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Author Topic: Can I still get wealthy through Bitcoin?  (Read 37414 times)
Zadicar
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November 06, 2018, 05:55:21 PM
 #21

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
Talking first on about to your question on to become wealthy by bitcoin investment, considering on its current price it would really be hard yet you would need to pull up $6000+ on your wallet for a single coin. Talking about 2x -3x-4x-and so on will just only multiply your money on some extend but wont really be the same into those people or early adopter who do just purchased it when its still a cent price.
It would be an another different story or opportunity.For the future, no one knows on when this thing would last but I cant really deny that this innovation is revolutionary but we should always put up on our minds
that not all will succeed nor do last forever.

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November 06, 2018, 06:24:03 PM
 #22

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?

Wealthy is a subjective thing but by most peoples definitions yes. Not only can you invest in bitcoin (which I still believe will turn out to be a very profitable investment) you can also explore other earning potential around bitcoin, for example offering skills related to bitcoin or learning those skills first before you can offer them. As far as the greatest inventions of the century I think it's a little soon for that and I might even say that the first smart-phone surpassed that already.

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November 06, 2018, 06:52:05 PM
 #23

Well, it depends on your definition of wealthy, it's very individual term and depends on your needs and desires.
Still I don't think that it's easy to become wealthy in term like some early adopters made their profit. Because of the huge Bitcoin price rise from the very begininig when Bitcoin first appeared until now, those who kept Bitcoin long enough could really made the fortune.
Today that is not easy and I would say to become rich with Bitcoin is hard but if you are skilled and experienced trader or you have the talent to recognize and use all opportunities that Bitcoin gives you, you can make decent profit that should satisfy you.

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November 06, 2018, 07:48:44 PM
 #24

Bitcoin should be seen as a hedge to the elements of the traditional system. It conveniently will help you counter inflation with a gradual increase in net worth, where bull runs and whatnot are a welcome bonus.

The lower your expectations are in terms of crazy gains, the easier the ride up will be throughout the years, especially when we are going through bear markets like what we are experiencing right now.

The only reason people are unhappy with the flat market is because of how unrealistic their expectations were. Nothing in the world keeps going up in one straight line, just be realistic.

Investors continuously cash out profits on the way up, because not everyone is here for the tech.....

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November 06, 2018, 07:51:02 PM
 #25

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
Only if you do know how to trade and to maximize your investment while doing the hard work and facing the stress of trading. Only people who have the ability to turn their small investment into huge profit. A lot of newbies don't know how to the basics of trading and keep on losing their investment, though through some more practices we could develop the ability to know how to trade properly with just a small loss.
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November 06, 2018, 08:24:20 PM
 #26

Frankly speaking, the answer is YES; if and only if one can hold for a long term which to some is very rare.
Those who will hold from now till another 2-5 time will be made millionaire by Bitcoin.
Also, if the right skills are be put into trade and investment.

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November 06, 2018, 08:55:39 PM
 #27

Well, it depends on your definition of wealthy, it's very individual term and depends on your needs and desires.
Still I don't think that it's easy to become wealthy in term like some early adopters made their profit. Because of the huge Bitcoin price rise from the very begininig when Bitcoin first appeared until now, those who kept Bitcoin long enough could really made the fortune.
Today that is not easy and I would say to become rich with Bitcoin is hard but if you are skilled and experienced trader or you have the talent to recognize and use all opportunities that Bitcoin gives you, you can make decent profit that should satisfy you.

Indeed, we must work hard for whatever reasons to pursue and acquire wealth. The desire we have is there, but its not that easy to be there, because every reward has a challenges before it was given to someone else. If we seriously given an effort to that certain mode thing in order for us to success, I guess we deserve to be wealthy as long as you have patience with your bitcoin investments. Don't rush everything in crypto, it always need a perfect time to harvest your earnings.

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November 06, 2018, 10:03:46 PM
 #28

As long as you plan to hold long term history shows there's never been a bad time to buy Bitcoin.

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November 06, 2018, 10:44:27 PM
 #29

I think it mostly depends on how patient you are and if you can afford to potentially lose some of your money, it's a risk but these days no risk means no reward for sure...
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November 07, 2018, 03:24:50 AM
 #30

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
Everyone can get wealthy with bitcoin, even whenever he join in this business, and really can manage his money well. There is no late or something that prevent us to join cryptocurrency, when you think it is good, then join on it.

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November 07, 2018, 08:06:39 AM
 #31

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
Well, one thing here is that you are already bringing a mindset that will not even help you to grow at all in this space, and that will put you in the same category of people who were just looking for quick means to get rich, but never really looking at what would actually bring about the wealth in the first place.

There is no doubt this is how most people get to think anyway when entering this space, with the mindset that a lot of people have gotten rich and I can get rich too. However, it is a whole lot more than that, and if you are smart and wise, you will always know that the best thing to always do is to understand the main thing that makes this space ticks, which is what would make you to easily have long term goal plan.
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November 07, 2018, 09:06:00 AM
 #32

Opportunities abound in this crypto space, it all depends on what you are doing and how you do it. Wealth on the other hand is relative but in general context, it is already known that a lot of persons have made some reasonable income from crypto. As long aa you are doing the right thing, taking the right decisions, the opportunity will someday come. And lot of us here joined because of the testimonies we heard and such can be for anyone

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November 07, 2018, 09:47:45 AM
 #33

There are still a lot of chances to get wealthy with bitcoin, infact there are more ways now because bitcoin already getting more popularity, but maybe for now you need to be more creative to earn, bitcoin still in a very early stage, so the potential to earn still widely open
It is a very funny thing to see people so much particular about the rise in bitcoin's prices which is one of the main reasons this market has turned into more of a speculative zone, as it is easy to always drive out weak hands which in this case, OP thinking of just some quick ways to make some bucks and get wealthy, without even considering the innovation here and the main reason why this space will keep growing in the long run, tend to panic when things are not working out as planned for them. There is more to bitcoin than just wealth, at least, think about the great innovation and adoption, and let the side benefit of wealth roll in.
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November 07, 2018, 09:47:58 AM
 #34

The crypto world is full of uncertainty and it's difficult to say for a certainty if you can be wealthy through Bitcoin or any other cryptocurrency. Again, it's possible to get wealthy through BTC if the price appreciates significantly like it did in 2017. It also depends on the amount you have invested in BTC as that will is what will determine how much gain you'll get.
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November 07, 2018, 10:40:37 AM
 #35

Yes, simply start buying all the good cryptos you can see now as their prices are cheap and wait till 2025.  The truth is that crypto requires taking the right decisions at the right time and being patient with it, never expect to get rich overnight with it. Btc history has shown a possible increase over time. There is a possibility that btc will bit a milestone by then and most altcoins will follow suit

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November 07, 2018, 11:03:02 AM
 #36

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
It's not too late to get bitcoin, I think it's a good thing to start having Bitcoin. bitcoin still has the potential to be used as a way of investing, short-term or long-term trading. so this is a good thing for beginners who want to focus on bitcoin.

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November 07, 2018, 11:47:10 AM
 #37

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
It's not too late to get bitcoin, I think it's a good thing to start having Bitcoin. bitcoin still has the potential to be used as a way of investing, short-term or long-term trading. so this is a good thing for beginners who want to focus on bitcoin.

  Looking an accurate visoin with bitcoin would be a satisfactory fund and to became an opulent. Even if bitcion has been in risky challenges, we could still assume to became wealthy in it. And as long as we are patiently indulge this asset to be kept for long term and even in a short term, we can get an enormous profits bearing the fact of waiting. And I also recommend, it is not too late to invest or buy bitcoin.
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November 07, 2018, 12:10:35 PM
 #38

You know it is never too late to enter the market, you may not be an early adopter and multiply your money easily but you can still double, triple, or even quadruple your capital to trading. It is not easy as sitting it out and watching it grow but it is one of those realistical approach for any late comers in the market. If you don't have the money to buy more you can always find a way to accumulate more by shorting it and going long after, by repeating the process you can have more Bitcoin when the real bull market arrives.
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November 07, 2018, 12:11:43 PM
 #39

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
it's never too late. Smart people and good tactics to make money will never worry about being late. I would like to inform you that Bitcoin has come back to 2015. That's when it's getting attention and it's cheap. I think you are involved in the appropriate time for long-term investment.

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November 07, 2018, 01:01:35 PM
 #40

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
There are still many opportunities to use Bitcoin. Although it can be said to be late, we can still use Bitcoin optimally. It's been 9 years ago Bitcoin was introduced and for someone who has known it from the start, we can be sure they have got some benefits. For now, Bitcoin has not shown a big change, but we can still take advantage of the situation. We can still use Bitcoin as a financial transaction medium and also we can still make Bitcoin an investment. The future is very dependent on Technology and bitcoin is one of the answers to be able to keep up with the increasingly sophisticated developments.
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