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Author Topic: how much do you love bitcoins?  (Read 783 times)
PrivacyG
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June 13, 2024, 10:16:47 PM
 #21

I would marry Bitcoin.
I would leave my country for Bitcoin.  Hell.  I would leave Earth for it.
I would commit Crime for Bitcoin.
My love for it is immeasurable and infinite.  May Bitcoin be Blessed and may it be the Love of our lives.

On a serious note now.  I think you are over exaggerating the situation.  We like Bitcoin for what it does, but I do not think it is healthy to 'love' it so much that you love it more than you love your country or your family.  If that is the case, there may be a problem.

Of course I would skip my Dollar Cost Average to help my family.  I am sure there are others who would not, but not because it is Bitcoin.  But because this is how they are, they would not give up things and plans for family.

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June 13, 2024, 10:42:49 PM
 #22

Sorry I may be asking so many questions at once, but I am having a rush of related thoughts amd just had to share it for us to learn.
How much do you love bitcoins? But think about it, what kind of situation do you think can push you into stopping to hold bitcoins and invest more in it? please share your episode.
Has your love for Bitcoin surpassed your love for country? If your government threatens arrest for anyone found to still be involved in bitcoins, are you willing to go to jail even if it is just for a day?
Will you be willing to relocate from your country to another region if the environment becomes unsafe for people like you who have invested in bitcoins?

If you had money that you had already planned to DCA into bitcoins and a close family member or friend with a pressing financial need comes up to you to ask you for some financial help, will you be willing to skip your DCA plans and help them? How should we react in such a situation.
My love for bitcoin is like that of a business man that sees an avenue to invest his money and make profit out of it, and wouldn't hesitate to seize the opportunity to make investment.  The love for my mother land is not in contention as I don't see that affecting my bitcoin investment, bitcoin is decentralized so government policies within my country wether positive or negative don't have any direct impact on my investment, also my bitcoin is my private business so no matter how hostile a country might want to be against bitcoiner, it will really not have significant impact on them, so the need to relocate doesn't really hold water.

DCA investment is not a one time thing, it's a gradual process which allows you make investment within your ability for a period of time, so a one time help of a family member that is in need shouldn't stop you from your DCA plan.

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June 14, 2024, 12:07:45 AM
 #23

     I love Bitcoin, and because of him, there were altcoins. But right now I can't afford to buy a large amount of Bitcoin. That's why I'm applying the DCA methods while I'm actually saving it in my wallet. Now, if I hope to make a big profit here in bitcoin in the bull run that we are facing, I don't think I will be able to make a big profit in bitcoin yet. Because I'm not like Microstrategy, Elon Musk, or Vitalik Buterin, who are capable of buying multiple bitcoins.

     Maybe for now, I will first prioritize accumulating a lot in the top altcoins listed in the market that can increase my capital by 20x or more, because we know that this bull run will not be able to multiply Bitcoin's price in the market by at least 10x of our capital.

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June 14, 2024, 12:28:17 AM
 #24

I love Bitcoin and I love my country. If it happens that my country bans Bitcoin, I'd secretly keep my Bitcoin while staying in my country. But I'm sure it won't stop there. Opinions change. One administration may be against Bitcoin. The next administration may support it. Or it's possible that an existing administration's opinion of Bitcoin changes before it ends.

Sacrificing money for the sake of relatives and friends depends on the situation. If it's urgent or a life and death situation and they've already exhausted all means, I can easily cancel my DCA. But if it isn't or if it's largely due to laziness or unnecessary dependency on others, I won't be sacrificing any.

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June 14, 2024, 01:43:40 AM
 #25

If love means trust then yes. I am very convinced that nothing can make me pull out my investments from bitcoin unless it is time for me to take profit. I know for a fact that any dip in the market is just temporary and I shouldn't panic and suddenly take out my coins out of fear.
If you had money that you had already planned to DCA into bitcoins and a close family member or friend with a pressing financial need comes up to you to ask you for some financial help, will you be willing to skip your DCA plans and help them? How should we react in such a situation.
It depends. Is it an emergency, a health one perhaps? If it needs urgent money then I would be willing to help but if it really isn't then I might tell them that I do not have extra money but this will only apply in extended family. Ofcourse my family is my priority over anything else.









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June 14, 2024, 03:20:00 AM
 #26

How much do you love bitcoins? But think about it, what kind of situation do you think can push you into stopping to hold bitcoins and invest more in it? please share your episode.
Bitcoin has changed many things in my life, since I started investing in Bitcoin, there are so many benefits that I have gained from it. However, in loving something, we are always taught not to love too much, or in other words, love something without having to cross the line.
It's hard to describe what kind of situation made me stop investing in Bitcoin. Now I still hold Bitcoin to maintain my financial situation in the future, as long as it is still profitable I will continue to invest in Bitcoin without any restrictions.

Quote
Has your love for Bitcoin surpassed your love for country? If your government threatens arrest for anyone found to still be involved in bitcoins, are you willing to go to jail even if it is just for a day?
There are state rules that must not be violated and the consequence is that you can be imprisoned. If the sentence is only a day or at least a week, it doesn't matter if you have to go to prison. However, I will also try to anticipate these consequences by hiding my real identity so that Bitcoin ownership cannot be traced.

Quote
Will you be willing to relocate from your country to another region if the environment becomes unsafe for people like you who have invested in bitcoins?
Moving to another country is not as easy as you imagine, there are processes and stages that need to be gone through to complete all the documents for moving from one country to another. In this question I have to look more realistically between the benefits and ease of the process, there is so much to consider when moving to another country and it also costs so much money. If I had a large amount of money for mobilization costs to move, maybe I would do it because there I could continue what I have managed so far.

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June 14, 2024, 04:42:04 AM
 #27

Bitcoin is illegal in my country where I live. Investing in Bitcoin is totally prohibited in our country. Still I love Bitcoin and Bitcoin is a trusted currency. It's not that Bitcoin is illegal in my country so I can't invest. I have been involved with Bitcoin for more than two years, so far I have not had any problems, I have maintained privacy and no one knows that I have invested in Bitcoin. Many people in our country have been punished legally for using bitcoins in our country. So be careful and invest in Bitcoin maintaining privacy.

I plan to invest in Bitcoin in DCA method for long term. If someone close to me comes to me for financial help, I will help financially to the best of my ability but I will continue with DCA. My plan is to continue investing in the DCA method till 2030.
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June 14, 2024, 05:53:07 AM
 #28

I support Bitcoin, but I wouldn't say I love it. I generally don't love things, I only love people. I certainly would not be willing to go to jail over Bitcoin, even for one day. It's important to me to follow the laws and rules, so I try not to do illegal things. As for relocation, Bitcoin is also not something over which I'd change my place of residence, and it's currently very hard to do it in my country anyway.
So I just use Bitcoin and appreciate it, but a lot of things and situations are way above it for me.

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June 14, 2024, 06:02:06 AM
 #29

Quote
Has your love for Bitcoin surpassed your love for country? If your government threatens arrest for anyone found to still be involved in bitcoins, are you willing to go to jail even if it is just for a day?
Will you be willing to relocate from your country to another region if the environment becomes unsafe for people like you who have invested in bitcoins?

I think that the word "love" isn't appropriate. I don't love Bitcoin. BTC is just a financial asset, why would anyone love a financial asset or currency? Grin Maybe you should change your wording to "Do you like Bitcoin?" or "Do you prefer Bitcoin?"
I don't consider myself to be a big patriot, but I definitely don't love money more than my country.
Moving away from your country, just because the situation is bad has nothing to do with loving your country or loving Bitcoin.
You just have to do the best you can to preserve your safety and your wealth. If there's war or government oppression, I would run away from my country, even if I had zero Bitcoins.

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June 14, 2024, 06:33:15 AM
 #30

The passion I develop for Bitcoin after joining the forum enrose beyond my control as I see this Bitcoin as the only true platform where one can get liberty on certain financial bondage and investment ignorance, the reason is the popular saying that goes seeing is believing happened to me after joining the forum what I do here outside before partaking on the Bitcoin investment is different as many speak odd about Bitcoin scam but not knowing is those that is seeking quick to get rich and never willing to learn before jumping into investment and who also investing in meme coin, shiltcoin and altcoin and felt it's Bitcoin this forum has taught me allot that make my love for Bitcoin goes beyond my imagination.

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June 14, 2024, 06:35:33 AM
 #31

Bitcoin is illegal in my country where I live.

Quote
It's not that Bitcoin is illegal in my country so I can't invest.

What is it really? Is bitcoin legal or illegal in your country?

Because of bitcoin's decentralized nature, it has become almost impossible for the government to identify who are or who aren't using bitcoin. But I said almost because they can still somehow trace back the owner of an address and follow the strings.

Especially if you are using a centralized exchange, the chances of the government finding you has heightened. But if bitcoin is illegal in your country then it is most likely that centralized exchanges are banned as well. On the other hand, some people can still use bitcoin because they are very careful and discrete when making transactions.

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June 14, 2024, 06:52:21 AM
 #32

Bitcoin is illegal in my country where I live.

Quote
It's not that Bitcoin is illegal in my country so I can't invest.

What is it really? Is bitcoin legal or illegal in your country?

Because of bitcoin's decentralized nature, it has become almost impossible for the government to identify who are or who aren't using bitcoin. But I said almost because they can still somehow trace back the owner of an address and follow the strings.

Especially if you are using a centralized exchange, the chances of the government finding you has heightened. But if bitcoin is illegal in your country then it is most likely that centralized exchanges are banned as well. On the other hand, some people can still use bitcoin because they are very careful and discrete when making transactions.
in my country bitcoin is clearly prohibited as a means of payment, the rest is not a problem, trading or investing is permitted by the government. However, when the time comes to exchange it for fiat, the government can track it, because it is mandatory for KYC. On the other hand, in this way the government can collect taxes and generate income for the state

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June 14, 2024, 07:17:51 AM
 #33

I love Bitcoin to the extent that I don't easily get moved by dump, we can not dispute the fact that Bitcoin has some it own demerits and merits too, as far as it is an asset, every asset has good time and bad times, we  bitcoiners are affected by either of this, although I woundnt say that I don't know anything about altcoin but sincerely my love for Bitcoin made me not be interested in altcoins and other new projects, the moment I find out that all coin are been control by the upward and downward movement of bitcoin, this made me to put more attention in Bitcoin, realistically overtime, Bitcoin has proven to us that it's worthy of our investment, so I don't think that there is any reason why we should not invest in Bitcoin, if it is about fluntuation, fluntuation and volatility is the concept of Bitcoin and it shouldn't be an excuse for us not to invest in Bitcoin, as Bitcoin is, every other investment has their own disadvantages too and i think most times what we see as disadvantage may be the reason for such asset existence.

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June 14, 2024, 07:40:37 AM
 #34

How much do you love bitcoins?
I love bitcoin but we should be careful how we love material things otherwise we worship it as God.

But think about it, what kind of situation do you think can push you into stopping to hold bitcoins and invest more in it? please share your episode.
I don't see anything stopping me from HODLing bitcoin or investing in it. Since I always accumulate using DCA strategy and i always make sure i have a reserve fund to help me achieve or settle some pressing need to avoid touching my bitcoin or slowing my accumulation process, so it's hard for anything to slow me down. I may even take loan to avoid selling my bitcoin HODLing.

Has your love for Bitcoin surpassed your love for country? If your government threatens arrest for anyone found to still be involved in bitcoins, are you willing to go to jail even if it is just for a day?
It is not necessary to show up for your country to know you are into bitcoin when you know it is forbidden. You must have to be smart scale through it, by doing bitcoin anonymously.

Will you be willing to relocate from your country to another region if the environment becomes unsafe for people like you who have invested in bitcoins?
Except there is no long a centralised P2P exchange or even Dex P2P, then I have no option than to go to a country where I can make use of my bitcoin HODLings

If you had money that you had already planned to DCA into bitcoins and a close family member or friend with a pressing financial need comes up to you to ask you for some financial help, will you be willing to skip your DCA plans and help them? How should we react in such a situation.
If it is a live saving attempt I will skip my DCA and solve it since family comes First in what ever we do. The love of money is the root of all evil according to the bible.

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June 14, 2024, 08:34:56 AM
 #35

I still remember when I first invested in Bitcoin I probably didn't have much money but I had a bicycle that I sold and invested in Bitcoin. So you can imagine how much love for Bitcoin I can do like this. I tried to learn about Bitcoin early on and over time the more I learned about Bitcoin the more interested I became in investing. Maybe I don't have that much bitcoins but the amount of bitcoins I have so far I love my amount and I always try to increase my investment. I don't spend money unless absolutely necessary and most of the money I earn now I invest regularly in Bitcoin. I am optimistic about my investment and think that for a long time I will continue to invest like this and continue to invest.

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June 14, 2024, 09:05:10 AM
 #36



Of course I would skip my Dollar Cost Average to help my family.  I am sure there are others who would not, but not because it is Bitcoin.  But because this is how they are, they would not give up things and plans for family.

I would even sell all my bitcoins if one of my relatives was in mortal danger, not just ignore the dollar cost average to help the family. People who compare and make a choice between bitcoin and home are people who have forgotten what the purpose of investing in bitcoin is. We invest in bitcoin so we can help our families and ourselves have a better life, not to worship it and never use it. So, when our loved ones need (urgent) help, there is no reason for us to hesitate in choosing family or bitcoin.

I also agree with some others, bitcoin is just an asset and using the word love is not appropriate for it. After all, bitcoin, fiat, gold...are all just to serve our lives, we don't serve them.

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June 14, 2024, 09:19:18 AM
 #37

Sorry I may be asking so many questions at once, but I am having a rush of related thoughts amd just had to share it for us to learn.
How much do you love bitcoins? But think about it, what kind of situation do you think can push you into stopping to hold bitcoins and invest more in it? please share your episode.
Has your love for Bitcoin surpassed your love for country? If your government threatens arrest for anyone found to still be involved in bitcoins, are you willing to go to jail even if it is just for a day?
Will you be willing to relocate from your country to another region if the environment becomes unsafe for people like you who have invested in bitcoins?

If you had money that you had already planned to DCA into bitcoins and a close family member or friend with a pressing financial need comes up to you to ask you for some financial help, will you be willing to skip your DCA plans and help them? How should we react in such a situation.

Don't overfeed to much on huge expectation and treat this as fun activities since if you let yourself caught with it then provably you will live into fantasies that sometimes hard to digest. Maybe best approach is to seek for realistic ones and just understand the whole situation of your investment then don't think that you love this to much since love for money is like love for evil. So take all things easy and enjoy your earnings from bitcoin.

Although all of us really want to earn but don't let ourselves eaten up by our greed and lets not focus on bitcoin only since there's wide opportunity outside waiting for us so think about that this is only a side income that can give us good profits and we need to be careful upon praising to much since this might give us trouble so just chill around then enjoy. But yeah would help my close family member if he have financial trouble if his reason is valid and it will help temporarily solve his problems.

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June 14, 2024, 09:58:19 AM
 #38

There are a lot of things to say to explain how much I love Bitcoin but I would like to sum it up by saying that anyone who loves Bitcoin must have invested in Bitcoin. I think love is born from faith, you invest in bitcoin because you believe. Many believe in Bitcoin and have kept investing since its inception. There are many of them who have faith in Bitcoin and are still investing despite its current high value. As long as you have the faith and patience to invest in Bitcoin, you will love Bitcoin. Your love for bitcoin will slowly turn to hate whenever you lose your faith in bitcoin investing.

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June 14, 2024, 11:40:44 AM
 #39

I would marry Bitcoin.
I would leave my country for Bitcoin.  Hell.  I would leave Earth for it.
I would commit Crime for Bitcoin.
My love for it is immeasurable and infinite.  May Bitcoin be Blessed and may it be the Love of our lives.

On a serious note now.  I think you are over exaggerating the situation.  We like Bitcoin for what it does, but I do not think it is healthy to 'love' it so much that you love it more than you love your country or your family.  If that is the case, there may be a problem.

Of course I would skip my Dollar Cost Average to help my family.  I am sure there are others who would not, but not because it is Bitcoin.  But because this is how they are, they would not give up things and plans for family.

After reading the first lines of your post, I was surprised, and I had to quickly look at the nickname of the writer, after which I exhaled and realized who was writing it. Smiley
But seriously, I see so many people who idolize Bitcoin. I wouldn't be so crazy that I couldn't help a loved one for the sake of my savings. But unfortunately, if there are such thoughts, then there will always be such people.

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June 14, 2024, 08:02:02 PM
 #40

If you had money that you had already planned to DCA into bitcoins and a close family member or friend with a pressing financial need comes up to you to ask you for some financial help, will you be willing to skip your DCA plans and help them? How should we react in such a situation.

The reason why I started investing in Bitcoin is not just for now but for the future and for some reason if during the process of DCA there's a need to assist a member of my family who is in a pressing need, I would gladly skip the DCA funds to render the assistance then afterwards I can increase the amount by ×2 so that it will cover the previous one that was skipped.

I think our family is also the reason why most of us venture into investments and businesses I don't think it's nice to see any members of our family suffer pains as a result of lack of financial support while we have what it takes to help them out, I don't mind using half of my investment money to save my family members because I so much cherish and love them like myself even though they have not really supported me in my journey as a Bitcoin investor.

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