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

[gracreavix]

Bitcoin being a get-rich scheme is no longer a question to ask. Many people who have moved into Bitcoin investment have learn that, to be a successful investor in Bitcoin, you must learn to be patient, DCA, and learn to have a long-term investment mentality. Doing other things apart from that, the person wants to lose their investment and other good buying opportunities of Bitcoin at discount prices. As we know, Bitcoin rewards those who patiently wait, not those who survive, cause everyone would survive when the market goes south. But for us that will be patient will smile at the end 

Sure, You can't just invest in bitcoin and think you will be successful in a short them you need to be patient enough and invest for long term before you can successful in it. Nothing comes easily in life. Bitcoin is a good investment but you need to understand how he goes so that you won't feel bad. DCA method is one of the great things you can be doing in your investment and that will minimise your risk and get what you needs. Anyone that says you will get rich quickly in bitcoin investment is just trying to deceive you to invest in it and is more better you should be interesting in something first before engaging in it. If you need fast money I don't think bitcoin investment can  give you fast money but if is apologise term you can probably be successful in it.

No lies there tbh… Bitcoin nor be get rich quick kind of thing at all. If you rush am, na you go frustrate yourself.
Na patience person need to win for this game. Just dey follow your small small DCA, hold your mind, nor dey shake because of market move… na the real way be that.

Anybody wey dey promise you fast money for Bitcoin, just know say dem dey yarn rubbish. Long term na the real game.

[Nwadiche]

Having such mindset towards Bitcoin investment is not good , Bitcoin investment is not a get rich quick scheme , where you put a certain amount and get the result immediately, that is not Bitcoin investment, with Bitcoin you need tolerance , you need discipline, you need to be consistent, ,so the worst that can happen is having the mindset that once you invest today by tomorrow you are already a millionaire, you need the right mindset and focus on the future goal .

[iBaba]

The pressure of getting money quickly has made many youths to indulge in internet fraud popularly known as “yahoo yahoo”.But bitcoin has always been an asset that requires one to be patient in their holding,that’s why it’s not a get quick rich scheme.Unlike some projects in the crypto space that pump in a twinkle of an eye,but have a darkside in term of longevity.Bitcoin has stayed right from the beginning of it’s creation till date and the beauty of investing on it requires patience which may seem as a delay but it isn’t rather it’s a virtue.

The misconception in the past was that bitcoin is built on fraudulent activity. We used to think bitcoin investments and bitcoin trading is nothing but fraud and yahoo yahoo like the people call it. It is now we are beginning to realize that bitcoin is really a big alternative to people’s fiat currency and valuable asset. It is now a lot of young people are understanding that bitcoin is not a money making machine like MMM and other Ponzi schemes.

Bitcoin is very sophisticated technology built on simple interfaces for people to use. It is just a get rich quick scheme and as such people must work hard for their money. Although even all these influencers have painted bitcoin in that light thinking they are selling the project to people but they are actually making it look like that simple thing to do and that’s why plenty of them can not cope with the process not because the process is too ambiguous to learn and master.

[icebar]

Actually, Bitcoin is not an asset that guarantees sudden wealth and this fact makes it very difficult for some people to invest in Bitcoin and some persons because of their impatience prefer going into trading Bitcoin which involves higher risk than holding bitcoin which long term profit is assured.

Bitcoin is not profitable for those who choose to get rich quick because investing in Bitcoin in the short term increases the possibility of loss. To invest here, the investor has to invest for the long term with caution. There are some investors who start their investment with the aim of holding it for the long term but at one stage they lose patience and give up the investment before reaching the set goal. The volatility of Bitcoin is very high which is why many consider it suitable for trading but if we analyze the long-term results, then the losses of traders are high. A long-term holder holds Bitcoin and for this he does not have to be under any pressure, while those who trade have to go through constant risks.

[Fiasem20]

The pressure of getting money quickly has made many youths to indulge in internet fraud popularly known as “yahoo yahoo”.But bitcoin has always been an asset that requires one to be patient in their holding,that’s why it’s not a get quick rich scheme.Unlike some projects in the crypto space that pump in a twinkle of an eye,but have a darkside in term of longevity.Bitcoin has stayed right from the beginning of it’s creation till date and the beauty of investing on it requires patience which may seem as a delay but it isn’t rather it’s a virtue.

The misconception in the past was that bitcoin is built on fraudulent activity. We used to think bitcoin investments and bitcoin trading is nothing but fraud and yahoo yahoo like the people call it. It is now we are beginning to realize that bitcoin is really a big alternative to people’s fiat currency and valuable asset. It is now a lot of young people are understanding that bitcoin is not a money making machine like MMM and other Ponzi schemes.

Bitcoin is very sophisticated technology built on simple interfaces for people to use. It is just a get rich quick scheme and as such people must work hard for their money. Although even all these influencers have painted bitcoin in that light thinking they are selling the project to people but they are actually making it look like that simple thing to do and that’s why plenty of them can not cope with the process not because the process is too ambiguous to learn and master.

Although,the level at which a lot of people were thinking about bitcoin in the past has changed because the awareness of bitcoin is growing rapidly.They now have a changed perspective about bitcoin,but the roadside police are still in absolute blindness towards bitcoin.Literally,they generalize every citizen that is into bitcoin as “internet fraudster”their greed won’t allow them to acquire knowledge about bitcoin and other genuine online related businesses.Anyways,na who go tell police say him dey into bitcoin go ready to pay gbese,no need to lie just tell them say you dey into online business and no specify the business give them.

[Princess Leah]

Having such mindset towards Bitcoin investment is not good , Bitcoin investment is not a get rich quick scheme , where you put a certain amount and get the result immediately, that is not Bitcoin investment, with Bitcoin you need tolerance , you need discipline, you need to be consistent, ,so the worst that can happen is having the mindset that once you invest today by tomorrow you are already a millionaire, you need the right mindset and focus on the future goal .

In a country where the economy is down and the poverty rate is increasing by the day, most poor people would be too desperate to get rich, they don't even mind how but would seize any opportunity to ensure they secure wealth even though it means doing it wrongly. That's why people go into Bitcoin with the mindset of getting rich quick, not minding that it's a long-term asset.

 However they mostly learn over time cause doing that would mostly end in disappointment due to the volatile nature of Bitcoin. Imagine buying Bitcoin at 100k hoping to take profits if it increases then it reduced to 60k. That's why wealth through Bitcoin is granted to those that can hold for longer, not those with a short-term mentality.