Is Crypto A Way To become Rich / Millionaire ? - page 32.

TheClownSong

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Quote from: Teamfearless on December 31, 2018, 12:24:53 AM

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 ?

I think crypto is alternative investment and its like stocks market or others. 2017 is good year for many people because they gain big profits from market rising but 2018 is not good year for market and many losing their portfolio value. Like another market, bitcoin price volatiling too and i think its not a quick way to become millionaire

cewekimut

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Crypto is a promising business and trading is a great way to make a profit. However, this certainly will not be easy in doing this business because it has risks. So you need the ability and capital to trade. Although it's risky, but if you succeed, it will definitely change your economy for the better.

ameliana

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Quote from: clonely on December 31, 2018, 03:20:53 AM

Quote from: Teamfearless on December 31, 2018, 12:24:53 AM

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 ?

Early adopters always exhibit a profit-oriented approach. I think we're in this situation. Maybe in the future there are different expectations but everyone is hoping to be rich.

what is certain is that Crypto has the ability to do all that, crypto can be a tool to solve poverty and transaction problems but for now crypto is still in the investment circle.
we just wait in the future what will happen.

Laxus215

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Despite growing technology there are still 1.7 billion peoples are unbanked & Satoshi Nakamoto created BITCOIN to give this people platform & financial freedom to get rid of banking system. Cryptocurrency is not a way to become rich or millionaire in one night we can learn it from year 2017 bull market trend & 2018 bear market trend. Cryptocurrency market moves in the cycle of bear market & bull market. When its bull market then its easy to make money & if its bear market you need to take your steps carefully as there are chances of making huge losses over night. Indeed there are lot of opportunity to make profits in cryptocurrency markets but you need to have skills like analyzing market trends & hypes, knowledge about the projects, strategy wise trading & most importantly patience etc.

Kawshies

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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.

Ruffian1314

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I think if your a really good trader and you have a good amount of money to use for trading like a minimum of $1k then you can possibly a millionaire in just 1-2 years of trading in crypto so it is not a get rich quick scheme that others think about cryptocurrency. If your going to do bounties and other tasks that are free from investments then it will also takes you a long period of time before earning millions.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

Making money in crypto cannot happen in one night, we need much time to make that money but it is worth to do because if you have much coins list, you will have the unlimited potential opportunity to make money. And when the coin can increase higher in a short time, then it's a bonus for you so you can make money and you can wait for the other coin to increase. But if there is a rally for some coins, it means you might be able to make a lot of money for many coins.

yeniruieni

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Is Crypto a scheme to quickly get rich, I think it all depends on the ability of each human being. And from crypto experience, many people get rich because they are here working hard and have a large capital to trade. Crypto is a big business industry, so everyone can do anything here to make a profit.

libert19

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Most likely Bitcoin was created to get rid of banking system. Like the Genesis block of Bitcoin says, “03/Jan/2009 Chancellor on brink of second bailout for banks”.

troublingchatting

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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.

Djigo91

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You can become rich also can not have anything. because investing in ico is a huge risk. If you have a deep knowledge of ico and the market, you earn a lot of money

NaXxow

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ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM

definitely a big NO. some of the tireless devs and ceo of a credible projects maybe a millionaire but for those who are just relying their money in a sudden pump of their portfolio is like playing a lottery. dont expect but rather help the crypto community to grow and develop. report the scams behind the market.

rangnatht

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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.

PDAngel

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There are many reason why crypto is being created and one of it is to give a financial freedom to all the believers.
Becoming a millionaire is one of the advantage that crypto brings to wise, professional and patient traders.

It also gives more opportunity to all projects that want to launch their own by the support of the community.
It is not easy to become rich, even you are going to engage in crypto world but if you know what you are doing. Being a millionaire is not too hard to achieve.

sixexgames

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Well Satoshi (whomever he or they are) may not have even benefitted much from Bitcoin's creation. There's 1 million Bitcoin in Satoshi's wallet but it hasn't been touched. You'd think if they had acess to it they would've cashed out some.

Innocant

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I came in this crypto because ill want to earn some money and to financial all of the bills, school and all everything.
Ill earn enough in crypto so that for being rich ill think it was to far from now because the price of the coins in the market was to low as of now.

sergoia65

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No, I do not think that Satoshi Nakamoto created Bitcoin to solve the problems of poverty. Rather, there was another important task here, namely to create a universal payment system independent of banking influence!

ifightformerkel

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Cryptocurrencies are not a way to become a millionaire in 2 days. It doesn't work that way, at least not these days. If you want to make money with cryptocurrency, then you need to work hard, the only way you can achieve success.

JeffBrad12

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Quote from: goodbuybitcoin on January 11, 2019, 03:24:04 PM

I do not think that a cryptocurrency can make those people who have little money to invest in millionaires. I think that only rich people can become even richer here.

Look at roger ver, charlie shrem and there was a kid that has already bought bitcoin when it was 12 dollars and this time he has turned himself becomes another millionaire from crypto. I expect more have come through altcoins too just like ethereum or any other major crypto.

testadimerlo

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the initial philosophy of bitcoin is over. Now we have speculation on the one hand, which stimulates the birth of new projects and the blockchain, the real product.

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