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Topic: What do you think only the rich can make profit from Bitcoin? - page 11. (Read 3007 times)

member
Activity: 420
Merit: 11
The richer a person is, the more he can make an investment. But we should not forget about the losses in case of an incorrect decision.
hero member
Activity: 1302
Merit: 503
The poor can also make profit form bitcoin but it will take extra effort. The rich can just invest a huge amount of money and go to bed then wait for his or her profit but if the poor adopt some smart strategies he or she can equate with the rich.
- I do not think that rich people just invest then go to bed to wait for profits, they still have certain efforts but their advantage is that they have too much money, they will not need too much time to analyze and find reasonable options with their capital while the poor can not be as comfortable as the rich, they need a lot of time to determine where to invest accordingly and their choices are limited when their capital is too small. And of course, rich people make money easier and I'm really jealous but I also understand that life is unfair, instead of being jealous of others, I should work harder to be rich
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.
Indeed. Bitcoin was not just intended to be used by a certain level in the society. Since it was open access to all, any type of people can be able to effectively use it as how rich people being able to use it properly. You just need lots of patience and a wide range of understanding on how this type of currency works. The investment proper in terms of money is on the next stage once you have known and fully understand how to earn income through it. Investment is not just about money but also with time and effort which poor or even small people can do exert to start up using Bitcoin properly.
member
Activity: 378
Merit: 10
No, it isn't true. Bitcoin is created by Satoshi for free used or recognized by any classes of people. There is no limitation of Bitcoin usage. Wish, learn, and patient are the crucial and influential factors to be successful fro making profit from Bitcoin, whether trading or mining. Not every one probably has capability to do it, therefore they should study dealing with it.

Lower and upper class are free to make profit from bitcoin, but investor or trader with massive assets or capital definitely will get return much more profit.  However, it doesn't mean that lower can't make a massive profit. As long as they want to do much effort, I believe they can make it.
copper member
Activity: 336
Merit: 1
No. I do think the poor can make profit from Bitcoin too , the only thing is that the profit percentage is likely to be little when compared to the profit made by the rich investor who invested big .
Just like when you invest $10,000 made profit of $1000 and another invests $5m and makes profit of $500,000.
full member
Activity: 630
Merit: 102
The poor can also make profit form bitcoin but it will take extra effort. The rich can just invest a huge amount of money and go to bed then wait for his or her profit but if the poor adopt some smart strategies he or she can equate with the rich.
full member
Activity: 616
Merit: 100
in trading the biggest capital will give you the chance to get the big profit, but you should know when you use the big capital it will have the big risk too, so the big capital or the rich people maybe is not the big factor that affect bitcoin profit
full member
Activity: 924
Merit: 221
Probably yes but rich people do probably get huge lost in their investment especially to the impatient one. I bet many were selling that time and many had take some loss.
However, rich people have also good earnings or profit when market is good. This is advantageous to them and this is the time that they could be abke to recover their loss easily.
member
Activity: 378
Merit: 55
Be Good to me!
A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.

During this time of crash only the rich can profit bitcoin because they only have the capability to buy and save bitcoin for the pump of price in the future but to the poor people like me l have no profit on this crisis of crypto.
sr. member
Activity: 658
Merit: 250
A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.
There is no exception in regards with crypto investments.Anyone can profit with bitcoin or altcoins these just depends on how passionate and sincere on a person on giving dedication to what hes doing.
full member
Activity: 770
Merit: 102
Anyone can make profits from bitcoin, and not only rich people can make profits through bitcoin. Bitcoin is open to anyone who really wants to make a profit and has a lot of money, because the way to get bitcoin is not just buying, but many other ways we can get to have bitcoin without having to buy it. One way is to follow the bounty, and so on where we can get bitcoin without buying it. But in my opinion the opportunity to get big profits through bitcoin is owned by rich people, because they have a lot of money and can afford it with the money they have, so they rich can easily get bitcoin and can quickly get profits through bitcoin, although it must be remembered that besides the benefits there are also risks that overshadow every bitcoin owner who might suffer losses.
hero member
Activity: 2660
Merit: 551
A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.

I think bitcoin investors are more smarter than we think. We're getting matured so the idea that its only for the rich is not correct. How many of us started to just buy bitcoin in small amounts? You don't need to get 1 BTC immediately, you can just purchased dust amount so you can go and accumulate it overtime. As for trading, mistakes is part of the journey, the more you experienced mistakes, the better you can handle the worst situations, so it doesn't makes any difference if you're rich or started with small capital.
full member
Activity: 462
Merit: 100
MYCRYPTOBANK.IO
Making profits not always only for those who are rich, if you are smart enough with little money then you can make profits by trading in the right way.
hero member
Activity: 3038
Merit: 634
Of course, everyone can make money on Bitcoin, regardless of whether you are rich or poor. this market is accessible to everyone
Everyone can make money on bitcoin if they are patient enough to wait until the price goes up after buying. The idea of getting rich quick should be removed first for the first time investors of bitcoin.

Because that mindset has been circulating in the community that they think it will give them fortune within a very short period of time. And having that said, they are good up for waiting and willing to go through with a lot of ups and downs.
full member
Activity: 546
Merit: 100
burst.money
Not only rich but also poor and middle classes people also makes profits from Bitcoin. Because bitcoin is universal currency. Bitcoin is for all not only rich.
full member
Activity: 479
Merit: 100
This can certainly happen. The rich can make a profit from bitcoin by investing in bitcoin. This is a quick way to make a profit but it is also potentially high risk. The poor can also make a profit from bitcoin by joining the bountys.
rich people or poor people i think have the same rights to gain profit. which distinguishes of course the paid-up capital, the more capital, of course, the easier it will be to get more profits. but we must know when to enter market and when to exit market
Bitcoin indeed plays a major role to benefit a much larger of course also gain wealth quickly.
so I have a lot to recommend and advise to have more advantages in generating Bitcoin much more in the future.
copper member
Activity: 95
Merit: 0
even the simpliest person can make profit from bitcoin. Its just rich can make their profit much faster and higher for they can risk investing and trading because literally speaking they are rich
full member
Activity: 742
Merit: 144
A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.
In this market, everyone is invited to participate/invest regardless of who you are as long as you are ready to take risk, you are very much welcome. Cryptocurrency has no class requirement, you just need to be more wiser and stronger as this market can be your friend or even your worst enemy.

This should be enjoyed by everybody, we are all equal here and we deserve to experience the goodness of cryptocurrency. Encourage your friend to come here, guide them, teach them so they will also have an opportunity to make extra income.
member
Activity: 328
Merit: 10
A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.
Most of you thinks that only rich people can make a huge profit on bitcoin. But for me it doesnt make any sense because me as an average person I can also make profit with bitcoin. Im not rich and im not that poor. Anyone can make a profit and invest in bitcoin. We need to know that everyone have potential to creat huge profit with the help of bitcoin. As long as you have enough money and you are brave enough to risk and invest then you can take the opportunity to invest.
jr. member
Activity: 238
Merit: 1
Of course, everyone can make money on Bitcoin, regardless of whether you are rich or poor. this market is accessible to everyone
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