Poor people and Bitcoin talks.

[Ayebabara]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

[_act_]

This is bitcoin speculation board, a board that can be used to discuss about the price of bitcoin. It is not board to condemn people and it should not be used for such a thing.

I do not know about what you are thinking or know about people around you, but just know that as some people will not be rich, some people will be rich. If you are talking about signature campaign, anywhere there is money, expect people to be there. But if you talk about people that are not earning any money or bitcoin at all, people may not know what you are talking about.

You do not have to be rich before you invest on bitcoin, if it is just $100 that you are earning every week, you can invest some of them in bitcoin if you have discretionary income.

[Fiatless]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

Poor people are more concerned about their basic needs than investing. Since Bitcoin can be bought in bits, people can still buy it based on their financial abilities. Some poor people cut their expenses so that they can buy Bitcoin using the DCA strategy.

Anyone who assumes that Bitcoin is a get-rich-quick scheme is ignorant. They should also know that the days of cheap or free Bitcoin are over.

Those who assume that all  Bitcoiners are rich are not aware that Bitcoin can be bought in bits. They have this false belief that bitcoiners must own one or more Bitcoins.

[Finebone]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

What you are talking about is totally different from the title of the thread, but that's by the way. Any poor person that thinks for anyone to invest in bitcoin, that person must be rich, then that person is just ignorant of Bitcoin and how it works, because a knowledgeable person wouldn't think or season that may.

Furthermore, it's rare to see people that are still ignorant to that extent of reasoning like that, but the main cause of such way of thinking is ignorant, but am not too surprised because lack of knowledge makes you look like an idiot, since you may talk or keep on asking a ridiculous question.

[Rockson1]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

What do you mean by poor people? Anyhow that has discretionary income can invest in Bitcoin i don't go into discussion about trading, there is no free money anywhere, Bitcoin has no free money to give to anyone, if you want to invest, you must shoulder it with your discretionary income gradually and consistently with patience to hodl for a long-term, I don't see any bad thing there if you talk about Bitcoin when you do not have money, there is nothing that stops those that have no money to invest in Bitcoin from discussing about it, if someone has the intention to invest in Bitcoin and maybe do not have discreationary income at that moment, there nothing wrong if the person discuss with people and continue to look for ways to figure out discreationary income to start investing, what I do not support is someone raising people's hope as there are bag of money to be given for free as soon someone starts to invest in Bitcoin.

[crwth]

For those without the financial capacity, this is not recommended. Imagine the feeling of someone with the last of their money in crypto, where it is so freaking volatile they'd feel helpless.

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.

Are you talking about "poor" as in people with no money, right? Not poor in belief or poor in spirit, meaning lacking it right? How would you expect them to trade if they don't have money? Not everyone can invest in BTC, and if they are that poor, how would they even discover it without any other tech gadgets or something?

[cryptomaniac_xxx]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

Investment needs money, so by definition of poor, no money or lack thereof, then it will be very hard for them to go to Bitcoin. Let's be frank about it, those that can afford to invest are people that might have a decent job, or a business that they have discretionary funds, e.g. extra money after paying all their bills.

So that money can be invested into Bitcoin. But if you are that individual that lives pay check to check, then it could be very difficult to invest. Those who says that you don't need money to invest is not correct. Maybe there are people who find their forum, then make money out of it. But still you need to invest your time and effort so it's not like that Bitcoin is the magic internet money that can make everyone rich.

[Tonimez]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

What exactly is the goal for this thread because I tried to figure out the aim but I couldn't since even the topic reads different from the content of the topic. The world is a free place and everyone is at the liberty of discussing about the happenings going on around them. Poor people have equal right to discuss bitcoin or even assume anything about bitcoin same way the rich also has same right. Bitcoin is for all and this is what everyone has to learn, a person may love bitcoin but lacks the money to start their investments, this doesn't hinder them from sharing their views about bitcoin. Even some rich people also get so profit minded about bitcoin at a time not to talk about poor people who are wishing they could own bitcoin.

Not having money to invest in bitcoin can be due to other factors aside poverty too. A person may not be poor but lacks the discretionary income to invest in bitcoin at that moment probably due to some unforeseen occurrences or due to other factors that happens. This does not also mean he wouldn't invest later when he is financially stable.

[BitMaxz]

I believe the main point of his topic is that people who participate in or earn money from signature campaigns do not buy Bitcoin with their own money.

Am I right?

But have you considered how poor people might access the internet and find this forum?
Most of the poor people don't have money to buy a good phone and access this forum or a budget to buy internet data, and poor people have a different mindset; instead of going to invest their money into Bitcoin, they are going to use their money to buy food to feed their families.
You might be talking about the average person? Not rich and not so poor?

[liasbaa]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

Many people discuss short term trading because some social media platforms post tempting messages. That's why many newbies are drawn to trading. Many people will not advise you on sustainable long term investment strategies. Some shit projects attract new traders with tempting advertisements. If someone falls into their trap without analyzing the market that trader cannot return his capital.

Bitcoin is the best way for long term investment, not for trading. Bitcoin is designed as a strategy for following a long term accumulation strategy. If you expect to get rich from Bitcoin in a short time, it is not a sustainable endeavour. This valuable digital asset is not suitable for trading due to its volatility in value. To get rich, you have to accumulate Bitcoin for the long term. Although investors cannot accurately predict the future value the probability is that the price of Bitcoin will skyrocket in the future. There will be risks in investing. To prevent potential risks continue to Bitcoin through discretionary income and adopt a 4-10 year investment horizon.

[Marvelockg]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money.

Most traders are always too hyped up about how much they make via trading and the reason for that is because most of them carry out trading classes and would normally make their incoming student have the believe that making money through trading comes on a platter of gold.

like you must have noticed, there is no way you can earn in bitcoin by doing nothing. even on the forum where there is signature campaign, participant are paid for service rendered and not just for sitting and doing nothing. if it were that simple to earn just because you are involved in bitcoin, everyone in the forum would have been earning thousand worth of bitcoin.

[khiholangkang]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

No one knows if you or I or anyone else on the forum is rich or poor here the anonymity is very high so even if someone is good at explaining about bitcoin or trading it doesn't necessarily mean they are rich, because what they explain is what they know not what they have in their wallet.
For example, someone often reads how to manage a company, how a business runs, but not necessarily he is a successful businessman and entrepreneur, I believe that everyone here must have bitcoin or have had bitcoin, but not necessarily they are rich or poor, no one knows.
Bitcoin you don't have to buy it round, just collect a few satoshi from the rest of your salary at the end of the month, or even you are just a student who likes to talk about bitcoin and can only buy $10 bitcoin from your pocket money.

[tabas]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.

They are free to go and trade but that's not how easy as it may seem. If someone don't have money to invest in bitcoin or start their trading journey, that's what they need to figure first. On how they're going to make money and that's through finding a job or sell something that they can profit with.

They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

Think of this forum as the website you're talking about and it's with foundation for knowledge instead.

[Y3shot]

It is just the mindset that people who don't understand bitcoin have towards it, and that is why some people can kill just because they find out someone is into bitcoin, which they don't even realize is a reasonable amount.

One thing about bitcoin is that if you don't do your research to get a real understanding of what it is, you will definitely think about it in your own way, which may even mislead you. Ignorant people think that once you start investing in bitcoin, you will become rich, which is not true.
Bitcoin is not a get-rich-quick scheme; it is a long-term investment, and you must be patient if you want to yield good profits from your investment. Ignorance leads many people to believe that once they invest in bitcoin, they will become rich, and it misleads them into investing amounts that they can't afford to lose.

[Ndabagi01]

The way people actually see bitcoin is really different from the way it is actually. There is this perception all over the place even where I come from that when people hear you’re into cryptocurrency, they just assume that’s you’re a rich person without them even knowing anything about it. When people now even hear that you’re a trader, they see you as one big bank that never runs out of money and can depend on anytime for funds.

This perception of the people is being built by the nature of the fancy lifestyle some crypto investors and traders are showing online. While few are true, and many of them projecting and sharing fake life’s with them into thinking that everyone that’s into it will make money from it. People who truly make money true their hardwork on this space, they don’t go around flaunting it or buying people to come have same lifestyle as them. Cryptocurrency is not a get rich quick scheme, and the earlier the people know, the better for them all.

[Coyster]

They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

I don't know where you got that, but i am certain users in this forum always preach caution and patience when investing. Only ignorant people believe that once you start buying bitcoin, even if it is a few sats, that you're rich.

Bitcoin is definitely not a get rich quick scheme and bitcoin is really expensive right now, so what are the chances of getting rich when you buy it. Yes, it is a great hedge for fiat inflation and you can get good ROI over the long run, but the whole wealth thing is really not possible if you are buying just small amounts.

[Agbamoni]

Stop bothering about what people say here and there. People will always talk about a thing that is successful and if it is also not profitable they will talk about it. It is not a crime to talk about bitcoin at all because when you speak of it, we tend to grow more into.it. Trading is a difficult part of bitcoin since it requires a varse knowledge on trading in general to be profitable. Butcoin trading is not different from other asset trading. The differnece is that bitcoin behaviour is different from other asset. A bitcoin trader will have to study bitcoin and experience matters a lot.

[Samlucky O]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

The fact is that there is no free money in Bitcoin, you must invest and be patient and hope for the best and what the future will present itself. Bitcoin investment is for those who can settle their bills and still have some discretion fund to invest, not those looking for what to eat. Investing in Bitcoin is not a must. It's a thing of decition, and I will encourage Those who cant invest what they can afford to lose to better not invest, or Those that don't have money should forget about Bitcoin and do something else maybe business. instead of using the little amount they have to invest and hoping to get rich from it, because they will get disappointed since bitcoin is no a free money program. A poor person that invest a little amount into Bitcoin and expect to get rich from it, did that because of wrong information. They will definitely get panic and sell it in the process. That's why Bitcoin is not for everybody.
 

[FinneysTrueVision]

I would think that most traders are not wealthy people. Portfolios come in all different sizes, from shrimp tier to whale. A shrimp doesn’t necessarily have to be poor, but they might prefer smaller sized trades because they are trying to dollar cost average or buying when there’s a dip. There are strategies for any size trade you want to make.

[@nn@_pen9]

I have been wondering if poor people can go into Bitcoin trading because every here and there, all I hear is people talking about crypto currency investors and trading as if the Blockchain dashes people money, the way people talks about Bitcoin or crypto currency trading is different from what we are experiencing here and those who always talk about this Bitcoin don't even have money to invest into it.
They believe that Bitcoin website is a sure foundation for wealth and that why whenever they hear of the word Bitcoin, they think that you are a rich person.

Anyone can enter the world of cryptocurrency and there is nothing wrong with that person telling you, but the most important thing is that you have to learn first before jumping into that world. And it's crucial for you to understand that trading isn't easy making money requires significant sacrifice, including learning various trading techniques and managing your own money. It's best to avoid such trading, as it can impact your daily needs if not properly managed. Perhaps more accurately, The basis for protecting your money from inflation is of course scarce assets like Bitcoin, not the perception of wealth.