Buy Crypto Or Have Fun Staying Poor!

[jhonjhon]

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.

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.

Yes thats what I've thinking too.It is not about being rich. As long as you can provide your family needs and being secure in the future is much more than enough being rich.
Investing in these economic crisis is the best thing to do. Investing in crypto is how you take charge of your financial security. It allows you to grow your wealth but also generate an additional income.

[1714972950]

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[Rufsilf]

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.

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.

Yes thats what I've thinking too.It is not about being rich. As long as you can provide your family needs and being secure in the future is much more than enough being rich.
Investing in these economic crisis is the best thing to do. Investing in crypto is how you take charge of your financial security. It allows you to grow your wealth but also generate an additional income.

Exactly! Investing is always the best thing to do no matter what era we're in, either it's a stock, real estate or crypto, either we're in a verge of economic crisis or not. But don't get it wrong, other than investing, you should still have a main source of income or a main job while you're into investing and making a passive income. Cryptocurrency, especially bitcoin gives us an option to avoid inflation especially these days that we're on economic crisis.

[jaberwock]

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.

Not really but the op is just spitting facts there and that is true that fully depending on fiat is not good for you or to the economy of your country. Thank God, bitcoin and cryptos are created and we can use them to save us but you still got some point there that it is still possible to get rich without investing in cryptos because there are no cryptos before right?

And people still managed to get wealthy but I believe it takes them lots of time and they need to produce an extra hard work to achieve that. I am not saying that cryptos are easy money no, it is still require a research and some hard work but not that much compare to the old natural way.

[Viscore]

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.

You have the point. But i think we can do both,saving while investing..We all know that saving money is the first step to build wealth, but it is pointless if you dont allowed it to grow.So in order for you to increase your money ,put it into crypto investment.In this way,it helps you to achieved your goals and build a better future..
Yes, Investing in cryptocurrency is the wisest thing to do,but we also need to understand how it works and know the risk. Thats why it is important for us to do some research first and know the basic strategy before taking any action.

[molsewid]

Exactly! Investing is always the best thing to do no matter what era we're in, either it's a stock, real estate or crypto, either we're in a verge of economic crisis or not. But don't get it wrong, other than investing, you should still have a main source of income or a main job while you're into investing and making a passive income. Cryptocurrency, especially bitcoin gives us an option to avoid inflation especially these days that we're on economic crisis.

Having an investment is one of the great move of a person to take himself up to the kind of life he/she wanted or dreaming to have for. This is the smartest way to say you're really looking into a wealth progress. Either it is a stocks, a real state,  or most especially cryptocurrencies is definitely a good one. However, as we all know these are all comes with a risk that we should know to ourselves what level of risks do we afford to take, let's always mind about the risks.

[Maestro75]

Buy crypto or have fun staying poor? I will answer Buy crypto then have fun.
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.

For you to have eventually made up your mind and got into cryptos, that is the same way those you called beginners will also get to turn around and get into it at a point. Everyone has their own timing and pick. Cryptocurrency is not about who got in first that will be the first to hit the goldmine. Luck comes into play, we must not forget that.

[Smitty Werben Man Jensen]

Buy crypto or have fun staying poor? I will answer Buy crypto then have fun.
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.

For you to have eventually made up your mind and got into cryptos, that is the same way those you called beginners will also get to turn around and get into it at a point. Everyone has their own timing and pick. Cryptocurrency is not about who got in first that will be the first to hit the goldmine. Luck comes into play, we must not forget that.

Basically cryptocurrency is not our place to compete because everyone has their own journey,
before in crypto of course preparing all very important things,
because we know for ourselves that the crypto world is very hard

[bakasabo]

Did anyone tried to search for statistics, that shows how many people cryptocurrency made rich, and how many of them became poor due to investing in crypto? The name of the topic is misleading. If you buy crypto is does not give you guarantees that you wont become poor.

If someone became rich with crypto, that means that someone became poor. First person obtained money of a second. How can both of them then be rich? Because cryptocurrency itself does not produce money, it is not a  money printing machine.

[maju69]

For you to have eventually made up your mind and got into cryptos, that is the same way those you called beginners will also get to turn around and get into it at a point. Everyone has their own timing and pick. Cryptocurrency is not about who got in first that will be the first to hit the goldmine. Luck comes into play, we must not forget that.

Luck does enter into it, but can we get that luck if we give up in just one mistake? I do not think so.
Most of them give up when it comes to crypto and don't get their luck. And they just gave up.
Yes I was not one of the lucky ones when I first entered the crypto world, but I am constantly learning to understand crypto. And now the result I can feel something useful for me.

[iamsheikhadil]

I don't really understand when people put their amounts in banks and become happy about it lol, it is like, basics economy is not really that hard to understand, buying crypto might be seen as very risky by a lot of people, but buying stocks of well performing companies, investing in assets which grow or metals like gold, they are so easy to invest into and also fight inflation at the same time without losing buying power of the money. Keeping cash under bed is equivalent to just burning them slowly slowly over some years in a delusion of being rich.

[MyIdeas]

For you to have eventually made up your mind and got into cryptos, that is the same way those you called beginners will also get to turn around and get into it at a point. Everyone has their own timing and pick. Cryptocurrency is not about who got in first that will be the first to hit the goldmine. Luck comes into play, we must not forget that.

Luck does enter into it, but can we get that luck if we give up in just one mistake? I do not think so.
Most of them give up when it comes to crypto and don't get their luck. And they just gave up.
Yes I was not one of the lucky ones when I first entered the crypto world, but I am constantly learning to understand crypto. And now the result I can feel something useful for me.

luck comes because we dare to step up and take risks, so we get a little share of the profits from cryptocurrencies, and lucky we are already in this crypto world. many of us became rich suddenly because of cryptocurrencies. Of course, besides luck, I think knowledge is the main capital to get that luck

That is a point which I also agree that luck is with those people who step forward and take risk. Actually that is not the risk it is to step out from your comfort zone and if you have knowledge about the place where you are going to enter then you will play the best.

[Quidat]

For you to have eventually made up your mind and got into cryptos, that is the same way those you called beginners will also get to turn around and get into it at a point. Everyone has their own timing and pick. Cryptocurrency is not about who got in first that will be the first to hit the goldmine. Luck comes into play, we must not forget that.

Luck does enter into it, but can we get that luck if we give up in just one mistake? I do not think so.
Most of them give up when it comes to crypto and don't get their luck. And they just gave up.
Yes I was not one of the lucky ones when I first entered the crypto world, but I am constantly learning to understand crypto. And now the result I can feel something useful for me.

luck comes because we dare to step up and take risks, so we get a little share of the profits from cryptocurrencies, and lucky we are already in this crypto world. many of us became rich suddenly because of cryptocurrencies. Of course, besides luck, I think knowledge is the main capital to get that luck

That is a point which I also agree that luck is with those people who step forward and take risk. Actually that is not the risk it is to step out from your comfort zone and if you have knowledge about the place where you are going to enter then you will play the best.

Play the best or able to sustain out yourself which should be the primary or main target or goal of someone when it comes on dealing things which is out of your comfort
zone and its true that to those who do took the risks are the ones who do have chance on acquiring or getting something in return compared into those people who do
just wait and sit for something better to come which we know that it couldnt really be that possible unless you do take some action.You are the ones who do built up
your own future and this would vary on any actions you do make.

[Sled]

there is capital required to buy crypto, if this is possible for speculation it is best recommended to buy crypto stocks with the right speculators.  Due to its volatile market, crypto can become a very dominant arena among currency or digital money.  Moreover, it is also advisable to stay alert for unneeded nets.

And we know that already, Bitcoin will dominate the market whether we like it or not.
Well, investing in crypto is just another option and I believe this is only for the risk-takers, not for everybody. I beg not to the people who are negative but I encourage people who have the sense of doing this. Ignoring Bitcoin is a big mistake and absolutely losing a piece of opportunity.

[pinggoki]

there is capital required to buy crypto, if this is possible for speculation it is best recommended to buy crypto stocks with the right speculators.  Due to its volatile market, crypto can become a very dominant arena among currency or digital money.  Moreover, it is also advisable to stay alert for unneeded nets.

OP didn't think about this because OP thinks that you can just get crypto for free and then make money easily. I think that besides the capital, it's difficult for people to get into cryptocurrencies because they need a lot of money to be able to get a decent amount and most people are living paycheck to paycheck so it's understandable why not a lot of people can get in easily, the money that they currently have isn't enough for leisurely stuff.

[Anguwa]

This is actually true, investing in cryptocurrency is the right option right now, because cryptocurrency tokens keep growing must especially if we stake them in order to be receiving some percentage monthly. But fiat will remain the way it is all the time. Cryptocurrency get investors everyday which makes it more valuable than fiat currencies.

[cornhodlr]

When you say Crypto I hope you only mean Bitcoin because if you buy anything else then you are certainly going to have fun being poor.Btw it's no fun being poor.

[Fatunad]

When you say Crypto I hope you only mean Bitcoin because if you buy anything else then you are certainly going to have fun being poor.Btw it's no fun being poor.

Crypto as a whole but there would be some misconception on most newbies.There's no fun on staying poor but there are situations on which we dont have any choice but to deal with it.
It is just depending on how you do change up your life into something via exerting more effort and be more wise on what you are doing speaking with other source of income.
It doesnt matter if it do came on crypto or on traditional aspects it wouldnt matter much.

[boyptc]

When you say Crypto I hope you only mean Bitcoin because if you buy anything else then you are certainly going to have fun being poor.

It's in general.

But the majority would choose to have bitcoin and have plans of keeping it for long term. That's why it's your choice whether you'll get to have bitcoin and hold it for a long time as much as you're going to rely on it like a retirement fund.

Btw it's no fun being poor.

And that's basically, why many of us are investing and doing something to get out of it.

[cornhodlr]

When you say Crypto I hope you only mean Bitcoin because if you buy anything else then you are certainly going to have fun being poor.

It's in general.

But the majority would choose to have bitcoin and have plans of keeping it for long term. That's why it's your choice whether you'll get to have bitcoin and hold it for a long time as much as you're going to rely on it like a retirement fund.

Btw it's no fun being poor.

And that's basically, why many of us are investing and doing something to get out of it.

This is true.

[erep]

^ Investing in any type of cryptocurrency carries the danger of not being able to guarantee its legibility, which means it is prone to risk.

Investing in all types of cryptocurrencies will be poorer than before you got involved in crypto, don't go against the flow for the goal of getting rich instantly but improve your analytical skills to become a professional investor so that you can find and filter investment options of potential coins to support the portfolio. Also avoid the factor of greed and rash without consideration because it is the biggest risk in the cryptocurreny market.