Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on July 26, 2018, 03:31:19 AM
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Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.
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I agree. Because the crypto market is so volatile and any time there might be the big fluctuation of price. On the other hand, it is also possible to increase the price with a bull run. So, to get profit between this to trend one must have patience.
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It can offer riches overnight but it is by no means the standard. From my experience, lots of people want to have the same results as those who bought bitcoin 7 years ago for pennies and now are millionaires. They assume it can happen over a week, month, or even a year, all without realizing bitcoin took 7 years to get there. No one wants to wait the 7 years though, they want their money and they want it now, and that's extremely unrealistic. All that being said, it still can happen. Look at dragonchain, if you invested in that during ICO phase you would be 100x by now, and that's pretty damn insane returns. Ripple last year grew by over 350x at it's highest, even as a shitcoin. Either way, it should never be the expectation, people gotta be patient.
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Yes I agree with your opinion. All investment takes time and process to get maximum profit. there is no short investment except doing daily trading. it seems to me very risky if the beginner in crypto business.
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I think that's not possible, in crypto there is no instant thing. Everyone needs a process if they want to earn money as well as crypto. Crypto takes a long time to produce something.
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No definitely not overnight however few lucky investors found themselves with bags of money after investing in certain ico just around the December crypto bonanza thus actually it was sort of overnight santas visit :-)
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Nothing is instant if you invest in crypto. all take time to gain an advantage in investing in crypto.
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Ahhha LOL
if in my country the overnight wealth asks for money from the devil.
but in cryptocurrency there is no need for one night, if an hour of altcoins that you hold it rises 500% it will be wealth for you.
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in the crypto world there is no instant all need their own processes and processes that are fast and long depending on luck and to each individual's research and the most important patience
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The beginning of this year many people dropped to the Ground. The market has shown that there is no easy money and you can not just get rich.We need to develop, learn and practice. Those who think that cryptocurrencies are the way to wealth are deeply mistaken !
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To be rich is hard thing to do because it is really on one-day process rather it is long time process. It can be one day if the market turn massively into another way to raise to the highest level. By joining the flow I can guarantee that there is a chance to get rich.
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Crypto investment involves a lot of patience and time and the money involved cannot be made in a day. You just have to be very patient and hold on to the tokens you have and sell when the price becomes better.
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You are right, crypto can be very useful but if they think crypto will give them wealth in one night it's wrong, but to get crypto benefits, patience is needed to be able to benefit from crypto.
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You are right, I agree with you, investing crypto is not easy, we imagine that there must be a process and patience to be rich, in my opinion there is no overnight, get rich right away by investing crypto.
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Yes, I very much agree with the author's statement wherein there is no such thing as becoming rich overnight in cryptocurrency market. I believe it needs full knowledge, hardwork, monitoring of the market trends and understanding how it works to be able meet the goal of becoming reach.
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Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.
Its a one miracle shot, but it is still possible, if you make a investment with a coin timing to its massive growth price.
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In talking in the Crypto world it takes a process that is not easy. If you want to get rich quick in Crypto, it can't be that fast, because it takes a long process, including you have to learn more about crypto so that it's right in making the Decision. There is a possibility of being rich overnight in the crypto world because they always observe the price of a coin jump, so that the time of the coin goes up. But from all that they have to learn more and need a short amount of time too.
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Look at dragonchain, if you invested in that during ICO phase you would be 100x by now, and that's pretty damn insane returns.
Not true. At it's peak it was up to 50x, now it's just over 100%. Not saying it's not a good coin to be involved in though, wish I'd sold back in the 'good old days'.
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Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.
I agree with you. Being Rich is not easy, you must have patient all the time. Cryptocurrency is not only temporary but you spend time, talent and the most important you're good at strategy.
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We need to develop in any field-including cryptocurrency.This is very important if you want to make a lot of money.
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Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.
I think It is possible, You can get alot of profits from crypto currency. Because crypto is high volatile.
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Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.
I think It is difficult mate, crypto currecny is recovering slowly. It is the bear market.
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Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.
May be can offer us to be rich but we can not achieve it overnight and maybe it takes few months but our is still really depends on the capital that we invested because the higher the capital we invest the higher possible income we can earn.
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In my opinion getting rich overnight on crypto is not impossible with this new technology today, but our goal on being a crypto currency enthusiast is to make crypto currency industry a trillion economy that can make alleviate a persons economic status level up and financially stable.
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The potential to get rich is one of the privilege that can possibilities achieved by anyone lucky person. There is no magic in this place, our hard works and dedication must be consistent to be nearer to reach our goal to be rich if possible.
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If you will start from the bottom it wont be that easy to be rich overnight because you will be able to invest little amount of money only but if you are rich already you can increase your money hundred fold if you are lucky with your investment token or coin by investing huge amount of money overnight but again it is still a chance if you pick a coin that will bullish run overnight.
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This is one of the reason why people got rekt in crypto, they believe in instant result of their investment. Investment needs time.
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If you are lucky, you can get wealth overnight with Crypto. But you must know, nothing is successful with just a matter of days. Success in crypto trading must be through hard work, perseverance and patience.
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This is one of the reason why people got rekt in crypto, they believe in instant result of their investment. Investment needs time.
It is true. No one gets rich with just a snap of a finger. Everyone should work hard for us to be successful in cryptocurrency investment or trading. We should all be patient and work hard for it. Patience is always and will always be the virtue we must have to be successful.
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Crypto is one of the avenues of getting rich yet it should be understood that it does not happen overnight. Getting rich in crypto requires a lot of dedication, hard work and patience. People do not see the essence of crypto investment because they want to get rich quickly, hence, hurriedly invest in projects that follow the pump and dump trend.
Remember, one key to success is patience.
Yes it is possible to become rich easily or even overnight but this is also depends on the amount of capital we invested because the higher amount of money we invest the higher profit we earned but we should be careful in investing crypto due to its very risky considering it's volatile characteristics.
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My opinion is yes because it is possible in crypto world yesterday ethereum was declined from $280 to $220 this is big difference . Every thing is possible in cryptomarket because crypto is unpredictable.
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I really agree with you that patience is very important and is the key to success in crypto. Crypto is not the way to make rich people one night, and if they think being rich overnight is a way of thinking blindly, and people who think like this will panic with the decline in the market.
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Patience is always what we really needed here but at the same time a proper attitude by accepting what was lost. Because in crypto currency making profit and experience loses is both possible but losing can be avoided in some time through searching and not spending the amount more than what we can lost.
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patience is important, but knowledge and experience are also important.This should be taken into account during trading.Also, let's not forget about risk management and money management.