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Re: What is your plan to get rich with Bitcoin?
by
Imoote
on 14/04/2016, 10:56:20 UTC
I think the best plan nowadays is just by buying and holding the bitcoins till the price increasing

Getting rich with bitcoin takes lot time than getting rich with a day job. Else more time need to be spend and some business needs to be started with bitcoin acceptance. Surely you will succeed as more users are gets adopted regularly.


It will really take a lot of time and effort to get rich in bitcoin because there are many things to look at when you want to invest in bitcoin and you also need a lot of capital so that when you profit you will gain more.
It will be nice if I can sell Bitcoin with a huge profit when the value is high but I think that it can takes a really long time until the value will be more so that is not that best thing.
Bitcoin needs indeed a time to rise but that can be a really long time and not many people can handle that and that is quite bad.
Yes, but there is no harm if we wait because if we wait will definitely benefit. Bitcoin sell when the price rises must wait for the right time. It will make us rich and it was a very easy thing to do.

If you want to get rich then you should hold it long as selling now will never be profitable as the price is not too high at a moment but if we sell in future then we can get rich by selling at higher price.
Yes, but the problem is when prices will be higher because of the increase in the price of bitcoin could not be ascertained. And maybe it takes too long. I think if the price has increased slightly can directly sell immediately because it was our own benefit, although slightly.