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Author Topic: Crypto currency is suppose to turn the middle class into rich people  (Read 705 times)
mahilchii
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December 06, 2018, 08:51:23 AM
 #61

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.

Exactly, cryptocurrency is open for everyone they do not have standards like rich, poor, or middle class. If l invest then I have to bear profit and loss as simple as that. I agree it will make super rich in a quick time but there is no standards that's my point.

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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December 06, 2018, 08:53:06 AM
 #62

It is changing because of the falling market, people are tired of the red market and if you have invested in any ICO science August, you have possible lost a lot of money. They are waiting for the better market to start investing and getting real profit.
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December 06, 2018, 08:59:55 AM
 #63

This is the idea many people had when they decided to go into crypto. It's not a 'get rich quick' scheme, I agree it can make one very rich within a short time if understood very well and with patience. Most people lost their money because they believe investing in cryptocurrency would bring very huge returns not thinking about the ups and downs, fall and rise of price. Its a two way thing, crypto can change ones financial status for the better or worse. As well as it can make one stinkingly rich, it can also make one poor.
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December 06, 2018, 09:01:54 AM
 #64

It would be nice if everyone here could be a millionaire thatnks to early investing into cryptocurrencies, but I think that it will not be as easy as we think.

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December 06, 2018, 11:01:17 AM
 #65

People might be scared at cryptocurrency because of its price volatility or lack of knowledge how this thing works. The whales or the bankers are using all their power to manipulate the market and a possible investor's mind that cryptocurrency is dying or being use to scam people. An adoption will surely happen and cryptocurrency will be used as another medium of payment or type of investment that gives you higher return than what banks can offer. All we can do for now is to wait and observe the market. This is the best time to invest.
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December 06, 2018, 07:55:47 PM
 #66

Who said crypto is for the get rich scheme , crypto was created to revolutionize the financial industry.  People got rekt because of this notion and when   they lost , they blame crypto as as scam investment.

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December 06, 2018, 09:08:02 PM
 #67

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

So far, cryptocurrencies have made poorer those people who came here at the end of last year or early 2018.
Perhaps in the future, crypto will continue to grow, but it is unlikely that those who have lost their money in cryptocurrency at least once will invest their money in this market.
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December 06, 2018, 09:16:31 PM
 #68

I am not sure about how rich i can be - you can make some mistakes and your wealth will disappear. But anyway i am happy to be in crypto and it is one of the best things which happened in my life.
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December 06, 2018, 09:35:58 PM
 #69

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

Actually, I has a chance to turn the middle class into rich people but it depends on the value of coins you are holding. The bigger coins or tokens you have and when the price of Bitcoin in market will rise to a highest price then you are lucky because you can sell your coins in a bigger price. Become rich is depends on how you work in cryptocurrency because some are goes through investing to have a big profit.

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December 07, 2018, 08:09:22 AM
 #70

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
Yes it is the feature of this market that it have made many people rich and in the beginning it not only made the middle class rich but it also provide a way to make the poor people to become rich who invested in the very beginning. There are many other ways which are making us rich we have not lose the heart.
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December 07, 2018, 06:49:24 PM
 #71

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
How will we become rich if at the moment the interest in cryptocurrencies is very low?I see only how the rich turn into the middle class and not vice versa.
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December 07, 2018, 06:52:06 PM
 #72

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 do not think that the matter is in fear. People have chosen a strategy for the presentation. Each strategy is different. So everything will return to normal soon. Everyone understands that the cryptocurrency is promising and will continue to invest.

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December 07, 2018, 06:54:11 PM
 #73

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

Crypto currency is not a magic that can turn a middle class into rich people surely. Cryptocurrency is risky and the prices are volatile. If cryptocurrency trading and investment is as easy as that, a lot of people would have not suffered in the recent crash.
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December 07, 2018, 06:59:18 PM
 #74

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
well, it seems that middle class people would turn into rich on condition they are smart enough to understand how this technology works and how to play this game in general. then the tesult will be astonishing

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December 07, 2018, 06:59:34 PM
 #75

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

Crypto currency is not a magic that can turn a middle class into rich people surely. Cryptocurrency is risky and the prices are volatile. If cryptocurrency trading and investment is as easy as that, a lot of people would have not suffered in the recent crash.
yes you are right crypto is not magic that can change someone to get rich easily. if you want a lot of money then you have to do great things because it is a life formula in real life. and if you do things inappropriately, you can become poor for a short time

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December 07, 2018, 08:19:25 PM
 #76

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
You seem to as stupid as your post. All these delusional thoughts won't bring you any good. First of all, who told you that crypto currencies were made to turn poor people rich? Crypto currencies were to bring financial freedom. Investing on it has its own risks. You might end up being poor if you take the wrong step. Secondly, this forum is not for making money. We are here to discuss with each other and learn something new everyday.

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December 07, 2018, 08:44:42 PM
 #77

I agree that the future of cryptocurrencies, and we are now in this market. Many people came to the cryptocurrency market for a quick profit, and I think after such a fall, which we are now seeing, they will never come back here.
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December 07, 2018, 08:53:44 PM
 #78

Rather, cryptocurrencies can help the poor move to the middle class. Or the middle class in the poor for those people who decided to risk everything and went all in. I can only sympathize with such people.
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December 07, 2018, 09:08:28 PM
 #79

Crypto wasn't created to make people rich. The first cryptocurrency, Bitcoin, was created to cut out the banks and have another way to transfer money like value. Additionally, it was gonna be completely honest and transparent. And exactly like this Bitcoin indeed does function.

Bitcoin sort of just became this digital gold it was never originally gonna be.

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December 07, 2018, 09:10:00 PM
 #80

Yes, it is a chance for middle class,so i believe there is a chance for me as well.
I am going to become rich person thanks to crypto currencies

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