Crypto is not a get rich quick scheme

[goodbuybitcoin]

The cryptocurrency market is very dynamic. I think that not everyone can earn big money in this market. We must be careful.

[Jrfranco]

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?

Crypto is a game of money and brain, for those who are doing the trading and using some efficient ideas, then this is for them, as what i have said in some other of my post, Dyor is an important thing, before investing, research and gather some news, before participating. Crypto is not for everyone, it is for those who are patiently doing some research.

[bangjoe]

I am worried but I am very confident that crypto will recover one day, it will even recover soon, and that is my biggest reason for staying in every situation
after all this is not the first time for me, I have experienced this kind of thing and in the end I can survive, also crypto which at that time many said crypto would die

[trofim21]

If you think globally, cryptocurrency and blockchain technologies should really change the world for the better, but it takes time, and as long as people try to make money on it, as long as there is such an opportunity

[carrigan]

I'm sure that many people feel the same as you, worried, panic, and also not trust again in crypto world. But, if you have entered in crypto, all decision right now will require the risk, depending on how you think and consider. Stopping o continue will affect the risks. But your decision will determine your future. I believe in this crypto that will make many profits for me, but nor for now, it is fir my future investment. Today, I should only work and invest and will harvest in the future, probably after a year or more.

[newdevices]

You should always be patient to achieve your goals and the same principles are working here. You cannot just invest in some coin and become a millionaire within the next several days. You need to analyse your decisions and be patient.

that's true because ICO requires a lot of steps and projects, they need a lot of time to develop the concepts they have, so we have to be patient because when the project is successful then at that time the coin price gets higher, even though there are some that can directly benefit the market but there is little ICO like that and that only happens when the market conditions are good

[Burogh]

I am agree that cryptocurrency investment is not shortcut to rich. Like others investment, if we hold cryptocurrency as our investment, we should patient and not panic with market condition. Long term strategy is good option because time will pay us better

[elenka n]

You are far from alone, I agree that the market looks pretty good, it just shows now not exactly the results that we would like!

[sakuragi21]

If I ask me i should say  no and not enough to earn money here in cryptocurrency especially in the crypto market situation. If you are a small time investors or you are a bounty hunter it will be long before you earn a huge amount of money.

[Marble777]

Crypto technology is used to make transactions easier, and from there we can also get some advantages and conveniences, but of course crypto is not a tool to enrich yourself easily.
they must be very lazy if they think crypto is a tool to enrich themselves in an easy way.

[Gagah119]

I think it depends on the state of the exchange, if the exchange like the year 2017 Crypto can be an alternative to a person to be rich quickly, but if the exchange is like this, it will be difficult to earn income and the thing that needs to be considered is that the price of Crypto is very difficult to predict, it is careful.

[imstillthebest]

I think it depends on the state of the exchange, if the exchange like the year 2017 Crypto can be an alternative to a person to be rich quickly, but if the exchange is like this, it will be difficult to earn income and the thing that needs to be considered is that the price of Crypto is very difficult to predict, it is careful.

Agree .  2017 the best year for cryptos and anyone even a noob can possibly make a profit by just buying and selling  . it is really a quick scheme to get a profit but not to get rich because being rich will also need a lot of capital and a consistent income  which is not possible for crypto due to its high volatility  .

[jpnl0008]

The better understanding people get about crypto the better they have something to work with its true that people make money in crypto but it should not be paramount that is the first mistake people make and they easily get frustrated when their expectations do not happen it takes patience and a lot of hard work

[hellyah070]

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?

Not all I think is about it. I still hope that one day, all my hardwork here on crypto by joining bounties will going to merit huge reward that makes me prove that crypto is a speed rich mechanism for positive people.

[uralcryptocoin]

What does mean quick? Week? Month? or Several years?
Some cryptoprojects have a lot of potential. They can easily make x100-x1000.
In 2017 year there were enough examples of that.
So if quick means a year than crypto is a quick get rich scheme

[msbtrooper]

Form my experience in this crypto world, I can tell you that those that see cryptocurrency as a get rich quick scheme end up loosing because they hold on to coins waiting for the moment that it will give them fortunes. At the end they get disappointed. I really support your opinion

[Favouredhart]

I wish people would understand that crypto is not a get rich quick scheme like you do.
Crypto needs understanding, that is why it is important to read and understand what is involved, knowing that there will be bearish trend, at this time, you don't need to start creating panic but just wait or even invest and wait for the bullish trend.
Gradually wealth is buuilt not just immediately

[andra73]

Form my experience in this crypto world, I can tell you that those that see cryptocurrency as a get rich quick scheme end up loosing because they hold on to coins waiting for the moment that it will give them fortunes. At the end they get disappointed. I really support your opinion

you are right, many of them do not know most of the risks that can occur due to crypto properties. those who only hold the assets they have and wait, they will certainly be disappointed with the current market conditions that do not show good response. they have to think about how to reduce losses, otherwise they have to wait for an unspecified time.

[Google+]

cryptocurrency is only a digital currency and as a means of payment that you can use to trade or make payments from something you buy, whereas if you want to become rich from cryptocurrency you will only be able to take advantage of the price movements that occur in cryptocurrency.

[romero121]

Well said, crypto is not an asset to get rich. Crypto is being used as an source to make themselves rich. Once it is an opportunity to make themselves rich. In recent days the long term hodlers and the early adopters were the one that had become rich through crypto. Same as that crypto is a way to loss big if one hasn't got good knowledge about the same.