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Topic: Can I still get wealthy through Bitcoin? - page 2. (Read 37424 times)

sr. member
Activity: 994
Merit: 257
December 09, 2019, 01:00:11 PM
Five years is too long of a time to me, bitcoin most likely will surpass the previous ATH in a time span between one and three years, some may consider that range to still be too long but everything will depend on whether or not we see the bull market appearing immediately after the halving or if we see a huge delay in the time that it takes for the bulls to show up, and it will also depend on what happens with the market during the next months, if the market remains stable then we could see the bull market appearing sooner but if it goes down even more it will take a longer time for the bulls to show up.
I try to hope it will be the same as the history of Halving. 1 year after halving there will be a big increase, it might be able to make a new ATH. 5 years is very long, we don't even know, whether in the next 5 years prices will go down or increase. maybe after the new ATH, I will not expect much in the next increase, I will try to build wealth with an offline or online business because in bitcoin the risk is quite big and it is quite tiring.
History never repeats itself in exactly the same way, I know that after the halving that happened in 2016 we saw a delay of about one year before bitcoin began to go up in value, and it is natural for many people to believe that the same will happen again but I have my doubts, but one thing I know for sure is that the bull market will come and when that happens I'm going to be holding my coins, I had a bad experience at the end of 2017 when the market crashed and I'm not going to let that happen to me again.
legendary
Activity: 1862
Merit: 1046
December 03, 2019, 04:18:11 AM
You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.
2020 is the year you've been waiting for. I think that when you are late investing in 2017, then this will most likely be the 2nd chance. Even though the conditions are not the same, there is a possibility that the next bitcoin price increase in 2020 will make bitcoin investors get a lot of profits. with this opportunity, you can still get rich by using bitcoin.
I am not sure about the future of Bitcoin and everything happens very suddenly so it is difficult to predict this coin. Now Bitcoin is being held by a lot of long term investors and everyone hopes that Bitcoin can grow back as soon as possible. I think it will take at least another 5 years for this coin to break out of the bear market and start growing again like 2017.

However, this is only a prediction of many people and I still do not see any reason to buy Bitcoin now because the current risk is very high and the recent bad news makes investor psychology scared.
Five years is too long of a time to me, bitcoin most likely will surpass the previous ATH in a time span between one and three years, some may consider that range to still be too long but everything will depend on whether or not we see the bull market appearing immediately after the halving or if we see a huge delay in the time that it takes for the bulls to show up, and it will also depend on what happens with the market during the next months, if the market remains stable then we could see the bull market appearing sooner but if it goes down even more it will take a longer time for the bulls to show up.
I try to hope it will be the same as the history of Halving. 1 year after halving there will be a big increase, it might be able to make a new ATH. 5 years is very long, we don't even know, whether in the next 5 years prices will go down or increase. maybe after the new ATH, I will not expect much in the next increase, I will try to build wealth with an offline or online business because in bitcoin the risk is quite big and it is quite tiring.
sr. member
Activity: 994
Merit: 257
December 02, 2019, 01:42:11 PM
You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.
2020 is the year you've been waiting for. I think that when you are late investing in 2017, then this will most likely be the 2nd chance. Even though the conditions are not the same, there is a possibility that the next bitcoin price increase in 2020 will make bitcoin investors get a lot of profits. with this opportunity, you can still get rich by using bitcoin.
I am not sure about the future of Bitcoin and everything happens very suddenly so it is difficult to predict this coin. Now Bitcoin is being held by a lot of long term investors and everyone hopes that Bitcoin can grow back as soon as possible. I think it will take at least another 5 years for this coin to break out of the bear market and start growing again like 2017.

However, this is only a prediction of many people and I still do not see any reason to buy Bitcoin now because the current risk is very high and the recent bad news makes investor psychology scared.
Five years is too long of a time to me, bitcoin most likely will surpass the previous ATH in a time span between one and three years, some may consider that range to still be too long but everything will depend on whether or not we see the bull market appearing immediately after the halving or if we see a huge delay in the time that it takes for the bulls to show up, and it will also depend on what happens with the market during the next months, if the market remains stable then we could see the bull market appearing sooner but if it goes down even more it will take a longer time for the bulls to show up.
hero member
Activity: 1778
Merit: 504
WorkAsPro
November 28, 2019, 04:31:37 AM
You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.
2020 is the year you've been waiting for. I think that when you are late investing in 2017, then this will most likely be the 2nd chance. Even though the conditions are not the same, there is a possibility that the next bitcoin price increase in 2020 will make bitcoin investors get a lot of profits. with this opportunity, you can still get rich by using bitcoin.
I am not sure about the future of Bitcoin and everything happens very suddenly so it is difficult to predict this coin. Now Bitcoin is being held by a lot of long term investors and everyone hopes that Bitcoin can grow back as soon as possible. I think it will take at least another 5 years for this coin to break out of the bear market and start growing again like 2017.

However, this is only a prediction of many people and I still do not see any reason to buy Bitcoin now because the current risk is very high and the recent bad news makes investor psychology scared.
sr. member
Activity: 994
Merit: 257
November 27, 2019, 05:08:40 PM
Imo there are still chances to become rich with BTC. The price isn't so high right now so it's adequate time to buy it. In the near future it might bring some huge profit, you didn't miss an opportunity.
Obviously there are still many chances to become rich with bitcoin but as time passes the more important your starting capital becomes, just a few years ago if you had invested in bitcoin just a few hundred dollars you could be incredibly rich right now, but those days are over and it is pointless to try to think about what it could had been if we were one of those people, what we need to do is to concentrate in what we need to do to become wealthy through bitcoin and you really only need two things, to hold your bitcoin no matter what and to invest a substantial amount of money in it.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
November 27, 2019, 11:44:47 AM
You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.
2020 is the year you've been waiting for. I think that when you are late investing in 2017, then this will most likely be the 2nd chance. Even though the conditions are not the same, there is a possibility that the next bitcoin price increase in 2020 will make bitcoin investors get a lot of profits. with this opportunity, you can still get rich by using bitcoin.
sr. member
Activity: 1890
Merit: 295
GOD is TRUE
November 27, 2019, 10:27:46 AM
with minimal capital, at this time we can still accumulate hope for wealth. previously I was very confused when bitcoin fluctuations were out of control and could only surrender to see assets go down, now there are stable coins as temporary defense assets. Bitcoin has not been widely adopted, opportunities are still wide open to accumulate the ability to add assets, must prioritize skills, intentions, and actions, and be prepared for whatever happens during halving.
newbie
Activity: 39
Merit: 0
November 27, 2019, 09:38:32 AM
Imo there are still chances to become rich with BTC. The price isn't so high right now so it's adequate time to buy it. In the near future it might bring some huge profit, you didn't miss an opportunity.
sr. member
Activity: 742
Merit: 397
November 27, 2019, 09:09:15 AM
You can still get wealthy through bitcoin if you will invest now because the price of bitcoin is on a black friday sale which means that it has a huge discount offer. If you will buy now then you are buying yourself a chance to be wealthy in the future because the halving is about to happen in 2020 and it gives a huge hope for us investors because the production of bitcoin will get harder.
member
Activity: 784
Merit: 10
https://streamies.io/
November 27, 2019, 07:57:45 AM
Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
Anyone can be rich through bitcoin or other top alts. The important thing is how they can get rich with it. I see many people using their bitcoins to trade for people who need to buy other bitcoins at a higher price than the market. There is also a way to get rich.
or you have a knowledge base of trading, you can participate in the fields of trading such as margin trading, future contacts, ... it can completely help you be rich if you make efforts.
member
Activity: 464
Merit: 10
November 27, 2019, 07:04:40 AM
You still have a chance to be a millionaire through Bitcoin... If you have the guts to invest a big amount of money in cryptocurrency however even if you invest a big amount of money you can't still be a millionaire if you don't have enough or proper knowledge about the market or trading.

You can gain profit from the volatile market take the guts on buying on the bearish market and earn a lot in bullish market however the risk of investing to a volatile industry is high so you should know the considerations you might get in investing to cryptocurrency industry.
I think the problem of loss or loss not only occurs in the cryptocurrency market but also in the stock market, real estate or other investment assets. Although the mayor of cryptocurrencies is unpredictable and unstable, the loss or success is largely due to you, if you want to be rich, then lose your safety, nobody succeeds in just one night, must undergo through the difficult road to find success, the cryptocurrency market is a new and potential market, if you spend enough time to learn about knowledge, gain experience through transactions, then success is yours.
sr. member
Activity: 952
Merit: 251
November 26, 2019, 12:44:39 PM
You still have a chance to be a millionaire through Bitcoin... If you have the guts to invest a big amount of money in cryptocurrency however even if you invest a big amount of money you can't still be a millionaire if you don't have enough or proper knowledge about the market or trading.

You can gain profit from the volatile market take the guts on buying on the bearish market and earn a lot in bullish market however the risk of investing to a volatile industry is high so you should know the considerations you might get in investing to cryptocurrency industry.

Well you will also have chance even if you have invested a small amount of money but it will surely requires you a lots of effort to achieve it but whether small or big everything will depends on you, on you skills and knowledge, on how you analyze the market, the charts, that will dictate whether you will earn or not in bitcoin. After you have exert lots of efforts and money on bitcoin i think you can achieve what you want to achieve to call yourself a wealthy man.
It is the rule of nature that whatever is worth having is never a piece of cake for you. You need to work day and night to achieve that. If we talk about traders, indeed these are the people who are keeping exchanges alive and they are the ones who are making a lot of money but definitely, for achieving all this they have put laborious efforts into trading currencies.
sr. member
Activity: 994
Merit: 257
November 22, 2019, 11:51:58 AM
4 years ago I thought the same thing, and maybe many people think about it again in the next 10 years. This is not a matter of price but the latest developments that are never separated from the world view of technology, even the government is always preparing a lot of things to finally think hard to position fiat and bitcoin. We are lucky that bitcoin is back to doing a long retracement at current prices, there is no other word besides "buy now"

It depends, the market is really unpredictable, but for now maybe buying now and holding it for a decade might make you wealth just like those who hold and bought Bitcoin way back 5-10 years ago. For now holding Bitcoin is so unpredictable, there is no guarantee at all, there's a lot of experts that are contradicting their analysis, so we don't know what path Bitcoin really will be in the coming months, for now, all are waiting for good news and for the upcoming halving.

Of course, you are right, but if the price of Bitcoin is not increasing how can altcoins will start increasing. Bitcoin is always profitable if you manage to hold them for the long term. Even though many predictors are saying useless, but the actual scenario is bitcoin should increase its price otherwise, most of the cryptocurrencies will become null value.
There have been several instances in the past in which the price of bitcoin did not move and altcoins began to grow quite quickly, but the conditions for that kind of the scenario to happen are not there, even at the moment that we are seeing the price of bitcoin going down the price of altcoins is going down even faster meaning that investors are cashing out there profits and getting fiat in return for their coins and with that kind of attitude it is impossible for altcoins to grow.
hero member
Activity: 1778
Merit: 504
WorkAsPro
November 19, 2019, 04:43:28 AM
4 years ago I thought the same thing, and maybe many people think about it again in the next 10 years. This is not a matter of price but the latest developments that are never separated from the world view of technology, even the government is always preparing a lot of things to finally think hard to position fiat and bitcoin. We are lucky that bitcoin is back to doing a long retracement at current prices, there is no other word besides "buy now"

It depends, the market is really unpredictable, but for now maybe buying now and holding it for a decade might make you wealth just like those who hold and bought Bitcoin way back 5-10 years ago. For now holding Bitcoin is so unpredictable, there is no guarantee at all, there's a lot of experts that are contradicting their analysis, so we don't know what path Bitcoin really will be in the coming months, for now, all are waiting for good news and for the upcoming halving.
Crypto currency is so volatile in which we can't predict its value. Even traders and users become more frustrating nowadays due to the market is so bearish but there is still hope to become wealthy on the bitcoin though it takes time to learn. If you have enough patience to wait and learn, you can earn but not as much profit to have a wealthy living. Its better to have a profit even how small profit to you have, because someday it definitely a good profit as it's relying on the value of bitcoin that may suddenly increase in the future.

I think crypto market is very easy to manipulate and the big volatility is controlled by the whales so during this time any trade is very risky. I could not predict what would happen next and was always in a state of anxiety when trading so investors often suffered huge losses. Now, if you don't have specific investment strategy, it will be very difficult to survive this year because the bear market is still overwhelming the entire market.
Now, most trusted choice is to hold Bitcoin for 3 to 5 years and you will earn huge profits from your investment.
full member
Activity: 1134
Merit: 103
November 19, 2019, 01:53:18 AM
4 years ago I thought the same thing, and maybe many people think about it again in the next 10 years. This is not a matter of price but the latest developments that are never separated from the world view of technology, even the government is always preparing a lot of things to finally think hard to position fiat and bitcoin. We are lucky that bitcoin is back to doing a long retracement at current prices, there is no other word besides "buy now"

It depends, the market is really unpredictable, but for now maybe buying now and holding it for a decade might make you wealth just like those who hold and bought Bitcoin way back 5-10 years ago. For now holding Bitcoin is so unpredictable, there is no guarantee at all, there's a lot of experts that are contradicting their analysis, so we don't know what path Bitcoin really will be in the coming months, for now, all are waiting for good news and for the upcoming halving.

Of course, you are right, but if the price of Bitcoin is not increasing how can altcoins will start increasing. Bitcoin is always profitable if you manage to hold them for the long term. Even though many predictors are saying useless, but the actual scenario is bitcoin should increase its price otherwise, most of the cryptocurrencies will become null value.
sr. member
Activity: 994
Merit: 257
November 18, 2019, 03:00:17 PM
For anyone who asks this question, it's still very early on in this experiment. We're currently a little over 10 years in. Imagine what the price of Bitcoin and other alts, some we've not even heard of yet, will be in another 10 years from now. The best time to invest in crypto is now. If you hold long term, you'll end up doing very well. No matter what price you buy in. However, I still recommend not buying it at all time highs.
Most investors have a very short memory, they are only thinking about the recent profits bitcoin gave and the possible profits it could give during the next months, but for those that can see farther than that and understand that bitcoin is a technology that will change the world the potential is enormous, I am sure that in the future even a small amount of coins could be enough to make your life very comfortable and all of those that knew of the existence of bitcoin but decided not to invest in it will probably regret it.
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
November 18, 2019, 09:29:44 AM
For anyone who asks this question, it's still very early on in this experiment. We're currently a little over 10 years in. Imagine what the price of Bitcoin and other alts, some we've not even heard of yet, will be in another 10 years from now. The best time to invest in crypto is now. If you hold long term, you'll end up doing very well. No matter what price you buy in. However, I still recommend not buying it at all time highs.
sr. member
Activity: 889
Merit: 253
November 17, 2019, 01:27:20 PM
You still have a chance to be a millionaire through Bitcoin... If you have the guts to invest a big amount of money in cryptocurrency however even if you invest a big amount of money you can't still be a millionaire if you don't have enough or proper knowledge about the market or trading.

You can gain profit from the volatile market take the guts on buying on the bearish market and earn a lot in bullish market however the risk of investing to a volatile industry is high so you should know the considerations you might get in investing to cryptocurrency industry.

Well you will also have chance even if you have invested a small amount of money but it will surely requires you a lots of effort to achieve it but whether small or big everything will depends on you, on you skills and knowledge, on how you analyze the market, the charts, that will dictate whether you will earn or not in bitcoin. After you have exert lots of efforts and money on bitcoin i think you can achieve what you want to achieve to call yourself a wealthy man.
In my opinion, the only thing that is required to get benefit from bitcoin is taking the decision to invest in it. The early investors never imagined bitcoin to touch high marks of 20k dollars but this happened. They took the chance when no one was even willing to pay bit of attention to bitcoin and then, they just hold it out of trust. Invest some money in bitcoin, trade in it or hold but never sell it out of fear.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
November 16, 2019, 11:49:32 AM
You still have a chance to be a millionaire through Bitcoin... If you have the guts to invest a big amount of money in cryptocurrency however even if you invest a big amount of money you can't still be a millionaire if you don't have enough or proper knowledge about the market or trading.

You can gain profit from the volatile market take the guts on buying on the bearish market and earn a lot in bullish market however the risk of investing to a volatile industry is high so you should know the considerations you might get in investing to cryptocurrency industry.

Well you will also have chance even if you have invested a small amount of money but it will surely requires you a lots of effort to achieve it but whether small or big everything will depends on you, on you skills and knowledge, on how you analyze the market, the charts, that will dictate whether you will earn or not in bitcoin. After you have exert lots of efforts and money on bitcoin i think you can achieve what you want to achieve to call yourself a wealthy man.
sr. member
Activity: 540
Merit: 252
November 13, 2019, 09:23:17 PM
4 years ago I thought the same thing, and maybe many people think about it again in the next 10 years. This is not a matter of price but the latest developments that are never separated from the world view of technology, even the government is always preparing a lot of things to finally think hard to position fiat and bitcoin. We are lucky that bitcoin is back to doing a long retracement at current prices, there is no other word besides "buy now"

It depends, the market is really unpredictable, but for now maybe buying now and holding it for a decade might make you wealth just like those who hold and bought Bitcoin way back 5-10 years ago. For now holding Bitcoin is so unpredictable, there is no guarantee at all, there's a lot of experts that are contradicting their analysis, so we don't know what path Bitcoin really will be in the coming months, for now, all are waiting for good news and for the upcoming halving.
Crypto currency is so volatile in which we can't predict its value. Even traders and users become more frustrating nowadays due to the market is so bearish but there is still hope to become wealthy on the bitcoin though it takes time to learn. If you have enough patience to wait and learn, you can earn but not as much profit to have a wealthy living. Its better to have a profit even how small profit to you have, because someday it definitely a good profit as it's relying on the value of bitcoin that may suddenly increase in the future.

For long term then I would say yes but if you don’t like to wait for a long time so that your money would double, triple or whatever then you can go try trading. What you’ll gonna do is taking advantage of the fact that cryptocurrencies’ volatility but of corse you shouldn’t dive straight into it without prior knowledge since the hope of earning so much could also mean it would lose you as much money. So better do some proper research for and make sure you understand how it works. Start with a little bit of capital just to familiarize yourself rather than going on with the articles, books or videos you have watched.
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