Topic: Does crypto offer riches overnight? - page 8. (Read 6150 times)
I don't think people will get rich overnight through crypto investment but it is certain that people will become poor overnight through wrong investment. Because it takes 10 times longer to be pumped in crypto than dumped. So you have to invest in the right coins. It will be at least some profit.
Making it in crypto trading involves a lot persistency and patience because nothing just happened overnight but as a result of patiently planned action. Although many people will say it happens over night nothing knowing the number of trials and efforts in place.
yeah, that's the hodler way. Doing data research and following project progress information makes us want to hold on to the investment we make longer and longer. Time is needed for the project to grow even higher.
It took BNB 4 years to move from its initial price of $ 0.1 ($ 2 when entering the market Nov 2017) to its current price of $ 560.
It took BNB 4 years to move from its initial price of $ 0.1 ($ 2 when entering the market Nov 2017) to its current price of $ 560.
Also important to note that it took it a few weeks to double in price now, so I'd be extremely cautious about expectations of it. It's so crazy to think it used to be given away and burned in the millions during Binance trading competitions! So yes, I'd be very, very cautious about moving value to BNB now given how HOT it is. People will be keen to let go when the rally looks like it's over.
Personally, I believe that the cryptoindustry is a new kind of technology that is not yet very well understood and requires a lot of attention and patience. Since the cryptoindustry is all giving its users a great opportunity to make good profits. And I make a profit from investing in a promising cryptocurrency. I certainly didn't get rich, but I have a stable income from cryptocurrency. So you need to understand and delve into everything in order to get good profit from the cryptocurrency.
Most of us lose patience because we do not use the strategy of not losing our patience. The effective way is invest and then forget and focus our attention to something else like office work, sports, friends etc because if we always monitor our portfolio, like every minute we check the price it will surely end up selling our coins and lost our chance to become rich.
Besides Patience, Learning is one of the most important things to succeed in anything. Especially in the crypto world. Learning is the most important factor for success in cryptocurrency.
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.
That is really true that for you will not get rich in crypto in just a day or overnight, its not a one day process for you to get rich because you really need to wait for the right timing and have plenty of patience in order to achieve your goal to get rich. Also, getting rich in cryptocurrency is a long term process. Remember, one key to success is patience.
If we want to get maximum results in the crypto world of course we must be able to understand the market movements, and we must really follow every update that discusses about a good coin for us to invest, then we must be patient in this case because of the losses that we will get when we are in a hurry in choosing a coin, because at the moment many coins are only pumd momentarily then return to the original price ,then we must be careful.
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over year but for some people even more
yeah, that's the hodler way. Doing data research and following project progress information makes us want to hold on to the investment we make longer and longer. Time is needed for the project to grow even higher.It took BNB 4 years to move from its initial price of $ 0.1 ($ 2 when entering the market Nov 2017) to its current price of $ 560.
I'm also not surprised there are investors who got rich overnight, but this a very rare fortune. Cryptocurrency volatility is very risky, you can win a lot and also lose a lot in a short time, and that is very natural. Keep using your math and keep your emotions going when starting with cryptocurrency
Wrong thinking if someone thinks crypto offers riches overnight, because many who become rich investing in crypto usually have to go through
a long process. They accumulate coins that have the potential for several years to actually make a huge profit. So there are no overnight riches
given by crypto, therefore, if we want to be rich, try to be patient with little by little buying coins that have good potential.
a long process. They accumulate coins that have the potential for several years to actually make a huge profit. So there are no overnight riches
given by crypto, therefore, if we want to be rich, try to be patient with little by little buying coins that have good potential.
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 also agree with you. Many people are now enjoying Bitcoin pumping up to $ 20k, they are still waiting to go up and hope to make money in the short term. they do not realize that they are trapped in this dark circle. They are trapped in the dark room of failure. Even though the essence is that when people invest, they must have knowledge of what the object of their investment is and extra patience, not just chasing profits instantly and quickly.
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.
Yes that's right, patience needed to be successful investor in the crypto currency, we need to become vigilant and watch the situation and set your goals when you going to invest and when you need to sell your coins to make more income; this things is just only one way on how to earn using crypto currency, but proves that its takes time to achieve what we are dreaming success.
Someone does, there is always a miracle story circulating in the crypto world. But who is? Obviously, all of us wanna be this lucky guy.But, we all know that just a daydream. Now let us face it, stop this manica thought. I rather to work hard in the real world.
After talking so much, my answer is no.
Everyone also works in the real world, although some of them are more active in working through the virtual world, because the results through the virtual world are always greater than the real world, because the work is virtual but the results always become real for those who already know how, so no one wrong in both, both real work and virtual work. After talking so much, my answer is no.
over year but for some people even more
Nothing is instant in investing, including cryptocurrency. all need a process. And nowadays if you want wealth in one night that's ridiculous.
maybe it is suitable if you go to the casino to be able to get rich in 1 night. investing in cryptocurrency even though it has high returns also has the risk and time to get maximum profit Even the new ATH in the cryptocurrency market comes after 3 years. so it's not a short time
maybe in "futures" trading. A person can get wealth or profit which is quite high in a short time. but all must have the risk that is commensurate with if you really want high profits,maybe it is suitable if you go to the casino to be able to get rich in 1 night. investing in cryptocurrency even though it has high returns also has the risk and time to get maximum profit Even the new ATH in the cryptocurrency market comes after 3 years. so it's not a short time
make sure you are ready for the risks faced. because if you are interested in high profits, you can be sure that the investment has a high enough level of risk.
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.
As you enter crypto, you should already prepare yourself from losing a lot of money and being patient with perseverance. A friend of me once told me that you will lose more than you'll win in trading but time will come where it will be worth it. Also, you should consider being smart and wise with your decisions in here if you really want to get rich with the help of it. Watch over the price changes all the time and see the pattern then decide whether you'll invest already or not. Patience is not only the key on winning here, knowledge and good strategy also. Nobody gets rich over night, so work it all out to make it to the very top in the future. Remember, one key to success is patience.
Nothing is instant in investing, including cryptocurrency. all need a process. And nowadays if you want wealth in one night that's ridiculous.
maybe it is suitable if you go to the casino to be able to get rich in 1 night. investing in cryptocurrency even though it has high returns also has the risk and time to get maximum profit Even the new ATH in the cryptocurrency market comes after 3 years. so it's not a short time
maybe it is suitable if you go to the casino to be able to get rich in 1 night. investing in cryptocurrency even though it has high returns also has the risk and time to get maximum profit Even the new ATH in the cryptocurrency market comes after 3 years. so it's not a short time
Someone does, there is always a miracle story circulating in the crypto world. But who is? Obviously, all of us wanna be this lucky guy.But, we all know that just a daydream. Now let us face it, stop this manica thought. I rather to work hard in the real world.
After talking so much, my answer is no.
After talking so much, my answer is no.
not really sometimes it's also important not to be greedy and withdraw on time
Yes, but the problem is that some people don't know when is the right time to pull themselves out and get out of greed, because in essence all humans have a greedy nature within themselves.
yes as developer launching product and service the price as those might be available on market gives with the chance on investors to work on decision with the trading plan on exchange, that price difference might have with length on expectation of investors preference.
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