Newbies think that in the cryptocurrency field you can immediately start earning, but unfortunately, without any knowledge, this is impossible and therefore you need to first study the possibilities of cryptocurrencies and the entire cryptocurrency sphere in order to start earning in this area correctly and successfully.
If you want to generate money thought out these platform then you must have to become eligible to get a better understanding of how do things got work here. Therefore you must have to gain knowledge as well as experience here and after that, you will get a better way to generate money through your work. 
Topic: Never invest in any cryptocurrencies! - page 16. (Read 17772 times)
Yep, I also thought that I will be rich if I invest in cryptocurrency but I invested a shit coin lol.. In reality it is not easy to make money in crypto, patience must required here and the important thing is do your own research.
your own research is important, but the most important thing is never to invest all your money in one coin, even if you are sure for 100% in this coin. This was the most important problem for new people in this market and will remain for a long time.
I'm sure someday you can regret not investing in crypto currency, despite the fall in the price of Bitcoin from $ 19000 to $ 9000, Bitcoin still has great potential to penetrate $ 19,000, investing now is a perfect time
I think cryptocurrency can be no bad way to earn money. Many people have bad ideas about cryptocurrency. I think cryptocurrency is not a medium to get rich quick. So first learn about cryptocurrency then invest.
I think most people approach crypto in the wrong way. With "get rich quick" approach.
If you come to crypto with such an attitude, you should never ever invest.
If you come to crypto with such an attitude, you should never ever invest.
Honestly, that was totally agreeable because many people really think that getting in touch with cryptocurrency could get you into the path of having an easy money or easy earning upon engaging. But when they have already come up into the scenario of first starting to understand what the real deal on cryptocurrency is, they seems to be out of their mind and impatient to get into deciding to invest to any crypto.
That was totally the misconception among people who are just new into cryptocurrency and just have heard about cryptocurrency from somewhere and does not have any prior knowledge about it. Many new investors end up failing on their investments because they are too impatient and wanted to see instant results. If that would be the attitude of an individual, well honestly he must never invest into any cryptocurrency as long as he doesn't understand anything about investment. Cryptocurrency in general is not that easy as ordinary people think it is. Crypto industry is not the path on getting "instantly rich" because there is no such thing as instant.
I agree, many investors invest in crypto because wrong mindset "get rich quickly", so when he take loss, he not ready for that and will blame the projects. I see a lot of people doing this in telegram. So they have to change their mindset "crypto doesn't make rich quickly". Need knowledge, patience, confidence to become rich in crypto. And also lots of luck 
If every newbie erase that impression of getting rich in crypto investment then cryptocurrencies would have even thrive well and better I saw met of newbies entering cryptos in 2017 at the peak of bitcoin thus buying blindly without any prior knowledge of cryptos unfortunately they rekt their funds swearing never to come near any crypto related investment again.A newbie is expected to diligently study the market well and invest in coins that has the potential of pumping to 10X, 20X etc.
Well many people engage themselves in crypto because of the opportunity to earn, its not bad to have a mindset that you want to maximize your earnings by investing right? However having a mindset of easy money because of greed and not taking time to learn is the problem.
Only invest if you understand crypto. Dont rely and expect of guaranteed return because investing is risky. Having high expectation can disappoint you if something went wrong since market is unpredictable thus study the market and the coins you want to invest in.
Only invest if you understand crypto. Dont rely and expect of guaranteed return because investing is risky. Having high expectation can disappoint you if something went wrong since market is unpredictable thus study the market and the coins you want to invest in.
I request you plz, never comment this type of negative statement about the crypto investment. As, you know investment has some certain rules to follow and it involves risk. So, whatever be the asset class always follow your risk taking capability invest wisely.
Crypto isn't a get rich quick investment, if you are looking for get rich quick investment go for cloud mining platforms, MLM, Ponzi schemes etc but I can bet you that you will end up losing your hard earned money, learning comes first to make money in crypto
People always have misconceptions about investing in cryptocurrencies because they think it is a scheme that will make you instantly rich when you start buying cryptocurrencies. They don't know how hard it is to earn in cryptocurrencies with trading, investing, mining, joining signature campaigns, etc. It is required for us to improve our skills and knowledge in every field crypto for us to earn a good profit.
Invest in some new coins is not necessary. You can trade cryptocurrencies immediately, and again, and again. That way you will get a profit with each trade. But you need to it smart
Crypto isn't a get rich quick investment, if you are looking for get rich quick investment go for cloud mining platforms, MLM, Ponzi schemes etc but I can bet you that you will end up losing your hard earned money, learning comes first to make money in crypto
You don´t have to invest, that´s why people are here, to earn crypto currencies! Those who actively participate in bounty campaigns and airdrops since 2016-2017 earned for sure a big amount of cryptocurrencies to have a nice future. 
It has gone through too long, and now bounty is not as good as it used to be. For the time being I think you can only get $ 100-200 for 1 year of your work, and if you're unlucky I think you won't get anything from it.
I think most people approach crypto in the wrong way. With "get rich quick" approach.
If you come to crypto with such an attitude, you should never ever invest.
Unfortunately, this is what the new investors think with regards to crypto. They are coming because they see that they can earn money here in a quick way. If you come to crypto with such an attitude, you should never ever invest.
That is also the reason too why they are the first ones to burnt out. They thought that it is that easy to earn here in crypto whereas it is the complete opposite of it (unless you are a good trader).
In my part, I think the subject title should be rephrase because in order for me to use cryptocurrencies I must invest some money into it. Yes many people sees crypto as an investment which is supposedly not to because at first place it is a currency but since people are using it for trading and at the same time creating more money with it (and losing money), you can't blame them if they see crypto as an investment instead of a currency.
I agree, many investors invest in crypto because wrong mindset "get rich quickly", so when he take loss, he not ready for that and will blame the projects. I see a lot of people doing this in telegram. So they have to change their mindset "crypto doesn't make rich quickly". Need knowledge, patience, confidence to become rich in crypto. And also lots of luck
I think most people approach crypto in the wrong way. With "get rich quick" approach.
If you come to crypto with such an attitude, you should never ever invest.
On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?
Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)
Wouldn't the whole cryptoworld be way more healthy? What do you think about it?
If you come to crypto with such an attitude, you should never ever invest.
On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?
Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)
Wouldn't the whole cryptoworld be way more healthy? What do you think about it?
When you say " Never invest in any cryptocurrency " it means all cryptocurrency for you is just a piece of shit,
including Ethereum, Xrp, Bch, Litecoin and all top altcoins in the market. Where only bitcoin is good for you.
If that was your belief I respect that, but your belief and principle was definitely also wrong in my opinion
and for sure other's may agreed with me as well.
Cryptocurrency market is mostly speculative at the moment, so the main aim for the most traders is just to make money. They are often not interested in blockchain technology itself, they are attracted my a high-volatile market.
Why are you here if you don't want to invest in crypto?
You should invest in crypto because it will help you earn much bigger than investing in fiat money on in stock market. The volatility of cryptomarket are the reason why we should invest and earn as long as we have knowledge about it. Maybe you can't get rich quickly but you can earn a lot if you have patience.
You should invest in crypto because it will help you earn much bigger than investing in fiat money on in stock market. The volatility of cryptomarket are the reason why we should invest and earn as long as we have knowledge about it. Maybe you can't get rich quickly but you can earn a lot if you have patience.
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You don´t have to invest, that´s why people are here, to earn crypto currencies! Those who actively participate in bounty campaigns and airdrops since 2016-2017 earned for sure a big amount of cryptocurrencies to have a nice future.
If you're just looking for an instant way to get rich, then most newcomers are stuck in the HYIP world or ponzi sites that pay with Crypto. Because usually they will provide the lure rewards doubled if we join them. So if mindset is to get rich quickly, then I think many people will be influenced by them.
yes you are right, one example a few days ago when there was hacking on a binance twitter account and others, a lot of fools sent some money because it was just a big lure,money will make people blind
you are right. I understood what he said, and I also strongly agreed on that. however, it's not wrong to think of getting rich quickly from crypto, but that doesn't require us to invest in every place. the point is if you really feel that crypto can make you rich, try looking for a job that is paid for with crypto, even that can be used via a smartphone. Besides that, investing is quite risky for now, but I think that only applies to the new altcoins.
If you're just looking for an instant way to get rich, then most newcomers are stuck in the HYIP world or ponzi sites that pay with Crypto. Because usually they will provide the lure rewards doubled if we join them. So if mindset is to get rich quickly, then I think many people will be influenced by them. Jump to: