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Re: What is your plan to get rich with Bitcoin?
by
Legasean
on 11/10/2016, 07:42:53 UTC
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

The price could do something like reach $5k and drop to $1k so he would have to sell in all which would be a really hard thing to do.  It could also reach very high price and die completely after.
The price of the bitcoin always depends about what everybody is doing with the bitcoin because the price is rising causes that lts of peopel will make profit and that is the
way to make money with bitcoins profits is the way.