What are you talking about, isn't everyone rolling in lambos on the moon by now?
More than patience, I believe it is important to have knowledge and to base trading choices off of data.
The data clearly shows that crypto is a speculative, volative, and bubble marketplace.
In these environments, there are way more who lose than win.
It is important to take key factors into consideration when making trading choices.
For example, right now, we have btc making slight gains, but alts basically staying stable, not going up or down.
If you factor in the upcoming regulation decisions for btc than you should be preparing for approval or to hedge if it doesn't go through.
These types of decisions will give you way better returns than just patiently hodling.
Topic: Does crypto offer riches overnight? - page 46. (Read 6136 times)
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.
Generally greed is almost always the bane of any investment decision. You will find that if you try to get into crypto to become rich overnight, well than you will soon lose everything. This is a standard rule to follow in almost any market but crypto being such a nascent asset class as well as extremely volatile and filled with pump and dump coins and fraud is an industry you really need to understand and learn about first. Trying to get rich overnight here will most likely just result in the industry chewing and spiting you out over night right then and there.
Ofcourse not we cannot be rich in overnight here in crypto we have to learn,study,search and give time to know the important details to follow being in the world of crypto even if you have the capital still you cant be rich right away.
I think that it is possible but this is not the general trend. Of course, cryptocurrency allow people to have a financial freedom, but it requires a lot of time and energy. You need to study a lot to make right decisions.
Overtly impossible except you want to take the risk of leverage trading which is much more like gambling cos one could hardly tell where the market is going even with full know how of Technical Analysis.
I don't think it's realistic. It's just a gambling game.
Crypto money markets, however, are an investment that should pay off over the long term.
Crypto money markets, however, are an investment that should pay off over the long term.
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.
All the same, the market is quite volatile. And it may happen that you buy something and it will grow the next day. But in any case, if you do not have experience, you will only lose a long distance. Therefore, I agree that knowledge is definitely needed here. Remember, one key to success is patience.
I completely agree with you that it's necessary to get rich in it for a long time and work hard because money does not fall from the sky just so no one.
Crypto can help for everyone to get rich but not that instant and happen for just overnight. There is no magic for getting rich because it needs not only your effort and hardwork but also self discipline to handle your earnings and make it grows on every way even for saving in bank or investment for different crypto or even in bitcoin. I know trading can help you earn that fast but not make you rich in just a night and a day.
I completely agree with you that it's necessary to get rich in it for a long time and work hard because money does not fall from the sky just so no one.
In my opinion, there is no such thing to become rich in just an overnight deal. I prefer to say that people becoming rich are those who persevere in achieving their goal and having patience which is a very important factor we need to consider specially when you are with cryptocrrency. Another thing to consider is knowledge which I believe is one important factor since you may able to look for better ways and do strategic moves that concerns to your investment.
Looking for a get-rich-quick avenue? then i suggest you start the haunt of a leprechaun. Crypto requires a lot of dedication and patience to get there. Every aspect of crypto is a process which takes time to mature.
I understand that cryptocurrencies give you the opportunity to become rich in a fairly quick period, but do not expect that this will happen in a week or even a year after you start to engage in cryptocurrencies. In this area, it is also necessary to work and make great efforts to achieve good results.
in cryptocurrency, we should be able to see the opportunities that available to make a profit. we can invest in ico, trading, or follow the bounty and airdrop. the primary key is persistence. we must be ready to work hard for it because not everything that we want can be obtained immediately.
Only if you have a lot of money to throw at it and day trade, apart from that no.
Yes as what everybody says through hardwork, ability and dedication you can be instantly rich if that have you and by doing investing in a good project well youve got what you want,, but only patience comes throug this.
yes all that could happen, in a matter of minutes you can get rich by investing crypto, but all need the right analysis to be able to invest with good results. ico is a quick way to get big profits in a short time, because ico coins could have increased 100x more than their initial price.
in fact, it is not always in the evening or late at night. Anytime crypto can also achieve the highest prices. Although this crypto more often provide surprises on late at night. Because fewer people are active in current crypto.
nope. you need to work hark and have patience. you can't be rich over night it takes days, months or even years. there are investor that wants to get rich quickly and you will see them in forum or telegram asking repeatedly when exchange? when moon? when pump? and it is annoying.
It is not a gamble site or whatsoever that can make you rich in a matter of minutes. There are things to consider when investing on Cryptocurrency:
1. Greediness is the downfall of the money you've invested.
2. Patience is a Virtue.
3. Lots of dedication and hard work will pay off.
4. Knowledge about the volatility of the market.
5. Experiences from your mistakes in the past will lead you on a great future.
And people did expect that there is such thing as easy money or you will be rich in an instant or overnight success. Honestly either which field you choose will apply those stated above and for sure it will take lots of time and effort to achieve what we called success. 1. Greediness is the downfall of the money you've invested.
2. Patience is a Virtue.
3. Lots of dedication and hard work will pay off.
4. Knowledge about the volatility of the market.
5. Experiences from your mistakes in the past will lead you on a great future.
Agree with you mate. For those people who see crypto as a qucik rich scheme is probably didn't know how finance and economics was. There is no such thing that could grow huge overnight, as OP said, "one key to success is patience".
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