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Topic: You're not wealthy yet, so you're not allowed to be wealthy - page 5. (Read 2889 times)

full member
Activity: 518
Merit: 101
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 guess there is no law for that everyone is allowed to be wealthy, we are free to dream to become wealthy and free to do our best too. Here is this crypto business there are lots of poor people became wealthy by developing their capabilities in comply the taks given and by exploring the world of crpto.
newbie
Activity: 17
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

IMHO

I had .000000001 btc and turned it into quite a few, you may start with 1 seed and turn that seed into a watermelon to buy 20 more seeds.
With 1 Huntercoin I turned it into 1000`s+  (I may not recommended this now as AI have taken over that game and unless you can beat them like I did good luck)

think if it as a snowball, sure yours might start small but as you roll it down the hill it may get bigger and bigger if you push it.

well if you are not American you need not to read or abide by their laws, only the universal ones such as gravity.
newbie
Activity: 107
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
I have not heard that rule in my entire life. It kinda surprises me.I have a friend that invest on certain ICOs but he is not that rich yet. He makes money through investment and he does not even encounter that kind of problem. I dont know about you.
member
Activity: 700
Merit: 10
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

Its so stupid forbid anybody to become investor. Every body should have same chance to be wealthy man and not only institution. Peoples have a right to do with their own money and investing money should be good for economy
member
Activity: 308
Merit: 10
No ,that is bad phrase, that if your not wealthy, you are not allowed to be wealthy ,everybody has a chance to be wealthy in this world and that bitcoin and crypto is I believe maybe the thing that can make our life better and be wealthy through hardwork and patience, so that is not true that only wealthy have the right to be ruch but poor has also a big chance to be wealthy

Everyone can make their life more comfortable in this world and they can earn a lot of money for their life and their family brcause everyone has equal rights, so the important thing is that hard working because hard working can make sure that you will lead successful life, and that's why everyone can allowed that they live in wealthy life.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
No ,that is bad phrase, that if your not wealthy, you are not allowed to be wealthy ,everybody has a chance to be wealthy in this world and that bitcoin and crypto is I believe maybe the thing that can make our life better and be wealthy through hardwork and patience, so that is not true that only wealthy have the right to be ruch but poor has also a big chance to be wealthy
sr. member
Activity: 812
Merit: 260
That is the biggest thing that is unbelievable and not true that if you are not wealthy you are no longer allowed to become wealthy? For those people who makes hardwork and sacrifices they deserve to become wealthy so I don't believe in that statement, a lot of poor people are becoming wealthy nowadays.
jr. member
Activity: 251
Merit: 3
Globe-dex.com
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

Yeah maybe you are right... We need to accept this hard facts that it is truly happening in our society... Even before cryptocurrency exist it already happened...  People who belongs in a high class society can live much better here in this unfair world because they have are granted for lots of chance...  Unlike those who is not so rich they will really need to strive harder first before they reach their success... It happened because rich people can spend to much than us without thinking a great lost for them...
member
Activity: 156
Merit: 10
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
Is this true ? if yes can you give a concrete information about this and also a justification. I want also to know.
jr. member
Activity: 364
Merit: 1
Everyone has an understanding of wealth. Someone thinks he is rich because he has a lot of dollars, someone considers himself rich because he has many bitcoins, and someone considers himself rich because he serves his god and is rich spiritually.
member
Activity: 159
Merit: 10
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
Sounds quiet unclear,  but I would say that every person is able to become wealthy, if that person would work hard and work Smart, all the limits are only in your own head. Just my humble opinion on that.
newbie
Activity: 196
Merit: 0
How does one define wealth? If you only define wealth as being rich with millions to billions of dollars then your perception of wealth is shallow. Anyone can be wealthy on their own way, I my self might not be financially wealthy but I am wealthy enough with love form my family and of course for them I want to be financially free. For others it could be different do not just limit your self in one definition. Also I do not believe that one big time investors are allowed in the crypto industry, as the crypto industry is for the resourceful.
member
Activity: 350
Merit: 10
TRONscratch.com
There is no certain allocation of wealth.  Even the poorest people can be rich as long as they trust themselves. Hardwork and perseverance are some of the keys. Everyone has the chance. There are a lot of opportunities by joining bounty campaigns which implies, in order to be wealthy, then you have to work for it.
legendary
Activity: 1568
Merit: 1002
Lol. If you go in the bitcoin at the beginning of the emergence and if there you make a lot of your money then you have become rich when bitcoin prices increase very high in 2017. There are many stories that have answered it all. So to be rich in crypto I think it's still very possible if you are a hard worker that can be applied in the world of crypto.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC 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

It has nothing to do with being "allowed" to be wealthy and everything to do with protecting people who don't know jack about complicated investments from getting swindled. There is a presumption that people who are wealthy have the financial prowess to scrutinize various types of complex and non-traditional investments in the private space that are not regulated (as opposed to public securities that are fully regulated). If this presumption happens to be wrong and you have a rich idiot, the fallback position is that even if they lose their investment because they're foolish, they have the financial ability to weather that loss. People who are not accredited investors 1) are presumed not to have this financial acuity (which may be unfair in certain situations, but on the whole tracks pretty well), and 2) do not have the ability to weather the loss of their investment if they get themselves swindled in an unregulated investment.

On the scale of risky, unregulated investments, ICOs rank right below "obvious Ponzi" in the risk department. The accredited investor rules are not stupid, they're the direct result of people who don't understand the risk inherent in private investing, lose all their money, and then complain to the government about how nobody was there to protect them from themselves. Hence, accredited investor laws.
jr. member
Activity: 43
Merit: 2
Rich does not mean can not be rich or in the not rich not. All can be possible when we try the poor can become rich people. Instead the rich can fall into the poor depending on what they bring the wealth of what. But if the rich do not be arrogant the potential to be on guard Cool Cool
newbie
Activity: 108
Merit: 0
I am not wealthy, why am I not allowed to be rich? I will try every day to be rich. I believe in my ability and I will certainly do it. Human capacity is endless if we exploit these possibilities.
full member
Activity: 659
Merit: 101
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

That is a very racist thing tp say because we all have a freedom we all have a choice and have a dream in life and almost all the rich people that are humble of course those who are from the poor family before but I am not saying that all rich are arrogant people it is just a shame to see that they are dividing the society with this kind of rule. There are a lot of ways in order to get rich and with the help of the cryptocurrency this makes it more handy to gain profits so lets just not believe that rule if that is true.
It is right and the reason is whales. They manipulate the market and suck our money. Big investors are making big money and small investors are losing their hard earn money. Manipulation is a big problem for bitcoin. Many people do not invest in bitcoin because they are aware of market manipulation so that will not make any profit in their presence.
newbie
Activity: 70
Merit: 0
We are not wealthy yet but we are allowed for it. Everyone has a chance as long as we work to achieve it. Working in crypto smartly and patiently can make you success in one thing which is financial freedom and you can save for the future.
member
Activity: 476
Merit: 11
I don’t know about the law you’re talking about, but it sounds stupid to me. Also it’s kind of discrimination that shouldn’t exist in our world.
Agree being wealthy and dreaming of this is everyone's right. I don't even read or such things that we are not allowed to be wealth is that mean we have the right to aim and dream for ourselves because we are not given the right to do so. I disagree in the whole statement. Being wealthy is a chance and everyone's right. Humanitarian rights.
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