Is Crypto A Way To become Rich / Millionaire ?

[CryptoLogo]

I am sure that many people have earned money, thanks to the cryptocurrency and many people have changed their lives for the better.

[cryptomaster420]

Crypto was a great way to become rich if you went in early. For 2017 bagholders it was a way to get poor. And for the rest of us, nowadays it's as likely to make us rich as the stock market, it's too mature for x1000 already.

[odukoyaewatomi27]

The main reason why Satoshi created cryptocurrency was the solve the problems encountered with financial transactions. Like every hustle or technology, cryptocurrency can make you rich but you have to work hard and persevere, but most people mistake it for a get rich quick scheme where they can come and make millions over night.

[mrdeposit]

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.

Exactly. Volatile price will lead you to one of two choices : poor or rich. That is why, investing as much as you can risk will protects you from future losses. There is no point here that everyone will be rich, only those who can.

[cryptocyprus]

I think that the cryptocurrency market at the moment is more for hardworking people, because at the moment to get rich quickly just will not work and ezhinstvenny effective way to make money, it is trading.

[Maamejane]

I think now its both although at the initial stage the others might not be a priority for them. But now you cant mention cryptocurrency without alluding to the fact that has been its trend currently and many many are getting into it due to the become rich way.

[Wayrey2020]

It a yes and no answer, and there's one thing you need to believe about what people created or invented, there initial motive about it is making money and don't be deceive by people saying all they want is just do it. Satoshi knows he will make a lot through btc, same applies to you doing it, to become rich.

[jorenpo]

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 you are lucky enough and have a huge patience then it is a way to becoming rich. imagine you bought bitcoins in 2010 and never sold it until know. well, you can still got it this day just do hardwork.

[ekim88]

I think here you need to think more globally. Bitcoin was supposed to be an alternative to our current financial system. The monetary alternative could flourish only if it were launched “from nowhere” and would not have a single center of refusal. An electronic peer-to-peer cash system was needed. This is exactly what Satoshi Nakamoto described in 2009. That is why he accompanied the first Genesis block with the text: “03 / Jan / 2009 Chancellor on the verge of second aid for banks”.

[Jenn33]

Its the best chance many people will have to become rich, you just need to find that one coin that moons and you can make some serious money

[_Sergo]

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?

Indeed, in order to get rich, especially now, at a difficult time for cryptocurrency, you need to really try and develop in this direction, be prepared for mistakes and difficulties, and then wait for the growth of the market.

[tranquangvinh]

Its the best chance many people will have to become rich, you just need to find that one coin that moons and you can make some serious money

It's not as easy as you say, you can get rich very quickly if you choose a good and potential project to invest, but it's not easy to choose and when you enter this market, your risk is also very high, you will lose all your money if you invest in a scam project

[dimonarka]

Everything is possible. To do this, you need to make a lot of effort and constantly study the market and news of cryptocurrency. It also depends on perseverance and luck. Good luck to all!

[cribusen]

Work hard pays off in every industry. If you would work 24/7 and make deep investigations on each project, you have a lot of chance to success in the crypto space. But it is not a get rich quick scheme or similar things.

[ven7net]

Of course, cryptocurrency is an opportunity to earn money and I am sure that someone will be able to earn a million or more. I am very glad that I was able to receive information about cryptocurrencies and now I have the opportunity to become one of those who may be lucky to become a millionaire. There is no doubt that any new technology is an opportunity to be one of the first and make money on it. But you should also not forget that in any business there are risks and cryptocurrencies are high-risk assets.

[capcaypro]

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

I have already begun to look for profit in this growing market, I hope that with this conducive return market, it will become clear that there is progress in prices to the next.

[sngwinner]

It all depends on what you think or what pushed you to come into crypto.  Was it to invest with the aim of gaining more profits or you needed a better way of financial transactions.
To me to think of crypto making you a billionaire now is wrong.

[criptAndroya]

in general, nothing has changed in cryptocurrencies, and if you thought of becoming a millionaire in the 17th year, but now everything has fallen 100 times. This does not mean that everything will not grow back.

[Jaggi90]

If crypto market is high , then it is the simplest and fastest way to become rich. But if the market is low as it is now , then you have to be smart enough to get profit from this situation.

[HELLOFF]

If crypto market is high , then it is the simplest and fastest way to become rich. But if the market is low as it is now , then you have to be smart enough to get profit from this situation.

It seems to me that a very rich person could become a millionaire using cryptocurrency, but not in the current state of the cryptocurrency market. This could have happened with investments until the end of 2016 and with sales at the end of 2017. Nevertheless, a cryptocurrency still remains a very good tool in order to become financially independent.