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Topic: Crypto is not a get rich quick scheme - page 16. (Read 23403 times)

member
Activity: 598
Merit: 10
January 29, 2019, 05:56:06 PM
Yes, Cryptocurrency is not a scheme to get wealth quickly, because in this world no one is fast becoming a rich person without working hard, so Cryptocurrency is the same, and when prices decline it is better not to panic, because prices will definitely rise again.
hero member
Activity: 1218
Merit: 500
January 29, 2019, 03:55:06 PM
The idea of use case of crypto for me was to use it for everyday needs. That's why I didn't sell it last winter. Sad is that during the year we still have no much use cases for it. I just can pay with crypto for some services.
hero member
Activity: 1764
Merit: 505
20BET - Premium Casino & Sportsbook
January 29, 2019, 03:48:41 PM
if you want to get rich quickly then you should never join crypto currencies because this is not the right place for you. Crypto currency has a long term resolution, so you are wrong if you join crypto currency just to get rich quickly
yes there are no people who are rich quickly, of course all that also requires process and time consuming. if we want to be rich in crypto then we have to be patient and keep trying and wait for the right time to sell it.

It takes longer timeline for a person to get rich, and because of hard work and patience we will see other people or maybe friends that became rich. We might not see their struggles in life but I guess in the long run they've been fighting for the stressful days of their lives just to achieve a good wealth for their families. This crypto isn't like gambling that if you're lucky enough to be a winner, you'll be rich instantly. The probability of quick riches is always there, but in crypto longer termed visions for an asset will make you rich in the future.
copper member
Activity: 224
Merit: 1
January 29, 2019, 03:42:12 PM
Most people see crypto as a get rich quick scheme and I laugh when I hear them talk. I have this friend, from my testimonies he decided to join crypto. But when I went indebt to tell him all crypto entails, he vanishe. Lol
sr. member
Activity: 854
Merit: 250
January 28, 2019, 08:47:15 AM
if you want to get rich quickly then you should never join crypto currencies because this is not the right place for you. Crypto currency has a long term resolution, so you are wrong if you join crypto currency just to get rich quickly
yes there are no people who are rich quickly, of course all that also requires process and time consuming. if we want to be rich in crypto then we have to be patient and keep trying and wait for the right time to sell it.
full member
Activity: 616
Merit: 100
First Islamic Crypto Exchange
January 28, 2019, 08:37:52 AM
Many people came to this market for the purpose of rapid enrichment, and someone did it, but many lost their money
sr. member
Activity: 1092
Merit: 271
January 28, 2019, 08:25:58 AM
At first, we have that very hype attitude that we will be rich by simply entering in the world of crypto. But as months and years goes by, we will have that feeling of maturity on how we will help to make cryptocurrency a source of passive income for everyone.  At that point, helping others is more than precious than having so much money.
sr. member
Activity: 392
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
January 28, 2019, 08:17:59 AM
It really can't get rich quickly.Many people enter this market and have no return.The situation is getting worse now.People are moving away from cryptocurrency.
full member
Activity: 588
Merit: 100
January 28, 2019, 08:07:22 AM
It appeared not so long ago. That is, before a very large number of people who really could show us how to make money through deception, no longer works. Now many investors have become much smarter and take into account their mistakes.
sr. member
Activity: 812
Merit: 250
January 28, 2019, 08:03:46 AM
if you want to get rich quickly then you should never join crypto currencies because this is not the right place for you. Crypto currency has a long term resolution, so you are wrong if you join crypto currency just to get rich quickly
copper member
Activity: 196
Merit: 0
January 28, 2019, 08:02:24 AM
I don't know if I am the only one that is not worried about the market and feel it is doing fine?
I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.


It is only the weak hands that are complaining while the wise are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?Huh
yes the crypto is not a get quick quick scheme but many people consider crypto is get rich scheme.
I think nowadays many people are disappointed with Bitcoin because of that and many of them continue to dream of getting lambo quickly. SAD
sr. member
Activity: 910
Merit: 257
January 28, 2019, 07:48:02 AM
I don't know if I am the only one that is not worried about the market and feel it is doing fine?
I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.


It is only the weak hands that are complaining while the wise are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?Huh

I agree. Maybe before, you can say that it is somewhat like that during the time it was starting, but now, the market is usually at a dire or falling state, if not in a dormant or bearish state, that it's just so difficult to get some good returns. Therefore, if you, as an investor, is serious about the market, you should change your mindset and go in for it with the mindset that it would be a long haul before you can get a return. What's more challenging in this market is the fact that even after enduring the tough times and waiting it out, the chance of you getting a good return from your investment is still not set in stone. These days, it's really just a matter of "holding" on to it. But, if you hit that jackpot, I think it's well worth it.
jr. member
Activity: 255
Merit: 1
January 28, 2019, 03:01:09 AM
I don't know if I am the only one that is not worried about the market and feel it is doing fine?
I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.


It is only the weak hands that are complaining while the wise are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?Huh

you are right though, crypto is 50/50 but if one needs a 100% return, patience is required. It might not be a get rich quick scheme but when it comes, it comes. This year shows no sign of abundance of rain in crypto but it doesn't means that its the end, for the strong fighters we have to hold on because the market right now is clearly unpredictable. This is why from the very start the oldies advised not to put all your hopes on crypto so if you are out there depending on crypto for your daily needs.... hmm is all i can say
hero member
Activity: 1005
Merit: 500
January 28, 2019, 02:59:48 AM
I don't know if I am the only one that is not worried about the market and feel it is doing fine?
I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.


It is only the weak hands that are complaining while the wise are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?Huh
Since the above bull market to the present, it has been more than a year, the volatility of the cryptocurrency market has gradually stabilized. I think that only investors who persist in can get the final gain.
sr. member
Activity: 714
Merit: 253
January 28, 2019, 02:09:23 AM
I think that we still have a long time to wait until the mass price increase. A lot of people left crypto because of the large financial losses. Cryptocurrency will live if we manage to create a good project that will become the gold standard for the  cryptocurrency. And if this does not happen, we will see the speculative market for a very long time.
full member
Activity: 518
Merit: 100
https://saturn.black
January 27, 2019, 11:51:37 PM
I don't know if I am the only one that is not worried about the market and feel it is doing fine?
I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.


It is only the weak hands that are complaining while the wise are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?Huh
You are definitely right, if a person thinks that he will earn a lot of money in a short time, he is very much mistaken, cryptocurrency is not a cash cow, there must be a lot of work and a lot of risk, spend a lot of time and effort
jr. member
Activity: 210
Merit: 5
The Future of Security Tokens
January 27, 2019, 11:08:06 PM
for most people, encryption doesn't make you get rich quickly. u need to learn the basics of encryption. This way you can identify the quality of the coin. You need to know the market changes instantly. This way u can buy and sell at the right time.
member
Activity: 209
Merit: 60
January 27, 2019, 09:23:34 PM
there are other aspects of crypto that are more valuable than chasing the rich over night scheme. crypto in general should be approach to the tech side first and then the price, stabllity over speculations.
jr. member
Activity: 294
Merit: 1
January 27, 2019, 06:54:04 PM
Yes it is true. But still have it at the back of your mind that the main driving and selling point of cryptocurrency is the fact that it can get you a livelihood.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
January 27, 2019, 06:51:22 PM
The situation like now being rich is certainly very difficult because the price of coins continues to decline. Maybe if you are in 2017 you can become a rich person with big capital and a good strategy because market prices continue to increase.


We can not go back in time, but we know that the history of bitcoin prices is repeating itself. So if the scenario from 2015 will repeat - I mean that what happen after correction in 2015, if you buy now, then in a year or two you can become a millionaire.
Not sure about you can be a millionaire from bitcoin quickly and it's not possible. In fact that you must remember about our possibility to become the next millionaire through altcoin but this needs a very long journey because you must wait till it will reach peak price again.
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