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Topic: Is Crypto A Way To become Rich / Millionaire ? - page 17. (Read 15727 times)

member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
I think now its both although at the initial stage the others might not be a priority for them. But now you cant mention cryptocurrency without alluding to the fact that has been its trend currently and many many are getting into it due to the become rich way.
sr. member
Activity: 686
Merit: 250
I think that the cryptocurrency market at the moment is more for hardworking people, because at the moment to get rich quickly just will not work and ezhinstvenny effective way to make money, it is trading.
hero member
Activity: 1358
Merit: 509
Yeah, crypto is both a way to get quick rich and a way ti get quick poor. You know cryptocurrency is highly volatile and no should come here by thinking that it will make him quick rich. It can make you poor too and consider the risk related to investment is the best sign of an investor.
Exactly. Volatile price will lead you to one of two choices : poor or rich. That is why, investing as much as you can risk will protects you from future losses. There is no point here that everyone will be rich, only those who can.
member
Activity: 536
Merit: 15
The main reason why Satoshi created cryptocurrency was the solve the problems encountered with financial transactions. Like every hustle or technology, cryptocurrency can make you rich but you have to work hard and persevere, but most people mistake it for a get rich quick scheme where they can come and make millions over night.
member
Activity: 256
Merit: 10
Crypto was a great way to become rich if you went in early. For 2017 bagholders it was a way to get poor. And for the rest of us, nowadays it's as likely to make us rich as the stock market, it's too mature for x1000 already.
sr. member
Activity: 656
Merit: 251
www.fintropy.io
I am sure that many people have earned money, thanks to the cryptocurrency and many people have changed their lives for the better.
hero member
Activity: 1302
Merit: 540
Sure cryptocurrency is a way to earn but the millionaire stuff would be going to far.
You can earn with cryptocurrency and you can also lose
There's always a good timing for people who knows to be patience, if you are not into  a quick way venture then you have all the possibilities, but if you are aiming for a quicker ways then this place is not for you, fluctuations will surely hurt your butt and quickly sucked your investment, you need
to learned and needs to have a good future goals so becoming a millionaires will happen after.
member
Activity: 280
Merit: 14
Sure cryptocurrency is a way to earn but the millionaire stuff would be going to far.
You can earn with cryptocurrency and you can also lose
legendary
Activity: 2072
Merit: 2012
Marketing Campaign Manager |Telegram ID- @LT_Mouse
Yeah, crypto is both a way to get quick rich and a way ti get quick poor. You know cryptocurrency is highly volatile and no should come here by thinking that it will make him quick rich. It can make you poor too and consider the risk related to investment is the best sign of an investor.
sr. member
Activity: 896
Merit: 251
Chances of truly becoming richer may be in our lives. It seems to me that now there are so many options in order to properly invest or invest in anything at all. You see that now the market is starting to grow. This is a chance.
yes you are right you should take advantage of this market condition because of the market conditions that are starting to grow and you can look for profits in daily trading or you can start investing with small capital. I'm sure the market will soon be good and provide many benefits for investors
full member
Activity: 602
Merit: 100
Chances of truly becoming richer may be in our lives. It seems to me that now there are so many options in order to properly invest or invest in anything at all. You see that now the market is starting to grow. This is a chance.
member
Activity: 555
Merit: 12
It's a two way thing, if you are a top notch technical analysis person, and you are big trader, you can earn hugely within a short period. Or if you invest in valuable ICOs, for instance the recent BTT  and FET on binance launchpad which gave cool gains. But unfortunately, many buy in just because of hype and they get burnt, and also there are many scam ICOs and fake pumps which get people trapped and make them loose money. Proper due diligence helps if you want to make it big in crypto.
jr. member
Activity: 319
Merit: 1
You can become millionaire of you are big time investor that can invest in multiple icos, but if you are only working as bounty hunters or promoter it takes time because of the bad situation of cryptocurrency market.
member
Activity: 434
Merit: 10
BITWIN
There is definitely way to become rich in crypto , but you've got to consider risks as well.
What are you ready to lose prior to get rich?
legendary
Activity: 1904
Merit: 1000
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  ?

It can be a way to become rich, however, it depends on how much risk and capital have you invested in a certain coin. Just like bitcoin, nobody knows what coin will bloom after a year. Nobody expected bitcoin to grow from less than a dollar to more than a thousand of dollars. Imagine those who have bought it really cheap.

I'm sure there are people who have become millionaires just because of the crypto currency, especially for those who comes earlier and keep holding their coins until the bull happens at the end of 2017, and they sell it when the price is still high. It proves that we can be rich in crypto but patience and luck will be needed. Maybe one day the pattern will be repeated.
full member
Activity: 646
Merit: 100
tozex.io
Even though one of the cardinal objective of bitcoin/blockchain is to mitigate the influence of one country's currency over the whole world and bring about a total decentralisation of currency, adopting it can also make one rich if you understand how the space works with constant researching.
full member
Activity: 1036
Merit: 109
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  ?

It can be a way to become rich, however, it depends on how much risk and capital have you invested in a certain coin. Just like bitcoin, nobody knows what coin will bloom after a year. Nobody expected bitcoin to grow from less than a dollar to more than a thousand of dollars. Imagine those who have bought it really cheap.
member
Activity: 602
Merit: 10
Nope, that was the biggest nope I have ever seen because you know what, it just like you are putting all your money into a gambling platform, then it would make such a gamble whether it gonna fall down or raise up.
member
Activity: 756
Merit: 10
I think is yes, cryptocurrency is one of the best way to became rich.
But, it is relative for every person based on their skill to analyze the market.
in addition to the ability to analyze the market, it is very important to be able to wait through difficult times, it is like holding your breath, it seems that you are dying, and then when you breathe in * New life *
hero member
Activity: 1302
Merit: 503
Yes and no, depending on crypto conditions too, in 2017 many people got rich when searching for results in crypto because at that time the program was very good, different from now that the crypto condition is still not stable, but I am optimistic with crypto people can get rich back when market conditions have risen even though it takes time
- Indeed, if this question appeared in the past, everyone would be able to confirm that this was true and correct because it was a great period, the crypto market exploded and the value of crypto increased very quickly, creating a favorable condition and making many people begin to become rich. But when this question repeats at this point, everything has changed because as you say, market conditions do not seem to be good and do not support all of us, and we want to become rich with crypto, we will need a lot of skills and knowledge, even need to wait for the crypto market to explode again, too many essentials to trigger the opportunity to become rich with crypto
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