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Author Topic: Bitcoin is instant way to get rich ?  (Read 69202 times)
Vishnu.Reang
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July 06, 2017, 03:32:25 AM
 #181

First you need to give the definition of rich. The standard definition of a High Net Worth (HNW) individual is anyone with a net worth of over $1,000,000. But some people may be having different criteria. Some will call anyone with assets more than $100,000 or $250,000 as rich. Anyway, let's come back to the topic. In order to get rich, you must have an initial investment. If you are unable to get this initial amount, then you can never get rich with BTC.
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July 06, 2017, 04:50:55 AM
 #182

buy bitcoin now and leave it
try checking on it 2-3 yrs after
then you realize you are rich already youll never know unless you try doing it
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July 06, 2017, 05:17:14 AM
 #183

what do you think about this topic?


I think it depends on the people on how he will handle his life so that he'll became a rich person. BTC is nothing to do in being rich because the hardwork and ofcourse the strategy of the person is the who will make him a rich person and nothing to do with the bitcoin. Bitcoin is just a currency and it will help you in many ways.

I agree, this bitcoin is just an stepping stone for all of us---for those who wants to be rich in the near future. Being a rich is a choice, if someone do really want to be rich, then he will do all the way in order to achieve his dreams, and if he just want to be rich today and not tomorrow anymore, then I guess this will all be useless.

If he knows bitcoin and he will not do it, if he will not be dedicated on doing such things then being a rich will be a dream forever.
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July 06, 2017, 05:31:07 AM
 #184

To get rich there is no instant way, but bitcoin is one of the best platform to make profit in a short period of time. Day by day Bitcoin is becoming a profitable currency which can be a great source of getting affluent. But you have to make clear understanding about Bitcoin then it would be useful for this purpose.
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July 06, 2017, 05:36:32 AM
 #185

If you just keep it. Maybe you will not get rich quick. Because storing bitcoins takes relatively time to make a profit. I think you'll get rich with bitcoin. Try to invest bitcoin .. choose an investment that you understand and trusted. So that later there will be multiple benefits. If a trader maybe you can use the bitcoin you have for trading .. because in trading profits can reach 50% more than your capital .. but also there is a risk that must be accepted. So I do not think bitcoin will make you instant rich. It takes struggle and sacrifice
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July 06, 2017, 08:05:34 AM
 #186

Instant is not what you should think about when investing in Bitcoin. Bitcoin truly opens up new opportunities. But it is never easy to make money. What I tried myself is margin trading. And if you are good at it, you can really make profit.
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July 06, 2017, 08:16:12 AM
 #187

So far, I can't find the second road which can make you become investor/shareholder/boss etc from an office worker in one year.

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July 06, 2017, 08:32:32 AM
 #188

I seriously don't underrstand why theres still so many of you who thinks that bitcoin is a instant way to get rich. i believe that there is no such a thing unless you will be doing

illegal things. but yes you can still get rich however it requires a great effort and time. in some situations where you have a huge capital you can get huge profits in less than a

year but if you're using a small capital like me it might take longer. the time depends greatly on the available resources around you and of course on the choices you made.

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July 06, 2017, 08:49:10 AM
 #189

I think this is wrong thinking, bitcoin present 2009 or 8 years ago, I think this is not a short time but the time is long enough. In addition, of course, there is the risk of loss.


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gribble
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July 06, 2017, 08:55:15 AM
 #190

what do you think about this topic?

No, bitcoins is not instant way to get rich because to get activate income from bitcoins or related with bitcoins is very difficult
although there are chance get rich from bitcoins but it will not instant way,
for example the people will be rich in trading and getting active profit, if they have strategy of trading that gives constant profit
and it will needs much time to be rich with trading bitcoins.
Lenzie
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July 06, 2017, 08:59:36 AM
 #191

I guess it's not an easy way to get rich. There is no easy way to get rich unless you are lucky in gambling. Everything takes hard work. To be rich you have to be persevered and diligent. Also you have to be patient.

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July 06, 2017, 09:39:13 AM
 #192

what do you think about this topic?

I think bitcoin will be the fastest way to get rich because bitcoin is the trend of the water. You have a large amount of bitcoin in the future you have a large income gap that will help you rich quick. This is the shortest route to success.
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July 06, 2017, 10:43:14 AM
 #193

Somebody says 'Yes' and Somebody says 'No'. People who trust on bitcoin will invest to get rich. Really, Bitcoin value is enlarging day by day. If you have trust, invest and get rich. It's up to you.
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July 06, 2017, 10:56:41 AM
 #194

For me, the answer is NO.
We can't get rich so easily by the help of bitcoin.
Yes we can earn from it but not that much.
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July 06, 2017, 11:05:59 AM
 #195

It should be like "bitcoin is an instant way to get richer from rich". Take a look at the current price of bitcoin if you buy, say, 10 bitcoin even then you will need about thousands of dollars to get them and if you have that many dollars then that means you're rich already from the perspective of most Asian and African countries. But in current situation when the prices of bitcoin are more volatile than before the chances are that you might end up losing even what you owned before buying bitcoins.

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July 06, 2017, 11:12:14 AM
 #196

Quote
Bitcoin is instant way to get rich?

Not really. Even the people that bought bitcoin at a really low price, they still have to wait for years before the price has increased this much. They may be rich by now but they had to discipline themselves to not to sell before even when they could have made a decent amount of money.

Newcomers also don't get instantly rich with bitcoin. We still have to mine, collect, earn, and trade bitcoins in order to earn money. It's basically the same thing as fiat. You do things, you get rewarded for that. The only advantage is that it's a lot easier and the price is always increasing. There are people that are lucky with bitcoins. Those are the people that have skills for services that are always in demand in this place like programming, designing, content creating, etc. If you're competent, then your journey towards getting rich is a lot shorter than others.

I just want to add that "rich" is subjective. A person that's rich in a developing country can have the same amount of money for someone who's just a working class in a first world country.

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July 06, 2017, 12:00:55 PM
 #197

I think bitcoin is not an instant way to get rich because we have to work hard and use the brain in bitcoin, and it's not that easy we achieve success from bitcoin because besides our hard work takes a lot of time. Besides we also need a lot of knowledge and experience of bitcoin even we also have to be patient to get what our target.
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July 06, 2017, 12:04:21 PM
 #198

May be. You will become rich with the bitcoin. But not sure, will get rich in immediate way or takes time. The price of the bitcoin increasing day by day, then you will have good financial position in the market.
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July 06, 2017, 12:17:53 PM
 #199

Bitcoin can be an approach to get rich, however not generally. More often than not, it has generally difficult to acquire bitcoins through its different ways. Mining - Very influence-hungry and costs a ton of cash to begin in any case. Exchanging - Usually works out for a gifted individual, in any case, there are dangers related with this. Openings, for example, employments and business-related thoughts typically rely upon the status of the individual we are discussing. Not all individuals are honored with circumstances that in a split second make them rich. Sadly, you can not state that Bitcoin is a moment approach to get rich as it depends on an excessive number of elements to make this conceivable
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July 06, 2017, 12:49:11 PM
 #200

For me, the answer is NO.
We can't get rich so easily by the help of bitcoin.
Yes we can earn from it but not that much.
Your answer is no, why? To me I think we can get rich by the help of bitcoin such as if we invest high amount of money in bitcoin due to its price will goes to increasing and in future after five or ten years I think the bitcoin price will be 5000$ or 8000$ ,so this way I hope we can get rich.
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