Quote from: Bananington on March 29, 2024, 07:23:21 AM

You make the term 'patience,' sound like the common man should be waiting for profit without making any reasonable investment. The activity that one engage in while waiting for an investment to mature or in the process of starting an investment is what counts and that's how the common man can see opportunities and make profit.

The overwhelming majority of common men do not have lump sum amounts to invest into bitcoin or anything else. So one of the best things that any common man can do is to create his own situation in such a way that he has discretionary income - which means that he has income that is extra as compared with the level of his expenses - so that when he invest into bitcoin, then he can just continue to build the investment. He is not waiting, he is continuing to build little by little by little through the years. And, so yeah, with regular investments, he might not end up making much if any progress, even if he puts value into such regular investments.. and also with regular investments, he might not be able to invest $10 per week or some modest amount, yet with bitcoin there are ways to invest small amounts on a very regular basis and over a long period of time.

So, patience may well not be a passive activity, but a kind of activity that is ongoingly reinforced through continued investing into bitcoin and setting aside the stash that over 10, 20 30 years or so may well end up providing a lot of opportunities, even though it is not guaranteed, but if a common man takes measures to protect his stash, then he will have decent potentials of putting himself in a place in which he has more options.

Quote from: Bananington on March 29, 2024, 07:23:21 AM

If the dream requires large capital, the common man should know that the best way to make profit from BTC investments is to HoDL for long term.

The most likely absence of large capital is part of the advantages that bitcoin helps to achieve for the common man.. If the guy has large capital then his situation is advantages, yet with bitcoin large capital has chances of being built through years, and years and years of ongoing accumulation using relatively small amounts that build with time.. again no guarantees, yet bitcoin continues to appear to be one of he long term greater of asymmetric bets available to someone who is starting out with relatively small capital or little capital to build his capital by putting time, energy and value into bitcoin.

Quote from: Bananington on March 29, 2024, 07:23:21 AM

So if our common man doesn't have the luxury to wait that long, he/she might as well try to trade with BTC to eke out profits, but there would be loss as a newbie to trading, try to complete transaction and do payments for purchases or service across and within the borders of the country of residence and try out other crypto trading on an exchange listing to gain different experience. This would alone make them more interested and have a clear concept of how to make profit/gains from BTC investments both in the long and short term duration.

Your ideas sound really mixed up here.

With bitcoin, there are needs to think about trading or fucking around with various shitcoins. For the common man. Just stay focused on accumulating bitcoin as aggressively as you are able to do without overdoing it and while making sure that you are safeguarding your coins... and there are no reasons for common men to devolve into trading, gambling or screwing around with shitcoins with some kind of a belief that they need to try to expedite the process of becoming rich because they are poor, and if they think like that, then they are likely going to have fun staying poor if they cannot remove themselves from get rich quick thinking, gambling, trading and/or fucking around with shitcoins.

So even if some common men might ONLY be able to invest $10 per week and it takes him a whole year to get $520 invested, every once in a while he should be removing those accumulated amounts from third parties (such as exchanges) and then moving them to his own personal self-custodial storage ways that are hopefully secure... and maybe at some point advancing to a hardware wallet, yet there are other ways to secure amounts and the level of security might vary depending on how much you want to store and to assure that no one can access the coins except for you and/or your designated beneficiaries in the case you die or otherwise become incapacitated.

Quote from: Hamza2424 on March 29, 2024, 09:35:36 PM

OP to be honest, in the society where I live the person you are explaining, works hard to earn a living only, he doesn't dream of luxuries and in my view, he spends a peaceful night after eating a good meal, the only problem is he faces sometimes is the worries of earning for his family, they earn and eat they dont focus on the savings. Here I'm not going to mention the challenges and how struggling life they spend but I'm trying to explain in their point of view they dont need Bitcoin, actually Bitcoin is the source of attention for the middle class.

Bitcoin won't even help him a lot as well, because he cant invest enough money to jump from the lower class to the middle. At the same time when we are gonna compare the expenses of our life with them I mean middle with lower classes there's no match obviously.

The investment term is not for everyone because not everyone can afford to invest and take the risk of 2 meals, I think this is where our entire financial system lacks.

Yes.. it is too fucking bad, if you don't have any discretionary income, then you cannot invest. So yeah.. life is unfair, but what you going to do about it?

If you never can figure out a way to establish some discretionary income then you are never going to be able to save or invest into anything.

With bitcoin you have to be able to put away money and to be able to forget about that money for 4-10 years or longer, and surely the more that you can scrounge up then you as a lower class person, you may be able to pass up a middle class person who did not save and/or invest.

The ONLY way that you can invest is by somehow figuring out a way to have a discretionary income to earn more and/or to cut expenses, so that whatever you invest you are not going to need for 4-10 years or more.. If you cannot do that, then you won't be able to get direct advantages from bitcoin, and you will ONLY get indirect advantages of bitcoin as a system being more fair than current status quo debt based (fiat based) systems.

I wil admit that there are a lot of folks who are really in bad shape in terms of their income and/or their expenses, so they have to either increase their income and/or cut their expenses to create a system in which they have discretionary income, even if it is ONLY $10 per week... What else are they going to do? A revolution? I mean there is ONLY so much that anyone can do to figure out if they can increase their income and/or cut their expenses so that they are able to invest in bitcoin and/or anything else.

and yeah it can frequently take 30-40 years or longer for someone to really save up and potentially get ahead, and sometimes when trying to save up and invest through various fiat systems, you are not fucking going to get ahead, so at least bitcoin provides some possibility of hope of getting ahead for some folks who are able to at least figure out a way to establish a discretionary income in which they are able to save and invest and to tuck away some amount that hopefully is small enough that they ar not going to need it and that they can build their nest egg of bitcoin (satoshis) and protect them while they are stacking them.