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Author Topic: What is the best thing that have ever come to you thanks to BTC  (Read 609 times)
Zoomic
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November 23, 2023, 06:16:53 PM
 #81

BTC is one of the best things that has happened to everyone in this forum, especially the early adopters of bitcoin. People who are not early adopters will only benefit if they have patient and wait for a longer time.
Bitcoin is here to stay, many people are still seeing bitcoin as bubble that will soon bust and some see it as an advanced ponzi scheme.

Bitcoin will have to develop into a major financial main stream in the future when automation will rule the world and by then everyone will appreciate the essence of bitcoin.

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November 23, 2023, 07:16:46 PM
 #82

Be careful with trading. It is not a steady source of income and may lead to losses. Better option in my opinion is long term investing jn Bitcoin. It is much safer though the returns will be less. But you have to consider risk taken also which is very high in case of trading.

False. P2P-Trading is the most steady income out there since you never will have to look at the market value, since you sell the same day you buy. Please explain the risk with that?
It's much more risky to invest long term IMO, but of course I also invest long term as i stated in this thread I HODL some coins.  Smiley
IMO you should do both, you don't need to choose one, do both and make money on both ways. Easy. Simple. Good.
Hmm, what do you mean? I didn't understand what you meant by saying that long-term investment is risky. I have heard for the first time that a long-term investment in bitcoin can be risky.

Sorry, either you are mistaken or I misunderstood. But I think you are wrong because I have not personally seen any risk in a long-term investment in bitcoin. As you can see, the price of Bitcoin has been rising continuously. Those who had made earlier investments and held them from the perspective of long-term investments were not guilty of any losses because it was not possible for long-term investments in Bitcoin to give you losses. Risk is found in something that devalues with time, but Bitcoin has not lost its value; it is rising with time. Those people have not smelled the smell of losing because the price of Bitcoin is still 37k after the continuous increase, which is free of risk.

And if you mean long-term investment other than Bitcoin, then yes, you are absolutely right that there is definitely risk in it.


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November 23, 2023, 07:33:36 PM
 #83

I would say probably my job? I mean thanks to my job I have been working comfortably for years and years, and I would say that is the best thing that has ever happened to me. If we do not really consider just money stuff and just things in general, I would say I have a bit of better understanding of how things work, like in the finances world, and that means that I get to save better, in assets, and stopped putting money in liabilities most of the time, still do at times but less at least. Long story short, it has turned my life into a much better one, I got a great job and I got a great investment, all thanks to bitcoin. Without bitcoin, I would have ten times worse life right now.

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BabyBandit (OP)
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November 24, 2023, 09:18:53 AM
Last edit: November 24, 2023, 09:52:14 AM by BabyBandit
 #84

Be careful with trading. It is not a steady source of income and may lead to losses. Better option in my opinion is long term investing jn Bitcoin. It is much safer though the returns will be less. But you have to consider risk taken also which is very high in case of trading.

False. P2P-Trading is the most steady income out there since you never will have to look at the market value, since you sell the same day you buy. Please explain the risk with that?
It's much more risky to invest long term IMO, but of course I also invest long term as i stated in this thread I HODL some coins.  Smiley
IMO you should do both, you don't need to choose one, do both and make money on both ways. Easy. Simple. Good.
Hmm, what do you mean? I didn't understand what you meant by saying that long-term investment is risky. I have heard for the first time that a long-term investment in bitcoin can be risky.

Sorry, either you are mistaken or I misunderstood. But I think you are wrong because I have not personally seen any risk in a long-term investment in bitcoin. As you can see, the price of Bitcoin has been rising continuously. Those who had made earlier investments and held them from the perspective of long-term investments were not guilty of any losses because it was not possible for long-term investments in Bitcoin to give you losses. Risk is found in something that devalues with time, but Bitcoin has not lost its value; it is rising with time. Those people have not smelled the smell of losing because the price of Bitcoin is still 37k after the continuous increase, which is free of risk.

And if you mean long-term investment other than Bitcoin, then yes, you are absolutely right that there is definitely risk in it.

Hi GbitG thanks for taking time to reply. When I said that, I didn't had a specific coin in mind. I was just comparing what is the most safest, invest long term or buy an item for one price and sell it for another.
My English is terrible but I will try to explain. But first P2P-trading is not trading and trading is not P2P-trading. Its two totally different things.

Bitcoin go up and down every day as every coin. If you invest in let's say Bitcoin and you hold long-term, you probably will make a profit but its not guaranteed.
When I P2P-trading with Bitcoin I buy Bitcoin for one price and sell it for another I make around 13% in profit for most trades but some trades I make less and when I reload my P2P account I sell all my balance within few hours every time. If Bitcoin goes down in price form the time I deposited Bitcoin to my P2P account and from when I selling the Bitcoin then of course the profit will be less, this happen alot in the beginning, but now I almost sell my coins under one hour so this risk is nothing I need to be so worried about atleast for now.
You probably wont lose money if you invest long-term in Bitcoin and that the most of us can agree on here, I also hold Bitcoin and more coins.
But when people saying its much more risky to P2P trade then long term invest they obvious don't know how one of them works.
I would say its a very very very small chance to lose money if you long-term invest in Bitcoin and impossible to lose money on P2P-trading. (If you have been P2P-trade for a while and build yourself a reputation on the site you using and got yourself a "network" of other traders)

Also... P2P is good for them who maybe don't have a high income to get a chance to own Bitcoin and also increase their Bitcoin amount.
We don't need to choose to either invest or trade, I do both and it fits me perfect.
That's how I see it. I just go after my own experience what I have seen in my life so far, but I am still fresh in the crypto world. Smiley


- Regards BabyB. 👼

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November 24, 2023, 10:35:55 AM
 #85



Be careful with trading. It is not a steady source of income and may lead to losses. Better option in my opinion is long term investing jn Bitcoin. It is much safer though the returns will be less. But you have to consider risk taken also which is very high in case of trading.

False. P2P-Trading is the most steady income out there since you never will have to look at the market value, since you sell the same day you buy. Please explain the risk with that?
It's much more risky to invest long term IMO, but of course I also invest long term as i stated in this thread I HODL some coins.  Smiley
IMO you should do both, you don't need to choose one, do both and make money on both ways. Easy. Simple. Good.




P2p trading is also a good way to generate income in this market but I disagree when you say that holding long term is much riskier. If your investment portfolio contains only bitcoin and bitcoin, I can assure you that it is safer than any other method of making money in this market. But if you also hold and stake altcoins like Solana, there will be greater risk. Long-term investing has large or small risks depending on the currency you are holding. If it was an altcoin, I actually agree with you that it's much riskier but it's bitcoin so it's not really a big risk.

I have my opinion and you have yours, we have different ways to top and its no wrong in another. As I said. I HODL Bitcoin and other currencies.
But I don't think its more risky to buy a banana for 1000 dollar and sell it for 1115 dollar then invest in something that either will lose value or gain value.
The banana will always give you at least $115 in profit, everytime, everyday guarantee, that's nothing a investment can guarantee even if it probably will give be very good.

Yes, everyone has different investment views and we are just discussing, I do not mean to criticize or disparage you or anyone. Because at the end of the day, you invest with your money and I invest with mine, no one depends on anyone, so no one has the right to criticize others. To me, we should do what we think is right and best for ourselves. We don't need to follow or imitate anyone because that formula may be good for them but may not be suitable for us.



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.BIG WINNER!.
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November 25, 2023, 12:37:00 AM
 #86



Be careful with trading. It is not a steady source of income and may lead to losses. Better option in my opinion is long term investing jn Bitcoin. It is much safer though the returns will be less. But you have to consider risk taken also which is very high in case of trading.

False. P2P-Trading is the most steady income out there since you never will have to look at the market value, since you sell the same day you buy. Please explain the risk with that?
It's much more risky to invest long term IMO, but of course I also invest long term as i stated in this thread I HODL some coins.  Smiley
IMO you should do both, you don't need to choose one, do both and make money on both ways. Easy. Simple. Good.




P2p trading is also a good way to generate income in this market but I disagree when you say that holding long term is much riskier. If your investment portfolio contains only bitcoin and bitcoin, I can assure you that it is safer than any other method of making money in this market. But if you also hold and stake altcoins like Solana, there will be greater risk. Long-term investing has large or small risks depending on the currency you are holding. If it was an altcoin, I actually agree with you that it's much riskier but it's bitcoin so it's not really a big risk.

I have my opinion and you have yours, we have different ways to top and its no wrong in another. As I said. I HODL Bitcoin and other currencies.
But I don't think its more risky to buy a banana for 1000 dollar and sell it for 1115 dollar then invest in something that either will lose value or gain value.
The banana will always give you at least $115 in profit, everytime, everyday guarantee, that's nothing a investment can guarantee even if it probably will give be very good.

Yes, everyone has different investment views and we are just discussing, I do not mean to criticize or disparage you or anyone. Because at the end of the day, you invest with your money and I invest with mine, no one depends on anyone, so no one has the right to criticize others. To me, we should do what we think is right and best for ourselves. We don't need to follow or imitate anyone because that formula may be good for them but may not be suitable for us.

i agree

it all depends on the inventor’s purpose and strategies and techniques

there are only recommended or advisable ways of investments that we could follow because they have proven effective over time but if one finds a more suitable way of investing that is appropriate to the amount of money they are willing to give, willing ti lose and hoping to gain

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November 25, 2023, 01:09:21 AM
 #87

I'm sure its been mentioned already but for me its been the freedom from banks. I'm no longer at their mercy anymore and have the freedom to move around my own money as I see fit. I don't really even have to use exchanges anymore, and the last time I transferred money from a bank to an exchange was 2014.

Of course every service I use charges a fee of some sort, anywhere from 1-3%, so using BTC isn't necessarily as frictionless as fiat, but the peace of mind I get from knowing that my own money is mine, can never be frozen or controlled, makes it worth it.

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November 25, 2023, 01:40:51 AM
 #88

I don't have any physical stuff that have come to me yet as most of my bitcoin are still not sold and hopefully that's going to be the case for a really long time because I feel like I deserve a really large profit for the time that I've been hodling bitcoin for now though I would say that thanks to bitcoin I have the financial knowledge and financial freedom that I currently relishing although I feel like I'm somehow taking it for granted too but this post has reminded me that I should spend my money wisely.

I would say probably my job? I mean thanks to my job I have been working comfortably for years and years, and I would say that is the best thing that has ever happened to me.
I don't have a career yet although I hope I come to that point where I will be able to have that one too, I'm currently working a dead end job but with this job, the free time that I have is pretty useful for doing other stuff that I want to do like finding other ways to make money.



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November 25, 2023, 01:41:58 AM
 #89

I got to make a few good friends and help some people.

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November 25, 2023, 01:56:30 AM
 #90

I got to make a few good friends and help some people.
That fortunate of you regarding the years you've spent here but for me I still want to make some impact in people's life with this forum and of course made good friends if I find one worth of being a friend.

I have a skill that will unleash soon in this forum and hope that will be my impact. [I haven't achieve anything yet except knowledge of Bitcoin]

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November 25, 2023, 10:20:24 AM
 #91

OK I'll add the other good thing BTC allowed me to have which are my own "vintage" Counterparty assets. A lot them are now worth something thanks to an emerging collector's market of old tokens on the major blockchains, mainly Bitcoin, Ethereum & Dogecoin, and to a lesser extent Namecoin and Monacoin. Some of the stuff I made back in 2014 turned out to be "firsts" for tokenization use cases, even if they didn't have pictures of frogs or apes attached to them.

I only wish I'd bought Spells of Genesis tokens and Rare Pepes when they came out in 2015-2016... some of them are worth mad money right now.

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November 29, 2023, 11:56:00 AM
 #92

Bitcoin is without a doubt the best investment ever made, both with and without government approval. Many people today rely on bitcoin for their daily needs, so I will always be grateful for the day I learned about it. Nobody will ever regret learning about cryptocurrencies; many young people today make a lot of money from small investments or side gigs. Anyone who feels guilty about knowing about bitcoin is either misinformed about it or has not had enough exposure to it.

The greatest thing I have learned about bitcoin is that it has helped people realise that, in the absence of government, they can still pursue their dreams by working hard and investing in the cryptocurrency. It is a waste of time to search for a government job when there are other options available, and I think that, in the current day and age, many people especially the youth will suffer in the absence of cryptocurrency.

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November 29, 2023, 12:38:32 PM
 #93

I got to make a few good friends and help some people.
That is very noble of you. Working with bitcoin creates a decent income, and most probably you are earning well already that made you capable to help some people when it comes to their finances. Though I don't mean that with less income, you can't help other people but the more you gained an income, the bigger the opportunity that you can extend your help to a larger community.

Well for me, I was able to help my family and improve our status of living. Maybe in the future I'll be more able to help those needy people without expecting returns from them, that's also one of my goals why I've been working so hard to become successful with my bitcoin journey.


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November 29, 2023, 01:03:00 PM
 #94

I got to make a few good friends and help some people.
Has all that been realized by now?
Making some good friends by having goals looks hard enough, but I guess you have them now.
Moreover, with the purpose of helping some people, it is a good cause.

The best thing I got because BTC is a good friend who is currently becoming like my own family.
Having a group of Bitcoin enthusiasts or crypto enthusiasts in my region is a good thing that I get.
Provide information and support to each other about crypto and various kinds of crypto-related jobs.
Become a new group and family.

In addition, Bitcoin also provided a decent life for my little family.
Everything is because of Bitcoin and also because of this forum.
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November 29, 2023, 01:12:05 PM
 #95

I got to make a few good friends and help some people.
That is very noble of you. Working with bitcoin creates a decent income, and most probably you are earning well already that made you capable to help some people when it comes to their finances. Though I don't mean that with less income, you can't help other people but the more you gained an income, the bigger the opportunity that you can extend your help to a larger community.

Well for me, I was able to help my family and improve our status of living. Maybe in the future I'll be more able to help those needy people without expecting returns from them, that's also one of my goals why I've been working so hard to become successful with my bitcoin journey.



I may not be in status where I help people on their financing needs since I'm not earning huge the same as whales but I also make sure that I'm always available for those people near my place stating some interest about bitcoin since I really think that once you teach a one man in your neighborhood for sure it can influence more people to try bitcoin. That is the simplest form of helping bitcoin to be known on my place. Also I put some bitcoin stickers on my car so that many people could see and maybe it can rise up some curiosity especially if they see a bitcoin logo placed there.

We have different form to help but don't ever think about it as mandatory especially on financing since if you need your family need this the most then do it since the welfare of your family is more important than any other else. Also we can do some simple way to spread the word about bitcoin.

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November 29, 2023, 01:21:34 PM
 #96

What we all can and should do is to say thank you to Satoshi! 🙏
Without him we probably never would have been here and educate us self, and we don't only learn about Bitcoin we learn about how to handle many situations in life.
Everyone who has come to know about Bitcoin is grateful for this platform whether they are successful or not. Especially Satoshi Nakamoto's invention of Bitcoin is a boon for modern people. Those who are not yet successful can keep their determination here to succeed in future. But my advice to newbies is to not get too excited about getting bitcoins but plan for the long term and know how to safely hold bitcoins for the future. If you are willing to trade bitcoins i would say as a newbie it makes sense to hold rather than trade. As Bitcoin is highly volatile there is a risk of losing money at any time. It can be considered as a suitable platform for beginners if they hold it for the long term after having good knowledge about bitcoin.

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November 29, 2023, 01:25:17 PM
 #97

Bitcoin is without a doubt the best investment ever made, both with and without government approval.
Investment can be successful or failed, and not all investors get profit even they invest in Bitcoin.

Though Bitcoin has a best ROI last 14 years [1] and 91.9% of 4853 days of holding Bitcoin is profitable [2], not all people engaged with Bitcoin will have profit. The number of people lost, failed with bitcoin is even bigger than 91.9% because many people had bad entries and made bad decisions to exit with losses.

[1] https://casebitcoin.com/
[2] https://www.lookintobitcoin.com/charts/bitcoin-profitable-days/

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Many people today rely on bitcoin for their daily needs, so I will always be grateful for the day I learned about it.
I am very unsure about it. Rely on Bitcoin for their daily needs, it sounds too much. I love Bitcoin and work for Bitcoin but totally rely on it, I am not and it is risky if your life depends on Bitcoin completely.

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Ale88
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November 29, 2023, 01:34:05 PM
 #98

Hi BT-forum, I been thinking a bit of what Bitcoin actually have been giving us (me)  Cheesy
In my case it completely changed the way I see money. I never paid too much attention about money management, I never spent too much, I tried to save some money, but that was it. Bitcoin made me think and ask myself some stuff I never even thought about before, and if now my financial situation is better is mainly thanks to bitcoin.

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.BLACKJACK ♠ FUN.
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Razmirraz
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November 29, 2023, 01:45:14 PM
 #99

Why don't you develop your business by accepting Bitcoin as payment for goods and services, isn't that very interesting especially if you already know very well about Bitcoin. Bitcoin can take you anywhere depending on your ability and will, many of the best things have been obtained by different users thanks to Bitcoin. You can increase your income from trading and investing in Bitcoin, you can also bring it into your business if the people around your place of business are very close to Bitcoin.

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SPIN

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BabyBandit (OP)
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January 24, 2024, 02:16:09 AM
Last edit: January 27, 2024, 11:04:24 AM by BabyBandit
 #100

OK I'll add the other good thing BTC allowed me to have which are my own "vintage" Counterparty assets. A lot them are now worth something thanks to an emerging collector's market of old tokens on the major blockchains, mainly Bitcoin, Ethereum & Dogecoin, and to a lesser extent Namecoin and Monacoin. Some of the stuff I made back in 2014 turned out to be "firsts" for tokenization use cases, even if they didn't have pictures of frogs or apes attached to them.

I only wish I'd bought Spells of Genesis tokens and Rare Pepes when they came out in 2015-2016... some of them are worth mad money right now.

Hi Nutildah may I ask one question. You say you missed to buy some tokens that are worth some now unlucky! But if i can ask how was it about Bitcoin? Did you bought Bitcoin in the right time or missed out on that to?
(and no, no drama, no nonsense, just a serious question)

That's explain a lot, thanks for your silence.  Grin

Best regards
BabyBandit

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