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Author Topic: Bitcoin is not about ''get rich fast'' !!  (Read 15280 times)
terrong
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April 18, 2019, 02:21:17 PM
 #141

Actually everyone has a different opinion about Bitcoin, I personally think this is a trade, I can't use bitcoin as a payment tool in my country because the government prohibits it, it's not a freedom, so I just think about developing the assets that I have
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April 18, 2019, 03:36:38 PM
 #142

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.

Oh, yes, and now millions envy these people, who were in time to buy cryptocurrencies when they were cheap and sell them on the peak. Some of them became rich, but it will be not repeated.
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April 18, 2019, 03:37:38 PM
 #143

There is no easy way to get rich, but Bitcoin is the newest way to be one of the richest one. The potential and the sudden changes in price could make someone really a one time big time man. Rich will be even more rich since they have the ability to accumulate more of it's value. So while the price is low and there is not yet manipulation happening, it's best to be buying and holding one. Personally, as much as I can afford, I buy coins I love.
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April 18, 2019, 04:04:03 PM
 #144

Bitcoin sure have potential to make his holder to be in profit. To be rich was not that easy. One need a very patient heart and hodl bitcoin for a long term. Nothing is like a fast rich scheme as bitcoin is a real deal that can change someone else to become richer.
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April 18, 2019, 04:24:11 PM
 #145

Yeah people have forgotten the purpose of Bitcoin and consider it as a investment, people who are new to BTC/Crypto-currency think it as a investment for short or long term profits the price hike in crypto market could be the reason for this.

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April 18, 2019, 07:29:16 PM
 #146

I totally agree. There are so many other factors that make this market interesting/useful. As an example, the idea of a tokenized community can lead to so much convenience in the future for consumers/traders/small businesses. 

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April 18, 2019, 11:06:35 PM
 #147

Yeah people have forgotten the purpose of Bitcoin and consider it as a investment, people who are new to BTC/Crypto-currency think it as a investment for short or long term profits the price hike in crypto market could be the reason for this.
I think this get rich fast scheme is mostly common to all newbies out there because they strongly believe that bitcoin is the answer for the improvement of their financial life's status.This is really wrong but since only few of the countries have adopted bitcoin legally and the rest have not,so no wonder people prefer bitcoin as a tool for investment first.

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April 19, 2019, 12:56:34 AM
 #148

Yeah people have forgotten the purpose of Bitcoin and consider it as a investment, people who are new to BTC/Crypto-currency think it as a investment for short or long term profits the price hike in crypto market could be the reason for this.

I think we are all the same.

I don't think people will bother to but Bitcoin so he can pay some services on a site an item in an online shop, right? Why would not we abuse the volatility of Bitcoin if we will be having a profit there? What is wrong with Bitcoin being an investment? You can't stop people from using Bitcoin in their greedy ways, and I think we are all the same when it comes to how we will be getting a profit from our investments or assets.
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April 19, 2019, 01:14:05 AM
 #149

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 ...
 

yes you are right most users and bitcoin holders only consider bitcoin as a tool to make him get rich quick. actually bitcoin is not only about money but also about the technology with blockchain we can make transactions more transparent and don't need to use third parties in the transaction process. Bitcoin can also prevent us from inflation and government monopolies. bitcoin is our way to achieve true financial freedom.

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April 19, 2019, 01:27:07 AM
 #150

I fully understand your concern about it, but and if bitcoin can let some people get rich fast, what is the problem with this? What is the problem if some people have the goal of making fortune from bitcoin? It's also about freedom... To let each one have their own goals.
Bitcoin can be a tool for you to fight governments, while for others it's just a source of extra income, while for others it's an investment, or a hobby, who knows?

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April 19, 2019, 01:42:09 AM
 #151

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 believe that bitcoin is the solution of a currency free from banking monopoly.
however, there will always be people who think that investing in bitcoin will get rich quick, in fact the market does not always grow even when it falls in after an accident.
so all opinions about bitcoin and crypto I think will be very diverse. and you cannot prevent it
Right, and after all everyone's perception is different about bitcoin. You have the perception that bitcoin will become the future currency by becoming an important option for banks. and I could say that bitcoin is a way to get rich quickly, and I am free to say that, but what's important is that bitcoin is not just about investment but many other things
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April 19, 2019, 01:55:47 AM
 #152

I agree with you. Bitcoin is not just talking about wealth and how to get wealth instantly. but bitcoin is a financial system that we can manage ourselves without the help of the government, especially in the financial sector. Bitcoin is here for us so that we can feel safe managing our assets personally and safely. and the crypto currency system is very transparent in managing our finances.

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April 19, 2019, 03:08:19 AM
 #153

Yes,bitcoin not make someone get rich fast, just peoples keep patience and don't care about price you will  can get big profit someday.
We all don't know in the future how price bitcoin, maybe 50.000$ or can go down. It's uniqe from bitcoin
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April 19, 2019, 04:04:10 AM
 #154

That's the common misconception those people outside have. Just because of the rise of bitcoin in December 2017, they taught that this is the easiest and fastest way of earning but it's not and it is like the other way if earning money which needs everything.
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April 19, 2019, 04:49:11 AM
 #155

Yes that's right is not about getting rich fast. It is not all about money. I like the concept of creating powerful tools that give more power to individual against government. This gives us more than money or being rich. Bitcoin change our life. It can make everything possible and make our daily life hassle free. And in terms of investment we nood need to rush. We a step by step action to reach the success.

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April 19, 2019, 05:32:45 AM
 #156

It will depend on how lucky you are and how the way yoi invested bitcoin. Of course taking risk would let you earn huge profit by investing in bitcoin while still cheap and besides taking risk also knowing that bitcoin could go down for more and we could not predict to it. It is very to predict the market price of bitcoin. Bitcoin alsonhas high volatility this can lose some.of your coins if you are trading.

bitcoin and its market really has high volatility and there's a really high risk of losing your money but you could minimize the risk if you really have enough knowledge when it comes on dealing with the market. and actually it doesn't depend on how lucky a person is because luck has nothing to do with trading it's all about analysis, timing, trading discipline and planning.
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April 19, 2019, 05:45:59 AM
 #157

not it is about spaming and causing confusion.

and creating a big global attentionhack

here i stop blaiming the developers, though

i think the noble part in this is:

1. making the technology affordable and available for everyone.
2. making everyone see the option it gives (since all think only in market value this was the only way to get attention)

non noble is:

3. getting a lot of money with the attention hack
4. running a global race for installing computation power.

regards

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April 19, 2019, 06:31:34 AM
 #158

Bitcoin is a long term investment.
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April 19, 2019, 06:39:31 AM
 #159

Exactly bitcoin is not about get rich fast. Bitcoin is a most valuable cryptocurrency which using on online market or online sites like gambling, mining, trading etc. Now bitcoin also accepted on offline transaction, people now buying tickets, pay bills through the bitcoin. Bitcoin about online marketing and offline also on few countries, yes it's a good source earning but not about get rich fast. Bitcoin is the way of easy transaction and online marketing.
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April 19, 2019, 07:01:31 AM
 #160

That's the common misconception those people outside have. Just because of the rise of bitcoin in December 2017, they taught that this is the easiest and fastest way of earning but it's not and it is like the other way if earning money which needs everything.
- Indeed, getting rich quickly through bitcoin is a misconception of many people, it has begun to appear since bitcoin created miracles in 2017, they do not understand the reasons and conditions in that story, they do not know what bitcoin and participants have gone through to achieve that price. Again, I would like to say that bitcoin is not a way to get rich quick and easy, people should ignore rumors and misinformation of people around us, they have too little knowledge and insights about bitcoin and crypto, get rich always needs time and patience


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