Crypto is not a get rich quick scheme

[ATSgrowth]

This is very important to realize before the next bull run. The crash was caused by people who were greedy and unexperienced in crypto. These people wanted quick profits and when these profits didn´t come, they caused a panic.

[Stargazer]

I am a forever crypto supporter, I am involved in crypto since 2013! But trust me, After losing 87% of my fund, I feel sorry and I am sure I would not make such money again very soon. You would suggest me to hodl until BTC price grows? Yes, I am good at it. but many of my holding coins are dead and scam, where their price was 1-1.5 USD in the bull run! Crypto is not a get rich quick scheme, I agree with it. But from 20K USD to 3300 USD, it was totally unexpectable for most of the true supports too! But we believe everything will be alright, the market is doing well and growing gradually, this is a good fact.

[BartS]

People who think and believe that cryptocurrency is a get rich quick scheme do not really understand the main concept behind the introduction and development of cryptocurrency. Cryptocurrency is just the digital form of physical money but with this, transactions are made simple, easier and faster with a low fees charged. But due to the value of some of the crypto coin, people invest in them to some amount of profit when its market price increases....  

Most people do not really understand what bitcoin is about, they see bitcoin as a weird form of currency and they do not understand why something like bitcoin exist when there is already fiat in place but what they do not get is that once in a while their fiat currency will fail and in some extreme cases disappears and when that happens those holding fiat lose everything and that is not something that you need to worry about if you are holding bitcoin.

[odukoyaewatomi27]

Most people mistake cryptocurrency for a get rich quick scheme, though like every other hustle it can make you rich but it doesn't come over night and without work. You have to work for everything and also be willing to persevere. The veterans in the market are aware of this but only the weak ones are complaining.

[mrdeposit]

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.

Seeing Cryptocurrency as a way of being rich looks like starting trade with loss. This psychological aspect will always in your mind, and some loss leads to unnecessary movements. Just pretend you lost them.

[mangsitin]

I think Crypto does have the potential to get rich quick overnight, but it's all needed thinking and hard work, because proper research is needed to analyze prices in that market, so Crypto is a real job, not a get rich quick scheme.

[lobo13hf]

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.

Those are not following crypto from when it was worth a few penny don't know about how crypto has created a very great progress. Must of people are only taking ATH as their main indication to determine the position of crypto itself.

[blokklanc]

You are right, the market has it`s own cycles and that has nothing to do with yearly split. Bearish market
is a normal situation of the market  we have to learn how to deal with it .

[coinluisa]

That's true crypto is not quick scheme that you will get a easy money. If you want to invest in crypto you need a lot of patience and also we need to understand everything we do in crypto. It's not just you put your money and we do nothing it's not like that.

[salad daging]

I also feel the same way, maybe because I have experienced things like this a few times so I am not afraid of the future of the market because in my experience, the market will recover after falling and I am sure that will also happen again this year
I don't know why there are so many people who say that this is the end of crypto even though they know that crypto is becoming increasingly popular and of course the fact is very opposite to "the end of crypto"

[akram143]

Your topic is absolutely true in most of the time cryptocurrency will not give the huge income for anyone to get the profit and to be rich in very short period of time so this will be the way of money making not the way of Getting Rich for being richest person you need to be work more intelligent with a smart thoughts.

[karungbitcoin]

Crypto can be become solution to change our life better in short times but we should have strategy and risk management. There are only 2 trend of this market, that is bearish and bullish and this always changed all the times, so we should be make invest in to crypto when the price cheap and wait patient for bull market, in bull market very possible to make profit 10 to 20 times just in afew month and this return will change our financial.

[sempak]

Agree, when indeed people want to get rich quickly with cryptocurrency it is wrong because there are so many risks here and if we are wrong, we will get a loss, many people are easily trusted with the hyip model with the bitcoin method as payment

[jvper]

It is actually easier to get poor than to get rich in crypto. Caution is needed.

[Cat Coin]

During the period of excitement, when the price of bitcoin artificially increased, many came to the investment market for fast money. Now there are professionals and optimists. Investing is a long thought-out process. We have a great future in this market. Must learn.

[@baoli]

Yes it is not but relative. I have seen friends make so much money from crypto that you did be surprise. The exciting part is that they were introduced just 2 weeks around the bull run of 2017/2018 a friend made 56k$ with 1k$ in just over one month. That money was enough to start off a very good business.

[onecall123]

During the period of excitement, when the price of bitcoin artificially increased, many came to the investment market for fast money. Now there are professionals and optimists. Investing is a long thought-out process. We have a great future in this market. Must learn.

Well, everybody has their very own considerations, yet accept or not crypto is still exist and long approach, it will take time and which make a decent opportunity to believers and holders. You bought crypto on very high price, however at this point again you get an opportunity to buy it again to reduce your losses.

[zidanw]

There is no shortcut in any investment, high risk and high profit is what you are looking for if you want an investment with quick profits but also understand the risks that you will get in the investment scheme.

[agusiska]

yes absolutelly right, but in fact crypto was long term investment, if you want get rich quickly through crypto, you will be end of get poor quickly.

[rencong bitcoin]

I really agree with you, only people who are not ready for the crypto world will say that Crypto is dead, they only see the negative side of the crypto world, but they forget the history, I think the conditions are still quite stable, we can not only compare the conditions of bitcoin from the beginning of 2018, but look at the whole history.