Is Crypto A Way To become Rich / Millionaire ?

[elzjmirra]

I think Satoshi created Bitcoin because he wanted to create an online business that could generate big profits. And now it's proven that Cryptocurrency is very popular and is a very good technology for now. And many people get rich because of Bitcoin and can reduce unemployment.

[Jpti]

So far people are thinking about cryptocurrency as a get riches quick scheme and this proved somehow right in the past. One of the main factors that cryptocurrency is getting popularity is that it provides benefits on investment. But it would be entirely wrong to think that it gives a quick rich formula. I think it is like any other business like a stock market which needs time to grown and give benefit.

[NY-city]

So far people are thinking about cryptocurrency as a get riches quick scheme and this proved somehow right in the past. One of the main factors that cryptocurrency is getting popularity is that it provides benefits on investment. But it would be entirely wrong to think that it gives a quick rich formula. I think it is like any other business like a stock market which needs time to grown and give benefit.

Cryptocurrency gave a chance to earn a lot of money in 2017, but not the fact that something like this will ever happen again, now you have to spend a lot of time and effort to earn a decent

[jan.nicolas]

Maybe so, but I think the risk that exists today can really bring us big problems with you, especially at times like this. I would probably be worried about this exclusively, because I think that the world today behaves very strangely.

[NeelMariaWarner]

I don't know, nobody knows the exact reason why satoshi made bitcoin, but clearly cryptocurrency can facilitate transactions and help to overcome poverty a little

[Zidan Bst]

I think is yes, cryptocurrency is one of the best way to became rich.
But, it is relative for every person based on their skill to analyze the market.

[conected]

Yes and no, depending on crypto conditions too, in 2017 many people got rich when searching for results in crypto because at that time the program was very good, different from now that the crypto condition is still not stable, but I am optimistic with crypto people can get rich back when market conditions have risen even though it takes time

- Indeed, if this question appeared in the past, everyone would be able to confirm that this was true and correct because it was a great period, the crypto market exploded and the value of crypto increased very quickly, creating a favorable condition and making many people begin to become rich. But when this question repeats at this point, everything has changed because as you say, market conditions do not seem to be good and do not support all of us, and we want to become rich with crypto, we will need a lot of skills and knowledge, even need to wait for the crypto market to explode again, too many essentials to trigger the opportunity to become rich with crypto

[ivanserfg]

I think is yes, cryptocurrency is one of the best way to became rich.
But, it is relative for every person based on their skill to analyze the market.

in addition to the ability to analyze the market, it is very important to be able to wait through difficult times, it is like holding your breath, it seems that you are dying, and then when you breathe in * New life *

[JuggSlash]

Nope, that was the biggest nope I have ever seen because you know what, it just like you are putting all your money into a gambling platform, then it would make such a gamble whether it gonna fall down or raise up.

[supine]

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 can be a way to become rich, however, it depends on how much risk and capital have you invested in a certain coin. Just like bitcoin, nobody knows what coin will bloom after a year. Nobody expected bitcoin to grow from less than a dollar to more than a thousand of dollars. Imagine those who have bought it really cheap.

[TheICE007]

Even though one of the cardinal objective of bitcoin/blockchain is to mitigate the influence of one country's currency over the whole world and bring about a total decentralisation of currency, adopting it can also make one rich if you understand how the space works with constant researching.

[emberbekas]

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 can be a way to become rich, however, it depends on how much risk and capital have you invested in a certain coin. Just like bitcoin, nobody knows what coin will bloom after a year. Nobody expected bitcoin to grow from less than a dollar to more than a thousand of dollars. Imagine those who have bought it really cheap.

I'm sure there are people who have become millionaires just because of the crypto currency, especially for those who comes earlier and keep holding their coins until the bull happens at the end of 2017, and they sell it when the price is still high. It proves that we can be rich in crypto but patience and luck will be needed. Maybe one day the pattern will be repeated.

[daly896]

There is definitely way to become rich in crypto , but you've got to consider risks as well.
What are you ready to lose prior to get rich?

[malphite534]

You can become millionaire of you are big time investor that can invest in multiple icos, but if you are only working as bounty hunters or promoter it takes time because of the bad situation of cryptocurrency market.

[abake]

It's a two way thing, if you are a top notch technical analysis person, and you are big trader, you can earn hugely within a short period. Or if you invest in valuable ICOs, for instance the recent BTT  and FET on binance launchpad which gave cool gains. But unfortunately, many buy in just because of hype and they get burnt, and also there are many scam ICOs and fake pumps which get people trapped and make them loose money. Proper due diligence helps if you want to make it big in crypto.

[andor.gellenhidi]

Chances of truly becoming richer may be in our lives. It seems to me that now there are so many options in order to properly invest or invest in anything at all. You see that now the market is starting to grow. This is a chance.

[Bim abk]

Chances of truly becoming richer may be in our lives. It seems to me that now there are so many options in order to properly invest or invest in anything at all. You see that now the market is starting to grow. This is a chance.

yes you are right you should take advantage of this market condition because of the market conditions that are starting to grow and you can look for profits in daily trading or you can start investing with small capital. I'm sure the market will soon be good and provide many benefits for investors

[Little Mouse]

Yeah, crypto is both a way to get quick rich and a way ti get quick poor. You know cryptocurrency is highly volatile and no should come here by thinking that it will make him quick rich. It can make you poor too and consider the risk related to investment is the best sign of an investor.

[kingpin4321]

Sure cryptocurrency is a way to earn but the millionaire stuff would be going to far.
You can earn with cryptocurrency and you can also lose

[Caladonian]

Sure cryptocurrency is a way to earn but the millionaire stuff would be going to far.
You can earn with cryptocurrency and you can also lose

There's always a good timing for people who knows to be patience, if you are not into  a quick way venture then you have all the possibilities, but if you are aiming for a quicker ways then this place is not for you, fluctuations will surely hurt your butt and quickly sucked your investment, you need
to learned and needs to have a good future goals so becoming a millionaires will happen after.