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Topic: You're not wealthy yet, so you're not allowed to be wealthy - page 19. (Read 2930 times)

newbie
Activity: 153
Merit: 0
I hate that rule if it is a rule. I may not be born wealthy but someday i will be one. I will work hard to achieve my dreams in life and a better future. Hardwork is the key and always pray for guidance from up above.
hero member
Activity: 1582
Merit: 523
You are allowed to be wealthy even though you are rich or poor, you are wealthy or not. That is the simple rule, you are allowed in anything as long as it is for good and it will give benefits to you and also to others. Getting into the state of being wealthy is not easy but if you pay a lot of attention and put a lot of effort and focus then you can be wealthy.
True, we have the freedom and opportunity to be wealthy. All of us had the chance to become wealthy in our own way by doing effort, patience, and determined to achieve it. Therefore, in investing an Ico we have to make sure that everything we invest are legit and can give a profit.
full member
Activity: 504
Merit: 106
🚀🚀 ATHERO.IO 🚀🚀
I don't think so. Whenever an ICO starts, you can invest on it even with a small amount of money as long as you reach the minimum. Maybe what you were trying to do is to join their team?. If it is, then you need to know if you are qualified and you meet their standards. If its me, I won't even try to be part of the ICO team because of the hustle and commitment. I will invest and hope that everything will be fine. I will do some research before doing this. I want to know where my money is going.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
You are allowed to be wealthy even though you are rich or poor, you are wealthy or not. That is the simple rule, you are allowed in anything as long as it is for good and it will give benefits to you and also to others. Getting into the state of being wealthy is not easy but if you pay a lot of attention and put a lot of effort and focus then you can be wealthy.
newbie
Activity: 208
Merit: 0
That was disturbing. But in reality, we live in a society that is comprised of two classes called the rich and the poor with a lot of differences. Some have labeled it as haves and have-nots of the society. We just can't deny the fact there will always be that boundary.
Bitcoin community gives us the prerogative of anonymity. Notwithstanding that boundary, this community allows us to reconstruct our phase of life. It gives us the prospect of finally creating a new chapter in our book. In due time, i will change my status from have-nots to haves.
hero member
Activity: 966
Merit: 517
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

Your wrong with that, not just wealthy people who can join in an ICOs, if you are hardworking and joining a lot of free site that can get bitcoin, then you can join in many ICOs. Hardworking poor people can be wealthy also if they work hard for it then they can also have their own wealth.
There is no such kind of thing that someone who is not wealthy has no right to be wealthy. In fact, there are number of living examples of so many people who proved this thing and now they are amongst the world’s wealthiest individuals.

The thing you just need to believe in yourself and that you need not to lose hope. Keep on trying as much as you can and then avail every single opportunity which you get.
full member
Activity: 491
Merit: 105
That’s true. The rich ones are used to taking advantage of the poor ones.  Well, nobody wants to be the loser here, even if it means making others lose while you win,  people are ready to take the chances. If you’re  rich, then you’re lucky and I won’t blame you for getting in an early time before others and earning every profit that comes later on. Sometimes we just have to blame these ICOs that first gives the rich dudes an opportunity to buy in first before others. Things should be done equally.
full member
Activity: 392
Merit: 100
I comprehend this point effectively, those of us who are not rich constantly live in a consistent pressure. Most likely right now we are continually watching diagrams on the off chance that the qualities of altcoins or btc diminish, on the grounds that we know how this influences our little venture, while they, the rich, in the event that they lose a speculation they would not so much lose a ton of riches, they could proceed with their lives flawlessly.
jr. member
Activity: 196
Merit: 3
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

Have you been rejected to an Investment in ICOs? I think there is no rule like that, and I had never seen such. Investing in ICO chooses no one. As long as you have the capital, you can invest in crypto. The main good thing about crypto is your anonimosity. ICOs need investors and they dont reject. Please provide me a link about your claim.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law
This rule is one of the stupid rules Ive seen conducting ICOs it only shows that developers who are enforcing this kinds of rules are too greedy I can see some ico like this before and I totally ignore ICOs which has rules like this If some friends asked me if its good to invest I really told them to stay away from it we are in a decentralized world now everybody must have a right to join in ICOs even in a  small amount like $10. 

I am sure that there is another ICO that will give good benefits to us and we don't have to invest in ICO that is not give benefits to us. people could join in any of ICO and they could select the best ICO that they think could give much of profit in the long term and there are no rules that will stop people for joining the ICO. but we still need to know the details about the ICO itself before we decide to join in the ICO project and take the profit after the ICO is finished.
hero member
Activity: 2492
Merit: 542
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law
This rule is one of the stupid rules Ive seen conducting ICOs it only shows that developers who are enforcing this kinds of rules are too greedy I can see some ico like this before and I totally ignore ICOs which has rules like this If some friends asked me if its good to invest I really told them to stay away from it we are in a decentralized world now everybody must have a right to join in ICOs even in a  small amount like $10. 
member
Activity: 364
Merit: 10
The Exchange for EOS Community
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law
Richness plays a small role in investment. You need capital to invest in projects but knowledge needs much more because without knowledge of the market, no matter how wealthy you still can not succeed and may lose all. . So I think that to invest in any market you should study carefully before deciding to invest in it.

It is pretty much like that, it works under the assumption that if you have money you can afford to loose it and also that if you have moeny you know about finance. The opposite is also true: If you don´t own 1M USD then you don´t know enough to invest.
legendary
Activity: 1232
Merit: 1091
Before people can invest on projects such as ICOs, only people who are wealthy can invest on stock and large companies. When cryptocurrency boomed, even a normal citizen who has knowledge on cryptocurrency can take part of a great project and earn money with them.

It's not entirely true. Yes, crypto offers more opportunities for those with a smaller initial capital (in terms of investing in a booming coin), but at the end of the day, everyone has an equal amount of opportunities in both crypto and stock markets. It's more a mentality thing that makes people think stock markets are only for wealthy people. Just like right now you don't have to buy the most expensive crypto coins, in the stock market you don't have to buy the most expensive stocks. If you look around, there are several active and volatile stocks available that would have provided you very solid returns. If you avoid the traditional stocks, and just focus on the newer stock generation, you'll be getting great future potential as well, and that even with a low initial capital.

Look at the solid returns of these relatively smaller stocks -- https://seekingalpha.com/amp/article/4111246-best-performing-stocks-ytd-q3-2017
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
The belief on only rich people are capable of getting richer and the richest makes more money is absurd. This is just an excuse, I've known people who are wealth now that came from a very low key life and lived to a poor location. And if someone's who is not that rich enough wants to join ICOs and he wants to make richest with it, he can do it if he has extensive skills in trading and with other source of income too.
full member
Activity: 353
Merit: 100
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

I really think that since cryptocurrency has came up, and a lot of ICOs started popping up, it really changed how the society works. Before people can invest on projects such as ICOs, only people who are wealthy can invest on stock and large companies. When cryptocurrency boomed, even a normal citizen who has knowledge on cryptocurrency can take part of a great project and earn money with them.
legendary
Activity: 1274
Merit: 1004
I think everyone is clearly forgetting about a point. It does not depend on people but they are poor or not the main thing is they are literate or not and if you are not literate then how are you even here right now it definitely prove that you know how to read and write and how to earn from the online world and when you are planning to invest on something then I don't even care that why there are even rules you have the money go and put that money anywhere you want you are going to only face the rules when you are going to make profit. I still think that rules are not necessary which relates to the wealth of a person.
jr. member
Activity: 238
Merit: 9
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

It is pretty much like that, it works under the assumption that if you have money you can afford to loose it and also that if you have moeny you know about finance. The opposite is also true: If you don´t own 1M USD then you don´t know enough to invest.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law
Who said that? If I'm not wealthy person now, their is no chance to become wealthy in coming year? It depends to person if he/she work hard for life, stay humble, kind and generous person then someday they reach the goal to become WEALTHY PERSON.

This stuff works in books for children still in kindergarten and in low budget movies.
In reality, if you're poor and you're generous there is no way you're going to become wealthy, chances are you're going end up penniless.

Some poor people who invest in Bitcoin even end up losing their money cause the rich people always invest big money and also withdraw huge sum of money that turns everything upside down.

You see, this is the problem. Poor people, juts like any other people  shouldn't invest more than they afford to lose , and till now with all the crashes those that have hold their coins and not end up panic selling have made a profit.

Besides, your point of view is biased.
You forget that when "rich" people invest money, they also drive the price up which is beneficial to you too.

newbie
Activity: 77
Merit: 0
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law
Who said that? If I'm not wealthy person now, their is no chance to become wealthy in coming year? It depends to person if he/she work hard for life, stay humble, kind and generous person then someday they reach the goal to become WEALTHY PERSON.
full member
Activity: 258
Merit: 100
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

I believe in the rule of equality, in which poor people has the same right as rich people. Being poor is not a hindrance for being an accredited investor that are allowed to join or participate in certain ICOs as long as he believes in his own capability to join. Besides, there are many other ways to participate in ICOs other than investing or buying tokens.
 
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