Post
Topic
Board Bitcoin Discussion
Re: Investing doesn't guarantee you to be rich
by
JoyMarsha
on 04/07/2023, 21:26:49 UTC
The majority of the investors and traders have misconception on investments because they think that they will easily become successful by putting their hard earned money in bitcoin and other assets without understanding that it is just the foundation and they need to work really hard and follow the other steps to beat the market and able to have gains in their portfolio.
Anyone who invests in bitcoin or any other commodity should have that understanding, that investment does not ensure financial success. Investing their hard-earned money in bitcoin should be considered a risky move because no one can predict its future results, including whether they will be profitable or not. Although it appears that a crypto investor only loses money in bitcoin when they decide to sell their bitcoins for less than they originally invested rather than hodl. There will undoubtedly be gains in the portfolio of crypto investors if they decide to hodl rather than sell.