Re: How to get rich with Bitcoin?

#3
The best time to buy bitcoin is yesterday, the second best time is today.

The people who became rich off bitcoin are rich because they bought coins YEARS ago. You'd have to invest a lot now to make good profit in the future. Maybe you could consider investing in a smaller coin instead? That way, there's more room for it to grow, and you could get a bigger profit in a few years.
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Re: How to get rich with Bitcoin?

#5
The best way I would say is to invest into altcoins, and start today. There's tons of resources out there that could help guide you to finding which coins to get involved with. Make sure you understand the technology before you dive into it, as that will help when looking at new coins to invest in.

I don't suggest just holding BTC as others have suggested, as I'm slightly more pessimistic on the timetable of the bitcoin bubble bursting, but to each their own.
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"Many individuals are doing what they can. But real success can only come if there is a change in our societies and in our economics and in our politics."
David Attenborough

Re: How to get rich with Bitcoin?

#6
greencarpet wrote: The best time to buy bitcoin is yesterday, the second best time is today.

The people who became rich off bitcoin are rich because they bought coins YEARS ago. You'd have to invest a lot now to make good profit in the future. Maybe you could consider investing in a smaller coin instead? That way, there's more room for it to grow, and you could get a bigger profit in a few years.
Which altcoins would you recommend?
Anyway, don't you afraid of losing everything?


RouletteSensei wrote:
December 22nd, 2017, 5:39 pm
Getting rich with Bitcoin is Buying 10% of your entire holdings and HODL. "sieze" them somewhere safe and wait a couple years. You will be glad of my words.
My holdings are not too big. I'm afraid investing 10% of that in Bitcoin will not be very helpful 😌


BEEnull wrote:
December 23rd, 2017, 6:46 am
The best way I would say is to invest into altcoins, and start today. There's tons of resources out there that could help guide you to finding which coins to get involved with. Make sure you understand the technology before you dive into it, as that will help when looking at new coins to invest in.

I don't suggest just holding BTC as others have suggested, as I'm slightly more pessimistic on the timetable of the bitcoin bubble bursting, but to each their own.
I agree that BTC will not grow as much as it has before. But at the same time, I'm very afraid investing in altcoins because I can lose everything! Would you recommend some trustful altcoins?
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I'm a part-time florist, part-time cryptocurrency investor :)

Re: How to get rich with Bitcoin?

#7
Amily wrote:
December 17th, 2017, 10:19 am
What should I do to make money with Bitcoin? I mean not just make living, but get really rich?
What scheme makes it possible? How much money do I need to start?
Thanks! :)
I think it is difficult, because you must have a lot of tact, but you can multiply the value invested, once the values go up, but the disturbing thing is that those values as they rise, can go down vertiginously. So I do not think it's that easy.
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Re: How to get rich with Bitcoin?

#8
There isn't a get rich fast scheme. Crypto is a waiting game till the market fully adopts it.

The best way to profit is, in my opinion, is to mine crypto and wait for the market to grow instead of buying crypto.

Mining is slower but you profit more in the long run as mining > trading (assuming you have enough capital to start a mining farm or finding a hosting company to do it).

If you are looking for a company in North America, I can suggest MIningSky ,there are others but MiningSky offers full service hosting so they have all the required products and services you would need.

Investing now is better then later if you are deciding to invest as the market is slowly taking on crypto and once it fully accepts it, the prices wont fluctuate as much as now and will grow.
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