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Author Topic: New rich people thanks to BTC  (Read 38267 times)
Cosbycoin
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July 16, 2017, 09:43:10 PM
 #381

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.
that should be the worst decision for you isn't it? too bad you are not one of high risk taker. and i believe this kind story have been experienced by a lot of people around the world, bitcoin has made everyone regret and proven that they are all wrong 6 years ago. don't too deep fall in that king regret , get up and start a new journey from now , there's no time to keep thinking what you have done in the past.

Yeah, it's sound so bad actually but we cannot hold on and go back to the past. We have to move on and face the reality that we came to that situation but face it with no regrets because at first you doubted. all you have to do now is try to earn it, invest there and make some profit at least you are not yet late because there are more to come.

It was a risky decision to invest in 2011 and it was a risky decision to invest in 2014. The fact of the matter is, those who took risks in those years are reaping the reward now. Some people will be happy to make safe investments and not take any risk.
It sounds intriguing, but we should not forget that risk most often ends in failure. You know how many lives broke the risk to the casino. If the person is not ready to lose their savings, he should not risk.

Definitely.  The higher the risk, the higher the gain.  If you will not try or do not want to do some risk, you will never get a good income.  And true thay many lives and families got broke literally and got broke financially.  Because you always have to invest the money that you want or it is okay for you to lose.
The risk in investing in bit coin is very low. It is an understood fact that bitcoin only has been increasing per day and rarely has anyone seen an decrease in the value of bitcoin. Whereas other investments are always static in which the risk factor of loss is relatively high.
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July 17, 2017, 02:07:52 AM
 #382

I agree that a significant rise in the price of bitcoin will make the new rich, and I hope to become a rich man in 10 years. And now I will buying bitcoin and keep for at least 10 years.


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Theb
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July 17, 2017, 03:38:16 AM
 #383

I agree that a significant rise in the price of bitcoin will make the new rich, and I hope to become a rich man in 10 years. And now I will buying bitcoin and keep for at least 10 years.
I don't think keeping Bitcoin or any Cryptocurrency in particular be a wise move to be kept for 10 years. Even if we count Bitcoin as a form of investment it is really different from real assets such as stocks and real estate. Bitcoin is a volatile currency meant to be traded but not invested. A 10 year holding period for Bitcoin will be considered risky as we don't know what future it will hold with a lot of uncertainties.

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Sadlife
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July 17, 2017, 04:02:08 AM
 #384

That's why people you should store and continue investing in bitcoin in 2015 you need to have 4000 plus bitcoin to get rich but now all you need is 404 btc for only 2,000,000 million plus to get it. No wonder many institutional businessmen and investor decided to invest millions of their fiats to bitcoin. Who knows, maybe after the implementation of segwit2x and bip148 the price may skyrocket once again and we will only need 1 bitcoin to be millionaires as many people will get interested in using bitcoin and investing into it.

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July 17, 2017, 05:00:20 AM
 #385

Many people have become rich as of bitcoin as they have invested at the right time, at the start. They are making good money from trading and maybe also selling their services online for bitcoin payments. As the years progress, their earnings also increase as the value of bitcoin increases. However, I would say that the value of bitcoin will only increase and there is still time to buy up and in a few years become a millionaire. After the implementation of Segwit2x, we should see the value skyrocket and grow higher.
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July 17, 2017, 05:04:50 AM
 #386

I agree that a significant rise in the price of bitcoin will make the new rich, and I hope to become a rich man in 10 years. And now I will buying bitcoin and keep for at least 10 years.

After the price decrease it is now the time for the holders to celebrate. And its very possible to see the price of bitcoin make everyone here rich depending on how you believe that you can do it with bitcoin. Becoming rich is the happiest day of every bitcoin holder and thats very possible to happen in bitcoin.



 

 

 

 

 

 


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July 17, 2017, 05:40:56 AM
 #387

I agree that a significant rise in the price of bitcoin will make the new rich, and I hope to become a rich man in 10 years. And now I will buying bitcoin and keep for at least 10 years.

After the price decrease it is now the time for the holders to celebrate. And its very possible to see the price of bitcoin make everyone here rich depending on how you believe that you can do it with bitcoin. Becoming rich is the happiest day of every bitcoin holder and thats very possible to happen in bitcoin.

if we can follow the holders to buy, then we are lucky because we can buy bitcoin in lower price and we only need to hold until the price is back like before and reach more high price. i am sure that beside many traders panic with the price, there is always some people that using this opportunity to make re-order buy in low price so they can have more bitcoin this time.

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July 17, 2017, 06:13:51 AM
 #388

Many have become millionaire due to Btc . Thier right time investment have made them today what they are . Also it is adding the income to many normal people as well in thier daily routine through campaign , trading and Freelancing.


Now it's not so easy to find a freelance job that would be paid by bitcoins. Therefore, you can not make big money on this. The millionaires were those who bought this coin several years ago and, despite everything, did not sell it until now

I don't think it is the end of the story now because if you don't buy now and store them then you will say again the same thing after few more years. Who ever bought Bitcoin in this crisis movement all have become rich so try to buy in small quantities whenever prices go down and accumulate it. Surely you will make a very good profit after couple years because now on expecting more and more businesses will start accepting bitcoins and its demand and price will go sky high in future.
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July 17, 2017, 07:28:45 AM
 #389

I can only stare in awe at the figures presented. What a quick and very relax way to make so huge money in a very short time. I think we also have this opportunity today as the price of bitcoin is like going back in the old times. $2000 is reached already. I am hoping that this year 2017 will see bitcoin price at $4000. That's double.

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July 17, 2017, 07:43:27 AM
 #390

I agree that a significant rise in the price of bitcoin will make the new rich, and I hope to become a rich man in 10 years. And now I will buying bitcoin and keep for at least 10 years.
The possibility to get rich from bitcoin is wide open especially if you have a lot of bitcoin and the price goes up very high, Surely you can become rich with instant, but make sure you already know the risks, If you prepare to become rich from bitcoin you must also be prepared to be poor because prices fall by more than 50% in bitcoin market is very often
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July 17, 2017, 09:12:38 AM
 #391

Definitely they realized that they are now belong to the million dollar club.  But as a bitcoin enthusiast the only millionaire in their eyes, probably, is have million BTC.  Cheesy.  In fact being involved in BTC activities every day makes me forget that my national currency is not Bitcoin but rather Peso, I believe this happen to many of us especially those who have thousands of BTC in their stash.
Yes I'm also bery thankful that I founded this site, I found out about bitcoins. It helps me from my financial needs, but as what he says, as a bitcoin enthusiast we almost disregard the real currency in our nation. We focused a lot more on bitcoins instead of peso, for us millions pero is not enough but millions of bitcoins is a must and a dream for us.
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July 17, 2017, 09:36:37 AM
 #392

I agree that a significant rise in the price of bitcoin will make the new rich, and I hope to become a rich man in 10 years. And now I will buying bitcoin and keep for at least 10 years.

After the price decrease it is now the time for the holders to celebrate. And its very possible to see the price of bitcoin make everyone here rich depending on how you believe that you can do it with bitcoin. Becoming rich is the happiest day of every bitcoin holder and thats very possible to happen in bitcoin.

if we can follow the holders to buy, then we are lucky because we can buy bitcoin in lower price and we only need to hold until the price is back like before and reach more high price. i am sure that beside many traders panic with the price, there is always some people that using this opportunity to make re-order buy in low price so they can have more bitcoin this time.

I'm doing it , reading some signals from the traders and you can actually find them here in forum. You just have to have the guts to get some time of buying some bitcoin at the right time. This is trading, most of the people that are becoming rich are the ones who are having right decision to buy and sell bitcoins and alt coins.



 

 

 

 

 

 


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WrT
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July 17, 2017, 10:06:24 AM
 #393

AS many replied on this thread, it's just few geeks that got richer and now the rich are getting richer. And non of them is gonna come here and flash their wealth lol

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July 17, 2017, 12:29:15 PM
 #394

Don't forget the last bitcoins won't be mined until around 2140 guys.. It's not too late to get a slice of the pie.

It might just take a bit more work.

https://Investex.Pro  - Green Mining Operations & Mining Store...
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July 17, 2017, 01:39:37 PM
 #395

Those people who hold their coins for long time they really had the future for this and yeah they can really say thank to bitcoin because of bitcoin they are now millionaire like what the kids did on his self after investing his money to bitcoin when he was 12 years old. Don't forget always about bitcoin coz this is the only way we can make money.

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July 17, 2017, 03:08:18 PM
Last edit: July 17, 2017, 04:44:57 PM by BitcoinPC
 #396

Probably we already will not see such sharp height of price on биткoин as in 2013. To become a millionaire very temptingly, but what then. I am afraid that in one day a price can fall down and all who was a millionaire will become poor. you present as it awfully. Better always to be in the middle.

It is a little slump but no longer it will remain something happen bad might be that's why it fell down when i m enter in investment in bitcoin, i took a lot of profit but i admit that some time i loss but overall i m in profit. I suggest keep investing in bitcoin with patience u will become rich also working on bitcoin news it will help u stuck in profit.
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July 17, 2017, 06:00:09 PM
 #397

I appreciate mate you have done a good statistical analysis, i agree that people are getting rich by using bitcoins. I am sure that the newl rich people realized the worth and power of bitcoin. Grin
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July 20, 2017, 02:45:46 AM
 #398

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.
that should be the worst decision for you isn't it? too bad you are not one of high risk taker. and i believe this kind story have been experienced by a lot of people around the world, bitcoin has made everyone regret and proven that they are all wrong 6 years ago. don't too deep fall in that king regret , get up and start a new journey from now , there's no time to keep thinking what you have done in the past.

Yeah, it's sound so bad actually but we cannot hold on and go back to the past. We have to move on and face the reality that we came to that situation but face it with no regrets because at first you doubted. all you have to do now is try to earn it, invest there and make some profit at least you are not yet late because there are more to come.

It was a risky decision to invest in 2011 and it was a risky decision to invest in 2014. The fact of the matter is, those who took risks in those years are reaping the reward now. Some people will be happy to make safe investments and not take any risk.
It sounds intriguing, but we should not forget that risk most often ends in failure. You know how many lives broke the risk to the casino. If the person is not ready to lose their savings, he should not risk.

Definitely.  The higher the risk, the higher the gain.  If you will not try or do not want to do some risk, you will never get a good income.  And true thay many lives and families got broke literally and got broke financially.  Because you always have to invest the money that you want or it is okay for you to lose.
The risk in investing in bit coin is very low. It is an understood fact that bitcoin only has been increasing per day and rarely has anyone seen an decrease in the value of bitcoin. Whereas other investments are always static in which the risk factor of loss is relatively high.
This is not exactly right, bitcoin like all other investments have risks, we must not forget the big crash that happened not so long ago, and things at the moment are also very tense due to segwit activation, but in the long run bitcoin has gone up consistently and that is the most important thing, to have consistency in the long term, that is why there are so many long term holders of bitcoin despite the ups and downs on the market.
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July 20, 2017, 04:44:56 AM
 #399

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.




Most of the people that have gotten rich from bitcoin are probably the ones that got in very early like early 2013 or before. The rest of us are trying to catch up.

Yes you're right sir, it is better if we started earlier before. I am frustated that I wouldn't start bitcoin as soon as possible. I hear about bitcoin before from my friends but I do ignore it. Maybe if I started earlier I am a millionaire already.
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July 20, 2017, 05:13:38 AM
 #400

Definitely they realized that they are now belong to the million dollar club.  But as a bitcoin enthusiast the only millionaire in their eyes, probably, is have million BTC.  Cheesy.  In fact being involved in BTC activities every day makes me forget that my national currency is not Bitcoin but rather Peso, I believe this happen to many of us especially those who have thousands of BTC in their stash.

Yes, many things we forget when we are now on a million peso environment. They forget to thank god who bless him or her, and it seems that his real job is now resigning.

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