Who is buying bitcoin and crypto

[BittyBatty]

Well educated or uneducated??

People that are smart and rich or people that are unproven and hoping to get rich quick

People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts


Just curious...

[NavySeals]

Both educated and uneducated people buy bitcoin. The educated people started to buy bitcoins in 2011, but I guess that uneducated people saw the opportunity in bitcoin in 2016 or 2017. Now, all of the people know the value of bitcoin, and buy it.

[Razick]

I can tell you from experience that people from all walks of life are buying crypto. Literally everyone is. Minimum wage workers, big businessmen and billionaires. And many poor people became super rich as a result. Such is the life of the one who invests early... and believe me, we are only getting started.

[shinratensei_]

Both educated and uneducated people buy bitcoin. The educated people started to buy bitcoins in 2011, but I guess that uneducated people saw the opportunity in bitcoin in 2016 or 2017. Now, all of the people know the value of bitcoin, and buy it.

No, But some people just get their luck to buy bitcoin in 2011, you must consider the price of bitcoin is very cheap and you are able to buy a lot of bitcoin with some dollars. And that is not caused by those people are educated person. Luck has a big role in this case.

[Jordan23]

Define "educated"

[Emoclaw]

Both educated and uneducated people buy bitcoin. The educated people started to buy bitcoins in 2011, but I guess that uneducated people saw the opportunity in bitcoin in 2016 or 2017. Now, all of the people know the value of bitcoin, and buy it.

Level of education has nothing to do with Bitcoin and isn't related to year of purchase whatsoever.
The majority of people who know about Bitcoin are holding some regardless of their education.

[Filmmmakerr]

Both educated and uneducated people buy bitcoin. The educated people started to buy bitcoins in 2011, but I guess that uneducated people saw the opportunity in bitcoin in 2016 or 2017. Now, all of the people know the value of bitcoin, and buy it.

False. I know many many educated people who simply weren't aware of bitcoin's existent. They still refuse to invest in it because its not their cup of tea, but these guys are making so much money (One is a chemist and the other is a brain surgeon) that nothing else matters to them.

But I think everyone with a sense can see that bitcoin has a lot of possibilities in the future. Its a great time to invest, in a few years from now it will be above $15K

[Cloud27]

If someone is well educated about bitcoin and know about the opportunity given by bitcoin, that individual surely will buy bitcoin. While if you are not educated about bitcoin and you do not know anything about bitcoin, surely you will not buy bitcoin, Any one can buy bitcoin if they know something special about it.

[szpalata]

If someone is well educated about bitcoin and know about the opportunity given by bitcoin, that individual surely will buy bitcoin. While if you are not educated about bitcoin and you do not know anything about bitcoin, surely you will not buy bitcoin, Any one can buy bitcoin if they know something special about it.

Everyone that knows Bitcoin has th potential to buy Bitcoin and I tots agree with you, it is not just bought by a select few but by the entire Bitcoin ecosystem. We've come to believe that buying and holding them is one surewsy of making us decent profits and so we are all buying for the right reasons.

[Remainder]

If someone is well educated about bitcoin and know about the opportunity given by bitcoin, that individual surely will buy bitcoin. While if you are not educated about bitcoin and you do not know anything about bitcoin, surely you will not buy bitcoin, Any one can buy bitcoin if they know something special about it.

Everyone that knows Bitcoin has th potential to buy Bitcoin and I tots agree with you, it is not just bought by a select few but by the entire Bitcoin ecosystem. We've come to believe that buying and holding them is one surewsy of making us decent profits and so we are all buying for the right reasons.

That is true, everyone who hold cryptocurrencies has an opportunity to become wealthy or to become more rich. I want also to hold more of this cryptocurrencies because of its value increasing everytime. I'm not also very educated to bitcoin because my knowledge now is just pure self exploration in cryptocurrencies.

[mrcash02]

Educated people are buying and uneducated people are buying being adviced by educated people. Unfortunatelly the uneducated people are much more exposed to scammers than the educated ones, so they can start investing in Bitcoins, but for negative purposes, like a Ponzi Scheme for an example. There are many people like that being guided by thieves on their countries.

[suryati]

If someone is well educated about bitcoin and know about the opportunity given by bitcoin, that individual surely will buy bitcoin. While if you are not educated about bitcoin and you do not know anything about bitcoin, surely you will not buy bitcoin, Any one can buy bitcoin if they know something special about it.

yes I agree with you if you know and understand bitcoin of course there will buy bitcoin because you know there is something valuable that you can get from bitcoin but otherwise if your education don't know and understand bitcoin then you also will not know there is a profit that can be got of bitcoin.

[pooya87]

Well educated or uneducated??
People that are smart and rich or people that are unproven and hoping to get rich quick
People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts
Just curious...

this is a weird question.
just like anything else in the world, a wide variety of people are buying bitcoin. in the early years bitcoin may have been restricted to the "nerds" but that stopped being the case after the first 2 years, give or take.
now people who want financial freedom, security, want profit, and .... are buying bitcoin. i can say all the different groups of people you have in mind have already bought bitcoin. specially the uneducated and get rich overnight type of people. and that is visible on the charts when a panic sell starts.

[Mpamaegbu]

Well educated or uneducated??

People that are smart and rich or people that are unproven and hoping to get rich quick

People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts


Just curious...

OP, those who are buying cryptos are not covered in the areas you pointed out. Your fulcrum of imagination didn't take you there. Where did you place that 12-year old kid millionaire whose granny gifted some dollar for his birthday and he invested all into Bitcoin? You see he isnt covered as an educated or otherwise. This is to show that we really can't know exactly the class of people buying and investing in cryptocurrency.

Anyway, for me I would say those who buy cryptos are just those who are Internet suavy and got fascinated enough by the weird thing called Bitcoin irrespective of their wealth, education or age.

[suvo05]

Well educated or uneducated??

People that are smart and rich or people that are unproven and hoping to get rich quick

People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts


Just curious...

Don't think uneducated people have good interested in buying cryptocoin . I have told about the bitcoin to some of my friends who are rich but less educated. They shown no interested in it. The increasing value of bitcoin in last couple of year have attracted many of them but they are interested in the value only.

[Kakmakr]

I would say, educated people from the middle income group to rich people. Most people will only invest in something, when they calculated the risks. To understand Bitcoin, you have to read a lot of information and you have to do some research, which will put you in the "educated" section of the population.

Most Bitcoin investors are also active in other financial sectors, so they are used to trading in commodities. ^smile^

The poor rely on word of mouth and this might cause a lot of confusion and trust issues, because they getting recycled information that are mostly unreliable.

[DoublerHunter]

The people who are buying bitcoin and other cryptocurrencies are the people who are late comers but they also believe that bitcoin can get them somewhere they didn't expect. Those people are just doubters in the past but now bitcoin prove them wrong and bitcoin made them eat their words so they are now buying bitcoin and hoping that the hope of getting to be rich is not yet gone.

[Apes]

Well educated or uneducated??

People that are smart and rich or people that are unproven and hoping to get rich quick

People that are adding meaningful value to society or People that are just piggybacking on someone else's efforts


Just curious...

not affected whether educated or not bitcoin makes it easy for users to trade as for trading types in all respects the rich or not at all is not the main thing to buy bitcoin units can get bitcoin for free

[bncbnc]

Educated people are buying and uneducated people are buying being adviced by educated people. Unfortunatelly the uneducated people are much more exposed to scammers than the educated ones, so they can start investing in Bitcoins, but for negative purposes, like a Ponzi Scheme for an example. There are many people like that being guided by thieves on their countries.

yes educated people have good sense that is why they are more easy to convenience about bitcoin as compare to those people who do not have any education. i do not think that educated people will not take any interest in bitcoin. it think that they will like to adopt bitcoin because bitcoin is the currency of the the new generation and they are really take more interest in bitcoin.

[yunita]

who buy bitcoin are the bitcoin users themselves that they use in buying and selling in the market to profit from the difference in price, for alcoin is also the same usually it is also a bitcoin users who deliberately buy to get bitcoin from the sale and purchase altcoin