Bitcoin can change lives

[Rengga Jati]

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 .

I agree with the statement
"Bitcoin can change people's lives". Yes, we can say that this statement is quite true. But on the other hand, what kind of changes? Does it change for better or worse? Because both are very possible. Someone who could be said to have been rich turns into bankrupt and poor as a result of this investment. However, on the other hand, there are those who were poor at first, then had good success and were finally successful in crypto or especially Bitcoin.

The difference of course lies in several things."
- A person's readiness and maturity before entering Bitcoin investment
- Their understanding of investing in Bitcoin, the better they understand the basics, the better they will be
- Their attitude towards market changes which are very volatile.
- Their mental readiness when the market moves contrary to their expectations.
- Plans A, B, C and so on when investing in Bitcoin.

In essence, before investing in Bitcoin, we must have an understanding of real investment in Bitcoin, not just because of the desire to get rich instantly, gain profits multiple times in one night, or other interesting things. But it's better to first understand what it's like and how the process works, so that later you won't be seriously disappointed and stressed or decide something in a hurry or panic.

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[dockrun]

Yes, that's true, at least for me, I bought my first Bitcoin in 2014, at that time a friend suggested it, I just bought it and forgot about it. My regret was why I only bought a little if the increase was thousands of percent lol

[bayu7adi]

Bitcoin's potential to improve people's lives is limited, as investing in it doesn't guarantee wealth. Wealth is determined by one's mindset, skill development, and responsibility, and can be achieved through passion.

One of the sound mindsets is to engage in investments when the time is right. Not everyone can opt for investing as the most effective path to accumulating wealth, mainly because everyone's financial standing varies. I view BTC as an alternative for those inclined towards high-return speculation. Despite its apparent legitimacy, BTC carries substantial risks for those who cannot endure bearish market conditions.

I perceive BTC more as a secondary choice for generating passive income, given my longer familiarity with Bitcoin. Buying and selling it at price differentials, which can sometimes exceed 10%, may take more than 30 days. Hence, this isn't a quick money-making endeavor, as the returns are entirely dependent on the capital we invest initially.

[Blitzboy]

Bitcoin's potential to improve people's lives is limited, as investing in it doesn't guarantee wealth. Wealth is determined by one's mindset, skill development, and responsibility, and can be achieved through passion.

One of the sound mindsets is to engage in investments when the time is right. Not everyone can opt for investing as the most effective path to accumulating wealth, mainly because everyone's financial standing varies. I view BTC as an alternative for those inclined towards high-return speculation. Despite its apparent legitimacy, BTC carries substantial risks for those who cannot endure bearish market conditions.

I perceive BTC more as a secondary choice for generating passive income, given my longer familiarity with Bitcoin. Buying and selling it at price differentials, which can sometimes exceed 10%, may take more than 30 days. Hence, this isn't a quick money-making endeavor, as the returns are entirely dependent on the capital we invest initially.

Your awareness of the BTC market's fragility is great; many ignore it in their pursuit of profits. Speculation is inherently uncertain. Investing, especially in Bitcoin, takes funds, awareness, and a tolerance for risk. High returns have captivated many, but without a method, its no good.

Bitcoin as a secondary source of income makes sense for individuals like you who have been with Bitcoin longer and understand its volatility. A 10% pricing difference can lengthen the waiting period, pitting patience against speedy rewards. However, with the correct perspective, as you seem to have, the potential advantages can often outweigh the risks. How long before the bubble bursts?

[Learn Crypto]

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.

Cryptocurrencies are much more developed than before. The Bitcoin price you are referring to may have been at the time of Bitcoin's inception.As the days go by, the reputation of cryptocurrency i.e. Bitcoin is spreading around the world.Now only those who are a bit modern but know a little bit about Bitcoin. But those who bought or had bitcoins at the time you mentioned might have become millionaires today if their bitcoins were safe.But there is still time to invest if you want to make a determined investment as now the price of Bitcoin is very low.

[wallet4bitcoin]

Bitcoin is already in the business of changing lives. If I tell you for a certain that loads of people have broken out of the traditional way of living cos of bitcoin and the blockchain generally.
Today, loads of folks around the world can tell conventional finance systems to stay out of their lives because of bitcoin.

[posi]

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.

Thats true, because the same way Bitcoin is currently at $28k per BTC now, so in the next 10years this same price likely to hit $100k per BTC, and as such, it's never too late for anybody to invest in Bitcoin, inasmuch as you can afford it, and as time goes on you keep on increasing your portfolio by buying more either weekly or monthly, of which I assure you that if only you can do so, in the next 3years, you will be amazed how many BTC you must have accumulated. Far more better than saving your funds in fiat currency in our traditional banks, of which constantly prone to inflation.

I am also optimistic about the future of bitcoin and expect it to rise many times higher than its current price. I support you or others accumulating bitcoins by day, week, month...but I think it's not entirely wise for us to focus on accumulating bitcoin and ignore fiat savings. Because bitcoin is an investment and involves risk, there is no 100% guarantee that bitcoin will continue to exist or will increase in price in the future. We need to think about those risks, don't be too subjective that bitcoin is absolutely 100% safe. A savings account or diversification is essential instead of just focusing on bitcoin.

[summonerrk]

Bitcoin is already in the business of changing lives. If I tell you for a certain that loads of people have broken out of the traditional way of living cos of bitcoin and the blockchain generally.
Today, loads of folks around the world can tell conventional finance systems to stay out of their lives because of bitcoin.

When I first started dealing with cryptocurrencies in 2016, it seemed to me that bitcoin was about to change the whole world. And this proved that the prices of cryptocurrencies were growing very quickly, not only for bitcoin but also for any alcoins, they were all valuable, and there was no scam. Later, Japan also recognized bitcoin. It seemed another five years and the whole world would heal. But this did not happen, because SEC appeared and in general, people did not believe in bitcoin as much as in gold. But that doesn't mean it won't happen later.

[Lida93]

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.

sounds like a bullshit somehow but it's a bullshit that quite makes some sense in a way which is all about risk taking and patient. Someone that invests in bitcoin with $1000 in 2010 will most definitely be making that x5 times amount with today's bitcoin price when calculated, not to talk of the ATH price. The question is that is it a risk anyone will be willing to take YES there are investors that will be willing to take it looking at the past records of bitcoin price 13years behind. The profit ultimately may not be a life changing amount but will be worth it.

Having a skill makes the waiting light and non burdensome for you to be tempted to touch the investment proceeds before time and that's what makes the bitcoin journey of changing ones life achievable.

[ringgo96]

Currently the value of Bitcoin is already so high and I still feel surprised because there are still many people in society who are still wasting the opportunity to change their economy to invest in the crypto world, and currently there are so many poor people who already have income by investing in the world. crypto, and they continue to collect bitcoins to wait for the bull run to occur, because currently the price of bitcoin has not reached its maximum figure, so in this case we really have to believe and continue to follow developments in the crypto world because this is something that we really have to learn if we want to get a satisfactory income, but in this case we have to have patience because everything requires a process, and surviving in the current situation is certainly very difficult because there are many coins that we cannot get maximum profit from.

[Gaza13]

Bitcoin will certainly change someone's life, but whether those changes are positive or negative will largely depend on us, bitcoin has no power to decide that. After all, bitcoin is like any other investment, it can bring us wealth or it can make us lose everything, and it all depends on us. Many people have become rich by investing in gold, real estate and stocks, not just bitcoin. Don't forget today's top billionaires don't invest in bitcoin, it's all their talent, not gold or real estate that makes them rich.

Many billionaires in the world believe in this one asset, Bitcoin has the strength, namely that its technology is currently difficult to hack. Besides that, Bitcoin also has a limited supply and is not controlled by any party. If it had been easy to hack at the start, perhaps many people would not have trusted Satoshi's creation. For me, there have been many successful people who have changed their lives in Bitcoin, such as Davinci Jaremie, etc. As far as I know, the price of gold is controlled by the Fed in its monetary policy, in raising or lowering interest rates.

[Renampun]

Back in the past, I still really remember when I didn't know Bitcoin at all, I didn't have a definite direction for my life in the future, I was even willing to work long hours at my old job just to get extra money, and fate I changed drastically when a friend introduced me to this forum and also bitcoin, those years really felt great for me, I was even able to own valuable things because of bitcoin, it never crossed my mind to withdraw from bitcoin, yes I'm sure in the future everyone will adopt bitcoin and those who start early and stick with it, will experience huge benefits.

Yes, that's true, at least for me, I bought my first Bitcoin in 2014, at that time a friend suggested it, I just bought it and forgot about it. My regret was why I only bought a little if the increase was thousands of percent lol

There is nothing you need to regret, buying Bitcoin in 2014 is a big decision you have made (although I don't know whether it is real or not), you can still collect Bitcoin slowly now, use the DCA method.

[n00ber]

Bitcoin will certainly change someone's life, but whether those changes are positive or negative will largely depend on us, bitcoin has no power to decide that. After all, bitcoin is like any other investment, it can bring us wealth or it can make us lose everything, and it all depends on us. Many people have become rich by investing in gold, real estate and stocks, not just bitcoin. Don't forget today's top billionaires don't invest in bitcoin, it's all their talent, not gold or real estate that makes them rich.

Many billionaires in the world believe in this one asset, Bitcoin has the strength, namely that its technology is currently difficult to hack. Besides that, Bitcoin also has a limited supply and is not controlled by any party. If it had been easy to hack at the start, perhaps many people would not have trusted Satoshi's creation. For me, there have been many successful people who have changed their lives in Bitcoin, such as Davinci Jaremie, etc. As far as I know, the price of gold is controlled by the Fed in its monetary policy, in raising or lowering interest rates.

The capitalization of the gold market is nearly 20 trillion USD and is held by all countries in the world, while bitcoin is only 500 million USD and is held by not too many countries. In your opinion, which one is easier to control and manipulate? If you think the Fed has the ability to control the price of gold and bitcoin is only worth $500 million, what will it look like? The bitcoin network is decentralized but the bitcoin price is not decentralized.

[Aanuoluwatofunmi]

Bitcoin is already in the business of changing lives. If I tell you for a certain that loads of people have broken out of the traditional way of living cos of bitcoin and the blockchain generally.
Today, loads of folks around the world can tell conventional finance systems to stay out of their lives because of bitcoin.

Bitcoin is changing lives already for good, those that have adopted earlier could tell, many people have a change of story through bitcoin and their financial economy had a complete total turnaround, yes and if we so wishes as well, ours too can be in the same view, for us to have a decentralized digital currency, all we need is bitcoin, for a secured means of retaining our assets value, what we also needed is bitcoin and to have a financial freedom in our entire life for maximum security and privacy, we need bitcoin to ever remained transformed.

[bitterguy28]

Bitcoin is already in the business of changing lives. If I tell you for a certain that loads of people have broken out of the traditional way of living cos of bitcoin and the blockchain generally.
Today, loads of folks around the world can tell conventional finance systems to stay out of their lives because of bitcoin.

Bitcoin is changing lives already for good, those that have adopted earlier could tell, many people have a change of story through bitcoin and their financial economy had a complete total turnaround, yes and if we so wishes as well, ours too can be in the same view, for us to have a decentralized digital currency, all we need is bitcoin, for a secured means of retaining our assets value, what we also needed is bitcoin and to have a financial freedom in our entire life for maximum security and privacy, we need bitcoin to ever remained transformed.

all of us has stories , but many have different from each other though the similarities stands for one thing and that is Failure first before gaining and even others are still failing now.
changing life is also different from each other , some made  its way to the top while others made its way lower.
mostly because of greed and over expectation , but like me that knows how to wait and keep my funds intact ? maybe i should say Bitcoin changes my life for good and better.
and even my family and circle of friends have gather earning over the years so what I can say? Thank you Bitcoin.

[boty]

Bitcoin is already in the business of changing lives. If I tell you for a certain that loads of people have broken out of the traditional way of living cos of bitcoin and the blockchain generally.
Today, loads of folks around the world can tell conventional finance systems to stay out of their lives because of bitcoin.

Bitcoin is changing lives already for good, those that have adopted earlier could tell, many people have a change of story through bitcoin and their financial economy had a complete total turnaround, yes and if we so wishes as well, ours too can be in the same view, for us to have a decentralized digital currency, all we need is bitcoin, for a secured means of retaining our assets value, what we also needed is bitcoin and to have a financial freedom in our entire life for maximum security and privacy, we need bitcoin to ever remained transformed.

all of us has stories , but many have different from each other though the similarities stands for one thing and that is Failure first before gaining and even others are still failing now.
changing life is also different from each other , some made  its way to the top while others made its way lower.
mostly because of greed and over expectation , but like me that knows how to wait and keep my funds intact ? maybe i should say Bitcoin changes my life for good and better.
and even my family and circle of friends have gather earning over the years so what I can say? Thank you Bitcoin.

Experiencing failure is part of the process of being able to achieve the success we want, learning from these mistakes and getting up again to correct the mistakes we have made to achieve the goals we want. Greed will indeed make us make the wrong decision, resulting in many negative impacts. from greed. Yes, you are right, I also feel the same way you feel. By being introduced to Bitcoin by a friend, I can collect it and save it to make a profit.

[wallet4bitcoin]

Bitcoin is changing lives already for good, those that have adopted earlier could tell, many people have a change of story through bitcoin and their financial economy had a complete total turnaround, yes and if we so wishes as well, ours too can be in the same view, for us to have a decentralized digital currency, all we need is bitcoin, for a secured means of retaining our assets value, what we also needed is bitcoin and to have a financial freedom in our entire life for maximum security and privacy, we need bitcoin to ever remained transformed.

I can vividly remember a conversation with a young lad a few years ago, he said he had no idea what his life wanted to become as he had no affiliation towards anything of influence. He didn't enjoy the average life he was living and so he longed for more but constrained by finance, then came blockchain technology, he extensively researched about it and he took advantage of the opportunities it presented him with, now. he is comfortable,  although not what he wanted to be yet but oncourse to his dreams.

[Fivestar4everMVP]

Bitcoin indeed have changed a lot of lives in several ways, for some, it is through their early investment in bitcoin, for others, it is through the jobs the the emergence of bitcoin have created.

Change of live or story through bitcoin doesn't have to always be about the money made through the investment, but also, we should always remember that bitcoin have created alot of jobs in their hundreds of thousands, and many people who never used to have something doing are now doing very well through the job bitcoin provided them.

And for the record, i think it is worth making us understand that bitcoin of today can only make the rich richer, it's no longer an asset a poor man can become filthy rich from, this is because, to make alot of money from bitcoin, one need to hold at least half of bitcoin which is 0.5 bitcoin, and this we all know that based on the price of bitcoin today, this is quite expensive and not very many poor people out there can afford this much.

So this is very important to note, no one should invest just $100 in bitcoin today and expect to become filthy rich tomorrow.

[lizarder]

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 .

Everyone has their own way to simplify financial matters and we are one of the many people who are lucky to know Bitcoin, so there is the best choice to achieve financial freedom through it. If you are familiar with bitcoin then there are definitely several steps you have learned, including how to collect bitcoins with not a lot of money. DCA is still a good choice to apply and this pattern can bring us to a regular accumulation stage even though the amounts are small and varied.

Bitcoin must be used well to generate profits because if we cannot utilize it then Bitcoin will not be able to change our lives. Changing your life through financial planning is something that is difficult to do and if you don't have the right skills/abilities in investing, it can actually cause someone to experience losses.

[Assface16678]

I miss the moment wherein my life could change in an instant with the bitcoin boom in price. I truly regret not knowing about bitcoin and exploring it, but that doesn't stop me. In the year 2019, I started knowing what bitcoin was, and after that, I studied and did things related to bitcoin, mainly to earn. Even though I have regret, instead of being depressed, I strived and created my own path through bitcoin. Right now, bitcoin, or cryptocurrency, has given me a lot of opportunities that could lead to a profit. And I will still do bitcoin as long as it has value and as long as I earn from it. Not just me; I also influenced my friends about this aspect and helped them earn, not just by spoon-feeding them but by teaching them to strive their own way, and right now they also earn a good profit, which is good.