How to get fast rich in crypto world.

[leeroyj]

There is never get rich quick scheme in crypto or any investment. Even if it really does exist, you get rich quick its true but due to you not having a strong base or knowledge to differentiate a good or bad crypto as long as you fall down it will be a hard fall.

[MEMEX]

Investment may be divided into three parts, knowledge, capital and mental. And wanting to get rich instantly may not be included in it. Bitcoin did not succeed in one night, and many times experienced a fall.

[Yle725]

Actually, that wasn't so bad if you sold above 100.

bitconnect was a well known ponzi. who speculated over it made good money

[WorldBiz project]

"Buy cheaper and sell more" - this expression should determine the behavior of the trader at the exchange. Beginners often forget this in a panic, acting in exactly the opposite way.
Algorithm of actions:
Choose a reliable exchange. Reliable is usually large, with large volumes of trades and positive reviews.
Select currency pairs - actually, the object of trading. Currency pairs are two currencies, on the exchange rate of which the trader earns in relation to each other. The pair can consist of a traditional (traditional) currency and a crypto currency, for example, bitcoin / dollar (on exchanges - BTC / USD), maybe two crypto-currencies, for example, bitcoin / etherium (BTC / ETH). If the trader plans to earn on the bitcoin rate against the dollar, he must choose the first pair; if he plans to trade only with crypto-currencies - the second. Beginners are usually encouraged to take couples consisting of a crypto currency and a fiat currency. To predict fluctuations of a rate in such pair is easier at the expense of greater stability of fiat currencies. The pairs for trading should be chosen based on the following criteria. Firstly, the pair must actively trade, that is, there must be many offers of buying and selling on it. This indicates the demand for currency, therefore, the trader will not have to wait long for the buyer. With active trading, the appearance on the market of a trader with a large amount of money will not particularly affect the rate. In pairs with a small trading volume, any large bet of a large player can deploy the course as the player wants. Secondly, it is necessary to pay attention to fluctuations in the rate of the crypto currency (volatility). Strong fluctuations can provide a good income, but for beginners they will provide the same losses, because it is difficult to foresee them. With strong fluctuations, a novice trader should not invest a lot of money - you can invest a minimum to understand how to work with volatile currencies. To earn a newcomer is better to choose more stable currencies.
Analyze the current situation in the market and act in accordance with it. For a beginner, it is reasonable to wait for the price of the currency to fall below the average level and buy it when it approaches the past minimum values. If the moment is missed, you can buy it as soon as the exchange rate has started to increase slightly and is still significantly below the average. With the sale a little more difficult. If the currency does not have a pronounced upward trend, it can be sold when it approaches the maximum. But if it is actively growing - there is a possibility that it will rise above past maximum values.
To study trading tools, as they repeatedly increase efficiency of trading. Take out a part of the earned funds on external purses.

[Rokot]

u can use invest to ICO, but you can trade - buy some coins when it cheap and sell it when it have higth level of price (when we have green market).

[SupplyBloc]

It was very much so advertised as a pyramid scheme and it only took a little bit of research to understand that it was a risky investment.

[novocaine]

I agree that it is not worth chasing for quick earnings in  Crypto-currency.  This will only bring disappointment and loss.  A lot of people invest money in HYIPs, where they are promised 100% per month, and then they lose everything.

Why is it so happened that for many people bitcoin and crypto currency as a whole is a button money. They think that by investing $ 50, there you hear the talk about a private island and a Lambo.

[Rammygold]

Though there are lots scam projects but that does not mean you should term all new projects scam, like the posted above me said most faucet and mining are the real scam, before you invest in any project read the white paper of the project and compare with other project before investing

[vaso11]

NEVER put your money into get-rich-quick scams.

Very actual topic. In order to people have seen that can be in this market, understand all the risks and good study all projects in which they want to invest

[GerardDurwin]

NEVER put your money into get-rich-quick scams.

https://pbs.twimg.com/media/DUQ0swoVwAAHvEk.jpg

I think you to have invest in the altcoins and trading it. because at these moment altcoins price is very huge.

I believe in these altcoins. it's will give you good  profit  in future.

[Emilyearl]

In crypto, there's no fast way. Although most times a given ICO can double our money or even make it ×4 after a while. This same ICO space can also cripple us. The thing about crypto is having a basic knowledge of it to help filter scam projects from legit projects and stay safe at the same time.

[Hanazawa]

I think it is not so easy to become rich in bitcoin because bitcoin is risky it has no permanent price. So if you only work with bitcoin it has a small possibilities to earn more profits. I don't say that bitcoin is useless but if you have another way to earn money like business and with bitcoin as an additional source of income I think it gives you bug chance to become rich. Not so fast as you want but surely you can reach your goals to become rich. The big key to become success here in bitcoin is patience.

[yannick225]

With this thought you can never reach your dream of being rich. Any investment you make with this thinking will lead you to discomfort and cause panic sales if you lose your investment. For that reason, I advise you to invest in changing your thinking, to act patiently and to direct your investments in the direction of your goals. I do not want to go back without reminding you that there are many more examples like your example, it's not difficult.

[godfredmanu]

This is a case study of what every rational investor should have in mind before investing. Reading through the lines, the business model of bitconnect look shady and those who bought it fails to read through the whitepaper, analyze it and drew conclusion weather it was a sustainable business. In crypto world anything that look too good to be true need to be treated with a great caution before investing a large sum of money.

[Blessed J]

Getting rich in crypto is all about patience and learning. One thing about crypto is you never stop learning still this is a totally new thing and more features come in everyday. For a start, you can engage in bounties and airdrops and later move on to trading.

[Boysen]

NEVER put your money into get-rich-quick scams.

This is true. There is no such thing as a get-rich-quick thing here in the cryptocurrency industry. In order to profit big, you have to exert bigger effort and buy more coins. That's what bit takes to become rich in this industry. And also, you shouldn't panic sell when the price is at a decrease as it disables you of the chance to get  rich in this industry. These are my tips on how to get rich in this industry.

[trukramor]

There is no way to get rich fast even in crypto.

[Yagami nunnery]

The quick way to get great wealth is to invest in ICO projects. So how do I find good ICO projects? I think a good ICO project should have a good development team, a white paper with clear plans, and Substantial value.

[Jocelyn Hernandez]

I think there is no way to get rich fast because everything needs time. If you want to invest, first take some of your budget, invest some in crypto and wait. The way you choose the ICO projects will decide how much you get profit, it will much lower compare to do research.

[Baldric Anderson]

Making money for me is always hard. The more expected profit you want to gain, the more risk for ICO you invest. Thus, it is really difficult to become rich and it needs time to get all the cost we paid and profit we want.