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. Don't get me wrong guys because I really promote investing but majority do not understand how it works, they think that there will be a guaranteed profits oncethey put their hard earned money but in reality, it is very harsh because outcome is not guarantee which means that there are thousands of outcome that can happen and what we need to do is to be prepared on what ever situation will be. So what are the outcome? they incur losses. They do not understand the risks associated with the asset and if the rewards are worth it or not. I read a past research and they conclude that only few percentage of investor are consistently making money and majority of the investors keep losing their money because of lack of knowledge. It is the number 1 reason why investing doesn't guarantee you to be rich.
yes and no, it is true that investing does not exactly guarantee wealth, but that does not mean that said wealth cannot be achieved, I believe that this objective can be achieved whenever you feel like it, well informed, using solid strategies, managing the risks sensibly, planning carefully and trusting in our capabilities. It is more than clear that the path to our goals is not straight or fast, there will always be difficult days as well as beautiful days.
as long as we stay on track, set clear guidelines, and stick to a well-organized plan. Diversifying our investments and practicing prudent risk management when making an investment can protect us from potential loss. Another aspect that should be taken into account is to always be positive and not give up, managing to detect opportunities where others see obstacles... everything is in the person and it is their desire to get ahead.