Crypto is not a get rich quick scheme

[Bosmuda]

I think crypto is indeed not the path to make someone get rich quick especially in crypto conditions for now, unlike in 2017, many people enjoyed this huge crypto result, for current market conditions it must be hard to get results like last year

[bestpikka]

actually, this is a risk that from the beginning has been said when we will plunge into the crypto world that is very unstable crypto prices, therefore if we realize it, of course, we will not complain excessively and faithfully to wait that crypto will return to its peak glory.

[mbah]

a lot of people who are already wealthy from crypto but surely they already feel the stages and a long process. If hope included in crypto but with instant results then it is not the recommended way in this field. Crypto direction uncertain and not quick in delivering big increases. so many will just get lost depends only on the rise quickly on crypto.

[chenhaonan]

This is an investment area. It is also possible to get rich quickly, but the right time to invest is possible. Usually, you can get rich quickly in a short time. Most of the time, it is a long investment process, and it is impossible to get rich quickly.

[freedomgo]

This is an investment area. It is also possible to get rich quickly, but the right time to invest is possible. Usually, you can get rich quickly in a short time. Most of the time, it is a long investment process, and it is impossible to get rich quickly.

Possibilities to get rich is here but we should not think of that as it will only make us depress.
We have to be very conservative and must focus more on the risk than the reward, in that way, we will be able to minimize our exposure and that
would help us to hold and to become a successful long term investor.

[maculeth]

everything needs action and doesn't happen overnight. for trading and investment it also takes a long time to get a large profit. Bounty also takes a long time to get a reward, so everything needs a process and waits to become rich.

[Rambukwelle]

Imagine Someone starting a New Business and putting all the effort and Time on it for 10 Years and the Startup becomes successful.People ready spent  years for that but can't wait  years to Get Profits at Crypto. the Attitude towards Crypto Trading should be changed for sure.

[nekorakoeora]

It took a long time even for good results could hope in crypto. be rich in crypto need processes and of course, many investors long ago proved that take up to months or years to feel results from crypto they collect. When just looking for instant results then don't hope it can be found in crypto.

[deppil90]

The consequence for traders is a change in market prices, we must be able to take a position on how our investment works again and benefit us, nowadays, not only does crypto prices decrease, I see all prices in the index also decline, so be assured crypto front

[AlphaGoo]

There are few opportunities to get rich quickly, usually only a few days or 1-2 months. Waiting for such an opportunity to appear may take several years. Only people in other industries believe that cryptocurrencies can become rich overnight. In fact, the reality is very cruel, and profit beneficiaries are usually holders of cryptocurrencies, which requires enough courage.

[various]

After a huge bull run, we need years for correction, yes i agree with you. But these years will fatigue some impatient people and they will give up. Only those who believe in this market will remain.

[melomanskiy]

I support the vehicle. I am also not particularly worried about the decline in the market, I look at the long-term perspective. In the meantime, the market is falling, I try to buy good altcoins as much as possible in order to average the portfolio.

[babarian]

I believe that is what everyone outside the crypto world think, cause what they saw on everyone who were in crypto world are having like an enormous amount of income, especially in 2017.

some people out there still think that people who join the crypto world can achieve success and get money quickly, it can even be said to be rich overnight. even though in reality we are currently experiencing difficult times in the crypto world.

[R9s]

I think traders who get rich by investing in cryptocurrencies will not exceed 20% of the total, because most investors are reluctant to quit when they are profitable, and they choose greed.

[Successv]

In fact, no one can know that a bull run will come soon, but many people believe in it.  Although it seems to me it will not come soon!

[VasyaPupkin]

I don't know if I am the only one that is not worried about the market and feel it is doing fine?
I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.


It is only the weak hands that are complaining while the wise are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?

Unless of course there are such advantages, yes, you can of course get a good profit at a certain moment, but it all looks not only as a successful strategy, but a combination of circumstances. So the market is becoming more and more like a casino.

[Eraldo Coil]

It's not that it's not a get rich quick scheme. There are times that it is an rng (random number generator) scheme where sometimes you will get lucky. There are times that I've seen people get rich just because they invested in something and they didn't really expect that it will boom like that. I think luck still plays a role here even though you've done countless research.

[iljamlnk]

Weak people who do not believe in crypto go away, but those who are optimistic about the future will remain and use this time to buy at a low price.

[Russlenat]

Crypto is a rich scheme to thus who are early on it and they became very rich now, it is not to thus who have failed or lose of its investment in crypto, for me it is depend on how you figure out on how crypto works on you.

[DikkieD]

Too many new projects, too little money for each project. Too little hype, so price is not skyrocketing that fast anymore and as a result fomo is less. Fomo is needed (though unwanted) for price to go up fast. Right now most are patiently waiting. New money will follow suit once the trend is up again.