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Author Topic: Cryptocurrencies will make you rich overnight?  (Read 4427 times)
quarkyplum
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August 21, 2018, 10:26:32 AM
 #61

Only when you're a really lucky guy or you made right decision Smiley. It's not difficult to earn money in this crypto world but to be able to earn large amount of money in this world, it's not easy as so many guys still think Smiley. Don't hope that you guys can become millionaire in this world by following other guys directions Smiley.
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August 21, 2018, 10:30:51 AM
 #62

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

I don’t think so. They’re not going to make you an overnight millionaire. Definitely a no no! Cryptocurrency is definitely considered a high risk investment and it may go up or down quickly. I would say we should only invest what we can afford to lose.
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August 21, 2018, 10:31:05 AM
 #63

The answer is no. Investing in cryptocurrency is very tricky, if you have plenty of resources you can earn millions overnight but you also need to invest millions. If you don't have that much resources, it will take a lot of time, couple of months or years. Most of the people think that investing in cryptocurrency can make your rich in a short period of time but that mentality is wrong. Crypto is volatile and you need to know first how it works or you will lose all of your money in just one night.

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August 21, 2018, 12:15:02 PM
 #64

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?
It is not true. Cryptocurrency can only make you a Millionaire if you your own research and study what is the best altcoin that you can hold. You also have to wait for it to have a good value. Cryptocurrency can make you broke overnight if you didn't study and buy random shitcoin in the market.
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August 21, 2018, 12:24:35 PM
 #65

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

I don’t think so. They’re not going to make you an overnight millionaire. Definitely a no no! Cryptocurrency is definitely considered a high risk investment and it may go up or down quickly. I would say we should only invest what we can afford to lose.
Yes I believe that getting a profit here in crypto is easy but not in an overnight. You'd still needed time to work it out before you can get what you'd really wanted to get. You'd still needed to make your best shot and needed to exert your effort because it is impossible to become rich in just an overnight, a very impossible thing.
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August 21, 2018, 12:39:52 PM
 #66

Cryptocurrency is an investing asset, like stocks and futures. Theoretically, you can become rich overnight, but practically you should learn a lot and work hard a long time, to become rich.

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August 21, 2018, 02:15:49 PM
 #67

this is the biggest mistake that is believed by laymen in crypto investment.

no no, bitcoin is not magic that can make you rich in just one night.
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August 21, 2018, 02:33:08 PM
 #68

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

Well, while Cryptocurrency is not a get rich quick scheme as attempting that could get your fingers burnt. However, some guys have been fortunate enough to buying some good project in the dip and over a few time, the project team just get a good partnership and that was all therein, they automatically become rich. This sort doesn't come always.

That kind of thinking placed a lot of people in a very difficult situation now. Unless you're extremely lucky, there's no way to be rich overnight. We have to understand that even with crypto, hard work needs to be put in with study and gathering experience.

 
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August 21, 2018, 02:39:34 PM
 #69

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

it's hard to say yes. I don't think you can get rich overnight in this industry, especially if you don't have much knowledge about investing, trading and altcoins. This is very important because to get a profit you have to go through a lot of experience.
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August 21, 2018, 02:49:31 PM
 #70

this is the biggest mistake that is believed by laymen in crypto investment.

no no, bitcoin is not magic that can make you rich in just one night.
If they participate in gambling this will be possible any person and It is really risky investment but luck is the important role of this platform.
If you have knowledge and luck in this platform you will be next billionaire of any platform. So everything is our fate may be some laymen won the crypto investment.

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aversuz
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August 21, 2018, 02:56:27 PM
 #71

i think it is impossible now. it was possible one or two years ago. but now it is not so. of course u can make a lot of money with cryptocurrencies, but it will take a lot of time, more than week or few month, or u can make risky deals. but here u can lose all your money.
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August 21, 2018, 03:04:06 PM
 #72

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

Not really overnight, but if you have the patient to hold your coin and believe in coins that will make you profit on a long term there's a possibility, only Bitcoin so far has jump a thousands percent and people are still looking for the next bitcoin in the making, so our assignment is to look for the next big coin like Bitcoin.
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August 21, 2018, 03:09:10 PM
 #73

There are no any get rich quick methods. There are no any shortcuts to success. Also you have to understand that investing in any market is a high risky work. Invest wisely. Then you can make some profits.
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August 21, 2018, 03:11:31 PM
 #74

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?

Yes, you may have luck and get the right ICO project. Then you have to be lucky once again and the price of his tokens rises to the stock exchanges. And than to getting a lot of money. But if you only rely on luck, I think it's an illusion to hope to become a millionaire.

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August 21, 2018, 03:13:04 PM
 #75

Present. Crypto can make you poor in only one night. This market is not really worth the dream like the end of 2017. Everyone has experienced a bad year with long-term adjustment. So do not dream of being rich in 2018, trying to get past 2018 is the first thing we need to do.


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August 21, 2018, 03:15:57 PM
 #76

Yes, it can. But this is not lottery which will make you rich. It is type of investment which has good growth in future. Mind that it is two way investment. It can give loss too according to time and conditions. So if you want to invest then do not invest with target of night. It may take long time.
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August 21, 2018, 03:19:08 PM
 #77

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?
I think that many people got rich on the rise at the end of 2017, by their example more ordinary people began to come and of course lose their money. For that, there was this movement about success, in order to attract as many people as possible who don't understand anything in this area.

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August 21, 2018, 03:19:23 PM
 #78

There are so many scammers and mafia people behind these altcoins, that it is unreal. People should be made aware of this much better then what you see today. There is no honor among these thieves. And all they do is steal your money and hide behind fake online identities. Apart from a handfull of projects, 99 % of these coins are made with one purpose only: steal your money.

You had better only support a serious project. Because of every altcoin I have invested so far. They have all gone down with -95% on average. Basicly they just scam you out of your money and then keep selling the millions of coins. After a period of intense marketing they just dump all their coins and are gone. And you are left with some virtual token that is now worth nothing. Welcome to crypto..... had better stick to fiat if this is going to be what people do with it....
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August 21, 2018, 03:19:47 PM
 #79

I used to feel like I was a new rich man, when Btc arrived at the price of $ 25,000 and eth at a price of $ 14,000 but a few months after that, I suddenly became a poor person because eth was only $ 275 today

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August 21, 2018, 03:23:09 PM
 #80

One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?
I don't agree if crypto can make us rich overnight, can we understand all about crypto overnight? certainly not. but if crypto can make someone become a millionaire, then I agree.

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