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Author Topic: Crypto is not a get rich quick scheme  (Read 23348 times)
mangsitin
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December 20, 2018, 10:01:40 AM
 #241

Yes, it takes great patience if we want to succeed in Cryptocurrency, because Crypto is difficult to predict where the direction of price movements will occur, all of which require very long learning to find out how to make profits in the Crypto.
Maamejane
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December 20, 2018, 10:10:29 AM
 #242

It doesn't happen anywhere that you wake up and your monies has yielded over 100% but many people come into crypto and they think they will double or triple their monies so soon. Although it could happen  lets not create that perception always since it doesn't always work that way. Patience is the ultimate thing here.

jemarie20
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December 20, 2018, 10:10:49 AM
 #243

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.

Yes i agree in that statement because we need to set a plan to have a better future and here in the crypto we need to make a plan also to have a successful journey as one of the crypto users, buying a lot of good coins when the market is not good is an intelligent decision because in that way you can make more money. and you are planing to have a successful living as crypto investors.

katerinaliisa
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December 20, 2018, 10:26:12 AM
 #244

You're not alone. I don't know what all this panic is about. The market decline that we are seeing now is temporary. How long it will last is unknown, because the market is very unpredictable. But we have to wait. I also buy coins now, as long as their price is very attractive.

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CryptoRama
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December 20, 2018, 10:27:07 AM
 #245

My thought is, you get as much money as you are entitled to.. So, without work, no money. The more you work the more money... well That is what I learned from life, I don't know about you guys... So the other thing is, what work you do? legit or no? If it's not legit, then usually there is a lot of money. But I would not go there. And cryptoworld is no fun time for a person. I'm not talking just about scammers/hackers you encounter, but also the lies that are on internet, that I see about some coins, etc. Searching internet for the right stuff I need for crypto has gone from good to bad. My friend warned me, to not to cry when I'll lose 80-90% in crypto assets, so I sold some, but next time I will sell everything.

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December 20, 2018, 10:35:47 AM
 #246

Cryptocurrency is definitely not a get rich quick scheme. However, we still need more people in this space to believe in cryptocurrency and saw invest in project they can believe in.  As crytocurrency grows, the crytocurrency culture and ideals will get established!

Georgiyk
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December 20, 2018, 01:33:59 PM
 #247

To be honest, when I came to the crypto, I also saw in it the subject of enrichment. But 2018 showed the opposite. Despite the darkness, I'm not going to leave the world of the crypto. During this year, I expanded my horizons and began to look wider and think globally. Crypto is a step into the future. The development of blockchain technology has already led to a number of significant evolutionary changes in the field of investment, and in the future it is very likely that the results will improve.


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plvbob0070
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December 20, 2018, 02:01:30 PM
 #248

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?Huh

There is no really a thing that will provide a person an easy way to acquire money. But there are fortune, these fortune is what makes the cryptocurrency different. People may be fortunate because of time and chances.
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December 20, 2018, 02:18:39 PM
 #249

Cryptography in the first place is a hard permanent job, and only then it is a way of enrichment. But you must understand that in addition to enrichment, you can lose everything invested.
TWW
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December 20, 2018, 02:23:36 PM
 #250

of course nothing can get rich quickly from crypto. if there are some people who get a big profit in a short amount of time it is definitely luck that nobody can get on purpose. crypto is a process, if we want to get wealth from crypto we must be patient, because everything is not instant.
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December 20, 2018, 02:30:46 PM
 #251

many people are too panicked to see the current market conditions, and think that crypto has ended, we must change the mindset that crypto promises wealth instantly, because in reality it requires knowledge and experience and hard work to be successful in crypto

crzybilly
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December 20, 2018, 04:15:22 PM
 #252

I am on your side and truly believe that only those people who are able to hold for several years would reach something in this industry. People that are here for fast profit have already quitted the market for a long time.
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December 20, 2018, 04:24:38 PM
 #253

Indeed I totally agree with you , there is lot of discussion about the pricing of the coins ,as per your statement percntage of the price rise was 1000% and lost only six hundred percentage means the prices are still inflated and correction is bound to happen ,after all crypto is a currency not a money growing maching .

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wanted sliter
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December 20, 2018, 05:04:42 PM
 #254

totally agree!
the more you guys want to get rich from this market, the more money you lost for it!
most of people join this but had no knowledge about blockchain, how market operate....

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NLO
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December 20, 2018, 09:31:31 PM
 #255

Cryptography in the first place is a hard permanent job, and only then it is a way of enrichment. But you must understand that in addition to enrichment, you can lose everything invested.
You should never invest all the money in the which you don't know very well. It's risky.

HichemFetoui
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December 20, 2018, 09:32:58 PM
 #256

sure and punish everyone think that crypto is like that as you see a lot of newbie lost money in 2018 long term is the key in this market you need to trust your holding Smiley
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December 21, 2018, 09:55:11 PM
 #257

It is this fast-growing mentality that has caused crypto to lose this year, too many speculators are flooding into the market, and everyone is trying to get a slice of it from this market. But the cake is limited,the people who can get the cake are a minority, and more people are dead.
Even if the year of 2017 was very good in terms of growth and profits, that year was terrible in the sense that people got entitled, they thought they could buy any coin and make profits without any effort, but the truth is you need to analyze the markets in order to tell when it is the best time to buy and many of those that earned money during those months did not developed that discipline and now they complain they cannot get profits as easily as before.

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December 21, 2018, 11:52:54 PM
 #258

sure and punish everyone think that crypto is like that as you see a lot of newbie lost money in 2018 long term is the key in this market you need to trust your holding Smiley
We're not on 2010-2013 of crypto days anymore. During those days we can compare and say that its likely going to bring you riches in the future.
And those holders need to wait for more years before they can taste the sweetness of profit.
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January 02, 2019, 06:31:07 PM
 #259

I am also disappointed by the fact that more than half of all market participants considered cryptocurrency to be just a great way to get rich quickly. In fact, you can and should earn income here, but the crypto market has completely different goals.
MirclIX
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January 02, 2019, 07:12:17 PM
 #260

Cryptocurrencies are no longer a scheme for your rapid enrichment.
To make a profit from cryptocurrency you need to put a lot more time and effort than before.
A very important role is now played by your knowledge in this area as well as the ability to predict the ups and downs in the volatile cryptocurrency market.

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