Who will benefit the most from bitcoin/cryptocurrency? - page 28.

Thecryptocurrency09

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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?

For now, no one does benefit a lot from bitcoin but does who are investing or simply revolving their money in bitcoin. Choosing to risk a lot from bitcoin made them gather so much faith and belief in bitcoin. With this, those who owns large deals that uses bitcoin made it possible for them to get through it more.

tkaush

newbie

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People who are rich and who has the ability to keep Bitcoin even in low market prices and Waite until the price increase because like most investing assets Bitcoin prices too changes so poor people cannot hold without selling due to unstable financial situations but rich can so I think most people who gain benefits are rich people because they don't have financial problems

Innerpumper

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We never know except by trying it. If he's really mean his results would be good. He could try from the most minor capital and trade altcoin good-value the cheap price for a hefty profit.

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Bitcoin can even provide big profits for small capital investors, provided that these investors must be really careful in doing and using trading strategies.

Tubig

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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?

As you can see when there's new ICOs some holders invests. Who benefits it? For me the developers/ businessman benefits more it is just like they are soliciting for their project and if the project becomes successful it will be a win-win project for the one who proposed the project ,the investors and also the campaign hunters that helps to promote the project.

Dread Pirate Roberts

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He must try it with minimal capital to adapt to the market if he wants to start entering the crypto market. and make sure he knows how bitcoin gets and the history of bitcoin and what to avoid in crypto and such. remember trading anywhere is not always profit. but experience its important thing.

Firefox07

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I think all people can benefit in bitcoin or cryptocurrency. Just like here in our place many poor people improve their lives because of bitcoin.

kendra1107

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When it comes to technology, I'd say most of us. Especially citizens of countries that have embraced crypto into their system. When it comes to profit, well, it's pretty easy to say that the big players will surely get most out of the crypto system.

agimat

newbie

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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?

For those people who only believed in bitcoin, for those people who want extra income and for the investors who gain income through bitcoin.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

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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.

this:

- lot of debts to pay
- wage job with a family of 4 to raise.

Is a big danger and requires a lot of responsibility. Is better your friend forget bitcoin for now

ratatat bangbang

jr. member

Activity: 308

Merit: 1

All of us can benefit bitcoin as long you know how to manage your investment. Investing bitcoin is not hard because it doesn't need high amount of money. It just a matter on how you fibd ways to earn more income then it will be added to your wallet. Its up to you what strategy you like to do just like holding or sell it.

Cryptominia

full member

Activity: 176

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I think those benefits most in bitcoins are the whales and big investors involved to this.Traders and people who know to grow their money here.
Just do a research and just only invest the you can afford to lose while learning.Their is a lot of things you can earn in the world of cryptocurrencies like joining the bounties campaign,and being a translator.

Eugenar

sr. member

Activity: 1274

Merit: 278

Investors are the ones who will benefit the most from cryptocurrencies. The increase on the market value of the cryptos give profit to the investors. Other kind of investments are having stable market value which makes the profit small. Users of crypto won't benefit that much because it is not yet legal to most of the countries.

batang_bitcoin

hero member

Activity: 3080

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Let your friend pay his debts first. It doesn't matter if he has no major investment, it's better to be debt free that to have major investments that came from debts.
The ones that will benefit most in crypto's are the ones that knows how to use it simply. Like I said, it doesn't matter if he has no major investment because bitcoin can be his major investment in the meanwhile and he can put 1%-5% of his salary if he can. The good thing here is he can buy with fractions.

The cure

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Activity: 448

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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?

Everyone can benefit from bitcoin because you can start investing even in a small or little amount. And if you have strategy how to earn more profit out of risky world investment then there is no doubt that your small capital investment will turn into big. Me,i start in bitcoin that my investment is my time and effort. I joined bounty campaign to earn and from that i was now able to invest in bitcoin. There are many ways to engage and benefit from bitcoin or cryptocurrency.

Cahndeso

member

Activity: 189

Merit: 10

I think everyone can benefit from bitcoin. If ur friend doesn't have money for buy bitcoin, u can suggest him to join at this forum (Bitcointalk) and join a campaign. But this work spends more time, but i think it's worth it.

crzy

full member

Activity: 2128

Merit: 180

Quote from: Wittycoin on August 03, 2018, 07:09:26 AM

The one who will benefit the most from bitcoin or cryptocurrency is the one who knows how to utilize bitcoin or cryptocurrency to be able to enjoy it`s future benefits.

Right because you can start here even without spending any capital. I have the same problem before, I have a lot of debt but because of cryptocurrency I am now debt free. Learn how to maximize this market, don’t be limited by anyone because cryptocurrency is for everyone.

Korkorjkk

member

Activity: 546

Merit: 11

Whenever you are investing, you should do that with your spare money so that you will not be very much affected if you lose your money. For someone like your friend, it will be difficult to get any spare money for investment and I wouldn't recommend he borrow someone's money to invest

tylerderden

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Activity: 1162

Merit: 1025

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?

If you ask me then I would say he should not invest in bitcoins as the returns are not guaranteed and the investment is very risky as if he would have invested in bitcoins back in 2017 end then he would have been in a huge loss and his debt would also have increased and with this he would also have been in stress and depression because he would think all day on how to repay the debt.

StImelda

newbie

Activity: 154

Merit: 0

Anyone can benefit or make money from cryptocurrency.But they should not come into the market with too much expectation, one could also lose money badly

Topic: Who will benefit the most from bitcoin/cryptocurrency? - page 28. (Read 3961 times)