What is your plan to get rich with Bitcoin?

[fkvidar]

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see  higher price to secure profits, as you can again buy when price drops in future.

Well that is a really long-term getting rich strategy i guess because first it would take time to accumulate that much bitcoins and then to wait so many years for it to grow that much so that you can sell them and get rich, better thing would be learning trading and then investing your coins into it so that you can earn bitcoins in a short time.

If you have good skills and knowledge of trading then that is the best option to grow your coins in quick time as in future if price goes higher then you can expect higher profits if you have higher amount of coins.

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[techfm86]

I'm thinking of trying to make some profit trading, then hold until btc increases in price.

[serjent05]

I'm thinking of trying to make some profit trading, then hold until btc increases in price.

this might  be a good strategy especially when you know how to trade.  I can imagine the 1 BTC having a trading profit of 5% daily and holding the btc for couple of years while repeating the strategy.  It would be 5% * 365 days (compounding interest not included) . This  means you multiplied your 1 BTC by 18.25 times plus the compounding's profit in 1 year time.

[SquallLeonhart]

I'm thinking of trying to make some profit trading, then hold until btc increases in price.

this might  be a good strategy especially when you know how to trade.  I can imagine the 1 BTC having a trading profit of 5% daily and holding the btc for couple of years while repeating the strategy.  It would be 5% * 365 days (compounding interest not included) . This  means you multiplied your 1 BTC by 18.25 times plus the compounding's profit in 1 year time.

Your potential profit heavily depends on bitcoin prices fluctuation, your trading skill and exchange's fee. Also, don't forget that sometimes you could make wrong move and suffer losses.
If you're looking big profit, you better trading altcoin even though the risk is higher.

Risk will always be a part of bitcoin, even holding involves risk as if price goes lower in future then you need to wait for a long time to see higher price, so its better to take some risk and try to grow the level of coins.

[rekinthis]

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see  higher price to secure profits, as you can again buy when price drops in future.

you are right, collecting and saving your bitcoins might give you a really great opportunity to make some good money without too much efforts

[20kevin20]

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see  higher price to secure profits, as you can again buy when price drops in future.

you are right, collecting and saving your bitcoins might give you a really great opportunity to make some good money without too much efforts

Collecting it also increases its price, although we didn't notice it. A wallet cannot change the price, but we together can do it.

[vero]

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see  higher price to secure profits, as you can again buy when price drops in future.

you are right, collecting and saving your bitcoins might give you a really great opportunity to make some good money without too much efforts

Collecting it also increases its price, although we didn't notice it. A wallet cannot change the price, but we together can do it.

if collecting for holder but if for resale, I do not think it can help a lot of the price rise. at my point view only the holder can help the price of bitcoin rise.

[PacePay]

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see  higher price to secure profits, as you can again buy when price drops in future.

but it will require a longer time and it is not sure that after selling his coins the price will once again drop, the future of bitcoin is shiny and we can say that the price in the coming future will rise only and will not drop down again, so the better choice is that start a safe business with your coins.

[BitMaxz]

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see  higher price to secure profits, as you can again buy when price drops in future.

you are right, collecting and saving your bitcoins might give you a really great opportunity to make some good money without too much efforts

Collecting it also increases its price, although we didn't notice it. A wallet cannot change the price, but we together can do it.

It cannot increase the price of bitcoin if you are just collecting maybe if you invest a lot of money in bitcoin the price will be increase a little bit depends how much money you exchange in bitcoin..  to become rich many way you need to do dont focus in one job or task and be multi tasker im sure you can earn a lot and you can save more.. also just dont hold it spend it that you  can make more if you spend it and invest it in legit way..

[masumhossain]

if you have proper knowledge about cryptocurrency/altcoin trading, then its not so hard to get rich if you start investing with a decent amount

[john2231]

if you have proper knowledge about cryptocurrency/altcoin trading, then its not so hard to get rich if you start investing with a decent amount

So if you have a knowledge you will be rich in trading? why me i have a knowledge but until now i never rich i am still here in small apartment only this small house i can afford. better to just collecting bitcoin and save it spend it when you are needed to increase the amount of your bitcoin..

[Thereisnospoon]

What about this?
https://youtu.be/5vzRgxzvV2k

[oceanriver]

I'm thinking of trying to make some profit trading, then hold until btc increases in price.

yeah trading cryptocurrencies allow me to make some good money, of course it requires a lot of investigation though it is all worth it

[aiub]

At the moment my plan is to do small tasks for building up a few Bitcoins, after I gather them I really don't know, like 2~3 months back I'd say I'd invest, but I found out the harsh way that most cloud mining and "BTC Investment" websites are ponzis and will stop giving profit before you reach ROI, so maybe I'll go into trading, or simply wait and see if the prices go up.
Actually when I think of "plans for getting rich" Bitcoin is not the first thing to come to my mind tho...

[chixka000]

Some people save their bitcoin they are team instinct because they are thinking that bitcoin would rise someday and can benefit from it. Some people invest or gamble they are team valor because have the courage to take risks. I am a team mystic i do rotate my bitcoin in doing some small business i think it is a smart way just an opinion tho

[XERES]

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. 

What is your plan crazyivan ? My plan to get rich with Bitcoin is open business with it that they can use Bitcoin as payment in my country that will be good because in my country not too many store that accept Bitcoin as payment. But if I have enough money to open business I will bring more people from my country to use Bitcoin in the future.

[ajun96]

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see  higher price to secure profits, as you can again buy when price drops in future.

I think it is the finishing of all the work you have done. for example, you work then you generate a lot of bitcoin. then you can do the finishing by selling at high prices. of course it requires patience and hard work in addition you also have to find the right method to earn bitcoin

[Achargeturry78]

my plan is to hold bitcoin only and not do anything with that, in my opinion the price of the bitcoin is going to increase so in this way i would make big profit

but you are going to hold your bitcoin for a long month because sometimes it takes a month or more months to increase the bitcoin price depends on the investors who are going to buy bitcoins , bitcoin decrease it price because of what happen on one exchange website - we have the same plan for this but for me make another method on how you are going to grow your money

[BitcoinPanther]

Some people save their bitcoin they are team instinct because they are thinking that bitcoin would rise someday and can benefit from it. Some people invest or gamble they are team valor because have the courage to take risks. I am a team mystic i do rotate my bitcoin in doing some small business i think it is a smart way just an opinion tho

Saving and holding bitcoin for future use is good.  There is also possibility that bitcoin willl raise in value but it  is somehow uncertain.  We cant predict the future price but only speculate.  Others think that trading it and gaining profit from it is the best way to get  rich with bitcoin.

[Betwrong]

if you have proper knowledge about cryptocurrency/altcoin trading, then its not so hard to get rich if you start investing with a decent amount

So if you have a knowledge you will be rich in trading? why me i have a knowledge but until now i never rich i am still here in small apartment only this small house i can afford. better to just collecting bitcoin and save it spend it when you are needed to increase the amount of your bitcoin..

You are right IMO. All my personal experience with trading was only negative. It's good I haven't lose much but I lost enough to stop doing it. Trading is like gambling: if you you want to make a big profit you should risk a lot and risking a lot you have all the chances to lose a lot.