there are various levels of poor people, but yeah, there can be poor people with very little discretionary income and they would be less poor than the guy who has absolutely no discretionary income and is struggling in other ways with basics of life such as food and shelter... .. and we do likely know that there are a quite a few people who are not able to save and/or invest.. so yeah, if they cannot somehow increase their income, then they would not be in a position to buy bitcoin.
True. They might have the intention but the truth remains that the financial status of any individual often is a limitation to there proposed investment plans. The reason why many fail in bitcoin market is simply because they neglect this factor and think of bitcoin as a get rich scheme with a wrong orientation from ignorant individuals. So they invest everything hoping to for max return within the shortest possible time and the reverse be the case they get pissed up and regret. Because they weren’t really about investing but to improve there standard of living which isn’t the right state.
Investing is discipline which is fuel with finances, that ain’t gonna burn you but keeep you on track according to your plan. Till we grasp this we keep getting confuse and also fail to meet up targets. Invest within your means with a hunger to invest more, always value
reinvesting not just having your return.
I agree with your saying but can't give it above 50% no matter a state of being of an individual who have the mind set if investment he/she can invest and still hold, investment is of different stages just as business capital can be you can start small and make it greater at the end , a sound minded person in the area of investment can achieve it, the problem of many who claim they are poor is poor mentality of exaggerating that every thing required high capital, you can be an investor who is not financially solvent but you can afford $20 for instance convinently, you don't see it as small investment because that is your level, as much is not given you problem when you invest it you can carry out your daily responsibilities and Carter for emergency if it occur without touching the investment. The problem of many is poor planning and always seeing investment to be if great thing that require huge capital, that leads them invest all they have and begin to face different challenges that they can't hold any longer, naturally apart from investment of crypto in our demos tic market some started small but they now a big shop owner, but some procastinate by overseen investment as huge thing that require greater capital and judge themselves with the financial status, till now they remain in that level without difference but the person who is good in planing in the same level with them before have move to another level of financial breakthrough by investing small and grow it. conclusively right thinking investor can still survive long term with poverty condition not disrupting the investment.