Crypto is not a get rich quick scheme - page 27.

basyang

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Quote from: olabiyijummy02 on November 28, 2018, 12:31:51 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 am agree with you, its not right to always say that cryptocurrency is dead because of the down fall of it. Its normal because at the first place its volatile so we do not need to say it. Sometimes because of the topic like that some people losing their hopes and immediately panic selling. As long as you can join in any bounty campaign. You should enjoy snd see if its salary is mouth

Nastinmel

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Quote from: ghermghuda on January 02, 2019, 02:19:18 PM

That's correct. Crypto is no get-rich-quick venture for all of us and those who have experienced the different types of bull runs can testify to that. Crypto has been through many price fluctuations and if you think you can get-rich-quick overnight tgen you can also lose overnight. Steady growth is the best option.

I'm sure you'll more likely lose all your money than make some. Many positive factors should come together, and you need a lot of courage not to be greedy and withdraw your profit at once.

shoreno

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Quote from: AndRE177 on January 02, 2019, 03:49:20 PM

Quote from: adamreb on January 02, 2019, 01:31:07 PM

I am also disappointed by the fact that more than half of all market participants considered cryptocurrency to be just a great way to get rich quickly. In fact, you can and should earn income here, but the crypto market has completely different goals.

Cryptocurrencies were originally created for the replacement of fiat money. However, why not earn it? The possibility of earning and made cryptocurrency so popular.

Cryptos werent made as a replacement for fiats but they were an alternative option and specifically built for online purposes . though yeah i agree that it is really profitable thats why many people think that is an easy money but those times are only on the past where cryptos values are still higher . right now , cryptos are not really profitable anymore but they can still be useful for other purposes most especially for paying/buying .

WalterGarrison

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Sure it's not. Take a look how much time takes for teams to create thieir projects. For example AdEx. They created almost a year ago. But still keep making it beteer and update different protocls. Wth a such huge work that have been done, they will sure reward all the users in a future. Team is very open and great.

pisston

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Quote from: AndRE177 on January 02, 2019, 03:49:20 PM

Quote from: adamreb on January 02, 2019, 01:31:07 PM

I am also disappointed by the fact that more than half of all market participants considered cryptocurrency to be just a great way to get rich quickly. In fact, you can and should earn income here, but the crypto market has completely different goals.

Cryptocurrencies were originally created for the replacement of fiat money. However, why not earn it? The possibility of earning and made cryptocurrency so popular.

if the situation in the cryptocurrency market gives you the opportunity to make good money, then it would be foolish not to take advantage of this chance. In any case, if new projects are really promising and in demand in society, then such ideas bring profit not only by the investor, but also by the trader and participant of the Bounty companies.

AndRE177

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Proof-of-Stake Blockchain Network

Quote from: adamreb on January 02, 2019, 01:31:07 PM

I am also disappointed by the fact that more than half of all market participants considered cryptocurrency to be just a great way to get rich quickly. In fact, you can and should earn income here, but the crypto market has completely different goals.

Cryptocurrencies were originally created for the replacement of fiat money. However, why not earn it? The possibility of earning and made cryptocurrency so popular.

zhekinsp

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★777Coin.com★ Fun BTC Casino!

Quote from: MirclIX on January 02, 2019, 02:12:17 PM

Cryptocurrencies are no longer a scheme for your rapid enrichment.
To make a profit from cryptocurrency you need to put a lot more time and effort than before.
A very important role is now played by your knowledge in this area as well as the ability to predict the ups and downs in the volatile cryptocurrency market.

Nothing in this world,is going to make you rich very rapid.You need to have much efforts on what you are doing to get richer but as you told it will take time and lot of patience.

anatolij.shishkin

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Quote from: olabiyijummy02 on November 28, 2018, 12:31:51 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

Well, you can not deny the problems that exist. Yes, of course, such giants as Bitcoin will undoubtedly grow. But what about the new projects. Their growth is difficult to predict. The chance that this year there will be a large investment in cryptocurrency is small.

adzino

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www.Crypto.Games: Multiple coins, multiple games

Quote from: MirclIX on January 02, 2019, 02:12:17 PM

Cryptocurrencies are no longer a scheme for your rapid enrichment.
To make a profit from cryptocurrency you need to put a lot more time and effort than before.
A very important role is now played by your knowledge in this area as well as the ability to predict the ups and downs in the volatile cryptocurrency market.

No longer a scheme? It was actually never a scheme to get rich real quick and people understood this the hard way. Once people saw the price starting to rise rapidly during the end of 2017, people started to invest as much as they can. And then boom.... the crash got them real hard. Hope they actually learned their lesson.
And people should never consider this as a form of getting rich real quick. They should see it as an opportunity to financial freedom.

ghermghuda

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That's correct. Crypto is no get-rich-quick venture for all of us and those who have experienced the different types of bull runs can testify to that. Crypto has been through many price fluctuations and if you think you can get-rich-quick overnight tgen you can also lose overnight. Steady growth is the best option.

MirclIX

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Activity: 392

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Cryptocurrencies are no longer a scheme for your rapid enrichment.
To make a profit from cryptocurrency you need to put a lot more time and effort than before.
A very important role is now played by your knowledge in this area as well as the ability to predict the ups and downs in the volatile cryptocurrency market.

adamreb

member

Activity: 434

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I am also disappointed by the fact that more than half of all market participants considered cryptocurrency to be just a great way to get rich quickly. In fact, you can and should earn income here, but the crypto market has completely different goals.

mega_carnation

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Quote from: HichemFetoui on December 20, 2018, 04:32:58 PM

sure and punish everyone think that crypto is like that as you see a lot of newbie lost money in 2018 long term is the key in this market you need to trust your holding

We're not on 2010-2013 of crypto days anymore. During those days we can compare and say that its likely going to bring you riches in the future.
And those holders need to wait for more years before they can taste the sweetness of profit.

South Park

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I am terrible at Fantasy Football!!!

Quote from: lrvjvt on December 20, 2018, 02:46:26 AM

It is this fast-growing mentality that has caused crypto to lose this year, too many speculators are flooding into the market, and everyone is trying to get a slice of it from this market. But the cake is limited，the people who can get the cake are a minority, and more people are dead.

Even if the year of 2017 was very good in terms of growth and profits, that year was terrible in the sense that people got entitled, they thought they could buy any coin and make profits without any effort, but the truth is you need to analyze the markets in order to tell when it is the best time to buy and many of those that earned money during those months did not developed that discipline and now they complain they cannot get profits as easily as before.

HichemFetoui

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sure and punish everyone think that crypto is like that as you see a lot of newbie lost money in 2018 long term is the key in this market you need to trust your holding

NLO

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MenaPay - Crypto made easier than cash

Quote from: dimb on December 20, 2018, 09:18:39 AM

Cryptography in the first place is a hard permanent job, and only then it is a way of enrichment. But you must understand that in addition to enrichment, you can lose everything invested.

You should never invest all the money in the which you don't know very well. It's risky.

wanted sliter

member

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totally agree!
the more you guys want to get rich from this market, the more money you lost for it!
most of people join this but had no knowledge about blockchain, how market operate....

sudeshkumar

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THE ENERGY EFFICIENCY PROTOCOL

Indeed I totally agree with you , there is lot of discussion about the pricing of the coins ,as per your statement percntage of the price rise was 1000% and lost only six hundred percentage means the prices are still inflated and correction is bound to happen ,after all crypto is a currency not a money growing maching .

crzybilly

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I am on your side and truly believe that only those people who are able to hold for several years would reach something in this industry. People that are here for fast profit have already quitted the market for a long time.

moon sorcerers

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Sovryn - 300-500% APY on USDT Deposit

many people are too panicked to see the current market conditions, and think that crypto has ended, we must change the mindset that crypto promises wealth instantly, because in reality it requires knowledge and experience and hard work to be successful in crypto

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