Why the rush to gain profit in crypto?

[AYOBA]

A lot of people see Crypto currency as an agenda to get rich quick, well there are chances that it's possible, with the right investment and skill, but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.

Many people seeing crypto as a way of making quickly, but I don't blame somes since they're are unaware that better things do not come about easily. A person cannot expect to gain what they have not prepared for, thus learning about cryptocurrencies is the first step towards becoming an expert in the field. Those who genuinely want to become experts in this field must work hard to achieve their goals. Because they don't want to go through the drawn-out process, the majority of people's refuse to do that, which is why fraudsters always manage to take advantage of them. Being prudent when making investments is a smart idea in order to avoid becoming lost in the process.

[btc78]

I mean who does not want to get rich quick? If i also had the opportunity to make money and have the profit the next day, I would be happy but we all know that is not how the real world works unfortunately we need to have patience and all we need is to be hardworking and have perseverance

Those virtues also apply to cryptocurrency some people might think that investing in crypto is such an easy task however that is incredibly wrong investing in crypto has its own risks that you would have to study in order to actually make profit it can also be quite time-consuming so you really need to invest not only your money but also your time and knowledge

[Furious 7]

Everyone wants profit and when there's something to be gained quickly why think slow. At least that's the mindset that happens today but in the end when talking about crypto especially for bitcoin the concept is not like that.
But it cannot be denied that indeed until now the concept of instant wealth is still very much heard everywhere, especially for those who are really new to crypto, even everyone will definitely feel the same way before where the initial assumption that crypto is a quick way to make someone rich is a thought that often occurs.
Even though such a thing is not entirely wrong but it is also not entirely true because everything related to finance definitely requires a process to be able to be at the desired profit stage.

[Dzwaafu11]

  The crypto currency space is filled with a lot of positive and life changing opportunities, but it also have it's negative sides as well, especially to those who have little knowledge about Crypto currency, lately  there are a lot of fake influencers, fake media whales, scams, fake Airdrops especially on the social media that could lead new crypto beginners to invest their time and money on projects that would do them more harm than good.

You know that earning money from cryptocurrency is not an easy task because you must learn and pass many obstacles. That is why crypto has many sources of information, so for beginners to avoid scams or lack of knowledge in the industry, someone needs to get to know all these different sources of information. Regardless of how many they are, one should be able to find out some meaningful information about what they want to do, whether holding or trading it will help them.

You are right, influencers are also causing confusion to newbie investors joining the field. They easily get confused, and most of these people join crypto because a particular influencer advises or promotes a particular thing, whether a meme coin or another thing related to crypto, that they will invest money in. Those influencers are not explaining the whole thing; most of them only talk about the positive side of what they are promoting, which is very important to know, and they did not say the negative side.

[BigBos]

The most important rule to keep in mind is not to trust crypto influencers too much because that is a very important thing.
Keep in mind that influencers are also looking to make a profit for themselves so they will inevitably create machinations that ultimately benefit themselves. Unfortunately, in this case there are many beginners who are indeed consumed by the words of the influencers who are tricky.
What makes crypto bad in the view of new people is actually not only because they don't learn in detail so they take the wrong steps but the presence of crypto influencers also ultimately becomes one of the people feeling deceived and will consider crypto as one of the structured scams in the end.

[batang_bitcoin]

And it is the main thing that gets people on crypto, the ability to have quick gains because of its nature for being volatile. But having that reason as well makes them to fall quickly when they're not sure of what they're trying to do.

The most important rule to keep in mind is not to trust crypto influencers too much because that is a very important thing.

If you just go through with some discussions here, you'll see how many folks have been scammed by these crypto influencers. They've been shilled by some projects and told that it's going to give them some profit but they did followed and didn't get the result that they were hopeful for.

[ChiBitCTy]

The most annoying thing to me about this forum or just forums /social media sites in general when it comes to cryptocurrency or more specifically bitcoin, is the whole "profit" thing.   "How to profit" blah blah blah.  Yeah sure it's great owning bitcoin and making money from it with increases in price, but for me it's truly about the technology and what it brings to the table in terms of the blockchain, decentralized etc.

[sulendra12]

  People are desperate cause the feel like since everyone is making emphasis on the bull run, the fear of missing out makes them partake into fake airdrop and news.  A lot of people will want to capitalize on this opportunity to spread fake news and propaganda luring poor people to waist their time and resources. Getting the right information is very paramount in the crypto world, the right information will give you the right results.

It's always FOMO that causes most of the users are failing because they don't seem to know how to actually filter those. They think that if another users get decent amount by doing something then other people also free to do the same thing. But keep in mind, that if you are dealing with cryptocurrency if you miss 1 minute then the price would be changed. It's always the quick money making scheme mindset that's always make them fall.

[BigBos]

The most important rule to keep in mind is not to trust crypto influencers too much because that is a very important thing.

If you just go through with some discussions here, you'll see how many folks have been scammed by these crypto influencers. They've been shilled by some projects and told that it's going to give them some profit but they did followed and didn't get the result that they were hopeful for.

Therefore, I emphasize the first rule of not trusting influncers and the reason I have explained in my previous article that all are looking for profit including influencers who are definitely looking for the same thing in this case so they will definitely use their appeal with subtle words and the word "DYOR" which is always a mainstay at the end of the sentence only for their own benefit.

[CryptoHeadlineNews]

Getting the right information is very paramount in the crypto world, the right information will give you the right results.

The last statement you said above, just sum everything I needed to say regarding this whole issue, because just as this is not the first time people trying to take advantage of others when approaching the bull-run, it will definitely not be the last, hence, getting the basic knowledge about how to stay safe with crypto is the best decision I can advise anyone this moment,  because since scammers will always want to scam, been equipped will go a long way to prevent us from getting scammed.

[LogitechMouse]

Re: Why the rush to gain profit in crypto?

TBH, I don't know why investors think of cryptocurrency as "their way to be rich quickly".

Yes, we've seen projects that changed the lives of investors just by investing in that project. We've seen investors who made millions by investing in a meme coin. We've seen investors who are now millionaires just because they are lucky, but that doesn't mean that we all think that it will happen to all of us investors because the truth is, it's hard to know which coins will make you a millionaire. I believe it's all pure luck.

Rushing to gain profits in crypto often leads to losses, and I've seen investors who want to gain profits so quickly that they're resorting to futures trading even though they don't have any experience with it. Ending? They lose all of their initial capital just because of their greediness. Most of these crypto influencers also are misinforming their followers, and instead of giving facts, they're just shilling a project in their YouTube channel. I just saw a proposal on a very famous coin saying that they need to pay a very famous YouTuber so that the project can be shilled. I will not say the project, but it's in the top 20.

Overall, there's nothing wrong with the mindset of getting rich quickly, but at least balance it. Know which projects you are investing, in and which are not. I know that you can earn way quicker in crypto than in other investments, but don't make rational decisions that might lose your money.

[KiaKia]

Knowing is better than not knowing, if you are able to identify the dangers that awaits crypto investors you should be fine, do the right things and that's by learning always in crypto space, do not forget that scammers are also looking for new ways to scam people, that's why you must keep on learning.

The biggest place where crypto investors turned victim to scam are on social media, twitter on my mind here, that social platform is a living hell for genuine crypto investors, anyone can tag you, even those you trust will take advantage of you if you are not very careful.

I don't trust anything on social media anymore, now I prefer to stay away and use the right places to find answers to what I want, like this forum, coinmarketcap and others, if you want to escape most scam tricks stay away from Telegram and Twitter.

[RockBell]

I mean who does not want to get rich quick? If i also had the opportunity to make money and have the profit the next day, I would be happy but we all know that is not how the real world works unfortunately we need to have patience and all we need is to be hardworking and have perseverance

Those virtues also apply to cryptocurrency some people might think that investing in crypto is such an easy task however that is incredibly wrong investing in crypto has its own risks that you would have to study in order to actually make profit it can also be quite time-consuming so you really need to invest not only your money but also your time and knowledge

Getting rich has put a lot of people in problems, especially those who think they want to do a quick one by even taking a loan to invest in Bitcoin and start making a profit and that is why a lot of them will keep falling for scams just because of getting rich quickly. I know we all want to get rich and be financially free but some things are just too good to be true, we all need to start playing smart we all have an idea of how the Bitcoin market works so it should even be difficult to get scammed or even get liquidated. work hard and also work smart because the world is revolting and a lot of things are changing, so you have to be smart while making decisions about everything. and you know a lot of people believe that crypto is easy if the person is holding, but when it comes to trading bro not an easy task at all, anyone that tells you doing crypto is easy then you should stay away from that person because the rise and fall can make you emotional.

[edy_58]

A lot of people see Crypto currency as an agenda to get rich quick, well there are chances that it's possible, with the right investment and skill, but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.

Many people seeing crypto as a way of making quickly, but I don't blame somes since they're are unaware that better things do not come about easily. A person cannot expect to gain what they have not prepared for, thus learning about cryptocurrencies is the first step towards becoming an expert in the field. Those who genuinely want to become experts in this field must work hard to achieve their goals. Because they don't want to go through the drawn-out process, the majority of people's refuse to do that, which is why fraudsters always manage to take advantage of them. Being prudent when making investments is a smart idea in order to avoid becoming lost in the process.

For those who consider crypto as a way to make money quickly, of course they cannot understand it well, because if they can understand it well, of course they have to go through various learning processes to be able to make a profit from owning crypto and if they only consider it by owning crypto they I think this is very unlikely if they don't understand it well.

Yes, if they want to have expertise in the crypto field, of course they have to learn it to be able to achieve what they want, because without learning it, it is very unlikely that they will be able to make a profit from crypto, of course it is very important to be careful when making investments. Don't make decisions that result in losing the money we have.

[SOKO-DEKE]

  The crypto currency space is filled with a lot of positive and life changing opportunities, but it also have it's negative sides as well, especially to those who have little knowledge about Crypto currency, lately  there are a lot of fake influencers, fake media whales, scams, fake Airdrops especially on the social media that could lead new crypto beginners to invest their time and money on projects that would do them more harm than good.

Many folks who choose to follow this influencers on the internet are a group of individuals who didn't bother to learn about or understand cryptocurrencies before entering the crypto world to invest. Unfortunately, these are the same people who easily become victims of scams. I believe that if someone has a good understanding of cryptocurrency, they are less likely to follow the investment patterns of others blindly. Instead, they would take the time to conduct their own thorough research before putting their money into any project. Those who mimic the influencer's actions are usually beginners who are unwilling to put in the effort to learn and are searching for a simple way to make fast money. It's crucial for everyone to educate themselves before diving into the complex world of cryptocurrency to avoid falling prey to scams and making informed investment decisions.

 

A lot of people see Crypto currency as an agenda to get rich quick, well there are chances that it's possible, with the right investment and skill, but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.

When someone enters the world of cryptocurrency with the idea of getting rich fast, they set themselves up for potential scams. This happens because they constantly seek projects that promise huge returns, making them vulnerable to deceitful schemes. To genuinely steer clear of scams in the cryptocurrency industry, the first thing one should do is discard the mindset of quick wealth. Cryptocurrency doesn't operate like a magical shortcut to riches; instead, it requires time and patience. While some good projects might bring substantial profits eventually, the key is to stay patient and not expect quick gains.For instance, investing in a solid coin like Bitcoin may yield significant profits over time with steady patience and understanding.

  

People are desperate cause the feel like since everyone is making emphasis on the bull run, the fear of missing out makes them partake into fake airdrop and news.  A lot of people will want to capitalize on this opportunity to spread fake news and propaganda luring poor people to waist their time and resources. Getting the right information is very paramount in the crypto world, the right information will give you the right results.

During the Bull Run season, which is a time when lots of new projects start, it's a bit scary for me. Many projects pop up, but some may not be real or trustworthy. Exciting changes can happen, but it's important to be careful and check things before putting money into any project. It's like a special time when things can go up a lot, but we need to be smart about it. If you're new to this stuff, it might be a good idea to stick with what you know because the crypto world can be a bit tricky. Taking time to learn and be careful is super important so you don't end up in a not-so-good situation.

[HajiBagi]

I will tell you that 90% of crypto users who actually fell into scams of new projects were actually lured in by their own greed. Not only cryptocurrency but once you see an offer that seems too juicy and looks too promising then simply back out from it, because no one the internet loves you that much that they will want you to get rich. The cryptocurrency world actually paves way to earn some money either through investing into bitcoin or gamble into other Altcoins or simply trade which is risky too but all this are still made possible only when you have the knowledge. It’s only gullible people or greedy people that scammers get to sell their fake project to.

Nothing is more powerful than greed to mislead people. Greedy people lose out on opportunities for future gains, and this is especially detrimental to beginners. I have observed that many of the people who complain about cryptocurrencies are novices, who mistakenly believe that investing in cryptocurrency is a way to make money quickly. As a result, many of them fall victim to scams or purchase coins in which they have no idea how it will all work out. While there are risks associated with cryptocurrencies, if you understand them, you won't fall victim to scams or think of them as such.

[m2017]

  The crypto currency space is filled with a lot of positive and life changing opportunities, but it also have it's negative sides as well, especially to those who have little knowledge about Crypto currency,

Newcomers in any field (not just cryptoindustry) are exposed to more risks due to lack of experience and knowledge. Cryptocurrency is not an ideal financial instrument, but it provides incredible opportunities if you know how to use it. Even with the disadvantages of this.

lately  there are a lot of fake influencers, fake media whales, scams, fake Airdrops especially on the social media that could lead new crypto beginners to invest their time and money on projects that would do them more harm than good. A lot of people see Crypto currency as an agenda to get rich quick, well there are chances that it's possible, with the right investment and skill, but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.

Who said that this all appeared only recently? When I first created this account, the cryptoindustry was full of everything you write about and more.

  People are desperate cause the feel like since everyone is making emphasis on the bull run, the fear of missing out makes them partake into fake airdrop and news.  A lot of people will want to capitalize on this opportunity to spread fake news and propaganda luring poor people to waist their time and resources. Getting the right information is very paramount in the crypto world, the right information will give you the right results.

Those who are susceptible to fear, for example, of missing out on an elusive profit, are doomed to get into trouble and take great risks with their investments. In this matter, cold calculation is needed, and not haste under the influence of emotions. Only sound analysis and strict selection of reliable projects contribute to successful investments.

[Y3shot]

Getting the right information is very paramount in the crypto world, the right information will give you the right results.

The last statement you said above, just sum everything I needed to say regarding this whole issue, because just as this is not the first time people trying to take advantage of others when approaching the bull-run, it will definitely not be the last, hence, getting the basic knowledge about how to stay safe with crypto is the best decision I can advise anyone this moment,  because since scammers will always want to scam, been equipped will go a long way to prevent us from getting scammed.

Learning about about cryptocurrency is what can make you keep going in the journey of your investment,  knowledge is an important factor that can't be ignored when you are talking about crypto. Rushing to make money from crypto without getting the proper knowledge  is a wrong decision for anyone to take. In crypto every profit from investing or trading comes by having knowledge. Leaning to attain knowledge is the first step to take place before before investing.

[Miles2006]

Getting the right information is very paramount in the crypto world, the right information will give you the right results.

The last statement you said above, just sum everything I needed to say regarding this whole issue, because just as this is not the first time people trying to take advantage of others when approaching the bull-run, it will definitely not be the last, hence, getting the basic knowledge about how to stay safe with crypto is the best decision I can advise anyone this moment,  because since scammers will always want to scam, been equipped will go a long way to prevent us from getting scammed.

Learning about about cryptocurrency is what can make you keep going in the journey of your investment,  knowledge is an important factor that can't be ignored when you are talking about crypto. Rushing to make money from crypto without getting the proper knowledge  is a wrong decision for anyone to take. In crypto every profit from investing or trading comes by having knowledge. Leaning to attain knowledge is the first step to take place before before investing.

Aside from crypto investing I believe knowledge is needed in all aspect, even in different kinds of investment we need knowledge so just imagine an investor who is scared to learn and always talking about profit and gain, what do you think about that investor, in my opinion such investor can never make profit. Some Crypto investment are risky compared to bitcoin investment and some crypto don't even have potential, my question is how can someone differentiate between a crypto that has potential and the crypto that serve as a scam scheme, this is very hard to differentiate especially for people who are new in the game, don't listen to influencers promoting different kinds of crypto cause they're humans like us and they have their own opinion, that doesn't mean they're perfect or 100% right, in the crypto world despite what you've heard or learnt it's best to make your research first.

[Stable090]

  The crypto currency space is filled with a lot of positive and life changing opportunities, but it also have it's negative sides as well, especially to those who have little knowledge about Crypto currency, lately  there are a lot of fake influencers, fake media whales, scams, fake Airdrops especially on the social media that could lead new crypto beginners to invest their time and money on projects that would do them more harm than good.

There are lots of opportunities in the crypto space where you can’t make money, but you have to be very careful or you might end up falling for scams. Scammers are everywhere in the crypto space, and they will want to use any little opportunity that they have to scam people. That's why when you are looking for ways to earn in the crypto space, you have to be very careful and smart. What you might be calling an opportunity might end up being a scam, so make sure you do your research before involving yourself in anything.

A lot of people see Crypto currency as an agenda to get rich quick,

Most people that do see cryptocurrency as a get rich quick thing are newbies, and most of them do end up falling into the wrong hands. Most newbies are always scammed before they come to their right senses. Scammers are always targeting newbies because they believe they are the ones who will easily fall for their strategy since they are desperate to make money.

but before you venture into the crypto space currently you must be prepared with a vast knowledge of how to overcome this negative activities, cause it would help one to know the right choice of crypto investment as well as knowing how to detect scam project and fake influencers that could lure you into wrong investments.

Crypto space is not a place where you can easily make money. If you want to make money in crypto space, then you should be prepared to learn, you will never be tired of it, because in crypto space, learning is supposed to be a continuous process, so you will never get tired of learning.