Quote from: albon on Today at 01:57:21 PM

Quote from: Smack That Ace on Today at 01:27:24 PM

Bitcoin is not for the rich? If you said this 15 years ago when bitcoin was only worth a few million dollars and very cheap, rich people wouldn't care about it. But that is no longer true in today's era, and the proof is that the people who own the most bitcoins are the rich, not the poor.

Also, the price of bitcoin continues to increase higher and faster over time, which means that buying bitcoin is becoming more and more difficult for poor people because they don't have much money.

So, to be fair, bitcoin is for everyone, but it is easier for the rich to own and make big profits from bitcoin than the poor. Even the poor's chance of owning bitcoin is gradually closing as the price of this currency tends to increase higher every day.

It’s true that those who now hold massive amounts of Bitcoin are mainly large corporations, whales, and prominent businessmen.. I don't think a poor person can own a full coin or more. But that doesn’t mean Bitcoin investment is out of reach for the poor.

Anyone can invest according to their financial ability, though naturally,, returns depend on the size of the capital: someone investing $100 won’t get the same profits as someone investing $1 million.

Although Bitcoin continues to rise, it remains a volatile asset, people with limited funds can take advantage of market dips and applying a DCA strategy. ًThey can obtain a portion of Bitcoin, depending on their capital. Over time, Bitcoin profits can change their lives for the better. The train hasn’t left yet, and when Bitcoin reaches $1M, we’ll probably wish we had invested more at $100K. With Bitcoin, nothing is impossible.

The most beautiful thing is that everybody can do it, big and small.

BTC will always be relevant, but the returns on HODLing it will be less and less because volatility becomes less of a factor too.

fikrett

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