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Author Topic: Financial Freedom and Bitcoin  (Read 20878 times)

Offline legend45

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Re: Financial Freedom and Bitcoin
« Reply #105 on: September 02, 2024, 08:36:15 AM »
i think bitcoin/crypto also allows for the marginalized to still have access on the same things as other more privileged ones have access to many are unbanked but with bitcoin and crypto they now have a much safer place to store their money in
Bitcoin price over time can be greater than other investments and the potential for profit is high. For marginal people can continue to accumulate bitcoins from their daily needs as well as disposable income. Analyzing the past price history, Bitcoin has a higher tendency to return than other cryptos, so I think it is better to hold for the long term.
Compared to traditional investment assets like stocks, BTC has been the winning vehicle by far. There was a time when people were still laughing at crypto (in general) and calling it a bubble because they couldn't believe how fast it moves (volatile). Talking about financial freedom now, I think there are other cryptos that can give a higher and faster yield than BTC.
If you want to get higher results or profits from bitcoin, you can choose potential altcoins, but of course the risk level is higher than BTC. There are several altcoins that I hold such as ethereum, BNB, Solana. I think these coins provide more profit than bitcoin, and are also safe.
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Re: Financial Freedom and Bitcoin
« Reply #105 on: September 02, 2024, 08:36:15 AM »

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Offline laijsica

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Re: Financial Freedom and Bitcoin
« Reply #106 on: September 02, 2024, 09:49:39 AM »
i think bitcoin/crypto also allows for the marginalized to still have access on the same things as other more privileged ones have access to many are unbanked but with bitcoin and crypto they now have a much safer place to store their money in
Bitcoin price over time can be greater than other investments and the potential for profit is high. For marginal people can continue to accumulate bitcoins from their daily needs as well as disposable income. Analyzing the past price history, Bitcoin has a higher tendency to return than other cryptos, so I think it is better to hold for the long term.
Compared to traditional investment assets like stocks, BTC has been the winning vehicle by far. There was a time when people were still laughing at crypto (in general) and calling it a bubble because they couldn't believe how fast it moves (volatile). Talking about financial freedom now, I think there are other cryptos that can give a higher and faster yield than BTC.
If you want to get higher results or profits from bitcoin, you can choose potential altcoins, but of course the risk level is higher than BTC. There are several altcoins that I hold such as ethereum, BNB, Solana. I think these coins provide more profit than bitcoin, and are also safe.
Each currency is risky to invest in depending on the level of risk. Also if you actually invest in other products then that is also at risk. By investing in Bitcoin you can reduce the maximum risk, but you should keep depositing every month with a long-term investment plan.
BNB and Solana are very likely to increase in value in the future and I am trying to keep these altcoins in my portfolio but in every consideration it is important to have a long term plan.
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Re: Financial Freedom and Bitcoin
« Reply #106 on: September 02, 2024, 09:49:39 AM »

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Offline Jating

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Re: Financial Freedom and Bitcoin
« Reply #107 on: September 02, 2024, 10:55:13 AM »
Now, it's just a question on how we are going to build a nest on top of the financial freedom that we gain from investing some money on it. Some of us could have been early as 2016 so for sure many of us have earn a lot of already.

And then I remember there was a thread on BTT asking how much Bitcoin do we need in order to build generational wealth. And he gave a number 1 whole Bitcoin. But I doubt that it will be enough to build money throughout the years. Maybe at least 10 Bitcoin though might be enough.

How about you guys what is your take on that?
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Online Bobcrypto

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Re: Financial Freedom and Bitcoin
« Reply #108 on: September 02, 2024, 02:31:49 PM »
In my candid opinion, getting financial freedom through  Bitcoin has no limit, because there is still time, the Bitcoin is still very young even if we decide to invest today. Those who invested in 2024, can also be remember in the next 14 years like those that invested in 2016 which is now been rated as millonias. I think financial freedom through Bitcoin has lifted up some common man on the street to regain freedom.
In a nut share, Bitcoin has made history that for many years in future will be remembered.

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Re: Financial Freedom and Bitcoin
« Reply #109 on: September 02, 2024, 03:28:55 PM »
In my candid opinion, getting financial freedom through  Bitcoin has no limit, because there is still time, the Bitcoin is still very young even if we decide to invest today. Those who invested in 2024, can also be remember in the next 14 years like those that invested in 2016 which is now been rated as millonias. I think financial freedom through Bitcoin has lifted up some common man on the street to regain freedom.
In a nut share, Bitcoin has made history that for many years in future will be remembered.

Still depend on us though, yeah, majority has gained so much financial freedom, we made profits thru trading and holding and at one point selling during the bull run. Nevertheless, even if if we see that it has no limit, there are still cycles hear and so we should learn how to protect our interest so that we will continue to have financial freedom.

Like for example in the bear market, it's hard to make money if the price continue to go down. But we can buy at low price and then continue to be a long term holder and sell at the right time. So it's should be a continuing process when to buy and when to make money in order for us to continue to have that financial freedom we all wanted.
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Re: Financial Freedom and Bitcoin
« Reply #110 on: September 02, 2024, 03:31:27 PM »
Thank god crypto isn't taxed yet for individuals...but i'm afraid they gonna make it soon. 

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Re: Financial Freedom and Bitcoin
« Reply #111 on: September 02, 2024, 04:19:31 PM »
Each currency is risky to invest in depending on the level of risk. Also if you actually invest in other products then that is also at risk. By investing in Bitcoin you can reduce the maximum risk, but you should keep depositing every month with a long-term investment plan.
BNB and Solana are very likely to increase in value in the future and I am trying to keep these altcoins in my portfolio but in every consideration it is important to have a long term plan.
Of course, every investment should be long-term investment, long-term investment reduces the amount of risk, in the future the price of BNB and Solana as well as ETH will increase, you can invest in Bitcoin, BNB and Solana as well as ETH, because when Bitcoin will pump Then Bitcoin will pump ETH after that, because the position of ETH is after Bitcoin. So I would suggest you to invest in ETH as well, if possible and if you have more money to invest then you can invest in ETH if you want.
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Re: Financial Freedom and Bitcoin
« Reply #111 on: September 02, 2024, 04:19:31 PM »


Offline laijsica

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Re: Financial Freedom and Bitcoin
« Reply #112 on: September 04, 2024, 04:47:52 PM »
Each currency is risky to invest in depending on the level of risk. Also if you actually invest in other products then that is also at risk. By investing in Bitcoin you can reduce the maximum risk, but you should keep depositing every month with a long-term investment plan.
BNB and Solana are very likely to increase in value in the future and I am trying to keep these altcoins in my portfolio but in every consideration it is important to have a long term plan.
Of course, every investment should be long-term investment, long-term investment reduces the amount of risk, in the future the price of BNB and Solana as well as ETH will increase, you can invest in Bitcoin, BNB and Solana as well as ETH, because when Bitcoin will pump Then Bitcoin will pump ETH after that, because the position of ETH is after Bitcoin. So I would suggest you to invest in ETH as well, if possible and if you have more money to invest then you can invest in ETH if you want.
It is much easier my friend to go through the series of discussions about Bitcoin since this thread is about Bitcoin. DCA strategy is most useful for an investor considering the trend and volatility of Bitcoin price because considering the price of the past days you can conclude that the price of Bitcoin will increase a lot in future. If you want to have more financial freedom, allocate a portion of your alternate income to deposit bitcoins and run it every week or every month and try to keep it until your job or retirement.
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Re: Financial Freedom and Bitcoin
« Reply #113 on: September 04, 2024, 05:18:40 PM »
Thank god crypto isn't taxed yet for individuals...but i'm afraid they gonna make it soon.
Well it actually is when we withdraw it on local exchanges I think taxes are automatically applied for that services like converting into local currency though I am not that sure about how it really works but I think that depends on regulations with central banks in a specific country.

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Re: Financial Freedom and Bitcoin
« Reply #114 on: September 06, 2024, 05:02:07 PM »
Thank god crypto isn't taxed yet for individuals...but i'm afraid they gonna make it soon.
Well it actually is when we withdraw it on local exchanges I think taxes are automatically applied for that services like converting into local currency though I am not that sure about how it really works but I think that depends on regulations with central banks in a specific country.
I also think like you, when we convert our crypto assets to local currency in our local exchange we are taxed, I think that is good for our country's revenue. because as a good citizen we have to pay tax from our transactions.
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Re: Financial Freedom and Bitcoin
« Reply #115 on: September 06, 2024, 06:54:38 PM »
In my candid opinion, getting financial freedom through  Bitcoin has no limit, because there is still time, the Bitcoin is still very young even if we decide to invest today. Those who invested in 2024, can also be remember in the next 14 years like those that invested in 2016 which is now been rated as millonias. I think financial freedom through Bitcoin has lifted up some common man on the street to regain freedom.
In a nut share, Bitcoin has made history that for many years in future will be remembered.
At first, many people rejected it, but in the end many people realized that the existence of bitcoin has helped so much, especially for those who want to get financial freedom.

As I said before, it is not easy to get financial freedom, but at least after the existence of bitcoin we have a greater chance to at least be able to walk to the point we want. So don't miss this great opportunity, because the path is in front of us.

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Re: Financial Freedom and Bitcoin
« Reply #116 on: September 06, 2024, 08:40:38 PM »
i think bitcoin/crypto also allows for the marginalized to still have access on the same things as other more privileged ones have access to many are unbanked but with bitcoin and crypto they now have a much safer place to store their money in
Bitcoin price over time can be greater than other investments and the potential for profit is high. For marginal people can continue to accumulate bitcoins from their daily needs as well as disposable income. Analyzing the past price history, Bitcoin has a higher tendency to return than other cryptos, so I think it is better to hold for the long term.
Compared to traditional investment assets like stocks, BTC has been the winning vehicle by far. There was a time when people were still laughing at crypto (in general) and calling it a bubble because they couldn't believe how fast it moves (volatile). Talking about financial freedom now, I think there are other cryptos that can give a higher and faster yield than BTC.
If you want to get higher results or profits from bitcoin, you can choose potential altcoins, but of course the risk level is higher than BTC. There are several altcoins that I hold such as ethereum, BNB, Solana. I think these coins provide more profit than bitcoin, and are also safe.

I support you in what you are saying, because it is true that if anyone wants to earn a large amount in the crypto space, they should invest in crypto that is top-listed in the market like the ones you mentioned; meme coin is also possible, as long as it is at least top-listing.

That's what I've been doing since, like Sol, Bnb, Eth, Arb, Sui, OP, Pol, Trx, Tao, and others that I won't say more about here.
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Offline Mia Chloe

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Re: Financial Freedom and Bitcoin
« Reply #117 on: September 06, 2024, 08:59:25 PM »
Bitcoin is one of the best powerful currency in cryptocurrency market. We know that some country has rejected in bitcoin, But some country is continue it’s activity. If any government do continue of activity of bitcoin, i think it will be a correct decision for his country. Because we know that when bitcoin will run by his country, that's country will remove his poverty. So we told that bitcoin helpfully for any people of there country. Because we saw many common people were invest in bitcoin, and i believe that they will be best benefited in future.
Yes of course bitcoin is the most popular and most solid crypto currency in the whole crypto space and ecosystem. Unfortunately not all governments are ready to accept it. For different reasons. Anyways bitcoin has been able to grow so much to this extent over the years because of it's adopters constantly growing. Bitcoin has a couple of unique factors and advantages that makes a great deal of investors trust it as well as decided to invest in it.

Bitcoin is the biggest decentralised crypto currency and also one with the highest market cap as well. Bitcoin has a couple of add-ons like unlimited transactions across different countries and regions. Infact that's one of the biggest importance of crypto.
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Offline Asiska02

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Re: Financial Freedom and Bitcoin
« Reply #118 on: September 06, 2024, 11:05:47 PM »
i think bitcoin/crypto also allows for the marginalized to still have access on the same things as other more privileged ones have access to many are unbanked but with bitcoin and crypto they now have a much safer place to store their money in
Bitcoin price over time can be greater than other investments and the potential for profit is high. For marginal people can continue to accumulate bitcoins from their daily needs as well as disposable income. Analyzing the past price history, Bitcoin has a higher tendency to return than other cryptos, so I think it is better to hold for the long term.

Holding on to bitcoin for the long term is proven to be the best way to invest in bitcoin and be profitable. It kills all the fear/panic of losing too many money and has the tendency of getting back to its normal price after being faced by high volatile nature of the market. Bitcoin is a safer haven for investment for the long term and also serve as an alternative to the fiat currency which makes one independent and also cut the third party involvement in your money. Financial freedom is all bitcoin is all about and if you’ve understood and embraced it wholeheartedly, you’ll be happy you’re part of the revolutionary of bitcoin adoption.

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Re: Financial Freedom and Bitcoin
« Reply #119 on: September 06, 2024, 11:56:25 PM »
[

Holding on to bitcoin for the long term is proven to be the best way to invest in bitcoin and be profitable. It kills all the fear/panic of losing too many money and has the tendency of getting back to its normal price after being faced by high volatile nature of the market. Bitcoin is a safer haven for investment for the long term and also serve as an alternative to the fiat currency which makes one independent and also cut the third party involvement in your money. Financial freedom is all bitcoin is all about and if you’ve understood and embraced it wholeheartedly, you’ll be happy you’re part of the revolutionary of bitcoin adoption.
Bitcpin offers financial freedom, that's the reason why investors enter bitcoin and invest there. In addition to wanting to get profit, they also want to manage their own finances by being able to make transactions whenever they want. And bitcoin can provide all of that.

 

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