Don't claim to be an investor if it's still like this

[Sanitough]

...And that means if we invest $10k, it will only be $12.9k next year, not immediately becoming sultan...

There is no guarantee that after investing 10000 dollars, you will receive 12900 in a year. There is nothing guaranteed in investing at all, and even more so in cryptocurrency. And if you do not have enough experience to invest, then such an investment outcome as the loss of a deposit will look more real.

Investment has its own risks, and that risk includes whatever you deposit today will never give you returns tomorrow. It’s actually more of a loss than a gain especially if you come to invest in the market without understanding what you are investing for and how you will work for it. If you don’t have the knowledge and experience the moment you invest, then it’s useless to expect for profits after you invest. So never underestimate investing, it requires a lot of knowledge and skills first before you will succeed on it.

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[Blowon]

one has to experience a lot of losses first to really feel that being greedy in trading will only erode their assets until they run out. I'm sure those who want to get rich by trading crypto are beginners who are carried away by mentors who show off their wealth or friends who look easy to get money from trading even though trading even for spot requires accuracy and wisdom in making decisions.

[Smartvirus]

Investing is not an easy task. It should be understood that without preparation it is quite difficult to get the result. The investment process itself requires knowledge and at least minimal experience in working in the market.

Correct. Not all need some preparations but with it on your sleeves you'll surely have an edge over the others. Just because investing doesn't mean you need to be there at the moment it doesn't mean as well that you don't need education and knowledge, you need it the most or else it will just be a blind investment.

I think all investors and not some have got to go through some preparation before taking up an investment. Your preparation becomes one of the way you get an understanding of what your doing, why certain constraints play out the it did, why your getting certain results and fhe means by which you could maximise it. No preparation or analysing of what could be from what is might mean, you gambling your investment and that could lead to quick loses.
Most nature the desire to be rich quick and what better way to do that than in cryptocurrency many think but, most have as w3ll been disappointed each time. How would someone hope for a turn over in mere days or weeks. Its always a step at a time.

[Viscore]

I agree with the op, investing in bitcoin today, and already wanting to become a multi millionaire by the next day is something that is very common amongst newbies, that is, newbies that are entirely new to investments.

I have some friends who some time in the past asked me what I do for a living aside my business, I told them I'm crypto currency trader, and that I make good money from it, they picked interest and I offered to teach them, after showing them the basics and telling them to learn the rest from research, one week later, I discovered they've lost interest.

They probably thought trading is something one would just go into and start making money,  same also with investment, it is one thing to find a good investment opportunity, and it is another thing entirely to invest, and be patience for your investment to grow and bear you good fruit.

That’s why everything in crypto, be in trading or investing, needs to work it out by acquiring knowledge and experience in the first place. There’s no shortcuts in it, like when you just invest and expect profits after a day,  that is only for those who are just greedy without knowing how risky their investment is. But when you decide to invest because you have studied it well, and you learned from your previous losses and mistakes, then maybe expecting a profit this time is very possible. Investing is never easy, but it’s also not hard for those who have passion and have known it well.

[wxa7115]

I think all investors and not some have got to go through some preparation before taking up an investment. Your preparation becomes one of the way you get an understanding of what your doing, why certain constraints play out the it did, why your getting certain results and fhe means by which you could maximise it. No preparation or analysing of what could be from what is might mean, you gambling your investment and that could lead to quick loses.
Most nature the desire to be rich quick and what better way to do that than in cryptocurrency many think but, most have as w3ll been disappointed each time. How would someone hope for a turn over in mere days or weeks. Its always a step at a time.

That urgency to get profits is what gets newbie traders in trouble, after all if they just became spot traders and used a stop loss religiously even if after months of work they got no profits I would think they are on the right track as long as most of the money on their accounts was still mostly intact.

But on their desire to get profits those newbies begin to use a high leverage, hold their position for too long and refuse to use a stop loss, and when you combine all of those factors then sooner or later they will be caught with their pants down and the market will move very quickly against them, inflicting heavy losses on their account.

[Latviand]

There's a common misunderstanding when it comes to investing. The thing is, investment carries a risk, and that risk could result in losing money. We invest for a chance to be successful in growing our money, but we should always be ready to accept losses. That's why experts always advise to invest only what we can afford.

It's not a misunderstanding, people who get into investing are just ignorant of the fact that investing doesn't mean that you're guaranteed a profit if you put your money in it. Maybe a little misunderstanding especially if they've learned about investing from someone who embellishes the truth and they got blinded by greed.

[Gallar]

Almost 99% of investors want to deposit today, tomorrow they will become sultans.  Actually it can't be like that.  It could be possible that tomorrow it will be a loss and the next day it may still be a loss.
~

If you think about it carefully, having thoughts like that is actually very humane, because the majority of people definitely want wealth, especially in an easy and fast way. Even people who have such thoughts, I feel, are one's first stage of advancement. Even though having thoughts and actions like that is indeed not right, but with the willingness to invest alone, in my opinion, there has been quite a bit of progress in his mindset. Because there are still many people out there who are not aware of the importance of investing. So is someone who invests and wants to get rich quickly wrong? I think it's wrong, but not completely wrong. Because as I wrote above, that thinking is human nature. But over time, this attitude will change, when you get understanding, experience, and lessons. So the conclusion I can come up with is, if people were investing primarily in crypto, most newbies would have that kind of get-rich-quick mindset. Having thoughts like that is not right when you want to invest in crypto. But don't blame newbies in the crypto investment field for such assumptions. Because they are definitely still in the learning stage and still don't have much experience.

[Iadegbola34]

Investing is a long-term game, and it's important to have realistic expectations. It's easy to get caught up in the hype and believe that we will become wealthy overnight, but that's not how it works. It's crucial to have patience, discipline, and consistency when making investment decisions. Warren Buffet is a great example of this, as he has consistently delivered returns over the years through his investment strategy. Additionally, it's important to remember that losses are part of investing, and we should use them as an opportunity to learn and improve our investment strategy going forward.

[LUCKMCFLY]

We are in a generation where we have so many advisers and writers available I'm this forum to tutor us how to trade the market and make proper investment when it is obvious that they can even analyze a single chart. Everyone is gradually becoming a pro trader, ready to help us that had been in the market for so long.

 I am not biased with the frequent writeup from people who choose to have become a good trader and always eagered to teach us something to have as a breakfast.

 Op has point a very important facts we need to put into consideration or else we might to enjoy the act of being a trader.
We need to understand that words are easier said than done. Noted

Well, basically the basic Principles to be an investor or a market Explorer are in ourselves, if we have a certain Attraction towards investment it is something that we should take advantage of, but if we like to go as the market goes, if it goes up you win, if it goes down the same you win, that is what a trader should see, but I feel that things in the trader or investor are two very different ways of thinking, even though both want to win, it is known that the directions are different, a person who is or has The desire to invest has to be more patient, not fall into Despair and above all not get carried away by the news.

[MIner1448]

True, investing is a long-term process that requires patience and discipline. No one can guarantee the success of every investment, and losses can be part of the process. It is important to have a rational and analytical approach to investing, and not be based on emotions and quick successes. It is also important to understand that the historical performance of an asset does not guarantee future performance, and investors should always remain vigilant and adjusted to the changing market environment.

[Faisal2202]

In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them.  Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.

Exactly, personally, i have seen so many people in my friend and relative zone, who have the same mentality, that you just shed light on. For example, you may have heard of BONDX mining which is similar to Pi, and when Pi was listed unofficially and people get to know the real potential it could have, like if the price would be real, it will definitely reach to the same heights to which it got now. And after stating them this, i asked him to download the BDX app, One day i installed the app on his phone the other day he was like i am "Sultan" ahaha. he said, when will i get my money, blah blah and blah. he asked such questions that made me to say him, to delete that app. Haha

New generations need to be taught this lesson, as i have faced this issue with my loved ones and i tried my best to cover this issue with them but they tend not to listen to me, even if they listen to me, they have acquired such company that takes them to straight back from where i took them. So to avoid this, we should have to spend more time with them and have to become a company that could eliminate the bad thoughts they are getting from bad company. i even try to motivate them with my moments and by my friend's or any other person's success moments. I am not rich but i do have the skill to manage money, risk and losses.

[Botnake]

An investor can mean anything to different people bu if were to look at it in the context of disussion, I will say that a true definition of an investor is a person who is ready to swallow his mistakes and learn from it, they cry over when they lost considerable amount of money into loss, they always invest another money into good coins no matter what and never give up.

In investing there will always be gains and losses. and it becomes a valuable lesson and experience for investors. but when Investors release their assets when they lose, and they no longer have assets. then they can no longer be called investors. are there investors who are called without investment assets?
failure in investment sometimes there are those who make them out. but there are also those that make them stick around and plan their return on investment better. everything is a process, no investor is always profitable without feeling a loss.

Know that successful investors today have also endured a lot of losses before but chose to never give up simply because, they believe in the potentials of their investments. And that does not mean that even if you continue to invest from a loss, you will never experience losses again. Losses will always be part in any investment, but it’s up to you how you will manage your losses and motivate yourself to stay positive and optimistic so you can still pursue on the goal that you have set in the first place. If you have that mindset, most likely you will be a successful investor in the future.

[goaldigger]

True, investing is a long-term process that requires patience and discipline. No one can guarantee the success of every investment, and losses can be part of the process. It is important to have a rational and analytical approach to investing, and not be based on emotions and quick successes. It is also important to understand that the historical performance of an asset does not guarantee future performance, and investors should always remain vigilant and adjusted to the changing market environment.

Due to hype of many projects, many investors are thinking for an easy money and that’s normal in crypto. They will only realize this the moment that project listed in exchange because that is where the real challenge starts, the price pump and dump will always be part of the market. Investing is indeed a long term process that we should always adopt and have strategy, remember easy money can also be easily gone if you take it carelessly.

[GreatArkansas]

(....)

Due to hype of many projects, many investors are thinking for an easy money and that’s normal in crypto. They will only realize this the moment that project listed in exchange because that is where the real challenge starts, the price pump and dump will always be part of the market. Investing is indeed a long term process that we should always adopt and have strategy, remember easy money can also be easily gone if you take it carelessly.

I think this is becoming normal in the cryptocurrency market, the hype, the FUD, and FOMO everything is becoming normal in day-to-day live in the cryptocurrency market.
The "easy money" way and most influencers or some personalities that spreading it to social media is also becoming normal and through that people will be introduced to cryptocurrency and think that it's really "easy money" but they end up losing.

[wxa7115]

Due to hype of many projects, many investors are thinking for an easy money and that’s normal in crypto. They will only realize this the moment that project listed in exchange because that is where the real challenge starts, the price pump and dump will always be part of the market. Investing is indeed a long term process that we should always adopt and have strategy, remember easy money can also be easily gone if you take it carelessly.

I think this is becoming normal in the cryptocurrency market, the hype, the FUD, and FOMO everything is becoming normal in day-to-day live in the cryptocurrency market.
The "easy money" way and most influencers or some personalities that spreading it to social media is also becoming normal and through that people will be introduced to cryptocurrency and think that it's really "easy money" but they end up losing.

The temptation of easy money is always going to be there, however it is up to each person to reject them and realize that such offers are too good to be true, as if you really think about it if someone had the ability to make that amount of money with that speed then in just a few years they could become one of the richest persons alive.

And since that is not going to happen then people need to recognize those methods do not work, and if anything they could cause them to suffer financial ruin.

[xen1oph]

The temptation of easy money is always going to be there, however it is up to each person to reject them and realize that such offers are too good to be true, as if you really think about it if someone had the ability to make that amount of money with that speed then in just a few years they could become one of the richest persons alive.

And since that is not going to happen then people need to recognize those methods do not work, and if anything they could cause them to suffer financial ruin.

You hit the nail on the head! The allure of easy money can be strong, but it's important to remember that genuine wealth is built through diligence and smart investing. As Warren Buffett wisely said, 'The stock market is a device for transferring money from the impatient to the patient

[tjtonmoy]

Everything takes time and a proper approach. It's no difference with crypto investment. The more time you give to this, the better you become day by day. When it comes to trading profits and loss, they are both in it, and you will face it one day no matter how carefully you take the approach. All you can do is take a good risk management plan and use it to reduce your losses and maximize your profits.
As you already said, and I agree. Patience is the key in crypto. You can't become a millionaire overnight. Good advice.

[xSkylarx]

(....)

Due to hype of many projects, many investors are thinking for an easy money and that’s normal in crypto. They will only realize this the moment that project listed in exchange because that is where the real challenge starts, the price pump and dump will always be part of the market. Investing is indeed a long term process that we should always adopt and have strategy, remember easy money can also be easily gone if you take it carelessly.

I think this is becoming normal in the cryptocurrency market, the hype, the FUD, and FOMO everything is becoming normal in day-to-day live in the cryptocurrency market.
The "easy money" way and most influencers or some personalities that spreading it to social media is also becoming normal and through that people will be introduced to cryptocurrency and think that it's really "easy money" but they end up losing.

that is really the power of internet right now because they can easily persuade people to invest because they are influencial and even they do know that it will turn to scam they will continue for their own benefits that is why people right now is starting to wake up unlike before that most of the influencers ive known was introducing token and I've seen a lot of people invested to it but turns out a scam but unlike before people know it now and tends not to invest on it

[Baoo]

Woefully , there is a plenty of investors especially newbies and amateurs who don’t accept the losses despite it is a part of investment. In fact, If you don’t fail , work hard,  struggle, and makes mistakes , you will not gain experience and become proficient in this field although it is essential to learn from your own mistakes,  and turn them into lessons. Consequently you will be capable to achieve better results. Investing in crypto is definitely fruitful but in long term, it means if you are impatient, you will never achieve successful career Additionally, becoming wealthy isn’t easy nowadays, and investing large capital will not affirm and secure huge earnings  in returns. From my perspective, you should find additional sources of income instead of focusing and giving all your time on only one.

[fauzan Ichsan]

Woefully , there is a plenty of investors especially newbies and amateurs who don’t accept the losses despite it is a part of investment. In fact, If you don’t fail , work hard,  struggle, and makes mistakes , you will not gain experience and become proficient in this field although it is essential to learn from your own mistakes,  and turn them into lessons. Consequently you will be capable to achieve better results. Investing in crypto is definitely fruitful but in long term, it means if you are impatient, you will never achieve successful career Additionally, becoming wealthy isn’t easy nowadays, and investing large capital will not affirm and secure huge earnings  in returns. From my perspective, you should find additional sources of income instead of focusing and giving all your time on only one.

many people misinterpret investing healthily. where they have small capital but want thousands of percent profit to reach wealth, so they run on new investment projects without being equipped with sufficient knowledge and in the end the results are not as expected. choosing the right coin and placing logical targets must be understood so that we can be prepared to make long-term investments and can hold them relaxed in the face of price fluctuations