Financial Freedom and Bitcoin

[Gurujebs]

you are right, there is no free money without us doing anything. We have also participated in bounties and airdrops by doing the tasks given to us and then getting rewards. As far as I know, even though it is free, we also do the tasks.
And the crypto world teaches us financial freedom, how we manage our finances.

This is where people that doesn't understand how crypto fall into the hands of the scammers. The widespread of crypto profits is what bring many people to crypto but not all of them have the money to start and when they tell them there are free ways to make money in crypto they rushed in and they waste time doing things that are worthless.

In crypto, If you really want to enjoy everything about it kindly invest your own money and face your investment. When you make significant profits from it, exit and repeat the pattern until you make more money from it and look out for fake/scam projects as well.

[yhiaali3]

There are so many people who feel the pleasure of Bitcoin/crypto from crypto a little help for the economy and financial freedom, there are many ways to feel the pleasure of crypto or Bitcoin starting from bounty or airdrop and others at least this crypto can make people less dependent on work in their real life.

Yes, this is true, this method is very good in some cases where societies suffer from unemployment or low job opportunities, as well as in cases of epidemics such as the Corona pandemic and others, where anyone can work from the Internet without having to leave the house.

As for normal cases, I prefer that each person has his real job in real life through which he earns his living because working in cryptocurrencies carries high risks and it can stop at any time for any reason.

[Rubel007]

you are right, there is no free money without us doing anything. We have also participated in bounties and airdrops by doing the tasks given to us and then getting rewards. As far as I know, even though it is free, we also do the tasks.
And the crypto world teaches us financial freedom, how we manage our finances.

This is where people that doesn't understand how crypto fall into the hands of the scammers. The widespread of crypto profits is what bring many people to crypto but not all of them have the money to start and when they tell them there are free ways to make money in crypto they rushed in and they waste time doing things that are worthless.

In crypto, If you really want to enjoy everything about it kindly invest your own money and face your investment. When you make significant profits from it, exit and repeat the pattern until you make more money from it and look out for fake/scam projects as well.

Yes, it is an important message that if you want to enjoy something from crypto, it is better to invest your own money. No significant return is possible from anything without investing. But it should be remembered that if you invest with others assets or loan money, there is no problem if you succeed, but if you fail, you must suffer. One should refrain from being overly greedy when it comes to crypto investing. If there is profit from the investment then enjoying it is the right policy.

[bounceback]

Yes, it is an important message that if you want to enjoy something from crypto, it is better to invest your own money. No significant return is possible from anything without investing. But it should be remembered that if you invest with others assets or loan money, there is no problem if you succeed, but if you fail, you must suffer. One should refrain from being overly greedy when it comes to crypto investing. If there is profit from the investment then enjoying it is the right policy.

In my opinion better taking loan for investing in cryptocurrency but only on the right moment when bitcoin dropping than using other capital but must spending half profitable. Its not problem with loan as capital for trading during have not significant loan interest and we can manage with loan interest payment.
In trading most important beside capital we have controlling our emotion from set up maximum profitable to earn and take profit without get greedy have waiting another higher price reach. If can manage well with trading technical I think easily for loan interest payment behind how many businessman build up their business from loan but they can controlling it well.

[Metha Wulandarin]

There are so many people who feel the pleasure of Bitcoin/crypto from crypto a little help for the economy and financial freedom, there are many ways to feel the pleasure of crypto or Bitcoin starting from bounty or airdrop and others at least this crypto can make people less dependent on work in their real life.

Yes, this is true, this method is very good in some cases where societies suffer from unemployment or low job opportunities, as well as in cases of epidemics such as the Corona pandemic and others, where anyone can work from the Internet without having to leave the house.

As for normal cases, I prefer that each person has his real job in real life through which he earns his living because working in cryptocurrencies carries high risks and it can stop at any time for any reason.

Everyone can have financial freedom, financial freedom is not only through crypto but it can also be with others or as a freelancer it can also be called financial freedom because most people who freelance work they receive a salary through E-wallet or Paypal.
For myself, playing in this crypto world is only considered as an additional job.

[Hamza2424]

As for normal cases, I prefer that each person has his real job in real life through which he earns his living because working in cryptocurrencies carries high risks and it can stop at any time for any reason.

Yup, I do consider your words about the regulatory uncertainty for the crypto market but with the passage of time it won't be a big problem you need to know that your entire work is based on the internet and you own nothing in hands-on the name of skills and on the name of assets, consider for some reason like natural disaster and any other reason your internet connect gets disabled what are you gonna do. So as I've said I do agree with you you should own multiple skills and jobs to earn your living. For the queries and dreams fulfillment, you can consider the crypto market as an option by investing a decent amount

[JISAN]

In a capitalist society where the rich are getting richer and the poor are poorer, the introduction of crypto-finance can create a sustainable economic environment in the face of inflation. The expansion of trade in decentralized financial systems and especially the rising value of Bitcoin can be an important hedge for marginalized people. Also, by introducing transactions at various institutional levels, excess pressure on the fiat can be reduced, which can help curb inflation. Above all, economic freedom at the individual level and expansion of the institutional transaction system can bring a positive financial outlook for the entire country

What is your opinion?

Bitcoin Gives Everyone Financial Freedom But How Will It Eliminate Rich-Poor Disparity?  We often find that in societies where the rich always remain rich and the poor remain poor, this disparity cannot be eliminated by changing the type of money.  This disparity has to change itself through hard work and creating new business models in which micro finance can play a very good role. With Bitcoin you hope to change the disparity between the rich and the poor. How much bitcoin can people buy and hold? The rich will hold hundreds of times more then if the price of Bitcoin increases, the rich will make hundreds of times more than the profit of the poor.  So how did the discrimination change here by bitcoin?

[laijsica]

In a capitalist society where the rich are getting richer and the poor are poorer, the introduction of crypto-finance can create a sustainable economic environment in the face of inflation. The expansion of trade in decentralized financial systems and especially the rising value of Bitcoin can be an important hedge for marginalized people. Also, by introducing transactions at various institutional levels, excess pressure on the fiat can be reduced, which can help curb inflation. Above all, economic freedom at the individual level and expansion of the institutional transaction system can bring a positive financial outlook for the entire country

What is your opinion?

Bitcoin Gives Everyone Financial Freedom But How Will It Eliminate Rich-Poor Disparity?  We often find that in societies where the rich always remain rich and the poor remain poor, this disparity cannot be eliminated by changing the type of money.  This disparity has to change itself through hard work and creating new business models in which micro finance can play a very good role. With Bitcoin you hope to change the disparity between the rich and the poor. How much bitcoin can people buy and hold? The rich will hold hundreds of times more then if the price of Bitcoin increases, the rich will make hundreds of times more than the profit of the poor.  So how did the discrimination change here by bitcoin?

By depositing Bitcoins regularly, people can increase their holdings and eventually it turns into huge stacks that can give them huge profits. Any class of people can be interested in depositing a portion of their disposable income to Bitcoin. By operating one or more cycle of 4-10 years a Bitcoin holder can getting multiple profits that can eliminate poverty and reduce the gap with rich people. DCAing method of depositing bitcoins is an ideal method that people of any income can do and benefit financially.

[taufik123]

By depositing Bitcoins regularly, people can increase their holdings and eventually it turns into huge stacks that can give them huge profits. Any class of people can be interested in depositing a portion of their disposable income to Bitcoin. By operating one or more cycle of 4-10 years a Bitcoin holder can getting multiple profits that can eliminate poverty and reduce the gap with rich people. DCAing method of depositing bitcoins is an ideal method that people of any income can do and benefit financially.

The DCA strategy, if it can be carried out correctly and consistently, will indeed bring extraordinary profits, especially if it enters at a fairly low price, such as -50% or -70% below the ATH.

This can also be done automatically on some major exchanges like Binance and you just need to set it up when to buy and how much you want.

But now it's not just DCA, but look at how the market conditions are.
If it is possible to wait at the lower price it can be better, the important thing is that the money reserve is still enough to buy back.

[yhiaali3]

Yup, I do consider your words about the regulatory uncertainty for the crypto market but with the passage of time it won't be a big problem you need to know that your entire work is based on the internet and you own nothing in hands-on the name of skills and on the name of assets, consider for some reason like natural disaster and any other reason your internet connect gets disabled what are you gonna do. So as I've said I do agree with you you should own multiple skills and jobs to earn your living. For the queries and dreams fulfillment, you can consider the crypto market as an option by investing a decent amount

Yes you are absolutely right, you get my point. That's what I meant as the internet can stop working for any reason whether it is a malfunction or natural disaster or a government ban so it is necessary to have an alternative income. It is a mistake to rely on the internet as the only source of income.

[KingsDen]

you are right, there is no free money without us doing anything. We have also participated in bounties and airdrops by doing the tasks given to us and then getting rewards. As far as I know, even though it is free, we also do the tasks.
And the crypto world teaches us financial freedom, how we manage our finances.

This is where people that doesn't understand how crypto fall into the hands of the scammers. The widespread of crypto profits is what bring many people to crypto but not all of them have the money to start and when they tell them there are free ways to make money in crypto they rushed in and they waste time doing things that are worthless.

In crypto, If you really want to enjoy everything about it kindly invest your own money and face your investment. When you make significant profits from it, exit and repeat the pattern until you make more money from it and look out for fake/scam projects as well.

The way people talk about bitcoin eradicating poverty and improving the economy of some countries will make you think which bitcoin they are talking about. Some persons actually have overrated bitcoin while some people have underrated it. People who underrate bitcoin do it because of ignorance and unbelief while many who overrates bitcoin do that in other two deceive innocent newcomers in the industry. You see them talk all good about Bitcoin and even tell you to join the bandwagon even if you don't have any money. Sometimes, all these are efforts to scam you or to use your time and efforts to develop their Project.

It is therefore very important that we understand bitcoin to be a cryptocurrency and a volatile one in that matter and treat it with care. Bitcoin give stage ability to manage your finances but doesn't give free money.

[SamReomo]

So the government will not have much time to monitor wallets that try to use bitcoin as a transaction.

Not sure about other governments but I believe Chinese government can somehow monitor the wallets that hold huge amounts of Bitcoin. However, if they left the ban then there won't be any such issue or fear in the minds of the Bitcoin users who belong to China.

[bounceback]

Yes you are absolutely right, you get my point. That's what I meant as the internet can stop working for any reason whether it is a malfunction or natural disaster or a government ban so it is necessary to have an alternative income. It is a mistake to rely on the internet as the only source of income.

Government have their own regulation about cryptocurrency have to be banned or not, many countries if get bad viewed with bitcoin or altcoin easily to banned regulation about bitcoin and make the trader or investor face difficulty how to withdraw their assets to fiat or cash.
Internet is one side very important and easily controlling by government, learn what happen with Bangladesh when their government shut down with internet exactly taken for several days later make the trader of Bangladesh loss their source income from cryptocurrency.

[Kemarit]

If crypto currency is banned in your country, is it safe for you to still invest in crypto? In my country, bitcoin is only banned as a payment method but is allowed for investment.

Nope, if crypto is banned in someone's country then investing in it is a risk one takes on his/her own. I don't know about the policies of your country but it's always safe to not risk your money when there's are strict regulations by a government so you may not do anything illegal.

If they allow people to investand banning using Bitcoin as payment, it does imply that the government will be monitoring his address if thry use it to pay for something, right?

I think this is not the case in China anymore. They are about to unban BTC as what I have read on telegram post recently. BTC is about to explode.

I really don't understand why people still thinks that China getting in the picture again (which I don't think they will, as they already ban it), will make Bitcoin explode.

I mean, as I have said, they already ban it or at least going anti-Bitcoin since 2018 when all the Chinese exchange moves out of the country and then they put a blanket ban on if. And we have our speculation that they do it because they don't want to give their people financial freedom. They are a authoritative government and with that, you can't just get wealthy and not be in the cross hair of the government. Sooner or later you will be the target of the government and even if you have a lot of money, you can't get away from them, just like what they did to Jack Ma.

[yhiaali3]

Internet is one side very important and easily controlling by government, learn what happen with Bangladesh when their government shut down with internet exactly taken for several days later make the trader of Bangladesh loss their source income from cryptocurrency.

Yes, it's almost the same in my country, we have an authoritarian government that can do anything like shut down the internet, ban Bitcoin and cryptocurrencies, ban crypto websites, or prosecute everyone who works in cryptocurrencies.

These are all possibilities that exist, albeit weak, so it's good to take precautions in case of any emergency. It's better to have more than one source of income.