Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy Buy Buy or Sell Sell Sell?
by
BITCOIN4X
on 06/12/2024, 20:34:02 UTC
⭐ Merited by JayJuanGee (1) ,YOSHIE (1)
~Snip
All what you have explain here is acceptable but I still don't believe that some one who is poor can do well with his Bitcoin investment or hodl for long without selling them off because I don't see how a poor man who bearly feed well can handle Bitcoin investment because he or she will definitely sell off or kick off the game when challenges may accur, like if what I understand by been poor is what you meant, a struggling man can't be able to accumulate Bitcoin and hodl for long because family challenges will be there personal needs will also arise unless such poor person has been making saves for long for his discretionary income and emergency fund and also a strong source of income before he can be able to accumulate Bitcoin and HODL for long.
Many poor people have changed their fate with bitcoin and that is a fact, not just words. Poor here may not be without income, but they are people who have income without more wealth. They set aside their income to invest in their brains to gain knowledge and then skills, this makes them grow and develop until they are able to continuously produce bitcoins through various means.

Getting bitcoins and accumulating them can not only be done by investing, but you can still get them in several ways. You've probably heard of airdrops and bounties, then signature campaign, then various skill contests and others. They can even offer their services to produce bitcoins which are then accumulated into lots. This is the success of a poor man from bitcoin, so it is not solely because he invested money to get it.