Quote from: justdimin on October 09, 2024, 09:14:59 AM

Unfortunately, you are completely right about the newbies. I have seen too many newbies who end up investing into bitcoin without knowing anything, and then go for alts and new tokens and even meme projects trying to make as much as possible, which ended up being a terrible idea and caused a lot of issues as well.

I believe we are going to face a ton of problems with this, and we shouldn't really have anything that hurts you on the long run neither, it has to be something that you have some idea towards, and wouldn't really be a big deal. I understand life isn't fair for poor people but trying to get rich very quickly isn't the way to get out of poverty, no matter how much they try, they will always lose money.

Trying to avoid working hard to get rich, and trying to get rid of all other incomes and just focusing on bitcoin will not get anyone out of poverty I agree with it. Best thing one can do would be just having a job, and then probably even having income from signatures here, and combine those, and put as much as they can into bitcoin, and do this for 10-20-30 years as long as they can. This would be better and we would get greater results, wouldn't really be a trouble for anyone.

I believe you will get rich this way, and I believe we are going to see something getting bigger and better this way as well. Many people would have a great retirement if they could only do this, but many of them fail to do this unfortunately. They look for quick returns, I have seen plenty of people who quit their jobs after they made a bit of money during bull runs and regret during bear runs as well, they are always interested in changing their life right now, but unfortunately that's not how it works.

Hopefully all these people who try to use crypto as a way to get rich, will soon realize they can't get rich quickly, and they may have seen a few examples but in all those cases those people were very lucky.