Never invest in any cryptocurrencies! - page 21.

giammangiato

legendary

Activity: 1862

Merit: 1327

Quote from: mintme.com on July 21, 2020, 12:23:00 PM

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?

I agree with what you said, but I think often the publicity that people do on bitcoin is totally wrong, many are just looking at the value of btc and hoping that they get rich immediately, but in reality it is now difficult to access the train it is gone! we should think more about how to make it usable for payments or as compensation for works or for purchases of goods and services, the one for which btc was born, digital payment. The same goes for altcoins too

semobo

full member

Activity: 1498

Merit: 146

Quote from: diazepam666 on July 21, 2020, 01:45:13 PM

Cryptocurrency is the future currency of entire world, So we must try this crypto investment because it will useful to survive on anywhere. This statement is totally against in crypto platform so If you don't now the efficient of cryptocurrencies, you can consult your queries. It have various sectors so before to enter we must plan our perfect suitable manner then try it

Crypto isn't really an investment, we just made it in that way for our benefits but the things keep changing.In 2017 ICOs are giving huge returns to investors but in 2020 none of the investors are even recovered their capital so cryptos also might turns out to be a stable asset and this is really indeed if we need to use it as currency.

GatotKaca

sr. member

Activity: 1372

Merit: 250

Seabet.io | Crypto-Casino

not everyone will think the same as you, don't invest in crypto for me when understand and have high knowledge about crypto will not hesitate to invest in crypto despite the very high risk because from the year before that many rich people suddenly invested in crypto

diazepam666

hero member

Activity: 1162

Merit: 516

1BTC Welcome Bonus

Cryptocurrency is the future currency of entire world, So we must try this crypto investment because it will useful to survive on anywhere. This statement is totally against in crypto platform so If you don't now the efficient of cryptocurrencies, you can consult your queries. It have various sectors so before to enter we must plan our perfect suitable manner then try it

sujonali1819

legendary

Activity: 2436

Merit: 1189

Need Campaign Manager?PM on telegram @sujonali1819

Yes, you are right that our first mistake is we start thinking that crypto is a thing where we became rich overnight. who still thinking this crypto is not for him.
But I do not agree with people should not invest in crypto. There are many rooms to be a successful investor in the crypto world if you can take it as a professional. as I said before crypto is not for him who thinks crypto is a tree of money. where we can easily take it. You have to think, research, learn before investment. then you could earn some profit from it. Otherwise, only earning is better.

JungleOnion

sr. member

Activity: 868

Merit: 279

We all should participate in the crypto and blockchain industry as end users and potential businesses or developers that can add value to a project. Investors or speculators only care about profit so I do agree that we should approach this technology more from the utility perspective than the financial one.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: mintme.com on July 21, 2020, 12:23:00 PM

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?

So you are saying that people should "earn" in crypto currencies rather than invest on it?/ Kinda sounds like you are saying people shouldn't buy it and they should just collect it, which sounds totally wrong. You should buy crypto currencies and investing on it is really a good option.
What you shouldn't do is invest to make profit over night. You shouldn't invest in it before getting to know more about crypto currencies. You shouldn't invest before learning about the risks and how the market works!

Eddyc

sr. member

Activity: 1020

Merit: 391

There is an illusion that when you enter the world of crypto you can multiply in large amounts the money invested. We will not deny that this possibility exists but when analyzing the market we find an up and down pattern that accompanies a flow. So for you to multiply your investments, the project must follow a flow of adoption and variation and also your investment value must be considerable. Lack of knowledge is also a problem because it can lead to large losses or investments in malicious projects leading to major frustrations.

electronicash

legendary

Activity: 3178

Merit: 1054

the word bullrun i think correlates to get rich quick.

you can't blame these people because the webpages of the developers are always going to make someone expect the price could go to the roof. bitcoin and altcoin speculation threads fuel the idea that one day their hundred $ investment could actually save them from becoming homeless. some are seriously putting all their faith when they read some user's signature saying "in crypto we trust"

Pffrt

sr. member

Activity: 1372

Merit: 322

It's a problem for new comers in crypto investment. Around mid 2017, a report on mass people showed that "Bitcoin is a thing where we can invest and earn money." I'm talking about my country situation. I'm sure most of the people from other country had the same attitude and still the newbies have. We are promoting crypto as investment rather than its ease of usage. If we discuss how convenient crypto is rather than discussing it as store of value, it may possible that the adoption would increase.

livingfree

hero member

Activity: 2884

Merit: 579

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: mintme.com on July 21, 2020, 12:23:00 PM

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.

I agree.

If the new investors have this on their minds, they shouldn't proceed. Crypto isn't a rich quick scheme or an overnight success that will drive them to their wealthy life.

Because of the scam investments, they have provided this definition to the community and even to the newbies.

LbtalkL

full member

Activity: 1176

Merit: 162

Yeah they should treat crypto as another form of money, a digital money. But in crypto we have more opportunity to earn. Yes, in traditional money we can also earn by trading our national money thru forex exchanges but the movement of their prices is pretty stable unlike in crypto we can witness a huge increase, that is the opportunity everyone is waiting, you are correct it is not a get rich quick scheme it will not happen in just 1 day it needs time and patience.

mintme.com

copper member

Activity: 832

Merit: 18

Create your coin for FREE ★mintme.com★

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?

Topic: Never invest in any cryptocurrencies! - page 21. (Read 17751 times)