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Author Topic: Does crypto offer riches overnight?  (Read 6157 times)
gavikzal
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September 29, 2018, 08:51:41 PM
 #801

Cases where people got rich on cryptocurrency overnight, units. It happens that people are just lucky, but do not hope for this luck. Any rewards you receive in life are equivalent to your effort.

kombatx
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September 29, 2018, 09:15:09 PM
 #802

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.

The biggest winners were those who understood the prospect of cryptocurrency in 2010-2011! Now there are a lot of dollar millionaires among them. Those who learned about cryptocurrency this winter will wait a very long time to at least return their investments.

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Drobek
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September 29, 2018, 09:27:58 PM
 #803

That is the mistake of the new traders. They think crypto is a get rich quick scheme. They don't know its entails a lot. Especially in the season, new traders tend to loss because they don't understand the market. Some even same bitcoin is a scam because they lost on trades. I've taken it upon myself to teach friends and others about this misconception they have about bitcoin and crypto as a whole.
Irina_ortman
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September 29, 2018, 09:30:52 PM
 #804

Yes, many come to the crypto currency world that would make a profit, quick profit. But, alas, this does not happen. The crypto world is a work of spades and a desire to learn
Viklopot
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September 29, 2018, 09:42:46 PM
 #805

I fully agree with you and to achieve success and wealth in the crypto-currency market it is necessary to work hard and study
CryptoAlphaStar
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September 29, 2018, 10:13:24 PM
 #806

It can, if you go hard, if you go big and if you go in the right moment. What I mean is 16-hour work days, without a rest day for 2-3 months just before a huge bull market. Then you are rich.
hackzang12
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September 30, 2018, 11:19:35 AM
 #807

Lol, In your dreams..
Are you guys looking for a pump and dump scheme? it's very hard to enter in a pump and dump scheme. Better accumulate real use cases of coin. Like Pundi-X
Nem, and other POW-POS coin.
helloinox
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September 30, 2018, 11:44:21 AM
 #808

Maybe for the old day when Bitcoin still at 40$ for 1 BTC
Merdeop
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September 30, 2018, 07:08:38 PM
 #809

In any case, you need knowledge. People who got rich on cryptocurrencies had the knowledge and determination. It is difficult to invest money simply in an idea that no one knew about at the time. I don't think you can get rich from nothing. There must be some effort.

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Suslura
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September 30, 2018, 07:17:22 PM
 #810

In any case, you need knowledge. People who got rich on cryptocurrencies had the knowledge and determination. It is difficult to invest money simply in an idea that no one knew about at the time. I don't think you can get rich from nothing. There must be some effort.
I understand your opinions, But if there is no confidence in the prospects of your investments, then it is almost a waste of money. It is necessary to be very rich, so as not to hesitate to throw money away.

premiumproductss
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September 30, 2018, 07:19:47 PM
 #811

No, this was possible if you bought Bitcoin in 2010-2011. Now there is enough money into market and next 10x-100x will require much more money than previous big growths.

Absolutep
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September 30, 2018, 07:27:33 PM
 #812

crypto is not ponzi scheme,it will be a bad idea for anyone to come into crypto with the mindset of getting rich over night.Crypto goes beyong just getting rich,it is an avenue to use blockchain technology for evolution even as we all benefit from it in terms of source of income.Crypto require patience and deep research.
kaizerwald75
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September 30, 2018, 07:27:36 PM
 #813

In my opinion it is not realistic to say cryptocurrency can make you rich overnight. This is only applicable if you are going to take risk put all of your money into one huge investment which can also give you a huge profit if ever you are lucky enough.
ifightformerkel
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September 30, 2018, 07:33:31 PM
 #814

Many people were able to make money on cryptocurrencies due to the fact that they were lucky and they invested in cryptocurrencies in a good time and brought them out on time. Now I do not think that it is possible to earn by investing in cryptocurrency just hoping for luck. It requires a lot of effort and so at the moment you will not be able to get rich quickly.
sandgluenick
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September 30, 2018, 08:39:22 PM
 #815

until now I have never gotten big profits in just one night. I have become what it is today, it takes a long time. so I think being rich just overnight is very difficult because it's not gambling. and if there is, then I think that only applies to people who are lucky or those who have large capital so they can generate huge profits quickly.
Tosyn2
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September 30, 2018, 09:42:09 PM
 #816

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 isn't avenue to get rich overnight to be rich it calls for your time and money invested in crypto or better still earn from bounty, still it takes alot of Patience and time.
sgenuine
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October 02, 2018, 07:36:26 AM
 #817

Cases where people got rich on cryptocurrency overnight, units. It happens that people are just lucky, but do not hope for this luck. Any rewards you receive in life are equivalent to your effort.

Yes, it happens but very rarely. As a rule, trading and dealing with the cryptos is a very difficult business that takes too much time and needs a lot of efforts. Do not wait that you will become a millionaire in 1 night.
Manuel Schenkhuizen
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October 02, 2018, 07:48:32 AM
 #818

This is a small probability event. At present, cryptocurrency has entered a downturn, and it is basically impossible for you to get rich overnight. You must choose the project you like to invest in it for a long time.
knuckey
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October 02, 2018, 07:51:56 AM
 #819

Honestly this is a sad mindset and makes many people lost and trapped in its investment, especially newcomers. I think this kind of mindset must be eliminated and changed to make investment in crypto become more productive and attractive to everyone.
vitek146
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October 02, 2018, 07:57:27 AM
 #820

Need wait next bull run to rise market but dont think if overnight  crypto can increase only some coins who pumped for 24 hours.Now situation in market are very bad, i have some coin and think why he down every day?i go to exchange and put order some under than see in 5 sec another put more under and do it 10 times than i cwncell my order and understand that people want sell for any price under 50% or 80% of ico price, this very bad wayfor every coin.

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