Quote from: Knight Hider on July 31, 2023, 03:38:37 PM

Quote from: Cyberbex on July 31, 2023, 03:32:48 PM

The only thing that can stop bitcoin is probably the government.

No they can't.

--Knight Hider

They can't control it but for sure they could ban it like in some other countries.

Quote from: Cyberbex on July 31, 2023, 03:32:48 PM

I am 18 yo
schooling in private college
I flip stuff for cash part time regularly to make some extra cash

I have 1 Bitcoin @ 29k & I keep about $3000 in cash in my bank as emergency fund

I have 3 months study break so I am most probably gonna take on a job to fund the bitcoin , trying to fund as much as I can before the halving in 2024

I have been researching on bitcoin for a few months now and by researching I meant like the purpose of bitcoin and I see how it is so much better than fiat(cash) . The only thing that can stop bitcoin is probably the government. After understanding the purpose of bitcoin it gave me more confidence on buying it and not seeing it as a 'investment' but more of a freedom digital currency.

I am gonna start deciding to sell it at end of 2024 , but I guess i could wait till end of 2025.

Hopefully bitcoin can save me from this crazy inflation and break me out of this financial crisis.
If you guys have any tips , do let me know ... I would be very grateful for it.

That's actually good to start early as long as it doesn't affect your studying at college. Starting early would give you an advantage as you could still more learn earlier and benefit more as you have more time to gain knowledge about Bitcoin, because some people discovered Bitcoin late and they already having difficulty from understanding it due to some people doesn't really understand how digital or online works.

Good thing about your post OP. is that you have a goal but let me tell you that despite of being optimistic about Bitcoin we couldn't still predict the outcome of Bitcoin due to volatility and some news that could affect the market. Still it's up to you if the market you're aiming doesn't meet your expectation. you could sell or hodl. Since you have a lot of time in your hands to reenter the market. But for sure holding will payout in the future. Bitcoin couldn't be affected by inflation so investing here is a good thing.