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Topic: Investing doesn't guarantee you to be rich - page 7. (Read 2364 times)

hero member
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Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.
You got a point but then investing can really make someone rich, only if knew where and when he will invest his money with. People who get rich in investing has a plan before they invest and do some in depth research. People should learn to make knowledgeable first in the things they want to invest with before giving away their money and also they need to accept that whatever they invested its either it will make them rich or not.
sr. member
Activity: 1204
Merit: 486
Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.
Yes, I agree with you, investing is a way for us to become rich, even though we are not rich, but at least we can make someone's finances better and healthier. What's wrong is when someone invests and with the aim of wanting to get rich quickly in an instant way, that is the wrong way of thinking in my opinion. I have an example of this, imagine me when someone invests in bitcoin and buys it at the lowest price before it reaches its ATH, that is a huge profit.

Analytical ability and patience in holding bitcoins is a way where we can be on a path that will make us financially healthy. In theory, maybe something like this looks easy, because we only need to buy and hold. However, in reality it is not as easy as we imagine, especially when the market is bathing in blood which sometimes makes many people panic and in the end they decide to sell it.
full member
Activity: 367
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Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
Getting rich is a matter of pure luck.

That's what becoming rich is, just a mathematical probability. The majority of people are not poor because they choose to remain in the lower classes. They are poor because no matter if they invested or not, it was a string of bad decisions which, financially, put them in the lower classes. That is nobody's fault. Looking down on non-rich people never carries a good moral reason. Some people spend their lives trying to build a fortune. Others make a tiktok video which makes them incredibly famous and they leverage that fame for money and become rich. But you can always engineer good luck. All you need to do is have the right mindset- investors have a higher probability of getting rich than non-investors, for example. So by becoming an investor you raise your chances at making a lot of money.

Manifest your fate!
Yes,luck does intervene, but mastering knowledge, discipline, and skills is pivotal in dictating our financial fate. The wealth chasm isnt merely a fallout of poor decisions; its a web of systemic influences. Instead of dismissing it as a bad luck saga, let's dissect the existing socioeconomic structures.

Investing, when maneuvered with sound financial awareness, can be a potent wealth-builder. Staying alert to risks, market flux, and the need for diversification is paramount. Therefore, it's beyond improving your luck quotient; it's about arming yourself with the right tools and know-how. Crafting your future is more than wishful thinking; it demands action and enlightenment.
sr. member
Activity: 1400
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1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.
This is an interesting point mainly because it's very subjective: for some people being rich means having huge amount of money, for others is having a small house and a happy family. But no matter how you live, you will always need money, that is the only common factor for each one of us. Not everyone is willing to sacrifice the best years of his/her life to become rich, and sometimes could be enough to invest in the right assets, be patient, and live a comfortable life.
The purpose of people becoming rich is to lead a happy life. But just as money is necessary for a man's happiness, excess money throws a man into turmoil. Because when a person owns a huge amount of money, he begins to worry about the proper investment, holding and use of that money. so I also think this is a good point. Investing is easy but investing in the right place is difficult because some investments can make a person rich and some investments can harm people. Investment never guarantees one to be rich but the right investment gives a person more than his expected profit.
legendary
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In my personal point of view, investing is not necessarily about getting rich but trying to preserve one's value against inflation and also to increase the yield on one's patrimony though the years.

It is possible to get rich by doing the right investing, but it is also matter of luck and skill. Nobody can be 100% sure on what the next market movement is going to be, after all.

Since we live in societies which favor consumerism and positive levels of inflation (to insentivize spending), then investing makes sense, instead stockpiling cash.
legendary
Activity: 2576
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1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.
This is an interesting point mainly because it's very subjective: for some people being rich means having huge amount of money, for others is having a small house and a happy family. But no matter how you live, you will always need money, that is the only common factor for each one of us. Not everyone is willing to sacrifice the best years of his/her life to become rich, and sometimes could be enough to invest in the right assets, be patient, and live a comfortable life.
legendary
Activity: 3164
Merit: 1127
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I commented on this and I will talk about it again, and that many people keep giving these advice and tips but these people who give these tips never post their successes as investors, that would be much more inspiring than just words, but people don't post their successes precisely because they were not successful but they keep giving tips and advice to other people, so I wonder how they expect other people to follow this advice? hardly people will listen to things that have not seen evidence, this is the current world.

because of giving advice and tips without showing evidence, many people fall into scams, look at some altcoin with low price and other people commenting that it will go up a lot and can give a profit of 10x or 100x so people put a lot of money in these projects with the hope that you will manage to get very rich, but the people who give this advice do not show proof that they got rich with some altcoin that gave them 100x profit, so it is very important that people do not just believe a single person, do more research and look opinion of many people and evidence
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
Getting rich is a matter of pure luck.

That's what becoming rich is, just a mathematical probability. The majority of people are not poor because they choose to remain in the lower classes. They are poor because no matter if they invested or not, it was a string of bad decisions which, financially, put them in the lower classes. That is nobody's fault. Looking down on non-rich people never carries a good moral reason. Some people spend their lives trying to build a fortune. Others make a tiktok video which makes them incredibly famous and they leverage that fame for money and become rich. But you can always engineer good luck. All you need to do is have the right mindset- investors have a higher probability of getting rich than non-investors, for example. So by becoming an investor you raise your chances at making a lot of money.

Manifest your fate!
sr. member
Activity: 2436
Merit: 455
Investing on something but you're just half-assed committed on it won't really guarantee you anything at all. Investment is a commitment, you have to know what you need to do and what you are doing in order to gain profits, if not, your money will just be wasted. And, it doesn't guarantee a rich quick scheme of course, it takes time before you could actually called yourself "rich" unless you're already rich before you've done investing.
sr. member
Activity: 714
Merit: 353
The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding.


Yes, I agree with what you said, mate; however, I can imagine anyone putting a large sum of money—or even a small amount—into a business or investment without first learning the basics of that particular industry. In fact, these types of investors put their money at greater risk than we do because they are unable to predict when they will make a profit, even during a bull run. However, I feel that these kinds of investors and traders need to learn the fundamentals of bitcoin investment and cryptocurrency trading in order to avoid losing money. It will also assist them to secure their investment.


1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.


These kinds of things make it seem as though someone is just sitting down and expecting money to show up at their homes or where they are sitting, which is impossible for someone to do today. Instead, one must be able to work hard with the expectation that everything they need will pay off seriously. While you are correct that some people do that, I can assure you that these kinds of people are those who end up in negative situations and are does who have many things they want to buy, so you can see that if there is not work these people most engage them self in another things.
sr. member
Activity: 2422
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Though investment doesn't guarantee one to be rich, it is a sure way of getting rich if one makes a wise decision as to when to buy and when to make sales. The factor that you listed are great but also your source of funds for your investment matters there are some specific investments that you know are for the short term while some are for the long term this should be taken note of when investing.
it is possible that investment does not guarantee that someone will become rich, but an action to be able to achieve it in one way is investment.
all in the end will be measured how big and also from success, in making an investment, if only with a small investment how can one possibly hope to get the maximum profit so that one can gain wealth.
investment requires prior analysis and requires sufficient patience and nothing can be instant so that you get the best, most of it is for a fairly long period of time, especially investing in crypto.
hero member
Activity: 658
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The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

This frequently occurs to new investors because they are frequently misled by how others profit from trading and therefore want to invest and profit as well, forgetting that this type of investment is governed by a number of laws and that without proper knowledge of them you will only end up losing money. Profit is still not guaranteed even with sufficient knowledge, thus it is always preferable to invest only money that you can afford to lose.


1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

Everyone wants to be wealthy, but not everyone has the drive to work hard to achieve that goal. This is a very solid statement. More than just words are required for success, you must put in the necessary effort, demonstrate tenacity, and give it your all. God will not allow your efforts go to waste. Similar to in school, reading is required to pass an exam, and reading increases your odds of passing the exam.


4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

Lack of understanding makes it difficult to recognize the substantial risk involved in the investment, leading you to believe that return is certain. To be a good trader, you must be aware of the risk involved, keep in mind that you could lose your money at any time, and be prepared at all times for the worst. With this perspective, you can accomplish a lot because you've managed to get rid of fear.


5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

You have actually come up with a good post that will be helpful to newbies and new crypto investors or traders. This is easily applicable to life, failure to plan is planning to fail. Without plan it will be difficult to accomplish anything.
hero member
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Investing doesn't guarantee you wealth, which is 100% true. Investing does give you the opportunity to grow your financial situation, but it also carries risks. Not understanding the dynamics of the market and blindly investing in it is the first mistake for many investors out there. Invest in something after you have properly got the idea of it. How it works, what can be its future, how can you grow more from it. These should be learned and experimented first before diving deep into it. You never know before you have tried it. So we should take that risk for investing and try for ourselves to see if we can become successful.
Also, we need to plan our next step before we even start walking on that path. A good plan will increase the chance of success. Always planning before doing something is a must. Although it is not guaranteed, but with a proper plan, knowledge, and experience the success rate will increase for sure.
Investing is fraught with risks, yet laden with potential gains. Arent risk and reward inseparable facets? Crypto, particularly Bitcoin, follows this axiom. An evolving entity, thrilling for its norm-breaking prowess yet daunting due to notorious volatility. But isnt outright Bitcoin dismissal due to risk a miscalculation? Shouldnt we instead embrace the change, learn from fluctuations, and tailor strategies?

Knowledge and foresight underpin successful investing. Success isnt assured, but doesnt meticulous planning, profound comprehension, and strategic deployment tilt the scale in our favor? Isn't Bitcoin an ideal battlefield to flex our strategic muscle?
hero member
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1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

desire is important because this desire make an interest without which a person cannot achieve his success. One should learn in proper way that how much important is their interest and their hard work for achievements. I think that the person's desire will more likely to increase once he get success because if he faces regular failure then he will loss his hopes and will forget about his desires. So success at some stages and interest both plays an important roles and interest created because of the desires.
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legendary
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    -  Not all people want to get rich, because others are just in the right situation or condition in life and they are happy, the kind who are not poor and not rich but do not experience hunger every time and there is contentment that is called for.

Many are into financial freedom where they don't have to worry about money for their future need.  So yeah, not all are wanting to be rich, but if given a chance, I would grab the opportunity to be rich since it means my future is secured.

Although, I agree with what you mentioned, it's just like desire, we can't achieve something if we don't feel the desire, that's true and that's really one of the factors in what we want to happen.

Desire is not enough, we must have the passion to work hard for goals whether it is becoming rich or having financial freedom.
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Though investment doesn't guarantee one to be rich, it is a sure way of getting rich if one makes a wise decision as to when to buy and when to make sales. The factor that you listed are great but also your source of funds for your investment matters there are some specific investments that you know are for the short term while some are for the long term this should be taken note of when investing.


I agreed that, Investing can potentially provide opportunities for someone to accumulate assets or capital over time, but it's important to note that there is no guaranty of becoming rich through investing. Meanwhile, some individuals have achieved significant wealth through successful investments but it carries a level of risk. It requires careful research, analysis, and decision-making ability regarding your investment opportunities. Additionally, factors such as market conditions, economic fluctuations, and individual circumstances can impact investment outcomes. Remember that without learning and skill towards market trends you cannot master your investments. Ultimately, investing should be approached with realistic expectations and a focus on your financial goals rather than solely aiming to become rich quickly.
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Though investment doesn't guarantee one to be rich, it is a sure way of getting rich if one makes a wise decision as to when to buy and when to make sales. The factor that you listed are great but also your source of funds for your investment matters there are some specific investments that you know are for the short term while some are for the long term this should be taken note of when investing.
full member
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No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside. So if I want to invest, I have to be aware of all aspects of the business that I am going to invest in and I have to invest with a long-term plan, otherwise there will be a high chance of loss after investing. I have to think ahead, never think of investing money that I can't afford to lose.
investing in bitcoin does not guarantee 100% that you will make a profit because the price of bitcoin is very volatile so it cannot guarantee whether you can survive in the market but if you do have the intention to invest in bitcoin it is highly recommended to choose long-term investment, and what you wrote is very true, so that your mind is calm then invest with money that you can afford to lose (make it a habit not to use emergency funds or borrowed money bcause there have been many stories where a person who invested with borrowed money had to resell his investment assets before even making a profit because he had to pay off the loan)
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