What is your plan to get rich with Bitcoin? - page 220.

Ryananda

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Quote from: heldertb on February 09, 2016, 10:10:02 PM

Quote from: crazyivan on January 09, 2016, 04:18:31 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 plane is more bitcoin sell with good trader and after take more profit and I get rich with bitcoin

I have the same plan with you.
But later on I will try to trade in order to increase my advantage in bitcoin.

SuperCoinGuy

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Defender of Bitcoin

Quote from: mtnsaa on February 09, 2016, 11:59:06 AM

Lol, I went all in with my BTC with Ethereum, that's the only way to get rich with Bitcoin right now if the rocket continues its trajectory. Bitcoin is done for unless it pulls a miracle and starts getting adopted and actually used by real people not just miners and speculators. I'm not sure Ethereum would be a valid project but at least it needs to be used for something unlike Bitcoin.

Are there more good alt coins except Ethereum to invest into as Bitcoin seems to be very stagnant at the moment?

JITENDERPAR

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plan is to strt earning free bit coins then .... after small value of earned btc i will buy mining power at hashocean then i will start earning .
and my payout will invested at the same site by me then finally i will get more rich and one day i will became a rich person of my country also.
this is my thinking to get rich with bit coins since i had not earned much amount of btc but soon i will the same that i said.
but i also want some suggestion by you to earn some money .
can you tell me also another way .

heldertb

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Blockchain-based Financial Ecosystem

Quote from: crazyivan on January 09, 2016, 04:18:31 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 plane is more bitcoin sell with good trader and after take more profit and I get rich with bitcoin

adam48

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Quote from: kevin go on February 09, 2016, 11:20:53 AM

Quote from: ?? on ??

Quote from: Pattart on February 09, 2016, 10:07:25 AM

Quote from: CreativeCarol on February 07, 2016, 11:37:30 PM

I actually really wanna buy a house with BTC.

lol i think its not plan for get rich. if you buy a house its only reduce some of your money. different if you buy a house for the purpose of investment, you know real estate investments are popular today, but I don't think it can make you rich

I think it's his plan :
1. Buy house at low price
2. Sell house at high price
3. Buy a lot of bitcoin
4. Wait until bitcoin price rise
5. Profit

So its mean holding something until the price is getting higher?it is a investment..good idea i think in this era..why not holding a thing like gold and sell it in 10 years later...it will take a good profit...btc and house also a good investment

hmm why people always choose to hold for too long. better when you take advantage of short term like trading. do not have to wait for prices to rise so high even wait up to 10 years lol

Red-Apple

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i am planning on gathering at least 50 bitcoin in a year through buying, earning, trading,... and hold it at least five years/

mtnsaa

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Lol, I went all in with my BTC with Ethereum, that's the only way to get rich with Bitcoin right now if the rocket continues its trajectory. Bitcoin is done for unless it pulls a miracle and starts getting adopted and actually used by real people not just miners and speculators. I'm not sure Ethereum would be a valid project but at least it needs to be used for something unlike Bitcoin.

Xsinx

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Work hard to earn bitcoins, and hold until the price can make you richer, but now, i only earn BTC for a living, doing some paid stuffs and anything. saving 10% of my BTC earnings daily to my cold wallet

kevin go

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Quote from: ?? on ??

Quote from: Pattart on February 09, 2016, 10:07:25 AM

Quote from: CreativeCarol on February 07, 2016, 11:37:30 PM

I actually really wanna buy a house with BTC.

lol i think its not plan for get rich. if you buy a house its only reduce some of your money. different if you buy a house for the purpose of investment, you know real estate investments are popular today, but I don't think it can make you rich

I think it's his plan :
1. Buy house at low price
2. Sell house at high price
3. Buy a lot of bitcoin
4. Wait until bitcoin price rise
5. Profit

So its mean holding something until the price is getting higher?it is a investment..good idea i think in this era..why not holding a thing like gold and sell it in 10 years later...it will take a good profit...btc and house also a good investment

crossabdd

legendary

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Quote from: crazyivan on January 09, 2016, 04:18:31 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

for buying 100bitcoin at this time you need arround $38.000 im not sure your friend have it Roll Eyes

anyway my plan i will use it to build small bussiness like pizza accept bitcoin only Cheesy

Pattart

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Quote from: CreativeCarol on February 07, 2016, 11:37:30 PM

I actually really wanna buy a house with BTC.

lol i think its not plan for get rich. if you buy a house its only reduce some of your money. different if you buy a house for the purpose of investment, you know real estate investments are popular today, but I don't think it can make you rich

Hellacopter

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Quote from: krunox123 on February 09, 2016, 07:58:54 AM

Quote from: Daimon88 on February 07, 2016, 08:21:57 PM

1) Get a bunch of bitcoins somehow 2) wait until a bitcoin is worth some nice sum around $10,000 bitcoin per btc 3) sell the bitcoins 4)be rich!? Grin

Sounds like a good plan, TBH. Probably the most expensive method.
I still remember someone use this method some years ago and eventually sold all his Bitcoins when he saw the drop in the Bitcoin price a few days later, IIRC. Lost like half(?) of his initial investment because he is panic, lol.

I am not sure if the Bitcoin's price will reach this price 10,000$ soon, but i think it will need few years to going high this way ..However i believe the price will rise and even for less than this amount many Bitcoin's holders could make earning

krunox123

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I don't bite.

Quote from: Daimon88 on February 07, 2016, 08:21:57 PM

1) Get a bunch of bitcoins somehow 2) wait until a bitcoin is worth some nice sum around $10,000 bitcoin per btc 3) sell the bitcoins 4)be rich!? Grin

Sounds like a good plan, TBH. Probably the most expensive method.
I still remember someone use this method some years ago and eventually sold all his Bitcoins when he saw the drop in the Bitcoin price a few days later, IIRC. Lost like half(?) of his initial investment because he is panic, lol.

adam48

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Quote from: avw1982 on February 09, 2016, 06:48:41 AM

Quote from: yenxz on February 08, 2016, 01:34:32 AM

My plan to get rich with bitcoin is,store big amount of bitcoin,for waiting price increase,and trade some altcoin with big amount,also i keep earn free bitcoin with many way,signature campaign is the best way

Nice idea man. In bitcoin we can do many strategy to earn money. We can do trading according to my thought. Where we can earn more money with very investment also, just make a best escrow to hold your money and do, I am sure It will work. Other than this I Would suggest signature campaign

collect bitcoin as much as possible and never sell to wait for the price increase yeah it's a good idea, but it's difficult because some people make a living from bitcoin. so every week or month they need to sell bitcoin.

avw1982

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Quote from: yenxz on February 08, 2016, 01:34:32 AM

My plan to get rich with bitcoin is,store big amount of bitcoin,for waiting price increase,and trade some altcoin with big amount,also i keep earn free bitcoin with many way,signature campaign is the best way

Nice idea man. In bitcoin we can do many strategy to earn money. We can do trading according to my thought. Where we can earn more money with very investment also, just make a best escrow to hold your money and do, I am sure It will work. Other than this I Would suggest signature campaign

Bestwishes745

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I will start my offline business, and for that I need at least 10 bitcoin each of worth about $400.
So my goal is to collect $400 , with that amount I can start any small offline business. But still I will try to earn more bitcoin as earning with bitcoin is better and easier especially here with signature campaign.

Bitcotalk

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My goal is to earn about 5 bitcoins per month, and at that time when i reach to earn about 5 botcoin per month I will be a rich person but I will not retire from my work after reaching there as it will be my earning for living. For earning bitcoin we have to sit at our home and no need to go far away from our homes o earn that so I think bitcoin is best source to earn a living.

Imoote

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Quote from: Freshmen on February 08, 2016, 05:23:03 AM

Getting rich with bitcoin is like getting rich with fiat, regardless of the price you need to have a decent amount of bitcoin to actually make profit of it, if you make a successful project or company you can get rich with bitcoins.

The point is to get rich quick you have to strive and work hard to get it and certainly have to go through a lengthy process, so it's done with any patient in bitcoin or cash. We must also be smart to manage income and expenditure agan much can be set aside for savings.

Freshmen

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Getting rich with bitcoin is like getting rich with fiat, regardless of the price you need to have a decent amount of bitcoin to actually make profit of it, if you make a successful project or company you can get rich with bitcoins.

Imoote

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Quote from: crazyivan on February 08, 2016, 02:32:05 AM

Quote from: yenxz on February 08, 2016, 01:34:32 AM

My plan to get rich with bitcoin is,store big amount of bitcoin,for waiting price increase,and trade some altcoin with big amount,also i keep earn free bitcoin with many way,signature campaign is the best way

In terms of getting rich with BTC, sig campaigns are next to useless. These are just pocket money, nothing special.

Trading can be profitable but it requires a lot of volume and up front investments.

Yes trades must have its own expertise while not everyone has the expertise dalah trade. Probably should try the signature campaign for people who are not able to trade and if you already understand bitcoin, and bitcoin could trade in the new might try trading in bitcoin.

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