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Author Topic: Bitcoin doesn't give you instant 100 percent profits  (Read 724 times)
Cryptomiles1 (OP)
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May 04, 2023, 10:09:09 PM
 #1

As the topic implies, I don't really know why people are channelling all efforts to bitcoin wanting them to have 100 percent return of investment, from my last research I didn't see where it was written bitcoin to be a Ponzi scheme or a quick get rich scheme to give you 1000x immediately you invested.
I just draw out this post due to some post I have been reading across here and it annoys me seeing people or newbies always asking after a platform to give them $100 daily, $50 daily and so on without them even coming to think about how it works or not.
As a matter of fact if I should see any post related to this same questions I don't mind reporting them to the moderators.
Why can't you guys read before requesting for what could make you rich over night. Please bitcoin doesn't need to be pressured in other to gain profits and for you to enjoy the investment the only alternative is to choose long term investment period maybe from 1 year to 10 years and enjoy the benefits of bitcoin instead of coming here to make unnecessary noise.

I don't know if I should moved this post to meta or here... Please I will be happy if any of you suggest me.
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May 04, 2023, 10:12:45 PM
 #2

As the topic implies, I don't really know why people are channelling all efforts to bitcoin wanting them to have 100 percent return of investment, from my last research I didn't see where it was written bitcoin to be a Ponzi scheme or a quick get rich scheme to give you 1000x immediately you invested.
I just draw out this post due to some post I have been reading across here and it annoys me seeing people or newbies always asking after a platform to give them $100 daily, $50 daily and so on without them even coming to think about how it works or not.
As a matter of fact if I should see any post related to this same questions I don't mind reporting them to the moderators.
Why can't you guys read before requesting for what could make you rich over night. Please bitcoin doesn't need to be pressured in other to gain profits and for you to enjoy the investment the only alternative is to choose long term investment period maybe from 1 hear to 10 years and enjoy the benefits of bitcoin instead of coming here to make unnecessary noise.

I don't know if I should moved this post to meta or here... Please I will be happy if any of you suggest me.

When I see those posts I always repeat myself. This is a marathon, not a sprint race. But don't worry, things are done to kick these people out. Weak hands and quick profit hunters will get screwed sooner or later. Bitcoin needs hodlers, adoption and use! We need to start using our Bitcoin to pay for services and goods. Bitcoin needs to move around and around!

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May 04, 2023, 10:32:51 PM
 #3


They are likely have no experience yet in crypto. Its a normal question for those who want to make money as they are exposed to some influencers who introduced BTC as get rich quick and they are also short term investors. The result of being naive somehow, wait til they hit the bear market in 2026, they will call BTC a scam.

Cryptomiles1 (OP)
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May 04, 2023, 10:43:37 PM
 #4

Snip

When I see those posts I always repeat myself. This is a marathon, not a sprint race. But don't worry, things are done to kick these people out. Weak hands and quick profit hunters will get screwed sooner or later. Bitcoin needs hodlers, adoption and use! We need to start using our Bitcoin to pay for services and goods. Bitcoin needs to move around and around!

Well let me just rest my case since this is a community and anyone is free to come post whatever they feels like, but is so annoying see just a new registered account without them spending quality time to read around the forum at least for like a week using it to dedicate for reading and knowledge before making any further request. No wonder they are easily ban because they have channeled their efforts for easy profits. But believe me or not, these sets of people are quickly swiped off by bear market and they can't be able to watch their investment sink down nd I believe they will hastily sells off out of panic.
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May 04, 2023, 10:49:04 PM
 #5

The sole purpose of bitcoin is to act as a payment gateway or alternative for fiat. But due to its volatility people can get profits off it either through holding for long, which is considered the safest option or through trading. It is not false that one could actually earn $50 or more daily on bitcoin through trading although it depends on the amount and the depth of your knowledge or experience on trading. One cannot invest less than $1k and be expecting such returns. This has actually been the mindset of most newbies coming into cryptocurrency. Newbies have associated bitcoin with all those pump and dump coins that could make a 1000x in a day but they also haven’t compared its risk. So it is normal reading there threads on how to get such off bitcoin.


As a matter of fact if I should see any post related to this same questions I don't mind reporting them to the moderators.
There’s no necessary need for this since the forum actually gives everyone freedom to ask questions of there choices, you can do it when such member is regularly asking same thing has this classifies it as spamming otherwise you could put such users on ignore.


Quote
I don't know if I should moved this post to meta or here... Please I will be happy if any of you suggest me.

This isn’t a discussion for the meta board I feel it will even be better on either speculation or trading board since it is where this threads are mostly created

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May 04, 2023, 10:51:41 PM
 #6


I just draw out this post due to some post I have been reading across here and it annoys me seeing people or newbies always asking after a platform to give them $100 daily, $50 daily
Certainly, they are newbies and they wish to be able to earn money daily. With a profit of $50 a day, $100 a day, they are equivalent to $1500 per month and $3000 per month, respectively.

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May 04, 2023, 11:23:15 PM
 #7

If you don't like seeing those topic and post why not just ignore such whenever you find them.
Here is open forum and newbies are permitted to asked any question despite how stupid the questions seems to be on your own view. So don't get weird over their silly questions. Lastly just skip them the best option for you to cope instead of reading anything about such nature.

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May 04, 2023, 11:40:58 PM
 #8

As the topic implies, I don't really know why people are channelling all efforts to bitcoin wanting them to have 100 percent return of investment, from my last research I didn't see where it was written bitcoin to be a Ponzi scheme or a quick get rich scheme to give you 1000x immediately you invested.
Each person may have a different target, I'm not sure if everyone targets for 100% return.
Previously, there were many FUDs about Bitcoin, including scam/ponzi issues. However, everyone knows that FUDs are mostly created by haters. They don't want crypto industry or Bitcoin adoption to become more massively. So, now people just ignore it and not be influenced anymore.

I don't know if I should moved this post to meta or here... Please I will be happy if any of you suggest me.
It is nothing to do with Meta. It is discussing Bitcoin investment, not forum-related.


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May 04, 2023, 11:42:19 PM
 #9

That's how does the market volatility works, every transactions of buy and sell the market goes up and down if you are just making small transaction of course just a small changes unlike the whales we called, which takes a huge candle to move. We can't prevent this loss, but we can lessen with technical analysis. This makes you aware of the possible following price action to buy or to sell.

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May 04, 2023, 11:53:40 PM
 #10

Quote
bitcoin to be a Ponzi scheme or a quick get rich scheme to give you 1000x immediately you invested.
I just draw out this post due to some post I have been reading across here and it annoys me seeing people or newbies always asking after a platform to give them $100 daily, $50 daily and so on without them even coming to think about how it works or not.

This is imposed by HYIP, Ponzi scheme and scam company.  They enticed their victims by promising huge return of the investment triggering the greed of victims.

As a matter of fact if I should see any post related to this same questions I don't mind reporting them to the moderators.
Why can't you guys read before requesting for what could make you rich over night. Please bitcoin doesn't need to be pressured in other to gain profits and for you to enjoy the investment the only alternative is to choose long term investment period maybe from 1 year to 10 years and enjoy the benefits of bitcoin instead of coming here to make unnecessary noise.

I don't know if I should moved this post to meta or here... Please I will be happy if any of you suggest me.

Investment takes time to yield 100%+ profit.  There is no such thing as instant in an investment.  All needs time, knowledge and effort.  If anyone offers an instant profit, it is more likely a scam.  Aside from that, there is also no such thing as intant 100% in trading.  Like we need to  buy trade, set up a trading strategy and wait for time for our trade to yield 100%.  In bitcoin with its current price, it is near to impossible to  see the price of Bitcoin doubling in just a matter of second. 

Sometime we need to use our logical thinking in order to separate legit investment from scam and fraud.  We don't need to learn rocket science for this or make a deep research.  When the offer is too good to be true.  It is not more likely but  100% a scam.
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May 05, 2023, 12:15:36 AM
 #11

As the topic implies, I don't really know why people are channelling all efforts to bitcoin wanting them to have 100 percent return of investment, from my last research I didn't see where it was written bitcoin to be a Ponzi scheme or a quick get rich scheme to give you 1000x immediately you invested.

I just draw out this post due to some post I have been reading across here and it annoys me seeing people or newbies always asking after a platform to give them $100 daily, $50 daily and so on without them even coming to think about how it works or not.

As a matter of fact if I should see any post related to this same questions I don't mind reporting them to the moderators.

Why can't you guys read before requesting for what could make you rich over night. Please bitcoin doesn't need to be pressured in other to gain profits and for you to enjoy the investment the only alternative is to choose long term investment period maybe from 1 year to 10 years and enjoy the benefits of bitcoin instead of coming here to make unnecessary noise.

I don't know if I should moved this post to meta or here... Please I will be happy if any of you suggest me.

Hello, I am going to allow myself to "put" a space between paragraphs for a better reading.

I think that above all this is a discussion forum and as such, any idea in the correct approach, without falling into spam or recurring questions, they can project ideas in the sense that you mention, then if someone think that him can get a 1000x, so, the The question is; " how he expects to win it...", explain it, then the community one could propose real or feasible scenarios.

Consequently only report it if you think it does not correspond to the board or is off-topic. In that sense, your OP remains in limbo, I think you fall into what you criticize. Smiley

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May 05, 2023, 01:11:54 AM
 #12

Please bitcoin doesn't need to be pressured in other to gain profits and for you to enjoy the investment the only alternative is to choose long term investment period maybe from 1 year to 10 years and enjoy the benefits of bitcoin instead of coming here to make unnecessary noise.
When we back on bitcoin white paper, in the title bold write: A Peer-to-Peer Electronic Cash System, I don't know why people, especially newbies out there still ask the profit. A main goal of bitcoins is Cash System not investment which can rises your money over 100X, 1000x or million x. If newbie or any people create thread how to make profit $10, $100, $1000 daily with bitcoin, I think what we should do is give them bitcoin white paper. And the problem finish. And, if still ask, maybe better to report the account to be banned.

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May 05, 2023, 01:36:20 AM
 #13

there are indeed many questions here that might be called strange, but in my opinion this is a natural thing, especially for those who are still beginners in bitcoin and crypto.
so I think there's nothing wrong with them asking strange questions because of course what they ask is something that he really doesn't know.

and in my opinion investing in btc with the goal of wanting to get rich quickly in my opinion is not wrong as long as you are prepared to accept the risk of loss.

and i think many people who invest in btc short term get rich.
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May 05, 2023, 01:51:26 AM
 #14

from my last research I didn't see where it was written bitcoin to be a Ponzi scheme or a quick get rich scheme to give you 1000x immediately you invested.
There are Ponzi teams tried to attract people to their models by using Bitcoin but Bitcoin is not responsible for their Ponzi scam.

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Why can't you guys read before requesting for what could make you rich over night.
Because they are too greed and with this attitude, they will be easily attracted by scam groups like Ponzi.

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Please bitcoin doesn't need to be pressured in other to gain profits and for you to enjoy the investment the only alternative is to choose long term investment period maybe from 1 year to 10 years
It is a zero sum game so in this market, there are always winners and losers at any specific point of time or within any period. Even when Bitcoin made its all time high to above $69k, there are losers, not only winners.

Fortunately, if you invest in Bitcoin and hold your bitcoins long enough, you will reduce risk of loss by the market volatility while increase your chance to see profit.


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May 05, 2023, 01:51:49 AM
 #15

Wanting multiple profits, I think all bitcoin investors also really want to get it, because having the desire to get big profits is a natural thing for all investors in bitcoin. But many people, especially beginners who invest in bitcoin, want big profits and want to achieve them in a very fast time. Such a desire is not wrong, but in my opinion it is not quite right. Because basically if you want to get big profits from bitcoin, it takes a long process. Because behind all that there must be a long process, which must be passed by every investor in bitcoin. So beginners should know this, don't become an investor in bitcoin, but don't want to go through all the processes and stages.
I honestly think there are a lot of beginners starting to invest in bitcoin, but most probably don't learn about it first. So the result is that many beginners act and think inappropriately when investing in bitcoin. But I can still understand, if it is a beginner, and my message is for beginners, don't stay too long in an inaccurate thought like that, as soon as possible you have to be more able to understand and study bitcoin as a whole, so that inaccurate thinking can be fast removed.

So the point is to be able to enjoy the process more, don't want to see the results right away.

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May 05, 2023, 02:05:57 AM
Merited by Poker Player (1)
 #16

If you want to get a quick profit, be prepared to bear a quick loss, and this matter is not related to bitcoin, but to any investment that you think will make you rich overnight.

Wealth is linked to how you think, if you do not change your old ideas and your consumer relationship with money, you will most likely lose those currencies after a short period, no matter how much money you will collect. Even if you have a bitcoin, you will lose it fast. Evidence for what I am trying to say is that most of the people who won the lottery lost it within 5 years.

Winning the Lottery: Things Lotto Winners Won't Tell You
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May 05, 2023, 02:27:24 AM
 #17

Well, everybody who is invested in Bitcoin is hoping and praying that the price will rise so that they will make money. That's normal, although they don't have to post about it, especially their magical wishful thinking. But a 100% ROI is actually realistic. It could even happen within the year or next year. But if they really believe it, rather than be noisy about it, they should just silently accumulate as much as they can and hodl tight.

An annoyed reaction to this noise is equally noisy, though.

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May 05, 2023, 02:30:14 AM
Merited by fillippone (1)
 #18

Most of those posts come from newbies to the market, and they haven't figured out how bitcoin and the market work yet. I don't think we should be too harsh with those questions from newbies because part of this comes from other people. One thing that I am seeing in the market in my country is that a lot of Kols, for the purpose of attracting people to follow, they did not give up all the tricks. To be famous and have a voice in the market, they always post edited photos and investment images with profits up to 100%,1000%, as you say. Newbies accidentally see such things and are not immune to temptations and get-rich-quick thoughts.

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May 05, 2023, 02:55:57 AM
 #19

If you want to get a quick profit, be prepared to bear a quick loss, and this matter is not related to bitcoin, but to any investment that you think will make you rich overnight.

Wealth is linked to how you think, if you do not change your old ideas and your consumer relationship with money, you will most likely lose those currencies after a short period, no matter how much money you will collect. Even if you have a bitcoin, you will lose it fast. Evidence for what I am trying to say is that most of the people who won the lottery lost it within 5 years.

Winning the Lottery: Things Lotto Winners Won't Tell You

The OP does not seem to be aware that something that gives you, or rather promises to give you, an instant 100% profit is a scam, it is not real.

On the other hand, as the Bitcoin market has already matured and we can be happy if it gives us an annual average of 100%. I want to emphasize the annual and average, because there will be years in which we will have losses and we must keep our eyes on the long term.

As you say, to get rich is very important the mentality and the best way to do it is usually slow and boring, contrary to what happens to the winners of lottery and lottery-type investments (as the one who hits a shitcoin that makes a 100x).

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May 05, 2023, 03:24:56 AM
Merited by fillippone (1)
 #20

I just draw out this post due to some post I have been reading across here and it annoys me seeing people or newbies always asking after a platform to give them $100 daily, $50 daily and so on without them even coming to think about how it works or not.

Basically the goal of one of Bitcoin's missions is not to make people rich either fast or in a slightly slow motion in the sense of investing continuously in the long term. maybe for those who said the OP is related because they might be people who have not been involved in the crypto world of course they assume like that, they expect $ 50-$ 100 in a day and target $ 3000 in a month it is natural when they think with a mindset that doesn't know about cryptocurrencies fully.

And we assume that bitcoin will indeed be able to change the lifestyle and point of view of everyone and also about their knowledge of technology and digital investment that is good and right with clear enough references, Bitcoin can provide wealth for those who manage it with optimal management and as much as possible.
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