Crypto is not a get rich quick scheme

[leetcoiner]

Cryptocurrency would rather make you poorer, because the majority will leave their money here and will regret for a long time.

in 2018, my experience showed just that. How could lose 70% of total capital. You need to be extremely careful in the cryptocurrency market.

[viananda2525]

cryptocurrency could make us rich and poor faster.this market really give us different opportunity for investors.but the think we have to understand was we could not instantly get much money from this market.we have to consider the risk too.

[Debonaire217]

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?

Well, to be honest I myself though I can be rich too quick by doing cryptocurrency business such as bounty hunt and trading, well I can say, its somehow depends on luck and performance of the market.

[bagikoin]

take a look at that correction made many people who hoped to become rich quick results leave without results. Crypto will not provide profit easily and if you don't have a business that is worth it. While many people just continue to hope the pumps and bull run, it will harm themselves because crypto is not always up and deliver results quickly.

[Mianae]

Most people come into the space with such mentality but that turns out to be wrong. But I don't blame anyone as it all looks rosy on the outside truth is known on the inside. During the moon and Lambo days, it was easy to get rich quick here but that's old news now.

[chairmanMao]

Getting rich quickly requires a lot of money, and the speed of getting rich is slow. Encrypted currencies can make investors rich and investors can go bankrupt. So this is a high risk industry, are you ready?

[Jpti]

If you would say this some three years ago, you would be wrong. But the time has changed with time as cryptocurrency is being considered just like stock market. It is becoming stable and strong with regulations in place. Yes only unwise people only keep complaining. But wise people are always on the look out for opportunities to reap benefits even when the market is down.

[Ociwiw]

I agree, now is not the right time to lose heart, just now you need to gather strength and continue to work!)

[CleverOracle]

In crypto space whatever happens in the market always open an opportunity for everyone whether it is bull or bear market, the important thing to remember is how you will react on this kind of situation. We often hear the method of "Buy Low & Sell High" which is totally true if you apply it on yourself.

[killat]

In 2019 crypto has changed a lot since late 2017 when people made money quite easily.

Overall market capital decreased a lot and only the best projects will survive. You need to have more knowledge about crypto, and do a lot of research before investing your money, otherwise you risk to see most of your funds lost.

[iMark]

cryptocurrency could make us rich and poor faster.this market really give us different opportunity for investors.but the think we have to understand was we could not instantly get much money from this market.we have to consider the risk too.

you're right, cryptocurrency provides an opportunity for everyone to be profitable or rich. and I think everyone has a different chance of getting big profits quickly or slowly. depending on the skills and knowledge they have, if they are expert and skilled they certainly have a method where they can make big profits in a short time

[Gabmot]

Humm! I think it's actually a simple truth which many have chosen to ignore.. So many thinks crpto is just an avenue to get rich at the expense of nothing. It's high time,  we all redress our mindset and see the reality that one has to work before he or she will eats.

[Outlander]

In 2018, the down market, I participated in several ICO projects, each of which made me lose a lot. Even so, I still won't give up.

[Ronaldcoin2017]

Yes crypto is not really a very simple ways to earn or to get profit. We have a different case in crypto, not all of  the crypto believer are becoming rich some of them are also loser, everything depends upon the situation and our patience. If we dont have enoughf patience in crypto we can also lose on it. So then i believe that we cannot easily get rich on crypto sometimes we need to have a big patience in order for us to survive on dip.

[tinystone26]

Yes it really was not easy to get rich in a quick scheme but I still think that there's always a good timing and holding our currency to get a chance of bigger earnings. That's why I also choose to hold for a long time my holding currency since I started investing to my favorite currency in the past year even I lose a big amount of my investments last year but still still hoping to increase again their value.

[Pline]

Exactly! In crypto currency you've got to think in a long term. Well, make 2 portfolios, one for a long term and another one- for short term- in this case you can get fast profit as well.
But since the beginning don't expect fast profit!

[pemantaubtt]

I agree with you, we can't continue to expect more than this, I think it's time for us to throw away fantasy like that. many people try to get rich from cryptocurrency and I think they are lazy people who don't want to work and are only looking for instant profits and now people like that have started to diminish now what is left is a true crypto lovers .

[vova.andreyan.94]

Not the only one.  I also think that the cryptocurrency market is undergoing a temporary recession, which may end soon!

[terrific]

Not the only one.  I also think that the cryptocurrency market is undergoing a temporary recession, which may end soon!

Sure it is a temporary correction and the market can be better again.
Not so quick for this year but it will be good again.
Crypto has been a good market to invest with but many think it's a rich quick scheme which shouldn't be.

[Kardon]

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?

The fact is that most people compare this market, for example, with 2017. During this period, it was possible really without making a huge effort to earn a significant amount of money, but when the market began to go down, people really began to lose a lot of money, not knowing how to behave on falling assets. Therefore, as of today's market, people dare to judge that cryptography has come to an end. I believe such a conclusion is absolutely meaningless.