Topic: Don't claim to be an investor if it's still like this (Read 675 times)

That it means that we need to give up and move for another investment as this crypto isn't really good for us nor we are destined to be here.
In that case, we are really numb not to see the reality that crypto isn't meant for us and whatever we do, success can be with us instead of losing more if we push to continue.
Well, losing at least 2-3 times is still acceptable maybe we are doing something wrong and need to correct it but losing 4 times and more, ain't that good anymore.

And that is the first reason which brings newbies investors towards that path, since their capital is small they acknowledge that if they invest in a coin like bitcoin then even if they held their coins for years the performance of their investment while impressive in percentage terms, it will not be as impressive when we think of it in terms of cents and dollars.

So they believe that by investing in altcoins then they can get the performance they need to make a significant improvement over their lives, not understanding the massive risk they are taking and that instead they should have taken the time to increase their capital in order to increase their profits, not an easy thing to do that is for sure, but something that has to be done if they want their profits to increase.

Some people does think unrealistically which same as you said that they do know that they do have a small amount of money to invest or simply with their capital but they are really that thinking about having that huge
return or profits which it is really something delusional and because they do have this kind of mindset or target then it is really that something will really make themselves on a rush when we do talk about
their decisions and on dealing into something. Unrealistic approach and impression would lead into bad decisions which is something that we do need to adjust on.

Being investor isnt really something that you would need to do all sorts of things which is correlated into it, consider yourself to be that able to bare on whatever situations you would be into.
You would be needing to be that versatile on which you could easily make out some adjustments if it wanted to. If you would really be finding yourself on a hard situation then
it would really be just part of instinct that you would be needing to adapt or else then you would really be experiencing lots of losses.

S&P500 has averaged something like ~10% in the last 100 years or something. If you want solid but slow returns, then buy an index fund and chill. Bitcoin is on the other hand, is like a Nasdaq stock. It is all about fast growth. If bitcoin can't beat the index in the future than the investors will lose their interest in it. It did what it did till now but what about the future? The markets are always future looking. Of course buy now, cash out tomorrow is not a realistic expectation but people want to get rich in 4-5 years because of the bitcoin halvening-cycle.

We have to learn from our own mistakes if we leave the path of success just by losing once so this will be a foolish idea although if a person regularly losses money and now he cannot afford it so leaving trading at that time will not be a bad idea.

Not a single person become successful without not facing any loss so it will be worthy to remember that with success the losing is also involved in it and we have to manage both of them with patience. Keeping in control you internal feelings also has a positive impact on the rate of success and taking sudden decision will have negative effects on your successful destination so first think and after that take step which is better for you.

many people misinterpret investing healthily. where they have small capital but want thousands of percent profit to reach wealth, so they run on new investment projects without being equipped with sufficient knowledge and in the end the results are not as expected. choosing the right coin and placing logical targets must be understood so that we can be prepared to make long-term investments and can hold them relaxed in the face of price fluctuations

Woefully , there is a plenty of investors especially newbies and amateurs who don’t accept the losses despite it is a part of investment. In fact, If you don’t fail , work hard,  struggle, and makes mistakes , you will not gain experience and become proficient in this field although it is essential to learn from your own mistakes,  and turn them into lessons. Consequently you will be capable to achieve better results. Investing in crypto is definitely fruitful but in long term, it means if you are impatient, you will never achieve successful career Additionally, becoming wealthy isn’t easy nowadays, and investing large capital will not affirm and secure huge earnings  in returns. From my perspective, you should find additional sources of income instead of focusing and giving all your time on only one.

that is really the power of internet right now because they can easily persuade people to invest because they are influencial and even they do know that it will turn to scam they will continue for their own benefits that is why people right now is starting to wake up unlike before that most of the influencers ive known was introducing token and I've seen a lot of people invested to it but turns out a scam but unlike before people know it now and tends not to invest on it

Everything takes time and a proper approach. It's no difference with crypto investment. The more time you give to this, the better you become day by day. When it comes to trading profits and loss, they are both in it, and you will face it one day no matter how carefully you take the approach. All you can do is take a good risk management plan and use it to reduce your losses and maximize your profits.
As you already said, and I agree. Patience is the key in crypto. You can't become a millionaire overnight. Good advice.

You hit the nail on the head! The allure of easy money can be strong, but it's important to remember that genuine wealth is built through diligence and smart investing. As Warren Buffett wisely said, 'The stock market is a device for transferring money from the impatient to the patient

The temptation of easy money is always going to be there, however it is up to each person to reject them and realize that such offers are too good to be true, as if you really think about it if someone had the ability to make that amount of money with that speed then in just a few years they could become one of the richest persons alive.

And since that is not going to happen then people need to recognize those methods do not work, and if anything they could cause them to suffer financial ruin.

I think this is becoming normal in the cryptocurrency market, the hype, the FUD, and FOMO everything is becoming normal in day-to-day live in the cryptocurrency market.
The "easy money" way and most influencers or some personalities that spreading it to social media is also becoming normal and through that people will be introduced to cryptocurrency and think that it's really "easy money" but they end up losing.

Due to hype of many projects, many investors are thinking for an easy money and that’s normal in crypto. They will only realize this the moment that project listed in exchange because that is where the real challenge starts, the price pump and dump will always be part of the market. Investing is indeed a long term process that we should always adopt and have strategy, remember easy money can also be easily gone if you take it carelessly.

Know that successful investors today have also endured a lot of losses before but chose to never give up simply because, they believe in the potentials of their investments. And that does not mean that even if you continue to invest from a loss, you will never experience losses again. Losses will always be part in any investment, but it’s up to you how you will manage your losses and motivate yourself to stay positive and optimistic so you can still pursue on the goal that you have set in the first place. If you have that mindset, most likely you will be a successful investor in the future.

Exactly, personally, i have seen so many people in my friend and relative zone, who have the same mentality, that you just shed light on. For example, you may have heard of BONDX mining which is similar to Pi, and when Pi was listed unofficially and people get to know the real potential it could have, like if the price would be real, it will definitely reach to the same heights to which it got now. And after stating them this, i asked him to download the BDX app, One day i installed the app on his phone the other day he was like i am "Sultan" ahaha. he said, when will i get my money, blah blah and blah. he asked such questions that made me to say him, to delete that app. Haha

New generations need to be taught this lesson, as i have faced this issue with my loved ones and i tried my best to cover this issue with them but they tend not to listen to me, even if they listen to me, they have acquired such company that takes them to straight back from where i took them. So to avoid this, we should have to spend more time with them and have to become a company that could eliminate the bad thoughts they are getting from bad company. i even try to motivate them with my moments and by my friend's or any other person's success moments. I am not rich but i do have the skill to manage money, risk and losses.

True, investing is a long-term process that requires patience and discipline. No one can guarantee the success of every investment, and losses can be part of the process. It is important to have a rational and analytical approach to investing, and not be based on emotions and quick successes. It is also important to understand that the historical performance of an asset does not guarantee future performance, and investors should always remain vigilant and adjusted to the changing market environment.

Well, basically the basic Principles to be an investor or a market Explorer are in ourselves, if we have a certain Attraction towards investment it is something that we should take advantage of, but if we like to go as the market goes, if it goes up you win, if it goes down the same you win, that is what a trader should see, but I feel that things in the trader or investor are two very different ways of thinking, even though both want to win, it is known that the directions are different, a person who is or has The desire to invest has to be more patient, not fall into Despair and above all not get carried away by the news.

Investing is a long-term game, and it's important to have realistic expectations. It's easy to get caught up in the hype and believe that we will become wealthy overnight, but that's not how it works. It's crucial to have patience, discipline, and consistency when making investment decisions. Warren Buffet is a great example of this, as he has consistently delivered returns over the years through his investment strategy. Additionally, it's important to remember that losses are part of investing, and we should use them as an opportunity to learn and improve our investment strategy going forward.

If you think about it carefully, having thoughts like that is actually very humane, because the majority of people definitely want wealth, especially in an easy and fast way. Even people who have such thoughts, I feel, are one's first stage of advancement. Even though having thoughts and actions like that is indeed not right, but with the willingness to invest alone, in my opinion, there has been quite a bit of progress in his mindset. Because there are still many people out there who are not aware of the importance of investing. So is someone who invests and wants to get rich quickly wrong? I think it's wrong, but not completely wrong. Because as I wrote above, that thinking is human nature. But over time, this attitude will change, when you get understanding, experience, and lessons. So the conclusion I can come up with is, if people were investing primarily in crypto, most newbies would have that kind of get-rich-quick mindset. Having thoughts like that is not right when you want to invest in crypto. But don't blame newbies in the crypto investment field for such assumptions. Because they are definitely still in the learning stage and still don't have much experience.

It's not a misunderstanding, people who get into investing are just ignorant of the fact that investing doesn't mean that you're guaranteed a profit if you put your money in it. Maybe a little misunderstanding especially if they've learned about investing from someone who embellishes the truth and they got blinded by greed.

That urgency to get profits is what gets newbie traders in trouble, after all if they just became spot traders and used a stop loss religiously even if after months of work they got no profits I would think they are on the right track as long as most of the money on their accounts was still mostly intact.

But on their desire to get profits those newbies begin to use a high leverage, hold their position for too long and refuse to use a stop loss, and when you combine all of those factors then sooner or later they will be caught with their pants down and the market will move very quickly against them, inflicting heavy losses on their account.

That’s why everything in crypto, be in trading or investing, needs to work it out by acquiring knowledge and experience in the first place. There’s no shortcuts in it, like when you just invest and expect profits after a day,  that is only for those who are just greedy without knowing how risky their investment is. But when you decide to invest because you have studied it well, and you learned from your previous losses and mistakes, then maybe expecting a profit this time is very possible. Investing is never easy, but it’s also not hard for those who have passion and have known it well.

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.

one has to experience a lot of losses first to really feel that being greedy in trading will only erode their assets until they run out. I'm sure those who want to get rich by trading crypto are beginners who are carried away by mentors who show off their wealth or friends who look easy to get money from trading even though trading even for spot requires accuracy and wisdom in making decisions.

Investment has its own risks, and that risk includes whatever you deposit today will never give you returns tomorrow. It’s actually more of a loss than a gain especially if you come to invest in the market without understanding what you are investing for and how you will work for it. If you don’t have the knowledge and experience the moment you invest, then it’s useless to expect for profits after you invest. So never underestimate investing, it requires a lot of knowledge and skills first before you will succeed on it.

We need to take risks in an investment, but taking risks do not guarantee quick profits. Most of the time, losses are even more visible than profits, but if we come to work for it and analyze the source of losses, maybe by the next time we take chances and invest again, we will start to become profitable and succeed in our investment. That’s how patience and determination works in an investment, and not just by putting a large capital, you will eventually reap huge returns too.

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.

Most people that invest in bitcoin and don’t include loss in their plans are the newbies, most of them don’t have clear understanding about bitcoin, maybe they are being brainwashed by people that introduced them to bitcoin, they only told them About making profits and not lose, some of them go ahead to watch videos on YouTube and we all know that most of the videos on YouTube only talk about profit and few will tell their viewers about lose.

Some people believe bitcoin investment is very easy, but to be honest bitcoin investment is a difficult task, it’s not easy to hold bitcoin, just few percentage of people have the mindset and the capacity to hold bitcoin for long term. We do hear different news about bitcoin, different FUDs, just few people can overlook all this and they will still continue holding their bitcoin.

I completely agree that losses are an inevitable part of investing, including in Bitcoin and other cryptocurrencies.

It is important to approach investing with realistic expectations and the understanding that consistent profit is not a guarantee, even for well-known investors like Warren Buffet.

Additionally, when we do experience losses, it's important to reflect on our investment decisions and make adjustments accordingly, rather than immediately jumping to conclusions or blaming external factors.

A more disciplined and patient approach can help us stay focused on achieving our long-term investment goals, rather than getting caught up in short-term gains or losses.

As with any investment, it's crucial to conduct thorough research, manage risks, and stay informed about market trends and developments.

Even if we know this is the case those that are just starting out are not going to believe us, especially when there are scammers and all kind of businesses that benefit from those false beliefs, so instead of correcting their views those newbies look for alternatives which will allow them to reach their goals.

As such on their desire to get to the goals they have set to themselves, they invest in all kind of altcoins thinking this is the magic formula that is going to allow them to reach their goals, and while there are a few newbies out there which are lucky enough to achieve this, we know the majority fail at this step and they never recover from it.

At the lowest level of awareness of bitcoin investors, there is no word rich in a short time. It doesn't need this kind of advice, just looking at bitcoin price history then I think people who are after instant riches will not take bitcoin as their portfolio list.
Perhaps this hope can actually be realized if the investor has to sacrifice risk on some altcoins that have adjustable pumping schemes. But it's more like gambling, in fact it's hard to tell the difference between an investor and a gambler these days.

Experience is not a must, but it is just a plus; knowledge is really what is needed, as there are still newbies who have no experience but are successful since they learn and have knowledge on it. Experience will follow, but again, if you have experience and you have somewhat struggled with investment, like you already have guts and feel in your crypt that you are investing, it would be easy to invest in it. But again, in investing, you'll be learning constantly as the crypto space keeps evolving and new technology is coming out, so it is better not to be lazy on learning.

Great answer, you made me laugh, Sultan.
Actually, the OP, like many here, is trying to be helpful. Let's not judge him harshly. The conclusions about patience are correct, although it is rather presumptuous to cite a millionaire as an example. For many here, small profits are already considered in the millions, and small losses turn into drama.
The whole post boils down to the fact that those who invest need to assess all the risks and make a decision only when they are ready to wait for the right price while remaining calm.
However, nothing new, but good for repetition.

Nothing is instant, everything requires a process. Trading also cannot be done easily, profits and losses will go together.
Even a professional trader will not continue to profit, there are times when they lose due to unfavorable and unpredictable market conditions.
If someone just wants to trade for a while and wants to be rich the next day, he is just fantasizing.

The mindset of getting rich will eventually bring traders to the spirit of learning and analyzing.
But it will also be a trap when they only think of getting rich quickly without doing anything more.
of course, it takes a long time and hard work.

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.

Therefore, we must really have a lot of knowledge when we are still in the investment world. Having capital alone is not enough for an investor, ok, we have a lot of money to invest, but when we don't have knowledge of the world of investment, especially investing in the cryptocurrency space, then no matter how much money we have, it will run out in a short time. I am the one who will say don't invest if you don't have knowledge, I mean it's better to study first and understand the risks, then you can jump right into the investment world.

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.

And even you've got the knowledge you want to attain or at least the basic one, don't overexpect.

That's where many investors have caught wrongly. They expect that they'll get the best result and they are picturing it out based from what they think with the little knowledge they have acquired.

It's already within that a real investor has learned a lot already from the mistakes that he has done.

For someone who do make out some claims about making money or sure profits without having any loss then it is really just that bogus or that someone is really trying to pull off some scam because there's no way that you could really make out profits without experiencing losses.Even professional or experts would really be experiencing losses but the main target in the end of the day is on to make profits which it is really the thing
that what the most. When it comes to holding then it would really be that depending on how much you had invested and of course if you do know on how to play in the market then you could really be able
to be aware on what are the things that you should be doing for you to go along with the waves. Volatility is something that gives out advantage and disadvantage which is something
that you would be needing to ride along if you do really love on having the chance on making profits but of  course confidence is something that you should need to control on.

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.

It is inevitable to make money without any loss but the period they come can differ but having this mistake is what I enjoy and also learn from it. The investments that does'nt make you lose any money are ponzi schemes, you will continue to make profits everyday but the day you lose something today, you may loss everything if yoyu are not been careful about  chasing profits everytime.

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.

If I hear the phrase cryptocurrency and long-term investments, then I associate it only with bitcoin, since all my successful investments in altcoins were medium-term transactions. And almost all of my long-term experiments with altcoins ended in failure. Therefore, I believe that altcoins are quite suitable for trading and in some cases can give us very good results, but here, everything is not so simple, and before choosing altcoins for trading, you need to analyze the project and look at its prospects.

Nothing wrong about something what you want to become or like dreaming about getting huge profit on your investment since it can give you motivation to give a try on risky investments. Although there are times that we got scam but atleast we learn a lot from it and be more careful next time when putting our money for second time or more.

Although what you think is so big which is somehow impossible but atleast people try to make their life better by taking some action that they think it could possibly change their lives.

Maybe most time we invested in bitcoin we don't also include the calculations to the probability of making losses sometimes, this may not actually be a consistent experience but should be well considered, bitcoin is well known for it profitability which is the more reasons to why manner insisted on investing in it no matter the bear, it doesn't last for long but a while, many have confirmed this and see that it's working and pays them than not whenever they invested on bitcoin, having a profitable chances is greater than not having it at all.

You're totally right! People need to get that they can't become rich overnight. It just doesn't work like that. I've seen so many people investing in some random shitcoins, hoping that they'll strike it rich, but they end up losing everything. Crypto currencies are all about long term investment. There is no easy money here. And like you said, we got to be prepared to lose some along the way. And if you do lose, learn from it and make sure to use what you have learned to maximize  your profit in the future. If the coin promises quick money, very likely it is a scam. Just invest in the top coins but only whatever you can afford to lose.

We are in a generation where we have so many advisers and writers available I'm this forum to tutor us how to trade the market and make proper investment when it is obvious that they can even analyze a single chart. Everyone is gradually becoming a pro trader, ready to help us that had been in the market for so long.

 I am not biased with the frequent writeup from people who choose to have become a good trader and always eagered to teach us something to have as a breakfast.

 Op has point a very important facts we need to put into consideration or else we might to enjoy the act of being a trader.
We need to understand that words are easier said than done. Noted

In Bitcoin, you won't lose anything unless you sell and the same thing to attain profit you also need to sell.  That is a proven fact.  Bitcoin losses can be avoided by holding and waiting for the price to recover and selling at a profit. 

The bitcoin market is proven to be cyclical, it means it goes up and down until it records another all-time high.  Although I agree that losing is part of the investment (not only Bitcoin and cryptocurrency) but there are methods that we can use in order to minimize or avoid losses, especially in Bitcoin investment.  One of which is analyzing the market and knowing the right time to enter.  We can either use fundamental analysis or technical analysis or both in order to gain an advantage when entering the Bitcoin market.  The same goes when we wanted to sell at a profit.

In short when it comes to Bitcoin investment, if we wanted to avoid losses, we need knowledge about the history of Bitcoin, the trend of Bitcoin, and the patience to wait for the right time to get profit in our Bitcoin investment. 

You are Correct!!

You have to have a realistic view of investing and not expect overnight riches. Investing always involves risks and it is important to be prepared for both losses as well as gains. It is also important to not get too caught up in emotions

and instead to analyze and learn from our mistakes in order to improve our investment strategy going forward.

Being patient, disciplined, and consistent are important traits for successful investing in any asset, including Bitcoin and cryptocurrencies.

I'm sorry, do you actually believe that 29% APY is low? A few stablecoin contracts offered as much as 20%, and they were great deals, let alone almost 30%. I wish had an investment that could achieve such a high APY.

Moreover, I don't believe that the majority of users here expect to make money seemingly overnight; that's a common misconception a few newbies have when signing up. It's all part of the game. I've also lost money when investing, whether that was staking or trading, but I've also gained a lot more to cover such losses. It's inevitable; you need to accept it and move on.

They are not investors. They are gamblers. Investing takes time. It takes multiple years, sometimes decades. Ask Buffett about it. He would say "Our favorite holding period is forever." That means a lot if you are capable of understanding it. It means if you know the asset that you are buying well, why worry about its current price? In the long term, it is guaranteed that it will be more expensive than today. In the short term, who cares? Prices can get manipulated in the short term but you can't fool anybody as the time passes.

Sorry, I chose the wrong word. I mean, in my area rich people are often called "Sultan". the word "sultan" is often used informally as a synonym for a rich or upper class person in my area.
Yes, I know, there's really no point in giving trader tips to anyone. But I think there is no problem at all, if we share experiences and remind each other of the good things in the trading community. As a trader, while it is very important to maintain self-confidence in self-researched trading strategies and methods, it is also important to be open to new ideas and learn from the experiences of others. Whatever it is, I'm sorry, I don't mean to patronize the seniors here.

Some investors usually disregard the risk of crypto investment and only see it as a shortcut to getting rich which is obviously a wrong mindset. They tend to lose patience when they see the shaky condition of the market. However, most of us still learn from that mistake. There were opportunities of making huge profits that we might miss if won't have patience. Considering and dealing with the risks is too important if we want to make a good profit in the future. That will be possible if we already know how the crypto market works.

In short there is no getting rich quick here in the cryptocurrency business. This is what you want to convey in your post. If there are people who think that it is quick to get rich in cryptocurrency, it is probably the majority of newbies who think that it is easy to make money here, which is not really true.
This is what most people entering the crypto space should also know that they need to study first and also do research before jumping in and entering this industry.

My first and foremost question to OP:
Who TF is Sultan? And why would anyone want to become a Sultan when they have their own identity, their own recognition in the world?
Next, no investor is perfect or can be perfect ever.
I saw a trader performing well on bybit for almost a year, other traders who were copying his trades were so confident (one of them was my friend and he said that this trader is like Illuminati, he knows every move of the market), they went all in on him with one trader putting over $100k on his trades and copying. That month, he did worst trades and this trader lost his $100k because of unlimited number of trades that the trader opened just to save his capital from being lost in futures, but he couldn't. All he lost was $250 only but that trader lost $100k, so this trader didn't lose money but faith that other traders had on him, the belief in him got ruined after he traded overconfidently. So there is no point in giving any tips to anyone, just stick to your strategy and it will work.

We all know every investment is risky so you shouldn’t be expecting profit immediately you make investment, you have to equal your mind, you might endup winning and also you might endup losing, so as a good investor, your target shouldn’t be about profit always, you should think about lose also sometimes, because anything can happen, no investment is certain.

Whenever you win as a investor, then go back to your journal to check why you win in the investment, and incase if their is lose in your investment, then go back to your journal to check why you lose and you have to find solution to your mistake. You can’t be an investor and you won’t lose money.

Without doing the research before investing, he will not profit unless the investment project suddenly gets a very high pump and he manages to sell his tokens at the highest price. But that rarely happens because of the many new projects, it difficult to know which token will increase.

As investors, we must know how to choose the right project from our research so that we will not be mistaken in choosing the project. Most people who invest in crypto just follow what's trending or based on advice from others so they will just buy it and hold it.

If they don't want to lose money investing in crypto, they can invest their money into bitcoins and leave behind projects that are hard to predict which ones will improve. It would be better for them than looking for coins from the many existing coins.

True and gambling like that I think is a bad choice considering there are other options that are much safer,
losing money in an instant of course it's a blow and it's not easy to accept it for sure,
acknowledgment doesn't make better so better focus on yourself.

I also want to add, like you said, don't claim to be an investor if we can't understand that investing is part of the risk, so whatever we have to accept the risk. Apart from what you mentioned, I think we also have to be able to distinguish between investors, traders, speculators and gamblers because these four things are very different. Each of these activities has a different analysis and of course the action is also different.

An investor aims to generate long-term profits by purchasing assets that have increased in value over time. Investors usually have strong fundamental analysis and consider economic, financial, and industry factors before making investment decisions. Investors usually invest for a longer period of time and are willing to take on greater risks for greater returns.

A trader, on the other hand, tries to take advantage of market fluctuations in the short term by buying and selling assets in a relatively short period of time. Traders usually focus more on technical analysis and make decisions based on price movements and market trends. Traders usually seek to make profits in the short term and are willing to assume higher risks to achieve this goal.

Speculators are, by nature, more aggressive traders and tend to take bigger risks. Speculators usually look for opportunities to make big profits in a very short time and pay little attention to the fundamental or technical factors that support their trading decisions. Speculators tend to have a very high risk tolerance and are willing to accept big losses if they are unlucky.

Gamblers, on the other hand, tend to take risks without doing adequate analysis and only hope to win a fortune. Gamblers do not have a clear investment or trading strategy and often make impulsive decisions. Gamblers usually do not consider fundamental or technical factors and only rely on luck to make profits.

Therefore, it is also important that we don't pretend to be investors if we can't distinguish between investors, traders, speculators and gamblers. Because each of these activities has different risks and potential benefits, it is important to consider these factors before making our investment decisions.

Most investors expect them to succeed. Invest today and expect huge profits from that investment in the future and thus become rich overnight. But they will never get it after investing and if the market condition goes bad then there will be huge loss. So I think those who invest should analyze the investment well and have an idea about crypto and hope to gain later. There are many people who invest in altcoins because they think that investing in altcins will give them good profits in the future. But they never think that most of the altcoins are scams due to which people's demand for investment decreases due to loss. So it is wise to invest in Bitcoin if you are investing for the long term you must invest in Bitcoin. Analyzing the market, it is best to invest and hold for a long time when the price of Bitcoin is down.

Very few are able to be that honest with themselves, most of the time the most common reaction is to try to blame someone else for the losses they have suffered, and while sometimes those people do indeed hold some responsibility, at the end of the day they cannot be blamed about all the mistakes those newbies made.

However that attitude not only prevents them from acknowledging the truth, it also stops them from improving, because if they try to trade the markets again then it is likely they will still obtain the same disappointing results once again.

That's what happened when we went back to 2021. Crypto people are very enthusiastic, and many individuals invest in crypto even if they have no experience in order to get rich like others who have become billionaires as a result of this. But the contrary of what they predicted happened: they lost their invested money, while others lost more than half of their investment. So that's what happened to our crypto; there are so many people on social media who believe crypto and Bitcoin are scams. But they made a big mistake: they didn't conduct any research and invested in cryptocurrency without knowing it was a hoax.

My only piece of advice is to stop blaming crypto for your decisions and instead learn to recognize that it is your fault. True, there are fraudulent coins or tokens, but there are also legitimate ones, so do a research before buying.

He's thinking about the miracle to come, ain't an attitude as an investor.
We don't need to proclaim ourselves as an investor nor tell everyone but at least we did it silently. Investing is not difficult to manage but some people make it hard because they never know what really is all about. Like brainwashing for many promoters and asking people to invest their money into crypto and then make money by tomorrow. In this case, if you are an investor, you can really think about how these people are fooling others.

Investor is looking for huge return in the future, if someone invest today and hope tomorrow he will earn huge return, he's either a shitcoin trader or gambler. There's a chance shitcoin will make someone rich over night, but there's a chance you will lose all of your money you have invested, same applies with gambling.

But what is the purpose to claim himself as an investor? I don't need any recognition from anyone and better to being silent.

Losses are a natural part of trading and anyone in this field is bound to experience them sooner or later. No one is perfect and trading is a difficult field that requires wise decisions, timing, and especially patience. Without these things, you are more likely to suffer significant losses and could affect you morally and financially, so it's better to learn from them in an easy way rather than the hard way.

I agree with the OP that losses are a part of investing in Bitcoin and it's important to learn from them by asking yourself what went wrong? and devising new strategies to prevent similar losses in the future. Remember, it's not the end of the world and with the right approach, you can bounce back from losses!

Basing up with my own understanding then he does particularly mean about becoming rich because if we do make out some research about on what it is

A sultan is a secular ruler, usually in an Islamic country. The name came into use as the nation of Islam far extended its territories and relied on secure governance in far away provinces and countries. The sultan, as ruler, was initially inferior to the ruling caliph, but generally governed with almost absolute authority in a particular area.Source

So i do presume that OP is a muslim and we know that having this high position does simply means that you do really have the power and the money. This is why he do make use of this word on someone
who do really make out some investment and make some huge profits or how many multipliers but same as you said that it wont really be that precise if you do make use of such word but
you do only invest a small amount. Of course you would really be able to hit up big if you do put up big specially on bitcoin but we know that not all would really be having the capacity on doing
so. This is why some people do really take out some option on putting money on meme coins or degens which they do hope that they would really be able to hit up the right spot
and multiply their investment on how many folds.

The word Sultan used but he might preferred the word rich.

Anyway back to the topic those people who claim to be an investor while following this type of investment then we can be sure that they are not even close to investor they are just trying to be after watched a video on YouTube or something.

Creating wealth will take time, if you're too lucky you can make millions with 10 dollar lottery ticket but it won't happen in everyone's life, whereas the investment mainly depends on how consistent we are and how do we compound the profits made from the previous year because the power of compounding is far beyond than we think.

Just because they have enough money for initial capital as an investment and consider themselves a good investor.
Even though they don't have enough knowledge to be a real investor.
It's not easy to do, it takes knowledge of how the crypto market works and good management and research on the projects they will invest in.

Novice investors usually only rely on instincts and seem to be in a hurry in determining what projects they want to invest in.
Even though it takes time to research so as not to get caught in scam projects or other fraudulent projects.

To become a successful investor takes time, it cannot be done instantly.
It takes patience and a strong mentality to hold the long term and continue to be patient before the target is reached.

Well we are not here discuss a quick rich scheme so obviously everyone understands it does not work that way. What happened few years back is not gonna happen again. Bitcoin was naive at that time, no one understood it immediately or may be no one knew whereabouts of the bitcoin.

It was risk and reward type of investment back in the time. Definitely those who took the risk gotten big share of the profits and became millionaire.

Unfortunately the market is way way tougher now. Mostly in terms of its price, a full bitcoin is not easy to buy neither it’s gonna be easy to mine.

Those who are with the attitude that they can buy it and get big share of pie, well not gonna happen for sure.

Most persons I know are like that,they call themselves investors but they lack the basic things that investors have.They are not yet on the range that they are supposed to be,but they claim to be investors.One thing  I know about the system is that if you rush while making investments,you are likely to do badly or make loses,but as they normally say,patience is a virtue.It is patience that  that holds the driving force to a successful trade.It takes years for the money invested to actually yield reasonable results that will satisfy you.But impatience don't let some persons allow their coin to multiply profits.

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.

Even in the early days of bitcoin, not 99% of people wanted to deposit money and make money overnight; these new generation bitcoin enthusiasts now make up almost 80% of the community. Since we all know that holding onto money for a long time helps and will still help, you can't say that 99% is accurate, even though most new investors had that idea in mind before entering the market and thought they could make money overnight.
The majority of forum users avoid these every day, and every time someone asks for advice about bitcoin, we don't provide it; instead, we inform them of its basics and other things they should be aware of. I think you should refrain from telling him about the risks involved in doing these things because if they fail, they will likely blame you, the person who gave them the advice. Giving them information rather than giving them advice is, in my opinion, the greatest way to help people accept bitcoin. You should let them decide if they want to take the risk or not.

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.

It's true that investments don't grow overnight and it requires tough patience on it for see its growth. Many of the newbies in investing think that it will just grow so fast at the rate that they want to be but that's not how it goes.

If it's 29% annually and the example you've given is $10k then the APY should be $2,900 instead of $12,900. It's true that we won't be in that position of being like a sultan or highness with these investments. But someone who understands the process that this is good money and you just need to be wise and have more of them so that these incomes especially the passive ones will just come to you with ease. But at the start of it, this is the hardest part where you'll need to dedicate a lot of time to learn and to test and at the same time, a lot of money.

There is also what we call paper loss (or paper profit):


https://www.investopedia.com/terms/p/paperprofitorloss.asp

So it's not necessarily a loss on our end if we are not going to sell when the price goes down or what we call panic sell. The important thing here is just invest what you can afford to lose. And then go for long term, at least experience one full cycle and see how it goes for you. I know it's going to be a mental battle, but it's part of the game, you really need to be psychologically prepared because you will be tested many times to sell during the HODLing cycle of yours. And if you learn how to get over it, then most likely you might end up rich someday.

Seriously 99%? Haha
I don't tjink about this. I know that there are so many people who are still expexting about being rich sooner overnight by investing in Bitcoin
 But nowadays, many people have been aware not really easy to do this. That is why I am not sure that it is almost 99%. From where you got the percentage?

But, whats you said is actually true that investing in Bitcoin doesn't mean that you may be rich sooner or even in one night. Many newbies may expect this because of what they heard previously or they heard from scammers who want to steal their money from fake Bitcoin investment that they offer. That is why commonly newbies become the victims of the scammers and this always happening. Bitcoin needs time to increase much, moreover during this bearish era, there will be very high volatility so that the rate will be up and down very easily. If we panic with the rate or market changing, this will end for us.

OP is trying to say that most people invest in BitcoinBTC and cryptocurrencies with a motive to become quickly rich which is wrong and most of the time they just expect too much from their investment and may eventually feel disappointed.

In every other investment, 10-20% ROI is considered very good but when people invest in Bitcoin they expect to attain 100% or even more ROI and also in a very short span of time.

Now the question arises, why do people expect such high returns from bitcoin investments
Perhaps there are lot of success stories being published on social media where they tell that people just changed their fortune via crypto investments, Well, it's true but the ratio for those people is very less who become rich overnight.

everyone who is going to put their money into investing in crypto I think has thought well. except for desperate people. no more stupid people who will think of coming to the market to buy cheap and sell expensive with multiple profits in a short time. we have to assume that anyone who invests in crypto will have a long term foundational concept. if they are still thinking about winning the jackpot, then they will have no progress.

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.

You are giving incorrect figures about the size of Warren Buffett profit. You could use Google to find out that, for example, in 2019, the profit of Berkshire Hathaway, which is owned by Warren Buffett, increased by 1900% compared to 2018. In addition, in 2021, his company managed to increase its net profit more than twice. And given the fact that the cryptocurrency market is even more volatile, the opportunity here to multiply your capital is also real.

Or mainly the ones who could easily make out some adjustment whenever he do sees something wrong with his portfolio and could easily adapt and make out some changes if it needs too. Yes, holding is something be called a skill specially if you are tending to hold for 5-10 years or something because if we do look around on which there are lots of ways or factors that could affect someones mindset and target in mind whenever they do able to encounter not so good looking things or situations which it might be affecting out on what you had molded up plans earlier. It is really that a very common approach on which you are really that optimistic towards your investing capabilities and ending up on minding about getting that positive result but as i said that once you do have that experience on this field then you are aware on possible
every events which you might be able to face head on.

Just dont make yourself that close minded and would be sticking into something which we know that everything could changed and its always ideal on sticking into projects which had been tested out
by time.

No investor will have the mentality of expecting to lose money on an investment they intend to make even if it cannot be avoided. Sometimes the mentality with which investors join the market has an impact on the amount of energy they put into it, which in turn affects the projected return from the investment. All they have to do is be positive and aim to maximize profit while minimizing loss on an investment.


A good investor is not usually the one who makes the most profit, but rather the one who can quickly restrategize, alter the strategy in his favor, and reduce potential loss while increasing profits.  Being patient is one of the characteristics of a good investor. However, being patient without always thinking outside the box for a possible way out of a failing investment can lead to total failure.

How did you get this estimated value, because the last time i checked people are still making massive profit from investing in crypto which implies if they were planning one becoming Sultans over night then none of the progress recorded in crypto investment would have been possible.

Lets narrow it to a regular experience and stop the Sultan over exaggeration. A project that doesn't have the potential to do well within a space of 2-10 years is not worth risking your funds. I mean how will a so called investment not having good ROI within 10 years of investing. If that be the case then it is not worth trying in the first place. I mean 10 years of someone's life wasted on an investment with no value.

One of the most common big mistake of most investors specially when they are just still starting up because when they do make out some acts about putting money into something and just because they've seen that

lots had made out some huge profits and make money then they would really be instilling into their minds that they might be able to get on the same results if it turns out to be having a bullish market, without even
trying to look at about on the realistic side of things about gain percentage and would really be basing up on the money that they had invested on the first place.Not all would really be having  that
realistic approach but rather going into that delusional approach.

People would really be making out some learning and realization when they had able to experience out some negative things along the way. They would really be able to realize thats not how simple as it looks and sounds.

There is nothing in the post to quote and answer I am quoting this for the notification to the OP, Dear please elaborate on the motive behind this masterpiece. I want to know if you can explain it in a simple flow, you are trying to explain the importance of consistency and patience in the crypto market and financial life which allows you to change your destiny, without both of them you can't be successful that's it.

This is what I understood from the Post nothing more than that, I think my understanding skills need to be improved, and I will defiantly try to work on it (On My Understanding Skills).

__SUTLAN HAMZA___

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.