Topic: Crypto is not a get rich quick scheme - page 31. (Read 23403 times)
Yes, definitely true. Crypto business may give you earn big profit but not rich quick scheme, although there were bitcoin investors get rich but not as quick as they can, they have experienced struggle, patiently wait for the good timing for trading and selling to get more profit.
absolutely right, more like a gambling, you choose to invest in some project, perhaps thats project goes well and get profit from invest on that, or will be loss because the develop of the project was bad.
it certainly is not. if you have a weak heart and expert an avalanche of cash here, better look somewhere else.
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?
You are right, cryptocurrency is not a scheme of rapid enrichment, here as elsewhere it is necessary to think, develop strategies and analyze, gradually gain experience. The market will begin to grow, but today it is too early to hope for it, now is the time to think about investing, prices are low enough. 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?
Although bear market at the moment. I also find it unbelievable if someone says they can become wealthy overnight. However, the number of people is very small, I think only 1/100 people at the present time can be like that
Well I have seen many people becoming rich is a manner of days and weeks last year. I could be one of them, but unfortunately I was greedy and did not sell my bitcoins at the peak last year. However I am still hope full that one bitcoin will again reach 20,000$ and then we can fulfil our dreams.
You are right, because there is a very serious price manipulation in the cryptocurrency market, which is very dangerous for ordinary investors.
This has something to do with the time of purchase. When you have a good cryptocurrency market, it is very likely that you will make a lot of money when you sleep, but it is very difficult to make money during the long-term downturn in the cryptocurrency market.
Very logical, I really like the explanation in this thread. Where most people complain and think this is the end of cryptocurrency, this review is a bit calming, like an oasis. Btw, for those who understand the cryptocurrency ecosystem will definitely remain calm, price increases and decreases are normal.
we are still at the stage of becoming a cryptocurrency market, therefore such corrections are normal and there is nothing strange in this
For many people, cryptocurrencies are only a way to make quick money and it is not strange that they earn on cryptocurrencies, since I believe that last year they created so much hype for this purpose.
The power of crypto can't be underestimated. Crypto could be seen as a get rich scheme when the market is green, it can make u rich within a twinkle of an eye, in the sence that it could double your investment,on the other hand i can agree with you by accepting it is not a get rich quick scheme,because now that the market is red, you make profit by a long term hodl. This requires patience and understanding how crypto works.
Although bear market at the moment. I also find it unbelievable if someone says they can become wealthy overnight. However, the number of people is very small, I think only 1/100 people at the present time can be like that
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?
i am sure that whatever is going on witht he market, has good reason and will have good outcome. nothing in this world is going to live according to our expectation, we have to adjust ourselves to this world 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?
in the most of time crypto - it is about holding, it not so popular in the world and also need to take some time to popularise it
Personally, I believe that the crypt is not a means of rapid enrichment, but it is a means of permanent stable income. And in the future, I believe that even shops will open where you can buy everything for a crypt. And there will also be banks so that the crypt is filled and stored there. And it can even be taken on credit. These are the prospects that await us in the future.
Cryptocurrency can make you poor very quickly. In order to become a rich person, you must make a very big effort in this market.
Interesting discussions. But many people think that its a quick way to become millionaire. But HODL will be highly beneficial in my opinion too.
Too much people wanna get rich in a day. Too bad they scare people when they scream how crypto is dead. Market is fine.
Yes,it is definitely not and no other investment have quick rich scheme as well so you need to face all the situations if you want to make money from your investment.But when comparing other investment the crypto are more risky but more returns too but it maybe luck based investment too.
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?
You are right but many only see cryptocurrencies as a way to make money fast, they do not really care about the market and they are not here because they are interested in the technology or the changes that a technology like bitcoin is going to bring to society in general, so when they see the market going down they lost any reason to be here and in a way it is better that they leave the market, that way only those that truly care about cryptocurrencies will remain. 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?
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