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Author Topic: What is your plan to get rich with Bitcoin?  (Read 265891 times)
Bctforum
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April 26, 2016, 01:52:39 AM
 #1561

Hi everyone I'm new here my plan to get rich is why I join here I heard it the best place too Learn about bitcoins and the way to make a profit with them as this forum is the longest running Bitcoin forum on the net
bittrojan
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April 26, 2016, 02:01:51 AM
 #1562

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
good plan,retire with $5000000 was not bad idea,but i dont think its will enough for you to give inheritance to your son and grandson,so my plan was earn 1000 BTC and sell t when price up to $5k per BTC Cheesy

ICO investor. Miner. Bagholder Extraordinaire!
Doms
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April 26, 2016, 02:40:29 AM
 #1563

Getting rich with bitcoin would be a tough task if you are starting from scratch. It might take a lot of years doing different strategies that could work. Also, one must take note that bitcoin is not yet that stable and not yet as widely accepted as cash. Trading could lead to quick profits but unless you are an expert in it, you are only going to get minimal returns.
salmanahmedone
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April 26, 2016, 02:48:36 AM
 #1564

Currently I am making hundred satoshi everyday and my goal for now is to make 1 btc with $600 value on it or more+++ and I will be happy to have that coin and just let it stay for a year or 2 and convert it to cash when price is up
I don’t think that this One coin will make you rich. And earning one coin in one year is much longer time, you have to increase your efforts, you will be able to earn about 1 bitcoin in one month after that you may have chances to become rich.

My plan is save 10 Bitcoin for long term investment, keep it safe on paper wallet and waiting for 20 Years, i believe i can get rich with this plan

Long term investing and saving can be a good plan to become rich with bitcoins. More importantly, if you dont want to invest time, then you can buy few BTCs and after three months on halving , they could be doubled.  Wink
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April 26, 2016, 02:52:15 AM
 #1565

Currently I am making hundred satoshi everyday and my goal for now is to make 1 btc with $600 value on it or more+++ and I will be happy to have that coin and just let it stay for a year or 2 and convert it to cash when price is up
I don’t think that this One coin will make you rich. And earning one coin in one year is much longer time, you have to increase your efforts, you will be able to earn about 1 bitcoin in one month after that you may have chances to become rich.

My plan is save 10 Bitcoin for long term investment, keep it safe on paper wallet and waiting for 20 Years, i believe i can get rich with this plan

Long term investing and saving can be a good plan to become rich with bitcoins. More importantly, if you dont want to invest time, then you can buy few BTCs and after three months on halving , they could be doubled.  Wink
Yes true it could do to get rich from bitcoin. Besides the most convenient way is to play only the signature campaign. With the signature campaign we can get a steady income and the results obtained are quite good in my opinion.
delliaerd
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April 26, 2016, 03:36:58 AM
 #1566

Getting rich with bitcoin would be a tough task if you are starting from scratch. It might take a lot of years doing different strategies that could work. Also, one must take note that bitcoin is not yet that stable and not yet as widely accepted as cash. Trading could lead to quick profits but unless you are an expert in it, you are only going to get minimal returns.

Indeed with big capital of trading can give many profit too . More over if you have good skill in trading and experienced . You will easy to get rich with trading.

..C..
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April 26, 2016, 03:43:06 AM
 #1567

Farm bitcoins before halving comes and than i will try to sold it when price will be and the max point, than trading and other stuff to multiply my goods.

MingLee
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April 26, 2016, 03:45:24 AM
 #1568

Getting rich with bitcoin would be a tough task if you are starting from scratch. It might take a lot of years doing different strategies that could work. Also, one must take note that bitcoin is not yet that stable and not yet as widely accepted as cash. Trading could lead to quick profits but unless you are an expert in it, you are only going to get minimal returns.

Indeed with big capital of trading can give many profit too . More over if you have good skill in trading and experienced . You will easy to get rich with trading.
Warren Buffet is a good example of this. The difference is, if I remember correctly, he would invest primarily in safe stocks as opposed to really aggressive investments. Maybe that is something we should all be applying to our trading practices?
dhimasnk
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April 26, 2016, 05:03:59 AM
 #1569

I will continue to collect bitcoin and I will make the capital to open a business

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Ryananda
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April 26, 2016, 05:24:14 AM
 #1570

I will continue to collect bitcoin and I will make the capital to open a business
Yes it can be done and I'm sure you can realize it. But you need some time for you really enough capital. To be rich in bitcoin could happen but probably I think bitcoin only as additional money only.
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April 26, 2016, 05:42:43 AM
 #1571

I will continue to collect bitcoin and I will make the capital to open a business
Yes it can be done and I'm sure you can realize it. But you need some time for you really enough capital. To be rich in bitcoin could happen but probably I think bitcoin only as additional money only.
bitcoin not only as additional money. but bitcoin could be a major revenue lucrative. you can earn more money dibitcoin, compared with the job. because in bitcoin you can earn income unpredictable every day. like when you play trading, you might even be able to get the same amount of your salary every month in your work in just one day Cheesy

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April 26, 2016, 07:03:53 AM
 #1572

Currently I am making hundred satoshi everyday and my goal for now is to make 1 btc with $600 value on it or more+++ and I will be happy to have that coin and just let it stay for a year or 2 and convert it to cash when price is up
I don’t think that this One coin will make you rich. And earning one coin in one year is much longer time, you have to increase your efforts, you will be able to earn about 1 bitcoin in one month after that you may have chances to become rich.

My plan is save 10 Bitcoin for long term investment, keep it safe on paper wallet and waiting for 20 Years, i believe i can get rich with this plan
how your expectations for a price that will occur in the 20 years to come. so you really believe that you will become rich from just 10 BTC is it?
I thought the prices were reasonable for 20 years is about $1000-$2000
you're not going to get rich just by 10 btc ? just IMO
Doms
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April 26, 2016, 07:41:46 AM
 #1573

Getting rich with bitcoin would be a tough task if you are starting from scratch. It might take a lot of years doing different strategies that could work. Also, one must take note that bitcoin is not yet that stable and not yet as widely accepted as cash. Trading could lead to quick profits but unless you are an expert in it, you are only going to get minimal returns.

Indeed with big capital of trading can give many profit too . More over if you have good skill in trading and experienced . You will easy to get rich with trading.
Warren Buffet is a good example of this. The difference is, if I remember correctly, he would invest primarily in safe stocks as opposed to really aggressive investments. Maybe that is something we should all be applying to our trading practices?

Because Warren Buffett took calculated risks, he was able to bring profits back to those companies that he bought (sometimes at a huge discount). And he focused mainly on non-tech companies. I'm wondering what his opinion is about bitcoin since he is known to shy away from investing in tech companies.
RobinHoodster
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April 26, 2016, 08:49:35 AM
 #1574

Getting rich with bitcoin would be a tough task if you are starting from scratch. It might take a lot of years doing different strategies that could work. Also, one must take note that bitcoin is not yet that stable and not yet as widely accepted as cash. Trading could lead to quick profits but unless you are an expert in it, you are only going to get minimal returns.

Indeed with big capital of trading can give many profit too . More over if you have good skill in trading and experienced . You will easy to get rich with trading.
My plan is not to be rich with Bitcoin and I see only Bitcoin as a small earning and thats it, if you life will depend on Bitcoin than the chance is high that you can become poor and that would be bad.
So just have a daily job and see Bitcoin as a small earning that would be good enough I think.
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April 26, 2016, 10:55:54 AM
 #1575


My plan is not to be rich with Bitcoin and I see only Bitcoin as a small earning and thats it, if you life will depend on Bitcoin than the chance is high that you can become poor and that would be bad.
So just have a daily job and see Bitcoin as a small earning that would be good enough I think.

Feel sad for your beliefs. You can do your daily job while at the same time working for bitcoin. It's really a great chance at your side since your bitcoin earnings will just be save because all your spending will be supported by your daily job salary.

Like in my case, I earned a lot of bitcoins now since I start because I have my daily job so my coins are just saved.

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BitsandBites
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April 26, 2016, 02:09:57 PM
 #1576

Getting rich with bitcoin would be a tough task if you are starting from scratch. It might take a lot of years doing different strategies that could work. Also, one must take note that bitcoin is not yet that stable and not yet as widely accepted as cash. Trading could lead to quick profits but unless you are an expert in it, you are only going to get minimal returns.

Indeed with big capital of trading can give many profit too . More over if you have good skill in trading and experienced . You will easy to get rich with trading.
My plan is not to be rich with Bitcoin and I see only Bitcoin as a small earning and thats it, if you life will depend on Bitcoin than the chance is high that you can become poor and that would be bad.
So just have a daily job and see Bitcoin as a small earning that would be good enough I think.
I also have not plans on getting rich with Bitcoin I started with Bitcoin because it would be nice to earn some extra money on the side. It all depends on what the price is going to be but at long as I make a profit I am happy.
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April 27, 2016, 01:49:27 AM
 #1577

Getting rich with bitcoin would be a tough task if you are starting from scratch. It might take a lot of years doing different strategies that could work. Also, one must take note that bitcoin is not yet that stable and not yet as widely accepted as cash. Trading could lead to quick profits but unless you are an expert in it, you are only going to get minimal returns.

Indeed with big capital of trading can give many profit too . More over if you have good skill in trading and experienced . You will easy to get rich with trading.
My plan is not to be rich with Bitcoin and I see only Bitcoin as a small earning and thats it, if you life will depend on Bitcoin than the chance is high that you can become poor and that would be bad.
So just have a daily job and see Bitcoin as a small earning that would be good enough I think.
I also have not plans on getting rich with Bitcoin I started with Bitcoin because it would be nice to earn some extra money on the side. It all depends on what the price is going to be but at long as I make a profit I am happy.
Yes very true to the benefit of bitcoin actually I have been very happy.
To become rich may only collect bitcoin we had to accumulate a lot.
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April 27, 2016, 02:27:30 AM
 #1578


My plan is not to be rich with Bitcoin and I see only Bitcoin as a small earning and thats it, if you life will depend on Bitcoin than the chance is high that you can become poor and that would be bad.
So just have a daily job and see Bitcoin as a small earning that would be good enough I think.

Feel sad for your beliefs. You can do your daily job while at the same time working for bitcoin. It's really a great chance at your side since your bitcoin earnings will just be save because all your spending will be supported by your daily job salary.

Like in my case, I earned a lot of bitcoins now since I start because I have my daily job so my coins are just saved.

Yes, but maybe he has a point, if we only rely with bitcoin we will not get enough income, then from the bitcoin only be used as additional income only and we also have to keep working in reality. Maybe if we work in reality and collect bitcoin we will get more than enough revenue.
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April 27, 2016, 02:37:26 AM
 #1579

Maybe if you invest big amount of money on bitcoin, that one has already a plan to get rich with bitcoin.
I didn't plan to get rich but just to get some profit out of it and earn extra to help pay some bills. This is very helpful as a side job.
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April 27, 2016, 03:28:49 AM
 #1580

Maybe if you invest big amount of money on bitcoin, that one has already a plan to get rich with bitcoin.
I didn't plan to get rich but just to get some profit out of it and earn extra to help pay some bills. This is very helpful as a side job.
too risky if you put a large sum of money in bitcoin. we do not know the future of bitcoin. but if for 1-2 years it is still very good to invest with huge money.

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