Bitcoin Forum

When people start up a company, they give it some years before they expect profits. Most times they even re-invest their profits to expand and build their company to the standard they desire and this requires time. Furthermore, when people buy stocks of a company or make investment in businesses, they give it time which run into years before they expect profits.

Unfortunately, when people buy Bitcoin, they expect huge profits within a short period of time. This is the source of panic and fud that is exhibited by many Bitcoin investors.

While educating people about Bitcoin, I think it is wise we tell them Bitcoin need time to yield profit, let us change our approach in sharing Bitcoin knowledge so that people will not come into Bitcoin with the mindset of get-rich-quick.

I think everyone here already knows that. I think it's more important not to push people into Bitcoin. If they are interested themselves - you can tell them everything you think you should. But just doing that from nothing is kinda pointless.

One thing I noticed is impatient among the newbies investors since their mindset are always focused on profits maximisation and, secondly other thing that counts again is the approach just as you said, people didn't give them the real concept and how it works. I could remember someone telling me he will invest when bitcoin price is going up saying that now is too dip that he doesn't want to lose his money.. and I was like you don't want to buy dip and sell when is coming upor hold for long term? And he said yes then I didn't want to go Into argument with him because I know he is not ready to learn so I didn't go further telling him to buy because it's against his wish and whatever that comes out of it I may bear the blame.

Stock investors also often expect quick profits. There's nothing wrong with that, after all, someone has to provide capital for experienced investors. Every market participant is important to the market. Is he swinging from longs to shorts, providing liquidity, or is he buying high, expecting big returns, while providing capital to smart money.

And speaking of the approach to bitcoin, I suspect that you live in your own bubble, where this is the approach to bitcoin (it's nothing bad, everyone lives in their own bubble and rarely sees things objectively.) Older users who have already survived several bull runs and bear markets have a different approach, and statistics prove that number of long-term investors grows and they hold more than 3x the amount of bitcoin that shor-term holders hold.

That's because the people that have introduced them to bitcoin probably was embellishing stories and they don't balance out the negatives and the positives that bitcoin has, they solely focus on positives because they want the people to receive the bitcoin gospel wholly so they try to not talk about the negatives more often. Maybe it's the impatience, but I think that misinformation also plays a key role why newbies fail or experience loss early on their investment journey.

People who want to make quick money should be discouraged from investing in bitcoin. This is because they don't know the difference between bitcoin and altcoin which is why they assume bitcoin is like those coins that can be pumped and dumped easily.

You are very correct @OP,  people should know that bitcoin is not a money-doubling scheme or a get-rich-quick venture. They should come as long-term investors if they want to really benefit from bitcoin.  People should also know that the price of Bitcoin is unpredictable so they should be willing to readjust their plans in case the price falls short of their expectation at a given time.

They say that Bitcoin is a world changing technology dressed up as a get rich quick scheme. I personally like the saying that the revolution is monetized. One thing that has always proven to be true is that Bitcoin rewards those with the longest time preference. With the nature of Bitcoin, I think that could very well always be true.

It's not Bitcoin only, when people run their own business they have the mind of leading a good life with the business and when things aren't working out like they planned they will quit, I am a fashion designer and it's been 8 good year's that have been running my business now, there are some who started the same business as me at the time, now they closed down the business because of the country situations, but I don't because I believe I can keep the business alive and still do other things, I have customers from other countries including the U.S and U.K, crypto made me found them, it was a long story.

When you are running a business you don't have to see the business as the only way to bring food ro your table, be open to other ideas and you will grow better from there, back to Bitcoin discussion, it's true that Bitcoin investors want quick returns and they easily get tired of holding their Bitcoin but I believe that's because of fear in them, they don't understand Bitcoin but that doesn't stop them from been a part of Bitcoin.

They believe Bitcoin is more risky than their jobs, I think it's because they have no complete trust in Bitcoin, if not, they would prefer to hold for a very long time, I have a big sister who is also acting the same way, when I questioned her about Bitcoin investment I detect that she feels unsafe with Bitcoin.

The volatility of bitcoin should even be a good reason for people not to be in a hurry to make profit,  since volatility has great enfluence in the market of bitcoin people don't need to predict when they can make profit from the Market.  Volatility is what you can predict,  it takes investors unaware in the market.  Their is no need to rush yo make profits from Bitcoin because Bitcoin is a longtime investment that people needs to be very patience with the market to get better profit from their investment.

Bitcoin really need time but some people just want to make the profit by their own time or prediction which is not supposed to be so. Bitcoin is unpredictable, that people needs not to rush to make money from it.

And the mindset of wanting to get rich quickly in a short period of time is very wrong. Usually people with this mindset are very close to the brink of disappointment.
People who view bitcoin as a tool to quickly get rich and see crypto as just about making money are not worthy of taking part as investors.



About convenience and disadvantages. About opportunities in facing the challenges of the economic system. It would be wise if in educating people about bitcoin we explain the two types.
Why bitcoin was created is the main point that needs to be conveyed because it is to steer them away from the bitcoin mindset of just making money.

obviously, every investment requires a specific time and people give them but those who are less thinkers or have short concepts criticize that why up to now my profit is no start and they think that today we invest money tomorrow we will get profit and when it will not happen the same they plan they got disappointed and leave that business. Similarly, people who do not know about bitcoin think it is a quick rich game but in actually it's not happening  and the price only goes up after one year of halving those persons who are investing in bitcoin now and hold it for the bull  run that I think that is the wise person i  

Exactly! People thinks they will become rich overnight after investing in Bitcoins. But the reality is that Bitcoins are like any other investments, with some additional features. Here also the risk of loss remains same and it takes time to get good profits. If you don’t have patience, then Bitcoins are not for you. Give time to Bitcoins and it will surely give back profits. Bitcoins are for long term investments, atleast for 4 years. Don’t expect any good profits before that.

But why is it that most people were not ready to follow the normal procedures and get the desired results, people are being desperate to have the outcome of what they have invested on immediately, inpatient and greed causes this from those who are willing to make an Investment but without doing the right thing.


When people rush into making an investment about bitcoin, they will lack the resistant to how they can avoid loosing their investment to hack or scam, this means that they are having little or zero knowledge about it, things like this causes FOMO amidst rush hour investors.

Bitcoin cannot be fully compared to running a company in the real world. In traditional business, you need stability in your income to be confident about the future success of your enterprise. However, when it comes to Bitcoin, it's more like riding a roller coaster. You experience both bullish and bearish seasons, yet you still have to hold, with the goal of selling your Bitcoin at a certain high price. If this kind of roller coaster ride were to happen to your company, it wouldn't be a good sign; businesses are at risk of going bankrupt under such conditions.

I couldn't agree more. It's like people are caught up in this instant gratification frenzy. Building a business or investing, whether in stocks or Bitcoin, it's all about patience. The get-rich-quick mindset is a recipe for panic and disappointment. We need a reality check here, folks!

Inpatient is not thing that most people who come into crypto do have, and that’s what usually makes them to be thinking that if they invest in bitcoin today they expect profit very fast without knowing the fact that it took time for it to get where it is today and price don’t just move the way they expect it to move.

Sometimes the reason why most newbies don’t have patient is as result of what they have had about bitcoin and how people praise bitcoin how it has change their life in a short period of time, so they enter the market with that same mindset thinking everything will work out just fast as they think it does. Newbies  not having proper information is what usually make them think that way and they need to learn how bitcoin works so that they can’t stop being in a hurry all the time.

If we recognize the characteristics of BTC well and are able to take advantage of opportunities from its price movements, I don't think it's a problem to use BTC as a quick money multiplier. But remember, this can be done by people who really know about BTC and its price movements, pro traders who have good analysis. However, the mistake is that many people are tempted by the results of traders who are able to take advantage of BTC price movements and people with minimal analysis experience, even newbies, jump in and try their luck. Unfortunately, they don't get profits but losses.

They are unsure about future of Bitcoin and they did not know how strong Bitcoin has been after going through three past halvings and many attacks "Bitcoin is dead".

So far, Bitcoin has been still alive, not dead so what can not kill Bitcoin, actually make it stronger.
https://99bitcoins.com/bitcoin-obituaries/
https://buybitcoinworldwide.com/bitcoin-is-dead/

Education is important but it is not enough but people need time and experience to control themselves better. When they have more experience, they will likely become stronger Bitcoin believers and sure with better knowledge about Bitcoin history and failed attacks against Bitcoin. So their hands will be stronger and won't feel panic with market fud.

That is for people who might not know much about Bitcoin or heard about it from the wrong sources. Many people are drawn to Bitcoin because they think they can get rich quickly, but that's not true. You might come across online courses that promise to teach you how to make money with Bitcoin every day, but it's not that easy, especially if you're not an expert. If you're talking to someone about Bitcoin, it's important to tell them that it's not a quick way to get rich, and it takes time to make a profit when you invest in it.

Most individuals investing into Bitcoin think they'll get rich after few weeks of investing in Bitcoin because they see others getting rich but they didn't know how long those individual have been holding. After investing in Bitcoin, we have to give it time so when we're selling we can get big profits. If anybody wants to start making profits after investing in Bitcoin then they should trade as they can create more opportunities to make money if they make a correct prediction.

When we invest in Bitcoin during the bear market then we can make profits in the bull market. All the individuals that are making big profits are long term investors therefore if we want to make the same profits then we need to change our perspective about the market by not thinking it's a quick rich business.

I agree that the whole details be shared when talking to someone on the benefits of bitcoins so that they do not get the half information. When you tell someone that bitcoin is good for investment because of its volatility, if you do not go further to add clarity, the person can also take the information to mean that because bitcoin is very volatile, that they can make profit from it in a very short time, and they are not wrong to think that way.

Always add clarity to any information you give about bitcoin, so you are not misinterpreted.

Every feature of bitcoin requires time. Transaction confirmation takes about 10 minutes. Halving, 4years. Mining difficulty, 2 weeks. Hence investment time should be in place if we'll want to earn enough profits in bitcoin. Although the time is not constant like the ones I listed above. Most of the investors today, are looking for quick profits. They see bitcoin as gambling. Some rush to day trade, for fast return. Doing such things, makes investors to think bitcoin isn't profitable. But one good thing on bitcoin is allowing it enough time to effect changes. The volatility of bitcoin can only be combated with time. Those investors who didn't wait, may be regretting today. It's important to see bitcoin as we see other activities in life. Even it took us many years before we were able to read and write. Nobody began talking the day he was birthed. Same is applicable to bitcoin. The growth of bitcoin will bring lots of changes to it. And the investors who held for sometimes will be able to earn huge too, according to the increase in the amount of bitcoin price. A time is also set up, when all the bitcoin will be mined. The time for every transaction is also recorded in the ledger. The blockchain revolves around time, so we can track exactly when a transaction was sent. No need being in a hurry about bitcoin investment. What matters is staying patient and following the trend on bitcoin. Knowing our next move is also crucial as investors.

I don't think any person should force someone to start investing on bitcoin without the person having any knowledge about bitcoin. I think this is where the problem is coming from , most people lack the knowledge about bitcoin and they just start investing or sometimes most people don't have a guide to guide them about bitcoin investment. The first thing someone will know about bitcoin investment before investing is bitcoin is not a scheme you go in and make money quick but rather beening patient and investing properly, that should be the first thing a bitcoin investor should know.
I see some comments saying. Secondly before investing on bitcoin the person is not suppose to be depending only on bitcoin. Bitcoin can't be your only investment.

Yes, it must take time to make money without betting. For those who are new to crypto, their patience is very low. So if he has invested in Bitcoin then the probability of loss is less and more. As far as I know Bitcoin has been around for a long time. Those who can practice for a long time will get good profit. If the amount you invest is due to lack of patience, you will end up losing a lot. So think carefully before investing, although the risk in investing in Bitcoin is very low. Moreover, there are many other coins that are good to invest in.

You're wrong for generalizing every people will give it a time when they start a business and buy a stock.

There are many businessmen don't mind to stop their business after few months or year when they feel they're not making any profit, same like people who buy a stock, they will watch the chart and sell it after it rise for few %.

People who buy Bitcoin is same, some sell it quickly and some sell it after next few years.

It cannot be denied that currently there are still many beginners who have thoughts like this (get rich quickly) when entering the realm of bitcoin investment. Because most likely, they invested in bitcoin because they saw other people (bitcoin investors) making profits and success. So beginners who are interested in Bitcoin and only have a cursory thought will definitely dive straight into Bitcoin investment. But the beginner's mistake is forgetting the important points and not looking at the process. So they only look at the end point. For this reason, many new investors are born who have this get-rich-quick mindset.

For fellow bitcoin investors, especially since we have joined the BTT forum, it is natural that we have to educate each other and share experiences with members of this forum. Especially for beginners, in my opinion it is really necessary to provide education regarding bitcoin investment. Because after all, if we have knowledge, then we must be able to use it well. The point is, don't be stingy with knowledge, because sharing knowledge will not make us lose money.

And even outside of this forum, I think we should remain generous when it comes to Bitcoin knowledge. But even so, for me personally there are conditions, so the point is you have to ask me first. Because personally, I don't want to bluntly give someone insight into Bitcoin without that person asking for it first.
Because usually if I speak first, I have the experience of being simply ignored. So that's why I have such principles.

The fault is not only of the investor. There are many other elements involved like media, general perception, whales and other things. Like media has created lot of hype around bitcoin. When bitcoin price increases and reaches mark like 20k , 30k and so on, it is all over the news. Thus the new investors who come are there with the hope that it will reach next mark soon and they will be in profit. But this type of thinking will result in huge losses most of the times.

That's because they see how it performed in the past and with its nature of being volatile, that makes them crave more to see it move faster than what's expected. Comparing an asset or stock to a business or company or a start up, there could be something in common but they're entirely different if it's about the whole thing. And talking about the returns, it's true that all of them takes time before you see them grow and that's the same for Bitcoin. Although its volatility makes it move faster, you'll still need to be patient and wait until some factors move its price from wherever it is right now to a better place.

Sometimes I don’t blame people panicking due to how the market moves because some people today lack early orientation and some needful things they need to know before investing, so I also blame people who carry this kind of person or advice this kind of person to invest in bitcoin. However, some people are due to greed or unable to have control over their emotions; they don’t have that emotion that if they see their money going the other way, they always think they won’t make it in the industry, which is wrong.

This people need to understand that bitcoin investment is not something you will just do and get your money back with profit within a month or week. We investors need to exercise patience because, naturally, that's how it works. If some one feels they cannot cope with the market or is unable to hold their emotions from panicking, then definitely this kind of person will lose their investment. To avoid panicking, we should invest the amount we can afford to lose so that once we invest, we can live it there for however long it takes to get our money back with profit.


Any new investor you see without patience or complaining is not because of the market; in my opinion, it is because of the emotion or lack of appropriate knowledge. If you are not an investor who knows what he or she is doing and has invested the amount he or she is supposed to have, there will be no problem with his or her investment because they know that even if it takes time, they will get profit from their investment, so in my opinion, even if you are a new investor, you don't need to panic because of market moves because you are supposed to be aware of that.


You have a point here, mate.
Someone cannot invest a large amount of money in bitcoin, expecting a huge profit. In short, that is what some newcomers do; they think investing big will quickly boost their profit, which is wrong.

However, even if there are other coins that are good for investment, I will not say newcomers should go and invest there, as you have already indicated that new investors panic after the market goes another way. What do you think will be their reaction if another coin crashes or the market doesn’t favour them? So the only coin that is good for new investors is BTC.

So it would be very good before starting to invest, it is necessary to have an understanding of investing in Bitcoin, don't just look at the media news because you could make a wrong decision, but it is necessary for them to directly ask those who have experience in the field of investing in Bitcoin. If they do it only based on knowledge of the media, there will be very little chance of surviving the investment they make and there is a very big possibility of losing the investment they make.

I don't know where it comes from but people who expect fast returns are better off investing in scams. Imagine having fast returns in a short time, that is too good to be true. If you are able to find something like that, it's just really a gem.

It takes time to make an investment grow and you need to really make it do anything. We need to have that delay in gratification to have a better reward.

This is the mistake or ignorance of these people: they have been wrongly introduced to investment in Bitcoin; they think that investment in Bitcoin means becoming rich. Therefore, they often face losses. Investment doesn't mean to become rich directly; for that, you have to put in good effort by gaining knowledge. That's why we say that you should visit this forum and gain knowledge and learn the real investment method, because outside of you, everyone has their own interests. No one will tell you how to invest in Bitcoin in the right way, and due to this, many people have to face losses.

Therefore, a proper strategy is required for investment in Bitcoin, whether it is a short-term investment or a long-term investment. Without gaining knowledge, you will not expect any profit from Bitcoin.

Absolutely right. Here, we need to be aware of those people who come and connect with Bitcoin and get rich quick dreams. So to inform them that Bitcoin is not a rich venture, wake them up to the fact that investing in Bitcoin requires a proper strategy, and tell them that they need to manipulate risk management for investment. If they need to get a profit from Bitcoin, they need to diversify their investment amount under DCA, get some part of the investment to take for the long term, and hold it. So surely, it will give you a profit in return.

If you want to be successful in investing, you need time, discipline, patience and enthusiasm. It doesn't matter how great your talent is in analyzing things or how much money you have, because it all just takes time which will make us make big profits in the future. Likewise, if we want to have children, we cannot have children in one month, women need nine months to give birth to children.

Panic and anger are things that make our investments lose money and must be eliminated slowly because investing is only suitable for those who already have good systems and management.

The getting rich quick scheme that they think bitcoin is, is what makes them get disappointed when it didn't turn out the way that they expected it. I believe this is the same reason, why newbies jump into trading. I see short term investors more of trading than investment, because an investment should take a good number of years before you can start to reap from the fruit of your labour. The problem is that we are in a world that people want to get rich overnight forgetting that, a genuine investment or business can't be so. Impatient, lack of knowledge and lack of preparation can make newbies think that bitcoin can give them fast profit and they will end up running at loss.

Expecting a quick profit from an investment is a pretty crazy beginner's idea.
I even need a lot of time to be able to benefit from an investment.

Even investing in fraudulent coins is a process, but it's high risk.
It's like catching a knife with your bare hands from a height.

Or if you want to be faster, you can trade Futures with high leverage and place LOGNG orders,
enter before Cointelegraph makes news about the ETF and exit when there is confirmation that the ETF news is true.
That would be instant profit LOL.

I don't know why those beginners who enter crypto always expect big and fast profits, but don't want to do a process.
Even though Crypto has a high risk but they don't realize what they are doing.
Nothing is instant, those who get big profits in an instant are just lucky.

Anyone who thinks investment in BTC is going to yield a quick profit should be directed to where the altcoins dwell, because BTCs spot is one that doesn't give in easily to the pressure of the market due to its decentralized nature and price at the moment.
HoDL is good for BTC that's why new traders are advised to HoDL BTC but trade alts.
Those who gave it time understand better the FUD associated with HODLing and they know that though the profit after the end of HODLing might not be as much as if altcoins made profit, but the loss would have not been as bad as when altcoins lose to the market volatilities.

Anyone who thinks investment in BTC is going to yield a quick profit should be directed to where the altcoins dwell, because BTCs spot is one that doesn't give in easily to the pressure of the market due to its decentralized nature and price at the moment.
HoDL is good for BTC that's why new traders are advised to HoDL BTC but trade alts.
Those who gave it time understand better the FUD associated with HODLing and they know that though the profit after the end of HODLing might not be as much as if altcoins made profit, but the loss would have not been as bad as when altcoins lose to the market volatilities.

Those who want to become quick rich from bitcoin investments are most likely Bitcoin isn't perfect choice for them. They have to regret seeing the Bitcoin dump constantly. We must know how to handle Bitcoin, otherwise we can't make money. We have to have patience to get profits from Bitcoin like a real-life business. We don't have any money-making machines in the Bitcoin chain that would make us rich so quickly. This should be clear when we advise someone to make a bitcoin investment. Otherwise, how will new individuals learn about Bitcoin investment? Also, we have to explain what the actual goal of Bitcoin is beyond investment. So they will learn properly about Bitcoin.

How can somebody buy bitcoin in a short period of time and expect a huge profit? It may possibly, but it's depend on how marketing is flowing during that period of time. That is why, whatever you decide to do, you must do so with a clear mind, rather than thinking adversely after you've purchase a Bitcoin. Now everything in life requires appropriate patience, How can someone be panic on top of what he has decided to do? To make a large profit from Bitcoin, we need to patience, mate.

It is very dangerous for someone who wants to get rich quickly from investing in Bitcoin, many incidents actually make them miserable, what's more, they don't have enough knowledge, so they will be tested when the Bitcoin price drops after they make a Bitcoin purchase transaction. Panic is what triggers panic selling, so that the final results do not match initial expectations, but for those who have good knowledge, bearish times like this are suitable to collect bitcoins and wait until the bullish season occurs to sell them

In any investment, it will not be profitable for those who are greedy, there is no investment that promises to get big profits in a short time, so that must be understood first.
Greed can destroy everything even for those who have excellent skills in trading, but the effects of greed can destroy their trade or investment.
In trading or investing, the main thing you have to learn is self-control, accompanied by knowledge about trading and investing.
Bitcoin has quite fast and significant movements, but even so it is not easy to take advantage, so don't ever assume this is an easy thing and then do it carelessly.

Not only with Bitcoin. In general, wanting to get rich quick is a bad idea because it usually ends up with you losing your money instead of getting rich. And even in the cases that succeed, such as those who win the lottery, there is a majority that after 5 years have lost everything and in some cases are even more indebted than before they won the prize.

Usually, it will come to greedy people who want to make a profit in a short time.
Yes, they end up losing money instead of getting rich but they don't stop trying other "opportunities" because they still think they can get rich quickly in a short time.
This mindset must be changed immediately because otherwise, they will never make money from anything.

If they intend to invest in bitcoin, they should also learn more about bitcoin so they know what they need to do before and after they invest in bitcoin.
If they are not willing to learn more about bitcoin, they will panic when the market changes direction many times.
And if that happens, they could miss out on opportunities to make a profit.

that's because many people think that bitcoin is the fastest way to get rich. they see many people getting rich by using bitcoin. However, they don't know how the person is trying to make a lot of money with bitcoin. They assume that buying bitcoin, then waiting a few days, then the price will rise very high.
It's not wrong if people think that bitcoin is a way to get rich, but it also requires time and analysis. There are many things to consider when holding bitcoin. Especially if we are targeting big profits, then we also need to increase our patience.

Many people invest in bitcoin in the hopes of becoming wealthy soon, but this is not possible, you must be patient over time to realize the benefits If you are in a hurry to get money, I feel you will lose since you did not take the time to properly plan so that you may enjoy the rewards Many individuals do not have time to learn about Bitcoin, since they simply want to get wealthy You cannot become wealthy quickly you must work hard because success does not come without many hurdles, In bitcoin investment  you will gain and lose but if you leave it for a long time you will earn more than you lose.

Bitcoin investment is not for everyone because many people will think it is a fraud If you try to explain how bitcoin investment works to some individuals, they will assume you intend to swindle them or they will claim they don't want to risk their money I don't believe many people will succeed now without risk, therefore I prefer to explain bitcoin investment to my younger siblings because I know they will trust me and follow my recommendations.

There are also other examples where those who won the lottery maintain and increase their wealth. The same can be said about Bitcoin, for someone it will be enough for 5 years for their purchase of Bitcoin to bring a good profit, and for someone during this time, at best, they will only be able to return what they put in, or if they buy high and sell cheaper, they will receive losses.

It all depends on the individual, the ability to manage your finances, manage your fears and emotions. This is all difficult work, everything related to finance is not easy, and in order to achieve results you need to work on your personality.

Yeah, the behavior of the person, can result to their efforts towards maintaining wins. Such as the desire to show off or win huge through bitcoin is like gravity. It can't endure delays. The person will be forced to move their money and throw it on their show off attitude. And others have personal means of extinguishing the fire of desires to spend on what doesn't matter in their life. However, since gambling is one top priority of that person, he'll keep doing it. There, his advancement to garner gambling skills would come to play. Most people don't care about how little there sold. What matters to them is their personality. Those disciplined gamblers maintain good monetary behavior. Although we tend to hear much about the stories of careless gamblers, losing everything on lifestyle on gambling. Than others who deliberately manage their gambling activities, money wise. Such people also exist in bitcoin bull and bear race. But the disadvantage is that they'll lose out. But, since it doesn't feel like they've lost completely. By holding some fractions of their bitcoin investments in fiat. They'll always do what's on their mind. We also have such people that sell after a bullish run. At least they went home with huge profits. That can set them financially free. With the duration different for every investor who made it to the bullish time. How much they invested in the business. While bitcoin requires time and patience, we need to make it count. At least investing on what will create happy profits. And I can't say, how bad it'll be for a person who is indebted because of bitcoin. Just like in Poker player's quote. Such personalities who find themselves in bitcoin is still better, because the bitcoin is safe and can be used to settle such problems. According to the season of bitcoin. The gambler being able to take loans to keep up with the standard of his gambling activities. Will easily be indebted with no source of paying some of the money owed. Hence behaviors and attitude goes a long way to explain people who act like this, not minding the field they fell into. Some fields can be favorable than the other. 

Most times, people see bitcoin as a get rich scheme and suddenly mount so much pressure on it there by seeking every possible way to milk and make profit from it and suddenly end up blowing their accounts. I also once spoke about this issue and from my observations , one of the major causes of all these are from preachers of bitcoin and cryptocurrency because most times, when people introduce bitcoin and cryptocurrency to others , they give them so much hope and inculcate in them the mindset of an instant profit and even giving them a time frame as if they could manipulate the market and when the target isn’t met, their prospect becomes disappointed and seek other ways to make profits.
If you’re holding for long term, please do without fear else, define your purpose for holding and stick to it.

Many folks are doing the same thing you mentioned. Perhaps many people are planning for Bitcoin's halving next year. Of course, I am one of them. Although there are still many doubts about Bitcoin, it is no longer our concern; rather, it is their concern.

Now, if you have Bitcoin in your balance address and are waiting for the halving or bull season, it might not be a terrible idea to put it into staking or farming so that you can earn right immediately, right? as long as the platform is still DYOR.

Time, analysis and patience. That's a complete package that someone who is determined to invest in Bitcoin must have.

It takes time to get maximum results from BTC investments, not months or 1-2 years, sometimes it takes 5 to 7 years before we can feel the results.

This analysis is also important as you said, even though we invest we also have to take advantage of opportunities in purchasing BTC. From the analysis we can see the BTC trend at that time whether it is in a bearish or bullish phase, the resistance and support levels where we can determine purchases according to these factors so that we can get the lowest average price and if the BTC price rises we will get a profit directly. maximum too. Buy with a limit without rushing is the best way.

Both stages require a strong mentality and patience. A healthy mentality will maintain your patience in making successful investments.

Education like this is necessary for beginners who have just learned about Bitcoin. Sometimes beginners are so enthusiastic about bitcoin because they think that bitcoin can make them make quick profits. But fortunately, in the end, many beginners then learn independently and begin to understand that Bitcoin is indeed better as a long-term investment, not short-term. So now we can see more and more wallets storing bitcoin and their growth is increasingly rapid. And yes, the wrong mindset and understanding are the source of mental problems and panic in holding Bitcoin.

That's what volatility can change someone's thinking on Bitcoin.

They think like "Ohhh Bitcoin's volatile therefore, I can get more profits in a shorter amount of time because price can increase immediately, and anytime." While this is true and it really happens (like what happened a few days ago when a fake news about Blackrock's Spot ETF getting accepted already), if you really want to maximize your profits, waiting for a longer time, or selling during the bull run is the way to go. Don't expect that if you invest today, a few weeks from now you will double your money. Is it possible though? Yes, but not on Bitcoin, and what are the chances for it to happen? Low to very low.

To all investors out there, unless you're a trader then give your investment some time to grow. Bitcoin isn't like a quick rich project like other companies out there are offering (obviously a scam). For those who are sharing knowledge with regards to Bitcoin to other people, I guess telling from the get-go that it isn't a quick rich scheme would be a good idea to lower their expectations. Capital appreciation takes time whether it would be stocks, bonds, or even in crypto.

Even many large newly built companies do not expect profits in the first and second years. Because they know that building a business is not easy and other tools are needed as support to make their company grow. So they will still spend large amounts of capital to reach market segments according to the product development they are creating and in the first and second years they will still not target large profits.

It's the same with fake investments, which most people are tricked into because they promise big profits quickly. Investment will be proportional to the amount of capital we put in and the bigger the capital we put in, the bigger the profit we get. That's how investment works and we can't make quick profits if we only rely on small capital, even if you try to invest in bitcoin.

Never give the impression that Bitcoin can generate large profits in a short time, because it can affect people's psychology and mentality. It's best to provide education about how to invest properly and what strategies they can use if they don't have large capital. In this way, they will learn to make money by investing in Bitcoin correctly and know how to minimize the risks that arise from the investments they make.

People often fall for the volatility trap, expecting Bitcoin or other cryptocurrencies to become them instant billionaires. Your point? Right on. Many miss the long game, where the true treasures are, in pursuit of immediate profits. A price increase today doesnt guarantee sustainable growth. Pull of instant gratification? Reasonable but imperfect. Blackrock's recent news? A clear example of how unconfirmed information can influence market sentiment.

I agree wholeheartedly about setting expectations. Crypto can yield high profits, but its not a lottery ticket. That must be emphasized. Investing in bitcoin, equities, or bonds takes patience. Anyone promoting easy cash? Red flags should appear immediately. We must emphasize investing's reality and drown out quick-rich claims.

There are people who are already interested in bitcoin, but they don't have the best coach to guide them, and the problem here most times is not about being interested in bitcoin but rather about the kind of information the person has that convinced them to pick interest in bitcoin. Information matters a lot, and I believe the kind of information we give to people about something is what makes them take the decision they take on that thing.
 
Some people have learned how to buy bitcoin, store it, and protect it from being stolen from them, but one thing that they lack is the ability to play a blind eye to bearish markets, the ability to be patient and wait for the right time to sell, the ability to overcome whatever sad news always comes to the crypto world, and the ability to make good use of opportunity when one presents itself and doesn't think about the blockchain as a Ponzi scheme because that's where most people's problems come from.

Traders need to get help through patience, if a person is saying that he is a good trader he must have some patience but I can say more patience. As it is a key to its successful journey in trading, we can't push people they buy bitcoin as it is everyone's own choice which helps him a lot and in which business he is more comfortable. Patience needs to be used in crypto but in all trading scenarios, we should take help.

Also in the companies or any other investment plans, they are completely different from trading. Because they have less risk and they are in a person's control trading is not in a person's control and no one knows when the price of any coin will go further up and when we can see the price of a coin is going down. It happens sometimes eventually while sometimes it takes a lot of time even a year. Same in the case of Bitcoin too, no one knows when it is going to pump. So it is a different thing we can observe.

I consider this the worst idea because to be able to stake or farm to increase the number of bitcoins, you need to give your bitcoins to centralized platforms and that is too risky. Instead of looking to increase your bitcoin by taking such a big risk, why don't you work hard and save more to buy bitcoin? Halving is approaching, price increase season is approaching, don't face too big a risk in return for a small profit. Hold onto your bitcoins in a non-custodial wallet and wait for the bull season to arrive.

The same thing applies to me. I'd rather keep my invested Bitcoin to a wallet that is on my care, making it grow through staking that offers a small amount of interest is not really worth the risk. DCA, the only thing to do while waiting for the halving and until it shows an effect, just do DCA. Instead of taking a risk to earn bitcoin by staking, make it grow by adding your investment every month.

Until the price of bitcoin is still stable, starting to do DCA right now is a great idea. A year or more, the outcome of that investment will show an unexpected result. Just be patient and take the opportunity to invest as much as you can.

You've got the point OP. People think that Bitcoin investment is a quick rich scheme where most buyers/investors that are new in crypto will be thinking that buying today will generate a profit after a few days. Having that kind of investment behavior will certainly end up selling their Bitcoin at a small profit or sometimes at loss.

Well, of course, we have nothing to wonder why impatient people are not successful in investment. Perhaps, they never know what is investment is all about and it was pretty hard to educate them when their mind were already closed. That is why not all have become an investor as not all also are willing to wait.

Absolutely agree with everything you state here. Lots of newbie bitcoin investors have a really immature mindset. Most people who have done really well in bitcoin have, themselves, been through devastating bear markets where their investment sunk to depths that made them fearful. The key, those guys will tell you, is to have the fortitude to be brave & hold through those uncertain times. Only with time & skin in the game can you make big money.

Not your keys, not your coins.
Staking your coins on any platform is unofficially losing your coins to that platform operators.

Holding your coins in non custodial wallet and only you hold its private key is a safe practice. I don't see convincing reason to stake my coins anywhere to get low APY but if it gives me high APY, that is abnormal and I smell risk of scam or Ponzi.

DCA right now and in coming months is very good. Missing price under $20,000 to $15,000 is so regretful but chance is still here. Only 6 more months till Bitcoin 2024 halving event and 6 months are long enough to DCA and accumulate bitcoin.

With price today below $30,000, it is already a dreaming price for people who saw Bitcoin rose to $60,000 2 years ago.

The first investment that investors need to make before investing in Bitcoin is to learn all the advantages and disadvantages of Bitcoin. The most important capital is knowledge, not money. When you fully understand the nature of Bitcoin, you will be wiser in responding to Bitcoin market conditions. Patience, time and emotional control can help you become a successful investor. Bitcoin is not a get rich quick scheme, if you make the wrong decision, you will lose all the capital allocated to invest.

It’s unfortunate people should jump in to what they know about this kind of people. They definitely end up losing their money, no doubt, because once they see the market turn another in which they see it will not favour them, they start panicking, and this is what is leading them to sell what they have already invested. However, we should always be knowledgeable about what we are doing, especially when it comes to the issue of money, because that is what will prevent us from losing our money as far as it will be due to ignorance. You know, there are some investments where there’s no option but to sell what we have already invested, but mostly it happens to people who buy stocks.

What you say is truly wise and very true because any investor will always go astray if they only have capital and are determined to invest without considering knowledge and controlling their emotions. I also really agree with the expression that Bitcoin is not a get-rich-quick scheme, because this must be understood by everyone and all investors so that they do not misinterpret the nature of Bitcoin itself. And most beginners and novice investors often misinterpret this so they rely more on money and emotions than on knowledge and patience when investing. And such people will usually also very easily blame Bitcoin when they experience losses through their own investments.

Absolutely, education is the foundation of smart and sustainable investing. Rushing for quick profits can often lead to losses and frustration. It's essential to take the time to learn, understand the markets, and develop a well-thought-out investment plan. Start small, gain experience, and gradually increase your investments as you become more confident. Remember, investing is a long-term game, and it's all about informed decision-making.

Probably those people who thinks that they can earn huge profits from bitcoin in a short time lacks education or knowledge in bitcoin. Those people are the one who are getting eaten by the market and most likely on a loss before they quit. Comparing to other asset like stocks and forex, bitcoin is way too volatile that you can gain fast profits really but there are people who really are over expecting. Maybe they saw people who got rich so quickly by doing crypto which is I think during the bull market. This is why educating people is important in bitcoin or in crypto in general.

It's natural because when compared to stocks, the price movements of Bitcoin are undeniably more volatile. This is what leads them to believe that every Bitcoin investment should yield quicker profits compared to other investment models. However, it's essential to underscore that the substantial increase in Bitcoin's price is most apparent when held for a longer period. It's proven that Bitcoin investment took 12 years to surge from $1 to $60k.

This is what fuels their high expectations for Bitcoin. However, it's also crucial to consider the risks one might encounter when deciding to buy Bitcoin. Bearish markets can occur at any time, and even newcomers typically have weak hands and uncontrolled emotions when the market turns bearish.

Bitcoin is a get rich faster scheme if we compare it with other investments like gold, stocks or real estate. Bitcoin is more volatile and has a higher growth rate than them, that's why we choose bitcoin, but it is not an investment that can make us rich in just a few months or in a year as many people are thinking.

In investing, knowledge and capital are equally important. If we only have capital but no knowledge, we will only enter the market as food for sharks. But if we only have knowledge without capital, knowledge will become useless if not applied in practice. There needs to be a balance between the two to produce the best results.

You can educate people about Bitcoin, but there is no guarantee that they will be able to make a profit by investing in Bitcoin. But you can find people discussing the benefits of Bitcoin, investment types, trading and trading risks. There is no fixed time for when to invest in Bitcoin but you can suggest investing in the dumping period when the Bitcoin market is down. But in case of holding, you can suggest short term holding rather than long term holding.

This is something that I try and tell my friends/family/clients all of the time.  Most people are just completely ignorant with finances, let alone a brand new type of currency that's digital and runs on a blockchain.  So many just expect to get in and make a ton of money right away.  I try and educate people so they can understand that that's not what bitcoin is all about.

Honestly I hate when the only reason people are "in" to bitcoin is solely for making money.  That's not what it's supposed to be about.

True, and some people think that volatility is not good. For me, that's the one of the biggest reason why Bitcoin is good for investment.

These two are essential in every type of investing. Tiny capital can only yield tiny profits, whereas large capital can yield large profits because we can only profit by percentage. This does not imply that you must invest large sums of money immediately once; instead, you should start with a little amount and then expand your capital if your investing strategy is successful. If you invest in any type of investment without understanding, you are simply gambling.

In the example that you have given, the platform and the system are both different, but a startup business has to make an investment at the beginning and it is often seen that it also faces losses, but if they can carry on the business, then they have the possibility of getting great success in the future. The purpose of my saying this is to avoid all the losses that will happen in the beginning of any business start-up.
And this is where we find some similarities with Bitcoin. If the amount of investment in Bitcoin can be increased with patience and can be held for long term then great success can be seen. There are many people who have been holding bitcoins for 9-10 years and they were now more than millionaires.


I can't really agree on this point because from what I've seen so far, I think these volatilities is one of the powerful side Bitcoin. Without these high volatilities, there might not have been the opportunity to gain more than 2x,3x, or 4x profit from Bitcoin that it still has.

Then they blame price fluctuations that it is too risky if they invest in bitcoin. Furthermore, those who hope for quick profits on Bitcoin will blame various factors that prevent their desires from being fulfilled.
They may have never worked in a company so they don't understand how the company does bookkeeping in calculating how much profit they will make during that period.

I think, the type of people who invest in bitcoin like this only hear about bitcoin investment from close people without doing their own research on how to invest correctly. They do not deserve to receive profits from the investments made.

Bitcoin investment is a long-term thing. If you are expecting a quick and early profit from Bitcoin, you are living in a fool's paradise. Usually, people who invest in stocks as well as in Bitcoin have a mindset to earn a quick profit. These things are profitable when you invest in them for the long term. Most of the bitcoin holders are long-term investors because you can hit a fortune if you wait for 10 years. Let's say a person invested $1000 in early 2013; after 10 years of holding, that investment is now worth over $2M. You can calculate your ROI for the future long-term investment. 

That's is one of the mindset most people normally have, by thinking investment is something they could venture into and become a millionaire overnight, it doesn't work that way, every investments has a process to undergo before profit could be expected.

And when we talk about investment is something that has to do with long time because there is no way you could enter and expect a huge return immediately, so that's why people should be sure of the kind of investment they want to make before venturing into it ecause in times of Bitcoin investment time is the most important thing to consider because of the volatile market and the possibility of making a profit from Bitcoin within a short time is not certain but however if you choose to hold, there could be a likelihood that in the near future you will see the benefits, so let's give our investment a time and stop panicking.

Maybe they are because they see other people profiting in a fast time and when he invests in bitcoin he has no patience and in the end panic sells halfway.
Usually people who get rich quickly from their investments see opportunities from bitcoin because of possible price fluctuations but they will never know how investing takes a long time.

People's mindset is always different when they start investing, they will think about the benefits so much ... and in so many years...., this pattern of view is clearly wrong, it's just that their way of thinking is not like an investor in general who has been involved for years.

They must understand that bitcoin is indeed the best investment, just not to get rich quick in 1/2 year.

Time is all we have.
Bitcoin is not a golden goose anymore, at least not in the short run.
Still there is a lot of upside and the future price might shock us all ( positively hopefully ) , but expecting a miracle fast rise is out of the question.

I think only people that are new to crypto might believe they can make fast cash with it because " it happened before as well", but thinking like this is nonsense of course.

Long term there are all the possibilities, and that's how investors should see it. It's a long term investment.

"people who rush usually fall when they run" these words are very appropriate to represent people who invest in bitcoin to get rich quickly. investing in bitcoin is not a quick way to get rich, even though the goal is profit, but when someone thinks about getting rich quickly by investing in bitcoin, it is a form of people's lack of understanding of bitcoin as an investment asset.

a person who invests in bitcoin must first understand what bitcoin is and how to manage investments in this asset. they need to throw away the notion that they will get rich quickly from this investment because there have been many like that and ended up losing money. what they have to do is manage good investments, maintain their psychology, and remain patient and consistent in investing in bitcoin, that is the most important key.

Actually this thing is repeated again and again and in my opinion those who are participant of crypto since last two or three years will have get this point but in the case of newbies they should put this thing into their mind. Not only bitcoin but nothing can make you rich in a short time so be conscious about your work and give time to it and don't forget that bitcoin should be saved in a wallet for at least one cycle which refers to the duration of four years.

As we cannot understand a stranger in a day so same is the case with bitcoin about which we cannot learn in a day but some years are required for acquiring whole details and reap benefit by holding it. I think a person who is patience less from the start will never be in patience because habbit cannot be changed.

Habits can be changed, you just need to have the determination and will to do that. Being rich can be an ambition and hard work with determination is the process. Bitcoin can be the creation of some nerds but it follows the very basic principles of economic supply and demand. If someone understands how supply and demand work, it won't be hard to educate them about bitcoin.

To be able to invest bitcoin well is to understand bitcoin,  not having understanding of bitcoin one will think starting investing money to make one rich can be made so fast. It is the understanding of bitcoin that makes people to wait for so long for the bull market.  But when the understanding is not their are money things to much about bitcoin,  like making money from it so fast and also predicting the time the bull market will come. Understanding is the basic thing people needs to strive for because understanding bitcoin it is impossible to have the patience  to wait for the bull market.

Unfortunately, it is already been our mind that after buying Bitcoin we can make a profit after, and not it talk years but just days or weeks only. That is why a lot of people got scammed because of that thinking and these scammers take advantage of situations where they offer returns within 24 hours after deposit.

As we don't understand how it works and have no deep knowledge about investment -- the more chances that we get to the point of quitting and selling off our coins as we can't wait longer. And much more if that is a loan money used for our capital.

There are still many people out there who don't understand anything at all about Bitcoin, they think Bitcoin is one of the bubble projects, gambling and so on. In fact, Bitcoin is an investment asset that can provide profits because its value can change in the future. The saddest thing I've ever heard is that, because of a lack of education about Bitcoin, some scammers collect a lot of people's money with the lure of investing in Bitcoin, but the reality is not like that, these fraudsters actually take away other people's money that they have collected, as they go along time, we have to know the ins and outs of bitcoin.

It may not have to be bitcoin alone now, everything we do in making business requires time, this will be the procedures to the requirements needed for the invest made to mature and yield it kind for us, that is why we should stop encouraging for a quick time return on investment because if they don't undergoes these process, they are likely to be fake or scam, no body will give us money in return on investment made within 24hrs, what have they also achieved with the use of our money if not that they would have scammed others to give us their money, so a good investment need time to make profits no matter how small or big.

That's very true, they think that it's just a fad and a bubble and still don't recognize the greater achievements that it has got over a period of time. They treat it as a gamble because of how speculative it is and it's intangible.

The problem is those fraudsters while they use Bitcoin as their getaway from stealing people's funds. Those who lack knowledge about Bitcoin think that it's the actual scam and not those fraudsters and scammers who are using it as their means of scamming people. And that gives the idea for the non bitcoiners that they should avoid it because of potential scam and they don't want to dig deeper the whole thing and understand that it's being abused by the scammers. Well, it's their loss and not ours when we took risk and spent time to understand it, we do get the whole point.

To be honest, I agree more like this because indeed to reach the stage of maturity in investment in Bitcoin must understand Bitcoin first. There is no wealth like the lottery obtained because it requires a process to become a richer person and capital will determine the level of profit we will get.

Because the existence of knowledge can bring someone to conclusions about understanding trust in Bitcoin. The level of trust is not born just because seeing others benefit from Bitcoin but we must foster trust through direct involvement in it. We will get predictions, cycles and halving as long as they continue to be consistent in the investment and Bitcoin will bring someone to reach the stage of financial freedom.

People think it is easy to make profit from Bitcoin, you are right they invest in other platforms never expect to profit so fast.  But only by investing in Bitcoin they expect quick profit.  But they don't know that enough time is required to earn profit from Bitcoin.  Most of the investors in the trading sector are impatient because they are always worried about the profit.  Bitcoin is not an investment for the impatient.People who don't understand anything about Bitcoin and lack of education about Bitcoin face the risk of investing on the impulse of others.

Investment is not a thing we should rush into, sometimes we should give it more time, in terms of profit making, it's good to be just patient to make profits, profits don't come in just a day or week from investment, investments should be given more time and not rush.
It is a bit hard to make a profit from Bitcoin investment mostly a big profits and again knowledge is one side part of profits, if an investor have a knowledge but don't yet have money to invest in Bitcoin, one day the person might still have money to invest.

those are the people that does not completely understand Bitcoin nature and they don't even know what are the advantage of waiting here than taking it eaily.
investments takes time that is why being called Investing.
actually the best way is to Just tell them what is bitcoin and let them read and understand from this forum of what more they need to understand.

it is the best way how to lure them and not to make them stupidly seeking for easy money.

Investing in Bitcoins can't be over greedy because if you over greed you will continue to face losses. Investing in Bitcoin should be done for the long term. Many investors actually invest in a company, they stay patiently for a long time and don't give up on the company even if the profits are limited. But there are also investors who come and invest in Bitcoin and get a small profit, but they can't forget the Bitcoin small profit and sell the Bitcoin again. So this should never be done, investing in Bitcoin for a long time will definitely make the portfolio much bigger. So if one wants to invest Bitcoin price is very low at present so it is good time to invest for long term. Because in future its price will increase more and then your benefit will be more.

When people take the initiative to create a business or a company, there is definitely a need for time. Moreover, if he is to advance in the field of business, he must take a lot of time and time is of the utmost importance. No trader can bring profit in a short period of time rather any action taken takes a long time to be successful. That's why I think it would be completely foolish to invest in Bitcoin and expect to make a profit within a short period of time. Because investing in bitcoins must be patient and wait for a long period of time but it will be possible to make a profit. However, an investor should be most aware of the fact that investing in bitcoins will not make you rich in a short period of time. To get rich by investing in bitcoins, only those who have to wait long until the bitcoin market changes will be successful.

You should continue to accumulate or DCA if you have money left, do it until the real bull season comes, but in case you don't have any money left to continue your DCA strategy, hold your bitcoins in a non-custodial wallet. Don't put your bitcoins at risk just to make a small profit on centralized platforms. Why have many people still not learned any lessons after the FTX incident or leading lending platforms like BlockFi, Celsius Network...? The risk is that we will lose everything while the profit is not even 10% per year, it is really not worth the risk.

You're right, everyone knows that making money from business or any job is not easy and takes a lot of time. Even though we are salaried workers, we still have to work hard for 26 to 30 days to receive our small salary. So why might we think that bitcoin can help us get rich quickly?  If that were true, would it still be available to us? Bitcoin is like any other investment or business, everything requires knowledge, skills and time to conquer it. No success is easily achieved without paying a price.

Bitcoin is not for everyone, if you need money fast to rescue yourself from financial difficulties Bitcoin isn't the answer, you need a job and start making some income every month, do not come near Bitcoin if you don't have a job unless you aren't a man with some responsibility

I was able to survive the faucets and raindrop journey in my parents house because I was been feed by them everytime, I was not lacking a lot and all I have in mind is to build a strong foundation with Bitcoin, I was able to do it successfully because of my parents help and I am glad it paid off very well.

If you already have a family to look after, a wife or a husband,  what you need isn't Bitcoin because its a long journey to start making money off Bitcoin, what you need is a job or start up a business, investments are only good when you are able to take money out of your salary and put it into Bitcoin or other assets.

Today everyone is looking for a fast money grab, Bitcoin isn't going to provide that, it's a long term way of making money, most people don't have patience with investment because they are doing it wrong.

Not as always based on your statement people who made a good run of cashflow from the other assets made a profit but other than the bitcoin, they already made a good knowledge in investment so its not as easy as that they make an investment in bitcoin and then lose all of that possible income they made, they are experienced investor, and know what the strategy they will make to gain profit here too in crypto.




If people want an easy money bitcoin i not for them only who has the capability to make an investment only can get on the ride with the market volatility, and to the new comers stop thinking that as always bitcoin or the crypto will save you for your financial freedom without having a good understanding of it.

I agree that type of thinking and people who are not veterans should be a lot more careful but personally I do not really deal with that. I can't really bother with "not your keys not your coins" at this stage of my life, ı trust Binance more than I trust myself at this point, plus I have connection to my account anywhere in the world and do not have to carry anything. I am at a different IP? They want to ask something? I know my google auth, my mail, my password and I have an image of myself anytime they want to ask that, with my ID as well.

So all in all, it is going to be something easy and doesn't really bother me. I get that you may not like that, and there are a lot of people who do not like that type of thinking, but even the biggest companies are doing that, you think places like microstrategy put in that much money and put it on some cold wallet? Of course not, they use companies like coinbase to store their wealth there and they are protected in that sense.

Bitcoin is for everyone but not everyone is willing or able to accept it, but if one day they have better conditions then they can come back at any time, bitcoin always welcomes them. But don't consider investing or trading bitcoin as our main source of income, if we have economic difficulties then work and employment are what we need.

I do not agree with this because I am a married person with 2 children. My life is even better thanks to investing in bitcoin instead of my main job, even though bitcoin is not my main source of income. Having a family or not is not the problem, the problem is that if you have a good bitcoin investment plan, everything will be fine.


Bitcoin cannot bring you daily or monthly income for you to serve your family. But compared to other investments like real estate or gold, bitcoin is a get-rich-quick investment compared to the other two.

The reason why people thinks they can get profits so fast from bitcoin investment is because they do not understand bitcoin,  they don't give their time to understand how bitcoin works. Someone with the right sense and understanding of bitcoin knows it is a longtime investment.  It is only those who are so desperate and ignorant  would think bitcoin is a way to make profit in a short time constantly. Their has been no time people invest in Bitcoin and make profits so quick the way people always expect it. Making profits from Bitcoin can't be predicted which people don't need to be in a rush to make money, good profit can only be gained by being patience.

Your first argument is significant: Bitcoin is not a quick fix for financial problems. Indeed, a constant work or income source is essential for immediate financial stability. However, Bitcoin is often seen as a short-term solution to long-term issues. Bitcoin is a long-term, strategic investment, as shown by your trip, parents' support, and foundation. Bitcoin, like investments, requires patience, which many people lack or misunderstand.

Your second point hits home. The temptation of 'quick money' has misled many. Bitcoin and other investments arent about instant gratification. They're about forethought, long-term planning, and financial security to save for future rewards. Its sad that many think 'get-rich-quick'. Investors must comprehend their nature, and you seem to have.

You're correct, OP That is all we need to know in order to succeed in life. Those who lack patient will never succeed because good things take time and are never accomplished quickly. As you stated, a business cannot open its doors and expect to make a large profit the same year. Instead, it must first set high standards before things can proceed as expected. At that point, patient is required in order for the business to continue operating. Otherwise, we would be unable to see progress in the company.

Likewise, the same thing applies to investing in bitcoin. When you start investing for a year without telling anyone, when you make a significant profit from your long-term investment, if people around you notice some changes in your life they will want to start investing as well, but what we have over each other in life is that patient not all of us can leave our money in investment from a year some people will be thinking that risk is too long to take for them and you want to be successful. We must be patient, work hard today, and appreciate our hard work tomorrow while investing in any financial institution, not just bitcoin. Some people view even a monthly investment as too long.

I think people expect quick profit from bitcoin only because they can get rich in short time by investing in bitcoin. These moments of their greed work against their learning about Bitcoin, and they only expect quick profits, but don't take the time to understand Bitcoin. People don't think long time to understand Bitcoin, but they think about how to gain and profit in short time. This is done only by people who are not knowledgeable and not very knowledgeable about Bitcoin, they are just bent on making a profit. Investing in bitcoins should never be fickle but wait patiently for a long period of time to expect profit. However, it is true that if people want to earn from Bitcoin and get more profit, they must wait patiently for a long time.

This is the bases why many don’t approach it with an investment mindset although, they come to the field with the mind that, they are out to take up some Bitcoin investment and still, don’t wish to give it the time it needs because the idea has long been rooted in having to make a whole lot of money from Bitcoin and transfer the profit into other forms of business.

When the money they hope to get isn’t coming in at the designated time, they begin to panic especially when the market starts dumping. Then, you can find them running out and selling at a lose. Something I like to see non the less so, we don’t have those that just wants to take and don’t really give a cent about the technology they are exploiting.

It is not entirely true that investing in bitcoins gives very fast profits.Investing definitely requires patience and experience.There are many people who over invest and sometimes they lose a lot.I think now is the right time to invest in Bitcoin because the price of Bitcoin will drop a lot when Bitcoin halving starts, so if you buy Bitcoin at that moment, when the price increases, you will definitely profit.If one really wants to make a profit by investing in Bitcoin then he must be patient and gradually gain experience as he invests.

Investment needs time to yield the profit. However there are some fundamental differences between crypto and non-crypto assets which should be carefully understood before buying any from the investors point of view.

Patience is something of a virtue here, you cant hope to make money from bitcoin just by buying a lot today. It will cycle through bear and bull and then you sell it to get the profit. Haste will lead to waste here and the altcoins shining out as methods to quickly get rich are horrible choices often taken by newbies and gullible people.

Yes, all investments require time for the investment value to become more expensive. However, in bitcoin the time required can vary, if we are lucky then the price of bitcoin can rise very quickly within a few months, if not then wait 4 years then usually the price of bitcoin will rise.

I think altcoins have good potential, altcoins can rise very high or fall to the bottom of the abyss. Altcoins do have huge risks but their prices can rise tens of times, so the risk is worth it. I think choosing bitcoin or altcoin to trade is every individual's choice

It is obvious that not everyone that think thag Bitcoin investment need to take a lot of time. Those that had been in the crypto market knows that to get rich in the market, there should be enough to dedicate for the investment to grow and bring forth fruits. Those that rush to get profits from Bitcoin investment are the ones that will still come back to complain about not making profits from the market. We need to give our investment enough time for it to grow and germinate if not, we'll be running around to improve it without knowing that we are the major problem why we are not seeing any profits.

All the activities we want to do require time to achieve success both in investing in bitcoin and real estate. This is an important mindset that must be put into your head before trading. Without patience, most of the decisions we make are wrong and ultimately end in losses.


Patience is the main key in investing both short and long term in both Bitcoin and Altcoins. Of course, Bitcoin has been proven to be a long-term investment. This is proven if you look at the history of Bitcoin's journey from time to time. So if you invest in Bitcoin, the key is just patience, so you will get profits in the future.

In my opinion, altcoins are an uncertainty, you can only guess. It is true that there are those who make a profit very quickly, but there are also those who will end up losing very quickly too, except for the top 10 altcoin. But even then there is no guarantee and it will actually make us lose like Luna coin, that is the weakness of trading or investing from altcoins.

Everyone knows about the importance of bitcoin they all need to know the basics of trading and only seasoned traders can guide them as they have the knowledge of the market. They know which coins are good for investments and which are not. We have to guide them first then they will do trading on their own!

Actually, why many people hope to be able to double their capital quickly when investing in Bitcoin compared to other investments is one of the reasons for the hype of Bitcoin. Just look, in my opinion, there is nothing as hype as Bitcoin for investment matters. In this case, when you come across something that is very hyped at times, especially the hype is extraordinary, without being based on good knowledge, then we just focus on the results. Without having to understand and want to know how the process works. Their desire to quickly get high profits in Bitcoin is real and their patience is that thin. Moreover, the mentality of investing in Bitcoin also plays into it. When it comes to other investments, the price is not that volatile, but Bitcoin, we know how it fluctuates.

A true investor knows the time frame to profit.  These people who expect huge profit within a short period of time are not accustomed to investment.  They are probably newbies that were hyped to put in money and were misguided and by the person that informed them about Bitcoin.


It is best to tell them to do their own research and verify the information given to them so that they can't be misled by people who have little knowledge about BTC.

Teaching others from scratch is very difficult. Sometimes we have to be clever at making parables or something like that if their knowledge regarding digital assets and crypto is very minimal. And things like this are not easy. Then, even in trading, we must provide direction along with practices that are easy to understand. Teaching them basic analysis may be quite easy. But teaching them about the importance of managing emotions in trading is also not easy. Because to be able to manage emotions in trading, it turns out that experience is needed. But one thing that is certain is that Bitcoin should indeed be much more suitable for long-term investment than for short-term trading. But people who want quick profits. They always choose fast trades. only when they experience losses will they understand how difficult fast trading is.

Whoever introduces bitcoin to newbies without also exposing them to its downsides will ultimately bear responsibility. When expectations of newbies don't line up with what they have heard, they will blame him or her. They will start to question the person and claim that they were forced to make investments that would result in their financial loss. 

The idea of investing in bitcoin should not be praised. When discussing investing in it with someone, it is preferable to be blunt. Investment decisions are made by the Person, not you. Since investing involves money, it is never a good idea to sugarcoat anything about it.

Me too, bitcoin's high volatility is the reason I invest in it more than any other investment. But we should not blame those who do not like its volatility because they are people who like safety and do not like risk. Not to mention many people still don't see bitcoin as an investment, they just see bitcoin as a currency so there's a reason why they like the volatility. But if bitcoin was no longer volatile, would it still be of interest to people? Just on our forum, up to 99% are investors and if bitcoin stabilizes, will they continue to go with bitcoin?

It is right that it should be explained to the person who will have curiosity that having a profit in Bitcoin in a short period of time can happen if we have extensive knowledge of trading skills here in the Bitcoin space. Because if we have no or zero knowledge of trading skills, it is not possible for newbies to earn Bitcoin in a short period of time.

Most of the time, Bitcoin should be held while studying it for a few years or waiting for a bull run before selling it again. If you don't know anything by now, save Bitcoin first if you believe in it. It's no different from the fiat that we save; the only difference is that with Bitcoin, it's possible that the 100 dollars you save now can happen at least five times in the coming seasons or more.

Really, anyone who gets into Bitcoin thinking they can make money right away needs to be brought back to reality. To be profitable, you need to spend money and truly understand the subtleties of trading as well as how people's actions affect market sentiment. As a result, you're like a fish out of water and can be attacked in any way.

That's exactly what you said: patience and a long-term view are very important. Cryptocurrency, like fiat, is a chance. The unique qualities and growth prospects of this digital asset make it appealing. Keep in mind, though, that its not a raffle ticket; its a financial instrument. reating it any differently is, quite frankly, setting oneself up for disappointment. Belief and caution should always be balanced. Half the fight is knowing this.

Unlike before, this is not the case anymore because most investors nowadays know exactly why they hold bitcoins and they are carefully storing it well while waiting for another bull run which is a high chance to occur in the bitcoin halving season. I remember back then when someone used his grandmother's retirement funds to buy bitcoins and when the price crashed, he blamed all the users here due to the topics he read about bitcoin price speculations. I wonder how he is doing right now, if only he could wait for some years, he could have been happy rather than putting the blame on other people.

It's because that is how Bitcoin was promoted to them when they were firstly introduced to crypto world. However, if Bitcoin was properly taught at schools by serious professionals, and not by the media or virtual scammers, since an early age, people would get much more realistic about their Bitcoin expectations since the beginning of their journeys, avoiding a lot of misunderstandings, losses, regrets and complaints later. The issue is that we depend on our local governments to allow such content to be part of the school's grade. And since many of them are against or hostile to Bitcoin, it's still unlikely we are going to see any advancement on this aspect anytime soon in most countries...

Price volatility and misguidance are probably the reasons why most new investors have such mindsets regarding Bitcoin or cryptocurrencies, one more reason could be the pump-and-dump cryptocurrencies that gain and lose substantial value in a very short period of time and when inexperienced investors see that, they expect the same to happen with Bitcoin or any other cryptocurrency which isn't actually the case but it's all because of a few misunderstandings from their side.

People mostly do their homework before they start a business or want to become a shareholder in a certain company or establishment, which they don't do in a proper way when getting into the cryptocurrency market and whatever they've heard and seen from here and there is what is stored in their mind and they think of this market as a way to get a lot of money in a very short period of time which happens, sometimes, but only out of luck.

The people that are not yet into Bitcoin has this thinking, they think that those who have become successful in Bitcoin just managed to invest newly as if it seems like get rich quick scheme but it's not.

Those that want to get rich quick should learn to manage their patience, it's not the way to go because the more you want it to be quick, the more you're making yourself vulnerable into higher risks.

You're right that they may fall into ponzi schemes which is typically happening to those that don't have patience at all. And those that are trying to trade, much better if you study that but it takes time and money as well so patience is still needed.

For some people they know exactly what to do in conditions like now because they have seen Bitcoin's journey so far. Holding bitcoin for the long term while accumulating it is the best way to make big profits and this is usually done by some people who do not have large capital. If we are able to see the right opportunity to buy and are supported by large capital then this step will be much more optimal, but if our finances are limited perhaps one way is to use the DCA pattern.

That's why someone must be able to be responsible for the investments they make and not force themselves beyond responsibility to lose. Even though Bitcoin is one of the best investments, if someone comes to this investment without good knowledge and experience then something like the case you are talking about will happen. In fact if he acts calm and doesn't sell out of panic, he certainly won't lose because Bitcoin will return to a repeating cycle.

Making quick money with Bitcoin is possible, but it does not happen quite often. The market is volatile, and the price movement is unpredictable and for this reason many events could cause bitcoins price to pump suddenly to a level where you can make quick profit. It will take a tremendous luck for this to happen. And people think that they can do it too. But it becomes more like a gamble. If the luck is on your side, you may win something huge.

Bitcoin has always been a long term investment asset. You can only get a good amount of profit without any kind of risk only by Hodling for longer period of time. The risk is there, but it's not that much to be considered as a risk. I mean, it's an online thing and anything could happen to it at any time. No one can guarantee a 100% secure investment. And all investment carries risks.

Also, bitcoin is not an asset to begin with. So if a person is willing to come into bitcoin just only for its use case, then they don't need to know about all of this. But I like the idea of sharing every bit of knowledge that comes with bitcoin learning. The more you know, the better. And you need to know every pro and cons of bitcoin before joining. You will get profit, yes! When will you get it? You need to wait a longer period of time! That's what bitcoin is.

This is a realization that most of the people who want to invest in bitcoin do not actually understand bitcoin well and their decision to invest in bitcoin is not because they are highly knowledgeable about it but they invest because they believe that bitcoin will offer quick profits just by short term investing. In reality, it is very wrong because in all kinds of investments, profits are gained after years of business operation and bitcoin is never an exception. And its clear that those who risk in business do not enjoy profits very early but most of the time, they incur losses at first before they will come to enjoy the fruits of their business, that is their most awaited profits.

Education can be vital for all bitcoin investors. That they should understand all the basics about bitcoin first before they take part in risking their money to invest in bitcoin. And just like other type of businesses, bitcoin investment needs more time to progress before people will enjoy harvesting their profits.

Bitcoin investors desire quick returns and may become tired of holding their coins due to fear. However, they can still be part of Bitcoin by being open to new ideas and not viewing it solely as a means to make money. They perceive Bitcoin as riskier than their professions, as they don't fully trust it.

It is not because of the trust issue. This is much connected with the way users have been said. Most of the users who had turned to be cryptocurrency users were not by choice, their involvement is by purpose. A close friend or someone next to him/her have introduced it as a better investment and had shown the growth chart and life changing experience of many people. This surely makes them get into these kind of thoughts. When they enter and start using cryptocurrency as investment as well as for other purposes, we'll get to know better about bitcoin and how it grows.

Well, we can't blame them; they enter bitcoin hoping to earn a lot, as they foresee the potential of bitcoin or how popular it is right now. I'd say bitcoin is not for a person who doesn't have the patience or financial state to sustain their investment. Why? It's because investing in bitcoin, while potentially lucrative, requires a significant amount of time and patience; unlike trading, you don't place your trade and expect it to profit the next day. But in order to earn a lot, you need to wait, and of course, you need to think carefully before making your trade or investment. So for those who desire quick profit, sometimes they are the ones that face a miserable situation because of bitcoin; they are the ones who blame bitcoin, but the truth is, they are the ones who place themselves in that situation. You are right; bitcoin or any crypto is not for people who desire a fast profit.

It is very important for investors to apply long holding to their Bitcoin, if truly they want to make a huge amount of money from their investment, because the longer you hold your Bitcoin in a safe place it will determine how much income you are going to make when the price increase higher in the future. You can still make income from short term holding but the income will not motivate you like the way long term income will motivate you to increase your capital so that your income will multiple in the next pump. Bitcoin investment is different from fiat investment, and always try to be patience whenever you are ready to hold Bitcoin for a long period of time which is the best way nvestors use to secure income from their investment.

Maybe that is because this is what they see Bitcoin (or as a quick rich scheme) so their expectations are high about it. It also depends on the people. Be it BTC investment, or a business, there will always be people who are too impatient. The source of panic is not because of it but it is due to FUD and other negative (legit) happenings in the market. It won't also be possible if their emotions aren't too fragile enough.

We never fail to educate people about Bitcoin, it's just that they neglect it and rush in the gold. There is no need for us to change the way we taught BTC but the one's that needs a change are those people in our subject.

Investors who like to take profits in the short term are no different from traders who often stop by the market, because traders very often carry out actions like that in what they trade. But investors should be a little different from traders in the market, although it is also not wrong to do things like that because it is for the profit that they can get through their investment. However, let's look at some investors who like to take profits after setting their investments in the long term, I see the profits are much more extraordinary than those who take them in the short term.

I think they don't have a good idea about bitcoin because they don't have faith invest in bitcoin and proceed with faith. There is no fear of getting lost in the crypto market bitcoin is at the top of all currencies. Other currencies rise in value depending on the price of bitcoin is the best currency to invest in and it is possible to earn some profit if you wait long term. Like all other currencies there is no reason to fear if the price goes down it's just a matter of time before it pumps up again.

Long-term investing will be great when it's done right.
buy gradually with some capital that is indeed provided.
When compared with short-term selling, it will only get temporary profits.

There is no better profit accumulation than long-term.
Short-term trading is full of emotional pressure that will result in profit itself. 
If you calculate the profit gained between long-term investment and as a day trader, the results will tend to be the same or even more long-term investment,
without emotion, without panic, and only need to wait for the main target to be achieved.

In addition, there are also some traders who do swing trading by utilizing the Mid-Term Time Frame (1H-1D) entering at a cheap price and then selling when the price starts high, this may last for several days or several weeks, depending on the top resistance target reached in that time frame.

https://www.talkimg.com/images/2023/10/25/TYmqC.jpeg (https://www.talkimg.com/image/TYmqC)

There's still fear involved if your are doing investment cause we're still not sure about Bitcoin's outcome since it's volatile, plus some of the investors exit earlier than holding for a long time, due to they really prefer quick-profits. There's no actually wrong with that, since some would really need money as soon as possible so they prefer quick-profits so we could also consider it similarly to trading. Cause if we can observe, Bitcoin's is at 25K-30k+$ at the moment, if we were expecting profit if you invested at 20k$ then it's safe to say that you could already exit. But some really prefer to hold for that long and wait for the bull run. Still I prefer long term investment, as you could avoid being emotionally and mentally pressured and drained like trading, especially with the DCA method where you can consistently invest in a price and day you set.

This to get profit quick in investing bitcoin is the problem which people are having, it is very hard for people who so desperate to make profit from Bitcoin because they won't be be able to stay calm when volatility is affecting the market. Some people just have the mindsets of making money from bitcoin which can make them to end up selling to be at lose. If investors gets to understand bitcoin very well it will  be helpful in making them to understand that bitcoin is profitable in long-term investment and this can be achieved if investors learn the habit to be patience.  

It looks like everyone is jumping into the bitcoin scene like its a gold rush, trying to get rich. However, most people dont understand the technology behind it or what it means for the future. Whats with that? Bitcoin trading isnt a magic way to get rich overnight, thats what people need to understand. Real investment takes a lot of determination, time, and study.

Its good that you brought up the need for knowledge. Lets be honest: how many people really take the time to learn about the blockchain, freedom, and security of cryptocurrencies? A fleeting few. Putting money into stocks without fully understanding them can have terrible results. Bitcoin should no longer be seen as a way to get rich quickly. Instead, it should be treated like any other serious business. Dont jump on bandwagons without knowing where they're going. Instead, dive deep and learn the ropes.

Investors can experience a portion of Bitcoin's profits, which makes investors restless to receive dividends as they lose patience. Here if we invest in Bitcoin for long term, the number of profits will definitely be higher so this kind of information should be mentioned while acquiring Bitcoin education. And the investor should be taught more that investing in bitcoins requires patience and high risk tolerance. So if you invest as a typical investor it is definitely possible to get benefits. Many people get restless when the price of Bitcoin falls but there is no reason to fear that Bitcoin will roar again in 2021. It is possible that Bitcoin will surpass its previous price at each halving.

Not only other people but I personally have been a person who rushes into everything. Including Bitcoin investment. But sometimes we know that we have to give it time until we can get maximum benefits. But when the market provides little profit, sometimes we rush to take advantage. We released bitcoin too quickly. But that happened when I didn't understand what the Bitcoin halving was and didn't see better potential in the future. Because after I really studied bitcoin, I now understand that bitcoin is indeed more suitable for long-term investment. So I think almost all beginners will always go through this phase. but in the end if they can learn more then they will understand how to invest well in Bitcoin.

We can never expect extra profit in a short period of time. At the time of opening a business, we don't assume that initially we may lose money in this business and accepting those losses, but we build a business and maintain the business after the losses occur for a period of time. Why do we expect huge returns in a short period of time when investing in Bitcoin where we accept losses to build a business. Be it business or investment, it is possible to earn a lot of profit in a short period of time. We think now is a good time to invest in bitcoin but if we expect huge amount of profit while investing in bitcoin then it would be foolish for us to think. Even if we invest now, we may have to wait a long time before that. After a long period of time if the market changes enough we will see a return on our investment.

Even those who know about bitcoin still need to hear more information about it, so if we have information that can add to anyone's knowledge, we should always share it with them.
 
For those who know nothing about bitcoin, giving them information about it is also not a good idea, and I don't think that's where the problem comes from.
 
Where we always have problems is when someone who is giving out the information to the next person happens to always be teaching it in the wrong way, giving those who need the information the wrong mindset and making them feel like bitcoin can change their financial status.
 
If you can educate anyone about bitcoin as a secured means of savings and any other feature that it has and warn people against seeing it as a means of getting quick money, then we can rest assured that very few people will have to view it as a Ponzi scheme again.

Actually, that's where most newcomers in this market are getting this wrong.
Because they thought this market will be their savior and will give them huge profits once they enter in this market.
And this is why a lot are getting disappointed after learning that there's more than meets the eyes before you can really earn something.
The good time to invest in this market is whenever you have your extra funds, you should not feel pressure  from people around you because it is your funds that are on the line.

Perhaps, they were taught that once they invested today, they already made a profit the next day. And they believe those words from social media influencers. Well, I couldn't say it was totally wrong because sometimes it happens that there is a pump after buying and making the statement right but most of the time, it bond to be wrong. But if we have to understand clearly the meaning of investment, we can just realize that it takes time to harvest results and takes several months or years, not days.

Please sound it more clearer.
People seem to mount unnecessary pressure on themselves as a result of wanting so much profits in no distant time and this is also one of the reason why alot of people get easily scammed and people should first identify and understand their target and goal in the industry as to of they will be holding for a long time or day trade as our interest are always different bjt at the long run, I also agree that most of this mentality was passed to them from people that got them into the space and when they don't get what they want and what was promised, they tend to give up and speak of cryptocurrencies which is wrong.

If the newbies expect a huge profit in a short period of time, it is better not to pursue it because they will only lose money. Because what they think is easy, they are wrong. Many have fallen into this wrong mindset. This is the kind of soldier who just attacks an army by himself, so what happens in the end is that he is just pinched or torn like a louse.

That's how I can compare the newbies who immediately decide like that in crypto trading without thinking. Trading here is like a course that must be studied first before actually engaging in actual trading. Theory, train, and practice, then actual trade first of all.

The first mentality that many comes in with is in seeing bitcoin as that quick and fastest means of making money, they never want to learn or even think about it that one can make losses without having any background foundational knowledge about bitcoin, this is one of the reasons we always encourages that newbies should always be patient in going through the process of learning first to understand what they are into.

It's certain that all investments need a time of its own so they can prosper and be progressive in time. Same with bitcoin investment, the more you become patient to hold your coins for a longer duration, the higher the chances that you will get bigger returns. Knowing bitcoin price always appreciate year after year, then long term hodling is the key.

However, not all bitcoin investors have come to realized this. What they expect is that bitcoin can give them quick profits just like any scam investment, but bitcoin works differently. The more you give time to your investment, the higher net of profits you will received. That's why some investors tend to forget their investments and just come back again after 5-10 years of hodling for massive profits.

Investing is like building a business cause like what you said above mate building a business is not  an easy one  you must spent a big amount of money but you can't receive a profits in that Tay or that year cause it takes more time. Like in investing which is long term investment in Bitcoin we can not expect that once we buy a coin now we can earn a lot of profit tomorrow honestly speaking Bitcoin is for long term investment we can earn a big profit but in a long term.

It's not Bitcoin that needs time but we are the ones who actually need time. We sometimes expect too much of something instantly. Even though we understand the meaning of investment. In any investment, we definitely need time so that we can achieve the targets we expect. We ourselves set the time until when we can achieve this target. If our desire is to invest in Bitcoin to become rich or get many times the profit in a very short time then you could say we are not investing, but rather something that forces circumstances to our will. without considering various surrounding factors. Bitcoin is something very valuable and that's for sure. and there will come a time when Bitcoin will rise again to its previous target until it exceeds it. so let ourselves be more patient and not rush into investing.

Very true OP. So many people give off the idea that it's a fast and assured way to make money, however, that is not entirely true as time and patience are needed to get returns. And this is why people end up falling for scam projects. For the people who I have introduced Bitcoin, I normally give a disclaimer that it isn't magic and that patience is crucial. Hopefully, we can get the message right as it will really help reduce FUD.

 -   In these times, if you are capable of buying bitcoin and you have an idea, it is really good to give it and focus on it to save bitcoin.
But if you just do it without understanding anything, don't do it.

And let's go back to saving Bitcoin. There are many people who do this; others spend years and months saving Bitcoin through the DCA method, and I am one of those who apply it. And I'm doing this wholeheartedly and without hesitation because I know 100% that it will really bring good savings two years from now.

Its very smart to point out that its not Bitcoin that needs time, but us. Today, people are impatient and always want things right away. This is a big problem, especially when it comes to investing. Just for a moment, though, think about what investment is. At its core, its a test of how patient, tough, and smart you are. Its not investing to expect huge results in a short amount of time. Thats speculation and gambling. You are exactly right; trying to get the market or any object like Bitcoin to do what we want it to do without thinking is a very risky game.

 Yes, Bitcoin has value and a huge amount of promise. But getting into the crypto world takes a deep understanding of both how the market works and how to keep your wallet safe. Hacking efforts are on the rise, and digital assets are always at risk, so protecting your investments is very important. We need to know whats going on, be alert, and wait. Then we can really use Bitcoin and other cryptocurrencies for what they're meant to do.

You have said it all, because Bitcoin is not a get rich quick scheme platform, but to go get rich investing on Bitcoin is sure business that needs time and patience, while waiting, for a example of Bitcoin price for  5 years ago, can't be compared with the present price, even the cryptocurrency market is on bear market and is far better and profitable to compare with the previous bear market.

Apart from the fact that what you introduce must be understood as something that is not magic by the person who receives Bitcoin information from you, that person must also learn by himself to understand the risks and how to apply patience to what he will do by owning Bitcoin. Because the creation of FUD will always exist and will always be done by people who are proud to like Bitcoin or even don't like Bitcoin at all. So this also needs to be understood very completely by anyone because Bitcoin is getting better now and other projects are still not able to beat Bitcoin.