Rich have more opportunities than the poor when it comes to bitcoin accumulation

[SmartCharpa]

So do you agree with me that the rich have more advantage to accumulate more Bitcoin than the poor?

My broda, you should already know that anything involving money in this life, the rich always have more opportunities than the poor. Don’t you see how the poor people are struggling in this country, not to mention having money left to invest in Bitcoin? The rich have many opportunities when it comes to investment, they can invest for the long term as they want, even to hold for more than 10 years without touching their portfolios.

However, Bitcoin is not meant for the rich people alone. You can see how the market keeps changing. Many low income earners are trying to build confidence so they won’t let emotions control them to sell when the market is falling. But not every poor person has the mind to keep watching their money as the market is going up and down. Don’t you think it is because of money that some people consider the market before they invest? But rich people can buy at any time.

[Bright0515]

The rich people have more advantage than the poor. They rich will keep on making more money because they have the capital to start with. The poor have the mindset and investment strategy but the fact that they do not have the capital to start they will remain poor. Even in life the poor can not compete with the rich because they don't have what the rich have.

Rich people will making profits from Bitcoin investment but the poor will only make a little profits because they can not invest and forget about the invest, that is why the poor can only invest for short term. The rich can invest in Bitcoin and forget they invest because the set a goal, a target they want Bitcoin to reach because they can think about selling from their Bitcoin portfolio. Everybody have the choice to invest in Bitcoin but the rich have more advantage because they have a lot of capital to start.

[Different patterns]

It is said that bitcoin is also a means of investment used around the world,but if one want to invest it will be someone who has a means or source of income because investment can't take place the person having means or source to.That means the poor people can't invest because they don't have the source of income to make an investment and t left for the the rich ones only (is that true?)

That is the truth, we can't deny the fact that people with money always have more opportunities than the poor when it comes to investment. Firstly, rich people have more buying things when ever they like. because they can put big funds into a bitcoin without bothering about how they pay for basics like food, rent and other stuff they use. That can let them use steady buying, like buying small amounts of bitcoin weekly or monthly no matter what the price is. And they can handle risk. Where rich people can spread their cash and put some money into Bitcoin and other things, they can also get some financial plan to fit Bitcoin into a bigger plan. Education and information matter too when it comes to investment; when people get basic knowledge about what they are about to do, it makes work easier for them, and rich people have more ways to learn about Bitcoin and the market and teach work, because they can consult other crypto people and learn more, which poor people cannot.

And long-term investments help a lot. Rich people can keep investments for the long term, so they don't care about the short term, so price drops don't scare them as much. They can wait for a good moment to buy a dip.

People with money always get more opportunities when it comes to investment.

[ASloveapg]

The rich people have more advantage than the poor. They rich will keep on making more money because they have the capital to start with. The poor have the mindset and investment strategy but the fact that they do not have the capital to start they will remain poor. Even in life the poor can not compete with the rich because they don't have what the rich have.

Rich people will making profits from Bitcoin investment but the poor will only make a little profits because they can not invest and forget about the invest, that is why the poor can only invest for short term. The rich can invest in Bitcoin and forget they invest because the set a goal, a target they want Bitcoin to reach because they can think about selling from their Bitcoin portfolio. Everybody have the choice to invest in Bitcoin but the rich have more advantage because they have a lot of capital to start.

But here willpower, skills, strategy and the right mindset are very important, a poor person will not always be poor, if he keeps working hard to move forward using his skills and can start everything strategically, then at some point he will also achieve success. Everyone comes from nothing, those who can use their skills properly and make effective decisions, they can definitely achieve success. If you give a lot of money to an unskilled person, but he does not have enough knowledge to use that money properly, then he will lose that huge amount of money in a very short time. So if you have skills and no capital, success cannot be achieved, this is completely wrong, he has to create capital through skills and from that capital he has to start, everything has to be achieved step by step, success can never be achieved overnight, so one has to be patient and have faith in oneself. To achieve success in life, one must work hard, everything is possible to achieve if a person wants and has the will power.

[PremiumcryptoHub]

A rich investors don't need to invest with a strategy even if they should, the rich has the funds to pick a big portion of the dip just when they see it convenient. In life the rich are always meant to have everything at ease, money born money, that's the advantage of a wealthy person when investing, 5 years of your DCA as an average investor can be accumulated by a wealthy person under one buy and one dip period.

A wealthy investor doesn't need to invest strategically, this cannot be right in any way because everyone needs to know the strategy before investing. In my opinion it is probably a must to know why you need to know the strategy before investing: For example volatility, risk management and market understanding are all part of an investment approach so there might not be any difference here because even if we are rich, we all have to comply with these things. It is true that the rich can buy a large portion of the dip market whenever they find it convenient but even then, buying this large portion of them is part of a technique. Moreover the poor struggle more than the rich, therefore my idea those with more wealth in all areas enjoy luxury and find favorable conditions when it comes to investing in Bitcoin.

[Grace333]

The rich people have more advantage than the poor. They rich will keep on making more money because they have the capital to start with. The poor have the mindset and investment strategy but the fact that they do not have the capital to start they will remain poor. Even in life the poor can not compete with the rich because they don't have what the rich have.

Rich people will making profits from Bitcoin investment but the poor will only make a little profits because they can not invest and forget about the invest, that is why the poor can only invest for short term. The rich can invest in Bitcoin and forget they invest because the set a goal, a target they want Bitcoin to reach because they can think about selling from their Bitcoin portfolio. Everybody have the choice to invest in Bitcoin but the rich have more advantage because they have a lot of capital to start.

Na normal thing, truth is money itself dey give people leverage. The rich can buy a bigger bag and comfortably wait for years without stress, while the poor man might need to sell quickly just to sort out life issues. That thing alone makes the game feel unfair. But at the same time, I believe mindset still plays a role, some poor people who stay consistent with small amounts and end up building something..

It is just like you said, the rich have the advantage of capital and time, but that does not mean the poor can not win.. Even if the profits are smaller, the habit of stacking and holding is what creates that slow but sure growth.