Quote from: Y3shot on Today at 09:12:05 AM

Quote from: Btcdeybodi on February 24, 2025, 07:02:18 PM

Quote from: Stepstowealth on January 23, 2025, 07:36:02 PM

Some people have been introduced to opportunities like investing in bitcoins that they failed to pursue hence their poverty.

Introducing someone to bitcoin does not mean that it is an easy way to escape poverty. Mind you, Bitcoin investment is not a get quick rich scheme where you invest with the idea that it will start generating returns very fast, it takes time and it is not even advisable to advice someone who is struggling to make money to meet their daily needs to invest in bitcoin when they don't have a solid source of income to be supporting their investment with. If you introduce bitcoin to anyone don't think that they need to start investing immediately.

Introducing some one to a job that their is an allowance that will be paid is not even a guarantee for one to escape poverty if the person is unable to manage the money the well, the person will still be struggling with poverty, then talk more of bitcoin. Bitcoin does not free people from poverty, people who have nothing doing. You must have a job first and you must be a good in managing money , when bitcoin is introduced to people like this they can make use of the opportunity.

Exactly, cashflow management is key for any amount of money to be properly utilized. No matter how much a person earns, if the person isn't able to spread the funds across necessities and still have a way of keeping aside some of the money for later concerns, the person would squander the money and still complain it's not enough.

I've had someone that earned quite a lot compared to me, but he's fond of purchasing unnecessary items to satisfy his lavish lifestyle and end up complaining he's pay isn't enough for him which for me confused since I earn much lesser and I'm fine with my earnings. It's obvious my superior lacks accurate cashflow management and needs to curtail his excesses before he can make do with what he earns.