Bitcoin Na For All: But can the 63% Wallowing in Poverty invest in bitcoin?

[Bright0515]

For sure they say Bitcoin is for everyone but I don't believe it, just as you highlighted here that average Nigerians can't afford 1 dollar when it was just #366 and now 1 dollar is approaching #1600 so how are they going to cope with it what I even see here is decrease of members who previously partake in Bitcoin because things are getting cost but salaries are not being added so alot of people are going to pause.
63% of poor people wallowing in poverty is a very bad record for a country like Nigeria, Giant of Africa precisely even mining and other crypto currencies will see alot of inconsistency because everyone who find it hard to earn a dollar won't risk their belle for sub for internet sake.

Another angle to see that sentence (Bitcoin is for everyone) I think it's trying to let know that everyone wether rich or poor can follow up.

Na for u to check how ur pocket take Ballance because at any cost money matter dey involved.

[Rruchi man]

And hunger is the time when you don't have anything to eat so those who are hungry too can't invest because they have to eat first.

Investment na for who get money, nor be for common man wey never chop and just dey struggle to survive. If you are not financially capable, investing is in no way for you, and your first focus should be getting money to survive with, not investing. If anyone has an interest in investing in bitcoins, their first focus should be to first become financially comfortable, then sort out their basic needs, especially feeding and shelter, before seeking to invest in bitcoin.

People who profit from investing in bitcoins are the people who have enough invested, not a few naira.

[Judith87403]

Actually most people always have this mindset that bitcoin Investment is for everyone, though everybody can invest in bitcoin that's for those who are interested and also have a decent job, because if you don't have a source of income definitely you will find it very difficult to invest in bitcoin, because there's no way you're going to get a Capital to start up your Investment.

However bitcoin investment is not for the poor rather is for those who have a stable income reason is because even if they experience lose in the market it won't have any negative effect on them, you know poor people always have a different mindset, poverty can even make them see bitcoin investment as scam that they rather use their money to  buy some food stuffs than to invest it in bitcoin. of course you can't invest with empty stomach, is just like those people who prioritize bitcoin investment more than their health those people are making a very big mistake.

[MainIbem]

First of all sef Bitcoin no be something wey person wey never fit see food chop sef supposed carry put for head, I mean Bitcoin is everyone no mean say if you never feed well then you go come go carry Bitcoin investment as something wey supposed put food for your table and moreover there is always the first hand advice about Bitcoin investment being for people that actually have tangible jobs doing especially the long term holders.

Exactly, I no see any reason why person wey never fit afford three square meals go dey think of investing money wey eh suppose use survive for Bitcoin, that one go be very wrong step especially now wey things done hard cause how long wey the person wan even hodl self before em sell am carry survive? Normally dem they advice people to invest with their spare money so eh no even dey advisable for such person to carry money wey eh suppose use chop survive go invest for Bitcoin. Bitcoin is for everybody no mean say na investment plan for everybody, yes anybody both poor or rich fit transact with Bitcoin or receive payment through am, but when it comes to investment plan poor people wey dey barely feed three square meal suppose stay off that aspects until dem dey financial capable to invest (buy and hodl for long-term).

[Derek jnr2001]

Actually every body fit Investment in bitcoin as Long as you get the capital to start up with, but for those who barely feed you no go expect those kind of people to invest in bitcoin when dem still dey look for food to chop. However bitcoin investment na for those people who don chop belle full so that incase of anything happen in the market in no fit affect you in anyway, just imagine those people way still dey struggle on how dem go take survive probably after struggling dem come use the money way them suppose to take hold body come go invest am in bitcoin e come happen say they  experience lose in the market.

You know how in go take pain Dem for body at this point him go begin dey regret say assume mean say him know say him for use the money go buy some food stuffs, this thinking go reach one full month sometimes self in go past one full month dem go still dey think about the lose, though bitcoin na very good asset that can profit us in the future but no go put body for bitcoin investment when you never chop well.

[Miles2006]

Everybody get how them dey take survive and mere looking at the hard economy and poor growth the common man no fit reason bitcoin, to invest na wetin need steady income mostly if na dca strategy, if na lump sum e try dey understandable because person fit receive money anytime maybe selling of property or land etc, even if na lump sum the economy dey too bad for person to carry money wey no dey sufficient invest at once. Me I believe say bitcoin investment na for the ones wey sure say them go receive salary and bonus steady so investing no be big deal and the investment choice na bitcoin wey dey bring profit. As for the question, na who get money dey invest mostly for this time investing belike like burden for some people due to hardship.

[EluguHcman]

The Bitcoin said to be for everybody is literally on its accessibility that which aside individual governments and authorities, everyone has the right and different purposes to adopt Bitcoin and then, while certainly, it is not for everyone in terms of adopting it for profitablity such as trading and Investing when an individual is struggling on the provisions of essential needs such as consumable commodities.

There are much more to do with more than having it in an invetainment system like Bitcoin which profits does not come quickly such as the stock traders may be able t generate quick income to solve emergency needs.

Anyone holding funds elsewhere and still struggling on essential things like eatable and medications which sustains the life to be able to pursue that income must be joking with its life.

But anyone who can afford these essential needs and still remains financially imbalance can of course be good to invest on Bitcoin because then you needed to grow on your income and increase your portfolio in other to live a more better or expensive life and not like one struggle on the survival of life that can not be guaranteed on what to eat and their healthy beings.

So then, I agree with you that Bitcoin is certified financial technology for everyone but not convenience for everyone.

[Y3shot]

Bitcoin is for all thst can afford to invest in it. Their are some other investments that investing in it will take a lot of process but in bitcoin their is no limitation to invest it, the only thing that limit people from investing is the lack of steady income but so far as one is able to afford it  is very easy to invest bitcoin.  It is not a must that everyone must invest in bitcoin, for those who can afford it, it is just better for them to never force themselves just to invest in bitcoin instead it is better for them to be able to put their self in order by looking for a means of having good income that can generate money that can make one to have access in investing bitcoin.. it will be best for people to stop thinking of investing bitcoin but rather to work on their self to be financially sufficient to enable them to partake in bitcoin investment.

[Cryptohygenic]

And hunger is the time when you don't have anything to eat so those who are hungry too can't invest because they have to eat first.

No be lie bitcoin no really be for everybody and no be only for the aspect of individual income levels way to qualify person to invest on this bitcoin but also one on one emotional capacity way fit dey stabilize when the market dey try distabilize your positive impacts for the industry during when price dey fall. Na there the main sentiment dey take start.
We know say people dey way no fit stand the risks to invest for bitcoin even if them fit afford the lost talk more of who dey hungry way no fit afford a lost dime way fit be their last card or even say hunger dey wire person and u get money for someone just lock up cos u dey find Interests.
E no possible at all.

[Mate2237]

As for me oh, I no fit invest on bitcoin when those not alright withe and I can't invest in bitcoin when I no dey do anything to generate extra income. If I invest in that then it is not investment because I go still collect back and I fit lose sef if the price never go up. I don create similar thread say, https://bitcointalk.org/index.php?topic=5472973.msg63110565#msg63110565

From the beginning of my journey to the forum me I know say bitcoin no be fun e all and not everyone go fit invest in bitcoin because of the duration to wait and many no like to wait for that long period of time. They just need quick quick money. Dat is why when we tell people to even invest and tell them di conditions, dem no fit. People wey never chop belle full nai go do investment for bitcoin? Dey play.