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Topic: 2020-2021 best year if You Want to become rich no skills needed - page 3. (Read 1426 times)

legendary
Activity: 2100
Merit: 1058
I would say I have been involved with crypto for a long time now, been too many years, and I have never seen any year where you can be profiting this many methods in crypto before. I agree that you do not need many skills, you need some capital to work with and as long as you have that type of capital you could definitely try to find one of many ways you could make a profit from as well.

I imagine making profit many ways would be a great way to not put all your eggs in one basket which is a great advice for many investors, so you could have like 10 different methods of making money in crypto at the same time and it could be very profitable for you in the long run. Obviously you still have to be more careful but we are waaaay beyond the "buy and hodl" period of crypto.
member
Activity: 1120
Merit: 68
Taking loans to invest in bitcoin is a bad idea because there is no guarantee you will get a profit in bitcoin when you start to invest your money in it. Taking loans will only make you suffer from huge debts if you don't get profits in your investment, especially when bitcoin suddenly goes down; that is why it's much better if you try to invest your money in bitcoin.
hero member
Activity: 2940
Merit: 715
I wouldn't advice anyone to take a loan to invest in crypto currency. It's like borrowing money to gamble.
Cypto profits may come in few days or years, it's unpredictable, but a loan starts with a timeline to be repaid. If the person isn't able to make his investment worth by the loan timeline it's game over, as the bank interest will start accumulating frighteningly. It's a very unresponsible decision to do so.
Loan is not a solution it will be better to do online jobs and use that amount for trading. Loan will have addition interest while if we know how to trade and have other skills to offer crypto services then it's better to start with that.

Some people can take that risk man, of course that's a huge gamble but if you are lucky enough you can still make a decent profit and you'll be able to pay the loan on time. We don't know what every trader or investors are thinking, if it's in my case, if I can borrow like $5000 and payable in 1 year, I would not hesitate to borrow it, but I would only invest if the market is bearish, not the current situation though.
hero member
Activity: 1008
Merit: 540
I wouldn't advice anyone to take a loan to invest in crypto currency. It's like borrowing money to gamble.
Cypto profits may come in few days or years, it's unpredictable, but a loan starts with a timeline to be repaid. If the person isn't able to make his investment worth by the loan timeline it's game over, as the bank interest will start accumulating frighteningly. It's a very unresponsible decision to do so.
Loan is not a solution it will be better to do online jobs and use that amount for trading. Loan will have addition interest while if we know how to trade and have other skills to offer crypto services then it's better to start with that.
it is true it is not advisable to get a loan and then gamble it into trading or any kind of crypto currencies without any knowledge on what you are doing , yet you still need kind of knowledge to do some stuff when your about to risk your money it is not about the profit it is all about knowledge and learning because if you lose you don't know what to do next, Then you cannot pay your loan until you will be grave in debt and if that's happen it really hard for you to be on top again.
hero member
Activity: 1484
Merit: 597
Bitcoin makes the world go 🔃
I wouldn't advice anyone to take a loan to invest in crypto currency. It's like borrowing money to gamble.
Cypto profits may come in few days or years, it's unpredictable, but a loan starts with a timeline to be repaid. If the person isn't able to make his investment worth by the loan timeline it's game over, as the bank interest will start accumulating frighteningly. It's a very unresponsible decision to do so.
Loan is not a solution it will be better to do online jobs and use that amount for trading. Loan will have addition interest while if we know how to trade and have other skills to offer crypto services then it's better to start with that.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
I wouldn't advice anyone to take a loan to invest in crypto currency. It's like borrowing money to gamble.
Cypto profits may come in few days or years, it's unpredictable, but a loan starts with a timeline to be repaid. If the person isn't able to make his investment worth by the loan timeline it's game over, as the bank interest will start accumulating frighteningly. It's a very unresponsible decision to do so.
hero member
Activity: 2968
Merit: 640
So, this post was made in August when the price was still on its way up so imagine people who saw this but neglected it because they were scared to invest money in Bitcoin? They will all be regretting that they never took the advice to invest. Some of them will still be confused till now as whether to invest or not, and as they are there the price keeps on increasing.

I know it will be difficult at this time because the price is high and the fall back recently from $19,000 to $16,000 will scare the hell out a lot of people. The price has started a move upwards again, maybe we might be hitting new price this year.
hero member
Activity: 3038
Merit: 634
To hodle btc You Don't need be genius!!

To Buy Low cap coin and make 1 year 100x-1000x.

That's all don't really take much of education or to be genius!!
You are right that it requires not to be a genius for someone to buy bitcoin, hold it and then sell it at profit. But the second choice isn't a wise thing to do, IMHO. Instead of buying those low cap coins and wishes it to have 100x, invest it in bitcoin.

Hoping that you'll get 100x with a low cap coin you bought isn't bad but, you have a lower chance to see it. Bull comes to bitcoin and then it will do the same for altcoins but without a guarantee that the coin of your choice will be affected.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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 idea is precisely what lead to bubbles, people see the market going up constantly and they think they want to get some of that money for themselves thinking it will be very easy, but smart investors know this is precisely what those people are going to think and as  soon as those people come to the market then they sell their coins, crash the price and those people are now left with the difficult decision of keep holding their coins or sell immediately for a loss, and since they do not have any training and knowledge about the markets for the most part they take the wrong choice and lose most of their money to the markets, then they begin to complain that it was a scam when it was their own ignorance that caused them to lose so much money.
member
Activity: 322
Merit: 14
To hodle btc You Don't need be genius!!

To Buy Low cap coin and make 1 year 100x-1000x.

That's all don't really take much of education or to be genius!!

What it takes is this :

Open mindset for new and unknown things.
Fearless action,

Its not just crypto its also the stock markets.
We had Spring pandemic, many even rookies made a lot profit out of this situation!!

So the 2020 to 2021 even until 2022 are the best year If you have little education little brain and maybe little capital to make your fortune.

Don't forget guys that the golden 90s was exacly same that those who took the action was reaping the highest rewards years later.

Was they all genius and smart and educated?
Not at all just they did not stand by and complaining they took the all the possible Opportunity

Every crisis will create more billionaires then Ever
legendary
Activity: 1596
Merit: 1034
Please do not take loans and invest into Crypto, this bull rn cans stop or pop anytime, we saw what happens in 2018. If you don't have any skill get a job, I believe there are jobs you can still get and will train you on how to go about things, the risk of investing into Crypto is high enough not to talk or taken loans to invest into it. You can see things you have and invest into Bitcoin that is your property but taking loan should be discouraged

Taking a bank loan to invest in crypto is reckless without planning.  It would be like an act of luck testing without hedging being performed.  If you put eggs in one container, it will be a boomerang for you.  You are legitimate if borrowing money for more productive activities is not just an act of trial and error.  The crypto market still carries a very high risk, right now it is in hype, but if one hit collapses then you also ruin your real life.
Goodluck if you do this .
50/50 chance actually, especially if you patient enough , taking loan is not really bad idea at all.
You need to have a plan , multiple plan indeed not a single plan that could make you in bankruptcy .
I mean you should never cash the profit out if the whole fund is not sufficient to cover the interest, wait until it is completely cover it all.
If you dont take any risk during this pandemic which yes become an opportunity to make money through crypto investment , you will not find the time like this anymore in the future.
member
Activity: 686
Merit: 26
★777Coin.com★ Fun BTC Casino!
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


I don't think it's good for investing, especially in crypto using borrowed money, because the risk is too high. However, if you are lucky you can get a big profit.

Btw I agree that this is a pretty good time to invest in crypto.

In bitcoin which is very much unstable borrowing can be highly risky as in last few days how it has been moving so nothing predictable and still do not know which ways it can go from here. It’s like a chance you take and if lucky you make money else you end up losing big and with borrowed you also pay interest along with losses you may incur so that is bad move too.
copper member
Activity: 493
Merit: 170
BountyMarketCap
Not only this period is good for making money, at all times something happened that led to a sharp rise or fall in the price of any asset. The only thing that is difficult to disagree with is the fact that due to the problems of this year, the demand for Internet services for the provision of any services has greatly increased, as well as Internet assets, namely cryptocurrencies, which has led to an increase in their prices.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
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



You still need skills, skills on how to invest and on how to look for the right coin to invest and when is the right time to buy and the right to sell, so many investors lose their money thinking that they can just buy and forget everything.
Even those HODLERS have a skill on how to pick the right coin and when to buy and sell it, you also need the right knowledge on how to protect your assets from hackers and scammers.
full member
Activity: 1093
Merit: 103
I believe that the whole of 2020 will be successful for every bitcoin holder, especially considering the prices in April at $ 6,500, and today the price of Bitcoin has climbed to $ 19,290. In addition, I believe that these are not the maximum results of 2020, as the growth will continue. And the new peak of the bitcoin rate will be in 2021.
hero member
Activity: 1428
Merit: 574
Please do not take loans and invest into Crypto, this bull rn cans stop or pop anytime, we saw what happens in 2018. If you don't have any skill get a job, I believe there are jobs you can still get and will train you on how to go about things, the risk of investing into Crypto is high enough not to talk or taken loans to invest into it. You can see things you have and invest into Bitcoin that is your property but taking loan should be discouraged

Taking a bank loan to invest in crypto is reckless without planning.  It would be like an act of luck testing without hedging being performed.  If you put eggs in one container, it will be a boomerang for you.  You are legitimate if borrowing money for more productive activities is not just an act of trial and error.  The crypto market still carries a very high risk, right now it is in hype, but if one hit collapses then you also ruin your real life.
full member
Activity: 546
Merit: 148
every time someone wants to invest, all forms of risk must be ready to accept because I think the price of gold requires a high level of patience, especially if they have to bear the capital they use of the loan,It really scares someone when things don't go according to expectations.

Ip has also failed to address that one need knowledge to invest, you can't just throw your money on something you know nothing about, hence acquiring such knowledge and utilizing them to acquire profits is a skill.
There are instances people invest and add basic trading to earn, it's also a skill which is unique to every individual. Including fundamental analytical strategies in cryptocurrency is also important, you can't don without these basic knowledge and understanding.
Seeing how market is moving with speed approaching a new all time high is fundamental, once you are not well informed, one would have sold Btc @ $10k.
In conclusion, there is skill in every industry and its very important.
sr. member
Activity: 2436
Merit: 455
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



I think it is indeed a great time for people to earn from crypto because it is now on its peak value season. However, you might want to slow down in taking loans as it could cause you trouble in the future. You can take a loan, but be mindful on where to spend and invest it. There are good and bad loans. Be sure to invest on something that could gain you profit by the time being and in the future. As much as possible, avoid investing on dead investments (would not generate money) so that you can make the best of your loan.

You don’t have to be talented and such to generate big income, but I personally believe that you should possess the skills needed to be able to get rich. In contrary from what you’ve stated, skills are very much needed and important to handle finances and investments. You need to have a good computer and technological skills to determine frauds and scams. In addition, you need these skills to secure your wallet and investments. You need to have enough knowledge on what you’re planning to invest on as well. You need to know the background, fundamentals and how it works. We don’t want to lose everything in a blink of an eye, do we?
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
Please do not take loans and invest into Crypto, this bull rn cans stop or pop anytime, we saw what happens in 2018. If you don't have any skill get a job, I believe there are jobs you can still get and will train you on how to go about things, the risk of investing into Crypto is high enough not to talk or taken loans to invest into it. You can see things you have and invest into Bitcoin that is your property but taking loan should be discouraged
legendary
Activity: 3066
Merit: 1129
I think about it, dude wrote this on August 8th and he wasn't even writing for any purposeful reason, dude just spams this website (thank God he is gone now I think or banned) and that means dude was just writing for writing sake and getting more and more posts under his belt.

However even with that half-assed topic, dude managed to make something very clear, there is no wrong time to invest into bitcoin. Ever since this topic was created bitcoin made a 2x return for people. Think about it, 2x return in 3-4 months? That is not something you can easily make and usually doubling your investment is something marvelous and something very rare for your entire life let alone for just 4 months. I have never seen or heard any investment that made double profit to anyone in 4 months outside of crypto.
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