Post
Topic
Board Economics
Re: People are not motivated by money.
by
tee-rex
on 03/10/2018, 15:10:02 UTC
everyone will be motivated by people, everyone has the right to have a lot of money, I will try to get as much money as I can, I make money only in the bitcoin forum
I think people are very much motivated by money and this is the reason so many of them invest in cryptocurrency to make big money in small time. This thirst for money has actually led people do many illegal activities as well which amounts to billions of dollars. Investment in Bitcoin is also a potential way to earn big money. So more and more people come up with their master plans and end up making as many shots as possible for ultimately this meets the assumption of monotonicity.

I agree with what you say. At present we're all to be in modern civilization, anything that's modern is usually more related to money, you may understand that what we do everything isn't free, for example when you enter a vehicle, go to the toilet for something or else except what we have.

For every investor, surely all of them expect that the investment will provide benefits in the future and can bring it to the future which is brighter for their children and grandchildren. If they, are not motivated by money there's no way they will be willing to go to great lengths to fight for the spirit of the HODL in themselves.
It is totally wrong. For instance if I tell somebody to invest in cryptocurrency, his first question will be why should I invest in cryptocurrency. What the benefit of cryptocurrency investment. If I tell him that it is the future currency and you can use it anywhere in the world, believe me he will not be interested, but if I explain him that he can make huge profits he will take interest.

Well, if you ask a random dude on the street who doesn't have a slightest clue what investing is all about, you may in fact receive such an answer. But if you ask somebody who doesn't just know about investing but actually tried it out and successfully at that, he will ask you how much he could earn by this investment as it is clear what investments are for - for earning money and making profits. And making profits goes hand in hand with expansion in application in the real world simply because profits have to come from something real, they are not popping up out of nowhere.