Topic: Who will benefit the most from bitcoin/cryptocurrency? - page 18. (Read 3959 times)
The answer is simple, the one who will benefit the most from bitcoin/cryptocurrencies is the one who buy the bitcoin at the beginning prices, and then the one who can predict the price of bitcoin it self. But, you should understand that the purpose of bitcoin has been made is not for investment. Bitcoin is a thing or technology that will be usefull as a currency, rather than using a cash.
The believers that started early will benefit the most having acquired them at a lower price. Buying now will ensure investors have a chance to hold some bitcoin before they price really goes out of reach. Average joe with 4 kids can still buy in, their kids will thank them for it
Bitcoin is for everyone, but truly who knows how the Bitcoin or cryptocurrency works in the exchange market would benefit from it a lot. The value of Bitcoin may rise and fall and so this determine the decision if you would invest from it or not.
Those who knows the use and benefits of Bitcoins are most likely would benefit from it. Out from that they could have an idea when it's the perfect time to use it as investment or exchange it with cash when the value is high or use it as a career to earn money.
Many of those who benefit are those who are able to invest. Your friend can start investing even in small amount only. He may consider also joining campaigns where he can earn money so he can later on invest better. There is hope if he will also persevere.
I think that traders and large companies will benefit much but it is unpredictable because the crypto market is risky and it always not predictable what will happen next, To my mind, this is the best way to earn for everyone
besides of trader and large companies, every people which have cryptocurrency/bitcoin and altcoin, they will gain the benefits and they can sell their coins to take the profit. but this only works if the price for every coin is increased and no one gets stuck because they buy at the higher price so they can sell their coin at any high price. I think this moment will come to us so all of us who get involved in the cryptocurrency will take the advantages from the increasing of the price.
If a person is good at trading crypto currencies whether it's day trading, arbitration or anything else similar to what I have mentioned they will surely benefit from crypto currencies and if a person is good at hodling crypto currencies and lucky at predicting the price or what will happen those people will surely benefit from it. Actually, there are a lot of people that get benefit from crypto currencies and it is too long to mention all that's why I'm only telling some of it. Like what I said from my other replies, Knowledge is power and if you can use it in the right way you'll surely benefit from it.
Looks like this is a very dangerous thing, because in a trading system if you only think about profit without seeing the risk of a volatile price is very dangerous, I myself do not recommend for money that is still used for the road in bitcoin trading, why is that? because the price movements of both bitcoin and cryptocurrency are very large.
of course the most advantageous is the person who manages cryiptocurrency. and people who plant shares, bro. because the price drops and the movement to go up is very slow. if we buyers can only be patient and see the deteriorating market situation without any benefit ..
Bitcoin is for everyone regardless of the status, age and gender. Even with the jobless and no capital but is very diligent and believe in bitcoin they can benefit in it. My friend has started in bitcoin with no money at all to buy but he works on a bounty campaign and other ways to earn a bitcoin. Now he has a large sum of money in his account.
nice
I'm similar, I started from practically nothing from non-kyc airdrops/giveaways/small amounts of mined altcoins etc , though my portfolio isn't huge yet, it's developing very nicely
those who learn about it
those who preserve their privacy and security
... in terms of fiat value in your original question; there are other methods of acquiring crypto, even exchanging your skills for crypto directly, free airdrops, mining small amounts of low difficulty coins. I believe we will see more of this as time goes on and more fiat currencies/central banking policies continue to fail or hyper-inflate
They shouldn't look at it as an investment opportunity, they should learn WHY bitcoin came about and how money/society came about.. the investment opportunity is just a by-product of it
those who preserve their privacy and security
... in terms of fiat value in your original question; there are other methods of acquiring crypto, even exchanging your skills for crypto directly, free airdrops, mining small amounts of low difficulty coins. I believe we will see more of this as time goes on and more fiat currencies/central banking policies continue to fail or hyper-inflate
They shouldn't look at it as an investment opportunity, they should learn WHY bitcoin came about and how money/society came about.. the investment opportunity is just a by-product of it
Bitcoin is for everyone regardless of the status, age and gender. Even with the jobless and no capital but is very diligent and believe in bitcoin they can benefit in it. My friend has started in bitcoin with no money at all to buy but he works on a bounty campaign and other ways to earn a bitcoin. Now he has a large sum of money in his account.
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?
There are many ways to have or earn bitcoin. Like me I have started using crypto currency from scratch I have no money that time because I'm just at home and taking care of my child. At first I just join sites that gives free BTC everytime you solve a captcha, those free faucet sites gave me opportunity to have bitcoin. Maybe now it is hard to earn that way, so I search for more ways to earn. Luckily I got some friend who already on bitcoin and they teach me how to earn in joining signature campaign and bounty (including free airdrops).
All will be benefited just be hardworking and have patience.....
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?
If you're friend is looking for a large-scale return of investment then i'll say bitcoin is not for him. But should he be hoping to buy a small amount, let it sleep for years in hopes that one fine day his $10 bitcoin be worth a hundred , then that is a sound plan.
As much as bitcoin opened a new market possibility that breaks investor's capacity and allowed virtually everyone to participate in its economy, the financial gain is always proportional to the amount of investment making the more capable profit substantially more in short term.
But as you stated, i recommend your friend to steer away from investing (either in bitcoin or any other assets) until he is financially well.
The biggest beneficiaries of Bitcoin and Cryptocurrency are the investors. When they invest in either Bitcoin cryptos or ICO projects, they all enjoy a large share of the value of the cryptos. Without stopping, investors are very much in the business. Experiment. Investing in cryptos or Bitcoins has advantages for both buyers and sellers.
all people in the world can join in the investing or the bitcoin world, there are no restriction for specific people, but you need to know is when you investing in bitcoin without any capital you will get the low profit, so if you want tog et big profit without capital you should find another platform
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?
in bitcoin theres no minimum investment thats why you can start with a small amount every time they got their salary.me every time i got salary i invest 10% to bitcoin and now i got a huge number of bitcoin.
Me as a mother bitcoin benefits me as a part time job.It helps me a lot due to my salary is not enough to sustained everything we needs from my family.It is also teach me how to manage my finances and save more than spending.
So you mean Bitcoin really helps you in your daily life to make a living for your daily expenses.
That's the amount of Bitcoin that is very much and wants to be owned by many others. It's natural that he has that much because he has a very important role in creating Bitcoin.
Actually, everybody can benefit from it. It is not only meant to be used as a currency. Bitcoin is also a connector. I will be used to buy and sell goods worldwide. Some people say that it is the future of our world. For now, people can buy it and profit when the market goes high. It can also be used as a said, as something that unites communities. We are here chatting thanks to bitcoin. The benefit will be high in the future.
Even if you do not have a big capital now to invest in bitcoin, you can still try to buy what you can only afford for now. And yeah there's no doubt that people who have big investments in bitcoin will benefit a lot. But it's not to late why don't you advice your friend if he is not so busy he can try doing bounties here on forum and earn rewards where he can use as a capital in investing on bitcoin and other cryptocurrencies.
Me as a mother bitcoin benefits me as a part time job.It helps me a lot due to my salary is not enough to sustained everything we needs from my family.It is also teach me how to manage my finances and save more than spending.
So you mean Bitcoin really helps you in your daily life to make a living for your daily expenses.
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