Crypto is not a get rich quick scheme

[arwani1985]

I agree with you because the process here is also quite long, many people want to quickly benefit from cryptocurrency but it really takes time to get it, it can't be fast

[Sacramentus]

This matter has been deliberated on on several occasions where many newbie and money driven souls think they can hop into crypto and pull a quick cash and become rich in a sec. They forgot they live in a world of certainties and Uncertainties. Alas they became disappointed after the last market crash and they feel disappointed and left

[rezakurnia66]

I agree, but now the crypto world probably has many who know and many feel the results that have been obtained so many people think that cryptocurrency is a quick way to get rich, if you want to get rich with cryptocurrency for now you have to be patient because prices aren't like the beginning

[manfredmann]

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?

HOw come many are complaining about its market price huge fall down? I know that cryptocurrency is not all about earning a fast and easy money but since most of the users here are after money then it could also encourage others to be the same. Once market price fall of them will just sell their holdings and that is what you meant as weak hands.

[profitgenerator212]

A lot of individuals heard about Crypto and Bitcoin in 2017 and rushed in. Bitcoin prices skyrocketed to over 20k usd but alas when the market retraced, the newbies jittered, developed weak hands and dumped their coins. Many have left the crypto sphere after the disappointment. I urge newbies to always read vast on any investment choice they are about to make in crypto because, its indeed not a get rich quick scheme

[integrity42]

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.

If a man wants to get rich quickly in cryptocurrency, it's like playing the lottery. But to invest in the long term, you also need to apply some knowledge.

[dawai asmara]

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.

If a man wants to get rich quickly in cryptocurrency, it's like playing the lottery. But to invest in the long term, you also need to apply some knowledge.

because lotteries and investments are indeed very different even though they look the same.
in investment we must know the ins and outs of the project or the coins that we will make investments and also estimate and weigh everything.
we also have to be patient in order to make a profit and that is different from the lottery that only relies on luck.

[aioc]

I'm one with you I'm taking advantages of getting as much as many top altcoins in the market, cryptocurrency is not a get rich quick scheme, in fact the temptation is very high to sell whenever there is a price increase of the coins you are holding, you need patient and great control of yourself to sell at the right time.

[kangkilokang]

I'm one with you I'm taking advantages of getting as much as many top altcoins in the market, cryptocurrency is not a get rich quick scheme, in fact the temptation is very high to sell whenever there is a price increase of the coins you are holding, you need patient and great control of yourself to sell at the right time.

Imagine not as good as reality, to get results from Cryptocurrency we need the process and struggle to get it so it is not easy.
It takes patience because to get results we have to be patient because it's not as fast as imagined to get results.
maybe many of them are rich with Cryptocurrency, but they have struggled so hard that they can make a lot of money.

[demonz666]

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?

yes I agree with you. crypto is not a get rich quick scheme by hoping that crypto prices will always increase every year. crypto is an alternative financial system that can also be used as an investment tool. and every investment tool always experiences increases and decreases. so we have to be wise in investing to keep calm and be patient when the crypto market is down as it is now.

[Darker45]

Actually, crypto used to be that. As a matter of fact, the growth of crypto used to be the fastest way to get rich. You invest in forex, stocks, bonds, real estate, and what have you. They all grow slow as compared to crypto years earlier. Crypto could easily give you a double in your investment in a few months time. However, that is not happening every single day. There are bearish seasons as well. During which, patiently HODLing is the key. And especially in the previous year until now, the bearish season is unbelievably long. Those who are weak will definitely give up.

[maximumcoin]

In the periof of FOMO everywhere, quick rich is abundantly everywhere too.
It's possible to get fast rick in the fomo-period of crypto market, but unfortunately it does not happen too often.
some years for each time like this.

[Choyor]

Everyone of course has a different definition of crypto. If we want to be fast with crypto, we can trade, that is by buying at a cheap price and then selling it when the price rises and reaches the target we want. While if we use this technology as a means of our investment, we will hold it for a long time. The conclusion is that all depends on the Bitcoin user itself how he has enabled this technology.

[Impaler]

Yep. But many people in this market think that this whole market is just made by profits. Mainly newcomers came to this ecosystem and they think that they will invest and get reach overnight. They don't know about the market and start inventing. In this market the money is not the main thing. The knowledge about the market and ecosystem is more important than money. So newcomers who think that this market is only made by profit don't come over that and get some knowledge.

[dance2009]

Such posts as" cryptocurrency died " and so on, were a year ago and a few years ago. My opinion on this is that these posts are multiplying panic among the community and the price is falling. I am to this kind of posts as to spam and not more.

[JuanPaulo]

Now on cryptocurrency to make money quickly a lot of money is very difficult. You must be very lucky that it is your coin that greatly increased in value. In the cryptocurrency market, much depends on luck, so it’s impossible to foresee everything.

[Okity21]

Now it is very difficult to get rich thanks to investing in cryptocurrencies in the cryptocurrency market.
This does not mean that it is not possible.
The cryptocurrency market is very volatile and it is sometimes difficult to predict its manifestations.
I am sure that if you invest in promising long-term coins you will achieve success.

[travwill]

In order to truly become rich overnight, either insider information, or incredible luck, or a deal with the devil is necessary.

[premiumproductss]

Still there are a lot of coins that are classic pump and dump scheme. For example one of the biggest one - Bytecoin, every mainnet pumped this coin to the moon and after that big dump back.

[10BTCaDay]

Still there are a lot of coins that are classic pump and dump scheme. For example one of the biggest one - Bytecoin, every mainnet pumped this coin to the moon and after that big dump back.

There are a lot of such coins. I would say that there are hundreds of such coins. even in the top 100 coins that use the pump & dump scheme there are a lot