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Author Topic: Crypto currency is suppose to turn the middle class into rich people  (Read 702 times)
powerman24
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December 05, 2018, 11:16:08 PM
 #41

Do not agree with the statement that crypto will turn middle class into rich. Crypto has nothing to do with middle class. Crypto provides access to everybody and has potential to include more then 2 billion people out of finance system. Smart people will make profit no matter if they are  poor or rich. Of course the rich people has more possibilities to diversify their investments and for long holding and to manipulate the market.

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December 05, 2018, 11:41:52 PM
 #42

This chance is not for many people, only a few people who believe in cryptocurrencies dare to invest at that moment.

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December 06, 2018, 12:58:43 AM
 #43

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

Cryptocurrency basically will turn the intelligent people to become rich. When they become rich, they will turn the whole world in the cryptospace. What we need is people that will not just consider themselves but the whole world as one.

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December 06, 2018, 01:05:26 AM
 #44

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared .
IMO, cryptocurrency does not promise such claim that it would make people rich. Individual on the crypto community should be the one to makework around crypto if he want to make money out of it.

If u know this forum exist , we will have lots of money come 3 years
This forum is just a medium where you can learn about crypto and it does not have any guarantee that it would make you rich either just being here.
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December 06, 2018, 02:56:40 AM
 #45

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

I think lower class has also the possiblity to become in the upper class. If they join a bounty and gather too much token, they can invest it and slowly pave their way to the top until they reach the state of being rich through cryptocurrencies.

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December 06, 2018, 03:14:17 AM
 #46

of course, this is because many of them are weak and not ready to hand condition crypto. When they're ready and have extensive views on crypto then the middle class will be able to become rich. But if you just hope the results and the results then it is natural when it is precisely among the medium-hard feel lucky on crypto.

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December 06, 2018, 03:18:45 AM
 #47

Not true at all. Crypto currency was not supposed to do anything with distributing riches.
It was supposed to be a open ledger to transfer value without intermediate.

I agree with this statement but at the same time it opens opportunity to others or those early adopters and its fine they came here first so that just take it as a reward for them.

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December 06, 2018, 03:30:53 AM
 #48

If you think that Crypto must turn the middle class into a rich person. Even like that and I see that a rich person also have a lot of money in doing this business. But you also have to have the ability and hard work to get big profits. I am sure this life will be better because they work hard and work seriously.
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December 06, 2018, 03:47:12 AM
 #49

Crypto currency is suppose to turn the middle class into rich people

this little flawed way of thinking is the exact reason why the altcoin market is a shitshow instead of being a market where we keep seeing innovations and alternative ways of using the greatest technology called blockchain technology!

people have been misled into thinking cryptocurrency is a way of making money and becoming rich and because of that we currently have pump and dump shitcoins instead  of having actual "Crypto-Currencies" and that is sad and that is why the altcoins are dying hard these days. people are simply dumping what they pumped before.

    Some opinion would take your statemet. but the reality is investment is risky and a lot of things to learn into the ins and out of the crypto market investment. a lot of supposed investors losses their money because of the drops of the crypto market. they had panic reaction instead of patient into their coin investment. With the high vatility of the markey one should learn how to be patient and protect its investment. it is Still possible to gain some profits for a long term investment, market correction will follow aftet the drops, it is also dependent on the volume on investment on how you could earn a huge profits into crypto. small investment equals to small gain proportionate to the money or your amount of investment.Large money invest equals to large profits.

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December 06, 2018, 04:05:26 AM
 #50

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years

I think lower class has also the possiblity to become in the upper class. If they join a bounty and gather too much token, they can invest it and slowly pave their way to the top until they reach the state of being rich through cryptocurrencies.
Yes, crypto is a place for every among both lower, middle and upper only process it is necessary to be able to get profit from crypto. In addition to this top class may be more get rich because they invest with large capital. but the middle class will also be able to feel the same things when actually willing to work on a lot of fields that exist in the crypto be it investment and entry in bounty campaign for example.

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December 06, 2018, 04:17:30 AM
 #51

Many people are afraid of crypto because they are afraid of losing money. Many things happened in Crypto including hacking and many coins that failed. But if you want to get your dreams, of course, you have to take risks. Risk can be prevented, as long as we are always careful.

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December 06, 2018, 04:21:23 AM
 #52

many of them invest in crypto using the wrong money, which is to use money for life and also savings that are still needed to be used on crypto and when crypto prices fall they become afraid, stressed because they need the money to continue their lives.
make an investment with lost money and it will be useful for the future, and when prices drop like this then it won't make you poor instantly
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December 06, 2018, 04:26:06 AM
 #53

And yet bitcoin did as promise, many people who invested in early stages of crypto has tremendously gain a lot. Even if you do a survey here in the forum you'll find tons of people became rich from trusting and hodling bitcoin even when the price was low, even there were major crashes they continue to hodl until it reach 20000$ in 2017.

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December 06, 2018, 04:26:33 AM
 #54

Not all the time that crypto can turn a middle class into higher class group of people, but sometimes can turn middle class into poorer class if they don't know how to handle cryptocurrency. It is all about how to handle risk and how to control patience, cryptocurrency is not for everyone and it is not intended for get-rich-quick scheme. It is intended for other form of transaction for convenient means unlike any other traditional business transaction process.
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December 06, 2018, 04:39:39 AM
 #55

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years
Because there are many people who say that cryptocurrency can make someone get rich overnight, some beginner traders then buy it but the results are not as expected, because they don't know clearly about cryptocurrency. In the end they were frustrated and sold all crypto assets at lowest prices. Maybe because of this factor that has made them down class from high class to middle class.
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December 06, 2018, 04:47:29 AM
 #56

I think this is the time for a test of trust on cryptocurrency.
If we could build our trust on cryptocurrency, I'm sure the future of cryptocurrency will be even better.
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December 06, 2018, 05:27:14 AM
 #57

Crypto currencies actually is not the tools to make someone rich, it was not created for investment, but people like to trade it because its valuable, bitcoin got a high volatility so it could be turning people become rich or become poor, previously there were a lot of people's life become better because of crypto but in this constant bear market a lot of people suffering because the price keep on dropping, but the possibility becoming rich still widely open, now is the time to buy and take profit in the future
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December 06, 2018, 05:27:43 AM
 #58

Crypto currency is suppose to turn the middle class into rich people why is that changing now? People got scared of crypto? It's easy money mix in with bankruptcy money. The future is in our hands. Don't be scared . If u know this forum exist , we will have lots of money come 3 years
It should be borne in mind that the cryptocurrency itself does not create wealth. She can only redistribute them. And this means that if someone for a certain amount becomes richer due to cryptocurrency, then someone should lose the same amount in it. However, all layers of our society who have successfully invested their money in cryptocurrency can become richer in it.

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December 06, 2018, 06:35:15 AM
 #59

information about crypto is certainly a lot now, if you want to get rich in an instant, read the concrete information written by founding crypto. crypto is not that simple, a lot of science here, if you keep learning it, it will be easier for you to live in this world
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December 06, 2018, 08:30:02 AM
 #60

yes cryptocurrency can change financial conditions to be very good and can make people become rich but cryptocurrency also has a very high risk because it can make you become poor so you should be careful when investing in cryptocurrency.
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