Bitcoin's role in financial development

[Septex]

My father is an expatriate. He made us human by working hard. Now I am grown up but unemployed. As the night deepens, a thought crosses my mind every day. How my father is still working alone for us. How much heavy work he has to do regularly, he has to do his own cooking, wash his own clothes and clean himself. Our family consists of me and one sister. My father had to take a lot of debt to go abroad. For which we are burdened with debt. Now I work along with my studies to run the family. I want to save money and invest in Bitcoin in the future even though I have worked hard because of the idea about Bitcoin. So that I can benefit from here, so that I can help my family financially and put a smile on my parents' faces. Sadly, we don't even have a house of our own at present.

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[Assface16678]

Well, that's life. I don't want to say anything about sympathy words or anything; instead, I would like to encourage you about your plan about investing in bitcoin. I admire that you know your situation and your appreciation for your father, so invest in bitcoin because that vision is not wrong, or, in short, could lead you to a better life or a fair profit. But the thing is, I also would like to remind you that even though bitcoin investment is profitable, there is always a risk or bitcoin is a risky investment. I get it, you want to earn immediately to help your family, but if you rush things in bitcoin or cryptocurrency, then it will turn out bad as you could lose money in this investment, and I know you can't afford to lose money with your current state, so I advise you and encourage you to study first, give time and effort in studying about bitcoin and how to earn in it, for example trading, faucet, or you could start growing your account here and join in a signature campaign for starters to calculate the amount for your investment. Anyway, good luck on your investment journey. I wish you all the best. Just always remember to be safe in this field and think before you take action because every decision and move could cost you.

[Dr.Bitcoin_Strange]

I want to save money and invest in Bitcoin in the future even though I have worked hard because of the idea about Bitcoin. So that I can benefit from here, so that I can help my family financially and put a smile on my parents' faces. Sadly, we don't even have a house of our own at present.

Your intentions are not bad at all, but a wise decision about investing in Bitcoin is having to invest the amount that will not disrupt your financial plans or budget in the aspect of later-arising needs that could force you to sell your coin at a cheaper price than the price you bought. I want to remind you that Bitcoin is a volatile asset. You might buy when the price was $43k, and it can drop to $30k and stay in that price range for some months. If, in the future, you have urgent financial needs during the period when the Bitcoin price is low and your investment is your only option, then you might be forced to sell at a very cheap price. So, while investing in Bitcoin, you should have other sources of consistent income and also have some saved funds for emergencies. Invest the amount you can hold until the maturity of your investment (basically, when you have seen your infested amount yield enough profit you are satisfied with.).

[Don Pedro Dinero]

I agree with the two colleagues who have commented before me. With Assface16678 I agree above all that I think the best thing you can do at this time of your life is to focus on training so that you can have a good income in the future. If you have to study and work in order to be able to provide for your family, make every effort you can. Investing in bitcoin can be part of the plan but not a priority. And if you are going to invest, it is better to have an emergency fund before you do so, so that you are not forced to sell in a bear market, as Dr.Bitcoin_Strange points out.

[kentrolla]

Glad that you are aware of Bitcoin and how it can benefit you because I have seen people especially most of them born in 60s and 70s working their entire life with a very little salary and we are lucky to be aware of Bitcoin and it's potential wherein there are millions who have no idea about about it and working even more harder than us but unable to meet financial needs.

Try to utilize it the most to improve your standard of living, take my suggestion it has worked for me, please start accumulating Bitcoin throughout the year except during bull run and in few year you will see you funds getting multiplied.

Few important things are you need a job which gives you freedom to invest into Bitcoin hence give your best to get a better paying jobs to meet your end needs and invest even if it's as little as $10 a week.

There are lot who don't have own house and there are people who sleep on street hence don't let any negativity impact your goal.

[arufox]

I'm sorry about your family's condition. But I applaud your intention to help your father so that he doesn't always have to do hard work. But you need to understand that if you want to invest in Bitcoin you must have sufficient knowledge because investing in cryptocurrency is very risky. Therefore, understand the market first before you invest, and determine the profit target you want to get, both in the short and long term, so that your intentions and goals can be achieved.

[CryptSafe]

OP, I see you are really desperate to rescue your family but you do not know how to go about it. At least this step you have taken to identify with this platform would help you out only if you ready and committed to tow the paths of working to actuating your dreams.

You can learn lots of activities here including skills and other meaningful things that could fetch you streams of income as you remain on this platform. If you're good at writing, you can easily grow through ranks making you eligible for signature campaign where by you would be earning Bitcoin in return for your job done. This could help you along way in assisting your family. With it your financial burdens would be reduced while you develop your skills to add up but you should obey the forum policies and regulations to avoid being nuked or banned.

[aylabadia05]

My father is an expatriate. He made us human by working hard. Now I am grown up but unemployed. As the night deepens, a thought crosses my mind every day. How my father is still working alone for us. How much heavy work he has to do regularly, he has to do his own cooking, wash his own clothes and clean himself. Our family consists of me and one sister. My father had to take a lot of debt to go abroad. For which we are burdened with debt. Now I work along with my studies to run the family. I want to save money and invest in Bitcoin in the future even though I have worked hard because of the idea about Bitcoin. So that I can benefit from here, so that I can help my family financially and put a smile on my parents' faces. Sadly, we don't even have a house of our own at present.

Investing in Bitcoin should not be forced. I have experienced your story in my life when I was still not married and had children. You are a dutiful child and I am happy with your attitude in living life. Good words for you, you will be successful in making your father happy with the capital of hard work that is often done by your other friends.

Use money you can afford to lose when investing.
The large amount of money invested, the opportunity to gain large profits from returns when prices reach their highest is also large.
You work while studying. Are you able to make good financial planning that you can do at the same time?

[Hewlet]

My father is an expatriate. He made us human by working hard. Now I am grown up but unemployed. As the night deepens, a thought crosses my mind every day. How my father is still working alone for us. How much heavy work he has to do regularly, he has to do his own cooking, wash his own clothes and clean himself. Our family consists of me and one sister. My father had to take a lot of debt to go abroad. For which we are burdened with debt. Now I work along with my studies to run the family. I want to save money and invest in Bitcoin in the future even though I have worked hard because of the idea about Bitcoin. So that I can benefit from here, so that I can help my family financially and put a smile on my parents' faces. Sadly, we don't even have a house of our own at present.

you are in a very complicated situation where you have to combine schooling with working, and knowing that you are not just working to assist yourself in school but that you are also footing the responsibility of taking care of your family is a serious burden already.

I doubt these responsibility will give you the leverage of making any reasonable investment knowing how financially demanding school stuff can be.

I will just advise you continue participating actively in the forum and may be along the line if something start coming in, you can decide to be accumulating it since you already have a lot of responsibility on your head.

[avikz]

My father is an expatriate. He made us human by working hard. Now I am grown up but unemployed. As the night deepens, a thought crosses my mind every day. How my father is still working alone for us. How much heavy work he has to do regularly, he has to do his own cooking, wash his own clothes and clean himself. Our family consists of me and one sister. My father had to take a lot of debt to go abroad. For which we are burdened with debt. Now I work along with my studies to run the family. I want to save money and invest in Bitcoin in the future even though I have worked hard because of the idea about Bitcoin. So that I can benefit from here, so that I can help my family financially and put a smile on my parents' faces. Sadly, we don't even have a house of our own at present.

Well this is life! We have bad times and we have good times. Human being we need to navigate through those are knowns and make ourselves stand in the crowd.

But if you really want to invest and grow your money in a secure way, invest only a portion into Bitcoin. But you should never invest all money that you have into Bitcoin. The way Bitcoin can go up similarly it can go down as well. As per your situation, capital protection is something that you should look for. Always have a diversified portfolio so that you can spread out the risk of investment. All the best!

[Strongkored]

I hope that when you find out about Bitcoin it is not from wrong information, for example Bitcoin will give you wealth quickly or Bitcoin will solve all your financial problems.
If you want to invest then your main needs should have been met including your family's debts having been resolved, because investing with the hope of profit but still routinely paying interest on loans, in my opinion, is not good, because in the future there will be a time when you will feel bored with your investment in Bitcoin because the movement is not as expected so sell it or when there is something urgent to sell at a loss, start investing slowly without feeling afraid of missing the train because you read predictions that Bitcoin will soon rise and continue learning about the Bitcoin market because it is quite important for Bitcoin investors.

[syedakhlaque]

Your father did well. He worked day and night for his children and spared no effort in your improvement and upbringing. So that you can live a good and successful life. Even he is working hard in his old age. I appreciate your father labour and hard working.
  Now your father is obviously old. And he does not have  the spirit of youthful strength, health and courage.
And this is your peroid of time. Create your own name if you are alive. And I think you are on the right track. And with your hard work you will earn very well with Bitcoin. Crypto and Bitcoin is good and suitable business for you.

[Ndabagi01]

Such is life, and everyone has a story about how life has been unfair to them at some point. You are not the only one who is going through something similar to this. The best thing to do is to solve the problem and look for possible solutions. It's great that you're aware of bitcoin and want to make a lot of money so you can live comfortably and help your family.

Bitcoin is not a get-rich-quick investment, and given your family's financial situation, investing in bitcoin would be unwise. To make a good profit from your bitcoin investment, you should only invest what you are not going to use right away. Only by investing for a long period of time will you have a chance to make a fortune in bitcoin investment. Can you do that given the state of your family? It is better not to begin if you cannot.

[gunhell16]

My father is an expatriate. He made us human by working hard. Now I am grown up but unemployed. As the night deepens, a thought crosses my mind every day. How my father is still working alone for us. How much heavy work he has to do regularly, he has to do his own cooking, wash his own clothes and clean himself. Our family consists of me and one sister. My father had to take a lot of debt to go abroad. For which we are burdened with debt. Now I work along with my studies to run the family. I want to save money and invest in Bitcoin in the future even though I have worked hard because of the idea about Bitcoin. So that I can benefit from here, so that I can help my family financially and put a smile on my parents' faces. Sadly, we don't even have a house of our own at present.

Let's just continue with our hard work and perseverance because, for sure, in the end we will also reap good things. If you are planning to accumulate Bitcoin, it is better to start now, even if it is only a small amount, so at least you have something to start right away.

Besides, you are not the only person where father who is in abroad because of the hardships of life at this time. It is really necessary to be strategic in life and make a way for us to have a source of income. Cryptocurrency, or Bitcoin, is the only one to give us a source of income, even in long-term holdings, as long as we have something to buy.

[southerngentuk]

It's truly admirable how you are working hard to support your family and aspiring towards a better future. Your dedication to your studies while working to run the household demonstrates your strong character and desire to improve your circumstances.Your father's sacrifices and hard work are evident in the life he has provided for you and your sister. It's understandable that you want to alleviate his burden and bring financial stability to your family. Instead of solely focusing on Bitcoin, consider exploring additional income streams. Combining your studies with part-time work or freelancing can provide you with more immediate financial support and allow you to gradually save for your long-term goals.

Remember, your dedication and hard work are your greatest assets. Continue on your path with determination, and together with your sister, you can build a brighter future for yourselves and your family. You don't need Bitcoin to achieve financial security; your own efforts, combined with responsible financial planning, can pave the way towards a stable and fulfilling life.

[ZAINmalik75]

I want to save money and invest in Bitcoin in the future even though I have worked hard because of the idea about Bitcoin. So that I can benefit from here, so that I can help my family financially and put a smile on my parents' faces. Sadly, we don't even have a house of our own at present.

Hmm OP that is a good idea to invest in Bitcoin but the main point is that the cryptocurrency market is based on high volitality. Here you can lose if you don't make up a proper plan for the future and gauge the dynamics of the market. Because this Bitcoin are totally different from other things. Right steps and good knowledge only can help you survive his assets in the market.
But anyway I will will suggest some basic points that will allow you to gain some profit and fulfill your dream as well as family necessities. But I am not a financial adviser. It is just for educational purposes.

Here are the following steps that will help you a lot if you use them at the right time.
1. To avoid volatility, you need to diversify your investment—I mean DCA.
2. Invest the money that you can afford to lose.
3. Long term investment (hodl) can bring a lot of profit as compared to trading or short term investment because newbies don't have much more knowledge in terms of TA.
3. Store your funds in a cold wallet because no exchange is trustworthy. Etc.........

[BIT-BENDER]

Life isn't easy for everyone, and most people had to struggle to make it out of poverty, yes you have a good plan about working and investing in Bitcoin but still you need to actually have an atleast sufficient source of income to support that.
Bitcoin is not a revelation in terms of financial growth for its holders, before Bitcoin there have been other investments like land and properties, real estate and this has to do with buying lower than you sell in other to make profit. So if it's financial growth you seek don't only depend on your Bitcoin investment, also invest in yourself, learn new skills that can help create job for you then you can have more source of income to invest in Bitcoin.

[Kemarit]

My father is an expatriate. He made us human by working hard. Now I am grown up but unemployed. As the night deepens, a thought crosses my mind every day. How my father is still working alone for us. How much heavy work he has to do regularly, he has to do his own cooking, wash his own clothes and clean himself. Our family consists of me and one sister. My father had to take a lot of debt to go abroad. For which we are burdened with debt. Now I work along with my studies to run the family. I want to save money and invest in Bitcoin in the future even though I have worked hard because of the idea about Bitcoin. So that I can benefit from here, so that I can help my family financially and put a smile on my parents' faces. Sadly, we don't even have a house of our own at present.

Well then study hard and go chase your dreams. Yes, some of us specially in third world countries, one father or even our mother chooses to go out and work on our countries so that they can give us a bright future. So if you really wanted to reciprocate and give back for the hardwork that our father is doing abroad, then I will ask you to just go and learn and study and maybe by the time that you have graduated you might find a good job and your father going back home because it's now your time to give back to your families.

So that will be your first goal, and when you got a study job then that is the time that you can invest on bitcoin, maybe thru DCA or any method that you are comfortable and be just like the rest of us here, long term HODLer.

[tabas]

My father is an expatriate. He made us human by working hard. Now I am grown up but unemployed. As the night deepens, a thought crosses my mind every day. How my father is still working alone for us. How much heavy work he has to do regularly, he has to do his own cooking, wash his own clothes and clean himself. Our family consists of me and one sister. My father had to take a lot of debt to go abroad. For which we are burdened with debt. Now I work along with my studies to run the family. I want to save money and invest in Bitcoin in the future even though I have worked hard because of the idea about Bitcoin. So that I can benefit from here, so that I can help my family financially and put a smile on my parents' faces. Sadly, we don't even have a house of our own at present.

Everything takes time, make your father as a perfect example on what hard work is. But today, hard work isn't enough for you to have a better life. While people see hope investing in Bitcoin and have a better life, you'll go back to the actual problem which is about money. You need to have money for you to be able to invest in Bitcoin because without such, it's always just hope and desires without having the actual thing you need to be part of it. As you study, can you work for part time to at least have some budget to yourself and be less to the budget of the family? I think that's the best way that you can do aside from studying very well.

[Blitzboy]

Bitcoin is volatile, but so is life. Bitcoin changes reflect our own trials and successes. Although hard labor is required, Bitcoin investing requires knowledge.As with any investment, risks exist.

Consider learning more about Bitcoin. Know its market trends, technology, and growth prospects. Knowledge is power in cryptocurrencies. Bitcoin investing is about taking control of your financial future, not just making money. Do not invest more than you can afford to lose. With smart planning, you might build your family's dream house and fulfill your Bitcoin goals.