Bitcoin doesn't give you instant 100 percent profits

[michellee]

If I met people like that in real life, I would not recommend investing in crypto but I would say it's better for them just to keep working as usual and don't think anything of it. Profiting daily is possible but it depends on what you do.

But if he intends to invest in bitcoin, he can choose the long term because if it is short term, the profit is not as big as if he can keep it for the long term. It would be like holding gold or land for the long term, which could pay off handsomely.

Ponzi schemes can give you 1000x after investing. But the problem is that the risk will also be the same as the profit you get, namely losing all the money in a short time. But it's this Ponzi scheme that seems to interest many people so they are willing to invest in the program but are not ready to lose their money any time.

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[Mr.sprin]

it takes a long process to benefit from investing in bitcoin, first you have to be patient, don't panic quickly, and don't be hasty in drawing conclusions.
most people only think short term they will give up bitcoins to make a small profit this is the nature of careless people.
many people make big profits because they learn and have high patience from hard work so they get big profits.

[uneng]

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.

It's because these people are looking for hyip and ponzi schemes where they can deposit their cryptocurrencies for fast gains. Probably they have seen such propagandas on social medias or friends' groups, so they look for this kind of information on the forum as well. Since they are newbies, they aren't aware about the fact such schemes are scams where they lose money. What we can do is to educate them on this matter, telling them to not invest in opportunities which aren't realistic.

On the other hand, it will never stop, so get used to be annoyed, because there will be always newbies in crypto universe, and newbies always commit mistakes, believing in false promises of profit.

[sulendra12]

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.

Most of the people came to this forum because they get told by people that crypto is an "easy" way and quick way to earn money hence they are just curious about the process and want to know more about that or they are just bunch of trolls to flood the forum. I'm strongly sure that they don't even visit the thread they made anymore after getting flooded by users.

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.

Well, if anyone could read then people wouldn't ask anything. I don't think it's a good thing to imagine anyway. Some people out there won't bother with long-term investment, they can't hold more than a year because of the financial problem or their situation. Can't really full blame it to them without their giving any explanations.

[Renampun]

it's all a matter of mindset, I see a lot of people being deceived into investing in bitcoin because they really want ROI and fast profits (in severe cases, they have no idea what bitcoin is) so many of them are ultimately deceived by scammers or ponzi schemers.

I never want to teach someone about the steps to buy bitcoin if that person thinks that bitcoin can make him rich in 1 night, is bitcoin a magic tool?

bitcoin is not for everyone, bitcoin is only for people who want to change their lives and the world and contribute to it by buying bitcoin and hodl.

[imamusma]

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.

In most cases, beginners tend to make mistakes first and then ask questions when they have a problem. This often happens with ponzi scheme scams, even though we have told you many times in several places, their greed and desire to get rich quick seems difficult to stop.

One question, do you often encounter beginners asking whether an investment that promises fast returns is worth it? I hope you don't find it until the newbie finds the community after being scammed.

[serjent05]

Ponzi schemes can give you 1000x after investing. But the problem is that the risk will also be the same as the profit you get, namely losing all the money in a short time.

A Ponzi scheme can't give you 1000x of your capital worst they may even run away with your money. You are lucky if you can manage your fund to get a 10x profit since Ponzi Scheme is proven to collapse when the number of people paying out is way more than the number of people who are getting in or the inflow of money.

But it's this Ponzi scheme that seems to interest many people so they are willing to invest in the program but are not ready to lose their money any time.

The Ponzi scheme triggers greed, and most people are greedy so that is the answer to why many people fell into this Ponzi scheme trap.

One question, do you often encounter beginners asking whether an investment that promises fast returns is worth it? I hope you don't find it until the newbie finds the community after being scammed.

Most victims keep their investment in the Ponzi scheme by themselves since they wanted a result before sharing it with their friends.  The only encounter I had is when the Ponzi scheme has this affiliate system where members are required to get a number of referrals before they can be able to cash out.

[hyudien]

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.

This is more like your complaint about beginners, but I will put it aside and will not blame what they are looking for because we have also been at that point and continue to learn from time to time about investing. So in the end everyone will understand the concept of investing over time and I make sure that they will learn a lot when they have investment intentions. Regarding Bitcoin or any type of asset whose investment goal is more suitable for the long term, and if the context is to generate quick profits, the short solution is gambling. Not that I'm pushing him to gamble. Thinking of continuing to learn and wishing they had found everything at the right time. Do not justify the search process, but see how he dared to start with all the risks.

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.

If you are more of a novice then this thread should refer to the economics section. Lol

With the keyword: investment

[AnonBitCoiner]

Actually they are unable to wait for the best whenever they learn how to manage the risk and to keep calm for some years they will easily be achieved their goals. Everyone should learn that daily profit is not necessary but avoid losing is necessary and as they think that they will get benefit in just a single day so they are wrong because every success needs some time.

Those who makes such post may be have no knowledge about the market and about the situations so first they have to make a concept after that putting step towards achievement will be an actions of satisfaction.

[Faisal2202]

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.

Absolutely right, actually from my perspective most of the newbies are being controlled by social media, because once you like or subscribe a content related to trading you will be seeing more videos related to it and your mind will start to think of enjoying the same in BTC trading while they do not see the other side of BTC trading. This will lead them to think about 100% profit in BTC.

I have been reading across here and it annoys me seeing people or newbies...

It not only annoys you, i also sometimes get annoyed by such posts. one reason i have already mentioned and there are many others such as hype, stagnant mindset, and one more thing is, most of the newbies like me, started to trade in ALTs which is in my perspective is more difficult than BTC. And few newbies know that, so they always step foot in BTC trading first and wish to make 100% profits and many succeed to make too, even more than 100%. --> i think it's way better here because its related to BTC trading and the BTC concept and of course to the newbies who will come later and will ask the same question again (definitely).

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

Yeah, that's exactly the same reason i already mentioned, because once you heard of big profits or watch many videos on social media related to big profits you will feel greedy and also wants to earn the same in a few minutes because many traders upload there trading videos which got big profits and don't show the videos with losses because they know if they do it they will lose followers and friends like you (no offense because i also fell prey to these once).

[DiMarxist]

Bitcoin investments don't make person get rich quickly, or faster. Regarding Bitcoin or any type of asset whose investment goal is more suitable for the long term, and if the context is to generate quick profits, the short solution is gambling, it takes a long process to benefit from investing in bitcoin, first you have to be patient and endure, don't panic when the price go down or dropped, and don't  withdraw your self so quickly and conclude it.
Most people only think about the short term, they will give up, to make a small profit this is the nature of careless people.

[Distinctin]

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.

Newbies are less knowledgeable or no knowledge at all that’s why they follow a very wrong mindset. But the moment they start making mistakes and lose their funds, that’s the only time they will learn that bitcoin never guarantee short term profits. Though day traders are making it possible, but if you are a sole investor, then always invest bitcoin in long term as that’s the only you will be in profits. Do not believe in crypto influencers, all they think is for their own profitability.

[Russlenat]

Not just for bitcoin alone, but in all types of investments, you cannot expect for 100% instant returns in just a short time. You need to work out your investment. And by investing in bitcoin, you need to hold it for long term without being affected by FUDs in the market and will not be bothered by price fluctuations that are constantly seen in the market. And at least never believe in 100% profits, especially if you only invest at a minimal amount. Bitcoin investment may prosper but it can never guarantee consistency in profits all the time.

[Wakate]

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.

Anyone that has the mindset of entering into the market to get rich as fast as possible would be able to do that when they are holding random cryptocurrency projects in the market because this is what is gonna give maximum profits than holding just a single coin in the market.

It is good fro us to dyor first before planning to buy and accumulate any crypto project since there are a lot of cryptocurrency projects in the market with strong team and huge community. We need to know where we will be putting our funds just to make sure that we don't end up with a rug pull project. Get into the market and go for what we think will work for us after we have done some research.

[Fivestar4everMVP]

We all must understand that no body is an island of knowledge, today, you are no longer a newbie does not mean you weren't one once, and whatever questions newbies ask on this forum which does not sit well with us, know it that you've probably asked same or similar questions when you were a newbie, might be, or not be on this forum you asked, the fact is that, you several times asked a noob question when you were a newbie, and if those around you were patient with you back then, then be patient with newbies of today and their supposed stupid questions, sooner or later, they will learn, and become OGs like anyone who considers him or her self an OG.

Bitcoin is not a "get rich quick scheme" - yes.
And the only best way to benefit from bitcoin investment is to invest for the long term - yes..
As time goes, newbies will learn, let's keep educating them.

[mv1986]

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!

That is not entirely true. For some it was indeed a sprint instead of a marathon. The gigantic returns that Bitcoin brought about in the first couple of years actually triggered a lot of people to start dealing with it in more detail. When I first talked about this thing called Bitcoin, hardly anyone was willing to listen, but once it exploded for the first time and got media coverage, a lot of those people were willing to discuss the topic. You have all kinds of interested parties then. Those who want to catch an easy 10x overnight, but also those who are interested in the technology and potential long-term impacts and obviously, that will never change. But the speculators are an important part of the ecosystem as well. Yes it is annoying at times because some of the posts are intellectually disappointing, but in the end even those who are real crypto gamblers do create liquidity/volume, which is essential for the ecosystem to grow.  

I'd rather not pay too much attention to posts like "how can I double my money as quickly as possible". Better say "go to a damn casino and put everything on a color". But I feel the same when these weird topics are started.

[glendall]

I also can't stop thinking about people who are willing to sell all their investments for bitcoin in the hope of getting 1000% profit
but people's thoughts are different, so we also can't impose our will on others in investing,
and as we have seen before, if we can be patient, BTC can provide the same benefits from our long wait,
all return to each to accept the risks and benefits of btc itself all have their own way

[Twentyonepaylots]

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.

Newbies are less knowledgeable or no knowledge at all that’s why they follow a very wrong mindset. But the moment they start making mistakes and lose their funds, that’s the only time they will learn that bitcoin never guarantee short term profits. Though day traders are making it possible, but if you are a sole investor, then always invest bitcoin in long term as that’s the only you will be in profits. Do not believe in crypto influencers, all they think is for their own profitability.

Agree with these since the best thing to consider as a newbie is to really learn everything and as you go on learning it, you can go on with long term investment first by investing in bitcoin since it is the strongest one among others that could make your investment be secured in a way. It is hard to go on trading without that solid knowledge and experience since you would just end up losing a lot of the money you set aside for this. So, having experience on trading with the money you are willing to lose at first is what you can do so that you can have the experience you need and also you can asses if trading really suits you or are you someone much suited in holding your investments in long term period.

[qwertyup23]

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.

It's because these people are looking for hyip and ponzi schemes where they can deposit their cryptocurrencies for fast gains. Probably they have seen such propagandas on social medias or friends' groups, so they look for this kind of information on the forum as well. Since they are newbies, they aren't aware about the fact such schemes are scams where they lose money. What we can do is to educate them on this matter, telling them to not invest in opportunities which aren't realistic.

On the other hand, it will never stop, so get used to be annoyed, because there will be always newbies in crypto universe, and newbies always commit mistakes, believing in false promises of profit.

Ahh, classic ponzi schemes where they offer ridiculous amount of interest rates promised to be returned in a relatively short amount of time.

The only thing that is guaranteed and absolute in a ponzi-scheme is that they will almost and always pull out their money and leave all of the investors behind once they reach a certain amount of quota on their system. Yup, you may see your money increasing per day but 99.99% of the time these ponzi-schemes are scams designed to attract investors and steal all of the money away.

People who believe that BTC gives you 100% profits are either ignorant on the system or newbies who does not have any clue on how it works in the first place.

[Oilacris]

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.

Just let them be, newbies or to those first timers wouldnt really be hearing out others suggestion and advises when it comes to their investment approach which it is really that very wrong on whats up into their minds. They would really be able to experience those worst thing once they get scammed, it would be pointless on telling them on whats the truth because they would really be following out on whats their mind and emotion tell them.

It is really that common on having that greedy approach when it comes to Bitcoin just because of those scams and ponzis around which do promise out good ROI on a short time period without even trying out
to mind or think realistically but well thats how it goes because people wont really be learning up things when they do suffer some losses but it could be actually be avoided if you are really
just that sensible and having that realistic approach on things which you should really be thinking at first but well thats how it goes and just let them be.