It was developed to be used a micro-payment scheme, however, it evolved so much from it's inception that it become a class asset now. As for the opportunity, I think majority here is just average joe investors, so yeah there is an opportunity.
However, I wouldn't call it like something that will suddenly give the poor money, I mean it's not like a magic bean that will solved everyone's problem. It will still take a lot of effort from anyone, on how to save and accumulate bitcoin overtime before you can see and make profits.
Topic: Bitcoin Gives the poor an Opportunity. - page 7. (Read 881 times)
Opportunity to earn? Yes, but it has limitations. With Bitcoin as an investment, obviously you’ll need money to earn by holding and waiting for its market price to increase. Indeed there are ways to earn from this industry in particular with services or projects but there are also limitations in particular with requirements to participate. Maybe if it was 4 years ago, there were so many options and requirements weren’t that hard to comply. I remember the first projects I have worked and participated with which really have helped me to make a start in this industry. With regards tk Bitcoin being an investment, we cannot do anything about it simply ‘coz in such way it became useful still given that its acceptance still is limited to majority of countries however I doubt it would might lower the value of this technology.
Every other investment I know requires you to have a lot of money before you can make a reasonable profit.
The most popular forms of investment are stock trading and real estate and it's quite expensive to go into.
For you to buy these shares and make a good profit you have to have thousands to tens of thousands of dollars.
Not to mention that you need to have a deeper understanding before you can stand a chance to make it in stock trading.
Some might argue that you can buy fractional shares with the amount you have.
According to Stach these are a few disadvantages of fractional shares.
I can't say Bitcoin levels the playing for everybody but it gives people an opportunity to have an investment. People that ordinarily wouldn't have been able to have any investment at all.
With Bitcoin, you can just buy with any amount you have and sell whenever and however you want.
I for one wouldn't have had any investment at this point in my life if not for Bitcoin.
For the record, I'm not against investing in other things, if you have the money to invest in other things then by all means please do, but if you don't have it, it's best if you stick to Bitcoin.
And if you'd like to know more about fractional shares, and invest in them, you can start researching here Forbes.
Some people frown at the fact that Bitcoin is being termed an investment because Bitcoin was created to be a currency. They feel Bitcoin might lose its nature as a currency if it continues being an investment. I don't agree with that, but I respect their opinions.
Bitcoin can be both a currency and an investment
The most popular forms of investment are stock trading and real estate and it's quite expensive to go into.
For you to buy these shares and make a good profit you have to have thousands to tens of thousands of dollars.
Not to mention that you need to have a deeper understanding before you can stand a chance to make it in stock trading.
Some might argue that you can buy fractional shares with the amount you have.
According to Stach these are a few disadvantages of fractional shares.
Quote
Limits on when, how, and what you can sell
Fees for trading fractional shares
Lower dividend income and profits
Lack of stock voting rights
Risk of illiquid shares that are difficult to sell
Tax consequences when changing brokerages
This shows how the game is rigged against those who don't have enough money to spend on investment. Fees for trading fractional shares
Lower dividend income and profits
Lack of stock voting rights
Risk of illiquid shares that are difficult to sell
Tax consequences when changing brokerages
I can't say Bitcoin levels the playing for everybody but it gives people an opportunity to have an investment. People that ordinarily wouldn't have been able to have any investment at all.
With Bitcoin, you can just buy with any amount you have and sell whenever and however you want.
I for one wouldn't have had any investment at this point in my life if not for Bitcoin.
For the record, I'm not against investing in other things, if you have the money to invest in other things then by all means please do, but if you don't have it, it's best if you stick to Bitcoin.
And if you'd like to know more about fractional shares, and invest in them, you can start researching here Forbes.
Some people frown at the fact that Bitcoin is being termed an investment because Bitcoin was created to be a currency. They feel Bitcoin might lose its nature as a currency if it continues being an investment. I don't agree with that, but I respect their opinions.
Bitcoin can be both a currency and an investment
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