Post
Topic
Board Altcoin Discussion
Re: Cryptocurrencies will make you rich overnight?
by
leea-1334
on 14/11/2018, 15:46:57 UTC
I think in these circumstances, it's likely that the rich will get richer and the poor will lose their money. I still believe that people can make money by investing in crypto-currencies, but seeing how whales are played with the market makes me sad.


Different market but same psychology and same players. To make money you need money, and to make riches in crypto you need lots of crypto. If you want to play the market and manipulate prices and speculate that is. But the poor are usually poor because they have not been part of the financial system. Including them with crypto does not make them any different in actions and behavior. So unfortunately, apart from the lucky few,,, this is NOT a "game" for those who want to get rich quick.