Buy Crypto Or Have Fun Staying Poor!

[boyptc]

Honestly, it's encouraging me when I see myself holding a pile of cash. But that won't go anywhere because I have to spend them for the bills and other expenses and needs.

There are other ways for the others to thrive and it's not just all about cryptocurrencies. They can hedge against inflation through other investments.

The important matter on this, they're doing something to counter the inflation that's always coming, yearly! To us, it's easy to do that since we're all investors of bitcoin and other crypto assets.

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[Natalim]

Honestly, it's encouraging me when I see myself holding a pile of cash. But that won't go anywhere because I have to spend them for the bills and other expenses and needs.

that can be the same investing cryptocurrency and the tendency is you will sell them and spend.

There are other ways for the others to thrive and it's not just all about cryptocurrencies. They can hedge against inflation through other investments.

The important matter on this, they're doing something to counter the inflation that's always coming, yearly! To us, it's easy to do that since we're all investors of bitcoin and other crypto assets.

It wasn't eventually investing crypto will make us rich but sometimes this will also be the reason for our losses that especially if we can't manage it correctly, many people do.

I invest in crypto, not for the reason that I would like to become rich but what I'm thinking is that I'd secure my future and my family.

[Kasabus]

Honestly, it's encouraging me when I see myself holding a pile of cash. But that won't go anywhere because I have to spend them for the bills and other expenses and needs.

There are other ways for the others to thrive and it's not just all about cryptocurrencies. They can hedge against inflation through other investments.

The important matter on this, they're doing something to counter the inflation that's always coming, yearly! To us, it's easy to do that since we're all investors of bitcoin and other crypto assets.

If we only stick to fiat, then expect that inflation will always be a part of it. But if we can invest into other types of investments that can combat high rising inflation, particularly bitcoin, i think it will create more profits than fiat. And now is the best time to start it while there is good opportunity to buy. So start buying crypto and make it as your long term investment as it will always gain higher value when its hold for long. However, if you stick to fiat, then you can never stay out easily from being poor.

[AmoreJaz]

Honestly, it's encouraging me when I see myself holding a pile of cash. But that won't go anywhere because I have to spend them for the bills and other expenses and needs.

There are other ways for the others to thrive and it's not just all about cryptocurrencies. They can hedge against inflation through other investments.

The important matter on this, they're doing something to counter the inflation that's always coming, yearly! To us, it's easy to do that since we're all investors of bitcoin and other crypto assets.

If we only stick to fiat, then expect that inflation will always be a part of it. But if we can invest into other types of investments that can combat high rising inflation, particularly bitcoin, i think it will create more profits than fiat. And now is the best time to start it while there is good opportunity to buy. So start buying crypto and make it as your long term investment as it will always gain higher value when its hold for long. However, if you stick to fiat, then you can never stay out easily from being poor.

there are many ways how to invest your money, not only in crypto. some people are not good in trading so they will opt for other tangible assets like real-estate. so for me, not all crypto users or traders will attain the same success. it depends on how you manage your funds not only in crypto but in fiat as well.
think of where you are good at, and cultivate it. you can always get the success outside crypto, it is only up to you how you will act on opportunities.

[kawetsriyanto]

Who can guarantee that every poor man can improve his income once investing/trading in crypto?
You also think that crypto isn't for everyone, only people who want to learn and have good self-control can join crypto investment. And the most important thing is that to join crypto investment, you need some money. Don't tell me that you suggest poor people borrow money for crypto investment/trading.  

By the way, investing in crypto is a choice and must from self intention. If the purpose is to be rich instantly, I can say the chance to succeed will be very small because greed may ruin your realistic mind. So, be careful to say this to random people, especially for those people who have no money to invest/trade. It even leads them to a worse situation.

[lienfaye]

Who can guarantee that every poor man can improve his income once investing/trading in crypto?
You also think that crypto isn't for everyone, only people who want to learn and have good self-control can join crypto investment. And the most important thing is that to join crypto investment, you need some money. Don't tell me that you suggest poor people borrow money for crypto investment/trading.  

Indeed. Crypto is profitable for someone who has knowledge about it and know how to take advantage every situation. Its not a guarantee that you'll gain but there's a high chance. In fact many investors already become a huge gainer. But its not for everyone because its not easy as it seems unless if you're really determine to learn and make money from it.

By the way, investing in crypto is a choice and must from self intention. If the purpose is to be rich instantly, I can say the chance to succeed will be very small because greed may ruin your realistic mind. So, be careful to say this to random people, especially for those people who have no money to invest/trade. It even leads them to a worse situation.

As I have said, if someone is determine to learn and serious about it then it can change your life if you succeed. It takes a lot of effort and you should be willing to take risk.

[judaspriest]

Honestly, it's encouraging me when I see myself holding a pile of cash. But that won't go anywhere because I have to spend them for the bills and other expenses and needs.

There are other ways for the others to thrive and it's not just all about cryptocurrencies. They can hedge against inflation through other investments.

The important matter on this, they're doing something to counter the inflation that's always coming, yearly! To us, it's easy to do that since we're all investors of bitcoin and other crypto assets.

If we only stick to fiat, then expect that inflation will always be a part of it. But if we can invest into other types of investments that can combat high rising inflation, particularly bitcoin, i think it will create more profits than fiat. And now is the best time to start it while there is good opportunity to buy. So start buying crypto and make it as your long term investment as it will always gain higher value when its hold for long. However, if you stick to fiat, then you can never stay out easily from being poor.

there are many ways how to invest your money, not only in crypto. some people are not good in trading so they will opt for other tangible assets like real-estate. so for me, not all crypto users or traders will attain the same success. it depends on how you manage your funds not only in crypto but in fiat as well.
think of where you are good at, and cultivate it. you can always get the success outside crypto, it is only up to you how you will act on opportunities.

It all depends on each person because there are people who are more comfortable investing in crypto and vice versa there are also those who are comfortable investing in real estate,
in any investment need good management and each person has his own way

[boyptc]

Honestly, it's encouraging me when I see myself holding a pile of cash. But that won't go anywhere because I have to spend them for the bills and other expenses and needs.

There are other ways for the others to thrive and it's not just all about cryptocurrencies. They can hedge against inflation through other investments.

The important matter on this, they're doing something to counter the inflation that's always coming, yearly! To us, it's easy to do that since we're all investors of bitcoin and other crypto assets.

If we only stick to fiat, then expect that inflation will always be a part of it. But if we can invest into other types of investments that can combat high rising inflation, particularly bitcoin, i think it will create more profits than fiat. And now is the best time to start it while there is good opportunity to buy. So start buying crypto and make it as your long term investment as it will always gain higher value when its hold for long. However, if you stick to fiat, then you can never stay out easily from being poor.

Its part of it, the fiat, inflation will never be avoided. The reason why we invest is to make a profit and as well as fight and hedge against inflation.

There are investors that are not fond of investing in crypto but they're still investors because they've invested in other assets. As long as they're able to have their own investments, I think that's what matters.

But to us, we know how bitcoin will help us to fight against inflation and this is the reason why we're holding. We know that in the future, price of it would be higher than what we're expecting.

[cheezcarls]

If you're still primarily holding fiat, you're not paying attention to what we do here on a daily basis. Inflation, according to Elon Musk, is the most regressive of all the tasks. The US dollar has been the strongest currency for the past 100 years, yet it has lost 95% of its purchasing value since 1913. Fiat currency will always lose value over time, but cryptocurrency will always gain value over time; the two are moving in different directions. According to recent studies, 40% of all US dollars in circulation were printed in the last twelve months. Every day, they are printing away our wealth. Opt out and invest in cryptocurrency instead.

We can’t escape from inflation in which that’s what we are experiencing nowadays in our respective local currencies like the USD. It’s either we just stay put and remain poor or being contented the way we live in, or we do something about the money that can make it grow even more and cryptocurrencies are the answer. Although that stocks are the other option, but they are centralized and we don’t have the custody of it.

I just don’t know where would I be right now without knowing Bitcoin and cryptocurrencies. Without it, I would remain poor, living in debt and a disappointment to my family. Good thing that I have decided to enter this industry years ago and until now I am happy with it.

[TheNineClub]

If you're still primarily holding fiat, you're not paying attention to what we do here on a daily basis. Inflation, according to Elon Musk, is the most regressive of all the tasks. The US dollar has been the strongest currency for the past 100 years, yet it has lost 95% of its purchasing value since 1913. Fiat currency will always lose value over time, but cryptocurrency will always gain value over time; the two are moving in different directions. According to recent studies, 40% of all US dollars in circulation were printed in the last twelve months. Every day, they are printing away our wealth. Opt out and invest in cryptocurrency instead.

Ok, but saying that shit will hit the fan because the US printed money is actually overly simplifying the intricacies of the economy, and really not saying much. Look at the somewhat recent video from Economics Explained, where he dissects some of the issues regarding how inflation works. Also, crypto will always gain value over time? There is no evidence of that, that's just wishful thinking. Always is really unspecific of a time frame, and nothing and I mean NOTHING has continuous growth.

[Fatunad]

It all depends on each person because there are people who are more comfortable investing in crypto and vice versa there are also those who are comfortable investing in real estate,
in any investment need good management and each person has his own way

Everyone has their own choice in terms of investing the money they have, because indeed people's knowledge and experience is certainly very different, for some people may not understand crypto, but they are actually very good at seeing opportunities from real estate, and vice versa , but what is certain is that all investments that we make have the same goal, namely PROFIT.

And this is true and this is where people should be mainly focused on and doesnt matter whether its on real estates or crypto market as long it could really give out those chances and opportunity to make money then
it would really be just normal on having this kind of action to be made.It all matters with some effort and understanding on what you are dealing with.As long you do know on what you are doing
and be aware on the risks involve then you're good to go but of course dont expect that everything would turn out to be positive because reality doesnt really
work that way.

[Fortify]

If you're still primarily holding fiat, you're not paying attention to what we do here on a daily basis. Inflation, according to Elon Musk, is the most regressive of all the tasks. The US dollar has been the strongest currency for the past 100 years, yet it has lost 95% of its purchasing value since 1913. Fiat currency will always lose value over time, but cryptocurrency will always gain value over time; the two are moving in different directions. According to recent studies, 40% of all US dollars in circulation were printed in the last twelve months. Every day, they are printing away our wealth. Opt out and invest in cryptocurrency instead.

"What we do here on a daily basis" - Don't claim to know the financial affairs of everyone here. There are some people who are dirt poor and in debt, trying anything to find a way out but having no funds at all to start. A small group of people will have gotten lucky enough to cash out Bitcoin at the right times (note: converted to fiat) and are living a very comfortable life right now. There are others who come here out of curiosity, to keep up to date with crypto news but have their investments held in other places. It's simply a ridiculous and mindless philosophy to "hold forever" because people need fiat currency to live in the real world, you must convert it to enjoy any potential gains. Plenty of people keep money in the stock market which has beaten inflation over the long term and will also be a method of support.

[barbara44]

We can’t escape from inflation in which that’s what we are experiencing nowadays in our respective local currencies like the USD. It’s either we just stay put and remain poor or being contented the way we live in, or we do something about the money that can make it grow even more and cryptocurrencies are the answer. Although that stocks are the other option, but they are centralized and we don’t have the custody of it.

I just don’t know where would I be right now without knowing Bitcoin and cryptocurrencies. Without it, I would remain poor, living in debt and a disappointment to my family. Good thing that I have decided to enter this industry years ago and until now I am happy with it.

Money could always be grown, you could find ways to grow your money but that amount could still fail under the inflation level, that is the problem. If I get 5% raise in USA this year, that doesn't mean I grew in salary, it means I lost money because of inflation. People long forgotten this and just accepted their faith, but the reality is that we could always make a request to our jobs to give us a better pay.

With the amount of people quitting and becoming antiwork, you will soon realize that companies who used to pay very little just to make some more profit, will end up paying more to continue making a profit. All the companies will have to accept the fact that they need to pay more. Strikes usually end in nothing good, especially in my nation, but if you quit, if everyone quits, then they have to pay you or they will bankrupt, since without workers no business can survive.

[herurist]

Who can guarantee that every poor man can improve his income once investing/trading in crypto?

This is a sad reality. Not everyone that's poor is encouraged to get out of poverty as they can't stay there forever. There are those people that have already accepted their fate and already lost enthusiasm about life. And we've got situations to deal with and that's why others even if they want to invest, just can't spend a single penny because there's already the obligations that they have waiting for them to pay for. But I know of a known quote, "if there's a will, there's a way".

on the other hand I think almost all poor people want to change their lives so that at least it is better than their current condition but the problem is that they don't all have the opportunity to do something like this because there are various factors that do not support to change it.
I think it would be better for people who are more capable to be able to make something so that they can change their destiny because what I see now they can't if they are only pitied but must also be given the opportunity

[Scotland]

Always bitcoin .. buy bitcoin and wait one day you will be glad you got it

[TelolettOm]

I really want to think about this, are those true?
No guarantee if we buy crypto and become rich, not buy crypto willmean poor.
Some people may be rich because of buying crypto, but on the opposite, there are also many people who become poor because of buying crypto. The key may be not be in the term of "buying" itself. But at what time and what coin/token they are buying.
We sometimes cannot really understand what we are buying or investing in, that is why we may get lost after buying crypto. But, we may be also profitable after buying crypto because we exactly know about what we are investing.

[Taskford]

poor people do not really feel the impact of inflation from their finances. For me, the word poor is for people who do not have income or their daily needs are not met maybe the only thing they will feel is the price will become more expensive than before. but the middle class and above will feel it.holding flat only without choosing any investment will definetelly decrease value our saving in the future.

Poor people are the one who are been much affected on inflation knowing there small amount of money can only bring few goods and imagine it what happen on the next day for sure they will struggle to buy again since they don't have enough money to spend on. Also middle class guys or at rich level are not much gonna feel it if we talk about on spending but maybe if we talk about investment maybe there are certain area that they will be hurt on what they have put up.

[cornhodlr]

Always bitcoin .. buy bitcoin and wait one day you will be glad you got it

Exactly and steer clear of altcoins because they will only empty your wallet of Bitcoin which is the whole plan of altcoin developers.

[SquallLeonhart]

Poor people are the one who are been much affected on inflation knowing there small amount of money can only bring few goods and imagine it what happen on the next day for sure they will struggle to buy again since they don't have enough money to spend on. Also middle class guys or at rich level are not much gonna feel it if we talk about on spending but maybe if we talk about investment maybe there are certain area that they will be hurt on what they have put up.

That's the weird thing about the life we are living today. Some people are expecting poor people to just barely have enough to shelter themselves and eat food, literally all they should be doing. When minimum wage was first introduced, that was a standard of living, it meant that you could have a house, a kid or two, a car, and health insurance or just not be afraid of going to the doctors, and education.

All could be paid via minimum wage, basically all basic needs there, and you could even go to movies and plays and such, not all the time but at least once a month without a problem, and even dine outside once a week. Nowadays, what does minimum wage bring? Barely enough to pay the rent, and maybe enough to eat good food, sometimes not even that much, people with minimum wage can pay their rent, bills and food, that's it, 3 items and done, don't even consider getting sick.

[herurist]

Who can guarantee that every poor man can improve his income once investing/trading in crypto?

This is a sad reality. Not everyone that's poor is encouraged to get out of poverty as they can't stay there forever. There are those people that have already accepted their fate and already lost enthusiasm about life. And we've got situations to deal with and that's why others even if they want to invest, just can't spend a single penny because there's already the obligations that they have waiting for them to pay for. But I know of a known quote, "if there's a will, there's a way".

on the other hand I think almost all poor people want to change their lives so that at least it is better than their current condition but the problem is that they don't all have the opportunity to do something like this because there are various factors that do not support to change it.
I think it would be better for people who are more capable to be able to make something so that they can change their destiny because what I see now they can't if they are only pitied but must also be given the opportunity

Almost, yeah probably. But I've heard those unfortunate people that were talking about how satisfied and content they were. There's nothing much they can do because they don't have the enthusiasm to get out of poverty. And the reason they're giving is all about contentment.
Yeah, we can all be contented with the things and possessions that we have. But when it comes to life, you should be wise and there's the better way of living if you've got investments and financially free.

maybe there are some who will think like that but I feel very sure there are many out there who really want to change their fate and get out of poverty.
and as you said maybe there are some people who will indeed be satisfied with what they receive even if it is below the average standard of income but they are still grateful and quite satisfied.
but this is only a small part I think. and on the other hand we also have to think wisely because in life we can't only think about ourselves because of course besides us there are still people closest to us, in this case can be families, spouses or children who we really need to protect from poverty.