Post
Topic
Board Bitcoin Discussion
Re: How do the poor catch up with the challenge
by
Sonia_123
on 09/09/2025, 23:58:08 UTC
I made a post once titled "is Bitcoin just for the rich? " , I got a lot of reply and the majority said Bitcoin is also for the poor, thats not a really wrong answer, but how many poor folks have made the kind of wealth like the top investors with alot of resources.
I made some more research and I discovered more. I discovered that the rich have a high advantage when it comes to Bitcoin, we should know that Bitcoins high volatility and complex market dynamics often favor those with more resources, this rich folks got what it takes, they have the experience and Market knowledge to do as the wish without breaking a sweat or being scared because they have the funds and can afford to hold through market fluctuations. This guys can make big investments in market analysis, tools and expertise, tell me how will the poor catch up, how will the poor get to such height, how can they afford to overcome fear when there is little experience. It is very challenging for the poor investors to succeed in the Bitcoin market, potentially whitening the wealth gap.

Coming out of your poor state really depends on you, if you chose to remain poor so be it for you, many wealthy and prominent people today were poor before they are now wealthy and famous ,it takes you self determination to come out from that state you are nobody will do it for you but yourself,one is only poor if he chose to be , most rich today started from a poor background , so your poor financial status should not be seen as an avenue not to be rich in life.

As long as you are fit and healthy and you get some income to fend for yourself, you should be able to have some savings where you derive your discretionary income from no matter how little it may be and start with d a strategy of investing little by little, for a long term of 3-4 cycles,  without tempering it , it will be better than someone that does not make move at all, just blaming himself/herself for the state of life he finds himself, after getting to his overaccumulation stage he would have come out of his poor financial status and start to live a better life, life is all about risk, if you don't risk it you can't make it.