Topic: Why most beginners so much believe bitcoin can make rich - page 4. (Read 831 times)

Bitcoin as a ponzu scheme wouldn’t have lasted till date. Based on how bitcoin technology was built, it will not have a taste of being a Ponzi scheme or something similar to it. Most people that see it as a get rich quick scheme are not enlightened well about it and they just get some bitcoin and have it in mind that they are already rich. Time tells when they don’t get what they want and they exit the market with regrets and hatred for bitcoin since they didn’t get what they expected in the end.


When it comes too easy then it isn’t worth it to make you rich for a long time to come. A lot of successful people pass through a lot of hardwork and patience before they reached where they are today. Nothing is free and no one guarantees you that you’ll become rich overnight no matter how simple it looks. Becoming rich in bitcoin requires patience and hardwork, it is better for you to have that mindset so that you don’t end up being disappointed when you don’t achieve what you wanted.

Well you are right because no investor wants to lose though they do lose at times but in anything one is doing in life you need to be positive regardless of obstacles that might come along the line you need to remain focused and determined before you can attain great results. One of the things that's taking some persons that would have made a headway is impatient, like you can't be able to take your eyes off your investment for a long time before you start reaping the dividends that comes along with it.

Bitcoin investment requires a long interval of time before you can see the proceeds of your investment so I see nothing bad if someone buys Bitcoin and feel so relaxed about it. Okay let's take for instance someone who bought Bitcoin when the price was still $27,000 and is watching his investment growing gradually now ain't you gonna be happy and excited?

Our major challenge in this life is fear, like you begin to feel that what if you invest and lose at the end so the fear of failure has been taking so many persons backward. The only advice that should be given to an investor is not to invest all his income because if things doesn't really go the way they expected they might run into emotional trauma.

Bitcoin investment is far from being a ponzi scheme because when you invest in Bitcoin you will see how the market is going and know when you're making profits or incurring losses unlike ponzi schemes that is very fraudulent because what they basically do in a ponzi scheme is just to rotate people's investment and after which they've witnessed a large number of investors the system eventually crashes.

Of a truth Bitcoin can make a person rich, their thoughts are actually correct. Where be say dem dey make the mistake na when they come feel say Bitcoin na just to carry money invest inside then in a month interval dey go fit cash am out like say na quick rich scheme be this. Another na the high expectations wey dey carry use invest dat money, immediately dey purchase the Bitcoin dey don already dey calculate their profits from dey head say in so time dey go done make this kind amount of money from the investment meanwhile no be so dey don forget the market dey rigid and volatile as u no go fit predict accurately all na just base on assumption and Bitcoin no dey follow such trend, e dey go up and down. Where be say Bitcoin just drop na so dem go begin panic dey plan to sell na why e good to understand Bitcoin as u dey plan invest inside.

What make people so much believe that immediately they just buy bitcoin they will become rich, like I was  just thinking about this, if people think the bitcoin you buy will bring more bitcoin just like that.if bitcoin should be something that only brings profits I doubt if it will be still existing today. It would have ended just like other ponzi schemes that placed over the years.  

The way some people think about bitcoin they feel too comfortable and so relax as if life is so easy like money can be achieved with no form of work. Investors gain profits from Bitcoin because they worked for it, they had patience with the up and down of the market,  This is not an easy work that anybody with no understanding can achieve from bitcoin.