Bitcoin is not a quick rich and get poorer investment.

[Z_MBFM]

You're right nothing will makes someone just richer over night without not just Bitcoin investment Bitcoin can be a risky investment, so it's important to think carefully about your goals and your strategy it can falls over night and you will lose a lot If you're investing it's good to think about what kind of investor you want to be a risky investment strategy that involves frequent buying and selling

While this correction is still happening and it is confusing to see that many people are still buying coins other than BTC, especially those that do not have full fundamentals, the bad effect is that the more they buy it the more the price drops. Of course. At that time, it was a dilemma to make decisions amidst unclear market trends. But, what is important is that we do not choose projects, especially projects that have no utility or utility in the ecosystem and are not worth investing in.

For quite some time the price of Bitcoin has only been rising and increasing regularly it crossed the ATH and for the first time Bitcoin crossed $73.7. Now bitcoin needs correction so bitcoin price is correcting. Bitcoin price has dumped a lot today dropping to $63k. It is likely to go back below $60k again very soon and then the price of Bitcoin may stagnate for a bit and then pump again. And maybe break the $100k record. So you should not panic after seeing the correction.  Anyone with bitcoin holdings should hold tighter

[reagansimms]

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.

In general, investing is not a get-rich-quick scheme, it takes time, patience and a strong mentality to achieve the target of the initial goal when investing. So far, Bitcoin has proven that it is able to overcome all the negative issues that have befallen it by printing the latest ATH in early 2024. As long as you still believe in the potential generated from Bitcoin and are an investor who is able to refrain from all aspects that could damage your initial plans, you will be able to add to your list of wealth from the profits generated in the future.

[benalexis12]

It is very wrong for someone to think or have a mindset that bitcoin can make one to become rich. Bitcoin don't make people to be rich because it doesn't give free money just like that. You can only earn from Bitcoin as investment just like 2very other investment.  I don't know why people always see bitcoin as what can give them lots of money that can make one to be rich just by investing.  You can only get rich by having something that generate steady flow of income.

The get-rich-quick mindset by investing in bitcoin is actually not completely wrong if you compare bitcoin with investing in gold. You can calculate the ROI of bitcoin in the last year with the ROI of gold, but of course bitcoin will not provide wealth overnight.

Imagine how much profit you will get from a $50k gold investment in early January 2023 compared to a $50k bitcoin investment, clearly bitcoin is more superior and has provided a lot of returns in just a year compared to gold. The time frame used is not overnight, a few days or a week, but of course longer, such as several months to years.

There are still many people who do not understand or know about Bitcoin, but for businessmen who understand Bitcoin, there is no doubt that they will really invest in it and hold it for a few years, depending on how much Bitcoin they will sell it for.

Maybe when they meet their main profit target, they will sell, but there are also some who, even though they have seen many people buy it, it is still not proof for them to believe. Well, it's their choice, not our loss, that's all.

[GideonGono]

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.

People just need to know that trading and investment depends on how they manage their funds.
If they couldn't manage it properly or doesn't know what they are doing then the outcome is almost certain that they would only lose in this field.
Investment and trading couldn't make you rich in just a short spam of time it takes time to learn and surely it would take some time and experience to earn from it.

[BABY SHOES]

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.

In general, investing is not a get-rich-quick scheme, it takes time, patience and a strong mentality to achieve the target of the initial goal when investing. So far, Bitcoin has proven that it is able to overcome all the negative issues that have befallen it by printing the latest ATH in early 2024. As long as you still believe in the potential generated from Bitcoin and are an investor who is able to refrain from all aspects that could damage your initial plans, you will be able to add to your list of wealth from the profits generated in the future.

That's when the price can reach an all-time high and then become a correction then the mentality that is needed now, this is not a bad goal because of the decline because such is common in the bitcoin market with high volatility then patience will determine your future when investing in bitcoin.

Never assume your investment in bitcoin will be rich in 1 or 2 years, it's impossible.
Make sure you always survive in any condition because we believe bitcoin will always reach a record again.
Set your target when it reaches a long time, then this is at least the way you can take a pretty good profit opportunity.

[MFahad]

People just need to know that trading and investment depends on how they manage their funds.
If they couldn't manage it properly or doesn't know what they are doing then the outcome is almost certain that they would only lose in this field.
Investment and trading couldn't make you rich in just a short spam of time it takes time to learn and surely it would take some time and experience to earn from it.

People who think that way about cryptocurrencies and the investments made in this industry are the ones who are misguided and have a misconception about the whole market. They see news and stuff about how some people have managed to become millionaires after making small investments in cryptocurrencies, but they don't have any idea about how that happens, it is stories of some of the meme coins that have managed to provide great profit to their initial investors which then becomes a motivation for a lot of people to become cryptocurrency investors.
Someone who learns a little bit about the industry will come to know that trading is not a get-rich-quick scheme and it is just that some people get lucky and manage to earn significant returns in a short period while others have to work hard to earn money in this industry.

[milewilda]

People just need to know that trading and investment depends on how they manage their funds.
If they couldn't manage it properly or doesn't know what they are doing then the outcome is almost certain that they would only lose in this field.
Investment and trading couldn't make you rich in just a short spam of time it takes time to learn and surely it would take some time and experience to earn from it.

People who think that way about cryptocurrencies and the investments made in this industry are the ones who are misguided and have a misconception about the whole market. They see news and stuff about how some people have managed to become millionaires after making small investments in cryptocurrencies, but they don't have any idea about how that happens, it is stories of some of the meme coins that have managed to provide great profit to their initial investors which then becomes a motivation for a lot of people to become cryptocurrency investors.
Someone who learns a little bit about the industry will come to know that trading is not a get-rich-quick scheme and it is just that some people get lucky and manage to earn significant returns in a short period while others have to work hard to earn money in this industry.

Pretty sure that those new people who had been diving into this market are the ones who had been that interested because of the money making opportunity on which crypto could give. Well, lets just accept that fact
considering that people would really be that interested when it comes to money on which it would really be that a normal approach that they would really be having that kind of impressions and shows up interest on to deal with it just because they've known that they could really be able to make some money making thing which is aside from their own work. Once those kind of interest been poked up then dealings or personal decisions
about investing intoo crypto would really be their next move.

Actually cryptos existence would really be that basing into actual utility and it is really just that its price or value on where people do tend to make benefits on
considering that if there's demand then value would increase on which its inevitable that its price would really be moving and this is where people
would really be utilizing it for their benefit which is of course everyone would really be interested on doing so.

[Adams0001]

You're right nothing will makes someone just richer over night without not just Bitcoin investment Bitcoin can be a risky investment, so it's important to think carefully about your goals and your strategy it can falls over night and you will lose a lot If you're investing it's good to think about what kind of investor you want to be a risky investment strategy that involves frequent buying and selling

While this correction is still happening and it is confusing to see that many people are still buying coins other than BTC, especially those that do not have full fundamentals, the bad effect is that the more they buy it the more the price drops. Of course. At that time, it was a dilemma to make decisions amidst unclear market trends. But, what is important is that we do not choose projects, especially projects that have no utility or utility in the ecosystem and are not worth investing in.

For quite some time the price of Bitcoin has only been rising and increasing regularly it crossed the ATH and for the first time Bitcoin crossed $73.7. Now bitcoin needs correction so bitcoin price is correcting. Bitcoin price has dumped a lot today dropping to $63k. It is likely to go back below $60k again very soon and then the price of Bitcoin may stagnate for a bit and then pump again. And maybe break the $100k record. So you should not panic after seeing the correction.  Anyone with bitcoin holdings should hold tighter

Is an opportunity for those who have not yet begun investing in bitcoin; since the price has dropped to $63k, they can invest heavily in order to reap greater profits when the price rises. Some people are telling them to invest in bitcoin, but they will continue to look for people who are profiting because they are afraid of losing money, and without taking risks, you will never benefit from the bitcoin journey. I used to tell some of my friends who are interested in investing that even if they invest a tiny amount of money in bitcoin, they will still profit when the market is going well. I told them that even if they are investing $10 every week they will still profitable, the money will be increasing and probably you can get your capital and profit in it. is just to be patient and trust your mind and be strong to take risk, if you have the opportunity to do and get profit.

[Stable090]

Hi guys,

It took a while to gather the guts to do this.. First of all, I am not asking for donations or charity but for a chance to change my future. I had been wanting to own bitcoin or any other coin but I can't afford it. So, if you want to give a hand to a crypto noob, any amount from 0.0000000000000000000000001 btc would be greatly appreciated. I am grateful for taking the time reading this.

God bless us all!

My address bc1q0a8ngezqgd6uuje663q9p2anseu2svsd5jn0n9

Are you really serious about this post? What you just did is donation and charity, but I love this forum, nobody is going to give you anything, your account will end up being compromised. If you want a better future for yourself, then get yourself a better job and work, you will be able to save and invest in bitcoin. You can’t just come here and beg for money, and you think anyone is going to give you anything, and you have already violated the rules of the forum, because you are not suppose to beg for money here, which you just did, so you are going to be punish. The forum is a public place which you are suppose to learn, and not a place which you should beg for money.

[deathcode]

Is an opportunity for those who have not yet begun investing in bitcoin; since the price has dropped to $63k, they can invest heavily in order to reap greater profits when the price rises. Some people are telling them to invest in bitcoin, but they will continue to look for people who are profiting because they are afraid of losing money, and without taking risks, you will never benefit from the bitcoin journey. I used to tell some of my friends who are interested in investing that even if they invest a tiny amount of money in bitcoin, they will still profit when the market is going well. I told them that even if they are investing $10 every week they will still profitable, the money will be increasing and probably you can get your capital and profit in it. is just to be patient and trust your mind and be strong to take risk, if you have the opportunity to do and get profit.

The problem for beginners in investing in Bitcoin is patience and price fluctuations. without prior understanding, they tend to panic more quickly when they see an unstable market situation.
and more beginners are impatient with the results. What you think about is how to look at the history of Bitcoin price growth. they want to invest with quick profits. That's clearly wrong, but we often encounter perceptions like that.

[Natalim]

Is an opportunity for those who have not yet begun investing in bitcoin; since the price has dropped to $63k, they can invest heavily in order to reap greater profits when the price rises. Some people are telling them to invest in bitcoin, but they will continue to look for people who are profiting because they are afraid of losing money, and without taking risks, you will never benefit from the bitcoin journey. I used to tell some of my friends who are interested in investing that even if they invest a tiny amount of money in bitcoin, they will still profit when the market is going well. I told them that even if they are investing $10 every week they will still profitable, the money will be increasing and probably you can get your capital and profit in it. is just to be patient and trust your mind and be strong to take risk, if you have the opportunity to do and get profit.

The problem for beginners in investing in Bitcoin is patience and price fluctuations. without prior understanding, they tend to panic more quickly when they see an unstable market situation.
and more beginners are impatient with the results. What you think about is how to look at the history of Bitcoin price growth. they want to invest with quick profits. That's clearly wrong, but we often encounter perceptions like that.

Social media and these self-proclaimed experts have a huge influence on the mindset of their followers/listeners. That is why newcomers usually think that investing in Bitcoin is a quick rich investment. Unfortunately, it is different from what really happened and mostly is in FOMO when price corrections happen and sell their coins at loss. And this definitely will happen to a person who is investing blindly and has no idea of what they are doing. Being a no-how person will certainly end to nothing but losses which is very common in the market today due to aggressive investing even without proper knowledge.   

[Mahanton]

Is an opportunity for those who have not yet begun investing in bitcoin; since the price has dropped to $63k, they can invest heavily in order to reap greater profits when the price rises. Some people are telling them to invest in bitcoin, but they will continue to look for people who are profiting because they are afraid of losing money, and without taking risks, you will never benefit from the bitcoin journey. I used to tell some of my friends who are interested in investing that even if they invest a tiny amount of money in bitcoin, they will still profit when the market is going well. I told them that even if they are investing $10 every week they will still profitable, the money will be increasing and probably you can get your capital and profit in it. is just to be patient and trust your mind and be strong to take risk, if you have the opportunity to do and get profit.

The problem for beginners in investing in Bitcoin is patience and price fluctuations. without prior understanding, they tend to panic more quickly when they see an unstable market situation.
and more beginners are impatient with the results. What you think about is how to look at the history of Bitcoin price growth. they want to invest with quick profits. That's clearly wrong, but we often encounter perceptions like that.

If you are just new then it would really be a normal thing but once you do able to have that kind of learning and experience then soon you would really be able to hover up yourself into this market without any issues.
Although it wouldnt really be still that easy as it sounds or looks on dealing up with with price fluctuations on which this isnt something that would really be only limited on Bitcoin but also in other coins as well in the market
on which this is something that you would really be needing to be wary about and not really just that making any actions without even studying or trying out to realize on what you are dealing with.

The most important thing that you should consider is on that this market isnt something that too simple for you to be able to deal with. Make yourself that be confident about into your skills
then sooner or later you would really be putting up yourself on such condition that it would really be that so damn hard to understand on how this market behaves.
Making profits will really be that only determines on how well you do make out such decisions of course.

[yazher]

The problem for beginners in investing in Bitcoin is patience and price fluctuations. without prior understanding, they tend to panic more quickly when they see an unstable market situation.
and more beginners are impatient with the results. What you think about is how to look at the history of Bitcoin price growth. they want to invest with quick profits. That's clearly wrong, but we often encounter perceptions like that.

This is mostly what happened and I remember back then some people blamed the community for making poor decisions and went to invest their retirement funds in bitcoins. Still, at that time the price greatly subsided since it was not even time for halving or any other good event going on in the crypto industry, instead of patiently waiting, they posted here. They went on a rampage blaming us for giving them sincere advice on how to invest and avoid the hype when you don't have any means to get back what you are about to invest, they ignored all of this warning and proceeded to invest without patient, instead of waiting for the price to recover, they didn't bother on that but they instead panic and might even sell it at a lower price.

[macson]

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.

In general, investing is not a get-rich-quick scheme, it takes time, patience and a strong mentality to achieve the target of the initial goal when investing. So far, Bitcoin has proven that it is able to overcome all the negative issues that have befallen it by printing the latest ATH in early 2024. As long as you still believe in the potential generated from Bitcoin and are an investor who is able to refrain from all aspects that could damage your initial plans, you will be able to add to your list of wealth from the profits generated in the future.

bitcoin can make someone poor in a short time or rich, it all depends on the management of that person, look at how people who have large amounts of bitcoin, they really are not affected by the price of bitcoin, what they aim to do is invest more bitcoin, the point is to increase the value of their investment, investing in bitcoin without patience will only result in losses, but if you are truly patient in managing your investment in bitcoin, the results will be good in the future.

[fillippone]

Guys, let's not forget the ultimate reason why Bitcoin was created: to defend our purchasing power against the inflation caused by Central Banks.

"Bitcoin is not a get-rich-quick scheme. I a don't get-poor-slowly one"

This is one of the best one-liners to orange pill anyone.

[Kristiyana]

Guys, let's not forget the ultimate reason why Bitcoin was created: to defend our purchasing power against the inflation caused by Central Banks.

"Bitcoin is not a get-rich-quick scheme. I a don't get-poor-slowly one"

This is one of the best one-liners to orange pill anyone.

Absolutely, bitcoin can only be consider as get poorer investment if you're not patient enough to make long term investment,bitcoin investment isn't what you just invest probably after making investment you begin to expect profit to come anytime soon. Moreover bitcoin is not a get-rich-quick scheme, in the Sense that there are some people that invested heavily on bitcoin when the value was low,and they where patient enough to hold on to it till this time that bitcoin has increase in the value, just imagine how much profit they will make. if you want to get profited from bitcoin investment, you need to make a long term investment if you can be patient enough to reserve it for a long time I'm pretty sure that your future will be a brighter one.

[Blitzboy]

Is an opportunity for those who have not yet begun investing in bitcoin; since the price has dropped to $63k, they can invest heavily in order to reap greater profits when the price rises. Some people are telling them to invest in bitcoin, but they will continue to look for people who are profiting because they are afraid of losing money, and without taking risks, you will never benefit from the bitcoin journey. I used to tell some of my friends who are interested in investing that even if they invest a tiny amount of money in bitcoin, they will still profit when the market is going well. I told them that even if they are investing $10 every week they will still profitable, the money will be increasing and probably you can get your capital and profit in it. is just to be patient and trust your mind and be strong to take risk, if you have the opportunity to do and get profit.

The problem for beginners in investing in Bitcoin is patience and price fluctuations. without prior understanding, they tend to panic more quickly when they see an unstable market situation.
and more beginners are impatient with the results. What you think about is how to look at the history of Bitcoin price growth. they want to invest with quick profits. That's clearly wrong, but we often encounter perceptions like that.

If you are just new then it would really be a normal thing but once you do able to have that kind of learning and experience then soon you would really be able to hover up yourself into this market without any issues.
Although it wouldnt really be still that easy as it sounds or looks on dealing up with with price fluctuations on which this isnt something that would really be only limited on Bitcoin but also in other coins as well in the market
on which this is something that you would really be needing to be wary about and not really just that making any actions without even studying or trying out to realize on what you are dealing with.

The most important thing that you should consider is on that this market isnt something that too simple for you to be able to deal with. Make yourself that be confident about into your skills
then sooner or later you would really be putting up yourself on such condition that it would really be that so damn hard to understand on how this market behaves.
Making profits will really be that only determines on how well you do make out such decisions of course.

Yes, entering the crypto market is difficult. However, once you get the hang of it, its the best value, even better. When you see earnings, you feel euphoric and validated for your hard work and learning.

Price variations are present across the board, including Bitcoin. This is where the skill shines. People must make informed selections. Study the market and trends before jumping in. Economics and gut instinct are behind it.

Dont forget confidence. You need confidence to handle this market. Its difficult, but nothing worthwhile is. Keep trying, and you'll achieve things you never believed imaginable. Remember that the art of the trade is about knowing how and when to earn profits. Support Bitcoin and win. I know how to win.

[Hameed93]

Yes of course.. Bitcoin and other crypto aren't like a ponzy scheme that you just put small money and be hoping to get a big return without doing nothing which mostly ends up taking your entire life savings.. it requires patience and some level of investment to get the dividends of what you put into it and we shouldn't also forget the sole purpose for which Bitcoin was created..

[bots1]

Whether you are rich or not depends on when you buy it and how long you hold it. If you buy Bitcoin during the Bearish phase and you are able to hold it until the market is very bullish and then you sell it, then Bitcoin will make you rich. Keep in mind that, Bitcoin has huge risks, but it can also make huge profits. It all depends on the timing of when you buy and sell it.

[Youngkhngdiddy]

Whether you are rich or not depends on when you buy it and how long you hold it. If you buy Bitcoin during the Bearish phase and you are able to hold it until the market is very bullish and then you sell it, then Bitcoin will make you rich. Keep in mind that, Bitcoin has huge risks, but it can also make huge profits. It all depends on the timing of when you buy and sell it.

  Bitcoin is best the way it is. If you see it as fast money or get rich quick scheme, then, you've missed the reason behind it. Notice those looking for get rich quick scheme eventually “get poor quick". This happens because they never get to learn about it and are only concerned about how to double it. You should work on getting rich steadily and not quick. A lot of quick money don't last. Except if you're a professional and scalping the market. Bitcoin isn’t a get-rich-quick scheme. It’s just that what you call “money” is a stay-poor-forever scheme. When you are poor, everybody else looks rich; and that’s what is happening with Bitcoin.
  There are a lot of hot investments right now, including electric vehicles, renewable energy, and anything having to do with the cloud. One investment arguably dwarfs them all in popularity bitcoin. Potentially, it can. It is still very volatile, though. In order to have a good chance of becoming rich, someone would need to invest enough money, hold Bitcoin for long enough (a number of years), and be able to invest enough up front, in order to make that happen. However, if someone methodically invests what they can afford in Bitcoin over time, that has made quite a few people rich. Bitcoin’s price has increased over 13x in the last 52 weeks alone, which is the type of trend that can indeed make people rich. Finally, though, part of becoming rich is having solid risk awareness - and with an asset as volatile as Bitcoin, it’s important never to invest more than you can afford to lose - because assets that rise in price rapidly can drop in price just as rapidly.