Topic: Investing doesn't guarantee you to be rich - page 6. (Read 2364 times)

It is true. For safety of your life, "Don't invest more than what you can afford to lose", this sentence is not my words and I only repeat a famous advice in investment.

Bitcoin is risky but if historically if you hold your bitcoin a few years, you get good profit. It is a fact when we look back at Bitcoin history. Its future, and will you get profit by holding it a few more years, I don't know.

Bitcoin profitable days. % profitable days holding Bitcoin: 89.3%.

HODL.camp. It suggests you to hold your bitcoin 5 years and 1 month.

Invest to enrich your initial capital but keep your initial capital safe is more important.

If you lose your capital by investment, it is bad. It is better if you don't invest.
If you lose your capital by saving in banks, it is bad. It is better if you don't send your fiat to banks just to get small interest and then lose all capital.

I completely agree with your opinion that successful people always take risk to achieve their goals, but it is important to understand the complexity of relationship between risk and success. Risk can act as a double-edged sword, capable to leading to success if used wisely, on the other hand taking risk without using adequate risk management strategies, can also result in disaster. There is no doubt that Bitcoin has created many millionaires who took calculated risk and made timely investment decision to buy, hold and sell it at the right time. However, making decision to invest in any asset including Bitcoin should be done after due diligence, keeping in view individual's financial situation and risk tolerance level.

Saving money or what is called saving in fiat then it will not produce anything it will be affected by inflation that occurs every year, that is not a good way to get rich even a millionaire can make more money is from the investments they make of course they take the risk yourself and this is one of the courage they do.

There is always a saying that when you take a high enough risk, the return will be high, but when you take a small risk, the profit is small but it will be more stable and will not make us worry about a sharp decline.

Successful people always take risks in their investments, for example how to invest in bitcoin, of course the risk is still quite large, but because our belief in bitcoin investment is strong and bitcoin always has a good history of increasing, that's what I do.

Actually investing doesn't guarantee to be rich but depend on mindset when investing in bitcoin, some people invest their money in Bitcoin as saving assets at the future than holding in the bank, but has some people with their mindset investing for reaching goal with investment funds increasing up at the future with assets investment going to higher price. Its not mistake with some people mindset want to be rich by investing in bitcoin due they have right way when moment for buying bitcoin. For long term saving assests its not problem as investing and use it at the future but have good planning when investing and want tk earn profit as soon possible.

Yes, it's true that investing doesn't guarantee you are rich, but by investing you can increase your chances of becoming rich but with some terms and conditions and you have to master and understand them first about investing, otherwise you might be trapped by fraudulent investments.

Even though investment doesn't guarantee you are rich, with investment at least the money you spend will be useful.
many people have money but they can't start a business because they don't master it, so investment is the solution so that their finances rotate and make a profit from the investment. And there are also many people who understand and master ideas about business but are constrained by finances so they cannot start a business or those who already have a business but have not been able to develop and advance their business due to financial constraints, so these investors are a solution so that they (entrepreneurs) can start and grow their business.
And this is mutually beneficial to each other so that it becomes a symbiosis of mutualism between entrepreneurs and investors through investment. Entrepreneur can start his business and investors can benefit from the money he invests.

Exactly, because by saving money for sure you would be using that money in the future in the end you're saving would be empty. So that's why it would be better to make those money work for you than store it, of course there's no guarantee that you would be rich in investing but studying it would help you gain knowledge and once you've enter in this industry you would gain experience which needed for you to grow so that you're money would also grow. Investing has a risk involves but you can lessen those risk if you study enough before trying things out, it's a win-win situation if you risk that risk since if you earn then that's good but if you lose you will still earn which is experience.

Investing is a way to potentially grow your wealth overtime, but it is not a guaranteed formula to get rich in short or long term. There are numerous examples, such ENRON, FTX and LUNA, serves as reminder that investing is always associated with risk, and companies can face financial distress, and even can go bankrupt, resulting in investors losing their hard earned money. There are several factors those can influence the outcome of investment decision, such as timing of investment, individual's expertise level,market conditions, overall state of the economy and natural disasters. In order to achieve your financial goals, it is important to carefully establish your strategy in consultation with financial advisors, and evaluate your risk tolerance level before making any investment decision.

It is true that investing does not guarantee a person will be rich. But with a strong desire, adequate knowledge, good rules, wise risk management, organized planning, and self-belief, we can increase our chances of success and become rich in investing.

I have read somewhere that you can’t make money if you are saving your money. You have to make money from money, and that too from investing only. I have seen often people keep on saving the money and later target someone who invests and gets some money. They don’t want to take the risk but still want to be rich. Hence, to make money, you need to have the guts to invest and take risks. I know investing has a lot of risk, but if you won’t take it, then how can you be successful? Yes, investing with proper guidelines and precautions will surely help you make good money.

Investing would indeed make everyone rich if the asset they were investing in was Bitcoin, but it didn't happen immediately. Because in order to get wealth itself, all investors who have earned wealth through Bitcoin investment must be able to be patient every year by continuing to mentally mature so that they are not affected by bad news that is always there every year. So it can be concluded that those who have gained wealth through Bitcoin investment are those who are patient and have never been mentally affected by bad news so that they are able to get the wealth they want.

Actually it's not delaying, but some people are still not brave enough to invest in Bitcoin so they prefer to be silent because they remember that their knowledge is still minimal so that it always causes concern when they want to start. If they know that they can get rich instantly by investing in Bitcoin, of course everyone will not delay doing it, because in general everyone really needs wealth and to be rich in their own lives. So this is not forever about delaying, but partly about the knowledge that is still very minimal from some people who want to become investors.

When an investment is seen as a get-rich-scheme thats when you easily get affected because you will be aiming to acquire much in just a matter of time and forgetting that it actually a two way journey meaning it risk involved when actually the market turns bad and paraventure its turn sideways you will be affected badly but thats when you have plans of selling out on a short time but if its a long term investment of which you have studied the type let's say bitcoin investment for example you will probably gain overtime even if the turns bad because a certainty of its rising again is always there, its just a Matter of how patient you are with the investment.

I agree with your statement.

An investment is something that a person must consistently commit-on in order to maximize its potential. Yes, it does not guarantee a person to be instantly rich but it does give a person a comfortable setting and security if the investment had matured in the given timeframe.

For example, if a person invested money from the very start he/she had earned money, then such investment would accumulate its value, thereby setting you a form of security when you reach the age of retirement. Though this will not make you rich per se, it does give you some sort of money for you to use at your fullest discretion.

In order to achieve this, one must indeed commit to such investment. If you do not commit and continue to invest, then nothing would really happen. In fact, it will become more of a liability than an asset to your experience.

Investing doesn't assure with make you rich. The goodness of investment lies on better money management, and it lets you have an eye over the market. Futuristic focus is a must with investment, and not everyone have the patience. This means an investment can be predicted within few years time, if things weren't moving as expected then it is time to switch to other investment.

Investment is a tool that lets you have an earning out of what you've earned. This have got risks and our expectations shouldn't be of overnight rich. Everything needs time to grow, maybe some used to be lucky to make big profits in short time period and we shouldn't have the same mentality of turning rich or making money as them.

But of course it would really be depending on how much you had invested on Bitcoin if you are really that planning on getting rich with it. You cant really expect yourself on being rich
while your investment doesnt really correlate or get aligned on it or you are trying out to achieve.This is why you should really be that realistic about your goals and not on hoping on something which
cant really happen even Bitcoin would pump out and you had just invested a thousand or 1k then even getting that x10 on price increase or folds on bitcoins price would really be just
ending you up on having 10k which it isnt something that would really be considered as a financial freedom.This is why if ever you are really that planning to be rich
then the bigger the better but of course you should really be that mindful about the risks because there's no assurance that we would really be heading there.

I don't care about this Scheme. And it is clear that investing in bitcoin will make you rich. You have to look at the history of bitcoin from year to year and you will calculate the big profits that come your way. Everyone is saying the same thing here, but believe it or not investing in bitcoin will make you rich with huge returns for years to come.

It's no wonder why there are so few millionaires because they postpone the wealth that comes as a result of this be it worry or a minimal level of knowledge. I believe people don't always have to say that investing doesn't guarantee you will be rich. We have to make changes in ourselves and how sorry you are for selling bitcoin at low prices.

Generating money and making it grow is a task that actually has many more implications than the few that may seem... in fact, as you rightly commented, investing is not a guarantee of success and it is often the case that people who start out in the world of investments have unrealistic or even extremely unrealistic expectations of the results that such an action can bring them, you have broken down very well the due considerations when investing and it is that many people only think that it is putting a little money in a active, expecting to generate profits and doing this over and over again, when in reality this is a pretty distant picture of everything that involves making an investment, and that is that, as in almost any aspect of business, you have to act prudently but also effectively regarding the actions and decisions that are taken.

They are going to be risking money in search of a higher return, a topic that is often overlooked by first-time investors or people who have an idea to start a business... In my personal opinion, it is better to have a considerable amount of financial education before to jump into a world as volatile as investment, regardless of its nature. T. Harv Eker says it well in one of his most famous books, having the tools and not knowing how to use them makes them as useless as not having them, the same relationship is used for the possession of capital and the desire to invest it.

It is very obvious that investing the cryptocurrency does not guarantee us to be rich, there are people that had invested in the market and they have lost huge amount of money because of greed and lose of consciousness of what the market is capable of doing to us if we are not wise enough to make proper decisions. Those who keep losing in the market whether as a result of wrong timing or investing in the wrong projects, it is important for us to be observant and know what we are doing it avoid some unnecessary panic and loses as a result of wrong choices.

If someone already has market analysis skills then they already understand that the fluctuating market does not have stable prices and they already understand the risks, so there are only 2 ways to take action, buying and holding all the time until it reaches your dream target price.

If we have arranged financial allocations for long-term bitcoin investment, then we don't need to think about the short-term market impact like a price drop of 15k ago, we even have to increase investment at the lowest price from the reserve fund. I believe that many people have the opportunity to become rich from investing in Bitcoin if they are sure of long-term investment decisions.

Never stop learning and this is something that you should really be having this kind of behavior on which it would really be helpful on your part considering that you are really that progressive on  different things that you might be able to encounter or face on. You cant really make good decisions all the time on which it does mean there's no such thing about perfect investment and outcomes do have it.
Its true that in every investment do have that corresponding risks on which it would really be just that right that you should really be that precautionary when approaching this stuff. Dont be too optimistic and making
yourself believe about guaranteed success because not all do make out investment ended up on being successful. There are lots of factors on which it would really be affecting your success rate
about investments and other correlated means.

Those who understand the market of their investment and are knowledgeable about the pattern and cycle of that investment can have the possibility to get rich because he know when to buy and sell his investment and will gain continuous profit by simply repeating the process.  Just like an event in the Bitcoin market where a trader short his trade by selling thousands of Bitcoin getting millions of dollar on the trade and rebuy his holding once the after-effect of his action of selling thousands of Bitcoin crashes the price and weak hands follow crashing the Bitcoin price even further.  Then the guy rebuys his Bitcoin when the price crash deeper with $10m  remaining profit in hand.