stick to the same option or switch to another option? - page 3.

gunhell16

hero member

Activity: 1666

Merit: 453

Quote

Is crypto included in the ponzi scheme to get rich quickly?

If you will be one of the scammers and get many victims in the community then it is! you will be rich in a short period of time.

Quote

in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

Holding is very hard to do now, most people are doing the day trade, small profit but if you wil put them together you are having a good amount.

Quote

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich

.
Cryptocurrency is a good opportunity to have money but never an overnight system to get rich.
Investment is a hard choice to pick now, there are so many ICO scammed, If IEO now is getting better we can't still be sure that they will have a bull to run once listed in the market even in big exchanges.

Quote

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

If you are greedy and dont have good knowledge in cryptocurrency you can be poor in just a night!

funex

jr. member

Activity: 573

Merit: 1

Crypto market is not a get rich quick scheme , but several people have fallen into the trap of ponzi crypot projects. Although alot of people got scammed in ponzi crypto projects a few years back many are still falling as we speak .
but if you think that is what works for you then make your choice .

But in my opinion i would say crypto is not ponzi , ponzi scheme is only brought in by scammers with the intention of defrauding people, so stay away if you can and stick to the real crypto project whose profits is determined by the power of demands and supply and depending on the use case of such projects.

Thefrolly

sr. member

Activity: 672

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

There are a lot of options in the market and what you really want to do is entirely up to you. If your current options are not working out for you, and you no longer believe in the project, or you do not see it to have prospects, rather wasting time on that, you can just trade the coins, and switch to a more safer option. But don't forget, patience is a virtue, and it is one that is needed to survive in this market.

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

You can only get rich quickly by luck. In most cases you need to deploy huge amount of work in order to achieve your dreams. If you are an investor crypto is a perfect solution for you if you have high risk appetite. We are all aware of the volatile nature of the crypto markets. That means you will go through up and down periods. And first of all you should never invest in crypto if you don't believe it will be a big part of our future.

If I were you I would diversify my portfolio with a conservative approach. If Bitcoin is going to be the mainstream currency of our world in the future then you don't need to invest much to become a very wealthy person. Keep in mind that this is just my 2 cents and should not be taken as an investment advice.

Menawi12

member

Activity: 700

Merit: 10

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

I don't think there is anything wrong with quick profit because basically we at crypto are looking for profit. Indeed investing in the long run is a good choice but seeing sometimes extreme price changes, I think securing profit is a safe choice

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

Quote from: Masyudhi on October 01, 2019, 07:54:44 AM

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

I don't think it's the same as the ponzi scheme. Cryptocurrency is unpredictable, and getting quick profits is not an easy thing to do in cryptocurrency. There is no such thing as getting rich quickly, we must be smart in making decisions when there are opportunities to be able to benefit and of course with the hard work we do to be able to find opportunities that will be able to generate profits.

Some people believed that in 2017 when bitcoin attained ATH of $20K a lot of hodlers who invested in it years back became instant millionaires thus many newbies thinks that cryptocurrencies is a get rich quick scheme judging it with how btc pumped, however forgetting the fact it is unpredictable as you rightly said I will rather stick to making a short profit with a small risk thus take my profit and start all over again rather than taking a risk that is beyond my control.

Masyudhi

sr. member

Activity: 1008

Merit: 250

SmartFi - EARN, LEND & TRADE

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

I don't think it's the same as the ponzi scheme. Cryptocurrency is unpredictable, and getting quick profits is not an easy thing to do in cryptocurrency. There is no such thing as getting rich quickly, we must be smart in making decisions when there are opportunities to be able to benefit and of course with the hard work we do to be able to find opportunities that will be able to generate profits.

manok jepang

full member

Activity: 776

Merit: 101

PredX - AI-Powered Prediction Market

Usually those who join like this are beginners or those who are always tempted to get rich quickly without fatigue working hard, by luring big profits in a short time it becomes a powerful weapon to reach new victims. One characteristic of the Ponzi system is the use of schemes lending program, where we lend a number of coins to be traded by the Dev coin. The pay is quite large, can reach 1% per day. Of course this violates ROI where an investment usually has a ROI of 6-12 months while the Ponzi system makes our capital return in just 2.5 months.

Kezacky

member

Activity: 746

Merit: 10

https://axiomapay.com/

Quote from: Barracuda on September 29, 2019, 01:15:19 PM

Quote from: Ss4sukE on September 29, 2019, 06:40:13 AM

yes there is no way to get rich quickly, especially in investing in crypto.

I agree with you, man. Nobody says crypto can make people rich in a fast way. In crypto, everything is full of risks, so don't expect that once you invest can make it rich. Actually, crypto is not only an investment, there are still many ways to be able to get a profit. And depending on which room you can get it.

yes I also agree with you, actually it depends on how skilled you are in this field. there are many ways to get benefits other than investment or trade, it's just that not everyone has more expertise. but in most cases I often find lay people thinking that crypto is a fast way to get rich. they misinterpret about this

sujonali1819

legendary

Activity: 2436

Merit: 1189

Need Campaign Manager?PM on telegram @sujonali1819

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

snip~~
Is crypto included in the ponzi scheme to get rich quickly?

This idea is only for those who do not have sufficient knowledge of crypto and there are some people who don't like crypto or look at crypto badly. In fact, the idea started with the sudden increase in the price of crypto in the last of 2017. Even then, it is true that some people became wealthy in a short period of time due to the sudden increase in prices of crypto. Actually , Those who want to want to move forward among with the crypto day by day, they understand how hard it is to earn money from crypto and how difficult it is to get rich.

Krismanto

member

Activity: 574

Merit: 11

HiveNet - Distributed Cloud Computing

I believe that this crypto is an option to get a quick profit. I personally have done that and happened in 2017 to the beginning of the year 2018. Maybe for many people, the gains I get are still very small, but I am fortunate to be growing with crypto.

It is possible to make money now very difficult because the crypto conditions are not the same anymore as the year 2017. What you say right we should use common sense. That we don't have to wait long enough to make a profit. However, daily trading can be a great option.

Barracuda

full member

Activity: 514

Merit: 100

Quote from: Ss4sukE on September 29, 2019, 06:40:13 AM

yes there is no way to get rich quickly, especially in investing in crypto.

I agree with you, man. Nobody says crypto can make people rich in a fast way. In crypto, everything is full of risks, so don't expect that once you invest can make it rich. Actually, crypto is not only an investment, there are still many ways to be able to get a profit. And depending on which room you can get it.

Ccscopst

jr. member

Activity: 40

Merit: 1

changing other options is a good way to get profits, it can be like trading or investing with bitcoin which is definitely safe and profitable.

Ss4sukE

jr. member

Activity: 406

Merit: 3

yes there is no way to get rich quickly, especially in investing in crypto. all have their own consequences, in this case I think that determines your destiny is your brain, I mean the expertise you have in the role of the crypto market. if you have skills that are rarely possessed by others I think you can be rich but not overnight.

Lantind

sr. member

Activity: 2324

Merit: 263

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: cahbagus555 on September 28, 2019, 11:53:02 PM

It's better to avoid the ponzi scheme or money games because of the high risk. It's better to invest in altcoin that already has a product with a large transaction volume in the exchanger. Altcoin which does not have liquidity in my opinion will only bring losses, it's better to leave

That's right, I agree with the advice you gave, because I myself have experienced losses through altcoin that does not have liquidity, so I strongly agree to leave altcoin that does not have liquidity and switch to altcoin that already has high volumes and products on the market. , because a lot of profit is always open for us to get through Altcoin which already has a good volume and product.

cahbagus555

member

Activity: 756

Merit: 12

Quote from: joshua123 on September 28, 2019, 09:30:50 PM

These are thinking of the newbies that will enter the cryptoindustry. They thought that they can have more profits and income if they joined business related to crypto, but the truth is isn't easy at all as they say. Could be easy for some, but that needs a long over of experience especially in trading. Dont ever joined ponzi scheme that related in crypto, surely you'll bleed out once you realize it isnt worth any time and investment at all.

It's better to avoid the ponzi scheme or money games because of the high risk. It's better to invest in altcoin that already has a product with a large transaction volume in the exchanger. Altcoin which does not have liquidity in my opinion will only bring losses, it's better to leave

jazmuzika217

member

Activity: 476

Merit: 12

For in it depend on people who invest. But for me it is good to stick the same option because it is safe thing to do. But in switching another option is not a good idea for me. To make it more secured I think you need an additional activity to make another income because if youre goal is to become rich you need to have more activity and income.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

People are investing what they cannot afford to lose and with their savings so they go for projects with a promised of a return of profit in a short period of time, this is wrong, the price is moving up because the platform attach to it is also developing and it will take time to attain this goal.

joshua123

full member

Activity: 527

Merit: 113

These are thinking of the newbies that will enter the cryptoindustry. They thought that they can have more profits and income if they joined business related to crypto, but the truth is isn't easy at all as they say. Could be easy for some, but that needs a long over of experience especially in trading. Dont ever joined ponzi scheme that related in crypto, surely you'll bleed out once you realize it isnt worth any time and investment at all.

jcarlo

member

Activity: 798

Merit: 10

Quote from: Senar Gitar on September 25, 2019, 03:17:16 AM

Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.

This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.

but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.

In the market, investors can liquidate their assets and disburse profits and this practice is common and not a ponzi scheme. In the cryptocurrency market there is always trading and there are buying and selling transactions so it is natural that there are losses and profits and there are more types of investors to hold the long term and there are also speculative types

Topic: stick to the same option or switch to another option? - page 3. (Read 811 times)