Could Bitcoin change my life, or will it mainly change when I reach middle age?

[Smartprofit]

In my opinion, $2,000 in Bitcoin isn't much of a capital in today's world. Over time, it could grow, say, tenfold (if Bitcoin's price reaches $1,000,000). However, even $20,000, in my opinion, isn't enough to radically change a person's life. 🤷

Investing (including Bitcoin) is more of a way to preserve initial capital, protecting it from inflation. However, initial capital isn't created through investing (whether in Bitcoin, gold, or stocks).

Initial capital is created through business or finding a high-paying job. In my opinion, your financial success will be much greater if you focus on acquiring new knowledge and skills. These are the ones that can radically change your life.  And once you've accumulated a large initial capital, you can invest in gold, Bitcoin, stocks, and more. 💁

And this will further improve your financial situation! ✨

P.S. Buying $100 worth of Bitcoin per month is a great idea! Can you visualize it as not $100, but $1,000 (in the future)? So, you're creating a monthly income of $1,000 in the future (and that's awesome!)

[Bobrox]

I think OP get luckiness have saving investment assets up to $2000 and worth it for investing in bitcoin beside can accumulate around $100 every month, in ny opinion spe ding $100 every month to buy bitcoin is not small funs behind have target for long term investment and OP have allocated early $2000 in bitcoin. If holding and investing in bitcoin up to several years later will worth it much depend bitcoin price always raise up drastically and possibility get around 30% to 50% profitable if holding for long term.
You don't need worry about your fund already investing in bitcoin because large anount and coumpond until $100 every month will wprth up to $1200 each year, if you can consistent accumulate bitcoin for three until four year actually you have almost $5000 with possibility increasing depend on bitcoin will raise up.
Just my advice if you have side income accumulate morenin bitcoin maybe around 200$ to $300 monthly for investing in bitcoin, push yoir self cut off for something not really emergency and allocated it for investing in bitcoin.

[mirakal]

We all have this high hopes that bitcoin will definitely create a big difference in our lives, that's why were here making the best of everything. However, frankly speaking, small investment, no matter how consistently you do it, it will never become a life-changing opportunity to get rich if you stay on your comfort zone. Yes, you can be in profits but not that much that can prepare you a good and comfortable life.

Take the risk accelerating your capital, and probably learn to invest as well into other assets like real estate or stocks. Once they paid off, and provide you bigger amount of income, consider re investing and repeat the process, surely you will gain a lifetime comfort and security from all your hard work and efforts.

[betswift]

We all have this high hopes that bitcoin will definitely create a big difference in our lives, that's why were here making the best of everything. However, frankly speaking, small investment, no matter how consistently you do it, it will never become a life-changing opportunity to get rich if you stay on your comfort zone. Yes, you can be in profits but not that much that can prepare you a good and comfortable life.

Take the risk accelerating your capital, and probably learn to invest as well into other assets like real estate or stocks. Once they paid off, and provide you bigger amount of income, consider re investing and repeat the process, surely you will gain a lifetime comfort and security from all your hard work and efforts.

I would go as far as to say that big and successful investors are already pretty established in life even before said ventures.. Without capital, you won't be able to go big: in BTC or estate, that doesn't matter from that perspective, so first things first is something that would fuel you going forward.

[Marvelockg]

TL;DR: I don’t want to give up on the idea that BTC might still improve my life one day, but maybe it will mainly benefit my future kids, or only make a real difference for me around in my 40s-50s. I'm curious how do you see this.

If you are in your 40s, it is still possible to make at least a 10 years accumulation plan and still get to gain from your investment before your children comes to gain from it. we are not too sure what the price of bitcoin will be in the next ten years so investing in bitcoin for the sake of your children is relatively a personal decision for you to take depending on what your plan is.

bitcoin alone does not change people's life. while investing in it, you still have to find a way of also fixing your life such that in the process of investing, your line does not remain stand still.

[Cgrexp]

Since you are in your middle age and have a limited income and from there you are saving small amounts and optimistic about the future, your thinking is natural and logical. Long-term investment in Bitcoin means a period of four to eight years, that is, four to eight years of Bitcoin investment can bring change in someone's life. However, the duration and results of this change vary from person to person. Therefore, the specific time control in Bitcoin investment varies from person to person. Most of those who have considered Bitcoin as a way to make big profits in a short time have been affected. Those who have patiently invested small amounts regularly and held on are the ones who have got good results in the long term. The power of Bitcoin mainly lies in the long term and it will not make anyone rich overnight. Therefore, positive changes in your life and the right decisions can bring big changes in the lives of your next generation as well.

[LDL]

You should not have a deep blind faith in Bitcoin and deposit all your assets in Bitcoin. In this case, if you think that you will leave your $100 deposited Bitcoin every month for your generation, it is okay. Moreover, if you have a permanent source of income, then it is okay for you to invest your $100 in Bitcoin every month.

However, if you don't have a source of income, I would in no way support you relying solely on Bitcoin to save. You must have cash in the bank and you cannot survive in the future by relying solely on Bitcoin unless you have enough money to support you in difficult times. You should first build a cash fund for your future security, then you can invest in Bitcoin and hold it for the long term, thinking about your future and your child's future if you have the opportunity.

[Nothingtodo]

Bitcoin will definitely change your life, especially if you are now middle-aged. If it can't change yours, it will definitely change your children's lives. Bitcoin is a generational asset, especially if you invest the amount you have now and keep it invested for 20 or 30 years, then your children will definitely be able to benefit from it in the future. If we had invested in Bitcoin 15 years ago, then maybe after 15 years, just think about how much profit we would have received. Similarly, if we invest now and hold it for 15 years, then we will definitely get the benefits of holding Bitcoin.

[Furball808]

I’m not gonna sugarcoat it and I’m gonna be straightforward about it. If you are unhappy with your current situation, You simply need to do something about it. Bitcoin is not a magic trick. It’s an investment opportunity that requires resources in which if you don’t have, it’ll be hard to grow your bitcoin. If it brings you comfort, revel in the fact that you’re still young and the crypto world is full of opportunities to earn and learn.

[AmoreJaz]

Bitcoin will definitely change your life, especially if you are now middle-aged. If it can't change yours, it will definitely change your children's lives. Bitcoin is a generational asset, especially if you invest the amount you have now and keep it invested for 20 or 30 years, then your children will definitely be able to benefit from it in the future. If we had invested in Bitcoin 15 years ago, then maybe after 15 years, just think about how much profit we would have received. Similarly, if we invest now and hold it for 15 years, then we will definitely get the benefits of holding Bitcoin.

Do remember that how bitcoin or crypto influence your life will depend on how you get involved in this market. So if you are just a small time trader, you will only get small profits that may not really have significant impact in your life. And with that consideration, how this market affects your life depends on how extent you are using this market to improve your economic status. So how much are you investing in this market, will also give you idea the approximate profit that you can get. However, do remember that this market is a very volatile one and the uncertainty of its future is still there. So you should have contingencies or back-up plan with your assets, not only crypto but preferably to have tangible assets to fall back onto.

[OcTradism]

Bitcoin will definitely change your life, especially if you are now middle-aged. If it can't change yours, it will definitely change your children's lives. Bitcoin is a generational asset, especially if you invest the amount you have now and keep it invested for 20 or 30 years, then your children will definitely be able to benefit from it in the future. If we had invested in Bitcoin 15 years ago, then maybe after 15 years, just think about how much profit we would have received. Similarly, if we invest now and hold it for 15 years, then we will definitely get the benefits of holding Bitcoin.

Bitcoin has magic power to change life of any people at any age but naturally it is more easily for the young generation to adapt with new technology and things like blockchain and Bitcoin. At any age, if you already learned about Bitcoin, then actually practiced with Bitcoin blockchain and bitcoins, you likely have somewhat understanding about it, at least more than outsiders, your mindset will change a lot.

As you will see how you have complete freedom for control of your money, with Bitcoin non-custodial wallets. You know that you no longer depend on any third party like banks for your fund and transactions. With Bitcoin blockchain, if you know and use non custodial Bitcoin wallets, you can do everything with full control on your side.

It's safe, secure and freedom, all have with Bitcoin.

More about security and privacy.
Security and Privacy Encylopedia.

[minairia3]

Bitcoin will definitely change your life, especially if you are now middle-aged. If it can't change yours, it will definitely change your children's lives. Bitcoin is a generational asset, especially if you invest the amount you have now and keep it invested for 20 or 30 years, then your children will definitely be able to benefit from it in the future. If we had invested in Bitcoin 15 years ago, then maybe after 15 years, just think about how much profit we would have received. Similarly, if we invest now and hold it for 15 years, then we will definitely get the benefits of holding Bitcoin.

It would be a mistake to think that simply investing and holding Bitcoin for the next 15 or 30 years will give you the same returns as those who bought Bitcoin in 2009–2011. The days of getting rich quick with bitcoin are over, the price of bitcoin cannot increase a million times in the next 15 years to change your life. The most realistic thing Bitcoin can do right now is increase your wealth to a certain level, it won't bring millions of dollars to change your life when your investment capital is only $1k-$10k.

If you want to change your life and become rich, you have to work hard and find ways to increase your income. You can't get rich by being lazy, not putting in the effort, and investing all your money in a volatile asset like Bitcoin and hoping it will make you rich. Bitcoin cannot and is not likely to do that.

[traderethereum]

Many people are in a similar situation but many of them don't get the opportunity. The opportunity to know, try and start while you know Bitcoin from a few years ago. That is your point plus to continue what you know about Bitcoin especially if you believe Bitcoin can change your life. Someone who earns modestly can build slowly but consistently if he is disciplined and still focuses.

You still have the opportunity to accumulate Bitcoin. As long as you don't give up, you will see the good results in a few years. You will appreciate yourself for starting without delay to invest in Bitcoin.

[tread93]

TL;DR: I don’t want to give up on the idea that BTC might still improve my life one day, but maybe it will mainly benefit my future kids, or only make a real difference for me around in my 40s-50s. I'm curious how do you see this.

Hi everyone,

First and foremost, this post isn't meant to be venting. It’s also not about losing faith in Bitcoin or wanting to escape work.

I’m in my early 30s and have around $2,000 saved in Bitcoin. I first heard about crypto and Bitcoin a few years ago, and of course I made the “classic beginner mistakes”: I joined flashy MLM-style projects that eventually collapsed and lost some money. The only thing I managed to avoid was the memecoins hype.

Based on my income, in the best-case scenario I can set aside around $100 per month for investing. Sometimes it feels very little, but I’m grateful that I can save anything at all.

To be honest, part of me hoped that crypto or Bitcoin could eventually be the kind of investment that might whether gradually or suddenly, give me a significant step forward in life someday. Something like being able to afford a stable home where I could safely start a family, or make a major life improvement.

But one question keeps coming back to me recently: what if my current circumstances simply aren’t enough for that?

Maybe what feels like small steps now could become meaningful value over a very long period (15–20 years) and could help my future children (if I will have the opportunity to become a father) more than me, or it will only make a big difference for me when I reach my 40s or 50s. But at the same time, I still consider myself relatively young, and I don’t want to give up on the idea that my own life could also become much better one day thanks to Bitcoin. Obviously, I don't expect salvation from Bitcoin alone, because I don't want to be the kind of person who just sits around all day doing nothing useful, not working, etc.

I’m genuinely just curious: is anyone else in a similar situation? Or was?

How do you approach Bitcoin from this position? What mindset makes sense for someone who earns modestly and builds slowly but consistently?

I appreciate you taking the time to read this, and I look forward to hearing your perspectives.

Thanks!

It absolutely will if you held on that long! Or maybe it will be completely worthless or maybe we all blow ourselves up and go nuclear by then anyways and go home to see our good father. Either way you best believe that Bitcoin is going MFing uppppppp. That shit is going UP!

[Zigabel]

I want to start from the perspective that there's never a time as a bad time to start, provided you are alive and have hopes of living, just start at anytime and the future you will always be rewarded, it may take some time and it may also turn around very swiftly and unexpectedly, it really does not matter how small, just start your Bitcoin accumulation now, even if it means putting in 50% of your savings monthly into Bitcoin, which happens to be $50, in the space of the 4-10 years, you may have eventually accumulated so much that you will be proud of the much you have done.

This will look like adopting a long term DCA strategy of accumulation, don't give up with it, just make sure to continue with stacking $50worth every month and for a good month you can add more, and within 5 years, you will get so much that can help your life greatly.

[Hamza2424]

Saving $2k in Bitcoin is not a bad idea and depending on how long you can hodl it, there's a great possibility that your 2k can change your life being stored in Bitcoin overtime, that's a fact that's proven and early holders of the coin can testify to that well too bad I can't relate with most of them since I didn't get into Bitcoin earlier but history has proven that to me.
 There's no harm in adding more to that $2k in your portfolio and everything Don Pedro Dinero asked is fact so you should ensure you have them infact to make your Hodling journey smooth, you made the right choice of investing in Bitcoin anyways, goodluck with holding.

$2k is nothing for most people living in countries where their local currency is in dollars, pound etc. In short their local currency has value but a person living in a developing country that has a very low value they can't invest 2k, because it would be nothing to them, they sometimes lost that much amount haha.

But it goes for the developed countries as well, they don't consider $2k a lot of money. So they think investing it in btc won't do any good to them but it can change their lives, but not in the same way it changed previously because before btc was trading in three to four figures and now it has grown. So the results might not be the same but $2k can make good profit to holders.

[Gaza13]

Buying a house is a dream for many people, but to get it requires extra effort. Almost everyone who earns income from working every day, it is very difficult for them to get it all, Almost most people, apart from looking for other new additions, are looking for other ways, by investing, which can provide them with significant profits in the long term, in the form of shares, crypto, and so on. Yes, in this case, Bitcoin can be said to be an asset that provides or offers the potential for very high profits in the long term.

That's right, safety is not entirely in Bitcoin but rather from the type of business or enterprise that we have built so far. Of course, I will do the same or similar things as you above. If we still have enough energy to manage it, why should we stay at home? This will also make your brain think and be active. And look at the rich people out there, they are no longer young but they are still active and energetic thinking about their businesses. Overall, a sensible mindset is to be disciplined and realistic in investing. And you can see how Bitcoin as a tool to protect the value of money from inflation, and the increasing number of adoptions from various groups.

[Dunamisx]

When we do the right thing, then there is nothing stopping bitcoin from impressing us to improve more and do more better in it, if we once started small, with time, when things have been in place as always expected,, we are going to definitely see the result in our lives, this may take some time and process, but cannot be denied, except we have a misconception of the use of  bitcoin.

[armanda90]

$2k is nothing for most people living in countries where their local currency is in dollars, pound etc. In short their local currency has value but a person living in a developing country that has a very low value they can't invest 2k, because it would be nothing to them, they sometimes lost that much amount haha.

But it goes for the developed countries as well, they don't consider $2k a lot of money. So they think investing it in btc won't do any good to them but it can change their lives, but not in the same way it changed previously because before btc was trading in three to four figures and now it has grown. So the results might not be the same but $2k can make good profit to holders.

Right, if you live at countries have local currencies USD looks small fund for $2k exactly the top countries have most expensive all side from buying house, rent house until that amount too small if you use for buying daily day needed. But difference when you use $2000 at develop countries have small or cheapest all side from buying house still cheap and spent small money to buy daily day needed.

You must change viewed when comparison small fund in daily day when living at top countries after investing in bitcoin, regarding how much percent bitcoin price decreasing I think will has chance to make it bigger later with $2k investing in bitcoin. Nowadays investing $2k too much for many people just holding few USD in their investing but too small if you look forward at people who investing much money in bitcoin.

[Fara Chan]

I’m not gonna sugarcoat it and I’m gonna be straightforward about it. If you are unhappy with your current situation, You simply need to do something about it. Bitcoin is not a magic trick. It’s an investment opportunity that requires resources in which if you don’t have, it’ll be hard to grow your bitcoin. If it brings you comfort, revel in the fact that you’re still young and the crypto world is full of opportunities to earn and learn.

Opportunities should be seized, especially when they involve Bitcoin investment, which has significantly increased profits for those who have been patient over the past few years. Furthermore, considering your young age, this is certainly excellent capital to continue taking advantage of existing opportunities, as it's not certain that such good opportunities will still be available in our old age. Therefore, what we already know is worth continuing to implement by trying various methods that can relieve stress.