What is bitcoin for you?

[CryptoBuds]

To me, Bitcoin represents a revolutionary form of digital currency that operates on a decentralized network. It offers a way to transfer value and store wealth without relying on traditional financial institutions or government-issued currencies and a way for easy investment.

I agree with everything you said except this line: "a way for easy investment". What do you mean by that? Maybe I'm wrong, but it looks like you mean that investing in Bitcoin is an easy way to make money. I want to say that this is simply not true. There's no easy way of investing, and Bitcoin is not an exception. A lot of people are turning their backs on Bitcoin just because they had a bad experience with investing in it in the past. We don't need that.

I take it another way, I think what he means is that investing in bitcoin will be easier and freer than other investments. Because we do not need to verify minor age or provide identification documents for verification such as investing in stocks, forex...Anyone can easily invest in bitcoin if they want and have basic knowledge about it without being constrained or prohibited by regulations. But if what you say is what he wants to say then I will also object because making profits from bitcoin has never been easy, and not just with bitcoin, making money has never been easy in this life whether offline or online.

[red4slash]

You will never be able to learn about Bitcoin through links and videos alone. There are senior brothers here notice their posts and you follow them, surely you can roam around this forum like Free Bird and surely gain maximum learning by observing the posts of senior brothers.

you would be able to learn about the basics and the fundamental concepts of bitcoin by reading and watching videos that explain how it all works but personally, I think that the best teacher truly is experience.

There is nothing like experiencing the volatility and the fluctuation of a market in real time. You will never understand FOMO and FUD unless you have lived it yourself.

Everyone has a role so it is inevitable that learning and experience are one of the supporting factors for us to continue to be able to do more and get good results when we are in bitcoin.

Experience will indeed lead us to be more careful and not realize what we should do and what we should not do. But to achieve and gain experience like that we have to have the courage to try and of course when we start to try directly in Bitcoin then we definitely have to have enough knowledge and learning so that we don't make the wrong move even though in the end there will definitely be several different and unlike conditions. what we expect, but on the other hand, at least with learning we can minimize losses and get good enough experience so that learning becomes a good initial option to gain experience in the end.

[tottong]

Everyone has a role so it is inevitable that learning and experience are one of the supporting factors for us to continue to be able to do more and get good results when we are in bitcoin.

Experience will indeed lead us to be more careful and not realize what we should do and what we should not do. But to achieve and gain experience like that we have to have the courage to try and of course when we start to try directly in Bitcoin then we definitely have to have enough knowledge and learning so that we don't make the wrong move even though in the end there will definitely be several different and unlike conditions. what we expect, but on the other hand, at least with learning we can minimize losses and get good enough experience so that learning becomes a good initial option to gain experience in the end.

Without experience we will never succeed in achieving success and that applies wherever we are because experience is the best teacher for us to learn from failure.
There are many people who are actually able to get up after experiencing failure and others give up and in the end will leave the job so they will not get anything.

When trying to invest, you must have knowledge because it is impossible for someone to be interested in investing if they don't know how.
Allocate sufficient funds to get started and learn how to sell or buy, Bitcoin is a way for anyone to make money but there is also the potential for loss if you don't have good skills in recognizing it.
If the investment is carried out correctly for the long term then the chance of experiencing losses will not occur at all because bitcoin always has the ability to recover before reaching its highest value.

[Fara Chan]

To me, Bitcoin represents a revolutionary form of digital currency that operates on a decentralized network. It offers a way to transfer value and store wealth without relying on traditional financial institutions or government-issued currencies and a way for easy investment.

Apart from the two things you mentioned, Bitcoin can also provide benefits for investors and Bitcoin holders in the long term without having anything to do with any government in the world. So that is what has triggered more people to continue buying and owning as much Bitcoin as possible for a long time in order to get maximum results when it is considered a better investment in the life of everyone who wants to hold it. And one more thing is that people who have chosen Bitcoin as their future investment will never forget Bitcoin in their lives.

[jaberwock]

I have felt a lot of benefits from Bitcoin, this is my belief in investing for the future and I invest much more calmly even though there is a big risk, but I am quite sure there will be big profits too.

There are many benefits of Bitcoin that we can experience now and in the future. The point is that we have to believe and learn many things before doing anything, whether trading or investing.

But again, every positive benefit that we can get is also accompanied by the same level of risk, so if we can learn to minimize this, there will be quite a lot of positive things or benefits that we can get.

I believe that the reality of the world we are living right now is too easy to see, bitcoin is definitely something that improves most peoples lives if they use it well, and yet it is something that can ruin people if they use it terribly.

Like someone who goes all-in with a futures and loses all their money with one trade could not make their life better, they have to realize that it is not going to be something that will take care of the situation that easily. Whereas, someone who has been constantly putting money at the first of every month for the past 5+ years, would be super wealthy right now. That's why it's quite important to know what you are doing, if you know what you are doing then bitcoin could make you very rich.

[Peanutswar]

Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

You came already here in the forum all of the discussions here are related to the bitcoin itself that's why it's named as "BITCOINtalk" in what particular field of the bitcoin you would like to know so we can give you a heads start what are the things you need to know as your starting part with your journey?.

To me, Bitcoin represents a revolutionary form of digital currency that operates on a decentralized network. It offers a way to transfer value and store wealth without relying on traditional financial institutions or government-issued currencies and a way for easy investment.

Apart from the two things you mentioned, Bitcoin can also provide benefits for investors and Bitcoin holders in the long term without having anything to do with any government in the world. So that is what has triggered more people to continue buying and owning as much Bitcoin as possible for a long time in order to get maximum results when it is considered a better investment in the life of everyone who wants to hold it. And one more thing is that people who have chosen Bitcoin as their future investment will never forget Bitcoin in their lives.

To those people who understand the price movement of the market its good to see that they are still accumulating coins after the halving because we know the possible potential of the bitcoin for the next coming days, you enjoy the perks of using the bitcoin like fast transactions, transparent, and secured. Also you can earn through making trades even spot or futures for additional income.

[Betwrong]

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I take it another way, I think what he means is that investing in bitcoin will be easier and freer than other investments. Because we do not need to verify minor age or provide identification documents for verification such as investing in stocks, forex...Anyone can easily invest in bitcoin if they want and have basic knowledge about it without being constrained or prohibited by regulations.

I wouldn't consider that a positive side of Bitcoin. Those verifications are required for a reason. If someone is too young, I mean, before the age of 18, he/she probably can't come up with a right decision on which part of their possessions to invest. I'm deliberately not saying when to invest because no matter the age no one knows that.

But if what you say is what he wants to say then I will also object because making profits from bitcoin has never been easy, and not just with bitcoin, making money has never been easy in this life whether offline or online.

Right. That's why you shouldn't risk all your money when investing, which young kids might do.

[Katherine_Alicia]

in a word "Hope" and also protection against inflation theft, if you beleive the 2% inflation figure, it means for every £1000 you try and save, £20 of that is stolen from you each year! so if I put some into BTC, I can be making as much value as I`m losing,
but I can also use that fiat for emergencies so that I don`t have to dip into my BTC, it`s like 2 chess peices on a board both protecting each other.