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Author Topic: Crypto is not a get rich quick scheme  (Read 23347 times)
trash321
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January 19, 2019, 05:24:46 PM
 #361

As far as I remember, such a scheme worked before, but now it seems to me that most of the investors just forgot what cryptocurrency is and most likely just went into a long-term HODL
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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January 19, 2019, 05:26:10 PM
 #362

Of course not a get rich scheme. It is like venture capital. Venture capitalists invest in innovation and wait for 7 years to mature, so this is just way too soon to consider selling crypto if you agree with me it should be comparable.
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January 20, 2019, 08:57:30 AM
 #363

My idea is that although the price of the altcoin in the hands has dropped a lot, I will not easily sell them, I will wait patiently for the opportunity.


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January 20, 2019, 09:18:16 AM
 #364

I think now you do not need to sell anything, but on the contrary you can also buy, and the most patient will eventually be rewarded.
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January 20, 2019, 09:46:35 AM
 #365

Quite right, now the time has come when you can’t earn money in the cryptocurrency sphere so quickly, because the market is only falling and there is no growth, before it was able to make a profit very quickly due to the fact that the market often grew.
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January 20, 2019, 09:57:33 AM
 #366

I think crypto is a scheme that makes us get rich quick, see how many people suddenly get rich through crypto even though before they never imagined crypto prices would rise very high. That is what is called patience and intelligence in using the opportunity to obtain wealth through crypto, but unfortunately many people are too ambitious without understanding crypto well, which is ultimately disappointed because of the failure to invest crypto with loss. Understand crypto well and understand how price movements occur, then look for the best opportunity to buy crypto and then be patient to wait for a while, then we will see the magic of crypto that can make many people suddenly rich.
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January 20, 2019, 10:00:53 AM
 #367

Crypto something's can be seen as a get rich quick Scheme, looking at an example the first bounty I did I joined few days to the end of it, and wrote 2 articles. Was fortunate to pass those 2 articles and I made over $900 just for those 2 articles so to me it's a get rich scheme or maybe I was just fortunate enough

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January 20, 2019, 10:29:28 AM
 #368

That's when the technology itself distributed registry comes in many areas of our physical life, then we can say that all this is not created for profit. For now I see only manipulations.
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January 20, 2019, 11:42:26 AM
 #369

Sincerely it is not. I have introduced crypto to 5 of my friends, two of them had left crypto. I introduced bounty hunting to them and some light investment. Those two did bounties for 3 months without getting anything, so they left, but the remaining three are now enjoying the reward of their patience now. Even in any business, things might not come as expected but when you see potentials in that biz you keep on enduring it and giving it your best.
Patience is the key in crypto!

What rewards do your friends who keep working take pleasure in? Bounty's died in the middle of the last year and is still in a coma. and take into account I write it from my experience!

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January 20, 2019, 12:03:49 PM
 #370

Crypto is not a get rich quick scheme, or any other scheme. Crypto are a variety of digital based assets. It is possible to get rich, as many have done already, if you buy at the right time and hold until the time is right to sell.

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January 20, 2019, 12:10:38 PM
 #371

Crypto is not a get rich quick scheme, or any other scheme. Crypto are a variety of digital based assets. It is possible to get rich, as many have done already, if you buy at the right time and hold until the time is right to sell.
It is misunderstood mostly by the newbies.

They see the success of the early investors and patient holders. And the thing that comes to their mind when they hear someone has 'crypto' they think that it will also make them rich. But the reality isn't that, they have a wrong feeling with it. They don't know that crypto is for strong hearts.



 

 

 

 

 

 


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January 20, 2019, 12:29:22 PM
 #372

Its not easy to say that when you are joining cryptos you may immediately get rich right away  , but if you are working so hard and well manage your investment , it will really gain good output for your investmets, so if you are in the world of cryptos it is right to say that it would really change one's life.

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January 20, 2019, 12:31:39 PM
 #373

My idea is that although the price of the altcoin in the hands has dropped a lot, I will not easily sell them, I will wait patiently for the opportunity.
yes I agree with you, wait until the price you want is reached even though it's not an important issue for your target. do not be easily provoked to sell it and follow your own will.
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January 20, 2019, 12:35:19 PM
 #374

Yes, indeed: crypto is not a get rich quick scheme,
crypto is get scammed for sure scheme    Wink
Sometimes it takes longer, sometimes sooner but I am afraid everyone in crypto was scammed (quitscam projects, hacked exchanges etc) or will be scammed at least once a lifetime. Sad to say Sad

I am looking for signature campaign Wink pm me
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January 20, 2019, 12:51:21 PM
 #375

Crypto is surely not a get rich quick scheme, but it is a good tool to make more money and improving your financial situation, in my opinion. If you have good knowledge about cryptocurrencies, and you are able to work hardly, there are so many profitable ways by dealing with cryptocurrencies.
Agree, it's never a scheme to get rich quick, it's just a tool and this tool will make our lives better, even richer as long as we spend a lot of time, being patient and working hard with it, and of course we also need certain knowledge and experience, and everything I say will take a long time to build and improve, it can not be fast. However, many people never understand this problem, they only hear rumors about crypto as a way to get rich quick, they hurry, lack patience and put too much money while knowledge is almost zero, that makes them lose a lot of money for crypto and become people that blame and hate crypto

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January 20, 2019, 02:12:05 PM
 #376

I agree with you. If you want to earn really big money and save them. You should invest on long-term. Only such investments can make a lot of money. If you earn easy money, you will lose them easily too.
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January 20, 2019, 02:34:05 PM
 #377

Thats right, Crypto is not a get rich quick scheme .
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January 20, 2019, 02:46:49 PM
 #378

I am agreed with you that crypto is not a get quick rich scheme but it can give handsome returns in long run to its investors as this technology is superb and had wide future in coming years.


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January 20, 2019, 02:59:08 PM
 #379

Someone rates this downfall as the end of the cryptocurrency or world. I think it is oppotrunity. If you have some savings in fiat - invest it in crypto! You will earn at least x2 this year.


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January 20, 2019, 03:04:47 PM
 #380

If the theme was created in 2017, it would have sounded different.  Grin
It is obvious that you cannot make money fast in a bear market. Perhaps only traders can benefit from the current situation.
I am not talking about long-term prospects.

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