People Are Now Entering Bitcoin for Quick Profits Instead of Financial Freedom.

[Dareo]

You are very correct, in as much as we are doing Bitcoin investment it doesn't mean that we can't make profit from it , we all need financial freedom and profit as well , but trying to make money from Bitcoin investment when you have not yet invest what else can you profit, Bitcoin investment is simply means what you put in determines on what you will profit in future, so it doesn't means that those investing in Bitcoin doesn't need financial freedom as well , two things are there , profit and financial freedom which everyone need , so anyone who has a proper knowledge of Bitcoin investment and invest in it , must have to think of profit in future.

Well it is quite normal to hope for profits by investing in Bitcoin, but then one should not risk their own financial stability in order to make profits. It is not guaranteed that more money invested will result in more profits in short term, Instead taking the correct decision at the appropriate time and minimizing the risks involved is more important than the amount invested. Financial freedom comes with patience, savings and realistic planning, Bitcoin may be included in the plans of financial freedom but not exclusively.

[Sonia_123]

Na where them get am wrong be that sey Bitcoin nor dey for quick profit but nar for long term profit, dem only dey hear sey people don make am through bitcoin investment and dem come dey rush to invest with the high hopes of quick money but the thing wey dem fail to ask the people wey dey tell dem or ask themselves na how long those people wey don make am take invest before dem dey successful.

Wetin I see for this mata na poverty mentality dey cause am because if person nor get money, him nor go ask how but all him go dey reason na make himself follow vet d money without asking important questions to no as he dey be.

Bitcoin investment nor be rush at all but na slow and steady profit as time dey go the more profit you dey make .

[Sally9256]

Na where them get am wrong be that sey Bitcoin nor dey for quick profit but nar for long term profit, dem only dey hear sey people don make am through bitcoin investment and dem come dey rush to invest with the high hopes of quick money but the thing wey dem fail to ask the people wey dey tell dem or ask themselves na how long those people wey don make am take invest before dem dey successful.

Wetin I see for this mata na poverty mentality dey cause am because if person nor get money, him nor go ask how but all him go dey reason na make himself follow vet d money without asking important questions to no as he dey be.

Bitcoin investment nor be rush at all but na slow and steady profit as time dey go the more profit you dey make .

Sometimes I feel it's not just because they don't ask those who have been successful and made some profit in Bitcoin how they soon they were able to realize such profit, I think it's because they didn't try to learn and understand how Bitcoin works. Truth be told some investors are really lucky to invest at the best possible time where after a short period Bitcoin just start rising and they are are the few lucky ones because not everyone can be that lucky.
Some people are not lucky, they invest immediately after the bull market and so they must have to be patient with Bitcoin before making any profit out of it.

I think the mistake most people make is investing with the sole purpose of making profits. If you do that then you're likely not toast long on the market. Bitcoin investment is best for long term, it should be seen as a tool for securing the future not a tool for quick profits.

[Abdulzuruku01]

Na where them get am wrong be that sey Bitcoin nor dey for quick profit but nar for long term profit, dem only dey hear sey people don make am through bitcoin investment and dem come dey rush to invest with the high hopes of quick money but the thing wey dem fail to ask the people wey dey tell dem or ask themselves na how long those people wey don make am take invest before dem dey successful.

Wetin I see for this mata na poverty mentality dey cause am because if person nor get money, him nor go ask how but all him go dey reason na make himself follow vet d money without asking important questions to no as he dey be.

Bitcoin investment nor be rush at all but na slow and steady profit as time dey go the more profit you dey make .

Na the mentality wey our people get be this, If dem see person make money through something maybe like Bitcoin, instead of dem to ask so dem go get guide about am, dem no go ask, instead dem go wan rush to do the thing with the mindset to make am quick. And dem go dey expect to be successful like others wey don tey for the thing, If the thing no later favor dem, dem go start complain say maybe the thing no legit, or dem go dey call am bad bad names.

Bitcoin no be one day journey, people wey we dey see successful with Bitcoin today don take plenty years dey patient to dey watch dere investment grow and na wetin make dem successful today. Na like this e for everybody, dem no dey perform any miracle to invest in Bitcoin you gats to hold am for long term before you go become successful through am.

[rachael9385]

Trying to use Bitcoin as a means to make quick money doesn't work out because that's not what the crypto market is all about but the problem with a lot of people is that they are using the same mentality they have gotten from investing in ponzi schemes and other things that they have probably made quick money from and assuming that Bitcoin is also the same but there is a clear difference between the crypto market and ponzi schemes. Financial freedom through Bitcoin investment is something that takes time to achieve.

[Jerrycrypto2024]

Many things lost its original purpose when the economy is not favourable to the citizens, where survive because the primary purpose many intended to do anything to ensure they survive, all over the world many nations economy is not smiling, either as been hit by recession, war, government bad policy, unemployment, security threat and more to mention including natural disasters and some unforseen circumstances. Mean while when a purpose of thing is not know by people abuse is primarily inevitable, but will centered my view that many does that under the influence of economic hardship, I have some factual view of relate friend that can't sell or do certain jobs but was hit by unforseen circumstances that made him sold his landed property even started doing some minor jobs to survive , such person having knowledge of Bitcoin would not hesitate to focus on quick profit instead of the mentioned financial freedom, that is while in every thing despite well defined purpose everyone must not some will still find way to deviate based on individual difference and challenges.

[Shineup]

Many things lost its original purpose when the economy is not favourable to the citizens, where survive because the primary purpose many intended to do anything to ensure they survive, all over the world many nations economy is not smiling, either as been hit by recession, war, government bad policy, unemployment, security threat and more to mention including natural disasters and some unforseen circumstances. Mean while when a purpose of thing is not know by people abuse is primarily inevitable, but will centered my view that many does that under the influence of economic hardship, I have some factual view of relate friend that can't sell or do certain jobs but was hit by unforseen circumstances that made him sold his landed property even started doing some minor jobs to survive , such person having knowledge of Bitcoin would not hesitate to focus on quick profit instead of the mentioned financial freedom, that is while in every thing despite well defined purpose everyone must not some will still find way to deviate based on individual difference and challenges.

We can't put all the blames on the hard economy because most people have gotten awareness that Bitcoin is not a quick money scheme yet they neglected it thinking that they can get Lucky for the short term profit, Bitcoin not being for a quick profit is more like principle thing where people don't just have to try their luck for quick gain, if the economy is some worth difficult protecting your funds should be of great importance, and jumping from one thing to another for quick gain is never a good approach, I know that situations can negatively influence individuals decisions but for someone coming in to Bitcoin, knowing that Bitcoin is not for quick profit should be one of the primary things to know about Bitcoin before going in to it.

[Yeesha]

We can't put all the blames on the hard economy because most people have gotten awareness that Bitcoin is not a quick money scheme yet they neglected it thinking that they can get Lucky for the short term profit, Bitcoin not being for a quick profit is more like principle thing where people don't just have to try their luck for quick gain, if the economy is some worth difficult protecting your funds should be of great importance, and jumping from one thing to another for quick gain is never a good approach, I know that situations can negatively influence individuals decisions but for someone coming in to Bitcoin, knowing that Bitcoin is not for quick profit should be one of the primary things to know about Bitcoin before going in to it.

Ignorance is very well capable of destroying ones chance. Almost everybody joined bitcoin in order to survive or escape inflation. But I don't know what is pressuring some people to chase their own downfall after the greatest sacrifice. Forgetting the dangers of greediness is the beginning of failure. It is important for every newbie to let patience lead, especially if they truly want to reach great heights in the world of cryptocurrencies. Hard economy as nothing to do with one's childish behaviour. Some people will have the ability to dictate what is going to cause harm to them, and will still decide to risk their lives, but at the end of the day it is their loss.

[Slim Gurlfriend]

Bitcoin is becoming popular among young people and investors who want to make quick money. Many people are entering cryptocurrency because they want to become rich overnight. Instead of understanding how Bitcoin works, they focus mainly on making profits. Some people invest their money because they see others making money online. Unfortunately, Bitcoin prices can rise and fall at any time, which makes it risky. Some investors end up losing their money because of greed and a lack of knowledge. Bitcoin should not be seen as a quick way to become rich but as an investment that requires patience, knowledge and proper planning.

[Ndabagi01]

Well it is quite normal to hope for profits by investing in Bitcoin, but then one should not risk their own financial stability in order to make profits. It is not guaranteed that more money invested will result in more profits in short term, Instead taking the correct decision at the appropriate time and minimizing the risks involved is more important than the amount invested. Financial freedom comes with patience, savings and realistic planning, Bitcoin may be included in the plans of financial freedom but not exclusively.

This is well said but not everybody sees it like that. Bitcoin investment can be very lucrative but one should also make sure that they follow the right and most appropriate manner to invest and also their expectations should be realistic ones, if not they will risk making mistakes that will cost them their investment. Technically, Bitcoin investment is not for the short term but more of the long term investments, if people see it otherwise than this, then they are already making mistakes that will most certainly affect their potential investment. Patient and working smart will help you see the financial impact attributed to bitcoin investments and will not also make you see it as a means of dependency in your investment.

[Sulegzy39]

Actually many things lose their original purpose when the economy is unfavourable to the people who live there because their main goal is to survive. The economies of many countries around the world are not doing well due to recessions, wars, bad government policies, unemployment, security threats, and more, including natural disasters and some unforeseen circumstances. In the meantime, abuse is generally unavoidable when people are unaware of the purpose of something, but in my opinion, a lot of people do that due to financial difficulties.

in my perspective i have a factual opinion of a friend of mine who was unable to sell or perform certain tasks due to unforeseen circumstances that forced him to sell his landed property and even take on a few small jobs in order to make ends meet. If this person knew about Bitcoin, they would not hesitate to prioritize quick profit over the previously mentioned financial freedom; in other words, even with clearly defined goals, some people will still find ways to deviate based on individual differences and challenges.

[Xackie]

Well it is quite normal to hope for profits by investing in Bitcoin, but then one should not risk their own financial stability in order to make profits. It is not guaranteed that more money invested will result in more profits in short term, Instead taking the correct decision at the appropriate time and minimizing the risks involved is more important than the amount invested. Financial freedom comes with patience, savings and realistic planning, Bitcoin may be included in the plans of financial freedom but not exclusively.

This is well said but not everybody sees it like that. Bitcoin investment can be very lucrative but one should also make sure that they follow the right and most appropriate manner to invest and also their expectations should be realistic ones, if not they will risk making mistakes that will cost them their investment. Technically, Bitcoin investment is not for the short term but more of the long term investments, if people see it otherwise than this, then they are already making mistakes that will most certainly affect their potential investment. Patient and working smart will help you see the financial impact attributed to bitcoin investments and will not also make you see it as a means of dependency in your investment.

Big mistake people make is coming into bitcoin with an unrealistic expectations. Some people wants Bitcoin price to keep going up therefore their money can double within a short period of time. If they had calm down and understand bitcoin well, they would have known that it requires long process and requires patience.
But when those expectations aren't met for example the market is moving in a range, or dipping they get frustrated and start pulling their money out of bitcoin.  Even when they are already at loss. After selling at lose and bitcoin starts rising again, they will quickly rush in to buy in order to catch the wave. When the price drops again they will repeat what they did in the past , it like a cycle for them. Bitcoin can create wealth, but that doesn't mean everyone who buys it will become rich overnight. Therfore people needs to set realistic targets for them self and no invest beyond what the can handle.

[BoiCrypto]

Anybody who ebter butcoin for a quick profit will see the result when finally get into the investment, maybe they were told that bitcoin investment will make them rich in a short period of time, not knowing that you must be knowledgeable. And have patience of what you're trying to get into.

It's a deep space where you need to learn many things and keep your self updated at any moment, because 9f the market movement especially when you're trading so the best thing is learn before putting your money into bitcoin investment.

[Gentle_Soul]

Bitcoin na something way dem create as a decentralized form of money, way Dey allow people to control their wealth without hoping on any bank, the government or anybody.
A lot of people way been enter bitcoin investment or way been adopt bitcoin those days way en start newly been adopt am because of financial freedom or sovereignty and a long term wealth preservation.

But if you check today some of this new beginners way dey invest or adopt bitcoin their main purpose now na just to make quick money or profit.

When bitcoin been blow up for en price, na so everywhere for social media na about bitcoin discussion and them Dey talk about bitcoin price predictions, trading signals and stories of people way con Dey very rich through bitcoin.
During that time many people buy bitcoin without them understanding how bitcoin Dey work, en purpose and the responsibility way follow for person way get bitcoin.

Funny enough some of this people way adopt bitcoin because Dey won make quick money, Dey often panic and sell all their bitcoin when bitcoin price fall or dip, thereby missing that long term benefit way bitcoin Dey design to bring.

Now Bitcoin success for investment done really overshadow bitcoin purpose as a tool for financial freedom.

No be lie plenty people no bin really understand waitin the crypto market really dy about when e bin come out the early time wey e come out . Bitcoin bin really dy very hard to explain to person especially the ones wey no get that knowledge at all so this limited information make people no really get the opportunity to invest in Bitcoin in the earlier hours of Bitcoin. Hoever this quick money something na waitin don put plenty people for problem because Bitcoin no be fraudulent something wey b say u go put money today and expect something okay.

[Odusko]

Situation if things for Nigeria na him make people the look for money by all means, you no go blame anybody where hear say come out Money for this thing and you go become millionaire overnights no go out money, na why ponzi scheme the get Nigerians until now be that because people the quick to believe anything where promise them big money, so them go forget to learn one and two things where for make their entire existence different for them.