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Topic: Type of people who buy bitcoin. - page 2. (Read 844 times)

jr. member
Activity: 1141
Merit: 1
March 29, 2021, 10:36:20 PM
We can not allocate the types of people who buy Bitcoin. All kinds of people buy it.Some people buy for short term  and some for long period.
some people buy less and some buy large Quantity.It depends upon the interest of peoples,Also it depends upon the The amount of capital people they Have.
sr. member
Activity: 1876
Merit: 318
March 29, 2021, 10:09:02 PM
I really don't agree if someone says Bitcoin is only for the elite who have extra money. Since anyone can buy Bitcoin, I am not a rich person
and my salary is not great, but I can still buy Bitcoin.
maybe that is not a general post man , He was assuming that majority of people that Holds Bitcoin are rich people.
Quote
As long as there is a will there must be a way, so don't because your income is low and
you can't buy Bitcoin. Because buying Bitcoin doesn't have to buy 1 BTC, but you can buy just a few satoshis according to everyone's financial ability.
As long as our financial management is good, even with a small salary we can buy Bitcoin.
We Know that we can all buy Bitcoin even if the smallest amount .

So Yes All people can But what can they afford.

Thank you in advance for correcting me, maybe I have been too sensitive recently and misunderstood the opening post a little. We really should
think positively, maybe what we mean by opening posts is that most of HODL Bitcoin are rich people. It makes sense if we think carefully about
the high price of Bitcoin and also the volatile price of Bitcoin, surely only rich people dare to bet their money investing in Bitcoin. But that doesn't
mean that no poor people buy and HODL Bitcoin, I really have to be wise in commenting next time.
member
Activity: 1120
Merit: 68
March 29, 2021, 12:17:12 AM
If the minimum wage earners can save some money out of their wages then maybe they might be able to buy bitcoin but considering that the average minimum wages around the world is low, I don't think that they don't have the luxury to save because most of these people spend their wages either in expenses like bills or debts.
full member
Activity: 2002
Merit: 175
★Bitvest.io★ Play Plinko or Invest!
March 28, 2021, 11:44:40 PM
I really don't agree if someone says Bitcoin is only for the elite who have extra money. Since anyone can buy Bitcoin, I am not a rich person
and my salary is not great, but I can still buy Bitcoin.
maybe that is not a general post man , He was assuming that majority of people that Holds Bitcoin are rich people.
Quote
As long as there is a will there must be a way, so don't because your income is low and
you can't buy Bitcoin. Because buying Bitcoin doesn't have to buy 1 BTC, but you can buy just a few satoshis according to everyone's financial ability.
As long as our financial management is good, even with a small salary we can buy Bitcoin.

We Know that we can all buy Bitcoin even if the smallest amount .

So Yes All people can But what can they afford.
sr. member
Activity: 1876
Merit: 318
March 28, 2021, 11:18:06 PM
I really don't agree if someone says Bitcoin is only for the elite who have extra money. Since anyone can buy Bitcoin, I am not a rich person
and my salary is not great, but I can still buy Bitcoin. As long as there is a will there must be a way, so don't because your income is low and
you can't buy Bitcoin. Because buying Bitcoin doesn't have to buy 1 BTC, but you can buy just a few satoshis according to everyone's financial ability.
As long as our financial management is good, even with a small salary we can buy Bitcoin.
member
Activity: 117
Merit: 28
March 28, 2021, 11:02:58 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 can't speak of other countries as I do not know the situation of things there. In my country, people just focus on getting a bit of btc, no matter how small, they try to get some funds in regardless of how much they earn or if there financial situation is good.  That is why I will forever be grateful for the fact that Bitcoin has smaller denominations and you don't necessarily need to own a full Bitcoin (1BTC or more) to be part of the community.  I do have a friend without a strong financial background but he was always offloading a portion of his tiny salary to buy btc between the range of $3.7k to $7000. Today, he's good with holdings.
people with wisdom in investment buy bitcoin, I suppose Wink they know bitcoin is lucrative and then with ration, they put a proportion of money in bitcoin purchasing, whatever the amount. like my dad, he bought a bit of bitcoin in a dip and wad criticized by my mom. However, currently, my mom admires him for what he did, so do I.
member
Activity: 700
Merit: 14
March 28, 2021, 10:42:46 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.
This is not true, bitcoin is free to use for everyone. Anyone can own bitcoins in all the ways they have, no matter how much or little.
I admit, the elites and the wealthy are the dominant proponents for many purposes to use bitcoin.
Owning and using bitcoins is without exception for all walks of life.
Bitocin can be owned by anyone, as long as you want to own bitcoin you can store it,
even with $10 you can buy bitcoin, it's just that you will only get a small amount of bitcoin, with the current price of $ 2000 bitcoin and you want to buy bitcoin with a capital of $10 then you will get around 0.00017979 BTC


Really undesirable but it seems that owning bitcoin is a luxury to me now because of its price. Huh

jr. member
Activity: 50
Merit: 2
March 28, 2021, 10:23:25 PM
Yes, even if you only have a small amount of money, you can buy a little bit of Bitcoin as a long-term investment. Because you buy less, you won’t feel too distressed even if you lose money in the short term. Of course, in the long run, Bitcoin is It will definitely rise again, and there is still a lot of room for growth.
legendary
Activity: 1862
Merit: 1015
March 28, 2021, 07:32:02 PM
#99
Bitocin can be owned by anyone, as long as you want to own bitcoin you can store it,
even with $10 you can buy bitcoin, it's just that you will only get a small amount of bitcoin, with the current price of $ 2000 bitcoin and you want to buy bitcoin with a capital of $10 then you will get around 0.00017979 BTC

sr. member
Activity: 1638
Merit: 425
Cashback 15%
March 28, 2021, 12:30:10 PM
#98
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.

Anyone can buy bitcoin it doesn't matter who you are as long as you have the money, you could buy bitcoin where ever you are as long as you know how to.

Probably the reason why a lot of people don't buy this is, they just don't know what bitcoin is and don't know if bitcoin is really worth buying or possibly could just be a waste of money.

Anyone could be a millionaire or a billionaire this day if they just know that investing in bitcoin in the past years would make them. Holding bitcoin is not that easy as well thinking your holding it for 10years or more.

member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
March 28, 2021, 12:04:29 PM
#97
For buy BTC you should not have much money or highly paid job. You must have a dream, a passion, a desire of achieve, some time, loyalties,  khowledge and the amount whatever you want to invest in your initial level.
full member
Activity: 574
Merit: 125
March 28, 2021, 11:48:35 AM
#96
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.
Those elite or those who earn huge amount of money have the confidence on buying bitcoin even though the risk on it is still there, they are not that too scared of losing money because they can still earn it on their own but those people who don't have stable life are scared of doing it because they are afraid of losing the money that they have earned from their hard work. Anyone can buy bitcoin as long as they want no one will restrict them from doing that.
member
Activity: 297
Merit: 40
March 28, 2021, 11:43:59 AM
#95
Everyone has the privilege to buy bitcoin no matter their status in life is but it would be better if you prioritize first the necessary things you needed and your family before buying bitcoin because there is no assurance that you can earn money when buying it so it is better if we secured first the things we need in our lives, if you only earn enough money for your stuff then I don't think that buying bitcoin would be a good choice but it still on you if you are going to take the risk.
sr. member
Activity: 2324
Merit: 454
March 28, 2021, 11:37:15 AM
#94
Not only privileged people are buying Bitcoin, even those normal ones are buying Bitcoin. You don't need a lot of money for you to buy Bitcoin, instead you'll need a lot of deep understanding about Bitcoin for you to convince yourself to buy it that even some rich people don't still do. The type of people that buys Bitcoin are only those who are open-minded to things that are interesting. Risking a couple of dollars wouldn't harm you even if you lose for example, so take the risk to know what's the truth.
full member
Activity: 994
Merit: 105
March 28, 2021, 09:07:22 AM
#93
In my opinion, bitcoin can be owned by everyone. Does not judge people by the income they generate, because basically bitcoin is intended for people who have buying interest.
I am personally also a cryptohunter, who is looking for income from here that I will save for investing in bitcoin.
full member
Activity: 784
Merit: 100
March 28, 2021, 08:13:40 AM
#92
Bitcoin isn't meant for any set of people, bitcoin is for everyone who wishes to buy or take part in it, anyone who wants to invest will have to buy the portion or amount he can afford to matter the country or location because even if a country doesn't accept bitcoin there are some exchanges who has features of P2P trade so buying presently now is never a problem. The main thing there is not everyone can afford buying 1 bitcoin so everyone buys according to what there can afford like some people who buys today buys in fraction.
sr. member
Activity: 2030
Merit: 356
March 28, 2021, 07:06:49 AM
#91
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.

When it comes to the buying of bitcoin, i has nothing to do with the class. I know many people who are rich but do not invest in crypto because they feel that they may lose the money of bitcoin dumps. However there are other people who save money from their salaries and keep accumulating bitcoins. Only those who have belief in bitcoin, invest in it.
sr. member
Activity: 812
Merit: 253
March 28, 2021, 06:06:39 AM
#90
Everyone can access or buy Bitcoin even if they’re not that rich, if you have an extra money for the minimum wage you earn from your salary then you can just slowly buy Bitcoin with the amount of fiat money that you have. Just make sure Bitcoins price is not increasing though so you can alao do averaging at the same time. That’s what I did back in 2017 when I still haven’t had enough money to buy Bitcoin and was earning the minimum wage, but I still did profit from it by hodling them until now.
hero member
Activity: 2352
Merit: 594
March 28, 2021, 03:20:48 AM
#89
Just like saving cash, any amount is good as long as you do it consistently. Bitcoin's price is increasing over the years so you are not just saving but also you earn when its value increases. There could be bear season but if you have strong mind to not panic sell then it will benefit you a lot in the near future. I myself is also buying bitcoin monthly from my salary. Whatever the price is I always buy 40$ worth of bitcoin monthly since last year. Bitcoin has still a lot to grow now that many institutions are looking to invest on it.
sr. member
Activity: 1288
Merit: 257
Chainjoes.com
March 27, 2021, 06:49:28 PM
#88
I think everyone can have bitcoin, not only rich people, I who are a housewife can collect bitcoins for free, it doesn't interfere with my shopping money,
I followed the bounty and airdrop from the results I set aside to buy bitcoin, and I was grateful I enjoyed the profit when bitcoin was $ 50k,
Don't ever be pessimistic about the rich and big investors, man, sure what people say, why can't we! they can buy and have bitcoin sure we can even though the free way
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