What is your plan to get rich with Bitcoin? - page 69.

cokkapaga

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Quote from: bostiog1 on August 13, 2016, 07:59:35 PM

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 to start my own cloud mining company and a website where people can participate to it and earn money

cloud mining is not profitable at the moment
I think no one interest to participate in cloud mining, because so many cloud mining website is scam.

bostiog1

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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 to start my own cloud mining company and a website where people can participate to it and earn money

sobsitesearch

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Quote from: john2231 on August 13, 2016, 07:45:51 PM

Quote from: dhimasnk on August 13, 2016, 06:57:34 PM

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

I think, how to get rich with bitcoin is hard work. yes, hard work. Because we also know the effort to get bitcoin is not easy and need to fight, so we must do everything possible to get bitcoin in any way. but we also have to be patient and persevere to realize this because it took a long time

Not only harwork it needs also high skills if you are just hardworking like claiming in thousands of faucets and you are just earn few bitcoins you will never be rich in the future.. its better to study first to have a skills that you can use in business or offer to any company..

I agree with you mate, getting rich in bitcoin is very hard if you do not have any skills to be offered to earn with bitcoin, if you just claiming in free faucets the earnings on that is very little and it would never get you rich.

john2231

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Quote from: dhimasnk on August 13, 2016, 06:57:34 PM

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

I think, how to get rich with bitcoin is hard work. yes, hard work. Because we also know the effort to get bitcoin is not easy and need to fight, so we must do everything possible to get bitcoin in any way. but we also have to be patient and persevere to realize this because it took a long time

Not only harwork it needs also high skills if you are just hardworking like claiming in thousands of faucets and you are just earn few bitcoins you will never be rich in the future.. its better to study first to have a skills that you can use in business or offer to any company..

Oj0

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If i got rich in bitcoin i have many plans. But i think its so hard to get rich in bitcoin because almost in bitcoin has a small capital in it and they hard to increase it because of the small capital. And the income here in forum is not much bigger so do you think the small bitcoin you have is make your dream come true. But i think you need a how many years before that happen. But for those who have big amount of capital they easy to become rich. If they have 100 btc now is that worth of million now.

dhimasnk

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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

I think, how to get rich with bitcoin is hard work. yes, hard work. Because we also know the effort to get bitcoin is not easy and need to fight, so we must do everything possible to get bitcoin in any way. but we also have to be patient and persevere to realize this because it took a long time

dezoel

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Leading Crypto Sports Betting & Casino Platform

Quote from: vero on August 13, 2016, 01:56:17 PM

Quote from: chixka000 on August 13, 2016, 01:01:52 PM

Well people do always says to hold bitcoins. But for me it would take you to a very long process. This maybe the safest way? Maybe yes or who knows. Some do trading pro traders actaully gaining profit and i think it is enough yet much risky than just holding

all will not tell the truth whether he holds for a long time or choose to do active trading as well as you because you have your point view.

I think we should not listen to others, as its our own money we can do anything we want, if selling is the best option then we should sell it without any hesitation.

marketgold

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Quote from: terman45x on August 13, 2016, 01:22:34 PM

Quote from: chixka000 on August 13, 2016, 01:01:52 PM

Well people do always says to hold bitcoins. But for me it would take you to a very long process. This maybe the safest way? Maybe yes or who knows. Some do trading pro traders actaully gaining profit and i think it is enough yet much risky than just holding

Holding is good but you can sell it any time when you see higher price and secure profits from it, as holding for long term can be risky as we don't know whether price will lower or higher in future.

Right , when you see that the price is good for you to make a good profit , withdraw your BTC.

vero

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Quote from: chixka000 on August 13, 2016, 01:01:52 PM

Well people do always says to hold bitcoins. But for me it would take you to a very long process. This maybe the safest way? Maybe yes or who knows. Some do trading pro traders actaully gaining profit and i think it is enough yet much risky than just holding

all will not tell the truth whether he holds for a long time or choose to do active trading as well as you because you have your point view.

terman45x

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Quote from: chixka000 on August 13, 2016, 01:01:52 PM

Well people do always says to hold bitcoins. But for me it would take you to a very long process. This maybe the safest way? Maybe yes or who knows. Some do trading pro traders actaully gaining profit and i think it is enough yet much risky than just holding

Holding is good but you can sell it any time when you see higher price and secure profits from it, as holding for long term can be risky as we don't know whether price will lower or higher in future.

chixka000

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Well people do always says to hold bitcoins. But for me it would take you to a very long process. This maybe the safest way? Maybe yes or who knows. Some do trading pro traders actaully gaining profit and i think it is enough yet much risky than just holding

umaOuma

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Quote from: Wandering Soul~ on August 13, 2016, 12:29:05 PM

Quote from: funbarrel on August 10, 2016, 11:36:52 AM

Quote from: johnnyyash on August 10, 2016, 07:58:47 AM

To have much bitcoin , go into investments and cloud mining to have more btc...and also to see btc go high in exchange rate...

im also trying to get a lot of bitcoins right now, i think it is the best way to become rich right now if you will hold your bitcoins for a really long time

Keeping bitcoins to wait for the price to increase is much better than cloud mining, as most of them are scams. Investing requires a large amount of bitcoins and as always the risks are still there

Investing in cloud mining is very risky as most of them will show their true colors in future by running away with your investments, its better to stay away from those sites.

marketgold

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Quote from: Wandering Soul~ on August 13, 2016, 12:29:05 PM

Quote from: funbarrel on August 10, 2016, 11:36:52 AM

Quote from: johnnyyash on August 10, 2016, 07:58:47 AM

To have much bitcoin , go into investments and cloud mining to have more btc...and also to see btc go high in exchange rate...

im also trying to get a lot of bitcoins right now, i think it is the best way to become rich right now if you will hold your bitcoins for a really long time

Keeping bitcoins to wait for the price to increase is much better than cloud mining, as most of them are scams. Investing requires a large amount of bitcoins and as always the risks are still there

With cloud mining you can win a lot more ,but the risk is much more bigger. It is safer to just keep your bitcoin in your wallet, but also if you know what you do ,you can earn good profits with cloud mining sites

Wandering Soul~

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Wolf

Quote from: funbarrel on August 10, 2016, 11:36:52 AM

Quote from: johnnyyash on August 10, 2016, 07:58:47 AM

To have much bitcoin , go into investments and cloud mining to have more btc...and also to see btc go high in exchange rate...

im also trying to get a lot of bitcoins right now, i think it is the best way to become rich right now if you will hold your bitcoins for a really long time

Keeping bitcoins to wait for the price to increase is much better than cloud mining, as most of them are scams. Investing requires a large amount of bitcoins and as always the risks are still there

crossabdd

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Quote from: fkvidar on August 13, 2016, 11:13:51 AM

Quote from: Yutikas_11920 on August 13, 2016, 11:01:00 AM

Quote from: shinratensei_ on August 13, 2016, 06:57:07 AM

Quote from: secone on August 12, 2016, 02:07:27 PM

Quote from: SmirnoffVany on August 12, 2016, 01:17:05 PM

Quote from: safari88 on August 12, 2016, 01:05:31 PM

Quote from: SquallLeonhart on August 12, 2016, 11:41:31 AM

Quote from: btc-facebook on August 12, 2016, 11:03:51 AM

I'm spending about 10% of my total salary to invest bitcoin. When it reach highest value ( especially when halving is near ) I'm sell it
It means that bitcoin can be use for long term investation

I think that is the perfect way to go for an investment, as we all know that bitcoin will hold much higher price in future so putting some money regularly into it is the best thing to do.

I think it's better to put aside the benefits you get from bitcoin to withstand long-term, because the future of bitcoin is not clear, anything can happen. but it is most people believe the future of bitcoin will be great with a high price.

And how then to explain the situation with the exchanger bitfinex, and then people began to massively sell their bitcoin, because the price has fallen by almost $ 100. If investiruesh, you must trust that where investiruesh, otherwise there will be confusion.

I think it's just the panic people to sell their bitcoin, and do not understand more about the price of bitcoin, because basically when bitcoin prices fall abruptly, it will definitely bounce and recover.

We passed that, and at this time we can saw the price rate is recover into the previous rate and the panic feeling in everybody is starting to be disappearing. well just hoping will faster in recovering and will giving a good impact for bitcoin.

Recovery in the bitcoin at the current time would only be temporary, because I see that the price of bitcoin offing will be stable until a couple of months or years and it is $ 500. So we just have to wait 4 more years to get the price of the bitcoin become higher (this is just an estimate)

It is predicted that price will touch $5k in next 5 years so we should concentrate on collecting maximum coins at this stage to enjoy higher profits in future.

a good idea, five years time not so long to wait. This might be a great opportunity to collect as much as possible. The next 5 years will experience halving, maybe it can make prices rise higher. but do not think it will go $5k. $2k probably already quite high and realistic.

thejaytiesto

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