Post
Topic
Board Bitcoin Discussion
Re: Investing doesn't guarantee you to be rich
by
molsewid
on 29/06/2023, 21:37:09 UTC
Investing will never make you rich. Investing will only show you the path to rich when you have the ability to do some research analysis and precise understanding of where to invest, how to do it, how much the risk is likely to be and how much the return is likely to be. Just as investments can provide opportunities for growth and potential financial returns, It's can also damage your wealth. Especially sometimes the financial markets fluctuate unexpectedly causing you losses. Before investing, you must study the market dynamics, determine the risk management and keep in mind long-term investment thinking. Especially long-term planning can definitely make you rich.
You got a point but then investing can really make someone rich, only if knew where and when he will invest his money with. People who get rich in investing has a plan before they invest and do some in depth research. People should learn to make knowledgeable first in the things they want to invest with before giving away their money and also they need to accept that whatever they invested its either it will make them rich or not.