Crypto is not a get rich quick scheme

[cryptocyprus]

For many people, cryptocurrencies are only a way to make quick money and it is not strange that they earn on cryptocurrencies, since I believe that last year they created so much hype for this purpose.

[marcitosi]

we are still at the stage of becoming a cryptocurrency market, therefore such corrections are normal and there is nothing strange in this

[jumail]

Very logical, I really like the explanation in this thread. Where most people complain and think this is the end of cryptocurrency, this review is a bit calming, like an oasis. Btw, for those who understand the cryptocurrency ecosystem will definitely remain calm, price increases and decreases are normal.

[warcarft3]

This has something to do with the time of purchase. When you have a good cryptocurrency market, it is very likely that you will make a lot of money when you sleep, but it is very difficult to make money during the long-term downturn in the cryptocurrency market.

[sirengutou]

You are right, because there is a very serious price manipulation in the cryptocurrency market, which is very dangerous for ordinary investors.

[virasog]

Although bear market at the moment. I also find it unbelievable if someone says they can become wealthy overnight. However, the number of people is very small, I think only 1/100 people at the present time can be like that

Well I have seen many people becoming rich is a manner of days and weeks last year. I could be one of them, but unfortunately I was greedy and did not sell my bitcoins at the peak last year. However I am still hope full that one bitcoin will again reach 20,000$ and then we can fulfil our dreams.

[Jordens]

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?

You are right, cryptocurrency is not a scheme of rapid enrichment, here as elsewhere it is necessary to think, develop strategies and analyze, gradually gain experience. The market will begin to grow, but today it is too early to hope for it, now is the time to think about investing, prices are low enough.

[matteoricci]

it certainly is not.  if you have a weak heart and expert an avalanche of cash here, better look somewhere else.

[luthvie]

absolutely right, more like a gambling, you choose to invest in some project, perhaps thats project goes well and get profit from invest on that, or will be loss because the develop of the project was bad.

[ansarose1]

Yes, definitely true. Crypto business may give you earn big profit but not rich quick scheme, although there were bitcoin investors get rich but not as quick as they can, they have experienced struggle, patiently wait for the good timing for trading and selling to get more profit.

[Anna Borisovna]

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?

Apparently you did not keep the coins bought for a long time, during a massive market decline.
people are not worried about the loss of their coins, but about the loss of capital that they invested (at the wrong time, maybe)
and quick earnings are possible with small short-term investments - in any market, if it is not dead. if you have talent or trading experience

[Rena5]

Crypto is not a get rich quick scheme for me,it takes a lot of time and courage before earning in crypto.It will give you big earnings but will not make one's rich instantly.Invest what you can afford to loose in crypto and takes a lot perseverance in order to meet your goal of getting rich.

[South Park]

Too much people wanna get rich in a day. Too bad they scare people when they scream how crypto is dead. Market is fine.

That is a huge problem in the market now, many are only interested in getting profits quickly and then when they do not get them they begin to tell everyone that the market is a ponzi or that the market is a scam and that is not true, but unfortunately many believe them and they decide to not invest in the market making a recovery even slower than what it should be.

[cameron_EMI]

You are right, because there is a very serious price manipulation in the cryptocurrency market, which is very dangerous for ordinary investors.

Like many people think the December 2017 bull run was heavily manipulated with a bunch of USDT printouts that pushed BTC price up to $20K and dumped very hard. Also, as right now, I think the market is being manipulating by institutional investors and traditional crypto whales, but I do think we will see a nice bull run by 2020. Be patience and HODL your cryptos.

[DRVX]

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.

The guys, who used to buy Bitcoin before 2016-2017 and who were in time to sell it in winter 2017-2018 (January), used all the chances to become rich quickly. Hope in future same things will be again.

[Mysteryla]

What has been making some people to confess negativity about cryptocurrency is lack of patience. Most of them are here to make quick profits and then opt out as fast as they could. Instead not that, the whole thing has turned the other way round for them. Which then makes them to start professing what crypto is not. As far as i am concerned, cryptocurrency is still in form and it requires some patience.

[testadimerlo]

In the past a lot of people became easily rich. Now time is changed but it doesn't mean that there are not nice opportunities anymore. At the moment patience is the key.

[EL-NIDO]

I fully agree. Many people are still thinking that crypto makes them rich overnight. They invest blindly without studying first the project and technology.

[mirgo1791]

yes to work on possession with the technical skills and strategic competence as referring offers of product with the goods and service to gains with chance as extensive to manage of tasks on finance and referring notable of quotes with the progress on company development as the release of anchoring with the scheme of business with the archipelago.

[freedomgo]

I fully agree. Many people are still thinking that crypto makes them rich overnight. They invest blindly without studying first the project and technology.

They will not make money here because they will only invest when the market is on uptrend, whales will kill them in the long run.
But, if they will learn and matured, maybe they have a shot because crypto has a great potential to be the primary money in the future.
Together, let's replace the current financial system.