Bitcoin is instant way to get rich ?

[Dudeperfect]

NO. Considering the risk factor, we can not even be sure that Bitcoin is a way to become rich as we can even lose our investments as Bitcoin is something that is still an experiment and might not show the same results like past performance. However, considering the potential of it and perception in the world, I am optimistic about bitcoin but still, I would not invest my whole capital in bitcoin because I believe that we should invest that amount which we can afford to lose. It is a great invention with huge potential still there is a risk.

There is always a risk in any kind of earning method because bitcoin is still young and it is still undergoing on the development to improve its features and the things that it need to improve in order to be better and also to become a good currency for other people. Bitcoin is a good way to become rich but not that all in investment type of action because it is very risky.

Exactly, it is merely a technology which is still in a beta phase and thus any investment should be considered as a risky move because there are more than one reasons behind it. People have made millions by investing pennies but that doesn't mean that Bitcoin will show the same returns in the future too. Since Bitcoin has great potential, there are many opportunities and thus it makes Bitcoin an optimistic destination for investment.

[marlonjhon]

Based on my opinion, Bitcoin is an instant way to get rich. People using it just sit down, comment, wait for the income, and then instant money comes up. Some people wait for the time value of bitcoin money or should I say the value of bitcoin in future. If you get your first salary you can invest it then find a business. Make sure that every week you have a 1% gain in your investment. To conclude, bitcoin is an instant way to get rich if you know how to use your money and how to make it bigger

[mdripon]

what do you think about this topic?

Not Really instant.but wait and control your mind. Of crous you success one time.

[novaprime]

Bitcoin will not make you rich instantly, believe me you need a long time to be able to benefit from the bitcoin you invested and it's not instant, even if you play gambling with bitcoin you will need a long time too. But, if you start with a large amount I think it might be you will get rich in a short time, not instant.

I think people with large amounts of money will invest long term on altcoin that they think have great potential and will wait 1-2 years, after which they will have a huge profit when investing altcoin

[Digitalbitcoin]

We cannot say that bitcoin is instant way to get rich. But properties and characteristics which bitcoin have can have ability to make anyone rich instantly. Price, volume and volatility matter most.

Bitcoin is commodity which can offer good returns on investment. People are thinking for bitcoin as a vehicle for get rich but basically its true.

[MarkReuter]

I disagree. Did the coins fall from heaven to make you rich? You bought a million dollars worth....maybe it appreciates in value tomorrow, but that doesn't instantly make you rich. Unless you win the lottery or something

[Rosabel]

BTC i think it's correct nowadays btc is very popular many companies and some merchants also accept btc.you have probably been hearing a lot about bitcoin,but we invest and trade our bitcoin in the correct way definetly we became rich.

[ruthbabe]

Being rich can't happen instantly it will be a matter of patience, hardwork,dedication and sometimes luck. To be rich in btc we need to find ways were we can excel if its in trading, investing or doing some btt task. Moreoften doing all those things can make us rich in time or through saving all our savings in our walley and waits for the pump can also be. But all of them requires time and effort.

But in bitcoin you can do that, imagine the person who bought hundreds of bitcoins when the price is still under $ 100 in the year 2009 ago. They just have to hold it up to date to get rich. They do not need hard work, more dedication, they just need the patience to become rich

Yes, and that's if that person didn't withdraw his Bitcoin and wait for the year 2017 when its price soars up as you see below...

Bitcoin value: $0.07 - July 18, 2010
Bitcoin value: $0.96 - February 9, 2011
Bitcoin value: $5.70 - February 11, 2012
Bitcoin value: $47.41 - March 11, 2013
Bitcoin value: $717.83 - February 7, 2014
Bitcoin value: $275.07 - January 4, 2015
Bitcoin value: $431.76 - January 14, 2016
Bitcoin value: $726.36 - November 9, 2016 - Donald Trump Elected as President, Market Plummet
Bitcoin value: $1020.47 - January 3, 2017 - Bitcoin price breaks $1000 for the first time in 3 years
Bitcoin value: $2492.09 - June 3, 2017
Bitcoin value: $2554.03 - June 30, 2017 (12:32AM)
Bitcoin value: $2581.46 - July 7, 2017 (7:05PM)
Bitcoin value: $2482.85 - July 10, 2017 (9:14PM)
Bitcoin value: $2370.97 - July 13, 2017 (6:21PM)

[choppork]

I don't think so. It requires time to make bitcoins and the only way someone who doesn't do much with bitcoin will become rich is when he bought bitcoins and the price went up so high that he become rich. Otherwise, I don't know how else are you going to be instantly rich with bitcoins. The money is good because there's not that much competition yet. There's very few people doing the things that we're doing like trading and signature campaign but that will not stay forever.

[virasog]

what do you think about this topic?

I don't think so.. Even if you have quite a lot of money for a start, you won't get rich instantly
well, there's a chance but it's not sure, you need to work for it.

Exactly, you have to study it first so that you will not regret if you put your money into it. So for me even in bitcoin you have to work for it, wait for it to reach it peak and have the profit so it is not instant but for sure you will get rich in bitcoin.  This is not something which can make you rich overnight. It will take time and those who have patience will sure be rich with bitcoins

[South Park]

Yes it is true bitcoin is the most instant way to get rich but if not how way to get coin coin where is it possible will also rich?

Hey dude you are living in 2017 and it is not 2008 anymore. You can not earn money instant with bitcoin because I do not think that bitcoin can easily x10 anymore. Right now, if you want to be rich in the fastest way, try to invest your money in ICO or altcoins. They will give you a lot of money including risk

Correct, I do not know what some people are thinking, if you want a safe place to put your money in crypto then bitcoin is the right choice, but if your goal is to make a lot of money then altcoins are the way to go and try ICOs if you are really ready to take a huge risk.

Because the fluctuations in altcoin are faster than bitcoin even the price changes are sometimes crazy enough. Altcoin price changes I've seen it change up to 2000% and down can be more than 50% in a day. So if you want to earn money quickly you can invest in altcoin

Correct, I have not seen short term as abrupt as you have but I remember seeing variations of 900% in a single day, which tell to us that those that are willing to take the risk in altcoins can very easily make so much money if they are any good at trading.

[ezzy.co]

Personally, I don't count on Btc as on way to get rich instantly. It's not my only bussines, it's more like a hobby. You need invest a lot of money to raise a really good profit on Btc and if you don't have them, you have to work hard.

[hansolox1]

I believe that the opportunity of becoming rich just from Bitcoin was lost many years ago. I don't think Bitcoin will experience exponential growth in value anymore, ever.

Nowdays to become rich with Bitcoin would require hard work and some luck just like with any other currency. Even during the beginning of Bitcoin it wasn't a sure fire way of becoming rich. The risks involved with it were great.

In my personal opinion ideas like this should be surrendered to make Bitcoin seem more legitimate for the general public. Otherwise it gets this "scammy" vibe around it.

[Official Blogger]

If you're having time machine yes you can.
Go back in 2009 buy bitcoins in any amount come back and sell. Lol how beautiful it would be.
But it's all about luck and knowledge and your timing.
Just many people got millions from bitcoins.
Whereas many got Scammed to.
So all in bitcoin is knowledge and timing according to me and you will be soon see your self at good position.
Thanks

[South Park]

Being rich can't happen instantly it will be a matter of patience, hardwork,dedication and sometimes luck. To be rich in btc we need to find ways were we can excel if its in trading, investing or doing some btt task. Moreoften doing all those things can make us rich in time or through saving all our savings in our walley and waits for the pump can also be. But all of them requires time and effort.

Correct, being rich is not about being lucky it is about working hard to reach that goal, for example those that win the lottery will eventually become poor again because they do not know the effort needed to gain that money so they are going to eventually squander it.

[CARrency]

Personally, I don't count on Btc as on way to get rich instantly. It's not my only bussines, it's more like a hobby. You need invest a lot of money to raise a really good profit on Btc and if you don't have them, you have to work hard.

Hardwork is a good word that can compete with money. Well said that if you don't have money, you need hard work, which id really correct. Bitcoin is not a way to get rich instantly but a way to make you rich. There are a lot of way to get rich,and it varies upon that individual how will they do it.

[spain cool]

Why do you think bitcoin is an instant way to get rich?
When we have to try first get bitcoin.
Unless you know the future then you will become rich instsn.

[remedcu]

It is not an instant way to get rich, rather it's a way which is the next big thing in digital money! A system which runs honestly because almost all the people who relays it are honest (check 51% attack).

[Xester]

Why do you think bitcoin is an instant way to get rich?
When we have to try first get bitcoin.
Unless you know the future then you will become rich instsn.

Well for now it is not an instant way to get rich because we really have to be patient and took a lot of perseverance if we want to be rich with bitcoins.  Compared before that someone or people do have a good amount of bitcoin and if they still do then they are instant rich.  But the problem is, most of yhr timr those who have bitcoins before used their bitcoins to buy stuff.  Ending, no one left with huge amount of bitcoin.

[dali_masmoudi]

It is a way to get rich but not really instant.
Unless you have to invest a lot of your money now, to become reach in two years.