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Author Topic: There is nothing like it since the past 12 years  (Read 820 times)
Outhue (OP)
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January 27, 2024, 01:33:18 PM
 #1

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well, where did I get my conviction? I had no other means to have a better future than this, it was like a do or die something for me then, something inside me just appreciate the existence of BTC, like I know something like it was coming to safe me, which I can't advice anyone to do the same today.

What I am saying here is that it's still doable if you have the conviction to make things happen, if you crave for changes you will go any lent to make things happen in the right manner and ways, but having a source of income will make things more easier for you, I still considered my story as a easy one because I had my father then, I had a roof over my head in my parents home, and also I don't pay any bills, it was just me and my stomach to feed and my BTC wallet to fill up.

For someone who came from poor home it will become a very big battle to conquer poverty, and for those who come from average or rich home, it becomes easier for them to have a better future because they will have more money to take risks, if you are from a home like mine, you need to strive hard, my battle took me three years, if I have never know Bitcoin and I decided to take the path that everyone in my country was into it would have been harder for me, judging from the present conditions of those who almost stopped my Bitcoin journey, I am not shaming anyone, I am just saying that Bitcoin is worth every shot.

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

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SPIN

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January 27, 2024, 01:41:12 PM
 #2

Firstly I want to congratulate you on your achievements over the past 12 years. Anytime I come across Early adopters like you it make me wish I was an adopter too in the earliest time.
I must say you seem to be a very disciplined person from your write up because it takes a hell lot of discipline for someone to be able to hodl without a source of income. I bet if you didn't have some assistance from parents you may not have been able to. Because it seems very illogical to be hungry and claiming to hodl Bitcoin.

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January 27, 2024, 01:47:18 PM
 #3

Your journey is not easier without a source of income, it doesn't exist.

Without cahs flow, you do not have any means of putting money into Bitcoin, even if all your needs are catered for. Anyone joining Bitcoin now to get rich should realize also that the ROI is no where near what it was ten years ago. They would not get lambos with Bitcoin, except they already had a very good source of income.

If you want to get rich, build your income and reduce your expenditures and liabilities, then invest.

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January 27, 2024, 01:55:46 PM
 #4

You surely had it the easier way thanks to your parents but, still count all of your hardships with your own journey. And when you've like this is a do or die thing, you got me there because we've got the same opinion when I've known Bitcoin for the first time and understood that it's an investment. Looking at its past where people have probably bought it at a cheap rate might have been holding several years ago when I was still new. And by that time, I've realized that it's never too late and just like today, some newbies might think that they're still too early because like in the past that we've thought of the same thing. It might not be easy but if they've got conviction just as yours, it's never too late but things can be easier if you believe before it finally becomes stable in terms of its pricing soon. But IMHO, we're still quite far from seeing that happen.

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January 27, 2024, 02:27:37 PM
 #5

I'm a little bit confused with your story. You had no job but you were already investing, "gathering some Bitcoin for long term hold"? How did you do that? Where did you get the money?

And then you were wretched, looked old even if you were still young, and you even eat single meal a day, but you were living with your parents? How could you feed yourself when you have no source of income? And why should you look after your stomach and couldn't eat 2 or 3 times a day when you're living with your parents?

Anyway, thanks for pointing out that you "can't advice anyone to do the same today." I agree. I advice anybody to live a good life. If the price to pay for that is to have no Bitcoin, it's still worth it.

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January 27, 2024, 02:36:43 PM
 #6

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

Bitcoin is now on the journey of it's fifteen years and there have never been any to compare to this wonderful digital currency we have, maybe if we never appreciated anything about new developments, then this one is worth given a consideration for a well done job to Satoshi Nakamoto being a success, one thing I like about bitcoin is in rendering it various opportunities to everyone willing to partake of it without much or any demands being attached.



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[15.00000000 BTC]


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January 27, 2024, 03:20:39 PM
 #7

I was never in such a bad situation, but there was a time when I was just getting into the crypto market, when Bitcoin was crucial for me to be able to buy food, and I was a full-time student, so finding a different job was very hard. But I did need to pay the bills and rent a flat back then, which was partially why I was in somewhat of a struggle. I'm really happy that you managed to change your financial situation, I understand that escaping poverty (breaking the cycle of poverty, especially) is a very hard thing to do.
But when possible, I do think a person should earn money on a regular basis instead of fully relying on profits from long-term holding.

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January 27, 2024, 04:57:22 PM
 #8

Anybody that is privileged to learn about Bitcoin and do the right thing by holding it will not live to regret it, because before now, even till date, people are still skeptical about it, many people still liken Bitcoin to a Ponzi scheme where it'll crumble one day and people will lose all their investments. Understanding that Bitcoin is a reputable and valuable asset that guarantees financial freedom in the future is the way to go, it has the potentials to keep increasing in value as the years goes by. I'm happy for the OP for believing in Bitcoin, when most of us where still thinking whether it'll withstand the test of time, today is still not too late for newcomers to start accumulating and holding it, it'll be one of the best decisions anybody can make.

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January 27, 2024, 05:15:40 PM
 #9

For someone who came from poor home it will become a very big battle to conquer poverty, and for those who come from average or rich home, it becomes easier for them to have a better future because they will have more money to take risks, if you are from a home like mine, you need to strive hard, my battle took me three years, if I have never know Bitcoin and I decided to take the path that everyone in my country was into it would have been harder for me, judging from the present conditions of those who almost stopped my Bitcoin journey, I am not shaming anyone, I am just saying that Bitcoin is worth every shot.

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.
The biggest struggle for normal people, even more poor people of course, is that in order to make more money you need to make a big switch in the way you manage money and the way you live your life. Why? Because 1) nobody is there to explain you how finance works 2) you have so many problems simply covering all the monthly expenses that you don't even think about investing or stuff like that. That's the reason many people with low income will have a low income pretty much all their lives while rich people oftentimes get richer and richer. Of course if you already have money it's easier, but with the right mindset you can actually change your life. And this is exactly what bitcoin does.

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January 28, 2024, 06:15:44 AM
 #10

I'm a little bit confused with your story. You had no job but you were already investing, "gathering some Bitcoin for long term hold"? How did you do that? Where did you get the money?

And then you were wretched, looked old even if you were still young, and you even eat single meal a day, but you were living with your parents? How could you feed yourself when you have no source of income? And why should you look after your stomach and couldn't eat 2 or 3 times a day when you're living with your parents?

Anyway, thanks for pointing out that you "can't advice anyone to do the same today." I agree. I advice anybody to live a good life. If the price to pay for that is to have no Bitcoin, it's still worth it.

Thanks for asking, I used every source possible back then, from pocket money to online jobs like pay to click, I even did a lot of faucet claiming too, just like many people on this forum.

There was also a time where I won some good amount of Bitcoin from Freebitco when it was still very new, it's been a long time, I joined few HYIP websites, I also did few free lancing jobs then, I included my parent especially my father because I don't feel the tiger parenting from their side, he supported my journey and he was very understanding, I bet I've posted something related to this before.

You can read more about this here...

https://bitcointalk.org/index.php?topic=5441186.msg61816354#msg61816354

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January 28, 2024, 07:19:26 AM
 #11

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well, where did I get my conviction? I had no other means to have a better future than this, it was like a do or die something for me then, something inside me just appreciate the existence of BTC, like I know something like it was coming to safe me, which I can't advice anyone to do the same today.

What I am saying here is that it's still doable if you have the conviction to make things happen, if you crave for changes you will go any lent to make things happen in the right manner and ways, but having a source of income will make things more easier for you, I still considered my story as a easy one because I had my father then, I had a roof over my head in my parents home, and also I don't pay any bills, it was just me and my stomach to feed and my BTC wallet to fill up.

For someone who came from poor home it will become a very big battle to conquer poverty, and for those who come from average or rich home, it becomes easier for them to have a better future because they will have more money to take risks, if you are from a home like mine, you need to strive hard, my battle took me three years, if I have never know Bitcoin and I decided to take the path that everyone in my country was into it would have been harder for me, judging from the present conditions of those who almost stopped my Bitcoin journey, I am not shaming anyone, I am just saying that Bitcoin is worth every shot.

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.
We are actually on the same shoes mate, from pandemic to the recent supertyphoon that our provinces hard hit, I thought it will just end right there because I have no one to ask for help since signal coverage and electricity was restored more or less 7 months after the catastrophe. My mobile phone and laptop were fully damaged that is why I almost lose any hope.

With the courage to help myself and my family I sold my silver coins collections in the hope of slowly getting my self up on my own knees in other words this self reliance helps me slowly recover. I got few hundreds of dollars with those silver coins and bought a new android phone from it that is why I came back here on the forum though not yet fully recovered from that devastation and stressful days, Bitcoin paying signature campaigns really help me with my own and family's needs from the time I got accepted from it.

Right now, I am saving my weekly Bitcoin rewards on purpose because I already learned the lesson from the past. Government aid are there to be honest but unfortunately distributions were very political. That is why standing on our own feet and surviving during or after the catastrophe does make sense. So invest in Bitcoin, precious metals and real estate if you want to survive.



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January 28, 2024, 02:23:44 PM
 #12

Same here. I have no other means to make it to rise from poverty but Bitcoin. I have to keep on holding to the very little amount of BTC I have since it's the only wealth I have to go on.  If my family had some spare that they could invest in BTC, I would have told them to buy more but because of the rising prices of everything today, I doubt they will have something to set aside for something that is not tangible.

I'm just curious why you would have to eat one meal a day when you are living with your parents. You can serve your parents, be their handy man and do the house chores for them and cook for them, I'm sure they can feed you more than once a day.


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January 28, 2024, 02:54:22 PM
 #13

It was quit an impressive move to achieve your success. But starving yourself was not a good decision because food is life instead of that you should just cut expenses down to meet your weekly DCA. For example if your DCA strategy was sorpos to be $10per week, you will reduce it to 5 or $7 at least you will still have a little to feed . Design is the necessity of life and hence if not properly taken care of it might result to what will still Leed to selling of your save coin. So next time take good care of yourself, save in bitcoin and also have an emergency fund.

Coming from a rich family does not guarantee that their children have more advantage to invest than poor. You can't just generalise it because most rich folks also find it hard to lay their hands on their parents wealth. and some reason are because the parent thinks if their children are exposed to money early, it will corrupt them.  By so doing of creating a wrong expression make their children to hustle on their own. So not all rich kid has the opportunity to invest in Bitcoin because most of their parents are also not a fans of crypto currency.

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January 28, 2024, 03:22:51 PM
Merited by DubemIfedigbo001 (1)
 #14

I am motivated by your story, the world has never been an easy place for the male child, especially those who come from a poor home. Yes know that there investments out there that will make people become financially stable, but nothing does it like bitcoin. I have made a resolution that I will start my bitcoin journey, hopefully in few years from now I will tell my success story too. I have a little job am doing but the pay is not much but from it I am able to be buying bitcoin on weekly basis as I am being paid on Fridays. I know patience is required to succeeded in bitcoin investment.
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January 28, 2024, 03:27:10 PM
 #15

Right now, I am saving my weekly Bitcoin rewards on purpose because I already learned the lesson from the past. Government aid are there to be honest but unfortunately distributions were very political. That is why standing on our own feet and surviving during or after the catastrophe does make sense. So invest in Bitcoin, precious metals and real estate if you want to survive.
People who live in countries that have good governance might not understand what many people who are been ruled by corrupt governments face. In some cases there are no means of survival because jobs are not given based on competence but on political patronage and corruption. In such societies, the poor get poorer and the rich richer. The worst part of it is that these poor citizens are also deprived of basic infrastructure that would have made life better for them.

It will usually take strong determination and diligence for people who have no political connection or financial backup to backup to break free from poverty. It usually takes as much depriving oneself of some basic needs because you need to save to invest. I encourage you OP to keep doing what is best for you but also ensure you take good care of yourself. Don't starve or deprive yourself of essential things that make life worth living. I also hope that your investment will keep increasing and will make you financially stable in the future.

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January 28, 2024, 03:43:38 PM
 #16

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well
I am very confusing by reading your post because if you could not have a job, no salary and have to minimize your diet to only single meal per day, how did you invest in bitcoin?

Health is most important so you must have acceptable diet, meals daily to maintain your health. With good health, you can learn, find jobs and use salary to invest in bitcoin.

Quote
Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else.
Bitcoin is best in risk management and ROI but there are other cryptocurrencies that provide better ROIs. The big reminder is they are more risky than Bitcoin and very few people can bet on right altcoins to gain bigger ROIs than Bitcoin.

If you want both, safety and good ROI for your investment, Bitcoin is best.
https://casebitcoin.com/charts#roi_chart
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January 28, 2024, 04:08:09 PM
 #17

Your bitcoin journey is scary and very rough just because you couldn't get a job or a means of income for yourself. Maybe if you had looked for a job by then, you would have had more bitcoin in your portfolio compare to what you have now. Getting a job is very important and with a job, DCA approach of buying bitcoin will give you that ease to grow your bitcoin investment gradually, as long as you are determined and disciplined just like OP.

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.
Bitcoin is worth taking the risk to invest in because it has great potentials, and not only the investment side both it makes nobody to know if you own a bitcoin or not, until you tell them. Why I decided to invest in bitcoin and hidki for long is because I want to make bitcoin part of me and so that I can pass it down to my heir.

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lixer
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January 28, 2024, 04:10:54 PM
 #18

I'm a little bit confused with your story. You had no job but you were already investing, "gathering some Bitcoin for long term hold"? How did you do that? Where did you get the money?

And then you were wretched, looked old even if you were still young, and you even eat single meal a day, but you were living with your parents? How could you feed yourself when you have no source of income? And why should you look after your stomach and couldn't eat 2 or 3 times a day when you're living with your parents?

Anyway, thanks for pointing out that you "can't advice anyone to do the same today." I agree. I advice anybody to live a good life. If the price to pay for that is to have no Bitcoin, it's still worth it.
I had the same thought after reading the story, especially the part where he said he ate 1 meal per day while living with his parents in their house because it can mean two things, his parents were either very poor they couldn't afford much and they were going through the same, or they were doing this deliberately so that he finds a job and starts living his own life because parents usually want us to stand on our feet as soon as possible. After all, they know how hard the practical life is.

However, indeed, things can't always go well for people who don't have any source of income. Most become homeless eventually and that is a struggle for life since you don't even have a place to live and you wander around on the streets hoping for a miracle that might change your life and give you some hope again.

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January 28, 2024, 04:57:07 PM
 #19

I like the advise and tale of success you have deemed fit to share, op. In this day and age, to accumulate BTC on an empty stomach, with bills to pay, with a family or extended family to look out for, with other expenses rising, it would take discipline to maintain focus mostly when peers and friends are living fine and compelling one to do same as them.
Everyone has to find or work out the best possible approach to take to invest in BTC, because it is a more valuable option of crypto currency to HoDL and despite the halving, it would remain so unless Satoshi Nakamoto didn't plan well, but in this case so far seen and studied, BTC as a crypto currency is a successful initiative and everyone considering holding or making investment should do so.

What is to note however is that security of ones wallet is essential to a successful investment plan and shouldn't be taken lightly mostly when friends and peers are aware of such a venture.

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January 28, 2024, 05:26:04 PM
 #20

Your journey is not easy but if you did able to earn some money with BTC then you should used it to apply for a job in your local place until you have a job then you can continue your Bitcoin journey and won't have to eat a single meal per day. As others have said, you shouldn't quit your job jsut because you earn money in crypto. This refers to those who have a job and yet they wanted to quit their job which in my opinion is that a person shouldn't quit their job just because they earn money in Bitcoin. They should think of crypto as a sideline and the money they earn from their job will be the main income.

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January 28, 2024, 05:56:09 PM
 #21

I understand the "too late" fear that grips many newcomers. Seeing others who bought in earlier and are now reaping the rewards can be discouraging. But just like you said, it's never too late to start your own journey. Conviction and a long-term perspective are crucial, especially in a market like Bitcoin's.

While I share your optimism about Bitcoin's future, I also believe stability is still a long way off. The market is inherently volatile, and wild swings are inevitable. It's important to manage expectations and remember that even with conviction, there will be ups and downs.

Ultimately, Bitcoin is a gamble, albeit a calculated one. It's not a guaranteed path to riches, but it can be a powerful tool for those willing to learn, adapt, and weather the storms. The key is to approach it with a clear head, a healthy dose of skepticism, and a commitment to continuous learning.

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January 28, 2024, 06:46:05 PM
 #22

OP, you've been through a lot. But you probably won. Your motivations could be somewhat shorter. Just invest in bitcoins, but you shouldn't skimp on your health. Otherwise, the time will come when your health will ask you for a very expensive bill.
Investments in Bitcoin should not be on the last dollar. Try for a while to find a source of income as an additional job, so as not to spoil your young, but, apparently no longer entirely healthy body.

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January 29, 2024, 06:37:14 AM
 #23

Nice, but you still need a job or a source of income if you still don't have one now.
You won't be able to hold your Bitcoin for a long time like you want to if you don't have a source of income.
Not financial advice, but I won't advise someone to starve himself because he wants to invest. Starving yourself can lead to even bigger health issues that your investment can't solve.

It's good that you're already disciplined enough to invest,  so by the time you get a source of income, it won't be a difficult task for you to set aside a percentage of your income for investment.
I doubt if you'll be able to hold for so long if you were fully dependent on yourself.
Don't rush it, don't feel like you're missing out, develop yourself and get more income.

R


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January 29, 2024, 06:55:01 AM
 #24

Right now, I am saving my weekly Bitcoin rewards on purpose because I already learned the lesson from the past. Government aid are there to be honest but unfortunately distributions were very political. That is why standing on our own feet and surviving during or after the catastrophe does make sense. So invest in Bitcoin, precious metals and real estate if you want to survive.
People who live in countries that have good governance might not understand what many people who are been ruled by corrupt governments face. In some cases there are no means of survival because jobs are not given based on competence but on political patronage and corruption. In such societies, the poor get poorer and the rich richer. The worst part of it is that these poor citizens are also deprived of basic infrastructure that would have made life better for them.

It will usually take strong determination and diligence for people who have no political connection or financial backup to backup to break free from poverty. It usually takes as much depriving oneself of some basic needs because you need to save to invest. I encourage you OP to keep doing what is best for you but also ensure you take good care of yourself. Don't starve or deprive yourself of essential things that make life worth living. I also hope that your investment will keep increasing and will make you financially stable in the future.
Social mobility according to your merit often only happens in societies that are administered by capable individuals and governments, when this is not the case, the only ones that can move forward are those that have connections with those in power or those that are exceptional on their skills.

So it can be very difficult to leave poverty behind for those individuals and they have to make massive sacrifices in order for this to happen, and the OP was able to achieve this due to his ability to understand that bitcoin was unlike any other investment they could pick and invested in it years ago.

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January 29, 2024, 07:26:50 AM
 #25

Without cahs flow, you do not have any means of putting money into Bitcoin, even if all your needs are catered for. Anyone joining Bitcoin now to get rich should realize also that the ROI is no where near what it was ten years ago. They would not get lambos with Bitcoin, except they already had a very good source of income.

If you want to get rich, build your income and reduce your expenditures and liabilities, then invest.

One of the comments i have read in this thread, OP might have a rough starting experience in his journey over the years probably because he had little money at the start of his journey but because he still has someone who provides for him it was easy for him to invest the little money he has.

There is no way one can invest in bitcoin without having money now as bitcoin investment is not as it was when it first started so yeah only rich people can make enough money for themselves in bitcoin investment in a short period. It is best for a person to build wealth before investing else one may just end up investing an amount they can’t afford to lose and probably invest due to fear of missing out.

What I am saying here is that it's still doable if you have the conviction to make things happen, if you crave for changes you will go any lent to make things happen in the right manner and ways, but having a source of income will make things more easier for you, I still considered my story as a easy one because I had my father then, I had a roof over my head in my parents home, and also I don't pay any bills, it was just me and my stomach to feed and my BTC wallet to fill up.

For someone who came from poor home it will become a very big battle to conquer poverty, and for those who come from average or rich home, it becomes easier for them to have a better future because they will have more money to take risks, if you are from a home like mine, you need to strive hard, my battle took me three years, if I have never know Bitcoin and I decided to take the path that everyone in my country was into it would have been harder for me, judging from the present conditions of those who almost stopped my Bitcoin journey, I am not shaming anyone, I am just saying that Bitcoin is worth every shot.

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

Your story is quite touching; it takes a strong mind to stay committed and focused when faced with many obstacles along the way. Despite coming from a low-income background, you were able to overcome all of the challenges. However, investing in bitcoin requires money and one cannot invest without it. I know you said you were making a little money through some internet side gigs, which you were able to invest along with your pocket money.

I'm not sure where you're from, but in a typical African home like the one I come from in Nigeria, having pocket money and having been exposed to bitcoin back in the day is considered a blessing. Therefore, if you were from Nigeria, I wouldn't categorise you as coming from a poor family because in my country, people in your situation are considered average earners. Being from a poor family means that you can never earn anything close to pocket money because you have to work for your money in addition to feeding yourself. This is why it's very difficult for people from poor families to invest in bitcoin.

R


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January 29, 2024, 08:01:59 AM
 #26

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well, where did I get my conviction? I had no other means to have a better future than this, it was like a do or die something for me then, something inside me just appreciate the existence of BTC, like I know something like it was coming to safe me, which I can't advice anyone to do the same today.

Having single meal a day is not a burden instead this is a healthy way of living , even those who are in intermittent fasting having this harder to pursue so what more you have got? you  helped yourself healing mate while also Holding so that is a Win Win situation for you.
let them say whatever they wanted as long as you knew what you are doing and what gives you best return.

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January 29, 2024, 08:27:39 AM
 #27

I prefer investing in bitcoins while I have regular job and whenever I got my salary, I will just simply invest some of it after I deducted the funds that I need for that month and that would be the best way to invest ever and you minimized the risk with it as well.

Bitcoin is something precious to have while you are waiting for your salaries and it is the nicest source of happiness when you finally sold it when it reaches the desirable price you want.

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January 29, 2024, 08:38:48 AM
 #28

I totally agree on you when you said that this bitcoin journey will be a lot easier if you have a stable source of income, that way you can invest consistently without worrying if you still have funds left for your daily survival. And honestly, bitcoin investment will be definitely hard and tough for someone like you who have no consistent flow of income, your faith for bitcoin must be very deep and endless.

It’s seldom to see someone like your faith and attitude towards your investment. A lot might have wanted to invest in bitcoin but only few have succeeded, because majority of them don’t see bitcoin as their future but only for short term profitability and benefits.

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January 29, 2024, 08:42:15 AM
 #29

First of all congratulations! You are an inspiration to a lot

I would like to clear up some things however

Because If I am understanding your post correctly, you were basically living with your parents and thus you did not have any bills to worry about except for food? It might be a little extreme to only eat once a day but since you said you weren’t really working then I guess your body did not require much energy

Investing is a hard thing to do and you might be even lucky because anyone who do not have a job let alone a house could never afford to invest in bitcoin even if they had the money to invest in bitcoin, they would still need some money for themselves

Just a few days ago someone opened up a topic regarding how when investing you still should have a source of income and I think a source of income is the key to successful investment

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January 29, 2024, 09:29:34 AM
 #30

~snip~
However, indeed, things can't always go well for people who don't have any source of income. Most become homeless eventually and that is a struggle for life since you don't even have a place to live and you wander around on the streets hoping for a miracle that might change your life and give you some hope again.

As clarified by OP, it wasn't that he/she didn't have a source of income. It wasn't as if OP didn't have anything. He/she actually was receiving pocket money. He/she also had some side hustles online. As a matter of fact, aside from having online jobs and other ways to earn online, he/she even won from freebitco. So, he/she even has some spare amount for gambling. I find it a little bit hard to consider somebody eating only a single meal a day but can gamble and invest in Bitcoin.

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January 29, 2024, 10:09:02 AM
 #31

OP, you've been through a lot. But you probably won. Your motivations could be somewhat shorter. Just invest in bitcoins, but you shouldn't skimp on your health. Otherwise, the time will come when your health will ask you for a very expensive bill.
Investments in Bitcoin should not be on the last dollar. Try for a while to find a source of income as an additional job, so as not to spoil your young, but, apparently no longer entirely healthy body.
It already did, I had so many appointment with my Doctor in 2022, something I am even feeling ashamed to share on here, most things went wrong in my body system, the Doc said I took a big risk for so long, and he said it will also take me a long time to fully recover again, I have indeed spend a lot of money on medication.

Now I believe that what we do today with our body will later show itself years later, it's like a debt that needs to be paid whether you have the money or not, I am fully ok now, I was told to do some exercise daily and also take some supplement to return some dead missing vitamins back to my body.

I will never advice anyone to do the same thing that I did, it was a risk I took that could have cost me my life, if anyone is struggling now I will advice them to find a job and start making some money first before even thinking about investing any penny.

Thanks for the advice @Lovesmayfamilis

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January 29, 2024, 02:13:08 PM
 #32

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well, where did I get my conviction? I had no other means to have a better future than this, it was like a do or die something for me then, something inside me just appreciate the existence of BTC, like I know something like it was coming to safe me, which I can't advice anyone to do the same today.

What I am saying here is that it's still doable if you have the conviction to make things happen, if you crave for changes you will go any lent to make things happen in the right manner and ways, but having a source of income will make things more easier for you, I still considered my story as a easy one because I had my father then, I had a roof over my head in my parents home, and also I don't pay any bills, it was just me and my stomach to feed and my BTC wallet to fill up.

For someone who came from poor home it will become a very big battle to conquer poverty, and for those who come from average or rich home, it becomes easier for them to have a better future because they will have more money to take risks, if you are from a home like mine, you need to strive hard, my battle took me three years, if I have never know Bitcoin and I decided to take the path that everyone in my country was into it would have been harder for me, judging from the present conditions of those who almost stopped my Bitcoin journey, I am not shaming anyone, I am just saying that Bitcoin is worth every shot.

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.
Bravo OP, you really took risk for the fact that you invested your last dime and could endure the pressure of hunger and starvation. Your story stands as a motivation for newcomers. If I have had got to know about bitcoin as at 12 years ago, by now I would be a legend like you, I would have been doing more of reaping.
 12 years is not 12 days o. Your conviction is now putting food on your table. Now those that wanted to discourage you that you look older than your age will come to you for coaching.
Relating to me when I had the opportunity to join. Robbers attacked me and made away with my properties including my phone and my bank account. This really hindered my chance until the appointed time which is now.
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January 29, 2024, 02:23:13 PM
 #33

It's nice to see someone post about their journey even without a steady job, enduring the life of having minimal living conditions, and still managing to secure a better future. There's always going to be a challenge with skepticism and challenges, it's the belief that you can continue and know the potential of how you can improve your life by doing something about it. It's a great story.

Anyone can do it as long as you are doing the right things and making sure that you are committed. Nice OP.

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January 29, 2024, 02:43:35 PM
 #34

Volatility and demand simply brought it for us and it is still a long way for this technology which is still not known by many countries at this point. Slowly, more companies are starting to adopt with blockchain technology which is really something to look forward with in the future. Truly a game changer in the world of investment and assets. But we shouldn't be too confident given that issues are still present and that Bitcoin still needs improvement especially with transaction fees and overall usage. For us, we all know how profitable it is as an investment but given the presence of risk, we should still managing factors affecting its market value. The rate of decline on its price is always faster than its uprise. Just a warning.
~snip~
However, indeed, things can't always go well for people who don't have any source of income. Most become homeless eventually and that is a struggle for life since you don't even have a place to live and you wander around on the streets hoping for a miracle that might change your life and give you some hope again.

As clarified by OP, it wasn't that he/she didn't have a source of income. It wasn't as if OP didn't have anything. He/she actually was receiving pocket money. He/she also had some side hustles online. As a matter of fact, aside from having online jobs and other ways to earn online, he/she even won from freebitco. So, he/she even has some spare amount for gambling. I find it a little bit hard to consider somebody eating only a single meal a day but can gamble and invest in Bitcoin.
No one would be able to live with single investment unless you have many that it'll fill every gap concerning your daily expenses. With Bitcoin being profitable in this discussion, the increase is not consistent and continuous which means profit will only come in periods and seasons if you're in long term. And with short term investment into it, you won't always win for sure, no one can, which is a conflict if you are someone who plans to only engage into this technology as your primary source of income.

Indeed everyone's dream to someday have their own profitable investments but before you get in such financia state, you will be required of a decent and stable source of income 'coz that's simply a necessity to make a living. Take little steps and nothing will be succeeding over a single night.

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January 29, 2024, 04:28:10 PM
 #35

I’m not one to doubt the struggles and challenges of another but I do believe that there is some exaggeration in certain parts of this story. It’s not realistic that someone that has no job and no means of income would be able to buy bitcoins. And the part of eating just once a day just to have enough to buy bitcoins is a little bit too much for me. I get that you are trying to motivate people to invest in bitcoin but you can do that without the Aladdin story.

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January 29, 2024, 05:01:14 PM
 #36

Conviction is a very powerful thing. Once you decide to invest, no matter how risky or doubtful it is, once the conviction is high, you will really do everything to make it happen. But honestly, investing without a good source of  income is like living a life that you aren’t sure how to survive. However, since you have no other bills to pay, you managed it and focus on growing your investment.

I believe what you did OP throughout your investment process is still very inspiring. Others would have turn their backs into bitcoin and leave it permanently, but you chose to stay determined and motivated because you believe in the power of bitcoin, that your future will only become brighter with the presence of bitcoin. And it totally paid off, now you are living your success I guess, one thing that will not be achieved by those who can’t stand on their investments.

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January 29, 2024, 05:12:46 PM
 #37

Is it your real story?

I don't think I could suggest anyone invest in Bitcoin by eating one meal a day and investing the rest in Bitcoin. You have to understand that Bitcoin isn't the only thing where people can invest. You shouldn't invest in Bitcoin if you cannot afford to lose. A person should not invest in Bitcoin until he has some spare money that he does not need for the next couple of years.

We telling a story like Bitcoin is everything. But, you have to understand that Bitcoin is not everything. Not everyone could be success with Bitcoin. People struggle and suffer. They need food and money to invest in real life business from where they could make money everyday. Holding Bitcoin won't give you money everyday.
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January 29, 2024, 05:41:12 PM
 #38

I would say it would have been worst than what you have mentioned, especially surviving on one meal a day and I am glad that your struggle didn't go in vain and indeed Bitcoin has been the best investment in last decade as no other asset can even come near to what Bitcoin has achieved but I am wondering you have an instinct or knowledge that Bitcoin's value will increase and it would be an investment medium. Everyone has their own share of struggle and sacrifices but conviction makes it successful at the end of the day. Good to see how Bitcoin has transformed lives for better.









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"I could either watch it
happen or be a part of it"
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SatoPrincess
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January 29, 2024, 06:08:31 PM
 #39

Try for a while to find a source of income as an additional job, so as not to spoil your young, but, apparently no longer entirely healthy body.
It seems OP has a successful business after all. Like I said before, it’s unrealistic for someone who can barely afford a three square meal to even think to use the little money they have to invest in bitcoin. Even with a die hard conviction that Bitcoin would be a profitable investment in the long term, it’s extremely difficult for someone in that condition to take such risks.

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January 30, 2024, 09:47:05 AM
 #40

Try for a while to find a source of income as an additional job, so as not to spoil your young, but, apparently no longer entirely healthy body.
It seems OP has a successful business after all. Like I said before, it’s unrealistic for someone who can barely afford a three square meal to even think to use the little money they have to invest in bitcoin. Even with a die hard conviction that Bitcoin would be a profitable investment in the long term, it’s extremely difficult for someone in that condition to take such risks.
Lol, this was after I made so much money from my Bitcoin investment, this thread was before I become who I am today, and the link you shared was after I have enough money to start my fashion designer business,  I don't know why this is very hard to believe for few people on here, there are people struggling in my country and they only eat when they can, they can go few days without food, have you ever been to any Slum before? I can say I was addicted to Bitcoin at the time, but I did it anyway.

Today I did paid heavily on my decision, my body got so weak and I felt like I was dying, but I have gotten passed this, I am now in a good shape, now I rest more and take good nutrition to help me get back in shape, I was accepting Bitcoin as means of payment but after the Ordinals came it became harder because few of my customers that used to pay in Bitcoin couldn't anymore, now it's back to normal but I haven't received any payment in BTC in a while now.

.
SPIN

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January 30, 2024, 09:58:42 AM
 #41


Lol, this was after I made so much money from my Bitcoin investment, this thread was before I become who I am today, and the link you shared was after I have enough money to start my fashion designer business,  I don't know why this is very hard to believe for few people on here, there are people struggling in my country and they only eat when they can, they can go few days without food, have you ever been to any Slum before? I can say I was addicted to Bitcoin at the time, but I did it anyway.

Today I did paid heavily on my decision, my body got so weak and I felt like I was dying, but I have gotten passed this, I am now in a good shape, now I rest more and take good nutrition to help me get back in shape, I was accepting Bitcoin as means of payment but after the Ordinals came it became harder because few of my customers that used to pay in Bitcoin couldn't anymore, now it's back to normal but I haven't received any payment in BTC in a while now.

Surprisingly, I believed your story since I was communicating with another user with almost the same experience. In addition, now, on the contrary, I am happy for you since you are okay. I don’t think that we on the forum need to look for any discrepancies in each text.
The only thing I don’t understand is how you can depend on Bitcoin. Is this a new disease? Morality should always be the same; you can’t earn all the money.
The forces that we invest in the future must be distributed wisely so that when we achieve our goal, we have the joy of victory and do not regret our passion for money.

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..BUY/ SELL CRYPTO..
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January 30, 2024, 10:51:26 AM
 #42

Those who think big and take risks will always find ways to improve and succeed but if we always feel uncertain and afraid, nothing we get but to remain where we are today.

Just like hearing many people regretting for not buying Bitcoin earlier and the reason are just the same - luck of trust and doubts.
But no doubts that early investors had made their right decision and having a proof of the potentiality of Bitcoin. Not all are able to understand and appreciate but have been said that only those who have guts to take risk will be paid off. If we can just turn back the time, I was too certain that if not thousands, probably millions of people will buy Bitcoin.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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January 30, 2024, 11:09:12 AM
 #43

Reading your story, I felt like I was reading my very own story, for it looks exactly like the same, the only difference was or is that for me, I left my father's house at a very tender age, I could not complete my education because my dad married alot of wives and had no money to send all of us (his children) to school, so because of this, I could not complete my secondary education, so, as early as around 18 to 19 years old, I was already out to town and hustling on my own, I was already paying rent and was working for a company that paid me something to use to feed and pay my bills till the next salary, most times, I end up borrowing before the next salary arrives.

When I discovered bitcoin in 2016, even though I had no money to invest, something in me told me to hold on to this for it is my only means of opportunity to becoming rich in life and ending poverty in my family, and I held on.
And today, I will not say that I am rich yet, but I am very comfortable with how much I've achieved, and because becoming rich is a process for some people, I am still on that process of becoming rich.

Bitcoin is the way, its here to save lives and break people free from poverty, it all depends on how one approach it.

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January 30, 2024, 11:23:23 AM
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 #44

First-of-all thanks for the OP.  I came to Bitcoin world in 2021.  But I didn't really know until the end of 2023 that Bitcoin can be held or what Bitcoin holding actually is.  Over the past few months I have been getting a better understanding of Bitcoin holdings.  And I am gaining knowledge little by little from all these sets of bitcoins.  Also I was offline for almost 1.5 year at the end of 2021.  Then I came to the Bitcoin world again.

Anyway, at this time today I thought I would hold bitcoin.  But I belong to a family who are not in a position to help me financially even after seeing the benefits of such work.  So I was a little worried.  Reading your thread today has given me a lot of relief.  I learned a lot of new things.  I have now made up my mind to save some money and hold bitcoin for the foreseeable future.  If you have any more suggestions for me about holding bitcoins, you'll help me as a little learner of the thread.
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January 30, 2024, 11:52:50 AM
 #45

At least you are still alive? did not gather sickness for denying yourself food? since you can still post long story meaning you are still fine with your bitcoin.

I also did some sacrifices in life just to have my sustaining in investing but not to the extent that I need to eat one meal per day as this is insane.

But congratulations to your success now , hope you will not experience sickness because of what you did in the past.

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January 30, 2024, 12:10:10 PM
 #46

Firstly I want to congratulate you on your achievements over the past 12 years. Anytime I come across Early adopters like you it make me wish I was an adopter too in the earliest time.
I must say you seem to be a very disciplined person from your write up because it takes a hell lot of discipline for someone to be able to hodl without a source of income. I bet if you didn't have some assistance from parents you may not have been able to. Because it seems very illogical to be hungry and claiming to hodl Bitcoin.
I think your hypothesis is correct, as far as I know Bitcoin investment is not an easy journey and seeing someone that invest for this long without issue I agree with you that he was under parental care because apart from being under parental guidance I think he won't make it so far.
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January 30, 2024, 12:28:39 PM
 #47

You are still lucky to have your parents with you and get fewer expenses some people already living their own lives and use all of the things they have for their expenses just to keep surviving, with this opportunity having a little suffering will make you gain once the bitcoin hits its another all-time high, if you can make accumulate still enjoy your life its not all about the investment as always enjoy with your family and your earnings. This long journey I guess deserves a small win at least.

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January 30, 2024, 01:03:44 PM
 #48

As long as there is belief and effort, it will give results. Even though we often think that the results are not visible even though we have been there for years. Many of us stop because they feel they have been trying for years but there has been no change in their lives. But some still persist because they believe that change will come someday.

And they are only one step away from seeing the results. These are the ones who will continue to strive to be able to produce even more. They dare to take the risk of waiting for the change. These are the ones who can get more results than they can imagine.

Bitcoin has helped many people even though they still need to follow the Bitcoin journey from the start. If they are willing to try, there will be a way. And that's what they must realize and not give up even though they have been doing it for several years. We won't always be like this, and we still believe that our lives can change, and it will happen if we try.

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January 30, 2024, 03:29:13 PM
 #49

You are saying right. There is nothing before 12 years. A person sold 1000 Bitcoins to buy a pizza. If he holds their bitcoins, he can now buy a company of pizza.
No one knows that the price of Bitcoin pumped too much. Everyone says that it a scam or a shit coin.

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January 30, 2024, 04:07:28 PM
 #50

Prioritizing basic needs like food and healthcare is crucial. Holding onto Bitcoin for a long time while neglecting your well-being isn't sustainable or advisable. Starving yourself or neglecting your health creates bigger problems that no investment can solve.

It's commendable that you're already thinking about investing at this stage, and that discipline will be valuable once you have a stable income stream. However, focusing on developing yourself and securing a source of income should be your primary goal right now.

Remember, financial security is about building a strong foundation first. This means prioritizing your well-being, acquiring skills, and finding a way to earn a living. Once you have that foundation in place, then you can explore different investment options, including Bitcoin, in a responsible and informed manner.

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January 31, 2024, 07:20:47 AM
 #51

First-of-all thanks for the OP.  I came to Bitcoin world in 2021.  But I didn't really know until the end of 2023 that Bitcoin can be held or what Bitcoin holding actually is.  Over the past few months I have been getting a better understanding of Bitcoin holdings.  And I am gaining knowledge little by little from all these sets of bitcoins.  Also I was offline for almost 1.5 year at the end of 2021.  Then I came to the Bitcoin world again.

Anyway, at this time today I thought I would hold bitcoin.  But I belong to a family who are not in a position to help me financially even after seeing the benefits of such work.  So I was a little worried.  Reading your thread today has given me a lot of relief.  I learned a lot of new things.  I have now made up my mind to save some money and hold bitcoin for the foreseeable future.  If you have any more suggestions for me about holding bitcoins, you'll help me as a little learner of the thread.
It's great that you came into Bitcoin trade in 2021, but the next 1.5 years you leave out of the Bitcoin thread is a very sad, because you missed out on a lot of achievements in those 1.5 years. Don't know why you stayed out of the Bitcoin thread for 1.5 years, but what I understand as a small investor is that 2021-2022 and 2023 were a golden period. What has happened has happened, there is no use dwelling on the past thinks now, we should focus more on the present, it's great that you're back on the bitcoin thread, welcome. I hope you never leave like this again.

Now you will always research bitcoin, research bitcoin holdings and always research the crypto market. Because it is very important to know everything about Bitcoin.

Every member always gives honest advice to everyone in our forum, this forum is full of cryptocurrency experts. No one gives wrong advice here. So if you don't understand something, you feel free to ask for help. You will always get the right advice.

Best of luck to you and hope you achieve great success in the future and go far. Always research Bitcoin and Altcoins.

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January 31, 2024, 10:59:12 AM
 #52

Your story is tough for me and all thanks to your parents for making you accomplish such cause I strongly believe without your parents you could not have accumulated such amount you have right now, if probably you could just quit cause without any source of income how can you scale through.
You're actually a strong investor cause not everyone can get so far in the journey and some have already seen bitcoin investment as a risky investment but people who took the risk back then can boldly testify about their investment. That's why bitcoin investment is just a top investment for everyone. With a source of income and a right decision no one will regret investing.

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January 31, 2024, 12:28:53 PM
 #53

I fully understand your story cos I've been in a similar position where you've to deny yourself certain things to pursue your dreams, trust me, these momentary sacrifices pays off big time not only in bitcoin accumulation journey, but career wise too. There's this saying that hunger that has hope doesn't kill a person, the hope of a better life has kept you going during early days and you achieved your aim, congratulations. Your parents are heroes for standing by you and believing in your dreams, I'm sure they're reaping the fruits of their support alongside you.

The wealth journey still continues for whoever missed out on the early days, this is still an early time to accumulate and hold bitcoin, so as to reap its benefits in the future.
You can accumulate using lump sum, or gradually using the DCA strategy. The most important thing is that your investing in this valuable digital assets.

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January 31, 2024, 12:41:26 PM
 #54

Great achievements when it comes to early Bitcoin adopters, this is a good achievement when it comes to something like this. However, it is not everyone in a good state that can bring them selfs so low just because they are trying to achieve something that can profit them what they are respecting in future.
Moreover, it is not everyone here that gets the kind of opportunities that you once hard, just like me I wasn't doing it the right way that's why some like us ended up being scammed because we are trying to buy Bitcoin.
Although, some of these mistakes are made through mistakes and misconceptions makes it work that way, when one is not in possession to get the right informations he will definitely fall apart either been scammed or something else. But j am happy for you as you have hold patiently and you till date and it has given you what you want now.

R


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January 31, 2024, 12:54:54 PM
 #55

It is quite impressive when you are able to hold Bitcoin for 3 years and stick to your guns to hold on to it even when you have no income. I understand what it's like to hold Bitcoin when you have no source of income, it must be quite difficult in the beginning, especially when the market is bearish there will definitely be a desire to sell it, but you persist and eventually get a profit from your investment. This is a true investor, you set your goals from the start and stick to them until your profits are achieved.

R


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itorai
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January 31, 2024, 03:13:49 PM
 #56

Firstly I want to congratulate you on your achievements over the past 12 years. Anytime I come across Early adopters like you it make me wish I was an adopter too in the earliest time.
I must say you seem to be a very disciplined person from your write up because it takes a hell lot of discipline for someone to be able to hodl without a source of income. I bet if you didn't have some assistance from parents you may not have been able to. Because it seems very illogical to be hungry and claiming to hodl Bitcoin.
I also feel like you said, but for me I salute such achievements, it is difficult for me to be in such a position, but until now I continue to try better so that my knowledge about it increases. And 12 years is not a short time, many of them are tired and desperate to end it here, I see the events described are very rare and rarely encountered, honestly to be disciplined it is not an easy thing to do for me, but I still try to be disciplined until it pays off.
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January 31, 2024, 03:38:40 PM
 #57


For someone who came from poor home it will become a very big battle to conquer poverty, and for those who come from average or rich home, it becomes easier for them to have a better future because they will have more money to take risks, if you are from a home like mine, you need to strive hard, my battle took me three years, if I have never know Bitcoin and I decided to take the path that everyone in my country was into it would have been harder for me, judging from the present conditions of those who almost stopped my Bitcoin journey, I am not shaming anyone, I am just saying that Bitcoin is worth every shot.
I agree with you people who come from poor families and have to work in bitcoin understand how difficult it is for them to work in bitcoin. Because once they lose the money somehow they face a lot of trouble and they have to invest very carefully.  I've heard many life stories on this forum about how risky it is to sell land and invest in Bitcoin. Only with that understanding, those who make such investments should check the market and invest. And for those who have more money or come from rich families, investing in Bitcoin is much easier. If they lose investment once then they can prepare for second investment without any problem financially. Of course, whether rich or poor in Bitcoin, they must acquire enough knowledge about Bitcoin. If they don't acquire enough knowledge about Bitcoin, they can't be successful. So we all should check the market and invest in Bitcoin with a long term plan so that we all can be successful with Bitcoin.

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February 04, 2024, 03:52:43 PM
 #58

It is quite impressive when you are able to hold Bitcoin for 3 years and stick to your guns to hold on to it even when you have no income. I understand what it's like to hold Bitcoin when you have no source of income, it must be quite difficult in the beginning, especially when the market is bearish there will definitely be a desire to sell it, but you persist and eventually get a profit from your investment. This is a true investor, you set your goals from the start and stick to them until your profits are achieved.

If you bought bitcoin and the price collapsed, selling is not an option at all, even if there is no source of income, because the point of investing is to increase funds. But you also need to be able to sell the grown bitcoin in time, since many are waiting for its further growth, and as a result, the price falls.


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February 04, 2024, 04:07:20 PM
 #59

If you bought bitcoin and the price collapsed, selling is not an option at all, even if there is no source of income, because the point of investing is to increase funds. But you also need to be able to sell the grown bitcoin in time, since many are waiting for its further growth, and as a result, the price falls.

You have to understand that not everyone could do the things OP did to save his hard-earned Bitcoin. You could stay hungry for a day or two without having a meal or taking one meal a day when you are single. But, if you have a family and have a wife and child who need food, you cannot see them suffering from hunger. No father or a husband could see such situation.

I am glad I am not one of them. Of course investing in something that is likely to grow much is good. But, you have to think about your family and the health as well. Without a good health, you won't be able to survive for a long time. I do not suggest anyone to do the same thing. Always have meal when you can.
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February 04, 2024, 04:20:12 PM
 #60

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

"Slow and steady wins the race" is a suitable example in your case. I belong to a middle-class family, and for us life is a continuous struggle, but I am happy that you have achieved something. I believe that it is necessary that a person should have a steady source of income if he is looking to invest in Bitcoin or any other investment. If you have no income, how will you invest? Commitment and patience are important to succeed in life. Give your 100% and wait for the result, in the end, you will succeed or learn some valuable lessons. 

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February 04, 2024, 04:44:34 PM
 #61

When did you start your BTC journey OP? 12 years ago?

Get your bitcoin seedphrase engraved in metal , at the lowest price. hideyourkeys.io
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February 04, 2024, 05:57:00 PM
 #62

Nothing is inifinite on earth, noticing an extraordinary performance in the past 12 (or 15) years doesn't mean it will be like that in the next 12 coming years. If you win 12 times in a row at a roll dice game, would you bet to win the 12 next times? Actually there are certainly less chances for Bitcoin to continue to rise higher than to go lower since more and more people are in profit and will want to take them at some points. Don't forget its ATH was more than 2 years ago now (November 2021).

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February 04, 2024, 05:58:14 PM
 #63


Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

First of all, well done for sticking it through and keep believing in your dream. Without a job and no steady income it must have been especially hard to keep investing in Bitcoin. But you kept going and now you earn the reward for taking the risks. I do agree with you that bitcoins are a great investment for anybody and that every portfolio should own some coins. The problem with looking at long time periods in bitcoin is that the price increased so much. People who look at the price 10 years ago might get unhealthy expectations about the future. We are living now in a completely different world. Everybody knows about bitcoin and it's much harder to make 100% return today than it was several years ago. Investors who don't hold any bitcoin yet, need to be realistic with their return expectations. Otherwise this will only lead to disappointment and premature sales. The longer the time frame the more profitable a hodling strategy for Bitcoin. So, if you have some spare money today and don't need it, buy some bitcoin, forget about it and look in 12 years at it again.
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February 04, 2024, 06:21:34 PM
 #64


Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

First of all, well done for sticking it through and keep believing in your dream. Without a job and no steady income it must have been especially hard to keep investing in Bitcoin. But you kept going and now you earn the reward for taking the risks. I do agree with you that bitcoins are a great investment for anybody and that every portfolio should own some coins. The problem with looking at long time periods in bitcoin is that the price increased so much. People who look at the price 10 years ago might get unhealthy expectations about the future. We are living now in a completely different world. Everybody knows about bitcoin and it's much harder to make 100% return today than it was several years ago. Investors who don't hold any bitcoin yet, need to be realistic with their return expectations. Otherwise this will only lead to disappointment and premature sales. The longer the time frame the more profitable a hodling strategy for Bitcoin. So, if you have some spare money today and don't need it, buy some bitcoin, forget about it and look in 12 years at it again.

holding it for 12 years is too much. one has to sell especially in the bull market. it's not good for him not to learn to trade even at the time when the cycle renews.
but i got to pat the back of OP for having such dedication eating one meal a day and investing in BTC while jobless. this forum offers a great opportunity though.

i'm sure it's not just him who looks at BTC as their only way. i am close to an age where no company will accept me as a delivery man or a driver. i have no wealth but BTC too.









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February 04, 2024, 07:05:52 PM
 #65

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well, where did I get my conviction? I had no other means to have a better future than this, it was like a do or die something for me then, something inside me just appreciate the existence of BTC, like I know something like it was coming to safe me, which I can't advice anyone to do the same today.
There is always a price to pay for every goal we aim to accomplish in life, and there is always that moment that triggers us into kick-start that goal which we never thought we could accomplished in life. Hence it's been a privilege to have read your story about how you started your Bitcoin journey and how you wish to use this as a medium to encourage others, as anything is possible, inasmuch as they could hunger foe success, it's very possible with the right update, people and environment, and bitcointalk happens to be the best community for anyone to learn all he/she needs to know about Bitcoin.

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Distinctin
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February 04, 2024, 08:29:35 PM
 #66

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well, where did I get my conviction? I had no other means to have a better future than this, it was like a do or die something for me then, something inside me just appreciate the existence of BTC, like I know something like it was coming to safe me, which I can't advice anyone to do the same today.
There is always a price to pay for every goal we aim to accomplish in life, and there is always that moment that triggers us into kick-start that goal which we never thought we could accomplished in life. Hence it's been a privilege to have read your story about how you started your Bitcoin journey and how you wish to use this as a medium to encourage others, as anything is possible, inasmuch as they could hunger foe success, it's very possible with the right update, people and environment, and bitcointalk happens to be the best community for anyone to learn all he/she needs to know about Bitcoin.
Not all of us are destined to be successful in bitcoin but having that conviction and faith like yours is extraordinary. One may be totally motivated when starting to invest but when he start noticing the volatile price of bitcoin, he gets discouraged and think of quitting already. And that’s the normal reaction and attitude towards bitcoin investment for newbies these days, unlike those early investors who are more determined to find the positive side of bitcoin despite of its imperfections and now, most of them have succeeded bitcoin and experienced life changing profits because of their deep conviction with bitcoin.

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February 04, 2024, 09:14:51 PM
 #67

Thanks for sharing little knowledge and experience before cashing out from Bitcoin and is not easy and it only takes courage to hold Bitcoin for a long period of time and again no other sources of income and you really take a good decision in the right time and I believe your millionaire by now and have been paid the price yesterday and Bitcoin is not get Rich quick, but get rich is sure as long you have the patience to pay the price.
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February 04, 2024, 09:25:35 PM
 #68

Bitcoin's growth in the last 14 years has been incredible - it's hard for competitors to match it [altcoins]. Bitcoin's performance is beyond doubt and everyone has studied it throughout history, of course this can be proven based on data. It's not just about price - but bitcoin's growth is also about its adoption as a currency. Real use cases have been increasing and they will increase further over time - so greater growth can still be expected.

In the next few years - perhaps we will have several countries announcing that they are starting to adopt bitcoin as a means of payment. It is very possible and I see it as one of the prospects that will benefit its adopters.

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February 04, 2024, 11:31:03 PM
 #69

Bitcoin investment is one of a kind and it’s exceptional not only on the part of its investors but even to its competitors I guess. There’s no such investment that has been declared as dead many times but look at it now, bitcoin even come to flourish and it’s on its way to its peak. However, investing in bitcoin is never a smooth sailing as well, like you could be an instant millionaire but you could also lose millions in a day, that it’s more like gambling for some. But with innermost conviction, taking the risk will be worth profitable in time.

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February 05, 2024, 02:10:06 AM
 #70

Bitcoin investment is one of a kind and it’s exceptional not only on the part of its investors but even to its competitors I guess. There’s no such investment that has been declared as dead many times but look at it now, bitcoin even come to flourish and it’s on its way to its peak. However, investing in bitcoin is never a smooth sailing as well, like you could be an instant millionaire but you could also lose millions in a day, that it’s more like gambling for some. But with innermost conviction, taking the risk will be worth profitable in time.
Other investors never had to face what we had to, since bitcoin was created there have been many other success stories, however since those new business models did not affected the interests of other powerful companies they were allowed to flourish.

But bitcoin affects both banks and governments, and they have used all their resources to try to discredit bitcoin over the years, which is why the FUD can be so intense on this market, however since bitcoin is such a solid asset their attempts to scare people away have always failed.

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February 05, 2024, 02:33:23 AM
 #71

Everyone has an interesting story with Bitcoin. Some of these stories are full of suffering, but in the end they will be inspiring to the following generations.

It is good that you put your goal before your eyes and were determined to achieve it despite all the circumstances. Success does not come easily, but rather requires a lot of patience and endurance, but the good result will make you forget all of this.

Bitcoin has opened the way for many poor people to obtain their financial freedom, of course, not as some people imagine of getting rich quickly, but it has provided many opportunities and opened doors that were closed before, I am personally one of the people for whom Bitcoin has changed their lives for the better.

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February 05, 2024, 02:38:16 AM
 #72

I wish I did start 12 years ago and I would've been a millionaire already, I've started learning about bitcoin around 2015 or 2016 but I didn't really pursue an in-depth learning about it and then my classmates are talking about it when I was still in high school around 2017 and from then on, it's just continuous pursuit in knowledge and learning more how to be financially responsible day by day, I'm still glad though that I was able to learn and invest in bitcoin, the title is definitely right, there's really nothing like it and with the help of bitcoin, I'm probably going to live a really well off life if I just hodl and trust it to grow in the future.



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Rainbot
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February 05, 2024, 12:15:53 PM
 #73

If we can just bring back the past, I was certain that millions of people would invest in Bitcoin but we don't and what we have now is just to imagine if we buy them 12 years ago, we are rich already. But this is life, nobody had thought that Bitcoin would be valued that much because what we thought before was that it only disappeared. Sometimes we feel regrets but have to accept that most of us don't see the value of a particular thing early, it usually happens later. However, we still be happy as there's a chance left that is why we don't have to ignore this time and take the opportunity before it is gone forever.
MusaMohamed
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February 05, 2024, 01:34:12 PM
 #74

If we can just bring back the past, I was certain that millions of people would invest in Bitcoin but we don't and what we have now is just to imagine if we buy them 12 years ago, we are rich already. But this is life, nobody had thought that Bitcoin would be valued that much because what we thought before was that it only disappeared. Sometimes we feel regrets but have to accept that most of us don't see the value of a particular thing early, it usually happens later. However, we still be happy as there's a chance left that is why we don't have to ignore this time and take the opportunity before it is gone forever.
If there is ability to bring the past back, it is similar to roll back the blockchain. This ability will not help Bitcoin to increase its value because we know lost bitcoins are donations to everyone.

Some estimations that about 3 or 4 millions of bitcoin already lost and it helps to reduce total circulating supply and total supply of Bitcoin. If you can go back to the past, those million bitcoins will not be lost. We will have more bitcoins to dump on the market in 2024 and we will not have a unique Spot ETF in history with limited supply.

Lost Bitcoin: 3.7 million Bitcoin are probably gone forever.

R


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February 05, 2024, 02:10:54 PM
 #75

...my battle took me three years, if I have never know Bitcoin and I decided to take the path that everyone in my country was into it would have been harder for me, judging from the present conditions of those who almost stopped my Bitcoin journey, I am not shaming anyone, I am just saying that Bitcoin is worth every shot.
Soon these same people will accuse you of not coercing them enough when they showed reluctance to follow you or learn about Bitcoin. Just wait, they will soon come. That's if they haven't already started saying it behind you. Humans are like that. We find way to blame someone else for our woes, even when it's clear we inflicted such on ourselves. Those who do that  don't deserve anyone's empathy, frankly. Anyway, we applaud you now, reading your journey through the valley of hunger pangs to your point of fulfilment. The thing now is that such tremendous achievement isn't likely anymore within a short period of time with Bitcoin investment alone as Bitcoin doesn't give those jaw dropping ROI it gave a few years ago. Gone are those days. Altcoins can do that now but it depends of finding those gems that can do it.

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February 05, 2024, 02:17:51 PM
 #76

At first, I would want to extend a toast to you, OP, for your amazing accomplishments and the success you have gained from your bitcoin investment. Though I'm curious, how did you obtain the money to invest given your years of financial hardship, unemployment, and self-discipline to save and buy bitcoin? Your story is incredibly inspirational. Have you asked your parents for money or anything like that? Nevertheless, your story demonstrates the value of perseverance and the capacity to grasp chances as they present themselves. For me, persevering in pursuing achievement in the face of difficulty in the real world requires a great deal of guts and determination.
 
I think it takes serious thought and risk management to invest in bitcoin; it's not an easy choice. It is really amazing how eager you are to take measured chances and how perceptive you are about the potential of bitcoin as a game-changing investment opportunity. Because even though many others were doubtful, you had the vision to see the potential and growth of bitcoin. I think that your story should serve as a reminder to everyone that there is always hope for a brighter future, despite how bad things may currently be.

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February 07, 2024, 06:18:25 PM
 #77

If you bought bitcoin and the price collapsed, selling is not an option at all, even if there is no source of income, because the point of investing is to increase funds. But you also need to be able to sell the grown bitcoin in time, since many are waiting for its further growth, and as a result, the price falls.

You have to understand that not everyone could do the things OP did to save his hard-earned Bitcoin. You could stay hungry for a day or two without having a meal or taking one meal a day when you are single. But, if you have a family and have a wife and child who need food, you cannot see them suffering from hunger. No father or a husband could see such situation.

I am glad I am not one of them. Of course investing in something that is likely to grow much is good. But, you have to think about your family and the health as well. Without a good health, you won't be able to survive for a long time. I do not suggest anyone to do the same thing. Always have meal when you can.

As bad as it sounds, you need to be out of your mind to invest your last savings. Investing means investing money that you can afford to lose, not the last money for food and family.


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February 07, 2024, 08:08:43 PM
 #78

Without a source of income, you can't survive anywhere, either in real life or online. Until you become financially established and solvent, you should have a job or business to earn money. So that you can survive and invest in Bitcoin from your savings. Once you start investing following the DCA strategy, it will be a big amount one day. So you may come out of a poor life. It's good to see that you know about Bitcoin and try to accumulate it. I believe you can do something good with your crypto investment. You just need patience.

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February 07, 2024, 08:57:38 PM
 #79

You really mentioned and highlighted many important points, OP.

Regarding your story, you were fortunate, and it's good that circumstances were going in your favor. The most challenging aspect for anyone on their journey is managing bills, rent, and other expenses that could halt their Bitcoin investment journey. It is necessary for investors to have an additional source of income and to invest a portion in Bitcoin that does not affect the stability of their lives. Indeed, whoever does not have an additional source of income from which he can obtain a good salary will not succeed in becoming a long-term investor and will not be able to increase his holdings of Bitcoin. If he continues in this state, he is expected to make one of the wrong decisions. I agree that Bitcoin is one of the best investments that create wealth, but it is an investment that requires sacrifice, a plan, careful measures, risk management, and capital.

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February 07, 2024, 09:11:49 PM
Last edit: February 07, 2024, 09:24:35 PM by AmoreJaz
 #80

You really mentioned and highlighted many important points, OP.

Regarding your story, you were fortunate, and it's good that circumstances were going in your favor. The most challenging aspect for anyone on their journey is managing bills, rent, and other expenses that could halt their Bitcoin investment journey. It is necessary for investors to have an additional source of income and to invest a portion in Bitcoin that does not affect the stability of their lives. Indeed, whoever does not have an additional source of income from which he can obtain a good salary will not succeed in becoming a long-term investor and will not be able to increase his holdings of Bitcoin. If he continues in this state, he is expected to make one of the wrong decisions. I agree that Bitcoin is one of the best investments that create wealth, but it is an investment that requires sacrifice, a plan, careful measures, risk management, and capital.

without backup of your financials would really be hard on how you can handle your finances. because the tendency of selling your assets is always there if you have no other means of income. this is why for some holders, even if they don't want to sell, they need to sell because of tight budget. how can you blame them, right?

the OP was lucky to keep up his journey on this market and see the light at the end of the tunnel. because the truth is, a lot got burnt and left this market without seeing the profits that they were aiming at.

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February 07, 2024, 09:41:36 PM
 #81

People have learned how difficult it is when we only have 1 source of income. It is just remembering 10 years, 20 years ago we just simply ignored many opportunities that we see around, and even Bitcoin because what is in our mind is that we already have enough without thinking inflations comes.

Now, we feel regret for not taking it and we realize how important to plan our future ahead of time. Just imagine why rich people become richer because they have plans already, they invest in something that they will think they could benefit from. Just like investing in Bitcoin, if we all see its potential 12 years ago, many of us are rich already but as usual, it is too late to notice.

R


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February 07, 2024, 11:51:51 PM
 #82

There is no other crypto investment that has succeeded more than a decade, it’s always been bitcoin so never hesitate but take the risk. But always do your own diligence to study and learn the process first because that will be your edge in winning your investment. Although bitcoin is not a perfect investment as it does not guarantee all time profits and rewards, but believe me it’s always better than any other crypto or physical investments around.

R


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February 08, 2024, 03:15:48 AM
 #83

I am reading the part of your life journey. I hope many of people in the world have different kind of journey about life. you are the one of them. Your journey must be inspire us. For success of life we have to the same. Unfortunately now if we have no any cash flow did not think so about investment.

Just we have one of the assets. The assets is hard working.
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February 08, 2024, 03:40:48 AM
 #84

I don't know who needs to hear this, I had no job when I started gathering some Bitcoin for long term hold, I looked wreteched for few years, I eat single meal per day, I looked old at a young age, like those who don't want me to carry on my BTC journey used to tell me, but in the end it all went well, where did I get my conviction? I had no other means to have a better future than this, it was like a do or die something for me then, something inside me just appreciate the existence of BTC, like I know something like it was coming to safe me, which I can't advice anyone to do the same today.

What I am saying here is that it's still doable if you have the conviction to make things happen, if you crave for changes you will go any lent to make things happen in the right manner and ways, but having a source of income will make things more easier for you, I still considered my story as a easy one because I had my father then, I had a roof over my head in my parents home, and also I don't pay any bills, it was just me and my stomach to feed and my BTC wallet to fill up.

For someone who came from poor home it will become a very big battle to conquer poverty, and for those who come from average or rich home, it becomes easier for them to have a better future because they will have more money to take risks, if you are from a home like mine, you need to strive hard, my battle took me three years, if I have never know Bitcoin and I decided to take the path that everyone in my country was into it would have been harder for me, judging from the present conditions of those who almost stopped my Bitcoin journey, I am not shaming anyone, I am just saying that Bitcoin is worth every shot.

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.
This isnt really just that limited on Bitcoin investment but also in other things as well on which you would really be needing up to make some move for the better or for your future. Nothing could be reached out
without doing anything not unless if you do came from a wealthy family on which you could really be having those kind of advantage on which you wont really be that making yourself that be stressful in talks about
having that good future when it comes to finances. You wont really be minding much but for those who are struggling then of course it would really be just that normal that you would really be needing to take such
act if you do want or like on having some progress into your life.

bitcoin investment or any other forms of investment is something that you should need to consider but if you are just that lazy enough then it would really be your choice
whether you would really be making a move or not basing into your own conditions on which its a matter of own decisions in life.

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February 08, 2024, 03:29:38 PM
 #85

As bad as it sounds, you need to be out of your mind to invest your last savings. Investing means investing money that you can afford to lose, not the last money for food and family.

That's what I meant. Everyone cannot do these kinds of things and it's not necessary as well. People need to stay healthy and strong so they can work. So, it's never advised to save money without having a meal. You cannot even imagine doing these things if you have a family who needs food. Even men stay hungry to feed their family members. I have seen and heard a lot of times that the father didn't eat but they bought a good meal for their kids. You should invest only if you have some spare money.
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February 09, 2024, 11:57:26 AM
 #86

Your journey is not easier without a source of income, it doesn't exist.

Without cahs flow, you do not have any means of putting money into Bitcoin, even if all your needs are catered for. Anyone joining Bitcoin now to get rich should realize also that the ROI is no where near what it was ten years ago. They would not get lambos with Bitcoin, except they already had a very good source of income.

If you want to get rich, build your income and reduce your expenditures and liabilities, then invest.

 I think these is purely Truth in as much Bitcoin is concerned now one can't totally survive it without any source if income even if your survive it will be very hard to achieve it fast one need little source of income and then cutdown expenditure as state, the cost of investing on Bitcoin can't be easily handled with income any investment made with income can be easily withdraw that is why is advisable for such to be put in place. Hunger is one thing that is serious barrier no body can withstand it when he have saving and no one will die why saving those are area one need tackle for to move out from things that we limit you from achieving the investment and making it at the end.

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February 09, 2024, 12:18:09 PM
 #87

As bad as it sounds, you need to be out of your mind to invest your last savings. Investing means investing money that you can afford to lose, not the last money for food and family.

That's what I meant. Everyone cannot do these kinds of things and it's not necessary as well. People need to stay healthy and strong so they can work. So, it's never advised to save money without having a meal. You cannot even imagine doing these things if you have a family who needs food. Even men stay hungry to feed their family members. I have seen and heard a lot of times that the father didn't eat but they bought a good meal for their kids. You should invest only if you have some spare money.
If investing is not our priority, even having extra money still won't go into investment instead, it go into useless stuff. But if we think about our future, even earning small money, we could still have extra money to start an investment. But you are right, we don't need to sacrifice our health just for the wants to save and have investments still we need to know what is our first priority and what is less priority. To have a better future, we have to make a plan earlier and a goal in life as this will serve as our motivation why we work hard and we should save money.

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February 09, 2024, 02:58:37 PM
 #88

If investing is not our priority, even having extra money still won't go into investment instead, it go into useless stuff. But if we think about our future, even earning small money, we could still have extra money to start an investment. But you are right, we don't need to sacrifice our health just for the wants to save and have investments still we need to know what is our first priority and what is less priority. To have a better future, we have to make a plan earlier and a goal in life as this will serve as our motivation why we work hard and we should save money.
People are forget if we need to start from small to achieve bigger thing, people are only obsessed with the big thing in instant.

Instead of how to manage our money right now, they're always imagining if someone them $1 Million, they will use their so called financial management e.g. $100K for car, $100K for parents, $500K for business and $300K for investment or any other scenarios.

We can start to invest as small as possible without waiting until achieve x amount.

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February 09, 2024, 03:30:56 PM
 #89

If investing is not our priority, even having extra money still won't go into investment instead, it go into useless stuff. But if we think about our future, even earning small money, we could still have extra money to start an investment. But you are right, we don't need to sacrifice our health just for the wants to save and have investments still we need to know what is our first priority and what is less priority. To have a better future, we have to make a plan earlier and a goal in life as this will serve as our motivation why we work hard and we should save money.

I have heard stories that a wealthy person has always spent only a few cents a day begging in the street for money. Nobody knew he had many acres of land and a house too. When the guy passed out, people figured out that he was saving money for an unknown reason and he was living like a homeless guy. I know a person, who is mentally ill and he always begs for money to eat even though he is more wealthy than most of us. I don't know what kind of mental problem it is, but he understand everything. Nobody ever able to spent a dollar from him.
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February 09, 2024, 04:46:35 PM
 #90

After the discovery of Bitcoin, especially since 2016, people's perception towards it has started to change. Since 2016, major changes have been observed among investors. Initially people were not aware about Bitcoin, gradually people are getting attracted towards it. The position that Bitcoin has built over the past 12 years cannot be expected on any other platform. Bitcoin has delivered more than what people have come to expect from Bitcoin and this continuous improvement will continue into the future. Many people can predict to an extent where Bitcoin's position will go in the next 12 years than in the past 12 years.

In 2010, the price of a Bitcoin was around 1 cent, Bitcoin rose to its highest price in 2021 which reached around $70,000. What I will say here is that if a person tries to hold his investment after getting proper knowledge about Bitcoin and can do it for long term then he can definitely get more than his expectations from Bitcoin.

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February 09, 2024, 05:02:17 PM
 #91

I am motivated by your story, the world has never been an easy place for the male child, especially those who come from a poor home. Yes know that there investments out there that will make people become financially stable, but nothing does it like bitcoin. I have made a resolution that I will start my bitcoin journey, hopefully in few years from now I will tell my success story too. I have a little job am doing but the pay is not much but from it I am able to be buying bitcoin on weekly basis as I am being paid on Fridays. I know patience is required to succeeded in bitcoin investment.
what you are doing is called DCA method (Dollar-cost averaging), Buying small amount of an asset as much as you can afford. and believe me my friend that's very effective way to accumulate bitcoins nowadays,
A lot of folks stacking up and filling their crypto bags with this method.
And i wish you luck for your bitcoin Journey too. hope you'll share your success story here with all of us one da.

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February 09, 2024, 05:45:56 PM
 #92

Because since the past 12 years, there is no investment that does it better than Bitcoin, you can't find anything like this anywhere else, it's worth every fight and hustle, but your journey will be way easier if you have a source of income, don't give up, always give your best short, you are on the right path.

I agree. People who are not investing into Bitcoin are simply afraid. And that fear is what makes them continue holding their fiat until it deflates into nothingness. Conquering that fear is one of the very first tests of adulthood. No guts, no glory.

Although young people do require our assistance in investing and researching good investments. They really have no idea what they are doing, and chances are, they will lose money before they learn to make it.

But how valuable Bitcoin will be in the future, they should have already seen themselves.

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February 09, 2024, 07:20:37 PM
 #93

People are forget if we need to start from small to achieve bigger thing, people are only obsessed with the big thing in instant.

Instead of how to manage our money right now, they're always imagining if someone them $1 Million, they will use their so called financial management e.g. $100K for car, $100K for parents, $500K for business and $300K for investment or any other scenarios.

We can start to invest as small as possible without waiting until achieve x amount.
Starting from a small investment is very easy, the difficult thing is how to make the investment gradually and according to the strategy that has been set. It is not easy to hold long term especially when the nearest price target has been reached. But to reach unreasonable prices certainly requires diamond hands and clear planning. Long-term investments will be full of scenarios that must be created up front.
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February 09, 2024, 08:12:33 PM
 #94

After the discovery of Bitcoin, especially since 2016, people's perception towards it has started to change. Since 2016, major changes have been observed among investors. Initially people were not aware about Bitcoin, gradually people are getting attracted towards it. The position that Bitcoin has built over the past 12 years cannot be expected on any other platform. Bitcoin has delivered more than what people have come to expect from Bitcoin and this continuous improvement will continue into the future. Many people can predict to an extent where Bitcoin's position will go in the next 12 years than in the past 12 years.

The bitcoin was create before the 2016,the bitcoin was get the good demand in the market after the 2016.The demand of the bitcoin was increased slowly among the traders in the market.So many people brought huge bitcoin at low price in 2016-2017.The price of bitcoin was crossed above the value of 19k dollars which give the free marketing for the bitcoin in the cryptocurrency market.


In 2010, the price of a Bitcoin was around 1 cent, Bitcoin rose to its highest price in 2021 which reached around $70,000. What I will say here is that if a person tries to hold his investment after getting proper knowledge about Bitcoin and can do it for long term then he can definitely get more than his expectations from Bitcoin.

The people who hold the bitcoin from the very long period had become the millionaires during pandemic time.The pandemic time make the money steady one in the home,this made many people to buy the bitcoin for the free money which leads to the all time high of 60k+ and still people waiting for that 60k+ dollars.
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