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Author Topic: Does crypto offer riches overnight?  (Read 6157 times)
worldofcoins
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March 02, 2021, 12:15:19 PM
 #861

Altcoin trading can truly offer riches over night if you can find the best if not optimal trades.
Most of the Tokens changes in price very quickly because of low volume and thus it’s easy to predict where the price is going.

 

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guydin
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March 03, 2021, 05:21:34 PM
 #862

Cryptocurrency is really a way to get rich quick. But this requires a lot of start-up capital to build a good investment portfolio, otherwise you can just waste your money. Well, or collect a small profit.

No need to look for easy ways to get rich, spend time educating yourself. Knowledge will always play into your hands, to understand where you are investing and what you want to get the most basic rule. And thoughtless shopping will not bring you anything but disappointment and resentment.

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March 03, 2021, 05:27:32 PM
 #863

No such thing as overnight riches
hard work and consistency

Cause is not before and effect is not after
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March 05, 2021, 01:38:22 PM
 #864

yes exactly, I experienced it by myself. Not rich rich, but I got some fortune that I can't get by being an employee in some company. Back in 2017, I was so lucky to get some valuable tokens/coins that can made me bought a house for my parents. But, it never came in one night. It needs patience and moment. Learn from my experience, I got a lesson that I keep as my principle in engaging with crypto world which is "seize the moment, seize the chance" cause those ATH won't repeat in short time. 

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April 08, 2021, 05:48:10 AM
 #865

not really sometimes it's also important not to be greedy and withdraw on time

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April 08, 2021, 06:08:44 AM
 #866

Many people on this space think that it is easy, just determine the right time the pump will work into the dump.  Most of the time, as I believe, no one can hope for that miracle.  Or think simply, what is easy is easily lost.  Crypto isn't like playing a lottery.  It all has to be observing, calculating, choosing, planning ... I think everyone will fancy the long term!

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April 08, 2021, 06:56:36 AM
 #867

Greed will make us lose everything, getting big returns is the main reason someone is to invest all of their money in crypto.
Cryptocurrency can make us rich overnight, but cryptocurrencies can also make us poor due to huge price changes in a short period. When you are in a position that is not what you expected, patience is the key and making sure you have a suitable risk profile and can accept large price fluctuations.

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April 08, 2021, 09:56:32 AM
 #868

Greed will make us lose everything, getting big returns is the main reason someone is to invest all of their money in crypto.
Cryptocurrency can make us rich overnight, but cryptocurrencies can also make us poor due to huge price changes in a short period. When you are in a position that is not what you expected, patience is the key and making sure you have a suitable risk profile and can accept large price fluctuations.
Yes, in some lucky cases there are still huge profits in a short night but this profit still does not bring wealth because most investors in this case are taking on a lucky challenge, put a relatively reasonable amount in a shitcoin or project and hopefully a big thing tomorrow, success or failure also affects only a small part of mood and capital. Obviously even if we are lucky, rich is not easy, at least it takes a long time to accumulate profits and keep money safely, infinite time and patience will take us to the ultimate goal

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April 08, 2021, 10:34:18 AM
 #869

Crypto never offers over night riches But chances are ..

if you are lucky to find a Gem ? then you can be rich overnight or at least for couple of days , But Mind this one ... While the chance is there to become Rich , The opportunity of becoming Poorer is multiple times.

meaning this is a very risky market and overnight speaking ? you can be rich or you can be more poorer.

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April 08, 2021, 10:39:34 AM
 #870

Being wealthy after only one night for a trader is not a simple thing. To be successful, they have to lose money many times, even to borrow to get money to continue investing. So nothing succeeds without experiencing difficulties. Patience is a must when investing in cryptocurrency.
I understands that is the Natural way people believe things should work which it should be. You don't expect to come into some Investment without any form or just little knowledge and expect to perform well in it. Investors should learn about everything that is required to fully take advantaged of the market

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.
While that might be true that Cryptocurrencies investors should take their time to understand the project intending to invest in and also the market to understand how it works in other to minimize risk and loss, we still agree that there are exceptions where new investors can get rich over night by luck because they invested in the right coin at the right time. Trust me even as a newbie, I witness this but I am not saying I an a rich person but only if I had the funds to have invested in the coins I invested in back then even without the knowledge looking at the profits I made then. So it is possible but not to be relied on as such.

I hear what you say but this are just one off situations out of total investors however, I believe that they still have to learn the fundamentals of trading to be able to continue to hold that profits. 
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April 08, 2021, 10:45:34 AM
 #871

not really sometimes it's also important not to be greedy and withdraw on time
Yes, but the problem is that some people don't know when is the right time to pull themselves out and get out of greed,
because in essence all humans have a greedy nature within themselves.
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April 08, 2021, 12:27:51 PM
 #872

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.
You can get rich in crypto overnight if you also have a huge amount of funds to do trading and scalping however if you do not have any that big amount of funds then getting rich for overnight but you can get rich if you hodl a promising token in a long term basis.
Sometimes you are a little funny when you say that you will be rich in crypto overnight, Grin you need to know that getting rich overnight is not an easy thing to do in crypto, because people who have large capital are already said to be rich people, so people it has entered the category of rich people even though it is not into crypto. Grin

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April 08, 2021, 02:03:49 PM
 #873

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.
Yes I agree that dedication, hardwork, and patience are important to have a successful career in crypto. We have a lot of things we need to understand so the process of learning never stops. The journey also includes wins and losses so patience is really the key.

"People do not see the essence" ?

I think some sees crypto as a bad thing or unimportant due to it is commonly used in scam. They will be invited to invest promising them that the money will double or triple after a certain period of time but when that time comes, no money will get back to them anymore.

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April 08, 2021, 02:35:23 PM
 #874

yes as developer launching product and service the price as those might be available on market gives with the chance on investors to work on decision with the trading plan on exchange, that price difference might have with length on expectation of investors preference.

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April 08, 2021, 02:44:01 PM
 #875

not really sometimes it's also important not to be greedy and withdraw on time
Yes, but the problem is that some people don't know when is the right time to pull themselves out and get out of greed,
because in essence all humans have a greedy nature within themselves.
That's correct, most don't know how to maintain their lane while on this wealth creation scheme, it could be dangerous to some and good to some it all depends on the way risk is be manage along the line of action. At time they take the bull-run for granted and later regret their actions, some follow theirs with greediness which sometime likely end them in loss. For example, once my profits tick the amount i wanted am out of the f**king game becasue of the unknown forces in the game, so, overnight riches still flow into the hands of investors or you called gamblers. 

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April 09, 2021, 07:21:02 AM
 #876

Someone does, there  is always a miracle story circulating in the crypto world. But who is? Obviously, all of us wanna be this lucky guy.But, we all know that just a daydream. Now let us face it, stop this manica thought. I rather to work hard in the real world.
After talking so much, my answer is no.
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April 09, 2021, 07:24:53 AM
 #877

Nothing is instant in investing, including cryptocurrency. all need a process. And nowadays if you want wealth in one night that's ridiculous.
maybe it is suitable if you go to the casino to be able to get rich in 1 night. investing in cryptocurrency even though it has high returns also has the risk and time to get maximum profit Even the new ATH in the cryptocurrency market comes after 3 years. so it's not a short time

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April 11, 2021, 02:43:38 PM
 #878

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.
As you enter crypto, you should already prepare yourself from losing a lot of money and being patient with perseverance. A friend of me once told me that you will lose more than you'll win in trading but time will come where it will be worth it. Also, you should consider being smart and wise with your decisions in here if you really want to get rich with the help of it. Watch over the price changes all the time and see the pattern then decide whether you'll invest already or not. Patience is not only the key on winning here, knowledge and good strategy also. Nobody gets rich over night, so work it all out to make it to the very top in the future.
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April 11, 2021, 03:26:15 PM
 #879

Nothing is instant in investing, including cryptocurrency. all need a process. And nowadays if you want wealth in one night that's ridiculous.
maybe it is suitable if you go to the casino to be able to get rich in 1 night. investing in cryptocurrency even though it has high returns also has the risk and time to get maximum profit Even the new ATH in the cryptocurrency market comes after 3 years. so it's not a short time
maybe in "futures" trading. A person can get wealth or profit which is quite high in a short time. but all must have the risk that is commensurate with if you really want high profits,
make sure you are ready for the risks faced. because if you are interested in high profits, you can be sure that the investment has a high enough level of risk.
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April 12, 2021, 10:14:26 AM
 #880

over year but for some people even more

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