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Author Topic: Helping family businesses and fulfilling dreams with Bitcoin.  (Read 719 times)
DanWalker
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November 26, 2023, 09:52:14 AM
 #61



 
Isn't very early to take all your bitcoin out of your Holding?
while i love what you did to fulfill your dream and your parent business but I believe that you
 should have waited a little more so you can purchase more for the dreams even for your
mother and sibling .

anyway , I wanted to congratulate you for this dreams come true
better to have more investment now before the Bull comes and you will regret what you have
done here in that early timing.
There's nothing wrong with waiting for a bigger profit, but in my opinion, if we want to help our parents, I don't think there's anything wrong with taking some of what we have to help our parents' business.
I think we can still collect it before the Bull comes and if we do it consistently and work hard then I am sure we will be able to collect it even though the amount we can collect is not much.

Everyone has different goals and plans, as long as OP is profitable, then there is nothing wrong with him selling bitcoin at this time. Furthermore, the future is unpredictable, what if we don't have bull season and bear season continues to last longer than we expected? So I think, as long as we are satisfied with what we have, there is nothing wrong.

As long as the market exists and bitcoin still exists, accumulating bitcoin will never be difficult if we continue to make efforts. And one more thing, this is not the last bull season of bitcoin so we don't need to worry too much if we cannot enjoy this bull season.

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November 26, 2023, 11:05:12 AM
 #62

We usually hold bitcoins to fulfill some of our dreams. From that point of view you have definitely made a good decision. It is really commendable that you have helped your father with your money. But I would say that Bitcoin price is going to be bullish soon. So try to collect as much as you can. As your new business is getting started you will have the opportunity to reinvest the money from here into Bitcoin and you can use the DCA strategy to grow your portfolio by investing in Bitcoin. Remember that this is your small success so for big success you should focus on Bitcoin. That is, hold it as much as possible.

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November 26, 2023, 11:17:57 AM
 #63

[I lost all the bitcoins I had invested, it's sad. But I am very happy and glad to be able to fulfill my father's business and my own dreams]
I think that you are focusing too much on the negative things here, you have achieved what a lot of us are aspiring to do with our bitcoins and I think that the result of your hodling bitcoins should be your focus, you can still get back in bitcoin anyways and that family business that you have helped improve if not upgrade is a good way for you to get a return in investments, maybe you can ask for some of the profits in that business to be invested in bitcoin again, I am sure that your father will not mind giving you some. @bayu7adi is right, you did not do bad the positive impact outweighs the sadness that you are feeling about losing your bitcoin to use for the stuff that you have mentioned, cheer up and remember that you will still be able to get back to bitcoin.
That's true. OP should look on the brighter side and not on the negative side. Right now, he does not have any investment in Bitcoin left. But the positive thing here is the money he earned was used to buy their needs to fulfill their dreams. It's worth it, you can say that the money is not wasted. He can always start investing again anytime he wants or anytime he has enough money again.

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November 26, 2023, 11:27:14 AM
 #64

It is nice to see people having a great experience with their Bitcoin journey, because I have seen so many people selling at the wrong time and then suffering losses.

It is also important that people are also spending the proceeds of their Bitcoin journey and not just hoarding it, because the experiment can fail and then you will have nothing to show for your time and money.

You can show a motorbike and also the money that the machine you bought for your father will bring in the future. Well Done...  Cheesy

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Miles2006
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November 26, 2023, 11:43:20 AM
 #65

[I lost all the bitcoins I had invested, it's sad. But I am very happy and glad to be able to fulfill my father's business and my own dreams]
I think that you are focusing too much on the negative things here, you have achieved what a lot of us are aspiring to do with our bitcoins and I think that the result of your hodling bitcoins should be your focus, you can still get back in bitcoin anyways and that family business that you have helped improve if not upgrade is a good way for you to get a return in investments, maybe you can ask for some of the profits in that business to be invested in bitcoin again, I am sure that your father will not mind giving you some. @bayu7adi is right, you did not do bad the positive impact outweighs the sadness that you are feeling about losing your bitcoin to use for the stuff that you have mentioned, cheer up and remember that you will still be able to get back to bitcoin.
Anyone investing in bitcoin has a particular purpose why investing, I think anything that has to do with investment there must be a reason why you want to invest, op choose to invest in bitcoin to achieve his dreams and that's very good and encouraging. Most people choose to invest in bitcoin to buy a car or build a house, it all depends on your choice. To be honest not everyone can fulfill his dreams with bitcoin investment.
Running out of bitcoin doesn't mean you can't accumulate it back, op actually said he works for a private company, so he can still choose to invest more.

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November 26, 2023, 11:47:56 AM
 #66

A business has been introduced in the world through bitcoin or crypto currency, which is its own example. All age groups can participate in this business. This business is suitable for all young people, rich and poor, old people who are not able to work hard for traditional business, and women can also do it sitting at home easily.
Also you can involve other members of your family, unemployed people, young boys etc. and teach them. It will be of great help to them that with a little attention from you they will be able to earn their livelihood. Thus with bitcoin you can fulfill your unfulfilled dreams.

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November 26, 2023, 11:56:43 AM
 #67

I congratulate you on your success. You have helped your family business and bought your new motorcycle. But you seem to think of it as a negative outcome for your investment. Be grateful, that you are able to buy what you bought. Don't regret your purchases, start again and buy Bitcoin the same way how you started.

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November 26, 2023, 12:10:53 PM
 #68

I feel happy when I see other people can achieve what they have long dreamed of. Because I also hope that one day all my dreams will come true. Hearing your story has increased my motivation to continue regularly doing DCA on bitcoin. My dream is actually quite simple. Currently I work and sometimes I have very little time to relax. So I want financial freedom as discussed by many users in this forum on the Economics board. I was so motivated by this that I became even more enthusiastic about accumulating bitcoins. Because I also believe in the potential of Bitcoin in the future. I also want to have my own house. And actually by now I should be able to build a house. But I prefer to postpone it and I prefer to keep investing the money so that the value can continue to grow. So I can build a house without even having to use all my money at that time.

Op your story can be an inspiration for everyone. Because lately we only read a lot of negative news. So occasionally reading an inspirational story can make our hearts warm again.

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November 26, 2023, 12:13:43 PM
 #69

Yes, of course every parent must have a dream that their child will have a bright or successful future. Yes, every parent will definitely work hard to earn money for their child's education, to send them to higher education. In my opinion, your steps are right, you are financially independent. After you finish school, you immediately work in a company. The proceeds from your salary you invest in Bitcoin. Moreover, you finance your wedding with the results of your own hard work.

Then you help your father's family business, You buy a weaving machine to strengthen or increase the production of woven cloth produced by your family. I think your steps are correct, that is a sign of reciprocity for a child in helping his parents. You don't need to be disappointed because a lot of your assets have been sold, what you need to remember is that good fortune will come your way at any time, there are still many ways for us to gain financial freedom.

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November 26, 2023, 12:52:54 PM
 #70

no, you didn't lose your bitcoin, you just sold it at the right time according to your goal for something more important. there's nothing to regret or be sad about, what you did was very good and actually made me a little jealous because until now i couldn't do something like that to my family.

what you do is a motivation for many people here that investing in bitcoin is worth it and it could be an investment that will change your life in the future.

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November 26, 2023, 01:23:19 PM
 #71



 
Isn't very early to take all your bitcoin out of your Holding?
while i love what you did to fulfill your dream and your parent business but I believe that you
 should have waited a little more so you can purchase more for the dreams even for your
mother and sibling .

anyway , I wanted to congratulate you for this dreams come true
better to have more investment now before the Bull comes and you will regret what you have
done here in that early timing.
There's nothing wrong with waiting for a bigger profit, but in my opinion, if we want to help our parents, I don't think there's anything wrong with taking some of what we have to help our parents' business.
I think we can still collect it before the Bull comes and if we do it consistently and work hard then I am sure we will be able to collect it even though the amount we can collect is not much.

Everyone has different goals and plans, as long as OP is profitable, then there is nothing wrong with him selling bitcoin at this time. Furthermore, the future is unpredictable, what if we don't have bull season and bear season continues to last longer than we expected? So I think, as long as we are satisfied with what we have, there is nothing wrong.

As long as the market exists and bitcoin still exists, accumulating bitcoin will never be difficult if we continue to make efforts. And one more thing, this is not the last bull season of bitcoin so we don't need to worry too much if we cannot enjoy this bull season.

You're exactly right, isn't that the purpose of your investing in Bitcoin? which is to profit and earn funds to fulfill your goals and dreams. The fact that Bitcoin is still volatile and we can't predict what would be the outcome in months, years, or even decades, so selling to provide and help your parents is already a good reason for you to make a profit. It is also a good deal to start up a business so the money could still run it's still considered as an investment that could help your family which is not a bad deal at all, it is like you convert your holdings into a business. I also agree that once you sell Bitcoin doesn't mean you wouldn't have the time to reinvest once again when you already have the knowledge and skills.

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November 26, 2023, 03:13:40 PM
 #72

Op, I want to congratulate you for acquiring a weaving machine for your dad from your Bitcoin savings. I understand the feeling that you sold your bitcoin prematurely to support your father's business, which you could have held longer. You shouldn't feel bad, what you did is commendable and I'm sure your family is very proud of you. Even if you don't acquire much before the bull season takes off, you should be happy that you were able to put smile on your father's face.
Tigerheart3026
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November 26, 2023, 03:25:36 PM
 #73

congratulations to you for all your such achievements!
besides fulfilling your dreams, you helped your father's business a lot, it's a great honor for your father.
i have also fulfill some of my dreams as a result of investing in bitcoin and altcoins but although not as successful as you but i am satisfied with what i have achieved.
demonica
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November 26, 2023, 03:33:52 PM
 #74

Well in the first place, you invest because you want to have a fund in the future where you can spend it. And I think you used the fruit of your Bitcoin investment really well. Spending it for your family business was a great thing to do. You made your parents happy and at the same time you helped them sustain their business. In the end, you and your family will benefit from this as well so it's a great way to spend your Bitcoin on that. And of course, it's the profit from your investment so you deserve to buy that motorcycle you want. There's nothing to be sad about since it's an achievement for you OP so congrats!
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November 26, 2023, 03:42:33 PM
 #75

Parents have many expectations and dreams from their heir's side, I cant say that I'm directly supporting my parents somehow, but I'm trying to be independent as far as I can. I'm currently managing my own expenses and I'm sure InshALlah soon I'll be able to bear the full-time expenses of my whole family as I know my responsibilities well.

My Bitcoin journey and crypto industry experience are really going to help me out in managing finance-related problems and with my experience it will be really helpful in my decision making. I'm very thankful to forum and crypto market for teaching me a lot of life lessons.

That's great that you can understand your responsibility well because now a days there are small percentage of individuals who can manage their responsibilities while all others totally depends on their parents. I don't say that if parents are doing something for their children then it's wrong but I want to say that parents should not be responsible over the whole life but we as a children work for our parents and make their life easy.

Bitcoin is helpful for all of those holders who have learning and strategies using abilities. With bitcoin you can easily manage your finance and a person become financially independent once he learn how to get profit out of it.









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Bitcoin_people
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November 27, 2023, 02:27:39 AM
 #76

It sounds really interesting that you are a responsible child for your family. You may have completed your studies and made a great plan and started a good business from which you can become a quick success. Also it sounds really cool that you have started a big clothing business from bitcoin business. But I want to say that since you can make constant profit by investing in bitcoins, you have to hold it for a long time but you will be more successful and get profit. If you currently invest some money from your family business in bitcoins and try to hold them, you can definitely make a lot of money. I pray to God for your success in this venture, and for the prosperity of your family business. However, if you want to prosper in Bitcoin trading, you must always hold Bitcoins with patience. You should always keep in mind that the market may fluctuate at any time and you must be patient when you may incur losses. And if you plan to invest for a long time and keep your seed phrases, surely your future will be bright with Bitcoin.

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November 27, 2023, 02:41:13 AM
 #77

Finally, I would like to invest more in Bitcoin in the future, saying that the single best coin to invest in is Bitcoin. Many people's lives have already changed by investing in bitcoins, as mine has. I have already invested in almost all coins but the safest and most successful investment is my Bitcoin investment

I know it must be feeling really good to be able to achieve your dreams using bitcoin.
On the other hand, is your story even true ? I mean, you could have just posted the tx id where you sent your $1300 so that we can verify if the transaction was even made.
It would add more credibility to your story. Also, you said all your coins are gone now. You could have kept at least some of it for future gains.

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peter0425
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November 27, 2023, 02:41:25 AM
 #78

while you are doing good in helping your family business(since it is your obligation because it is for Family and not just for single person) yet  you spend more for yourself meaning you are helping yourself more than helping the business.

You spent almost half for your Motorcycle than the amount of the machine that will generate profit for the whole family , well it is not in me to question that but at least the title seems to be more on 'Your Dream' than family dream.

congratulations to you for all your such achievements!
besides fulfilling your dreams, you helped your father's business a lot, it's a great honor for your father.
i have also fulfill some of my dreams as a result of investing in bitcoin and altcoins but although not as successful as you but i am satisfied with what i have achieved.
My target now is fulfilling my Wife's dream and that is to bring our children in full private school since we are still in semi private now, but for sure either next year or the next will be coming to reality.









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DanWalker
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November 27, 2023, 05:38:51 AM
 #79

~snip~

You're exactly right, isn't that the purpose of your investing in Bitcoin? which is to profit and earn funds to fulfill your goals and dreams. The fact that Bitcoin is still volatile and we can't predict what would be the outcome in months, years, or even decades, so selling to provide and help your parents is already a good reason for you to make a profit. It is also a good deal to start up a business so the money could still run it's still considered as an investment that could help your family which is not a bad deal at all, it is like you convert your holdings into a business. I also agree that once you sell Bitcoin doesn't mean you wouldn't have the time to reinvest once again when you already have the knowledge and skills.

Bitcoin is an investment with good returns, an asset suitable for long-term holding to help us protect our assets from inflation or give us full control over our assets. But don't forget that the ultimate goal of investing in bitcoin is for us to improve our lives and have a better life. But many people are forgetting that and worshiping bitcoin too much, many even intend to keep it forever without selling. If we hold bitcoin until death while life is miserable, what is the point of investing in bitcoin? I see many people are hesitant to sell bitcoin, but for me, as long as I work hard, investing and accumulating bitcoin is never too difficult. Let bitcoin serve our lives, not us serving bitcoin.

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November 27, 2023, 05:52:20 AM
 #80

Bitcoin is an investment with good returns, an asset suitable for long-term holding to help us protect our assets from inflation or give us full control over our assets. But don't forget that the ultimate goal of investing in bitcoin is for us to improve our lives and have a better life. But many people are forgetting that and worshiping bitcoin too much, many even intend to keep it forever without selling. If we hold bitcoin until death while life is miserable, what is the point of investing in bitcoin? I see many people are hesitant to sell bitcoin, but for me, as long as I work hard, investing and accumulating bitcoin is never too difficult. Let bitcoin serve our lives, not us serving bitcoin.

Should we throw out boring old index funds? I think the choice is up to each of us and BTC as a hedge asset, if managed well, the results will be good. Moreover, if there are other side activities that do not interfere with our BTC investment activities, that would be quite good. But. if we need cash, just do it. because we also collect it to meet our needs, not to become rich with BTC.

But, it looks like the upward march may continue. Hold BTC.
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