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Author Topic: Bitcoin doesn't give you instant 100 percent profits  (Read 651 times)
Blitzboy
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August 07, 2023, 11:50:03 AM
 #101

Do you know that there are some people living around me that want the exact same thing and some of them are even expecting me to teach them how to make instant profit out of Bitcoin investment till date.

They still don't believe that I have to wait for few years before I can make something meaningful through Bitcoin I am very well aware that people are looking for a fast way to make money that is why most people are poor because at the end of the day, they will end up getting in hands of scammers and people that will just run away with their money, they don't want to understand that it is not that easy to make money, there are some consequences and risk that has to be taken before they can make good amount of money.


I won't worry myself much about such people because at the end bitcoin market always has its way of getting rid of such people, they are the types we call weak hands.

Your issue? Its a common one, yes, very common! People, they want fast money, and they look to you because you've got some Bitcoin knowledge. You know, Bitcoin is a complex thing - very complex! But you're telling them right: patience is key. Money doesnt grow on trees, not even Bitcoin trees!

Weak hands, right? Weak hands get washed away by the Bitcoin wave! You’re wise to not worry yourself too much about them. Teach if you want, or dont, its your choice. But maybe, just maybe, guide them to understand, in your own time. No harm in sharing some knowledge, even with the so-called weak hands! Bitcoin, its the future, and we all know it.

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August 07, 2023, 11:59:28 AM
 #102

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.

The inconsistency in the price of Bitcoin has wrecked more people than made people billions. At the end of the day first-time investors are the luckiest to get rich with bitcoin. People see it as get rich strategy rather than for the cryptocurrency it is and it was intended for.
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August 07, 2023, 02:50:26 PM
 #103

Nothing gives you instant 100% profit unless you are very, very lucky. You can’t plan & expect 100% profit in a short term timeframe. Bitcoin is the best investment out there, the hardest money every existed.

Forget about 100% profits short term & learn to HODL, you will make a lot more than 100% if you HODL for a number of years.
In any type of investment, 100% profits from short term investment is a big lie. It could be possible instead if you lose 100% of your capital with just a blink of an eye. But still, even if these words will be repeated a lot of times, crypto beginners will always chose to be deceived by this too good to be true promise. Most especially with all the crypto influencers all over the internet that is feeding wrong information to the people, then it’s not surprising that there are still people who often expect 100% profits in just a very short period of time.

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August 07, 2023, 05:05:19 PM
 #104

In any type of investment, 100% profits from short term investment is a big lie. It could be possible instead if you lose 100% of your capital with just a blink of an eye. But still, even if these words will be repeated a lot of times, crypto beginners will always chose to be deceived by this too good to be true promise. Most especially with all the crypto influencers all over the internet that is feeding wrong information to the people, then it’s not surprising that there are still people who often expect 100% profits in just a very short period of time.

That's quite high and we should not believe someone who promotes such lies especially when it involves bitcoins. such things will never happen because the price is not that low like we had before about 10 years ago and the price could only go up to +20 percent but not as often as before because of some circumstances that we are experiencing through these years. But none of it will gonna change except for most countries in the world will start to adopt bitcoins as legal tender and as one of their official currency in the years to come.

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August 07, 2023, 05:42:43 PM
 #105

In any type of investment, 100% profits from short term investment is a big lie. It could be possible instead if you lose 100% of your capital with just a blink of an eye. But still, even if these words will be repeated a lot of times, crypto beginners will always chose to be deceived by this too good to be true promise. Most especially with all the crypto influencers all over the internet that is feeding wrong information to the people, then it’s not surprising that there are still people who often expect 100% profits in just a very short period of time.

That's quite high and we should not believe someone who promotes such lies especially when it involves bitcoins. such things will never happen because the price is not that low like we had before about 10 years ago and the price could only go up to +20 percent but not as often as before because of some circumstances that we are experiencing through these years. But none of it will gonna change except for most countries in the world will start to adopt bitcoins as legal tender and as one of their official currency in the years to come.
Agreed, one should not fall for fake promises. It is possible to see more people fall for scams in the name of bitcoin. They never understand about bitcoin, just because it gives profit they get into cryptocurrency. This too happens through a third person. It is really must to understand and further make your investments. Just expecting big returns and ending in disappointment shouldn't happen. Very few countries in the upcoming years will adopt bitcoin whereas the majority are much focused to have their own CBDC

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August 07, 2023, 08:28:29 PM
 #106


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.


Yes. Those who expect instant 100% profits are definitely those who have no or less experience to note. So they will do everything hoping to gain profits instantly, without realizing that if they will do investing and trading in a rush, their money will also have higher chances to be easily gone by the wind. That’s the reason why bitcoin is always advised for long term hodling, not because it never gives quick profits, but because it’s only on long term hodling where people get significant profits that are worth waiting for.

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August 07, 2023, 08:43:23 PM
 #107

Nothing gives you 100 percent instant, only lucky chance might do that
In this life and after, never expect 100% so you will never experience failure ,
the more you look for something is the more chances of you to fail into wrong decisioning.
and also why need to expect that much when we can get better in lower expectation like 10-50%?
I don't know what truly lies in this but for me? I am contented in 30% each time.
There are really people who will always look for the impossible. I bet they know already that it’s hard to achieve 100% profitability rate, but still they will never stop chasing it. Maybe because crypto influencers are not doing their job properly but instead they keep on spreading misleading information that makes these newbies create a different mindset about bitcoin getting rich quick profits.

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August 07, 2023, 09:11:09 PM
 #108

Those who think bitcoin can give them instant income or profit are those who do not understand the meaning, the reason why bitcoin was created. Before one invest in any cryptocurrency, he needs the basic knowledge on the particular crypto he wants to invest in so that the mentality of getting instant income from bitcoin will not be there. And really this days, most of youths are not ready to work hard to earn legit money but they just need instant money to spend.
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August 07, 2023, 10:19:49 PM
 #109

Nothing gives you 100 percent instant, only lucky chance might do that
In this life and after, never expect 100% so you will never experience failure ,
the more you look for something is the more chances of you to fail into wrong decisioning.
and also why need to expect that much when we can get better in lower expectation like 10-50%?
I don't know what truly lies in this but for me? I am contented in 30% each time.
There are really people who will always look for the impossible. I bet they know already that it’s hard to achieve 100% profitability rate, but still they will never stop chasing it. Maybe because crypto influencers are not doing their job properly but instead they keep on spreading misleading information that makes these newbies create a different mindset about bitcoin getting rich quick profits.
Just let them be, on which there are really people who are really that thinking about unrealistic things on which you cant really just make yourself that able to reach out that particular goal on the time that reality

would be slapping into your face. People would only realize when its already that they are currently facing. On the time that you've been wary about on how things works and how things been done then for sure
you would really be making out adjustments basing up on what you do encounter and be wary on what are the condition you are really that into. In speaking about Bitcoins potential profits or returns then it would really be just that hard on reaching out 100% even lets just say about doubling your capital but speaking about potential and assurance then we could really be able to tell that it is really that much better
compared into other coins or altcoins in the market as always.

If you cant really be are up that kind of probability or condition then its up to you whether you would be buying bitcoin or not. Each person or trader would really be having their own approach
on things.
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August 07, 2023, 10:34:37 PM
 #110

Before one invest in any cryptocurrency, he needs the basic knowledge on the particular crypto he wants to invest in so that the mentality of getting instant income from bitcoin will not be there.
It is true that whatever form of investment we make including investing in Bitcoin, we will never get instant profits. To get instant profits, in my opinion, this can only be done if we make an illegal effort such as one of them committing fraud.
I totally agree that before making an investment we must learn basic knowledge about the investment that we are going to do first and increase our knowledge before making the investment including investing in crypto, especially in Bitcoin. Don't let us invest just because we hear the beauty that will result from an investment.
I'm sometimes still confused by some people who have the wrong perception of investing in Bitcoin by having the perception that they will easily get big profits instantly from investing in Bitcoin, even though in reality it's not that easy, it takes time and several other factors to get good profits.
I don't know if such a mindset actually exists because of their lack of experience and knowledge or is it because their logic is covered by their greed or because of other factors?. I'm still wondering what exactly is the most influencing factor for someone who has the mindset "investing in Bitcoin can get instant and big profits" like that?.


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