pooya87
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Activity: 3444
Merit: 10550
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March 02, 2016, 06:39:34 AM |
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Holding the bitcoins could be a potential way to get rich just if the Bitcoin's price get the highest level in short amount of time, otherwise you can earn some profit but i don't think that's will help you to get rich
yeah hold bitcoin could be a potential way to get rich, For example if we go back when the price of bitcoin $1 and sell at a price of $1000 and this was unimaginable. and I believe it to buy and hold at current prices, perhaps a few years bitcoin prices could touch $5000  holding bitcoin for long time can be a game which have 50-50% Chance to win or loss.may be you hold btc for long time and after 3-8years btc price is down so in this way you got rich? lol.....so holding bitcoin is profitable with 50% risk. nah, the chances are not even close to 50-50 chance. there is a lot of factors affecting bitcoin price which makes the chance of going up or down variable every day. for example this year the chance of price going up is much higher that it going down. but there is still some chance of reverse action for example because of block size. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Narosya
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March 02, 2016, 09:34:52 AM |
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Holding the bitcoins could be a potential way to get rich just if the Bitcoin's price get the highest level in short amount of time, otherwise you can earn some profit but i don't think that's will help you to get rich
I don't think that holding bitcoin will become rich. indeed how much bitcoin, have you got? 100 btc? I think that you can get rich with holding Bitcoins if the price will increase for more than 10000$ for example, and that's possible in fact it is impossible to rise 10-fold more, no history rise as high as it was, it was impossible I think so, in the past, the rise due to the halving was high, that is because the halving was from 50 to 25. This time, the halving is only from 25 to 12.5. |
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iliasyaco
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March 02, 2016, 09:47:46 AM |
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people who only buy bitcoin to make fiat profit of it... shoot ur self  |
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iamthesky
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March 02, 2016, 10:53:39 AM |
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I think I will hold my btc for next couple of months until the halving comes, and will try to earn as many bitcoins possible at a moment, as halving is in july so till then will be having descent amount of coins, and will sell it at the time of halving when the price is higher.
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ajun96
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March 02, 2016, 11:01:19 AM |
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I think I will hold my btc for next couple of months until the halving comes, and will try to earn as many bitcoins possible at a moment, as halving is in july so till then will be having descent amount of coins, and will sell it at the time of halving when the price is higher.
I would say that. halving will not make bitcoin prices rose more than 200%. so if you only have a few bitcoin. maybe <20 btc. you're not going to get rich. if only by holding |
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7a7a
Member
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Activity: 84
Merit: 10
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March 02, 2016, 11:04:10 AM |
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my plan to get rich with bitcoin is to save the max of bitcoin for the halving by that time i will sell it for the right price and if that not help i will gamble with all of them
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DodoB
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March 02, 2016, 11:09:27 AM |
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Save up bitcoins until 2020 when the bitcoin price (hopefully) reaches 10,000$,also try not to die by then
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iliasyaco
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March 02, 2016, 11:15:23 AM |
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Save up bitcoins until 2020 when the bitcoin price (hopefully) reaches 10,000$,also try not to die by then
 lol |
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BlueStackz
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Activity: 1204
Merit: 1028
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March 02, 2016, 11:36:07 AM |
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To be honest - i dont care about my own personal wealth. I am a miner and a supporter of bitcoin as a principle - not as a profit-seeking endeavor.
That s nice but it does not meant you cannot start building your crypto empire, bit by bit. I have seen some people who directly try to earn 1 bitcoin since the day they come to know about BTC , actually that is just possible either when you have some sort of big mining rigs or you have big talent or skills. |
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BeGoods
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Activity: 1372
Merit: 1008
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March 02, 2016, 01:10:03 PM |
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I think the best plan to get rich with bitcoin is juse buying and holding the coins till the price rising
I think many people are saying that. and the answer was the same. You can not become rich just by holding, unless you save more than 10,000 BTC and bitcoin prices rose. 4-fold. im sure. YOU WILL BECOME RICH Well said just by holding the bitcoin longer you are not gonna become rich. The earned bitcoins needs to be used in a better way to earn you good profit and become rich with it. nope. certainly holding also can make you rich. if prices rise several fold. do you think the traders der, can not become rich. for use this way. You also can work hard using other means besides holding. would be easier |
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davinchi
Legendary
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Activity: 2100
Merit: 1058
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March 02, 2016, 01:17:56 PM |
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I have made some small plans for each month and will try to fulfill them with the best possible way.
Like for january I had a good plan to earn at least 0.2 BTC by the end of month, I failed , though I did earned 0.17 btc around. Anyways Feb goal is achieved and setting new ones for March already. This way I believe I will be rich.
Unlike you I have yearly plan. I am thinking of earning at least 5 btc this year, I know its a tough task but I am doing everythig that is possible by me to earn that much. I am doing surveys and all I could. |
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Ryananda
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March 02, 2016, 02:21:16 PM |
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I have made some small plans for each month and will try to fulfill them with the best possible way.
Like for january I had a good plan to earn at least 0.2 BTC by the end of month, I failed , though I did earned 0.17 btc around. Anyways Feb goal is achieved and setting new ones for March already. This way I believe I will be rich.
Unlike you I have yearly plan. I am thinking of earning at least 5 btc this year, I know its a tough task but I am doing everythig that is possible by me to earn that much. I am doing surveys and all I could. To get 5 bitcoin in a year it will certainly be achieved and I am sure. But according to me to collect up to a year was long enough. Maybe I think if it had been quite a lot and the prices are high-better change course in order to become rich. |
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LuckyYOU
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March 02, 2016, 02:22:13 PM |
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My plans are not to get rich with Bitcoin. I just have a daily job and that is very good enough.
I hope later that more people will get some money from Bitcoin. I see Bitcoin as a bonus and I like it.
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Imoote
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March 02, 2016, 02:36:26 PM |
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My plans are not to get rich with Bitcoin. I just have a daily job and that is very good enough.
I hope later that more people will get some money from Bitcoin. I see Bitcoin as a bonus and I like it.
Exactly, and I strongly agree with your opinion. No no right to expect to be rich in bitcoin because I think just as an additional course so that we can earn extra money. Results of bitcoin is not bad and I also liked it. |
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btcdevil
Legendary
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Activity: 1302
Merit: 1027
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March 02, 2016, 02:40:56 PM |
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my plan is simple i do small sports betting and earning through signature campaign, nothing much, with that savings i want to get rich,
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bitcoin-hunter
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March 02, 2016, 02:56:13 PM |
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My plans are not to get rich with Bitcoin. I just have a daily job and that is very good enough.
I hope later that more people will get some money from Bitcoin. I see Bitcoin as a bonus and I like it.
Exactly, and I strongly agree with your opinion. No no right to expect to be rich in bitcoin because I think just as an additional course so that we can earn extra money. Results of bitcoin is not bad and I also liked it. You are right, I'm just investing a lot of money in the bitcoin to gain a lot of money later by the market price, I also do trading but that can be pretty risky. If you want to play it safe just invest in the bitcoin and hold them for a long time till the price is good. |
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rio3233
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March 02, 2016, 03:01:57 PM |
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Actually i don't have a big plan for get rich with bitcoin. I only earn it from signature campaign and then sell it, i don't have any plan after.
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HarryKPeters
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March 02, 2016, 03:13:50 PM |
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My plan is to get rich by using the bitcoin as a long term investment you can make a lot of money by just investing in the bitcoin itself.
I think its one of the things most people should do because its very easy.
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Imoote
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March 03, 2016, 12:35:09 PM |
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My plans are not to get rich with Bitcoin. I just have a daily job and that is very good enough.
I hope later that more people will get some money from Bitcoin. I see Bitcoin as a bonus and I like it.
Exactly, and I strongly agree with your opinion. No no right to expect to be rich in bitcoin because I think just as an additional course so that we can earn extra money. Results of bitcoin is not bad and I also liked it. You are right, I'm just investing a lot of money in the bitcoin to gain a lot of money later by the market price, I also do trading but that can be pretty risky. If you want to play it safe just invest in the bitcoin and hold them for a long time till the price is good. Yes very true that the easiest and safest way in my opinion, the risk of loss is very small so it is very profitable. That's the best way to gather and get to in bitcoin. I also do not dare trade because I can not, I am afraid there will be a loss because I have not been able to trade. |
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ampere
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March 03, 2016, 12:39:05 PM |
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My plans are not to get rich with Bitcoin. I just have a daily job and that is very good enough.
I hope later that more people will get some money from Bitcoin. I see Bitcoin as a bonus and I like it.
Exactly, and I strongly agree with your opinion. No no right to expect to be rich in bitcoin because I think just as an additional course so that we can earn extra money. Results of bitcoin is not bad and I also liked it. You are right, I'm just investing a lot of money in the bitcoin to gain a lot of money later by the market price, I also do trading but that can be pretty risky. If you want to play it safe just invest in the bitcoin and hold them for a long time till the price is good. Yes very true that the easiest and safest way in my opinion, the risk of loss is very small so it is very profitable. That's the best way to gather and get to in bitcoin. I also do not dare trade because I can not, I am afraid there will be a loss because I have not been able to trade. What if the price fall back to $100? Have you thought of it? Anything is possible, you cannot be sure that bitcoin value would be on top in future, you should be ready with all the possibilities. |
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