Investing doesn't guarantee you to be rich - page 9.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

Quote from: xSkylarx on June 08, 2023, 11:12:58 PM

Quote from: Reatim on June 08, 2023, 11:05:44 PM

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.

yes, I also do not agree that in investment, there is a 100% guarantee to get profit. I'd rather say that the opportunity to earn is in every legit investment. After all, we don't know what will happen to the investments we invest specifically in bitcoins. we may be sure that in the future we will get a profit, but there is no 100% guarantee. for example, right now quite a lot of people are investing in bitcoin when it reaches ATH, but until now they are still getting losses. in the future the price of bitcoin will most likely rise, and it is likely that if they hold on to the bitcoins they have, they will get their profits back. however, there is no guarantee for that.
So, I think we have to keep doing research and analysis to get that opportunity close to a high percentage return, even though there's no guarantee for that.

barisbilgili

sr. member

Activity: 812

Merit: 252

Free Crypto Faucet in Trustdice

Quote from: jeraldskie11 on June 09, 2023, 02:09:22 AM

This is partially correct, and it occurred in 2021. Many people are investing money in cryptocurrencies without adequate information. They believe that investing will make them wealthy quickly, but the results have been the contrary of what they expected. They lose a lot of money in the process. But if they just knew how Bitcoin works, I mean if they had enough knowledge of it, they would undoubtedly get wealthy with it in the future. I am convinced that Bitcoin will not return to zero due to its essential characteristic a scarcity, which is why I invested in it and will hold it until it reaches the price I desire before selling it.

that is why it is necessary to have some knowledge before starting to invest and not only in Bitcoin but all things.
many people see the success of other people who take a lot of profits in a fast time on Bitcoin so that other people flock to do it too, that's a big mistake in my opinion.
understand everything before starting to invest and then decide.

if you have known Bitcoin for a long time, surely you will believe in your future investment, as well as me, I will believe in investing in Bitcoin in the long term, no matter the current price correction, but I believe that one day Bitcoin will return to the price which is high and I can take big profits, all of that needs a process.

Quote from: Litzki1990 on June 09, 2023, 01:32:11 AM

There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.

Bitcoin price movements move very quickly and significantly so that it is possible for anything to happen, but for people who hope to get rich in a short time I think a big mistake is precisely by doing so creating a very high risk.
if trading Bitcoin in a short time maybe someone can get rich because of its fluctuating movements, but it must also be realized that the risks that will be faced will be quite proportional to the possible profits that will be obtained.

jeraldskie11

sr. member

Activity: 1316

Merit: 356

Quote from: Litzki1990 on June 09, 2023, 01:32:11 AM

Quote from: Reatim on June 08, 2023, 11:05:44 PM

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.

This is partially correct, and it occurred in 2021. Many people are investing money in cryptocurrencies without adequate information. They believe that investing will make them wealthy quickly, but the results have been the contrary of what they expected. They lose a lot of money in the process. But if they just knew how Bitcoin works, I mean if they had enough knowledge of it, they would undoubtedly get wealthy with it in the future. I am convinced that Bitcoin will not return to zero due to its essential characteristic a scarcity, which is why I invested in it and will hold it until it reaches the price I desire before selling it.

EarnOnVictor

hero member

Activity: 826

Merit: 641

Leading Crypto Sports Betting & Casino Platform

Quote from: xSkylarx on June 08, 2023, 11:12:58 PM

Quote from: Reatim on June 08, 2023, 11:05:44 PM

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.

I wish you guys are correct, but you are certainly wrong, and it is so awkward to be comparing investment with gambling/lottery. Frankly, a guarantee is not the same thing as perfect, nothing is perfect in life, but when it comes to a guarantee, a lot could be guaranteed you would even work/practice to an extent and what you thought doesn't have a guarantee will be what will be your means of livelihood.

I am a trader and investor for long years and I have seen and met a few people in about 5 countries doing extremely well in trading and investment. They do nothing aside these and they are rich. So what do you call that? Hasn't it guaranteed their riches?

We should not be thinking about ourselves and our capability alone, to you, it might not guarantee it because you have not trained to the extent of knowing the key but some have found it already.

Litzki1990

sr. member

Activity: 1386

Merit: 406

Quote from: Reatim on June 08, 2023, 11:05:44 PM

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.

bayu7adi

hero member

Activity: 1470

Merit: 555

dont be greedy

Quote from: wastagnn on May 26, 2023, 09:43:22 PM

Investing itself carries risks. While investments have the potential to bring returns, they can also result in losses.
Investing requires time and patience, treated with prudence and rationality. Investors should conduct sufficient research and diversify investment risks to reduce possible losses.

If we're talking about investing in the financial sector, then yes. We all need some specialized knowledge to make wiser decisions regarding our investments and the money involved.
Luck also plays a significant role in the final outcome for an investor.
Apart from Bitcoin, we can actually invest in education for the growth of our minds. By filling our minds with financial knowledge, it will be immensely beneficial in determining the direction and steps of every decision we make in Bitcoin investments.

xSkylarx

hero member

Activity: 2366

Merit: 594

Quote from: Reatim on June 08, 2023, 11:05:44 PM

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

woez

member

Activity: 492

Merit: 48

Quote from: CageMabok on May 27, 2023, 03:09:50 AM

Quote from: woez on May 26, 2023, 10:19:35 PM

I support your statement this requires patience. usually happens and it works when the BTC drop occurs. to reduce the possibility of risk occurring it is true as you say but look at the reality in the market, if BTC just goes down a little. the others are really affected there are also 5x faster and for the rebound it takes a long time. But if you invest with BTC, I'm sure the feeling is much different and the effect isn't as strong as in altcoins.

Patience is only needed when the price of the assets we invest decreases, while for other sectors I don't think patience is needed because what is really or more needed is a strategy and how to store it. Because the investment that feels more enjoyable is investing in the long term, not just in the short or short term, which is almost the same as trading in the market. But apart from all that, I also agree with the application of patience in investing because this is an important point in investing in addition to several other points that must also be present.

Yes. financial management is urgently needed. but, if what we invest goes up, we will be excited, if it goes down, be patient, the best we can do. I think what you explain to me makes sense and good opinion. Thank you

nesty

full member

Activity: 518

Merit: 184

Investing doesn't guarantee us to be rich because investing involves a lot of risks, and there is no guarantee that the investments we have will earn a big profit. The market is unpredictable weather it is a stock market or crypto market and there is always a chance of losing money. Investing really requires patience and discipline and it may take more years for investment to grow. We should have the knowledge and skills before we invest. It is important to make a research first before investing to any kind of investment. Never invest what you cannot afford to lose.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Quote from: Ojima-ojo on May 27, 2023, 02:28:30 PM

Quote from: ?? on ??

Sometimes you need a little bit of luck

Yes, that is it, luck plays a vital role in our daily dealings and not only in gambling do we need luck, we also need luck when investing even though we will rely more on our analysis of the market.

Btw luck on the side of investment plays a minimal role and doesn't have that much role to play in the outcome of it, but if luck is on your side, you will easily choose the right investment instead of trial and error of analysis that sometimes leads to further losses.

I also think like you, to have success not only needs a little luck, but luck plays an equally important role in our efforts. Without it, I don't think we would be successful, especially with a market as volatile and unpredictable as crypto. That is also why many intelligent and knowledgeable people fail to succeed, while some people who do not need to be very good still easily succeed.
Regarding success in the crypto market, I think we need to rely more on luck than effort, although we shouldn't stop trying to get the best results.

Latviand

full member

Activity: 1540

Merit: 219

Quote from: ?? on ??

Sometimes you need a little bit of luck

You do need it but it's ignorable if you are smart and analytical when it comes to investing, knowing the right companies, the behavior of the market, the trends in cryptocurrency market is enough ammunition for you to be able to make sensible and profitable investment strategy.

Investing doesn't guarantee you to be rich but if you know what you are doing, it's already guarantee that you can make some bread with investing, the rich part matters only by how much money you've put in that smart investment: smaller amounts will accumulate but it's a slow movement, large amounts on the other hand is like hitting the jackpot in a gameshow.

Woodie

hero member

Activity: 1834

Merit: 879

Rollbit.com ⚔️Crypto Futures

Unfortunately thats what many of us think about investing that it will always pay us a profit and become Rich in a few steps.

But unfortunately the reality of the so called investing is that its kind of gambling with only two results, win or lose and this is what the successful people don't tell you.
And sadly the people that get rich from investments are those that can repeat something over and over.. in the process growing their bank accounts which is archived after so many failed attempts.

Quote from: ?? on ??

Sometimes you need a little bit of luck

Agreed, some people get their Riches from hard work, others only need a little bit of luck and boom success written all over them just like that.

EdenHazard

legendary

Activity: 2674

Merit: 1048

Quote from: Yamifoud on May 27, 2023, 08:28:18 AM

Quote from: Bitstar_coin on May 27, 2023, 07:31:49 AM

If investing doesn't guarantee richness is keeping the money idle does?
I think your topic head is a bit contradictory from the content. Investing in the right business with the right mindset can make you rich, likewise investing in bad business. The point is knowing when and what to invest on.

If OP is right then nobody wants to become an investor...
Fortunately, we never see such an idea was right but definitely wrong. If he is able to see the reality of investing, he'd really find out that these rich people are investors.

Well, I'm glad not he say that being an employee guarantees us to become rich otherwise, I quit being an investor and get back to working under the boss who is an investor.

At least with any kind investment you are involved in , you have a better chance to achieve that what so called 'rich' ... you will also had something to expect in the coming months or years ... beside your main income , there are a lot more positive thing than the negative one.

So there is no reason to fight against this idea.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: Bitstar_coin on May 27, 2023, 07:31:49 AM

If investing doesn't guarantee richness is keeping the money idle does?

Obviously, it does not, but whether the investment can make someone rich is dependent on the profit of the investment. Whether the profit is recurring or just one time. Also, there is no guarantee that an investment is a success until it happens.

Quote from: Bitstar_coin on May 27, 2023, 07:31:49 AM

I think your topic head is a bit contradictory from the content. Investing in the right business with the right mindset can make you rich, likewise investing in bad business. The point is knowing when and what to invest on.

The content tells the things to do to ensure that investment will be a success, in my case, the topic is missing something to make it connect to the content. But all in all, it is a good suggestion to do when one is into an investment.

Ojima-ojo

hero member

Activity: 910

Merit: 507

Quote from: ?? on ??

Sometimes you need a little bit of luck

Yes, that is it, luck plays a vital role in our daily dealings and not only in gambling do we need luck, we also need luck when investing even though we will rely more on our analysis of the market.

Btw luck on the side of investment plays a minimal role and doesn't have that much role to play in the outcome of it, but if luck is on your side, you will easily choose the right investment instead of trial and error of analysis that sometimes leads to further losses.

BD Crypto

full member

Activity: 658

Merit: 158

BTC Rocks

In crypto market sometimes confidence doesn't work because of market manipulation by whales. For that I will suggest to buy at the dip and place your order on a support level. And always we should use stop loss for funds safety. We can recover small losses but if market crash then we may not be able to place order again and our confidence will go to zero.

n0ne

hero member

Activity: 2618

Merit: 548

DGbet.fun - Crypto Sportsbook

Quote from: Japinat on May 27, 2023, 12:51:30 PM

Quote from: ajiz138 on May 21, 2023, 03:47:50 PM

Quote from: Ojima-ojo on May 21, 2023, 03:39:18 PM

The fact is that investment in general entails a lot of risk and not all investments will end in profits, some will lead to great profits ending.

While on other occasions, the market can go overboard against you, so what is important is that at every point in time, we need to build the financial knowledge that could point us to great advantages which could minimize our risk level.

There are many investments with minimal risk, there are also investments with high risk, in this category, you can choose whichever is the readiness, but behind big risks there must be high returns and we may hear that saying often.

If you want to get rich quickly from investing, it's impossible unless you go through several phases that you go through.

Knowledge of bitcoin is also important, in bearish times how to take advantage of it as an early investment because it is likely that bitcoin will recover again after being bearish, your patience is also very important if you are involved in bitcoin.

Not just in cryptocurrency field alone because the reality is, there's no field in investment that offers guarantee. We always talk about the risks, no matter how big or small it is because that is more realistic rather talking about guarantees unless if you're in a scam project where everything are just too good to be true, you may earn and reap the profits if you're lucky but in most cases, you are just donating your hard earned money.

Every investment comes with a disclaimer, investment is subject to market risk. Please understand well and invest, which is the real fact about investment. Just investing and leaving it for the long term doesn't assure with the profit or being rich. Every investment used to grow in value over time, but to become rich is not a simple thing. We should understand well about the market and know in which asset to invest. This is possible only through continued observation of the market as well as experimenting the market variations.

Sanitough

hero member

Activity: 2856

Merit: 674

Quote from: MarjorieZimmermanGinger on May 18, 2023, 05:51:17 AM

Quote from: DevilSlayer on May 08, 2023, 12:01:42 AM

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.

In addition to knowledge consistency is needed in investing, while success or failure depends on how a person plans the investment he is making. Investment requires money as the main requirement to run it, if you have a little capital to start then the profit will follow the adjustment of the capital, whether you become rich or not depends on how much money you use to invest.

Talking about investment reality will bring you to the stage of wealth if you have large capital and you know the right moment to buy. Profits will be proportional to the capital you have and the greater the capital you place, the greater the profit you will get, that is the actual investment formula logically and in reality.

That is if you are investing with skills and high knowledge. Otherwise, large capital does not guarantee big profits at all since investing without preparation will only waste your money and efforts. However, know that all investors should experience inevitable losses before they succeed and achieve bigger profits. So never be discouraged if you are exposed to losses especially if you are still a beginner, that will motivate you to deepen your desire to succeed as you grow and improve your investing experience.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: ajiz138 on May 21, 2023, 03:47:50 PM

Quote from: Ojima-ojo on May 21, 2023, 03:39:18 PM

The fact is that investment in general entails a lot of risk and not all investments will end in profits, some will lead to great profits ending.

While on other occasions, the market can go overboard against you, so what is important is that at every point in time, we need to build the financial knowledge that could point us to great advantages which could minimize our risk level.

There are many investments with minimal risk, there are also investments with high risk, in this category, you can choose whichever is the readiness, but behind big risks there must be high returns and we may hear that saying often.

If you want to get rich quickly from investing, it's impossible unless you go through several phases that you go through.

Knowledge of bitcoin is also important, in bearish times how to take advantage of it as an early investment because it is likely that bitcoin will recover again after being bearish, your patience is also very important if you are involved in bitcoin.

Not just in cryptocurrency field alone because the reality is, there's no field in investment that offers guarantee. We always talk about the risks, no matter how big or small it is because that is more realistic rather talking about guarantees unless if you're in a scam project where everything are just too good to be true, you may earn and reap the profits if you're lucky but in most cases, you are just donating your hard earned money.

Topic: Investing doesn't guarantee you to be rich - page 9. (Read 2364 times)