Who will benefit the most from bitcoin/cryptocurrency? - page 26.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: Inkdatar on August 04, 2018, 06:06:46 PM

Quote from: bloodyvio on August 04, 2018, 05:24:53 PM

Bitcoin investment does not require a lot of money
even with $ 100 you can also invest in bitcoin
because bitcoin prices are volatility
it can go up instantly but it can also go down
but the main point of bitcoin investment is buy low sell high to take profit

I agree we can invest any at a small of amount that we can afford to risks. The volatile of price should know and understand by individual before investing. Since for some they are afraid to take the risks in crypto. So those who will benefit from bitcoin is the user itself.

Exactly.We know already how risky the investment so we should also take it one at a time.Invest only what you can afford to lose.I'm sure the investment will still grow even in just a short period of time.In the end,we will be the one to benefit the profit we will gained from it.

milandres0207

full member

Activity: 363

Merit: 100

Well, as I can see, the most benefited on bitcoin is those who hold in a long period of time and believing that the bitcoin will increase its price after a years. Also those who use it as payment, I personally use my bitcoin in different transaction too because through that i can earn money then.

SaiWAFU

jr. member

Activity: 193

Merit: 1

I don't think bitcoin was invented for a specific group or person only.

You can also invite your friend into cryptocurrency where he can do trading for earning. You can do trading with bitcoin as well but a lot of alt coin now has been doing well, so might as well try to invest in.

Inkdatar

hero member

Activity: 1582

Merit: 523

Quote from: bloodyvio on August 04, 2018, 05:24:53 PM

Bitcoin investment does not require a lot of money
even with $ 100 you can also invest in bitcoin
because bitcoin prices are volatility
it can go up instantly but it can also go down
but the main point of bitcoin investment is buy low sell high to take profit

I agree we can invest any at a small of amount that we can afford to risks. The volatile of price should know and understand by individual before investing. Since for some they are afraid to take the risks in crypto. So those who will benefit from bitcoin is the user itself.

korkor

member

Activity: 115

Merit: 10

Quote from: Impulseboy on July 31, 2018, 09:16:29 AM

Quote from: pooya87 on July 30, 2018, 09:34:49 PM

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 think his main concern at the moment is not having a lot of savings or major investments that if he gets into crypto he might lose the little that he's got. Yet he is also determined to invest in it because of the success rate he hears from people who got into cryptocurrency.

Looking at your friend's situation, he can invest in bitcoin but it will be a long-term investment with bitcoin. He can start with the little money he has. But it will be better if you help him to understand and increase his knowledge of cryptocurrencies first, that can help him get other alternatives to invest in.

Gypat

newbie

Activity: 112

Merit: 0

Whoever invest much will benefit the most. It takes only risk takers to benefit. We can't just assume particular group of people will benefit most from Btc because I don't think there is any policy in cryptocurrencies that favors anyone. It just have to be according to ones risk level

bloodyvio

full member

Activity: 546

Merit: 102

Bitcoin investment does not require a lot of money
even with $ 100 you can also invest in bitcoin
because bitcoin prices are volatility
it can go up instantly but it can also go down
but the main point of bitcoin investment is buy low sell high to take profit

bitcoindigger71

newbie

Activity: 266

Merit: 0

It is very risky to invest in bitcoin now because of its volatility. And since your friend has so much debt to pay, it’s better for him to invest in penny cryptos like stellar, ripple, cardano etc. Also, you don't need to buy a whole bitcoin but you may buy just a portion of it. Invest only what you can afford to lose. You need to have high patience and hold on to your coin long enough to see any profit.

OutlawFat

newbie

Activity: 19

Merit: 0

Everyone will who is patient and smart enough not to do any bad mistake. Otherwise, why get into it at all?

Apple Mac

full member

Activity: 264

Merit: 100

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 people who are the pioneers of this system cause they have the techniques and they know much about Bitcoin more than we do they are aware what would happened mext and how are they going to continuously grow with this platform and I think without us this is aldo impossible for them to make it especially we are the one who make the services know to public and the bitcoin hunters are manpower of this community.

dilemamis

full member

Activity: 247

Merit: 100

There are many opportunities here to make money, just have to put their own talents and work hard.

acreed

jr. member

Activity: 69

Merit: 1

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?

Everyone can investing in Bitcoin whoever they are, the different is only how much they buy bitcoin, more Bitcoin you buy more income you get, that's all.

Sanjida

copper member

Activity: 238

Merit: 0

In my suspect the investors of bitcoin will predominantly benefit from it.the sole occasion bitcoin is the foremost monarch for whole of cryptocurrency.most companies like It cause they will look for modern technology in mandate to upgrade themselves.

BTCCavalletto

newbie

Activity: 176

Merit: 0

I think investing in Bitcoin is intelligent. Anyone here can benefit from investing. But it is better to have ideas about the crypto market before investing. Because the crypto market is dependent on liquidity.

jemarleon

member

Activity: 420

Merit: 13

Silence

I think you dont know that you can buy bitcoin in a small amount of money, you dont need to buy 1 whole bitcoin to invest. I think if your friend really in need of money and cant afford to lose some he/she better not buy bitcoin because bitcoin is a long-term investment.

His/her option here to make money on investing is trading but it is risky especially if your friend dont have enough knowledge and experience on it. Somehow he can use this forum to earn some income in selling products or service if your friend skilled in using computer, he can also earn here by joining bounty campaign's there's a lot of opportunities here.

cryptocrabs2

newbie

Activity: 322

Merit: 0

BTC is for everyone whether he is wealthy or not. But with every investment, comes also the risk you know. If your friend is really determined about BTC then he must do some homework to know his risk, potential, fields to invest in BTC whether it is his savings or his valuable times. First, he should determine what he should do, then he can make a decision figured out of his own.

RehitUpon

newbie

Activity: 77

Merit: 0

I know that most of the people still thinks that bitcoin is only for certain amount of people who are rich but that is not it is for Eveyone maybe because of lackings at publicity it is not still famous among the common people but if one have the mental stability then can definitely perfect for trade on this place

Liza Soberano

full member

Activity: 134

Merit: 100

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 own opinion, making investments in bitcoin or any cryptocurrencies are very difficult to do because as we have known it is a very risky things to do. That's why most of us saying that involving here to invest money that you can afford to loose because we're pretty not sure if we can be a successful investors or one of the failure investors. However, in investing to bitcoin are very nice thing to do especially if we wanted some things to be better happened in our lives.

burnah0928

newbie

Activity: 294

Merit: 0

The investors of Bitcoin will mainly benefit from it. Starting might be tough because you need to learn techniques. You may start with a small amount of investment but when you are already equipped, you will eventually make that small investment huge.

iranman

newbie

Activity: 70

Merit: 0

It's the same bitocone for those who can afford it! But there are alternative ways of mining crypto, such as bounty and air drop companies, which I would advise your friend, of course, the profit here is relatively small, but you can still get to the right time, in the right place. It is worth trying otherwise, and it will not work!

Topic: Who will benefit the most from bitcoin/cryptocurrency? - page 26. (Read 3961 times)