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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 622730 times)
JayJuanGee
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January 03, 2018, 08:17:18 PM
 #4041

The person that will get rich with this kind of currency is those who got a lot of bitcoins in their wallet and if you have a lot of bitcoins in your wallet then you can be one of the newest wealthy elite in the whole bitcoin community and it cost either hard work or a lot of money and you are the one who will choose which is your type of payment.


Define "a lot of bitcoin."

There are a few ways that you can approach investing into bitcoin, in the event that you are serious - besides just viewing that the bitcoin ship has already sailed.

When we first hear about bitcoin and discover that it is a possible good long term investment, many of us starts from wherever we are at in terms of financial resources, and frequently, we may not have a lot of financial resources at our disposal and from which to draw; therefore, we have to calculate our projected income stream into any investment approach that we take into bitcoin.

Of course, if we have some ability to lump sum our investment, then we may choose to lump sum. 

However, we can also decide whether we believe front loading our investment into bitcoin is a good idea or whether we believe that some form of dollar cost averaging investment might be more prudent and/or practical.. and of course we can combine our approach too.

I tend to recommend creating a budget that involves dollar cost averaging investing with a minimum amount of whatever you can reasonably afford, even if that is only $10-$20 per week.  Of course, $500 per month would be better, but we have to think practically, too and not overextend ourselves beyond our means and/or covering our living expenses. 

Accordingly, besides dollar cost averaging, if you happen to earn an extra $2,000 in a particular month, then at that point, you might decide to put half of your extra income into bitcoin for that month.. so you are continuing to dollar cost average invest while lump summing reasonable portions of any extra income that you come across with the passage of time.... And, if you keep up this approach, then you will likely increase your chances of becoming "new wealthy elite, gentlemen"  - especially in comparison with someone who has no plan or has a plan but does not act upon such plan.

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January 05, 2018, 03:36:19 AM
 #4042

I am a newbie in Crypto but been in other fintech ventures and know a lot in that demographic. If I were to purchase $50,000 USD in Crypto (BTC/ETH/IOTA), what would be the best diversification portfolio for a mid-high risk investor like myself would need to do in order to reach this elite group sooner then later?

I bought into one coin that was $1 and its now $7, it seems like a great return on investment in the normal world but in this crypto system i've seen in the upwards of 30,000% increase.

Does anyone one to list few great methods that they would consider investing into if you had my capital to start with?
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January 05, 2018, 04:06:16 AM
 #4043

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?
Yes it is we describe it wealthy.From reaching our goals to be rich.Cryptocurrencies are made to make the world diverse into much higher form of good economy and the coming new generations.more investment should support more investors to continue from being world quality


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JayJuanGee
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January 05, 2018, 05:40:40 AM
 #4044

I am a newbie in Crypto but been in other fintech ventures and know a lot in that demographic. If I were to purchase $50,000 USD in Crypto (BTC/ETH/IOTA), what would be the best diversification portfolio for a mid-high risk investor like myself would need to do in order to reach this elite group sooner then later?

I bought into one coin that was $1 and its now $7, it seems like a great return on investment in the normal world but in this crypto system i've seen in the upwards of 30,000% increase.

Does anyone one to list few great methods that they would consider investing into if you had my capital to start with?


I think that you are way off topic, because this is a bitcoin related thread, and has to do with the prospects of investing into bitcoin, and putting your eggs into the bitcoin basket.

Sure, times may have changed, and sure there are a lot of possible investments out there - and you seem to have already gottent a 7x return on one coin - but no one can really say which coin is preferable for making short term gains, even though there remains the risk of getting involved with various pump and dump scams too.  It could end fine and dandy if you can ride the pump without getting dumped upon - and I suppose part of the valor of bitcoin is that it has proven itself over time to be upwardly appreciative - and you cannot be sure with other projects that may be lacking in some fundamentals in either their attempts to assert that they are better investments than bitcoin or even whatever contributions that they make that might actually cause them to appreciate in value faster than bitcoin.

Sure there are ways to increase your bitcoin by making a variety of investments; however, I think that the premise of this thread was that bitcoin was (and perhaps still is) a better investment than other assets, while there are other threads out there for those kinds of discussions in ways to diversify or to invest in other crypto assets (and to figure out if they are worthy of your time and money)..

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January 05, 2018, 06:54:50 AM
 #4045

Actually, in bitcoin is an easy way to earn money, if lucky we can earn a lot of money and become a new wealthy elite and of course will make us become more confident

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January 05, 2018, 06:58:33 AM
 #4046

I am a newbie in Crypto but been in other fintech ventures and know a lot in that demographic. If I were to purchase $50,000 USD in Crypto (BTC/ETH/IOTA), what would be the best diversification portfolio for a mid-high risk investor like myself would need to do in order to reach this elite group sooner then later?

I bought into one coin that was $1 and its now $7, it seems like a great return on investment in the normal world but in this crypto system i've seen in the upwards of 30,000% increase.

Does anyone one to list few great methods that they would consider investing into if you had my capital to start with?


I think that you are way off topic, because this is a bitcoin related thread, and has to do with the prospects of investing into bitcoin, and putting your eggs into the bitcoin basket.

Sure, times may have changed, and sure there are a lot of possible investments out there - and you seem to have already gottent a 7x return on one coin - but no one can really say which coin is preferable for making short term gains, even though there remains the risk of getting involved with various pump and dump scams too.  It could end fine and dandy if you can ride the pump without getting dumped upon - and I suppose part of the valor of bitcoin is that it has proven itself over time to be upwardly appreciative - and you cannot be sure with other projects that may be lacking in some fundamentals in either their attempts to assert that they are better investments than bitcoin or even whatever contributions that they make that might actually cause them to appreciate in value faster than bitcoin.

Sure there are ways to increase your bitcoin by making a variety of investments; however, I think that the premise of this thread was that bitcoin was (and perhaps still is) a better investment than other assets, while there are other threads out there for those kinds of discussions in ways to diversify or to invest in other crypto assets (and to figure out if they are worthy of your time and money)..

At the time this thread was created bitcoin was the only main coin around. Those times have changed and you should probably read bitcoin as crypto in the original post.

The gains at the moment are absolutely mental on the alts, those without foundation will learn sooner rather then later that just hype is not enough.

JayJuanGee
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January 05, 2018, 07:37:23 AM
 #4047

I am a newbie in Crypto but been in other fintech ventures and know a lot in that demographic. If I were to purchase $50,000 USD in Crypto (BTC/ETH/IOTA), what would be the best diversification portfolio for a mid-high risk investor like myself would need to do in order to reach this elite group sooner then later?

I bought into one coin that was $1 and its now $7, it seems like a great return on investment in the normal world but in this crypto system i've seen in the upwards of 30,000% increase.

Does anyone one to list few great methods that they would consider investing into if you had my capital to start with?


I think that you are way off topic, because this is a bitcoin related thread, and has to do with the prospects of investing into bitcoin, and putting your eggs into the bitcoin basket.

Sure, times may have changed, and sure there are a lot of possible investments out there - and you seem to have already gottent a 7x return on one coin - but no one can really say which coin is preferable for making short term gains, even though there remains the risk of getting involved with various pump and dump scams too.  It could end fine and dandy if you can ride the pump without getting dumped upon - and I suppose part of the valor of bitcoin is that it has proven itself over time to be upwardly appreciative - and you cannot be sure with other projects that may be lacking in some fundamentals in either their attempts to assert that they are better investments than bitcoin or even whatever contributions that they make that might actually cause them to appreciate in value faster than bitcoin.

Sure there are ways to increase your bitcoin by making a variety of investments; however, I think that the premise of this thread was that bitcoin was (and perhaps still is) a better investment than other assets, while there are other threads out there for those kinds of discussions in ways to diversify or to invest in other crypto assets (and to figure out if they are worthy of your time and money)..

At the time this thread was created bitcoin was the only main coin around. Those times have changed and you should probably read bitcoin as crypto in the original post.

The gains at the moment are absolutely mental on the alts, those without foundation will learn sooner rather then later that just hype is not enough.

I doubt that we are going to agree that reading of "bitcoin" as "crypto" is a fair reading of the theme of this thread, and whether discussion of various alts is topical here.  I think that we do agree, however, that there is quite a bit of unfounded hype out there in the crypto space that is likely to be found out in some money losing ways.

Actually, I personally, recognize that there is so much crypto convolution out there that seems to lose insights regarding the actual unique contributions of bitcoin that were true when this thread was started and that continue to be true in spite of alt coin attacks that are both carried out in practice and part of the intellectual convolution campaigns that want to assert and argue that bitcoin is just one of many cryptos.   

Keep your eye on the prize, which is bitcoin, even if there are some folks who would like to trick you out of them and trick you into valuing various pump and dump and even intellectual get rich quick schemes.

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January 05, 2018, 08:22:44 AM
 #4048

For me, yes we will be the new wealthy elite, gentlemen with the help of bitcoin. Bitcoin’s amount is increasing rapidly, and you can earn plenty of money through it. Just need to study and work smartly to make sure that you will gain. If you are setting up your plans or goals pretty well, I’m sure that in the future we will be the next millionaire or even a billionaire with the help of bitcoin. Smiley

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January 05, 2018, 08:30:49 AM
 #4049

Actually, in bitcoin is an easy way to earn money, if lucky we can earn a lot of money and become a new wealthy elite and of course will make us become more confident

There is no easy money available anywhere and Bitcoin is no different. I have been involved with Bitcoins for more than 4 years. And it is true that Bitcoins made me rich. But at the same time I worked extremely hard for that (you can check my activity log here in Bitcointalk). The problem with noobs is that they want Bitcoin to make them rich, without doing anything.

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January 05, 2018, 09:18:09 AM
 #4050

It's hard to say - but where do you see that the new rich elite is here, even some BTC loans are a problem. Just look in the lending section, and you will see the so-called "new rich elite".

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January 05, 2018, 09:52:51 AM
 #4051

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

I am also really confident we are new wealthy with the help bitcoin. I’m glad that when bitcoin give me a lot of an opportunity. I saw bitcoin is the platform to reach my dreams.  I would like to thank you very much to the founder of the bitcoin and also the Staff and ICO on this forum.

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January 05, 2018, 10:17:34 AM
 #4052

I'm not aiming to be a millionaire, I only want to be able to help cover bills etc
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January 06, 2018, 04:35:53 PM
 #4053

A big Yes, of course we are the new wealthy elite. There are a lot of opportunities that open to us thru bitcoin. I read some articles that by bitcoin the path of their life change as it went better. And yes indeed as they say we can be wealthier thru this because we can make this as a job, investment and even business. And am starting to also be with them that become financial stable because of bticoin. Bitcoin helps us a lot and that is what I am so thank about, also to the persons who inspired and enlighten to bitcoin.

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January 06, 2018, 06:23:30 PM
 #4054

I (still) wonder how Atlas is doing - hopefully well after all the drama from years ago.  I wonder if he held through all the ups and downs or if he went on to something else.  Must be in his 20s now.

I heard from him a year or two ago, and he was OK.

Although he did sometimes annoy me (especially that time he threatened to commit suicide and I had to contact his local police), I miss the pure passion that he and many others had at the time. It's become pretty diluted now.

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January 06, 2018, 06:27:27 PM
 #4055

I'm not aiming to be a millionaire, I only want to be able to help cover bills etc

It is possible that if you keep investing in the cypto currency and the prices keep rising like 2017 you will not only be able to pay your bills but also will become much richer if you invest some money in it. Only thing you should be able to keep investing regularly i different coins to make some multiple times returns during the year.

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January 06, 2018, 06:33:45 PM
 #4056

I hope you are right and we will be the new wealthy elite, gentlemen but the gentlemen in the stock market have the amount of money enough to collect all the btc in market and if they get involved I think we would be more rich if we hold.

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January 07, 2018, 12:13:26 AM
 #4057

I (still) wonder how Atlas is doing - hopefully well after all the drama from years ago.  I wonder if he held through all the ups and downs or if he went on to something else.  Must be in his 20s now.

I heard from him a year or two ago, and he was OK.

Although he did sometimes annoy me (especially that time he threatened to commit suicide and I had to contact his local police), I miss the pure passion that he and many others had at the time. It's become pretty diluted now.

Thanks for the update.

Surely there has been a lot of speculation in this thread that Atlas might have followed through with his threats of self-destruction, so nice to hear that he was able to make it through that period and circumstances (even threatening such can be a telling sign of needing help).

Regarding passion, I would imagine that such passion is harder to maintain when the diversity of the bitcoin community has grown so much, including involvement of many suit types in the space and even some of the severity of attack vectors on bitcoin and attack propaganda that seems aimed at purposefully misleading regarding bitcoin and desires to divide and fracture the various crypto camps.  Frequently, also, it can be difficult to identify shared goals and aspirations that some alt coin (ICO) pumpers might have when they are considered as attacks on bitcoin (and I am even guilty of having difficulties in that regard, too).

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January 07, 2018, 02:38:16 AM
 #4058

Yes yes we are the new elite because we are using the bitcoin and we are will be the future millionaires someday. I notice that Bitcoin user change their life, because of the impact of the bitcoin to their life. I read some people help their family with the help of bitcoin and others reason. I happy that bitcoin have a good impact to the many people user on it.  Bitcoin is Blessing to us.

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January 07, 2018, 05:53:03 AM
 #4059

Bitcoin is a new revolution when it comes to cryptocurrencies. Being part of the first wave of users itself is already a feat considering how far btc has come.
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January 07, 2018, 11:19:14 AM
 #4060

I believe Bitcoin. with Bitcoin, I am sure I can be rich through it and I'm sure that the world financial system will soon use bitcoin and we will be successful and rich because of bitcoin.
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