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Author Topic: Is Crypto A Way To become Rich / Millionaire ?  (Read 15725 times)
Tahdayi
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January 10, 2019, 09:36:49 PM
 #241

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.
In each case, it is difficult to become rich , if people use risk management correctly , then of course they will earn, in cryptocurrencies you can really earn big and good money!

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AristoteI
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January 10, 2019, 09:48:21 PM
 #242

It seems to me that Satoshi's Nakamoto intentions hardly had something to do with solving the problems of poor people, the product he created should have primarily addressed the problem of having intermediaries for financial transactions, he did not think about the poor, and he, probably, did not expect that Bitcoin could grow to such a big price in a short time.
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January 10, 2019, 09:50:56 PM
 #243

If you have a good strategy and if you are quite lucky as well, I think it's possible. But I think that it should not be a priority to use crypto only for becoming a millionaire, you should have bought coins for other purpose.

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January 10, 2019, 09:52:38 PM
 #244

Satoshi helped us to get out of poverty in a coincidence. He really wanted to solve the payment method that money can be sent directly to the receiver and no need for an involvement of the banks or any third party which is still happening worldwide. The value of bitcoin is increasing because of having a limited supply and in that case it gives an opportunity for everyone to makem oney when its price increases.

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January 10, 2019, 09:57:37 PM
 #245

If one knows hat they're doing in this space, it's easy to make money and far more easier to lose it. It's not easy becoming a millionaire in crypto now, there's a lot at stake and news always crashing the market.
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January 11, 2019, 09:03:20 AM
 #246

There are many ways that can make one rich in crypto. These ranges from trading, holding crypto and also bounty hunting. All these can make you a millionaire only if you are dedicated in any of them or you do all of them.

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January 11, 2019, 09:06:20 AM
 #247

To be millionare in crypto need hardwork, there no big diferrence with other job.
Crypto is not place where you can become millionare easily.

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tbossmitche
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January 11, 2019, 09:37:08 AM
 #248

The answer is simple, YES

It is definitely a way, but we all know riches do not come easy. With cryptocurrencies you could loose as fast as you can gain. The best way is to understand the market to an extent and invest in largely reliable projects. As we all know, cryptos were not actually created to generate wealth for anyone. It was actually created to get financial transaction problem to be solved and to save users from the local banking system which charges their customers unnecessarily.

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January 11, 2019, 09:40:56 AM
 #249


.......and also big corporations (even banks) creating big centralized altcoins (like ETH and XRP) to make more money from gullible people.

https://ripple.com/insights/the-inherently-decentralized-nature-of-xrp-ledger/
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January 11, 2019, 10:19:32 AM
 #250

Yes it is. But this is on condition that you need to invest more. also as an option to create your project interesting, but for this you need a lot of effort, a good idea and have a large amount of money

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PattersonRaquel
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January 11, 2019, 10:21:29 AM
 #251

I don't know what he made bitcoin for, but I'm evaluating it as a financial sector. It's like stock, gold, silver, ... We invest to get profit or loss. We can become richer or poorer in any financial investment sector. It does not except crypto

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January 11, 2019, 10:45:11 AM
 #252

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 do you think so many people came to crypto. Hardly they came to develop the blockchain technology. They all came here to make money and become rich.
See how some coins fluctuate. It is on these fluctuations that you can earn big money.

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January 11, 2019, 11:06:18 AM
 #253

Cryptocurrency is never a get rich quick scheme, it was created to solve financial transaction problems. Most people that get into cryptocurrency to make quick money end up being disappointed, because it requires time, dedication and hard work

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January 11, 2019, 11:15:46 AM
 #254

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 you should study the history of creating Bitcoin. This currency was created to simplify payments between people. What would people without the intervention of banks could manage their funds. What we see now came up with large speculators. This is another game that will end up just like the dotcoms.
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January 11, 2019, 11:29:33 AM
 #255

make you rich or become a millionaire?
it returns to your goals and abilities, because basically bitcoin was created as one of the digital currencies to facilitate transactions.
just like the purpose of the FIAT currency statement, the currency problem can make rich or become a millionaire depends on you.
Convery
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January 11, 2019, 11:32:53 AM
 #256

Crypto is a way how to become rich, simply by scamming people, this is a very common tactic recently. All forks are just scams, all ICOs are going to die. Sorry, I am very negative after a year of falling.


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January 11, 2019, 11:38:01 AM
 #257

Maybe at the end of 2017 and start 2018 but not now its, 100% then my coins value was more than 400k$ not i dont even say a little more than 8k so only way is bull run but it feels like more we wait more bear come.

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January 11, 2019, 11:46:05 AM
 #258

Bitcoin was created to give back freedom to the masses, along the way people will use this for their own gain, people that got into the space early made huge money and this is why they say knowledge is power, there is still room for growth in Crypto investments but we just need to be very careful the projects we invested into


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January 11, 2019, 12:04:47 PM
 #259

Bitcoin was created to give back freedom to the masses, along the way people will use this for their own gain, people that got into the space early made huge money and this is why they say knowledge is power, there is still room for growth in Crypto investments but we just need to be very careful the projects we invested into
if you succeed in investing or trading or you can with other things so that you can succeed, you can become rich and become a billionaire.
if they are experts and those who have used Crypto for a long time, they will definitely get good results.
they can also lose if they act wrong so they have to be more vigilant to avoid it.

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January 11, 2019, 12:19:36 PM
 #260

Bitcoin was created to give back freedom to the masses, along the way people will use this for their own gain, people that got into the space early made huge money and this is why they say knowledge is power, there is still room for growth in Crypto investments but we just need to be very careful the projects we invested into
if you succeed in investing or trading or you can with other things so that you can succeed, you can become rich and become a billionaire.
if they are experts and those who have used Crypto for a long time, they will definitely get good results.
they can also lose if they act wrong so they have to be more vigilant to avoid it.
I agree that bitcoin and cryptocurrency will be a way to become rich , because if there is no possibility that this technology will be the way to success to become rich ,then there will be no people and customers that would invest for their capital in digital currency and waste their time for it ,so investors looks that there is a way to become rich through joining bitcoin and cryptocurrency.

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