crypto Currency is making people millionaires all over the world - page 13.

ManavKalyan

member

Activity: 65

Merit: 10

Freedom

Quote from: gayan777 on October 16, 2017, 09:37:08 AM

2020 millionaires all over the world Grin

That would be great.. But there are more hurdles to cross and battles to be won (some legal ones..in court)...
We need to be solid as a community and not give into FUD..

It can happen and we need all of us to believe it!

allthingsluxury

legendary

Activity: 1540

Merit: 1029

Quote from: BrewMaster on October 16, 2017, 09:45:23 AM

no, not all!

what you see is the price going up, but that does not mean people are becoming millionaires because of it.
although many have been and will continue to make profit but there will always also be a lot of others who will always continue to chase their own tails.

we have seen multiple times, people who buy on top then panic sell after things turn a little grey for their taste. like when price went above $4000 the first time, they waited and waited until price was on top and then bought at $4700+ and when the correction began they waited and waited and panic sold at $3500.

the market filled with panic sellers will only have some millionaires who become that because of the panic sellers Wink

Unfortunately, this is the nature of mankind and the markets. Fear of losing, is much greater than the joy of winning. There are whole books in the gambling community dedicated to this.

onurgozupek

hero member

Activity: 1319

Merit: 593

In #Bitcoin me trust

Being millonaire in crytocurrency world is not that difficult. It depends on how much you love to take risks... If much, voila! You are a millionaire when you are 24

Lamisa asfiya

member

Activity: 242

Merit: 10

hum.i also think so.because crypto currency (like btc,altcoin) are more profitable. people can earn extra money by this.most of the important thing is that,it's have a bright future and the price is growing with time.for that,people can earn much from crypto world and make themselves millionaires.

BlackPanda

legendary

Activity: 1414

Merit: 1001

The fact is that more and more people have become rich. they get a much better life after getting to know bitcoin, it's the same as what I experienced. now I can make my family happy and also realize my dreams. bitcoin is a miracle because it has changed many ways of life in this world for the better.

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

Quote from: cng- on October 16, 2017, 09:49:29 AM

honestly though, not even 10% would be able to cash out completely without collapsing the prices.

10% of what? of total bitcoin amount? that is 1,670,000BTC that is 9.2 billion dollar. if you dump that much money on ANY market, it will crash and burn to the ground. it is not just bitcoin.

besides, such crash and burn will be temporary. earlier this year, it was some bug or a whale's bot that went crazy and dumped bitcoin on an exchange and crashed price to $0.10. guess how many minutes that price lasted before going back up?

cng-

newbie

Activity: 23

Merit: 0

honestly though, not even 10% would be able to cash out completely without collapsing the prices.

Anonylz

hero member

Activity: 2562

Merit: 577

I think that there are a little bit more than 2020, they are too little, and i saw a notice a few weeks ago that there were more than thousands of millionaires and billionaires because of bitcoins and cryptocurrencies in general.
But because of this, a lot of people are making false hopes that they will be millionaires by only holding 0.10 bitcoins, and it is full of those people in this forum.
And i am getting tired of it, i dont know.

barlingo

newbie

Activity: 26

Merit: 0

test

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

no, not all!

what you see is the price going up, but that does not mean people are becoming millionaires because of it.
although many have been and will continue to make profit but there will always also be a lot of others who will always continue to chase their own tails.

we have seen multiple times, people who buy on top then panic sell after things turn a little grey for their taste. like when price went above $4000 the first time, they waited and waited until price was on top and then bought at $4700+ and when the correction began they waited and waited and panic sold at $3500.

the market filled with panic sellers will only have some millionaires who become that because of the panic sellers Wink

gayan777

member

Activity: 420

Merit: 11

2020 millionaires all over the world Grin

Topic: crypto Currency is making people millionaires all over the world - page 13. (Read 3976 times)