Post
Topic
Board Economics
Re: Savings and Investment, and how it can affect standard of living.
by
DanWalker
on 10/07/2025, 14:37:01 UTC

There are not that many stories of people who managed to achieve success starting from poverty. More often, when you start looking into it, those who like to talk about rising from nothing actually had someone who helped them at the start, either with money, connections, or both. Probably right now it is better to keep money in bitcoin than in a bank deposit, where the profit will barely be enough to cover inflation growth. But bitcoin will not bring you huge profits either, it has become too big for that.

Exactly, people who say they started from zero, without a penny or any help, are just making their story more dramatic and exaggerated. Because in reality, most of the rich people today come from well-off or wealthy families, and receive generous support from their families. There are very few, or perhaps very rare, people who become rich from 0.

If we want to become rich, we need to work hard and have a lot of plans, ideas and strategies...not just rely on investing in bitcoin and thinking it will make us rich. Bitcoin is no longer a get rich quick investment tool, that golden age is over.