat inflation, what role has gold played over the past thousand years as the world economy collapsed multiple times? Meanwhile, bitcoin has only existed for 14 years. I like bitcoin and I also invest in bitcoin but I prefer to tell the truth, be realistic rather than just exaggerate things beyond what is necessary.

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October 09, 2023, 02:57:54 PM
 #65

These geniuses will not lead others to destruction by predicting the future with digital currency in their own way.  It may be that someone invested 1000 dollars in your words but it came to half price after few years.  And no one has been able to predict the future of crypto until now.  And you are saying it yourself.
We can always analyse the market in our own ways but that does not mean that what we predicted will always come to reality. The crypto market can be very risky that is why we need to make good plans with alternatives for us to earn from the market. The plans we make cam help us in the future if we notice that there is any other alternatives we can make money from the market.  Since the introduction of Bitcoin, there are many people that there lives had changed because they took good use of the opportunity of Bitcoin investment. We can make good profits from the market if we are patient and ready to hold for long.

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October 09, 2023, 03:30:29 PM
 #66

Bitcoin changes people's financial status if he invests in Bitcoin his life improves financially. But Bitcoin cannot change our lives. If we don't choose Bitcoin as our means of getting rich then it will not be good for us. Then you rush to invest bitcoins and you may face losses. So we should not think of getting rich overnight by investing in bitcoins but we should go ahead with time by investing in bitcoins. Then we can achieve success through Bitcoin.  And day by day the popularity of Bitcoin is increasing and people are getting interested in investing in Bitcoin.

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October 09, 2023, 03:36:27 PM
 #67

Talking about the positive 'Bitcoin can change life', I may agree if we are all rich in here. Basically I somehow agree with this plain statement, Poor can  get rich and the rich can be wrecked. If you talk about the potential of bitcoin, be fair and consider the value of time, bitcoin's potential isn't that high these days, quick rich as per the OP, if you wanna be filthy rich with your $1000 go find an altcoin that has totally no use, hyped and influenced by social creeptors. It is crazy how people believed that it is the way to get rich, if you know how it works, you know.
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October 09, 2023, 04:04:18 PM
 #68

While it’s great and all that you’re urging the new generation to invest in the world of cryptocurrencies. It’s not really advisable to put bitcoin onto some pedestal as if it can never do weong and it would only give you benefits and blessings, there’s major risks that come with investing in the cryptocurrency world let alone bitcoin. If you get into this industry with the mindset of only ever earning money without making yourself aware of what the real dangers of bitcoin investment could bring, you’re sure to lose money, and your sanity in the process. So take precaution when tellinvpeople about bitcoin, make sure that you know what you’re talking about.

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October 09, 2023, 07:49:19 PM
 #69

But saying bitcoin changes life is not entirely true because it depends on us. If we simply think that buying bitcoin will make us rich, not many people will lose money investing in bitcoin. Bitcoin is a volatile asset and it will change the lives of those who know how to utilize it effectively.
Very well, I agree with you. As you say, Bitcoin is not necessarily life-changing. It is true that Bitcoin alone cannot fulfil the quality of life. Firstly, the lineage of life change is not related to Bitcoin, because in order to improve or change life, you must put efforts into the real world. Be it any work or any business, a person would be successful as long as he completed the work instead of smart thinking. It means that the success of life depends on effort; whether it is a business or a cryptocurrency (Bitcoin), efforts have to be put into both to change lives.
Just in cryptocurrency, you have to improve your investment or trading strategy as your main aim, and in business, you should base your main aim on what is required according to the standards of this business.

So the point of saying this is that life-changing is not dependent on anything in the sense of improvement; it depends on you and what you are capable of doing. It is true that Bitcoin is not a life changer for everyone, but it is a better medium to change his life easily as compared to physical or a much more effort-intensive business. But it is not obligatory for everyone to get into Bitcoin and change their lives; it is for those who preciously meet up on the required criteria for Bitcoin profit gainers.

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October 09, 2023, 07:59:24 PM
 #70

Bitcoin can not change anyone's life. It is the person himself who can make the right decision. We have a desire for wealth and we will all work to get it. Still very few people become wealthy due to a lack of financial knowledge. We work for money and we think money is our wealth. This mindset motivates us to save our money in the bank when our money keeps losing its value due to inflation. The bitcoin gives us a solution to fight inflation by investing our money in it.









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October 09, 2023, 09:33:02 PM
 #71

Bitcoin can help change people's lives, either for good or bad, depending on what the person wants. But not everyone wants to change their life because of bitcoin. But there are a few who want to try to turn it into a way to change their lives by reaching their desired dreams.

Bitcoin can be an instrument for us in the future if we believe it can give us a good profit or savings. And many believe in this matter, rich or poor; it becomes beneficial to those who believe and can also give hope to other people. Because if we are just researchers, there are many people whose lives have really been changed because of Bitcoin, and until now it has been helping them, and I am one of them.


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October 09, 2023, 10:33:31 PM
 #72

Bitcoin can help change people's lives, either for good or bad, depending on what the person wants. But not everyone wants to change their life because of bitcoin. But there are a few who want to try to turn it into a way to change their lives by reaching their desired dreams.

I agree, even though Bitcoin can change lives, it is all up to people how they want Bitcoin to change their lives.  Bitcoin can give a life-changing profit and also gives life-changing losses.  We all know that in the market, for someone to gain profit, someone has to lose it unless there is a new fund inflow in the market.  That is how the market balance works.

Bitcoin can be an instrument for us in the future if we believe it can give us a good profit or savings. And many believe in this matter, rich or poor; it becomes beneficial to those who believe and can also give hope to other people. Because if we are just researchers, there are many people whose lives have really been changed because of Bitcoin, and until now it has been helping them, and I am one of them.

I also know several people whose lives changed for the better when they got involved in Bitcoin and at the same time people who lost money in the Bitcoin market because of having weak hands. Bitcoin indeed is a great tool for financial gain if only a person believes in it.

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Peanutswar
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October 09, 2023, 10:43:46 PM
 #73

Actually it does if you make a good execution of your investment or trades but again not as always an instant, many people want to make an investment with crypto because they know the chance of getting easy money just hit a good coin most likely the shitcoins but they don't know there's a lot of things need to consider before making an investment with tokens. Will now depends how you make an investment with bitcoin can be use with trading, services etc. Not all people have a good story with bitcoin few of them curse it due to have a mistake with their decisions.

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Asuspawer09
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October 09, 2023, 11:15:05 PM
 #74

Keeping records and history is a very important aspect in the crypto industry, as it helps us know the the event that took place in the past.

So many people, when you suggest investment in the crypto industry, they will tend to make excuses of market volatility and coin performance in 365 days without even doing there own research, what about some years back?

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus,  you would be obviously filthy rich.

I hope that this open the eyes of most newbie's the potential of Bitcoin, if you are already in the Bitcoin market just be happy because this market have a lot more to offer,

The most simple but effective way I use to navigate my way in the market is the DCA method I use, accormulate as much Bitcoin as possible because the bull run will definitely change the history of your finances if you position your self right and wait patiently for the bull run to come .

Still, all of it are just speculation, the market just depends on supply and demand on the market so there is no basis for the market price, the buyers and sellers are just the one that is going to sell the price if they are willing the let go of there Bitcoin or able to hold into it, It wasn't really something like gold that is tangible so we cant really hold into something that is why even though we see this kind of things seeing Bitcoin from .2$ up to today 27k$ it is still a very risky investment that we are not sure if it is still going to exist after a few years. I mean its volatile market could easily drop it if something happened.

Its a great investment but make sure to always invest at a calculated risk, Dollar Cost average is a good start for most investors since they are investing only a small percentage of there salary or income, with that they are only investing money they can afford to loss, if they lose their money they can easily recover from it since it is just a small percentage of there money. And overtime that small amount is going to be big plus it helps you hold until the bullrun since you are still accumulating Bitcoin.

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taufik123
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October 09, 2023, 11:43:35 PM
 #75

Bitcoin can be an instrument for us in the future if we believe it can give us a good profit or savings. And many believe in this matter, rich or poor; it becomes beneficial to those who believe and can also give hope to other people. Because if we are just researchers, there are many people whose lives have really been changed because of Bitcoin, and until now it has been helping them, and I am one of them.

I also know several people whose lives changed for the better when they got involved in Bitcoin and at the same time people who lost money in the Bitcoin market because of having weak hands. Bitcoin indeed is a great tool for financial gain if only a person believes in it.

Not only do they believe in it, but they also need to learn how to invest and trade properly in crypto or bitcoin.
Many of them complain about the many losses in crypto or other coins but the negative impact on Bitcoin, even though Bitcoin is a digital currency that is just like any other, can provide profits and losses depending on how they use it.

Many have experienced many losses due to crypto or bitcoin because they do not know what the risks and advantages are and they just enter without equipping themselves without any knowledge, just enter and guess.

Many also get a lot of benefits and can even have everything they want with Bitcoin or crypto because they can use Bitcoin well and know how to make money from Bitcoin or crypto.
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October 09, 2023, 11:59:40 PM
 #76

Bitcoin has been changing lives. It has changed the lives of many, i.e., those who invested in it or those who were busy gathering it when it was worth little to nothing and have held it patiently till recent years when the price is already worth a fortune.
 
But right now, trying to use this strategy to convince people to get involved in bitcoin is a miss in my country. If you give someone who is short-tempered and patient with you such advice, you might end up being arrested by that same person if he doesn't eventually see that change in time to come as you have predicted.
 
It's always advisable for you to always tell people that bitcoin might give them profit if they invest and hold it for a long time, but telling them it will change their life if they put in a certain amount and get a certain amount in an exact period of time will make bitcoin appear as a Ponzi scheme in the eyes of those you are introducing it to. I really see this as a poor approach.
 

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October 10, 2023, 12:56:11 AM
 #77

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus,  you would be obviously filthy rich.

I hope that this open the eyes of most newbie's the potential of Bitcoin, if you are already in the Bitcoin market just be happy because this market have a lot more to offer,
Although Bitcoin has a big potential of increasing its price yet, investors must keep in mind this potential isn't the same it had in 2010. You can still make a very decent profit by investing in Bitcoin, but don't expect it to reach 100,000$, 500,000$ and 1,000,000$ in the blink of an eye. As Bitcoin gets more expensive, its growing potential decreases proportionally. The opportunity early investor had was unique for them on that moment of Bitcoin history and it won't repeat itself anymore on the same magnitude. Still, Bitcoin is the best investment available at the currently moment we are living if we weight its pros and cons against pros and cons of another popular investments.

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October 10, 2023, 01:49:09 AM
 #78

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus,  you would be obviously filthy rich.
The comparison is quite logical but difficult to realize. When you could buy 5,000 Bitcoins for only $1000 in 2010, of course you could never afford to hold Bitcoin until now. Market volatility that continues to occur at any time always becomes an obstacle due to the fear of losing, "what if the price continues to fall and uses up the entire value of my investment?" maybe that is what keeps crossing your mind to immediately release the Bitcoin you have at that time. Laszlo Hanyecz would never have paid 10,000 Bitcoins for two Pizzas if he had known Bitcoin would be this popular.

Now that everyone involved in Bitcoin really understands the true nature of Bitcoin. Even though it is only trading at a fairly high price compared to the price in 2010, they have learned a lot from the history that has been recorded in Bitcoin's journey. Investment success is based on courage and being able to be patient even though the investment value is under pressure, increasing understanding of Bitcoin will lead you to success.

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Ale88
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October 10, 2023, 02:35:27 AM
 #79

In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus,  you would be obviously filthy rich.
This type of comparisons make little sense because how many people would be willing to risk thousands of dollars for a digital currency that no one knows about? Very, very few, and they must be people already kind of rich that can afford to eventually lose that money. Nowadays is easy to say that 13 years ago bitcoin was super cheap, but how many people knew about bitcoin back then? Again, very, very few. And let's not forget the most important thing: bitcoin can STILL change lives. Of course not like 13 years ago.

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October 10, 2023, 05:52:11 AM
 #80

Bitcoin can definitely change one's life, if he holds Bitcoin for a long time. There are many people who invest in Bitcoin to make their living change, but when the Bitcoin market dips a bit, they immediately get volatile and sell. To be a good investor, one must not be afraid if the Bitcoin market drops a bit. I have previously heard of many people who have changed their lives by investing in Bitcoin. To invest you need to invest in certain time, when the bull market starts some people invest in Bitcoin and can't earn much profit. Bitcoin should be invested before the bull run begins. If you invest in Bitcoin and hold it for a long period of at least 3-4 years, you can expect a lot of profit.
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