Is Crypto A Way To become Rich / Millionaire ?

[[btc]YSG]

Crypto is never a "getting rich quick scheme", it comes with a very big risk, so before anyone sees crypto as a way to become very rich overnight, they should find out more about crypto, if they'll become very poor quickly instead of getting richer.

[1714798232]

1714798232

[1714798232]

1714798232

[1714798232]

1714798232

[pinoy.bolanon]

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.my own opinion, bitcoin is creates in order to aid and help business transactions made easy compared to traditional ones which requires lots of time and money, meanwhile bitcoin is more easy and within seconds, transaction is completed, that's the different between blockchain technology and the traditional ones.

[CryptoKush]

I think in order to earn a lot on cryptocurrencies you need to have a large start-up capital which you can not spend for a long time. The more capital you risk, the greater your profit can be.

[CopMom]

There are a lot lucky ones who become very rich with Cryptocurrency. So it is possible.

I think cryptocurrency is very potent and in the future will be the revolution for money transferring and using. So that if you want to be rich with crypto, the only thing you can do at now that hard-working and have to passion for it. I believe that you will be rich with cryptocurrency in the next 5 years if the market recover and go to the moon )

[apitico]

Some people were really able to earn very large amounts of money with the help of cryptocurrencies. Personally, I have not yet managed to do it. I think that cryptocurrencies will give an opportunity to earn to those who really work to earn.

[rutherford]

Crypto is one way to make money but it's not a quick rich scheme. In fact, once you join into crypto world you would understand that crypto needs a patience. Maybe it will earn you lots of money but that will happen in 10 years or so. For me, crypto is like a long term investment, just like stocks.

[michael23]

No, crypto came here for a completely different purpose. This is a technology that will exist for decades and it is clearly not a quick scheme of earnings. To make money here, you need to have some knowledge.

[judeafante]

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  ?

All of the above I'm petty sure that he knows all of this when he is creating or coding Bitcoin he knows one day the value will increase and people will predict it's going to worth million of dollar one day, that is why he still keeps his shares,

[Mcmich]

I think he created it not to solve poverty issues but financial transaction issues. It's not a get rich quick scheme and whoever thinks that way will only attract loses.

[restuibu]

I think satoshi makes bitcoin to solve financial transaction problems and makes everything more practical and you also have to know if investment in crypto is also one way to make people rich, but if they always get profits when investing in ico or trading

[richmcrich]

Blockchain is made to make transactions easy. In the blockchain network coin, wallet and blockchain explorer can be used for transactions. So, it can be concluded that crypto is made to facilitate transactions.

Of course it is one great facility. But the businesses made around the blockchain and crypto are way too lucrative do not you see? Besides, the crypto made for facility is also being used to save value and this value’s worth increase as the market rises so yes there is a way to rise. Speculation you know. You think the value of Bitcoin will rise in future and you invest in it.

[ivanserfg]

I think he created it not to solve poverty issues but financial transaction issues. It's not a get rich quick scheme and whoever thinks that way will only attract loses.

indeed, trade and capital increase are only a part of the functions for which a cryptocurrency can serve. This is for calculating, for purchasing goods and services, and even taxes can already be paid using cryptocurrency

[Aponkye1]

I don't think crypto is a get rich scheme because real crypto related projects are for long term investments. Most projects these days don't have any useful case and also don't have any real product backing the liquidity of their tokens hence causes investors to lose their money. You can become rich in crypto if you play your cards well and you can be flat broke if you don't invest properly.

[minatour]

only satoshi himself knows about this, but many perceptions say bitcoin was created to replace the world currency. 

[futuristishe]

Crypt as can make you rich and poor. It depends not only on you but also on the market itself. There are a lot of factors that can affect this.  Therefore, cryptocurrency may well make you rich quickly.

[iMark]

Crypt as can make you rich and poor. It depends not only on you but also on the market itself. There are a lot of factors that can affect this.  Therefore, cryptocurrency may well make you rich quickly.

Thats the best answer, of course I will be complained by people, if I say that cryptocurrency is the way to get rich, while many people also suffer losses even bankrupt. you're right, it depends on the ability of each investor itself, they can become rich or become poor

[Thanasis]

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  ?

It is not created for soling poverty around the world or to create employment for the people who have no jobs eve he may not ware of his invention will get bigger this much.

Crypto was created to do the transactions by ourselves simple,so people are making money through their skills but it is not meant to be.

[bitcoinst]

Using the example of ICO Bittorent and Fetch, one can see how the scheme "to become rich in one night" could work. If you had invested on ICO Fetch, and were able to get into the pool, your investment would have increased 4.5 times after the listing.

[Thyristor]

You asking three different and very important questions.
1. Satoshi created virtual currency and hidden identity both of sender and receiver i think this is the first digital payment system which is satoshi's invention.
2. Yeah for blessing Bitcoin there are big opportunities to rich man in every people. You can remove own poverty to make money.

[beeelzebub]

Crypto is a very risky investment method.

Like every risky investment method there is a chance to earn big and loss all.