Crypto is not a get rich quick scheme

[minus_one_crypto]

Cryptocurrency is a very unpredictable and dangerous asset. Not every person can earn big money in the world of cryptocurrency. We must be very careful.

[MOProgress]

I wish everyone can have this the same mentality, the problem is that some people feel it is get rich over night, but it does not work that way, just like every other business out there, crypto business needs Patience.

[yingfeng]

On cryptocurrencies, you can make money very quickly, or lose it. Investing in cryptocurrency has very big risks. Many investors forget this.

[adamvp]

At this time further drop is most likely, I think everyone considering to invest in cryptocurrency should be aware of it.
They should make due diligence before investing for sure!

[CuriousGeorge]

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

You can't get rich in over night through use a usual pump and dump, the only way to do that through put your money in the promising ico. that's possible to give you more than 6x from your initial investment.

[DainSLane]

If you are a good trader maybe you will get rich quick within 24 hours but you maybe taking the high risk for that matter, for me if i want to get rich with minimal risk i would go in long term investment we can only encounter low risk of it.

[Kiefner]

For some people, cryptocurrencies have become just the same scheme for quick enrichment, but now cryptocurrencies are only a tool for earning, and you should be able to trade well to earn.

[EastSound]

For some people, cryptocurrencies have become just the same scheme for quick enrichment, but now cryptocurrencies are only a tool for earning, and you should be able to trade well to earn.

In reality it is and most of us love it. Trading isnt the only way to earn though

[mrdeposit]

For some people, cryptocurrencies have become just the same scheme for quick enrichment, but now cryptocurrencies are only a tool for earning, and you should be able to trade well to earn.

Most people see crypto as a means to get rich faster. But to understand this, it was enough to get the BTC from the expensive price, there have been many falls in the last year.
The only reason people turn to the crypto is the volatile price. While playing with pips in others, 5-10 times price increase is possible in here.

[ringgo96]

I agree, when everyone wants to get rich quick but the thing that happens now is we ourselves must be patient to be able to benefit from the cryptocurrency market, all need processes and can not be fast

[Cherylstar86]

For some people, cryptocurrencies have become just the same scheme for quick enrichment, but now cryptocurrencies are only a tool for earning, and you should be able to trade well to earn.

Most people see crypto as a means to get rich faster. But to understand this, it was enough to get the BTC from the expensive price, there have been many falls in the last year.
The only reason people turn to the crypto is the volatile price. While playing with pips in others, 5-10 times price increase is possible in here.

The flourishing industry of crypto attracted a lot of people and they see it as a fast way of making money. In contrary, with so much excitement to earn and taking advantage of its great influence and potential, they forget the real essence on how to effectively earn. Many of them know little about the asset they invested in and no research conducted before buying. This technology may not be well understood by consumers and thought that quick money is easy to earn. Crypto opens great opportunities and can potentially change quality of life, but it doesn't happen overnight and it will never be easy. The road to richness is not served on a silver platter, so be prepared and be brave to face failures but don't lose faith. There's no such thing as easy money, it takes patience, self-discipline, focus, strong will, and commitment.

[waynechong1995]

Well surely it does against traditional way of trading or businesses, so far crypto has the best reward at least for now, yes some crypto might die off over years even those with millions of marketcap over the years, but some would really outperform insanely as there's no limit of how much cash that could flow in when there's hype

[kolitski]

That is right crypto is not easy to get quick rich as you dreming of, when you are trader or investors anytime you will might loss you capital or sometimes you will get success here in cryptocurrency.

[terrific]

For some people, cryptocurrencies have become just the same scheme for quick enrichment, but now cryptocurrencies are only a tool for earning, and you should be able to trade well to earn.

Don't boycott the use of crypto's as payment.
Yes, mostly these crypto's (altcoins) are tools for trading.
Because most of them sees it that way due to they don't have use case except for trading.

[LUCKMCFLY]

Actually I do not only see Crypto as a job, it's a business opportunity every day, sometimes I trade, I participate in some projects, I think that people who see Crypto to get rich, do not understand this world very well, since it is not something simple.

The fact of trading requires reading many books, following news, following the possible movements of the market, to see how you can make a profit, if the focus is on speculation or investment.

Crypto is very broad, many go the way of ICOs, others look for more Airdrops, others just look for gambling. But looking to get rich easily without effort, I think it does not apply in crypto or in any activity. There is a book that I recommend reading, called "We want you to be rich", Kim Kiyosaki and Donald Trump, is a book that teaches how you can look for the focus in your life, how financial education can guide you to success taking good decisions, that book is very good to apply to Crypto, because at every moment we are making decisions that can lead to success.

[judeafante]

It's not really a get rich scheme if you bought a token n their ICO stage you will have to wait 5 months to finish the ICO and another 3 to  7 months to stabilize the price of the coin, sometimes it takes a year or two to make 100% profit,.

[Loedong]

yes crypto is not a get rich quick scheme, of course everything has its own stages and not as we imagined. I mean crypto is indeed profitable but when the market is really in good condition in the sense that the price of coins has increased. I think crypto is very unique, profitable but also risky.

[Ozero]

A lot of people misunderstand this and as a result they get disappointed. Many people had the conception that crypto is all about getting rich quick but when dawn on them they get disappointed.

Cryptocurrency can be considered one of the types of business, and any business should be approached seriously and with preliminary preparation. Cryptocurrency can not be considered a quick enrichment scheme. Doing it can make a profit, and may deprive the invested funds. Cryptocurrency does not create material values, but only redistributes them. Therefore, there is almost equally profit and suffer losses. This should always be considered.

[Rtalk]

All these conjectures about the fact that the cryptocurrency can be easily earned began with the moment when the market was actively growing. Even then the scam-projects was growing up, people made a lots of money involved in bounty,in ICO and just investing.
Now the situation has changed dramatically.Free cheese only in a mousetrap.
Cryptocurrency and like any financial instrument requires some knowledge and effort.

[ekim88]

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. 

These are their problems. In fact, many of them came to cryptocurrency to make money quickly, especially not understanding what's what. I myself have a lot to learn in this topic, but I am enraged by incompetent people who think that someone owes them something.