Topic: What is your plan to get rich with Bitcoin? - page 151. (Read 265836 times)

Quote from: Akupuniard on May 13, 2016, 02:19:06 PM

By earning bitcoin freely, joining signature campaign and collecting the bitcoins and when i already have many bitcoin i will do trading and get rich with it.

Nice plan, I also collect capital from the signature campaign, then grow it with trading. it is a good way to get rich from trading.

I am agree with you, everyone trying to get rich also everyone starting with small amounts of money. Also want to trade later, after working on signature campaing.

This is true but I would just hold my bitcoin after it to make profit this year due to the fact the halving is coming this year.

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Quote from: hendra147 on May 13, 2016, 01:37:19 PM

Quote from: hendra147 on May 13, 2016, 01:37:19 PM

By earning bitcoin freely, joining signature campaign and collecting the bitcoins and when i already have many bitcoin i will do trading and get rich with it.

Nice plan, I also collect capital from the signature campaign, then grow it with trading. it is a good way to get rich from trading.

I am agree with you, everyone trying to get rich also everyone starting with small amounts of money. Also want to trade later, after working on signature campaing.

I'm not sure if I understand the various assumptions regarding getting rich from signature campaigns and trading. Maybe my definition of "rich" differs?

Signature campaigns can earn you anywhere between .5BTC and 2 BTC per year, so to "get rich", you likely will need to supplement a bit with buying some BTC to increase your BTC accumulation.

And with trading, it seems that you gotta be pretty good or to have a very good system in place to consistently earn more than 20% per year (from the trading aspect) - otherwise, if you are taking a lot of unnecessary risks with your holdings, your earnings will not be consistent, you will suffer from lost earnings from being in the wrong place at the wrong time and paying fees and in essence, you seem to be engaging in gambling that you call trading rather than consistently profitable trading.

I have only been BTC trading BTC for about 7 months, and so far my trading strategy has been very conservative, so probably, even though I have a sense of the matter, I am not the best in the world to challenge any assumptions, here.

Akupuniard

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By earning bitcoin freely, joining signature campaign and collecting the bitcoins and when i already have many bitcoin i will do trading and get rich with it.

Nice plan, I also collect capital from the signature campaign, then grow it with trading. it is a good way to get rich from trading.

I am agree with you, everyone trying to get rich also everyone starting with small amounts of money. Also want to trade later, after working on signature campaing.

hendra147

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Quote from: chaosknight on May 13, 2016, 07:33:41 AM

By earning bitcoin freely, joining signature campaign and collecting the bitcoins and when i already have many bitcoin i will do trading and get rich with it.

Nice plan, I also collect capital from the signature campaign, then grow it with trading. it is a good way to get rich from trading.

socks435

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Honestly guy all your opinion are true and signature are the answer but many source of bitcoin that you can do why dont you try to collect altcoin you can also sell them for bitcoin doing simple task bounty and you can receive the rewards from them once the altcoin is release from market and you see the price is increase daily just watch it and sell your altcoin for bitcoins..
And you can make more bitcoins and more profit.. than doing signature campaign only.. be a multi tasker and you can make more bitcoins in your wallet to save it for a longtime or waiting for block halving to make more profit..

rio3233

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By earning bitcoin freely, joining signature campaign and collecting the bitcoins and when i already have many bitcoin i will do trading and get rich with it.

maokoto

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Mine is not a "get rich plan" I just try to earn and collect some BTC as some savings. If there is a big raise and they multiply, that is a plus.

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Quote from: shane on May 13, 2016, 12:22:35 PM

my plan to get rich with bitcoin, i still trade bitcoin and hope get a profit to collect a little money to make my money grow.

Yeah bitcoin trading gives good earning. But this won't make users rich, the user who continuously do trading and increase the volume of trading one can become rich. Large scale traders were the one who earns much on bitcoin.

Trading allows us to make quick profits, but if price gets stable in future then there will be very less scope for traders to earn profits from it, so this plan might not work in future to get rich.

I anticipate that Bitcoin prices are not going to become stable for at least 10 years. There are battles over price, controversy and manipulation. Regarding manipulation, the larger the market cap the more difficult to manipulate, accordingly a 100x increase in price would help stability and ability to manipulate, but a 1000x increase would be much better. I have a hard time seeing BTC market cap increase 1000x in less than 10 years without various kinds of battles, which means ongoing volatility in bitcoin's short to medium term future.

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Quote from: tampazeus on May 12, 2016, 11:31:49 AM

Quote from: shane on May 12, 2016, 11:28:20 AM

Quote from: PsursV on May 12, 2016, 11:15:23 AM

Quote from: Farma on May 12, 2016, 11:06:43 AM

Quote from: delliaerd on May 12, 2016, 04:10:18 AM

Quote from: PsursV on May 12, 2016, 01:34:31 AM

i have so many planings. i wish to hold as much bitcoin as i can, a just want to wait for its high rate. i also want to earn through bitcoin compain.

With another word you want to hold your bitcoin , and wait until the price increases highly. It what the most of people do. Usually they will sell their holded bitcoin after the halving happen.

until now I also have very many plans about bitcoin. but I've never run one because so many tasks on my campus Sad

i think nothing can be done with bitcoin except holding it or to join a signature compain,

bitcoin many ways to grow, not only hold and join the signature campaign, one very good way in my opinion altcoins trading. you can have a rich plan with bitcoin of trade altcoins.

Yeah trading altcoins seems to be good at a moment, and trading bitcoin is also an good option and if you don't want to take any risk then you should just buy it and hold it for future.

trading bitcoin very well to take a long-term, because the price movements are not too far away. while trade altcoins excellent for making short-term profits.

Trading is good but if you want to get rich with bitcoin then I think you should hold huge amount of coins, so if price goes higher in future then you can sell them and earn huge profits.

shane

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Quote from: tampazeus on May 12, 2016, 11:31:49 AM

Quote from: shane on May 12, 2016, 11:28:20 AM

Quote from: PsursV on May 12, 2016, 11:15:23 AM

Quote from: Farma on May 12, 2016, 11:06:43 AM

Quote from: delliaerd on May 12, 2016, 04:10:18 AM

Quote from: PsursV on May 12, 2016, 01:34:31 AM

i have so many planings. i wish to hold as much bitcoin as i can, a just want to wait for its high rate. i also want to earn through bitcoin compain.

With another word you want to hold your bitcoin , and wait until the price increases highly. It what the most of people do. Usually they will sell their holded bitcoin after the halving happen.

until now I also have very many plans about bitcoin. but I've never run one because so many tasks on my campus Sad

i think nothing can be done with bitcoin except holding it or to join a signature compain,

bitcoin many ways to grow, not only hold and join the signature campaign, one very good way in my opinion altcoins trading. you can have a rich plan with bitcoin of trade altcoins.

Yeah trading altcoins seems to be good at a moment, and trading bitcoin is also an good option and if you don't want to take any risk then you should just buy it and hold it for future.

trading bitcoin very well to take a long-term, because the price movements are not too far away. while trade altcoins excellent for making short-term profits.

crossabdd

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Quote from: Dwelach on May 13, 2016, 11:00:39 AM

Quote from: beerlover on May 13, 2016, 10:27:47 AM

Quote from: prettybuds on May 13, 2016, 03:04:28 AM

ha ha ha! you can't get rich with Bitcoin anymore, keep dreaming.
We got rich with Bitcoin 2009-2013. After that all the peanut chasers came in.

You must be a pessimist about bitcoin's growth. When a bitcoiner believes bitcoin will reach $1 million per bitcoin, then he must be having some plan to benefit from that. So, nothing wrong in having some plan about how to accumulate more bitcoins to get richer.

I dont even think that I can be rich with gambling and that is because we all not have the patience to wait such a long time until the value will be more and that is bad.
But they have also to know that it will be risky if you are waiting such a long time because otherwise you are going to sell it on the wrong moment.

obviously it would be very difficult to get rich from gambling, not because we are impatient, but it is difficult to get profit from gambling.

Dwelach

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Quote from: beerlover on May 13, 2016, 10:27:47 AM

Quote from: prettybuds on May 13, 2016, 03:04:28 AM

ha ha ha! you can't get rich with Bitcoin anymore, keep dreaming.
We got rich with Bitcoin 2009-2013. After that all the peanut chasers came in.

You must be a pessimist about bitcoin's growth. When a bitcoiner believes bitcoin will reach $1 million per bitcoin, then he must be having some plan to benefit from that. So, nothing wrong in having some plan about how to accumulate more bitcoins to get richer.

I dont even think that I can be rich with gambling and that is because we all not have the patience to wait such a long time until the value will be more and that is bad.
But they have also to know that it will be risky if you are waiting such a long time because otherwise you are going to sell it on the wrong moment.

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Quote from: prettybuds on May 13, 2016, 03:04:28 AM

ha ha ha! you can't get rich with Bitcoin anymore, keep dreaming.
We got rich with Bitcoin 2009-2013. After that all the peanut chasers came in.

You must be a pessimist about bitcoin's growth. When a bitcoiner believes bitcoin will reach $1 million per bitcoin, then he must be having some plan to benefit from that. So, nothing wrong in having some plan about how to accumulate more bitcoins to get richer.

maudevang

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Quote from: pooya87 on May 12, 2016, 11:11:36 PM

Quote from: JumperX on May 12, 2016, 04:01:50 PM

~~~

$1k seems to be impossible to achieve by the end of this year, as we haven't reached to $500 yet and we are expecting double of its price in next 3 months..lol..

it doesn't seem impossible at all. if you are looking for the same rate of rise then yes it will not reach $1000 with this rate but this is not set in stone, it can change at any moment. right now there are whales preventing the rise too because they want to accumulate more.

Quote from: JPred on May 12, 2016, 09:32:31 PM

Da fresh plan fo me it is to look at da price of da bitcoin it goes down first and den me see it go up. If da price not go down I'm unlucky ~~and I cry~~, but if da price drop I'm lucky to buy da low price and I sell it twice as high as now and have a nice smile.

was your brain melting when you wrote this? Cheesy

I am planning that I am going to sell the coin after some 2 years and that I can make a huge profit with it and that would be perfect if that would be possible for me.
But the bad thing of Bitcoin is that you never know what is going to happen with the value and that is the problem.

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Quote from: prettybuds on May 13, 2016, 03:04:28 AM

my plan to get rich with bitcoin, i still trade bitcoin and hope get a profit to collect a little money to make my money grow.

Yeah bitcoin trading gives good earning. But this won't make users rich, the user who continuously do trading and increase the volume of trading one can become rich. Large scale traders were the one who earns much on bitcoin.

Trading allows us to make quick profits, but if price gets stable in future then there will be very less scope for traders to earn profits from it, so this plan might not work in future to get rich.

blackmachinegun

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ha ha ha! you can't get rich with Bitcoin anymore, keep dreaming.
We got rich with Bitcoin 2009-2013. After that all the peanut chasers came in.

Lol do you think a lot of people just rely on the price to be rich? come on you can get many bitcoin in various ways. and you can become rich because you have a lot of bitcoin.
after all, the price of bitcoin will not stack at this place prices will continue to rise dude

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Quote from: crazyivan on May 13, 2016, 05:51:33 AM

my plan to get rich with bitcoin, i still trade bitcoin and hope get a profit to collect a little money to make my money grow.

Yeah bitcoin trading gives good earning. But this won't make users rich, the user who continuously do trading and increase the volume of trading one can become rich. Large scale traders were the one who earns much on bitcoin.

Early adopters ve made a lot of money on BTC. The rest can make either by buying a huge amount of some alt which skytockets, that s VIA speculation or by differentiating lots of your investments and making money long term.

This still seems to be fairly early adopter stage.

Yeah, sure there are some adopters who are earlier than we are, but it doesn't hurt to employ a few BTC accumulation strategies that combine lump sum investments and ongoing dollar cost averaging.

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my plan to get rich with bitcoin, i still trade bitcoin and hope get a profit to collect a little money to make my money grow.

Yeah bitcoin trading gives good earning. But this won't make users rich, the user who continuously do trading and increase the volume of trading one can become rich. Large scale traders were the one who earns much on bitcoin.

Early adopters ve made a lot of money on BTC. The rest can make either by buying a huge amount of some alt which skytockets, that s VIA speculation or by differentiating lots of your investments and making money long term.

BitHodler

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my plan to get rich with bitcoin, i still trade bitcoin and hope get a profit to collect a little money to make my money grow.

Yeah bitcoin trading gives good earning. But this won't make users rich, the user who continuously do trading and increase the volume of trading one can become rich. Large scale traders were the one who earns much on bitcoin.

It's basically like that yes. Normal traders only pick up crumbs left on the ground by the whales.

That's how it also goes with stocks and other parts of tradable markets. It has never been different.

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