Post
Topic
Board Bitcoin Discussion
Re: If bitcoin go high the poor will not participate
by
blue_nexus15
on 25/08/2021, 11:48:02 UTC
I am thinking that if the bitcoin continue to go up to $100,000 and above.  it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.

I will like to read and learn for everyone here.
Because we are still in an uptrend. Bitcoin can hit 100k or more. Therefore, it is better that people with difficult or normal finances can accumulate it as a net asset for long-term purposes. In fact, bitcoin is currently quite expensive for ordinary people in developing countries. 1 Bitcoin can buy a house in my country. Sometimes I wish I could turn back time trying to buy cheaper bitcoins but no one knows where the bitcoins are going.
Personally, I can only accumulate 0.02BTC per month when I receive my salary from my job.