What do you think only the rich can make profit from Bitcoin?

[A.H.Rassel]

A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.

[Highpitched10]

Your return in investments are commensurate to your earnings,you can't expect to invest 100$ and earn more than someone who put in a 5000$

It's just basically easy to figure out,the major constraints in investing is limited capital,and so since the rich have enough capital to throw about,definitely they'll earn higher than those with far less capital

Smartness,patience and less greediness are vital tools in trading/investing
But the major determinant is investment capital,without it, the aforementioned tools are useless

[Nnuego]

As bitcoin grew in value, it started to be valued in fractions of it, which are popularly referred to as Satoshis.
This makes it possible for people to buy the amounts they can afford.
Trading is also a way to earn profits in cryptocurrency. And you can start with little capital (that is even advisable)

[PeRo]

Of course not only the rich people can make profit. Poor or less financialy stable people can make money trough Bitcoin. For an example I have made some decent amount of money from pretty much nothing because I didn't have the money to buy and trade Bitcoins. But it is also true that rich people make a very larger profit because they have more money to invest. Only the intelligent and smart can make more profit than them.

[Peacemaker1994]

Well bitcoin is a cryptocurrency investment that need high capital to purchase it in its whole form and not in fractions and just like in every investment the higher your capital the higher your profit. Although bitcoin can benefit both the rich and poor but the profit level of those that invested substantially is high if the market is Good. But if the market is reversed then the loss Is higher

[javadsalehi]

Bitcoin as a currency and payment system can be used by all the people. Also, for earning money there are many people form different classes involved in cryptocurrencies. There is no need to be rich.
Some can afford to buy 100 bitcoins and some can afford to buy 0.01. All people can invest and all people can earn money. All people can trade and all can work for cryptocurrencies. I am sure many people here in the forum are in the lower middle class.

[mahibul49]

bitcoin is a user friendly crypto and anyone can use it and make profit by trading.
its not only for rich people but also for poor.
there are many people who doing daily profit from bitcoin trading.

[Oniko]

I think even rich people can lose a lot of money on Bitcoin investments.

This is a very dangerous business and a very small circle of people earn from investing in Bitcoin

[bellamente]

I think rich people are to blame for the fact that the price of Bitcoin is falling. Many have already lost 70% of their investment portfolio due to incomprehensible panic.

Who makes this panic? Anyone who wants to buy cheap bitcoin

[carter34]

Your return in investments are commensurate to your earnings,you can't expect to invest 100$ and earn more than someone who put in a 5000$

The point is that $100 invested has the capacity to increase much faster than other areas of business. Like for example, during the last December trade, some small traders experienced high financial growth on their investment.

[kendra1107]

A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.

Absolutely not! Anyone can profit from Bitcoin. The only difference is that the rich can earn much more because they can afford to invest more. Let's say an average person invested $1000 and made a x10 return, that's $10000 for him. Not bad. The same time a rich person invested $50000 and the same thing happened. Now that's $500000! Both made a profit which is great but the difference between their earnings is huge!

[rodskee]

A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.

Rich and poor have right to make benefits in bitcoin
Bitcoin is for all people niot only for the rich people
Bitcoin created to help people to grab the opportunity given by the new technology

[DAVETUN]

The bitcoin currency is an open platform for all to take advantage of, both the rich and the poor, If your are poor, invest at your level, acquire knowledge about how to increase your earning and portfolio in the Bitcoin, with consistency, patience and focus, you can be sure you will become rich. Bitcoin give opportunity for all.

[buharikx31]

A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.

Indeed it will take a lot of time for people to implement it to different things. Different spheres will try to implement it to use cases which are possible, but also people will be worried about the goverment which always control money circulation and if it's not allowed you can get a fine, but earining from it will be possible later for all social levels

[louie69]

Yes, I definitely agree with OP as btc is not only for the rich but also for the average people that are interested to get involved. With the btc, people will be able to profit not only with investment but also with their participation in bounty campaigns.

[ChandraGold]

If Bitcoin is only for rich, I can not join it as I 'm not rich .Bitcoin is  for everyone who have ambitious for being rich with a little money , patience , good understanding, calm..

[masdinero]

At least you have to take a piece of bitcoin to avoid being left out. in the future it is possible that btc is made pure. and no more money. in paper or coins.

[airdagon]

assuming you are right, that many people become poor with bitcoin, Eric Finman, his age is 19 years old. youngster who is rich with bitcoin.

his estimated wealth is $ 6 million. he was only given $ 1,000 by his grandmother, and then he used to buy bitcoin, when bitcoin price was still very cheap.

[batang_bitcoin]

Actually there's really no need for any requirement for someone to profit with bitcoin. As long as you have the money to have purchasing power you can have what it takes to profit.

There's freedom in bitcoin and that's why rich and poor people can join altogether to enjoy and benefit with it. If bitcoin is only for rich people, look back on those years where pioneer investors of bitcoin bought it at the very low price getting hundreds to thousands of bitcoin with just few bucks.

[bloodyvio]

not only rich people can get profit from bitcoin
people with little money can do it too
especially if they use bitcoin to invest in altcoin
of course you have to do some research before investing in altcoin