Post
Topic
Board Altcoin Discussion
Re: CRYPTO IS NOT A GET RICH QUICK SCHEME
by
South Park
on 28/08/2022, 20:29:14 UTC
Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Of course it is not a get rich quick scheme. But still some people think that they are going to be rich over night by investing in crypto currencies. They invest and when they see the price fall a little, they panic sell and then starts saying that bitcoin and other crypto currencies are a scam.
The worst are the people that invest in scam/shit coins after seeing the price get pumped. They literally lose everything they invest and encourages those developers to scam more people.

People who got tricked by scam developers or being introduced by friends and only the good side of crypto has been introduced, but the other side, they are not aware about the risk. There are people who think that crypto can bring them fortune and change their lifestyle in a much quicker way,. Not realizing that in most cases, there are more people who losses their investment not just a little amount but huge amount of money because they've got lack of knowledge about this investment.
It is because of this that if you are a person talking to your friends and your family about adopting bitcoin and other cryptocurrencies you need to be 100% honest with them and tell them the realities of this market, and one of those realities is that the market is full of scammers which will stop at nothing to get your coins, and as such we need to be incredibly careful, especially when we begin our journey as that is the moment in which we are the most vulnerable to them.