All in the name of money making

[dimonstration]

Almost everyone thinks that by entering the crypto space, they will get wealth instantly, even if they have to take huge risks. That's why many big investors who invest in several altcoins even buy DeFi coins to get big profits.

It's all about making profit, we don't put effort in buying or researching each coin if we're not into having profit, we should take advantage of these chances that we know how to trade or how crypto works so we can use it as our advantage being a early investor like what happens to those who buy bitcoin earlier and been able to prosper the gains of its price now.

[famososMuertos]

Only when you know what to do is when you diversify, meanwhile only a few actually understand that the crypto space offers more than just waiting for a buy and sell order.

There are individuals who do not have large crypto investments but generate daily sustenance as a result of managing their small investments, even startups.

come on!! that a crypto asset is not still so different than any investment in Fiat, the big difference is the way you get easy involved with a crypto asset and from how it would be done in an investment in Fiat.

And there is the great change of mentality that must exist in some people who get involved with the crypto world since it offers a world of investment opportunities that in the Fiat world was only available to a few.

[enhu]

If you know which project to invest, you should be able to get thousands when bullrun comes. i just need time though. Like they say in stock market, its always going to need patience and you will be battling with time. I have my experience of making good amount of money by waiting long enough.

But if you want the easiest where you can gain easy at short period of time, then just invest on BTC, you won't be scammed as well.

[JimboToronto]

Almost everyone thinks that by entering the crypto space, they will get wealth instantly, even if they have to take huge risks. That's why many big investors who invest in several altcoins even buy DeFi coins to get big profits.

It's all about making profit, we don't put effort in buying or researching each coin if we're not into having profit, we should take advantage of these chances that we know how to trade or how crypto works so we can use it as our advantage being a early investor like what happens to those who buy bitcoin earlier and been able to prosper the gains of its price now.

The biggest mistake you can make is thinking that being an "early investor" in some shitcoin is equivalent to being an early adopter of Bitcoin.

Your chances of large gains are still better with Bitcoin than with any altcoin even if you get in at the ground floor of that altcoin, unless you're one of the original scammers pre-mining it.

Sure, the days of 100k-fold profits (like buying for $0.25 and holding until it reached $25k) in Bitcoin are long gone but there's still lots of room for the price of Bitcoin to increase 20-fold.
___

There is only one Bitcoin. Everything else is a scam.

When Vitalik Buterin first spoke in January 2014 (at Decentral in Toronto) of his plan for smart-contract-based Ethereum, my alarm bells started ringing when he talked of pre-mining. I could have gotten in at the start but he wanted real Bitcoin, not dollars, and the whole affair seemed so sleazy. I'm glad I kept my Bitcoin. Bitcoin was based on decentralized peer-to-peer networking and limited supply. It was never conceived as a get-rich-quick scam. It was the child of honest cypher-punks.

Yes some people got quite rich from Ethereum. Anthony Di Iorio, who hosted that talk, reportedly became a billionaire at one point from being the principal backer of Ethereum, but how much real Bitcoin did he have to spend to do it?

Of course Vitalik made a ton of money but he was the principal scammer.
_____

The main reason any shitcoin increases in value is because its price is valuated in Bitcoin. Eventually Bitcoin leaves everything else behind.

[judeafante]

Many came into crypto space to earn money but some are too deep into making it big with crypto investment so they always feel like not getting enough when the coin they invested money in pumps high, they want to earn millions from a single project, I've seen few people ending up with nothing going down this part

The fact is you don't have to make thousands of dollars from a single project, they can always come from different projects, also it's wrong to depend on a single project

If you are investing or a bounty hunter you are going to lose a lot if you are not diversifying, diversifying is the name of the game in the Cryptocurrency market, picking the right coin and deciding the right time to sell it and buying new coins with potential or old coins with good potential for pump.

[exstasie]

Yes some people got quite rich from Ethereum. Anthony Di Iorio, who hosted that talk, reportedly became a billionaire at one point from being the principal backer of Ethereum, but how much real Bitcoin did he have to spend to do it?

Of course Vitalik made a ton of money but he was the principal scammer.

Who got scammed?

There was a time when I was a hard line altcoin hater, especially when it came to Ethereum. Over time it dawned on me: what does it matter if Ethereum isn't decentralized, or if it was pre-mined? The market clearly doesn't care, so why should I? Ethereum fills a market niche that Bitcoin will not and cannot fill.

At the end of the day I am trying to accumulate BTC. Altcoins are a good way to do that. The key is to avoid holding them most of the time (), and to pile in only during ALT/BTC bull markets.

Just watch what happens when ETH/BTC finally breaks above multi-year resistance ~0.04, after 2+ years of accumulation. It's going to be epic.

[7788bitcoin]

And there is the great change of mentality that must exist in some people who get involved with the crypto world since it offers a world of investment opportunities that in the Fiat world was only available to a few.

The only problem here is the unregulated market and hence you can see a huge number of scams taking place as well and anyone entering the market should understand the difference between token projects, established coins and now the DeFi craze and then there are fork coins that confuses the new investors and some are promoting them as the real bitcoin. So it is not an easy route to understand for any new comer and the risks are much higher than the stock market.

[Quidat]

Many came into crypto space to earn money but some are too deep into making it big with crypto investment so they always feel like not getting enough when the coin they invested money in pumps high, they want to earn millions from a single project, I've seen few people ending up with nothing going down this part

The fact is you don't have to make thousands of dollars from a single project, they can always come from different projects, also it's wrong to depend on a single project

Majority of those people who did just recently jumped in into this market for that sole reason are to those people who had been hooked up to join this place due for they have
seen those big profits that they had looked in social medias or youtube or messaging platforms about investment with big returns.
Having this kind of aim or goal in mind is just typical for most people on this market which is common and its hard to resist not for you to look for it.
We can possibly make tons of profits on here if we do things right but of course it would really be needing some sort of luck
because not all will really be successful.

[sayaya17]

Many came into crypto space to earn money but some are too deep into making it big with crypto investment so they always feel like not getting enough when the coin they invested money in pumps high, they want to earn millions from a single project, I've seen few people ending up with nothing going down this part

Some people, perhaps beginners always assume that investing in crypto is the path to rich. And this assumption is  common if  crypto is
bullrun like what happens to bitcoin behavior today. I’m sure a lot of beginners go into the crypto market when bitcoin is at the pump as
it is now. And they’re hoping to double their money. Even not only beginners who are always greedy, but we will  also be made greedy if
bitcoin continues to rise like this. We can’t know for sure when bitcoin will go  down.  So  many still hold  bitcoin and  benefit a lot if until
now we still hold it

[eaLiTy]

There was a time when I was a hard line altcoin hater, especially when it came to Ethereum. Over time it dawned on me: what does it matter if Ethereum isn't decentralized, or if it was pre-mined? The market clearly doesn't care, so why should I? Ethereum fills a market niche that Bitcoin will not and cannot fill.

I am not keen on the token market as well as the DeFi scene and i hated them and hardly invested anything in those markets for a long time and when i invested it burned my hands but i never hated the alt coin market altogether and everyone was exciting when Litecoin came into existence and it was a fun alternative and the rest of the other coins that came into existence were fun and not taken seriously and the introduction of ETH was really hyped and being a long time BTCitcoin user i registered again in the forum because i invested heavily during the initial ETH ICO.

The market clearly does not care whether the coin is decentralized or pre mined and so was the reason XRP was able to generate investors and now the authorities started chasing them and you should expect the same with other centralized coins and pre mined coins as well as privacy coins as the authorities will force the exchanges to delist those as well.