Post
Topic
Board Economics
Re: How too get rich
by
umaOuma
on 06/08/2016, 11:24:12 UTC
Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement
You don't need to go back from the time that bitcoin is low, you just need to work for it if you want to be rich, there is no easy to be rich imho and not only bitcoin give you oportunity to become rich.
A person must not be an empty dream. A person should have specific plans for the future. Then, there is a high probability that the person in the future will get exactly what he wants. The same can be said obitkoin. You do not need much to be an impossible dream. We need to work and be able to think properly.
As long we are realistic with our dreams we can rich it in the future, if we dream that the price of bitcoin will increase because we have invested their a good amount of money then your dream is too realistic because we know that once a massive adoption is achieve the price will increase accordingly.

If you have a plan to get rich with bitcoin then you need to hold huge number of coins as no one is sure what price it will hold in future but price will surely go higher in future.
yeah you are right and i also recommend that if you want to get rich then hold your bitcoin.

I have hold my bitcoin for more than 3 years. The price has risen many times already. But it is still low.

only holding bitcoin is not a wise decision either. you have to do something about it too.
for example you either have to sell and buy back as in trading or you have to try and spend them. why else would you just buy some and hold forever until the end of your time?

Yes and if he would have traded those coins then he would be holding much more coins in his wallet at this stage only holding will never help in growing your coins.