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Author Topic: What is your plan to get rich with Bitcoin?  (Read 265795 times)
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June 15, 2016, 04:22:58 PM
 #2501

I already gave up on my dream of making millions out of BTC.
Because you cannot earn a lot without risking something first.

Exactly said most users have the same dream of earning more and more, but none have the courage to risk hard earned bitcoin as well money from day job.

We do it even in our real life. We are afraid to lose money because we are not sure if it will really grow from an investment and it is very hard to earn it. Investing a big amount will cost us a month of work or even longer based in our salary.We are not sure if we can get just the return of investment(ROI) of it.
Just holding a plan to make myself Rich.
For that I have to keep on saving my bitcoin to the long time span till i get it worth for rich. I think investing would give me more earnings. Currently I have very less amount of BTC.

You can make efforts to collect bitcoin as still you have enough time, don't think only of halving, think of long term investment if you want to make really good profits from it.
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June 15, 2016, 05:11:55 PM
 #2502

My only plan is holding all my bitcoins until the halving, because i predict the price of bitcoin will increase so high and when the times come, i will sell al my bitcoins.

Well at what price you'll be selling your coins? i'll be selling a few at $850-$900 and rest i'll be holding for new ath.(if it happens  Grin)
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June 15, 2016, 05:20:33 PM
 #2503

My only plan is holding all my bitcoins until the halving, because i predict the price of bitcoin will increase so high and when the times come, i will sell al my bitcoins.

Well at what price you'll be selling your coins? i'll be selling a few at $850-$900 and rest i'll be holding for new ath.(if it happens  Grin)

Its good  to sell coins at price of $900 but if you can afford to wait till halving then it can be more profitable as it is predicted that price will reach to $1k at the halving.
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June 15, 2016, 05:59:06 PM
Last edit: June 15, 2016, 06:32:28 PM by rickadone
 #2504

Hard work pays for everything one day for sure Smiley Talking about myself I will be collecting up bitcoins as much as possible up to 5 years as I am a student now and i do not need to expense my money more so after 5 years I will sell them all, with real cash and start my own small business Cheesy

this is the best way of making money.
i have started the same way. i earned some small money from doing small jobs and then used that money to make more money then i did the same with bitcoin, earned some satoshi from faucets and signature campaign as a newbie and invested those i different businesses until i found the best thing for myself.
Glad you have found out the best thing for yourself. As for me, I'm still in the process of finding because so far, I've only been doing small jobs and signature campaigns and a little bit of trading to get myself bitcoins.
I don't actually have some special skills and in no way experienced in running a business but I'm willing to learn.
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June 15, 2016, 06:32:43 PM
 #2505

I don't have a plan to get rich with bitcoin.I love bitcoin and use every day:for trading,gambling and buy things online.
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June 15, 2016, 07:00:47 PM
 #2506

BTW, LTC s always been completely useless coin. No major consumer acceptance, no special traits, nothing. Just a second in a row. Not to mention nobody mines scrypt anymore. Lots of big guys mine BTC and in order for them to continue doing so, the price ll go up. If the price does not go up, there will be no mining anymore which means no supply of BTC. Which again causes the price to go up.
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June 15, 2016, 11:27:28 PM
 #2507

I'd say buying and holding BTC until it substitutes entirely any stupid fiat currency, but I risk to become too old because people is so stupid to deserve a stupid fiat currency
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June 16, 2016, 12:13:35 AM
 #2508



That is one of the way of getting rich, if you are going to buy and hold a lot of bitcoin and just wait for a price increase and sell it. Then for sure you are going to rich, but you need also big capital for it, I think now it is still not late to buy more bitcoin. Because it will going to increase.
[/quote]

No, there's a small misunderstanding  Grin
The idea is to never sell BTCs accumulated because there will never be the need to do it; this because they could be already become the only worldwide common money. Just to spend it and enjoy it, with the relative power of purchase they should have reach in this scenario. There's no need to own many BTCs in this kind of scenario to be extremely rich: 0.0001 could be the price of a villa with swimming pool, instead of a commission of a transaction, if billions of ppl decide to swap from fiat to BTCs. But the most of ppl is stupid, ignorant and disinformed, then deserving the slavery of fiat currency.
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June 16, 2016, 12:15:15 AM
 #2509

My plan is to earn as much as possible until a big price increase. When this will happen, I will invest it in profitable bussinesses. I can also wait a (really) long time to see a huge price increase.


Yeah, thats right, right now wee need to have more bitcoins to have more income when it increases in value. Since bitcoin value now is skyrocketing theres no stopping it and I do expect in the future it will reach 10k $.

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June 16, 2016, 12:59:21 AM
 #2510

I'd say buying and holding BTC until it substitutes entirely any stupid fiat currency, but I risk to become too old because people is so stupid to deserve a stupid fiat currency

That is one of the way of getting rich, if you are going to buy and hold a lot of bitcoin and just wait for a price increase and sell it. Then for sure you are going to rich, but you need also big capital for it, I think now it is still not late to buy more bitcoin. Because it will going to increase.
Yes this time is not too late but if you buy now its not good to hold for a long time it should be sell it after the halving you do not earn big profit if you buy bitcoin now and hold it for a long time.
Getting rich is up to you, if you are a lazy man you always want is to wait i think you can not getting rich, you need to stretch your bones find a job or start a business do not depend your life in bitcoin.
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June 16, 2016, 01:01:02 AM
 #2511

My plan is to earn as much as possible until a big price increase. When this will happen, I will invest it in profitable bussinesses. I can also wait a (really) long time to see a huge price increase.


Yeah, thats right, right now wee need to have more bitcoins to have more income when it increases in value. Since bitcoin value now is skyrocketing theres no stopping it and I do expect in the future it will reach 10k $.

That's right, if you want to become rich and want to get together with the price increase then you must have a lot of bitcoins today and hope for a
higher price increase.

That's true and you still have long time to collect bitcoins for future so if you want to make your future life secure then you should start making efforts to collect bitcoin as maximum as possible.

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June 16, 2016, 04:34:25 AM
 #2512

I dont have plans to get rich, Im just planning to just earn 2$ per day, In the future , I will plan to how to get rich when i graduated into collage, Now im studying and i cant get rich when i used bitcoin daily
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June 16, 2016, 04:57:31 AM
 #2513

I don't have a plan to get rich with bitcoin.I love bitcoin and use every day:for trading,gambling and buy things online.
you have a bad motivation, doesn't have to be rich with bitcoin. I honestly didn't think that bitcoin can make people become rich because maybe we are already too late to know bitcoin and may be opportunity was still there but it must have sufficient capital and will be realized in a long time.

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June 16, 2016, 05:02:26 AM
 #2514

I'm buying in weekly at small amounts for the long haul. Its an investment.

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June 16, 2016, 06:38:31 AM
 #2515

Hard work pays for everything one day for sure Smiley Talking about myself I will be collecting up bitcoins as much as possible up to 5 years as I am a student now and i do not need to expense my money more so after 5 years I will sell them all, with real cash and start my own small business Cheesy

this is the best way of making money.
i have started the same way. i earned some small money from doing small jobs and then used that money to make more money then i did the same with bitcoin, earned some satoshi from faucets and signature campaign as a newbie and invested those i different businesses until i found the best thing for myself.
Glad you have found out the best thing for yourself. As for me, I'm still in the process of finding because so far, I've only been doing small jobs and signature campaigns and a little bit of trading to get myself bitcoins.
I don't actually have some special skills and in no way experienced in running a business but I'm willing to learn.

just don't rush yourself and try not to be greedy when you are trading. for example you should take the 30% profit over 100% profit if you are not sure or comfortable with waiting and seeing if the price goes higher or not.
for instance i bought an altcoin at ~2800 satoshi and sold it for 7200 although it went up to ~9000 and i am happy about the quick profit that i've got

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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June 16, 2016, 07:31:40 AM
 #2516

You can only get rich with bitcoins if you are a miners. but it requires large investment and risk in order to be profitable. considering the cost of electricity and the efficiency of miners
Not only miners anyone can become rich with bitcoins. My plan to get rich in btc or with btc is that I will work as hard as I can, at the same time the coins earned will be kept in a wallet for future price increase and sell them at that time, so I get more value of my hard work.
I course I want to get rich with the Bitcoin but the question is if it is possible and if it is also gong to happen. It is all going to depend on the price and on how many Bitcoins I have.
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June 16, 2016, 07:39:06 AM
 #2517

You can only get rich with bitcoins if you are a miners. but it requires large investment and risk in order to be profitable. considering the cost of electricity and the efficiency of miners
Not only miners anyone can become rich with bitcoins. My plan to get rich in btc or with btc is that I will work as hard as I can, at the same time the coins earned will be kept in a wallet for future price increase and sell them at that time, so I get more value of my hard work.
I course I want to get rich with the Bitcoin but the question is if it is possible and if it is also gong to happen. It is all going to depend on the price and on how many Bitcoins I have.

so far anybody have invested in bitcoin a while back is having a very good time because of the big amount of profit we are gaining from the rise. and mostly if you have invested back when everybody was asleep and ignoring this huge opportunity then you are over three times in profit which is still rising.

Only Bitcoin
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June 16, 2016, 11:41:39 AM
 #2518

I'd say buying and holding BTC until it substitutes entirely any stupid fiat currency, but I risk to become too old because people is so stupid to deserve a stupid fiat currency

That is one of the way of getting rich, if you are going to buy and hold a lot of bitcoin and just wait for a price increase and sell it. Then for sure you are going to rich, but you need also big capital for it, I think now it is still not late to buy more bitcoin. Because it will going to increase.
Yes this time is not too late but if you buy now its not good to hold for a long time it should be sell it after the halving you do not earn big profit if you buy bitcoin now and hold it for a long time.
Getting rich is up to you, if you are a lazy man you always want is to wait i think you can not getting rich, you need to stretch your bones find a job or start a business do not depend your life in bitcoin.
another misunderstanding...no sales from here! I will keep BTC until death and spend them only when and what and if i need! Smiley
it doesn't matter if I'm lazy or not, it matters which is BTC market cap: at the moment, it is ridicolously small and consequently, very volatile and unreliable
But I can make you understand better with an example that could similar represent it: mobile phones
step 1 mobile phones=huge, expensive, no SMS, no internet, no markets, no merchants, just few customers
step 1 BTC=buggy, nerd matter only, experiment, few miners only, etc.
step 2 mobile phones=normal dimension, cheaper than step1, SMS, but most of people thought it's stupid, unuseful, privacy oppressive and a status symbol only of riches and pseudoglamorous ppl
step 2 BTC=major bug fixed forever, on markets/merchants, some ppl interested, development, possible miners boom
step 3 mobile phones=small dimension, much cheaper than step 1 and 2, SMS, internet, ppl realized that can be useful, easily affordable and as common and everybody has it, no more shameful to own and show it===> boom, mass run to buy mobiles
step 3 BTC=enthusiasm but still no mass, price to stars, much contrast, hate and disinformation from media, governments, economists, etc.
step 4 mobile phones=evolution to smartphone and relative run to purchase, ridicolous telephone costs
step 4 BTC=mt gox disaster, declaration of illegality from some governments, fear
step 5 mobile phones=almost everybody owns a smartphone with ridicolous and/or free fares, VOIP, apps etc.
step 5 BTC=maybe wake up after disaster, but still few ppl know it and use it, still no mass development
step 6 mobile phones=what happens after smartphone?
step 6 BTC=what happens to BTC price if most of worldwide ppl learn to use and put some savings in BTCs?


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June 16, 2016, 11:43:52 AM
 #2519

You can only get rich with bitcoins if you are a miners. but it requires large investment and risk in order to be profitable. considering the cost of electricity and the efficiency of miners
Not only miners anyone can become rich with bitcoins. My plan to get rich in btc or with btc is that I will work as hard as I can, at the same time the coins earned will be kept in a wallet for future price increase and sell them at that time, so I get more value of my hard work.
I course I want to get rich with the Bitcoin but the question is if it is possible and if it is also gong to happen. It is all going to depend on the price and on how many Bitcoins I have.

so far anybody have invested in bitcoin a while back is having a very good time because of the big amount of profit we are gaining from the rise. and mostly if you have invested back when everybody was asleep and ignoring this huge opportunity then you are over three times in profit which is still rising.

If you want to get rich with bitcoin then I think you need to hold it for a long time, and there is also no risk in it and you can also try your luck on trading to multiply your coins.
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June 16, 2016, 11:59:21 AM
 #2520

You can only get rich with bitcoins if you are a miners. but it requires large investment and risk in order to be profitable. considering the cost of electricity and the efficiency of miners
Not only miners anyone can become rich with bitcoins. My plan to get rich in btc or with btc is that I will work as hard as I can, at the same time the coins earned will be kept in a wallet for future price increase and sell them at that time, so I get more value of my hard work.
I course I want to get rich with the Bitcoin but the question is if it is possible and if it is also gong to happen. It is all going to depend on the price and on how many Bitcoins I have.

so far anybody have invested in bitcoin a while back is having a very good time because of the big amount of profit we are gaining from the rise. and mostly if you have invested back when everybody was asleep and ignoring this huge opportunity then you are over three times in profit which is still rising.

If you want to get rich with bitcoin then I think you need to hold it for a long time, and there is also no risk in it and you can also try your luck on trading to multiply your coins.
Yes absolutely right to be rich we could collect bitcoin and hold until a long time. We should also try the trade to double our advantage and we could have a lot of bitcoin.
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