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Author Topic: Who will benefit the most from bitcoin/cryptocurrency?  (Read 3857 times)
bloodyvio
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August 04, 2018, 10:24:53 PM
 #121

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

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August 04, 2018, 10:34:56 PM
 #122

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
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August 04, 2018, 10:55:51 PM
 #123

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.
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August 04, 2018, 11:06:46 PM
 #124

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.
SaiWAFU
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August 04, 2018, 11:23:15 PM
 #125

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.
milandres0207
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August 04, 2018, 11:32:35 PM
 #126

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.
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August 04, 2018, 11:34:14 PM
 #127

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.

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bethooven
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August 04, 2018, 11:37:17 PM
 #128

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?
Ofcourse he can just put hardwork on this like joining bounty campaign became a moderator in telegram and the same time learn on how to do trading this will give profit and at the same he can pay his debt with the help of this but all of this you must learn from the basic just trust on himself that he can do anything just always put a positive mindset.
AutisticKid007
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August 04, 2018, 11:38:38 PM
 #129

There is absolutely no limit to what amount of BTC you can own. You can buy a 0.00001 portion of BTC if you wish to and make a profit out of it. But, the market is very risky, so without proper knowledge, study and research there is a huge chance of making loss. So, it is advisable not to invest everything you have unless you are ready to become homeless.
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August 04, 2018, 11:40:03 PM
 #130

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.
Right.Those people who have known bitcoin and even believe in holding it for a very long period of time are the lucky ones of today who i think are already millionaires nowadays.But making investments today is not yet too late,we will also have our own lucky days after putting our faith in bitcoin.

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August 04, 2018, 11:41:50 PM
 #131

I think the person who benefits the most from bitcoin or cryptocurrency is the person who invests in it. Because after all they benefit because they invest there. And people who have free time to work on cryptocurrency or bitcoin. These are the people who benefit in my opinion.

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August 04, 2018, 11:43:30 PM
 #132

Bitcoin is simply profitable for those hwo belive in it. The most important rule is to never ever invest what you can't aford to l'Oise, thus you should advice you friend and your self to never invest your savings in something you don't believe in.

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August 05, 2018, 12:15:52 AM
 #133

everyone can benefit from bitcoin investment, because there is no minimum purchase of bitcoin, like you have to buy 1 bitcoin, you can buy 0,000XX according to your ability, and the important thing is bitcoin is not just a matter of making a profit, it can also be a loss
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August 05, 2018, 12:18:55 AM
 #134

In my opinion early adapter are gonna benefit more and more in this field as they learn the ways invest in ICOs and earn a decent buck all around..
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August 05, 2018, 12:32:27 AM
 #135

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?
I think you are one who does not want to give goodness to others. Bitcoin is one of the places to invest both long and short term, investing or starting trading on bitcoin is very beneficial for us or what other people if they know how, and most important of your questions "who is the most profitable" I think the answer is clear "we all do or invest in the crypto world.
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August 05, 2018, 12:34:16 AM
 #136

The people that will benefit the most from cryptocurrencies are those who have devoted them time, energy and capital it investing in it, particularly those who started early enough
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August 05, 2018, 12:44:45 AM
 #137

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?
you are wrong to say bitcoin is only for certain people only!
bitcoin can help everyone economy, oya i want to give suggestion for your friend.
if at this time he does not have the capital to start trading should participate with bounty campaign to get capital, after the capital collected then start trading.
because honestly at this time I also do not have the capital, I'm working on it by participating with bounty campaign.
and many people who used to not have the capital to trade crypto now have the capital not even a few who have become rich.
start at the bottom. Good luck
bounty campaign has become a hot topic lately. but yes, I also did that. start everything from the bounty campaign and then the next steps.
and the question of who is the most profitable, I think everyone feels profit. from investors, traders, miners, or bounty hunters.
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August 05, 2018, 12:48:33 AM
 #138

Those who are willing to invest and those people who are early adopters will get the most benefit. As early as now we need to invest because the crypto has a bright future and we will benefit the most.

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August 05, 2018, 01:42:50 AM
 #139

BItcoin is not for certain people only, it is for all. Everyone can be benefitted with this. If you don’t have sufficient for trading then don’t do that. Start bounty campaign for earning some capital and then invest on trading. It will help.
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August 05, 2018, 03:01:26 AM
 #140

Here in bitcoin/cryptocurrency all of the investor will benefit from it. You can also invest without putting out some of your money, you just need to invest your time and effort to earn then be industrious on how to find ways on how to earn you big. There are a lot of ways just be hardworking and do not think of the negative side and the risk if the negative and the risk is all you think you will not earn, you will just lose what you invested. You just need to think of the positive side so that you will not lose what you have invested.

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