Investing doesn't guarantee you to be rich

[DaNNy001]

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.

Well for it pretty simple, before ever you would even think of investment your money on anything, you would first gain ground on the knowledge of what you are about to put your hands into. I will take myself for example I have heard about bitcoin and all the benefits that follows it especially it used as an investment means but that didn't move me at all to throw my money in it so suddenly. It was not until I have properly understood the whole logic that follows a bitcoin investment and most important the capital was now available and it was three quarter of my income so I won't get affected anyway by investment that I took the step to this investment. And just like @lovemayfamilies, investment money should be somehow money which we can forget after we have invested it and I agree to this notion because you can't make an investment and you steadily panic about the investment when slight changes happens in the market.

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[Mr. Magkaisa]

    -  Not all people want to get rich, because others are just in the right situation or condition in life and they are happy, the kind who are not poor and not rich but do not experience hunger every time and there is contentment that is called for.

Although, I agree with what you mentioned, it's just like desire, we can't achieve something if we don't feel the desire, that's true and that's really one of the factors in what we want to happen.

[Oneandpure]

Actually investing doesn't guarantee some one to be rich but many people recommended by investing you will get financial freedom, many public speaking attend some of them recommended for us investing our money for the future with financial freedom. But reality its not easy when finding many people investing their assets in Bitcoin loss much money after price dump.

But have one positive side from investing, if can't guarantee us to be rich but have helped many investor earn profit trough cryptocurrency investment when starting with smart thing, some investor know what is the best time and get rich by investing in bitcoin when price going drop and they will sell after price pump without waiting for longer time.

[OgNasty]

While nothing is promised in life and especially when it comes to money and investments, if there were a single piece of advice I could give to someone young who wanted to be rich, it would be to invest. Sure, staying healthy and getting educated will definitely help you as well, but in all honesty, nothing will impact your financial life more than investing early in a diversified index fund like the S&P500.

[Minecache]

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.

Bitcoin has a big advantage over other investments regarding returns, but generally, high returns come with high risks. When investing in bitcoin, we will have the opportunity to receive great rewards, but if we are unlucky, the risk can also be to lose everything we have. Unlike gold or real estate, while the returns are not as high and fast as bitcoin, it is safer and has a lower loss rate. Therefore, depending on each person's preferences, they will choose the type of investment asset that is right for them, as long as they have to invest and do not use the money for meaningless things.

[Wend]

While nothing is promised in life and especially when it comes to money and investments, if there were a single piece of advice I could give to someone young who wanted to be rich, it would be to invest. Sure, staying healthy and getting educated will definitely help you as well, but in all honesty, nothing will impact your financial life more than investing early in a diversified index fund like the S&P500.

There are many ways to get rich, but it can be said that investing is the best way and gives the best results if we invest in the right way.
It can be seen that all the billionaires and entrepreneurs in the world have become rich through investment, very few are employees and become rich with their monthly salary. Investing won't guarantee anyone wealth, but if you don't take risks to invest, you'll never escape poverty or employee life.

[nlovric]

You are entirely correct, brother. Making money quickly or making everyone affluent are not guarantees of investing. It is a myth that investing inevitably results in prosperity. The notion that investing involves effort expertise knowledge a sound strategy experience and market analysis is frequently overlooked. One can invest in a variety of enterprises in addition to simply placing money into Bitcoin. Great examples are Elon Musk, Bill Gates, and Mark Zuckerberg, who did not become billionaires just by investing in bitcoin. At the appropriate time and location they made profitable investments. Timing, insight, expertise, and skills are critical when trading, launching a side business or investing in Bitcoin.

Actually investing doesn't guarantee some one to be rich but many people recommended by investing you will get financial freedom, many public speaking attend some of them recommended for us investing our money for the future with financial freedom. But reality its not easy when finding many people investing their assets in Bitcoin loss much money after price dump.

But have one positive side from investing, if can't guarantee us to be rich but have helped many investor earn profit trough cryptocurrency investment when starting with smart thing, some investor know what is the best time and get rich by investing in bitcoin when price going drop and they will sell after price pump without waiting for longer time.

[tjtonmoy]

Investing doesn't guarantee you wealth, which is 100% true. Investing does give you the opportunity to grow your financial situation, but it also carries risks. Not understanding the dynamics of the market and blindly investing in it is the first mistake for many investors out there. Invest in something after you have properly got the idea of it. How it works, what can be its future, how can you grow more from it. These should be learned and experimented first before diving deep into it. You never know before you have tried it. So we should take that risk for investing and try for ourselves to see if we can become successful.
Also, we need to plan our next step before we even start walking on that path. A good plan will increase the chance of success. Always planning before doing something is a must. Although it is not guaranteed, but with a proper plan, knowledge, and experience the success rate will increase for sure.

[macson]

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.

investing in bitcoin does not guarantee 100% that you will make a profit because the price of bitcoin is very volatile so it cannot guarantee whether you can survive in the market but if you do have the intention to invest in bitcoin it is highly recommended to choose long-term investment, and what you wrote is very true, so that your mind is calm then invest with money that you can afford to lose ^{(make it a habit not to use emergency funds or borrowed money bcause there have been many stories where a person who invested with borrowed money had to resell his investment assets before even making a profit because he had to pay off the loan)}

[hannahB4]

Though investment doesn't guarantee one to be rich, it is a sure way of getting rich if one makes a wise decision as to when to buy and when to make sales. The factor that you listed are great but also your source of funds for your investment matters there are some specific investments that you know are for the short term while some are for the long term this should be taken note of when investing.

[ItsCrafty]

Though investment doesn't guarantee one to be rich, it is a sure way of getting rich if one makes a wise decision as to when to buy and when to make sales. The factor that you listed are great but also your source of funds for your investment matters there are some specific investments that you know are for the short term while some are for the long term this should be taken note of when investing.

I agreed that, Investing can potentially provide opportunities for someone to accumulate assets or capital over time, but it's important to note that there is no guaranty of becoming rich through investing. Meanwhile, some individuals have achieved significant wealth through successful investments but it carries a level of risk. It requires careful research, analysis, and decision-making ability regarding your investment opportunities. Additionally, factors such as market conditions, economic fluctuations, and individual circumstances can impact investment outcomes. Remember that without learning and skill towards market trends you cannot master your investments. Ultimately, investing should be approached with realistic expectations and a focus on your financial goals rather than solely aiming to become rich quickly.

[serjent05]

    -  Not all people want to get rich, because others are just in the right situation or condition in life and they are happy, the kind who are not poor and not rich but do not experience hunger every time and there is contentment that is called for.

Many are into financial freedom where they don't have to worry about money for their future need.  So yeah, not all are wanting to be rich, but if given a chance, I would grab the opportunity to be rich since it means my future is secured.

Although, I agree with what you mentioned, it's just like desire, we can't achieve something if we don't feel the desire, that's true and that's really one of the factors in what we want to happen.

Desire is not enough, we must have the passion to work hard for goals whether it is becoming rich or having financial freedom.

[balotelli]

You are right, 100%.

[MFahad]

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

desire is important because this desire make an interest without which a person cannot achieve his success. One should learn in proper way that how much important is their interest and their hard work for achievements. I think that the person's desire will more likely to increase once he get success because if he faces regular failure then he will loss his hopes and will forget about his desires. So success at some stages and interest both plays an important roles and interest created because of the desires.

[Blitzboy]

Investing doesn't guarantee you wealth, which is 100% true. Investing does give you the opportunity to grow your financial situation, but it also carries risks. Not understanding the dynamics of the market and blindly investing in it is the first mistake for many investors out there. Invest in something after you have properly got the idea of it. How it works, what can be its future, how can you grow more from it. These should be learned and experimented first before diving deep into it. You never know before you have tried it. So we should take that risk for investing and try for ourselves to see if we can become successful.
Also, we need to plan our next step before we even start walking on that path. A good plan will increase the chance of success. Always planning before doing something is a must. Although it is not guaranteed, but with a proper plan, knowledge, and experience the success rate will increase for sure.

Investing is fraught with risks, yet laden with potential gains. Arent risk and reward inseparable facets? Crypto, particularly Bitcoin, follows this axiom. An evolving entity, thrilling for its norm-breaking prowess yet daunting due to notorious volatility. But isnt outright Bitcoin dismissal due to risk a miscalculation? Shouldnt we instead embrace the change, learn from fluctuations, and tailor strategies?

Knowledge and foresight underpin successful investing. Success isnt assured, but doesnt meticulous planning, profound comprehension, and strategic deployment tilt the scale in our favor? Isn't Bitcoin an ideal battlefield to flex our strategic muscle?

[Nheer]

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.

This frequently occurs to new investors because they are frequently misled by how others profit from trading and therefore want to invest and profit as well, forgetting that this type of investment is governed by a number of laws and that without proper knowledge of them you will only end up losing money. Profit is still not guaranteed even with sufficient knowledge, thus it is always preferable to invest only money that you can afford to lose.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

Everyone wants to be wealthy, but not everyone has the drive to work hard to achieve that goal. This is a very solid statement. More than just words are required for success, you must put in the necessary effort, demonstrate tenacity, and give it your all. God will not allow your efforts go to waste. Similar to in school, reading is required to pass an exam, and reading increases your odds of passing the exam.

4. ACCEPTING THE RISK: You cannot be profitable if you do not know how to accept the risk, majority of people ignoring it and that is why they are keep losing. Be aware on how much money you can incur before the trade and in that way you can have an idea if the investment is worth it or not.

Lack of understanding makes it difficult to recognize the substantial risk involved in the investment, leading you to believe that return is certain. To be a good trader, you must be aware of the risk involved, keep in mind that you could lose your money at any time, and be prepared at all times for the worst. With this perspective, you can accomplish a lot because you've managed to get rid of fear.

5. PLANNING : Do not just put your hard earned money on some investments or buy bitcoin immediately without having a solid plan, organized planning is what successful investors doing. They have steps that they are following because they trust that it is the best way to achieve their goals.

You have actually come up with a good post that will be helpful to newbies and new crypto investors or traders. This is easily applicable to life, failure to plan is planning to fail. Without plan it will be difficult to accomplish anything.

[yohananaomi]

Though investment doesn't guarantee one to be rich, it is a sure way of getting rich if one makes a wise decision as to when to buy and when to make sales. The factor that you listed are great but also your source of funds for your investment matters there are some specific investments that you know are for the short term while some are for the long term this should be taken note of when investing.

it is possible that investment does not guarantee that someone will become rich, but an action to be able to achieve it in one way is investment.
all in the end will be measured how big and also from success, in making an investment, if only with a small investment how can one possibly hope to get the maximum profit so that one can gain wealth.
investment requires prior analysis and requires sufficient patience and nothing can be instant so that you get the best, most of it is for a fairly long period of time, especially investing in crypto.

[Dzwaafu11]

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.

Yes, I agree with what you said, mate; however, I can imagine anyone putting a large sum of money—or even a small amount—into a business or investment without first learning the basics of that particular industry. In fact, these types of investors put their money at greater risk than we do because they are unable to predict when they will make a profit, even during a bull run. However, I feel that these kinds of investors and traders need to learn the fundamentals of bitcoin investment and cryptocurrency trading in order to avoid losing money. It will also assist them to secure their investment.

1. DESIRE: You should have a desire to be rich! Most of people wants to be rich by they do not have desire to become one. They simple say it but they do not put work for it. There is a big different on saying you want to become rich and you will become rich. Be sure that you are one of the people who have desire and consistently saying that you will become rich because desire is energy. And if you do not have energy, you cannot put work and effort for you to become one.

These kinds of things make it seem as though someone is just sitting down and expecting money to show up at their homes or where they are sitting, which is impossible for someone to do today. Instead, one must be able to work hard with the expectation that everything they need will pay off seriously. While you are correct that some people do that, I can assure you that these kinds of people are those who end up in negative situations and are does who have many things they want to buy, so you can see that if there is not work these people most engage them self in another things.

[AicecreaME]

Investing on something but you're just half-assed committed on it won't really guarantee you anything at all. Investment is a commitment, you have to know what you need to do and what you are doing in order to gain profits, if not, your money will just be wasted. And, it doesn't guarantee a rich quick scheme of course, it takes time before you could actually called yourself "rich" unless you're already rich before you've done investing.

[goldkingcoiner]

Getting rich is a matter of pure luck.

That's what becoming rich is, just a mathematical probability. The majority of people are not poor because they choose to remain in the lower classes. They are poor because no matter if they invested or not, it was a string of bad decisions which, financially, put them in the lower classes. That is nobody's fault. Looking down on non-rich people never carries a good moral reason. Some people spend their lives trying to build a fortune. Others make a tiktok video which makes them incredibly famous and they leverage that fame for money and become rich. But you can always engineer good luck. All you need to do is have the right mindset- investors have a higher probability of getting rich than non-investors, for example. So by becoming an investor you raise your chances at making a lot of money.

Manifest your fate!