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Author Topic: Why I love crypto ?  (Read 1356 times)
Bitcoin_people
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Today at 04:10:31 AM
 #141

It's clear that everyone has different thoughts. This also means that sometimes some like crypto and others like Bitcoin. But I think this is part of people's priorities. It's impossible to force someone who likes Bitcoin to be the same as us who prefer crypto. Ultimately everyone has their own principles in determining their direction or goals. Part of forcing ultimately won't determine the direction desired by certain parties. So it's better for each person to determine their own direction so that no one is disappointed when something doesn't match their expectations as planned.
That is why people do differs, what might seem easy for you, might not be for another person, that is why people do have their dislikes and likes and despite Bitcoin being a volatile assets, it doesn't mean that there will no one investing in it, not because they are not humans and don't have emotional issues. But, they have teach their emotions to always stay in check and be ready to anything from the market and this is because they trust Bitcoin and the benefits it renders to people.

However, people mainly use Bitcoin for its advantages, especially privacy and fast transactions in transactions. Currently, the digital currency Bitcoin is the most popular currency where every investor controls their emotions and invests in Bitcoin with patience. Moreover, those who plan to invest for a long time are always patient and do not lose hope even due to market volatility. Those who invest in Bitcoin are also people, those who do not are also people, the only difference between them is knowledge, experience and skill and self-control. However, those who invest in Bitcoin keep it for a long time to earn profit from it, besides there are many who use it in transactions in different places with Bitcoin. Bitcoin is an independent currency where everyone can invest and if they can control their emotions, it is ready to give high returns in the future.

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Today at 09:07:47 AM
 #142

I won't say cryptos is meant to help the poor but it can support them somehow. Cryptos can majorly be a favourite investment option for middle-class families who can afford to spare some change. For poor people, they usually do not have any spare and all they do is work today to eat tomorrow. These people do not really care about cryptos or any other asset for say. All they want is better job opportunities today so they can support their family. Also let's not forget digital literacy. Not every poor has the available resources to hunt online about cryptos.

As we advance with technology, more and more people are getting acquainted to the online world. Middle-class has already penetrated the online world and now is the time for lower class to start exploring these cutting edge technologies.

Satoshi created Bitcoin to be a p2p currency. But over time, Bitcoin has evolved in a different direction. People came to see it as an investment asset and at the same time, altcoin emerged. But most of them were created to enrich their developer, and the market became flooded with rug pull projects.

It can be said that crypto was not created for the poor, nor is it intended to support them in any way. It was created to provide an open financial system where anyone can freely participate if they wish


Anyone with money and an interest in investing can participate. The only difference is that, unlike other market, crypto does not require a minimum investment. That makes it much easier for more people to enter the market.

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Today at 03:13:13 PM
 #143

However, people mainly use Bitcoin for its advantages, especially privacy and fast transactions in transactions. Currently, the digital currency Bitcoin is the most popular currency where every investor controls their emotions and invests in Bitcoin with patience. Moreover, those who plan to invest for a long time are always patient and do not lose hope even due to market volatility. Those who invest in Bitcoin are also people, those who do not are also people, the only difference between them is knowledge, experience and skill and self-control. However, those who invest in Bitcoin keep it for a long time to earn profit from it, besides there are many who use it in transactions in different places with Bitcoin. Bitcoin is an independent currency where everyone can invest and if they can control their emotions, it is ready to give high returns in the future.
You are right, people invest in Bitcoin for reasons best know to them and of course, most people invest in Bitcoin because of its benefits which gives one the freedom to their funds, as no one can be in control of it. And its essential for one to invest in it with the right mindset, as it takes one with the right mindset to do the right thing that is required for them to succeed and profit from their investment, as there are some who invest in it but have no knowledge about them and this makes them not to know how to manage the risk involved.

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Today at 04:21:42 PM
 #144

I won't say cryptos is meant to help the poor but it can support them somehow. Cryptos can majorly be a favourite investment option for middle-class families who can afford to spare some change. For poor people, they usually do not have any spare and all they do is work today to eat tomorrow. These people do not really care about cryptos or any other asset for say. All they want is better job opportunities today so they can support their family. Also let's not forget digital literacy. Not every poor has the available resources to hunt online about cryptos.

As we advance with technology, more and more people are getting acquainted to the online world. Middle-class has already penetrated the online world and now is the time for lower class to start exploring these cutting edge technologies.

I totally agree with you that crypto is not for the poor, there is no very logical reason for that, crypto is a technological advancement for alternative transactions, bookkeeping and also and the efficiency of digital space, I also don't think whether it is for the middle class or not, I consider that crypto is for anyone who can access it, including investing, trading, or anything else there is no economic class discrimination here.

The poor class can enter if they have resources ranging from knowledge, devices and others to seek greater hope that they can use to find a better living space, but I think more of them are still thinking about how to eat tomorrow.

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