New rich people thanks to BTC

[iamTom123]

I am sure that there many Bitcoin holders who are right now millionaires thanks to the rise of the value of Bitcoin. Investment-wise, the rate of return can be staggering especially in the face of the banking glut where deposits are earning almost nothing and even the safe haven called gold has been flat for years now.

Bitcoin then is representing a fresh and a better way to make money even if you are doing nothing but just hodling the currency somewhere. This can be the reason for the rise of speculators.

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[Reid]

Thanks for the computation.
And also for letting readers know how awesome bitcoin is just by keeping it.
We know there have been a lot.of ups and downs but here it is.
Just 404 and you got a lot of money.
How about those who keep thousands of it before.
They are now laying with money all over their bed.

[Pattart]

Basically they are rich now because they invested and they are not easily sell for a small hype of bitcoin as you can in the graph or chart of the bitcoin, The bitcoin price is growing since it was created so if you sell in small hype you will just lose the opportunity so I think they have the patience to wait that's why they are rich now.

I think people can be rich not to be patient because of long-term investments they do. Many people are using trading to get rich? They have little patience but they can become rich because of short-term investments (trading)

[Nahl]

indeed that was amazing and i can't imagine the profit for those who holding bitcoin since 2015 because since the value of bitcoin was increase they already got tons of profit however your analysis was very interested and i didn't realize that people only need get 404 bitcoin currently if they want to get rich $1 million but those amount is impossible to me to collect it

[shafi alam]

its totally cool, cause who keept BTC those  he/she earn/invested. now they are become rich. its just like magic.

[Russelmain]

its totally cool, cause who keept BTC those  he/she earn/invested. now they are become rich. its just like magic.

I would also be happy to talk to Bitcoin in my financial condition and do not even need to talk about rich people. Bitcoin gives many opportunities today to different segments of the population. Of course, not all people know about the crypto currency, but there is still a circle of people who use Bitcoin. And the rich became rich with the help of Bitcoin Only by chance.

[TitanGEL]

Many people are now entering the world of cryptocurrency it is because they know that they will become rich. Bitcoin gives a  big opportunity to become rich. Thanks to bitcoin because many people are now rich.

[Seeker01]

we are here in crypto world because we all want to become rich, a lot of people become rich because of bitcoin sadly that time i was not there but now i am hoping for me to become rich with a help of bitcoin i know it takes time and a lot of patience but one day i will be there.

[Finestream]

we are here in crypto world because we all want to become rich, a lot of people become rich because of bitcoin sadly that time i was not there but now i am hoping for me to become rich with a help of bitcoin i know it takes time and a lot of patience but one day i will be there.

Obviously that is the main goal, we will be rich soon if we will continue to take bigger risk in our journey, bitcoin community is getting bigger and we are benefiting on that because it will generate more money to come which would eventually make the market bigger.
As long as we focus in a money generating activities like trading and investing, it will not take a lot of time to reach our goal to be rich.

[Faiyz]

we are here in crypto world because we all want to become rich, a lot of people become rich because of bitcoin sadly that time i was not there but now i am hoping for me to become rich with a help of bitcoin i know it takes time and a lot of patience but one day i will be there.

Obviously that is the main goal, we will be rich soon if we will continue to take bigger risk in our journey, bitcoin community is getting bigger and we are benefiting on that because it will generate more money to come which would eventually make the market bigger.
As long as we focus in a money generating activities like trading and investing, it will not take a lot of time to reach our goal to be rich.

Without also being so careless because from what i see, analysis or even speculations are important factors for the kinds of trades. Because if we compare just even 5 years ago, no would think this would become a multi million project. Some just went on there lives and some have analyzed the outcome of bitcoin thus enabling them to do risks and look at them now, they earn big whilst people who just recognize btc now are just learning to learn tricks.

[KnightElite]

That is the reason why many people are investing in the bitcoin. The value is always rising up and the good thing is you can a lot of money by investing. Many peoplenare now rich because of the btc and many people will become rich because of the btc.

[babsalt1975]

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.

Those people who were optimistic and patient are now rich. I remember there was a day I had 10 btc when the price was around $250. I ended up selling all of it even gambled some and lost. it is now that I am regretting why I was so blind at that time. By now I could be a few millions rich

[kurniawaN]

Unfortunately, I entered this exciting bitcoin world quite late and by now it is not so easy to purchase as many bitcoins as it was at the beginning.

However I am hoping that we are still at the beginning of this new era and bitcoin still has a lot to grow, so I will continue to accumulate the few bitcoins I can save while the price is still relatively accesible, even though perhaps only early adopters will have an enviable wealth that I will never be able to reach.

I start saving BTC quite late too...
But better being late than never. I even scrapping BTC penny by penny

[pacifista]

I know someone who became millionaire because of bitcoin. Were friends since high school and seperated when we are  college. Hes active on different investment from year 2012.  He bought 120 bitcoin when the price of it went at 200$.  He sold all of them at 2000$ price. He waited 3 years and worth it.

[Dr.Osh]

I think so many new rich people when bitcoin prices start above $ 2500. Well, if someone thinks more than 15 btc, I think many people are getting rich by that, especially if they start making business in the real world. I hope I become one of them

[Sled]

I think so many new rich people when bitcoin prices start above $ 2500. Well, if someone thinks more than 15 btc, I think many people are getting rich by that, especially if they start making business in the real world. I hope I become one of them

You can be one of the rich people because of bitcoin in the future if you will just continue the hard work and if you will try to improve yourself day by day and because of those improvements you will see a better you which is the biggest helper to make your dreams come true and not only be rich but be a freaking rich person.

[anume123]

yeah some people right now is rich because some people is using bitcoin from year 2013 so that people is using bitcoin in year 2013 so the 1BTC in 2013 price is 15 thousand pesos here in the philippines so this year now 1BTC now is 128,100 thousand for this day. people starting in year 2013 is one of the millionaire now good to know for that if i know Bitcoin in 2013 im the one millionaire right now huh.

[xLittlegirly]

Yes for sure ! some people had brain and invested on btc before few years . Now they are too much rich because they holded those coin.
I have never hold coins as the price go up and down .

[Netnox]

One of my friends asked me to purchase Bitcoins in 2011. At that time, the exchange rate was around $4 per coin. At that point of time, I chose to ignore his advice. I even mocked at him for putting his trust behind a ponzi scheme. But I purchased the same coins in 2014, at around $700 per coin. Had I followed the advice of my friend in 2011, then I'd have been a millionaire now.

[MissGrey]

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.

Many of them were already millionaries, they are just keeping their wealth safe in case fiat currencies plummet or an economic crisis takes place.

Yes, in fact, today I read an article by CriptoNoticias about a Norwegian investor that sold ALL his stocks in The Norwegian stock market and switched it all for Bitcoin. He has analyzed the market for severals year and he says that Bitcoin still doesn't touch the top. Personally, I think is a big risk that rich people have been taking for saving his wealth.

I will leave the article, it is in Spanish: https://criptonoticias.com/adopcion/all-in-bitcoin-inversionista-noruego-vendio-compro-criptomonedas/#axzz4jr0iD4Wm