Type of people who buy bitcoin. | Bitcointalksearch.org

Mamun74

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Quote from: TheBitcoineers on March 25, 2021, 06:08:12 PM

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

I think everyone can buy bitcoin and use it.When you have mone then you can buy bitcoin and invest many others Crypto related site.Bitcoin is freedom for every person. No matter how much buy it.So you can buy it and invest to get more profit.

masphie

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Quote from: Kittygalore on April 06, 2021, 12:05:57 AM

Quote from: masphie on April 05, 2021, 11:47:16 PM

No.... bitcoin not for elite people..... bitcoin for everyone. And you can buy bitcoin with small of buck like 0.00000001 satoshi.

You are technically right but the only problem is that there is only a chosen few that are given the opportunity to buy bitcoin, yes everyone can buy but not everyone has the means to access the necessary sites to buy bitcoin and cryptocurrency, maybe that kind of thing will change someday so that we are given all an equal opportunity.

I think almost everyone has the tools to be able to access cryptocurrency websites. Smartphones, for example, not everyone has an Android smartphone. But if we compare, the result will be more who have androids. What is clear, the main challenge is whether they want to not enter into the cryptocurrency system.

fauzan123

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Quote from: Darkelf11 on April 05, 2021, 11:28:06 AM

I just bought bitcoin if I have money previous I encounter the lowest price or the dip we called and good thing I have funds so why not take or grab the opportunity to buy some bitcoin and try to hold this until I become one of the millionaires kidding aside there's nothing wrong with this as long you keep earning and getting profit it's enough I'm not too much greedy because I just want to have what I deserve holding for long months.

Maybe some people don’t like the show of greed and all of the dodgy characters who tried to use crypto currencies to raise money, mostly for ill-considered projects, in 2018. No one does. But, you need to look beyond them to what bitcoin and blockchain can do for society.

Kittygalore

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Quote from: masphie on April 05, 2021, 11:47:16 PM

No.... bitcoin not for elite people..... bitcoin for everyone. And you can buy bitcoin with small of buck like 0.00000001 satoshi.

You are technically right but the only problem is that there is only a chosen few that are given the opportunity to buy bitcoin, yes everyone can buy but not everyone has the means to access the necessary sites to buy bitcoin and cryptocurrency, maybe that kind of thing will change someday so that we are given all an equal opportunity.

masphie

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-= OI =-

No.... bitcoin not for elite people..... bitcoin for everyone. And you can buy bitcoin with small of buck like 0.00000001 satoshi.

Sanugarid

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Quote from: TheBitcoineers on March 25, 2021, 06:08:12 PM

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

I don't think so, everyone has the freedom to invest in BTC regardless of their financial situation and a small amount will do. Being privileged or not does not really matter in investing. With regards to your last question, your investment will grow eventually and you can just increase the amount of your BTC whenever you've spare money. One last thing, invest the money you can afford to lose.

Tristan Bieber

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When you have spare money in your hand and it will not affect your current life, you can invest a small amount of Bitcoin and leave it there for more than a year without moving. After many years, maybe this small amount of Bitcoin in your hand will bring it to you. You are a little surprised. In addition, you must always believe in yourself, don't buy and sell according to other people's words, and don't think about it all the time when you buy.

iTradeChips

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I for one would consider myself as a little holder of cryptocurrency. Not really big into Bitcoin but have Bitcoin nevertheless. My friends and colleagues that I introduced crypto with in the past were not so lucky themselves. Unfortunately they were not able to buy Bitcoin in the past and are now being FOMO'd into the situation where they might end up making mistakes. I always tell them not to be emotionally attached to the idea that they are too late. I tell them nothing is too late in crypto and they could just simply invest.

DarkDays

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Quote from: pawanjain on April 05, 2021, 12:50:24 PM

Bitcoin is being owned by many people around the globe. Not all of them are huge investors.
These people will be a mix of traders, normal investors, institutional investors, employees, freelancers, merchants etc..
It's hard to completely list the types of people actually holding it.

The thing about decentralisation is that anybody can get involved crypto and BTC in general. All that differentiates between people who buy and don't buy BTC is the appetite for risk, knowledge, and some money on the side to invest.

Nobody is left out, all you need is internet, money and the will to get involved.

pawanjain

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Nothing lasts forever

Bitcoin is being owned by many people around the globe. Not all of them are huge investors.
These people will be a mix of traders, normal investors, institutional investors, employees, freelancers, merchants etc..
It's hard to completely list the types of people actually holding it.

Alert31

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Quote from: TheBitcoineers on March 25, 2021, 06:08:12 PM

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

Everyone is free to buy bitcoin even a poor people who have $2 only can buy it if they know that bitcoin exist and profitable. Not only rich people can buy bitcoin. Many people working minimum are now also an investors of bitcoin because many people already know that investing in bitcoin is more profitable than working eight hours under minimum wage.

Darkelf11

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I just bought bitcoin if I have money previous I encounter the lowest price or the dip we called and good thing I have funds so why not take or grab the opportunity to buy some bitcoin and try to hold this until I become one of the millionaires kidding aside there's nothing wrong with this as long you keep earning and getting profit it's enough I'm not too much greedy because I just want to have what I deserve holding for long months.

hongchao123

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The most people who are buying btc just want to earn good ROI of it. Thats it.

romero121

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I've seen two types of people who buy Bitcoin.

1. Buying Bitcoin for the purpose of gambling.
2. Buying Bitcoin as a form of investment.

Apart from the above mentioned reasons, countries have now started to hold Bitcoin as reserve fund same as keeping gold. Limited number of people have begun to use bitcoin as a medium for large volume transactions which requires more process with banking.

ECOS_CloudMining

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There is not a certain type of people. Everyone can try to invest in crypto. There are people who make investments to crypto coins, for example, once a month or once a year. For example, using our service you can start investing in BTC from $49.

jjdub7

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Quote from: TheBitcoineers on March 25, 2021, 06:08:12 PM

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

In my opinion, the great interest of rich people and big companies in Bitcoin is recent. Until 2-3 years ago, most crypto market investors were ordinary people who invest in retail, as you describe it.
Still, there are a large number of people who work and invest a small or large part of their income in Bitcoin or other cryptocurrencies. And this will continue to be the case because everyone is beginning to realize that they can make a profit from the crypto market.

mezzaluna

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Quote from: TheBitcoineers on March 25, 2021, 06:08:12 PM

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

Of course not. Bitcoin is not for the privileged and its specially not for the elite who has extra money. Bitcoin is absolutely for everyone who could learn it and take time to spend time with it. I have friends who does not even have jobs took a full time within the Cryptocurrency Industry as Traders and they are earning money more than people who have daily jobs.

If we really want to learn something, we could study it and take the time to be knowledgeable about it and those are the types of person who revolve around Cryptocurrencies.

XZERO1

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Quote from: TheBitcoineers on March 25, 2021, 06:08:12 PM

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

No, it doesn't matter, as long as you invest the money you can afford to lose in Bitcoin you'll be fine, also if you're living a privileged life why would you feel the need to invest in anything anyway?

Investment in cryptocurrencies is highly popular among those people that are working a normal or minimum paying jobs because it can change their life over just a few months if they have chosen their investment right, not sure if Bitcoin makes people rich at this point unless you go all in which is not recommended but it can also give you some very good amount of profit, there are some high cap quality altcoins available too which can give you a better return comparing to Bitcoin but they also carry more risk as well.

Theones

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Bitcoin ecosystem is open for everyone. You don’t need a specific amount to start trading bitcoin like we need minimum amount to open a bank account. There are people who are continuously buying bitcoin from their monthly savings and are able to exponentially increase their holdings.

John Jefferson

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If you are a newcomer and don't want to invest too much energy, then it is recommended to buy spot, so buy low and sell high. You can slowly hoard more bitcoins. If you have more spare money, you can make a fixed investment, which can avoid the occurrence of large purchases at high prices and reduce certain risks. It is also a relatively safe investment method.

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