Topic: Does crypto offer riches overnight? - page 3. (Read 6136 times)
nothing is instant in this world, all need a process. You are an ambitious person but there needs to be a little change in your thinking, hopefully what you hope can come true. cryptocuurency will give you the best results if you can be more patient.
there are alot people become rich in short periode after they make investment in crypto. dogecoin coin maybe could be an example for this, i saw many investors get hundred thousand dollar only in few months by holding doge after elon musk tweet about it. in crypto we know everything possible to happen , we could be rich or poor man in a night.
Crypto could be offering wealth overnight. this wealth is what attracts people. but getting rich overnight is not something everyone can achieve. In order to get rich overnight, it is necessary to run everything very correctly. this is possible with knowledge. Anything can happen if there is experience and knowledge. you also need luck, but luck is not always with you. People invest all their money in bitcoin or cryptocurrencies to get rich overnight and eventually go bankrupt. this is greed. It is a mistake to want to get rich overnight.
It depends on the time when wealth is being offered as an opportunity. We are currently in a time that provides good results, but it doesn't compare with a few years ago where the price of BTC was lower and some ALTs also had lower prices. The secret is to be attentive and be patient as good opportunities will suggest and you also need to improve yourself by acquiring knowledge and information.
indeed there are very many people who get rich with crypto, but not overnight, maybe there are those who get rich overnight but very few and they are very lucky people. Crypto is not as easy and simple as it seems, because before you can invest in the crypto world, you must prepare yourself with sufficient knowledge of crypto, so that you don't make the wrong decision.
Expecting overnight riches in cryptocurrency market will only make you lose your money. Not that it isn't possible but the chances of you losing your money is 9 out of 10. You have to learn to be patient and grow your portfolio over time.
This is one mindset every crypto enthusiast should not hold on to. Crypto will surely make you be financially stable, but you have to be persistent and have patience and of course drop this mindset that you can make billions in2secs
I jus sold 3000 usd worth of eth and later that night traded my btc.. 3000 usd worth to eth. And in the morning I'm up again. Magic money for ya.
It is not magic money, but it is real money from the profits you get because this kind of thing has happened very often in the crypto space without you telling it here. 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.
Remember, one key to success is patience.
it is not easy to get rich in cryptocurency. although there are some people who have high luck so they can make billions overnight. but they have also gone through various phases in following the development of crypto so that he can become rich. and in crypto we can also be poor overnight because we made the mistake of buying the wrong altcoins. then we have to be smarter in choosing altcoins.because dump and pump will happen at any time.
It does but it also can be a boomerang if you have lack of prorper knowledge about the crypto market.
You Have to identity the right Project with best potentials.
If you can't your investment also can be worth 0$
You Have to identity the right Project with best potentials.
If you can't your investment also can be worth 0$
Investing in cryptocurrency market can change your life, but you need to have the right mindset and expectations. Just like every other investment, you need to have patience and think long term. Don't treat crypto like a one night stand, think long term!!!.
It's not impossible to get wealthy overnight, you just really need a load of luck and serious analyzing and most of all a large sum of cash for investment and trading. And I'll add to the mix to which project you'll have to put it all onto. Crypto is a serious business to be in, you need to have a lot of patience to get ahead and be a long term holder in the future. It takes risk and courage for one to be rich overtime and you have to earn it with perseverance.
From the price history, it won't. There are several coins which can go up more than 1000% overnight but the ratio is very small, it could be just 0.0001% chance. From my observation, the one who get rich from crypto mostly are the long term holder. Trader are likely ups and down with their portofolio because mostly they won't hold longer if they already get like 10-20% profit from each trade.
I have a theory, if I take an altcoin at a very low price and put a lot of money, I can only wait for it to grow 20% or 30% to make a profit, this totally applies so that it generates a considerable profit, the only thing is that it does not It can be short-term and if it happens it would be very good luck, however, reviewing articles that talk about technical analysis on altcoins, I came across the analysis of LTC, which shows:
If it had been bought at approximately 220USD the price would now be taking impressive gains, this is what I mean.
Quote
If the buyers push the price above the resistance line of the ascending broadening wedge pattern, the LTC/USDT pair could pick up momentum and rally to $400 and then $463.31.
Source: https://cointelegraph.com/news/price-analysis-5-5-btc-eth-bnb-doge-xrp-ada-dot-ltc-bch-uniIf it had been bought at approximately 220USD the price would now be taking impressive gains, this is what I mean.
Its unfortunate that loads of people are covered with the idea of get rich quick systems as that is the systems that works better for them but the sincere truth be told. those schemes don't last and also the losses incurred can be fatal as loads of people go as far as borrowing money to invest but in crypto, all you do is invest and wait and get your dividends when due.
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.
Remember, one key to success is patience.
I jus sold 3000 usd worth of eth and later that night traded my btc.. 3000 usd worth to eth. And in the morning I'm up again. Magic money for ya.
Crypto is not ponzi. It is not a get rich quick scheme. It needs time, studying and patience and greed should not be a part of it.
It seems that what we are talking about here is not ponzi or gambling and also not out of greed. I think this year a lot of people have had huge profits overnight for holding the best coins that they believe will reach ATH. among them are BNB holders, DOGE, ethereum, and BTT holders.
Cryptocurrencies are of course one of the ways to get rich. But one thing we get wrong is that we think we'll get rich overnight. we can't get rich overnight. Most people entering this market for this purpose risk losing all their money. This is one of the reasons the cryptocurrency market has become popular lately. people think they will get rich overnight. but this is not so easy. this is a place that requires long-term study, research and patience.
In this forum we are taught to work smart, we can not instantly get wealth with crypto and only capital for free.
In this forum we are trained to learn to be a professional investor, trader and the like who can research a project or coin well that has good potential in the future.
We are required to always update looking for important information every day to achieve success in this forum.
But we also humans must have mistakes but from those mistakes we gain experience and provision of success.
In this forum we are trained to learn to be a professional investor, trader and the like who can research a project or coin well that has good potential in the future.
We are required to always update looking for important information every day to achieve success in this forum.
But we also humans must have mistakes but from those mistakes we gain experience and provision of success.
Crypto is not ponzi. It is not a get rich quick scheme. It needs time, studying and patience and greed should not be a part of it.
It seems that what we are talking about here is not ponzi or gambling and also not out of greed. I think this year a lot of people have had huge profits overnight for holding the best coins that they believe will reach ATH. among them are BNB holders, DOGE, ethereum, and BTT holders.
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