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Author Topic: Is Crypto A Way To become Rich / Millionaire ?  (Read 15785 times)
richminded
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December 31, 2018, 10:40:18 PM
 #41

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?
Its more on solving our financial problems but the result is quiet different, it gives good technology in terms of improving our financial system but since its value go beyond our expectation we can become a millionaire through this market. Its not easy to become millionaire, we can’t do it in just a nigh it still require a lot of hard work and patience.
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December 31, 2018, 10:45:54 PM
 #42

I think that Satoshi did not plan to create Bitcoin in order to solve the problems of poverty. His only goal was to create something new and unique.
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December 31, 2018, 11:22:56 PM
 #43

Crypto can indeed help someone change the economy for the better. And crypto can indeed make someone compelled to become rich. But for me personally, this is indeed difficult to achieve because it requires great ability and capital.

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January 01, 2019, 02:03:03 AM
 #44

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?

In opinion Bitcoin created it for both because the supply is very limited the guy holding the most can control the price, and this is what actually happens now, and about financial transactions, it is not yet fully adopted but in the near future it will.
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January 01, 2019, 02:55:04 AM
 #45

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?

Bitcoin created to make our transaction more easier and cheaper. Bitcoin dont need third party like banks for our transaction. But bitcoin is a store of value too and people can invest and gain profits from it. I think its not an easy way to be richer but its to maintain our asset value

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January 01, 2019, 03:00:26 AM
 #46

For thus who are early investor I can say yes because they are now rich and crypto has more that it can offer to us and it can change the way of our payment system.

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January 01, 2019, 03:09:39 AM
 #47

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?

Bitcoin created to make our transaction more easier and cheaper. Bitcoin dont need third party like banks for our transaction. But bitcoin is a store of value too and people can invest and gain profits from it. I think its not an easy way to be richer but its to maintain our asset value
Bitcoin cannot make you rich at this time because the value of Bitcoin has been greatly reduced in the past. I think maintaining assets in this market is very risky because external concerns will make your assets more vulnerable. I personally believe that this market should only invest and should not keep many assets in this market
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January 01, 2019, 03:20:21 AM
 #48

Crypto can indeed help someone change the economy for the better.

Crypto has made the economy improve in terms of transactions. but to make someone rich, it's only a lucky factor that plays a role. If that person doesn't use crypto techniques, it will only make things worse.

But for me personally, this is indeed difficult to achieve because it requires great ability and capital.

That means you have to get rich earlier before you start using cryptocurrencies..

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coin-investor
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January 01, 2019, 03:33:14 AM
 #49

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?

If you know how to play this game right you can make money here, people are treating Cryptocurrency investment as a get rich quick because so many people made money here, these people just got in the right time and got out at the right time also, it's about timing when you got it and exit.

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January 01, 2019, 03:58:55 AM
 #50

It is to solve the financial issue and that is written in his whitepaper.

It was never really about the money or becoming rich.
Look, it just changed when there is a lot of posts about investing a little and making profit 10 fold. Started with ICOs actually.

Then here we are now. Full of scams and just fake ICOs to create money and not really about solving the problems in our payment systems.

Now, there are more people who want money than making a change.
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January 01, 2019, 04:13:50 AM
 #51

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?

Why not read his white paper? Though people nowadays are using bitcoin to support their daily living, it is not the only usage of it. Bitcoin's potential is far more better if we can discover it through many uses like ATM machine, government salary, voting systems etc.

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January 01, 2019, 10:58:14 AM
 #52

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?

I think Satoshi created bitcoin for solving financial transaction problems but also resolve poverty issues for the individual. I believe that in every job we did, we can become rich but it depends how good we do that jobs, and it's also for the crypto. But unfortunately, many people do think the crypto is a fast way to become rich because they only need to invest their money and then wait for few days, and voila, they make a lot of money and become rich. It's not like that, and they need to change their mindset, the crypto will give you money but only if you do something related to the crypto.

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January 01, 2019, 11:02:34 AM
 #53

I will not deceive anyone - I am in cryptocurrency to earn money, because it is a promising technology! I do not deny that it is useful and can turn the whole world upside down, but I don’t put deep meanings in it!

[
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January 01, 2019, 11:31:58 AM
 #54

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?

Of course satoshi didn't create bitcoin to solve poverty if so why poverty still exist and how do actually bitcoin eliminates poverty using bitcoin?

Well I think satoshi created bitcoin in order to have an anonymous transaction where everyone are free to make transactions anonymously and secured.

I may say that no... crypto industry is very volatile we're not sure what will happen to the next few months or weeks investing to crypto is like a gambling.

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January 01, 2019, 11:32:49 AM
 #55

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?
Cryptocurrency was not created to solve the problem of poverty or as a system of rapid enrichment of individuals. It was created only as an alternative system to the existing payment systems, so as not to depend on the states and their structures.
Cryptocurrency can not solve any social problems. She after all does not create material values, she only redistributes them.

And yet, in a sense, the cryptocurrency solved such a social problem as unemployment. Since many have found a job here, when there were no other alternatives.
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January 01, 2019, 11:39:29 AM
 #56

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!
Is crypto  a get rich quick scheme as people are putting their  mindset into  it  ?

Hey Bitcoins was not created to solve poverty, rather it was created as a decentralised store value as Satoshi was frustrated with the existing payment system prevailing back then. I would say yes and no to it becoming a way to become a millionaire, e.g. if you see Rapper 50 cents earned millions by investing in bitcoins back then. However many even lost their money when they brought at 20k and sold for losses, bitcoins can make you rich or poor but it depends on how you use it.
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January 01, 2019, 11:39:43 AM
 #57

If you are a beginner then yiu should only invest a small amount of your money first. If you think you are well and knowledgeable enough when it comes to trading digital currency then that is the right you will invest large amount of your money. Do not put it all in crypto. Try doing business as in physical business so that you still have declared assets snd investment.

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January 01, 2019, 12:27:41 PM
 #58

Crypto is a way to become financially independent ..It is not centralized like the old business models. It is more transparent and powerful!

I think it is the way for any one to manage his or her wealth independently. Gigzi project is a good sample of that https://gigzi.com. People need to feel more freedom and in control of their money/wealth. So, yea crypto is for freedom and security.


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January 01, 2019, 12:38:06 PM
 #59

I don't think satoshi created bitcoin to solve poverty they can lose their money if they think bitcoin as a investment you know bitcoin is volatile so risky, I think he just created bitcoin for fast transaction in online. 

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January 01, 2019, 01:30:44 PM
 #60

i think its upto to them how they deal with crypto to get more profit.
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