Can I still get wealthy through Bitcoin? - page 29.

darkr

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Quote from: Keyboard PC on November 08, 2018, 04:36:11 AM

when you understand the workings of bitcoin and can know the price movements of bitcoin then you will be very easy to become rich in bitcoin, hopefully bitcoin in the future can be very expensive and can make you become rich.

Find much money to invest in Bitcoin now. Do not sell it for several years. Stay a hodler, and go on to work on your permanent job. In several years, you will understand that you have earned much on BTC.

yugyug

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Activity: 616

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If you have a wider vision about the future of cryptocurrency and believe the biggest potential about the distributed ledger technology like blockchain then adopting this new trend and support it like putting some investments then i would say YES, we can be wealthy through cryptocurrency in general not only in bitcoin but it is still depends on how you manage your investments and be never get affected by speculations and FUDs and always keep focus on the brighter future of cryptocurrency.

dante1265

newbie

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You can always get wealthy with BTC. Even in the bear market you can do margin trading and still get rich

btcmegastar

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Quote from: emberbekas on November 08, 2018, 03:54:10 AM

Quote from: tiggytomb on November 08, 2018, 02:15:37 AM

Quote from: Drysprinkles291 on November 04, 2018, 10:41:35 PM

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?

It's not too late to get rich through bitcoin but I can't see it exploding that much, some of the other coins have more room for growth and they could possibly be the likeliest to make many wealthy but bitcoin will do well.

It's never too late though if we look at the price from today's viewpoint where prices are already at a high level, but the possibility of bitcoin prices going up again is still widely open. So, if we really believe that bitcoin will soar, this is a good time to start.

Yes, everything based on the belief we have towards the Bitcoin because still, the price of Bitcoin is very low in the market and it is giving the very good opportunity for us to buy the Bitcoin at the current price. We need to be very patient in the market until the price of Bitcoin starts increasing.

Osarman

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Quote from: Richmond Crypto on November 06, 2018, 03:50:56 AM

Of all the coins, bitcoin is the original store of value. It's going to be hard to replace that. It's also rare with 21m possible coins.

Bitcoin is the kind of coin that not only stores your value and save it from inflation and devaluation but also imparts value to the invested amount with the passage of time. There is literally no doubt in the fact that Bitcoin can make you filthy rich and we have stories on the internet that will let you jaw dropped as how people invested in this coin and made billions. In the current time, the coin is one of its kinds and has no alternate.

Jating

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Quote from: newbie-hero on November 08, 2018, 09:35:31 PM

Quote from: kkaroul4 on November 07, 2018, 08:44:55 AM

of course because to be rich through bitcoin and other crypto is the key is to always be patient and keep trying because if you want to be patient and try certainly your business will not betray the results
and bitcoin is also very promising to be a long-term investment

Everything will also depend on the amount of money that you will invest in Bitcoin. It is evident that the larger the sum will be, the more chances that you can get the better profit you will have.

Definitely, the bigger you invest the bigger your ROI. However, they're risk, so if you're willing to take it, then absolutely the chances for you to get rich is within grasp. The only problem is how tough you are. I'm talking about your mentality. If there's one lesson we learn here, those early adopters didn't sell their coins when the price is so down, they look at the look term effect.

So if you are ok with that then slowly accumulate bitcoin today because the price is so cheap and just hodl on it until the price goes up in years time and when you think its time to get some profits then sell some of them.

lovesybitz

sr. member

Activity: 868

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Quote from: Drysprinkles291 on November 04, 2018, 10:41:35 PM

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?

In my opinion, if you are one of the bounty hunters here trying seek some profit or solely aiming big profits, I guess you can't be rich on bitcoin directly. Unless you have a lot of money/capital to buy bitcoin then apply bullish or hold in a long term. But as an ordinary trader here, I can only be rich through altcoins only, and I can do that by simply participate in the bounty campaigns.

newbie-hero

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Quote from: kkaroul4 on November 07, 2018, 08:44:55 AM

of course because to be rich through bitcoin and other crypto is the key is to always be patient and keep trying because if you want to be patient and try certainly your business will not betray the results
and bitcoin is also very promising to be a long-term investment

Everything will also depend on the amount of money that you will invest in Bitcoin. It is evident that the larger the sum will be, the more chances that you can get the better profit you will have.

barbara44

hero member

Activity: 2548

Merit: 605

Quote from: alexyong342 on November 06, 2018, 02:08:58 AM

if mcafee predictions come true, we'll millionaires by 2020

but i'm not putting my 100% hope into that

gotta learn some trading stratgies as well as good money management - https://www.altcoinsidekick.com/blog

Whether it comes true or not, one thing is certain that this space is going to end up growing hugely in the long run anyway. However, for anyone looking to get into this space, they should focus more on the technology and what would most definitely bring about the growth in the long run, as this would make them to not make some crazy decisions that would affect their long term participation in this market.

With the fact about learning some trading techniques as well as money management, that is something that can always help you even as an investor, when it comes to taking advantage of the market in the long run and its fluctuations.

Keyboard PC

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when you understand the workings of bitcoin and can know the price movements of bitcoin then you will be very easy to become rich in bitcoin, hopefully bitcoin in the future can be very expensive and can make you become rich.

Johnzky

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Quote from: Drysprinkles291 on November 04, 2018, 10:41:35 PM

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?

Bitcoin for sure will grow that high as what the prediction says,and even higher the only problem is theres no specification on when this to happen.or when will be the time this will bring us to become millionaires and i am pretty sure this will not happening this soon,as the last hype questioned about being a bubble and not a real growth.

emberbekas

legendary

Activity: 1904

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Quote from: tiggytomb on November 08, 2018, 02:15:37 AM

Quote from: Drysprinkles291 on November 04, 2018, 10:41:35 PM

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?

It's not too late to get rich through bitcoin but I can't see it exploding that much, some of the other coins have more room for growth and they could possibly be the likeliest to make many wealthy but bitcoin will do well.

It's never too late though if we look at the price from today's viewpoint where prices are already at a high level, but the possibility of bitcoin prices going up again is still widely open. So, if we really believe that bitcoin will soar, this is a good time to start.

tiggytomb

legendary

Activity: 1848

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Quote from: Drysprinkles291 on November 04, 2018, 10:41:35 PM

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?

It's not too late to get rich through bitcoin but I can't see it exploding that much, some of the other coins have more room for growth and they could possibly be the likeliest to make many wealthy but bitcoin will do well.

Periodik

sr. member

Activity: 1022

Merit: 256

Bitcoin is only as promising as the people themselves. If the people will begin to lose trust and patience, Bitcoin might also go down with them. Remember that the value of Bitcoin is solely dependent on the people's interest and demand of the coin. If these two will perish, the same will happen to the value of Bitcoin.

I say, you continue to HODL. The future is very bright. One day soon, .001 BTC will become a treasure.

Aivaryamal

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Buddy, it's just a matter of time before you lose money in cryptocurrency until you sell it at a lower price than you bought it!

justspare

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Quote from: Sifon on November 07, 2018, 04:47:58 AM

The crypto world is full of uncertainty and it's difficult to say for a certainty if you can be wealthy through Bitcoin or any other cryptocurrency. Again, it's possible to get wealthy through BTC if the price appreciates significantly like it did in 2017. It also depends on the amount you have invested in BTC as that will is what will determine how much gain you'll get.

Of course, but even in those uncertainties, we have seen a lot of developments going on over the years and the possibility of this space being more established than it is currently. There is no doubt that we cannot see the future, and in every aspect of life, no one can, as that is reality.

Moreover, when it comes to looking at the present, understanding the value in something, and seeing the great opportunity it is going to bring in the long run, there is one thing they call investing based on that future which is the way I see the crypto space and bitcoin. However, wealth should not be the only first thing that comes to mind, the development and usability of the space in the long run should, as this would help you not to make horrific investment decisions in the long run.

Lorin

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Activity: 518

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Bitcoin is a good coin but it depends on the situation of it. As of now, market is red but if you really believe on it no matter how it decrease it will not affect you. Nothing is impossible in bitcoin, you can be rich depends on how long you will wait and how you trust on it.

Micerker

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Quote from: tenakha on November 07, 2018, 04:11:15 PM

Quote from: Drysprinkles291 on November 04, 2018, 10:41:35 PM

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?

It depends on the future behavior of Bitcoin. But after 10 years I don't think the price will increase like the previous 10 years. Because when it was created, the price was too low and nobody cared, but the current situation is different. Now everyone's eyes on Bitcoin and there are a lot of people trying to destroy it. You should not think of Bitcoin as a hope for wealth. Price volatility can make you poorer.

There are many trying to destroy Bitcoin because of what it has done. But many Bitcoiners believe in it, and there is no difficulty that it can not overcome. If you still believe in it then keep believing it because it can do the impossible.

tenakha

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Quote from: Drysprinkles291 on November 04, 2018, 10:41:35 PM

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?

It depends on the future behavior of Bitcoin. But after 10 years I don't think the price will increase like the previous 10 years. Because when it was created, the price was too low and nobody cared, but the current situation is different. Now everyone's eyes on Bitcoin and there are a lot of people trying to destroy it. You should not think of Bitcoin as a hope for wealth. Price volatility can make you poorer.

proTECH77

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Bisq Market Day - March 20th 2023

To be Candid with you mate, it is still very mush pretty possible to get wealthy through Bitcoin at the moment but this depends on your approach or individual approach. For those with double standard in this industry cannot experience such but those who believe on Bitcoin, its very possible, either by Trade or by Investment. I made more profit in trading few weeks back and am a living testimony.

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