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Author Topic: Buy Crypto Or Have Fun Staying Poor!  (Read 1185 times)
Finestream
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January 28, 2022, 03:36:30 PM
 #121

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.
If you are a wise investor, investing in crypto brings a lot of risks, but there is maximum profits waiting ahead. However, investing in fiat has always been less risky, but the profits is only supplemental. So which one you prefer? Definitely, investing in crypto is more impressive, it can make you rich, but it can also make you poorer if you end investing in wrong coins.

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January 28, 2022, 07:20:01 PM
 #122

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.
Fiat is not an investment, it is the currency that you spend and it loses its value every single year. Crypto is not like that, it is a currency but at the same time it goes up every single year. You may think that it is not profitable, you may think that there is no guarantee that you will profit, but many people think that it will profit you in the long run.

This is why I end up holding as much as possible and as long as possible, because I trust that it will make me profit in the long run. Doesn't mean that we can't make a profit right away, we may end up buying today and the price could go up tomorrow, but even if that doesn't happen then the long term still looks great if you ask me.

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January 28, 2022, 07:37:44 PM
 #123

Fiat is not an investment, it is the currency that you spend and it loses its value every single year. Crypto is not like that, it is a currency but at the same time it goes up every single year. You may think that it is not profitable, you may think that there is no guarantee that you will profit, but many people think that it will profit you in the long run.
When viewed in terms of investment and value of both, fiat and crypto have the same nature, namely fluctuating from time to time. You can determine which one is the best and which one provides the commensurate benefits. For people who prefer low-risk investments, they will choose fiat, whereas if you agree with high-risk investments then you will choose crypto investments. It's that simple and I don't think we should bother setting what's best for others, but we should choose which ones are worth our investment.

It's just about choice, trust and risk management for every investor. They can choose fiat and they can also choose crypto depending on what they are interested in after considering the risks. But most importantly, these two investors should know how they can make their investments profitable.

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January 28, 2022, 09:28:57 PM
 #124

You make some pretty big assumptions here and the truth is you don't know for sure.  You made the statement "cryptocurrency" will always gain value but that's simply not true.  Most cryptocurrencies will fail before long.  98% of them are worthless and have zero future.  Now I do believe bitcoin will continue to gain value over the years but there is no guarantee to this.  Also for many holding such a volatile asset may not be a good idea, depending on their overall portfolio. 

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Shasha80
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January 28, 2022, 11:25:35 PM
 #125

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.

We really can't make everyone accept crypto, there will always be people who hate crypto. Our job is only to provide education about crypto
according to our knowledge to others, but if it turns out that there are people who continue to think negatively about crypto, that is no longer
our business. Let them regret later, that their guess on crypto is wrong. Sometimes everyone has a different time to be able to realize that
crypto is something positive, that can change their lives for the better. I agree with you, no human wants to be poor, but our wrong mindset
keeps us trapped in poverty. Therefore, successful people always start from how they can have the right principles and mindset.
That's the importance of having an open mind, so that it is easy to accept new things and finally can change our mindset to be right.

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January 28, 2022, 11:42:10 PM
 #126

I think I will agree with you on this.
MyIdeas
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January 28, 2022, 11:49:36 PM
 #127

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.

We really can't make everyone accept crypto, there will always be people who hate crypto. Our job is only to provide education about crypto
according to our knowledge to others, but if it turns out that there are people who continue to think negatively about crypto, that is no longer
our business. Let them regret later, that their guess on crypto is wrong. Sometimes everyone has a different time to be able to realize that
crypto is something positive, that can change their lives for the better. I agree with you, no human wants to be poor, but our wrong mindset
keeps us trapped in poverty. Therefore, successful people always start from how they can have the right principles and mindset.
That's the importance of having an open mind, so that it is easy to accept new things and finally can change our mindset to be right.

In actual they do not hate crypto but they do not have the knowledge about crypto. If we will continue to give education of crypto then we also need to educate them about the functions and features of crypto. When they will learn then they will also join this community and will adopt this technology in their finances and in their businesses.
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January 29, 2022, 02:30:34 AM
 #128

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.
We should advise first the newbies to learn to understand what cryptocurrencies are before investing. They shouldn't do the mistake of others that they've invested blindly and become surprised when they saw the market went down.

They should break the cycle with that if they ever want to invest in cryptocurrencies. It may take a few days or weeks before they understand it and willing to take the volatility that it does.



.
.BIG WINNER!.
[15.00000000 BTC]


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January 29, 2022, 07:27:06 AM
 #129

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.
We should advise first the newbies to learn to understand what cryptocurrencies are before investing. They shouldn't do the mistake of others that they've invested blindly and become surprised when they saw the market went down.

They should break the cycle with that if they ever want to invest in cryptocurrencies. It may take a few days or weeks before they understand it and willing to take the volatility that it does.
Crypto is good, but it is a high risk investment that if you can't manage it well, you'll still end up losing. So there are no guarantees that you will always make profits from crypto, as its price depends from speculation. One day, you will acquire profits, the next day you lose the profits.

However, investing is fiat does not always mean that you'll stay being poor. There are millionaires out there who are profiting from fiat. But if you compare them both which will produce huge amount of profits even in a short period of time, its crypto or bitcoin as its value is higher 100x or 1000x than fiat.

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January 29, 2022, 08:11:56 AM
 #130

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.
We should advise first the newbies to learn to understand what cryptocurrencies are before investing. They shouldn't do the mistake of others that they've invested blindly and become surprised when they saw the market went down.

They should break the cycle with that if they ever want to invest in cryptocurrencies. It may take a few days or weeks before they understand it and willing to take the volatility that it does.
Crypto is good, but it is a high risk investment that if you can't manage it well, you'll still end up losing. So there are no guarantees that you will always make profits from crypto, as its price depends from speculation. One day, you will acquire profits, the next day you lose the profits.

However, investing is fiat does not always mean that you'll stay being poor. There are millionaires out there who are profiting from fiat. But if you compare them both which will produce huge amount of profits even in a short period of time, its crypto or bitcoin as its value is higher 100x or 1000x than fiat.
Fiat is money and I guess you're talking about the traditional investments. Yes, there's no doubt about those people that are making a lot of money from those, there's no one that's saying that it's only bitcoin or crypto where we can invest.

Actually, there are plenty of choices to make if you want to invest. You can choose from any of them and study which investment you're aware of its existence and you've studied before investing. So, you're not investing blindly.



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January 29, 2022, 03:33:20 PM
 #131

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.
We should advise first the newbies to learn to understand what cryptocurrencies are before investing. They shouldn't do the mistake of others that they've invested blindly and become surprised when they saw the market went down.

They should break the cycle with that if they ever want to invest in cryptocurrencies. It may take a few days or weeks before they understand it and willing to take the volatility that it does.
That is, if newbies are only here believing that crypto is a get-rich-quick scheme, that will definitely put them in losses. But if they can be guided by early birds here, that will lead them to invest in crypto with full knowledge and without hesitation. Crypto investment is definitely good and profitable, but we should always be wary about it as its more volatile and is susceptible to hacking, and until now its seen unregulated by the government.

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January 29, 2022, 10:36:17 PM
 #132

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.
We should advise first the newbies to learn to understand what cryptocurrencies are before investing. They shouldn't do the mistake of others that they've invested blindly and become surprised when they saw the market went down.

They should break the cycle with that if they ever want to invest in cryptocurrencies. It may take a few days or weeks before they understand it and willing to take the volatility that it does.
That is, if newbies are only here believing that crypto is a get-rich-quick scheme, that will definitely put them in losses. But if they can be guided by early birds here, that will lead them to invest in crypto with full knowledge and without hesitation. Crypto investment is definitely good and profitable, but we should always be wary about it as its more volatile and is susceptible to hacking, and until now its seen unregulated by the government.
We should worry only if we will invest only for a small period of time means that if we are not long time holders while if we can hold for long period then in the long period the price continue upward and every time i show us a new ATH price. Worrying from hacking is very important because these are our hard earned money in crypto and when someone hack them then it will be hard to recover. Keeping our private keys safe is also a step as many people forget their private keys.
And regularized by governments is one of the issue which is if solved then crypto will be the super currencies.
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January 29, 2022, 11:03:22 PM
 #133

It's really alarming how we look at things atimes in our own little discreetion; crypto currency doesn't grow on it own, it's from the investment of the concensus from around the world in it diversities, yeah!
If they isn't any investment, how does it grow? Do you really think it's organic? No!
Fiat stands a better chance than these currencies, how? Fiat have been legalised already and is in circulation in the market system but Bitcoin has been developed in a way that it accumulates over time as per rate in demand.... that's what makes it preferably and profitable.

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January 30, 2022, 12:25:13 PM
 #134

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.
Yes, it's a good choice, even if we have enough money. But if we are still experiencing losses, holding it until the market recovers is the only option, compared to selling our crypto assets at a loss.
It is also difficult for some people who rely solely on their finances here, sometimes they have to sell some of their crypto assets, even if they have to lose.

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January 30, 2022, 05:05:32 PM
 #135

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.
Yes, it's a good choice, even if we have enough money. But if we are still experiencing losses, holding it until the market recovers is the only option, compared to selling our crypto assets at a loss.
It is also difficult for some people who rely solely on their finances here, sometimes they have to sell some of their crypto assets, even if they have to lose.
If you are making an income from working and earning crypto, then you do not have to sell it all, and if you are making your profit from investing or trading in crypto then you should have another job if your entire life is based around it. I keep saying that no investment should be dangerous enough to actually have your investment also be your income, you may not make a profit at all times and you could lose something in return.

This is why I make my income in crypto, and save some aside and do not touch that as long as possible. I try to keep 10% of my income to crypto and so far I haven't touched it since 2020 and that has been proven a great idea.

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January 30, 2022, 06:44:45 PM
 #136

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.
Yes, it's a good choice, even if we have enough money. But if we are still experiencing losses, holding it until the market recovers is the only option, compared to selling our crypto assets at a loss.
It is also difficult for some people who rely solely on their finances here, sometimes they have to sell some of their crypto assets, even if they have to lose.
How do you not portray that nation as evil when they do not allow totally unrelated nation to have their own allies? I mean imagine this, UK wants to join EU back again, and then as a result Ireland and Scotland decides to put all of their military (all of theirs do not equal to what Russia does to Ukrain lol) on their borders. Do you think that everyone would be understanding? Or Germany plans on leaving, and everyone puts their armies around them? That would be scary and bad right? But when it is Russia, everyone acts like that is something normal because "that's what Russia does"? I do not except that as normal thing, it has to be something that is very bad.

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January 30, 2022, 10:10:57 PM
 #137

I have come up with a simple understanding that in this life, money kept in the bank will not yield profit for you rather it will make you poor cos you keep withdrawing it to solve your daily needs.
Money invested in legit firms will make you rich but if you desire to be wealthy in life, invest in crypto.
The choice is yours to choose

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January 30, 2022, 10:38:59 PM
 #138

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.
Yes, it's a good choice, even if we have enough money. But if we are still experiencing losses, holding it until the market recovers is the only option, compared to selling our crypto assets at a loss.
It is also difficult for some people who rely solely on their finances here, sometimes they have to sell some of their crypto assets, even if they have to lose.
By doing something like that of course it requires a lot of patience and not everyone can do it,
or maybe we can also sell it gradually even though it comes back again depending on each person's decision,
just relying on his finances in crypto is obviously too risky for me
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January 30, 2022, 10:48:49 PM
 #139

I have come up with a simple understanding that in this life, money kept in the bank will not yield profit for you rather it will make you poor cos you keep withdrawing it to solve your daily needs.
Money invested in legit firms will make you rich but if you desire to be wealthy in life, invest in crypto.
The choice is yours to choose

It's true if we just kept our money in the bank it will decrease time by time but the bank also has their interest program which rather than keeping your money in the bank you can join their interest program. Invest in crypto also have a risk so doesn't mean if we invest in crypto we've become a rich person and investing in crypto is not that easy especially their altcoins.

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January 30, 2022, 11:12:42 PM
 #140

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.
We should advise first the newbies to learn to understand what cryptocurrencies are before investing. They shouldn't do the mistake of others that they've invested blindly and become surprised when they saw the market went down.

They should break the cycle with that if they ever want to invest in cryptocurrencies. It may take a few days or weeks before they understand it and willing to take the volatility that it does.
That is, if newbies are only here believing that crypto is a get-rich-quick scheme, that will definitely put them in losses. But if they can be guided by early birds here, that will lead them to invest in crypto with full knowledge and without hesitation. Crypto investment is definitely good and profitable, but we should always be wary about it as its more volatile and is susceptible to hacking, and until now its seen unregulated by the government.
That's why they have to learn first what cryptocurrencies are. Many are still being mislead by those information that they shouldn't read because it's not teaching them the basics of cryptocurrencies. Those that have been introduced wrongly with that mindset in cryptocurrencies won't be able to survive this tough market.

With guidance, for sure that they're going to learn the importance of being patience and avoiding that mindset of thinking that crypto is a quick rich scheme. Because just like any other market, it has its up and down and they need to accept and analyze it.



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