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Author Topic: How to Get Rich Quick - Bitcoin  (Read 1432 times)
Kakmakr (OP)
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March 07, 2019, 05:39:49 AM
Last edit: March 07, 2019, 06:54:37 AM by Kakmakr
Merited by andthereyou (2)
 #1

Ok, it is not what you are thinking. Bitcoin is not a Get rich quick scheme, but the UK series "How To Get Rich Quick - Season 1 episode 3 includes some footage of a rich entrepreneur, Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies as one investment option to become rich.

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there.  Wink <It is also not focusing on Crypto currencies, but all the methods that can be used to increase your wealth>  Cool

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now.  Roll Eyes

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March 07, 2019, 05:45:11 AM
 #2

that is the nature of new technologies and investment in something with huge potential. it is like buying Apple shares at 1 cent! bitcoin is not meant for getting rich quick but because of its massive growth it is going to offer that for a long time as the growth and adoption continues happening.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year)

it is hard for me to calculate how much profit i have made since i have bought and earned bitcoin on all prices from $500 in 2014 down to $200 in 2015 and up to $20000 in 2017. so i guess the maximum profit is at 9900% at the moment Roll Eyes

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Kakmakr (OP)
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March 07, 2019, 06:01:05 AM
 #3

that is the nature of new technologies and investment in something with huge potential. it is like buying Apple shares at 1 cent! bitcoin is not meant for getting rich quick but because of its massive growth it is going to offer that for a long time as the growth and adoption continues happening.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year)

it is hard for me to calculate how much profit i have made since i have bought and earned bitcoin on all prices from $500 in 2014 down to $200 in 2015 and up to $20000 in 2017. so i guess the maximum profit is at 9900% at the moment Roll Eyes

I took the average of the different profits I made, since I started buying bitcoins on a regular basis. A lot of the coins that I own now, was not coins that I bought, but rather coins that I received for work that was done. (My work pay a percentage of my wages in Bitcoin)

It is just nice to see that mainstream movies and series are slowly shifting their focus from "Bitcoin being bad" to "Bitcoin being good" and that is exactly what we need now.  Wink

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March 07, 2019, 06:34:26 AM
 #4

Bitcoin price is rocky, but it brings a lot of opportunity. Doors open for crypto person.
But I agree that is not a quick to get rich because price is unpredictable.

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March 07, 2019, 06:42:03 AM
 #5

Lol, you got me there @Kakmakr  Grin

I'm sure that those who thinks that bitcoin is a get rich quick scheme have understand that it's not how it works. But it's really a good investment if you're willing to risk, how much money you wanted to invest and when to book profits. I think my profit is around 800% as well, as I have been buying them when the price is < 4 digits and book some profits in December 2017.

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March 07, 2019, 06:43:27 AM
Last edit: March 07, 2019, 07:26:38 AM by KingScorpio
 #6

getting rich with bitcoin?

-> market manipulation

goal is to get the desperate spekulators bring money, or convince the gambling idiots in the banks to gamble with crypto

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March 07, 2019, 06:45:59 AM
 #7

The name of this topic makes me laugh Grin  Although I believe that Bitcoin should rise strongly until the end of 2019, I still would not make such statements. Money cannot be made quickly. And if someone tells you about this, then it means that you are most likely deceived or they say this with some kind of purpose. Anything can happen, so it will hope for the best, but it will also be prepared for the worst!
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March 07, 2019, 06:53:40 AM
 #8

Ok, it is not what you are thinking. Bitcoin is not a Get rich quick scheme, but the UK series "How To Get Rich Quick - Season 1 episode 3 includes some footage of a rich entrepreneur, Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies as one investment option to become rich.

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there.  Wink
This is possible before but right now, its too hard to earn at least $1k if you don't work for it. Early investors are now a multi millionaire, and that is because of bitcoin. Its too sad because we are late but I know the market will grow again in the future so we still have to save. There is no easy money now, not unless you're greedy then you will do everything just to get easy money.
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March 07, 2019, 06:55:13 AM
 #9

There is no easiest way to riches, one should be ready to risk to attain success in life and so does riches, so invest in bitcoins and wait for the prices to go up then you will be able to earn profits from investing in bitcoins, as this bitcoins are highly volatile in nature and we need to show patience inorder for the price to boom in the crypto currency market. The price of bitcoins will start to rise soon before the next halving so there are more chances for the investors to get more and more rich so better to invest now to earn more profits.

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March 07, 2019, 07:33:06 AM
 #10

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there.  Wink <It is also not focusing on Crypto currencies, but all the methods that can be used to increase your wealth>  Cool

You deserve all the success for your patience, trust, and determination. I truly believe that it was really difficult to invest your resources into something foreign, unknown, and relatively new at that time. I'm assuming that you did your research before acting and all of which are compensated today.

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now.  Roll Eyes

It might be a clickbait to people who read your entire post and it also attracts spammers that only read your title.
Let me make a list of people who posted without reading your entire post:

1.
There is no easiest way to riches, one should be ready to risk to attain success in life and so does riches, so invest in bitcoins and wait for the prices to go up then you will be able to earn profits from investing in bitcoins, as this bitcoins are highly volatile in nature and we need to show patience inorder for the price to boom in the crypto currency market. The price of bitcoins will start to rise soon before the next halving so there are more chances for the investors to get more and more rich so better to invest now to earn more profits.

2.
getting rich with bitcoin?
-> market manipulation
goal is to get the desperate spekulators bring money, or convince the gambling idiots in the banks to gamble with crypto

So far only two (2) people have commented without reading your entire post Smiley)
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March 07, 2019, 07:35:28 AM
 #11

Those who get in and hodl their Bitcoin, in 2017 are so lucky to make money they are just lucky at the right time when Bitcoin is skyrocketing, these people believe and they are rewarded handsomely, this is not the first that it's going to happen because there will be more to come, yes Bitcoin is a get rich scheme if you believe and support it's adoption that is my take.
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March 07, 2019, 07:44:10 AM
 #12

Thanks for the inspiration OP. Only, I would still caution about this idea that profit is guaranteed. I still get terrible looks from people who know I use Bitcoin even to buy stuff online. They all tell me to be careful and I tell them I know, but how to blame them if they always see it as being advertised as how to get rich quick?

I do hope for the sake of those who entered at 20k that you're right and that they are patient. But they must be hated by people who followed them. I feel bad for these guys!

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March 07, 2019, 07:49:48 AM
 #13

I can't support the idea that Bitcoin is easy and quick way to get rich because that is simply not true and sounds like bad scam attempt.
It's good that Bitcoin was mentioned and promoted in that show but the fact that It's being connected with fast profit could do it more harm than benefit. And at the end many will get disappointed, again.

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March 07, 2019, 07:51:28 AM
 #14

Those who get in and hodl their Bitcoin, in 2017 are so lucky to make money they are just lucky at the right time when Bitcoin is skyrocketing, these people believe and they are rewarded handsomely, this is not the first that it's going to happen because there will be more to come, yes Bitcoin is a get rich scheme if you believe and support it's adoption that is my take.
Yes I agree, having skills on trading is not enough to  win against the volatile market sometimes you need to be lucky and this is the reason why some people benefited so much last 2017, they are on the right time on the market. However that event did not make them wealthy but a well beneficiary.

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March 07, 2019, 08:41:28 AM
 #15

True, we shouldn't treat bitcoins as some get-rich-quick scheme but indeed, the increase in value is more than one will get in a bank savings. My bank practically just give me dimes a month. Even when just holding and not actively buying and selling, the increase over time is more any bank can offer.


Also is that show on BBC or something else? Cant find it in the BBC site. Anywhere us outside the UK can watch it online?
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March 07, 2019, 12:10:07 PM
 #16

is it just me or lately TV is starting to be filled with cryptocurrency related contents? initially it was only news when they constantly talked about bitcoin whenever its price was rising and during its bubble but nowadays it seems like there are a lot of documentaries, TV series,... that are focusing on bitcoin and other alternatives. and the contents seem to be getting better too, it is not yet the best because they are still focusing mostly on the drama rather than technology and what bitcoin represents but we are slowly getting there.

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now.  Roll Eyes
LOL with the bold and underline thing in first line it is a wonder really Smiley

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March 07, 2019, 12:36:14 PM
 #17

lol, that bank of dave guy
i remember watching tv shows with him in years ago and was like, his credit union was an ok business model but the guy.. well he wasnt going far enough into the opportunities around him.

i a few years back was thinking of getting involved and expanding his credit union into many towns. but just felt he wasnt quite hitting the mark. but glad to see he is evolving

good to see he is expanding, but feel he is more of an average joe that just happen to have grasped a good business model. rather than a well prepped decision making guy thats well researched to have a structure of a great business model

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March 07, 2019, 12:36:55 PM
 #18

I rarely watch TV shows and series but this seems to be a good watch. Most investing and entrepreneurial shows are showing the wealth of the guest speaker without iterating on the strategies used by them that lead to their success. Some are just plugging and giving free advertisement to the guest speaker's businesses which is quite a bummer. While this is public exposure and is probably getting to the eyes and ears of audiences from all over the UK and the world, it's sad to see that people only focus on the investment side of bitcoin and not see it as a currency that it was intended to be. But then again, growth is growth.

is it just me or lately TV is starting to be filled with cryptocurrency related contents?

To grab the attention of the audiences and to still be talked about by the public, though generally people will just refer to the internet for their queries and questions regarding that they have seen on TV.

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March 07, 2019, 12:41:43 PM
 #19

Ok, it is not what you are thinking. Bitcoin is not a Get rich quick scheme, but the UK series "How To Get Rich Quick - Season 1 episode 3 includes some footage of a rich entrepreneur, Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies as one investment option to become rich.

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there.  Wink <It is also not focusing on Crypto currencies, but all the methods that can be used to increase your wealth>  Cool

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now.  Roll Eyes
Its a fact that bitcoin is a get rich scheme bearing in mind that its a long term investment i.e you made over 800% as profits over a span of four years which is actually a long term however new entrant or newbies wanted a 'get rick quickly' which is absolutely untenable in a short term perspective, long term investors had already millionaires having invested at the early stage of bitcoin.

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March 07, 2019, 12:45:26 PM
 #20

Ok, it is not what you are thinking. Bitcoin is not a Get rich quick scheme, but the UK series "How To Get Rich Quick - Season 1 episode 3 includes some footage of a rich entrepreneur, Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies as one investment option to become rich.

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there.  Wink <It is also not focusing on Crypto currencies, but all the methods that can be used to increase your wealth>  Cool

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now.  Roll Eyes


We are living in a world where the society is the major cause of influence and sadly, the society most of the time are wrong. Why dont we listen to those successful people telling real stories with their real income and real experiences? I have read numerous successful people getting huge profit in crypto and there are still these people who talks negative things about it. Life.

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