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Author Topic: Want to Be a Millionaire? Two Main Rules of Bitcoin Investing  (Read 3048 times)
OmegaStarScream
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January 01, 2017, 06:31:54 AM
 #1

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

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January 01, 2017, 07:44:35 AM
 #2

I think this is a bad way of thinking about bitcoin and advertising it. "get rich quick with bitcoin!"

whenever I tell anybody about bitcoin, be it a friend or family or someone on the internet, I have always tried to stick to the benefits of it being used as a currency not an investment. and we need more users who adopt bitcoin as a currency in my opinion, rather than more speculators to play around with the price and make more $$$ in return when they dump and exit.

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January 01, 2017, 07:51:02 AM
 #3

Wow what a load of crap! 2 main rules of Bitcoin investing - given examples of an early adopter, the guy who bought the 10k coins pizza and a couple of bullshit long-shot speculators giving 'estimations'. Wow  Grin

I want to shake the hand of the person who wrote this.

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January 01, 2017, 08:09:26 AM
 #4

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing
Will be hard or maybe never happen again, becomes a Norwegian that has large of money because purchased bitcoins worth $26,6 in 2009.
Because it was past time, I am doubt bitcoin's price will back to $26,6/BTC Cheesy
Right now the best solution is looking for altcoins that has potential the price will increasing every , days, month or years.
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January 01, 2017, 09:08:23 AM
 #5

Wow what a load of crap! 2 main rules of Bitcoin investing - given examples of an early adopter, the guy who bought the 10k coins pizza and a couple of bullshit long-shot speculators giving 'estimations'. Wow  Grin

I want to shake the hand of the person who wrote this.

i am not even going to click on that link because i will never read anything from cointelegraph, it is all crap click baits with poorly written articles and sometimes even they hype and altcoin to get pumped and they get paid.

and it is interesting when i see these news sites only talk about moon and becoming rich, etc when price has already risen and they are sure it is not going to go down.

this article would have been worthy of reading if it was posted in the beginning of 2016 or even in 2015 when price was low and everywhere was full of FUD.














 

 

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January 01, 2017, 09:19:49 AM
 #6

Yes, I always believe in the crypto currency. it will bring many earnings for us if we try to seek which crypto currency has bright future and hold it for long term . I also look at some small crypto currencies with very cheap price and total coins under 100mil coins beside that this coin does not creat many coins leading to big inflations . That is my simple idea .
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January 01, 2017, 10:17:20 AM
 #7

Not much could be taken away from articles like that. Total bs.
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January 01, 2017, 10:27:00 AM
 #8

I thought there is something new and interesting to read, but it is all old things which we already know.
Who does not know that someone should and hold the coins in order to get profits out of it? And there is no one in the world who does not try making their money safe, it is a natural thing that a person or even an animal always hides what they like somewhere where no one can find them.


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January 01, 2017, 10:49:06 AM
 #9

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

The guy' s a bit lucky i think, if it were true. 26.60 is pretty much a forgettable amount for investment and who would've known bitcoin's price would surge this high right? I don't think he even thought about what he bought and just left it until the price of btc became really significant. Perhaps one of the current alt coins right now are also destined to be priced like btc in the future, we'll never know

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January 01, 2017, 05:04:14 PM
 #10

These kind of articles are great to attract new people into bitcoin and other crypto currencies but these sort of stories are good as the people who started mining and using bitcoin during the initial phase are really millionaires by now and that is how everyone hope so because i do think people do book their profits long back and you really cannot evaluate the price according to the current valuation as i know people who sold coins when it was less than a $100 thinking it is the highest it can get.


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March 25, 2017, 03:57:20 PM
 #11

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that  here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.

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March 25, 2017, 05:06:27 PM
 #12

I don't think this kind of strategy won't work anymore due to its price and popularity right now. Unlike before where the price is very low because it isn't known by people and and a few want to use them. It's better to wait to some things that is newly launch like altcoins, maybe, that will last years.
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March 25, 2017, 05:07:49 PM
 #13

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that  here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.
did you read this articles or not because you really don't understand what article means and inside it already mentioned that buying bitcoin and keep them wisely untill the particular times will makes you became an millionaire and i think that make sense because the price will high year by year so directly the profit will so huge and i think this is also good options and currently i'm consider to try it

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March 25, 2017, 05:48:26 PM
 #14

I don't think this kind of strategy won't work anymore due to its price and popularity right now. Unlike before where the price is very low because it isn't known by people and and a few want to use them. It's better to wait to some things that is newly launch like altcoins, maybe, that will last years.


We complain when the price is low, we all know that popular materials gold itself goes down by its price sometime. it happens in everything. so what we have to do is we must have patience so that the price goes high again and we can reap the benefit from it. reason why bitcoin is best part of investment is simple : we get profit from it by holding the coin, if you are smarter enough by trading you can earn well.

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March 25, 2017, 06:09:36 PM
 #15

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that  here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.

To earn in btc is not so easy as we think, it requires lot of hardwork. first we need to understand how it works, we must have the patience because of the price fluctuation which disturb sometime. need to spend more time on btc to learn about it more and to do the business. without trading we cannot earn more. one thing btc is doing to us is it is not making us millionaire but giving us extra income which is making us fulfill our daily needs.
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March 25, 2017, 06:28:52 PM
 #16

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that  here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.


Any industry it is same because until we give our best shot at something we will not earn more. earning in btc also not so easy we must be skilled about btc, we need to learn more about trading. if we have enough resource of income and this am telling to the person who is very good at btc, mining is one of the way where they can make more money. but it is risky. if we want to play safe then sorry becoming millionaire is not possible.

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March 25, 2017, 06:34:13 PM
 #17

We can read in this article that "there's a 50/50 chance that 100 BTC will be worth $1 mln USD within 35 years".
Ok, great perspective, fifty-fifty chance that someone will be even more rich when he/she already rich, wow!
I don't have 100 BTC I am not even remotely close, I joined the race too late to be able to purchase BTC at really low price.
Plus, after 35 years I will be probably dead anyway so what is the point?


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mattermaster
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March 25, 2017, 06:38:49 PM
 #18

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

You are right. Bitcoin is the only way to make and gain the wealth. Even a starter like me can grow their wealth. It was really an incredible moment when i got some good profits from bitcoin trading, then why can not others

sandor111
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March 25, 2017, 06:55:25 PM
 #19

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that  here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.


We cannot give only 2 rules to become millionare not in btc but anywhere. you have to take lot of steps and you have to use your time much effectively then only you can earn in millions. But best things what one can do here in btc is trading which requires good knowledge of btc world, do some freelance project which will give the regular income and you can enhance your skill. 

Luno
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March 25, 2017, 07:13:28 PM
 #20

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that  here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.


We cannot give only 2 rules to become millionare not in btc but anywhere. you have to take lot of steps and you have to use your time much effectively then only you can earn in millions. But best things what one can do here in btc is trading which requires good knowledge of btc world, do some freelance project which will give the regular income and you can enhance your skill. 

if you want to earn more in the btc, try to learn as much about btc, do trading, if you are having good resource then go for mining where you will create you own money not so easy, to become a millionaire you must take these steps. otherwise if you want to play safe then invest as much on bitcoin, do trading which is not much riskier than the mining but it requires lot of knowledge of btc, for sure you will learn the things fast the way you explore here.   

                                                                               
                
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