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Author Topic: Investing doesn't guarantee you to be rich  (Read 2315 times)
Reatim
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June 09, 2023, 04:05:44 AM
 #161

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

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









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June 09, 2023, 04:12:58 AM
 #162

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

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

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.
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June 09, 2023, 06:09:02 AM
 #163

Investing itself carries risks. While investments have the potential to bring returns, they can also result in losses.
Investing requires time and patience, treated with prudence and rationality. Investors should conduct sufficient research and diversify investment risks to reduce possible losses.
If we're talking about investing in the financial sector, then yes. We all need some specialized knowledge to make wiser decisions regarding our investments and the money involved.
Luck also plays a significant role in the final outcome for an investor.
Apart from Bitcoin, we can actually invest in education for the growth of our minds. By filling our minds with financial knowledge, it will be immensely beneficial in determining the direction and steps of every decision we make in Bitcoin investments.
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June 09, 2023, 06:32:11 AM
 #164

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

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.
There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.

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EarnOnVictor
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June 09, 2023, 06:52:00 AM
 #165

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

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

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.
I wish you guys are correct, but you are certainly wrong, and it is so awkward to be comparing investment with gambling/lottery. Frankly, a guarantee is not the same thing as perfect, nothing is perfect in life, but when it comes to a guarantee, a lot could be guaranteed you would even work/practice to an extent and what you thought doesn't have a guarantee will be what will be your means of livelihood.

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

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

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June 09, 2023, 07:09:22 AM
 #166

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

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.
There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.
This is partially correct, and it occurred in 2021. Many people are investing money in cryptocurrencies without adequate information. They believe that investing will make them wealthy quickly, but the results have been the contrary of what they expected. They lose a lot of money in the process. But if they just knew how Bitcoin works, I mean if they had enough knowledge of it, they would undoubtedly get wealthy with it in the future. I am convinced that Bitcoin will not return to zero due to its essential characteristic a scarcity, which is why I invested in it and will hold it until it reaches the price I desire before selling it.
barisbilgili
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June 09, 2023, 08:40:25 AM
 #167

This is partially correct, and it occurred in 2021. Many people are investing money in cryptocurrencies without adequate information. They believe that investing will make them wealthy quickly, but the results have been the contrary of what they expected. They lose a lot of money in the process. But if they just knew how Bitcoin works, I mean if they had enough knowledge of it, they would undoubtedly get wealthy with it in the future. I am convinced that Bitcoin will not return to zero due to its essential characteristic a scarcity, which is why I invested in it and will hold it until it reaches the price I desire before selling it.
that is why it is necessary to have some knowledge before starting to invest and not only in Bitcoin but all things.
many people see the success of other people who take a lot of profits in a fast time on Bitcoin so that other people flock to do it too, that's a big mistake in my opinion.
understand everything before starting to invest and then decide.

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

There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.
Bitcoin price movements move very quickly and significantly so that it is possible for anything to happen, but for people who hope to get rich in a short time I think a big mistake is precisely by doing so creating a very high risk.
if trading Bitcoin in a short time maybe someone can get rich because of its fluctuating movements, but it must also be realized that the risks that will be faced will be quite proportional to the possible profits that will be obtained.

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June 09, 2023, 09:22:26 AM
 #168

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

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

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.
yes, I also do not agree that in investment, there is a 100% guarantee to get profit. I'd rather say that the opportunity to earn is in every legit investment. After all, we don't know what will happen to the investments we invest specifically in bitcoins. we may be sure that in the future we will get a profit, but there is no 100% guarantee. for example, right now quite a lot of people are investing in bitcoin when it reaches ATH, but until now they are still getting losses. in the future the price of bitcoin will most likely rise, and it is likely that if they hold on to the bitcoins they have, they will get their profits back. however, there is no guarantee for that.
So, I think we have to keep doing research and analysis to get that opportunity close to a high percentage return, even though there's no guarantee for that.

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Smack That Ace
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June 09, 2023, 09:50:29 AM
 #169

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

and another point is? there is guarantee to be richer from what we are now but the problem is the time frame and in which we are investing.
but talking about bitcoin? lol assurance is there though it may tame some time before taking part.
There is no guarantee that investing in Bitcoin will only make you profitable. Anything can happen to your investment. But surprisingly most of us don't choose to invest in Bitcoin to get rich in a very short time. But we have to remember that getting rich by short is never a permanent solution and choosing to get rich by short is never a good outcome. And instead of choosing Bitcoin as our paying profession, we should invest in Bitcoin as well as our main profession. Because there is no guarantee of this investment. Failure to invest at the right time may result in loss of money.
This is partially correct, and it occurred in 2021. Many people are investing money in cryptocurrencies without adequate information. They believe that investing will make them wealthy quickly, but the results have been the contrary of what they expected. They lose a lot of money in the process. But if they just knew how Bitcoin works, I mean if they had enough knowledge of it, they would undoubtedly get wealthy with it in the future. I am convinced that Bitcoin will not return to zero due to its essential characteristic a scarcity, which is why I invested in it and will hold it until it reaches the price I desire before selling it.
Scarcity is not the main factor determining the future of bitcoin. Even if bitcoin becomes more scarce, it will become useless and worthless if there is no demand for it. There are many factors to judge the future of bitcoin. Bitcoin is a technology asset, and if compared to traditional assets, it is far superior, but technology is always evolving, not stopping. So it is entirely possible that something superior to bitcoin will be created. The future is unpredictable. In short, investing in bitcoin or any other asset is risky, and no investment offers high returns without risk.

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June 09, 2023, 10:27:51 AM
 #170


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


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


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June 09, 2023, 10:36:36 AM
 #171

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

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June 09, 2023, 12:22:12 PM
Merited by JayJuanGee (1)
 #172

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

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

Anything in the world, lottery, investment,or inheritance, doesn't 100% guarantee you'll be rich because that has a ton of factors that will make you fail or not succeed; it's just that you have a chance, even 1%, to get rich because of those, and that's the problem if you won't be grabbing that 1% to get rich. Those people who got rich right now, for sure, had their chance to get rich, which they grabbed and got lucky to succeed in life. Even investing in bitcoin doesn't guarantee it because of its volatility, but you have a chance to earn tons of profit after a few years.
Conversely, investment teaches us how to manage finances, allocating some funds for long-term growth. It is undeniable that the purpose of investing is to cultivate wealth within a certain period of time. It's just that, this type of investment doesn't really guarantee anything when it's on the market. Sometimes profitable and vice versa, not fully profitable but fully taught to always know what to invest. In general, investment for many people is considered profitable, and even then for those who see the results of the process. However, in terms of the investment process, many of us fail because we are impatient, don't know the types of assets and their benefits, lack principles, are not committed to ourselves and what is most often encountered is not using cold money. People who are successful in their investments always have stable finances in terms of sufficient income and expenses so that they can freely choose the type of investment according to their goals.

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June 09, 2023, 04:59:12 PM
 #173


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


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



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

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

It's always the best to work with your good understanding and try to work in earning decent benefits.
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June 10, 2023, 01:28:05 PM
Merited by JayJuanGee (1)
 #174

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

Investing our money is no guarantee to make us rich, I agree with that, but in my opinion it's the best option we have to try and get rich. There isn't many alternatives we can do with our money. The first approach would be to spend it all and not carry about our financial futures. This is the worst possible attitude and will never get us out of poverty. We could buy new clothes every month, buy the newest smart phone every year, go out to eat in restaurants multiple times a week, and so on. It's easy to spend all our money and don't save for the future. The second approach would be to save money regularly, but don't care about in what form we are saving. Leaving all our money in a savings account at the bank is the worst form of saving. We will never become rich this way, as the inflation will take away all the value of our money over time. The interest rate the bank bank offers us is below the inflation rate, we need to invest our money to make higher returns. Our last and only option is really to use our money and invest it in more promising opportunities. Better to invest and lose some money along the way, than to never invest our money at all and make no real returns.
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June 10, 2023, 02:12:16 PM
 #175

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

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

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

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June 10, 2023, 02:15:45 PM
Merited by JayJuanGee (1)
 #176

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

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

So the question is how can we make our investing career to become successful? These are the steps that I personally formed and I think it can help you in some ways.
Investments cannot be made if someone does not understand what they want to invest and there are many risks that occur when people make investments without knowledge. But one also needs to take risks to get involved in investing because if one is not willing to take risks then the crypto/bitcoin space is not the place. Volatility is a basis that will cause people to engage in panic and most people are not ready for this, so they try to react in a bear market by trying to cut losses on their investments.

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

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June 10, 2023, 02:32:05 PM
Merited by JayJuanGee (1)
 #177

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

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


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

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June 10, 2023, 02:39:29 PM
 #178

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

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

Investments actually don't require Bitcoin, gold or a part of the place where they save will get results in the form of profits, of course those who live understand about investing, we think they already know how to manage it, they won't save at a fixed value from time to time time, and actually while it's still profitable to invest there is nothing wrong. However, we see a bigger advantage in Bitcoin.
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June 10, 2023, 03:14:42 PM
 #179

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

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

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

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

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fredericktaylor
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June 11, 2023, 11:56:21 AM
 #180

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

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