What is your plan to get rich with Bitcoin? - page 12.

greBit

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Quote from: Skarner21 on October 04, 2016, 06:08:39 AM

Quote from: mark coins on October 04, 2016, 05:57:00 AM

Quote from: Roboabhishek on October 04, 2016, 05:40:31 AM

I think you should start farming bitcoins with ASIC chips
But for that you need serious $$$ in starting to buy equipment and it will give you long team reward.
Good luck and happy mining.

Mining is not profitable for each and everyone as it requires good capital to invest in buying equipments and if electricity cost is higher in your country then it will be an costly affair.

Depends in the country and what coins you are mining.. If you electricity cost is below 10 cents you can mine ethereum and according to other comment in altcoin section ethereum is still profitable to mine but depends in you gpu and electricity cost..

Yes mining can be profitable if you have cheap electricity, and if not then you should drop that idea and should choose some alternate options where you don't have to invest big capital and could manage to get good returns.

Skarner21

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Massive price drop coming...

Quote from: mark coins on October 04, 2016, 05:57:00 AM

Quote from: Roboabhishek on October 04, 2016, 05:40:31 AM

I think you should start farming bitcoins with ASIC chips
But for that you need serious $$$ in starting to buy equipment and it will give you long team reward.
Good luck and happy mining.

Mining is not profitable for each and everyone as it requires good capital to invest in buying equipments and if electricity cost is higher in your country then it will be an costly affair.

Depends in the country and what coins you are mining.. If you electricity cost is below 10 cents you can mine ethereum and according to other comment in altcoin section ethereum is still profitable to mine but depends in you gpu and electricity cost..

mark coins

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Quote from: Roboabhishek on October 04, 2016, 05:40:31 AM

I think you should start farming bitcoins with ASIC chips
But for that you need serious $$$ in starting to buy equipment and it will give you long team reward.
Good luck and happy mining.

Mining is not profitable for each and everyone as it requires good capital to invest in buying equipments and if electricity cost is higher in your country then it will be an costly affair.

Roboabhishek

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I think you should start farming bitcoins with ASIC chips
But for that you need serious $$$ in starting to buy equipment and it will give you long team reward.
Good luck and happy mining.

Friladon

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Quote from: NorrisK on January 09, 2016, 04:46:29 AM

My plan is to just keep increasing my bitcoin holdings slowly over time by buying some fractions every month and earning it through sig campaign.

Besides that, I will try to sell on obvious peaks like the next ATH, but I will never go all in with my holdings to not risk missing out on a real run.

Final thing is some stable altcoins like LTC and NMC and even doge, I think they can increase quite a bit more in value this year or the next.

If everybody is going to tell you their plan to get rich i dont think that would be very good for them because they also want to use their strategy because your strategy makes your trades.

JumperX

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Quote from: ajun96 on October 04, 2016, 05:04:49 AM

Quote from: Mastsetad on October 04, 2016, 03:57:42 AM

Quote from: airezx20 on October 03, 2016, 11:55:33 PM

Getting rich with bitcoin requires that you are already pretty rich and can invest some big amounts to buy bitcoins and to hold them for long time and wait for price increase.But for me its not possible to own much bitcoins right now,so dont think about getting rich with bitcoins so i havent made any plans for that.

I think the same, if someone already has something to invest then they have better chances of getting rich with bitcoin because in that case they wont have to do any hard works at start like us for just accumulating a capital but they can just buy bitcoins and start trading or holding immediately.

yeah maybe a chance to become rich could be increased because investment is the best method to increase your income because you do not need to add the workload to earn additional income, so I suggested the best possible use of investment and working consistently I believe you would be rich

Yes and if we want to become rich with bitcoin then we should try to collect as much bitcoins as possible either by buying or by earning it, if price reaches on the top in future then more coins will give you more money.

ajun96

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Quote from: Mastsetad on October 04, 2016, 03:57:42 AM

Quote from: airezx20 on October 03, 2016, 11:55:33 PM

Getting rich with bitcoin requires that you are already pretty rich and can invest some big amounts to buy bitcoins and to hold them for long time and wait for price increase.But for me its not possible to own much bitcoins right now,so dont think about getting rich with bitcoins so i havent made any plans for that.

I think the same, if someone already has something to invest then they have better chances of getting rich with bitcoin because in that case they wont have to do any hard works at start like us for just accumulating a capital but they can just buy bitcoins and start trading or holding immediately.

yeah maybe a chance to become rich could be increased because investment is the best method to increase your income because you do not need to add the workload to earn additional income, so I suggested the best possible use of investment and working consistently I believe you would be rich

madwica

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Quote from: bitcoinhopper on October 04, 2016, 03:51:50 AM

My plan to get rich with bitcoin is to save up alot of bitcoin and invest alot of fiat in bitcoin. Everyone believes bitcoin prices will raise alot, I am also waiting for that moment.
When it happens I might sell my coin and go back to fiat.

It is hard to get rich if your only source is bitcoin but it will helps to get you rich if you have bitcoin exchange in your area because business is the thing that people make people stable in their life or to be rich in the future.

Betwrong

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Quote from: bitcoinhopper on October 04, 2016, 03:51:50 AM

My plan to get rich with bitcoin is to save up alot of bitcoin and invest alot of fiat in bitcoin. Everyone believes bitcoin prices will raise alot, I am also waiting for that moment.
When it happens I might sell my coin and go back to fiat.

The problem is nobody knows when is the right time to sell. People who biught BTC for $5 per coin sold them at $50 per coin and were happy with that, but I don't think they are happy now seeing the today's price of Bitcoin.

I think it's better to sell only as much coins as you need to have a certain amount of fait, and keep all the rest in BTC.

Corenin

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Quote from: Mastsetad on October 04, 2016, 03:57:42 AM

Quote from: airezx20 on October 03, 2016, 11:55:33 PM

Getting rich with bitcoin requires that you are already pretty rich and can invest some big amounts to buy bitcoins and to hold them for long time and wait for price increase.But for me its not possible to own much bitcoins right now,so dont think about getting rich with bitcoins so i havent made any plans for that.

I think the same, if someone already has something to invest then they have better chances of getting rich with bitcoin because in that case they wont have to do any hard works at start like us for just accumulating a capital but they can just buy bitcoins and start trading or holding immediately.

Yeah money attracts money, if you are starting from zero and planning to get rich in bitcoins then it may take long time and there is no guarantee that you will become rich with it.

Mastsetad

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Quote from: airezx20 on October 03, 2016, 11:55:33 PM

Getting rich with bitcoin requires that you are already pretty rich and can invest some big amounts to buy bitcoins and to hold them for long time and wait for price increase.But for me its not possible to own much bitcoins right now,so dont think about getting rich with bitcoins so i havent made any plans for that.

I think the same, if someone already has something to invest then they have better chances of getting rich with bitcoin because in that case they wont have to do any hard works at start like us for just accumulating a capital but they can just buy bitcoins and start trading or holding immediately.

bitcoinhopper

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Bravity is beautiful.

My plan to get rich with bitcoin is to save up alot of bitcoin and invest alot of fiat in bitcoin. Everyone believes bitcoin prices will raise alot, I am also waiting for that moment.
When it happens I might sell my coin and go back to fiat.

wikenpp

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I am not planning to get rich with Bitcoin because I do not even know if it is possible to become rich with Bitcoin when you started without much money. I am making use of Bitcoin just so that I can make some extra money next to my job. If I can become rich with Bitcoin then I will make it happen but only if I know that it is 100% possible from my stand point.

Rashid555

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i want to earn bitcoins online from different tasks and I will earn from my blog from the ad banners from there etc and when I will have a large number of bitcoins then I will start a business with that.

co5hike

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Quote from: cokkapaga on October 04, 2016, 01:02:40 AM

If I have of money, I want to buy bitcoin
and hold them for the longterm and I sell it when prices increased.

That is a good strategy but we don't know when price will go higher and we may need to wait for a long time to make profits from it so its better to keep on trading with them and increase the level of coins.

diegz

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Quote from: airezx20 on October 03, 2016, 11:55:33 PM

Getting rich with bitcoin requires that you are already pretty rich and can invest some big amounts to buy bitcoins and to hold them for long time and wait for price increase.But for me its not possible to own much bitcoins right now,so dont think about getting rich with bitcoins so i havent made any plans for that.

That's almost you are saying that when we are just earning bitcoin we are nearing hopeless to become rich of it. I think that's not the right way, you would look like a person who just accept who he is now and no dreams for the future. There should always be a plan, for sure in your life you are also dreaming of a good life, and I think you just have to realize those.

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Quote from: delliaerd on October 04, 2016, 12:58:58 AM

Quote from: ?? on ??

My first will accumulate bitcoin as much possible from a variety of ways such as faucets, trade and a signature campaign. Then I would invest for my future needs thats the only way i can imagine getting rich. Roll Eyes

Yeah dude i can catch your point, but there are some different kind of investing bitcoin, such as cloud mining, trading and other else. But the cloud mining usually can not give you a profit because there so many cloud mining site is ponzi.
For trading also have a risk, the risk is you potentially lost your money because the price of currency is not goes up like you expect.

both of you have the better option to earn money and became rich here i want tell you my dream is became rich with trading . since trading is always a risky way to earn bitcoin .but my stretgy os different , i have purchased altcoin which are under very loss so that i will not get any loss further after price fluctuations .

cokkapaga

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If I have of money, I want to buy bitcoin
and hold them for the longterm and I sell it when prices increased.

delliaerd

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Quote from: ?? on ??

My first will accumulate bitcoin as much possible from a variety of ways such as faucets, trade and a signature campaign. Then I would invest for my future needs thats the only way i can imagine getting rich. Roll Eyes

Yeah dude i can catch your point, but there are some different kind of investing bitcoin, such as cloud mining, trading and other else. But the cloud mining usually can not give you a profit because there so many cloud mining site is ponzi.
For trading also have a risk, the risk is you potentially lost your money because the price of currency is not goes up like you expect.

Xenophoto

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Quote from: klopcoin on October 04, 2016, 12:00:37 AM

Building a blog is good enough but it will need a good traffic to get ppc adsense account. But I never know that some publishers were recieved payment with bitcoin. I think holding bitcoin in a long terms is the effective way to get rich with bitcoin becouse I read some post in this forum that explain about bitcoin price rise. But how long until it is happen?? . For me join the signature campaigne is the fastest way to get rich with bitcoin now. Probably there is another way that better than just joining signature campaigne, but I do not know.

Building a blog is definitely a hard thing to do at first. But when you reach a 5K steady audience, it will start to grow even if you don't promote it that much.

Signature campaign isn't the quickest way to get rich in Bitcoin. The quickest way is gambling but it's also riskiest. Well, plenty of rich people out there got rich because of winning a bet in gambling but that doesn't mean that it'll happen to you too. Signature campaign is the one of the fastest and safest way of earning Bitcoins.

You can earn a lot of money in new altcoins too but it's still a gamble because most altcoins stop updating when they reach a certain amount of money. They just become a scam coin.

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