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#26 2023-06-29 20:28:06

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,655

Re: What roles does the poor play in the Cryptocurrecy market?

Detroit;16576 wrote:

Elon Musk's tweets have had a big impact on the cryptocurrency market. When Musk tweets about a cryptocurrency, the value of that cryptocurrency is prone to change.

Musk with a benefiting position to makes a shout out or lay some excessive values of crypto can actually help boost the market value of crypto.

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#27 2023-06-29 20:52:50

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,071

Re: What roles does the poor play in the Cryptocurrecy market?

I think this should be about what role does  small scale or large coin investment play in cryptocurrency because most of the poor that invest in crypto keep it long term or get their desired profit while others always look up to the coin currently doing well

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#28 2023-06-29 21:50:22

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,625

Re: What roles does the poor play in the Cryptocurrecy market?

Musk as an influencer for the crypto currency world was a good move, these actually have prompt investors to invest in crypto while expanding them to embrace a digital features and commoditie.

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#29 2023-06-29 21:53:35

KingCRP
Member
Registered: 2023-01-06
Posts: 1,054

Re: What roles does the poor play in the Cryptocurrecy market?

Comrade;16623 wrote:

Musk as an influencer for the crypto currency world was a good move, these actually have prompt investors to invest in crypto while expanding them to embrace a digital features and commoditie.

Musk would go down in history as one of the most influential person in cryptocurrency History what he did with doge coin may never be repeated again I have a strong believe about that.

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#30 2023-06-29 22:16:57

PEACEMAKER
Member
Registered: 2023-01-27
Posts: 412

Re: What roles does the poor play in the Cryptocurrecy market?

KingCRP;16625 wrote:

Musk would go down in history as one of the most influential person in cryptocurrency History what he did with doge coin may never be repeated again I have a strong believe about that.

Never say never in the crypto space, there are lots of influencial people who can impact the crypto market through their social media influence. I would not be surprised if someone tries to replicate what Elon Musk did.

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#31 2023-06-30 17:20:12

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: What roles does the poor play in the Cryptocurrecy market?

Comrade;16623 wrote:

Musk as an influencer for the crypto currency world was a good move, these actually have prompt investors to invest in crypto while expanding them to embrace a digital features and commoditie.

I don’t take Elon Musk to be an influencer for crypto, Elon Musk is all about the money and how much he can make for himself, he will only be an influencer for a project that he has bought and he will like to use manipulation to make the price of that crypto to grow and that is not the right way for a coin to gain value.

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#32 2023-06-30 18:30:13

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,625

Re: What roles does the poor play in the Cryptocurrecy market?

Camavinga;16778 wrote:
Comrade;16623 wrote:

Musk as an influencer for the crypto currency world was a good move, these actually have prompt investors to invest in crypto while expanding them to embrace a digital features and commoditie.

I don’t take Elon Musk to be an influencer for crypto, Elon Musk is all about the money and how much he can make for himself, he will only be an influencer for a project that he has bought and he will like to use manipulation to make the price of that crypto to grow and that is not the right way for a coin to gain value.

Its quite understandable that Musk is an imvestor and a national  world recognized business owner. Who will want to invest in what won't be profitable?

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#33 2023-06-30 19:34:09

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,361

Re: What roles does the poor play in the Cryptocurrecy market?

Although Musk's interest in Ethereum and Bitcoin is valid due to the cryptos' influence and feasibility in the DeFi space, his Dogecoin. Elon Musk Says He Is Buying the Crypto Dip.

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#34 2023-06-30 19:54:47

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,071

Re: What roles does the poor play in the Cryptocurrecy market?

Camavinga;16778 wrote:
Comrade;16623 wrote:

Musk as an influencer for the crypto currency world was a good move, these actually have prompt investors to invest in crypto while expanding them to embrace a digital features and commoditie.

I don’t take Elon Musk to be an influencer for crypto, Elon Musk is all about the money and how much he can make for himself, he will only be an influencer for a project that he has bought and he will like to use manipulation to make the price of that crypto to grow and that is not the right way for a coin to gain value.

One thing anyone should understand is that the rich always want more, to invest more, to acquire more till they can stay without working and still be earning a lot of money. They carefully analyze an investment before putting in their money. So it’s left for us to understand that a big name is using an investment doesn’t make it the best

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#35 2023-06-30 21:12:50

Europ
Member
Registered: 2023-05-23
Posts: 1,440

Re: What roles does the poor play in the Cryptocurrecy market?

JONSNOWING;16824 wrote:
Camavinga;16778 wrote:
Comrade;16623 wrote:

Musk as an influencer for the crypto currency world was a good move, these actually have prompt investors to invest in crypto while expanding them to embrace a digital features and commoditie.

I don’t take Elon Musk to be an influencer for crypto, Elon Musk is all about the money and how much he can make for himself, he will only be an influencer for a project that he has bought and he will like to use manipulation to make the price of that crypto to grow and that is not the right way for a coin to gain value.

One thing anyone should understand is that the rich always want more, to invest more, to acquire more till they can stay without working and still be earning a lot of money. They carefully analyze an investment before putting in their money. So it’s left for us to understand that a big name is using an investment doesn’t make it the best

The Rich always have money and uses the money to find money but the poor lack enough capitals so they are mostly cautious and mostly greedy to earn big as fast as possible before the hungers and bills comes in.

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#36 2023-07-01 18:00:26

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: What roles does the poor play in the Cryptocurrecy market?

CrytoCynthia;16803 wrote:

Although Musk's interest in Ethereum and Bitcoin is valid due to the cryptos' influence and feasibility in the DeFi space, his Dogecoin. Elon Musk Says He Is Buying the Crypto Dip.

I will tell you something, and it is that you should not believe everything that Elon musk says, i don’t believe that he has any business in bitcoin or in ethereum, Elon musk has interest in smaller cryptocurrencies that he can manipulate when he wants and make money for himself.

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#37 2023-07-01 19:23:22

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,071

Re: What roles does the poor play in the Cryptocurrecy market?

Europ;16851 wrote:
JONSNOWING;16824 wrote:
Camavinga;16778 wrote:

I don’t take Elon Musk to be an influencer for crypto, Elon Musk is all about the money and how much he can make for himself, he will only be an influencer for a project that he has bought and he will like to use manipulation to make the price of that crypto to grow and that is not the right way for a coin to gain value.

One thing anyone should understand is that the rich always want more, to invest more, to acquire more till they can stay without working and still be earning a lot of money. They carefully analyze an investment before putting in their money. So it’s left for us to understand that a big name is using an investment doesn’t make it the best

The Rich always have money and uses the money to find money but the poor lack enough capitals so they are mostly cautious and mostly greedy to earn big as fast as possible before the hungers and bills comes in.

I have seen most poor people elevate themselves from such mentality and are doing well for themselves, it’s a thing of the mind. Once you accept mentally to be poor and nothing can be done about it, that’s it. The person then wants what the rich have all at once forgetting one right step at a time and greed sets in including all this cryptocurrency scams we see today

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#38 2023-07-01 20:15:49

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,361

Re: What roles does the poor play in the Cryptocurrecy market?

The simple fact is that the rich have a wealth consciousness that creates abundance and prosperity in their lives. Whereas the poor have a money lack and the boldness to venture into any investment.

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#39 2023-07-01 20:17:18

Detroit
Member
Registered: 2022-12-27
Posts: 1,444

Re: What roles does the poor play in the Cryptocurrecy market?

The poor tend to think that the reason they are poor is because they aren't rich. It sounds ludicrous when you read that sentence but that is exactly how many of them think.

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#40 2023-07-01 20:18:34

Lanistergame2
Member
Registered: 2022-12-25
Posts: 1,605

Re: What roles does the poor play in the Cryptocurrecy market?

JONSNOWING;16996 wrote:

I have seen most poor people elevate themselves from such mentality and are doing well for themselves, it’s a thing of the mind. Once you accept mentally to be poor and nothing can be done about it, that’s it. The person then wants what the rich have all at once forgetting one right step at a time and greed sets in including all this cryptocurrency scams we see today

This is very correct. The mindset is the major point where wealth is determined and not the person's current state. You can have people who are poor change their situation within a very short space of time and those who are rich lose their wealth within a short space of time too, due to different mindsets.

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#41 2023-07-01 21:35:19

gap
Member
Registered: 2023-06-14
Posts: 1,175

Re: What roles does the poor play in the Cryptocurrecy market?

Getting rich is actually like a brick of mindset that is needed to be build. With these 3 things; determination, consistency and discipline. Most poor people are lazy to set there mind off- on seeing that the little they have is what is actually needed to get started to build wealth. Instead they are busy looking at their needs comparing that to the little they have.

Last edited by gap (2023-07-01 21:37:58)

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#42 2023-07-01 21:52:35

Europ
Member
Registered: 2023-05-23
Posts: 1,440

Re: What roles does the poor play in the Cryptocurrecy market?

gap;17103 wrote:

Getting rich is actually like a brick of mindset that is needed to be build. With these 3 things; determination, consistency and discipline. Most poor people are lazy to set there mind off- on seeing that the little they have is what is actually needed to get started to build wealth. Instead they are busy looking at their needs comparing that to the little they have.

I will so much agree to this. Some are more focus on getting a large amount to build a large plan when they have already failed in using little to build something more profitable.

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#43 2023-07-02 08:59:00

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,625

Re: What roles does the poor play in the Cryptocurrecy market?

Europ;17113 wrote:
gap;17103 wrote:

Getting rich is actually like a brick of mindset that is needed to be build. With these 3 things; determination, consistency and discipline. Most poor people are lazy to set there mind off- on seeing that the little they have is what is actually needed to get started to build wealth. Instead they are busy looking at their needs comparing that to the little they have.

I will so much agree to this. Some are more focus on getting a large amount to build a large plan when they have already failed in using little to build something more profitable.

Building of wealth always comes with a statics of continuous uses of smaller pieces of tools to accomplish a remarkable outcome.

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#44 2023-07-02 18:32:01

Camavinga
Member
Registered: 2023-01-06
Posts: 836

Re: What roles does the poor play in the Cryptocurrecy market?

Detroit;17048 wrote:

The poor tend to think that the reason they are poor is because they aren't rich. It sounds ludicrous when you read that sentence but that is exactly how many of them think.

Your post has humor in it, but even in the midst of the humor i understand what you are saying very clearly, though it is not the case for every person that is poor, there are people who are poor but they are also very hardworking, they are just unlucky that they have not been able to make money.

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#45 2023-07-02 19:43:22

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,361

Re: What roles does the poor play in the Cryptocurrecy market?

Camavinga;17215 wrote:

<div class="quotebox"><cite>Detroit;17048 wrote:</cite><blockquote><div><p>The poor tend to think that the reason they are poor is because they aren&#039;t rich. It sounds ludicrous when you read that sentence but that is exactly how many of them think.</p></div></blockquote></div><p>Your post has humor in it, but even in the midst of the humor i understand what you are saying very clearly, though it is not the case for every person that is poor, there are people who are poor but they are also very hardworking, they are just unlucky that they have not been able to make money.</p>

Absolutely, bro, some are just unlucky to find themselves in that ugly situation. They must have given it their all and still could not remove themselves from poverty.

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#46 2023-07-02 19:49:51

JONSNOWING
Member
Registered: 2023-01-06
Posts: 1,071

Re: What roles does the poor play in the Cryptocurrecy market?

CrytoCynthia;17246 wrote:
Camavinga;17215 wrote:

<div class="quotebox"><cite>Detroit;17048 wrote:</cite><blockquote><div><p>The poor tend to think that the reason they are poor is because they aren&#039;t rich. It sounds ludicrous when you read that sentence but that is exactly how many of them think.</p></div></blockquote></div><p>Your post has humor in it, but even in the midst of the humor i understand what you are saying very clearly, though it is not the case for every person that is poor, there are people who are poor but they are also very hardworking, they are just unlucky that they have not been able to make money.</p>

Absolutely, bro, some are just unlucky to find themselves in that ugly situation. They must have given it their all and still could not remove themselves from poverty.

I doubt if the idea of poverty is same as the one we are relating to here, because I think it’s impossible for the poor to be involved in Cryptocurrency, unless it’s the average ones who do their best to invest a little and can feed themselves to some extent and have shelter

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#47 2023-07-02 20:57:20

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,361

Re: What roles does the poor play in the Cryptocurrecy market?

This reality stunts economic growth and exacerbates poverty. Free from conventional banking constraints, Bitcoin offers a promising solution.

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#48 2023-07-02 23:17:51

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,655

Re: What roles does the poor play in the Cryptocurrecy market?

Poverty is a choice that can't be made verbally but with decision making. Users who are ready to solve the States of being poor who need to be ready to go into something safe, profitable and guaranteed. The Utopia p2p ecosystem are always open to build people up but not to restrict invoking knowledge in new users.

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#49 2023-07-03 16:17:00

Lanistergame2
Member
Registered: 2022-12-25
Posts: 1,605

Re: What roles does the poor play in the Cryptocurrecy market?

crpuusd;17408 wrote:

Poverty is a choice that can't be made verbally but with decision making. Users who are ready to solve the States of being poor who need to be ready to go into something safe, profitable and guaranteed. The Utopia p2p ecosystem are always open to build people up but not to restrict invoking knowledge in new users.

It is a mindset but our environment plays a huge role on how much opportunities we can aim for and the possibilities that we can create. It is easy to be successful in an enabling environment and more difficult in one that is not so enabling.
Utopia is an opportunity that everyone can access.

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#50 2023-07-03 21:38:29

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,361

Re: What roles does the poor play in the Cryptocurrecy market?

From incentivizing conservation and funding philanthropic causes to enabling greater transparency through blockchain.

A common desire of every worker or employee is to work in an enabling environment; one that allows him or her to thrive in relevant aspects.

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