The poor people with their reasoning

[Cryptock]

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.

[1714596964]

1714596964

[1714596964]

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[lixer]

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.

[Inwestour]

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.

[capedbaldy]

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.

[S A KHAIR]

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.

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.

[Theones]

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.

[Jody.Drummer]

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.

[Mr.right85]

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.

[TimeTeller]

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]

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.

[Iroh]

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.

[Renampun]

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.

[Smartprofit]

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.

[bitzizzix]

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.

[Vaskiy]

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.

[serveria.com]

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.

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... 

[uneng]

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.

[Poker Player]

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.

[inthelongrun]

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.

[Marcellin9]

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 !!