But in fact, poor people tend to ignore any investment because they only need to meet their daily needs and sometimes go hungry. Bitcoin doesn't save the poor, it just gives an opportunity to anyone regardless of their financial condition, that's what I have to admit.
Extreme price volatility makes most poor people who previously earned $100 tend to avoid it rather than invest, that's what I always get from several people I've met so far. Poor people, let alone investing, sometimes even their basic needs cannot be met.
Of course that's one the things I like about Bitcoin, irrespective of how the price has gone far it still allow people who has less capital to accumulate, through this way most people that feels it will be very difficult accumulating has now become a Bitcoin holder, perhaps this is one of the reasons why I object or disagree with the most people that normally claim that Bitcoin is only meant for the rich, on the contrary Bitcoin is for everyone because irrespective of how it may seem a bit difficult for less privilege people to accumulate Bitcoin do to the price but instead Bitcoin gives the poor the opportunities that it doesn't matter how big they can afford to accumulate a Bitcoin but what matters is the little money they no they can afford to start accumulating and with time they will have the amount of Bitcoin they never expected to have on there portfolio.
Bitcoin is very volatile and whosoever that is accumulating bitcoin doesn't hesitate to do so, and majorly to accumulate its base on your believe and trust about bitcoin and it depends on how many years you want your bitcoin you purchased to stay in duration before you can cash it out, some people accumulate bitcoin by when it's dip they purchased and hold for more years to come by then the values of bitcoin has changed or clamped from the purchasing value to another values
And sometimes they continued to purchased more and more like two times in a year even though the price of bitcoin going below and they will continue purchasing having in mind that bitcoin will reach to a particular level of price, people who accumulate bitcoin have a target of when the price of bitcoin will reach and they start making profits of so many years investment.
Should forget about how the poor invest in bitcoin and how the rich invest in bitcoin or accumulate a bitcoin, sometimes investing a bitcoin for long duration maybe as result of your determination and what you want to achieve in bitcoin, both poor and rich knows that bitcoin investment in bitcoin for both short and long-term is a risk, so it's your determination will make you to invest in a bitcoin.