What is your plan to get rich with Bitcoin? - page 107.

Twistedx2

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Quote from: hermanhs09 on July 03, 2016, 04:39:47 PM

Quote from: crazyivan on January 09, 2016, 04:18:31 AM

Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. Grin

Just have to remember that by the time bitcoin reaches $5k (if ever) then the daily living cost will also probably be higher. Prices go up all the time, over time. so bread costs $1 today, and $10 usd in 10 years time. If bitcoin reaches $5k in 10years, then the new target for cashing out should be adjusted as well

I agree that inflation of the USD might affect the value of goods that you can buy with a single dollar, but, if bitcoin reaches 5,000USD, I think that is because the utility of bitcoin has increased to the point where you are better off buying the bread with bitcoin instead of using a weaker fiat currency. That is, I think in the future, it won't be useful to compare the value of bitcoin to fiat, but that is will have it's own intrinsic value that allows you to buy everything you would and could buy with fiat currencies.

phreaky

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Quote from: gilangIDR on July 02, 2016, 11:53:49 PM

I will invest bitcoin I have. I would trade in the world bitcoin. and investing in gold in the real world. it will generate. I believe.

I also would invest into the bitcoin because that is just my plan to do honestly due to the fact it can make you rich for sure.
The bitcoin has a great future a head and the halving will also make people rich without any doubts.

meriat

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i want to start a business where i will accept bitocin

hermanhs09

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Quote from: crazyivan on January 09, 2016, 04:18:31 AM

Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. Grin

Just have to remember that by the time bitcoin reaches $5k (if ever) then the daily living cost will also probably be higher. Prices go up all the time, over time. so bread costs $1 today, and $10 usd in 10 years time. If bitcoin reaches $5k in 10years, then the new target for cashing out should be adjusted as well

Crazygreek

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Quote from: romero121 on July 03, 2016, 11:48:42 AM

Quote from: gilangIDR on July 02, 2016, 11:53:49 PM

I will invest bitcoin I have. I would trade in the world bitcoin. and investing in gold in the real world. it will generate. I believe.

Investment is good hope, but truly it has high risk if its a long term plan. Better is to find trusted users and lend getting right documents.

At my opinion the best investmet strategy is cloud mining but it should be trusted as you said, but i still don't know good one clound mining company.

diodio5

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Quote from: Bitcoinsummoner on July 01, 2016, 12:56:15 PM

My plan to get rich in the future.. is to way to learn more in trading and multiply my bitcoin use it for other activity like blogging because it can help to if you have own blog and share your skils there tutorials any thing that you can post that can attract people to click in your sites when their see your sites..

I think if you want to become rich in the future. you have to have a lot of business yeah like blogs, trade, and business methods or other woods. you may also need a passive income from passive investments you also have to look for investment.
to become rich need perseverance and patience

fkvidar

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Quote from: romero121 on July 03, 2016, 11:48:42 AM

Quote from: gilangIDR on July 02, 2016, 11:53:49 PM

I will invest bitcoin I have. I would trade in the world bitcoin. and investing in gold in the real world. it will generate. I believe.

Investment is good hope, but truly it has high risk if its a long term plan. Better is to find trusted users and lend getting right documents.

Physical investments is much safer in compare to online investments, as chances of getting scammed is very rare in real investments, but investing in bitcoin site is not affordable.

romero121

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Quote from: gilangIDR on July 02, 2016, 11:53:49 PM

I will invest bitcoin I have. I would trade in the world bitcoin. and investing in gold in the real world. it will generate. I believe.

Investment is good hope, but truly it has high risk if its a long term plan. Better is to find trusted users and lend getting right documents.

ning_chang

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Quote from: crazyivan on January 09, 2016, 04:18:31 AM

Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. Grin

For me i have many plan to get and rich with bitcoin my first plan is I've planned to earn more as additional than getting it as a source for becoming rich. I truly believe to make investment with bitcoin and become rich through day job earning. And the second is i will gather all my earning bitcoin from faucet or somewhere that I've received a bitcoin. And third is I've should to invest my bitcoin to the investments site. But not all the site because most of them is scammer. That's my plan to get rich with bitcoin. , 😇

gilangIDR

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I will invest bitcoin I have. I would trade in the world bitcoin. and investing in gold in the real world. it will generate. I believe.

novemberwoah

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Quote from: Bestwishes745 on July 02, 2016, 09:50:27 PM

Quote from: Bitcoinsummoner on July 01, 2016, 12:56:15 PM

My plan to get rich in the future.. is to way to learn more in trading and multiply my bitcoin use it for other activity like blogging because it can help to if you have own blog and share your skils there tutorials any thing that you can post that can attract people to click in your sites when their see your sites..

yeah, blogging is much efficient in making some good amount of bitcoins for free, I am also working on my blog and websites and from there I am getting good profit with each visit to my site.

Yes blogging can indeed produce very nice but it should have a lot of visitors and how to blog frequently visited it was very difficult. Possible to become rich with an easier way could be through a signature campaign, trade, sell services. But be patient as it takes time.

crossabdd

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Quote from: Bestwishes745 on July 02, 2016, 09:50:27 PM

Quote from: Bitcoinsummoner on July 01, 2016, 12:56:15 PM

My plan to get rich in the future.. is to way to learn more in trading and multiply my bitcoin use it for other activity like blogging because it can help to if you have own blog and share your skils there tutorials any thing that you can post that can attract people to click in your sites when their see your sites..

yeah, blogging is much efficient in making some good amount of bitcoins for free, I am also working on my blog and websites and from there I am getting good profit with each visit to my site.

im not good in blog writer, or blog building, im use A-ads but only can earn arround 100.000 satoshi in 1week. i think it's very small amount, better o focus at signature campaign.

FoendyZ

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my plan get rich with bitcoin, my plan mining real mining trading,
and next maybe and posibility my dream is develop marketplace exchanger

Bestwishes745

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Quote from: Bitcoinsummoner on July 01, 2016, 12:56:15 PM

My plan to get rich in the future.. is to way to learn more in trading and multiply my bitcoin use it for other activity like blogging because it can help to if you have own blog and share your skils there tutorials any thing that you can post that can attract people to click in your sites when their see your sites..

yeah, blogging is much efficient in making some good amount of bitcoins for free, I am also working on my blog and websites and from there I am getting good profit with each visit to my site.

uname

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Quote from: VERUMinNUMERIS on July 02, 2016, 03:29:51 PM

Buy and hold on for dear life.

I thought to be rich. of course there are various methods you have to do and you have to work hard.
I've never heard that one becomes rich with suppressed bitcoin?

coin_gambler

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Quote from: VERUMinNUMERIS on July 02, 2016, 03:29:51 PM

Buy and hold on for dear life.

yeah, i think thats the best idea what you should do with your bitcoins at the moment if you want to earn as much profit as possible in the future, the price will increase and you will benefit

i think my plan is to hold bitcoins for as long as possible, in my opinion it will have a lot of potential to grow in the near future thus allowing me to gain a lot of money really easy

rekinthis

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Quote from: crazyivan on January 09, 2016, 04:18:31 AM

Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. Grin

well my plan is very simple and i am sure that i will complete it soon, as i have been preparing for this plan since start of 2015 and everything went well so far

so i collected bitcoins all this time and i bought more of them when they were cheap, and now halving in week will make price to rise so i will sell my bitcoins and will get profit

VERUMinNUMERIS

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Buy and hold on for dear life.

CryptoBjorn

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I've got no plan to get rich with bitcoin. It's just a way to profit from a currency you hold and all extra income I consider as a nice extra.
Rather i hope the bitcoin project succeeds so we can have our financial freedom back, and don't have to pay large fees to the banks, we have been screwing us for years.

justdimin

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Quote from: ning_chang on July 01, 2016, 08:01:28 AM

Quote from: crazyivan on January 09, 2016, 04:18:31 AM

Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. Grin

I have a plan to get rich with bitcoin. My plan is. I will gather all my earning bitcoin. And the if my bitcoin is bigger. I should to invest to the other investments website. And the rest i play a gambling game. Because gambling is the simple way to get and earn bitcoin faster. 😂 but not all the time is win if I'm playing a gambling. And then. If I'll have a big amount of bitcoin. I should sell to all of them. And withdraw through as a real money. That's all thank you. 😂

Investment websites? No.

Gambling is simple way to get and earn bitcoin faster? Plausible, highly not recommended.

Bitcoin itself is already an investment. I wouldn't bother holding it in and waiting it out to grow in value. Investing it in 'investment websites' namely cloudmining sites which are mostly ponzi scams is just going to be a bust. Gambling is also a goner for me since I'm bad at gambling and it's a golden rule that the house always wins.

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