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Author Topic: Is Crypto A Way To become Rich / Millionaire ?  (Read 15787 times)
svetochka
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January 09, 2019, 09:30:20 PM
 #221

Given the high volatility of the crypto market, the cryptocurrency provides an opportunity to get large and fast profits as well as the ability to quickly lose their investments. But the main advantage of cryptocurrency is the blockchain platform, which is designed to facilitate many areas of our life.
Mihho
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January 09, 2019, 09:31:34 PM
 #222

I think that cryptocurrency is a good way to earn money. But not everyone is able to make money on it. Cryptocurrency is a very risky investment.
Ambers
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January 09, 2019, 09:34:24 PM
 #223

Satoshi Nakamoto was not going to solve the problems of poverty on our planet, all he did was to create a universal currency and that would not need either banks or government bodies, the currency that could be used inside the Internet. I think that he coped well with his task.
Jannyh
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January 09, 2019, 10:08:32 PM
 #224

Crypto can make one rich, first, you need to understand what crypto is all about, study the exchanges in cases of trading, understand the word DIP, at this point you should know that you don't have to sell your token but hold . When you have understood what crypto is all about, even in the dip, you will hold, also you watch out for tokens with good use case. Buy at low price and sell at high. These will help you become rich in Crypto

Hans Groober
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January 09, 2019, 11:22:01 PM
 #225

It's too late for cryptocurrency to make you a millionaire. You late. Now you can only earn a couple of thousand dollars in the crypto market. Perhaps even a few tens of thousands.
Very lucky and smart will be able to earn a couple of hundred thousand.

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Andrew Parker
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January 10, 2019, 02:51:00 PM
 #226

I believe with Cryptocurrency, we can make a lot of money but to think about getting rich quickly, it is just not possible. So, we need to be very wise with how we go about doing things.

I do Crypto trading, which is something that can give you great opportunity to make money, but much like everything and anything, you need to have ability to be able to do it right, if you don’t have that then you are just not going to find success at all.
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January 10, 2019, 03:01:26 PM
 #227

This is possible, as a last resort, this has already happened, because in 2017 we realized that this is possible and people now see the opportunities that will be ahead. Now there are of course very few such situations, but they exist.
Johnzky
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January 10, 2019, 03:01:49 PM
 #228

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  ?
Sstoshi created blockchain and the currency in form of bitcoin in a right purpose and that is to help the world be accessible and more functional in terms of technology,and not to make people millionaire,though if we will treasure this and help to progress then maybe we will become millionaire with the help of this but at our own risk,remember the golden rules of crypto that to invest what we can only afford to lose
Ridwan Fauzi
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January 10, 2019, 03:08:21 PM
 #229

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  ?
Honestly it was a missconception. Satoshi's desire made bitcoin is for payment systems not as a tool to get wealth easily. It's just that the price determined by supply and demand makes the price of bitcoin very volatile and this is used by all bitcoin users to make a profit. I guess that is not wrong, but who only hopes that every bitcoin user can accept the first concept of bitcoin again, so at a continuous price as now it is not a reason for them to leave.
MeongElek
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January 10, 2019, 05:21:55 PM
 #230

Cryptocurrency is not yet widely known by the public. So, for now, cryptocurrencies cannot yet be a solution to solve poverty. And cryptocurrency is a big risk if you use it without strategy and understanding.

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January 10, 2019, 05:36:58 PM
 #231

Crypto is very similar to the early financial markets, when interest in something or strongly raised the price. Most of the people came to the crypt in the hope of enriching themselves as other people did before them, but none of them expected a correction to begin.

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suhardi3899
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January 10, 2019, 05:39:46 PM
 #232

I think Satoshi isn't thinking too much about money, because he is the predecessor of Cryptocurrency. So it's like a scientist, he thinks how blockchain technology can be useful, not thinking about getting money.
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January 10, 2019, 05:43:14 PM
 #233

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 cryptocurrency is one of the quickest way to become a millionaire, then why not all people who are investing in cryptocurrecy are millionaires? Cryptocurrency investment is risky, it's not a guaranteed way to earn money in a quick way. It's not an over-night process.
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January 10, 2019, 05:47:53 PM
 #234

Crypto is created as a block chain technology to make world currency acquirable in a technological way and probably be the feauture world currency. Thereby bringing oneness in the currency use. But in the process of that, people make wealth from promoting the different crypto organizations while compensating the effort and resources of the promoters.
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January 10, 2019, 06:02:29 PM
 #235

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 wanted to create an alternative and new level of the way to do transactions. As indicated on the introduction of Bitcoin as "Bitcoin: A Peer-to-Peer Electronic Cash System", it is obviously designed to make a system that involves Electronic Cash or Digital Currency.
Due to the popularity of Bitcoin and high demand, that's the reason why most people were hooked into it and got rich in no time.
mrkavasaki
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January 10, 2019, 06:08:58 PM
 #236

Given the high volatility of the crypto market, the cryptocurrency provides an opportunity to get large and fast profits as well as the ability to quickly lose their investments. But the main advantage of cryptocurrency is the blockchain platform, which is designed to facilitate many areas of our life.

Currently altcoin and Bitcoin are just a way for investors and financial institutions to speculate, it has nothing to do with blockchain. There are a lot of projects that are making blockchain more complete, not having any separate tokens or coins
Olayinka225
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January 10, 2019, 06:17:39 PM
 #237

Yes and no

Why because, in a matter of money, one can be rich and greatly rich if invested right into a particular coin and also in a matter of seconds, one can be sent back to the village, to square one back to the scratches
Sundaey
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January 10, 2019, 09:10:51 PM
 #238

Yes it's. But it depends on what you are doing with it, just like you love earning from airdrop and bounty campaigns and you hoping to become a millionaire in dollars you have to do all bounty being created which is impossible but if you're an investor who does it wisely and invest for long term believe me you can be a billionaire.
HichemFetoui
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January 10, 2019, 09:15:01 PM
 #239

i don't think so i think cryptocurrency is the best way to ensure a real and fair wealth distribution for the humanity in the long term and facilitate our interaction with robots
Mihho
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January 10, 2019, 09:28:38 PM
 #240

Yes, cryptocurrency is the path to wealth. But this path is very difficult. And not everyone can pass it to the end. Many simply give up.
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