Topic: Is Crypto A Way To become Rich / Millionaire ? - page 34. (Read 15794 times)
There are many ways that can make one rich in crypto. These ranges from trading, holding crypto and also bounty hunting. All these can make you a millionaire only if you are dedicated in any of them or you do all of them.
If one knows hat they're doing in this space, it's easy to make money and far more easier to lose it. It's not easy becoming a millionaire in crypto now, there's a lot at stake and news always crashing the market.
Satoshi helped us to get out of poverty in a coincidence. He really wanted to solve the payment method that money can be sent directly to the receiver and no need for an involvement of the banks or any third party which is still happening worldwide. The value of bitcoin is increasing because of having a limited supply and in that case it gives an opportunity for everyone to makem oney when its price increases.
If you have a good strategy and if you are quite lucky as well, I think it's possible. But I think that it should not be a priority to use crypto only for becoming a millionaire, you should have bought coins for other purpose.
It seems to me that Satoshi's Nakamoto intentions hardly had something to do with solving the problems of poor people, the product he created should have primarily addressed the problem of having intermediaries for financial transactions, he did not think about the poor, and he, probably, did not expect that Bitcoin could grow to such a big price in a short time.
Yes, cryptocurrency is the path to wealth. But this path is very difficult. And not everyone can pass it to the end. Many simply give up.
In each case, it is difficult to become rich , if people use risk management correctly , then of course they will earn, in cryptocurrencies you can really earn big and good money!
Yes, cryptocurrency is the path to wealth. But this path is very difficult. And not everyone can pass it to the end. Many simply give up.
i don't think so i think cryptocurrency is the best way to ensure a real and fair wealth distribution for the humanity in the long term and facilitate our interaction with robots
Yes it's. But it depends on what you are doing with it, just like you love earning from airdrop and bounty campaigns and you hoping to become a millionaire in dollars you have to do all bounty being created which is impossible but if you're an investor who does it wisely and invest for long term believe me you can be a billionaire.
Yes and no
Why because, in a matter of money, one can be rich and greatly rich if invested right into a particular coin and also in a matter of seconds, one can be sent back to the village, to square one back to the scratches
Why because, in a matter of money, one can be rich and greatly rich if invested right into a particular coin and also in a matter of seconds, one can be sent back to the village, to square one back to the scratches
Given the high volatility of the crypto market, the cryptocurrency provides an opportunity to get large and fast profits as well as the ability to quickly lose their investments. But the main advantage of cryptocurrency is the blockchain platform, which is designed to facilitate many areas of our life.
Currently altcoin and Bitcoin are just a way for investors and financial institutions to speculate, it has nothing to do with blockchain. There are a lot of projects that are making blockchain more complete, not having any separate tokens or coins
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 think Satoshi wanted to create an alternative and new level of the way to do transactions. As indicated on the introduction of Bitcoin as "Bitcoin: A Peer-to-Peer Electronic Cash System", it is obviously designed to make a system that involves Electronic Cash or Digital Currency.
Due to the popularity of Bitcoin and high demand, that's the reason why most people were hooked into it and got rich in no time.
Crypto is created as a block chain technology to make world currency acquirable in a technological way and probably be the feauture world currency. Thereby bringing oneness in the currency use. But in the process of that, people make wealth from promoting the different crypto organizations while compensating the effort and resources of the promoters.
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 cryptocurrency is one of the quickest way to become a millionaire, then why not all people who are investing in cryptocurrecy are millionaires? Cryptocurrency investment is risky, it's not a guaranteed way to earn money in a quick way. It's not an over-night process.
I think Satoshi isn't thinking too much about money, because he is the predecessor of Cryptocurrency. So it's like a scientist, he thinks how blockchain technology can be useful, not thinking about getting money.
Crypto is very similar to the early financial markets, when interest in something or strongly raised the price. Most of the people came to the crypt in the hope of enriching themselves as other people did before them, but none of them expected a correction to begin.
Cryptocurrency is not yet widely known by the public. So, for now, cryptocurrencies cannot yet be a solution to solve poverty. And cryptocurrency is a big risk if you use it without strategy and understanding.
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 ?
Honestly it was a missconception. Satoshi's desire made bitcoin is for payment systems not as a tool to get wealth easily. It's just that the price determined by supply and demand makes the price of bitcoin very volatile and this is used by all bitcoin users to make a profit. I guess that is not wrong, but who only hopes that every bitcoin user can accept the first concept of bitcoin again, so at a continuous price as now it is not a reason for them to leave. Is crypto a get rich quick scheme as people are putting their mindset into it ?
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 ?
Sstoshi created blockchain and the currency in form of bitcoin in a right purpose and that is to help the world be accessible and more functional in terms of technology,and not to make people millionaire,though if we will treasure this and help to progress then maybe we will become millionaire with the help of this but at our own risk,remember the golden rules of crypto that to invest what we can only afford to lose Is crypto a get rich quick scheme as people are putting their mindset into it ?
This is possible, as a last resort, this has already happened, because in 2017 we realized that this is possible and people now see the opportunities that will be ahead. Now there are of course very few such situations, but they exist.
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