Post
Topic
Board Economics
Re: Investment is for everyone
by
bangjoe
on 26/07/2025, 14:30:30 UTC
Investing is often presented as a universal key to wealth, but it's not so simple. It's a good skill to multiply wealth, to maintain wealth, too. But if you're not careful enough, you can also have a major loss.
It's a long process that requires the ability to take risks and learn from mistakes.
Also, it's easier when you have more money to try different things.

Most people think they want to get rich quick from investing. This is a big mistake they don't realize, so when fluctuations occur, they panic and sell at a loss. Any asset has price fluctuations. If they lack patience in investing, they will lose their money, even if they invest in a legitimate asset with sound fundamentals like Bitcoin.

Case in point: if someone bought Bitcoin at $60,000 in 2021 and panicked when it hit $20,000 in 2022, they certainly wouldn't have experienced a $120,000 price increase with a 100% profit in this cycle. So, they'll be the ones who get it.