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Author Topic: Can I still get wealthy through Bitcoin?  (Read 960 times)
emberbekas
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November 08, 2018, 08:54:10 AM
 #61

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 rich through bitcoin but I can't see it exploding that much, some of the other coins have more room for growth and they could possibly be the likeliest to make many wealthy but bitcoin will do well.

It's never too late though if we look at the price from today's viewpoint where prices are already at a high level, but the possibility of bitcoin prices going up again is still widely open. So, if we really believe that bitcoin will soar, this is a good time to start.

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November 08, 2018, 09:22:17 AM
 #62

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?
Bitcoin for sure will grow that high as what the prediction says,and even higher the only problem is theres no specification on when this to happen.or when will be the time this will bring us to become millionaires and i am pretty sure this will not happening this soon,as the last hype questioned about being a bubble and not a real growth.

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November 08, 2018, 09:36:11 AM
 #63

when you understand the workings of bitcoin and can know the price movements of bitcoin then you will be very easy to become rich in bitcoin, hopefully bitcoin in the future can be very expensive and can make you become rich.


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November 08, 2018, 09:38:49 AM
 #64

if mcafee predictions come true, we'll millionaires by 2020

but i'm not putting my 100% hope into that

gotta learn some trading stratgies as well as good money management - https://www.altcoinsidekick.com/blog
Whether it comes true or not, one thing is certain that this space is going to end up growing hugely in the long run anyway. However, for anyone looking to get into this space, they should focus more on the technology and what would most definitely bring about the growth in the long run, as this would make them to not make some crazy decisions that would affect their long term participation in this market.

With the fact about learning some trading techniques as well as money management, that is something that can always help you even as an investor, when it comes to taking advantage of the market in the long run and its fluctuations.

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November 09, 2018, 02:35:31 AM
 #65

of course because to be rich through bitcoin and other crypto is the key is to always be patient and keep trying because if you want to be patient and try certainly your business will not betray the results
and bitcoin is also very promising to be a long-term investment

Everything will also depend on the amount of money that you will invest in Bitcoin. It is evident that the larger the sum will be, the more chances that you can get the better profit you will have.

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November 09, 2018, 05:08:32 AM
 #66

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?

In my opinion, if you are one of the bounty hunters here trying seek some profit or solely aiming big profits, I guess you can't be rich on bitcoin directly. Unless you have a lot of money/capital to buy bitcoin then apply bullish or hold in a long term. But as an ordinary trader here, I can only be rich through altcoins only, and I can do that by simply participate in the bounty campaigns.

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November 09, 2018, 05:31:50 AM
 #67

of course because to be rich through bitcoin and other crypto is the key is to always be patient and keep trying because if you want to be patient and try certainly your business will not betray the results
and bitcoin is also very promising to be a long-term investment

Everything will also depend on the amount of money that you will invest in Bitcoin. It is evident that the larger the sum will be, the more chances that you can get the better profit you will have.

Definitely, the bigger you invest the bigger your ROI. However, they're risk, so if you're willing to take it, then absolutely the chances for you to get rich is within grasp. The only problem is how tough you are. I'm talking about your mentality. If there's one lesson we learn here, those early adopters didn't sell their coins when the price is so down, they look at the look term effect.

So if you are ok with that then slowly accumulate bitcoin today because the price is so cheap and just hodl on it until the price goes up in years time and when you think its time to get some profits then sell some of them.

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November 09, 2018, 05:33:47 AM
 #68

of course because to be rich through bitcoin and other crypto is the key is to always be patient and keep trying because if you want to be patient and try certainly your business will not betray the results
and bitcoin is also very promising to be a long-term investment

Everything will also depend on the amount of money that you will invest in Bitcoin. It is evident that the larger the sum will be, the more chances that you can get the better profit you will have.
of course, bitcoin can be used for a business. this is like having money, and gold together. well, if you keep trying, of course you can make that happen. of course it must also be supported by other business businesses.

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November 09, 2018, 07:07:51 AM
 #69

Of all the coins, bitcoin is the original store of value. It's going to be hard to replace that. It's also rare with 21m possible coins.
Bitcoin is the kind of coin that not only stores your value and save it from inflation and devaluation but also imparts value to the invested amount with the passage of time. There is literally no doubt in the fact that Bitcoin can make you filthy rich and we have stories on the internet that will let you jaw dropped as how people invested in this coin and made billions. In the current time, the coin is one of its kinds and has no alternate.

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November 09, 2018, 07:33:44 AM
 #70

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 rich through bitcoin but I can't see it exploding that much, some of the other coins have more room for growth and they could possibly be the likeliest to make many wealthy but bitcoin will do well.

It's never too late though if we look at the price from today's viewpoint where prices are already at a high level, but the possibility of bitcoin prices going up again is still widely open. So, if we really believe that bitcoin will soar, this is a good time to start.

Yes, everything based on the belief we have towards the Bitcoin because still, the price of Bitcoin is very low in the market and it is giving the very good opportunity for us to buy the Bitcoin at the current price. We need to be very patient in the market until the price of Bitcoin starts increasing.

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November 09, 2018, 09:00:35 AM
 #71

You can always get wealthy with BTC. Even in the bear market you can do margin trading and still get rich
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November 09, 2018, 10:05:36 AM
 #72

If you have a wider vision about the future of cryptocurrency and believe the biggest potential about the distributed ledger technology like blockchain then adopting this new trend and support it like putting some investments then i would say YES, we can be wealthy through cryptocurrency in general not only in bitcoin but it is still depends on how you manage your investments and be never get affected by speculations and FUDs and always keep focus on the brighter future of cryptocurrency.

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November 10, 2018, 05:09:02 AM
 #73

when you understand the workings of bitcoin and can know the price movements of bitcoin then you will be very easy to become rich in bitcoin, hopefully bitcoin in the future can be very expensive and can make you become rich.

Find much money to invest in Bitcoin now. Do not sell it for several years. Stay a hodler, and go on to work on your permanent job. In several years, you will understand that you have earned much on BTC.

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November 10, 2018, 05:13:09 AM
 #74

Of course, you can get wealthy through bitcoin, and now it's the best time for you to buy more bitcoin while the price is on the downtime. You can make a lot of profit especially if the price increase higher. But you can also try to buy and sell bitcoin in many times because the price still moving from the lower price to the higher price and if you can do this, I am sure you can increase both your money and your bitcoin at the same time. But it's not short of the journey to get wealthy from bitcoin because you need to do something to increase your assets and money.
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November 10, 2018, 05:18:44 AM
 #75

to be able to get rich from trading bitcoin you need very high patience because to be rich there is nothing instant, everything requires a process and requires a lot of effort.

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November 10, 2018, 05:46:29 AM
 #76

Of course you can be rich with Bitcoin and still have the right time to buy Bitcoin. Because Bitcoin's price is very low and now it is possible to earn a lot of profits in the future. So, I do not think you'll miss this golden opportunity.
There are still huge chances of great turnouts and i believe that one could become rich by investing in Bitcoin in such a time when the market is bit cold. But in order to collect the wealth in Bitcoin, you need to have the wealth of wisdom without which you might face troubles in dealing with your assets whenever the market gets red. Often investments decisions are the reason of loss in the market.

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November 10, 2018, 09:39:31 AM
 #77

As long as you plan to hold long term history shows there's never been a bad time to buy Bitcoin.
Invest in the right coin-a coin that gives return and has had a history of profitability-in the right time-when the prices are down in the market- and hold it for long-a term of investment which is good enough to impart value to your coins. If you have these things in the mind and follow it, you can surely be the next millionaire.

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November 10, 2018, 09:46:34 AM
 #78

Find much money to invest in Bitcoin now. Do not sell it for several years. Stay a hodler, and go on to work on your permanent job. In several years, you will understand that you have earned much on BTC.

That strategy would have worked if it was 2010. Its not going to be effective like that now. But in long term it will be profitable so putting your money in is not a bad choice. But it will be painful because trends are not going good and people are getting bearish for now. Still this is the testing period of people's panic level against belief of growth of crypto. Continue to hodl and dont watch the prices too much. Lets see what happens by next year.

to be able to get rich from trading bitcoin you need very high patience because to be rich there is nothing instant, everything requires a process and requires a lot of effort.
Can you stop making generic shitposts likes these to increase your post count?

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November 10, 2018, 10:28:13 AM
 #79

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
A whole lot of them and it only depends on you and how you are at least able to make use of those available opportunities to your own favor. Getting wealthy is not something that will of course happen overnight, and people need to know that it takes a lot of planning, being smart, and being able to know the best thing to do at every point in time, productively to be able to get the best from the market.
Something a lot of people today usually find pretty hard to do. It is best though to always understand what you are getting into, as that is the only thing that can guide your decisions in most cases.
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November 10, 2018, 01:28:29 PM
 #80

There are some ways to become rich or wealthy by means of bitcoin but it will not be overnight. Trading and long term investment are two of the best strategies to earn profits in using bitcoin or in any other cryptocurrency. Trading bitcoin is risky and you need to become expert before you manage to earn signicant profits. Long term investment is only for investors that have a patience for long term waiting. There other kinds of investment that use bitcoin like joining ICO but you must be careful on this type of investment because there are more scams than legitimate ones.

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