African-Americans Outpace Whites & Hispanics In Cryptocurrency Investments, A New Avenue to Wealth

ORDER_66

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That's bullshyt.

Regardless, black people get preyed upon by people trying to use investments schemes as a quick come up and end up joining MLM's or scammed out their money.

That's a huge problem in our community and has been for decades. "Get rich quick" is leading people down bad pathways. People scamming others with these bullshyt forex trading courses, "wealth building classes", "credit repair/tax business" seminars, and crypto will go the exact same route.

People think investing in crypto is going to save their lives, until it doesn't. They are going to learn the hard way because most 95% of people couldn't explain this asset class if they tried.

I'm not saying we should blatantly fall for get rich quick schemes :comeon: if there's money to be made in these markets then fukk it lets make inroads, educate ourselves and take the fukk over... if muthafukkas stopped being nagative asf and realize that yes there's gonna be pitfalls in anything we do. when it comes to crypto nikkas always negative but people have made money too, so what's it gonna be permanent underclass :hula: or NOT....

black people's collective wealth will be fukking ZERO shyt is dire right now nikka!!!:why:
 

MoneyTron

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I'm not saying we should blatantly fall for get rich quick schemes :comeon: if there's money to be made in these markets then fukk it lets make inroads, educate ourselves and take the fukk over... if muthafukkas stopped being nagative asf and realize that yes there's gonna be pitfalls in anything we do. when it comes to crypto nikkas always negative but people have made money too, so what's it gonna be permanent underclass :hula: or NOT....

black people's collective wealth will be fukking ZERO shyt is dire right now nikka!!!:why:
:mjlol:

:russ:

Take over and make inroads on what? fukking bitcoin?

You've got guys with 9 digits in the bitcoin market manipulating it at every turn to a greater extent than anyone does with the stock market, and you expect me to think there's neough black people out there with the wealth, time, patience, and technical knowledge to explain bitcoin, invest wisely, and "take it over"?

Stop it.

Sorry, I'm not advocating for any suggestions that is investing in Bitcoin as a way to save your money. If you have income to invest in crypto on the side for fun, sure, go for it. Building sustainable wealth for the average person? Not convinced.

Best thing black people of relative meager income can do is invest in an zero/low cost index fund and let that money sit instead of chasing investment windmills.
 
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ORDER_66

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:mjlol:

:russ:

Take over and make inroads on what? fukking bitcoin?

You've got guys with 9 digits in the bitcoin market manipulating it at every turn to a greater extent than anyone does with the stock market, and you expect me to think there's neough black people out there with the wealth, time, patience, and technical knowledge to explain bitcoin, invest wisely, and "take it over"?

Stop it.

Sorry, I'm not advocating for any suggestions that is investing in Bitcoin as a way to save your money. If you have income to invest in crypto on the side for fun, sure, go for it. Building sustainable wealth for the average person? Not convinced.

Best thing black people of relative meager income can do is invest in an zero/low cost index fund and let that money sit instead of chasing investment windmills.

:skip: ok so how would you suggest we not become a permanent underclass in a few years... since you so smart what's the plan???:beli::leostare:
 

MoneyTron

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:skip: ok so how would you suggest we not become a permanent underclass in a few years... since you so smart what's the plan???:beli::leostare:
Not investing in a non tangible, unregulated, extremely volatile "digital currency" with no safety guardrails for any beginning investor.

We'll start there.
 

ORDER_66

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I already told you where people should start if they want to invest their money into a relatively safe asset class. Making your letters bigger isn't going to prove your point any better.

like what!!! be specific for the entire class!!! :beli: otherwise you just babbling and have no answers :camby:
 

MoneyTron

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like what!!! be specific for the entire class!!! :beli: otherwise you just babbling and have no answers :camby:
As I said...
Best thing black people of relatively meager income can do is invest in an zero/low cost index fund and let that money sit instead of chasing investment windmills.
 

ORDER_66

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I don't have a plan to make every black person wealthy. My point is that bitcoin is not a safe investment for people using their life savings to build wealth with.

:russell::russell::russell::russell::russell: All that fukking babbling and NO plan to get us into a better economic future...:camby: Like i thought gtfoh
 
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