Bitcoin can change lives

[Tony116]

The many people life was improved by the bitcoin trading,because the price of the bitcoin had attained the all time high many times.Before the target price of the bitcoin was around 10k dollars,then the same target was moved to the 30k dollars.But the people who brought by keeping the 10k,30k target had got the double the profit when the price of bitcoin had reached the value of 68k dollars.So the bitcoin will over come their own price with the certain period of time.It was expected the price of the bitcoin cross the 68k dollars in the next halves.

But there are also many people who lose big when investing in bitcoin, not everyone who invests in bitcoin will change their life in a positive way. So whether Bitcoin can change our lives or not will depend on how we approach and use it, not entirely on bitcoin. If we have knowledge, experience and patience, investing in bitcoin will definitely help us change our lives for the better. But if we invest hastily and speculate without knowledge, our lives will also change but will become worse.
Investing is risky, it is no different from a double-edged sword, and whether it is beneficial or harmful is up to us to decide.

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[Marvell1]

Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.
So far it is not accepted in my country so I can't apply Bitcoin in my business but the amount I get from trading on Bitcoin is enough to support my family along with my studies. If I had not used or known about Bitcoin I would have lived in poverty and had no means to support myself and my family. So Bitcoin has acted as an important influencer as life changing.

If you have the trading ability and investment knowledge, you can also do the same with other assets like gold or stocks, not just bitcoin.

But I'm quite skeptical when someone says they don't have a job and rely solely on investing and trading bitcoin to support their family. You could be the first and maybe the only one to do it. I'm also quite successful with my bitcoin investments, but I still have an outside business to support my family. Bitcoin is very volatile and unpredictable, I don't think it's that easy to make money from it, I really haven't seen anyone who can survive without a job and only depend on investing and trading bitcoin.

Unquestionably, investing and trading in anything (be it stocks, gold, or bitcoin) requires a keen skill set and thorough understanding. But let us to think about it for a moment. Even while it would seem impossible to live entirely off of trading bitcoin, an interesting number of people do just that. Keep in mind that there are many different types of investments. Yes, the price of bitcoin fluctuates, but isnt that a trading opportunity? Dont traders frequently profit from price fluctuations?

Reading your sceptic viewpoint on relying only on Bitcoin investments and trading for a living is extremely intriguing. In fact, having numerous sources of income is wise and frequently advised by financial gurus. This includes your own outside business. Volatility is a risk and an opportunity, and its important to balance them both in order to make sustainable investments.

I'm not saying we can't make profits with bitcoin trading.

Yes, bitcoin volatility is an opportunity for us to make profits, but have you seen who can predict the market accurately and consistently make daily profits from trading to feed their families? I know that our world is colorful and anything can happen, but I have my doubts because I have never seen anyone who can support their family with just the income from daily bitcoin trading. Have you seen anyone with that ability? Even those who claim to be experts.

[Sexylizzy2813]

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?

That's the issue with some of these records, well I won't really blame the records but those who rely on event that took place in the past. To me is best to use what the market is actually giving us other than keeping that hope on what happened from years back.
Is not bad to keep records and follow how it all went down but it might change the following year.
Some people will tell you they don't need to make  research as long as they have their past records and they have been using it for year and it has been coming through for them. That's another mentality that shouldn't be applied in the crypto business.

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.

To me the prices doesn't matter at all, the price might be lesser as of 2010 but it doesn't matter if you're rich or not and I believe that if you put your mind to it, like you really want to Bitcoin, you can get it. But thinking about how huge the price is, it will discourage you big time.

[savetheFORUM]

Bitcoin changes people's financial status if he invests in Bitcoin his life improves financially.

That depends. A lot of people get into the market and start making investments without trying to first learn everything they need to know which makes then incur losses and then they start blaming Bitcoin for it. People are not utilizing bitcoin and its potential until they study bitcoin. This is why everyone should take time analyze and understand about bitcoin.

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.

You shouldn't choose Bitcoin as a means of getting rich, that's a wrong concept about Bitcoin because it can provide you with profits but might not make you rich.

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.

That's right, most people get into the market with the mindset that they can get rich quickly through cryptocurrency investments but that isn't how it works, one needs to take it slow, one step at a time, and shouldn't just think of gaining a lot of wealth in a very short period of time.

[Xcode7]

If the timing is right, we can take huge profits from the significant Bitcoin movements that have occurred in the last few years.
So far, there are a lot of people whose lives have changed for the better because of Bitcoin, just imagine the people who keep Bitcoin for a long period of time and the increase in Bitcoin is so high that the profits they get are quite big and can change their lives, in fact I am one of them among them.

And if this can continue, with all the potential that exists it is possible that we can again take big profits when Bitcoin prices soar high in the future (and I am very sure that will happen)

Bitcoin can change our life depend on timing when investing right or not, if wrong time when investing in bitcoin we can't earn profit due many investor loss their investment during investment when bitcoin price above $60k. No doubt with bitcoin have change thousand people life but don't forget with how many people loss their investment values after investing in bitcoin but get wrong timing. I agree with your opinion about right timing investing in bitcoin can change our life but have other possibilities with wrong timing can make our life broken with bitcoin investment values getting drop. All possibilities with bitcoin can change our life or not depend on right investment time, keep give right mindset when investing in bitcoin can't guarantee change our life but depend on smart when investing time.

So that's why knowledge is needed before making an investment, because it is impossible for us to just enter into an investment without proper knowledge, we will definitely experience losses.
Bitcoin's movement is so fast that it allows anything to happen, and Bitcoin can change someone's life in two ways, for better or worse.
The right time to enter so that we can get profits comes from the knowledge we have, not because of luck, so the point is that being able to enter at the right time is because of the investment knowledge that we have mastered.

[Negotiation]

The many people life was improved by the bitcoin trading,because the price of the bitcoin had attained the all time high many times.Before the target price of the bitcoin was around 10k dollars,then the same target was moved to the 30k dollars.But the people who brought by keeping the 10k,30k target had got the double the profit when the price of bitcoin had reached the value of 68k dollars.So the bitcoin will over come their own price with the certain period of time.It was expected the price of the bitcoin cross the 68k dollars in the next halves.

The price of bitcoin will continue to rise and financial institutions are turning to bitcoin as an asset. Bitcoin users feel that bitcoin is taking the place of gold as an asset bitcoin price may rise further this year bitcoin's value reached an all time high. And even though it has decreased a bit it is constantly increasing people are now more inclined towards cryptocurrency there is a possibility of more growth only if you keep your target and move forward you will get more profit.

[HONDACD125]

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 .

Looking at the history of a crypto currency also makes it easier to predict future pumps and dumps. I think there will be very few people who bought Bitcoin at $0.20 in 2010 and still have it, because the price of Bitcoin has touched 67 thousand dollars. This is because it is our nature that we often sell our coins whenever we get a good profit. That's why if you look at history since $0.20, you'll see a lot of pumps where people have sold their Bitcoin at a good profit. Buying Bitcoin at $0.20 was within the reach of every person, but not every person can buy Bitcoin at the current price, yet investing in Bitcoin as much as possible can give us great profits in the future.

As much as Bitcoin may have given its investors in the last 10 years, Bitcoin may not return to its investors in the next 10 years, because even if the price of Bitcoin exceeds 1 million in the next 10 years, it cannot compete with past profits. However, the potential of Bitcoin cannot be denied as many people have changed their lives by investing in Bitcoin and they have received great returns thanks to Bitcoin. If one has good capital, one can buy a large number of Bitcoin even at the current price which can surely give a great profit in the coming bull run.

[MFahad]

Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.

In my opinion if you have job then you can easily manage your investment but if you don't have job then first you will find it hard to collect money for buying bitcoin and if you Put money into bitcoin then you will be unable to manage your expenses as a result of which you will think about selling of bitcoin no matter how less bitcoin is. I suggest that you should also start some business with such profit of bitcoin because if once market become down you will have another opportunity of earning too so you will easily manage everything properly. Use your Bitcoin's profit in another earning business because depending on one source cannot maximize your profit much more as that of double profit from different sources.

[Dimitri94]

Those who know about the history of Bitcoin and review that history will definitely find a good future in Bitcoin. There are some people who make mistakes but learn from the mistakes later become successful after a while. People who didn't hold Bitcoin after learning about it in 2010 made a mistake. But at that time people did not know much about Bitcoin but now everyone has a positive idea about Bitcoin. I think only those who will pass this time with neglect are the only unfortunate ones. Those who are collecting bitcoins at this stage by learning from their mistakes are sure to be on the path to success in bitcoin. DCA system also provides an opportunity for those who want to collect bitcoins and financial income is not enough. Even a low earner can achieve success in Bitcoin after a long time.

[Etranger]

I'm not saying we can't make profits with bitcoin trading.

Yes, bitcoin volatility is an opportunity for us to make profits, but have you seen who can predict the market accurately and consistently make daily profits from trading to feed their families? I know that our world is colorful and anything can happen, but I have my doubts because I have never seen anyone who can support their family with just the income from daily bitcoin trading. Have you seen anyone with that ability? Even those who claim to be experts.

Making quite regular earnings by trading doesn't necessarily require accurate market predictions. I shared my daily trading strategy in another topic, you can check to out and write your comments. The profit I make I use to feed myself and my infant. This is not the only income I have, however, this is the main one.

[Blitzboy]

If the timing is right, we can take huge profits from the significant Bitcoin movements that have occurred in the last few years.
So far, there are a lot of people whose lives have changed for the better because of Bitcoin, just imagine the people who keep Bitcoin for a long period of time and the increase in Bitcoin is so high that the profits they get are quite big and can change their lives, in fact I am one of them among them.

And if this can continue, with all the potential that exists it is possible that we can again take big profits when Bitcoin prices soar high in the future (and I am very sure that will happen)

Bitcoin can change our life depend on timing when investing right or not, if wrong time when investing in bitcoin we can't earn profit due many investor loss their investment during investment when bitcoin price above $60k. No doubt with bitcoin have change thousand people life but don't forget with how many people loss their investment values after investing in bitcoin but get wrong timing. I agree with your opinion about right timing investing in bitcoin can change our life but have other possibilities with wrong timing can make our life broken with bitcoin investment values getting drop. All possibilities with bitcoin can change our life or not depend on right investment time, keep give right mindset when investing in bitcoin can't guarantee change our life but depend on smart when investing time.

So that's why knowledge is needed before making an investment, because it is impossible for us to just enter into an investment without proper knowledge, we will definitely experience losses.
Bitcoin's movement is so fast that it allows anything to happen, and Bitcoin can change someone's life in two ways, for better or worse.
The right time to enter so that we can get profits comes from the knowledge we have, not because of luck, so the point is that being able to enter at the right time is because of the investment knowledge that we have mastered.

Any effective investing strategy relies on knowledge, especially with something as volatile as Bitcoin. Similar to a swift torrent, the market can sweep you away without the necessary skills and tools (knowledge). It takes more than jumping on the bandwagon and expecting fun. However, understanding the intricacies, technologies, and market attitudes is key. Indeed, deep-rooted knowledge can make or break a masterstroke investment, as you noted!

Bitcoin is an intelligent choice, not a gamble, despite its incredible speed. Preparation, perseverance, and patience frequently provide "luck" in this domain. The saying goes, "Fortune favours the prepared." But in this unstable crypto environment, "Bitcoin rewards the knowledgeable!"

[kotajikikox]

but still does not open the eyes of many as they keep looking for the lowest price opportunity to buy and ending? being passed the opportunity .
Imagine from 20 cents now more than 27k ?
if we are even bought 10 bitcoin back then for 2 dollars , imagine we are 6 digits richer today.

Many people did not trust Bitcoin back then. Because nobody knows what it is and how it works. Only tech geek people adopted Bitcoin back then. I didn't even know that Bitcoin existed in 2012 or 2013. Even if I knew that, I am not sure If I would trust Bitcoin back then. There is no 2nd Bitcoin that can give you confidence like Bitcoin.

It is true that Bitcoin can change lives. Bitcoin has also changed my life. Ever since I came to know that there is a digital currency called Bitcoin, I have been buying Bitcoins with some money from my earnings. A few months later, when the price of Bitcoin went up, I sold it. And I went from poor to very rich.

seriously ? how much you bought and how much have you sold? are you even true to this story?

Haha, Yes. Seriously, and this is why he is hunting bounty and trying to make money out of it.

you don't need to be Geek or Tech person to learn how to invest specially in cryptocurrency that we knew have value and can be use as payment option or can be traded back to Fiat.
meaning all we need to understand  and learn is the nature and the background that is available in Internet.
a simple google search will lead you to how much it started and how long this happened
and also the  graph of bitcoin is there to understand its potential that had been proven over the years for decades now. because he never mentioned being a hunter instead a Bitcoin investors is what he claimed?

[Luzin]

The price of bitcoin will continue to rise and financial institutions are turning to bitcoin as an asset. Bitcoin users feel that bitcoin is taking the place of gold as an asset bitcoin price may rise further this year bitcoin's value reached an all time high. And even though it has decreased a bit it is constantly increasing people are now more inclined towards cryptocurrency there is a possibility of more growth only if you keep your target and move forward you will get more profit.

Volatile crypto is a huge opportunity to change lives. But giving predictions always increases, maybe parabolic history of that happening and there is great hope that archetype will continue to occur. But when it comes to crypto, it's hard to say he'll be around forever. He could just stay on and fly high or he would disappear losing the trust of the users. So actually we just need to always be vigilant by doing risk management. Hopefully the macroeconomic crisis will not have a major impact on crypto, the interest market of the FED also has a major influence on the value of crypto. So you still have to be on track to prepare for profit or loss by doing risk management.

[BitcoinsGreat]

But there are also many people who lose big when investing in bitcoin, not everyone who invests in bitcoin will change their life in a positive way. So whether Bitcoin can change our lives or not will depend on how we approach and use it, not entirely on bitcoin. If we have knowledge, experience and patience, investing in bitcoin will definitely help us change our lives for the better. But if we invest hastily and speculate without knowledge, our lives will also change but will become worse.
Investing is risky, it is no different from a double-edged sword, and whether it is beneficial or harmful is up to us to decide.

There is no way anyone can lose by investing in bitcoins. Yes there are people who were here for the short term profits or there other people who confused between investing and trading and they say that Bitcoin investment is not profitable but as an whole if you know how to properly invest in Bitcoin,you can never be in a loss.

There are certain things, certain techniques which may help you for profitable investment like dollar cost averaging or investing in the bear market when everyone is selling. Making the right Bitcoin investment decision at the right time is a key to be the most profitable investor.

[Webetcoins]

Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.

In my opinion if you have job then you can easily manage your investment but if you don't have job then first you will find it hard to collect money for buying bitcoin and if you Put money into bitcoin then you will be unable to manage your expenses as a result of which you will think about selling of bitcoin no matter how less bitcoin is. I suggest that you should also start some business with such profit of bitcoin because if once market become down you will have another opportunity of earning too so you will easily manage everything properly. Use your Bitcoin's profit in another earning business because depending on one source cannot maximize your profit much more as that of double profit from different sources.

It's a great thing if a person can actually start a business or do something that can earn them more profits just from the profits they've got from their Bitcoin or cryptocurrency investments but that barely happens and even if it does, it takes a significant amount of time for someone to accumulate enough money through trading or investments that they can use to start a business or invest only the profits in another investment market or maybe in another cryptocurrency.

You are right, if someone isn't financially stable and invests whatever money they manage to get into Bitcoin or cryptocurrencies, they will probably be compelled to sell their assets when they get in trouble and require some funds in an emergency and that time, they won't be able to see if they are getting profit or loss.

[virasisog]

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 .

No one knew that Bitcoin price would go up to it's current ATH back then, if you also knew about Bitcoin in 2010 would you think that it would be worth it? or at least guess that it would be around thousand dollars in the future when it is just cents at that time?
The price or market is surely volatile and not everyone could ride those waves that is why some traders lose and only few wins on it.
Crypto could change lives but it is also up to us on how it would change our lives, it could be for better or for worse.
Investing in crypto doesn't guarantee that our lives would be better.

[DabsPoorVersion]

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 .

No one knew that Bitcoin price would go up to it's current ATH back then, if you also knew about Bitcoin in 2010 would you think that it would be worth it? or at least guess that it would be around thousand dollars in the future when it is just cents at that time?
The price or market is surely volatile and not everyone could ride those waves that is why some traders lose and only few wins on it.
Crypto could change lives but it is also up to us on how it would change our lives, it could be for better or for worse.
Investing in crypto doesn't guarantee that our lives would be better.

No, I would probably not be going to think it to be worth it. What happened to Bitcoin is unpredictable. No one expected it to be this valuable. $20 back then was high enough to make a lot of people sell their holdings. There are also some people who curse Bitcoin and call it a scam investment. I mean, even I would probably do the same and will forget about it. Its value before compared to now is really unexpected.

It is about our decision-making. If we become agitated, especially in Bitcoin it won't change our lives but will make it hard by losing our investment. It's also about the choice of whether we will keep on investing and do DCA or let the chance to change our lives slip by.

[Blitzboy]

Bitcoin is definitely acting as an important turning point in life especially when there was no job to provide family support this Bitcoin has contributed a lot to my family support. Now I get a certain amount of profit per month by trading and investing in Bitcoin and I get what I need for family support by trading and investing in Bitcoin.

In my opinion if you have job then you can easily manage your investment but if you don't have job then first you will find it hard to collect money for buying bitcoin and if you Put money into bitcoin then you will be unable to manage your expenses as a result of which you will think about selling of bitcoin no matter how less bitcoin is. I suggest that you should also start some business with such profit of bitcoin because if once market become down you will have another opportunity of earning too so you will easily manage everything properly. Use your Bitcoin's profit in another earning business because depending on one source cannot maximize your profit much more as that of double profit from different sources.

It's a great thing if a person can actually start a business or do something that can earn them more profits just from the profits they've got from their Bitcoin or cryptocurrency investments but that barely happens and even if it does, it takes a significant amount of time for someone to accumulate enough money through trading or investments that they can use to start a business or invest only the profits in another investment market or maybe in another cryptocurrency.

You are right, if someone isn't financially stable and invests whatever money they manage to get into Bitcoin or cryptocurrencies, they will probably be compelled to sell their assets when they get in trouble and require some funds in an emergency and that time, they won't be able to see if they are getting profit or loss.

Many believe in Bitcoin and other cryptocurrencies' exponential gains and wealth transformation. The cold truth? Few realize their dreams. Even for those that do, its a long, unpredictable, and frustrating path. Crypto investing is complicated and requires patience, understanding, and resilience.

Remeber the elephant in the room. Investing without financial stability is risky. Imagine walking on a slender rope over an uncertain hole. In dire conditions, people sell at a loss since they don't plan for crises. Such behavior is financially and emotionally damaging. In risky industries like crypto, financial prudence and emergency preparation are essential.

[CryptounityCUT]

📈 The History of Bitcoin Bull Runs 🧵

Bitcoin, the pioneer of cryptocurrencies, has seen several remarkable bull runs throughout its history. Let's explore some of the most iconic moments in Bitcoin's journey.

1/ The Genesis Bull Run (2011): In the early days, Bitcoin's price soared from less than a cent to over $30. This was the first glimpse of Bitcoin's incredible potential.

2/ The 2013 Surge: After the Mt. Gox exchange crisis, Bitcoin roared back to life, reaching $266. This rally caught the world's attention and laid the groundwork for Bitcoin's future growth.

3/ The 2017 Hype Cycle: Bitcoin climbed to nearly $20,000, making headlines worldwide. #Altcoins also experienced tremendous growth, and Initial Coin Offerings (ICO) were all the rage.

4/ The 2020 Halving Rally: Bitcoin's price started gaining momentum after the third halving event, surpassing $60,000 in 2021. Institutional interest grew significantly during this period.

5/ The Ongoing Bull Run: As of now, we're witnessing another remarkable bull run, with #Bitcoin regularly achieving new all-time highs. Institutional adoption, growing use cases, and global recognition continue to drive the price higher.

6/ Closing Thoughts: Bitcoin's history is marked by periods of rapid price appreciation. While these bullruns are exciting, they come with increased volatility. As always, make informed decisions when #investing in Bitcoin.

[moneystery]

bitcoin has the ability to turn people from rags to riches and riches to rags if they are not good at managing their investments. there are many cases where people experience losses when they invest in bitcoin because they tend to be impatient and seem to use bitcoin as a shortcut to getting rich. and therefore learning from their experience a person can change their life by investing in bitcoin only if they are patient and keep holding on to the assets they have, because those who keep holding will win in the end.