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Author Topic: Can you still get rich with crypto?  (Read 71604 times)
Edsemen
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May 31, 2018, 06:36:29 PM
 #501

Yes, there are many people who joined cryptocurrency become wealthy because of it. It depends on how well you managed your investment. And how you do bounties and how good you are in trading. There are several factors needed to consider in cryptocurrency. The perfect timing of everything will lead to you to become successful.

Of course there is a possibility that you can be rich with crypto. In fact, there are so many people who became rich with it that's why there are many people who are new in crypto who thought that crypto is a get rich quick scheme. Many people participate in those pumps and dumps because they want quick profit but eventually give up because instead of having more profits, they end up losing. You should have a plan on how to get rich with crypto may it be investing, trading, mining or any way to acquire more crypto. It would just depend on how you will be able to manage it properly to have more profits.
Cryptocurrency offers great opportunities to earn and to gain profit. There has been many claims that cryptocurrency can bring richness to people. Cryptocurrency is a platform and an instrument that provides quality of living, however, I strongly believe that it's us who can contribute richness and success to each of our lives. It's the result of our hardwork, manage finances, and strong will to achieve richness. We are the engine that can make cryptocurrency function and in return it can also contribute welfare back to its people.

I can view your opinions as an inspiring thoughts of cryptocurrency, most specially with the current situations that people has been facing right now on the uncertain values in the marketplaces. Some might think and being discourage against how crypto behaves particularly their not earning as much as they expected from previous months, that crypto had given them a good opportunity of making money in that profitable amount. For me, same as what you think I am still positive enough that we will still a potential rich person in crypto as long as we have that principle of patience in life.

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May 31, 2018, 06:38:09 PM
 #502

No, It is not possible to get rich with crypto or any other currency imo.

Having said that, I also say this - It IS possible to get rich with your own business. And if your business is crypto trading, then yes.

Another option - if you own a business, you might want to accept payments in crypto. And later on invest or trade the coins.

To answer your question, if one starts off with 1k then it is possible to get rich. But not quickly! It would take a few years time for an experienced day trader.

And if one is already wealthy, then what would stop them to acquire even more wealth?
KenChanYu
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May 31, 2018, 07:02:27 PM
 #503

it's depend on your ability and a skill to get it
nothing impossible to get rich in the crypto but if you have a knowledge to get it.
Precisely! We all can be rich but the way we want it to happen is what makes a difference. It's up to us how we manage to take the opportunities from cryptocurrency and nourish it. Richness is for those who are willing to take the risks, those who deal failures positively, to live dreams continuously no matter how less or great challenges are, focus on what you want, and have passion in it.
I firmly believe that we are the creator of our own success. Cryptocurrency is a great element for us to be rich through participating in it. It can be a source of income, we can do trading, or investment, and gain profit from it if we just only learn how to trade or invest wisely. But it takes time, we need to be patient, we need to improve our skills, and be open to possibilities that losses and disappointments are part of the journey to richness, and that we should be hopeful and positive.
thend1949
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May 31, 2018, 07:42:34 PM
 #504

Most of the old user's in this forum probably get rich right now and I think that everyone else in the crypto-sphere would also have a chance to get rich as long as you do the right investment on potential coins and stay away from scam projects.

This is not that easy, we're not in the old years. In the very early stages of the era, people were able to get rich with coins. Now, it's not that easy to get rich, because the competiton is hard now.
Considering that the market is young and is still developing, it may be seemingly hard to realize how possible it is to get rich in cryptocurrency and to gain profit. However, I don't think it only exists in cryptocurrency, in other forms of business and marketing, challenges are always present and I believe that there's a big chance that we can be rich in crypto, depending on how we manage our earnings, how we perform, and maintain our strong determination towards success.
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May 31, 2018, 07:48:27 PM
 #505

Most of the old user's in this forum probably get rich right now and I think that everyone else in the crypto-sphere would also have a chance to get rich as long as you do the right investment on potential coins and stay away from scam projects.

This is not that easy, we're not in the old years. In the very early stages of the era, people were able to get rich with coins. Now, it's not that easy to get rich, because the competiton is hard now.
Considering that the market is young and is still developing, it may be seemingly hard to realize how possible it is to get rich in cryptocurrency and to gain profit. However, I don't think it only exists in cryptocurrency, in other forms of business and marketing, challenges are always present and I believe that there's a big chance that we can be rich in crypto, depending on how we manage our earnings, how we perform, and maintain our strong determination towards success.
maybe I will answer not in fact the question asked, but I want to know what the goals of each user? What for everyone is a rich man? I participated in several projects and I managed to earn a decent amount to drink a home for my family. I believe that this is already a big breakthrough in the fate of my family and for my future work.
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May 31, 2018, 08:47:40 PM
 #506

https://themerkle.com/2-out-of-the-box-icos-that-will-surge-in-2018/
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May 31, 2018, 08:50:46 PM
 #507

it's depend on your ability and a skill to get it
nothing impossible to get rich in the crypto but if you have a knowledge to get it.
Precisely! We all can be rich but the way we want it to happen is what makes a difference. It's up to us how we manage to take the opportunities from cryptocurrency and nourish it. Richness is for those who are willing to take the risks, those who deal failures positively, to live dreams continuously no matter how less or great challenges are, focus on what you want, and have passion in it.
I firmly believe that we are the creator of our own success. Cryptocurrency is a great element for us to be rich through participating in it. It can be a source of income, we can do trading, or investment, and gain profit from it if we just only learn how to trade or invest wisely. But it takes time, we need to be patient, we need to improve our skills, and be open to possibilities that losses and disappointments are part of the journey to richness, and that we should be hopeful and positive.
There's a room for all of us to be rich in cryptocurrency, though it's not that easy due to volatility or supply and demand but if we think beautifully it will give a sense of attraction and it will happen. Earnings from cryptocurrency helped me and my family a lot for daily living and finances. Crypto opens doors of opportunities to let us earn, and that could be possible if we are willing to do the tasks, to be patient, and by treating every mistake as a foundation to be strong and positive. We have to realize that no people have ever become successful without having to go through small beginnings.
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May 31, 2018, 09:54:29 PM
 #508

Yes it is possible to get rich with crypto, with the right strategy and by researching.
This is what I believe. Business in the crypto has a pace never witnessed before and every investor, if he/she knows the market conditions and about the technology can become rich if the right decisions are made at the right time. Besides, basic knowledge is of sheer importance for new entries in the market and without it, they often end up calling the technology scam.

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May 31, 2018, 10:06:35 PM
 #509

Definitely yes. I think the the extent of richness depends on the saturation of available Crypto assets against population. The world is still doubting Crypto and few percentage are involved presently.
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May 31, 2018, 10:12:49 PM
 #510

I think yes tou can still get rich in crypto if you have patience,dedication,hardwork and time you will get the fruit of your work in the end.
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June 01, 2018, 12:23:50 AM
 #511

It is entertaining and supporting that so many of you still believe there is good money to be made in crypto. I believe as well. Just a word of caution, as this might be misinterpreted by some new investors. You have to do a lot of work, especially research. There are so many projects out there that try to abuse from newbies. I think we all have been there. Be careful with your hard earned money!!

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June 01, 2018, 12:57:45 AM
 #512

Hello guys,

here i want to start a discussion about the possibility of getting rich with cryptos. if you start off with an amount of lets say max. 1k i dont think so. If we say you are able to invest like 10-100k you can still earn alot of money but in this case you are already very wealthy. Here is no enough space below this post to either say "Hey man you got it right" or just prove me wrong. leeeeeeeeeeeeets go  Wink

I've known a lot of people in my country who got rich in my country. They even invite me to invest in Crypto before, but it is not yet known at that time. When bTC got so popular, they all got rich and me? well, it's not too late right?

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June 01, 2018, 03:18:10 AM
 #513

With market conditions like this would be very difficult to get big profits especially rich from cyrpto, it must be admitted that at this time many speculators are just looking for profit for a moment so crypto price is difficult to skyrocket and stable like last year.



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ajaymukund
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June 01, 2018, 03:24:06 AM
 #514

Hello guys,

here i want to start a discussion about the possibility of getting rich with cryptos. if you start off with an amount of lets say max. 1k i dont think so. If we say you are able to invest like 10-100k you can still earn alot of money but in this case you are already very wealthy. Here is no enough space below this post to either say "Hey man you got it right" or just prove me wrong. leeeeeeeeeeeeets go  Wink
I think wealth will depend on the technological passion of every human being. If you are a technology lover, you will not have the motivation to learn and analyze.
passion will decide all. I admit I'm not a technology enthusiast, I came to the Crypto market just to earn some money. I'm not passionate about them and I think I will not be able to get rich on the Crypto market. Grin

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June 01, 2018, 03:51:58 AM
 #515

it all depends on you whether you want to succeed with cryptocurrency or not. because now there are still many things or ways to be successful in cryptocurrency.
tonyvo2017
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June 01, 2018, 03:56:50 AM
 #516

Hello guys,

here i want to start a discussion about the possibility of getting rich with cryptos. if you start off with an amount of lets say max. 1k i dont think so. If we say you are able to invest like 10-100k you can still earn alot of money but in this case you are already very wealthy. Here is no enough space below this post to either say "Hey man you got it right" or just prove me wrong. leeeeeeeeeeeeets go  Wink
Anyone who is rich can rely on the Crypto market. A small amount of money can make you wealthy as long as you are a smart person and catch up on the trend. There are some people who have a lot of capital to invest in, but they completely fail because they have not been able to stay consistent with their portfolio.
But some people are extremely wealthy with only $ 2k in investment.
In general, the most important is the agility and absorption of knowledge of each investor. Much capital is only a small part of successful investment. Wink

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June 01, 2018, 04:20:25 AM
 #517

No, It is not possible to get rich with crypto or any other currency imo.

Having said that, I also say this - It IS possible to get rich with your own business. And if your business is crypto trading, then yes.

Another option - if you own a business, you might want to accept payments in crypto. And later on invest or trade the coins.

To answer your question, if one starts off with 1k then it is possible to get rich. But not quickly! It would take a few years time for an experienced day trader.

And if one is already wealthy, then what would stop them to acquire even more wealth?
In my opinion, it is still possible to get rich thanks to Cryptocurrency. It is not that we can not get rich through it as you think. But getting rich now thanks to Crypto requires you to update your knowledge and improve your skills to be able to analyze the market in the future.
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June 01, 2018, 05:38:04 AM
 #518

With market conditions like this would be very difficult to get big profits especially rich from cyrpto, it must be admitted that at this time many speculators are just looking for profit for a moment so crypto price is difficult to skyrocket and stable like last year.
I think we can still benefit despite the difficult conditions in the market as it is today. where prices are more likely to be stable. but that's the advantage. we can memorize the price changes that occur. we know that the price keeps spinning at $7300- $7500. we can benefit from this price change dude
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June 01, 2018, 06:27:25 AM
 #519

Yes of course but it takes times and knowledge. You need really a lot of efforts to search and study about cryptocurrency and trading and really needs a lot of your patience because it takes times and it is not instant also you have to overcome your greed so you will not be a FOMO buyer. Goodluck.
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June 01, 2018, 09:36:00 AM
 #520

For me, 1k dollars is already a large sum. What difference does it make, what is the initial amount? We receive a profit as a percentage of the contribution. And yes, you can still make money in Bitcoin
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