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Topic: Does crypto offer riches overnight? - page 24. (Read 6136 times)

member
Activity: 392
Merit: 12
September 01, 2018, 04:46:35 AM
Crypto does not in any way perform magic, someone can become rich overnight due to the fact that the market moons while another person might be impoverished due to the bear market.
hopefully by the new month the market can immediately move a collar that is much better, so that people may smile a lot, after some of their assets have decreased in price
newbie
Activity: 224
Merit: 0
September 01, 2018, 04:42:59 AM
No, I don't think that cryptocurrency has the capability of making people rich overnight. Since it is not about cryptocurrency it is about the amount you put in and your patience towards your investment or how strong is your heart.
full member
Activity: 644
Merit: 103
September 01, 2018, 04:32:39 AM
Big no, good crypto will make someone rich but it take years to realized, i think theres nothing in this world can make you rich overnight.
newbie
Activity: 133
Merit: 0
September 01, 2018, 04:28:18 AM
Crypto does not in any way perform magic, someone can become rich overnight due to the fact that the market moons while another person might be impoverished due to the bear market.
jr. member
Activity: 58
Merit: 2
September 01, 2018, 04:25:16 AM
Yes, encryption will get rich overnight, and it will bring you a better life, provided that you are willing to invest and believe in cryptocurrency. But its risk is also relatively large, it may also let you lose everything. All of this requires you to make your own decisions.
Yes that is right that crypto can make you rich overnight. Some time a coin increases more than 5000% in a single day and if you are holding some good amount of shares of such coin no doubt that you can get a very good profit from there, which can even change your life I a single day.
newbie
Activity: 94
Merit: 0
August 31, 2018, 10:38:43 AM
Overnight riches, lol. PATIENCE is key in succeeding with cryptocurrency investment. Any body that is wearing a 'get rich quick' mentality in the cryptosphere will lose their investment.
member
Activity: 168
Merit: 10
August 31, 2018, 10:31:21 AM
I do not think. After all, the crypto-currency activity. This is a well-designed team work. And maybe she can exist alone. But not as qualitative and promising as in the team.
sr. member
Activity: 503
Merit: 250
August 31, 2018, 10:29:22 AM
If this has happened before, why now this can not happen? I think that this obviously can happen, because there are absolutely all chances to see another growth, especially after such a serious correction
It can definitely happen especially if we hit a great token or we are willing to risk a high amount of investment and that coin pump that night then it can be, last year many spends their night just watching the market or their blockfolio can't sleep due to their surprising profit.
jr. member
Activity: 238
Merit: 1
August 31, 2018, 10:27:41 AM
I must agree with this. Some people think that being rich in cryptography is just a piece of cake. The truth is that this is not the way reality works. It will take a long time before you can finally enjoy your wealth. You do not just expect investment to grow. You need to learn strategies when they trade or what coins you will invest further.
newbie
Activity: 49
Merit: 0
August 31, 2018, 10:18:03 AM
Getting rich overnight is like gambling. And gambling is a game of luck.

Patience and work might get you rich in crypto. If you rely on a crypto gamble then that's a risk you chose to take. Wink
full member
Activity: 308
Merit: 106
August 31, 2018, 10:13:24 AM

Remember, one key to success is patience.
I completely agree with you! It is a pity that so many beginners do not understand this simple and true truth.
member
Activity: 407
Merit: 14
Collectrix-Bridgin the physical and Virtual worlds
August 31, 2018, 10:10:25 AM
If you surf the internet with this question in mind, you would find hundreds of testimonies that would give you a positive answer, cryptocurrency has mad many people millionaires worldwide but it would be good to bear in mind that it doesn't work this way for everybody, many people would make it and many wouldn't.
full member
Activity: 798
Merit: 104
August 31, 2018, 10:09:41 AM
I don't agree on getting rich overnight though there are some who really gets big profit in a short period of time in crypto - maybe that is what they call luck which does not hapoen to all. Despite the bigger chance of earning big amount, in this digital market,it also entails hardwork,dedication and patience to wait and patience to study the market for additional knowledge.
full member
Activity: 585
Merit: 100
August 31, 2018, 10:05:00 AM
Getting rich on crypto is not simple. You must have knowledge and understanding of this field. Crypto can help you get rich quick in a night. This can happen when the price of coin you hold up unexpectedly fast.
member
Activity: 476
Merit: 41
August 31, 2018, 10:04:46 AM
I see so many people say that you need patience in order to get rich in crypto.
I just don't see that as something that is super important.
The general idea of just hodl and wait for profit, don't panic sell, don't invest in pump and dump, etc. don't offer real gains.

Instead, what does guarantee success, is to actually start thinking and behaving like a real investor.
I have met so many crypto "investors" that don't understand the very basics of trading.
They don't know how to interpret data, crunch numbers, utilize different trading tools, and how to hedge.
I hear a lot of, "You can't predict the market, crypto is too volatile" and I just roll my eyes.
In fact, there are a lot of people who haven't even set financial goals for themselves, let alone monthly and quarterly targets.

I've been doing this for awhile now, and I never got much profit until I became hard on myself and started researching like crazy.
I experimented on the stock market and networked with seasoned traders.
The difference is like night and day.
jr. member
Activity: 116
Merit: 3
August 31, 2018, 10:01:17 AM
Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.

It does not make millionaires overnight, patience and choosing the right crypto project is the key to becoming a millionaire. I initially entered crypto thinking about the overnight millionaire strategy and later realized it requires lots of time to be there. I hope you understand Smiley
full member
Activity: 235
Merit: 100
August 31, 2018, 09:59:05 AM
I believe that some of the cryptocurrencies can really make you rich overnight, but with the correct and enough amount, timing and type of coins. I take as an example of the ebtc airdrop, I learned that that coins reached upto a dollar in just a very short time, so If you have enough of that then surely you can earn big.
member
Activity: 172
Merit: 10
Justice as a Service Infrastructure
August 31, 2018, 09:56:47 AM
If this has happened before, why now this can not happen? I think that this obviously can happen, because there are absolutely all chances to see another growth, especially after such a serious correction
Growth of cryptocurrency can be, but not all will be able to grow rich on this growth. In order that you could sell a coin which expensively will stand in the future, you have to buy it. And now it is dangerous to buy something, nobody knows what tokens will grow and what will go to a bottom.
jr. member
Activity: 252
Merit: 2
August 31, 2018, 09:53:42 AM
If this has happened before, why now this can not happen? I think that this obviously can happen, because there are absolutely all chances to see another growth, especially after such a serious correction

It's really hard to believe to become rich overnight by doing investment in crypto because earning big profit requires also big amount of capital to invest but i believe we can still be rich through crypto but it takes as to invest for long term until the market price of crypto will and become expensive to make profitable.
full member
Activity: 560
Merit: 100
August 31, 2018, 09:49:27 AM
If this has happened before, why now this can not happen? I think that this obviously can happen, because there are absolutely all chances to see another growth, especially after such a serious correction
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