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Author Topic: become rich by bitcoin.  (Read 2448 times)
qwertyup23
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May 13, 2019, 02:30:29 AM
 #141

Let say someone buy 1BTC now and after they will hold bitcoin for long time and they will wait a lot of years and let say they are lucky and bitcoin will reach 1.000.000$ then yes, bitcoin make some people reach.

This is too far fetched but most of the people that I know do this. It is very idealistic to speculate that the price of each bitcoin would reach a million dollars but nothing is indeed impossible. In my opinion, better focus on short and long-term goals as they provide an opportunity to profit due to its high volatility.

Just to give you a concrete example, two (2) weeks ago the price of each bitcoin was stabilizing around $5,500-$6,000 with a little resistance. Until then, it skyrocketed now to $7,000. If you purchased/own at least 1 bitcoin during that week, you could have profited around $1,000 from that short-term investment.

worth mentioning is success becoming rich by bitcoin. is it appropriate to call success if all of that is obtained from a fraud. What do you think  Huh maybe a successful villain is the appropriate name 😅😅😅

Can I laugh now? lol. How can you say so that every people who got rich by bitcoin is all "villains", you don't even have any proofs that they've got their bitcoins in fraud. I think you are just too jealous because you don't have any bitcoin, or maybe you do have, before, but you've lost it because of your stupidity or naiveness, that is why you're just making rants about other people's lives since you don't have anything to do at all.

Well it's another shitty reply from someone who lacks the knowledge on cryptocurrency, what could you expect? Better to focus on your personal growth and achievements than worrying about someone's reply who is obviously trolls around the forum.
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May 13, 2019, 07:28:38 AM
 #142

If you are saying that there's people who became rich because of bitcoin by illegal activities well it's true, there are lots of hackers, scammers and phishing websites that do this. Well i don't think it's a big issue at all because it already has been ongoing for many years ago and if you compare it to fiat, the illegal activities are far worst compare to crypto.
Every day is even still an understatement, looking at last month alone; do you know how many time bitcoin has gone high and low? Very good investors have even taken advantage of those waves to add to the number of holding that they have while still waiting for the major bull run that will finally bless the works they have done so far and make them successful.

Those who have been blessed by these waves would not have been blessed if not for the introduction of cryptocurrency, the only market they would have benefited from is forex and forex volatility cannot be compared to that of cryptocurrency.
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May 13, 2019, 08:36:42 AM
 #143

A lot of people become rich by fraud, but by investing and trading in bitcoin are not a fraud. These days, a lot of people have been interested in investing in bitcoin, as it offers very good return.

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May 13, 2019, 08:43:52 AM
 #144

Some people still have the same mentality about bitcoin, that they could get rich just by simply investing a couple thousands of dollars and sit in their coaches watching TV. Those days have passed and we all missed the occasion to become rich with bitcoin but it seems like people still belive that's possible. In my opinion you can't get rich anymore with bitcoin, you can only get richer meaning that you have to invest a big amount of money that could possibly get you a big profit and increased your money.

In my opinion, you don’t need to invest big amount of money to get richer because if you have very good strategy even if you invest small amount you can be rich. If you are patient enough and hard worker, you can be rich in crypto. Never stop, and believe in yourself that you can do it.

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May 13, 2019, 09:18:33 AM
 #145

worth mentioning is success becoming rich by bitcoin. is it appropriate to call success if all of that is obtained from a fraud. What do you think  Huh maybe a successful villain is the appropriate name 😅😅😅
Bitcoin is not created with the intention of making anyone rich and you are not going to get bitcoin for free,the price of bitcoin is from its demand and supply so if you don't know what is bitcoin then learn about it rather than saying it as fraud.

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May 13, 2019, 10:38:06 AM
 #146

worth mentioning is success becoming rich by bitcoin. is it appropriate to call success if all of that is obtained from a fraud. What do you think  Huh maybe a successful villain is the appropriate name 😅😅😅
for me they are just people who don't want to work hard and expect everything instantly. Do not care about anything experienced by others and they are only concerned with themselves. I think people like that are really rubbish and not worthy of being called successful people or getting rich with bitcoin.

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May 13, 2019, 11:06:19 AM
 #147

Some people still have the same mentality about bitcoin, that they could get rich just by simply investing a couple thousands of dollars and sit in their coaches watching TV. Those days have passed and we all missed the occasion to become rich with bitcoin but it seems like people still belive that's possible. In my opinion you can't get rich anymore with bitcoin, you can only get richer meaning that you have to invest a big amount of money that could possibly get you a big profit and increased your money.

There’s nothing wrong with those people’s mentality cause had they brought bitcoins at $3k levels and sold it when it touched $7500 levels then they would have doubled their money. Which days are you referring to bitcoin is a volatile currency and you’re supposed to buy on dips, and then hodl it till you get decent profits.  One doesn’t need to invest big amount of money to earn in bitcoins, one can invest from few hundreds to few thousand dollars and yet earn decent returns over a period of time in bitcoins.
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May 13, 2019, 09:04:56 PM
 #148

In my opinion, you don’t need to invest big amount of money to get richer because if you have very good strategy even if you invest small amount you can be rich. If you are patient enough and hard worker, you can be rich in crypto. Never stop, and believe in yourself that you can do it.
Not true, in order to make a lot of money in the markets you need two things, one is a strategy that can beat the markets over the long term, most people do not have a strategy like that which is why you always see them losing their money to the markets, the second thing you need is capital, if your capital is small even in this market it will take you a huge amount of time to see decent results, but if your capital is high enough you can get great results in a matter of months or years.
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May 14, 2019, 06:14:50 AM
 #149

Bitcoin isn't easy to invest for the common man anymore.  Barely anyone can afford to buy a full bitcoin.  Not many people have $7,000 lying in their bank account, most people don't even have $1000 in savings.  Sure they can buy a fraction of a bitcoin but they won't make life changing money like the early days or from altcoin investing.
Which automatically implies that it now takes serious effort for people to really acquire bitcoin and increase their portfolio, so if we see peoples portfolio increase now, we should really know that a lot of hard work must have gone into it, either by trading, doing business with it, lending and so on, so no one should always see bitcoin as fraud.

Bitcoin business is a legitimate one for those who are using it rightly, op is just using the mindset of ICO scam to think anyone acquired through Bitcoin is through fraud, before ICO scam, what would he call those who became rich through bitcoin then, is that still fraud too?
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May 14, 2019, 07:15:46 AM
 #150

Some people still have the same mentality about bitcoin, that they could get rich just by simply investing a couple thousands of dollars and sit in their coaches watching TV. Those days have passed and we all missed the occasion to become rich with bitcoin but it seems like people still belive that's possible. In my opinion you can't get rich anymore with bitcoin, you can only get richer meaning that you have to invest a big amount of money that could possibly get you a big profit and increased your money.

There’s nothing wrong with those people’s mentality cause had they brought bitcoins at $3k levels and sold it when it touched $7500 levels then they would have doubled their money. Which days are you referring to bitcoin is a volatile currency and you’re supposed to buy on dips, and then hodl it till you get decent profits.  One doesn’t need to invest big amount of money to earn in bitcoins, one can invest from few hundreds to few thousand dollars and yet earn decent returns over a period of time in bitcoins.
But with the few hundreds it is not possible to be rich through bitcoin. Even $3000 is not that easy for a common man to invest. Rather than getting rich through bitcoin, most people have got rich through altcoins and ico investments. Till date I find majority of the rich people through bitcoin are early investors and further rich has invested to become more richer.

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May 14, 2019, 07:29:03 AM
 #151

A lot of people become rich by fraud, but by investing and trading in bitcoin are not a fraud. These days, a lot of people have been interested in investing in bitcoin, as it offers very good return.
For me to be rich with bitcoin is not something that is not possible, there is already a lot of evidence in the world. Indeed, especially those who invest when the price of bitcoin is still cheap gets many benefits when sold at high prices, especially in 2017.
Currently the price of bitcoin is USD 8146 and has experienced a fantastic increase in a few days, so that the profit from buying USD 4000 a few days ago, can make a new millionaire from Bitcoin. This is reality, not fraud.

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celot
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May 14, 2019, 07:50:41 AM
 #152

You have much money first if you want become rich with bitcoin, without have money how to start investing with bitcoin or altcoin, maybe you can use other way by joining free campaign for earn bitcoin and try to invest it.

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Kimonoe
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May 14, 2019, 08:23:03 AM
 #153

You have much money first if you want become rich with bitcoin, without have money how to start investing with bitcoin or altcoin, maybe you can use other way by joining free campaign for earn bitcoin and try to invest it.
from the campaign program, he also scored a lot of wealthy bounty hunters. especially in 2017, at that time many ico were big successes, making fantastic rewards. so we have the capital to invest

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May 14, 2019, 08:26:58 AM
 #154

You have much money first if you want become rich with bitcoin, without have money how to start investing with bitcoin or altcoin, maybe you can use other way by joining free campaign for earn bitcoin and try to invest it.
in fact, many use altcoin, bounty and airdrop to get rich by trading it into bitcoin. this often happens. but, the problem is that when we can't manage what we have, it can reduce our assets. I feel rich with bitcoin is not so easy.

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May 15, 2019, 12:36:29 AM
 #155

myself before investing in bitcoin is ready to accept all forms of problems, especially theft so that only a belief that can be counted on when someone starts plunging into crypto and tries to be patient when the market situation is not stable in order to reduce loss.

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May 15, 2019, 06:21:28 AM
 #156

myself before investing in bitcoin is ready to accept all forms of problems, especially theft so that only a belief that can be counted on when someone starts plunging into crypto and tries to be patient when the market situation is not stable in order to reduce loss.

If you are already in the crypto world, then it is something you have to experience now and wait for prices to go down or go up later. All is your own choice to move forward or back and stop here.
some people will wait for the price to go down to buy bitcoin again, but sometimes the decline in the price of bitcoin makes many people think again to hold back the assets they have. well, of course there are many ways to get rich with bitcoin, but every way has a risk, so choose one that is in accordance with the skills you have.
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May 15, 2019, 06:22:21 AM
 #157

The early adaptors of bitcoin are the one who got rich from bitcoin if they saved some. And of course the pizzaria which sold a pizza for 10k BTC back in the days.  Grin

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May 15, 2019, 06:34:35 AM
 #158

The early adaptors of bitcoin are the one who got rich from bitcoin if they saved some. And of course the pizzaria which sold a pizza for 10k BTC back in the days.  Grin

For me we should not be an early adapters of bitcoin, as long as we can save money before specially when the price drops we can be able to earn a good profit specially when you also had a huge amount of holdings.
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May 15, 2019, 06:57:43 AM
 #159

You have much money first if you want become rich with bitcoin, without have money how to start investing with bitcoin or altcoin, maybe you can use other way by joining free campaign for earn bitcoin and try to invest it.
It will be difficult now to really get wealth from campaigns, because out of many campaigns that you participate in, only few will even enter exchange and when they enter exchange, their value becomes so low for you to sell, by the time one crosses from exchanges to exchanges, the fees been paid would have drastically reduced it to nothing and would not even be enough to trade with.

The best way to become successful and rich is to just use cryptocurrency for one’s business, and maybe when the retailers gets paid, the accumulated payment will increase in price during the bull run, or better still look for capital to trade cryptocurrency.
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May 15, 2019, 01:48:55 PM
 #160

the time to get rich from bitcoin has been missed. in the past when the price btc still cheap we could invest and only sell it in the future. but now investing in BTC requires a lot of capital and I can say it's not affordable. able to survive and get income from cryptocurrency till now i think we should grateful.
or just we are lazy and don't really try and work hard from cryptocurrencies that don't make us rich.
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