Type of people who buy bitcoin.

[pooya87]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

Bitcoin is not an investment for people with different financial backgrounds to invest in or not! Bitcoin is a currency that you should use when you feel like the financial sovereignty that it offers is something you need.

[Matimtim]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

I think even a normal people who earn minimum wage daily can also buy bitcoin as one of their investment and make it as good opportunity to make their life better just like what the other have experience.

Buying bitcoin isn't always for rich who has excessive money as long as we want to invest there we cant buy bitcoin because bitcoin price is not always in the right place; we can buy sometimes in lower price and we can sold it in high price to make good profit on it.

[GeorgeJohn]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

Bitcoin don't have a specific people to purchase it, everybody are entitled to buy at any point provided that your money is available and also a particular amount you have can purchase the same value of cryptocurrency you want, according to the kinds of cryptocurrency you have in mind to buy, so if you were having interior motive that its a reserved money people use in buying Bitcoin is a capital lie, it's like investment, you can invest with any format of life in order to certified willingness into what ever you have as a plan.

[Coinsfera]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

Bitcoin is not so unreachable currency. Anyone can buy and sell Bitcoin. People invest in BTC even with a small amount of money. It may be not the case in your country and it can cost more money than other countries because of exchange rates. If we consider that Bitcoin was cheap in the past, so it is not the case that only privileged and elite people can buy.

[maxreish]

Of course!

I am  not an elite person but I can manage to buy bitcoin. Though it doesn't one whole bitcoin but as long as you have some part of it, it is still considered bitcoin. This isnt about each individual's stand or position in life. Doesnt matter how many bitcoins we own or who has accumulated it. It is about how we became bitcoin enthusiasts

[isaac_clarke22]

~

Well there's no exclusivity in terms of who can buy Bitcoin.
Even those below middle class have the means of access to it, be it a personal trade and hold their coins in a cold storage so that they won't be required to be connected to the internet to access their coins.
Though it isn't to be expected that one whole coin would be bought though.

[Renampun]

Of course!

I am  not an elite person but I can manage to buy bitcoin. Though it doesn't one whole bitcoin but as long as you have some part of it, it is still considered bitcoin. This isnt about each individual's stand or position in life. Doesnt matter how many bitcoins we own or who has accumulated it. It is about how we became bitcoin enthusiasts

true, owning Bitcoin is not a compulsion, it is a desire...
little by little I collect the Bitcoin that I got, I firmly believe that collecting slowly is much calmer than direct a lot. during the peak of the pandemic yesterday Bitcoin has helped me and my family a little, in the future I believe Bitcoin will help us and our family a lot more. *hodl

[Zanab247]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

Bitcoin investment is for those who have the ability and willingness to purchase bitcoin and hold for future profit benefit. If you are earning $10k weekly or monthly, you can choose to invest the $10k or $5k according to your power.

[virasog]

anyone can buy a small amount. anyone who wants to invest their very little amount of money in order to have a better chance in the future will buy BTC. you don't have to be a millionaire but having just internet access will give you a chance to win.

certainly, the ones who can afford are buying BTC, the rich ones are buying BTC because they are also investing. you could also say there are criminals also buying BTC.
the elite sure are the ones going to be the big buyers. you can look at elon musk. we never know how much BTC he got.

Just don't check who is buying bitcoin and in how much amount everyone is accumulating. The important thing is how much bitcoin we are accumulating. Most of us are not whales so we cannot buy more bitcoin but that does not matter. Each person should accumulate as much as he / she can, as they will know the true potential of bitcoin in 5-10 years.

[cheezcarls]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

Anyone can buy Bitcoin even as a low or minimum wage earner by just buying small fractions of them in the form of satoshis. Same thing with other cryptocurrencies where we could buy what we can afford to lose. Some of my friends who are just working for minimum wage even buy small fractions of Bitcoin from time to time and keep accumulating it along with other altcoins.

[Slow death]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

the reality is that bitcoin being an investment makes people who enter this market have to have money, a poor person who does not have food will not take the money that could buy food to invest in bitcoin. and in the case of bitcoin the situation becomes more complex and difficult for poor people if they want to buy bitcoin

example from my country:

imagine an employee earning $50 minimum wage. this person decided to buy bitcoin, but just to buy bitcoin using a debit card this person must have 50 $, they do not accept value below $50 and have the fees, so that person would have to borrow some money or stop eating for months to join money to be able to buy bitcoin

[big kid]

Yeah, i'm working at storehouse and buying small amounts of crypto sometimes. Around 50-100$ in two-three months. I feel safe to keep my investments there, i'm hodling some altcoins too.

[pinggoki]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

Actually a normal people who are having a minimum wage can acquire bitcoin and also students. I'm a student and I am acquiring bitcoin way back when the price is around $13,000 and it is proven that students and also people who are working for a job is also applicable on having bitcoin because as long as you have some extra money, you can buy bitcoin little by little. You don't need to buy a 1 whole bitcoin but you can buy a little piece of it and you can also called it as an investment. It's more likely when you are buying a stocks, even though you've buy a cheaper stocks but later on it may grow up.

[Wexnident]

Anyone that has money can buy Bitcoin (granted they know how).  The only difference is that they wouldn't necessarily buy it even if they had money since it's an issue of whether they should even buy that or not. It's a matter of priority in this case I suppose. The most comfortable level to those who want to buy Bitcoin would probably be people who have jobs, constant ones that pay pretty well as well as having not much expenditure when it comes to expenses. I'd reckon some people have proper jobs yet can't earn properly due to them paying bills and the like of family members.

[Lucius]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

You don't need to be a financial or economic expert to conclude that there are people who can't afford to buy Bitcoin because they earn so little that it doesn't even cover their basic living needs. They don't care if the price is $100 or $10 000, the only thing that matters to them is that they can put some food on the table every day, because there are people who are practically starving, and statistics say that almost half of the human population is hungry, and about 10% literally die of hunger because they don’t even have a plate of rice a day.

On the other hand, those elites you mention have the money to live a hundred lives, and they don't care too much what the price of BTC is - they just want to get into the game, and they will pay regardless of the price. However, we cannot say that people did not have enough time to invest in BTC at far lower prices than is the case today, because back in 2016, 1 BTC could be bought for less than $1000.

[lovesmayfamilis]

Have you heard who millennials are? According to statistics, they are the most popular Bitcoin buyers. But this does not mean at all that the older or, on the contrary, the younger generation are not fans of bitcoin. Today, the popularity of bitcoins is growing at a high speed, information about it is spreading from all sides, so those who are informed in one way or another try to invest in bitcoin as much as possible. There is no need to think that bitcoin is intended for some privileged segments of the population, on the contrary, you must always keep up with the times and try to regularly buy bitcoin, despite and not being afraid of its growth or decline.

[Cvetik56]

I think now almost all types of people buying bitcoin. It became popular at 2017 and becoming more popular since then. As for me, i'm freelancing and spend about 10% of my month earnings into btc.

[lienfaye]

Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.

Anyone is welcome to invest in bitcoin regardless of your status in life.

So as long as you have the money to buy bitcoin then you can engage yourself in crypto world, because there's no discrimination here.

The advantage of well-off investors are, they can accumulate more even the price is expensive while average users (like me) needs to timing the market to take advantage the correction.

[best123]

Sure, anybody can buy Bitcoin. You buy it based on your pocket size. Like me, i do not have up to 1 Bitcoin now but i have other altcoins. Even if you can not buy 1, buy fraction. All hands are not equal. Go and buy Bitcoin, do not be left out.

[Pandji02]

Like a lot of people I found interest in btc in 2017. I have small business and keep 50% of my savings in btc, 10% in other altcoins and the rest on bank account. At first wife was suspicious about it, but now she's supporting me.