How too get rich

[Erdogan]

Another plan using forwards.

Get 20 coins
Buy close to 40 forwards.
When bitcoin appreciates, you get the apprecition for 60 coins, not 20, the gain is transformed to coins.
On a doubling in value, sell a percentage of the gain, accumulating the rest.

You can spend as you go, and still have more coins in the future.

This plan resemles rpietilas SSS.

NB. risk of loss of coins. Works only while bitcoin appreciates at large.

Can someone please explain to me what a forwards is?

It is one of the simplest financial instruments imaginable. You make a deal with someone to buy (or sell) a bitcoin for delivery some time in the future. Nothing is paid initially. As time goes, you can sell the contract to the original partner, or someone else, on the market, thus clearing the deal.

It resembles when you go to a store, to buy a car in the future (may be because the car factory produces cars in just-in-time fashion). You write a contract to buy the specific car, and the dealer commits to a certain price. If the price of the car changes in the mean time, due to foreign exchange or whatever, the value of the contract also changes (but in the case of the car, you do not normally resell the contract).

If you want to lock a bitcoin to a certain dollar amount (maybe because you sold something for a future bitcoin payment and want to avoid losing dollars before you get the bitcoin), you sell a forward. When you get your coin, it may have lost value, but your forward has gained value, the value gained is about the same as the value lost.If it appreciates, you lose the appreciation. but the point in this case was to lock in the price.

If you believe bitcoin appreciates, but have no more dollars, you can buy a forward, and sell the contract when it has risen. In this case, you risk to lose value if it falls, corresponding to the price agreed for the contract minus the current forward price. In this case you represent the insurance for the one who wants to lock in. (you can also sell forwards to speculate in a fall in bitcoin price).

Since there is a risk of loss, you have to place some collateral in the form of bitcoins at the site. There are also trading fees.

The difference to an option, is that there is no strike price, so you either win or lose depending on the price fluctuations. (The lock in in the example results from the sum of buying back the forward and selling a coin).

Anyway, you can go to cryptofacilities.com and read the help pages. It is probably explained even better. I am sure other sites have something like it.
 

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[Scamc0p]

You want to know how 'too' get rich?

Read more. Learn more. Make plans and take good decisions. Take risks and always have a smile

No easy way! Instead of thinking to be rich everyday, why not consider the mistakes you have made before and plan what you are going to do! To be diligent and patient, you will become rich one day.

People don't become rich, they are born rich.
Just ask Warren Buffett 

[greBit]

You want to know how 'too' get rich?

Read more. Learn more. Make plans and take good decisions. Take risks and always have a smile

No easy way! Instead of thinking to be rich everyday, why not consider the mistakes you have made before and plan what you are going to do! To be diligent and patient, you will become rich one day.

People don't become rich, they are born rich.
Just ask Warren Buffett 

Nope, no way. 'Almost two-thirds of the world’s 946 billionaires made their fortunes from scratch, relying on grit and determination, and not good genes.' And that's from forbes.. you want some examples? The most famous billionaire dropout is Microsoft’s Bill Gates, who finally got his honorary degree from Harvard University in June, 30 years after quitting the prestigious school to sell software. CREATED A FUCKING EMPIRE NOW :O

[Zorrocoin]

I think you fantasize money more than success and you want to find out a cheat code to success and cheatcode to life rather than working your ass off for it. Yes, a lot of people talk about how hard work is necessary but more than hard work, I think smart work is necessary. Making cool, complete and WISE decisions will land you a fortune, better relations and eventually, a better life. SMART WORK over HARD WORK.

Exactly. Working smart is always better than working hard. The synthesis of both of them will be even better. But the essential thing here is to value success more than money. Money will come and go. success is always followed by money, (professionally speaking) . Rather than spending your entire lifetime buying or developing time machine , spend your years , working hard and smart on the right things.

[pereira4]

I think you fantasize money more than success and you want to find out a cheat code to success and cheatcode to life rather than working your ass off for it. Yes, a lot of people talk about how hard work is necessary but more than hard work, I think smart work is necessary. Making cool, complete and WISE decisions will land you a fortune, better relations and eventually, a better life. SMART WORK over HARD WORK.

Exactly. Working smart is always better than working hard. The synthesis of both of them will be even better. But the essential thing here is to value success more than money. Money will come and go. success is always followed by money, (professionally speaking) . Rather than spending your entire lifetime buying or developing time machine , spend your years , working hard and smart on the right things.

I can't think of a single person that got rich working "hard". Working hard means putting tons of hours into something repetitive without taking risks. Working smart is not working as many hours and taking risks (previously having researched what you are doing). Of course there always exceptions but that is the general rule.

[Amph]

You want to know how 'too' get rich?

Read more. Learn more. Make plans and take good decisions. Take risks and always have a smile

No easy way! Instead of thinking to be rich everyday, why not consider the mistakes you have made before and plan what you are going to do! To be diligent and patient, you will become rich one day.

People don't become rich, they are born rich.
Just ask Warren Buffett 

Nope, no way. 'Almost two-thirds of the world’s 946 billionaires made their fortunes from scratch, relying on grit and determination, and not good genes.' And that's from forbes.. you want some examples? The most famous billionaire dropout is Microsoft’s Bill Gates, who finally got his honorary degree from Harvard University in June, 30 years after quitting the prestigious school to sell software. CREATED A FUCKING EMPIRE NOW :O

how do you know that they have not a good gene, there is any document on this, they have done a dna testing for it? i really doubt this is the case

surely there were a big portion of luck, and not determination only, because everyone could be determinated if it isn't ill or have some mental disease that affects his life and still be unsuccessful

[knowhow]

There are several ways to try to become rich honestly with work and difficult and increasingly , unless invent some kind app what the app that popularized and was bought , but what takes talent and combined knowledge , or the politically dark mood , or by other means but the risk of being arrested and losing huge and this type of vida.Ainda is possible to get a good amount of crypto even if it is not at first launch, for example litecoin , and the Doge already been in the house dos0 , 013btc and 40 satohis both already doubled its value in recent months more than once and already reached 50 % of valorization , to enrich these cases need to already have a good amount of money about 100000dollars order to achieve the rich status.

[misterycoins]

The best way is to be cheap and save,slow and steady wins this race every time. The idea of getting rich over night is a pipe dream far to many people believe in today.

[BTCevo]

There are several ways to try to become rich honestly with work and difficult and increasingly , unless invent some kind app what the app that popularized and was bought , but what takes talent and combined knowledge , or the politically dark mood , or by other means but the risk of being arrested and losing huge and this type of vida.Ainda is possible to get a good amount of crypto even if it is not at first launch, for example litecoin , and the Doge already been in the house dos0 , 013btc and 40 satohis both already doubled its value in recent months more than once and already reached 50 % of valorization , to enrich these cases need to already have a good amount of money about 100000dollars order to achieve the rich status.

Do you mean that you ask us to pick random crypto and then invest as much as we can? Then wait a good time to sell it to the market with high price? Is that you suggesting us? If yes may be that is good to say rather than do, people never hold altcoin so long, they just mining it to get some of them and then they will sell it as fast as they can after the price is increasing. And btw that is hard for you to just pick randomly altcoin here

[knowhow]

There are several ways to try to become rich honestly with work and difficult and increasingly , unless invent some kind app what the app that popularized and was bought , but what takes talent and combined knowledge , or the politically dark mood , or by other means but the risk of being arrested and losing huge and this type of vida.Ainda is possible to get a good amount of crypto even if it is not at first launch, for example litecoin , and the Doge already been in the house dos0 , 013btc and 40 satohis both already doubled its value in recent months more than once and already reached 50 % of valorization , to enrich these cases need to already have a good amount of money about 100000dollars order to achieve the rich status.

Do you mean that you ask us to pick random crypto and then invest as much as we can? Then wait a good time to sell it to the market with high price? Is that you suggesting us? If yes may be that is good to say rather than do, people never hold altcoin so long, they just mining it to get some of them and then they will sell it as fast as they can after the price is increasing. And btw that is hard for you to just pick randomly altcoin here

im not saying to put all money at one coin,all days a pump a new coin gain interest,but those coins has a high risk inside looks dibbs get pumped and dumped too fast,soo if i have some good ammount i would look lets say 5 crypto coins and i would invest on them,several people invest thousands in btc and wait it get value and them sell,soo why cant make that with others altcoins

[Erdogan]

Now you can be rich, possibly not filthy rich, by saving. Because we have good money. Saving has not been possible the last 50 years.

[bitcoinmar]

Now you can be rich, possibly not filthy rich, by saving. Because we have good money. Saving has not been possible the last 50 years.

In our Country if you want to become rich you need to join any political party and go through any good post then you could be rich in next few years after this if you want to go any other developed country with your all illegal money you can go very easily

[Erdogan]

Now you can be rich, possibly not filthy rich, by saving. Because we have good money. Saving has not been possible the last 50 years.

In our Country if you want to become rich you need to join any political party and go through any good post then you could be rich in next few years after this if you want to go any other developed country with your all illegal money you can go very easily

No, it is not necessary to sell your soul to the devel, because we now have good money.

[knowhow]

Well every year is getting harder to became rich by doind honest things,the other world is very easy only need to become politican and well the easy way ,only  will need to get the votes then is done.

[Mrs.Van.Braam]

How to rich?

I dont know how to do in real.. Beside hard work and hope our God "hear" our wish when we praying... Even in Bitcoin world, no one have the exact formula to rich,..

[Amph]

How to rich?

I dont know how to do in real.. Beside hard work and hope our God "hear" our wish when we praying... Even in Bitcoin world, no one have the exact formula to rich,..

we are to many in this world to hope that everyone will be rich, many will be not, if you have everything that you have dreamed about no need to be rich, just a little wealthy

i think many want to be rich only because of the possible gained power in the society and being notorious, not because they really need to be more richer

[shanem]

Think of which altcoin is going to be the next hot cryptocurrency and buy it before it gets pumped.
Then dump the coin when the price is up and repeat the process many times.

[Falconer]

How to rich?

I dont know how to do in real.. Beside hard work and hope our God "hear" our wish when we praying... Even in Bitcoin world, no one have the exact formula to rich,..

There are many definitions about rich, it just depend on your perception. Imho sometime we missed a chance unwittingly to get a way to be rich. There are many formulas to get rich, but we can't comply the requirements in those formulas. E.g. the one formula saying that we need build a business, but we dont have any capital to do that.

Think of which altcoin is going to be the next hot cryptocurrency and buy it before it gets pumped.
Then dump the coin when the price is up and repeat the process many times.

Altcoin can give us nice profit but I'm not sure it will make us get rich.

[dodgecharger]

Getting rich is hard. Getting rich isn't for the easy, but it could be for the really lucky ones. Some people work hard, get some capital and invest in something. That investment could be as little as getting a camera to click photos and build a career or as big as buying stocks and doubling it.

[rivoke]

There many ways to get rich. Start from hard work or win some lottery. IMO being rich is combination between hardwork and luck. As long as we keep focus and think positive on our job, it will lead you into some point that you've not expected.

quote from Bill Gates :
I failed in some subjects in exam, but my friend passed in all
Now he is enginner in Microsoft and I am the owner of Microsoft