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Author Topic: The poor people with their reasoning  (Read 1915 times)
JoyMarsha (OP)
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December 25, 2022, 12:50:45 PM
 #1

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

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December 25, 2022, 12:59:56 PM
Merited by crwth (1), molsewid (1), m2017 (1), Synchronice (1), BlackBoss_ (1)
 #2

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.

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December 25, 2022, 01:12:36 PM
 #3

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
~snip........................
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

I don't like discrediting poor people or things related to someone's status and forcing them to know about investing in Bitcoin or in crypto. To be honest, it's not a good way, because you also need to know the condition of their needs with the condition of your rich needs, there is a clear difference. There's nothing wrong with advising them to invest but we also shouldn't omit the essentials to see how difficult it is for them to survive amidst a difficult economy. Instead of investing, just surviving from day to day they have to postpone their dreams and future in order to have money to make a living.

Talking in your position is easy, but I'm curious what your perspective would be if you were in their position. pressure, very complicated burdens of life, and thinking about where to look for money tomorrow, do you have space in your mind to invest? certainly not

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December 25, 2022, 02:12:40 PM
 #4

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
Is it true that only "poor people" are hard to advise on investing? I do not think so. And if that's true, then I think they have a very underlying reason for their reluctance to see investing as something they have to do to guarantee a future. How could they think of such things when even meeting their daily needs is difficult? I think we have to look at it from two sides, from the needs that have been met and from the needs that are lacking. I understand that the intention to direct them to invest is a very good thing to do, but once again it must be accompanied by the ability to do it from a sound financial standpoint.

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December 25, 2022, 02:41:17 PM
 #5

don't think the poor has savings that they can risk because investing in bitcoin is a risk to them. They eat from hand to mouth and any money they have is what they rely on to take care of their needs. If a poor man invest in btc,he will find it difficult to endure during this period of the bear market,this can lead to his frustration in crypto.  Telling them about investing in bitcoin is like you want to add more to their sufferings that's is why they will come up with excuses which might be true
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December 25, 2022, 03:26:03 PM
 #6

What's your definition of "poor" people? What about someone who constantly switches signature campaigns, without actually being a user of the product/service advertised, just to earn the meagre satoshis on offer from campaign owners who won't stick around long enough to be taken seriously?

Would that person count as a poor person, and what of their reasoning for doing this?

You know it's also rich people who lose the most money and most often are victims of scams. Should we be teaching people to be as greedy as them?

When did convincing people to be greedy and "being successful in life" have anything to do with using Bitcoin?

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December 25, 2022, 03:37:06 PM
 #7

Can't even have a proper opinion as this is pretty much over-generalization. A lot of poor people live paycheck to paycheck and definitely can't afford to take risks with highly-volatile assets or with any asset investment.

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December 25, 2022, 03:50:17 PM
 #8

I don't know you but try to put yourself on their shoe and say those things.

Poor people doesn't have the luxury to learn something new in the complex business of the world but they surely know what are the basic stuff. You can't just go out and say "everyone listen to me this is my business proposal" everyone are busy making money for their daily lives. But I'm sure you can find some rare people that are interested in your proposal, you just have to work your way to find them.

Saying the right thing will help them to understand what you want in order for them to help you. Scammers are good at doing this but they were just heatless to take advantage of what the people are lacking.

"Communication is the key."

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December 25, 2022, 03:52:06 PM
 #9

People who are rich can sacrifice the now for the future with ease.

People who are poor Must sacrifice the future for the Now.  Do that long enough and there is never a future.  And they will fight you because they see you Sacrificing the Now, which they need. Now.  
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December 25, 2022, 04:02:08 PM
 #10


The poor lives from paycheck to paycheck, so it would be hard for them to trust when they are already wrecked before they can even spend on an investment. You can't blame them for that. But they need more than just encouragement and in this time of recession, you really can understand why some are just going to decline richness that can only come up in the next 2-3 years.


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December 25, 2022, 04:14:01 PM
Merited by 348Judah (3), Sandra_hakeem (1)
 #11

Can't even have a proper opinion as this is pretty much over-generalization. A lot of poor people live paycheck to paycheck and definitely can't afford to take risks with highly-volatile assets or with any asset investment.
Most people can't even provide the basic needs of life. Their main focus is to feed, cloth,
access health facilities and have accommodation, therefore investing in bitcoin is their least priority.

But some desperate ones who are focused on attaining financial freedom can deprive themselves of some of these basic needs because they want to raise funds to invest in Bitcoin. I have seen people that can cut the cost of feeding and clothing because they want to save to invest. One of the advantages of bitcoin is that it can be bought in bits. They can save and buy a few sats each month and within a few years, they might have gotten a good sum.

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December 25, 2022, 04:26:55 PM
 #12

Not all poor people will act like that; it depends on how willing someone is to keep trying. Those who do not want to give up on circumstances will continue to try to find something they have never even imagined before to try. They will keep trying to change their life for the better and if they have a good mentality, discipline and mindset that everyone has the same opportunity to have a better life, they will keep trying.

But indeed, most people tend not to try hard and even hope it is free money they can get without working hard. No one will give such a thing without trying. So it will depend on the person and not everyone will refuse to change their life for the better. When there is a will, there will be a way.
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December 25, 2022, 04:28:47 PM
 #13

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.


From my experiences I know that poor people struggle a lot to make their finances last a whole months, saving and investing is usually not an option. If you have no portfolio to start with it's very difficult to convince someone to start buying bitcoins or other crypto currencies. And it doesn't really matter if it's cryptos, stocks or commodity funds, there is no strong motivation for either of them. If you really want to help someone then you should do more than to only tell them to buy bitcoins. Why I noticed from poor families in my city is that in most cases not the income is the problem but rather the expenses. They are living above their means and even if they had some additional income from an investment portfolio than they would mostly likely also increase their expenses. Sitting down with them and show to control their finances better and have monthly budget in place would be the best way to help in my opinion.
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December 25, 2022, 05:05:49 PM
 #14

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.


From my experiences I know that poor people struggle a lot to make their finances last a whole months, saving and investing is usually not an option. If you have no portfolio to start with it's very difficult to convince someone to start buying bitcoins or other crypto currencies. And it doesn't really matter if it's cryptos, stocks or commodity funds, there is no strong motivation for either of them. If you really want to help someone then you should do more than to only tell them to buy bitcoins. Why I noticed from poor families in my city is that in most cases not the income is the problem but rather the expenses. They are living above their means and even if they had some additional income from an investment portfolio than they would mostly likely also increase their expenses. Sitting down with them and show to control their finances better and have monthly budget in place would be the best way to help in my opinion.
Some people are born poor and they struggle hard and become rich - while the other are born poor and remain poor throughout their lives.
and the poor people have their reason - in my country - people are very upset because the prices of the grocery has increased so much and they are unaffordable.

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December 25, 2022, 05:19:43 PM
 #15

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.

Just amazing reality this dude explained.
I have seen poor families literally eating the same food twice a day and even the left overs are eaten on the following day. That kind of poorer exists in the world man. You can’t expect anything from them which defines as “investing”. All they can invest into is a “hope” that they will do some random labour work 12 hours a day and hope that they will get food for it. They are just surviving, just breathing and still happy with it. I don’t think they in their own dreams they might be thinking about liquidating funds just like that on crypto.
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December 25, 2022, 05:36:31 PM
 #16

I don't think I'd blame them if they've got such a mentality, op. With the way the economy is shaping up, it may soon be hard for the middle class to be able to purchase those things needed to live comfortably. Bitcoin investment is quite profitable if you have the means, patience and doggedness to hold even in this bear season. A fact I can't vouch for those poor peeps who find it difficult to get a complete three square meal.
 
 

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December 25, 2022, 05:51:02 PM
 #17

What the fish you are thinking on persuading people to invest on high volatile asset. Poor people is the victim of imbalance distribution of wealth. It's not that they are doing so bad in there job but rather there job is not being valued properly.

Do you have any idea how hard it is for being a poor? There salary is not sufficient for there personal needs and you are suggesting to insist to them the investment while they don’t have money to start the investment? Not all people has the luxury for investment especially those poor because they are already stuck on the poverty cycle which the government can’t defeat because rich people always sucks all the wealth instead of distributing it to the poor.

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December 25, 2022, 06:27:05 PM
 #18

The first and the ultimate rule in investing into bitcoin is to Invest what you can lose. My question now is do poor people have money to lose?
There is different between average people and poor people. Poor people feed from hand to mouth can hardly invest.
So you can't blame them if they can't invest. Right now to be honest it is too much of a risk for this class of people to invest in crypto currency or even bitcoin

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December 25, 2022, 06:56:31 PM
 #19

In crypto world, it's said that 'Don't invest what you can't lose'. And you are here talking about poor people to invest. Like how are they gonna afford that?
They are taking risk every day, doing what they could to provide for their family or their own. And you are talking about taking risk. Get in their shoes and try to think like them. I guarantee those who lives a luxurious life won't be able to survive one day like poor people.
Instead of talking like this, help them. Don't try to force them, just because you think they can invest and be rich to lead a good life. Simple loss could lead them to suicide.
One person in my local area committed suicide because he had debt and could not provide for his family. Life is hard, learn to accept it. They are not sitting in front of a computer like we do and passing comments. Many of them doesn't even have electricity in their home. Think before you say something.
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December 25, 2022, 07:01:15 PM
 #20

Speaking aside of people's financial condition but still related, I believe there is a better urgency than directly outright investing. Say emergency funds, I think it is a way more beneficial and more thoughtful approach to come beforehand of an investment.

So, basic financial literacy is needed in a sequential approach. We might see that some people are expends on things they did not actually need, also some people are wanting short-term enjoyment rather than long-term benefit. Some people need an awareness of a step-by-step comprehension of what they are actually needed at the current point of their own life condition.
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December 25, 2022, 07:44:44 PM
 #21

We cannot force them to do what they want because there is a reason why they do not want to accept our advice to them. Others is also right that another reason is the lack of financial and also knowledge about the things we want to suggest to them. I'm not a rich person , but I want to change my lifestyle, so I study the investments that everyone's suggest to me , and for me I'll check if there's a good return in case I'm enticed.

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December 25, 2022, 07:52:54 PM
 #22

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to.


How can you blame someone who barely eat 2 times meal in a day or once without proper dieting when he is skeptical to invest in bitcoin. The less rich (I don't want to say poor) will find it difficult to invest and tie up money that was suppose to be used for other home front issues like especially feeding. Some homes barely feed daily so you don't expect such homes to have left out money to put in "cage" to mature. In fact such homes will easily be convinced to go into agriculture because they understand that terrain very well and not bitcoin.


They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.


Yes because they wish it was something they can do. Usually poor people are not risk takers. They only concern about the immediate needs but the rich plan for tomorrow or future and coupled with having loose money to invest. This is the reason for the rich to keep being rich.

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December 25, 2022, 07:56:17 PM
 #23

Why say in general poor people and investing? As much as I want people to invest in bitcoin, I try to understand first their situation. Maybe they're just living paycheck to paycheck and can't get out of the rat race. They want to invest too but it is that they're on an unfortunate situation and they can't allocate money for investing. Instead of investing, they'll just spend it for their daily expenses for food and every other important needs they need to cater.

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December 25, 2022, 08:11:27 PM
 #24

This is quite inconsiderate; you cannot judge others by their financial situation; it's impossible to know what someone has gone through. You can't promote Bitcoin as a panacea; you're implying that Bitcoin will magically transform someone from poor to rich. Someone who's barely making ends meet isn't even able to save for an emergency, let alone invest. On top of that, not everyone is familiar with the technology behind cryptocurrencies; thus, they're not comfortable purchasing something that they're not knowledgeable about and doesn't even guarantee them profit.

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December 25, 2022, 08:36:33 PM
 #25

You can’t always expect everyone to think and reason the same as you do. People have different opinions and cause of that, we may never see eye to eye on certain things and how we manage to get past our differences is what makes us better individuals.
Just cause an individual is financially poor, it doesn’t mean he also has poor reasoning. We should not conclude in a hurry and not judge an individuals reasoning capabilities with his financial muscle. You probably would have heard of the saying “you do not judge a book by its cover”.

I would assume you think yourself to have a higher reasoning capability than the so called poor people. You should have known that aside their financial situation which admittedly has a great impact on their thoughts and actions, there are other various reasons that would make them behave and act the way they do.
I know lots of wealthy people that according to your thesis, should have the maximum reasoning capability, wouldn’t want to hear a word about bitcoin cause they believe it to be a sham. You and I know it isn’t a sham so in this case, the wealthy folks have got poor reasoning capabilities.

Avoid stereotyping and have an open mind. Never look down or think ill on anyone cause of their financial status.
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December 25, 2022, 08:44:56 PM
 #26

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Poor people comes out of lots of reason to not disgrace themselves of having no money to invest.  You can put yourself on their shoes, saying you just have enough fund for your daily needs, and have to look for the money to pay your bills.  Do you think you can have the luxury to invest to a venture?  Poor people would rather put their money to the table and fill their belly than risk it to an unknown venture to them. 

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

Remember, before anything else, they need to have more than enough fund to sustain their living and pay their bills.  When that condition is fulfilled, you can see a different version of them.  Talking is easy but making them to have enough fund is harder.  If you wanted to help them give them the opportunity to earn more funds for their expenses not by investment but by giving them job, a steady source of income that can sustain their living.  If they have more than enough funds, then that is the time you can talk about investments.
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December 25, 2022, 09:17:49 PM
 #27

It is a classic but nevertheless true: your thinking and beliefs about money greatly influence the decisions you will take in your life and the risks that you will be willing to assume. This will in turn influence your financial situation and eventually will also reinforce those beliefs. That many times passes from generation to generation and it creates a social immobility.

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December 25, 2022, 09:46:40 PM
 #28

More precisely, why is it difficult for poor people to accept the knowledge you provide because according to my assumption they do not have sufficient understanding of how money can be made by investing, in my opinion, this depends on how understanding the world of finance is, not a few poor people can get rich (didn't you witness it ?) which means that not all poor people are the same. Understanding money is not easy because it takes time, thought, experience and courage to take risks. it also depends on job level and salary. there was no time for the poorest person to do such a thing as his one month's wages only filled half of it let alone having a child, there was no reason for him to fail in sacrificing time and money. This sounds logical for a married person.
However, if you want to continue to motivate people about the financial world, the people you suggest should be young people who are still free in their lives, I think they will respond better than poor people who have families.
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December 25, 2022, 10:15:12 PM
 #29

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

In some countries like Nigeria where most salary earned by citizen is below $100, it is highly difficult to invest just as he said. Therefore investing for such people may be difficult as their salary isn't even enough for their spending not to talk of saving.

Quote
The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.

Also so people are rich but don't really believe in investing. They rather believe to work for people than working on their own.

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December 25, 2022, 10:43:07 PM
 #30

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

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The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
I've been poor with the past years of my life and I know how it feels to be there. I'm not saying that I'm rich but I've got a better life at least for now and quite far from being poor. It's a tough situation and very thoughtless to say that they're not thinking about to invest.
How much is their daily wage and how much it will go to their expenses and bills? Yes, we're motivating them but this is a tough way, I don't think this is tough love but weighing things and what we'll say should really be considered.

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December 25, 2022, 10:48:34 PM
 #31

Poor people are poor for a reason and it's usually for their own fault: for not having initiative to work a little more, for declining doing more effort, for rejecting learning something new, added to the fact they can't control expenses properly and are constantly spending all the money they have on the current moment. Poor people are the biggest spenders and the ones who the least enjoy the money they spend, because they do it almost automatically, without measuring the consequences and how the spending could be more advantageous for them.

Poor people need to change their mindset in order to leave the precarious life they are inserted in. It's totally possible and they surely can, but they have to be strong and show genuine desire to change it at first place! It's an inner battle against themselves everyone has to face sometimes, for different reasons.

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December 25, 2022, 11:13:45 PM
 #32

The #1 rule of investing is "never invest what you can not afford to lose", and poor people can't lose anything, because losing your last money is devastating, it means going into debt, not being able to cover basing necessities, etc.

All those stories about someone getting out of poverty by investing $100 or $400 are not the norm, they are the exception, and for every such story there a hundreds of stories about someone who invested $100 into a high risk scheme or scam and lost it.

Bitcoin is also not a get rich quick scheme anymore. The days of x50 bull markets are over, and doubling or tippling the price is not good enough to go from poor to rich.

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December 25, 2022, 11:33:59 PM
 #33

Used to be my line of thinking before I took the leap of faith and tried investing for my own business. It's really hard to come out of that mindset especially if you were only focused on survival for most of the time. The difference between poor people and those in the middle class is that the former will never have other options but to survive and be practical, whereas the latter will at least have an option to use their money somewhere and can be lavish every once in a while, or use their money in investments without really hurting much of their finances.

While bitcoin may provide people something that they can count on as an investment, it's not a hundred percent certainty that it will always give you positive returns. Better make sure that your investments are for the long term in order to not get hurt by the volatility of your "investment."

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December 25, 2022, 11:54:44 PM
 #34

It is a classic but nevertheless true: your thinking and beliefs about money greatly influence the decisions you will take in your life and the risks that you will be willing to assume. This will in turn influence your financial situation and eventually will also reinforce those beliefs. That many times passes from generation to generation and it creates a social immobility.

But can belief matter much in having money? You can have the belief but you need to work today out so the channel for wealth is created. Belief that is not supporting to decision and dream is not a perfect belief, it will not grow the finance of the individual because things won't falling proper. If you have a belief system that is not in line with your dreams then it won't be perfect for financial growth.
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December 26, 2022, 04:56:24 AM
 #35

their main reason must be because they are “lazy”. a poor person who always works as hard as possible and never gives up is a person who is never lazy.

if we told them about running a new business there would definitely be 2 responses.

 1. they will reject it for various reasons, such as unexpert or lack of experience. if we tell them about running a new business, they will think twice. That is, a business must need a lot of capital, and they will see where the capital is coming from, and keep thinking but if they don't do anything it will be useless. thinking about effort and success, but he himself is not trying.

2. there are those who are happy to accept the advice that we pass on to them, and they will try their best to be in that field of business. that's my opinion.

 but once again this is advice from me, for me and for you.

 never look down on the poor. sometimes there are people who are poor, but they live with gratitude and happiness.

sometimes we also need to learn from them. that, the poor will not always be poor and the rich will not always be rich
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December 26, 2022, 05:54:00 AM
 #36

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

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The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

I Don't think the breakdown between poor and rich is correct here! It's all about the risk taking appetite of a human being. For example, Mr. Warren Buffet is extremely against the whole idea of cryptocurrency. He denied to invest in cryptos. He isn't poor. It's just that he is unwilling to take risk into crypto market. That's what the issue is!

I know people who have become poorer after investing in cryptos because they took loan for investment and didn't make any profit. That's what is is! Nothing to do with rich and poor.

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December 26, 2022, 06:28:37 AM
 #37


I Don't think the breakdown between poor and rich is correct here! It's all about the risk taking appetite of a human being. For example, Mr. Warren Buffet is extremely against the whole idea of cryptocurrency. He denied to invest in cryptos. He isn't poor. It's just that he is unwilling to take risk into crypto market. That's what the issue is!

I know people who have become poorer after investing in cryptos because they took loan for investment and didn't make any profit. That's what is is! Nothing to do with rich and poor.
I have meet some honest people who are really honest. They can share their bread and can earn a happy living.
While on the other hand I have seen people who are rich and scammer because they have no way to earn money but to loot others and to get the money from other people. They are the worse of all the creatures.

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December 26, 2022, 06:34:11 AM
 #38

You called them poor and you still criticize them for not investing? I don't know what the word "poor" means in your own perspective but going by general definition of poor, you can not expect such people who hardly feed and shelter for themselves to take a risk in investment. You can not risk like them if you don't earn like them.

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December 26, 2022, 07:02:22 AM
 #39

You called them poor and you still criticize them for not investing? I don't know what the word "poor" means in your own perspective but going by general definition of poor, you can not expect such people who hardly feed and shelter for themselves to take a risk in investment. You can not risk like them if you don't earn like them.
I know many poor people who know how to invest and make their living better by investing and saving.
In Fact some people - -  like me dont know how to invest and when they do - it is a mess.

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December 26, 2022, 07:03:47 AM
 #40

Generally, poor people find it difficult to invest money on anything, they are too obsessed with how much they have presently, when you advice them to invest they will ask when they will reap what they sow and knowing that it's years down the road they will feel somehow.

It's true that this depends on human nature too because I started as a poor fellow before investing, I just get used to invest all along and it favors me, in the end, one has to be willing to lose it all before gaining a lot back and many poor people don't like this.

If we look deeply into this you will find out that poor people are raised in such a way, investment was never part of their game from father and grand fathers down the line, this is why I believe that been poor sometimes can be an error in the lineage thing. It

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December 26, 2022, 09:44:33 AM
 #41

Generally, poor people find it difficult to invest money on anything, they are too obsessed with how much they have presently, when you advice them to invest they will ask when they will reap what they sow and knowing that it's years down the road they will feel somehow.

It's true that this depends on human nature too because I started as a poor fellow before investing, I just get used to invest all along and it favors me, in the end, one has to be willing to lose it all before gaining a lot back and many poor people don't like this.

If we look deeply into this you will find out that poor people are raised in such a way, investment was never part of their game from father and grand fathers down the line, this is why I believe that been poor sometimes can be an error in the lineage thing. It
I think there are people who focuses on the problem and there are others who focuses on the solution
I am now becoming the one who focus on the solution more than the problem.. I can call myself poor but now my goal is financial freedom in 2023 and I am very serious about it.

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lixer
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December 26, 2022, 10:05:10 AM
 #42

Generally, poor people find it difficult to invest money on anything, they are too obsessed with how much they have presently, when you advice them to invest they will ask when they will reap what they sow and knowing that it's years down the road they will feel somehow.

It's true that this depends on human nature too because I started as a poor fellow before investing, I just get used to invest all along and it favors me, in the end, one has to be willing to lose it all before gaining a lot back and many poor people don't like this.

If we look deeply into this you will find out that poor people are raised in such a way, investment was never part of their game from father and grand fathers down the line, this is why I believe that been poor sometimes can be an error in the lineage thing. It
It's not that they are greedy but let's not forget that they are poor so they will still pull out the money that they invest later on. For them it's kinda useless to invest in long term and then the return isn't really that great. This is why most of them got scammed because they mostly fail on those get-rich-quick schemes.

I wouldn't really blame for this without knowing their true story. You are right. For someone who is poor, what important for them is the present and not the future. They are happy on what they currently see in their paychecks but they will feel sad if some of this money are going to be allocated else where becasue they also need it right away for a more important use.

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December 26, 2022, 11:02:07 AM
 #43

It's not that they are greedy but let's not forget that they are poor so they will still pull out the money that they invest later on. For them it's kinda useless to invest in long term and then the return isn't really that great. This is why most of them got scammed because they mostly fail on those get-rich-quick schemes.

I wouldn't really blame for this without knowing their true story. You are right. For someone who is poor, what important for them is the present and not the future. They are happy on what they currently see in their paychecks but they will feel sad if some of this money are going to be allocated else where becasue they also need it right away for a more important use.
I would like to understand who, in your understanding, is a poor person, and who can be attributed to the middle class? Rich people were also once poor, but they were able to change something in their lives, change their habits, improve their education, change their thinking, and this helped to change their lives. Wealthy people also have bad trades, but they may not try to get out of a trade as often because they know that they have reserves that can hedge them in difficult times.

And people with a small budget will care about it much more, so their worries will be stronger if their investment drops in value. Our habits will determine what will be in us in the future, you can earn money to save and invest, or you can spend the money you have earned on some unnecessary thing. Now this may seem like an insignificant amount, but if it is done systematically for a long time, then the results can exceed expectations. And if these funds are still successfully invested, then the poor person gets a good chance to become rich.
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December 26, 2022, 03:35:43 PM
Merited by CageMabok (1)
 #44

I wouldn't really blame for this without knowing their true story. You are right. For someone who is poor, what important for them is the present and not the future. They are happy on what they currently see in their paychecks but they will feel sad if some of this money are going to be allocated else where becasue they also need it right away for a more important use.
You have to objectively review the welfare level of the poor and their funds are not sufficient to be allocated to crypto investment, they need more to meet their daily needs and do not have enough funds for savings, I reviewed from the low-level poverty group but their lives must be improved change from their own hands, they will definitely reach the middle level of the economy if they are willing to put in any effort and work hard for a better life. But yes, they don't need to be far from crypto because not all investments are from savings funds but crypto investments can be deposited from funds obtained from any crypto-based events or programs including airdrops, bounties, signature campaigns, and others, some of which are used as assets for investment because the current market price can double profits in the future, so the poor also have the right to become rich if they want to change their destiny to become rich.


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S A KHAIR
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December 26, 2022, 04:04:26 PM
 #45

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
For the poor, they like to make money but don't want to take risks, while cryptocurrencies can be profitable but need to take risks. For me this is a very difficult case, I will not convince anyone, but if there is a chance I will share the opportunity with them, and accept it or not, I want them to decide for themselves. We should not interfere too much with them because we are not them, we do not know the difficulties they are facing.

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December 26, 2022, 04:19:30 PM
 #46

For the poor, they like to make money but don't want to take risks, while cryptocurrencies can be profitable but need to take risks. For me this is a very difficult case, I will not convince anyone, but if there is a chance I will share the opportunity with them, and accept it or not, I want them to decide for themselves. We should not interfere too much with them because we are not them, we do not know the difficulties they are facing.
I think it is a matter of luck too - sometime people get rich in an instant - these days many poor people are getting richer by making one video only.
And we middle class people keep wondering why we work hard and keep struggling. But we never get rich. That is what the life is about.

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December 26, 2022, 05:18:26 PM
 #47

I wouldn't really blame for this without knowing their true story. You are right. For someone who is poor, what important for them is the present and not the future. They are happy on what they currently see in their paychecks but they will feel sad if some of this money are going to be allocated else where becasue they also need it right away for a more important use.
You have to objectively review the welfare level of the poor and their funds are not sufficient to be allocated to crypto investment, they need more to meet their daily needs and do not have enough funds for savings, I reviewed from the low-level poverty group but their lives must be improved change from their own hands, they will definitely reach the middle level of the economy if they are willing to put in any effort and work hard for a better life. But yes, they don't need to be far from crypto because not all investments are from savings funds but crypto investments can be deposited from funds obtained from any crypto-based events or programs including airdrops, bounties, signature campaigns, and others, some of which are used as assets for investment because the current market price can double profits in the future, so the poor also have the right to become rich if they want to change their destiny to become rich.
Actually I see that it is the poor who are more enthusiastic about working hard than the rich. But they only work by using violence, in the sense that they work hard but don't work smart. I saw them working from early in the morning until late at night. In this case I don't know who to blame because the reality is that work is currently difficult in my country.
I'm sure they also think about the future, but they don't have the ability to do that. No one doesn't think about their future, moreover they also have offspring who want their offspring to have a better life than they currently have. But again, the economic limitations they feel at this time make it difficult for them to move on to a better stage of life.

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Mr.right85
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December 26, 2022, 05:46:16 PM
 #48

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.
Well bitcoin is for everyone, both rich and poor alike but, its the more easier for a rich or some middle status individual to invest in cryptocurrency than a poor guy. The reason is because, most of the poor guys around practice the system of feeding on what the day provides. Let's not forget, one rule to investing is often about what you can afford to lose and for a poor guy, that's non existence. Every penny is vital and if it isn't making immediate returns, its hard for them to risk it. There survival seems to depend on it but somehow, a few would try and get there chance at a better life.
I don't get to blame them much over most of there decisions, they are just trying to guide against what could be in evitable in there venturing into the unknown.

It's always important to have some knowledge in what your investing in. Them having to think that way isn't wrong. I won't advise it for anyone to just venture into the unknown. You seek knowledge about it, then you can try investing in it.

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TimeTeller
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December 26, 2022, 06:15:52 PM
 #49

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.
Well bitcoin is for everyone, both rich and poor alike but, its the more easier for a rich or some middle status individual to invest in cryptocurrency than a poor guy. The reason is because, most of the poor guys around practice the system of feeding on what the day provides. Let's not forget, one rule to investing is often about what you can afford to lose and for a poor guy, that's non existence. Every penny is vital and if it isn't making immediate returns, its hard for them to risk it. There survival seems to depend on it but somehow, a few would try and get there chance at a better life.
I don't get to blame them much over most of there decisions, they are just trying to guide against what could be in evitable in there venturing into the unknown.

It's always important to have some knowledge in what your investing in. Them having to think that way isn't wrong. I won't advise it for anyone to just venture into the unknown. You seek knowledge about it, then you can try investing in it.

That is very true. A poor guy who has just enough income to feed himself, won't dare to invest on a risky one.
So it is understandable that they won't dare to put some funds on this market.
They will buy their food on the table first before anything else. But for some who have extra, they can very well look into other assets.
Maybe, if you will give them extra funds just to show what this market is, they may try checking this out.
Otherwise, they won't. Unless, they got their interest here and learn some tips on how to earn. But survival is always their priority.
JoyMarsha (OP)
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December 26, 2022, 06:39:56 PM
 #50

Generally, poor people find it difficult to invest money on anything, they are too obsessed with how much they have presently, when you advice them to invest they will ask when they will reap what they sow and knowing that it's years down the road they will feel somehow.

It's true that this depends on human nature too because I started as a poor fellow before investing, I just get used to invest all along and it favors me, in the end, one has to be willing to lose it all before gaining a lot back and many poor people don't like this.

If we look deeply into this you will find out that poor people are raised in such a way, investment was never part of their game from father and grand fathers down the line, this is why I believe that been poor sometimes can be an error in the lineage thing. It
Tell them to work very hard instead, they will give excuses of how there isn't any work in the nation that is limiting them to work hard as expected. They prefer to avoid engaging in any chances that are within their grasp by moving from one house of prayer to another while waiting for a miracle to occur in their lives.

The issue with many of them is that they attribute success to luck. They always perceive success from the standpoint of heredity, which limits them and leaves them feeling disappointed.

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Iroh
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December 26, 2022, 07:18:20 PM
 #51

Generally, poor people find it difficult to invest money on anything, they are too obsessed with how much they have presently, when you advice them to invest they will ask when they will reap what they sow and knowing that it's years down the road they will feel somehow.

It's true that this depends on human nature too because I started as a poor fellow before investing, I just get used to invest all along and it favors me, in the end, one has to be willing to lose it all before gaining a lot back and many poor people don't like this.

If we look deeply into this you will find out that poor people are raised in such a way, investment was never part of their game from father and grand fathers down the line, this is why I believe that been poor sometimes can be an error in the lineage thing. It
Tell them to work very hard instead, they will give excuses of how there isn't any work in the nation that is limiting them to work hard as expected. They prefer to avoid engaging in any chances that are within their grasp by moving from one house of prayer to another while waiting for a miracle to occur in their lives.

The issue with many of them is that they attribute success to luck. They always perceive success from the standpoint of heredity, which limits them and leaves them feeling disappointed.

To work very hard isn’t the issue as there are lots of financially poor individuals that work really hard. They work hard and late, some having more than 2 jobs to stay afloat. Most poor folks haven’t got any skill or educational qualifications to acquire and hold a reasonable or reputable job that pays big bucks, hereby resulting to them falling back to menial jobs to survive.
There are lots of people I know who aren’t financially strong that work really hard. While a lot of poor people would most likely be lazy or unmotivated to work, there are also others who are willing to work multiple jobs to make ends meet.
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December 26, 2022, 07:20:05 PM
 #52

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

poor people will only find all kinds of reasons to refuse when you say the right thing especially when you mention bitcoin because I have experienced that a few times. for that reason I gave up on them and just let them stay with their poor mindset.

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

I never believed that being poor was fate, it all happened when you really had no intention of changing your life. Rich people have strong thoughts that they can change their lives, but poor people have weak minds and believe that their poverty is God's doing. without investing and taking risks, one cannot get rich.



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December 26, 2022, 07:38:39 PM
 #53

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.

I recently met a girl who worked as a teacher and who had a very small salary. 

However, she did not want to live in poverty and was actively engaged in self-development.  She went through various personal growth trainings, looked for additional sources of income and invested part of her money in stocks. 

Every evening she planned income and expenses for the next day.  During the year she managed to accumulate a very significant amount of money.

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December 26, 2022, 08:25:21 PM
 #54

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.

I recently met a girl who worked as a teacher and who had a very small salary. 

However, she did not want to live in poverty and was actively engaged in self-development.  She went through various personal growth trainings, looked for additional sources of income and invested part of her money in stocks. 

Every evening she planned income and expenses for the next day.  During the year she managed to accumulate a very significant amount of money.
You are right and I think many of them have a small monthly income and have the desire to make any kind of investment and aim to have a brighter future, and their solution is to have a side job.
and most of their plan is their salary to invest and income from side jobs to make ends meet, even many of them have a good mind or intelligence and only circumstances and limitations make the difference but they don't give up and also know investing is good.
the reason I'm talking like this is because some of my friends do it, and she's just a low paid honorary teacher, and also a janitor and both of them have second jobs after they do the required work.
investing in anything is not the right of the middle or upper class, and without you knowing it many poor people are doing it, including in this industry and in whatever way they do it because it aims for their better future even if only investing small amounts regularly over time there will be a lot, and also being open means not knowing the risks.

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December 26, 2022, 09:42:14 PM
 #55

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.

I recently met a girl who worked as a teacher and who had a very small salary. 

However, she did not want to live in poverty and was actively engaged in self-development.  She went through various personal growth trainings, looked for additional sources of income and invested part of her money in stocks. 

Every evening she planned income and expenses for the next day.  During the year she managed to accumulate a very significant amount of money.
This is very rare thing, because not all take necessary steps to make their life better. Dedication is must and scheduling is really important when we run for something while learning continuously. Poor people show interest on saving than investing. During the pandemic the poor people suffered much and the same have made them look for part time earning possibilities. When we have the ability to manage our income and expenses perfectly it is possible to accumulate good sum of fund amidst the economic situation.

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December 26, 2022, 09:57:21 PM
 #56

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

You need some more radical moves, like paying them in BTC. They lack leadership and initiative, but if you'll pay them in BTC that will be a massive change. No need to invest, make decisions - BTC will be sent to their wallets by their employer and people will be able to spend it on food or whatever they like. Will this time ever come? I hope so. Until then, we're all too early...  Cool
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December 27, 2022, 03:49:13 AM
 #57

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.
Exactly.

It is really just easy for us who do have the money to invest or extra for us to say about investment or something like that but if you are really on that situation where you are on their feet then you would definitely
do the same thing.You would eventually missed out nor not really considering on making investment just because there's nothing you can do or you dont have any options considering that your earning
is just enough for your everyday living or survival.There's no way you would be thinking about making investment but rather you would be mainly thinking on how you would be putting up
something on your stomach on day to day basis specially if you do have a family to feed.This is why i couldnt really blame them out on why they do stay something on that area.
They are too worried about their survival that investments stay in second plan. But at same time, there must be another route to follow. If it's not possible to decrease expenses, it must be possible to increase income. Maybe looking for an extra job? Maybe putting the family to work as well? Maybe asking for help from the governmental welfare until the situation becomes more confortable? If the person puts his brain to work, he will find a possible solution for the currently problems he is encountering. Then he must put it in practice and see how it works.

The fact is that decision and initiative are needed and can come only from the person in precarious situation. If he doesn't try overcoming the difficulties, nobody will come on his aid.

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December 27, 2022, 04:28:43 AM
 #58

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.

I agree with previous comments that point out that this is a generalization that we cannot take as true. I would say that it makes more sense to apply it not so much to those who are poor as to those who have a poor mentality. Normally the two things go together but there is a small percentage of poor people, which I do not dare to quantify, who try to improve in their work, to find another job, and with that extra income, they can save and potentially invest. These people, even if their starting point is poor, have the mentality of the rich and actively try to get out of poverty. This is for industrialized societies. If you are poor in a desert area of Somalia, you probably can't do anything.

It is difficult to convince those who do not have that mentality to change. Maybe the only thing that can motivate them is to see examples around them whose starting point is the same as theirs and they make progress.

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December 27, 2022, 04:56:05 AM
 #59

If you're looking into poor people that can hardly provide their basic needs then you cannot really convince them. What they need is a better job or income in order for them to save something for their future like investments and business.

On the other hand, there are poor people that have little excess money. Except that most of them have a different mentality. They prefer to buy phones, gadgets, and other devices that are not really that necessary for their future. Because they have excess from their regular salaries, they prefer to borrow money in order to purchase expensive stuffs that won't grow in value over the years. So yeah, they are a good target for financial education. I prefer to tell them about bitcoin rather than tell them to invest in it. Other options should be considered too like launching even a small business that can further alleviate their status of life.

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Marcellin9
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December 27, 2022, 06:12:11 AM
 #60

What's your definition of "poor" people? What about someone who constantly switches signature campaigns, without actually being a user of the product/service advertised, just to earn the meagre satoshis on offer from campaign owners who won't stick around long enough to be taken seriously?

Would that person count as a poor person, and what of their reasoning for doing this?

You know it's also rich people who lose the most money and most often are victims of scams. Should we be teaching people to be as greedy as them?

When did convincing people to be greedy and "being successful in life" have anything to do with using Bitcoin?

For your comment, Mr. Buwaytress, you have my respect. It's so easy to fall into someone's trap and don't look at things objectively. Great job !!
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December 27, 2022, 06:19:24 AM
Merited by fillippone (1)
 #61

For the poor, they like to make money but don't want to take risks, while cryptocurrencies can be profitable but need to take risks. For me this is a very difficult case, I will not convince anyone, but if there is a chance I will share the opportunity with them, and accept it or not, I want them to decide for themselves. We should not interfere too much with them because we are not them, we do not know the difficulties they are facing.
Not only the poor if it is a matter of making money. Because rich people also like to make money by understanding the risks and also trying to avoid risks when looking for money. And in this case I also agree with what you said where we don't need to convince anyone in terms of making money through anything, because besides we don't know what problem they are facing, maybe they also have a slightly different way than what we suggest. So it's better not to convince him or suggest it because every job always has its own risks and those who want to or are doing it must really understand it.

I think it is a matter of luck too - sometime people get rich in an instant - these days many poor people are getting richer by making one video only.
And we middle class people keep wondering why we work hard and keep struggling. But we never get rich. That is what the life is about.
One's luck cannot be guessed or predicted, because basically every fortune has been arranged by God and every human being only needs to try through work, work, and work even though there are boredom and obstacles that we have to face. So there is no need to wonder why other people get rich in an instant because it will consume your mind's energy and your precious time in thinking about it continuously.

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irhact
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December 27, 2022, 06:41:37 AM
 #62

Others is also right that another reason is the lack of financial and also knowledge about the things we want to suggest to them. I'm not a rich person , but I want to change my lifestyle, so I study the investments that everyone's suggest to me , and for me I'll check if there's a good return in case I'm enticed.

Before we pressure poor people to invest into cryptocurency to have their life turned around, have we asked ourselves if this people have money to take care of themselves first before keeping some aside to invest. Investing in cryptocurency mean you have to keep money that you'll not need for atleast 2-4years but this poor individual need every cent that enters their hands because they feed from hand to mount.

Let's not always blame the poor, they didn't have life as easy as you do. You're on an hourly, weekly or monthly income since you're working while most poor people barely have a work that they're doing. Life isn't fair to them so don't make it seem like they are the cause of their problem.

R


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December 27, 2022, 07:03:31 AM
 #63

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
Have you ever heard the saying that the poor get poorer and the rich get richer?
This indicates a different mindset between the poor and the rich or those who have savings in their savings. Poor people look for money to finance their daily lives by relying on muscles, while rich people want to increase their wealth by relying on their intelligence.
Money is of course the main factor, which is in the minds of the poor how to get money for family needs. It is very difficult for them to find financial breakthroughs to improve their financial situation because it is very difficult to gain trust when taking loans from third parties.


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December 27, 2022, 08:00:29 AM
 #64

Because the poorer you are, the more vulnerable you are to accidents and serious illnesses; the poorer you are, the more you cannot afford to lose in the investment market; Only by working hard can you live the life you want; the poorer you are, the more lack of financial and business education and limited thinking, the more you need to fill up the shortcomings through self-education; the poorer you are, the earlier you have to start doing everything well Prepare.
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December 27, 2022, 08:22:49 AM
 #65

Poor people live with one day, or their money have a very short life span. I cant imagine what magic must be used to persuade a person to make an investment, whos primary thoughts are what he needs to do right now, to be able to wake up tomorrow. Such people longest "long time investment" probably is "product valid date". Like people say "hungry is not a friend of the full".

R


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MarjorieZimmermanGinger
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December 27, 2022, 01:08:09 PM
 #66

The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.
It seems that associating investing with the poor is too tendentious, people who do not accept bitcoins as part of an investment are different from poor people who do not have enough cash flow to invest. Most people who criticize and keep asking about the management of investment funds during the economic crisis do not represent the poor. They never understand the nature and concept of bitcoin investment, because what they think is a way to meet their daily needs and they will never want to know what investment is.

Precisely what I see people who always criticize and disagree with bitcoin are those who absolutely do not want fiat currency to disappear and I think everyone knows who they are.

Quote
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
There is no formula that can convince them, because all they think about is the necessities of life which are far more difficult than having to think about investing. Logically, where do they get money to invest if their daily needs are difficult. Do we have to suggest that they take out a loan to make an investment, because what I know is that this is even more risky.

Is there another way that makes more sense to you???

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Iroh
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December 27, 2022, 02:18:57 PM
 #67

Because the poorer you are, the more vulnerable you are to accidents and serious illnesses; the poorer you are, the more you cannot afford to lose in the investment market; Only by working hard can you live the life you want; the poorer you are, the more lack of financial and business education and limited thinking, the more you need to fill up the shortcomings through self-education; the poorer you are, the earlier you have to start doing everything well Prepare.

Yes, the poorer you get, Thor more vulnerable an individual is to accidents and all that. The individual is struggling to stay afloat and can barely afford groceries and utility bills. They live paycheck to paycheck and can barely afford to have any savings. All these would certainly have an effect on the individuals mentally. He barely has enough to eat so he would most likely not want to listen to anything that would entail him parting away with his funds. I understand and would excuse that behavior. Financial education along with entrepreneurship and skill acquisition is very important now as it was then.
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December 27, 2022, 02:22:27 PM
 #68

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
Poor people are the biggest doubters, naysayers and critics. I pity them most times because it is not in their nature but their environment.
The thing is that they have been subconsciously programmed by their environment to believe that they cannot not be rich.
The thing with poor people is that most of them can't see past their next meal, their next paycheck etc.
And guess what? Poor people hang around other poor people all day long.
The only best way to persuade them in my opinion is to show them that is possible.
The possibility and potentials of Bitcoin.
 

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December 27, 2022, 04:42:21 PM
 #69

A person who is poor, considering their monthly or yearly income, will have a lot of burdens to take care of. Mainly food, water and shelter. For them having access to electricity and internet might be a thing of luxury, you might be aware of. Hence to them, bitcoin is defenitely a luxury and fiat is the thing they know and are conversant with.

Also the education level of such people will be low and that leads to a sense of suspicion and paranoia against rich folks or people who are trying to persuade them into something. From their perspective, it is logical, just think about it yourself.

I think what is needed is gradual expression of pros and cons and how bitcoin can empower such people. Eventually they will come forward themselves - this is important because the maximum acceptance occurs when the impetus comes from the one being taught.

R


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December 27, 2022, 05:15:20 PM
 #70

We don't know what poor people are going through because we don't live the same way. Some of them are just trying to survive If they are just earning to live so they would have at least a single meal a day, how on earth will they think of investing? I'm sure that if they would have more funds for investment, they will prioritize it. We all have different situations and we're lucky because we can still invest but we can't look down on poor people who are struggling each day just to deal with the hardships of life. We don't have the same opportunities and chances so we should be considerate and just try to understand their situation.
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December 27, 2022, 07:21:14 PM
Last edit: December 31, 2022, 09:43:31 PM by Alpha Marine
 #71

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

People all have their reasons for doing whatever they do. You can't tell somebody that makes so little and has a family to take care of to abandon his family and take a risk in an investment and expect him to just jump right into it.
For someone to invest, especially someone with lots of responsibilities, they have to have money to take care of their responsibilities first.
From my experience in life, I'm very skeptical of anything that comes freely or things that are too good to be true. When you're easily enticed be these things you'll easily run into scams.

Believe system of people is also a hindrance. So if you want to persuade someone to take financial risk, the believe of that person has to change. This does not only apply to poor people.

Poverty on its own is relative. There are people that do not share the same ambition as you. They're okay where they are, even if they can go further. Money may mean to world to you but to others, not so much, not because they have an abundance of it but because they see life differently, and that's okay.

R


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December 27, 2022, 07:53:42 PM
 #72

I don't think it only relates to the poor only, there are many rich folks who are not convinced btc is worth investing in. Haven't you seen some wealthy people condemning btc openly in public because of what they think about it?
Investing in btc is base on opinion and not financial status.

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December 27, 2022, 08:06:34 PM
 #73

There are two types of poor:
1. People who are poor because they are lazy.
2. People who are poor because they come from a poor family that wasn't able to afford their education or sports or hobbies. Or worse, their father died earlier and had to feed the family.

There is a huge difference between these two poor. There are people who work in constructions, who work in factories, who constantly put huge strain on their back to feed their family and then they come so tired from 12 hours of physical work a day that they aren't able to even think about anything.
I suggest OP to work 12 hour a day in factories or in constructions where you will be under huge physical stress and if you manage to have time to not only do but to think about something other than that, good luck Smiley I have seen these people who come tired from work, spend an hour with kids and then sleep to spend another terrible day in a very stressful work. And imagine, a lot these people have wives who always yell on them for not being rich. Please at least don't talk about them this way, our society is hugely dependent on them, we should be appreciating them the most instead of admiring and spending tons of money on drugs, whores and prostitutes.

Some of them carry very high energy and finally manage to break through that damn cycle but that's very, very hard.

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December 27, 2022, 08:09:14 PM
 #74

The way I see it, it is not completely about the fact someone is poor or going through challenging times.
There are people who managed to improve their situation, through work and education, etc. and even though they can save money and even spend of things they could not in the past, they still hold the fear of falling into poverty or manage their finances as before. I believe this results in extremely conservative economical decisions: saving rather investing, for example.


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December 27, 2022, 08:26:59 PM
 #75

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.

The most important thing here is they don't have the plan to follow they just think that they need to have huge money for investing and they think they should invest the money they don't need for spending while the wise people will invest their money and then they have some extra money for spending and even if they have 1 dollar income they still have some a few cents for investing. That's why these people can get rich while other people will lose money because of having no investments.

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December 27, 2022, 08:28:28 PM
 #76

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

You might find it easy to ridicule the poor, but it's often not easy to break free from this situation. First off it can require education which takes time and often money to acquire, although the internet does offer a wealth of information for free if you know where to look. In reality a lot more financial education could be taught in school about managing money and the perils of using things like credit cards improperly, the fact that mortgages are generally the only good type of debt worth having and all sorts of things. When you're low on money, you can also have a very short term outlook on life where it's hard to think about returns in a year from small amounts you might be able to accrue over time.

R


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December 27, 2022, 08:41:23 PM
 #77

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

I think you are discrediting too much about social strata in this case because regardless of anything bitcoin is for everyone as for persuasion or advice about investing in bitcoin this depends on the attitude of the person himself whether they want it or not and this is not only about the poor and rich. Look at some of the figures who oppose and don't want to be in bitcoin, say Warren Buffet or some other people, they don't believe in bitcoin.
This is not a matter of being poor or rich, but a matter of belief whether we really want to be in bitcoin or not, because no matter how rich we are, when we don't want to be in bitcoin, we will definitely refuse. on the other hand, on the contrary, no matter how poor you are, when you want to be on this path, they will work on it.

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December 27, 2022, 09:05:52 PM
 #78

For the poor, they like to make money but don't want to take risks, while cryptocurrencies can be profitable but need to take risks. For me this is a very difficult case, I will not convince anyone, but if there is a chance I will share the opportunity with them, and accept it or not, I want them to decide for themselves. We should not interfere too much with them because we are not them, we do not know the difficulties they are facing.
I think it is a matter of luck too - sometime people get rich in an instant - these days many poor people are getting richer by making one video only.
And we middle class people keep wondering why we work hard and keep struggling. But we never get rich. That is what the life is about.

That quiet sad, most poor people are really scared to take some risk of investing in bitcoin, they doesn't know maybe the moment they invest the economy might be so bad.
But some of the poor take one risk to invest and their entire life will suddenly change, i don't think that will be bad idea for poor people to try and invest.

R


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December 27, 2022, 09:10:39 PM
 #79

For the poor, they like to make money but don't want to take risks, while cryptocurrencies can be profitable but need to take risks. For me this is a very difficult case, I will not convince anyone, but if there is a chance I will share the opportunity with them, and accept it or not, I want them to decide for themselves. We should not interfere too much with them because we are not them, we do not know the difficulties they are facing.
I think it is a matter of luck too - sometime people get rich in an instant - these days many poor people are getting richer by making one video only.
And we middle class people keep wondering why we work hard and keep struggling. But we never get rich. That is what the life is about.

That quiet sad, most poor people are really scared to take some risk of investing in bitcoin, they doesn't know maybe the moment they invest the economy might be so bad.
But some of the poor take one risk to invest and their entire life will suddenly change, i don't think that will be bad idea for poor people to try and invest.
They arent that scared but rather on how they would be making out some investment if they dont have the money? Come to think that Bitcoin isnt something a holy grail or method on making yourself pull out on poverty

situation which is really a wrong belief to have in mind which should really be avoided and not to think upon.Its an option but you should really know that you would be still needing to make yourself get involved
and make out some effort and make out some good decisions to find yourself to be effective on this market.

This isnt really just putting up some money then you do make profits and make yourself that considered on the good side.This isnt just how it works.

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December 27, 2022, 09:12:11 PM
 #80

For the poor, they like to make money but don't want to take risks, while cryptocurrencies can be profitable but need to take risks. For me this is a very difficult case, I will not convince anyone, but if there is a chance I will share the opportunity with them, and accept it or not, I want them to decide for themselves. We should not interfere too much with them because we are not them, we do not know the difficulties they are facing.
I think it is a matter of luck too - sometime people get rich in an instant - these days many poor people are getting richer by making one video only.
And we middle class people keep wondering why we work hard and keep struggling. But we never get rich. That is what the life is about.

You are right is mate is matter of luck, most poor people are really scared to take some risk of investing in bitcoin, they don't know maybe the moment they invest the economy might turn good tomorrow.
But some of the poor people take one risk to invest and their entire life will suddenly change, i don't think that will be bad idea for poor people to try and invest.

R


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December 27, 2022, 09:38:37 PM
 #81

For the poor, they like to make money but don't want to take risks, while cryptocurrencies can be profitable but need to take risks. For me this is a very difficult case, I will not convince anyone, but if there is a chance I will share the opportunity with them, and accept it or not, I want them to decide for themselves. We should not interfere too much with them because we are not them, we do not know the difficulties they are facing.
I think it is a matter of luck too - sometime people get rich in an instant - these days many poor people are getting richer by making one video only.
And we middle class people keep wondering why we work hard and keep struggling. But we never get rich. That is what the life is about.

You are right is mate is matter of luck, most poor people are really scared to take some risk of investing in bitcoin, they don't know maybe the moment they invest the economy might turn good tomorrow.
But some of the poor people take one risk to invest and their entire life will suddenly change, i don't think that will be bad idea for poor people to try and invest.
Okay lets say that they had invested with Bitcoin? Then whats next?

For sure they would be expecting huge amount of profits in a short time. (Which it isnt really that realistic)
For sure they are really convincing and believing to themselves that they are already that rich.

On the time that you do make out investment then just make it sure that you are pretty aware of the basics so that you wont really get
that frustrate out on things that you would be finding later on.It isnt really just simple as it looks.
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December 28, 2022, 02:51:02 AM
 #82

In general, poor people find it difficult to accept new knowledge that absorbs more capital, moreover there is a risk in it to improve the quality of life. They have no savings, it is already difficult to finance their daily life, it is impossible for them to borrow money to invest that has not guaranteed 100% profit.
It's not that they don't want to change their fate for the better, but due to their limited finances, it's difficult for them to do something that has a risk in it. Courage in taking action always offers two possibilities, success and failure. Poor people must have a little savings to do something new, if they fail it doesn't impact the lenders.

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December 28, 2022, 03:28:22 AM
 #83

We don't know what poor people are going through because we don't live the same way. Some of them are just trying to survive If they are just earning to live so they would have at least a single meal a day, how on earth will they think of investing? I'm sure that if they would have more funds for investment, they will prioritize it. We all have different situations and we're lucky because we can still invest but we can't look down on poor people who are struggling each day just to deal with the hardships of life. We don't have the same opportunities and chances so we should be considerate and just try to understand their situation.

Exactly, everyone has a different situation, we are not in their case, so it is impossible to know what they are going through. All of us here may not be rich, but for me having a smartphone or a computer to work with is not poverty, there are more difficult cases than we think. As you said: they can't take care of 3 meals a day, so how can they invest? No one wants to be poor forever, and everyone has the will to get rich, but sometimes the environment and circumstances do not allow them to do that.

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December 28, 2022, 05:32:49 AM
 #84

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

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The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
I can't blame poor people will behave that way and having that kind of mindset. The truth is that not all are born rich. I hear that poor people are talking about their desires to become rich but sadly, it is really hard to become material due to a lack of support from their parents and also with the influence of their environment. Many people will say that we all have the opportunity to become rich and I agree with that but for the poor people, that is likely too far from happening.

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December 28, 2022, 05:47:04 AM
 #85

There's something about the poor that you need to know, you don't give what you don't have. Imagine a poor man investing in a business that he know nothing about and he's using his last cash, you think he'll be confident of having a positive outcome? Poor people don't do such because they know if they invest they'll have nothing left.
Is really hard to just use words to convince the poor, to me is better you give them the cash other than trying to get them to invest or something, they know how hard it takes to get the little they have. Business and investment are not for the poor.

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December 28, 2022, 02:45:51 PM
 #86

It's not that they are greedy but let's not forget that they are poor so they will still pull out the money that they invest later on. For them it's kinda useless to invest in long term and then the return isn't really that great. This is why most of them got scammed because they mostly fail on those get-rich-quick schemes.

I wouldn't really blame for this without knowing their true story. You are right. For someone who is poor, what important for them is the present and not the future. They are happy on what they currently see in their paychecks but they will feel sad if some of this money are going to be allocated else where becasue they also need it right away for a more important use.
Unfortunately that causes a lot of trouble for them and that's the big difference. If you are poor and you can't wait 10 years and keep reinvesting every dime you can, then it means you should not invest.

Even poor people could change their mindsets, because if you grind and get in debt and just have a terrible horrible life for the next 10 years and still do not waver and invest small amount into bitcoin, you could get a lot better. I have done it, put 10% of my salary into bitcoin for past years, and made a good profit, not so great now but still a profit, and meanwhile I have been in debt, got a loan, paid it back, made credit card debt, got sick, paid hospital bills and many other things and still didn't stop investing.

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December 28, 2022, 02:54:37 PM
 #87

Just keep in mind that before we ask the poor about this, we need to make sure they can afford it. Imagine they are having a hard time earning money so that they can buy food, and that is also not enough. If that is really their situation, they can't invest unless you give them money, but mostly they will buy it with food. That is why the rich mostly get richer because they have money to spend on investments that even if they fail, they will still be able to get up and continue to live, whereas the poor must take loans in order to invest, but if it fails, we will struggle to pay it back. 
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December 28, 2022, 06:39:02 PM
 #88

Others is also right that another reason is the lack of financial and also knowledge about the things we want to suggest to them. I'm not a rich person , but I want to change my lifestyle, so I study the investments that everyone's suggest to me , and for me I'll check if there's a good return in case I'm enticed.

Before we pressure poor people to invest into cryptocurency to have their life turned around, have we asked ourselves if this people have money to take care of themselves first before keeping some aside to invest. Investing in cryptocurency mean you have to keep money that you'll not need for atleast 2-4years but this poor individual need every cent that enters their hands because they feed from hand to mount.

Let's not always blame the poor, they didn't have life as easy as you do. You're on an hourly, weekly or monthly income since you're working while most poor people barely have a work that they're doing. Life isn't fair to them so don't make it seem like they are the cause of their problem.
Actually, I am also part of what you call the poor. We don't just invest in cryptocurrency because I'll also study and save from my very small income. I'll agree that our life here in the province is very difficult because of the low education that I have achieved, plus the provincial rate salary here . Instead of investing, we will just feed the family first.

People like that are respected if they are poor and we know that they can also rise in life. It just takes effort and of course a firm trust in God. Regardless of our position in the world, we are still equal to everyone, whether we're rich or poor.

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December 28, 2022, 06:53:23 PM
 #89

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
Nation you live in matters for this a lot. A person who works just for the signature campaign here and cares about the income there may not be a poor person in some third world country, but could be dirt poor in the USA and can't even survive a week with it. So all in all, it's a lot better if you could just end up working towards making that happen.

I am not saying it would be profitable for you to join signature campaign and you should live amazingly, but based on your nation it should not be too bad if you live in a poor nation. For example minimum salary in my nation and the signature campaign rewards are close to each other, meaning I should be making a decent amount with it if I work hard enough, get one more job online and I am living decently.

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December 28, 2022, 07:00:20 PM
 #90

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
Nation you live in matters for this a lot. A person who works just for the signature campaign here and cares about the income there may not be a poor person in some third world country, but could be dirt poor in the USA and can't even survive a week with it. So all in all, it's a lot better if you could just end up working towards making that happen.

I am not saying it would be profitable for you to join signature campaign and you should live amazingly, but based on your nation it should not be too bad if you live in a poor nation. For example minimum salary in my nation and the signature campaign rewards are close to each other, meaning I should be making a decent amount with it if I work hard enough, get one more job online and I am living decently.
Taking signature campaigns as example, it can be a life changing for a poor person from a third world country. The point is if they have English knowledge. Most people from poor classes have a very low educational background. They have difficulties with the native languages of their countries, now imagine how difficult it is for them to write and speak in a foreigner language, like English.

Education is a strong limiter factor in the lives of poor individuals, and that is why many of them aren't able to reach higher life standards. When that is the case I must agree with their reasoning in part, because without knowledge and education nobody can go further. And that is why it's important for government to launch public campaigns on their territories promoting and encouraging education among every classes of the society.

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December 28, 2022, 09:22:37 PM
 #91

Can't even have a proper opinion as this is pretty much over-generalization. A lot of poor people live paycheck to paycheck and definitely can't afford to take risks with highly-volatile assets or with any asset investment.
That is true as most of the poor people live only for daily survival, and even if they do want to invest and experience financial breakthrough, they have no extra funds reserve for investment because all their income only go to the basic needs for their family. So it’s quite inconsiderate to blame their poor reasoning, if only both poor and rich people have the same opportunities to seize, I think they will not chose to live poorly and experience financial struggles.

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December 28, 2022, 09:43:58 PM
 #92

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.
Poor people can’t hardly afford to invest not because they don’t want to, but because they have no spare money to invest. And even if they do have the money, they will surely not going to invest it in a highly volatile investment as it doesn’t guarantee secured profits. Unlike physical investments like opening a small food business or a mini convenient store, they can see sure profits from that as long as the business is properly managed.

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December 28, 2022, 09:57:50 PM
 #93

Poor people are poor for a reason and it's usually for their own fault: for not having initiative to work a little more, for declining doing more effort, for rejecting learning something new, added to the fact they can't control expenses properly and are constantly spending all the money they have on the current moment. Poor people are the biggest spenders and the ones who the least enjoy the money they spend, because they do it almost automatically, without measuring the consequences and how the spending could be more advantageous for them.

Are you rich? If you are not, then is it your fault to be born into a poor family?  Is it your fault that your country's minimum wage is enough for a person's budget but not for a family of 3?  Is it your fault that you are laid off by a company that is about to close? Is it your fault that you cannot save money because your earnings are enough for the day-to-day food and that your job consumes 16 hours of your day and yet you are still underpaid? Is it your fault that you are a victim of this called unfortunate events?

It is easy to point a finger but harder to understand why people are still poor.  If getting rich or having a decent life status is easy then poverty won't be everywhere.  I believe there is a factor that maintains people at the poverty level which should be addressed by higher authority.  No one wants to be poor.


Poor people need to change their mindset in order to leave the precarious life they are inserted in. It's totally possible and they surely can, but they have to be strong and show genuine desire to change it at first place! It's an inner battle against themselves everyone has to face sometimes, for different reasons.

I do agree that mind set is one of the critical factors in one's status upgrade.  But I do believe that most poor people have this in their mind but the environment is not suited for this kind of mindset because the government hasn't done anything to present or make these opportunities possible to their citizens.

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December 29, 2022, 03:03:05 AM
 #94

Poor people are poor for a reason and it's usually for their own fault: for not having initiative to work a little more, for declining doing more effort, for rejecting learning something new, added to the fact they can't control expenses properly and are constantly spending all the money they have on the current moment. Poor people are the biggest spenders and the ones who the least enjoy the money they spend, because they do it almost automatically, without measuring the consequences and how the spending could be more advantageous for them.

Are you rich? If you are not, then is it your fault to be born into a poor family?  Is it your fault that your country's minimum wage is enough for a person's budget but not for a family of 3?  Is it your fault that you are laid off by a company that is about to close? Is it your fault that you cannot save money because your earnings are enough for the day-to-day food and that your job consumes 16 hours of your day and yet you are still underpaid? Is it your fault that you are a victim of this called unfortunate events?

It is easy to point a finger but harder to understand why people are still poor.  If getting rich or having a decent life status is easy then poverty won't be everywhere.  I believe there is a factor that maintains people at the poverty level which should be addressed by higher authority.  No one wants to be poor.
I know it's my own fault. I don't blame others for the life standards I'm currently inserted on. And I know to have this conscience is the first step to leave the precarity. Everyone has difficults in life, but they can't become crutches to justify your failure, under serious risks of failing forever! Some people have born in poor families, some have to carry family members on their backs, some have diseases/disabilities, some live in dangerous areas, some are completely destroyed emotionally... But they have to overcome this. What other alternative do people have? To wait for a third party helping hand is just a hypothesis and those who chose to wait for it may wait for an entire life without results.

Poor people need to change their mindset in order to leave the precarious life they are inserted in. It's totally possible and they surely can, but they have to be strong and show genuine desire to change it at first place! It's an inner battle against themselves everyone has to face sometimes, for different reasons.

I do agree that mind set is one of the critical factors in one's status upgrade.  But I do believe that most poor people have this in their mind but the environment is not suited for this kind of mindset because the government hasn't done anything to present or make these opportunities possible to their citizens.
Well, that is what I'm trying to do. To change my mindset. To persue something better. To find enough strength and will to do this. To overcome challenges in a daily basis, ignoring the surroundings, the government and everything else which doesn't add and has never added anything in my life.

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December 29, 2022, 10:06:08 AM
 #95

-snip
You know what makes us different from other people? It`s the word "OPPORTUNITY"
You can say those things above because you are lucky to have an opportunity to learn, you have the opportunity to get a decent job. Let us make it simply, all of us doesn`t want to be a poor yet most of us are unfortunate. Even though, learning is everywhere and you are always open to changes, if you don`t have the opportunity, you can`t do anything.

Remember, we have our own differences. Some of us want to become rich and some of us want to live simple. For me, Success is not about the money that you have, it`s the happiness that you can give to yourself and to your surroundings. We have our own definition of success.
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December 29, 2022, 05:59:19 PM
 #96

-snip
You know what makes us different from other people? It`s the word "OPPORTUNITY"
You can say those things above because you are lucky to have an opportunity to learn, you have the opportunity to get a decent job. Let us make it simply, all of us doesn`t want to be a poor yet most of us are unfortunate. Even though, learning is everywhere and you are always open to changes, if you don`t have the opportunity, you can`t do anything.
Opportunity doesn't come to everyone, you have to go after the opportunity, and even build it.

If I wasn't searching for opportunities would I have met bitcoin? Would I know about the existence of this forum? If I was laying on my couch complaining to myself how life is unfair and philosophizing why some are born with opportunities ready for them, while others don't, or if I was seated at the entrance of my house gossiping with the neighboors all day long and watching the pedestrians passing through I wouldn't be "lucky" to have this opportunity today, which still isn't the ideal, but it's already a beginning to persue something better.

But again, i'm persuing an opportunity that still doesn't exist and that I don't know if I will succeed in achieving it, but I must try. Nothing is ready and assured in my life. Don't put us as we were different beings. Your potential is the same of mine, since you work it inside yourself and start looking for solutions outside for your life.

Remember, we have our own differences. Some of us want to become rich and some of us want to live simple. For me, Success is not about the money that you have, it`s the happiness that you can give to yourself and to your surroundings. We have our own definition of success.
Some rich live simple. Simplicity is a way of life. If you are really happy on this way, just continue. But here I'm not misunderstanding simplicity with poverty.

And be careful to not use catchphrases like this as crutches to not persue anything better in your life...

I hope you understand what i mean. I'm not against you, I'm trying to open your eyes.

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December 29, 2022, 06:35:52 PM
 #97

In terms of investment, capital or capability of an investor would be a bottomline. No matter how big your drive is, if you cannot endure market downfalls, then for sure this industry won't suit you. Everyone's aware that you should only invest an amount you can afford to lose but only a few could do it on the actual. Question is; are poor people advisable to invest in Bitcoin? On my end, it is not a good thing to do so. For sure people who have a tight budget would need stable income in order to have time for investments. The idea of this industry for being profitable is indeed tempting but if you'd push your luck hoping to be rich in an instant, loss and regrets are more likely to happen.

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December 29, 2022, 07:01:54 PM
 #98

They need a helping hand and if someone who has never been poor before, you may not understand what the actual situation is.
Words can be hurtful when you're talking to one of them and even you give the best advice in the world about investing. You just can't compare your situation to theirs. And that's because you're not experiencing the true hardship of being poor, they want to invest as well and be well in life but just can't because they can't afford to delay the crumbling of their stomachs.



 

 

 

 

 

 


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December 29, 2022, 07:30:44 PM
 #99

They need a helping hand and if someone who has never been poor before, you may not understand what the actual situation is.
Words can be hurtful when you're talking to one of them and even you give the best advice in the world about investing. You just can't compare your situation to theirs. And that's because you're not experiencing the true hardship of being poor, they want to invest as well and be well in life but just can't because they can't afford to delay the crumbling of their stomachs.
The OP was a little hard on poor people, I agree on that, and while it is true that it can be difficult to convince them when it comes to matters related to money, that is to be expected, after all the poor need to take care of their money as they have so little of it, so they are not easily convinced to part with it, besides I do not think bitcoin is the best place for them to invest their money as at the first drop on the price they will get scared and they will want to sell their coins, so it is better they use whatever savings they may have to create a small business and try to increase their income this way.

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December 29, 2022, 07:51:36 PM
 #100

As you said, the poor are difficult to convince, so the best you can do is offer advice. If they reject the choice, the consequences are their responsibility to bear is a free world with a free choice. The poor always have excuses, especially when it comes to investing. They believe it is unimportant to do so, which is actually a dangerous way to think. They will always learn the hard way.

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December 29, 2022, 08:23:38 PM
 #101

As you said, the poor are difficult to convince, so the best you can do is offer advice. If they reject the choice, the consequences are their responsibility to bear is a free world with a free choice. The poor always have excuses, especially when it comes to investing. They believe it is unimportant to do so, which is actually a dangerous way to think. They will always learn the hard way.
If you do know someone which is poor and not to brag out about your financial condition but there are times that you are really that minding nor being concern.Here's a situation where i do tend to share up some

opportunity into my friend which i do really know that he had some hardship on making money or trying out to survive on day to day basis due to lack of income or sources for him to survive at least.
There are really people who cant just make themselves accept on new opportunity that had been introduced by someone.Dont know if they are really just that close minded
or doesnt really care because they dont really have the money on doing so.This is why we cant really make out that conclusion that they are really that dumb
into these opportunities.
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December 29, 2022, 09:17:50 PM
 #102

Generally, poor people usually think that working will give them a better future and ways to survive their difficult status in life. They are content with what they have. Of course, they are also dreaming to have a better life like how rich people are living but in reality, this is really hard ( or even impossible) for them if they just rely on working.
Some people say that we all have the opportunity to become rich but unfortunately, it was really hard if you don't have the mindset and way to uplift your living condition. Perhaps, many excuses we hear from them - no capital for business, we can't afford, etc...



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December 29, 2022, 09:26:17 PM
 #103

If they don't have the resources to invest, it's fine. Also it is naturally hard to make them think rich. If they could, they wouldn't be poor in the first place. Most of the time, they chase big risks and fail, and be lazy to save money.

As you implied in the text, we, like wolves, live in packs. Ask yourself why you have such friends. Make friends with people that have the same capacity or vision like you and as you improve their lives, they will improve yours too.

If the poor person is someone you love, I have nothing to wish you a good luck. I'm in the same situation in my marriage and I blame myself for getting into this in the first place! I'm trying to solve this problem as working 2x harder than I would to compensate that.

Overall, I'm an existentialist guy and I look pragmatic to problems. I stopped expecting something from others and give my 100% to everything I do. I can't fix people but I can improve myself.
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December 29, 2022, 09:41:04 PM
 #104

...

Lower class has never been major players in the economy for the reasons you've just described -- they're focused on putting food on the table and don't have enough spare income to focus on investing. Inflation effects the lower class the most, especially those that are on fixed income so it's a bit unfortunate that the lower class are skeptical of Bitcoin to a greater degree than any other income group because many people have had their purchasing power reduced by near double digits due to no fault of their own.

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December 29, 2022, 11:25:26 PM
 #105

...

Lower class has never been major players in the economy for the reasons you've just described -- they're focused on putting food on the table and don't have enough spare income to focus on investing. Inflation effects the lower class the most, especially those that are on fixed income so it's a bit unfortunate that the lower class are skeptical of Bitcoin to a greater degree than any other income group because many people have had their purchasing power reduced by near double digits due to no fault of their own.


Lower class doesn't support much to the economy. The larger percentage of people to affect is the middle class category. They live a better life when the economy is at its best. The same doesn't happen during the time inflation and economic worse time. Fo overcome the same middle class suffers much as they're supposed to limit themselves. Nowadays middle class people have improved themselves focusing on investment through regular savings.

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December 30, 2022, 08:30:21 PM
 #106

They need a helping hand and if someone who has never been poor before, you may not understand what the actual situation is.
Words can be hurtful when you're talking to one of them and even you give the best advice in the world about investing. You just can't compare your situation to theirs. And that's because you're not experiencing the true hardship of being poor, they want to invest as well and be well in life but just can't because they can't afford to delay the crumbling of their stomachs.
The OP was a little hard on poor people, I agree on that, and while it is true that it can be difficult to convince them when it comes to matters related to money, that is to be expected, after all the poor need to take care of their money as they have so little of it, so they are not easily convinced to part with it, besides I do not think bitcoin is the best place for them to invest their money as at the first drop on the price they will get scared and they will want to sell their coins, so it is better they use whatever savings they may have to create a small business and try to increase their income this way.
He surely is. I was that type of person before that thinks what's best for people. But after learning that it just can't happen as quick as it can based on their situation and day to day living. You'll have to understand that it's not that really easy at all. Especially for those people that have been really working hard but still sees that what they do isn't enough, what's more for them to push through? And before giving some suggestions asking them what they want to invest, I'll hear them out on what they know about investing. We have different appetites towards investing and we may like bitcoin but not them although it's likely that they've got something better out of their minds on how they can come out of poverty. I know that they're the best hustlers but let's understand the situation first.



 

 

 

 

 

 


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December 30, 2022, 11:03:42 PM
 #107

As you said, the poor are difficult to convince, so the best you can do is offer advice. If they reject the choice, the consequences are their responsibility to bear is a free world with a free choice. The poor always have excuses, especially when it comes to investing. They believe it is unimportant to do so, which is actually a dangerous way to think. They will always learn the hard way.
If you do know someone which is poor and not to brag out about your financial condition but there are times that you are really that minding nor being concern.Here's a situation where i do tend to share up some

opportunity into my friend which i do really know that he had some hardship on making money or trying out to survive on day to day basis due to lack of income or sources for him to survive at least.
There are really people who cant just make themselves accept on new opportunity that had been introduced by someone.Dont know if they are really just that close minded
or doesnt really care because they dont really have the money on doing so.This is why we cant really make out that conclusion that they are really that dumb
into these opportunities.

Indeed, if we try to offer them a sideline job that does not need to spend any money.  I believe they will grab it without hesitation. 

Look, they are already in hardship in providing themselves food and payment for due.  Then we will tell them to make an investment in this thing that needs to wait years before they can see the result.  I would also decline this offer if you wanted me to spend extra money while I am in trouble in providing myself with my basic needs.



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December 30, 2022, 11:39:37 PM
 #108

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.
Poor people would always want to invest if there are chances to invest, and they have the sufficient funds to invest. But they lack the whole resources to invest, and all they could have are just plans but failed to realized because they were not given the same opportunities with those who are living good life. So we can’t actually blame them for that because they have their own valid reasons.

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December 31, 2022, 04:08:31 AM
 #109

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.
Poor people would always want to invest if there are chances to invest, and they have the sufficient funds to invest. But they lack the whole resources to invest, and all they could have are just plans but failed to realized because they were not given the same opportunities with those who are living good life. So we can’t actually blame them for that because they have their own valid reasons.
I have seen many poor people with more talent and less resources. They try to find ways out in less money.
And I have seen many rich people with excuses all the time. . . smart work is the key to success and there is space for the excuses.

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December 31, 2022, 12:15:11 PM
 #110

In this life we often give an idea to others be it the poor or the rich, but if the problem is bitcoin not everyone will believe it because the money we get takes a process and is not easily reached by people who do not understand the crypto world, and they often underestimate us and when we give advice they do not care and consider the crypto world unclear and there are many scams, if we care about something that can indeed make money then I am sure that very few poor people today,because there are many things we can do without sweating but can get so much money.

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December 31, 2022, 01:08:55 PM
 #111

They need a helping hand and if someone who has never been poor before, you may not understand what the actual situation is.
Words can be hurtful when you're talking to one of them and even you give the best advice in the world about investing. You just can't compare your situation to theirs. And that's because you're not experiencing the true hardship of being poor, they want to invest as well and be well in life but just can't because they can't afford to delay the crumbling of their stomachs.
The OP was a little hard on poor people, I agree on that, and while it is true that it can be difficult to convince them when it comes to matters related to money, that is to be expected, after all the poor need to take care of their money as they have so little of it, so they are not easily convinced to part with it, besides I do not think bitcoin is the best place for them to invest their money as at the first drop on the price they will get scared and they will want to sell their coins, so it is better they use whatever savings they may have to create a small business and try to increase their income this way.

Yes, we are not in their situation, we never know what they are going through, we should not reprimand them or show contempt when they do not listen to our advice, or do not invest. If we can't help them, please don't look down on them.
And you're right, it's hard for the poor to make money, unlike us, so I would never recommend bitcoin to them either., they are not suitable for risky investments like bitcoin. Even we are investing in bitcoin, but none of us can guarantee 100% bitcoin will bring us profit, giving advice to others is not a wise decision.


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December 31, 2022, 02:32:30 PM
 #112

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

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The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

Most of them wants to, but they don't have the money to do so. Some of them have trust issues, because they maybe borrowed some money to invest but they got scammed instead. We all have our own reasons why we don't want to invest on someone or something, and we can't force anyone to do what we do. It's our job to answer their questions regarding about cryptocurrency but it's their job to believe and to risk just like what we are doing.

Forcing someone to believe in cryptocurrency will not last long in the blockchain world, because they started unprepared with only a little knowledge about cryptocurrency.
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December 31, 2022, 03:42:02 PM
 #113

As you said, the poor are difficult to convince, so the best you can do is offer advice. If they reject the choice, the consequences are their responsibility to bear is a free world with a free choice. The poor always have excuses, especially when it comes to investing. They believe it is unimportant to do so, which is actually a dangerous way to think. They will always learn the hard way.
If you can't have 3 meals a day, will you invest and where will you get the money to invest? You are not them, and you have not been through what they are going through. If you can't help them, don't say such harsh words. You think only you know how to invest to get rich? None of us want to be poor but sometimes circumstances don't allow them to do so.
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December 31, 2022, 04:45:19 PM
 #114

As you said, the poor are difficult to convince, so the best you can do is offer advice. If they reject the choice, the consequences are their responsibility to bear is a free world with a free choice. The poor always have excuses, especially when it comes to investing. They believe it is unimportant to do so, which is actually a dangerous way to think. They will always learn the hard way.

Being poor is relative and so also being rich. A rich man must be able to afford 3 square meal. A rich man is assumed to already have a steady flow of income. He can afford to use some percentage of his earnings for investment and if that fails, it may not affect him. But this cannot be said about a poor man who bearly eats a day.
He would be very fearful and protective of the little he has and he shouldn't be blamed for doing so.

R


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December 31, 2022, 04:45:36 PM
 #115

I believe a lot of people here haven't experience poverty thus their judgement on poor people isn't fair enough, it's absolutely hard to convince a very poor person who couldn't afford to feed and eats from hand to mouth and doesn't know where the next meal will come from to invest in crypto, there sense of reasoning will be out of tune with what is on ground as regards investment, so it's a matter of defeating abject poverty first and attaining a financial freedom before thinking of any investment. It's everybody desire to invest any form of investment provided that there is excess and extra funds having catered for their basic needs.

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December 31, 2022, 04:57:12 PM
 #116

Many people like to own something but they don't have the capacity to acquire what they want because they are struggling financially. So don't just people on why they don't acquire things you have or they should supposed to be have since maybe they just have plan but for now they are just watching then see things will happen on them in future.

Lets erase that mindset but rather lets spread positive word about investment and other opportunity brought by it especially on crypto currency industry.

R


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December 31, 2022, 06:09:33 PM
 #117

Many people like to own something but they don't have the capacity to acquire what they want because they are struggling financially. So don't just people on why they don't acquire things you have or they should supposed to be have since maybe they just have plan but for now they are just watching then see things will happen on them in future.

Lets erase that mindset but rather lets spread positive word about investment and other opportunity brought by it especially on crypto currency industry.

Not everyone has the same opportunity as we do so we shouldn't look down on them. Poor people also want to succeed but they are also fighting battles that we have no idea about. They aren't capable of investing because they are also struggling with their finances but for sure, but they also have the same dream and goal. We can easily say things that they should be doing but we aren't wearing the same shoes so we must respect the way they live.
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December 31, 2022, 07:23:44 PM
 #118

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

The thing is, what will they invest in? money ? crypto? or become workers and get rewarded only for their daily needs, and even then if it is enough, sometimes they even have to find another job to meet their needs. So, what solution do you offer them?  most poor people have low education, i don't mean to discredit them. however, from the way and mindset alone is different.

and what they can want, it's only natural that they don't think like you. unless you donate a bit of your assets or a few mbtc so they can understand what you want to tell them. As you said, life is all about taking chances and taking advantage of every opportunity that comes along. Maybe you can apply this expression to yourself, because you have privileges. but for them, what opportunities could they take while they were dealing with a hungry tummy problem.

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December 31, 2022, 08:25:49 PM
 #119

I have seen many poor people with more talent and less resources. They try to find ways out in less money.
And I have seen many rich people with excuses all the time. . . smart work is the key to success and there is space for the excuses.
Actually, both types of people both have a very natural thing for themselves, because a poor person who tries to find a way out with less money will also find victory within himself one day if he continues to focus and be consistent in working patiently. And for rich people who always have more reasons all the time will also lose in time, unless he can always be smart in turning his money around to get more money, namely profits through his own efforts.

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December 31, 2022, 10:36:25 PM
 #120

That's quite inconsiderate. Can you imagine many people don't have the luxury to invest because at the end of the month they only have debts left?

The richer you are, the more risk you can afford to take without going hungry or homeless when your investments fail.
Poor people would always want to invest if there are chances to invest, and they have the sufficient funds to invest. But they lack the whole resources to invest, and all they could have are just plans but failed to realized because they were not given the same opportunities with those who are living good life. So we can’t actually blame them for that because they have their own valid reasons.
I have seen many poor people with more talent and less resources. They try to find ways out in less money.
And I have seen many rich people with excuses all the time. . . smart work is the key to success and there is space for the excuses.

I observed that poor people with less resources often develop creativity to be able to meet their goal.  They are trained to work around the issue because of the lack of resources and become master of innovations.  They create things that can be alternative to the supposed to be materials to their goal.  So despite of being poor, the minds of these people becomes flexible and practical to things.  This is another reason that they blatantly turn down any investment that they think will take so much time when they can earn such amount in a shorter period of time  through working and not spending any amount of money for investment.

Rich people have the resources while poor people have their self.  Rich people make money works for them while poor people having not much money make their body or strength work for them.  Reason why when it comes to physical work, poor people are more capable.  The good thing is poor people being physically capable, skillful on the given industry and be able to train their knowledge will produce better outcome than a rich people that is full of theories in minds.
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January 02, 2023, 06:16:25 PM
 #121

If you're looking into poor people that can hardly provide their basic needs then you cannot really convince them. What they need is a better job or income in order for them to save something for their future like investments and business.

On the other hand, there are poor people that have little excess money. Except that most of them have a different mentality. They prefer to buy phones, gadgets, and other devices that are not really that necessary for their future. Because they have excess from their regular salaries, they prefer to borrow money in order to purchase expensive stuffs that won't grow in value over the years. So yeah, they are a good target for financial education. I prefer to tell them about bitcoin rather than tell them to invest in it. Other options should be considered too like launching even a small business that can further alleviate their status of life.
in our country  the poor people have so many skills - but there are very less who are honest in their dealing with their boss.
Most of the people would not properly work and would demand a lot after in return. The honest and hardworking person does not remain poor for long. That is for sure!

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January 04, 2023, 09:08:07 AM
 #122

I don't think it comes with being poor,  I think it's an individual thing,  but although such reactions are mainly among poor people,  I think it's due to the fact that the income they are living on is only enough for their daily survival and there are no extra fund for future investment plans, and they work very hard for their income and wouldn't want to lose it just like that over an uncertain risk that is why they scrutiny every business investment idea.
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January 04, 2023, 10:19:01 AM
 #123

Are you trying to say that you are trying to impose that they need to invest in it? If you're trying to live day-to-day with your paycheck, you can't blame them. But I'm afraid I have to disagree with them because they will be irritated and complain about what's happening in their lives. That's just how you would know that they are dependent on what they are with around and not what they make happen or something.

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January 04, 2023, 10:19:58 AM
Merited by fillippone (2)
 #124

in our country  the poor people have so many skills - but there are very less who are honest in their dealing with their boss.
Most of the people would not properly work and would demand a lot after in return. The honest and hardworking person does not remain poor for long. That is for sure!
Poor people only need awareness within themselves, because poor people do not have capital in the form of money other than skills and honesty that they must rely on when working in a place or company. So those who are still poor and still need a job in someone else's place must realize this that they must be really honest and skilled at work if they want to stay in a place for a long term or until he becomes rich.

And you know for yourself, that there are very few honest and skilled people in this world so that companies or bosses who are looking for employees for their business still need to look and research themselves in more detail when they want to accept new people for their company. Because companies not only need someone who is skilled but also need someone who is honest, so it would be very useless if someone who only has the skills but is not honest. But on the other hand, the company can still use honest people even though they are unskilled, because these people can still be taught properly to become more skilled in the required fields.
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January 04, 2023, 10:42:18 AM
 #125

I have seen many poor people with more talent and less resources. They try to find ways out in less money.
And I have seen many rich people with excuses all the time. . . smart work is the key to success and there is space for the excuses.
Actually, both types of people both have a very natural thing for themselves, because a poor person who tries to find a way out with less money will also find victory within himself one day if he continues to focus and be consistent in working patiently. And for rich people who always have more reasons all the time will also lose in time, unless he can always be smart in turning his money around to get more money, namely profits through his own efforts.

Hard work is really the key, and you should also be smart and take risks even if you are poor, because your time will come and you will get lucky, but the problem is that if you keep doing this but no opportunity comes, you will be mentally exhausted. This is the harsh reality of poor people: we must wait for the right moment to strike before we can move forward. Hard work and perseverance are really needed, and don't lose hope in doing what we want; for sure, in the future, we will be rewarded.
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January 04, 2023, 10:56:16 AM
 #126

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
Only someone who really wants to accept progress and is also open to new things might be more realistic for us to invite rather than spending energy and time just inviting old-fashioned people, in my opinion in this case we cannot generalize poor people as people who do not want to accept things new (Bitcoin), sometimes the rich are also very difficult for us to take invest in bitcoin because they really don't know about bitcoin and they tend to be more comfortable investing in something real like land and gold, while poor people may not want to invest in bitcoin just because they are don't have money and I think that's a natural thing because after all investing in bitcoin of course we have to have initial capital.

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January 04, 2023, 12:15:40 PM
 #127

It is difficult for people experiencing financial difficulties to think about investments and their thoughts are more focused on how and on what to save so that there is free money. In this position, it is almost impossible to convince them, because instead of thinking about how to earn money, they think about how to save money. This is a radically different way of thinking. Purely practically very difficult to mentally readjust. Also, are you ready to take responsibility for them by offering risky investments? That is, if the poor lose everything, are you ready to compensate for their losses or take them for your maintenance? I'm sure not. So why are you so eager to get them involved in all this? It is better to offer investment to those who can afford it without serious damage to their standard of living.

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January 04, 2023, 01:48:45 PM
 #128

There are always people you can't persuade/force no matter how hard you try because they have a different mindsets, needs, finances, and others compared to you. Those are the people who are struggling. They don't have leisure time, or extra money to take a risk. Instead, they choose to work or do something that can surely earn them money  You should also understand their situation on why they have such mindset.

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January 04, 2023, 03:57:59 PM
Merited by G_Besar (1)
 #129

Only someone who really wants to accept progress and is also open to new things might be more realistic for us to invite rather than spending energy and time just inviting old-fashioned people, in my opinion in this case we cannot generalize poor people as people who do not want to accept things new (Bitcoin), sometimes the rich are also very difficult for us to take invest in bitcoin because they really don't know about bitcoin and they tend to be more comfortable investing in something real like land and gold, while poor people may not want to invest in bitcoin just because they are don't have money and I think that's a natural thing because after all investing in bitcoin of course we have to have initial capital.
No need to say old-fashioned to people who don't want to know Bitcoin or invest in Bitcoin, Because they also have the right to refuse it when someone wants to introduce Bitcoin to them. After all, it is also not an obligation for someone to invite other people to want to invest in Bitcoin and tell them about Bitcoin even though it is a good thing for them and also their future. But know that they will not see you when you fall or lose from your own investments and they will also tend to blame you when they experience losses through the investments that you teach, because you are the one who invites them into that.

So there's no need to say old-fashioned to those who refuse your invitation because they also have their own minds whether they want something new or don't want it. Let them choose their own path in determining the direction of their investment and that applies to everyone, be it the rich or the poor. Because there are also poor people who don't believe in Bitcoin and don't want to learn to invest even though there are people who want to teach them for free.

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January 04, 2023, 04:56:21 PM
 #130

Only someone who really wants to accept progress and is also open to new things might be more realistic for us to invite rather than spending energy and time just inviting old-fashioned people
old-fashioned, can someone explain the word related to investment because it's the worst term for people who don't understand digitalization information related to crypto and it's not good to force them to invest in crypto which is too risky for their finances, so even if other people reject your invitation but you don't have the right to force them because they have a low economy and they work only to meet their daily needs and continue to work to survive.

Actually, they just don't understand the annual market cycle, so it's difficult to involve them in current market conditions, but I'm sure when market conditions recover significantly, many people in the lower economic category will take advantage of the momentum to benefit from market recovery.

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January 04, 2023, 05:01:21 PM
 #131

Are you trying to say that you are trying to impose that they need to invest in it? If you're trying to live day-to-day with your paycheck, you can't blame them. But I'm afraid I have to disagree with them because they will be irritated and complain about what's happening in their lives. That's just how you would know that they are dependent on what they are with around and not what they make happen or something.

You exactly can’t blame someone who lives paycheck to paycheck on the mentality he/she would have developed over time. They haven’t got enough to begin with to live a moderate lifestyle as they barely earn enough.

I also wouldn’t fault them for being irritated and complain about what’s happening in their lives. They are poor! They don’t have much going for them, and they’re at the bottom of the societal ladder. They’re almost immediately looked upon as degenerates. I think anyone would be irritated and complain about what’s going on in their lives.
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January 04, 2023, 05:49:15 PM
 #132

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

I think many of your opinions are against it because you judge all poor people the same and do not segment them by age.
Your opinion is quite logical if the poor people you survey are those who are 35 years and over, where their mindset is realistic and makes use of existing income sources to survive and of course, they will refuse to invest because most poor people have reached This age has many dependents that must be met every day so they don't have the time and enough money to take risks in investing. Maybe there will be many of them who have experienced being scammed with fake investments, so it is quite logical to refuse to invest and choose to use existing resources for their needs.
And if your segmentation is at a productive age, to be precise at the age of 30 and under, they will always be responsive to the advice you give them, because if you look at it today, most of those who invest are those in their 20s who are still looking for opportunities and experience in the world of finance.
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January 04, 2023, 06:09:35 PM
 #133

There is one thing I'm very sure of that wealth is a matter of choice and that's why we have both options of being rich and also being poor.
I've come across a book talking about why the rich always stay rich and the poor become poorer and I neglected reading that book because I've always known that rich people are risk takers and the higher the risk, the higer your success.
Most times I see poverty as a state of the mind and there are people who see everything as a scam and wouldn't even bother giving it a trial and I could remember an incidence where I was trying to get someone into joining the forum and he was so interested but the moment he got to the stage where he was asked to pay a very little fee to clear the proxy ban, he flew and never returned and later would start seeking for solution to a problem you brought upon yourself.

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January 04, 2023, 08:03:07 PM
 #134

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

You said it, it's the mentality that divide poor people from rich people. Rich people always like to take risk, try new things, finding new income resources, learn more skills, while poor people don't like to take risk and you find them comfortable with their life styles without any try to improve. However, I attribute small part of the richness case to the luck, some people were lucky to be in a domain, for example Crypto, most of us joined it maybe by luck or without any prior thinking.

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jaberwock
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January 05, 2023, 06:45:22 AM
 #135

It is difficult for people experiencing financial difficulties to think about investments and their thoughts are more focused on how and on what to save so that there is free money. In this position, it is almost impossible to convince them, because instead of thinking about how to earn money, they think about how to save money. This is a radically different way of thinking. Purely practically very difficult to mentally readjust. Also, are you ready to take responsibility for them by offering risky investments? That is, if the poor lose everything, are you ready to compensate for their losses or take them for your maintenance? I'm sure not. So why are you so eager to get them involved in all this? It is better to offer investment to those who can afford it without serious damage to their standard of living.
That is basically me right now. I am not in a financial situation where I can think about investing, I did my investment so far and I am not going to be able to invest more on top of it for a few more months but then I am going to be doing a lot better.

I believe that the best thing to do right now would be fixing all my debt issue and somehow start earning more, I have been working hard thankfully and my job is better this month, it has been just 4 days of course but if I can keep this up for whole month, and make money this way then I am going to be making more than usual, increasing your revenue is more important in case if you are poor, compared to trying to save and invest.

lienfaye
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January 05, 2023, 07:23:34 AM
 #136

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
You have a point. Just like the saying "no pain, no gain", one needs to take risk in order to gain something. However, how can a poor people invest if their income is just enough for a living? The number 1 rule is only invest what you can afford to lose, but if you're poor, obviously you can't do that since every penny matter. But if there's a will, definitely there's a way, therefore if you're poor but determine to become financially stable then you'll do something to change the way you used to by working hard and never be contented to live as poor.

Questat
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January 05, 2023, 08:51:03 AM
 #137

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
You have a point. Just like the saying "no pain, no gain", one needs to take risk in order to gain something. However, how can a poor people invest if their income is just enough for a living? The number 1 rule is only invest what you can afford to lose, but if you're poor, obviously you can't do that since every penny matter. But if there's a will, definitely there's a way, therefore if you're poor but determine to become financially stable then you'll do something to change the way you used to by working hard and never be contented to live as poor.
Well, we can say that "investing" is not on their mind. I know these people want to improve their living and dream to become rich but unfortunately, they are not capable to do that. Investment needs capital - and this is what they miss. That is why they just prioritize earning money and working hard in order to survive. And they only hope for LUCK - they now put their future into gambling that is why we can see a lot of poor people are into buying lottery tickets hoping to have luck and become rich instantly. A wrong mindset but I understand their situation.

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January 05, 2023, 09:26:37 AM
 #138

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

You said it, it's the mentality that divide poor people from rich people. Rich people always like to take risk, try new things, finding new income resources, learn more skills, while poor people don't like to take risk and you find them comfortable with their life styles without any try to improve. However, I attribute small part of the richness case to the luck, some people were lucky to be in a domain, for example Crypto, most of us joined it maybe by luck or without any prior thinking.

When it comes to mentality, I think it can be formed through various educational methods as a provision of principles. But here, more precisely, whether or not you want to change yourself to be more productive and leave situations that make you comfortable in stagnant conditions.
Also, this can be influenced by the choice of social environment, as we know that association has a considerable impact on us both in character and mindset. If you associate with people who understand crypto, you will know more or less about crypto, if you associate with people who understand politics more or less you will understand politics and if you hang out with people who like to invest or do business I think you will know business and investment, and you will definitely try to do that.
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January 05, 2023, 10:01:08 AM
 #139

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
You have a point. Just like the saying "no pain, no gain", one needs to take risk in order to gain something. However, how can a poor people invest if their income is just enough for a living? The number 1 rule is only invest what you can afford to lose, but if you're poor, obviously you can't do that since every penny matter. But if there's a will, definitely there's a way, therefore if you're poor but determine to become financially stable then you'll do something to change the way you used to by working hard and never be contented to live as poor.
That's true because if we talk about poor people who want to invest I think they need to work hard first,
it's better for the poor to think about how to get a more decent job in order to get at least a more stable income,
don't think about investing first and the important thing is they have to be wise

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January 05, 2023, 10:40:32 AM
 #140

OP I think what you mean is not about financially poor. but the direction of your words is more directed at people who are poor in sight (not wise). people who are not wise indeed prefer to see everything from a negative direction. they are more sensitive in feelings and also pessimistic in thinking. and people who are not wise are not only in the poor but can also exist in the rich and generally in all people. because I do not agree if what you mean is financially poor. because I have a friend who originally came from a poor person but he has a wise mind and extraordinary skills. it's just that he lacks connections in life so no one sees his potential. But now he has become richer than me. even though I used to know he was financially poor, but maybe because he was wise and had broad insights so he could change his life and he was even one of the people who introduced me to bitcoin investment. Initially, I offered him property investment. But instead he also turned around to offer a more attractive investment, namely Bitcoin. and the conclusion is wise and unwise cannot be judged by rich or poor.

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Mr. Magkaisa
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January 05, 2023, 11:51:10 AM
 #141

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

   - Not all poor people are open-minded when it comes to business or online opportunities. Most of them are negative in this situation, Only a few of the poor people have a positive mindset. Because other businessmen are successful now but back then it was also difficult.

Now, to encourage them, they just need to be made to understand their current situation and disposition in life and teach them to understand correctly what should be done to get them out of the difficult situation in their lives.

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January 05, 2023, 12:15:54 PM
 #142

Until now there are still many people who do not believe in the crypto world who can earn big money and can manage our economic needs well, Many people are still hesitant about investing in bitcoin or altcoins and they still judge negative things about the crypto world, and this is not only the case for the poor and some rich people also respond too badly about the crypto world without studying well, Then never force anyone to get to know the crypto world without their own desires because we will definitely listen to negative assumptions.

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Davian144
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January 05, 2023, 12:38:45 PM
 #143

That's true because if we talk about poor people who want to invest I think they need to work hard first,
it's better for the poor to think about how to get a more decent job in order to get at least a more stable income,
don't think about investing first and the important thing is they have to be wise
What do you say ? Don't poor people always have to think about things that they still haven't got in their lives so that they can be more enthusiastic about planning as carefully as possible to be able to change their lives from being poor to being rich?

If poor people only think about eating and working and continue to rely on existing income without making other, better plans, then they will not get better development in their lives. Because basically they have to be able to think about more things in order to rise gradually even though their position is in the lower category or a difficult position.
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January 05, 2023, 01:03:25 PM
 #144

Most likely referring to the sheep who have been confined in that condition for their own good. The truth is that if the world's reward system is fair they will most likely be at the top because they have the potential to be the most moral or upright people in their job.

Becareful how you speak against the poor though. They are supposed to be defended. People who hate the poor don't end well.
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January 05, 2023, 03:05:17 PM
 #145

You just have to show them proofs and not slamming the door when they say "No" or reasoning out about how it will end up. There are pessimistic people too, do remember that. They are not poor and yet they are not willing to join such things because rumors and gossips came earlier before the marketing team. Back to the poor, they are just trying to be sure and investing in a secure way. They don't have much so might as well get the best out of it and not let it go to waste to HYIP with high risk of getting rekt.
I understand them as I am not far from a poor guy too. Been there, just worked harder.
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January 05, 2023, 06:37:05 PM
 #146

Poverty is a mentality issue, some persons are mentally poor that apart from bitcoin there's nothing you'll introduce to them that has the possibility of changing their standard of life to better that they would want to get involved. If you constantly try, you will be tagged by them as a nuisance and a disturbance to their life. As in, they are contented with where they are, what they have and how they living the life. The little that comes in handy for them suffice them.
To me it's a waste of time and energy trying to persuade such person's about seizing any life changing  opportunity, bitcoin inclusive. All I have chosen to do is to let the results in my life from those opportunities speak out for itself and anyone that sees it  and which to know and get himself involved I don't hesitate to share the opportunity.

One thing Op should understand is that, being poor or rich in life is a matter of choice, so need not be forcing persons into something they ain't interested in.

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January 05, 2023, 11:44:02 PM
 #147

Until now there are still many people who do not believe in the crypto world who can earn big money and can manage our economic needs well, Many people are still hesitant about investing in bitcoin or altcoins and they still judge negative things about the crypto world, and this is not only the case for the poor and some rich people also respond too badly about the crypto world without studying well, Then never force anyone to get to know the crypto world without their own desires because we will definitely listen to negative assumptions.
Just let them be on which they are really that missing that huge opportunity which they might able to changed up their lives when it comes to financial state and would get out on poverty state.
It is really just there are people who are really that close minded and doesnt really have any plans on making their lives way more better but rather decide to stay up that way and wouldnt
mind if they would really just die on being poor. Well its their life and choice that they do make but it is really just sad that there are people who are just contented on what they do have
even on the hardest possible situations in life.We arent that underestimating but at least they should really know on how to find ways at least while they are still living.
They do say its impossible and cant be reached up? You wouldnt know unless you do try.

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minime0105
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January 05, 2023, 11:50:04 PM
 #148

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
You have a point. Just like the saying "no pain, no gain", one needs to take risk in order to gain something. However, how can a poor people invest if their income is just enough for a living? The number 1 rule is only invest what you can afford to lose, but if you're poor, obviously you can't do that since every penny matter. But if there's a will, definitely there's a way, therefore if you're poor but determine to become financially stable then you'll do something to change the way you used to by working hard and never be contented to live as poor.
That's true because if we talk about poor people who want to invest I think they need to work hard first,
it's better for the poor to think about how to get a more decent job in order to get at least a more stable income,
don't think about investing first and the important thing is they have to be wise
Poor people doesn't have the mentality of investing very fast in what ever they are doing, what they necessarily believe on is the systematic way to achieve what they want, so therefore i believe that the reason why poor people is not courage to run investment very faster like other people it's because they feel that they might lose everything they have if they use the little they have
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January 06, 2023, 03:26:50 AM
 #149

Until now there are still many people who do not believe in the crypto world who can earn big money and can manage our economic needs well, Many people are still hesitant about investing in bitcoin or altcoins and they still judge negative things about the crypto world, and this is not only the case for the poor and some rich people also respond too badly about the crypto world without studying well, Then never force anyone to get to know the crypto world without their own desires because we will definitely listen to negative assumptions.
Just let them be on which they are really that missing that huge opportunity which they might able to changed up their lives when it comes to financial state and would get out on poverty state.
It is really just there are people who are really that close minded and doesnt really have any plans on making their lives way more better but rather decide to stay up that way and wouldnt
mind if they would really just die on being poor. Well its their life and choice that they do make but it is really just sad that there are people who are just contented on what they do have
even on the hardest possible situations in life.We arent that underestimating but at least they should really know on how to find ways at least while they are still living.
They do say its impossible and cant be reached up? You wouldnt know unless you do try.
they are just afraid that what they have will disappear and there will be no trace of it while there is no education that convinces them to invest. especially now that many people are cheating in droves on the pretext of a lucrative investment or business, in fact they will only deceive these poor people because the fraudster knows that poor people will not be able to fight or report to the authorities because it takes a lot of money to convince him unless he has strong evidence. even that does not guarantee that action will be taken against the perpetrators.
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January 06, 2023, 08:56:52 AM
Merited by fillippone (2)
 #150

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.
Too harsh. You're very one-sided on this one. There are 2 kinds of poor people.

1. There are poor people who really don't know about Bitcoin, and they don't really like investing into Bitcoin and investing other assets. No matter what you will do, they really don't like to invest, and we can't do anything about it.
2. There are poor people who really likes to invest into Bitcoin, but the problem is that they don't have cash or spare money to be used to buy it. Let's accept it. There are some people around that are only earning minimum wage monthly and that's enough for the whole family to sustain their daily lives. Nothing left for savings, nothing left for investment etc.

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
Be an eye-opener to them and not don't spoon-feed them.

Kinda harsh TBH but it's the way that I think that will work. If a person really is interested on investing into Bitcoin after explaining the basics of it, they will be the ones who will find a way to learn. They will be the one who will find a way to invest into Bitcoin. I don't like spoon-feeding people because of the fact that they might not interested on it at first place. Like I said, people who are interested in a certain thing will always find a way to know more about it.

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January 06, 2023, 12:43:15 PM
 #151

Until now there are still many people who do not believe in the crypto world who can earn big money and can manage our economic needs well, Many people are still hesitant about investing in bitcoin or altcoins and they still judge negative things about the crypto world, and this is not only the case for the poor and some rich people also respond too badly about the crypto world without studying well, Then never force anyone to get to know the crypto world without their own desires because we will definitely listen to negative assumptions.
It is because of a lack of education about crypto. Their views will remain thinking negative until such time they will know deeply about Bitcoin. Because what I see is that the majority are just living up to assumptions thinking that Bitcoin is not real but a full of scam. Without proper education, surely it was hard to encourage people to take a look at the benefits of investing in Bitcoin.
We couldn't argue with them, the only thing we can do is to let them discover the importance of Bitcoin, especially during inflation.

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January 06, 2023, 01:49:48 PM
 #152

Until now there are still many people who do not believe in the crypto world who can earn big money and can manage our economic needs well, Many people are still hesitant about investing in bitcoin or altcoins and they still judge negative things about the crypto world,

People are yet to understand that big money are flowing into this market because this is the future, we can see big company looking for ways they can get involved because they have seen that this market shoudn't be underated as it will definitely be bigger than how it's now in the future. People also have to understand that the market can be taken advantage of no matter your class.

Money does make investing more profitable but you have to have patience and invest the little you have now to become rich in the future. The poor in the society have to realize this soon and start investing today so they can change their story tomorrow.

R


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gunhell16
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January 06, 2023, 02:13:21 PM
 #153

Until now there are still many people who do not believe in the crypto world who can earn big money and can manage our economic needs well, Many people are still hesitant about investing in bitcoin or altcoins and they still judge negative things about the crypto world, and this is not only the case for the poor and some rich people also respond too badly about the crypto world without studying well, Then never force anyone to get to know the crypto world without their own desires because we will definitely listen to negative assumptions.

To this day there are still a lot of people who don't believe in cryptocurrency dude, and that's part of this industry. And that's normal too because just think if everyone believes in cryptocurrency and no one will work as an employee, many companies will probably have problems finding applicants to be their employees, do you get it?

So let's thank the people who don't believe in cryptocurrency because not all people are really for the field of industry.

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January 06, 2023, 02:50:32 PM
 #154

Until now there are still many people who do not believe in the crypto world who can earn big money and can manage our economic needs well, Many people are still hesitant about investing in bitcoin or altcoins and they still judge negative things about the crypto world, and this is not only the case for the poor and some rich people also respond too badly about the crypto world without studying well, Then never force anyone to get to know the crypto world without their own desires because we will definitely listen to negative assumptions.
It is because of a lack of education about crypto. Their views will remain thinking negative until such time they will know deeply about Bitcoin. Because what I see is that the majority are just living up to assumptions thinking that Bitcoin is not real but a full of scam. Without proper education, surely it was hard to encourage people to take a look at the benefits of investing in Bitcoin.
We couldn't argue with them, the only thing we can do is to let them discover the importance of Bitcoin, especially during inflation.

Sometimes it's not because of a lack of education but because they don't like cryptocurrencies and don't like their volatility. We can't force everyone to invest in crypto, or crypto will always appeal to everyone.

Besides crypto, we have many other areas to invest in, and it's each person's choice, such as our dislike of investing in gold and stocks, and they'll say we don't know anything about gold or stocks. Don't impose your opinion on others, cryptocurrency is not the only market that makes profit, many people have become rich by investing in gold, stocks without crypto.

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January 06, 2023, 04:06:16 PM
 #155

Poor people think differently for rich people. Rich individuals think in years, while the poor think in days. Poor folks typically have pessimistic pals. They don't want to try anything new or be the first person in their group of poor friends to try something new. Just keep things as they are. It makes me think of the counsel given by the poor dad in Kiyosaki's Rich Dad, Poor Dad book. Take it easy, was the counsel. Go to school, study hard and get good grades so that you can get a good job after graduation.

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January 06, 2023, 04:12:15 PM
 #156

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

First of all I don't get who you describe as poor! If you're talking about lower middle class with no stable income and not good job opportunities then the answer is yeah they don't have anything so they can't afford to lose anything but you need to remember most of the richest people in the world now started their journey from zero so its all about time and ideas which they workout and execute.

In general bitcoin is more suitable for middle class people to invest because they no need too much knowledge like investing in a stock its simply like investing in gold but higher returns along with higher volatility.









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January 06, 2023, 04:36:25 PM
 #157

Poor people think differently for rich people. Rich individuals think in years, while the poor think in days. Poor folks typically have pessimistic pals. They don't want to try anything new or be the first person in their group of poor friends to try something new. Just keep things as they are. It makes me think of the counsel given by the poor dad in Kiyosaki's Rich Dad, Poor Dad book. Take it easy, was the counsel. Go to school, study hard and get good grades so that you can get a good job after graduation.


That is one of the factors instilling a mindset that causes hereditary poverty which substantially shows that thought shows becoming a company robot or an employee and the orientation of his thoughts is money to fulfil desires, I often see when people buy motorbikes from the results of their hard work for years only want to get personal satisfaction and respect from others, it's still better for people who save up first to buy something, cause what's worse are those who deliberately buy a wish with credit and some even deliberately sell land or fields to buy a vehicle that is only oriented towards want to be praised by others that he is capable.
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January 06, 2023, 05:52:56 PM
 #158

Poor people think differently for rich people. Rich individuals think in years, while the poor think in days. Poor folks typically have pessimistic pals. They don't want to try anything new or be the first person in their group of poor friends to try something new. Just keep things as they are. It makes me think of the counsel given by the poor dad in Kiyosaki's Rich Dad, Poor Dad book. Take it easy, was the counsel. Go to school, study hard and get good grades so that you can get a good job after graduation.

If you were rich would you like to play with the poor? Definitely not because playing with them won't make you any better. And that's why the poor don't have positive, optimistic friends. This society is a classist, racist society, it has never been fair. There are poor people who really want to get rich, but because their circumstances do not allow investment or their life is too deadlocked, they cannot do anything else. Don't just look down on the poor when you haven't been through what they're going through.
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January 06, 2023, 06:33:34 PM
 #159

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

Advice all you could but you can't convince a poor man that is yet to feed his belly, one must invest in his belly before putting financial investment in the front, this is why convincing them to try out always lead to wall that they find difficult to jailbreak, our hands are not equal and infact, life is not always fair for poor person.

Again, been poor doesn't equate to been poor forever, life is sometimes give opportunity to some hard working and smart people and they make use of environment they find their selfs, and if it favour them, they move outbreak the poverty life to midlle class without investing in any assets or properties.


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January 06, 2023, 07:22:16 PM
 #160

~
Surely there are higher chances that rich people are just investing to it behind the scenes. They can afford to lose a large lump sum of money anyway even if their investment just did not turned out in their own favors. Poor people have more things in priority that risking what they currently have in their own bank, so others should not be surprised that they are still hesitant to drop a single penny to any sorts of investments including Bitcoin out there.

Sure Bitcoin did not fail us for more than two decades, but it does not mean that everyone should invest to it hastily.
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January 06, 2023, 07:23:21 PM
 #161

When it comes to mentality, I think it can be formed through various educational methods as a provision of principles. But here, more precisely, whether or not you want to change yourself to be more productive and leave situations that make you comfortable in stagnant conditions.
Also, this can be influenced by the choice of social environment, as we know that association has a considerable impact on us both in character and mindset. If you associate with people who understand crypto, you will know more or less about crypto, if you associate with people who understand politics more or less you will understand politics and if you hang out with people who like to invest or do business I think you will know business and investment, and you will definitely try to do that.
When you offer someone enough wage to survive, not to make them rich but to survive, it would be near impossible for them to leave that wage and star their own business.

If you offer them something super low, like minimum wage, then they will always look for a better job or even their own shop, and if you offer them a lot, and I mean more than anyone else, then they will build a network at your business and then go start their own business and steal your customers. Which all comes down to the fact that you need to pay them just enough to survive, so they would keep working for you and take any risks. This is how capitalism works, and it has worked pretty well so far.

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January 06, 2023, 07:31:29 PM
 #162

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
I believe what you said are also the realities we can directly observed from poor people around, but you can’t simply judge them just because of that. Poor people will always want to prosper just like anyone else, but if they don’t have the resources to do that, and that they have not received better opportunities in life, so how can they start moving on to their lives if all they met are just struggles.
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January 06, 2023, 07:43:39 PM
 #163

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
Are you rich?
As if you want to show a real change to the poor.
I think a lot of people investing now are often poor people involved. Many of them are now thinking a thousand times about investing because of the enticements of people in investment scams. It's often the case that poor people are trapped by fraudulent investment inducements with multiple profit offers on offer. Don't say you don't know about it.
So my advice, don't blame the poor when they don't want to, blame the ignorant people who first invite them into fake investment matters.
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January 06, 2023, 09:25:28 PM
 #164

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.

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January 06, 2023, 09:37:20 PM
 #165

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.
Yeah, and this is why it would really be that situational on which there are really that people who cant really make out some investment decisions because they arent able to do so because
of situations which they dont really have any choice but to deal up with it and there's no option that they could really be able to do so.Its not that they arent really liking to have a good
life when it comes to financial but there are really things which they cant be able to deal with and there's no other way but to go on things in life on the hardest way.
We cant make out some conclusions but its true that majority is really  that having that poor mindset and that what makes them still poor.

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January 07, 2023, 05:34:23 AM
 #166

Poor people are really funny people when you have to talk about there mindset, well you won't blame them because poverty has a way of killing the dreams in you unless you fight it then you will see ur dream come to reality, but the poor mindset is a bad one because u will just see your self condemning people that have real money thinking it was gotten illegally, poverty will make you believe that you have to overwork yourself before being paid a small money , poverty will blind you from seeing real money opportunities, Everything will look like scam to you, and you won't be able to take risk because of poor mindset.
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January 07, 2023, 06:43:50 AM
 #167

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.

This is the reason why the poor get poorer and the rich get richer. It is a sad truth, and all we can do is work hard until we can save or earn extra money to invest, but again, this is very difficult unless someone is helping us. But again, as long as we are not lazy and have determination, we will really achieve what we want. We should always aim higher, and we also should not reason that we are poor; we work hard, just like those successful people who started from scratch, and they achieve that through perseverance and not quitting. 
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January 07, 2023, 07:22:05 AM
 #168

~
Surely there are higher chances that rich people are just investing to it behind the scenes. They can afford to lose a large lump sum of money anyway even if their investment just did not turned out in their own favors. Poor people have more things in priority that risking what they currently have in their own bank, so others should not be surprised that they are still hesitant to drop a single penny to any sorts of investments including Bitcoin out there.

Sure Bitcoin did not fail us for more than two decades, but it does not mean that everyone should invest to it hastily.
Actually, in this case, I don't really like this kind of classification, but indeed, on the other hand, we also cannot rule out the fact that things like what you say can be true.
When we live in difficult conditions we cannot think of anything. let alone investing for the future, they are still confused about what to eat today and what to eat tomorrow.
Even though many say about work and work, we also know that sometimes for poor people like this it actually becomes an obstacle in finding a job because of course we still know the social strata and the average work of people who are said to be less able is actually like a job with rules and regulations. salary that is difficult to accept common sense, not all but the average is like that. So it is difficult for them to think about the future. It's not that they don't want to, but their condition doesn't allow it.

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January 07, 2023, 07:38:14 AM
Merited by fillippone (2)
 #169

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
Why is it called poor? Because there is no added value or nothing increases in his life, it tends to remain even less (wealth, reward, happiness, knowledge, will, etc., nothing increases)
Example: if you want to do business, you are afraid of loss, the era has changed digitally, he said it was really complicated, he said alms, it's a shame it's hard to find.

Why the poor stay poor
1. Unstable income
2. Mental and mindset
3. Can't delay happiness
4. Not adding financial knowledge
5. Not giving charity
6. Does not add skills
7. Surrender to circumstances

The poorest people in the world are those who don't have dreams (always go with the flow)
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January 07, 2023, 08:15:59 AM
 #170

Why is it called poor? Because there is no added value or nothing increases in his life, it tends to remain even less (wealth, reward, happiness, knowledge, will, etc., nothing increases)
Example: if you want to do business, you are afraid of loss, the era has changed digitally, he said it was really complicated, he said alms, it's a shame it's hard to find.

Why the poor stay poor
1. Unstable income
2. Mental and mindset
3. Can't delay happiness
4. Not adding financial knowledge
5. Not giving charity
6. Does not add skills
7. Surrender to circumstances

The poorest people in the world are those who don't have dreams (always go with the flow)

Have you experienced all of these points or have you done them in the past? Because for me someone will still be poor if there is no desire to change the way he works and get rid of the laziness that is in him so that he has the determination to rise from the poverty he is experiencing. Although the points you mentioned are very close to the poor people I see now. But in this case I'm just curious about what mindset are you running to be able to eradicate poverty within yourself?

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January 07, 2023, 08:53:33 AM
 #171

Many poor people live on their paychecks, the moment they get the paycheck all the money is already going somewhere, these type of people will be very hard to persuade to invest in Bitcoin, yet I have come across very few ones that hated their lives and want to do something for themselves, it's all about the will to create changes in one's life.



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January 07, 2023, 09:35:26 AM
 #172

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.

I have met these cases, honestly, no one wants to be poor forever and the poor know that working alone is not enough to get out of poverty, they need to invest and take risks. But looking back at their circumstances, that doesn't allow them to do that. Even if you don't have enough to eat, how do you invest? We are not them, we are not in their position, so we cannot blame them when they do not innovate, and do not take risks to find opportunities for themselves. Some dreams will never come true.

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January 07, 2023, 09:40:20 AM
 #173

I think it is not right to belittle yourself for being poor a poor man can change his condition if he wishes. If you have skills and abilities, people rise above the work that's why you have to work hard and don't be lazy and blame it on luck. With enough education, market practice and investing in bitcoin can change the situation education is the main investment to eradicate poverty.

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January 07, 2023, 01:34:03 PM
 #174

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.

I have met these cases, honestly, no one wants to be poor forever and the poor know that working alone is not enough to get out of poverty, they need to invest and take risks. But looking back at their circumstances, that doesn't allow them to do that. Even if you don't have enough to eat, how do you invest? We are not them, we are not in their position, so we cannot blame them when they do not innovate, and do not take risks to find opportunities for themselves. Some dreams will never come true.

Nobody should blame the poor for not investing,  even the poor knows investing is good but they have no power to invest because what comes in as income goes in for what they eat . What the poor people needs is to work harder to increase their income, in this process they will be able to start small to invest.  Everyone understands the importance of investing but I don't blame people who are not financially buoyant that are unable to invest, that is why people who have good source of income are lucky and should be able to use the opportunity well.

R


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January 07, 2023, 10:35:09 PM
 #175

I think it is not right to belittle yourself for being poor a poor man can change his condition if he wishes. If you have skills and abilities, people rise above the work that's why you have to work hard and don't be lazy and blame it on luck. With enough education, market practice and investing in bitcoin can change the situation education is the main investment to eradicate poverty.
Poverty is beyond your skill, ability and educational qualification, poverty deals with your mindset, it will keep you stagnant and every opportunity that comes your way will not worth the risk of giving it a trial, poverty has to do with your mindset,
 the way you think, the people you talk to , the things you talk about, I know someone that is always questioning people's source of money simply because they are young and doing well which is not meant to be so, they just believe that money is for a certain or particular age group, there by seeing any young man doing well as someone with illegal money.
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January 07, 2023, 11:57:03 PM
 #176

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

That is because they are too scared to take the risk. The best thing is just not to try because they have a poor mindset already.
But categorically, not all are like that. While some have concluded within themselves that they can't go any further than where they are, others have tried saving and investment plans that failed, so they just make up their minds not to try again. In such cases, it is not their fault. They just got unlucky with some scams that kill their zeal. while most of the poor people don't even have enough to pinch a penny.


The rich are eager to invest more because he or she has more. weather they lose it or not, they have back up; but the poor man is only dependent upon one job, which he or she is managing with little pay.


I have come to the conclusion that there are different types of poor people.

Poor financially but not poor in mind, try to persuade them that at some point they will still take the risk if they have the funds.

poor, both financially and mentally; they assume everything to be a scam as a result of illiteracy and ignorance.


They don't force people to get rich; anyone who chooses to be rich should strive hard for it and educate themselves on recent innovations and how to improve themselves.


Quote
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.


Due to the fact that the economic system is becoming more harsh every year, there is nothing like a financial break-through. I think you are right if you say some are looking for financial breakthrough, and the reason why is because they are too overly religious; they think miracles can just fall from heaven with hard work. Is good to have a rethink.
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January 08, 2023, 03:28:12 AM
 #177

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.

I have met these cases, honestly, no one wants to be poor forever and the poor know that working alone is not enough to get out of poverty, they need to invest and take risks. But looking back at their circumstances, that doesn't allow them to do that. Even if you don't have enough to eat, how do you invest? We are not them, we are not in their position, so we cannot blame them when they do not innovate, and do not take risks to find opportunities for themselves. Some dreams will never come true.
That's right all poor people certainly don't want conditions like that to happen forever to them,
but it's not that easy to get out of the cycle of poverty,
Most people are either poor in knowledge or skills and they are also limited in such a way that makes it even more difficult
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January 08, 2023, 05:57:31 AM
 #178

You're thinking that poor people can't invest, correct? Well, the first issue is that when they do invest and later face an urgent issue, who will take care of it for them? So my friends, my opinion is that I don't see their fault or criticism. Before you invest in anything like bitcoin, you have to be able to do it and also have enough that if any problems arise at any time, you can solve them. Because it is not what we humans are planning to do God is planning for us, so I believe the poor may have a variety of reasons.

.
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January 08, 2023, 06:31:59 AM
 #179

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.

so true. we cannot presume everyone is of the same mind based on being rich or poor. because it's like you said that there are actually many poor people who also have thoughts about investing. However, it is their financial situation and condition that has limited them. because their income is sometimes only enough to be used right away. so they sometimes have nothing left to save and invest.

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January 08, 2023, 06:50:12 AM
 #180

Other poor people have no desire to advance in life because they believe that they were born poor and will die poor. It means that people's progress depends on what mindset they believe in.

    There are also others like Poor people with and poor mindset that even though you helped them get out of the pit of poverty in their lives, and even gave them a job, in the end, they still return to the mindset of a poor people. These are the lazy people who always want someone to give them help such as giving them money or relief goods.



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January 08, 2023, 07:20:46 AM
Merited by fillippone (2), Fara Chan (1)
 #181

Other poor people have no desire to advance in life because they believe that they were born poor and will die poor. It means that people's progress depends on what mindset they believe in.

    There are also others like Poor people with and poor mindset that even though you helped them get out of the pit of poverty in their lives, and even gave them a job, in the end, they still return to the mindset of a poor people. These are the lazy people who always want someone to give them help such as giving them money or relief goods.
everyone who is born in this world is all the same, no one is poor or rich, and it all comes back to the mindset and mentality of how to live life and choose.
no matter how much wealth one has, it will run out if he has a poor mindset and mentality and vice versa, even though he doesn't have the same wealth, he will still be able to become rich if he wants to do and work.
so basically it all comes back to ourselves, we are responsible for ourselves when we are born in this world, and I have never thought that being poor or rich is from the offspring of wealth, everything is from our own mindset and mentality.

and all of that can be changed as long as there is a will for people to gain knowledge and improve their mindset.
to be honest, I have also experienced this, a mental fall and a narrow mindset due to personal problems that I experienced, it took me a long time to get up, but that is certain if there is a real desire.



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January 08, 2023, 09:45:15 AM
 #182

Many poor people live on their paychecks, the moment they get the paycheck all the money is already going somewhere, these type of people will be very hard to persuade to invest in Bitcoin, yet I have come across very few ones that hated their lives and want to do something for themselves, it's all about the will to create changes in one's life.


It's about the will and the determination to achieve your goals. There's still some that can be squeezed with your monthly salary. If you are too determined to work your way, chances of success are always possible.

It's tough, but if you are keen on finding the right way and the right investment for your future,
then expect that there's a good outcome to come on your way.
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January 08, 2023, 12:33:42 PM
 #183

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.

I have met these cases, honestly, no one wants to be poor forever and the poor know that working alone is not enough to get out of poverty, they need to invest and take risks. But looking back at their circumstances, that doesn't allow them to do that. Even if you don't have enough to eat, how do you invest? We are not them, we are not in their position, so we cannot blame them when they do not innovate, and do not take risks to find opportunities for themselves. Some dreams will never come true.
That's right all poor people certainly don't want conditions like that to happen forever to them,
but it's not that easy to get out of the cycle of poverty,
Most people are either poor in knowledge or skills and they are also limited in such a way that makes it even more difficult

I am disappointed that some people criticize the poor like this or that, but they have never experienced what the poor have to go through. We are luckier than many people, and we should appreciate that, but that doesn't mean we have the right to disparage people who are poorer than us. If we can't help them, we shouldn't hurt them, they're poor, but they haven't raised their hand to ask for our help, and we haven't been able to help them, so we have no right to judge them here.

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January 08, 2023, 04:33:09 PM
 #184

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.

so true. we cannot presume everyone is of the same mind based on being rich or poor. because it's like you said that there are actually many poor people who also have thoughts about investing. However, it is their financial situation and condition that has limited them. because their income is sometimes only enough to be used right away. so they sometimes have nothing left to save and invest.
I agree with that in any case we can't just average including in this case,
so there must be poor people who have thoughts of investing as you say,
but maybe that's all it is because investment also requires money and that's the problem

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January 08, 2023, 07:46:53 PM
 #185

I think it is not right to belittle yourself for being poor a poor man can change his condition if he wishes. If you have skills and abilities, people rise above the work that's why you have to work hard and don't be lazy and blame it on luck. With enough education, market practice and investing in bitcoin can change the situation education is the main investment to eradicate poverty.
Poverty is beyond your skill, ability and educational qualification, poverty deals with your mindset, it will keep you stagnant and every opportunity that comes your way will not worth the risk of giving it a trial, poverty has to do with your mindset,
 the way you think, the people you talk to , the things you talk about, I know someone that is always questioning people's source of money simply because they are young and doing well which is not meant to be so, they just believe that money is for a certain or particular age group, there by seeing any young man doing well as someone with illegal money.
True. Often times we see people who attain a degree, have a skill or ability but these people are still stagnant or doesn't have a job and then there are people who don't have it all but still became successful or rich. Sometimes it only has to do with our mindset. We shouldn't be lazy, and we should not give up after some rejections or failures. Those people who are doing well and underestimate other people are bad people.

If we came across one and they attack us, we shouldn't get affected on what they say but we should use it as a motivation to improve our life. Money or success isn't only limited for young people so old people shouldn't think that it was too late already to change their life.

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January 08, 2023, 09:29:43 PM
 #186

There are 2 kinds of poor people.

1. There are poor people who really don't know about Bitcoin, and they don't really like investing into Bitcoin and investing other assets. No matter what you will do, they really don't like to invest, and we can't do anything about it.
2. There are poor people who really likes to invest into Bitcoin, but the problem is that they don't have cash or spare money to be used to buy it. Let's accept it. There are some people around that are only earning minimum wage monthly and that's enough for the whole family to sustain their daily lives. Nothing left for savings, nothing left for investment etc.
That second type of people are pretty common in my nation and I can easily say that problems people have in the west are not problems at all in my nation. Like if you lived like the poor person of my nation but earned in USA then you would save insane amount of money there. People there earn at least 4 thousand dollars per month, and live like the poor person of my nation would cost about 200-250 dollars there.

Imagine living in a hub type of small wooden cabin with basically one bed barely fit in there, rain drops into your bed, snow covers inside the house, no bathroom, no shower, no cooking space, that's a terrible way of living and we ask that person to invest into bitcoin? I am sorry but that's just funny.
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January 08, 2023, 09:39:23 PM
 #187

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Poverty or degree of wealth accumulation possible is often times outside the control of individuals around the world. The majority of people are born into countries where it is extremely tough to break out of cycles that offer them low wages and very high competition. The internet has been a great equalizer in many respects, offering both knowledge and the means to work in useful services from any corner of the globe with access. Only with the right education, accrued knowledge and maybe essentially time do people have the means to improve their situation. For someone that has to work 12 hours a day, 6 days a week just to sustain their family - the ability to invest or experiment elsewhere might be impossible. Circumstances matter greatly.

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January 08, 2023, 11:54:05 PM
 #188

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.

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January 09, 2023, 11:51:34 AM
 #189

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.
Yes, it's true, not everyone is lucky and can set aside their money to invest instead of using it to invest but they will be more concerned with the basic needs in their life. Actually you can make investments, but with the risk that they will not be fulfilled even if it is only for food. What's the point of investing but have to ignore or "abandon" yourself or even your family. We cannot judge other people without knowing what they are really experiencing.

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January 09, 2023, 12:01:17 PM
 #190

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.

I really don't like what the OP is saying, it sounds like he is looking down on the poor, and I agree with you that we are just getting luckier than them, not smarter than them. I wish those who are looking down on the poor to try once in the situation of the poor, I want to see how hard those people will work and how they will invest when there is no money to eat. Conversely, if those poor people were in our position, they could be more successful than we are.

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January 09, 2023, 12:26:32 PM
 #191

Being poor start from the mind, which is a simple definition that you can't acquire a future you never admire of, everyone in life is lied with an opportunity to make things change in his life and how we maximize these opportunities determines the extent to how far we can go in achieving them, been born poor is not an excuse before many poor born millionaires started from somewhere without letting their condition and predicaments tackle their progress in life, we choose on what we want which is our desire and relentless efforts towards it make them come into reality either to be poor or rich.

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January 09, 2023, 12:45:34 PM
 #192

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.
Yes, it's true, not everyone is lucky and can set aside their money to invest instead of using it to invest but they will be more concerned with the basic needs in their life. Actually you can make investments, but with the risk that they will not be fulfilled even if it is only for food. What's the point of investing but have to ignore or "abandon" yourself or even your family. We cannot judge other people without knowing what they are really experiencing.
But will you also agree that investment is about sacrifice. Even with the little one earn they can set aside some amount no matter how small it is for investment. Been born into poverty is one coincidence but remaining poor is a choice. Richies does not spring out from the sky it is one's conscious effort that bring them into the reality of their dreams.

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January 09, 2023, 03:02:32 PM
 #193

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.
Agree, maybe yes born to a poor family and environment cannot be change but we have a choice, a choice if we will start to grow have some job rebuild our lives managing our finances well, I think in the future it will be brighter. Poor people tend to be unmotivated because of what they can hear just like what the OP are saying but we can take this as a motivation as well not to prove to those people  but to prove to ourselves that we have no limitations as long as we can do thinks possible.
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January 09, 2023, 03:18:02 PM
 #194

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.
Some people have never been in an economic level position like them, so they say it without proper consideration and judge poor people without knowing their life background, this very economic position is very different from before corona and inflation, many people have lost their jobs and have no income , so if we feel we have enough from our economy to invest, then don't underestimate the poor who are currently never thinking about investing but they are thinking about what can be bought to eat tomorrow.

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January 09, 2023, 03:43:48 PM
 #195

What OP have mentioned will be the real words that come out of a poor person. We need to think why they are taking everything in a negative way and nothing positive. It is just simple, we all live to fulfill our stomach. The poor focusing on his daily bread makes him unaware of what is happening around. Very rare to see people who make themselves strong and progress, and what they achieve will be very big. It is to be noted, rather than feeding with knowledge first it is a must to feed them with food. Automatically their minds will start working and turns positive.

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January 09, 2023, 04:11:05 PM
 #196

First of all, not everyone is privileged enough to afford to invest in crypto. Most people who aren't fortunate live their everyday life working and earning enough just to have some food on their plates. It's inconsiderate enough to blame poor people for staying poor, it's true that there's a lot of opportunity to earn, but not everyone is privileged or can afford to invest. Instead of putting their money into investment, they have bills that are due, they need to spend it somewhere else like food, health, and etc. like everyone else.

It's difficult to criticize poor people if you haven't put yourself in their shoes. Poor people feels lucky enough to be able to eat at least 3 times a day, or even to send their children to school, or even pay their bills on time.
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January 09, 2023, 09:30:42 PM
 #197

You just have to show them proofs and not slamming the door when they say "No" or reasoning out about how it will end up. There are pessimistic people too, do remember that. They are not poor and yet they are not willing to join such things because rumors and gossips came earlier before the marketing team. Back to the poor, they are just trying to be sure and investing in a secure way. They don't have much so might as well get the best out of it and not let it go to waste to HYIP with high risk of getting rekt.
I understand them as I am not far from a poor guy too. Been there, just worked harder.
Not all poor people refuse to invest, they really want to invest as much as they can but they don’t have enough funds to invest. That is why even if they wish too, they will never be profitable as much as rich people do because of their limited funds. And if ever they also have extra funds, they will far to invest in bitcoin because investing in bitcoin does not guarantee quick profits, which I think poor people don’t have that patience to wait for that long.

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January 09, 2023, 09:40:32 PM
 #198

People has a different mind set not all the poor people is not interested about investing on bitcoin there are also poor people that wanted to invest into it but the budget is very few and not enough for investing, so they choose not to do investing.

so true. we cannot presume everyone is of the same mind based on being rich or poor. because it's like you said that there are actually many poor people who also have thoughts about investing. However, it is their financial situation and condition that has limited them. because their income is sometimes only enough to be used right away. so they sometimes have nothing left to save and invest.
Yes, even if they want to, their funds would not be suitable enough as most of their money are already used from paying debts and buying the basic needs of the family. But if they will be given same opportunities like those rich people are enjoying, obviously they will always love the idea to invest. But since they remain less fortunate people, they will always consider putting food on the table first rather than making some investments.
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January 09, 2023, 10:00:27 PM
 #199

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.

I really don't like what the OP is saying, it sounds like he is looking down on the poor, and I agree with you that we are just getting luckier than them, not smarter than them. I wish those who are looking down on the poor to try once in the situation of the poor, I want to see how hard those people will work and how they will invest when there is no money to eat. Conversely, if those poor people were in our position, they could be more successful than we are.

I also wasn’t too keen to share in the opinions of the OP. It almost sounded to me like he was kinda putting the blame of not having any financial education and just generally being poor on the poor folks. And a lot of poor folks work really hard in their respective jobs to make ends meet. If it was all about working hard, then I know a lot of people would be billionaires today. I wouldn’t put all the blame on them for their situation.
While a lot of them may be lazy and hesitant to put in any work to better themselves and their lives, a considerable lot also work hard and try to better themselves and their lives.
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January 10, 2023, 08:32:32 AM
 #200

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.

I really don't like what the OP is saying, it sounds like he is looking down on the poor, and I agree with you that we are just getting luckier than them, not smarter than them. I wish those who are looking down on the poor to try once in the situation of the poor, I want to see how hard those people will work and how they will invest when there is no money to eat. Conversely, if those poor people were in our position, they could be more successful than we are.

I also wasn’t too keen to share in the opinions of the OP. It almost sounded to me like he was kinda putting the blame of not having any financial education and just generally being poor on the poor folks. And a lot of poor folks work really hard in their respective jobs to make ends meet. If it was all about working hard, then I know a lot of people would be billionaires today. I wouldn’t put all the blame on them for their situation.
While a lot of them may be lazy and hesitant to put in any work to better themselves and their lives, a considerable lot also work hard and try to better themselves and their lives.

Exactly, there are people who really putting everything at the table to find the best way to better their life, we can say that they are really keen on making success as they wanted to have a better future.

Not only for themselves but more on the side of having a financial stability for them and for
the whole family.

I can say that the intention is there, but the access is limited or just like you say, they are just lazy
or not willing to extend their will to find the right way.
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January 10, 2023, 04:24:06 PM
 #201

It's just too sad that most hardwork is not rewarded immediately or at all. Most people hustle and hustle and stil they don't earn anything tangible, it comes down not only to hustling but grace too.
There are people that don't need stress themselves in life but they are earning more than people hustling hard everyday., Most times their parents have opened the way for them and most of them get access to work, contracts through their parents names.
Working hard is a decision and if working hard could lift people from poverty I believe the poor population of some countries especially Nigeria would have been reduced by half.
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January 10, 2023, 05:10:34 PM
 #202

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.

I really don't like what the OP is saying, it sounds like he is looking down on the poor, and I agree with you that we are just getting luckier than them, not smarter than them. I wish those who are looking down on the poor to try once in the situation of the poor, I want to see how hard those people will work and how they will invest when there is no money to eat. Conversely, if those poor people were in our position, they could be more successful than we are.

I also wasn’t too keen to share in the opinions of the OP. It almost sounded to me like he was kinda putting the blame of not having any financial education and just generally being poor on the poor folks. And a lot of poor folks work really hard in their respective jobs to make ends meet. If it was all about working hard, then I know a lot of people would be billionaires today. I wouldn’t put all the blame on them for their situation.
While a lot of them may be lazy and hesitant to put in any work to better themselves and their lives, a considerable lot also work hard and try to better themselves and their lives.

Exactly, there are people who really putting everything at the table to find the best way to better their life, we can say that they are really keen on making success as they wanted to have a better future.

Not only for themselves but more on the side of having a financial stability for them and for
the whole family.

I can say that the intention is there, but the access is limited or just like you say, they are just lazy
or not willing to extend their will to find the right way.

If only it's that easy for them, but it's not. OP should try to be more considerate sometimes rather than saying some things that have no sense at all, maybe he should try to put his life into their shoes to have a better understanding in their reality to see how hard their situation is and that not everyone has the privilege to invest in crypto. We all know that cryptocurrencies can really make someone's life more comfortable if it's used cleverly but the point is, how can they start if they can only afford to eat twice or thrice a day.

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January 10, 2023, 07:00:14 PM
Merited by fillippone (2)
 #203

Other poor people have no desire to advance in life because they believe that they were born poor and will die poor. It means that people's progress depends on what mindset they believe in.

    There are also others like Poor people with and poor mindset that even though you helped them get out of the pit of poverty in their lives, and even gave them a job, in the end, they still return to the mindset of a poor people. These are the lazy people who always want someone to give them help such as giving them money or relief goods.
In my opinion, it is environmental factors that influence a person's mindset. Many people learn from their environment and adopt it as a habit.

The second is access to financial information/education, access to quality books, and again environmental factors that are less supportive for learning (perhaps economic factors, mindset about education, study habits/practical thinking.

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January 10, 2023, 09:18:49 PM
 #204

Other poor people have no desire to advance in life because they believe that they were born poor and will die poor. It means that people's progress depends on what mindset they believe in.

    There are also others like Poor people with and poor mindset that even though you helped them get out of the pit of poverty in their lives, and even gave them a job, in the end, they still return to the mindset of a poor people. These are the lazy people who always want someone to give them help such as giving them money or relief goods.
In my opinion, it is environmental factors that influence a person's mindset. Many people learn from their environment and adopt it as a habit.

The second is access to financial information/education, access to quality books, and again environmental factors that are less supportive for learning (perhaps economic factors, mindset about education, study habits/practical thinking.
Environmental things on the way it would really be including the people who is around you and the establishments and opportunities that it surrounds.If you do see that it isnt something that you could be able to

make up some action then you wont really be seeing yourself be able to progress out and this is in fact the reality which it cant really be avoided or something.When someones mindset is on how to make their living
more better than on the current ones that they are really that experiencing then they would really be finding ways but if they are really just that contented on what they do have currently now then they would
really be sticking into that.

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January 10, 2023, 11:51:17 PM
 #205

Other poor people have no desire to advance in life because they believe that they were born poor and will die poor. It means that people's progress depends on what mindset they believe in.

    There are also others like Poor people with and poor mindset that even though you helped them get out of the pit of poverty in their lives, and even gave them a job, in the end, they still return to the mindset of a poor people. These are the lazy people who always want someone to give them help such as giving them money or relief goods.
In my opinion, it is environmental factors that influence a person's mindset. Many people learn from their environment and adopt it as a habit.

The second is access to financial information/education, access to quality books, and again environmental factors that are less supportive for learning (perhaps economic factors, mindset about education, study habits/practical thinking.

There are a lot of factors that would, in my opinion greatly influence a persons mindset and environmental factors is a teeny tiny percentage. Your environment has a way out influencing your behaviors until they become habits. I think someone could also not be influenced by the environment in which he/she resides. Someone could not let the world around him influence and get to him.
While I think environmental and societal issues could greatly impact on someone’s mindset, I also think it’s not a cause for people to remain poor
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January 11, 2023, 08:54:28 PM
 #206

Yes, it's true, not everyone is lucky and can set aside their money to invest instead of using it to invest but they will be more concerned with the basic needs in their life. Actually you can make investments, but with the risk that they will not be fulfilled even if it is only for food. What's the point of investing but have to ignore or "abandon" yourself or even your family. We cannot judge other people without knowing what they are really experiencing.
But will you also agree that investment is about sacrifice. Even with the little one earn they can set aside some amount no matter how small it is for investment. Been born into poverty is one coincidence but remaining poor is a choice. Richies does not spring out from the sky it is one's conscious effort that bring them into the reality of their dreams.
Of course investment is a sacrifice, but it must also be accompanied by one's ability. Everyone can make sacrifices, but the situation is different here. Are you able to invest but you can't fill your stomach in a full day? This is very selfish in my opinion. I say this because I see some people who even have trouble even if it's just to eat. Sometimes they can eat breakfast, and they find food the next day. We may give suggestions for their future, but not in a way that discredits them.

.
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Quidat
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January 11, 2023, 10:13:48 PM
 #207

Yes, it's true, not everyone is lucky and can set aside their money to invest instead of using it to invest but they will be more concerned with the basic needs in their life. Actually you can make investments, but with the risk that they will not be fulfilled even if it is only for food. What's the point of investing but have to ignore or "abandon" yourself or even your family. We cannot judge other people without knowing what they are really experiencing.
But will you also agree that investment is about sacrifice. Even with the little one earn they can set aside some amount no matter how small it is for investment. Been born into poverty is one coincidence but remaining poor is a choice. Richies does not spring out from the sky it is one's conscious effort that bring them into the reality of their dreams.
Of course investment is a sacrifice, but it must also be accompanied by one's ability. Everyone can make sacrifices, but the situation is different here. Are you able to invest but you can't fill your stomach in a full day? This is very selfish in my opinion. I say this because I see some people who even have trouble even if it's just to eat. Sometimes they can eat breakfast, and they find food the next day. We may give suggestions for their future, but not in a way that discredits them.
Just be sure that your sacrifices would really be that worth on which you cant really just sacrifice without minding about the probable things that might happen ahead.We know that
not all we do engage do turns out to be positive or really having a good result which it would really be just normal that you should really be that mindful on how to handle it well.
You should make it worth since you had made out some sacrifices because you are really that looking on the better or good side of things and not focusing on the bad ones..
There are just things in life which we cant able to avoid no matter how hard we do work.
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January 13, 2023, 12:47:16 PM
 #208

Yes, it's true, not everyone is lucky and can set aside their money to invest instead of using it to invest but they will be more concerned with the basic needs in their life. Actually you can make investments, but with the risk that they will not be fulfilled even if it is only for food. What's the point of investing but have to ignore or "abandon" yourself or even your family. We cannot judge other people without knowing what they are really experiencing.
But will you also agree that investment is about sacrifice. Even with the little one earn they can set aside some amount no matter how small it is for investment. Been born into poverty is one coincidence but remaining poor is a choice. Richies does not spring out from the sky it is one's conscious effort that bring them into the reality of their dreams.
Of course investment is a sacrifice, but it must also be accompanied by one's ability. Everyone can make sacrifices, but the situation is different here. Are you able to invest but you can't fill your stomach in a full day? This is very selfish in my opinion. I say this because I see some people who even have trouble even if it's just to eat. Sometimes they can eat breakfast, and they find food the next day. We may give suggestions for their future, but not in a way that discredits them.
Just be sure that your sacrifices would really be that worth on which you cant really just sacrifice without minding about the probable things that might happen ahead.We know that
not all we do engage do turns out to be positive or really having a good result which it would really be just normal that you should really be that mindful on how to handle it well.
You should make it worth since you had made out some sacrifices because you are really that looking on the better or good side of things and not focusing on the bad ones..
There are just things in life which we cant able to avoid no matter how hard we do work.

Indeed, there are things in life that we can't avoid and what we needed to do is to adjust and try to work on it for much better result, dwelling on it will just limit you to attain success.

It's always a challenge that you needed to compete if you really wanted to have a good future,
those reasoning might be a tough to overcome but it's you and your self-will that will break
that mindset to deliver a good solution in life.
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January 13, 2023, 01:24:21 PM
 #209

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

You are making this looks like poor people made themselves poor because they chosed to, life is not like that, to some extent we can say that there are some educated people who are poor and have been wanting to get into bitcoin but they are financially constrained because they don't have much to invest, you don't expect a poor person to go and steal and invest because you think bitcoin is the best thing anyone should put their money on. I know people who are super rich and till today, they have not for once put a penny on bitcoin because they think bitcoin doesn't have the utility to convince them enough to put their money on it, life doesn't work that way my friend.

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January 13, 2023, 01:36:03 PM
 #210

I don't know about it OP but your post could be a little anti-poor, not anti-poverty. We have to understand thaf oftentimes, poverty is never a choice for them to make but a culmination of circumstances that ultimately lead then to that moment. For me, it's hard to think about investing your money for the near future, when your kids are sick today and you'll have just about enough money to feed your family tomorrow. We oftentimes overlook other people's struggles just because it somehow worked out for us but you gotta admit, sometimes what separates us from them is just sheer dumb luck. Consider that.

I really don't like what the OP is saying, it sounds like he is looking down on the poor, and I agree with you that we are just getting luckier than them, not smarter than them. I wish those who are looking down on the poor to try once in the situation of the poor, I want to see how hard those people will work and how they will invest when there is no money to eat. Conversely, if those poor people were in our position, they could be more successful than we are.

I also wasn’t too keen to share in the opinions of the OP. It almost sounded to me like he was kinda putting the blame of not having any financial education and just generally being poor on the poor folks. And a lot of poor folks work really hard in their respective jobs to make ends meet. If it was all about working hard, then I know a lot of people would be billionaires today. I wouldn’t put all the blame on them for their situation.
While a lot of them may be lazy and hesitant to put in any work to better themselves and their lives, a considerable lot also work hard and try to better themselves and their lives.

Exactly, there are people who really putting everything at the table to find the best way to better their life, we can say that they are really keen on making success as they wanted to have a better future.

Not only for themselves but more on the side of having a financial stability for them and for
the whole family.

I can say that the intention is there, but the access is limited or just like you say, they are just lazy
or not willing to extend their will to find the right way.

If only it's that easy for them, but it's not. OP should try to be more considerate sometimes rather than saying some things that have no sense at all, maybe he should try to put his life into their shoes to have a better understanding in their reality to see how hard their situation is and that not everyone has the privilege to invest in crypto. We all know that cryptocurrencies can really make someone's life more comfortable if it's used cleverly but the point is, how can they start if they can only afford to eat twice or thrice a day.

I want to ask OP how he invests when his salary is only enough for 3 meals a day. The OP gave such a harsh view of the poor that I couldn't accept it either. I would love to know if he became rich investing in crypto or if he is just a crypto novice; how can he look down on the poor so much? If you can help the poor, it's really appreciated, if you can't help, there's no need to offend them. Everyone has their own situation and we are not them so it is impossible to understand what they are going through.

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January 13, 2023, 02:39:09 PM
 #211

They use to say that don't let your background take your back to the ground, this means alot to those that can have a good insight to the meaning and in the same way not for us to allow been poor got on us to the extent that we loose hope that we can make it in life and give up attempting, it is bad to be born poor but it's more worst to die been poor, everyone has an opportunity to him to set things right for himself he so he desires, but most people in this situation limited theirselves to how far they could go or become in live by indetermination.

R


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January 13, 2023, 03:26:22 PM
 #212

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

You are making this looks like poor people made themselves poor because they chosed to, life is not like that, to some extent we can say that there are some educated people who are poor and have been wanting to get into bitcoin but they are financially constrained because they don't have much to invest, you don't expect a poor person to go and steal and invest because you think bitcoin is the best thing anyone should put their money on. I know people who are super rich and till today, they have not for once put a penny on bitcoin because they think bitcoin doesn't have the utility to convince them enough to put their money on it, life doesn't work that way my friend.

I don't blame poor people if they have low mindset concerning building finance.  They are just how they are because their financial status and it is never their fault,  no one choose to be poor in life,  just that the poor people found themselves into it and if it is easy to change life from being poor to rich it would have been something they would have changed .  Some people know what to do with money to become financially better but what they is not just enough to grow financially. Poor people don't have much to invest,  their biggest fear is fear of lose. They hardly take risk because they can't afford to lose the little money they have.

R


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January 13, 2023, 10:33:49 PM
Merited by Ayers (1)
 #213

Other poor people have no desire to advance in life because they believe that they were born poor and will die poor. It means that people's progress depends on what mindset they believe in.

    There are also others like Poor people with and poor mindset that even though you helped them get out of the pit of poverty in their lives, and even gave them a job, in the end, they still return to the mindset of a poor people. These are the lazy people who always want someone to give them help such as giving them money or relief goods.

This is not about giving the poor a job or a relief goods, its about giving the poor an opportunity to invest and teach them how to make money on their own through several investments.
This is about their reasoning why they are afraid to put their money into any kind of investments, not about how lazy they are and not working to get a job that pays well. You may not want to generalize the poor people as lazy people, there are those who are less privileged, like the farmers.
You can even blame these people why they're afraid of investment, because they are also afraid to lose their hard earned money in vain. Let's not all forget, one of the golden rule of investment "Invest what you can afford to lose."

R


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January 14, 2023, 05:45:14 AM
 #214

There are a lot of factors that would, in my opinion greatly influence a persons mindset and environmental factors is a teeny tiny percentage. Your environment has a way out influencing your behaviors until they become habits. I think someone could also not be influenced by the environment in which he/she resides. Someone could not let the world around him influence and get to him.
While I think environmental and societal issues could greatly impact on someone’s mindset, I also think it’s not a cause for people to remain poor
I think the main thing that makes people rich or poor is mindset. In the digital age like today, knowledge is very easy to obtain, access to education is no longer a serious problem.

The current problem that needs to be solved is the willingness to learn and filter the knowledge gained, including the willingness to learn about investing in crypto, which can change one's economy for the better in the future.
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January 14, 2023, 06:21:01 AM
 #215

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

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The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

So have you become rich by investing in bitcoin?, if you are rich then you say they can trust you, but you still have nothing in hand then they have no reason to believe you. The poor have more pressing problems to deal with on a daily basis before thinking about investing, so don't belittle them when they don't take your advice.
It's quite funny because you are not richer than anyone but you can call others poor.

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January 14, 2023, 07:57:13 AM
 #216

I think the main thing that makes people rich or poor is mindset. In the digital age like today, knowledge is very easy to obtain, access to education is no longer a serious problem.
Not only about the mindset that must be more positive in thinking, but the enthusiasm in trying to continue working must also be prioritized because that is what makes everyone able to produce and make them rich. Because it's true that in an era like now it's very easy to get the knowledge we want, but to get income is always not easy because it requires execution from within each one.

Quote
The current problem that needs to be solved is the willingness to learn and filter the knowledge gained, including the willingness to learn about investing in crypto, which can change one's economy for the better in the future.
In addition to the willingness to be greater in learning so that one can work with one's abilities, encouragement from the environment also needs to be looked at because often a person can become lazy as a result of the influence of his own environment. So instill a better will and motivation to rise from laziness so that the future can be clearer with the goals we have set from now on.

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August 09, 2023, 04:08:45 PM
 #217

There are a lot of factors that would, in my opinion greatly influence a persons mindset and environmental factors is a teeny tiny percentage. Your environment has a way out influencing your behaviors until they become habits. I think someone could also not be influenced by the environment in which he/she resides. Someone could not let the world around him influence and get to him.
While I think environmental and societal issues could greatly impact on someone’s mindset, I also think it’s not a cause for people to remain poor
I think the main thing that makes people rich or poor is mindset. In the digital age like today, knowledge is very easy to obtain, access to education is no longer a serious problem.

The current problem that needs to be solved is the willingness to learn and filter the knowledge gained, including the willingness to learn about investing in crypto, which can change one's economy for the better in the future.
I agree with you on this, but I have a little something to add. The point is if someone is still comfortable with their current mindset, of course it will not change their situation and condition in the future. The convenience of technology will mean nothing in the hands of people who are lazy and don't want to develop their skills. Even though in the eyes of other people he looks poor, any motivation will have no effect on people with a lazy learning character.

By trying to survive while continuing to learn, I'm sure it will change everyone's mindset and work pattern. Especially in the midst of progress in crypto investment, of course it opens up new opportunities to get money that is easier. Even with minimal capital, it will increase over time and the learning process.

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August 09, 2023, 05:35:45 PM
 #218

Very lucky for those of you who live in big cities. Because your mindset and environment tend to be more advanced. There's nothing wrong with your choice, what's wrong is when we don't make choices with logical reasons. We all face tough financial choices sometimes, let alone emergencies. when I try to save, there must be a condition where I have to withdraw money from my savings, of course this condition is also faced by many other people.

But I have never regretted my choice, so my mental state remains optimistic and always motivated. On the other hand I am grateful to have good friends, who are willing to help when I need help. The point is don't blame yourself too much. Think positively by increasing your skills little by little and be patient, effort will not harm the results.

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August 09, 2023, 05:48:45 PM
 #219

Not having enough left for investment is not the issue I have with poor people, the poverty have affected the way they reason as well, many poor people believe that rich people aren't really rich, that they are living on loan all their lives and they feed this nonsense to their children too, as they grow up they won't feel the need to break the chain of poverty, there is a community in my country where this happened.

Most poor people have accepted the way they are and there is nothing you can say to them that will make them change, or thrive to change anything, been poor shouldn't affect the way you think, unfortunately, that's not what's happening with many of these people.

Accepting the way you are when it comes to goal means you have no ambition or dreams, I know some of them want a change but they have no means but the majority of them are deluded, their reasoning is wrong.

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August 09, 2023, 07:25:21 PM
 #220

You know, ever wonder why folks end up in financial straits? It's often due to a mindset that resists growth and fails to cast its gaze toward the horizon. Those entrenched in such a mindset are, to put it mildly, playing a dangerous game with their own future. A significant number of them rebuff seismic changes and remain ensnared in the orbit of their existing possessions, content to bask in the glow of what they have.

To metamorphose this mental landscape necessitates, at the very least, an expansive reservoir of knowledge and the pervasive influence of a robust environment. The economically challenged are consistently constricted in their latitude for ventures that bear a financial risk, which explains their inability to concurrently explore a multitude of avenues due to the constraints of their financial context.
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August 09, 2023, 09:40:35 PM
 #221

Other poor people have no desire to advance in life because they believe that they were born poor and will die poor. It means that people's progress depends on what mindset they believe in.

    There are also others like Poor people with and poor mindset that even though you helped them get out of the pit of poverty in their lives, and even gave them a job, in the end, they still return to the mindset of a poor people. These are the lazy people who always want someone to give them help such as giving them money or relief goods.
In my opinion, it is environmental factors that influence a person's mindset. Many people learn from their environment and adopt it as a habit.

The second is access to financial information/education, access to quality books, and again environmental factors that are less supportive for learning (perhaps economic factors, mindset about education, study habits/practical thinking.

There are a lot of factors that would, in my opinion greatly influence a persons mindset and environmental factors is a teeny tiny percentage. Your environment has a way out influencing your behaviors until they become habits. I think someone could also not be influenced by the environment in which he/she resides. Someone could not let the world around him influence and get to him.
While I think environmental and societal issues could greatly impact on someone’s mindset, I also think it’s not a cause for people to remain poor

When you successfully changed a person's orientation, he will change his way of thinking, change his environment and give a new opportunity chances of coming in place, our efforts may be in vain if what we are trying to implement is only pictured by us alone without the person involved seing the same thing we are seing, someone that never see himself becoming rich may never taste riches in his entire life because his mind never conceived such, just a single idea could change the whole world if we could work on it by changing our thinking mentality to focus on the target goal leaving behind the present circumstances that could be discouraging from achieving what we proposed.

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Wimex
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August 09, 2023, 11:35:57 PM
 #222

From my experience, when it comes to encouraging someone to take risks and invest, it is essential to address their concerns respectfully and realistically… What do I mean by that? That instead of simply insisting on the need to invest, I like to offer educational information on how investments work, the associated risks and the possible long-term benefits... because from your point of view, we cannot make a low-income person invest like this in Bitcoin, firstly because surely you do not have a basic financial education that would help that person to function easily and secondly because the resources they may have are quite limited and you can create excuses for not wanting to invest simply because you do not have the capital to do so. Instead of focusing solely on taking risks, we could encourage people to make informed and strategic decisions. This could mean looking for ways to improve your skills, exploring new opportunities, and when you're ready, considering investing as part of your overall financial plan..
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August 10, 2023, 03:22:58 AM
 #223

From my experience, when it comes to encouraging someone to take risks and invest, it is essential to address their concerns respectfully and realistically… What do I mean by that? That instead of simply insisting on the need to invest, I like to offer educational information on how investments work, the associated risks and the possible long-term benefits... because from your point of view, we cannot make a low-income person invest like this in Bitcoin, firstly because surely you do not have a basic financial education that would help that person to function easily and secondly because the resources they may have are quite limited and you can create excuses for not wanting to invest simply because you do not have the capital to do so. Instead of focusing solely on taking risks, we could encourage people to make informed and strategic decisions. This could mean looking for ways to improve your skills, exploring new opportunities, and when you're ready, considering investing as part of your overall financial plan..

Good and valid, you need to provide proper education as not all can afford to let their money, it's a hard earn money, and it's limited in terms of resources, you can't just push them to invest without giving them the potentials.

Though for sure there are many people around who just wanted to bring people to their referrals
and they are not into educating people but more after with what they will get, encouraging people
needs also have supporting knowledge to improve the chances to succeed.
Gallar
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August 10, 2023, 03:54:36 AM
 #224

How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
Giving input to people who are (financially) poor will indeed be a bit complicated and there will be many reasons that will come out of their mouths. Because they feel they have nothing to develop. But I don't blame that, because we don't know in detail how the lives of these poor people are. Then what I know, not all poor people are narrow-minded or difficult to accept advice.

But from my personal experience, if you want to give advice or want to motivate poor people so that their mindset changes, the strategy that I think is quite effective is to take it slowly and be invited directly to the field or given a direct example. Because if you only rely on arguments, the results will give rise to lengthy reasons and in the end these poor people will not get enlightenment. So the solution is to be invited to practice directly. If for example the poor are taught about investing in crypto or bitcoin, show them directly how to buy it, and sell it or get a profit. Because if given an understanding like complicated things at the beginning, usually most of them will immediately refuse.
Then if taught about doing business, teach the poor directly and set an example by direct practice. But just give a small example, don't go big right away, the most important thing is that there is an illustration for these poor people.
So that is the strategy that I will run for the poor, which is rather difficult to give input.

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uswa56
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August 10, 2023, 06:36:00 AM
 #225

From my experience, when it comes to encouraging someone to take risks and invest, it is essential to address their concerns respectfully and realistically… What do I mean by that? That instead of simply insisting on the need to invest, I like to offer educational information on how investments work, the associated risks and the possible long-term benefits... because from your point of view, we cannot make a low-income person invest like this in Bitcoin, firstly because surely you do not have a basic financial education that would help that person to function easily and secondly because the resources they may have are quite limited and you can create excuses for not wanting to invest simply because you do not have the capital to do so. Instead of focusing solely on taking risks, we could encourage people to make informed and strategic decisions. This could mean looking for ways to improve your skills, exploring new opportunities, and when you're ready, considering investing as part of your overall financial plan..

Good and valid, you need to provide proper education as not all can afford to let their money, it's a hard earn money, and it's limited in terms of resources, you can't just push them to invest without giving them the potentials.

Though for sure there are many people around who just wanted to bring people to their referrals
and they are not into educating people but more after with what they will get, encouraging people
needs also have supporting knowledge to improve the chances to succeed.
And that must also be done early on to form a mindset to be successful, I do not deny that currently many people are poor or not successful because their mentality and mindset are not formed early on, the influence of minimal and environmental knowledge is very large. if anyone encourages someone early on for future success i think we can overcome that.
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August 10, 2023, 07:03:23 AM
 #226


How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.
What should they invest while to finance their daily needs they have to bear the burden of debt, poor people only think about how their family can eat three times a day. In this context, it is not that they do not want to get out of the poverty line in order to live an established life with sufficient resources, the problem is that they do not have financial support to change their lives to support their income.

Need support for poor people to do something that can improve their economy, what they have to do when choosing capital is not investing but building their own businesses in order to achieve a better life. Investments can be made when they already have savings that are not used for other needs, taking risks as a way to support the economy, but they must also have the knowledge to do so.

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August 10, 2023, 08:31:49 AM
 #227

From my experience, when it comes to encouraging someone to take risks and invest, it is essential to address their concerns respectfully and realistically… What do I mean by that? That instead of simply insisting on the need to invest, I like to offer educational information on how investments work, the associated risks and the possible long-term benefits... because from your point of view, we cannot make a low-income person invest like this in Bitcoin, firstly because surely you do not have a basic financial education that would help that person to function easily and secondly because the resources they may have are quite limited and you can create excuses for not wanting to invest simply because you do not have the capital to do so. Instead of focusing solely on taking risks, we could encourage people to make informed and strategic decisions. This could mean looking for ways to improve your skills, exploring new opportunities, and when you're ready, considering investing as part of your overall financial plan..

Good and valid, you need to provide proper education as not all can afford to let their money, it's a hard earn money, and it's limited in terms of resources, you can't just push them to invest without giving them the potentials.

Though for sure there are many people around who just wanted to bring people to their referrals
and they are not into educating people but more after with what they will get, encouraging people
needs also have supporting knowledge to improve the chances to succeed.
And that must also be done early on to form a mindset to be successful, I do not deny that currently many people are poor or not successful because their mentality and mindset are not formed early on, the influence of minimal and environmental knowledge is very large. if anyone encourages someone early on for future success i think we can overcome that.
The mindset is formed because it sees the situation and conditions so I think it is not a desire because those who are born from poor families must want a difference in their lives but because environmental factors and the conditions of themselves and their families are not going well, accepting and having a narrower mindset will definitely exist.
Not to say that such things cannot be changed but only 1 in xxx people can change that even with a good mindset but when opportunities are difficult to get it will not give any form in the end.
There are several things that need to be in place and prepared apart from the mindset as planning, socializing and even networking for opportunities end up being other factors that are difficult to prepare for. 
 

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August 10, 2023, 09:43:53 AM
 #228

And that must also be done early on to form a mindset to be successful, I do not deny that currently many people are poor or not successful because their mentality and mindset are not formed early on, the influence of minimal and environmental knowledge is very large. if anyone encourages someone early on for future success i think we can overcome that.

Forming the mindset of humans or everyone from an early age is very important and this can be started from childhood by trying to teach our own children at home and the rest at school. Because those who are still children will find it easier to educate and form a more mature mindset gradually through their lives, because success is the end result desired by many people even though not everyone takes the same path.

Especially if the level of success is also not measured through just one path, but there are many paths that must be seen for this because everyone's success also occurs in very different fields even though if we look at it from a business perspective, everything is almost very similar. So all of this must start in our respective families in creating this.

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bitLeap
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August 10, 2023, 10:55:03 AM
 #229

And that must also be done early on to form a mindset to be successful, I do not deny that currently many people are poor or not successful because their mentality and mindset are not formed early on, the influence of minimal and environmental knowledge is very large. if anyone encourages someone early on for future success i think we can overcome that.

Forming the mindset of humans or everyone from an early age is very important and this can be started from childhood by trying to teach our own children at home and the rest at school. Because those who are still children will find it easier to educate and form a more mature mindset gradually through their lives, because success is the end result desired by many people even though not everyone takes the same path.

Especially if the level of success is also not measured through just one path, but there are many paths that must be seen for this because everyone's success also occurs in very different fields even though if we look at it from a business perspective, everything is almost very similar. So all of this must start in our respective families in creating this.
Yes, success cannot be achieved in just one way, but there are many ways to achieve success, especially since everyone must have their own definition and measure of success.
The mindset must be formed, I agree with that and not only that, but how hard we try to realize it. Are we one of those people who give up easily or continue to try many times and do not despair with all the perceived failures.
I am sure there are many people who are successful but at the beginning they repeatedly failed. But they didn't just give up, they continued to try and learn from their previous failures. 

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August 10, 2023, 03:33:12 PM
 #230

Yes, success cannot be achieved in just one way, but there are many ways to achieve success, especially since everyone must have their own definition and measure of success.
The mindset must be formed, I agree with that and not only that, but how hard we try to realize it. Are we one of those people who give up easily or continue to try many times and do not despair with all the perceived failures.
I am sure there are many people who are successful but at the beginning they repeatedly failed. But they didn't just give up, they continued to try and learn from their previous failures. 
There are indeed many ways for us to achieve success in this life, it will really depend on us how we set the success targets we want to achieve, as you said we need strong effort and determination to achieve success and we must do it with consistent so that we can achieve success. You are right that successful people have experienced failure many times, but they keep learning and correcting their mistakes and keep trying again so they become successful.
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August 10, 2023, 04:00:57 PM
 #231

There are indeed many ways for us to achieve success in this life, it will really depend on us how we set the success targets we want to achieve, as you said we need strong effort and determination to achieve success and we must do it with consistent so that we can achieve success. You are right that successful people have experienced failure many times, but they keep learning and correcting their mistakes and keep trying again so they become successful.

Your perspective on achieving success is absolutely correct. Setting meaningful targets and objectives provides us with a clear sense of purpose and direction. Acknowledging failures as an inherent aspect of the journey to success is equally important. The path to accomplishment is never without obstacles and setbacks and they serve as opportunities for learning and personnel growth.

in summary, the journey to success is defined by continuous efforts, unwavering determination and readiness to confront challenges.









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August 10, 2023, 05:36:06 PM
 #232

I am sure there are many people who are successful but at the beginning they repeatedly failed. But they didn't just give up, they continued to try and learn from their previous failures. 
for people who have a lot of money, maybe this doesn't mean too much because they can start again quickly, they just need additional knowledge and qualified experience.

but for some people who have mediocre capital, even one failure means a lot because they don't know when they will get this opportunity, whether they will have enough capital to start their business again. they must think carefully about the efforts they are engaged in to reach the point of success.

In every step we must pay attention and consider everything as well as the possibilities that occur before deciding to proceed because this will have a serious impact on your future and your business. Because not everyone is able to re-start their business.

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salad daging
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August 10, 2023, 07:05:27 PM
 #233

I am sure there are many people who are successful but at the beginning they repeatedly failed. But they didn't just give up, they continued to try and learn from their previous failures. 
for people who have a lot of money, maybe this doesn't mean too much because they can start again quickly, they just need additional knowledge and qualified experience.

but for some people who have mediocre capital, even one failure means a lot because they don't know when they will get this opportunity, whether they will have enough capital to start their business again. they must think carefully about the efforts they are engaged in to reach the point of success.

In every step we must pay attention and consider everything as well as the possibilities that occur before deciding to proceed because this will have a serious impact on your future and your business. Because not everyone is able to re-start their business.
We assume as middle to lower class because if people have a lot of money, especially inherited from parents to their children, they will find a fast path to success because they already have thick capital in their pockets.

People like us when starting a business and then failing it is a valuable lesson because to start a business again you have to have capital while there is no capital, so that's where you have to think hard and how to carefully start over.

Sure people are not afraid of failure he will try to achieve dreams by going through all of it, because there is no big business without going through complicated problems first.

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August 11, 2023, 08:44:02 AM
 #234

I am sure there are many people who are successful but at the beginning they repeatedly failed. But they didn't just give up, they continued to try and learn from their previous failures. 
for people who have a lot of money, maybe this doesn't mean too much because they can start again quickly, they just need additional knowledge and qualified experience.

but for some people who have mediocre capital, even one failure means a lot because they don't know when they will get this opportunity, whether they will have enough capital to start their business again. they must think carefully about the efforts they are engaged in to reach the point of success.

I think everyone is capable of restarting their business from scratch, but the difference is the level of difficulty, in this case, the money they have. Of course people who have money will find it easier to get back up when they fall, and for people who are not lucky about that, they need to work harder in building their business. Yes, this happens because they have to first collect money to restart their business.

Quote

In every step we must pay attention and consider everything as well as the possibilities that occur before deciding to proceed because this will have a serious impact on your future and your business. Because not everyone is able to re-start their business.
Oh yes, of course, the initial consideration must be carefully thought out, because if something we do without careful consideration and planning from the start, it will be an unwise action at all.


We assume as middle to lower class because if people have a lot of money, especially inherited from parents to their children, they will find a fast path to success because they already have thick capital in their pockets.

People like us when starting a business and then failing it is a valuable lesson because to start a business again you have to have capital while there is no capital, so that's where you have to think hard and how to carefully start over.

Sure people are not afraid of failure he will try to achieve dreams by going through all of it, because there is no big business without going through complicated problems first.

Privilage, is a path that makes it easier for someone to achieve success.
If illustrated, it would be the same thing as 2 people walking in a tall building. 1 person takes the elevator to get to the highest floor (which is then called privilage), while the other person he has to climb one by one the stairs to get to the highest floor.

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August 11, 2023, 09:51:24 AM
 #235

It is normal for poor people to do this, if a day laborer earns three dollars a day and you tell that day laborer about investing in Bitcoin, he will not take your word well because his family depends on his daily income of three dollars. There is no point in explaining Bitcoin investment to a day laborer or a poor person because to him investing is a luxury where he has to work hard to manage his daily food how will he manage so much money to invest. A poor person will benefit a lot if you give him employment but when you ask him to invest in Bitcoin, he will take the investment information badly. Discuss Bitcoin with people who understand the investment and can afford to invest in Bitcoin.

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August 11, 2023, 09:56:58 AM
Merited by uswa56 (1)
 #236

Yes, success cannot be achieved in just one way, but there are many ways to achieve success, especially since everyone must have their own definition and measure of success.
The mindset must be formed, I agree with that and not only that, but how hard we try to realize it. Are we one of those people who give up easily or continue to try many times and do not despair with all the perceived failures.
I am sure there are many people who are successful but at the beginning they repeatedly failed. But they didn't just give up, they continued to try and learn from their previous failures. 
People who don't give up easily or who don't give up easily due to failure are people who are very consistent in achieving their ultimate goals so that they will never get tired before they become truly successful in a business or job. But those kinds of people are not that many anymore because lately I've come across more people who are more prone to complaining before even trying, even a few times.

There are indeed many ways for us to achieve success in this life, it will really depend on us how we set the success targets we want to achieve, as you said we need strong effort and determination to achieve success and we must do it with consistent so that we can achieve success. You are right that successful people have experienced failure many times, but they keep learning and correcting their mistakes and keep trying again so they become successful.
Some people who have been successful also very rarely tell about the failures they have experienced before they were successful, because they don't think failure is the end of everything. They will only give advice on how they can get success by not telling the bitter problems they have faced even when someone asks them they will also tell them. And another fact now is that there are not many people who are able to get up after failing many times in the business they are running and this may also be affected by their level of consistency which is still very lacking.

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August 11, 2023, 11:18:10 AM
 #237

It is normal for poor people to do this, if a day laborer earns three dollars a day and you tell that day laborer about investing in Bitcoin, he will not take your word well because his family depends on his daily income of three dollars. There is no point in explaining Bitcoin investment to a day laborer or a poor person because to him investing is a luxury where he has to work hard to manage his daily food how will he manage so much money to invest. A poor person will benefit a lot if you give him employment but when you ask him to invest in Bitcoin, he will take the investment information badly. Discuss Bitcoin with people who understand the investment and can afford to invest in Bitcoin.
Actually, it all comes back to everyone's mindset, be it the poor or the rich, if he has a vision for the future to be better then he will learn many things and look for profit opportunities, but it's a bit difficult for people who have limitations, even they only think of just survive thinking about food everyday.
I think all that can change and a person can get up if there is a will, many poor people now have limited information and opportunities for the rest they never want to change and rise from their slump.
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August 11, 2023, 11:34:31 AM
 #238

We assume as middle to lower class because if people have a lot of money, especially inherited from parents to their children, they will find a fast path to success because they already have thick capital in their pockets.

People like us when starting a business and then failing it is a valuable lesson because to start a business again you have to have capital while there is no capital, so that's where you have to think hard and how to carefully start over.

"Failure is certain but success is also waiting" and opportunities do not come twice but opportunities will always come to those who are serious. So, people like us must really be able and smart to take advantage of the opportunities that come. If the opportunity doesn't come, then let's create the opportunity ourselves by continuing to increase the effort we do.

Keep up the spirit buddy... Wink Wink Wink

I think everyone is capable of restarting their business from scratch, but the difference is the level of difficulty

yes.. I also really believe that people who are serious will eventually achieve the success they aspire to.

Of course there will always be difficulties and what makes the difference is, if we become entrepreneurs just to survive, then the challenges will be mediocre and the results will be the same. which is different when we have the desire to become successful entrepreneurs, the challenges that come are extraordinarily heavy and the difficulties continue to increase at every stage.

it's the same if you want to live healthy or become an Olympic champion athlete.
if you want to live a healthy life... just do sports by doing gymnastics and jogging. which is different if you want to become an athlete where you have to exercise to continue to train your physique and abilities at any time and attend special education with an increasing level of difficulty at each stage and have to adjust your eating and sleeping patterns so that you can become an athlete to get the opportunity to enter the competition and become a champion. Likewise, if you want to become a successful entrepreneur, you must continue to improve your knowledge and skills so that you can get through difficulties at each stage to get that opportunity.

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August 11, 2023, 04:49:53 PM
 #239

You called them poor and you still criticize them for not investing? I don't know what the word "poor" means in your own perspective but going by general definition of poor, you can not expect such people who hardly feed and shelter for themselves to take a risk in investment. You can not risk like them if you don't earn like them.

In as much as they are being persuaded and convinced to invest,it is meant to be understood that  criticism cannot win them over to do the needful.

The approach to investment on the poor has to be understood as everyone out there falls into different circumstances...it isn't very easy for them to meet up to high standards.
So it is necessary for everyone to deal with issues amicably for a better society.
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August 11, 2023, 05:50:12 PM
 #240

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.
Every person wants to be financially successful in life but not everyone can succeed. The main difference between rich and poor people is that a rich person can take risks when necessary and a poor person does not dare to take risks. But there are lots of rich people who got rich from poor not by inheritance. Generally poor people over-examine anything that distracts from the main point. They think of something as complex rather than simply understanding it. The position of those people is the same when it comes to Bitcoin. But those people later regret. Investment is risky but there can be a positive or negative result that can change a person's situation. So a person should take decision before considering any sector. Especially if one of them wants to escape from poverty.

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August 11, 2023, 06:10:46 PM
 #241


Privilage, is a path that makes it easier for someone to achieve success.
If illustrated, it would be the same thing as 2 people walking in a tall building. 1 person takes the elevator to get to the highest floor (which is then called privilage), while the other person he has to climb one by one the stairs to get to the highest floor.

Excellent example. Your illustration beautifully captures the concept of privilege. The existence of such privileged class does indeed raise concerns for those who diligently strive to raise their societal standing. Nevertheless, it is the responsibility of the governments to enact essential laws and regulations that guarantee every citizen of the country equal opportunities for education and employment, regardless of their racial background, social position or language..









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August 11, 2023, 07:24:26 PM
 #242

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

It's actually quite a rude stance you've taken, claiming that "poor people" don't want to "invest" in bitcoin. First off, the clue is in the name and these people do not have a lot of money going around to start - often barely covering their expenses on a regular basis and potentially going into debt in certain ways. These are the people who can least afford to gamble with their money, which is what you're suggesting with them buying Bitcoin. It is still up for debate whether people are investing or speculating in crypto, but ultimately the only way to profit with crypto is to sell the coins you bought to someone else at a higher price - which may not always happen. It's not like a company share, which still has risk involved, but could possibly pay you out the company profits along the way and if the share price just stood still, you could sell it to someone else and still gain.

R


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August 11, 2023, 07:55:42 PM
 #243

In as much as they are being persuaded and convinced to invest,it is meant to be understood that  criticism cannot win them over to do the needful.

The approach to investment on the poor has to be understood as everyone out there falls into different circumstances...it isn't very easy for them to meet up to high standards.
So it is necessary for everyone to deal with issues amicably for a better society.
I want to encourage them to invest but it's not that easy to do. Words can encourage them but situation divides their decisions and the reality is settling them that they've got other important needs to spend their money on and despite the desire to invest, they just can't.
Putting oneself into the shoe of the real poor, you'll get to understand that they've got bare enough to survive. We can set aside about our will to encourage them into investing because they have to prioritize first the food that they can bring to their table. Someone who's living well can easily say that the poor needs investments to become wealthy but it's not really what it is. The real situation will make you understand that circumstances are there and even if you push them hard to, that's not going to change their situation real quick.

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August 11, 2023, 08:06:11 PM
 #244

Honestly, I have been poor, and I mean like really poor as in I didn't know if I would be able to eat dinner or not that day, and I can tell you that most of it came from sickness. My nation has free healthcare, think about how much medical world costs that if hospital is free, and medicine is free, how could you still go broke if you fall ill? Well every little other thing costs that money, first of all the hospital was free but there were situations where you were charged, its not %100 free, its like %80 free but there are some stuff that are out of coverage, and medicine is the same thing, some drugs are free, but some of them are expensive, but aside from that the time lost when you could have worked and made money spent at hospital means no income, and even constantly going to hospital and coming back is a travel expense when you do it daily, plus all the meals and such you might have to take. Combine all these together, have 3-4 sickness in the family that took time, and suddenly you are quite poor.

Thank good we have been doing fine for a few years now, hence I was able to earn enough, my current job is amazing, my boss is the greatest boss the world has ever seen, he is the greatest human as well, not just like a boss, but also as a person he is the nicest person I have ever had the chance to meet, he is amazing. So we work together, and I have been saving some money, I still have some debt I have to pay, but I am doing better at least.

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August 11, 2023, 08:25:45 PM
 #245

In as much as they are being persuaded and convinced to invest,it is meant to be understood that  criticism cannot win them over to do the needful.

The approach to investment on the poor has to be understood as everyone out there falls into different circumstances...it isn't very easy for them to meet up to high standards.
So it is necessary for everyone to deal with issues amicably for a better society.
I want to encourage them to invest but it's not that easy to do. Words can encourage them but situation divides their decisions and the reality is settling them that they've got other important needs to spend their money on and despite the desire to invest, they just can't.
Putting oneself into the shoe of the real poor, you'll get to understand that they've got bare enough to survive. We can set aside about our will to encourage them into investing because they have to prioritize first the food that they can bring to their table. Someone who's living well can easily say that the poor needs investments to become wealthy but it's not really what it is. The real situation will make you understand that circumstances are there and even if you push them hard to, that's not going to change their situation real quick.
The truth is that poor people are skeptical to every investment that comes their way , especially when trying to explain an investment for them. They are very conscious about risk and so afraid of going into an investment because of the risk.  I don't really blame them because of how they feel about every investment,  the reason for these doubts they have toward every investment is because they just have little money which can only give them food for the day. To them it will be too painful for them to lose the little they have that is why many of them prefer to spend money just to afford food than to take risk which they may end up losing their money at last. This common character of being skeptical in poor people can't be taken off.

R


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