cseverance
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Why The Average Person Should Trade In Bitcoin

Sat Feb 18, 2017 3:47 am

I am a 51-year-old entrepreneur business owner that is also a prepper. This post is designed to help the average person that knows nothing about Bitcoin to learn enough to make an informed decision as to why they should trade in Bitcoin at all.

In order for someone like myself of average college education, average technical computer and internet skills, and below average investing skills I was a huge skeptic of Bitcoin or any other Cryptocurrency. To many people of my generation that have chosen to bury their head in the sand, they have no idea of the state of our country (in this case I am referring to Americans though I realize this is a global audience I can only speak for my country) or economy. By the time you get to my age you have either "made it" and will be able to retire comfortably in 15 years or you have not made it and will be working until you die. For those that have " made it", they are for the most part a solid representation of corporate American working a 9-5 for the last 30+ years and have been stuffing fiat currency into a globalist bank hoping that the economy does not melt down before he gets his turn to retire. In this scenario those people are pretty conservative and risk at this point in their life is not an option so Bitcoin is just a fancy word for GEEK money. They do not see it as real, tangible or of any value other than as a scam in which to loose their fiat currency.

Then there is another group of Americans that have been beaten down by the long arm of the US financial policies enough times to recognize monetary control when they see it. This group of people seems to ignore that they are 50+ years old and do not see the pot of gold at the end of the rainbow but do see a dark cloud and blackness behind it. These are the people that have carved their own path to success which usually includes starting and running a small business that may or may lot leads to a large business. These people recognize hard work, long hours, huge risk, and huge rewards. These are also the preppers that can see that the financial system of this country does not have our best interest in mind. It does not cater to the entrepreneur, the guy, and gal that believe that they are their own destiny and are the only ones that can make it or break it. With this group, Bitcoin is a path less traveled and yet there seems to be something shimmering at the end of the path. Can't quite tell yet if that is, in fact, gold coins, but is definitely not a black cloud raining down shit on those that chose that path. It seems to be bright, maybe even exciting even though it is not clear why. For this group, it seems like an obvious choice of paths to continue down for self-preservation.

Bitcoin is new (even it is has been online since 2008), because new is a relevant term. For me personally, I have known about Bitcoin for about two years and only took it seriously for the last 18 months and only started investing in it within the last 2 months. Bitcoin and other crypto currencies have a lot going for them and if you need to know more about the origins of Bitcoin there is endless sources and is not the goal of this post to educate you on the basics. I am hoping to help you recognize a similar mindset from an average person that has made the leap into the Bitcoin gold pot for your own financial security, If you need a few reasons why Bitcoin should be on your list of investments I will only give you the ones that should give you the most motivation to go out and buy some.
1. It is completely free from US government control and the Fed cannot create a new batch of Bitcoin when they think the value is becoming more attractive to others.
2. Encrypted transactions that give users more security over traditional digital transactions such as credit cards or debit cards. Privacy is built into the sytem not built out of it.
3. The value of Bitcoin has no end in site. At the time I wrote this post the price at the top of this Bitcoin.com Forum is $1055.53 per Bitcoin. When I started buying Bitcoin two months ago the price was $943.00 per Bitcoin. Huge move in value in two months.

So, for any of you middle aged, self made, succcess oriented men and women for all around the world, you really need to start up an account with your favorite exchange ( Here is a list for your convenience - https://99bitcoins.com/best-bitcoin-exc ... on-review/ ) and dive in to the golden pond of Bitcoin and take control of your financial future by trusting in your instinct and not fiat currencies any longer. Good luck and best wishes.

www.indylimotransport.com
We accept bitcoin for limousine services.

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patrick.miller
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Re: Why The Average Person Should Trade In Bitcoin

Tue Feb 21, 2017 8:35 pm

It's good to develop your understanding of Bitcoin, and write about it. I've been following it for about 5 years and made my first transaction about 4 years ago. Just remember that most people can't grasp Bitcoin, or why it is a solution for many problems. I don't try to convince anyone to buy it or use it. I only explain from *my* perspective why *I* like it. My own travels around the world through first, second, and third world countries, gave me first hand glimpses into failed states and failed policies that had disenfranchised most of the population -- all of it occurring through violence financed by fiat banking systems.

Also, I don't recommend anyone trade cryptocurrencies. It's highly risky trading for profit, and it's highly risky even keeping funds on an exchange.

If anyone ever asks, I recommend hardware wallets. I like the KeepKey myself but the Trezor or Ledger series are just as good.

Remember... the BIGGEST problem with Bitcoin is that you have to be smart enough to hold your private keys securely. Most people don't know how to do this safely, and to date, this is one of the biggest hurdles. Most people aren't willing or able to secure their private keys and thus they should NOT be using Bitcoin.

Jonas Schnelli discusses this issue with key security in this recent interview: https://soundcloud.com/bitcoincore/inte ... s-schnelli

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