Topic: Is Crypto A Way To become Rich / Millionaire ? - page 13. (Read 15804 times)
While Satoshi Nakamoto developed the Bitcoin concept he must be a trader in the forex market and their he could have felt about the financial transactions. After the evolution of Bitcoin the transactions in the world become so fast and also many of the holder become multi millionaire. Again, the evolution of cryptocurrency on the ETH blockchain mobilizing the funds widely over the world and this become a demand among the people. The increasing demand of the crypto drive the price sky rocket and made the holder and the investors very rich. And, this sector today in the infant stage and I think crypto is the way of becoming rich.
Well, I think Satoshi created bitcoin to serve as a more convenient and trustworthy system of currency. I think in a way he also tries to bridge the gap between the rich and the poor due to the decentralized nature of BTC and as such no single entity can control the price of the currency
Here you can not only make a lot of money, but also lose a lot. My friend invested a large amount of his funds in the very peak of 2017 .. naturally, almost everything was lost later.
So do not forget that this is a very high-risk asset.
So do not forget that this is a very high-risk asset.
Crypto is not just a quick get rich scheme, it is something more than this. It is impossible to invest in 10 ICOs and to become a millionaire within several weeks. Be patient, work hard, invest in good project and you will get rewarded.
Today Want to Ask , did Satoshi Created bitcoin to solve poverty issues or he created this bitcoin so solve financial transaction problems !!
Is crypto a get rich quick scheme as people are putting their mindset into it ?
Is crypto a get rich quick scheme as people are putting their mindset into it ?
Investing on Cyptocurrencies can be a way to become rich but it will never be a "get rich quick scheme" as you say. All great things undergo through hard work, you can't skip the difficult parts to get such thing.
seeing the rapid development of crypto, I think many people think that way. well, it's not wrong to think that crypto is one way that can be used to make us rich. however, of course it is almost the same as other businesses. needed precision, strategy, and also hard work to achieve it.
Crypto is a potential way to make someone rich or a millionaire if the person can take the risk and be patience. However, there are some misconceptions about get rich in crypto, some think it is a a means of getting rich quick. This has made those to make wrong investment and at the end of the day they couldn't achieve their purpose of getting rich. So, crypto needs courage in risk taking, commitment and a lot of patience.
There is no doubt about that, because we ourselves see the evidence? prices rose by thousands of percent and made many rich people instantly. what are you worried about? the price of $1000 can be $19k in 1 year, of course that is proof that bitcoin can make you become a millionaire..
Originally, cryptocurrency bitcoin was created by Satoshi to solve financial transaction problems. But over time, it has become a lucrative business where people got into with the motive to become riches overnight. It is obvious that when a thing gets popularity, attention of the people pours in. When prices of bitcoin started increasing dramatically, people got attracted towards it. Subsequently, other coins were created. And cryptocurrency turned into a platform which would make people riches overnight. But nowadays, the market is becoming stable and reliable unlike in the past. It is being treated as a stock market.
10 years ago it was still possible to buy bitcoins to become a millionaire or a billionaire, but now this time has passed and now it is much more difficult to earn money and in order to earn decent money, you also need to invest huge money for this, of course.
Today Want to Ask , did Satoshi Created bitcoin to solve poverty issues or he created this bitcoin so solve financial transaction problems !!
Is crypto a get rich quick scheme as people are putting their mindset into it ?
Is crypto a get rich quick scheme as people are putting their mindset into it ?
Well, I would tell you in every positive concept I can't think of that any business venture can be a way to be rich or become a millionaire, for that matter. However, since businesses have risks involved in them, it could also drive you to the ground if you will not be careful with your investments. Everything, despite the presence of risks, should be as much as possible calculated in order to make it work, especially in the cryptocurrency market where everything is very difficult these days. The constant changing of its value and the difficulty of how it can be kept in a good price point range makes it even more difficult to gain profit. Therefore, if cryptocurrency is your way of achieving wealth, then you should really be careful with how you invest and the ventures you follow through.
Satoshi had his own ideas and he successfully implemented it - he created a payment system without the participation of a third party. But progress does not stand still and people develop further.
And as it develops, we discover a lot of things.Before it was only a payment method.
But now, we see as an investment and potential way to make our lives easier financially.
Satoshi had his own ideas and he successfully implemented it - he created a payment system without the participation of a third party. But progress does not stand still and people develop further.
This want to get rich by crypto is what got a lot of persons rekt eventually and they call crypto a scam and tag it all sorts of name. Crypto is not a get rich quick scheme and it is not a magic money tree. That is why there is no continuous growth with it, price fluctuates and some level of smartness is required to survive and get the best out of it. The get rich quick mindset was what a lot of persons came in with late 2017 and now they are telling a new tale. Here you learn before you earn.
Crypto is a potential way to make someone rich or a millionaire if the person can take the risk and be patience. However, there are some misconceptions about get rich in crypto, some think it is a a means of getting rich quick. This has made those to make wrong investment and at the end of the day they couldn't achieve their purpose of getting rich. So, crypto needs courage in risk taking, commitment and a lot of patience.
Yes. As we know, crypto will help many many people in terms of financial freedom. But as for today, many people finds crypto and blockchain in advantage ways. Because they see the potential of becoming a millionaire if you are lucky to invest in legit and genuine project. We cant blame them, thats what in the mindset of mostly people nowadays.
As usual, I don’t have an unequivocal answer to this question, but I think that here we can say that this is so. I can think that there are real opportunities for this because there is every reason to really assume that cryptocurrency has a future.
Today Want to Ask , did Satoshi Created bitcoin to solve poverty issues or he created this bitcoin so solve financial transaction problems !!
Is crypto a get rich quick scheme as people are putting their mindset into it ?
Is crypto a get rich quick scheme as people are putting their mindset into it ?
If you see it from the point of view as a business if, because a business people do not become rich instantly but with the work of every day, winning little by little, but safely.
If you see this scheme like that, you may be very successful, but if you have a perspective that you will be rich overnight, it is really very difficult, because now the way that can happen is investing and waiting until the trend of the market in general change to bullish, which, as a consequence, will cause the majority of altcoins to go up progressively according to the development of the projects. But it is not trusting or entering the Crypto world, trading or participating in projects because you will become a fast millionaire, many who have tried to do so have lost everything.
Yes, i do believe crypto can make you rich and becomes a millionaire, but this could happen only when bulls are in the market and you happens to hodl millions of a coin that really pump during that period, and you are smart enough to cash out and not stuck in the world of hodl 
just been a normal trader am not sure if one can make millions through trading, maybe professional traders could tell us if it's possible, but bull run can make millionaires.
just been a normal trader am not sure if one can make millions through trading, maybe professional traders could tell us if it's possible, but bull run can make millionaires.
Today Want to Ask , did Satoshi Created bitcoin to solve poverty issues or he created this bitcoin so solve financial transaction problems !!
Is crypto a get rich quick scheme as people are putting their mindset into it ?
Is crypto a get rich quick scheme as people are putting their mindset into it ?
I dont think satoshi create bitcoin to solve poverty. Satoshi create bitcoin because banking system are corrupt and central banks always print money and it creating new crisis in the future. Bitcoin is good as an alternative economic system and i think will change our current economic system
Yes I do think it can, because actually it did help a few people whom I have known to have become rich during those times when cryptocurrency was still doing very good reaching the all-time high price. But that was short-lived, now the time had changed and probably it will never be the same again. So it would not be as easy though the potential is there. Maybe we need to do more than just think of quick method of getting rich.
Many people become new rich man at 2017 and they earn big profits. But in 2018, many people lossing their portfolio value because market value fall very deep. Its like others investment, there is always a risk and i dont think crypto will make us rich in just one night.
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