Topic: Bitcoin doesn't give you instant 100 percent profits (Read 653 times)

It is true that whatever form of investment we make including investing in Bitcoin, we will never get instant profits. To get instant profits, in my opinion, this can only be done if we make an illegal effort such as one of them committing fraud.
I totally agree that before making an investment we must learn basic knowledge about the investment that we are going to do first and increase our knowledge before making the investment including investing in crypto, especially in Bitcoin. Don't let us invest just because we hear the beauty that will result from an investment.
I'm sometimes still confused by some people who have the wrong perception of investing in Bitcoin by having the perception that they will easily get big profits instantly from investing in Bitcoin, even though in reality it's not that easy, it takes time and several other factors to get good profits.
I don't know if such a mindset actually exists because of their lack of experience and knowledge or is it because their logic is covered by their greed or because of other factors?. I'm still wondering what exactly is the most influencing factor for someone who has the mindset "investing in Bitcoin can get instant and big profits" like that?.

Just let them be, on which there are really people who are really that thinking about unrealistic things on which you cant really just make yourself that able to reach out that particular goal on the time that reality

would be slapping into your face. People would only realize when its already that they are currently facing. On the time that you've been wary about on how things works and how things been done then for sure
you would really be making out adjustments basing up on what you do encounter and be wary on what are the condition you are really that into. In speaking about Bitcoins potential profits or returns then it would really be just that hard on reaching out 100% even lets just say about doubling your capital but speaking about potential and assurance then we could really be able to tell that it is really that much better
compared into other coins or altcoins in the market as always.

If you cant really be are up that kind of probability or condition then its up to you whether you would be buying bitcoin or not. Each person or trader would really be having their own approach
on things.

Those who think bitcoin can give them instant income or profit are those who do not understand the meaning, the reason why bitcoin was created. Before one invest in any cryptocurrency, he needs the basic knowledge on the particular crypto he wants to invest in so that the mentality of getting instant income from bitcoin will not be there. And really this days, most of youths are not ready to work hard to earn legit money but they just need instant money to spend.

There are really people who will always look for the impossible. I bet they know already that it’s hard to achieve 100% profitability rate, but still they will never stop chasing it. Maybe because crypto influencers are not doing their job properly but instead they keep on spreading misleading information that makes these newbies create a different mindset about bitcoin getting rich quick profits.

Yes. Those who expect instant 100% profits are definitely those who have no or less experience to note. So they will do everything hoping to gain profits instantly, without realizing that if they will do investing and trading in a rush, their money will also have higher chances to be easily gone by the wind. That’s the reason why bitcoin is always advised for long term hodling, not because it never gives quick profits, but because it’s only on long term hodling where people get significant profits that are worth waiting for.

Agreed, one should not fall for fake promises. It is possible to see more people fall for scams in the name of bitcoin. They never understand about bitcoin, just because it gives profit they get into cryptocurrency. This too happens through a third person. It is really must to understand and further make your investments. Just expecting big returns and ending in disappointment shouldn't happen. Very few countries in the upcoming years will adopt bitcoin whereas the majority are much focused to have their own CBDC

That's quite high and we should not believe someone who promotes such lies especially when it involves bitcoins. such things will never happen because the price is not that low like we had before about 10 years ago and the price could only go up to +20 percent but not as often as before because of some circumstances that we are experiencing through these years. But none of it will gonna change except for most countries in the world will start to adopt bitcoins as legal tender and as one of their official currency in the years to come.

In any type of investment, 100% profits from short term investment is a big lie. It could be possible instead if you lose 100% of your capital with just a blink of an eye. But still, even if these words will be repeated a lot of times, crypto beginners will always chose to be deceived by this too good to be true promise. Most especially with all the crypto influencers all over the internet that is feeding wrong information to the people, then it’s not surprising that there are still people who often expect 100% profits in just a very short period of time.

The inconsistency in the price of Bitcoin has wrecked more people than made people billions. At the end of the day first-time investors are the luckiest to get rich with bitcoin. People see it as get rich strategy rather than for the cryptocurrency it is and it was intended for.

Your issue? Its a common one, yes, very common! People, they want fast money, and they look to you because you've got some Bitcoin knowledge. You know, Bitcoin is a complex thing - very complex! But you're telling them right: patience is key. Money doesnt grow on trees, not even Bitcoin trees!

Weak hands, right? Weak hands get washed away by the Bitcoin wave! You’re wise to not worry yourself too much about them. Teach if you want, or dont, its your choice. But maybe, just maybe, guide them to understand, in your own time. No harm in sharing some knowledge, even with the so-called weak hands! Bitcoin, its the future, and we all know it.

In this life and after, never expect 100% so you will never experience failure ,
the more you look for something is the more chances of you to fail into wrong decisioning.
and also why need to expect that much when we can get better in lower expectation like 10-50%?
I don't know what truly lies in this but for me? I am contented in 30% each time.

You are right, anything that claims they give 100 percent instantly, i always try all my possible best to stay away from it because their is high chances of being scammed. Scammers do use that kind of offer to get peoples attention, that's why we should be careful when we see offers like this. Bitcoin do give 100 percent profit, but its not instantly, you will have to hold the bitcoin for a long period of time, and their is nothing like instant profit in bitcoin investment, if you see anyone promising you that kind of reward, then stay off you are going to be scammed.

I can say most of the newbies joining cryptocurrency now are doing that just because they believe immediately they joining then they will be making money instantly which is wrong, if you are trying to make money from cryptocurrency, its a gradual process and you need to have patience, you cant just join and you will think you will start making money instantly, its not possible. That's why some newbies always end up being discourage if they didn't make instant money after joining.

Do you know that there are some people living around me that want the exact same thing and some of them are even expecting me to teach them how to make instant profit out of Bitcoin investment till date.

They still don't believe that I have to wait for few years before I can make something meaningful through Bitcoin I am very well aware that people are looking for a fast way to make money that is why most people are poor because at the end of the day, they will end up getting in hands of scammers and people that will just run away with their money, they don't want to understand that it is not that easy to make money, there are some consequences and risk that has to be taken before they can make good amount of money.


I won't worry myself much about such people because at the end bitcoin market always has its way of getting rid of such people, they are the types we call weak hands.

We often say bitcoin is not a get rich quick investment. This is true, but it means we can't get rich overnight or a month, but clearly bitcoin can get rich faster than other assets and that's why we invest in it despite the risk. Crypto market participants are mainly those who want to get rich quickly as choosing assets like gold or real estate will take longer even though they are safer.

If anyone asked me why I chose bitcoin and cryptocurrencies, I would definitely say that because I want to take a shortcut to success faster, it is true and we should not lie.

Nothing gives you instant 100% profit unless you are very, very lucky. You can’t plan & expect 100% profit in a short term timeframe. Bitcoin is the best investment out there, the hardest money every existed.

Forget about 100% profits short term & learn to HODL, you will make a lot more than 100% if you HODL for a number of years.

I have to agree with you. We are not here to invest just to wait for long term profits. Bitcoin is proven to create financial breakthrough faster compared to other investments to those who take the risk and to those who are greedy enough to take every opportunity that comes with profit. That is the reason why a lot invest in this high-risk asset despite the fact that anyone can lose his money in an instant especially if he invest without understanding the risk of his investment in the first place.

Ignorance is a major part of what makes those sets of individuals to ingest the thought of having a 100% profit in no time with bitcoin, if it was the case then the project would have been dead years ago before it could have gained weight in the market and a lot of coins that ushered such impression to it's investors has long dumped after sprinting outrageously high.

But bitcoin has been slow and steady in growth cause in this particular industry slow and steady wins the race. Sorry to disappoint those looking for a short time 100% returns of profit they are in the wrong boat, wrong boat in the premise that bitcoin is for the patient and calculative Investors and not for some lazy bones with a dreams of overnight success.

I agree with what you say that Bitcoin will not immediately give us 100% profit because of the volatility it has. And if there are others who believe in this matter especially if they hold it for a long time, we cannot get them out of their minds that Bitcoin can provide more than 100% profit.
So if you are annoyed with others for thinking like that, just let them believe what they want to believe, because what is more important is that you know what you are doing is right.

Bitcoin itself isn't a ponzi scheme, but there are certain investments that are using Bitcoin to lure those newbies. Giving huge returns on a monthly basis, earning in an easy way thru Bitcoin. These are the examples of how they are attracting people. What more is that, these scammers are using attractive, and some complex words just to look like they are intelligent, and genius, but the reality is, they are just in it to scam. Unfortunately, it seems like there is no other way to stop them anymore because there are still people out there who are falling into the traps of these stupid scammers.

They are newbies so... I guess it's understandable, or not.
Anyway, newbies nowadays don't want to spend much of their time doing research. Most of the newbies out there want to experience the feeling of earning money in a quickest way possible. They are forgetting that they don't know about it, and they are just jumping to "how to earn money" or "give me money" kind of thing. It's stupid, but it's the reality.

---

Overall, sometimes how these influencers, and other people introduce Bitcoin to these newbies is what's wrong. They are saying that "Bitcoin can give huge profits to those who are investing into it." or "You can double or even triple your money by investing into Bitcoin." blah blah blah. TBH, it's quite sad to see that there are influencers out there who are misleading their followers with regards to Bitcoin. In cryptocurrency, there's no such thing as "guarantee", only "possibilities".

Well you don't have to report the post to moderators and most times I don't have to blame them for wanting a risk free investment options from bitcoin investment but the truth is that, no matter how much we dulge and run from the risk, it will always find its way to meet us and beside, one of the major reasons why people run from investing by themselves is the fact that they want  a guaranty on investment  and not of them aren't ready to hold but rather want returns on investment frequently  like daily or weekly and only trading which is much more riskier than holding can give you this.

Op those threads by such persons are mostly  for inquiries out of curiosity and rather than get piss off by them, you should  guide them andet them knownthay nothing is guaranteed in the cryptocurrency industry.