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Author Topic: What is your plan to get rich with Bitcoin?  (Read 265800 times)
JayJuanGee
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May 24, 2016, 09:20:50 AM
 #2141

My plan to get rich with bitcoin is to simply use bitcoin as a savings protocol to encourage me to save money. I usually waste my money spending on things that I don't need at all. But with bitcoin and I watch my balance grow over time and that is pretty satisfying for me.

At the same time, I can get rich with bitcoin by holding it. I believe that bitcoin still has a long way to go both as a currency and its price. I buy it as an investment and as a store of value.


How much are you able to save (invest) and how frequently, and then what is your timeline?  For example, 2 years or 5 years or 10 years?  For example, maybe you are able to invest $100 per month but as your cash flow increases you are able to invest $200, $300 per month or more, and maybe with price fluctuations, etc, you may be able to attempt to time it a little bit and then accumulate 10, 20 or 30 btc or more over the next 5 years, but then maybe BTC's by then will be worth $2,000, $5000 or $10,000 or more?   But, yeah, a good idea to invest slowly over a longer time period and to continue to attempt to accumulate as much as you can without sacrificing yourself too much.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
phreaky
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May 24, 2016, 09:33:16 AM
 #2142

I do not have a good plan to be honest because I think you also do not need a real good to get rich with the bitcoin.
I have invested a pretty high amount in the bitcoin and I think i can be come rich with it if I hold it long enough.
jamesl22
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May 24, 2016, 09:38:25 AM
 #2143

I do not have a good plan to be honest because I think you also do not need a real good to get rich with the bitcoin.
I have invested a pretty high amount in the bitcoin and I think i can be come rich with it if I hold it long enough.

Yeah if you have high amount of coins with you then you can get rich in future as price will be very much high in future so only holding for a long time can make your rich.
Shibashi Dogemoto
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May 24, 2016, 10:07:15 AM
 #2144

I do not have a good plan to be honest because I think you also do not need a real good to get rich with the bitcoin.
I have invested a pretty high amount in the bitcoin and I think i can be come rich with it if I hold it long enough.

For me, I'm planning to be rich but I'm also thinking it with the help of bitcoin, but even though I won't be that rich. As long as, I'm able to
eat daily and have something to spend for my daily living that would be enough.
God will bless me, if I'm going to be rich.

If you work hard on it then you can surely get rich in future, not only with bitcoin but also with your day job, try to earn from both and that will increase your financial wealth.
bamboylee
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May 24, 2016, 10:11:28 AM
 #2145

I try to bet 0.001 BTC on 9900X and win.
Also I try to make a big on sport bets.
I hope to win someday.

We all hope to win one day but if this really gonna happen is the question, gambling is depending on luck and if you do not have this luck its gonna be difficult.

if you always try a small bet to get something big, it's really difficult. though possible, but you will lose a lot of money.
but sports betting and make a parlay if you have a good knowledge, it is possible to get great results.

9900X will not win. It has very little odds. And if you bet small with good odds of winning, you will still not win if you do it in long term because house edge will eat you. Better go for YOLO and see your luck. One time big time. Or go for sports betting and use your knowledge in sports to get an advantage in betting. If you are good enough you can get profit. But gambling will not make you rich. It will just give you some profit/loss. 
Herbert2020
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May 24, 2016, 10:13:59 AM
 #2146

I try to bet 0.001 BTC on 9900X and win.
Also I try to make a big on sport bets.
I hope to win someday.

We all hope to win one day but if this really gonna happen is the question, gambling is depending on luck and if you do not have this luck its gonna be difficult.

if you always try a small bet to get something big, it's really difficult. though possible, but you will lose a lot of money.
but sports betting and make a parlay if you have a good knowledge, it is possible to get great results.

9900X will not win. It has very little odds. And if you bet small with good odds of winning, you will still not win if you do it in long term because house edge will eat you. Better go for YOLO and see your luck. One time big time. Or go for sports betting and use your knowledge in sports to get an advantage in betting. If you are good enough you can get profit. But gambling will not make you rich. It will just give you some profit/loss. 

you should forget about earning bitcoin through gambling all at once. it doesn't matter what strategy or multiplier you choose to play with. it is a bad strategy as long as you are thinking about making money this way.

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.
umaOuma
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May 24, 2016, 10:22:45 AM
 #2147

I try to bet 0.001 BTC on 9900X and win.
Also I try to make a big on sport bets.
I hope to win someday.

We all hope to win one day but if this really gonna happen is the question, gambling is depending on luck and if you do not have this luck its gonna be difficult.

if you always try a small bet to get something big, it's really difficult. though possible, but you will lose a lot of money.
but sports betting and make a parlay if you have a good knowledge, it is possible to get great results.

9900X will not win. It has very little odds. And if you bet small with good odds of winning, you will still not win if you do it in long term because house edge will eat you. Better go for YOLO and see your luck. One time big time. Or go for sports betting and use your knowledge in sports to get an advantage in betting. If you are good enough you can get profit. But gambling will not make you rich. It will just give you some profit/loss. 

you should forget about earning bitcoin through gambling all at once. it doesn't matter what strategy or multiplier you choose to play with. it is a bad strategy as long as you are thinking about making money this way.

For me gambling is the waste of time and money as I am sure that I am never gonna make it big, so I don't invest my money into it, and its really worst on my part if I depend only on gambling for living.
Labumi
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May 24, 2016, 10:33:20 AM
 #2148

For me gambling is the waste of time and money as I am sure that I am never gonna make it big, so I don't invest my money into it, and its really worst on my part if I depend only on gambling for living.

Me too I'm just treating gambling as a waste of time since it will just burn my money out easily. It is better to use my money
into some legit investments and trusted or even get into trading.

Yup, gambling is indeed very creepy when we make a bet by the amount that was so great. but gambling can also get pleasure if we do not do gambling only to find pleasure and do very little bets
23dzmaz
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May 24, 2016, 10:41:21 AM
 #2149

I try to bet 0.001 BTC on 9900X and win.
Also I try to make a big on sport bets.
I hope to win someday.

We all hope to win one day but if this really gonna happen is the question, gambling is depending on luck and if you do not have this luck its gonna be difficult.

if you always try a small bet to get something big, it's really difficult. though possible, but you will lose a lot of money.
but sports betting and make a parlay if you have a good knowledge, it is possible to get great results.

9900X will not win. It has very little odds. And if you bet small with good odds of winning, you will still not win if you do it in long term because house edge will eat you. Better go for YOLO and see your luck. One time big time. Or go for sports betting and use your knowledge in sports to get an advantage in betting. If you are good enough you can get profit. But gambling will not make you rich. It will just give you some profit/loss. 

you should forget about earning bitcoin through gambling all at once. it doesn't matter what strategy or multiplier you choose to play with. it is a bad strategy as long as you are thinking about making money this way.

For me gambling is the waste of time and money as I am sure that I am never gonna make it big, so I don't invest my money into it, and its really worst on my part if I depend only on gambling for living.

Yeah, I don't know why i always lose and hard to win on gambling. That's why i never gambling anymore and gambling is never be on my plan.
mark coins
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May 24, 2016, 11:09:18 AM
 #2150

For me gambling is the waste of time and money as I am sure that I am never gonna make it big, so I don't invest my money into it, and its really worst on my part if I depend only on gambling for living.

Me too I'm just treating gambling as a waste of time since it will just burn my money out easily. It is better to use my money
into some legit investments and trusted or even get into trading.

Yup, gambling is indeed very creepy when we make a bet by the amount that was so great. but gambling can also get pleasure if we do not do gambling only to find pleasure and do very little bets

Gambling will always put a pressure if you are betting a very high amount of btc you have. And if that money came from your hard work.
That is very hard to think about it when you lost your money from gambling.

People who have worked hard to earn money will value their money and will never invest it in gambling as everyone knows it takes a long time to earn and minutes to loose in gambling.
dinda22
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May 24, 2016, 11:27:24 AM
 #2151

I´m just gonna hold some bitcoins till the end of this year and wait on the halving, hope fully it will be profitable so I can become rich this year.

Even my plan is to get rich by just holding the bitcoins and some time trade the bitcoins to earn some fast money. I think holding is also one of the best things you can do due to the halving that is coming. So all we guys can hold the as much we can before halving begins!

We have to hold and try to collect as much as we can until we reach the halving, as if we hold more coins in our wallet then we can earn higher profits.

There is no guarantee that the price will increase significantly after the halving, it is still a speculation/prediction imo so we cant rely on this upcoming halving to earn profits.

yes you are right there is no guarantee for that. but if you have confidence with it, maybe it could be good. because bitcoin after halving will be reduced, it is likely the demand will increase because bitcoin is increasingly rare.
And bitcoin will increase for sure because some store here in my country planning start accepting bitcoin as payment and more demands less supply result price increase,..
if it happens in the future, it could be the one that makes the price of bitcoin increases, because all the stores already accept bitcoin as a payment.
iram66680
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May 24, 2016, 11:31:56 AM
 #2152

I know what is meant by this.
I try to win on a sports bet last night by going with a larger odds to get a payout but lost in the end as it wasn't meant to be I guess. Oh well there are other ways to make btc and you just have to learn what those methods are and move on I think.

ajun96
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May 24, 2016, 12:33:13 PM
 #2153

I try to bet 0.001 BTC on 9900X and win.
Also I try to make a big on sport bets.
I hope to win someday.

We all hope to win one day but if this really gonna happen is the question, gambling is depending on luck and if you do not have this luck its gonna be difficult.

if you always try a small bet to get something big, it's really difficult. though possible, but you will lose a lot of money.
but sports betting and make a parlay if you have a good knowledge, it is possible to get great results.
yeah it would be better if you use for sportsbetting  with odds were great mate. it might have succeeded because of my friend win with odds @1000 and get 1 btc it is a very big victory.
I do not think you can win with odds of it if playing at dice
tampazeus
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May 24, 2016, 12:35:14 PM
 #2154

I try to bet 0.001 BTC on 9900X and win.
Also I try to make a big on sport bets.
I hope to win someday.

We all hope to win one day but if this really gonna happen is the question, gambling is depending on luck and if you do not have this luck its gonna be difficult.

if you always try a small bet to get something big, it's really difficult. though possible, but you will lose a lot of money.
but sports betting and make a parlay if you have a good knowledge, it is possible to get great results.
yeah it would be better if you use for sportsbetting  with odds were great mate. it might have succeeded because of my friend win with odds @1000 and get 1 btc it is a very big victory.
I do not think you can win with odds of it if playing at dice


Yeah but you cannot expect that big victory every time, its just pure luck that he won, and if you are depending only on gambling to get rich then that will never happen.
Piltover
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May 24, 2016, 01:26:23 PM
 #2155

For me gambling is the waste of time and money as I am sure that I am never gonna make it big, so I don't invest my money into it, and its really worst on my part if I depend only on gambling for living.

Me too I'm just treating gambling as a waste of time since it will just burn my money out easily. It is better to use my money
into some legit investments and trusted or even get into trading.
It would be nice if you can see that Bitcoin can rise up and there are many people that is waiting for a higher value and that have to change also because you already can see now that it is rising.
So it would be nice if I can make some profit with Bitcoin itself and sell it later with huge profit.
dezoel
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May 24, 2016, 01:33:17 PM
 #2156

For me gambling is the waste of time and money as I am sure that I am never gonna make it big, so I don't invest my money into it, and its really worst on my part if I depend only on gambling for living.

Me too I'm just treating gambling as a waste of time since it will just burn my money out easily. It is better to use my money
into some legit investments and trusted or even get into trading.
It would be nice if you can see that Bitcoin can rise up and there are many people that is waiting for a higher value and that have to change also because you already can see now that it is rising.
So it would be nice if I can make some profit with Bitcoin itself and sell it later with huge profit.

If you really want to grow your coins till the halving occurs then you need to go for trading as it is less risky in compare to gambling and opportunity of earning profits is higher.

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vervolioman
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May 24, 2016, 01:33:38 PM
 #2157

best plan to get rich with bitcoin is HOLD your coins, bitcoin is rare and its price will skyrocket very soon when more peopl starts using it.

What use is a signature?
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May 24, 2016, 01:36:17 PM
 #2158

For me gambling is the waste of time and money as I am sure that I am never gonna make it big, so I don't invest my money into it, and its really worst on my part if I depend only on gambling for living.

Me too I'm just treating gambling as a waste of time since it will just burn my money out easily. It is better to use my money
into some legit investments and trusted or even get into trading.
It would be nice if you can see that Bitcoin can rise up and there are many people that is waiting for a higher value and that have to change also because you already can see now that it is rising.
So it would be nice if I can make some profit with Bitcoin itself and sell it later with huge profit.
yeah the same as my plan but i really looking for other source or study more to offer some services or to start my own business online to have even a passive income daily which is related in bitcoin.. It helps to me to start blogging and other activities online i tested all task and jobs online which is data entry ,PTC CPA, PPI,CPL or any adnetwork that you can earn from you visitors..

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BitcoinHodler
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May 24, 2016, 01:39:02 PM
 #2159

best plan to get rich with bitcoin is HOLD your coins, bitcoin is rare and its price will skyrocket very soon when more peopl starts using it.

also now is the best time to buy bitcoin because the price has just gone down temporarily and this trend will be reversed very soon and the opportunity to buy will be lost forever.

Holding Bitcoin More Every Day
sishendaoye
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May 24, 2016, 01:43:26 PM
 #2160

best plan to get rich with bitcoin is HOLD your coins, bitcoin is rare and its price will skyrocket very soon when more peopl starts using it.

also now is the best time to buy bitcoin because the price has just gone down temporarily and this trend will be reversed very soon and the opportunity to buy will be lost forever.

Buying them now is good indeed because the fact is that the price is okay plus the halving is also coming this year and I think people can become rich by it.
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