The True Measure of Success in Every Investment.

[mid9tclaw02]

Every good investor must know the pros and cons of every investment he or she involved themselves into, and to every investment the profit is the target

[Tungbulu]

Every good investor must know the pros and cons of every investment he or she involved themselves into, and to every investment the profit is the target

There's an exception when it comes to Bitcoin investment. If your main focus is making profits when Investing in Bitcoin, you might end up taking a wrong step while chasing short term profits. The main target when Investing in Bitcoin shouldn't be making profit but gaining financial freedom through Bitcoin investment and also preserving the wealth you've managed to build over the years. When you have this thoughts in forefront, it'll help you focus more on the long term potential of the asset/investment, and also deviate your attention from focusing on short term profits.

[Pressurizedem]

Investments must be made if you ever want to succeed in life. There is no single person who have succeeded today, who didn't have some investment somewhere that gave him the money to get to the level he or she is.
Everything comes with a sacrifice, and those sacrifices are the discipline you give to yourself when you have all the chances to use your money the way you deem it fit, but choosing to invest some will definitely save you in the nearest future. Bitcointalk has taught me so many things since I became a part of this family, and I am looking forward to having a great future ahead of me.

[Iamgoat]

Every good investor must know the pros and cons of every investment he or she involved themselves into, and to every investment the profit is the target

There's an exception when it comes to Bitcoin investment. If your main focus is making profits when Investing in Bitcoin, you might end up taking a wrong step while chasing short term profits. The main target when Investing in Bitcoin shouldn't be making profit but gaining financial freedom through Bitcoin investment and also preserving the wealth you've managed to build over the years. When you have this thoughts in forefront, it'll help you focus more on the long term potential of the asset/investment, and also deviate your attention from focusing on short term profits.

I believe more than half of individuals on this platform who join discussions which have to do with bitcoin investment which has been reason to why some people make discussions about it look so abstract without any real examples or scenarios, many of us wey dey talk here na just based on assumptions, nobedy wan talk based on real practical things wey really fit dey workable.

Bitcoin does not operate like any Ponzi scheme where you get offers like quick buy today, quick sell tomorrow which is the number one reason why plenty people end up getting trapped into wrong investments which will not bring results other than failures as a result of greed and lack of sufficient knowledge. The truth of it is, Bitcoin in itself have shown more strength in long term growth and wealth preservation and giving you a financial breakthrough over time and not just a thing of today and tomorrow.

[Hewlet]

Even if the portfolio dey worth ₦500B, carry am give person wey just start him journey, just give am time, you go realise say him go dey struggle to maintain the investment, and if time is not taken, e fit even mismanage the portfolio and everything go go back to zero. And even if the person with those several years of experience and skills starts from scratch, just give am small time, you go realise say him go fit raise an Empire from almost nothing, and this go show us how important the knowledge and experience dey for every investment journey.

having a huge potfolio and maintaining it well is just as important as building the portfolio in the first place because lack of proper management is a sure route to square one even as an investor. of cause, the more asset you have in your holding, the easier it becomes managing it because you likely have become experienced at it but that not withstanding, the descipline it required for you to biuld your potfolio to a certain extent is still going to be the same descipline it will require for you to continue maintaining the potfolio when it has grown.

The aspect that is even more deficult to manage is when you have a good chunk of BTC in your wallet and the need to spend it starts eating deep into you. if care is not taken, the comfort that comes with seeing a massive potfolio might push you to start spending your BTC and slow and steady the once upon a time huge potfolio can start draining with time into something you will later regret ever touching. at every stage of your investment, their are chalanges you wil encounter, how you are able to deal with those challanges will tell if your asset can stand the test of time.

[Youngrebel]

In investment, you only need three things. Knowledge, patience and capital. Just as I highlighted it, the most important is knowledge, without knowledge you will perish in your investment , you must first study the risk and time frame of the investment, if it's something you can invest or you walk away. Read more about those that failed in that investment than those succeeding in it. When you learn of people mistake it's another advantage to you.

Secondly, be patience. To be successful in any business or investment you must give it a time except is a gamble or Ponzi scheme. But if it's real investment it will time your time and resources plus years before you can benefit from it. Investment is like a child, they take process to grow. If you can endure your child growth then you should be able to be patient with your investment.

Thirdly, Capital, it's the last thing in investment, to some people it's the first thing but to me. You only look for a loan for investment after you have study the business and you are convinced your can be patient for it. Then you can look for capital for the business.

 
"Investment is like a child, they take process to grow. If you can endure your child growth then you should be able to be patient with your investment."
This your statement of investment being like a child is what has kept most people still in business.no matter how your children misbehave or cause issues,you never give up on any of them and still stay commited to their growths and welfare.
 After making investment and going into business in thing that can really keep us on check is perseverance/resilience, having the ability to never give up even when the returns and defended isn't coming like it's supposed to.one thing that gives you the strength to never give up on an investment or business is investing in something you love,not just any business and investments people are going into.
If you do something you love,you wouldn't want to let go of no matter what happens.invest right, keep hopes alive and success is sure.