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Author Topic: Bitcoin is not about ''get rich fast'' !!  (Read 15267 times)
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April 14, 2019, 06:44:48 PM
 #101

Those who try to get rich quick on Bitcoins and other decentralized cryptocurrencies often lose their money and become poorer. Cryptocurrency is not a means to enrich. Cryptocurrency does not create material values, it only redistributes them. Outwardly, it seems that cryptocurrency as money is simply created as a system of signs and numbers. However, it is not. In cryptocurrency, you must first invest real money to these signs and numbers become value. This comes gradually through an increase in demand for cryptocurrency.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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April 14, 2019, 09:09:25 PM
 #102

Bitcoin is about:

- Storing wealth without the need for a bank
- Transferring wealth without the need for a centralised system
- Creating a open platform developers all around the world can build on (Counterparty etc.)
- Long term sustainable/sensible money

Bitcoin is NOT about:

- Get rich quick overnight
- Short term gains
- Short term loss
- Guaranteed profit over time just because it has happened before
- Scam IPO/ICO shitcoins that drag bitcoins and satoshis name into the mud

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April 14, 2019, 09:40:56 PM
 #103

I am sick of new people who are here only for bitcoin price, only for gains and still talking about price ... Everywhere i see like bitcoin will go to 100,000 USD or 1,000,000 USD, they only want to get rich fast but bitcoin is not about it ... Bitcoin is about freedom and privacy . I see us as some kind of warriors against governments and central banking cartels, we are here to claim our rights and freedom back! We are here to create powerful tools that give more power to individual against governments ! We are here to change our monetary system ! Every government basically corrupt, they dont care about other people, i think every politician should be representative of his voters , but i feel its like we are serfs ! Think about it ...
 
You can't blame others if they are dreaming to become millionaire in bitcoin in one snap even though we know that it will not happen. Yes,you're right bitcoin is about freedom and privacy and not just for making profit and making rich fast. It is our way to have our freedom against rules,regulations and corruptions in our government.

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April 14, 2019, 11:05:16 PM
 #104

I am sick of new people who are here only for bitcoin price, only for gains and still talking about price ... Everywhere i see like bitcoin will go to 100,000 USD or 1,000,000 USD, they only want to get rich fast but bitcoin is not about it ... Bitcoin is about freedom and privacy . I see us as some kind of warriors against governments and central banking cartels, we are here to claim our rights and freedom back! We are here to create powerful tools that give more power to individual against governments ! We are here to change our monetary system ! Every government basically corrupt, they dont care about other people, i think every politician should be representative of his voters , but i feel its like we are serfs ! Think about it ...
 



We need to accept some people the goal inside herein bitcoin world are to get fast rich but the true isn't an easy to get quick rich. But not bitcoiner are want to rich quick more are wanna get knowledge about this ne challenging currency for their future use by world community.
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April 14, 2019, 11:09:14 PM
 #105

Definitely not a get rich quick scheme, but most people are in it and believe in it for the money no doubt.

Isnt it that great ?  I mean we still be glad because people are crawling here to bitcoin because they think its a quick rich scheme  .  that is an asset of bitcoin on why it became popular and indemand   .  but those people are right  . bitcoin is really a quick rich scheme because you can get instanly wealthy if the value pumps unexpectedly and as long as you invested a really huge amount of cash   . while for some average investors  , they can still earn some but it may take some time for them to get rich  .
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April 15, 2019, 01:54:19 AM
 #106

Bitcoin can  make riches overnight but this happens not on regular bases and only the luckiest investors may hit this jackpot. Just last two weeks, I remember clearly a friend was made to buy some Bitcoin at $3.9K and in about 5 days time, his Bitcoin has grown to $5.3K. This is huge profit to him. However, it requires patience to wait when the market goes bearish for long time.

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April 15, 2019, 02:02:38 AM
 #107

It all depends on our use of Bitcoin. When we can make good use of it, we can gain a number of benefits and even we can become rich. While when we use it incorrectly it is very likely that we can lose the assets we have.

So this depends on our ability to use Bitcoin, I use Bitcoin as a medium for financial transactions and I also invest by buying a number of Bitcoins and then selling them when prices increase, it is the basis for investing in Bitcoin.
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April 15, 2019, 02:22:06 AM
 #108

Bitcoin can  make riches overnight but this happens not on regular bases and only the luckiest investors may hit this jackpot. Just last two weeks, I remember clearly a friend was made to buy some Bitcoin at $3.9K and in about 5 days time, his Bitcoin has grown to $5.3K. This is huge profit to him. However, it requires patience to wait when the market goes bearish for long time.
This kind of overnight luck will strike very few users. Whatever might be, it can be bitcoin, shares, property or some form of investment. Each and everything has got some time period that is a must to experience some growth with the investment. With bitcoin as the market is highly volatile it has got the increased chance of price increase anytime. Even the users who were the early adopters of Bitcoin got rich after long term holding.

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April 15, 2019, 12:12:48 PM
 #109

I am sick of new people who are here only for bitcoin price, only for gains and still talking about price ... Everywhere i see like bitcoin will go to 100,000 USD or 1,000,000 USD, they only want to get rich fast but bitcoin is not about it ... Bitcoin is about freedom and privacy . I see us as some kind of warriors against governments and central banking cartels, we are here to claim our rights and freedom back! We are here to create powerful tools that give more power to individual against governments ! We are here to change our monetary system ! Every government basically corrupt, they dont care about other people, i think every politician should be representative of his voters , but i feel its like we are serfs ! Think about it ...
 
true that bro, but honestly and unfortunately, I must say that more than 80 percent of those in crypto currently are here for nothing but the money, to be sincere with you, it's only those that have already made the money that care much about the freedom that crypto brings, but as long as one is still hustling to get wealth, I tell you, none of them or little really care about the freedom in bitcoin and Cryptocurrency

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April 15, 2019, 12:47:14 PM
 #110

you are very right , many people thought that the bitcoin or the cryptocurrency is the fastest way to get rich , maybe that's why we see many lessors in this market , but i think the ads play a big role in this 

Those people who think this scenario happen have no idea what is the use of bitcoin they only here because of money its sad but this is the reality but if they all get rekt this scenario will change and they all realize to know carefully the fully functions of bitcoin.

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April 15, 2019, 01:36:28 PM
 #111

I am sick of new people who are here only for bitcoin price, only for gains and still talking about price ... Everywhere i see like bitcoin will go to 100,000 USD or 1,000,000 USD, they only want to get rich fast but bitcoin is not about it ... Bitcoin is about freedom and privacy . I see us as some kind of warriors against governments and central banking cartels, we are here to claim our rights and freedom back! We are here to create powerful tools that give more power to individual against governments ! We are here to change our monetary system ! Every government basically corrupt, they dont care about other people, i think every politician should be representative of his voters , but i feel its like we are serfs ! Think about it ...
 
yeah a lot of people there are always asking how the price of bitcoin will be even higher than before. just relax bitcoin has many features like anonymity when we transfer bitcoin. so many features of bitcoin so just wait for sure the price of bitcoin will go up little by little

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April 15, 2019, 03:06:42 PM
 #112

you are very right , many people thought that the bitcoin or the cryptocurrency is the fastest way to get rich , maybe that's why we see many lessors in this market , but i think the ads play a big role in this  

Those people who think this scenario happen have no idea what is the use of bitcoin they only here because of money its sad but this is the reality but if they all get rekt this scenario will change and they all realize to know carefully the fully functions of bitcoin.
Exactly those who thinks bitcoin get rich fast doesn’t know what really is bitcoin. It is not all about money so people should know how bitcoin works. And, how bitcoin could use it’s features that will benefit the users.
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April 15, 2019, 03:23:30 PM
 #113

I know that it is not easy to get rich, and we all want to be rich and that's the reality, but I know that it is really not easy to make money, but some people make things possible as simple as 1-2-3, they are making money as easy as they can in some other way. Unlike me, I can't earn a lot of money, but it is still fine with me as long as I can earn even a little penny/bitcoin that's still fine with me.
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April 16, 2019, 03:40:57 AM
 #114

I know that it is not easy to get rich, and we all want to be rich and that's the reality, but I know that it is really not easy to make money, but some people make things possible as simple as 1-2-3, they are making money as easy as they can in some other way. Unlike me, I can't earn a lot of money, but it is still fine with me as long as I can earn even a little penny/bitcoin that's still fine with me.
We can be rich here but it's wise to conditioned our mind that it's not easy.
Think of the future obstacles, there's a lot, especially the lack of regulation and the manipulation is always present.
If we are in the earliest stage, we can call this easy but now it's not anymore.

We just have to stay realistic and follow what experts say that we need to HODL to reach our goal here.

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April 16, 2019, 05:48:02 AM
 #115

I am sick of new people who are here only for bitcoin price, only for gains and still talking about price ... Everywhere i see like bitcoin will go to 100,000 USD or 1,000,000 USD, they only want to get rich fast but bitcoin is not about it ... Bitcoin is about freedom and privacy . I see us as some kind of warriors against governments and central banking cartels, we are here to claim our rights and freedom back! We are here to create powerful tools that give more power to individual against governments ! We are here to change our monetary system ! Every government basically corrupt, they dont care about other people, i think every politician should be representative of his voters , but i feel its like we are serfs ! Think about it ...
 
true that bro, but honestly and unfortunately, I must say that more than 80 percent of those in crypto currently are here for nothing but the money, to be sincere with you, it's only those that have already made the money that care much about the freedom that crypto brings, but as long as one is still hustling to get wealth, I tell you, none of them or little really care about the freedom in bitcoin and Cryptocurrency
I would call a greater percentage of those who are here for the money. However, it is impossible to clearly distinguish between who is in this forum for the money, and who is for the idea of cryptocurrency. In my opinion, in most cases the participants of this forum combine the useful with the pleasant. Therefore, I think that a large majority here is trying to and that the cryptocurrency spread throughout the world, and in this regard, and make money on this process. In my opinion, there is nothing reprehensible in this.
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April 16, 2019, 06:04:17 AM
 #116

You cannot get rich fast from BTC as nobody knows the future evolution of bitcoin. This whole BTC stuff is just hit and miss.

Yes, there were also some people 10 years ago telling me Bitcoin will skyrocket to 10k at least, but there were also lots of people telling me it will be dead by 2011. Those people making "forecasts" are ridiculous. The truth is nobody knows what is going to happen. And whoever presents himself as a "guru" or "expert" is just a charlatan.

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April 16, 2019, 06:35:51 AM
 #117

You cannot get rich fast from BTC as nobody knows the future evolution of bitcoin. This whole BTC stuff is just hit and miss.

Yes, there were also some people 10 years ago telling me Bitcoin will skyrocket to 10k at least, but there were also lots of people telling me it will be dead by 2011. Those people making "forecasts" are ridiculous. The truth is nobody knows what is going to happen. And whoever presents himself as a "guru" or "expert" is just a charlatan.

Unless you get real lucky of course. Some people who bought in at the beginning of 2017 and cashed out by december did do it the fast way. It's life's breaks. Sometimes you get the better end, most of the time not. So don't rely on shortcuts but work your way to success if you want to be rich.

 
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April 16, 2019, 08:26:16 AM
 #118

i could say bitcoin got what it has to make me rich someday but for now i will stay low and play it safe so i can avoid the greed as bitcoin can go up fast and it also can drop fast. Better to play it safe and make an investment that you could take a lost on it. I read a lot of articles about who has become the millionaire by buying bitcoin and hodl it for a long term but i also read how greed peoples invest a whole money when bitcoin at the top and crash and make them homeless. So always make a plan and dont just think bitcoin is a fast scheme to get you rich.
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April 16, 2019, 10:03:15 AM
 #119

Bitcoin can make riches quick but it happens to the luckiest people. It is good to for investors to see Bitcoin as a long term investment in order not to get disappointed when the market goes bearish for long time. Patience is required to stay calm when the market goes bearish an wait till the price goes up.

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April 16, 2019, 10:28:21 AM
 #120

2017 to January 2018 would have been considered the period of get rich quick by many investors who had invested back then, the market rise to its ATH and lots of people made good profits and many people rush in to also enjoy the bull market, but now the market has changed, investors have to be more patient to see their investment grow, the market has been bearish for a long time now and it's not possible to get quick returns as before.
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