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Showing 8 of 8 results by Sane001
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Board Bitcoin Discussion
Re: What will Bitcoin look like in the future?
by
Sane001
on 19/06/2024, 11:52:23 UTC
What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?
Into global adoption and we're already there but not yet maxed.

Will it make everyone free?
Free from the control of the authorities and your wealth is in your hands.

Will it be regulated and become government controlled?
Sort of, but this is mainly to the businesses that are into Bitcoin like the centralized exchanges.

All normal and crazy theories please  Grin
I guess the most common is that it's gonna be dead and in fact, it's been dead for gazillion times.

Bitcoin would definitely take over the world in the future, that’s why it is valuable for one to start investing now on a long term investment using the DCA method so the future would be bright . I also think in the future bitcoin would serve as the only medium for foreign exchange on crypto currency
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Topic
Board Bitcoin Discussion
Re: Do you think bitcoin layer2 will come ?
by
Sane001
on 19/06/2024, 11:45:16 UTC
Do you think bitcoin layer2 will come ?  Smiley

Please can someone educate me what bitcoin layer2 is all about??
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Topic
Board Bitcoin Discussion
Re: Have you successfully influenced someone to invest in bitcoin ?
by
Sane001
on 19/06/2024, 11:37:12 UTC
Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
quote]
I find these very interesting, because I had similar case with my friends too.
When my friend first approached me about investing in bitcoin, I thought he was looking for an avenue to defraud me but after some months went by I saw him at the shopping mall with a full Catted shopping items an I was like “Bro what’s up?? He said everything am seeing here was just half the money of his interest. I was blown away an since then I knew bitcoin investment system works an without hesitation I rushed to secure my future by investing into bitcoin.
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Topic
Board Beginners & Help
Re: Bitcoin is Interesting
by
Sane001
on 19/06/2024, 11:21:28 UTC
In the future an I realized I can only get it if investing in bitcoin.

Bitcoin is one of the tools you can counterattack inflation but I beg to differ with the term only way and that too coming from literally Bitcoin newbie.

Even though I am Bitcoin maximalist I won't recommend you to have an investment portfolio only filled with Bitcoin and in fact, you can go up to 30-40% but anything more then you are risking which can pay you more than any other investment but it also contradicts the basic thumb rule of being successful investor which is don't put all eggs in one basket.

So I would take the conservative investment strategy to keep the risk in balance so even if bitcoin is going through bad days the assets from other secotrs may compensate and not give the panic of I lost everything.
Thank you for I would also consider the conservative investment strategy, as a newbie am open to learn an do research in other for me not be in loss. No knowledge is a waste I hope on having a long term investment on bitcoin.
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Topic
Board Beginners & Help
Re: Bitcoin is Interesting
by
Sane001
on 11/06/2024, 00:21:08 UTC
Over the years Bitcoin has always been a competitive investment most persons would like to dive into.Bitcoin is indeed an interesting investment.Bitcoin investment is a choice,just like you understood the value of Bitcoin even in economic crisis it isn't affected,and you also made a right choice by investing in Bitcoin.Bitcoin is considered as an interesting investment because it is a safe haven asset, meaning it doesn't lose it's value even in the face of economic crisis.
A currency that doesn’t depreciate no matter the economic crisis, is an ideal form of securing the future
As the inflation has taken over an people face extreme poverty an hardships, I’m grateful to a friend that took out time to Educate me on how it works ,I’m open minded an willing to learn the interesting part of investing.
Post
Topic
Board Beginners & Help
Re: Bitcoin is Interesting
by
Sane001
on 10/06/2024, 23:57:44 UTC
I haven’t been a fan of digital currency because I was ignorant.
When the economy was better than the way it is now I was
Okay with my financial state.
I never knew things would get these worse. If I had the understanding
Of bitcoin when I was financially alright, by now I would have gotten a
Strong Financial support investing bitcoin. The inflation motivated me to
Make a research on how I could invest my income to gain financial stability
In the future an I realized I can only get it if investing in bitcoin.
The inflation is getting more serious everyday an theirs know sign it will
Get better. It is better for me to secure my future than doing nothing now .
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.

What most people failed to understand is that no matter how little they can afford on investing on Bitcoin is a good start because your investment portfolio will seriously appreciate overtime if they are consistent, but in most cases people normally want to be rich first before they realize the need to start investing on Bitcoin, however just like you said imagine if you had started investing on Bitcoin then by now you would have actually gone very far on your Bitcoin journey now but however is not actually too late, you can still start accumulating and holding Bitcoin now even if you may no longer be financially stable as you are before, so perhaps you can start with the little you can afford and accumulate either on monthly or weekly basis depending on the one that will actually be more suitable for you, perhaps adapting the use of DCA method of accumulation will also help you a lot because it has to do with accumulating Bitcoin with the amount that's okay for you to invest.

Initially just like you started above , I use too think that I have to be rich before I could invest in bitcoin.
Little did I know, I would have started early. Thank You for also recommending the DCA method of accumulation
My bitcoin journey starts now!!
Post
Topic
Board Beginners & Help
Re: Bitcoin is Interesting
by
Sane001
on 10/06/2024, 23:44:13 UTC
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.
The most important thing is not to force your situation. I mean when you are obsessed with Bitcoin investment you can ignore your needs and that will mess up your financial management.
What you need to know first is how much money you make. how much do you need to spend? how much can be left for savings? and you can invest the rest in Bitcoin.
What you should also know is that Bitcoin will not change your life in a short time. enjoy the process never give up.

I’m grateful that you highlighted significant facts on the bases of proper planning before making investments.
Bitcoin has not only saved lives, but eradicated poverty in the world. I would continue to utilize every penny that
Comes my way in proper investment!!
Post
Topic
Board Beginners & Help
Topic OP
Bitcoin is Interesting
by
Sane001
on 06/06/2024, 21:24:42 UTC
I haven’t been a fan of digital currency because I was ignorant.
When the economy was better than the way it is now I was
Okay with my financial state.
I never knew things would get these worse. If I had the understanding
Of bitcoin when I was financially alright, by now I would have gotten a
Strong Financial support investing bitcoin. The inflation motivated me to
Make a research on how I could invest my income to gain financial stability
In the future an I realized I can only get it if investing in bitcoin.
The inflation is getting more serious everyday an theirs know sign it will
Get better. It is better for me to secure my future than doing nothing now .
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.