Yes, with the signs bitcoin is showing to the world by steady pumping show with time many richest will be coming from bitcoin. Since fiat money is more older than bitcoin in the world and many investors are use to fiat money in the area of investment. During the pandemic many investors, now know how good bitcoin is in the area of investment which anyone can can use to enrich his self in the country. Many currencies devalue during the lockdown which was causing bitcoin a serious pumping through out the pandemic that make many people rate it the best currency among other cryptocurrencies.
Topic: Can bitcoin make someone the richest in the world? - page 7. (Read 2411 times)
They have many people are became rich through the bitcoin but in the richest in the world I don't think so. We know richest person having hundreds billions of dollars. I do not know how much the highest profit that a person in the crypto made but for sure a lot of millionaire because their invested to the bitcoin only became billionaire.
The more investing you make to bitcoin before the high possibility for you to earn a lot of profit or become a rich person.
The more investing you make to bitcoin before the high possibility for you to earn a lot of profit or become a rich person.
Yes, in bitcoin investment if this will keep coming up with bitcoin market all things will become possible. The rich man investing in bitcoin can become the richest or could surpass other rich people eventually due to the fact that profit earning investing in bitcoin could get a good return in just a few years of holding it. Imagine the last bull run was 2017 and now the current is 2020. In just 3 years bitcoin market had been making great. Aside from that the in just 2020 january where market had been crushing like falling down to 3K$ and it did make 6x market price increase just this year only.
They became the richest person because they have multiple business scattered in different fields and maybe they had invested in crypto too, but bitcoin alone i think it couldn't be possible to happen. But Bitcoin can also give you wealth if you know how to ride the flow of fluctuations, we do not know to what extent bitcoin can thrive and what else it can bring us in the future.
Bitcoin could make you rich and poor because if wrong prediction you will loss all your money when bitcoin go down, but if you get correct prediction price you will be rich with bitcoin and altcoin investing or trading. Now you have try how to get much money with bitcoin and lear every time how many possible for bitcoin back to higher price, do not entry when bitcoin have been on the top price, please be waiting when bitcoin have correction price to buy and sell bitcoin because will give impact for bitcoin to get good position and you can get much profit later, many people will be panic to buy when bitcoin have been on higher price but panic for selling when bitcoin dump.
I think since bitcoin was born. It has changed many aspects of our life such as trading, technology and it is bringing many changes and opportunities for young people to enter the crypto market. They invest in Bitcoin and bring wealth than other fields are real. but we should understand that not everyone can become rich if he does not have a clear understanding of Bitcoin.
I think the term we should use here is WEALTHY, not rich. Someone can win the lottery and be rich, but someone like that will likely slowly lose its net worth because he does not know how to manage that kind of money. He will most likely buy a mansion and two-three super-expensive cars.
Someone who holds Bitcoin long enough is not the kind of man who sells everything for a house because if he was, he would not hold it for higher profits once he has the necessary amount to buy the last series 8 bmw, or ferrari.
I don't think so, because the supply of bitcoin every few blocks or years has decreased due to halving, a person's wealth is not measured by money alone, maybe certain assets such as houses and cars and stocks will be counted as the richest person in the world.
If you are comparing the richest man from Bitcoin and other industries, of t-curse, the one from industry will be the winner. they have run the industries not only for several years. they are also developing their companies very well and also they have big investors. But in Bitcoin, the supply is limited and it cannot make anybody reach in the short time.
Man, I'm sure the richest of the rich in this world became rich because of business and multiple investments from different platforms, maybe some invested in bitcoin too. And I think someone can be rich here, but I'm also sure he will try to create business in fiat too just to be among one of the richest. Capitalism makes them rich too btw, in bitcoin or in fiat, it will be the same.
Its undoubtedly that having a single token of bitcoin was a real high worth if it would exchange in fiat. But knowing the richest man alive on earth could possibly be by just dealing full time in bitcoin i bet would take for some time though it isn't impossible but the legalization of bitcoin would be a big factor for it. As far as i know becoming a richest man shouldn't have to focus in a one kind of platform of investment and that's how the richest man alive today does.
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
The richest man in Africa maybe a businessman but it certain that he diverse his investment commodity and the last time i checked most of the billionaires prefer Gold above fiat. However, if he investment in Bitcoin he won't tell you because 90% of Bitcoin whales don't publicly declare they are Bitcoin enthusiast or investors. The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
If eventually one person sells 13 million bitcoins today he/she would overtake Jeff Bezoz to be the world richest person. That will be very fatal to Bitcoin and the economy. So Bitcoin can't make anyone the richest person but it can definitely make you rich with volatility from the previous price you bought it.
I think since bitcoin was born. It has changed many aspects of our life such as trading, technology and it is bringing many changes and opportunities for young people to enter the crypto market. They invest in Bitcoin and bring wealth than other fields are real. but we should understand that not everyone can become rich if he does not have a clear understanding of Bitcoin.
I think the term we should use here is WEALTHY, not rich. Someone can win the lottery and be rich, but someone like that will likely slowly lose its net worth because he does not know how to manage that kind of money. He will most likely buy a mansion and two-three super-expensive cars.
Someone who holds Bitcoin long enough is not the kind of man who sells everything for a house because if he was, he would not hold it for higher profits once he has the necessary amount to buy the last series 8 bmw, or ferrari.
I think since bitcoin was born. It has changed many aspects of our life such as trading, technology and it is bringing many changes and opportunities for young people to enter the crypto market. They invest in Bitcoin and bring wealth than other fields are real. but we should understand that not everyone can become rich if he does not have a clear understanding of Bitcoin.
If we can analyze Bitcoin price movements, then we can buy Bitcoin when the price is cheap and sell it when the price is high.
Bitcoin should theoretically be able to make someone the richest in the world. But this is when the practice is difficult and requires
luck for everything to run smoothly and according to plan.
Bitcoin should theoretically be able to make someone the richest in the world. But this is when the practice is difficult and requires
luck for everything to run smoothly and according to plan.
The act of holding Bitcoin is considered an investment by itself and taking into account the ROI multiples one can make in just a few years I'd say that one can become very rich without leveraging their Bitcoins on other investments.
Of course that you could get a loan using BTC as collateral and use that money for other profitable endeavors, but this way you increase the risk.
Of course that you could get a loan using BTC as collateral and use that money for other profitable endeavors, but this way you increase the risk.
Man, I'm sure the richest of the rich in this world became rich because of business and multiple investments from different platforms, maybe some invested in bitcoin too. And I think someone can be rich here, but I'm also sure he will try to create business in fiat too just to be among one of the richest. Capitalism makes them rich too btw, in bitcoin or in fiat, it will be the same.
Bitcoin can make rich not richest.yes if someone invested before 2016 and forgotten about his investment, Now he is richest.Actually when we see greenery in market we take profit and do not wait further which is a good method.
I dont think anyone will become richest person in the world just by investing in bitcoin, you have to think why would anyone put all his money in one place with soo much volatility.Currently Jeff Bezos richest man in the world have net worth of 190 billion dollars you would need atleast 10 to 11 million bitcoins to match that price and I dont think that much bitcoin would be with a individual.All the top rich persons have business and investments in many fields, with bitcoin you might can become rich but not the richest.
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
This is the problem with you people,You are comparing Bitcoin to any business though this is far different from each other.The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
Bitcoin is a currency and must be use as payment method,The problem is the nature in which the early adopters Made big Money just by Holding thats why People inside crypto tend to Keep holding for a chance of becoming instant millionaire.
But your point is correct that Richest people might not know or not investing in crypto But they continue to get richer.
While people inside this market are still seeking for a Jackpot that their coin will Go mooning and their Money will multiplied by hundreds.
Start having a life outside this market,Just use this for investing and work and progress outside.
I think it is impossible for someone to become the richest person in the world because of bitcoin at this time
At the current price of bitcoin you need to have at least around 20 million bitcoins to match Jeff Bezos' wealth
but it is different if what you highlight is altcoins it is very possible that there are people who can become the richest people in the world because they do not depend on 1 asset
At the current price of bitcoin you need to have at least around 20 million bitcoins to match Jeff Bezos' wealth
but it is different if what you highlight is altcoins it is very possible that there are people who can become the richest people in the world because they do not depend on 1 asset
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