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Author Topic: The dream of getting rich with bitcoins  (Read 227413 times)
Mikez
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March 18, 2017, 08:38:30 PM
 #1121

I would be well into the positive with making money on Bitcoin, but I was unfortunate to get my money stuck in Cryptsy when the shut their site down. I'm still trying to get back everything I lost.

Investing it anywhere involves a huge risk and that is the reason I fear even to invest on trading sites as I lost few bitcoins in bitfinex hack which occured last year so I have a big fear of investing bitcoins anywhere so I prefer to keep them safe in my wallet.

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Iranus
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March 18, 2017, 09:47:24 PM
 #1122

I would be well into the positive with making money on Bitcoin, but I was unfortunate to get my money stuck in Cryptsy when the shut their site down. I'm still trying to get back everything I lost.

Investing it anywhere involves a huge risk and that is the reason I fear even to invest on trading sites as I lost few bitcoins in bitfinex hack which occured last year so I have a big fear of investing bitcoins anywhere so I prefer to keep them safe in my wallet.
Unfortunately even wallets are sometimes not safe as it is fully reliant on either the web wallet's security in the case of web wallets (which are just as bad as exchanges security wise) or partially reliant on a third party and partially reliant on you.  You could even not be reliable at all, as your computer could get infected with malware, crash without a backup, or a whole host of other things.  The same applies to fiat currency but it's very annoying how difficult it is to stay safe with a currency which by nature should be quite secure.

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March 18, 2017, 09:57:37 PM
 #1123

I only use Bitcoin for casino and i find it is not good at all because all the casino can do is stealing your money. And honestly, I can barely earn a decent amount of Bitcoin online since I throw all of my money into online casino.
If you know this then why play? I do think that all casino scams and online casino the more. You don't know how to work their program and check it is not possible. You just give your money to a fraudster. Better to charity.
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March 18, 2017, 10:51:30 PM
 #1124

I only use Bitcoin for casino and i find it is not good at all because all the casino can do is stealing your money. And honestly, I can barely earn a decent amount of Bitcoin online since I throw all of my money into online casino.
If you know this then why play? I do think that all casino scams and online casino the more. You don't know how to work their program and check it is not possible. You just give your money to a fraudster. Better to charity.
I think gambling is the worst way to put your bitcoin in. I do not considered it such as an investment, it is only game that depend on luck. We can not win in gambling everytime. if it is happen, of course the gambling site will be bankrupt. We can be rich with bitcoin as long as we know how to manage our bitcoin correctly. If we fear about lossing our bitcoin in investment, so just keep it in long term. but If we not, just invest our bitcoin in trading. I think this is the best way.

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March 18, 2017, 11:23:11 PM
 #1125

dream is not wrong thing and sometimes dream it could be our motivation to be able to achieve what we dream, and become rich because Bitcoin is possible because I see a lot of people rich or their economy better because of knowing Bitcoin.
t's not a bad thing. because there are many people who have success because they make their dreams become excited. besides being rich of bitcoin is not impossible and there are many people who are already proving it
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March 18, 2017, 11:35:15 PM
 #1126

dream is not wrong thing and sometimes dream it could be our motivation to be able to achieve what we dream, and become rich because Bitcoin is possible because I see a lot of people rich or their economy better because of knowing Bitcoin.
t's not a bad thing. because there are many people who have success because they make their dreams become excited. besides being rich of bitcoin is not impossible and there are many people who are already proving it

Its hard to become rich with bitcoins but not impossible for sure and those early investors who invested their money in bitcoins when price was lower have already become rich with it but now the price of bitcoin is very high so it may not be possible to buy bitcoins in huge quantity and save it for future as you also should have to invest huge amount of money in order to accumulate higher amount of bitcoins.

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Ziskinberg
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March 19, 2017, 12:49:09 AM
 #1127

dream is not wrong thing and sometimes dream it could be our motivation to be able to achieve what we dream, and become rich because Bitcoin is possible because I see a lot of people rich or their economy better because of knowing Bitcoin.
t's not a bad thing. because there are many people who have success because they make their dreams become excited. besides being rich of bitcoin is not impossible and there are many people who are already proving it

Its hard to become rich with bitcoins but not impossible for sure and those early investors who invested their money in bitcoins when price was lower have already become rich with it but now the price of bitcoin is very high so it may not be possible to buy bitcoins in huge quantity and save it for future as you also should have to invest huge amount of money in order to accumulate higher amount of bitcoins.
Of course, if you believe everything is possible, there is so much speculation that bitcoin will be the future online currency so that would bring good vibes to our investment. Everything depends on how people will appreciate and support bitcoin as even with the positive news that we can read but if they are not interested anymore we can simply lose our investment. Also, we need to ensure that we do not rely on this investment only as it's very risky not to diversify.

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March 19, 2017, 01:05:25 AM
 #1128

My dream is to get rich with bitcoins in future and thats why I am putting all my efforts in earning and collecting as much as I can right now as the price of bitcoin in future will be too high and if at that time I have more coins then it can make me rich for sure.
Right if you want to rich in the future you need effort to earn bitcoins . Make a research how to earn in different ways and how earn Bitcoin in legit way. And all your Bitcoin are save and wait Bitcoin price increase and then you sell it if you think it is good and I think after this you will be rich. Effort and patience is our need to become rich.

 
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March 19, 2017, 01:24:53 AM
 #1129

dream is not wrong thing and sometimes dream it could be our motivation to be able to achieve what we dream, and become rich because Bitcoin is possible because I see a lot of people rich or their economy better because of knowing Bitcoin.

Well if you work on it, you can do it, and maybe bitcoin is not only their source of profits, maybe they have businesses.

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March 19, 2017, 02:17:40 AM
 #1130

Well, that's a very tricky load to take of dreaming to be rich bitcoin because many people are competing better strategies on how to earn optional income source from it. So in order to come up with that goal we must first have positive ideas and firm conviction in order to succeed.
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March 19, 2017, 03:03:58 AM
 #1131

I am positive with your statement. Bitcoin is amazing in it's way of gaining more value Day by day. I have same sort of dream. Save bitcoins today (lots of them) and one day sell them out. This will be probably after 2-3 years when it would have substantially grown into big exchanger. I am assuming price to hit at least $2500+ (market says it can be greater than that). However I won't get greedy far beyond that as I might loose my real money in that way. So for now just store and store and sell after few years sell that's the way to achieve it.
 Smiley
If you are not in any kind of a hurry you could save bitcoins for longs periods of time and eventually in a decade or so when the value of bitcoin has gone through the roof then there is a real chance you could become rich with bitcoin, it is not the fastest route but it is  probably the safest.
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March 19, 2017, 03:15:13 AM
 #1132

This is a nice suggestion, but instead of buying it and keeping it from your wallets for 4 years. Why not grow it by trading it? It can triple or go upto hundred times within a year and not for 4years. Just trade it with safe coins like: ETH, XMR, DASH

Buy now and sell it after 4 years. It can triple your profit.
And its every bitcoiners dream to become rich with the help of bitcoins.
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March 19, 2017, 04:19:47 AM
 #1133

I think its a long time to get rich in bitcoins because need a lot of time and Patient and people who my know bitcoins are lucky why? Because bitcoins is not hard to work  it depends on you how to manage .

Yes, it is like investment mate, or save your coin into your wallet then be patient on waiting to the value to increase. Many people around here prove that already. They got their money doubled.
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March 19, 2017, 05:23:13 AM
 #1134

dream is not wrong thing and sometimes dream it could be our motivation to be able to achieve what we dream, and become rich because Bitcoin is possible because I see a lot of people rich or their economy better because of knowing Bitcoin.

Well if you work on it, you can do it, and maybe bitcoin is not only their source of profits, maybe they have businesses.
True. if you want to work and try to reach your goal and you'll get it. including rich from bitcoin. but being rich is not easy. there is much to be done, including managing finances, etc, which is important you want to try
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March 19, 2017, 05:43:58 AM
 #1135

Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?
All community in bitcoin world are dreaming of that things, and by getting profit a lots of bitcoin is not that easy to get it. Unless the coin value you buy become increase x1000% with the minimal amount you invested. I wish that could be happen to me Grin
But it really need to exert a hard work effort here.
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March 19, 2017, 06:37:07 AM
 #1136

This is really an interesting question, I like it. Actually, I also had the intention to get rich from Bitcoin, first to know Bitcoin, I did not have this idea but since I realized the true value of Bitcoin I changed my mind. I have found every way to earn more Bitcoin, I am involved in investment projects but not effective. Then I switched to trading, trading altcoin types and working on forums. I find this way quite effective, I have earned more Bitcoin. However, the dream of getting rich is still quite distant because everything takes time, I need to act and do more Cheesy
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March 19, 2017, 06:48:34 AM
 #1137

This is really an interesting question, I like it. Actually, I also had the intention to get rich from Bitcoin, first to know Bitcoin, I did not have this idea but since I realized the true value of Bitcoin I changed my mind. I have found every way to earn more Bitcoin, I am involved in investment projects but not effective. Then I switched to trading, trading altcoin types and working on forums. I find this way quite effective, I have earned more Bitcoin. However, the dream of getting rich is still quite distant because everything takes time, I need to act and do more Cheesy
It is possible but it will be hard. The days in which you can easily double or even triple your Money with Bitcoin are now over. Right now it has a slow movement above 1000$ comparing it to its movement below 1000$. It is trying to tell us that if the demand does not increase it won't move up to our expectations. We can easily find other investments that are rapidly growing such as in the stock market.

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sportis
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March 19, 2017, 10:00:55 AM
 #1138

This is really an interesting question, I like it. Actually, I also had the intention to get rich from Bitcoin, first to know Bitcoin, I did not have this idea but since I realized the true value of Bitcoin I changed my mind. I have found every way to earn more Bitcoin, I am involved in investment projects but not effective. Then I switched to trading, trading altcoin types and working on forums. I find this way quite effective, I have earned more Bitcoin. However, the dream of getting rich is still quite distant because everything takes time, I need to act and do more Cheesy
It is possible but it will be hard. The days in which you can easily double or even triple your Money with Bitcoin are now over. Right now it has a slow movement above 1000$ comparing it to its movement below 1000$. It is trying to tell us that if the demand does not increase it won't move up to our expectations. We can easily find other investments that are rapidly growing such as in the stock market.

What do you mean when you say slow movement? Last November the price was a bit more over the $700 and two weeks ago about $1275. I don't know any other currency which presents such fluctuations. On the other side when someone has the dream to be rich with bitcoin depends the place he lives. There is big difference who is considered to be rich in Nigeria and who in Switzerland.
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March 19, 2017, 10:30:55 AM
 #1139

dream is not wrong thing and sometimes dream it could be our motivation to be able to achieve what we dream, and become rich because Bitcoin is possible because I see a lot of people rich or their economy better because of knowing Bitcoin.
They're investing on the bitcoin at the early phase. but to become a rich people is not easy if you're trying to do through the trading and it need a lot of your effort.

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March 19, 2017, 10:49:03 AM
 #1140

I think there is nothing wrong about dreaming about it,
But let's be realistic you would only gain a huge amount of money if you would also put a lot in it,
So maybe just earn a decent amount and keep it that way that is what I am doing right now.
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