How too get rich - page 45. | Bitcointalksearch.org

Finestream

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Quote from: Betwrong on August 19, 2016, 04:34:05 AM

Quote from: freedomgo on August 19, 2016, 04:16:23 AM

Quote from: EastSound on August 19, 2016, 02:16:31 AM

I trade the bitcoin against other coins with potential such as Ethereum, Monero or Dash. If you buy more Ethereum, and its price drop against the bitcoin, but it will still rise against fiat.

I think this time is a good time to buy ethereum if you want to earn good profits as the price is dropping as of the moment, we have seen the trend of ethereum and every time it drops we always witness it will rise again. Risk a big amount so you could easily be rich if the price will start to pump.

But which one of them to buy, ETC or ETH? I'm really confused about this. So far I've had no luck with trading.

To get rich you should find someone who needs services you can do better than others. But of course you must be able to do something better than anybody else could.

Buy the two mate as they are interconnected, as you can see now they are both down and for sure they will also rise at the same time. I would recommend wait for the lower price and buy starting the 1st day next month as it will start to rise.

Betwrong

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Quote from: freedomgo on August 19, 2016, 04:16:23 AM

Quote from: EastSound on August 19, 2016, 02:16:31 AM

I trade the bitcoin against other coins with potential such as Ethereum, Monero or Dash. If you buy more Ethereum, and its price drop against the bitcoin, but it will still rise against fiat.

I think this time is a good time to buy ethereum if you want to earn good profits as the price is dropping as of the moment, we have seen the trend of ethereum and every time it drops we always witness it will rise again. Risk a big amount so you could easily be rich if the price will start to pump.

But which one of them to buy, ETC or ETH? I'm really confused about this. So far I've had no luck with trading.

To get rich you should find someone who needs services you can do better than others. But of course you must be able to do something better than anybody else could.

freedomgo

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Quote from: EastSound on August 19, 2016, 02:16:31 AM

I trade the bitcoin against other coins with potential such as Ethereum, Monero or Dash. If you buy more Ethereum, and its price drop against the bitcoin, but it will still rise against fiat.

I think this time is a good time to buy ethereum if you want to earn good profits as the price is dropping as of the moment, we have seen the trend of ethereum and every time it drops we always witness it will rise again. Risk a big amount so you could easily be rich if the price will start to pump.

EastSound

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I trade the bitcoin against other coins with potential such as Ethereum, Monero or Dash. If you buy more Ethereum, and its price drop against the bitcoin, but it will still rise against fiat.

goldcoinminer

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Quote from: RoomBot on August 18, 2016, 08:13:10 PM

Agreed!

It really is true that "you have to spend money to make money."

At least, to make money honestly, LOL.

Exactly, because even if you are applying for a job in real life you need to spend for the requirements before you will be deployed. There is no free money in this world to be honest, it takes money to make money so we need to consider spending if we want to be rich in the future.

RoomBot

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Agreed!

It really is true that "you have to spend money to make money."

At least, to make money honestly, LOL.

passwordnow

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Quote from: bias on August 18, 2016, 05:33:59 PM

the recipes to getting rich are:
1. discipline
2. don't mix friendship with money(business)
3. don't spend it Wink

Why you aren't going to spend your money to become rich? Well you need to spend your money for investment to become rich because there is no single worker that is going to be rich who is just depending on one source of income. But if you are going to focus to a lot of source for sure you are going to get rich with it in no time.

bias

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the recipes to getting rich are:
1. discipline
2. don't mix friendship with money(business)
3. don't spend it Wink

deisik

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Quote from: deisik on August 18, 2016, 05:28:35 PM

Quote from: youhgt2 on August 18, 2016, 05:13:38 PM

just sell your house and then invest all the money in bitcoin and hold it for a long period hope you will become a rich person, because we can expect that the price of bitcoin will become double in next few years, therefore to me investment in bitcoin is the best option in present time.

I remember someone here had actually sold his home for bitcoins. There is a thread about the process and the aftermath. It is not for the weak-hearted, though...

Here is that thread. And it seems to be still active (but you have been warned)

deisik

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Quote from: youhgt2 on August 18, 2016, 05:13:38 PM

just sell your house and then invest all the money in bitcoin and hold it for a long period hope you will become a rich person, because we can expect that the price of bitcoin will become double in next few years, therefore to me investment in bitcoin is the best option in present time.

I remember someone here had actually sold his home for bitcoins. There is a thread about the process and the aftermath. It is not for the weak-hearted, though...

The OP of that thread had lost interest in the forum soon thereafter (and most likely in bitcoins as well)

youhgt2

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just sell your house and then invest all the money in bitcoin and hold it for a long period hope you will become a rich person, because we can expect that the price of bitcoin will become double in next few years, therefore to me investment in bitcoin is the best option in present time.

deisik

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Quote from: Altcoinfreak on June 18, 2015, 08:35:50 PM

Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement

Why people are always thinking about the past whenever they come up with an idea of inventing a time machine? It is enough to jump into the future for just one day ahead of the present, buy tomorrow's newspaper, roll back and get incredibly rich by playing the lottery tomorrow!

Think out of the box!!!

Orion25

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Quote from: extrabyte on August 17, 2016, 12:44:07 PM

Quote from: Sanguintan on August 17, 2016, 12:29:53 PM

Quote from: SquallLeonhart on August 17, 2016, 10:45:52 AM

Quote from: EastSound on August 17, 2016, 09:53:52 AM

I have done some trading of bitcoin with altcoins such as Monero or Ethereum. It is quite successful so far this year.

Altcoin market is very hot and attractive at a moment and more people are interested in altcoin trading at a moment and that is the reason bitcoin is not going up.

That is right. The total trading volumes of the altcoins are more than the bitcoin and every day, there is a high rising coin.

I don't think so that is the reason why bitcoin's price is not getting. if lots of people using altcoins. they are using bitcoin to buy sell alts. altcoins without bitcoin are nothing.
every new alt depends on bitcoin to take a place in the market, bitcoin's price is not growing up because of so many scam and hacking attempts of recent big sites.

I agree that in recent years very hard due to the break- ins, as happened with bitfinex. Saving people is now under threat. And I do not believe that all these tricks have occurred without intervention or without the support of the administration of exchangers.

crairezx20

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Quote from: Sanguintan on August 17, 2016, 12:29:53 PM

Quote from: SquallLeonhart on August 17, 2016, 10:45:52 AM

Quote from: EastSound on August 17, 2016, 09:53:52 AM

Quote from: Capradina on August 17, 2016, 09:00:02 AM

Quote from: goldcoinminer on August 17, 2016, 08:47:26 AM

Quote from: takingthis4 on August 17, 2016, 07:50:08 AM

Quote from: peta4e on August 17, 2016, 07:35:33 AM

Quote from: dinda22 on August 17, 2016, 06:25:33 AM

Quote from: freedomgo on August 17, 2016, 05:34:46 AM

Quote from: noormcs5 on August 17, 2016, 05:21:27 AM

Quote from: passwordnow on August 17, 2016, 12:30:32 AM

It is not an easy thing to get rich because you need to do some proper strategy and courage to be rich one day. If you think to get rich with gambling then it is not going to happen. Because I haven't heard someone did become rich with gambling unless you are going to be a stakeholder of a gambling site.

Absolutely right, because it is not like it that we seem it. When people say that buy the bitcoin because it is a easy way to get rich. No way if you have already big amount and than you invest in Bitcoins so you can say, it is easy to get rich but only for those kind of people who invest a big amount in bitcoin.

That's being realistic man, I agree with you, we should take into actions our plans and ways to become rich. We always say that we can be rich if we invest in bitcoins but if we will not risk any amount as our investment to be rich would not be realize even the price will skyrocket.

Investment is always have risk, so the risk is the way that must be taken if we want to achieve success. bitcoin investment also has a big risk, but a lot of people who put a lot of money in it, because it could benefit enormous. but of course it needs to be a strategy to minimize the risk.

Bitcoin can also be risky in future but if you know when to withdraw your profits then it can reduce some risks, as we don't know how long bitcoin will survive so holding it too long can also be risky.

thats right, if you dont want to lose money with bitcoins then you need to know when to withdraw it all, i think trading can give you big money

It can but it would not guarantee that any trader who will enter in trading bitcoin and other crypto currency will automatically earn from it. They are those who earn and also there are people who lose, this is just like gambling without house edge so it has a better chance for you to make profit if you play it well.

I very much agree with you, and the way to address it is enough knowledge about trading. Because without science or enough knowledge about trading, then we will be trading in a way that does not deserve to do. And the most basic trading is about analysis about market data

I have done some trading of bitcoin with altcoins such as Monero or Ethereum. It is quite successful so far this year.

Altcoin market is very hot and attractive at a moment and more people are interested in altcoin trading at a moment and that is the reason bitcoin is not going up.

That is right. The total trading volumes of the altcoins are more than the bitcoin and every day, there is a high rising coin.

Altcoin is not hot they are just attractive because of fast movement of the price that you can make a profit fast..
Just like i doing that new release coins i am making 0.003 to 0.01 depends how that altcoin have a good potencial..

extrabyte

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Quote from: Sanguintan on August 17, 2016, 12:29:53 PM

Quote from: SquallLeonhart on August 17, 2016, 10:45:52 AM

Quote from: EastSound on August 17, 2016, 09:53:52 AM

I have done some trading of bitcoin with altcoins such as Monero or Ethereum. It is quite successful so far this year.

Altcoin market is very hot and attractive at a moment and more people are interested in altcoin trading at a moment and that is the reason bitcoin is not going up.

That is right. The total trading volumes of the altcoins are more than the bitcoin and every day, there is a high rising coin.

I don't think so that is the reason why bitcoin's price is not getting. if lots of people using altcoins. they are using bitcoin to buy sell alts. altcoins without bitcoin are nothing.
every new alt depends on bitcoin to take a place in the market, bitcoin's price is not growing up because of so many scam and hacking attempts of recent big sites.

Sanguintan

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