Quote from: The_Dark_Knight on November 05, 2016, 02:51:43 PM

Quote from: lakisis on November 04, 2016, 09:30:37 PM

yeah its possible to get rich with bitcoin if we buy bitcoin in big amount and then hold it for the future and bitcoin suddenly cross the 4000$ price and then we can get a big profit from bitcoin and we can be getting rich with bitcoin easily.

Of course its possible but the problem is the starting cost, for example bitcoin right now is around 700 dollars if it were to reach 4000, then the only thing left is your definition of rich I suppose that for some people that is becoming a millionaire, in order to reach I million dollars in bitcoin at the price of 4000 you will need 250BTC that in order to buy at current prices will cost you 175k dollars, that is a lot of money, some members may have that amount but Im pretty sure most of us dont.

With the current price at 700$ usd, you need 175000$ to buy 250 bitcoins into your wallet. For myself, I can't afford to do that and a lot on this board as well.

The only way most of us will succeed is with constant hard work and the dream to reach that level to become rich one day