What do you think only the rich can make profit from Bitcoin? - page 7.

yulionoo

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Quote from: A.H.Rassel on November 01, 2018, 02:27:15 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 really OP I agree with you. bitcoin is not only for rich people. poor people can invest in bitcoin. he can buy bitcoin in small quantities or satoshi. the important thing is that people want to be patient because small investments must take a long time to become big.
and if we don't have the capital to start a bitcoin investment we can start by participating in the bounty campaign project. we work on campaign assignments and at the end of the campaign we will get paid. and we can exchange small amounts of these tokens with bitcoin.

TheKeyLongThumbI

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This is not true but we all know the rich people has more chances of getting rich in this market. They have much more knowledge when it comes to economics and connections with people who can manipulate it. While us average traders are just betting and wishing to anything that we'll get rich.

cryptoblue77

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It is not that only rich can make profit from bitcoin, anybody can make profit with a decent investment, the main thing is you have to enter the market in the right time, when the market is down, and sell when it is high. In this way, i gained some profit.

Tomcolor

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Quote from: PeRo on November 01, 2018, 03:20:14 PM

Of course not only the rich people can make profit. Poor or less financialy stable people can make money trough Bitcoin. For an example I have made some decent amount of money from pretty much nothing because I didn't have the money to buy and trade Bitcoins. But it is also true that rich people make a very larger profit because they have more money to invest. Only the intelligent and smart can make more profit than them.

You are right opinion because every people used Bitcoin without limitation. Trade,Investment makes doing benefit can be everyone. If people want to use Bitcoin then can do it without any reason.

sirohige

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I think not only rich people can benefit from bitcoin but many people who previously did not have a lot of money and by doing cryptocurrency trading and learning good ways to trade in cryptocurrency so he could get a huge profit.

yndye

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Quote from: A.H.Rassel on November 01, 2018, 02:27:15 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.

This is the beauty of bitcoin because one can take advantage of earning profit from bitcoin whatever your financial state is. Whether you have money to invest on it or you have the time then it would be your choice if you want to earn bitcoin. Other investment vehicle requires a large amount of money before you can invest on it whereas when it comes to bitcoin, even if you only have a small capital, there is still an opportunity for you to earn from it. If you don't have the money then you can just participate in campaigns and earn bitcoin still. The difference is that time is what you invested and energy and not money.

DoublerHunter

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Well as of now, the market is dump and the only people that can make profit from bitcoin are the rich people because they can easily make a manipulation to the market like pump it for a while and let people get caught in that mini hype and they will sell their cheap bought bitcoins and make profit and repeat the cycle.

vickson226

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A person who will invest in Bitcoin can earn profit in crypto currency market either he is a rich man or not. Amount does not matter for investment. But some big investors are the main players of the market and their big investment also effect the trend of the Bitcoin market. Small investors can earn only with the market demand and in bullish market.

marcbitcoins

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This is not true but all investments are not for rich people only specially Bitcoin. There are lot of people that their lives have changed to prosperity by joining Bitcoin investment like me in which i did not use any capital but i just joined the bounty that after earning i start to study on how to trade using my earnings in the bounty that after the series of hard works and patience then i was able to build my own house last year.

goldSkylark

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Quote from: JPSelzer on November 01, 2018, 06:12:15 PM

Yes, we can say that the rich and the poor have equal opportunities to increase their capital. But the main difference between them is the time in which he can achieve it. The poor will be more difficult and he will spend more time on it.

Exactly. Of course the more money one invests, the higher the profit. A person with more money, will of course have a bigger yield. But just like what you said. Everyone has equal opportunity. So crypto should be for everybody. It should not discriminate, right?

aray80

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That's not true, because bitcoin is also open to people who aren't rich, because apart from mining, and trading, we can still have bitcoin from following Airdrop and bounty campaigns through the bitcointalk or other similar sites

gesdan

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any people can make a profit from bitcoin, What do you think only the rich can make a profit from Bitcoin? this statement is not true and is not false, if the rich people have the big capital, they can get more profit than the other people, but it not guarantee that they always make a big profit from that capital

Vickyrichy

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Quote from: A.H.Rassel on November 01, 2018, 02:27:15 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.

In terms of bitcoin investment, I believe the huge your money, the more profit you are likely to acquire. Someone who investment $1000 in Bitcoin is likely to make huge profit than the one who invested $100. Looking at it from this option, I can say bitcoin investment is somehow for the rich and not the poor.

jonsky05

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Quote from: A.H.Rassel on November 01, 2018, 02:27:15 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 bitcoin is not for the rich people only because many in crypto that starts in nothing but if you hem now they get rich because of bitcoin or cryptocurrencies. Its depends to people and their knowledge about bitcoin . And also depending to how you manage your funds to make it grow.

messito

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I personally know for myself that thanks to Bitcoin, absolutely everyone in the world can earn money, whether you are rich or not. This is a unique opportunity to become richer for each person.

SlickMoTwoToe

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Quote from: A.H.Rassel on November 01, 2018, 02:27:15 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.

No bitcoin is for everyone you don't need to buy 1 bitcoin just buy what you can afford, I know many poor people before became rich now because of bitcoin because they believe that blockchain is the future and bitcoin would be the simgle currency that will be used all over the world they always said to me to see is to believe.

aliceHortrex

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Quote from: A.H.Rassel on November 01, 2018, 02:27:15 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.

Bitcoin is used mainly by smart and progressive people, as it requires some study of the theory and no less detailed practical application. Those who do not develop and do not follow the trends will then catch up with the departing train but it will be too late - all the cream is removed now.

dimox

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no problem. and im sure every people here for the first time join is nothing, or rich in small scale.
every people can make profit for themself, its depend how many your fund, expert, and how brave you are to take risk. and the rich begin from zero. so, for newbie, just relax, they need more time here. the different lies in how long you fight in crypto

Rhesie

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Rich people or even not rich make a good profit in bitcoin. It not depends the status in life but it depends if you have a capital or money to invest. Now a days, rich people get a high profit because they were the people who had an extra money for capitalization.

radjie

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Quote from: A.H.Rassel on November 01, 2018, 02:27:15 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.

whether it's a rich or poor person, of course, bitcoin can be felt by anyone who uses it, who distinguishes only the benefits gained, rich people are more willing to spend big capital so that when they make a profit they can make a bigger profit.

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