Post
Topic
Board Bitcoin Discussion
Re: If bitcoin go high the poor will not participate
by
Lanatsa
on 06/09/2021, 20:51:20 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.
Why will it be for only rich people in near future? Does it matters how much bitcoin can you buy? As long as 1 satoshi doesn't worth thousands of USD, then bitcoin is affordable for everyone. It's not necessary to buy exactly 1 Bitcoin or higher in number but you can start buying from 1 satoshi that is 0.00000001 BTC, worths 0.00052 USD.
The thing you said was right and its just a pure presumption on why would poor people couldn't able to make out investment even just buying with $1 worth of bitcoin then you could already get engage with this market.

The only advantage is in between financial capacity which its normal that rich people would always have the edge compared to those average or poor ones which had been always the reality and not
surprising.

But doesn't mean that poor people couldn't jump in into the market and wait up for some good opportunities to make profits too even though not that much but at least seeing some interest or gains
which do counts.