Is Crypto A Way To become Rich / Millionaire ? - page 36.

mcTether

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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 ?

When Satoshi Nakamoto created bitcoin, his aim was to give people an alternative to carry out financial transactions or payments without a middleman. His aim was not to create millionaires.

Leonard2016

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I guess Satoshi created this to make a new transaction way in the financial system, to make it decentralized, easier to send and receive, I don't think he/she created it to make some people rich, It is up to us wheater we want to make money out of it or not.

Automaticbae

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Did we get into Crypto to get rich? I think those who invested in Bitcoin during the early days Benefited heavily when the price/value of 1BTC was $19,000 in late 2017. And even till date those early Investors are still in so much proof as they are still Rich with their investments.

Automaticbae

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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 Blockchain was created to bring Solutions to the traditional method of making transactions. In the traditional way you make use of the Fiat currency while with Blockchain you make use of digital assets either in form of BTC, ETH or any other digital currency which have majorly different ideaology in bringing simplicity to mankind.

jekainvestor

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If to asume the crypto only as a means for becoming the millionarie in future, I think this is the worst variant. I think that the crypto currency should be considered as a new technologies that are developing nowadays rapidly, despite of the enormous roadblocks.

shinratensei_

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Quote from: zulfi125 on January 08, 2019, 08:25:51 AM

Yes, You can become rich, if you adopt good strategy for investment or good trading strategy, i was gain lot of money when i was started i was zero, now i,m happy with crypto.

You can't become the next millionaire in the bearish market. the only possible thing to make it happen just try to buy big buy support on the low cap altcoin and then just keep them all in your wallet a few years later and then that could be the only chance. How good your strategy doesn't work in the bearish market.

jyotianand01

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Crypto is a technology based on blockchain and will give rich dividends to those who invest in it now but it is not a quick rich scheme. You can become millionaire from here but it requires patience as this market already make many millionaires till now.

dmzworld

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Crypto should be able to eradicate poverty but people should be well informed and educated about it before hand that cryptocurrency is not a get rich quick scheme. When people know this fact, they will be willing to wait, endure till it finally eradicate poverty in their finances. This is how I can view the whole thing from my own perspective.

zulfi125

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Yes, You can become rich, if you adopt good strategy for investment or good trading strategy, i was gain lot of money when i was started i was zero, now i,m happy with crypto.

odranoel

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Yes, I agree with that, That crypto is a way to become rich/ millionaire. Because I have a proof that with crypto my friend got millionaire. They resigned with their job both, husband and wife. And now they have a lot of property.And also they help to the poor.

Jimitieu

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Quote from: H0USE on January 08, 2019, 08:06:57 AM

Maybe in many years ago, you could think we can easily become a rich man with just cryptos, but today, it is not that easy, we are suffering a huge fall from last year and still not be able to recover, so many people have quit from using crypto, that is why it is so hard to recover even in the future.

Many years ago, the market was very new. The price of bitcoin is only about $ 1 but now it costs $ 4 a bitcoin and it has increased to 4000 times, so it's hard for us to think that bitcoin can rise from $ 4000 to $ 100000.

H0USE

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Maybe in many years ago, you could think we can easily become a rich man with just cryptos, but today, it is not that easy, we are suffering a huge fall from last year and still not be able to recover, so many people have quit from using crypto, that is why it is so hard to recover even in the future.

yescrypto

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A nexgen decentralized ride hailing

I believe that's what everyone thinks about it before getting into crypto hoping for a life change in a blink of an eye but little ones have the opportunity not everyone making it here and I also believe that some people have to lose their fund for some also to gain.

iam_aayushiJ

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Cryptocurrencies are highly volatile in nature, you should not rely on them to become a millionaire, if you want to earn money, indeed you can put your bet on top coins only Bitcoin, Ethereum, that too spend for long term.

nreal

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arcs-chain.com

I believe Bitcoin is created to solve financial transaction problems. Only naive people believe that bitcoin will help all get rich quick, It only helps a very small part of everyone become rich.

UserU

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Quote from: #Darren on January 08, 2019, 06:10:45 AM

If you would invest enough time in researching projects and coins, you would be able to reach great goals even on the falling market. The problem is that people are investing in every project with hope to become rich over night.

That train left since last January.

Profited loads off almost every shitcoin back then.

#Darren

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If you would invest enough time in researching projects and coins, you would be able to reach great goals even on the falling market. The problem is that people are investing in every project with hope to become rich over night.

Escf4

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Quote from: Gabteb on January 08, 2019, 04:42:56 AM

Only Satoshi can answer this question ,about get rich quick ,what means quick its 1 week ?1 month or 1 year? for this moment i dont belive it easy make money so quckly maybe in 2017 but not now even bounty hunting becomes hard and many users leave bounties as we are bear market and many tokens and coins havnt good price,so No its not a place to get rick quickly.

In any fields of becoming rich, has a big chance and oppurtunity to be one of it , but in accomplishing this ,you have to fullfill the necessary things as key to this success , and one of this field is cryptocurrency, it is true that you will not be an instant millionaire if you join cryptos , you must have enough capital , good management of your investment and a good timing, but I believe that there maybe chance and possibility to be rich in cryptos,

Gabteb

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Only Satoshi can answer this question ,about get rich quick ,what means quick its 1 week ?1 month or 1 year? for this moment i dont belive it easy make money so quckly maybe in 2017 but not now even bounty hunting becomes hard and many users leave bounties as we are bear market and many tokens and coins havnt good price,so No its not a place to get rick quickly.

airdropcoin

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This is a good idea for the bull market. If investors invest in the token correctly, then when the bull market arrives, they can realize this dream. But many people are losing money during the downturn of the cryptocurrency market.

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