Financial Freedom and Bitcoin

[Mr. Magkaisa]

There is money to be made by investing in crypto so the more funds one can invest the more one will share in the profits. Since the rich people have a lot of funds, they are ready to take any risk they want so their investments are high and the profits are high. Due to the volatile nature of the cryptocurrency market it is important to approach investing with a well thought out strategy and a solid understanding of the risks involved.
In that case poor people don't have enough money so they are afraid to invest in crypto and take risks. Many people earn money for free in crypto so anyone can change their financial situation with it. Crypto should be legalized in all countries then unemployment will decrease and people will be able to earn a lot of money from home. Also everyone has freedom of money because i can invest my money anywhere so crypto should be legitimized soon.

        -      To make Bitcoin legalized all over the world I think it will not be easy to happen in this era, though, it is possible to happen in the future. Moreover, since then until now, investing really when we allocate correctly is for sure that we will have a profit on the capital we use here.

That is why being wise investors will depend on our hands on how we will conduct screening on the crypto assets that we will choose besides Bitcoin which we know is also proven and tested when it comes to long-term holdings.

[legend45]

There is money to be made by investing in crypto so the more funds one can invest the more one will share in the profits. Since the rich people have a lot of funds, they are ready to take any risk they want so their investments are high and the profits are high. Due to the volatile nature of the cryptocurrency market it is important to approach investing with a well thought out strategy and a solid understanding of the risks involved.
In that case poor people don't have enough money so they are afraid to invest in crypto and take risks. Many people earn money for free in crypto so anyone can change their financial situation with it. Crypto should be legalized in all countries then unemployment will decrease and people will be able to earn a lot of money from home. Also everyone has freedom of money because i can invest my money anywhere so crypto should be legitimized soon.

        -      To make Bitcoin legalized all over the world I think it will not be easy to happen in this era, though, it is possible to happen in the future. Moreover, since then until now, investing really when we allocate correctly is for sure that we will have a profit on the capital we use here.

That is why being wise investors will depend on our hands on how we will conduct screening on the crypto assets that we will choose besides Bitcoin which we know is also proven and tested when it comes to long-term holdings.

the possibility of bitcoin becoming a legal currency worldwide is a difficult thing. but it is possible that it will happen in the future. because we will enter the digital age, everything is crypto. although the government will not let it happen, because they have FIAT, but no one can refuse the progress of technology.

[enwi]

There is money to be made by investing in crypto so the more funds one can invest the more one will share in the profits. Since the rich people have a lot of funds, they are ready to take any risk they want so their investments are high and the profits are high. Due to the volatile nature of the cryptocurrency market it is important to approach investing with a well thought out strategy and a solid understanding of the risks involved.
In that case poor people don't have enough money so they are afraid to invest in crypto and take risks. Many people earn money for free in crypto so anyone can change their financial situation with it. Crypto should be legalized in all countries then unemployment will decrease and people will be able to earn a lot of money from home. Also everyone has freedom of money because i can invest my money anywhere so crypto should be legitimized soon.

        -      To make Bitcoin legalized all over the world I think it will not be easy to happen in this era, though, it is possible to happen in the future. Moreover, since then until now, investing really when we allocate correctly is for sure that we will have a profit on the capital we use here.

That is why being wise investors will depend on our hands on how we will conduct screening on the crypto assets that we will choose besides Bitcoin which we know is also proven and tested when it comes to long-term holdings.

I think focusing too much on Bitcoin legalization globally might not be the best thing to expect as each country has its own set of rules to enable new technological advancements, inclusive of crypto. In fact, some countries have gone further to either approve or pass it as an acceptable legal tender. Of course, this will not happen steadily, and not in a year, but the possibility is always present depending on what happens in the world and on the people. In investing we will never be sure to make a profit just because we have placed some of our assets in some particular manner. There are always dangers involved, and people need to understand that while past results, including those of Bitcoin, may not guarantee future ones.

[laijsica]

There is money to be made by investing in crypto so the more funds one can invest the more one will share in the profits. Since the rich people have a lot of funds, they are ready to take any risk they want so their investments are high and the profits are high. Due to the volatile nature of the cryptocurrency market it is important to approach investing with a well thought out strategy and a solid understanding of the risks involved.
In that case poor people don't have enough money so they are afraid to invest in crypto and take risks. Many people earn money for free in crypto so anyone can change their financial situation with it. Crypto should be legalized in all countries then unemployment will decrease and people will be able to earn a lot of money from home. Also everyone has freedom of money because i can invest my money anywhere so crypto should be legitimized soon.

        -      To make Bitcoin legalized all over the world I think it will not be easy to happen in this era, though, it is possible to happen in the future. Moreover, since then until now, investing really when we allocate correctly is for sure that we will have a profit on the capital we use here.

That is why being wise investors will depend on our hands on how we will conduct screening on the crypto assets that we will choose besides Bitcoin which we know is also proven and tested when it comes to long-term holdings.

the possibility of bitcoin becoming a legal currency worldwide is a difficult thing. but it is possible that it will happen in the future. because we will enter the digital age, everything is crypto. although the government will not let it happen, because they have FIAT, but no one can refuse the progress of technology.

Corporate investors worldwide are holding Bitcoin. The US president has announced that America will be Crypto capital upcoming future. He is giving indication of using the possibilities of Bitcoin.The government will not be able to control Bitcoin centrally in this reality. Government of different countries will embrace Bitcoin for inter commerce transactions in the future. Russia has started using Bitcoin for transactions thus reducing dependence on dollars in the future.

[dave_strider]

the possibility of bitcoin becoming a legal currency worldwide is a difficult thing. but it is possible that it will happen in the future. because we will enter the digital age, everything is crypto. although the government will not let it happen, because they have FIAT, but no one can refuse the progress of technology.

And because Bitcoin is.. you know.. not suited to be used for daily, non-big transactions.
It would be used for bigger ones surely, but not as much as the methods that would provide more scalability and lesser fees all the time, even during the network being a bit congested.

[Mia Chloe]

It will be expensive if you buy 1 BTC. But if you buy 0.0001 BTC, it won't be very expensive. It will be quite affordable for anyone. Moreover if we use DCA method, it is the way to collect BTC gradually. So, we can use whatever amount of money we have. We don't need to force ourselves to buy big number of Bitcoin. This DCA method will be very effective to do in the bearish season.

Yes the DCA method is quite effective and I've come across a couple of discussions where people claim to make use of it but the thing is not everyone actually fancies the DCA method. Some persons actually prefer to put all a ton of cash once a while since they may not be consistent if they attempted to constantly buy say every week.
Sometimes another problem will be DCA method is getting a reliable source where you could constantly get those coins from every single time especially for those that like to make use of private methods without KYC.

[rdluffy]

And because Bitcoin is.. you know.. not suited to be used for daily, non-big transactions.
It would be used for bigger ones surely, but not as much as the methods that would provide more scalability and lesser fees all the time, even during the network being a bit congested.

Lightining Network works well for small Bitcoin payments
If people do adopt Bitcoin in their daily lives, a wallet with LN installed in you smartphone can simply open the app, scan the payment code and make the transaction instantly
It works well, but there's not enough adoption yet
If there is a lot of demand, I'm sure that LN works well and that they can improve it even more

[arabspaceship123]

LN isn't used as much as regular payments so it hasn't made a difference to ppl sending & receiving bitcoin. Without development LN won't have wide adoption.

[Bobcrypto]

I think with time the lightning Networks will improve especially with an increasing Bitcoin awareness and adoptions overtimes.
Again, when there are several promotions and marketing of LN, it will definitely enhance its uses, and as time progresses LN will see massive adoption in my opinion.

[philipma1957]

It will be expensive if you buy 1 BTC. But if you buy 0.0001 BTC, it won't be very expensive. It will be quite affordable for anyone. Moreover if we use DCA method, it is the way to collect BTC gradually. So, we can use whatever amount of money we have. We don't need to force ourselves to buy big number of Bitcoin. This DCA method will be very effective to do in the bearish season.

Yes the DCA method is quite effective and I've come across a couple of discussions where people claim to make use of it but the thing is not everyone actually fancies the DCA method. Some persons actually prefer to put all a ton of cash once a while since they may not be consistent if they attempted to constantly buy say every week.
Sometimes another problem will be DCA method is getting a reliable source where you could constantly get those coins from every single time especially for those that like to make use of private methods without KYC.

I have my methods of stacking .  But a lot depends on your age. If you are 68 with diabetes and no kids. Dca and hodl for 10 years is simply not attractive to me as that's what I am 68 with diabetes.

If you are under 40 and can simply earn on a signature campaign and hodl all those little payments in 10 years time it is virtually certain you will have serious coin and not be really old .

[0t3p0t]

And because Bitcoin is.. you know.. not suited to be used for daily, non-big transactions.
It would be used for bigger ones surely, but not as much as the methods that would provide more scalability and lesser fees all the time, even during the network being a bit congested.

I agree but for me things have changed and I consider Bitcoin as and investment rather than a payment because of the fact that the potential of Bitcoin is high so if you use it to pay for something you'll probably miss making long term profit. Bitcoin can be truly used as payment but personally prefer to save it if by any chance I got a stable income I will literally save Bitcoins but for now it's not an option for me.

[arabspaceship123]

LN isn't getting attention so we don't know if it's going to be used by more ppl if they aren't comfortable using it.

I think with time the lightning Networks will improve especially with an increasing Bitcoin awareness and adoptions overtimes.
Again, when there are several promotions and marketing of LN, it will definitely enhance its uses, and as time progresses LN will see massive adoption in my opinion.

[Bobcrypto]

And because Bitcoin is.. you know.. not suited to be used for daily, non-big transactions.
It would be used for bigger ones surely, but not as much as the methods that would provide more scalability and lesser fees all the time, even during the network being a bit congested.

I agree but for me things have changed and I consider Bitcoin as and investment rather than a payment because of the fact that the potential of Bitcoin is high so if you use it to pay for something you'll probably miss making long term profit. Bitcoin can be truly used as payment but personally prefer to save it if by any chance I got a stable income I will literally save Bitcoins but for now it's not an option for me.

I have similar opinion, I sees bitcoin as investments asset class than to be used for payments for goods and services. However, the profit or returns from a Bitcoin investments can be used for online payments in my opinion.
Since the crypto market is volatile, many people take advantage of this factor to make short term gains, but on long term basis, Bitcoin has the potential to exceed expectations and can create new price levels overtimes.

[Rubel007]

And because Bitcoin is.. you know.. not suited to be used for daily, non-big transactions.
It would be used for bigger ones surely, but not as much as the methods that would provide more scalability and lesser fees all the time, even during the network being a bit congested.

I agree but for me things have changed and I consider Bitcoin as and investment rather than a payment because of the fact that the potential of Bitcoin is high so if you use it to pay for something you'll probably miss making long term profit. Bitcoin can be truly used as payment but personally prefer to save it if by any chance I got a stable income I will literally save Bitcoins but for now it's not an option for me.

I have similar opinion, I sees bitcoin as investments asset class than to be used for payments for goods and services. However, the profit or returns from a Bitcoin investments can be used for online payments in my opinion.
Since the crypto market is volatile, many people take advantage of this factor to make short term gains, but on long term basis, Bitcoin has the potential to exceed expectations and can create new price levels overtimes.

Although people's attention to Bitcoin has increased in recent times, Bitcoin still does not have any legal validity in most countries. Moreover, most of the governments are not supporting Bitcoin, so if I want to use Bitcoin as a means of payment, I will not have much opportunity to profit, but if I try to consider it as a store of value and hold it for the long term, then I will definitely be able to profit in the long term.

[JISAN]

Although people's attention to Bitcoin has increased in recent times, Bitcoin still does not have any legal validity in most countries. Moreover, most of the governments are not supporting Bitcoin, so if I want to use Bitcoin as a means of payment, I will not have much opportunity to profit, but if I try to consider it as a store of value and hold it for the long term, then I will definitely be able to profit in the long term.

Although Bitcoin is still illegal in many countries, slowly all countries are starting to think about Bitcoin, maybe they haven't officially announced it, but now there is a large amount of Bitcoin usage, investment, holding all over the world.  So no country or individual should have any disagreement with Bitcoin now.  Donald Trump even as a US President is supporting Bitcoin and is thinking of making America a Bitcoin city.  So in just a few years no country will speak out against Bitcoin.  It is expected that all countries will legalize Bitcoin.