carlisle1
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May 18, 2023, 11:12:41 AM |
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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.
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Texac
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May 19, 2023, 11:37:44 PM |
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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.
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axxo
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May 20, 2023, 06:25:59 AM |
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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.
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Faisal2202
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May 20, 2023, 09:59:23 PM |
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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.
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Quidat
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May 20, 2023, 10:00:22 PM Last edit: May 20, 2023, 10:15:46 PM by Quidat |
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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. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) 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.
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crunck
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May 21, 2023, 04:52:18 AM |
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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.
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IvugeoEvolutionCoin
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May 21, 2023, 05:09:18 AM |
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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.
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Cryptmuster
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May 21, 2023, 08:13:28 AM |
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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.
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rybako
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May 21, 2023, 08:31:22 AM |
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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.
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MarjorieZimmermanGinger
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May 21, 2023, 06:26:19 PM Merited by JayJuanGee (1) |
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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.
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rhodelmabanal
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May 21, 2023, 07:43:00 PM |
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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.
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GideonGono
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May 21, 2023, 07:53:06 PM Merited by JayJuanGee (1) |
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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.
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Victorik
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May 21, 2023, 08:28:30 PM |
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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.
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Victorik
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May 21, 2023, 08:31:08 PM |
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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.
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Ojima-ojo
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May 21, 2023, 08:39:18 PM |
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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.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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ajiz138
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May 21, 2023, 08:47:50 PM |
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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.
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lalabotax
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May 21, 2023, 08:57:18 PM |
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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.
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Distinctin
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May 21, 2023, 09:50:19 PM |
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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.
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minersday
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May 21, 2023, 09:51:08 PM Merited by JayJuanGee (1) |
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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.
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wastagnn
Newbie
Offline
Activity: 35
Merit: 0
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May 27, 2023, 02:43:22 AM |
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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.
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