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Author Topic: What is your plan to get rich with Bitcoin?  (Read 265784 times)
goinmerry
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August 02, 2016, 12:25:11 AM
 #3301

My plan to get rich in bitcoin his just to gather a lot of bitcoin for myself then leave in my wallet until bitcoin becomes $10k/btc and I will exchange all of it for my local currency

You must be a rich guy for just letting your bitcoin stay for that long time. When do you think this will happen? Dont you think it will grow more if you make a use out of it or maybe trying to make it larger without buying.
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August 02, 2016, 12:39:03 AM
 #3302

Yes trading is also risky at all but if you are just going to focus on it for sure you are going to do something better and earn good profit out of it.
But it is better if you are just not going to focus with trading at all get as many source as you can so that you are going to be rich with bitcoin.
And don't get involve to illegal activities.

But I think the focus is not enough to be maraup gains in trading, it takes capital, patience, and knowledge. yes, indeed if we have many sources of income we can hoard wealth of bitcoin, but in my opinion it is limited to a few people. Because very few people who have a lot of skill.

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madwica
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August 02, 2016, 01:12:09 AM
 #3303

Yes trading is also risky at all but if you are just going to focus on it for sure you are going to do something better and earn good profit out of it.
But it is better if you are just not going to focus with trading at all get as many source as you can so that you are going to be rich with bitcoin.
And don't get involve to illegal activities.

But I think the focus is not enough to be maraup gains in trading, it takes capital, patience, and knowledge. yes, indeed if we have many sources of income we can hoard wealth of bitcoin, but in my opinion it is limited to a few people. Because very few people who have a lot of skill.
All skills can be learn but few people are interested to learn about trading because they want is to play like in gambling that is why more people are investing in gambling than trading even they know the risk they have in gambling.
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August 02, 2016, 02:12:04 AM
 #3304

My plan to get rich in bitcoin his just to gather a lot of bitcoin for myself then leave in my wallet until bitcoin becomes $10k/btc and I will exchange all of it for my local currency
you're plan is a great idea, here's my question in your answer if you hold your bitcoin by your self in your wallet how if bitcoin decrease the price into 100$ ? then you probably cry for that for me you need abank account where you can deposit your bitcoin , first you need to turn your bitcoin or change your bitcoin into fiat then save it into bank like investing Smiley
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August 02, 2016, 03:46:55 AM
 #3305

Gambling was my answer before, gambling is my answer now. I tried almost everything else and most luck and profit I made with help of gambling. Everything else was disaster. If I would have 1000 $ I would rather put them in casino then in trading or some other service. In gambling at least I know how big risk I take, with everything else I just wait site to shut down, or owner to disappear with our money.
We will see how long this feeling is going to hold me, for now I don't see better solution to make more from my coins.

Good luck with that.  I just hope you will not end up as a gambling addict and his life ruined because of gambling. There are already too many of that, I hope you will not add to the statistics.
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August 02, 2016, 03:51:03 AM
 #3306

my plan when i get rich with bitcoin? one thing for sure is ill contribute more in bitcoin world. ill do daily trading some bitcoin invest. share what bitcoin done to me here at locals and introduce them that the future money is here.
Ryananda
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August 02, 2016, 04:13:04 AM
 #3307

Yes trading is also risky at all but if you are just going to focus on it for sure you are going to do something better and earn good profit out of it.
But it is better if you are just not going to focus with trading at all get as many source as you can so that you are going to be rich with bitcoin.
And don't get involve to illegal activities.

But I think the focus is not enough to be maraup gains in trading, it takes capital, patience, and knowledge. yes, indeed if we have many sources of income we can hoard wealth of bitcoin, but in my opinion it is limited to a few people. Because very few people who have a lot of skill.
All skills can be learn but few people are interested to learn about trading because they want is to play like in gambling that is why more people are investing in gambling than trading even they know the risk they have in gambling.


Yes if the intention to learn the most important skill can surely be patient. Trade was in my opinion very difficult for a new person to know. But if learned will be successful and be able to get so many benefits.
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August 02, 2016, 05:26:16 AM
 #3308

my plan when i get rich with bitcoin? one thing for sure is ill contribute more in bitcoin world. ill do daily trading some bitcoin invest. share what bitcoin done to me here at locals and introduce them that the future money is here.

better to share your tactic of bitcoin trading than you give some bit's, im trader, miner and giveaway hunter too.
but for me learning new skill for trading is more interesting to growing my profit
enhu
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August 02, 2016, 07:24:24 AM
 #3309

My plan to get rich in bitcoin his just to gather a lot of bitcoin for myself then leave in my wallet until bitcoin becomes $10k/btc and I will exchange all of it for my local currency

You must be a rich guy for just letting your bitcoin stay for that long time. When do you think this will happen? Dont you think it will grow more if you make a use out of it or maybe trying to make it larger without buying.

I also look at it that way. I don't waste my time keeping my btc, i have to trade it. there are tons of coins to invest such as ETC. which may likely replace ETH in the end. there are also lots of coins on ICO which can potentially grow in the future.

Don't let you BTC rot, help the economy. spend it.

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August 02, 2016, 07:33:54 AM
 #3310

My plan to get rich in bitcoin his just to gather a lot of bitcoin for myself then leave in my wallet until bitcoin becomes $10k/btc and I will exchange all of it for my local currency
And until when you will wait for? I never expect about your statement, maybe until a lot of people in here is dead the price will impossible to reached $10k/btc, it looks like a miracle for me.

I agree it will take generations for bitcoin actually to reach 10k$ per btc. But still bitcoins offers nice returns in the meantime. even with the backdrop from 700$ levels. Bitcoins is still up 20+% this year. Much better returns than you earn on any savings account at the moment.
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August 02, 2016, 07:36:43 AM
 #3311

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

As I said before bitcoin is the virtual currency / currencies that are not real. Everything that happens in bitcoin we must know the risks. There would be a bad impact on the real market, and for some countries like Indonesia not to legalize bitcoin. I personally think bitcoin currency intended only for some circles, we can not use it in public places because not many people know. The examples we want to buy something, but we only have money in the form of bitcoin, the seller will not be willing to accept bitcoin because the seller does not use bitcoin for everyday exchanges.
ubitcoin
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August 02, 2016, 08:54:25 AM
 #3312

Yes trading is also risky at all but if you are just going to focus on it for sure you are going to do something better and earn good profit out of it.
But it is better if you are just not going to focus with trading at all get as many source as you can so that you are going to be rich with bitcoin.
And don't get involve to illegal activities.

But I think the focus is not enough to be maraup gains in trading, it takes capital, patience, and knowledge. yes, indeed if we have many sources of income we can hoard wealth of bitcoin, but in my opinion it is limited to a few people. Because very few people who have a lot of skill.
All skills can be learn but few people are interested to learn about trading because they want is to play like in gambling that is why more people are investing in gambling than trading even they know the risk they have in gambling.
I beg to differ. There are actually a lot of traders than gamblers since trading poses less risk than gambling and people want to learn big with less risks. But I never mean trading as less risk. If we go for trading without proper analysis and predictions then we will not find any difference between trading and gambling.
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August 02, 2016, 09:18:39 AM
 #3313

All skills can be learn but few people are interested to learn about trading because they want is to play like in gambling that is why more people are investing in gambling than trading even they know the risk they have in gambling.

I think gambling is not an investment, just a game of winning and losing. And for gambling I feel no need skills, plus I think people who prefer gambling than trading because they could not understand the basics of trading and turn to gambling that do not require a particular skill. IMO

Right, skills can indeed be learned. But what makes it difficult is not necessarily the people understand and want to learn. Smiley

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August 02, 2016, 12:21:39 PM
 #3314

i have no special plan but just holding my bitcoin for a long period.
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August 02, 2016, 05:10:22 PM
 #3315

All skills can be learn but few people are interested to learn about trading because they want is to play like in gambling that is why more people are investing in gambling than trading even they know the risk they have in gambling.

I think gambling is not an investment, just a game of winning and losing. And for gambling I feel no need skills, plus I think people who prefer gambling than trading because they could not understand the basics of trading and turn to gambling that do not require a particular skill. IMO

Right, skills can indeed be learned. But what makes it difficult is not necessarily the people understand and want to learn. Smiley
yes that is righ gambing is not an investment, because in gambling your skill your education your experience all things are counting but if you are talking about the gambling so in gambling nothing of these things are needed there  you need only luck and some money fo betting, so cannot say that getting money is an investement
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August 02, 2016, 05:20:27 PM
 #3316

my plan when i get rich with bitcoin? one thing for sure is ill contribute more in bitcoin world. ill do daily trading some bitcoin invest. share what bitcoin done to me here at locals and introduce them that the future money is here.
i guess the way not working well after trying to tell people that bitcoin can give you a profit if you invest in bitcoin but they always say if bitcoin is a ponzi.

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August 02, 2016, 05:32:43 PM
 #3317

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
5000 dollar per btc ..well its huge and it will  take a lot of time ...well earning 100 btc would be a dream for me ..well i would save that btc and when my dad will be planning to sell our previous house, then i should have enough money so that i can buy that house from my dad ..kudoos Smiley

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August 02, 2016, 05:52:57 PM
 #3318

i have no special plan but just holding my bitcoin for a long period.
the same for me, im just holding my bitcoins for a really long period of time right now, i hope that i will make really good money out of it

 
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August 02, 2016, 06:11:29 PM
 #3319

i have no special plan but just holding my bitcoin for a long period.
the same for me, im just holding my bitcoins for a really long period of time right now, i hope that i will make really good money out of it
The plan is to collect bitcoin on the signature campaign, trading, gambling, loan or lend BTC, and makes some investment as to increase of income of bitcoin. Keep saving my BTC until the price $1-2k or more and then sell it. So, waiting for a long period is the key for it.
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August 02, 2016, 09:35:42 PM
 #3320

i have no special plan but just holding my bitcoin for a long period.
the same for me, im just holding my bitcoins for a really long period of time right now, i hope that i will make really good money out of it
The plan is to collect bitcoin on the signature campaign, trading, gambling, loan or lend BTC, and makes some investment as to increase of income of bitcoin. Keep saving my BTC until the price $1-2k or more and then sell it. So, waiting for a long period is the key for it.
but my plan is to hold the bitcoin for a long time and hope that bitcoin will give me a good profit, i am not effecting form the present position of bitcoin as the price of bitcoin is falling rapidly, but as i have invested my fiat money in bitcoin for long term  therefore i do not care for the price either it is falling or raising in present time.
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