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Topic: 2020-2021 best year if You Want to become rich no skills needed (Read 1327 times)

full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy




That's true you really knows things bro

You have brought this thread back from 3-4 years ago and people might think it’s irrelevant now but OP was actually correct lol. During the pandemic, I feel like a lot of people really got creative because they had to think of innovative ways to earn money despite the lack of capital.

Now in year 2024 many are reaping the rewards of their hardwork from that year.
newbie
Activity: 70
Merit: 0
From my point of view, it is better to sell what we have to invest in crypto to try what we do to make a lot of money with the knowledge we have and must have the basic skills to enter that stage rather than borrowing because it is very annoying and makes it a burden on the mind.

member
Activity: 336
Merit: 10
Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy




That's true you really knows things bro
sr. member
Activity: 1652
Merit: 298
I almost ignored this thread, few months ago after I read my OP post I planned to borrow money from some of my friends and I got it. maybe I got lucky because I invested at the right time and even though I'm not rich now but at least I get a pretty big profit
member
Activity: 574
Merit: 18
Making Smart Money Work
Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy


The month of August 2020 was still a very good time to invest in crypto since that's the time you created this topic, not bad at all, the whole idea of making good profits from crypto investments is to always buy low and sell high but advising people to take loan is a wrong advice, newbies are here and believe me they have no idea what they are going into, they can't even manage risks themselves, why can't you show them how to make risks if they take loan? That will be better don't you think?
member
Activity: 512
Merit: 10
BountyMarketCap
Maybe in crypto-world it is possible in 2020-2021 but in other profession it's became much tough. Because of this pandemic people die and lose their jobs. People suffering from the most hard time of life by economically,health, professionally. Only those who work online-based progress more than the normal time. I think this time is easy to become wealthy in just online related work but every work need skill, experience, patience and knowledge.
hero member
Activity: 2884
Merit: 620
How good are you at managing risks? You can't just advice people to go and take loan for crypto when there are thousands of bad projects that will probably exit scam on investors are every where, bad advice mate, it's better to teach people how to manage risks than telling them to go for loan, we have newbies among us
Whether he's good in managing risks, we can't be good as him and other investors who can handle the much pressure in investments such as a volatile asset as bitcoin. It's really a bad advise to tell people to take loans for investing in bitcoin or any crypto that they'd desire to have.

And he said it earlier this year and whoever did it, got into a perfect time. But that's not an exception because taking loans for this volatile investment have made a lot of investors, new and not, got into a bad decision and they've suffer after they've bought at the peak of bitcoin. The advise of buying bitcoin and other traditional assets is fine, successful investors have skills, investing is a skill that you can benefit from.
sr. member
Activity: 2618
Merit: 439
Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy


great catch there mate your post is exactly what the market brings 3 months from this,

though you have not specify even a single coin yet absorbing to follow.

Doing nothing just Waiting can give them 30-50%  perfect money.
hero member
Activity: 1218
Merit: 683
Tontogether | Save Smart & Win Big
Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy


How good are you at managing risks? You can't just advice people to go and take loan for crypto when there are thousands of bad projects that will probably exit scam on investors are every where, bad advice mate, it's better to teach people how to manage risks than telling them to go for loan, we have newbies among us
everyone can give any advice they want. his advise of taking loan is bad and it doesn't work either. it's not easy to take just loan from someone or somewhere. you must have a good collateral or guarantee to take loan. his other suggestion of investing in crypto is good. I kinda agree with him. 2021 is really year of mass adoption. if someone really want to join Cryptocurrency train then this would probably be the last chance of getting into it when it's still not that much higher. otherwise then no one can join or if they can then they would cost a lot more then this.
full member
Activity: 1946
Merit: 112
Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue


When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy



On the one hand, you are right, indeed 2020 and 2021 are a good time to make money, especially in the crypto industry, but as for skills, they are needed here. People without skills can easily make mistakes and waste funds. I'm not saying that you need to be a professional, no, but at least everyone should have a common understanding. Personally, I have been in the crypto industry since 2017 and have been constantly improving my skills, which gives me the opportunity to make a profit.
member
Activity: 574
Merit: 24
Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy


How good are you at managing risks? You can't just advice people to go and take loan for crypto when there are thousands of bad projects that will probably exit scam on investors are every where, bad advice mate, it's better to teach people how to manage risks than telling them to go for loan, we have newbies among us
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
In my opinion getting wealthy ought to begin with our considering designs. On the off chance that we need to be wealthy, we ought to begin thinking about how to induce cash to come to us and after that take activity so that cash comes to us. Make these two things a propensity, so that making cash could be a propensity so that it is easy. We have to be realizing that anything we as of now have nowadays can bring in money.  So you'll begin considering approximately how to utilize free wifi and phone credit to urge cash, from blogging, or taking an interest in different staking investment at exchanges.
hero member
Activity: 2072
Merit: 603
I don't like the title itself. Lolz. Apologies but how on this earth one can earn any dime without a skill set. Those people who earn money without skills live low profile life in the real world and I can say that because I have seen such people closely in my local area.

Coming back to your ways of earning money that's taking loan, investing into stocks, share market and coins doesn't feel like safest way to earn money. Investing money taken from loan into market with highest risk is worst idea.  

That's cyclic interest which can create chaos in the long term if not paid step by step.
member
Activity: 182
Merit: 11
I agree with your positive outlook that its the best time to become rich when we invest in Crypto currencies. However, I believe that to become rich requires more skills and knowledge and we cant get it instantly without working so hard. We need a lot of knowledge and skills as well as more effort and patience to get what we are aiming for. And engaging into loans is not a wise idea, its still the best to invest your own personal money to avoid much complications and higher risk whatever happens in your investment.
sr. member
Activity: 2366
Merit: 448
To benefit from crypto investments like bitcoin, it is difficult at all without knowledge and experience. Even though the crypto market is doing well this time,
it doesn’t guarantee that someone will get rich. Especially for beginners who in fact know nothing about crypto. At least beginners should learn to create a trading exchange account and choose which trading exchange is right for trading. In addition, they should also already have a bitcoin wallet, because it is indispensable to store their assets. How to use exchange trading platform applications such as selling, buying, transferring and withdrawing their assets, It’s really complicated for some beginners.
What you mentioned are the main things anyone using bitcoin or other crypto should learn and have, but if he invests by borrowing, I think it is very risky if it doesn't go as expected.
and those who invest on their own must have enough knowledge and understanding to do so in order not to go wrong with what has been decided, and even though the current movement of bitcoin is good it is not a guarantee as bitcoin can easily turn things around suddenly.
it's good that you have to sacrifice whatever you have for capital to invest or invest according to your ability gradually and still have to learn everything well.
sr. member
Activity: 1876
Merit: 318
To benefit from crypto investments like bitcoin, it is difficult at all without knowledge and experience. Even though the crypto market is doing well this time,
it doesn’t guarantee that someone will get rich. Especially for beginners who in fact know nothing about crypto. At least beginners should learn to create a trading exchange account and choose which trading exchange is right for trading. In addition, they should also already have a bitcoin wallet, because it is indispensable to store their assets. How to use exchange trading platform applications such as selling, buying, transferring and withdrawing their assets, It’s really complicated for some beginners.
hero member
Activity: 1904
Merit: 540
Leading Crypto Sports Betting & Casino Platform
Well, depends on your loan situation of course but as long as you are committing a crime, why would you want to wait for this year at all?

If you want to do this, you are going to be a criminal for the rest of your life and will always have to fear and look behind your shoulder and sleep one eye open. Never, NEVER commit a crime you are not ready to face the consequences of.

Sure I can maybe jaywalk, or smoke in a closed space where I shouldn't, those are the type of laws I am willing to risk, at worse I will be punished with a ticket and pay a fine and get away with it, recently a cop checked my car and realized I was missing a fire extinguisher in my car which by law I am required to always have, that was "illegal" to not have it and I paid a fine and got one, limit yourself to these level of stuff, nothing more.
hero member
Activity: 1666
Merit: 753
Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy



This is the worst financial decision that anyone can make - and I'm a long term bitcoin bull.

The fact that you are suggesting taking out a loan means that you're restricting yourself to a particular investment horizon, because there is a maturity to your debt and to keep on holding your position you'd have to continuously pay market interest.

With such a volatile asset class like BTC, this is the worst you can do as a retail investor nearing an ATH.

This has nothing to do with whether or not there is a lot of liquidity in the system either. That liquidity does not lend itself equally to all of the available markets, which means that certain assets have the potential to still underperform significantly in relation to others.

And even supposing they do, it's way easier to lose money in market rallies than you think. Most people, especially trading on margin (which is essentially what you're suggesting to do here), don't have the mental fortitude to hold onto their positions for long enough to enjoy the benefits of a rally.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
If you want to become rich you need skills, and hard work in order for you to achieved it. Taking loans is a very risks steps to do. I don't believe in such thing getting rich without skills and knowledge. This is like you gamble and taking a ladder and regrets later. Gained knowledge first for sure you won't left behind and the more you earned knowledge the more you achieved in life.
Exactly, nothing wrong with gambling if you are doing it for entertainment and you are doing with with a small amount of your capital, but when it comes to investing and trading you cannot have the same attitude, you need to do whatever you can to improve your chances to become successful because if you do not then you can be sure that someone else around the world is doing it while you do not, and while you may beat a trader like that from time to time just by luck, on average that person will beat you more often and will eventually get your money, so it is silly to think we can obtain success without working hard for it.
sr. member
Activity: 1638
Merit: 255
Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue


Yeah, since you made this thread in August until now, the price of bitcoin continues to soar. Perhaps if you had invested from august,
you or anyone else could be rich with the price of bitcoin now reaching $19,160, compared to the month of August which is still $12.xxx.
By taking out a loan by then it might be appropriate. But frankly, this could be risky too, if bitcoin doesn’t go up in price as high as it is today.
Moreover, the capital used is from loans. However, one must have expertise in crypto investing to minimize losses in investing.
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