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Author Topic: Is Crypto A Way To become Rich / Millionaire ?  (Read 15720 times)
serejandmyself
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January 01, 2019, 06:22:24 PM
 #81

My first idea was to get rich as most people here, but lately I found interesting for me in this industry especially because I am a tech.person.

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Maestro75
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January 01, 2019, 06:29:29 PM
 #82

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 believe Satoshi created bitcoin to solve transaction problems and not as a get rich quick scheme as you have rightly mentioned. But I do not see anything wrong in anyone getting rich through it. If it happens it happens, it is not a crime. Did anyone notice how Pragon (PRG) was crazily pumped today from less than 20cents + to over $5+ ? I guess unplanned millionaire were made from that pump that lasted less than 12hrs today.

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Amalker
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January 01, 2019, 06:56:53 PM
 #83

Satoshi showed worldwide alternative payments system, which works without any intermediaries. I don't think that he wanted to create BTC for become rich.
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January 02, 2019, 04:00:31 AM
 #84

the purpose of crypto is certainly aimed at good whether it's to finance or to reduce poverty. But if to seek fast results on crypto then it is not a guarantee for sure. It took time and process to include crypto that bitcoin to produce. and hope the results of the short course once upon a time it was just a stroke of luck because it will lead to unexpected losses.

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January 02, 2019, 04:34:32 AM
 #85

The only way to get rich is to work hard and be patience all the time remember there's not a easy way to becoming rich or a bitcoin millionaire. In Satoshi Nakamoto issue he is not intended to be rich he helps people to know the importance of bitcoin use in our daily lives.
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January 02, 2019, 05:52:20 AM
 #86

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 wouldn't want to see it as a get rich quick syndrome or as the case maybe and I don't think the idea behind the creation of Bitcoin was for that purpose too i.e the get rich quick thing however, people have made money as in lots of money from crypto trading and now most see it as a means of getting rich quicker than other source and I believe it can be that with the right investment in the right project at the right time so now most want to take advantage and see that happen, why do you think we all ask, " When is the next Bull run"?
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January 02, 2019, 06:37:05 AM
 #87

The only way to get rich is to work hard and be patience all the time remember there's not a easy way to becoming rich or a bitcoin millionaire. In Satoshi Nakamoto issue he is not intended to be rich he helps people to know the importance of bitcoin use in our daily lives.
even Satoshi did not suspect what he created can be of the moment. so something beyond conjecture was originally quite incredible results if you want to continue to run it with the process. It is of course also applied crypto because if you want big results also take time and will not be instant.

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raptorez
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January 02, 2019, 08:54:45 AM
 #88

I don't think the cryptocurrency is created just simply to makes people to become a millionaire.
I believe the reason is deeper than just that.
Of course, not only that. Cryptocurrency is a tool to destabilize the established fiat money system, because today it is impossible to track options for obtaining information about money with 100% transparency.
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January 02, 2019, 08:58:17 AM
 #89

As for me, this project was created in order to go beyond the limits of the system existing at that time. Which is very zakostinela and narrowly thought.
The project for its 10 years of existence was able to change the vision of the finances of many people. He is a pioneer who gave impetus to the actions of all the rest.

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January 02, 2019, 09:00:17 AM
 #90

For traders who can implement price manipulation, crypto is a way to get rich quickly, but for ordinary traders, crypto is dangerous.

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January 02, 2019, 09:06:31 AM
 #91

Cryptocurrency is not a get rich scheme as media or group of persons may want to label it.  Cryptocurrency essential is suppose to solve the transaction issues and other problems that is related to it.  There is also a need for personal freedom in the ownership of fund to be squarely in the hand of people!

Bittalk12
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January 02, 2019, 09:18:22 AM
 #92

This is an interesting topic that could open a wider discussions. I am in to cryptocurrency for over a year now and I thank Satoshi so much because he opened my mind what is the true meaning of financial freedom. That all thanks to bitcoin! This is one of the best creation of all time which opened our minds that the banks are just using us and fiat currencies is nothing but a joke. Bitcoin is not just to make us a millionaire but to open our minds that this is the key and a way for our financial freedom. A type of investment that is decentralized.
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January 02, 2019, 09:23:37 AM
 #93

There are many ways to become rich but you need to find a way that suits you. Some will trade on the stock exchanges because they are familiar with it and read the FT every day. Others may prefer crypto as they are more IT literate and are interested in the technology

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January 02, 2019, 09:36:44 AM
 #94

I think he created bitcoin as a problem in financial transactions. This is a commodity and people want to buy it for storage. It is like stock, gold, silver, ... It will be of great value if supported by everyone. So you can get rich. But it also carries many risks when you invest in them.

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January 02, 2019, 09:52:18 AM
 #95

An unequivocal answer to this question is impossible, because not everyone will be able to make the right choice in favor of promising coins, but those who make the right choice will get a big profit!
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January 02, 2019, 10:44:27 AM
 #96

The purpose of the blockchain is to have a more trustworhty transaction system. Not to make people rich as fast as possible.
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January 02, 2019, 12:12:26 PM
Last edit: January 02, 2019, 12:24:33 PM by Emperor of Man
 #97

People can get rich with crypto, because it's a new tech which is only starting to grow, so the early adopters can become rich, and many investors right now are early adopters.

But,like every other investment it can not make all the world rich, and it's not a way to provide everyone with lambos! At the end, only those who made the right decisions, controlled their feelings (specially fear and greed) and were patient will be successful.
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January 02, 2019, 12:34:07 PM
 #98

In 2017, there were a lot of early crypto players who made a fortune. I don't doubt the speed of crypto's wealth creation. Many poor people can live a decent life through crypto. It's no surprise that such an opportunity seems to have already No, the future crypto will continue to rise, but there will be almost no growth rate like 2017.

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January 03, 2019, 07:53:14 AM
 #99

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  ?
Get Rich Quick schemes are just scam. Bitcoin is not a way for you to become rich quick, it’s an investment and you either win or lose cause it’s risky. What you achieve or lose depends on what you invest. If you invest big, then the profit you will make at last will also be a big profit.

But if you invest a little.,then you will make a little profit . And also it doesn’t work out for everyone ,it might work for me and not work for you. It’s just all about luck and doing what you’re meant to do.

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January 03, 2019, 08:24:43 AM
 #100

Crypto is the place to be a rich person. yet crypto can also be a place that is at risk if it doesn't run well with crypto. many of even the big capital loss on crypto and certainly suggest that Crypto is at risk. When he wanted to get the result could have been a good strategy but with a must-have on crypto.
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