The dream of getting rich with bitcoins

[Hydrogen]

I suspect the road to getting rich involves things like being disciplined, making good decisions, developing skills, resources or knowledge others will pay for.

Bitcoin isn't required for any of those things. But then I am not rich, so I can't say I really know what the way to do it is or whether bitcoin is required for it to happen.

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[Barrymore]

I suspect the road to getting rich involves things like being disciplined, making good decisions, developing skills, resources or knowledge others will pay for.

Bitcoin isn't required for any of those things. But then I am not rich, so I can't say I really know what the way to do it is or whether bitcoin is required for it to happen.

To get rich, you can always help the case, but it is not predictable. It does not need to focus only on bitcoin. It can happen in any business. But I think the best thing for you to work hard and learn to earn. So you will have more chance to get rich.

[sayaya17]

I suspect the road to getting rich involves things like being disciplined, making good decisions, developing skills, resources or knowledge others will pay for.

Bitcoin isn't required for any of those things. But then I am not rich, so I can't say I really know what the way to do it is or whether bitcoin is required for it to happen.

To get rich, you can always help the case, but it is not predictable. It does not need to focus only on bitcoin. It can happen in any business. But I think the best thing for you to work hard and learn to earn. So you will have more chance to get rich.

Yes correct, whatever that is to be rich not necessary only through from bitcoin, any skills we have provided who want to develop it and working hard definitely there will be the opportunity to make so we're  wealthy or work in the real world. Not to become rich it, at least be able to get enough money

[culuuton]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

[Fatanut]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

Uhmm. No.

Supposed for example I bought 10 bitcoins at $1000. And I sold them at a higher price which is $1001, I'm rich already? I don't think so. Where trading will take you depends on the amount of money you invested all in all and how much gains you have. Simply saying "buy low, sell high and Ta dah! You're rich" is correct only on a higher degree.

If you are going to trade everyday, I suggest that you look up altcoins as well. It's not every day that there's a good movement with the bitcoin market. Or you can do both. Hold bitcoins for a long time and then day trade altcoins. It all depends on you.

[D05GTO]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

How can he get rich if he buys only 1 bitcoin and sell at higher price as to get rich with bitcoins you also need to have huge amount of bitcoins in your wallet and you can become rich with 1 bitcoin only if price goes in millions in future which is unlikely to happen.

[gabmen]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

How can he get rich if he buys only 1 bitcoin and sell at higher price as to get rich with bitcoins you also need to have huge amount of bitcoins in your wallet and you can become rich with 1 bitcoin only if price goes in millions in future which is unlikely to happen.

That's applicable if you have quite a big capital. At this time, it's too expensive to even buy 1 whole btc. That could've been a very good idea a couple of years back. But there are still a lot of thinga we can do to earn btcs so there's really nothing wrong with targeting to be a millionnaire. With hard work and diligence, we may be able to achieve that

[mornabo]

It is too long to describe what have I passed so far, but bitcoin has changed part of my life. The achievement of bitcoin reach is my home now  
How about rich, I'm not sure for highpoint but I believe BITCOIN change my family be better  

rich? it was something said that is difficult to explain. even if you've got the money very much of bitcoin if you're not satisfied. you'd be say it can not be said to have been rich of bitcoin

[delliaerd]

It is too long to describe what have I passed so far, but bitcoin has changed part of my life. The achievement of bitcoin reach is my home now  
How about rich, I'm not sure for highpoint but I believe BITCOIN change my family be better  

Quite sure bitcoin can change your family's life be better, because if you got a great way to earn profit from bitcoin it becomes nice sources income.
Honestly my friend is a professional traders and i wanna be like him. He have a family now and living with trading bitcoin, if compared with society around him, he is included into one of rich person. Even he often Took his family to go on vacation out city.

[Pattart]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

Lol not that easy, I use this method at least more than 3 years and up to now I have not become rich from this method?
I think it takes more than this to get rich from bitcoin

[mkmdoc]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

How can he get rich if he buys only 1 bitcoin and sell at higher price as to get rich with bitcoins you also need to have huge amount of bitcoins in your wallet and you can become rich with 1 bitcoin only if price goes in millions in future which is unlikely to happen.

Exactly, bitcoin will make you rich only when the price of bitcoin reaches to more than 10,000$. But you should bitcoin at the present price and for that, you need to spend a lot of money to get 10 BTC. Bitcoin will make us financially free, but not completely rich.

[DrPepperJC]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

Yes. This is the essence of earning bitcoin. It is necessary to wait for the right moment when the price decreases and many in a panic sell cheaply bitcoin, and then sell at a bargain price when the crypto currency will rise in value. And so not only can you make money on bitcoins.

[Idrisu]

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?

currently, I only make bitcoin with a plan for investment then from there buy and hold bitcoin as a digital assets. I believe from now before the end of this year bitcoin values will increase and because of this no plans to withdrew for now not even converting to another altcoins.

[DoublerHunter]

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?

currently, I only make bitcoin with a plan for investment then from there buy and hold bitcoin as a digital assets. I believe from now before the end of this year bitcoin values will increase and because of this no plans to withdrew for now not even converting to another altcoins.

I don't think it is a good idea for you to just buy and hold bitcoin because it will give you slower results in reaching that get rich with bitcoin goal. If you really want to get rich with bitcoin then you should explore some ways in growing your bitcoin in a faster way like doing altcoin trading and also investing in different legit sites and also don't hesitate the ICO's projects but don't forget to study the project first before investing.

[deisik]

If you are going to trade everyday, I suggest that you look up altcoins as well. It's not every day that there's a good movement with the bitcoin market. Or you can do both. Hold bitcoins for a long time and then day trade altcoins. It all depends on you

That's the most common mistake that many wannabe traders are making

They earn something with Bitcoin on price volatility (basically using a Ping-Pong strategy), they become greedy and impatient having tasted easy money. And then Bitcoin market freezes for a week, they start searching for alternative ways to earn profits and ultimately they lose both their profits and likely initial capital in altcoins. There two major causes behind that. First, they should stick to Bitcoin, where the price in fact never gets frozen. As I always say in such case, the longer the price at a certain level, the stronger will be the next movement. This tactic of patient waiting has been proven right innumerable number of times. further, with altcoins, the Ping-Pong strategy doesn't work in general, i.e. when you buy and the price goes you, it is in most cases final, and there is no way back. In other words, with altcoins you can't wait oout bad times as you can with Bitcoin

[dawnasor]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

Buying Bitcoin in a lower price is good option to get rich but now Bitcoin price is very high and I cant afford now unlike in the early stage of Bitcoin like year 2012 we can buy more Bitcoin.

[VanDeinsberg12]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

Buying Bitcoin in a lower price is good option to get rich but now Bitcoin price is very high and I cant afford now unlike in the early stage of Bitcoin like year 2012 we can buy more Bitcoin.

The bitcoin price is unstable right now, anytime the big dump can happen, Just to prevent to get another loss, just buy on the red candle soon.

[ausbit]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

Buying Bitcoin in a lower price is good option to get rich but now Bitcoin price is very high and I cant afford now unlike in the early stage of Bitcoin like year 2012 we can buy more Bitcoin.

and BTW this method "buy low and sell high" will not make people rich anymore. this is a very old and out dated method of becoming rich.
no one will become rich with this method..it is only good for time pass or just as a part time work.

[marcuslong]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

Buying Bitcoin in a lower price is good option to get rich but now Bitcoin price is very high and I cant afford now unlike in the early stage of Bitcoin like year 2012 we can buy more Bitcoin.

The bitcoin price is unstable right now, anytime the big dump can happen, Just to prevent to get another loss, just buy on the red candle soon.

Big dummped will never happen on bitcoin anymore unless bitcoin become worthless to those using it or it will becoming dead soon but since bitcoin price now is rising for sure those holders are celebrating again big profit will came again to them. We are small earners here and were just follow the flow of bitcoin. People  nowadays are very lazy to do work with bitcoin thats why some of people don't afford to buy coins but theres an way to earn it this is where you need to search for it

[choppork]

If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

Buying Bitcoin in a lower price is good option to get rich but now Bitcoin price is very high and I cant afford now unlike in the early stage of Bitcoin like year 2012 we can buy more Bitcoin.

The bitcoin price is unstable right now, anytime the big dump can happen, Just to prevent to get another loss, just buy on the red candle soon.

Bitcoin will never ever have a stable price. Even when the all fiat currency was converted to bitcoins, there will still be stuffs like Digital Gold and other cryptocurrencies traded against bitcoins so the price will still be unstable. Anytime big dump can happen but at the same time, anytime a big pump can happen.

To all the other people that are wishing that they get back to 2012 and buy bitcoins, it's not going to happen. The famous quote: "The best time to buy bitcoins was years ago. Second best is right now."