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Author Topic: Is this for real? I could be a millionaire?  (Read 22632 times)
mrBTCman
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September 06, 2017, 12:28:25 PM
 #341

I’m sorry to say, but you could have been a millionaire. As many people say here, it is more likely that you would have sold your bitcoin by the time the price reached couple hundreds per coin. Nobody knew that bitcoin would be much more valuable over the years.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Periodik
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September 06, 2017, 12:41:25 PM
 #342

I’m sorry to say, but you could have been a millionaire. As many people say here, it is more likely that you would have sold your bitcoin by the time the price reached couple hundreds per coin. Nobody knew that bitcoin would be much more valuable over the years.

Yes that is true. Just the same thing when I bought XRP at 480 sat, DGB at 70 sat and many more but I already sold them not expecting them to grow much in price in short period of time. It's already done so better continue learning with no regrets and move on. Bitcoin will be hitting 10,000 USD early next year on my assumptions so i'll keep holding some.   
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September 08, 2017, 12:29:41 PM
 #343

As op there are soo many histories about became rich nowadays or when the price reached 1200 dollars in the begining, as already stated for some people most of the early adopters had sold their coins at 1000 dollars, a lot people never imagined bitcoin would dump the way it happened, but well, i doubt we will be able to know people wich were at bitcoin in the start and havent sold or lost their bitcoins at trading and shitcoins, besides Nakamoto coins i dont know any other adress person wich was able to save bitcoin without moove or use them on the last 7 years. I had the opportunity to buy bitcoin at 250 dollars and did missed the opportunity, but if i had bought i would sell it at 600-700 dollars without any issue or regret... its hard to resist if you are wining.
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September 08, 2017, 12:46:43 PM
 #344

It is just smart strategy you invest when its low and sell when its big or keep. i would say keep everything and sell them because bitcoin will grow and grow.
CryptoBeefy
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September 08, 2017, 12:49:19 PM
 #345

Ah man that sucks but i'm sure you wouldnt be the first to make a similar investment. It's not too late though, invest at current price and who knows the return in 10 years time!
vtypromo
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September 08, 2017, 12:53:12 PM
 #346

I think it is real that a person can be a millionaire by simply participating in Bitcoin activities though he needs to be smart.  Bitcoin had been known for its high volatility so if a person knows how to take advantage of it then there is a huge possibility that he can earn huge money save it and become a millionaire one day.
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September 08, 2017, 12:55:24 PM
 #347

I’m sorry to say, but you could have been a millionaire. As many people say here, it is more likely that you would have sold your bitcoin by the time the price reached couple hundreds per coin. Nobody knew that bitcoin would be much more valuable over the years.

Yes that is true. Just the same thing when I bought XRP at 480 sat, DGB at 70 sat and many more but I already sold them not expecting them to grow much in price in short period of time. It's already done so better continue learning with no regrets and move on. Bitcoin will be hitting 10,000 USD early next year on my assumptions so i'll keep holding some.   
Well most early adopters and investors of bitcoin didn't turn into a millionaire since most of them sold their bitcoin when they have earned almost 500% from what they invested, just like what you did to those altcoins. Some had their bitcoin wallet corrupted so there are only a few people who turn into a millionaire with it.  
Hagmonar
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September 08, 2017, 01:26:21 PM
 #348

It is just smart strategy you invest when its low and sell when its big or keep. i would say keep everything and sell them because bitcoin will grow and grow.

Well at some people they are just buying bitcoins and hold it actualy i have a friend that he already own 20 BTC he never sell it even a small amount he just only buying and buying until now
crazycatwoman03
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September 08, 2017, 01:41:22 PM
 #349

I think it is real that a person can be a millionaire by simply participating in Bitcoin activities though he needs to be smart.  Bitcoin had been known for its high volatility so if a person knows how to take advantage of it then there is a huge possibility that he can earn huge money save it and become a millionaire one day.

I strongly agree with that. It is true that people, we, can be millionaires with the help of bitcoin. I know people who have been successful becase of bitcoin while some people is on their way. Bitcoin had given many people and is continuously giving opportunities to have a stable financial source ofnincome and to have financial freedom. This is really true because I personally know some people who have been successful because of it.

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Sir Legend
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September 08, 2017, 03:58:00 PM
 #350

yes, why not, in fact many people become millionaires because bitcoin, this is not a dream, but many facts, even I will become a millionaire soon Cheesy

It all depends on our courage to take risks, if afraid then everything is just a dream.
Omega Weapon
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September 08, 2017, 09:17:33 PM
 #351

You could just try to buy atleast 20 bitcoins now or buy few more to sum up to 20 bitcoins and wait for 5 years atleast i can guarantee you that you will be a millionaire   just remember to hold your bitcoin don't panic if the price drops it will recover whatever you do just hold a good amount for a long time and millionaire is a guarantee
I do not know if 20 bitcoin are going to be enough to become a millionaire in 5 years since that will mean that each one of those bitcoin will have to be worth 50000, that is more than 10 times the current price and it seems unlikely that we are going to get to that price that soon but maybe in 20 years 20BTC will allow you to be a millionaire.
emezh10
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September 08, 2017, 09:47:56 PM
 #352

Please forgive my cynicism.
I was offered bitcoins in I think 2010 when they were 50p each.
I was tempted to buy £200 worth but had been just lost £200 to a ponzi money scheme so decided against it!

I have seem recent reports saying they are now worth £2,500

Are these the same Bitcoins?
So would I be able to actually sell for cash or money in the bank?

Sorry to ask, but I see lots of people saying they are millionaires but don't think I have seen anyone with the actual money banked.

I mean, my 400 bitcoins would now be worth £1,000,000 and I could actually sell them for £1Million less commissions?

You gotta see I'm sceptical.
Please tell me I haven't made the biggest mistake of my life?
If you were thinking about the past event or action you have done, surely many will say that you have done a big mistake because if you know that bitcoin is a continuous growing cryptocurrency, keeping it is a good thing to do. You have already lost the opportunity of getting rich because that quantity of bitcoin you recently have really cost that much. But still it was now late to blame you since you do not know bitcoin's importance those times.
onurgule
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September 08, 2017, 09:55:57 PM
 #353

It is very big mistake, I am sorry for you  Cry
This story like "Pizza Guy" story but sad.
I don't know what will I do if I did this mistake.
Forget about it, live your life! Maybe you will be a millionaire another time!
youdacapt
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September 08, 2017, 10:11:37 PM
 #354

You could just try to buy atleast 20 bitcoins now or buy few more to sum up to 20 bitcoins and wait for 5 years atleast i can guarantee you that you will be a millionaire   just remember to hold your bitcoin don't panic if the price drops it will recover whatever you do just hold a good amount for a long time and millionaire is a guarantee
I do not know if 20 bitcoin are going to be enough to become a millionaire in 5 years since that will mean that each one of those bitcoin will have to be worth 50000, that is more than 10 times the current price and it seems unlikely that we are going to get to that price that soon but maybe in 20 years 20BTC will allow you to be a millionaire.

That's too long, five years is enough for us to become a millionaire, with one note that we must continue to actively develop it in the existing business, many options such as gambling and trading markets that provide various advantages, we just need to step up and start discipline, 20 btc if we treat it as a passive asset for the next five years it can also multiply because the bitcoin fluctuations annually move between $1000-$5000.
Vera619
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September 09, 2017, 04:25:39 AM
 #355

yes bitcoin can. I have been reading that before bitcoin is worth about below a thousand dollars. And I think if people have invested in that year and just saved it I think they have 3 thousand $ now or maybe more. Because it jumps over 5 thousand $.
If you bought more than one bitcoin before that is doubled.
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September 09, 2017, 05:45:43 AM
 #356

you can't hope that you will become millionaire. But you have to work hard & give time so much.

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September 09, 2017, 07:12:46 AM
 #357

wow. that's a really big value. I guess you're out of luck on that. it makes a lesson to make wise decisions in the world of future cryptocurrencies.

Chrystora123
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September 09, 2017, 08:02:11 AM
 #358

400 Bitcoin ? are you serious ?
of course you will be a millionare , th price Bitcoin now about $4.000 , congratulation to you , and dont forget to danation some Bitcoin to me , hehehe , just kidding , goodluck buddy ..

nareshrohra
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September 09, 2017, 08:16:39 AM
 #359

In June 2017, a well known person in the community said that with Bitcoin approximately 10,000+ people have become millionaires till now. And this is only counting bitcoins. So, yes you can also become one since 10,000 have already become.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

n0ne
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September 09, 2017, 08:29:56 AM
 #360

With such a big volume of bitcoin in hands, now itself he's a millionaire. As of now the price seems growing and in future the growth will be very big as one by one more and more countries were getting into bitcoin usage. So in reality based on the upcoming days market situation, he might be a multimillionaire.

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