Want to Be a Millionaire? Two Main Rules of Bitcoin Investing - page 5.

Rahar02

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Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Really good article, thanks for share it. Make me believe in hold mine for long term without sell out in every peak hike which maybe very cheap in the future of bitcoin world. I like this quote : We can only say that the early believers had it easier and the cost of delaying your entry into Bitcoin will only make it harder for you to become a Bitcoin millionaire. Yes, many people said or will say that it is too late or if I know it in 2009 it should be, and so on. Don't regret what we don't know in the past, but make it today as 1 bitcoin may worth $10,000 or even $1 Million within 35 years. Not an easy task to be patient on those years, it suppose to.

batang_bitcoin

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Bitcoin is a real deal and real thing now which we can see though the price seems to be falling and getting up again. Just think about if you bought one way back on it's days that has cheap price you will surely become an instant millionaire but right now it is still applicable as there are a lot of ways to earn on it, the same principle is applied, just keep on holding.

jacaf01

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The revolutionary trading ecosystem

Time of cheap BTC is far gone, just look at the recent infighting, before the price would have suffered great but now no. If BTC reach $10,000 that is just 10X return when compare to over 2000X return some early adopter hit. What I do is to hedge my BTC profit in possible next big thing in Crypto and possibly some of them will hit 100X return in coming years for investors

mindrust

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Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Hundreds of people bought bitcoin when it costed dust yet as soon as their dust multiplied by 2, they passed their dust to someone else. Some didn't even wait to get double and passed their dust for %10-%30 or %50...

Buying something you never heard before and has zero value in 2009 (probably by luck btw) and waiting for 4 years; that's same as buying a lottery ticket for 10 bucks.

If you think you are smart, why haven't you bought DSH or ETH when they costed dust? yea right. You wouldn't fucking knew.

Hazir

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Quote from: Luno on March 25, 2017, 03:13:28 PM

Quote from: sandor111 on March 25, 2017, 02:55:25 PM

Quote from: bravehearth0319 on March 25, 2017, 11:57:20 AM

Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.

We cannot give only 2 rules to become millionare not in btc but anywhere. you have to take lot of steps and you have to use your time much effectively then only you can earn in millions. But best things what one can do here in btc is trading which requires good knowledge of btc world, do some freelance project which will give the regular income and you can enhance your skill.

if you want to earn more in the btc, try to learn as much about btc, do trading, if you are having good resource then go for mining where you will create you own money not so easy, to become a millionaire you must take these steps. otherwise if you want to play safe then invest as much on bitcoin, do trading which is not much riskier than the mining but it requires lot of knowledge of btc, for sure you will learn the things fast the way you explore here.

Unless you are already rich and have capital there is no way you will become a bitcoin millionaire, not anymore, early adoption times are over. Deal with it.
Of course there is slight possibility that bitcoin will grow exponentially in the future - but still it is less than wise to expect that with your 1 or 2 BTC you will become a millionaire in 10 or 15 years.
Even if you predict every pump and dump and take advantage of it while trading with low initial capital you won't gain much.

Luno

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Quote from: sandor111 on March 25, 2017, 02:55:25 PM

Quote from: bravehearth0319 on March 25, 2017, 11:57:20 AM

Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.

We cannot give only 2 rules to become millionare not in btc but anywhere. you have to take lot of steps and you have to use your time much effectively then only you can earn in millions. But best things what one can do here in btc is trading which requires good knowledge of btc world, do some freelance project which will give the regular income and you can enhance your skill.

if you want to earn more in the btc, try to learn as much about btc, do trading, if you are having good resource then go for mining where you will create you own money not so easy, to become a millionaire you must take these steps. otherwise if you want to play safe then invest as much on bitcoin, do trading which is not much riskier than the mining but it requires lot of knowledge of btc, for sure you will learn the things fast the way you explore here.

sandor111

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Quote from: bravehearth0319 on March 25, 2017, 11:57:20 AM

Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.

We cannot give only 2 rules to become millionare not in btc but anywhere. you have to take lot of steps and you have to use your time much effectively then only you can earn in millions. But best things what one can do here in btc is trading which requires good knowledge of btc world, do some freelance project which will give the regular income and you can enhance your skill.

mattermaster

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Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

You are right. Bitcoin is the only way to make and gain the wealth. Even a starter like me can grow their wealth. It was really an incredible moment when i got some good profits from bitcoin trading, then why can not others

Hazir

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We can read in this article that "there's a 50/50 chance that 100 BTC will be worth $1 mln USD within 35 years".
Ok, great perspective, fifty-fifty chance that someone will be even more rich when he/she already rich, wow!
I don't have 100 BTC I am not even remotely close, I joined the race too late to be able to purchase BTC at really low price.
Plus, after 35 years I will be probably dead anyway so what is the point?

jamieb81

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Quote from: bravehearth0319 on March 25, 2017, 11:57:20 AM

Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.

Any industry it is same because until we give our best shot at something we will not earn more. earning in btc also not so easy we must be skilled about btc, we need to learn more about trading. if we have enough resource of income and this am telling to the person who is very good at btc, mining is one of the way where they can make more money. but it is risky. if we want to play safe then sorry becoming millionaire is not possible.

qiwoman

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Quote from: bravehearth0319 on March 25, 2017, 11:57:20 AM

Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.

To earn in btc is not so easy as we think, it requires lot of hardwork. first we need to understand how it works, we must have the patience because of the price fluctuation which disturb sometime. need to spend more time on btc to learn about it more and to do the business. without trading we cannot earn more. one thing btc is doing to us is it is not making us millionaire but giving us extra income which is making us fulfill our daily needs.

Ron~Popeil

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Quote from: VforVictory on March 25, 2017, 01:06:27 PM

I don't think this kind of strategy won't work anymore due to its price and popularity right now. Unlike before where the price is very low because it isn't known by people and and a few want to use them. It's better to wait to some things that is newly launch like altcoins, maybe, that will last years.

We complain when the price is low, we all know that popular materials gold itself goes down by its price sometime. it happens in everything. so what we have to do is we must have patience so that the price goes high again and we can reap the benefit from it. reason why bitcoin is best part of investment is simple : we get profit from it by holding the coin, if you are smarter enough by trading you can earn well.

Nahl

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Quote from: bravehearth0319 on March 25, 2017, 11:57:20 AM

Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.

did you read this articles or not because you really don't understand what article means and inside it already mentioned that buying bitcoin and keep them wisely untill the particular times will makes you became an millionaire and i think that make sense because the price will high year by year so directly the profit will so huge and i think this is also good options and currently i'm consider to try it

VforVictory

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V for Victory or Rather JustV8

I don't think this kind of strategy won't work anymore due to its price and popularity right now. Unlike before where the price is very low because it isn't known by people and and a few want to use them. It's better to wait to some things that is newly launch like altcoins, maybe, that will last years.

bravehearth0319

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Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.

SaShiRaJaVu

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These kind of articles are great to attract new people into bitcoin and other crypto currencies but these sort of stories are good as the people who started mining and using bitcoin during the initial phase are really millionaires by now and that is how everyone hope so because i do think people do book their profits long back and you really cannot evaluate the price according to the current valuation as i know people who sold coins when it was less than a $100 thinking it is the highest it can get.

gabmen

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Quote from: OmegaStarScream on January 01, 2017, 02:31:54 AM

When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

The guy' s a bit lucky i think, if it were true. 26.60 is pretty much a forgettable amount for investment and who would've known bitcoin's price would surge this high right? I don't think he even thought about what he bought and just left it until the price of btc became really significant. Perhaps one of the current alt coins right now are also destined to be priced like btc in the future, we'll never know

Mastsetad

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I thought there is something new and interesting to read, but it is all old things which we already know.
Who does not know that someone should and hold the coins in order to get profits out of it? And there is no one in the world who does not try making their money safe, it is a natural thing that a person or even an animal always hides what they like somewhere where no one can find them.

jondeen707

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Not much could be taken away from articles like that. Total bs.

Elismon

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Yes, I always believe in the crypto currency. it will bring many earnings for us if we try to seek which crypto currency has bright future and hold it for long term . I also look at some small crypto currencies with very cheap price and total coins under 100mil coins beside that this coin does not creat many coins leading to big inflations . That is my simple idea .

Topic: Want to Be a Millionaire? Two Main Rules of Bitcoin Investing - page 5. (Read 3357 times)