Crypto is not a get rich quick scheme

[puremage111]

Its never a get rich quick investment, just because it skyrocket like few hundred % within a few months, doesn't mean it can last like that forever
This also caused a phenomena where people see it and take it as a scam hmmm

[tonibyuzen]

I think you say wise things. But not everyone wants to analyze the market and get the necessary knowledge. For most people, it is easier to listen to someone else's opinion or to commit an act, because of which they will lose their money and be disappointed in the cryptocurrency. You should understand that bullrun has passed recently and the market needs time for correction. But you have to be patient and just wait it out.

[adekogbe]

A lot of people are getting to cryptocurrency in that to get rich quickly but cryptocurrency does not work like that it is not a get rich quick scheme and if that is your aim then you probably lose a lot of money so be careful about the project you investing and always set your goal before investing any project either it is long term or short term.

[CryptoSmile]

Crypto for me is a long-term investment, for that if we really want big profits, then we should be patient to wait. Since crypto first arrived, crypto only experienced a high price increase in 2017, meaning that it took quite a long time at that time where at the peak many people got huge profits in 2017. If we miss the year, it means we still have to be patient to wait for the next few years to expect a high return on crypto prices, because crypto is not a scheme to get rich quick, but a long investment that we have to wait in patience.

[BartS]

The cryptocurrency market has changed a lot lately. Once upon a time, crypto really made it possible for quick earnings for many people.

There are still many opportunities to make fast profits but now the risk that you need to take to try to get those profits is absurdly high so many like myself are not really ready to take such huge risks, so if you want to have profits similar to what you could get when we were in the previous bull market your only option is to wait until those conditions present themselves again, something that most likely will take a lot of time.

[fathur01]

Cryptocurrencies are not a scheme for making quick money, but you also can't deny that it's quite real. I think that when the bull market comes, people will again start investing all their last money to get rich quickly, this is the psychology.

[asriloni]

Cryptocurrencies are not a scheme for making quick money, but you also can't deny that it's quite real. I think that when the bull market comes, people will again start investing all their last money to get rich quickly, this is the psychology.

And then you must watch bittorrent ico and how early investors have made 8x instantly. When bullmarket comes and then those speculators will be rushing crypto again and we are still waiting for that momentum to happen in the future.

[bountylayomi]

Well, right from time, I know that cryptocurrency is not a get rich quick scheme and it will be very good of us to always preach this message to those we are bringing into the business so they don't come with that mindset as well and be ready to hodl for long should in case there exists bear in the market that is lengthy as the current one we have been experiencing.
Thanks.

[Felipeo]

Yeah that is absolutely right. New people come with a mindset that they will enter the market buy something and they will be millionaire overnight or in few days. They think about this market is only made of profit. So they start investing without any kind of knowledge and they failed after sometime and leave the market with great loss. Those who are new to this market always keep in mind that knowledge bis the only thing which you can make profit inthis market so always do some research on your on before investing in this market.

[Ifychuks]

Crypto is the talk of every lips, just that some people fear to admit being involved with crypto in the public because of some government restrictions. I do know it's here to stay.

[Elmer Grant]

Sure it's not. As all real investments you have to wait and a choose the right company/project.
As I think the future after decentralized exchanges, DexAge. Because Etherdelta and Forkdelta are old and they don't progreess ad update.

[terra_vival]

There is no eternal growth. The rise and fall are cyclical, like the joy of success in perfect moments and the fear and panic in the extraordinary .
I advise you to take care of your nerves, be patient and it in turn will be rewarded.

[Gabali126]

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?

Some people have been lucky to actually gotten rich quickly in cryptocurrency, although I won't advocate such a mind set for any newbie.

[normanderecho]

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?

Mostly of those complain are those people didn't know well about cryptocurrency they'll just invest without searching what kind of things that they had enter. They must take the responsibility the risk they would take, once they're in crypro, not just keep complaining and saying anything bad on it.

[TheAndy500]

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?

Mostly of those complain are those people didn't know well about cryptocurrency they'll just invest without searching what kind of things that they had enter. They must take the responsibility the risk they would take, once they're in crypro, not just keep complaining and saying anything bad on it.

Unfortunately, these are panic buy effects. People do not think about what they are buying and why they are buying. The decision for them is made by their own greed. When the bubble burst, they begins to analyze what happened and what they have. Of course, when they lose their money, they start blaming everyone for it, but not themselves.

[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?

Mostly of those complain are those people didn't know well about cryptocurrency they'll just invest without searching what kind of things that they had enter. They must take the responsibility the risk they would take, once they're in crypro, not just keep complaining and saying anything bad on it.

Effect herd-all be going and I'm running. If these investors at first thought and only then bought, maybe the market would not be so weak, the price would not fall at the slightest panic

[aliceHortrex]

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?

Some people have been lucky to actually gotten rich quickly in cryptocurrency, although I won't advocate such a mind set for any newbie.

This is the right approach, because our future is behind cryptocurrency. It is profitable and cheap money, conveniently cryptocurrency paying off even now.

[JeromeL]

Many people like to complain to each other as soon as something goes wrong for them or events do not develop according to their scenario. Such is the nature of people. Only strong-willed people are able to remain calm and go towards their goal. The growth of the market will be, we can only wait for it.

[BTCreward]

I think it all depends on at what point you invested in cryptocurrencies, as there are people who will not agree with this opinion. I still believe that to achieve success in the current market situation, you need to work hard.

[Seth2009]

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?

Agree, weakhands always complain without thinking that bear market is the best time to buy altcoins... Coz when the time bitcoin will pump again, more earnings will come... Cryptocurrency are volatile so expect for it to have their downtrend also.. Not all the time all uptrend... Sometime its fundamental analysis also affects the situation of altcoins especially the FUD thay spreading out.. So if u know something about trading u can "dance" with their beat.. 😊