Topic: What is your plan to get rich with Bitcoin? - page 126. (Read 265836 times)

But if you ask me I would say that making a plan and thinking about future is must, everyone should have a plan for his future, not a plan to get rich and billionaire but at lease we should safe some money for future if by chance we lose our job, then what will we do? we should think about everything.

I also looking for bitcoin in my spare time after i doing my obligation activities as office worker, and that little income from signatures campaign i got enough to complete some bill. But there's my friend who make bitcoin as living and getting rich with that slowly.

I also do not plan on getting rich with Bitcoin, it will be great if I could become rich but I am happy with the way it is right now. Working a normal day job and doing Bitcoin on the side.

No need to use a credit card to monetize bitcoin, we simply atm. Bitcoin really could give us an advantage. Yes very true, very good focus to collect and can be made rich. I'm sure a long time will be even greater income, there are many methods that we can use here.

Just hold and lean back

I don't really have a plan to getting rich, I wasn't thinking about getting a lot of BTCitcoins and trading with them. I mainly got to Bitcoin because I don't have a credit card yet. So I'm using Bitcoin for online shopping. Maybe I'll make some plan or something, but now I'm focused on having a steady profit every day.

Yes essence continues to collect bitcoin with hard work will surely be able to collect a lot of bitcoin and become rich. There are many methods that can give us a lot of bitcoin. Whatever method it if we are not lazy, we shall be able to collect.

I actually happen to still hold several coins that I bought in very early 2013 at $20-$25 stored in my cold wallets. You just need to have a strong mind and to not get tempted to sell if the price goes up. If you can do that, then you can basically keep holding for many more years.

That means a lot of resources for making a lot of job. There are a lot out there but some needed a specific skill. Maybe some easy jobs that can be done by basic knowledge and some jobs that have your special skills.

Im not just planning to get rich. Im planning on how can i earn steadyly even im working with my job.  Cause i cant steadily earn bitcoins per day. If i earn steadily I will quit my job and focus on bitcoin

my plan from today is i will just hold bitcoin, every bitcoin that i will accumlate i will send it to my bitcoin wallet, and just wait for the day that i will sell it in the right price. its hard to gamble nowaday i always bust, so i'll stop from now and just keep my bitcoin and never touch it

Well that's will really make you rich if you are holding a lot of bitcoin and you are just waiting for the halving and the price increase.
The more you are holding the higher chance of getting rich once the price fluctuates to a favorable price.

My only plan is holding all my bitcoins until the halving, because i predict the price of bitcoin will increase so high and when the times come, i will sell al my  bitcoins.

Not just plan you need in able to get rich, you need also to work hard for it. Not just you need savings on it. You must be wise on all the financial things that you are entering.
Especially when you are spending your money. Don't spend money for the things you want but you need.

You are being a bit patronizing in your response.  You asked for feedback, and I gave some feedback based on my personal experiences and I did not suggest trading with a demo account - although for some people, a demo account may be a good idea to get some practice and to get acquainted.  I personally would not recommend a demo account because I believe that it is better to have some personal stake in the game, even if your initial trading amounts start out small.  Furthermore, there are plenty of venues in which you can trade as low as $5 per trade, which may be good for starters, but soon will grow to higher amounts, and even with $5 at a shot, the trades could add up to such a degree that prices move far and quickly and then justify close to a $100 trade, even though the incremental amounts were only $5 each.

My point is that if you are not sure about what you are doing in respect to trading then experience can be one of the best teachers and even help to make book learning become more concrete after you have practiced on your own for a while (and maybe even lost some money hahahahaha), then you start small, and of course the amount is going to be somewhat in line with your risk profile and personal financial circumstances.

A frequent mistake is that people get greedy and play with too much while they are learning, and then they fail to learn because they are trading based on emotions and guessing rather than creating profitable long-term strategies... and that becomes a form of gambling rather than measured and long term profitable trading.

Even though I prefer BTC prices to go up, my personal BTC trading strategy does not really vary too much based on whether I believe prices are going up or going down..

I just  stack up my planned trades for either price direction and then adjust those trades accordingly based on the price movements and for how long or how quickly prices travel in one direction or another. 

Over time, my BTC holdings have grown, my average cost per BTC has come down and my BTC portfolio becomes more and more resilient and able to endure (and profit from extensive downward BTC price movements, if and when they take place).  But my portfolio continues to be stacked towards betting on upwards price movement and accumulating more BTC, even while selling and even while prices are likely to be continuing to be going up.

Many would say that you sold too early, but no one knew that the price would rise further to $570++ in a matter of weeks. As long as you have gained profits, that is still good. My patience would be tested with bitcoin when the price starts to go up even higher. I am not sure if I can hold for two years at least, without selling anything.

I think you need a plan as a plan to get rich in real job? you need saving, managing storage and more. such as the plan to become wealthy in general ? the plan is important because it will determine the course for you. so immediately create a plan to get rich

you should be able to make a plan as detailed as possible? if you have plans to sell bitcoin in the future.
you should be able to write the target price you want to go. so you have goals in hold your bitcoin. it is a mature plan dude

I think you're wrong many of my friends who buy mining equipment antminer s7 with a large quantities. and they can produce a net gain of more than $ 50 per day. it has been reduced to pay for electricity and others. so actually you can become rich by any means if you have a good plan mate

Awesome if you buy bitcoin in 2013 and has not been sold until now? usually people can not hold bitcoin too long? they will sell when the pump in the day. only a few people who can be patient for many years. I'm not the type of person that patient. so I was very disappointed when my 5 bitcoin sell at a price of $497 some day ago