What is your plan to get rich with Bitcoin? - page 177.

KennyR

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Quote from: nejibens on April 10, 2016, 10:29:26 AM

I think the best plan nowadays is just by buying and holding the bitcoins till the price increasing

Getting rich with bitcoin takes lot time than getting rich with a day job. Else more time need to be spend and some business needs to be started with bitcoin acceptance. Surely you will succeed as more users are gets adopted regularly.

BitcoinBlackjack

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I think that BTC should be a part of a well balanced portfolio of investments.
As we all saw, the price fluctuates significantly, and cannot be predicted.

There is currently a 50% chance that the price will rise, and a 50% chance that the price will fall.

Given this, one can always "hope" to hold on and become rich, but think of the amount of people that will sell at 1000$, 2000$, 5000$, etc...
What % of people will actually refuse to sell and hold on until the price reaches the stars for them to actually "get rich"? My guess is not that many!

landoadog

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Well my plan would be going into trading and hoping that i will profit from it and eventually become rich but that will take a long time before that happens.

safari88

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Quote from: HarryKPeters on April 11, 2016, 11:28:35 AM

My plan is get rich with the bitcoin by just simply holding my bitcoins, I think this is the method that does not require a lot of time and its also pretty simple and profitable without a lot of risks.
Well of course it has risks but the only risks you are having when you are doing this is the bitcoin risk itself in my opinion.

hold takes a long time to see good results and also you should have the bitcoin enough to hold. so I think it's better to try productive every day to make a profit was much better and make you rich quick.

HarryKPeters

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My plan is get rich with the bitcoin by just simply holding my bitcoins, I think this is the method that does not require a lot of time and its also pretty simple and profitable without a lot of risks.
Well of course it has risks but the only risks you are having when you are doing this is the bitcoin risk itself in my opinion.

benmartin613

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Quote from: Imoote on April 11, 2016, 10:59:34 AM

Quote from: vendetahome on April 11, 2016, 07:21:47 AM

Quote from: crazyivan on January 09, 2016, 05:18:31 AM

Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. Grin

my plan is halving, i hope that halving will rise price of bitcoins so i bought a lot of bitcoins now and keeping them in my wallet, i will do this for next 3-4 months, till halving, and if price will rise enough to the price that i like, i will sell then and i should get lots of profit, it is pretty easy way to get profit and it is not that risky as gambling

Yes true if you do that with patience you'll definitely get a lot of bitcoin. The best way is to store bitcoin wallet in a long time ago if it had accumulated many can only be sold when prices rise.

if you have so much bitcoin then maybe you can keep it in a time deposit lock and set it on 10-20 years and who knows maybe you will become a millionaire someday.

Ryananda

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Quote from: alisafidel58 on April 11, 2016, 04:12:48 AM

Quote from: ultimatesky on April 11, 2016, 04:04:48 AM

I buy my bitcoins now and save them for a couple of years. I do not know what the price will be ion a couple of years, but I hope that it will a ton of money.

You will surely profit in the years to come if you are investing your bitcoin now and there will be a lot of price increase in the coming years so no need to worry about profiting.

Yes true but to invest should be done in a proper way is not random origin.
But it is true investment in bitcoin is very profitable.

Imoote

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Quote from: vendetahome on April 11, 2016, 07:21:47 AM

Quote from: crazyivan on January 09, 2016, 05:18:31 AM

Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. Grin

my plan is halving, i hope that halving will rise price of bitcoins so i bought a lot of bitcoins now and keeping them in my wallet, i will do this for next 3-4 months, till halving, and if price will rise enough to the price that i like, i will sell then and i should get lots of profit, it is pretty easy way to get profit and it is not that risky as gambling

Yes true if you do that with patience you'll definitely get a lot of bitcoin. The best way is to store bitcoin wallet in a long time ago if it had accumulated many can only be sold when prices rise.

vendetahome

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Quote from: crazyivan on January 09, 2016, 05:18:31 AM

Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. Grin

my plan is halving, i hope that halving will rise price of bitcoins so i bought a lot of bitcoins now and keeping them in my wallet, i will do this for next 3-4 months, till halving, and if price will rise enough to the price that i like, i will sell then and i should get lots of profit, it is pretty easy way to get profit and it is not that risky as gambling

DavidoAlto

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It will be nice if you can sell Bitcoin later with some huge profit in the future but the chance is really low and many people dont like it and I understand that of course.

Everyone wants to make some profit fast and that is quite logic but if you are looking now that the value you see that it can takes a long time to rise, so you need some patience for it.

alisafidel58

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Quote from: ultimatesky on April 11, 2016, 04:04:48 AM

I buy my bitcoins now and save them for a couple of years. I do not know what the price will be ion a couple of years, but I hope that it will a ton of money.

You will surely profit in the years to come if you are investing your bitcoin now and there will be a lot of price increase in the coming years so no need to worry about profiting.

AlexBits

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Quote from: jod_doj on April 10, 2016, 01:15:12 PM

Quote from: crazyivan on April 10, 2016, 11:24:06 AM

Quote from: nejibens on April 10, 2016, 10:29:26 AM

I think the best plan nowadays is just by buying and holding the bitcoins till the price increasing

That s the most stupid advice ever. So, let s assume we all buy and hold. How is crypto going to develop and grow?

well in case you have read the title of this topic wrong, its not about the cryptos developing and evolving its about getting rich and thinking about yourself not the others

to be honest i have neither any advises nor i am planning to become rich right now because i have started using bitcoin as a currency not as an investment that i could make money with

It will be nice if I can sell it later in the future with some huge profit so I will have later more money and that can be nice for me, but it can takes a really long time for a high value.
My plan is not to be rich with Bitcoin, but it will be nice if I can earn a bit with Bitcoin, like a small earning next to my daily job that is really nice.

Xialla

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simple. print paper wallet - hold them. I don't think that there is better and more comfortable plan:)

ultimatesky

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I buy my bitcoins now and save them for a couple of years. I do not know what the price will be ion a couple of years, but I hope that it will a ton of money.

jod_doj

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Quote from: crazyivan on April 10, 2016, 11:24:06 AM

Quote from: nejibens on April 10, 2016, 10:29:26 AM

I think the best plan nowadays is just by buying and holding the bitcoins till the price increasing

That s the most stupid advice ever. So, let s assume we all buy and hold. How is crypto going to develop and grow?

well in case you have read the title of this topic wrong, its not about the cryptos developing and evolving its about getting rich and thinking about yourself not the others

to be honest i have neither any advises nor i am planning to become rich right now because i have started using bitcoin as a currency not as an investment that i could make money with

MFahad

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If you want to get rich with Bitcoins ,its just like " slow and study win the race" ,
if you have alot of bitcoins than you should invest it and also used Halving than it will be helpful to get rich.
on the other hand if you are all depend on bitcoions to get rich i realize it is a long way.

crazyivan

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Quote from: nejibens on April 10, 2016, 10:29:26 AM

I think the best plan nowadays is just by buying and holding the bitcoins till the price increasing

That s the most stupid advice ever. So, let s assume we all buy and hold. How is crypto going to develop and grow?

bamboylee

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Quote from: Pattart on April 09, 2016, 06:45:12 PM

Quote from: JessicaSe on April 09, 2016, 12:53:17 PM

I don't have any plan to get rich with it, as I am having a good job and I have all retirement plans with fiat, I will keep on earning bitcoin till it is alive.

I think people who want to get rich must have a good plan. ride it written or not. so that you have a purpose and that appropriate steps when working
if you continue to collect bitcoin without a plan. it was like aimless.

You don't get rich just doing nothing. To get rich either fiat or bitcoin, you need to work hard. You are right, if you have a plan to get rich, then.follow it till the end. Even if it gets hard, do everything to follow your plan. If you do, you'll be rich soon enough.

nejibens

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I think the best plan nowadays is just by buying and holding the bitcoins till the price increasing

Hellacopter

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Quote from: gilangIDR on April 10, 2016, 07:36:53 AM

I will buy many bitcoin today. I'm sure the next 3 months bitcoin will have a high price. bitcoin payment will be influential media in the world.

Hold the bitcoins till the next halving at least, that's my advice , because i think that Bitcoin's price will highly increase after this event as expected, so you can making good profit.

Topic: What is your plan to get rich with Bitcoin? - page 177. (Read 265836 times)