Cryptocurrency, now a fast rising trend!

[Rruchi man]

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.

[mk4]

(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.

In which.. applies to pretty much almost everything. A richer person can make more money in business because he/she can take more risks and have more money to grow the business.

With trading though, having more money can make you more money, but can also make you lose more money. As long as a person actually knows how to trade well, that person could be "rich", even if he/she starts with a very low amount.

[CryptopreneurBrainboss]

In addition to what Mk4 said, lets not forget it takes courage to be willing to risk the funds you currently have when trading. We have users that have more than the funds you used in your example and yet they leave it lying in the bank or some "safe investment" as that's why they're been told or feel. A popular example is gold, steadily it's becoming a boring investment but yet we still have those that'll choice it over more profitable investment like Bitcoin.

For the last years bitcoin has always outperformed every other asset class and yet we still have people that downplay it as not a safe investment. You funds are more safe in bitcoin than any other assets out there. That been said you should understand that it isn't just about the money you have but how you utilized it to create more that's all that matters.

[Gozie51]

We can also understand that Rome wasn't built in one day and a day started a story. The big and rich people today, most weren't born with silver spoon. They mainly started building gradually, therefore, the lesson of starting small.

One thing that we need to know about making it by gradual process is that we have to be courageous enough not to be greedy because anytime we get greedy to take bigger risk or unnecessary risk that we can carry, any fall in that means coming back down which isn't a good story always. So we can be rich also if we take the right gradual steps.

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

I don't agree totally to this. I can agree that with good plan, waiting and luck, a good project can build your few coins into wealth. We see bitcoin, ethereum, bnb and many other high priced altcoins or currently dogecoin ( ). Just 10 btc is how much 

[herurist]

without plan? Is having crypto not from the plan?
the plan is diverse buddy.
but honestly, I am very happy with the conditions in which crypto is already known by everyone. not only rich people, even simple people already know what crypto is. and they try to try their luck by gathering determination and capital as they are. it is evident from the people around me. they feel this is a way to contribute to the growth of digital assets.
that's the most important point, where people no longer think crypto is only for the rich. because in crypto, anyone can have the freedom to be in control.

[mk4]

without plan? Is having crypto not from the plan?

I'm guessing what OP meant is holding cryptocurrencies without knowing what you're actually holding, and when to get out and take profit on temporary, short/mid/long-term trades. Because obviously, not every single cryptocurrency is going to survive the long-term.

[Insanerman]

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

The "small" already explains that you will not get rich with it. Also, i don't know why you said "or more" as it also lies on having small fractions of many cryptos. Hence, I prefer the suggestion of "holding 2-3 coins" and use your whole capital on those coins to see your gains. Which then would rely also in how much capital you started. Small capital, small earn. Huge capital, huge earn. UNLESS, you use leverage in trading. Which can make your 1USD to 50USD in just days of proper positioning and maximum leverages.

[sujonali1819]

(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.

Yes, this point is applicable for both real and virtual life. Rich men goes to richest and poor goes to more poor.
This actually happen in trading when the lower capital trader expect bigger than what actually he should according to his capital. But the man who has a big capital his expectation is not too big according to the capital. Because when a trader with 500$ get profit 50$/10% is good for him. But if the trader with 50$ want to earn about 50$ more then he have to gain 100%. Most of case this could not happen lower capital trader lose all the fund slowly.

[Mpamaegbu]

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.

This has become a trend every four years or every post Bitcoin halving year. We saw that in 2017. We see it now in 2021, and speculatively we shall see it again in 2025. My question has always been, "Why do people have to wait to chase price?"

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

Well, that will depend on what token/coin one is hodling its fraction. Hodling a fraction of YFI or BTC is still something substantial in value. Notably, hodling tokens with less price value won't amount to anything unlike hodling the above two I mentioned, quite alright.

(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.

Your analysis is spot on!

However, investing bits of cash most times isn't as a result of no capital for the investor. It could either be as a result of skepticism or fear of losing. Those who invest heavily are the risk takers, not necessarily the rich.

[airdata]

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.        

[JooBra]

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.        

Crypto is rising trend cause all have option to earn money and change their life. Just a bit of research and being smart about investment can make you a good amount of money. There is also the other side since someone is losing too and those are usually people who follow hype and others.

[Kasabus]

(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.

Yes, this point is applicable for both real and virtual life. Rich men goes to richest and poor goes to more poor.
This actually happen in trading when the lower capital trader expect bigger than what actually he should according to his capital. But the man who has a big capital his expectation is not too big according to the capital. Because when a trader with 500$ get profit 50$/10% is good for him. But if the trader with 50$ want to earn about 50$ more then he have to gain 100%. Most of case this could not happen lower capital trader lose all the fund slowly.

Not only in trading but even in all aspects of business, rich people have higher opportunities to maximize their profits and make them even richer. The same thing applies in trading. But the only advantage in trading is if you know how to manage your coins and can do trading well, you can still generate good profits and makes them bigger if you apply your skills and strategies in trading without having fear of losing that may happen anytime.

[Imran232]

Crypto currency is still underrated and this is just a beginning of trend. That day will be a success when every people from all over the world know about bitcoin like there own fiat currency. Every people's phone will have a bitcoin wallet. It will happen and we will do it. Like my friends those are didn't know what is bitcoin. When they listen bitcoin name for the first time from me they asked me is this a English movie. Then i laugh and explain them about bitcoin about satoshi nakamoto. Then they laugh but after 3 years when they saw my success here now they also comes into this platform and they always ask to know some features and if i know about that theb i explain or we will find about that together. And now we have almost 20 members team in my village. That is trend for ny village and for our teen too.

[boyptc]

I don't agree totally to this. I can agree that with good plan, waiting and luck, a good project can build your few coins into wealth. We see bitcoin, ethereum, bnb and many other high priced altcoins or currently dogecoin ( ). Just 10 btc is how much 

Yeah, those were cheap before.

But because of the trend that it had got and the value of it seems to be unstoppable in rise, keep yourself to be determined by owning even if with a small fraction for a start.

[LUCKMCFLY]

Remember that this is a way of looking at the Crypto market, it is not that everything is like that, if you think about any person who buys something from Crypto as an Altcoin it can give benefits over time, when it has had corresponding maturity and according to The stage of the market in which it is, the ideal is that it is in the accumulation stage so that when the benefits occur it will be in full bullish trend stage at its maximum point, this is determined by Bitcoin.

I think that now the important thing is, that all this is directed in the direction of investment, it is very different from trading or market speculation.Everything changes if you are going to trade or speculate in the market because you must go in the direction that has the least resistance, taking advantage of these movements is that you can win.

[Mahanton]

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.

a. They should really be thinking off this way and wont really be expecting that much that they could be rich once they had made out some engagement.

b. This is the reality since rich people does have always the advantage when it comes to finances then its normal that they would be making more that into those average joes

c. Even to those knowledgeable ones, the odds on making yourself rich in just holding is still the same.So i can still make a shot on this one.

[el kaka22]

I do agree that it is a new trend. I mean crypto has been around for a while, and I have been here for nearly 8 years now, and I still count it as new to other people. In 2017 we have seen the whole world hearing about it for the first time, before that there were a few of us but not like 2017, it was literally on every TV channel during that period and that was the moment it break into the mainstream media so that was a huge one.

After that this last year when everyone was sitting at home bitcoin was doing records after records which created a huge deal and that is what I think is the real thing, it put on top of that 2017 because in 2017 everyone "heard" about it but this year many of them actually got into it. This is why I think it is a rising trend, yes everyone knows about it but more and more people are getting into it as well.

[Scripture]

A trend that everyone should watch closely because it changes from time to time, and I have to agree that this bull market attracts many fresh money, and that makes it more valuable. This rising trend is the result of a good services being offered by cryptomarket and I have to admit as well, that the hype of some tokens also attract newbies to start to learn about cryptocurrency, the mass adoption is happening now I believe and that’s good for the whole cryptomarket.

Anyway, you’ll not get rich by just owning a crypto you still need to work on it and achieve that goals through your crypto decisions, so don’t expect to get rich easily.

[Cherylstar86]

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.

It's hard to start at small capital these days, what's important if you're going to enter while price was too high don't just dump it too quick. Much better if have a contingency plan above all, long term goals should be set according to trend of what asset  you're still holding. Because if we just ignore different possibilities, nothing will happen on your finances but still not gaining a sustainable profit.

[GreatArkansas]

(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.

(....)
With trading though, having more money can make you more money, but can also make you lose more money. As long as a person actually knows how to trade well, that person could be "rich", even if he/she starts with a very low amount.

Yeah, in trading, most people there or those OGs in trading are started with a very small amount of money and they started to grow and multiply their initial trading capital.
Even how big or small your starting capital in trading, it doesn't matter. As long as you are a responsible trader, you can make your small trading capital larger.