Topic: Crypto is not a get rich quick scheme - page 12. (Read 23384 times)
Crypto is the talk of every lips, just that some people fear to admit being involved with crypto in the public because of some government restrictions. I do know it's here to stay.
Yeah that is absolutely right. New people come with a mindset that they will enter the market buy something and they will be millionaire overnight or in few days. They think about this market is only made of profit. So they start investing without any kind of knowledge and they failed after sometime and leave the market with great loss. Those who are new to this market always keep in mind that knowledge bis the only thing which you can make profit inthis market so always do some research on your on before investing in this market.
Well, right from time, I know that cryptocurrency is not a get rich quick scheme and it will be very good of us to always preach this message to those we are bringing into the business so they don't come with that mindset as well and be ready to hodl for long should in case there exists bear in the market that is lengthy as the current one we have been experiencing.
Thanks.
Thanks.
Cryptocurrencies are not a scheme for making quick money, but you also can't deny that it's quite real. I think that when the bull market comes, people will again start investing all their last money to get rich quickly, this is the psychology.
And then you must watch bittorrent ico and how early investors have made 8x instantly. When bullmarket comes and then those speculators will be rushing crypto again and we are still waiting for that momentum to happen in the future.
Cryptocurrencies are not a scheme for making quick money, but you also can't deny that it's quite real. I think that when the bull market comes, people will again start investing all their last money to get rich quickly, this is the psychology.
The cryptocurrency market has changed a lot lately. Once upon a time, crypto really made it possible for quick earnings for many people.
There are still many opportunities to make fast profits but now the risk that you need to take to try to get those profits is absurdly high so many like myself are not really ready to take such huge risks, so if you want to have profits similar to what you could get when we were in the previous bull market your only option is to wait until those conditions present themselves again, something that most likely will take a lot of time. 
Crypto for me is a long-term investment, for that if we really want big profits, then we should be patient to wait. Since crypto first arrived, crypto only experienced a high price increase in 2017, meaning that it took quite a long time at that time where at the peak many people got huge profits in 2017. If we miss the year, it means we still have to be patient to wait for the next few years to expect a high return on crypto prices, because crypto is not a scheme to get rich quick, but a long investment that we have to wait in patience.
A lot of people are getting to cryptocurrency in that to get rich quickly but cryptocurrency does not work like that it is not a get rich quick scheme and if that is your aim then you probably lose a lot of money so be careful about the project you investing and always set your goal before investing any project either it is long term or short term.
I think you say wise things. But not everyone wants to analyze the market and get the necessary knowledge. For most people, it is easier to listen to someone else's opinion or to commit an act, because of which they will lose their money and be disappointed in the cryptocurrency. You should understand that bullrun has passed recently and the market needs time for correction. But you have to be patient and just wait it out.
Its never a get rich quick investment, just because it skyrocket like few hundred % within a few months, doesn't mean it can last like that forever
This also caused a phenomena where people see it and take it as a scam hmmm
This also caused a phenomena where people see it and take it as a scam hmmm
There's generally 2 type of people in crypto. One who is in it entirely for the profit and those that want to see real adoption and tired of the existing market implementations.
I am totally sure that crypto isn't a fast scheme. For me it seems like a long term scheme where you have to work and find new more profitable ways!
That's how I see into it!
And you must see the latest ico that called BTT and how it gives those early buyers a huge money instantly. If the early buyers were putting a lot of money and it has already got 4x from initial investment. If you can get such a good project that can make you rich instantly dude. That's how I see into it!
Crypto can be a get rich quick scheme and a quick poor scheme. for those who have made huge profits from Crypto, they will consider Crypto is rich quick scheme, for example like those who have long been in the Crypto world. Crypto is a quick poor scheme, if people choose the wrong strategy, mostly experienced by newbie people (end of 2017) who only want to get rich quick, just buy and sell.
Definitely cryptocurrency is not a get rich scheme. what people needs to know and understand is that cryptocurrency is just a digital currency like any other physical fiat. Its just a means to exchange goods and services for. Just like physical fiat, you can invest into cryptocurrency but that does not grantee you on becoming rich. The market price of it keeps changing but that is not a get rich quick signal. Its just like the currency we use to buy things.
Crypto is a quick become beggar scheme for those who believe that it is a quick rich scheme. Why the hell you believe crypto as a money making machine.
many people believe that crypto is a moneymaker. because until now we can get money from crypto. but the rich or not matters depend on personal people, because rich is certainly a process and it is impossible to get rich right away. all it takes the process.
it's good if you still believe in crypto potential because people like you are really needed by the market, the more people like you, the greater the chance for crypto to recover, imagine if everyone was pessimistic and left crypto crypto would completely dead according to the predictions of most people.
This is not the end for cryptocurrencies, but it is clear that the market will continue to fall and its decline has become one of the longest. I think that the market will be able to revive only in the 4th quarter of 2019.
Yes, you are right. Crypto is not a tool to be rich within a month or year. Crypto like a lottery, if you win the lottery then you will have a great opportunity to be a rich man within a few months! If you are able to become a real crypto enthusiast and expert then crypto can support you forever.
I am totally sure that crypto isn't a fast scheme. For me it seems like a long term scheme where you have to work and find new more profitable ways!
That's how I see into it!
That's how I see into it!
I thought the majority of our community has already understood that this is not the best way of how to get a millionaire within several hours. Work hard pays off and you need to make a lot to reach success in our industry.
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