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Author Topic: Is Crypto A Way To become Rich / Millionaire ?  (Read 15785 times)
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January 08, 2019, 02:28:14 PM
 #201

Yes, You can become rich, if you adopt good strategy for investment or good trading strategy, i was gain lot of money when i was started i was zero, now i,m happy with crypto.
You can't become the next millionaire in the bearish market. the only possible thing to make it happen just try to buy big buy support on the low cap altcoin and then just keep them all in your wallet a few years later and then that could be the only chance. How good your strategy doesn't work in the bearish market.

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January 08, 2019, 02:32:22 PM
 #202

If to asume the crypto only as a means for becoming the millionarie in future, I think this is the worst variant. I think that the crypto currency should be considered as a new technologies that are developing nowadays rapidly, despite of the enormous roadblocks.
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January 08, 2019, 02:42:05 PM
 #203

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 Blockchain was created to bring Solutions to the traditional method of making transactions. In the traditional way you make use of the Fiat currency while with Blockchain you make use of digital assets either in form of BTC, ETH or any other digital currency which have majorly different ideaology in bringing simplicity to mankind.
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January 08, 2019, 02:44:30 PM
 #204

Did we get into Crypto to get rich? I think those who invested in Bitcoin during the early days Benefited heavily when the price/value of 1BTC was $19,000 in late 2017. And even till date those early Investors are still in so much proof as they are still Rich with their investments.
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January 08, 2019, 02:48:40 PM
 #205

I guess Satoshi created this to make a new transaction way in the financial system, to make it decentralized, easier to send and receive, I don't think he/she created it to make some people rich, It is up to us wheater we want to make money out of it or not.


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January 08, 2019, 02:56:49 PM
 #206

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  ?
When Satoshi Nakamoto created bitcoin, his aim was to give people an alternative to carry out financial transactions or payments without a middleman. His aim was not to create millionaires.
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January 08, 2019, 03:05:20 PM
 #207

Initially, there was an idea for anonymous financial transactions, but then people realized that this is a unique technology behind which the future of the economy is possible. I think that the idea itself is only for transactions because the essence does not change when the price falls and the platform works in the same mode

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January 08, 2019, 03:06:18 PM
 #208

Everyone has a different view of it. In my point of view, bitcoin was created to unite world money, so that it becomes money on a global scale (bitcoin). Maybe there are some people who have other perspectives on bitcoin, all returned to each other's perspective.

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January 08, 2019, 04:49:18 PM
 #209

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  ?

The time when you on cryptocurrencies could easily become a millionaire is over. Now everything has become much more complicated.
Those people who believed in cryptocurrencies before the others were deservedly rewarded with large incomes and many of them became millionaires.
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January 09, 2019, 12:27:38 PM
 #210

I believe Bitcoin is created to solve financial transaction problems. Only naive people believe that bitcoin will help all get rich quick, It only helps a very small part of everyone become rich.

Few people got rich on BTC from the ground up, and more often it was outrageous luck like winning the Powerball lottery. Most Bitcoin millionaires had already been millionaires, BTC was one of their assets

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January 09, 2019, 12:38:50 PM
 #211

Crypto market is not the only area where you can become a millionaire. If you have experience and sufficient funds, you can turn your attention to classic financial markets, such as the stock market. Crypto risks too high.

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January 09, 2019, 12:42:16 PM
 #212

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 bitcoin is created to deal with financial transactions. It is really a great tool and it will be of great help to the world after 10 years.
To be rich in crypto market is very difficult because you can have a lot of money in 1 night but you can also lose it all in 1 night. There will be no place to make money easily.

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January 09, 2019, 12:42:35 PM
 #213

Years back this was an industry through which one can easily become rich. By that time this was not much known by the common people, now when more people have known better about it, the earning opportunities were found less. Also to earn big, large scale investment is required. Upon this now rich people getting richer investing on cryptocurrencies.

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January 09, 2019, 04:19:28 PM
 #214

Yes of course, it is true by the crypto investment, a person can become the rich person the world because in very short periods many coins have taken the very big jumps in this market and by that way many people have earned already very huge and big money from here and within very few days only. But your investment must very sound to earn the big amount.

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January 09, 2019, 04:32:13 PM
 #215

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 crypto was created to facilitate future economic transactions, and it is undeniable that some large companies have used crypto. This indeed illustrates that cryptocurrency is indeed one of the developments of future economic transactions. And I don't think it's a get rich quick scheme, because have a lot of knowledge about crypto is must be passed. Enjoy the process and you'll get the prize.

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January 09, 2019, 05:05:57 PM
 #216

On the off chance that you experience the whitepaper this things has been settled and it is a result of the manners in which we reason and add that that makes us to see bitcoin as a method for making easy money. In exchanging we are informed that we exploit each other in other to profit yet this is very unique in bitcoin. Bitcoin was imagined to tackle exchanges issue.
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January 09, 2019, 06:44:27 PM
 #217

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  ...........
One of the reasons for the creation of deflationary bitcoin is to escape yearly wealth loss of 2% or more because of inflation.
Bitcoins supply halving for ever in 4 year steps.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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January 09, 2019, 06:52:58 PM
 #218

Yes of course, it is true by the crypto investment, a person can become the rich person the world because in very short periods many coins have taken the very big jumps in this market and by that way many people have earned already very huge and big money from here and within very few days only. But your investment must very sound to earn the big amount.
In the same way, a very large amount of people lost their money. therefore, it is not quite objective to say so. only professionals  make good money here

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January 09, 2019, 06:54:07 PM
 #219

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  ...........
One of the reasons for the creation of deflationary bitcoin is to escape yearly wealth loss of 2% or more because of inflation.
Bitcoins supply halving for ever in 4 year steps.

A lots of millionaire were made by cryptocurrency in very quick period of time without knowing any knowledge we can definitely be millionaire at onely cryptocurrency field especially Bitcoin made a huge rich people from the past 10 years so that's why the people will always trust be kind of the way of making more profitable money in short period of time.
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January 09, 2019, 09:23:27 PM
 #220

To answer this question we should have the brain of Satoshi Nakamoto.  I am closer to the option of solving transaction problems and to have a decentralized payment system for everybody.
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