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Topic: The dream of getting rich with bitcoins - page 160. (Read 227475 times)

sr. member
Activity: 406
Merit: 250
If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

How can he get rich if he buys only 1 bitcoin and sell at higher price as to get rich with bitcoins you also need to have huge amount of bitcoins in your wallet and you can become rich with 1 bitcoin only if price goes in millions in future which is unlikely to happen.
legendary
Activity: 1008
Merit: 1060
If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.

Uhmm. No. Grin

Supposed for example I bought 10 bitcoins at $1000. And I sold them at a higher price which is $1001, I'm rich already? I don't think so. Where trading will take you depends on the amount of money you invested all in all and how much gains you have. Simply saying "buy low, sell high and Ta dah! You're rich" is correct only on a higher degree.

If you are going to trade everyday, I suggest that you look up altcoins as well. It's not every day that there's a good movement with the bitcoin market. Or you can do both. Hold bitcoins for a long time and then day trade altcoins. It all depends on you.
hero member
Activity: 1593
Merit: 502
If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.
sr. member
Activity: 1638
Merit: 255
I suspect the road to getting rich involves things like being disciplined, making good decisions, developing skills, resources or knowledge others will pay for.

Bitcoin isn't required for any of those things. But then I am not rich, so I can't say I really know what the way to do it is or whether bitcoin is required for it to happen.
To get rich, you can always help the case, but it is not predictable. It does not need to focus only on bitcoin. It can happen in any business. But I think the best thing for you to work hard and learn to earn. So you will have more chance to get rich.

Yes correct, whatever that is to be rich not necessary only through from bitcoin, any skills we have provided who want to develop it and working hard definitely there will be the opportunity to make so we're  wealthy or work in the real world. Not to become rich it, at least be able to get enough money
member
Activity: 84
Merit: 10
I suspect the road to getting rich involves things like being disciplined, making good decisions, developing skills, resources or knowledge others will pay for.

Bitcoin isn't required for any of those things. But then I am not rich, so I can't say I really know what the way to do it is or whether bitcoin is required for it to happen.
To get rich, you can always help the case, but it is not predictable. It does not need to focus only on bitcoin. It can happen in any business. But I think the best thing for you to work hard and learn to earn. So you will have more chance to get rich.
legendary
Activity: 2562
Merit: 1441
I suspect the road to getting rich involves things like being disciplined, making good decisions, developing skills, resources or knowledge others will pay for.

Bitcoin isn't required for any of those things. But then I am not rich, so I can't say I really know what the way to do it is or whether bitcoin is required for it to happen.
sr. member
Activity: 1792
Merit: 264
If you persevere with the earnest dream menhadi rich with bitcoin can be realized, here depends on us to live what we are half and half believe in the digital currency or we just play play to earn bitcoin, if the price of bitcoin the higher the value the opportunity to become rich with bitcoin the greater the expectation
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
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?
In actual I am losing​ my time with bitcoin job .Since my earnings are according to my expectations but still that amount of earning from the bitcoin is not enough to live my life but it helps me lot to complete my small dreams of electronic gadgets.
Here a big thing in the bitcoin is that you can make only earning when you have big amount to invest for your trading  , I mean we need to have big turn over with our job otherwise we will do work only for the small amount of the money .
Well here some ways are to make money without investment so here the better place is for students for pocket money .
member
Activity: 108
Merit: 10
I arrived late in the game but I am a trader at heart and have been since I was a nipper. I now trade alts and btc and make an ok side income for my work. Find what you enjoy and the money will soon come because you are free to be creative.

Stay pimping..

Me either I arrived late on bitcoin and I just new this not more than 2 years. But I can say that it's very possible to become rich with bitcoin as long as you know how does the market works, you have some exceptional trading skills. And you know when to buy and sell for the profit. There are a lot of ways to earn in bitcoin and that's an advantage for us to become rich.

Becoming rich is to draining of the mind. Just enjoy what you do and what to be the best you can be and richness of one kind or another will come. Richness is not always financial gain, but the gain of richness in you that opens the door for wealth. To many get wrapped up with the end result and forget they need top be prepared for it and if they're not it will never come.

Pimping out.
sr. member
Activity: 1638
Merit: 255
I arrived late in the game but I am a trader at heart and have been since I was a nipper. I now trade alts and btc and make an ok side income for my work. Find what you enjoy and the money will soon come because you are free to be creative.

Stay pimping..

Me either I arrived late on bitcoin and I just new this not more than 2 years. But I can say that it's very possible to become rich with bitcoin as long as you know how does the market works, you have some exceptional trading skills. And you know when to buy and sell for the profit. There are a lot of ways to earn in bitcoin and that's an advantage for us to become rich.

I guess you are more lucky since you came to Bitcoin earlier than me.  Getting rich with bitcoin is harder today than it was two year ago.  though I agree that there are lots of ways to earn bitcoin but depending on the difficulty of task, easier task give just dust and trading needs experience and knowledge to take advantage of it.

well i think so. A few years ago bitcoin can be obtained easily because prices are not as expensive as bitcoin now and many giveaways with prize bitcoin a much, now a little and with a little prize amount. It seems now must more work hard to get a lot of bitcoin
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Due to the fact that price of bitcoin is not very stable, trade for this currency is quite risky. You need to have a large margin, and this is problematic in our time. Now bitcoin is at the stage of falling and therefore to get rich will not work.

I think that the situation now is much better than the one we had a few years back. In 2014 and 2015, the exchange rates were swinging by as much as 15% to 20% in a single day. Now the maximum 24-hour swing is 5%. This is an encouraging sign

Such comparisons are heavily misleading

Two and three years ago prices were five times less than they are now, so you should compare prices and their volatility on equal terms. Otherwise, I could claim that today volatility has grown as much as the price itself. And back then, the max numbers in the price change per day were around 20-30 dollars while now they in the range 100-200 dollars. But you seem to be wrong even on your own footing, price can still change the same 15-20% daily (150-200 dollars in absolute terms). This doesn't happen every day, but it didn't happen everyday back then either. I had been actively trading in the summer and fall of 2015 at Bitfinex, and the average daily volatility was around 5% in those days (if not below) with prices in the range of 200-250 dollars per coin
hero member
Activity: 3080
Merit: 603
I arrived late in the game but I am a trader at heart and have been since I was a nipper. I now trade alts and btc and make an ok side income for my work. Find what you enjoy and the money will soon come because you are free to be creative.

Stay pimping..

Me either I arrived late on bitcoin and I just new this not more than 2 years. But I can say that it's very possible to become rich with bitcoin as long as you know how does the market works, you have some exceptional trading skills. And you know when to buy and sell for the profit. There are a lot of ways to earn in bitcoin and that's an advantage for us to become rich.

I guess you are more lucky since you came to Bitcoin earlier than me.  Getting rich with bitcoin is harder today than it was two year ago.  though I agree that there are lots of ways to earn bitcoin but depending on the difficulty of task, easier task give just dust and trading needs experience and knowledge to take advantage of it.

No, no, there's no luck for both of us. Those people that are luckier than us are those people that came to bitcoin while it has a very low price and they believed that bitcoin is something that will give them good profit in the future. And we can see right now, they didn't made a mistake for trusting bitcoin and that's what we need to do.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
I arrived late in the game but I am a trader at heart and have been since I was a nipper. I now trade alts and btc and make an ok side income for my work. Find what you enjoy and the money will soon come because you are free to be creative.

Stay pimping..

Me either I arrived late on bitcoin and I just new this not more than 2 years. But I can say that it's very possible to become rich with bitcoin as long as you know how does the market works, you have some exceptional trading skills. And you know when to buy and sell for the profit. There are a lot of ways to earn in bitcoin and that's an advantage for us to become rich.

I guess you are more lucky since you came to Bitcoin earlier than me.  Getting rich with bitcoin is harder today than it was two year ago.  though I agree that there are lots of ways to earn bitcoin but depending on the difficulty of task, easier task give just dust and trading needs experience and knowledge to take advantage of it.
hero member
Activity: 3080
Merit: 603
I arrived late in the game but I am a trader at heart and have been since I was a nipper. I now trade alts and btc and make an ok side income for my work. Find what you enjoy and the money will soon come because you are free to be creative.

Stay pimping..

Me either I arrived late on bitcoin and I just new this not more than 2 years. But I can say that it's very possible to become rich with bitcoin as long as you know how does the market works, you have some exceptional trading skills. And you know when to buy and sell for the profit. There are a lot of ways to earn in bitcoin and that's an advantage for us to become rich.
full member
Activity: 238
Merit: 100
be rich indeed the dream of everyone but we must know how where to be rich and successful in the field bitcoin yaaa to join my Ifen such as signatures and can aja.dengan serious wound provide skills that dream into a real future together later bitcoin.
hero member
Activity: 966
Merit: 517
We can make our selves rich with bitcoin once the bitcoin per price will be at $1,000,000 i will probably earn bitcoin from thing that i know i can earn from faucet and other thing that i can get bitcoin for free maybe from faucet we can earn about $5 per collect how that sounds to you people?
The earnings from the faucet will not be the same when the price of bitcoin will increase until the faucets get high amount from their ads on their faucets. As all of they pay from the earnings from the ads so they will pay you some percent from the income they get from faucet if the ads will pay them high then you will get high.
legendary
Activity: 1106
Merit: 1005
but still i am hopeful and confident that the price of bitcoin is going to increase more and more and hope that very soon the price of bitcoin will cross 2000 USD just in few months the price of bitcoin will be trading above 2000 USD level.

When you post such outrageous claims, then you should accompany that with some concrete proof. Give some reason why you think that the prices will top $2,000. There should be some trigger, such as the ETF listing or government recognition.
ETF application was a failure so I don't think it would ever be approved in the future, but I don't think also it would be the reason why bitcoin will
rise that big. It's the time that is needed and even before the ETF's approval humor we have seen how the price constantly grow.
The last year was pretty amazing because we have double the price and I think this year it can also be possible so let us not judge only on the
present situation of bitcoin as still it is valuable for the many.

The chances are still there. Apart from the ETF by the Winkelwii, I heard that at least two other groups are planning to list their ETFs in the NYSE (this is, if they get the approval). Also, you can't discount the chances of the Winkelwii trying to list the ETF in some of the European exchanges. The SIX Swiss Exchange in Zurich may be perfect for this purpose.

I'm not sure that approval is of great importance for bitcoin. Yes, he would have gained popularity. But this can not be the basis for price growth. There are many other factors that affect bitcoin

Eventually bitcoin shouldn't care about approval.   
   
Bitcoin is supposed to overthrow the old financial system, so it doesn't really care about oldschool regulation.
member
Activity: 108
Merit: 10
I arrived late in the game but I am a trader at heart and have been since I was a nipper. I now trade alts and btc and make an ok side income for my work. Find what you enjoy and the money will soon come because you are free to be creative.

Stay pimping..
full member
Activity: 203
Merit: 100
but still i am hopeful and confident that the price of bitcoin is going to increase more and more and hope that very soon the price of bitcoin will cross 2000 USD just in few months the price of bitcoin will be trading above 2000 USD level.

When you post such outrageous claims, then you should accompany that with some concrete proof. Give some reason why you think that the prices will top $2,000. There should be some trigger, such as the ETF listing or government recognition.
ETF application was a failure so I don't think it would ever be approved in the future, but I don't think also it would be the reason why bitcoin will
rise that big. It's the time that is needed and even before the ETF's approval humor we have seen how the price constantly grow.
The last year was pretty amazing because we have double the price and I think this year it can also be possible so let us not judge only on the
present situation of bitcoin as still it is valuable for the many.

The chances are still there. Apart from the ETF by the Winkelwii, I heard that at least two other groups are planning to list their ETFs in the NYSE (this is, if they get the approval). Also, you can't discount the chances of the Winkelwii trying to list the ETF in some of the European exchanges. The SIX Swiss Exchange in Zurich may be perfect for this purpose.

I'm not sure that approval is of great importance for bitcoin. Yes, he would have gained popularity. But this can not be the basis for price growth. There are many other factors that affect bitcoin
legendary
Activity: 3766
Merit: 1217
but still i am hopeful and confident that the price of bitcoin is going to increase more and more and hope that very soon the price of bitcoin will cross 2000 USD just in few months the price of bitcoin will be trading above 2000 USD level.

When you post such outrageous claims, then you should accompany that with some concrete proof. Give some reason why you think that the prices will top $2,000. There should be some trigger, such as the ETF listing or government recognition.
ETF application was a failure so I don't think it would ever be approved in the future, but I don't think also it would be the reason why bitcoin will
rise that big. It's the time that is needed and even before the ETF's approval humor we have seen how the price constantly grow.
The last year was pretty amazing because we have double the price and I think this year it can also be possible so let us not judge only on the
present situation of bitcoin as still it is valuable for the many.

The chances are still there. Apart from the ETF by the Winkelwii, I heard that at least two other groups are planning to list their ETFs in the NYSE (this is, if they get the approval). Also, you can't discount the chances of the Winkelwii trying to list the ETF in some of the European exchanges. The SIX Swiss Exchange in Zurich may be perfect for this purpose.
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