Buy Crypto Or Have Fun Staying Poor! - page 7.

lienfaye

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Quote from: kawetsriyanto on January 19, 2022, 07:58:06 PM

Who can guarantee that every poor man can improve his income once investing/trading in crypto?
You also think that crypto isn't for everyone, only people who want to learn and have good self-control can join crypto investment. And the most important thing is that to join crypto investment, you need some money. Don't tell me that you suggest poor people borrow money for crypto investment/trading. Cheesy

Indeed. Crypto is profitable for someone who has knowledge about it and know how to take advantage every situation. Its not a guarantee that you'll gain but there's a high chance. In fact many investors already become a huge gainer. But its not for everyone because its not easy as it seems unless if you're really determine to learn and make money from it.

Quote from: kawetsriyanto on January 19, 2022, 07:58:06 PM

By the way, investing in crypto is a choice and must from self intention. If the purpose is to be rich instantly, I can say the chance to succeed will be very small because greed may ruin your realistic mind. So, be careful to say this to random people, especially for those people who have no money to invest/trade. It even leads them to a worse situation.

As I have said, if someone is determine to learn and serious about it then it can change your life if you succeed. It takes a lot of effort and you should be willing to take risk.

kawetsriyanto

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Who can guarantee that every poor man can improve his income once investing/trading in crypto?
You also think that crypto isn't for everyone, only people who want to learn and have good self-control can join crypto investment. And the most important thing is that to join crypto investment, you need some money. Don't tell me that you suggest poor people borrow money for crypto investment/trading. Cheesy

By the way, investing in crypto is a choice and must from self intention. If the purpose is to be rich instantly, I can say the chance to succeed will be very small because greed may ruin your realistic mind. So, be careful to say this to random people, especially for those people who have no money to invest/trade. It even leads them to a worse situation.

AmoreJaz

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Quote from: Kasabus on January 19, 2022, 07:19:47 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.

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 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.

Kasabus

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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.

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.

Natalim

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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.

It wasn't eventually investing crypto will make us rich but sometimes this will also be the reason for our losses that especially if we can't manage it correctly, many people do.

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.

boyptc

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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.

darewaller

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Quote from: maju69 on January 19, 2022, 05:16:13 AM

Quote from: Rana590 on January 18, 2022, 01:49:06 PM

Investing in cryptocurrency does not mean becoming rich. So everyone would be interested in investing in cryptocurrency by selling all their assets. With this little risk, everyone would become rich. I do not deny that investing in cryptocurrencies is not profitable, but whatever we do, we should think carefully.

Indeed, investing in cryptocurrencies does not mean to make us rich, but that way we at least find a way to achieve what we hope for. Indeed, some people think that when we invest, they think we are rich. Especially people who don't know the ins and outs (don't know crypto). They don't know how we feel when we look at the market, it tests our mentality.

Even if we are not "rich" it still makes us "richer", and that is usually the confusion people have. Yes we are not rich at all, even if you are still poor after investing into crypto, that doesn't mean that you are poorer, it just means you are richer but even your richer version is still poor. Someone who makes 150-200 dollars a month as salary in a third world country making maybe 50 bucks a month from crypto a month will not be rich, they will still be poor, but at least they are richer than before they got into crypto.

Consider ALL the ways you could make money in the crypto world by working here, all those campaigns, twitter giveaways, airdrops and god knows how many other methods, all of that could be as much as 100 bucks a month easily, for third world nation poor people that is a lot of money. People need to realize the difference between rich and richer.

Mahanton

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Quote from: Silberman on January 19, 2022, 12:01:19 PM

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.

For most newbies the risk factor is something they never take into account, after all they believe that just by investing in this market they are going to become rich so it is obvious they will never take something like that into consideration, which is a problem, we know that governments are printing too much money and that is reducing what you can buy with the same amount of fiat, but it is not as if this market has no risks either, and it is because of those risks that newbies that have no knowledge about how to protect themselves from those dangers end up losing their money.

Learning do comes after a disaster and this is where noobs do usually learn and not before which it is a must thing to consider first when you do made out some engagement on this market.
All of us does have that mindset to become rich via means of investment and this is where people do end up on making hasty decisions but we do eventually learn in the end of the line.
Once we are aware on how this market works and on how to deal off with things then we would able to handle ourselves and able to make profits at least.

Silberman

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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.

For most newbies the risk factor is something they never take into account, after all they believe that just by investing in this market they are going to become rich so it is obvious they will never take something like that into consideration, which is a problem, we know that governments are printing too much money and that is reducing what you can buy with the same amount of fiat, but it is not as if this market has no risks either, and it is because of those risks that newbies that have no knowledge about how to protect themselves from those dangers end up losing their money.

dbc23

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Remember crypto is volatile making it's price unstable and full of risk. I get your point in driving home the need to invest in cryptocurrency but at least you should be fair enough to talk about the more risk tendency involved in cryptocurrency over fiat other than paint it look like it's a way to express massive wealth without first highlighting the dangers involved. Elon musk himself doesn't have a his assets in cryptocurrency he too diversify. Having a well structured portfolio which encompasses fiat, crypto and other centralized investment could be a balanced sheet mostly for the down times

FanEagle

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Quote from: Fivestar4everMVP on January 16, 2022, 10:10:23 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.

Whenever I am investing in cryptocurrency, I don’t really diversify that much, my main targets are usually just Bitcoin and Ethereum. Although as of recent I’ve decided to add Cardano to the list of cryptocurrencies that I’m investing in. I’m not the type of investor that likes buying too many cryptocurrencies, especially the new ones in the market, because I know very well that most of them in the market are not really like Bitcoin and wouldn’t last that long.

So, anyone that is investing should also be very careful and know the particular coins that they are investing their money in, so that they can avoid losing funds in the future. Bitcoin is the only cryptocurrency for me that I know is really worth it, and then it is followed by Ethereum and a few others that are quite good.

so98nn

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Buying crypto requires pretty good funding amount in our banks tbh. You cant just throw away the bones in front of crypto. We literally need big efforts to earn something from the crypto also and moreover holding is another level challenge for normal peeps. My own experience have been tough in the crypto while holding it. No matter what if the crypto is at its peak we end up selling it and making profits; thats good but it takes whole lot of efforts to put back money.

This buying and selling process in the crypto environment is not making sense for many users and thus we are not able to hold it or use it on regular basis.

Just buying is not the step here. There are number of factors which are responsible for the second guy holding that board and saying have fun staying poor. Lolz.

XUR_TIP

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The topic should be 'buy bitcoin or have fun staying poor' because many crypto coins and tokens are scam, some are rugpull they will definitely disappear in months or few years later, some will even get abandoned as time goes by, it's better to stick with the big boss

poldanmig

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Quote from: maju69 on January 19, 2022, 05:16:13 AM

Quote from: Rana590 on January 18, 2022, 01:49:06 PM

Investing in cryptocurrency does not mean becoming rich. So everyone would be interested in investing in cryptocurrency by selling all their assets. With this little risk, everyone would become rich. I do not deny that investing in cryptocurrencies is not profitable, but whatever we do, we should think carefully.

Indeed, investing in cryptocurrencies does not mean to make us rich, but that way we at least find a way to achieve what we hope for. Indeed, some people think that when we invest, they think we are rich. Especially people who don't know the ins and outs (don't know crypto). They don't know how we feel when we look at the market, it tests our mentality.

Investing in crypto doesn't necessarily make people rich, not infrequently there are even those who experience substantial losses because they are careless in investing, I personally invested in bitcoin only as savings for the future and as an emergency fund if needed at any time, for trading , I do it only to fulfill daily needs in my life so far, even though I don't get rich in crypto investing, but at least from crypto I can get an income that can keep me alive all this time.

maju69

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Quote from: Rana590 on January 18, 2022, 01:49:06 PM

Investing in cryptocurrency does not mean becoming rich. So everyone would be interested in investing in cryptocurrency by selling all their assets. With this little risk, everyone would become rich. I do not deny that investing in cryptocurrencies is not profitable, but whatever we do, we should think carefully.

Indeed, investing in cryptocurrencies does not mean to make us rich, but that way we at least find a way to achieve what we hope for. Indeed, some people think that when we invest, they think we are rich. Especially people who don't know the ins and outs (don't know crypto). They don't know how we feel when we look at the market, it tests our mentality.

Emitdama

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Quote from: bocyaj on January 18, 2022, 03:21:46 AM

The words are fact.I had seen many people who is poor and became a middle level and upper level from poverty line.Only thing is, they need to buy a good amount of crypto at the price of dump one. If you buy maximum amount of count will be good. When people found the high value in the market. They need to fix their mind with minimim profit and get huge from it. Nearly 70 percentage of poor moved to normal level from their poor stage.

Yes that is the truth, I’ve seen so many people who were able to start living a better life and escape from poverty through Bitcoin. Although it is usually not easy, and it is never the same story for everyone that invest in Bitcoin, but I believe that anyone who makes a proper plan for themselves to achieve something through Bitcoin, would always achieve it.

And that is the same thing with me, I was able to help myself through Bitcoin investment. Before I started investing in Bitcoin, my life wasn’t really as it is now, and things were quite difficult. But, when I discovered Bitcoin, I planned myself and I did proper research to fully understand it, and I was able to help myself through Bitcoin. So I believe that anyone else can also do the same thing.

Wawa2013

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Quote from: bocyaj on January 18, 2022, 03:21:46 AM

Quote from: Fivestar4everMVP on January 16, 2022, 10:10:23 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.

The words are fact.I had seen many people who is poor and became a middle level and upper level from poverty line.Only thing is, they need to buy a good amount of crypto at the price of dump one. If you buy maximum amount of count will be good. When people found the high value in the market. They need to fix their mind with minimim profit and get huge from it. Nearly 70 percentage of poor moved to normal level from their poor stage.

I am one of those people who changed their economy after investing in crypto, especially in 2021 some coins managed to break new records.
This made me make a very large profit, since the crypto price experienced a correction at the end of 2021, it was my chance to start buying
crypto again. As long as we buy potential coins, then we can be patient waiting for the price to go up, then we can generate a fairly large profit.
Crypto does provide an opportunity for everyone to be rich, but that does not mean it can be achieved instantly. It took a long process to go
through, so getting rich from investing in crypto is not easy, so it takes hard work to achieve it. If we have tried investing in crypto but still
haven't succeeded, don't give up quickly, continue to learn well about crypto. In order to understand how to effectively make a profit from crypto,
in all things a person who is unyielding and patient will achieve what he wants.

cornhodlr

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All cryptocoins are only shit scams designed to steal bitcoin from idiot noobs.youre welcome :-)

lixer

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Quote from: Fivestar4everMVP on January 16, 2022, 10:10:23 AM

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.

But who are all saving in fiats? I read the interest on bank savings like deposits are yielding at a rate which is lower than inflation rate. So, there will be no point of keeping fiats at interest rate lower than the rate at which day-to-day products are increasing.

These days bitcoin must be highly returns producing investment opportunity hence choosing it will help anyone to bail out the problems of higher inflation. Hope people from around the world will understand and make a right decision for their hard work. No one will prefer to stay or become poor and when we are spreading the awareness of bitcoin investment opportunity then people will adapt bitcoin for their better tomorrow.

Quidat

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Quote from: iv4n on January 18, 2022, 03:11:24 PM

Quote from: Rana590 on January 18, 2022, 01:49:06 PM

Investing in cryptocurrency does not mean becoming rich. So everyone would be interested in investing in cryptocurrency by selling all their assets. With this little risk, everyone would become rich. I do not deny that investing in cryptocurrencies is not profitable, but whatever we do, we should think carefully.

Never stretch your finances too much... but I guess almost anyone can afford to buy some crypto and put it on a side! People who have done that in the past 10 years don't regret it, while fiat is losing value some cryptocurrencies made new records!
I guess that headline is a bit hard, people who don't buy crypto will not stay poor, but with investing in crypto it's like you have something that can be very desirable in the future... as much as some people would like it different, future will be all about digitalization, metaverses, and all that stuff... and crypto is all about that!

It would really vary on interest and we know that not all is poor, it is really just that they couldnt really just made out some action on how to dealt with crypto but instead they do go
on having that observation and just tending to see if others does made out that good decision but of course i do really agree on that thing on where crypto could pull you
off into financial hardship if you made it done but always mind off about the potential risks behind.You couldnt just achieve these things without those challenges
in front.

Topic: Buy Crypto Or Have Fun Staying Poor! - page 7. (Read 1224 times)