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Topic: Who will benefit the most from bitcoin/cryptocurrency? - page 13. (Read 3959 times)

sr. member
Activity: 644
Merit: 250
I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?
Anyone can benefit from Bitcoin. You don't need to buy 1 Bitcoin in a single transaction. You can even buy for $20 every payday. Having a money to invest is an advantage. Having an investment in Bitcoin is a choice, it should never be an excuse even if you have a minimum salary.
newbie
Activity: 59
Merit: 0
Cryptocurrency is that kind of thing here any one can get lot of opportunity but only those can grab those opportunities who understand it very well and those people become benefited most.
full member
Activity: 616
Merit: 100
every people can join with this world, by investing bitcoin and trading some bitcoin with some money every people can do that. but if you invest and trading with small amount of money you will get small profit and low risk, but if you investing with big amount of money your opporunity to get big profit if high but you will get the high risk to
newbie
Activity: 68
Merit: 0
In the world of crypto currency those people benefit the most who understand the market and gain a deep knowledge about crypto and also has a good knowledge about timing.
full member
Activity: 378
Merit: 101
Rich become always richer. Because they no fear of losing money. No Investment is risk free. Crypto is not different. For a example I didn't invest any money on crypto. I earn crypto by Bounty & Airdrop. Now I have no fear losing of money. So , If some one get fear to invest so try to spend time and earn free crypto and play with this.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?
when I first heard Bitcoin, I was interested and wanted to focus on Bitcoin, but I doubt because my fate was almost the same as your friend, a lot of debt and no savings, but then I thought "do I want to continue like this", then I dare to borrow more money from the neighbor to buy a laptop,
and now that I've been able to pay off and have some Bitcoin, I think you have to tell your friends to do what I have done but remember once again every risk of self-responsibility.

the conclusion is Bitcoin for everyone who really focuses and want to work hard on it...
full member
Activity: 457
Merit: 100
Anyone can invest in Bitcoin even if he/she is has not that much money but it also carry a risk because Bitcoin price is very volatile so better tell your friend to research first before investing in Bitcoin. It doesn't need that much capital to start with but the higher investment you made the higher the profit will be but it also takes time to get that much profit.
everyone who invests using bitcoin. but must be careful in investing sometimes the market price falls and sometimes the market price rises. if the market price rises that's where everyone who invests using bitcoin will get a lot of profit if he is smart in investing.
full member
Activity: 350
Merit: 100
between bitcoin or cryptocurrency, the most advantageous in my opinion is the investment, they are lucky to know both of them .

yes it is clear that the first to get profit is the bitcoin holders, because you are investing in the crypto currency, and government banks will also get benefits for free only from the taxes they charge to bitcoin holders when you exchange into local currency
jr. member
Activity: 125
Merit: 2
There are several of us who got into crypto with very low amount of money. I don't think you really should have huge sums before you start to invest only if you believe in crypto that good investment will bring you some profits. Many even started without having to invest with their own money. Afterall there are several means to earn in crypto.
newbie
Activity: 14
Merit: 0
You and only you. If you have the best crypto, which for me its AML BitCoin you will be just fine since this crypto cannot be hacked.
hero member
Activity: 840
Merit: 509
Humanity.

It's about time we got away from state-issued currency and one that frees us from their control. I don't think bitcoin is perfect as it is currently but I believe it can adapt to become a better one, or at the very least will be the catalyst or influence for a new type of currency in the future that will hopefully become dominant or at least widespread across the world. 
jr. member
Activity: 70
Merit: 1
of course those who have the right strategy and bitcoin holders who buy at low prices as they are now and sell it again when prices rise, so that he benefits from bitcoin

Everybody actually can benefit with bitcoin and cryptocurrency. The people, the economy the bounty hunters, the investors and anyone who is willing to learn crypto. Depending on your hardwork and capacity.  It is not limited to just a certain person but to all.
newbie
Activity: 119
Merit: 0
Both the users and the bitcoin or crypto because you earn through bitcoin and bitcoin will be famous as well. You will earn bitcoin if you work hard and you have wellingness and interesting in this field but if you work lazy and just wait to earn, it's not good. You won't earn anymore.
member
Activity: 117
Merit: 10
a lot of individuals who benefit are those who are able to make investments. Your friend can start making an investment even in small amount most effective. He may additionally don't forget additionally becoming a member of campaigns where he can earn cash so he can afterward invest higher. there's desire if he'll additionally persevere.
jr. member
Activity: 266
Merit: 1
Since bitcoin became successful for the past decade. Most of the investor or coin owner already benefit with bitcoin. Many became rich and helped others with it. Lots of companies became successful with their mission.
jr. member
Activity: 154
Merit: 1
Bitcoin is good for those who took the risk and bought it, and is useless for those who chose not to take any risk of getting it Wink
I would agree. But it's a risk worth taking, because with the right mindset and plan you can earn big
copper member
Activity: 308
Merit: 1
Veil
The people that will benefit more from bitcoin and cryptocurrency are the patient ones, those who understands the working of the crypto market, the holders etc.
member
Activity: 714
Merit: 14
I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?
Bitcoin is meant for everyone in order to patronize goods and services online. Also, with its investment, you get to hold BTC equivalent to the capital in possession. What matters is patience and knowledge. You need to study the market trend and know when to buy and when to sell.
newbie
Activity: 29
Merit: 0
The people who benefit from bitcoin cryptocurrency are those who invest in it and wait patiently,and it takes people that has great idea and nice concept about bitcoin, people who know about trading, and other factors.
member
Activity: 280
Merit: 10
unlike any other asset which requires a large investment, you can always buy small amounts of bitcoin.
for example you can not go to a stock broker and buy $10 worth of stocks! they wouldn't even let you and laugh in your face. or you can't go and buy $10 worth of gold, that is physically impossible.

  • but you can buy $10 worth of bitcoin

whether one should invest in bitcoin or not is another question. it is a risky investment and some people don't like taking risks under any circumstances and the market fluctuations can ruin their sanity specially someone who is already in debt.


I absolutely agree with you. Cryptocurrency is a great way to invest money, even if there is very little money. I also started investing at a time when there was not much money in our family, and we lived in a rented apartment. But my husband and I risked and invested about a year ago all their savings. And we do not regret it! Because now we are already living in our apartment, thanks to the cryptocurrency)))
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