Investing in Bitcoin does gives a person a chance to get rich, but to become instantly rich from bitcoin is a dream that everyone is dreaming, there have been quite a number of news reports on people becoming a millionaire overnight because of bitcoins, but they are some of the few early adopters that are lucky enough to purchase bitcoin at the value of under $50 USD in the past and hold most of their bitcoins until today.
We can't really foresee what would be the price of bitcoin be heading in another 5 years time, but I believe some investors are buying bitcoins even at the price of $2500 USD because they believe bitcoin values would be higher in another few years time, and if it really happens, it would be time for them to get into news report becoming millionaires overnight.
Topic: Bitcoin is instant way to get rich ? - page 105. (Read 69246 times)
what do you think about this topic?
I dont think bitcoin is instant way to get rich, there is no instant way to get rich unless you win lottery or mega jackpot in casino. Bitcoin, yes you can earn huge sums of money but still it came from hardwork and research it is the fruit of it. What i mean is bitcoin is like a Job so if you do your job better you gain larger but if you dont care about the job and youll not earn.
hmmm im not sure the replies above are getting the meaning of the thread....
there are two words above I think are the ones to focus on "instant" and "get rich"
as Xester points out if you bought into bitcoin many years ago you are rich now
depending on how many you have, but that really wasnt instant IMO
If you bought into bitcoin in the last few months you still are not rich and nobody
know what the future holds . . .
there are two words above I think are the ones to focus on "instant" and "get rich"
as Xester points out if you bought into bitcoin many years ago you are rich now
depending on how many you have, but that really wasnt instant IMO
If you bought into bitcoin in the last few months you still are not rich and nobody
know what the future holds . . .
what do you think about this topic?
It is not instant that you will become rich. You need to work hard and work smart for you to become rich. Here in the cryptocurrency world the people key to become success is being always smart and intelligent in all things about the crypto world. 
People getting involved (buying) in bitcoin now will not become instantly rich. Bitcoin is a great store of value, a brilliant investment. There is a chance to become rich by holding bitcoin but it won't happen instantly for anybody who buys at this point.
Well yes partly. Partly because if you have many bitcoins then you are already rich instantly. But if you are new to it like me, and do not have many bitcoins then it would not be instant because you have to work hard. You need perseverance and patience in earning bitcoins. Same thing with investing or trading.
what do you think about this topic?
I think it is right because we all know that bitcoin nowadays are very popular and many people are using it because they know what is the value of bitcoin and they also heard a lot about it in others and they trying their luck to have a goo income and be a millionaire in the future. And ofcourse they also use it because the knew it has many advantages.
You should always remember, that if some investment could make you rich in short time, it is related with hight level of risk and could be the way of instant loss). IMHO, it can't be "instant" on current price level.
what do you think about this topic?
Not Really instant, Not unless you bought BTC 2-3 years ago, and start selling now, that is what you called INSTANT MONEY after you convert. but by just knowing about bitcoins, you will never get rich. start working and it takes time to build a huge BTC stash.
what do you think about this topic?
I think it depends on the people on how he will handle his life so that he'll became a rich person. BTC is nothing to do in being rich because the hardwork and ofcourse the strategy of the person is the who will make him a rich person and nothing to do with the bitcoin. Bitcoin is just a currency and it will help you in many ways.
what do you think about this topic?
I think it is right because we all know that bitcoin nowadays are very popular and many people are using it because they know what is the value of bitcoin and they also heard a lot about it in others and they trying their luck to have a goo income and be a millionaire in the future. And ofcourse they also use it because the knew it has many advantages.
what do you think about this topic?
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