Could someone become very rich with bitcoin?

[Damismiling]

Yes, a lot of person are already rich through bitcoin. That's because they bought bitcoin earlier in 2008 and refuse to panic sell during the heavy dip like you said.. I saw a post on Twitter last week by a guy saying "he bought bitcoin in 2009 with just $500 and he could not remember he logins, but after retrieving his login of recent, he became rich.

Many people are already Rich through Bitcoin, I know some people that have invested in Bitcoin since 2016 but now he's in bigger money, so it's very possible, however it's easy to loose money as well because it's risky investment

 

[Cee C Chriss]

Definitely,Yeah you can! Depending on the individual with luck at his side. Many has made it big through the trading of BTC. Investing in it can't be something to expect returns immediately, it takes awhile. So this trading requires so much patient, time and lot of efforts. People who made it through it... Didn't just start it in a day, It's took them months.

 

[Zamaney]

Can you become rich with investing in Bitcoin? No, that time is over.

You could only become rich with Bitcoin if you invested back when it was worth $10,000 and you invested $10,000 into it. Even that will only make you semi-rich.

You could still become somewhat rich with Ethereum if you invest $20,000 now, which would return $320,000 to $640,000 at most later this year, but that’s it.

 

[Nurudeen]

Definitely Bitcoin or any form of crypto currency in the crypto currency exchange Business will definitely make Investors Rich. As an investor who wants to make money with this business they really need to invest first in knowledge and know when to buy a coins and also know when to sell a coin

 

[Shamila Asif]

yes,obviously .you can make money in the future if you have bitcoin worth$ 100.buy it and have patience.things inthe bitcoin business take time -the market keeps on fluctuating and this might make you lose your patience.if you have $ 100 worth of bitcoin,invest it and sit back .wait and when you see the market is good,sell or use it any way you would want to.

 

[Briangsam]

This shouldn't even be a question or debatable. It is absolutely right that one can become very rich with bitcoins. Some have bought a coin or two as far back as 2008 and are smiling so wide to the bank now. Even Etherum is doing well now. So yes, the possibility is huge.

 

[Henrywrites]

of course, a man having some bitcoin can make more rich person as we know about the rates of bitcoin always go ups and downs. So, he can make good strategies for trading in bitcoin and can become more rich.

Having a great strategy is vital to making money through Bitcoin trading. Some just buy and sell Bitcoins based on guess work without analyzing what is going to happen in the coming weeks. To me, that's a trader not ready to make it in the world of crypto trading. It is important to have nice strategies in order to excel.

 

[Kehinde]

Trading Bitcoin is even riskier than investing in Bitcoin, but if you're successful, it can be very lucrative. The idea is to buy Bitcoin at a low price and sell it soon after at a higher price, thereby banking the profits. ... Some people choose to run a Bitcoin trading bot.

 

[Shayo]

People already got rich from bitcoin, and these are people who believed and invested in 2008 -2017 when the value was still very affordable.
Becoming rich in from bitcoin is still possible but it will require huge capital and not the the business of buying when low and selling when high, one can only make little from such investments.
Personally, I think it is more wise to invest in new coins and you can count your millions in few years just like people did with bitcoin when it just came out.

 

[Hasan Raza]

Obviously any one who invest in it at large scale can easily become more rich.Bitcoin is a good cryptocurrency and it has proved to be good.Over the years, Bitcoin has made people profitable and made many people rich.People who invested before 2011 are now very rich.Bitcoin is currently trading at $35k and many people are investing at this point of time.

 

[Zevin]

I can say yes in many times, many people got rich from Bitcoin. Even, I know like my two relatives people that Bitcoin made them rich, in 2007 one of my uncle invest on Bitcoin and he sold it in 2017 when Bitcoin got raise, since then my uncle life totally changed to great. And recently one of my friends use $1.5k to buy Bitcoin last year when it was 17k and he sold it when Bitcoin hit 41k.

You are kidding, right? Bitcoin was launched in 2009, yet your uncle bought bitcoins in 2007 and sold them in 2017 to become a very rich man, probably a millionaire. If he had bought bitcoins in 2009, he would have of course become a millionaire. However, back then no one guessed that bitcoin was going to become so big.

 

[Ifective]

Bitcoin has been a very promising currency over the years and I have seen a score of people become very rich through it.
So I think bitcoin can make one rich if invested on properly. When one has knowledge about it, it will be very easy for it to fetch one money enough to get rich

 

[Kamon c4]

Of course you can get amazingly rich by investing in cryptocurrency. Cryptocurrency is now becoming popular and a lot of investors are endorsing it. However, cryptocurrency hit its highest investment last year and a lot of people made a fortune from the scheme

 

[Robrown83]

Yes of course someone can become rich with Bitcoin but depend on how you monitor the market because Bitcoin usually rise and falling so if you trade when it rise and you put huge amount of money,you will become rich. I know of a brother that have no any other job than trading Bitcoin, now it has build house, buy cars even get married. He is now in money.

 

[Keibah]

Is this even question. The big boys have already gotten rich handling these sums of Bitcoin. Imagine the people that were purchasing and holding when it was just a dollar or there about. Even now, smart ones with bigger investments are buying low and selling high.

 

[Hafsa]

Yes, Bitcoin is a good cryptocurrency and it has proved to be an amp.Over the years, Bitcoin has made people profitable and made many people rich.People who invested before 2011 are now very rich.Bitcoin is currently trading at 32,000 and many people are investing at the moment

i think you are right. as we know that cryptocurrency is one of the profitable businesses. and bitcoins is the best cryptocurrency. someone who wants to rich invests the money in bitcoins.it has proved that bitcoins make a man rich.

 

[Machismo]

I have seen quite a lot of people become millionaires with bitcoin trading and holding. Take, for example, those that bought the coin while it was still quite low early 2020 and sold it back early this year at almost times 4 of the amount they purchased it.

 

[Seyesystem]

Yes many people has become rich with bitcoin investment, when bitcoin first started those people that invested in it are very rich from their investment in bitcoin. You can still be very rich with bitcoin investment what you just have to do is to study trend of bitcoin when it prices come down you buy and keep and when the price increase you sell and make your profit. So it is possible to be rich with bitcoin investment.

 

[Dowenship]

Do you mean you can become rich by just by performing exchange offering at full range of trading products. Although A lot people have become rich through this trading not only bitcoin also with other altcoin. Its anotger stream of income for others ro

 

[Gilead]

A lot of people are billionaires millionaires because of Bitcoin. There are top investors, billionaires in the world that invest in Bitcoin, governments invest in Bitcoin banks invest in Bitcoin if bitcoin doesn't offer riches, why do you think all these agencies are involved.