Topic: Can I still get wealthy through Bitcoin? - page 31. (Read 37384 times)
Opportunities abound in this crypto space, it all depends on what you are doing and how you do it. Wealth on the other hand is relative but in general context, it is already known that a lot of persons have made some reasonable income from crypto. As long aa you are doing the right thing, taking the right decisions, the opportunity will someday come. And lot of us here joined because of the testimonies we heard and such can be for anyone
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?
Well, one thing here is that you are already bringing a mindset that will not even help you to grow at all in this space, and that will put you in the same category of people who were just looking for quick means to get rich, but never really looking at what would actually bring about the wealth in the first place.There is no doubt this is how most people get to think anyway when entering this space, with the mindset that a lot of people have gotten rich and I can get rich too. However, it is a whole lot more than that, and if you are smart and wise, you will always know that the best thing to always do is to understand the main thing that makes this space ticks, which is what would make you to easily have long term goal plan.
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?
Everyone can get wealthy with bitcoin, even whenever he join in this business, and really can manage his money well. There is no late or something that prevent us to join cryptocurrency, when you think it is good, then join on it.
I think it mostly depends on how patient you are and if you can afford to potentially lose some of your money, it's a risk but these days no risk means no reward for sure...
As long as you plan to hold long term history shows there's never been a bad time to buy Bitcoin.
Well, it depends on your definition of wealthy, it's very individual term and depends on your needs and desires.
Still I don't think that it's easy to become wealthy in term like some early adopters made their profit. Because of the huge Bitcoin price rise from the very begininig when Bitcoin first appeared until now, those who kept Bitcoin long enough could really made the fortune.
Today that is not easy and I would say to become rich with Bitcoin is hard but if you are skilled and experienced trader or you have the talent to recognize and use all opportunities that Bitcoin gives you, you can make decent profit that should satisfy you.
Still I don't think that it's easy to become wealthy in term like some early adopters made their profit. Because of the huge Bitcoin price rise from the very begininig when Bitcoin first appeared until now, those who kept Bitcoin long enough could really made the fortune.
Today that is not easy and I would say to become rich with Bitcoin is hard but if you are skilled and experienced trader or you have the talent to recognize and use all opportunities that Bitcoin gives you, you can make decent profit that should satisfy you.
Indeed, we must work hard for whatever reasons to pursue and acquire wealth. The desire we have is there, but its not that easy to be there, because every reward has a challenges before it was given to someone else. If we seriously given an effort to that certain mode thing in order for us to success, I guess we deserve to be wealthy as long as you have patience with your bitcoin investments. Don't rush everything in crypto, it always need a perfect time to harvest your earnings.
Frankly speaking, the answer is YES; if and only if one can hold for a long term which to some is very rare.
Those who will hold from now till another 2-5 time will be made millionaire by Bitcoin.
Also, if the right skills are be put into trade and investment.
Those who will hold from now till another 2-5 time will be made millionaire by Bitcoin.
Also, if the right skills are be put into trade and investment.
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?
Only if you do know how to trade and to maximize your investment while doing the hard work and facing the stress of trading. Only people who have the ability to turn their small investment into huge profit. A lot of newbies don't know how to the basics of trading and keep on losing their investment, though through some more practices we could develop the ability to know how to trade properly with just a small loss.
Bitcoin should be seen as a hedge to the elements of the traditional system. It conveniently will help you counter inflation with a gradual increase in net worth, where bull runs and whatnot are a welcome bonus.
The lower your expectations are in terms of crazy gains, the easier the ride up will be throughout the years, especially when we are going through bear markets like what we are experiencing right now.
The only reason people are unhappy with the flat market is because of how unrealistic their expectations were. Nothing in the world keeps going up in one straight line, just be realistic.
Investors continuously cash out profits on the way up, because not everyone is here for the tech.....
The lower your expectations are in terms of crazy gains, the easier the ride up will be throughout the years, especially when we are going through bear markets like what we are experiencing right now.
The only reason people are unhappy with the flat market is because of how unrealistic their expectations were. Nothing in the world keeps going up in one straight line, just be realistic.
Investors continuously cash out profits on the way up, because not everyone is here for the tech.....
Well, it depends on your definition of wealthy, it's very individual term and depends on your needs and desires.
Still I don't think that it's easy to become wealthy in term like some early adopters made their profit. Because of the huge Bitcoin price rise from the very begininig when Bitcoin first appeared until now, those who kept Bitcoin long enough could really made the fortune.
Today that is not easy and I would say to become rich with Bitcoin is hard but if you are skilled and experienced trader or you have the talent to recognize and use all opportunities that Bitcoin gives you, you can make decent profit that should satisfy you.
Still I don't think that it's easy to become wealthy in term like some early adopters made their profit. Because of the huge Bitcoin price rise from the very begininig when Bitcoin first appeared until now, those who kept Bitcoin long enough could really made the fortune.
Today that is not easy and I would say to become rich with Bitcoin is hard but if you are skilled and experienced trader or you have the talent to recognize and use all opportunities that Bitcoin gives you, you can make decent profit that should satisfy you.
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?
Wealthy is a subjective thing but by most peoples definitions yes. Not only can you invest in bitcoin (which I still believe will turn out to be a very profitable investment) you can also explore other earning potential around bitcoin, for example offering skills related to bitcoin or learning those skills first before you can offer them. As far as the greatest inventions of the century I think it's a little soon for that and I might even say that the first smart-phone surpassed that already.
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?
Talking first on about to your question on to become wealthy by bitcoin investment, considering on its current price it would really be hard yet you would need to pull up $6000+ on your wallet for a single coin. Talking about 2x -3x-4x-and so on will just only multiply your money on some extend but wont really be the same into those people or early adopter who do just purchased it when its still a cent price.It would be an another different story or opportunity.For the future, no one knows on when this thing would last but I cant really deny that this innovation is revolutionary but we should always put up on our minds
that not all will succeed nor do last forever.
Of course you can be rich with Bitcoin and still have the right time to buy Bitcoin. Because Bitcoin's price is very low and now it is possible to earn a lot of profits in the future. So, I do not think you'll miss this golden opportunity.
if I think it is rich and whether or not it depends on the person, the problem is that if the person is always passionate and keeps trying, getting rich is easy. because if you want to try well, it won't betray the results either 
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?
Even how profitable putting money on crypto is, the outcome of your journey and goal will depend on how will you managed it along the way. It's on your own hands how will you make the process. Even outside crypto, that is the main thing. Bitcoin no doubt lifted up the lives of some people, on which some become rich, but that is not an assurance that all person that will engaged into crypto will have the same journey to those successful ones.
So again, it will depend on how will you managed it along the way. Even bitcoin will reached $20,000 , $30,000 etc. if you don't have some then it's useless and you won't feel the advantages of it. Be serious enough to achieved your goal.
Is the prediction of bitcoin's strong future coming true within the next few years?
Think of the following:
- What will be the price of bitcoin in the next 5 years or 10 years?
we have the current price of $6400, we have many people who do not know about bitcon and who never bought bitcoin and bitcoins are limited. Now make the accounts if each of these people in the future buy bitcoin, what would be the price of bitcoin? The price of bitcoin will be very high
Is it too late to have a chance in getting wealthy through Bitcoin?
That depends on how much money you want to invest. let's assume that you invested 1 million dollars buying bitcoin for the price of $6000 and 5 years later the bitcoin price is 60,000 $. You will have 10 million dollars, I think with this amount of money you can consider yourself rich. So the answer to your question depends on how much money you will invest
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.
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.
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?
its true many investors have made millions but investing in that time had very less risk , but now investment is also high risk is also high but rewards will be less There are still a lot of chances to get wealthy with bitcoin, infact there are more ways now because bitcoin already getting more popularity, but maybe for now you need to be more creative to earn, bitcoin still in a very early stage, so the potential to earn still widely open
Bitcoin is the right opportunity to make good profit in quick time period. But recent market was not successful in all the cryptocurrency so we many peoples are panic to sell the total investment. This year we will see good result in end of the year then only all the peoples are believe the Bitcoin technology so we are all support this situation it will be reflect in future journey. 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?
Of course you can, when thing finally go to plan and Bitcoin will start a new rally it will soon be up to a many times % again with Bitcoin and would make a lot of people FOMO again back to the market.
Some crypto non believer would say that it is just ponzi scheme, or it is just manipulated by large entities in some ways, while the others would say the crypto is in its infancy stage, therefore innovations and upgrade in the technology is very possible. The future of crypto depends actually depends on us, but I do assure that it will not fail, new generation will still able to develop and find solutions in the problems right now.
If you use your head/ creativity in entering the crypto space, getting or early nor late is not an issue.
If you use your head/ creativity in entering the crypto space, getting or early nor late is not an issue.
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