Could I become a millionaire from Bitcoin?

[MaMooN]

You should never expect to become a millionaire from Bitcoin or from any emerging technology. It is always important to be careful about anything that seems too good to be "too good to be true" or against the rules of the economy!

Bitcoin is a growing space for creativity and there are business opportunities that also contain risks. There is no guarantee that Bit Coin will continue to grow even though it has developed at a very fast rate so far. Investing time and resources in anything related to bitcoin requires the spirit of entrepreneurship and adventure. There are multiple ways to make money with Bitcoin, such as mining or daily trading (speculative) or buying new currencies based on the Bitcoin. All of these methods are competitive and there is no guarantee of profit. It is up to everyone to make an appropriate assessment of the costs and risks associated with each project.

[inewoods]

I gpt a different view from yours as i got a few acquaintance that i know become millionaire from crypto coin provided that you play your card right. Even if one day from crypto you become a millionaire you must not treat it like gambling if not your millions will not go far.

[Quart]

--You should never expect to become a millionaire from Bitcoin or from any emerging technology--

Why not? It is possible to become a millionaire from Bitcoin, and many people agree with that since it's a fact. I also agree, Bitcoin is very potential to give us big profits.   

[sturec22]

if we were still in 2015, I would say why not. But bitcoin is getting less volatile everyday, this seems that it will be really hard to get 30x or 100x from both altcoins and bitcoin.
as an example people who bought ETH in 2017 from 17$ had nearly 100x, 1500$ at the bull...
well I think it is really hard to get ETH at even more than 10k's

[husanchaika]

You should never expect to become a millionaire from Bitcoin or from any emerging technology. It is always important to be careful about anything that seems too good to be "too good to be true" or against the rules of the economy!

Bitcoin is a growing space for creativity and there are business opportunities that also contain risks. There is no guarantee that Bit Coin will continue to grow even though it has developed at a very fast rate so far. Investing time and resources in anything related to bitcoin requires the spirit of entrepreneurship and adventure. There are multiple ways to make money with Bitcoin, such as mining or daily trading (speculative) or buying new currencies based on the Bitcoin. All of these methods are competitive and there is no guarantee of profit. It is up to everyone to make an appropriate assessment of the costs and risks associated with each project.

If you'd happened to buy 1000 of BTC when it was about 1$, you could become a millionaire.
I understand that you warn people from speculative need to be a millionaire out of nowhere just for hours.

[Bobcrypto]

Yes! Even currently, you can still be a millionaire if you invest wisely in one of these many good project that has been lunched, or better still, investing on these good projects already lunched on various exchanges. I agreed that people who invested on Bitcoin 6yrs ago are now millionaires today, and likewise also, if you invest on some these good projects that are just $1 or $2 market price; who knws, you could as well turn a millionaire tomorrow. In crypto anything can actually happened, those that has becomes crypto millionaires never thought of it then, but they have successfull story to tell.

[gabteb]

Yep you could if you bought 1000 BTC in 2010 for example yep its very simple as others did then ,others lose as they thought 10$ is good price.

[Noobaru]

A lot of people already did, but do not speak of this, because of obvious reasons. I think it is still not to late, but I guess the minimum amount of investment for that would be around 10k$. That's how I see it. By millionaire I mean owning at least a million, so 2 comma club. 

[Bit]

I don't know "if you can become a millionaire from BTC or not". Learning the market situation recently, it will be difficult to determine the benefits by investing in BTC. Maybe it is possible, even the chance is not really high. It depends on how your strategy in trading BTC.   

[ComeBack]

For me YES! Bitcoin will really going to make me millionaire someday. Bitcoin already changed some people life here in our country but it will really going to depend on you if you will be a millionaire on not.

[moonking]

It's still possible, ether did extremely well and started low.  All the coins that were released after bitcoin have potential I think, especially non ether ones, and contract coins.  It will take time for them to get there though, might not happen overnight.

[jings009]

Yes, you can become a millionaire on Bitcoin, like the recent year there are too many become a millionaire at that time, look Erik Finman says that's enough to invest in cryptocurrency. this teenager guy at the age of 12, Finman used a $1,000 gift from his grandmother to buy his first bitcoin and by 18, he became a millionaire. He currently owns 401 bitcoins, which equals $3.4 million at a rate of $8,512 a coin.
more here: https://www.cnbc.com/2018/02/02/bitcoin-millionaire-says-this-is-how-much-to-invest-in-cryptocurrency.html

[densuj]

Yep you could if you bought 1000 BTC in 2010 for example yep its very simple as others did then ,others lose as they thought 10$ is good price.

Yes but for right now it was gine, we can not takes it back in my personal opinions the only one chance to be millionaire from digital coins, we must buy alternatives coins which has good potential in the future for long term investment, it will takes small amount of money investing in alternatives coins or ICOs projects than makes investment in bitcoin right now.

[Alpha]

Better to have something to expect than nothing to expect. To believe in something is more applicable to make it as an inspiration to move forward. To become a millionaire is possible in hard work and more time.

[Crypto Guard]

Everyone has the opportunity to become a millionaire in crypto currency. Crypto is a great investment right now. Already millions of people can change lives after joining crypto currency to invest in bitcoin. And you also have opportunities for that.