Topic: What is your plan to get rich with Bitcoin? - page 146. (Read 265836 times)

perhaps by adding and combining various job surely you will be easy to become rich dude because of course your earnings will grow with income from various jobs. but is it you can manage all the job itself dude?

I don't have a secured plan ready for getting rich with the bitcoin but i think there are many ways to get
rich with the coin. Not just buying them and selling them on the right moment. I will invest in many many computers and make
a lab with many servers to mine them. And then i will sell them all on the best moment.

Yes, doing any kind of business with bitcoin would definitely make you reach as you how many chances to accumulate more number of bitcoins. If you have any services based on bitcoins payment, then the waiting to become rich would be very less.

I'm not really sure if I can be rich in bitcoin, but hopefully. Hmm, I will stick in earning bitcoin and I will save it. As time goes by there will be more options of earning, and there's nothing wrong in trying that ways. Bitcoin is becoming popular with the people nowadays and I think it has a higher possibility of having a greater value in the future. And having more bitcoin savings will help me become rich, if it happens.

well you can't get rich with signature campaigns or cloudmining, they are both micro payments which you can get small money out of.
although commerce and services can be good ways of making money i don't think you can get rich by doing any of them. but they are surely good ways of making decent amount of bitcoin to get you started.

I just collecting bitcoin right now but not my plan to get rich with this

Yes true but must collect the various methods of how to collect bitcoin so not spiked on one method alone. Such as collecting of signatures campaign, commerce, cloud mining, services. It will speed us get a lot of bitcoin and become rich.

Yes we must give equal concentration for earning bitcoins as well as holding it. Because just earning and spending it will not make you richer. But holding bitcoins like Satoshi for many years definitely will make any one richer.

Yes maybe it could be rich but so long as only collect bitcoin. Perhaps more appropriate is to try many ways such as trade, mining cloud, signature campaign, etc. It will speed you get a lot of bitcoin. We must be diligent in collecting something that has a lot of bitcoin.

I dont really think it will make you that rich with that option. Just piling up those coin in a wallet and waiting for a great increase is just too lazy. You can move it everytime it went up then buy back when it falls down. But you just need to be careful with that.

It's not a good practice to gamble balls to the walls in order to attempt to predict and to act on that event with 100%...
Instead, it is probably better to ration your funds in accordance with your view, maybe if you think that price dropping is really likely, then you may invest 25% of your funds now, and then 75% later when the event occurs.  I  personally believe that a viewpoint that bitcoin prices will be dropping after halvening is counter-intuitive, so I would be more prepared to invest 90% now and 10% in the event that a post halvening price drop occurs.

That plan is rarely happening that the price of bitcoin will down but i think theres a chance that this bitcoin price will down after bitcoin halving. But for me my plan is earning bitcoin and converting it to fiat so that after halving if the price will down i will buy many bitcoin at low price. Thats my plan not to get rich because my funds is only few bitcoin so my profit will be x2 only so im not getting rich there.

That would probably make you rich if you will become loyal in using and collecting bitcoins. Staying is a good thing of what you are going to do with bitcoins and we are going to witness what will happen with bitcoins for the coming years.

You can become rich if you make proper planing. and work with dedication. hard works is necessary for success.
bitcoin can make you rich just need to do hard work with dedication, make a good plan and start to work on that. follow the real paths of earning ways. and you'll become rich one day. after one or 2 years.

I don't have any big plan to get rich. honestly I do not think we could become rich with only bitcoin. bitcoin is a great source to earn money and gain daily needs. but it won't make you rich , because there is no way to earn that much bitcoins.
so my plan is to only earn some bucks everyday and that's it. I've collected some btc to halving. lets see.

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.

My plan i reach 20btc then i sell it to fiat currency, after it i will use my money for building bitcoin mining rig, i will use solar panel for reduce electric fee.

Yeah and you also need to start unique business or say some monopolist business that will help you in becoming market leader with least competition.

create a business is a good thing toward getting rich. many businesses make people rich. so you need to create a business that is currently popular or potential. and you will become rich because of it

Really, I don't disagree with any of these points, because in essence I believe that each of us has to find our own paths in order to attempt to build our BTC portfolios on an ongoing basis.

Personally, I accumulated bitcoin's for nearly 2 years (starting at $1,200 in November 2013), before I began to trade any of them (starting in October 2015); however, since I was buying on the way down, my bitcoin portfolio continued to stay in the red, so being in the red can create a certain incentive to preserve the portfolio, rather than to take unnecessary risks to possibly go further in the red (at least that had been the mind-set for me).

After bitcoin's prices moved in and out (mostly in) the lower $200's price territory for a bit over 8 months, I was able to acquire quite a bit of bitcoin in the lower $200's price range, and thereafter I was able to reconsider my bitcoin holdings into three categories.. 1) those acquired under $300 (average of about $240), 2) those acquired in late 2014 with a price average of about $365 and 3) those with a price average of about $665.  (my overall BTC holdings were averaging about $502 at that time, and now they average a bit below $450)

So at first I began to trade with a portion of those BTC in category 1, yet as BTC prices increased and I continued to build my overall BTC portfolio and bring down my average cost per BTC, I was able to trade with a portion of those BTC in category 2.

Currently, I consider my whole BTC portfolio in terms of overall value, but I limit the extent to which I gamble with any of it.. trading is one thing, but putting in alt coins can be a kind of gamble, unless you develop systems to be very strategic about the extent to which you put any of your coins into alts (because such risk taking could take away from BTC that you have accumulated).  Furthermore, as I suggested before, you may want to consider accumulating BTC by buying them as well, rather than merely relying on signature campaigns and trade... which will cause your BTC accumulation to go up (and you can buy as little as $5 a week and still accumulate BTC at a noticeable rate with the passage of time).