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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.

Maybe many newbies think crypto is quick way to get rich quick? Maybe just maybe, 2017 green market have make many newbies think that so it will always be forever in crypto, they don't know that weather will always change, there is time for everything, the hard crypto part is already taking over and now only the strong will remain with crypto and the weak ones will leave until another full green market shows up and those weak ones will rush back in

Many ponzi schemes and HYIP investments have implement bitcoin and eth for users because crypto is the fastest and the most popular today, scammers knows that many people are using crypto today and infact its more easier to scam people with crypto than fiat

There were hundreds of ponzi schemes that used cryptocurrency for attracting their potential victims. I think many have already understood on how this market works. Last year, it was full of disappointment because many expected that it will also be the same as 2017 but it didn't happen.

Well, last year was a wake-up call to most who thought about this market as a source of rich quick schemes or overnight success.

I never thought like the tone mentioned. Investing not only in the crypto room, but also in other spaces is full of risks. Those who think that crypto will make it rich in a matter of hours, are those who have never entered the world of investment.

Well that's because some of whales lead newbie and create opinions. But now these newbie are aware of  whales scheme so they are reluctant to return to investing in crypto. Especially big investors, just look at interest in IEO and ICO starting to fall from last few months when compared to last year, decline is very significant and when viewed now only some of projects are successful.

no, crypto is not a part from the ponzi scheme buddy
if we hodl a good altcoin such as ethereum and binance coin, i think we should go with the same options mate
just like your words above, "there is no way to get quick profits" because crypto is not a quick rich scheme

its usually case here in crypto. who wants to be a millionaire?  everyone will raise their hands.
money will always bring people to where they wanna be, even this forum attracts more people to come because they've seen people earn from bounty campaigns. crypto offers the convenient way to get rich like holding some coins and wait for the bullrun, now that they see the prices of BTC took a nose dive and emerge once again, they have it in mind that it will go to space in matter of years.

with use of reference on work with evaluation the customs on profile might exceed as showing with reference of customs on limit as investors might comes as the use with possession of technical skills and basics on ideals with supports on manage as complying with tasks of modification.

If you want to become a millionaire with crypto you better get yourself a time machine or find a worm hole somewhere, travel back to 2009 and start mining bitcoin. There are no miracles, this is the first thing everyone needs to understand.

If you have huge capital invested on cryptos then you can make huge profits over night as well but this won't work too often.crypto ROI is definitely high than the traditional stock investment and much faster reap as well only thing is people get panic and changes their decision while see huge price fall or rise.

It's part of investing in Cryptocurrency, it's expected you have no control of investors if they want to sell their shares, in a short period of time, or they can hodl it and sell in the future, developers should prove that they are here for a long time and their platform will become a platform the community can use.

Crypto isn't same with ponzi, where you are promised to multiple or get % daily return from yout investment in ponzi. In crypto, you don't get any promise even you hold the coin for long time, it's unpredictable, or sometimes people saying that's because market being manipulated by some whales.

Instead of option I call it strategy
You don’t need to choose wrong options; just before delving into investing at all; the first thing to do is to identify your strategy

Switching and swapping Strategies will bring more dump than moon

You are right, indeed in crypto investments, investors will not be promised profits even though holding coins in longterm. This is a risk that must be considered, many do not read the Terms & Conditions, and when the coin price goes down it will say SCAM, PONZI etc.
As investors who want to invest their capital in the crypto project, have to think about risks that could occur in the future. No one can get rich overnight, it needs a pretty hard, focused and patient effort.

The problem is when the layman just "joins in" trading because of the smack of large profits offered in the trading world, and without sufficient knowledge of the crypto world. I think people like that are "stupid" people, because they invest money in a world they don't understand at all.

I don't think that earning money is so easy. I agree with other persons that investing in crypto can help to make you rich in a short period of time. But not for all investor. Because everyone doesn't invest in the same project. So there is high risk of losing money as well. 

There are no investment that really safe. This thing must be planted in our mind since first. About ponzi, i think it is just some people who make bitcoin to get advantage from it and crypto/bitcoin itself, is like money. So bad or not it is all depends on who use it. About market, bitcoin's volatile is something that people already know and not always we get profit in trading is something that already fixed.  ;D

Many mindset comes to play in cryptocurrency. But thinking or taking cryptocurrency to be a ponzi scheme is a wrong mindset. Making money in cryptocurrency is a rigorous act which is painstakingly followed. There's no quick fix one might get lucky from time to time but quick fixes doesn't last.

Well not patient is one of some problem that gonna make you failed on cryptocurrency. Join coin with ponzi scheme system is wrong way. You just gonna hear about success and get rich with instanly from them. Just skip anything that come from someone that promoting ponzi scheme coin/token

There is no harm if people want to seek profits in the short term. Everyone has their respective strategies in seeking profits. I am sure, many people play on this option or even two options at once. The market situation is indeed difficult to guess at this time, so what must be done is how to benefit in this situation. So don't blame people playing for the short or long term.

Crypto is never is a get quick rich scheme, you need to understand the space before investing, this has made so many loose because what they expected wasn't what they saw and so they sell off thereby selling at a loss. If you understand the space you will know you need patience to scale even when there is dip. Again it is advised to invest spare money so you can have patience at the long run you will make profit.

Cryptocurrency is not a ponzi scheme basically, but many peoples use it to running ponzi activity to get quick money.
Investing means you will need your time to let our investment growing over time, not very fast like only in one day.

for most lay people would think that investing in crypto could become rich overnight. but for most people who have expertise in this field can benefit quickly, I mean one of the project fraudsters who misuse their expertise for personal gain.

You can say whatever you want ;D

But I don't think that crypto is included in the Ponzi scheme because if you want to make money from crypto, you should have the skills to trade. That is the important thing so you can analyze each coin inside the market. If you want to invest in something, you should know how to make a profit, so you know what you need to do regarding that.

There is no fast way to get rich even in the crypto because if you invest in crypto, you need to wait for a while. The price will go from the low price into the high price, and that will happen over and over. But if you don't want to see the journey of the price, then after you bought the coin, you can close the exchange, wait for some time you decide to sell the coin so you can make a profit.

as we know that crypto is not a ponzi scheme of getting rich, there is no easy way to profit overnight. all have their own consequences if someone gets wealth in the short term maybe it's one of the scamers who has deceived many people or hacked an exchange on a large scale.

It's not but for some people and it may be yes, remember about the existences of ico can be considered as a game but it's not a ponzi game and it's much more like gambling dude and i hope you can understand the differences between gambling and ponzi.
As long as you have taken the right now and to get 5x in overnight is possible and remember about how much millionaires have born from crypto.

in this market it's like a game so you have to be smarter if you want to make a profit here, people who get short-term profits include big whales who pump their own coins, con artists who take ico project funds, their exchange hackers are crypto ponzi schemes.

Crypto stands out when comparing with ponzi schemes, bad people are the one using crypto in ponzi schemes and its left for investors to control their greed taste because only greedy beings will keep falling victim for these tricks

i heard someone who used crypto as a ponzi scheme where they asked for money and invests it on btc, but when volatility started to hit, they all ran away and some are facing jail time due to complaints. People are indeed looking for fast ROI but it really aint gonna happen, it requires you to have patience and at the same time, support the future of crypto by looking at projects like a mobile carrier in Korea that are aiming to remove fees by these manipulative corporations and will provide a universal sim (https://finance.yahoo.com/news/meet-team-experts-behind-elynet-131500256.html?utm_source=lx). Everything does really take time, which applies to all start up projects.

I guess we have to focus on mass adoption and not be impatient. We're early adopters for this amazing technology and its exciting to see what's coming next.

When people started to be greedy, common sense is thrown out of the window.

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.


It boils down on the bull run in 2017, people think that the price would go on a parabolic rise, and totally forget that the market work in cycles. That's why most quit their job focus on making easy money. So we also need to look at the future landscape and adjust as well.

Crypto is not ponzi scheme, its just that some people are thinking its similar because they want to earn easy money and have high return in a short period of time.

About sticking with the option or not, well it depends on you. But its better to choose the one thats best for your investment or the one that can give you best result once you chose it. With the market condition those who can bear this situation and can find a way to overcome it will likely to gain profit after bearish trend.

People sell altcoin when prices go up because many people think altcoin is a speculative investment. This is different from bitcoin which is the main currency in the cryptocurrency market, when bitcoin prices are hard to start rising, investors tend to buy and hold it

There are some ways when you can get rich by a lucky investment, but those times have passed. There will be another opportunity when green market will return, but for now, do not be greedy and wait patiently for outcomes.

One should not think cryptocurrency is a means of becoming riches quick. It may be possible in the past wherein even shitcoins got high price. But nowadays, investors and traders are very much aware about crypto market, and they want to play on a safe side so as to avoid losses. So one should wait for long to get profit from the market.

crypto is not a scheme to get rich like they imagined, I think crypto is a profitable investment in the last decade. especially with bitcoin which experienced the highest price increase in 2017. from there many newcomers thought that crypto investment could become rich overnight.

Well you can't generalize the trading strategy for everyone. Everyone invest according to his own wisdom. If someone thinks he can make quick profits through day-trading or arbitrage then what's wrong with that.
Same goes with options too. Some investors love to stick with limited choices and invest in such coins for long term while some investors love to explore and switch between coins to earn margin. We can't say which strategy is good or bad, as far as one is making profits, such strategy is fine.

Most of the people that have made money through crypto got that money through long to mid-term holding or long to mid-term trading for large movements, not from some magical pump that comes from nowhere. People get burned from treating cryptocurrency as something you can milk money out of quickly, and it's pretty apparent even just from the dump we had several days ago. That's not to say that people who trade shorter timeframes or hold for shorter periods of time can't make money, but it's certainly more simple and often times more successful to be playing for longer timeframes with crypto.

Most newbies think that way. Just because a lot of people had earned decent amount of money last bull market, it doesn't mean that the market will stay that way. The market is complicated and it is difficult to speculate. The reason why newbies who jad invested their money on crypto and had lost it due to FOMO stays away from crypto. All investment requires risk, and no investment would guarantee you a great return.

I really love the concluding part of your writeup. It clearly states the whole situation of this current market. It is all about survival first. Stay alive by all means, either through the old strategy or another. Profit will definitely come but will never be overnight.

Lots of people think crypto is new way to become millionaire overnight. But this is not true if you see how market is behaving. Golden old days are already gone where you get lots of legit free tokens or coins for free which inturn gave good money.

All new comers are thinking the same way that cryptocurrency is the best access to be a rich in just a short time.
Well Crypto is not that lucky go lucky, we are here with brain and knowledge to use, if you want to be rich then you need to be smart!

i don't know what points you mean, but when it comes to options for getting rich then there will be many options available but one thing you have to understand is that there are no options for getting rich quickly or even just overnight. alright, you still believe that option but i'm not sure that option is a legal option, because to get rich it takes a long time and struggle

Those who are yet to understand how the crypto space works are the ones who will think it is a get rich quick scheme, and most times they are always disappointed and also, they are always the ones to say unwarranted things about this space. The issue is, for example, if trading isn't working for you, try holding; if that isn't working as well as try IEOs but in each cases bear in mind that there are underlying risks. Furthermore, I think sticking to one option isn't good, it's better to explore more with the right knowledge.

There have been some lucky chaps who entered crypto market just before the last parabolic run and took profit near peak and these kind of people were also there before earlier bull seasons, so yes their have been many life changing success stories and quick rich success stories in crypto market but overall i would say that if crypto is highly profitableit can also result in huge loss. The simple formulafor success in this market is to try to pick couple of top coins from the dip and hodl for long and take profit when you think that price has reached the peak and then repeat it again.

I had the same thought when I first learned about crypto, and I realized it when I suffered a loss. I think that kind of thinking is really wrong and it's a natural thing for many newbies to think like that.
crypto is not ponzi I'm sure of that

We can't blame others because that is most likely people's impression about crypto and even us but our mind is already enlighten and we know that we are totally wrong. We suffered losses that are because that is the fact about crypto and it actually we have to experience that for the sense that it helps us to educate our self and to know that we did something wrong.

If we are an open-minded person, we might be able to accept the market challenged and not easily bored or shows depression for the reason that we just lose in one or two. Stick to the thing that what we believe is true and crypto means nothing but a profitable engagement. 

Yes indeed, there are a lot of new investors, who are in the same opinion and more than your opinion from the last bull run most people earned multiple money and they think it never will happen again. But in my opinion and of course, as you above mentioned, l would like to emphasize that such things must not be ignored that it is difficult to talk about it, on the other hand, l believe the market will not stay, it will change.

This is a way of thinking that must be justified. Cryptocurrency is indeed profitable, but this is not a game or gambling. If you want to get the maximum profit, you have to do it with in-depth analysis, choosing the right niche, the right timing, so you can get the maximum profit. If someone offers you to send some funds and will multiply in a matter of days, of course, you have to be careful, it could be a fraud.

No easy way of getting rich but still it helps a lot. Not being greedy and have a smooth study about the market movement. The bearish market thought that not all the time you can get profit but still trust the coin you invest with. Beware and avoid those who offers good amount because that might a bait and just a scheme of fraud.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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

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.

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.

 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.

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.

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.

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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.

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

The year like 2017 in crypto space always comes once in a blue moon, i pity those who entered crypto investment thinking they will get rich in few months not knowing its not easy to get rich in crypto, how prepared and determined you are is what will make you achieve whatever aims you have in your hearts

You can change your option depending on the market situation. If you see BTC dominance or market goes sideways, you can stick to your same strategy and try to gain some profit. If market is bad, I try to get rewards from projects and make some profit out of them. So usually it depends on how the cryptocurrency market is going.

most of those who are new to the world of crypto, assume they will get rich quickly if they go directly into the world of crypto, which is not the case, if they think crypto can enrich them in 1 day means they are trapped by a ponzi scheme where they have been doctrined by irresponsible parties answer. I survived. in this world there is no instant all need a process, even you want to eat instant noodles must cook first  ;D ;D

Most of the people don't have patience to stick to the same project they've invested to they switch to another which for me never worked as I soon as I switched , the coin went skyrocket in price and I lost money ...since then I stick to the same project and I make further investments to another without making the switch of funds. Take notice that if the project is dying , don't wait for your funds to go to 0 and better make the switch with whatever remained.

There are no 2 options for the crypto investors, the choice is up to the investor depending on the personal experience and the trading skills. The quick-rich altcoins don't exist anymore in the bear market, the limitation of the getting rich suggests to avoid the scam-Ponzi projects at all costs. To be a conservative investor, having proper time management skills for the timing correct market trends and the advanced level of money management are essential.

Crypto being a new market is highly volatile and people have used it to make good profits which they would not have made in any other investments. There are many people who lives off the profit from daily fluctuation of the prices of crypto.
But it doesn't mean if someone is profiting from crypto, you can just jump in and make money. Earning profit through crypto is not a piece of cake, you need total dedication towards it and study every of minute events to predict the near and far future.

This past few years and still ongoing, crypto has been one of the most favorite ponzi scheme of scammers as they can easily scam on it, good thing the people now becomes wiser and they prefer trading rather than investing in ICO/IEO as majority of it were actually scams.

For those who has raised fund during ICO and turned out to be scam, then they earned quick money in just a short period of time.

Crypto market is so volatile that anything can happen anytime and the best option you have is to choose a strong coin or solid project that have big potential to grow. just stick to you mind that bear market always has it ends and only those strong coins will survive.

choose to investing our money in cryptocurrency is not option to make us rich in just one night, we need more dedication.
because in crypto the value is volatile and we must take any chance to make us get more profit, because in crypto is not way to be rich quickly, maybe you can become poor quickly

Sometimes it begins to seem to me that this is a complex branched Ponzi scheme. When I came to crypto, I sincerely believed in altcoins, after that BTC was a priority. Now I generally doubt crypto. But I stay with the altcoins with the hope that someday this will work.

Everyone has their own idea of wealth. What do you mean by "getting rich quick"? A thousand? Million? Because day trading gives many the opportunity to earn a thousand dollars a day. And sometimes, even more. But for this you need to constantly monitor the rates. The main - is a wish.

If it ain't broke, then don't fix it. If your current option is working for you, then stay with it. But if it isn't working, then you need to switch to another option.

Doesn't everyone have different tendencies, friend? some choose investment or trading for the short term and long term, depending on the circumstances and passion of each. Turnover from fast and continuing profits is a strategy that is often used by day traders if there is a good opportunity then enter the market, hit and run. Of course, this must be based on good technical and fundamental analysis. It is different if we discuss newbies who carelessly manage their funds in cryptocurrency just because the lure of quick profits, without a strategy, without analysis, is bad.

crypto is not a scheme to get rich quickly, maybe you mean someone who has expertise in this field, so they are in a hurry to get money quickly because they already know the risks and returns they will produce.

yes investment always has risks, and you must remember that the crypto market is free and what determines your destiny here is you yourself based on your knowledge.

same option or other option?
If you believe in the previous option, you don't need to change to another option, but if the previous option doesn't give you good feedback, you can switch to other options that can change your life for the better.

This is correct, crypto market can make you extremely rich when you invest big or doom you. It all depends on strategy adopted, be very sure you invest what you can afford to lose too so you don't get very worried when things do not work out as planned. If one strategy do not work for you, then switch to another.

Meaning to say, if you will going to adopt the strategy from market analysis and fundamental analysis in stocks, it will not be effective? because as I perceive, since the Return of investment is so different than what we have in crypto, so as the strategy that we need to implement. But for, it is tried and tested how I apply the market analysis of graphs and representations to somehow predict the short term market.

The cryptocurrency market got a bad image from the public because of the scammers. People though that all of the investments are now scams because of the quick rich scheme.

But not all Crypto can be made bad images by scammers, only a few Cryptos that they can make into Ponzi schemes.
We cannot expect profits to be multiplied from current market conditions, due to the Bearish trend still continuing.

It cannot be considered as ponzi scheme as you cannot earn easy money in crypto currencies if you don't have the skills that is needed to get a profit from it.

There is no quick profits in crypto, in crypto if you are trading then you need some time before you can earn a profit from your capital. And if you are a marketer, you need a client to earn a profit and if you are a project owner you need to create a solid project that will succeed to reach your softcap. There is no shortcut to everything, you need to work for it.

That image already acquired by the whole of the cryptos, scammers are everywhere right now and this is a big problem in the crypto. You should stop to say bullshit about that and what you are saying is a non-sense. The era of Ponzi for crypto has already ended but the era for scammer that creating fake ico is always happening right now.



To get the multiple profits are still possible but that depends on how smart you are, you should remember if there will always be a winner in the crypto market and a loser. That's a part of the game in the speculation market. Anytime people are feeling ambitious to create a huge profit from the market. a bearish market is not a reason but just try to talk with your self about how much effort that you have already spent it.

Nothing's new here. The new ones would always go for easy profit. They are simply lacking awareness of what cryptos really are. They are depending on their impressions about cryptos especially as an investment. They are expecting that investing to popular cryptos would always result to profit. But the reality is the total opposite. Cryptos are naturally volatile and as we can see, there's a bigger chance to lose profit than to earn. Not to mention scam projects which are scattered in the market. This simply implies that they should be observant first before engaging into any activity in cryptoworld.

if it's a choice, maybe I will use the current options such as holding on to bitcoin and altcoin BNB investments. I do not dare to take risks by diverting investment in any project. but sometimes I try to change the second option by trading using small capital, so I don't worry if I lose trading using small capital, this is the beginning of learning.

We must learn to follow the trend and adopt new solution in some problems in every scenarios like in trading if the market is in good shape, but this time it's better to hold, paly safe since the market is still recovering. There is no choice but to wait and try to earn even a little in trading. Using our skills by studying the market. There is no other way now done to be smart in avoiding ponzi schemes and projects offering fast easy money.

Yes, cryptocurrency is included in ponzi schemes, but don't come up to conclusion that it could make you rich, scammers are just using the reputation of cryptocurrency to make it convincing to the crowd. The real Cryptocurrency doesn't have any of characteristics that a Ponzi Scheme has, and there's no people included in it, just Cryptocurrency itself, alone, that will gives you profit in the long run.

You could be rich overnight in cryptocurrency, but it will take some time before that "overnight" comes.

Many beginners in crypto assume that crypto gets rich easily but they are wrong. Yes, you really stand strong in crypto is the key to becoming rich.

Yes achievement of anything in this world always has some cost which a person have to pay in order to get that achievement, like for earning money one has to pay its cost which is time and hard-work, nothing is free in this world.
Like in crypto one have to do hard-work and he must give his time as  well as skills and knowledge matter very much, so short- cut does not work here which means crypto is not a Ponzi scheme.

The Cryptocurrency space is ever evolving and we have to learn how to adapt, in 2017 the best way to earn was to buy and hodl, in early 2018, it was ICOs and in 2019, it was IEOs, the next one is coming soon, learn to join the train early and adapt.

Indeed, if you are busy with trade, you may not continue with the "trend". There is always the same tactic: buy from dip, sell from high. Just, you should always have your own trading strategy that makes you successful. And think of these steps like this: first it is straight, afterwards as time goes by it starts to branch, finally you eat the fruits from this branches.

crypto market is very volatile y friend, thats why people who can take advantage in this volatility market, they will get enough profit in short time, and vice versa,,
so, before somebody wan to drop their money in this industry, they must learning about this industry before earn
regards

When you do not have direction to where you are going, you can easily make mistake. Most times, people are influenced to sell or dump when the time is not right. So they have no other option than to just go by what people are saying. If they can stand on their own and make decision by themselves, it would have been better.

In my opinion, the best opportunity at the moment is to collect perspective tokens, even if they are not going to be listed directly. Within several years, such projects may shot to the moon and you will be glad that invested some money into them years ago.

It depends on you. Maybe if you can learn on that technique you should stick to that because if you switch to another way of earning, you are starting with different learning you have, you need to study again before to switch first. But if you are good with that and the only reason for you to switch is the market's condition, maybe you should stick to that. But if you have some knowledge of the other technique you want why not to do it right. It is depending on your decision, just make sure that your money is well used or you have a better plan when you switch technique because you are the one who will lose if you mistakenly invest or trade it without studying first. Learn and study first, that is the best option you should do before shifting. But for me, I recommend that you should wait for the market to recover, dumping is normal.

All of course requires a process, everyone can not benefit quickly without the process, they must have learned or understood how to do it right and not in a hurry in making decisions. Most people who invest in crypto, want quick profits without making observations about the coins they invest so when the coins they invest fall, they will be confused because they have no preparation or have other plans.

Many investors only focus on the profit and it is not healthy in the long run. Making rush and short decisions just to meet the ends or reduce losses will not benefit anyone even yourself. If your emotions can be easily swayed by the market changes, you won't last in the industry. You need to understand that risks are always there and the market changes are the permanent things to observe here. As much as possible, think of the greater picture or the long term outcome of every decision.

only hamsters doing this. such people come to the market and leave it. they will always exist because it is impossible to teach everyone to use their brains correctly

I respect your opinion but the most challenging issue is how to know the right projects to hold their coins for years (long term). Sometimes you hold some coins and they become extinct with no trading activity, I have a few of them and I've learnt from experience. Just holding coins and forgetting about them for years is not enough, you need to do constant research on other coins, if the ones you hold are not really doing well especially with project development, you switch to others, it's that simple.

The Cryptocurrency market is very volatile and ways to earn are also very volatile, in the past we have seen many earning methods come and go and below are some of them:

• Lending Coins
• ICO
• IEO

And some things has been constant no matter how the market changes, things like:

• Trading
• Hodling

We just have to learn to go with the flow, adapt when a new thing comes along and is doing well, get in on time but don't out all your money in one place, mix it up with something constant like trading or Dynamic Hodling.

So far it's difficult to determine which altcoin is good for the long term. But if we look at transaction volume and liquidity, I think the top 10 coinmarketcap is a pretty rational choice

Learning takes time, newbies lack the patience to learn first before investing that is why they fall for scams, researches is not 100% going to safe you but it will still safe you from some stupid mistakes, crypto is far from ponzi scheme and only scammers are making the technology look bad