The dream of getting rich with bitcoins - page 141.

paycum

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Quote from: batang_bitcoin on May 01, 2017, 07:57:02 AM

Quote from: TheCoinGrabber on April 30, 2017, 04:55:31 PM

Is it possible to get more bitcoins by first buying bitcoins, converting them to fiat, and then using that money again to buy bitcoins or that's just impossible?

Yes it is very possible, it is trading but if you are going to buy bitcoin right now considering its current price, you need to wait a little bit longer so that you are able to sell it at higher price. Many traders here are focused with that type of trading and this good if you are holding a lot of bitcoin.

Yes if you have dream of getting rich with bitcoins then you should be holding good amount of coins so even if the price doesn't reaches to the moon still you can become rich with it if you have managed to save higher amount of bitcoins in your wallet.

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Quote from: TheCoinGrabber on April 30, 2017, 04:55:31 PM

Is it possible to get more bitcoins by first buying bitcoins, converting them to fiat, and then using that money again to buy bitcoins or that's just impossible?

Yes it is very possible, it is trading but if you are going to buy bitcoin right now considering its current price, you need to wait a little bit longer so that you are able to sell it at higher price. Many traders here are focused with that type of trading and this good if you are holding a lot of bitcoin.

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Quote from: mornabo on April 24, 2017, 07:02:46 PM

Quote from: axorb on April 24, 2017, 12:25:58 PM

Quote from: Jrock on April 24, 2017, 10:32:58 AM

I am not dreaming to get rich with bitcoin but I am trying to collect as many coins as possible at a moment and will save it for future and if luck favors me and if price goes in millions in future then the bitcoins that I would be holding can surely make me rich in future.

I don't think that the price of bitcoins will get into millions in future but its good to collect as many coins as possible so even if the price doesn't reach to the moon still you can make good money if you have higher amount of bitcoins.

Yeah I thought it would be impossible that bitcoin prices would cost millions of dollars per bitcoin. But if you want to continue to discipline to collect the bitcoin you get for a long time. I'm sure it will accumulate a lot and if you sell it you can get rich. All you have to plant in your mind is trust, confidence, patience and hard work

Without a trust and the hard work you cannot achieve anything whether it is to get rich or any other goal that you have planned. The BTC is providing the opportunity to get rich and make your dreams come true. The only thing that you need is a smart decision of to know the perfect time for selling and buying the BTC.

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Quote from: TheCoinGrabber on April 30, 2017, 04:55:31 PM

Is it possible to get more bitcoins by first buying bitcoins, converting them to fiat, and then using that money again to buy bitcoins or that's just impossible?

That is possible but it will be an time consuming process as you need to buy them when price is low and sell when price goes higher to get profits from it and again wait for the price drop to buy them back but you will never know which is the lowest price to buy and highest price to sell.

I think that will work best if you have a good amount of capital, in my case I use to buy altcoins using my bitcoin because I can a see a variety of choices and suits to my need as a day trader. I have long term investment which is bitcoin but I also keep some good altcoins for the future.

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Is it possible to get more bitcoins by first buying bitcoins, converting them to fiat, and then using that money again to buy bitcoins or that's just impossible?

paycum

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Quote from: Fireblade on April 30, 2017, 03:25:22 PM

Quote from: Bunsomjelican on April 30, 2017, 11:36:30 AM

Quote from: Adriandmen on July 16, 2016, 03:22:41 PM

Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?

Many are desiring to become rich in bitcoin, but there are also majority of them failed to achieved it because some of them became impatience, then in my case I'm not earning big yet into bitcoin actually, I'm still in the process of learning about here in this bitcoin world. And I'm not starting it yet to do actual trade in the market, maybe sooner or later I will go to that stage.

to me i think bitcoin is providing opportunity to every one to become rich but i think it depend on your own strategy and planing that now can your utilize your bitcoin, if you are a good trader and you have good experience in trading then you can surely make good money from trading alt coin and can really become a rich person. but you must keep it in your mind that trading really need trading skill and experienc.

Trading is a good way to multiply your bitcoins in short time but that will also depend on what capital you invest in it and what strategy you follow to make profits and to make profits from you should know what which is the right coin to invest and that also at a right time.

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Quote from: Bunsomjelican on April 30, 2017, 11:36:30 AM

Quote from: Adriandmen on July 16, 2016, 03:22:41 PM

Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?

Many are desiring to become rich in bitcoin, but there are also majority of them failed to achieved it because some of them became impatience, then in my case I'm not earning big yet into bitcoin actually, I'm still in the process of learning about here in this bitcoin world. And I'm not starting it yet to do actual trade in the market, maybe sooner or later I will go to that stage.

to me i think bitcoin is providing opportunity to every one to become rich but i think it depend on your own strategy and planing that now can your utilize your bitcoin, if you are a good trader and you have good experience in trading then you can surely make good money from trading alt coin and can really become a rich person. but you must keep it in your mind that trading really need trading skill and experienc.

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Quote from: dothebeats on April 30, 2017, 02:21:19 PM

As long as you don't have a steady way of earning bitcoins or you aren't sure of what to do to get that million, you wouldn't be rich. Most people are too eager to be rich and just ignore the fact that it will certainly take a lot of time before you could even get there. Success is not reliant to luck alone; hardwork pays off the most in getting rich.

That is the exact reason why I never dream about getting rich. It doesnt matter for me if it would make me rich with bitcoin, or anything else because I know it is not going to happen.
You cannot expect having great returns and prosperity just because you know something about BTC and overall, about cryptocurrencies. You need to do something with that, to use this knowledge for earning purposes.

Same like you cannot earn money without any amount for investing purposes. The only way in which you can obtain BTC not by buying it, is just using your abilities for this desire: do posts on forum while having signature campaining, look for freelancer jobs or just get payed for coding.

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As long as you don't have a steady way of earning bitcoins or you aren't sure of what to do to get that million, you wouldn't be rich. Most people are too eager to be rich and just ignore the fact that it will certainly take a lot of time before you could even get there. Success is not reliant to luck alone; hardwork pays off the most in getting rich.

sikke

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Quote from: Bunsomjelican on April 30, 2017, 11:36:30 AM

Quote from: Adriandmen on July 16, 2016, 03:22:41 PM

Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?

Many are desiring to become rich in bitcoin, but there are also majority of them failed to achieved it because some of them became impatience, then in my case I'm not earning big yet into bitcoin actually, I'm still in the process of learning about here in this bitcoin world. And I'm not starting it yet to do actual trade in the market, maybe sooner or later I will go to that stage.

Im actually happy, that you are a newbie and you are already saying such a smart things.
You are one hunder percent right, there are very few possibilities in which you can get big amount of money in a very short period of time, thanks to bitcoin.
In most cases, you can currently make such a big returns with altcoins, but it contains a very high risk, and the trader should be well educated about cryptocurrencies to have an ability to enter the coin with potential.

You need to put a lot of effort on making bitcoin on a long term. If you will be successful, you can make a lot of bitcoins in just few years.

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Quote from: rickadone on April 30, 2017, 02:01:36 PM

Quote from: swogerino on April 25, 2017, 06:20:24 AM

Bitcoin can make you rich but not within just a few days. Bitcoin can make you rich if you start right now working for bitcoins anywhere you can in fiver or behance or websites like those. Keep collecting the coins and sure after a few years your dreams may be fulfilled and realized. Many people dream here about getting rich with bitcoin but until then it is a long way to go.

This is what all we need to understand. With the hard work also you have to be patient. It will make you rich but not over the night, it will take time for you to achieve your goals, and what more everyone needs is struggle for it to collect as many as you can. Those who think of to become billionaire in a night will hardly understand this phenomenon.

If you are just earning a few bitcoins it can not make you rich you can gain profit and your amount will increase and increase its value but it still not enough to become rich you need to be multi tasker and i think you should need a good skills like developing or internet marketing many website right or affiliate marketing company are paying in bitcoin so if you know seo skill you can earn a good amount that you can save for a long time..

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Quote from: swogerino on April 25, 2017, 06:20:24 AM

Bitcoin can make you rich but not within just a few days. Bitcoin can make you rich if you start right now working for bitcoins anywhere you can in fiver or behance or websites like those. Keep collecting the coins and sure after a few years your dreams may be fulfilled and realized. Many people dream here about getting rich with bitcoin but until then it is a long way to go.

This is what all we need to understand. With the hard work also you have to be patient. It will make you rich but not over the night, it will take time for you to achieve your goals, and what more everyone needs is struggle for it to collect as many as you can. Those who think of to become billionaire in a night will hardly understand this phenomenon.

Bunsomjelican

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Quote from: Adriandmen on July 16, 2016, 03:22:41 PM

Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?

Many are desiring to become rich in bitcoin, but there are also majority of them failed to achieved it because some of them became impatience, then in my case I'm not earning big yet into bitcoin actually, I'm still in the process of learning about here in this bitcoin world. And I'm not starting it yet to do actual trade in the market, maybe sooner or later I will go to that stage.

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Quote from: Vaskiy on April 30, 2017, 06:06:24 AM

Quote from: surus on April 30, 2017, 05:55:17 AM

I am very curious about how Bitcoin will hold on until 2030 as none of the first projects in any technological revolution survived (first internet mail, browser, first fiat currency etc...). Do you think there is 0 option for some other Cryptocurrency to step forward?

Technological development will continue to be used even after 2030 or after centuries, but it might be functioning in an much advanced manner than the present as the world seems to move forward with much faster phase. We cannot deny completely that no other currency can overcome bitcoin after years as each day different coins with varied features are coming into usage.

Of course technology would develop in the future and that time, digital currency would increase its demand bit by bit. In terms of competition, there is a possibility that an altcoin can overcomr bitcoin since there are features that altcoins can do.

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Quote from: surus on April 30, 2017, 05:55:17 AM

I am very curious about how Bitcoin will hold on until 2030 as none of the first projects in any technological revolution survived (first internet mail, browser, first fiat currency etc...). Do you think there is 0 option for some other Cryptocurrency to step forward?

Technological development will continue to be used even after 2030 or after centuries, but it might be functioning in an much advanced manner than the present as the world seems to move forward with much faster phase. We cannot deny completely that no other currency can overcome bitcoin after years as each day different coins with varied features are coming into usage.

surus

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I am very curious about how Bitcoin will hold on until 2030 as none of the first projects in any technological revolution survived (first internet mail, browser, first fiat currency etc...). Do you think there is 0 option for some other Cryptocurrency to step forward?

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Quote from: hizzor on April 30, 2017, 01:39:04 AM

We just have to hodl until 2030 and everyone who owns a bitcoin will be rich. The million dollar bitcoin is an inevitability.

Yes, just hold your btc until 2030 because we know that it will continue increasing. I analyzed and put a question in my mind 'how the price of bitcoin increase? I conlude that in the past 2014 bitcoin price is very low and that is because of the crypto-currencies in that year is too small and also unfamous. Therefore, the market volume can affect the price of bitcoin so in 2030 the market volume will be a big pump.

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Quote from: madwica on April 30, 2017, 01:15:58 AM

Quote from: Theb on April 30, 2017, 12:55:21 AM

Quote from: andrei56 on April 30, 2017, 12:36:43 AM

Quote from: Xenophoto on April 25, 2017, 09:22:03 AM

Quote from: Format.C^ on April 24, 2017, 03:22:58 PM

Quote from: PrintMule on April 24, 2017, 01:22:41 PM

Nobody knew that it would be worth so years ago.In the same way, no one knows what the price will be five years from now.No one can guarantee that Btc will become very rich in the future with this logic in mind.I can say that it will be valued more than now.

The price of bitcoins will be definitely higher in next couple of years but cannot predict what will be the exact price it will hold and if your intention is to become rich with bitcoins then you should try to accumulate as many coins as possible.

I know this would sound absurd to some but you can actually predict the exact price of bitcoin but you don't know when will that be. You can say $1431 exactly and the price of bitcoin at some point will be exactly that price. Maybe not for a really long time, but all of the number were once the price of bitcoin. Numbers lower than $1300 were once the price of bitcoin.

My plan is to accumulate as many coins as I can so regardless if bitcoin price will go as high as we are expecting or not, I'm going to have a decent amount of money.

In a way you are right but if you are not able to tell at least a range in which your prediction is going to come true then that is not a prediction at all, since there is no way to take any action to take advantage of this information at all.

Its hard for us to hold something that long a "couple years" would mean a lot of changes has even the price of Bitcoin will be surely affected but we don't know yet if this is a good change or a bad one. How can I say that? It is a decentralized currency in which no government has control over it but big players, we don't know when they will do a huge sell of again in which it can happen anytime in a couple of years.

Agree with you that holding bitcoin for a long years are very hard but that method will gives you great opportunity to get more income.
I think bitcoin would be great currency in the future that is why we need to collect more bitcoin as many as we can until we have strenght to get because it can helps to make us reach in the future.

It's hard to hold bitcoin as we are affraif of volitality or hacking however this is something less to happen. First is volitality, we all know that volitality occurs in bitcoin unexpectedly. This can cause people to panjce slling however there is nothing to worry about since it can recover increasing its rate as its foundation is huge and developer won't keep it die. For the security, hot wallet/cold wallet is secured enough since it has a frature of private key/2fa security which strengthen its security to keep hackers away.

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We just have to hodl until 2030 and everyone who owns a bitcoin will be rich. The million dollar bitcoin is an inevitability.

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Quote from: madwica on April 30, 2017, 01:15:58 AM

Quote from: Theb on April 30, 2017, 12:55:21 AM

Quote from: andrei56 on April 30, 2017, 12:36:43 AM

Quote from: Xenophoto on April 25, 2017, 09:22:03 AM

Quote from: Format.C^ on April 24, 2017, 03:22:58 PM

Quote from: PrintMule on April 24, 2017, 01:22:41 PM

Nobody knew that it would be worth so years ago.In the same way, no one knows what the price will be five years from now.No one can guarantee that Btc will become very rich in the future with this logic in mind.I can say that it will be valued more than now.

The price of bitcoins will be definitely higher in next couple of years but cannot predict what will be the exact price it will hold and if your intention is to become rich with bitcoins then you should try to accumulate as many coins as possible.

I know this would sound absurd to some but you can actually predict the exact price of bitcoin but you don't know when will that be. You can say $1431 exactly and the price of bitcoin at some point will be exactly that price. Maybe not for a really long time, but all of the number were once the price of bitcoin. Numbers lower than $1300 were once the price of bitcoin.

My plan is to accumulate as many coins as I can so regardless if bitcoin price will go as high as we are expecting or not, I'm going to have a decent amount of money.

In a way you are right but if you are not able to tell at least a range in which your prediction is going to come true then that is not a prediction at all, since there is no way to take any action to take advantage of this information at all.

Its hard for us to hold something that long a "couple years" would mean a lot of changes has even the price of Bitcoin will be surely affected but we don't know yet if this is a good change or a bad one. How can I say that? It is a decentralized currency in which no government has control over it but big players, we don't know when they will do a huge sell of again in which it can happen anytime in a couple of years.

Agree with you that holding bitcoin for a long years are very hard but that method will gives you great opportunity to get more income.
I think bitcoin would be great currency in the future that is why we need to collect more bitcoin as many as we can until we have strenght to get because it can helps to make us reach in the future.

No, that is not right holding Bitcoin is not hard but it is dangerous to your capital. It does not contain any opportunities only risk is involve. Like they said we don't really know what is the exact future of Bitcoin whether it is a good one or a bad one. That is why it is only good for short term profiting, and what I mean about that is Trading in which you buy low and sell high, best time to buy low is when the panic selling is stopped and we can see it climbing back up. Also the government can play an important role for the future of Bitcoin and we don't know exactly if it will be good or bad for Bitcoin's future.

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