How to get fast rich in crypto world?

[sultanali]

In any market may it be the cryptocurrency or the stock market there is no shortcut to getting rich fast because the market is not dependent upon a singular entity, the public and use of the currency decides its price of the asset and hence the volatility cannot be controlled so no certainty of making a profit.

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[Paycoinzzz]

In any market may it be the cryptocurrency or the stock market there is no shortcut to getting rich fast because the market is not dependent upon a singular entity, the public and use of the currency decides its price of the asset and hence the volatility cannot be controlled so no certainty of making a profit.

Volatility of any financial market can be controlled by the rich.
One investor can not do this, but a force of the rich from large companies or force of the whale can control the volatiliy of cryptocurrency or some stocks easily.
Even sometimes, the government also affect the financial markets to get profit for their economy, example Gold's trend since 200x -> 2012.

[gaponya]

I think that to quickly develop, you need to buy a monet at the actual price and how the market goes up to sell them, but here you need to play serious amounts!

[Vispilio]

This is sound advice, but in these extremely bearish climates, even some of the more robust ICO projects are expected to eventually converge to 0. While that might be an erroneously bleak prediction, it might make sense to sell at least some of your holdings to pick it up much cheaper later unless you have specific reasons to believe your choice of ICO or newbie coin can withstand the enormous short term downward pressure...

[Dima95]

if you are newbie in crypto and you want to make it fast, it will be impossible. for newbie the best way is to be reach and invest in top alts and btc.
however, you can find a good analytic and use margin.

[mmfiore]

There no FAST enrichment whithout HUGE risks taken.

That's why I'd never advice to try it .

Specially in this downward climate/era.

Be paced and you'll make good money.

[camho]

how to get rich in cryptocurrency,,firstly we need to make enquiry about the business,,to know the merit and demerit in the busines,,,to know the time to invest  and actual time to sell

[Boristhecat]

I can tell that the average person that got "rich" needed at least 2 - 5 years to become it and it allays was hard work not playing lotto and hope for the win.

I can notice that even this estimate is very optimistic: there is not much room in the market for all who work hard and well to become rich in 2-5 years.

[lorapalmer]

You can not become rich with one click unless you won a jackpot in the lottery. As for cryptocurrencies investments, you will have to have a good knowledge of finance and be a great strategic planner. You need to research the information about the cryptocurrencies, their behavior and reliability of their creators before making any investments.

[DabsPoorVersion]

its hard to get rich on crypto. its all about time, its god’s will if its your time to get rich. i know a lot of people who became rich in crypto, there are some people who became rich in a short period of time but some of them takes so many years before getting rich.

[Ms Nuha]

personally I think, this is a very good suggestion. it is true that crypto has the ability to make someone into a billionaire. but Money also can not come easily. Research is the key here but if you want to make money fast then choose coins in the early stages and see the maximum inventory and supply circulating as well as the project and team behind. Take your entry for a bargain and wait your time to come.

[makalu]

i think there is without fast path, everyone should wait for at least 5-6 months to make profits. Choose a potential ICO project or coins to invest.

[luisdvmd25]

There is no fast rich in Crypto its similar to Forex but still bettter on long term.
Guys which promote every month over 50% are scamers
Yes its possible to make 100 1000% or more but not long term

[dangdangdang]

for me getting rich faster through crypto is doing trading but it requires time, experiences and capital.
the higher the capital the higher the reward is because some, crypto trading is more like on stocks trading but crypto is too risky due to it's volatility.
aiming to get rich through crypto isn't easy, that is why there are too many people who are losing their money and assets because nobody knows what happens next.
especially this first quarter that from Bitcoin down to the newest altcoins are dropping their price value and market caps.

[vasilvas15]

In any case, you need knowledge and study, and waste your time in this matter. Still, of course, we need luck, some are lucky, but some do not. Such things are not done quickly, and time is needed. As they say, quietly you go, you will be further.

[NikaMo]

Thank you! Glad you agree that get quick rich isn't something to aim for, special with all the scam around!

[ongahawak]

I think if u want rich in crypto world u have wait some time and watch market moments, you will have to have a good knowledge of finance. You need to research the information about the cryptocurrencies, and reliability of their creators before making any investments

[narukami]

There are such thing that you can get rich in crypto unless you are a veteran trader or you are a scammer. Trading and investing is a good way to to get rich but there are no such thing that you can be rich in such a fast way

[LeaderAMB]

I can tell that the average person that got "rich" needed at least 2 - 5 years to become it and it allays was hard work not playing lotto and hope for the win.

It's too hard to you can get rich in 2 - 5 years, I think we need much time than. Of course you can't get rich if you are not hard work and in the crypto market you also need many knowledge to win and get profit.

- If you trade BTC or alt coins, do not join pump and dump coins, too many traders lost enough money by doing so. Not that it is not possible to make fast money, but the greed will drive you so far that you will loose your objective, analytic thinking and will let you take bigger and bigger risks!

Why not? i see now the market often pump or dump by whale if we can determine the next trend or follow whale we can earn a lot of profit.

[Walter789]

I would like to say a word or two about getting rich fast:


Im since more than 20 years in business and over this time I passed many ups and downs in various branches. It does not mater in which branch you try to make a profit, but you need to be aware of that get rich fast schemes are mostly scam or will bring a very bitter taste at the end with it.

Do not let yourself be fooled about something to be FREE or promising you will earn in no time xxx of money. This is most likely not going to happen! And Even if it does in the one or other case, I saw some people getting rich fast and ending up with big depth, because none of them had experience with the problems coming up with getting rich quick and what it actually means to make a lot of money in short time and how it will influence the life as you knew it.


I can tell that the average person that got "rich" needed at least 2 - 5 years to become it and it allays was hard work not playing lotto and hope for the win.


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- If you have you own crypto project or planning to make one, do not let yourself and others be fooled to get rich fast!

- If you invest in an ico, do not be driven by greed, see it as a business opportunity that could bring you a nice profit over time (if no scam ofc )

- If you trade BTC or alt coins, do not join pump and dump coins, too many traders lost enough money by doing so. Not that it is not possible to make fast money, but the greed will drive you so far that you will loose your objective, analytic thinking and will let you take bigger and bigger risks!

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What ever you do, aiming for the steady long term profit is most of the time the harder and longer way, but it will be less painful!

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Here is a thread that might be an interested read about alt coin trading! https://bitcointalk.org/index.php?topic=2154746



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