What is your plan to get rich with Bitcoin? - page 53.

rekinthis

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Quote from: torrentheaven on August 27, 2016, 04:37:06 AM

Quote from: ubitcoin on August 27, 2016, 04:29:09 AM

Quote from: Recoon on August 26, 2016, 07:26:32 AM

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see higher price to secure profits, as you can again buy when price drops in future.

you are right, collecting and saving your bitcoins might give you a really great opportunity to make some good money without too much efforts

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Quote from: serjent05 on August 27, 2016, 12:56:43 PM

Quote from: techfm86 on August 27, 2016, 12:37:08 PM

I'm thinking of trying to make some profit trading, then hold until btc increases in price.

this might be a good strategy especially when you know how to trade. I can imagine the 1 BTC having a trading profit of 5% daily and holding the btc for couple of years while repeating the strategy. It would be 5% * 365 days (compounding interest not included) . This means you multiplied your 1 BTC by 18.25 times plus the compounding's profit in 1 year time.

Your potential profit heavily depends on bitcoin prices fluctuation, your trading skill and exchange's fee. Also, don't forget that sometimes you could make wrong move and suffer losses.
If you're looking big profit, you better trading altcoin even though the risk is higher.

Risk will always be a part of bitcoin, even holding involves risk as if price goes lower in future then you need to wait for a long time to see higher price, so its better to take some risk and try to grow the level of coins.

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Quote from: techfm86 on August 27, 2016, 12:37:08 PM

I'm thinking of trying to make some profit trading, then hold until btc increases in price.

this might be a good strategy especially when you know how to trade. I can imagine the 1 BTC having a trading profit of 5% daily and holding the btc for couple of years while repeating the strategy. It would be 5% * 365 days (compounding interest not included) . This means you multiplied your 1 BTC by 18.25 times plus the compounding's profit in 1 year time.

techfm86

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I'm thinking of trying to make some profit trading, then hold until btc increases in price.

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Quote from: Mastsetad on August 27, 2016, 11:31:16 AM

Quote from: torrentheaven on August 27, 2016, 04:37:06 AM

Quote from: ubitcoin on August 27, 2016, 04:29:09 AM

Quote from: Recoon on August 26, 2016, 07:26:32 AM

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see higher price to secure profits, as you can again buy when price drops in future.

Well that is a really long-term getting rich strategy i guess because first it would take time to accumulate that much bitcoins and then to wait so many years for it to grow that much so that you can sell them and get rich, better thing would be learning trading and then investing your coins into it so that you can earn bitcoins in a short time.

If you have good skills and knowledge of trading then that is the best option to grow your coins in quick time as in future if price goes higher then you can expect higher profits if you have higher amount of coins.

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Quote from: torrentheaven on August 27, 2016, 04:37:06 AM

Quote from: ubitcoin on August 27, 2016, 04:29:09 AM

Quote from: Recoon on August 26, 2016, 07:26:32 AM

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see higher price to secure profits, as you can again buy when price drops in future.

Well that is a really long-term getting rich strategy i guess because first it would take time to accumulate that much bitcoins and then to wait so many years for it to grow that much so that you can sell them and get rich, better thing would be learning trading and then investing your coins into it so that you can earn bitcoins in a short time.

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Quote from: ubitcoin on August 27, 2016, 04:29:09 AM

Quote from: Recoon on August 26, 2016, 07:26:32 AM

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

Well that is a good and safe strategy to follow, collect as much as you can till its alive and sell when you see higher price to secure profits, as you can again buy when price drops in future.

ubitcoin

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Quote from: Recoon on August 26, 2016, 07:26:32 AM

Mining forever.

Well, you certainly can't be able to mine forever since there may come to a point that mining will become profitable and by that point, bitcoin may be dead lmao because mining is literally what keeps bitcoin running.

My plan to get rich with bitcoin is just to have as much as I can and hopefully be able to sell them when the price is high enough.

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Quote from: BossMacko on August 26, 2016, 04:16:58 AM

My plan these days to get rich in Bitcoin and i am currently doing it for awhile is received bitcoin from my signature campaign then invest it in ico's that have a good road map , well-known teams, adviser and escrow. And just hope that in the future my investment will have a good outcome.

It seems we have the same strategy, I stated with almost no bitcoin, from faucet to twitter, facebook and signature campaign and invested in trusted ICO have been able to increase my Bitcoin holding. To me, bitcoin is still the main denominator relatively to other Altcoins

traderbit

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Quote from: BossMacko on August 26, 2016, 04:16:58 AM

My plan these days to get rich in Bitcoin and i am currently doing it for awhile is received bitcoin from my signature campaign then invest it in ico's that have a good road map , well-known teams, adviser and escrow. And just hope that in the future my investment will have a good outcome.

Then what is the result of your investment so far? did you earned any solid profit by investing your money in ICOs?
only signature campaigns won't make you rich . you indeed need a backup/side plan to get your fortunes and make your dream come true. bitcoin and crypt world have a lot risks and chance to loose money so be careful. as you said above never invest your money there where no escrow, no guarantee, no road-map,..

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Quote from: Recoon on August 26, 2016, 07:26:32 AM

Mining forever.

are you never thinking about " highest difficult and block halving" ?
i whink we must re-thinking before start mining

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Quote from: safari88 on August 26, 2016, 11:56:54 AM

Quote from: Jasad on August 26, 2016, 08:45:48 AM

Quote from: MTBTT on August 26, 2016, 04:19:46 AM

Quote from: bitcoin-shark on August 25, 2016, 03:04:43 PM

my plan to become rich with bitcoin is split in 3 parts
1.trading on exchanges sites
2.betting
3.join ico of altcoin then transform in bitcoin

yeah I thought it would be nice if you use a variety of methods to gain an advantage because by combining the methods I'm sure you'll get a bigger method

you need more than just trading and gambling to become rich ,
it is only earn you a little money , you will not become rich if you rely on it ,
dream and plan on something bigger like be the owner of exchange sites and casino ,
am i right?

you are right, but before it had an exchange site or casino, you also must have a lot of money, then the proper way also to do prior to the trading or other investments. so when you have a lot of capital could create greater business.

gamble and create a parlay in sportsbetting with odds over 100 ,
and stake 1 bitcoin then you are good to go to have a plan to become rich ,
100 bitcoin are enough to build a small exchange or casino ,
dream big are okay but you need a reasonable way to reach it.

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Quote from: ChronoLite on August 26, 2016, 08:50:34 PM

Quote from: hieu81 on August 26, 2016, 08:27:30 PM

I think Bitcoin price was too high for me, I will invest with a different currency, with the hope that it would be worth

You can buy bitcoin with smallest amount like BTC0.5 ,or BTC0.1 doesn't need to buy 1 btc full. And you can start do trading and grow your bitcoin also you can joining in bitcoin community for filling your time with information about bitcoin

I did not get that answer too. Why is the price to high? Perhaps he means he expect it to go down again.
Which is weird if you reply in an thread where you expect to get rich with bitcoin right?

I do expect to get a bonus, but rich? Not really.

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Quote from: hieu81 on August 26, 2016, 08:27:30 PM

I think Bitcoin price was too high for me, I will invest with a different currency, with the hope that it would be worth

You can buy bitcoin with smallest amount like BTC0.5 ,or BTC0.1 doesn't need to buy 1 btc full. And you can start do trading and grow your bitcoin also you can joining in bitcoin community for filling your time with information about bitcoin

hieu81

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I think Bitcoin price was too high for me, I will invest with a different currency, with the hope that it would be worth

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Quote from: safari88 on August 26, 2016, 11:56:54 AM

Quote from: Jasad on August 26, 2016, 08:45:48 AM

Quote from: MTBTT on August 26, 2016, 04:19:46 AM

Quote from: bitcoin-shark on August 25, 2016, 03:04:43 PM

my plan to become rich with bitcoin is split in 3 parts
1.trading on exchanges sites
2.betting
3.join ico of altcoin then transform in bitcoin

yeah I thought it would be nice if you use a variety of methods to gain an advantage because by combining the methods I'm sure you'll get a bigger method

you need more than just trading and gambling to become rich ,
it is only earn you a little money , you will not become rich if you rely on it ,
dream and plan on something bigger like be the owner of exchange sites and casino ,
am i right?

you are right, but before it had an exchange site or casino, you also must have a lot of money, then the proper way also to do prior to the trading or other investments. so when you have a lot of capital could create greater business.

Money attracts money and if you invest higher then you can expect higher profits in quick time but its not possible for everyone to invest high, we should invest according to our budget.

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Quote from: Jasad on August 26, 2016, 08:45:48 AM

Quote from: MTBTT on August 26, 2016, 04:19:46 AM

Quote from: bitcoin-shark on August 25, 2016, 03:04:43 PM

my plan to become rich with bitcoin is split in 3 parts
1.trading on exchanges sites
2.betting
3.join ico of altcoin then transform in bitcoin

yeah I thought it would be nice if you use a variety of methods to gain an advantage because by combining the methods I'm sure you'll get a bigger method

you need more than just trading and gambling to become rich ,
it is only earn you a little money , you will not become rich if you rely on it ,
dream and plan on something bigger like be the owner of exchange sites and casino ,
am i right?

you are right, but before it had an exchange site or casino, you also must have a lot of money, then the proper way also to do prior to the trading or other investments. so when you have a lot of capital could create greater business.

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Quote from: funbarrel on August 26, 2016, 09:30:50 AM

Quote from: BossMacko on August 26, 2016, 04:16:58 AM

My plan these days to get rich in Bitcoin and i am currently doing it for awhile is received bitcoin from my signature campaign then invest it in ico's that have a good road map , well-known teams, adviser and escrow. And just hope that in the future my investment will have a good outcome.

though it is really hard to make huge fortune with bitcoins to be honest, i dont have any plans of becoming rich with it unfortunately

If you start working on it on regular basis then you can make descent amount of coins in coming years, and once you have good number of coins you can try your luck in trading.

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Quote from: BossMacko on August 26, 2016, 04:16:58 AM

My plan these days to get rich in Bitcoin and i am currently doing it for awhile is received bitcoin from my signature campaign then invest it in ico's that have a good road map , well-known teams, adviser and escrow. And just hope that in the future my investment will have a good outcome.

though it is really hard to make huge fortune with bitcoins to be honest, i dont have any plans of becoming rich with it unfortunately

icecube45

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Quote from: MTBTT on August 26, 2016, 04:19:46 AM

Quote from: bitcoin-shark on August 25, 2016, 03:04:43 PM

my plan to become rich with bitcoin is split in 3 parts
1.trading on exchanges sites
2.betting
3.join ico of altcoin then transform in bitcoin

yeah I thought it would be nice if you use a variety of methods to gain an advantage because by combining the methods I'm sure you'll get a bigger method

True but betting is not the right method to make a profit and become wealthy. Because gambling is just a game that requires luck so the result is not very feasible, or even harmful. If you want to be rich might make gambling sites as a result I believe very much. Most importantly tried and tried many ways.

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