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Author Topic: Only the rich can make profit from Bitcoin?  (Read 1487 times)

Offline Domithra

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Only the rich can make profit from Bitcoin?
« on: September 20, 2018, 02:21:03 AM »
Some people harbour the thoughts that Bitcoin investment is meant for only the rich to make extra richness. That is not true. Bitcoin can be used by either the rich or poor to make profit. It requires smartness, patience, and less greediness from both parties to make the best out of Bitcoin.
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Only the rich can make profit from Bitcoin?
« on: September 20, 2018, 02:21:03 AM »

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Offline desanti

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Re: Only the rich can make profit from Bitcoin?
« Reply #1 on: September 20, 2018, 04:21:32 AM »
in my opinion it's not true that investing in bitcoin is not only shown to rich people. but bitcoin can be used by everyone, including the poor, not just rich people because investing in bitcoin is only for profit

Offline Unknown

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Re: Only the rich can make profit from Bitcoin?
« Reply #2 on: September 20, 2018, 09:04:26 AM »
Its simply logically, lot of money investment = possible lot of money income
and if you have a limited money, then you may earn a little or loss in dump

Offline KaptenCacing

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Re: Only the rich can make profit from Bitcoin?
« Reply #3 on: September 20, 2018, 01:06:14 PM »
that true
u can make money even when u have a little money for invest
just being smart when choose coin/token for investment

Offline dragononcrypto

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Re: Only the rich can make profit from Bitcoin?
« Reply #4 on: September 20, 2018, 01:21:22 PM »
Apart from market manipulation that only the rich whales can achieve, the profits are proportionate.
Doesn't matter if you bought $10 or $10m, the same entry price would give the same % returns.

Offline Dodo

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Re: Only the rich can make profit from Bitcoin?
« Reply #5 on: September 20, 2018, 01:26:09 PM »
Intelligence, patience and less greed are needed to make the most of Bitcoin. Some people harbor the thought that Bitcoin investment is only intended for the rich to make extra wealth. That is not true. Bitcoin can be used by rich people or poor people to make a profit.
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Re: Only the rich can make profit from Bitcoin?
« Reply #6 on: September 20, 2018, 03:03:04 PM »
Some people harbour the thoughts that Bitcoin investment is meant for only the rich to make extra richness. That is not true. Bitcoin can be used by either the rich or poor to make profit. It requires smartness, patience, and less greediness from both parties to make the best out of Bitcoin.

Yes I think It is possible. Because the price of bitcoin is very high. It will be need much money to invest in bitcoin. It is my opinion.

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Re: Only the rich can make profit from Bitcoin?
« Reply #6 on: September 20, 2018, 03:03:04 PM »


Offline wanggober

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Re: Only the rich can make profit from Bitcoin?
« Reply #7 on: September 20, 2018, 07:16:39 PM »
The help that comes from Bitcoin is people who are connected to the internet and people who want to continue learning. Not all rich people know Bitcoin and many poor people know Bitcoin and broadcast

Offline MelchiZedek

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Re: Only the rich can make profit from Bitcoin?
« Reply #8 on: September 20, 2018, 07:41:49 PM »
It is true to some extent that the poor can make profit from Bitcoin. But this profit would not amount to anything. Because considering the current price of bitcoin, if you are going to make any tangible profit, it means you have to invest huge amount of money. How on earth are the poor going to lay a hand on this huge sum of money to invest into bitcoin?
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Offline aldi putra

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Re: Only the rich can make profit from Bitcoin?
« Reply #9 on: September 20, 2018, 09:04:15 PM »
really what you say. maybe you say that because to invest in bitcoin it needs to spend a lot of capital. but why don't you try with small, small capital first maybe it can be the best way

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Offline Alcor

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Re: Only the rich can make profit from Bitcoin?
« Reply #10 on: September 20, 2018, 09:38:07 PM »
Despite the fact that bitcoin, even during its significant price drop, has a high price, this circumstance can not be an obstacle to investing in it. We can buy not only whole bitcoins, but also a certain part of satosh, which are its hundred millionth piece. Therefore, you can not buy a bit of bitcoin at a very high price.

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Re: Only the rich can make profit from Bitcoin?
« Reply #11 on: September 21, 2018, 01:05:13 AM »
Some people harbour the thoughts that Bitcoin investment is meant for only the rich to make extra richness. That is not true. Bitcoin can be used by either the rich or poor to make profit. It requires smartness, patience, and less greediness from both parties to make the best out of Bitcoin.

No I am not agree. I think not only the rich can make profit from bitcoin. Because We can participate in bounty program and get tokens. You can convert to bitcoin.

Offline justsimpleram

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Re: Only the rich can make profit from Bitcoin?
« Reply #12 on: September 21, 2018, 11:15:29 AM »
We can say yes or either no, Yes because rich people can invest more money in bitcoin and will have double income from it. No because poor people can invest too and they can be rich sooner or later if they use good strategies on trading.

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Re: Only the rich can make profit from Bitcoin?
« Reply #13 on: September 21, 2018, 11:18:32 AM »
Some people harbour the thoughts that Bitcoin investment is meant for only the rich to make extra richness. That is not true. Bitcoin can be used by either the rich or poor to make profit. It requires smartness, patience, and less greediness from both parties to make the best out of Bitcoin.
True! Bitcoin is offering a chance for all crypto currency members as long as you find a good strategy or having a good luck from some altcoins during the bearish market. But in some point rich person has the higher opportunity with the same level of high risk.
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Re: Only the rich can make profit from Bitcoin?
« Reply #14 on: September 21, 2018, 05:26:49 PM »
We can say yes or either no, Yes because rich people can invest more money in bitcoin and will have double income from it. No because poor people can invest too and they can be rich sooner or later if they use good strategies on trading.

Agree with you because Bitcoin is open to the public.
If you want to trade Bitcoin and profit, then you have to have lots of Bitcoin.
But if anyone has Bitcoin from 2013, people who don't have it, now he has become rich.

 

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