Topic: Buy Crypto Or Have Fun Staying Poor! - page 4. (Read 1224 times)
I think I will agree with you on this.
let me tell you a little story; 2 days ago I read the status of my Facebook friend who mocked about the current dip market and said that those who are in crypto are dreamers. After I asked him what his job was and did he know what bitcoin was, he replied that he was only a debt collector and had never bought Bitcoin.
from what I have experienced it can be concluded that those who have never bought Bitcoin will forever be in their poverty, their knowledge will always be shallow and the future is uncertain they will experience because from the start they did not have confidence in the potential of Bitcoin.
It's sad to see people who have never invested in crypto, then say something bad about crypto. Such a person will not be a successful person,from what I have experienced it can be concluded that those who have never bought Bitcoin will forever be in their poverty, their knowledge will always be shallow and the future is uncertain they will experience because from the start they did not have confidence in the potential of Bitcoin.
because they think negatively on something that might give them a chance to improve their economy. Therefore, the number of poor people in this
world is more than the rich, because only people who can be open-minded and willing to learn new things will become rich people in the future.
So don't underestimate crypto, let alone to hate crypto. Due to the fact that crypto has made a lot of people rich, but don't get me wrong,
crypto doesn't make people rich instantly. Still, it takes hard work and a fairly long process, so that we can become rich from cryptocurrency.
Just let those negative people do stick out into their principles and mindset and sooner or later they would really be regretting on what they had missed out.This isnt something talks about shitty things online
No one really likes on being poor but you couldnt really enhance yourself if you wouldnt really take risks on making crypto investment and no one really likes on being poor but there are really things in life
which you couldnt really able to bare out.
We really can't make everyone accept crypto, there will always be people who hate crypto. Our job is only to provide education about crypto
according to our knowledge to others, but if it turns out that there are people who continue to think negatively about crypto, that is no longer
our business. Let them regret later, that their guess on crypto is wrong. Sometimes everyone has a different time to be able to realize that
crypto is something positive, that can change their lives for the better. I agree with you, no human wants to be poor, but our wrong mindset
keeps us trapped in poverty. Therefore, successful people always start from how they can have the right principles and mindset.
That's the importance of having an open mind, so that it is easy to accept new things and finally can change our mindset to be right.
You make some pretty big assumptions here and the truth is you don't know for sure. You made the statement "cryptocurrency" will always gain value but that's simply not true. Most cryptocurrencies will fail before long. 98% of them are worthless and have zero future. Now I do believe bitcoin will continue to gain value over the years but there is no guarantee to this. Also for many holding such a volatile asset may not be a good idea, depending on their overall portfolio.
Fiat is not an investment, it is the currency that you spend and it loses its value every single year. Crypto is not like that, it is a currency but at the same time it goes up every single year. You may think that it is not profitable, you may think that there is no guarantee that you will profit, but many people think that it will profit you in the long run.
When viewed in terms of investment and value of both, fiat and crypto have the same nature, namely fluctuating from time to time. You can determine which one is the best and which one provides the commensurate benefits. For people who prefer low-risk investments, they will choose fiat, whereas if you agree with high-risk investments then you will choose crypto investments. It's that simple and I don't think we should bother setting what's best for others, but we should choose which ones are worth our investment.It's just about choice, trust and risk management for every investor. They can choose fiat and they can also choose crypto depending on what they are interested in after considering the risks. But most importantly, these two investors should know how they can make their investments profitable.
Everyone has their own principle when it comes to crypto investment. Most of those who are hesitant don't want to take the risk because, to be honest, there's no guarantee of sure profit on it unless you acquire trading skills or if you're holding a profitable coin. There's nothing wrong with holding both currencies because we couldn't take away fiat despite the existence of crypto. Fiat will always be the first option currency no matter what our social status is.
Fiat is not an investment, it is the currency that you spend and it loses its value every single year. Crypto is not like that, it is a currency but at the same time it goes up every single year. You may think that it is not profitable, you may think that there is no guarantee that you will profit, but many people think that it will profit you in the long run.This is why I end up holding as much as possible and as long as possible, because I trust that it will make me profit in the long run. Doesn't mean that we can't make a profit right away, we may end up buying today and the price could go up tomorrow, but even if that doesn't happen then the long term still looks great if you ask me.
If ever you have enough money as capital, it's better to invest in crypto especially now that market is down. You can buy good coins in a lower price then just hold to have a huge return when bull market come. If you believe in crypto and invest , it might change your life in the future.
If you are a wise investor, investing in crypto brings a lot of risks, but there is maximum profits waiting ahead. However, investing in fiat has always been less risky, but the profits is only supplemental. So which one you prefer? Definitely, investing in crypto is more impressive, it can make you rich, but it can also make you poorer if you end investing in wrong coins.
If ever you have enough money as capital, it's better to invest in crypto especially now that market is down. You can buy good coins in a lower price then just hold to have a huge return when bull market come. If you believe in crypto and invest , it might change your life in the future.
The fact that 80% of all dollars in circulation has been printed the past few months should give anyone, cryptoenthusiast or not, pause about blindly trusting fiat. And I doubt that the long term effect of these policies would just be isolated in the US, it's going to affect us all.
That type of printing in such a short space of time is enough to make another weimar republic out of the whole globe this time because it is the world reserve country.Maybe the bankster would love to see ww3 after all for a big reset.
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.
Certainly too risky for beginners to directly invest in crypto without any preparation and experience,and never ever to try without any preparation because we can easily lose money,
make decisions wisely and stay careful
Everyone has their own principle when it comes to crypto investment. Most of those who are hesitant don't want to take the risk because, to be honest, there's no guarantee of sure profit on it unless you acquire trading skills or if you're holding a profitable coin. There's nothing wrong with holding both currencies because we couldn't take away fiat despite the existence of crypto. Fiat will always be the first option currency no matter what our social status is.
Op, are you saying Bitcoin doesn't lose value like that fait currency you mentioned or what do you really mean. Is good we encourage people to adopt Bitcoin and others but not to tell them that Bitcoin or crypto currency doesn't lose like that of fait currency.
Good people!! Invest now before is too late again is my advice for those who care to lesson.
So far I don’t think that bitcoin is losing value, yes there are times that it does decrease in value, it does that like regular and as a matter of fact that is the condition that we are currently into right now, as the market has plummeted and lost its high value, which means that we are in a bearish trend as of right now.Good people!! Invest now before is too late again is my advice for those who care to lesson.
But, if you should check the value of Bitcoin on a long term, like over ten years and compare it with the value of the fiat currency over ten years you would really understand what the OP is trying to say here, and what he is saying is the truth. Although I am not saying that you should have bitcoin as your primary savings, but try to investment more, and not just in bitcoin, but in anything that can help to save value for you.
Op, are you saying Bitcoin doesn't lose value like that fait currency you mentioned or what do you really mean. Is good we encourage people to adopt Bitcoin and others but not to tell them that Bitcoin or crypto currency doesn't lose like that of fait currency.
Good people!! Invest now before is too late again is my advice for those who care to lesson.
Good people!! Invest now before is too late again is my advice for those who care to lesson.
It is a 50-50 chance, investing in crypto can either make you rich or poor depending on your investment approach, there are people who bought btc for example at the top and sell at the bottom because they have less knowledge about the whole crypto ecosystem, so instead of being rich with their investment they become poor because of bad decision, the same way crypto can make you rich when you play your cards rights, so crypto investment is not a guarantee to be rich.
Not only in crypto the risk of loss can occur, but every investment that exists has its own risks, so to avoid the risk of loss of course we must have basic knowledge in terms of crypto investment, I think many forum members here have suggested doing research before invest to avoid losses, and maybe almost the same as you say, if it is better we always pay attention to the steps we make so as not to backfire on ourselves.
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.
Looking at your account it will not be easy to say you are not part of the beginners also 
.However cryptocurrency investment is not what to be done with haste. A lot of time need to be taken for you to make up mind to invest in a particular coin. One of the system of investment is to buy when there is drop in price like now but doing proper research is important.
Crypto investment is the only thing you could do with a haste, crypto trade is not the one that should be done in haste. If you "invest" that word means you are buying, you can buy at any point at all times and as long as you can keep holding it, then one day you will profit, it is the trade that you can't do with haste since it could cause you to lose a lot of money.
When it comes to mindset on getting rich then most of us does really have that kind of goal or target in mind because we do know that on this state we wont really be stressing out ourselves on having some problems
when it comes to buying something or investing or some sort that do needs funds.
Of course you would really need to be careful because if you wont really be having that kind of behavior then losing money would really be much common.
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.
Looking at your account it will not be easy to say you are not part of the beginners also .However cryptocurrency investment is not what to be done with haste. A lot of time need to be taken for you to make up mind to invest in a particular coin. One of the system of investment is to buy when there is drop in price like now but doing proper research is important.
Crypto investment is the only thing you could do with a haste, crypto trade is not the one that should be done in haste. If you "invest" that word means you are buying, you can buy at any point at all times and as long as you can keep holding it, then one day you will profit, it is the trade that you can't do with haste since it could cause you to lose a lot of money.
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.
Looking at your account it will not be easy to say you are not part of the beginners also
.However cryptocurrency investment is not what to be done with haste. A lot of time need to be taken for you to make up mind to invest in a particular coin. One of the system of investment is to buy when there is drop in price like now but doing proper research is important.
It is a 50-50 chance, investing in crypto can either make you rich or poor depending on your investment approach, there are people who bought btc for example at the top and sell at the bottom because they have less knowledge about the whole crypto ecosystem, so instead of being rich with their investment they become poor because of bad decision, the same way crypto can make you rich when you play your cards rights, so crypto investment is not a guarantee to be rich.
That is why people should conduct their own research on bitcoin before investing or purchasing into it, as well as when is a good time to buy rather than simply gambling and buying all of the time. The act of investing should not be treated as a game of chance; instead, we should strive to ensure that our investments generate profits for us. However, if you enter the investment world with the intent of gambling, there is a very high likelihood that you will lose your money.
It is a 50-50 chance, investing in crypto can either make you rich or poor depending on your investment approach, there are people who bought btc for example at the top and sell at the bottom because they have less knowledge about the whole crypto ecosystem, so instead of being rich with their investment they become poor because of bad decision, the same way crypto can make you rich when you play your cards rights, so crypto investment is not a guarantee to be rich.
A good way of marketing but I really do not welcome it. I have come across so many MLMs speaking nice and lovely words to attract investors but its not going to stay long. Yes, investing in crypto does not assure of becoming rich. Risk is involved in it. So many crypto currencies come in every month but they dont stay long. Those who invested on these new crypto currencies were in loss. So yes, be more careful in choosing and investing on the right coin. Never borrow and invest ever.
I can say there are still those people who don't know crypto and yes it's true even if the crypto is now hype and also because of the NFT with play-to-earn feature it helps a lot to introduced crypto to people but still there's other people who don't know it. Aside from the fact that there are many people who can't buy good crypto these people are also those people who didn't access the right information. I can say that money still not the hindrance for crypto adoption but also the insufficient of knowledge of people about the platform.
At the end of the day we are not going to have 100% adoption. Not everyone in the world will be using crypto, even if it became legal tender all around the world in every single nation, some people will prefer fiat and will use that. However, considering we are still at the start of the crypto world, and we have so much potential, I say that we should not be worried about bigger adoption.I can see a world where bitcoin became legal tender in 50+ nations where banks allow you to have a debit/credit card where you can use crypto and never touch fiat if you prefer to (but can use it if you want to). That's going to happen one day, maybe when I am very old, but it will. So, we are not anywhere close to filling our potential just yet.
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