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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby oldbuddy » 08 Jan 2024, 22:25

augusta wrote:Some people I know it took them losing their money, big amount of money before realising this which was too late to back out.

That's why I keep posting this sound advice about Crypto, "Don't Use Your Own Money". There are plenty of good ways to earn it free and let it grow with Daily Compound Interest so there is no chance of losing anything of yours.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Pistis » 09 Jan 2024, 01:24

augusta wrote:Some people I know it took them losing their money, big amount of money before realising this which was too late to back out.
The challenge is that people won't always take the warning of not going in too much when dealing with cryptos. That's why most end up losing money so heavily.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Fidelia » 09 Jan 2024, 07:38

The advice given by Old buddy is apt. There are many free ways to earn bitcoin online. Take advantage and just know that you don't have much to lose if it all crashes.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Presh » 11 Jan 2024, 14:30

I think the education on crypto was massive. When you add the fact that governments ran propaganda against crypto, it was difficult for people to get huge losses from investment on it except the greedy ones.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby arunima » 11 Jan 2024, 17:04

The advice by Oldbuddy is actually a sound one. We have seen how unpredictable and volatile can crypto market be. Investing your own money might not be a good idea unless you have a risk appetite for it. Better to earn them from the various sites. And if you plan to invest your own money, make sure that you invest what you can afford to loose.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby eldavis » 12 Jan 2024, 03:23

The moment I found out about crypto, that was the first thing I was able to find out.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Fidelia » 12 Jan 2024, 05:15

eldavis wrote:The moment I found out about crypto, that was the first thing I was able to find out.
Ny logical person would be able to ask questions that would bring that expose to him or her within hours of getting to interact with the world of crypto.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Tendz » 12 Jan 2024, 08:07

oldbuddy wrote:That's why I keep posting this sound advice about Crypto, "Don't Use Your Own Money". There are plenty of good ways to earn it free and let it grow with Daily Compound Interest so there is no chance of losing anything of yours.


I couldn't agree more. By using methods to earn crypto for free and allowing it to grow through daily compound interest, we can minimise the risk of losing our hard-earned money. It's all about making smart choices and taking advantage of the opportunities available to us.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Elijah12 » 12 Jan 2024, 08:30

Getting rich in crypto does not require you to be in it for a long time, what really matters is how much you're investing, the areas you channel your investment to.
Many people get rich in weeks some get rich in months after carrying out their first ever investment.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Nsikan » 17 Jan 2024, 09:46

Elijah12 wrote:Getting rich in crypto does not require you to be in it for a long time, what really matters is how much you're investing, the areas you channel your investment to.
Many people get rich in weeks some get rich in months after carrying out their first ever investment.
That assertion is wrong. Getting rich through crypto is a function of timing. When you get the timing right which is not even a conscious thing, you would make money from crypto.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Carson20t » 17 Jan 2024, 10:00

I still say that most people want results before knowledge and I just do not know how we can achieve in that state. You need to be deliberate and understand the methods that you will be earning cryptocurrency with. Is it through staking, arbitrage trading, the actual trading using cryptocurrency pairs or buying Altcoins and waiting for a rainy day when they break even? All those are the available methods but one needs to know what they are open to.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby olaniyi » 20 Jan 2024, 20:39

I have not even start the crypto currency business but I already know became most of my friends work on it but are not rich yet
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby augusta » 21 Jan 2024, 07:07

olaniyi wrote:I have not even start the crypto currency business but I already know became most of my friends work on it but are not rich yet


Yes, because you would see people working with it but they are just getting by and that's it for me.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby SHAHID987 » 21 Jan 2024, 07:09

I took nine month to understand as by just only refreshing the page to know the current prices of crypto to sell is like wastage of your time. There much more intelligent gentry is there who know much more better as how to make to you fool. It's much more better as if you have skill then write, write and write.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Vehlijanta » 04 Apr 2024, 14:59

There is practically nothing that can help you get rich overnight so stop wasting time like that
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Presh » 05 Apr 2024, 06:02

From the moment I stepped into crypto, I had realized that it is not a get rich quick scheme and would never be.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Tendz » 08 Apr 2024, 10:12

While there may be opportunities for significant gains, it's important to approach investing in crypto with a long-term perspective and realistic expectations.
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Vehlijanta » 08 Apr 2024, 14:46

I think it's only forex that can make you rich or broke in short duration but not cryptos
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby augusta » 09 Apr 2024, 04:47

Almost immediately because I know nothing good comes easy and it is never with money making
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Re: How long did it take you to realize that crypto is not a get rich quick investment

Postby Tendz » 09 Apr 2024, 08:07

Yes, true wealth is built over time through hard work and dedication, rather than seeking quick and easy gains.
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