Can everyone invest in Bitcoin.

[Daniel91]

Can everyone invest in Bitcoin?
The honest answer is no.
I know newbies you guys usually hear people say Bitcoin investment is for everyone and anyone can start investing in Bitcoin and succeed in it.
I'm here to tell you guys the truth which is Bitcoin is not for everyone. If you are poor you can't invest in Bitcoin so it simply means Bitcoin investment is not for you, if you are impatient Bitcoin long term investment is not for you, if you are not a risk taker Bitcoin investment is not for you.
Their may be others who can't actually invest in Bitcoin but this 3 set of people I mentioned can't invest in Bitcoin even if they choose to invest in Bitcoin because they heard about someone that made huge amount through Bitcoin investment they will still not succeed in it as long as they still have this 3 things I mentioned in them.
So if you are a newbie and you have this 3 things I mentioned in you kill it before joining Bitcoin investment or you forget about Bitcoin investment and focus on other things.

No matter rich or poor, everyone has the ability to buy Bitcoin, but not everyone can hold it for a long time, that's the difference. Because if you are poor, can't you buy BTC? Of course you can buy it for $10, in this way you can continue DCA and gradually increase the amount of investment. Here I agree that for long-term holding, you must take risks and be patient. Many people plan for a short time but those who cannot hold for a long time, may face losses instead of profits. So we can say that investing in Bitcoin is for everyone but long-term holding is not for everyone and not everyone can be successful in investing.

Yes I agree with you because everyone can invest in Bitcoin regardless of rich or poor but poor people may invest less in Bitcoin and rich people may invest more in Bitcoin in this case there may be a difference between rich and poor but everyone can invest in Bitcoin. As OP mentioned here it can actually create fear in newbies to invest. I am new to this forum and I am trying to continue investing. But I do not agree with the way OP said it.

I agree, emotions are very important in this story. When institutional or big investors invest in bitcoin, they invest according to long-term investment plans of 10+ years. Can small investors afford such long-term plans and wait for years to make a big profit? Unfortunately, no. Most want to see profit within a month or two and withdraw gains as soon as possible. It would be interesting to ask members who bought BTC in the early days, when it was very cheap in 2010, 2011, 2014, etc., how long they waited before they started selling their BTC. Did they really expect at that time that BTC would one day cross the magical 100,000$ mark? I believe very few people believed in it and were willing to wait 15 or 16 years for it to happen. So, anyone can invest in bitcoin, but most will not make a serious profit.

[tech30338]

if you are trying to say that poor people can't invest yes if they don't have computer, but being poor but they have money they can rent a computer for example, since internet on some places are accessible and they can rent for a few hours, then if they have save a bit of a cash they can do so, its just a matter of how or need to find a way to, you just need money some people are poor but in reality they are just saving, so i think if they can learn or know about it they can invest with the right people teaching them, not with those who will take advantage of them.

[Zanab247]

Yes, if there is a special agreement between government and BTC users it can make everybody in the world to invest in BTC, because it will be the favour of those that invest in BTC. We know that government have the power and the resources to create some learning center where both adults and children can learn BTC and other cryptocurrencies before the government will make the law that will make everybody in the country to invest any amount of money they can afford to lose in BTC investment because government know it will help the country to grow financially and materially to eliminate unemployment completely from the country.

I don't know why some governments don't want to allow their citizens to have access to BTC. There are some people that just believe that BTC will destroy their local currency which is not true, because other countries that made BTC legalized are enjoying the benefits of their currency and BTC.

[cxtreenal]

if you are trying to say that poor people can't invest yes if they don't have computer, but being poor but they have money they can rent a computer for example, since internet on some places are accessible and they can rent for a few hours, then if they have save a bit of a cash they can do so, its just a matter of how or need to find a way to, you just need money some people are poor but in reality they are just saving, so i think if they can learn or know about it they can invest with the right people teaching them, not with those who will take advantage of them.

Bitcoin investment will require technical knowledge. You do not need such heavy equipment like a computer for investment. You can invest in Bitcoin by acquiring technical knowledge through a phone you have. Knowledge related to wallet management and DCA strategy and discretionary income for Bitcoin savings are a combination of these three. Start Bitcoin for the purpose of large profits instead of expecting small profits. That period should be 4-10 years Weekly accumulation strategy.
Bitcoin does not require a lot of money. The amount of funds that you have to fulfill your needs from your earnings at the end of the week is for Bitcoin accumulation. So you do not have to be very experienced to become a bitcoiner. Bitcoin is suitable for investors of any income, poor or rich. DCA strategy for 4-10 years is best for the poor to reach the strong financial position.

[Baki202]

if you are trying to say that poor people can't invest yes if they don't have computer, but being poor but they have money they can rent a computer for example, since internet on some places are accessible and they can rent for a few hours, then if they have save a bit of a cash they can do so, its just a matter of how or need to find a way to, you just need money some people are poor but in reality they are just saving, so i think if they can learn or know about it they can invest with the right people teaching them, not with those who will take advantage of them.

I will take the computer writing to be capital, and your financial status should not be a challenge. The challenge is the capital, and one thing the person needs is a source of income, because that way, they will be able to do DCA, which does not really have anything to do with their financial status, because there are a lot of things that, if they are properly put in place, they don't need to worry about your financial status; you just have to have a specific amount budgeted for your DCA.

And if it is about saving your money, is it not better to just use the money to buy Bitcoin, because it is not as funny as we all think, but these things can be properly put in place because the information for guidance is already there. so how you make use of it is what matters because that is what is most important.

[iBaba]

Can everyone invest in Bitcoin?
The honest answer is no.

There could be many reasons to serve as why some are not investing in bitcoin, some could be that they don't have the capacity to do so financially, while some already have enough resources and were aware of bitcoin, but could not afford to risk the investment, also, some are not able to understand the network to a convincing rate whereby they can be moved or persuaded for an investment consideration, many factors could have been the cause to why some are not investing and its obvious not everyone will invest.

The truth is, it is not everyone that avoids bitcoin out of ignorance or disbelief, some people are not participating simply because of lack of financial capacity which is most likely the case for many young people in my country. Imagine when someone is already struggling to cover basic needs, it is going to be nearly impossible for them to take on any form of investment risk at same time even if the opportunity is advertised to you and looks good to you.

There are some of people who are also naturally not risk takers, in fact some of them are so scared of taking risks in areas they're just getting introduced or any digital assets and prefer assets they have already understood or trust especially if they have responsibilities that make losses harder to accept.