Rich and poor gap widing. Time to invest in crypto!

in #wealth6 years ago (edited)

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(Courtesy of zerohedge.com)

Article link: click here

The article mentions 43 states out of 50 have 1% earners increase in wealth that exceeds the other 99%. Repeat 43 states!

On average it takes almost half a million a year salary and higher to be considered in the top 1%. I do not even make 1/10 th of that! This is only going to divide people even more with such wealth discrepancies.

There is no better time to be investing in cryptocurrency. There are reasons to stay optimistic with cryptocurrency.

  1. The current fiat system is widing gap and making it more difficult to earn a living.

  2. Cryptocurrency is being adapted by more people as a source of currency to buy and sell goods and services.

  3. Cryptocurrency is being traded on exchanges. Ask yourself when do stock exchanges closed due to no stocks trading? Never! Cryptocurrency is a form of assets just because many can trade it.

Thanks for reading.

If you wish to watch me try to grow my crypto wealth please follow me: @mawit07

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Date of post: 8/15/2018

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Man, I am only a half a million short of being in the top 1%. With prices where they are, I think it is a good time to jump in on the crypto market. Even if Bitcoin returns to $8k, which is roughly half of its high water mark, people would be looking at a 23% growth in their asset. The better one, could be Steem itself. It is down around $0.86 and it is not unthinkable to see it around $1.50, levels that are not that distant in the past. That would render remarkable returns.

So you telling me not to complain considering I earn more than you :p

I agree invest in crypto is the way to go. Bitcoin and steem all the way.

@tipu refund

@tipu status

Hi @mawit07! Here is your @tipU service user data:

  • deposit for sending tips and @tipU upvotes: 0 SBD
  • delegation status: 0 STEEM POWER delegated
  • investment status: 23.262 STEEM POWER invested: 0 STEEM and 20.606 SBD
  • pending payout: 0.001 SBD + 0.008 STEEM, next scheduled payout in: 4 hours
  • total @tipU STEEM POWER: 1023798 | Your share: 0.0023% | Your reinvest ratio: 0%
  • voting status: recovering voting power, voting will start in 2 hours
  • Profitability: 0.217 SBD + 0.28 STEEM (0.46 USD) per 1k SP delegated or invested, APR: 18.63% (data from yesterday)

@tipu refund

Please send 0.001 SBD to @tipu with this command

Thanks but will 0.001 steem do? Thought both sbd and steem transfer works the same and right now I do not have any sbd. Thanks.

Will add STEEM for receiving refund message in a moment :)

In the meantime - please send 0.002 STEEM to @tipu with memo: swap
Let's test something ;)

Although exchange rate sucks 0.002 steem for 0.001 sbd the feature is awesome!

That's because you can't send 0.0019 SBD
You can send more STEEM and than the rate will be normal (2 STEEM -> 1.9 SBD for example).

Do you thins that @tipU should handle the swaps or I should make another bot just for this thing? Like @swapit :)

Oh the irony. Your miner just paid out enough sbd now. If I only waited until now lol. Thanks.

Yeah, I'm working now on a feature where you can set in which currency (SBD, STEEM or both) you want to receive payouts. Testing it on the miner :)

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