Topic: Don't claim to be an investor if it's still like this - page 2. (Read 623 times)

I think all investors and not some have got to go through some preparation before taking up an investment. Your preparation becomes one of the way you get an understanding of what your doing, why certain constraints play out the it did, why your getting certain results and fhe means by which you could maximise it. No preparation or analysing of what could be from what is might mean, you gambling your investment and that could lead to quick loses.
Most nature the desire to be rich quick and what better way to do that than in cryptocurrency many think but, most have as w3ll been disappointed each time. How would someone hope for a turn over in mere days or weeks. Its always a step at a time.

I agree with the op, investing in bitcoin today, and already wanting to become a multi millionaire by the next day is something that is very common amongst newbies, that is, newbies that are entirely new to investments.

I have some friends who some time in the past asked me what I do for a living aside my business, I told them I'm crypto currency trader, and that I make good money from it, they picked interest and I offered to teach them, after showing them the basics and telling them to learn the rest from research, one week later, I discovered they've lost interest.

They probably thought trading is something one would just go into and start making money,  same also with investment, it is one thing to find a good investment opportunity, and it is another thing entirely to invest, and be patience for your investment to grow and bear you good fruit.

Correct. Not all need some preparations but with it on your sleeves you'll surely have an edge over the others. Just because investing doesn't mean you need to be there at the moment it doesn't mean as well that you don't need education and knowledge, you need it the most or else it will just be a blind investment.

There is no guarantee that after investing 10000 dollars, you will receive 12900 in a year. There is nothing guaranteed in investing at all, and even more so in cryptocurrency. And if you do not have enough experience to invest, then such an investment outcome as the loss of a deposit will look more real.

There's a common misunderstanding when it comes to investing. The thing is, investment carries a risk, and that risk could result in losing money. We invest for a chance to be successful in growing our money, but we should always be ready to accept losses. That's why experts always advise to invest only what we can afford.

We have to be smart. Although crypto gives us an opportunity to create wealth, we cannot be unrealistic and ignore the possibility of losing money. We should take it slow, invest now, be optimistic, but always be prepared if things are not in our favor.

The reason why investors panic when the market dumps or is in a bullish mode is due to a lack of knowledge.

Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.

Maybe most time we invested in bitcoin we don't also include the calculations to the probability of making losses sometimes,

As for me, investing is a rather difficult process. You need to be prepared for this, in addition to this - to know many different nuances. So, this is a very difficult process, as it may seem at first glance.

Almost 99% of investors want to deposit today, tomorrow they will become sultans.  Actually it can't be like that.  It could be possible that tomorrow it will be a loss and the next day it may still be a loss.

If we have lost, we have to pivot, analyze again, find out why, where did it go wrong, what is the future.  Not if the loss is already screaming scam, blaming people who give "advice", following influence etc.

What we have to understand first is that there is no investment today, tomorrow you will become a sultan. Even next year or in 10 years, you will not necessarily become a sultan.  Warren Buffet alone only returns 29% per year.  And that means if we invest $10k, it will only be $12.9k next year, not immediately becoming sultan.  Warren Buffet became a sultan because of consistent profits for decades. The key is patience, discipline and consistency in making investment decisions.  Warren Buffet never loses?  Of course, in 2015 Warren Buffet lost $444 million in Tesco shares.

In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them.  Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.

Basically the short story is that if your expectation is to buy today and be rich tomorrow, then you are wrong and that won't happen. I agree with that, I feel like it will take years before we can be rich, we need to invest and hold for a long time in order to be rich. If you also want to trade, that part is true as well, you are not going to invest today and suddenly become rich neither, it will take time to get rich and you should be a lot more hard working than that.

If you think that you can trade and turn a few thousand dollars into millions of dollars then you are going to be wrong about that as well. It's best to just invest or trade with the mindset that you will eventually get richer but it will take time and hard work to get there, it will give you more benefits.

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In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them.  Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.

Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.

Basically the short story is that if your expectation is to buy today and be rich tomorrow, then you are wrong and that won't happen. I agree with that, I feel like it will take years before we can be rich, we need to invest and hold for a long time in order to be rich. If you also want to trade, that part is true as well, you are not going to invest today and suddenly become rich neither, it will take time to get rich and you should be a lot more hard working than that.

If you think that you can trade and turn a few thousand dollars into millions of dollars then you are going to be wrong about that as well. It's best to just invest or trade with the mindset that you will eventually get richer but it will take time and hard work to get there, it will give you more benefits.

When it comes to investing, there is a widespread misconception. The fact is that investing entails risk, and that risk could lead to financial loss. We invest in order to increase our chances of financial growth, but we should always be prepared to take losses. Because of this, experts consistently suggest investing only what we can afford. We need to be clever. Although cryptocurrency offers us the chance to build wealth, we cannot be unrealistic and disregard the likelihood of losing money. We should invest now, proceed cautiously, maintain our optimism, and be ready for anything.

Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.

An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.

In investing there will always be gains and losses. and it becomes a valuable lesson and experience for investors. but when Investors release their assets when they lose, and they no longer have assets. then they can no longer be called investors. are there investors who are called without investment assets?
failure in investment sometimes there are those who make them out. but there are also those that make them stick around and plan their return on investment better. everything is a process, no investor is always profitable without feeling a loss.

An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.