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Topic: Does crypto offer riches overnight? - page 37. (Read 6136 times)

jr. member
Activity: 352
Merit: 1
August 08, 2018, 06:26:20 AM
Investing in cryptocurrency shouldn't be seen as a get rich quick scheme. Those that believe it to be a get rich quick scheme to end up investing in the project that has an artificial pump in price and at the end of the day, they have regrets. What they fail to realize is that normal market forces doesn't give much volatility. When you see great volatility in the market, you have to be extremely careful so as not to make the wrong choice.
sr. member
Activity: 490
Merit: 250
August 08, 2018, 06:15:25 AM
I don't think so. Being rich in crypto will need many effort and times. We cannot be rich as soon as possible on overnight if we are new. But, if we have been more time sin crypto and know how to earn the money easily, we can do day-trading that can make you earn so many profits only overnight, probably it will make you rich fast. But, it doesn't really mean that the rich only comes on one night. It need process.
member
Activity: 364
Merit: 10
August 08, 2018, 06:07:18 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.

success dont come overnight in all industry. persistence and and perseverance is the key. HODLIng is invented in the crypto world because most of the crypto millionaires hodl their tokens and gain a lot from it.
sr. member
Activity: 1316
Merit: 379
Catalog Websites
August 08, 2018, 05:39:44 AM
It is possible to get rich overnight with crypto. However, it is not 'enter and grab' scenario that most people think. For you to get rich in crypto is a combination of factors. Patience is although not part of it. What helps is the expertise to predict and the amount you invested.
jr. member
Activity: 238
Merit: 1
August 08, 2018, 05:36:50 AM
I agree with the author of the article and it is absolutely true! In order to get rich with the help of cryptocurrency you need to have a lot of patience and effort. No need to hurry, you need to think about and study the situation on the market and look closely at the projects.
member
Activity: 322
Merit: 10
The Premier Digital Asset Management Ecosystem
August 08, 2018, 05:34:53 AM
It is possible, as there are lots of coins that give us a lot of profits, many of the coins you buy them in one night are very high. So I always expect this market. I hope that I will have luck.
newbie
Activity: 252
Merit: 0
August 08, 2018, 05:33:22 AM
Being rich in crypto requires a lot of effort, dedication, smart steps, patience, etc. You won't get everything overnight or even invest in risky ICO / Altcoins, it's still not enough. You can't make it quickly, it really takes time.
full member
Activity: 812
Merit: 106
August 08, 2018, 05:30:40 AM
I fully agree with the author, people hear the story of almost 10 years old that someone bought bitcoin for a few cents, forgot about them for many years and now they were fabulously rich. Who wants to repeat their success can take a chance and buy some kind of a young coin and forget about it for several years. Or stop dreaming and start working very hard.
member
Activity: 504
Merit: 10
August 08, 2018, 05:02:15 AM
All in the cryptoworld is quite unpredictable thing which often can't be technically analyzed correctly, there're huge players like whales on the market who influence the price, if you're lucky you will have a chance to ride the wave to the top on it
newbie
Activity: 71
Merit: 0
August 08, 2018, 03:52:17 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.

Patience is the main key when investing in cryptocurrency. It's not easy, it's not simple, but it might be learned.
It's possible to be rich in a moment, but I don't think you need to be too ambitious. Life requires effort to achieve success.
newbie
Activity: 95
Merit: 0
August 08, 2018, 03:31:38 AM
If you invest in crypto with the idea and mentality of hitting instant wealth, then you might end up with massive lose of your funds. Overnight riches in crypto happens by luck and in very rare cases. Cryptocurrency just like any other investments does not make you rich overnight, but can guarantee you wealth in the long run if you are focused and patient enough to take the risk.. It requires unrelenting determination and continuous effort and can take years, maybe decades to give you wealth. So, anyone who wants instant wealth should probably not think about cryptocurrency.
copper member
Activity: 476
Merit: 0
August 08, 2018, 03:26:38 AM
If you are lucky you can become rich overnight , otherwise you can also become poor also. Crypto market is unpredictable , so if you invested today and by tomorrow , market rises upto to twice or thrice , or it becomes half or quarter , it depends only on your luck.
newbie
Activity: 196
Merit: 0
August 08, 2018, 03:12:13 AM
crypto is always shocking you can get rich overnight even you can lose everything overnight, I think if you want instant and fast profits this is not the place, because here everyone must work hard to increase the income they receive, so if you talking about rich overnight maybe it could happen but the percentage is very small.
member
Activity: 364
Merit: 13
August 08, 2018, 02:56:57 AM
Only a few people have become fabulously rich by accident and in a short time. I am sure that the crypto-currency industry is based on long-term investments and can make you rich only in years and decades. Look at the story of Winklevoss brothers! How much they needed time and energy to become billionaires, who earned a fortune in the bitcoins. I believe that bitcoin and other crypto-currency assets represent a kind of pension fund that can bring tangible income only after decades of investment.
newbie
Activity: 105
Merit: 0
August 08, 2018, 02:41:46 AM
Encryption can make you rich overnight. You can lose all your money overnight. Patience is key, but most people can't be patient enough to hold their COINS. Following pump and dumping trends makes most people lose money.
sr. member
Activity: 602
Merit: 250
August 08, 2018, 02:37:45 AM
It could be a night will have a high rise. It never happened and made a lot of investors do not sleep only to wait for a rapid ride crypto price within one night. but it certainly can not every time occur. need a miracle anymore to be able to view and specify the increment.
newbie
Activity: 125
Merit: 0
August 08, 2018, 02:21:26 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.

really bad mindset if people think, with crypto everyone can get rich in short period time
crypto is not a quick rich scheme,, people should learn about more patience and how to control emotions also manage their money as well, if they want to be rich in any investments opportunities,, include cryptocurrencies

The mindset of those people should be fix so that they could not influence some new possible member in this forum. Actually they can mislead others by this kind of believing without any kind of assurance to have a better result.
newbie
Activity: 96
Merit: 0
August 08, 2018, 02:18:12 AM
The cryptocurrency will of course make you rich overnight, but this is just one of the 10,000 people who will be lucky, so people can put their goals on this body, it is better to work hard, not to get rich overnight. Dream, down-to-earth, investing in money, you have to wait patiently, don’t worry
newbie
Activity: 223
Merit: 0
August 08, 2018, 02:15:46 AM
He who failed to plan, planned to fail. Whereas, planning comes with diligent patience and optimism. Richness overnight then becomes skeptical. Peradventure, failure is the significance cum end result of  over zealousness and pessimism.
full member
Activity: 406
Merit: 101
August 08, 2018, 01:42:01 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.
And no panic at the first correction. Indeed, only one thing, that many without studying anything and without effort, think that you can easily make a profit, but when faced with difficulties they simply leave the market.
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