Type of people who buy bitcoin.

[777Jolami]

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.

This is not true, bitcoin is free to use for everyone. Anyone can own bitcoins in all the ways they have, no matter how much or little.
I admit, the elites and the wealthy are the dominant proponents for many purposes to use bitcoin.
Owning and using bitcoins is without exception for all walks of life.

Bitocin can be owned by anyone, as long as you want to own bitcoin you can store it,
even with $10 you can buy bitcoin, it's just that you will only get a small amount of bitcoin, with the current price of $ 2000 bitcoin and you want to buy bitcoin with a capital of $10 then you will get around 0.00017979 BTC

Really undesirable but it seems that owning bitcoin is a luxury to me now because of its price.

[Aliceooo78]

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 can't speak of other countries as I do not know the situation of things there. In my country, people just focus on getting a bit of btc, no matter how small, they try to get some funds in regardless of how much they earn or if there financial situation is good.  That is why I will forever be grateful for the fact that Bitcoin has smaller denominations and you don't necessarily need to own a full Bitcoin (1BTC or more) to be part of the community.  I do have a friend without a strong financial background but he was always offloading a portion of his tiny salary to buy btc between the range of $3.7k to $7000. Today, he's good with holdings.

people with wisdom in investment buy bitcoin, I suppose they know bitcoin is lucrative and then with ration, they put a proportion of money in bitcoin purchasing, whatever the amount. like my dad, he bought a bit of bitcoin in a dip and wad criticized by my mom. However, currently, my mom admires him for what he did, so do I.

[Shasha80]

I really don't agree if someone says Bitcoin is only for the elite who have extra money. Since anyone can buy Bitcoin, I am not a rich person
and my salary is not great, but I can still buy Bitcoin. As long as there is a will there must be a way, so don't because your income is low and
you can't buy Bitcoin. Because buying Bitcoin doesn't have to buy 1 BTC, but you can buy just a few satoshis according to everyone's financial ability.
As long as our financial management is good, even with a small salary we can buy Bitcoin.

[bitterguy28]

I really don't agree if someone says Bitcoin is only for the elite who have extra money. Since anyone can buy Bitcoin, I am not a rich person
and my salary is not great, but I can still buy Bitcoin.

maybe that is not a general post man , He was assuming that majority of people that Holds Bitcoin are rich people.

As long as there is a will there must be a way, so don't because your income is low and
you can't buy Bitcoin. Because buying Bitcoin doesn't have to buy 1 BTC, but you can buy just a few satoshis according to everyone's financial ability.
As long as our financial management is good, even with a small salary we can buy Bitcoin.

We Know that we can all buy Bitcoin even if the smallest amount .

So Yes All people can But what can they afford.

[Kong Hey Pakboy]

If the minimum wage earners can save some money out of their wages then maybe they might be able to buy bitcoin but considering that the average minimum wages around the world is low, I don't think that they don't have the luxury to save because most of these people spend their wages either in expenses like bills or debts.

[Shasha80]

I really don't agree if someone says Bitcoin is only for the elite who have extra money. Since anyone can buy Bitcoin, I am not a rich person
and my salary is not great, but I can still buy Bitcoin.

maybe that is not a general post man , He was assuming that majority of people that Holds Bitcoin are rich people.

As long as there is a will there must be a way, so don't because your income is low and
you can't buy Bitcoin. Because buying Bitcoin doesn't have to buy 1 BTC, but you can buy just a few satoshis according to everyone's financial ability.
As long as our financial management is good, even with a small salary we can buy Bitcoin.

We Know that we can all buy Bitcoin even if the smallest amount .

So Yes All people can But what can they afford.

Thank you in advance for correcting me, maybe I have been too sensitive recently and misunderstood the opening post a little. We really should
think positively, maybe what we mean by opening posts is that most of HODL Bitcoin are rich people. It makes sense if we think carefully about
the high price of Bitcoin and also the volatile price of Bitcoin, surely only rich people dare to bet their money investing in Bitcoin. But that doesn't
mean that no poor people buy and HODL Bitcoin, I really have to be wise in commenting next time.

[malikg18]

We can not allocate the types of people who buy Bitcoin. All kinds of people buy it.Some people buy for short term  and some for long period.
some people buy less and some buy large Quantity.It depends upon the interest of peoples,Also it depends upon the The amount of capital people they Have.

[John Jefferson]

If you are a newcomer and don't want to invest too much energy, then it is recommended to buy spot, so buy low and sell high. You can slowly hoard more bitcoins. If you have more spare money, you can make a fixed investment, which can avoid the occurrence of large purchases at high prices and reduce certain risks. It is also a relatively safe investment method.

[Theones]

Bitcoin ecosystem is open for everyone. You don’t need a specific amount to start trading bitcoin like we need minimum amount to open a bank account. There are people who are continuously buying bitcoin from their monthly savings and are able to exponentially increase their holdings. 

[XZERO1]

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.

No, it doesn't matter, as long as you invest the money you can afford to lose in Bitcoin you'll be fine, also if you're living a privileged life why would you feel the need to invest in anything anyway?

Investment in cryptocurrencies is highly popular among those people that are working a normal or minimum paying jobs because it can change their life over just a few months if they have chosen their investment right, not sure if Bitcoin makes people rich at this point unless you go all in which is not recommended but it can also give you some very good amount of profit, there are some high cap quality altcoins available too which can give you a better return comparing to Bitcoin but they also carry more risk as well.

[mezzaluna]

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.

Of course not. Bitcoin is not for the privileged and its specially not for the elite who has extra money. Bitcoin is absolutely for everyone who could learn it and take time to spend time with it. I have friends who does not even have jobs took a full time within the Cryptocurrency Industry as Traders and they are earning money more than people who have daily jobs.

If we really want to learn something, we could study it and take the time to be knowledgeable about it and those are the types of person who revolve around Cryptocurrencies.

[jjdub7]

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.

In my opinion, the great interest of rich people and big companies in Bitcoin is recent. Until 2-3 years ago, most crypto market investors were ordinary people who invest in retail, as you describe it.
Still, there are a large number of people who work and invest a small or large part of their income in Bitcoin or other cryptocurrencies. And this will continue to be the case because everyone is beginning to realize that they can make a profit from the crypto market.

[ECOS_CloudMining]

There is not a certain type of people. Everyone can try to invest in crypto. There are people who make investments to crypto coins, for example, once a month or once a year. For example, using our service you can start investing in BTC from $49.

[romero121]

I've seen two types of people who buy Bitcoin.

1. Buying Bitcoin for the purpose of gambling.
2. Buying Bitcoin as a form of investment.

Apart from the above mentioned reasons, countries have now started to hold Bitcoin as reserve fund same as keeping gold. Limited number of people have begun to use bitcoin as a medium for large volume transactions which requires more process with banking.

[hongchao123]

The most people who are buying btc just want to earn good ROI of it. Thats it.

[Darkelf11]

I just bought bitcoin if I have money previous I encounter the lowest price or the dip we called and good thing I have funds so why not take or grab the opportunity to buy some bitcoin and try to hold this until I become one of the millionaires kidding aside there's nothing wrong with this as long you keep earning and getting profit it's enough I'm not too much greedy because I just want to have what I deserve holding for long months.

[Alert31]

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.

Everyone is free to buy bitcoin even a poor people who have $2 only can buy it if they know that bitcoin exist and profitable. Not only rich people can buy bitcoin. Many people working minimum are now also an investors of bitcoin because many people already know that investing in bitcoin is more profitable than working eight hours under minimum wage.

[pawanjain]

Bitcoin is being owned by many people around the globe. Not all of them are huge investors.
These people will be a mix of traders, normal investors, institutional investors, employees, freelancers, merchants etc..
It's hard to completely list the types of people actually holding it.

[DarkDays]

Bitcoin is being owned by many people around the globe. Not all of them are huge investors.
These people will be a mix of traders, normal investors, institutional investors, employees, freelancers, merchants etc..
It's hard to completely list the types of people actually holding it.

The thing about decentralisation is that anybody can get involved crypto and BTC in general. All that differentiates between people who buy and don't buy BTC is the appetite for risk, knowledge, and some money on the side to invest.

Nobody is left out, all you need is internet, money and the will to get involved.

[iTradeChips]

I for one would consider myself as a little holder of cryptocurrency. Not really big into Bitcoin but have Bitcoin nevertheless. My friends and colleagues that I introduced crypto with in the past were not so lucky themselves. Unfortunately they were not able to buy Bitcoin in the past and are now being FOMO'd into the situation where they might end up making mistakes. I always tell them not to be emotionally attached to the idea that they are too late. I tell them nothing is too late in crypto and they could just simply invest.