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Topic: What do you think only the rich can make profit from Bitcoin? - page 12. (Read 3007 times)

member
Activity: 490
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I don't believe about the statement that only rich people can make profit from bitcoin. Everyone can make profit as long they will strive and workhard in joining different activities in crypto market. It needs also patience in doing the investment.
copper member
Activity: 2968
Merit: 575
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A few people thought that Bitcoin investment is intended for just the rich to make the additional rich. 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.
Here is the problem why bitcoin and other crypto currencies are struggling to develop. People are just investing on crypto currencies thinking that it is a get rich quick scheme. Bitcoin was made to be used as a regular currency without any kind of regulation. Now if people uses it as a day to day currency instead of using it as a form of storing asset, we maybe able to see its true potential. And bitcoin is for everyone, not just for the rich people.
jr. member
Activity: 168
Merit: 2
if I think a lot now. if a rich person has many models and experiences can take advantage of market conditions. surely now they will get a substantial profit. because capital is the main key to success
sr. member
Activity: 728
Merit: 254
Well obviously, it doesn't require you to be reach for you to earn profit here in this type of business. Actually, in all types of businesses, you do not need to be rich for you to start, you only needed patience, smart and gumptious. You must be able to know to find out capital for you to start just like here and it is now up to you what to do. Take every opportunities that you know will make you benefit from it, and do not be afraid of risking if you know an action can lead you to something.
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
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 agree that investment in bitcoin you just need a lot patience
full member
Activity: 405
Merit: 105
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.

Bitcoin is open for everyone. It doesn't look at anyone's economic status in life. You can actually gain a profit in here and money whether you are rich or poor. As a matter of fact, mostly of the bitcoiners I know aren't come from rich family. They just do a really hard work in here and try to understand and study the blockchain and cryptocurrency like bitcoin and then boom they are now earning. It only prove that bitcoin is for everyone either you are rich or poor it will give you benefits.
sr. member
Activity: 952
Merit: 323
I think only smart and lucky people who can make profit from bitcoin. The number of capital is important in cryptocurrency investment but we can see that many people who loss their money in bitcoin investment. people who buy bitcoin at $20.000 expect that bitcoin price will keep going up but the fact is no. Bitcoin market is unpredictable and often surprises the traders. If you smart and have big capital then bitcoin market will provide many great chance for you.
member
Activity: 311
Merit: 10
Whether you're poor or rich, each of us have the right to earn and make profit from bitcoin and any other sources that gives profit. The only differential is that rich people can earn quick and big because they have the money to invest anytime they wanted to.
full member
Activity: 1526
Merit: 111
Pepemo.vip
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
full member
Activity: 163
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.
full member
Activity: 602
Merit: 100
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Not only rich people, for those who have intelligence, skills, and patience will benefit from bitcoin. Intelligence in crypto is very profitable, this will certainly be a way to be able to invest and do business.
jr. member
Activity: 224
Merit: 2
bitcoin isn't just for the rich alone, but to some extent for one to gain more in crypto you need to be whalish, and been whalish require one to have sufficient capital for crypto currencies investment, and that's where been rich comes in, but that doesn't mean one cannot begin with little capital. Smartness and full awareness of the market movement is strictly required in this game.
sr. member
Activity: 1936
Merit: 290
Bitcoin used not a limited people so everyone can be work Bitcoin and makes profit.in fact the rich people can be makes huge profitable because their investment, trading and holding amount more and more.so everyday people can be using Bitcoin their own life.
member
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There is no doubt about this, but I feel that almost all people are helped by the existence of bitcoin, of course those who have more money (rich people) who participate in bitcoin will benefit more.
in principle, anyone who wants to participate will definitely benefit.

This will really benefit the market and trade in a logical way. It really depends on the person in terms of wealth. For some, 10 btc is 100 btc for some. So I think everyone in this market will be rich.
full member
Activity: 2268
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There is no doubt about this, but I feel that almost all people are helped by the existence of bitcoin, of course those who have more money (rich people) who participate in bitcoin will benefit more.
in principle, anyone who wants to participate will definitely benefit.
full member
Activity: 1218
Merit: 105
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.
Agreed about that, and not just on investing because a person can also do some trading, hodling and participate on bounty campaigns to earn some Bitcoin or alternative Crypto Currencies to later trade it to Bitcoin on exchanges. And to add up, Bitcoin isn't created for investment purposes or similar to this because Bitcoin is created to simplify our digital monetary and payment system that doesn't rely on trust.
Nowadays Bitcoin become an investment medium because of its decentralized nature and no one controls it people learned that this technology could be a source of profit in the future just like what it is happening now.

bitcoin is a user friendly crypto and anyone can use it and make profit by trading.
its not only for rich people but also for poor.
there are many people who doing daily profit from bitcoin trading.
But to be honest, not every people in this world has given the privilege and the ability to use this electronic cash called Bitcoin because most of the people aren't technologically literate and doesn't have the ability to buy a smart or a personal computer to use Crypto Currencies and last but not the list internet connection is also required.
Daily trading is profitable if a person knows what he/she is doing but it is also risky and it won't guarantee a profit by 100% sure.  Cheesy
member
Activity: 490
Merit: 10
Everyone can own bitcoin but profit will be proportional to what you spend. The rich have more capital to invest, the profits are more. And they will also risk higher when the market goes down and if they lose then they also lose more. Everything is fair
member
Activity: 392
Merit: 11
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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.

Actualy bitcoin are not intended for the rich people,its also for the poor and those person who become enthusiastic to learn about crypto investment,so therefore its not true that crypto for those rich people only,otherwise its much great advantage to them to gain more profit than to us because they have more capital to investment into this crypto tefhnology system.
member
Activity: 938
Merit: 14
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Bitcoin is meant for everyone, either rich or poor. In order to earn profit from Bitcoin investment, it does not entirely depend on the amount being invested. What counts most is the ability of the investor to study and analyze the market trend in order to know when to buy, how long to hold and when to sell to make profit.
brand new
Activity: 0
Merit: 0
  I do not think the rich are the ones who invest in bitcoins because they can borrow to invest in bitcoins and then they become rich.
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