The poor people with their reasoning

[JoyMarsha]

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.

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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[LoyceMobile]

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.

[hyudien]

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.

~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

[Sterbens]

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.

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.

[Merit.s]

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

[buwaytress]

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?

[mk4]

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.

[Oceat]

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."

[Nhazwrath]

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.  

[bittraffic]

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.

[Fiatless]

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.

[maydna]

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.

[Mauser]

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.

[Theones]

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.

[so98nn]

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.

[Majestic-milf]

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.
 
 

[Eternad]

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.

[Zaguru12]

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

[tjtonmoy]

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.

[vv181]

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.