Why I love crypto ?

[MarjorieZimmermanGinger]

Perhaps he meant getting free Bitcoin or starting to invest in Bitcoin without capital, just knowledge and perseverance. For example, starting with airdrops, participating in altcoin project events or other activities you can buy Bitcoin with the proceeds. Or you can use this forum to earn free Bitcoin through games and signature campaigns, all it takes is effort and perseverance. My point is, Bitcoin can improve the financial well being of poor people if they truly take advantage of every opportunity and are diligent in whatever they do. Indeed in general, Bitcoin cannot solve poverty but those who can take advantage of the opportunities I mentioned can at least improve their finances.

That might be one achievable possibility, but if someone wants to build long-term financial freedom, we need to prepare steps, including capital, perseverance and discipline. Solving the problem of poverty depends on each individual and how they utilize existing opportunities because Bitcoin will impact everyone when they engage in it. This method can be utilized as you described above. As long as our desire is strong and we continue to seek opportunities, everyone has the opportunity to achieve a much better life in the future.

Bitcoin can be a path for anyone to build greater financial freedom, but one must have a strategy and plan to ensure their investments thrive and continue to grow in the future. Building financial freedom doesn't have to be quick it requires discipline and persistence in following the established strategy and plan. Gradually, we will see changes in our lives.

[SquallLeonhart]

Crypto wasn't created just for the rich or the poor, but for everyone. The key question is how people utilize it. This is the big question. If the mindset still relies on freebies, then don't expect to achieve financial freedom. Conversely, with very high volatility, most people actually suffer losses when they don't properly understand these assets.

I would go another step further and say Bitcoin was created to achieve freedom from the banks that control the finances. That was the case for almost a decade but now governments are seriously getting into crypto and making it near impossible to transact anonymously. They can track all the transactions and even create that stupid CBDC to further have control over the crypto transactions.

Unfortunately, with freedom came a lot of negative activities and ruined what could have been a great idea. Hackers demanding payments in crypto, ransom being demanded in crypto, all these things ruined the reputation and now governments are taking over.

[Achalugo BTC]

It's clear that everyone has different thoughts. This also means that sometimes some like crypto and others like Bitcoin. But I think this is part of people's priorities. It's impossible to force someone who likes Bitcoin to be the same as us who prefer crypto. Ultimately everyone has their own principles in determining their direction or goals. Part of forcing ultimately won't determine the direction desired by certain parties. So it's better for each person to determine their own direction so that no one is disappointed when something doesn't match their expectations as planned.

That is why people do differs, what might seem easy for you, might not be for another person, that is why people do have their dislikes and likes and despite Bitcoin being a volatile assets, it doesn't mean that there will no one investing in it, not because they are not humans and don't have emotional issues. But, they have teach their emotions to always stay in check and be ready to anything from the market and this is because they trust Bitcoin and the benefits it renders to people.

[Mandoy]

It's clear that everyone has different thoughts. This also means that sometimes some like crypto and others like Bitcoin. But I think this is part of people's priorities. It's impossible to force someone who likes Bitcoin to be the same as us who prefer crypto. Ultimately everyone has their own principles in determining their direction or goals. Part of forcing ultimately won't determine the direction desired by certain parties. So it's better for each person to determine their own direction so that no one is disappointed when something doesn't match their expectations as planned.

That is why people do differs, what might seem easy for you, might not be for another person, that is why people do have their dislikes and likes and despite Bitcoin being a volatile assets, it doesn't mean that there will no one investing in it, not because they are not humans and don't have emotional issues. But, they have teach their emotions to always stay in check and be ready to anything from the market and this is because they trust Bitcoin and the benefits it renders to people.

You're correct in saying that there are varying priorities and views among folks relating to cryptocurrency. Freedom is one of the main reasons that I love crypto for myself. Crypto is a system that enables individuals to have more control over their own assets and financial transactions. In contrast to established financial frameworks. Where third parties play a major role. Bitcoin and other cryptocurrencies are definitely volatile, but so is the risk, so is the opportunity for growth. It's about controlling your emotions by knowing that you focus on what you can do in the long term and not the short term market fluctuations as you said. Ultimately. Everyone should select the avenue they believe most closely aligns with their beliefs, knowledge and risk tolerance.

[Achalugo BTC]

You're correct in saying that there are varying priorities and views among folks relating to cryptocurrency. Freedom is one of the main reasons that I love crypto for myself. Crypto is a system that enables individuals to have more control over their own assets and financial transactions. In contrast to established financial frameworks. Where third parties play a major role. Bitcoin and other cryptocurrencies are definitely volatile, but so is the risk, so is the opportunity for growth. It's about controlling your emotions by knowing that you focus on what you can do in the long term and not the short term market fluctuations as you said. Ultimately. Everyone should select the avenue they believe most closely aligns with their beliefs, knowledge and risk tolerance.

Exactly, which is why people got to really be aware of both Bitcoin and trade, as they do misunderstand their purposes and their differences as well, having awareness about it helps one to make informed decisions that will really be of support to their decisions and not to make decisions that will ruined their lives due to misinformation and lack of proper understanding, beside the two have same volatility and also, no one will force them to do what its not in their minds, as far as they will achieve their goals, everyone got the freedom to invest their capital in whatever place they want, whether in Bitcoin or trade, it all depends on them, which I  also agreed to all that you have stated.

[MarjorieZimmermanGinger]

I would go another step further and say Bitcoin was created to achieve freedom from the banks that control the finances. That was the case for almost a decade but now governments are seriously getting into crypto and making it near impossible to transact anonymously. They can track all the transactions and even create that stupid CBDC to further have control over the crypto transactions.

Unfortunately, with freedom came a lot of negative activities and ruined what could have been a great idea. Hackers demanding payments in crypto, ransom being demanded in crypto, all these things ruined the reputation and now governments are taking over.

That's the nature of power because they don't truly give their people the freedom to determine their path to financial freedom and they even try to create CBDCs as their own product for one or another of their own interests. At least with Bitcoin, people can independently create financial freedom, although that freedom isn't completely anonymous, based on the government's continued desire to restrict and regulate many things. For me, this is another issue because the most important thing is how someone can use Bitcoin to achieve financial freedom, as long as that opportunity is accessible to anyone.

Negative activities, hacking and other fraudulent activities that use the name of Bitcoin during its journey so far and that is also the worst part of the process of making Bitcoin increasingly hated, but the fact is actually different because Bitcoin is actually growing and developing by achieving increasingly widespread adoption due to the trust of many people.

[Smack That Ace]

Free money in the crypto market is real. Bitcoin was once distributed for free through faucet, or users just had to fill out a captcha to receive a few bitcoin in the early day.
Airdrop and bounty were also ways many people accumulated assets without spending much. However, that era is long gone. To participate in the market today, we need money first.

Crypto is also a financial instrument and has some differences compared to traditional instruments. But yes, it is not a solution to every problem, nor does it automatically make anyone wealthy.
Crypto creates a playing field, offers opportunities, and rewards those who know how to seize and take advantage of them.

Do not repeat the words of crowd "free crypto is gone".
I give you the keyword FairMillions https://fairmillions.com/

I mean, while I absolutely love the idea of faucets, it's not as good as it was in the initial years. Right now, it feels like more of a marketing technique to lure people into gambling. Like you are giving someone 2 cents (in BTC), and we all know it does nothing now. Because BTC has already reached the masses, and while a 10x is definitely possible even from the current price, reaching 1000x is just a dream and more accurately an illusion.

It almost feels like giving someone 5 cents and telling them that a dollar will one day become 1000x, so they should HODL. I remember when Primedice was new, there was a faucet you could claim every 5-10 mins and play with it. I guess they gained a massive user base thanks to the faucet and now turned into a successful business, that is stake.

Bitcoin is now worth tens of thousands of dollars, and no one is wealthy and generous enough to give it away for free. Each satoshi they give away for free through programs like faucet or reward has its own purpose. Put simply, there is no such thing as a free lunch.

Bitcoin's marketcap is currently around $1.5 trillion. Expecting it to increase x1000 from this point is not only unrealistic, but also highly delusional. The era of collecting free Bitcoin and becoming a millionaire by stacking satoshi one by one has come to an end. We should be realistic.

[bitgolden]

You are completely right, everyone has their own purpose or reason why they love crypto, which some people are specifically love Bitcoin and how it works, of course, the market can stay stable for long and this its the part that humble people to do what's right and keep their mindset focused in sustaining the right ways and understand that the market will either disappointed or encourage them but whatever it may be, people should be ready at all time.

It's clear that everyone has different thoughts. This also means that sometimes some like crypto and others like Bitcoin. But I think this is part of people's priorities. It's impossible to force someone who likes Bitcoin to be the same as us who prefer crypto. Ultimately everyone has their own principles in determining their direction or goals. Part of forcing ultimately won't determine the direction desired by certain parties. So it's better for each person to determine their own direction so that no one is disappointed when something doesn't match their expectations as planned.

Yeah, everyone has different reasons to love it. Like mine is so simple, it's because I hate banks. It's really not that complicated, I just hate banks and that is why I am using crypto and try to be as bankless as I can be.

I still use my card and all, it's impossible to be fully out of fiat, and that is why I still use banks and if banks didn't existed tomorrow, I would have hard time. But the goal is to be bankless one day, that is why I got in, and so far it has definitely made it easier.

[Alphakilo]

You are completely right, everyone has their own purpose or reason why they love crypto, which some people are specifically love Bitcoin and how it works, of course, the market can stay stable for long and this its the part that humble people to do what's right and keep their mindset focused in sustaining the right ways and understand that the market will either disappointed or encourage them but whatever it may be, people should be ready at all time.

It's clear that everyone has different thoughts. This also means that sometimes some like crypto and others like Bitcoin. But I think this is part of people's priorities. It's impossible to force someone who likes Bitcoin to be the same as us who prefer crypto. Ultimately everyone has their own principles in determining their direction or goals. Part of forcing ultimately won't determine the direction desired by certain parties. So it's better for each person to determine their own direction so that no one is disappointed when something doesn't match their expectations as planned.

Yeah, everyone has different reasons to love it. Like mine is so simple, it's because I hate banks. It's really not that complicated, I just hate banks and that is why I am using crypto and try to be as bankless as I can be.

I still use my card and all, it's impossible to be fully out of fiat, and that is why I still use banks and if banks didn't existed tomorrow, I would have hard time. But the goal is to be bankless one day, that is why I got in, and so far it has definitely made it easier.

I definitely hate going to the banks or having banking issues because they can be so much trouble and the fact that government or any organization or any scammer or fraudster can lay hold of one's national identity number or ATM cards and gain access to steal or commit fraud with a bank account is one that scares the shit out of me.
With crypto currency however, unless someone knows my phrases it might be very hard to steal my funds or the government to freeze my account over some uncertain issues and it is a great security against fraudulent activities from people you think have genuine interest in you.

[Doll2233]

Yeah, everyone has different reasons to love it. Like mine is so simple, it's because I hate banks. It's really not that complicated, I just hate banks and that is why I am using crypto and try to be as bankless as I can be.

I still use my card and all, it's impossible to be fully out of fiat, and that is why I still use banks and if banks didn't existed tomorrow, I would have hard time. But the goal is to be bankless one day, that is why I got in, and so far it has definitely made it easier.

Cryptocurrency is very safe investment and for trading purpose and people are getting benefits from that because they are making money as that is possible for many people. People are Investing according to their capability to invest and they are getting profit on daily basis . But trading needs your time and you have to quit your job if you want to be successful in trading of cryptocurrency and cryptocurrency is best for millions of people. People who afraid to lose their money, cryptocurrency is not made for these kind of people and they will not get anything from their life . People who are happy from their job they are not investing in the cryptocurrency because that will give stress to these people.

[boyptc]

The liquidity of crypto is depending on which one you're trading. We can't say that in general because there's millions of it that are not liquid.

But taking that in perspective, I would agree to it that crypto is liquid and it applies to the top ones and those with large volumes.

I like it more than the stocks because there's closing period for them. That's why we can sell and buy anytime we want, anywhere we are.

The cons of it is about being so volatile that when you sleep, you gotta wake up that the market is tainted with red.

[JaanusRaim]

The liquidity of crypto is depending on which one you're trading. We can't say that in general because there's millions of it that are not liquid.

But taking that in perspective, I would agree to it that crypto is liquid and it applies to the top ones and those with large volumes.

I like it more than the stocks because there's closing period for them. That's why we can sell and buy anytime we want, anywhere we are.

The cons of it is about being so volatile that when you sleep, you gotta wake up that the market is tainted with red.

The crypto investments (unlike for example real estate) are very liquid if the invested sums are relatively small.

[boyptc]

The liquidity of crypto is depending on which one you're trading. We can't say that in general because there's millions of it that are not liquid.

But taking that in perspective, I would agree to it that crypto is liquid and it applies to the top ones and those with large volumes.

I like it more than the stocks because there's closing period for them. That's why we can sell and buy anytime we want, anywhere we are.

The cons of it is about being so volatile that when you sleep, you gotta wake up that the market is tainted with red.

The crypto investments (unlike for example real estate) are very liquid if the invested sums are relatively small.

It depends to the choice that we have.

Because there have been good crypto in the past which were very liquid that became no longer popular and lost its volume.

Which means in the past they're good and liquid but in the current day, they're no longer as good as they were before.

[Achalugo BTC]

Yeah, everyone has different reasons to love it. Like mine is so simple, it's because I hate banks. It's really not that complicated, I just hate banks and that is why I am using crypto and try to be as bankless as I can be.

I still use my card and all, it's impossible to be fully out of fiat, and that is why I still use banks and if banks didn't existed tomorrow, I would have hard time. But the goal is to be bankless one day, that is why I got in, and so far it has definitely made it easier.

That's a good point, and there are some people like that, assuming its possible for them, they won't even want to have anything to do with banks, as they will just use crypto. But like you said, its not that easy for one to completely be out of fiat, because there are some places one will go, they won't accept crypto but fiat, that is why there is always needs for one to also include fiat too, and also crypto has other aspects that makes one to love it, that is the freedom of your funds, knowing fully well that no one its in control of it, this makes people to even adopt the idea of crypto the more, especially Bitcoin.

[alastantiger]

But trading needs your time and you have to quit your job if you want to be successful in trading of cryptocurrency and cryptocurrency is best for millions of people. People who afraid to lose their money, cryptocurrency is not made for these kind of people and they will not get anything from their life . People who are happy from their job they are not investing in the cryptocurrency because that will give stress to these people.

I don't think anyone needs to quit their job before they can start trading or take trading very serious, there are professional traders that still have other jobs that they do and trading might not be their main source of income. There is an advice that you should have something that gives you an income when you are a trader because depending on the profit from trading alone might not be sufficient for you to keep having a regular life without being scared of the market. A lot of traders are not making profit because they are emotionally attached to the market since trading is their only source of income. The reason I love cryptocurrency is because it gives you a lot of opportunities and trading cryptocurrency are just one of those opportunities.

[Iranus]

Yeah, everyone has different reasons to love it. Like mine is so simple, it's because I hate banks. It's really not that complicated, I just hate banks and that is why I am using crypto and try to be as bankless as I can be.

I still use my card and all, it's impossible to be fully out of fiat, and that is why I still use banks and if banks didn't existed tomorrow, I would have hard time. But the goal is to be bankless one day, that is why I got in, and so far it has definitely made it easier.

I believe you, but I am asking honestly, is reducing dependence on banks really the main reason you got into crypto?

From what I see currently, most people choose crypto because of the enormous profit potential it offers. In reality, very few people need it to reduce their reliance on third parties.

Do you use CEX? And it would not really make much sense to say that we are no longer dependent on banks, while still using CEX and other centralized services in the industry.