Topic: Investing doesn't guarantee you to be rich - page 2. (Read 2364 times)

You got it right!

Everything would really come from hard work and wise decisions that would be make and also making up investment doesnt mean that you would get rich but having these things would really be giving out that kind of opportunity for you to make yourself that having the chance on getting rich but of course if this one turns out to be positive because if not then it does means you have failed.There are lots of factors on which
you should really be mainly thinking for you to go with the right path of investment and not just really that be that contented that you had invested but didnt make some further steps.

If you are that projecting yourself to be a successful person in the future then you should act now and would really be wise on every decisions you would be making.
It would really be still that a long journey for you to take and not really that something that so simple.It would really be that tough and very challenging considering that
everything would really comes in your way.

I don't think this makes sense lmao. The fact of the matter is that you took up investing under the notion that this will give you the comfortability in life that you so desire. And it's not just hearsay too cause the industry had a history of providing millions of people this comfortability, so I don't understand where "investing isn't going to guarantee you to be rich" is coming from. I mean of course if you don't take this seriously and just frolic around while the rest of us are busy busting our balls in the ringer, you'd never find success in the investing world, but gathering knowledge, experience, and exerting effort (which you should've done in the first place) will almost always give you that opportunity, and I get that there's a margin of risk in investing but if you managed to gauge how far you can go it's almost always success for you.

It's possible to get rich in a short amount of time on crypto investments, but not everyone will be that lucky. So the mindset of getting rich overnight for crypto investing is not a realistic target for any investor, but they need to be patient enough to wait for the return on their investment to really be as expected.

In crypto, you can still expect to get 3x - 4x returns on your investment in 1 - 2 years, but of course you definitely have to know exactly when to get in and when to get out. Bitcoin allows you to earn that kind of return and if you compare it to the potential return of other physical investment assets then I believe those large returns are relatively more likely with bitcoin over a shorter time frame.

I think there has no short cut way to rich. If anyone think i will invest on crypto currency and i will be rich within short time, i think that will be your wrong thinking. Cryptocurrency always give you profit it is not true some times it will go your Against. If anyone hold bitcoin or another good coin today or tomorrow profit. But always you think investing has no guarantee.

Investing is a highly recognized method for growing wealth over time. But it never guarantees instant profit. Although investing has the potential to generate investment returns but the market is naturally highly volatile and subject to other risks. Investment success depends on economic conditions market performance and investor's own decision making ability. Many investors may make substantial profits and other investors may suffer losses. An investor's calculated investment efforts often carry inherent uncertainty, so investing never guarantees getting rich.

I think that now is the time of great opportunities, when I see how everyone can start their own YouTube channel, or become a blogger and earn good money from it, even a schoolboy does it well, then long-term investment plans against this background do not look very exciting.

But on the other hand, not everyone will be able to create a successful channel, or become a blogger, and long-term investment is suitable for such people. Everyone determines his own path for himself, someone wants to achieve everything quickly, and someone is ready to go to his goal for a long time, but at the same time I don’t think that any of these paths are right, and some are false, just everyone will choose the path that suits him best.

knowledge seems to be the main foundation in this case. we know that many new investors who are just learning to invest for example in crypto, invest randomly just because the price of the coin is low, and the team always promises a high percentage of the coins they have, and finally the investors are influenced, and invest in scam coins the. this is an example of when investing can make you poor.
However, the key to minimizing these risks is to continue to do research and increase knowledge on investing. Patience is also an important key in investing because we cannot see a good investment developing in 1 day. sometimes it takes months or years.

knowledge is something that must be understood by an investor, especially for new investors, of course they have to seek as much knowledge as possible in order to understand the risks and rewards in accordance with the fields to be invested, because these various fields have different characteristics related to risks and rewards. just like we invest in crypto and real estate, of course both have their own advantages and disadvantages. after that we can determine which is the best for us to invest

Its happening when first time investing in Bitcoin or altcoin about their mindset will be rich, but after have much experienced they will understand about investing doesn't guarantee to be rich. But with investing has bigger chance to earn profit although not guarantee to be rich but we have chance to get much profit trough investing. Its not about investing in cryptocurrency only doesn't guarantee to be rich but many kinds of business can't guarantee to earn profit. Be smart when investing money in cryptocurrency and we need have knowledge to research which right time for investing, indeed can't be rich with investing earn profit consistent its most important when trading assets in cryptocurrency.

We need change people mindset when investing actually in cryptocurrency, there are not guarantee to be rich and always earn much profit but for new investor have to understand risk when investing in bitcoin or altcoin.

Absolutely, gaining knowledge and learning skills of utilizing various strategies is crucial to become a successful investor. Adequate education and through research provide the foundation for developing plans of investments in different vehicles, such as stocks, real estate and crypto currencies, and understand their characteristics, potential returns and associated risks. Without proper knowledge and understanding the risks involved, individuals are likely to make impulsive decisions or fall for scams.

That's why investing takes a long time, including that it could take 30 to 40 years in traditional investments, and you would be lucky to cut that in half with bitcoin, because even if you were able to have a somewhat aggressive investment strategy, such as $100 per week, that would take a whole year to get up to $5k invested, and if BTC were to 10x then you get up to $50k invested through the appreciation.. but usually profits do not come that easy, and for many people $50k might not even be enough for them to do much with it (even though $50k gives more options and surely is better than $0k).  

So if a person is investing 10% of his/her income for a year, it takes a whole 10 years in order to invest a years worth of salary, and would it be enough to have a years worth of salary?  and if the investment were to go up 10x, then that would mean that in 10 years, you have invested 1 year's salary and you have 10 years' salary worth of value, so you are nearly half way to fuck you status, since many folks would suggest you need between 20 to 30 years of your expected annual cost of living in order to really be in entry level fuck you status.. which also is going to vary from person to person, but also there would be some kind of a need that the investments are holding their value and growing in the ballpark of 4% or more per year, so that you would there after be able to live off of your investments....

So, yes, it can take a long time, and merely investing $1k and getting to $10k is probably not enough.. even though that amount also gives more options and it is better to have $10k in your investment portfolio rather than having $0k in your investment portfolio, so there continues to be needs to build your investment portfolio without putting the principle at risk...and or to be careful regarding how much risk that is getting placed on the principle that hopefully continues to build and build and build and to grow and grow and grow...

Just try to look around and try to analyze on what are the things that was able to happen on which you could be able to picture out about those probabilities which might able to happen on other projects as well.
Im not really that against with Bitcoin investment but its true on what others been saying that you would really get rich on the time that you had able to get in into those early years or to those extreme dip
or floor price on which it did able to reach out. If you have missed it out then you could still make out some investment but getting rich or getting extreme amount of profit? We cant really be so sure because
hitting up a few multipliers wouldnt really be able to make us rich.

It would really be still depending on how much you had invested or on how much you had put in and make some assumptions that it would be hitting up 10x but you have invested few thousands
then it wont be considered to be big but well its our choice.

What you say is quite right where the potential in investing is getting the opportunity to get rich. Well investing in Bitcoin is one of the investments that is good enough to do early on if you are new or new to Bitcoin. I think we are opening up a more efficient opportunity to get rich in the next year or 10 years time because bitcoin is a very valuable asset that is worth having in portfolio. I don't think there is anything that is difficult to get rich and it is a life choice where if the investment we made since the previous year in Bitcoin when the price was 3k or 10k, of course for now we have seen large estimated profits in our portfolio.

You can learn from seniors who have been involved in Bitcoin for a long time and one more thing, never be shy to ask questions because the seniors here will provide good enlightenment according to their level of knowledge. Indeed it is very necessary to keep learning and that is the key to being confident in investing in Bitcoin.

It’s the concept that has gotten many scammed. I get the idea that you can have your money work for you but, it’s the idea that has been capitalized upon by those that run ponzi schemes and have gotten many scammed in the past years and even up to this day.

It has in a way entertained laziness with investors who aren’t willing to do the needed work but have there eyes set on profit making. Trying to have others take the most risks haven’t made all there speculations and all while, you be at the receiving end. Sadly, this haven’t turned out well for most.

The world has never been that simple and won’t be. You’ve got to be willing to do the dirty job, be at the board with the tools until you’re well enough to equip people to do that for you.

If you invest, it does not mean that you will become rich, but at least you will have a chance to become rich. The longer you invest, the more knowledge and understanding you have of what you are doing. The amounts you invest also matter.

So I think investing is great and it's something everyone should learn.

I agree with you, it's hard to imagine working in the same job for 40 years without any end insight. On top of that having to work overtime and weekends for a boss that doesn't appreciate my sacrifice is horrible. At least among my friends we all dream of becoming financially independent one day. Running a business and being our own boss is one way to achieve that freedom, but it can't be everybody self employed and not working in big companies. The majority of us is stuck as employees and in such a case investing is the only solution to make enough money to be independent one day. It's true that investing is no guarantee to become rich one, but not investing is a guarantee that we won't become rich either. Better to at least try and have the chance to make it, than never to try it and being stuck in the rat race.

Still, not all, because others got in because of the hype coming from influencers, and they are really expecting that it is like rocket science that the price will go up and they will gain profit. This should be the one piece of information that those newbies will sink into their minds so that they won't get scammed or lose their money, because this is the number one reason why newbies are losing their money.

Investment is not a game of chance but a calculated risk, and this is especially true in the volatile and unpredictable cryptocurrency market. True, one can rapidly go from affluence to poverty in the absence of fiscal responsibility and knowledge of money management. But it's unfair to dismiss Bitcoin's early adopters as "lucky" if that's all you can call individuals who've made a lot of money on the cryptocurrency.

Each investor's risk tolerance and viewpoint are reflected in the investments they choose. Yes, there is greater potential for loss, but cryptocurrencies like Bitcoin provide a once-in-a-lifetime chance of exponential growth. The many early adopters who are now worth millions is only one example. And it wasn't just dumb luck; they recognised opportunity where others saw danger.

Obviously, this doesnt mean that you should go out and buy Bitcoin with the hope of becoming the next crypto millionaire, but it's something to keep in mind. Knowing the beast's true character is essential. As you put it, cryptocurrency is not a "shortcut," but rather a new way forward.

After a long run. I can truly say that it first depends on the road God has set for you in life. Secondly, being smart or even genius doesn't guarantee that you will be rich or not. Hard work is not everything. It all depends on the self disciplines to do what you know or what you should be doing then you may start improving your life step by step.

No investment will guarantee you get rich. Because the investment market is very difficult. You can make profit or loss from here. No one will guarantee you that you will be able to profit from it. But if you invest wisely, your chances of profiting from your investment will increase slightly. Invest cautiously by scrutinizing the market when you invest. Invest in good platforms by doing due diligence before investing. And before investing, definitely consult with professional investors and invest at the right time. And with that, do your own research and invest. This will increase your chances of profit a little.