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Author Topic: What do you think only the rich can make profit from Bitcoin?  (Read 2966 times)
hildacitra
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November 03, 2018, 02:56:13 PM
 #121

No, it isn't true. Bitcoin is created by Satoshi for free used or recognized by any classes of people. There is no limitation of Bitcoin usage. Wish, learn, and patient are the crucial and influential factors to be successful fro making profit from Bitcoin, whether trading or mining. Not every one probably has capability to do it, therefore they should study dealing with it.

Lower and upper class are free to make profit from bitcoin, but investor or trader with massive assets or capital definitely will get return much more profit.  However, it doesn't mean that lower can't make a massive profit. As long as they want to do much effort, I believe they can make it.

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November 03, 2018, 03:05:17 PM
 #122

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. Bitcoin was not just intended to be used by a certain level in the society. Since it was open access to all, any type of people can be able to effectively use it as how rich people being able to use it properly. You just need lots of patience and a wide range of understanding on how this type of currency works. The investment proper in terms of money is on the next stage once you have known and fully understand how to earn income through it. Investment is not just about money but also with time and effort which poor or even small people can do exert to start up using Bitcoin properly.

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conected
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November 03, 2018, 03:09:49 PM
 #123

The poor can also make profit form bitcoin but it will take extra effort. The rich can just invest a huge amount of money and go to bed then wait for his or her profit but if the poor adopt some smart strategies he or she can equate with the rich.
- I do not think that rich people just invest then go to bed to wait for profits, they still have certain efforts but their advantage is that they have too much money, they will not need too much time to analyze and find reasonable options with their capital while the poor can not be as comfortable as the rich, they need a lot of time to determine where to invest accordingly and their choices are limited when their capital is too small. And of course, rich people make money easier and I'm really jealous but I also understand that life is unfair, instead of being jealous of others, I should work harder to be rich


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November 03, 2018, 03:22:26 PM
 #124

The richer a person is, the more he can make an investment. But we should not forget about the losses in case of an incorrect decision.

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November 03, 2018, 03:43:47 PM
Last edit: November 03, 2018, 03:57:46 PM by Treasurer
 #125

The poor can also make profit form bitcoin but it will take extra effort. The rich can just invest a huge amount of money and go to bed then wait for his or her profit but if the poor adopt some smart strategies he or she can equate with the rich.

The democratic nature of cryptocurrency makes it accessible to everyone from anywhere in the world! In the cryptomarket, everyone can try their luck and make a profit, as well as lose some or all. Therefore, there are no poor or rich in this market. In a few days the poor here can become rich. Because this market attracts so many people.
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November 03, 2018, 03:52:39 PM
 #126

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.
Ofcourse everyone can make profit in bitcoin or cryptocurrency butit depends on how much profit are we talking,because the actual profit a poor can get is just cheaper since the price of this coin is huge and can even afford of poorer cryptonians.but still all can profit if we can afford to wait and keep patient
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November 03, 2018, 03:59:02 PM
 #127

There is nothing like this in reality. Because bitcoin is such a platform, where, if the poor person wants, then he can earn more than the rich person. For this, he needs to work with just the right information and hard work. Yes, it is of course that the rich person has more money to invest, due to which he earns a good profit. But this does not mean that only the rich people can earn more profit from here
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November 03, 2018, 04:15:57 PM
 #128

I think capital is very relative, if you have large capital, then your potential to get a profit is also large, and vice versa. But not all investors can get a consistent profit unless they can manage their money properly and correctly.
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November 03, 2018, 04:22:47 PM
 #129

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 always take risks and can stand up to all risks without fear, they know how to overcome all difficulties and make a profit. Rich people always accept temporary losses and are willing to wait to see their big sums in their wallets.

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November 03, 2018, 04:31:35 PM
 #130

many people get rich with bitcoin, this happens because they do good things in bitcoin and that can happen to anyone. if they can use bitcoin I think that wealth will be available to anyone.

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November 03, 2018, 04:33:27 PM
 #131

The rich can make a profit from Bitcoin more easily than the poor because they have much money to invest and they always have a smart choice with the money they have spent. The rich can make money because they have a mind. In the crypto market you need to have experience in trading then you can win.
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November 03, 2018, 05:53:38 PM
 #132

It is utterly useless if we believe in that way. Rich or poor people has the same opportunity when it comes to cryptocurrency. Bitcoin is a great deal for everyone, I mean,  new door and a big hopes even with the poor people.
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November 03, 2018, 07:09:52 PM
 #133

Anyone can invest in bitcoin if they want to. The main thing is to have at least a minimum amount for investment and choose the right investment strategy that will bring you profit.

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November 03, 2018, 07:13:44 PM
 #134

It depends on what you call rich to me as long as you can actually invest and be patience about it without panic then you can also benefit

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November 03, 2018, 07:32:08 PM
 #135

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)
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November 03, 2018, 07:40:28 PM
 #136

In my opinion. that's a big mistake. we can all benefit from bitcoin or other crypto currencies. it all depends on the ability of each individual. many ways to benefit from crypto currencies without having to spend capital. but we must increase our knowledge so that we are able to use crypto currencies.
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November 03, 2018, 07:45:53 PM
 #137

You can buy piece of bitcoin on 1 $. And then make 10 $ or more. People who invest in bitcoin want to earn more money in shortest period of time.

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November 03, 2018, 08:23:56 PM
 #138

The richer a person is, the more he can make an investment. But we should not forget about the losses in case of an incorrect decision.
Agree with you if a rich one can invest more he will have to face more, for me poor people can make more profit than the one who has no money to invest but he can join bounty and signature campaign, it is good to do it as a job if you has no property to buy some bitcoin for investment it use to increase the knowledge and will earn money at the same time.

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November 03, 2018, 08:30:13 PM
 #139

I'm not rich YET, my wealth is considered average.But cryptocurrencies just help me to be afloat and increase my income.I hope that I am rich)))I wish you the same.

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November 03, 2018, 09:29:05 PM
 #140

Bitcoin is open to anyone who wants to make money on it. Moreover, there are different bounty projects where you can earn without any investments, you spend only your time.
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