How to Get Rich Quick - Bitcoin

[OlympianBitcoin]

Crypto and Bitcoin are the "get rich quick" scheme for those mainstream shows, and that's nothing surprsing. There are different shows which are even more ridiculous so it tends to happen within the mainstream. On the other hand, any exposure is good for Bitcoin. So all is fine, let them talk bullshit for as long as they can.

[Digitalbitcoin]

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.   <It is also not focusing on Crypto currencies, but all the methods that can be used to increase your wealth> 

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

If you check out most of the scam websites which are well known as HYIP and mining and investment, all are registered with domain SSL validation from GB(Great Britain) which belongs to UK.

Now, this is another part, but many times having knowledge can give a huge breakup. If anyone does a deep study, can easily learn the theory of multiplication of investment by using Bitcoin platform.

Bitcoin is a really great platform offering an investment opportunity for everyone who supports it. Surely Bitcoin has given tremendous returns to those who invest and believe. But in the meantime, much wrong advertising done to the community, which have already impacted on an entire environment of upcoming technology.

Now TV shows are a bit advanced media to reach to a mass audience, along with awareness of information and upcoming technologies.

But people have to use own intelligence and research before making any investments in crypto.

[traderethereum]

Crypto and Bitcoin are the "get rich quick" scheme for those mainstream shows, and that's nothing surprsing. There are different shows which are even more ridiculous so it tends to happen within the mainstream. On the other hand, any exposure is good for Bitcoin. So all is fine, let them talk bullshit for as long as they can.

That is what people out there will think because they see what was happen with bitcoin in 2017 and 2018. But the truth is, bitcoin is not like what they see. The price will still moving from up to bottom and will change in every day so they can not say that bitcoin is a get rich quick scheme without they know what is inside of bitcoin market.

But the OP needs a long time before he can make 800%+ profit and I don't think that many people can do that because we need a big patient to wait for the bitcoin go to the highest price. Still, having a bitcoin is a long journey before we can make the biggest profit and it's not for all people who can do that thing.

PS: I am not yet watching the film, and maybe later I will search for the film and watch it.

[cizatext]

That 800% profits is the experience of those who got in earlier before 2017 and sold out they holding during the hype of 2017, as a good entrepreneur you most constantly look out for viable ground to put your capital and yield huge profits which always co.es with time. Bitcoin is one investment which can make you rich at any given time.

[shesheboy]

Bitcoin is indeed a good opportunity to generate profits, but because the price is not stable then a strategy and patience are very necessary, and if not then it can be a very serious loss.

You only think about the profits but what about the losses ?  Yes its volatile and we can possibly earn thru it but not all times the valur can rise or pump because most of the times the value prefer to stay at a certain price point  .

Crypto and Bitcoin are the "get rich quick" scheme

Crypto/bitcoin is not a get rich scheme because it takes a year or two in order to see a massive gain on the price  but after the pumping of price , the price can also go down slowly  . it can return again after several years of waiting  .

[egyptian magician]

You can hear many sob stories about people who "lost it all" in bitcoin, but these are the ones who bought toward the end of a bull market and rode it all the way back down. You can find individuals like this in any market... the media loves to highlight old people who (for some bizarre reason) have all their retirement money tied up in the stock market still, and then liquidate it all at the bottom of a market crash. Most people don't have the temperament to be savvy investors. And it makes sense, because as human beings, our brains are wired to follow the herd. If a market is rising, we pile in. If it's falling or flat, we rush for the exit. Sometimes that's for good reason. But this isn't some kind of silly penny stock. Blockchain technology has the potential to change the world. Anyone who invests a modest amount of money now may be rich in a couple more years. Very exciting times for crypto.

[slocker]

Put all you money on red  .

Well in some term you need to be in the right place at the right time and eventually you will hit jackpot. With bitcoin you are never certain but if you are patient and not to fall on fake signals on market. So far every time when halving comes people get extra money. Option buy now while it still cheap and then wait for halving to price jump then sell after some time price go down you buy again and this is cycle that been running so far.

[bitzizzix]

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.

Yes, the bitcoin situation is very unstable and still low, but if you dare to buy large amounts of bitcoin now there is no mistake if you do it.
and you're just waiting for bitcoin to rise in the next few years to reach the highest prices, and all of them need a process but sometimes the process can provide a short luck process or a long process all depends on your patience.

[arpon11]

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.   <It is also not focusing on Crypto currencies, but all the methods that can be used to increase your wealth> 

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

This is a great eyes opening about investments in this time that both stocks and commodities like oils are not giving good returned! I believe that investing into bitcoin and cryptocurrencies market is one of the Best investments decision we can make.  I believe investing into cryptocurrencies is far better than investing in fixed deposit as no bank can actually give that type of great return that bitcoin has given in the last five years. 

[Daniel91]

There is no get to rich scheme in bitcoin or anywhere.
Nobody become rich overnight but after a long period of study, preparation, research, hard work.
Even people who joined bitcoin 10 years ago had to wait long time to become rich here, and had ton show their faith and trust in bitcoin.
So, we should be realistic here and have long term goals.
It's good advice also to try other investment projects or businesses, don't count only on one thing. 

[mich]

Ive learned that there is no such thing as a get rich quick in crypto.   
Anything promising get rich overnight more then likely a scam and is not to be taken seriously.
If crypto was really a get rich quick scheme, I think that more people would have exited knowing they already made the maximum potential. 

[Bonsaiav]

Because of its fluctuating value, it's not surprising, if we can categorize bitcoin as a means to get rich quickly, it is important to note that bitcoin is very volatile, meaning that bitcoin prices can potentially be detrimental, so I assume that bitcoin's not a scheme get rich quick. Because in investing in bitcoin, we're not only required to wait for the rise/fall in prices, but there are still other ways we must strive.

[romero121]

There is no get to rich scheme in bitcoin or anywhere.
Nobody become rich overnight but after a long period of study, preparation, research, hard work.
Even people who joined bitcoin 10 years ago had to wait long time to become rich here, and had ton show their faith and trust in bitcoin.
So, we should be realistic here and have long term goals.
It's good advice also to try other investment projects or businesses, don't count only on one thing. 

People have a thinking about bitcoin as the quick rich scheme, which isn't the truth. Out of such a thinking more users have lost big, because they have a mentality that knowing bitcoin itself makes them rich. This has made people get caught into traps and and fall for multiplier schemes and HYIPs. In this very few got lucky investing on ico's which isn't assured of getting rich, but their random pick had provided them with the best.

[teejayrichard2]

I will watch the series to see for myself but then while bitcoin can be a get rich way to make quick money, it can also make you broke in split seconds. There are lots of people who invested in bitcoin when price has already been pumped thinking it will be pumped further and ended up making huge losses. So in as much as bitcoin can make you rich quick it can also make you broke quick. The best way is making your analyisi carefully before investing in bitcoin or any other crypto you desire. Bitcoin is a get rich quick means to make money if only you play your cards well.

[creeps]

Ive learned that there is no such thing as a get rich quick in crypto.   
Anything promising get rich overnight more then likely a scam and is not to be taken seriously.
If crypto was really a get rich quick scheme, I think that more people would have exited knowing they already made the maximum potential. 

This is indeed a not so easy way to become rich especially now that we are still on a dumped market. Newbies think this way, all they know is to make easy money so when they lose they will be more disappointed. Bitcoin is not a way to become rich easily, it will take more time, a process and a lot of patience. Quick rich scheme is a scam for sure, don’t believe on any hype that you can earn easily.

[kodtycoon]

800% profit for 4years is awesome but it's very small there are people who profit more than that out there, well in the past few years it was fortunate that the price of bitcoin was cheap by the way so I really believe there are people who get 800% profit for 4 years because there is that more to it. investing in bitcoin is indeed very profitable especially with long term hodl

[muratsink]

I always have the assumption that BTC can create wealth quickly, but now I am aware, and understand that BTC is not a scheme to get rich quickly.

trading, and other factors creating charts quickly, even in the trading world we have to be patient to make a profit.

That assumption, I got when BTC was bullish quickly in 2017, and reached a value of 20K. I was fooled by the BTC chart.

thank you friend, you have changed my assumption.

[andthereyou]

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.  <It is also not focusing on Crypto currencies, but all the methods that can be used to increase your wealth> 

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

Haha I thought that some newbie has posted again, stuff like getting rich quick. I will try to watch the series mentioned.

I have read a few reply from other members. They really rely on the title of the thread.   

[erickkyut]

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.  <It is also not focusing on Crypto currencies, but all the methods that can be used to increase your wealth> 

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

Haha I thought that some newbie has posted again, stuff like getting rich quick. I will try to watch the series mentioned.

I have read a few reply from other members. They really rely on the title of the thread.   

Same here. I also thought that it was posted by a newbie asking some tips on how others get rich in cryptocurrency.

Where can I watch the series? Is it downloadable online or in Netflix?

[nicster551]

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.

I agree with you, almost everyone who got into bitcoin wants to become rich real quick but that doesn't work like that. Cryptocurrency is one of the best investment but it takes too much risk and its not guaranteed profit and might get you rekt but if it works it will make you really rich.