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Author Topic: What is your plan to get rich with Bitcoin?  (Read 265795 times)
haankoammu
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September 21, 2016, 08:49:31 PM
 #4461

That's the easy part, Getting x coins and wait for the price to reach x USD/BTC then sell and make plenty of profit, The difficult part is how to get the BTC's which would either require investment or plenty of effort.. The part about BTC hitting x is also difficult particularly if you invested and can be at a loss of USD value of BTC at some point in time.
richardsNY
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September 21, 2016, 08:56:22 PM
 #4462

My plan is to invest in whatever banks begin to operate with block-chain technology, that will be BTC biggest impact on this earth!

This doesn't make any sense. Banks, governments and high profile corporations will never implement the blockchain from Bitcoin. If they somehow incorporate a blockchain, then it will be their own version of it. That's why this will never have any kind of impact on Bitcoin. It's all about maintaining the control they currently have, which they certainly never will have with Bitcoin's blockchain.
agamasrori
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September 22, 2016, 02:57:47 AM
 #4463

With a sports betting strategy i am making 0.05 -0.10 btc everyday which i use to buy coins that have huge potentials, i'll keep accumulating for some years
Yes May be you get profit for this day but you will not lucky forever. the Most of gambler was lost a lot of their bitcoin in gamble. I suggest you to choose trade bitcoin it is more fair than gambling. if you have big amount of bitcoin to start it, you will get rich in a short time if you always get profit.


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Carmen_Sandiego
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September 22, 2016, 07:03:48 AM
 #4464

I plan to keep accumulating... and sometimes trading. I also invest  when I see a good opportunity,  with real potential  to bring good returns in the future.
sishendaoye
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September 22, 2016, 07:29:19 AM
 #4465

My plan to get rich with bitcoin is to invest as much fiat as possible into bitcoin while prices are moderate so below 1k.
Then when prices increase i just keep waiting until it hits its full potential. Then i'll be moderately rich.
Bitcoinbro
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September 22, 2016, 07:34:29 AM
 #4466

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

not sure if that is not a plan at all, i call that waiting.  Grin

My plan is to trade with bitcoin when i get to have a lot while learning the skills. as of now I'm working online as freelancer and just want to provide services and also signature campaign.
 It could take a year maybe before I could really get into it though.
I hope that in the future I can become rich with gambling but I do not plan on getting rich with it because much is decided by Bitcoin if I will become rich.
The only thing that I can do is wait it out and see what will happen.
CoinsRoyal
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September 22, 2016, 08:00:02 AM
 #4467

I'm currently planning to invest, also holding some of my coins and, eventually, using part of it to trade btc and altcoins.

That's a good plan although I believe having a plan to get rich will only stand in the way of getting rich because having a plan usually limits your mind to that plan instead of thinking open and freely about a case.
greBit
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September 22, 2016, 08:19:34 AM
 #4468

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

not sure if that is not a plan at all, i call that waiting.  Grin

My plan is to trade with bitcoin when i get to have a lot while learning the skills. as of now I'm working online as freelancer and just want to provide services and also signature campaign.
 It could take a year maybe before I could really get into it though.
I hope that in the future I can become rich with gambling but I do not plan on getting rich with it because much is decided by Bitcoin if I will become rich.
The only thing that I can do is wait it out and see what will happen.

If you are depending only on gambling to become rich then its an big risk to take, as you cannot expect that you will be winning all the time, and the percentage of loosing will exceed then winning, so be careful.
phreaky
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September 22, 2016, 08:30:31 AM
 #4469

To get rich with bitcoin I am going to invest a lot of money over the years into bitcoin itself and leave it all and not spend it at all. So essentially just saving bitcoin.
Then when bitcoin goes up alot in price I will sell them to take no risk of it going down again because of other panic sellers.
peta4e
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September 22, 2016, 08:32:26 AM
 #4470

To get rich with bitcoin I am going to invest a lot of money over the years into bitcoin itself and leave it all and not spend it at all. So essentially just saving bitcoin.
Then when bitcoin goes up alot in price I will sell them to take no risk of it going down again because of other panic sellers.

I don't think its a smart move to put all your money in bitcoins, no one knows where bitcoin will land in future and if something goes wrong with it then you will be loosing all  your money.
Galiatram
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September 22, 2016, 08:38:36 AM
 #4471

To get rich with bitcoin I am going to invest a lot of money over the years into bitcoin itself and leave it all and not spend it at all. So essentially just saving bitcoin.
Then when bitcoin goes up alot in price I will sell them to take no risk of it going down again because of other panic sellers.

I don't think its a smart move to put all your money in bitcoins, no one knows where bitcoin will land in future and if something goes wrong with it then you will be loosing all  your money.

Indeed I wouldn't put all into bitcoin it is very risky and as you said no one knows what will happen with bitcoin in the future.
Investing small portions seems to be the best bet but if bitcoin does get big good on the people that invested all of their money.
Carmen_Sandiego
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September 22, 2016, 08:39:23 AM
 #4472

Well, right now I am just a  common BTC user who is trying to make some good profit in the  free market, mostly trading, but who knows  what the future  can bring with it.
Darker45
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September 22, 2016, 08:42:08 AM
 #4473

Wow! As for me I have until 2020 to work as an employee. Plan seems very ambitious which also means I have to be also aggressive to my investments in order to achieve it. I started to focus on cryptocurrency during my free times, researching and studying. At this moment I only have 3 BTC worth of investment but i'll be adding more in the next months to come. I want to trade and invest on reliable sites. Hopefully bitcoin continues to grow in the years to come.  

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eddyubachs
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September 22, 2016, 09:04:06 AM
 #4474

To get rich with bitcoin I am going to invest a lot of money over the years into bitcoin itself and leave it all and not spend it at all. So essentially just saving bitcoin.
Then when bitcoin goes up alot in price I will sell them to take no risk of it going down again because of other panic sellers.

I don't think its a smart move to put all your money in bitcoins, no one knows where bitcoin will land in future and if something goes wrong with it then you will be loosing all  your money.

Indeed I wouldn't put all into bitcoin it is very risky and as you said no one knows what will happen with bitcoin in the future.
Investing small portions seems to be the best bet but if bitcoin does get big good on the people that invested all of their money.

Bitcoin is full of surprises and anything is possible with in future, we should have faith in its potential but we should never make a mistake of trusting it blindly, as if price falls in future then it will create a big problem for  us.
diodio5
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September 22, 2016, 09:06:40 AM
 #4475

That's the easy part, Getting x coins and wait for the price to reach x USD/BTC then sell and make plenty of profit, The difficult part is how to get the BTC's which would either require investment or plenty of effort.. The part about BTC hitting x is also difficult particularly if you invested and can be at a loss of USD value of BTC at some point in time.
I think if you already have high capital you do not need to bother to get bitcoin because you can afford it, the problem is choosing the right time to buy and sell because it will affect the level of your profits, so you have to know and understand about the circulation of the price of bitcoin
goldcoinminer
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September 22, 2016, 09:12:00 AM
 #4476

Wow! As for me I have until 2020 to work as an employee. Plan seems very ambitious which also means I have to be also aggressive to my investments in order to achieve it. I started to focus on cryptocurrency during my free times, researching and studying. At this moment I only have 3 BTC worth of investment but i'll be adding more in the next months to come. I want to trade and invest on reliable sites. Hopefully bitcoin continues to grow in the years to come.  
Seems like a good plan, just be optimistic that the price of bitcoin will rise in the future as you will be able to enjoy the profit of your investment, anyway you are right that trading is good to learn the real market of bitcoin and not only that because you can make money regularly if you do the right research.
Prettygirl01315
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September 22, 2016, 12:04:29 PM
 #4477

First I will find a source for capital funds to get stable income. Then I proceed to invest in some online investment site to grow my bitcoin. The other I can do is I can trade bitcoin in trading site so I can have a future incone when the  stacks is up. And also sometimes for fun I playing in gambling site to grow bitcoin because I believe in lucky time.
ironm@n
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September 22, 2016, 02:16:00 PM
 #4478

I think that buy on the dips  and hold for the long term is probably the  best to do. Sometimes ride the waves, of  course, but considering to use something around  thirty percent of the portfolio.
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September 22, 2016, 02:34:45 PM
 #4479

That's the easy part, Getting x coins and wait for the price to reach x USD/BTC then sell and make plenty of profit, The difficult part is how to get the BTC's which would either require investment or plenty of effort.. The part about BTC hitting x is also difficult particularly if you invested and can be at a loss of USD value of BTC at some point in time.

I think you said it the other way.  If you have the fund, it will be east to get bitcoin.   And if not you can find task and do it and be  paid with bitcoin.  Easy in a sense that you can tell whether you can acquire bitcoin or not as of  getting profit with bitcoin, it is harder than what you are thinking.  First you need to time  yourself in buying bitcoin at a low price then need to wait  to sell it at the right time.  The hardest part in this is the timing, you need patience and smart decisions in doing this one.
adibe
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September 22, 2016, 02:39:16 PM
 #4480

First I will find a source for capital funds to get stable income. Then I proceed to invest in some online investment site to grow my bitcoin. The other I can do is I can trade bitcoin in trading site so I can have a future incone when the  stacks is up. And also sometimes for fun I playing in gambling site to grow bitcoin because I believe in lucky time.

I agree with you. For now, it's better to collect and earning bitcoin to get capital and when you already have a good capital, you can start open a business or buy a mining.
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