Is Bitcoin Only For The Rich?

[osasshem]

The rich are risk takers, because they look forward to see the possibility in what they are about to do, not that they don't think of the possible failure, but deep down, they know it will not affect them at the moment because they are financially buoyant to face what comes. The poor/middle class will want to check every odds of the result, and if the odds of losing is equal or a little lower than winning, the zeal will be small, cause every single penny lost is like a hundred steps backward for them.

The statement The rich gets richer, while the poor gets poorer is hard to accept but its the truth, which is simply dragged down to one's mindset and perspective of viewing things. Bitcoin is for everyone, just having a change in the perspective of view gives a totally different picture.

[Grace333]

The rich are risk takers, because they look forward to see the possibility in what they are about to do, not that they don't think of the possible failure, but deep down, they know it will not affect them at the moment because they are financially buoyant to face what comes. The poor/middle class will want to check every odds of the result, and if the odds of losing is equal or a little lower than winning, the zeal will be small, cause every single penny lost is like a hundred steps backward for them.

The statement The rich gets richer, while the poor gets poorer is hard to accept but its the truth, which is simply dragged down to one's mindset and perspective of viewing things. Bitcoin is for everyone, just having a change in the perspective of view gives a totally different picture.

The rich can take bigger risks because they have the huge money, but like you said, it is really about mindset. Even with small amounts, consistency in Bitcoin pays off, and people overlook that because they want fast results. The market does not care if you are rich or poor, it only respects patience and belief in what you are doing..
And honestly, that rich get richer thing you said always hold.. A lot of early Bitcoin millionaires started with little, they just had the courage to act. The poor or middle class may not risk big yes, but they have sha got the discipline advantage as well, I believe small and steady moves today can change everything tomorrow…

[Mr_Brilliant$]

The rich are risk takers, because they look forward to see the possibility in what they are about to do, not that they don't think of the possible failure, but deep down, they know it will not affect them at the moment because they are financially buoyant to face what comes. The poor/middle class will want to check every odds of the result, and if the odds of losing is equal or a little lower than winning, the zeal will be small, cause every single penny lost is like a hundred steps backward for them.

The statement The rich gets richer, while the poor gets poorer is hard to accept but its the truth, which is simply dragged down to one's mindset and perspective of viewing things. Bitcoin is for everyone, just having a change in the perspective of view gives a totally different picture.

You talk am well, bro. Na mindset really dey separate the rich from the poor most times. True true, Bitcoin no be only for the rich, e just be say rich people dey take risk faster because dem no too fear loss. But if person from poor background reason am well and understand the long term game, e fit still make am big from Bitcoin..

The real difference na patience and consistency. Even if na small small you dey buy, e still count. Because at the end, na who hold am long and understand wetin dem dey hold go enjoy the reward. So yeah, Bitcoin na for everybody wey get patient and discipline, no be only for rich people..

[DiMarxist]

The rich are risk takers, because they look forward to see the possibility in what they are about to do, not that they don't think of the possible failure, but deep down, they know it will not affect them at the moment because they are financially buoyant to face what comes. The poor/middle class will want to check every odds of the result, and if the odds of losing is equal or a little lower than winning, the zeal will be small, cause every single penny lost is like a hundred steps backward for them.

The statement The rich gets richer, while the poor gets poorer is hard to accept but its the truth, which is simply dragged down to one's mindset and perspective of viewing things. Bitcoin is for everyone, just having a change in the perspective of view gives a totally different picture.

The rich is always looking beyond what they will lose. But is more concerned about what they can gain in return for what they are releasing out. One thing that defines the investment view of people which eventually shapes their financial status going forward is the ability of an individual to hold on to money or the ability of an individual to releasing money too. Because why am seeing this is because the poor is always cautious about the little that, he has so is always not ready to release the little that, he has and you can't get rich when you are not investing your money.

[icebar]

The rich are risk takers, because they look forward to see the possibility in what they are about to do, not that they don't think of the possible failure, but deep down, they know it will not affect them at the moment because they are financially buoyant to face what comes. The poor/middle class will want to check every odds of the result, and if the odds of losing is equal or a little lower than winning, the zeal will be small, cause every single penny lost is like a hundred steps backward for them.

The statement The rich gets richer, while the poor gets poorer is hard to accept but its the truth, which is simply dragged down to one's mindset and perspective of viewing things. Bitcoin is for everyone, just having a change in the perspective of view gives a totally different picture.

And honestly, that rich get richer thing you said always hold.. A lot of early Bitcoin millionaires started with little, they just had the courage to act. The poor or middle class may not risk big yes, but they have sha got the discipline advantage as well, I believe small and steady moves today can change everything tomorrow…

There are many who are rich or wealthy today who became rich from very poor. In my opinion, to become rich, it is not only about having money but also about making the right investment platform. Those who are poor today but are interested in investing in Bitcoin will definitely get good returns on their investment at some point. The strong step they have taken to accumulate Bitcoin without spending money at this time will definitely return to a profitable state in the long run. Both the rich and the poor have equal rights in Bitcoin investment, but the rich can invest more quickly if they want, which is not possible for the poor. However, willpower and Bitcoin's DCA give them the opportunity to see that dream.

[Fivestar4everMVP]

Think back to Bitcoin's early days when it was worth just pennies. If a poor folk and a rich folk had both invested at the same time, who do you think would have held on until now? Bitcoin offers a path to financial inclusion for everyone. It doesn't discriminate based on your bank account balance. Its true power lies in its accessibility and the opportunity it provides for anyone, rich or poor, to participate in a decentralized financial system.

Everything you have said is the right thing, it is rather unfortunate that not every one will become rich from investing in bitcoin, and that right now, most poor people who don't understand bitcoin have to believe that bitcoin was created for the rich alone simply because they can't afford to buy up to one bitcoin, they simply forget or didn't realize that there was a time when the price of Bitcoin was almost zero, they forget that there was a time when with a laptop, one could mine tens of bitcoins if not hundreds or more..

It's unfortunate that things turned around for bitcoin so fast that many who come across it now are all feeling left behind, when in reality, it is not so, they fail to realize that them coming to the knowledge of bitcoin simply means there inclusion into the system, I simply hope they realize that Bitcoin is here for everyone, it's the reason why we can easily access bitcoin through various exchanges that is open to all, this is not like gold where one has to go through alot of rigorous processes and documentation before he or she get the opportunity to invest in it, and one must also have a certain amount of money to do so.

[Makus]

The rich are risk takers, because they look forward to see the possibility in what they are about to do, not that they don't think of the possible failure, but deep down, they know it will not affect them at the moment because they are financially buoyant to face what comes. The poor/middle class will want to check every odds of the result, and if the odds of losing is equal or a little lower than winning, the zeal will be small, cause every single penny lost is like a hundred steps backward for them.

The statement The rich gets richer, while the poor gets poorer is hard to accept but its the truth, which is simply dragged down to one's mindset and perspective of viewing things. Bitcoin is for everyone, just having a change in the perspective of view gives a totally different picture.

And honestly, that rich get richer thing you said always hold.. A lot of early Bitcoin millionaires started with little, they just had the courage to act. The poor or middle class may not risk big yes, but they have sha got the discipline advantage as well, I believe small and steady moves today can change everything tomorrow…

There are many who are rich or wealthy today who became rich from very poor. In my opinion, to become rich, it is not only about having money but also about making the right investment platform. Those who are poor today but are interested in investing in Bitcoin will definitely get good returns on their investment at some point. The strong step they have taken to accumulate Bitcoin without spending money at this time will definitely return to a profitable state in the long run. Both the rich and the poor have equal rights in Bitcoin investment, but the rich can invest more quickly if they want, which is not possible for the poor. However, willpower and Bitcoin's DCA give them the opportunity to see that dream.

Something i like to differentiate between rich and wealthy, from perspective based on some contextual argument i pose rich to be those who has money or make huge amount of money ones in a while. For instance a gambler can become rich by wining some millions, but on the other hand those who i deem fit to be called wealthy are those with consistent income that sets them in rich positions consistently, either by investment or salary. Provided it is consistent. Over the years alot of people have doubted if bitcoin is ever gonna go up further but the more they doubt the more we see the market in an upward direction however people are becoming wealthy from bitcoin investment but patience is the key to unlocking this platform.

[Skydrill]

The rich are risk takers, because they look forward to see the possibility in what they are about to do, not that they don't think of the possible failure, but deep down, they know it will not affect them at the moment because they are financially buoyant to face what comes. The poor/middle class will want to check every odds of the result, and if the odds of losing is equal or a little lower than winning, the zeal will be small, cause every single penny lost is like a hundred steps backward for them.

The statement The rich gets richer, while the poor gets poorer is hard to accept but its the truth, which is simply dragged down to one's mindset and perspective of viewing things. Bitcoin is for everyone, just having a change in the perspective of view gives a totally different picture.

The rich can take bigger risks because they have the huge money, but like you said, it is really about mindset. Even with small amounts, consistency in Bitcoin pays off, and people overlook that because they want fast results. The market does not care if you are rich or poor, it only respects patience and belief in what you are doing..
And honestly, that rich get richer thing you said always hold.. A lot of early Bitcoin millionaires started with little, they just had the courage to act. The poor or middle class may not risk big yes, but they have sha got the discipline advantage as well, I believe small and steady moves today can change everything tomorrow…

To become rich, it is very necessary that one has to take risk, that is one thing that is very common with rich people, they are risk takers and they never hesitate to take risk and that the very difference between the rich and the poor, for instance, most of America's billionaires venture into business that ordinarily most people wouldn't consider going into not minding the risk involved, not minding whether they might lose their capital, but today most of these men are being celebrated because they saw the positive side of the future many people never saw.

[Ever-young]

Something i like to differentiate between rich and wealthy, from perspective based on some contextual argument i pose rich to be those who has money or make huge amount of money ones in a while. For instance a gambler can become rich by wining some millions, but on the other hand those who i deem fit to be called wealthy are those with consistent income that sets them in rich positions consistently, either by investment or salary. Provided it is consistent. Over the years alot of people have doubted if bitcoin is ever gonna go up further but the more they doubt the more we see the market in an upward direction however people are becoming wealthy from bitcoin investment but patience is the key to unlocking this platform.

Salary??
I was even thinking you’d say something like either investment or assets. Because that’s how I believe wealthy people generate their wealth. You can’t be earning salaries and consider yourself to be wealthy. Yeah, a rich man can be earning  sweet mouthwatering salary but no matter how huge the salary is, the wealthy people are not moved by it, they’re more interested in investments, acquiring assets and wealth creation. That’s one difference between the rich and the wealthy.

[kasablings]

I see bitcoin as an evolution for the poor to be made rich.bitcion is not only for the rich.so long has you have knowledge on it,you can make explort with it.so bitcoin is an opportunity for the rich to become richer,and the poor to become rich.bitcion is for everyone just have the knowledge of it and all is said and done.

[Fiasem20]

Asking if bitcoin is only for the rich is just like asking if our traditional currency were designed only for the rich.Anybody can benefit from bitcoin's financial system just like you and I are benefiting from it,no social class is exempted from benefiting.
Poor folks aren't just productive;they're often misdirected. They get excited about making quick profits and end up falling prey to Ponzi schemes.Life isn't just about taking risks; it's about taking calculated risks with worthy outcomes.The world has evolved,and Bitcoin is now recognized as a legitimate investment.Meanwhile,some still prefer holding onto traditional currency rather than holding Bitcoin which yield profitable returns.I believe that being poor is a mindset.Nobody is born with wealth;even the rich started from scratch. With the right mindset, anyone can overcome poverty and thrive.

[Makus]

The rich are risk takers, because they look forward to see the possibility in what they are about to do, not that they don't think of the possible failure, but deep down, they know it will not affect them at the moment because they are financially buoyant to face what comes. The poor/middle class will want to check every odds of the result, and if the odds of losing is equal or a little lower than winning, the zeal will be small, cause every single penny lost is like a hundred steps backward for them.

The statement The rich gets richer, while the poor gets poorer is hard to accept but its the truth, which is simply dragged down to one's mindset and perspective of viewing things. Bitcoin is for everyone, just having a change in the perspective of view gives a totally different picture.

And honestly, that rich get richer thing you said always hold.. A lot of early Bitcoin millionaires started with little, they just had the courage to act. The poor or middle class may not risk big yes, but they have sha got the discipline advantage as well, I believe small and steady moves today can change everything tomorrow…

There are many who are rich or wealthy today who became rich from very poor. In my opinion, to become rich, it is not only about having money but also about making the right investment platform. Those who are poor today but are interested in investing in Bitcoin will definitely get good returns on their investment at some point. The strong step they have taken to accumulate Bitcoin without spending money at this time will definitely return to a profitable state in the long run. Both the rich and the poor have equal rights in Bitcoin investment, but the rich can invest more quickly if they want, which is not possible for the poor. However, willpower and Bitcoin's DCA give them the opportunity to see that dream.

bitcoin was created for both the poor and the rich it is now our decision  to make if we really want to invest in it. though sometimes the reason peopele dont invest in bitcoin is beacause they feel it was ment for the rich due to the high value of price, but what they fail to understand is that, pice was once cheap before it got that level and the increment in price is done in percentage so your capaital will also determine the magnitude of your profit. that aside we can still our investment now and wait just like the early bitcoiners to reap reward if you have not yet started making investment. they say when preparation meets opportunity the result is success, so the question is, are you prepared?

[Mr_Brilliant$]

Asking if bitcoin is only for the rich is just like asking if our traditional currency were designed only for the rich.Anybody can benefit from bitcoin's financial system just like you and I are benefiting from it,no social class is exempted from benefiting.
Poor folks aren't just productive;they're often misdirected. They get excited about making quick profits and end up falling prey to Ponzi schemes.Life isn't just about taking risks; it's about taking calculated risks with worthy outcomes.The world has evolved,and Bitcoin is now recognized as a legitimate investment.Meanwhile,some still prefer holding onto traditional currency rather than holding Bitcoin which yield profitable returns.I believe that being poor is a mindset.Nobody is born with wealth;even the rich started from scratch. With the right mindset, anyone can overcome poverty and thrive.

Exactly, dem nor make Bitcoing for a specific class of people, it is open to anyone willing to learn and take calculated steps.. The truth is, most people who think Bitcoin is for the rich just nor understand how it really works..  Like you said, poverty most times na mindset..
Even the rich had to start small before getting to where they are today..  What matters na their mind and having the right information..  Anyone can build wealth through Bitcoin if they stop chasing quick profits and focus on long term value..

[mustapha67]

Sincerely speaking, even as a newbie I understand that Bitcoin is anchored on democracy. This means that everyone has the right to work with Bitcoin, whether rich, or poor. It a forum for everyone who sees the need for becoming a member. As a matter of concern, Bitcoin recognizes both the low, and the high personalities.

Bitcoin is a social environment created to cover for the unjust dealing, and maltreatment of the country's economy.Consequently, it allows freedom of association, operation and merit, where necessary. It is a general site for all manner, and caliber of people within and outside the country.

Therefore, it is important to understand that Bitcoin is more of a business center for people as regards mass employments, creation of funds, and the fundamental resources.

[GIF-JOBS]

Asking if bitcoin is only for the rich is just like asking if our traditional currency were designed only for the rich.Anybody can benefit from bitcoin's financial system just like you and I are benefiting from it,no social class is exempted from benefiting.
Poor folks aren't just productive;they're often misdirected. They get excited about making quick profits and end up falling prey to Ponzi schemes.Life isn't just about taking risks; it's about taking calculated risks with worthy outcomes.The world has evolved,and Bitcoin is now recognized as a legitimate investment.Meanwhile,some still prefer holding onto traditional currency rather than holding Bitcoin which yield profitable returns.I believe that being poor is a mindset.Nobody is born with wealth;even the rich started from scratch. With the right mindset, anyone can overcome poverty and thrive.

Exactly, dem nor make Bitcoing for a specific class of people, it is open to anyone willing to learn and take calculated steps.. The truth is, most people who think Bitcoin is for the rich just nor understand how it really works..  Like you said, poverty most times na mindset..
Even the rich had to start small before getting to where they are today..  What matters na their mind and having the right information..  Anyone can build wealth through Bitcoin if they stop chasing quick profits and focus on long term value..

Those who have this kind of mentality should first change this mentality, because if they have this kind of thinking, then they will never be able to achieve success. No matter what your income is, you just have to have the mentality of starting, those who can start, they will definitely be able to achieve success at some stage, but those who move away before starting, they always remain failures, so by all means, start small, keep growing.

[MainIbem]

Those who have this kind of mentality should first change this mentality, because if they have this kind of thinking, then they will never be able to achieve success. No matter what your income is, you just have to have the mentality of starting, those who can start, they will definitely be able to achieve success at some stage, but those who move away before starting, they always remain failures, so by all means, start small, keep growing.

Some people are just too impatient to wait for a longer period of time investing in Bitcoin, so they'll just come up with excuses that would discouraged them from starting even when the have their discretionary funds intact for investment, although I'm aware that their are others who really don't have the necessary funds for investment hence they'll just conclude that investing in Bitcoin is for the rich but they're wrong because Bitcoin is for everyone, although they failed to invest when the price was cheaper but it's not too late, since they can still buy in bits consistently when their discretionary is intact.

[Zackz5000]

Something i like to differentiate between rich and wealthy, from perspective based on some contextual argument i pose rich to be those who has money or make huge amount of money ones in a while. For instance a gambler can become rich by wining some millions, but on the other hand those who i deem fit to be called wealthy are those with consistent income that sets them in rich positions consistently, either by investment or salary. Provided it is consistent. Over the years alot of people have doubted if bitcoin is ever gonna go up further but the more they doubt the more we see the market in an upward direction however people are becoming wealthy from bitcoin investment but patience is the key to unlocking this platform.

Salary??
I was even thinking you’d say something like either investment or assets. Because that’s how I believe wealthy people generate their wealth. You can’t be earning salaries and consider yourself to be wealthy. Yeah, a rich man can be earning  sweet mouthwatering salary but no matter how huge the salary is, the wealthy people are not moved by it, they’re more interested in investments, acquiring assets and wealth creation. That’s one difference between the rich and the wealthy.

Without an investment a salary earner can't grow there is no way he can be rich or wealthy without investments and other business too, the wealthy people we see has many source of income that generates them more money.
There are time in a man's life that salary alone can't solve some basic need in the family, you will pay children school fees you will build house too so depending on a salary will be a total mess up wealth comes by investment and businesses.

[Promocodeudo]

Without an investment a salary earner can't grow there is no way he can be rich or wealthy without investments and other business too, the wealthy people we see has many source of income that generates them more money.
There are time in a man's life that salary alone can't solve some basic need in the family, you will pay children school fees you will build house too so depending on a salary will be a total mess up wealth comes by investment and businesses.

I think people should understand that it is a practical thing, has their ever been a salary earner that eventually became rich without investing in something meaning, be it a business or any other investment that make him or her to grow financially, I think there's non of such person.
I think no one should even think of depending on salary because thats the easiest way to get poor, if someone decides to depend on salary without investing little from the salary by figuring out the discretionary income from that salary, I think that person will be doomed when the time if he or she doesn't plan well, investment remains the key to a strong and solid financial future of anyone.

[Callido]

I see bitcoin as an evolution for the poor to be made rich.bitcion is not only for the rich.so long has you have knowledge on it,you can make explort with it.so bitcoin is an opportunity for the rich to become richer,and the poor to become rich.bitcion is for everyone just have the knowledge of it and all is said and done.

The poor must have good capital to invest, that is the difficulty investing in Bitcoin. The rich will find it easier to build a strong portfolio, compared to a poor investor who barely have enough to spare into their investment. Some poor persons don't have the funds to invest, the little they gather to cope with expenses will be wild for them to use investing in Bitcoin knowing that the market is best profitable for a long term. The poor tries to accumulate more at dips while the rich starts off at any moment without placing much attention on the current price.

[ASloveapg]

I see bitcoin as an evolution for the poor to be made rich.bitcion is not only for the rich.so long has you have knowledge on it,you can make explort with it.so bitcoin is an opportunity for the rich to become richer,and the poor to become rich.bitcion is for everyone just have the knowledge of it and all is said and done.

The poor must have good capital to invest, that is the difficulty investing in Bitcoin. The rich will find it easier to build a strong portfolio, compared to a poor investor who barely have enough to spare into their investment. Some poor persons don't have the funds to invest, the little they gather to cope with expenses will be wild for them to use investing in Bitcoin knowing that the market is best profitable for a long term. The poor tries to accumulate more at dips while the rich starts off at any moment without placing much attention on the current price.

A poor person with discretionary income can start investing in Bitcoin in DCA, if he keeps buying continuously without any hesitation about the price, his portfolio will continue to grow very well, there is no problem with that, and everyone can invest using the DCA strategy, even a poor person, even if his income is very low, he can buy Bitcoin continuously through it if he wants, without distinguishing between the rich and the poor, everyone should just start investing according to their own ability. An investor should have the mentality that, you don't need to think about who is investing and how, you just look at yourself, if you don't have any Bitcoin, then even if the price of Bitcoin skyrockets, you have no benefit from it, those who have bought Bitcoin will enjoy the benefits from it, so the difference in investment is not only in money, everything is possible if there is desire, people can reach a very big level even if they start from zero, they just have to have the desire.