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Topic: What is your plan to get rich with Bitcoin? - page 215. (Read 265849 times)

hero member
Activity: 616
Merit: 500
February 22, 2016, 03:08:59 AM
I don't have big and long term plans, I just do my daily job and get some bitcoin as profit and also working on my blogging. I got a resolution of not spending any bitcoins. This may be considered as my plan of becoming rich with bitcoins.
I am not planning to be rich with Bitcoin. But I see Bitcoin as a bonus to earn some a little bit money.
We all hope that it will be more value in the future, so we can sell Bitcoin with profit and earn some extra money.
legendary
Activity: 1652
Merit: 1007
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February 22, 2016, 02:23:11 AM
I don't have big and long term plans, I just do my daily job and get some bitcoin as profit and also working on my blogging. I got a resolution of not spending any bitcoins. This may be considered as my plan of becoming rich with bitcoins.

Why dont you have a plan? Why dont you get involved more seriously?
legendary
Activity: 1176
Merit: 1024
February 22, 2016, 01:23:36 AM
I don't have big and long term plans, I just do my daily job and get some bitcoin as profit and also working on my blogging. I got a resolution of not spending any bitcoins. This may be considered as my plan of becoming rich with bitcoins.
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
February 21, 2016, 06:53:27 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

As a guy also living on a third world country, 100 BTC for 5k each ($500k) is more than enough to retire and live an abundant life. I think I am also like him, 1 BTC for 5k each is already a dream for me, what more for 100 BTC
hero member
Activity: 1302
Merit: 503
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February 21, 2016, 06:48:24 AM
I have 2 strategies.
First, to collect as much of BTC funds I can, in my wallet.
Second, I always part of this BTC funds reinvest in some other business opportunities.
So, I wait that BTC price increase and/or that my other buss. opportunities succeed.


I also have two. first strategy is same, and the second, I'm gonna save 30% of my bitcoins in my wallet then when the price increases, I'm gonna sell it.
member
Activity: 84
Merit: 10
February 21, 2016, 03:57:39 AM
i don't think i will ever dream of getting rich but if i even get close then i would just have to keep on going for years and not stop. I would need a lot more time to get even close and i don't have that time. I would have to use a variety of methods
sr. member
Activity: 434
Merit: 250
February 21, 2016, 03:54:38 AM
i only have a very simple plan for get rich with bitcoin.
first is i have at least >10 Btc in my wallet, at least the amount of savings should be enough. after i collect coins, i hope the price is HIGH or stable. so i dont have to worry, if something happened to me.  Grin


It's great idea Sure it would make some profit in future atleast It would help you as a retirement fund for you.
If you wanna make profit very soon Adoption is the only way to reach it.
hero member
Activity: 532
Merit: 500
February 21, 2016, 03:48:43 AM
i only have a very simple plan for get rich with bitcoin.
first is i have at least >10 Btc in my wallet, at least the amount of savings should be enough. after i collect coins, i hope the price is HIGH or stable. so i dont have to worry, if something happened to me.  Grin
lol it would be easy for you, because you already have enough coins, you just hold it for some time, but what if you do not have any coins, how to collect that much bitcoin ?
full member
Activity: 182
Merit: 100
February 21, 2016, 12:48:33 AM
-Earn as much as possible

-Wait till price drop and buy btc

-wait for high price and sell my btc.

-???

-Profit

That's a good logic, you just need to loop it and set aside the profit or just include it in the capital so when the loop goes around again it becomes bigger and bigger...   Smiley

you are right, but you should be wait and you have to take long time still also if bitcoin worth will don't drop down, then how can you buy? If bitcoin worth will drop down and you buy some btc then still you should wait, when it's worth will rise so after you can sell your bitcoin and make some profit.
full member
Activity: 168
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 21, 2016, 12:28:22 AM
My plan is to buy some good amount of bitcoins very soon when the price is stable and will wait to sell the bitcoins when the price of bitcoins will go up to its peak level to get the right value of bitcoins and get the profit.
full member
Activity: 224
Merit: 100
February 20, 2016, 09:41:02 AM
-Earn as much as possible

-Wait till price drop and buy btc

-wait for high price and sell my btc.

-???

-Profit
newbie
Activity: 42
Merit: 0
February 20, 2016, 09:35:03 AM
In theory, with enough Bitcoin transactions, there's money to be made from clearing transactions through the blockchain. That's where all the investment that I'm seeing is going. As a side effect of that, you wind up with mining capacity, but you never make money from it.
hero member
Activity: 490
Merit: 500
February 20, 2016, 09:18:55 AM
100 btc is enough for me at the current price to make a living in my country:) may plan to increase my btc is to trade btc

100 btc is too little for 20 years to come dude. i think its around $200.000 maybe. if price bitcoin worth $2000 (itu hanya prediksi)
you can not buy luxury homes and cars ferrari. if you only have that much bitcoin
hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
February 20, 2016, 09:12:41 AM
So you think 100btc at 5k would only be good in a 3rd world country? How much do you spend dude?

Where was only said? But yes as you have asked,  $500k for retirement would not be good enough in my country. Nowhere near, it would barely pay for the family home. I think what i do and do not spend has nothing to do with you dude Shocked
in 3rd world country,average of people earn about $3,600 a year, and I think $500k is a big amount of money in 3rd world country but I don't think 1st world country who average people earn about $2000 in a month could survive with $500k amount for 10 years

Thanks for rapping that up i thought it maybe possible for me to survive my retirement on 500k. i was actually quite clear that it wouldnt be nowhere for me so i hope your trying to explain to the post above,you should quote just him if so to save confusion. Your numbers are about right in the 1st world but well off in 3rd world in my experience.
legendary
Activity: 3234
Merit: 1214
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February 20, 2016, 05:23:25 AM
Its like long term goal. I earn and save as well invest it. Then once I reach the desired value I get involved in trading which will give good profit.
hero member
Activity: 854
Merit: 1009
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February 20, 2016, 05:21:55 AM
i hardly have any plan.

I just gather coins, and then hold to it, in a few years they will be worth a fortune
full member
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 20, 2016, 03:37:20 AM
I will use bitcoin as the topic of my blog but I will focus more on tutorials about it.
hero member
Activity: 532
Merit: 500
February 20, 2016, 02:19:56 AM
My plans would be to accumulate Bitcoin as much as possible from different means such as faucets, captcha, ptc.
Then wait for the price to increase in the future. Cool
agree with you we cannot set the price of bitcoin in order to go up, which only we can do is keep working and collect bitcoin as much as possible, while waiting for prices to rise and we sell it, just like that
sr. member
Activity: 348
Merit: 250
February 20, 2016, 01:59:21 AM
100 btc is enough for me at the current price to make a living in my country:)  may plan to increase my btc is to trade btc
sr. member
Activity: 420
Merit: 250
February 20, 2016, 01:41:24 AM
i want to collect up to maybe 5 bitcoins and wait for the price to go up. maybe about US$800 When it does, i want to spend it on digital software and hardware. i am all about tech.

It is a nice and good plan, but waiting until $800 is a bit high imo. better you wait until $500 because the price now is $420+, it's hard to make the price up to $800.
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