DiMarxist
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August 31, 2024, 10:53:41 PM |
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Financial responsibilities varies and mine will always be different from others so I don’t have to equalize my investment with anyone. In bitcoin investment it’s good you invest with the little you have and stay satisfied rather than pressuring yourself, if you’re the type that always receive salary monthly you plan ahead and invest using the dca. If people should start following everybody footstep before investing then they might not make any profit, bitcoin investment is not all about competition or coequal before you make profit.
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_BlackStar
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August 31, 2024, 10:54:08 PM |
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I believe that by studying and adopting the patterns of successful people, it opens up opportunities for us to be like them, although not exactly the same. Indeed, in reality, there is no secret to success that is shared in detail, it is just a trick from motivators I think, but by studying the success factors of others can provide a complete picture to follow in their footsteps. Sometimes we have to acknowledge the greatness of others and lower our egos, in order to make it easier for us to learn important things from them, or also make them mentors. Sitting at the table with successful people allows you to follow in their footsteps - but if you don't get anything of value, then that's your fate. Successful people can basically be role models for others around them - especially for those who are building their own path. You don't have to be exactly like them - but there are some important lessons you can learn from how they achieved success. In essence, everyone success is different, but in general the supporting factors remain the same, intelligence, consistency, and capital are things that are really needed. The standard of success for each person is also different, but in general everyone wants to have stable finances, so that they can guarantee the fulfillment of basic needs and access to good education for their children later. I think it is not wrong to learn from other people experiences, because it is a very valuable knowledge. Your social status including job, income, possessions and wealth are symbols of success. You will be said to be successful if you have a good income in a month - have a growing business and have anything that poor people do not have. There are many kinds of success - but your success will be recognized when you are rich.
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Orpichukwu
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August 31, 2024, 10:55:44 PM |
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Talking about earning the same income with others is as if it's a competition that the person is doing with others, which it's not supposed to be so. The best thing to do is for the person to learn how to invest and the right time to invest and not to think about getting an equal investment reward. Whatever the person realises as profit, they should be content with it because their source of income with the other person is not the same.
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Rruchi man
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August 31, 2024, 11:13:59 PM |
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if other people are using $100k to invest in cryptocurrency or bitcoin investment in a due season and you are using $20k to invest in the same season with them, do you think you can earn the same income with them when you sell in the same time? No, you need to ask some questions about their capital before you can earn what they are earning in the bull season.
You should not compare whatever you earn from your investments with what another person earns from their investment. Their investment is theirs, and yours is yours, and that is what you should focus on. Learn how to make investment decisions based on your research, not based on the fact that other people are investing there. If you focus on another person and what they are investing, which may be an amount they can afford to lose, you may be under pressure to invest more than you can lose, which is taking more risk than you can accommodate, or invest in a cryptocurrency that you see others investing heavily in without your own research.
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mirakal
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August 31, 2024, 11:41:26 PM |
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I think it’s better to see it this way: Improve yourself so that you are needed and paid more. Having skills would help you be paid more. You need to have your goal set with what you want to earn.
It would help if you made time to improve yourself and then work harder. The amount of input you provide will always determine the payoff. It’s also great to work smart.
You are right. Also, it's not about who profit more and how much profits you have been earning, but it's all about how long can you stay in the crypto market consistently make profits, knowing not everyone is capable to take the risk in the market, and those who profit more at first might only be good in the beginning but are consistently losing already in the end.
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CK485
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August 31, 2024, 11:56:19 PM |
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Talking about earning the same income with others is as if it's a competition that the person is doing with others, which it's not supposed to be so. The best thing to do is for the person to learn how to invest and the right time to invest and not to think about getting an equal investment reward. Whatever the person realises as profit, they should be content with it because their source of income with the other person is not the same.
Yes, it is true, although someone's luck will not be the same, at least we try to determine the direction of our future life, to invest like other people while there is an opportunity to invest is very important to advance ourselves, the important thing is that we continue to learn for the future and that is necessary before we regret it.
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Dr.Osh
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September 01, 2024, 05:32:09 AM |
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Well, some people dream of getting big profits and the same as others, but with minimum capital. That is difficult, unless those people enter at a really low price, and then sell it at a really high price. However, it all depends on how much capital is spent. However, it is a very basic thing, where the more capital you spend, the higher the potential profit you can get. However, there are still many people who do not understand because they only see screenshots of those earnings, or are amazed by the story of the person who has succeeded in starting it from a very small number. However, everything takes money and time.
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Yatsan
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September 01, 2024, 06:48:31 AM |
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There is something some people don't understand in cryptocurrency or bitcoin investment, before joining or investing their money to earn the same income like other people, if other people are using $100k to invest in cryptocurrency or bitcoin investment in a due season and you are using $20k to invest in the same season with them, do you think you can earn the same income with them when you sell in the same time? No, you need to ask some questions about their capital before you can earn what they are earning in the bull season. If you see them buying cryptocurrency or bitcoin in the bear season, join them to buy when you have the money but if you don't have the money, you can invest according to your capacity and you will earn income but you are not going to earn the same income with them, but the most important thing in cryptocurrency or bitcoin investment, make sure you invest in the right time with those you want to earn the same income with and you will get the same result with them.
I think that there might be a difference in your return for every cryptocurrency, say Bitcoin, based on how much money is being invested into it. For instance, suppose another investor puts $100,000 and you invest just $20,000, assuming this for profitable growth investment. In that case, the absolute values of return to be obtained by the high net worth investor will be higher, though per cent-wise, both may be the same if the prices of assets keep getting normalized. Then there is timing, which also plays a major role buying in a bear market-in case prices are low-can be profit-making upon its rebound and similarly, investing in a bull market, when prices are rising, pays in big money. As for investments, I also think that it is vital to make your investment strategy about market conditions and your financial strength accordingly. This can be better achieved by timing your investment and managing your risk in tune with your objectives, but it is always important to keep in mind that if you predict market trends correctly, that's a problem. Well, some people dream of getting big profits and the same as others, but with minimum capital. That is difficult, unless those people enter at a really low price, and then sell it at a really high price. However, it all depends on how much capital is spent. However, it is a very basic thing, where the more capital you spend, the higher the potential profit you can get. However, there are still many people who do not understand because they only see screenshots of those earnings, or are amazed by the story of the person who has succeeded in starting it from a very small number. However, everything takes money and time.
In addition, a lot of people invest a lot of money to maximize returns, which is pretty difficult. In order to have a high return on a small amount of money, one has to invest at a very low price, then sell it at an increased price, which hardly ever happens and is hard to find on time. The potential return generally increases with the amount of money invested. Unfortunately, many people have forgotten this basic principle by setting their eyes on iconic financial pictures or inspirational success stories of those who started with less than a few coins. Understand that large economic developments often need great capital and time.
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Kelward
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September 01, 2024, 06:49:16 AM |
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Making money is about time and chance meaning that you can be doing what others are doing but you will not earn the same amount like them. We shouldn't be in competition with others when it comes to making money because the person you're looking at might have another source of income that you're not aware of. A lot of people have knowingly or unknowingly engaged in dubious means to make money because they want to emulate the lifestyles and income generation of some people.
One of the reasons why I love Bitcoin investment is that you're not in competition with anybody when it comes to hodling. Both the rich and poor can buy according to their capabilities, it's an accommodating asset and no discriminations. Although you can look up to some people as a motivation to perhaps be diligent in your DCA method but it's not necessary that you must hodl at the same pace with them.
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mindrust
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September 01, 2024, 06:55:44 AM |
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It is all relative. I've seen people making it from $1k to $1 million and I've seen people going from $1 million to zero. Making money requires some luck and knowledge but keeping it requires mostly knowledge. After reaching $1 million, every day which you didn't lose money is a win. When you get that big, you become the big pie which other smaller fish want to take a bite out of.
Making $1k to $2k is easy. All you have to do is bet on the right coin. If you lose, you can try next week, or next month. Doubling $1 million into $2m, that's where it gets complicated.
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ethereumhunter
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September 01, 2024, 09:21:44 AM |
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We can not earns the same income like other especially in the Bitcoin investment because we uses different capital amount to buy Bitcoin and how long the times we will invest. But we can have the same opportunity to make a profit from Bitcoin investment especially if we can hold our Bitcoin until the high price or new ATH comes. If you buy Bitcoin in the bear season, you get the benefit by not worrying of the fluctuation of the price because when the price is pass your buy price, you only need to wait for the time when to sell your Bitcoin. Even if you use the same capital like other, that doesn't guarantee you will earn the same income because that will depends on the other things such as when you will sell your Bitcoin, what price you buy Bitcoin and other things.
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Accardo
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September 01, 2024, 10:27:27 AM |
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I have not seen investors who want to reap more than they sowed—by comparing their bitcoin holdings to earn like that of other buyers, who share similar buying rates, but different (higher) amounts. If I have 2btc—in a bull run, why would I think of earning more than a holder with 4btc? That’s bs. On average, no bitcoiner should think like this…the math is simple.
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Zanab247
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September 01, 2024, 03:24:46 PM |
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No real investors that want to remain in the same income he or she is earning from their investment, which is very common among investors. You can earn what other people are earning in the investment but you need to know the amount of money they are using to buy BTC or crypto in the bear market and you will surely earn what they are earning, when you sell when they are selling in the bull run.
Don't have such thing in mind to earn income like other people in this investment, because it sound like a competition to my understanding, because it has lead many people to collect loan to invest in BTC or crypto to earn what other people are earning but they ended up in regret, which is not good in this investment.
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Mpamaegbu
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September 01, 2024, 03:52:37 PM |
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... but the most important thing in cryptocurrency or bitcoin investment, make sure you invest in the right time with those you want to earn the same income with and you will get the same result with them.
Apart from not wanting to compare anyone's success to ours as that's not what this industry should be. Knowing the right time to invest and following it through isn't as easy as anyone will want to make it look. At best, we're all speculators in this industry. If we all know the exact time to invest and become profitable, there won't be any losses. In this industry, profit and loss co-exist. One gives rise to the other, interchangeably. The market is providing another opportunity for those who are still foot dragging to get in. They should be on the lookout for a price dump and then find their entry levels. September has proved to be a bearish month, and that's from historical fact. Except the dynamics will change anytime soon, otherwise I will remain bearish this September.
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Dr.Bitcoin_Strange
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September 01, 2024, 04:06:12 PM |
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I wonder who doesn't know those principles. Investors are aware or supposed to be aware that the amount of profit generated from their investment is based on the amount of capital that was also invested. For example, if the price of Bitcoin increases by 60%, the amount that that 60% will generate for an investor that had five Bitcoin will be different from an investor that had one Bitcoin. That's to say, 60% profit on $123k is different from 60% of $61k.
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Z_MBFM
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September 01, 2024, 04:15:00 PM |
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There is something some people don't understand in cryptocurrency or bitcoin investment, before joining or investing their money to earn the same income like other people, if other people are using $100k to invest in cryptocurrency or bitcoin investment in a due season and you are using $20k to invest in the same season with them, do you think you can earn the same income with them when you sell in the same time? No, you need to ask some questions about their capital before you can earn what they are earning in the bull season. If you see them buying cryptocurrency or bitcoin in the bear season, join them to buy when you have the money but if you don't have the money, you can invest according to your capacity and you will earn income but you are not going to earn the same income with them, but the most important thing in cryptocurrency or bitcoin investment, make sure you invest in the right time with those you want to earn the same income with and you will get the same result with them.
Your logic is completely correct, it is not possible to earn equal to others by using other's strategy or method because everyone's investment ability and risk taking ability are not equal. Due to which profit or income will not be equal. If everyone's income was equal then everyone would be equal financially due to which no one's good and bad condition could ever be considered through money. And with everyone having enough money, everyone would try to buy the highest good in the market, leading to inflation. Because money had no value then.
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Davidvictorson
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September 01, 2024, 06:46:43 PM |
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Is this topic about investing in Bitcoin to hold or investing in Bitcoin for trading purposes? I want to believe that most of us don't care what the other fellow earns. As people in the community, what we think about most is how to protect our assets, increase it through different means, and grow the community as well as other things. We do not go about measuring profit size or investment size. It is the quick way to a lot of mental health issues. As traders if this is what it means, even if you invest 20k you can still make a lot of profit as the dude who invest 100k , if you have other strategies other than just trading.
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Huppercase
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September 01, 2024, 07:22:32 PM |
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There is something some people don't understand in cryptocurrency or bitcoin investment, before joining or investing their money to earn the same income like other people, if other people are using $100k to invest in cryptocurrency or bitcoin investment in a due season and you are using $20k to invest in the same season with them, do you think you can earn the same income with them when you sell in the same time? No, you need to ask some questions about their capital before you can earn what they are earning in the bull season. If you see them buying cryptocurrency or bitcoin in the bear season, join them to buy when you have the money but if you don't have the money, you can invest according to your capacity and you will earn income but you are not going to earn the same income with them, but the most important thing in cryptocurrency or bitcoin investment, make sure you invest in the right time with those you want to earn the same income with and you will get the same result with them.
The Volatility of this market has made some people think this place is a paradise where you can sow a little amount of money and then you get something big in return and so many occurrence of people turning $1 to $10k and many more has make them believe that you can turn a small amount of money to a generational wealth and that's why you see that no matter how you tell people not to invest into meme coins, the more they flock into it. There is hard math's about crypto investment, the more you risk the more you are likely to get more money if the market actually goes well but don't forget that there is higb tendency of you losing more you invest more when things goes bad and when it's less, so it's and better for you when you invest in good faith of an amount you know you can afford to lose and not invest and start running for a way to recover from your losses.
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SatoPrincess
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September 01, 2024, 11:10:12 PM |
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make sure you invest in the right time with those you want to earn the same income with and you will get the same result with them.
This sounds like the perfect definition of FOMO. Investments should not be made based on fear of missing out. The idea of investing in something just because others are doing it is the quickest way to lose your money. Bitcoin is a volatile asset that mostly favors long term hodlers, it is important to know the risks of investing in such an asset and how to make the most out of the volatility of Bitcoin. To be successful in the crypto space, you cannot simply follow the herd and expect to be profitable. Doing your own research is a very big part of your success in the crypto space. I have learned that not investing is also part of investing.
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SamReomo
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September 01, 2024, 11:35:14 PM |
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Those who have high capital to invest in Bitcoin or any other asset will always end up making more money then the ones having 1/10th of that capital. It's a fact and everyone knows that, and that's why it's not something new.
The ones having buying power of $100k will always make more profits if they invest their money at right time in an asset as compare to the ones having $10k or $1k, but surely it depends on a trader's and investors skills.
Some traders and investors start from small capital of $1k and turn that into millions within few years while at the same time there are those traders and investors who begin with $100k or $1M capital and end up losing everything within years.
That's why I believe that only those who're good at trading and investing are the ones making real profit from crypto world or from any other market.
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