What is your plan to get rich with Bitcoin?

[OrangeSeller]

My plan to get rich with bitcoin is simple... study a new idea that could use btc and improve a concept... simply and efficacy but only a matter of time

your plan is good. but it needs so much hard work and planing to do this. you must have to be straight on your plan and don't loose hope ever, one day you'll become rich.
one more thing you need lots of money also to work on your Idea. without money there is nothing can be possible.
So, Good luck.

[boyptc]

Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.

it's a good earning for sidejobs or freelance jobs, anyway how long you can reach $5 everyday..? are you online 2-3 hours each day ?

It's possible to get more money if he will change his work to something more professional, something what require skills. Still online but more money it's bettert,isn't it?

im not have any skill for freelance job except solve captcha , i think the most internet jobs for freelance is writer, progamer (web design) and designer (potoshop, logo etc) , but not sure the job is avaible everyday.

Captcha needs also a skill, you must be a fast typer or a good encoder. And yet, if you want to be a skilled freelancer you must study by yourself or go enroll some courses that are offering training in programming, designing and other IT works.
So that, you have a lot of service that you can sell as a freelancer.

[Doms]

People have different standards when it comes to being rich, which also depends on where you are from. In most third world countries, if your monthly salary is equivalent to about 2 bitcoins, you can be considered someone who belong in the upper middle class, but that's far from being rich. Rich people earn while they sleep, while they are on vacation and while they are doing other things not related to their actual jobs through passive income. If anybody is able to accomplish something close to that in BTC, I'd be happy to know how they did it.

[wildan88]

My plan to get rich with bitcoin is simple... study a new idea that could use btc and improve a concept... simply and efficacy but only a matter of time

your plan is good. but it needs so much hard work and planing to do this. you must have to be straight on your plan and don't loose hope ever, one day you'll become rich.
one more thing you need lots of money also to work on your Idea. without money there is nothing can be possible.
So, Good luck.

yes it is a good idea to learn a new idea or a new concept in bitcoin. you might be able to get more out of it, rather than just looking for bitcoin and collecting.

[mandica]

I will buy and hold most bitcoin. I think the bitcoin price will rise around 50% a year for the next 20 years.

[BitHodler]

I will buy and hold most bitcoin. I think the bitcoin price will rise around 50% a year for the next 20 years.

You can't simply assume the price of Bitcoin will go up continuously as we'll also have some years where the price will be in decline.

That's how the market keeps itself healthy and allows traders to cash out en reenter the market at lower prices.

[Catink]

I'm planning to accumulate as many bitcoins as I can. And hold my bitcoins for 5 years. I believe within 5 years time, bitcoin price will increase up to 100 times.

[naidray]

I save some bitcoin in the online wallet.

Very much common plan.
Why you are choosing online wallet when you have many options of standalone (desktop) wallets.

I'll wait around a few years. and then I sell them at very high prices. I hope my prediction was right and I became a wealthy man because bitcoin.

So, it can be short-term or long-term waiting based on the bitcoins prices. I guess you will wait till you become rich. This must be a good plan.

But I believe this type of common plan are more practical than any other imaginary ones.
We must hold whatever bitcoins we are able to earn. Because, we may expect any higher price at any time waiting. So, based upon the amount of bitcoins, the waiting time will differ person to person.

[bamboylee]

I just plan to stock up on bitcoins every time the price gets low enough. I will probably stay with bitcoin for a long time as it shows great promise in the coming years.

That is right. Just continuously buy bitcoin. When the price starts to go really high, you will have enough profit to start your own business. The trick is to consistently buy bitcoins whenever the price dips. The more bitcoins you accumulate the better off you will be.

[salmanahmedone]

Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.

it's a good earning for sidejobs or freelance jobs, anyway how long you can reach $5 everyday..? are you online 2-3 hours each day ?

Well i just want a proper income like $30 worth of bitcoin per day; i know it isn't much really but living alone it really means a lot for me. It pays out a lot of my debts and i still end up with extra cash to spend for myself.

[goinmerry]

Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.

I think you need a job and a steady income to become rich. I do not think the work in the freelance will give a fixed income?
so look for a job that generates a large bitcoin and if necessary you can use a lot of work to increase income

5 dollars a day? That is like just for allowance of your kid. Get more than that. Minimum should be 15-20 dollars a day before you can call it a good day. Just my opinion.

[dezoel]

Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.

I think you need a job and a steady income to become rich. I do not think the work in the freelance will give a fixed income?
so look for a job that generates a large bitcoin and if necessary you can use a lot of work to increase income

5 dollars a day? That is like just for allowance of your kid. Get more than that. Minimum should be 15-20 dollars a day before you can call it a good day. Just my opinion.

Actually you are right if you are earning at least 20$ per day then it can be a good money to earn on regular basis and then over a  period of time you should try to multiply it.

[bamboylee]

Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.

I think you need a job and a steady income to become rich. I do not think the work in the freelance will give a fixed income?
so look for a job that generates a large bitcoin and if necessary you can use a lot of work to increase income

5 dollars a day? That is like just for allowance of your kid. Get more than that. Minimum should be 15-20 dollars a day before you can call it a good day. Just my opinion.

5$ is a good passive income. You cannot always get 5$ doing nothing. But if you want to live decently with just 5$ dollar income, it will be hard even on a third world country. You have to make it grow more or add some active income into it. In our country 20$ a day is already more than enough.

[MTBTT]

I'm planning to accumulate as many bitcoins as I can. And hold my bitcoins for 5 years. I believe within 5 years time, bitcoin price will increase up to 100 times.

are you kidding me? 5 years will not change the price of bitcoin 100-fold lol
you can see the price five years ago, namely in 2011 for the 5-year price increase but not 100 times dude

[JayJuanGee]

I'm planning to accumulate as many bitcoins as I can. And hold my bitcoins for 5 years. I believe within 5 years time, bitcoin price will increase up to 100 times.

are you kidding me? 5 years will not change the price of bitcoin 100-fold lol
you can see the price five years ago, namely in 2011 for the 5-year price increase but not 100 times dude

You could be correct that 100x is too much for 5 years, but such price speculation is not impossible.

You also seem to have gotten your facts a little bit incorrect regarding whether this has happened previously in bitcoin.

In much of 2009 and early 2010, bitcoin was virtually free, but starting in mid 2010, it was traded for around $.05

January 2011  - $.30

June 2011 -  $30

January 2012  - $5

January 2013  - $14

November 2013   - $1,200


Also, if you look at a more meaningful measure, market cap, it is possible to go 1,000x in 5 years, and that would put bitcoin at about the same market cap as Gold....   I'm not saying that it is likely, but it is within the realms of possibilities, and should be considered if you are buying into bitcoin and considering at what stages to sell, if at all.  


Actually, if you look back at 2011, it depends from which part of the year you measure.  If you start from January 2011, then you have a 100x increase in 6 months, but then at today's price you have a 1500x increase, but if you start from the $30 price point, where BTC prices had already gone 100x in that same year (half year), then you only have 15x increase from $30 towards BTC's price today.

[The Arcitect]

I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.

[DeDordtenaar]

I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.

is it you have not seen someone has been rich by bitcoin? so you not believe that you can rich by bitcoin, in fact you can become rich by any means dude it depends on the way you get that wealth. bitcoin has provided a variety of ways for me. if you know I've got more than $ 5,000 just from bitcoin

[chaser15]

I'm planning to accumulate as many bitcoins as I can. And hold my bitcoins for 5 years. I believe within 5 years time, bitcoin price will increase up to 100 times.

are you kidding me? 5 years will not change the price of bitcoin 100-fold lol
you can see the price five years ago, namely in 2011 for the 5-year price increase but not 100 times dude

~snipped~

Awesome calculations and analyzations there mate.

Let's look at the brighter side. In 5 years those realistic can happen but at the same time chances of some unrealistic speculation can happen too but not as much to the point that we can called it as ridiculous. Please remember the price fluctuation in bitcoin is different so we can expect some nice margin of price move in 5 years.

[Imoote]

I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.

is it you have not seen someone has been rich by bitcoin? so you not believe that you can rich by bitcoin, in fact you can become rich by any means dude it depends on the way you get that wealth. bitcoin has provided a variety of ways for me. if you know I've got more than $ 5,000 just from bitcoin

Yes true I'm sure people like the owner of a signature campaign was among those rich in bitcoin because they can make it that way and I'm sure they have a lot of bitcoin to reward members. If we are diligent and willing to try a lot of ways to get bitcoin I'm sure will be rich and have a lot of bitcoin.

[wildan88]

I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.

is it you have not seen someone has been rich by bitcoin? so you not believe that you can rich by bitcoin, in fact you can become rich by any means dude it depends on the way you get that wealth. bitcoin has provided a variety of ways for me. if you know I've got more than $ 5,000 just from bitcoin

Yes true I'm sure people like the owner of a signature campaign was among those rich in bitcoin because they can make it that way and I'm sure they have a lot of bitcoin to reward members. If we are diligent and willing to try a lot of ways to get bitcoin I'm sure will be rich and have a lot of bitcoin.

you do not need to try a lot of ways, you have to see way that could produce more, then you learn about it, so you do not waste time to try a lot of ways, the results are not necessarily a lot.