Post
Topic
Board Beginners & Help
Re: Bitcoin and get rich quick syndrome
by
akuntester1
on 19/09/2023, 21:18:26 UTC
So do you think that I'm correct about bitcoin, that it is not an easy way to get rich quick as some people will make believe, and it is just like other ventures where there is no guarantee of getting rich?
Yes you are right, the perception of Bitcoin as an easy way to get rich quickly in my opinion is a wrong assessment and this perception often misleads someone who does not fully understand what and how Bitcoin works.
If someone is an early adopter of Bitcoin, maybe they can really be rich and enjoy it now, but even then they won't immediately become rich quickly, but they have to be patient for years and face all the risks of rising and falling markets.
But currently Bitcoin is an investment asset that has an increasingly high value for owning it, and the possibility that Bitcoin can make us rich quickly is very small because it depends on how much we spend to invest in Bitcoin and how long we can be patient in holding it.
There is no easy way to get rich quickly, there must be hard work, patience and we must have a strong mentality to face every risk.