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Author Topic: Investing only for the rich? Think again  (Read 2250 times)
777Jolami
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April 29, 2021, 04:37:42 AM
 #181

The reality is I am not rich and live in a developing country in Asia.  But I love crypto and I'm passionate about business.  I wanted to open a caffe but didn't have enough funding, and I explored the crypto space, hoping to double the funding.  And to me, thus makes the hypothesis that only rich people invest is a FALSE conclusion.  Without any distinction between them, we are in the most advanced age.  Don't think in a conservative way.  Lol
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April 29, 2021, 04:47:47 AM
 #182

Investing is not only for rich,if you know how to manage your money that you want to invest even your not rich you will achieve a great profit. Some of investors now in crypto is not reach but they got a high profit because they know how to handle and manage it. It depends on how move you will do.

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April 29, 2021, 06:57:45 AM
 #183

I think investment can be made by various groups, not just the rich. precisely with investment can help someone's welfare in the future. and of course, if we are good at reading investment opportunities, it will certainly be faster to become people who have financial freedom

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April 29, 2021, 02:13:00 PM
 #184

I think investment can be made by various groups, not just the rich. precisely with investment can help someone's welfare in the future. and of course, if we are good at reading investment opportunities, it will certainly be faster to become people who have financial freedom
With 10$ when lucky with shit coin can make some one rich so there are not any way for investing only with rich person, you can check with new shit coin but have entry at the first time launching to public, better to buy on pre sale time because you can get more when coin listing on pancake swap exchange, I know many people know waiting with shit coin only and try invest with little fund.
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April 29, 2021, 02:52:34 PM
 #185

I think investing is not for the rich only because there are so many people who are into Investment to become a good investors. Many are into Investment to have more experience in making their investment successful.
Investing is not only for the rich. there are so many things involved in the areas of investing, such as improvement of market, knowledge, experience and development.

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April 29, 2021, 03:41:47 PM
 #186

Investment is not only for the rich, everyone can do investing as long as they want and as long as the money to invest, but the things about rich and poor people in investing are also that rich people have the advantage on it actually in many factors on our lives rich has always had the advantage compared to the normal person.  They can invest without any doubt of losing their money because they can still earn it by their own unlike to poor people who is afraid in investing, and rich people can invest huge money which can result of having huge profit as well.

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April 29, 2021, 04:34:34 PM
 #187

To begin with, investing is not just for the wealthy; everyone can do it if they have the funds and are willing to buy crypto and hodl it. Actually, we can still diversify our capital, even if it's just a few hundred dollars; we can still make a profit, but it won't be as big. Consider what happens if you put all of your money into one coin and it makes a lot of money, even if it's just a small amount.

Actually, if you've invested in a right and future coin, even if it's just 20 dollars, you can hit some x100 secret gems in defi.
Mauser
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April 29, 2021, 06:23:30 PM
 #188

To begin with, investing is not just for the wealthy; everyone can do it if they have the funds and are willing to buy crypto and hodl it. Actually, we can still diversify our capital, even if it's just a few hundred dollars; we can still make a profit, but it won't be as big. Consider what happens if you put all of your money into one coin and it makes a lot of money, even if it's just a small amount.

Actually, if you've invested in a right and future coin, even if it's just 20 dollars, you can hit some x100 secret gems in defi.

I agree, investing can be done by anybody and in any sizes. The rich people might have better opportunities and more help when investing but this doesn't guarantee success. If we do our own research and save on a monthly basis we can build up a portfolio over time. Like you said, putting 20 dollar in a crypto project is a good start. If we put the same amount in stocks, and maybe 10 USD just in bond fund, than we could grow a decent portfolio over time. The most important thing about portfolio management is to have reasonable expectations about the returns we can achieve. Getting 10% return per year would already be a good goal for the start in my opinion.
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April 30, 2021, 06:20:16 AM
 #189

To begin with, investing is not just for the wealthy; everyone can do it if they have the funds and are willing to buy crypto and hodl it. Actually, we can still diversify our capital, even if it's just a few hundred dollars; we can still make a profit, but it won't be as big. Consider what happens if you put all of your money into one coin and it makes a lot of money, even if it's just a small amount.

Actually, if you've invested in a right and future coin, even if it's just 20 dollars, you can hit some x100 secret gems in defi.
this is very possible considering that currently many coins have soared by thousands of percent. therefore, with the least amount of funds we still have the opportunity to invest and become new rich people as long as we are right in placing the investment

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April 30, 2021, 05:42:45 PM
 #190

There is no "business" only for the rich, no "investment" only for the rich. The problem is a little different - the poor do not have enough quality education, mentors, information to understand how such markets work. But do not forget - and the rich, with education, universities and consultants - do not necessarily become richer on investments, some of them go bankrupt or noticeably lose their capital. With which I agree - the rich have more conditionally free circulating assets for investment, while the poor have less. But no one says that investing $ 1 today - tomorrow you will earn a million, this is a long road, thorny, and not always leading to the desired goal

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May 27, 2021, 08:54:26 PM
 #191

In fact investment is not limited to rich people and it is free for all. However, the amount of profit will depend on how much resources you can invest. It is possible to make a small profit from small investments by our business. However, it would be better to have more capital to invest in crypto because you will not get the prescribed return from a token. So you can invest in more than two good currencies if you want because your profit will come from either one.
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May 28, 2021, 01:47:41 AM
 #192

In fact investment is not limited to rich people and it is free for all. However, the amount of profit will depend on how much resources you can invest. It is possible to make a small profit from small investments by our business. However, it would be better to have more capital to invest in crypto because you will not get the prescribed return from a token. So you can invest in more than two good currencies if you want because your profit will come from either one.
indeed capital affects our return on investment, but knowledge will be much better for investing. especially in the highly volatile cryptocurrency market, we will easily get multiple returns as long as we can analyze it well. therefore is capital still the main reason to start investing ...
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May 28, 2021, 02:07:55 AM
 #193

There is no "business" only for the rich, no "investment" only for the rich. The problem is a little different - the poor do not have enough quality education, mentors, information to understand how such markets work. But do not forget - and the rich, with education, universities and consultants - do not necessarily become richer on investments, some of them go bankrupt or noticeably lose their capital. With which I agree - the rich have more conditionally free circulating assets for investment, while the poor have less. But no one says that investing $ 1 today - tomorrow you will earn a million, this is a long road, thorny, and not always leading to the desired goal
Well said, no one is stopping us to invest regardless if you're rich or poor, the only difference is the capital to use. But sometimes its not about on your status in life and the education you have. I know few people who dont have a college degree but managed to become successful through their own hardwork and experience. Rich people has an edge to diversify their investment with high percentage but it doesnt mean poor cant do that. We can start in scratch and it depends on our strategy and plan how to possibly succeed.

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May 28, 2021, 07:07:07 PM
 #194

In fact investment is not limited to rich people and it is free for all. However, the amount of profit will depend on how much resources you can invest. It is possible to make a small profit from small investments by our business. However, it would be better to have more capital to invest in crypto because you will not get the prescribed return from a token. So you can invest in more than two good currencies if you want because your profit will come from either one.
indeed capital affects our return on investment, but knowledge will be much better for investing. especially in the highly volatile cryptocurrency market, we will easily get multiple returns as long as we can analyze it well. therefore is capital still the main reason to start investing ...

In this issue, what many do not see and few apply, investment is an issue that for many is difficult to handle, because now many think that investment is for the rich because they introduce money and can wait for time It may be necessary until you obtain benefits, which is what you are looking for, but for a normal person the investment is difficult because they usually always need that money that is in investment, and it is understandable, not everyone has the same capacity to endure without that money that sometimes they really need, be it emergia or any other problem that arises.

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May 29, 2021, 08:07:58 PM
 #195

In fact investment is not limited to rich people and it is free for all. However, the amount of profit will depend on how much resources you can invest. It is possible to make a small profit from small investments by our business. However, it would be better to have more capital to invest in crypto because you will not get the prescribed return from a token. So you can invest in more than two good currencies if you want because your profit will come from either one.
indeed capital affects our return on investment, but knowledge will be much better for investing. especially in the highly volatile cryptocurrency market, we will easily get multiple returns as long as we can analyze it well. therefore is capital still the main reason to start investing ...
Yes, capital without having the knowledge and skills in analyzing the cryptocurrency market will of course be in vain,
besides that analyzing the cryptocurrency market is certainly not easy so we also need to learn,
In choosing coins to invest, of course you have to be right so that it will be profitable

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May 29, 2021, 09:16:32 PM
 #196


Yes, capital without having the knowledge and skills in analyzing the cryptocurrency market will of course be in vain,
besides that analyzing the cryptocurrency market is certainly not easy so we also need to learn,
In choosing coins to invest, of course you have to be right so that it will be profitable
That is a common mistake now, many had come into crypto because they have money but in the end, they don't know how to work on it.
Many of them just realize their fault right after their losses, too unfortunate that it is a need for that moment to come before it was noticed(this was before). But what I notice in the present time, the majority had already prepared themselves before entering crypto that is why, if we take a look at the market and analyze the trend, only a few people get panic while the majority remains calm.

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May 29, 2021, 11:34:48 PM
 #197

Why do we have to think that investing is only for the rich?
We must put that thought away, I think that since the invention of bitcoin that paradigm has been broken.

An example: Today you can invest from $ 15 in bitcoin in Binance and if we are careful and we are attentive to nurture our investment we can make a lot of money. As we know despite the circumstances that crypto holders go through, our investment is more profitable than having it stored in banks.

Although everyone here knows how to buy bitcoin on Binance I leave this link for newbies so as not to create confusion.

https://www.binance.com/en/blog/318034612921425920/How-to-Buy-Bitcoin-A-Quick-Guide-from-Binance

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May 30, 2021, 12:01:44 AM
 #198

I have that "bitcoin data center", on my mind. Its huge profit place when i got it running. Place will be on "New Land", Finland area

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May 30, 2021, 04:53:06 AM
 #199

Well, if I have only $10 left, what should I invest in to multiple my investment?
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May 30, 2021, 10:40:54 AM
 #200

I think, rich people can do investing anytime and whatever amount they invest because they have a lot money. But some people who have enough money to support everyday, they can't invest. But I learn from other we can invest even we are poor, we can save money and invest them make sure you invest in right project or business.

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