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Author Topic: Financial Freedom and Bitcoin  (Read 21215 times)

Offline Dr.Bitcoin_Strange

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Re: Financial Freedom and Bitcoin
« Reply #45 on: August 12, 2024, 09:30:59 AM »
..What is your opinion?

I like the thing about bitcoin is that everyone is welcome, banks dont always grant you the courtesy of opening an account, while bitcoin doesnt say no to anyone.

in my eyes this makes it a very democratic and very beautiful system, it excludes practically no one. Of course is my opinion
Yeah you are right and that's one unique thing about Bitcoin one can open account any time he or she wants without much procedures like that of the bank, Bitcoin is very easy to use and that why Bitcoin is becoming more better than bank's, however both functions in there own way Banks also are still very much important in the society because they are the ones that gives cash so banks are still very important in the society and they are now stepping up in other to meet up with modern society.

Bitcoin is one of the best investment right now in the world and the best crypto coin, Bitcoin has made a lot of people Rich and has risen the world economy, Bitcoin investment gives one financial freedom, Bitcoin is the best when it comes to saving money because you will have more profit than keeping it in Bank and this is another reason why Bitcoin is preferable than Bank.

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Re: Financial Freedom and Bitcoin
« Reply #45 on: August 12, 2024, 09:30:59 AM »

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Offline gunhell16

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Re: Financial Freedom and Bitcoin
« Reply #46 on: August 12, 2024, 11:22:04 AM »
Bitcoin is really helpful to anyone who believes in it because it can be a source of income and help with our financial problems. There are many communities in this field of crypto space that have been benefiting from Bitcoin for several years in their lives, and there are others who also fail because of insufficient knowledge about it.

And Bitcoin and other crypto can also be an instrument to be the way to our financial freedom if we can learn it correctly in our lives, as long as we are determined and dedicated.
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Re: Financial Freedom and Bitcoin
« Reply #46 on: August 12, 2024, 11:22:04 AM »

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Offline God Of Thunder

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Re: Financial Freedom and Bitcoin
« Reply #47 on: August 12, 2024, 02:18:16 PM »
Let me tell you one true story of my country.
The dictator government ended last week here, and now we are getting the real news. The government approved a couple of banks without any collateral because of their owners' political backgrounds. Those bank owners took billion-dollar loans from their own banks, which is not their money. The central bank just printed as much money as it needed to save those banks from going bankrupt.

Bangladesh's currency had some good value just four years ago. Its ratio against the dollar was 1/78 (1 USD = 78 BDT).
But now, 1 dollar is equivalent to 119 BDT. This means whoever has $1000 worth of BDT in their bank account is not worth $644. Can you imagine? This happened because the central bank printed unlimited money. I am glad that I have saved Bitcoin for the last two years instead of keeping fiat in banks.
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Offline giammangiato

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Re: Financial Freedom and Bitcoin
« Reply #48 on: August 12, 2024, 03:58:07 PM »
..financial freedom, Bitcoin is the best when it comes to saving money because you will have more profit than keeping it in Bank and this is another reason why Bitcoin is preferable than Bank.

Exactly, this comes after so many people have been defrauded by banks, like the subprime mortgage issue with all those CDO DBO derivatives and so on. I am not a person who hates finance, but when finance becomes a scam then things become serious.
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Offline MrSpasybo

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Re: Financial Freedom and Bitcoin
« Reply #49 on: August 12, 2024, 06:32:51 PM »
Bitcoin is really helpful to anyone who believes in it because it can be a source of income and help with our financial problems. There are many communities in this field of crypto space that have been benefiting from Bitcoin for several years in their lives, and there are others who also fail because of insufficient knowledge about it.

And Bitcoin and other crypto can also be an instrument to be the way to our financial freedom if we can learn it correctly in our lives, as long as we are determined and dedicated.
I believe BTC has brought significant profits to many people with its impressive price increase over the past decade. However, we cannot deny that BTC has also caused many investors to lose money when they bought at the peak and sold at the bottom. BTC price increase does not determine the outcome of an investment, it is the investor's experience and decisions that bring them profit or loss.

The profit and wealth from investing in BTC can truly help many people escape financial problems and take control of their own future. I also wish I had taken a chance and believed in BTC 12 years ago when I first heard about it, so that I could have enough money to rest and focus on my passion for science instead of enduring 8-hour per day, 6 days per week ^^
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Offline JunaidAzizi

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Re: Financial Freedom and Bitcoin
« Reply #50 on: August 12, 2024, 06:37:26 PM »
What is your opinion?
Capitalism is the worst financial system in the world. Governments are adopting it, possibly because of American influence or something else, but it can't sustain the world. In order to counter this, another system was introduced, which is called communism. This system states that all property belongs to the government, and resources will be distributed according to need.

Now, both of these systems have ruined the lives of poor people, and they will never get a chance at financial freedom. At this time, cryptocurrency is a good and reliable system that not only benefits the wealthy but also gives the poor a chance to earn more money and achieve financial freedom. Through this, some people may earn more money, but at least it will help poor individuals come forward and live better lives.
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Re: Financial Freedom and Bitcoin
« Reply #51 on: August 12, 2024, 08:42:30 PM »
Rich will get richer and that's very simple and actual fact because they have capital so whenever there's an opportunity they will get into their hands because they are capable of taking risks. Bitcoin will not help anyone to achieve financial freedom cause Bitcoin is money too that needs to be earned in one way or another.

But government can keep the inflation under control even without Bitcoin but they won't and always comes up with an excuse why they are floating money so as individuals it's all in our hands we can embrace the scarcity of Bitcoin and it can help us to become rich.
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Re: Financial Freedom and Bitcoin
« Reply #51 on: August 12, 2024, 08:42:30 PM »


Offline JoyMarsha

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Re: Financial Freedom and Bitcoin
« Reply #52 on: August 12, 2024, 10:08:56 PM »
The beautiful part about Bitcoin and what makes it stand out as best from other financial assets is that both the poor and rich are interested in it; they can invest in it with any amount they can afford to lose at any time of their life they choose. Not forgetting to note, the offer Bitcoin brings to Mr. A is the same as the one she offers to Mr. B. It just left for both to utilize the offer to their advantage whether to invest in Bitcoin and hodl for long or invest for short term

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Re: Financial Freedom and Bitcoin
« Reply #53 on: August 12, 2024, 11:30:48 PM »
The beautiful part about Bitcoin and what makes it stand out as best from other financial assets is that both the poor and rich are interested in it; they can invest in it with any amount they can afford to lose at any time of their life they choose. Not forgetting to note, the offer Bitcoin brings to Mr. A is the same as the one she offers to Mr. B. It just left for both to utilize the offer to their advantage whether to invest in Bitcoin and hodl for long or invest for short term
We can buy bitcoin according to our ability to buy, we don't have to have money to be able to buy bitcoin because we can buy it even if it's only $10.  And this will also make us determine our goals for investing in the short term or long term.  It depends on each of our wishes.  There are also those who prefer to trade.  Butcoin offers many choices for its buyers.

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Re: Financial Freedom and Bitcoin
« Reply #54 on: August 13, 2024, 12:04:11 AM »
The beautiful part about Bitcoin and what makes it stand out as best from other financial assets is that both the poor and rich are interested in it; they can invest in it with any amount they can afford to lose at any time of their life they choose. Not forgetting to note, the offer Bitcoin brings to Mr. A is the same as the one she offers to Mr. B. It just left for both to utilize the offer to their advantage whether to invest in Bitcoin and hodl for long or invest for short term
We can buy bitcoin according to our ability to buy, we don't have to have money to be able to buy bitcoin because we can buy it even if it's only $10.  And this will also make us determine our goals for investing in the short term or long term.  It depends on each of our wishes.  There are also those who prefer to trade.  Butcoin offers many choices for its buyers.

Well the best option if you are going to be a investor in Bitcoin is to go long, or look for the bigger picture. As far as our ability to buy, we can start small, or even join bounties and signature campaign. And from that, you can start to have Bitcoin in your wallet and then you can grow it month by month, year by year.

The most difficult thing is the beginning, but if you have gotten passed that, and then become a HODLer, then you are in the way for your financial freedom. But there could be test along the way, but in the end if you have a goal, then every one of us here can achieved our dreams through the help of Bitcoin.
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Re: Financial Freedom and Bitcoin
« Reply #55 on: August 13, 2024, 02:36:11 AM »
The beautiful part about Bitcoin and what makes it stand out as best from other financial assets is that both the poor and rich are interested in it; they can invest in it with any amount they can afford to lose at any time of their life they choose. Not forgetting to note, the offer Bitcoin brings to Mr. A is the same as the one she offers to Mr. B. It just left for both to utilize the offer to their advantage whether to invest in Bitcoin and hodl for long or invest for short term

Well... I understand the point, I would say that access to purchase the asset is available with a click.

But anyone can invest in any asset as long as they have the resources and know how to do it, buying shares is not that difficult, and it works on the idea of ​​what you mention, it is not something exclusive to bitcoin.

Man, I understand you but I think that things like financial control of our assets or so many other premises are relevant, you can't be creating smokescreens with any related idea.

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Re: Financial Freedom and Bitcoin
« Reply #56 on: August 13, 2024, 08:43:26 AM »
We can buy bitcoin according to our ability to buy, we don't have to have money to be able to buy bitcoin because we can buy it even if it's only $10.  And this will also make us determine our goals for investing in the short term or long term.  It depends on each of our wishes.  There are also those who prefer to trade.  Butcoin offers many choices for its buyers.

Well, I am sure there will be a coin named Butcoin in the future. Or probably already available.  ;D
Kidding aside, I don't know where we can buy $10 worth of Bitcoin these days and how. You have to spend at least a dollar for a $10 transaction. It is not really worth spending 10% of the total money on transaction fees. So, If someone is able to buy $10 a day, they should 15 days at least and buy $150 worth of Bitcoin after 15 days to save transaction fees.

I don't buy Bitcoin from the market because I am already making at least $40 a week from the signature campaign which I do not spend to buy anything. I am still holding it and waiting for the bull run. I hope I am doing the right thing. Signature campaign's money is like I am doing DCA.
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Re: Financial Freedom and Bitcoin
« Reply #57 on: August 13, 2024, 09:03:10 AM »
In the crypto economy the poor still need funds to invest in it and hodle. And the rich still know how to capture the poor. They will inflate the fiat economy and when the poor struggle to survive then their attention to invest in Bitcoin is diverted and they will use that opportunity get richer again.

In the capitalist society, the capitalist always have a way to suffer the poor because they have the cohesive force to provide and protect them.
« Last Edit: August 13, 2024, 09:06:09 AM by Mate2237 »
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Offline EluguHcman

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Re: Financial Freedom and Bitcoin
« Reply #58 on: August 13, 2024, 02:14:59 PM »
Bitcoin is really helpful to anyone who believes in it because it can be a source of income and help with our financial problems. There are many communities in this field of crypto space that have been benefiting from Bitcoin for several years in their lives, and there are others who also fail because of insufficient knowledge about it.

And Bitcoin and other crypto can also be an instrument to be the way to our financial freedom if we can learn it correctly in our lives, as long as we are determined and dedicated.
Bitcoin is indeed an open source of finances lucratively for source of income in investments for short and long term goals so also including quick trading.
Also,  it is alternative means of making payments. So agreeably, when you know the values of Bitcoin and some other potential of cryptocurrencies, there would always be feasible reasons why we should adopt the crypto currencies.


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Re: Financial Freedom and Bitcoin
« Reply #59 on: August 13, 2024, 11:04:21 PM »
In the crypto economy the poor still need funds to invest in it and hodle. And the rich still know how to capture the poor. They will inflate the fiat economy and when the poor struggle to survive then their attention to invest in Bitcoin is diverted and they will use that opportunity get richer again.

In the capitalist society, the capitalist always have a way to suffer the poor because they have the cohesive force to provide and protect them.
That is exactly my point, some people just believe that there is free money in cryptocurrency, not knowing that crypto is not different from every other investment that we already know, for one to make anything tangible, it all depends on how much the investor put in.

You can't buy a $20 worth of bitcoin and expect the amount to suddenly turn to $100 over night, for you to see such amount ain profits with such a low capital, you have to hold for at least 10-15 years depending on what the market situations is in the market, so whatever you put in is what you get, the rich still get richer through bitcoin, and the poor will just be onlookers because of lack of capital to buy tangible amount of bitcoin.
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