How to Get Rich Quick - Bitcoin

[Apriand]

800% within 4 years isn't quick scheme to me. I think its regular scheme. Whoever want to make 800% within day or week they are on quick rich method. But your method is best with low risk. Most likely you bought bitcoin on dip and sold it on bull market. This isn't not bad idea as well. Finding quick rich method on bitcoin will stupid attempt. Bitcoin able to give regular profit if you have enough patience.

Thats right, 4 years for only 800% in bitcoin is long time. We can get more than that in 4 years with daily trading if we have knowledge how to be a smart trader. And sometime when the price pumping we can get 100-200% just in hours no need years to get 800% profit. But also we can lose much money when price down so fast and you are right, patience is key here when bitcoin price dump.

[kingpin4321]

Well I was about to lash out regarding the topic how to get rich quick. But the OP actually clarified that.
And again bitcoin has made profits for some individual but at the moment things are not looking too good

[UmerIdrees]

I dont know why most people complain about Dave Fishwick statement when he said bitcoin is a way to get rich quick which i believed it a hype statement in other to make boost up investors, we said we need some advertisement which will make people see the bright side of bitcoin and he's doing it for us all.

I respect for the positive things he said about bitcoin and it will be more better if we have more people that can come out like him and say something positive about bitcoin.

A lot of things has been said about bitcoin like it is future money, it can transfer the money from one place to another within secs, it has low transaction fee etc but the statement that bitcoin is get rich quick scheme is totally wrong. Bitcoin can be used as a payment method but you cannot say that only bitcoin will make your rich quickly.
Yes, if you hold bitcoin for long term, you can gain good money.

[mirakal]

800% within 4 years isn't quick scheme to me. I think its regular scheme. Whoever want to make 800% within day or week they are on quick rich method. But your method is best with low risk. Most likely you bought bitcoin on dip and sold it on bull market. This isn't not bad idea as well. Finding quick rich method on bitcoin will stupid attempt. Bitcoin able to give regular profit if you have enough patience.

Thats right, 4 years for only 800% in bitcoin is long time. We can get more than that in 4 years with daily trading if we have knowledge how to be a smart trader. And sometime when the price pumping we can get 100-200% just in hours no need years to get 800% profit. But also we can lose much money when price down so fast and you are right, patience is key here when bitcoin price dump.

That's how the price moves here, that's why we love in crypto because it's possible to make a fortune here.

It could be in short term or long term but what's the main thing that will drive the price uptrend or pump going to the moon is the speculation and the hype.
I don't believe on other people saying that we will never see a x10 or x100 increase in the market anymore like in the past, it's because crypto is still young.

[dat.ho12492]

I dont know why most people complain about Dave Fishwick statement when he said bitcoin is a way to get rich quick which i believed it a hype statement in other to make boost up investors, we said we need some advertisement which will make people see the bright side of bitcoin and he's doing it for us all.

I respect for the positive things he said about bitcoin and it will be more better if we have more people that can come out like him and say something positive about bitcoin.

I also respect this positive but this positive seems to have spread at a speed too fast, it lacks the surrounding processes and difficulties with making money with bitcoin, that makes many people illusion and the feeling that bitcoin is a way to get rich quick. While reality is what people can see very clearly, the process of getting rich through bitcoin requires accumulation, needing wise investments and rational decisions, it is not as simple as buying and holding, spreading and ignoring too many steps, it will make others think in the wrong direction.

[Godday]

a lot of friends now think that if we jump in BTC, we can quickly get rich. but in my opinion it's all not true. because every person who wants to get wealth certainly needs effort and hard work from us, we also have to have a strong determination to be able to change fate.

[IdiotCoder]

I used to have a marijuana and alcohol problem. I remember earning $USD50 worth of bitcoin for a programming job I did. The price was $250. I remember selling my bitcoins right away because I wanted to buy beer and weed. Not only do you actually have to buy bitcoin, but you have to be good with your money;  you have to not have any problems spending your money on junk/addictions, including gambling.

There is no such thing as a "get rich quick" scheme. The simplest and most effective way to get rich is to work a Bitcoin job (for your investments) and working at say a temp agency or other low-level job. This way, you have an income of both crypto and fiat currencies and you simply cannot spend any of your money on addictions, such as gambling, cigarettes, alcohol or drugs. drug/gambling addicts never have any money anyway.

Everything in moderation is okay, but addiction will lead you to bankruptcy like it did in my case.

[Moiyah]

Actually, the title of your thread attract me to read your content. 800% profit for four years is really huge and is something we should envy for. I'll go watch Dave Fishwick as you've mentioned that there are a lot of tips how he did achieved that profit. We can gain some working strategies from him. Anyway, thanks for informing us.

[Onuohakk]

The best and most reliable way to get rich is patient and hard work you can't make millions over night by sleeping.
And cryptocurrency requires hardwork and patience

[seoincorporation]

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.  

hahaha, you are right, a lot of people only read the title and they think they know what is the post about. I will search that chapter, i haven't seen that program before but to find ways to become rich is always a good way to invest time.

[penetrak]

Bitcoin as a whole is not a quick riches. But there are exceptions when you bought it a few years ago at a considerably lower price than it is today and you sold it at its peak. Of course, if you have big investments, it can be a big profit. But if you are a small investor, you are entitled to small profits. The maximum value of bitcoin does not occur every year.

[Kopyleft]

There is always the danger of people reading past the message, and concentrating on the topic, jus as most traders are bought over the possibility of outrageous returns in a short space of time.
I have spoken to many young people interested in trading, cryptocurrency or forex, what most have in common is the idea that one can turn over huge profits right off the bat, which is not true.

[AjithBtc]

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.  

hahaha, you are right, a lot of people only read the title and they think they know what is the post about. I will search that chapter, i haven't seen that program before but to find ways to become rich is always a good way to invest time.

Investing time could get back an assured return, but as in the Op it is not possible to get back promised 200% return out of cryptocurrency on an expected scale. It happens gradually, for early adopters this happened, and now the people were expecting the same to happen with some time target, upon which being rich through cryptocurrency is possible but time taken for the same is unknown. If lucky one can invest today and get rich by tomorrow.

[1BTC EQUALS 1CAR]

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.  

You're just really lucky that when you invested in bitcoin, it is still not doing an astonishing bullrun. Bitcoin is just speculated to be a highly valued asset so people got the FOMO. There's no accurate method to get rich quick in my opinion, it just happens that some big risk give you big rewards.

[BigBos]

In getting rich quick, there are so many ways to do it and it depends on every pwople in how or what method they will do in order to achieve it. If you are planning to get rich quick by esrning with crypto then do it on full time. You shoyld always monitor your savings.

well, if you think about it, there are so many ways to get rich, but in reality it's not easy. many ways, but not all of them will go according to what we think. therefore, hard work is needed. even many people who become rich in bitcoin, but full of hard work.

[vintages]

You're just really lucky that when you invested in bitcoin, it is still not doing an astonishing bullrun. Bitcoin is just speculated to be a highly valued asset so people got the FOMO. There's no accurate method to get rich quick in my opinion, it just happens that some big risk give you big rewards.

Did you read the thread at all apart from the post headline itself ? Things like this is actually the reason more people panic sell,  when they read a post title... Bang!  They rush to sell without bothering to read what the main content is all about. 
The OP is not talking about him investing in Bitcoin and getting rich quick... The title to his post is just about a series by one Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies which method if used well can be use in other investment as well.

[PuertoLibre]

You're just really lucky that when you invested in bitcoin, it is still not doing an astonishing bullrun. Bitcoin is just speculated to be a highly valued asset so people got the FOMO. There's no accurate method to get rich quick in my opinion, it just happens that some big risk give you big rewards.

Did you read the thread at all apart from the post headline itself ? Things like this is actually the reason more people panic sell,  when they read a post title... Bang!  They rush to sell without bothering to read what the main content is all about. 
The OP is not talking about him investing in Bitcoin and getting rich quick... The title to his post is just about a series by one Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies which method if used well can be use in other investment as well.

Same reason behind this opinion why businesses fail in 2 years and they struggle to survive after 6 months. Generally, people only care about how to get more money and they usually don't care about the possible ways. Capitalism forces poor people to look for alternative options in order to get rich quickly.

[kelz1]

People that are already rich can leave it for 3 years in the bank with minimal interest, but those with more desire need to take bigger risks. Crypto is a potential get rich scheme but more likely not

[Cherylstar86]

In getting rich quick, there are so many ways to do it and it depends on every people in how or what method they will do in order to achieve it. If you are planning to get rich quick by earning with crypto then do it on full time. You should always monitor your savings.

well, if you think about it, there are so many ways to get rich, but in reality it's not easy. many ways, but not all of them will go according to what we think. therefore, hard work is needed. even many people who become rich in bitcoin, but full of hard work.

Richness doesn't happen overnight and Bitcoin is not a get rich quick scheme. The road to getting rich is never easy, it takes time, commitment, focus, and patience to build wealth. Learn to set goals and know your priorities. The key to being truly successful is knowing how and where to focus your time and efforts.

[gesdan]

YES bitcoin can makes you rich quick, but you should know that if you want to get rich in quick way, you need to take a big risk, and if you can;t handle the big risk you will never rich in quick time.