Topic: Cryoto Currency can make you Rich, Do you agree ? (Read 110 times)
I 100% agree. invest in BTC, ECHT and some other, and participate in the E-CHAT Bounty, so yes, I believe I can earn enough from it
I have been analyzing coinmarketcap.com and ICO statistics and found out that most coins averagely increase about 1000% within 3 years if they are still alive and trading. I am concluding Crypto currency can make us millionaire if we have patience and hold our penny tokens bought or acquired through bounties for about 3 to 4 years . What do you think of it , do you agree we can be millionaires with patience with crypto ?
For me, it's true that I've gotten dozens of times in return from the cryptocurrency market, so I think that's the right thing to do. 
Cant agree more, the problem here is not about holding, the main problem here is identifying which project is legit which one is not
There a lot of opportunity in making money in crypto, but aside than that there are a lot more possibility to lose it
From scammers, hackers, fake projects, etc
We need some police here in crypto
There a lot of opportunity in making money in crypto, but aside than that there are a lot more possibility to lose it
From scammers, hackers, fake projects, etc
We need some police here in crypto
I have been analyzing coinmarketcap.com and ICO statistics and found out that most coins averagely increase about 1000% within 3 years if they are still alive and trading. I am concluding Crypto currency can make us millionaire if we have patience and hold our penny tokens bought or acquired through bounties for about 3 to 4 years . What do you think of it , do you agree we can be millionaires with patience with crypto ?
Well, the very first thing you have to understand is that it is because those coins have average such high growth that they are on coinmarketcap. Coinmarketcap also is not very accurate! A lot of markets list a coin's starting price from the moment they begin trading or listing on exchanges, but they ignore the price of the tokens during ICO (yes, most of these coins were ICO coins). A LOT of ICO tokens cost people a lot of money, and the price that started on exchanges are much lower than what you needed to pay at ICO.
Another thing, you may be looking at fiat value. Very hard to find coins that grew also in satoshi value.
Coinmarketcap also does not list a lot of coins that failed. That is, abandoned, if you had them, no one would buy them from you even if the price is listed as such. So no, no such thing as guarantee rich.
I have been analyzing coinmarketcap.com and ICO statistics and found out that most coins averagely increase about 1000% within 3 years if they are still alive and trading. I am concluding Crypto currency can make us millionaire if we have patience and hold our penny tokens bought or acquired through bounties for about 3 to 4 years . What do you think of it , do you agree we can be millionaires with patience with crypto ?
That is the most important key, you are right. Patience, patience, patience! If we can really learn to be calm and just wait for some time we will make money eventually. Unfortunately I am not successful on waiting. I need to work on it.
Yes investing in the right crypto-assets can make people rich. No doubt about that!
Of course, here the question is rather , what coins to buy and till what time to hold, but while the market is young , it's all really may just come with the mind
Yes, but it's not a scientific fact that cons will definitely increase by 1000%, otherwise everybody would buy alts and hodl since it would be free money. If you manage to invest early in promising coins and can manage to hodl or trade smartly, then yes, you can make a lot of money.
Sure it is, but the question is can you hold it that long ? and not scare of losing ? long term investment is pretty good if the coin or token it self have future, i mean what they offer as a coin what kind of advantages they have and are you sure its not become death coin in few years.
I have been analyzing coinmarketcap.com and ICO statistics and found out that most coins averagely increase about 1000% within 3 years if they are still alive and trading. I am concluding Crypto currency can make us millionaire if we have patience and hold our penny tokens bought or acquired through bounties for about 3 to 4 years . What do you think of it , do you agree we can be millionaires with patience with crypto ?
Jump to: