People who are new to crypto currency or those who want to invest in crypto currency by looking at social media may think that they will make money overnight but they end up losing more than making money. In investing in crypto currency we must acquire enough knowledge or else about  Without acquiring enough knowledge, we cannot invest well in it so that there is a possibility of financial loss. Especially those who are new to cryptocurrencies who have no knowledge about cryptocurrencies may be too hasty to invest to become an overnight millionaire which is not the right thing to do as there is no possibility of making such money from cryptocurrencies. Patience is very important in investing in crypto currency We should invest in crypto currency with patience and time to check the market. Thus if we can invest in crypto currency we will definitely be successful.

Crypto has been seen and told to people to be a get rich scheme, although its not true, people have decided to go ahead with the narrative and just keep exposing their resources to maximum risk.
I this meone has to change the narrative for them cos its an obvious lie

That's true, but depending on what point of view we look at it from, being rich doesn't mean you have to rush, you also have to implement a strategy to take advantage of it.
In the Crypto market price movements are quite fast and significant so it is possible for us to make big profits as well as losses so in my opinion everything will be worth it.

Getting profit from the crypto market is difficult for a newcomer. With increasing scams, the investor should have adequate knowledge of the coins and airdrops they are investing in. Many people are investing in the crypto market because of the hype that you can be rich overnight, and a majority of the influencers are also attracting investors by saying the same thing. People started investing in shit coins and airdrops in the hope that they get rich instantly. The crypto market is not for the faint-hearted. It demands patience, patience and more patience. Bitcoin is the only reliable investment option for newcomers.

There have been a lot of people with bad intentions that promoted crypto as a get rich quick scheme, and newbies with no crypto experience have spread this further to others. That's why nowadays people with no knowledge about crypto think of it as a quick way to make an extra buck,which is obviously a big misconception. Even those who made huge profits from crypto, made it because of holding for several years. There is no point talking about those who made quick profits from investing in ICOs, because we all know that was just a lottery where some got lucky while many more lost their money.

Luckily not all are like that. And maybe the OP is one of it. This is why he came up with such question. There are people who likes to rush but they do it on other activities instead, like for example in playing a gambling inside a casino, and not through crypto investing and trading.

I think that is more applicable since the results there are much faster. And there is no learning curve on them. But for crypto investing and trading, there are. And if you don't learn them, your chance of failing is very high. Shorting is one of the ways to earn in the crypto field but I think not all who does them are the type of people that we talked about earlier.

For ordinary people, it is very easy to be tempted to gain profits from crypto, they only see the fantastic prices when they increase, without understanding and analyzing them independently.  Therefore, it is no longer strange that most people lose money on the investments they make in crypto, mostly from beginners who only follow booming investment trends.
However, crypto certainly provides opportunities for anyone regardless of class, the most important thing is not to easily believe information obtained from one social media source before finding out more before deciding to start investing in any type of crypto, especially newly launched projects.

It's not easy to be a winner in crypto space, you need a lot of patience, but some times we run out of patience, newbies especially, they will get tired easily because they have no idea how crypto market used to performing in every four years cycle, this reminds me of a friend who sold everything when the bull market is like 6 months away, he gave up too soon in 2020 and every changed in 2021, this is someone who have been holding since 2018, but because he had no past crypto experience he thought that no more bull market is coming.

---

To become a successful holder in crypto space you must have a lot of money flow that will keep your mind in a positive attitude,  lack of money is why many investors get tired, ask yourself this, if Bull market takes another two years will you be able to survive without the money you invest in crypto? As a crypto investor if this upcoming bull market takes another few years I can survive and do very well without crypto money, because I have other means of making money, even before I came to know about crypto.

I can't ever go hungry because I am from a family of farmers, everything I eat is from my farm land and I make money selling to the public too, I have been doing this from young age, if anything happened to crypto I will still do very well for myself, this was even how I am able to have lot of money in Bitcoin, source of income is a must to be a successful long term holder.

[quote author=Youngkhngdiddy link=topic=5482696.msg63546597#msg63546597 date=1706033971
   People are desperate cause the feel like since everyone is making emphasis on the bull run, the fear of missing out makes them partake into fake airdrop and news.  A lot of people will want to capitalize on this opportunity to spread fake news and propaganda luring poor people to waist their time and resources. Getting the right information is very paramount in the crypto world, the right information will give you the right results.
[/quote]

People shouldn't be too enthusiastic on the coming bull run. Rather engage more in research to find out the best crypto asset to hold on with Bitcoin.

Scammers are working and researching tirelessly to make sure they brain wash you so you too research to know what they know already to defend yourself against their
knowledge. And don't forget to invest what you can afford to loose Incase.

No one is able to reject news published on social media, but very few people are able to verify the news with accuracy. In recent years we have heard about fraud involving forex and this has happened to many people who want big profits from small capital. Without us realizing it, crypto gets dragged into it so that a narrative of fraud emerges for those who don't fully know the causes of the fraud, therefore there is a need for verification before people actually get involved in it.

Recognize the lies and avoid get-rich-quick schemes with small capital because now there is no way to get richer by placing small capital in crypto. Even people who get involved in bitcoin using small funds do not get rich quickly, especially when it comes to other cryptos.