Hard work does not guarantee wealth but yes where you store the value.

[Cossyblack]

For me it's not only about where you store your money but the investments you were able to own with your money. There are people who can invest the last money they have in a potential asset because they know that it will surely generate income for them. Wealth is not really measured by how much you have in your bank account balance but how many assets do you own? Bitcoin is good to store our money since it is a hedge against inflation but also we should not forget that the market is volatile. The idea should be to store some money in bitcoins and use the rest money to invest in real life assets that can generate steady cash flow in the long term.

You have a good point here because even if bitcoin is a store of value and hedge against inflation but we shouldn't just put all of our eggs into one basket because if anything happens to it,we might lose everything. The idea of splitting our resources in halves and not investing all of it in bitcoin is a good one. Bitcoin doesn't offer any form of guarantee,so diversifying into other investments like real estates,stock & Bond, Gold and other lucrative businesses  would help reduce the risks and generate more incomes. Since bitcoin isn't guaranteed,your other investment assets would be your backup incase something bad happen to it in the future.

[terrific]

To me, it's the missing liquidity that's missing. All funds invested in volatile or illiquid investments can pose problems for an individual who has saved a good long-term store of value. They may have made a good investment but be sold when the market is bad due to an emergency. I think that's why I view wealth management in terms of liquidity, preservation and growth. While there's a long-term component to bitcoin, it's also vital to retain sufficient funds available at hand. The right asset is not just based on the value it may have in the future but on when the funds will be required.

That depends on the choice.
If that investor chose the wrong assets and he's aware of the potential illiquidity of it, that's their problem to face.
But having this wealth in bitcoin, you'll barely have this problem and it's not a common one to see such.
That's why holding bitcoin is the best option to store wealth and as a store of value.
Many are not still not convince but that's their homework to be done.

[Junii]

Everybody in this forum already discussed why hard work does not guarantee wealth. The problem is not only in our effort, is where we store the money. If you work and save fiat money, goes devaluing with the time and losing its purchasing value without you notice. Does not matter how much you work and store your money. The currency with fixed supply, like Bitcoin, inverts this logic to work in your favor, because the supply does not increase and does not lose value. The volatility of Bitcoin is a problem for who needs know what will happen in the short term. But thinking in the long term the problem is store money in the wrong currency?

Yes mate i agree with you due to inflation the purchasing power of fiat decreases per year and to fight against this investment is a best option. Everyone knows that investment fights inflation also in investments there are a lot of options but the one is bitcoin you mentioned the volatility and i agree with you but if you compare today's market volatility with few years back market you will understand that the volatility is decreasing and market is moving towards maturity because we are still early in this market and if people and other countries adopt this bitcoin in the future we will see a mature market.

[Samlucky O]

Surely hardwork doesn't guarantee wealth but how you are able to build it Matters a lot. Investment is the modalities of wealth, you can't talk about wealth or success without investment, everyone is talking about hardwork, focus and consistency but no one is thinking about the type of investment that will make you succeed. Well you are right that fiat depreciate in value with the passage of time unlike Bitcoin that is volatile. But don't Also forget that risk is attached to Bitcoin Also. As a person that wants to succeed any investment platform, no matter how Good they may appear, don't risk more than you can afford to lose. You need to take a calculated risk before investigating despite how attractive the offer may appear. The beginning of failure in business is not seeing the risk but only focus on profit that's why many who venture into business loses.

[Spaceman1000$]

Everybody in this forum already discussed why hard work does not guarantee wealth. The problem is not only in our effort, is where we store the money. If you work and save fiat money, goes devaluing with the time and losing its purchasing value without you notice. Does not matter how much you work and store your money. The currency with fixed supply, like Bitcoin, inverts this logic to work in your favor, because the supply does not increase and does not lose value. The volatility of Bitcoin is a problem for who needs know what will happen in the short term. But thinking in the long term the problem is store money in the wrong currency?

I've been trying to wrap my head around what your actually driving at, if it's about storage of value and which currency or which investment is most valuable to store your money, however your topic talks about hard work does not guarantee wealth, but in the body of your text, I'm trying to collaborate what you've said and the topic in a bid to make a sense out of it.

Wealth in terms of financial stability might come as a result of your own expertise concerning your ability to use money you own and double the money with whatever investment or skill you are good at, the idea of banking money over the years has been discouraged by financial experts, this is because, the money is supposed to be put in an investment that will double its profit and not to sit idle, so whatever currency you have, if you are good in investing in that currency with what you have, trust me you will double your amount.

Bitcoin from your explanation is volatile, and there is no doubt about that, but most investors will tell you to invest with your discretionary income, this is so that regardless of the volatility of the market, you won't have panic because it is from a fraction of your resources that you are investing, this also to let you understand the the growth of your Bitcoin investment wouldn't come in a sudden manner, it will gradual.

[Jubilee58]

Everybody in this forum already discussed why hard work does not guarantee wealth. The problem is not only in our effort, is where we store the money. If you work and save fiat money, goes devaluing with the time and losing its purchasing value without you notice. Does not matter how much you work and store your money. The currency with fixed supply, like Bitcoin, inverts this logic to work in your favor, because the supply does not increase and does not lose value. The volatility of Bitcoin is a problem for who needs know what will happen in the short term. But thinking in the long term the problem is store money in the wrong currency?

Creating wealth is a combination of hard work, and creative investment, many people are investing in Bitcoin today from their active money which is a store of value. And hard work is beyond what many people think, it doesn't necessarily mean putting pressure on oneself, but could be a kind of mental ability to produce successful result. On this note, adding value to your money requires investment that will add value on the long run. The use of fiat currency will only reduce the value of your money, but there are assets many of them that sustains value on the long run such as real estate investment, Bitcoin stock, gold etc. To succeed in this kind of sustainable investment you must be well informed about them. While these investments are there, there are people who lack the idea, and still pile up their money in the bank where it looses value. But money stored on reliable asset can only increase in value, and enable you gain financial strength.

[Botnake]

If you want to maximize your wealth, save your bitcoin and spend your fiat because that will only depreciate its value in the long run.

But being wealthy in life isn't only possible with bitcoin alone, its a combination of different potential  assets that are known profitable for long term. Bitcoin is just one of it, diversification of assets paves an easier and faster way to achieve wealth in life.

Just save in fiat for short term, but stick with bitcoin for long term. With this, you don't worry of inflation because bitcoin is a perfect hedge against it.

[Dr.Bitcoin_Strange]

Except I'm investing I don't put my everyday money in Bitcoin, it's a volatile market so it will definitely affect me if I withdraw at a lower price compared to when I bought, so basically I invest regularly long term, but I don't involve my everyday money especially with the fact that I run a business. But I do save money in Bitcoin especially for long term savings

What do you mean by "everyday money"? If you are referring to your income probably because you earn on a daily basis, then it's not a problem to still invest on Bitcoin every day but you don't have to invest all your earnings at once. If for example you are earning $100 per day (more or less), you can decide to be investing just 10% per day but if you can invest more than that, it's still fine but you don't have to invest all the money, just invest with the amount you can afford to hold for a long term.

You said you are running a business, if that's true, you can decide to only invest on a weekly or monthly basis, you should not invest your capital but just some profits you have made for that month or week, that way, you don't have to sell your Bitcoin even when the price is low.

[snowpega]

Everybody in this forum already discussed why hard work does not guarantee wealth. The problem is not only in our effort, is where we store the money. If you work and save fiat money, goes devaluing with the time and losing its purchasing value without you notice. Does not matter how much you work and store your money. The currency with fixed supply, like Bitcoin, inverts this logic to work in your favor, because the supply does not increase and does not lose value. The volatility of Bitcoin is a problem for who needs know what will happen in the short term. But thinking in the long term the problem is store money in the wrong currency?

If I have to share my point of view on this. Then I would say that saving money in fiat will be worth less or nothing.
Because the way inflation is increasing, it is damaging every country's economy and its fiat money. So this is not an advisable thing to hold money in banks for the long term. What one should do is do their own best research and invest in assets. The assets can be in any form according to one's research, and one thinks that they can benefit in the long term.

These assets can be Bitcoin, Land/property, gold/silver or anything else based on good research. But I myself will never hold my money in fiat money. Other than this, those who already understand how the traditional finance system works are aware of it and don't hold their money in banks or in fiat. The time in which we are living right now. We really don't need to work hard all the time because, if you are smart enough, you can earn good money with your smart work. This is my point of view. DYOR!

[Gost ms]

For me it's not only about where you store your money but the investments you were able to own with your money. There are people who can invest the last money they have in a potential asset because they know that it will surely generate income for them. Wealth is not really measured by how much you have in your bank account balance but how many assets do you own? Bitcoin is good to store our money since it is a hedge against inflation but also we should not forget that the market is volatile. The idea should be to store some money in bitcoins and use the rest money to invest in real life assets that can generate steady cash flow in the long term.

You have a good point here because even if bitcoin is a store of value and hedge against inflation but we shouldn't just put all of our eggs into one basket because if anything happens to it,we might lose everything. The idea of splitting our resources in halves and not investing all of it in bitcoin is a good one. Bitcoin doesn't offer any form of guarantee,so diversifying into other investments like real estates,stock & Bond, Gold and other lucrative businesses  would help reduce the risks and generate more incomes. Since bitcoin isn't guaranteed,your other investment assets would be your backup incase something bad happen to it in the future.

It is never a good idea to put everything in one asset, and not even in a volatile asset like Bitcoin. Each person’s financial situation dictates that they invest some of their money in Bitcoin and some of their money in more reliable assets. No one can predict what will happen in the Bitcoin market, and there is a high chance that Bitcoin will go up in value in the future, but there is also a high chance that it will not. So it is a good idea to invest in different places.

I generally prefer to keep most of my assets in Bitcoin. For example, I prefer to keep 40% to 50% of my total time in Bitcoin and some of my money in more reliable places.

[kingstep]

But being wealthy in life isn't only possible with bitcoin alone, its a combination of different potential  assets that are known profitable for long term. Bitcoin is just one of it, diversification of assets paves an easier and faster way to achieve wealth in life.

It can even be argued that it take a level of wealth attainment to effectively invest in bitcoin and that only those that are already wealthy in other area of their lives can easily attain a certain level of wealth. To a large extent, being hard working is where it all starts for everyone because hard lays the right foundation that pushes your investment to the next level.

Real wealth is not attained by wishful thinking and mere believing that someway somehow that you’re going to be wealthy. Without disciplined, dedications and had work, certain level of wealth can only exist in your imagination.

[Royal Cap]

The beginning of failure in business is not seeing the risk but only focus on profit that's why many who venture into business loses.

Because when most people come to crypto or any other market, they only keep the profit figure in mind. But without risk management, no investment can survive in the long term, If you invest the money that you have accumulated by working hard all your life in a place that has no idea about the risk, it won't take long to lose that accumulated capital.

To a large extent, being hard working is where it all starts for everyone because hard lays the right foundation that pushes your investment to the next level.

Here I would say that the first step in saving or investing money is to earn that money, and there is no alternative to working hard for it. However, wealth cannot be created by working hard alone, Where and how the money is invested makes the real difference. Hard work is the initial capital, and investing in the right place is the opportunity that multiplies that capital over time. It is therefore very important to have a balance between the two.

[5W-KILO]

Everybody in this forum already discussed why hard work does not guarantee wealth. The problem is not only in our effort, is where we store the money. If you work and save fiat money, goes devaluing with the time and losing its purchasing value without you notice. Does not matter how much you work and store your money. The currency with fixed supply, like Bitcoin, inverts this logic to work in your favor, because the supply does not increase and does not lose value. The volatility of Bitcoin is a problem for who needs know what will happen in the short term. But thinking in the long term the problem is store money in the wrong currency?

Does holding Bitcoin for the long term guarantees wealth? Yes but it Depends on how much you are investing every week or monthly, it has to be good enough to bring back effective returns.

Making profits from holding Bitcoin is the only thing I can guarantee but becoming wealthy is another story, unless you can afford to invest thousands of dollars every month, if not, I am sorry you can't be wealthy.

$1k every month is still $12k at the end of the year, so if Bitcoin double in value after a year, you only have $24k, meaning you are still far from becoming wealthy, and majority of people don't use $1k to DCA into Bitcoin every month because they can't afford it.

The store of value side is where I get it, still, it's better to store money that you won't be needing anytime sooner in Bitcoin because of it's volatility nature.

[Findingnemo]

I doubt anyone keep storing as money, most of them does something with it but they can't become rich because their only source of income is salary, which is not increase as per the inflation rate and there is a high unemployment rate that collapses the job market all over the world, so you are lucky if you are getting a salary in 2026.

You can become rich when you deal with profits and loss not in salary.

[Emitdama]

Everybody in this forum already discussed why hard work does not guarantee wealth. The problem is not only in our effort, is where we store the money. If you work and save fiat money, goes devaluing with the time and losing its purchasing value without you notice. Does not matter how much you work and store your money. The currency with fixed supply, like Bitcoin, inverts this logic to work in your favor, because the supply does not increase and does not lose value. The volatility of Bitcoin is a problem for who needs know what will happen in the short term. But thinking in the long term the problem is store money in the wrong currency?

I already heard that line before but not in the forum. The line goes like this, ''hard work alone is not enough..''. I forgot what's next but I think it is ; that we also need to be wise. Either wise with how we spend our money, or wise with how we store our money. You must also include the income of the person OP because what if they are only earning small amount? It doesn't last long and storage is not their concern anymore .

This is what they say that they have less stress than those who have more money . There are plenty of ways to hedge money against inflation but if we choose Bitcoin, we also need to be wise on how we store our Bitcoins. For safety, non-custodial wallets and hardware wallets are recommended. It does not end there but we must also back up our keys and store them in a safe location.

[Freeveto]

Everybody in this forum already discussed why hard work does not guarantee wealth. The problem is not only in our effort, is where we store the money. If you work and save fiat money, goes devaluing with the time and losing its purchasing value without you notice. Does not matter how much you work and store your money. The currency with fixed supply, like Bitcoin, inverts this logic to work in your favor, because the supply does not increase and does not lose value. The volatility of Bitcoin is a problem for who needs know what will happen in the short term. But thinking in the long term the problem is store money in the wrong currency?

If you are working very hard and you are investing the money in the right place or the right currency, you can save the value of your investment for long because leaving your money in the wrong currency will make you regret it because inflation is affecting everything, and because of that reason, almost all fiat currencies lose value. That is why it is good to be wise to put the little we earn in a safe place so that when we need the money to help us in the future, it will maintain its value for you to be able to use the money to cover your needs, but if you do not put the money in the right place, the money will lose its value. That is why it is good to have a good investment plan that will support you in the future.