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Author Topic: Does crypto offer riches overnight?  (Read 6119 times)
Bitcoinjheta
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August 31, 2018, 02:09:41 PM
 #561

I don't agree on getting rich overnight though there are some who really gets big profit in a short period of time in crypto - maybe that is what they call luck which does not hapoen to all. Despite the bigger chance of earning big amount, in this digital market,it also entails hardwork,dedication and patience to wait and patience to study the market for additional knowledge.
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Collinberg
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August 31, 2018, 02:10:25 PM
 #562

If you surf the internet with this question in mind, you would find hundreds of testimonies that would give you a positive answer, cryptocurrency has mad many people millionaires worldwide but it would be good to bear in mind that it doesn't work this way for everybody, many people would make it and many wouldn't.

erox
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August 31, 2018, 02:13:24 PM
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Remember, one key to success is patience.
I completely agree with you! It is a pity that so many beginners do not understand this simple and true truth.

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Gouido
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August 31, 2018, 02:18:03 PM
 #564

Getting rich overnight is like gambling. And gambling is a game of luck.

Patience and work might get you rich in crypto. If you rely on a crypto gamble then that's a risk you chose to take. Wink
Denigmatic
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August 31, 2018, 02:27:41 PM
 #565

I must agree with this. Some people think that being rich in cryptography is just a piece of cake. The truth is that this is not the way reality works. It will take a long time before you can finally enjoy your wealth. You do not just expect investment to grow. You need to learn strategies when they trade or what coins you will invest further.
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August 31, 2018, 02:29:22 PM
 #566

If this has happened before, why now this can not happen? I think that this obviously can happen, because there are absolutely all chances to see another growth, especially after such a serious correction
It can definitely happen especially if we hit a great token or we are willing to risk a high amount of investment and that coin pump that night then it can be, last year many spends their night just watching the market or their blockfolio can't sleep due to their surprising profit.
ethalliance
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August 31, 2018, 02:31:21 PM
 #567

I do not think. After all, the crypto-currency activity. This is a well-designed team work. And maybe she can exist alone. But not as qualitative and promising as in the team.
Chinedumike
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August 31, 2018, 02:38:43 PM
 #568

Overnight riches, lol. PATIENCE is key in succeeding with cryptocurrency investment. Any body that is wearing a 'get rich quick' mentality in the cryptosphere will lose their investment.
myown2cents
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September 01, 2018, 08:25:16 AM
 #569

Yes, encryption will get rich overnight, and it will bring you a better life, provided that you are willing to invest and believe in cryptocurrency. But its risk is also relatively large, it may also let you lose everything. All of this requires you to make your own decisions.
Yes that is right that crypto can make you rich overnight. Some time a coin increases more than 5000% in a single day and if you are holding some good amount of shares of such coin no doubt that you can get a very good profit from there, which can even change your life I a single day.
Temibest2
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September 01, 2018, 08:28:18 AM
 #570

Crypto does not in any way perform magic, someone can become rich overnight due to the fact that the market moons while another person might be impoverished due to the bear market.
fulled
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September 01, 2018, 08:32:39 AM
 #571

Big no, good crypto will make someone rich but it take years to realized, i think theres nothing in this world can make you rich overnight.
Eijrafarm
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September 01, 2018, 08:42:59 AM
 #572

No, I don't think that cryptocurrency has the capability of making people rich overnight. Since it is not about cryptocurrency it is about the amount you put in and your patience towards your investment or how strong is your heart.
Huruharacorp
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September 01, 2018, 08:46:35 AM
 #573

Crypto does not in any way perform magic, someone can become rich overnight due to the fact that the market moons while another person might be impoverished due to the bear market.
hopefully by the new month the market can immediately move a collar that is much better, so that people may smile a lot, after some of their assets have decreased in price
Cryptoryna
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September 01, 2018, 08:48:02 AM
 #574

Not at all. But 2x pump out of listing on big exchange can be almost 100% guaranteed. And also sometimes ICO can make you wealthy as well. Especially those ones that have a lot of hype. Take a look at Quarkchain's carts. 15-20x with Binance listing in the bear market.
Gras
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September 01, 2018, 08:58:37 AM
 #575

Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.

I fully agree with you. It was possible to get rich quickly on cryptocurrency in 2016-2017. Now the cryptocurrency market is stabilizing and a huge profit in a short period of time is unlikely. You need to carefully analyze the coins and projects and be ready to wait a long time for a good profit.

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Lostan
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September 01, 2018, 09:07:51 AM
 #576

The best strategy in crypto is to buy coins when they -80% from their ATHs and forget about them for 5 years  Grin Cheesy
MegUsta
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September 01, 2018, 09:29:29 AM
 #577

The best strategy in crypto is to buy coins when they -80% from their ATHs and forget about them for 5 years  Grin Cheesy

This is probably the best approach!
One can wonder to buy ETH or BTC now or not...be in the mindset of oh I'm going to lose 50% or not...but if the horizon is 5 years this does not matter!!! I don't think there's a person on the planet involed in cryptocurrencies that do not think BTC and ETH will be x20 to USD in 5 years from now.
Taniya1901
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September 01, 2018, 10:00:25 AM
 #578

I fully agree with you! Many are just invest in an unknown place, with the purpose to get rich instantly...and fail. In the crypto world is not so simple...it is necessary to have certain knowledge, constantly develop and have patience...
musta5a
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September 01, 2018, 10:05:09 AM
 #579

Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.

crypto shouldn't be about getting rich. It should be about the ways to improve finance and give the space for certain people who don't have access to banking, yet they can own cryptocurrencies.

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wall101
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September 01, 2018, 03:01:00 PM
 #580

because every time people are different because it depends on me time and morning in other countries because more coins are traded at night because it also depends on the release of prices
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