Topic: What is your plan to get rich with Bitcoin? - page 161. (Read 265836 times)

Not planning to get rich could be a decent framework... yet we likely realize that we would like any of our invested earnings to have a competitive storage of value.. and to attempt to at least equal other places in which we could place such invested earnings.


Bitcoin is in no way a stable investment vehicle.. but with that lack of stability and risk comes the probability that it will appreciate in value much greater than other assets... accordingly, many of us, including myself, begin to think that it is possible to become rich (or at least richer than we already are) by taking a decent stake in bitcoin.

We could lose 100% of our investment; however, it is possible to 2x, 5x, 10x, 100x or even 1000x within 1- 10 years... ....

Anyhow, because of the risk of the investment, I placed as much money into it as I thought was feasible in the event that bitcoin were to go to zero; however, because I am taking a chance that it could exponentially increase in value, I remain fairly content when my investment into bitcoin at least retains the original value of the investment.  Appreciation of value beyond the initial investment is icing on the cake... In other words, I am not counting on getting rich from bitcoin, but I have enough stake in the game that if it were to exponentially increase in value, I would do very well with such.. and I would consider myself to have become fairly rich with anywhere  above 10x increase in value.  Another question remains regarding whether BTC would be able to retain such a 10x increase in value, and some profits will likely need to be taken off the table at that point (and points along the way to prepare for the likelihood that there are going to be ups and downs in bitcoin's ongoing price performance). 

That's good source of income in Bitcoin, but it needs surely good amount of budget to start with, and to advertise your site after launching, so that's not easy for everyone.

Indeed gaining till we will see what is gonna happen with the bitcoin itself is good indeed, I think the bitcoin has a good future.
Overall I think its good to stay earn bitcoins with the future it has.

Yeah its good to keep on earning bitcoin at a moment rather then thinking of future as we don't know what will be the future of bitcoin so it will be good if we play till its alive.

I don't have any great plan to get rich, I just want to give bitcoin priority in my daily use, activity and purchases, I am using bitcoin in most buying selling activities and I am looking forward for more, I am earning a good income through bitcoin and I am very happy with it

so many plans to become rich in bitcoin. you can use the investment, as one plan or maybe you could try to trade, the point you just have terrific in making strategy

im planning to have my own , dice/ gambling site, buying lots of miners, and the best one is to have an exchange site,

I hope that what you are saying becomes true as I feel that the future of signature campaign is unpredictable so its better we have multiple ways to our coins on regular basis.

My plans would be to accumulate Bitcoin as much as possible from different means such as faucets, trading and signature campaign.
Also Await for the price to increase in the future. I would have become rich.

I really do not have any plan to get rich with Bitcoin I started with Bitcoin because I wanted to make money on the side next to my day job. So getting rich with Bitcoin is not my plan.

I campaign it gives a bit and all bits help to get to the riches.

it really profitable, and a very good idea, but it's all really requires a very large capital.
but with large capital, I think it would also be quick to return of investment.

I just wanted to plan, has a site local exchanger. I think it should not require too much capital. but very profitable too.

I think it was not a major issue that deserves consideration everyone will dont know when bitcoin will experience a period of pump or the price down. so anything you would not know what rate the dollar strengthened or weakened. so it is a natural thing.
you can become rich in a variety of ways in bitcoin. not only by trading

Maybe save in a bitcoin bank like ANX for a few years and sell it when its prices gets high

open big news market like coinbase or etc.
also i have plan to make news site like bitcoin magazine then create new altcoin like etherum 

Yes nice it can make us get many benefits with bitcoin. I will also continue to collect bitcoin but I sold it when I needed it. But I also keep a few to keep my tubes and selling it when I want to stop using bitcoin.

my plan is to earn bitcoin as much as i can in the first place. this earning will consist of signature campaign earning, and a couple of other micro jobs.

then my plan is investing theses earnings mostly in trading to earn more bitcoin.

and the final plan is to hold the bitcoin for the future when the price is high.

Yes we don't have idea what will happen in bitcoin in the future. But we you are going to read everyones comment about
the thread of title. Most of us, just wait for the halving to come to get some profit but if you are holding only few bitcoin
you will not get rich on it. But if you are holding many coins then there is a chance that you'll become rich after the price increase.

Nobody will know what is going to happen with the value of Bitcoin and that is the bad thing but there is a high chance that the value can be higher soon because the halving is coming.
And that is quite nice for the people who already is waiting for a price increase, but it is still risky tough.

Just like the currency of dollars and as well as other currency for other countries. They don't have stable prices as bitcoin is.
So, bitcoin has similarity with true currency we have. We just need to take how bitcoin is moving.
Price up, price down we just need to get into bitcoin because its price is rising and rising and we will benefit it all.