Bitcoin doesn't give you instant 100 percent profits

[Dr.Bitcoin_Strange]

Really, there are still people who envision Bitcoin as a get-rich-quick scheme, but the fault is always with the source of their information about crycurrency. Some people also become overwhelmed by the success stories they hear, so they just think it's about investing and taking profit within a few weeks or months of investment. Bitcoin is not a Ponzi scheme like most people think, but some people are not living around well-experienced Bitcoiners to teach them how the technology truly works, and they become too lazy to even browse the internet and get every piece of information they want. We are now in a digital world where you can get any information from the internet.

It is so unfortunate that some people always have the thought of how to expand their income, but they may not have the good plans to make the process of expanding their finances successful, and especially this kind of person takes those unnecessary risks that sometimes result in the loss of funds.

[eightdots]

A person's preferences determine how they move forward. If you are expecting an immediate income, it probably will not, and you are wrong. To have an idea about Bitcoin, we must first understand its logic. Anyone who sees the situation as just an income and a big win in a short time is mistaken. There is a long process here. I am one of those who think that this process will continue successfully. Those who say that Bitcoin provides 100% profit, I think they do not know much about this system.

There are many resources and channels on this topic. Research is free. I think they should try this.

[taufik123]

-snip-
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.

All they think about is instant profits, come to the crypto space and expect to get 100% returns in an instant.
That's what they always think about without thinking about the risks of what will happen if the investment is not as expected.

The long-term investment period of 1-10 years is an ideal period, but for those who want to get quick profits it will not be suitable, there is no profit that they enjoy in an instant. It also depends on what strategy will be used. Short-term, medium-term or long-term.

Some of the noise about instant profits that keep getting asked about will continue to exist.
This is because some newbies don't read or search for appropriate posts so they keep making them and keep asking about them.

-snip-
 Those who say that Bitcoin provides 100% profit, I think they do not know much about this system.
There are many resources and channels on this topic. Research is free. I think they should try this.

And of course, they only know about the profits to be made. It is not that easy to get 100% in an instant.
The bitcoin market is volatile with high volatility, it is also riskier to lose faster.

[CryptSafe]

OP, there is a saying that says "patience is a virtue" and I have come to realize that not everybody has that patience to learn and be educated in knowing what they ought to know to gain more knowledge to sustain themselves on the long run.

Initially, Satoshi invented the Bitcoin for a better placement of money for daily transaction whereby one can use it for buying and selling of goods and services but the reverse was the case as the process was hijacked by whales who turned it to an investment plan. Since then, the generation that comes in sees it as an investment plans and therefore it as a get rich quick scheme to them because of bitcoin price volatility.

Newbies these days are so desperate to get rich quick without knowing how the  process works so they could play or tag along as to get things going fine for them but it backfires them into joining wrong hands and sometimes scammers who at the end scam them of their hard earned funds all in the name of x1000 and unrealistic return of investment that is not  guaranteed.

[Ziskinberg]

OP, there is a saying that says "patience is a virtue" and I have come to realize that not everybody has that patience to learn and be educated in knowing what they ought to know to gain more knowledge to sustain themselves on the long run.

Sad but that is the truth and we can't expect that all who buy Bitcoin today will hold and wait for the next bull market. Because it was hard for someone to become strong when their mind is already manipulated by uncertainties, they will seel then when the market corrections come.

Newbies these days are so desperate to get rich quick without knowing how the  process works so they could play or tag along as to get things going fine for them but it backfires them into joining wrong hands and sometimes scammers who at the end scam them of their hard earned funds all in the name of x1000 and unrealistic return of investment that is not  guaranteed.

They are not actually desperate but because these influencers showing money publicly and talking about easy money (which is not true) remains on their minds. While some people think that this would be the answer to their financial problems and invest even without knowledge. That is why they easily fall into scam investments and lose their money.

[Litzki1990]

Before we invest $100 and expect to earn $100 in profit, we need to think that the currency we invest in should double in value. That is, now the price of Bitcoin is 30000 dollars. If you want to earn 100 dollars profit by investing 100 dollars, then the price of Bitcoin must exceed 60 thousand dollars. People who usually expect this have various negative comments about Bitcoin. We should not expect so much from crypto currency.

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.

Investment is not something to impose on others. Maybe we can give some ideas to others about investing but we can never take responsibility for their money. And if there is profit or loss by investing, that investor will enjoy the full result of it, since we have no profit to impose investment on him, why should we impose investment on them.

[CryptSafe]

OP, there is a saying that says "patience is a virtue" and I have come to realize that not everybody has that patience to learn and be educated in knowing what they ought to know to gain more knowledge to sustain themselves on the long run.

Sad but that is the truth and we can't expect that all who buy Bitcoin today will hold and wait for the next bull market. Because it was hard for someone to become strong when their mind is already manipulated by uncertainties, they will seel then when the market corrections come.

Newbies these days are so desperate to get rich quick without knowing how the  process works so they could play or tag along as to get things going fine for them but it backfires them into joining wrong hands and sometimes scammers who at the end scam them of their hard earned funds all in the name of x1000 and unrealistic return of investment that is not  guaranteed.

They are not actually desperate but because these influencers showing money publicly and talking about easy money (which is not true) remains on their minds. While some people think that this would be the answer to their financial problems and invest even without knowledge. That is why they easily fall into scam investments and lose their money.

In as much as some are moved by the show biz of some influencers, some are still most desperate to making some ends meet as a result of their predicament so therefore, would want to go extra miles to making sure they ake out something no matter how it is without doing proper research on what they are about investing their funds. I believe some are also manipulated and deceived into investing too as they are in a quick hurry to invest while some too are just looking for where to keep their funds as a result of the excesses in their possession. Well I would not blame them for having it in excess though but they would receive blame for not doing the proper thin which requires them doing a proper research on the investment they put their funds.

[Yatsan]

Given how volatile the market price is, and not to mention how unpredictable market behavior is, it won't and it shouldn't be treated as an easy way to earn or be rich in anstant. This market is full of uncertainties; one day prices would go up with high rate and suddenly would fall. Just holding alone won't generate big profit especially if you have entered around $26k and if your capital is not as big as other profitable investors. It just varies. It is a good thing to invest and have expectations of earning profit but totally relying with the market behavior is not something which would generate considtency on profit or big outcomes. Would be always better to manage the risk whenever you are engaging into something, and also expectations.

[freedomgo]

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.

Well, you cannot really blame them because there are indeed some people who are willing to take the risks if they start to hear the word "100x profit in just (specific day)" but what they don't realize is that when it comes to these phrase(s) that are almost too good to be true, that literally translates into a clear Ponzi scheme and it is not literally purchasing any bitcoin in the market. Other than that, there is no such thing as overnight profits in the world of investments.

[uchegod-21]

There has never been a time that it was stated that bitcoin investment guarantees 100% returns. The rule has always been investment what you can lose and bitcoin is not a get rich quick scheme.
But some scammers who are always looking for a way to rip people their funds, manipulate every kind of unrealistic returns of investment to misleading unsuspecting investors.
I do not blame them for a start, but for such scammers to still be having victims now that even everyone is aware of the nature of bitcoin is what amuses me the most.

[JoyMarsha]

Something you do not know of, it is permitted to ask questions about it to have a better understanding of it. No one knows it all in crypto. Don't feel like the knowledge you have in bitcoin, someone has it also. Some people don't just because they are new crypto. Although with time, they will.

When a newbie throws a shitty question in the forum, don't rush to report the newbie post but rather give him an answer to what he should know and avoid in bitcoin.

If every one of us starts to snub newbies of their terrible questions and belief about bitcoin, what's the reason are we then in this forum? Is it not to lecture one another on bitcoin, so that we can not fall into the hands of scammers

[death69]

Really, there are still people who envision Bitcoin as a get-rich-quick scheme, but the fault is always with the source of their information about crycurrency. Some people also become overwhelmed by the success stories they hear, so they just think it's about investing and taking profit within a few weeks or months of investment. Bitcoin is not a Ponzi scheme like most people think, but some people are not living around well-experienced Bitcoiners to teach them how the technology truly works, and they become too lazy to even browse the internet and get every piece of information they want. We are now in a digital world where you can get any information from the internet.

It is so unfortunate that some people always have the thought of how to expand their income, but they may not have the good plans to make the process of expanding their finances successful, and especially this kind of person takes those unnecessary risks that sometimes result in the loss of funds.

Your words echo in my soul, as I've also glimpsed the perils of the "instant wealth" craze in the crypto realm. Like concocting a cake without instructions - fortune might smile, but turmoil is more likely.

However, good news prevails: a better course exists. By unraveling the complexities of Bitcoin and its crypto brethren, we can unleash a world of staggering possibilities. Picture unveiling a clandestine sanctuary of wonders, bursting with unexpected delights.

Daunted or crestfallen? Remember, monumental journeys start small. And perhaps we'll all reminisce about crypto's early adventures, astounded by our leaps and bounds. Like being young again, starry-eyed and breathless for what lies ahead.

[Bitcoin_people]

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.

It is not possible to get rich overnight by investing in bitcoins because you need to invest for a long time to get more profit from bitcoins. But those who don't understand about Bitcoin may lose money if they invest, they need to acquire good knowledge about the market. There are some new investors who don't have a good idea about cryptocurrencies but invest and subsequently take huge risks. Investing in this digital currency can definitely change your life in the future but one thing to keep in mind is that it is not possible soon. Of course the Bitcoin market will reach a good point if the investment can be held for a long period of time that would be best.

[OcTradism]

It is not possible to get rich overnight by investing in bitcoins because you need to invest for a long time to get more profit from bitcoins.

Get rich is different in different stance. Your target of get rich is different than targets of other people. If getting rich is like having your capital increase of 20% or 30%, you can get rich overnight with Bitcoin. Bitcoin does not have quick rise like that too often but sometimes you will see it.

However I believe that getting rich with many people is like having x2, x5 or x100 of their initial capital. Surely true that you won't get it overnight with Bitcoin and it is especially impossible with marketcap of Bitcoin nowadays.

But those who don't understand about Bitcoin may lose money if they invest, they need to acquire good knowledge about the market.

They don't have to understand technical things too deep. They must prioritize their time for learning about Psychology of market.

Psychology of market cycles

[ZAINmalik75]

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.

Some people may be investing in Bitcoin for big profit but there are also people who want to protect their capital and we all know that Bitcoin is an excellent choice for this.
A large amount of investment is not for every investor. Only big  investors can acquire large amounts of Bitcoin Because the price of Bitcoin is the highest in the cryptocurrency market and it requires a good amount of money.

In the cryptocurrency market where the entry point is very important, the point to sell in the cryptocurrency market is also very important,Because there will be a lot of people who didn't sell Bitcoin when it touched  $67,000 because they were tempted to make more profit and then Bitcoin came back to $15,000. So this point should never be overlooked. For me both buying and selling point are necessary and should be cared about it. when you buy Bitcoin at low price and after that you see that selling here you will get profit then i think we should book our profit and wait for dump to take entry again. In this way we can increase our Bitcoin rather than just holding for certain period of time

[jossiel]

They're newbies and not aware of what Bitcoin really is. Yes, it's an asset and investment but it's not just going to give that much return over time.

There has to be a lot of tough times before someone manages to see that he's able to make profit from within.

It's a sad thing that this thought from most that Bitcoin is still like an overnight investment that everyone can earn from.

[Japinat]

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.

The sad thing about this is that even if some people already knew that they are about to invest their hard-earned money towards some specific Ponzi Scheme, they are still willing to take the huge risks in-exchange for the money they could be pulling is large enough (which is not really certain even if it's almost guaranteed) for them and besides, it's an easy money aside from the fact that it's overly a risky type of investment.

[Stella Mese]

most people, of course, want to get quick profits from investing in btc, and want big profits, but I don't think there's anything wrong if people want to get rich quick from btc and get big profits, because most human nature is like that, and I myself also want get rich quick from investing in btc and want to get big profits. and in my opinion it's not wrong as long as the condition is that as a btc investor we have to accept the fact that the btc price is hard to rise or we only get a small amount of profit, or get a loss.

[landheer]

A person's preferences determine how they move forward. If you are expecting an immediate income, it probably will not, and you are wrong. To have an idea about Bitcoin, we must first understand its logic. Anyone who sees the situation as just an income and a big win in a short time is mistaken. There is a long process here. I am one of those who think that this process will continue successfully. Those who say that Bitcoin provides 100% profit, I think they do not know much about this system.

There are many resources and channels on this topic. Research is free. I think they should try this.

but we as btc investors must be able to understand those who always want to get rich quick overnight, because they still don't know about btc and don't know how to invest in btc the right way, but of course with time usually those who have a strong mentality will learn from their experiences and surely will potentially be a successful btc investor.

[Texac]

most people, of course, want to get quick profits from investing in btc, and want big profits, but I don't think there's anything wrong if people want to get rich quick from btc and get big profits, because most human nature is like that, and I myself also want get rich quick from investing in btc and want to get big profits. and in my opinion it's not wrong as long as the condition is that as a btc investor we have to accept the fact that the btc price is hard to rise or we only get a small amount of profit, or get a loss.

It's human nature to be greedy, so we don't need to get upset with others because when we were newbies, we used to have such thoughts. it would be a lie if someone said that they have invested in bitcoin but they don't want to get bigger and faster returns. Bitcoin is considered risky but has the potential to provide faster and larger returns than other assets like gold or real estate.  That's why we take risks to invest in bitcoin with the desire to change lives faster, so don't try to lie that we don't want high and fast returns.  None of us is without greed and envy.