nxnqauff
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Activity: 840
Merit: 17
PG-PAY Gold Backed Token
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September 28, 2019, 08:02:04 PM |
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Lots of people think crypto is new way to become millionaire overnight. But this is not true if you see how market is behaving. Golden old days are already gone where you get lots of legit free tokens or coins for free which inturn gave good money.
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cherryganda
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September 28, 2019, 08:08:52 PM |
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All new comers are thinking the same way that cryptocurrency is the best access to be a rich in just a short time. Well Crypto is not that lucky go lucky, we are here with brain and knowledge to use, if you want to be rich then you need to be smart!
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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September 28, 2019, 09:07:57 PM |
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Is crypto included in the ponzi scheme to get rich quickly? in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.
This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.
but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.
i don't know what points you mean, but when it comes to options for getting rich then there will be many options available but one thing you have to understand is that there are no options for getting rich quickly or even just overnight. alright, you still believe that option but i'm not sure that option is a legal option, because to get rich it takes a long time and struggle
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irixo10
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Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
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September 28, 2019, 09:41:44 PM |
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Those who are yet to understand how the crypto space works are the ones who will think it is a get rich quick scheme, and most times they are always disappointed and also, they are always the ones to say unwarranted things about this space. The issue is, for example, if trading isn't working for you, try holding; if that isn't working as well as try IEOs but in each cases bear in mind that there are underlying risks. Furthermore, I think sticking to one option isn't good, it's better to explore more with the right knowledge.
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bigcash2011
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September 28, 2019, 09:47:41 PM |
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There have been some lucky chaps who entered crypto market just before the last parabolic run and took profit near peak and these kind of people were also there before earlier bull seasons, so yes their have been many life changing success stories and quick rich success stories in crypto market but overall i would say that if crypto is highly profitableit can also result in huge loss. The simple formulafor success in this market is to try to pick couple of top coins from the dip and hodl for long and take profit when you think that price has reached the peak and then repeat it again.
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wendiar19
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September 28, 2019, 09:54:45 PM |
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Is crypto included in the ponzi scheme to get rich quickly? in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.
This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.
but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.
I had the same thought when I first learned about crypto, and I realized it when I suffered a loss. I think that kind of thinking is really wrong and it's a natural thing for many newbies to think like that. crypto is not ponzi I'm sure of that
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Rufsilf
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September 28, 2019, 10:06:49 PM |
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Is crypto included in the ponzi scheme to get rich quickly? in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.
This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.
but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.
I had the same thought when I first learned about crypto, and I realized it when I suffered a loss. I think that kind of thinking is really wrong and it's a natural thing for many newbies to think like that. crypto is not ponzi I'm sure of that We can't blame others because that is most likely people's impression about crypto and even us but our mind is already enlighten and we know that we are totally wrong. We suffered losses that are because that is the fact about crypto and it actually we have to experience that for the sense that it helps us to educate our self and to know that we did something wrong. If we are an open-minded person, we might be able to accept the market challenged and not easily bored or shows depression for the reason that we just lose in one or two. Stick to the thing that what we believe is true and crypto means nothing but a profitable engagement.
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Danslip
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September 28, 2019, 10:09:46 PM |
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Most newbies think that way. Just because a lot of people had earned decent amount of money last bull market, it doesn't mean that the market will stay that way. The market is complicated and it is difficult to speculate. The reason why newbies who jad invested their money on crypto and had lost it due to FOMO stays away from crypto. All investment requires risk, and no investment would guarantee you a great return.
Yes indeed, there are a lot of new investors, who are in the same opinion and more than your opinion from the last bull run most people earned multiple money and they think it never will happen again. But in my opinion and of course, as you above mentioned, l would like to emphasize that such things must not be ignored that it is difficult to talk about it, on the other hand, l believe the market will not stay, it will change.
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retnoanjani
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September 28, 2019, 11:33:50 PM |
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This is a way of thinking that must be justified. Cryptocurrency is indeed profitable, but this is not a game or gambling. If you want to get the maximum profit, you have to do it with in-depth analysis, choosing the right niche, the right timing, so you can get the maximum profit. If someone offers you to send some funds and will multiply in a matter of days, of course, you have to be careful, it could be a fraud.
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Naughty Princess
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September 29, 2019, 12:17:28 AM |
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If you want to become a millionaire with crypto you better get yourself a time machine or find a worm hole somewhere, travel back to 2009 and start mining bitcoin. There are no miracles, this is the first thing everyone needs to understand.
No easy way of getting rich but still it helps a lot. Not being greedy and have a smooth study about the market movement. The bearish market thought that not all the time you can get profit but still trust the coin you invest with. Beware and avoid those who offers good amount because that might a bait and just a scheme of fraud.
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jcarlo
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Activity: 798
Merit: 10
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September 29, 2019, 01:43:34 AM |
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Is crypto included in the ponzi scheme to get rich quickly? in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.
This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.
but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.
In the market, investors can liquidate their assets and disburse profits and this practice is common and not a ponzi scheme. In the cryptocurrency market there is always trading and there are buying and selling transactions so it is natural that there are losses and profits and there are more types of investors to hold the long term and there are also speculative types
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joshua123
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September 29, 2019, 02:30:50 AM |
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These are thinking of the newbies that will enter the cryptoindustry. They thought that they can have more profits and income if they joined business related to crypto, but the truth is isn't easy at all as they say. Could be easy for some, but that needs a long over of experience especially in trading. Dont ever joined ponzi scheme that related in crypto, surely you'll bleed out once you realize it isnt worth any time and investment at all.
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aioc
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September 29, 2019, 03:14:11 AM |
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Is crypto included in the ponzi scheme to get rich quickly? in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.
This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.
but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.
People are investing what they cannot afford to lose and with their savings so they go for projects with a promised of a return of profit in a short period of time, this is wrong, the price is moving up because the platform attach to it is also developing and it will take time to attain this goal.
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jazmuzika217
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September 29, 2019, 03:29:31 AM |
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For in it depend on people who invest. But for me it is good to stick the same option because it is safe thing to do. But in switching another option is not a good idea for me. To make it more secured I think you need an additional activity to make another income because if youre goal is to become rich you need to have more activity and income.
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cahbagus555
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September 29, 2019, 04:53:02 AM |
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These are thinking of the newbies that will enter the cryptoindustry. They thought that they can have more profits and income if they joined business related to crypto, but the truth is isn't easy at all as they say. Could be easy for some, but that needs a long over of experience especially in trading. Dont ever joined ponzi scheme that related in crypto, surely you'll bleed out once you realize it isnt worth any time and investment at all.
It's better to avoid the ponzi scheme or money games because of the high risk. It's better to invest in altcoin that already has a product with a large transaction volume in the exchanger. Altcoin which does not have liquidity in my opinion will only bring losses, it's better to leave
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Lantind
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September 29, 2019, 05:26:12 AM |
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It's better to avoid the ponzi scheme or money games because of the high risk. It's better to invest in altcoin that already has a product with a large transaction volume in the exchanger. Altcoin which does not have liquidity in my opinion will only bring losses, it's better to leave
That's right, I agree with the advice you gave, because I myself have experienced losses through altcoin that does not have liquidity, so I strongly agree to leave altcoin that does not have liquidity and switch to altcoin that already has high volumes and products on the market. , because a lot of profit is always open for us to get through Altcoin which already has a good volume and product.
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Ss4sukE
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September 29, 2019, 11:40:13 AM |
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yes there is no way to get rich quickly, especially in investing in crypto. all have their own consequences, in this case I think that determines your destiny is your brain, I mean the expertise you have in the role of the crypto market. if you have skills that are rarely possessed by others I think you can be rich but not overnight.
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Ccscopst
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September 29, 2019, 05:48:29 PM |
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changing other options is a good way to get profits, it can be like trading or investing with bitcoin which is definitely safe and profitable.
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Barracuda
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September 29, 2019, 06:15:19 PM |
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yes there is no way to get rich quickly, especially in investing in crypto.
I agree with you, man. Nobody says crypto can make people rich in a fast way. In crypto, everything is full of risks, so don't expect that once you invest can make it rich. Actually, crypto is not only an investment, there are still many ways to be able to get a profit. And depending on which room you can get it.
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Krismanto
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HiveNet - Distributed Cloud Computing
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September 29, 2019, 06:33:08 PM |
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I believe that this crypto is an option to get a quick profit. I personally have done that and happened in 2017 to the beginning of the year 2018. Maybe for many people, the gains I get are still very small, but I am fortunate to be growing with crypto.
It is possible to make money now very difficult because the crypto conditions are not the same anymore as the year 2017. What you say right we should use common sense. That we don't have to wait long enough to make a profit. However, daily trading can be a great option.
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