Post
Topic
Board Economics
Re: How too get rich
by
tyz
on 17/02/2016, 23:33:03 UTC
This is definetely not a way to get rich for sure. The current price has probably priced in the halving so a big increase is not to be expected through halving. There are other events going on which are much more important to the price mid and long term. The block size discussion for instance or the outblowing block chain problem. Should such events will go into the wrong direction then the price could drop very quickly again. Remember where we stayed a year ago.

If you want to get rich just invest big in the bitcoins and cash out later when the price is a lot higher.
The halving will let the market price increase so you can gain profit and can get rich.