Bitcoin Forum

Due to the Popularity of the Cryptocurrencies, most of the investors gain profit in a day or week. Why do they feel the crypto market is magic? Why they become rich in a day? Does anyone have an Idea?

Because it once was. It yielded profit to investors not just x2 but upto x1000 in a short period of time. No other investment could make that, it was like magic. And we are here still waiting for the next spell.

where are you from, man? Do you feel happy when you get success in your life?
The crypto market is where you can earn multi-profit in a short time and this is the attractive thing with us. Let's image that how you be happy when you wake up and see your investment has made you become a millionaire or how you be hopeless when you recognize you have nothing after a night.  this is the magic :D
But this is a zero-sum game like forex. You get the success is not mean you never get the failure. today you are a millionaire, tomorrow you can be homeless.

Because most investors just want to make money from the cryptocurrency market.
The quick way to make money is what people expect. I think anyone wants to make money quickly.

Isn't it obvious op? There is a possibility to earn huge profits by investing into this extremely volatile cryptocurrency market which is why so many investors decided to take the risk by investing their hard earned money into this market. So many people have already become millionaires thanks to smart investments and luck which is why this market provides opportunities to earn steady profits making it more and more popular as time passes by.

Yes you are right and most also lose all in a short while. The game is okay your card well by being informed about the crypto space and most especially not to be greedy, know when to take profit and move on.

Yes! I'm happy when I achieve a big success in my life. But In Crypto market, some people are crazy and want to become rich in a very short time. How is it possible?

Because people can't get such a rate of return in other markets. No matter whether it is the real economy or the traditional finance of the past, there is no such area that can achieve such huge profits as crypto. Sometimes the profits gained in the crypto market even exceed the gambling

Because they have seen the facts in this market, often we see coins whose prices rise several times in just one day, they are like magic that is not found in other markets, but keep in mind that in this market you can also see coins whose prices fall tens of percent in just one day, stop thinking of becoming rich in a day because it's not as easy as you think and this market has lots of shit coins that can make you poor in a day

The most important key message  ;)
You will never win if you stick to the same project, you will see your money grow for a short period then you will panic when the market crashes and you will end selling cheap.

Crypto market can make people rich in short span of time. If you have let say $1k it can be times two in just a matter of week or much more that's what make people excited in crypto. But it goes with good strategy and thoroughly research. So that you end up in right decision and profitable solution.

The myth of cryptocurrency has gradually moved away from us. It is difficult for us to see the coins that have risen by 100X overnight, but we can still make money from the coins that have risen 2X-10X. I think this The opportunity is only available now. Maybe in a few years, the increase in cryptocurrency is only similar to that of stocks, so we still have a chance.

Making money in cryptocurrency was a breeze last year when even a useless project can get funded, get accepted into exchange and the tokens can be traded and pumped to the hell. Things are changing right now, of course, as many investors are realizing that the same market is not anymore 2017 but already 2018. There have been many scams and failed projects which affected the confidence of many investors and many of them returned to their normal lives after experiencing some big losses. Making money in cryptocurrency can never be magic and even if I want to believe it can be like that we are now dealing with new realities we should be dealing with.

So will you not excited when you get a lot of money in a short-term in the real world? Cryptoworld can make a poor teen with a computer a millionaire so that is why it is a magic

With the last bull people were haring about people who became millionaires from cryptos so they started thinking that these people were getting rich fast without taking into account that the people who were now millionaires have been in for years at the time. People should stop expecting to make profits from cryptocurrencies in very short time. That is how people end up falling for ponzi schemes.

An average investors like to quickly flip and take Advantage of short term gain. However,  there are some coin that such strategy may not work with.  Bitcoin always give better return when hold for a long term.

The period of December 2017 to January 2018 is the time that many investors make the most money. Because of the rapid rise of the market. And now all investors hope the market can go up like it was then so when the market goes up, they expect a better price to be able to make more profit.

Of course it is exciting to get a lot of money in short period of time and although it's a very rare occurance it has happened in the last bullrun as you can pick random coin and get a lot of profit. I agree that of that thing people think crypto as a quick rich scheme but they surely have learned that it's not the case with the market crash.

People can't get such a rate of return in other markets. No matter whether it is the real economy or the traditional finance of the past, there is no such area that can achieve such huge profits as cryptocurrency.

Some of the professional investors gain so much money and some do lose a lot because the lack of education in investing. They win because someone else loses.

Because this market is very new and interesting, new things always have many opportunities to earn profit fastly. No any market has the strong growth and fluctuation like this market, you may multiply your capital many times just after a few months or even a few days. So amazing!

This is a huge profit, everyone wants to get rich quick. But do not forget about the risks, before you invest money you need to evaluate everything. Smart investment is a success.

it is a hallmark of the crypto world where we can get a lot of profits in a very short time but also can make us fall in just a short time.

I don't understand your question.  Of course people will excited to gain profit and will be stressed if they loss.  That's humane.

I think there's no one that will not be excited earning money fast. Investing cryptocurrency is like magic because the return of investment is better than any investment vehicle. No one really become rich in a day investing crypto but in months.

I think perhaps because of the price volatility of the market makes them feel magical. The price of electronic money fluctuates tremendously, a minute ago may be rising but a later price may also reduce. It is the price fluctuation that makes them profitable by the price difference

For many people, especially people living in a difficult countries and environment, life is hard! People in this category can quickly become desperate and sell for any amount of price to survive. This kind of behaviour is evident in dex and cex!

actually, the profits that we will get it depend on how we attempt to get it. if we are smart to read the market and can manage the asset crypto well then we will get the great profits. that's a natural thing, but keep in mind that in the world of cryptocurrency we can get the advantages and also the risk such as big loss.

I think because cryptocurrency has good potential in the future and many people believe with cryptocurrency and blcokchain technology that makes people believe and invest into cryptocurrency and can also make a profit in cryptocurrency

It's not new if a new investor thinks that crypto market is a one day million market.

They think that a $1 can become $1,000 for just few days because of the early investors who caught success with it. But they don't understand that it takes time before you see some good progress if you're investment isn't too high.

But you can see great gains everyday if your investment is quite high though the risk is high too.

All because sometimes in the market new altcoins are being pumped, if you have time to buy them before the pump and correctly guess  and sell on the maximum price, you can actually make a quick x100, but it does not succeed all and not always.

Many people work all their lives for pennies. And when they make a fortune in a week, it's magic for them.

crypto is highly rewarding now because this is very young market compared to gold and stock markets. so lot more room to grow in future. so surely we can expect huge returns until we reach few trillions. then we must focus on best projects because more money will flow in to best ones.

who dont want that magic?
people are investing money to cryptocurrency for the gain of value and not to do fun.
This cryptocurrency is an amazing one in terms of investment, but be safe also.

Because it's a good way to raise a lot of money ... But there is a risk that you can lose them!

Let me correct you mate, nobody become rich in crypto just in a day. Patience is what you should have in this business considering the amount of time that you need before you can see you investment gain profit. It is not always profit in this business, there are losses too.

I don't know about that, it annoys me also, I am oriented to have a long-lasting passive income from crypto currencies and in my opinion it is really better than to have one peak and forget about it.

I'm not very excited about such growth, when crypto going up making x10 without any serious reason for me it is very strange. I prefer organic movements when they have the working product, their popularity grows.

I dont think there is anyone who becomes rich in a night, there is no magic in the crypto currencies. You still have to work very hard and smart if you ever want to get something from the crypto currencies. I am sure those who says they became richer within a night are just talking from the thin air. There are many ways of earning money through the crypto currencies but there are very few which are proven and quick. The quickest is the trading and gambling but it has got highest risk of all time. But that too dont make you rich within night.  ;D

This is because crypto currency is a very good and profitable investment as long as you can make good decisions and you also understand the market. If you buy good coin at low price and the price rise to a high amount, you make profit when you sell, though the market fluctuate sometime as crypto is volatile buy if you are patient and also not greedy, you will make reasonable profit as long as you know when and what to buy and when to sell.

I think that's what the cryptocurrency market is all about.
Because of the great opportunity, I will choose to participate.

Would you be sad about this? I think that if you are sad about this, then it clearly will not be within the framework of a normal person. Strange, but I would also be happy if it started happening.

The Crypto Market doesn't move like regular stocks. Cryptos moving up and down around 15% is normal and often for them. Bitcoin has went up over 1000x from the beginning to now. Ethereum has went up 100x in 1 year. One thing about cryptos is that they find a short time in a year to bull run to a very high price. Some coins has went up 10x within 2 weeks this year. People find cryptos to be a faster market.

What happened in 2017 in cryptocurrencies market is not just a magic but a financial revolution to some of us.  We cannot deny how many of us make good money from cryptocurrencies investments from October to December 2017.Investors are investing into cryptocurrencies because it has prove to be the simple way of making money.

I think it is the fact that when most of the investors that are putting money in crypto right now heard about cryptos, it was from the testimonies of people who have made so much money from crypto. What they fail to take into account is that these people who were giving the testimonies were actually people who have being n cryptos from the beginning, people believing that they can make quick money from cryptos is the reason that there are still so many scams.

I meet quite often people who ask me the first question, how to make money on bitcoin? How long will I be able to earn if I buy 1 bitcoin or other altcoins now.
All the people, I would call them beginners, want to invest quickly and make money quickly. But this may not always happen, due to the fact that bitcoin is a market where the price can go up and down. And the timing can all be broken.

I think that is the biggest problem in investing. They compare themselves with Bitcoin holders from five years ago, and want to earn similar profits within 5 weeks.

I also feel the same way and there are a lot of excitement in cryptocurrency like bounties, airdrops and trading. If you are looking for a passive income and you wanted to be a full time crypto enthusiast, go for trading. Huge amount of money awaits in trading and you will really learn a lot but it is too risky specially if you don't know how to use TA and FA. Airdrops and bounties are for part timers or looking for an extra income.

I honestly can relate to this feeling because I've personally experience it first-hand! I've flipped and made have grown my money exponentially during Bitcoin's BULLRUN! If you were there and during that time, well, I'm pretty sure you can relate to those times where you can grow your money 20x, 50x or even 100x in a month or in a span of few months! That is very easy money if you think of it investment wise but cryptocurrency must never be used this way but it's an opportunity you can't take your eyes off and that feeling will always linger into you. And because of that, it's made a mark that you will always be looking forward to happening again in the future!

Because they can really gain a higher profit here, especially they invested in a successful project. If you work really hard here and always sees the price if you need to sell it because the value of your token is increasing. Continue earning here and save it in the future.

But I think maybe because the market price fluctuations make them feel magical. The price of electronic money is fluctuating, a minute ago it may increase but the price will also decrease. This is the price fluctuations that make them profitable by price difference

Because they have dreams and keep on working for it.

They don't give up and try to understand the current market and profit from it.

The answer is simple because the cryptocurrency market is volatile, where the value movements of a coin are very fast especially those that occur in altcoin. we can get rich quickly but can also become poor quickly, another value of crypto can not be guessed and here the challenge is how we use the fluctuating value to be profits.

They earn profits from trading, they already invest huge money before and now the investment they have had grown so that they have a capital now to role up in the markets. Meaning experience is better in crypto when you want to earn more.

It's normal for traders. Cryptocurrency price is very fluctuative, more fluctuative than stock market. People see this as a chance to gain daily profit from it and not just few people become rich in a day. But, it's actually too risky, so i suggest if you want to trade, dont put all your funds in one coin, spread it 3-5 coins. Remember that Hiroshima an Nagasaki is destroyed in just a day. Becareful and stay safe!

In the market, of course, you can sell and buy for profit, if you look at the market then you have to prepare like a gamble. But I think we should have a strong strategy and mentality to trade in the market. If you do not have it then you probably will lose, with the presence of Crypto world then this is our chance to get money quickly just like any other investment play.

A couple of years ago it was so, and I know such people! And now quite a different volume of the market, big money will not come so quickly! Therefore, we wait, wait, wait ...

We saw a real magic in the end of 2017, when bitcoin reached $21k. This was euphoria, everyone got a chance to get a huge profit. Just like gold-fever) No wonder that people still hope to get rich fast with the help of crypto.  May be their hopes aren't in vain..

Because they lost so much since the beginning of 2018. So when the market shows signs of rebound. Everyone is happy and hopefully a strong growth for the crypto market. They hope 2017 will repeat again

So the man is arranged that you need everything at once. The temporary decline in price immediately causes panic and anxiety. Everyone wants to boil at once without any difficulties...

You could be correct the majority of the moment, but if you don't invest in the most suitable coins, you'll barely earn a profit. The only instance you should sell is if the conditions dictate that it's wise. If you're going to diversify, you have to do it right. The majority of them are just copy cat or only have a couple features which make them different. For each endeavor to try to locate a new block, which is essentially a random guess for a lucky number, a miner has to devote a small quantity of energy.

Innovation is an important portion of any brand's growth. You'll also have to do research. Market research is a great means to get the ideal market or target demographic for a solution or assistance.

Last year many investor and trader make alot of profit from crypto, they was gained more than 10 times profit just in amonth, and i think  no one other kind of investment possible to give the same return in short periode. Even crypto possible to give 100 times profit in less than 1 years. Crypto is changed many people to get financial freedom.

It is possible to make crazy gains in a short period of time, but also lose everything due to fud causing a mass panic sell. People just focus on the possible positives without realising the risks

Last year was a time when all investments were profitable and many became millionaires in this market, but this year most of the people who invest in Cryptocurrency lose money and do not make a profit.  The best advice is to only invest long term and sell immediately when you get a good profit

Because they already see the reality, more people get big income every day from crypto market, it will change his mindset. They become rich or get bigger profit because they have knowledge, fund and good strategy, there's no instant way to make money. Crypto is not magic, they similar with commodities.

in the world of cryptocurrency if we can use it well then we will also get the benefits. we know that there are so many things to do in it, like investing in ico, trading, following the bounty and airdrop. all that we can do and we will get the big profits. besides providing the benefits, there are also risks that will be gained if we not careful.

It depends on your current holdings. If you hold a very large bag of a certain coin/token, a small increase in price can give you huge gains already. But there are some cases where even smaller players gain a lot. That is when they participate in pump and dump groups (this one is very very risky).

Its not a quick rich scheme. Crypto market requires patience. Some people jump into the crypto market as a gambler to book the maximum ROI in just 1-2 days they expect a magic and wants to become rich overnight but most of them end up in loss. Actually they are enticed when they listened someone has earn huge amount in short time so some people also try their luck on the other hand sensible investor/trader trade with cool mind they look for long term investment they are not in hurry they believe on themselves. Yes there is lot of possibilities to earn good money from cryptocurrencies but in the end it all depends on your coin selection.

Because they think that Crpto just have a short life, it will be died when people reject all of them.
Then they try to put more efforts to exploit it as much as possible.
But I don't think so. -.-

In the cryptocurrency market, as long as you can find potential coins, you may double your investment funds overnight, which is impossible for any investment industry!

Just so you know even you pick those potential coins it can't guarantee you a quick profit. They always have sideways and even you think you bought the dip yet there's another dip it will just make your investment worse. Some beginner quickly jump into conclusions that once they get here they can have a quick and good return that's why when their expectations didn't met they easily give up and troll the forum.

that was me before and thanks for this because it somehow wake me in reality. maybe in time I'll be able to cope up with my losses and this will serve as a motivation.

That's a good attitude, keep improving yourself and never to conclude right away,when you made a mistake choosing an assets avoid to make the same mistake again, motivating yourself to go deeper and study well so you'll be able to find project that will bring some hope for you, misinterpretations is not a reason to give up so quickly, try more harder and start to learn how the market really works.

Anything is possible in the crypto investment,the price of your coin may go to moon or just reach the ground at anytime in very short intervals but don't invest on crypto currencies if you want to be rich in short term,the most common error of new investor os.that thought.

You should know that everyone is often interested in new thing :). Crypto world is really new and it's also a good way to earn money if you dare to take the risk or you have enough knowledge about it :). There are so many guys become millionaire after just 1 night because they chose the right cryptocurrency to all in. LOL. But I would say that just because they're lucky :).

wealthy investors in a day because they have a lot of capital to play in the purchase of various kinds of altcoins, so to make a profit is very easy, and they are also very brave in taking the risk.

crypto gives everyone chance to make profit we have witnessed that crypto market went from 30 billion to 800 billion and rational investors have sold their bags and made profits now market is bleeding again and waiting for the investors

Access to the crypto money world is easy and fast. It is important that you be careful if you want to make money in this world. Crypto money prices can rise very quickly. In this situation in the market, all the investors are influencing, it is exciting.

Crypto market is a space where you can receive quick profit or lose everything. Even someone who never ever earnt  anything , has heard about people who became rich on Crypto market. We all know, wrong case is like a virus.

not everyone becomes rich! only the most intelligent and knowledgeable kripto market becomes rich! you need to know how to trade, when to buy and when to sell! there are many people who bought bitcoin for 19,000 dollars, and now sit and wait for the kogzha to be able to sell at least for the same money!

Most of people come into cryptocurrency market due to increased growth and profits in bitcoin prices in past years and they think that it will keep increasing like that. But fact is it not possible to make fast money as they think in my personal opinion.

All the peoples are waiting for short term profit so many peoples are start the trading in crypto industry and some peoples are participating in gambling but it is too risky so better we should concentrate in trading surely crypto investment make good profit. The recent market is good growing in Bitcoin so we will waiting for crypto investment.

The fact is that many people live far beyond the limits of prosperity and any opportunity to earn quick and easy big money will always attract attention. People are working hard to earn their living, and the crypto currency gives very easy opportunities and prospects.