Topic: What is your plan to get rich with Bitcoin? - page 128. (Read 265849 times)

Hahahahahaha.....        Are you trolling?    

My tone is quite different from that person's (i'm not feeling desperate and loss, and that's not really my style so far in life, anyhow), and my strategy has been somewhat different, even though we have seem to have very similar starting points.

Yes, I did start buying at $1,200, and my first purchase was about 1.24 BTC at $1,200 (which was $1,500) to get some skin in the game.   Thereafter I continued to buy on a regular basis between then and now, as I already stated and started to trade in October 2015, as I also stated.

My average price per BTC in January 2015 was about $550, even though the price was then about $300 and dropped a bit below $200 through the year.

My average price per BTC in October 2015 was about $502, and initially when I began trading my average price per BTC went up (I cannot recall exactly but maybe to around $513 per BTC), because as you may realize I was then beginning to sell below my average costs, but when I bought and sold several times (even during the beginning of that bull market) little by little I have not only been able to bring down my average cost per BTC (currently about $467), I was also able to stack up a pretty decent amount of fiat on the side in order to prepare for downside price fluctuations (which seems to be quite common in bitcoinlandia).  Currently, my stack of BTC and fiat is floating at about 92% BTC and 8% fiat in my BTC trading portfolio (which is the totality of all my BTC accounts and fiat that is already dedicated towards BTC).


What's your story, beastmodeBiscuitGravy, do you have any bitcoins or are you here merely to point out possible contradictions within the personal renditions of other posters?

Buy a lot when the price pulls back and hold them till you think the returns are enough to consider yourself rich. While you are buying, try also trading but only trade that which you can afford to lose. Have a long term plan on holding and trading, as riches don't come to you overnight.

Gambli'g 

Is this you JayJuanGee?

There is going to be some variance among traders in terms of what percentage of their portfolio they are willing to trade or willing to liquidate (maybe even with plans to buy back in at a lower price). 

Cybertron00, you indicated about a 1% rate, which really seems quite low and maybe even a bit too petty to even be bothered with such.

Actually I bought BTC between November 2013 and October 2015 without really doing any trading during that time, even though I did make some attempts at buying more at lower prices (which could be considered a kind of trading).  In October 2015, I began to trade very small portions of my BTC (less than 1% was at risk while the price was still at relatively low levels). 

After I traded a while, my trading amount floated between about 2% and 8%.  I think that currently I am at about 8%, and I have already set out a chart for myself that I can adapt, but if I consider the near term future price performance to be fairly bearish then I will trade (or sell) a higher level and if I consider the future near term price performance to be fairly bullish, then I will attempt to trade at the smaller end of whatever range I happen to be in at the moment, but generally tends to be quite a bit larger than 1% unless I were to be considerably bullishish at the moment or for other reasons feeling a need to conserve my BTCs.

Surely, if you consider a rang

What is the sense of holding until halving if you only hold less than BTC10-BTC20.

Please take note that to become rich your net worth must be at least millions of value in fiat. And not just million but millions (with s).

Also you guys are so optimistic to the point that your desire dreams is really not achievable if you are only relying to become rich with your halving dreams.

Lol its seem not as easy as you say dude. you know from $200 to $1000 price to wait a very long time? even when the last dump at the price of $ 200 a few years ago until now 3 years the price has not gone up more than $ 600 so holding sometimes does not correspond to your estimation

yeah sell bitcoin when halving occurs is also a plan dude? You just need to improve the plan so that you have an idea of how much to buy bitcoin and so on. This is the plan as simple like determining when to sell bitcoin or sell bitcoin at what price? yeah it was pretty simple

I agree with you sir, that is possible to be rich in bitcoin, the thing we must to do just learn how to make it, there are many way to get rich with bitcoin like trading or etc. If we smart and know how to get profit, I think we can get rich with BITCOIN.

Recommended mining with hardware tool like ant miner but not recommended to make a deal with mining sites, Because the mining site has a some trouble for now. They adopt HYIP become their system.

Indeed if you would do it again you should bet in more if you ask me, to make more profit at the end of the journey.
It will be the best plan if you ask me about it.

You take too litle risk dude that's will be hard to reach another 100 BTC, the profit from trading it is not gonna be big enough to make a big play, If I'm be you I'll use at least 10% of 100 BTC for trade to get bigger profit.

yes that's true, bitcoin is a currency, we earn it and we spend it just like fiat. That's why most of us here have plans to be rich on it or on earning more of it. Moreover, in getting rich, it's not only all about ambition and plans, it is also about taking actions to make that ambition happen.  Plan without action is nonsense.

Wow that's really huge amount of BTC dude, but I think it's will be possible for you to reach that amount with you're experience.
I hope I can fast learning on trading to be like you in the future

I'm not planning to get rich with Bitcoin. I'm playing around with gambling with bitcoins because it's easy and fun. If I wanted to get rich then I would have started mining a while ago and I would have invested a lot of money into Bitcoins.

Bitcoin is a currency, if you do not have plan to be rich on bitcoin, then you do not have plan to be rich at all. Whether fiat or bitcoin, if you want to be rich, you can make plans on becoming one. There is nothing wrong in making plans to be rich, it is a good thing. The bad thing is if you do not have any ambition at all.

Nice idea, but I don't have enough knowledge about mining so I will be not able to start mining, so I will start a website which will be my minute business and there I will earn some bits from ad networks.

I am also doing the same, I am also trying me best to earn some money from different places and from a gambling site also, I want to get a specific number of bitcoin and with that then I will continue mining or will start a better business online or offline.

Assuming bitcoins are indeed profitable, I'll hoard some by mining and probably invest it in somewhere trustworthy.

But while I don't have the mining tools I'm just earning by gambling lol.

So you think those person become rich because of that? What is your range of net worth to be considered as rich?

And just a little information to you, hashocean is only doing a virtual mining based on the stats if the current mining difficulty and rigs performance. No such actual mining rigs and farm. They are still operating because many users are still investing in this site. Who the hell will share it's profit to many users for a fact that you can solo the profits.