Crypto is not a get rich quick scheme - page 37.

hellyah070

copper member

Activity: 196

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Quote from: olabiyijummy02 on November 28, 2018, 01:31:51 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

Basically, it took a month to earn a 200 dollar money in joining bounty campaigns at this moment. It is very hard to earn money and if you think joining cryptocurrency will going to make you rich overnight, do think of it as a stock market where there is always a risk bound to it.

cattano

sr. member

Activity: 616

Merit: 250

For everyone that already understand how cryptocurrency work, everything will be fine even when the condition is like these days.
But for everyone new in this world, it can be a nightmare with the market turning red all over the coins.

ecnalubma

sr. member

Activity: 1540

Merit: 420

www.Artemis.co

Crypto is not a quick rich scheme unless it is “pumped and dumped”. Some people enter this space just to make a quick buck and disregarding the fundamentals of the projects.The reality is we all do after profits but instead of focusing of yearly spike I’m more bullish on development and adoption which will drive the price solid in long term.

kynaz

sr. member

Activity: 1078

Merit: 250

http://unidapp.app

Quote from: ?? on ??

Same here. Though I am at $10k loss, I am not worried. In the first place, being worried or anxious does not make things any better.

I have huge bag of coins and bounty tokens so I am waiting for the market to return. While waiting, I will find something else to do.

I agree with you . Do not focus more on this market and should divide the right time to be able to make more money. I also participate in the bonus campaign but this is just my side job to earn more income. Personally, I only see this market where people speculate making money in this market is very difficult

elloco4ever

sr. member

Activity: 623

Merit: 262

That's right, people are very hunger to rich in a real quick time. Crypto is for those who have a lot of patience, a lot of new comers in this forum invest and expect a good return in few months. In case if the market is bearish they quickly get panic and sell in hurry, in crypto it will never workout if things go like this. Patience will always give you a better result in every aspect.

malibubaby

full member

Activity: 546

Merit: 107

Quote from: olabiyijummy02 on November 28, 2018, 01:31:51 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

Here in crypto, you just need to hold it for a long time to see the profits of your capital. Some investors are like kids and they just need to get quick profit for holding their coins for like a days or week. I bought bitcoin when in the bull market like $15000 but I am not worried for the price now. Just hold it and never sell it at loss because I believe, in the long run I will get high profits for my investment.

sixexgames

full member

Activity: 406

Merit: 100

One Social Network

Especially at the end of last year a lot of people got involved in crypto for the wrong reasons. Crypto can make you a lot of money, yes... but it holds a lot of promise for the future. I got interested in crypto after I heard about Ethereum and I thought it was an amazing sounding platform that could revolutionize many things.

cryptothreads

hero member

Activity: 1274

Merit: 500

Quote from: maxilopez on November 29, 2018, 08:00:04 PM

I think the opposite: cryptocurrency is the fastest way to get rich and make money

Of course people often come to this market because this is an investment channel that can make a lot of money in one night but its risk can be huge. Everyone likes this risk because everyone wants to be richer

odranoel

member

Activity: 602

Merit: 10

Maybe Crypto is not a get rich quick scheme because we will work with it with determination, hard work and of course patient, that's why not quick but a long term makes you more profit here but not immediate or hurry selling but hold.

Sarisang

sr. member

Activity: 784

Merit: 250

If you already see the potential result of crypto, it will consider this. many have said worse about the incident on the crypto because they are still hesitant and yet believe. many of them are just new people coming into here just want to enjoy instant results. and perhaps there are also people who intentionally want to create panic in the market.

marufnang

sr. member

Activity: 728

Merit: 250

Quote from: olabiyijummy02 on November 28, 2018, 01:31:51 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

That is indeed correct, we can't really say that crypto is the way to get a quick rich thing. In crypto everything is about patient and to always learn.
Even though there is a chance that we could gain an easy profit sometimes. but we can't say this is the best way to get rich quick.

Debonaire217

sr. member

Activity: 644

Merit: 364

In Code We Trust

Quote from: olabiyijummy02 on November 28, 2018, 01:31:51 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

Though the market in the present and past few months doesn't really show that much positive vibes. It depends on the person on how he will perceive the market situation. some see it as opportunities and some see an ending to it. But the one's who succeed perseveres.

bitcoinsc

jr. member

Activity: 439

Merit: 1

Quote from: bellamente on November 28, 2018, 10:56:39 AM

I think December 2018 is the best time to buy Bitcoin and other cryptocurrencies. Within 2-3 months you will receive a profit of 100%.
do you believe me? I will buy bitcoin in December

100% gains but yu do realize there going to dump and when is it a good time to dump on the market

maxilopez

jr. member

Activity: 210

Merit: 1

I think the opposite: cryptocurrency is the fastest way to get rich and make money

Impaler

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CryptoTalk.Org - Get Paid for every Post!

That is a very wrong and common maybe the most common concept in crypto cirreny. After last year when Bitcoin is at the high people thought the price of Bitcoin always go up and give profit. So they enter in the middle of a bull run or maybe a hype. So who are new start to think that they will be rich overnight. So they invest in a a hype they lost starting money but they still don't want to stay in this market. That's how the whole market wall.

Huntler1993

member

Activity: 462

Merit: 13

That is what many are refusing to accept. Probably for me its absolutely true. You can't get rich overnight if not then eradication of poverty would have long been dealt with. Getting rich with crypto is process which demand time depending on how the market is. So just relax and be patient.

eidoscore

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STABILA [STB] - Decentralize The Financial System

Quote from: andongdanisi on November 28, 2018, 02:30:41 AM

I am not a trader looking for quick profit, but the impact of the market downturn is huge. I have about $12,000 in cryptocurrencies in my wallet. I have purchased them for more than four months, but now they are worth less than $3,000. I want to know how long you can endure such a market when you have more wealth.

you're not alone for lossing the value of our asset, like my asset are reduced because in altcoin, from $15,000 now the value of my asset is going down to $800 this is so sadly when i saw my wallet value Cry

carrascos

jr. member

Activity: 154

Merit: 1

Count on the fact that in order for you to earn you will have to wait at least 3-4 years. only through patience can you make good money

CarnagexD

sr. member

Activity: 1498

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Leading Crypto Sports Betting & Casino Platform

Quote from: bellamente on November 28, 2018, 10:56:39 AM

I think December 2018 is the best time to buy Bitcoin and other cryptocurrencies. Within 2-3 months you will receive a profit of 100%.
do you believe me? I will buy bitcoin in December

A well stated positive statement! Yes, i agree with you, Crypto is not a easy get rich scheme, some people enter into investment with very limited knowledge about Crypto market, some are just persuaded by friends during the time that the Market having Bull run activity. But neglect to make some personal learning on what, how, when to make such good market investment, that the reason why they have such posting, anyway, let's continue to work by learning the market, making some adjustment while the market is on the way to recovery...good luck..

Olalomi

member

Activity: 490

Merit: 12

I believed some early adopters made some fortune in fact became millionaire late last year invariably making some people to makes such statement that crypto are get rich quick scheme however recall some investors who bought at the peak with the hope that the price will hit $50K unfortunately a bearish market took over thus resulted to massive losses this indicates that Cryptos are not get rich quick scheme.

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