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Author Topic: What is your plan to get rich with Bitcoin?  (Read 265795 times)
Labumi
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May 14, 2016, 08:33:09 AM
 #1921

My plan is to hold the bitcoin as long as possible to make as much as possible profit, I think it can be done if you have a enough patient to do this.

Brilliant idea, most people must have had a pretty big dreams on Bitcoin, because they know when the currency is Bitcoin is famous because of its price which had touched the figure Above $ 1000. And who knows it will surely thought that BTC is a storehouse of long-term investment, indeed it's true. But if we just have very little savings most likely plan/our dreams will not be achieved. To avoid it you can look for other alternatives, namely by way of trade.
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May 14, 2016, 10:04:13 AM
 #1922

my plan to get rich with bitcoin, i still trade bitcoin and hope get a profit to collect a little money to make my money grow.
If we are skilled about bitcoin trading, then we can maximize the process of collecting more bitcoins by doing bitcoin trading. But most of the intraday traders are not making profits on daily basis. Buying and holding bitcoins for some days will get you profits but this turns as a passive trading. But passive trading is slow but somewhat profitable always.
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May 14, 2016, 10:11:01 AM
 #1923

My plan is to hold the bitcoin as long as possible to make as much as possible profit, I think it can be done if you have a enough patient to do this.
we will not know what will happen in the future on bitcoin, but if you believe, ok it was nice to hold as long as possible.
I prefer to make a profit everyday, rather than just holding, waiting for a long time and did not do anything.
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May 14, 2016, 12:36:44 PM
 #1924

My plan is to hold the bitcoin as long as possible to make as much as possible profit, I think it can be done if you have a enough patient to do this.
we will not know what will happen in the future on bitcoin, but if you believe, ok it was nice to hold as long as possible.
I prefer to make a profit everyday, rather than just holding, waiting for a long time and did not do anything.

Exactly if you have good skills to grow them then you can actively make efforts to do it, as only holding will not be profitable enough to get best returns.
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May 14, 2016, 01:50:06 PM
 #1925

Im planning to invest more and more on mining rather than hyip. you will get your Roi on mining 2-3 months. and you can roll it out on other mining until its big. trading is a lot of time and hands on. you must assure that your coins will not dump less than you buy it or else you will lost. Buy at dump sell on pump. If your lucky you will earn a lot and instant money. Hard work will get you on Top of it. Push our luck...

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saladin7000
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May 14, 2016, 01:56:46 PM
Last edit: May 16, 2016, 01:04:19 PM by saladin7000
 #1926

Im planning to invest more and more on mining rather than hyip. you will get your Roi on mining 2-3 months. and you can roll it out on other mining until its big. trading is a lot of time and hands on. you must assure that your coins will not dump less than you buy it or else you will lost. Buy at dump sell on pump. If your lucky you will earn a lot and instant money. Hard work will get you on Top of it. Push our luck...
Well what is cloudmining that give you ROI for 2-3months? cloudmining based on ponzi?that is very risky too

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May 14, 2016, 02:03:50 PM
 #1927

I just hold bitcoins for now, I'll see what to do later.
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May 14, 2016, 02:10:10 PM
 #1928

I am investing bitcoins to get rich
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May 14, 2016, 04:51:50 PM
 #1929

my plan to get rich with bitcoin? hmmm, I will make an effort bitcoin exchange and hopefully will be successful
Yes true it was very good to get a lot of bitcoin and increase revenue.
Being rich with bitcoin require great effort and diligent in collecting bitcoin.
Many people are collecting their bitcoins but they do spend after some period of holding. This is a common mistake among most of the bitcoiners. We never forget Satoshi becomes a billionaire today only because he is holding bitcoins till now. So, we must be planning for holding our bitcoins for longer to get rich with a bitcoins.
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May 14, 2016, 04:56:24 PM
 #1930

my plan to get rich with bitcoin? hmmm, I will make an effort bitcoin exchange and hopefully will be successful
Yes true it was very good to get a lot of bitcoin and increase revenue.
Being rich with bitcoin require great effort and diligent in collecting bitcoin.
Many people are collecting their bitcoins but they do spend after some period of holding. This is a common mistake among most of the bitcoiners. We never forget Satoshi becomes a billionaire today only because he is holding bitcoins till now. So, we must be planning for holding our bitcoins for longer to get rich with a bitcoins.

Exactly holding is the best way to get rich with bitcoin in future, as price will be much higher in future then we expect.

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May 14, 2016, 06:16:05 PM
 #1931

My plan is to hold the bitcoin as long as possible to make as much as possible profit, I think it can be done if you have a enough patient to do this.

I'm also gonna do this because the fact is that the halving is so good, I think that its so profitable compared with other things.
The future of the bitcoin is so good.

The future of bitcoin will depend on its value, if price falls down in future then there is no scope to get rich with it, so when you see higher price its better to sell your coins.

If u save the coins, you should feel that in the long run you got to get rich because Bitcoins prices are increasing Day by Day and saving is the safest option when it comes bitcoins.
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May 14, 2016, 08:49:22 PM
 #1932

Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more.  Grin

Chat with him again and tell him that he will have to work his whole life then Cheesy no way btc price getting to 5k

Maybe depends upon the timeline, and surely there is no "nevers" when it comes top market items such as bitcoin.

Accordingly, better to think in terms of probabilities rather than absolutes.

Accordingly, $5k per bitcoin is a bit more than a 10x of the market cap.  Currently market cap is 7 billion, and getting to the same as gold is a 1000x increase.. which would be $500k per BTC.  $5k per BTC seems very feasible, even within the next year or so, but yeah, it is a probability rather than an absolute and people are going to calculate probabilities differently, whether the odds of $5k within a year are .01%, or 1% or 10% or 50%, people are going to come to various conclusions at different projected price levels and timelines.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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May 14, 2016, 08:59:32 PM
 #1933

my plan to get rich with bitcoin, i still trade bitcoin and hope get a profit to collect a little money to make my money grow.
If we are skilled about bitcoin trading, then we can maximize the process of collecting more bitcoins by doing bitcoin trading. But most of the intraday traders are not making profits on daily basis. Buying and holding bitcoins for some days will get you profits but this turns as a passive trading. But passive trading is slow but somewhat profitable always.


You have the potential (as long as your plan is decent, such as buying on the way down and selling on the way up) to make most of your money on periods of very high volatility.  It is not exactly a passive activity because if you are trading, then you have to pay attention to the market and you have to be prepared to be potentially very active during those periods of high volatility.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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May 14, 2016, 09:14:01 PM
Last edit: May 31, 2016, 12:16:51 PM by PacePay
 #1934

After getting involved in bitcoin i came to know that yes we can become rich with bitcoin but only need some struggle and a good planning.
So I decided to collect all the highest paying faucets and make a time table for it and start collecting bits at there, the other planning is that to complete the tasks which are available on this forum and other places and to make blogs and earning from there also.
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May 14, 2016, 09:57:30 PM
 #1935

My plan is to hold the bitcoin as long as possible to make as much as possible profit, I think it can be done if you have a enough patient to do this.

I'm also gonna do this because the fact is that the halving is so good, I think that its so profitable compared with other things.
The future of the bitcoin is so good.

The future of bitcoin will depend on its value, if price falls down in future then there is no scope to get rich with it, so when you see higher price its better to sell your coins.

If u save the coins, you should feel that in the long run you got to get rich because Bitcoins prices are increasing Day by Day and saving is the safest option when it comes bitcoins.

You are right about that if you have the patience and believing to hold the bitcoin for a long term you can make money and get rich.
The bitcoin is getting bigger and bigger and this can also be seen in its worth.
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May 14, 2016, 10:05:38 PM
 #1936

I have much a plan to get rich with bitcoin, I will start to trading, I hold some of bitcoin for the long time investment, and play in gambling to try my luck.

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May 14, 2016, 10:14:43 PM
 #1937

I don't like this passive methods to get rich. I would prefer to try something where the possibility of getting rich depends on my daily efforts, and not only on the accomplishment of some conditions that  are not in my minds, as a potential price increase. 
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May 14, 2016, 10:30:19 PM
 #1938

I don't like this passive methods to get rich. I would prefer to try something where the possibility of getting rich depends on my daily efforts, and not only on the accomplishment of some conditions that  are not in my minds, as a potential price increase. 
Yeah and if you have full time job then you can surely get rich with it you don't have to depend on bitocin to get rich as it is only an additional income.
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May 15, 2016, 12:22:14 AM
 #1939

I don't like this passive methods to get rich. I would prefer to try something where the possibility of getting rich depends on my daily efforts, and not only on the accomplishment of some conditions that  are not in my minds, as a potential price increase. 

I don't know why you don't like passive ways, you are just relaxing somewhere when your money working on you. I think passive income is always better than work for bread on big boss in office  Grin Wink

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May 15, 2016, 12:37:17 AM
 #1940

I save some bitcoin in the online wallet and I invested some of bitcoin on trading. bitcoin very profitable and easy to be used as a workplace.
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