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Author Topic: One Beauty about Bitcoin investment.  (Read 42 times)
Cryptomultiplier (OP)
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Today at 11:48:59 AM
 #1

One beauty about Bitcoin investment is that one doesn't have to stare at a computer all day.
 As many as 40% of American jobs expected workers to pretend to be working while staring at a computer screen and faking a frown, before earning benefits as salaries  from an investment of their time  spaning into years, all day long.

 Compared to how easy an investment in cryptocurrency would pay off well and is a sure hedge against inflation, be it by trading and using or not using bots and AI integrations or by DCA strategy in varying fractions or lump sum or by mining bitcoins and being so serious as to own a mining farm or by diversification of wealth into owning Bitcoin since made possible for large pocket investors too, with the spot ETF approval, it is just fascinating how a crypto investor wont spend as much time staring at their computer screen all day before they make or accumulate wealth by investment in cryptocurrency.

What is your opinion?

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Today at 01:01:27 PM
 #2

I'm interested in knowing how you will get the money you intend using for your investment without having to do a tedious task that's time and effort consuming? It's not even as though Bitcoin investments is a job or carrier that one can choose to do for a living. Before you even invest in Bitcoin or own a Bitcoin, you've got to render a service in some way that gives you some fiat you can convert into Bitcoin or perform a task that gets you paid in Bitcoin. Whichever way you get your Bitcoin through, there is no way you're going to factor out the place of carrying out a task and looking at the screen is the least of them.

If you're investing in your Bitcoin through the DCA methord , it means you have a means of income that comes in at a particular period of time of the week or month from which you can assign a portion that will go into your investment. Same is what is applicable for buying in lump sum. If you're a trader that's when it even gets worse because you need an alternative means of generating cash so when you face some losses, it doesn't really affect you that much and you can still get a source of funds for your trading from your main stream of income.

Let's not paint a narrative that sends a wrong message to some newbie that investing in Bitcoin and being profitable at it is just an easy journey that comes on a platter of gold without putting an effort. In life generally, nothing comes for nothing and to even make it well from your Bitcoin investments, you need to invest much which is what an average person that lacks a legit stream of income can't easily do.

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Today at 03:19:30 PM
 #3

One beauty about Bitcoin investment is that one doesn't have to stare at a computer all day.
 As many as 40% of American jobs expected workers to pretend to be working while staring at a computer screen and faking a frown, before earning benefits as salaries  from an investment of their time  spaning into years, all day long.

What is your opinion?

So you're saying 40% of Americans are not really working to get their salary?

FYI, Bitcoin is not a job so comparing it with Jobs to make money is like comparing apple with Oranges.

Every investment needs capital and that what the middle class people lack and these banking system is making them to trap with loan for their entire lifetime so anyone wants to achieve financial freedom needs to have a clear vision of how they are going to get that money.

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Today at 03:37:42 PM
 #4

One beauty about Bitcoin investment is that one doesn't have to stare at a computer all day.
 As many as 40% of American jobs expected workers to pretend to be working while staring at a computer screen and faking a frown, before earning benefits as salaries  from an investment of their time  spaning into years, all day long.

 Compared to how easy an investment in cryptocurrency would pay off well and is a sure hedge against inflation, be it by trading and using or not using bots and AI integrations or by DCA strategy in varying fractions or lump sum or by mining bitcoins and being so serious as to own a mining farm or by diversification of wealth into owning Bitcoin since made possible for large pocket investors too, with the spot ETF approval, it is just fascinating how a crypto investor wont spend as much time staring at their computer screen all day before they make or accumulate wealth by investment in cryptocurrency.

What is your opinion?

Crypto traders would always be close to their devices to make trading decisions. Bitcoin has proved over the years to be a good hedge against inflation but I can't say the same thing for altcoins. Many altcoins become worthless after a short period. Hence, it is important to make that clarification to avoid misdirecting newbies.

We should also state that it is not everyone who invested in Bitcoin made profit. Many of them lost because they sold their coins hastily due to FUD or other conditions. Those who are not patient enough or don't have emergency funds might not benefit from investing in Bitcoin.

Long-term holdlers don't need to look at the price of Bitcoin every day because they already have plans for their investment.

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Today at 03:55:18 PM
 #5

As many as 40% of American jobs expected workers to pretend to be working while staring at a computer screen and faking a frown, before earning benefits as salaries  from an investment of their time  spaning into years, all day long.
Do you have the stats to support your argument or is it just assumptions? If you do, you should add the source to the OP.

From what I understand here, the message of this thread is that Bitcoin helps reduce eye strain because you don’t have to stare at a screen for 6hours+ day and you make more money than people with 9-5 jobs. Tbh never would have imagined this to be as one of the solutions or benefits of Bitcoin. It’s interesting because people who own Bitcoin may spend the equal hours or more with those who are not involved in Bitcoin due to the fact that the amount of time we spend on our mobile devices is far more than we spend on anything else.
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Today at 04:56:59 PM
 #6

Well, it's true that making profit in Bitcoin doesn't require you to do anything than just to invest, hold for some period of time and take profit when you reach your expectation. But the reality of making the investment is that you have to work all day, work from Monday to Friday and look at the monitor if that's really the nature of your job, doing all that is so that you can be able to raise the capital which you can invest into Bitcoin and you still need a sustainable income source to rely on, so that you can be able to hold your Bitcoin until you make profit.

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Today at 07:44:00 PM
 #7

Compared to how easy an investment in cryptocurrency would pay off well and is a sure hedge against inflation, be it by trading and using or not using bots and AI integrations or by DCA strategy in varying fractions or lump sum or by mining bitcoins and being so serious as to own a mining farm or by diversification of wealth into owning Bitcoin since made possible for large pocket investors too, with the spot ETF approval, it is just fascinating how a crypto investor wont spend as much time staring at their computer screen all day before they make or accumulate wealth by investment in cryptocurrency.

What is your opinion?


My opinion is that you should have been more specific about the inflation. When you take an average inflation of some countries in a year and you invested in Bitcoin at the wrong time, you might prefer to hold fiat and not put money in Bitcoin. Don't get me wrong, this is scenario that can happen if you don't do proper investigation before investment. My home country for instance has an average inflation of 30+% and now imagine buying Bitcoin at $70k and you plan to used the money in December if things goes but things are not certain.

If you want Bitcoin as a hedge for inflation, time of holding must be put into consideration, not going to be one or two years, you will need to patience for atleast a bull run cycle and you will enjoy better when Bitcoin make a new all time and you will see the benefit of buying Bitcoin instead of keeping your fiats on Banks and some other things that loose value with time.

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Today at 07:50:10 PM
 #8

Well, it's true that making profit in Bitcoin doesn't require you to do anything than just to invest, hold for some period of time and take profit when you reach your expectation.

I think this is a rather simplistic view of investing. Your post suggests that you can invest whenever you want and just sit and wait. This approach does not take into account the holding period or the entry point, which are key factors for successful investing. Inactivity does not lead to the results you desire. Therefore, monitoring the market, analyzing and making informed decisions is the key to profit from investments.

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