Bitcoin investment doesn't guarantee you richness

[nemesis_incarnate]

The words are true and I agree with you. Bitcoin is basically an asset that can be a big financial support for someone's future. One should not easily sell Bitcoin if he has other means to meet his daily expenses. Because as time goes by, Bitcoin will become more and more expensive and then it will become very difficult for a person to buy and save Bitcoin. So there is still time to save Bitcoin. Those who will invest in Bitcoin only for a short time will not get the real benefits of Bitcoin investment. The only ones who get the real benefits of Bitcoin are those who hold it until met their target

Depends on the target and the budget, too.

Those who are resilient enough will surely see their investment prosper - BTC is no pump coin; It's a coin with the strongest and sincerest goals and values out there, so it is wise to play it safe and keep investing patiently before the targets are reached.

[PetieT]

Absolutely agree. Too many people dive into Bitcoin thinking it’s a quick way to get rich, especially when they’ve only heard the hype without understanding the risks. I’ve seen similar cases — friends who thought they’d double their money in days, only to panic when the price dropped

It’s important to give a balanced view. Platforms like FortuixAgent actually do a decent job providing info and tools for beginners — not just the flashy "get rich" stuff, but also the risks, trends, and long-term perspective. Before jumping in, people need to educate themselves and not rely solely on hype or random advice at a bar.

[Mrbluntzy]

The words are true and I agree with you. Bitcoin is basically an asset that can be a big financial support for someone's future. One should not easily sell Bitcoin if he has other means to meet his daily expenses. Because as time goes by, Bitcoin will become more and more expensive and then it will become very difficult for a person to buy and save Bitcoin. So there is still time to save Bitcoin. Those who will invest in Bitcoin only for a short time will not get the real benefits of Bitcoin investment. The only ones who get the real benefits of Bitcoin are those who hold it until met their target

Depends on the target and the budget, too.

Those who are resilient enough will surely see their investment prosper - BTC is no pump coin; It's a coin with the strongest and sincerest goals and values out there, so it is wise to play it safe and keep investing patiently before the targets are reached.

Does bitcoin have a specific target to be reached? in my opinion I haven't seen or heard this anywhere however, investing as much as you can when you're able to do so is the most important thing one can since bitcoin moves can't be predicted it's best to buy at any given moment, with a long term vision.

I also agree with leonair to a great extent, those who holds their bitcoin or stash for a long time stands a better chance to benefit from the market than those who are selling now however, some of those who are selling at this point might have been in so much profit, especially those who but at 1000$ to 10000$ price range it's normal to sell because they already have a good profit which we may not be able to reach now especially those if us who bought at a relative high price.

[$crypto$]

It's true and no one can practically question why the systems operates that way.Firstly, Bitcoin is not a get rich quick scheme,it later falls in the category of been an investment whereby investment
are largely risked engagements.The impact of volatility effects in Bitcoin makes it difficult to guarantee extreme wealth for investors.

At least he already knows that in the long run investors can be rich but it will take a long time, maybe the next 10 years, because there is no short investment directly rich.
All investments have risks, especially bitcoin has high volatility, so don't panic if the market is crashing if you survive with BTC coins then he will be the winner in the future.

[Josefjix]

Absolutely agree. Too many people dive into Bitcoin thinking it’s a quick way to get rich, especially when they’ve only heard the hype without understanding the risks. I’ve seen similar cases — friends who thought they’d double their money in days, only to panic when the price dropped

You don't need to blame those guys though because that's what you too may think the first time you heard about crypto investment and how it made investors some high profits, you know, on social media, or any other outlets, no body talks about how much they loss off Bitcoin investments but only the sweet profits they talk about even if it's be lies.

I only believe those that wants to learn more will certainly enroll herself into the crypto classes to know what it takes to attain greater height in the crypto investment game, these are the patiency behavior, consistency, consecutive accumulation on the quantity of Bitcoin and more to be lectured.

[uneng]

At least he already knows that in the long run investors can be rich but it will take a long time, maybe the next 10 years, because there is no short investment directly rich.
All investments have risks, especially bitcoin has high volatility, so don't panic if the market is crashing if you survive with BTC coins then he will be the winner in the future.

Bitcoin investment must be always made with long term goals in mind. It's a big mistake to buy Bitcoin expecting it will be possible to sell everything in the following few months. Sometimes it takes years until an investors sees progress being made through his BTC investments, depending the moment he entered the market.

The best moment to start an investment is during the bearish season, and the worst moment is during the peak of bullish season. However, if the investor doesn't know how to notice these moments in crypto market, what he can do is to start investing through a DCA strategy.

Despite the risks faced when investing in Bitcoin, it has totally worth if we take history into consideration. Of course we can't predict the future, but there are good chances Bitcoin is still going to do pretty well compared to other investments and fiat currencies which melt each new year due to inflation.

[Swordsoffreedom]

In reality, no one really knows if the golden days are over or not. Bitcoin, unlike stocks, has no limit to its growth. In the past, people could not imagine that the price of Bitcoin would cross the $100K mark, and this happened only 16 years after Bitcoin was created. Some successful people are saying that the price of Bitcoin will cross the $1M mark. It's up to everyone to believe it or not, but it's important to realize that there are risks independent of us that can have a negative impact on the price of Bitcoin. Therefore, invest only money that you will not regret losing.

Even if bitcoin reaches $1 million, it will only give a 10x return from its current price, and if we invest $10k, the return will only be $100k. This is also a huge profit, but years ago, it took bitcoin only 1 cycle to bring that profit. But as things stand, I don't think bitcoin will hit $1 million in the next 4 years.

Any asset as it grows big and matures, volatility and returns will gradually decrease, Bitcoin is no exception and it is experiencing that. We cannot expect bitcoin to increase 2000% or 3000% in this cycle like what it did in previous cycles. Volatility is getting smaller but in return it is getting safer.

[Ricardo11]

In reality, no one really knows if the golden days are over or not. Bitcoin, unlike stocks, has no limit to its growth. In the past, people could not imagine that the price of Bitcoin would cross the $100K mark, and this happened only 16 years after Bitcoin was created. Some successful people are saying that the price of Bitcoin will cross the $1M mark. It's up to everyone to believe it or not, but it's important to realize that there are risks independent of us that can have a negative impact on the price of Bitcoin. Therefore, invest only money that you will not regret losing.

Even if bitcoin reaches $1 million, it will only give a 10x return from its current price, and if we invest $10k, the return will only be $100k. This is also a huge profit, but years ago, it took bitcoin only 1 cycle to bring that profit. But as things stand, I don't think bitcoin will hit $1 million in the next 4 years.

Any asset as it grows big and matures, volatility and returns will gradually decrease, Bitcoin is no exception and it is experiencing that. We cannot expect bitcoin to increase 2000% or 3000% in this cycle like what it did in previous cycles. Volatility is getting smaller but in return it is getting safer.

I agree with you, we can never expect huge returns from Bitcoin investment like in the past, Bitcoin has been the most successful investment in the last 15-16 years, and Bitcoin is already very valuable, although Bitcoin will be more valuable in the future, we will not get as much return as before. The future of Bitcoin is bright but it is no longer a magical way to get rich quick, although nothing is certain, but we should not expect anything too extraordinary.
However, the price of Bitcoin will always be volatile, and Bitcoin will continue to be valuable with this volatility, and $10M in the future is also not impossible, so it is the right decision to continue investing in Bitcoin consistently with a long-term view.

[cr1776]

They're some misconceptions beginners in cryptocurrency investment especially Bitcoin normally do and also think during investing in bitcoins, especially people that has not invested in cryptocurrency before,  some people think that immediately you venture into bitcoins investment you're rich, but such concept or ideology is not real..

I want us to let our siblings, loves one's know the advantages and disadvantages of investing in bitcoins, before they venture into cryptocurrency investment especially Bitcoin...because I was in a Bar taking some bottles, a woman came, she starting complaining to her friend how one of her lured her to invest on Bitcoin during the time bitcoins hits hundreds thousands [100k] and after investing in bitcoins at 100k price, then bitcoins price began to fall, to the extent that price of Bitcoin currently is at eighty-four thousands [84k]

So the woman that informed her of Bitcoin investment brainwashed her with motivational hopes of doubling what she invested within one week, so obviously the woman thought that she has become rich after she invested on Bitcoin.

Summary Do not tell people who has not invested on Bitcoin only the positive side of Bitcoin investment, also give them or tell them the more of the negative of Bitcoin, let them know that price of Bitcoin is not constant it always fluctuating, so that they will not having such mind of becoming rich they have invested in Bitcoin with a short time.

A longer timeframe than 1 week is certainly necessary.  Anyone saying you could "double your money in one week" is not reasonable.  Likewise, anyone who believes that is not being prudent.   Buy (or mine) and hold for a few years and if the past is any indication you will do well over time.  Short term trading riches are possible if you are very lucky, but long term holding is the key.

[cr1776]

In reality, no one really knows if the golden days are over or not. Bitcoin, unlike stocks, has no limit to its growth. In the past, people could not imagine that the price of Bitcoin would cross the $100K mark, and this happened only 16 years after Bitcoin was created. Some successful people are saying that the price of Bitcoin will cross the $1M mark. It's up to everyone to believe it or not, but it's important to realize that there are risks independent of us that can have a negative impact on the price of Bitcoin. Therefore, invest only money that you will not regret losing.

Even if bitcoin reaches $1 million, it will only give a 10x return from its current price, and if we invest $10k, the return will only be $100k. This is also a huge profit, but years ago, it took bitcoin only 1 cycle to bring that profit. But as things stand, I don't think bitcoin will hit $1 million in the next 4 years.

Any asset as it grows big and matures, volatility and returns will gradually decrease, Bitcoin is no exception and it is experiencing that. We cannot expect bitcoin to increase 2000% or 3000% in this cycle like what it did in previous cycles. Volatility is getting smaller but in return it is getting safer.

I agree with you, we can never expect huge returns from Bitcoin investment like in the past, Bitcoin has been the most successful investment in the last 15-16 years, and Bitcoin is already very valuable, although Bitcoin will be more valuable in the future, we will not get as much return as before. The future of Bitcoin is bright but it is no longer a magical way to get rich quick, although nothing is certain, but we should not expect anything too extraordinary.
However, the price of Bitcoin will always be volatile, and Bitcoin will continue to be valuable with this volatility, and $10M in the future is also not impossible, so it is the right decision to continue investing in Bitcoin consistently with a long-term view.

There is a reasonable chance of seeing another order of magnitude or two fiat price appreciation in the future which is certainly nothing to sneeze at.  Everyone should own some bitcoin (I used to say own 10 or 20 or more but that ship has sailed) in order to protect oneself.  Even now, owning some bitcoin as a diversification measure is prudent.

[Cpt_reader]

Of course, Bitcoin is a strong coin compared to any other coin. Getting rich is actually a matter of luck. If you hurry to sell after buying, then it will not happen. You can never think of selling at a loss. The target should be to buy for 1 thousand dollars and sell for 5 thousand dollars. Those who bought for 25k and sold for more than 100k are successful. You have to wait for the right time, if you work with understanding the time, then success will come.

[Redley555]

Nothing guarantees anybody richness, everything depends on your hard work, inputs and the ability for you to accept losses, a lot of people should come to terms with the disadvantages of Bitcoin just like every other businesses out there.

It can't be all rosy but with proper learning, perseverance, consistent and patience you will by a large margin get to the top

[Redley555]

The words are true and I agree with you. Bitcoin is basically an asset that can be a big financial support for someone's future. One should not easily sell Bitcoin if he has other means to meet his daily expenses. Because as time goes by, Bitcoin will become more and more expensive and then it will become very difficult for a person to buy and save Bitcoin. So there is still time to save Bitcoin. Those who will invest in Bitcoin only for a short time will not get the real benefits of Bitcoin investment. The only ones who get the real benefits of Bitcoin are those who hold it until met their target

Depends on the target and the budget, too.

Those who are resilient enough will surely see their investment prosper - BTC is no pump coin; It's a coin with the strongest and sincerest goals and values out there, so it is wise to play it safe and keep investing patiently before the targets are reached.

I agree with you right there, a lot of people want it fast thereby leading to loss, Bitcoin has come to stay i implore us to be patient and consistent.

[TheUltraElite]

Of course, Bitcoin is a strong coin compared to any other coin. Getting rich is actually a matter of luck.

Getting rich in speculative trading needs luck, not in jobs or business.

There are people who made money from bitcoin and some from altcoins. Then there are people who lost in bitcoin and altcoin. But what I have seen is that altcoins have performed poorly over bitcoin in their inception.

There will be altcoins which exist, but bitcoin will always be there and be the first choice for the majority.

[Ullaa]

They're some misconceptions beginners in cryptocurrency investment especially Bitcoin normally do and also think during investing in bitcoins, especially people that has not invested in cryptocurrency before,  some people think that immediately you venture into bitcoins investment you're rich, but such concept or ideology is not real..

I want us to let our siblings, loves one's know the advantages and disadvantages of investing in bitcoins, before they venture into cryptocurrency investment especially Bitcoin...because I was in a Bar taking some bottles, a woman came, she starting complaining to her friend how one of her lured her to invest on Bitcoin during the time bitcoins hits hundreds thousands [100k] and after investing in bitcoins at 100k price, then bitcoins price began to fall, to the extent that price of Bitcoin currently is at eighty-four thousands [84k]

So the woman that informed her of Bitcoin investment brainwashed her with motivational hopes of doubling what she invested within one week, so obviously the woman thought that she has become rich after she invested on Bitcoin.

Summary Do not tell people who has not invested on Bitcoin only the positive side of Bitcoin investment, also give them or tell them the more of the negative of Bitcoin, let them know that price of Bitcoin is not constant it always fluctuating, so that they will not having such mind of becoming rich they have invested in Bitcoin with a short time.

A lot of people still think Bitcoin is some type of get rich quick gimmick. They see the success stories online or hear about people making enormous money and just rush in without comprehending how volatile the market truly is

I’ve seen friends lose money because they bought at the high expecting it would keep growing. We absolutely need to teach our loved ones both the good and bad sides of crypto.  It’s not magic it’s investing and just like any other market, it comes with risk. Better to go in with full understanding than blind hope.

[askii]

From a mechanical-design standpoint, Bitcoin is almost objectively the most superior store of value asset that has ever existed, and for the majority of people, that is the best use of it.

Unless you actually know what you're doing with trading and all of that, I think the best advice to give a newbie is to treat BTC like an on-the-side "savings account" of sorts... If you can ignore the short term volatility and just DCA (stack those sats), over the long term, basic economics is in your favour, a fundamentally deflationary asset will always beat inflationary currencies. Unless there is a devastating collective loss of trust in bitcoin (watch out for those patoshi coins moving when quantum is a problem), demand will likely continue to grow and this idea will hold.

As many have said, patience is key. It's hard to be patient... but large scale global Bitcoin adoption is an incredibly long term process. Even starting now, if you consistently save and accumulate over the next 10-20 years, I think the prospects are very strong (other SoV capital flows into BTC). Generally speaking as well, stacking sats can make huge price dips a lot easier to ride out, rather than trying to time the market and "double your money" 

[Rockstarguy]

Of course, Bitcoin is a strong coin compared to any other coin. Getting rich is actually a matter of luck.

Getting rich in speculative trading needs luck, not in jobs or business.

There are people who made money from bitcoin and some from altcoins. Then there are people who lost in bitcoin and altcoin. But what I have seen is that altcoins have performed poorly over bitcoin in their inception.

There will be altcoins which exist, but bitcoin will always be there and be the first choice for the majority.

It is very certain to make a good amount of money from Bitcoin, but depending on Bitcoin to become rich is not that easy. One must be ready to HODL for the long term and be prepared to accumulate Bitcoin aggressively. Bitcoin has the potential for a good return as long as one is ready to HODL Bitcoin. The challenge some people always have with Bitcoin is that they are not ready to HODL for long or accumulate Bitcoin, yet they want to make a reasonable amount of profit from it.

If one is willing to invest, it is very likely to make a profit from Bitcoin, but in most altcoins, getting profit is not guaranteed because altcoins are unpredictable for profit.

[JoyMarsha]

Absolutely agree. Too many people dive into Bitcoin thinking it’s a quick way to get rich, especially when they’ve only heard the hype without understanding the risks. I’ve seen similar cases — friends who thought they’d double their money in days, only to panic when the price dropped

The thought of Bitcoin investment as a get-rich scheme is where the majority of investors who come into the crypto space newly are getting it wrong on Bitcoin investment.  People are not being told the truth that Bitcoin investment is a long-term investment that needs patience to see profits from the investment made. Because no such instructions are passed to them, instead, the positive side of Bitcoin is lectured to them. Seeing the opposite, in the long run, gets them heartbroken because they think of such scenarios of losing their investment.

[Ricardo11]

Absolutely agree. Too many people dive into Bitcoin thinking it’s a quick way to get rich, especially when they’ve only heard the hype without understanding the risks. I’ve seen similar cases — friends who thought they’d double their money in days, only to panic when the price dropped

The thought of Bitcoin investment as a get-rich scheme is where the majority of investors who come into the crypto space newly are getting it wrong on Bitcoin investment.  People are not being told the truth that Bitcoin investment is a long-term investment that needs patience to see profits from the investment made. Because no such instructions are passed to them, instead, the positive side of Bitcoin is lectured to them. Seeing the opposite, in the long run, gets them heartbroken because they think of such scenarios of losing their investment.

To achieve success from Bitcoin investment, a investor must do it hold for the long term, and if an investor ignores this fact in the first place, and buys Bitcoin to achieve short-term profits, then it will definitely cause huge losses for him. Bitcoin is the most profitable investment, but it will only be effective for you if you hold it in the long term. Nothing good can ever be expected by holding it in the short term, because Bitcoin is very volatile in the short term. So, a investor have to consider everything carefully first, real success will come in the long term, and if investor do not have the ability to hold it in the long term, then he should ignore it, because in the short term, Bitcoin is more volatile and risky than expected.

[OrangeCoinGood]

Bitcoin investment doesn't guarantee you richness

That's deep.  It never crossed my mind.