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Author Topic: Bitcoin is a great step in dealing with financial crisis.  (Read 196 times)
Donneski
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March 22, 2025, 07:50:05 AM
 #21

I'm not sure if you are talking of bitcoin as an asset and store of value, if you do of course it is for those investors who have identified the opportunity of investing into bitcoin long-term to ripe that profit benefits instead of keeping their money in banks and get stagnant or reduced value due to inflation. Surely bitcoin is the store of value that doesn't have external control over your financial freedom. If you hodl bitcoin, it is better than hodling fiat because inflation will reduce the value and worth.
"Inflation will reduce the value and worth of your money when you  hodl fiat" you said but have you also thought of the part that the value of your Bitcoin can as well decrease if if Bitcoin suffers a major dip? These are the things you consider before finalizing on which of them is better. Bitcoin I'll always maintain is a good means of storing value when you want to leave it for a more than four-year period but unless you're a daily trader who's concerned about taking your daily profits by deep-studying the daily movement of the market, buying Bitcoin with the hope of making profits within a short period of time isn't ideal of you ask me

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March 22, 2025, 08:56:39 AM
 #22

I'm not sure if you are talking of bitcoin as an asset and store of value, if you do of course it is for those investors who have identified the opportunity of investing into bitcoin long-term to ripe that profit benefits instead of keeping their money in banks and get stagnant or reduced value due to inflation. Surely bitcoin is the store of value that doesn't have external control over your financial freedom. If you hodl bitcoin, it is better than hodling fiat because inflation will reduce the value and worth.
When inflation is consuming our real resources, Bitcoin can have a huge alternative financial hedge for investors positively for investors as a repository. The effort that is actually making for wealth as well as to allocate additional money for Bitcoin. Preparing for the independent economy and waiting for the future recession period by Bitcoin compared to keeping your money in the trap of decreasing worth. Considering the store of value for Bitcoin investment and maintaining every review of the possibility of Fiat effectiveness.











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Cryptohygenic
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March 22, 2025, 02:26:17 PM
 #23

I'm not sure if you are talking of bitcoin as an asset and store of value, if you do of course it is for those investors who have identified the opportunity of investing into bitcoin long-term to ripe that profit benefits instead of keeping their money in banks and get stagnant or reduced value due to inflation. Surely bitcoin is the store of value that doesn't have external control over your financial freedom. If you hodl bitcoin, it is better than hodling fiat because inflation will reduce the value and worth.
"Inflation will reduce the value and worth of your money when you  hodl fiat" you said but have you also thought of the part that the value of your Bitcoin can as well decrease if if Bitcoin suffers a major dip? These are the things you consider before finalizing on which of them is better. Bitcoin I'll always maintain is a good means of storing value when you want to leave it for a more than four-year period but unless you're a daily trader who's concerned about taking your daily profits by deep-studying the daily movement of the market, buying Bitcoin with the hope of making profits within a short period of time isn't ideal of you ask me


E really dey absorbing after realizing say when we store our money for bank for example, #100 and in one year time we still meet am that #100 and think say we don just secure our money. What of value where we need spend on like buying of things? Shey e go don lost values because u calculating say that #100 of today say see wetin u go use am do in one year time no fit work out like that.
But if stored in bitcoin being potential of values, that #100 fit increase where e go bring profits for you and then even when price of things you plans for am increase in future, e go still perform wetin u project for am and money to still remain way you for use achieve other tins.

Dailyscript
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March 22, 2025, 06:19:29 PM
 #24

They make Bitcoin look as if it is a rocket pilot to wealth and that they don't need to do anything or take any action before they can become rich through Bitcoin, most of them make such assumptions based on the fact that they lack the right knowledge of what bitcoin is and how risky it can be if you don't have the right knowledge before investments.
And there type are those since they don’t have the proper knowledge and went to the market with misinformation they fall under the category of people who will also hurry out if it with abusive words on Bitcoin they don’t waste time to start calling it scam after they got disappoint from getting rich quick as they expected.
Bitcoin is not a get rich quick scheme and i am happy for that. If not the rumor of it being a get rich scheme would have solidify the proof for government to take quick actions against Bitcoin. These type of failed investors will always fail in any other investment they get their hands on and the reason is because they dont understand what investment is all about before thinking on what to invest in.

Mate2237
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March 26, 2025, 05:24:44 PM
 #25

Bitcoin was originally proposed in solving problems in the financial sector especially when it comes to sending and receiving money and the boundaries that existed especially with banks or third parties that was the premise upon which bitcoin was birthed so anyone thinking of using bitcoin as a tool of solving his financial crisis should have a rethink because it's doesn't always work that way because Bitcoin was not designed originally to make people rich.



It's funny to note that people who has no knowledge about Bitcoin has seen Bitcoin as a money making machine where they will invest and get money in return what we should be more concerned about is how we can get sufficient information about Bitcoin in a view to fulfilling the aim and objectives why it was created making money from Bitcoin should be a secondary thing


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