Post
Topic
Board Bitcoin Discussion
Re: What do you think only the rich can make profit from Bitcoin?
by
0t3p0t
on 09/11/2018, 16:33:21 UTC
A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.
Wealthy individuals has more advantage compared to poor people in terms of profit in Bitcoin due to their ability to hoard huge amount of funds unlike less fortunate ones like me that can only afford small denominations or fractions of Bitcoin. It is not actually for the rich people because of the fact that it was intended as a currency not an investment, so we can use it all regardless of social status and we are the one who made or use it that way.