Topic: What do you think only the rich can make profit from Bitcoin? - page 14. (Read 3007 times)
November 02, 2018, 01:34:26 PM
Well, for starters, you need to have enough money to spare before getting into bitcoins. This is something that poor people can't afford, so in this case, only the rich can start using bitcoins. I think this is where it came from, and honestly I can understand. As someone who struggled to save enough for myself by working hard, joining the crypto world is a big achievement, but for poor people, bitcoins is only going to be a thing they've heard about, not something they use.
November 02, 2018, 01:28:32 PM
Yes, it is not only the rich that trades and make money in bitcoin and other cryptocurrency trading. Bitcoin is decentralized to allow both the rich and the poor to have access to bitcoin. I believe that the rich may have one or two advantage over the rest because they have fund at their disposal. Take for instance I may have a liitle money which i can afford to lose and i invested in bitcoin and then waiting for the profit to show up but instead of the market going up it now went down and if i do not want to lose my money I will wait but the rich guy will bring in extra money and buy at the market rate and once there is a reversal in price he is already in profit while his first investment is still open. That is how the rich makes more money in the crypto trading.
November 02, 2018, 01:25:55 PM
everyone can make profits from Bitcoin not only rich people. I've seen some people who only have a capital of $150 make a profit of up to 1 Bitcoin in 3 months, from there I think that the right decision is the most decisive thing we get to profit from Bitcoin not social status.
November 02, 2018, 01:23:15 PM
Of course, investing in bitcoin is not just about putting a lot of money into it and it will help you make a profit. It requires you to know how to handle every market situation. Sometimes greed will make us lose everything. In fact, I find that investors with small capital, they still earn huge profits because they have effective strategies to invest with the changes in bitcoin prices. That is the smart way to invest.
November 02, 2018, 01:12:17 PM
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 that a person who owns at least a small part of Bitcoin is already rich. This is my personal opinion and I strive to purchase at least a small percentage of this great coin. 
November 02, 2018, 01:03:32 PM
I think it just depend on your knowledge and research about crypto. Even though the rich has opportunity to make good profit. Also ordinary man can make profit even with the little cash. It's just a matter of knowledge and research.
Yes, I agree with your option that most of the people are jumping just saw a news and buy or sell his coin. It's not the right way and everyone needs his own research, proper investment strategy. Rich peoples earn a lot of profit because they have more money to invest and they are following the market trend. November 02, 2018, 12:52:56 PM
make a profit? let's think more broadly
to benefit from bitcoin requires a large amount of funds but not for altcoins, there are one hundred or more altcoins with prices that vary in the range of $ 0.01 to $ 1, you can analyze determining the deposit for altcoins potentially to get bigger profits
to benefit from bitcoin requires a large amount of funds but not for altcoins, there are one hundred or more altcoins with prices that vary in the range of $ 0.01 to $ 1, you can analyze determining the deposit for altcoins potentially to get bigger profits
November 02, 2018, 12:47:01 PM
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.
yes, that's right, bitcoin can be useful for anything in getting profit. Bitcoin in my point of view is to be a facility, the rest is how we use facilities like this to generate profits. but unfortunately the use of bitcoin has also been miss used by hackers
November 02, 2018, 12:32:34 PM
I think even rich people can lose a lot of money on Bitcoin investments.
This is a very dangerous business and a very small circle of people earn from investing in Bitcoin
ha ha also i think most of the rich people lost to investing in Bitcoin. This is a very dangerous business and a very small circle of people earn from investing in Bitcoin
Bitcoin is not more advantages for some particular peoples. It's similar for everyone and this is same opportunities to rich for all.
Rich man can big investment for making huge profit that's it.
Well rich people can afford to put in a big amount for their capital regardless of the risk in the outcome. And the bigger the initial fund, of course the bigger the return. That's always been how it is for investments. But that doesn't mean that those that start small can't go far. Many success stories started from the bottom.
November 02, 2018, 12:31:26 PM
Well, to trade bitcoin you need to buy them and with smaller buys and ups/downs, you will make small profits. So its a saying that rich can get rich with gambling but people need to understand that its a high risk move.
November 02, 2018, 12:14:57 PM
I beleive Bitcoin was made for everyone to use it equaly, not just for rich people. And not only the rich are making the profit out of it. Of course if you invest more you have better chances for biger profit but you could also lose more.
On the other hand you can start making money with Bitcoin with small investment that you can afford.
Bitcoin gives choice and opportunities to everyone and that is one of the most valuable feature of Bitcoin as a cryptocurrency.
On the other hand you can start making money with Bitcoin with small investment that you can afford.
Bitcoin gives choice and opportunities to everyone and that is one of the most valuable feature of Bitcoin as a cryptocurrency.
November 02, 2018, 12:00:50 PM
I think even rich people can lose a lot of money on Bitcoin investments.
This is a very dangerous business and a very small circle of people earn from investing in Bitcoin
ha ha also i think most of the rich people lost to investing in Bitcoin. This is a very dangerous business and a very small circle of people earn from investing in Bitcoin
Bitcoin is not more advantages for some particular peoples. It's similar for everyone and this is same opportunities to rich for all.
Rich man can big investment for making huge profit that's it.
November 02, 2018, 10:26:37 AM
Bitcoin's profits are not only for rich people. but the benefits of bitcoin are only for a few people below:
1. those who have the will to succeed
2. those who work hard and always optimistic
3. those who believe in bitcoin
4. those who always observe every market movement
5. those who always prioritize bitcoin.
6. and those who are always disciplined and always pray.
1. those who have the will to succeed
2. those who work hard and always optimistic
3. those who believe in bitcoin
4. those who always observe every market movement
5. those who always prioritize bitcoin.
6. and those who are always disciplined and always pray.
November 02, 2018, 10:25:15 AM
that's really true bro. because rich people have large amounts of capital. so they can play the market conditions as they wish bro. if there is a loss they can hold and not sell their assets until the price rises again.
because they still have other reserve capital
Well it is our choice we could also hold our Bitcoin when the price drops down,because they still have other reserve capital
We just have to keep on holding it is also our fault if we couldn't hold it because we need some funds,
We should always remember to invest only what we could afford to lose so when the time comes we wouldn't have a problem and our investment wouldn't be in the line.
November 02, 2018, 10:14:33 AM
that's really true bro. because rich people have large amounts of capital. so they can play the market conditions as they wish bro. if there is a loss they can hold and not sell their assets until the price rises again.
because they still have other reserve capital
because they still have other reserve capital
November 02, 2018, 05:35:19 AM
Everyone could earn in crypto or Bitcoin not just the rich people.
It doesn't matter if your invesment is small if we are talking about profit any amount of investment could make a profit ,
Just don't expect to earn a big amount of profit from a small investment.
It doesn't matter if your invesment is small if we are talking about profit any amount of investment could make a profit ,
Just don't expect to earn a big amount of profit from a small investment.
November 02, 2018, 09:56:50 AM
bitcoin can be bought for any amount. no matter who you are. because the crypto becomes a part of our life. and soon everyone will have to work with it.
November 02, 2018, 06:06:20 AM
I don't think its only for the rich but for all people who love and knows bitcoin. You don't need to be rich just to make profit in bitcoin in small or big investment.
November 02, 2018, 05:24:41 AM
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.
Yes you're right. Crypto is not just for rich people. Crypto is open is ooen for everybody lije rich or poor, young or old, male or female. It does not require money, it just need your time, attention, your knowledge and willingness to learn. It also does not require a place, coz we can do /work in crypto anywhere.
November 02, 2018, 05:19:20 AM
As a matter of fact, a large percentage of the people involved with Bitcoin is not filthy rich. Loads of middle class and even poor people are invested in this technology, because they want to become filthy rich. Things like Stock exchanges are designed to serve the rich and they usually place some barrier to entry for the middle class and the poor. 
The super low fees also puts more money back into the pockets of people using it for remittance. 
The super low fees also puts more money back into the pockets of people using it for remittance.
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