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Cryptocurrency doesn't have fixed amount to deposit. Unemployed person makes some money, with small amount invested during bearish run, their is plenty chances of success when the coins improves.
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Yes, lots of persons on the digital ecosystem have driven out of poverty via Cryptocurrency involvement. Those who saved BTC for long when it was nothing gained such status.There is potentially a lot of money that can be made through cryptocurrency trading and I such a lot of people can use it to get themselves out of poverty.
Do you really think that investing in crypto coin can be an alternative to a job? You may be crazy with that idea. You even said that an unemployed person can invest a small amount. How much is that small amount and how much will it earn? That is impossible to live on crypto.Cryptocurrency doesn't have fixed amount to deposit. Unemployed person makes some money, with small amount invested during bearish run, their is plenty chances of success when the coins improves.
Of course, it has helped a lot of traders. There are many millionaires now in my country because of cryptocurrency. They are into trading, storing and lending of cryptocurrencies also. That is why I also joined the world of cryptocurrency to be like one of the millionaire or billionaire of cryptocurrency someday.I know how many people who make a living through investing on different kinds of crypto investments. Like, trading, storing, and lending their coins to make money over some period of time. Since Cryptocurrency came into existence it has given some people hope of being millionaires if it keeps on rising.
Do you think that Cryptocurrency have partially cube the high level of unemployment in our present world??
You're right, it has made lots of persons who took part earlier on millionaires. Taking part now and save for long time can make you joining the elite in the future to have gained from Cryptocurrency.Of course, it has helped a lot of traders. There are many millionaires now in my country because of cryptocurrency. They are into trading, storing and lending of cryptocurrencies also. That is why I also joined the world of cryptocurrency to be like one of the millionaire or billionaire of cryptocurrency someday.
To some extent it can go a long wat to cussion the effect of money issues for those that are unemployed,as this would serve as a means of livelyhood for them,if the neccessary knowledge can be aquired.Cryptocurrency has the potential to help curb poverty, and the best way I think this can be achieved is through long term investment.
Trading in it is too risky, and lending can also lead to losses.
For the poor people, the riskiest way might be the best way to make a living out of it.
I believe that cryptocurrency can to some extent curb the high unemployment rate in many countries.I know how many people who make a living through investing on different kinds of crypto investments. Like, trading, storing, and lending their coins to make money over some period of time. Since Cryptocurrency came into existence it has given some people hope of being millionaires if it keeps on rising.
Do you think that Cryptocurrency have partially cube the high level of unemployment in our present world??
Their is no investment that doesn't come with it's own risk. Crypto is risky, even real estate is kinda risky too. In order to earn we must embrace the risk okay.I believe that cryptocurrency can to some extent curb the high unemployment rate in many countries.
It is very risky for the poor to invest as such might not be able to deal with possible losses incurred.
At the same time, are there any investments without risks?