18xk5oT2rLrAc24SL96XT14BX
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May 06, 2016, 05:42:17 PM |
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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.  Everyone has his goal to have lots of btc but it depends how much we can afford to buy. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Vaskiy
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Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
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May 06, 2016, 06:07:01 PM |
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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. Everyone has his goal to have lots of btc but it depends how much we can afford to buy. Having targets is good so that we can earn more and these gearoals can be achieved by hard work. |
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Crazygreek
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May 06, 2016, 11:47:47 PM |
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Getting rich is not a simple matter. It needs time as well hard work, only then can achieve the targeted earning which helps to become rich.
It's just a words,on practice you not only need work hard, also you need to make a right decision and even "kill" your mates careears. It's never will be for free. |
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Hellacopter
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May 07, 2016, 12:07:07 AM |
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If the Bitcoin's price increase highly after the next halving, that's could being real opportunity for Bitcoin's holders to get rich if they tried to spend good budget and buy nice amount of Bitcoins and hold it
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killer5
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May 07, 2016, 04:30:17 AM |
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I would keep earning as much of bitcoins as i can and wait for the right time to exchange to fiat currency as the price hits and also i would keep some bitcoins for trading and also gambling is giving most importance to bitcoin and as i love gambling i would put some of the bitcoin for gambling and would make it double profit.
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Imoote
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May 07, 2016, 04:54:49 AM |
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If the Bitcoin's price increase highly after the next halving, that's could being real opportunity for Bitcoin's holders to get rich if they tried to spend good budget and buy nice amount of Bitcoins and hold it
Yes true if it happens we can benefit and we can get more bitcoin. But it needs to be the right time so we have to anticipate correctly. |
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Oralmat
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May 07, 2016, 05:18:37 AM |
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You dont need any special Plan to get rich with bitcoin. As simple plan can be to just save the Bitcoins and the value of bitcoins will grow automatically and hence you will become rich only by saving.
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Indrawan77
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May 07, 2016, 05:23:51 AM |
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I would keep earning as much of bitcoins as i can and wait for the right time to exchange to fiat currency as the price hits and also i would keep some bitcoins for trading and also gambling is giving most importance to bitcoin and as i love gambling i would put some of the bitcoin for gambling and would make it double profit.
That is exactly the same thing i would do to get rich, in this halving i hope that i can get a lot of profit and i will try to avoid gambling |
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qiwoman2
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Activity: 2114
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Oikos.cash | Decentralized Finance on Tron
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May 07, 2016, 06:07:19 AM |
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Well, I don't know about getting rich but I do believe if I am disciplined and lucky enough I may be able to grow a nest egg over time to help for my pension and for my Son to have something for his future. I plan on joining many good alt coin ICOS and just trying to double my bitcoin as I go along. So far I have around 70 dollars worth invested in some projects, so once I can double this I will keep doing it until I reach a good amount to retire on. May take me a while though as I am a small fish in the big Ocean of whales.
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pooya87
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May 07, 2016, 06:17:30 AM |
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You dont need any special Plan to get rich with bitcoin. As simple plan can be to just save the Bitcoins and the value of bitcoins will grow automatically and hence you will become rich only by saving.
you will never get rich with just holding bitcoin, unless you have already invested millions of dollars in bitcoin and with the rise you get a big profit to get "richer" but if you are holding a couple of bitcoins then you are just dreaming of getting rich. |
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crossabdd
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Activity: 1316
Merit: 1145
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May 07, 2016, 09:33:46 AM |
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It would be perfect if it is possible to be rich with Bitcoin because it takes a lot of time to wait for a higher value and people are also taking some risks with it.
Of course you never know what is going to happen from before what will happen with the future and that is the problem.
Till bitcoin exists I will use it I don't know what will be the price of bitcoin in future and whether it will survive or not so no plan to get rich with it. You must believe that bitcoin could live forever or at least survived for some decades, so you have a plan to get rich with bitcoin. that is two totally different mind sets here. i think he is trying to say that no matter what the bitcoin price is, i will continue using it as like a currency. and i think that is the correct way of dealing with bitcoin, it is meant to be a currency afterall. but if you are an investment, you also have to think about the future of bitcoin, whether bitcoin had a good life. but if you just think as a currency and only for the benefit, well .. no matter what happens in bitcoin. just keep to collect profits every day. |
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dippididodaday
Sr. Member
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It's personal
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May 07, 2016, 11:59:36 PM
Last edit: May 09, 2016, 05:40:54 PM by dippididodaday |
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Well, I don't know about getting rich but I do believe if I am disciplined and lucky enough I may be able to grow a nest egg over time to help for my pension and for my Son to have something for his future. I plan on joining many good alt coin ICOS and just trying to double my bitcoin as I go along. So far I have around 70 dollars worth invested in some projects, so once I can double this I will keep doing it until I reach a good amount to retire on. May take me a while though as I am a small fish in the big Ocean of whales.
Yes... I like your plan. Build your OWN pension, the gov's (read 'law' people) around the world have totally waisted all your hard earned money. Take control of your own life! Small fish like us have a place in the ocean too  |
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knowhow
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May 08, 2016, 12:20:59 AM |
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Does anyone keep dreaming to be rich with bitcoin?That period already happen now you can have a great income montly around 5-50 btc montly that would allow you to have a good life but being rich nowadays from bitcoin is hard to believe its possible.Even with some good projects the competition is getting harder and harder day by day,soo there is the opportunity to get great income but become rich on the short or medium isnt not possible without a huge investment.
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JPred
Sr. Member
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Activity: 392
Merit: 250
my magic is growing strong[er]
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May 08, 2016, 12:44:21 AM |
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It's just a words,on practice you not only need work hard, also you need to make a right decision and even "kill" your mates careears. It's never will be for free.
da fight is on then. may da best fightas, and not cheatin wit it, win da day. |
FREEDOM
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Ryananda
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May 08, 2016, 03:22:33 AM |
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Does anyone keep dreaming to be rich with bitcoin?That period already happen now you can have a great income montly around 5-50 btc montly that would allow you to have a good life but being rich nowadays from bitcoin is hard to believe its possible.Even with some good projects the competition is getting harder and harder day by day,soo there is the opportunity to get great income but become rich on the short or medium isnt not possible without a huge investment.
Yes to be rich in bitcoin actually as difficult as being rich in reality. We must strive so that we can get a lot of bitcoin. In bitcoin there are many methods and we can get bitcoin in large numbers. To be rich indeed as you say, we need investment so that we can benefit long term. |
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hawkins
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May 08, 2016, 03:52:02 AM |
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Does anyone keep dreaming to be rich with bitcoin?That period already happen now you can have a great income montly around 5-50 btc montly that would allow you to have a good life but being rich nowadays from bitcoin is hard to believe its possible.Even with some good projects the competition is getting harder and harder day by day,soo there is the opportunity to get great income but become rich on the short or medium isnt not possible without a huge investment.
Yes to be rich in bitcoin actually as difficult as being rich in reality. We must strive so that we can get a lot of bitcoin. In bitcoin there are many methods and we can get bitcoin in large numbers. To be rich indeed as you say, we need investment so that we can benefit long term. true, it is very difficult to become a rich man. it's because you have to fight harder than others. investment and trade might not be enough, you have to build your own business in the real world, maybe like clothes and food stores, I've seen some success because people do business like that, and basically never give up |
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Herbert2020
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Activity: 1946
Merit: 1137
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May 08, 2016, 05:26:05 AM |
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Does anyone keep dreaming to be rich with bitcoin?That period already happen now you can have a great income montly around 5-50 btc montly that would allow you to have a good life but being rich nowadays from bitcoin is hard to believe its possible.Even with some good projects the competition is getting harder and harder day by day,soo there is the opportunity to get great income but become rich on the short or medium isnt not possible without a huge investment.
Yes to be rich in bitcoin actually as difficult as being rich in reality. We must strive so that we can get a lot of bitcoin. In bitcoin there are many methods and we can get bitcoin in large numbers. To be rich indeed as you say, we need investment so that we can benefit long term. true, it is very difficult to become a rich man. it's because you have to fight harder than others. investment and trade might not be enough, you have to build your own business in the real world, maybe like clothes and food stores, I've seen some success because people do business like that, and basically never give up you need to work hard but that is not enough to get rich. you have to be experienced and wise too. otherwise you will just waste your time. and also building your own business doesn't mean getting rich you have to be a little lucky too so you can have a good profitable business, |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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Alibatant
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May 08, 2016, 07:25:17 AM |
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I will continue mine the bitcoin and use some in the process. So I will earn some and help the bitcoin community.
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ronaldo40
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Activity: 1554
Merit: 1014
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May 08, 2016, 07:58:30 AM |
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Does anyone keep dreaming to be rich with bitcoin?That period already happen now you can have a great income montly around 5-50 btc montly that would allow you to have a good life but being rich nowadays from bitcoin is hard to believe its possible.Even with some good projects the competition is getting harder and harder day by day,soo there is the opportunity to get great income but become rich on the short or medium isnt not possible without a huge investment.
Yes to be rich in bitcoin actually as difficult as being rich in reality. We must strive so that we can get a lot of bitcoin. In bitcoin there are many methods and we can get bitcoin in large numbers. To be rich indeed as you say, we need investment so that we can benefit long term. true, it is very difficult to become a rich man. it's because you have to fight harder than others. investment and trade might not be enough, you have to build your own business in the real world, maybe like clothes and food stores, I've seen some success because people do business like that, and basically never give up you need to work hard but that is not enough to get rich. you have to be experienced and wise too. otherwise you will just waste your time. and also building your own business doesn't mean getting rich you have to be a little lucky too so you can have a good profitable business, besides working hard, we also have to be disciplined, because of my own when working with bitcoin too relaxed, so it's time to laze always there. and you have to apply a discipline like working at the office. time is the most valuable, because time is money |
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