Never invest in any cryptocurrencies!

[PerfectCircle]

Crypto isn't a get rich quick investment, if you are looking for get rich quick investment go for cloud mining platforms, MLM, Ponzi schemes etc but I can bet you that you will end up losing your hard earned money, learning comes first to make money in crypto

[1714693993]

1714693993

[Poppy_ALTStrader]

Invest in some new coins is not necessary. You can trade cryptocurrencies immediately, and again, and again. That way you will get a profit with each trade. But you need to it smart

[Shimmiry]

Crypto isn't a get rich quick investment, if you are looking for get rich quick investment go for cloud mining platforms, MLM, Ponzi schemes etc but I can bet you that you will end up losing your hard earned money, learning comes first to make money in crypto

People always have misconceptions about investing in cryptocurrencies because they think it is a scheme that will make you instantly rich when you start buying cryptocurrencies. They don't know how hard it is to earn in cryptocurrencies with trading, investing, mining, joining signature campaigns, etc. It is required for us to improve our skills and knowledge in every field crypto for us to earn a good profit.

[Dpat]

I request you plz, never comment this type of negative statement about the crypto investment. As, you know investment has some certain rules to follow and it involves risk. So, whatever be the asset class always follow your risk taking capability invest wisely.

[lienfaye]

Well many people engage themselves in crypto because of the opportunity to earn, its not bad to have a mindset that you want to maximize your earnings by investing right? However having a mindset of easy money because of greed and not taking time to learn is the problem.

Only invest if you understand crypto. Dont rely and expect of guaranteed return because investing is risky. Having high expectation can disappoint you if something went wrong since market is unpredictable thus study the market and the coins you want to invest in.

[gabbie2010]

I agree, many investors invest in crypto because wrong mindset "get rich quickly", so when he take loss, he not ready for that and will blame the projects. I see a lot of people doing this in telegram. So they have to change their mindset "crypto doesn't make rich quickly". Need knowledge, patience, confidence to become rich in crypto. And also lots of luck

If every newbie erase that impression of getting rich in crypto investment then cryptocurrencies would have even thrive well and better I saw met of newbies entering cryptos in 2017 at the peak of bitcoin thus buying blindly without any prior knowledge of cryptos unfortunately they rekt their funds swearing never to come near any crypto related investment again.
A newbie is expected to diligently study the market well and invest in coins that has the potential of pumping to 10X, 20X etc.

[Casdinyard]

I think most people approach crypto in the wrong way. With "get rich quick" approach.

If you come to crypto with such an attitude, you should never ever invest.

Honestly, that was totally agreeable because many people really think that getting in touch with cryptocurrency could get you into the path of having an easy money or easy earning upon engaging. But when they have already come up into the scenario of first starting to understand what the real deal on cryptocurrency is, they seems to be out of their mind and impatient to get into deciding to invest to any crypto.

That was totally the misconception among people who are just new into cryptocurrency and just have heard about cryptocurrency from somewhere and does not have any prior knowledge about it. Many new investors end up failing on their investments because they are too impatient and wanted to see instant results. If that would be the attitude of an individual, well honestly he must never invest into any cryptocurrency as long as he doesn't understand anything about investment. Cryptocurrency in general is not that easy as ordinary people think it is. Crypto industry is not the path on getting "instantly rich" because there is no such thing as instant.

[Oppo57]

I think cryptocurrency can be no bad way to earn money. Many people have bad ideas about cryptocurrency. I think cryptocurrency is not a medium to get rich quick. So first learn about cryptocurrency then invest.

[Kopetunto]

I'm sure someday you can regret not investing in crypto currency, despite the fall in the price of Bitcoin from $ 19000 to $ 9000, Bitcoin still has great potential to penetrate $ 19,000, investing now is a perfect time

[shadowduck]

Yep, I also thought that I will be rich if I invest in cryptocurrency but I invested a shit coin lol.. In reality it is not easy to make money in crypto, patience must required here and the important thing is do your own research.

your own research is important, but the most important thing is never to invest all your money in one coin, even if you are sure for 100% in this coin. This was the most important problem for new people in this market and will remain for a long time.

[swordking]

Newbies think that in the cryptocurrency field you can immediately start earning, but unfortunately, without any knowledge, this is impossible and therefore you need to first study the possibilities of cryptocurrencies and the entire cryptocurrency sphere in order to start earning in this area correctly and successfully.

If you want to generate money thought out these platform then you must have to become eligible to get a better understanding of how do things got work here. Therefore you must have to gain knowledge as well as experience here and after that, you will get a better way to generate money through your work.

[LuciferMorningstar]

So how do you make people not holding it as 'an investment'? Seriously, anything holds a little bit of value can be used as an investment and there is nothing you could do about it. Much less than cryptocurrencies with high value and a greater chance to earn profits.

[Jocuserious]

I think cryptocurrency can be no bad way to earn money. Many people have bad ideas about cryptocurrency. I think cryptocurrency is not a medium to get rich quick. So first learn about cryptocurrency then invest.

First point It’s just a dream that wants to get rich quick from cryptocurrency. second point think from your own opinion and invest very little money when new you’re in cryptocurrency market. Third learn the latest patience because some tokens will give you tensions but no nedd worry because you can overcome later.

[Slingshot]

I would say crypto is about luck, a project can make one millionaire but I get your point anyway as patience is really needed in Crypto if you a project dumps on anyone it's good to have patience and watch it grow back than selling and recreating or pointing crypto to be evil. Let's get it and understand what's all about.

[Golftech]

I think cryptocurrency can be no bad way to earn money. Many people have bad ideas about cryptocurrency. I think cryptocurrency is not a medium to get rich quick. So first learn about cryptocurrency then invest.

You have to learn first and make sure to enhance your knowledge for you to enjoy all the benefits that crypto is offering.

First point It’s just a dream that wants to get rich quick from cryptocurrency. second point think from your own opinion and invest very little money when new you’re in cryptocurrency market. Third learn the latest patience because some tokens will give you tensions but no need worry because you can overcome later.

No one should think like this, maybe wayback 2-3 years ago, those lucky investors who invested with crypto and got the chance to enjoy
all the benefits, especially those who manage to take huge amount of profits., but now you need to live in realities that you needed to
invest more of your time to still enjoy the benefits.

[pixie85]

So how do you make people not holding it as 'an investment'? Seriously, anything holds a little bit of value can be used as an investment and there is nothing you could do about it. Much less than cryptocurrencies with high value and a greater chance to earn profits.

He thinks people are too hasty with their investments and shouldn't touch it if they expect quick and big returns.

I agree with that but I also am aware that greed is good. Greedy people are restless and are not afraid to wet their feet. You won't make money at all if you don't invest, so my advice is: try and don't be afraid. If it doesn't work out for you, it will not be the end.

[ife2020]

I think most people approach crypto in the wrong way. With "get rich quick" approach.

If you come to crypto with such an attitude, you should never ever invest.

On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?

Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)

Wouldn't the whole cryptoworld be way more healthy? What do you think about it?

To be honest, i think everyone gets involved with crypto currency trading and investment to get rich quick. The main disparity between the desperate investors and successful ones is discipline, a desperate to be rich throws all eggs in a basket without a thorough investigation about success rate, while the disciplined ones are the comprehensive traders full of trading knowledge and skill.

[slashz9]

actually it doesn't need 1 day, but you have to wait to get in at the right time, and it can come faster than other value gains such as stocks, mutual funds, etc.some examples of altcoin can go up to 100% a few days or rather 1 week, so actually you don't have to wait long if you enter at the right time.

[cabron]

If the price of BTC can spike up to $500 to $1000 and can also drop the same day, you can not really blame if any of us see cryptocurrency to be a get rich quick scheme. The more people see it this way since the scammers in cryptocurrency are attracting their victims the same way.

Although it can be explained in the best way possible that its about bid and sell orders in the market which fluctuation of price reacts wildly, we could help speculate since there are developmental news from teams which can make investors buying and shorting.

[vermigerous]

I agree about your opinion. But i think if there would be somebody wants to invest, the most preferrable thing to do is to learn much more about cryptocurrency business and the way it is to be earn, ecause the wrong with the people come to crypto investments is they think that cryptocurrency is a easy money scheme, which is very wrong, it takes hardwork and patience to earn in crypto.