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Author Topic: Crypto is not a get rich quick scheme but you can get rich if you provide value  (Read 483 times)
adekogbe (OP)
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January 18, 2019, 09:29:46 PM
 #1

The basics of cryptocurrencies and blockchain is to revolutionize the world's financial system to one in which gives power to the community and is not controlled by any government.
Crypto is not a get rich quick scheme but coincidentally, when there is any company or project that provides value in the world, its investors are bound to make profit.
The same can be said for cryptocurrencies. When you provide value as a cryptocurrency expert or invest in a project that proves value, you will definitely make some profit. That is just the way it is.

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January 18, 2019, 09:43:12 PM
 #2

Value in cryptocurrencies begets rewards and this is truly the way it is. Either you make an investment, you are a team member, an advisor, a promoter or even the bounty hunters as long as you provide value to a good and legit platform, you will definitely be make money.  The crypto space is getting a lot of attention and it is a new expanding industry with a lot to offer.

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January 18, 2019, 09:50:20 PM
 #3

You are very right and infact the real purpose of blockchain tech and cryptos has been to get rid of the inefficiencies in the traditional fiat system and generally in overall govt and business sphere also all investors should realize that this downtrend is not going to stay forever once the use cases, userbase and the matters like registration, regulation or compliance of these blockchain based companies gets cleared the adoption and growth will definitely come.

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January 18, 2019, 11:56:08 PM
 #4

Crypto is a speculative market but if the project provides a clear vision and a new idea, the investors will recognize it and invest in hope for a good ROI.
Projects with real use cases has the biggest chance to succeed.
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January 19, 2019, 12:00:04 AM
 #5

Doing business on crypto needs sufficient knowledge. If we just think about the profits only, it is totally wrong. However, I don't think to be rich through crypto busines coincidentally. It is like a reward from the effort and smart analysis in supporting a project or company.   

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.PLAY NOW.
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January 19, 2019, 12:53:27 AM
 #6

Accuracy, patience, luck, and crypto world knowledge are indispensable if you want to be involved in this business, whether it's a trader, working as a bounty hunter or as an investor at ICO, so you can profit and avoid fraudulent projects.
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January 19, 2019, 06:14:11 PM
 #7

Crypto these days is more like gambling, and I think that's what life itself is like. Being consistent is like you keep doing it till your lucky day because some people have to lose for you to gain, someone has to buy what you are selling.
Crypto is a get rich and get broke quickly thing depending on how you handle it.
Most of those expats out there make it in 2017 and claiming to be good than you do, you can easily get broke and rich like they do

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January 19, 2019, 11:11:56 PM
 #8

I think the best thing we can do right now is to keep working. Let the market in the drawdown and the situation is quite sad around, but if we stop now, there is a high probability that in the future we will regret it.

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January 19, 2019, 11:29:34 PM
 #9

I think the best thing we can do right now is to keep working. Let the market in the drawdown and the situation is quite sad around, but if we stop now, there is a high probability that in the future we will regret it.

Others think of cryptocurrency as easy to get rich scheme , but if you will join and invest on it the cryptocurrency there you can see that it will be an equal profit to the hardwork and patience that you give up with this technology , but if properly manage and you will be good with others then you can achieve the good things bitcoin and cryptocurrency has give you the way to improve life.

GIGZI - INDEPENDENT WEALTH MANAGEMENT
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AMLBitcoin
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January 19, 2019, 11:35:26 PM
 #10

Business is all about solving a problem in a market. And that's the biggest problem a lot of cryptos have: They
don't have real world use cases. We are currently working on CrossVerify, a digital verification system that
will do the whole KYC process within a couple minutes using voice, facial and iris authentication.

Feel free to have a look and let me know if you have any questions
https://twitter.com/AMLBitcoin/status/1086378762848161792
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January 19, 2019, 11:40:59 PM
 #11

the main goal created by blockchain and crypto technology is for that but because crypto prices fluctuate so much that people trade them and even make them assets and that's not wrong but when they suffer losses they must realize that it's their fault for using blockchain and crypto for wealth themselves

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January 20, 2019, 10:58:32 AM
 #12

I agree, crypto is not supposed to be used for quick rich scheme, but we should more appreciate the technology that it offer, if you got a coin with good feature then dont worry about the price, the investors and adoption will coming when you already got reputation, if the developer is persistent then project could be a good long term investment
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January 20, 2019, 11:35:46 AM
 #13

The basics of cryptocurrencies and blockchain is to revolutionize the world's financial system to one in which gives power to the community and is not controlled by any government.
Crypto is not a get rich quick scheme but coincidentally, when there is any company or project that provides value in the world, its investors are bound to make profit.
The same can be said for cryptocurrencies. When you provide value as a cryptocurrency expert or invest in a project that proves value, you will definitely make some profit. That is just the way it is.
It's a little bit wrong, you can't provide the value but in fact that the value can be brought from the development of crypto itself. Remember about the momentum can be built when there was a solid development and a good product as a result.

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January 20, 2019, 11:40:58 AM
 #14

Crypto can make you rich if you have a decent capital to use for an investment or if you work hard in crypto you can really earn a lot. Luck is also a factor in gaining an insane amount of money. But people in this community also lost a lot too. Safe to say that who ever knows a lot in crypto can earn money.
Red-Apple
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January 20, 2019, 12:30:48 PM
 #15

you are correct about the "blockchain technology" and "bitcoin" that is the first and only one that is using it correctly to provide value not profit. but when it comes to altcoins unfortunately this goal has been forgotten a long time ago and nowadays "cryptocurrency" is equals to altcoins and it is equal to pump and dump which means only a few can make money while others continue to lose money.

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pedpedped101
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January 20, 2019, 09:20:16 PM
 #16

Some people do not know that value is different from price, which is also applicable to cryptocurrency.
What leads to a good value, is the product and a good value, will make the coin to have better price.
Although a coin with good value can go downtrend, but it can also easily rise, because of the value is has or is creating.
That is why most times, I lookout for coins with good working product.
OluwaTosin10
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January 31, 2019, 09:59:37 PM
 #17

A lot of people say crypto currency is not a get rich scheme
But it is funny because a lot of people are investing in crypto currency

Investors only invest capital to make profits
Not watch project growt h
Jackrodwell
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February 08, 2019, 06:07:41 PM
 #18

Crypto is a speculative market but if the project provides a clear vision and a new idea, the investors will recognize it and invest in hope for a good ROI.
Projects with real use cases has the biggest chance to succeed.
From my research and experience so far, cryptocurrency stuff is a very dicy industry in which you can't really predict what will come next,but smart investment can always turn things around.
marjil
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February 08, 2019, 06:10:46 PM
 #19

Yes if a project is somehow adding value, however it is doing it, then obviously that kind of project will grow and become more valuable. The people that invest in a promising project would obviously stand to benefit from its success.

Wolfwar
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February 08, 2019, 06:56:59 PM
 #20

Yes if a project is somehow adding value, however it is doing it, then obviously that kind of project will grow and become more valuable. The people that invest in a promising project would obviously stand to benefit from its success.
I fully agree with your opinion, but on the basis of But it appears very difficult and the most important task is to find this promising project. In any case, even a full analysis of all existing project information does not yet provide a 100% guarantee of success.
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