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Author Topic: Can you still get rich with crypto?  (Read 71604 times)
AnalynCadiz
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July 06, 2018, 04:03:44 AM
 #761

For me yes. I have known some friends who already gain huge profit in crypto. They even able to fund building their house and support their family needs with the profit they gained from crypto. Cryptocurrency is profitable specially when you are wise handling your capital and of course it needs hard work to work it out positively.
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July 06, 2018, 04:15:20 AM
 #762

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

yes of course I can still get the richness of the world of cryptocurrency by utilizing the price movement of cryptocurrency that goes up and down quickly you can get a lot of profit, take advantage of the price that is going down to buy as much as you can.
Rana590
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July 06, 2018, 04:30:32 AM
 #763

For me yes. I have known some friends who already gain huge profit in crypto. They even able to fund building their house and support their family needs with the profit they gained from crypto. Cryptocurrency is profitable specially when you are wise handling your capital and of course it needs hard work to work it out positively.
I think you are right about it. For improving in this sector there is need more knowledge that how to control it. Crypto is risky when you don't know about it. For being profitable, a lot of experience will be needed.
jasonjm
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July 06, 2018, 04:32:31 AM
 #764

This depends on luck, as we know that in crypto investment is very much a surprise, prices such as roller coasters that sometimes go up to thousands of percent per day or drop up to 90% is a common thing.

Agree with you on this point, becoming rich with crypto is purely depends on luck, some time the project you thought gave you good money turn out to be falier or you earn less money and some projects did not having potential gives you huge amount of money. Because of uncertainty and volatility in crypto market I think now it is quite difficult to become rich but you still can if you follow proper financial management.
GeckoTrader
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July 06, 2018, 06:01:31 AM
 #765

With the right mindset and skills plus great attitude, it is very achievable to become rich here in crypto. If you don't have money to invest with, there are a lot of bounties and airdrops which can give you huge reward. Just like one of my bounty, they give me almost 10 ethereum in exchange of the bounty they have provided. With that amount you can invest it with other meaningful altcoins and do a day trading then with your profit invest it to undervalued coins which is well established.
anjuara29
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July 06, 2018, 06:54:22 AM
 #766

I think this is possible because if you buy a good coin and hold for long-term (2-3 years or more) then It can happen. For example, you brought 100 EOS (Now EOS price is under $10) Now if EOS reach $500 or more after 2-3 years then you will be a millionaire I think. I believe it also depends on your luck.
EastSound
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July 06, 2018, 07:03:43 AM
 #767

there is still a chance to get rich in crypto, you just need to invest (even if it is just small amount of money around $1000 ) to hot cryptos that you are sure that will go x5~x10.
@bamaricibo
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July 06, 2018, 08:54:30 AM
 #768

Yes, maybe, but they require a lot of experience, if you rely on luck, your chances of getting rich will be more difficult. I think the experience combined with patience, these are the two factors that determine your success.
chi54cd1xd
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July 06, 2018, 10:54:26 AM
 #769

I think wealth is not for the masses. Only people with good knowledge, abundant financial resources, enough patience for long-term investment can get rich from the cryptographic market. I mean real wealth. And if you are lucky to enter the market at the right time, you probably already have a very good profit.
Shutup
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July 06, 2018, 01:44:49 PM
 #770

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

Yes crypto is my only hope to to get rich. I will continue wait for that time l know l will be counted as a rich person because of crypto. I will not give up until l didn't get my goal to get rich. If they become rich because of crypto l will wait for my turn.
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July 06, 2018, 02:32:41 PM
 #771

I think we can make a lot of money regardless of where the market goes, but to get rich with crypto, the only way is to trade, because we can find the crypto with the highest fall rate by going to the Gainers and Losers section of Coinmarketcap, finding cryptos with the most drop rate and invest in it, hold at least 1 month for profit. Because trading will make us rich.
coco23
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July 06, 2018, 04:01:49 PM
 #772

I think we can make a lot of money regardless of where the market goes, but to get rich with crypto, the only way is to trade, because we can find the crypto with the highest fall rate by going to the Gainers and Losers section of Coinmarketcap, finding cryptos with the most drop rate and invest in it, hold at least 1 month for profit. Because trading will make us rich.
short-term trading like you propose is a zero-sum game. If you gain some profit, somebody else will lose it!

I don't think trading is a way to get rich, maybe for a small minority, but not for the big crowd. Better invest in some promising projects, set yourself a price target, and sell if this target is reached. In a way similar to stocks, but of course crypto has higher volatility and risk
victoryana
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July 06, 2018, 04:25:44 PM
 #773

Getting rich by investing means having the right to make yourself rich by investing in a bitcoin market and that will give me a profit as well as I can get rich quickly.
i can get rich with invest crypto
prabakharras
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July 06, 2018, 04:28:19 PM
 #774

you can get rich and poor
invest smart, slowly, and dollar cost average
stick to top cap coins https://www.coingecko.com/en

go4crypto
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July 06, 2018, 04:30:24 PM
Last edit: July 09, 2018, 09:26:41 PM by go4crypto
 #775

The big mainstream adoption and crazy prices for cryptos are coming in future. Buying and holding good coins and quality ICOs like EOT (EON Protocol) long term is going to be very rewarding to the patient investors.
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July 07, 2018, 05:40:24 AM
 #776

Sure it is possible. Now it is just a right time after such deep market correction.  Crypto currencies are mainstream now and they offer great investment opportunity
CptThomas13
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July 07, 2018, 06:04:52 AM
 #777

Yeah you can still get rich with crypto for the poor people like me getting rich is so easy because we only need a suffucient money to buy needs and save a liite bit for tomorrows needs again.By joining bounty it is possible to become rich.
tonyvo2017
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July 07, 2018, 06:28:11 AM
 #778

We can still get rich with the Cryptocurrency market. Even though we are late participants, we can still make a lot of money from day trading and participate in regular bounty campaigns to increase earnings.
Cryptoccurrency is really a potential market and it helps a lot of people have better lives.

canadinhano
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July 07, 2018, 09:32:06 AM
 #779

Yes, it is still possible, as the market is falling and buying is needed, now is the time to buy. So I think we should focus on holding.
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July 07, 2018, 09:52:21 AM
 #780

if it says it is not, the crypto world does not make it rich. but the fact is, most people in crypto have a lot of treasure. I personally have experience. while not familiar with crypto world. I can not buy my wishes. like buying stuff. but after I'm in the crypto world, I can buy what I want. even that afalah a house. so you can conclude it.
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