Another vote for "somewhere in between" here. I can't deny that the reason I'm here today is because I was attracted to the gains in 2013. The technology grew on me a lot over time as I saw examples of how powerful permissionless, cross-border transactions can be.
But there's no way around the greed factor. It's a good thing, really. The limited supply drives adoption, which in turn may have major effects on the global financial system.
Topic: quick wins or trying to change things - page 2. (Read 412 times)
Going for quick rich???Nobody can get rich quick,unless he wins the lottery or he's a gangster. 
The "rich quick" mentality is wrong.If you wanna get rich and change the world,you will have to be patient and persistent as f*ck.We, as a community can change the financial system,but no individual can't achieve this alone.I would say that your question is kinda wrong.
The "rich quick" mentality is wrong.If you wanna get rich and change the world,you will have to be patient and persistent as f*ck.We, as a community can change the financial system,but no individual can't achieve this alone.I would say that your question is kinda wrong.
The money making part is linked to having a long term vision. Most people that wanted a quick buck have already sold. These guys will never get rich because they will keep getting triggered by the ups and downs of the price.
Few very early investors got rich by knowing what they had on their hands. A lot just mined it to buy weed on the darknet or something and lost the wallet and found it years later. Very few understood the fundamentals. From now on there is no excuse, there's enough info out there to understand bitcoin's fundamentals and why it is a must long term hold in any sound portfolio.
As far as changing the world goes... it already has changed the world. The fact that it's been 10 years and counting is pretty mindblowing. The world hasn't still assumed that you can now make transactions around the world without censorship which is why I think bitcoin has always been undervalued. The quick buckers are too busy trying to find bitcoin 2.0 to realize that.
Few very early investors got rich by knowing what they had on their hands. A lot just mined it to buy weed on the darknet or something and lost the wallet and found it years later. Very few understood the fundamentals. From now on there is no excuse, there's enough info out there to understand bitcoin's fundamentals and why it is a must long term hold in any sound portfolio.
As far as changing the world goes... it already has changed the world. The fact that it's been 10 years and counting is pretty mindblowing. The world hasn't still assumed that you can now make transactions around the world without censorship which is why I think bitcoin has always been undervalued. The quick buckers are too busy trying to find bitcoin 2.0 to realize that.
should it be one or the other? can't it be somewhere in between?!
i am somewhere in between. i am very interested in the technology and i want to see bitcoin reach mass adoption and be the currency that you can use anywhere in the world without needing to convert to fiat.
but also i am interested in making profit. i don't have the delusions of getting rich overnight and i am not willing to take huge risks for it either but this is a market which i can trade in and make profit or invest long term and make profit.
i am somewhere in between. i am very interested in the technology and i want to see bitcoin reach mass adoption and be the currency that you can use anywhere in the world without needing to convert to fiat.
but also i am interested in making profit. i don't have the delusions of getting rich overnight and i am not willing to take huge risks for it either but this is a market which i can trade in and make profit or invest long term and make profit.
Exactly, I wanted for bitcoin to be used as a currency, (which I'm been doing for more than 1 year now). But at the same time, I have some I kept not to be used but rather as a investment, so obviously, I'm also here to make money, to be honest. So I'm somewhat in between as well, or somewhere between the currency aspect and the Store of Value in can bring to people, specially those who have tons of money to invest.
should it be one or the other? can't it be somewhere in between?!
i am somewhere in between. i am very interested in the technology and i want to see bitcoin reach mass adoption and be the currency that you can use anywhere in the world without needing to convert to fiat.
but also i am interested in making profit. i don't have the delusions of getting rich overnight and i am not willing to take huge risks for it either but this is a market which i can trade in and make profit or invest long term and make profit.
i am somewhere in between. i am very interested in the technology and i want to see bitcoin reach mass adoption and be the currency that you can use anywhere in the world without needing to convert to fiat.
but also i am interested in making profit. i don't have the delusions of getting rich overnight and i am not willing to take huge risks for it either but this is a market which i can trade in and make profit or invest long term and make profit.
I've already been here long enough, and was underwater for long enough, for the idea of it being a get rich quick scheme to be laughable.
If Bitcoin sat there and did nothing forever I would still be interested but would be pulling money out. The potential for monetary gains are incentivising people to stick around and make it work. Very few want to change the world for no personal gain. Changing it while doing well is a win win.
At the absolute max I'd turn 50% to fiat once a certain amount was reached and I really shoud've done that in late 2017. Ah well. I'd prefer to completely erase the possibility of ruination if crypto failed. At the same time I would never want to be fully out.
If Bitcoin sat there and did nothing forever I would still be interested but would be pulling money out. The potential for monetary gains are incentivising people to stick around and make it work. Very few want to change the world for no personal gain. Changing it while doing well is a win win.
At the absolute max I'd turn 50% to fiat once a certain amount was reached and I really shoud've done that in late 2017. Ah well. I'd prefer to completely erase the possibility of ruination if crypto failed. At the same time I would never want to be fully out.
this is a very difficult question to answer because many decisions do not depend on the people, the important decisions depend on the government, I believe that most people would like to see bitcoin being used as a means of payments, but unfortunately reality is other , so people are in the crypto world to make a profit, only on the day that most governments regulate bitcoin and allow bitcoin to be accepted in many establishments we will see many people using bitcoin as a means of payment.
I am not really interested in getting short term profits, so I voted for changing the world but it is something that is not going to happen as soon as many people are thinking, it is going to be a very slow process that it will take a long time, the process could be accelerated if the economy of the world crashed and people finally realized that the financial system is rigged against them and they take actions to protect themselves.
But I'm not as convinced as before this will happen because if that was the case then people in the past had a lot of opportunities to realize that fact and yet they did not act or took precautions that could allow them to resist the next crisis that will surely happen.
But I'm not as convinced as before this will happen because if that was the case then people in the past had a lot of opportunities to realize that fact and yet they did not act or took precautions that could allow them to resist the next crisis that will surely happen.
just saw this pic ........ so why not a small POLL
i know i'm a long term HODLER and believe BTC can change a lot, but @the same time i'm also always increasing (trying) my stash buying coins on the LOW etc to make more BTC's (as in investing to gain more capital)
though i try to live with BTC as payment for stuff as and with poker playing (running some games in the forum) etc... so i use BTC, but HODL the most.....
how about you guys , GOING FOR QUICK RICH
CHANGING THE FINANCIAL SYSTEM
(i just think i would like to always keep most of my BTC holdings,@least 50% , and like to transact in BTC for payments between friends and services, so i go for changing the "financial" but i do like the money/btc making part as well offcourse)
i know i'm a long term HODLER and believe BTC can change a lot, but @the same time i'm also always increasing (trying) my stash buying coins on the LOW etc to make more BTC's (as in investing to gain more capital)
though i try to live with BTC as payment for stuff as and with poker playing (running some games in the forum) etc... so i use BTC, but HODL the most.....
how about you guys , GOING FOR QUICK RICH
CHANGING THE FINANCIAL SYSTEM
(i just think i would like to always keep most of my BTC holdings,@least 50% , and like to transact in BTC for payments between friends and services, so i go for changing the "financial" but i do like the money/btc making part as well offcourse)
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