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Topic: Crypto is not a get rich quick scheme - page 4. (Read 23403 times)

full member
Activity: 493
Merit: 100
March 17, 2019, 06:23:09 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

yes I agree with you. crypto is not a get rich quick scheme by hoping that crypto prices will always increase every year. crypto is an alternative financial system that can also be used as an investment tool. and every investment tool always experiences increases and decreases. so we have to be wise in investing to keep calm and be patient when the crypto market is down as it is now.
member
Activity: 530
Merit: 10
Revolutionizing Crypto Payment Solutions
March 17, 2019, 06:11:02 AM
I'm one with you I'm taking advantages of getting as much as many top altcoins in the market, cryptocurrency is not a get rich quick scheme, in fact the temptation is very high to sell whenever there is a price increase of the coins you are holding, you need patient and great control of yourself to sell at the right time.
Imagine not as good as reality, to get results from Cryptocurrency we need the process and struggle to get it so it is not easy.
It takes patience because to get results we have to be patient because it's not as fast as imagined to get results.
maybe many of them are rich with Cryptocurrency, but they have struggled so hard that they can make a lot of money.
hero member
Activity: 2926
Merit: 567
March 17, 2019, 06:03:51 AM
I'm one with you I'm taking advantages of getting as much as many top altcoins in the market, cryptocurrency is not a get rich quick scheme, in fact the temptation is very high to sell whenever there is a price increase of the coins you are holding, you need patient and great control of yourself to sell at the right time.
full member
Activity: 686
Merit: 100
March 17, 2019, 05:27:25 AM
yes absolutelly right, but in fact crypto was long term investment, if you want get rich quickly through crypto, you will be end of get poor quickly.
If a man wants to get rich quickly in cryptocurrency, it's like playing the lottery. But to invest in the long term, you also need to apply some knowledge.
because lotteries and investments are indeed very different even though they look the same.
in investment we must know the ins and outs of the project or the coins that we will make investments and also estimate and weigh everything.
we also have to be patient in order to make a profit and that is different from the lottery that only relies on luck.
full member
Activity: 476
Merit: 100
March 17, 2019, 04:44:29 AM
yes absolutelly right, but in fact crypto was long term investment, if you want get rich quickly through crypto, you will be end of get poor quickly.
If a man wants to get rich quickly in cryptocurrency, it's like playing the lottery. But to invest in the long term, you also need to apply some knowledge.
sr. member
Activity: 714
Merit: 251
March 17, 2019, 04:17:06 AM
A lot of individuals heard about Crypto and Bitcoin in 2017 and rushed in. Bitcoin prices skyrocketed to over 20k usd but alas when the market retraced, the newbies jittered, developed weak hands and dumped their coins. Many have left the crypto sphere after the disappointment. I urge newbies to always read vast on any investment choice they are about to make in crypto because, its indeed not a get rich quick scheme
member
Activity: 518
Merit: 21
March 17, 2019, 03:36:35 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
HOw come many are complaining about its market price huge fall down? I know that cryptocurrency is not all about earning a fast and easy money but since most of the users here are after money then it could also encourage others to be the same. Once market price fall of them will just sell their holdings and that is what you meant as weak hands.
full member
Activity: 644
Merit: 100
March 17, 2019, 03:18:38 AM
I agree, but now the crypto world probably has many who know and many feel the results that have been obtained so many people think that cryptocurrency is a quick way to get rich, if you want to get rich with cryptocurrency for now you have to be patient because prices aren't like the beginning
jr. member
Activity: 448
Merit: 2
March 17, 2019, 02:47:07 AM
This matter has been deliberated on on several occasions where many newbie and money driven souls think they can hop into crypto and pull a quick cash and become rich in a sec. They forgot they live in a world of certainties and Uncertainties. Alas they became disappointed after the last market crash and they feel disappointed and left
hero member
Activity: 817
Merit: 506
March 17, 2019, 02:46:30 AM
I agree with you because the process here is also quite long, many people want to quickly benefit from cryptocurrency but it really takes time to get it, it can't be fast
full member
Activity: 378
Merit: 105
MoonDeFi
March 17, 2019, 02:42:03 AM
I really agree with you, only people who are not ready for the crypto world will say that Crypto is dead, they only see the negative side of the crypto world, but they forget the history, I think the conditions are still quite stable, we can not only compare the conditions of bitcoin from the beginning of 2018, but look at the whole history.
member
Activity: 630
Merit: 13
March 17, 2019, 02:00:21 AM
yes absolutelly right, but in fact crypto was long term investment, if you want get rich quickly through crypto, you will be end of get poor quickly.
sr. member
Activity: 1162
Merit: 258
1xbit.com
March 17, 2019, 01:47:01 AM
There is no shortcut in any investment, high risk and high profit is what you are looking for if you want an investment with quick profits but also understand the risks that you will get in the investment scheme.
sr. member
Activity: 2156
Merit: 323
March 17, 2019, 01:46:38 AM
During the period of excitement, when the price of bitcoin artificially increased, many came to the investment market for fast money. Now there are professionals and optimists. Investing is a long thought-out process. We have a great future in this market. Must learn.
Well, everybody has their very own considerations, yet accept or not crypto is still exist and long approach, it will take time and which make a decent opportunity to believers and holders. You bought crypto on very high price, however at this point again you get an opportunity to buy it again to reduce your losses.
jr. member
Activity: 1162
Merit: 1
Base.protocol
March 17, 2019, 12:56:14 AM
Yes it is not but relative. I have seen friends make so much money from crypto that you did be surprise. The exciting part is that they were introduced just 2 weeks around the bull run of 2017/2018 a friend made 56k$ with 1k$ in just over one month. That money was enough to start off a very good business.
full member
Activity: 532
Merit: 101
March 17, 2019, 12:40:46 AM
During the period of excitement, when the price of bitcoin artificially increased, many came to the investment market for fast money. Now there are professionals and optimists. Investing is a long thought-out process. We have a great future in this market. Must learn.
hero member
Activity: 966
Merit: 507
March 16, 2019, 11:55:59 PM
It is actually easier to get poor than to get rich in crypto. Caution is needed.
hero member
Activity: 1638
Merit: 505
March 16, 2019, 09:41:54 PM
Agree, when indeed people want to get rich quickly with cryptocurrency it is wrong because there are so many risks here and if we are wrong, we will get a loss, many people are easily trusted with the hyip model with the bitcoin method as payment
full member
Activity: 588
Merit: 100
March 16, 2019, 09:27:25 PM
Crypto can be become solution to change our life better in short times but we should have strategy and risk management. There are only 2 trend of this market, that is bearish and bullish and this always changed all the times, so we should be make invest in to crypto when the price cheap and wait patient for bull market, in bull market very possible to make profit 10 to 20 times just in afew month and this return will change our financial.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
March 12, 2019, 06:39:31 PM
Your topic is absolutely true in most of the time cryptocurrency will not give the huge income for anyone to get the profit and to be rich in very short period of time so this will be the way of money making not the way of Getting Rich for being richest person you need to be work more intelligent with a smart thoughts.
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