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Topic: Buy Crypto Or Have Fun Staying Poor! - page 5. (Read 1251 times)

sr. member
Activity: 1036
Merit: 279
January 26, 2022, 09:44:21 AM
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.

full member
Activity: 1292
Merit: 101
Vave.com
January 26, 2022, 08:38:13 AM
If you're still primarily holding fiat, you're not paying attention to what we do here on a daily basis. Inflation, according to Elon Musk, is the most regressive of all the tasks. The US dollar has been the strongest currency for the past 100 years, yet it has lost 95% of its purchasing value since 1913. Fiat currency will always lose value over time, but cryptocurrency will always gain value over time; the two are moving in different directions. According to recent studies, 40% of all US dollars in circulation were printed in the last twelve months. Every day, they are printing away our wealth. Opt out and invest in cryptocurrency instead.


He who still don't know about bitcoin they are really missing something which will lead the world upcoming days .You have mentioned that USA has printed the 40% of circulation but what are they missing is just ignore the bitcoin .I think we really don't know the exact value where btc can climb on the future so it is still we have a good chance to buy it .The picture are saying about the truth to us that .I think its really something huge will be happen in the future which we gonna miss if we don't invest on crypto .We are holding our money on the bank or cash but gradually its loosing its value so that if we invest it on crypto for long term can you imagine that how much we can get the return .So it will be wise to buy it and hold strongly for long term to get a good return .
hero member
Activity: 2170
Merit: 530
January 26, 2022, 06:16:08 AM
Your claims about cryptocurrency been the only source that can make someone rich is nothing but a big fat lie
It is not a lie but it cannot be generalized. Poor people are surely possible to be rich by investing in crypto. But not all people want to buy crypto because of many reasons, so we don't think crypto is the only way to be rich.

There are other possible means the poor can still get richer without Crypto Currency.
Agree. There are many ways to be rich, not only by investing in crypto. We must be aware that not all people have the ability to be good crypto investors. We shouldn't force those people who have no interest and lack knowledge in digital investment. Only poor people who have big confidence in crypto and have capital can invest in crypto coins.


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.
legendary
Activity: 3122
Merit: 1140
January 25, 2022, 07:15:20 PM
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,
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.

full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
January 25, 2022, 06:53:48 PM
Your claims about cryptocurrency been the only source that can make someone rich is nothing but a big fat lie
It is not a lie but it cannot be generalized. Poor people are surely possible to be rich by investing in crypto. But not all people want to buy crypto because of many reasons, so we don't think crypto is the only way to be rich.

There are other possible means the poor can still get richer without Crypto Currency.
Agree. There are many ways to be rich, not only by investing in crypto. We must be aware that not all people have the ability to be good crypto investors. We shouldn't force those people who have no interest and lack knowledge in digital investment. Only poor people who have big confidence in crypto and have capital can invest in crypto coins.
full member
Activity: 378
Merit: 167
betfury
January 25, 2022, 06:31:22 PM
of 2 contradictory characteristics, where fiat is a buying and selling tool while crypto is a commodity asset (it can also be used as a means of payment in some countries) indeed inflation is a terrible thing when the exchange rate becomes increasingly shrinking with supply and demand in a country. I think this is the right time to ask for btc/crypto when the market is weakening with several segmentation and scenarios. Crypto is more of an option because trends like day and night keep changing indefinitely and without being regulated by the government, this is more of trading volume activity. . it is certainly more difficult to return inflation to the past than fluctuating coin prices.

more crypto saves and includes investment

I prefer to ask for crypto from the funds I can set aside
sr. member
Activity: 1876
Merit: 318
January 25, 2022, 05:37:01 PM
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,
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.
legendary
Activity: 3052
Merit: 1188
January 25, 2022, 02:48:41 PM
#99
They are stuck on their current situation even if they do a lot of hard work on their jobs its because they didn't go outside on their comfort zone and stay on what they think they can earn a living just like working on 9-5 jobs. For sure those working on that set up have limited resourcers and can only provide their needs in a day without having any extra money left to them and mostly majority of them are in debt due to certain circumstances. And if majority will just explore on new opportunities like what we have today upon buying bitcoin for sure their they can change their lives since we know how big the potential of bitcoin to change life of individuals.
Unfortunately looking at the economy of the world around 40% or so people can't afford anything more. That is a sad statistic but unfortunately that is the reality we have to live. Around 40% of the people in the world have either 3 foods + shelter levels of economy or even worse, starving, starvation is still a reality all around the world.

So, the number of people who can barely afford those basic needs is a lot ,and that is obviously caused by inequality, and ruthlessness as well. We keep saying Elon Musk deserved his money, and Jeff Bezos did as well, and to all other rich people.

However, does that mean "if x person is rich thanks to his talent and hard work, and y person has absolutely no skill and no intention of working, then x person should be able to hold way more than he needs, whereas y person should starve to death"? I doubt that. Sure let Elon be rich, but make him pay from his networth increase a bit, not a lot but a bit, whereas give people AT LEAST food, like that is not too much to ask, do not let people starve.
legendary
Activity: 2758
Merit: 1228
January 25, 2022, 06:26:49 AM
#98
poor people do not really feel the impact of inflation from their finances. For me, the word poor is for people who do not have income or their daily needs are not met maybe the only thing they will feel is the price will become more expensive than before. but the middle class and above will feel it.holding flat only without choosing any investment will definetelly decrease value our saving in the future.


Poor people are the one who are been much affected on inflation knowing there small amount of money can only bring few goods and imagine it what happen on the next day for sure they will struggle to buy again since they don't have enough money to spend on. Also middle class guys or at rich level are not much gonna feel it if we talk about on spending but maybe if we talk about investment maybe there are certain area that they will be hurt on what they have put up.
Studies around the topic of inflation have shown that the most affected by it are the middle class, the rich have no problem dealing with it because most of their fortune is not in fiat but in hard assets, like real estate, precious metals, art or their own companies, the poor do in fact suffer because of inflation but since the amount of money they have is low they are not affected as much either, the ones that suffers the most is the middle class, as most of their net worth is in their house which they owe and with inflation the interest rates go higher and they cannot pay their house until they lose it, becoming poor in the process.
That is a little bit desperate seeing these poor people lose more opportunities while these rich people have plenty. It is somehow a real talk but I don't think that would stop them to invest and let their life live being poor forever as there are so many ways to change it, and first is our mindset. If they keep being negative, being doubtful, and doing nothing, they will never change their lives but stay poor.
Of course, poor people who will always be contented living with their present lives and not going out from their comfort zone will always live poorly. But if they take chances to invest believing that there is greener pasture awaits for them, and they turn into positive mindset and build self confidence, i guess in less time their life status will changed and improve. And crypto investments will definitely change their lives if they also have faith in it despite of its risks.
Not all but there are instances on which these poor people do their best but still get stuck on whats their current situation and due to limitation in terms of finances and capability then the actions made is really just

wont be enough for them to engage into something which it would results on having a life which would really be that hard and not able to improve theirselves which we shouldnt really make out some conclusions.

Somehow there are people who are really contented only on the things that they do currently have as long they could eat 3x a day and have a shelter then that what matter most.

They are stuck on their current situation even if they do a lot of hard work on their jobs its because they didn't go outside on their comfort zone and stay on what they think they can earn a living just like working on 9-5 jobs. For sure those working on that set up have limited resourcers and can only provide their needs in a day without having any extra money left to them and mostly majority of them are in debt due to certain circumstances. And if majority will just explore on new opportunities like what we have today upon buying bitcoin for sure their they can change their lives since we know how big the potential of bitcoin to change life of individuals.
full member
Activity: 1890
Merit: 101
January 24, 2022, 05:36:31 PM
#97
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.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
January 24, 2022, 03:44:12 PM
#96
poor people do not really feel the impact of inflation from their finances. For me, the word poor is for people who do not have income or their daily needs are not met maybe the only thing they will feel is the price will become more expensive than before. but the middle class and above will feel it.holding flat only without choosing any investment will definetelly decrease value our saving in the future.


Poor people are the one who are been much affected on inflation knowing there small amount of money can only bring few goods and imagine it what happen on the next day for sure they will struggle to buy again since they don't have enough money to spend on. Also middle class guys or at rich level are not much gonna feel it if we talk about on spending but maybe if we talk about investment maybe there are certain area that they will be hurt on what they have put up.
Studies around the topic of inflation have shown that the most affected by it are the middle class, the rich have no problem dealing with it because most of their fortune is not in fiat but in hard assets, like real estate, precious metals, art or their own companies, the poor do in fact suffer because of inflation but since the amount of money they have is low they are not affected as much either, the ones that suffers the most is the middle class, as most of their net worth is in their house which they owe and with inflation the interest rates go higher and they cannot pay their house until they lose it, becoming poor in the process.
That is a little bit desperate seeing these poor people lose more opportunities while these rich people have plenty. It is somehow a real talk but I don't think that would stop them to invest and let their life live being poor forever as there are so many ways to change it, and first is our mindset. If they keep being negative, being doubtful, and doing nothing, they will never change their lives but stay poor.
Of course, poor people who will always be contented living with their present lives and not going out from their comfort zone will always live poorly. But if they take chances to invest believing that there is greener pasture awaits for them, and they turn into positive mindset and build self confidence, i guess in less time their life status will changed and improve. And crypto investments will definitely change their lives if they also have faith in it despite of its risks.
Not all but there are instances on which these poor people do their best but still get stuck on whats their current situation and due to limitation in terms of finances and capability then the actions made is really just

wont be enough for them to engage into something which it would results on having a life which would really be that hard and not able to improve theirselves which we shouldnt really make out some conclusions.

Somehow there are people who are really contented only on the things that they do currently have as long they could eat 3x a day and have a shelter then that what matter most.
hero member
Activity: 2856
Merit: 667
January 24, 2022, 03:27:30 PM
#95
poor people do not really feel the impact of inflation from their finances. For me, the word poor is for people who do not have income or their daily needs are not met maybe the only thing they will feel is the price will become more expensive than before. but the middle class and above will feel it.holding flat only without choosing any investment will definetelly decrease value our saving in the future.


Poor people are the one who are been much affected on inflation knowing there small amount of money can only bring few goods and imagine it what happen on the next day for sure they will struggle to buy again since they don't have enough money to spend on. Also middle class guys or at rich level are not much gonna feel it if we talk about on spending but maybe if we talk about investment maybe there are certain area that they will be hurt on what they have put up.
Studies around the topic of inflation have shown that the most affected by it are the middle class, the rich have no problem dealing with it because most of their fortune is not in fiat but in hard assets, like real estate, precious metals, art or their own companies, the poor do in fact suffer because of inflation but since the amount of money they have is low they are not affected as much either, the ones that suffers the most is the middle class, as most of their net worth is in their house which they owe and with inflation the interest rates go higher and they cannot pay their house until they lose it, becoming poor in the process.
That is a little bit desperate seeing these poor people lose more opportunities while these rich people have plenty. It is somehow a real talk but I don't think that would stop them to invest and let their life live being poor forever as there are so many ways to change it, and first is our mindset. If they keep being negative, being doubtful, and doing nothing, they will never change their lives but stay poor.
Of course, poor people who will always be contented living with their present lives and not going out from their comfort zone will always live poorly. But if they take chances to invest believing that there is greener pasture awaits for them, and they turn into positive mindset and build self confidence, i guess in less time their life status will changed and improve. And crypto investments will definitely change their lives if they also have faith in it despite of its risks.
sr. member
Activity: 2828
Merit: 344
win lambo...
January 23, 2022, 05:08:53 PM
#94
poor people do not really feel the impact of inflation from their finances. For me, the word poor is for people who do not have income or their daily needs are not met maybe the only thing they will feel is the price will become more expensive than before. but the middle class and above will feel it.holding flat only without choosing any investment will definetelly decrease value our saving in the future.


Poor people are the one who are been much affected on inflation knowing there small amount of money can only bring few goods and imagine it what happen on the next day for sure they will struggle to buy again since they don't have enough money to spend on. Also middle class guys or at rich level are not much gonna feel it if we talk about on spending but maybe if we talk about investment maybe there are certain area that they will be hurt on what they have put up.
Studies around the topic of inflation have shown that the most affected by it are the middle class, the rich have no problem dealing with it because most of their fortune is not in fiat but in hard assets, like real estate, precious metals, art or their own companies, the poor do in fact suffer because of inflation but since the amount of money they have is low they are not affected as much either, the ones that suffers the most is the middle class, as most of their net worth is in their house which they owe and with inflation the interest rates go higher and they cannot pay their house until they lose it, becoming poor in the process.
That is a little bit desperate seeing these poor people lose more opportunities while these rich people have plenty. It is somehow a real talk but I don't think that would stop them to invest and let their life live being poor forever as there are so many ways to change it, and first is our mindset. If they keep being negative, being doubtful, and doing nothing, they will never change their lives but stay poor.
legendary
Activity: 2534
Merit: 1338
January 23, 2022, 12:00:39 PM
#93
poor people do not really feel the impact of inflation from their finances. For me, the word poor is for people who do not have income or their daily needs are not met maybe the only thing they will feel is the price will become more expensive than before. but the middle class and above will feel it.holding flat only without choosing any investment will definetelly decrease value our saving in the future.


Poor people are the one who are been much affected on inflation knowing there small amount of money can only bring few goods and imagine it what happen on the next day for sure they will struggle to buy again since they don't have enough money to spend on. Also middle class guys or at rich level are not much gonna feel it if we talk about on spending but maybe if we talk about investment maybe there are certain area that they will be hurt on what they have put up.
Studies around the topic of inflation have shown that the most affected by it are the middle class, the rich have no problem dealing with it because most of their fortune is not in fiat but in hard assets, like real estate, precious metals, art or their own companies, the poor do in fact suffer because of inflation but since the amount of money they have is low they are not affected as much either, the ones that suffers the most is the middle class, as most of their net worth is in their house which they owe and with inflation the interest rates go higher and they cannot pay their house until they lose it, becoming poor in the process.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
January 23, 2022, 11:04:45 AM
#92
If you're still primarily holding fiat, you're not paying attention to what we do here on a daily basis. Inflation, according to Elon Musk, is the most regressive of all the tasks. The US dollar has been the strongest currency for the past 100 years, yet it has lost 95% of its purchasing value since 1913. Fiat currency will always lose value over time, but cryptocurrency will always gain value over time; the two are moving in different directions. According to recent studies, 40% of all US dollars in circulation were printed in the last twelve months. Every day, they are printing away our wealth. Opt out and invest in cryptocurrency instead.
Such an opportunity, and some people would just see it and pass.

People who never invest in Bitcoin really do not know what they are missing. An investment that is made in Bitcoin at the right time can really change a person’s life for good.

There are so many opportunities in the Bitcoin market, but most people fail to recognize this. There are people who I always try to talk to about Bitcoin, and they just shun it because they are not interested in learning what it is.

I usually advise them to give it a try, that if it doesn’t work for them then they can decide to quit, because they don’t really know that they are missing out on a lot of thing. Bitcoin is now more than one decade of old hence people still ignoring does not make any sense but such ignoring people should learn from bitcoiners to learn and adopt bitcoin to get a change in their life.
Regrets would only be felt when you do saw that you had missed out a good opportunity on making your life bit easier since you would able to obtain that financial freedom if you have done well on this market.

You'll soon realize that its not bad to take up some risks when you do know that you could benefit something from it.Its no fun on staying poor and thats why we do keep on working hard for us to make our lives
better.

It is really just a matter of risks taking since not all would really be having that kind of mindset when it comes to investment and other opportunities.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
January 23, 2022, 08:44:14 AM
#91
If you're still primarily holding fiat, you're not paying attention to what we do here on a daily basis. Inflation, according to Elon Musk, is the most regressive of all the tasks. The US dollar has been the strongest currency for the past 100 years, yet it has lost 95% of its purchasing value since 1913. Fiat currency will always lose value over time, but cryptocurrency will always gain value over time; the two are moving in different directions. According to recent studies, 40% of all US dollars in circulation were printed in the last twelve months. Every day, they are printing away our wealth. Opt out and invest in cryptocurrency instead.
Such an opportunity, and some people would just see it and pass.

People who never invest in Bitcoin really do not know what they are missing. An investment that is made in Bitcoin at the right time can really change a person’s life for good.

There are so many opportunities in the Bitcoin market, but most people fail to recognize this. There are people who I always try to talk to about Bitcoin, and they just shun it because they are not interested in learning what it is.

I usually advise them to give it a try, that if it doesn’t work for them then they can decide to quit, because they don’t really know that they are missing out on a lot of thing. Bitcoin is now more than one decade of old hence people still ignoring does not make any sense but such ignoring people should learn from bitcoiners to learn and adopt bitcoin to get a change in their life.
sr. member
Activity: 1680
Merit: 259
January 23, 2022, 08:34:22 AM
#90
maybe there are some who will think like that but I feel very sure there are many out there who really want to change their fate and get out of poverty.
and as you said maybe there are some people who will indeed be satisfied with what they receive even if it is below the average standard of income but they are still grateful and quite satisfied.
but this is only a small part I think. and on the other hand we also have to think wisely because in life we can't only think about ourselves because of course besides us there are still people closest to us, in this case can be families, spouses or children who we really need to protect from poverty.
They do have that kind of mindset because they had already tried in the past but still failed to improve on someones financial status and im much sure of that but its true that majority will really be aiming on doing something which could possibly improve their lives because we dont like on being poor and we do like on buying things that we do like since we do have money to spend on.
Upgrading someones condition or situation will depend or vary on someones effort on achieving it, yes it would be hard but not that impossible for you to attain
on.
yes, the shadow of failure is always there but there are indeed two possibilities, first they will give up and secondly they will make this failure an important experience.
and the second is what should be done, even though it is difficult but that does not mean it is impossible and the change is still very big as long as you want to try.
because I still believe in the process not betraying the results and I'm also sure when our process is maximized the results will be maximized.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
January 23, 2022, 06:25:36 AM
#89
Your claims about cryptocurrency been the only source that can make someone rich is nothing but a big fat lie
There are other possible means the poor can still get richer without Crypto Currency.
Yea, Crypto Currency are doing great given more freedom and helping in individual control of there own money.
Yes, we have so many ways to help someone rich, but that will depend on how hard we work and how we can focus on what we did because becoming rich can not happen overnight. It will need a big effort and time to make more money from what we do. Still, people think that using cryptocurrency can help them become rich in the short term. We need to realize that everything will need time to become a reality and if you have been patient while you did, you will achieve your goals in the future.
hero member
Activity: 2828
Merit: 518
January 23, 2022, 03:53:50 AM
#88
Well in the first place wouldn't the ones able to buy crypto in the first place the not poor ones? Most people use fiat simply because they can't afford to invest in anything else, though if one has savings somewhere that is just sitting in fiat, well now that is the time then to actually invest it in something and not let it sit there. I'd recommend crypto really, but spreading your assets to other investments should also do you good, just so that you can avoid getting destroyed by the volatility of the crypto market. That is, if you have the capacity to invest, if not then honestly worry about living another day before anything else.

As far as I know, people are afraid to show their money to the government. Now they're moving to cryptocurrencies, and that's the only reason I can see why the fiat is losing its value and the increment in cryptocurrencies.
There is a high possibility that people lift their hands from the fiat and force their government to accept bitcoins.
So hold your bitcoins to help us in the future rather than keeping your order in the banks, so we should buy crypto now to secure our future.

They are afraid of getting taxed, that's why and have this crypto as an exit plan. I'm not sure if this is the right way but we're supposed to pay our obligations. But this is not how it affects the value of fiat money, there is another reason for it.

Anyways, we don't urge people to buy crypto, that was their choice. People can improve their living without crypto, however, investing in Bitcoin is not a way far of reaching our goal too fast than the other ways.
legendary
Activity: 2464
Merit: 1102
January 23, 2022, 02:15:56 AM
#87
As far as I know, people are afraid to show their money to the government. Now they're moving to cryptocurrencies, and that's the only reason I can see why the fiat is losing its value and the increment in cryptocurrencies.
There is a high possibility that people lift their hands from the fiat and force their government to accept bitcoins.
So hold your bitcoins to help us in the future rather than keeping your order in the banks, so we should buy crypto now to secure our future.
It’s not really about people being afraid of showing their money to the government, there is huge inflation, and there has beena serious inflation since 2021 that the coronavirus started. So, this is really affecting the Fiat currency, and investors or people who are really wise enough already knows that they are meant to diversify their assets and money. They can’t just continue to hold their fiat when it is already losing its value, these people will be at loss at the end.

So, the best decision that they can make for themselves and their family, and also for their businesses is to start investing in any good asset that can help them to retain their value of their money. If they keep on with the Fiat, then as the inflation increases and the value of Fiat decreases, then that’s going to be their fate.
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