Cryptocurrency, now a fast rising trend!

[Hypnosis00]

Like 2017 Bullrun, almost everyone is talking about crypto in a positive and full of hopes but as the market starts crashing, they'll be changing their minds and even think about the end of crypto. That particular scenario is also happening this time, more and more people had come in a positive way, thinking for easy money, and even without knowing about crypto, they just like jumping into the boat without a single knowledge of what they gonna do inside.

People are in FOMO and it was not a good idea. They are entering the market in hypes which is absolutely not the best time but that is their choice. I'll be expecting these people the first to step out once the market turns to bearish season.

[1714599211]

1714599211

[stomachgrowls]

Cryptocurrency is becoming more of a trend, almost everyone has heard about someone whose life changed for the better because of cryptocurrency, because of these shinning prospects,  many more are latching in to get the gains without first seeking to get the knowledge.

So Mr Z got rich from owning crypto?  that's what many heard, so many already feel rich because they have one small fraction of a crypto. What many many need to know is that,

(a) Having a small fraction of any crypto might not get you rich, to see real gains, try to procure "One" or more.

(b) Most times, only the rich can get richer from trading. Sounds very controversial, but think of this, if two friends follow a signal and enter a trade, one with $50 and the other with $500. If everything works out well, both will be in gains, but the profit margin of both individuals will be different. This Illustration further supports the claim that only the rich can get richer from trading.

(C) Hodling a cryptocurrency with no definite plans in mind might not make you rich. You might just have your initial capital dancing around a range of figures.

When you are completely noob into this market and you have seen someone purchased out a new car or a new house because of cryptocurrency investment profits then you would really be having those initial thoughts that you might really make yourself into the same situation if you do tend to engage or deal with crypto and in result you would be hurrying up and tend to invest without any ideas on what you are currently doing.

Until the time comes that you had experienced losses and thats the time you do say that this market is a scam and make out self realizations that this isnt something easy to be attain.

Those people you have seen that succeeded into this market are the ones who had risk out their money to make investment and of course it is bit needing some sort of gamble when you do deal up something into this space.

Cryptocurrency is really indeed a fast rising trend, not only do talks about investment or profitability matters but also into the means of its actual usage and relevance when it comes
to payment system which is totally different into those traditional ways that we know.

[AmoreJaz]

Like 2017 Bullrun, almost everyone is talking about crypto in a positive and full of hopes but as the market starts crashing, they'll be changing their minds and even think about the end of crypto. That particular scenario is also happening this time, more and more people had come in a positive way, thinking for easy money, and even without knowing about crypto, they just like jumping into the boat without a single knowledge of what they gonna do inside.

People are in FOMO and it was not a good idea. They are entering the market in hypes which is absolutely not the best time but that is their choice. I'll be expecting these people the first to step out once the market turns to bearish season.

those people who come into this crypto market without or very little knowledge usually are those that will end up hating or cursing crypto once they lost in trading. they have high expectations to begin with and thinking that this market is a get-rich-quick market. but once they are in, they will realised that there's more than meets the eyes here.
it is not easy to gain in trading if you have no knowledge about how it works.

[Fredomago]

those people who come into this crypto market without or very little knowledge usually are those that will end up hating or cursing crypto once they lost in trading.

It's been proven before, those who quickly jump when crypto pump last 2017 are the people who hated this venue of investment a lot, suffering from a heavy losses, they start to blame the market.

they have high expectations to begin with and thinking that this market is a get-rich-quick market.

Most of them are being allured by the quick pump, thinking that they'll also catch it up and runaway with sweet profits, only to realized that it's the other way around.

but once they are in, they will realised that there's more than meets the eyes here.

Sad but there are so many cases like this and for sure it might happen again with this current bull season.

it is not easy to gain in trading if you have no knowledge about how it works.

Learn the basic then keeps on enhancing your knowledge, you have a muc better tedge if you learn more deeper.

[Ararbermas]

People are in FOMO and it was not a good idea. They are entering the market in hypes which is absolutely not the best time but that is their choice. I'll be expecting these people the first to step out once the market turns to bearish season.

yes it's there choice and perhaps they know how risk it's to enter late in the market, especially when there's a bumped of price already, but we should understand whats their decision because of course there's a big reason for it. i know  usually they're just want a quick profits from that trend, its very obvious actually because of being late comers.

[Tomiwa_akin]

nothing beats having more and enough capital either to trade or invest. but this is soley base on your knowledge if you will make good profit or not which is what is important. for trading is majorly on your skils and knowledge, for investing its based on research. you can be a good trader and now a good investor.

[Kittygalore]

This is Hundred percent true that this Crypto currency changed many peoples life, now they are Millioner. Also many people still continue Earning very good amount from crypto.
I see that my friend make $33k usd in just one month from his Investment. It is too much money,  now his life has totally changed.         

33k USD is a lot of money to be honest especially in my country. That money could help you retire in your 30s and enjoy your life. I love that bitcoin is finally getting the attention that it deserves in the past 10 years, and I think that the prices from this point on is only going up with the continuous trend.

[DoublerHunter]

People are in FOMO and it was not a good idea. They are entering the market in hypes which is absolutely not the best time but that is their choice. I'll be expecting these people the first to step out once the market turns to bearish season.

yes it's there choice and perhaps they know how risk it's to enter late in the market, especially when there's a bumped of price already, but we should understand whats their decision because of course there's a big reason for it. i know  usually they're just want a quick profits from that trend, its very obvious actually because of being late comers.

^ I don’t think it is a good idea to invalidate the people who feel and enjoys their success even when it is just a small fraction. Bigger things start at small, we all know that. It is really irrational to compare the beginners and small-time holders to whales and rich people. They all have different phases and rich people started really small, as well and that is for sure. If the person only has $50 spare, then let him go in and earn from it. He does not need to wait until he gets fund and invest it. He has to start right away and learn from his mistake slowly and that would benefit him in the long term. I guess we all have the same approach anyway. It works for me and anybody else here.

[isaac_clarke22]

I would like to hear someday here in my local community that one got rich from cryptos and I would be hella surprised. There are still number of people shrugging off crypto and one wouldn't know that it would be the most convenient investment in their part during this pandemic.

~

It is almost like winning in a lottery for me actually.

[goldade]

Cryptocurrency is becoming more of a trend, almost everyone has heard about someone whose life changed for the better because of cryptocurrency, because of these shinning prospects,  many more are latching in to get the gains without first seeking to get the knowledge.

So Mr Z got rich from owning crypto?  that's what many heard, so many already feel rich because they have one small fraction of a crypto. What many many need to know is that,

(a) Having a small fraction of any crypto might not get you rich, to see real gains, try to procure "One" or more.

(b) Most times, only the rich can get richer from trading. Sounds very controversial, but think of this, if two friends follow a signal and enter a trade, one with $50 and the other with $500. If everything works out well, both will be in gains, but the profit margin of both individuals will be different. This Illustration further supports the claim that only the rich can get richer from trading.

(C) Hodling a cryptocurrency with no definite plans in mind might not make you rich. You might just have your initial capital dancing around a range of figures.

I absolutely agree with everything you wrote. It's just the absolute truth. People start using cryptocurrencies based on the testimony of someone who bought when the price was really low and sold when at a higher price to make profit and they think it's just a matter of buying low and selling high. They don't even understand how that works in itself.
You should, however, know that just like with cryptocurrencies, it is the same with every form of business. The rich would make more money because they can afford to buy more units of the same goods and can take more risks. That's not just some cryptocurrency thing. It's the same everywhere.

[Shasha80]

This is Hundred percent true that this Crypto currency changed many peoples life, now they are Millioner. Also many people still continue Earning very good amount from crypto.
I see that my friend make $33k usd in just one month from his Investment. It is too much money,  now his life has totally changed.         

33k USD is a lot of money to be honest especially in my country. That money could help you retire in your 30s and enjoy your life. I love that bitcoin is finally getting the attention that it deserves in the past 10 years, and I think that the prices from this point on is only going up with the continuous trend.

I agree that making a profit of $ 33k from investing in cryptocurrency is a very good achievement. If I worked in the real world, $ 33k would
take 2-3 years to earn. This is what makes cryptocurrency even more popular, because it can make huge profits and has succeeded in making
some people rich. Moreover, the performance of cryptocurrency this year has been extraordinary, almost all coins have increased very drastically.

[Lanatsa]

This is Hundred percent true that this Crypto currency changed many peoples life, now they are Millioner. Also many people still continue Earning very good amount from crypto.
I see that my friend make $33k usd in just one month from his Investment. It is too much money,  now his life has totally changed.         

33k USD is a lot of money to be honest especially in my country. That money could help you retire in your 30s and enjoy your life. I love that bitcoin is finally getting the attention that it deserves in the past 10 years, and I think that the prices from this point on is only going up with the continuous trend.

I agree that making a profit of $ 33k from investing in cryptocurrency is a very good achievement. If I worked in the real world, $ 33k would
take 2-3 years to earn. This is what makes cryptocurrency even more popular, because it can make huge profits and has succeeded in making
some people rich. Moreover, the performance of cryptocurrency this year has been extraordinary, almost all coins have increased very drastically.

Would really be giving out that kind of opportunity on making money that would surpass any traditional ways on earning income but somehow it does involved with some investment for you to take in.

This isn't something that you can get rich instantly and just like on having an ordinary business then you would need to work hard for it unless if you decided to hold something

then its upto your choice but that wont be guaranteeing for you to succeed.Its a little bit needing of some luck when dealing with crypto because not all would really be expectedly to rise up.

[Maslate]

snipped...

I absolutely agree with everything you wrote. It's just the absolute truth. People start using cryptocurrencies based on the testimony of someone who bought when the price was really low and sold when at a higher price to make profit and they think it's just a matter of buying low and selling high. They don't even understand how that works in itself.
You should, however, know that just like with cryptocurrencies, it is the same with every form of business. The rich would make more money because they can afford to buy more units of the same goods and can take more risks. That's not just some cryptocurrency thing. It's the same everywhere.

It is to find that more rich and influential people are not engaging in crypto. I don't know if they will consider this risky but these kinds of people can really afford to lose their money so it wasn't a big deal for them. But I don't think that will be in their mind, they might be thinking the positive and making this market another source of their wealth.

[Golftech]

This is Hundred percent true that this Crypto currency changed many peoples life, now they are Millioner. Also many people still continue Earning very good amount from crypto.
I see that my friend make $33k usd in just one month from his Investment. It is too much money,  now his life has totally changed.         

33k USD is a lot of money to be honest especially in my country. That money could help you retire in your 30s and enjoy your life. I love that bitcoin is finally getting the attention that it deserves in the past 10 years, and I think that the prices from this point on is only going up with the continuous trend.

I agree that making a profit of $ 33k from investing in cryptocurrency is a very good achievement. If I worked in the real world, $ 33k would
take 2-3 years to earn. This is what makes cryptocurrency even more popular, because it can make huge profits and has succeeded in making
some people rich. Moreover, the performance of cryptocurrency this year has been extraordinary, almost all coins have increased very drastically.

Those people who focus their investment inside this market and really pay attention using their time and knowledge,

they are now harvesting the success, there are lots of people who really enjoyed the benefits after knowing this venue

of investment, it's very possible to earn decently from this field, either you go for long or you do day trading, there's always

good opportunities.

[awik p]

snipped...

I absolutely agree with everything you wrote. It's just the absolute truth. People start using cryptocurrencies based on the testimony of someone who bought when the price was really low and sold when at a higher price to make profit and they think it's just a matter of buying low and selling high. They don't even understand how that works in itself.
You should, however, know that just like with cryptocurrencies, it is the same with every form of business. The rich would make more money because they can afford to buy more units of the same goods and can take more risks. That's not just some cryptocurrency thing. It's the same everywhere.

It is to find that more rich and influential people are not engaging in crypto. I don't know if they will consider this risky but these kinds of people can really afford to lose their money so it wasn't a big deal for them. But I don't think that will be in their mind, they might be thinking the positive and making this market another source of their wealth.

every rich person has their own thoughts and not all are involved in crypto. I think they still use market laws for those who do business in crypto. With the large amount of capital they have, it will certainly be easier to move the market, and there will be fomo with widespread news. After Fomo happened they easily made a profit

[martina14]

I cannot deny that most of the community who entered to this field of business industry became successful, but remember not all people who came here too become successful in the end. Therefore, there is still engaged with risk once you decide to find out your journey here. It is still need to careful and wise in terms of choosing coins you like to invest or trade it in the exchange. Up

[RealMalatesta]

Hodling a cryptocurrency with no definite plans in mind might not make you rich. You might just have your initial capital dancing around a range of figures.

I sort of agree with you. Because I am also holding bitcoin without any definite plans because I am believing into the future of bitcoin and I'm not finding time to make a plan for my bitcoin holding. Probably I'm not doing the right thing because in some sense when we are continuing holding without any plans that might lead to infinite holding or else anything might happen in the future which is completely out of our imagination.

Except bitcoin, what you are saying is 100% fixing to all other coins. When no other coin is promising like bitcoin and holding them without any plan might lead to disappointment over the time. Having some target and then booking profits might lead to at least some of mind in the end.

[Norkys.2020]

In my case I am new to this world, a friend from the Spanish forum introduced me to all this, every day I learn more and more, what I do most is read, although there are things that I do not understand much, especially the technical, but the It is trending at least in my country, it is increasing greatly, of course it is a third world country and with the highest inflation that exists, in the statistics it appears as one of the countries that has the largest volume of btc, I think that as the crisis increases worldwide the btc will shine brighter.

[Dadan]

In my case I am new to this world, a friend from the Spanish forum introduced me to all this, every day I learn more and more, what I do most is read, although there are things that I do not understand much, especially the technical, but the It is trending at least in my country, it is increasing greatly, of course it is a third world country and with the highest inflation that exists, in the statistics it appears as one of the countries that has the largest volume of btc, I think that as the crisis increases worldwide the btc will shine brighter.

Many people are looking for an online job right now due to the pandemic we're facing, especially in the third world country, and I'm sure they got interested in bitcoin or other altcoins while surfing on the internet. Cryptocurrency or bitcoin will be bigger and bigger every day as many companies, restaurants, or even some hotels accept bitcoin as a payment option. In the next few years, I'm sure many physical stores, restaurants, etc., will be accepting bitcoin as their payment option.

[sumant]

Cryptocurrency always has been a game changer in this world. With covid-19 is spreading in this world very fast. Community looking for online work, crypto trading line has emerged as a good money making opportunity. At present time only Cryptocurrency getting attention and earning more investor that's why crypto is on fast rising trend.