Topic: Is Bitcoin for everyone? (Read 720 times)

I have made big profit several times by investing in Bitcoin. But I think it is safe to invest in Bitcoin, but if you invest a small amount of money in Bitcoin, you can't get much profit.  Although there is a gain in some coins, there is a possibility of losing all the money. That's why I always prefer bitcoin to invest. Now I don't think it's the right time to invest, so now I will stay away from investing in bitcoin and after a few days it will be fine.  I will invest.

I think not for everyone. The first lesson in investing is that you need to understand that becoming an investment magnate is a rare occurrence.  This incident basically doesn't happen to everyone now it's statically impossible for it to happen to you. Those who are rich by investing are always already rich. How big your dreams can be is limited by the money cap. Now, if more money is spent, it does not mean that the ricks will be more. Rich people take this advantage more. I think after investing in all aspects of life, you can invest in bitcoin if you still have some money.

If we just expand our understanding and are open to what Bitcoin really is, we will understand the deep purpose of Bitcoin and why Satoshi Nakamoto created it. And most people also know and almost cannot even count the people who have been helped by Bitcoin because Bitcoin does not discriminate.

Apart from that, as long as it is sincere in your heart to know this and recognize that it will really help you, it will really help us in our lives. It's that simple that there's no difference when you're offered a good job opportunity; if you don't accept it, you won't get a good salary. That's how simple it is to understand.

Why not?
Bitcoin is for everyone. The question is, what about Bitcoin? Can you optimize your investment in Bitcoin or not. Or just make investing in Bitcoin a normal thing. So that the investment preparation is normal. Many people invest by holding long-term in Bitcoin. And the results. This also depends on each individual. However, as long as you follow the cycle, it will usually bear very sweet fruit.

This is not a matter of luck or not, but rather our preparation and ability to invest in Bitcoin. As long as it is something that is considered important, but if we don't prepare and strategize well and wisely, it won't end well. In this case, when you want to invest, make sure that the capital you use will not interfere with your activities or expenses. So that you will not use the money for a certain period of time or suddenly. On the other hand, you also have to have savings so that whenever conditions are urgent, you can have enough.

But this will be different when you don't have savings and have an emergency. In the end, you also can't do much. Selling Bitcoin at a loss is of course really depressing. But it's all fate if you've tried but it still doesn't work. At least, it's okay to try your best. Because sometimes we don't understand each other's position...

Freedom of opinion and freedom of choice is an important basis for knowing that this is a good thing for everyone or not, reading the whole of what you said actually indirectly shows that bitcoin will only exist for those who want it. Everyone can be in bitcoin but in the end everyone will not be able to get the same results or experience because in this case there is a kind of selection that is not too explicit but there depends on your seriousness to bitcoin that determines whether you deserve to be in bitcoin or not because if you are not able to deal with the pressure and consequences that exist then never touch this because it will only make you miserable and feel cheated like many people who leave when they lose.

We need to understand that fact that we all have different preferences and investment interests, and of course, different capabilities.
And to say also that not all were able to appreciate Bitcoin as a good or valuable investment or even think it could be a useful currency in the future. In this instance, we can say that Bitcoin is not for everyone and we know that some have tried investing Bitcoin but later on they quit --this is an example that not all are happy and will stay in crypto.
Too impossible to see someone invest if they have these things,
 - lack of knowledge
 - lack of interest
 - lack of funds
 - negative mindset

I am still bothered by saying that bitcoin is for everyone, because in this case I believe that everyone has a choice, meaning that with the fact that currently happens that there are still bitcoins that don't want it, it means that it already indicates that bitcoin is not for everyone but for those who want it and choose it as their handle.
In the end, the concept is the same as adoption where when someone accepts bitcoin it means that bitcoin is for them but on the other hand when there are still those who do not expect bitcoin and prefer it to other things then it indirectly means that bitcoin is not intended for them so that the concept of bitcoin for everyone is something that is not right in my opinion.

Funny how you say if Bitcoin is for everyone, I want to ask you a simple question mate, is fiat currency for everyone because people still acquire loses even in their fiat saving and transaction due to lack of planning and understanding but that doesn't mean that it's actually for selected person's because I believe that's actually the sequence of life as not everyone is supposed to experience profit in all they do because not everyone has the same discipline and  understanding.

In every thing in life, everyone is not favoured. Be it business, there are people who succeeds in business while others will also fail in the same business. This happens to relate to luck and also knowledge. A good business man will always tend to succeed while a bad business man will always tend to lose money.

This same thing is applicable in your case. Someone who is knowledgeable about bitcoin will always know the right time to buy or sell. The person will also know about halving and its effects. With this little knowledge, thatbwill be difference between you and someone who is knowledgeable.

Maybe what the OP means is that whales have more Bitcoin from the start, so they have the potential to make bigger profits than newcomers. We know that Satoshi's wallet is currently sleeping, and no one knows that one day whether his wallet will wake up or not. Yes, at least the contents of the wallet are large enough to pose a bearish market threat when 1 million BTC is transacted on even the most well-known exchangers.

We don't know the truth, as long as you love documentaries and conspiracies, anything can happen and Bitcoin will probably end when it all comes to light.

But if Bitcoin has a solid network and monopoly does not exist. I believe this network can survive much longer and make a big contribution to the Bitcoin community. The current price of BTC is very volatile and this could make it continue to rise every year if there are no issues with errors in the Blockchain and the whales are certain not to interfere in the trading monopoly.

Bitcoin was created to separate money from state, to empower the people. It is absolutely for everybody, it’s for everybody & anybody who wants to escape the system & provide self sovereignty for themselves & their families. Once you enter the world of bitcoin you will not want to go back.

Bitcoin is not a centralized system and is not transparent everyone watches anything that is going like transactions, etc. If it is not centralized then how you can say that Bitcoin is for selected persons? I ask a little question from you, Does Bitcoin have eyes that see people and identify them that these are selected for profit and this one does not? Brother this all are misconception all you need is to know when to buy the coins. It's quite simple just go and wait for the dump of Bitcoin when it dumps then invest and hold it for some time not for 1 month or 2 months at least you can hold it for 6 months. Increase your level of patience and wait for the right time when Bitcoin is going up, you can sell your coins at that time, and when bearish comes again do the simple and easy strategy.

Nothing in life is designed to go out well with everyone no matter how legit, profitable, or how its prospects look. Bitcoin is not an exception. for those of us who know its worth and are at the same time willing to invest in it, Bitcoin is for us and that's why we continue to sensitize people on having the right view of Bitcoin even when the government seems to be kicking against it practice and adoption in so many countries around the world.

Even for those that have accepted it, you have to decide if you want to go into trading, mining, hodl, etc. The politics behind its ban in several countries should send a strong signal that Bitcoin if generally accepted by the population without any restriction on the part of the government has an high tendency of bringing a remarkable change in the current known mode of transactions.

Bitcoin was not created to please people, but bitcoin can provide financial freedom for anyone who knows how to use it. Governments in this case always have different views on bitcoin and there are some governments that accept bitcoin as an investment asset and others that prohibit it completely. When we are involved in bitcoin, so far we also need a bank when converting to fiat currency and although there are other methods that can be used, such products also have a close relationship with the government.

The essence of Bitcoin is not limited to just one, two or three people, but whoever is able to use it is the one who benefits. At least for us the presence of bitcoin is a solution to achieve a much better stage of financial freedom, compared to the system that existed before. So as long as we can use it to make a profit then do it and don't limit yourself just because of the risk of volatility because nothing is done without risk.

But you forget one thing this world is controlled by governments, and a functioning economy needs banks, and bitcoin does not need governments and banks.  do you think the government will let bitcoin become popular easily?  Furthermore, bitcoin is only 14 years old and you would expect 8 billion people to use it right away, you are asking too much of bitcoin. not to mention its volatility not everyone likes it, bitcoin is great but it is not perfect to please everyone.

It is for everyone that is interested in keeping and risking , and this is also for those who are not greedy
and not seeking for easy money because if that is your plan here then you are in the wrong place , bitcoin is something we
must trust for the rest of our life and until next generation , this is why such coin must be treated long term and not just
for short term like what others try to impose and do.
those are the loser and mostly the blamer of crypto investment that we have been hearing over the years outside this forum.

Bitcoin can be used and adopted by everyone. The use of Bitcoin by a select few is not in line with Bitcoin's original purpose. I find it hard to understand why the largest cryptocurrency among the cryptocurrencies that can replace fiat currencies cannot be used by everyone.

Cryptocurrencies can be bought and spent by anyone, anywhere and anytime, without the need for a bank or a government. This is what makes them so innovative. Bitcoin is creating a new form of trust for our future global monetary system. The system behind Bitcoin is completely transparent, based on math and the real consensus of everyday users. It is decentralized and secure. With all this in mind, which do you think would be a better option for our future? Fiat or Bitcoin. I'm sure Bitcoin being used by everyone would be the better option.

To me I don't see Bitcoin as something that is compulsory for everyone. Ranging from trading, long/short time investment. It's definitely not for everybody if it's for everybody I think even the blind and uneducated would have also joined Bitcoin. but Bitcoin has boundaries, that is to show that Bitcoin is just for few or the strong minded persons. It's not also a game for the weak because you must be strong to accept anything you see just like gamblers who invest huge amount in gambling, if they win or lost its at their own detriment. If you loose, No one to run to or complain it's always tagged invest what you can afford to lose.

  Yes, if people realize the role of money against bitcoin, of course it will make it more attractive for transactions even if it is just to send money either domestically or outside the country, the benefits taken are speed and low cost for every transaction that bitcoin provides.

  I agree that the blockchain technology that bitcoin has is more effective than person-to-person services regarding privacy and service hours.

  Unfortunately, it is still only a few people who realize the function of the fundamentals and physicality they see and still prefer conventional and ignore privacy including kyc or telling personal matters to retail services.

  Flexible bitcoin can be utilized from a broad perspective, yes investment, money, or even savings assets.

I know that others have also made comments on the topic and some say yes and some say not for everyone but I will say yes because bitcoin is money and money is always meant for everyone to use but the different is the technology behind. And in the new world order technology is taking over everything so that who acknowledge bitcoin and invest in it became part of the technology so it is for everyone one.
Though Others might disagree but the truth is that bitcoin is for everyone.