Investing doesn't guarantee you to be rich

[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.

[1714678041]

1714678041

[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.