Is Crypto A Way To become Rich / Millionaire ?

[wildey]

seeing the rapid development of crypto, I think many people think that way. well, it's not wrong to think that crypto is one way that can be used to make us rich. however, of course it is almost the same as other businesses. needed precision, strategy, and also hard work to achieve it.

[aimata27]

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  ?

Investing on Cyptocurrencies can be a way to become rich but it will never be a "get rich quick scheme" as you say. All great things undergo through hard work, you can't skip the difficult parts to get such thing.

[installer]

Crypto is not just a quick get rich scheme, it is something more than this. It is impossible to invest in 10 ICOs and to become a millionaire within several weeks. Be patient, work hard, invest in good project and you will get rewarded.

[evenotto]

Here you can not only make a lot of money, but also lose a lot. My friend invested a large amount of his funds in the very peak of 2017 .. naturally, almost everything was lost later.
So do not forget that this is a very high-risk asset.

[Coltpython]

Well, I think Satoshi created bitcoin to serve as a more convenient and trustworthy system of currency. I think in a way he also tries to bridge the gap between the rich and the poor due to the decentralized nature of BTC and as such no single entity can control the price of the currency

[Btra]

While Satoshi Nakamoto developed the Bitcoin concept he must be a trader in the forex market and their he could have felt about the financial transactions. After the evolution of Bitcoin the transactions in the world become so fast and also many of the holder become multi millionaire. Again, the evolution of cryptocurrency on the ETH blockchain mobilizing the funds widely over the world and this become a demand among the people. The increasing demand of the crypto drive the price sky rocket and made the holder and the investors very rich. And, this sector today in the infant stage and I think crypto is the way of becoming rich.

[dEjAvOU]

I think so, the potential for crypto increases is very large and can reach up to thousands of percent, this is what makes me make crypto the fastest rich investment compared to other investments such as stocks, gold or so on.

[Clark05]

More people when they entered to the crypto they think first how they become millionaire or rich person which probably not good for you. First you need to learn first because if your knowledge is incomplete you will not know how to become rich. But most of us are not rich we earn money or crypto help to our financial problems daily to buy needs everyday and expenses everymonth. Rich depends to your hardwork and etc.

[79b79aa8d5047da6d3XX]

The main aim of crypto currency is to solve financial issues.   But at the same time crypto  can still give one good profit if you play by the rule. But in an attempt when one see it as a get rich scheme he can loose all his money in the process

[Semar Mesem]

I think so, crypto is the fastest way to get rich, the most important thing is to take risks, if you have $ 50k in cash and dare to buy altcoins (like Binance, Huobi, Tezos and moore), if you are lucky then your money will be $ 500k in a month or less.

[zemper]

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  ?

Cryptocurrency is considered as a fast way to become a rich for most people. Many people are also considering cryptocurrencies as a fraud scheme. And only few people are really interested in technological aspect of cryptocurrencies.

[dfktynby1004]

Of course, developers and organizers of various blockchain platforms or projects are not poor people. Those who managed to buy cryptocurrency before 2017 also received a very good benefit. But there were a large number of people who could not achieve a good monetary profit from the cryptocurrency. For someone, the cryptocurrency has become a good tool for enrichment , and for someone it has become a cause of poverty.

[daporivera]

yeah, in my opinion. crypto can make you a millionaire, but it is not overnight. you will have to learn how the system works, by then you will become a pro at its. The only way to earn from a craft is to master the craft first, by then your potential to earn increases. a lot of people dabble about learning and end up getting frustrated. consistency and persistence is the only way to go around it.

[Zythiphill]

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  ?

Of course cryptocurrency can make you rich , but you need to properly use the risks and properly manage the money

[daporivera]

Yeah, lot of people have been able to make millions through cryptocurrency, it is quite important to know that they didn't become millionaire over night. It takes time and patience to become professional in the industry.

[Ifychuks]

Crypto is never a get rich quick stuff. It requires a lot of patience, time and hardwork. Whoever is looking to get rich quick with crypto should think again, unless it's through illegal means.

[dang thi bich thuy]

Of course, it is perfectly accurate that the crypto market brings the biggest profit because the increase of Altcoins is very fast if the market becomes good. It explains why more and more people are investing in Bitcoin and Altcoins.

[jackflag]

It seems to me that it all depends on the situation.  Sometimes you can get to a good market and make money quickly, sometimes patience is both experience and long in the market but nothing can be earned.

[RockDJ]

This is a wrong mentality to join cryptocurrency with because it will be grossly disappointed. Crypto market is one of the most volatile market and one not easily predicted. I suggest you read more on crypto before getting your hopes up high

[minersday]

Today Want to  Ask , did Satoshi Created bitcoin to solve poverty  issues or he created this bitcoin so solve financial transaction problems !!

I think you should go back and read the whitepaper of Bitcoin. Why will you even think Satoshi created Bitcoin to solve poverty issues?? Bitcoin is meant to be a payment system that eliminates third parties involvement in the transaction of goods and services. Bitcoin was created to provide financial freedom to everybody within any part of the world.