Topic: Investing only for the rich? Think again - page 10. (Read 2322 times)

But this only applies to rich people that are business-minded. I'm really not sure for these coming generations, these young minds will think that way as their rich parents think differently from them.

Rich people can really afford to lose their money with no worries, that is their advantage, and they never afraid to try again if they failed to succeed on their first try. May some will think that poor people can also do business if they want to, yeah, they can but the challenge is that it really needs patient for their business to grow because of their capital which is a big factor that could affect the result of their business. But, rich people can start with a huge amount and they can make a huge profit then, and it is too far for poor people to do that which is really true that good business is only for rich people.

Rich or not means a lot It even rhymes!

The rich can invest more without fear which means they don't suffer such a big loss, they aren't scared and can sleep well, they buy a larger piece so they make more money when it goes up.
It's much harder to become poor when you're rich than rich when you're poor.

You're right that we all can invest but don't say that it doesn't matter how much money we have because it does.

Exactly, it's a myth said with a cold-blooded tongue and an extremely false statement it is. I know we can't diversify our investments to the extent these rich guys can do, but the rich are rich just because they can handle all the pressure and still hold their position without even letting a drop of their sweat thrown down. That's where we need to learn from them that we must hold our positions (obviously in something really trustworthy) and never look at it till it reaches our desired targets.

What I see is that until some years ago the only investment for common people were the fixed income, especially saving account. I don't know if it was forbidden to invest in variable income before, but only now it's being promoted on the internet, media and by the own digital banks. At first I think it's very good, as the options are becoming more diversified and anyone can start investing at anytime, since we can learn from youtube videos.

On the other hand, I'm alert about it, because every kind of investment which becomes highly demanded has its potential profit income decreased. You see these rich guys nowadays? They made big money because they invested in assets and stocks that weren't disponible or largely widespread for the rest of the population on the past times. But now with so many investors it's different.

And in fact, to have such investments so opened to anyone, do you think is it really a good idea to invest this way?

Having bigger capital would produce a huge a profit especially on those one time investment opportunities but we must also appreciate how much risk it is when they invest on these investment as a simple drop on price would affect their capital. Also, because of them the price increase significantly due to their huge investments.
Anyway, along the way our investment will grow big as time comes. We just have to avoid withdrawing and focus on compounding your earnings to be able to catch up with big investors. Soon we will all be whales on the trading community once we continue trading. 

In investing, the attitude those with little capital should have is "to be temporarily poor and achieve all your desires once you are rewarded." Crypto investing allows a person to become very rich if they start saving on this cryptocurrency at a time when the price is very cheap. There are quite a number of people who have proven that in the last 10 years, bitcoin and cryptocurrency have given birth to new millionaire because of their high price.

I have been in this cycle for the last 4 years. The pumd and dump processes have provided me with a lot of knowledge and experience. This will make it easier for me to choose which asset have great potential. Long-term investing in cryptocurrency is a very profitable option, it's just that we need to minimize the risk..

There are some steps that a regular person should take before jumping into the world of investing. Building up an "emergency fund" is definitely one of them and will be crucial to avoid taking funds out when your investments might be down in the short term. A large part of investing comes from having the stomach to weather the tough times (drops in the market) instead of purely being how intelligent your brain might be. You should ideally have 3-6 months worth of living expenses covered, untouched and available with relatively easy access. Then you will have much less worry, stability and the right frame of mind to continue.

Actually investment is not only for any rich person i think investment are possible for all type people it is not matter that who is rich and who is poor but it is true that investment is not impossible for Rich person becouse have huge fund of rich person.

For me, Investing is for the rich but I'm not talking about your financial capability. What I'm talking about is investing is for the rich mindset. Your money will be a waste if you are investing without a rich mindset. Actually mindset is everything you need, you can become rich by having a rich and positive mindset. Investing doesn't just require a capital because you need to have a good mindset that will guide to become good in what you are doing. Focus also in acquiring knowledge first before putting your money in some investment in order for you to prevent suffering from major losses and for you to able to earn huge amount of money.

It is a very useful advice for those who are currently imvesting and for those who are planning to invest. We are sometimes blinded by the fact that only the rich can invest when in reality, as long as you know how to invest, you can and the money needed for it can be worked out. You may start off as a small time investor but as you spend more time in the market, you will always have the chance to be a big one. Almost everyone starts as a little and it take much courage and perseverance in order for a certain person to grow. I fully agree that time spent in the market is much more essential than your timing in the market, cause if you've spent much time already, then you already have lots of experience and knows how to handle your investment at best.

even those with $ 10 can start investing. so there is no longer any excuse if investment should be limited to the rich who have large portfolios. In terms of investment, what we need is readiness between two options, namely getting a profit according to the amount invested or a loss from what is spent. in cryptocurrency investment there will be no big losses, in contrast to gambling. and the definition is much different.
dispel myths and slogans that will only make our investment confidence less than optimal.

It all depends on how you define it but for me I believe I investment is for all not minding your financial ability. Starting right where you are with what you have is always key to making massive returns. Although capital determines how massive your ROI would likely turn out to but consistency with little or low capital over time would grow into massive capital that inturn yield massive ROI. I try no to discourage people who have big dreams with the ability of starting small. Dedication is all that matters

When talking about ROI, I agree that with a small investment capital, the ROI will also be small.  But taking that other path also doesn't guarantee a higher ROI.  Because other types of investment, say real investment, the risk received is much higher than the investment in general.  Basically investing with a fixed $ 10 will yield a small return when compared to $ 1000.  Only rich people can only raise their standard of living in this capitalist economic system.  That's why, I think Bitcoin was created against the paradigm of earlier economists.

IF they have money!
So it's more like the rich and the middle class in some countries can invest.
How many people in the world afford to invest if we exclude the top countries by average wealth and purchasing power?


But I've yet to stumble upon a poor person who 10 years ago had internet access, a computer, and 10$ to invest and he chose BTC
Do you have an example? 


Oversimplifying things, a rich guy would have a million and the poor guy 100. The rich will earn enough to buy two Mercedes, the poor enough for a soda can.

Let me show you the difference between two people living in the same city but one making twice as much, let's pick 1500 and 3000 euros the representative brackets around here. Beware I'm rounding numbers to keep the math simple.

You have rent 300, basic bills stuff as cable, heating, electricity, passes, that would go around another 300, the basic food, you can do it easily with 10 euros a day, that's another 300, and some let's say emergency stuff that needs 100, let's add now the clothes, dinners, some money for having some fun to make your life worth living up to 200.
After that one guy is left with 300, the other with 1800 to invest, see the difference? It's six times not two!
If we drop the income of the first guy to 1000 he will need to cut expenses to survive, let alone invest, the rich will just pile up more income each year from the money he makes extra.

On one side what is left to invest will barely mitigate inflation, on the other side it will double in a few years his spending budget.
We live in a world that sometimes is really cruel, progress might still be progress in a few cases but a tortoise will never win the race.

I think OP missed the point about "investment only for rich" things. It's not completely wrong since there is a story behind it.
If you invest passively anywhere and it doesn't matter whether it's gold, stocks, bonds, etc. (except for BTC early days), your average ROI will still be extremely low compared to working actively with your capital. Because of low ROI, you need a bigger investment to be meaningful, or you can go on a different path and use your money to start a business since it will yield a higher ROI.

We need to dispel the one big misconception that investing is only for the rich. I guess people are fixated on the "amount" of money that they put in investing, of course if a rich individual were to invest 1000 dollars, and there is a 20% increase, this will be multiplied in numbers greater than what he/she invested, which is 1,200 dollars. However, let's say a middle class man who can only invest 300 dollars with a 20% increase, he/she will receive 360 dollars. Yes the rich had the most, but what's important is the progress. At least both of them earned greater than what they invested. Another tip is to pick the right company or corporation that you want to invest in.

Maybe people think about they not earning good returns when they invest since they only have small amount on their pocket, this mindset is totally not good since if we always do this we will be poor forever unlike those people who's willing to risk on good investment option where they can roll out their capital until it became more bigger that they didn't imagine. So people should imagine that scenario since if they think savings only there's nothing will happen in there life and if emergency cames all what they save will gone.

You are correct. Anyone who thinks that investment is only for the rich is wrong. Anyone can invest. The rich, the poor and middle class, everyone! It is only that you have to me smart when investing. You have $10 spare per month? Invest with those $10 in potential stocks or cryptocurrencies. Look at the price of bitcoin 10 years ago and look at the price now. A poor person who has invested around $10 a decade ago is now living a life that is free from any financial sufferings.
The problem is, when it comes to crypto, people think that they have to own whole coins. No you don't. You can always invest in fractions!

I agree with you, investing is for everybody who is willing to invest the time and learn and is saving money to do so. What the rich people can teach is us that we need investing to become rich, and once we are rich we need to keep investing to stay rich. Leaving all the money in an savings account is not an option. The same goes for just saving money in an savings account, we won't get enough interest to cover the inflation rate at the moment. The only real way is to start investing.

People who invest always want to make money and become rich. But the problem is they are not getting the right investment which can help them to make money. Just imagine if you can invest in bitcoin from a long time ago and hold your bitcoin and only sell your bitcoin at now, you must be a rich person in your town. And I am sure that can attract many people to become curious and want to know how you did that because bitcoin is a new thing for them. The investment is not just for the rich people but it is also for all people who want to change their lives and know the risk of that investment.