Buy Crypto Or Have Fun Staying Poor! - page 2.

Maestro75

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Quote from: maju69 on January 16, 2022, 11:40:03 PM

Buy crypto or have fun staying poor? I will answer Buy crypto then have fun.
Those of us who have been in the crypto world for a long time will definitely choose to buy crypto. But not with beginners, it will be a long journey for them to decide whether they invest in crypto or not. They certainly wouldn't be so quick to decide, unless they had a lot of courage.

For you to have eventually made up your mind and got into cryptos, that is the same way those you called beginners will also get to turn around and get into it at a point. Everyone has their own timing and pick. Cryptocurrency is not about who got in first that will be the first to hit the goldmine. Luck comes into play, we must not forget that.

molsewid

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Quote from: Rufsilf on February 04, 2022, 08:37:15 AM

Exactly! Investing is always the best thing to do no matter what era we're in, either it's a stock, real estate or crypto, either we're in a verge of economic crisis or not. But don't get it wrong, other than investing, you should still have a main source of income or a main job while you're into investing and making a passive income. Cryptocurrency, especially bitcoin gives us an option to avoid inflation especially these days that we're on economic crisis.

Having an investment is one of the great move of a person to take himself up to the kind of life he/she wanted or dreaming to have for. This is the smartest way to say you're really looking into a wealth progress. Either it is a stocks, a real state, or most especially cryptocurrencies is definitely a good one. However, as we all know these are all comes with a risk that we should know to ourselves what level of risks do we afford to take, let's always mind about the risks.

Viscore

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Quote from: gantez on February 01, 2022, 07:27:17 AM

Quote from: Marykeller on January 30, 2022, 06:10:57 PM

I have come up with a simple understanding that in this life, money kept in the bank will not yield profit for you rather it will make you poor cos you keep withdrawing it to solve your daily needs.
Money invested in legit firms will make you rich but if you desire to be wealthy in life, invest in crypto.
The choice is yours to choose

Investment is the best way to wealth and not saving. Saving don't multiply our money but keep dropping it because there are many bank charges that come on it. But investment in crypto is not all of it that will increase to profit in the short time, crypto like bitcoin and high volume coins in CMC.

You have the point. But i think we can do both,saving while investing..We all know that saving money is the first step to build wealth, but it is pointless if you dont allowed it to grow.So in order for you to increase your money ,put it into crypto investment.In this way,it helps you to achieved your goals and build a better future..
Yes, Investing in cryptocurrency is the wisest thing to do,but we also need to understand how it works and know the risk. Thats why it is important for us to do some research first and know the basic strategy before taking any action.

jaberwock

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Quote from: timerland on February 03, 2022, 11:30:14 PM

I think that it's a bit of an overstatement.

You can definitely still get rich without any crypto investments - and in fact I'd argue that if your main job is investing in crypto you are likely not to see a lot of wealth come your way.

Establish your skillset and your niche. Don't chase high returns just because crypto is hot right now, but definitely put money into crypto as a store of value. That's for sure.

Not really but the op is just spitting facts there and that is true that fully depending on fiat is not good for you or to the economy of your country. Thank God, bitcoin and cryptos are created and we can use them to save us but you still got some point there that it is still possible to get rich without investing in cryptos because there are no cryptos before right?

And people still managed to get wealthy but I believe it takes them lots of time and they need to produce an extra hard work to achieve that. I am not saying that cryptos are easy money no, it is still require a research and some hard work but not that much compare to the old natural way.

Rufsilf

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Quote from: jhonjhon on February 04, 2022, 02:48:56 AM

Quote from: Natalim on January 19, 2022, 07:17:18 PM

Quote from: boyptc on January 19, 2022, 06:41:04 PM

Honestly, it's encouraging me when I see myself holding a pile of cash. But that won't go anywhere because I have to spend them for the bills and other expenses and needs.

that can be the same investing cryptocurrency and the tendency is you will sell them and spend.

Quote

There are other ways for the others to thrive and it's not just all about cryptocurrencies. They can hedge against inflation through other investments.

The important matter on this, they're doing something to counter the inflation that's always coming, yearly! To us, it's easy to do that since we're all investors of bitcoin and other crypto assets.

I invest in crypto, not for the reason that I would like to become rich but what I'm thinking is that I'd secure my future and my family.

Yes thats what I've thinking too.It is not about being rich. As long as you can provide your family needs and being secure in the future is much more than enough being rich.
Investing in these economic crisis is the best thing to do. Investing in crypto is how you take charge of your financial security. It allows you to grow your wealth but also generate an additional income.

Exactly! Investing is always the best thing to do no matter what era we're in, either it's a stock, real estate or crypto, either we're in a verge of economic crisis or not. But don't get it wrong, other than investing, you should still have a main source of income or a main job while you're into investing and making a passive income. Cryptocurrency, especially bitcoin gives us an option to avoid inflation especially these days that we're on economic crisis.

jhonjhon

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Quote from: Natalim on January 19, 2022, 07:17:18 PM

Quote from: boyptc on January 19, 2022, 06:41:04 PM

Honestly, it's encouraging me when I see myself holding a pile of cash. But that won't go anywhere because I have to spend them for the bills and other expenses and needs.

that can be the same investing cryptocurrency and the tendency is you will sell them and spend.

Quote

There are other ways for the others to thrive and it's not just all about cryptocurrencies. They can hedge against inflation through other investments.

The important matter on this, they're doing something to counter the inflation that's always coming, yearly! To us, it's easy to do that since we're all investors of bitcoin and other crypto assets.

I invest in crypto, not for the reason that I would like to become rich but what I'm thinking is that I'd secure my future and my family.

Yes thats what I've thinking too.It is not about being rich. As long as you can provide your family needs and being secure in the future is much more than enough being rich.
Investing in these economic crisis is the best thing to do. Investing in crypto is how you take charge of your financial security. It allows you to grow your wealth but also generate an additional income.

timerland

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Activity: 1526

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I think that it's a bit of an overstatement.

You can definitely still get rich without any crypto investments - and in fact I'd argue that if your main job is investing in crypto you are likely not to see a lot of wealth come your way.

Establish your skillset and your niche. Don't chase high returns just because crypto is hot right now, but definitely put money into crypto as a store of value. That's for sure.

carlfebz2

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DGbet.fun - Crypto Sportsbook

Quote from: DoublerHunter on February 03, 2022, 06:22:15 PM

^ Investing in any type of cryptocurrency carries the danger of not being able to guarantee its legibility, which means it is prone to risk. It is the basic thing that you are aware of the possibilities when taking your first step in entering right to this kind of market. And choosing not to invest in this kind of business does not always mean they choose to have the fun of staying poor. We cannot blame them if they doubt this kind of investment since fraud in cryptos also exist. They are just afraid to invest for nothing.

To the point that not investing doesnt mean that you are poor or staying poor because there are investors which are really that mindful when it comes to risks thats why they would really be that careful

on dealing up with something which is really something new and since its not regulated nor being considered by the government then that one alone would really make out some hindrance

on making such step but for those people who do tend to improve out their living then taking risks is a must thing to be done but be handled out carefully.

DoublerHunter

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^ Investing in any type of cryptocurrency carries the danger of not being able to guarantee its legibility, which means it is prone to risk. It is the basic thing that you are aware of the possibilities when taking your first step in entering right to this kind of market. And choosing not to invest in this kind of business does not always mean they choose to have the fun of staying poor. We cannot blame them if they doubt this kind of investment since fraud in cryptos also exist. They are just afraid to invest for nothing.

hyudien

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Leading Crypto Sports Betting & Casino Platform

Quote from: gantez on February 01, 2022, 07:27:17 AM

Investment is the best way to wealth and not saving. Saving don't multiply our money but keep dropping it because there are many bank charges that come on it. But investment in crypto is not all of it that will increase to profit in the short time, crypto like bitcoin and high volume coins in CMC.

to get rich we have many ways and I think saving is the best way if we really want to minimize losses even though we can't double the money we have but consistently saving can be a pretty good option.
talking about this investment is a risky thing, even though it can multiply the assets we have but on the other hand we also have to see the consequences of losing the money we have.
it would be very naive if we fully believe in investment we can become rich, even though it is when we invest that we will benefit but believing 100 percent is not good

e_abrams

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I think it will take quite a while for cryptos to take the place of the fiat money we all know. At least on a global level, that is. Some countries will adopt it pretty fast - I mean, we've already seen El Salvador do so, but others will likely follow suit too. Some countries, however, will probably lag behind the rest. It will take time for things to even out. That said, I have little doubt crypto popularity will increase in the coming years.

Furious 7

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Quote from: globalpain on February 03, 2022, 01:22:06 AM

What we must realize is that investing in crypto does not mean we will automatically make a quick and rich profit,
Such a mindset must be changed because everything needs a process too,
learn more in various things about crypto I think it will help

Crypto will be profitable if we know how it works and are smart in determining the momentum and determining the path we choose. but on the other hand crypto will also be very detrimental to those who just enter this circle but don't want to learn and just join the hype.
Be wise in responding to something, crypto is one of the bridges to get rich indeed it is not wrong but there needs to be a process to go through and learning that is indeed quite a lot to learn because there is nothing instant to get something

olib123

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Chainjoes.com

Quite right, I also tend to believe that fiat money will simply disappear and there will only be digital money with which it will be possible to carry out financial transactions. So time goes forward and the entire banking system will change with the transition to cryptocurrency. So now we are only on the verge of new discoveries and therefore I think it is necessary to invest in cryptocurrency, as in the future it will bring great profits for all of us. Good luck to everyone and great success in business.

globalpain

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The OGz Club

Quote from: gantez on February 01, 2022, 07:27:17 AM

Quote from: Marykeller on January 30, 2022, 06:10:57 PM

I have come up with a simple understanding that in this life, money kept in the bank will not yield profit for you rather it will make you poor cos you keep withdrawing it to solve your daily needs.
Money invested in legit firms will make you rich but if you desire to be wealthy in life, invest in crypto.
The choice is yours to choose

Investment is the best way to wealth and not saving. Saving don't multiply our money but keep dropping it because there are many bank charges that come on it. But investment in crypto is not all of it that will increase to profit in the short time, crypto like bitcoin and high volume coins in CMC.

What we must realize is that investing in crypto does not mean we will automatically make a quick and rich profit,
Such a mindset must be changed because everything needs a process too,
learn more in various things about crypto I think it will help

paxmao

legendary

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Do not die for Putin

This type of message is just what I would like not to see in this forum because it idiotizes the bitcoin philosophy and makes little to really explain the reasons and the underlying technology, the community and the people that use bitcoin. It also encourages people to think that crypto will make them rich just because that has been the case for some people at certain moments in the past.

Crypto is about understanding, even if you decide to simply hodl and do nothing in years.

uchegod-21

hero member

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BTC, a coin of today and tomorrow.

Op just told one side of the beautiful story and did not consider the other parts in his post. We all know that fiat is good is loosing value over the time but you will not find recently any fiat that is not in use again because it has lost value to zero.
But in cryptocurrency, many coins or tokens die forever and people monies will be wasted. Your post would have been all fine assuming you said buy bitcoin

Lanatsa

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Quote from: MyIdeas on February 01, 2022, 06:56:52 PM

Quote from: jhonjhon on February 01, 2022, 06:36:23 AM

Quote from: Reid on January 16, 2022, 02:36:24 PM

What about the risk factor? You cannot please everyone and not just anyone have the courage to buy cryptocurrencies or Bitcoin. Traditional thing is to save money in the bank, in fiat. That is the safest up until now even though there is no increase with whatever you save. Banks trust rating is still higher than anything even a piggy bank.
Not against it but lets just list the facts first in this pandemic. Having fast cash when you need it is the one being supported and not cryptocurrencies where you have to go with a lot of steps before taking it out as a means of purchasing.

Well, actually theres nothing wrong of saving money in the bank and buying crypto for investment. They are absolutely both good in their own ways. And it really depends of what you prefer for.If you wish to save your mone safely then save it in the bank.But if you want to grow your saving and make more money, then go for cryptocurrency.Investing in crypto is risky,but it doesnt mean its a bad investment.
Investing in cryptocurrency like bitcoin is the investment anyone can do this day (pandemic) because it has made a lot of people rich.

Yes both of them are good in their own places but if we think then we can say that bitcoin can do both for us like it is investment along with that it work what the bank do is saving. Our money if we want to save for long time can be saved for longer time in bitcoins and if we say the long then we all know that in the long term the price reaches to a new high price.

Savings+Investment in short which BItcoin could really give out but to mind off about the risks then there are people who do really tend to play safe and would choose bank no matter what when it comes to the security of their funds without realizing about those inflation issues or problems but since this isn't something that normally happens then they wouldn't really care at all.
Its up to someone whether we do engage on investment to have a better future specially when you do make profits but always consider that this market doesn't automatically means
that you would make money on easy basis.

MyIdeas

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Quote from: jhonjhon on February 01, 2022, 06:36:23 AM

Quote from: Reid on January 16, 2022, 02:36:24 PM

What about the risk factor? You cannot please everyone and not just anyone have the courage to buy cryptocurrencies or Bitcoin. Traditional thing is to save money in the bank, in fiat. That is the safest up until now even though there is no increase with whatever you save. Banks trust rating is still higher than anything even a piggy bank.
Not against it but lets just list the facts first in this pandemic. Having fast cash when you need it is the one being supported and not cryptocurrencies where you have to go with a lot of steps before taking it out as a means of purchasing.

Well, actually theres nothing wrong of saving money in the bank and buying crypto for investment. They are absolutely both good in their own ways. And it really depends of what you prefer for.If you wish to save your mone safely then save it in the bank.But if you want to grow your saving and make more money, then go for cryptocurrency.Investing in crypto is risky,but it doesnt mean its a bad investment.
Investing in cryptocurrency like bitcoin is the investment anyone can do this day (pandemic) because it has made a lot of people rich.

Yes both of them are good in their own places but if we think then we can say that bitcoin can do both for us like it is investment along with that it work what the bank do is saving. Our money if we want to save for long time can be saved for longer time in bitcoins and if we say the long then we all know that in the long term the price reaches to a new high price.

gantez

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Quote from: Marykeller on January 30, 2022, 06:10:57 PM

I have come up with a simple understanding that in this life, money kept in the bank will not yield profit for you rather it will make you poor cos you keep withdrawing it to solve your daily needs.
Money invested in legit firms will make you rich but if you desire to be wealthy in life, invest in crypto.
The choice is yours to choose

Investment is the best way to wealth and not saving. Saving don't multiply our money but keep dropping it because there are many bank charges that come on it. But investment in crypto is not all of it that will increase to profit in the short time, crypto like bitcoin and high volume coins in CMC.

jhonjhon

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Activity: 1316

Merit: 126

Quote from: Reid on January 16, 2022, 02:36:24 PM

What about the risk factor? You cannot please everyone and not just anyone have the courage to buy cryptocurrencies or Bitcoin. Traditional thing is to save money in the bank, in fiat. That is the safest up until now even though there is no increase with whatever you save. Banks trust rating is still higher than anything even a piggy bank.
Not against it but lets just list the facts first in this pandemic. Having fast cash when you need it is the one being supported and not cryptocurrencies where you have to go with a lot of steps before taking it out as a means of purchasing.

Well, actually theres nothing wrong of saving money in the bank and buying crypto for investment. They are absolutely both good in their own ways. And it really depends of what you prefer for.If you wish to save your mone safely then save it in the bank.But if you want to grow your saving and make more money, then go for cryptocurrency.Investing in crypto is risky,but it doesnt mean its a bad investment.
Investing in cryptocurrency like bitcoin is the investment anyone can do this day (pandemic) because it has made a lot of people rich.

Topic: Buy Crypto Or Have Fun Staying Poor! - page 2. (Read 1224 times)