Can cryptocurrency make anyone wealthy?

[damsix]

it takes some time to achieve all of that because all of them really need a process, and are not immediately rich.

maybe Bitcoin was not appreciated in the past, so everyone can have it easily, it's different for now Bitcoin / Cryptocurrency is hard to have because there are many enthusiasts.

[husanchaika]

Cryptocurrency can make us rich. I saw this on the example of my friend. He heard about bitkoin at the beginning, studied the market and invested. Time passed and he earned a considerable amount. If you understand well in the market and choose a good project for investment, earnings will not make you wait.

It turns out that your friend is a very wise man.
Actually, not only wisdom we need when investing or deciding in the market, often it is required more courage, than wisdom.

[Moykoy]

I saw this in my friend's example. He heard about bitkoin at the beginning, studied the market and invested. Time passed and he got enough money. If you understand well in the market and choose a good investment project, income will not make you wait.

[owmivmen]

For this reason, I am not sure that all crypto users can get rich just to do crypto business. if they cannot manage their crypto assets, they may get losses. doing business in crypto requires experience and understands the time to buy and sell crypto.

[Iconic]

so far, many people have joined Crypto and become rich. but that depends on the strategy of each person in the crypto world. therefore, good knowledge if joining cryptocurrency is very important.

[hoodie]

Naturally. Especially if you are very well versed in this and know exactly where to invest and how to make a profit. But this is not an easy process.

[SandiagaUno]

You are right, because many have proven it ... we only need to try and imitate what is done by people who are successful from cryptocurrency and become rich.

[Seerge]

In my opinion, whoever works seriously in this Cryptcourrency then that person will become a rich person. Because in this Cryptocurrency we can get a lot of money, starting from trading and investing in the long term. In addition to these 2 methods, we can also get coins for free, by participating in the ICO project.

[marksayson]

Somehow, the claim stands to be true. Cryptocurrency does not make anyone wealthy except for those ready to pay the price. What then is the price? The price here is when an individual is ready to learn the concept of the Blockchain technology, how to determine good projects/coins from potentially dead ones, how to invest in cryptocurrencies and receive good returns and many more. There are more to cryptocurrency than just mere entering it and making money.

What is your take on this?

It is possible, when the coin or the altcoin that you invest has a potential to withstand a higher price. But it is rare as of this moment, but still it is possible.

[arifrey77]

when talking about Crypto it is definitely about value, and when high value is sure to be profitable, but exchanges are not always profitable, sometimes prices will decrease. so I think crypto can be rich when it's expensive. and when a price decline can make a loss.

[boyplastic69]

If an investor has full knowledge about cryptocurrency and has learned a lot to understand the market movement, definitely this investor may have the chance to become wealthy. You need to be smart with your decision making in choosing cryptos for your investment as there are many scam ICO's and not so good alts in the market. I believe the key to become successful with cryptocurrency is knowledge and therefore people should have proper education before deciding to join in crypto investment.

[Michael]

Yes, i believe cryptocurrency can make people be rich if that person learns more about blockchain technology and all crypto tricks.
Cryptocurrency is not an instant way to get rich, but another way to get much money. Firstly, we must remember all things in cryptocurrency are full of risks. If we are not good at observing market developments with analysis, the risk of losing assets will be high.

[bhm45]

of course. it is always possible to be rich in crypto money. the things that are necessary for it to be absolutely smart and patient. It is important to follow the market well.

[marcsymons]

Absolutely yes, There are lot of ICOs that continue to join the market which means they are here because Crypto currencies are known a potential place to make your money to grow and to become wealthy. Of course people must need to learned about this investmemts first but the most important thing is their determination to become wealthy.

[Billion]

everyone has the right to get rich in their own way. but for me in crypto everyone who understands crypto and has an investment strategy will definitely get more money