Crypto is not a get rich quick scheme

[Turkish88]

Sad, but many of us already understand it in 2018.
This topic was helpfull in the end of 2017 year, when peoples was crazy in this field

[Clearstream]

many people joined the encryption, after they heard about some quick get rich stories, at 2018. in fact, those who become rich are not getting rich quickly. they may have been able to hoard bitcoin long ago. If u want to get rich by encryption. u may need enough patience.

[eddiies]

If you want to invest in cryptocurrency. You can't invest all your money. you may lose all.You need to take out your spare funds to invest in it.So maybe you will gain something.

[fakegurutu]

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?

yeah we know of this already but once you hit a jackpot like theres a sudden pump happening then im gonna tell you, its gonna be a lambo time, but of course this will only sometimes comes once in a thousand but still its a worthwhile to try to become rich in just one strike.

[fakegurutu]

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?

yeah we know of this already but once you hit a jackpot like theres a sudden pump happening then im gonna tell you, its gonna be a lambo time, but of course this will only sometimes comes once in a thousand but still its a worthwhile to try to become rich in just one strike.

[StatesManG]

That's a truefact. Many saw cryptocurrency as a get rich quick business and hopped in and now became disappointed. I love the face that the Bull run never happened last season so that it can take many unaware.

[cryptogeek101]

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?

I think you might be making a good point here, cryptocurrency business is not a hit and run business,it involves the development of crypto projects that must pass through certain developmental stages to come to maturity,so it needs a lot of patience to succeed,so profit is a functions of the performance of the cryptocurrency in the market.

[adamvp]

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.

I can agree with your last sentence.
But for many of us crypto was an unimaginably  profitable in 2017/2018.
Many people there are talking we have a bottom now, but they have forgoten that only severel months ago the valuation was several orders of magnitude lower.
And bitcoin price over 1000 usd was a dream!
I'm not sure we are close to the bottom at all.

[vanya.pronin.1983]

Patience is the only key to success, especially on the falling market. Just stay calm and hold your crypto currencies guys, the end of the falling market is near and we would finally see the next bullish wave pretty soon.

[YinShuiSiYuan]

many people joined the encryption, after they heard about some quick get rich stories, at 2018. in fact, those who become rich are not getting rich quickly. they may have been able to hoard bitcoin long ago. If u want to get rich by encryption. u may need enough patience.

You can not earn easily and quickly no matter what you do. You have to devote a lot of time and effort to achieve a satisfactory result. Unless someone has a lot of luck and will win the lottery. Most people who invest in and count on quick profits will most likely lose money.

[whirlcoin]

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.

Entering into this field with lots of ambitions will not be work very quickly in this field and it will not able to make easier because most of the people who are getting richer from this field will be getting luck from their time so Bitcoin and other cryptocurrency will be profitable but not so much higher to make you rich in short period.

[Genemind]

I believe that crypto is not a shortcut to success of getting rich but rather a platform to get a profitable investment. We all know that nothing is stable and nothing is permanent here and everything needs hard work and patience.

[GREENch]

Now in the crypto industry there has come a period of calm, many are indignant only because they can no longer earn without labor, as it was in December 2018 and January 2019. Now we have to analyze a lot and carefully choose the project to get a small profit.

[[btc]YSG]

Exactly that's very correct, Crypto is not a guaranteed way to get rich quick, This is the misconception that allow of new investors have and they need to be educated on to prevent them from severe loss.

[MOProgress]

This is one among the good ideas I have ever had, but unfortunately most persons think it is a get rich quick schme, so if it doesnt turn out that wat, they get disappointed.

[Freddie Aguiluz]

In reality - you can actually get rich from cryptocurrencies, but you need to put in plenty of work [and i mean PLENTY], and some luck on your side.
The most realistic way of making millions with cryptocurrency is trading. However, before you choose some cryptocurrencies to trade, it’s advisable to do a thorough research first [coin supply details, its current and future development plans, its performance within cryptocurrency community, and a lot more] or participate in some crypto seminars/forums, which will give you the inside track on the latest news and market trends. Next is to choose a reliable, safe and dependable online trading platform. Choosing a reliable platform also helps to keep you up to date with any changes in cryptocurrencies, and to know the best times to maximize your earnings.
Trading cryptocurrency is risky due to fluctuating price, but with the volatility - there exists an opportunity.

[CryptoToxicAvenger]

Everyone should understand that earning on cryptocurrency is not as easy as it seems. That is why from year to year a large number of people join crypto and many of them soon leave, because they thought that they would earn millions, but this was not the case.

[zhengqi]

Just a when they read information about crypto, they find stories of people who managed to get rich using it. Naturally they want also, but they do not understand that these people were just at the right time in the right place. It used to be much easier to make money on crypto than it is now. Now we need to put more effort into this.

[daly896]

Definitely! But sometimes you can gain a lot of money simply being in a right place . It is true, you can become rich guy within a few days, it is about luck!
So I suggest you to take care about your knowledges and start seeking opportunities

[Dacosta Osei-Tutu]

They always post on this forum that crypto is dying, yet crypto seems to be alive every new day. Investment is a game; you either win or lose. There are others who are still making profit from this bear market so one cannot base on only his lost and say crypto is dead.