Cryptocurrencies will make you rich overnight? - page 9.

tiggytomb

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Quote from: Kimtuyenncth on August 20, 2018, 09:53:07 AM

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

If you are in the right coin at the right time it can definitely make you some decent money, I wouldn't gamble your house on it though because it might not happen overnight.

We are due a good run soon so stocking up on some small cap coins could improve your luck.

Genemind

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Quote from: Kimtuyenncth on August 20, 2018, 09:53:07 AM

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

I think only newbies have this kind of mind set when it comes to crypto investment. If this is true, everyone should have been millionaires by now. One of the reasons why most newbies lose money in crypto is because of this, they think becoming rich in crypto is an over night process.

freedomforever

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When i first come into crypto world, i had dreams to become rich. I waited and i was very patient. But over one year, i have big loss. But i have still hope. I need to be patient and maybe im gonna earn much in one day.

Stervyatnik

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Investing in cryptocurrency carries certain risks, so it is not always possible to immediately become rich!

makishart

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Quote from: loragean03 on November 10, 2018, 06:35:40 PM

Quote from: ropyu1978 on November 10, 2018, 03:01:18 AM

Quote from: Kimtuyenncth on August 20, 2018, 09:53:07 AM

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

this is what makes many new investors complain when they wish to get rich overnight.
forget that it started looking for what you can get in many threads in this forum, there are all kinds here, mining, investment and trade including campaigns. do to gain knowledge so that it can bring profit in any case.

Yes, they think that staying overnight or investing on everything in crypto currency will make them rich, there is no one who got rich overnight. every move we make here in crypto currency has a risk and this will delay our profits and gains, it is impossible that you will get rich overnight here.

Have you watched those people participated in the ONT, OMG and Zilliqa ICO? they have been getting more than 30x return from their investments in over night. it's not only a dream but there are some evidences. I can't even deny if that was only in our imagination.

vasilisc555

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It is only necessary to choose the right coin. If you take last year as an example, it may well be. When there was a very rapid growth of almost all assets.

leea-1334

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Temporary forum vacation

Quote from: fumblingperch on November 10, 2018, 05:59:01 PM

I think in these circumstances, it's likely that the rich will get richer and the poor will lose their money. I still believe that people can make money by investing in crypto-currencies, but seeing how whales are played with the market makes me sad.

Different market but same psychology and same players. To make money you need money, and to make riches in crypto you need lots of crypto. If you want to play the market and manipulate prices and speculate that is. But the poor are usually poor because they have not been part of the financial system. Including them with crypto does not make them any different in actions and behavior. So unfortunately, apart from the lucky few,,, this is NOT a "game" for those who want to get rich quick.

Fedrey

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Quote from: wxxyrqa on November 14, 2018, 10:08:15 AM

Quote from: MilesEldwin on November 14, 2018, 10:05:33 AM

Quote from: Kimtuyenncth on August 20, 2018, 09:53:07 AM

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

Cryptocurrencies shall definitely make you rich as the coins like Paragon, Power ledger and Cardano are too great for earnings and profitability. They shall go high soon.

But if the answer to the question on the merits, it is unlikely that today a coin can make a person rich overnight. The cryptocurrency market is in a very bad state and no sales are relevant today.

Why is this development impossible? If you have real perspective coins, then any situation can change the pricing policy. If we take PundiX as an example, many token holders have become happy thanks to the wealth they have gained.

Gontxi

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Quote from: Kimtuyenncth on August 20, 2018, 09:53:07 AM

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

this is a very wrong thought and can destroy someone with such a mindset.
all beginners need to know that crypto never gives wealth overnight, so when you want to invest. use reason, knowledge, experience and logic.

wxxyrqa

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Quote from: MilesEldwin on November 14, 2018, 10:05:33 AM

Quote from: Kimtuyenncth on August 20, 2018, 09:53:07 AM

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

Cryptocurrencies shall definitely make you rich as the coins like Paragon, Power ledger and Cardano are too great for earnings and profitability. They shall go high soon.

But if the answer to the question on the merits, it is unlikely that today a coin can make a person rich overnight. The cryptocurrency market is in a very bad state and no sales are relevant today.

MilesEldwin

newbie

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Quote from: Kimtuyenncth on August 20, 2018, 09:53:07 AM

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

Cryptocurrencies shall definitely make you rich as the coins like Paragon, Power ledger and Cardano are too great for earnings and profitability. They shall go high soon.

qiwoman2

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Oikos.cash | Decentralized Finance on Tron

It won't happen overnight that's for sure, those days are over, but with persistent goal setting and discipline and hard work plus luck, you can become wealthy over time. Coming in with the get rich quick and lazy mentality that many have, then they give up crypto to look for the next shiny object, will not get you anywhere. I become fairly wealthy at the beginning of 2018 by working very hard in 2016/2017 but I lost a lot of it because I was just a hodler. not a trader, so I saw my bags die. You need to be clever and vigilant and act fast in this volatile market. I thought I was not going to survive the bear market and nearly gave up but a voice inside me said that if I can start with 0 and make money, I can do it again, but this time I day trade also and keep an eye on the markets daily, this way I can put food on the table and slowly grow my bags also.

Wind_Crypto

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if u are looking for overnight riches, best to stay out of crypto, or only put a few hundred bucks for fun... risk comes both ways, portfolio values can tumble more than 50% in a week in some cases...

castiloros

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There comes a time crypto can make rich overnight, but there is also a need to wait even until many months. fluctuating prices conditions make crypto on became erratic and it can be used to find the result might even overnight if looking at things like last December. But if you only expect everything instantly keep certainly won't be good because the results of these will need a process.

martabaktelor

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Crypto can indeed make people rich, but that cannot be achieved overnight. Everyone certainly needs the big capital to get rich and it is through a long process and you also have to work hard. Especially now the market price situation is still down and this makes it even more difficult to make a profit.

Opnsrc

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Quote from: fumblingperch on November 10, 2018, 05:59:01 PM

I think in these circumstances, it's likely that the rich will get richer and the poor will lose their money. I still believe that people can make money by investing in crypto-currencies, but seeing how whales are played with the market makes me sad.

Cryptos can not make you rich overnight. You have to spend many hours, days, weeks or even months to make researches, find the best cryptos to invest in, protect your investments against the scammers and cyber thieves, gain experience, etc.

Dewar Noise

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Activity: 199

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Crypto conditions like the end of last year can indeed provide us with benefits that can make us rich in just a short time, but for now it might be impossible to get rich overnight only through crypto, because now the market situation is deteriorating and has decreased prices are very drastic, and even now that is nearing the end of the year the market has not yet recovered, whether it will last for how long the market will remain as it is now, hopefully the market will recover soon.

belcini

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Cryptocurrency really provides many promising opportunities for smart investors. In theory, everything is possible, even to become very rich overnight. But it seems to me that such times are in the past. Now to get a large income you need more time and effort.

Azuliand

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Well, at one point you are unlikely to become a millionaire, you need to go to this for a very long time , and of course every day try to do something new in your business and in the cryptocurrency in General

Itcher

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I think such cases are extremely unlikely. No need to look for a quick profit, otherwise you risk losing all your money.

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