|
traderethereum
|
 |
July 08, 2017, 12:35:45 PM |
|
Not for now I guess. It was before when the value of bitcoin is almost equal to nothing. By the time bitcoin soars very high, people who have bitcoin became instant rich. But now that 1 bitcoin is already $2500, we might be waiting for a very long time for us to get rich. But the value is still growing fast, although not as fast as before of course.
agree with this because with the high price now, there are too expensive for us to buy bitcoin and its only makes profit for people which is buy bitcoin in a year ago. bitcoin is only an instant way to get rich for some people that still holding their bitcoin in the long time ago and now they can makes some party because of the bitcoin price is increase too high. |
|
|
|
|
linkme
|
|
July 08, 2017, 01:05:46 PM |
|
Not for now I guess. It was before when the value of bitcoin is almost equal to nothing. By the time bitcoin soars very high, people who have bitcoin became instant rich. But now that 1 bitcoin is already $2500, we might be waiting for a very long time for us to get rich. But the value is still growing fast, although not as fast as before of course.
Yeah as Bitcoin price has been so high, we can not make a really high profit instantly. Even people who bought Bitcoin at 13$ in the past, they didn't get rich instantly, they had to wait for a long time to get rich themselves. |
|
|
|
|
thanh806t
Newbie
 Offline
Activity: 3
Merit: 0
|
|
July 08, 2017, 01:42:30 PM |
|
Bitcoin is not a get-rich-quick scheme that end up being some kind of a scam every-time, bitcoin is a convenient system for conducting transactions online and worldwide, as well as hedging and trading for those interested in that, enabling them to get some funds from bitcoin, and even holding for a bigger price increase, but that isn't necessarily a quick process.
|
|
|
|
|
|
Vishnu.Reang
|
|
July 08, 2017, 01:57:57 PM |
|
Bitcoin is not a get-rich-quick scheme that end up being some kind of a scam every-time, bitcoin is a convenient system for conducting transactions online and worldwide, as well as hedging and trading for those interested in that, enabling them to get some funds from bitcoin, and even holding for a bigger price increase, but that isn't necessarily a quick process.
Bitcoin was originally designed as a currency. But the principle of controlled supply makes it an attractive investment asset. And since the supply is not rising with respect to the increasing number of users, we can expect the BTC to give a significant ROI for the next few years, or even decades. |
|
|
|
|
|
gandame
|
|
July 08, 2017, 02:01:45 PM |
|
what do you think about this topic?
I think bitcoin is a good way to make money but not an instant to make you get rich you need to a experience all the consequences on bitcoin before you earn money. And you need to learned more about bitcoin before you enter and invest. |
|
|
|
|
|
CODE200
|
|
July 08, 2017, 02:03:20 PM |
|
Bitcoin is not a get-rich-quick scheme that end up being some kind of a scam every-time, bitcoin is a convenient system for conducting transactions online and worldwide, as well as hedging and trading for those interested in that, enabling them to get some funds from bitcoin, and even holding for a bigger price increase, but that isn't necessarily a quick process.
For me this is quick not in bitcoin itself but the opportunity in the web using bitcoin and earning it because the way of income has been increase since the bitcoin created so that if you will have to work in some kind of services just like bounty campaign and etc. That is the best way to earn bitcoin and the time you will spend is only in house using computer only. |
|
|
|
|
|
dady12
|
|
July 08, 2017, 02:06:45 PM |
|
to an extend it can be an instant way of getting rich and it can also be an instant way of getting poor if you make a wrong approach,you can put all your money in bitcoin and your wallet can get hack and you loss all your money that way,those who bought bitcoin 3years ago when the price was fair have make alot by this time selling it at higher price,I will advice everyone to put what ever you can afford to lose ,
|
|
|
|
|
|
cotton ball
|
|
July 08, 2017, 02:11:08 PM |
|
Bitcoin is not a get-rich-quick scheme that end up being some kind of a scam every-time, bitcoin is a convenient system for conducting transactions online and worldwide, as well as hedging and trading for those interested in that, enabling them to get some funds from bitcoin, and even holding for a bigger price increase, but that isn't necessarily a quick process.
For me this is quick not in bitcoin itself but the opportunity in the web using bitcoin and earning it because the way of income has been increase since the bitcoin created so that if you will have to work in some kind of services just like bounty campaign and etc. That is the best way to earn bitcoin and the time you will spend is only in house using computer only. The idea of bitcoin schemes is an instant way to get rich quick is an online investment side view (HYIP), this is very different from the understanding of investment deposition in-wallet or investment in the trading market. From the second option, I strongly agree that bitcoin is an instant scheme, the most important is not an instant factor, but our understanding of risks management that will surely be faced, we really need this. |
|
|
|
|
YuginKadoya
Legendary
Offline
Activity: 3038
Merit: 1169
|
|
July 08, 2017, 02:20:08 PM |
|
Bitcoin is not a get-rich-quick scheme that end up being some kind of a scam every-time, bitcoin is a convenient system for conducting transactions online and worldwide, as well as hedging and trading for those interested in that, enabling them to get some funds from bitcoin, and even holding for a bigger price increase, but that isn't necessarily a quick process.
For me this is quick not in bitcoin itself but the opportunity in the web using bitcoin and earning it because the way of income has been increase since the bitcoin created so that if you will have to work in some kind of services just like bounty campaign and etc. That is the best way to earn bitcoin and the time you will spend is only in house using computer only. The idea of bitcoin schemes is an instant way to get rich quick is an online investment side view (HYIP), this is very different from the understanding of investment deposition in-wallet or investment in the trading market. From the second option, I strongly agree that bitcoin is an instant scheme, the most important is not an instant factor, but our understanding of risks management that will surely be faced, we really need this. We really need bitcoin to the full extent of earning it, but I really think this is not an instant thing you can surely invest on bitcoin but you can not get rich instantly, you will certainly need skills and effort in earning big with bitcoin and yes the risk involve in every trading and investment within bitcoin is so real that we simply need experience to surely work out our bitcoin journey. |
|
|
|
|
|
magmar
|
|
July 08, 2017, 02:53:43 PM |
|
what do you think about this topic?
I think it depends upon the person who used it. It also needs some patience, hard work and discipline. Yes it an easy way but it's not instant you need to wait for the right time you need to think if the price is right. But if you're wise enough when it becomes to investment and avoid gambling. |
|
|
|
|
|
zvezdopad27
|
|
July 08, 2017, 02:58:00 PM |
|
You can get rich If you think and plan your work by buying bitcoins at a lower price ans selling them at higher price. everything comes out of vision.
|
|
|
|
|
|
MetalGear
|
|
July 08, 2017, 03:00:50 PM |
|
what do you think about this topic?
Yes bitcoin is an instant way to get rich because in bitcoin you will be needing less of your time and less of your effort in able to gain more moneh In bitcoin you will not invest so much money in able to make your money grow you just need to work in a short preiod of time. |
|
|
|
|
|
johndec
|
|
July 08, 2017, 03:05:42 PM |
|
Bitcoin tradings are going beyond its expectations and the market is really volatile compared to other markets. so, it works out for me and i can become rich by investing in bitcoins in a long run.
|
|
|
|
|
|
bitKaBoom
|
|
July 08, 2017, 03:14:14 PM |
|
The instant way to get rich is to use your brain  |
|
|
|
|
|
South Park
|
|
July 08, 2017, 08:42:53 PM |
|
Those people bought thousands of bitcoin in the year of 2009 for sure it will become instant rich right now if they sell their bitcoin but count to think of it they need to wait 8 years before they achieve the sucess. So no instant . Patience is virtue and also hardworking is needed to become rich. And also you need a lot of knowledge and skills. I hope someday I become rich with the bitcoin.
But that is not getting instantly rich, they had to wait 9 years for that to happen, and they invested in something they did not know if it was going to become a success at all, I think those that want to become rich really need to invest in altcoins rather than in bitcoin, once you have enough money you can switch to bitcoin. |
|
|
|
|
klarki
Legendary
Offline
Activity: 3276
Merit: 3728
Top Crypto Casino
|
|
July 08, 2017, 08:57:55 PM
Last edit: July 08, 2017, 09:12:15 PM by klarki |
|
The instant way to get rich is to use your brain Many people do not use their brains. Now I do not think bitcoin will show us good growth. There are problems that need to be addressed. |
|
|
|
|
pixie85
|
|
July 08, 2017, 08:59:25 PM |
|
It's still a way to get rich if you think about it. If you bought it it at any moment since it was invented you were making money.
Bitcoin is historically one of the best investments of the last decade and one of the easiest to make money on.
|
|
|
|
|
cpfreeplz
Legendary
Offline
Activity: 966
Merit: 1042
|
|
July 08, 2017, 09:00:46 PM |
|
NO! Of course not! It's a way to take a calculated risk in something you believe in and hope for the best.
Worst case scenario, everyone sells because the price keeps dropping and dropping based on some other cryptocurrency doing well.
Best case scenario a single digit percentage of the transactions in the world will be used via BTC and we'll have a 500Billion-1.5Trillion market cap.
|
|
|
|
|
Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
|
|
July 08, 2017, 09:11:32 PM |
|
It's still a way to get rich if you think about it. If you bought it it at any moment since it was invented you were making money.
Bitcoin is historically one of the best investments of the last decade and one of the easiest to make money on.
Well, easy to make money assuming the market moves in a favorable direction, which it has since its inception, but still can vary when there are only short-term trends being taken into account. While it is easy to make money on Bitcoin over a lot of long-term trends, it can be scary holding at some points, like back during the summer of 2015 where Bitcoin was down at $200, but the numbers speak for themselves. No issues holding now. |
|
|
|
|
|
btcgolong
|
|
July 08, 2017, 09:15:52 PM |
|
what do you think about this topic?
There is not really a quick (instant) or easy way to get rich. If it was easy to get rich, everyone would be rich. When bitcoin started, most people called it a scam and they trolled us on this site...calling it a scam and other things. Boy were they wrong...trolls |
|
|
|
|
|
