Type of people who buy bitcoin.

[MCobian]

Why is the popularity of Bitcoin rising so fast, because Bitcoin can indeed be bought by anyone according to the finances of each person.
It doesn't have to be rich people who can invest in Bitcoin, but poor people can buy Bitcoin. It depends on how we manage the money we have,
if we are right in managing the income we get, we should be able to buy some of Bitcoin. Maybe it's just people who have no income at all
who can't buy Bitcoin. Because as long as we have income, should be able to buy Bitcoin.

[verita1]

Anyone can buy bitcoins. As the other members say, you can buy any fraction you can. It is better than having fiat money in any bank account is what I think. How much profit can you get with fiat in a year? You can also diversify your portfolio with some altcoins and you will see a good profit.
If you have been excited about buying bitcoin, I think it is a good choice. Now bitcoin has more support from large investors who have the idea of ​​investing for the long term.

[James Watson]

There may be the following kinds of people buying and selling bitcoins: 1. Technical school: They are interested in blockchain technology, and buy and sell bitcoins on this basis. 2. Miner: Needless to say, it is actually a branch of the technical school. 3. Speculators: I heard about the myth of Bitcoin's wealth creation and entered the currency circle, but they are basically all leeks. 4. Professional: a trader who has worked in futures or foreign exchange transactions, etc., understands some basic knowledge, has investment experience, and enters the currency circle to make money;
In summary, I think even as an ordinary person you can buy a small amount of Bitcoin as a long-term investment.

[amimarah5]

i did bought small amount some times. a small investment for at least 5 years should be okay.

[Peanutswar]

I don't have any kind of funds like into a workplace instead I tried to make an extra income or additional sources like having an extra job to different companies, as a freelancer into a web developing and photo and video editing so mostly my funds goes to the Bitcoin the reason why? I trust the power of bitcoin volatility. I know it takes a few years before it goes to another ATH but again risk management.

From the previous ATH I pulled out and make another chipces that is trying to trade even though it's much riskier. But knowledge gives you a potential to avoid mistakes and losses

[bitzizzix]

Anyone can do it but should learn it before doing it, and you can do it from a small amount to invest in bitcoin if your income is limited.
do it gradually and buy in a position the bitoin price drops slightly and that way your investment can grow even though gradually in a small amount.
Don't waste this opportunity because even if you have limitations with your income, your intention is a good move and you will enjoy it when the bitcoin price goes up.

[famososMuertos]

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.

Sometimes I have wondered why bitcoin does not reach more common people, because adoption does not grow where it has to grow, ordinary people, otherwise it is being given by the institutional, investors.

And the reason lies in your question, basically misinformation or the belief that you can only buy bitcoin and the most poor believe that it is for an exclusive target of people rich. As long as the minimum unit satoshi exists, there will always be the possibility of being part of Bitcoin.

[Lorence.xD]

That is a difficult to answer because minimum wage varies per country and in my country, minimum wage isn't enough even for daily needs for a month, if you are frugal enough you might have some surplus in money but it won't be enough to consider investing that surplus money in bitcoin. I would say that if the person that is working a minimum wage doesn't have any responsibility such as a family or children then maybe if that person can live in a low maintenance for a month then that person might be able to afford to save money to invest bitcoin little by little.

[Distinctin]

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.

That will be something to consider, some were having the interest to buy Bitcoin but money gives a hindrance to start.
If you only have a minimum salary, I don't think the investment will be their priority but it is likely to prioritize the basic needs of the family. That really be hard in a situation like that, and I don't want to suggest then committing a loan for this sake because that will only give additional problems later.

[CryptocurencyKing]

Bitcoin has never been for any specific type of person or status at any point in time and there isn't a fact that is going to change about this. Like every other currency, bitcoin has other denominations and this was done as to create the vacuum for other minor investments. So, you don't necessarily need to buy 1 bitcoin at $66k, no you can buy as little as you can afford. You have the Btc, mBtc and Sat option to take up an investment with. A friend asked me a few weeks ago if he could buy bitcoin with at least $25 and I said yeah, by all means.
Most times the restriction or obstacle lies in the know how and not necessarily the finance. Especially in crypto ban nations where your at risk using your credit card in buying cryptos but, thats where the p2p option steps in. You just get to know how to use it.

[michellee]

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.

That will be something to consider, some were having the interest to buy Bitcoin but money gives a hindrance to start.
If you only have a minimum salary, I don't think the investment will be their priority but it is likely to prioritize the basic needs of the family. That really be hard in a situation like that, and I don't want to suggest then committing a loan for this sake because that will only give additional problems later.

Yes, it is. They will use that money for the family first. If they can have some money, they can use it to invest in bitcoin to get a good return in some time. That means they save their money in bitcoin form and not save the money in the banks because I do not think that they will get good interest from their savings. Taking a loan will not be recommended for all people because it will be too risky to pay back the money monthly.

I think people are aware of having the investment right now, but most of them do not know how to select the investment instead follow the other people suggestions. It will be too risky for them because they will not know if that investment can profit or scam them.

[Oasisman]

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.

If you only have a minimum salary, I don't think the investment will be their priority but it is likely to prioritize the basic needs of the family.

Well, that depends whether he has wife and children. If single, then I don't think money would hinder a minimum wage earner to invest in Bitcoin.
I taught one of my colleague to invest while he's still single. He's a slightly above minimum wage earner but still manage to  invest 20% - 30% of his salary to Bitcoin and he's doing it for almost 6 months now. I don't know how much he have right now, but for sure he'll reap what he sow in the future.

[Reatim]

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.

If you only have a minimum salary, I don't think the investment will be their priority but it is likely to prioritize the basic needs of the family.

Well, that depends whether he has wife and children. If single, then I don't think money would hinder a minimum wage earner to invest in Bitcoin.
I taught one of my colleague to invest while he's still single. He's a slightly above minimum wage earner but still manage to  invest 20% - 30% of his salary to Bitcoin and he's doing it for almost 6 months now. I don't know how much he have right now, but for sure he'll reap what he sow in the future.

even with or without family as long as He has a small amount income outside from his regular job then he can still put in Bitcoin or other cryptocurrencies.
We have been seeing cases here when a Simple human , like the one that sold His  GF's Car just to buy bitcoin couple of years ago.
this is a great example that people are really into crypto now and understand the benefits of this from the past belief of this is scam.

i did bought small amount some times. a small investment for at least 5 years should be okay.

of course , actually at some point it won't need to take 5 years, Imagine investing last march 2020 when the price is 4k? and now that 55k ? how much profit We can have?

[ven7net]

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 believe that Bitcoin is not for everyone and only those who are looking for opportunities to earn extra money buy it. Why did I come to this conclusion? I have many acquaintances who do not want to buy BTC and not because of its high price at the moment, no, they just do not believe in BTC. Yes, they are surprised when I tell them about BTC, but they do not want to buy it, because they think that it is a waste of money. This is why many will not buy BTC and will not be able to earn additional funds. BTC is for those who believe in success and a great future.

[Question123]

Those people who are want to invest to the bitcoin even they earn minimum wage are still have chances to buy but the problem is they need an extra money because their income is mostly use to buy their needs so they need to prioritize it. So sad those people who are rich become richer because they capabality to invest and they hold more years without worrying because they have extra money .

[Amejoaquim]

Lol, most of my friends who didn't know about bitcoin they think if they want to buy BTC they should buy 1 BTC.

Almost all of my friends keep asking me with this kind of question.

The answer is you can buy btc even though you just have 10 or 100$.

[posi]

Invest in Bitcoin doesn't have to do with class (rich or poor) but understanding the market cause the market will always present an opportunity to buy low (common people who have to understand and trust Bitcoin are the early stage are doing good now) and the last time I checked the dream of every normal people working minimum wages is to hold a single Bitcoin which is ourpose that can be achieve. Most people who are Bitcoin Millionaire before the institutional investors joined the market are minimum wage people Erick Finnan is an example.

Yes, it is true that to invest you need to have the knowledge but you also need to have the time and above all capital that you can invest. It seems to me that people who embrace change and welcomes technology are among the highest tiers that buy Bitcoin. Unfortunately, at the moment BTC hasn't become so common that any commoner will have but this tends to improve with time...

You are about what you said because invest in bitcoin is not enough if the desired time is not spend in terms of portfolio management but some commoner who are enthusiast of new develop technology/innovation are also among the people who embrace Bitcoin at the early stage which I should have be one of them but turn deaf ear cause I thought what happen to Egold will also happen to Bitcoin.

[Valuena]

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 if they are rich or poor. The only condition is to have money that you will use for buying bitcoins. Actually, buying small amount of bitcoins will result to small amount of earnings since it a low risk type of investment but if you will invest a large of money it will be high risk since it will greatly affected because of the fluctuation.

[Yatsan]

Purchasing of Bitcoin is always open to all classes no matter which class you do belong as long as you do have the funds to purchase it they you have the capability to have one or more than that and even just a small part of it. On the old times and early years of Bitcoin existence normal people can have the capability to purchase even 1 Bitcoin but as time goes by, the price gets more expensive giving the rich or elite groups to have an upper hand over the normal people but still normal people take part of the big population of those who purchase and trade or invest with Bitcoin. It doesn't really matter whether you are just a normal people or a rich one because what matter the most is that you have the funds to purchase even a small part of it and do manage to make it big as you get along in your journey.

[illete]

As per my nowledge creative and technology friendly people involve in Bitcoin and buy without any hesitation.It is also seen on social media channels students and young generation too much interest in crypto and Bitcoin as well.Still majority of population related to business owners,government woring class avoid to buy Bitcoin but if proper guideline and educate them about Bitcoin will know the benefits of Bitcoin.I also believe illetracy about Bitcoin is the main reason people avoid to involve in Bitcoin.