Pages:
Author

Topic: Crypto Currency has theability to remove poverty. - page 6. (Read 681 times)

sr. member
Activity: 728
Merit: 250
To be rich or not because of Crypto, it will depend on how you participate in crypto. In crypto, we can invest or trade the coins to gain the profits. If you want to make a long investment, crypto also has special good coins to invest such as the BTC, ETH, NEO, and others. However, you can also choose for trading, the day-trading to get the profits in the quick times. The lost or profits will depend on the strategy to buy or sell the coins.
hero member
Activity: 3010
Merit: 629
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto.  In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??

Well you might be right however this still depends on the user itself, you have to work hard and use crypto as a tool to reach your goal. As we know its not going to be easy as it seems and sometimes what we expect the road to success turn out to be the opposite due to many scam project out there. I have few friends who are also earning through cryptos they are not rich yet but you can see the changes in their lifestyle for involving themselves in cryptocurrency.
hero member
Activity: 1666
Merit: 502
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto.  In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??

I doubt if crypto can eliminate poverty, we know that poverty exists in most countries, but if to reduce poverty I'm sure it can be, if they are interested in cryptocurrency and we can give them the knowledge and advice in order to make money.
newbie
Activity: 168
Merit: 0
I believe cryptocurrency has the ability to eradicate poverty, the crypto communities around us feel the good effects of crypto, their income increases after joining and investing in crypto, I think many more people will benefit from crypto.
jr. member
Activity: 224
Merit: 1
You must understand that all can not earn. If someone earned, means then someone lost their money. If you trade without knowledge and experience you will not earn much, you will probably lose everything.

that's because I see a lot of people who have been successful in the world of Crypto, therefore, I believe cryptocurrency can help people who are less good let alone crypto has good value in some countries
member
Activity: 555
Merit: 12
Smile! This is where many noobs are getting it wrong these days. Crypto is a place where you would make money for living though, it’s not a place where you would see as a get rich quick platform
full member
Activity: 409
Merit: 103
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto.  In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??


Not at all. Crypto isn't a magic to remove poverty of one's country or people. Why? it is not that easy to get in to crypto. You'll need to study all aspect that affects a price of cryptocurrency. Also how will you get into crypto without technical knowledge nor capital to start trading. If you think it is easy, I tell you it is not. Crypto is not a stairway to heaven.
jr. member
Activity: 224
Merit: 1
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto.  In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??


that's because I see a lot of people who have been successful in the world of Crypto, therefore,
I believe cryptocurrency can help people who are less good let alone crypto has good value in some countries
full member
Activity: 420
Merit: 103
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto.  In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??


Nope. I don't believe that crypto alone will be able to eradicate poverty completely. It may help people to have extra income but the income would not be constant because crypto itself is susceptible to changes. Also, being rich through crypto is a case to case basis. Some people aren't fortunate enough on what coins they choose to invest and it is extremely difficult to select a good coin. It takes a good strategy and skill.
newbie
Activity: 123
Merit: 0
If we analyze the status of crypyocurrency, it is likely or more likely a superior weapon to remove poverty in the world, however in needs a balancing system in order to avoid any personal interest by manipulation to a single person only. We can see the situations sometimes that the status of cryptocurrency business are not for the purpose of whole community people but for the single person that has the power to control on which the returns are only for the person who have the power to manipulate. (Sorry if I am mistaken my opinion, correct me f I'm wrong)
full member
Activity: 532
Merit: 100
many, even I see my own friends. we learn together and he is so passionate and much more time than me. and the results are indeed comparable to the great struggles my friend did. I believe with the worldwide cryptocurrency technology. A country can prosper. as long as this technology is used for good
member
Activity: 350
Merit: 10
BitbondSTO.com | Germany’s First STO | Earn Stable
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto.  In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??


of course, cryptocurrency is become more worthy than stocks exchange. trading, arbitration, and a various way to get some Bitcoin is really can make people change. even i already have a friend that buy a car from bitcoin. he's even in the high school and 18th YO
newbie
Activity: 154
Merit: 0
Cerainly! There're a lot of people idle and hardly find a good job for them. Besides, there are people who didn't even complete their higher studies. They can invest in crypto currency.
full member
Activity: 630
Merit: 103
The poverty of whole countries is a problem, I believe, an inequality in our global economy. And I believe that this is a consistent and deliberate policy of the more developed countries in relation to poorer countries. Because less developed poor countries allow the creation of the necessary cheap human labor and a necessary market for more developed countries.
Therefore, I believe that crypto-currencies eliminate discrimination in the world economy, contributing to the redistribution of global financial wealth.
The only restriction at the moment for anyone who wants is the availability of literacy, computer and Internet access.
legendary
Activity: 1147
Merit: 1007
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto.  In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??

nope its not the cryptocurrency will remove poverty,but the people who use it and the governments that will accept it,because the cryptocurrency is a currency and will only works if we uses it.but like you OP i have a good faith that one day this electronic money will help the world in their financial problem
It still depends on the people how they will make it happen, the people in a government needs to see how it can effectively help the country to a more better financial system as well as in terms of having a clear and honest governance in a way that they will use blockchain. If only they will grasp changes hey will be able for sure to remove poverty little by little.
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
Removing poverty and someone getting reach is not the same, as much as I know. Cryptocurrency is not the thing which can remove proverty but yeah it can open the door of opportunity. Cause many cryptos comes with some great project and that projects need some people so so many people get jobs.And now think some of them project go to the real word tech company list (Top 10) how much people getting job there. So it cannot remove poverty property but it will help people. And yeah I saw people getting reach with crypto a 22 year boy can afford a BMW in India. That much rich.
member
Activity: 238
Merit: 11
The cryptocurrency can help to put an end to poverty "untouchable" and also to attract millions of miners
newbie
Activity: 183
Merit: 0
I believe in crypto's ability to eradicate people long term stay in poverty. I can even see it as a tool for the less-developed countries to close the gap between them and the advanced ones. More surprises to come actually with crypto.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto.  In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??

nope its not the cryptocurrency will remove poverty,but the people who use it and the governments that will accept it,because the cryptocurrency is a currency and will only works if we uses it.but like you OP i have a good faith that one day this electronic money will help the world in their financial problem
jr. member
Activity: 97
Merit: 3
Crypto can easily put people into poverty as well:

1) Not holding your funds securely.

2) Chasing bull runs then watching your funds vanish in a day and a half and selling on the low.

3) Investing more than they can afford to lose and becoming emotionally invested.
Pages:
Jump to: