Crypto is not a get rich quick scheme

[cudora]

I think a lot of people have learned this lesson, especially people who entered the market during the last bullrun. You need to be very patient and make great investment decisions the whole time to reach success in this industry.

[ninja811]

Although cryptocurrencies are not, under the conditions of the current market, a scheme for rapid enrichment, I still believe in their future.
The market is in a strong decline and only slowly begins to rise from the bottom.
It's time to buy good coins at a low price.
Over time, if we take into account the high volatility of the market, the price for them will increase and you will get a profit.

[high110]

Cryptocurrencies can bring you quick profits. But one thing must always be remembered: we never know what will happen in the future. When I invest my money in some sort of altcoin, I am ready to lose my money, or I am ready to wait as long as necessary. Perhaps Altcoin will grow tomorrow, and maybe in 1-2 years.

[Caladonian]

This is true you can't get rich in a just a matter of days or months unless your investment take a high leap regards to the development in the product just like what happen in the past where many coins pump in price. But today you need to exert big effort and have a very big patience in your life if you want to succeed here.

Many people do believe that they could get easily rich here in cryptocurrency, but in reality they don't because they still need a lot of patience, learnings, and hardwork for them to get rich and become successful with cryptocurrency.

They have wrong impression, they just believe that it is a quick venue to earned and forget the importance of educating themselves, things is different
when you know what to do inside the investment platform that you take, there's no quick way without taking the risk one mistake will lead you to totally
burned everything, instead of becoming rich it will turned to the otherside.

Crypto needs being studied and well prepared, both your financial and emotional capabilities.

[Nwankwobtt]

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?

Only people with weak knowledge of cryptocurrency  fundamentals complain about its state. People keep saying crypto us dead while the big players like Binance keep making giant strides in the market. Crypto is certainly not dead but passing through a phase

[SaShiRaJaVu]

Right now it is not. But there was a time when it was. It takes big profits or big loss and with that it has made a few people very rich and some others very poor.

If you are smart enough you could book your profit, the problem with some of the projects were, it looks promising in the beginning and the price will shoot up and that is the time you should book your profit rather than holding it for a longer time unless it has a promising strong team, if you invest wisely you can always make money in this market.

[nikola22]

today crypto is not a get rich quick scheme but 2-3 years ago it was and people could earn big money in short period of time.

[Altryist]

Right now it is not. But there was a time when it was. It takes big profits or big loss and with that it has made a few people very rich and some others very poor.

Everything is possible even with today's market, if there is still a good analysis and a little or a lot of luck, then with a few coins and pampas you can become a very successful and wealthy person. In any case, as always, almost everything depends on you, just think with your head.

[Hueristic]

90% of people in crypto that are here from the beginning of the bubble in December 2017 are here to profit from the crypto boom.
Even if people would like to relate it to a planned investment option, most of the those people still are trying to use it as a get rich quick scheme.
The unregulated nature of crypto makes it a good tool for heavy investors to profit from artificial price movements.

FTFY

[CryptoAlphaStar]

Nothing is a get rich quick scheme. Except for the lottery in the short term. And crypto can be a lottery if you treat it like that. But this is not a topic for serious discussion, but for some gambler's drinking night and fun.

[Kekkins87]

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?

What you say is true that I also feel normal with the current market conditions, precisely this situation can be an arena for us to learn and gain experience so that we can make good decisions at every opportunity provided by crypto currencies. This experience can be a lesson for us so we can have a good strategy in playing crypto currencies because I also consider that crypto currencies are not a scheme to get rich quick. But crypto currencies are like life money where we can profit from this crypto currency routinely if we are able to read and take opportunities.

Exactly but the problem is to find the new coin that can do a big % of price grow...we must look for coins that are not ico or bounty but people are too stupid for this....I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...there is a good dose of luck of course, but you must always do your own researches...for example watch Elicoin in livecoinwatch , is not an ICO or bounty... it's a coin with low mc, low supply, PoW whit cpu, no premine, active dev...only trading it on CREX24 for now...do you own researches in the thread in bitcointalk: https://bitcointalk.org/index.php?topic=3028302.0... people are too stupid for DYOR and got scammed by ICO or bounty...just my 2 cents...hope it helps...cheers

[TheCoinGrabber]

This is true you can't get rich in a just a matter of days or months unless your investment take a high leap regards to the development in the product just like what happen in the past where many coins pump in price. But today you need to exert big effort and have a very big patience in your life if you want to succeed here.

Many people do believe that they could get easily rich here in cryptocurrency, but in reality they don't because they still need a lot of patience, learnings, and hardwork for them to get rich and become successful with cryptocurrency.

They have wrong impression, they just believe that it is a quick venue to earned and forget the importance of educating themselves, things is different
when you know what to do inside the investment platform that you take, there's no quick way without taking the risk one mistake will lead you to totally
burned everything, instead of becoming rich it will turned to the otherside.

Crypto needs being studied and well prepared, both your financial and emotional capabilities.

That's what happens when people just jump the bandwagon. They see other people getting rich, they dive right in and shell out cash without researching first. Some would even take out loans. This is true not just for crypto but many get-rich-quick schemes as well.

If they're lucky, they do profit. However they're more likely to hear of such opportunities when a bubble is about to burst or if it's a Ponzi, when the pyramid has become impossible to hold up.

[aliceHortrex]

This is true you can't get rich in a just a matter of days or months unless your investment take a high leap regards to the development in the product just like what happen in the past where many coins pump in price. But today you need to exert big effort and have a very big patience in your life if you want to succeed here.

Many people do believe that they could get easily rich here in cryptocurrency, but in reality they don't because they still need a lot of patience, learnings, and hardwork for them to get rich and become successful with cryptocurrency.

They have wrong impression, they just believe that it is a quick venue to earned and forget the importance of educating themselves, things is different
when you know what to do inside the investment platform that you take, there's no quick way without taking the risk one mistake will lead you to totally
burned everything, instead of becoming rich it will turned to the otherside.

Crypto needs being studied and well prepared, both your financial and emotional capabilities.

That's what happens when people just jump the bandwagon. They see other people getting rich, they dive right in and shell out cash without researching first. Some would even take out loans. This is true not just for crypto but many get-rich-quick schemes as well.

If they're lucky, they do profit. However they're more likely to hear of such opportunities when a bubble is about to burst or if it's a Ponzi, when the pyramid has become impossible to hold up.

There are a lot of pyramids in the world and we have a very frequent intersection with them. The structure of the pyramids must be studied and be very careful when entering the pyramid.

[Crypto24hrs]

Yes crypto is not a get rich quick scheme, but do you need to blame those that complaining over the bearish market? no you should not because every person that come in to crypto is here with the intention of making profit, but lttle did they no that MANA does not fall from heaven everyday, by now they must have learn their lesson.

[wxganz]

If you think constructively, we can not wait for bullrun because of a very strong drop in confidence in the crypto industry. Bullrun is very dependent on the information that is around a certain list of cryptocurrencies. And now this information is very bad.

[bountylayomi]

Crypto is not a get rich quick scheme and it won't ever be, so every cryptocurrency enthusiast should know this from the onset and won't be like they aren't being patient enough for the market to survive and make profits.

[Globen]

This is fact, cryptocurrency is not a get rich quick scheme. It is a system that requires learning and studying. You need to understand what the system is all about. If you understand, you wouldn't be in a hurry to get rich quickly  because that might get you burnt. If you understandthe concept of dip and bull, then you will know there are seasons in the system.  People who do not understand this seasons get easily burnt because when they see the dip, the immediately think it is the end For cryptocurrency  and they panic sell thereby selling at a loss of what they invested.  In studying, one also needs to know the entry point to trade, when to buy and when sell. When to trade the News. With knowledge, you can earn big in crypto but not in a rush.

[ryap12]

This is fact, cryptocurrency is not a get rich quick scheme. It is a system that requires learning and studying. You need to understand what the system is all about. If you understand, you wouldn't be in a hurry to get rich quickly  because that might get you burnt. If you understandthe concept of dip and bull, then you will know there are seasons in the system.  People who do not understand this seasons get easily burnt because when they see the dip, the immediately think it is the end For cryptocurrency  and they panic sell thereby selling at a loss of what they invested.  In studying, one also needs to know the entry point to trade, when to buy and when sell. When to trade the News. With knowledge, you can earn big in crypto but not in a rush.

Unless if you are destined to get rich in a single purchase or that you are super duper lucky that money is attracted to you. Otherwise, you still have to work your butt out to earn something from the crypto-market. The only thing I like is that I can do it whenever and wherever I want to earn from it.

[lobo13hf]

This is true you can't get rich in a just a matter of days or months unless your investment take a high leap regards to the development in the product just like what happen in the past where many coins pump in price. But today you need to exert big effort and have a very big patience in your life if you want to succeed here.

Many people do believe that they could get easily rich here in cryptocurrency, but in reality they don't because they still need a lot of patience, learnings, and hardwork for them to get rich and become successful with cryptocurrency.

They have wrong impression, they just believe that it is a quick venue to earned and forget the importance of educating themselves, things is different
when you know what to do inside the investment platform that you take, there's no quick way without taking the risk one mistake will lead you to totally
burned everything, instead of becoming rich it will turned to the otherside.

Crypto needs being studied and well prepared, both your financial and emotional capabilities.

That's what happens when people just jump the bandwagon. They see other people getting rich, they dive right in and shell out cash without researching first. Some would even take out loans. This is true not just for crypto but many get-rich-quick schemes as well.

If they're lucky, they do profit. However they're more likely to hear of such opportunities when a bubble is about to burst or if it's a Ponzi, when the pyramid has become impossible to hold up.

There are a lot of pyramids in the world and we have a very frequent intersection with them. The structure of the pyramids must be studied and be very careful when entering the pyramid.

Crypto is not a pyramid and it has no correlation with it. But remember a lot of people are using icos as a way to generate a huge of money instantly. Remember this dude ico looks the same as the stock market. When it's created by a good company and there will be a lot of hype.

[labenea]

Everything certainly has its own stages and is not as easy as we imagine especially in this digital world. I believe that crypto provides many benefits but it is not easy, we have to go through several stages and cannot get rich soon.