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Author Topic: 2020-2021 best year if You Want to become rich no skills needed  (Read 1420 times)
oHnK
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November 24, 2020, 04:02:06 PM
 #81

Please do not take loans and invest into Crypto, this bull rn cans stop or pop anytime, we saw what happens in 2018. If you don't have any skill get a job, I believe there are jobs you can still get and will train you on how to go about things, the risk of investing into Crypto is high enough not to talk or taken loans to invest into it. You can see things you have and invest into Bitcoin that is your property but taking loan should be discouraged

Taking a bank loan to invest in crypto is reckless without planning.  It would be like an act of luck testing without hedging being performed.  If you put eggs in one container, it will be a boomerang for you.  You are legitimate if borrowing money for more productive activities is not just an act of trial and error.  The crypto market still carries a very high risk, right now it is in hype, but if one hit collapses then you also ruin your real life.
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November 24, 2020, 04:03:04 PM
 #82

I believe that the whole of 2020 will be successful for every bitcoin holder, especially considering the prices in April at $ 6,500, and today the price of Bitcoin has climbed to $ 19,290. In addition, I believe that these are not the maximum results of 2020, as the growth will continue. And the new peak of the bitcoin rate will be in 2021.

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November 24, 2020, 04:18:37 PM
 #83

Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy



You still need skills, skills on how to invest and on how to look for the right coin to invest and when is the right time to buy and the right to sell, so many investors lose their money thinking that they can just buy and forget everything.
Even those HODLERS have a skill on how to pick the right coin and when to buy and sell it, you also need the right knowledge on how to protect your assets from hackers and scammers.

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November 26, 2020, 11:57:01 PM
 #84

Not only this period is good for making money, at all times something happened that led to a sharp rise or fall in the price of any asset. The only thing that is difficult to disagree with is the fact that due to the problems of this year, the demand for Internet services for the provision of any services has greatly increased, as well as Internet assets, namely cryptocurrencies, which has led to an increase in their prices.

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November 28, 2020, 06:33:14 AM
 #85

Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy


I don't think it's good for investing, especially in crypto using borrowed money, because the risk is too high. However, if you are lucky you can get a big profit.

Btw I agree that this is a pretty good time to invest in crypto.

In bitcoin which is very much unstable borrowing can be highly risky as in last few days how it has been moving so nothing predictable and still do not know which ways it can go from here. It’s like a chance you take and if lucky you make money else you end up losing big and with borrowed you also pay interest along with losses you may incur so that is bad move too.

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November 28, 2020, 06:45:02 AM
 #86

Please do not take loans and invest into Crypto, this bull rn cans stop or pop anytime, we saw what happens in 2018. If you don't have any skill get a job, I believe there are jobs you can still get and will train you on how to go about things, the risk of investing into Crypto is high enough not to talk or taken loans to invest into it. You can see things you have and invest into Bitcoin that is your property but taking loan should be discouraged

Taking a bank loan to invest in crypto is reckless without planning.  It would be like an act of luck testing without hedging being performed.  If you put eggs in one container, it will be a boomerang for you.  You are legitimate if borrowing money for more productive activities is not just an act of trial and error.  The crypto market still carries a very high risk, right now it is in hype, but if one hit collapses then you also ruin your real life.
Goodluck if you do this .
50/50 chance actually, especially if you patient enough , taking loan is not really bad idea at all.
You need to have a plan , multiple plan indeed not a single plan that could make you in bankruptcy .
I mean you should never cash the profit out if the whole fund is not sufficient to cover the interest, wait until it is completely cover it all.
If you dont take any risk during this pandemic which yes become an opportunity to make money through crypto investment , you will not find the time like this anymore in the future.
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November 28, 2020, 01:35:34 PM
 #87

To hodle btc You Don't need be genius!!

To Buy Low cap coin and make 1 year 100x-1000x.

That's all don't really take much of education or to be genius!!

What it takes is this :

Open mindset for new and unknown things.
Fearless action,

Its not just crypto its also the stock markets.
We had Spring pandemic, many even rookies made a lot profit out of this situation!!

So the 2020 to 2021 even until 2022 are the best year If you have little education little brain and maybe little capital to make your fortune.

Don't forget guys that the golden 90s was exacly same that those who took the action was reaping the highest rewards years later.

Was they all genius and smart and educated?
Not at all just they did not stand by and complaining they took the all the possible Opportunity

Every crisis will create more billionaires then Ever
South Park
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November 28, 2020, 09:58:32 PM
 #88

Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy
This idea is precisely what lead to bubbles, people see the market going up constantly and they think they want to get some of that money for themselves thinking it will be very easy, but smart investors know this is precisely what those people are going to think and as  soon as those people come to the market then they sell their coins, crash the price and those people are now left with the difficult decision of keep holding their coins or sell immediately for a loss, and since they do not have any training and knowledge about the markets for the most part they take the wrong choice and lose most of their money to the markets, then they begin to complain that it was a scam when it was their own ignorance that caused them to lose so much money.
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November 28, 2020, 10:05:17 PM
 #89

To hodle btc You Don't need be genius!!

To Buy Low cap coin and make 1 year 100x-1000x.

That's all don't really take much of education or to be genius!!
You are right that it requires not to be a genius for someone to buy bitcoin, hold it and then sell it at profit. But the second choice isn't a wise thing to do, IMHO. Instead of buying those low cap coins and wishes it to have 100x, invest it in bitcoin.

Hoping that you'll get 100x with a low cap coin you bought isn't bad but, you have a lower chance to see it. Bull comes to bitcoin and then it will do the same for altcoins but without a guarantee that the coin of your choice will be affected.

darewaller
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November 29, 2020, 03:03:28 PM
 #90

So, this post was made in August when the price was still on its way up so imagine people who saw this but neglected it because they were scared to invest money in Bitcoin? They will all be regretting that they never took the advice to invest. Some of them will still be confused till now as whether to invest or not, and as they are there the price keeps on increasing.

I know it will be difficult at this time because the price is high and the fall back recently from $19,000 to $16,000 will scare the hell out a lot of people. The price has started a move upwards again, maybe we might be hitting new price this year.
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November 29, 2020, 03:16:54 PM
 #91

I wouldn't advice anyone to take a loan to invest in crypto currency. It's like borrowing money to gamble.
Cypto profits may come in few days or years, it's unpredictable, but a loan starts with a timeline to be repaid. If the person isn't able to make his investment worth by the loan timeline it's game over, as the bank interest will start accumulating frighteningly. It's a very unresponsible decision to do so.

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November 29, 2020, 03:35:10 PM
 #92

I wouldn't advice anyone to take a loan to invest in crypto currency. It's like borrowing money to gamble.
Cypto profits may come in few days or years, it's unpredictable, but a loan starts with a timeline to be repaid. If the person isn't able to make his investment worth by the loan timeline it's game over, as the bank interest will start accumulating frighteningly. It's a very unresponsible decision to do so.
Loan is not a solution it will be better to do online jobs and use that amount for trading. Loan will have addition interest while if we know how to trade and have other skills to offer crypto services then it's better to start with that.

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November 29, 2020, 05:04:10 PM
 #93

I wouldn't advice anyone to take a loan to invest in crypto currency. It's like borrowing money to gamble.
Cypto profits may come in few days or years, it's unpredictable, but a loan starts with a timeline to be repaid. If the person isn't able to make his investment worth by the loan timeline it's game over, as the bank interest will start accumulating frighteningly. It's a very unresponsible decision to do so.
Loan is not a solution it will be better to do online jobs and use that amount for trading. Loan will have addition interest while if we know how to trade and have other skills to offer crypto services then it's better to start with that.
it is true it is not advisable to get a loan and then gamble it into trading or any kind of crypto currencies without any knowledge on what you are doing , yet you still need kind of knowledge to do some stuff when your about to risk your money it is not about the profit it is all about knowledge and learning because if you lose you don't know what to do next, Then you cannot pay your loan until you will be grave in debt and if that's happen it really hard for you to be on top again.
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November 29, 2020, 11:02:46 PM
 #94

I wouldn't advice anyone to take a loan to invest in crypto currency. It's like borrowing money to gamble.
Cypto profits may come in few days or years, it's unpredictable, but a loan starts with a timeline to be repaid. If the person isn't able to make his investment worth by the loan timeline it's game over, as the bank interest will start accumulating frighteningly. It's a very unresponsible decision to do so.
Loan is not a solution it will be better to do online jobs and use that amount for trading. Loan will have addition interest while if we know how to trade and have other skills to offer crypto services then it's better to start with that.

Some people can take that risk man, of course that's a huge gamble but if you are lucky enough you can still make a decent profit and you'll be able to pay the loan on time. We don't know what every trader or investors are thinking, if it's in my case, if I can borrow like $5000 and payable in 1 year, I would not hesitate to borrow it, but I would only invest if the market is bearish, not the current situation though.

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November 30, 2020, 06:49:14 AM
 #95

Taking loans to invest in bitcoin is a bad idea because there is no guarantee you will get a profit in bitcoin when you start to invest your money in it. Taking loans will only make you suffer from huge debts if you don't get profits in your investment, especially when bitcoin suddenly goes down; that is why it's much better if you try to invest your money in bitcoin.

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November 30, 2020, 04:18:16 PM
 #96

I would say I have been involved with crypto for a long time now, been too many years, and I have never seen any year where you can be profiting this many methods in crypto before. I agree that you do not need many skills, you need some capital to work with and as long as you have that type of capital you could definitely try to find one of many ways you could make a profit from as well.

I imagine making profit many ways would be a great way to not put all your eggs in one basket which is a great advice for many investors, so you could have like 10 different methods of making money in crypto at the same time and it could be very profitable for you in the long run. Obviously you still have to be more careful but we are waaaay beyond the "buy and hodl" period of crypto.
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December 01, 2020, 03:03:26 PM
 #97

Its a best time for People to become rich.
Don't need skills just Invest in crypto stocks Gold and take Easy loans

I Think its a best time for People without skills or Much of Knowledge to become wealthy.
 Tongue



When times are hard and no money in circlelation then its hard for People without any skills or education to prospel
Now its a time When a lot money will be Every Where and People like me without skills or education Can Finnally become rich and wealthy



Making loans to invest is a bad idea and if you want to invest you need enough knowledge about it so that you can research and study the project that you want to invest. Investing is not easy like what you think. You need to think and be careful because investing is full of risk. Be sure that you are really sure about the project you are going to invest. Even in crypto you need knowledge if you want to earn much bigger.

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December 01, 2020, 04:58:59 PM
 #98

I wouldn't advice anyone to take a loan to invest in crypto currency. It's like borrowing money to gamble.
Cypto profits may come in few days or years, it's unpredictable, but a loan starts with a timeline to be repaid. If the person isn't able to make his investment worth by the loan timeline it's game over, as the bank interest will start accumulating frighteningly. It's a very unresponsible decision to do so.
Well, yeah as much as I know the price will inflate in coming time, I hate loans even more specially when there is no proper logic behind it. I mean if you are taking loans because you have a good and no risk method to make more money with it, then go ahead and take one but if you are unsure about the outcome then it is indeed like gambling and taking loans.

Also one thing you need to understand is how much the interest is and how much the profit will be because at times you get overjoyed by a particular idea and take loans but later the profit is lower than the interest and it ends up being a bad investment.

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December 01, 2020, 06:49:18 PM
 #99

Some people can take that risk man, of course that's a huge gamble but if you are lucky enough you can still make a decent profit and you'll be able to pay the loan on time. We don't know what every trader or investors are thinking, if it's in my case, if I can borrow like $5000 and payable in 1 year, I would not hesitate to borrow it, but I would only invest if the market is bearish, not the current situation though.
But, you must have a backup plan because if things don't go as planned what are you going to do then? You surely don't have savings else you would take loan in first place so it becomes a very dicey situation.

Still I do feel that if one just borrows money and buy bitcoins for all the money then they will actually benefit much more because the growth is much faster than the repayment and you can easily pay out although a very risky thing to do. I would actually suggest doing that with your savings if you have any so that you are not under the pump of repayment.

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December 01, 2020, 09:05:31 PM
 #100

When times are difficult, of course it will make anyone who is less fortunate or lacks skills, at least it will be difficult to earn an income. So, how can everyone become rich without any capital to invest. Indeed, when you have money but you don't have the skills it can still make you successful, but it's different if they don't have and don't have the skills and with a difficult situation it will make their life more difficult, because basically skills are the main factor for you can succeed.

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