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Author Topic: Investing doesn't guarantee you to be rich  (Read 2314 times)
coinerer
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May 14, 2023, 04:07:25 PM
 #101

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


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May 17, 2023, 05:27:31 PM
 #102

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...

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May 17, 2023, 05:54:01 PM
 #103


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.

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May 17, 2023, 06:19:02 PM
 #104

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.


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May 17, 2023, 06:26:38 PM
 #105

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.



 

 

 

 

 

 


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May 17, 2023, 06:44:26 PM
 #106

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.

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May 17, 2023, 07:38:13 PM
 #107

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.

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May 17, 2023, 08:04:45 PM
 #108

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.

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May 17, 2023, 08:06:01 PM
 #109

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.

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May 17, 2023, 10:54:06 PM
 #110

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.

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May 17, 2023, 10:57:59 PM
Last edit: May 17, 2023, 11:14:11 PM by Oilacris
 #111

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.

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May 17, 2023, 11:49:03 PM
 #112

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.

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May 18, 2023, 06:20:55 AM
Merited by Frankolala (1)
 #113

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.

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May 18, 2023, 07:35:39 AM
 #114

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.
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May 18, 2023, 08:03:15 AM
 #115

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.

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May 18, 2023, 08:20:56 AM
Merited by JayJuanGee (1)
 #116

 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.

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May 18, 2023, 08:42:11 AM
 #117

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.

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May 18, 2023, 09:07:00 AM
 #118

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.

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May 18, 2023, 10:16:15 AM
 #119

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.

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May 18, 2023, 10:51:17 AM
 #120

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.

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