Can I still get wealthy through Bitcoin?

[bohr]

4 years ago I thought the same thing, and maybe many people think about it again in the next 10 years. This is not a matter of price but the latest developments that are never separated from the world view of technology, even the government is always preparing a lot of things to finally think hard to position fiat and bitcoin. We are lucky that bitcoin is back to doing a long retracement at current prices, there is no other word besides "buy now"

It depends, the market is really unpredictable, but for now maybe buying now and holding it for a decade might make you wealth just like those who hold and bought Bitcoin way back 5-10 years ago. For now holding Bitcoin is so unpredictable, there is no guarantee at all, there's a lot of experts that are contradicting their analysis, so we don't know what path Bitcoin really will be in the coming months, for now, all are waiting for good news and for the upcoming halving.

Of course, you are right, but if the price of Bitcoin is not increasing how can altcoins will start increasing. Bitcoin is always profitable if you manage to hold them for the long term. Even though many predictors are saying useless, but the actual scenario is bitcoin should increase its price otherwise, most of the cryptocurrencies will become null value.

There have been several instances in the past in which the price of bitcoin did not move and altcoins began to grow quite quickly, but the conditions for that kind of the scenario to happen are not there, even at the moment that we are seeing the price of bitcoin going down the price of altcoins is going down even faster meaning that investors are cashing out there profits and getting fiat in return for their coins and with that kind of attitude it is impossible for altcoins to grow.

[Triffin]

You still have a chance to be a millionaire through Bitcoin... If you have the guts to invest a big amount of money in cryptocurrency however even if you invest a big amount of money you can't still be a millionaire if you don't have enough or proper knowledge about the market or trading.

You can gain profit from the volatile market take the guts on buying on the bearish market and earn a lot in bullish market however the risk of investing to a volatile industry is high so you should know the considerations you might get in investing to cryptocurrency industry.

Well you will also have chance even if you have invested a small amount of money but it will surely requires you a lots of effort to achieve it but whether small or big everything will depends on you, on you skills and knowledge, on how you analyze the market, the charts, that will dictate whether you will earn or not in bitcoin. After you have exert lots of efforts and money on bitcoin i think you can achieve what you want to achieve to call yourself a wealthy man.

It is the rule of nature that whatever is worth having is never a piece of cake for you. You need to work day and night to achieve that. If we talk about traders, indeed these are the people who are keeping exchanges alive and they are the ones who are making a lot of money but definitely, for achieving all this they have put laborious efforts into trading currencies.

[tadpole_bitfrog]

You still have a chance to be a millionaire through Bitcoin... If you have the guts to invest a big amount of money in cryptocurrency however even if you invest a big amount of money you can't still be a millionaire if you don't have enough or proper knowledge about the market or trading.

You can gain profit from the volatile market take the guts on buying on the bearish market and earn a lot in bullish market however the risk of investing to a volatile industry is high so you should know the considerations you might get in investing to cryptocurrency industry.

I think the problem of loss or loss not only occurs in the cryptocurrency market but also in the stock market, real estate or other investment assets. Although the mayor of cryptocurrencies is unpredictable and unstable, the loss or success is largely due to you, if you want to be rich, then lose your safety, nobody succeeds in just one night, must undergo through the difficult road to find success, the cryptocurrency market is a new and potential market, if you spend enough time to learn about knowledge, gain experience through transactions, then success is yours.

[ajaymukund]

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?

Anyone can be rich through bitcoin or other top alts. The important thing is how they can get rich with it. I see many people using their bitcoins to trade for people who need to buy other bitcoins at a higher price than the market. There is also a way to get rich.
or you have a knowledge base of trading, you can participate in the fields of trading such as margin trading, future contacts, ... it can completely help you be rich if you make efforts.

[Karmakid]

You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.

[tracey77]

Imo there are still chances to become rich with BTC. The price isn't so high right now so it's adequate time to buy it. In the near future it might bring some huge profit, you didn't miss an opportunity.

[youdacapt]

with minimal capital, at this time we can still accumulate hope for wealth. previously I was very confused when bitcoin fluctuations were out of control and could only surrender to see assets go down, now there are stable coins as temporary defense assets. Bitcoin has not been widely adopted, opportunities are still wide open to accumulate the ability to add assets, must prioritize skills, intentions, and actions, and be prepared for whatever happens during halving.

[Farma]

You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.

2020 is the year you've been waiting for. I think that when you are late investing in 2017, then this will most likely be the 2nd chance. Even though the conditions are not the same, there is a possibility that the next bitcoin price increase in 2020 will make bitcoin investors get a lot of profits. with this opportunity, you can still get rich by using bitcoin.

[bohr]

Imo there are still chances to become rich with BTC. The price isn't so high right now so it's adequate time to buy it. In the near future it might bring some huge profit, you didn't miss an opportunity.

Obviously there are still many chances to become rich with bitcoin but as time passes the more important your starting capital becomes, just a few years ago if you had invested in bitcoin just a few hundred dollars you could be incredibly rich right now, but those days are over and it is pointless to try to think about what it could had been if we were one of those people, what we need to do is to concentrate in what we need to do to become wealthy through bitcoin and you really only need two things, to hold your bitcoin no matter what and to invest a substantial amount of money in it.

[alan2here]

You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.

2020 is the year you've been waiting for. I think that when you are late investing in 2017, then this will most likely be the 2nd chance. Even though the conditions are not the same, there is a possibility that the next bitcoin price increase in 2020 will make bitcoin investors get a lot of profits. with this opportunity, you can still get rich by using bitcoin.

I am not sure about the future of Bitcoin and everything happens very suddenly so it is difficult to predict this coin. Now Bitcoin is being held by a lot of long term investors and everyone hopes that Bitcoin can grow back as soon as possible. I think it will take at least another 5 years for this coin to break out of the bear market and start growing again like 2017.

However, this is only a prediction of many people and I still do not see any reason to buy Bitcoin now because the current risk is very high and the recent bad news makes investor psychology scared.

[bohr]

You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.

2020 is the year you've been waiting for. I think that when you are late investing in 2017, then this will most likely be the 2nd chance. Even though the conditions are not the same, there is a possibility that the next bitcoin price increase in 2020 will make bitcoin investors get a lot of profits. with this opportunity, you can still get rich by using bitcoin.

I am not sure about the future of Bitcoin and everything happens very suddenly so it is difficult to predict this coin. Now Bitcoin is being held by a lot of long term investors and everyone hopes that Bitcoin can grow back as soon as possible. I think it will take at least another 5 years for this coin to break out of the bear market and start growing again like 2017.

However, this is only a prediction of many people and I still do not see any reason to buy Bitcoin now because the current risk is very high and the recent bad news makes investor psychology scared.

Five years is too long of a time to me, bitcoin most likely will surpass the previous ATH in a time span between one and three years, some may consider that range to still be too long but everything will depend on whether or not we see the bull market appearing immediately after the halving or if we see a huge delay in the time that it takes for the bulls to show up, and it will also depend on what happens with the market during the next months, if the market remains stable then we could see the bull market appearing sooner but if it goes down even more it will take a longer time for the bulls to show up.

[wildan88]

You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.

2020 is the year you've been waiting for. I think that when you are late investing in 2017, then this will most likely be the 2nd chance. Even though the conditions are not the same, there is a possibility that the next bitcoin price increase in 2020 will make bitcoin investors get a lot of profits. with this opportunity, you can still get rich by using bitcoin.

I am not sure about the future of Bitcoin and everything happens very suddenly so it is difficult to predict this coin. Now Bitcoin is being held by a lot of long term investors and everyone hopes that Bitcoin can grow back as soon as possible. I think it will take at least another 5 years for this coin to break out of the bear market and start growing again like 2017.

However, this is only a prediction of many people and I still do not see any reason to buy Bitcoin now because the current risk is very high and the recent bad news makes investor psychology scared.

Five years is too long of a time to me, bitcoin most likely will surpass the previous ATH in a time span between one and three years, some may consider that range to still be too long but everything will depend on whether or not we see the bull market appearing immediately after the halving or if we see a huge delay in the time that it takes for the bulls to show up, and it will also depend on what happens with the market during the next months, if the market remains stable then we could see the bull market appearing sooner but if it goes down even more it will take a longer time for the bulls to show up.

I try to hope it will be the same as the history of Halving. 1 year after halving there will be a big increase, it might be able to make a new ATH. 5 years is very long, we don't even know, whether in the next 5 years prices will go down or increase. maybe after the new ATH, I will not expect much in the next increase, I will try to build wealth with an offline or online business because in bitcoin the risk is quite big and it is quite tiring.

[bohr]

Five years is too long of a time to me, bitcoin most likely will surpass the previous ATH in a time span between one and three years, some may consider that range to still be too long but everything will depend on whether or not we see the bull market appearing immediately after the halving or if we see a huge delay in the time that it takes for the bulls to show up, and it will also depend on what happens with the market during the next months, if the market remains stable then we could see the bull market appearing sooner but if it goes down even more it will take a longer time for the bulls to show up.

I try to hope it will be the same as the history of Halving. 1 year after halving there will be a big increase, it might be able to make a new ATH. 5 years is very long, we don't even know, whether in the next 5 years prices will go down or increase. maybe after the new ATH, I will not expect much in the next increase, I will try to build wealth with an offline or online business because in bitcoin the risk is quite big and it is quite tiring.

History never repeats itself in exactly the same way, I know that after the halving that happened in 2016 we saw a delay of about one year before bitcoin began to go up in value, and it is natural for many people to believe that the same will happen again but I have my doubts, but one thing I know for sure is that the bull market will come and when that happens I'm going to be holding my coins, I had a bad experience at the end of 2017 when the market crashed and I'm not going to let that happen to me again.

[atjiat]

History never repeats itself in exactly the same way, I know that after the halving that happened in 2016 we saw a delay of about one year before bitcoin began to go up in value, and it is natural for many people to believe that the same will happen again but I have my doubts, but one thing I know for sure is that the bull market will come and when that happens I'm going to be holding my coins, I had a bad experience at the end of 2017 when the market crashed and I'm not going to let that happen to me again.

Perhaps you are right that such a quick jump in cryptocurrency in price, as it happened at the end of 2016 and at the beginning of 2017, will really not happen.  But those cryptocurrency users who have not only the appropriate starting capital, but also have enough patience, can make good money by investing in Bitcoin if they wait for the finest hour when this cryptocurrency rises in price not only by 10, but maybe even  100 times.  In time, this period can take quite a long time, maybe a year or two, or even maybe more.

[AakZaki]

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?

maybe and maybe not.  You might be rich if you use it as a long-term investment or with the right trade.  And maybe you can't get rich if you use it on Ponzi because on average ponzi is a scam.  so if you want to have Bitcoin please and use it as trading only.  but there you have to understand the risk.

[Zemomtum]

You can still get Wealth through Bitcoin. It is just ten years old and joining now will make you be part of early adopters.

[Blue_oxen]

 Sure, the opportunity is still in your hands. Even if bitcoin goes up $ 20k back, you can still be rich when holding bitcoin. because many people believe that the value of bitcoin can surpass $ 67k in 2023. when such a strong crowd mentality will make it a reality. So our job now is to buy bitcoin and hold it for a long time to get the most profit. $ 7k3 is now too low compared to $ 67k in the future, buy more!

[wildan88]

Five years is too long of a time to me, bitcoin most likely will surpass the previous ATH in a time span between one and three years, some may consider that range to still be too long but everything will depend on whether or not we see the bull market appearing immediately after the halving or if we see a huge delay in the time that it takes for the bulls to show up, and it will also depend on what happens with the market during the next months, if the market remains stable then we could see the bull market appearing sooner but if it goes down even more it will take a longer time for the bulls to show up.

I try to hope it will be the same as the history of Halving. 1 year after halving there will be a big increase, it might be able to make a new ATH. 5 years is very long, we don't even know, whether in the next 5 years prices will go down or increase. maybe after the new ATH, I will not expect much in the next increase, I will try to build wealth with an offline or online business because in bitcoin the risk is quite big and it is quite tiring.

History never repeats itself in exactly the same way, I know that after the halving that happened in 2016 we saw a delay of about one year before bitcoin began to go up in value, and it is natural for many people to believe that the same will happen again but I have my doubts, but one thing I know for sure is that the bull market will come and when that happens I'm going to be holding my coins, I had a bad experience at the end of 2017 when the market crashed and I'm not going to let that happen to me again.

of course it will not be exactly, but try to look at the halving cycle from 2012 to the present, it does the same thing. of course, my hope in this third halving will do the same thing again namely bitcoin go to the moon and make a new ATH. I am very sure after the decline this year that bitcoin will bounce back, moreover halving makes it even higher. of course, you have to take the opportunity when prices higher then sell it. do not expect to hold too long, because of course after a very high increase there will be a big crash.

[Gheka]

Sure, the opportunity is still in your hands. Even if bitcoin goes up $ 20k back, you can still be rich when holding bitcoin. because many people believe that the value of bitcoin can surpass $ 67k in 2023. when such a strong crowd mentality will make it a reality. So our job now is to buy bitcoin and hold it for a long time to get the most profit. $ 7k3 is now too low compared to $ 67k in the future, buy more!

First, agree that the opportunity is always in our hands, the most important thing is how we will use it to achieve the highest efficiency but besides this, I disagree that the psychology of the crowd can make us rich when greed is covering reality. Don't think that bitcoin will be able to rise much higher and higher in the future, although somewhere, this opportunity still has a ratio but it's not too high for us to trust, wealth through bitcoin can only be through wisdom and taking advantage of opportunities, can't wait normally and just buy and buy

[d3nz]

Sure, the opportunity is still in your hands. Even if bitcoin goes up $ 20k back, you can still be rich when holding bitcoin. because many people believe that the value of bitcoin can surpass $ 67k in 2023. when such a strong crowd mentality will make it a reality. So our job now is to buy bitcoin and hold it for a long time to get the most profit. $ 7k3 is now too low compared to $ 67k in the future, buy more!

That's a positive thinking and i predicting it could happen soon we'll just need to wait and buy while its cheap for now because it will be too late if the price goes beyond our expectation and cannot keep up. More people were still hoping that the vakue of Bitcoin could go hit more than $50k and for now we can just do is by trading and taking advantagr of the market crisis.

And i think the price of BTC could pump up before this christmas and could go down again by next year of january since halving is near and for sure the price will affect all altcoin's value so we need to brace ourselves for a plummet.