Can I still get wealthy through Bitcoin? - page 4.

clickerz

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Quote from: Fappanu on November 03, 2019, 12:15:08 PM

You are not late, Bitcoin is not yet in the middle of adoption so there is a high chance that you will still be rich here.

Just like in 2017 to 2018 where the price of bitcoin booms to 20,000 $. And many people get rich because of it. So buy bitcoin now because that event will happen again and it will surely the price will be double over the previous all time high.

True, its still early and bitcoin is nearly 10 years old. More years for bitcoin to thrive and grow.

Quote from: Cherylstar86 on November 06, 2019, 07:38:34 PM

Nowadays, I can say and believe that bitcoin can give a wealthy way to those users here in crypto currency community in which it's already proven way back 2017. In some case, it takes time to wait and needs more patience and understanding when you want to have a huge amount of profit in the future and you have nothing to do about it but to wait unless you want to be part of trading.

Yes, there is still an opportunity in bitcoin and have gained from it I think it is better to think for the long term. There will be big changes after 1o years, for other decades, etc and bitcoin will change the way we transact online. We are still in the early stage and more room to grow for BTC.

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Quote from: Fappanu on November 03, 2019, 12:15:08 PM

You are not late, Bitcoin is not yet in the middle of adoption so there is a high chance that you will still be rich here.

Just like in 2017 to 2018 where the price of bitcoin booms to 20,000 $. And many people get rich because of it. So buy bitcoin now because that event will happen again and it will surely the price will be double over the previous all time high.

Bitcoin has a lot of potential to serve this world and this coin is always mentioned a lot in big events so if you decide to invest, this choise is absolutely good for your profits. There have been many big changes in 2019 and many of the top coins are having a strong recovery this year so surely 2020 will be a very worthwhile year to wait for because this is the year that determines the economy of world .

I have missed many opportunities to make profits from this market but will never give up because I have great confidence when investing. Currently, Bitcoin is still very cheap and the possibility of reaching $16,000 is absolutely possible at any time.

Cherylstar86

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Quote from: Fappanu on November 03, 2019, 12:15:08 PM

You are not late, Bitcoin is not yet in the middle of adoption so there is a high chance that you will still be rich here.

Just like in 2017 to 2018 where the price of bitcoin booms to 20,000 $. And many people get rich because of it. So buy bitcoin now because that event will happen again and it will surely the price will be double over the previous all time high.

Nowadays, I can say and believe that bitcoin can give a wealthy way to those users here in crypto currency community in which it's already proven way back 2017. In some case, it takes time to wait and needs more patience and understanding when you want to have a huge amount of profit in the future and you have nothing to do about it but to wait unless you want to be part of trading.

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Quote from: djsugar on November 02, 2019, 09:26:24 AM

This is the wrong way to look at bitcoin or cryptocurrency as general.
I agree in past, many people have become wealthy by buying BTC at really cheap and then holding it. But trust me, many people sold after 2x-3x profits where they could earn 200x-300x profits by just holding for a few years. We are still in early stage. But people give up to volatility and exit. You can make it big through short term trading as well. Long term can be beneficial too but it involves more risk. You need to understand how much profit are looking for, for what purpose and in what interval. This will answer most of your questions.

It seems that many people have the mistaken idea that early adopters are still holding their coins, and even if that is true in some cases many of them sold their coins when bitcoin was worth less than 1k and many probably sold for prices way cheaper than that, even if someone bought bitcoin today the chances that he makes 10x during the next 10 years seem really good to me and you can get those profits by just holding, imagine what you can get if you can trade your coins successfully.

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Make no mistake, Bitcoin is basically like fiat(cash) but it's more decentralized. The same way you would earn money or get wealthy with fiat, It's the same way here just that Bitcoin has a few more ways to earn. If you have services, you can offer and receive payment with Bitcoin or altcoins. You can even mine, participate in reward campaigns (bounties, Airdrops etc). You can even earn by being a profitable trader. My points is, You've to put in the work to earn a decent amount like you would in the real world. Don't get too digitalized and feel you ought to get ruch quick overnight. Getting wealthy is very much possible.

juperos

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You can get rich at any time if you want with different ways and different rich people view, cryptocurrencies are quite new in the current investment form so to avoid risks and losses. As you like, it's better to research the market, find out more information. Spend some money that you can lose without affecting your life, then practice it as a new experience. The most important thing is that you must persevere and work hard. Wealth will belong to you.

Fappanu

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You are not late, Bitcoin is not yet in the middle of adoption so there is a high chance that you will still be rich here.

Just like in 2017 to 2018 where the price of bitcoin booms to 20,000 $. And many people get rich because of it. So buy bitcoin now because that event will happen again and it will surely the price will be double over the previous all time high.

tungaqhd

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Quote from: patz22 on November 02, 2019, 09:36:19 PM

Getting rich will not happen with just a snap of your fingers you have to learn a lot, suffer and even lose a lot before making that happen but that would depend on you if how much or in what way you are going to do your crypto, is it going to be trading? Mining? Investing for long or short term? Those kinds of stuffs.

Of course, no one can get rich in the blink of an eye unless they are super lucky and win the lottery, if we were determined to be rich with bitcoin, a lot of factors are indispensable to success, experiences, predictive skills, approaches and problem solving, many factors need to gather to make us truly rich. And don't think about the story that only holds and someday we'll be rich, a lot of people here get this information, a story that I feel is very wrong but many people still believe, no one could have become so rich in such a simple way

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Quote from: djsugar on November 02, 2019, 09:26:24 AM

This is the wrong way to look at bitcoin or cryptocurrency as general.
I agree in past, many people have become wealthy by buying BTC at really cheap and then holding it. But trust me, many people sold after 2x-3x profits where they could earn 200x-300x profits by just holding for a few years. We are still in early stage. But people give up to volatility and exit. You can make it big through short term trading as well. Long term can be beneficial too but it involves more risk. You need to understand how much profit are looking for, for what purpose and in what interval. This will answer most of your questions.

Yes, I agree with your opinion. bitcoin and cryptocurrency cannot make us rich without maximum hard work. all successful people must start from zero, then they learn how to earn money from bitcoin or cryptocurrency. a wrong perspective if we look at people who in the past had bought bitcoin when prices were so cheap, then they held it back so that now they can get rich. I think we will still be able to become rich with Bitcoin if we want to learn about trading strategies. and willing to work hard to find capital to invest with bitcoin.

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Quote from: patz22 on November 02, 2019, 09:36:19 PM

Getting rich will not happen with just a snap of your fingers you have to learn a lot, suffer and even lose a lot before making that happen but that would depend on you if how much or in what way you are going to do your crypto, is it going to be trading? Mining? Investing for long or short term? Those kinds of stuffs.

But if you invest with Bitcoin as a long term then buy BTC now and then hold it until a few years later,
I'm sure your assets will double. To get rich with Bitcoin you need to do several ways to increase your Bitcoin balance, like Trading or Mining.

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Quote from: huige007 on November 02, 2019, 10:25:12 AM

Quote from: Drai on November 01, 2019, 04:50:41 PM

Bitcoin has a total supply of 21 million coins and out of that total supply, only a little over 18 million if them has been mined so far and it's estimated that it would take about 120 years for the remaining 3 million to be mined.

Bitcoin reached an all time high of $20,000 and this was at a time when less than 50 million people were using a bitcoin wallet worldwide so imagine what would happen when bitcoin finally achieves worldwide adoption and billions of people all over the world starts using it.

What I am basically trying to say is that Bitcoin is still in it's early stage compared to where I envision it to be in years to come, I don't like giving financial advice and that is why I gave you my opinion from my own point if view so that you can add it to your own research and make your own conclusions.

Those few investors will be the only rich investors in future then. Anyone who does not want to invest in bitcoin and chooses some other dependent asset, is committing the biggest blunder of his life. Bitcoin has been the most beneficial asset among all so far. Even gold is nothing in front of it. In order to achieve big, greedy investors need to be patient. Still a good news, bitcoin will be rising soon so they don't need to wait for long either.

So many years ahead for blockchain project a pointer to the fact bitcoin had not reached its peak with the turn of events of the price of bitcoin this alone ( price from $3300 to $9K+) is a fact that hodlers and accumulators of bitcoin will make enormous huge profits or possibly became wealthy in years ahead going through the present statistic of few numbers of bitcoin users indicating that more worldwide adoption will triggers the price upward.

patz22

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Getting rich will not happen with just a snap of your fingers you have to learn a lot, suffer and even lose a lot before making that happen but that would depend on you if how much or in what way you are going to do your crypto, is it going to be trading? Mining? Investing for long or short term? Those kinds of stuffs.

huige007

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Quote from: Drai on November 01, 2019, 04:50:41 PM

Bitcoin has a total supply of 21 million coins and out of that total supply, only a little over 18 million if them has been mined so far and it's estimated that it would take about 120 years for the remaining 3 million to be mined.

Bitcoin reached an all time high of $20,000 and this was at a time when less than 50 million people were using a bitcoin wallet worldwide so imagine what would happen when bitcoin finally achieves worldwide adoption and billions of people all over the world starts using it.

What I am basically trying to say is that Bitcoin is still in it's early stage compared to where I envision it to be in years to come, I don't like giving financial advice and that is why I gave you my opinion from my own point if view so that you can add it to your own research and make your own conclusions.

Those few investors will be the only rich investors in future then. Anyone who does not want to invest in bitcoin and chooses some other dependent asset, is committing the biggest blunder of his life. Bitcoin has been the most beneficial asset among all so far. Even gold is nothing in front of it. In order to achieve big, greedy investors need to be patient. Still a good news, bitcoin will be rising soon so they don't need to wait for long either.

djsugar

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This is the wrong way to look at bitcoin or cryptocurrency as general.
I agree in past, many people have become wealthy by buying BTC at really cheap and then holding it. But trust me, many people sold after 2x-3x profits where they could earn 200x-300x profits by just holding for a few years. We are still in early stage. But people give up to volatility and exit. You can make it big through short term trading as well. Long term can be beneficial too but it involves more risk. You need to understand how much profit are looking for, for what purpose and in what interval. This will answer most of your questions.

kanayaTabitha

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I think putting to much hope to get rich is not healthy for your mind since crypto is very agile and it can experience a big drop in just one night.
So, investing in crypto is just trying our luck and just like people said, only invest money that we can afford to lose. It means that we have to ready with any condition because our money can lose anytime.
If the question is, can we still get wealthy ? ofcourse we can, depends on the future of bitcoin itself

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Quote from: jony35490 on November 04, 2018, 11:17:10 PM

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.

We all know that bitcoin can help up to become rich but it is not easy to become rich with bitcoin. The price of bitcoin now is not totally cheap and I know some of us can't afford to buy 1 bitcoin but still, you can invest little by little. Every time you invest or buy bitcoin there will be an opportunity to earn income but doing investing in bitcoin will take a lot of time and effort. To all people who new in the world of cryptocurrency, it is your time to ride and invest because in the next couple of months the price of bitcoin will go to the moon again.

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Quote from: Chris Barth on November 01, 2019, 05:29:47 PM

Noooo! It's not too late to get wealthy through bitcoin; it's not even late. To me, this is just the beginning. I'm strongly believing that bitcoin's price will keep increasing and would increase beyond what people think.

Exactly, people who are into Bitcoin will feel the joy to become too rich with the Bitcoin, but it is not easy sometimes market fluctuation makes your mind to the attention of selling at a low price and suddenly the price will start increasing. If you are looking for a long term, then your dedication should be always long term.

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Noooo! It's not too late to get wealthy through bitcoin; it's not even late. To me, this is just the beginning. I'm strongly believing that bitcoin's price will keep increasing and would increase beyond what people think.

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Bitcoin has a total supply of 21 million coins and out of that total supply, only a little over 18 million if them has been mined so far and it's estimated that it would take about 120 years for the remaining 3 million to be mined.

Bitcoin reached an all time high of $20,000 and this was at a time when less than 50 million people were using a bitcoin wallet worldwide so imagine what would happen when bitcoin finally achieves worldwide adoption and billions of people all over the world starts using it.

What I am basically trying to say is that Bitcoin is still in it's early stage compared to where I envision it to be in years to come, I don't like giving financial advice and that is why I gave you my opinion from my own point if view so that you can add it to your own research and make your own conclusions.

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Quote from: adroitful_one on October 31, 2019, 10:07:57 AM

Yes, even if you buy in today, you're still getting in during the early stages of this project. This thing hasn't been going for even 10 years yet. Imagine what 2050 will look like! There's no better time than now to get in if you're going to.

Even if I agree with you very few investors want to be invested in bitcoin for the long term, they want to obtain profits now and not later, when I think about this then it could be a good idea to wait for the price of bitcoin to go down a little bit, a few days ago we were close to 7k and now we are close to 9k then it is possible we could see 7k again in a short amount of time and if you invest now that is a loss of more than 20% in just a few days.

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