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Author Topic: Why most beginners so much believe bitcoin can make rich  (Read 743 times)
Josefjix
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May 23, 2024, 05:32:11 AM
 #61

Getting rich through Bitcoin might not be the problem for them but the main issue there is how much do they have? Growing through Bitcoin as a beginner you really need to have a lot of money, and you still need to be patient. Well it's quite obvious that many newbies in crypto are the type that can't hold Bitcoin because most of them lack he knowledge about the process of holding and accumulating. And lastly, they don't know the strategy (pattern) they can use to gain from Bitcoin.
Beliefs and determination works in the life's of beginner's in the market. We have different pattern to evolved in the space, doing the necessary movement to skyrocket to the moon. The space is filled with volatility and we ought to be careful inother not to catch up with huge losses which will bring negative effects on our portfolio. Beginners have observed and watch the positive influence of bitcoin in the life's of their colleagues and also traders. This scenario have pave path for another dimension where we tend to watch the humongous growth of people and its clearly the criteria needed to convinces or persuade anyone to invest in bitcoin.

R


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AmaGold70
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May 23, 2024, 03:38:21 PM
 #62

Na why em be sae any newbie wey you wan introduce for bitcoin investment or the one wey don invest on am already, you need to tell them the risk wey d involve and how volatile the market dey so that them no go carry hope put for bitcoin to make them rich in a short time.

I think the cause of everything na because newbies are not informed about how bitcoin  investment d properly. Na why em be sae them they carry a wrong belief about bitcoin investment to make them rich quick.

To minimize this wrong beliefs wey newbies get for bitcoin, em go d good if we can take as a duty to the lecture newbie about what and what they shouldn't expect from their bitcoin investment. By doing that alone, I think it will go a long way for them to be less bothered when bitcoin price is declining in price or not going by their plans to make them rich in short time.
You dey very correct for this talk wey you talk, even for social media the way some self acclaimed Bitcoin Lord dey brag how Bitcoin made Dem rich without a short period of time, Dem no dey really explain the risks and losses wey dey involved to invest in Bitcoin. E get one Bitcoin guru wey I dey follow for social media and em dey only gist us about the profits em dey get and 90% of his followers has this belief that Bitcoin makes you rich instantly. Even for forum here sef, oldies no dey really lecture us for this thing and e no good.
CryptoHeadlineNews
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May 26, 2024, 03:37:19 PM
 #63

To minimize this wrong beliefs wey newbies get for bitcoin, em go d good if we can take as a duty to the lecture newbie about what and what they shouldn't expect from their bitcoin investment. By doing that alone, I think it will go a long way for them to be less bothered when bitcoin price is declining in price or not going by their plans to make them rich in short time.
You dey very correct for this talk wey you talk, even for social media the way some self acclaimed Bitcoin Lord dey brag how Bitcoin made Dem rich without a short period of time, Dem no dey really explain the risks and losses wey dey involved to invest in Bitcoin. E get one Bitcoin guru wey I dey follow for social media and em dey only gist us about the profits em dey get and 90% of his followers has this belief that Bitcoin makes you rich instantly. Even for forum here sef, oldies no dey really lecture us for this thing and e no good.
Yes, Na true say 99.9% of newbies wey dey see Bitcoin as gateway to financial freedom, nah those wey got introduced into it without a clear understanding how the whole stuff works, because the truth be say, nobody with a sound knowledge how this thin works no go fit expect magic overnight. While secondly, when it comes to social media influencers or content creators not speaking about the opposite side of Bitcoin, but rather always profit. The truth be say most of these influencers make video for the views, and as such always post what people want to see, and not the real truth, which is why when it comes to social media contents, I will always people to not to always believe them 100%.

R


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RockBell
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May 27, 2024, 11:01:22 AM
 #64

Getting rich through Bitcoin might not be the problem for them but the main issue there is how much do they have? Growing through Bitcoin as a beginner you really need to have a lot of money, and you still need to be patient. Well it's quite obvious that many newbies in crypto are the type that can't hold Bitcoin because most of them lack he knowledge about the process of holding and accumulating. And lastly, they don't know the strategy (pattern) they can use to gain from Bitcoin.

I had a similar conversation with a friend if you take a look at all these business owners they did not start their businesses with a small amount of money, and if you come to look at it they invested when little money still had value, it was to their favor and they have built their selfies empire and they have made their self billionaire and created a generation wealth for their entire family and that is why you see that they continue to become rich that was the whole aim. and that is exactly related to Bitcoin if you are investing a huge amount of them you should at the same time have a huge profit in return. and starting up as a beginner comes with a lot of challenges even doubting, you will feel the money is not coming on time. and when you know you will have fewer worries about your investment and that is among the reasons you need to go for the knowledge before investing because you will have good control over everything.

Beliefs and determination works in the life's of beginner's in the market. We have different pattern to evolved in the space, doing the necessary movement to skyrocket to the moon. The space is filled with volatility and we ought to be careful inother not to catch up with huge losses which will bring negative effects on our portfolio. Beginners have observed and watch the positive influence of bitcoin in the life's of their colleagues and also traders. This scenario have pave path for another dimension where we tend to watch the humongous growth of people and its clearly the criteria needed to convinces or persuade anyone to invest in bitcoin.

Yes don't just start and the next thing you are already giving up you have to have goals and the same time be determined and take them seriously I always notice that different people have different strategies adopted in the market. it is best to find what works for every individual. and if you handle the market well with a huge capital then you will have a good lead then the market and you train your self to be a built professional when it comes to trading. and all the challenges that Bitcoin comes with are something that can be handled even emotionally because I came to understand that being smart is an advantage so grabbing the opportunity to trade and then making use of it wisely will show in your profits.

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