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Author Topic: Bitcoin is not about ''get rich fast'' !!  (Read 15317 times)
geegaw
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April 16, 2019, 12:40:28 PM
 #121

you are very right , many people thought that the bitcoin or the cryptocurrency is the fastest way to get rich , maybe that's why we see many lessors in this market , but i think the ads play a big role in this  

Those people who think this scenario happen have no idea what is the use of bitcoin they only here because of money its sad but this is the reality but if they all get rekt this scenario will change and they all realize to know carefully the fully functions of bitcoin.
Exactly those who thinks bitcoin get rich fast doesn’t know what really is bitcoin. It is not all about money so people should know how bitcoin works. And, how bitcoin could use it’s features that will benefit the users.
Indeed, they don't know too much about bitcoin then they believe in rumors from tabloids, online forums, the results they have always believed that Bitcoin is the way to get rich quick, information is spread continuously and continuously while the actual story is not as they think, the exact story is that bitcoin is creating a new field and this field allows us to make a lot of profit if we have the capacity to handle it. If anyone still thinks that bitcoin is a quick way to get rich, they should participate directly and feel the results they receive, don't believe the fake news.

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April 16, 2019, 01:00:21 PM
 #122

The technical complexity, speculation, and growth in this industry combined are the perfect recipe to attract crowds that want to get rich quick. Cryptocurrencies are best suited for those with a low time preference - those willing to wait to get the reward. Those with a high time preference are the ones who get burned and cry in forums and comments sections about what a scam cryptocurrencies are.
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April 16, 2019, 01:50:30 PM
 #123

I am sick of new people who are here only for bitcoin price, only for gains and still talking about price ... Everywhere i see like bitcoin will go to 100,000 USD or 1,000,000 USD, they only want to get rich fast but bitcoin is not about it ... Bitcoin is about freedom and privacy . I see us as some kind of warriors against governments and central banking cartels, we are here to claim our rights and freedom back! We are here to create powerful tools that give more power to individual against governments ! We are here to change our monetary system ! Every government basically corrupt, they dont care about other people, i think every politician should be representative of his voters , but i feel its like we are serfs ! Think about it ...
 
So being a warrior make you feel the determination of breaking what the government are doing against us?but you are certainly right on that budz,we must here to learn what cryptocurrency is all about and whats the difference from the physical form to virtuality.hope that sooner all of us here realizes what're we missing in this cryptospace opportunity
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April 17, 2019, 12:43:36 PM
 #124

Most people actually have a wrong perception about bitcoin investments because most of them see it to be a three day earning mechanism which is not so. Most of them actually give up on their investments real quick and sell their holdings when the crypto market does not go in favour of them. Bitcoin investment is for long term investment package and not a short one so crypto starters should take note of this before investments.

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April 17, 2019, 04:08:26 PM
 #125

Yes, your statement is right.I think newcomers specially feels, they can become rich within month using bitcoin.But this is not true and they get disappointed and blame bitcoin.Actually,I think bitcoin can show you some paths of earning money, if you have the Proper skill and dedication then you can earn money from it.         

Actually, this is one of the reasons why I say that a prolonged correction phase can be good for the health of the crypto-currency. Those guys who dream about becoming a billionaire in a fortnight will sell their coins and move on, and the market will be devoid of these less serious people.
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April 17, 2019, 04:14:40 PM
 #126

Yes, your statement is right.I think newcomers specially feels, they can become rich within month using bitcoin.But this is not true and they get disappointed and blame bitcoin.Actually,I think bitcoin can show you some paths of earning money, if you have the Proper skill and dedication then you can earn money from it.         

Actually, this is one of the reasons why I say that a prolonged correction phase can be good for the health of the crypto-currency. Those guys who dream about becoming a billionaire in a fortnight will sell their coins and move on, and the market will be devoid of these less serious people.
Good point, without those opportunist the cycle will continue and the growth will be rewarded, this short term investors if won't earned in a quicker way will move away leaving the market to the real investors and believers who's always willing to wait for more adoptions to happen and this industry become useful to the entire financial society.
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April 17, 2019, 04:40:26 PM
 #127

Every market is cyclical. And cycles of crypto are getting longer and longer. But also stronger and stronger.
Don't get carried away. You will not get rich this year. Probably not next year. But in 5 years you just might.
Definitely I'm agree you. We can't get rich by bitcoin within one or two years. There have no way in this world which can make us rich quickly. I think we need to wait atleast 4-5 years then maybe it will make us rich.

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April 17, 2019, 06:58:33 PM
 #128

yes it is, compared to the corrupt world we live in, it is pretty fast....it is designed to enrich the individual by decentralizing money.

if you are already sick at $ 5000 per BTC, you'll be dead in the next bull run heheh  Wink
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April 17, 2019, 11:54:19 PM
 #129

you can getting rich fast with bitcoin, how? you can join the gambling site, with big risk your money will loss, but if you win you can get doubled bitcoin, so the point is if you want to getting big money you will receive the big risk

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April 18, 2019, 02:12:47 AM
 #130

you can getting rich fast with bitcoin, how? you can join the gambling site, with big risk your money will loss, but if you win you can get doubled bitcoin, so the point is if you want to getting big money you will receive the big risk

you got a point there . thats true . big risk means big rewards  but you are suggesting a gambling . we all know that gambling is also risky but the chances of winning is verry slim and once you loose you already loose your cryptos while on investing and trading on cryptos  . once the value of your assets drop , you didnt loose your capital permanently because you can still recover them as long as you have the patience to wait because crypto market takes alot of time to recover and increase  .
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April 18, 2019, 09:37:57 AM
 #131

Bitcoin is like a stock market. There may be inflation in the stock market, but there is no possibility of inflation going on in bitcoin. Many people collect or collect bitcoin for this. The price of today's bitcoin may not be fixed tomorrow. Bitcoin is a thing where prices do not usually decrease. Suppose you bought 1,000 dollars of Bitcoin and bought it. But this does not mean that you will become rich tomorrow, for that you have to wait. And then maybe your utility will succeed.

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April 18, 2019, 09:49:36 AM
 #132

Some people are actually right in saying that bitcoin is a way on getting rich on a fast way. Remember those people who bought before bitcoin reaches 19k usd? They proved that.
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April 18, 2019, 09:57:53 AM
 #133

I am sick of new people who are here only for bitcoin price, only for gains and still talking about price ... Everywhere i see like bitcoin will go to 100,000 USD or 1,000,000 USD, they only want to get rich fast but bitcoin is not about it ... Bitcoin is about freedom and privacy . I see us as some kind of warriors against governments and central banking cartels, we are here to claim our rights and freedom back! We are here to create powerful tools that give more power to individual against governments ! We are here to change our monetary system ! Every government basically corrupt, they dont care about other people, i think every politician should be representative of his voters , but i feel its like we are serfs ! Think about it ...
 
So being a warrior make you feel the determination of breaking what the government are doing against us?but you are certainly right on that budz,we must here to learn what cryptocurrency is all about and whats the difference from the physical form to virtuality.hope that sooner all of us here realizes what're we missing in this cryptospace opportunity
We never see that if bitcoin just to be use as an investment only by many users. Maybe it is not wrong because bitcoin can used like that, but you may know many people here or maybe has left this forum or he left bitcoin because they used it as investment place by they met a lost and make them hated bitcoin so as they never used it again. However, if many people knows that bitcoin is so easy to be use as payment system until they uses it and I believe just a little possibilities they intend to leave and hate bitcoin.

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April 18, 2019, 09:59:39 AM
 #134

Some people are actually right in saying that bitcoin is a way on getting rich on a fast way. Remember those people who bought before bitcoin reaches 19k usd? They proved that.
It's correct but it does not give the assurance that you'll be rich if you invest in Bitcoin and to add up Bitcoin isn't created as a form of investment but today it is used as a form of investment a risky type of investment and if a person plans to invest on Bitcoin he/she should research a lot and acquire plenty of knowledge about the crypto industry because this is not a money making machine that instantly turn a person into a millionaire or billionaire. The best thing to do is invest only the money that a person affords to lose and give everything that a person got. Cool

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April 18, 2019, 10:08:13 AM
 #135

Well we're all human, not everyone would think just like the way you've illustrated your view about bitcoin. But we all need to see beyond the investment and divert more focus on what bitcoin was created for which is freedom and privacy as you mentioned earlier. Most people are here to get rich asap but once it goes side ways they start tagging bitcoin as scam coin without knowing the ideology behind it. Bitcoin will only continue to live if people starts to see the vision behind it.

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April 18, 2019, 10:26:40 AM
 #136

Yes, your statement is right.I think newcomers specially feels, they can become rich within month using bitcoin.But this is not true and they get disappointed and blame bitcoin.Actually,I think bitcoin can show you some paths of earning money, if you have the Proper skill and dedication then you can earn money from it.         

Actually, this is one of the reasons why I say that a prolonged correction phase can be good for the health of the crypto-currency. Those guys who dream about becoming a billionaire in a fortnight will sell their coins and move on, and the market will be devoid of these less serious people.

Yes, when the prolonged correction still happens, it could eliminate people who underestimate of cryptocurrency so they will leave these places with desperately. They will not come back or thinking about cryptocurrency because they are done with crypto. But for those people who still have a dream to become a billionaire, they still stay at cryptocurrency and still trying to make money even it's hard for them to survive.

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April 18, 2019, 10:29:40 AM
 #137

Bitcoin is not really just a scheme for you to get rich instantly because you need a lot of time and effort for you to get rich and successful with bitcoin, but a lot of people do really have become rich and successful by buying and investing in bitcoin, that is why more people want to try to put all of their funds in bitcoin for them to experience having good income. Anyways, I am using the best trading platform for me to easily convert all of my fiats and crypto into bitcoin and vice versa, which it is called Darb finance where it is an exchange of fiats and cryptocurrencies and at the same time a wallet that you can safely store all of your funds. Lastly, bitcoin was created to allow people to by and sell bitcoin with different currencies and to improve the technology.
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April 18, 2019, 10:42:33 AM
 #138

I am sick of new people who are here only for bitcoin price, only for gains and still talking about price ... Everywhere i see like bitcoin will go to 100,000 USD or 1,000,000 USD, they only want to get rich fast but bitcoin is not about it ... Bitcoin is about freedom and privacy . I see us as some kind of warriors against governments and central banking cartels, we are here to claim our rights and freedom back! We are here to create powerful tools that give more power to individual against governments ! We are here to change our monetary system ! Every government basically corrupt, they dont care about other people, i think every politician should be representative of his voters , but i feel its like we are serfs ! Think about it ...
 


we believe that bitcoin is the solution of a currency free from banking monopoly.
however, there will always be people who think that investing in bitcoin will get rich quick, in fact the market does not always grow even when it falls in after an accident.
so all opinions about bitcoin and crypto I think will be very diverse. and you cannot prevent it

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April 18, 2019, 10:53:40 AM
 #139

Yes, It's a freedom, I agree with your word but, I think it's also not only freedom but also a way to be a rich man in the world. I believe, Bitcoin is the boss all of the economy now and then. So, why I shall leave behind the word that it's the way to be a rich man. Yes, It's also true that it's a highly risky market but we know "no risk, no gain".

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April 18, 2019, 10:56:26 AM
 #140

It will depend on how lucky you are and how the way yoi invested bitcoin. Of course taking risk would let you earn huge profit by investing in bitcoin while still cheap and besides taking risk also knowing that bitcoin could go down for more and we could not predict to it. It is very to predict the market price of bitcoin. Bitcoin alsonhas high volatility this can lose some.of your coins if you are trading.
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