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Author Topic: Buy Crypto Or Have Fun Staying Poor!  (Read 1190 times)
Uang_kartal
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January 25, 2022, 11:31:22 PM
 #101

of 2 contradictory characteristics, where fiat is a buying and selling tool while crypto is a commodity asset (it can also be used as a means of payment in some countries) indeed inflation is a terrible thing when the exchange rate becomes increasingly shrinking with supply and demand in a country. I think this is the right time to ask for btc/crypto when the market is weakening with several segmentation and scenarios. Crypto is more of an option because trends like day and night keep changing indefinitely and without being regulated by the government, this is more of trading volume activity. . it is certainly more difficult to return inflation to the past than fluctuating coin prices.

more crypto saves and includes investment

I prefer to ask for crypto from the funds I can set aside

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January 25, 2022, 11:53:48 PM
 #102

Your claims about cryptocurrency been the only source that can make someone rich is nothing but a big fat lie
It is not a lie but it cannot be generalized. Poor people are surely possible to be rich by investing in crypto. But not all people want to buy crypto because of many reasons, so we don't think crypto is the only way to be rich.

There are other possible means the poor can still get richer without Crypto Currency.
Agree. There are many ways to be rich, not only by investing in crypto. We must be aware that not all people have the ability to be good crypto investors. We shouldn't force those people who have no interest and lack knowledge in digital investment. Only poor people who have big confidence in crypto and have capital can invest in crypto coins.

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January 26, 2022, 12:15:20 AM
 #103

let me tell you a little story; 2 days ago I read the status of my Facebook friend who mocked about the current dip market and said that those who are in crypto are dreamers. After I asked him what his job was and did he know what bitcoin was, he replied that he was only a debt collector and had never bought Bitcoin.

from what I have experienced it can be concluded that those who have never bought Bitcoin will forever be in their poverty, their knowledge will always be shallow and the future is uncertain they will experience because from the start they did not have confidence in the potential of Bitcoin.

It's sad to see people who have never invested in crypto, then say something bad about crypto. Such a person will not be a successful person,
because they think negatively on something that might give them a chance to improve their economy. Therefore, the number of poor people in this
world is more than the rich, because only people who can be open-minded and willing to learn new things will become rich people in the future.
So don't underestimate crypto, let alone to hate crypto. Due to the fact that crypto has made a lot of people rich, but don't get me wrong,
crypto doesn't make people rich instantly. Still, it takes hard work and a fairly long process, so that we can become rich from cryptocurrency.


Just let those negative people do stick out into their principles and mindset and sooner or later they would really be regretting on what they had missed out.This isnt something talks about shitty things online

No one really likes on being poor but you couldnt really enhance yourself if you wouldnt really take risks on making crypto investment and no one really likes on being poor but there are really things in life
which you couldnt really able to bare out.


molsewid
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January 26, 2022, 11:16:08 AM
 #104

Your claims about cryptocurrency been the only source that can make someone rich is nothing but a big fat lie
It is not a lie but it cannot be generalized. Poor people are surely possible to be rich by investing in crypto. But not all people want to buy crypto because of many reasons, so we don't think crypto is the only way to be rich.

There are other possible means the poor can still get richer without Crypto Currency.
Agree. There are many ways to be rich, not only by investing in crypto. We must be aware that not all people have the ability to be good crypto investors. We shouldn't force those people who have no interest and lack knowledge in digital investment. Only poor people who have big confidence in crypto and have capital can invest in crypto coins.


I can say there are still those people who don't know crypto and yes it's true even if the crypto is now hype and also because of the NFT with play-to-earn feature it helps a lot to introduced crypto to people but still there's other people who don't know it. Aside from the fact that there are many people who can't buy good crypto these people are also those people who didn't access the right information. I can say that money still not the hindrance for crypto adoption but also the insufficient of knowledge of people about the platform.
sarmrakib
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January 26, 2022, 01:38:13 PM
 #105

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.


He who still don't know about bitcoin they are really missing something which will lead the world upcoming days .You have mentioned that USA has printed the 40% of circulation but what are they missing is just ignore the bitcoin .I think we really don't know the exact value where btc can climb on the future so it is still we have a good chance to buy it .The picture are saying about the truth to us that .I think its really something huge will be happen in the future which we gonna miss if we don't invest on crypto .We are holding our money on the bank or cash but gradually its loosing its value so that if we invest it on crypto for long term can you imagine that how much we can get the return .So it will be wise to buy it and hold strongly for long term to get a good return .

merchantofzeny
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January 26, 2022, 02:44:21 PM
 #106

The fact that 80% of all dollars in circulation has been printed the past few months should give anyone, cryptoenthusiast or not, pause about blindly trusting fiat. And I doubt that the long term effect of these policies would just be isolated in the US, it's going to affect us all.

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January 26, 2022, 02:48:34 PM
 #107

I can say there are still those people who don't know crypto and yes it's true even if the crypto is now hype and also because of the NFT with play-to-earn feature it helps a lot to introduced crypto to people but still there's other people who don't know it. Aside from the fact that there are many people who can't buy good crypto these people are also those people who didn't access the right information. I can say that money still not the hindrance for crypto adoption but also the insufficient of knowledge of people about the platform.
At the end of the day we are not going to have 100% adoption. Not everyone in the world will be using crypto, even if it became legal tender all around the world in every single nation, some people will prefer fiat and will use that. However, considering we are still at the start of the crypto world, and we have so much potential, I say that we should not be worried about bigger adoption.

I can see a world where bitcoin became legal tender in 50+ nations where banks allow you to have a debit/credit card where you can use crypto and never touch fiat if you prefer to (but can use it if you want to). That's going to happen one day, maybe when I am very old, but it will. So, we are not anywhere close to filling our potential just yet.

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January 26, 2022, 05:39:36 PM
 #108

A good way of marketing but I really do not welcome it. I have come across so many MLMs speaking nice and lovely words to attract investors but its not going to stay long. Yes, investing in crypto does not assure of becoming rich. Risk is involved in it. So many crypto currencies come in every month but they dont stay long. Those who invested on these new crypto currencies were in loss. So yes, be more careful in choosing and investing on the right coin. Never borrow and invest ever.

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January 26, 2022, 06:36:11 PM
 #109

It is a 50-50 chance, investing in crypto can either make you rich or poor depending on your investment approach, there are people who bought btc for example at the top and sell at the bottom because they have less knowledge about the whole crypto ecosystem, so instead of being rich with their investment they become poor because of bad decision, the same way crypto can make you rich when you play your cards rights, so crypto investment is not a guarantee to be rich.
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January 26, 2022, 06:58:03 PM
 #110

It is a 50-50 chance, investing in crypto can either make you rich or poor depending on your investment approach, there are people who bought btc for example at the top and sell at the bottom because they have less knowledge about the whole crypto ecosystem, so instead of being rich with their investment they become poor because of bad decision, the same way crypto can make you rich when you play your cards rights, so crypto investment is not a guarantee to be rich.

That is why people should conduct their own research on bitcoin before investing or purchasing into it, as well as when is a good time to buy rather than simply gambling and buying all of the time. The act of investing should not be treated as a game of chance; instead, we should strive to ensure that our investments generate profits for us. However, if you enter the investment world with the intent of gambling, there is a very high likelihood that you will lose your money.
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January 27, 2022, 10:37:05 AM
 #111

Those of us who have been in the crypto world for a long time will definitely choose to buy crypto. But not with beginners, it will be a long journey for them to decide whether they invest in crypto or not. They certainly wouldn't be so quick to decide, unless they had a lot of courage.

Looking at your account it will not be easy to say you are not part of the beginners also Grin .

However cryptocurrency investment is not what to be done with haste. A lot of time need to be taken for you to make up mind to invest in a particular coin. One of the system of investment is to buy when there is drop in price like now but doing proper research is important.
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January 27, 2022, 06:51:29 PM
 #112

Those of us who have been in the crypto world for a long time will definitely choose to buy crypto. But not with beginners, it will be a long journey for them to decide whether they invest in crypto or not. They certainly wouldn't be so quick to decide, unless they had a lot of courage.
Looking at your account it will not be easy to say you are not part of the beginners also Grin .

However cryptocurrency investment is not what to be done with haste. A lot of time need to be taken for you to make up mind to invest in a particular coin. One of the system of investment is to buy when there is drop in price like now but doing proper research is important.
Dude has an account started in 2012, either he is one of the earliest investors, or he doesn't care as much and didn't just write too much, or more likely outcome could be that someone sold their "old" account and this is a new user who uses the account for signature campaigns and constantly writes nowadays. In any case, he doesn't look like a newbie, all three possible options show that it is someone who knows crypto.

Crypto investment is the only thing you could do with a haste, crypto trade is not the one that should be done in haste. If you "invest" that word means you are buying, you can buy at any point at all times and as long as you can keep holding it, then one day you will profit, it is the trade that you can't do with haste since it could cause you to lose a lot of money.

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January 27, 2022, 07:14:20 PM
 #113

Those of us who have been in the crypto world for a long time will definitely choose to buy crypto. But not with beginners, it will be a long journey for them to decide whether they invest in crypto or not. They certainly wouldn't be so quick to decide, unless they had a lot of courage.
Looking at your account it will not be easy to say you are not part of the beginners also Grin .

However cryptocurrency investment is not what to be done with haste. A lot of time need to be taken for you to make up mind to invest in a particular coin. One of the system of investment is to buy when there is drop in price like now but doing proper research is important.
Dude has an account started in 2012, either he is one of the earliest investors, or he doesn't care as much and didn't just write too much, or more likely outcome could be that someone sold their "old" account and this is a new user who uses the account for signature campaigns and constantly writes nowadays. In any case, he doesn't look like a newbie, all three possible options show that it is someone who knows crypto.

Crypto investment is the only thing you could do with a haste, crypto trade is not the one that should be done in haste. If you "invest" that word means you are buying, you can buy at any point at all times and as long as you can keep holding it, then one day you will profit, it is the trade that you can't do with haste since it could cause you to lose a lot of money.
Haste decisions would really be only be done if you do have that kind of target or goal in mind that you are going for short term ones and if you do see that you are gaining then you would really be minding off on securing profits right away without considering on holding for long  term.

When it comes to mindset on getting rich then most of us does really have that kind of goal or target in mind because we do know that on this state we wont really be stressing out ourselves on having some problems
when it comes to buying something or investing or some sort that do needs funds.

Of course you would really need to be careful because if you wont really be having that kind of behavior then losing money would really be much common.

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January 27, 2022, 08:19:05 PM
 #114

It is a 50-50 chance, investing in crypto can either make you rich or poor depending on your investment approach, there are people who bought btc for example at the top and sell at the bottom because they have less knowledge about the whole crypto ecosystem, so instead of being rich with their investment they become poor because of bad decision, the same way crypto can make you rich when you play your cards rights, so crypto investment is not a guarantee to be rich.
Not only in crypto the risk of loss can occur, but every investment that exists has its own risks, so to avoid the risk of loss of course we must have basic knowledge in terms of crypto investment, I think many forum members here have suggested doing research before invest to avoid losses, and maybe almost the same as you say, if it is better we always pay attention to the steps we make so as not to backfire on ourselves.

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TheEconomists
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January 27, 2022, 09:30:12 PM
 #115

Op, are you saying Bitcoin doesn't lose value like that fait currency you mentioned or what do you really mean. Is good we encourage people to adopt Bitcoin and others but not to tell them that Bitcoin or crypto currency doesn't lose like that of fait currency.
Good people!! Invest now before is too late again is my advice for those who care to lesson.
doomloop
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January 28, 2022, 08:13:54 AM
 #116

Op, are you saying Bitcoin doesn't lose value like that fait currency you mentioned or what do you really mean. Is good we encourage people to adopt Bitcoin and others but not to tell them that Bitcoin or crypto currency doesn't lose like that of fait currency.
Good people!! Invest now before is too late again is my advice for those who care to lesson.
So far I don’t think that bitcoin is losing value, yes there are times that it does decrease in value, it does that like regular and as a matter of fact that is the condition that we are currently into right now, as the market has plummeted and lost its high value, which means that we are in a bearish trend as of right now.

But, if you should check the value of Bitcoin on a long term, like over ten years and compare it with the value of the fiat currency over ten years you would really understand what the OP is trying to say here, and what he is saying is the truth. Although I am not saying that you should have bitcoin as your primary savings, but try to investment more, and not just in bitcoin, but in anything that can help to save value for you.

Cling18
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January 28, 2022, 08:57:10 AM
 #117

Everyone has their own principle when it comes to crypto investment. Most of those who are hesitant don't want to take the risk because, to be honest, there's no guarantee of sure profit on it unless you acquire trading skills or if you're holding a profitable coin. There's nothing wrong with holding both currencies because we couldn't take away fiat despite the existence of crypto. Fiat will always be the first option currency no matter what our social status is.
Smitty Werben Man Jensen
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January 28, 2022, 12:01:25 PM
 #118

Those of us who have been in the crypto world for a long time will definitely choose to buy crypto. But not with beginners, it will be a long journey for them to decide whether they invest in crypto or not. They certainly wouldn't be so quick to decide, unless they had a lot of courage.
Certainly too risky for beginners to directly invest in crypto without any preparation and experience,
and never ever to try without any preparation because we can easily lose money,
make decisions wisely and stay careful

cornhodlr
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January 28, 2022, 01:33:15 PM
 #119

The fact that 80% of all dollars in circulation has been printed the past few months should give anyone, cryptoenthusiast or not, pause about blindly trusting fiat. And I doubt that the long term effect of these policies would just be isolated in the US, it's going to affect us all.




That type of printing in such a short space of time is enough to make another weimar republic out of the whole globe this time because it is the world reserve country.Maybe the bankster would love to see ww3 after all for a big reset.
Alert31
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January 28, 2022, 03:06:13 PM
 #120

If ever you have enough money as capital, it's better to invest in crypto especially now that  market is down. You can buy good coins in a lower price  then just hold to have a huge return when bull market come. If you believe in crypto and invest , it might change your life  in the future.

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