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Author Topic: Who will benefit the most from bitcoin/cryptocurrency?  (Read 3857 times)
EugeneReigns
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August 03, 2018, 11:52:02 AM
 #61

No matter how much investment your friend can afford in Bitcoin. It can be beneficial for everybody with almost any savings. But the one important thing that matters is that what knowledge your friend has about the crypto-market, its behavior, how much time he can dedicate to learn how to trade and invest right in this market. As you say, he has a big family and a hard main job, so I think he won't be able to get involved in this market as a man should be. Because he wouldn't have time for that. People that have no knowledge about the crypto-market should stay out of it because it'll "squeeze" them like a Bulldozer and they will lose all of their money. But even if he makes a good profit once, a person in debts will decide to take even more credits and loans expecting to make even more profit to cover his debts. And that is when the market will punish him and leave him empty-handed.

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August 03, 2018, 12:09:06 PM
 #62

Bitcoin will be able to participate as a big investor for everyone, just as small investors will be able to participate. There is no discrimination in this. With the use of bitcoin and cryptocurrency, innumerable people are enjoying their livelihood. However, it is important to invest in the right time, the right way and in the right place. This does not require a bigger subscription.
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August 03, 2018, 12:09:26 PM
 #63

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.
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August 03, 2018, 12:09:53 PM
 #64

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?
Anyone who invest in bitcoin can get so many benefits on it. The money you invest in bitcoin doesnt matter , what matter is its on how are you going to manage or control it . On how are you going to make it as a bigger profit. Those people who has a lot of knowledge about bitcoin will get more benefits since they know how to properly manage their bitcoin.

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August 03, 2018, 05:52:57 PM
 #65

Last year one of  my friend invest on bitcoin in begging and he used to be patient and at the end of the year he will be benefitted much
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August 03, 2018, 05:59:18 PM
Last edit: August 04, 2018, 05:25:17 AM by Ferki
 #66

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 don´t need to buy 1 Bitcoin, you can buy just a fraction of that,let say for 100$.And that when ever you want or when you can afford it.But let your friends know that is also a risky investment and they should only invest what they can afford to lose
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August 03, 2018, 06:24:36 PM
 #67

everyone can benefit from cryptocurrency , depending on what can offer to do. There are some people also like your friend who doesn't have much to invest but are earning by giving what they can offer. There are informations here and that can cover that also. Generally Bitcoin and cryptocurrency is for everyone and everyone can benefit from it.
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August 03, 2018, 06:28:34 PM
 #68

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
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August 03, 2018, 09:33:48 PM
 #69

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.
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August 03, 2018, 10:10:45 PM
 #70

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

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August 03, 2018, 10:20:33 PM
 #71

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.
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August 03, 2018, 10:21:25 PM
 #72

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.

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August 03, 2018, 10:22:33 PM
 #73

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.
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August 03, 2018, 10:23:31 PM
 #74

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.



 

 

 

 

 

 


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Eugenar
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August 03, 2018, 10:28:37 PM
 #75

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.
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August 03, 2018, 10:29:18 PM
 #76

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.
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August 03, 2018, 10:32:13 PM
 #77

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.
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August 03, 2018, 11:21:54 PM
 #78

did you see this:
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

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August 03, 2018, 11:34:14 PM
 #79

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.
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August 03, 2018, 11:41:00 PM
 #80

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.

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