I observed a good number of people choose crypto over stocks or ETFs because they want to get rich quicker.Crypto is not a place where you can rely on getting rich overnight. The stories about people becoming millionaires in days: realize that for every one who does, thousands else have failed. People thinking that being a millionaire can happen to them easily, comes to the point where people are chasing pumps in bad investments like Doge or Safemoon with lots of cash and getting burned. It's just greed.Crypto is often a long haul, something to hold and be patient for, and those in the short term shouldn't have too high expectations of where their investment will lead, if they hold onto good projects.Don't chase for the moon, let the moon come to you.
Submitted May 02, 2021 at 09:14AM
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