Post
Topic
Board Trading Discussion
Re: Don't claim to be an investor if it's still like this
by
martyns
on 27/04/2023, 15:09:22 UTC
I agree with the op, investing in bitcoin today, and already wanting to become a multi millionaire by the next day is something that is very common amongst newbies, that is, newbies that are entirely new to investments.

I have some friends who some time in the past asked me what I do for a living aside my business, I told them I'm crypto currency trader, and that I make good money from it, they picked interest and I offered to teach them, after showing them the basics and telling them to learn the rest from research, one week later, I discovered they've lost interest.

They probably thought trading is something one would just go into and start making money,  same also with investment, it is one thing to find a good investment opportunity, and it is another thing entirely to invest, and be patience for your investment to grow and bear you good fruit.
Most persons I know are like that,they call themselves investors but they lack the basic things that investors have.They are not yet on the range that they are supposed to be,but they claim to be investors.One thing  I know about the system is that if you rush while making investments,you are likely to do badly or make loses,but as they normally say,patience is a virtue.It is patience that  that holds the driving force to a successful trade.It takes years for the money invested to actually yield reasonable results that will satisfy you.But impatience don't let some persons allow their coin to multiply profits.