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

[JPSelzer]

Yes, we can say that the rich and the poor have equal opportunities to increase their capital. But the main difference between them is the time in which he can achieve it. The poor will be more difficult and he will spend more time on it.

[Harrisonimo]

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.

True about the bitcoin profits for all but at this time when the markets have been down, it is more of those who are rich that makes the more profit compared to those who don't have. The smartness of few has kept them afloat in the cryptocurrency game and some few with light knowledge and high greed do help feed/fuel the market with their losses.

[Al-e_x]

people who have large bitcoin assets, he can become poor when the stability of bitcoin falls drastically and dies. because bitcoin's volatility is very extreme.

today I am still sure there are still many investors who still hold large bitcoin assets, and they are stuck in a bearish market.

but, poor people who hold bitcoin from 2009,2010,2011, and now, they have become very rich.

[BitcoinPanther]

Well, it really depends on how one views profit. We all know that profit is any financial gain acquired from an investment or business operation wherefore, an investment of usd 1 gaining a 1 usd profit is the same double your money result when a usd 100 gains a profit of usd 100.

And in this effect, as sad as it may sound, the richer bitcoin investor does have the upper hand on gaining more. But there is no need to be so jealous, remember that they also pose the greater risk of lose.

[Finestream]

people who have large bitcoin assets, he can become poor when the stability of bitcoin falls drastically and dies. because bitcoin's volatility is very extreme.

today I am still sure there are still many investors who still hold large bitcoin assets, and they are stuck in a bearish market.

but, poor people who hold bitcoin from 2009,2010,2011, and now, they have become very rich.

Right.I agree.Bitcoin opens a huge opportunities to people either poor or rich.They all have the same opportunities to get.But it only differs on how they will handle their bitcoins.If they choose to be patient even if the market has seen to be in a continuous dump,they will definitely become rich once bitcoin make a huge price increase.

[ansarose1]

It is the reality i think, because rich man can have enough money to buy bitcoins and have it for investments. It is hard for the unrich people to have enough capital to buy bitcoins, unless they find a way to have bitcoin. But unfortunately, most people who invest in bitcoins are the rich ones.

[Indrawan77]

Well that is a wrong perception, bitcoin was created to be used by all level of society, bitcoin has been used to increase the people's life quality, one of the proof that bitcoin also can be uses by poor people is the fraction, the fraction makes all level of people could buy and invest, the rich maybe got bigger advantage because they can invest more, but there are tons of way for people to earn without need spending a dime

[knightmairesaint]

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.

Yes. Bitcoin is not only for a rich people. Anyone can used it even though you are teenager, little one, students, employee, person with disable ans senior citizen as long as you know how to use gadgets such as computer, cellphone and also have a knowledge in technology then you are in. Age, gender or even a status in life its never be burden to work hard on bitcoin. Rich people or a business man wants to look for another way to earn profit and also poor people even though they are lack on things they will find a way to do it. Status in life did not required in bitcoin but the way you earn is a big deal because it can help the community to grow and you too.

Even you are rich or not, Its all about your strategy on how you hold or handle all of your coins and token in the market if you have a good strategy then its possible that you will succeed.

[Qurelal]

Profit can get any investor. You can invest 100$ or 100 000$. If you are a good player, you can make a profit on any investment.

[suprex333]

Bitcoin can be obtained by anyone who is resilient and skilled in doing every job and can invest well with a positive mindset. I am of the opinion that if we are able to get into the world of the internet and explore crypto then knowledge is gained and with broad insight, bitcoin can be obtained, not necessarily rich people.

[blocklancer8]

On the other hand, the rich will benefit more because they have a large capital to invest but the average and poor do not want to lose to want to get diligently and patiently in seeking profits in Bitcoin. And nothing is impossible for people who want to learn and be patient surely get a profit in this bitcoin.

[Nasty23]

Bitcoin can be obtained by anyone who is resilient and skilled in doing every job and can invest well with a positive mindset. I am of the opinion that if we are able to get into the world of the internet and explore crypto then knowledge is gained and with broad insight, bitcoin can be obtained, not necessarily rich people.

Yes, we only need to be knowledgeable about bitcoin because bitcoin can be used by everyone but we should have enough knowledge for using it so that we can minimize the risk of lossing a money and we can also used it according to its uses and be benefited for its uses that can surely change our financial status in life.

[yfan2010]

I think from all walks of life can generate bitcoin only the difference between rich people investing to buy bitcoin and ordinary people get free bitcoin from faucet or bounty.

[Naughty Princess]

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.

I agree. It is just about the strategy you used. It is not only rich people that could ain profit in bitcoin but also those who are willing to do everything and find ways to have something to invest too. I think most poor people are being patient all the time and content on whatever profit they could have.

[rafi035]

maybe at this time yes only people who have capital can get access to crypto currencies because in my country crypto currencies have not been fully recognized by the government so to get the need for access and of course need money

[jacafbiz]

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.

I don't really believe this point, alot of small investors are making profit int he space, the reason I would agreed with this is that rich people have huge appetite for risk and won't be checking their laptop for Bitcoin price performance daily, they can invest and walk away until the price meet their exit position

[3kpk3]

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

I agree completely. Capital changes everything and this is what differentiates the rich from the poor in a huge way. This logic applies to literally every financial market and it will always stay true. It is infinitely easier to earn huge profits by investing more money instead of trying to turn small amounts into big money. 2017 was an year in which even the small traders hit it off and earned big through small investments which is why you can only imagine how much the big traders earned through their large scale investments. This difference will always exist and the rich will always have the advantage.

[CryptopreneurBrainboss]

When it comes to trading then you can bring in the money game because the higher your capital the bigger your gains but in investing, patience is the key not money. There are many individual who have become rich today because of their level of patience. A less patient investor may invest more than you but won't gain as much as you did because of lack of patience so I don't think only the rich can make profit from bitcoin, it takes more than just money to succeed

[moneyangel]

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

I agree with you and that's the reality in this world. Those rich people can influence in any form of business. Although the poor can earn but it's just a little portion to those who invested huge amount of money.

[udidrone]

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 people, old people, young people, poor people, as long they can make profit and can manage their assets well, they can be rich in crypto. That is why crypto is loved by a lot of people because it can be used by any kind of people.