Who will benefit the most from bitcoin/cryptocurrency? - page 19.

Karie_Legend

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Quote from: Saveplus on August 21, 2018, 09:52:00 PM

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.

Saveplus

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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.

dongyi17

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Quote from: Impulseboy on July 30, 2018, 08:05:40 PM

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 my opinion i suggest focus in their job, and don't risk her/his money in cryptocurrency specially she/he have debts and need to raise her/his family. Because we don't know what happen in the future, What if his/her investment does not work or failed, what happen in his/her family?. I also suggest pay the debts first as possible as he/she can then save a little money and used it for cryptocurrency or he/she can try to join bounty campaign that way she/he got a chance of having a profit and start investing if.she/he had enough.

aileenc

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Anyone will benefit if they have the patience for money investment.

Flor1982

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Quote from: Impulseboy on July 30, 2018, 08:05:40 PM

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 for everyone but its just give more benefits and deeper meaning for those in need because they have already a financial problem that need to be address in which was solved by Bitcoin but actually the bigger the capital it is will be the bigger of possible earnings which is very effective to any kind of investments.

abanansah

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Bitcoin is not suppose to be recommended to newbie without a technical and the risk level of it as a form of investment. Recommending bitcoin at let say 8000$ and a friend invest in it , if it start getting to 6000$ for about 2 months while he still holds his bitcoins, how will he feels? and if it never rise back to 8000$ then it means that he is going to be disappointed.

maydna

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Quote from: loveinberlin on August 21, 2018, 06:02:29 PM

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.

loveinberlin

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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

bentong talong

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Quote from: axxo on August 20, 2018, 06:40:19 AM

Actually bitcoin can be purchased even in a small amount of money we do not need a huge amount to be able to investment in bitcoin. We just need to manage our investments to be able to earn a higher profit.

I agree with you, in that case, those people who are smrt in regards of investing their money will benefit the most. If they purchase bitcoin in a small amount and they chose to hold, they will have a high profit.

kelenikels

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The people who are benefited the most from bitcoin and cryptocurrency are those who are risk takers. The people that will be able to make up the future of crypto technology and the society of modern investment.indeed, to invest in bitcoin or cryptocurrency does not have to have large capital, it must be remembered that investing in bitcoin or cryptocurrency must be patient and take a long time to get results.

brooklynian

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Those who will benefit mostly from bitcoin are the ones who can afford to invest into it, no matter how little. The competition is very high nowadays so there seems not to be any free bitcoin again. Let your friend get himself familiarized with cryptocurrency so that he can invest without delay once he has any spare money.

Ucy

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Compare rates on different exchanges & swap.

Well you don't need to be wealthy to invest in Bitcoin just as you do not need to be wealthy to own a bank account... All you need is to buy the amount you can afford and you can withdraw it whenever you want.

Ask your friend to learn Cryptocurrency trading.. .It's one of the best ways he can increase his investment in crypto World. The good news is he can start trading with as little as, $50, $30, $20, $10, even $5

isllander

newbie

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You need to start from any level. It's bad. The bitcoin is designed to change the look of the person himself. Clear analysis plus the desire to change.

Yadamosan

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Quote from: Impulseboy on July 30, 2018, 08:05:40 PM

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 other term your friend will also benefit on the bitcoin or cryptocurrency because he's also getting bitcoins; on the other hand the people who will benefit the most is the major investors or what I'm saying is the investors who invest the most because, when they can afford much bitcoins their money will grow faster more than your friend so on the other term they both have benefit on bitcoin or cryptocurrency because they're both have bitcoin they the people who will affect the most is the one who invest a bigger amount of money but advice to your friend that have a permanent job because we don't know when will bitcoin going down.

Cinemo

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Quote from: Impulseboy on July 30, 2018, 08:05:40 PM

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?

of course the only one who got a benifit from crypto are the people who invested a lot of money when the value of cryptocurrency is too low and i am sure that they will get a lot of profit when the cryptocurrency goes up to high .

Naginiya

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Bitcoin investments are for experts and not for panic sellers or buyers and if someone doesn't have those qualities then better to move for other investment options because many newbies are coming and going after loosing there money in exchanges due to lack of proper research about the investment they are going to do in the crypto market. Unlike other investments the crypto market has huge price variations in a short period of time so one mistake can be turn into a big loss instantly so the investor should have a thorough knowledge about many things

djmixen

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Those who invest are the one who will be benefited on bitcoin and if one person want to invest on it they need to have a savings or else teach them how to earn through bitcoin so that they have a bitcoin savings and become one of the benefits once the bitcoin price increase its value.

mackenzie5

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The invester will benefit the most from bitcoin or the crypto currency. Bitcoin is a new form of economy which can operate world wide for the benefit of the global community.Its features are very attractive to the global investors.Bitcoin is a modern economy and which is totally against the current economical concepts and it is linked with the modern technology.The block chain technology is linked with the bitcoin which the security systems of the net work.Due to the above features bitcoins popularity is widening world wide.

Dadaro

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everyone will benefit from cryptocurrency. there are many advantages to it, from fraud because it cannot be counterfeited, Identity Theft, when you give your credit card to a merchant, you give him or her access to your full credit line unlike in crypto when you pay using it, after the transaction, there is further information. Immediate Settlement, Access to Everyone, Lower Fees and MOST IMPORTANT YOU OWN IT!

Sinancre

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These are people who own large quantities of bit containers. As a result, they can raise or lower the BTC / USD rate on any exchange more or less at will. If you and your friend share only that amount, then follow her. Yes, it's risky, but it's worth it if bitkoyn picks up time. This power can be used to influence market volatility to their advantage.

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