Investing doesn't guarantee you to be rich

[DevilSlayer]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

2. INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge. You have money to make investment but why don't you have spre money for your education? Lack of knowledge will lead you to incur losses and the only one to cure it is to make an investment in yourself. The investment that you will do is not for short term only, but it can help you to achieve a lot of great things in life. So what are you doing now? Don't hesitate and make sure that you should invest in your mind. This is one of the greatest decision that you ever made.

3. RULES: Creating rules for yourself and following it is the next step. The reason why there are a lot of people who wants to be a trader and investor because of the FREEDOM that they can have when they are doing it. It is the freedom because there are no specific rules that they should follow. The know that they can buy whenever they want, they can trade whenver they want and they can make money whenevery they want but it doesn't mean that you will not experience lossses. This is where the rules will kick in, You should have rules on what type of investment you will make, when you will entry, what is your cut loss percentage, when you will sell, how much you will allocate and knowing if the RRR is good or not.

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

[1715225929]

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[Patrol69]

Of course investing can never guarantee that you will get rich. But investing has a chance to become rich. You have invested with risk and you can expect to earn a lot of profit from this investment very soon but those who have not invested cannot expect to earn this profit even if they want to. Investing is a much better decision than hoarding your money. However, there is no substitute for risk taking when investing.

DESIRE:
INVESTING ON MIND:
RULES:
ACCEPTING THE RISK:
PLANNING :
CONFIDENCE :

Every investor has willingness to invest, investment mentality, and risk but those who are real investors must plan well before investing, know the various investment rules and have confidence. Those who have all the above qualities are the ones who mainly earn profits by investing.

[mvdheuvel1983]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio.

It is only a naive person that thinks this way. Or maybe someone who is overly optimistic and has a disillusion about how reality works. And people in this category shouldn't even think about investing in bitcoin or in anything for that matter until they get the proper a perspective.

INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge. You have money to make investment but why don't you have spre money for your education? Lack of knowledge will lead you to incur losses and the only one to cure it is to make an investment in yourself. The investment that you will do is not for short term only, but it can help you to achieve a lot of great things in life. So what are you doing now? Don't hesitate and make sure that you should invest in your mind. This is one of the greatest decision that you ever made.

I would write that we should invest in knowledge and invest in experience. Go to an older more experienced and successful person and humbly request that they take you under their wings and mentor you. They should acts as role models whose footsteps you should follow. You should sit with them during investment meetings, you should go with them conferences, you should observe them and ask intelligent questions. That's investing in knowledge and in experience.

[ancafe]

The risk will be comparable to your decision to place capital in investment, if the capital you use is small then the risk is also small and vice versa, investment is not only talking about wealth but how you prepare a strategy to get, with that advantage you will produce wealth slowly and regular.

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

The points that you submit have represented everything that must be done by people who want to invest, but I want to add a little about the consistency where we must be observant in seeing opportunities under any conditions. If people do not have large capital, then make an investment scale using the purchase method as suggested by many people in the forum.

Investment must be carried out routinely in order to increase the amount of assets owned and the last should never think of getting wealth in a short time because there are many processes that must be passed and pay attention to every risk that needs to be minimized so as not to get caught up with panic in the condition of prolonged correction in the market.

[hd49728]

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

It's hard for newbies to trust themselves in this market.

They might trust themselves at beginning but when they read news, fud, see price crash, their confidence will vanish quickly. They don't have enough experience to know that volatility is for short term and long term price will have less volatility up or down. It has very sharp growth since 2009 till 2023 with many big volatile price movements in those years.

They must live in this market and with time they gain experience which is important for them to trust themselves.

[GeorgeJohn]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio.

Actually you are of good point mainly here, but i will tell you that those people who is a day old or new for investment are the people that will not know the strategic way of investment or have such misconception of investment by thinking that investment is a pathways of getting rich, its clear that its a capital lie, because if you don't know exactly the terms and conditions or understand the rudiments of investment you will not be successful in that investment, you can only be successful for investment when you know the principles of the investment, some investors today get lost of their investment due to lack of understanding of the investment, while some of the investors prosper, propagate due to the ability of studying and understanding the investment, its when you microscope business and know it too well, it's when you will become successful and get rich.

[QueenVera]

I would write that we should invest in knowledge and invest in experience. Go to an older more experienced and successful person and humbly request that they take you under their wings and mentor you. They should acts as role models whose footsteps you should follow. You should sit with them during investment meetings, you should go with them conferences, you should observe them and ask intelligent questions. That's investing in knowledge and in experience.

Go to an older and more experience person and they'll tell you Bitcoin is a scam because they don't understand it or are scared of it like some famous investors condemning Bitcoin. Investing doesn't guarantee you riches but it takes you closer to been rich. Investing in the right things is all that matters.
If you invest in scams, you'll lose your money or if you invest in ponzi project or those just pumping because of hype then you  would lose but when you invest in a solid project like Bitcoin, you can never lose as you aren't going to sell no matter how bad the market is going.
You just have to continue holding and no matter how long it takes, at the end of the day you'll rich in the future because you held your coins. You don't need any complicated education to hold your Bitcoin, and by just holding you have invested which can then give you riches.

[Helena Yu]

To be fair if you're trading a shitcoins, you have a chance to become rich, but the risk is very high.

Since trading a shitcoins is like gambling and not advisable, most people recommend to learn a new skill that will help you to earn higher salary and this make you can start to invest in Bitcoin. I'd say investing in Bitcoin is very safe, it will not lost as long as you keep it secure and you can do anything with your coins even your country forbid to hold or use Bitcoin.

[bussybuddy]

So the question is how can we make our investing career to become successful?

IMO, the view of success with a certain field also depends on the thought and experience of each person, it cannot be assumed that someone's success is also the goal of everyone's success. However, looking at the way in which we invest to get back the values ​​​​in life such as material, spiritual, reputation, ... then this can be very broad and can be looked back at right from the point of view we start with it. I understand some things don't come naturally but by luck, how everything turns out is a reflection of what we've done before, we're in an environment that is so full of joy, so to speak. Due to the chaos of different knowledge and values, aiming for balance in life will be seen as a starting point for success.

[Litzki1990]

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

Those who are interested in investing are advised to invest as much money as you can afford to lose. This is a very big money risk. Because there are many chances of losing money. That is why the term risk-taking is associated with investment in this way. A certain amount of money, i.e. money that will not affect your finances if you lose it, should be risked.

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

Planning plays a very important role in investing. Risks like investments should never be taken without planning. We have to plan beforehand as part of our plan what amount of money can be invested, for how long the investment should be held, at what time the investment should be made.

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

We lack the most confidence to invest. I have a doctor I know who always advises his patients that if you believe in yourself or are confident in yourself, you are 30% healthy. That is, the importance of self-confidence in every work is immense. So before investing you have to have confidence and then invest. So that you always have faith that you will benefit from the investment.

[posi]

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

It's hard for newbies to trust themselves in this market.

They might trust themselves at beginning but when they read news, fud, see price crash, their confidence will vanish quickly. They don't have enough experience to know that volatility is for short term and long term price will have less volatility up or down. It has very sharp growth since 2009 till 2023 with many big volatile price movements in those years.

They must live in this market and with time they gain experience which is important for them to trust themselves.

For me, trust is the most important factor in investing, because only when we have faith in bitcoin, and believe in our choices, we are immune to all the negativity around us. We can buy other people's knowledge, but trust is something we need to build ourselves, and to gain trust, experiencing the market is the only way. Trust cannot be bought, can not be obtained through the advice of others, but must be with your own experience.
Many people have the same knowledge, but their beliefs in the market are different, so the results will also be different, so many people have knowledge but do not necessarily succeed.

[lovesmayfamilis]

To invest something, you need to have an amount that you can forget about for a while and that you can safely do without. And of course, in order to fulfill your dream of wealth, just investing once will not lead to the desired result.  That is, in addition to investments, you should not just sit in anticipation of wealth but should constantly develop and have other earnings, from which you will regularly replenish your account for future growth.
We will not talk about the fact that you need to know completely where you are investing money since ignorance will certainly lead to losses, but each time you receive any profit and reinvest your profit, it is advisable to diversify your investments into several sources. For example, in addition to Bitcoin, real estate always remains in demand, and advantages from different sources sometimes become more profitable than participation in one thing.
In a word, any money should not lie in dead weight but should always work.

[Mpamaegbu]

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

I love this part. In fact, this should be the hard nut to crack for anyone who goes into business. Sadly, this is the part a great number of people don't even want to contemplate or find out. They want to assume that the path to profiteering should be easy and smooth. For me, the first step is even to think of loss before profit taking. The first thing I ask about any business I'm getting into is the risk and loss aspect before the "mouth watering" ROI which is often the one pushed forward. There's no business without risk, investors should seek the risk and loss out first to avoid unplanned outcome later.

[worle1bm]

To be fair if you're trading a shitcoins, you have a chance to become rich, but the risk is very high.

Since trading a shitcoins is like gambling and not advisable, most people recommend to learn a new skill that will help you to earn higher salary and this make you can start to invest in Bitcoin. I'd say investing in Bitcoin is very safe, it will not lost as long as you keep it secure and you can do anything with your coins even your country forbid to hold or use Bitcoin.

I believe if you are trading in shitcoins you have little chance of getting rich if you sell timely by making right judgement of buy low sell high but very few are lucky to do so.But there is full guarantee that creators of that shitcoins,whales and influencers whom you follow for the investment advice will become rich after dumping it on normal people.The most of projects which were in hype at one time where do they stand now? People again do the same mistakes with investment in shitcoins and loose money.

[Rabata]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

I don't know how to drive a car but i start the car with just holding the steering wheel. I might get a little farther out but after a moments i will got into an accident. I think trading or investing whatever it is called if someone starts without knowing the proper way there can be an accident like driving that car. An investor should consider the factors that you have shared and also consider various things before an investment. We often see frustration among investors. There will be no shadow of disappointment among those who invest knowingly about Bitcoin. Maybe they are in loss but at some point they will come back to profit. There are many things to consider. An investor has to have confidence along with the plan as well as develop the mentality to accept risk otherwise the investment is not possible to be successful.

[Hyphen(-)]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio.

Such a mindset is for new investors who did not know how the process worked in both the good and bad days of the Bitcoin market; some of them believe that because they were able to raise money for an investment, they must be able to make a lot of money from it because they have heard so many stories of people who were successful through Bitcoin investment.

1. DESIRE:
2. INVESTING ON MIND:
3. RULES:
4. ACCEPTING THE RISK:
5. PLANNING :
6. CONFIDENCE :

All of the points mentioned above are very important for an investor, but not all incoming investors consider them to be important because they believe that getting the capital is the most important thing.

I'll add mental preparation to the list because some people become emotionally depressed as a result of how the loss has affected them mentally, which is completely incorrect; one must be mentally prepared and willing to take risks in order to succeed in Bitcoin investment.

[S A KHAIR]

The market is a battleground and bitcoin is a financial market. It is not exactly the same as gambling, but it is a part of gambling, where there will be winners and losers. Well, not everyone who invests will get rich because to become rich we need to take other people's money. The government is not printing money and pumping bitcoins up to make us all rich, but players like us are taking money from each other.

[Inwestour]

Actually you are of good point mainly here, but i will tell you that those people who is a day old or new for investment are the people that will not know the strategic way of investment or have such misconception of investment by thinking that investment is a pathways of getting rich, its clear that its a capital lie, because if you don't know exactly the terms and conditions or understand the rudiments of investment you will not be successful in that investment, you can only be successful for investment when you know the principles of the investment, some investors today get lost of their investment due to lack of understanding of the investment, while some of the investors prosper, propagate due to the ability of studying and understanding the investment, its when you microscope business and know it too well, it's when you will become successful and get rich.

No one said that investing is easy, just as no one can guarantee that investing in bitcoin will bring profit, because it is not enough just to buy bitcoin and wait for profit, those who bought bitcoin at a price of 50-60k can confirm this. Perhaps many of them have already sold at a loss and are now frustrated with investing in cryptocurrencies.

To make a profit from any investment you need to have good knowledge in the field in which you are investing, otherwise it can be like a lottery. Those who buy bitcoin now and those who will buy it at 100k (I assume that there will also be such) will get completely different results, although both will invest in bitcoin, but some will make a profit, while others may suffer losses. Therefore, no one can guarantee you profit except yourself.

[initim]

If you don’t invest, how do you tend to make more money? Keeping money in the bank these days is a waste of effort. The purpose of investment is to make a profit and not necessarily for riches.

Please don’t get me wrong, Investing can make somebody rich and at the same time can make one poor. This is why portfolio diversification is always advised. If one investment goes bad, others may not because all investments can go bad at the same time.

We should also note that not all investments are risky so choose wisely when investing. Sometimes, the higher the risk, the higher the return so before considering any investment, it is important that we carried out due diligence.

Research before investing cannot be over-emphasized. Bitcoin as a financial market is not predictable so whichever you choose to invest in, be ready for the outcome.

In conclusion, investing doesn't guarantee riches because you may lose or gain. The gain may not even amount to wealth.

[stomachgrowls]

5. PLANNING

This is what you should really be having on your mind but actually all of those factors been mentioned on the op is really indeed that needed overall if you do really tend to engage with investment. Of course
you would really be needing different things to become success and even having needing that sort of luck when dealing up with investment because we know that no matter how hard you would try,
if things doesnt work on you or it isnt really that something for you then you would definitely fail.

Getting rich isnt something that anyone could able to achieve.You would really be needing to pass lots of trials and errors before you could be able to succeed in life.This isnt a status on which
someone could just simply able to attain on the time that they would really be wishing. This is why when it comes to investment decisions then you shouldnt really be relying into others calls
and suggestion because we are all just that risks-takers here on this market.Its never been that worth for you to listen into those people.
Act according into your own analysis and knowledge plus with a bit mix of intuitive approach.

[Dunamisx]

So the question is how can we make our investing career to become successful?

There are many ways to make good utilization of the advantages in making an investment, we have to define the purpose for our investment first, are we going on a long term investment or short one, we also needed to what exactly about the kind of investment we are making, we need to have an idea about making an investment especially when it comes to bitcoin investment in other for us to stand more chances of making profits, this will also help us in knowing when is the best time to invest, hodl and sell our asset, how to store them and then monitor the network flow on the bitcoin price through speculation.

[m2017]

~snip

I like the topic title. Indeed, investing doesn't give any guarantees and this is not the road to wealth, but without investing, in principle, it is impossible to increase your wealth (of course, this is only one of the options for becoming rich).

You have listed 6 points that you consider important, but missed the most important point - this is 7. ACT. Without it, everything else is empty sound. Do you want your investment career to be successful? Then start taking action. It is at this point that so many turn off their path and they never achieve the desired results.

[TheUltraElite]

It is not exactly the same as gambling, but it is a part of gambling,

Spot trading is an EV+ gambling. Futures, Leverage and others are all EV- gambling. This should be made clear.

where there will be winners and losers.

Winning is only if you predict the correct movement. There need not be money involved directly, you could be dummy trading as well. I dont equate green numbers as winning here. Rather it is a question of whether you are in a total profit or not.

Well, not everyone who invests will get rich because to become rich we need to take other people's money. The government is not printing money and pumping bitcoins up to make us all rich, but players like us are taking money from each other.

The weak hands will lose the money they invested if they sell at a loss. If they are cunning they will hold it for long enough to watch it cross the break even and then sell. It is all a matter of patience here, along with all what OP has written.

[Yatsan]

No investment has assured returns which supports the idea that not all investment would make you rich in an instant. Also, successful investments mostly, suffered from failures for sure no matter how an investor is prepared of it. Some of them had thoughts of giving up. It already takes courage to start an investment so what more of continuing such thing. Risk will always be present and there are variables an investor won't have control of, which could contribute to an investment's downfall. In fact, most of the investors are atleast hoping for a breakeven between asset and expenses simply because negative outcome often occurs. It is okay to have desires or big dream out of something you have started but always manage the risk and expectations 'coz not all things would come as expected.

[Bananington]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets ...

They will not become easily successful just because they invested but they have a higher chance of being successful just because they have invested. Not all investors will become successful from it, and although their chances of being successful is higher, they still have a personal responsibility of ensuring it becomes a success by following up closely. Just like planting a seed and tendering to it till it matures into a tree.

[usekevin]

It will be the motivation for the traders to get into the crypto trade by their wish to win on one day by their trading.But the fact is only fifty percentage of the people get into the profit zone and became a successful people.But sadly fifty percentage of the people do of random trade and loss their all the inputs by less knowledge of the trade.So they leave the court of trade by the way of bad exist.The beginning traders learn with minimum capital as compared to bank credits.When you get into trading,you should ready to fake all the difficult and risk in the trading for stock and cryptocurrency.

[GiftedMAN]

To be fair if you're trading a shitcoins, you have a chance to become rich, but the risk is very high.

Imo I think anyone who's trading shitcoins are gambling because the end is always very bitter. Shitcoins gives you money today and takes away your capital and the profit next day because they have no history, life span or future, I would rather not involve in an investment at all than invest in a Ponzi business like shitcoins. In shitcoins your chances of getting rich is 5% compared to 95% possible losses that's involved so don't even talk about shitcoins because they have sent many souls to early bankruptcy because of the excessive risk and losses.

[Cryptomultiplier]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

2. INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge. You have money to make investment but why don't you have spre money for your education? Lack of knowledge will lead you to incur losses and the only one to cure it is to make an investment in yourself. The investment that you will do is not for short term only, but it can help you to achieve a lot of great things in life. So what are you doing now? Don't hesitate and make sure that you should invest in your mind. This is one of the greatest decision that you ever made.

3. RULES: Creating rules for yourself and following it is the next step. The reason why there are a lot of people who wants to be a trader and investor because of the FREEDOM that they can have when they are doing it. It is the freedom because there are no specific rules that they should follow. The know that they can buy whenever they want, they can trade whenver they want and they can make money whenevery they want but it doesn't mean that you will not experience lossses. This is where the rules will kick in, You should have rules on what type of investment you will make, when you will entry, what is your cut loss percentage, when you will sell, how much you will allocate and knowing if the RRR is good or not.

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

Discipline in the right magnitude is also needed, because one would face so many distractions and hurdles and is still expected to maintain the right investment mindset inorder to succeed.
When bills become too much one would have to find alternatives instead of dipping hands into the investment portfolio. Also, associating with like minded investors could aid ones prospect of becoming rich with investment.

[serjent05]

1. DESIRE:

Desire makes one motivated so I agree that in order to achieve things we must have desire to do it else, we can only be good in the beginning and give up when the going gets tough.

2. INVESTING ON MIND:

Getting knowledgeable on our investment is a must.  We cannot see the risk and the potentials if we don't educate ourselves on our venture.  This is one of the first thing we must do when we wanted ourselves to engaged in an investment venture.

3. RULES:

In investment we should have discipline thus there is a need to list certain rules to do and to avoid.  This will serve as our guide toward richness.

4. ACCEPTING THE RISK:

As the saying goes, no pain no glory.  Investment is always packaged with risk, engaging in investments means we are accepting the risk involved with it.  But it is not enough to just accept the risk.  We must mitigate the risk in order to make sure of our success in our investment venture.

[cheezcarls]

Exactly it is, straight to the point. Nothing here in the world of Bitcoin and crypto is gonna guarantee or promise us anything in terms of profits if you are expecting to be rich after investing.

The market is very unpredictable. Without warning, it can go up or down anytime even harder. See to it that you are well-equipped in managing your risks, especially when you do DCA (dollar-cost averaging) with Bitcoin.

Only spend an amount that you can afford to lose.

[taufik123]

-snip-
The market is very unpredictable. Without warning, it can go up or down anytime even harder. See to it that you are well-equipped in managing your risks, especially when you do DCA (dollar-cost averaging) with Bitcoin.

Only spend an amount that you can afford to lose.

Even now, the market is unpredictable because there will be some downturns that might be harder.
Bitcoin has not been able to stabilize at $30k and continues to fall to $27k.

Doing good management and using the DCA method is the right choice, but do it well and make sure to buy at the support price.
Using spare money that can afford to lose, is the choice that must be made.
Do not use money that is still needed for other needs, it will not be good for the long term.

[Bitcoin_people]

Investing in crypto requires having enough money to throw some money away for a period of time. Investing is easy for those who have excess money. And the amount they invest they don't need the money for the next investment. For which the money is held in the investment and the maximum profit comes from it in the future. But those of us with little money have to spend time investing and risking a lot. With the money we invest, we don't have any money for ourselves later, which makes it difficult for us to invest. But there are many advantages and disadvantages in Bitcoin investment so one has to invest very carefully in order to be successful. And investing should not lose patience but be patient and trust and confidence in investing is most important.

[landheer]

Hopefully your post is useful, especially for beginners who don't know about BTC investing.

what you say is true, that investing will not guarantee someone will get rich, but by investing in btc there will certainly be the potential to get rich, and many people have become rich as a result of investing in btc, for example people who buy btc at low prices and selling it at a high price.

and in my opinion the key to successful BTC investment is knowledge that must be prioritized, patience and so on.

[Gallar]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other

It's true, investing in bitcoin or in other things does not guarantee someone to become a rich person. Because investing is not as easy as turning the palm of the hand. Careful calculations are needed before starting and when running it. Actually it's not just investing, in other things too, which includes the financial realm, if you think about it, nothing is sure to produce and make someone rich. Such as opening a business, opening services, and working (such as in factories, offices, or in the food sector)
Everything is not 100% certain that it will make money let alone make someone very rich. So actually it's not only in investment that you don't have certainty, but in other fields of work you also have the same point, namely you don't have certainty either.
In my opinion, thinking about profits is also really necessary, because in investing, having the motivation to get profits is very necessary. Because if there is no strong motivation, how can you have high enthusiasm to run the investment.

[Strongkored]

For me investing is a way to save my money from depreciating in the future due to inflation and if it turns out to be able to get me more than what I have saved in the long term then that is a good thing. Those who think investing to get rich are those who have received wrong information and are used to getting involved in online businesses that end up in scams like HYIPs or other types of investments that are not really investments.

Investments must be made in the right way, with the right knowledge, and also using money that we can afford to lose, because any investment will have a risk of loss, by realizing that we will be careful and only invest in definite forms.

[Wapfika]

They will not become easily successful just because they invested but they have a higher chance of being successful just because they have invested.

This is not wrong but this is also only right if the choice of investment is good. You can be rich or poor based on the investment choices. I think it’s fair to assume that you will have a chance to success rather than higher chance of success since there’s no guarantee on investment since loss is still possible.

they still have a personal responsibility of ensuring it becomes a success by following up closely. Just like planting a seed and tendering to it till it matures into a tree.

I believe this is more compatible on business investment rather pure investment on stock or crypto. You can’t do anything to help your investment successful aside from referring it to your friend but you are relying the fate of your investment to the team of the coins that you are holding.

[smile1218]

That is true, investing doesn't guarantee you to be rich. It is a misconception that investing in Bitcoin will automatically lead to a guaranteed profits. Many investors who lacks knowledge and understanding of the risks associated with investing, which can possibly leads to losses. To become a successful investor you need to have a strong desire to become rich, you should invest first in knowledge or do a proper research before investing your money, If you are ready to face to risks involve in investing and you feel you are ready enough then you can start to invest. You need also to plan investments carefully so that you will not regret it.

[Poker Player]

Investing does not guarantee you to get rich, but it makes it very likely, if we understand by "getting rich" the improvement of your economic situation, and we are talking about long-term investment.

It is even more likely within an overall personal finance plan, with a control of income and expenses, an emergency fund for unforeseen events and a diversification according to your knowledge and risk tolerance. With this, if we discount unlikely bad luck scenarios that make you need to dip into your saved and invested money, everyone improves their financial situation, or gets richer, if you prefer.

5. PLANNING

This is what you should really be having on your mind but actually all of those factors been mentioned on the op is really indeed that needed overall if you do really tend to engage with investment.

Yes, well, planning and then following the plan, there are people who make a lot of plans and then don't follow them, and that doesn't work.

[Sebas.tian]

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

Taking a risk in crypto investment is very important which it can lead you to your financial breakthrough if you carry out your personal research before investing because many potential investors that became wealthy today in the community took the risk that made them who they are today. You can take the risk by making Bitcoin your first choice to invest huge amount of money and apply long term holding to feel the benefits of taking such risk in the community which is favourable if you can hold like 3 or 4 years before you can sell. Now that the price of Bitcoin has increased to $27,754 showed that there is a hope for those that took the risk to invest in Bitcoin when the price was $18,000 last year.

[YUriy1991]

Those who are interested in investing are advised to invest as much money as you can afford to lose. This is a very big money risk. Because there are many chances of losing money. That is why the term risk-taking is associated with investment in this way. A certain amount of money, i.e. money that will not affect your finances if you lose it, should be risked.

Good response, Clearly with various considerations. I'm just adding this and I think this is just a small example in the world of trading, especially for beginners playing the short pattern. If the money to be used is not cold money but uses day-to-day operating money, I think 30% will be a burden again, especially during the current conditions and if it is very urgent someone will definitely cut losses. what happened was not a profit but a loss even if it persisted the point where he entered there was left out. Trading is a psychological game.

[michellee]

That is true, investing doesn't guarantee you to be rich. It is a misconception that investing in Bitcoin will automatically lead to a guaranteed profits. Many investors who lacks knowledge and understanding of the risks associated with investing, which can possibly leads to losses. To become a successful investor you need to have a strong desire to become rich, you should invest first in knowledge or do a proper research before investing your money, If you are ready to face to risks involve in investing and you feel you are ready enough then you can start to invest. You need also to plan investments carefully so that you will not regret it.

At least, if they can hold their bitcoins for a few years, they can expect to make big profits, especially if a bull run comes on the market. With what has happened to bitcoin so far, if someone can hold on for 3-4 years, they can sell their bitcoins in a bull run at peak prices.

But to become an investor requires a strong hand in holding the bitcoin. And not everyone can hold their bitcoins for 4 years because during those 4 years, the market will fluctuate and that's where their mentality will be tested. If they are strong, they can pass the test and sell their bitcoins at peak prices.

Apart from that, they must also know how to control their emotions so they don't panic when the market changes in price. And the most important thing is only to use the money you can afford to invest in bitcoin.

[Lorence.xD]

Investing does not guarantee you to get rich, but it makes it very likely, if we understand by "getting rich" the improvement of your economic situation, and we are talking about long-term investment.

It is even more likely within an overall personal finance plan, with a control of income and expenses, an emergency fund for unforeseen events and a diversification according to your knowledge and risk tolerance. With this, if we discount unlikely bad luck scenarios that make you need to dip into your saved and invested money, everyone improves their financial situation, or gets richer, if you prefer.

Having an investment of course doesn't make you rich in instant there's always be a process. Investing your funds it's much better than saving it but you can do both so some of your money are working for you and some for in case of emergency. There's always a risk but a high risk always come with high reward but also none, still better to have a probability of success than nothing. Investment could make you rich for a long term, it we think of it people who bought BTC decades ago if they still have it then most likely they are rich now.

[LastKiss]

Investing does not guarantee you to get rich, but it makes it very likely, if we understand by "getting rich" the improvement of your economic situation, and we are talking about long-term investment.

It is even more likely within an overall personal finance plan, with a control of income and expenses, an emergency fund for unforeseen events and a diversification according to your knowledge and risk tolerance. With this, if we discount unlikely bad luck scenarios that make you need to dip into your saved and invested money, everyone improves their financial situation, or gets richer, if you prefer.

Having an investment of course doesn't make you rich in instant there's always be a process. Investing your funds it's much better than saving it but you can do both so some of your money are working for you and some for in case of emergency. There's always a risk but a high risk always come with high reward but also none, still better to have a probability of success than nothing. Investment could make you rich for a long term, it we think of it people who bought BTC decades ago if they still have it then most likely they are rich now.

I agree many rich people out there become rich because they hodl for the long term, those people who hodl for the short term because they want to become rich quickly won't get rich in the end. We should be able to separate emergency savings and investments because still a lot of people use their investments as their emergency funds so it made they won't hodl for long.

[DevilSlayer]

~snip

I like the topic title. Indeed, investing doesn't give any guarantees and this is not the road to wealth, but without investing, in principle, it is impossible to increase your wealth (of course, this is only one of the options for becoming rich).

You have listed 6 points that you consider important, but missed the most important point - this is 7. ACT. Without it, everything else is empty sound. Do you want your investment career to be successful? Then start taking action. It is at this point that so many turn off their path and they never achieve the desired results.

That's right, we need the ACT because like what you said that all of it will be worthless unless we do the Act. These where the man seperates to the boys, they are afraid to push it because of the uncertainty ahead. They have a bad feeling for uncertainty and they see it as bad but for the minority of the people, they see it as an adventure and they having fun on it. Don't follow the wrong crowd or the majority of the people because they are the ones who will not make it to the top. Follow the minority or the crowd who did what the majority people says impossible, they achieved their goals with ease and with fun because they ACT.

All of the steps that I mentioned in the OP is really good and we should follow it but in order to to imlement it then we should ACT. Do you want to be rich? Do you want to have a better lives? Do you want to provide good life to your family? All you need to do is to ACT. There are no other people who can do it for you. It's only you so what are you waiting for? Will you follow the wrong crowd who are afrai to ACT and take the risks? Or will you follow the minority who act and keep taking risks. The answer is within you. You are the only one who can figure it out.

[Magic-Money]

That's true, investment doesn't guarantee you Rich and have to work towards your emotion and mindset while set a target when to sell or buy as a trader, because cryptocurrency market is really depends on the entry point and the entry point matter's a lot for profit returns.

[retreat]

-snip-

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

-snip-

Many people invest in Bitcoin without paying attention to the risks they will face in the future. They have the belief that Bitcoin will be their "way" to achieve wealth in the future, so they invest like crazy, but when their investment goes down, they panic and eventually forget their purpose of investing in Bitcoin. They lack the knowledge that Bitcoin is an asset that tends to be unstable and quite risky. They are taken in by other people who say that many people have become rich from investing in Bitcoin, even though they don't see that there are also many who have lost. The point is that investing in Bitcoin is great, but it's even better if we understand that it is a risky asset.

[Sayeds56]

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.
6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

Planning and trusting your investment decision are crucial for success in any kind of investment including digital assets including Bitcoin. It is important to note that market conditions  continue to change and in particular crypto markets are very volatile which can potentially cause doubts and tempt us to sell our investment to avoid losses. However, this is where emotional control becomes important, as it enables you to remain patient, waiting for the return of bull market when you can reap the rewards of your investment decisions.

[crwth]

That's pretty standard when you are investing. That there's always the risk of not making it through the numbers game and you can end up losing your investment in the first place. Personally, the important thing that you are going to consider is the path that you are taking and whether you are doing the necessary steps to get you to your goal always remember that you are what you do.

There's definitely no guarantee in this life.

[CryptoBuds]

Investing does not guarantee you to get rich, but it makes it very likely, if we understand by "getting rich" the improvement of your economic situation, and we are talking about long-term investment.

It is even more likely within an overall personal finance plan, with a control of income and expenses, an emergency fund for unforeseen events and a diversification according to your knowledge and risk tolerance. With this, if we discount unlikely bad luck scenarios that make you need to dip into your saved and invested money, everyone improves their financial situation, or gets richer, if you prefer.

Having an investment of course doesn't make you rich in instant there's always be a process. Investing your funds it's much better than saving it but you can do both so some of your money are working for you and some for in case of emergency. There's always a risk but a high risk always come with high reward but also none, still better to have a probability of success than nothing. Investment could make you rich for a long term, it we think of it people who bought BTC decades ago if they still have it then most likely they are rich now.

I agree many rich people out there become rich because they hodl for the long term, those people who hodl for the short term because they want to become rich quickly won't get rich in the end. We should be able to separate emergency savings and investments because still a lot of people use their investments as their emergency funds so it made they won't hodl for long.

Long-term holding is considered a huge advantage in investing, but the point is that not investing and holding any assets will make you rich. We need to choose the right assets to hold because there are many investments that also won't generate returns when you hold them for a long time. I'm not just talking about bitcoin and altcoins, I mean all other investments like stocks or real estate.

It's strange that I see many people still confusing investing with saving. If we put money in bitcoin, it cannot be considered as savings because it is volatile and anyone using that investment as an emergency fund is a grave mistake. What if our investment loses money in the short term, and we need the money urgently?

[rby]

That's pretty standard when you are investing. That there's always the risk of not making it through the numbers game and you can end up losing your investment in the first place. Personally, the important thing that you are going to consider is the path that you are taking and whether you are doing the necessary steps to get you to your goal always remember that you are what you do.

There's definitely no guarantee in this life.

There's definitely no guarantee in life but some kind of investments are riskier than others. There are investments with very low risk and promising high returns and this type of investments when done consistently makes one rich.
The most important step to involving in a successful investment is having a good knowledge about the investment you want to involve in.
There are many people who still invests hugely in things they know nothing about and such wouldn't know the risk level of such an investment.
An investor is a risk taker.

[Cryptmuster]

Planning and trusting your investment decision are crucial for success in any kind of investment including digital assets including Bitcoin. It is important to note that market conditions  continue to change and in particular crypto markets are very volatile which can potentially cause doubts and tempt us to sell our investment to avoid losses. However, this is where emotional control becomes important, as it enables you to remain patient, waiting for the return of bull market when you can reap the rewards of your investment decisions.

Having a good ability to analyze the market can allow you to get to your goal much faster, but even the most experienced make mistakes, so of course no one has any guarantees when it comes to investments. Those who think they can read the market well may end up choosing the wrong time to sell, perhaps in an attempt to buy later at a cheaper price, but may end up losing their investment.

[Trinx01]

There will be no easy way to become rich, it can be done by hard work, luck, skills, and knowledge. investing in Bitcoin is not an easy thing and it will never assure you that you can be rich by just investing, investing takes time, you can also learn trading which is a really good way of earning money but still risky you have to spend a lot of time learning about it before jumping into it.

[yazher]

Those who get rich by investing in bitcoins have multiple sources of income, so they don't have to worry about where to get some money after they decided to hold bitcoins. Others don't even know these rules and just go to rush on their investment without a second thought or don't have any other source of income. most likely they used all their money and some of them even go overboard by selling property which in the end they regret about it because they are not gonna make some earnings fast rather they need to wait for years in able for their bitcoins price to surely grow. That's why most of them quit before even getting to witness their bitcoins price increases its price multiple times.

[Sayeds56]

Those who get rich by investing in bitcoins have multiple sources of income, so they don't have to worry about where to get some money after they decided to hold their bitcoins.

It is a fact that who achieved wealth through investment in Bitcoin have diverse sources of income. This  financial stability enables them to approach their investments with long term perspective, without worrying for immediate returns.. Furthermore, many of these successful investors were able to recognize its potential of growth during the early stages when its price was at few dollars. It is a common observation that early adopters of any innovative technology are always at significant advantage.

[isaac_clarke22]

At least, if they can hold their bitcoins for a few years, they can expect to make big profits, especially if a bull run comes on the market. With what has happened to bitcoin so far, if someone can hold on for 3-4 years, they can sell their bitcoins in a bull run at peak prices.

But to become an investor requires a strong hand in holding the bitcoin. And not everyone can hold their bitcoins for 4 years because during those 4 years, the market will fluctuate and that's where their mentality will be tested. If they are strong, they can pass the test and sell their bitcoins at peak prices.

Apart from that, they must also know how to control their emotions so they don't panic when the market changes in price. And the most important thing is only to use the money you can afford to invest in bitcoin.

Some people just do have the bad luck though even by few years. Remember when Bitcoin was like down under 6k around 2018, and people were panic selling that time when they kinda expected Bitcoin to go over 20k? Bull run ain't a guarantee even after 3-4 years.

Sad reality is that becoming an investor requires you to somehow be above low-class people since everything you invest should be either you can afford to lose or you just don't care about it at all. This ain't a lottery that everyone can just win in an instant. Even if you're

[Zilon]

Investing with the aim to get rich is not a misconception but the time duration the investor sets on such asset is what may lead to greed and possibly loss of asset if patience is lacked. The sole aim of every investor is to get rich but been guided on how to control the urge to achieve this within a short time is where many investors struggle.

I have the mindset of sticking only to investments with a future. If it has no future then there is no point risking my assets on it. I don't mind how long it takes to profit from a project but the goal line is that it should be profitable on the long run.

[Litzki1990]

Investing with the aim to get rich is not a misconception but the time duration the investor sets on such asset is what may lead to greed and possibly loss of asset if patience is lacked. The sole aim of every investor is to get rich but been guided on how to control the urge to achieve this within a short time is where many investors struggle.

I have the mindset of sticking only to investments with a future. If it has no future then there is no point risking my assets on it. I don't mind how long it takes to profit from a project but the goal line is that it should be profitable on the long run.

The first objective of our investment is to make profit. we mainly invest to make profit. And it's not a bad thing to dream of getting rich with investment profits. But the problem is expecting too much from this investment. We can expect to get profit from investment but the idea that you will only get profit from investment is wrong because investment never guarantees you profit. Anything can happen to your investments. 
Investments have the potential to make gains as well as losses. If anyone ever tells you that an investment will make a profit, that person doesn't know the least about investing.

[Z390]

If you are not rich through investment it's your fault, you are either someone who think too less of himself or you like doubting yourself, you can also be the type that isn't ready to leave your comfort zone, getting rich comes with a price, are you ready to pay for it?

Someone who makes 1000$ a month and ready to buy 100$ for long term hold will make less money than someone who invested 800$ in Bitcoin right now and hold for long term, how capable are you?if you are so damn serious with your dreams they will come to past.

You will fail a few times, probably you lost your Bitcoin to hackers or you do something stupid that cost you your Bitcoin, it's part of the way to get rich, it's never going to go smoothly that's why the majority of people believe that getting rich is oy for some set of people.

[CarnagexD]

You will fail a few times, probably you lost your Bitcoin to hackers or you do something stupid that cost you your Bitcoin, it's part of the way to get rich, it's never going to go smoothly that's why the majority of people believe that getting rich is oy for some set of people.

Everything youve said is true but not everyone can afford being stupid and lose their investments. Also, failing once doesnt guaratnee you a profitable learnig where you can invest again perfectly, maybe possible if you get lucky. But it will take more than just the hopes of winning. It takes money, huge amount of money you can lose and huge amount of emotional readiness for the money you cant lose. It is always better to take yime learning the market first.

[dlightag]

It is truth investing on what you don't have knowledge can not make you rich, because you have to go for knowledge and information in a particular thing for you to get the knowledge on how it works to become rich, in other words, Bitcoin business, to be rich is sure, but not get rich quick. Therefore, information is very important in cryptocurrency industries market.

[hannahB4]

I will like to say that investment doesn't guarantee one to get rich as you rightly claim but it is a sure way of getting richer. In addition to the point you raised is just to know the right timing to sell, hold and buy. If the law of investment is followed success is guaranteed.

[CryptoHeadlineNews]

You will fail a few times, probably you lost your Bitcoin to hackers or you do something stupid that cost you your Bitcoin, it's part of the way to get rich, it's never going to go smoothly that's why the majority of people believe that getting rich is oy for some set of people.

It's true that if getting rich through investing was that easy, majority of the world populations would have been rich today, but its sad that such perception doesn't work that way, that's why to be rich in life it goes beyond mere capital investing, as time, level of exposure, ability to sacrifice to get what you want and having the right knowledge about whatever skill or trade an you wishes to engage in matters a lot. And there are different kinds of investment, (i.e investment in knowledge, skill, talent or trade), which always pay off if such individual could be discipline enough to learn to perfection.

[KiaKia]

There is no guarantee of anything in this life but if we stay on that fact nobody will achieve anything, we won't have cars running with fuel and plane flying over from one place to another through air, I don't want any of my children to ever believe that something is impossible, we gotta keep trying, if you don't try, wait till you are been tasked for not trying at all, you will have a ruined life and regrets all the days of your life.

Face the battle and see how it ends, if you run from your battle no one else will fight them for you, we are created to fight for everything, it's better to fight and lose than running away from fight, the simple answer is you will never know.

I've lost money in crypto, my wallet was compromised and my assets was stolen, my fault, still I don't give up, here I am today, doing all the things I can't even imagine years ago, I thanked myself several times for not giving up trying.

[passwordnow]

I will like to say that investment doesn't guarantee one to get rich as you rightly claim but it is a sure way of getting richer. In addition to the point you raised is just to know the right timing to sell, hold and buy. If the law of investment is followed success is guaranteed.

It's because investing has always its risk but it's a way for someone to get out of poverty and become rich. Look at the billionaires that we know made by their investments. It's no guarantee that someone will be rich on it but let's just look at the footsteps of those rich folks now, thanks to their mind and investments. There are certain processes that one has to make and it's also a matter of choice on what you will be investing with. Wrong investments won't make you far but the right ones and that should be where starters should look for.

[Ryu_Ar1]

Actually, in this case I also often emphasize that being in bitcoin and investing there, there is no special guarantee about it and I think everyone is also aware that when there is no guarantee, that means we have to know that all possible conditions, including that, are still the worst possible. could very well happen.
But on the other hand, at least by investing here and looking at the existing progress for bitcoin, of course this is clearly very feasible to keep doing, considering the current conditions, which are definitely a little better here, of course, much more feasible.

As for all forms of possibility that occur later, of course it is a risk that must be faced because regardless of anything, it cannot be ruled out, but the point is when you have the courage to do that and are ready for all conditions, then it already shows that you really make an investment and I still believe that in all forms that are carried out seriously, of course the results will be good.

[Crypto Library]

~Snip~

I think OP the points you raised are really very useful for investors be it trading or in the case of other businesses. Actually, I also think that investing will never guarantee that you will be rich be it in trading or any other field. I want to convert words from rich to successful, Some people are getting rich by investing successfully, on the other hand, some people are falling into the trap of getting quick rich scheme due to greed without doing any analysis. But it is natural that risk will always be in the case of investment, and whoever wants to invest must have the honest courage to take risk.
But the risk must be taken with understanding, I think by following the factors mentioned by the op, it is possible to be very successful in this way. And these are not only in the case of trading but also in all other investment cases.

[Josefjix]

There is no guarantee of anything in this life but if we stay on that fact nobody will achieve anything, we won't have cars running with fuel and plane flying over from one place to another through air, I don't want any of my children to ever believe that something is impossible, we gotta keep trying, if you don't try, wait till you are been tasked for not trying at all, you will have a ruined life and regrets all the days of your life.

Face the battle and see how it ends, if you run from your battle no one else will fight them for you, we are created to fight for everything, it's better to fight and lose than running away from fight, the simple answer is you will never know.

I've lost money in crypto, my wallet was compromised and my assets was stolen, my fault, still I don't give up, here I am today, doing all the things I can't even imagine years ago, I thanked myself several times for not giving up trying.

Nothing in life is promised; we simply need to strive harder for the purpose to secure our daily food and survival. Our family needs us, there are essential tasks for us to take care of, and I'm willing to do anything in order to come out financially balanced.  Crypto is one of the simplest ways to make money, but only if the necessary procedures are followed. Losing is a common occurrence in the market; we must lose in order to either learn from our mistakes and correct them, or remain stationary in one position; the choice is ours. This life is all about adopting dramatic methods to become wealthy. Everyone has goals they want to achieve, and we ought to continuously strive to accomplish them.

[Lida93]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

The Holy Book of the Christians states that, "my people perish for the lack of knowledge",  which expresses that knowledge is the principal thing in every task of life. Many people that have invested in cryptocurrency they only heard about how someone around them invested in Crypto and it paid off, they never mind seeking for the knowledge about how such investment is done. When they hear bitcoin their next thought is that it's a source of making wealth, then they end up going into it the wrong way with o guide on what to do after investing.

[panganib999]

A little ironic that you're saying investing wouldn't guarantee you riches, and then start it off with saying that every investor should have a desire to get rich. Perhaps you're mistaking it for ambition. I myself of course wanted to become rich let's all be serious here. But it's just funny when the whole gist of your post is that not everyone of us here will make it out of the trading industry. In any case, I'll share a couple of things I developed in my few years as religious crypto-trader.

1. Timing: Know when to time your buys and sells. There will be clues and hints along the way, maximize them to your potential and do not be lazy
2. Learn: Just because you know how to read the chart doesn't mean it's all over. Investing is a lifelong learning process. There will be new disciplines and ideas that you may want to incorporate in your tactic, be on the lookout for the newest and most effective trading trends and ideas so you don't miss out.
3. Ask for Help: Sometimes being alone wouldn't cut it. Don't be afraid to ask people for help, as long as you don't abuse it and you reciprocate the gesture by being there for them when they need trading assistance and advice. It's a give and take situation, do your part.
4. Do not be lazy: Trading, no matter how boring it may look to an outside observer, is a dynamic and a fast-paced process. You have to always take advantage of timing, trends, and fresh market data to maximize earnings and minimize losses. If you snooze you lose.

[freedomgo]

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

It's hard for newbies to trust themselves in this market.

They might trust themselves at beginning but when they read news, fud, see price crash, their confidence will vanish quickly. They don't have enough experience to know that volatility is for short term and long term price will have less volatility up or down. It has very sharp growth since 2009 till 2023 with many big volatile price movements in those years.

They must live in this market and with time they gain experience which is important for them to trust themselves.

If they can’t trust theirselves, then what’s the use of putting their hard-earned money and taking its risk in the first place? Though confidence is not gained instantly, but they have to develop it within theirselves throughout the process because if they have no self-confidence, then they can never expect to beat the pressures and risks in the market. The market is full of challenges and unpredictable threats along the way, that’s why confidence in oneself is very crucial so we can succeed whatever goals we set in the first place.

[RockBell]

It is truth investing on what you don't have knowledge can not make you rich, because you have to go for knowledge and information in a particular thing for you to get the knowledge on how it works to become rich, in other words, Bitcoin business, to be rich is sure, but not get rich quick. Therefore, information is very important in cryptocurrency industries market.

Investing in a business you have no knowledge of is a very dangerous move to make. One thing I've noticed about businessmen is that they don't make decisions that will not benefit them since their money is on the line. Businesses face their own challenges now that the world is experiencing inflation, and each individual business is affected in its own unique way by it. The bulk of people that buy Bitcoin nowadays don't even have a good understanding of the entire process that goes along with it, all they know how to do is buy and spot trade. If you're introducing anybody, be sure to be very clear. before they start blaming you when the colors start changing.

[bettercrypto]

The investing is just a method or weapon that can be your way or defense to reach or get something you want. You can't if you don't
decide you want to.

     And in order for you to be successful in investing, you must know how to choose the right opportunity that can hit so that you can move forward in the life you are looking for. The only important thing is that what you desire is what you follow as long as it is right.

[Baoo]

There is no guarantee of anything in this life but if we stay on that fact nobody will achieve anything, we won't have cars running with fuel and plane flying over from one place to another through air, I don't want any of my children to ever believe that something is impossible, we gotta keep trying, if you don't try, wait till you are been tasked for not trying at all, you will have a ruined life and regrets all the days of your life.

Face the battle and see how it ends, if you run from your battle no one else will fight them for you, we are created to fight for everything, it's better to fight and lose than running away from fight, the simple answer is you will never know.

I've lost money in crypto, my wallet was compromised and my assets was stolen, my fault, still I don't give up, here I am today, doing all the things I can't even imagine years ago, I thanked myself several times for not giving up trying.

Nothing in life is promised; we simply need to strive harder for the purpose to secure our daily food and survival. Our family needs us, there are essential tasks for us to take care of, and I'm willing to do anything in order to come out financially balanced.  Crypto is one of the simplest ways to make money, but only if the necessary procedures are followed. Losing is a common occurrence in the market; we must lose in order to either learn from our mistakes and correct them, or remain stationary in one position; the choice is ours. This life is all about adopting dramatic methods to become wealthy. Everyone has goals they want to achieve, and we ought to continuously strive to accomplish them.

Indeed, life is unpredictable and unfortunately we have no idea what the future will bring. However, we must be prepared for all scenarios and unexpected situations and save money as much as we can instead of spending them on unnecessary goods and items , regrettably that’s what the majority of people are doing. They live the present without thinking about future, they ended up complaining when they face sudden troubles and blaming themselves for the bad decisions they have taken. In fact, The crypto is certainly a good source of income but you must have the knowledge ,  gain experience and patience without these 3 keys , you will not be able to have a fixed profit.

[Twentyonepaylots]

It is truth investing on what you don't have knowledge can not make you rich, because you have to go for knowledge and information in a particular thing for you to get the knowledge on how it works to become rich, in other words, Bitcoin business, to be rich is sure, but not get rich quick. Therefore, information is very important in cryptocurrency industries market.

Investing in a business you have no knowledge of is a very dangerous move to make. One thing I've noticed about businessmen is that they don't make decisions that will not benefit them since their money is on the line. Businesses face their own challenges now that the world is experiencing inflation, and each individual business is affected in its own unique way by it. The bulk of people that buy Bitcoin nowadays don't even have a good understanding of the entire process that goes along with it, all they know how to do is buy and spot trade. If you're introducing anybody, be sure to be very clear. before they start blaming you when the colors start changing.

Agree with these since the very nature of investment of any kind is its riskiness, it won't really guarantee you anything. To add more, crypto being a volatile currency makes it more risky to take since there is huge movement in price and market given different situation. So, it is a fact that investment is not a get rich quick of life since you have to take considerations on what you are investing and really take time and effort to manage and plan it.

[Supreemo]

No investment has assured returns which supports the idea that not all investment would make you rich in an instant. Also, successful investments mostly, suffered from failures for sure no matter how an investor is prepared of it. Some of them had thoughts of giving up. It already takes courage to start an investment so what more of continuing such thing. Risk will always be present and there are variables an investor won't have control of, which could contribute to an investment's downfall. In fact, most of the investors are atleast hoping for a breakeven between asset and expenses simply because negative outcome often occurs. It is okay to have desires or big dream out of something you have started but always manage the risk and expectations 'coz not all things would come as expected.

that is why in investing you must have a strong mentality in making risky decisions because not all in investing has an assurance to make you rich well there are some but we have different fate maybe someday it will happen to you and some of us might have breakdowns too as what you have said things will not come to our way and don't need to expect that much.

[Vaskiy]

No investment has assured returns which supports the idea that not all investment would make you rich in an instant. Also, successful investments mostly, suffered from failures for sure no matter how an investor is prepared of it. Some of them had thoughts of giving up. It already takes courage to start an investment so what more of continuing such thing. Risk will always be present and there are variables an investor won't have control of, which could contribute to an investment's downfall. In fact, most of the investors are atleast hoping for a breakeven between asset and expenses simply because negative outcome often occurs. It is okay to have desires or big dream out of something you have started but always manage the risk and expectations 'coz not all things would come as expected.

that is why in investing you must have a strong mentality in making risky decisions because not all in investing has an assurance to make you rich well there are some but we have different fate maybe someday it will happen to you and some of us might have breakdowns too as what you have said things will not come to our way and don't need to expect that much.

These days each and every way of money making have turned to be more risky. We should have the ability to take risk, only then we'll be able to enjoy the goodness of our investment. Investing doesn't gives the assurance, but it increases the chance of giving you better profit based on what you've invested. According to me, investment needs to be left to grow. We shouldn't keep on looking our portfolio. We need to watch the market, if it looks profitable just book the profit and look for the opportunity to buy back at the least price.

[karmamiu]

If it guarantees success how did some people still lose their money when they are investing right? If it's really assured that you will be able to earn profits then there are no losers on this field. Nothing is really guaranteed when it comes to investing, since you are still risking your money as you've said. Investing is only another option for you to earn some money if you learn how to analyze the market, it is only an option for you to play with your money but at the very least the odds of losing and you have the chance to use your money however you wanted to, unlike in gambling where there're 50% chance, investing will still let you take your money or you can still minimize your losses. It is much better compared to traditional savings in bank in which it is much safer but they wouldn't let you play with your money.

[Godday]

2. INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge.

I have read your entire topic and I think you are extraordinary because you have compiled a good and correct way of investing according to your experience. It really helps people in this forum to increase their knowledge about how to invest properly and correctly.

And for the record, I COMPLETELY AGREE with what you said in the second point. That opportunities in the market are always open and exist. Throw away the mental block that says it's too late. We are the last to get a slice of the pie from the market today.

Every change that occurs is very dynamic so that for every change and adaptation to the market that we make, there are always opportunities for people who want to see these opportunities.

[fuguebtc]

I will like to say that investment doesn't guarantee one to get rich as you rightly claim but it is a sure way of getting richer. In addition to the point you raised is just to know the right timing to sell, hold and buy. If the law of investment is followed success is guaranteed.

It's because investing has always its risk but it's a way for someone to get out of poverty and become rich. Look at the billionaires that we know made by their investments. It's no guarantee that someone will be rich on it but let's just look at the footsteps of those rich folks now, thanks to their mind and investments. There are certain processes that one has to make and it's also a matter of choice on what you will be investing with. Wrong investments won't make you far but the right ones and that should be where starters should look for.

There are many ways to succeed and become rich in life, but investing is arguably our best path. Investing is good but by no means perfect or risk-free, and there is no such thing as success in this world without trade-offs.
If you do not choose to invest in getting rich but choose another path, such as starting a business or working at the top organizations in the world, you also need to sacrifice your youth, time, and effort to achieve. Investing, too, requires trade-offs and sometimes no trade-offs to succeed. In any field to be successful we need to have the right plan and strategy. In short, investing is just a means like other fields, success or wealth is up to us to decide.

[bitzizzix]

According to research over a long period of time, it is proven that money invested always gives good returns. And yes, there may be periods of a few months, a year, or several years when the market goes down, but in the long term you will still make a profit. And even better when the market goes down, you take advantage of buying and stay on your path for the long term.
Investing is the easiest and most efficient way to grow the money you save through investing, provided you invest in the right places and also have a good knowledge of where you invest. And you don't have to do it in bulk and do it within your means and use the money you can afford to lose, and I'm sure if you do it in the long term with a lot of patience and faith. And I'm sure you can be rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and quality in doing it and doing it in the right place.

[passwordnow]

I will like to say that investment doesn't guarantee one to get rich as you rightly claim but it is a sure way of getting richer. In addition to the point you raised is just to know the right timing to sell, hold and buy. If the law of investment is followed success is guaranteed.

It's because investing has always its risk but it's a way for someone to get out of poverty and become rich. Look at the billionaires that we know made by their investments. It's no guarantee that someone will be rich on it but let's just look at the footsteps of those rich folks now, thanks to their mind and investments. There are certain processes that one has to make and it's also a matter of choice on what you will be investing with. Wrong investments won't make you far but the right ones and that should be where starters should look for.

There are many ways to succeed and become rich in life, but investing is arguably our best path. Investing is good but by no means perfect or risk-free, and there is no such thing as success in this world without trade-offs.
If you do not choose to invest in getting rich but choose another path, such as starting a business or working at the top organizations in the world, you also need to sacrifice your youth, time, and effort to achieve. Investing, too, requires trade-offs and sometimes no trade-offs to succeed. In any field to be successful we need to have the right plan and strategy. In short, investing is just a means like other fields, success or wealth is up to us to decide.

There's always another way for one to become rich and you're right with that explanation that working on corporations and climbing to the ladder of progress and career path is one of it. But, as you've said, you have to sacrifice your youth on it because you'll take time until you reach that success in working in the corporate world or worse, you will not get there because of politics inside the company. But with our naked eyes, we can have the perfect example on how the wealthy became richer and most of them gone through investing.

[Sayeds56]

Having a good ability to analyze the market can allow you to get to your goal much faster, but even the most experienced make mistakes, so of course no one has any guarantees when it comes to investments. Those who think they can read the market well may end up choosing the wrong time to sell, perhaps in an attempt to buy later at a cheaper price, but may end up losing their investment.

You are correct that with intensive technical skills to accurately predict the market movements, enhances the chances of successful investment decisions. However, the skill to accurately sell your holdings at peak price and buy back at bottom, requires substantial training of technical indicators and extensive experience, and even with these qualifications, it is important to acknowledge that, not all trades end up with favorable outcome.

[Rupok]

Everyone chooses Bitcoin as one of the ways to get rich easily.  They think it is possible to get rich easily from cryptocurrency.  But many people don't know that cryptocurrency can make rich as well as poor.Cryptocurrencies are very risky and most investors and traders have little idea about it because they think that they will easily become successful from Bitcoin and other assets.It is never possible to get rich in cryptocurrency with little knowledge and short term investment never gives good profit to anyone.If you don't invest in the right place, you can never expect good returns.

[RewFrew]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

2. INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge. You have money to make investment but why don't you have spre money for your education? Lack of knowledge will lead you to incur losses and the only one to cure it is to make an investment in yourself. The investment that you will do is not for short term only, but it can help you to achieve a lot of great things in life. So what are you doing now? Don't hesitate and make sure that you should invest in your mind. This is one of the greatest decision that you ever made.

3. RULES: Creating rules for yourself and following it is the next step. The reason why there are a lot of people who wants to be a trader and investor because of the FREEDOM that they can have when they are doing it. It is the freedom because there are no specific rules that they should follow. The know that they can buy whenever they want, they can trade whenver they want and they can make money whenevery they want but it doesn't mean that you will not experience lossses. This is where the rules will kick in, You should have rules on what type of investment you will make, when you will entry, what is your cut loss percentage, when you will sell, how much you will allocate and knowing if the RRR is good or not.

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

I read your full post. You told appropriate. I am agree with you. I think there has no guarantee profit for rich. All are uncertain. For profit in trading we have to gather huge trading knowledge. Without proper knowledge anyone cannot profit from trading. And we have to avoid greedy and emotions then we will be benefited from trading. And we will get chance to be rich.

[umbara ardian]

Investing doesn't guarantee you'll be rich, but it is the key path that will bring you closer to wealth. What matters is your own understanding of it. Besides, you should choose the right one for you. Avoid inflated projects because it is just a pastime for the diggers. Break free from the short-term wealth mindset. That helps you achieve your long-term goals with an investment asset, no matter how volatile the market is. Just like you don't have to think about it too much,

[Russlenat]

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

It's hard for newbies to trust themselves in this market.

They might trust themselves at beginning but when they read news, fud, see price crash, their confidence will vanish quickly. They don't have enough experience to know that volatility is for short term and long term price will have less volatility up or down. It has very sharp growth since 2009 till 2023 with many big volatile price movements in those years.

They must live in this market and with time they gain experience which is important for them to trust themselves.

Confidence might be hard to gain for newbies since we all know that they still need more exposure and experience to the market before they start trusting their selves and stop relying from crypto influencers. However, with consistent losses and mistakes from investing, I guess that would be enough to learn their lesson which will also make them grow in the market and improve their strategy on how they will manage their investment.

[ololajulo]

Often, counterarguments fail to reveal the truth, and it's unnecessary to generalize our opinions. Investors can still make profits despite limited chances, and many holders can manage risks by trying it out.

[serjent05]

According to research over a long period of time, it is proven that money invested always gives good returns.

That research is faulty I think  .  Not all investment can give a good returns.  You can find the proof on the news everywhere in the internet.  There are lots of investors who losses huge amount of money because of the company they invest in getting bankrupt.

And yes, there may be periods of a few months, a year, or several years when the market goes down, but in the long term you will still make a profit.

Again not true, it also depends on your action whether you will take your investment out when you are in a profit or sink with the company.  One good example is the investor of FTX and other centralized services that files bankruptcy due to the company's poor performance.

Aside from that there are lots of people who failed in their business investments.  So the research that says all investment gives good returns is wrong.

[AmoreJaz]

Everyone chooses Bitcoin as one of the ways to get rich easily.  They think it is possible to get rich easily from cryptocurrency.  But many people don't know that cryptocurrency can make rich as well as poor.Cryptocurrencies are very risky and most investors and traders have little idea about it because they think that they will easily become successful from Bitcoin and other assets.It is never possible to get rich in cryptocurrency with little knowledge and short term investment never gives good profit to anyone.If you don't invest in the right place, you can never expect good returns.

well, people will understand it as soon as they bought their own coins. that it is not easy to generate high returns of their assets at a short period of time. they may have high hopes to get good profits but when it comes to actual trading, they can see how it is not so easy to get the profits they want. also, it depends on which projects you are investing with. no one can ever guarantee you to be rich in this market. it would take time, skills and patience before you see your first profit.

[Pandu Geddon]

Investing doesn't guarantee you'll be rich, but it is the key path that will bring you closer to wealth. What matters is your own understanding of it. Besides, you should choose the right one for you. Avoid inflated projects because it is just a pastime for the diggers. Break free from the short-term wealth mindset. That helps you achieve your long-term goals with an investment asset, no matter how volatile the market is. Just like you don't have to think about it too much,

looks like it's so easy to do. but to be honest, not everyone can make the right investment. That is why not everyone who invests will be rich.
some people have personalities that are not suitable for investment, such as panicky people. because there are indeed people who prefer trading rather than long-term investments. everyone has their way to get rich.

[Dr.Bitcoin_Strange]

I will like to say that investment doesn't guarantee one to get rich as you rightly claim but it is a sure way of getting richer. In addition to the point you raised is just to know the right timing to sell, hold and buy. If the law of investment is followed success is guaranteed.

Investment may not guarantee someone's success, but if the rules of investment are followed, then success is guaranteed. If a Bitcoiner invests and holds their coin until a bull market, they will definitely be making profits out of their investment. Also, to really be rich, one must not only have one investment plan; they can have investments in Bitcoin, real estate, some stocks, and also buy shares in some reputable companies. Most people who don't really have enough investment ideas may not be so rich. Also, a higher profit from investment is determined by the amount of capital that the individual invested. For example, a huge profit means a high ROI.

[Viscore]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio.

Actually you are of good point mainly here, but i will tell you that those people who is a day old or new for investment are the people that will not know the strategic way of investment or have such misconception of investment by thinking that investment is a pathways of getting rich, its clear that its a capital lie, because if you don't know exactly the terms and conditions or understand the rudiments of investment you will not be successful in that investment, you can only be successful for investment when you know the principles of the investment, some investors today get lost of their investment due to lack of understanding of the investment, while some of the investors prosper, propagate due to the ability of studying and understanding the investment, its when you microscope business and know it too well, it's when you will become successful and get rich.

That’s the reason why success is very rare when you are still investing as a beginner. The fact that you are still in the process of obtaining knowledge and skills, and exposing yourself to experience the market, makes impossible for you to beat the market or take an edge over the market volatility. Some may still succeed even with less knowledge and experience, but rest assured it’s only their beginner’s luck, surely they will find it hard to consistently prosper without the required knowledge and skills to take an edge over the market.

[Stella Mese]

The investing is just a method or weapon that can be your way or defense to reach or get something you want. You can't if you don't
decide you want to.

     And in order for you to be successful in investing, you must know how to choose the right opportunity that can hit so that you can move forward in the life you are looking for. The only important thing is that what you desire is what you follow as long as it is right.

investing will not guarantee getting rich, but of course by investing there is a chance to get rich, but in this case
we must have money and strong courage and must also dare to take risks,
Indeed investing in BTC is not easy because there are indeed many people who lose investing in BTC. so what should be prioritized is extensive knowledge and also good information.

and I agree with your words friend...

[LittleBitFunny]

According to research over a long period of time, it is proven that money invested always gives good returns. And yes, there may be periods of a few months, a year, or several years when the market goes down, but in the long term you will still make a profit. And even better when the market goes down, you take advantage of buying and stay on your path for the long term.
Investing is the easiest and most efficient way to grow the money you save through investing, provided you invest in the right places and also have a good knowledge of where you invest. And you don't have to do it in bulk and do it within your means and use the money you can afford to lose, and I'm sure if you do it in the long term with a lot of patience and faith. And I'm sure you can be rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and quality in doing it and doing it in the right place.

Not only with cryptocurrencies but any investment can give you profit as long as you invest with the right knowledge, plan and strategy then you can win in any market any finance. Winning or losing is entirely up to us, not the market to decide. Because the market is a battlefield, there will be winners and losers, and to become a winner, you need to be stronger and smarter than others. I have not seen a market where everyone wins, there will always be winners and losers, and that is the law of financial markets.

[Don Pedro Dinero]

Saying that investing does not guarantee you will be rich is like saying that planting tomatoes does not guarantee you will harvest them. But if you want tomatoes you'd better plant them. I am here posing a hypothetical situation from the past where you could not go to a supermarket to buy what you wanted. So just because you couldn't harvest one year because of a pest or a crop, you're not going to stop planting tomatoes.

According to research over a long period of time, it is proven that money invested always gives good returns. And yes, there may be periods of a few months, a year, or several years when the market goes down, but in the long term you will still make a profit.

That is my point.

Investing doesn't guarantee you'll be rich, but it is the key path that will bring you closer to wealth.

Well summarised.

looks like it's so easy to do. but to be honest, not everyone can make the right investment. That is why not everyone who invests will be rich.

If you do it wisely, without high-risk investments and by diversifying, you are likely to get richer over time. What you can't do is put all your savings into the latest investment fad and then throw your hands up in the air when it's revealed to be a ponzi scheme and you've lost everything.

[Botnake]

You will fail a few times, probably you lost your Bitcoin to hackers or you do something stupid that cost you your Bitcoin, it's part of the way to get rich, it's never going to go smoothly that's why the majority of people believe that getting rich is oy for some set of people.

It's true that if getting rich through investing was that easy, majority of the world populations would have been rich today, but its sad that such perception doesn't work that way, that's why to be rich in life it goes beyond mere capital investing, as time, level of exposure, ability to sacrifice to get what you want and having the right knowledge about whatever skill or trade an you wishes to engage in matters a lot. And there are different kinds of investment, (i.e investment in knowledge, skill, talent or trade), which always pay off if such individual could be discipline enough to learn to perfection.

I guess everything in life should be work out on the best of our abilities and capabilities since living life is never easy and is mostly comes with risks. Knowing there are no shortcuts to success, that even investing requires a lot of preparation and honing of skills and strategies so you can take advantage on whatever the condition of the market. And take note, before you put value to your investments, invest in yourself first and everything that follows will be in smooth sailing.

[wxa7115]

According to research over a long period of time, it is proven that money invested always gives good returns. And yes, there may be periods of a few months, a year, or several years when the market goes down, but in the long term you will still make a profit. And even better when the market goes down, you take advantage of buying and stay on your path for the long term.
Investing is the easiest and most efficient way to grow the money you save through investing, provided you invest in the right places and also have a good knowledge of where you invest. And you don't have to do it in bulk and do it within your means and use the money you can afford to lose, and I'm sure if you do it in the long term with a lot of patience and faith. And I'm sure you can be rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and quality in doing it and doing it in the right place.

Not only with cryptocurrencies but any investment can give you profit as long as you invest with the right knowledge, plan and strategy then you can win in any market any finance. Winning or losing is entirely up to us, not the market to decide. Because the market is a battlefield, there will be winners and losers, and to become a winner, you need to be stronger and smarter than others. I have not seen a market where everyone wins, there will always be winners and losers, and that is the law of financial markets.

It is difficult to understand how some people may get the idea that they can either win all the time or join a market where everyone wins, even in a game like monopoly this is not possible as there is only one winner while the rests of the players lose, so it is to be expected that real markets in which you can use real money are even more brutal than a board game.

And yet for some reason despite all the evidence against it newbies keep coming to this market thinking they can invest in bitcoin and never lose, and regrettably they will have to learn that lesson the hard way.

[Outhue]

You don't have to get rich with investment, it makes your life easier and that's the goal, because some people can afford 10$ investment only while some can afford 1 million dollars investment, their ROI will never be the same.

The other is investing in something you shouldn't have, making you lose all your money, in crypto you can easily lose money if you invest in a wrong shit project, I know someone who lost everything chasing FOMO from memecoins, he could not take his eye off those that turn millionaire through meme coins and he invested 500$ in a shitcoin, days ago the 500$ now worth 25$, after all the warnings I gave him he still follow his belief.

We live to learn from our mistakes, those who failed in this world are those who failed to grow, they make mistakes and they let those mistakes tie them down.

[SOKO-DEKE]

Even if investing doesn't ensure that we will become wealthy, it can give us some hope if we invest in the proper areas and is reason we must have good knowledge about the investments we choose to make. Let's use the cryptocurrency investment as an example. There are thousands of different coins and tokens in circulation, but there are only a small number of them that are only become successful after the creation, so Investing in those coins that have good reputation increases our level of security and brings us closer to our goals. If we look at history, those who invested in bitcoin will feel more at ease and have a better chance of success than those who bought in any altcoin.

[TheGreatPython]

According to research over a long period of time, it is proven that money invested always gives good returns. And yes, there may be periods of a few months, a year, or several years when the market goes down, but in the long term you will still make a profit. And even better when the market goes down, you take advantage of buying and stay on your path for the long term.
Investing is the easiest and most efficient way to grow the money you save through investing, provided you invest in the right places and also have a good knowledge of where you invest. And you don't have to do it in bulk and do it within your means and use the money you can afford to lose, and I'm sure if you do it in the long term with a lot of patience and faith. And I'm sure you can be rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and quality in doing it and doing it in the right place.

Are you talking about investments in the cryptocurrency market or investments in general? No investment actually guarantees you to get rich out of it, it is just that if you have chosen the right thing and your stars are perfectly aligned, you might get lucky and get rich out of a single investment that you've made, otherwise, it is not a very short process.

People spend the most part of their lives trying to get enough money to make their lives easy and comfortable, and for that, they make a lot of investments but only a few of them actually provide them with good results.

[coinerer]

According to research over a long period of time, it is proven that money invested always gives good returns. And yes, there may be periods of a few months, a year, or several years when the market goes down, but in the long term you will still make a profit. And even better when the market goes down, you take advantage of buying and stay on your path for the long term.
Investing is the easiest and most efficient way to grow the money you save through investing, provided you invest in the right places and also have a good knowledge of where you invest. And you don't have to do it in bulk and do it within your means and use the money you can afford to lose, and I'm sure if you do it in the long term with a lot of patience and faith. And I'm sure you can be rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and quality in doing it and doing it in the right place.

Are you talking about investments in the cryptocurrency market or investments in general? No investment actually guarantees you to get rich out of it, it is just that if you have chosen the right thing and your stars are perfectly aligned, you might get lucky and get rich out of a single investment that you've made, otherwise, it is not a very short process.
People spend the most part of their lives trying to get enough money to make their lives easy and comfortable, and for that, they make a lot of investments but only a few of them actually provide them with good results.

All investments are risky no matter where they are. but the riskier the investment, the more profitable it is. as crypto is a big risky place and investing here is very risky. but much greater things can be achieved from here. which cannot be expected from any other investment. It is certainly true that no investment will guarantee you a profit no matter how many strong assets you invest in. If you invest for profit, you have to accept loss too

[Crptomagma]

In most cases people who think like that are individuals who lack knowledge and experience in Bitcoin investment.  Bitcoin investment makes people rich actually but then it needs understanding and once the investor lacks this understanding  he will blame Bitcoin for his condition. Experience is the key to success in the Bitcoin world...

[Bitcoin_people]

2. INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge. You have money to make investment but why don't you have spre money for your education? Lack of knowledge will lead you to incur losses and the only one to cure it is to make an investment in yourself. The investment that you will do is not for short term only, but it can help you to achieve a lot of great things in life. So what are you doing now? Don't hesitate and make sure that you should invest in your mind. This is one of the greatest decision that you ever made.

Investing in Bitcoin requires proper knowledge and money. There comes a time in the market when there is an opportunity to invest but cannot take advantage of that opportunity. Because if you don't have good knowledge about Bitcoin, it is sure to be risky by investing. So people who do not have special knowledge about investment and do not know how to analyze the market well should take education on this subject. again there are some people who have no money and no good investment skills but are very keen to invest. Those people want to collect money from different places and invest later. But they don't have spiritual knowledge and education about bitcoin investment yet they invest and later lose their profits. So they should know about Bitcoin first and learn to analyze the market before investing. and long term investment should be done only if later investment will not face loss and their investment will be successful in future.

[terencio]

Thank you for sharing some valuable insights on how to be a successful investor and trader. I agree that investing is not a get-rich-quick scheme and it requires knowledge, discipline, planning and risk management. I especially like your point about investing in your mind before investing in any asset. I think that is the key to developing a winning mindset and a profitable strategy.

[AnonBitCoiner]

We lack the most confidence to invest. I have a doctor I know who always advises his patients that if you believe in yourself or are confident in yourself, you are 30% healthy. That is, the importance of self-confidence in every work is immense. So before investing you have to have confidence and then invest. So that you always have faith that you will benefit from the investment.

Yes this point is so true because we don't have any confidence and this thing make us a successful trader or investor as we know that we have the fear of lossing money so we don't work with open hearts but we take every step with fear and this thing will not give us wealthy lifestyle.

If a person think with patience and take step boldly then everything will happen accurately as it is  says that everything happens according to the hopes of individuals whether its in favor of users or against him.

[eightdots]

We can make mistakes in many things when our goal is directly wealth. Wealth is a result. You get this result when you do the right things in order. Sometimes, no matter how much you do right, you can't reach it. Some are rich from the moment they are born, while others strive for it for a lifetime. So keep doing your right things and think that wealth will emerge as a result.

[ZAINmalik75]

Are you talking about investments in the cryptocurrency market or investments in general? No investment actually guarantees you to get rich out of it, it is just that if you have chosen the right thing and your stars are perfectly aligned, you might get lucky and get rich out of a single investment that you've made, otherwise, it is not a very short process.

People spend the most part of their lives trying to get enough money to make their lives easy and comfortable, and for that, they make a lot of investments but only a few of them actually provide them with good results.

I agreed with you about this all because life is never been easy for all it's happen to few peoples those have right decisions on right time and stars are also into their favour for having better things in future otherwise I personally have many examples peoples invested huge funds and never have proper return or better things in life which were they expected after this investment.

For the few peoples this is excellent, but mostly peoples have never been ideal situation even many ended with bank corrupt and then lost their lives as well so if you want to invest and feeling to be rich very quickly it's never been easy just stay calm and do things properly hopefully you will be able to have better things even rich, but this all is risky never been easy as we have in theory.

[DiMarxist]

Investment may not guarantee someone's to success, and it's might guarantee someone's to success, because if person follow the rules of investment, then success is guaranteed. If an investor invests and holds their coin until a bull market, they will definitely be making profits out of their investment. And I'm very sure person can become rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and planning over a thing you're doing or trying to do.

[OgNasty]

While the word “rich” may be subjective, I think given enough time anyone could get “rich” by investing. All you have to do is follow what Warren Buffett says to do. Invest in an index fund and continue to do so for a long period of time. The longer you do so the more rich you will become. Common “market” index funds to invest in are SPY & VTI. It’s really that simple.

[suzanne5223]

Investment may not guarantee someone's to success, and it's might guarantee someone's to success, because if person follow the rules of investment, then success is guaranteed.

Really! What's the rule of investment?
Just as the topic says investment doesn't guarantee rich cause nothing is guaranteed no matter the rules you follow until the result of the investment is positive but it is always good to have deep knowledge about what you want to invest in and also learn about the historical trend of it to be prepared for risk management.

If an investor invests and holds their coin until a bull market, they will definitely be making profits out of their investment. And I'm very sure a person can become rich in the future and do it consistently, and not an unprofitable investment or make you not rich because it all depends on your knowledge and planning over a thing you're doing or trying to do.

Yes, everything depends on knowledge but it's not all coins that are worth holding for the long term till a bullish market because some crypto will make it out of the total bearish market. This is why Bitcoin is always recommended.

[Oilacris]

According to research over a long period of time, it is proven that money invested always gives good returns. And yes, there may be periods of a few months, a year, or several years when the market goes down, but in the long term you will still make a profit. And even better when the market goes down, you take advantage of buying and stay on your path for the long term.
Investing is the easiest and most efficient way to grow the money you save through investing, provided you invest in the right places and also have a good knowledge of where you invest. And you don't have to do it in bulk and do it within your means and use the money you can afford to lose, and I'm sure if you do it in the long term with a lot of patience and faith. And I'm sure you can be rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and quality in doing it and doing it in the right place.

Are you talking about investments in the cryptocurrency market or investments in general? No investment actually guarantees you to get rich out of it, it is just that if you have chosen the right thing and your stars are perfectly aligned, you might get lucky and get rich out of a single investment that you've made, otherwise, it is not a very short process.
People spend the most part of their lives trying to get enough money to make their lives easy and comfortable, and for that, they make a lot of investments but only a few of them actually provide them with good results.

All investments are risky no matter where they are. but the riskier the investment, the more profitable it is. as crypto is a big risky place and investing here is very risky. but much greater things can be achieved from here. which cannot be expected from any other investment. It is certainly true that no investment will guarantee you a profit no matter how many strong assets you invest in. If you invest for profit, you have to accept loss too

Main thing that you should be having in mind because once you do mold up that kind of mindset on which you would become rich once you do engage with investment then it would really be creating that

kind of desperation on which you would really be forgetting those basic principles in life or even just with investment.If you dont have that kind of realistic approach then you would be definitely
be having that kind of problem on the time that you would be facing up some problems. Be realistic and be not that delusional when it comes to targets on which you've been thinking up
already about the results despite on having that small investment of yours or whatever kind of investment you are dealing with.

There are people who do have high expectations on whatever they had invested without even trying out to think back again on what are the factors which could potentially affect out those outcomes
which would affect profitability. Therefore it would really be just right on having that realistic approach.

[Texac]

Investment may not guarantee someone's to success, and it's might guarantee someone's to success, because if person follow the rules of investment, then success is guaranteed. If an investor invests and holds their coin until a bull market, they will definitely be making profits out of their investment. And I'm very sure person can become rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and planning over a thing you're doing or trying to do.

i didn't see you mention any risk in investing, and as the op said, investing has no guarantee that you will succeed or will always get a return.  everything is risky and the risk is higher when we talk about cryptocurrencies. Not every coin will bring you profit, not every coin will increase in price when the bull season comes.
One more thing, history has proven long-term holding is profitable, but we can't guarantee that will happen in the future.  So never say for sure or confirm anything in this market.

[HajiBagi]

I concur that the steps you outline for learning before investing are crucial for all investors. As an investor, the first thing that comes to mind before investing is knowing the risk and being able to accept it. The second is having plans while investing because if you don't have plans for your investment, you are not a good investor. The third is investing with the understanding that something positive will always come from what you are investing.
Although investing doesn't ensure success, as long as you bear in mind that you must make it by adhering to some of the measures outlined here and have faith in your abilities despite your lack of knowledge, you will undoubtedly benefit greatly from your investment.

[landheer]

In most cases people who think like that are individuals who lack knowledge and experience in Bitcoin investment.  Bitcoin investment makes people rich actually but then it needs understanding and once the investor lacks this understanding  he will blame Bitcoin for his condition. Experience is the key to success in the Bitcoin world...

experience is indeed one of the keys to successful investing in btc, because indeed the experience of failure or success will certainly make us more mature in understanding about investing in btc.

so the point is to get rich from investing in btc it takes patience, experience and also large capital and so on.

[Bobrox]

Its seems wrong perception about "Investing doesn't guarantee you to be rich", why many people want to spent much money for investing on several investment kinds from property, gold, stock until their investment in Bitcoin because want to earn much profit and one way how to be rich. But in the reality why many people still poor after investing because they have wrong way with investment, not learning about method or technique how to invest invest their money and earn profit as soon possible. Indeed some one less experienced and make them failure when investing money in any investment place. But one thing how to be rich is become investor actually with Bitcoin can bring us success at the future when Bitcoin growing up to higher price.

[Crypt0Gore]

 You need to gain a lot of knowledge, that's what will determine your success with investment, you can easily mismanage your money in investment that could result in losing your money, risks available is why investments isn't guaranteed to make anyone rich, and you need time to learn and do research.

If you invest right you will get good results back, no knowledge is too small so don't always feel like you've learn enough, if I have to advise someone new in this space I will tell them to stay away from trading and altcoins investment first, if they are in haste to make money they should invest on Bitcoin and keep learning for the time being.

The fastest way to lose money in crypto is investing in altcoins, because altcoins consists of too many shitcoins, and take hype too.

[Marvell1]

You need to gain a lot of knowledge, that's what will determine your success with investment, you can easily mismanage your money in investment that could result in losing your money, risks available is why investments isn't guaranteed to make anyone rich, and you need time to learn and do research.

If you invest right you will get good results back, no knowledge is too small so don't always feel like you've learn enough, if I have to advise someone new in this space I will tell them to stay away from trading and altcoins investment first, if they are in haste to make money they should invest on Bitcoin and keep learning for the time being.

The fastest way to lose money in crypto is investing in altcoins, because altcoins consists of too many shitcoins, and take hype too.

I think knowledge is not enough, investment, like other professions, must have all the elements to succeed. Knowledge is a prerequisite to have, but skills and experience are also indispensable factors to help you succeed. And that is the difference between a newbie and a pro, a newbie still has knowledge if he prepares well but still loses because of lack of skills and experience.

Agreed, newbies should not invest in altcoins because the risk is quite large. But that doesn't mean altcoins are useless, if one is confident that he or she has enough knowledge and risk tolerance, investing in altcoins will yield much better returns than bitcoin.

[Nrcewker]

First we should make ourselves clear that, how much money is sufficient to claim that we are “rich” now. If you don’t have a definition for this, then no matter how much money you make, there will be always a hunger to make more money. And now regarding the investments, then whether it’s crypto investments or any other form of investment, it doesn’t make you full with money in a night. In each and every investments, there is risks involved, and you can overcome the risks with proper research and calculations.

[Victorik]

Investing doesn't guarantee you becoming rich, it depends on what you are investing in and how much you are investing in it. Matter of fact, investing can also make you poor. Imagine putting all your hard earned money on an investment that ended up failing woefully.
So you see, beside all you have listed out here, you also need to be smart with your investment.

[MarjorieZimmermanGinger]

I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

In addition to knowledge consistency is needed in investing, while success or failure depends on how a person plans the investment he is making. Investment requires money as the main requirement to run it, if you have a little capital to start then the profit will follow the adjustment of the capital, whether you become rich or not depends on how much money you use to invest.

Talking about investment reality will bring you to the stage of wealth if you have large capital and you know the right moment to buy. Profits will be proportional to the capital you have and the greater the capital you place, the greater the profit you will get, that is the actual investment formula logically and in reality.

[carlisle1]

Investment may not guarantee someone's to success, and it's might guarantee someone's to success, because if person follow the rules of investment, then success is guaranteed. If an investor invests and holds their coin until a bull market, they will definitely be making profits out of their investment. And I'm very sure person can become rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and planning over a thing you're doing or trying to do.

i didn't see you mention any risk in investing, and as the op said, investing has no guarantee that you will succeed or will always get a return.  everything is risky and the risk is higher when we talk about cryptocurrencies. Not every coin will bring you profit, not every coin will increase in price when the bull season comes.
One more thing, history has proven long-term holding is profitable, but we can't guarantee that will happen in the future.  So never say for sure or confirm anything in this market.

No guarantee unless you are holding either Bitcoin or ETH as history always repeating itself, just buy and hold and set your target
then forget about your investment for a while.

If things favor your side in a much quicker time frame, then it will be good, but if you need to wait for a longer time, then it's okay as you trust the
asset that you are holding.

Only time can tell whether the market will bounce high and give you decent benefits, not a guarantee as what OP said but
chances to earn a good amount is also possible to happen.

[Texac]

Investment may not guarantee someone's to success, and it's might guarantee someone's to success, because if person follow the rules of investment, then success is guaranteed. If an investor invests and holds their coin until a bull market, they will definitely be making profits out of their investment. And I'm very sure person can become rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and planning over a thing you're doing or trying to do.

i didn't see you mention any risk in investing, and as the op said, investing has no guarantee that you will succeed or will always get a return.  everything is risky and the risk is higher when we talk about cryptocurrencies. Not every coin will bring you profit, not every coin will increase in price when the bull season comes.
One more thing, history has proven long-term holding is profitable, but we can't guarantee that will happen in the future.  So never say for sure or confirm anything in this market.

No guarantee unless you are holding either Bitcoin or ETH as history always repeating itself, just buy and hold and set your target
then forget about your investment for a while.

If things favor your side in a much quicker time frame, then it will be good, but if you need to wait for a longer time, then it's okay as you trust the
asset that you are holding.

Only time can tell whether the market will bounce high and give you decent benefits, not a guarantee as what OP said but
chances to earn a good amount is also possible to happen.

I still want to re-emphasize OP's point, there is no guarantee that investing will make you rich.  what do you have to prove and confirm that history will always repeat itself? it is often said that the future is unpredictable, if you can be sure, does that mean you already know the future? to me, if everything were so predictable and easy to make money, we all would be rich, everyone would borrow money and sell all assets to invest in bitcoin because, as you said, history always repeats itself. 

[axxo]

To answer that there is no guarantee that we can be rich or become successful in investing. To increase the chances of success we may consider doing this tips. We need to have a set of clear goals, objectives and try to develop strategies on how to achieve those goals. This will help us to stay focused and we can make the right decision. We need to diversify our portfolio if we will invest and do not put all eggs in a basket because of the risk involve in investing. Invest for a long term with this kind of investment it is important to have patience and discipline. Do not make short term trades based on your emotions because it might loose your investments.

[Faisal2202]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin

You arose a great point here and it's totally legit. Because i have seen it with my own eyes and in the past i also have the same vision. But as time passed, i came to know more about crypto, started to write an article even made a website on crypto. All of these experience has made me solid and increased my confidence too. It will do the same for anyone who wants to invest. As Knowledge is power without it you lose. Even if we have invested in BTC or in any of the assets we still have to look for it and analyze the market condition.

1. DESIRE:

I understood this point few months back. Like i was watching TikTok videos and people were showing rich content they have. In reality, i know some of their financial conditions then i came to realize that no wonder social media is full of fakeness. Then i also understand, why i want to earn money. How much i want to make? for example, i am making a good living now but still my mind keeps saying to me you have still some spare time and you have to do some work in that time. I keep asking myself why i should put that much effort to earn money. what do i want? is more necessary. As, i am making money and not fulfilling any of my wishes why? because my wishes are expensive but i am also not working enough to get them just had a mindset that when the time comes i will get them. But that's not true. I used to pray to Allah that, i get the first position in my exams, i put all of my potential in it, and by the grace of Allah, i achieved it many times. Still, i don't pray to Allah, of becoming rich. i just pray, to make my life and death easy for me. As a Muslim, i don't desire to be rich but desire to help others but you know what? that needs money So, then i started to ask for money in my prayer that i could help others.

I also admire your all of other points but this point is most necessary because once you set your mind to achieve a position and work for it and pray to Allah for it. one day you will achieve that Insha Allah. And that's what is desire. In the procedure, you automatically acquired all other mentioned points in your self.

[Quidat]

Investment may not guarantee someone's to success, and it's might guarantee someone's to success, because if person follow the rules of investment, then success is guaranteed. If an investor invests and holds their coin until a bull market, they will definitely be making profits out of their investment. And I'm very sure person can become rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and planning over a thing you're doing or trying to do.

i didn't see you mention any risk in investing, and as the op said, investing has no guarantee that you will succeed or will always get a return.  everything is risky and the risk is higher when we talk about cryptocurrencies. Not every coin will bring you profit, not every coin will increase in price when the bull season comes.
One more thing, history has proven long-term holding is profitable, but we can't guarantee that will happen in the future.  So never say for sure or confirm anything in this market.

No guarantee unless you are holding either Bitcoin or ETH as history always repeating itself, just buy and hold and set your target
then forget about your investment for a while.

If things favor your side in a much quicker time frame, then it will be good, but if you need to wait for a longer time, then it's okay as you trust the
asset that you are holding.

Only time can tell whether the market will bounce high and give you decent benefits, not a guarantee as what OP said but
chances to earn a good amount is also possible to happen.

I still want to re-emphasize OP's point, there is no guarantee that investing will make you rich.  what do you have to prove and confirm that history will always repeat itself? it is often said that the future is unpredictable, if you can be sure, does that mean you already know the future? to me, if everything were so predictable and easy to make money, we all would be rich, everyone would borrow money and sell all assets to invest in bitcoin because, as you said, history always repeats itself.  

There no guarantee on this world.   No matter what are the things you are involved into and no matter what you've been dealing into, there's no assurance to that. Being rich isnt something a state
on which you could be able to reach up without doing nothing except if you do get some inheritance or hit up some lotteries or some sort or making hit some jackpots on making yourself rich instant.
In speaking about investment then dealing up with this doesnt guarantee success, you should consider that competition is high and it would really be like survival of the fittest and to those people who
arent really that good would really be definitely experiencing such losses. This is why when you do make out investment then always be that open minded that you should be able
to bare up such risks and be wary on how to deal with it.

[crunck]

To answer that there is no guarantee that we can be rich or become successful in investing. To increase the chances of success we may consider doing this tips. We need to have a set of clear goals, objectives and try to develop strategies on how to achieve those goals. This will help us to stay focused and we can make the right decision. We need to diversify our portfolio if we will invest and do not put all eggs in a basket because of the risk involve in investing. Invest for a long term with this kind of investment it is important to have patience and discipline. Do not make short term trades based on your emotions because it might loose your investments.

What you say is basic knowledge that any investor already knows. It is easy to say but to apply and implement it is not as easy as you think. That's why there are not too many successful investors, even though they know everything you say. Whether in investment or whatever, success will not come when we apply the fundamental theories spread on the internet. But we need to have our own mindset and orientation that best suits us to be able to bring out our full potential to achieve success.

[IvugeoEvolutionCoin]

Investing doesn't guarantee you becoming rich, it depends on what you are investing in and how much you are investing in it. Matter of fact, investing can also make you poor. Imagine putting all your hard earned money on an investment that ended up failing woefully.
So you see, beside all you have listed out here, you also need to be smart with your investment.

There are very few people who have become rich by investing. Most people who invest are still losing a lot of money. I think we need to invest in the right coins to invest.  But the way bitcoin is in the market right now is the right place to make an investment. It is a market worth keeping, so if we can invest now, it will be very profitable for us.

[Cryptmuster]

In addition to knowledge consistency is needed in investing, while success or failure depends on how a person plans the investment he is making. Investment requires money as the main requirement to run it, if you have a little capital to start then the profit will follow the adjustment of the capital, whether you become rich or not depends on how much money you use to invest.

Talking about investment reality will bring you to the stage of wealth if you have large capital and you know the right moment to buy. Profits will be proportional to the capital you have and the greater the capital you place, the greater the profit you will get, that is the actual investment formula logically and in reality.

Large capital experienced investors are trying to invest in more reliable areas, such as real estate and the like. In this case, the profit may be less, but for that there will also be less risks. A cautious investor would rather buy a hotel than invest such a huge amount of money in bitcoin, knowing about its high volatility. Moreover, bitcoin will also not be able to always grow in price at such a high rate, and someday this will change. And the hotel is able to bring a stable income, without big surprises.

[rybako]

Investing doesn't guarantee you becoming rich, it depends on what you are investing in and how much you are investing in it. Matter of fact, investing can also make you poor. Imagine putting all your hard earned money on an investment that ended up failing woefully.
So you see, beside all you have listed out here, you also need to be smart with your investment.

There are very few people who have become rich by investing. Most people who invest are still losing a lot of money. I think we need to invest in the right coins to invest.  But the way bitcoin is in the market right now is the right place to make an investment. It is a market worth keeping, so if we can invest now, it will be very profitable for us.

In addition to choosing good coins, another important factor is timing. If you are able to spot a good coin in initial stages, no one can stop you. Even a billion in profit is possible if you spot next potential bitcoin at right time.

[MarjorieZimmermanGinger]

Large capital experienced investors are trying to invest in more reliable areas, such as real estate and the like. In this case, the profit may be less, but for that there will also be less risks. A cautious investor would rather buy a hotel than invest such a huge amount of money in bitcoin, knowing about its high volatility. Moreover, bitcoin will also not be able to always grow in price at such a high rate, and someday this will change. And the hotel is able to bring a stable income, without big surprises.

Investors as you mentioned are not involved in the crypto space in general and they tend to take advantage of investments in other places that have a much smaller risk, such as Real Estate, Hotels and other businesses, but talking about profits is also proportional to the capital we have because of the three the investment model also requires a large amount of money. But most of us talk about investors in the crypto and bitcoin space, so considering volatility is a way that should be minimized as little as possible with methods and knowledge of investing in bitcoin.

That's why I said wealth will be in line with the capital we use for investment, especially when we believe in bitcoin for investment and I still believe bitcoin is one of the best investments for the future rather than choosing another crypto that is not fundamental. Many sources make us believe in bitcoin more than other cryptos because there is a lot of evidence about the success that people are getting nowadays.

[rhodelmabanal]

Still depend on luck, not all investors are successful most of them are also losers and most are still looking for profit until this present time, if you are an investors it does not mean that you will become reach in the next couple of months or years because you still have to work hard on it , and even if you work hard if you are not lucky then you still not get profit to become reach.

[GideonGono]

Let's just be honest nothing in this world could guarantee you that you could get rich.
Investment, business and even work those three that could make you earn money doesn't really guarantee to make you rich.
Investment and business have their risk while working let's just say that not all job could make you earn well.
And if you want to be rich it all comes down on how you mange your time and money, you can't aim to be rich or wealthy while earning only enough to survive while spending like a millionaire.

[Victorik]

Investing doesn't guarantee you becoming rich, it depends on what you are investing in and how much you are investing in it. Matter of fact, investing can also make you poor. Imagine putting all your hard earned money on an investment that ended up failing woefully.
So you see, beside all you have listed out here, you also need to be smart with your investment.

There are very few people who have become rich by investing. Most people who invest are still losing a lot of money. I think we need to invest in the right coins to invest.  But the way bitcoin is in the market right now is the right place to make an investment. It is a market worth keeping, so if we can invest now, it will be very profitable for us.

Yes! You are very correct on that. Not everyone who have invested in crypto have become rich today. Some of them have even lost their money, but have kept pushing because of the faith they have in crypto.

[Victorik]

Investing doesn't guarantee you becoming rich, it depends on what you are investing in and how much you are investing in it. Matter of fact, investing can also make you poor. Imagine putting all your hard earned money on an investment that ended up failing woefully.
So you see, beside all you have listed out here, you also need to be smart with your investment.

There are very few people who have become rich by investing. Most people who invest are still losing a lot of money. I think we need to invest in the right coins to invest.  But the way bitcoin is in the market right now is the right place to make an investment. It is a market worth keeping, so if we can invest now, it will be very profitable for us.

In addition to choosing good coins, another important factor is timing. If you are able to spot a good coin in initial stages, no one can stop you. Even a billion in profit is possible if you spot next potential bitcoin at right time.

But the question is how can we tell a good coin that will do well later seeing that some of them look very promising from the start, but end up going south along the line.
Sometimes what we need is just one coin to invest in early and that can change our lives forever.

[Ojima-ojo]

The fact is that investment in general entails a lot of risk and not all investments will end in profits, some will lead to great profits ending.


While on other occasions, the market can go overboard against you, so what is important is that at every point in time, we need to build the financial knowledge that could point us to great advantages which could minimize our risk level.

[ajiz138]

The fact is that investment in general entails a lot of risk and not all investments will end in profits, some will lead to great profits ending.


While on other occasions, the market can go overboard against you, so what is important is that at every point in time, we need to build the financial knowledge that could point us to great advantages which could minimize our risk level.

There are many investments with minimal risk, there are also investments with high risk, in this category, you can choose whichever is the readiness, but behind big risks there must be high returns and we may hear that saying often.

If you want to get rich quickly from investing, it's impossible unless you go through several phases that you go through.

Knowledge of bitcoin is also important, in bearish times how to take advantage of it as an early investment because it is likely that bitcoin will recover again after being bearish, your patience is also very important if you are involved in bitcoin.

[lalabotax]

Investing doesn't guarantee you to be rich

This should be a major concern and should always be kept in mind. That's right, especially investing in cryptocurrency, there is no guarantee if you will get rich. Crypto is something that is tempting and sometimes very worthy, but on the other hand, the risks are also very large. You may see a lot of people getting rich because of crypto, but do you see how they struggle to get to that rich phase? I'm sure nothing is instant, everything definitely needs a tough struggle, including going through a bearish phase, a phase where a lot of FUD was thrown, a phase where Bitcoin was really not recognized and valued, and so on. It is possible that before they have suffered more than we have experienced and they succeeded. So, it's not that easy to get rich. Unless you really have a lot of money and invest at the right time and lucky. This also doesn't happen to everyone.

[Distinctin]

While the word “rich” may be subjective, I think given enough time anyone could get “rich” by investing. All you have to do is follow what Warren Buffett says to do. Invest in an index fund and continue to do so for a long period of time. The longer you do so the more rich you will become. Common “market” index funds to invest in are SPY & VTI. It’s really that simple.

If you go for bitcoin long term investment, I think the profits will be more guaranteed and secured but if you only invest for short term duration, expect that taking profits would still very hard to achieve. Although investment has its high risk especially for beginners, but if you know where and how to invest, you will actually make significant profits in time together with your patience and perseverance that are vital keys to be successful in investing.

[minersday]

People need to understand and remember that investing has risks, and there are no guarantees of profit. Continuous learning, adaptation, and a long-term perspective are required. You may boost your chances of success in investing by equipping yourself with information, being disciplined, and properly managing risks.
To be successful in investing, you must approach it with the correct mentality, knowledge, and tactics. Consider the following fundamental principles:

Research and education: Learn about various investment vehicles, markets, and techniques. Understand the concepts of risk and reward, diversification, and asset allocation. Keep up with market movements and news.

Set Specific Goals: Determine your financial objectives and time span for investing. This will help you make investment decisions and determine the proper amount of risk.

Risk Assessment: Evaluate the risks involved with each investment. Diversify your portfolio by diversifying across asset classes and locations. Review and adjust your portfolio on a regular basis.

[wastagnn]

Investing itself carries risks. While investments have the potential to bring returns, they can also result in losses.
Investing requires time and patience, treated with prudence and rationality. Investors should conduct sufficient research and diversify investment risks to reduce possible losses.

[woez]

Investing itself carries risks. While investments have the potential to bring returns, they can also result in losses.
Investing requires time and patience, treated with prudence and rationality. Investors should conduct sufficient research and diversify investment risks to reduce possible losses.

I support your statement this requires patience. usually happens and it works when the BTC drop occurs. to reduce the possibility of risk occurring it is true as you say but look at the reality in the market, if BTC just goes down a little. the others are really affected there are also 5x faster and for the rebound it takes a long time. But if you invest with BTC, I'm sure the feeling is much different and the effect isn't as strong as in altcoins.

[Lorence.xD]

Investing itself carries risks. While investments have the potential to bring returns, they can also result in losses.
Investing requires time and patience, treated with prudence and rationality. Investors should conduct sufficient research and diversify investment risks to reduce possible losses.

Also starting with small amount is a must in investing so despite being a newbie or lossing some assets you could already gather some knowledge and techniques once you experienced loss. Of course I am not saying to rely on your losses for you to have informations regarding investment. We're on the era of the internet where almost every information you could search online. You could also attend some seminars first. In short there's a lot of process for you to master investing so in that way you could profit and be rich.

[CageMabok]

Investing itself carries risks. While investments have the potential to bring returns, they can also result in losses.
Investing requires time and patience, treated with prudence and rationality. Investors should conduct sufficient research and diversify investment risks to reduce possible losses.

What you say is usually done more often by novice investors because they still need caution and rationality and patience in achieving profits by using some precise strategies to reduce the risk of loss that may come suddenly. But for investors who have been around for a long time or who often invest in the long term, especially in Bitcoin investments, of course they have prepared things like the ones you mentioned from the start because besides they are very used to investing, they are also very experienced so they already know a way to make a decision after some more mature deliberation.

I support your statement this requires patience. usually happens and it works when the BTC drop occurs. to reduce the possibility of risk occurring it is true as you say but look at the reality in the market, if BTC just goes down a little. the others are really affected there are also 5x faster and for the rebound it takes a long time. But if you invest with BTC, I'm sure the feeling is much different and the effect isn't as strong as in altcoins.

Patience is only needed when the price of the assets we invest decreases, while for other sectors I don't think patience is needed because what is really or more needed is a strategy and how to store it. Because the investment that feels more enjoyable is investing in the long term, not just in the short or short term, which is almost the same as trading in the market. But apart from all that, I also agree with the application of patience in investing because this is an important point in investing in addition to several other points that must also be present.

[MiF]

Yes because not all investors are successful, some investors are not successful and some are quiting on investing without any profit that they get from investing, it depends on the luck and how you do investing in a serious way, if you don't have focus you were surely loss so investing is not the way to become rich to everybody still depends on us.

[Inwestour]

Patience is only needed when the price of the assets we invest decreases, while for other sectors I don't think patience is needed because what is really or more needed is a strategy and how to store it. Because the investment that feels more enjoyable is investing in the long term, not just in the short or short term, which is almost the same as trading in the market. But apart from all that, I also agree with the application of patience in investing because this is an important point in investing in addition to several other points that must also be present.

If investing could guarantee a return, then everyone would become an investor and make a profit, but actually it is not. There are always risks, and the reasons may be different, but if an investor knows how to analyze well and is disciplined, then he will almost certainly be able to achieve a positive result. I'm talking about investing in bitcoin, because in the case of altcoins, the risks are even greater.

Also starting with small amount is a must in investing so despite being a newbie or lossing some assets you could already gather some knowledge and techniques once you experienced loss. Of course I am not saying to rely on your losses for you to have informations regarding investment. We're on the era of the internet where almost every information you could search online. You could also attend some seminars first. In short there's a lot of process for you to master investing so in that way you could profit and be rich.

There is really a lot of information on the Internet, but it is better to try once than hear a hundred times, so investing requires practice. Starting small or large will depend on your investment strategy, if we can spread your deposit into equal parts, or maybe you don't have this amount, but you can save it monthly, then DCA will be a good strategy in this case. This simplifies investing because you don't have to worry about finding the best entry point, and over the course of investing, you will eventually hit a good purchase price.

[Bitstar_coin]

If investing doesn't guarantee richness is keeping the money idle does?
I think your topic head is a bit contradictory from the content.  Investing in the right business with the right mindset can make you rich, likewise investing in bad business. The point is knowing when and what to invest on.

[Ayers]

Investing itself carries risks. While investments have the potential to bring returns, they can also result in losses.
Investing requires time and patience, treated with prudence and rationality. Investors should conduct sufficient research and diversify investment risks to reduce possible losses.

Also starting with small amount is a must in investing so despite being a newbie or lossing some assets you could already gather some knowledge and techniques once you experienced loss. Of course I am not saying to rely on your losses for you to have informations regarding investment. We're on the era of the internet where almost every information you could search online. You could also attend some seminars first. In short there's a lot of process for you to master investing so in that way you could profit and be rich.

I really like the strategy when I'm just starting, so I should use the minimum amount of capital to get used to everything, so I don't rush to invest a large amount of money when I have no experience. This is the mistake most beginners make.

Loss can be said to be an integral part of investing, so we should be ready to accept it in any situation, I have never seen a successful investor without experiencing losses. Failure is the mother of success, which is a fact that new investors should accept from the start. Investing is the way to success faster than others, but the difficulties we face will also be more. Therefore, success or not depends on each person's strategy.

[Yamifoud]

If investing doesn't guarantee richness is keeping the money idle does?
I think your topic head is a bit contradictory from the content.  Investing in the right business with the right mindset can make you rich, likewise investing in bad business. The point is knowing when and what to invest on.

If OP is right then nobody wants to become an investor...
Fortunately, we never see such an idea was right but definitely wrong. If he is able to see the reality of investing, he'd really find out that these rich people are investors.

Well, I'm glad not he say that being an employee guarantees us to become rich otherwise, I quit being an investor and get back to working under the boss who is an investor.

[Japinat]

The fact is that investment in general entails a lot of risk and not all investments will end in profits, some will lead to great profits ending.


While on other occasions, the market can go overboard against you, so what is important is that at every point in time, we need to build the financial knowledge that could point us to great advantages which could minimize our risk level.

There are many investments with minimal risk, there are also investments with high risk, in this category, you can choose whichever is the readiness, but behind big risks there must be high returns and we may hear that saying often.

If you want to get rich quickly from investing, it's impossible unless you go through several phases that you go through.

Knowledge of bitcoin is also important, in bearish times how to take advantage of it as an early investment because it is likely that bitcoin will recover again after being bearish, your patience is also very important if you are involved in bitcoin.

Not just in cryptocurrency field alone because the reality is, there's no field in investment that offers guarantee. We always talk about the risks, no matter how big or small it is because that is more realistic rather talking about guarantees unless if you're in a scam project where everything are just too good to be true, you may earn and reap the profits if you're lucky but in most cases, you are just donating your hard earned money.

[Sanitough]

I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

In addition to knowledge consistency is needed in investing, while success or failure depends on how a person plans the investment he is making. Investment requires money as the main requirement to run it, if you have a little capital to start then the profit will follow the adjustment of the capital, whether you become rich or not depends on how much money you use to invest.

Talking about investment reality will bring you to the stage of wealth if you have large capital and you know the right moment to buy. Profits will be proportional to the capital you have and the greater the capital you place, the greater the profit you will get, that is the actual investment formula logically and in reality.

That is if you are investing with skills and high knowledge. Otherwise, large capital does not guarantee big profits at all since investing without preparation will only waste your money and efforts. However, know that all investors should experience inevitable losses before they succeed and achieve bigger profits. So never be discouraged if you are exposed to losses especially if you are still a beginner, that will motivate you to deepen your desire to succeed as you grow and improve your investing experience.

[n0ne]

The fact is that investment in general entails a lot of risk and not all investments will end in profits, some will lead to great profits ending.


While on other occasions, the market can go overboard against you, so what is important is that at every point in time, we need to build the financial knowledge that could point us to great advantages which could minimize our risk level.

There are many investments with minimal risk, there are also investments with high risk, in this category, you can choose whichever is the readiness, but behind big risks there must be high returns and we may hear that saying often.

If you want to get rich quickly from investing, it's impossible unless you go through several phases that you go through.

Knowledge of bitcoin is also important, in bearish times how to take advantage of it as an early investment because it is likely that bitcoin will recover again after being bearish, your patience is also very important if you are involved in bitcoin.

Not just in cryptocurrency field alone because the reality is, there's no field in investment that offers guarantee. We always talk about the risks, no matter how big or small it is because that is more realistic rather talking about guarantees unless if you're in a scam project where everything are just too good to be true, you may earn and reap the profits if you're lucky but in most cases, you are just donating your hard earned money.

Every investment comes with a disclaimer, investment is subject to market risk. Please understand well and invest, which is the real fact about investment. Just investing and leaving it for the long term doesn't assure with the profit or being rich. Every investment used to grow in value over time, but to become rich is not a simple thing. We should understand well about the market and know in which asset to invest. This is possible only through continued observation of the market as well as experimenting the market variations.

[BD Crypto]

In crypto market sometimes confidence doesn't work because of market manipulation by whales. For that I will suggest to buy at the dip and place your order on a support level. And always we should use stop loss for funds safety. We can recover small losses but if market crash then we may not be able to place order again and our confidence will go to zero.

[Ojima-ojo]

Sometimes you need a little bit of luck

Yes, that is it, luck plays a vital role in our daily dealings and not only in gambling do we need luck, we also need luck when investing even though we will rely more on our analysis of the market.

Btw luck on the side of investment plays a minimal role and doesn't have that much role to play in the outcome of it, but if luck is on your side, you will easily choose the right investment instead of trial and error of analysis that sometimes leads to further losses.

[serjent05]

If investing doesn't guarantee richness is keeping the money idle does?

Obviously, it does not, but whether the investment can make someone rich is dependent on the profit of the investment.  Whether the profit is recurring or just one time.  Also, there is no guarantee that an investment is a success until it happens.

I think your topic head is a bit contradictory from the content.  Investing in the right business with the right mindset can make you rich, likewise investing in bad business. The point is knowing when and what to invest on.

The content tells the things to do to ensure that investment will be a success,  in my case, the topic is missing something to make it connect to the content.  But all in all, it is a good suggestion to do when one is into an investment.

[EdenHazard]

If investing doesn't guarantee richness is keeping the money idle does?
I think your topic head is a bit contradictory from the content.  Investing in the right business with the right mindset can make you rich, likewise investing in bad business. The point is knowing when and what to invest on.

If OP is right then nobody wants to become an investor...
Fortunately, we never see such an idea was right but definitely wrong. If he is able to see the reality of investing, he'd really find out that these rich people are investors.

Well, I'm glad not he say that being an employee guarantees us to become rich otherwise, I quit being an investor and get back to working under the boss who is an investor.

At least with any kind investment you are involved in , you have a better chance to achieve that what so called 'rich' ... you will also had something to expect in the coming months or years ... beside your main income , there are a lot more positive thing than the negative one.

So there is no reason to fight against this idea.

[Woodie]

Unfortunately thats what many of us think about investing that it will always pay us a profit and become Rich in a few steps.

But unfortunately  the reality of the so called investing is that its kind of gambling with only two results,  win or lose and this is what the successful people don't tell you.
 And sadly  the people that get rich from investments are those that can repeat something over and over.. in the process growing their bank accounts which is archived  after so many failed attempts.

Sometimes you need a little bit of luck

Agreed,  some people get their Riches from hard work, others only need a little bit of luck and boom success  written all over them just like that.

[Latviand]

Sometimes you need a little bit of luck

You do need it but it's ignorable if you are smart and analytical when it comes to investing, knowing the right companies, the behavior of the market, the trends in cryptocurrency market is enough ammunition for you to be able to make sensible and profitable investment strategy.

Investing doesn't guarantee you to be rich but if you know what you are doing, it's already guarantee that you can make some bread with investing, the rich part matters only by how much money you've put in that smart investment: smaller amounts will accumulate but it's a slow movement, large amounts on the other hand is like hitting the jackpot in a gameshow.

[Iranus]

Sometimes you need a little bit of luck

Yes, that is it, luck plays a vital role in our daily dealings and not only in gambling do we need luck, we also need luck when investing even though we will rely more on our analysis of the market.

Btw luck on the side of investment plays a minimal role and doesn't have that much role to play in the outcome of it, but if luck is on your side, you will easily choose the right investment instead of trial and error of analysis that sometimes leads to further losses.

I also think like you, to have success not only needs a little luck, but luck plays an equally important role in our efforts. Without it, I don't think we would be successful, especially with a market as volatile and unpredictable as crypto. That is also why many intelligent and knowledgeable people fail to succeed, while some people who do not need to be very good still easily succeed.
Regarding success in the crypto market, I think we need to rely more on luck than effort, although we shouldn't stop trying to get the best results.

[nesty]

Investing doesn't guarantee us to be rich because investing involves a lot of risks, and there is no guarantee that the investments we have will earn a big profit. The market is unpredictable weather it is a stock market or crypto market and there is always a chance of losing money. Investing really requires patience and discipline and it may take more years for investment to grow. We should have the knowledge and skills before we invest. It is important to make a research first before investing to any kind of investment. Never invest what you cannot afford to lose.

[woez]

I support your statement this requires patience. usually happens and it works when the BTC drop occurs. to reduce the possibility of risk occurring it is true as you say but look at the reality in the market, if BTC just goes down a little. the others are really affected there are also 5x faster and for the rebound it takes a long time. But if you invest with BTC, I'm sure the feeling is much different and the effect isn't as strong as in altcoins.

Patience is only needed when the price of the assets we invest decreases, while for other sectors I don't think patience is needed because what is really or more needed is a strategy and how to store it. Because the investment that feels more enjoyable is investing in the long term, not just in the short or short term, which is almost the same as trading in the market. But apart from all that, I also agree with the application of patience in investing because this is an important point in investing in addition to several other points that must also be present.

Yes. financial management is urgently needed. but, if what we invest goes up, we will be excited, if it goes down, be patient, the best we can do. I think what you explain to me makes sense and good opinion. Thank you

[Reatim]

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

[xSkylarx]

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.

[bayu7adi]

Investing itself carries risks. While investments have the potential to bring returns, they can also result in losses.
Investing requires time and patience, treated with prudence and rationality. Investors should conduct sufficient research and diversify investment risks to reduce possible losses.

If we're talking about investing in the financial sector, then yes. We all need some specialized knowledge to make wiser decisions regarding our investments and the money involved.
Luck also plays a significant role in the final outcome for an investor.
Apart from Bitcoin, we can actually invest in education for the growth of our minds. By filling our minds with financial knowledge, it will be immensely beneficial in determining the direction and steps of every decision we make in Bitcoin investments.

[Litzki1990]

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.

[EarnOnVictor]

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.

I wish you guys are correct, but you are certainly wrong, and it is so awkward to be comparing investment with gambling/lottery. Frankly, a guarantee is not the same thing as perfect, nothing is perfect in life, but when it comes to a guarantee, a lot could be guaranteed you would even work/practice to an extent and what you thought doesn't have a guarantee will be what will be your means of livelihood.

I am a trader and investor for long years and I have seen and met a few people in about 5 countries doing extremely well in trading and investment. They do nothing aside these and they are rich. So what do you call that? Hasn't it guaranteed their riches?

We should not be thinking about ourselves and our capability alone, to you, it might not guarantee it because you have not trained to the extent of knowing the key but some have found it already.

[jeraldskie11]

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.

This is partially correct, and it occurred in 2021. Many people are investing money in cryptocurrencies without adequate information. They believe that investing will make them wealthy quickly, but the results have been the contrary of what they expected. They lose a lot of money in the process. But if they just knew how Bitcoin works, I mean if they had enough knowledge of it, they would undoubtedly get wealthy with it in the future. I am convinced that Bitcoin will not return to zero due to its essential characteristic a scarcity, which is why I invested in it and will hold it until it reaches the price I desire before selling it.

[barisbilgili]

This is partially correct, and it occurred in 2021. Many people are investing money in cryptocurrencies without adequate information. They believe that investing will make them wealthy quickly, but the results have been the contrary of what they expected. They lose a lot of money in the process. But if they just knew how Bitcoin works, I mean if they had enough knowledge of it, they would undoubtedly get wealthy with it in the future. I am convinced that Bitcoin will not return to zero due to its essential characteristic a scarcity, which is why I invested in it and will hold it until it reaches the price I desire before selling it.

that is why it is necessary to have some knowledge before starting to invest and not only in Bitcoin but all things.
many people see the success of other people who take a lot of profits in a fast time on Bitcoin so that other people flock to do it too, that's a big mistake in my opinion.
understand everything before starting to invest and then decide.

if you have known Bitcoin for a long time, surely you will believe in your future investment, as well as me, I will believe in investing in Bitcoin in the long term, no matter the current price correction, but I believe that one day Bitcoin will return to the price which is high and I can take big profits, all of that needs a process.

There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.

Bitcoin price movements move very quickly and significantly so that it is possible for anything to happen, but for people who hope to get rich in a short time I think a big mistake is precisely by doing so creating a very high risk.
if trading Bitcoin in a short time maybe someone can get rich because of its fluctuating movements, but it must also be realized that the risks that will be faced will be quite proportional to the possible profits that will be obtained.

[Dr.Osh]

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.

yes, I also do not agree that in investment, there is a 100% guarantee to get profit. I'd rather say that the opportunity to earn is in every legit investment. After all, we don't know what will happen to the investments we invest specifically in bitcoins. we may be sure that in the future we will get a profit, but there is no 100% guarantee. for example, right now quite a lot of people are investing in bitcoin when it reaches ATH, but until now they are still getting losses. in the future the price of bitcoin will most likely rise, and it is likely that if they hold on to the bitcoins they have, they will get their profits back. however, there is no guarantee for that.
So, I think we have to keep doing research and analysis to get that opportunity close to a high percentage return, even though there's no guarantee for that.

[Smack That Ace]

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.

This is partially correct, and it occurred in 2021. Many people are investing money in cryptocurrencies without adequate information. They believe that investing will make them wealthy quickly, but the results have been the contrary of what they expected. They lose a lot of money in the process. But if they just knew how Bitcoin works, I mean if they had enough knowledge of it, they would undoubtedly get wealthy with it in the future. I am convinced that Bitcoin will not return to zero due to its essential characteristic a scarcity, which is why I invested in it and will hold it until it reaches the price I desire before selling it.

Scarcity is not the main factor determining the future of bitcoin. Even if bitcoin becomes more scarce, it will become useless and worthless if there is no demand for it. There are many factors to judge the future of bitcoin. Bitcoin is a technology asset, and if compared to traditional assets, it is far superior, but technology is always evolving, not stopping. So it is entirely possible that something superior to bitcoin will be created. The future is unpredictable. In short, investing in bitcoin or any other asset is risky, and no investment offers high returns without risk.

[ItsCrafty]

Investing doesn't guarantee us to be rich because investing involves a lot of risks, and there is no guarantee that the investments we have will earn a big profit. The market is unpredictable weather it is a stock market or crypto market and there is always a chance of losing money. Investing really requires patience and discipline and it may take more years for investment to grow. We should have the knowledge and skills before we invest. It is important to make a research first before investing to any kind of investment. Never invest what you cannot afford to lose.

Investing is a commonly used method for potentially growing wealth, but it does not guarantee that you will become rich in a short time because investing involves allocating money or resources with the expectation of generating profits or returns over time. It totally depends upon the risks you take, market volatility, your time to research and learn, and your ability to bear losses. Sometimes it is a method of long-term investment where you earn from different resources. Also, it’s important to note that investing should be done based on an individual's financial goals, risk tolerance, and personal circumstances. Someone shows an interest in short-term investment, and they do that well in the right span of time.

[rachael9385]

Investment does not guarantee you to be rich because is has risk, many people thinks that if the invest in bitcoin they will be rich all of a sudden

[naira]

The title does not stand completely because there is nothing guarantee in the world mate specially in investing here in bitcoin .

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.

Conversely, investment teaches us how to manage finances, allocating some funds for long-term growth. It is undeniable that the purpose of investing is to cultivate wealth within a certain period of time. It's just that, this type of investment doesn't really guarantee anything when it's on the market. Sometimes profitable and vice versa, not fully profitable but fully taught to always know what to invest. In general, investment for many people is considered profitable, and even then for those who see the results of the process. However, in terms of the investment process, many of us fail because we are impatient, don't know the types of assets and their benefits, lack principles, are not committed to ourselves and what is most often encountered is not using cold money. People who are successful in their investments always have stable finances in terms of sufficient income and expenses so that they can freely choose the type of investment according to their goals.

[carlisle1]

Investing doesn't guarantee us to be rich because investing involves a lot of risks, and there is no guarantee that the investments we have will earn a big profit. The market is unpredictable weather it is a stock market or crypto market and there is always a chance of losing money. Investing really requires patience and discipline and it may take more years for investment to grow. We should have the knowledge and skills before we invest. It is important to make a research first before investing to any kind of investment. Never invest what you cannot afford to lose.

Investing is a commonly used method for potentially growing wealth, but it does not guarantee that you will become rich in a short time because investing involves allocating money or resources with the expectation of generating profits or returns over time. It totally depends upon the risks you take, market volatility, your time to research and learn, and your ability to bear losses. Sometimes it is a method of long-term investment where you earn from different resources. Also, it’s important to note that investing should be done based on an individual's financial goals, risk tolerance, and personal circumstances. Someone shows an interest in short-term investment, and they do that well in the right span of time.

Yes, the idea that you setup while in this investing/trading business, you need to allocate funds that are intended for this business
amount that you plan for you to grow and not to risk like gambling.

There are ways and patterns that you can use to make things happen, but same with your opinion, there's no guarantee as the market is unpredictable
you can anticipate but the accuracy depends on how you project your target.

It's always the best to work with your good understanding and try to work in earning decent benefits.

[Mauser]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

Investing our money is no guarantee to make us rich, I agree with that, but in my opinion it's the best option we have to try and get rich. There isn't many alternatives we can do with our money. The first approach would be to spend it all and not carry about our financial futures. This is the worst possible attitude and will never get us out of poverty. We could buy new clothes every month, buy the newest smart phone every year, go out to eat in restaurants multiple times a week, and so on. It's easy to spend all our money and don't save for the future. The second approach would be to save money regularly, but don't care about in what form we are saving. Leaving all our money in a savings account at the bank is the worst form of saving. We will never become rich this way, as the inflation will take away all the value of our money over time. The interest rate the bank bank offers us is below the inflation rate, we need to invest our money to make higher returns. Our last and only option is really to use our money and invest it in more promising opportunities. Better to invest and lose some money along the way, than to never invest our money at all and make no real returns.

[Altryist]

Yes, the idea that you setup while in this investing/trading business, you need to allocate funds that are intended for this business
amount that you plan for you to grow and not to risk like gambling.

There are ways and patterns that you can use to make things happen, but same with your opinion, there's no guarantee as the market is unpredictable
you can anticipate but the accuracy depends on how you project your target.

It's always the best to work with your good understanding and try to work in earning decent benefits.

Everything about money requires understanding what you are doing, otherwise you simply cannot control it. Business, or investing does not matter, the essence remains the same, you must understand exactly how to act in a given situation in order to achieve a certain result. If you act on someone else's advice, or act on your own without analysis, you will almost certainly lose money.

[lizarder]

This has been discussed many times on forums about investments that don't guarantee someone to get rich, but let's take a look further and bitcoin as an example that we will choose for long term investment and I think everyone will know what the answer is. Wealth will be proportional to the capital you spend it is a basic concept, but in the long term I believe bitcoin will make anyone richer, provided they try to make investments regularly and correctly.

Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

Investments cannot be made if someone does not understand what they want to invest and there are many risks that occur when people make investments without knowledge. But one also needs to take risks to get involved in investing because if one is not willing to take risks then the crypto/bitcoin space is not the place. Volatility is a basis that will cause people to engage in panic and most people are not ready for this, so they try to react in a bear market by trying to cut losses on their investments.

As for strategy and accuracy I don't want to talk anymore because many people already understand that and I'm sure everyone involved in bitcoin will study before they try to make an investment. Anyone who dares to take risks will get the appropriate results, but knowledge is important as a way to minimize the risks that will occur.

[Minecache]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

Investing our money is no guarantee to make us rich, I agree with that, but in my opinion it's the best option we have to try and get rich. There isn't many alternatives we can do with our money. The first approach would be to spend it all and not carry about our financial futures. This is the worst possible attitude and will never get us out of poverty. We could buy new clothes every month, buy the newest smart phone every year, go out to eat in restaurants multiple times a week, and so on. It's easy to spend all our money and don't save for the future. The second approach would be to save money regularly, but don't care about in what form we are saving. Leaving all our money in a savings account at the bank is the worst form of saving. We will never become rich this way, as the inflation will take away all the value of our money over time. The interest rate the bank bank offers us is below the inflation rate, we need to invest our money to make higher returns. Our last and only option is really to use our money and invest it in more promising opportunities. Better to invest and lose some money along the way, than to never invest our money at all and make no real returns.

You have a great point. Not only with bitcoin, we can invest in any sector, any asset, as long as we see the potential to increase in price and bring profit to us, then invest. That's much better than using that money for pleasures that don't bring us any other benefit or value. Things like nice clothes, delicious food, and expensive brands will leave us if we run out of money one day. So let's always look for ways to have more money, and investing is an excellent way for us.
Yes, investing does not guarantee we will be rich, investing is always risky, but if we do not invest and spend money on useless things, we will become poorer when we are old. When we are young, we can earn a lot of money, but in old age, if we are not prepared, we will pay the price for the wasteful spending caused by youth. But if we have good preparation, a savings, and an investment, then when we are old, we will have enough time to enjoy the rest of our days.

[wahyuagung26]

Not only with bitcoin, we can invest in any sector, any asset, as long as we see the potential to increase in price and bring profit to us, then invest. That's much better than using that money for pleasures that don't bring us any other benefit or value. Things like nice clothes, delicious food, and expensive brands will leave us if we run out of money one day. So let's always look for ways to have more money, and investing is an excellent way for us.
Yes, investing does not guarantee we will be rich, investing is always risky, but if we do not invest and spend money on useless things, we will become poorer when we are old. When we are young, we can earn a lot of money, but in old age, if we are not prepared, we will pay the price for the wasteful spending caused by youth. But if we have good preparation, a savings, and an investment, then when we are old, we will have enough time to enjoy the rest of our days.

People who are thinking about how their life will be in the future, we think they have arranged and even arranged their own way of life and management, starting from their economic needs and also the needs that they have to spend to pay for their lifetime, and most of them are always laundering their assets, we think they don't put where they believe it's a useful option, frankly we say, that those who have the knowledge I think their views are very broad for the future.

Investments actually don't require Bitcoin, gold or a part of the place where they save will get results in the form of profits, of course those who live understand about investing, we think they already know how to manage it, they won't save at a fixed value from time to time time, and actually while it's still profitable to invest there is nothing wrong. However, we see a bigger advantage in Bitcoin.

[Lorence.xD]

Yes, the idea that you setup while in this investing/trading business, you need to allocate funds that are intended for this business
amount that you plan for you to grow and not to risk like gambling.

There are ways and patterns that you can use to make things happen, but same with your opinion, there's no guarantee as the market is unpredictable
you can anticipate but the accuracy depends on how you project your target.

It's always the best to work with your good understanding and try to work in earning decent benefits.

Everything about money requires understanding what you are doing, otherwise you simply cannot control it. Business, or investing does not matter, the essence remains the same, you must understand exactly how to act in a given situation in order to achieve a certain result. If you act on someone else's advice, or act on your own without analysis, you will almost certainly lose money.

You are right, that's why it would not be recommendable to rely on someone's call in this industry since it involves money. You should invest on your knowledge first before you stake your money so you wouldn't ask someone to make calls for you because in the end you can't blame them when you lose your funds. It's your own money at stake so it should be your own decisions don't always expect a easy money take your time to get the knowledge you need. You can get second opinions but always do your own research.

[fredericktaylor]

No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside. So if I want to invest, I have to be aware of all aspects of the business that I am going to invest in and I have to invest with a long-term plan, otherwise there will be a high chance of loss after investing. I have to think ahead, never think of investing money that I can't afford to lose.

[DaNNy001]

No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside. So if I want to invest, I have to be aware of all aspects of the business that I am going to invest in and I have to invest with a long-term plan, otherwise there will be a high chance of loss after investing. I have to think ahead, never think of investing money that I can't afford to lose.

Well for it pretty simple, before ever you would even think of investment your money on anything, you would first gain ground on the knowledge of what you are about to put your hands into. I will take myself for example I have heard about bitcoin and all the benefits that follows it especially it used as an investment means but that didn't move me at all to throw my money in it so suddenly. It was not until I have properly understood the whole logic that follows a bitcoin investment and most important the capital was now available and it was three quarter of my income so I won't get affected anyway by investment that I took the step to this investment. And just like @lovemayfamilies, investment money should be somehow money which we can forget after we have invested it and I agree to this notion because you can't make an investment and you steadily panic about the investment when slight changes happens in the market.

[Mr. Magkaisa]

    -  Not all people want to get rich, because others are just in the right situation or condition in life and they are happy, the kind who are not poor and not rich but do not experience hunger every time and there is contentment that is called for.

Although, I agree with what you mentioned, it's just like desire, we can't achieve something if we don't feel the desire, that's true and that's really one of the factors in what we want to happen.

[Oneandpure]

Actually investing doesn't guarantee some one to be rich but many people recommended by investing you will get financial freedom, many public speaking attend some of them recommended for us investing our money for the future with financial freedom. But reality its not easy when finding many people investing their assets in Bitcoin loss much money after price dump.

But have one positive side from investing, if can't guarantee us to be rich but have helped many investor earn profit trough cryptocurrency investment when starting with smart thing, some investor know what is the best time and get rich by investing in bitcoin when price going drop and they will sell after price pump without waiting for longer time.

[OgNasty]

While nothing is promised in life and especially when it comes to money and investments, if there were a single piece of advice I could give to someone young who wanted to be rich, it would be to invest. Sure, staying healthy and getting educated will definitely help you as well, but in all honesty, nothing will impact your financial life more than investing early in a diversified index fund like the S&P500.

[Minecache]

Not only with bitcoin, we can invest in any sector, any asset, as long as we see the potential to increase in price and bring profit to us, then invest. That's much better than using that money for pleasures that don't bring us any other benefit or value. Things like nice clothes, delicious food, and expensive brands will leave us if we run out of money one day. So let's always look for ways to have more money, and investing is an excellent way for us.
Yes, investing does not guarantee we will be rich, investing is always risky, but if we do not invest and spend money on useless things, we will become poorer when we are old. When we are young, we can earn a lot of money, but in old age, if we are not prepared, we will pay the price for the wasteful spending caused by youth. But if we have good preparation, a savings, and an investment, then when we are old, we will have enough time to enjoy the rest of our days.

People who are thinking about how their life will be in the future, we think they have arranged and even arranged their own way of life and management, starting from their economic needs and also the needs that they have to spend to pay for their lifetime, and most of them are always laundering their assets, we think they don't put where they believe it's a useful option, frankly we say, that those who have the knowledge I think their views are very broad for the future.

Investments actually don't require Bitcoin, gold or a part of the place where they save will get results in the form of profits, of course those who live understand about investing, we think they already know how to manage it, they won't save at a fixed value from time to time time, and actually while it's still profitable to invest there is nothing wrong. However, we see a bigger advantage in Bitcoin.

Bitcoin has a big advantage over other investments regarding returns, but generally, high returns come with high risks. When investing in bitcoin, we will have the opportunity to receive great rewards, but if we are unlucky, the risk can also be to lose everything we have. Unlike gold or real estate, while the returns are not as high and fast as bitcoin, it is safer and has a lower loss rate. Therefore, depending on each person's preferences, they will choose the type of investment asset that is right for them, as long as they have to invest and do not use the money for meaningless things.

[Wend]

While nothing is promised in life and especially when it comes to money and investments, if there were a single piece of advice I could give to someone young who wanted to be rich, it would be to invest. Sure, staying healthy and getting educated will definitely help you as well, but in all honesty, nothing will impact your financial life more than investing early in a diversified index fund like the S&P500.

There are many ways to get rich, but it can be said that investing is the best way and gives the best results if we invest in the right way.
It can be seen that all the billionaires and entrepreneurs in the world have become rich through investment, very few are employees and become rich with their monthly salary. Investing won't guarantee anyone wealth, but if you don't take risks to invest, you'll never escape poverty or employee life.

[nlovric]

You are entirely correct, brother. Making money quickly or making everyone affluent are not guarantees of investing. It is a myth that investing inevitably results in prosperity. The notion that investing involves effort expertise knowledge a sound strategy experience and market analysis is frequently overlooked. One can invest in a variety of enterprises in addition to simply placing money into Bitcoin. Great examples are Elon Musk, Bill Gates, and Mark Zuckerberg, who did not become billionaires just by investing in bitcoin. At the appropriate time and location they made profitable investments. Timing, insight, expertise, and skills are critical when trading, launching a side business or investing in Bitcoin.

Actually investing doesn't guarantee some one to be rich but many people recommended by investing you will get financial freedom, many public speaking attend some of them recommended for us investing our money for the future with financial freedom. But reality its not easy when finding many people investing their assets in Bitcoin loss much money after price dump.

But have one positive side from investing, if can't guarantee us to be rich but have helped many investor earn profit trough cryptocurrency investment when starting with smart thing, some investor know what is the best time and get rich by investing in bitcoin when price going drop and they will sell after price pump without waiting for longer time.

[tjtonmoy]

Investing doesn't guarantee you wealth, which is 100% true. Investing does give you the opportunity to grow your financial situation, but it also carries risks. Not understanding the dynamics of the market and blindly investing in it is the first mistake for many investors out there. Invest in something after you have properly got the idea of it. How it works, what can be its future, how can you grow more from it. These should be learned and experimented first before diving deep into it. You never know before you have tried it. So we should take that risk for investing and try for ourselves to see if we can become successful.
Also, we need to plan our next step before we even start walking on that path. A good plan will increase the chance of success. Always planning before doing something is a must. Although it is not guaranteed, but with a proper plan, knowledge, and experience the success rate will increase for sure.

[macson]

No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside. So if I want to invest, I have to be aware of all aspects of the business that I am going to invest in and I have to invest with a long-term plan, otherwise there will be a high chance of loss after investing. I have to think ahead, never think of investing money that I can't afford to lose.

investing in bitcoin does not guarantee 100% that you will make a profit because the price of bitcoin is very volatile so it cannot guarantee whether you can survive in the market but if you do have the intention to invest in bitcoin it is highly recommended to choose long-term investment, and what you wrote is very true, so that your mind is calm then invest with money that you can afford to lose ^{(make it a habit not to use emergency funds or borrowed money bcause there have been many stories where a person who invested with borrowed money had to resell his investment assets before even making a profit because he had to pay off the loan)}

[hannahB4]

Though investment doesn't guarantee one to be rich, it is a sure way of getting rich if one makes a wise decision as to when to buy and when to make sales. The factor that you listed are great but also your source of funds for your investment matters there are some specific investments that you know are for the short term while some are for the long term this should be taken note of when investing.

[ItsCrafty]

Though investment doesn't guarantee one to be rich, it is a sure way of getting rich if one makes a wise decision as to when to buy and when to make sales. The factor that you listed are great but also your source of funds for your investment matters there are some specific investments that you know are for the short term while some are for the long term this should be taken note of when investing.

I agreed that, Investing can potentially provide opportunities for someone to accumulate assets or capital over time, but it's important to note that there is no guaranty of becoming rich through investing. Meanwhile, some individuals have achieved significant wealth through successful investments but it carries a level of risk. It requires careful research, analysis, and decision-making ability regarding your investment opportunities. Additionally, factors such as market conditions, economic fluctuations, and individual circumstances can impact investment outcomes. Remember that without learning and skill towards market trends you cannot master your investments. Ultimately, investing should be approached with realistic expectations and a focus on your financial goals rather than solely aiming to become rich quickly.

[serjent05]

    -  Not all people want to get rich, because others are just in the right situation or condition in life and they are happy, the kind who are not poor and not rich but do not experience hunger every time and there is contentment that is called for.

Many are into financial freedom where they don't have to worry about money for their future need.  So yeah, not all are wanting to be rich, but if given a chance, I would grab the opportunity to be rich since it means my future is secured.

Although, I agree with what you mentioned, it's just like desire, we can't achieve something if we don't feel the desire, that's true and that's really one of the factors in what we want to happen.

Desire is not enough, we must have the passion to work hard for goals whether it is becoming rich or having financial freedom.

[balotelli]

You are right, 100%.

[MFahad]

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

desire is important because this desire make an interest without which a person cannot achieve his success. One should learn in proper way that how much important is their interest and their hard work for achievements. I think that the person's desire will more likely to increase once he get success because if he faces regular failure then he will loss his hopes and will forget about his desires. So success at some stages and interest both plays an important roles and interest created because of the desires.

[Blitzboy]

Investing doesn't guarantee you wealth, which is 100% true. Investing does give you the opportunity to grow your financial situation, but it also carries risks. Not understanding the dynamics of the market and blindly investing in it is the first mistake for many investors out there. Invest in something after you have properly got the idea of it. How it works, what can be its future, how can you grow more from it. These should be learned and experimented first before diving deep into it. You never know before you have tried it. So we should take that risk for investing and try for ourselves to see if we can become successful.
Also, we need to plan our next step before we even start walking on that path. A good plan will increase the chance of success. Always planning before doing something is a must. Although it is not guaranteed, but with a proper plan, knowledge, and experience the success rate will increase for sure.

Investing is fraught with risks, yet laden with potential gains. Arent risk and reward inseparable facets? Crypto, particularly Bitcoin, follows this axiom. An evolving entity, thrilling for its norm-breaking prowess yet daunting due to notorious volatility. But isnt outright Bitcoin dismissal due to risk a miscalculation? Shouldnt we instead embrace the change, learn from fluctuations, and tailor strategies?

Knowledge and foresight underpin successful investing. Success isnt assured, but doesnt meticulous planning, profound comprehension, and strategic deployment tilt the scale in our favor? Isn't Bitcoin an ideal battlefield to flex our strategic muscle?

[Nheer]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

This frequently occurs to new investors because they are frequently misled by how others profit from trading and therefore want to invest and profit as well, forgetting that this type of investment is governed by a number of laws and that without proper knowledge of them you will only end up losing money. Profit is still not guaranteed even with sufficient knowledge, thus it is always preferable to invest only money that you can afford to lose.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

Everyone wants to be wealthy, but not everyone has the drive to work hard to achieve that goal. This is a very solid statement. More than just words are required for success, you must put in the necessary effort, demonstrate tenacity, and give it your all. God will not allow your efforts go to waste. Similar to in school, reading is required to pass an exam, and reading increases your odds of passing the exam.

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

Lack of understanding makes it difficult to recognize the substantial risk involved in the investment, leading you to believe that return is certain. To be a good trader, you must be aware of the risk involved, keep in mind that you could lose your money at any time, and be prepared at all times for the worst. With this perspective, you can accomplish a lot because you've managed to get rid of fear.

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

You have actually come up with a good post that will be helpful to newbies and new crypto investors or traders. This is easily applicable to life, failure to plan is planning to fail. Without plan it will be difficult to accomplish anything.

[yohananaomi]

Though investment doesn't guarantee one to be rich, it is a sure way of getting rich if one makes a wise decision as to when to buy and when to make sales. The factor that you listed are great but also your source of funds for your investment matters there are some specific investments that you know are for the short term while some are for the long term this should be taken note of when investing.

it is possible that investment does not guarantee that someone will become rich, but an action to be able to achieve it in one way is investment.
all in the end will be measured how big and also from success, in making an investment, if only with a small investment how can one possibly hope to get the maximum profit so that one can gain wealth.
investment requires prior analysis and requires sufficient patience and nothing can be instant so that you get the best, most of it is for a fairly long period of time, especially investing in crypto.

[Dzwaafu11]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding.

Yes, I agree with what you said, mate; however, I can imagine anyone putting a large sum of money—or even a small amount—into a business or investment without first learning the basics of that particular industry. In fact, these types of investors put their money at greater risk than we do because they are unable to predict when they will make a profit, even during a bull run. However, I feel that these kinds of investors and traders need to learn the fundamentals of bitcoin investment and cryptocurrency trading in order to avoid losing money. It will also assist them to secure their investment.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

These kinds of things make it seem as though someone is just sitting down and expecting money to show up at their homes or where they are sitting, which is impossible for someone to do today. Instead, one must be able to work hard with the expectation that everything they need will pay off seriously. While you are correct that some people do that, I can assure you that these kinds of people are those who end up in negative situations and are does who have many things they want to buy, so you can see that if there is not work these people most engage them self in another things.

[AicecreaME]

Investing on something but you're just half-assed committed on it won't really guarantee you anything at all. Investment is a commitment, you have to know what you need to do and what you are doing in order to gain profits, if not, your money will just be wasted. And, it doesn't guarantee a rich quick scheme of course, it takes time before you could actually called yourself "rich" unless you're already rich before you've done investing.

[goldkingcoiner]

Getting rich is a matter of pure luck.

That's what becoming rich is, just a mathematical probability. The majority of people are not poor because they choose to remain in the lower classes. They are poor because no matter if they invested or not, it was a string of bad decisions which, financially, put them in the lower classes. That is nobody's fault. Looking down on non-rich people never carries a good moral reason. Some people spend their lives trying to build a fortune. Others make a tiktok video which makes them incredibly famous and they leverage that fame for money and become rich. But you can always engineer good luck. All you need to do is have the right mindset- investors have a higher probability of getting rich than non-investors, for example. So by becoming an investor you raise your chances at making a lot of money.

Manifest your fate!

[Slow death]

I commented on this and I will talk about it again, and that many people keep giving these advice and tips but these people who give these tips never post their successes as investors, that would be much more inspiring than just words, but people don't post their successes precisely because they were not successful but they keep giving tips and advice to other people, so I wonder how they expect other people to follow this advice? hardly people will listen to things that have not seen evidence, this is the current world.

because of giving advice and tips without showing evidence, many people fall into scams, look at some altcoin with low price and other people commenting that it will go up a lot and can give a profit of 10x or 100x so people put a lot of money in these projects with the hope that you will manage to get very rich, but the people who give this advice do not show proof that they got rich with some altcoin that gave them 100x profit, so it is very important that people do not just believe a single person, do more research and look opinion of many people and evidence

[Ale88]

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

This is an interesting point mainly because it's very subjective: for some people being rich means having huge amount of money, for others is having a small house and a happy family. But no matter how you live, you will always need money, that is the only common factor for each one of us. Not everyone is willing to sacrifice the best years of his/her life to become rich, and sometimes could be enough to invest in the right assets, be patient, and live a comfortable life.

[Hispo]

In my personal point of view, investing is not necessarily about getting rich but trying to preserve one's value against inflation and also to increase the yield on one's patrimony though the years.

It is possible to get rich by doing the right investing, but it is also matter of luck and skill. Nobody can be 100% sure on what the next market movement is going to be, after all.

Since we live in societies which favor consumerism and positive levels of inflation (to insentivize spending), then investing makes sense, instead stockpiling cash.

[leonair]

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

This is an interesting point mainly because it's very subjective: for some people being rich means having huge amount of money, for others is having a small house and a happy family. But no matter how you live, you will always need money, that is the only common factor for each one of us. Not everyone is willing to sacrifice the best years of his/her life to become rich, and sometimes could be enough to invest in the right assets, be patient, and live a comfortable life.

The purpose of people becoming rich is to lead a happy life. But just as money is necessary for a man's happiness, excess money throws a man into turmoil. Because when a person owns a huge amount of money, he begins to worry about the proper investment, holding and use of that money. so I also think this is a good point. Investing is easy but investing in the right place is difficult because some investments can make a person rich and some investments can harm people. Investment never guarantees one to be rich but the right investment gives a person more than his expected profit.

[Blitzboy]

Getting rich is a matter of pure luck.

That's what becoming rich is, just a mathematical probability. The majority of people are not poor because they choose to remain in the lower classes. They are poor because no matter if they invested or not, it was a string of bad decisions which, financially, put them in the lower classes. That is nobody's fault. Looking down on non-rich people never carries a good moral reason. Some people spend their lives trying to build a fortune. Others make a tiktok video which makes them incredibly famous and they leverage that fame for money and become rich. But you can always engineer good luck. All you need to do is have the right mindset- investors have a higher probability of getting rich than non-investors, for example. So by becoming an investor you raise your chances at making a lot of money.

Manifest your fate!

Yes,luck does intervene, but mastering knowledge, discipline, and skills is pivotal in dictating our financial fate. The wealth chasm isnt merely a fallout of poor decisions; its a web of systemic influences. Instead of dismissing it as a bad luck saga, let's dissect the existing socioeconomic structures.

Investing, when maneuvered with sound financial awareness, can be a potent wealth-builder. Staying alert to risks, market flux, and the need for diversification is paramount. Therefore, it's beyond improving your luck quotient; it's about arming yourself with the right tools and know-how. Crafting your future is more than wishful thinking; it demands action and enlightenment.

[wtsimis]

Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.

[bitLeap]

Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.

Yes, I agree with you, investing is a way for us to become rich, even though we are not rich, but at least we can make someone's finances better and healthier. What's wrong is when someone invests and with the aim of wanting to get rich quickly in an instant way, that is the wrong way of thinking in my opinion. I have an example of this, imagine me when someone invests in bitcoin and buys it at the lowest price before it reaches its ATH, that is a huge profit.

Analytical ability and patience in holding bitcoins is a way where we can be on a path that will make us financially healthy. In theory, maybe something like this looks easy, because we only need to buy and hold. However, in reality it is not as easy as we imagine, especially when the market is bathing in blood which sometimes makes many people panic and in the end they decide to sell it.

[molsewid]

Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.

You got a point but then investing can really make someone rich, only if knew where and when he will invest his money with. People who get rich in investing has a plan before they invest and do some in depth research. People should learn to make knowledgeable first in the things they want to invest with before giving away their money and also they need to accept that whatever they invested its either it will make them rich or not.

[serjent05]

Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.

You got a point but then investing can really make someone rich, only if knew where and when he will invest his money with. People who get rich in investing has a plan before they invest and do some in depth research. People should learn to make knowledgeable first in the things they want to invest with before giving away their money and also they need to accept that whatever they invested its either it will make them rich or not.

Those who understand the market of their investment and are knowledgeable about the pattern and cycle of that investment can have the possibility to get rich because he know when to buy and sell his investment and will gain continuous profit by simply repeating the process.  Just like an event in the Bitcoin market where a trader short his trade by selling thousands of Bitcoin getting millions of dollar on the trade and rebuy his holding once the after-effect of his action of selling thousands of Bitcoin crashes the price and weak hands follow crashing the Bitcoin price even further.  Then the guy rebuys his Bitcoin when the price crash deeper with $10m  remaining profit in hand.

[dunfida]

Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.

You got a point but then investing can really make someone rich, only if knew where and when he will invest his money with. People who get rich in investing has a plan before they invest and do some in depth research. People should learn to make knowledgeable first in the things they want to invest with before giving away their money and also they need to accept that whatever they invested its either it will make them rich or not.

Those who understand the market of their investment and are knowledgeable about the pattern and cycle of that investment can have the possibility to get rich because he know when to buy and sell his investment and will gain continuous profit by simply repeating the process.  Just like an event in the Bitcoin market where a trader short his trade by selling thousands of Bitcoin getting millions of dollar on the trade and rebuy his holding once the after-effect of his action of selling thousands of Bitcoin crashes the price and weak hands follow crashing the Bitcoin price even further.  Then the guy rebuys his Bitcoin when the price crash deeper with $10m  remaining profit in hand.

Never stop learning and this is something that you should really be having this kind of behavior on which it would really be helpful on your part considering that you are really that progressive on  different things that you might be able to encounter or face on. You cant really make good decisions all the time on which it does mean there's no such thing about perfect investment and outcomes do have it.
Its true that in every investment do have that corresponding risks on which it would really be just that right that you should really be that precautionary when approaching this stuff. Dont be too optimistic and making
yourself believe about guaranteed success because not all do make out investment ended up on being successful. There are lots of factors on which it would really be affecting your success rate
about investments and other correlated means.

[erep]

Analytical ability and patience in holding bitcoins is a way where we can be on a path that will make us financially healthy. In theory, maybe something like this looks easy, because we only need to buy and hold. However, in reality it is not as easy as we imagine, especially when the market is bathing in blood which sometimes makes many people panic and in the end they decide to sell it.

If someone already has market analysis skills then they already understand that the fluctuating market does not have stable prices and they already understand the risks, so there are only 2 ways to take action, buying and holding all the time until it reaches your dream target price.

If we have arranged financial allocations for long-term bitcoin investment, then we don't need to think about the short-term market impact like a price drop of 15k ago, we even have to increase investment at the lowest price from the reserve fund. I believe that many people have the opportunity to become rich from investing in Bitcoin if they are sure of long-term investment decisions.

[Wakate]

Investing on something but you're just half-assed committed on it won't really guarantee you anything at all. Investment is a commitment, you have to know what you need to do and what you are doing in order to gain profits, if not, your money will just be wasted. And, it doesn't guarantee a rich quick scheme of course, it takes time before you could actually called yourself "rich" unless you're already rich before you've done investing.

It is very obvious that investing the cryptocurrency does not guarantee us to be rich, there are people that had invested in the market and they have lost huge amount of money because of greed and lose of consciousness of what the market is capable of doing to us if we are not wise enough to make proper decisions. Those who keep losing in the market whether as a result of wrong timing or investing in the wrong projects, it is important for us to be observant and know what we are doing it avoid some unnecessary panic and loses as a result of wrong choices.

[Wimex]

Generating money and making it grow is a task that actually has many more implications than the few that may seem... in fact, as you rightly commented, investing is not a guarantee of success and it is often the case that people who start out in the world of investments have unrealistic or even extremely unrealistic expectations of the results that such an action can bring them, you have broken down very well the due considerations when investing and it is that many people only think that it is putting a little money in a active, expecting to generate profits and doing this over and over again, when in reality this is a pretty distant picture of everything that involves making an investment, and that is that, as in almost any aspect of business, you have to act prudently but also effectively regarding the actions and decisions that are taken.

They are going to be risking money in search of a higher return, a topic that is often overlooked by first-time investors or people who have an idea to start a business... In my personal opinion, it is better to have a considerable amount of financial education before to jump into a world as volatile as investment, regardless of its nature. T. Harv Eker says it well in one of his most famous books, having the tools and not knowing how to use them makes them as useless as not having them, the same relationship is used for the possession of capital and the desire to invest it.

[ginsan]

I don't care about this Scheme. And it is clear that investing in bitcoin will make you rich. You have to look at the history of bitcoin from year to year and you will calculate the big profits that come your way. Everyone is saying the same thing here, but believe it or not investing in bitcoin will make you rich with huge returns for years to come.

It's no wonder why there are so few millionaires because they postpone the wealth that comes as a result of this be it worry or a minimal level of knowledge. I believe people don't always have to say that investing doesn't guarantee you will be rich. We have to make changes in ourselves and how sorry you are for selling bitcoin at low prices.

[Oilacris]

I don't care about this Scheme. And it is clear that investing in bitcoin will make you rich. You have to look at the history of bitcoin from year to year and you will calculate the big profits that come your way. Everyone is saying the same thing here, but believe it or not investing in bitcoin will make you rich with huge returns for years to come.

It's no wonder why there are so few millionaires because they postpone the wealth that comes as a result of this be it worry or a minimal level of knowledge. I believe people don't always have to say that investing doesn't guarantee you will be rich. We have to make changes in ourselves and how sorry you are for selling bitcoin at low prices.

But of course it would really be depending on how much you had invested on Bitcoin if you are really that planning on getting rich with it. You cant really expect yourself on being rich
while your investment doesnt really correlate or get aligned on it or you are trying out to achieve.This is why you should really be that realistic about your goals and not on hoping on something which
cant really happen even Bitcoin would pump out and you had just invested a thousand or 1k then even getting that x10 on price increase or folds on bitcoins price would really be just
ending you up on having 10k which it isnt something that would really be considered as a financial freedom.This is why if ever you are really that planning to be rich
then the bigger the better but of course you should really be that mindful about the risks because there's no assurance that we would really be heading there.

[romero121]

Investing doesn't assure with make you rich. The goodness of investment lies on better money management, and it lets you have an eye over the market. Futuristic focus is a must with investment, and not everyone have the patience. This means an investment can be predicted within few years time, if things weren't moving as expected then it is time to switch to other investment.

Investment is a tool that lets you have an earning out of what you've earned. This have got risks and our expectations shouldn't be of overnight rich. Everything needs time to grow, maybe some used to be lucky to make big profits in short time period and we shouldn't have the same mentality of turning rich or making money as them.

[qwertyup23]

Investing on something but you're just half-assed committed on it won't really guarantee you anything at all. Investment is a commitment, you have to know what you need to do and what you are doing in order to gain profits, if not, your money will just be wasted. And, it doesn't guarantee a rich quick scheme of course, it takes time before you could actually called yourself "rich" unless you're already rich before you've done investing.

I agree with your statement.

An investment is something that a person must consistently commit-on in order to maximize its potential. Yes, it does not guarantee a person to be instantly rich but it does give a person a comfortable setting and security if the investment had matured in the given timeframe.

For example, if a person invested money from the very start he/she had earned money, then such investment would accumulate its value, thereby setting you a form of security when you reach the age of retirement. Though this will not make you rich per se, it does give you some sort of money for you to use at your fullest discretion.

In order to achieve this, one must indeed commit to such investment. If you do not commit and continue to invest, then nothing would really happen. In fact, it will become more of a liability than an asset to your experience.

[Mr.suevie]

Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.

When an investment is seen as a get-rich-scheme thats when you easily get affected because you will be aiming to acquire much in just a matter of time and forgetting that it actually a two way journey meaning it risk involved when actually the market turns bad and paraventure its turn sideways you will be affected badly but thats when you have plans of selling out on a short time but if its a long term investment of which you have studied the type let's say bitcoin investment for example you will probably gain overtime even if the turns bad because a certainty of its rising again is always there, its just a Matter of how patient you are with the investment.

[CageMabok]

I don't care about this Scheme. And it is clear that investing in bitcoin will make you rich. You have to look at the history of bitcoin from year to year and you will calculate the big profits that come your way. Everyone is saying the same thing here, but believe it or not investing in bitcoin will make you rich with huge returns for years to come.

Investing would indeed make everyone rich if the asset they were investing in was Bitcoin, but it didn't happen immediately. Because in order to get wealth itself, all investors who have earned wealth through Bitcoin investment must be able to be patient every year by continuing to mentally mature so that they are not affected by bad news that is always there every year. So it can be concluded that those who have gained wealth through Bitcoin investment are those who are patient and have never been mentally affected by bad news so that they are able to get the wealth they want.

It's no wonder why there are so few millionaires because they postpone the wealth that comes as a result of this be it worry or a minimal level of knowledge. I believe people don't always have to say that investing doesn't guarantee you will be rich. We have to make changes in ourselves and how sorry you are for selling bitcoin at low prices.

Actually it's not delaying, but some people are still not brave enough to invest in Bitcoin so they prefer to be silent because they remember that their knowledge is still minimal so that it always causes concern when they want to start. If they know that they can get rich instantly by investing in Bitcoin, of course everyone will not delay doing it, because in general everyone really needs wealth and to be rich in their own lives. So this is not forever about delaying, but partly about the knowledge that is still very minimal from some people who want to become investors.

[Nrcewker]

No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside.

I have read somewhere that you can’t make money if you are saving your money. You have to make money from money, and that too from investing only. I have seen often people keep on saving the money and later target someone who invests and gets some money. They don’t want to take the risk but still want to be rich. Hence, to make money, you need to have the guts to invest and take risks. I know investing has a lot of risk, but if you won’t take it, then how can you be successful? Yes, investing with proper guidelines and precautions will surely help you make good money.

[asrinur]

It is true that investing does not guarantee a person will be rich. But with a strong desire, adequate knowledge, good rules, wise risk management, organized planning, and self-belief, we can increase our chances of success and become rich in investing.

[Sayeds56]

Investing doesn't guarantee you to be rich

Investing is a way to potentially grow your wealth overtime, but it is not a guaranteed formula to get rich in short or long term. There are numerous examples, such ENRON, FTX and LUNA, serves as reminder that investing is always associated with risk, and companies can face financial distress, and even can go bankrupt, resulting in investors losing their hard earned money. There are several factors those can influence the outcome of investment decision, such as timing of investment, individual's expertise level,market conditions, overall state of the economy and natural disasters. In order to achieve your financial goals, it is important to carefully establish your strategy in consultation with financial advisors, and evaluate your risk tolerance level before making any investment decision.

[Lorence.xD]

No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside.

I have read somewhere that you can’t make money if you are saving your money. You have to make money from money, and that too from investing only. I have seen often people keep on saving the money and later target someone who invests and gets some money. They don’t want to take the risk but still want to be rich. Hence, to make money, you need to have the guts to invest and take risks. I know investing has a lot of risk, but if you won’t take it, then how can you be successful? Yes, investing with proper guidelines and precautions will surely help you make good money.

Exactly, because by saving money for sure you would be using that money in the future in the end you're saving would be empty. So that's why it would be better to make those money work for you than store it, of course there's no guarantee that you would be rich in investing but studying it would help you gain knowledge and once you've enter in this industry you would gain experience which needed for you to grow so that you're money would also grow. Investing has a risk involves but you can lessen those risk if you study enough before trying things out, it's a win-win situation if you risk that risk since if you earn then that's good but if you lose you will still earn which is experience.

[Juse14]

Yes, it's true that investing doesn't guarantee you are rich, but by investing you can increase your chances of becoming rich but with some terms and conditions and you have to master and understand them first about investing, otherwise you might be trapped by fraudulent investments.

Even though investment doesn't guarantee you are rich, with investment at least the money you spend will be useful.
many people have money but they can't start a business because they don't master it, so investment is the solution so that their finances rotate and make a profit from the investment. And there are also many people who understand and master ideas about business but are constrained by finances so they cannot start a business or those who already have a business but have not been able to develop and advance their business due to financial constraints, so these investors are a solution so that they (entrepreneurs) can start and grow their business.
And this is mutually beneficial to each other so that it becomes a symbiosis of mutualism between entrepreneurs and investors through investment. Entrepreneur can start his business and investors can benefit from the money he invests.

[armanda90]

Actually investing doesn't guarantee to be rich but depend on mindset when investing in bitcoin, some people invest their money in Bitcoin as saving assets at the future than holding in the bank, but has some people with their mindset investing for reaching goal with investment funds increasing up at the future with assets investment going to higher price. Its not mistake with some people mindset want to be rich by investing in bitcoin due they have right way when moment for buying bitcoin. For long term saving assests its not problem as investing and use it at the future but have good planning when investing and want tk earn profit as soon possible.

[salad daging]

No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside.

I have read somewhere that you can’t make money if you are saving your money. You have to make money from money, and that too from investing only. I have seen often people keep on saving the money and later target someone who invests and gets some money. They don’t want to take the risk but still want to be rich. Hence, to make money, you need to have the guts to invest and take risks. I know investing has a lot of risk, but if you won’t take it, then how can you be successful? Yes, investing with proper guidelines and precautions will surely help you make good money.

Saving money or what is called saving in fiat then it will not produce anything it will be affected by inflation that occurs every year, that is not a good way to get rich even a millionaire can make more money is from the investments they make of course they take the risk yourself and this is one of the courage they do.

There is always a saying that when you take a high enough risk, the return will be high, but when you take a small risk, the profit is small but it will be more stable and will not make us worry about a sharp decline.

Successful people always take risks in their investments, for example how to invest in bitcoin, of course the risk is still quite large, but because our belief in bitcoin investment is strong and bitcoin always has a good history of increasing, that's what I do.

[Sayeds56]

Successful people always take risks in their investments, for example how to invest in bitcoin, of course the risk is still quite large, but because our belief in bitcoin investment is strong and bitcoin always has a good history of increasing, that's what I do.

I completely agree with your opinion that successful people always take risk to achieve their goals, but it is important to understand the complexity of relationship between risk and success. Risk can act as a double-edged sword, capable to leading to success if used wisely, on the other hand taking risk without using adequate risk management strategies, can also result in disaster. There is no doubt that Bitcoin has created many millionaires who took calculated risk and made timely investment decision to buy, hold and sell it at the right time. However, making decision to invest in any asset including Bitcoin should be done after due diligence, keeping in view individual's financial situation and risk tolerance level.

[MusaMohamed]

No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside.

It is true. For safety of your life, "Don't invest more than what you can afford to lose", this sentence is not my words and I only repeat a famous advice in investment.

Bitcoin is risky but if historically if you hold your bitcoin a few years, you get good profit. It is a fact when we look back at Bitcoin history. Its future, and will you get profit by holding it a few more years, I don't know.

Bitcoin profitable days. % profitable days holding Bitcoin: 89.3%.

HODL.camp. It suggests you to hold your bitcoin 5 years and 1 month.

I have read somewhere that you can’t make money if you are saving your money. You have to make money from money, and that too from investing only.

Invest to enrich your initial capital but keep your initial capital safe is more important.

If you lose your capital by investment, it is bad. It is better if you don't invest.
If you lose your capital by saving in banks, it is bad. It is better if you don't send your fiat to banks just to get small interest and then lose all capital.

[Rupok]

Such trend is observed among many investors and traders who have wrong idea about investment. They find the way to get rich easily and they think it is possible with Bitcoin investment.There are many success stories in Bitcoin investment, and they get inspired by these stories and plan to easily become successful by keeping their hard earned money in Bitcoin and other assets.  But many people don't know that there are many strategic ways of investing that you can never succeed without knowing.Just as there are success stories with Bitcoin, there are also failure stories.  Those who invest in Bitcoin for the long term can make good profits, but short-term investors face more risk.

[dhruvfire]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

2. INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge. You have money to make investment but why don't you have spre money for your education? Lack of knowledge will lead you to incur losses and the only one to cure it is to make an investment in yourself. The investment that you will do is not for short term only, but it can help you to achieve a lot of great things in life. So what are you doing now? Don't hesitate and make sure that you should invest in your mind. This is one of the greatest decision that you ever made.

3. RULES: Creating rules for yourself and following it is the next step. The reason why there are a lot of people who wants to be a trader and investor because of the FREEDOM that they can have when they are doing it. It is the freedom because there are no specific rules that they should follow. The know that they can buy whenever they want, they can trade whenver they want and they can make money whenevery they want but it doesn't mean that you will not experience lossses. This is where the rules will kick in, You should have rules on what type of investment you will make, when you will entry, what is your cut loss percentage, when you will sell, how much you will allocate and knowing if the RRR is good or not.

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

Desire will not make you rich. Everyone on the earth has the desire to become rich but we can see that majority are poor.

[DeathAngel]

Of course investing your money in certain assets or commodities doesn’t guarantee to make you rich but I will tell you one thing, keeping your money in fiat in the bank won’t make you rich. You’ll actually get poorer every year that way through the stealth annual tax, aka inflation. Buy bitcoin & relax, long term your money will grow in value.

[Raflesia]

No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside.

I have read somewhere that you can’t make money if you are saving your money. You have to make money from money, and that too from investing only. I have seen often people keep on saving the money and later target someone who invests and gets some money. They don’t want to take the risk but still want to be rich. Hence, to make money, you need to have the guts to invest and take risks. I know investing has a lot of risk, but if you won’t take it, then how can you be successful? Yes, investing with proper guidelines and precautions will surely help you make good money.

When talking about savings even though it is something good but it does not make money.
It's just a collection of money that we set aside for a certain period so that the money becomes a lot, but that doesn't mean we make money there because we look at the conditions. savings, regardless of the amount of money saved in the end, if left for one year, two years or more, the nominal will still be the same as what we saved before.
In contrast to investment, of course there is one thing that is more, namely the possibility of profit in it, even though in the end we also have to have the risk of losses incurred, but of course I think that is the result of what we do because everything has a concept of cause and effect where if indeed we want to take something risky then we must be prepared and try to pass the risk.
If in the end we choose investment, especially for bitcoin, then in this case you have to be prepared for the risk where you can get a loss if you don't really make an investment well, but on the other hand there are conditions where when we do it right and keep holding back the belief that bitcoin will get better in the future I think there are certainly good results from the investment you make.

[Dickiy]

Of course investing your money in certain assets or commodities doesn’t guarantee to make you rich but I will tell you one thing, keeping your money in fiat in the bank won’t make you rich. You’ll actually get poorer every year that way through the stealth annual tax, aka inflation. Buy bitcoin & relax, long term your money will grow in value.

In fact, saving money in crypto assets is more profitable than in a bank, because there are many differences regarding advantages and I think most people already know which one is better. Saving at a bank is generally considered to be safer because it is protected by banking laws and has a strong security network, but indeed over time someone will lose their money little by little due to factors from several government regulations, one of which is what you said. i.e. taxes or loss of value due to inflation that occurs. If indeed one's goal is to save to get rich then Bitcoin is the answer, although on the other hand the value of Bitcoin can experience significant fluctuations in a short time I don't think it will be too problematic if someone targets their savings for the long term, at least the next 10 years to be able to get some profit . Keep in mind that saving in a bank by saving in Bitcoin has advantages and disadvantages of each and everything depending on one's point of view and needs.

[JayJuanGee]

~snip

I like the topic title. Indeed, investing doesn't give any guarantees and this is not the road to wealth, but without investing, in principle, it is impossible to increase your wealth (of course, this is only one of the options for becoming rich).

You have listed 6 points that you consider important, but missed the most important point - this is 7. ACT. Without it, everything else is empty sound. Do you want your investment career to be successful? Then start taking action. It is at this point that so many turn off their path and they never achieve the desired results.

Of course, m2017 points out one of the more important things that OP had left out of his presentation of the important things that need to take place, which is action, and it is possible to start to act in regards to your investment plans right away and right from the position in which you are at, including planning is a kind of action.. but there is also the various actions of actually starting to set aside money on a regular basis and to build capital - including realizing that if we merely save money, then it is not likely going to appreciate in value.. and in fact, the money that we save will likely decrease in value faster than we can save it, and that is part of the justification why there are needs to figure out and find ways to invest into things beyond merely saving and building money that is not even keeping up with the cost of living increases.

The action from the start is to figure out your own situation, and how much money that you coming available to yourself on a regular basis, whether that is looking at your cashflow weekly or monthly or some other logical basis that makes sense to you.

Besides cashflow you need to consider how much bitcoin you have already accumulated (if that is part of your investment portfolio), your other investments besides bitcoin (including cash reserves), your view of bitcoin as compared with other investments, timeline, risk tolerance, and your time, skills, goals (investment/lifestyle targets , which includes figuring out the extent that you are in BTC accumulation, maintenance or liquidation stage) and your abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.

Figuring out each of these categories and putting a plan in place is a kind of action, and maybe it takes you a few days to put together a plan, or maybe it takes you a month or longer, yet I would not let the perfect to become the enemy of the good, because you should be able to get started investing (especially into something like bitcoin) while you are clarifying the various categories of information that I outlined above.  Get started sooner rather than later and continuously tweak your plan, whether you start out by investing $100 per week, $10 per week or some other amount that you think is a good starting point, and then as you continue to build your investment, then you can tweak your approach and even figure out your goals more specifically.. and so maybe we know your long term goal might be to become rich.. such as reaching a kind of fuck you status (which means that you do not need to work anymore for your income) or maybe you just want to have more options or to live more comfortably than you do right now (with fewer worries about money). .. but you still do not need to figure out each and everything before you get started, including that you can start with a small enough amount that you know that you will not miss and as you get more stake in the game (such as accumulating bitcoin), then you likely become more informed about which direction you should continue to pursue and which aspects that you need to tweak involving how much BTC you believe that you want to accumulate and then how to get there whether it involves DCA, buying on dips, lump sum buying or a combination of those kinds of BTC accumulation techniques.

No one can guarantee to earn profit through investment. Because there are many types of risks hidden inside the investment that cannot be understood from the outside.

I have read somewhere that you can’t make money if you are saving your money. You have to make money from money, and that too from investing only. I have seen often people keep on saving the money and later target someone who invests and gets some money. They don’t want to take the risk but still want to be rich. Hence, to make money, you need to have the guts to invest and take risks. I know investing has a lot of risk, but if you won’t take it, then how can you be successful? Yes, investing with proper guidelines and precautions will surely help you make good money.

This is exactly one of the facts of our modern lives.  Every single fiat is decreasing in value so rapidly that we are not able to just build up our cash - without the ongoing eating away of the value because it is likely to decrease faster than we can add to it, and sure there could be scenarios that you have built up enough cash that you are set - even though one of the concepts of maintaining your value or even living off of your savings would be to be able to live off of the interest (or the yield) rather than living off of the principle.  So there never really have been good ways to hold cash that allows you to live off of your interest, and it seems to have had become more apparent in recent times as compared to earlier times when it seemed that some of the currencies held their value better than others, and even now, the dollar is considered amongst the best (if not the best) of the fiat currencies in terms of holding its value, but many of us likely appreciate that the dollar is not in a very good position in terms of the likelihood that it is going to be able to continue to hold its value and not deteriorate greatly in value (which means that everything is going up in price in exponential ways, and we need to have our investments/savings to be able to keep up with that.. and even better yet, we want our investments/savings to perform better than the cost of living increases.. so that we become richer by what we had chosen to invest into... whether bitcoin or some other ways in which we allocate our portfolios to various assets, such as stocks, property, commodities, and/or cash equivalents including bonds (and I am not referring to investing in shitcoins, since that seems pretty dumb unless you are already rich then maybe you can fuck around with putting some value into that crap).

I don't care about this Scheme. And it is clear that investing in bitcoin will make you rich. You have to look at the history of bitcoin from year to year and you will calculate the big profits that come your way. Everyone is saying the same thing here, but believe it or not investing in bitcoin will make you rich with huge returns for years to come.

It's no wonder why there are so few millionaires because they postpone the wealth that comes as a result of this be it worry or a minimal level of knowledge. I believe people don't always have to say that investing doesn't guarantee you will be rich. We have to make changes in ourselves and how sorry you are for selling bitcoin at low prices.

But of course it would really be depending on how much you had invested on Bitcoin if you are really that planning on getting rich with it. You cant really expect yourself on being rich
while your investment doesnt really correlate or get aligned on it or you are trying out to achieve.This is why you should really be that realistic about your goals and not on hoping on something which
cant really happen even Bitcoin would pump out and you had just invested a thousand or 1k then even getting that x10 on price increase or folds on bitcoins price would really be just
ending you up on having 10k which it isnt something that would really be considered as a financial freedom.This is why if ever you are really that planning to be rich
then the bigger the better but of course you should really be that mindful about the risks because there's no assurance that we would really be heading there.

This is a good point, and we need to figure out ways to build our investment portfolios into decently large amounts before their values start to seem like life changing amounts, and even if we were investing $10 per week, it is going to take us 2 years just to get up to a $1k investment. but a $1k investment is still better than nothing, even though we might realize that we might need to figure out ways to increase the amount that we are able to invest if we are really expecting to be building life changing amounts, and I am not even criticizing the person who is ONLY able to invest $10 per week or less, because each of us can ONLY invest as much as we are able to invest, even if we are able to identify where to invest (and perhaps that would be starting out with bitcoin, and perhaps there might be ways that we try to manage our cash in terms of how we invest in bitcoin)..

so it can take a decently long time to build an investment portfolio, and if we realize that in traditional investing, it sometimes can take 30-40 years or more to build an investment portfolio to significant/meaningful levels, and we cannot necessarily conclude that bitcoin (or any other investment) is going to considerably short-cut how much time that we might need to build our investment portfolio, but there are still ways to attempt to be aggressive in our investment (without being overly aggressive that we end up recking ourselves) in such a way that we are increasing our chances to be able to reach our goals in much shorter times than 30-40 years, and perhaps we are able to cut the timeline in half our maybe greater.. especially with something like bitcoin included in our plan (and our portfolio), but we still likely need to be prudent and reasonable in our bitcoin accumulation approach, even if we might still attempt to be somewhat aggressive about our accumulation too (and I am not talking about trading in order to accumulate BTC, but just being aggressive in a variety of ways that we set aside amounts to build our bitcoin holdings -  while at same time, if we come to realize that we are building certain kinds of skills that might allow us to accumulate more BTC without putting our principle at risk, then there is nothing wrong with employing more advanced techniques once we have spent time learning about and honing such more advanced bitcoin portfolio management.

So I think that part of my point is that there is both planning and action that results in ongoing learning so that there is ongoing tweaking of plans based on learnings, and the tweaking of plans does not even necessarily mean that the overall course of action is changed. but just that some strategies might be tweaked from time to time that might involve cash management or how to buy BTC with DCA, buying on dips and lump sum investing when we know that it is nearly inevitable that bitcoin's price will continuously and ongoingly change on a regular basis.

[flyingcarpet]

Yes! Investment does not guarantee financial success. It can provide opportunities to earn a handsome amount of money, but it comes with risks. Understanding economic conditions, fluctuations, portfolio diversification, and other factors that may influence your earnings is crucial. To succeed, you need a thorough investment strategy and an exit strategy in place.

In today's social media, they say that if you invest, everything will automatically get better. None of them tell you what the investor needs to know, the risks and the right information.

Being busy on social media takes precedence over many things. They would rather say an interesting word than the right word.

Investing does not guarantee that we will get rich. It only gives us a chance to seize opportunities. With the right moves at the right time. There are many factors to invest in and acting without considering these factors can lead us all to mistakes. The investor can invest with both the articles the OP mentioned and the positive things I have seen in many comments. Of course, he needs to weigh these things in his own mind. If it is appropriate, he will invest.

And most importantly, as you say, the investor needs a comprehensive investment strategy.

[MusaMohamed]

Besides cashflow you need to consider how much bitcoin you have already accumulated (if that is part of your investment portfolio), your other investments besides bitcoin (including cash reserves), your view of bitcoin as compared with other investments, timeline, risk tolerance, and your time, skills, goals (investment/lifestyle targets , which includes figuring out the extent that you are in BTC accumulation, maintenance or liquidation stage) and your abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.

I always have cash reserves which I plan to do for dollar cost averaging but a more important plan is for emergency. The cash reserve for emergency will be intact, won't change if I won't suddenly become rich. The cash reserve for dollar cost averaging will be changed a lot with my new cash in from my income and money I have after my monthly expenses.

I can continue or postpone my dollar cost averaging, it is not a big issue but I try to do it as much and as most regular as possible.

I see the cash reserve for emergency is very important because if I use all my cash for investment, if I urgently need cash for emergency, I will have to sell my bitcoin at price I don't want to sell. It can be price that gives me small profit but worse give me big loss.

[siedemtrzy]

Yes! Investment does not guarantee financial success. It can provide opportunities to earn a handsome amount of money, but it comes with risks. Understanding economic conditions, fluctuations, portfolio diversification, and other factors that may influence your earnings is crucial. To succeed, you need a thorough investment strategy and an exit strategy in place.

In today's social media, they say that if you invest, everything will automatically get better. None of them tell you what the investor needs to know, the risks and the right information.

Being busy on social media takes precedence over many things. They would rather say an interesting word than the right word.

Investing does not guarantee that we will get rich. It only gives us a chance to seize opportunities. With the right moves at the right time. There are many factors to invest in and acting without considering these factors can lead us all to mistakes. The investor can invest with both the articles the OP mentioned and the positive things I have seen in many comments. Of course, he needs to weigh these things in his own mind. If it is appropriate, he will invest.

And most importantly, as you say, the investor needs a comprehensive investment strategy.

Well, I think we all agree that we shouldn't trust anyone on social media, especially big crypto influencers. Hals of what they say is paid by someone else, the other half is just pure nonsense straight from their heads. I don't say that they all like that, but definitely most of them.

[Sayeds56]

So I think that part of my point is that there is both planning and action that results in ongoing learning so that there is ongoing tweaking of plans based on learnings, and the tweaking of plans does not even necessarily mean that the overall course of action is changed. but just that some strategies might be tweaked from time to time that might involve cash management or how to buy BTC with DCA, buying on dips and lump sum investing when we know that it is nearly inevitable that bitcoin's price will continuously and ongoingly change on a regular basis.

Indeed. effective planning and taking appropriate are crucial elements in achieving achieve success, and ongoing learning plays a vital role in adapting and refining strategies overtime. When it comes to investing in volatile assets like Bitcoin it is important to understand that markets are always dynamic and often they make unpredicted moves, therefore managing cash to capitalize on every significant dip becomes very important. Moreover, making a single significant investment in assets like Bitcoin is suitable for those who have strong conviction in Bitcoin's future prospects.

In summary, there is no guarantee that investment in any asset class can make you rich, considering Bitcoin in the context of its historical track record, suggest bright prospects of substantial returns in the long term.

[karabiber]

Investing may not make you 100% rich but it will open a door for your next generation. Today there are two groups that make money hard and earn easily. Due to the negative effects of inflation, it is almost impossible to have something by working in my country. People invest in whatever they can invest in. Investing in the crypto market and stock markets is very attractive and is one of the main tools to protect our earnings against inflation. Therefore investing will always protect you against inflation.

You will not become rich by investing but you will not reduce your capital but it should not be forgotten that making a good investment causes your ambition to increase. When you become ambitious, you decide to invest more. But this is not correct behavior. You should stand by and proceed with Hodl in such a case. You should also be prepared for market fluctuations. Avoid investing if you have a weak hand. When investing, you should always be open to change and investment strategies from 15 years ago will not work.

[Freddie Boyer]

You will not become rich by investing but you will not reduce your capital but it should not be forgotten that making a good investment causes your ambition to increase. When you become ambitious, you decide to invest more. But this is not correct behavior. You should stand by and proceed with Hodl in such a case. You should also be prepared for market fluctuations. Avoid investing if you have a weak hand. When investing, you should always be open to change and investment strategies from 15 years ago will not work.

Surely the skeptical attitude must be thrown away. yes, as you mean, emotional control in the crypto world is the main thing and revenge and against the mainstream besides the end goal as the title OP wrote that Investing does not guarantee you will get rich. We are, now many are proficient and have their own ways and tips on investing and navigation.

[bangjoe]

Investing may not make you 100% rich but it will open a door for your next generation. Today there are two groups that make money hard and earn easily. Due to the negative effects of inflation, it is almost impossible to have something by working in my country. People invest in whatever they can invest in. Investing in the crypto market and stock markets is very attractive and is one of the main tools to protect our earnings against inflation. Therefore investing will always protect you against inflation.

You will not become rich by investing but you will not reduce your capital but it should not be forgotten that making a good investment causes your ambition to increase. When you become ambitious, you decide to invest more. But this is not correct behavior. You should stand by and proceed with Hodl in such a case. You should also be prepared for market fluctuations. Avoid investing if you have a weak hand. When investing, you should always be open to change and investment strategies from 15 years ago will not work.

Basically, investment becomes the second option after having an active income every month, investing is to add value and maintain the value we have so as not to be eroded by a high inflation current in a matter of years.
I agree that investment does not make you rich, especially the money you use is not much, or in other words today you have $ 1000 money then you invest into shares/crypto and hope the end of the year becomes a billionaire, of course it is a silly mind, but this stigma Always a trend for those who are just familiar with investment especially when they see people who are lucky to get profit folds from shares/crypto so that they are tempted and have such mindset.

I think that if the investment is calculated, it goes well, and has a desire or ambition in its investment, if the investment still uses money that is not used for things or emergency, of course, in my opinion, may use the money that if you really are do not have plans to use it. In addition, the investment that you can go well, then we need to diversify our assets to other fields.

[Salahmu]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

2. INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge. You have money to make investment but why don't you have spre money for your education? Lack of knowledge will lead you to incur losses and the only one to cure it is to make an investment in yourself. The investment that you will do is not for short term only, but it can help you to achieve a lot of great things in life. So what are you doing now? Don't hesitate and make sure that you should invest in your mind. This is one of the greatest decision that you ever made.

3. RULES: Creating rules for yourself and following it is the next step. The reason why there are a lot of people who wants to be a trader and investor because of the FREEDOM that they can have when they are doing it. It is the freedom because there are no specific rules that they should follow. The know that they can buy whenever they want, they can trade whenver they want and they can make money whenevery they want but it doesn't mean that you will not experience lossses. This is where the rules will kick in, You should have rules on what type of investment you will make, when you will entry, what is your cut loss percentage, when you will sell, how much you will allocate and knowing if the RRR is good or not.

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

I totally agree with you OP, so many persons venture into investment all because they saw people benefiting from there investment, so all of a sudden they became interested without even considering if actually they have a desire to really venture into investment or not, there only believe is that if people are making money through investment they did, he could actually make the same money after investing, forgetting that there are more things that must be met before investing, just like the OP said, you must know the risk involves because you can not predict how the market works as such you can make profit or losses your money, the desire and patient is also one of the things one should also consider.

[JayJuanGee]

Investing may not make you 100% rich but it will open a door for your next generation. Today there are two groups that make money hard and earn easily. Due to the negative effects of inflation, it is almost impossible to have something by working in my country. People invest in whatever they can invest in. Investing in the crypto market and stock markets is very attractive and is one of the main tools to protect our earnings against inflation. Therefore investing will always protect you against inflation.

You will not become rich by investing but you will not reduce your capital but it should not be forgotten that making a good investment causes your ambition to increase. When you become ambitious, you decide to invest more. But this is not correct behavior. You should stand by and proceed with Hodl in such a case. You should also be prepared for market fluctuations. Avoid investing if you have a weak hand. When investing, you should always be open to change and investment strategies from 15 years ago will not work.

The HODL concept does not necessarily work for "crypto" or "shitcoins," so anyone needs to be careful in regards to employing HODL with various scams, whether ethereum or any other shitcoin you need to consider your exit... stocks also might be similar.... of course, you could pick various index funds, and so if you ultimately determine that the stocks have long term fundamental value, then HODL would work for the various stocks that may well have long down periods.. and sure of course with any investment you might end up being wrong, so HODL would not work if the fundamental value and strength of investment thesis is missing or maybe if circumstances have changed with such investments in order to contribute towards a weaker investment thesis for whichever asset (stock, properties, commodities).

In terms of bitcoin versus shitcoin, then surely it should be quite possible to figure out that bitcoin has a strong underlying value and therefore a strong investment thesis, yet since we realize that it's upward price trajectory is not guaranteed, we have to figure out an appropriate size of our investment into bitcoin in which we are either able to HODL through difficult periods or to add to our bitcoin position.  Those kinds of fundamental assessments are way less obvious when either speaking about shitcoin (crypto) generally, or even if we might go into each of the problems with the various coins that might have pump and dump possibilities, but not likely the same kinds of fundamental values (or strength of long term investment thesis) like bitcoin..

..so even though I personally suggest not to fuck around with shitcoins or to use vague terms like "crypto" when talking about what kinds of investments to make, if any of us do decide to have some allocation to shitcoins, we should be attempting to more particularly assess them.. and to figure out the extent to which HODL actually will work with those kinds of coins.. and not to be conceptually or descriptively lumping that crap in with bitcoin in vague kinds of uses of language.. because their is no such thing as investing into crypto - unless you really are getting distracted and involved in various scam products (ways of looking at the space) or even some of those crap "crypto" index funds that might cause you to falsely believe that you are investing better because you are "investing in more than just bitcoin," which likely just means that you really do not know what bitcoin is otherwise you would not be getting so distracted or lured into such products or ways of talking/thinking about how bitcoin relates to various shitcoins.

[GigaBit]

ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

Many people want to get rich through investing. Some are ready to take maximum risk to get rich while others want to stay away from risk.
Normally we get deep connection between risk and investment. There is no investment without risk. When an investor is able to take risk, he can be exposed to profit or loss. Those who can take more risk will also be able to gain more. But there is no assurance. Only those who patiently try to invest after taking risks can be succeed. Before taking risk, one must make a well-planned decision.

[bitLeap]

Analytical ability and patience in holding bitcoins is a way where we can be on a path that will make us financially healthy. In theory, maybe something like this looks easy, because we only need to buy and hold. However, in reality it is not as easy as we imagine, especially when the market is bathing in blood which sometimes makes many people panic and in the end they decide to sell it.

If someone already has market analysis skills then they already understand that the fluctuating market does not have stable prices and they already understand the risks, so there are only 2 ways to take action, buying and holding all the time until it reaches your dream target price.

If we have arranged financial allocations for long-term bitcoin investment, then we don't need to think about the short-term market impact like a price drop of 15k ago, we even have to increase investment at the lowest price from the reserve fund. I believe that many people have the opportunity to become rich from investing in Bitcoin if they are sure of long-term investment decisions.

Yes, we have been given the path to become someone who is financially successful when bitcoin was first introduced, it's just how we respond. Do we want to keep learning and make sacrifices to achieve something we want, or do we just want to be someone who has ideas on how to become successful in an instant way.
Talking about success in an instant way, who doesn't want that, I'm sure everyone will have the same thought, but the problem is whether there is a way that will make it happen? i don't think there is such a way.

Bitcoin is our chance, we can't just pass it up! 

Investing may not make you 100% rich but it will open a door for your next generation. Today there are two groups that make money hard and earn easily. Due to the negative effects of inflation, it is almost impossible to have something by working in my country. People invest in whatever they can invest in. Investing in the crypto market and stock markets is very attractive and is one of the main tools to protect our earnings against inflation. Therefore investing will always protect you against inflation.

You will not become rich by investing but you will not reduce your capital but it should not be forgotten that making a good investment causes your ambition to increase. When you become ambitious, you decide to invest more. But this is not correct behavior. You should stand by and proceed with Hodl in such a case. You should also be prepared for market fluctuations. Avoid investing if you have a weak hand. When investing, you should always be open to change and investment strategies from 15 years ago will not work.

The HODL concept does not necessarily work for "crypto" or "shitcoins," so anyone needs to be careful in regards to employing HODL with various scams, whether ethereum or any other shitcoin you need to consider your exit... stocks also might be similar.... of course, you could pick various index funds, and so if you ultimately determine that the stocks have long term fundamental value, then HODL would work for the various stocks that may well have long down periods.. and sure of course with any investment you might end up being wrong, so HODL would not work if the fundamental value and strength of investment thesis is missing or maybe if circumstances have changed with such investments in order to contribute towards a weaker investment thesis for whichever asset (stock, properties, commodities).

Now, this is what must be understood as a whole, because sometimes there are people who only know HODL but they don't know which assets to apply and under what circumstances. Especially if it is applied to shitcoin, for me that is something that should not be done.
We can very well apply this concept to Bitcoin, but we can't necessarily apply it to other crypto assets, arguing that bitcoin and other crypto are the same thing.

Holding is something that has to be done with the right assets, lest we generalize in this space.

[Altryist]

Many people want to get rich through investing. Some are ready to take maximum risk to get rich while others want to stay away from risk.
Normally we get deep connection between risk and investment. There is no investment without risk. When an investor is able to take risk, he can be exposed to profit or loss. Those who can take more risk will also be able to gain more. But there is no assurance. Only those who patiently try to invest after taking risks can be succeed. Before taking risk, one must make a well-planned decision.

  Or big risks will lead to the fact that you will simply lose everything you had. From my observations, people tend to take less risk, even if the profit from this is much lower. To my surprise, many people still use the services of a bank when they put their money on deposit for a few percent per annum and think that their money is working. High risks and illiterate investment are extremes from which you should not expect a good result.

[Agbe]

~

Investing in Bitcoin is much more better than those shitcoins not because of anything but because of the value of Bitcoin over them. Bitcoin appreciate faster than them and there is less risk in Bitcoin. Because we can see many instances at the past on shitcoins.

Many people want to get rich through investing. Some are ready to take maximum risk to get rich while others want to stay away from risk.
Normally we get deep connection between risk and investment. There is no investment without risk. When an investor is able to take risk, he can be exposed to profit or loss. Those who can take more risk will also be able to gain more. But there is no assurance. Only those who patiently try to invest after taking risks can be succeed. Before taking risk, one must make a well-planned decision.

But to say the truth Bitcoin in particular has helped many out from the poverty zone to middle-class citizens in their various countries. Investing in Bitcoin and through the investment the person get rich, it was also part of his or her plan of investing. Like if someone purchased Bitcoin in 2022 when Bitcoin was 15k$ and 16k$  with the sum of 3k$ and the person hodl it for a very long period, as JayJuanGee said, that person will become a rich man in his area. Though there is risk but if the person can manage the risk and succeed in the investment. Men!!! The nigga/dude will make it in life.

[Lorence.xD]

Many people want to get rich through investing. Some are ready to take maximum risk to get rich while others want to stay away from risk.
Normally we get deep connection between risk and investment. There is no investment without risk. When an investor is able to take risk, he can be exposed to profit or loss. Those who can take more risk will also be able to gain more. But there is no assurance. Only those who patiently try to invest after taking risks can be succeed. Before taking risk, one must make a well-planned decision.

  Or big risks will lead to the fact that you will simply lose everything you had. From my observations, people tend to take less risk, even if the profit from this is much lower. To my surprise, many people still use the services of a bank when they put their money on deposit for a few percent per annum and think that their money is working. High risks and illiterate investment are extremes from which you should not expect a good result.

Big risk with high rewards is actually true, if you've invested first at yourself. You gather first the prior knowledge about the investment you will stake your money and how you could handle such losses in case. You can lessen those risk if only you have the plan, knowledge and persistent to do investment in this industry. It's not actually suprising to know that most people much prefer to use bank since not all of the people are aware on how Bitcoin works. If only they knew how to navigate or control it but for sure it will hook some people if they hear that Bitcoin is a decentralized system. Most people who use banks are actually for convenience too wheenver they need money since there's a lot of withdrawal machine in such places like abroad.

[Sayeds56]

But to say the truth Bitcoin in particular has helped many out from the poverty zone to middle-class citizens in their various countries. Investing in Bitcoin and through the investment the person get rich, it was also part of his or her plan of investing. Like if someone purchased Bitcoin in 2022 when Bitcoin was 15k$ and 16k$  with the sum of 3k$ and the person hodl it for a very long period, as JayJuanGee said, that person will become a rich man in his area. Though there is risk but if the person can manage the risk and succeed in the investment. Men!!! The nigga/dude will make it in life.

You have raised a valid point regarding Bitcoin influence on socioeconomic status of individual's life, resulting in numerous individuals to move from poverty to middle class. I have personnely observed within my friends and family circle who timely recognized potential of Bitcoin and engaged  in various endeavors of orypto space, such as investing and trading in Bitcoin, joining bounties and airdrops campaigns. Their impressive earnings through these endeavors is a testament to the empowering opportunities that crypto space provides for those who seize them.

[imamusma]

The goal of investing is to earn returns regardless of whether you will be rich with your returns or lose with them. After all, investment is also referred to as the best way for anyone to increase wealth because of the benefits, but on the other hand, investment is not the best way to maintain wealth because of the risks.

Investments don't guarantee wealth, of course. Then why? We may already know what the risks of investing are.
I don't want to repeat the many reasons that may have been mentioned by many users before my post, but at least if you invest then you have deliberately increased your probability of increasing wealth.

[Wildwest]

True as you said investing does not guarantee to be successful and rich, but by investing at least we already have a little confidence to get a success even though the path we go through many obstacles but with confidence we will definitely get something we want, although sometimes it cannot give us great wealth but to meet daily needs I think it is adequate, So in this case we must be ready to take risks, have desires without any coercion from others then everything will definitely go according to our wishes.

[Fuso.hp]

It is true that investing will never guarantee you that you can get rich by investing. Just as you have a chance of getting rich by investing, there is no guarantee that you will lose money. But if you invest in the right place at the right time, there are more chances of making money than losing money. Investing very few people lose money. Those who think of investing as just an investment succeed in investing but those who have a lot of plans around the investment or think that the investment will change their fortunes because of which they are more likely to fail than succeed when volatility is at work in them. Investing at the right time and waiting for a long time will surely make your investment successful.

[ringgo96]

As you explained that in investing we must have desires, beliefs, rules and most importantly must be ready to accept risk, because very many investors who have been successful now they have tasted bitterness in investing but they still rise until all desires can be achieved, although investment will not guarantee we will be rich but successful people today because they invest so much done, Of course, investment in various forms whose main goal is to get profits and be able to meet the needs of life.

[Franctoshi]

No risk and no reward, and thinking about becoming rich in any investment you do or want to do is ideal but not a certainty. There is no guaranteed profit for any investment because there are certain things we don't control when it comes to doing business.

Talking of risk-taking, a lot of people who have succeeded in running their businesses today are the result of taking risks, Not just anyhow risk but moderate risk-taking.

[blackened515]

As you explained that in investing we must have desires, beliefs, rules and most importantly must be ready to accept risk, because very many investors who have been successful now they have tasted bitterness in investing but they still rise until all desires can be achieved, although investment will not guarantee we will be rich but successful people today because they invest so much done, Of course, investment in various forms whose main goal is to get profits and be able to meet the needs of life.

Before investing in a project, I first of all, do some thorough research about the project to confirm if it's legit and has a solid road map, because there's numerous scams projects in the market. Investing in cryptocurrency is consider a risk, but we keep grinding for our daily bread, those sets of traders that are ready to give all they have, at the end its either a reward awaits them or a hugh loss. Take the risks, if you survive, you made it, if you lose, you lose. It's a simple path that's totally understandable and we look up to our responsibilities.

[JayJuanGee]

As you explained that in investing we must have desires, beliefs, rules and most importantly must be ready to accept risk, because very many investors who have been successful now they have tasted bitterness in investing but they still rise until all desires can be achieved, although investment will not guarantee we will be rich but successful people today because they invest so much done, Of course, investment in various forms whose main goal is to get profits and be able to meet the needs of life.

Before investing in a project, I first of all, do some thorough research about the project to confirm if it's legit and has a solid road map, because there's numerous scams projects in the market. Investing in cryptocurrency is consider a risk, but we keep grinding for our daily bread, those sets of traders that are ready to give all they have, at the end its either a reward awaits them or a hugh loss. Take the risks, if you survive, you made it, if you lose, you lose. It's a simple path that's totally understandable and we look up to our responsibilities.

It would be dumb to invest in crypto currencies.

But it would be smart to invest into bitcoin, and to figure out your position size in accordance with your level of feeling bullish or bearish about it, but everyone should get the fuck off zero if they do not own any bitcoin (or if they ONLY own small or symbolic amounts of bitcoin, then they also likely need to UP their bitcoin game), and therefore perhaps a 1% allocation into bitcoin if they are relatively whimpy and skeptical about it and perhaps up to a 25% allocation if they are more bullish and aggressive about it.. .and at the same time, getting started is one thing with something like a 1% to 25% allocation, but after getting started, it would likely be better to try to learn about what is bitcoin and also to individually tailor your bitcoin allocation and/or targets (and accumulation strategies) in ways that are more aligned to your own particular individual circumstances..and views about how bitcoin might perform as compared to other assets is only one of the categories to try to figure out in order to attempt to be a somewhat informed bitcoin investor.

Your uses of the term "cryptocurrencies" blackened515 likely demonstrates that you don't know bitcoin or that you are just being sloppy with your language use, which hardly makes any sense if you are actually trying to talk about bitcoin rather than some vague and amorphous concept that you lump into a vague and amorphous term (namely crypto currencies) that you might have heard some other "seemingly smart" person use.. but if such other person(s) use such a vague and amorphous term without actually accounting or particularly contextualizing bitcoin, then such person(s) probably are not as smart as they might seem to be.

[Sayeds56]

You will not become rich by investing but you will not reduce your capital but it should not be forgotten that making a good investment causes your ambition to increase. When you become ambitious, you decide to invest more. But this is not correct behavior. You should stand by and proceed with Hodl in such a case. You should also be prepared for market fluctuations. Avoid investing if you have a weak hand. When investing, you should always be open to change and investment strategies from 15 years ago will not work.

Indeed, it is fascinating to consider that Bitcoin may not make you wealthy in a short period, it also doesn't necessarily decrease the value of your capital. This also implies the importance of making well informed decisions and avoid reckless speculation. It is quite natural to become ambitious when you start achieving success, but it is crucial to control it by understanding the viable investment strategies, such as DCA (Dollar cost averaging). Making impulsive decision without considering risk tolerance level can be detrimental.

Investment in Bitcoin is a relatively wise decision in the context of its ability to hedge against inflation and its outstanding performance during the past 15 years.

[MusaMohamed]

It would be dumb to invest in crypto currencies.

But it would be smart to invest into bitcoin

People think Bitcoin and cryptocurrency are the same. They think they will get rich with alternative cryptocurrencies from Bitcoin stories like Pizza story which is abused by altcoin projects.

If in 2009, you missed Bitcoin
In 2023, you don't miss our project  

They have to be woken and enlightened that they will lose money very easy if they are greedy with Altcoins. Those articles have different numbers of failed projects by different methodologies but their numbers are all big. Actual number of failed altcoin projects can not be known because many 'projects' are created and died within minutes when they failed to pump and dump their scam, fraudulent games.

How many cryptocurrencies failed ?
Between 2013 and 2022, 2,383 Cryptocurrencies Fail, But a New Era Dawns in the Crypto Industry
Charting the Number of Failed Crypto Coins, by Year (2013-2022)

[Dr.Osh]

No risk and no reward, and thinking about becoming rich in any investment you do or want to do is ideal but not a certainty. There is no guaranteed profit for any investment because there are certain things we don't control when it comes to doing business.

Talking of risk-taking, a lot of people who have succeeded in running their businesses today are the result of taking risks, Not just anyhow risk but moderate risk-taking.

well, as said before, that there are no guarantees for success in investing, so the choice is, stick with our current situation, or take risks.
Actually, quite a lot of people know the risks involved in investing, because it requires mental preparation, and others as mentioned by the OP. It's just that, sometimes the desire of investors in investing is to get fast profits, and also they believe that their choice is right without doing in-depth research. so, sometimes when their investment doesn't work, they don't accept the situation. However, if you don't want to take risks, then don't invest. the bottom line is that investing does not guarantee success, but very many people are successful in investing.

[JayJuanGee]

quote author=JayJuanGee link=topic=5451908.msg62497606#msg62497606 date=1688392561

You will not become rich by investing but you will not reduce your capital but it should not be forgotten that making a good investment causes your ambition to increase. When you become ambitious, you decide to invest more. But this is not correct behavior. You should stand by and proceed with Hodl in such a case. You should also be prepared for market fluctuations. Avoid investing if you have a weak hand. When investing, you should always be open to change and investment strategies from 15 years ago will not work.

Indeed, it is fascinating to consider that Bitcoin may not make you wealthy in a short period, it also doesn't necessarily decrease the value of your capital. This also implies the importance of making well informed decisions and avoid reckless speculation. It is quite natural to become ambitious when you start achieving success, but it is crucial to control it by understanding the viable investment strategies, such as DCA (Dollar cost averaging). Making impulsive decision without considering risk tolerance level can be detrimental.

Investment in Bitcoin is a relatively wise decision in the context of its ability to hedge against inflation and its outstanding performance during the past 15 years.

You misquoted that post Sayeds56...  I did not say that... it was karabiber.. so I fixed it in this post..

[YUriy1991]

Holding is something that has to be done with the right assets, lest we generalize in this space.

I think, like Cryptocurrencies, stocks, property and commodities are all subject to market forces, and their value can fluctuate unpredictably. If an investor were to blindly hold on to their assets without considering the market conditions, what's worst, is that they would lose a large part of their investment on the hype of a nascent coin/token.

Granted, HODLing can be a viable strategy for some investors, but in my view it doesn't always work effectively under certain conditions, especially when market conditions change or the investment landscape evolves. tested like you say "Bitcoin is our chance, we can't just pass it up!"

[D ltr]

No risk and no reward, and thinking about becoming rich in any investment you do or want to do is ideal but not a certainty. There is no guaranteed profit for any investment because there are certain things we don't control when it comes to doing business.

Talking of risk-taking, a lot of people who have succeeded in running their businesses today are the result of taking risks, Not just anyhow risk but moderate risk-taking.

well, as said before, that there are no guarantees for success in investing, so the choice is, stick with our current situation, or take risks.
Actually, quite a lot of people know the risks involved in investing, because it requires mental preparation, and others as mentioned by the OP. It's just that, sometimes the desire of investors in investing is to get fast profits, and also they believe that their choice is right without doing in-depth research. so, sometimes when their investment doesn't work, they don't accept the situation. However, if you don't want to take risks, then don't invest. the bottom line is that investing does not guarantee success, but very many people are successful in investing.

getting quick profits is a greedy investor, there is no investment that can immediately provide instant profits unless it's a money game or a pyramid system, even then it's still very risky to lose,
It's true what you said you don't want to take risks  don't need to invest s, because investing requires a process not instant, if you invest correctly you will definitely get profits even though small, medium and large are all the same if you make the right investment

[Blitzboy]

Holding is something that has to be done with the right assets, lest we generalize in this space.

I think, like Cryptocurrencies, stocks, property and commodities are all subject to market forces, and their value can fluctuate unpredictably. If an investor were to blindly hold on to their assets without considering the market conditions, what's worst, is that they would lose a large part of their investment on the hype of a nascent coin/token.

Granted, HODLing can be a viable strategy for some investors, but in my view it doesn't always work effectively under certain conditions, especially when market conditions change or the investment landscape evolves. tested like you say "Bitcoin is our chance, we can't just pass it up!"

Market fluctuations affect the value of all forms of capital, including cryptocurrencies. Holding onto an asset in the hopes that it will increase in value is not investing. Real success requires familiarity with the asset, awareness of market trends, and a willingness to adjust tactics as needed.

Despite HODLing's widespread adoption in the Bitcoin community, the technique is not appropriate for every investor. Tolerance for risk, time horizon for investing, and end-state financial objectives all vary greatly across investors. Because of this, it's essential to think things out on your own instead than going with the flow.

But Bitcoin has also proven to be very robust and promising over the years. We should be realistic and spread our money around, but we shouldnt ignore the possibilities that Bitcoin offers.

[martinex]

getting quick profits is a greedy investor, there is no investment that can immediately provide instant profits unless it's a money game or a pyramid system, even then it's still very risky to lose,
It's true what you said you don't want to take risks  don't need to invest s, because investing requires a process not instant, if you invest correctly you will definitely get profits even though small, medium and large are all the same if you make the right investment

It is always influenced by many things, such as market fluctuations, the economic situation, and whether you are willing to take risks or not. rich it's a slow process, it takes patience, discipline, and keep learning. The important thing is to pay attention, look far ahead, and be prepared to face ups and downs in investment. Remember, it's wise to invest, understand your financial goals, manage risk, and be willing to adapt.

[HedgeFx]

A lot of people often became poor due wrong investment.

The Difference between investing and batting is is often imperceptible.

Often people with little financial resources tend more to bear risky investments, in the hope of being able to change their lives. Rich people instead (see Warren Buffet) follow mature investments and with less risk.

[Sayeds56]

You misquoted that post Sayeds56...  I did not say that... it was karabiber.. so I fixed it in this post..

Thank Sir, for correction. I regularly read your posts very carefully because of your extensive knowledge about Bitcoin, awareness of Investment strategies and above all your belief in its growth potential, which is highly remarkable and source of learning for all of us. I always follow your advice to enhance my understanding of Bitcoin technology and market dynamics, and encourage everybody to do so, to be able to take a well-informed decision.

[Peanutswar]

People want to become an investor because they want to escape too and have financial freedom, and one of the factors to achieve this is to have investment and business; let's take down for a while, people want to do a business because they don't want to become the slave of the corporate world they can manage their own time at the same time earning more than in working with the 8 hours in the company. Still, most of their mistake is having a wrong decision in business for example, not the business needed by the community. For the investment, this is the ideal way to let your money make more money into your, but the cons here are you need to make aware of how long you will invest and what kind of business because with every change in economic status, there's a price drops or pumps. To prevent these losses,, ensure you have full knowledge and understanding of how it works and continuously progress until you succeed.

[Sayeds56]

They have to be woken and enlightened that they will lose money very easy if they are greedy with Altcoins. Those articles have different numbers of failed projects by different methodologies but their numbers are all big. Actual number of failed altcoin projects can not be known because many 'projects' are created and died within minutes when they failed to pump and dump their scam, fraudulent games.

You have brought attention to a crucial matter within the crypto currencies space, existence of numerous scam coins those hold no value These projects were created with the aim to deceive newcomers in crypto space and unlawfully take their funds. It is essential for us to take responsibility and raise awareness among our family, friends and broader social media community. While my first preference is always Bitcoin, however, top 20 coins listed on coinmarketcap  can be considered for investment purpose, as they have some use case.

In summary investing in these high risk coins has very little chance of making you wealthy, while the probability of incurring significant losses is much higher.

[NNRR]

No coin in this crypto market can give you a hundred percent guarantee that you will profit from it, but if you invest in good projects and buy at the right time, there is a chance of making a lot of profit.

[Compromise me]

A lot of people often became poor due wrong investment.

The Difference between investing and batting is is often imperceptible.

Often people with little financial resources tend more to bear risky investments, in the hope of being able to change their lives. Rich people instead (see Warren Buffet) follow mature investments and with less risk.

This can also be due to the fact that when people Participate in investment and trading they often let their emotional run go high which leads them to lose our skill power and start taking risks. Before making investments we should observe and understand that some are long-term investments while others are short term. When we  investment  on calls, answers, and tips, we tend to operate in a risky manner. So we should consider Technical Analysis as a assist tool while Participate in investment and trading.

[ruski]

Your points about the value of acquiring knowledge about Bitcoin and cryptocurrency, even without immediate funds to invest, are well-taken. Understanding the technology, having a long-term perspective, recognizing risks, and empowering others are all important reasons to continue learning about the crypto space.

[Dimitri94]

No coin in this crypto market can give you a hundred percent guarantee that you will profit from it, but if you invest in good projects and buy at the right time, there is a chance of making a lot of profit.

Yes, no cryptocurrency can guarantee you to be reach but if a reliable investment can be made with good research, there is a high chance of success. Bitcoin is the best investment for long term investment. Even though there is no guarantee in investment, the risk of losing wealth will be reduced. Investment may not make someone rich but it can pave the way for him to become rich.

[komisariatku]

Yes I agree with you, Investment does not guarantee to be rich. In fact, maybe only a few people are successful with their investments, many more fail. And I think most people will experience many failures before finding 1 investment that is truly profitable

I also agree with you, that the first investment that must be made is an investment of thought and knowledge, this is very important so that we can make the right decisions. Like when investing in bitcoin, maybe we need to take a cut loss path when the market is really bad and buy more when the market is improving.

Investment is a gray world, no one can predict the future and we can only analyze it. If our investment fails, we must not give up until we find an investment instrument that suits us. We need to learn, but experience will make us understand more and more what we read, and that takes a long time

[leonair]

No coin in this crypto market can give you a hundred percent guarantee that you will profit from it, but if you invest in good projects and buy at the right time, there is a chance of making a lot of profit.

Yes, no cryptocurrency can guarantee you to be reach but if a reliable investment can be made with good research, there is a high chance of success. Bitcoin is the best investment for long term investment. Even though there is no guarantee in investment, the risk of losing wealth will be reduced. Investment may not make someone rich but it can pave the way for him to become rich.

Investments never guarantee anyone a profit whether in cryptocurrency or elsewhere. Investment is a risky thing, people get rich from investment and some become poor from investment. so before investing somewhere one should think twice and do a good research on the thing one is thinking of investing in so that the investment does not fail easily. and if you invest in the right place and in the right currency, the potential for profit is huge.  In this case Bitcoin can be a viable investment but it should be a long term investment.

[EluguHcman]

Investment has a potentiality of generating richness over time.
The fact remains that investment is as gambling  where if you undertake too much risks and undertaking too little risk's is as staking your ventures.
In the world of investing, you need as little risk as possible with as high upside potential as possible.
However, nothing comes for free when investing. It won’t and it will. It all depends on several factors, your personal knowledge, your willingness to admit you need advice, your risk factor, and your overall confidence and attitude

[bitLeap]

Holding is something that has to be done with the right assets, lest we generalize in this space.

I think, like Cryptocurrencies, stocks, property and commodities are all subject to market forces, and their value can fluctuate unpredictably. If an investor were to blindly hold on to their assets without considering the market conditions, what's worst, is that they would lose a large part of their investment on the hype of a nascent coin/token.

Granted, HODLing can be a viable strategy for some investors, but in my view it doesn't always work effectively under certain conditions, especially when market conditions change or the investment landscape evolves. tested like you say "Bitcoin is our chance, we can't just pass it up!"

As you qoute, it depends on how you choose the right investment.
I think it doesn't really matter if you hold on when conditions are not too good rather than quitting and exiting at a loss if it is the right asset like bitcoin for example.
We have seen a lot of hodlers who end up staying afloat even though conditions are even crashing and blindly as you said, because they believe that the investment asset they hold is something that is right and worth keeping.

All have their own strategies and forms of investment if indeed you think hodling is not very profitable then indeed don't do it because I still believe if I keep hodling when conditions are not okay in bitcoin and try to increase the load then I will benefit from it in a certain period of time because I believe bitcoin will return to their form and it's just a matter of time for that, even though it's not one hundred percent certainty but my belief is still not diminished.

[rby]

No coin in this crypto market can give you a hundred percent guarantee that you will profit from it, but if you invest in good projects and buy at the right time, there is a chance of making a lot of profit.

Yes, no cryptocurrency can guarantee you to be reach but if a reliable investment can be made with good research, there is a high chance of success. Bitcoin is the best investment for long term investment. Even though there is no guarantee in investment, the risk of losing wealth will be reduced. Investment may not make someone rich but it can pave the way for him to become rich.

Investments never guarantee anyone a profit whether in cryptocurrency or elsewhere. Investment is a risky thing, people get rich from investment and some become poor from investment. so before investing somewhere one should think twice and do a good research on the thing one is thinking of investing in so that the investment does not fail easily. and if you invest in the right place and in the right currency, the potential for profit is huge.  In this case Bitcoin can be a viable investment but it should be a long term investment.

It is fine to invest whether it guarantees you to be wealthy or not. The worst thing that could happen is that you didn't invest at all because of fear of not getting rich through investment.
In everything in life, there is an iota of risk attached to it.
People that are willing to take such risks are the people that are always the rich ones. This kind of post in Op encourages laziness and fear of breaking through your comfort zone.

My only advice is anyone investing should have a good knowledge of whatever they are investing in. A good investment can make a difference in your life while a bad investment can ruin your chances of becoming wealthy.

[Oilacris]

No coin in this crypto market can give you a hundred percent guarantee that you will profit from it, but if you invest in good projects and buy at the right time, there is a chance of making a lot of profit.

Yes, no cryptocurrency can guarantee you to be reach but if a reliable investment can be made with good research, there is a high chance of success. Bitcoin is the best investment for long term investment. Even though there is no guarantee in investment, the risk of losing wealth will be reduced. Investment may not make someone rich but it can pave the way for him to become rich.

Investments never guarantee anyone a profit whether in cryptocurrency or elsewhere. Investment is a risky thing, people get rich from investment and some become poor from investment. so before investing somewhere one should think twice and do a good research on the thing one is thinking of investing in so that the investment does not fail easily. and if you invest in the right place and in the right currency, the potential for profit is huge.  In this case Bitcoin can be a viable investment but it should be a long term investment.

It is fine to invest whether it guarantees you to be wealthy or not. The worst thing that could happen is that you didn't invest at all because of fear of not getting rich through investment.
In everything in life, there is an iota of risk attached to it.
People that are willing to take such risks are the people that are always the rich ones. This kind of post in Op encourages laziness and fear of breaking through your comfort zone.

My only advice is anyone investing should have a good knowledge of whatever they are investing in. A good investment can make a difference in your life while a bad investment can ruin your chances of becoming wealthy.

Depends on a certain person on which and when he would really be able to be that contented on the current possessions that he had because there are people who doesnt really have plans on going for

some additional hassles for effort if ever this one talks about extra income or source or whatsoever in correlated to it because he is already that acquiring sufficient which he could be able to sustain himself without doing other things.Its true that investment doesnt really give out that high or assurance about success because we know that its does still have that risks on  failure.
Somehow you wouldnt really be that progressive if you wouldnt really be taking such step or risks on doing these things because if you are really that mindful about on having that financial
freedom then this would really be the initial step that you would really be needing to acquire such condition or state.

[Captain Corporate]

Maybe it doesn't "guarantee" it, but certainly beats any other option. If you are investing into something stupid then yeah you are going to end up losing your money, but if you keep on investing into bitcoin for many years, even decades, then you will most likely do better than most other assets. People always look into things like "would this make me rich" but they forget, they will do something with their money one way or another and this is just a discussion of which one is better, not a discussion of which one works. This means if you invest into gold, stocks, houses, cars, business, whatever you want to, all of them has a risk and none of them guarantees you to be rich as well, even if you do nothing and just keep fiat, that will lose value due to inflation. So all in all, bitcoin doesn't have to guarantee you anything, it just needs to be better than another options that's it, and it would still be a valid choice.

[ginsan]

Investment has a potentiality of generating richness over time.
The fact remains that investment is as gambling  where if you undertake too much risks and undertaking too little risk's is as staking your ventures.
In the world of investing, you need as little risk as possible with as high upside potential as possible.
However, nothing comes for free when investing. It won’t and it will. It all depends on several factors, your personal knowledge, your willingness to admit you need advice, your risk factor, and your overall confidence and attitude

Of course everything you say is true where someone will need insight and advice from the seniors who are here. It's not only awareness that we have to instill in ourselves, but also we need strong belief and optimism to hold it in the long term. To become a Millionaire there are many risks that will come your way in investing, because some people will support you and some of them will influence you.

So from here we must have a strong mentality of our stance in investing in bitcoin and don't need to understand Charts if you do DCA. Wealth will come to us and that is a success that many btc holders have been waiting for from time to time.  those who bought in 2015, 2016 of course they will be proud of what they have done in Bitcoin.

[JoyMarsha]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio.

Anyone who invests in bitcoin or any other commodity should have that understanding, that investment does not ensure financial success. Investing their hard-earned money in bitcoin should be considered a risky move because no one can predict its future results, including whether they will be profitable or not. Although it appears that a crypto investor only loses money in bitcoin when they decide to sell their bitcoins for less than they originally invested rather than hodl. There will undoubtedly be gains in the portfolio of crypto investors if they decide to hodl rather than sell.

[Aikidoka]

Maybe it doesn't "guarantee" it, but certainly beats any other option. If you are investing into something stupid then yeah you are going to end up losing your money, but if you keep on investing into bitcoin for many years, even decades, then you will most likely do better than most other assets. People always look into things like "would this make me rich" but they forget, they will do something with their money one way or another and this is just a discussion of which one is better, not a discussion of which one works. This means if you invest into gold, stocks, houses, cars, business, whatever you want to, all of them has a risk and none of them guarantees you to be rich as well, even if you do nothing and just keep fiat, that will lose value due to inflation. So all in all, bitcoin doesn't have to guarantee you anything, it just needs to be better than another options that's it, and it would still be a valid choice.

Bitcoin is indeed a good choice for investment, but honestly I believe there are also many other good options to invest your money in as well. It's better to invest in the things that you find in your top 3 choices and then wait for the profits. It's advisable not to put all your money into a single investment as it can be so risky. If that investment fails it would result in a huge loss that might be really hard to recover from.

Bitcoin is particularly suitable for long-term investment and those familiar with its history understand its potential to reach extraordinary prices in the coming years. Additionally, I feel like investing in real estate could be a highly promising option too. Like for example, in my country I have never seen anyone lose money when investing in real estate. It's considered a top-tier type of investment imo.

[pantek talacuik]

No coin in this crypto market can give you a hundred percent guarantee that you will profit from it, but if you invest in good projects and buy at the right time, there is a chance of making a lot of profit.

It seems that everyone who invests in virtual currencies already knows this if they were born or only recently learned about virtual currencies. This is something you have to take and a big decision that will lead you to how this happened or not.

[rby]

This means if you invest into gold, stocks, houses, cars, business, whatever you want to, all of them has a risk and none of them guarantees you to be rich as well, even if you do nothing and just keep fiat, that will lose value due to inflation.

The most apt statement. There is a level of risk attached to anything you are doing. Be it investment, business, savings and even if you do nothing you are still at risk. The difference is the level of risk.
Someone investment to be able to feed a family will have a slim lot size of investment and may likely not run into bigger risk. This cannot be said to someone who is investing to secure an air craft.
The more expectations of return, the riskier the investment. But then some people actually invest in stupid things and expect luck to play a role it is not assigned by nature to play.
It is therefore correct that investment doesn't totally guarantee richness but then doing nothing means stagnancy.

[Asuspawer09]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

2. INVESTING ON MIND: Invest in knowledge before putting your hard earned money on bitcoin, the opportunities in the market is unlimited. Do not fall for the Fear of Missing Out because the opportunities always existing in the market especially if you train your mind to see it. People do not see those opportunities because they never invest in their knowledge. You have money to make investment but why don't you have spre money for your education? Lack of knowledge will lead you to incur losses and the only one to cure it is to make an investment in yourself. The investment that you will do is not for short term only, but it can help you to achieve a lot of great things in life. So what are you doing now? Don't hesitate and make sure that you should invest in your mind. This is one of the greatest decision that you ever made.

3. RULES: Creating rules for yourself and following it is the next step. The reason why there are a lot of people who wants to be a trader and investor because of the FREEDOM that they can have when they are doing it. It is the freedom because there are no specific rules that they should follow. The know that they can buy whenever they want, they can trade whenver they want and they can make money whenevery they want but it doesn't mean that you will not experience lossses. This is where the rules will kick in, You should have rules on what type of investment you will make, when you will entry, what is your cut loss percentage, when you will sell, how much you will allocate and knowing if the RRR is good or not.

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

6. CONFIDENCE : Trust yourself, trust the plan that you created and do not ever hesitate, in this way you can perceive the market information correctly and you will not experience any fear, panic and many more negative emotions.

That would still depend on how you're going to handle your money, your investments, your savings, etc. I mean you could totally earn a big amount of profit in cryptocurrency by investing in it, but earning millions is nothing if you don't know how to handle your money and how you're going to grow it, maybe you earn million but then you just spend it on expensive stuff, then you're just going to end up broke again even though you earn a big amount of profit, if your spending is bigger than your saving it just wouldn't make any sense you're still going to be broke in the end.

For sure investing in cryptocurrency, buying bitcoin, etc. doesn't guarantee you to be rich, there are only a few lucky investors who have been able to be rich on Bitcoin investment and cryptocurrency. Yes, you can do it probably but it doesn't mean it's going to happen what is guarantee here is your going to earn a good amount of profit if you know what actually is your doing, and compared to other sources of income maybe we an call it some sort of shortcut since profit on cryptocurrency is higher even though it is riskier.

[Dr.Bitcoin_Strange]

It is fine to invest whether it guarantees you to be wealthy or not. The worst thing that could happen is that you didn't invest at all because of fear of not getting rich through investment.
In everything in life, there is an iota of risk attached to it.
People that are willing to take such risks are the people that are always the rich ones. This kind of post in Op encourages laziness and fear of breaking through your comfort zone.

My only advice is anyone investing should have a good knowledge of whatever they are investing in. A good investment can make a difference in your life while a bad investment can ruin your chances of becoming wealthy.

This statement you made reminds me of something my friend said some years ago, and every time he sees me, he always regrets not taking the decisions I convinced him to make then. Although it's not too late for him to start, but he's so weak.


Look what happened: he chose me as a friend, but in him, I never had a friend because he had no good visions or goals for his life, and I noticed It would just be a kind of parasitic relationship between us, so I just kept the relationship neutral. After my graduation from the university, I was just working on a few things (jobs and hustles) to help me build my business, but at some point I travelled to my home town, and this friend was just sitting at home all day long, visiting friends and playing games. Although he gambles a little bit, it's not that hard because he's got no money to even spend on gambling. He was just wasting his time for nothing. So, I advised the guy to invest in Bitcoin and hold it for a few years, and he will make some profit to start up something, but he said he's got no money to invest in Bitcoin, and I told him that apart from Bitcoin, he can invest in other things or possibly invest in himself instead of wasting his time every day sitting at home doing nothing, but this guy was not positive. I offered to let him stay in the city so he could get a job, save up some money, and do something meaningful for himself. It was then that I made a statement by telling him to "leave his comfort zone", but his response freaked me out; he said even other people have a better comfort zone where they are so comfortable eating and drinking (living good life), but that what I see as a comfort zone is not really a comfort zone for him. He said he was facing hell in his comfort zone, but I still advise him that since home is not a comfort zone for him, he should take the challenge to leave home and come to the city where he can get a job. He was adamant; time travelled so fast, and we have crossed almost four years now since I gave him the advice. He is aware of every price of Bitcoin since 2020 to date, but he has not invested because he has no money to do so.


So, based on the OP, even before someone can be rich, they must be rich in their thoughts (mindset). My friend had a poor mindset, and I believe that even if he had taken my advice to invest, that would not have guaranteed his success because his mind is not made up to be successful. Someone once said that "to become successful, you will try and fail for some time before you can actually become successful at the end." So, someone who is not ready to let go of their past failure will not be successful; someone who cannot rise up after they fail will not be successful. Someone who is not prepared for success will never see it because success comes with a lot of obstacles.
@rby, Based on what you've said, I agree with you.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

[Fullcoinese]

So, based on the OP, even before someone can be rich, they must be rich in their thoughts (mindset). My friend had a poor mindset, and I believe that even if he had taken my advice to invest, that would not have guaranteed his success because his mind is not made up to be successful. Someone once said that "to become successful, you will try and fail for some time before you can actually become successful at the end." So, someone who is not ready to let go of their past failure will not be successful; someone who cannot rise up after they fail will not be successful. Someone who is not prepared for success will never see it because success comes with a lot of obstacles.

i think your friend is actually aware and knows but maybe he is too lazy to do it. everyone has to get rid of laziness in himself to be able to develop.
yes, you are absolutely right, it will be very difficult if we awaken someone who doesn't have a visionary mindset and doesn't have the spirit to fight to improve their future by choosing to stay in their comfort zone and don't want to take any risks to develop.
everyone has the desire to be rich and successful in the future, but if they don't want to take any steps and take any risks because they are too afraid of not succeeding then that person will be far behind, even though failure is something that almost everyone has experienced.
we will never achieve success and wealth if we cannot see the opportunities and opportunities that exist. everyone must have a high fighting spirit and not give up easily to be successful.

[LDL]

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.

1. DESIRE:
2. INVESTING ON MIND:  
3. RULES:
4. ACCEPTING THE RISK:
5. PLANNING :
6. CONFIDENCE :

All the qualities you mentioned are very important for investing. An investor must adhere to the above qualities. If one does not want to invest and if he goes to invest against his mind then there is definitely a possibility of loss instead of profit in that investment.
An investor must implement pre-planned decisions to make. An investor doesn't suddenly jump into investing on a coin, before investing, an ideal investor does a lot of research on that coin and analyzes the market before investing.
An investor must have a lot of knowledge on risk management. An investor never wants to get super rich in a short period of time because risk management involves no investment that makes you rich overnight. Moreover, if you want to invest, you must have confidence in the investment and have the honest courage to deal with the various risks involved in the investment. Moreover, investors who do not have all these qualities never get any positive feedback from their investments.

[Ricardo11]

No investment will guarantee you get rich. Because the investment market is very difficult. You can make profit or loss from here. No one will guarantee you that you will be able to profit from it. But if you invest wisely, your chances of profiting from your investment will increase slightly. Invest cautiously by scrutinizing the market when you invest. Invest in good platforms by doing due diligence before investing. And before investing, definitely consult with professional investors and invest at the right time. And with that, do your own research and invest. This will increase your chances of profit a little.

[CryptoHFs]

After a long run. I can truly say that it first depends on the road God has set for you in life. Secondly, being smart or even genius doesn't guarantee that you will be rich or not. Hard work is not everything. It all depends on the self disciplines to do what you know or what you should be doing then you may start improving your life step by step.

[Blitzboy]

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That would still depend on how you're going to handle your money, your investments, your savings, etc. I mean you could totally earn a big amount of profit in cryptocurrency by investing in it, but earning millions is nothing if you don't know how to handle your money and how you're going to grow it, maybe you earn million but then you just spend it on expensive stuff, then you're just going to end up broke again even though you earn a big amount of profit, if your spending is bigger than your saving it just wouldn't make any sense you're still going to be broke in the end.

For sure investing in cryptocurrency, buying bitcoin, etc. doesn't guarantee you to be rich, there are only a few lucky investors who have been able to be rich on Bitcoin investment and cryptocurrency. Yes, you can do it probably but it doesn't mean it's going to happen what is guarantee here is your going to earn a good amount of profit if you know what actually is your doing, and compared to other sources of income maybe we an call it some sort of shortcut since profit on cryptocurrency is higher even though it is riskier.

Investment is not a game of chance but a calculated risk, and this is especially true in the volatile and unpredictable cryptocurrency market. True, one can rapidly go from affluence to poverty in the absence of fiscal responsibility and knowledge of money management. But it's unfair to dismiss Bitcoin's early adopters as "lucky" if that's all you can call individuals who've made a lot of money on the cryptocurrency.

Each investor's risk tolerance and viewpoint are reflected in the investments they choose. Yes, there is greater potential for loss, but cryptocurrencies like Bitcoin provide a once-in-a-lifetime chance of exponential growth. The many early adopters who are now worth millions is only one example. And it wasn't just dumb luck; they recognised opportunity where others saw danger.

Obviously, this doesnt mean that you should go out and buy Bitcoin with the hope of becoming the next crypto millionaire, but it's something to keep in mind. Knowing the beast's true character is essential. As you put it, cryptocurrency is not a "shortcut," but rather a new way forward.

[xSkylarx]

No coin in this crypto market can give you a hundred percent guarantee that you will profit from it, but if you invest in good projects and buy at the right time, there is a chance of making a lot of profit.

It seems that everyone who invests in virtual currencies already knows this if they were born or only recently learned about virtual currencies. This is something you have to take and a big decision that will lead you to how this happened or not.

Still, not all, because others got in because of the hype coming from influencers, and they are really expecting that it is like rocket science that the price will go up and they will gain profit. This should be the one piece of information that those newbies will sink into their minds so that they won't get scammed or lose their money, because this is the number one reason why newbies are losing their money.

[Mauser]

People want to become an investor because they want to escape too and have financial freedom, and one of the factors to achieve this is to have investment and business; let's take down for a while, people want to do a business because they don't want to become the slave of the corporate world they can manage their own time at the same time earning more than in working with the 8 hours in the company. Still, most of their mistake is having a wrong decision in business for example, not the business needed by the community. For the investment, this is the ideal way to let your money make more money into your, but the cons here are you need to make aware of how long you will invest and what kind of business because with every change in economic status, there's a price drops or pumps. To prevent these losses,, ensure you have full knowledge and understanding of how it works and continuously progress until you succeed.

I agree with you, it's hard to imagine working in the same job for 40 years without any end insight. On top of that having to work overtime and weekends for a boss that doesn't appreciate my sacrifice is horrible. At least among my friends we all dream of becoming financially independent one day. Running a business and being our own boss is one way to achieve that freedom, but it can't be everybody self employed and not working in big companies. The majority of us is stuck as employees and in such a case investing is the only solution to make enough money to be independent one day. It's true that investing is no guarantee to become rich one, but not investing is a guarantee that we won't become rich either. Better to at least try and have the chance to make it, than never to try it and being stuck in the rat race.

[Ptb73]

If you invest, it does not mean that you will become rich, but at least you will have a chance to become rich. The longer you invest, the more knowledge and understanding you have of what you are doing. The amounts you invest also matter.

So I think investing is great and it's something everyone should learn.

[Smartvirus]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio.

It’s the concept that has gotten many scammed. I get the idea that you can have your money work for you but, it’s the idea that has been capitalized upon by those that run ponzi schemes and have gotten many scammed in the past years and even up to this day.

It has in a way entertained laziness with investors who aren’t willing to do the needed work but have there eyes set on profit making. Trying to have others take the most risks haven’t made all there speculations and all while, you be at the receiving end. Sadly, this haven’t turned out well for most.

The world has never been that simple and won’t be. You’ve got to be willing to do the dirty job, be at the board with the tools until you’re well enough to equip people to do that for you.

[ginsan]

If you invest, it does not mean that you will become rich, but at least you will have a chance to become rich. The longer you invest, the more knowledge and understanding you have of what you are doing. The amounts you invest also matter.

So I think investing is great and it's something everyone should learn.

What you say is quite right where the potential in investing is getting the opportunity to get rich. Well investing in Bitcoin is one of the investments that is good enough to do early on if you are new or new to Bitcoin. I think we are opening up a more efficient opportunity to get rich in the next year or 10 years time because bitcoin is a very valuable asset that is worth having in portfolio. I don't think there is anything that is difficult to get rich and it is a life choice where if the investment we made since the previous year in Bitcoin when the price was 3k or 10k, of course for now we have seen large estimated profits in our portfolio.

You can learn from seniors who have been involved in Bitcoin for a long time and one more thing, never be shy to ask questions because the seniors here will provide good enlightenment according to their level of knowledge. Indeed it is very necessary to keep learning and that is the key to being confident in investing in Bitcoin.

[dunfida]

If you invest, it does not mean that you will become rich, but at least you will have a chance to become rich. The longer you invest, the more knowledge and understanding you have of what you are doing. The amounts you invest also matter.

So I think investing is great and it's something everyone should learn.

What you say is quite right where the potential in investing is getting the opportunity to get rich. Well investing in Bitcoin is one of the investments that is good enough to do early on if you are new or new to Bitcoin. I think we are opening up a more efficient opportunity to get rich in the next year or 10 years time because bitcoin is a very valuable asset that is worth having in portfolio. I don't think there is anything that is difficult to get rich and it is a life choice where if the investment we made since the previous year in Bitcoin when the price was 3k or 10k, of course for now we have seen large estimated profits in our portfolio.

You can learn from seniors who have been involved in Bitcoin for a long time and one more thing, never be shy to ask questions because the seniors here will provide good enlightenment according to their level of knowledge. Indeed it is very necessary to keep learning and that is the key to being confident in investing in Bitcoin.

Just try to look around and try to analyze on what are the things that was able to happen on which you could be able to picture out about those probabilities which might able to happen on other projects as well.
Im not really that against with Bitcoin investment but its true on what others been saying that you would really get rich on the time that you had able to get in into those early years or to those extreme dip
or floor price on which it did able to reach out. If you have missed it out then you could still make out some investment but getting rich or getting extreme amount of profit? We cant really be so sure because
hitting up a few multipliers wouldnt really be able to make us rich.

It would really be still depending on how much you had invested or on how much you had put in and make some assumptions that it would be hitting up 10x but you have invested few thousands
then it wont be considered to be big but well its our choice.

[JayJuanGee]

If you invest, it does not mean that you will become rich, but at least you will have a chance to become rich. The longer you invest, the more knowledge and understanding you have of what you are doing. The amounts you invest also matter.

So I think investing is great and it's something everyone should learn.

What you say is quite right where the potential in investing is getting the opportunity to get rich. Well investing in Bitcoin is one of the investments that is good enough to do early on if you are new or new to Bitcoin. I think we are opening up a more efficient opportunity to get rich in the next year or 10 years time because bitcoin is a very valuable asset that is worth having in portfolio. I don't think there is anything that is difficult to get rich and it is a life choice where if the investment we made since the previous year in Bitcoin when the price was 3k or 10k, of course for now we have seen large estimated profits in our portfolio.

You can learn from seniors who have been involved in Bitcoin for a long time and one more thing, never be shy to ask questions because the seniors here will provide good enlightenment according to their level of knowledge. Indeed it is very necessary to keep learning and that is the key to being confident in investing in Bitcoin.

Just try to look around and try to analyze on what are the things that was able to happen on which you could be able to picture out about those probabilities which might able to happen on other projects as well.
Im not really that against with Bitcoin investment but its true on what others been saying that you would really get rich on the time that you had able to get in into those early years or to those extreme dip
or floor price on which it did able to reach out. If you have missed it out then you could still make out some investment but getting rich or getting extreme amount of profit? We cant really be so sure because
hitting up a few multipliers wouldnt really be able to make us rich.

It would really be still depending on how much you had invested or on how much you had put in and make some assumptions that it would be hitting up 10x but you have invested few thousands
then it wont be considered to be big but well its our choice.

That's why investing takes a long time, including that it could take 30 to 40 years in traditional investments, and you would be lucky to cut that in half with bitcoin, because even if you were able to have a somewhat aggressive investment strategy, such as $100 per week, that would take a whole year to get up to $5k invested, and if BTC were to 10x then you get up to $50k invested through the appreciation.. but usually profits do not come that easy, and for many people $50k might not even be enough for them to do much with it (even though $50k gives more options and surely is better than $0k).  

So if a person is investing 10% of his/her income for a year, it takes a whole 10 years in order to invest a years worth of salary, and would it be enough to have a years worth of salary?  and if the investment were to go up 10x, then that would mean that in 10 years, you have invested 1 year's salary and you have 10 years' salary worth of value, so you are nearly half way to fuck you status, since many folks would suggest you need between 20 to 30 years of your expected annual cost of living in order to really be in entry level fuck you status.. which also is going to vary from person to person, but also there would be some kind of a need that the investments are holding their value and growing in the ballpark of 4% or more per year, so that you would there after be able to live off of your investments....

So, yes, it can take a long time, and merely investing $1k and getting to $10k is probably not enough.. even though that amount also gives more options and it is better to have $10k in your investment portfolio rather than having $0k in your investment portfolio, so there continues to be needs to build your investment portfolio without putting the principle at risk...and or to be careful regarding how much risk that is getting placed on the principle that hopefully continues to build and build and build and to grow and grow and grow...

[Sayeds56]

To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Absolutely, gaining knowledge and learning skills of utilizing various strategies is crucial to become a successful investor. Adequate education and through research provide the foundation for developing plans of investments in different vehicles, such as stocks, real estate and crypto currencies, and understand their characteristics, potential returns and associated risks. Without proper knowledge and understanding the risks involved, individuals are likely to make impulsive decisions or fall for scams.

[armanda90]

Correct. Indeed, the majority of investors and traders often have misunderstandings about investing. They often think that they can easily become successful investing in bitcoins and other assets without learning about it and also don't understand the risks and hard work involved. Many investors lose money due to lack of knowledge and understanding of what they are investing in and the financial markets. Investments do not guarantee wealth, and only a small percentage of investors consistently make money. To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Its happening when first time investing in Bitcoin or altcoin about their mindset will be rich, but after have much experienced they will understand about investing doesn't guarantee to be rich. But with investing has bigger chance to earn profit although not guarantee to be rich but we have chance to get much profit trough investing. Its not about investing in cryptocurrency only doesn't guarantee to be rich but many kinds of business can't guarantee to earn profit. Be smart when investing money in cryptocurrency and we need have knowledge to research which right time for investing, indeed can't be rich with investing earn profit consistent its most important when trading assets in cryptocurrency.

We need change people mindset when investing actually in cryptocurrency, there are not guarantee to be rich and always earn much profit but for new investor have to understand risk when investing in bitcoin or altcoin.

[Kimonoe]

To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Absolutely, gaining knowledge and learning skills of utilizing various strategies is crucial to become a successful investor. Adequate education and through research provide the foundation for developing plans of investments in different vehicles, such as stocks, real estate and crypto currencies, and understand their characteristics, potential returns and associated risks. Without proper knowledge and understanding the risks involved, individuals are likely to make impulsive decisions or fall for scams.

knowledge is something that must be understood by an investor, especially for new investors, of course they have to seek as much knowledge as possible in order to understand the risks and rewards in accordance with the fields to be invested, because these various fields have different characteristics related to risks and rewards. just like we invest in crypto and real estate, of course both have their own advantages and disadvantages. after that we can determine which is the best for us to invest

[Dr.Osh]

To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Absolutely, gaining knowledge and learning skills of utilizing various strategies is crucial to become a successful investor. Adequate education and through research provide the foundation for developing plans of investments in different vehicles, such as stocks, real estate and crypto currencies, and understand their characteristics, potential returns and associated risks. Without proper knowledge and understanding the risks involved, individuals are likely to make impulsive decisions or fall for scams.

knowledge seems to be the main foundation in this case. we know that many new investors who are just learning to invest for example in crypto, invest randomly just because the price of the coin is low, and the team always promises a high percentage of the coins they have, and finally the investors are influenced, and invest in scam coins the. this is an example of when investing can make you poor.
However, the key to minimizing these risks is to continue to do research and increase knowledge on investing. Patience is also an important key in investing because we cannot see a good investment developing in 1 day. sometimes it takes months or years.

[Inwestour]

Its happening when first time investing in Bitcoin or altcoin about their mindset will be rich, but after have much experienced they will understand about investing doesn't guarantee to be rich. But with investing has bigger chance to earn profit although not guarantee to be rich but we have chance to get much profit trough investing. Its not about investing in cryptocurrency only doesn't guarantee to be rich but many kinds of business can't guarantee to earn profit. Be smart when investing money in cryptocurrency and we need have knowledge to research which right time for investing, indeed can't be rich with investing earn profit consistent its most important when trading assets in cryptocurrency.

We need change people mindset when investing actually in cryptocurrency, there are not guarantee to be rich and always earn much profit but for new investor have to understand risk when investing in bitcoin or altcoin.

I think that now is the time of great opportunities, when I see how everyone can start their own YouTube channel, or become a blogger and earn good money from it, even a schoolboy does it well, then long-term investment plans against this background do not look very exciting.

But on the other hand, not everyone will be able to create a successful channel, or become a blogger, and long-term investment is suitable for such people. Everyone determines his own path for himself, someone wants to achieve everything quickly, and someone is ready to go to his goal for a long time, but at the same time I don’t think that any of these paths are right, and some are false, just everyone will choose the path that suits him best.

[cryptodude]

Investing is a highly recognized method for growing wealth over time. But it never guarantees instant profit. Although investing has the potential to generate investment returns but the market is naturally highly volatile and subject to other risks. Investment success depends on economic conditions market performance and investor's own decision making ability. Many investors may make substantial profits and other investors may suffer losses. An investor's calculated investment efforts often carry inherent uncertainty, so investing never guarantees getting rich.

[RewFrew]

I think there has no short cut way to rich. If anyone think i will invest on crypto currency and i will be rich within short time, i think that will be your wrong thinking. Cryptocurrency always give you profit it is not true some times it will go your Against. If anyone hold bitcoin or another good coin today or tomorrow profit. But always you think investing has no guarantee.

[Falconer]

I think there has no short cut way to rich. If anyone think i will invest on crypto currency and i will be rich within short time, i think that will be your wrong thinking.

It's possible to get rich in a short amount of time on crypto investments, but not everyone will be that lucky. So the mindset of getting rich overnight for crypto investing is not a realistic target for any investor, but they need to be patient enough to wait for the return on their investment to really be as expected.

In crypto, you can still expect to get 3x - 4x returns on your investment in 1 - 2 years, but of course you definitely have to know exactly when to get in and when to get out. Bitcoin allows you to earn that kind of return and if you compare it to the potential return of other physical investment assets then I believe those large returns are relatively more likely with bitcoin over a shorter time frame.

[Casdinyard]

I don't think this makes sense lmao. The fact of the matter is that you took up investing under the notion that this will give you the comfortability in life that you so desire. And it's not just hearsay too cause the industry had a history of providing millions of people this comfortability, so I don't understand where "investing isn't going to guarantee you to be rich" is coming from. I mean of course if you don't take this seriously and just frolic around while the rest of us are busy busting our balls in the ringer, you'd never find success in the investing world, but gathering knowledge, experience, and exerting effort (which you should've done in the first place) will almost always give you that opportunity, and I get that there's a margin of risk in investing but if you managed to gauge how far you can go it's almost always success for you.

[carlfebz2]

I think there has no short cut way to rich. If anyone think i will invest on crypto currency and i will be rich within short time, i think that will be your wrong thinking. Cryptocurrency always give you profit it is not true some times it will go your Against. If anyone hold bitcoin or another good coin today or tomorrow profit. But always you think investing has no guarantee.

You got it right!

Everything would really come from hard work and wise decisions that would be make and also making up investment doesnt mean that you would get rich but having these things would really be giving out that kind of opportunity for you to make yourself that having the chance on getting rich but of course if this one turns out to be positive because if not then it does means you have failed.There are lots of factors on which
you should really be mainly thinking for you to go with the right path of investment and not just really that be that contented that you had invested but didnt make some further steps.

If you are that projecting yourself to be a successful person in the future then you should act now and would really be wise on every decisions you would be making.
It would really be still that a long journey for you to take and not really that something that so simple.It would really be that tough and very challenging considering that
everything would really comes in your way.

[cozytrade]

I think there has no short cut way to rich. If anyone think i will invest on crypto currency and i will be rich within short time, i think that will be your wrong thinking. Cryptocurrency always give you profit it is not true some times it will go your Against. If anyone hold bitcoin or another good coin today or tomorrow profit. But always you think investing has no guarantee.

If someone invests in Bitcoin or other coins to get rich in a very short period of time but I don't see any hope of getting rich. There is a risk of losing money just as there is a chance of profit after investment so we accept them.  We have to invest. Those who invest with these thoughts will face big problems at some point. We have to take the right decision by excluding these thoughts.

Investing is a highly recognized method for growing wealth over time. But it never guarantees instant profit. Although investing has the potential to generate investment returns but the market is naturally highly volatile and subject to other risks. Investment success depends on economic conditions market performance and investor's own decision making ability. Many investors may make substantial profits and other investors may suffer losses. An investor's calculated investment efforts often carry inherent uncertainty, so investing never guarantees getting rich.

After investing you can never say for sure whether there will be profit or loss. It will completely depend on the market. But those who are professional traders will invest by looking at the market condition. The right time to invest should be by looking at the coins, otherwise there will be no profit. Chances of loss will be high. I think if we take a little caution then we will not be successful in trading otherwise we will never be successful in trading.

[Ever-young]

It is true that investing does not guarantee a person will be rich. But with a strong desire, adequate knowledge, good rules, wise risk management, organized planning, and self-belief, we can increase our chances of success and become rich in investing.

With all this stated, it's proven that it might increase the chance of one getting richer when it comes to investment profit, but someone who is still getting his or her hand on investment for the first time and have a very little fund to start with, won't really be lift out of poverty in that hurry because they invested wisely, it will cost them extra thing for them to become wealthy and that extra means patient while making the right investment decision one also need to be patient so that they could enjoy their investment in a long run.

[TheGhostMan]

The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.

           yes and no, it is true that investing does not exactly guarantee wealth, but that does not mean that said wealth cannot be achieved, I believe that this objective can be achieved whenever you feel like it, well informed, using solid strategies, managing the risks sensibly, planning carefully and trusting in our capabilities. It is more than clear that the path to our goals is not straight or fast, there will always be difficult days as well as beautiful days.
as long as we stay on track, set clear guidelines, and stick to a well-organized plan. Diversifying our investments and practicing prudent risk management when making an investment can protect us from potential loss. Another aspect that should be taken into account is to always be positive and not give up, managing to detect opportunities where others see obstacles... everything is in the person and it is their desire to get ahead.

[ginsan]

Just try to look around and try to analyze on what are the things that was able to happen on which you could be able to picture out about those probabilities which might able to happen on other projects as well.
Im not really that against with Bitcoin investment but its true on what others been saying that you would really get rich on the time that you had able to get in into those early years or to those extreme dip
or floor price on which it did able to reach out. If you have missed it out then you could still make out some investment but getting rich or getting extreme amount of profit? We cant really be so sure because
hitting up a few multipliers wouldnt really be able to make us rich.

It would really be still depending on how much you had invested or on how much you had put in and make some assumptions that it would be hitting up 10x but you have invested few thousands
then it wont be considered to be big but well its our choice.

On the other hand I am also considering all aspects of probabilities from other projects but I am already very pumped up on the run with an investment Bitcoin that I think will give a bigger ROI in my long term calculations. It does measure how much value we invest of course it's not a big size because we apply gradually from week to week to accumulate more BTC. Apart from that, sometimes people feel pessimistic because the price level of Bitcoin is already quite expensive with the small investment they are making, but they don't see it in the long term. Now to reach the goal of becoming rich or getting a bigger multiplier, of course we need stronger patience in investing in Bitcoin because it is driven by the small capital we have.

Well other than that we most likely have a chance to hit a bigger multiplier when we already have some BTC in the portfolio so that way opens up the opportunity to make a big profit and if in OP terms we have a chance to get rich in investment Bitcoin.

[nur rochid]

Just try to look around and try to analyze on what are the things that was able to happen on which you could be able to picture out about those probabilities which might able to happen on other projects as well.
Im not really that against with Bitcoin investment but its true on what others been saying that you would really get rich on the time that you had able to get in into those early years or to those extreme dip
or floor price on which it did able to reach out. If you have missed it out then you could still make out some investment but getting rich or getting extreme amount of profit? We cant really be so sure because
hitting up a few multipliers wouldnt really be able to make us rich.

It would really be still depending on how much you had invested or on how much you had put in and make some assumptions that it would be hitting up 10x but you have invested few thousands
then it wont be considered to be big but well its our choice.

On the other hand I am also considering all aspects of probabilities from other projects but I am already very pumped up on the run with an investment Bitcoin that I think will give a bigger ROI in my long term calculations. It does measure how much value we invest of course it's not a big size because we apply gradually from week to week to accumulate more BTC. Apart from that, sometimes people feel pessimistic because the price level of Bitcoin is already quite expensive with the small investment they are making, but they don't see it in the long term. Now to reach the goal of becoming rich or getting a bigger multiplier, of course we need stronger patience in investing in Bitcoin because it is driven by the small capital we have.

Well other than that we most likely have a chance to hit a bigger multiplier when we already have some BTC in the portfolio so that way opens up the opportunity to make a big profit and if in OP terms we have a chance to get rich in investment Bitcoin.

bitcoin will indeed double our money if we invest in it, but what needs to be underlined is the capital used to invest in bitcoin. if we currently invest and we hold onto it until the bitcoin reaches $100k, that's 3x its current price, and our bankroll increases 3x. with a small capital, I don't think it's enough to make us rich, but it's better than the increase in inflation every year. it's different if we choose a coin that can increase thousands of times, maybe it can make us suddenly rich, but we also have to understand the risks. therefore the amount of capital is very decisive to get a large nominal on bitcoin investment, and one more thing, it's not easy to invest in bitcoin if we don't know it so we can anticipate the bad possibilities that could happen

[RockBell]

Correct. Indeed, the majority of investors and traders often have misunderstandings about investing. They often think that they can easily become successful investing in bitcoins and other assets without learning about it and also don't understand the risks and hard work involved. Many investors lose money due to lack of knowledge and understanding of what they are investing in and the financial markets. Investments do not guarantee wealth, and only a small percentage of investors consistently make money. To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Investing involves a lot of principles and creativity, that's what all successful people will tell you that it involves a lot of secret even from the books, I remembered when elon musk said how he met with a lot of  people just to gather enough data o noticed something with elon, he built his success with peoples idea, and its working for him take a look at tesla, the foundation and what make tesla different from other car is just information, the brain to process information, even the auto drive, use sensor to detect whats around it, and information is power even you want to be an investor you must learn to deal with challegis like failure which his something anyone can avoid, and lastly investing does not guarantee you been rich that just the whole point.

[ItsCrafty]

Correct. Indeed, the majority of investors and traders often have misunderstandings about investing. They often think that they can easily become successful investing in bitcoins and other assets without learning about it and also don't understand the risks and hard work involved. Many investors lose money due to lack of knowledge and understanding of what they are investing in and the financial markets. Investments do not guarantee wealth, and only a small percentage of investors consistently make money. To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Yes I agree with your point of view. One of the main investing techniques that can make you rich is diversification. This means spreading out your investments across different sectors to reduce the overall risk. This approach will ensure that you minimise the impact of potential losses. That’s because successful investing requires a long-term perspective, as markets sometimes fluctuate in the short term. But if it is said, according to advice, that there are many other means of trading along with BTC that give you a good profit, And last, investing in assets with long-term growth potential, like stocks or real estate, can also help you accumulate wealth. But for this purpose,you have to do a lot of work.

[johnsaributua]

Investment consider a way of business that should be underlined with investment certainly involves cold money obtained from unused money for primary needs or even from private cash or for not too emergency needs, consider the Bitcoin trend makes people interested in trading spots (only saving on a wallet) can get a difference in pair with fiat currency in each country, trading is very influential from the supply and demand of people who focus on the real world and then go to Bitcoin without his knowledge bearish coming and dredge a few % of Assets will certainly panic to sell then the person will feel devastated by what is experienced, his capital will feel up, daily or monthly (fixed income) efforts will be reduced only by storing, of course if the reverse will feel that work for months can be obtained With a matter of hours or days of course this is what makes the interest of holders or traders to try to buy Bitcoin for both short or long periods for side benefits.

But if stacking on several platforms,
Many Savings and Loan Revenue offers to start investing because of the time and interest tenors generated by a CEX or Dex, there is no guarantee of security wherever there is still a risk of wanting to be small or big more and more CEX or dex according to the character of people with many choices to make The easier it is even easier to carry out promotions from the start for new users in the form of Fiat or Cryptocurency

Indeed, investment does not become rich with instant or without intelligent work, but investment will be controlled with some that you mentioned, even if you remain silent and do not produce anything, at least you can turn back money wisely to support interest or savings profits or profits savings or the routine outlet that we invest.

There is a chance that there is a chance, profit has a chance.

[Lorence.xD]

Correct. Indeed, the majority of investors and traders often have misunderstandings about investing. They often think that they can easily become successful investing in bitcoins and other assets without learning about it and also don't understand the risks and hard work involved. Many investors lose money due to lack of knowledge and understanding of what they are investing in and the financial markets. Investments do not guarantee wealth, and only a small percentage of investors consistently make money. To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Investing involves a lot of principles and creativity, that's what all successful people will tell you that it involves a lot of secret even from the books, I remembered when elon musk said how he met with a lot of  people just to gather enough data o noticed something with elon, he built his success with peoples idea, and its working for him take a look at tesla, the foundation and what make tesla different from other car is just information, the brain to process information, even the auto drive, use sensor to detect whats around it, and information is power even you want to be an investor you must learn to deal with challegis like failure which his something anyone can avoid, and lastly investing does not guarantee you been rich that just the whole point.

One key to success is surround yourself with people who also have the same target in life. Because not only you guys share the same hobby, optimism but also the ideas that people gather to them to be knowledgeable to this industry. It's more like a brain storming in a specific topic. Even if you say investing to a group of people, they would have a different first thought that comes to their mind like business, crypto, banks and etc. That's why it would be good too if you attend seminars especially to seminars to a known investors such as Elon Musk since they are already expert at handling money. Trust your process, you might already taking the path that's gonna build your name to a sucess.

[Fivestar4everMVP]

Correct. Indeed, the majority of investors and traders often have misunderstandings about investing. They often think that they can easily become successful investing in bitcoins and other assets without learning about it and also don't understand the risks and hard work involved. Many investors lose money due to lack of knowledge and understanding of what they are investing in and the financial markets. Investments do not guarantee wealth, and only a small percentage of investors consistently make money. To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Yes I agree with your point of view. One of the main investing techniques that can make you rich is diversification. This means spreading out your investments across different sectors to reduce the overall risk. This approach will ensure that you minimise the impact of potential losses. That’s because successful investing requires a long-term perspective, as markets sometimes fluctuate in the short term. But if it is said, according to advice, that there are many other means of trading along with BTC that give you a good profit, And last, investing in assets with long-term growth potential, like stocks or real estate, can also help you accumulate wealth. But for this purpose,you have to do a lot of work.

Have to agree with you, and also, the op really pointed out some really good factors..
Becoming rich is not all about desiring to be one, first, the desire plays an important role cus its like the foundation of the whole process, the desire is supposed to be the drive, the motivator to do that which will ultimately lead to the achieving that which is desired..

But then, it's rather unfortunate that today, the streets are filled with young men and women who desire to be rich, but have refused to allow that desire drive their motivation, they rather lazy about and hope one day, they become rich by accident.

[Vinaa77]

Absolutely, gaining knowledge and learning skills of utilizing various strategies is crucial to become a successful investor. Adequate education and through research provide the foundation for developing plans of investments in different vehicles, such as stocks, real estate and crypto currencies, and understand their characteristics, potential returns and associated risks. Without proper knowledge and understanding the risks involved, individuals are likely to make impulsive decisions or fall for scams.

This strategy is important and plays a full role in terms of their success in moving in Cryptocurrency, apart from this strategy we also see skills and knowledge will also move hand in hand in setting the strategy, and to be honest most of those who succeed in staying in crypto fully pay attention to this factor, and because this is also associated with risks for them, and we think this is one of the keys that will lead them to success in the crypto field.

[Dr.Bitcoin_Strange]

I think there has no short cut way to rich. If anyone think i will invest on crypto currency and i will be rich within short time, i think that will be your wrong thinking. Cryptocurrency always give you profit it is not true some times it will go your Against. If anyone hold bitcoin or another good coin today or tomorrow profit. But always you think investing has no guarantee.

For Bitcoin, it's quite easy to advise someone to hold it for some years, and they will likely earn some profit, although that doesn't mean they will be rich. But when you generalise it to cryptocurrency, there are a lot of altcoins out there; the majority are shitcoins, and a few are trying their best, but having to hold Altcoins for some years may not even guarantee any profit at all. For example, I have a token in my wallet that has been sitting there for years; in fact, there is no trading volume for that token on the exchange where it's traded. I believe the project is just dead, and that is what keeps going on with altcoins: you are never guaranteed anything; just believe in luck.

[WyscoWest]

I get where you're coming from when it comes to altcoin risk. Sure, holding Bitcoin for the long haul might yield some profit, but when it comes to the wide world of altcoins, it's a whole different story. You've got your fair share of shitcoins out there, and only a few are actually worth a second look. From my personal experience—holding altcoins for years doesn't always guarantee any profit. Many in my wallet have been ded for ages. Humbly imo it's all a game of luck even when use case or potential adoption are highly viable.

I think there has no short cut way to rich. If anyone think i will invest on crypto currency and i will be rich within short time, i think that will be your wrong thinking. Cryptocurrency always give you profit it is not true some times it will go your Against. If anyone hold bitcoin or another good coin today or tomorrow profit. But always you think investing has no guarantee.

For Bitcoin, it's quite easy to advise someone to hold it for some years, and they will likely earn some profit, although that doesn't mean they will be rich. But when you generalise it to cryptocurrency, there are a lot of altcoins out there; the majority are shitcoins, and a few are trying their best, but having to hold Altcoins for some years may not even guarantee any profit at all. For example, I have a token in my wallet that has been sitting there for years; in fact, there is no trading volume for that token on the exchange where it's traded. I believe the project is just dead, and that is what keeps going on with altcoins: you are never guaranteed anything; just believe in luck.

[johnsaributua]

I get where you're coming from when it comes to altcoin risk. Sure, holding Bitcoin for the long haul might yield some profit, but when it comes to the wide world of altcoins, it's a whole different story. You've got your fair share of shitcoins out there, and only a few are actually worth a second look. From my personal experience—holding altcoins for years doesn't always guarantee any profit. Many in my wallet have been ded for ages. Humbly imo it's all a game of luck even when use case or potential adoption are highly viable.

I think there has no short cut way to rich. If anyone think i will invest on crypto currency and i will be rich within short time, i think that will be your wrong thinking. Cryptocurrency always give you profit it is not true some times it will go your Against. If anyone hold bitcoin or another good coin today or tomorrow profit. But always you think investing has no guarantee.

For Bitcoin, it's quite easy to advise someone to hold it for some years, and they will likely earn some profit, although that doesn't mean they will be rich. But when you generalise it to cryptocurrency, there are a lot of altcoins out there; the majority are shitcoins, and a few are trying their best, but having to hold Altcoins for some years may not even guarantee any profit at all. For example, I have a token in my wallet that has been sitting there for years; in fact, there is no trading volume for that token on the exchange where it's traded. I believe the project is just dead, and that is what keeps going on with altcoins: you are never guaranteed anything; just believe in luck.

if bitcoin could have been bearish from ATH 2 years ago which reached a very high price and last year sad things went down almost to the crust, what was stunning could turn into disaster, it's not really dregs this year there has been a rise from a dump that's been quite a long time. but it's quite felt In my opinion, for small holders who only rely on airdrops and GA or events, I realize that 50% of the exchange rate is lost.

indeed the density of bitcoin queues that make bitcoin still maintain tens of thousands of dollars is still strong trust.

I think there are a lot of sudden altcoins every day that are listed on several cex or dex, the strength of the community is that if you sell almost 80% of the circulation held, the holder will move to another project to absorb profits. will disappear in an uncertain time, the main point is to follow the fluctuations and trends of bitcoin, if bitcoin is that important for the growth of other cryptos, of course I personally prefer bitcoin even though it can be adjusted as needed

[Fatunad]

I think there has no short cut way to rich. If anyone think i will invest on crypto currency and i will be rich within short time, i think that will be your wrong thinking. Cryptocurrency always give you profit it is not true some times it will go your Against. If anyone hold bitcoin or another good coin today or tomorrow profit. But always you think investing has no guarantee.

For Bitcoin, it's quite easy to advise someone to hold it for some years, and they will likely earn some profit, although that doesn't mean they will be rich. But when you generalise it to cryptocurrency, there are a lot of altcoins out there; the majority are shitcoins, and a few are trying their best, but having to hold Altcoins for some years may not even guarantee any profit at all. For example, I have a token in my wallet that has been sitting there for years; in fact, there is no trading volume for that token on the exchange where it's traded. I believe the project is just dead, and that is what keeps going on with altcoins: you are never guaranteed anything; just believe in luck.

When you do introduce Bitcoin or crypto into someone then its always been ideal that you shouldnt really make out those kind of assurance when it comes to profit making because on the time that the market would really
be going down then you are the ones who would really get sued out on what happened. This is why it would be better that you should really be telling about realistic things and dont really go always on the positive side of things. Investing is always that recommendable but its true that being rich or getting into this point would really vary on some factors which it would be pertaining on how much you had invested and on how low
you do able to get or buy in because profits is something that would really be determined with these criterias on which it is really that important that you do know and been wary about this.

We are really that finding ways or methods on how we do able to reach out that state on being financially free but of course you should really be that realistic on what are the things that should be done on the first place.
Investing doesnt guarantee on making you rich but does give  the chance for you to be able to hit up that kind of goal and this is why its better not to make yourself that easily give up
whenever you do face up failures or mistakes or errors.

[JayJuanGee]

Correct. Indeed, the majority of investors and traders often have misunderstandings about investing. They often think that they can easily become successful investing in bitcoins and other assets without learning about it and also don't understand the risks and hard work involved. Many investors lose money due to lack of knowledge and understanding of what they are investing in and the financial markets. Investments do not guarantee wealth, and only a small percentage of investors consistently make money. To achieve success in an investment career, it is important to get a good education and research, create a measured, disciplined and patient investment plan, manage risks wisely, keep learning and adapting.

Yes I agree with your point of view. One of the main investing techniques that can make you rich is diversification. This means spreading out your investments across different sectors to reduce the overall risk.

That's not true.

Diversification is a wealth preservation technique, not a wealth creation technique.

It is likely that if you are starting out without having a lot of resources, then it is better to NOT diversify, even though surely it can take a long time to build wealth to such an extent that it starts to make sense to diversify... and people will arrive at those decisions about how much and when to diversify at different times, but surely diversification is meant to protect your investment rather than growing your investment - even though it is possible that you could have some portions of your investment that are more directed at growth, and then other areas of your investment that are more likely to conserve value.

The devil is in the details regarding how much and/or when to branch out... 

This approach will ensure that you minimise the impact of potential losses. That’s because successful investing requires a long-term perspective, as markets sometimes fluctuate in the short term.

Ok.. at first you were talking about building wealth, and now you are talking about preserving wealth... ..

But if it is said, according to advice, that there are many other means of trading along with BTC that give you a good profit,

For sure trading is another story that brings risk and needs to learn, so there is no way to determine whether it would be a good idea to fuck around with trading or gambling and act like you are investing.. when trading and gambling are not really needed for investing.. even if you might choose to play around with some parts of your investment portfolio with trading or even selling on the way up and buying on the way down, and perhaps you are not gambling with those kinds of techniques, but generally it is not a good idea to sell merely to buy back later at a lower price if you don't really know if you might be selling too much too soon, and you may well be better off just ongoingly buying rather than selling, especially if you have a good investment like bitcoin, then you may really screw up a potentially good investment, merely because you had been getting greedy to try to make more and then you end up selling too much too soon.. and it keeps going up beyond levels that you had anticipated to be possible or likely.

And last, investing in assets with long-term growth potential, like stocks or real estate, can also help you accumulate wealth. But for this purpose, you have to do a lot of work.

Perhaps.  Depends on how you do it.  Some people choose to invest in index funds...or maybe they choose to live in a house and to treat that as an investment, such as buying a house that has 4 units (four-plex, so that they might live in 1 of the units and rent out the other 3, which may or may not be a lot of work, depending on how they set it up. 

Of course here, one of our favorite topics is bitcoin, so I would think that anyone should be starting out with bitcoin and then figuring out ways to supplement into other assets, but surely some people come to bitcoin as a new investment, and they had already been investing in other assets, so they come to bitcoin in a way that they are adding bitcoin into an already established portfolio, and surely those kinds of people have more options than a brand new investor who doesn't have very many investments and is trying to figure out where to start... which probably bitcoin would be a good place to start. and as they build more wealth, the way that they build will inform the extent to which they believe that it is good to diversify and if so into what and how much.

[Dr.Osh]

Absolutely, gaining knowledge and learning skills of utilizing various strategies is crucial to become a successful investor. Adequate education and through research provide the foundation for developing plans of investments in different vehicles, such as stocks, real estate and crypto currencies, and understand their characteristics, potential returns and associated risks. Without proper knowledge and understanding the risks involved, individuals are likely to make impulsive decisions or fall for scams.

This strategy is important and plays a full role in terms of their success in moving in Cryptocurrency, apart from this strategy we also see skills and knowledge will also move hand in hand in setting the strategy, and to be honest most of those who succeed in staying in crypto fully pay attention to this factor, and because this is also associated with risks for them, and we think this is one of the keys that will lead them to success in the crypto field.

the most important thing in investing is that we know what we are investing. so, this can minimize the risks that we can get in the future. Even though investment does not guarantee that we will become rich, it will open our horizons about new things and experiences. very many people who are successful in this field because they continue to learn. we can't expect 1 investment will make us rich, so try to find potential investment places that can make us have a lot of money.

[fruktik]

Have to agree with you, and also, the op really pointed out some really good factors..
Becoming rich is not all about desiring to be one, first, the desire plays an important role cus its like the foundation of the whole process, the desire is supposed to be the drive, the motivator to do that which will ultimately lead to the achieving that which is desired..

But then, it's rather unfortunate that today, the streets are filled with young men and women who desire to be rich, but have refused to allow that desire drive their motivation, they rather lazy about and hope one day, they become rich by accident.

        Most of these people. They really believe that one day wealth will fall on them and at the same time they will not lift a finger on a finger. Why is there such a discussion? To be honest, it remains a mystery to me.
        Naturally, there must be an incredibly strong motivation to go towards the goal of becoming a wealthy person. Without this condition, nothing will come of it. It takes a daily effort, not once a year.

[avp2306]

Have to agree with you, and also, the op really pointed out some really good factors..
Becoming rich is not all about desiring to be one, first, the desire plays an important role cus its like the foundation of the whole process, the desire is supposed to be the drive, the motivator to do that which will ultimately lead to the achieving that which is desired..

But then, it's rather unfortunate that today, the streets are filled with young men and women who desire to be rich, but have refused to allow that desire drive their motivation, they rather lazy about and hope one day, they become rich by accident.

        Most of these people. They really believe that one day wealth will fall on them and at the same time they will not lift a finger on a finger. Why is there such a discussion? To be honest, it remains a mystery to me.
        Naturally, there must be an incredibly strong motivation to go towards the goal of becoming a wealthy person. Without this condition, nothing will come of it. It takes a daily effort, not once a year.

Crazy thinking that something might happen to them even if they don't do anything. This is losers mindset since they don't even take some action to achieve what they want to do.

Although some of them afraid to get a big failure in life but they should understand that its all part of the process. If they will not experience a hard way, they will will not taste the sweetness of success.

This is also the reason why lazy person got scam because they think that there's miracle that might came to them and can give them forever passive earnings.

[SmartGold01]

That's not true.

Diversification is a wealth preservation technique, not a wealth creation technique.

It is likely that if you are starting out without having a lot of resources, then it is better to NOT diversify, even though surely it can take a long time to build wealth to such an extent that it starts to make sense to diversify... and people will arrive at those decisions about how much and when to diversify at different times, but surely diversification is meant to protect your investment rather than growing your investment - even though it is possible that you could have some portions of your investment that are more directed at growth, and then other areas of your investment that are more likely to conserve value.

I really love your clear expression about what he said..
Like I often sees people always saying diversification is means of wealth creation sometimes I came to the sense that how would it automatically create wealth for such person alternatively I looked at it on the other angle that if someone invested in a very trusted and reliable business and it runs for about 1 years to 20 years also considering the age of the investor it then automatically turns out to be a wealth creation depending on the shares of which him or she maybe they are holding in that firm or industry. If such business happens to make huge profits and increased dynamically due to how such firm and business is being managed then we can say it's sure to be a wealth create, typically example are Amazon, Apple, Samsung and Google, Microsoft.

I believe those who supported their dreams and make investment earlier owned a share, they would sure know and understand such investment is truly a wealth creation considering the net worth of these companies today and their Global dominance. Anyone who own a shares however have it in their mind they must need to diversify their investments rather to choose the right investment to invest. Taking from your words, I can really be sure as preservations of investment instead of diversification.

Then from the post title, investment somethings guaranteed their success it depends on what form of investment they have chosen because investing in a non profitable company may either sink their investment and kills their dreams on how they had structured their investment and their life cycling, life cycling I mean is about their age variation and differences if they are within the age of 55 and make investment and expected to yield within the 10 years to 20 years time just as Microsoft took years to get to this points may sometimes makes the investors not to venture into such investment because they would believed that they are out of age cycling.

Which is the reason why it's always advisable for we as a young people to venture into the right investment to secure our future, and to me I have seen Bitcoin to have that exact assurance of securing one's future and its good to hold bitcoin for long time as I strongly believe it has come to stay just as other well known firms today but somehow and overly, mentally and analytically it would stay as long as we are still alive just as fiat are being used today so will bitcoin remain in existence.
Hence diversification of wealth isn't a guaranteed way of making one rich rather to chose and locate the right investment that is the only way to make one rich.