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Author Topic: Crypto is not a get rich quick scheme  (Read 23400 times)
oriontab
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March 04, 2019, 10:31:51 PM
 #681

A diligent investor will avoid investment that promises huge gains in a short time.The little exception may be an emerging class of investment such as cryptos where one can take a relatively small risk with huge potential results. We had a lot of instance where a 100 $ token did several thousands in just a few months.That being said, one should not forget that there are no guarantees and these are not get rich quick schemes with cryptos, you may have to spend a long time to see profits.
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March 04, 2019, 10:40:37 PM
 #682


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.


Cryptocurrency investors consist of a strong heart and patience. You will notice that if the market falls down, like what we are having now, those with weak hearts are the ones who panic sells and get off unto this. The bears, bulls and other manipulators are taking advantage about this one,and only the remaining elites will go to the moon.

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March 04, 2019, 10:44:35 PM
 #683


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.


Cryptocurrency investors consist of a strong heart and patience. You will notice that if the market falls down, like what we are having now, those with weak hearts are the ones who panic sells and get off unto this. The bears, bulls and other manipulators are taking advantage about this one,and only the remaining elites will go to the moon.
Crypto market is highly volatile, what we have in our portfolio won't be there by tomorrow. This is all because of the volatility, and the same is being used by people to get rich. There are people who are lucky to get rich as well there are people ruining their life. The misunderstanding should change as well one needs to be prepared enough to meet the market needs to make a bigger profit.
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March 04, 2019, 11:18:33 PM
 #684

That's what one of the biggest mistakes people have made when they engaged into cryptocurrency investments. They think that it can make them rich real fast but when the market falls down hard after that 2017, they start complaining and whining now.

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March 04, 2019, 11:21:46 PM
 #685

That's what one of the biggest mistakes people have made when they engaged into cryptocurrency investments. They think that it can make them rich real fast but when the market falls down hard after that 2017, they start complaining and whining now.

Those are individuals who really don't know what crypto is all about. They joined the bandwagon without sufficient knowledge that crypto is a very high risk investment and the price is very volatile. But if you are in crypto long enough before the 2017 hype, you would know what your next steps will be during this bearish market.
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March 04, 2019, 11:25:19 PM
 #686

Crypto isn't dead, people lose their money in scam ICOs and keeps suffering frustration. They don't know about experience and never invest in wrong ICOs.
Now only those people who really understand in investing, invest in ICO. Those who do not understand in new projects - afraid to invest
People without a lot of knowledge about that should feel worried about that and that's a usual thing dude. as you can see that how so many scam icos in these days. A new way called IOE will help us to verify which the real ico and which is not or a scam ico.

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March 04, 2019, 11:35:08 PM
 #687

Absolutely. During the bull  run in  late 2017 many people are flocking in crypto and invest hoping for a quick profit but in return they end up losing. Inorder for you to earn profit be patient to wait for the market to recover or become bullish.

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March 04, 2019, 11:36:43 PM
 #688

That's what one of the biggest mistakes people have made when they engaged into cryptocurrency investments. They think that it can make them rich real fast but when the market falls down hard after that 2017, they start complaining and whining now.

Those are individuals who really don't know what crypto is all about. They joined the bandwagon without sufficient knowledge that crypto is a very high risk investment and the price is very volatile. But if you are in crypto long enough before the 2017 hype, you would know what your next steps will be during this bearish market.
That is somewhat ridiculous to see them keep whining, let them think negatives against crypto.
This is the result of too much speculating the market, as they always thinking that prices will keep climbing without even realizing that falls may also happen. They don't have  knowledge about this form of investment and so they'll never realize it.

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March 04, 2019, 11:57:20 PM
 #689

Cryptocurrency is a digital currency which operates similar like physical fiat. Its not anything closer to a get rich quick scheme.  Cryptocurrency is the future of the world's financial economy. It introduces a new era of how people trade and do businesses online....
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March 05, 2019, 07:38:11 AM
 #690

If we're to tell ourselves the hard truth, we would realised its not only the weak hands or those with get rich quick mindset that's complaining the market has gone through a lot of unending corrections for a year now. It's wise if people complain.
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March 05, 2019, 07:44:24 AM
 #691

I agree. And I am even to some extent glad that in 2017 I did not have time to get easy money from the cryptocurrency market. After one and a half years, I found many opportunities to consistently make money on cryptocurrency, regardless of their course at the moment. And this moment inspires me more than a quick profit.
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March 05, 2019, 10:55:30 AM
 #692

Yes you are right on this front. Unlike in the past when people thought cryptocurrency to be a get riches quick project and which was also partly right, the crypto market is becoming stable and stronger. Nowadays, cryptocurrency is being treated as a stock market. Just like other projects, it needs time to grow and generate benefits to investors.

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March 05, 2019, 11:39:44 AM
 #693

Everyone should stay away from get quick rich schemes because they will back fire in the end ,there is never a legit source of making money ,you need to enjoy your source of income and embraced it wholeheartedly so that it will Leads to passion and passion always leads to success. Never ever give up

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March 11, 2019, 06:09:56 PM
 #694

A much more successful strategy for thinking will be the understanding that you can make money in the crypto market, but this requires a lot of effort. There is also a chance to get rich quickly, but this is usually an accident.
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March 11, 2019, 06:37:14 PM
 #695

As with any field of activity, cryptocurrency is a very difficult area in which it is necessary to understand and study and those people who come to make quick money often lose all their investments and then complain that it is impossible to earn in this area.

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March 11, 2019, 06:49:03 PM
 #696

If we're to tell ourselves the hard truth, we would realised its not only the weak hands or those with get rich quick mindset that's complaining the market has gone through a lot of unending corrections for a year now. It's wise if people complain.
We are actually free to complain but that is not the position of the cryptocurrencies market.  The market went too far in 2017, and it is now making corrections in other to revert back to were it started last two years.  Things will get better and the market stabilized.
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March 12, 2019, 08:51:41 PM
 #697

We are actually free to complain but that is not the position of the cryptocurrencies market.  The market went too far in 2017, and it is now making corrections in other to revert back to were it started last two years.  Things will get better and the market stabilized.
We don't know that, things may remain as they are for very long time but at least market is somehow stabilized.
Yes, it is not get rich quick scheme whoever thinks it is, has nothing to do in this industry and should leave.

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March 12, 2019, 09:01:06 PM
 #698

At the moment I remain absolutely confident that the cryptocurrency is not a scheme for rapid enrichment.
After the decline of the market in 2018, the long-term holder is now making a profit.
After the restoration of the market, which may not be soon, these people will be able to enrich themselves.

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March 12, 2019, 09:05:50 PM
 #699

As with any field of activity, cryptocurrency is a very difficult area in which it is necessary to understand and study and those people who come to make quick money often lose all their investments and then complain that it is impossible to earn in this area.
only lucky people are suddenly rich because sometimes even though we have mastered it but the condition makes us unable to do much.
so we really have to throw away our thoughts if crypto is a rich quick scheme because in this field there are many things that can prevent us from getting rich.
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March 12, 2019, 09:06:33 PM
 #700

A much more successful strategy for thinking will be the understanding that you can make money in the crypto market, but this requires a lot of effort. There is also a chance to get rich quickly, but this is usually an accident.


It is important not only to understand that the market is full of opportunities for earnings, but also the courage to take advantage of these opportunities, because most of them involve the risk of loss.

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