Bitcoin Forum

Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a good helping hands for future and at least when you invest in six months time you get your profit in one or two years or more for your effort to be reasonable and bear in mind that Bitcoin is not altcoin that can be hype or where many altcoins are built based on the basic structure provided by Bitcoin, Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

Nothing will make you rich overnight, not just Bitcoin investing. Investing is never a get-rich-quick scheme. Investing in cryptocurrency can change people's fortunes but not in a short period of time. Invest enough in Bitcoin and hold that investment for a long period of time and you will have hope of getting something good. Investing is only for the future and with the expectation of getting something good in the future, investing in Bitcoin will stop all other activities, but this is not the case. Apart from investing in bitcoins, you should also carry on with your other activities as normal. If you have enough investment and the market goes up as expected then this investment can change your fortune.

A similar thread has already been written by Ruttoshi recently https://bitcointalk.org/index.php?topic=5474430.0
You should have made your comment there and not opening a new thread on this, because it is the same reply that was given by forum members there that will also be said, so go and read that thread to get the information or ideas that you want. You should lock this thread OP.

Yes, and it had been proven out specially into those people who had been able to make themselves profitable or make them rich on Bitcoin but we know that price is high now, getting 2x or 10x would really be that hard already basing up into its current value and  this is why people or investors would really be trying out to make investment on altcoins because they do know that it could still make them rich, im talking about those low cap coins and not to those high cap ones which we know that it could really be that possible but if you do want on less risk and couldnt really be that confident about those coins then
Bitcoin would really be your best choice but if not then its up to your own preference.

Anything on crypto investment does impose risks even with Bitcoin, this is why it would really be that important that you should really invest on the money on which you can afford to lose because if not then you would really be finding yourself that impulsive on the time that the price had decrease. Its never been easy to watch and observe a negative portfolio because you would really be that ending up
yourself on selling on loss if you dont have that good emotion control.

Bitcoin is just like any investment that takes your money, time and effort  before you can see it flourish in time. You need to invest your knowledge and skills into it, as well as with faith and patience that are certainly crucial when you hold it for long term. And just like any other investment, it grows and appreciates if you invest yourself into it.

Yes, bitcoin is not a get rich quick and get poorer investment. But it can make you suffer from your finances if you invest in bitcoin without prior knowledge. And helps you achieve wealth if you follow the process and maximize your investment skills.

bitcoin is not an investment, just consider it this is simply ignoring all its revolutionary fundamentals, it is a natural evolution of currency, there was one before bitcoin and one after bitcoin, it is humanity's greatest invention after the internet. True freedom in its essence

I can cite countless examples of how big bitcoin is...

The op's post could really use some structure and punctuation. More than 5 lines of text as a single sentence sounds more like a stream of consciousness than coherent thoughts to me.
If someone invested a long time ago when the price was, say, below $1k, Bitcoin could be a very simple investment that doesn't require monitoring and discipline. If one has strong enough faith that Bitcoin will reach huge heights in the future, one can simply buy and wait for many years without doing anything else even now.
It might make a person poorer if there comes a time when this person really needs the money and is forced to sell BTC during a bear market. Patience and a long-term perspective are good points, but situations vary, and people should account for that.

Yes, the development of the current technological era is growing very fast, many people are aware of how to ensure their finances are not affected by inflation, investment is the solution. We really need to teach this in our families from an early age about this one thing (investment). In my opinion, if you want to be rich or get money now, we have to work like that. Investment is not the answer. investment in my view, investment results from the money we invest over many years by setting aside every month will determine our results in becoming rich in the future.

TBH, Risk investments are not the jackpots to get rich, Bitcoin is not the solution to all the problems you are facing right now, I mean poor financial conditions, Bitcoin can be your savior if you are doing good/average in the current timeline, Bitcoin will save your future concerns about custody, decentralization, inflation better risk-reward returns comparing to any of the other financial planning.

To get rich, things out of the box don't hope much from Bitcoin in this current cycle all we can have on the optimistic level in Bitcoin is 4x to 5x from the current market value. Better take more risk because Bitcoin is all about realibilty & stability in the crypto risk investment , Find out hidden gems aka shitcoins for the 100X or 50X jackpot you are expecting with the chances of 0.1%.

Bitcoin is a business like any other business. Just like in other business of life ,there are chances of both profit and loss.  However, this is such a unique business. Which has a special attraction for people. And men and women of all age groups are more attracted to it. And it is also a fact that there are losses in this business like any other business. Moreover, this business has the get-rich-quick quality that cannot be denied. Hard work, struggle and patience is also a feature of this business.

It takes time for your money to grow, even in other terms of investment. If you invest in business, real estate, Bitcoin, etc, for sure your money wouldn't grow that fast in just a day, weeks, months, or years. It literally depends on the market situation that's why being patient and consistent won't be enough if you are not that knowledgeable about Bitcoin. Bitcoin might not make you poor but in the process, you can experience losses, just like the right timing in the market if you buy high and then sell low then of course you've lost some money, but eventually if you hold for long-term then you could still profit. With Bitcoin, I think it's possible to get the quick rich but it would take time which applies to other options in investment as well.

A little ambiguous with the words "Get Rich Quick Quality" because there will be no guarantee someone is trading or investing Bitcoin to get rich quick as we are talking about today.

Bitcoin investing is not like a business in general, it is more like a way of saving and setting aside money for long-term investments on the Bitcoin digital Money platform.
Bitcoin is fraught with risk and there is no guarantee the investment will be safe and profitable, as this also depends on how patiently you wait for the target to be reached and how strong you are to hold the long term.

It is not easy to hold back long-term because the price of Bitcoin is fluctuating and this can affect everyone's psychology and if they are not prepared, then the investment will fall and not reach the desired target.

It is true that investments made by each person will certainly take time to be able to bring in profits and you must have patience in every process you go through to be able to get profits without going through each process in stages, it will not be possible to get these profits and also we have to be really careful. understand the investment well so you can get a profit.

When investing, it is very important to be able to know when is the right time to buy and hold until a profit can be obtained and we also have to stick to the plan that we have set so as not to sell it at a low price so that we cannot get a profit from the investment we make.

this seems like a summary of the total knowledge you've gathered about bitcoin smd i feel that you're making it look more complicated than it actually is.

Let me break what you are trying to say in a way that's most simple and direct. Think of a particular goods like diamond that you know that it is very precious and valuable. Imagine you bought the goods at an amount and you know that it price will increase in the next couple of weeks, months or year depending on how long you want to keep it. All you just have to do is to buy the diamond, keep it and just monitor the the current price of diamond in the market. When it reaches a certain price you're comfortable with, you just sell it off and get your profit and it's that simple. Just take the diamond as your Bitcoin and do the analysis again and you will understand the basics of bitcoin investment.

It is wrong to think that no matter how much you invest in real life, your luck will change from the next day. It's important to think about where you're investing, why you're investing, and what your next investment steps will be. If your investment is in Bitcoin or cryptocurrency, how long it may take for your fortunes to change is just a matter of guesswork. Carefully considering where you put your money, understanding the reasons behind your investments and planning for the future. But one thing is clear that investors need to hold their position for a long time before seeing expected returns. Patience and a well thought out investment strategy play a role in achieving future success.

You are right. Bitcoin is more of an investment coin and not some get rich quick scheme that some people mistake it for, that's why they easily get disappointed in the long run when they don't get what they had anticipated.
Anyone buying Bitcoin today should know this and know peace.

I thought you were going to talk about holding but you are more convinced by Futures, I value your suggestion because in the current market, everything seems to be under assumption and whatever prediction you make any token or alt will achieve that in some time frame but we are solely talking about BTC and predicting BTC price is also not that hard.

Because manipulation is at its peak and all we have to do is keep patience just like you just, we should wait for the right moment and when it comes we should take entry and if we have to keep patience then what difference does it make that either we do spot or future.

You might want to do future as you might have lower funds so in the future you can get 10x or 20x leverage but keep in mind that in the future you can become poor but if you are doing a spot you will not. It does not matter how expert and how experienced you are, the future will get you down.

Those who understand this will never be too greedy in the market. It is only for the newbies that are in the crypto market to make fast profits that would be very eager to start making profits when they invest in Bitcoin. Bitcoin and other cryptocurrency needs time of investment after we have purchased them before we start seeing profits as investors. Sometimes when we start new business or put our funds in an investment, we need to give it a little time or enough time before we start thinking of making profits from that project. Cryptocurrency is profitable but we need to be patient for our investment to grow.

With the way you emphasize on 6 to 8 months, you kind of make it look as if 6 months is not a good time frame for one to invest and make a reasonable amount, which is wrong, as any individual could invest and take his/her profit at whatever time it pleases that individual, and not compulsory it has to be either 1 or 2years, but however, that doesn't mean leaving your investment capital for such time frame is bad, but that should be the sole decision of the investor, and nobody else. For example, let take a look at Bitcoin, do you know if only you have bought 1 Bitcoin 6 months ago (i.e May 2023) when it's value was still at $27,700 per BTC, do you now by now with current price at $37,700 per BTC, you probably would have made a whooping extra $10,000 for just mere holding 1 full BTC for 6 months.

https://talkimg.com/images/2023/11/30/NI3lW.jpeg

Moreso I think it is largely due to the kind of information they were exposed to from the very beginning. Some have been told that when they invest in Bitcoin, that they will make a lot of money. And if you run with this narrative, you will always end up having problem, because, true you could make money and also possible to lose money.

Half information is worse than ignorance.

I would not advise newbies to start futures trading, they could easily get liquidated. A less risky strategy and also profitable would to buy and hodl bitcoins for long term than actively trading.
I think you can do a lot better with your writing. Adding punctuation where necessary gives the reader a better understanding of the subject matter and helps them to understand what they are reading in the text.

Bitcoin is a long term investment. It's never a get quick rich nor a get poorer investment, but bitcoin will eventually make you poorer if you have no idea how bitcoin investment works. If you invest because of greed, because people are rushing to own bitcoin, then obviously your investment will not gonna work.

One thing is certain, bitcoin investment needs it's growth and development. And it does not happen all of a sudden, you need to work on it to see it's progress. You need to safeguard your bitcoin for its security. If you can do that, you will have high chances to become rich while seeing your bitcoin investments growing.

Those who hope to get rich quickly from Bitcoin have the wrong mindset and also those who think Bitcoin will make you poor quickly because of the high risk are also wrong, those who are currently rich because of investing in bitcoin are those who were early investors, that was when the price of bitcoin was still cheap. However, at current prices, it is impossible to get rich quickly from Bitcoin because the increase in Bitcoin prices is uncertain and difficult to read on the market, if you want to get rich from Bitcoin, invest in it using the DCA method and it must be a long-term investment. Bitcoin is not like altcoins whose prices are based on pumps and dumps. Bitcoin is a decentralized cryptocurrency.

The new investors of BTC always have it in mind that BTC is going to make them rich. The majority of those users who came into crypto after 2017 have this mindset because that was the time when the crypto market had soared high attracting the newbies from social media who wanted to make money.

With the news about ETFs, one would really think of massive profit and will start buying.

Bitcoin is not a get rich quick but a lot of newbies don't see it that way. Instead, they are still convinced that bitcoin can easily make them rich and wealthy, so let's leave them like that until they start to experience the lessons brought by bitcoin.

While bitcoin is good for long term investment, but still a lot of investors are investing it for short term. Maybe they have seen how bitcoin price surges too fast, and they think that it will stay that way forever without seeing price decline and market crash any time of the day.

The problem is that most people are introduced to Bitcoin with the wrong information. When they see Bitcoin volatile, they think of quick-rich schemes. So they jump into it without further research. So due to a lack of knowledge, we are missing some important things related to Bitcoin. We have to invest so that we can afford to lose. Otherwise, we can't hold it for a long time in the event of a dump in the Bitcoin price. Also, it's an important part of bitcoin investment to know how it works. So if we know everything related to Bitcoin, we may not consider it a quick-rich method.

For what I can tell people often mix the terms investing and trading, they believe that what they are doing which is to buy an asset and sell it days, weeks or even months afterwards is investing and this is not true, they are just trading the markets with different time frames, an investor at minimum needs to think in terms of years, and the longer they can hold the better the results, so if someone invested in bitcoin now and kept doing so for the next decade, the results they will get out of their investment will be great, unfortunately there are very few people willing to be this constant for such a long period of time.

As far as I know, all investments require time for the investment to grow and provide good profits. This also applies to bitcoin, so just like other investments, bitcoin also takes time to become more expensive. However, you need to remember the risks that bitcoin has because of the volatility of the bitcoin price, one of the most frequently encountered risks is a significant drop in price and this is the most difficult time for us to be able to survive and hold bitcoin, going through times like that is not an easy thing.

Imagine if we buy bitcoin for $50k but in 3 months the price drops to $30k and doesn't increase for 1 year. We must be prepared to face this risk and not rush to sell the bitcoins we own because historically bitcoin can always touch a new ATH every few years. So we still need emergency money so that if there is a situation that suddenly requires money it doesn't force us to sell our bitcoins at a loss

Not only newbies but even those who have been investing in bitcoin for a long time should stay away from futures trading because it is no different from gambling. If it's a spot trade, I think there will be no problem, but if it's a futures trading, we should stay away from it completely.
OP says bitcoin is not a get rich quick scheme but thinks futures trading is a way to make a profit. That's quite contradictory because those who engage in futures trading intend to get rich quickly.
But honestly, I have never seen anyone get rich from trading. The rich people we know are mostly early investors or long-term holders.

For me, most of the assets are like Bitcoin, like the stock market or gold/silvers. The only difference with Bitcoin is high volatility.

There are also a lot of people that expect this and that even in non-bitcoin assets and some of them are losing money, so for me, I can see it is fair.

Bitcoin can make its holders poor, because there's no mechanism that prevents it from crashing. Its price is dictated by supply and demand, and those are not predictable, because no one knows how people will behave. It's entirely possible that someone will put all their savings or wealth into Bitcoin and then it will crash and ruin their life.

So far Bitcoin was on average going only up, but there's really no good explanation why, and without understanding it we can't know for how much longer it will keep growing and what will happen after it stops.

I've been around for almost 10 years, and I never got the grandest of mansions or the fanciest of cars. I offloaded coins along the way, mostly due to necessity, and partly due to the fear of bitcoin not getting to the same levels anymore. It was hard, but thankfully I still have a couple of bitcoins left in my arsenal that I will store for years to come.

Apart from the get-rich quick mindset of people nowadays, lack of self-control and trusting their own emotions instead of looking at what the data tells us is what pushes most to lose their initial investment. People are so quick to sell nowadays during the reds in order to 'mitigate the losses' that they will incur, when in reality (and this is backed by years of trading data) that is just the normal fluctuations of the price in play.

I don't blame them if they sell and want to keep a portion of their money, but they must know that bitcoin is a highly volatile asset, and that wild fluctuations are normal even without a reason.

Actually you have a point as bitcoin is volatile, we really don't know when it will go up and down but as an investor, it's our responsibilities to review and to check the market so that we are aware on the current state of the coin. If you're into investment, in order not to get broke is to diversify your investments, Although it does not guarantee against loss, but this is the most important component of reaching long range financial goals while minimizing risk.

To be fair, bitcoin is just a financial market like the gold or stock market , it can also make us rich or it can also make us poor. Whether we succeed or fail depends entirely on us, not bitcoin. Bitcoin is still classified by the financial world as a high-risk asset because its volatility and adoption level are not large enough. So it would be biased against bitcoin to say that bitcoin is risk-free.
Even though bitcoin is over 15 years old , to be honest , the risks of bitcoin are still huge when compared to other traditional assets. But the higher the risk, the higher the profit.

If you’re promised that you’ll get rich overnight then that is already a big sign of red flag. No great investment that will last long can be achieved overnight. You have to put in hardwork and patient before it can happen. As in the case of bitcoin, you have to be patient and not to take the wrong move that will cost you to lose your investment. Bitcoin has been ascertain from prior years that it will grow overtime, so having patient in this investment while leaving your money to grow in the long run is the best thing to do. Bitcoin can make you rich if you invest for a long time and can make you lose interest in it if you don’t do right thing that is expected of you.

Like any other investment, buying Bitcoin and getting profit from your BTC investment will take time. Take the example of a property or a car; if you buy the property you have to wait for a few years to get a good profit. The same is true for Bitcoin.

Bitcoin investment is a long-term thing, and you have to hold it for a significant period to get a handsome amount of profit. The majority of the investors are going for a long-term plan. One thing that makes Bitcoin Investment different from others is its ROI. If you bought BTC a decade ago, you might be a millionaire by now.

Gambling can make you rich overnight but that's if you are ready to pay the price, because you can also turn poor with gambling that's why I won't recommend it, apart from illegal activities nothing can make you rich overnight, it's either it's crime or fraud or killing people for money.

When it's all about legit ways to make money it's going to take a long time and that long time is what many people aren't prepared for, people are obsessed with making money fast and that's why they never win anything, if some get rich quick offer is brought to you it's better to run.

The volatility of Bitcoin is a big opportunity for me, I have never for once doubt on Bitcoin, I have full confidence that you can only be at loss if you sell for cheap price or if you are careless with your private key.

Thanks for the lecture but we have read that thousand times before though it is always healthy to remind the community about what they need to remember and that is the most important thing here and also thank you for reminding everyone , but sometimes we have to put not just typing but also proving that we support and holding bitcoin.
have you bought and hold bitcoin?if not then try not to buy first and add some actual support for the network.
though Yes Bitcoin is not for fast profit but this is the most safety and assured way to invest.

Remember that no one gets rich in a short time unless you bet on the lottery or win a lot of money in gambling. Before someone gets rich, everyone waits a long time before they actually get there.

So if you want to get rich through Bitcoin, you must be prepared to wait a while before it happens, and you must also have at least holdings of at least 1 bitcoin, as some communities say here on this forum platform. Or it can also be with other cryptos that also have the potential to provide profit in the future, such as Binance, Ada, Matic, and other cryptos that are top-listed in the market.

while i think that investing in bitcoin still has its own risks, it’s relatively safer than most altcoins most people think that bitcoin’s volatility makes it risky for investment but when you know how to read and analyze a market and strategize based on what you’ve observed you’ll have no problems in getting your profit out of the market

Investing before a potential bull run is good. It can give you profit early. But hodling for a longer period of time is even better. As everyone says, hodling is the key. It has its advantages but also remember, never marry your wallet. There will be times when you can get profit from your investment. If you are wise enough, you will take that opportunity to make profits. Then you can invest again to accumulate more BTC at a lower price. Then you can HODL again for a longer period of time.
It's all about finding the opportunity and taking advantage of it. Failing to do so will lead to loss or no profit at all. And yes, this takes time. It doesn't happen overnight.

Problem is with people's impression towards this industry and Bitcoin itself. They have high expectations due to market price volatility but never considered its risk more than anything else.Many people gained huge profit from the previous all time high which quite gave them the idea that you could be rich quickly from investing into it. As we all know and as others have already said, no success has been done in a single night. Patience will be always needed not only with Bitcoin but also with other tokens in this market.There are also right entry points which would help you maximize the profit if you are just planning to invest at that point.

Are you just knowing this now, or are you telling people who are not yet aware of it? The funny thing is that from the first topic that was created this week, a user made a statement, and that statement happens to be exactly your topic, and it's not a coincidence that you are creating this topic, not because you never saw those comments; you should have just dropped this post right on that first topic instead of starting this new one.

At some levels yeah, bitcoin is indeed a long-term commitment rather than a short-term affair that you use to make a quick buck. For the most part, you have to time your buys or your short sellings correctly, to make sure that you don't shoot yourself in the foot. But that doesn't mean that you can't make money in the cryptocurrency industry this way, matter of fact, a lot of people earn money from spot trading.

I get what you're trying to convey, and honestly speaking I stand by this hill as you guys are too. But forcibly putting your vision of how bitcoin should work upon others would seriously hurt bitcoin, and the industry as a whole. Imagine if everyone just held crypto and never sold, we'd all look like idiots here. Imagine if the market stood still and everyone just waited for someone to break the ice, isn't that a little too uneventful and depressing?

True, although bitcoin is too risky due to its high volatility, it serves as an opportunity for other traders that really understand how bitcoin works or for those traders who know how to analyse the market, and it can only be attained with extensive training and knowledge and with a lot of patience and effort. Yes,  bitcoin may not be a quick rich investment or a shortcut to wealth, but it can give you opportunity and some profits depending on how the investor does it. We can see a lot of complaints about losing a lot of money in bitcoin just because they got hyped and entered into something that they didn't have any idea about, hoping to earn a lot. If you can't take the risk and accept the losses, then an investor like that doesn't deserve the rewards from taking the risks, life is all about risk and if you can't take it then don't do it especially in crypto curren y or bitcoin.

Bitcoin won’t make you poor unless you have weak hands. Motivational speakers say that it is when you quit that you have lost. And this is the truth in cryptocurrency as a whole. Like Bitcoin, you can only say you’ve lost when you actually quit and sell because, even if the value of Bitcoin reduces, you’ll still have the same fraction or quantity you had. It’ll now be a game of patience because that same quantity can go back to the amount you purchased it for, and can often go even higher to give you profits. It all depends on the patience and luck. Luck because you could be lucky and you don’t have to wait for long like someone else.

@OP if you look at the recent thing that happened in Bitcoin, your belief that Bitcoin can't be hyped is wrong.  Anything in the market can be hyped.  Because the market is full of emotions and sentiments that one good or bad news can be easily used to affect the market.

Trading in futures can easily make you rich and can instantly make you bankrupt.  If you wanted to have lesser risk, just hodl and wait for Bitcoin to moon.  After all Bitcoin halving is just around the corner, this means the breaking of the all-time high event is also coming.  So if anyone wanted to get profit in the shortest span of time, accumulate now before the bull run dominates the market.

Bitcoin is worth investing but if you trade futures with bitcoin it will never be worth to you instead if you trade futures you will be more ruined. Futures trading is more dangerous than gambling. Just like when you lose on a gambling platform you lose your money, just like when you enter a futures trading platform if you go into liquidation you will be completely wiped out and your money will never come back. So I would like to say that one should never enter a trading platform especially with little trading experience. To date both less experienced and more experienced people who have joined the futures trading platform have lost their money this is a guarantee, no one will make money permanently from here. Some people have been so ruined by this futures trading that they have not been able to stand upright till now. So I would say always try investing instead of futures trading.

Bitcoin never really was a get rich quick investment, even the people who have been around since the beginning needed to wait a long time for the price to reach 10,000 or 20,000 USD. There have been only a few occasions where you could have made huge profits in a very short time. But the chances to hit these perfect timings are very small and it's not advisable to aim for them. Then again there are plenty of other assets that made insane gains when bought at the right time. In my opinion it's wrong to take the past price changes and expect the repeat of the same performance. We always need to take the current market situation into consideration and look at the forecast for the future instead of the past. There will always be chances to get rich quickly, but so will be the chances to lose money quickly as well. I would recommend anybody to take a more longterm approach to investing and build up a profitable portfolio over time, we will be less disappointed if we don't pick the bitcoin investment at the right time.

Even a year is not a guarantee. When we say Bitcoin is a long term investment asset it simply means it has no specific time for profit or loss margin. The idea is simply to hold until the profit rader begins to set. Sometimes this profit rader might sets within few months and atimes within a long time. It is simply an asset that tests the level of discipline, emotional control and determination of an investor

agree with what you say that investing in bitcoin is not a quick way to become rich. it is not when you invest in it in 6 months you immediately profit, even your investment value can decrease because the bitcoin market is difficult to predict, even for professionals it is still difficult for them to guess the pattern of bitcoin to get profit.

so throw away the assumption that a person can get a quick profit from bitcoin investment because it is a mistake. investment in bitcoin takes time and patience, not just as long as you invest and then the next day you will get a profit of millions of dollars, that is not like that.

OP has emphasized that bitcoin is not an altcoin, which means he also knows the risks of investing in altcoins, but the funny thing is that he ultimately believes that futures trading can make him rich, LOL.

It can be said that futures trading is many times more dangerous than investing in altcoins. If forced to choose, I would rather invest in altcoins and stay away from futures trading.

I agree with you, it is even riskier than gambling and will make us lose money faster than gambling. Bitcoin will not make us poor unless we invest in it properly, buy and hold for the long term. Don't try any method like trading or staking if we don't have the knowledge and are not ready for the risk.

The reason why people are too fast to gett profit from Bitcoin is because they do not understand how bitcoin is,  because one who really understand the market of bitcoin won't be in haste to make profits from the market.  Bitcoin is always a longtime investment,  it is only people have patience to hodl can get profits from Bitcoin investment.  Thinking that bitcoin can give profits so fast or make one to be rich quick is just a wrong thinking and will always lead to disappointment.  Bitcoin is unpredicted but it is very certain that profits will be made from every investment as fat as one have patience.

You are right, it's all about using the present situation at your own advantage,  if it's a bear market you should be buying and holding, then when bull market comes you should be taking profits and start preparing for the next bear market, beginners learned this the hard way as they buy when they should be selling and they sell when they should be buying, it's all because they lack the knowledge of how the market circle works.

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I did same mistakes before and it doesn't took me very long to understand the whole thing, it's a shame that some people will make the same mistakes over again because we will keep seeing new investors as crypto grows in general, they will be some old investors exit liquidity and they will learn from it, and in future they will also exit on some new investors by the time, it's like a never ending circle.

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Since I have been investing money into Bitcoin and other altcoins, the prevalence of people have been discouraged by the waiting game of crypto investment, they don't just like it, that's why systems designed to cheat people are surviving, like HYIP and get rich quick strategies online, people are too desperate for fast money.

It's true that bitcoin investment is not a get rich quick way but if you invest here you have to wait patiently. The crypto market is not stable and the price will always go up and down so investors who can wait patiently for a long time will get good profits. Of course you can try your hand at investing, profit from the games of experienced traders but if you understand how to make money from the volatility of cryptocurrency then you will understand the principle of investing. Investing in bitcoin can be very profitable to make money especially in high volatility situations.

People could still profit from short-term investment which we can call trading, but we know that the process of short-term investment is really stressful as there are a lot of things you would have to consider just to profit, of course, as you would only need a small amount of time since you're taking advantage of the volatility, the amount of profits is not that high unlike to long-term investment. For sure those investors understand how Bitcoin works, it is just that we people have different minds and preferences when it comes to investment, some don't afford it and are patient enough to wait for months or years to make a profit in Bitcoin. But even if you do shot-term investment for a long time, one thing for sure that you won't be rich in just a short period of time, everything takes time that's why it would be better to hold Bitcoin.

In fact, comparing futures trading to gambling means that as money is lost in gambling, it is never recovered. Money lost on futures trading platforms is never recovered. Future trading platform is very dangerous, those who get addicted are the worst losers in life. The OP here probably doesn't know enough that futures trading can make him rich, if he knew about futures trading he would never have mentioned getting rich from futures trading.

It would be very dangerous if futures trading is used by people who are not right, do not have the knowledge and rely only on luck.
This is just as dangerous when compared to gambling.

You must have good knowledge before you start trading futures, as this will be related to the money you are risking.

Let alone futures trading, day trading will even be dangerous if you do not know how to do good trading analysis and management.
About 95% of traders incur losses by day trading.

Futures trading does not always make people rich, there are more traders who lose and fall into poverty when trading futures.
Starting futures trading must really know what to do, be able to do analysis well and capital management properly.

even some investors don't have a definite investment framework for their Bitcoin. what is awaited is the price target or ATH target. So as long as that hasn't been achieved, all you have to do is buy when it goes down and hold. Predicting profits in investment plans based on time is usually more inaccurate. we can plan the target investment time in 6 months - 1 year. but the price situation that we plan is sometimes not appropriate. and that requires us to keep holding our Bitcoins to achieve the expected profits.

Also never sell all at once or buy with everything you have in one go. You will miss out on many chances if you do that. As I mentioned before, the market is not stable and it's quite unpredictable. So if you put all your money in one trade, you are fucked. You will miss every upcoming opportunity and feel regret. Thus you will make an emotional decision. Well, that's not good.
Same thing with selling. If you sell in one go, the price may go up more and you will lose that opportunity too. It's all about playing safe while making the best out of it. Take the profit you desire and after that is done, buy or sell in portion. That's it.

If someone is on this forum then he's already supposed to know that he won't become rich overnight thanks to bitcoin. People must understand that good investments require a lot of patience, there is no secret formula to become rich, just do your research, invest smartly, and wait. You need to wait, that's the problem, many people don't know or don't want to wait.

What you say is actually quite correct for all investors to understand as long as it is for assets like Bitcoin, because determining when to invest is up to us. Because when an investor is satisfied with the level of profit he gets through Bitcoin, this is no longer seen in terms of time but is more directed towards his own level of profit even though he has not invested that long. However, if we look at the duration of the market cycle, which every four years there is always a better price improvement, I think this duration can also be said to be a long term for Bitcoin investment.

For trading, experience about trading is most needed. If you are trading with experience then you can definitely earn from trading. Trading cannot harm you in any way when you understand everything and research everything. So one should always trade with experience.

Whoever thought Bitcoin and the Blockchain space is a get rich quick scheme is in for a shocker of his life. As much as we will not deny that the space is fast paced and can reward people who take the right steps and invest wisely, it can also take the reverse path of it.

It is highly volatile and high risk, as with high risk, its always high reward or get burnt.

People have wrong notions about how it works in here. Little wonder why they tend to 'gamble' loads than invest.

Its liken to a plant, when you plant a crop, you have to water it and nuture it for a period of time before it produces except you want to skip processes and the result is not always palatable.

Just as people cannot quit gambling when they are addicted to gambling, similarly people cannot quit futures trading when they are addicted to futures trading platforms. Futures trading is a terrible addiction due to which people become addicted to futures trading platforms very quickly. To my knowledge all those who entered the futures trading platform lost their money. There is no future trader who has not lost on futures trading platform. No matter how well a person knows about the futures trading platform he is bound to lose his money at the peak of the market ups and downs. I think it is most important for a person to gain experience in spot trading rather than gaining much experience in futures trading platforms. More important than that if the investment can be retained.

For us to make profits as a trader we need to understand the market and focus on what is going to bring profits to us.
Bitcoin is not a get risk scheme do I think the newbies are not going to see cryptocurrency as a means to make fast profits from the market. Is either we trade or we invest in the market. Cryptocurrency trading is very profitable just like investing in Bitcoin and altcoins to diversify our profits. The skill we have as a trader can really help us to sharpen our experience to make more from the market.

https://bitcointalk.org/index.php?topic=5474430.0
Other thread with similar contexts with same aim and objectives that says "Bitcoin is not a get rich quick scheme" as that of OP here .

Absolutely, there is no individual marketing strategies or personal skills needed to trigger over an independent favour whereas a Bitcoin investor could be boycotted or taking personal control over the volatility of Bitcoin to personally favour oneself.
Whatever nature the market has to offer to its investors is generally affected to everyone one of its investors.

Every objectives and aims of every trades is to make profits, some are set to long terms or short-terms trading.
Specifically for Bitcoin, the nature of its favourable marketing values is called upon its investors PATIENT.
Yeah Bitcoin investments can get one rich an overnight due to its high level of volatility whereas it is experienced to Bull-Running of high cost of appreciation but while the bull run is at its peak of breaking silence, investors are expected to exercise patient as a keen holding to make profits in matter of time but not at the peaks of the investors wills or flexible to individual marketing strategies.

So... Bitcoin is just not a get rick quick but would never tends to offer one a zero lost in as much patient is adhered and Invested on the journey. This is one reason investors are thrilled to long-terms Bitcoin investments because it is believed that tomorrows (the future)  always have the best of outcomes.

You are absolutely right about Bitcoin not being a get-rich-quick scheme. It's definitely more of a long term investment thing. If you check out the price charts, it's clear that Bitcoin has shown an overall upward trend over the years, but it's not without its ups and downs due the the well known volatility nature of crypto currencies. Like you said, patience is the key with Bitcoin. It's not about making a quick buck overnight, it's more about holding on and taking advantage of the market's volatility as much as possible. And you're also correct – there's no 'perfect' time to jump in. The best time to invest is when you're financially ready and can afford to do so without putting your other financial obligations at risk.

Whether a person will get their profit early or after a long time depends on their profit target and financial goals and the movement of Bitcoin at a particular time. If a person makes an investment in Bitcoin and wants to get just 20% to 25% return on their investment, they might even get it within a week sometimes, and we have seen Bitcoin doing that on a lot of occasions, it recently went from $26k to $37k within just a week which was more than a 25% move.

So, if someone had invested last month, they could get their desired returns just in a month and sell and take profit. However, if someone has a higher target in mind, they would probably have to wait longer and keep patience in order to get their financial goals fulfilled because Bitcoin moves in a cycle and it sometimes can take a long time for it to enter a bull run.

Most of the people are entering into cryptocurrency because they wants profit overnight but as a result it they loss all their money overnight. I don't know about any field or any business that can give you quick money making opportunity or money without using your own money. All things are not easy as some individuals are suggesting to invest amount of money and double your money soon through bitcoin investment.

In longer duration of time when you see Fluctuations then you will first regret about your choice but if you see green market again then you will be thankful for what you have done. If someone is making investment then he should also learn that he will not use this amount until it gets elevated so save some extra amount of money with you because elevation of money through bitcoin takes years to happen.

Could you refer to the statement that actually said that title because I don't believe that a sane person is going to say any of that, maybe the first part where they talk about get rich quick but I haven't heard of any that said it combined with the 2nd statement about get poorer. Although I do agree with that I don't see a lot of people ever think of bitcoin as that kind of investment because if they did then they would've probably not be here in this investment in the first place if they've heard of the quick rich and get poorer statement about bitcoin, that would've set off some red flags.

Frankly speaking most of people even the old or veteran people here on this market did really have that kind of impressions on the time that we are really just that starting on which it cant really be denied.
Even myself did really have this kind of mindset on the time that i do hover myself into this market on which making priority when it comes on making money or profit. It do really just that you would really be needing to be wise with the actions you are making so that you would really be finding yourself to be that able to sustain into this market. Get rich quick scheme? Sooner or later you would really be able to realize that this isnt how this market works and how it do behaves. Lots of people had already broke their first impressions towards the market on which they do believe that making money was easy but on the time that they would really be
able to trade or invest on their own then they would definitely say that this isnt how they are expecting into.

Unfortunately many newbies are having a mindset of getting rich quickly when they invest in Bitcoin they don't have the patience of waiting for a long term to start making profit from their investment, for example the price of Bitcoin in November last year was $16K+ imagine an investor who invested 100 % of their total fund on Bitcoin and waited patiently till now just a year ago would have made a double plus profit even more as the price of Bitcoin continue to trend bullish so in a nutshell Bitcoin investment is less risky you only need to invest at a lower price thereafter requires patience therefore it's not a get rich quickly scheme

Frankly, there is nothing that makes a quick profit overnight except gambling, knowledge - experience - as well as a bunch of other issues that can determine the outcome of people's investments. With bitcoin, those who have accompanied and benefited from its development will feel values ​​other than simply the money that it brings. I am really grateful for this market, especially for bitcoin because it is giving me knowledge about technology, economics, or even psychological things.... it is truly a field that brings me knowledge. So many useful things.
But returning to the story of profitable investment, we can easily access information about the price increase cycle and that investors will put more money into this market, so the journey follows. The cycle will continue, and this will greatly benefit the person who can grasp it.

But we should not blame newbies when they have that thought because when we were newbies we also had those wrong thoughts. Newbies are attracted to this market by the volatility, stories of getting rich thanks to bitcoin as it increases thousands of percent...Therefore, it is very normal for them to misunderstand that bitcoin is a get-rich-quick scheme. But when they enter the market and gain knowledge about bitcoin, they will gradually change their thinking.

For me, I still see bitcoin as a get-rich-quick investment more than other assets, and that's one of the many reasons I'm here. It would be a lie if we didn't expect to get rich quickly thanks to bitcoin, but fast here means faster than investing in real estate or gold, not getting rich overnight.

Definitely, whether it’s Bitcoins or any type of investments, nothing can make you rich overnight. If any investment promising you that you will become rich overnight, then definitely it’s a scam. Bitcoins are no doubt very rare, and a time will come when the profits will be more, but it will take some time. Till that you have to show faith on the coin and keeps on investing in it for longer period of time. Just accumulate as many Bitcoins as you can and hold it for some days. Definitely you will see great profits.

This piece of advice is not for all, as not all holders can wait for the right time to sell their coins.
There will be possibility of needing your cash when btc is below your buying price, so that's a negative profit for you.
So the idea of investing on btc for profits is not true to all, it depends on when will you sell your coins.
Also, the OP mentioned about futures, very few people will have the skills to get out alive from this type of trading, most can easily get liquidated their position. So don't go to this trading if you are not yet ready with your skills and experience.

Forum apart, it's important for anyone to know that money is not easy to come by, and if you are investing in a thing newly, you need to study it very wisely and know the promising nature of it, how you will go about it, how the history is and how patient you suppose to be so that you gain more from it and do not make mistakes. But if someone doesn't do or ensure all of that but thinks that Bitcoin/any asset is a means to gain quick money, that person will make mistakes and might lose all his investments. Specifically about Bitcoin, what I've noticed is that it has its season, that's the first thing anyone should learn. There are times you wait for years before buying (just like what is happening now), there should be no rush, and there will be a time when the asset has to be liquidated so that the investor will not go home empty-handed.

In other words, if you buy when you were supposed to sell, you lose, and if you sell when you were supposed to buy, you would lose. All investments, including Bitcoin, need experience and smartness, and once you know it very well, you can miss out on earning.

This topic has been spoken on numerous times and it comes with the same discussion. No genuine investment will be a quick rich investment, if you have such mindset before joining the industry then you have to let go off it or you'll become a victim to scammers regularly as they're many in the industry promising all sort of high return investment when you give them your Bitcoin. We have Bitcoin doublers which are basically scams all over the internet and some other sites that are all fake irrespective of the evidence they display of people getting profits.

Investing in Bitcoin should be with a mindset that you're investing for the future and you'll be selling when Bitcoin has gained more adoption which will mean it has gotten more price appreciation. Forget about all the short term profits that the market can offer and put your timeframe for long term investments. Just keep accumulating Bitcoin because you don't know how much longer the price will stay this low again because more adoption from institutional investors and regular investors are coming to the market.

Bitcoin can't belike altcoins because they're built differently, 99% of the altcoins are centralized irrespective of what they claim to be. BNB, ETH, XRP and the list can go on and on are all centralized and nothing like Bitcoin so investing in those as well are at your risk. I'm not saying you can't make profits from them but you're better off sticking to accumulating Bitcoin.

The longer you invest in Bitcoin, the more you will benefit. Bitcoin is one such coin that the more you invest in it your wealth will only grow. Right now the price of Bitcoin is very flexible, the more you invest in a secure wallet the more your future will be built from here. But don't make the mistake of not investing in Altcoins and you will face losses. There are thousands of Altcoins in the market and many Altcoins have completely disappeared from the market.

Every investment requires a process of several months to be able to gain profits from the investment and there is no investment that can immediately bring profits without going through a process that must be completed.

If we believe in Bitcoin to be able to make a profit then we can collect it to get a profit from the investment we make, we can collect it using different methods to other people to get the profit we want.

Undoubtedly, it takes time and effort to fully understand Bitcoin. There are risks involved in using Bitcoin as a way to make quick money, but there are also unique possibilities it offers. Bitcoin is more than just an asset; its changing the way we think about money and value. Thinking that regular investment methods can be used for Bitcoin is misguided. Bitcoin goes against usual financial advice. Buying low and selling high isnt enough; you need to understand a big change in economics. Timing the market is very important, but so is understanding the technology behind it and how it might change the future of banking. It is important for us to consider whether we are merely investors or active players in a financial revolution.

Honestly, I see many people who are against others becoming traders because they think it's too risky and more like gambling than investing. But I don't object because I am also making profit from trading, but I will object if someone wants to trade futures. Furthermore, the reality is that I have seen many people become rich through long-term investments in bitcoin, but I have not seen anyone become rich through trading. Therefore, if someone is intending to get rich from trading, especially futures trading, they should give up that idea.

For me, we should only trade spot and should only trade with moderate intensity, don't spend too much time on it and think that it will be a place for us to get rich.

Everyone wants to become rich but not everyone has the right patience to make it happen, that's why majority still end up losing not because they lack the knowledge and skills to succeed but because they are very eager to make quick profits most especially for bitcoin that is known to be a get quick rich scheme. However, only novice traders and investors mostly fall for this as they lack significant experiences in the market.

Bitcoin is certainly not a get quick rich, but hey bitcoin could make you rich faster than other investments because of its known highest profit offers compared to fiat and other physical investments.

It is true that investing in any platform does not get you rich as fast as investing in Bitcoin. But only those who know and invest well about Bitcoin will be able to understand its benefits. Many people invest too fast without having basic idea and they lose their money due to lack of understanding. A investor can quickly gain from bitcoin but it doesn't always behave the same way. Only those who know about Bitcoin and consider it as a source of long-term investment can move towards getting rich quick from Bitcoin. Although there is no guarantee, a review of its history gives us a good idea. But investors must remember that investing in Bitcoin must take risks. Any investment is risky but it is suitable platform for those who invest in Bitcoin and hold it for a long time.

To me holding just the best.  you  just need to be patient and determined, If you   hold your profit might not comes ones norms. But it will be a gradual process. During holding there's high chances that the coin you are  holding may undergo corrections but as long is BTC you are holding.  you don't need to panic or sell it in loss, you can still continue to hold because of its potential, While for those that's trading with low experience and understanding. I will advice you focus on learning first before trading because there's a chances that you may end up losing all your cash yah trading.

Holding bitcoin is without a doubt a great strategy, however while it can be very easy for an experimented investor to hold their bitcoin and not waver on their determination at all, this is way more difficult for newbies, and this is the case because the volatility of bitcoin is way higher than what they can experiment on other markets and it is not rare for bitcoin to suffer a massive correction in a single day, and when a newbie experiments such losses it can be very difficult for them to keep holding their coins.

I agree with your point that holding onto Bitcoin for the long term can indeed be a lucrative strategy. It has the potential to make you wealthier over time. However, when it comes to futures trading, I have a different perspective. Frankly, engaging in futures trading isn't a reliable path to sustainable wealth. It's crucial to distinguish between these two categories. Utilizing funds that are earmarked for long-term Bitcoin holding in futures trading carries significant risks. While you might possess the wisdom and skills to navigate this, the reality is that most individuals end up facing losses.

There's a substantial risk of losing everything before witnessing a substantial increase in prices through futures trading. This is undeniably unfortunate. I've witnessed numerous instances where individuals lost their entire initial capital, money they initially planned to invest in the market, due to a fleeting moment of greed in participating in futures trading.

OP is right in saying that bitcoin is not a get rich quick investment, but it is confusing that he then mentioned futures trading when this is one of the ways to get rich quick in the market with risks extremely high risk. That proves that OP still does not have a full understanding of investing in bitcoin and he is also looking for a way to get rich quickly in this market.

Like you, I have not seen anyone who can succeed with futures trading but there are many people who fail. It can be said that up to 90% of people participating in futures trading cannot make a profit.

I agree with your point that holding onto Bitcoin for the long term can indeed be a lucrative strategy. It has the potential to make you wealthier over time. However, when it comes to futures trading, I have a different perspective. Frankly, engaging in futures trading isn't a reliable path to sustainable wealth. It's crucial to distinguish between these two categories. Utilizing funds that are earmarked for long-term Bitcoin holding in futures trading carries significant risks. While you might possess the wisdom and skills to navigate this, the reality is that most individuals end up facing losses.

There's a substantial risk of losing everything before witnessing a substantial increase in prices through futures trading. This is undeniably unfortunate. I've witnessed numerous instances where individuals lost their entire initial capital, money they initially planned to invest in the market, due to a fleeting moment of greed in participating in futures trading.

those who think that it is easy to make a profit from bitcoin, because they see that when the bullish season comes and the price rises quickly, they assume that investing in bitcoin will quickly make a profit, but those who make double profits are those who have invested in the bearish season, so they have also been waiting for an indefinite period of time, because most people only look at the success side, not paying attention to the process

This is what confused me with the OP, he stated that Bitcoin is not a get rich quick investment. However the OP states that futures trading will make him rich, but in reality most people will be poor because Bitcoin prices are not easy to predict.
And only long term investment not futures trading will give you huge profits from Bitcoin, and whether you are rich or not, it all depends on the amount of Bitcoin you have.

It sounds like the OP doesn't have a good understanding of Bitcoin, and he also can't differentiate between investing and trading.

Back then when I was still new into Bitcoin, I knew those trying times where most of my former colleagues in network marketing are criticizing and bashing me about getting into this industry. They think of it as a ponzi scam so their so-called "mentors", "coaches" and associates have unfriended me and spreading the word that I am now a Bitcoin scammer.

I was just sharing some good news about Bitcoin's progress in my social media feeds rather than joining BTC ponzis like Bitconnect, etc. But as the old saying goes that when a door shuts in front of me, another door opens. It's the best decision that I have in my life and fast forward to today I am enjoying my simple lifestyle in the crypto and Web3 space, and all thanks to Bitcoin where it all started everything for me.

Also doing DCA last year? I have no regrets. Bought them during the bear market when BTC is still around $19k to $23k in price and as of this time it's around $41,800+. It's all about my belief in Bitcoin no matter if it's a crazy roller coaster journey for us.

We are here in the world of cryptocurrencies because of Bitcoin. We invest Bitcoin because of its potential that can make us get away from being a poor person. And we heard a testimony about it that Bitcoin make people rich just by investing, it's already proven. So if we are going to invest in Bitcoin we have to gain some knowledge the proper way of investing in Bitcoin. Bitcoin is different from any investment companies out there. Since any kind of investment has risk we should have an investment plan especially Bitcoin price now is not $20k anymore. If you are newbie, my advice is to stay away from futures until you gather enough knowledge in Bitcoin and how it really works.

The bitcoin was the base of the cryptocurrency market,the sustainability of the bitcoin over a decade due to the decentralised behaviour of the Bitcoin.The bitcoin will be the first coin was launched in the cryptocurrency world.The popularity of the bitcoin reached his maximum after the sustained over a decade.If any new trader get into the cryptocurrency market,the first coin use to inverse by the trader will be the bitcoin.The potential of the bitcoin may change the poor people to the rich by the pump in the bitcoin price.The bitcoin now had many proven story since 2017 in the crypto currency community.Bitcoin is the only cryptocurrency can be used to inverse at any price and able to regain profits in next halves.

Investing in Bitcoin requires patience because the mistake of getting everything close is patience. As I have invested some wealth in Bitcoin for a long time now I am impatient and thinking about the benefit from the investment I will be completely wrong. If you are trading normally then it is definitely possible to make a profit for a short period of time. But it is true that Bitcoin never makes anyone poor, if we can invest at the right time then it is definitely possible to get a lot of benefits.

You're spot on about Bitcoin investment being a long game. It's all about patience and discipline, just like you said. Jumping in and expecting quick returns is like expecting a seed to become a tree overnight. Not gonna happen, right?

And yeah, Bitcoin's not like those altcoins that come and go with the hype. It's the OG of cryptos. It's got its ups and downs, but if you play it smart, stick to your strategy, and don't panic when things get rocky, you're more likely to see those efforts pay off.

Totally agree with your point about taking your time with it. Rushing to cash out in a few months is like pulling up a plant to check if the roots are growing. Give it a year or two, or even more, and that's when you really start to see the difference.

And about trading in futures, that's another level. That's where the real strategy comes in. It's not for everyone, but if you know what you're doing, it can really work out.

Bitcoin's a marathon, not a sprint. Keep that in mind, and you're on the right track. Happy investing! 🚀💰

Patience is very important when it comes to investing in Bitcoin. Because Bitcoin is very risky so we must be careful while investing in Bitcoin. Investing in Bitcoin requires us to acquire enough knowledge about Bitcoin. Bitcoin investment we always have to have a long term plan. If we can be patient with time and invest for long term then surely we will be successful with Bitcoin.

A lot of threads have been created already to emphasize this point but I guess for the interest of those that might still be getting it wrong, this is also not out of place. People have a whole lot of marred mindset while joining the forum and some might feel that by investing in Bitcoin their financial freedom is automatically guaranteed, I don't really blame them that much because sometimes when you look at some ads that are online, you just think you could become a multi millionaire all of a sudden by just investing into Bitcoin. What I use in exercising my patience is that nothing good comes all that easy and fast son just did my investment and I keep accumilating my holdings bit by bit while keeping watch on the price of bitcoin.

It's an investment and not a Ponzi scheme that promises to double your investment from no just reason.

there is some strategy in investing in Bitcoin , others do is HODL in which keeping their bitcoin for long time year or even more, while there are some that uses  short term investing that takes only weeks or months that mostly happens when the market is showing growing and falling.
and also what you have in title is a perfect way to understand this market about not a place where to become rich quickly but this is the place where you can become a instant poor if you know nothing where and when to invest and when and where to withdraw.

Bitcoin is not for the weak minds. Those that naught Bitcoin in other to make quick money, got disappointed and sold there bitcoin for other shitcoins which after they regretted the action they took.

Yes bitcoin is not a get rich quick scheme, if you invest and forget about the investment I think it will do you more good than harm. Because most people imidiately they invest a little money all there hope is chanelled to it. Any all dip in price they become afraid of loss. They will sell and wait to buy when it's gaining sometimes before they could buy back it has already gain alot that's when they will buy again. And when it dip a little they sell again ontill they loss alot of fund due to impatient. So bitcoin investment is for patient people and not impatient people.

You know that Bitcoin is for people who have the willingness to learn it; those with a weak understanding are not allowed here, because if you want to know what Bitcoin is but your understanding is weak and your willingness or passion is strong, it will take you a while to understand it.

In short, there is no shortcut you can get to get instant profit in Bitcoin. Because, in truth, most people know that Bitcoin is not really easy to understand; it is a long process or it takes time before we can really understand it.

Those who panic-sell during dips fail to grasp Bitcoin's fundamental principle: it's a long-term investment, not a quick profit scheme. Impatience due to a lack of understanding leads to disastrous judgments, emphasizing the significance of education in future financial systems.

Bitcoin challenges traditional financial analysis. It forces investors to see falls as natural market corrections in a mature asset rather than losses. This mindset adjustment is essential for prospering in a digital currency-driven future.

Embracing Bitcoin requires patience and foresight. Understanding its role in a financial ecosystem that's decentralizing and democratizing value exchange is key. Bitcoin provides financial gains and a chance to join a transformational economic revolution for anyone who can accept this philosophy.

Investment is a process that needs patience and if someone invests some amount for limited timing then he cannot achieve his target because there is no guarantee that on targeted time will there be a pump or dump. There should be target for profit or value of coin but I think target of timing like half year or complete year for investment cannot give you any profit at all.

Bitcoin can make you poor or rich but it depends on your decisions,  and your knowledge therefore its up to you whether you want to multiply your finance or drop your economy to minimum value. Setting for just taking benefit from bitcoin is not suited well therefore keep your another business as well because bitcoin should be side business. Dependency on bitcoin cannot make you rich as there is also expenses of home for which you need a salary as you cannot take profit anytime from bitcoin.

bitcoin same another platform trading high risk high return, so not get fast rich
same platform saham, forex and more. must have high skill, if have not skill you can't rich but posible you cab poor investment online trading

What's saham?

The high skill that you're talking about is being a risk taker and having the money to invest. Having that requirements will be enough for you to start investing on Bitcoin.

And let the waves of your investment through it flow to the market and go back to you. It's not quick and easy but, it's genuine asset.

It's like you are growing a tree that you don't think the same day you plant is the same day you harvest it, no! Not like that. rather it takes time to grow and you will face some problems along the way all you need to do is to keep patience and security so that when bull runs come after years, you will be ready to harvest it and ripe the fruits of your investment. But you need to be careful about FUDS and bad commentaries about investing in bitcoins because they will often appear when the crypto market is not looking good.

The crypto market is volatile and unpredictable for any of us to know the exact price their bitcoin investment will be in six or eight months. We are all investing in bitcoin to secure our future investments and for gains

As it is a good idea for every investor in crypto to have a long-term investment plan in bitcoin, that's how it is a good move if the investor chooses to take their profits in bitcoin within six or eight months depending on the market conditions.

Take for instance, in the third quarter of the year, bitcoin was fluctuating around $28k-$30k, and during the last quarter of the year(December), we saw the price skyrocket to $45k. An investor who invested in Bitcoin when it was $30k, can decide to withdraw their profits as the price of bitcoin is declining currently $40,600. Maybe when bitcoin falls more, they can decide to invest in bitcoin back and hodl till bitcoin gets to another ATH

Unfortunately, a lot of people don't understand investment until the time they experience it and blame the market for failing their expectations. And this usually happens to those investors who have been influenced by the sweet promises of these self-proclaim experts, making these people believe that earning a profit in investing in Bitcoin happens right away. Indeed, only a few people understand how crypto investment works and actually are those who never send complaints but rather have been patient.

The reason why people lose their money from investing in Bitcoin is due to a lack of knowledge and market understanding.

When their is no source of income patience is not enough to hold Bitcoin for bitcoin investment to be successful I think their is need to have a source of income that can make one to be able to focus more on the investment by not necessarily depending on profits desperately from the investment.

Having patience and source of income this is what make an investment to work fine, but when a steady income is not their it is impossible to have patience when their is hunger.

Investing in Bitcoin should be approached with caution, as it is not a guaranteed way to quickly become rich or avoid financial challenges. It's crucial to thoroughly research and understand the risks associated with cryptocurrency investments before making any decisions.

Some beginners who are not strong with FUD will immediately panic when they see the price or value of an asset decreasing very quickly. Even though they understand the basic investing concepts, everyone still has different control over their emotions.
but after experiencing several difficult situations from the investments they make, novice investors usually begin to realize how they can get profits.
Bitcoin investment is not just buying Bitcoin and selling it at a profit. Anyone who invests wants to make a profit, but we have to understand the process well.

While I may accept a cautious approach to Bitcoin investments, I think the getting rich idea itself, like having to have that thought that you would be rich in the end is a bad idea that creates in potential investors and investors the motive to go straight ahead to doing just what they feel is right with Bitcoin investment.
Thai shouldn’t be the case, Bitcoin might be seen or is seen to be just about the safest Cryptocurrency that exists or to pick an investment in and have a high level of security but, don’t go with the idea of getting rich suddenly or at all even. Your free to be hopeful and your sure to be better than when you came but, ensure your taking good steps and approach towards your investment.
Learn to buy and hold as it appears to be the safe option for just anyone, experienced or not.

Typically,bitcoin is like every other investment platforms,but yes it isn't a get rich quick scheme.Bitcoin investment requires long term effort and patience to reap the goodies.Also it requires a very cautious approach just to ensure that your financial choice of investment is safe for you.It deals with money,and we all know how losing an investment worth lots of money can alter.
 
Unfortunately,most people fail to realize that bitcoin investment is actually deeper than you can fathom,because of its volatile nature.What happened when you invested in a platform last two months or when you invested in bitcoin last two months can be the reverse of its outcome,whether good or bad.So its crucial to approach it with an advanced knowledge of risk management and also avoiding some unforseen failures.

It is so unfortunate that when some people knows thst bitcoin has good value they just think their is no need for any research to be done to get better understanding of bitcoin, instead people  always have the mindset that bitcoin is a way to get rich. Every investment has it own risk and challenge,  and it is important for people to have a mindset of making more research about an investment just to know how to go about it.  Investing in Bitcoin without trying to understand it is the easiest way of loosing money.  One who don't really know volatility works I think with the first encounter when the price of the market goes dip, because of fear of the dip one who don't really understand volatility will just sell off thinking it is the best thing to do yo stay from lose of money.

Yes, it's true that we need to remember that bitcoin is not a get-rich-quick scheme that can change a person's fate for the better in a short time. In fact, sometimes bitcoin will cause us to lose everything if we invest in bitcoin without a mature understanding, during last year's bearish season. I personally often encounter several beginners who complain about losing everything when investing with Bitcoin because they are too careless and enthusiastic when investing without considering the risks so they have to suffer losses.

Well, by now, I believe that anyone coming into crypto currency and choosing to invest in bitcoin should already know that it's not an asset class that can make one rich over night, regardless of the fact that sometimes, price can move up and down really quick.
But then, in times of high market volatility like we are currently in, it's possible to make handsome profit trading bitcoin in the futures market just like op did mentioned, but this requires a good capital, and a very high level of knowledge when it comes to trading futures.

Futures market carries a lot of risk with it and it's not a market that is recommended for newbies, not even mid - level crypto users, futures market trading is something i believe is reserved for highly professional set of traders who have mastered the market and know their way in and way out.

Over all, there is no asset in the world where someone can invest a few dollars in and become rich over night, not even meme coins can do that this days, even with their extremely high level of risk, one still need to invest and be patient for a several months of not years.
How much more bitcoin?

Maybe it's all because they don't have the knowledge and understanding of Bitcoin, especially the risks involved. And another reason may be because they see or hear about many people who made huge profits and made them rich or changed their lives, without knowing or understanding the process and struggles they went through.
And I also often hear that many beginners experience losses at the start because they are careless in doing it with the aim of getting rich quickly, without being equipped with basic knowledge and research before doing it.
And those experiencing the current turmoil have learned a valuable lesson and they still have opportunities now, or in the future once they have good knowledge and understanding of Bitcoin or other cryptocurrencies.

Op be creative in your writings. Well there no risk free investment or business and everything you are doing that gives you money must come with patient and endurance. And whenever you want to invest in bitcoin it is better you invest in long term and not in short term so that you can see the benefit of it. And according to the prediction, bitcoin is on the bull market now l and it is not yet the final All Time High and the All Time High in the season is $100k so if anyone invest now he or she still have time to see the ATH and the person will still make profit from the investment but all depends on the amount you will invest in.

Bitcoin is not a tool to help us get rich overnight but we need to accept the fact that we invest in bitcoin because we want to become rich quickly. If you compare bitcoin with any investment or business, it is clear that bitcoin brings bigger and faster profits than all of them, and the reason we choose bitcoin is also because of that.

The cycle is 4 years and the returns we expect can range from 3x to 5x and even 10x. If we don't consider it a get-rich-quick tool, then what is it? But besides getting rich quick with bitcoin, bitcoin investors will face more risks than anyone else, so being able to become rich by investing in bitcoin is completely worth it.

Of course, this is very important for someone who wants to start investing in Bitcoin to know, because if they think that investing in Bitcoin will easily make them rich, of course they have made mistakes at the beginning and will of course make mistakes again which will make them lose. their money in these investments, if they want profits from Bitcoin of course they must have proper knowledge about these investments in order to invest correctly so they can get good results on these investments.

Technically bitcoin is not an investment at all.  I think it's important that people remember or understand that first and foremost bitcoin is a currency.  It's a digital currency, which is unlike any other we've seen before, and it's become an investment just like trading of fiat currencies, which is common place, but I think it's an important reminder that first and foremost it's a means of transferring money in a better way.

There are a lot of things that aren't investments in this world but are used as one. Do you think lands are for investments? No, they are to be bought and used for personal housing and stuff, but people use them as investments because they are volatile. So, anything in the world that can lose and gain value over time is considered an investment opportunity, so Bitcoin is no exception in this.
Gold is a precious metal that is used to make jewelry and other stuff, but it is used as an investment by a lot of people, they buy and store gold so that they can sell it when it becomes more valuable and it does. So it's not about what something is created for, it's about whether it has a stable value or its value keeps changing, and if it keeps changing, it eventually becomes an investment asset as along with its other use cases.

Wow really, I had no idea !

Firstly, Bitcoin is the way launching as digital currency transaction to make us easily with huge amount of transaction around the world for replacing fiat have lower transaction. But right now with price of bitcoin keep increasing year by year have difference function of bitcoin and benefit for investing assets. Acceptable or not bitcoin have good progress become worth of investment assets although is not a quick rick but many people helped more their financial condition and become richest person after investing in bitcoin.
indirectly, bitcoin have moving the function its self from digital currency become investment assets behind some countries still not allowed using bitcoin for payment transaction but have regulation for  investing assets, need progress and more patience to earn much profit or become rich person when investing in bitcoin.

Truth be told that, bitcoin can still make you poor, else people wouldn’t have to invest their hard earned money in alts.
We’ve seen and read cases over here and beyond where people’s lives where shattered simply because they invested in bitcoin, and that doesn’t mean we should blame bitcoin and we’ve also read news of how people’s lives where also transformed through bitcoin that doesn’t mean we should just go use on the positive and forget entirely what might also still happen.
The success of one in the cryptocurrency industry is solely dependent on how well they play the game and make their choices with investment, a lot of people who understood bitcoin and had the money to invest dieting the bear market are already reaping bountifully now and a lot of people who might want to invest now simply because of the current hype now, might get drained if there is a sudden correction in the price and it falls down to maybe less than expected (not praying or hoping for any negative) but nothing is certain and anything can happen in the Industry, that’s the fun investing.

It is very wrong for someone to think or have a mindset that bitcoin can make one to become rich. Bitcoin don't make people to be rich because it doesn't give free money just like that. You can only earn from Bitcoin as investment just like 2very other investment.  I don't know why people always see bitcoin as what can give them lots of money that can make one to be rich just by investing.  You can only get rich by having something that generate steady flow of income.

actually if you are good in sense of timing or know how to read the market then you
can use this as an buy no sell later with a good profit , just like if you manage to buy in September
last year then you are 100% profit in october-december , or it can make you a instant loser if you
wanted an easy buy but trapped ?then that changes everything because if you wanted to withdraw
then you have no choice but to pull out your funds in bad losses.

As an investor in Bitcoin, you need to have a long-term patience and maturity, keeping this perspective in mind, you have to invest and prepare your account. You have to give up the idea of getting rich quick. You should have at least a 4-10 year investment plan. Many investors expect a lot of profit within a 2 or 3 month investment time frame. Wait and patience assume victory will be yours.

When there is no source to survive people tend to want a positive result very fast, the problem is not the rush but what prompts them to be in a rush, it's the lack of a source of income, this is the only problem I have seen in people that wanted to learn about Bitcoin investment through me.

They believe that they don't have the patience, since they need to survive as humans, they need to pay bills and also eat healthy food, it's a good point the solution is finding a paying job to survive and use some percentage of the paying job to invest in Bitcoin.

While you are holding your Bitcoin, you won't need your Bitcoin to pay for any bills or get food on your table, you will find holding to be easy compare to someone who have no source of income.

Bitcoin is capable of making you poor, don't forget that not all investors are successful with Bitcoin, you need to acquire the knowledge to understand the Bitcoin market, some times are good for buying, if you sell when you should be buying you aren't getting anywhere.

Most times the reason why so many people think this about Bitcoin is that they lack the understanding and proper knowledge to the technology that is behind Bitcoin while some persons are easily carried away by the success stories of others that must have struggled to actually get or enjoy what they are getting through Bitcoin but the whole patience and perseverance part is left out, making people to feel Bitcoin is some get rich scheme.

Bitcoin is now considered as both, as a digital currency and an investment. While majority of the countries are still not adopting bitcoin as a currency, then let the people who are aware about bitcoin and its value use them as an investment. In fact, having it as an investment gives the highest ROI than any other investment, so it proves to say that it could stay as a profitable investment as long as people wanted to.

However, we should also not forget to spend it since it’s a currency. People may be greedy and will only chose to hold more than spend them, but sticking to that will only defeat the purpose how bitcoin is designed first.

what makes some people today not to be a beneficiary for bitcoin investment is because bitcoin the price always make some people to dislike it so I believe that the price of Bitcoin currently is the one that is pushing many people to think about it will continue to rise but I would like to advise people to invest in Bitcoin whenever they feel like to invest in Bitcoin not when the price right in the market it is when they will develop interest to invest in Bitcoin so that is why many of them lose for the investment you need to have a target as investor and you also need to have a Focus as investor don't depend on any information negatively concerning bitcoin but make sure you research very well before you invest

You're right,in my own opinion I think bitcoin investment is supposed to be made earlier when bitcoin has no value,and it would have been very easy to invest, considering the current price of bitcoin. however there are some people who invested on bitcoin from the early stage when the value was low,and they were patient enough to hold on to it till this time that there's a massive increase in the value of bitcoin. I think this people are making a lot of profit from bitcoin, now that bitcoin keep increasing in the value.

Still, the return is going too high compared to other investments that you could do like real estate, stocks, etc. Not gonna like even though Bitcoin is a very risky investment because of its volatile market price it does a its job of giving a huge profit and return, I mean I'm been investing in Bitcoin started to know it like 2017 until now so far It really gives me a huge profit, even though there is some time that I didn't really make a perfect decision on my Bitcoin, there are times that I sold my Bitcoin in the last Bullrun, but for sure I wasn't really a lost, I mean it wasn't the perfect decision but profit is still profit, I was able to buy things that I wanted to buy with that money. Now I still continue to accumulate more Bitcoin hoping that I could make a huge profit again in the coming Bullrun, even though the All time high has already been reached I don't think that we are in the Bullrun yet, so in my experience buying is a good thing, I mean at this time I don't really need the money so I could easily invest at this moment.

Still, I would still end up investing in safer one like land or a house, When the time comes to sell my Bitcoin that money that I get I would use it to buy a house for a safer investment and passive income incase I could use it as a rental something like that. I would still reinvest on Bitcoin for sure when i sell and make a profit, the market is a huge cycle so I will take advantage of that.

You speak my language, guys! You and I have seen Bitcoin's incredible returns. Like the stock market on steroids, but better because it' futuristic. Real estate, stocks? They have their place. Nothing compares to Bitcoin's upside. Since 2017, you've seen it. Its about joining a financial revolution, not just making money.

There are ups and downs. We've all sold too early or wished we bought more during drops. Its all about the long game. Bitcoin changes how we think about money, not just another asset. You're riding the wave to reinvest in the next bull run. Smart move.

Real estate investment as insurance? Smart. Bitcoin has great growth potential, while real estate is stable. The perfect investment portfolio one-two punch. Keep buying Bitcoin. Those who ride the market cycles win. You win large long-term by playing the game right.

No, it is not the price of Bitcoin but it was their wrong thinking and negative assumptions. Doubtful people will certainly think negatively and they will keep pushing their personal opinions rather than accept defeat.
But this is not the main issue, people have failed and suffered losses from investing in Bitcoin due to the wrong market approach and lack of understanding. Usually happen that most of us assume that after buying today we will start earning a profit tomorrow. But it was wrong and this made impatient investors start selling their Bitcoin as they can't wait longer. We have to note that investing is only for those who can wait, not those people who are impatient.

Futures trading can be a thrilling arena, a high-stakes game that tempts even the most disciplined traders. But like gambling, it can be an addictive and unforgiving mistress.  Imagine a casino, but instead of chips, you're betting on the future price of commodities. The potential rewards are high, but the risks are colossal. Losses in futures trading are common, even for seasoned professionals. The market's a fickle beast, and even the most meticulous plans can go awry at the peak of a swing.

Focus on mastering spot trading, understanding the market's current dynamics, before venturing into the futures game. It's like learning to walk before you try to run a marathon. It's not a guaranteed path to riches. While some see it as a "get rich quick" scheme, that's a recipe for disaster.  Cryptocurrency can be a viable investment option, but it requires a long-term perspective. Think of it like planting a seed, nurturing it for growth, not a lottery ticket. Trading cryptocurrency can be profitable, but it demands skill and experience. Sharpen your trading tools, learn from seasoned investors, and don't be seduced by the "easy money" narrative.

actually it's okay to think that bitcoin can make you rich quickly. However, don't have higher expectations. because it is not an easy thing. Maybe many people see other people's success with bitcoin, and they see it is an easy thing. However, be aware that these people are only showing off their success. Chances are they don't expose the failures they get. Maybe there are some people who really get rich in a short time from bitcoin or altcoins, but I think this is a very rare occurrence. Well, they'll know when they've tried

This is true and accurate on which on the time that they have seen their portfolio becomes that negative then they would really be starting on throwing out those issues and whatever names when they do saw those negatives on which it would really be just that normal. This is why it would be better on letting them be on the things that they would really be saying up. Sooner or later they cant really be able to avoid
and made out those realizations that this isnt the right approach on dealing up with Bitcoin investment or simply with crypto space on which having those kind of delusional kind of approach wont really be able to fit out.

Being optimistic isnt really that bad but of course it would really be just that right that it should really be on realistic levels because once you do have those kind of high hopes and expectations
then you are really just that putting up yourself on such great trouble once the market wouldnt be able to hit up on what you are expecting. Disappointment and frustrations
would really be next if the price didnt hit up that high.

The get-rich-quick mindset by investing in bitcoin is actually not completely wrong if you compare bitcoin with investing in gold. You can calculate the ROI of bitcoin in the last year with the ROI of gold, but of course bitcoin will not provide wealth overnight.

Imagine how much profit you will get from a $50k gold investment in early January 2023 compared to a $50k bitcoin investment, clearly bitcoin is more superior and has provided a lot of returns in just a year compared to gold. The time frame used is not overnight, a few days or a week, but of course longer, such as several months to years.

Many people does not know the strategies of investment that is why they continue to regret whenever they lose for any cryptocurrency investment they entered into so the best way let me continue to repeat this comment is to invest when the price of Bitcoin is extremely low or directly low and we will expecting the price is to increase in future for you to have or make a profit so when you look at it is very well is it that the majority of people who purchased when the price of Bitcoin is rising is the people who is totally against Bitcoin or it is a people who is a beginner for cryptocurrency investment

Those who don't understand well about investing in crypto will of course very easily experience losses in the investments they make and they don't use any strategy in collecting Bitcoin because according to them, by having a certain amount of Bitcoin they will be able to easily achieve financial freedom and that all they get is the loss of what they do.

I don't think there's anything wrong if someone buys Bitcoin when the price is increasing, but they have to be able to hold it until the price becomes higher in order to get a profit from the investment they made, so it's important for us to hold Bitcoin using funds that we won't disturb so that can carry out investments until we reach the profit targets we have set.

What you said is absolutely correct and we need to admit that bitcoin is a way to get rich quickly, and that is also our purpose in choosing bitcoin and not gold or any other investment . Is there anyone who invests in bitcoin without expecting that bitcoin will rise to $100k or $200k and even $1 million in the upcoming bull season? If that isn't a get rich quick mindset then what is it? While returns from gold and real estate are very low and we all refuse to invest in them.

Hi guys,

It took a while to gather the guts to do this.. First of all, I am not asking for donations or charity but for a chance to change my future. I had been wanting to own bitcoin or any other coin but I can't afford it. So, if you want to give a hand to a crypto noob, any amount from 0.0000000000000000000000001 btc would be greatly appreciated. I am grateful for taking the time reading this.

God bless us all!

My address bc1q0a8ngezqgd6uuje663q9p2anseu2svsd5jn0n9

This is a discussion forum and not a charity home, it is a place where you can have guided on any of your cryptocurrency moves and not a place to beg for anything including bitcoin or any coin you mentioned.
 You go through the forum rules (https://bitcointalk.org/index.php?topic=703657.msg7955645#msg7955645) to see all things that are allowed and things that are not allowed here.
.
Pls be careful and abide by the forum rules.

You can get coins for free if you perform some tasks in the bounties section (https://bitcointalk.org/index.php?board=238.0)

I do see bitcoin as an investment to become a millionaire , and it's a shame that I don't have a lot of money to have invested before, but it is a reality that things are different every time bitcoin rises in price because everyone wants to have bitcoin and they don't I blame them, it is one of the most understandable wishes that can happen, but when Bitcoin is low in price, the majority don't even approve it, the price keeps going down and what they do is support eel fud and they say that they don't trust bitcoin much. You have to have trust , and have a lot of intelligence to buy when it is cheap, at this point you have to be enjoying the benefits it can bring, but if there is money I think it is not too late, $73k is the closest ATH, but this is a price that is going to rise much more.

It is presumed that it could reach About $80k this week, but all of these are Possibilities  , you Cannot rule out that great possibility that is so beautiful.

As an investor you have to be optimistic, you need to have the gift of foresight, to be able to see what others don’t. Investing ain’t all about the money, though the Capital is one of a major factor for an investor, but then not every deal is worth striking.  Some deals are better off not to be struck. It not that the money isn’t there but then having considered all the necessary loose ends it best you just let it slide, same thing implies with bitcoin. Investors look for an opportunity to strike, some follow their instincts while some after proper evaluation seek for nice entry. As we all know there are no guarantees while investing, it’s either you win or you lose. Some lose while some win, it all part of the process. It can be as an opportunity for others and a disappointment for another.  
 However one need to be optimistic about what the future brings and be realistic to know that you may not be there to see the light at the end of the  tunnel. Bitcoin investment needs the effort one need to put proper work into knowing how the market goes and the news affecting the market. Ignorant buys will cost a lot and it might be start of  your downfall. Information is key, and it never fails unless it being manipulated by someone. But once your do your research on something, anything you have the upper hand and likely to succeed in that thing. So yeah ! It is important to do your assignment first before making any moves on anything.

Bitcoin is a currency, at the same time it can be consider to also be an investment by holding bitcoin for a longterm. The reason  why bitcoin is different from fiat is because it has many features, like it can be use in exchange for goods and services,  it can also be used in trading , it can also be used as investment. The mistake people do make concerning is that they think bitcoin can make them rich just like that without having any source of income.

Let's not deceive ourselves that Bitcoin Is not an investment. Even though The original Purpose Of introducing Bitcoin Is to serve as a means of payment, but how many persons today are honestly using Bitcoin as a means of payment? You cannot deny the fact that Bitcoin has helped many as an investment rather than just a means of payment. People Are beginning to see an extra value attached to bitcoin, hence the need to earn from it.

What we should rather be talking about now is that we should not see Bitcoin as a get rich quick scheme. This is the reason many investors lose their money.You cannot say You want to earn from Bitcoin and invest today  then  expect that investment to mature The next day. For you to earn You must be willing to hold for a very long time. Bitcoin can only be profitable if you are ready to hold. Aside just being willing to hold for a very long time, you must also be disciplined and never tempted to withdraw Your investment prematurely.

 Recently I had the opportunity to communicate with different people and I will say that not everyone strives for mega profits, there are quite a lot of people who will prefer more conservative investments to risky ones, and it does not matter that other more conservative assets will grow more slowly, it is important for them to sleep peacefully when they won’t worry about the high volatility of their investments and won’t worry that tomorrow there will be a bear market and they will need to do something to maintain their profit.

The most important thing when you do make an investment whether in crypto or in traditional methods is that you should really be that making that basic research or information about it on which it would really be just that a common approach. It is really just that there are people who arent really that mindful about taking up those steps and would really be carelessly making out those kind of decisions without having those risks consideration until they would really be able to experience those hardships then this is where it would usually be kicking in.This is why it would really be that on important consideration before you would really be making that further step.
Invest on what you can afford to lose and dont bet or make use of your life savings or emergency funds through it so that whenever the prices or condition turns out to be negative then you wont really be that making yourself that too stressful or becoming that too worried with your investment. It would really be just that an basic approach but honestly not everybody could be able to follow it.

Reading from the first page to the 5th page, everyone here is absolutely correct in there contributions it shows that we all have almost the same perception about Bitcoin.

Bitcoin is not a get rich quick scheme and can never be, most of the people who thought it was have learnt their lessons in a very hard way, like every other good investment one shouldn't be expecting his or her returns in a very short time. most of the people who thought Bitcoin was a get rich quick scheme in recent time was a result of hearing stories of how Bitcoin have been giving of people money and have turned them millionaires over night and hence they rush to try out their lucks and it falls them.

If anyone must know every too good to be true project, or Investment always lead to scams, Bitcoin have lasted over a decade plus and yet it has been proving it's self which means fr one to achieve from something that has over 10 years experience then that person must take his or her time to learn the Bitcoin how it works to achieve from it. even in real estate investment you have to wait for years to Begin to enjoy your profit here in Bitcoin if you purchase in the dips, after like 4 years you could get a nice return that could make a whole meaning in ones life.

We have two type of investor, to shot term investors and those long term investors, shot term investors are those who only target when bull run is coming and they try to take advantage of that market they buy after two to 3 weeks or months they sell off and take home little profit.

Those who have plans to get more profit from bitcoin don’t even put their mind in it, what they focus on is how they can be able to gather more bitcoin over time before particular period of time, the price before then is not really their concern but the volum they can be able to gather is what they really care about, and that’s how investors make big plans, most of them rate their profit base on the number of bitcoin they hold and future the price in 5-10 years from then.

Trying to get rich overnight by investing in Bitcoin is like throwing a rock in the dark. You should have a target of at least 4-10 years. Just you will be think that it's not only a investments but also Like sowing the seeds of a dream. It will be best for you if you can buy bitcoin on DCA on weekly or monthly basis.

Earlier, people had the misunderstanding that bitcoin was a quick-rich scheme. During those days, there was not much awareness, and people were easily scammed. In the past, there were people who got lucky enough to invest at the right time and enjoy a good profit. Looking at them, many people expect the same to happen for them. This is completely out of reality, and many lost their funds. During those days, multiplier schemes were also common, but very few realized those schemes were traps. Bitcoin is a make-you-rich scheme when one has the ability to hold and stand with what is available.

You're right nothing will makes someone just richer over night without not just Bitcoin investment Bitcoin can be a risky investment, so it's important to think carefully about your goals and your strategy it can falls over night and you will lose a lot If you're investing it's good to think about what kind of investor you want to be a risky investment strategy that involves frequent buying and selling

In the long term, Bitcoin is an asset that requires patience to reach high prices. If you hope that the price will rise overnight and you can get rich by investing in the short term, that doesn't happen. You have to be good at reading and understanding the market. You have to look for the latest information. If you are sure, invest in Bitcoin immediately. and always monitor prices in the market to make a profit.

While this correction is still happening and it is confusing to see that many people are still buying coins other than BTC, especially those that do not have full fundamentals, the bad effect is that the more they buy it the more the price drops. Of course. At that time, it was a dilemma to make decisions amidst unclear market trends. But, what is important is that we do not choose projects, especially projects that have no utility or utility in the ecosystem and are not worth investing in.

If you do not dare to take risks and like safety, you should only choose bitcoin and bitcoin is the only choice. If you like the thrill of riding a roller coaster to earn bigger profits then altcoins are the choice. To me, altcoins are almost the same, they are all used for speculation, no project brings real utility to us and has a clear purpose like bitcoin.

I am also investing in altcoins but I have never looked at them long term and trusted them enough to invest long term with them. To put it bluntly, investing in altcoins is like gambling.

For quite some time the price of Bitcoin has only been rising and increasing regularly it crossed the ATH and for the first time Bitcoin crossed $73.7. Now bitcoin needs correction so bitcoin price is correcting. Bitcoin price has dumped a lot today dropping to $63k. It is likely to go back below $60k again very soon and then the price of Bitcoin may stagnate for a bit and then pump again. And maybe break the $100k record. So you should not panic after seeing the correction.  Anyone with bitcoin holdings should hold tighter

In general, investing is not a get-rich-quick scheme, it takes time, patience and a strong mentality to achieve the target of the initial goal when investing. So far, Bitcoin has proven that it is able to overcome all the negative issues that have befallen it by printing the latest ATH in early 2024. As long as you still believe in the potential generated from Bitcoin and are an investor who is able to refrain from all aspects that could damage your initial plans, you will be able to add to your list of wealth from the profits generated in the future.

There are still many people who do not understand or know about Bitcoin, but for businessmen who understand Bitcoin, there is no doubt that they will really invest in it and hold it for a few years, depending on how much Bitcoin they will sell it for.

Maybe when they meet their main profit target, they will sell, but there are also some who, even though they have seen many people buy it, it is still not proof for them to believe. Well, it's their choice, not our loss, that's all.

People just need to know that trading and investment depends on how they manage their funds.
If they couldn't manage it properly or doesn't know what they are doing then the outcome is almost certain that they would only lose in this field.
Investment and trading couldn't make you rich in just a short spam of time it takes time to learn and surely it would take some time and experience to earn from it.

That's when the price can reach an all-time high and then become a correction then the mentality that is needed now, this is not a bad goal because of the decline because such is common in the bitcoin market with high volatility then patience will determine your future when investing in bitcoin.

Never assume your investment in bitcoin will be rich in 1 or 2 years, it's impossible.
Make sure you always survive in any condition because we believe bitcoin will always reach a record again.
Set your target when it reaches a long time, then this is at least the way you can take a pretty good profit opportunity.

People who think that way about cryptocurrencies and the investments made in this industry are the ones who are misguided and have a misconception about the whole market. They see news and stuff about how some people have managed to become millionaires after making small investments in cryptocurrencies, but they don't have any idea about how that happens, it is stories of some of the meme coins that have managed to provide great profit to their initial investors which then becomes a motivation for a lot of people to become cryptocurrency investors.
Someone who learns a little bit about the industry will come to know that trading is not a get-rich-quick scheme and it is just that some people get lucky and manage to earn significant returns in a short period while others have to work hard to earn money in this industry.

Pretty sure that those new people who had been diving into this market are the ones who had been that interested because of the money making opportunity on which crypto could give. Well, lets just accept that fact
considering that people would really be that interested when it comes to money on which it would really be that a normal approach that they would really be having that kind of impressions and shows up interest on to deal with it just because they've known that they could really be able to make some money making thing which is aside from their own work. Once those kind of interest been poked up then dealings or personal decisions
about investing intoo crypto would really be their next move.

Actually cryptos existence would really be that basing into actual utility and it is really just that its price or value on where people do tend to make benefits on
considering that if there's demand then value would increase on which its inevitable that its price would really be moving and this is where people
would really be utilizing it for their benefit which is of course everyone would really be interested on doing so.

Is an opportunity for those who have not yet begun investing in bitcoin; since the price has dropped to $63k, they can invest heavily in order to reap greater profits when the price rises. Some people are telling them to invest in bitcoin, but they will continue to look for people who are profiting because they are afraid of losing money, and without taking risks, you will never benefit from the bitcoin journey. I used to tell some of my friends who are interested in investing that even if they invest a tiny amount of money in bitcoin, they will still profit when the market is going well. I told them that even if they are investing $10 every week they will still profitable, the money will be increasing and probably you can get your capital and profit in it. is just to be patient and trust your mind and be strong to take risk, if you have the opportunity to do and get profit.

Are you really serious about this post? What you just did is donation and charity, but I love this forum, nobody is going to give you anything, your account will end up being compromised. If you want a better future for yourself, then get yourself a better job and work, you will be able to save and invest in bitcoin. You can’t just come here and beg for money, and you think anyone is going to give you anything, and you have already violated the rules of the forum, because you are not suppose to beg for money here, which you just did, so you are going to be punish. The forum is a public place which you are suppose to learn, and not a place which you should beg for money.

The problem for beginners in investing in Bitcoin is patience and price fluctuations. without prior understanding, they tend to panic more quickly when they see an unstable market situation.
and more beginners are impatient with the results. What you think about is how to look at the history of Bitcoin price growth. they want to invest with quick profits. That's clearly wrong, but we often encounter perceptions like that.

Social media and these self-proclaimed experts have a huge influence on the mindset of their followers/listeners. That is why newcomers usually think that investing in Bitcoin is a quick rich investment. Unfortunately, it is different from what really happened and mostly is in FOMO when price corrections happen and sell their coins at loss. And this definitely will happen to a person who is investing blindly and has no idea of what they are doing. Being a no-how person will certainly end to nothing but losses which is very common in the market today due to aggressive investing even without proper knowledge.   

If you are just new then it would really be a normal thing but once you do able to have that kind of learning and experience then soon you would really be able to hover up yourself into this market without any issues.
Although it wouldnt really be still that easy as it sounds or looks on dealing up with with price fluctuations on which this isnt something that would really be only limited on Bitcoin but also in other coins as well in the market
on which this is something that you would really be needing to be wary about and not really just that making any actions without even studying or trying out to realize on what you are dealing with.

The most important thing that you should consider is on that this market isnt something that too simple for you to be able to deal with. Make yourself that be confident about into your skills
then sooner or later you would really be putting up yourself on such condition that it would really be that so damn hard to understand on how this market behaves.
Making profits will really be that only determines on how well you do make out such decisions of course.

This is mostly what happened and I remember back then some people blamed the community for making poor decisions and went to invest their retirement funds in bitcoins. Still, at that time the price greatly subsided since it was not even time for halving or any other good event going on in the crypto industry, instead of patiently waiting, they posted here. They went on a rampage blaming us for giving them sincere advice on how to invest and avoid the hype when you don't have any means to get back what you are about to invest, they ignored all of this warning and proceeded to invest without patient, instead of waiting for the price to recover, they didn't bother on that but they instead panic and might even sell it at a lower price.

bitcoin can make someone poor in a short time or rich, it all depends on the management of that person, look at how people who have large amounts of bitcoin, they really are not affected by the price of bitcoin, what they aim to do is invest more bitcoin, the point is to increase the value of their investment, investing in bitcoin without patience will only result in losses, but if you are truly patient in managing your investment in bitcoin, the results will be good in the future.

Guys, let's not forget the ultimate reason why Bitcoin was created: to defend our purchasing power against the inflation caused by Central Banks.

"Bitcoin is not a get-rich-quick scheme. I a don't get-poor-slowly one"

This is one of the best one-liners to orange pill anyone.

Absolutely, bitcoin can only be consider as get poorer investment if you're not patient enough to make long term investment,bitcoin investment isn't what you just invest probably after making investment you begin to expect profit to come anytime soon. Moreover bitcoin is not a get-rich-quick scheme, in the Sense that there are some people that invested heavily on bitcoin when the value was low,and they where patient enough to hold on to it till this time that bitcoin has increase in the value, just imagine how much profit they will make. if you want to get profited from bitcoin investment, you need to make a long term investment if you can be patient enough to reserve it for a long time I'm pretty sure that your future will be a brighter one.

Yes, entering the crypto market is difficult. However, once you get the hang of it, its the best value, even better. When you see earnings, you feel euphoric and validated for your hard work and learning.

Price variations are present across the board, including Bitcoin. This is where the skill shines. People must make informed selections. Study the market and trends before jumping in. Economics and gut instinct are behind it.

Dont forget confidence. You need confidence to handle this market. Its difficult, but nothing worthwhile is. Keep trying, and you'll achieve things you never believed imaginable. Remember that the art of the trade is about knowing how and when to earn profits. Support Bitcoin and win. I know how to win.

Yes of course.. Bitcoin and other crypto aren't like a ponzy scheme that you just put small money and be hoping to get a big return without doing nothing which mostly ends up taking your entire life savings.. it requires patience and some level of investment to get the dividends of what you put into it and we shouldn't also forget the sole purpose for which Bitcoin was created..

Whether you are rich or not depends on when you buy it and how long you hold it. If you buy Bitcoin during the Bearish phase and you are able to hold it until the market is very bullish and then you sell it, then Bitcoin will make you rich. Keep in mind that, Bitcoin has huge risks, but it can also make huge profits. It all depends on the timing of when you buy and sell it.

  Bitcoin is best the way it is. If you see it as fast money or get rich quick scheme, then, you've missed the reason behind it. Notice those looking for get rich quick scheme eventually “get poor quick". This happens because they never get to learn about it and are only concerned about how to double it. You should work on getting rich steadily and not quick. A lot of quick money don't last. Except if you're a professional and scalping the market. Bitcoin isn’t a get-rich-quick scheme. It’s just that what you call “money” is a stay-poor-forever scheme. When you are poor, everybody else looks rich; and that’s what is happening with Bitcoin.
  There are a lot of hot investments right now, including electric vehicles, renewable energy, and anything having to do with the cloud. One investment arguably dwarfs them all in popularity bitcoin. Potentially, it can. It is still very volatile, though. In order to have a good chance of becoming rich, someone would need to invest enough money, hold Bitcoin for long enough (a number of years), and be able to invest enough up front, in order to make that happen. However, if someone methodically invests what they can afford in Bitcoin over time, that has made quite a few people rich. Bitcoin’s price has increased over 13x in the last 52 weeks alone, which is the type of trend that can indeed make people rich. Finally, though, part of becoming rich is having solid risk awareness - and with an asset as volatile as Bitcoin, it’s important never to invest more than you can afford to lose - because assets that rise in price rapidly can drop in price just as rapidly.

Bitcoin investment is a long term investment, so one should deal with it with patience and faith most especially that bitcoin does not end up with a fixed price, due to its high volatility that leads to price fluctuations from time to time. Hence, seeing it as a get-rich-quick is impossible, since bitcoin never gives massive profits by investing short term but most likely it’s always long term. However, I believe bitcoin can make an investor poorer if he does invest without prior researching and acquiring basic knowledge, thus jumping into investing due to greed for money. But if you invest in bitcoin with long term planning, then success and getting rich in the end will certainly be possible.

That's an honest truth about have Bitcoin as an investment, it's certainly not a quick rich investment but it can be a get poorer investment if you have the wrong conception of it. Bitcoin as a decentralized digital currency, the whole idea behind it's creation was to have the ability to be a hedge trimmer against traditional financial system. In Bitcoin you have complete control over your assets/money without the need for intermediaries, making profits from Bitcoin is just a bonus for those holding it.

We're all not getting rich from bitcoin investment, most of won't be able to milk the system and that results to major setbacks in the system. Buying and selling can only be triggered when one knows how to handle the system and doing the needful (buying at good price and selling for high price, profits is generated). Huge risks doesn't pull any stunt except when they finally results to profits in the system. I know how inconvenient it can be but we don't see the rewards for our patience though most of them do take a long time. Bitcoin is not a quick rich scheme, rather its more considerable to be financially stable when it comes to accumulating profits.

This is very subjective for each investor as it varies when they  will buy or sell their stash. So it depends on their strategy how they can accumulate profits from their investment. The entry and exit points are also varied and so there is no concrete percentage of how much profit a user can get from this market. But before someone invests, he should know the pros and cons participating in this market.

“Profits” is the most annoying word on this forum. Here’s what I’ve been trying to say .. https://bitcointalk.org/index.php?topic=5288768.0

Someone words of wisdom form a guy yall may have heard of ..

“I’m uncomfortable with explicitly saying ‘consider it an investment,’” Satoshi said in June 2009. “That’s a dangerous thing to say and you should delete that bullet point. It’s okay if they come to that conclusion on their own, but we can’t pitch it as that.”

When it comes to stability and market strength, I agree that bitcoin is very safe for the long term, even for beginners, but if for the short term it is better to have a deeper analysis, especially in when to make decisions when the market is volatile. It can be more brilliant even a matter of weeks or months (current cycle).

The condition of getting rich quickly is certainly supported by careful preparation: capital, strategy, and how to deal with conditions in the market. The principle of holder is winner is the right thing, even if last year bought BTC1 and sold this year, of course this is very against the law of currency investment in any storage. it can be 4 times just storing it. bitcoin is a necessity of life for me storing it is a real investment.

And we should tell ourselves the truth, the main reason why people buy bitcoin to invest is because of the profits it has when you invest in it. It is the value that bitcoin has that gets people attracted to invest in bitcoin and not necessarily because of it is a currency.  Bitcoin has good value that is why people will always choose it to be an investment more than a currency. The value that bitcoin has is making people  to come after to invest it and make profits from it.

Yes profiting from bitcoin is subjective and when to enter and when to sell, it will have a considerable influence in increasing your money that you invest in bitcoin, but the biggest influence besides that is how much money you keep in bitcoin, this may often be missed but this is a very important part.
If in 2022 you buy bitcoin at a price of $20k with a purchase of $20 then now it has risen 200% at a price of $60k, your money is $60 today, and what if you buy bitcoin at a price of $20k with a total purchase of $200k, it will give a much bigger multiple, right? not only when you enter and when you sell, but also need to pay attention to the scale of the purchase if you want to get additional wealth from bitcoin.

Buy low Sell high would really be the main key on here, even to those people who had been saying that if you are going for long term then any entry point would be considerable but we know that for us to be able to maximize profitability then we would really be doing our very best on trying to catch the bottom and this is why people would really be keeping on questioning whether we are already at the bottom or not still.
Bitcoin is never been a quick rich investment and its not something that too fast for you to become poor. The key on here is that you should really be having that realistic approach towards investing on Bitcoin or
you would really be thinking about crypto investment as a whole. You would really be needing to know about the basics on how this market behaves and which projects or coins would really be worthy on holding for longterm. This is why it would really be something that will really be differ on each person because we do have different mindset and impression on things.

Basic things are obligations that an investor must know, such as the season in the crypto market fundamentally and so on are obligations for us as investors, of course entering and exiting is also a strategy in investing to stay on the goals we set.

Speaking of views and impressions is subjective but we can have the same mindset on a way and method to get something even with different resources because truth is an absolute thesis that can be claimed consensus on a method, I hope you understand.
But talking about when the right time to enter and exit on bitcoin is depending on how your target and urgency as an investor in maximizing profitability, but on the same principle bitcoin never touches its bottom price twice every cycle.

Cryptos are I think not too hard to understand, especially the established ones and also if you don't go too deep on their technical side. Same goes with the principles of investing. If only they prioritized this first, those people will reduce their chances of losing but unfortunately they didn't, I think this is because they think of the opposite of what I said first. They did not know that going for an easy way is actually the ones that will lead you in danger. Collecting Bitcoins can be done in any method we like but what important is if how we secure them. If we don't plan of using it it like an asset for investing, then we already achieved financial freedom.

Any asset in any market would require a trader to do proper research beforehand to understand the market at least so that the trader understands how the market works, how the prices of different assets move, how volatile and unpredictable they are, and once the trader learns all that, that is when they should decide whether they would want to make a short term trade or invest for the long term.

When it comes to Bitcoin and the cryptocurrency market, a lot of people think Bitcoin investments don't require any research or analysis, but they do, especially if you are not willing to hold your assets for a very long time and if you are doing it for a short period, you need to treat it like any other cryptocurrency because it is volatile and unpredictable too in the short term.

Anything that will make you rich overnight, will surely put you in trouble that will make you regret but it will be difficult for crypto investment to make you rich suddenly because, it need to take a long period of time before you will begin to make profits that will make you rich in the future.

 If you invest in BTC in the bear season and hodl it for long before you will think of releasing them to the market, it will increase your wealth that will make you wealthy in that community and, it will be difficult for your wealth to collapse as long you are still investing in the bear run and sell in the bull run.

Looking at bitcoin it’s not a quick and fast way to make money in the sense,it’s like an investment for me which requires time and patience to be able to yeild from it and it’s process.

Because from it creation,bitcoin it rises was based on gradual growth and for years looking at chart 📈 it’s has not rise ones but investment in bitcoin with large capital can yield you larger profits than those investing with smaller capital and looking for larger returns

Surely, the more capital you have, the larger your purchases increase, and the more accumulations of Bitcoin you have, the more satisfied you are with the profits that you will achieve after the price increases that Bitcoin reaches.

It is a mistake for a person to stop increasing his Bitcoin holdings during the accumulation period and be satisfied with only $20; this does not prevent him from investing wisely and what he can afford to lose. Accumulating wealth in Bitcoin requires, alongside patiently waiting in the long term, that the person be able to fill his bag with every price correction and dip. If he does not have sufficient capital or a source of income to help him with this, His investment in Bitcoin with weak capital may not achieve him the wealth he aspires to in the future, and this is compared to the current price of Bitcoin. Many golden opportunities have passed to invest in Bitcoin at prices much lower than what we are witnessing now over the past years, and perhaps the current price is also a great opportunity to double the capital of any investor after reaching the new ATH for Bitcoin.

It is true that someone who trades of course they have to do in-depth research about the assets they will use in the trades they make and when they understand well that an asset can be used for long-term or short-term trading, because if they If they don't do research on these assets, of course they don't understand whether these assets are good for the long term or short term.

I think those who think about not needing to do any research about the Bitcoin assets they are going to invest in of course they will invest for a long period of time so they just focus on collecting as much as they can and holding for a long period of time so that they can profit from holding in long period of time.

Indeed Bitcoin is never a quick rich system and also get poorer investment.An investors that has held onto his or her coins for a long period of time can never say he got rich in a twinkle of an eye.Life is a season same with bitcoin it's about your time, interest, money, patience and some processes to follow to become prosperous.Many investors that have the mindset of becoming rich overnight dump Bitcoin and purchase shitcoins and end up being scammed by scammers.

I am agreed about this sentence if someone is coming quickly rich then surely is also going to be in deep trouble quickly because things have never been same for anyone in life we have many stories and other related things which are unusual but happening around us.
But investing in bitcoins is surely having good profit even many those were able to manage this all properly have good changes into their life which are now helping them for having things which were not possible even I am personally having too many changes which are just because of this, and I am not quickly rich but still feeling much better due to this.

In a greater sense, if you have the correct skill, correct mindset, and proper risk management, then you have an edge. You can tapped in to a lifestyle where in trading bitcoin, it is hardest way to make easy money. If you have the skill, you can use leverage for your own benefit. Using it wrong wrong will only make you lose your money. If you have the correct mindset and thorough research, you can find opportunities in the marketplace. It could be investments on project that will truly yield. It will require patience and right behavior. Ans as humans we want to act impulsively, that is why trading is not easy unless you transform yourself into someone that is deserving of true success.

Look, gotta be kind to newbies, thats the best way forward. But bad info spreads fast, and we need to call that stuff out. The basics are the basics, folks: crypto goes up and down, you have to know when to get in, when to cash out. Top investors, the best of the best, they understand this.

Now, perfect timing? Thats a myth, but there are rules that always apply. Here's a big one, and trust me on this: Bitcoin never goes back to the same low in a cycle. That's an opportunity only smart investors see. But its not just luck, its about knowing the big picture - the economy, your own money goals. When you align those with the right buy or sell, thats when Bitcoin works its magic, believe me. Its knowledge, its strategy, its timing - thats what makes a winer in this game. Stay sharp, call out the nonsense, and help each other get this right.

Not "like" and investment because bitcoin is an investment already and any investment requires time and patience because you will never see your investment grow if you suddenly pull it out. That's why it's important that you also know how to manage your emotions when you're invested in bitcoin, the volatility of bitcoin is almost always present in the market and if you're easily swayed whenever something bad happens (or in some cases good).

You're right bitcoin investment is all about been patient enough to hold on to it, if you're not patient enough you won't make profit from bitcoin investment, bitcoin investment requires time and patient, most of the rich people you're seeing today, it took them years to get to this level they are today, some people end up doing something that they don't intend doing as a result of being curious taking two steps at a time, wanting to get Rich quickly, without knowing that life is in stages, if you can be able to follow the  stages accordingly I'm pretty sure that you can make a better future, just the same thing applicable in bitcoin space.

Bitcoin and other cryptocurrencies can be a dangerous investment. All cryptocurrencies poses very high risks and are considered to be a speculative investments. You should never put your hard cash on cryptocurrencies if you don't know what you are doing.

Bitcoin is not a get-rich-quick investment, it is a get-rich-quick investment. Why do you choose bitcoin and not any other investment such as gold, stocks, foreign exchange? Simply because bitcoin has the potential to bring high profits in a shorter time than the rest. Bitcoin can give 3 to 4 times returns in a few years but that cannot happen with the rest of investments and that is why we are here and choose bitcoin only. Patience and waiting are a must when we participate in the world of financial investment, but if being patient and holding for 1 to 3 years is not a way to invest to get rich quickly, then what is?

In order to be able to maintain Bitcoin, of course we must have patience and good knowledge about Bitcoin so that we can carry out investments to generate profits, because without knowledge and patience, of course it will be very difficult to be able to maintain Bitcoin in order to make a profit. success from investing in Bitcoin of course requires a long process and we have to be able to go through these stages in order to achieve it and it is absolutely impossible for someone to become rich from the investment they make without going through various processes and we have to be patient and continue to learn in order to achieve what what we dream of.