How to Get Rich Quick - Bitcoin - page 6.

slocker

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Put all you money on red Grin

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Well in some term you need to be in the right place at the right time and eventually you will hit jackpot. With bitcoin you are never certain but if you are patient and not to fall on fake signals on market. So far every time when halving comes people get extra money. Option buy now while it still cheap and then wait for halving to price jump then sell after some time price go down you buy again and this is cycle that been running so far.

egyptian magician

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You can hear many sob stories about people who "lost it all" in bitcoin, but these are the ones who bought toward the end of a bull market and rode it all the way back down. You can find individuals like this in any market... the media loves to highlight old people who (for some bizarre reason) have all their retirement money tied up in the stock market still, and then liquidate it all at the bottom of a market crash. Most people don't have the temperament to be savvy investors. And it makes sense, because as human beings, our brains are wired to follow the herd. If a market is rising, we pile in. If it's falling or flat, we rush for the exit. Sometimes that's for good reason. But this isn't some kind of silly penny stock. Blockchain technology has the potential to change the world. Anyone who invests a modest amount of money now may be rich in a couple more years. Very exciting times for crypto.

shesheboy

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Quote from: ?? on ??

Bitcoin is indeed a good opportunity to generate profits, but because the price is not stable then a strategy and patience are very necessary, and if not then it can be a very serious loss.

You only think about the profits but what about the losses ? Yes its volatile and we can possibly earn thru it but not all times the valur can rise or pump because most of the times the value prefer to stay at a certain price point .

Quote from: OlympianBitcoin on March 07, 2019, 08:13:09 AM

Crypto and Bitcoin are the "get rich quick" scheme

Crypto/bitcoin is not a get rich scheme because it takes a year or two in order to see a massive gain on the price but after the pumping of price , the price can also go down slowly . it can return again after several years of waiting .

cizatext

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That 800% profits is the experience of those who got in earlier before 2017 and sold out they holding during the hype of 2017, as a good entrepreneur you most constantly look out for viable ground to put your capital and yield huge profits which always co.es with time. Bitcoin is one investment which can make you rich at any given time.

traderethereum

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Quote from: OlympianBitcoin on March 07, 2019, 08:13:09 AM

Crypto and Bitcoin are the "get rich quick" scheme for those mainstream shows, and that's nothing surprsing. There are different shows which are even more ridiculous so it tends to happen within the mainstream. On the other hand, any exposure is good for Bitcoin. So all is fine, let them talk bullshit for as long as they can.

That is what people out there will think because they see what was happen with bitcoin in 2017 and 2018. But the truth is, bitcoin is not like what they see. The price will still moving from up to bottom and will change in every day so they can not say that bitcoin is a get rich quick scheme without they know what is inside of bitcoin market.

But the OP needs a long time before he can make 800%+ profit and I don't think that many people can do that because we need a big patient to wait for the bitcoin go to the highest price. Still, having a bitcoin is a long journey before we can make the biggest profit and it's not for all people who can do that thing.

PS: I am not yet watching the film, and maybe later I will search for the film and watch it.

Digitalbitcoin

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Quote from: Kakmakr on March 07, 2019, 12:39:49 AM

Ok, it is not what you are thinking. Bitcoin is not a Get rich quick scheme, but the UK series "How To Get Rich Quick - Season 1 episode 3 includes some footage of a rich entrepreneur, Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies as one investment option to become rich.

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there. Wink

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now. Roll Eyes

If you check out most of the scam websites which are well known as HYIP and mining and investment, all are registered with domain SSL validation from GB(Great Britain) which belongs to UK.

Now, this is another part, but many times having knowledge can give a huge breakup. If anyone does a deep study, can easily learn the theory of multiplication of investment by using Bitcoin platform.

Bitcoin is a really great platform offering an investment opportunity for everyone who supports it. Surely Bitcoin has given tremendous returns to those who invest and believe. But in the meantime, much wrong advertising done to the community, which have already impacted on an entire environment of upcoming technology.

Now TV shows are a bit advanced media to reach to a mass audience, along with awareness of information and upcoming technologies.

But people have to use own intelligence and research before making any investments in crypto.

OlympianBitcoin

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Crypto and Bitcoin are the "get rich quick" scheme for those mainstream shows, and that's nothing surprsing. There are different shows which are even more ridiculous so it tends to happen within the mainstream. On the other hand, any exposure is good for Bitcoin. So all is fine, let them talk bullshit for as long as they can.

goaldigger

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Quote from: Kakmakr on March 07, 2019, 12:39:49 AM

Ok, it is not what you are thinking. Bitcoin is not a Get rich quick scheme, but the UK series "How To Get Rich Quick - Season 1 episode 3 includes some footage of a rich entrepreneur, Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies as one investment option to become rich.

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there. Wink

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now. Roll Eyes

We are living in a world where the society is the major cause of influence and sadly, the society most of the time are wrong. Why dont we listen to those successful people telling real stories with their real income and real experiences? I have read numerous successful people getting huge profit in crypto and there are still these people who talks negative things about it. Life.

gabbie2010

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Quote from: Kakmakr on March 07, 2019, 12:39:49 AM

Ok, it is not what you are thinking. Bitcoin is not a Get rich quick scheme, but the UK series "How To Get Rich Quick - Season 1 episode 3 includes some footage of a rich entrepreneur, Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies as one investment option to become rich.

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there. Wink

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now. Roll Eyes

Its a fact that bitcoin is a get rich scheme bearing in mind that its a long term investment i.e you made over 800% as profits over a span of four years which is actually a long term however new entrant or newbies wanted a 'get rick quickly' which is absolutely untenable in a short term perspective, long term investors had already millionaires having invested at the early stage of bitcoin.

dothebeats

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I rarely watch TV shows and series but this seems to be a good watch. Most investing and entrepreneurial shows are showing the wealth of the guest speaker without iterating on the strategies used by them that lead to their success. Some are just plugging and giving free advertisement to the guest speaker's businesses which is quite a bummer. While this is public exposure and is probably getting to the eyes and ears of audiences from all over the UK and the world, it's sad to see that people only focus on the investment side of bitcoin and not see it as a currency that it was intended to be. But then again, growth is growth.

Quote from: Pursuer on March 07, 2019, 07:10:07 AM

is it just me or lately TV is starting to be filled with cryptocurrency related contents?

To grab the attention of the audiences and to still be talked about by the public, though generally people will just refer to the internet for their queries and questions regarding that they have seen on TV.

franky1

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lol, that bank of dave guy
i remember watching tv shows with him in years ago and was like, his credit union was an ok business model but the guy.. well he wasnt going far enough into the opportunities around him.

i a few years back was thinking of getting involved and expanding his credit union into many towns. but just felt he wasnt quite hitting the mark. but glad to see he is evolving

good to see he is expanding, but feel he is more of an average joe that just happen to have grasped a good business model. rather than a well prepped decision making guy thats well researched to have a structure of a great business model

Pursuer

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Where is my ring of blades...

is it just me or lately TV is starting to be filled with cryptocurrency related contents? initially it was only news when they constantly talked about bitcoin whenever its price was rising and during its bubble but nowadays it seems like there are a lot of documentaries, TV series,... that are focusing on bitcoin and other alternatives. and the contents seem to be getting better too, it is not yet the best because they are still focusing mostly on the drama rather than technology and what bitcoin represents but we are slowly getting there.

Quote from: Kakmakr on March 07, 2019, 12:39:49 AM

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now. Roll Eyes

LOL with the bold and underline thing in first line it is a wonder really

TheCoinGrabber

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True, we shouldn't treat bitcoins as some get-rich-quick scheme but indeed, the increase in value is more than one will get in a bank savings. My bank practically just give me dimes a month. Even when just holding and not actively buying and selling, the increase over time is more any bank can offer.

Also is that show on BBC or something else? Cant find it in the BBC site. Anywhere us outside the UK can watch it online?

CarnagexD

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Quote from: taguig on March 07, 2019, 02:35:28 AM

Those who get in and hodl their Bitcoin, in 2017 are so lucky to make money they are just lucky at the right time when Bitcoin is skyrocketing, these people believe and they are rewarded handsomely, this is not the first that it's going to happen because there will be more to come, yes Bitcoin is a get rich scheme if you believe and support it's adoption that is my take.

Yes I agree, having skills on trading is not enough to win against the volatile market sometimes you need to be lucky and this is the reason why some people benefited so much last 2017, they are on the right time on the market. However that event did not make them wealthy but a well beneficiary.

bitbunnny

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I can't support the idea that Bitcoin is easy and quick way to get rich because that is simply not true and sounds like bad scam attempt.
It's good that Bitcoin was mentioned and promoted in that show but the fact that It's being connected with fast profit could do it more harm than benefit. And at the end many will get disappointed, again.

slaman29

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Thanks for the inspiration OP. Only, I would still caution about this idea that profit is guaranteed. I still get terrible looks from people who know I use Bitcoin even to buy stuff online. They all tell me to be careful and I tell them I know, but how to blame them if they always see it as being advertised as how to get rich quick?

I do hope for the sake of those who entered at 20k that you're right and that they are patient. But they must be hated by people who followed them. I feel bad for these guys!

taguig

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Those who get in and hodl their Bitcoin, in 2017 are so lucky to make money they are just lucky at the right time when Bitcoin is skyrocketing, these people believe and they are rewarded handsomely, this is not the first that it's going to happen because there will be more to come, yes Bitcoin is a get rich scheme if you believe and support it's adoption that is my take.

qwertyup23

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Quote from: Kakmakr on March 07, 2019, 12:39:49 AM

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there. Wink

You deserve all the success for your patience, trust, and determination. I truly believe that it was really difficult to invest your resources into something foreign, unknown, and relatively new at that time. I'm assuming that you did your research before acting and all of which are compensated today.

Quote from: Kakmakr on March 07, 2019, 12:39:49 AM

Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now. Roll Eyes

It might be a clickbait to people who read your entire post and it also attracts spammers that only read your title.
Let me make a list of people who posted without reading your entire post:

1.

Quote from: Stac on March 07, 2019, 01:55:13 AM

There is no easiest way to riches, one should be ready to risk to attain success in life and so does riches, so invest in bitcoins and wait for the prices to go up then you will be able to earn profits from investing in bitcoins, as this bitcoins are highly volatile in nature and we need to show patience inorder for the price to boom in the crypto currency market. The price of bitcoins will start to rise soon before the next halving so there are more chances for the investors to get more and more rich so better to invest now to earn more profits.

2.

Quote from: KingScorpio on March 07, 2019, 01:43:27 AM

getting rich with bitcoin?
-> market manipulation
goal is to get the desperate spekulators bring money, or convince the gambling idiots in the banks to gamble with crypto

So far only two (2) people have commented without reading your entire post

)

Stac

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There is no easiest way to riches, one should be ready to risk to attain success in life and so does riches, so invest in bitcoins and wait for the prices to go up then you will be able to earn profits from investing in bitcoins, as this bitcoins are highly volatile in nature and we need to show patience inorder for the price to boom in the crypto currency market. The price of bitcoins will start to rise soon before the next halving so there are more chances for the investors to get more and more rich so better to invest now to earn more profits.

Johnyz

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Quote from: Kakmakr on March 07, 2019, 12:39:49 AM

Ok, it is not what you are thinking. Bitcoin is not a Get rich quick scheme, but the UK series "How To Get Rich Quick - Season 1 episode 3 includes some footage of a rich entrepreneur, Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies as one investment option to become rich.

Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank.

I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there. Wink

This is possible before but right now, its too hard to earn at least $1k if you don't work for it. Early investors are now a multi millionaire, and that is because of bitcoin. Its too sad because we are late but I know the market will grow again in the future so we still have to save. There is no easy money now, not unless you're greedy then you will do everything just to get easy money.

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