Quote from: Sterbens on Today at 02:15:11 PM

Quote from: BobK71 on Today at 05:17:45 AM

There are some investors who aim to get rich quick and invest without considering the fundamentals of any coin which once exposes them to huge risks. Due to excessive greed, many people make such investments with the aim of getting rich quick. Among them there are some investors who invest by borrowing the entire amount. Losing his own money does not have much effect, but if he loses borrowed money, he may have to go to a place like jail. So an investor should avoid get-rich-quick schemes. If he invests in Bitcoin he will recover his wealth even if he loses it but no other coin can expect this situation especially meme coins that are very risky.

Investing with the goal of wanting to get rich quick is the wrong mindset, in fact you could become a rich person through investing, but it's not as easy as you might think. It takes a long process to mature to be able to achieve large and stable profits. I heard that the average person who has the mindset of wanting to get rich quickly always fails in the investment world by leaving only debt. This mindset makes them careless and in a hurry to get profits without realizing the losses, so they always fall down and have to start over. If investing is based on greed and the mindset of wanting to get rich quick, then what's the difference with gambling.

To get rich, it takes time unless you win the lottery, which means you'll get rich instantly, but again, depending on how fast you get that money, that is also how fast you will lose it. For sure, those people who really want to get rich quickly haven't faced any problems, let's say in investing. Because we are too greedy for profit, we lost all of our money, which we learned lessons from. The same is true in real life: doing overtime and multiple jobs makes your health suffer. Everything takes time, and you should have patience with it.