Post
Topic
Board Bitcoin Discussion
Re: Who will benefit the most from bitcoin/cryptocurrency?
by
kvipcn
on 24/09/2018, 00:04:55 UTC
I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?
What people fail to understand is that bitcoin investment as no specific rule governing it. All you need to understand it that, In order to invest in bitcoin you need to understand and knowledge the current and previous trading trends of the bitcoin market.  You can start the investment with the amount of money you think you can loose or afford to loose. If you try to be greedy, you will loose everything. Let your friend first understand bitcoin and the idea behind the use of bitcoin.