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Topic: Is Crypto A Way To become Rich / Millionaire ? - page 30. (Read 15794 times)

member
Activity: 532
Merit: 10
Satoshi Nakamoto was probably least of all concerned about how to help the poor and make them rich people. All he was really busy with was the creation of a unique means of payment in the Internet space. The poor have not become richer with bitcoin, because poor people generally have little interest in technological innovation.
jr. member
Activity: 532
Merit: 6
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  ?

Everyone has lost a lot of money as a result of this type of intention
Crypto currency, Blockchain technology nor artificial intelligence are not a get rich quick scheme
It involves guile process and steady understanding to really make it large
copper member
Activity: 322
Merit: 0
it is technology created but people are using it to become Rich/ Millionaire. however it is also true that people use this technology will be rich in future. i will  prefer if people use this technology all over the world.
member
Activity: 784
Merit: 10
In my opinion, cryptocurrency created to be able some people have a job and there are people who invested in cryptocurrency got riched and earns millions of dollars, i think even few percentage it saves our economy from poverty.
sr. member
Activity: 1414
Merit: 260
Crypto is not a shortcut of become rich but its just a new technology which is still in their beginning period. Off course here is a lot of possibilities and it's makes rich too but for that you need to do hard work, research, gain your knowledge. Because there is no shortcut of become a rich. Only smart work make you rich.
Yes the crypto was not a shortcut to become rich early, Ill think it was need time to learn and strategy on how to earn money in crypto. And we need to be smart and careful if we entered in the crypto currency because they have a time to scam all of coins you have.
jr. member
Activity: 510
Merit: 2
Yes, crypto is way to become Rich/Million base on some factors and the factor are;
1.you should first of all know a lot of things about crypto.
2.you should devoted your time
3.you should also have money to invest in crypto and
4.you should also have courage and determination.
sr. member
Activity: 812
Merit: 251
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  ?

Yes it can be if you will become wise in choosing in which crypto you are going to hold or to buy.
Just like what everybody always said here that if you choose rightly, you will reap the benefit of your choice.
but if you choose wrongly of course you will suffer the consequence of your decision.
full member
Activity: 518
Merit: 100
To be rich or millionaire surely it's not easy. There are stages that they have  to go through and how they can accomplish that. It's not that easy to be rich or millionaire in crypto because failure can take place unexpectedly.

If several people managed to become millionaires in 2017, it does not mean that it is so easy to repeat the same. Now, when the market is waving greatly, the chances that you can earn millions in the shortest time are not great.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
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  ?

If Crypto was a get rich scheme,We'll all be millionaires but hey, It's isn't. First and foremost, Bitcoin was originally created to bring financial freedom to even the average individual. Thus giving back the control to the us instead of the financial institutions. And there's a market for Bitcoin amd other Cryptocurrencies which means as more people decentralize their assets, the valie gets to increase and early adopters are rewarded.
legendary
Activity: 2212
Merit: 1008
Bitcoin was created to give back freedom to the masses, along the way people will use this for their own gain, people that got into the space early made huge money and this is why they say knowledge is power, there is still room for growth in Crypto investments but we just need to be very careful the projects we invested into
if you succeed in investing or trading or you can with other things so that you can succeed, you can become rich and become a billionaire.
if they are experts and those who have used Crypto for a long time, they will definitely get good results.
they can also lose if they act wrong so they have to be more vigilant to avoid it.

It will be too difficult and long if you start with a small capital. Yes, if you invest in Bitcoin and some tokens that will gain fast a LOT, you can become a very rich man. However, I think you can simply improve your life level a bit.
member
Activity: 462
Merit: 13
I think at the moment it for both purpose since we can run away from the fact that its making many around the globe rich. The thing is if you want to be rich with crypto you will be it all depends on you and your level of dedication.
copper member
Activity: 153
Merit: 4
CCECOIN
To me, crypto represents a lot of thing, it represents advancement in technology, it represents progress but most importantly, it represents financial freedom as well.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
No one knows Satoshis true vision, since nothing is confirmed. It's like a tech he gave us to further develop, which a lot of projects are doing. Bitcoin's main idea is privacy, so in this case, a lot of projects like Sylo (decentralised communication platform), for example, took it to the next level and created a decentralised communication platform where your data can't be stolen or seen. I think this is the true vision of Satoshi, privacy.
I think the opposite, Satoshi did not create bitcoin for privacy but to create a more decentralized and transparent system.
satoshi designed the entire Bitcoin system openly, the code can be seen and checked by everyone, so there is no secret
how can you say that bitcoin is about privacy? if in fact all ongoing Bitcoin transactions can be seen and witnessed by everyone.
even though people cannot connect individual identities with Bitcoin transactions but if they find it, then they can see all the transactions that you have done on the Bitcoin network
so in my opinion your answer is very contrary to the nature of bitcoin
full member
Activity: 280
Merit: 100
     I think the crypto market is a way to get rid of poverty, but the main purpose of the most important crypto coins was to solve financial transaction problems. But people expect to get rich overnight. Today's crypto market is not good for this idea. There is a way to enrich yourself, but investments must be made in the long run in the right projects. You do not have to have too big expectations from the beginning because it becomes a moralizer. Best of all, when you invest, you think that through the crypto market you are avoiding banks, getting rid of commissions and the slow process of receiving money.
copper member
Activity: 84
Merit: 0
Custom Contract Network (CCN)
Technically, anything can make somebody rich or a millionaire, many billionaires HS emerged thanks to careful investments in Cryptocurrencies but I don't think this was the main aim of Satoshi when he created Bitcoin.
member
Activity: 434
Merit: 10
I think that cryptocurrencies can be a way to become rich in a short period of time, only for those people who have a head in place and he uses it.
member
Activity: 560
Merit: 10
But to be honest, here you can make a very good money and lose everything! Need to approach everything wisely! But the chances of getting rich are much more than going to work every day!
member
Activity: 332
Merit: 22
Turkish Translator
Yeah its possible but i don't agree with this. I see crypto a way to make investments. You can make a passive income to yourself (a good passive income for sure) but you better not think it to become a rich or millionaire.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I agree that Crypto is the easy way to get rich, as we know that the increase in crypto prices can reach hundreds or even thousands of percent per year so that this is a good opportunity to be rich compared to other types of investments.


Although it is easy, we could not always make money because we know that the trend will always change and we don't know when it's coming. All we can do is just prepare and make a buy when the price is get down so we have the opportunity to make a big profit when the price can go higher. But I agree that crypto is a new way to become rich and we can have a lot of money from the crypto.
newbie
Activity: 2
Merit: 0
Personally I see Crypto the same as other non crypto stocks. You can make money with it and shareholders have a degree of influence past the stocks.

More stocks will enter the market, more alt crypto will enter the market, everyone wants a piece of the pizza. (Which is the limited amount of money in the world)
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