Gasty4
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January 30, 2022, 11:37:23 PM |
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Getting to know Crypto Currency and bitcoin can still make you loss huge amounts or great losses. Without good understanding about it you might fall in the wrong hands at the end of the day, not making a dine in the process, you can still invest in it and remain poor, no plan no strategy, are you a good holder, if you aren't then selling for profits comes next. Also Crypto Currency and bitcoin are not the only thing to invest to take the poor outta that State, a change in mind is the first step for every broke person.
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Vaculin
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January 31, 2022, 05:39:40 PM |
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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. Investing in fiat or crypto do not guarantee profits all the time, as there were times where we end up losing. And definitely, both of them can always make us poor. But skills and strategies really matter. Even in fiat or the traditional investment, if you know how to roll your capital and makes it work every time, you will really become rich in time. But let's just say there are bigger opportunities in crypto that will make us rich in less time. Although it has higher risk, but it gives us more satisfaction when it comes to profit making.
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lixer
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January 31, 2022, 07:06:23 PM |
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Investing in fiat or crypto do not guarantee profits all the time, as there were times where we end up losing. And definitely, both of them can always make us poor. But skills and strategies really matter. Even in fiat or the traditional investment, if you know how to roll your capital and makes it work every time, you will really become rich in time. But let's just say there are bigger opportunities in crypto that will make us rich in less time. Although it has higher risk, but it gives us more satisfaction when it comes to profit making.
One example that can make you rich overnight in cryptos are investing in shitcoins or on the late memcoins because they are overly hyped but for them to give you a satisfaction? I am not sure with that but I think that once you profited from them , you will again repeat the process up to a point that you will start losing. What is the real satisfying is when you finally harvest your gains after a long time of investing. You will also repeat this but its okay as its not that risky as investing in shitcoins. Being poor is not fun, I know because I am currently in this situation, that is why I am also here in crypto, investing and hoping to change my life.
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Shasha80
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January 31, 2022, 10:15:52 PM |
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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. What you say is quite reasonable, sometimes even if I hate something because I don't really know it well. So for people to like and accept crypto, they must first have knowledge of crypto. So they understand what benefits they get from crypto, but the problem is that most people judge crypto only based on other people's opinions. If there are people who are lazy to learn about crypto, actually it is harming themselves. So my advice is never to be lazy to learn anything, especially learning crypto we must do, so that we knowing crypto can provide many benefits. Because having knowledge can help us make the right decisions and change our lives for the better.
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milewilda
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January 31, 2022, 10:32:19 PM |
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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. What you say is quite reasonable, sometimes even if I hate something because I don't really know it well. So for people to like and accept crypto, they must first have knowledge of crypto. So they understand what benefits they get from crypto, but the problem is that most people judge crypto only based on other people's opinions. If there are people who are lazy to learn about crypto, actually it is harming themselves. So my advice is never to be lazy to learn anything, especially learning crypto we must do, so that we knowing crypto can provide many benefits. Because having knowledge can help us make the right decisions and change our lives for the better. When you are dealing with something then you should really be acquiring that knowledge and that one would be acquired through experience and of course you would need effort for you to do so and would really be having that passion if you are really serious with that.All of us does wish to have a better future in terms of finances thats why we are really striving on doing all sorts of things for it to happen but of course you shouldnt really anticipate that it would be always ending up on positive results because this isnt something that would simply to deal with.
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MyIdeas
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January 31, 2022, 11:12:05 PM |
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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 is the habit of rich people that they do not save in banks but they take risks and they invest their money assets which are profitable for them, no matter it is from stock exchange or from crypto and I am sure that in current times all of the wealthy businessmen are looking for the crypto platform to invest in there. It is because of this both the stock and crypto market go same with each other because these are same people invested in both. I will also choose for crypto to get involved.
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jhonjhon
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February 01, 2022, 10:36:23 AM Last edit: February 01, 2022, 11:08:47 AM by jhonjhon |
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What about the risk factor? You cannot please everyone and not just anyone have the courage to buy cryptocurrencies or Bitcoin. Traditional thing is to save money in the bank, in fiat. That is the safest up until now even though there is no increase with whatever you save. Banks trust rating is still higher than anything even a piggy bank. Not against it but lets just list the facts first in this pandemic. Having fast cash when you need it is the one being supported and not cryptocurrencies where you have to go with a lot of steps before taking it out as a means of purchasing.
Well, actually theres nothing wrong of saving money in the bank and buying crypto for investment. They are absolutely both good in their own ways. And it really depends of what you prefer for.If you wish to save your mone safely then save it in the bank.But if you want to grow your saving and make more money, then go for cryptocurrency.Investing in crypto is risky,but it doesnt mean its a bad investment. Investing in cryptocurrency like bitcoin is the investment anyone can do this day (pandemic) because it has made a lot of people rich. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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gantez
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February 01, 2022, 11:27:17 AM |
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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
Investment is the best way to wealth and not saving. Saving don't multiply our money but keep dropping it because there are many bank charges that come on it. But investment in crypto is not all of it that will increase to profit in the short time, crypto like bitcoin and high volume coins in CMC.
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MyIdeas
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February 01, 2022, 10:56:52 PM |
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What about the risk factor? You cannot please everyone and not just anyone have the courage to buy cryptocurrencies or Bitcoin. Traditional thing is to save money in the bank, in fiat. That is the safest up until now even though there is no increase with whatever you save. Banks trust rating is still higher than anything even a piggy bank. Not against it but lets just list the facts first in this pandemic. Having fast cash when you need it is the one being supported and not cryptocurrencies where you have to go with a lot of steps before taking it out as a means of purchasing.
Well, actually theres nothing wrong of saving money in the bank and buying crypto for investment. They are absolutely both good in their own ways. And it really depends of what you prefer for.If you wish to save your mone safely then save it in the bank.But if you want to grow your saving and make more money, then go for cryptocurrency.Investing in crypto is risky,but it doesnt mean its a bad investment. Investing in cryptocurrency like bitcoin is the investment anyone can do this day (pandemic) because it has made a lot of people rich. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes both of them are good in their own places but if we think then we can say that bitcoin can do both for us like it is investment along with that it work what the bank do is saving. Our money if we want to save for long time can be saved for longer time in bitcoins and if we say the long then we all know that in the long term the price reaches to a new high price.
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Lanatsa
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February 01, 2022, 11:44:54 PM |
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What about the risk factor? You cannot please everyone and not just anyone have the courage to buy cryptocurrencies or Bitcoin. Traditional thing is to save money in the bank, in fiat. That is the safest up until now even though there is no increase with whatever you save. Banks trust rating is still higher than anything even a piggy bank. Not against it but lets just list the facts first in this pandemic. Having fast cash when you need it is the one being supported and not cryptocurrencies where you have to go with a lot of steps before taking it out as a means of purchasing.
Well, actually theres nothing wrong of saving money in the bank and buying crypto for investment. They are absolutely both good in their own ways. And it really depends of what you prefer for.If you wish to save your mone safely then save it in the bank.But if you want to grow your saving and make more money, then go for cryptocurrency.Investing in crypto is risky,but it doesnt mean its a bad investment. Investing in cryptocurrency like bitcoin is the investment anyone can do this day (pandemic) because it has made a lot of people rich. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes both of them are good in their own places but if we think then we can say that bitcoin can do both for us like it is investment along with that it work what the bank do is saving. Our money if we want to save for long time can be saved for longer time in bitcoins and if we say the long then we all know that in the long term the price reaches to a new high price. Savings+Investment in short which BItcoin could really give out but to mind off about the risks then there are people who do really tend to play safe and would choose bank no matter what when it comes to the security of their funds without realizing about those inflation issues or problems but since this isn't something that normally happens then they wouldn't really care at all. Its up to someone whether we do engage on investment to have a better future specially when you do make profits but always consider that this market doesn't automatically means that you would make money on easy basis.
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uchegod-21
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February 02, 2022, 09:46:15 PM |
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Op just told one side of the beautiful story and did not consider the other parts in his post. We all know that fiat is good is loosing value over the time but you will not find recently any fiat that is not in use again because it has lost value to zero. But in cryptocurrency, many coins or tokens die forever and people monies will be wasted. Your post would have been all fine assuming you said buy bitcoin
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paxmao
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Do not die for Putin
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February 02, 2022, 09:57:33 PM |
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This type of message is just what I would like not to see in this forum because it idiotizes the bitcoin philosophy and makes little to really explain the reasons and the underlying technology, the community and the people that use bitcoin. It also encourages people to think that crypto will make them rich just because that has been the case for some people at certain moments in the past.
Crypto is about understanding, even if you decide to simply hodl and do nothing in years.
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globalpain
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The OGz Club
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February 03, 2022, 05:22:06 AM |
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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
Investment is the best way to wealth and not saving. Saving don't multiply our money but keep dropping it because there are many bank charges that come on it. But investment in crypto is not all of it that will increase to profit in the short time, crypto like bitcoin and high volume coins in CMC. What we must realize is that investing in crypto does not mean we will automatically make a quick and rich profit, Such a mindset must be changed because everything needs a process too, learn more in various things about crypto I think it will help
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olib123
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Chainjoes.com
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February 03, 2022, 03:49:47 PM |
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Quite right, I also tend to believe that fiat money will simply disappear and there will only be digital money with which it will be possible to carry out financial transactions. So time goes forward and the entire banking system will change with the transition to cryptocurrency. So now we are only on the verge of new discoveries and therefore I think it is necessary to invest in cryptocurrency, as in the future it will bring great profits for all of us. Good luck to everyone and great success in business.
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Furious 7
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February 03, 2022, 04:34:47 PM |
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What we must realize is that investing in crypto does not mean we will automatically make a quick and rich profit, Such a mindset must be changed because everything needs a process too, learn more in various things about crypto I think it will help
Crypto will be profitable if we know how it works and are smart in determining the momentum and determining the path we choose. but on the other hand crypto will also be very detrimental to those who just enter this circle but don't want to learn and just join the hype. Be wise in responding to something, crypto is one of the bridges to get rich indeed it is not wrong but there needs to be a process to go through and learning that is indeed quite a lot to learn because there is nothing instant to get something
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e_abrams
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February 03, 2022, 04:59:58 PM |
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I think it will take quite a while for cryptos to take the place of the fiat money we all know. At least on a global level, that is. Some countries will adopt it pretty fast - I mean, we've already seen El Salvador do so, but others will likely follow suit too. Some countries, however, will probably lag behind the rest. It will take time for things to even out. That said, I have little doubt crypto popularity will increase in the coming years.
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hyudien
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February 03, 2022, 05:12:56 PM |
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Investment is the best way to wealth and not saving. Saving don't multiply our money but keep dropping it because there are many bank charges that come on it. But investment in crypto is not all of it that will increase to profit in the short time, crypto like bitcoin and high volume coins in CMC.
to get rich we have many ways and I think saving is the best way if we really want to minimize losses even though we can't double the money we have but consistently saving can be a pretty good option. talking about this investment is a risky thing, even though it can multiply the assets we have but on the other hand we also have to see the consequences of losing the money we have. it would be very naive if we fully believe in investment we can become rich, even though it is when we invest that we will benefit but believing 100 percent is not good
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DoublerHunter
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February 03, 2022, 10:22:15 PM |
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^ Investing in any type of cryptocurrency carries the danger of not being able to guarantee its legibility, which means it is prone to risk. It is the basic thing that you are aware of the possibilities when taking your first step in entering right to this kind of market. And choosing not to invest in this kind of business does not always mean they choose to have the fun of staying poor. We cannot blame them if they doubt this kind of investment since fraud in cryptos also exist. They are just afraid to invest for nothing.
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carlfebz2
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February 03, 2022, 11:36:07 PM |
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^ Investing in any type of cryptocurrency carries the danger of not being able to guarantee its legibility, which means it is prone to risk. It is the basic thing that you are aware of the possibilities when taking your first step in entering right to this kind of market. And choosing not to invest in this kind of business does not always mean they choose to have the fun of staying poor. We cannot blame them if they doubt this kind of investment since fraud in cryptos also exist. They are just afraid to invest for nothing.
To the point that not investing doesnt mean that you are poor or staying poor because there are investors which are really that mindful when it comes to risks thats why they would really be that careful on dealing up with something which is really something new and since its not regulated nor being considered by the government then that one alone would really make out some hindrance on making such step but for those people who do tend to improve out their living then taking risks is a must thing to be done but be handled out carefully.
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timerland
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February 04, 2022, 03:30:14 AM |
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I think that it's a bit of an overstatement.
You can definitely still get rich without any crypto investments - and in fact I'd argue that if your main job is investing in crypto you are likely not to see a lot of wealth come your way.
Establish your skillset and your niche. Don't chase high returns just because crypto is hot right now, but definitely put money into crypto as a store of value. That's for sure.
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