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Topic: Bitcoin is instant way to get rich ? - page 79. (Read 69246 times)

full member
Activity: 149
Merit: 100
July 20, 2017, 03:45:13 AM
Yeah, i think btc is a fast gaining way but i'm not sure which is the fastest. Really invest btc make a huge profit but maybe  a nice day, you wake up and know that you have lost 90% of the money you have after a night. Not only btc but all types of businesses are at risk. And I think there is no such thing as the fastest way to get rich, only people make them rich quickly.
legendary
Activity: 1442
Merit: 1025
July 20, 2017, 03:19:31 AM
what do you think about this topic?

yes of course, i think so because i get very mush money for bitcoin. i was knowing bitcoin from 4 month ago and i get money from it.
This is cool if you are getting money from it. I guess there is a difference in earning money with working from bitcoin and investing in the bitcoin. If someone works in the bitcoin campaign and use the bitcoins earned for living then it is hard to become rich with it. One can become rich only when invest in the bitcoin and wait for the price to reach high or in trading but not through services.
sr. member
Activity: 812
Merit: 251
July 20, 2017, 12:55:11 AM
what do you think about this topic?

You can only be an instant millionaire or rich here, if you invest a huge of altcoins that are very potential or bitcoins together with enough knowledge in bitcoin and doing trade in the market exchange.
member
Activity: 88
Merit: 10
▬▬ CARE 4 ME ▬▬ ▧
July 19, 2017, 12:48:16 PM
There is no instant way to get rich IMO, this is just a term that is often associated with online scams, Bitcoin is NOT a get rich quick scheme, it's a useful online currency, there is potential of making profit hedging bitcoin and selling for USD etc... but it's still not 1)guaranteed profit, the price can move either way 2) even if successful, you won't get rich unless you are capable of investing allot of it.
full member
Activity: 332
Merit: 103
July 19, 2017, 12:40:30 PM
I don't know if we can say instant. With timing and patience wealth can be made. Not instantly thought. You also need some wealth to begin with. If you have both of those things then sure on a few years you will be rich bit can you wait that long ?
sr. member
Activity: 2506
Merit: 368
July 19, 2017, 11:56:51 AM
Why do you think bitcoin is an instant way to get rich?
When we have to try first get bitcoin.
Unless you know the future then you will become rich instsn.

Well for now it is not an instant way to get rich because we really have to be patient and took a lot of perseverance if we want to be rich with bitcoins.  Compared before that someone or people do have a good amount of bitcoin and if they still do then they are instant rich.  But the problem is, most of yhr timr those who have bitcoins before used their bitcoins to buy stuff.  Ending, no one left with huge amount of bitcoin.
We can't say Bitcoin is instant way to get rich. We need to be patient. It is long term investment, it takes time. A smart one always saves Bitcoin and wait until it goes higher. They choose the best suitable time to sell it and it has to be patient, a lot. But I can deny the benefit that Bitcoin brings to me.
I completely agree with you, but I want to say that if you trade with altcoin before you can become richer in a very short time. Indeed, with the help of Bitcoin, such results will be very difficult to achieve, but if working for a long perspective, then this is possible.
As you know when there is any issue in bitcoin then nobody believe in altcoins as well. So i will suggest you to invest 75% in bitcoin and invest 25% in altcoins then you will have a good result if you are just going for cheap altcoin what if they default in a future then your whole invest will be wasted so i would suggest you to go for bitcoin. There is no problem in a single bitcoin instead altcoins.
A good choice but what if alt-coins could boost just like ETH, you'll never know if you didn't try though. I think it's a good choice then for allowing 25% only for alt-coins since they were just almost a clone to bitcoins but with different features of course. Somehow those people who has ETH before is so lucky because they hold it for a long-term investments and sell their ETH with a high value. You could get rich here in bitcoin if you do manage well your investments.
member
Activity: 112
Merit: 100
July 19, 2017, 11:46:45 AM
You need to know!
Some people lose all their wealth because of bitcoin
hero member
Activity: 686
Merit: 500
July 19, 2017, 11:34:25 AM
Why do you think bitcoin is an instant way to get rich?
When we have to try first get bitcoin.
Unless you know the future then you will become rich instsn.

Well for now it is not an instant way to get rich because we really have to be patient and took a lot of perseverance if we want to be rich with bitcoins.  Compared before that someone or people do have a good amount of bitcoin and if they still do then they are instant rich.  But the problem is, most of yhr timr those who have bitcoins before used their bitcoins to buy stuff.  Ending, no one left with huge amount of bitcoin.
We can't say Bitcoin is instant way to get rich. We need to be patient. It is long term investment, it takes time. A smart one always saves Bitcoin and wait until it goes higher. They choose the best suitable time to sell it and it has to be patient, a lot. But I can deny the benefit that Bitcoin brings to me.
I completely agree with you, but I want to say that if you trade with altcoin before you can become richer in a very short time. Indeed, with the help of Bitcoin, such results will be very difficult to achieve, but if working for a long perspective, then this is possible.
As you know when there is any issue in bitcoin then nobody believe in altcoins as well. So i will suggest you to invest 75% in bitcoin and invest 25% in altcoins then you will have a good result if you are just going for cheap altcoin what if they default in a future then your whole invest will be wasted so i would suggest you to go for bitcoin. There is no problem in a single bitcoin instead altcoins.
newbie
Activity: 7
Merit: 0
July 19, 2017, 08:43:06 AM
what do you think about this topic?

Well bitcoin will make you rich but not that really "instant" because all job has its own process so do bitcoin have as well. It takes time and patience to get rich in bitcoin. If you certainly known that your are going to be rich, you will.
hero member
Activity: 924
Merit: 506
July 19, 2017, 08:36:33 AM
Some bullsh*t 27 pages and for what? Cheesy your definition of instant is way off the charts, in order for it to be true you'll need to buy 1 bitcoin for $2000 and the price rises to $2,000,000 in seconds that's impossible to happen ever. you'd have to be rich already for it to be true, you buying a few thousands of bitcoins when price dumps below $2000 and sell when it goes back up to $2400 and that would only happen in a week but it's true.
sr. member
Activity: 364
Merit: 256
July 19, 2017, 08:28:41 AM
I think maybe you can be rich by earning bitcoins but not that instant. There are many ways to earn bitcoin but some of them also are hard to earn. This will  depends on a person how they manages their earnings.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
July 19, 2017, 08:20:34 AM
To be fair, BTCBTCBTC was never meant as a product to get rich. It was made primarily to facilitate transfer of value, and not as a tool to get more. Being a store of value is very different from becoming an investment if you'd ask me.
sr. member
Activity: 882
Merit: 253
July 19, 2017, 08:07:24 AM
what do you think about this topic?

I think yes , this is really a great way to become  rich . But here if you will start work with zero rupees investment then I am 100% sure that you can't make big earnings and you need to do lot of hardwork and even I think in the starting you need to work for those works which are not giving a penny of the money .
But if we can make investment in better ways then it may be give the better results suddenly and without much risk ( if investment in many projects ) .
So overall we need hardwork to become rich with this awesome thing , otherwise it will works as  normal money and mode of payment only .

That is true that bitcoin can make us rich but not "instant" . It is like a step by step process. They only instant is winning a lotto game.
My friend do bitcoin and he is now a rich man. He started doing bitcoin years ago, he does not do trading, he did not do mining, and all of his investment is just his time and effort. He is just joining campaigns and believe or not he became rich after 2years (if I'm not mistaken). He is really aggresive and a hard working man when he starts bitcoin.
hero member
Activity: 1722
Merit: 528
July 19, 2017, 06:53:15 AM
Depends on how you define instant. If it's around 4-5 years, then yes. If by instant, you mean a couple of months/a year, then NO, it's NOT!

No doubt Bitcoin price can sky rocket at any time but it would still need a couple of years to appreciate and generate enough revenue for you to become a millionaire. However, if you just wanna sell it for smaller profits, then it could be a good investment option for you IMO.

The reason why it is called instant, it is because it is you can get the desired item automatically you put your interest on it, so it does not mean years, it does not mean weeks or months but instantly, or automatically.
And the time where you can be a millionaire in investing on bitcoin has ended, we are late 8 years ago to invest if we want to become a millionaire. Unless you start to become active in these forum and joined a lot of ICOs and Bounties, you may have a  chance.
sr. member
Activity: 1456
Merit: 359
July 19, 2017, 06:41:55 AM
what do you think about this topic?

I think yes , this is really a great way to become  rich . But here if you will start work with zero rupees investment then I am 100% sure that you can't make big earnings and you need to do lot of hardwork and even I think in the starting you need to work for those works which are not giving a penny of the money .
But if we can make investment in better ways then it may be give the better results suddenly and without much risk ( if investment in many projects ) .
So overall we need hardwork to become rich with this awesome thing , otherwise it will works as  normal money and mode of payment only .
Yeah you're correct. For me it is also bridge for us to become rich. The bitcoin is really a heaven for many people. Bitcoin gave us a opportunity that gave job for us to earn money. I know by hard working to the bitcoin we can be rich .
full member
Activity: 128
Merit: 100
July 19, 2017, 06:35:36 AM
No!
Whoever thinks Bitcoin is the path to being rich is wrong!
Being part of the Bitcoin journey will make many people rich and much more people that think it's a quick and easy investment, poor.

I believe whoever holds 3-5 Bitcoin will be wealthy in 20-30 years. but it takes time and it is a very very long term investment.

Be patient. Don't think it will give you the benefit of leaving your day job in the near future.
hero member
Activity: 882
Merit: 500
July 19, 2017, 06:29:22 AM
what do you think about this topic?

I think yes , this is really a great way to become  rich . But here if you will start work with zero rupees investment then I am 100% sure that you can't make big earnings and you need to do lot of hardwork and even I think in the starting you need to work for those works which are not giving a penny of the money .
But if we can make investment in better ways then it may be give the better results suddenly and without much risk ( if investment in many projects ) .
So overall we need hardwork to become rich with this awesome thing , otherwise it will works as  normal money and mode of payment only .
jr. member
Activity: 54
Merit: 10
July 19, 2017, 05:58:34 AM
Depends on how you define instant. If it's around 4-5 years, then yes. If by instant, you mean a couple of months/a year, then NO, it's NOT!

No doubt Bitcoin price can sky rocket at any time but it would still need a couple of years to appreciate and generate enough revenue for you to become a millionaire. However, if you just wanna sell it for smaller profits, then it could be a good investment option for you IMO.
legendary
Activity: 1456
Merit: 1005
July 19, 2017, 05:27:36 AM
Bitcoin can make you a millionaire if you invest at the right time, but you can lose everything if you invest in the wrong time. If investing makes you rich in a short time, it also carries a high risk of making you lose everything. Tips for you
Yes but we missed the right time. Last year it was a good time to invest our money in Bitcoin. May be that time will never come in future. Means we will not see Bitcoin under $1000. Who all bought Bitcoin under this price they all become a millionaire after this segwit.
sr. member
Activity: 336
Merit: 250
July 19, 2017, 05:18:26 AM
We cannot estimate as earning money is depends on the real market value of Bitcoin. You can get profit if you sell for a high price than investing. Another way, you are eligible to get free bitcoins from deferent sources. Be patient and hard work in always is to be successful in life or business.
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