Bitcoin doesn't give you instant 100 percent profits

[reizella28]

for those who just understand bitcoin, what they have in mind is bitcoin for profit, they don't think about the risks of their investment, they don't learn first. many of their new participants suffer losses and they leave the world of digital currency investing.

Most people who want to profit instant without such losses have a mindset like that, maybe they join Bitcoin due to they hear some people profit a lot here not knowing the bad side of Bitcoin which is the risk of it's volatile nature. Worst thing is that if they might loss some funds they would take it personally and won't use it for their character development to improved in this industry. Still if you think it's not for you then it's not for you, you need some patience before you achieve what you want.

[Die_empty]

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.

Newbies in the bitcoin sector no matter their age or experience are like children, they won't stop asking questions. It might look unnecessary to you but for them, it is an important question. Sometimes I get exhausted because of some bugging and stupid questions from my children but I have to keep giving them answers because that is the only way they can be guided. I don't blame them for asking these questions because there are so much false information about the Bitcoin space and this is the best forum to ask such questions. We have the responsibility of answering these questions if we have interest, time, and the opportunity.

It is good they are asking just questions because we have seen many newbies that come up teaching threads about issues they know absolutely nothing about.

[crypticj]

Agree. I know one friend who thought that if he will buy Bitcoin he will make x10 the next day. In the end, he lost 10%, got scared, sold crypto, and said that it's a bubble and no one should buy it haha

So yeah, people who don't know what Bitcoin really is think that it's easy money.
That's why we should educate people about Bitcoin. If people will understand that in order to gain profits you should HOLD bitcoin. If more people will be just holding it, it wouldn't flactuate that much and will grow more stadily.

[Bazzu]

Of course, in this forum there are many people who make strange posts or strange topics, but if you don't like it, you can ignore it.
I think you don't have to worry about what people do in this forum because there are moderators in this forum
which of course the moderator will delete posts or topics that are not of high quality.

indeed a beginner
many think investing in btc is a way to get rich quick.
but surely with time they will also know about the science of investing in btc and the risks of investing in btc because they join this forum.

[Supianto]

Agree. I know one friend who thought that if he will buy Bitcoin he will make x10 the next day. In the end, he lost 10%, got scared, sold crypto, and said that it's a bubble and no one should buy it haha

So yeah, people who don't know what Bitcoin really is think that it's easy money.
That's why we should educate people about Bitcoin. If people will understand that in order to gain profits you should HOLD bitcoin. If more people will be just holding it, it wouldn't flactuate that much and will grow more stadily.

We should educate people, I agree, but only if they are interested in it. I've heard a lot of stories of how people are trying to "promote" Bitcoin to their family, coworkers, friends and etc. And it's almost always a bad idea because people start looking at you as a cultist or part of a Ponzi scheme.

[irhact]

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.

Many investors of Bitcoin are only investing because of the stories that they have heard or seen on social media of how a particular coins has changed someone life overnight. The current trending story is of the guy that bought $25 worth $PEPE memecoin and turned that investment into millions of dollars. This is why people are now coming into the market thinking they can get same results.

Many people think Bitcoin can do the same things those memecoins do so they invest in Bitcoin but they don't even understand what Bitcoin is all about and that's very wrong because they won't benefit from Bitcoin future price increase as they'll be sacred and dumo their coins to leave the market.

[Stable090]

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.

Most people that have this mindset are newbies that are just joining cryptocurrency, most of them hear about bitcoin from their friends and some see it on social Media, they see people making money from bitcoin and they believe they can easily make free money also, if they invest any amount, in few hours or days they will be able to double their money, if they invest in bitcoin and they didn’t see their money being doubled, they might even be losing money after investing, then they will tag bitcoin as scam. whenever they are being introduced  to Ponzi scheme, they easily get deceived and they will invest, which at the end they will get scammed.

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.

I believe any thread related to this should be deleted by the moderator immediately, everyone should know that they can’t get this kind of return in bitcoin, everyone should know that bitcoin is not a Ponzi scheme, am sure you won’t see any platform that will want to pay that amount which you mentioned above, without doing anything, anyone that agrees to pay you just want to scam you. We should all learn about bitcoin before trying to invest, if you want to make money with bitcoin then you should be ready to read.

[cydrix]

It takes time for an investment to generate 100%+ profit.  In an investment, there is no such thing as instant.  All require time, effort, and knowledge.  It is more probable a scam if someone promises an immediate profit.  In addition, there is no such thing as an instant return of 100% in trading.  Like we must acquire trade, establish a trading plan, and wait for the appropriate amount of time for our trade to produce 100%.  It is essentially impossible to imagine Bitcoin's price doubling in a single second at the current level.

Sometimes we have to apply reasoning to distinguish between legitimate investments and fraud and scams.  For this, we don't need to study rocket science or conduct a thorough investigation.  any time a deal seems too good to be true.  It is definitely a hoax, not more likely.

[Kelvinid]

Many investors of Bitcoin are only investing because of the stories that they have heard or seen on social media of how a particular coins has changed someone life overnight. The current trending story is of the guy that bought $25 worth $PEPE memecoin and turned that investment into millions of dollars. This is why people are now coming into the market thinking they can get same results.

Influencers really got the attention of many greedy people who think that they become rich overnight. They assume that once they invest in Bitcoin, they will earn a profit right away. Many misinformations are circulated on the internet and these scammers take advantage of it while these greedy people are looking for it.

Many people think Bitcoin can do the same things those memecoins do so they invest in Bitcoin but they don't even understand what Bitcoin is all about and that's very wrong because they won't benefit from Bitcoin future price increase as they'll be sacred and dumo their coins to leave the market.

Not to wonder anyway. Developers try to trick investors (newbies) by giving them a promising word and giving them profit assurance but behind that, it is all just words, a broken promises.

[2double0]

Nobody thinks like that for Bitcoin, but I can say that traders getting involved in crypto will think that for meme coins that have the potential to bring good profits or lesser loss to their investments, and when these coins make profits to them, then they don't talk about percentage but the number of times they earn. Bitcoin is not so affordable that it would make anybody a millionaire with a $50k investment at its present value and every trader knows that. Those who want 100% returns will not wait for long but go for futures and most probably, lose their capital due to using high leverage.

[Marvell1]

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.

Newbies in the bitcoin sector no matter their age or experience are like children, they won't stop asking questions. It might look unnecessary to you but for them, it is an important question. Sometimes I get exhausted because of some bugging and stupid questions from my children but I have to keep giving them answers because that is the only way they can be guided. I don't blame them for asking these questions because there are so much false information about the Bitcoin space and this is the best forum to ask such questions. We have the responsibility of answering these questions if we have interest, time, and the opportunity.

It is good they are asking just questions because we have seen many newbies that come up teaching threads about issues they know absolutely nothing about.

I also never blame them even though answering such questions is boring, but that's how we can help newbies. I remember when I was new to the market, being a complete newbie, I always had stupid questions like OP mentioned, always looking for a get rich quick. It can be said that all of us have been like them, made the mistakes of a newbie. So don't be too hard on them, no one can grow up or be successful without silly beginnings. If we cannot help them, there is no need to criticize or disparage them.

[Cryptomiles1]

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

Normally that is what these sets of people do see for making quick profit, because when they reduces the tension of making quick money it would relief them from quick lose as well. So this idea of where to make so so and so amount per week and month is getting annoyed and unbearable.
For one to live long in the crypto race they don't have to include quick money or profits otherwise just a scam project could get them swipe off and left empty token in their wallet.

[karmamiu]

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.

Way back before 2017-2018, this was the method being used by those hypers to attract new users to bitcoin. Later did they know that they will lose more money instantly than gaining if they are not careful. People are attracted by the fact that they can earn instantly while sitting only at home scribbling on their phones or gadgets, but at the same time they also hate the idea of gambling since most countries deemed it illegal. The reality is that, investing into bitcoin and other forms of cryptocurrency is closer to gambling than any other. Yes, other investments can also have risks and could also be considered a gamble, but the people who are victims of this hype neglect that there is so much volatility on this asset compared to other store value assets.

[Wend]

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.

Newbies in the bitcoin sector no matter their age or experience are like children, they won't stop asking questions. It might look unnecessary to you but for them, it is an important question. Sometimes I get exhausted because of some bugging and stupid questions from my children but I have to keep giving them answers because that is the only way they can be guided. I don't blame them for asking these questions because there are so much false information about the Bitcoin space and this is the best forum to ask such questions. We have the responsibility of answering these questions if we have interest, time, and the opportunity.

It is good they are asking just questions because we have seen many newbies that come up teaching threads about issues they know absolutely nothing about.

I also never blame them even though answering such questions is boring, but that's how we can help newbies. I remember when I was new to the market, being a complete newbie, I always had stupid questions like OP mentioned, always looking for a get rich quick. It can be said that all of us have been like them, made the mistakes of a newbie. So don't be too hard on them, no one can grow up or be successful without silly beginnings. If we cannot help them, there is no need to criticize or disparage them.

Everyone has greed, and especially those who lack understanding, we can sympathize with them. As you also said, we were all newbies before becoming the experienced people we are today, so instead of complaining to them, we should offer advice to help them. I am also very allergic to get-rich-quick questions like that, but thinking back to when I first entered the market, I used to think the same way, so I hope they will find the answer for them.

[SamReomo]

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.

Those people think that Bitcoin is a magical coin that could multiply their investment into 2x or more but they actually are unaware of the real benefits that Bitcoin offers. Their main aim is to earn as much as possible in short time and that's not going to happen with Bitcoin. Bitcoin isn't a Ponzi scheme we in this forum know that better than others, and it's also not a get rich quick scheme, but a very valuable asset and futureproof technology that is helping millions of people. It has been a source of income for many people and it's helping businesses with its decentralized transactions.
 

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.

Learn to avoid those Newbies as they aren't aware of true potential of Bitcoin, and they mostly post to get an idea to earn $100 or more on daily basis which is an unrealistic goal for them and they won't be able to make even $10 a day because their aim is to earn the money. When it comes to earning or hard work they are lazy enough to do any work to achieve that level of earning.

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.

That's true, Bitcoin is a good investment for Hodlers who can hold their investment for decades to earn some good profits. It isn't for those who are dreaming of becoming rich overnight. Bitcoin is a very valuable asset of the ones who can hold it for longer periods, and the potential gains for those people will be very high.

[wxa7115]

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.

I think that what happens is that if you take a look around the internet you will see that "opportunities" like those are all over the place, and newbie investors end up believing that such a thing is possible, when in fact anyone that has any kind of practical experience in the markets knows that you cannot really predict how big or how small your profits, or your losses, could be.

And then when they hear from us that such thing is not possible they doubt our words, as this is the first time they have had their beliefs challenged by someone else, so they are not just going to accept what we say willingly and they will invest in projects which promise exactly what they want, with the obvious result they will get scammed by doing so.

[kryptqnick]

100% return on investment is just a 2x return (so, you invest $100, and you get $100 more (100%), which is a total of $200). If interpreted this way, I think it's a very realistic expectation from Bitcoin. Bitcoin doesn't have to deliver, and it won't happen overnight or very fast, but it's likely to happen within a couple of years from any point in time, I'd say (although sometimes it may take longer). So maybe the issue is with expecting fast profit, not the specific realistic return on investment.
If, on the other hand, 100% is supposed to refer to the probability of profit (a 100% guarantee of getting profit on one's investment), then it's not true, of course, even though with long-term investment it seems very likely that there will be some profit.

[$crypto$]

It takes time for an investment to generate 100%+ profit.  In an investment, there is no such thing as instant.  All require time, effort, and knowledge.  It is more probable a scam if someone promises an immediate profit.  In addition, there is no such thing as an instant return of 100% in trading.  Like we must acquire trade, establish a trading plan, and wait for the appropriate amount of time for our trade to produce 100%.  It is essentially impossible to imagine Bitcoin's price doubling in a single second at the current level.

Sometimes we have to apply reasoning to distinguish between legitimate investments and fraud and scams.  For this, we don't need to study rocket science or conduct a thorough investigation.  any time a deal seems too good to be true.  It is definitely a hoax, not more likely.

We have to think realistically where are there investments that offer such instant returns? Only stupid people get into that scheme but those who understand better still don't do it 100% in an instant and we have to be aware of that because after all investing is an asset that has to last a long time, sometimes the way beginners think is different they are always tempted by profits instant, so more are trapped in scam projects.

I will not differentiate with trading because in this case it is skill that is needed, if you have large enough capital in trading, the profit will be higher and vice versa with risk, but remember that trading is skill, not in terms of luck or random analysis.

Bitcoin is always misunderstood in the sense that when people enter into bitcoin investment then it will be 100% profitable even though that is the wrong view.

[Road21Bitcoin]

Bitcoin is becoming more mainstream due to the pervasive nature of social media, and with social media comes the modern snake oil salesman offering an instant cure. That may be the case for new people here, or new people in Bitcoin - their first impression of Bitcoin or cryptocurrency is through social media and crypto influencers, and got the wrong impression that is the road to riches.

If you are only starting to learn about Bitcoin today and trying to search the experiences of other people, there's a great chance that you will be bombarded with influencers promising instant wealth, or YouTubers or streamers exposing crypto scammers - you may surmise that crypto may be a scam but at least it's instant money. That could be the cause of some of the people here wanting instant gratification, not knowing that many members have been on the grind for many years.

[Magic-Money]

The cryptocurrency market has come to a point, many people are coming to Bitcoin with a mindset of get rich quick, which it doesn't work like that, but rather get rich is sure, when you invest a good quantity of Bitcoin and hold for a long, in other words entry point of your purchasing price matter a lot here in cryptocurrency market.