Topic: Does crypto offer riches overnight? - page 31. (Read 6152 times)
In crypto everything is possible, you can be rich overnight but also poor overnight if you buy a bad coin or if you buy coin at a high price and after that bad news is published.
Of course crypto doesn't offer riches overnight. However there is a lot of money to be made if you play it right but the system won't hesitate to eat you if you make mistakes.
If you have crypto you should hold for good profit , in some cases you can become rich when any coin rate goes upto 500%, this can be happen in crypto market.
I think this is possible. At present, this market has fallen to the bottom, and many people are panicking, but I believe that as long as we maintain enough patience to wait for the market to pick up, I believe that the best people can finally get rich from this market.
To gain wealth in crypto it was not easy. Because it requires hard work and patience. Many people fail to become rich because they are impatient and do not have the ability. In this trade is very important we should be able to make a good strategy.
The likelihood with which crypto offer wealth medium-term is on the low, thus seldom happens. The general pattern takes after the standard of tolerance where a financial specialist needs to hold a coin for two or three weeks or months to a very long time in other to encounter the genuine possibilities of the coin advertise. Without tolerance in crypto.
Yes, it is possible.
The premise is that you must invest, have a deep understanding of the cryptocurrency, you can understand the cycle of the coin, and have an accurate judgment of the market. Then wait patiently for the market bull market.
The premise is that you must invest, have a deep understanding of the cryptocurrency, you can understand the cycle of the coin, and have an accurate judgment of the market. Then wait patiently for the market bull market.
if offering wealth overnight is true bro. if we have large capital. and smart at investing. but if it is now very difficult to get wealth in one night
You can see the process from the course of the project to the point of physical distribution. There is no instant in this world. To be able to get results in cash, there are many paths that you must fulfill in accordance with applicable regulations. For example like now, like it or not, you have to hold your potential coin, so you can get satisfying results by waiting for the price of your coin to get the pump.
That is the mentality some people have when coming to invest in crypto. Which is not good and would only end up causing them to lose there money
Mayber there was a lot of people are failing and then they are all getting lost a lot from there but i have seen there is a lot of people being a rich person overnight. Did you remember what has already happened with zcash? Someone was selling a single zcash for 60 bitcoin. That's awesome 
This is a wrong viewpoint for any digital currency speculator or merchants. Indeed, I trust that cryptographic money can make one rich inside a twinkle of an eye however in all truthfulness, a great deal of work has just been done behind the scene. Crypro does not offer medium-term wealth as I would see it, one in any event needs to take in the ropes of crypto and make picks up consistently after some time.
if the events that have been experienced by some of my friends. especially at the end of 2017. within a night he can get a big profit so that he can afford to buy a new car and dispatch his parents' umroh, bro ..
That is the mentality some people have when coming to invest in crypto. Which is not good and would only end up causing them to lose there money
No, crypto does not offer riches overnight, that is the conception that a lot of people are having, especially those that want to make it in a rush rush way. Crypto is nice biz of putting some little effort and making it gradually more than the efforts you've put but not in an overnight things. You have to work and be patient especially if you're investing. Some investments might pay off within a short time while some need a long time before you reap it. It is also possible you put a lot of money and you make a lot of gains within a limited time and it is possible you lose that money also especially if you're in a hurry to make it.
It is extremely unlikely that crypto can make you rich medium-term, yes there is each probability of you getting rich with crypto yet in the event that you come into the market feeling that the coins will make you rich medium-term then you are simply setting yourself up for dissatisfaction. Much the same as some other method to get rich you need to work and be prepared to put time and cash into it on the off chance that you need to be rich.
Why not? I think that this is possible, but not at this time when the market is full of depression and people very often do nothing and try to get out of the market in order to save their savings. 
There are some wrong perception about joining Cryptos world that someone is going to become rich overnight judging by last year bitcoin reaching a high ATH and honestly its a wrong idea, Cryptos is a long term investment either trading or hodling a very promising coin which might not necessarily makes someone rich overnight infact its a calculated risk now the market has not been in a favourable condition.
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.
I believe cryptocurrencies didn't offer riches overnight or two but it could happen anyway, nobody knows. Remember, one key to success is patience.
Its absolutely impossible that crypto can make you rich medium-term, yes there is each probability of you getting rich with crypto yet in the event that you come into the market feeling that the coins will make you rich medium-term then you are simply setting yourself up for disillusionment. Much the same as some other method to get rich you need to work and be prepared to put time and cash into it in the event that you need to be rich.
Its possible to hit the big one in fairy short order however when I have hit a big one it has usually taken a hodl of a few months to a year to see the big gains. Patience is a virtue in this game although its very hard to obtain.
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