Topic: What is your plan to get rich with Bitcoin? - page 131. (Read 265873 times)

HODL for a long time until the price is high, then either sell for big profits or use bitcoin only to live as it is accepted everywhere.

To be a rich man I have plan to buy bitcoin and save until it value rising up. When each BTCitcoin rise to 1000 USD sell those and again when the price decrease per BTCitcoin under 200 USD buy more and save. 

Right now I am holding somewhere around BTC5 to BTC15 (I don't want to reveal the real number, for security reasons), and Ł50 to Ł150 in LTC. Here is my plan.

1. Will sell 50% of my holdings when BTC cross $10,000 and LTC cross $500
2. Will sell 50% of the remainder when BTC cross $25,000 and LTC cross $1,000
3. Will sell 50% of what is left, when BTC cross $100,000 and LTC cross $4,000

I don't mind if I have to wait for 10 or 20 years, to achieve these targets.

Im planning to do more investment and Focus on my signature campaign to earn 1 btc. Im playing safe with my bitcoin, I dont play gambling cause many people get poor with gambling. Im waiting for the price to hit 5k$ too.Hope that happens in 5-10 years from now

dream or plan to become rich it must be, because if we do not have a dream or plan for become rich, we do not have the spirit to do it. all should be based on a dream, and it could become a reality if you work hard with earnest.

I do not think so without any plan we can not become reach even with the fiats or with bitcoin.
We must need some plan to get more money to become rich it can be either bitcoin or any fiats. Saving must be a very practical and proven plan to become rich.

Know the different ways in which you could earn bitcoins, even those faucets can help a little if done properly and with enough patience. I personally started with faucets and still doing some faucets on the side to go with my signature campaign. I also make it a point to buy a little when the price goes down. In the long run, all these activities would sum up to a more prosperous me.

Yes true it will make you benefit. But to be rich does not stop there.
We must continue to collect bitcoin from a variety of methods in order to get many bitcoin.

I believe we do not need any specific plan with the bitcoin other than the plan what we are having with fiats.
We can always believe if you get some extra income then we can become rich by saving them.

Save bitcoins, become rich.

By holding my bitcoins until the price of bitcoin increase so high and when the halving come i'm sure the price will increase so high and i can get rich when i sell all my bitcoins on that time.

Holding the bitcoins could be a potential way to get rich just if the Bitcoin's price get the highest level in short amount of time, otherwise you can earn some profit but i don't think that's will help you to get rich

a lot of opportunities are opening up and also will open up as the bitcoin price rises. partly because of the price rise i would have more capital to work with so i can invest in bigger things or start a better business. so i am still planning on that,

Using that bitcoin for investments, business and going into programs that'll make me money. Most of the earnings from those in Bitcoin then goes into holding; so when Bitcoin gets all pricey, I'll be having something to capitalize on that

i want to earn so many bitcoin and thenstart a business. where i will accept and exchange bitcoin.

collect bitcoin as much as possible and then I will make an effort with the bitcoin capital

Even if you do not have a plan to invest on bitcoin, I think you should consider one. It is a great opportunity, and since you are in early, you have a full advantage. Even if you just hold some of the coins that is left in your expenses. If those are accumulated, they will be a good investment and will have good profit someday.

yes to be rich with bitcoin takes quite a long time, two years at least. but it also if you have some good ways to make a profit from bitcoin, especially if you are good in trading, and have big capital. it can make you rich quickly in the future. and the price of bitcoin is also very decisive, could at least be above $1000 is better

I think we cannot still rich even you have enough bitcoins in your wallet the price connot decide to become rich it needs more bitcoins to be rich in future.. if you are just saving bitcoins day by day and never spend it until 2 years maybe you can get a good result with your bitcoins in 2 years.. i think this is enough to become rich if you are working hard in bitcoin..

I do not plan on getting rich with Bitcoin because it is not in my hands. The price is going to decide if I am going to be rich or not, If the price is high and I have enough Bitcoin to sell maybe I become rich but I think not.

I believe that you just made a false correlation.

Merely because people believe bitcoin can reach $5k or more does not mean that they invested more than what they believe is a probable pay off.  First there is the question of what probability one assigns to the $5k or higher outcome, and then their is the question of what portion of someone's quasi-liquid investable money are they putting into bitcoin such as 1%, 5%, 10%, 50% or some higher portion of their available investment money. 

You seem to be conflating the two questions and then assume that some people are assigning both unrealistic probabilities to such $5k + bitcoin, and accordingly, they are also investing disproportionate to their view of probabilities.

I think that you should give more credit to the thinking of people and their ability to reasonably chose their investment level based on such views and assignments of probability.

Sure there is imperfect information out there and sure people are sometimes going to have unrealistic expectations based on the imperfect information, but that does not mean that they are stupid in accounting for their own financial situations when the chose how much and how to invest into bitcoin.





While you assign illogic and craziness to other people, you assign rational thought and reasonableness to yourself and your actions.  Seems a bit strange.  Yeah, sure there are a lot of people who take a kind of gambling approach, but also there is a lot of variation, too... and some of the posters, here are likely trolls or paid shills, so they are not really being genuine regarding what they are actually doing in respects to investing in bitcoin.. and spreading misinformation  in order to distract from the value and upside potential of bitcoin.