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Topic: Is Crypto A Way To become Rich / Millionaire ? - page 43. (Read 15794 times)

jr. member
Activity: 454
Merit: 1
I would say it depends on the angle from which each individual sees it. It is possible for some people to see it as a means to regulate financial transactions while some may see it as a way to become rich. As far as I am concerned, crypto goes beyond the level of making one to have financial freedom or become rich even though I joined primarily to make money from it,but I have come to understand that with the innovation of crypto, some projects that are highly beneficial to human and economic development could be more developed and stabilized through the blockchain operation. However, I would like to say that crypto is a good business investment that can terminate financial hardship if one knows how to trade and invest in it.
member
Activity: 280
Merit: 10
in my opinion the blockchain is a system to replace a system in banking. and the enemy blockchain is a bank. I can't explain the purpose of making BTC, but it's possible to replace payments

I am totally agree with you on this. The blockchain system found for solving decentralization problem and the system will replacing with the banks. Ofcourse you can make good fprtune with the cryptocurrency if you can make the right moves on the right times. The right word is "hope", thats why millions of people invested in this market and hoping to make money..
hero member
Activity: 2128
Merit: 520
I don't think satoshi created bitcoin to solve poverty they can lose their money if they think bitcoin as a investment you know bitcoin is volatile so risky, I think he just created bitcoin for fast transaction in online. 
There's a sole purpose why Bitcoin was created not just a quick way to earned but to solve or help payment transactions, it can lessen the delayed and can be used from boarders to boarders with much lesser fee, if being adopted it will bring new options for most people to deal with overseas payment forms.
copper member
Activity: 995
Merit: 1
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  ?


Many will say that I'm wrong. But it seems to me that the crypt now cannot make anyone really rich. Scammers falling market. Projects that are simply useless.
member
Activity: 238
Merit: 12
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  ?

Ofcourse his intention wasn't to make a "get rich quick scheme". Bitcoin was invented to make peer-to-peer technology to operate with no central authority or banks for making financial transactions worldwide.
sr. member
Activity: 630
Merit: 263
I don't think satoshi created bitcoin to solve poverty they can lose their money if they think bitcoin as a investment you know bitcoin is volatile so risky, I think he just created bitcoin for fast transaction in online. 
We still don't know who Satoshi Nakamoto is. I doubt he wanted to make quick translations on the Internet. It seems to me that the purpose of creating cryptocurrencies was the destruction of the monopoly of bankers and an attempt to resist the monopoly of the dollar in the world market. But as long as it will be possible to change bitcoin into dollars it is impossible.
newbie
Activity: 34
Merit: 0
i think its upto to them how they deal with crypto to get more profit.
full member
Activity: 1358
Merit: 100
I don't think satoshi created bitcoin to solve poverty they can lose their money if they think bitcoin as a investment you know bitcoin is volatile so risky, I think he just created bitcoin for fast transaction in online. 
member
Activity: 616
Merit: 10
FRX: Ferocious Alpha
Crypto is a way to become financially independent ..It is not centralized like the old business models. It is more transparent and powerful!

I think it is the way for any one to manage his or her wealth independently. Gigzi project is a good sample of that https://gigzi.com. People need to feel more freedom and in control of their money/wealth. So, yea crypto is for freedom and security.

full member
Activity: 573
Merit: 105
If you are a beginner then yiu should only invest a small amount of your money first. If you think you are well and knowledgeable enough when it comes to trading digital currency then that is the right you will invest large amount of your money. Do not put it all in crypto. Try doing business as in physical business so that you still have declared assets snd investment.
hero member
Activity: 2646
Merit: 686
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  ?

Hey Bitcoins was not created to solve poverty, rather it was created as a decentralised store value as Satoshi was frustrated with the existing payment system prevailing back then. I would say yes and no to it becoming a way to become a millionaire, e.g. if you see Rapper 50 cents earned millions by investing in bitcoins back then. However many even lost their money when they brought at 20k and sold for losses, bitcoins can make you rich or poor but it depends on how you use it.
jr. member
Activity: 644
Merit: 1
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  ?
Cryptocurrency was not created to solve the problem of poverty or as a system of rapid enrichment of individuals. It was created only as an alternative system to the existing payment systems, so as not to depend on the states and their structures.
Cryptocurrency can not solve any social problems. She after all does not create material values, she only redistributes them.

And yet, in a sense, the cryptocurrency solved such a social problem as unemployment. Since many have found a job here, when there were no other alternatives.
sr. member
Activity: 2282
Merit: 470
Telegram: @jperryC
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  ?

Of course satoshi didn't create bitcoin to solve poverty if so why poverty still exist and how do actually bitcoin eliminates poverty using bitcoin?

Well I think satoshi created bitcoin in order to have an anonymous transaction where everyone are free to make transactions anonymously and secured.

I may say that no... crypto industry is very volatile we're not sure what will happen to the next few months or weeks investing to crypto is like a gambling.
oho
full member
Activity: 490
Merit: 100
Investing in the future development of blockchain
I will not deceive anyone - I am in cryptocurrency to earn money, because it is a promising technology! I do not deny that it is useful and can turn the whole world upside down, but I don’t put deep meanings in it!
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming 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  ?

I think Satoshi created bitcoin for solving financial transaction problems but also resolve poverty issues for the individual. I believe that in every job we did, we can become rich but it depends how good we do that jobs, and it's also for the crypto. But unfortunately, many people do think the crypto is a fast way to become rich because they only need to invest their money and then wait for few days, and voila, they make a lot of money and become rich. It's not like that, and they need to change their mindset, the crypto will give you money but only if you do something related to the crypto.
copper member
Activity: 140
Merit: 0
www.codex.one
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  ?

Why not read his white paper? Though people nowadays are using bitcoin to support their daily living, it is not the only usage of it. Bitcoin's potential is far more better if we can discover it through many uses like ATM machine, government salary, voting systems etc.
hero member
Activity: 3052
Merit: 651
It is to solve the financial issue and that is written in his whitepaper.

It was never really about the money or becoming rich.
Look, it just changed when there is a lot of posts about investing a little and making profit 10 fold. Started with ICOs actually.

Then here we are now. Full of scams and just fake ICOs to create money and not really about solving the problems in our payment systems.

Now, there are more people who want money than making a change.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
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 you know how to play this game right you can make money here, people are treating Cryptocurrency investment as a get rich quick because so many people made money here, these people just got in the right time and got out at the right time also, it's about timing when you got it and exit.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
Crypto can indeed help someone change the economy for the better.

Crypto has made the economy improve in terms of transactions. but to make someone rich, it's only a lucky factor that plays a role. If that person doesn't use crypto techniques, it will only make things worse.

But for me personally, this is indeed difficult to achieve because it requires great ability and capital.

That means you have to get rich earlier before you start using cryptocurrencies..
hero member
Activity: 1274
Merit: 500
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  ?

Bitcoin created to make our transaction more easier and cheaper. Bitcoin dont need third party like banks for our transaction. But bitcoin is a store of value too and people can invest and gain profits from it. I think its not an easy way to be richer but its to maintain our asset value
Bitcoin cannot make you rich at this time because the value of Bitcoin has been greatly reduced in the past. I think maintaining assets in this market is very risky because external concerns will make your assets more vulnerable. I personally believe that this market should only invest and should not keep many assets in this market
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