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Topic: Crypto is not a get rich quick scheme - page 2. (Read 23373 times)

full member
Activity: 487
Merit: 100
March 20, 2019, 12:59:17 AM
Crypto provides a great opportunity to become a rich person.
Yeap, but it does not give chances to get quick rich.
Quote
No pain, no gain
Easy comes, easy goes
Quick rich, quick poor, I meant. Investors tend to more easily to invest again from their profits, even invest into bad projects. They usually easier to accept projects to invest with their previous profitable investments; then at the end, they might lose most or all of their money.
full member
Activity: 616
Merit: 100
March 20, 2019, 12:40:33 AM
It's not really a get rich scheme if you bought a token n their ICO stage you will have to wait 5 months to finish the ICO and another 3 to  7 months to stabilize the price of the coin, sometimes it takes a year or two to make 100% profit,.

It looks like the results you get will be felt by your relatives or family when you are old. It makes sense to hold the coin until the price gets better in accordance with the expectations you want.
sr. member
Activity: 504
Merit: 250
March 20, 2019, 12:35:22 AM
Crypto provides a great opportunity to become a rich person. It's just that we use every opportunity that exists and use good strategies to generate profits. Being rich in Crypto is certainly not an easy trip. Especially at this time the market price is still very low, but you have to be patient and stay at Crypto.
full member
Activity: 487
Merit: 100
March 20, 2019, 12:07:54 AM
To sum up:
Investors can not get quick rich in crypto.
Instead, they will get quick poor or bankcruptcy in crypto.
To get rich and avoid bankcruptcy, they have to spend significant time and efforts to read, learn, then very careful with their investment decisions.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
March 19, 2019, 05:39:19 AM
I agree with you, many came here for quick money, but they lost all their. That's why people have changed their attitude. And if they could buy a car or an apartment with cryptocurrency, they would worship cryptocurrency.
People see this as an opportunity to make money,in this world everyone want money so they are working hard to make money but still people are not getting rich due to inflation,and crypto currency can be a reason to save people from inflation.
full member
Activity: 504
Merit: 100
March 19, 2019, 05:30:03 AM
Everyone experiences a very different journey in the Crypto world. Many people get rich with Crypto, but there are also people who experience losses and then leave the market. So I think Crypto is indeed a strategy to get rich.
It's all connected.just those people who lose when investing and make mistakes trading on exchanges,help others in the world of cryptocurrency becomes richer.
member
Activity: 574
Merit: 11
HiveNet - Distributed Cloud Computing
March 19, 2019, 05:06:10 AM
Everyone experiences a very different journey in the Crypto world. Many people get rich with Crypto, but there are also people who experience losses and then leave the market. So I think Crypto is indeed a strategy to get rich.
copper member
Activity: 287
Merit: 1
March 19, 2019, 04:54:08 AM

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
This is exactly what I think.  That's why I keep getting a lot of coins at cheap price in order to sell it at a higher price to gain profit.
full member
Activity: 924
Merit: 112
March 19, 2019, 04:30:47 AM
I agree with you, many came here for quick money, but they lost all their. That's why people have changed their attitude. And if they could buy a car or an apartment with cryptocurrency, they would worship cryptocurrency.
sr. member
Activity: 812
Merit: 287
March 19, 2019, 03:59:48 AM
Yes, I completely agree with you, there is such a category of people who are weeping for any reason, they first cry that the crypto currency falls, then they whine that it has risen, and they have all merged at a small price. And I noticed that it does not depend on how many people were in cryptocurrency, some of the experience does not teach, they have such a nature to cry and not to analyze previous experience. You all said correctly and about the correction and about what to wait, I subscribe to all in your words.
member
Activity: 355
Merit: 27
March 19, 2019, 03:30:25 AM
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. 
These are their problems. In fact, many of them came to cryptocurrency to make money quickly, especially not understanding what's what. I myself have a lot to learn in this topic, but I am enraged by incompetent people who think that someone owes them something.
jr. member
Activity: 420
Merit: 1
March 19, 2019, 02:43:49 AM
All these conjectures about the fact that the cryptocurrency can be easily earned began with the moment when the market was actively growing. Even then the scam-projects was growing up, people made a lots of money involved in bounty,in ICO and just investing.
Now the situation has changed dramatically.Free cheese only in a mousetrap.
Cryptocurrency and like any financial instrument requires some knowledge and effort.
full member
Activity: 2142
Merit: 183
March 19, 2019, 12:37:14 AM
A lot of people misunderstand this and as a result they get disappointed. Many people had the conception that crypto is all about getting rich quick but when dawn on them they get disappointed.
Cryptocurrency can be considered one of the types of business, and any business should be approached seriously and with preliminary preparation. Cryptocurrency can not be considered a quick enrichment scheme. Doing it can make a profit, and may deprive the invested funds. Cryptocurrency does not create material values, but only redistributes them. Therefore, there is almost equally profit and suffer losses. This should always be considered.
jr. member
Activity: 378
Merit: 1
March 19, 2019, 12:01:25 AM
yes crypto is not a get rich quick scheme, of course everything has its own stages and not as we imagined. I mean crypto is indeed profitable but when the market is really in good condition in the sense that the price of coins has increased. I think crypto is very unique, profitable but also risky.
sr. member
Activity: 2254
Merit: 258
March 18, 2019, 11:48:33 PM
It's not really a get rich scheme if you bought a token n their ICO stage you will have to wait 5 months to finish the ICO and another 3 to  7 months to stabilize the price of the coin, sometimes it takes a year or two to make 100% profit,.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
March 18, 2019, 09:43:29 PM
Actually I do not only see Crypto as a job, it's a business opportunity every day, sometimes I trade, I participate in some projects, I think that people who see Crypto to get rich, do not understand this world very well, since it is not something simple.

The fact of trading requires reading many books, following news, following the possible movements of the market, to see how you can make a profit, if the focus is on speculation or investment.

Crypto is very broad, many go the way of ICOs, others look for more Airdrops, others just look for gambling. But looking to get rich easily without effort, I think it does not apply in crypto or in any activity. There is a book that I recommend reading, called "We want you to be rich", Kim Kiyosaki and Donald Trump, is a book that teaches how you can look for the focus in your life, how financial education can guide you to success taking good decisions, that book is very good to apply to Crypto, because at every moment we are making decisions that can lead to success.
hero member
Activity: 2268
Merit: 507
Catalog Websites
March 18, 2019, 09:25:47 PM
For some people, cryptocurrencies have become just the same scheme for quick enrichment, but now cryptocurrencies are only a tool for earning, and you should be able to trade well to earn.
Don't boycott the use of crypto's as payment.
Yes, mostly these crypto's (altcoins) are tools for trading.
Because most of them sees it that way due to they don't have use case except for trading.
member
Activity: 518
Merit: 10
March 18, 2019, 09:08:21 PM
That is right crypto is not easy to get quick rich as you dreming of, when you are trader or investors anytime you will might loss you capital or sometimes you will get success here in cryptocurrency.
full member
Activity: 644
Merit: 117
swing!
March 18, 2019, 08:51:23 PM
Well surely it does against traditional way of trading or businesses, so far crypto has the best reward at least for now, yes some crypto might die off over years even those with millions of marketcap over the years, but some would really outperform insanely as there's no limit of how much cash that could flow in when there's hype
sr. member
Activity: 1484
Merit: 253
March 18, 2019, 08:30:15 PM
For some people, cryptocurrencies have become just the same scheme for quick enrichment, but now cryptocurrencies are only a tool for earning, and you should be able to trade well to earn.

Most people see crypto as a means to get rich faster. But to understand this, it was enough to get the BTC from the expensive price, there have been many falls in the last year.
The only reason people turn to the crypto is the volatile price. While playing with pips in others, 5-10 times price increase is possible in here.
The flourishing industry of crypto attracted a lot of people and they see it as a fast way of making money. In contrary, with so much excitement to earn and taking advantage of its great influence and potential, they forget the real essence on how to effectively earn. Many of them know little about the asset they invested in and no research conducted before buying. This technology may not be well understood by consumers and thought that quick money is easy to earn. Crypto opens great opportunities and can potentially change quality of life, but it doesn't happen overnight and it will never be easy. The road to richness is not served on a silver platter, so be prepared and be brave to face failures but don't lose faith. There's no such thing as easy money, it takes patience, self-discipline, focus, strong will, and commitment.
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