Topic: CRYPTO IS NOT A GET RICH QUICK SCHEME - page 2. (Read 655 times)
Yep many people they think if you have a knowledge in crypto you will be ritch they not think about how to hard to be profitable in crypto on mistake and all of your fund will be gone. Ihate people they think of me iam ritch beacuse of crypto they not how to profit daily its so hard
Who doesn't want to get rich quick , rich people are still looking for income to get rich, so the conclusion is getting rich requires a process if something is instant it's luck and things like that are very rare, CRYPTO can be said to be a get rich quick scheme and poor, remember the risks that have an impact very high can profit and loss
I don't know why people come to the crypto world and hope that they can be rich instant. Maybe they see videos or read some articles about being rich because of crypto. But, although people can be rich from crypto, they also have passed so many obstacles and also experiences both bad and good. That is why they have been passing so many things and being richer is not an instant way. they need certain processes and if you are not ready with the process, you will not get the worth of crypto. You may find difficulties in the crypto world, even though you may have very big profits in your first trading or investment in crypto, you may be lucky. ut luck will not come several times. Better to learn at first and try your best to invest or trade in crypto. not only expecting to be rich quickly
It isn't really that difficult to understand why that happens, a great deal of people have the dream of obtaining great wealth during their lives but at the same time it is not as if they are willing to work hard for it, so when they see the advertising that promotes bitcoin or the market of cryptocurrencies in general as a way to get rich quickly they do not even think about it twice and they just buy it.So they come to the market without making any kind of research about whether those statements were true and they try to make their dream come true, they fail and complain about it, at that time we try to explain to them that their vision of the market was wrong but they refuse to listen to it and try over and over again to make their dreams come true in that way only to fail spectacularly.
I don't know why people come to the crypto world and hope that they can be rich instant. Maybe they see videos or read some articles about being rich because of crypto. But, although people can be rich from crypto, they also have passed so many obstacles and also experiences both bad and good. That is why they have been passing so many things and being richer is not an instant way. they need certain processes and if you are not ready with the process, you will not get the worth of crypto. You may find difficulties in the crypto world, even though you may have very big profits in your first trading or investment in crypto, you may be lucky. ut luck will not come several times. Better to learn at first and try your best to invest or trade in crypto. not only expecting to be rich quickly
Currently, there are still many people who think that the last way to get rich quick is to invest in crypto so that there are many crypto paradigms that can make us rich quick, although there are also those who do it with luck and many also experience large losses during their initial investment in Crypto so they stopped to do it again but basically when we want to make any investment then the main thing is to research the product so when we start investing it is calm and also requires a process like you said.
crypto was good place for long term investment as long as we buy correct coins or projects but all of this could not make us rich only in a night or short term periode, alot sacrifice will take especially about lossing money in market. take a look people around us that invest in crypto , did they stopped or continue their journey in this market. only investors that continuesly keep research and observe in every project will get their success. 
The fact that the market gives you the opportunity to make a profit on a daily basis cannot cause anyone to object. And only our mistakes do not allow us to fully realize the possibilities. Respectively, your profit directly depends on your knowledge.
Agreed, and another fact everyone won't be lucky to be rich out of cryptocurrency in a short. Even in this bear market someone might be lucky to turn rich out of cryptocurrency. With cryptocurrency we should think of luck, rather we should keep ourselves focused on facing the worse of the market. This will let us to have a strong portfolio which can make us rich someday. 
The fact that the market gives you the opportunity to make a profit on a daily basis cannot cause anyone to object. And only our mistakes do not allow us to fully realize the possibilities. Respectively, your profit directly depends on your knowledge.
There are testimonies about people getting rich overnight or over the weekend when they get involved in cryptocurrency. Like people who are quick enough to invest in a pump and dump project. They maybe shit project but we cannot deny the fact that pioneer investors get 1000x+ profit. I don't say it is good, but that is how the altcoin market move. Sadly, those who are late in the party suffers a huge loss in this kind of crypto project.
What I mean is there is always two side of the story, one can say it is a get rich quick because they earn 1000x to 10kx profit during the shitcoin venture while many have lost trying to duplicate those success story and lost a lot instead.
What I mean is there is always two side of the story, one can say it is a get rich quick because they earn 1000x to 10kx profit during the shitcoin venture while many have lost trying to duplicate those success story and lost a lot instead.
Most newbies think Bitcoin is a get rich quick scheme, that's why most of them get scammed whenever they join the crypto space, most newbies have bad orientation when joining cryptocurrency, they believe immediately you start cryptocurrency, you start making money which is very wrong. I believe one coin can change your live which I always recommend bitcoin, but you will need to have enough patience, you will have to learn to hold a coin for long term if you are expecting a very good profit.
And most of them has been influenced by someone who also think the same way, people who manage to earn thinks that they can repeat the same outcome of people who they convince to invest with them, it should be replaced and make sure that when you try to inform someone about this venue of investment, make sure to provide all the details, not only the potential of earning money but most should be about the potential loses.
It' should be aware that it's not a venue to shortcut for your richness but a venue to learn more about the potential.
a learning process that will bring good outcome only if you will keep enhancing your strategy.
You can't deny the 'get rich quick scheme has introduced many new investors into the market. Some of them don't want to learn about crypto, about how it works. But there are the others that try to learn the stuff. I think they're the 'good result' come off from it. Good or bad doesn't mean much to me as long as there is a good result like that.
Most newbies think Bitcoin is a get rich quick scheme, that's why most of them get scammed whenever they join the crypto space, most newbies have bad orientation when joining cryptocurrency, they believe immediately you start cryptocurrency, you start making money which is very wrong. I believe one coin can change your live which I always recommend bitcoin, but you will need to have enough patience, you will have to learn to hold a coin for long term if you are expecting a very good profit.
To attain your objective you should work hard and focus more about your yield. If you wish to become a victorious trader in crypto so you should just buy strong coin and never think that it will rise in a second and you will become moneyed. It requires time, you should carry coin, wait to get high, face your dropping and accept it, also try your best for another way to get success, and have forbearance . So in this method you can be a good trader and you can attain what you really wish to get.
In fact, investing is a very difficult thing. Those who invest on one of the good coins have a chance to get a lot of profit. But those who have no idea about crypto will not be able to profit even after trying thousands of times because investing requires a lot of knowledge So those who want to get rich by investing have to work hard and know a lot about this. Then he can benefit a lot. But it will take a long time to know about this. Then you can be a good investor.
Most of the news about cryptocurrencies is an investment that can provide a big profit of up to 1000x in a short time, of course many people have already received big profits, those who hold eth, bnb, matic, hex, doge and so they become new rich people because of fantastic price increases in 2021.
If you are currently hoping to invest in that kind of profit, I think it will be difficult because of unfavorable market conditions.with a bear market it's better not to have high expectations,
what is clear is that we need to be realistic in our expectations
Most people not only lose money trading, but also lose money on meme coins like flokidogeElonApecoin. The best way to make money investing is patience and persistance. That's why I am invested long term in projects with real world utility and fundamentals, like $XRP and MAXX finance. MAXX rewards you the longer you stake with higher APY and XRP will have liquidity pools that people can use like Uniswap to earn extra money.
In the beginning cryptocurrency was a get rich scheme; when it was unknown to people, people knew few about its possibilities and there were lots of uneducated and inexperienced investors. But the time has passed, cryptocurrency has developed and grown in size. The money has spread on thousands of projects and ideas, which makes it impossible to get huge investment multipliers. I think that even with time, we wont see "getting rich" cases anymore. We would see people earning a lot only.
That's the thinking of ordinary people who aim to want instant wealth, even though users who actually have experience will not necessarily become rich suddenly, because they hide the joys and sorrows of playing crypto, at least following a process that can make you rich, because you consistently know crypto will see the experience is not mere lust..
Unfortunately that is a majority of altcoin investors. They think that they could get rich by investing into small cap stuff which they named "gem" themselves and then it will go 10x and make them rich. That's not how it works and that is not what they are going to make their money with.It's fine though, I do not think that it would be easy for anyone to make money like that, we shouldn't be really focusing on what they could do, just let it be something small and we would be doing fine without looking at them. I have been around them all this time and yet invested into large coins like bitcoin at the top and made money from it and that is fine for me.
Currently, there are still many people who think that the last way to get rich quick is to invest in crypto so that there are many crypto paradigms that can make us rich quick, although there are also those who do it with luck and many also experience large losses during their initial investment in Crypto so they stopped to do it again but basically when we want to make any investment then the main thing is to research the product so when we start investing it is calm and also requires a process like you said.
Many things are possible in cryptocurrency and it doesn't take long to get rich. Most people want to invest today and become rich tomorrow, but they forget that everything requires patience.There is no way to get rich tomorrow by investing today. Market performance is very important in cryptocurrency, but also which coin you choose to invest in.Good coins will always give good profit, so choose good coins. It can actually be one of the ways to get rich but it is time consuming. The volatility of getting rich has turned into greed, so long term investment without greed will lead to success.
I agree nope consider crypt a get rich quick scheme people who look for dubious get rich quick schemes have been richly rewarded 8 to 9 out of 10 get rich quick schemes are scames mlm lottery tickets algorithmic trading leveraged trading ponzi schemes etc Crypto is not ponzi yet it's become a less risky asset than the dollar ther community is constantly trying to deceive you into not selling and pumping your bags so they may dump them on you take profits as needed maybe crypto will be a long term investment like equities but not yet.
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