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Author Topic: The poor people with their reasoning  (Read 1915 times)
carlfebz2
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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.

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.

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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Cling18
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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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