Does crypto offer riches overnight?

[Domithra]

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.

[CryptoZenWorld]

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.

[sugarchrisp]

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.

[owmivmen]

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.

[aji678]

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.

[Lukasz]

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 :-)

[purpleseven]

Nothing is instant if you invest in crypto. all take time to gain an advantage in investing in crypto.

[jonathancool220]

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.

[idranus]

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

[Speaker]

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 !

[Jaguar]

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.

[Judybrown]

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.

[Hexsas]

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.

[Hadisularto]

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.

[boyplastic69]

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.