Bitcoin is not about getting rich fast, do People agree?

[Osiokwudiri]

I believe you totally. It is just a way of ensuring good security in your finances.

[SmartCharpa]

I believe this is the question in the minds of many Nigerians. In the beginning, most people arrived at Bitcoin with the hopes of making a quick buck. Some benefited from the bull market and many were disappointed with the sudden change in price. With these experiences, people have slowly become realistic.

Due to inflation in Nigeria, the devaluation of the naira and banking restrictions, people are now beginning to view not only Bitcoin as a profit, but also as a security. When the value of your money is decreasing every day, it becomes more important that you hold on to something for the future rather than get rich quick. Yet the truth is that the get rich quick mentality is still out there. Especially among the young, there is more pressure, less jobs, more responsibilities. So they look for shortcuts. But Bitcoin doesn't like shortcuts. It is patience, consistency and a learning mindset that is real here.

In my personal opinion, many people are now beginning to understand that Bitcoin is not magic. It takes time, it teaches, and rewards those who can survive. The conversation is slowly shifting. From Getting Rich Quick to The Rich Future. And that's where the true value of Bitcoin is.

The way Bitcoin price has been moving around $80k to $90k for this past few months, it’s a good sign for people to understand that it’s not a way to get rich quickly, there are many things to be sacrificed in order to be successful in Bitcoin investment. We need to sacrifice our time to learn how Bitcoin works, and the patient to hold for a long time. Bitcoin is not the kind of investment for one to just get rich over a night, there is not shortcuts to success.

However, I don’t think see all this ones as an excuses, lack of job opportunities or more responsibilities does not mean you should invest in a short time to lose more money, unless the person want to be scamming people for a living, otherwise, I don’t see any shortcuts for someone to make money in this country, you need to work hard to have patient my broda.

[Jubilee58]

Bitcoin investment is not for the impatient. Many people who  delved into bitcoin with the purpose of getting rich within a short period of time could not succeed because they were getting bitcoin wrong. Whoever that wants to invest in bitcoin should be able to understand how bitcoin investment works, know the principles behind bitcoin investing, as prior knowledge to bitcoin investing will actually guide you and enable you to make informed decision as you venture into bitcoin investment.

Investing in bitcoin can be very rewarding, but only when when you invest for long term purpose. In the history of bitcoin investing, the long term investors have made the most astonishing profit rather than short term investors. Some long term investors have kept their bitcoin close to a decade or more making them record significant profit in their bitcoin investment.

In every business venture, patience and determination is a key, and this is the more reason why those who are patient with their bitcoin investment are actually making it big.

[ASloveapg]

In my personal opinion, many people are now beginning to understand that Bitcoin is not magic. It takes time, it teaches, and rewards those who can survive. The conversation is slowly shifting. From Getting Rich Quick to The Rich Future. And that's where the true value of Bitcoin is.

Actually Bitcoin is not a get rich scheme, but an investment that involves patience and perciverence. Just that some people are inpatient and lacks basic understanding about Bitcoin, anybody with full knowledge about Bitcoin will never invest and expect or hope for quick return. Bitcoin definitely needs time and a long duration of time to be able to make profit.

Yeah, bitcoin isn't a means to get rich quickly, and that's the main reason why we should always use the money we can afford to lose or discretionary income to invest in bitcoin so that we can be patient enough to hold our bitcoin for a full circle or more for us to have a good opportunity of getting the profits that will give us financial freedom.

Uncertainty applies to every field, nothing ever guarantees us success, and this is the main risk, we always have to be able to take this risk and then invest. Those who invest with money that they cannot afford to lose, cannot tolerate the natural fluctuations of the market and ultimately lose by making decisions at the wrong time. And this is why we have to invest using such money, so that we can at least refrain from making wrong decisions. Because if we want to achieve good results by investing here, we have to hold it for the long term, and to hold it for the long term, we have to think about our own ability first.

[Asiska02]

In my personal opinion, many people are now beginning to understand that Bitcoin is not magic. It takes time, it teaches, and rewards those who can survive. The conversation is slowly shifting. From Getting Rich Quick to The Rich Future. And that's where the true value of Bitcoin is.

Bitcoin was never a get rich quick initiative, it was people who saw it as such and had to use it to sell bitcoin come in order to persuade those that want to join bitcoin investment. It was never a get rich quick scheme and till date that has been what it has been working on as a currency/asset to depend on. Bitcoin always rewards the patient ones, this is a major sign that Bitcoin is going to continue to favor them and not those that see it as a get rich quick scheme. Bitcoin is a valuable asset that we should hold on to, from inception till now should have thought a lot of good lessons to actually learn from. Just remain patient and true to your bitcoin investment and you will be rewarded handsomely in the soonest.

[Makus]

Even though there are people that made fast money through trading bitcoin it doesn't mean that everyone is going to make it through the same means and besides that's trading. when it comes to bitcoin investment you must understand that you cannot get money from it because it is not a ponzi scheme. it takes time to accumulate and hold, only those that are patient can actually wait until they make profit before selling. if you consider getting rich fast then you are only going to end up being disappointed because that's not how the market works

[Pablo-wood]

Even though there are people that made fast money through trading bitcoin it doesn't mean that everyone is going to make it through the same means and besides that's trading. when it comes to bitcoin investment you must understand that you cannot get money from it because it is not a ponzi scheme. it takes time to accumulate and hold, only those that are patient can actually wait until they make profit before selling. if you consider getting rich fast then you are only going to end up being disappointed because that's not how the market works

Fast money through trading? I don't think so; no true money making process is completely easy. Just like the regular bitcoin investment trading too requires patience, long term consistency and dedication. Although investing in Bitcoin might seem more safer than trading yet it still has it's own risk, it's just the determination to hold that makes most difference.

[Grace333]

Even though there are people that made fast money through trading bitcoin it doesn't mean that everyone is going to make it through the same means and besides that's trading. when it comes to bitcoin investment you must understand that you cannot get money from it because it is not a ponzi scheme. it takes time to accumulate and hold, only those that are patient can actually wait until they make profit before selling. if you consider getting rich fast then you are only going to end up being disappointed because that's not how the market works

Yeah, that is very true. People always talk about those few who made quick money and think that is a standard thing, forgetting that it is trading, not investing. Two different thing entirely. Just because someone claim to caught a fast move does not mean the next person will, and most of the time it does not even end well trying to chase that kind of luck.

Bitcoin was never meant to be a get rich quick thing. It is not a ponzi like you said. The idea is more or time and patience investing and holding..

[iBaba]

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Bitcoin was never a get rich quick initiative, it was people who saw it as such and had to use it to sell bitcoin come in order to persuade those that want to join bitcoin investment. It was never a get rich quick scheme and till date that has been what it has been working on as a currency/asset to depend on. Bitcoin always rewards the patient ones, this is a major sign that Bitcoin is going to continue to favor them and not those that see it as a get rich quick scheme. Bitcoin is a valuable asset that we should hold on to, from inception till now should have thought a lot of good lessons to actually learn from. Just remain patient and true to your bitcoin investment and you will be rewarded handsomely in the soonest.

We are in 2026, I believe people should have outgrown such thoughts by now that they can just sleep as poor people and wake up billionaire over the night because they entered into a trade or an investment in bitcoin. Bitcoin is not going to make them such kinds of fortunes especially when they had little investments, it is not going to work and the earlier we refine our thoughts about issues like this the better it is for our learning process.

This narrative usually come from people who used to hype just to attract others and probably to sell quickly. People need to know that since the inception bitcoin has been about long term value and an asset that is dependable and not some schemes that turns people billionaires over night , however bitcoin has also been known for its ability to reward patience for those who invested and stayed in the market over a long period of it.