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Topic: What is your plan to get rich with Bitcoin? - page 144. (Read 265849 times)

hero member
Activity: 1148
Merit: 504
I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.


Your opinion have the point, but don't remove the possibility of getting rich with bitcoin. But the people who doesn't have big capital for bitcoin will have trouble in getting rich with it.

It is hard to get rich in bitcoin without large capital but it is also the same in fiat. It is hard to get rich in fiat without a large initial capital but many are still getting rich, rags-to-riches. It is the same with bitcoin. It is still possible to get rich using bitcoin. The question is finding the right method to do it.
sr. member
Activity: 294
Merit: 250
I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.
is it you have not seen someone has been rich by bitcoin? so you not believe that you can rich by bitcoin, in fact you can become rich by any means dude it depends on the way you get that wealth. bitcoin has provided a variety of ways for me. if you know I've got more than $ 5,000 just from bitcoin
actually it's depends on how we recognize this "rich" words , for me $5,000 or even $900,000 are not yet deserve called as "rich" . i can call someone getting rich if they have/earn $ 1 million or higher . it's possible to us to make it happen but the chance are so low considering we are even still struggle to earn bitcoin through this forum.

Yes, it is true that there are varying standards on the richness of one person.

But for starters, wealth should not be measured in terms of fiat currency. Fiat currency experiences volatile inflation and deflation(mostly inflation), and is hardly a good store of value. If you hold bitcoin for a few years, I'm pretty sure that you'll get more in terms of fiat.
legendary
Activity: 1148
Merit: 1006
Black Panther
Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.
I think you need a job and a steady income to become rich. I do not think the work in the freelance will give a fixed income?
so look for a job that generates a large bitcoin and if necessary you can use a lot of work to increase income

5 dollars a day? That is like just for allowance of your kid. Get more than that. Minimum should be 15-20 dollars a day before you can call it a good day. Just my opinion.
but for a starter i will say that $5 will also be enough, as if he do not have any load of expenditures on him then he can collect that amount and after a few months he will have enough money to start a small business and after that he can expand his business as soon as he earn more better.

I'm usually invest bitcoin for trading purpose.
If I'm made some profit, I'm expand my real life job bussiness exposure .
 It was really help me alot so I can cover my parents expense
hero member
Activity: 658
Merit: 500
Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.
I think you need a job and a steady income to become rich. I do not think the work in the freelance will give a fixed income?
so look for a job that generates a large bitcoin and if necessary you can use a lot of work to increase income

5 dollars a day? That is like just for allowance of your kid. Get more than that. Minimum should be 15-20 dollars a day before you can call it a good day. Just my opinion.
but for a starter i will say that $5 will also be enough, as if he do not have any load of expenditures on him then he can collect that amount and after a few months he will have enough money to start a small business and after that he can expand his business as soon as he earn more better.
legendary
Activity: 1442
Merit: 1008
I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.
is it you have not seen someone has been rich by bitcoin? so you not believe that you can rich by bitcoin, in fact you can become rich by any means dude it depends on the way you get that wealth. bitcoin has provided a variety of ways for me. if you know I've got more than $ 5,000 just from bitcoin
actually it's depends on how we recognize this "rich" words , for me $5,000 or even $900,000 are not yet deserve called as "rich" . i can call someone getting rich if they have/earn $ 1 million or higher . it's possible to us to make it happen but the chance are so low considering we are even still struggle to earn bitcoin through this forum.
legendary
Activity: 1862
Merit: 1046
I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.
is it you have not seen someone has been rich by bitcoin? so you not believe that you can rich by bitcoin, in fact you can become rich by any means dude it depends on the way you get that wealth. bitcoin has provided a variety of ways for me. if you know I've got more than $ 5,000 just from bitcoin
Yes true I'm sure people like the owner of a signature campaign was among those rich in bitcoin because they can make it that way and I'm sure they have a lot of bitcoin to reward members. If we are diligent and willing to try a lot of ways to get bitcoin I'm sure will be rich and have a lot of bitcoin.
you do not need to try a lot of ways, you have to see way that could produce more, then you learn about it, so you do not waste time to try a lot of ways, the results are not necessarily a lot.
sr. member
Activity: 714
Merit: 250
I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.
is it you have not seen someone has been rich by bitcoin? so you not believe that you can rich by bitcoin, in fact you can become rich by any means dude it depends on the way you get that wealth. bitcoin has provided a variety of ways for me. if you know I've got more than $ 5,000 just from bitcoin
Yes true I'm sure people like the owner of a signature campaign was among those rich in bitcoin because they can make it that way and I'm sure they have a lot of bitcoin to reward members. If we are diligent and willing to try a lot of ways to get bitcoin I'm sure will be rich and have a lot of bitcoin.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
I'm planning to accumulate as many bitcoins as I can. And hold my bitcoins for 5 years. I believe within 5 years time, bitcoin price will increase up to 100 times.
are you kidding me? 5 years will not change the price of bitcoin 100-fold lol
you can see the price five years ago, namely in 2011 for the 5-year price increase but not 100 times dude

~snipped~



Awesome calculations and analyzations there mate.

Let's look at the brighter side. In 5 years those realistic can happen but at the same time chances of some unrealistic speculation can happen too but not as much to the point that we can called it as ridiculous. Please remember the price fluctuation in bitcoin is different so we can expect some nice margin of price move in 5 years.
hero member
Activity: 518
Merit: 500
I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.
is it you have not seen someone has been rich by bitcoin? so you not believe that you can rich by bitcoin, in fact you can become rich by any means dude it depends on the way you get that wealth. bitcoin has provided a variety of ways for me. if you know I've got more than $ 5,000 just from bitcoin
full member
Activity: 238
Merit: 100
I don't believe in getting rich with bitcoin. There just isn't enough stability in what is needed to achieve this feat unless you have a big amount of capital and a large amount of patience as well.
I am being realistic.
Can't believe this thread has reached 104 pages though.
legendary
Activity: 3892
Merit: 11105
Self-Custody is a right. Say no to"Non-custodial"
I'm planning to accumulate as many bitcoins as I can. And hold my bitcoins for 5 years. I believe within 5 years time, bitcoin price will increase up to 100 times.
are you kidding me? 5 years will not change the price of bitcoin 100-fold lol
you can see the price five years ago, namely in 2011 for the 5-year price increase but not 100 times dude

You could be correct that 100x is too much for 5 years, but such price speculation is not impossible.

You also seem to have gotten your facts a little bit incorrect regarding whether this has happened previously in bitcoin.

In much of 2009 and early 2010, bitcoin was virtually free, but starting in mid 2010, it was traded for around $.05

January 2011  - $.30

June 2011 -  $30

January 2012  - $5

January 2013  - $14

November 2013   - $1,200


Also, if you look at a more meaningful measure, market cap, it is possible to go 1,000x in 5 years, and that would put bitcoin at about the same market cap as Gold....   I'm not saying that it is likely, but it is within the realms of possibilities, and should be considered if you are buying into bitcoin and considering at what stages to sell, if at all.   Wink


Actually, if you look back at 2011, it depends from which part of the year you measure.  If you start from January 2011, then you have a 100x increase in 6 months, but then at today's price you have a 1500x increase, but if you start from the $30 price point, where BTC prices had already gone 100x in that same year (half year), then you only have 15x increase from $30 towards BTC's price today.

hero member
Activity: 504
Merit: 500
I'm planning to accumulate as many bitcoins as I can. And hold my bitcoins for 5 years. I believe within 5 years time, bitcoin price will increase up to 100 times.
are you kidding me? 5 years will not change the price of bitcoin 100-fold lol
you can see the price five years ago, namely in 2011 for the 5-year price increase but not 100 times dude
hero member
Activity: 1148
Merit: 504
Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.
I think you need a job and a steady income to become rich. I do not think the work in the freelance will give a fixed income?
so look for a job that generates a large bitcoin and if necessary you can use a lot of work to increase income

5 dollars a day? That is like just for allowance of your kid. Get more than that. Minimum should be 15-20 dollars a day before you can call it a good day. Just my opinion.

5$ is a good passive income. You cannot always get 5$ doing nothing. But if you want to live decently with just 5$ dollar income, it will be hard even on a third world country. You have to make it grow more or add some active income into it. In our country 20$ a day is already more than enough.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.
I think you need a job and a steady income to become rich. I do not think the work in the freelance will give a fixed income?
so look for a job that generates a large bitcoin and if necessary you can use a lot of work to increase income

5 dollars a day? That is like just for allowance of your kid. Get more than that. Minimum should be 15-20 dollars a day before you can call it a good day. Just my opinion.

Actually you are right if you are earning at least 20$ per day then it can be a good money to earn on regular basis and then over a  period of time you should try to multiply it.
legendary
Activity: 2940
Merit: 1083
Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.
I think you need a job and a steady income to become rich. I do not think the work in the freelance will give a fixed income?
so look for a job that generates a large bitcoin and if necessary you can use a lot of work to increase income

5 dollars a day? That is like just for allowance of your kid. Get more than that. Minimum should be 15-20 dollars a day before you can call it a good day. Just my opinion.
hero member
Activity: 602
Merit: 500
Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.
it's a good earning for sidejobs or freelance jobs, anyway how long you can reach $5 everyday..? are you online 2-3 hours each day ?


Well i just want a proper income like $30 worth of bitcoin per day; i know it isn't much really but living alone it really means a lot for me. It pays out a lot of my debts and i still end up with extra cash to spend for myself.
hero member
Activity: 1148
Merit: 504
I just plan to stock up on bitcoins every time the price gets low enough. I will probably stay with bitcoin for a long time as it shows great promise in the coming years.

That is right. Just continuously buy bitcoin. When the price starts to go really high, you will have enough profit to start your own business. The trick is to consistently buy bitcoins whenever the price dips. The more bitcoins you accumulate the better off you will be.
legendary
Activity: 1232
Merit: 1029
I save some bitcoin in the online wallet.
Very much common plan.
Why you are choosing online wallet when you have many options of standalone (desktop) wallets.

I'll wait around a few years. and then I sell them at very high prices. I hope my prediction was right and I became a wealthy man because bitcoin.
So, it can be short-term or long-term waiting based on the bitcoins prices. I guess you will wait till you become rich. This must be a good plan.
But I believe this type of common plan are more practical than any other imaginary ones.
We must hold whatever bitcoins we are able to earn. Because, we may expect any higher price at any time waiting. So, based upon the amount of bitcoins, the waiting time will differ person to person.
full member
Activity: 138
Merit: 100
I'm planning to accumulate as many bitcoins as I can. And hold my bitcoins for 5 years. I believe within 5 years time, bitcoin price will increase up to 100 times.
legendary
Activity: 1526
Merit: 1179
I will buy and hold most bitcoin. I think the bitcoin price will rise around 50% a year for the next 20 years.
You can't simply assume the price of Bitcoin will go up continuously as we'll also have some years where the price will be in decline.

That's how the market keeps itself healthy and allows traders to cash out en reenter the market at lower prices.
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