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Topic: Bitcoin is instant way to get rich ? - page 97. (Read 69246 times)

full member
Activity: 196
Merit: 100
July 05, 2017, 07:32:50 PM
Bitcoin is not a quick to get rich scheme.Even though it has tripled in its price in the past six months,still it is volatile in nature.It solely depends on the increase and decrease in demand for its price.So a good amount should be invested and we have to wait for our investment to grow and overnight success is not possible.
sr. member
Activity: 378
Merit: 250
July 05, 2017, 07:24:29 PM
Well it was. I don't know about now. By that I mean in 2009 when Bitcoin was released, it was worth a fraction of what it is worth today. So if you were smart enough to buy at least 1 Bitcoin, you would be considerably richer today.

Yet, it is still possible to become rich through crypto. Bitcoin's price has been fluctuating immensely lately. Perfect for trading. Not only that major altcoins like Ethereum and Litecoin is also experiencing volatility in their prices. Instant win win for traders.

Another thing is investing in bitcoin. If you didn't or couldn't invest in Bitcoin in 2009, I would suggest you do so now. Bitcoin technology is getting more popular and more efficient by the day. We are getting tons of new members into the Bitcoin community. Price surges are coming our way. Moreover, Bitcoin is a deflationary currency. That means that price should continue to stay on the overall positive trend.
full member
Activity: 244
Merit: 100
July 05, 2017, 07:20:27 PM
Well not exactly to be instant rich, but it is a good way to do money and invest in futures bussiness that you will like to start off Smiley
newbie
Activity: 44
Merit: 0
July 05, 2017, 07:17:07 PM
Yes exactly once bitcoin the fastest way to get rich but it all depends on the user himself, how diligent in finding bitcoin, the more diligent the faster to achieve it
full member
Activity: 1330
Merit: 248
July 05, 2017, 07:09:01 PM
what do you think about this topic?

I don't think so, because it is also depend if we trust our bitcoin in our bitcoin wallets. Because some other people don't belive that the value of bitcoin will not going up, so they immediately withdraw it.
full member
Activity: 209
Merit: 100
July 05, 2017, 06:15:51 PM
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.
Bitcoin cannot be a way to get instant rich, but it is one way so people could rich. If you wanted to be rich you need to work hard for it and patience is a virtue you must need to be patient.
legendary
Activity: 1120
Merit: 1000
July 05, 2017, 06:10:06 PM
Bitcoin is the most stable coin, but the easy road to reach at the moment is altcoin, atleat i do believe i will be able to reach something i never thinked i would reach without the altcoin, with those investment im able to reach my goal at bitcoin and maybe cross it.
I agree with you, altcoin is one of the closes way to get rich in an instant way because they are more volatile than bitcoin and the price of altcoins are cheaper than bitcoin so it is very easy to other people to manipulate it and make money with it without having a lot of problems because if they have knowledge about altcoins then they can easily make money.
i think it is depending on ones nature, if a person is considering 2 to 3 year profit as an instant profit then it s ok. otherwise bitcoin cannot give you a very fast profit that your expecting from it.
sr. member
Activity: 906
Merit: 263
July 05, 2017, 05:35:11 PM
No not instant. But if you patient and play your cards properly you can become very wealthy. Timing and some luck is key. Maybe if the market crashed it could be instant I guess. But instant is a misleading word I don't like to use often.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
July 05, 2017, 05:22:10 PM
To get rich you need to be hardwork.. but if you are the old long time holder you already reach by now.. if you can wait for a 3 year just like other people before.. you can make a good profit after 3 years if you buy bitcoin today..
So buying bitcoin is always good idea check almost all over the internet almost all site right now are accepting bitcoin as payment..
So it mean bitcoin is growing and more site and more country would be see the importance of bitcoin..
newbie
Activity: 28
Merit: 0
July 05, 2017, 05:21:27 PM
what do you think about this topic?

I do not agree at all, I think it is too late to get rich from bitcoin since it is already cultivated and there are many people who have already concretized the monopoly of this latter !!
However, you can also make some money but it does not mean becoming rich !!
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 05, 2017, 05:18:35 PM
Over night success cannot be expected in anything.Bitcoin is not a quick rich scheme.Even though,bitcoin price has tripled in the last six months,still it is also volatile and price fluctuations occur often as per the increase and decrease in demand.So,even if you invest in bitcoin,it would take time to get rich.
Getting rich opportunities most of the time are nothing like that and you end up being impoverished by them, bitcoin is obviously not like that, bitcoin offers the opportunity for those that are patient, while earnings can come overnight we must not rely on them to make money since it is very likely a correction will happen soon enough and you will lose most of the money you won the very next day.
hero member
Activity: 1806
Merit: 672
July 05, 2017, 05:16:46 PM
For me earning Bitcoin before surely I will answer with a Big Yes you can easily be rich with Bitcoin. But right now it depends on two things one is how successful your trade is and two how big a capital you have. With its volatility and recent highs it would be impossible again to reach new highs for a short time frame, not unless there are big changes to the system. Now what people can do is to take advantage of its volatility and ride it when it is low and sell it when it is high.
sr. member
Activity: 588
Merit: 251
July 05, 2017, 05:13:21 PM
i don't agree it is an instant way to get rich. but it is true that u may get rich with the help of bitcoin if you know the better way to invest btc and have btc to invest.
If you don't agree, but you know pretty sure that becoming rich with Bitcoin does not come easily, otherwise, you put in your money in investing into Bitcoin, and the money you put in is as equal to the money you will receive if patience is not exercised.
sr. member
Activity: 588
Merit: 251
July 05, 2017, 05:04:37 PM
what do you think about this topic?

It is an instant way truly to get rich, but in a slow and steady manner.
Its not like people who win in a jackpot game millions upon millions, but in Bitcoin the millions will come but not in an instant form.
sr. member
Activity: 546
Merit: 256
July 05, 2017, 05:01:16 PM
If you're entering the Bitcoin market as a way to get rich instantly you're in for a VERY wild ride.

Using bitcoin will not give you a certainty that you will be rich in the future, it is how you will be going to handle your money and how you will be able to distribute it  for a better profit. Being rich instantly is not true when it comes to investing on bitcoin, you must be really patient on doing your investments because it will not always give you profit.
newbie
Activity: 2
Merit: 0
July 05, 2017, 04:56:23 PM
If you're entering the Bitcoin market as a way to get rich instantly you're in for a VERY wild ride.
sr. member
Activity: 423
Merit: 250
July 05, 2017, 04:51:28 PM
what do you think about this topic?

Yes bitcoin really provides us an instant income but it does not really mean that getting a huge amount of instant money can lead you to being an instant rich person. Getting instant rich is not possible in using bitcoin. Yes you may get rich in investing on bitcoin but not that instant. You will have to go through procedures and circumstances in your way going to your goal. It also depends on how you manage and hold your bitcoin to lead you into everybody's goal: getting rich.
copper member
Activity: 1050
Merit: 294
July 05, 2017, 02:54:43 PM
Somehow i agree with this because many people here have made big through bitcoins in a short period of time, but it needs attention, devotion and time like any other business or job needs.
sr. member
Activity: 966
Merit: 274
July 05, 2017, 09:07:58 AM
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.
I also do not believe on the instant things in life. Because before we achieved something we need to moved or do our part for it to happened. Bitcoin can help people to earn on the point that it can provide things about your basis transaction, it can also give more or you could earn more by trying to investment and trading for you to earn more.
full member
Activity: 133
Merit: 100
July 05, 2017, 07:59:51 AM
It is not a simple question to answer. It depends upon the market, people and usage of bitcoin. It is purely based upon the luck.
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