Bitcoin: The Money of the Rich and Influential?

[AllSii]

Only those who have a lot of money invest in Bitcoin. The lower class people never invest in Bitcoin. There is a lot of risk involved in investing in Bitcoin. Suddenly, the Bitcoin market can be dumped and a lot of money can be lost. But those who have money are not afraid to invest in Bitcoin in the hope of making a profit.

Every day, when the price of bitcoin becomes even higher, I think that only very rich people will be able to buy BTC at this price. The rest of the people can be content with buying a few thousand satoshi.

[mlawson71]

That is true, unfortunately. It cannot be helped though.

[gotbounty]

This is something very usual if money can talk more and give more influence. As what happens in the real life, people with much money, who are rich will have a bigger chance to influence the condition around. Like here in the crypto world, we can see how rich people really can give influence the market especially the FOMO things in certain coins.

[Master107]

Bitcoin is for everyone who can afford to buy whether simple or influential people. It wasn't just for Rich and Influential. Nevertheless, influential people once announced his/her/their Bitcoin investment some big business sectors will follow. Then the value of BTC will be hard to dump anymore. Bitcoin is the digital money of the people who can afford to buy.

[wxxyrqa]

actually, at least 5 years ago, everyone had the opportunity to buy and own a certain amount of Bitcoin. But everything in life depends on how knowledgeable a person is or is interested in certain things. If in a certain business or in a certain field of activity there are monopolists or other obstacles to obtaining a certain income, then in the cryptocurrency market, no one hindered anyone from investing and trading. Therefore, each person had opportunities, given the possible start-up capital. Therefore, not only the rich, but also the entrepreneurial and smart people can own bitcoins.

[pealr12]

Anyone can still buy btc,  infact it is the very many uniqueness of btc, you don't need to have a huge amount before buying,  you can always buy few sat depending on what you can afford,  btc is not just the money of rich and influential but money for all.

[sugarchrisp]

Whatever means of payment, large holders will appear at one moment, even if everyone is given the same amount, the market will do its job! Bitcoin is no exception, today it is in the hands of big investors!

[Octoalts]

This is the function of Altcoin, at a time when the price of Bitcoin is high and we cannot afford it. We can still buy Altcoins as an alternative to Bitcoin. Because in fact, when Bitcoin has been accepted by the world as a legal currency, Bitcoin and Altcoin which are cheaper have the same function.

[Master107]

~

The market is always open to buy Bitcoin either rich and poor as long as money is there. Chance to buy and hold is always possible. To everyone who will buy Bitcoin, I hope they will think twice and do search and calculate the risk.

[Markuri33]

Anyone can trade Bitcoin but there is a lot of risk involved in trading in Bitcoin. Not only can a rich person buy Bitcoin but not everyone can but one thing he has to accept is that the risk may not be very profitable.  You have to lose a lot.  At present, investing in Bitcoin can be profitable.

[de_prof]

Anyone can trade Bitcoin but there is a lot of risk involved in trading in Bitcoin. Not only can a rich person buy Bitcoin but not everyone can but one thing he has to accept is that the risk may not be very profitable.  You have to lose a lot.  At present, investing in Bitcoin can be profitable.

I think bitcoin not only for rich. We can buy bitcoin at little amount.  If you have little fund, I think you can buy too. You also can do daily trading in bitcoin or altcoin. So investing is good for everyone

[Blue_sea]

In fact, Bitcoin was not so expensive before. However, we often hear that the price will increase, but many of us did not take into account. After that many big traditional investor has started journey in this platform and it has gone beyond the reach of common people.

[sampoerna]

It is likely a good interest to talk about the rich and the Infleuntal. In the real world, we will also meet with the richmen and also busines men. And now, I am going to find the influence by the rich person is very big and we can instant the previous setting

[Damrai5$]

Due to the high price of Bitcoin, many people think that they may not be able to invest a small amount. Anyone can invest in Bitcoin but in small amounts. The more he invests in Bitcoin, the better he will be in the future. The Bitcoin price must exceed $100k.

[zilzylian]

-snip-

Bitcoin can be owned by anyone, someone who doesn't have much money can buy at least $50 and if they don't have money, they can own bitcoins using the faucet website, as long as they have a smartphone and a computer, I think everyone can own Bitcoin even in a small amount