Quote from: SmartGold01 on Today at 03:04:00 AM

Quote from: Asuspawer09 on May 17, 2025, 06:12:14 PM

Quote from: SmartGold01 on May 11, 2025, 08:42:37 PM

I wouldn't want to create a very lengthy topic to post as I don't see any reason for doing so..
So I was thinking something tonight that everyone or anyone who succeeded or becoming wealthy today do they really succeed through investments?

You're not really going to earn anything if you're not going to invest anything, even gamblers and kind of investing a part of their money in order to get the chance to earn a huge amount, so In my opinion investment is really a part of it in order to get wealthy. It might not be money that you are investing, but its going to be a huge investment, and probably going to pay off if you are going to do it correctly.

There are people who has failed on their investments today but that doesn't mean that they don't plan very well for their investment or doesn't want the investment to become successful. What we must know is that things changes over the time and just like some other assets aside bitcoin which has more volatility than regular coin can easily failed up and they lose their investment.
There should be a way to start up a business before think of jumping into such investment, but one thing I love is that in the forum here I often comes across how people keeps talking the progress of accumulating bitcoin, and the investor must at least have emergency funds and backup fund, or cushion something that could sustain oneself while the investment keeps growing gradually.

Nobody fails at investing because they planned to fail. If anything, people overplan and still get blindsided. There’s this myth that if you do your “homework,” market chaos will skip you. Truth is, markets don’t care. Even a perfect plan will go sideways sometimes because the world keeps remixing itself in ways nobody models for. That’s why obsessing over whether you “should’ve started a business instead” or picked a different asset is a distraction, a thing we invent to feel in control

The real irony is how people frame failure as if it’s an outlier. Statistically, most new investors lose before they win, and most people aren’t HOLD Bitcoin because they love the philosophy, but because they’re afraid of being left behind. The “emergency fund” mantra is solid, but most can’t even build one before they’re pressured to “start accumulating”. What happens when your cushion gets shredded by inflation, or by a job loss, or just a string of bad luck? Forum rarely talks about that

If there’s a takeaway, it’s this: sometimes you do everything right, and it still blows up. Talk about “cushions” and “gradual growth” is useful, but it does not erases the fact that volatility is just part of the package, emotionally and financially. Anyone who acts like you can eliminate all risk is selling something