Could someone become very rich with bitcoin?

[Goodday]

Certainly, you can become a millionaire or even a billionaire through crypto currency trading and investment but not only bitcoin. Just imagine those that were able to stock bitcoin from 2009 to this date, what they will be earning from their patience if they still keep them.

 

[Psalmsavatar]

Absolutely yes, one can become very rich with bitcoin because bitcoin market now seems to be the most lucrative market whereby people invest and within a short period of time they get back the value of their investments in multiple folds. So, it is wise to tell people or advise people to invest in Bitcoin because people could be actually rich, very rich through Bitcoin.

 

[Felixko]

yes of course. many people are rich through bitcoin. this implies that they bought bitcoin at the time the was rate was low and have patience for it to raise before the sell.
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yes of course. many people are rich through bitcoin. this implies that they bought bitcoin at the time the was rate was low and have patience for it to raise before the sell. in this many people are now running into bitcoin business because the rate is not always stable.

 

[Nicklas22]

You have two options:mine and trade. By mining for Bitcoins, as long as the markets remain active you can basically make money for nothing. But the problem is, mining is such a tough gig now that it is hardly worth it. Turning your computer into a miner will likely make it noisy and heat up. It would likely take you a long time to even mine a single Bitcoin, by which time you probably would have spent more on electricity. However, if you have access to some serious computing power and you don’t have to pay the bills, you could make some easy money here.

 

[Setfragil]

It is possible to become rich through bitcoins if you understand and study the trend very well. Most businesses and individuals now makes use of bitcoins as mode of payments of their transactions.I made some bucks of money thorough bitcoins investments last year despite that I'm not an expert in cryptocurrencies.

 

[Quert]

Yes you will get rich, if you only know how to play on the market. But there is also a risk on it, if the price of bitcoin lowers then your money also. Soo make sure your ready for things on its worst case scenario, you can also watch videos that tutor beginners in regards to bitcoin.

 

[Kiwi]

Absolutely. With bitcoin, there's full possibility that you become rich but it is also full of uncertainty because its price always drops and rise. It comes with great risk. You also have to invest a lot in order to earn a high return.

 

[Nathaniel]

Yes,it is very possible for someone to get rich with Bitcoin.. looking at the fast rate in which Bitcoin is rising in value..one can simply say it is possible..But it will require a lot of investment on one's path

 

[Shivay]

If you have bitcoin , you can easily become rich just think if Elon Musk, he currently a billionaire and he is holding 1000 bitcoin , if 1 btc = 100K in future , then he can bevome trillionaire also. Bitcoin can do anything.

 

[Sarfraz Ali123]

Yes it is right. Making a million with Bitcoins today is probably still possible, but you will need some capital. Bitcoins can fluctuate many percentage points every day.Day trading Bitcoins is going to be risky, but where is there is volatility there is opportunity.

 

[Kelly5]

Absolutely. You can become rich with bitcoin whatever it rises or falls.
Many people get rich by investing in Bitcoin during 2008–2017. And after the dip in 2017, people started to trade bitcoin derivatives and options to get rich even the price keeps going down. Therefore, wherever you trade, investing in Bitcoin will get you rich. What you need is a bitcoin exchange offering a full range of trading products.

Then you can earn the profit whatever Bitcoin price goin up or down.

Haven't you read that people who invested in Bitcoin in its early days actually became millionaires in a short period of time? Of course bitcoin investment would definitely make you Rich but that depends on the side of the coin you are standing.

 

[Presido]

Of course yes, one can become a billionaire with Bitcoin investment. Consider those that invested in Bitcoin when it was first introduced or when 1 Bitcoin is equivalent to $1. Think about how rich they might have been if they left the money invested in it there.

 

[Life drama]

It's never a doubt, Bitcoin investors are one of the richest in the world right now,it helps you in a way that it helps you to keep your money save and if done at the right when it is in rising stages,your money will definitely rise in multiples.

 

[Alexandoy]

It depends on the amount of your investment to say that you can get rich If I invested $100 and to consider getting rich is that I would have $1 million then that would be an impossibility. You can earn much when you invest so much. But don't forget that an investment is like gambling that y you can gain and you can also lose. The risk of losing is always there so the bigger your investment is then the bigger the potential of losing.

 

[Afeefah]

Yes, many people have gotten rich through investing in bitcoin, but it's only the early investors that got the full benefit from it.
Now that bitcoin is hard to get or mine it will require a lot of investment to get rich through it.

There is also the issue of taking risks in bitcoin investment.

 

[Maliha]

People who has invested in Bitcoin and trading with Bitcoin are rich now a days because they wait for the right time and whenever they saw the good chance that price or Bitcoin has increased they sell the coins and gain profit.
Same like other people are doing and now they are playing in cash.
Bitcoin price is low in recent days but it will rise and go high again

 

[Ralphjoe]

Of course Bitcoin can make someone to become extremely rich due to its high price volatility, this can make someone rich by giving profits within a very short time, a short time like even an hour. This can make a seasoned investor to amass a huge profit through that measure.

 

[Diamond07]

Of course you can be very rich with bitcoin. Considering the rising of bitcoin over time. Imagine someone that had one bitcoin when he just purchased it, what do you think of it's worth now in 2021?. Not only bitcoin, if you invest into cryptocurrency, it can make you very rich

 

[TopSilver]

I didn't know you could become super wealthy, nonetheless billionaires from some of the aboves statements. That's pretty neat and it's not something I knew bitcoin could do. Still though I believe that's if you invested early on. At this point I can't really see you making a lot unless your spending a lot. In which case because they are doing so well I'm sure it's possible, just dangerous as the market could go down anytime.

 

[Bilal0087]

Absolutely. You can become rich with bitcoin whatever it rises or falls.
Many people get rich by investing in Bitcoin during 2008–2017. And after the dip in 2017, people started to trade bitcoin derivatives and options to get rich even the price keeps going down. Therefore, wherever you trade, investing in Bitcoin will get you rich. What you need is a bitcoin exchange offering a full range of trading products.

Then you can earn the profit whatever Bitcoin price goin up or down.

Yes a person can become rich by investing in Bitcoin but it need high investment and experience because in online investment there is always equal chance of a profit and loss, but a person can decrease the risk factor by experience