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Author Topic: What is your plan to get rich with Bitcoin?  (Read 265842 times)
SquallLeonhart
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August 31, 2016, 02:33:29 PM
 #3941

Keep investing at the right times, then sit quietly on my fortune! No just kidding, I'm not sure yet but the chances are slim of getting rich with bitcoin from this moment of development.


But before investing we must collect bitcoin first. There are many ways like a signature campaign and selling services. If it has been collected we can invest or trade possible to gain an advantage again so we can get more bitcoin. If you want to be rich in bitcoin we still have to try and work hard in order to get a lot of bitcoin and become rich.

Yes our first priority should be to collect the bitcoins to the fullest, and right now we also have an opportunity to earn in various ways so we need to multiply our efforts to have more coins in our wallet.
it is my priority for sure, i try to get as much bitcoins as possible to be honest and i might even make some decent profit with it

If you have descent amount of coins in your wallet and if you invest those then you can expect some great profits in short term, and trading is the key to get rich with bitcoins.
kim.apps
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August 31, 2016, 03:58:23 PM
 #3942

I think holding bitcoins could be a potential way to get rich only if the bitcoins price reaches very high level, otherwise you may earn some good profit, but I don't think this will make you rich.
fkvidar
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August 31, 2016, 04:09:00 PM
 #3943

I think holding bitcoins could be a potential way to get rich only if the bitcoins price reaches very high level, otherwise you may earn some good profit, but I don't think this will make you rich.

It will depend on how much coins you will be able to manage for the future, if you have good amount of coins then it can make you rich only if price goes higher.
sabbirshm
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August 31, 2016, 04:41:33 PM
 #3944

I think holding bitcoins could be a potential way to get rich only if the bitcoins price reaches very high level, otherwise you may earn some good profit, but I don't think this will make you rich.

It will depend on how much coins you will be able to manage for the future, if you have good amount of coins then it can make you rich only if price goes higher.

it's a good idea to keep bitcoin until it's hit a good price. But I think it's not safe at all. Rather I would like to trading with btc cause it's can give me profit. though trading isn't much safe but with best skills and knowledge anyone could be succeeded.
Corenin
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August 31, 2016, 04:49:53 PM
 #3945

I think holding bitcoins could be a potential way to get rich only if the bitcoins price reaches very high level, otherwise you may earn some good profit, but I don't think this will make you rich.

It will depend on how much coins you will be able to manage for the future, if you have good amount of coins then it can make you rich only if price goes higher.

it's a good idea to keep bitcoin until it's hit a good price. But I think it's not safe at all. Rather I would like to trading with btc cause it's can give me profit. though trading isn't much safe but with best skills and knowledge anyone could be succeeded.

Yes making efforts to multiply your coins is always better then keeping it idle in wallet, even price goes higher in future you will be holding same number of coins.
rio3233
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August 31, 2016, 04:51:07 PM
 #3946

For now, my only plan is keep earning bitcoins everyday until i have many bitcoins and when it happened, i will open business like an online shop that sell anything and using bitcoin as the payment.
katrimans
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August 31, 2016, 05:50:31 PM
 #3947

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
Most importantly hard work to get rich in bitcoin. There are many methods here and we should use it to get rich, but it was very difficult. If I use bitcoin only as additional income. Very difficult for me to be rich with bitcoin, because of my ability in bitcoin is limited. So I use it to supplement their income.
Indeed there are multiple methods to be rich in bitcoin but my method is simple, yet not so simple. Buy smart, sell smart.

I trade btc/alt and would always be careful because I've lost quite a good amount on my first few weeks in trading but now, I've (probably) learned my mistakes from them and making extra measures to make sure to not make the same mistakes.
marketone
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August 31, 2016, 05:53:16 PM
 #3948

Getting rich in bitcoin is nothing that can happen just over night.
It takes years to accumulate wealth from anything and that is the same for bitcoin.
A strategy is needed to get anywhere with anything life so starting off small and working your way up is essentially the only way you will accomplish what you intend to do with your bitcoin to multiple it into what you consider to to wealthy.
tampazeus
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August 31, 2016, 05:54:11 PM
 #3949

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
Most importantly hard work to get rich in bitcoin. There are many methods here and we should use it to get rich, but it was very difficult. If I use bitcoin only as additional income. Very difficult for me to be rich with bitcoin, because of my ability in bitcoin is limited. So I use it to supplement their income.
Indeed there are multiple methods to be rich in bitcoin but my method is simple, yet not so simple. Buy smart, sell smart.

I trade btc/alt and would always be careful because I've lost quite a good amount on my first few weeks in trading but now, I've (probably) learned my mistakes from them and making extra measures to make sure to not make the same mistakes.

Yeah we all have made some mistakes at initial stage in trading and also suffer  losses in it but that gave us experience and knowledge which will stay with us for a lifetime.
Lombard
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August 31, 2016, 05:58:31 PM
 #3950

i dont have any plan right now to be honest though i hope  buying bitcoins will make me rich

bryant.coleman
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August 31, 2016, 06:08:59 PM
 #3951

For now, my only plan is keep earning bitcoins everyday until i have many bitcoins and when it happened, i will open business like an online shop that sell anything and using bitcoin as the payment.

Setting up an online shop which accepts Bitcoin as a mode of payment will require a lot of effort, and funds. You may need to outsource a lot of work, and it can get very expensive. Still, the most important thing is to attract merchants and shoppers to your website. And once again, this may require promotional offers and other tricks, which can drain a lot of money from your pocket.
CryptoVision
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August 31, 2016, 06:23:59 PM
 #3952

When there is capital available and I see a good price, I just buy and hold. I rarely trade, I think I need more experience and market knowledge to do that more often.
greBit
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August 31, 2016, 06:27:33 PM
 #3953

When there is capital available and I see a good price, I just buy and hold. I rarely trade, I think I need more experience and market knowledge to do that more often.

Why don't you invest certain time of yours in learning trading, as only holding will not give you higher profits in future but with trading you can make profits regularly.
jamids
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August 31, 2016, 06:39:36 PM
 #3954

I plan on trading with bitcoin and then if I have enough profit then I would convert some to fiat and then invest it in other investment vehicles. In this way I will have diversified investments and source of income because we'll never know what will happen in the future and also to spread the risks. We should not put all our eggs in one basket.

bryant.coleman
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August 31, 2016, 06:40:34 PM
 #3955

When there is capital available and I see a good price, I just buy and hold. I rarely trade, I think I need more experience and market knowledge to do that more often.

Bitcoin trading is like gambling. Both are addictive. There are people who gain out of gambling. But there will be an even greater number, who lose their life savings due to this addiction. My advice to you is to stay out of trading. For everyone who gains from trading, just remember that there will be someone else who is losing his investment.
dezoel
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August 31, 2016, 06:42:34 PM
 #3956

When there is capital available and I see a good price, I just buy and hold. I rarely trade, I think I need more experience and market knowledge to do that more often.

Bitcoin trading is like gambling. Both are addictive. There are people who gain out of gambling. But there will be an even greater number, who lose their life savings due to this addiction. My advice to you is to stay out of trading. For everyone who gains from trading, just remember that there will be someone else who is losing his investment.

Agree with you but no one cares about others, everyone wants to make profits and that is the reason they are investing their money, if they are making good profits from trading then I am sure they will never quit.

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Sergiorr101
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August 31, 2016, 06:50:51 PM
 #3957

i have plans to buy a lot of bitcoins right now in order to earn huge profits for just holding in the future

gerXhonza
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August 31, 2016, 07:31:29 PM
 #3958

i have plans to buy a lot of bitcoins right now in order to earn huge profits for just holding in the future

If you are a rich guy you can buy it any time and to be honest I feel that this is really a good price to buy bitcoin as price will definitely touch new heights in coming years.
beastmodeBiscuitGravy
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August 31, 2016, 07:43:13 PM
 #3959

Stridently support the Blockstream/Core plan to cripple the utility and competitiveness of Bitcoin... while investing heavily in Monero (XMR).

I learned from the best.  Smiley
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August 31, 2016, 07:51:09 PM
 #3960

I am plans to make my own bitcoin faucet
but I think I still need a lot of bitcoin for capital
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