What do you think only the rich can make profit from Bitcoin?

[Siffi]

My opinion is that everyone can profit from crypto, both from the upper and lower classes, for me everyone can also benefit from cryptocurrency.

[Mpxs]

Bitcoin is also the most free for everyone to do, not just rich people who can enter to get profit in bitcoin.

[Moonlight]

yeah really ,many rich people take advantage of bitcoin but not many rich people fall into poverty because of bitcoin, but in the world of crypto investment it doesn't compare the rich and the poor but with perseverance and patience that will be a winner in bitcoin investment

[Johdw]

Everyone have the same chance and when the market fall or go up, the matter is who take the opportunity first is the winner

[JessNeas]

Not really. In the long run, the winner will be the dedicated person with knowledge.

[rizkyfebrian]

I think not 100% true about that.. In my opinion , everyone can make profit , not problem if you rich or not. For make profit , you will need tactic or strategic to earn it , you need be smarter.. especially for trading on bitcoin but I think , rich people can control the bitcoin price , he can easily dump also can easily doing pump. I'm doing trading bitcoin with minimum capital , just around 25-40$ but I can make profit 1-2$ per day. Just be smarter and have strategic

[Johdw]

I think not 100% true about that.. In my opinion , everyone can make profit , not problem if you rich or not. For make profit , you will need tactic or strategic to earn it , you need be smarter.. especially for trading on bitcoin but I think , rich people can control the bitcoin price , he can easily dump also can easily doing pump. I'm doing trading bitcoin with minimum capital , just around 25-40$ but I can make profit 1-2$ per day. Just be smarter and have strategic

No matter the number mate, it’s still money even the profit is small, sound likely you should have a strictly rule and you followed it really good

[Alex75]

Well, it's not like the only people that make money in cryptocurrencies are rich. The investment process requires funds, and the more of them you are going to invest, the bigger profit you can gain, but also - the more money you can lose. So i like to think that everyone has the same chances, but let's say that if you are going to invest more money your chances are increasing to earn some money. I also think that Bitcoin is not very "elite" cryptocurrency, you don't have to invest much money, to create a nice income after a while, but it requires knowledge and investing skills. I enjoy digging into some smaller projects like FuturoCoin - they are the first ever official sponsor of a F1 team, and right now they are introducing new solutions to their protocol and masternodes - https://medium.com/futurocoinfto/hey-traders-ad3be4360c03?sk=216a742142f314095880a187a8660ca7

[termion]

In order to make good money on Bitcoin, you must carefully monitor the market and have excellent intuition.  Consider that analytical tools do not work now - because the manipulator has a large army of specialists

[Elemess]

In order to make good money on Bitcoin, you must carefully monitor the market and have excellent intuition.  Consider that analytical tools do not work now - because the manipulator has a large army of specialists

I disagree. The analysis works and works well, but you can't blindly follow it, you need a head

[Ghanda]

No, not just rich people who can get big profits with bitcoin but people who have big capital and courage to invest and trade with bitcoin. Rich people but he doesn't have the courage to invest with bitcoin is no guarantee he will get a lot of profits with bitcoin.

[Pelanavreo]

When I have $100 and other people have $1k there we will see a huge difference because without big capital we will not get big profits, it is different when BTC prices are still $0.1 when these coins are traded.
with a capital of $100 you will get a big profit if you save BTC until now

[shinratensei]

No, not just rich people who can get big profits with bitcoin but people who have big capital and courage to invest and trade with bitcoin. Rich people but he doesn't have the courage to invest with bitcoin is no guarantee he will get a lot of profits with bitcoin.

Doesn't it look the same for you? Those rich people are who has a lot of money. Big capital means big money and that can be considered as a rich person too.
Bitcoin is only for rich people and a little shrimp like me prefer to invest in the promising altcoin like veil dude.

Veil is a new brand of the crypto privacy coin. Bitcoin has changed its way of being a rich person oriented. The only rich people can make a profit from bitcoin. Forget it and we must move to think alternative crypto like veil which can provide the same potential as bitcoin does.

Big capital = big profit = big risk

[SunnyFang]

Here's something interesting for you: https://news.bitcoin.com/the-poor-flip-the-rich-hodl-startup-finds-out-tracing-its-tokens/

This research shows that the rich have actually held on to their cryptocurrency investments. The real gains in any coin take time. As for bitcoin, it's already up so much that the percent gains on it will not be as much on alt-coins. The good thing about BTC is that it's market cap is very high so the rich can enter it without moving the market cap.

In that sense, for some one who needs to move tens of millions, BTC is great because it's an asset in which both rich and poor can park their money and hodl on.

Alt-coins, though, are more fruitful for the average people. Putting $2,000 out of a $10M portfolio in an altcoin won't mean much even if the $2,000 becomes $10,000. It's a drop. However, for the average person who may not have more than $10,000, $2,000 going to $10,000 is a big deal. That's why I always look for good alts. I recently found out about a good alt called VEIL because it ranked very high on weekly gains on CoinGecko.

I looked into it and I like what I see:
- Constant development
- Reasonable goals
- Real community

[Psynthax]

Funny because that's definitely the assumption of someone who knows nothing about crypto, there's plenty of opportunity out there that people seem to be missing even if you are not rich you can still do fine, for example there's alternative to bitcoin which is veil which still has not reached its maximum potential and it's somehow succesfully attract many people's eyes.
Maybe you should check veil and see further about the project so that your eyes will be opened to more a wider opportunity.