Topic: CRYPTO IS NOT A GET RICH QUICK SCHEME (Read 655 times)
Everyone wants to be rich and live a prosperous life. It should be considered as a perfectly normal thing for people to approach cryptocurrencies or other investment instruments with these thoughts. But it should not be forgotten that only those who are patient can have the opportunity to change their life one day. Bitcoin investors in the past are full of examples of this. Also, getting rich quickly can cause our character to deteriorate. Immature people cannot bear wealth.
only patience and endurance can help increase your balance.It is important to understand that by buying one or two coins you will not get rich in any case, you need start-up capital, it seems to me that the times when any token can shoot have passed.And we need knowledge without them now nowhere.
No man, patience is not enough. You can even hold your asset for so long but if you were not taking any opportunity and then you will always be missing the pump. this may make you feel so damn bad missing opportunity to sell at the peak price. That's ever happened in my life and im really regret it. I think that you must also watch market. In my opinion if anyone was also aware about that. Selling at the high price must become anyone's dream
Everyone wants to be rich and live a prosperous life. It should be considered as a perfectly normal thing for people to approach cryptocurrencies or other investment instruments with these thoughts. But it should not be forgotten that only those who are patient can have the opportunity to change their life one day. Bitcoin investors in the past are full of examples of this. Also, getting rich quickly can cause our character to deteriorate. Immature people cannot bear wealth.
Agreed on the fact cryptocurrency is a way to make yourself rich. For the same patience is much required. Most of the time users get into the market hearing the words of other people. This won't work all the time. One needs to understand and then make the investment. Just because cryptocurrency investment brought big profit for the person next to you, it doesn't mean you'll also experience the same. 
only patience and endurance can help increase your balance.It is important to understand that by buying one or two coins you will not get rich in any case, you need start-up capital, it seems to me that the times when any token can shoot have passed.And we need knowledge without them now nowhere.
No man, patience is not enough. However, in facing this market situation, it is not enough with only patienet. We must be responsible for what we have been doing, making our own responsibility, getting better to survive during this crash market, and also getting the right strategy due to this recent situation. It means that patience can suport us in the term of investment strategy and resonsibility
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.
Thats probably the case. Many people engage themselves in crypto because they think its easy to earn here especially during bullrun season wherein majority of coins are soaring high including meme coins.They became interested to join the hype and not aware of the risk. Having no knowledge and didnt see the bearish season to come thinking coins are only moving upward. This is the reason why many investors experience losses, buying at peaked price and panic selling after bullrun is over. Imvesting in crypyo is not really a rich quick scheme, but the good thing about experiencing to lose is, you realize what your mistake is and learned a lesson from it to do better the next time you invest.
But, you know how you could be a millionaire? Just invest for 20 years, as much as you can, and you will end up with some kind of profit in the long run, since bitcoin is a long term thing.
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
It all depends on their individual nature, how they manage their finances when they get something in crypto, for example opening a business like a small cafe, selling clothes and others, if you think crypto is a place to be rich, I think it's just the thinking of ordinary people who have ambitions , and without knowing the risks in the crypto world, so that's why many people are disappointed with crypto, because they don't want to ask people who are experienced in Crypto..
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.
Thats probably the case. Many people engage themselves in crypto because they think its easy to earn here especially during bullrun season wherein majority of coins are soaring high including meme coins.They became interested to join the hype and not aware of the risk. Having no knowledge and didnt see the bearish season to come thinking coins are only moving upward. This is the reason why many investors experience losses, buying at peaked price and panic selling after bullrun is over. Imvesting in crypyo is not really a rich quick scheme, but the good thing about experiencing to lose is, you realize what your mistake is and learned a lesson from it to do better the next time you invest.
People who got tricked by scam developers or being introduced by friends and only the good side of crypto has been introduced, but the other side, they are not aware about the risk. There are people who think that crypto can bring them fortune and change their lifestyle in a much quicker way,. Not realizing that in most cases, there are more people who losses their investment not just a little amount but huge amount of money because they've got lack of knowledge about this investment.
Well in equilibrium in order for one to get a huge amount of money, someone must give the same amount. So in the case of cryptocurrency, it is indeed proven in some cases that crypto might be the tool to get rich quick scheme since there are lots of traders who got rich overnight because certain shitcoins pumped hard but on the other side of that story, there are lots who losses huge amount of money because they end up bag holding worthless cryptocurrency. But if we wanted to avoid losses, we must not think the crypto is a get-rich-quick scheme but rather a get-rich-in-marathon way scheme, since it is safer to buy Bitcoin and hold it for the long term.
And figuratively speaking, it's more on the developers or early takers who mostly manage to compensate that huge, especially those times where hypes / pumped really active around this industry.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
I think all investments carry some risks, with crypto leading the list, but we have a larger risk appetite.
I have also invested in cryptocurrency, but I would prefer it if the government regulates it, so that the privacy concerns are addressed. With talks of a central bank digital currency, I feel crypto can become very significant.
Even though the cryptocurrency market is at its record low now, Rajagopal Menon, Vice President, WazirX said that there is no indication that millennials are moving out of crypto, infact he highlighted that the number of users within the age bracket is intact.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
It isn't but many people still treat it like it is. There are ways for quick returns but they are few and far between. More likely than not any of these high risk high reward projects are mostly just scams disguised as a good opportunity. But as long as there is greed people will continue to pile into these things hoping and praying.
People never understand it unless they became a prey for a scam. We can't deny it can make a person rich, but the same needs to be done with the proper research and study. Being rich through cryptocurrency investment happens, but people expect to experience it overnight.
Nowadays in the name of cryptocurrency many scams were targeting common people. One of my friend had plans of saving his money in fixed deposit. Someone have suggested to invest into cryptocurrency and he doesn't know anything. Now he's in loss and he don't know what is happening. A person handles his funds, such things should not happen.
Nowadays in the name of cryptocurrency many scams were targeting common people. One of my friend had plans of saving his money in fixed deposit. Someone have suggested to invest into cryptocurrency and he doesn't know anything. Now he's in loss and he don't know what is happening. A person handles his funds, such things should not happen.
Yup but just like fiat, cryptocurrencies can be used in both good and bad ways of making money.
For example, Forsage scam is using "ETH" as front for their networking ponzi scheme claiming that it's their "main product". This is where most of us get misinformed whereas if a coin was used for a scam opportunity, they would just generalize it as scam.
I have encountered some people before that they're trying to make me stop sharing something good about Ethereum because it's a scam from Forsage. I just simply educate them about ETH's real use cases and fundamentals rather than being used as a front for various get rich quick schemes
For example, Forsage scam is using "ETH" as front for their networking ponzi scheme claiming that it's their "main product". This is where most of us get misinformed whereas if a coin was used for a scam opportunity, they would just generalize it as scam.
I have encountered some people before that they're trying to make me stop sharing something good about Ethereum because it's a scam from Forsage. I just simply educate them about ETH's real use cases and fundamentals rather than being used as a front for various get rich quick schemes
People who got tricked by scam developers or being introduced by friends and only the good side of crypto has been introduced, but the other side, they are not aware about the risk. There are people who think that crypto can bring them fortune and change their lifestyle in a much quicker way,. Not realizing that in most cases, there are more people who losses their investment not just a little amount but huge amount of money because they've got lack of knowledge about this investment.
Well in equilibrium in order for one to get a huge amount of money, someone must give the same amount. So in the case of cryptocurrency, it is indeed proven in some cases that crypto might be the tool to get rich quick scheme since there are lots of traders who got rich overnight because certain shitcoins pumped hard but on the other side of that story, there are lots who losses huge amount of money because they end up bag holding worthless cryptocurrency. But if we wanted to avoid losses, we must not think the crypto is a get-rich-quick scheme but rather a get-rich-in-marathon way scheme, since it is safer to buy Bitcoin and hold it for the long term.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Of course it is not a get rich quick scheme. But still some people think that they are going to be rich over night by investing in crypto currencies. They invest and when they see the price fall a little, they panic sell and then starts saying that bitcoin and other crypto currencies are a scam.Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
The worst are the people that invest in scam/shit coins after seeing the price get pumped. They literally lose everything they invest and encourages those developers to scam more people.
People who got tricked by scam developers or being introduced by friends and only the good side of crypto has been introduced, but the other side, they are not aware about the risk. There are people who think that crypto can bring them fortune and change their lifestyle in a much quicker way,. Not realizing that in most cases, there are more people who losses their investment not just a little amount but huge amount of money because they've got lack of knowledge about this investment.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Of course it is not a get rich quick scheme. But still some people think that they are going to be rich over night by investing in crypto currencies. They invest and when they see the price fall a little, they panic sell and then starts saying that bitcoin and other crypto currencies are a scam.Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
The worst are the people that invest in scam/shit coins after seeing the price get pumped. They literally lose everything they invest and encourages those developers to scam more people.
People who got tricked by scam developers or being introduced by friends and only the good side of crypto has been introduced, but the other side, they are not aware about the risk. There are people who think that crypto can bring them fortune and change their lifestyle in a much quicker way,. Not realizing that in most cases, there are more people who losses their investment not just a little amount but huge amount of money because they've got lack of knowledge about this investment.
Oh at this point I can't say that I'd agree or disagree with your statement or not, cause in fact many people could really get rich from investing in crypto, especially at the beginning of the crypto popularity rise. When bull season happens, seems like all tokens/coins could give you profits even the trash ones could make you rich. The crypto world keeps many surprises and that is what makes it interesting. However, I can agree with you that now, we need to be more careful and patient with the market. Many things have changed and we need to develop along with the maturity of the market. We need to be more selective and cautious since all seems more difficult right now.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Of course it is not a get rich quick scheme. But still some people think that they are going to be rich over night by investing in crypto currencies. They invest and when they see the price fall a little, they panic sell and then starts saying that bitcoin and other crypto currencies are a scam.Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
The worst are the people that invest in scam/shit coins after seeing the price get pumped. They literally lose everything they invest and encourages those developers to scam more people.
...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.
For a beginner, the main task is not to lose his initial capital, which he is ready to spend on cryptocurrency, before he can independently assess the market situation. Since the temptation to make a profit quickly, without having knowledge, will necessarily lead to its loss.
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
Yes, I agree with you that crypto and investing in it can achieve rocket profits overnight, but the risk of it is catastrophic, as the dream of getting rich quickly is one of the most important reasons for the loss of beginners in this field because they invest unconsciously and without realizing that they may go bankrupt if the market turns red, wealth requires patience, as a person can buy from the bottom and hold his coins until the bull run, and also luck is among the reasons for getting rich because not all investors in cryptocurrency are rich, but there are different opportunities, luck, and investments. 
We all have different definitions of being rich and maybe when they say rich, they don't totally mean to have millions of dollars on them so what they are saying is very possible. It is truly possible to earn quick profits here in crypto. Other than short term investing and trading, theres also gambling which allows anyone to earn quick profits but that may not really be advisable since the risk in gambling can be much higher than two crypto activity.
do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
And why not? Being an early bird has a perk if it's a brand new project. It ensures that the price is still cheap once you get it and when many people find it out, that is the time for the project to grow more in value but personal research is a must and not by only depending on those influencers. Let's be guided...
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.
Yeah indeed it is not a short way to get rich, but i think i understand why many people think like that.
Im sure the people who familiar in crypto were witnessing many coins were skyrocketing in the past.
The volatility of cryptocurrency is very high, so the price can change anytime with significant amount of change.
Im sure the people who familiar in crypto were witnessing many coins were skyrocketing in the past.
The volatility of cryptocurrency is very high, so the price can change anytime with significant amount of change.
Crypto is not a get-rich-quick scheme.
but from crypto we can change life and fate by investing or trading.
but it is not easy to be able to achieve the dream of changing lives from crypto because there are many great risks in it and it requires a process that is not short, trust, persistence and strong determination are the main factors needed when entering the world of cryptocurency.
but from crypto we can change life and fate by investing or trading.
but it is not easy to be able to achieve the dream of changing lives from crypto because there are many great risks in it and it requires a process that is not short, trust, persistence and strong determination are the main factors needed when entering the world of cryptocurency.
It is not also always profitable to hold. You need to have a proper knowledge of the market situation. Otherwise whales will eat your assets, and you won't even have a clue. Crypto is a long term investment plan, but people all over the world are also earning from day trading. You just have to find the best way that suites you. Use your knowledge and everything is possible.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Usually, a trader comes to such correct conclusions only after he loses his deposit for the first time. And this is difficult to fix, since for most people cryptocurrencies are associated with getting fast and easy money. I hope your deposit is safe.
As I grow further in crypto knowledge, I get to find out that crypto projects don't make someone rich overnight. It requires patience to see a project succeed in crypto. A legit project can't promise you richness in a short period, knowing full well how volatile the market can be.
A project that has so many paid Influencers shilling its project does turn out to be a scam. It has nothing to offer. Avoid them so that your hopes won't get trashed
A project that has so many paid Influencers shilling its project does turn out to be a scam. It has nothing to offer. Avoid them so that your hopes won't get trashed
I strongly agree with this, that crypto is not a way to give and get rich quick. If anyone thinks so I guess it is the wrong one. Actually, any investment and anywhere is not a way to get rich, it's more about managing money so that you can make a small profit. There is a lot of risk in it, therefore it is recommended to use money that is specifically devoted to investing.
Cryptocurrency is now widely known all over the world. Why people are so encouraged here? Of course there are some reasons. Cryptocurrencies are the most volatile currencies in the world. There is no obstacle in its upward and downward movement. By investing here, many have got beyond their expectations which they never imagined. On the other hand, the fear of losing is very high. However, without having proper knowledge investing any assets and the hope of quick profit is a sign of losing your assets. 
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Should already be a common mindset but unfortunately, that's not always the case.
Sometimes people really need to experience being in a tough spot or being lost just to understand that putting money in crypto is not a joke.
I just hope that those who experienced the worst will soon bounce back and be better people or investors next time.
There is no better advice than experiencing it yourself. we also had such a misconception, lost a lot of money on shitcoins, and altcoins just because we want to get rich quick. Then we realized that cryptocurrency is not an easy place to make money as we imagined.
The market is full of harshness and pitfalls, you will only lose much more money if you have no knowledge of this market.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
I agree in your statement, but i don't in the title, because many people change their life because of crypto, maybe some not, but many have been benefits about it, Yes it is a Get rich quick, if you know the right method and timing you can change your life through it.
Definitely, Cryptocurrency is not a get-rich-quick scheme but many scammers and fraudulent companies take advantage of the people's greed to get their money and exit scam quickly. The created project under cryptocurrency especially those groups who take advantage of the trends and buzz words often convey to the investors that crypto is a get-rich-quick scheme shouldn't be supported because these projects often end up as a scam or make investors suffer a huge loss.
If people didn't become greedy, those projects wouldn't be able to scam them either. It is investors' greed and eagerness to get rich that make them victims of such scams. If everyone has prior knowledge to enter the market and invest seriously, slowly, no scam projects will be created.
The scammers have seen the greedy scheme of investors, so they took advantage of that loophole to create scam projects that hit the get-rich-quick mentality of investors.
Whereas most scammers use the same methods to deceive investors, but because there are always investors who are greedy and very obsessed
with big profits. So in the end there are always investors who become victims of fraud. That's why it is always recommended, especially for newbies
to learn correctly about the crypto world, before finally deciding to invest in crypto. That's because there are so many frauds in the crypto world,
which takes advantage of the lack of knowledge of some investors and also the high level of human greed. Because if we know how the crypto world
works and can control our greed, we should realize that crypto can not get rich instantly. It takes quite a long process and also patience until finally
we can become rich from crypto. So avoid if there are other people who offer investments in new projects that promise big profits in a short time,
it is a sign of deception.
Should already be a common mindset but unfortunately, that's not always the case.
Sometimes people really need to experience being in a tough spot or being lost just to understand that putting money in crypto is not a joke.
I just hope that those who experienced the worst will soon bounce back and be better people or investors next time.
In the end they will know to invest in the right coins and don't want to get stuck on get rich quick scheme coins, but unfortunately many beginners find it difficult to bounce back after losing from bad coin investment, but if they bounce back then they are experienced to invest in top coins and Avoid investing in coins with high risk of loss. Sometimes people really need to experience being in a tough spot or being lost just to understand that putting money in crypto is not a joke.
I just hope that those who experienced the worst will soon bounce back and be better people or investors next time.
Definitely, Cryptocurrency is not a get-rich-quick scheme but many scammers and fraudulent companies take advantage of the people's greed to get their money and exit scam quickly. The created project under cryptocurrency especially those groups who take advantage of the trends and buzz words often convey to the investors that crypto is a get-rich-quick scheme shouldn't be supported because these projects often end up as a scam or make investors suffer a huge loss.
If people didn't become greedy, those projects wouldn't be able to scam them either. It is investors' greed and eagerness to get rich that make them victims of such scams. If everyone has prior knowledge to enter the market and invest seriously, slowly, no scam projects will be created.
The scammers have seen the greedy scheme of investors, so they took advantage of that loophole to create scam projects that hit the get-rich-quick mentality of investors.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Should already be a common mindset but unfortunately, that's not always the case.
Sometimes people really need to experience being in a tough spot or being lost just to understand that putting money in crypto is not a joke.
I just hope that those who experienced the worst will soon bounce back and be better people or investors next time.
Yes, cryptocurrencies have so many great potential and possibilities for everyone's life but with anything there are huge risks as well. Just like any other investment opportunity, cryptocurrency has its own pros and cons. Smart investors will take all these factors into account before taking any final decision. I believe that investors who are more aware and cautious of their investments might not fall prey to scams. People should also try to become more vigilant and less greedy, because it is our greed which makes us ignore the red flags.
Depending on your plans and goals on why you are investing, it's still vital that you know that reasoning to get behind and reach your destination in the longer term. Investing in various coins isn't enough unless you have a lot of money in the bank to support or something that would make it worthwhile. I think it's essential to buy continuously on a project that you believe in and would have actual application in the world, not just show.
like this, trading in crypto is very risky, so we also have to have a strategy so that we can get rich, get rich in crypto if the bull market is easy, just buy the altcoin you like, and hold it, then you will be rich,
but if bearish arrives then you will lose all your profit
Definitely, Cryptocurrency is not a get-rich-quick scheme but many scammers and fraudulent companies take advantage of the people's greed to get their money and exit scam quickly. The created project under cryptocurrency especially those groups who take advantage of the trends and buzz words often convey to the investors that crypto is a get-rich-quick scheme shouldn't be supported because these projects often end up as a scam or make investors suffer a huge loss.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
It would be nice if more people had the same thoughts as you but unfortunately your message is drown in a sea of misinformation, and this is not the only problem, what you are saying is something people do not want to hear, people want to believe they can come to this market and make a fortune easily, we know that is not true but that is what they want to believe and it is going to be impossible to convince them from the contrary as scammers are out there feeding those illusions to those people as they know they are the ones they can scam easily out of their money. Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Since joining cryptocurrency, many may start rushing to find that treasure. What exactly is crypto? I think It is the result of long-term perseverance. Here investment in good assets can get good results after a period of time but there is no specific time frame. There is a high chance of losing your assets considering it a get rich quick scheme. So it is not good at all to think anything more.
Who ever thought Crypto-currency is a quick financial freedom gateway probably should not be here. The Jetski way to losing in Crypto-currency is believing you would or should Always win. I don't care if you are a short term or long term holder or are you a trader or an investor, once you believe you can't lose then you start to go down trust me. Crypto-currency is that volatile and if you don't master it's season you probably won't get it right here.
I think that getting rich through crypto depends on the strategy that each person adopts. For example, traders may be lucky in the new currencies and gain large profits as a result of a sudden rise in the price of one of the currencies. Also, long-term holders can get large profits over time, and by looking at the Bitcoin price chart, for example, it is certain that many early users have become wealthy if they have never used their currencies.
They are all relative and there is no clear way for any user to become rich using crypto. Many use crypto for daily transactions and not for other purposes.
Not really sure though, but I believe, the next bull run will be massive with a good capital
Yes crypto is not a get rich scheme but if a newbie comes into crypto space let say bull market they can be lucky enough to make insane amount of money, but yes I never regret that I came when a bear market is alive, I knew the difference and understand the process better, patience is the key.
Depending on your plans and goals on why you are investing, it's still vital that you know that reasoning to get behind and reach your destination in the longer term. Investing in various coins isn't enough unless you have a lot of money in the bank to support or something that would make it worthwhile. I think it's essential to buy continuously on a project that you believe in and would have actual application in the world, not just show.
Thank you for reminding me, to be honest I've known crypto for a long time more or less 7 years ago, if I had done this long ago I might have become a rich person, but unfortunately I'm too easy to switch to altcoins that have a momentary hype, even though I get profits but to be honest , it's all not worth it if I hold bitcoin since the beginning of knowing him.
Crypto which is a way for us to get bitcoin and at the same time learn to trade on exchanges, that's why over time a lot of crypto cryptos have sprung up, in order to lure investors to invest and there are lots of lures that are presented to get wealth instantly, but the opposite is true. actually happened. and that's where the scammers in or scam projects pop up...
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
That explains why many are falling for the scams out their. They want to invest 20$ and get 20000$ the next day. This will never happen and any project that promises that will end up as scam.
Key is patience and knowledge.
Cryptocurrency investment could be profitable but seeing it as a shortcut to getting rich would be the wrong mindset. It always has risks and might not be successful at times. There's a huge possibility that we could also lose all our assets. It could make a person rich only if he knows how to do with the marker's volatility and is willing to face the challenges of long-term investment accompanied with the right choice of coin.
The interesting thing is many heard crypto is a gold mine after seeing or hearing their friends or acquaintances make it big. So if they invest all they have and it dumps, then crypto would automatically look like a scam to them. No research or checks would be done
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
They only see people who get rich when invest in crypto, that's why they want to do it too, when in reality we use crypto to transact between individuals and other business people. For holders it is also not easy we have to be patient in holding every bite, people who trade in crypto market are also not always lucky, yes indeed agree holding 3 coin is more than enough, especially if every month of investment. Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many people don't realize or understand that crypto is not a get-rich-quick scheme. Unfortunately, they hear many stories from people, especially on social media, telling them they can get rich by investing in crypto. This is what makes people out there interested and start investing in crypto with the hope that they will become rich people too. This mindset needs to change and people out there need to understand that there is no get-rich-quick scheme but they have to work to get rich.Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Let's hope these people realize it and think twice before they invest in crypto so they don't go astray. They need to learn more about crypto before they start investing in crypto.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
Well it has definitely not been a get rich scheme for me so far
. I agree with you though that many are entering the crypto market with completely wrong and exaggerated expectations. Of course it is possible that you will find the gem project that will make you a x100 or maybe even more of your initial investment but the chances of finding that one project are very slim because there are just so crypto projects out there now. If you are new to the market then the chance of picking the right projects are probably even slimmer because you maybe will still follow the advice of crypto influencers that are just shilling their sh*t-coin to you. 
Rushing to get what they want is a nature of humankind that you can never deny and only a few of them are patient at the time when things are not going their way. In that case, crypto investment is not for them if they wanted to make profit as soon as possible because the crypto is not like that and if they want a proof, they can just see the history of altcoin miners where they started with nothing and just patiently holding the coins of their choice until it raises their price for them to sold it and earned some decent amount of income. This is how it works, it requires some wait and not some overnight changes.
Yes you are right about that, if you want to get rich with crypto for now it probably won't be possible, because currently the bear market is still dependent on crypto exchanges. But if you want to force yourself to buy and you can determine what you think is good in the future to choose 1 or 2 options for the ALT you want to buy then you will benefit from what you have invested in the future.
The era of meme coins and the associated hype have contributed to make people think cryptocurrency is a get-rich-quick scheme. Genuine coins/tokens like Bitcoin are actually aimed to grow steadily over time and earn genuine acceptance. Investing in coins like BTC, Ethereum, and the likes takes time to reap its benefits, most cases it takes years. Such investments that take years to yield results are obviously not a get-rick-quick scheme. it is important for those new in crypto to realize that genuine investments may take time to yield results and should not be confused with the hype that goes with some meme coins that only benefit few/project owners who are able to tract the meme coin and cash out immediately, and leaving the other investors at loss.
we are human and of course, it becomes natural if we want to get rich very quick, crypto on the other hand can make you rich but yes that everything need a process. in my opinion cypto can make you rich quickly but also can make you poor in the matter of hour. so yes there is no instant way to get very rich even in crypto
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
I've invested a 1k into a project and made thousands in the five days, if the timing is right yes crypto is a half baked get rich scheme, crypto high volatility is what makes all this to be possible, stock isn't profitable like crypto, in fact nothing is profitable like crypto. Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
actually this is not happening just today, but from days before. they think that crypto is a quick way to get rich. In fact, many people believe that their meme coin could be the same as bitcoin, or even beat bitcoin someday. well, I assume that they are too hasty. even with very little knowledge of crypto, they sometimes dare to invest large sums. sometimes, this leaves them with a deep loss. well, I just hope that we can all be wise and realistic investors. we will never know what will happen to the investment that we have if we do not do in-depth and continuous research on the project. Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
It's a get rich scheme and can apply to everyone, all walks of life can get rich from cryptocurrency. However, it is not a get-rich-quick scheme as many people believe it is.
It's like any other financial market, we want to make money then we need and have enough knowledge, experience and a bit of luck here can help us survive in cryptocurrency. If you don't want to learn, don't need experience and still want to get rich, then crypto is not for you.
It's like any other financial market, we want to make money then we need and have enough knowledge, experience and a bit of luck here can help us survive in cryptocurrency. If you don't want to learn, don't need experience and still want to get rich, then crypto is not for you.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Everything that you can earn here should came from your hard work and your own analysis, this is the real success and if you will just depend on any hype of signal you won't succeed here in the market. Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Trader or investor should really not depend on any influencer though you can get their ideas and analyze it on your own so you can know if they are telling the correct signal or not, again it will still depend on your own analysis. Cryptocurrency can make you rich over time, there's a lot of ways here to become rich and honestly being a bounty hunter can still be a good source of crypto.
I agree with you although the number of coins being kept will grow as you understand more about cryptocurrencies.
Before, I also hold just 3 coins of different projects, mostly the known ones. But now, I cannot even keep up with monitoring every coin I bought, and some accumulated through different means.
Bitcoin, Ethereum, BNB. These 3 will not be gone in my portfolio. Those are the coins that built the crypto world and very soon they will be more valuable as more investors come in.
Before, I also hold just 3 coins of different projects, mostly the known ones. But now, I cannot even keep up with monitoring every coin I bought, and some accumulated through different means.
Bitcoin, Ethereum, BNB. These 3 will not be gone in my portfolio. Those are the coins that built the crypto world and very soon they will be more valuable as more investors come in.
True. Those who want to get rich quick will get rekt very hard during the bear market. People shouldn’t think about the price too much. Bitcoin is very good for sending and receiving money. You don’t even need to invest in bitcoin to able to use it. You can still benefit from bitcoin even if you don’t hold any. People usually miss this fact because most people are in because they only care about getting rich.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
It really is not, a project starts with whitepaper introduction of the project and building a platform to promote it and build a community around it it cannot take overnight to do this, it takes 5 months to one year some longer before we can see actualization of the whole project, and you have to keep monitoring the project to see if it still lives to its potential and your expectation if you are there in the early stage, and you are one of the early birds then you have a chance to make a profit, it still depends on how they perform in the market and your entry point, the time you bought the coin.
Crypto currency is not a get rich scheme,
Yo, most users think like that anyway.Quote
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
Having good level of patience is a virtue, most dont have it and therefore they dont find success in many aspects of life, not just crypto.Quote
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Influencers shilling these projects are an instant no-no. People should learn that most newly launched projects are just short term gains for the owners, marketers and influencers and not the investors. The long term value of any such project is absolutely zero.Quote
Let's be guided...
But who will guide the newbies? We forum members who have learnt the basics should try to make them aware.
You will be overwhelmed if it's like 2 years or more ago. The thought of many not just the newbies was that when they hear crypto, it's all about being rich overnight and a scheme that they can easily take advantage.
But little did they know that this is a typical market just as they knew before and it's hard if they have zero knowledge on it because they're like investing into something that they didn't now.
I think the percentage and statistics of the people that are believing about it as a get rich scheme had gone down due to the bear market too.
But little did they know that this is a typical market just as they knew before and it's hard if they have zero knowledge on it because they're like investing into something that they didn't now.
I think the percentage and statistics of the people that are believing about it as a get rich scheme had gone down due to the bear market too.
Yeah but this is a scheme that makes a poor guy can become a rich guy. That's why people are looking for the new project to invest. The main concern must be on timing to invest. People are investing in the existing token which will not make them all become the next rich person. The quick rich scheme was only for people who are actively looking for hidden gem. I should remind you that those big marketcap coins were also starting from nothing.
Even 1 cryptocurrency is enough to change someone's story, because in fact an investor doesn't need more than bitcoin which still has potential to reach much superior price levels than the one we see today, with the history and reputation no other cryptocurrency can overcome.
But like any serious investment, you need to put your money there and forget for a long time, so you don't feel tempted to cashout it for whenever reason you might be currently facing.
But like any serious investment, you need to put your money there and forget for a long time, so you don't feel tempted to cashout it for whenever reason you might be currently facing.
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Jump to: