What is your plan to get rich with Bitcoin?

[poplolnman]

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

actually it's depends on how we recognize this "rich" words , for me $5,000 or even $900,000 are not yet deserve called as "rich" . i can call someone getting rich if they have/earn $ 1 million or higher . it's possible to us to make it happen but the chance are so low considering we are even still struggle to earn bitcoin through this forum.

[bestluck]

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.

but for a starter i will say that $5 will also be enough, as if he do not have any load of expenditures on him then he can collect that amount and after a few months he will have enough money to start a small business and after that he can expand his business as soon as he earn more better.

[sukamasoto]

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.

but for a starter i will say that $5 will also be enough, as if he do not have any load of expenditures on him then he can collect that amount and after a few months he will have enough money to start a small business and after that he can expand his business as soon as he earn more better.

I'm usually invest bitcoin for trading purpose.
If I'm made some profit, I'm expand my real life job bussiness exposure .
 It was really help me alot so I can cover my parents expense

[Cyaren]

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

actually it's depends on how we recognize this "rich" words , for me $5,000 or even $900,000 are not yet deserve called as "rich" . i can call someone getting rich if they have/earn $ 1 million or higher . it's possible to us to make it happen but the chance are so low considering we are even still struggle to earn bitcoin through this forum.

Yes, it is true that there are varying standards on the richness of one person.

But for starters, wealth should not be measured in terms of fiat currency. Fiat currency experiences volatile inflation and deflation(mostly inflation), and is hardly a good store of value. If you hold bitcoin for a few years, I'm pretty sure that you'll get more in terms of fiat.

[bamboylee]

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.

Your opinion have the point, but don't remove the possibility of getting rich with bitcoin. But the people who doesn't have big capital for bitcoin will have trouble in getting rich with it.

It is hard to get rich in bitcoin without large capital but it is also the same in fiat. It is hard to get rich in fiat without a large initial capital but many are still getting rich, rags-to-riches. It is the same with bitcoin. It is still possible to get rich using bitcoin. The question is finding the right method to do it.

[eddyubachs]

I think to get rich you need to invest in multiple products as only good investment can make you rich, if you prefer to save your money it will never make you rich, risks must be taken.

[redsun114]

I am gonna make my own project that linked with gambling sphere, i don't really know how to realise it but i am learning about it. Also i am working with miners.

I think being a gambling site owner or cooperate with the gambling site would be a great thing and profitable. because you know that gambling sites will always win if the opposing players. and you profit from it

Yes, doing any kind of business with bitcoin would definitely make you reach as you how many chances to accumulate more number of bitcoins. If you have any services based on bitcoins payment, then the waiting to become rich would be very less.

Well said. Becoming rich with bitcoin is highly possible when you have more number of bitcoins. But I strongly believe in higher price of bitcoins, so the waiting time will reduce when you have more number of bitcoins.

[boyptc]

I think to get rich you need to invest in multiple products as only good investment can make you rich, if you prefer to save your money it will never make you rich, risks must be taken.

Why invest to many products I think that is very time consuming and you are not able to manage them all, better focus only to one if you can't.
But it is good if you can manage them all. And it could help you earning with bitcoins convert it to fiat and you fiat money invest it also to
other investments that would really help your investment.

[bamboylee]

I think to get rich you need to invest in multiple products as only good investment can make you rich, if you prefer to save your money it will never make you rich, risks must be taken.

Why invest to many products I think that is very time consuming and you are not able to manage them all, better focus only to one if you can't.
But it is good if you can manage them all. And it could help you earning with bitcoins convert it to fiat and you fiat money invest it also to
other investments that would really help your investment.

If you invest on multiple investments, you are diversifying. You minimize your risks if you do that. If one investment fails, the other investments can cover for the lost money of the failed investment. It is better than just putting all your money on a single investment. If that investment fails, you have no other source of income to recover the lost money.

[Shibashi Dogemoto]

I think to get rich you need to invest in multiple products as only good investment can make you rich, if you prefer to save your money it will never make you rich, risks must be taken.

Why invest to many products I think that is very time consuming and you are not able to manage them all, better focus only to one if you can't.
But it is good if you can manage them all. And it could help you earning with bitcoins convert it to fiat and you fiat money invest it also to
other investments that would really help your investment.

If you invest on multiple investments, you are diversifying. You minimize your risks if you do that. If one investment fails, the other investments can cover for the lost money of the failed investment. It is better than just putting all your money on a single investment. If that investment fails, you have no other source of income to recover the lost money.

Diversification is always good as it minimizes your risks and if all products performs well in future then its a win win situation for all of us.

[bitlancr]

I think to get rich you need to invest in multiple products as only good investment can make you rich, if you prefer to save your money it will never make you rich, risks must be taken.

Why invest to many products I think that is very time consuming and you are not able to manage them all, better focus only to one if you can't.
But it is good if you can manage them all. And it could help you earning with bitcoins convert it to fiat and you fiat money invest it also to
other investments that would really help your investment.

If you invest on multiple investments, you are diversifying. You minimize your risks if you do that. If one investment fails, the other investments can cover for the lost money of the failed investment. It is better than just putting all your money on a single investment. If that investment fails, you have no other source of income to recover the lost money.

Indeed investing in multiple things, as a example if you invest in the gold and bitcoin and the bitcoin collapse you still can make a little bit of profit with the gold.

[jamesl22]

I think to get rich you need to invest in multiple products as only good investment can make you rich, if you prefer to save your money it will never make you rich, risks must be taken.

Why invest to many products I think that is very time consuming and you are not able to manage them all, better focus only to one if you can't.
But it is good if you can manage them all. And it could help you earning with bitcoins convert it to fiat and you fiat money invest it also to
other investments that would really help your investment.

If you invest on multiple investments, you are diversifying. You minimize your risks if you do that. If one investment fails, the other investments can cover for the lost money of the failed investment. It is better than just putting all your money on a single investment. If that investment fails, you have no other source of income to recover the lost money.

Indeed investing in multiple things, as a example if you invest in the gold and bitcoin and the bitcoin collapse you still can make a little bit of profit with the gold.

Gold guarantees us the profits in long run, the only thing is you need to hold it for really long time and you also need to have patience to earn profits from gold.

[AsaroUk]

I think to get rich you need to invest in multiple products as only good investment can make you rich, if you prefer to save your money it will never make you rich, risks must be taken.

Why invest to many products I think that is very time consuming and you are not able to manage them all, better focus only to one if you can't.
But it is good if you can manage them all. And it could help you earning with bitcoins convert it to fiat and you fiat money invest it also to
other investments that would really help your investment.

If you invest on multiple investments, you are diversifying. You minimize your risks if you do that. If one investment fails, the other investments can cover for the lost money of the failed investment. It is better than just putting all your money on a single investment. If that investment fails, you have no other source of income to recover the lost money.

Indeed investing in multiple things, as a example if you invest in the gold and bitcoin and the bitcoin collapse you still can make a little bit of profit with the gold.

Gold guarantees us the profits in long run, the only thing is you need to hold it for really long time and you also need to have patience to earn profits from gold.

I hope only that the value of Bitcoin is going to rise up more and that would be perfect but the bad thing is that you dont know even what is going to happen with Bitcoin.
But the price was already stable for a long time and that is bad so the time must now to rise so we can earn profit.

[rekinthis]

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. 

my plan to get rich with bitcoins is pretty simple i think, i just will buy as much as i can now and will keep them for month ( for halving) or for year or even more than 1 year

people did this back in 2012-2013 and they are very rich now, i am sure that price of bitcoin will rise in future too so i will be rich in near future too, or maybe i will be rich after halving

[Altynbekova]

I now just invested in the bitcoin and I'm waiting to cash out and maybe I can become rich if the bitcoin will reach a high amount.

[beerlover]

I am gonna make my own project that linked with gambling sphere, i don't really know how to realise it but i am learning about it. Also i am working with miners.

I think being a gambling site owner or cooperate with the gambling site would be a great thing and profitable. because you know that gambling sites will always win if the opposing players. and you profit from it

Yes, doing any kind of business with bitcoin would definitely make you reach as you how many chances to accumulate more number of bitcoins. If you have any services based on bitcoins payment, then the waiting to become rich would be very less.

By offering service or joining any business based on bitcoins payments, and the rising value of bitcoin will help anyone to become richer in quicker time. Trading bitcoin would be one of them to get more number of bitcoins in quick time to become quicker rich.

[Cuidler]

my plan to get rich with bitcoins is pretty simple i think, i just will buy as much as i can now and will keep them for month ( for halving) or for year or even more than 1 year

people did this back in 2012-2013 and they are very rich now, i am sure that price of bitcoin will rise in future too so i will be rich in near future too, or maybe i will be rich after halving

Im not sure everybody can get rich as it depends on the number of Bitcoins you have. But everybody can get good return on investment, and if not this halving then next. But then, most people dont have the patience or need spend the saved Bitcoins earlier...

[Vikingr]

I think to get rich you need to invest in multiple products as only good investment can make you rich, if you prefer to save your money it will never make you rich, risks must be taken.

Why invest to many products I think that is very time consuming and you are not able to manage them all, better focus only to one if you can't.
But it is good if you can manage them all. And it could help you earning with bitcoins convert it to fiat and you fiat money invest it also to
other investments that would really help your investment.

If you invest on multiple investments, you are diversifying. You minimize your risks if you do that. If one investment fails, the other investments can cover for the lost money of the failed investment. It is better than just putting all your money on a single investment. If that investment fails, you have no other source of income to recover the lost money.

and with investing in multiple areas I will also suggest that keep some amount of your money with you as whenever you feel that a particular business is in a risk then you can refinance that business and can give it a support to stand again, and continue to make some income for you.

[crairezx20]

my plan to get rich with bitcoins is pretty simple i think, i just will buy as much as i can now and will keep them for month ( for halving) or for year or even more than 1 year

people did this back in 2012-2013 and they are very rich now, i am sure that price of bitcoin will rise in future too so i will be rich in near future too, or maybe i will be rich after halving

Im not sure everybody can get rich as it depends on the number of Bitcoins you have. But everybody can get good return on investment, and if not this halving then next. But then, most people dont have the patience or need spend the saved Bitcoins earlier...

Yeah if they have no patience maybe instead of they will be rich with bitcoin they will regret because they spend their bitcoin..
it need patience the movement of the price is not so fast just like other altcoin..

[dhimasnk]

continue to invest in bitcoin. I guess with only that I would be rich