CRYPTO IS NOT A GET RICH QUICK SCHEME

[lienfaye]

I don't know why people come to the crypto world and hope that they can be rich instant. Maybe they see videos or read some articles about being rich because of crypto.

Thats probably the case. Many people engage themselves in crypto because they think its easy to earn here especially during bullrun season wherein majority of coins are soaring high including meme coins.

They became interested to join the hype and not aware of the risk. Having no knowledge and didnt see the bearish season to come thinking coins are only moving upward. This is the reason why many investors experience losses, buying at peaked price and panic selling after bullrun is over. Imvesting in crypyo is not really a rich quick scheme, but the good thing about experiencing to lose is, you realize what your mistake is and learned a lesson from it to do better the next time you invest.

[samuraijin]

Who doesn't want to get rich quick , rich people are still looking for income to get rich, so the conclusion is getting rich requires a process if something is instant it's luck and things like that are very rare, CRYPTO can be said to be a get rich quick scheme and poor, remember the risks that have an impact  very high can profit and loss

It all depends on their individual nature, how they manage their finances when they get something in crypto, for example opening a business like a small cafe, selling clothes and others, if you think crypto is a place to be rich, I think it's just the thinking of ordinary people who have ambitions , and without knowing the risks in the crypto world, so that's why many people are disappointed with crypto, because they don't want to ask people who are experienced in Crypto..

[doomloop]

I don't know why people come to the crypto world and hope that they can be rich instant. Maybe they see videos or read some articles about being rich because of crypto.

Thats probably the case. Many people engage themselves in crypto because they think its easy to earn here especially during bullrun season wherein majority of coins are soaring high including meme coins.

They became interested to join the hype and not aware of the risk. Having no knowledge and didnt see the bearish season to come thinking coins are only moving upward. This is the reason why many investors experience losses, buying at peaked price and panic selling after bullrun is over. Imvesting in crypyo is not really a rich quick scheme, but the good thing about experiencing to lose is, you realize what your mistake is and learned a lesson from it to do better the next time you invest.

Unfortunately that is pumped by all these "influencers" and "kol" people who are pumping silly stuff and showing how "easy" it is to become a millionaire. I can find one hundred examples of people showing just a few dollars turning into thousands or thousands turning into millions and many people keep on believing that. This is why I believe that we shouldn't really be worrying for what others thing since they may or may not think that they could be a millionaire, that is not important.

But, you know how you could be a millionaire? Just invest for 20 years, as much as you can, and you will end up with some kind of profit in the long run, since bitcoin is a long term thing.

[Luqman]

only patience and endurance can help increase your balance.It is important to understand that by buying one or two coins you will not get rich in any case, you need start-up capital, it seems to me that the times when any token can shoot have passed.And we need knowledge without them now nowhere.

No man, patience is not enough.

Alright, patience is only one of the key points in crypto investment or trading. By patience, we will be calmer, wiser, and also not give up on facing this marketsituation. If we are impatient, it may lead us to have a harder time, being stressed, and also frustrated because of the very dropped price so far.
However, in facing this market situation, it is not enough with only patienet. We must be responsible for what we have been doing, making our own responsibility, getting better to survive during this crash market, and also getting the right strategy due to this recent situation. It means that patience can suport us in the term of investment strategy and resonsibility

[n0ne]

Everyone wants to be rich and live a prosperous life. It should be considered as a perfectly normal thing for people to approach cryptocurrencies or other investment instruments with these thoughts. But it should not be forgotten that only those who are patient can have the opportunity to change their life one day. Bitcoin investors in the past are full of examples of this. Also, getting rich quickly can cause our character to deteriorate. Immature people cannot bear wealth.

Agreed on the fact cryptocurrency is a way to make yourself rich. For the same patience is much required. Most of the time users get into the market hearing the words of other people. This won't work all the time. One needs to understand and then make the investment. Just because cryptocurrency investment brought big profit for the person next to you, it doesn't mean you'll also experience the same.