Post
Topic
Board Economics
Re: Does money make you rich?
by
Swanh
on 15/07/2018, 13:53:20 UTC
To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money

For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.
If you are really determined to work hard then obviously you can be financially successful through cryptocurrency. So it is not true that cryptocurrency will make you rich in a day,you have to invest your time on proper things and very calculative to achieve that position.Also you have  to be very lucky to billionaire with the help of cryptocurrencies.