Bitcoin is not a quick rich and get poorer investment.

[boty]

Definitely, whether it’s Bitcoins or any type of investments, nothing can make you rich overnight. If any investment promising you that you will become rich overnight, then definitely it’s a scam. Bitcoins are no doubt very rare, and a time will come when the profits will be more, but it will take some time. Till that you have to show faith on the coin and keeps on investing in it for longer period of time. Just accumulate as many Bitcoins as you can and hold it for some days. Definitely you will see great profits.

Every investment requires a process of several months to be able to gain profits from the investment and there is no investment that can immediately bring profits without going through a process that must be completed.

If we believe in Bitcoin to be able to make a profit then we can collect it to get a profit from the investment we make, we can collect it using different methods to other people to get the profit we want.

[Blitzboy]

Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a good helping hands for future and at least when you invest in six months time you get your profit in one or two years or more for your effort to be reasonable and bear in mind that Bitcoin is not altcoin that can be hype or where many altcoins are built based on the basic structure provided by Bitcoin, Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

If someone is on this forum then he's already supposed to know that he won't become rich overnight thanks to bitcoin. People must understand that good investments require a lot of patience, there is no secret formula to become rich, just do your research, invest smartly, and wait. You need to wait, that's the problem, many people don't know or don't want to wait.

Forum apart, it's important for anyone to know that money is not easy to come by, and if you are investing in a thing newly, you need to study it very wisely and know the promising nature of it, how you will go about it, how the history is and how patient you suppose to be so that you gain more from it and do not make mistakes. But if someone doesn't do or ensure all of that but thinks that Bitcoin/any asset is a means to gain quick money, that person will make mistakes and might lose all his investments. Specifically about Bitcoin, what I've noticed is that it has its season, that's the first thing anyone should learn. There are times you wait for years before buying (just like what is happening now), there should be no rush, and there will be a time when the asset has to be liquidated so that the investor will not go home empty-handed.

In other words, if you buy when you were supposed to sell, you lose, and if you sell when you were supposed to buy, you would lose. All investments, including Bitcoin, need experience and smartness, and once you know it very well, you can miss out on earning.

Undoubtedly, it takes time and effort to fully understand Bitcoin. There are risks involved in using Bitcoin as a way to make quick money, but there are also unique possibilities it offers. Bitcoin is more than just an asset; its changing the way we think about money and value. Thinking that regular investment methods can be used for Bitcoin is misguided. Bitcoin goes against usual financial advice. Buying low and selling high isnt enough; you need to understand a big change in economics. Timing the market is very important, but so is understanding the technology behind it and how it might change the future of banking. It is important for us to consider whether we are merely investors or active players in a financial revolution.

[Ayers]

-snip-
Future trading platform is very dangerous, those who get addicted are the worst losers in life. The OP here probably doesn't know enough that futures trading can make him rich, if he knew about futures trading he would never have mentioned getting rich from futures trading.

It would be very dangerous if futures trading is used by people who are not right, do not have the knowledge and rely only on luck.
This is just as dangerous when compared to gambling.

You must have good knowledge before you start trading futures, as this will be related to the money you are risking.

Let alone futures trading, day trading will even be dangerous if you do not know how to do good trading analysis and management.
About 95% of traders incur losses by day trading.

Futures trading does not always make people rich, there are more traders who lose and fall into poverty when trading futures.
Starting futures trading must really know what to do, be able to do analysis well and capital management properly.

Honestly, I see many people who are against others becoming traders because they think it's too risky and more like gambling than investing. But I don't object because I am also making profit from trading, but I will object if someone wants to trade futures. Furthermore, the reality is that I have seen many people become rich through long-term investments in bitcoin, but I have not seen anyone become rich through trading. Therefore, if someone is intending to get rich from trading, especially futures trading, they should give up that idea.

For me, we should only trade spot and should only trade with moderate intensity, don't spend too much time on it and think that it will be a place for us to get rich.

[Japinat]

Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a good helping hands for future and at least when you invest in six months time you get your profit in one or two years or more for your effort to be reasonable and bear in mind that Bitcoin is not altcoin that can be hype or where many altcoins are built based on the basic structure provided by Bitcoin, Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

If someone is on this forum then he's already supposed to know that he won't become rich overnight thanks to bitcoin. People must understand that good investments require a lot of patience, there is no secret formula to become rich, just do your research, invest smartly, and wait. You need to wait, that's the problem, many people don't know or don't want to wait.

Everyone wants to become rich but not everyone has the right patience to make it happen, that's why majority still end up losing not because they lack the knowledge and skills to succeed but because they are very eager to make quick profits most especially for bitcoin that is known to be a get quick rich scheme. However, only novice traders and investors mostly fall for this as they lack significant experiences in the market.

Bitcoin is certainly not a get quick rich, but hey bitcoin could make you rich faster than other investments because of its known highest profit offers compared to fiat and other physical investments.

[GigaBit]

Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a good helping hands for future and at least when you invest in six months time you get your profit in one or two years or more for your effort to be reasonable and bear in mind that Bitcoin is not altcoin that can be hype or where many altcoins are built based on the basic structure provided by Bitcoin, Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

If someone is on this forum then he's already supposed to know that he won't become rich overnight thanks to bitcoin. People must understand that good investments require a lot of patience, there is no secret formula to become rich, just do your research, invest smartly, and wait. You need to wait, that's the problem, many people don't know or don't want to wait.

Everyone wants to become rich but not everyone has the right patience to make it happen, that's why majority still end up losing not because they lack the knowledge and skills to succeed but because they are very eager to make quick profits most especially for bitcoin that is known to be a get quick rich scheme. However, only novice traders and investors mostly fall for this as they lack significant experiences in the market.

Bitcoin is certainly not a get quick rich, but hey bitcoin could make you rich faster than other investments because of its known highest profit offers compared to fiat and other physical investments.

It is true that investing in any platform does not get you rich as fast as investing in Bitcoin. But only those who know and invest well about Bitcoin will be able to understand its benefits. Many people invest too fast without having basic idea and they lose their money due to lack of understanding. A investor can quickly gain from bitcoin but it doesn't always behave the same way. Only those who know about Bitcoin and consider it as a source of long-term investment can move towards getting rich quick from Bitcoin. Although there is no guarantee, a review of its history gives us a good idea. But investors must remember that investing in Bitcoin must take risks. Any investment is risky but it is suitable platform for those who invest in Bitcoin and hold it for a long time.

[I_Anime]

To me holding just the best.  you  just need to be patient and determined, If you   hold your profit might not comes ones norms. But it will be a gradual process. During holding there's high chances that the coin you are  holding may undergo corrections but as long is BTC you are holding.  you don't need to panic or sell it in loss, you can still continue to hold because of its potential, While for those that's trading with low experience and understanding. I will advice you focus on learning first before trading because there's a chances that you may end up losing all your cash yah trading.

[Silberman]

To me holding just the best.  you  just need to be patient and determined, If you   hold your profit might not comes ones norms. But it will be a gradual process. During holding there's high chances that the coin you are  holding may undergo corrections but as long is BTC you are holding.  you don't need to quickly sell it in loss so u can still continue to hold because of its potential, While for those that's trading with low experience and understanding. I will advice you focus on learning first before trading because there's a chances that you may end up losing all your cash yah trading.

Holding bitcoin is without a doubt a great strategy, however while it can be very easy for an experimented investor to hold their bitcoin and not waver on their determination at all, this is way more difficult for newbies, and this is the case because the volatility of bitcoin is way higher than what they can experiment on other markets and it is not rare for bitcoin to suffer a massive correction in a single day, and when a newbie experiments such losses it can be very difficult for them to keep holding their coins.

[SeriouslyGiveaway]

Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

I agree with your point that holding onto Bitcoin for the long term can indeed be a lucrative strategy. It has the potential to make you wealthier over time. However, when it comes to futures trading, I have a different perspective. Frankly, engaging in futures trading isn't a reliable path to sustainable wealth. It's crucial to distinguish between these two categories. Utilizing funds that are earmarked for long-term Bitcoin holding in futures trading carries significant risks. While you might possess the wisdom and skills to navigate this, the reality is that most individuals end up facing losses.

There's a substantial risk of losing everything before witnessing a substantial increase in prices through futures trading. This is undeniably unfortunate. I've witnessed numerous instances where individuals lost their entire initial capital, money they initially planned to invest in the market, due to a fleeting moment of greed in participating in futures trading.

[Iranus]

Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

I agree with your point that holding onto Bitcoin for the long term can indeed be a lucrative strategy. It has the potential to make you wealthier over time. However, when it comes to futures trading, I have a different perspective. Frankly, engaging in futures trading isn't a reliable path to sustainable wealth. It's crucial to distinguish between these two categories. Utilizing funds that are earmarked for long-term Bitcoin holding in futures trading carries significant risks. While you might possess the wisdom and skills to navigate this, the reality is that most individuals end up facing losses.

There's a substantial risk of losing everything before witnessing a substantial increase in prices through futures trading. This is undeniably unfortunate. I've witnessed numerous instances where individuals lost their entire initial capital, money they initially planned to invest in the market, due to a fleeting moment of greed in participating in futures trading.

OP is right in saying that bitcoin is not a get rich quick investment, but it is confusing that he then mentioned futures trading when this is one of the ways to get rich quick in the market with risks extremely high risk. That proves that OP still does not have a full understanding of investing in bitcoin and he is also looking for a way to get rich quickly in this market.

Like you, I have not seen anyone who can succeed with futures trading but there are many people who fail. It can be said that up to 90% of people participating in futures trading cannot make a profit.

[SeriouslyGiveaway]

Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

I agree with your point that holding onto Bitcoin for the long term can indeed be a lucrative strategy. It has the potential to make you wealthier over time. However, when it comes to futures trading, I have a different perspective. Frankly, engaging in futures trading isn't a reliable path to sustainable wealth. It's crucial to distinguish between these two categories. Utilizing funds that are earmarked for long-term Bitcoin holding in futures trading carries significant risks. While you might possess the wisdom and skills to navigate this, the reality is that most individuals end up facing losses.

There's a substantial risk of losing everything before witnessing a substantial increase in prices through futures trading. This is undeniably unfortunate. I've witnessed numerous instances where individuals lost their entire initial capital, money they initially planned to invest in the market, due to a fleeting moment of greed in participating in futures trading.

[Xampeuu]

those who think that it is easy to make a profit from bitcoin, because they see that when the bullish season comes and the price rises quickly, they assume that investing in bitcoin will quickly make a profit, but those who make double profits are those who have invested in the bearish season, so they have also been waiting for an indefinite period of time, because most people only look at the success side, not paying attention to the process

[bitzizzix]

Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

I agree with your point that holding onto Bitcoin for the long term can indeed be a lucrative strategy. It has the potential to make you wealthier over time. However, when it comes to futures trading, I have a different perspective. Frankly, engaging in futures trading isn't a reliable path to sustainable wealth. It's crucial to distinguish between these two categories. Utilizing funds that are earmarked for long-term Bitcoin holding in futures trading carries significant risks. While you might possess the wisdom and skills to navigate this, the reality is that most individuals end up facing losses.

There's a substantial risk of losing everything before witnessing a substantial increase in prices through futures trading. This is undeniably unfortunate. I've witnessed numerous instances where individuals lost their entire initial capital, money they initially planned to invest in the market, due to a fleeting moment of greed in participating in futures trading.

OP is right in saying that bitcoin is not a get rich quick investment, but it is confusing that he then mentioned futures trading when this is one of the ways to get rich quick in the market with risks extremely high risk. That proves that OP still does not have a full understanding of investing in bitcoin and he is also looking for a way to get rich quickly in this market.

Like you, I have not seen anyone who can succeed with futures trading but there are many people who fail. It can be said that up to 90% of people participating in futures trading cannot make a profit.

This is what confused me with the OP, he stated that Bitcoin is not a get rich quick investment. However the OP states that futures trading will make him rich, but in reality most people will be poor because Bitcoin prices are not easy to predict.
And only long term investment not futures trading will give you huge profits from Bitcoin, and whether you are rich or not, it all depends on the amount of Bitcoin you have.

It sounds like the OP doesn't have a good understanding of Bitcoin, and he also can't differentiate between investing and trading.

[cheezcarls]

Back then when I was still new into Bitcoin, I knew those trying times where most of my former colleagues in network marketing are criticizing and bashing me about getting into this industry. They think of it as a ponzi scam so their so-called "mentors", "coaches" and associates have unfriended me and spreading the word that I am now a Bitcoin scammer.

I was just sharing some good news about Bitcoin's progress in my social media feeds rather than joining BTC ponzis like Bitconnect, etc. But as the old saying goes that when a door shuts in front of me, another door opens. It's the best decision that I have in my life and fast forward to today I am enjoying my simple lifestyle in the crypto and Web3 space, and all thanks to Bitcoin where it all started everything for me.

Also doing DCA last year? I have no regrets. Bought them during the bear market when BTC is still around $19k to $23k in price and as of this time it's around $41,800+. It's all about my belief in Bitcoin no matter if it's a crazy roller coaster journey for us.

[jeraldskie11]

Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

We are here in the world of cryptocurrencies because of Bitcoin. We invest Bitcoin because of its potential that can make us get away from being a poor person. And we heard a testimony about it that Bitcoin make people rich just by investing, it's already proven. So if we are going to invest in Bitcoin we have to gain some knowledge the proper way of investing in Bitcoin. Bitcoin is different from any investment companies out there. Since any kind of investment has risk we should have an investment plan especially Bitcoin price now is not $20k anymore. If you are newbie, my advice is to stay away from futures until you gather enough knowledge in Bitcoin and how it really works.

[bocyaj]

We are here in the world of cryptocurrencies because of Bitcoin. We invest Bitcoin because of its potential that can make us get away from being a poor person. And we heard a testimony about it that Bitcoin make people rich just by investing, it's already proven. So if we are going to invest in Bitcoin we have to gain some knowledge the proper way of investing in Bitcoin. Bitcoin is different from any investment companies out there. Since any kind of investment has risk we should have an investment plan especially Bitcoin price now is not $20k anymore. If you are newbie, my advice is to stay away from futures until you gather enough knowledge in Bitcoin and how it really works.

The bitcoin was the base of the cryptocurrency market,the sustainability of the bitcoin over a decade due to the decentralised behaviour of the Bitcoin.The bitcoin will be the first coin was launched in the cryptocurrency world.The popularity of the bitcoin reached his maximum after the sustained over a decade.If any new trader get into the cryptocurrency market,the first coin use to inverse by the trader will be the bitcoin.The potential of the bitcoin may change the poor people to the rich by the pump in the bitcoin price.The bitcoin now had many proven story since 2017 in the crypto currency community.Bitcoin is the only cryptocurrency can be used to inverse at any price and able to regain profits in next halves.

[FinePoine0]

Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a  you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

Investing in Bitcoin requires patience because the mistake of getting everything close is patience. As I have invested some wealth in Bitcoin for a long time now I am impatient and thinking about the benefit from the investment I will be completely wrong. If you are trading normally then it is definitely possible to make a profit for a short period of time. But it is true that Bitcoin never makes anyone poor, if we can invest at the right time then it is definitely possible to get a lot of benefits.

[roller33]

Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a good helping hands for future and at least when you invest in six months time you get your profit in one or two years or more for your effort to be reasonable and bear in mind that Bitcoin is not altcoin that can be hype or where many altcoins are built based on the basic structure provided by Bitcoin, Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

You're spot on about Bitcoin investment being a long game. It's all about patience and discipline, just like you said. Jumping in and expecting quick returns is like expecting a seed to become a tree overnight. Not gonna happen, right?

And yeah, Bitcoin's not like those altcoins that come and go with the hype. It's the OG of cryptos. It's got its ups and downs, but if you play it smart, stick to your strategy, and don't panic when things get rocky, you're more likely to see those efforts pay off.

Totally agree with your point about taking your time with it. Rushing to cash out in a few months is like pulling up a plant to check if the roots are growing. Give it a year or two, or even more, and that's when you really start to see the difference.

And about trading in futures, that's another level. That's where the real strategy comes in. It's not for everyone, but if you know what you're doing, it can really work out.

Bitcoin's a marathon, not a sprint. Keep that in mind, and you're on the right track. Happy investing! 🚀💰

[synchronym]

Patience is very important when it comes to investing in Bitcoin. Because Bitcoin is very risky so we must be careful while investing in Bitcoin. Investing in Bitcoin requires us to acquire enough knowledge about Bitcoin. Bitcoin investment we always have to have a long term plan. If we can be patient with time and invest for long term then surely we will be successful with Bitcoin.

[Hewlet]

Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a good helping hands for future and at least when you invest in six months time you get your profit in one or two years or more for your effort to be reasonable and bear in mind that Bitcoin is not altcoin that can be hype or where many altcoins are built based on the basic structure provided by Bitcoin, Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

A lot of threads have been created already to emphasize this point but I guess for the interest of those that might still be getting it wrong, this is also not out of place. People have a whole lot of marred mindset while joining the forum and some might feel that by investing in Bitcoin their financial freedom is automatically guaranteed, I don't really blame them that much because sometimes when you look at some ads that are online, you just think you could become a multi millionaire all of a sudden by just investing into Bitcoin. What I use in exercising my patience is that nothing good comes all that easy and fast son just did my investment and I keep accumilating my holdings bit by bit while keeping watch on the price of bitcoin.

It's an investment and not a Ponzi scheme that promises to double your investment from no just reason.

[peter0425]

Bitcoin investment is an investment you start early and take time to grow, discipline, monitor with patient to enable your target of investment excel and you can only make this investment when you patiently elongate it to enable you flourish well to the extend that when you harvest your profit from the investment it will still be progressing and not when you invest in six months time and you are inquisitive to get your profit in eight months time its wrong and getting patient to achieve what you invest is a good helping hands for future and at least when you invest in six months time you get your profit in one or two years or more for your effort to be reasonable and bear in mind that Bitcoin is not altcoin that can be hype or where many altcoins are built based on the basic structure provided by Bitcoin, Bitcoin cannot not make you poor when you know what you are doing and is more valuable and can make you rich when you wisely trade in futures.

there is some strategy in investing in Bitcoin , others do is HODL in which keeping their bitcoin for long time year or even more, while there are some that uses  short term investing that takes only weeks or months that mostly happens when the market is showing growing and falling.
and also what you have in title is a perfect way to understand this market about not a place where to become rich quickly but this is the place where you can become a instant poor if you know nothing where and when to invest and when and where to withdraw.