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Author Topic: What is your plan to get rich with Bitcoin?  (Read 265786 times)
sabbirshm
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October 02, 2016, 03:28:24 AM
 #4621

The plan is easy and well organized, executing it is a different matter though Cheesy :
-Get 200-300 BTC "somehow"
-Wait for the price to reach $1,000 or so, Which shouldn't be as far-sighted like $5,000 and such
-Withdraw and exchange for USD, wait for another chance to re-enter with BTC.

the say is easy but the work in trade is very dificult
because price bitcoin is very liquid up and down
if buy much bitcoin wait to up, but the real bitcoin is down is not profit but lost
Yes you are right, but if you have clear rules of trading It will become different, are like time for buy and sell bitcoins , how much bitcoins you be ready for cut lost if the price going down after you bought it. You must find the ways or rules of trading that give profit constantly from trading.
Learning is Important , it's okay if you're fault in the first attempt or keep lose . But as the time progress you can learning about trading and for sure you can get profit . For trading bitcoin , it needs longer time to get the profit but for altcoin you can do it in the short-term basis.
Yah,Learning is very important. At the very first time we may failed but we should not lose hope.So, we should learn it first. And I think we should start with small amount that we can afford to lose. These will make us experienced and we can invest big amount after that.
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October 02, 2016, 03:30:29 AM
 #4622

The plan is easy and well organized, executing it is a different matter though Cheesy :
-Get 200-300 BTC "somehow"
-Wait for the price to reach $1,000 or so, Which shouldn't be as far-sighted like $5,000 and such
-Withdraw and exchange for USD, wait for another chance to re-enter with BTC.

the say is easy but the work in trade is very dificult
because price bitcoin is very liquid up and down
if buy much bitcoin wait to up, but the real bitcoin is down is not profit but lost
Yes you are right, but if you have clear rules of trading It will become different, are like time for buy and sell bitcoins , how much bitcoins you be ready for cut lost if the price going down after you bought it. You must find the ways or rules of trading that give profit constantly from trading.
Learning is Important , it's okay if you're fault in the first attempt or keep lose . But as the time progress you can learning about trading and for sure you can get profit . For trading bitcoin , it needs longer time to get the profit but for altcoin you can do it in the short-term basis.

Trading could  possibly give you  decent profits but as you said  you may  lose at first and also   on the long run since there are really now perfect trades  and those mistakes  would able you to learn more which  could somehow mold you to a better trader. Bitcoin and altcoin trading  have  difference on price volatility.

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BADecker
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October 02, 2016, 04:34:29 AM
 #4623

As fiat moves toward the big crash, HYIPs will become more stable. Then the crash will come, and nothing fiat will be worth anything. Stick with gold and Bitcoin. Forex Paradise just might be around until the end of fiat.

Eleven more days to my payout.

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fkvidar
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October 02, 2016, 09:56:43 AM
 #4624

The plan is easy and well organized, executing it is a different matter though Cheesy :
-Get 200-300 BTC "somehow"
-Wait for the price to reach $1,000 or so, Which shouldn't be as far-sighted like $5,000 and such
-Withdraw and exchange for USD, wait for another chance to re-enter with BTC.

the say is easy but the work in trade is very dificult
because price bitcoin is very liquid up and down
if buy much bitcoin wait to up, but the real bitcoin is down is not profit but lost
Yes you are right, but if you have clear rules of trading It will become different, are like time for buy and sell bitcoins , how much bitcoins you be ready for cut lost if the price going down after you bought it. You must find the ways or rules of trading that give profit constantly from trading.
Learning is Important , it's okay if you're fault in the first attempt or keep lose . But as the time progress you can learning about trading and for sure you can get profit . For trading bitcoin , it needs longer time to get the profit but for altcoin you can do it in the short-term basis.

Trading could  possibly give you  decent profits but as you said  you may  lose at first and also   on the long run since there are really now perfect trades  and those mistakes  would able you to learn more which  could somehow mold you to a better trader. Bitcoin and altcoin trading  have  difference on price volatility.

Trading bitcoin is much safer then trading altcoins as there is no major pump and dump in bitcoins so if you can hold them for a  long term then you can make good profits from it.
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October 02, 2016, 10:26:50 AM
 #4625

The plan is easy and well organized, executing it is a different matter though Cheesy :
-Get 200-300 BTC "somehow"
-Wait for the price to reach $1,000 or so, Which shouldn't be as far-sighted like $5,000 and such
-Withdraw and exchange for USD, wait for another chance to re-enter with BTC.

the say is easy but the work in trade is very dificult
because price bitcoin is very liquid up and down
if buy much bitcoin wait to up, but the real bitcoin is down is not profit but lost
Yes you are right, but if you have clear rules of trading It will become different, are like time for buy and sell bitcoins , how much bitcoins you be ready for cut lost if the price going down after you bought it. You must find the ways or rules of trading that give profit constantly from trading.
Learning is Important , it's okay if you're fault in the first attempt or keep lose . But as the time progress you can learning about trading and for sure you can get profit . For trading bitcoin , it needs longer time to get the profit but for altcoin you can do it in the short-term basis.

Trading could  possibly give you  decent profits but as you said  you may  lose at first and also   on the long run since there are really now perfect trades  and those mistakes  would able you to learn more which  could somehow mold you to a better trader. Bitcoin and altcoin trading  have  difference on price volatility.

Trading bitcoin is much safer then trading altcoins as there is no major pump and dump in bitcoins so if you can hold them for a  long term then you can make good profits from it.
Absolutely, trading in bitcoin is better than trading in altcoins, because with bitcoin the volume is good and you can easily predict the price movement as the price has more dominant in increasing, but in altcoins some coins just pump for sometimes and then die.

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October 02, 2016, 10:41:31 AM
 #4626

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

My plan when I get reach in bitcoin I want to buy a bitcoin mining machine to earn more bitcoin, then I establish my own traditional business. Also buy a new house and lot with cars also. Then live happily ever after.
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October 02, 2016, 11:13:03 AM
 #4627

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

My plan when I get reach in bitcoin I want to buy a bitcoin mining machine to earn more bitcoin, then I establish my own traditional business. Also buy a new house and lot with cars also. Then live happily ever after.

by the time you get "rich", mining will be many factors more difficult and less rewarding than is the case right now. you will be much better off to just keep holding your coins.
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October 02, 2016, 11:51:35 AM
 #4628

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

My plan when I get reach in bitcoin I want to buy a bitcoin mining machine to earn more bitcoin, then I establish my own traditional business. Also buy a new house and lot with cars also. Then live happily ever after.

Well I guess that is not a plan to get rich, what you are planning is what you are going to do when you became rich. But having a mining farm is going to make you rich in bitcoin if you are just going to be consistent with it. But before you are going to have mining rigs, you must invest with the hardware and that is going to cost a lot.
Investing in a mining business is an expensive business so you need to be rich already to be able to start that business. That has no relevance to the topic because what we are talking is the method to become rich.
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October 02, 2016, 11:56:10 AM
 #4629

Getting rich with bitcoins is an difficult task, as you need to have huge volume of coins in your wallet and again we are not sure whether it will survive longer or not, and if it disappears then all your efforts of collecting bitcoin will go in vain.
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October 03, 2016, 03:17:49 AM
 #4630

Getting rich with bitcoins is an difficult task, as you need to have huge volume of coins in your wallet and again we are not sure whether it will survive longer or not, and if it disappears then all your efforts of collecting bitcoin will go in vain.

It is really a difficult plan and task to do. You must implement that properly so that you are going to get rich with bitcoin. And once you have established your plan with it and you have your list already, like holding and trading. Then you must stick to your plan and you are going to keep on doing that until you are going to see good effect.

Then why bother to become rich by just doing only bitcoin earning method? The important thing here is, people are getting fixed income out of bitcoin jobs in regular basis.

Don't mind being rich at the moment as long as the bitcoin profit is continous.

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October 03, 2016, 04:14:21 AM
 #4631

Getting rich with bitcoins is an difficult task, as you need to have huge volume of coins in your wallet and again we are not sure whether it will survive longer or not, and if it disappears then all your efforts of collecting bitcoin will go in vain.
thats the problem or risk to take but for me adoption from one place to another will make bitcoin to succeed as long as we continuously helping the chain and allowed more people to involved i guess bitcoin will allowed us to be rich in terms of investment and acquiring more of it as early as now.
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October 03, 2016, 04:18:56 AM
 #4632

My plan is to get a lot of profit by the bitcoin, I invested now in the bitcoin.
If the price rises I will sell my bitcoins for a lot of money so I can make a lot of money from it.

It will take some time but its worth the time, time is money that's what I see and say.
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October 03, 2016, 05:01:28 AM
 #4633

My plan is to get a lot of profit by the bitcoin, I invested now in the bitcoin.
If the price rises I will sell my bitcoins for a lot of money so I can make a lot of money from it.

It will take some time but its worth the time, time is money that's what I see and say.
For getting profit from trading Bitcoin needs to buy much Bitcoin for getting huge profit or you can try to wait for a year to getting your profit .
Or you can try to trading altcoin instead which more quicker and more profitable than trading Bitcoin for me.

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October 03, 2016, 05:17:20 AM
 #4634

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
i think idea of 100btc to get in drem is not bad . but in real it is very hard . because in bitcoin there are no such ways which are legit to make that much amount profit . but he should buy some btc according to his income for long time .
while my dream is to get 10btc when i retire with my life job .
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October 03, 2016, 08:17:28 AM
 #4635

I do not have any plans on getting rich with Bitcoin because I do not think that it is going to happen and that is why I do not want t get my hopes up.
I am just here to make some extra money and I am fine with the way it is going now.
gerXhonza
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October 03, 2016, 08:23:40 AM
 #4636

I do not have any plans on getting rich with Bitcoin because I do not think that it is going to happen and that is why I do not want t get my hopes up.
I am just here to make some extra money and I am fine with the way it is going now.

Yes bitcoin is an extra income for us so we cannot think of getting rich with the part time income as we are not earning too high from it and may be it will be treated as a part time income till the end.
marleybobthedog
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October 03, 2016, 08:27:45 AM
 #4637

I can only think of trading because it involves less risk almost zero risk so i love trading and by trading with other cryptocurrency along with bitcoin we can become millionaire if we can predict the future of other coins. Currently I had bought 50000 Billary coins whose price is slated to get rise by mid November so I am dreaming of price hike and also dreaming to get rich soon. You can follow me.
terman45x
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October 03, 2016, 08:42:00 AM
 #4638

I can only think of trading because it involves less risk almost zero risk so i love trading and by trading with other cryptocurrency along with bitcoin we can become millionaire if we can predict the future of other coins. Currently I had bought 50000 Billary coins whose price is slated to get rise by mid November so I am dreaming of price hike and also dreaming to get rich soon. You can follow me.

So you think that there is no risk in trading? There is a huge risk in trading if you don't know how to  handle it, and if you choose a wrong coin then it will bring only loss for you.
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October 03, 2016, 08:49:03 AM
 #4639

I do not have any plans on getting rich with Bitcoin because I do not think that it is going to happen and that is why I do not want t get my hopes up.
I am just here to make some extra money and I am fine with the way it is going now.

Yes bitcoin is an extra income for us so we cannot think of getting rich with the part time income as we are not earning too high from it and may be it will be treated as a part time income till the end.
the scenario is not same with everyone. some people can not become rich with bitcoin. but some skilled and experienced persons are also very busy with their bitcoin related jobs and activities. they can become rich with no doubt.
BTW if you only relay on signature campaigns. faucets and other things and don't learn any good skill you can not become rich.
Pamadar
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October 03, 2016, 08:59:38 AM
 #4640

I do not have any plans on getting rich with Bitcoin because I do not think that it is going to happen and that is why I do not want t get my hopes up.
I am just here to make some extra money and I am fine with the way it is going now.

Yes bitcoin is an extra income for us so we cannot think of getting rich with the part time income as we are not earning too high from it and may be it will be treated as a part time income till the end.
if you are making this as your part time you might got good possibility to earn a lot from it if you will not touch your btc and if every income you have will be save we never now what btc will worth after 5 years so if everything will be intact until 5 years maybe you will be rich with btc. just thinking in a positive ways.
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