Post
Topic
Board Bitcoin Discussion
Re: Can bitcoin make someone the richest in the world?
by
AicecreaME
on 20/08/2021, 11:45:54 UTC
I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.

There are many other ways to be rich aside from bitcoin. While it is possible to become rich because of cryptocurrencies, you should know that there are many other people who are also aspiring to be wealthy with it. Hence, it's still better to diversify if you'll ask me. Many other sources of income is great if you really want to be on the list of top richest people in the world. Diversified fund allocation is a must. Different investment vehicles are of important to generate more money.

Also, please be reminded that bitcoin isn't a get-rich-quick type of scheme. It is volatile and you should know that its price value depends on what season the market is currently at. For someone to become the richest man in the world, first, he must have a lot of bitcoin to begin with. After that, he must wait for Bitcoin's value to mature and go up higher than the value when you compared to the net worth of the richest person and then divided by his number of bitcoin.