How to get rich while investing in cryptocurrency

[Trader_Rob]

What others told me before is that holding is a more secured way of earning profit. It takes a long time but they say that it definitely is worth the wait.

[Aya]

Well, keep trading and investing on your coins. Enhance your skills even more and work not only hard but smart as well. Tho, I must say that getting rich will take quite a long time so be consistent and don't give up.

[Sendo12]

Getting rich through cryptocurrency is a little ambitious for me. Unless you are willing to really invest great amounts and do extreme trading actions, then you will only have enough profits.

[PALM]

You can make a good return, and it is still possible to make a killing, but unless you start off with high risk (that is, you have a pile of money), then you won’t become rich.

[Newbie_trader]

It is probably difficult to get rich in the crypto world. People are struggling to make money because the movement of the digital coin is unpredictable. We have to pick the right coin and make a wise investment.

[darexgeorgieviya04]

Holding has always been one of the easiest ways to get rich in cryptocurrencies. Buy low and sell at the peak. Buy bags of very cheap coins like Veil, Dent, Enj.. They are all below $1. Keep them in your wallet and check back when everyone is talking about them in 3years

[PALM]

Getting rich on the crypto space is very simple. Invest in good coins. Always DYOR before investing. For instance, those who invested in veil got some bucks in. And now that the price has corrected, those who would buy will make some profits in coming weeks. In crypto, it's good to buy the alts.

[sashavich04]

Just hold. It will not fall.

1. The cryptomarket was cleared off from the fraudulent projects, along with projects that did not stand the market competition. Therefore, now, in 2019, it's not like the Wild West as it was.

2. Cryptocurrency excitement was not a positive phenomenon. It has attracted the attention of millions of people who hoped to get rich without doing anything. Now that sphere is gradually getting rid of people who do not even have basic economic or investment knowledge. And the market is stabilized in that meaning.

3. Institutional investors (banks and hedge funds with a lot of money) use cryptomarket as a variant to diversify their assets. The investment in coins is considered as a more secure investment in the period of volatility of bond markets and gold.

Another question: Where to invest? Just diversify. Part of the portfolio must necessarily be in altcoins (those that have their own blockchain - approved technology, their market, which they want to change), because they can have growth even more than bitcoin. Many of them are really undervalued.