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Author Topic: Investing doesn't guarantee you to be rich  (Read 2364 times)
woez
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May 27, 2023, 03:19:35 AM
 #141

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.

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May 27, 2023, 07:44:42 AM
Merited by JayJuanGee (1)
 #142

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.

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May 27, 2023, 08:09:50 AM
Merited by JayJuanGee (1), woez (1)
 #143

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.

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May 27, 2023, 09:08:10 AM
 #144

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.

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May 27, 2023, 12:00:03 PM
Merited by JayJuanGee (1)
 #145

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.

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May 27, 2023, 12:31:49 PM
 #146

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.

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May 27, 2023, 12:56:21 PM
 #147

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.


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May 27, 2023, 01:28:18 PM
 #148

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.
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May 27, 2023, 05:51:30 PM
 #149

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.

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May 27, 2023, 06:30:04 PM
 #150

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.

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May 27, 2023, 06:48:53 PM
 #151

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.

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May 27, 2023, 06:54:01 PM
 #152

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.
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May 27, 2023, 07:28:30 PM
 #153

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.

 
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May 27, 2023, 08:41:42 PM
 #154

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.

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May 27, 2023, 11:05:52 PM
 #155

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.

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May 27, 2023, 11:21:34 PM
 #156

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.

 
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May 28, 2023, 01:14:25 AM
 #157

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.
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May 28, 2023, 02:22:11 AM
 #158

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.

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May 28, 2023, 10:43:18 AM
 #159

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.

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June 09, 2023, 03:31:16 AM
 #160


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

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