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.
Topic: Buy Crypto Or Have Fun Staying Poor! - page 6. (Read 1224 times)
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.
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.
I think, all people will feel inflation. as you said, inflation will cause the price of goods to rise, and when that happens, the poor will get worse and can't buy it. in fact, before, their needs were not met, and as prices continued to rise, they would feel that it was becoming more and more difficult.however, a pretty good option for thinking about the future is simply to invest. well, investing in crypto is also a part of that. many people who previously could not meet their needs, by knowing crypto, they are released from it. to be honest, before getting to know crypto, I too was a part of it. however, now I can meet my own needs. Yes, there are times when we need to think about investing. if we do not force to learn new investments, then we will just walk in place.
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.
What funny is that there are people that are actually contented and happy being poor but for the people that does not feel the same they are busy looking for ways to improve their life and maybe by now they already heard or tried cryptos because cryptos are not a secret anymore but still cryptos cannot guaranteed that you can get out of poverty by the time you invested on it and there is a possibility that you can become more broke but if you have a patience and are eager to learn more crypto knowledge, why not?It is 2022 already but its not too late yet to change our lives, I know there is a lot of people feel this way and are hesitating to invest in cryptos.
Who can guarantee that every poor man can improve his income once investing/trading in crypto?
This is a sad reality. Not everyone that's poor is encouraged to get out of poverty as they can't stay there forever. There are those people that have already accepted their fate and already lost enthusiasm about life. And we've got situations to deal with and that's why others even if they want to invest, just can't spend a single penny because there's already the obligations that they have waiting for them to pay for. But I know of a known quote, "if there's a will, there's a way".I think it would be better for people who are more capable to be able to make something so that they can change their destiny because what I see now they can't if they are only pitied but must also be given the opportunity
Yeah, we can all be contented with the things and possessions that we have. But when it comes to life, you should be wise and there's the better way of living if you've got investments and financially free.
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.
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.
Who can guarantee that every poor man can improve his income once investing/trading in crypto?
This is a sad reality. Not everyone that's poor is encouraged to get out of poverty as they can't stay there forever. There are those people that have already accepted their fate and already lost enthusiasm about life. And we've got situations to deal with and that's why others even if they want to invest, just can't spend a single penny because there's already the obligations that they have waiting for them to pay for. But I know of a known quote, "if there's a will, there's a way".I think it would be better for people who are more capable to be able to make something so that they can change their destiny because what I see now they can't if they are only pitied but must also be given the opportunity
Yeah, we can all be contented with the things and possessions that we have. But when it comes to life, you should be wise and there's the better way of living if you've got investments and financially free.
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.
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.
Who can guarantee that every poor man can improve his income once investing/trading in crypto?
This is a sad reality. Not everyone that's poor is encouraged to get out of poverty as they can't stay there forever. There are those people that have already accepted their fate and already lost enthusiasm about life. And we've got situations to deal with and that's why others even if they want to invest, just can't spend a single penny because there's already the obligations that they have waiting for them to pay for. But I know of a known quote, "if there's a will, there's a way".I think it would be better for people who are more capable to be able to make something so that they can change their destiny because what I see now they can't if they are only pitied but must also be given the opportunity
Yeah, we can all be contented with the things and possessions that we have. But when it comes to life, you should be wise and there's the better way of living if you've got investments and financially free.
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.
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.
That's the weird thing about the life we are living today. Some people are expecting poor people to just barely have enough to shelter themselves and eat food, literally all they should be doing. When minimum wage was first introduced, that was a standard of living, it meant that you could have a house, a kid or two, a car, and health insurance or just not be afraid of going to the doctors, and education.All could be paid via minimum wage, basically all basic needs there, and you could even go to movies and plays and such, not all the time but at least once a month without a problem, and even dine outside once a week. Nowadays, what does minimum wage bring? Barely enough to pay the rent, and maybe enough to eat good food, sometimes not even that much, people with minimum wage can pay their rent, bills and food, that's it, 3 items and done, don't even consider getting sick.
Always bitcoin .. buy bitcoin and wait one day you will be glad you got it 
Exactly and steer clear of altcoins because they will only empty your wallet of Bitcoin which is the whole plan of altcoin developers.
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.
I really want to think about this, are those true?
No guarantee if we buy crypto and become rich, not buy crypto willmean poor.
Some people may be rich because of buying crypto, but on the opposite, there are also many people who become poor because of buying crypto. The key may be not be in the term of "buying" itself. But at what time and what coin/token they are buying.
We sometimes cannot really understand what we are buying or investing in, that is why we may get lost after buying crypto. But, we may be also profitable after buying crypto because we exactly know about what we are investing.
No guarantee if we buy crypto and become rich, not buy crypto willmean poor.
Some people may be rich because of buying crypto, but on the opposite, there are also many people who become poor because of buying crypto. The key may be not be in the term of "buying" itself. But at what time and what coin/token they are buying.
We sometimes cannot really understand what we are buying or investing in, that is why we may get lost after buying crypto. But, we may be also profitable after buying crypto because we exactly know about what we are investing.
Always bitcoin .. buy bitcoin and wait one day you will be glad you got it
Who can guarantee that every poor man can improve his income once investing/trading in crypto?
This is a sad reality. Not everyone that's poor is encouraged to get out of poverty as they can't stay there forever. There are those people that have already accepted their fate and already lost enthusiasm about life. And we've got situations to deal with and that's why others even if they want to invest, just can't spend a single penny because there's already the obligations that they have waiting for them to pay for. But I know of a known quote, "if there's a will, there's a way".I think it would be better for people who are more capable to be able to make something so that they can change their destiny because what I see now they can't if they are only pitied but must also be given the opportunity
We can’t escape from inflation in which that’s what we are experiencing nowadays in our respective local currencies like the USD. It’s either we just stay put and remain poor or being contented the way we live in, or we do something about the money that can make it grow even more and cryptocurrencies are the answer. Although that stocks are the other option, but they are centralized and we don’t have the custody of it.
I just don’t know where would I be right now without knowing Bitcoin and cryptocurrencies. Without it, I would remain poor, living in debt and a disappointment to my family. Good thing that I have decided to enter this industry years ago and until now I am happy with it.
Money could always be grown, you could find ways to grow your money but that amount could still fail under the inflation level, that is the problem. If I get 5% raise in USA this year, that doesn't mean I grew in salary, it means I lost money because of inflation. People long forgotten this and just accepted their faith, but the reality is that we could always make a request to our jobs to give us a better pay.I just don’t know where would I be right now without knowing Bitcoin and cryptocurrencies. Without it, I would remain poor, living in debt and a disappointment to my family. Good thing that I have decided to enter this industry years ago and until now I am happy with it.
With the amount of people quitting and becoming antiwork, you will soon realize that companies who used to pay very little just to make some more profit, will end up paying more to continue making a profit. All the companies will have to accept the fact that they need to pay more. Strikes usually end in nothing good, especially in my nation, but if you quit, if everyone quits, then they have to pay you or they will bankrupt, since without workers no business can survive.
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.
"What we do here on a daily basis" - Don't claim to know the financial affairs of everyone here. There are some people who are dirt poor and in debt, trying anything to find a way out but having no funds at all to start. A small group of people will have gotten lucky enough to cash out Bitcoin at the right times (note: converted to fiat) and are living a very comfortable life right now. There are others who come here out of curiosity, to keep up to date with crypto news but have their investments held in other places. It's simply a ridiculous and mindless philosophy to "hold forever" because people need fiat currency to live in the real world, you must convert it to enjoy any potential gains. Plenty of people keep money in the stock market which has beaten inflation over the long term and will also be a method of support.
It all depends on each person because there are people who are more comfortable investing in crypto and vice versa there are also those who are comfortable investing in real estate,
in any investment need good management and each person has his own way
it would really be just normal on having this kind of action to be made.It all matters with some effort and understanding on what you are dealing with.As long you do know on what you are doing
and be aware on the risks involve then you're good to go but of course dont expect that everything would turn out to be positive because reality doesnt really
work that way.
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.
Ok, but saying that shit will hit the fan because the US printed money is actually overly simplifying the intricacies of the economy, and really not saying much. Look at the somewhat recent video from Economics Explained, where he dissects some of the issues regarding how inflation works. Also, crypto will always gain value over time? There is no evidence of that, that's just wishful thinking. Always is really unspecific of a time frame, and nothing and I mean NOTHING has continuous growth.
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.
We can’t escape from inflation in which that’s what we are experiencing nowadays in our respective local currencies like the USD. It’s either we just stay put and remain poor or being contented the way we live in, or we do something about the money that can make it grow even more and cryptocurrencies are the answer. Although that stocks are the other option, but they are centralized and we don’t have the custody of it.
I just don’t know where would I be right now without knowing Bitcoin and cryptocurrencies. Without it, I would remain poor, living in debt and a disappointment to my family. Good thing that I have decided to enter this industry years ago and until now I am happy with it.
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.
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.
If we only stick to fiat, then expect that inflation will always be a part of it. But if we can invest into other types of investments that can combat high rising inflation, particularly bitcoin, i think it will create more profits than fiat. And now is the best time to start it while there is good opportunity to buy. So start buying crypto and make it as your long term investment as it will always gain higher value when its hold for long. However, if you stick to fiat, then you can never stay out easily from being poor.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.
There are investors that are not fond of investing in crypto but they're still investors because they've invested in other assets. As long as they're able to have their own investments, I think that's what matters.
But to us, we know how bitcoin will help us to fight against inflation and this is the reason why we're holding. We know that in the future, price of it would be higher than what we're expecting.
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.
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.
If we only stick to fiat, then expect that inflation will always be a part of it. But if we can invest into other types of investments that can combat high rising inflation, particularly bitcoin, i think it will create more profits than fiat. And now is the best time to start it while there is good opportunity to buy. So start buying crypto and make it as your long term investment as it will always gain higher value when its hold for long. However, if you stick to fiat, then you can never stay out easily from being poor.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.
there are many ways how to invest your money, not only in crypto. some people are not good in trading so they will opt for other tangible assets like real-estate. so for me, not all crypto users or traders will attain the same success. it depends on how you manage your funds not only in crypto but in fiat as well.
think of where you are good at, and cultivate it. you can always get the success outside crypto, it is only up to you how you will act on opportunities.
in any investment need good management and each person has his own way
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