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Author Topic: Can a poor man get his chance to be rich in Crypto?  (Read 1191 times)
giammangiato
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November 09, 2021, 11:13:32 AM
 #41

Poor man have like hundred percent chance to be rich on Earth through cryptocurrency, the way the poor can get out from poverty through cryptocurrency is through plans to get little money to start up something meaningful in cryptocurrency circle, secondly investing in cryptocurrency through trading at first, thirdly going into buying and holding of cryptocurrency for long stay like annually or two years difference of holding a crypto.


I am an example, I have been out of work from 2014 to 2016, I have not become rich with cryptocurrencies but I have had my opportunities to live, now I am aiming to improve my lifestyle  Roll Eyes Roll Eyes
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Jazzi Mahesh
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November 09, 2021, 06:10:30 PM
 #42

You could become rich in crypto or you could end up losing it all in the same. So, be careful before you indulge in the Crypto Trading.
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November 11, 2021, 11:16:05 PM
 #43

With a lot of dedication, you can move mountains and achieve anything you set your mind to! Always think positive and VERY IMPORTANT Think about what you want and not what you do not want!
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November 12, 2021, 02:24:28 AM
 #44

in the world everything is possible ; the rich can turn into poor and the poor can become rich, while in the world of cryptocurrencies it provides more opportunities to be rich even though it is only the lower middle class and little capital or even no capital because we can sell the services we can and make trades or investments that are affordable. allows one to profit over and over again. so don't worry guys.....it's all up to us to get that chance
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November 21, 2021, 06:15:55 AM
 #45

I have always thought of Cryptocurrency to be a middle class and rich class' investment. You can take risks investing $10,000 or $100,000. Hell, even $1,000 can be an investment now and the rich man and the middle class can have that amount to spend. My question is, how about the poor guy? Does he have the opportunity to be able to turn his life around and become rich in crypto? I put this in the serious discussion so at least we can discuss this without promoting any specific coin. I have some struggling friends who I like to help but they have this life where their salary is only enough to feed themselves for the day and they can barely save $100 for other things. Let's be real, will he be able to get the life he wants with crypto? I appreciate your thoughts on this.
Poor people can be rich poor brains can't be rich we can invest as min. as 1$ and make anything out of it or without investing you can earn crypto.
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November 23, 2021, 04:55:05 PM
 #46

The first is his desire and commitment in the crypto space, if we don't have the capital to invest or trade, we can still do it with bounties and air drops. We, as participants, were clearly not asked for capital to participate in the campaign. And if later you have got results, then feel free to trade to take advantage in the market. So basically, not only the rich or the middle class, as long as there is a desire, everyone can use crypto.
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November 30, 2021, 10:07:29 AM
 #47

A poor man is going to have a hard time making it rich if he is only investing in bitcoin since it is worth so much currently.

Maybe he can experience getting rich from investing in a alt-coin with hopes that it becomes the next big thing.
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December 05, 2021, 08:38:29 PM
 #48

The chance of poor man and woman getting chance to be rich in bitcoin is proportional to the rich man and woman getting rich because what it is involve is money to establish the investment, a poor can lend money and invest in the cryptocurrency and achieve a profit that bigman / rich man can not achieve from cryptocurrency, everything is luck.
Bollexz1
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December 07, 2021, 10:35:05 PM
 #49

Of course yes, as long as he/she is ready to have his/her life turn around. Matter of fact, I started crypto back in 2017 filling Airdrops, clearly because I don't have that power to invest a single dollar but now I'm a living testimony and I can invest all I want.
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December 18, 2021, 11:04:51 PM
 #50

You could become rich in crypto or you could end up losing it all in the same. So, be careful before you indulge in the Crypto Trading.
You are saying what you don't know if I'm not mistaken for anything, cryptocurrency we know very well have change many people story f
 since it have launched and brought to the light, i know many people today who set up infrastructure's with bitcoin, so explaining should be based on what you notice
swiftxi
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January 01, 2022, 12:48:08 PM
 #51

.
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January 01, 2022, 01:51:17 PM
 #52

A poor man is going to have a hard time making it rich if he is only investing in bitcoin since it is worth so much currently.

Maybe he can experience getting rich from investing in a alt-coin with hopes that it becomes the next big thing.

If you want to trade secure investments for risky investments, of course you can make more money. But the likelyhood of you losing even more money is much higher. Your argument for Bitcoin having such a large market capital and therefore less volatile swings is not really a good one, at least not in my eyes. I would say Bitcoin is more worth investing in, unless you like to gamble with risk for a chance at higher percentages...
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January 02, 2022, 10:40:31 PM
 #53

Cryptocurrencies are the land of opportunity for everyone and regardless of financial background or financial muscle everyone has a shot at that six figure cheque.
And imagine being among the mit students who were given 100 dollars worth of bitcoin but never held but bought food but if they held it would have grown 100 fold so its also about the mentality one has.
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January 03, 2022, 01:07:31 AM
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 #54

in fiat. to get rich. you need alot of chances.
whether its passing certain qualifications to get noticeable credits to put on your resume, to then get you a job that can pay you fairly and support you to accumulate wealth.

whether its being picked at an interview amongst the hundreds of other applicants that meet the job role requirements

whether its fulfilling your duties in work to such a high standard you are awarded promotions

..
in crypto. there is no need of a resume. you dont even need to have a elegant business plan shown to a bank manager just to open a business bank account to start a business. in crypto you just need a 32byte scrabble of digits as your private key.

starting a crypto business is easier than a fiat business. you dont need to have a business account and then pay a PoS system for their commerce software, nor their Visa/Mastercard terminal. you just need to convert your public address into a QR code to show customers. thats it.

people can sell literally anything, clothes, devices, touristy stuff, gadgets gizmo's, fluffy bunnies (anything)

if you can find something alot of people want and you can source it cheaper than average retail prices. you can sell it for crypto and not have the hassle of the old banking system applications crap.
you can literally start up within minutes.

as for accredited qualifications. there are not really any. just learn via practice. think of what niche service/project is needed most and learn how to do it yourself. save yourself 4 years of your life and save yourself from the college debt.

display your learned skills by examples/portfolio of work/github commits.
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January 03, 2022, 04:45:06 PM
 #55

Any person and any state in life has the hope of getting rich and entering the cryto world. There is also a greater chance that those who come from hard work will develop better because they can really see the perseverance and diligence in what they do and it will really focus on and study carefully how to invest and earn money. As long as a person has a dream no matter what state of life there is a great chance to thrive until he achieves comfort in life. Because people who come out of poverty know how to starve so they will do everything they can to earn as long as it is a dignified work. Especially in today's time of poverty and pandemics so everyone is making a way to make money and buy food so many also gamble on cryptocurrencies. Just do your research and first study the potential of crypto that you want to invest in, the money you have worked hard to invest will definitely grow quickly.
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January 11, 2022, 06:16:25 PM
 #56

You can get rich with cryptocurrencies, but don't try to do it overnight. The more you research high-potential products in the cryptocurrency and blockchain industry, the more potential you will see it. Tons of developers work every day to build future products that solve real-world uses.
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January 12, 2022, 05:52:09 AM
 #57

at one point of time, yes.

now, no. not any more.

unless u buy a shitcoin that gets pumped through the roof.

but even that is unlikely since there r thousands of them now.

it'd be like buying lottery tickets and hope u get lucky.
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February 05, 2022, 01:59:28 PM
 #58

Yes. A poor man can get rich by buying bitcoin like he was addicted to it.  Every time he has $5, he buys bitcoin. He never sells it. Ten years from now, he'll be rich.
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February 07, 2022, 05:33:10 AM
 #59

It is the beauty of crypto market that if you have zero investment then you can earn money from airdrops. In airdrops you just need to complete some simple steps and you get a airdrop. There is no investment required for joining airdrops. If a poor person come in this market and have zero investment then i prefer him to join all airdrops and after earning from airdrops then he invest this amount in a strong project and after some time he have lot of money. Its a time taking process and long term process. But a poor person can earn handsome money from this market
Jazzi Mahesh
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February 14, 2022, 06:16:42 PM
 #60

Yes, you can make money with cryptocurrencies. Given the inherent volatility of cryptoassets, most involve a high degree of risk, while others require domain knowledge or expertise. Trading cryptocurrencies is one of the answers to how to make money with cryptocurrencies.
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