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Author Topic: The dream of getting rich with bitcoins  (Read 226064 times)
white.walker
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July 17, 2016, 08:57:09 AM
#21

the only non-risky way of becoming rich by bitcoins is to buy them and forget about them for atleast an year. If you are willing to take risks try investing in new alt coins after reading about them (buying any new alt coin will just end in a disaster) . best places to read about new and trending alt-coins are bitcointalk and reddit , make sure to use both. Just stay away from cloud mining though !

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July 17, 2016, 09:10:03 AM
#22

So far to answer ops original question i can say ive made a tidy profit so far,  I wouldnt want to say how much exactly but its nothing life changing. Unfortunatly for a life changing amount i would need to purchase way more bitcoins than i can afford. Maybe if i could get 100 bitcoins then i would be considered as rich some day once the price goes up a bit more but im never going to reach anywhere near that amount of bitcoin. Id basically need at least 100k per bitcoin to get rich as it stands, so thats not happening either Sad

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July 17, 2016, 09:28:11 AM
#23

Getting rich with bitcoins is impossible unless you got a big sum of bitcoin to start with or you will do illegal activities. Well one can earn money decently using bitcoin though. To answer Op's question I only earned a decent amount for 6 months using bitcoin enough for me to pay my tuition fees, books and have a pocket money for studying.
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July 17, 2016, 09:31:00 AM
#24

If you are just holding and always restore it to your wallet instead of spending it to gamble better to save it in your wallet while you are doing task here in our forum and receive bitcoin dont spend just always save it.. and expect for your future with bitcoin you can be still rich how you are multi tasker and hard worker..

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July 17, 2016, 09:43:16 AM
#25

You can also buy a hero | legendary member account here and join a high paying signature campaign. Reading this forums to enhance your bitcoin knowledge and making useful comments will kill two birds in one shot (pay+learn) . I'm afraid its not enough to get rich but its definitely something to keep you going. The only way you are going to get rich is by betting, gambling, black hat stuff.

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July 17, 2016, 09:44:34 AM
#26

So far i really lost a bit and really made also a little profit.
i really think the Mining Game is uniteressting after the halving..

There need to be another Price increase to get this going Wink

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July 17, 2016, 09:57:01 AM
#27

I have many dreams that I have to do and it seems like it takes more and more capital. I think if you want to realize your dream will be easier if you have a large capital

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July 17, 2016, 05:04:00 PM
#28

Earning good amount of bitcoin either needs lots of knowledge about crypto trading or lots of money and keep those bought coin for several months or even years. I find alt coin trading with even small amount of bitcoin to start, profitable but also risk is high.

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July 17, 2016, 05:32:31 PM
#29

When users enter bitcoin for the first time, everyone have the hope of earning much through bitcoin in a short term and becoming rich. I too thought the same, but when days passed understood the true nature and reality behind the earning of bitcoin and becoming rich.




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July 17, 2016, 05:41:27 PM
#30

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?

Starting from I start, i think I earn around 20 BTC in total, regardless of how much it is right now or how much it is back then.  I did lose some but not that much.  That is the investment to some scam ICO  and some betting.

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July 17, 2016, 06:12:08 PM
#31

For me bitcoins don't make you rich easy and fast but it allows you to give new options for earning money, etc.
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July 17, 2016, 06:22:54 PM
#32

no dough this is the best technology i have ever seen. and it is sure than with the course of time its price will increase up and up but we are facing a lot of  problems from the start maybe that's because its a new technology and people are getting hard time to accept it as a payment but soon they will join  us.
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July 17, 2016, 07:19:18 PM
#33

I have won some and I have also lost some. At the momemnt you don't need that much bitcoin to get rich beacuse the price is high but still it's not easy to get them. Unless you are doing some illegal activities or scaming people for Bitcoin.

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July 17, 2016, 09:09:05 PM
#34

Actually I think it is too late for new adopters dreaming to get rich through bitcoin, unless they have the enough capital to invest in an online business and get consistent bitcoin incomes.

But for most new users, trying to get their first btc and store it to wait for a sudden increase to $1000000, I think this is an unrealistic dream.
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July 17, 2016, 09:15:00 PM
#35

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?
It's possible if you collect bitcoin as much as you can, i've imagine the price of bitcoin will higher than other currency fiat in the future.

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July 17, 2016, 09:17:00 PM
#36

Earning good amount of bitcoin either needs lots of knowledge about crypto trading or lots of money and keep those bought coin for several months or even years. I find alt coin trading with even small amount of bitcoin to start, profitable but also risk is high.
I think if you want to make profits from trading altcoin you just need to know and understand one or several altcoin only. you do not need to see and understand all altcoin. you can understand about altcoin who would be your target and I think it is a good strategy to know when to pump and dump

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July 18, 2016, 01:12:35 AM
#37

Hold as many btc as you can afford as part of a savings strategy. Don't touch it. If you believe in crypto currency, then you should believe that your investment should mature at least 50% over the next few years. There is little risk in this strategy, and little effort; just park the coins in a paper wallet and break the seal when the price reaches the desired point.
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July 18, 2016, 02:11:17 AM
#38

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?


Being rich with Bitcoins armpits possible unless you have a bitcoin to a great start and I have many dreams I had to do and seem to need a lot of capital , my advice if you want to realize your dream will be easier if you have the capital enough. to answer the question I just get a decent amount , enough for me to pay for daily needs , and have pocket money for themselves.
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July 18, 2016, 04:33:17 AM
#39

Hold as many btc as you can afford as part of a savings strategy. Don't touch it. If you believe in crypto currency, then you should believe that your investment should mature at least 50% over the next few years. There is little risk in this strategy, and little effort; just park the coins in a paper wallet and break the seal when the price reaches the desired point.
I think it would be a much better idea to diversify your investments, with how much you put in crypto being related to how much you believe in it.  It seems silly to invest over half of your life savings in something that can lose 20% in a day and nobody blinks an eye.  There is very much risk in that strategy, as you don't have a exit point if things hit the fan to cut your losses.  Most people on here aren't whales that will have tons more disposable income to replace whatever they lose if it happens.

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July 18, 2016, 04:39:07 AM
#40

Hold as many btc as you can afford as part of a savings strategy. Don't touch it. If you believe in crypto currency, then you should believe that your investment should mature at least 50% over the next few years. There is little risk in this strategy, and little effort; just park the coins in a paper wallet and break the seal when the price reaches the desired point.
I think it would be a much better idea to diversify your investments, with how much you put in crypto being related to how much you believe in it.  It seems silly to invest over half of your life savings in something that can lose 20% in a day and nobody blinks an eye.  There is very much risk in that strategy, as you don't have a exit point if things hit the fan to cut your losses.  Most people on here aren't whales that will have tons more disposable income to replace whatever they lose if it happens.
it so hard to take that risk if you are not a big heart player investing with btc without much knowledge with the flow can't recover easily when heavy dump happen so i think this idea is good to follow place an investment to another place making sure that you still have alternative to recover loses.

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