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Author Topic: What is your plan to get rich with Bitcoin?  (Read 265803 times)
DomesticTrader
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August 29, 2016, 03:26:22 PM
 #3901

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.  Grin
Half million dollars is not a small amount and he can maybe retire,
Everyone has his goal to have lots of btc but it depends how much we can afford to buy.
There are allot of people telling me things to make easy money with the bitcoin but as you can see and know if you are using the bitcoin by your self it wont go by them self you have to do allot for it and not just some time you need to spent allot of time.
squatz1
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August 29, 2016, 03:35:54 PM
 #3902

Personally, I'm not hoping to get rich with Bitcoin I'm really just trying to make a good amount of side money along with my real job which is always nice as I really love bitcoin in general.

Working here on sig camps is fun too, as I like posting here and it gives me an incentive to continue doing this. Also hoping for the price to rise a bit as I did just buy quite a bit of bitcoin!

Cheers all!




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lavapits
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August 29, 2016, 07:03:56 PM
 #3903

my plan is to hold a lot of bitcoins and make some good profit
michnelli6
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August 29, 2016, 08:04:51 PM
 #3904

my plan is to hold bitcoin only and not do anything with that, in my opinion the price of the bitcoin is going to increase so in this way i would make big profit
but you are going to hold your bitcoin for a long month because sometimes it takes a month or more months to increase the bitcoin price depends on the investors who are going to buy bitcoins , bitcoin decrease it price because of what happen on one exchange website - we have the same plan for this but for me make another method on how you are going to grow your money Wink
Sometimes it takes time to make money. If there was an increase of $100 for some reason that will not make us rich considering we might be holding 1/5/10/21 bitcoins. So, holding up for long duration for a small amount of bitcoin holder is a viable plan to be rich but after long time.
Vikingr
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August 29, 2016, 08:51:40 PM
 #3905

my plan is to hold bitcoin only and not do anything with that, in my opinion the price of the bitcoin is going to increase so in this way i would make big profit
but you are going to hold your bitcoin for a long month because sometimes it takes a month or more months to increase the bitcoin price depends on the investors who are going to buy bitcoins , bitcoin decrease it price because of what happen on one exchange website - we have the same plan for this but for me make another method on how you are going to grow your money Wink
Sometimes it takes time to make money. If there was an increase of $100 for some reason that will not make us rich considering we might be holding 1/5/10/21 bitcoins. So, holding up for long duration for a small amount of bitcoin holder is a viable plan to be rich but after long time.

Holding alone is not enough if you want to become more richer with only some amount of bitcoin, in the mean time you can also start trade with your existing bitcoins, with that you will be rich.
BitcoinMuscle
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August 29, 2016, 08:56:54 PM
 #3906

my plan is to hold bitcoin only and not do anything with that, in my opinion the price of the bitcoin is going to increase so in this way i would make big profit
but you are going to hold your bitcoin for a long month because sometimes it takes a month or more months to increase the bitcoin price depends on the investors who are going to buy bitcoins , bitcoin decrease it price because of what happen on one exchange website - we have the same plan for this but for me make another method on how you are going to grow your money Wink
Sometimes it takes time to make money. If there was an increase of $100 for some reason that will not make us rich considering we might be holding 1/5/10/21 bitcoins. So, holding up for long duration for a small amount of bitcoin holder is a viable plan to be rich but after long time.

Holding alone is not enough if you want to become more richer with only some amount of bitcoin, in the mean time you can also start trade with your existing bitcoins, with that you will be rich.
Right. You can't get rich just waiting for Bitcoin price to grow,just if you have hundreds of bitcoins  and even then you will not be rich. It is a good idea to trade, first with small amounts to see how it goes , but it is a high risk to lose your bitcoins
virtualkeybuyer
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August 29, 2016, 09:12:41 PM
 #3907

Some people save their bitcoin they are team instinct because they are thinking that bitcoin would rise someday and can benefit from it. Some people invest or gamble they are team valor because have the courage to take risks. I am a team mystic i do rotate my bitcoin in doing some small business i think it is a smart way just an opinion tho Smiley

Saving and holding bitcoin for future use is good.  There is also possibility that bitcoin willl raise in value but it  is somehow uncertain.  We cant predict the future price but only speculate.  Others think that trading it and gaining profit from it is the best way to get  rich with bitcoin.
of course it is really good to save it up, in the future bitcoins might give you a lot of profit easily and make you a rich person

I think along with saving we also have to think about to invest them in some business so that we get an increased income and we will be able to save more higher and we will get rich much faster.
giracoin
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August 29, 2016, 09:46:56 PM
 #3908

Why is it still so complicated to get some bitcoins? As I know there is or was coinmama which took paypal and converted it to bitcoin. Any other ideas how to really simply get bitcoins? I'm just trying out Giracoin from switzerland. But not sure if its scam!? Looks like there is a swiss bank behind them. https://www.google.ch/?gfe_rd=cr&ei=HK3EV6LvOeLI8gfMqrWYCw#q=giracoin+schweiz

any ideas?

@opair.co why is your website not running? It throws me a SSL error back... do i make some mistakes? just tried to visit your website
blackmachinegun
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August 29, 2016, 11:09:18 PM
 #3909

Mining forever.
Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see  higher price to secure profits, as you can again buy when price drops in future.
the question is how to get a lot of bitcoin it? Of course you need to work with a variety of methods so that you can get bitcoin?
nah that asked by many people is that method? so that you can earn a lot of money?

ajun96
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August 30, 2016, 12:39:21 AM
 #3910

my plan is to hold a lot of bitcoins and make some good profit
yeah maybe by holding many bitcoin and wait for high prices and then selling it is a great and probably could have great benefits for you. but the problem is how to get a lot of bitcoin it? I think most people are confused to get many bitcoin?
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August 30, 2016, 12:53:09 AM
 #3911

My plan to get rich from Bitcoin is to develop my own business on the concept of Bitcoin. 
lavapits
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August 30, 2016, 12:55:34 AM
 #3912

i dont have a decent plan now though right now im buying a lot of bitcoins and hoping its price to grow a lot in the future
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August 30, 2016, 02:09:35 AM
 #3913

my plan is to hold a lot of bitcoins and make some good profit
yeah maybe by holding many bitcoin and wait for high prices and then selling it is a great and probably could have great benefits for you. but the problem is how to get a lot of bitcoin it? I think most people are confused to get many bitcoin?
It is easy to get a huge number of bitcoins, you have to save it regularly, if you are earning online then simple set aside some of your earnings for your investment for the future, it is easy if you have the discipline and you know how to focus on your goal to achieve in the future.

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August 30, 2016, 06:39:10 AM
 #3914

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.  Grin

This is a good thing about bitcoin. It does not matter where you're from, whether it is a third world country or not.
Everyone here is equal. It is just a matter of skills and knowledge about how big will you want to achieve.
It is truly yes. In my eyes it is the best thing to happen in this world as a reward for a long time waiting. Since the government can’t totally control it, it is in the people and the developers hands to keep it running and working. They have been doing a fine job. So, we need not to worry anything unexpected to happen from government side like what happened to Liberty Reserve kind of processors. Having a practical plan with bitcoin will make us rich for sure.
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August 30, 2016, 06:49:22 AM
 #3915

I don't know, i am not looking for a rich life with bitcoins nowdays, i am trying to understand why im still here and why im using bitcoins, maybe better to do something else?

How so? You're a Hero member, if you still don't know what the reason for people to use Bitcoin is, then when will you?
Maybe he just a new member here and bought that account as newbie..
Thats why he is saying that thing .. that honestly many ways to get rich in bitcoin.
I don’t see why someone would buy a forum account. Maybe he just meant it in the way that he’s been into it for so long, no he doesn’t know why he started. To answer the main OP I think I would say just to sit on it and wait until the prices increase and then book profits to be rich.

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August 30, 2016, 07:02:46 AM
 #3916

i dont have a decent plan now though right now im buying a lot of bitcoins and hoping its price to grow a lot in the future

I am with you. Wink  But I am not into buying bitcoins as I do not have enough money to buy some.  If ever I have extra then I would buy as I am familiar with bitcoin price.  Putting it on our wallet is like depositing it into a bank cause its price will goes up or down.  I am into using bitcoin as another source of income.  I enjoyed it as I am not really a believer of making money online but after seeing its potential I am hooked with it.
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August 30, 2016, 07:07:34 AM
 #3917

Being rich with bitcoin or other digital currencies is possible only when you get involved into it as a full time job. Other than that through gambling and trade only very few were found successful. I consider bitcoin as an additional source of earning rather than considering it to become rich.

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barbara44
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August 30, 2016, 10:17:57 AM
 #3918

I don't know, i am not looking for a rich life with bitcoins nowdays, i am trying to understand why im still here and why im using bitcoins, maybe better to do something else?
You could always read ebooks or articles that everyone writes. Sometimes you can learn a thing or two when reading those bitcoin guides. There are many money making methods, you just to do a little more research is all about.

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August 30, 2016, 10:23:56 AM
 #3919

The hope lives, but I don't expect it  Grin

Like some people said, it can become a good income, but it would be hard to rise that much to become rich.
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August 30, 2016, 10:46:11 AM
 #3920

Being rich with bitcoin or other digital currencies is possible only when you get involved into it as a full time job. Other than that through gambling and trade only very few were found successful. I consider bitcoin as an additional source of earning rather than considering it to become rich.
I thought you did not have to work full bitcoin to be rich in bitcoin? you can get bitcoin on the various ways and methods?
and it can be done without having to work full time in bitcoin. you could become rich of many methods in bitcoin dude
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