People with quick rich attitude always mess up with alt coins

[FahriZah]

So many times i failed in crypto and i,m unlucky but anyone don,t know why i,m failure because every time i want to take quick profit for quickly rich and buy at high price & selling at very low price because that times i have no patience and always i think about quick rich so my suggestions please don,t take any risk however quich rich. No need gain within 24 hours and no Dream shortly Millionaire just keep patience and wait until to the moon if need 24 months as well better than loss your money.

[1714963832]

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[speeder]

So many times i failed in crypto and i,m unlucky but anyone don,t know why i,m failure because every time i want to take quick profit for quickly rich and buy at high price & selling at very low price because that times i have no patience and always i think about quick rich so my suggestions please don,t take any risk however quich rich. No need gain within 24 hours and no Dream shortly Millionaire just keep patience and wait until to the moon if need 24 months as well better than loss your money.

Yes, it must be accepted that success cannot be achieved quickly. People with a get-quick rich mindset tend to make rash decisions. Investing in alt coins is risky for the inexperienced and impatient. Only experienced people are able to make the right decision to invest in alt coins. When it comes to alt coin investing, it is natural to risk losing money if you do not take the right steps by thinking deeply about each investment project.

[Wiwo]

Most of those who get scammed are those same set who are investing in get rich quick schemes, there are always on then look out for the projects that will give them 100x return within a short pperiod  and in the end, they become victims of exit scams and many projects have ditched them for that,  it does not matter what the outcome of the previous investments is there are alwastill ready to jump on the next a bitcoin just because of hype and hunger to get free money.

Not knowing that cryptocurrency investment profitability comes from its long-term duration and if an investor is not patient he/she may end up losing their initial capital invested.

[Xampeuu]

So many times i failed in crypto and i,m unlucky but anyone don,t know why i,m failure because every time i want to take quick profit for quickly rich and buy at high price & selling at very low price because that times i have no patience and always i think about quick rich so my suggestions please don,t take any risk however quich rich. No need gain within 24 hours and no Dream shortly Millionaire just keep patience and wait until to the moon if need 24 months as well better than loss your money.

Yes, it must be accepted that success cannot be achieved quickly. People with a get-quick rich mindset tend to make rash decisions. Investing in alt coins is risky for the inexperienced and impatient. Only experienced people are able to make the right decision to invest in alt coins. When it comes to alt coin investing, it is natural to risk losing money if you do not take the right steps by thinking deeply about each investment project.

but to be honest, everyone initially wants to make big profits in a short time in hopes of entering the world of cryptocurrency. and after entering it, it was not in accordance with the previous wishful thinking. except for those who learn it first and then start investing. but after that they realized that wealth cannot be achieved instantly, it requires a process. only lucky people can grab it instantly, but even then luck can't be achieved repeatedly. that's what we have to understand

[justdimin]

Does everyone is reading what you have posted in the forum or does everyone hear from you? Unfortunately, not all, and even though some people read it, still commit mistakes by investing useless coins due to the influence of social media and some known personalities. I would say that no matter what we do, things like this will happen to someone else, especially for greedy people as it was hard for them to think twice. They can make decisions right away without thinking about the possible risk and losses that awaits them. And yes, it really happens...

Absolutely, even there is a lot of information regarding to this, not everyone will follow.

We will continue to see people who will be lazy and will still follow this kind of attitude towards this investment, thinking that by one luck
they will change their life forever, same concept with gambling. They are thinking that if they will invest with new project and that project will pump hard, then the money will multiply to the value that beyond their imaginations.

I feel like it could be a lazy method to just buy and hold for a long time as well and yet not many people think about that. Just put like 10% of your income every time you get your salary into bitcoin for 10-20 years and you will end up rich, I am not even kidding that is the only and the best way to get rich and it will make you rich without a doubt as well. And yet when we look at the situation there are so many people who think that it will not make them rich and they need to get rich so much quicker.

There are people who trust the influencers online and invest accordingly more than they trust the long term approach. I realized this would make me richer a lot earlier and it has turned my life to an amazing place for 2 bull runs in a row now.

[Pamadar]

Does everyone is reading what you have posted in the forum or does everyone hear from you? Unfortunately, not all, and even though some people read it, still commit mistakes by investing useless coins due to the influence of social media and some known personalities. I would say that no matter what we do, things like this will happen to someone else, especially for greedy people as it was hard for them to think twice. They can make decisions right away without thinking about the possible risk and losses that awaits them. And yes, it really happens...

Absolutely, even there is a lot of information regarding to this, not everyone will follow.

We will continue to see people who will be lazy and will still follow this kind of attitude towards this investment, thinking that by one luck
they will change their life forever, same concept with gambling. They are thinking that if they will invest with new project and that project will pump hard, then the money will multiply to the value that beyond their imaginations.

I feel like it could be a lazy method to just buy and hold for a long time as well and yet not many people think about that. Just put like 10% of your income every time you get your salary into bitcoin for 10-20 years and you will end up rich, I am not even kidding that is the only and the best way to get rich and it will make you rich without a doubt as well. And yet when we look at the situation there are so many people who think that it will not make them rich and they need to get rich so much quicker.

There are people who trust the influencers online and invest accordingly more than they trust the long term approach. I realized this would make me richer a lot earlier and it has turned my life to an amazing place for 2 bull runs in a row now.

If you manage to follow the right sets of investments while waiting for the bull run,

It manifested that when the right time comes, you'll earn a huge amount of profits, no secret as you deal with good research and the knowledge you earn makes you decide to invest in a good project that gives you the benefits.

Not an easy task, but if you manage to pick the right coin for sure, you will enjoy the surge pump, like what you mentioned. It's your
first hand experienced that's why you can really testify that it works for you.

[Silberman]

I feel like it could be a lazy method to just buy and hold for a long time as well and yet not many people think about that. Just put like 10% of your income every time you get your salary into bitcoin for 10-20 years and you will end up rich, I am not even kidding that is the only and the best way to get rich and it will make you rich without a doubt as well. And yet when we look at the situation there are so many people who think that it will not make them rich and they need to get rich so much quicker.

There are people who trust the influencers online and invest accordingly more than they trust the long term approach. I realized this would make me richer a lot earlier and it has turned my life to an amazing place for 2 bull runs in a row now.

Without a doubt a person doing that will become very wealthy after 10 to 20 years, but this is not something most people want or can do, and this is because the majority of them take a very short term approach to their lives, for them 20 years seems to be so far away that they simply discard this idea as they are unable to even make a commitment which lasts more than a few weeks, so taking this is into account they look for other investment opportunities that are more compatible with their personalities, and shitcoins seems like the perfect tool for them as in theory they could become rich in just a matter of weeks if they are lucky, however we also know the number of people which actually achieve this is very low, while the rest lose whatever money they had.

[bittick]

Most of those who get scammed are those same set who are investing in get rich quick schemes, there are always on then look out for the projects that will give them 100x return within a short pperiod  and in the end, they become victims of exit scams and many projects have ditched them for that,  it does not matter what the outcome of the previous investments is there are alwastill ready to jump on the next a bitcoin just because of hype and hunger to get free money.

Not knowing that cryptocurrency investment profitability comes from its long-term duration and if an investor is not patient he/she may end up losing their initial capital invested.

the key is always patience, i always seen someone that holds their coin dearly always make good fortune at the end of the day.
despite the fact that the coin being held is plummeting in value so long it still in the top ranked it will be fine.

[DeathAngel]

Very few people succeed with get rich quick type of thinking or hopes in any type of investment. For every one person you hear about who became a millionaire by investing $500 in an altcoin there are thousands who lost money.

It’s possible but unlikely to get rich quick. Be realistic & invest in projects you have researched extensively. Slow & steady wins the race. Getting rich is more likely a marathon, not a sprint.

[Teraboy]

Very few people succeed with get rich quick type of thinking or hopes in any type of investment. For every one person you hear about who became a millionaire by investing $500 in an altcoin there are thousands who lost money.

It’s possible but unlikely to get rich quick. Be realistic & invest in projects you have researched extensively. Slow & steady wins the race. Getting rich is more likely a marathon, not a sprint.

get rich quick is always possible though that with a big IF, if one is diligent enough in seeking coin with good potential and invests early which of course couldn't be done that easily.
still it's always just better invest normally and have steady growth of capital.

[Wiwo]

Snip~

the key is always patience, i always seen someone that holds their coin dearly always make good fortune at the end of the day.
despite the fact that the coin being held is plummeting in value so long it still in the top-ranked it will be fine.

The first thing is that a lot of the new investors or those coming into cryptocurrency are not ready to take that time and effort to learn how things work with invesnemrntnes in high-risk and volatile assets such as bitcoin and the rest of other coins in the market, and this lack of knowledge has resulted into impatience and fomo most of them and there tend to fall out of their mental balance whenever there is a shake in the price of bitcoin or other assets.

This unwise method and mentality all the time lead gullible investors into making some kind of financial decision that ends them in further losses.

[AmoreJaz]

Snip~

the key is always patience, i always seen someone that holds their coin dearly always make good fortune at the end of the day.
despite the fact that the coin being held is plummeting in value so long it still in the top-ranked it will be fine.

The first thing is that a lot of the new investors or those coming into cryptocurrency are not ready to take that time and effort to learn how things work with invesnemrntnes in high-risk and volatile assets such as bitcoin and the rest of other coins in the market, and this lack of knowledge has resulted into impatience and fomo most of them and there tend to fall out of their mental balance whenever there is a shake in the price of bitcoin or other assets.

This unwise method and mentality all the time lead gullible investors into making some kind of financial decision that ends them in further losses.

they will learn fast once their bankroll is getting depleted by theses alts. people need a lesson to learn quick in this market. they thought that this is their saviour but for sure a lot already woke up from the reality that this was not the market they thought to be.
and also, you can't learn those tricks overnight, it would take years and years of hard work. even long timers here are still learning as new markets and projects are emerging. there's no concrete path that you can follow in this market. this is why this market is very dynamic.

[Psynthax]

messing up because of their greed, they invest thinking they would flip their money into millions overnight when things goes wrong, they immediately take a cut loss because of the fear that their money gonna turn into thin air which is logical decision but just means that they truly lost their money.

[TastyChillySauce00]

Very few people succeed with get rich quick type of thinking or hopes in any type of investment. For every one person you hear about who became a millionaire by investing $500 in an altcoin there are thousands who lost money.

That's why it's quite similar to pyramid scheme.
A few people who bought at the bottom price will be rich while the next bayers gonna be losing their money but that's how altcoins are working right now. There will always be victims.
The question is always how lucky you are with what you have bought in altcoin market? that's it.

It’s possible but unlikely to get rich quick. Be realistic & invest in projects you have researched extensively. Slow & steady wins the race. Getting rich is more likely a marathon, not a sprint.

Majority of people saw crypto as quick rich scheme.

[gurunanakji777]

It is good to stay positive, but having a quick rich attitude is not advisable in the crypto market. Those who have a quick rich attitude often speak negatively about cryptocurrencies because many of them have failed to achieve wealth in a short period. Before purchasing any coin, it is essential to have some knowledge about the market. Many inexperienced individuals fall into traps by believing fake screenshots and similar tactics, so thorough research is always necessary if one wants to earn from the crypto market. It is not advisable to take risks for minimal financial gain.

[abel1337]

Most of those who get scammed are those same set who are investing in get rich quick schemes, there are always on then look out for the projects that will give them 100x return within a short pperiod  and in the end, they become victims of exit scams and many projects have ditched them for that,  it does not matter what the outcome of the previous investments is there are alwastill ready to jump on the next a bitcoin just because of hype and hunger to get free money.

Not knowing that cryptocurrency investment profitability comes from its long-term duration and if an investor is not patient he/she may end up losing their initial capital invested.

It's because projects that are prone to being a scam project are the one offering something luxury to the potential victims/buyers. They know that people want to earn fast money that's why they are saying it or declaring it that it will go to the moon soon, but it's the opposite because it's their intention to ditch their victims once they earned some money from the said schemes. It's important to asses each of our investment and don't believe on promises. Most promises doesn't come true in crypto. Saying a bold promises like giving you projection of prices pumps without any logical basis is just a pure talk. It's a red flag to be honest so don't believe in too good to be true offers.

[Pedrination]

Investing in cryptocurrency requires a nuanced approach that necessitates avoiding greed and impulsive decision-making. The volatility of the crypto market demands careful consideration and a realistic understanding of the risks involved. Many investors have suffered losses due to their optimistic and speculative tendencies, assuming that upward price trends will persist indefinitely. However, market downturns are inevitable and can catch inexperienced individuals off guard. It is crucial to educate and encourage novice investors to shift their perspectives, acknowledge the unpredictability of the crypto market, and actively seek guidance from seasoned experts in order to make more informed investment choices.

[Godday]

I prefer to call them "Greed". Yes it is one of human nature that makes them want to get rich as fast as possible and as much as possible.
A wise man will say that there is no evil and good in this world and I agree. We need greed for our ancient human instincts to get our needs met.
But excessive greed will lead you to the path of destruction and that is what happens with people who have a get-rich-quick attitude.

[Lagduf]

People were being motivated by some people who have become millionaire in a short time. They were trying their luck to gambling in the altcoin. It can be seen from how many hypes were coming when it comes to the altcoins at the time after listing.
That being said that if altcoins are the place for people to detrmine their future but they the greed played as the main problem here.

[huu78]

I have mentioned multiple times in past here that people should be cautious with alt coins. If some coin has moved up like 100% or more in just 24 hours, it does not mean that you should also purchase the coin. You should first understand the reason behind prices moving up. Then, you should also analyze the benefits and demerits of the project.

One such option has come again in safemoon. The coin has pumped more than 100% when they reduced fees from 10% to 1%. Now new investors are rushing to invest in this coin. This is the situation when the past investors in the coin are like in 99% loss of their invested value. But greed make people loose all senses I think. If you are still thinking to invest in safemoon now, think twice.

High volatility and rapid price increases, especially in a short period, can be enticing, but they also carry significant risks. Understanding the underlying reasons behind price movements is essential to make informed investment choices. Analyzing the project's technology, use case, team, community, partnerships, and market adoption can provide insights into its potential for long-term success.