Topic: become rich by bitcoin. - page 4. (Read 2451 times)

If the person wants to become rich then he needs lots of luck otherwise if you have lots of investment also it will not came to you again to be a higher profit the people who are becoming Rich by Bitcoin only possible in the year when the Bitcoin is started and developed at that time we invested then we will be the richest person right now but again it will not came out so it is not possible.

Even other altcoins apart from bitcoin had made a lot of people wealthy.
In 2017 during the days of pumped price of bitcoin  early investors who sold bitcoin had turn millionaires
although  such a feat might not repeat again however some investors still have confidence in the market waiting for any opportunity of becoming wealthy overnight through bitcoin.

Why this time does the investment not guarantee? I'm sure bitcoin will reach high prices again like in the past and even a lot of speculation that the price of bitcoin will increase higher than before. So investing in cryptocurrency does have very good potential but it is not an easy way to get rich because long term investments in this industry have a big risk and we must be prepared for bad events that might be discovered someday.

For sure there are so many investors who are now rich because they had great experience with bitcoin. many people have become rich with bitcoin because they bought in 2016 at low price and then holding to sell in 2017 has made then emmensnally rich so I think there is same opportunity for us we can buy some coin at this low price which can be sell in 2020 to become rich.

I suppose, not only in 2017. Bitcoin will dominate the modern technology trend and accordingly, it will forever be a great speculation and open opportunities, hoping to become rich for us. 4k -> 8k in a short period of time is enough for us to see the true power of bitcoin.

I think it's too narrow-minded about crypto so just thinking the advantages of crypto are fraud, and if you think in a negative way the results you get will also be negative.

If I am on that situation I can't call it success if I achieve it in an illegal way. I believe in the term "karma". Whatever you do good or bad it will return to you the same way you did. Maybe not now but in the next few years or next generation. My conscience can't handle that the money I will provide to my family came from a bad or illegal method. I would rather invest some spare money to it and hodl it for 5 or 10 years and see how much it can be, that I can call a success.

maybe you mean those who buy bitcoin when prices are really high. of course those who bought at that time really had a bad impact. yeah, but that has become a risk. in fact, when you use bitcoin, and make good use of it, it can help you in the economy, and can make you rich.

Not all really.

Did you ever read an article about someone who bought Bitcoin but did not get rich? It is a disappointing story but this guy bought Bitcoin at its early stage and lost all of it when he knew that the price is increasing. They lost the hard drive of his computer where his BTCs are. Also, don't say that "everyone" became rich since not all of us made the same decision to those who really earned a lot.

Yes, indeed Bitcoin has made many people become wealthy when the price of bitcoin has risen sharply like last 2017, when that price touched $ 20,000, so it made everyone rich. Very lucky to be part of Bitcoin here.

before going into the future, there are already many bitcoiners in 2017 who become rich. so even though the price is still moving up after the dump, they still enjoy and hope that bitcoin will be more valuable later

Well, I knew that lot of community of bitcoin enthusiast believed that they will become rich in the future. That's why they are holding their bitcoin in a long term, and of course including myself too. Especially now the flow movement of bitcoin was good so far, and I knew it will continue to up its price value in the market.

15X from here in the next few years and bitcoins would cost around  $120.000 and another 15X some years later and bitcoins would cost $1,8M. Bitcoins have the potential to give wealth to a whole new group in the next 10 years.

as investors they spend alot of money and courage to take risk in market.and this is not wise for us if we called them as scammers.they want become rich man by investing in cryptocurrency market.

Any investment that brings you income is success. Honestly or not honestly this is a moral question. I do not consider people who risk their money as scammers.

You were just lucky, you need to be careful because those kind of profits could make you think that obtaining profits in this market is easy and nothing could be further from the truth, this could make you take unnecessary risks and before you know it you lose all your capital and then you blame cryptocurrencies for your failure when it was your fault to begin with.

I agree. by utilizing fluctuations, we can get multiple profits. but to buy other altcoins that still have low prices, we must have a good analysis by choosing the potential ones, so that our time is not in vain to wait for the pump to come

Bitcoin is capable of making an investor rich but before that it depends on which amount of money an investor seeks in order to be satisfied. Riches is seen by every individual from a different perspective. What may seem rich to a person may be nothing to another. Hence, it is up to the investor to know the target amount in order to be satisfied before choosing the amount to invest in Bitcoin.
After the investment, patience is also required to sail through successfully because there will certainly be periods where that price of BTC will decline before the major bull run takes place.

There are many examples of people who have dedicated themselves to this, lately they have been opening roads with telegram, because there is a lot of swindlers who want somehow to take people's money in a bad way.

For many, they have taken advantage of the so-called ICOs, but due to certain regulations, it has been possible to put aside the great frauds that some people have tried to take advantage of. When we talk about fraud we also refer to those pages that are also from Faucets that promise you a quantity of satoshis every minute or every hour, what they have arranged in time, many of them have investment plans, which guarantees you greater drops for receive, but mostly have ended up in scam, because they always grab when they have a lot of money invested and leave, this has happened many times.

It is also necessary to emphasize that many of them have become millionaires like that, but it is a poorly obtained money, that is, they have become millionaires in that way that is not really worth it, because it is always in a bad way. When the ICOs that have existed many of them have made the total collection and what they do after many is to leave and leave everything bounced, all the work, all the investors and even bounty hunters, because the ICO raise a lot of money from investors, and Very few ICO are the ones that have actually carried out all their tasks of executing what they promise in their whitepaper.

Nowadays, there are many regulations that have changed and put the rules in a better way and have been changed to STO, IEO, where investors receive more confidence, there are more controls and many reasons like the KYC for both those who want to participate and for investors, causing in some even annoyances, because there are many people who like to be anonymous.

Crypto currency has the most volatile nature that it use to change the price but we will have to learn its secret and use it beneficially, I like the volatile nature of crypto currency because it gives me more chances of earning money and also helps me to buy some coins at low price for selling after holding for an year or more, it depends on market movement but the more we hold the more we become rich.