Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
Antotena
on 05/09/2025, 20:56:41 UTC
Lol BTC is not only for the rich, but for now it has gotten to a level whereby common people may not be able to afford it, so it is better to look for other things to invest in.
Right, those who say Bitcoin is only for the rich are very stupid and don't know anything about Bitcoin. Bitcoin is a decentralized currency, so anyone can purchase any amount of Bitcoin from anywhere according to their ability. There is no barrier to this: if rich people have more money, they will buy more Bitcoin, and if poor people have less money, they will buy fewer Bitcoins. Since Bitcoin is not controlled by any third party, anyone from anywhere in the world can purchase Bitcoin as they wish. Therefore, Bitcoin is universal.

Ignorance is what is affecting many people, they don't know and they wouldn't ask. The funny thing now is they will sleep on this ignorance knowledge and spray the talk around with their empty head but I don't think they look stupid Grin. Anyone can buy Bitcoin, it's your income that is going to determine how much you will have if you do dollar cost average, some people don't know that with dollar cost average DCA you can buy Bitcoin anytime you have money to spare.

You can buy Bitcoin with DCA even when you have enough. If you have money on you the next time and the one you are holding has made good return on your investment, you can buy more and hold. The only thing that will happen to the one you bought earlier, it will lower your average but if Bitcoin should increase in price, you should be having profit on the one you are holding and the one you just bought, if the price reduce, your average will go higher, that's the advantage of doing dollar cost average.