It's the process of making money and reinvest make money and reinvest.
If you made just some lucky 10x profit but you can't keep up your stradegy for the long term then you don't build any wealth.
If we talking about trading and you don't build wealth with starting capital of 50$ then you woun't do it with 1000,3000,5000 either.
If we talking about real estate , first you need to understood the " mortgage markets " If you make like 10 year Investment plan because you been told real estate always good Investment then it's gamble everything what you don't know about and can't control it's gamble. And gamblimg is not business so dont call yourself like investor or traders
You think by holding the gold,silver and you always stay in profit that kind of mindset it's gamble not investing.
You think inflation always goes up and money printers working always its also the gamble.
You need to know everything about the topic you deal with specially when money is involved.
2023 year Will be good year to teach you Lesson don't take nothing for granted but learn first how it works.
If you made just some lucky 10x profit but you can't keep up your stradegy for the long term then you don't build any wealth.
If we talking about trading and you don't build wealth with starting capital of 50$ then you woun't do it with 1000,3000,5000 either.
If we talking about real estate , first you need to understood the " mortgage markets " If you make like 10 year Investment plan because you been told real estate always good Investment then it's gamble everything what you don't know about and can't control it's gamble. And gamblimg is not business so dont call yourself like investor or traders
You think by holding the gold,silver and you always stay in profit that kind of mindset it's gamble not investing.
You think inflation always goes up and money printers working always its also the gamble.
You need to know everything about the topic you deal with specially when money is involved.
2023 year Will be good year to teach you Lesson don't take nothing for granted but learn first how it works.
I would not refer to a trader or someone who owns estate as a gambler because their success is not the same. Those who invest their money will have much assurance that they will not lose money, and the same is true for estate owners because there is no way to lose money but slowly and steadily profit must be made. However, a real gambler won't have 100% assurance that they will win; instead, they will either lose and win by luck. However, I'm confident that if I did such a thing, I would never even try a gamble in my life. No matter how long it takes you to make a profit in bitcoin, we can't say that they are similar gamble is a big risk. Those gamblers also claim that rather than using the money to invest in bitcoin, they would rather use it to gamble based on what we have faith in.