Bitcoin can change lives

[Kara3]

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 .

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[EarnOnVictor]

This is no news, Bitcoin has the capacity to turn even the poor but well-informed people to be wealthy. It's all about the risk the person takes at that time that it's at low prices. It's still not late though. The regret I have about Bitcoin is that it wasn't as popular as this, if not, I don't think I would have missed out on being a millionaire in the USD through it.

Such a very big investment success might not be possible again, but in the long run, the person that consistently invest in Bitcoin will never regret their bet on it.

[Solosanz]

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.

So you mean if I invest $1000 in Bitcoin right now, in the next thirteen years Bitcoin price will reach $135,000,000 or 5,000x times higher?

This kind convincing strategy is really bullshit, if people want to change their life, they need to learn a high paying skill instead of investing small amount of money and hoping the investment will increase really really high.

[Oshosondy]

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 .

Nice to DCA to be able to buy at varying prices. Bitcoin price is going to increase after next year halving. We have been waiting for this good period to come and it is not more than 7 months when bitcoin halving will occur.

This is no news, Bitcoin has the capacity to turn even the poor but well-informed people to be wealthy. It's all about the risk the person takes at that time that it's at low prices. It's still not late though.

People that make money with bitcoin are not likely poor but may not be rich either. People that invested in bitcoin are the once that are making money from it but poor people have other things to use money to do which may not let them invest in bitcoin as the money is not enough.

[salad daging]

Would anyone have known by the time 2010 rolled around that bitcoin would be above $27K or higher? You are comparing unrealistically as if for those who bought bitcoin in 2010 there were many people doing it but in reality there were not.

If you want to be rich buy bitcoin now in other words 5000 BTC and wait 13 years you will be rich.

If you have a more effective way to invest then use that strategy, I think DCA is a common conversation here, I also do it because this is one of the simpler investments there is no pressure anyway, if about wanting profit then of course there is a target that must be achieved at what price it is sold.

Focus on accumulation and wait for the bullish after halving of course the rally will come.

[cryptoaddictchie]

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

Well things have changed since then with the idea of decentralization. If theres chance I could go back to that date then Im possibly buying a lot and hold of them until few years back. But right now, with that such price how can we believe that it could go more than that now? Like ita 27k could be like $27million a piece? We need to consider that and right now there are other choices too aside from it maybe we could bet on that instead?

[AprilioMP]

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 description should also be included in the topic you create to provide motivation to people who you say are beginners in crypto trading.
Another story about many people around 5 - 9 years ago who sold bitcoin for various reasons because they did not know the price of bitcoin could reach above $60k.
People who have sold bitcoins they bought at $10k don't know that bitcoin has already reached $28k.

Need comparative data to convince yourself before convincing others to invest in bitcoin and not rush to sell it. It is also necessary for each person who already has bitcoin to know that bitcoin is not only an asset that can be used for investment, but a means of payment.

[komisariatku]

If we talk about the history of bitcoin prices in the past, it is very tempting, bitcoin has a very cheap price and there is regret "why didn't I buy bitcoin at that time?

But we can't go back to the past, all we have is the present and the future. Maybe we don't have a past but we can make a future. Bitcoin prices are always rising and touching new ATHs, so it's never too late to hold bitcoins. There are many instruments and strategies for buying bitcoin, we just have to choose one and adapt it to our finances

[Texac]

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.

So you mean if I invest $1000 in Bitcoin right now, in the next thirteen years Bitcoin price will reach $135,000,000 or 5,000x times higher?

This kind convincing strategy is really bullshit, if people want to change their life, they need to learn a high paying skill instead of investing small amount of money and hoping the investment will increase really really high.

Bitcoin is indeed a potential investment, but relying solely on it and dreaming of a rich future without working is just bullshit.  but unfortunately, this is the thinking of many people, they even refuse to work and use all their savings to invest in bitcoin with the desire to change their lives quickly.  and that was not the purpose for which Satoshi created bitcoin and that only made bitcoin's reputation worse in the eyes of many people. 

Indeed, if we want to change our lives, we need to have a high-paying job and try our best, not just wait for a bitcoin investment.

[hugeblack]

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?

The reason that made you sell at a price of 27,000 is the same reason that made you sell at a price of 30 dollars and you are a buyer at a price of 0.2 dollars, or 3000 dollars and you are a buyer at a price of 0.2 dollars.
I remember that I did not believe that the price of Bitcoin would reach 11 thousand dollars, and some of us had sold at that price at that time, so it is difficult to find an ordinary person who does not believe in how Bitcoin will develop or the need for it in the future. He will decide to keep Bitcoin at that price, and some of us may sell at The price is 100,000, and the price may reach 500,000 in the future.

[bayu7adi]

Bitcoin indeed holds promise for the long-term timeframe, largely due to its demonstrated price increases each year. However, relying solely on history as a reference is not a completely foolproof strategy, as the future is not entirely dictated by the past. Despite Bitcoin's predicted annual price growth, there will undoubtedly be bearish moments that serve as a reminder of how volatile the market can be.

I acknowledge that Bitcoin has an impressive price history thus far, but ensuring Bitcoin's price next year is by no means an easy feat as long as price fluctuations remain relatively high.

[BlackHatCoiner]

Bitcoin can't change lives. A wealthy person isn't rich because their investment went 10x within a year. Their mindset is what defines their wealth. If your ideal life is to chill, go out for clubbing in the weekend, get high etc., then you're not going to be wealthy just because you happened to buy the dip. It requires to focus and acquire skill, and in my experience, it requires you to embrace responsibilities.

Bitcoin is good as long as you're working on what you love and doing it with passion.

[OcTradism]

Bitcoin can't change lives. A wealthy person isn't rich because their investment went 10x within a year. Their mindset is what defines their wealth. If your ideal life is to chill, go out for clubbing in the weekend, get high etc., then you're not going to be wealthy just because you happened to buy the dip. It requires to focus and acquire skill, and in my experience, it requires you to embrace responsibilities.

Bitcoin can help a person richer but can not bring wealth and prosperity to the person sustainably. Because to have sustainable wealth and prosperity, there are many things to do with your assets, capital management and risk management as well as how you spend your money after getting richer with Bitcoin.

Like star athletics who can earn massive money when they were young but after their career retirement, many of them have very bad finance. It is because they overspent in the past, maintained that bad spending habit and when they have less income after retirement, their finance will be at verge of nightmare.

Bitcoin is good as long as you're working on what you love and doing it with passion.

Passion to learn basic, securing your wallet and bitcoin (don't use custodial wallet, online accounts for storing bitcoin), and using bitcoin for money transfer on Bitcoin blockchain are very good basic practice to love bitcoin more with time.

In the mean time, if we can hold our bitcoin, we can enjoy its value growth.

The bullish case for Bitcoin

[Poker Player]

I'm getting fed up with these types of threads that, first of all, only focus on price. As if bitcoin is nothing more than something that goes up in price.

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.

You could have done the same with Google or Apple shares, or even Lehman Brothers if you had sold just before the catastrophe. To look at the past and simply think that because the price of something has gone up a lot you would have become rich is very short-sighted.

As we have discussed many times on the forum, when the price was worth a few cents and went to $1 most people sold. Others bought at $1, the price went down and sold scared of losing everything because at that time the risk of Bitcoin going to 0 was much higher than now.

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,

I would like to see people's eyes opened by the security of the blockchain, its decentralization, the possibility of privacy and other features that make bitcoin unique and much more than just a thing that goes up in price.

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 .

Yes that's all well and good, but that's the millionth time it's been said on the forum.

[avp2306]

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,

That's the best part of it where people doesn't know about on how far bitcoin could go but don't get fooled on your created comparison since what happen before and now is completely different. To many people doesn't know yet if bitcoin could go that far but since we have see a lot of events that bitcoin price could go up then it could possibly open the eyes of newbies that they should try it and try to decide on what they should do about what they learn about bitcoin. But they also make sure that they will not expect anything not possible since on bitcoin investment we need to know the realistic events and don't overlook on risky or uncontrolled situations, always learn when to take your profit since as of now this is the best way to earn on our bitcoin investment if that's what you mean here.

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 .

DCA is one of the best method so to know more about it better for newbie to test every situation so that they could test it for long term and see a best result on the investment decisions they do.

[PytagoraZ]

~cut~

Bitcoin can change someone's life, for better or worse. People's fate is different, behind the success stories, I am sure there are many sad stories that are not revealed by the media.

~cut~

As far as I know, most people look at bitcoin by its price. Like it or not, but that's what happened. When I write in a Google search using the keyword "bitcoin" the search results display the price of bitcoin

Most people don't care about the features and concept of decentralization, for those who see Bitcoin as an investment, what matters is the price.

[TheUltraElite]

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.

Keep in mind the inflation too added to it the general misconceptions about crypto existing in the world at that time. You would not be buying so many bitcoins at that price even then.

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,

I would say bitcoin has been an exceptionally good investment, putting in money back then with the risk on your head if the asset turns bad, needed guts for any common person.

At the same time, many people sold their bitcoins too when it became 10x of its original, thinking it would not go up anymore. They were not wrong in their decision making and the same can happen to anybody today.

[yudi09]

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?

One of the changes that I have found in Bitcoin is the ease of transactions and freedom of ownership without a third party as currency and freedom without restrictions if I use it for investment.
Bitcoin cannot change lives. Bitcoin can change the way people view the financial system.

People's mindset will determine what will be created. Owners of large companies are not afraid to hold onto bitcoins for years because they view bitcoins differently than people who view bitcoins as a means to get rich.
This solely depends on one's confidence in bitcoin when buying and selling.

[so98nn]

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.

So you mean if I invest $1000 in Bitcoin right now, in the next thirteen years Bitcoin price will reach $135,000,000 or 5,000x times higher?

This kind convincing strategy is really bullshit, if people want to change their life, they need to learn a high paying skill instead of investing small amount of money and hoping the investment will increase really really high.

Definitely thats drifted calculation based on what Bitcoin had in the past. Back then Bitcoin was completely new and peeps wanted to try out the new technology. Take the taste of it and see where they fit into it. With the time those who got interested and sticky around Bitcoin got their price tag after a decades of time. I would say it’s not a joke to stay patient for such long period of time. If they did then they got what they deserved to be honest.

Now what just mentioned above is not possible now. Everything is too congested. There is huge competition between the buys and sells. Everyone is having different DCA right now and we have come along very far now. It’s time for hard hunting. More patience this time, more time to be given for Bitcoin to rise in price.

[Z-tight]

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 question is: would you be holding those coins until now or would you have sold it a long time ago, once you made some profit. Take note that so many people also lost their keys, were careless or were hacked, some of you just talk about investing and making money, like it is so uncomplicated, there are so many things that could also go wrong.

Stop it with threads about "how BTC changes lives", "how BTC makes your life bright", and all the other nonsense, i think in this section we ought to be dicussing more about BTC in itself as a censorship resistant and permissionless currency, not how it would make you wealthy in 2140.