Poor people in Bitcoin mentality.

[Ayebabara]

There are people who are not previllege to have money like others but have mindset of going into Bitcoin trading business thinking that it's so easy for them to make money from it because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

[caroasi]

It's hard for me to believe there are poor people in the Bitcoin community because I listed a gig office job here and the lowest offer was $50USD/hour despite the alleged average global wage being $4/hr.

I would very much be interested to know how things are on this forum from someone who earns somewhere around the global average wage of less than $12,000 USD per year.

[IjawMan]

There are people who are not previllege to have money like others but have mindset of going into Bitcoin trading business thinking that it's so easy for them to make money from it because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

What are you saying. No one thinks that way, and it will be respectful you stop ridiculing the poor cause poverty does not equal to absence of wisdom and knowledge. There are fairly rich people who also think that bitcoin trading is a quick way of making more money.

The difference is in who really wants to learn before thinking about earning, cause be that as it may the mentality is what matters as there rich guys with poor thoughts about bitcoin than some poor guys out there.

[kingstep]

It's hard for me to believe there are poor people in the Bitcoin community because I listed a gig office job here and the lowest offer was $50USD/hour despite the alleged average global wage being $4/hr.

What's your definition of poverty and what kind of people falls under what being poor entails? There's no where that you can't find the different class of people ranging from the poor, to the average to the rich. When you bring an offer, people decide to jump at it or not based on the fact that they feel it's okay with them or that it's not.

If someone is not strong financially but knows that he's of a certain value, most wouldn't accept to be paid peanuts because they already know that they are worth more than you're offering them.

[Obari]

There are people who are not previllege to have money like others but have mindset of going into Bitcoin trading business thinking that it's so easy for them to make money from it because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

What are you saying. No one thinks that way, and it will be respectful you stop ridiculing the poor cause poverty does not equal to absence of wisdom and knowledge. There are fairly rich people who also think that bitcoin trading is a quick way of making more money.

The difference is in who really wants to learn before thinking about earning, cause be that as it may the mentality is what matters as there rich guys with poor thoughts about bitcoin than some poor guys out there.

The truth is that, the difference between the poor and the rich is opportunity and it is also worth mentioning that, there are several other ways one can be poor aside financially as one can be poor mentally, emotionally and otherwise but making mockery of them directly or indirectly isn't a nice .
Everyone can invest in bitcoin wether poor or not as what really matters is that, the investors is consistent and has a goal to achieve and by all means try to chase and achieve their goal.

[passwordnow]

because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

They've probably heard the faucets but they're not that much when they use them. There's no such that there's a website that releases money like a loan and there's no paying back. I guess that people's mindset are too severe up to the point that they want to take a loan and doesn't want to pay it back. Bitcoin isn't like that, there's no such as that. And when you take a loan, you have to pay it with interest.

[KingsDen]

There are people who are not previllege to have money like others but have mindset of going into Bitcoin trading business thinking that it's so easy for them to make money from it because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

What you described is not peculiar to only poor people. Making miraculous money through trading is the mindset of every newbie who came to the industry with the mindset of making quick money.
Every newbie will think that trading is their short cut to wealth until reality begins to done on them. So, this is not a matter of a poor man or a rich man. It is almost a universal mentality.

because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

They've probably heard the faucets but they're not that much when they use them. There's no such that there's a website that releases money like a loan and there's no paying back. I guess that people's mindset are too severe up to the point that they want to take a loan and doesn't want to pay it back. Bitcoin isn't like that, there's no such as that. And when you take a loan, you have to pay it with interest.

That is another factor. The faucet story of the early adopters still sinks in the mind of many. Apart from the faucets, the stories of bounty and airdrop still resonance in the mind of many, thereby thinking that here, manners fall from above.

[Samlucky O]

There are people who are not previllege to have money like others but have mindset of going into Bitcoin trading business thinking that it's so easy for them to make money from it because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

Anyone thinking such is making a huge mistake, it could be as a result of misinformation or lack of doing proper research. Of course everyone in this space knows that Bitcoin is not a Ponzi scheme or a get rich quick scheme where you put money now and get big in return too quickly. It definitely takes time. It requires patient and resilient and upon all, having the mindset of investing for long and not thinking of profit quick. But aside that, another thing is to invest with what you can afford to lose.

[programmer3666]

The problem there is not even about being poor, but like having the wrong understanding of Bitcoin itself. Some people just hear motivational stories of people becoming rich from Bitcoin and assume it is free money or some kind of online bank that gives out money easily. They fail to come to the reality that Bitcoin is not a get rich quick scheme. Whether you are rich or poor, you still need to learn, be patient and understand the risks involved. Many people enter Bitcoin trading without knowledge and end up losing money because they expect instant profits from it.

[Y3shot]

There are people who are not previllege to have money like others but have mindset of going into Bitcoin trading business thinking that it's so easy for them to make money from it because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

What are you saying. No one thinks that way, and it will be respectful you stop ridiculing the poor cause poverty does not equal to absence of wisdom and knowledge. There are fairly rich people who also think that bitcoin trading is a quick way of making more money.

The difference is in who really wants to learn before thinking about earning, cause be that as it may the mentality is what matters as there rich guys with poor thoughts about bitcoin than some poor guys out there.

For those who are of a better financial state, it is possible for them to have that mindset of get quick rich in bitcoin but they are not as desperate of those who are not financially buoyant because they see it as a strategy of getting money just too fast. Their is this mentality of making money so quick when you dont have a good source of income, this mentality is quite different with most people who are doing well financially.  Most poor people are too quick to accept their mindset, to try what the outcome would be like.

[Mhizlove]

There are people who are not previllege to have money like others but have mindset of going into Bitcoin trading business thinking that it's so easy for them to make money from it because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

I will say that one of the biggest problem here is misinformation, because when most people hear about crypto or trading, Blockchain and they will assume that it's easy way to make money. They do not realise that both trading and investing requires patience, proper risk management and learning. The truth is that bitcoin isn't a free money machine, and if someone goes I to it without understanding how it works such person can end up losing money rather than solving it's financial issues or problems.so knowledge is supposed to be the first thing that comes before even thinking about profit.

[Lida93]

There are people who are not previllege to have money like others but have mindset of going into Bitcoin trading business thinking that it's so easy for them to make money from it because they hear of the term blockchain which makes them think that there is where the online bank releases money to people on a free website like loan app without pay back.

Anyone thinking such is making a huge mistake, it could be as a result of misinformation or lack of doing proper research. Of course everyone in this space knows that Bitcoin is not a Ponzi scheme or a get rich quick scheme where you put money now and get big in return too quickly. It definitely takes time. It requires patient and resilient and upon all, having the mindset of investing for long and not thinking of profit quick. But aside that, another thing is to invest with what you can afford to lose.

Yes, misinformation is one of the chronic disease many newbies are suffering from about bitcoin when they first do know about it, the moment you hear anyone talk of bitcoin as a means to getting rich fast, you just know he's talking from the angle of misinformation. But see the other problem the maintains this ignorance, "laziness and dieing hunger for research learning". When you're lazy to find the truth and confirm for yourself what you're told, you would be comfortable in ignorance and can be child's played by crypto scammers.