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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Tmoonz on March 19, 2024, 12:14:02 PM



Title: Is investment a necessity or a want?
Post by: Tmoonz on March 19, 2024, 12:14:02 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?


Title: Re: Is investment a necessity or a want?
Post by: lovesmayfamilis on March 19, 2024, 02:38:42 PM
Investing should be a choice for those who care about the future, but if your money is spent to the detriment of your health, you will soon pay twice. You shouldn't sacrifice your health by buying coins, especially if we think that the OP created a thread in the section about alternative coins. When buying alts, you must understand that they can fall in price at any time. You can worry about buying Bitcoin instead, but that expense should also be money you might not think about for a while. If we talk about the emergence of new coins during this period and the decision to purchase these coins, then it is safe to say that most of the new projects appearing during the bull market and the upcoming halving will be scams. Fraudsters do not sleep; they will create dozens of scams to extract money from naive investors.


Title: Re: Is investment a necessity or a want?
Post by: DeathAngel on March 19, 2024, 02:44:07 PM
Nobody should pursue investing in assets ahead of their own health. What is the point having lots of money if you’re very ill or worse, dead. Buying cryptocurrency is great but I would not do so if I couldn’t afford healthcare. Your friend needs to sort out his priorities, especially if he has a family.


Title: Re: Is investment a necessity or a want?
Post by: Ricardo11 on March 19, 2024, 03:32:01 PM
Why do we earn money in life? We must earn money to do good things in life to live well and be happy and peaceful. Moreover, we earn money and save it for our good health and emergency. This is what we should always do. What is the use of earning this money if our body is not healthy and if we are not alive?  If you die today, this money will not do you any good, so focus on your good health first. We may earn a lot of money in life, but once this life is lost, it can never be regained.


Title: Re: Is investment a necessity or a want?
Post by: leonair on March 19, 2024, 04:08:45 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Investment is a personal matter of everyone and it depends on who is financially strong and how much risk can be taken. When investing you have to think long term because everything goes through a long process. So if someone panics after investing and always thinks about it then it can affect his health. Because excessive thinking tortures people logically. And while investing DCA has to be followed so that the market conditions can always be dealt with


Title: Re: Is investment a necessity or a want?
Post by: mu_enrico on March 19, 2024, 04:27:02 PM
Investment is a necessity only AFTER all your basic needs are fulfilled. Taking an analogy from nature, consider a tree, it requires soil, water, a suitable pot, and fertilizer for optimal growth. Without meeting these essential needs adequately, the tree's growth will be stunted or hindered. Hence, investing in a new, larger pot prematurely would be futile. Instead, prudent investment should be made in fulfilling the existing requirements to ensure healthy growth. Only when these foundational needs are met can one consider expanding resources for future growth. You invest for the future, for the new and bigger pot, and you won't need it if you are stunted or even die.


Title: Re: Is investment a necessity or a want?
Post by: crwth on March 19, 2024, 04:57:00 PM
It's important that you need to balance the two. You must have health care but it's also good to have exposure within the market to what actually would help you get the best out of your hard-earned money. You need to balance the two to make the most out of your money. If it's necessary, focus on one thing first if you don't have a lot. I think the priority is health before anything else because if you can't function properly, how would you earn?


Title: Re: Is investment a necessity or a want?
Post by: Frankolala on March 19, 2024, 04:57:11 PM
Health is wealth. This is why he should take care of his health first, so that he can live to enjoy his investment, and let him not act foolish. Those new coins that he is investing on might lead to great loss, and if he is still sick, the shock and frustration can lead him to his death.

Investment is good, but it should not be put first before our health. This is where people misunderstand what investment is. Before investing, you should have an emergency funds, and funds for your basic needs, then the extra should be used to invest. Not invest in a ill state on shitcoins, that is same as gambling. Your friend is gambling with his life and his money.


Title: Re: Is investment a necessity or a want?
Post by: LogitechMouse on March 19, 2024, 04:57:44 PM
some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
I see investment a necessity in our lives. If you don't want to see yourself having a hard time living when you're old, investing at a young age is the best way for you to prevent that. Those who aren't investing, or those who are only saving their money will be having a hard time when they retire.

Having said that, I don't think that it's a good decision to prioritize investment over health care. How will your investments help you if you're hospitalized already? Yes, it can pay your expenses obviously, but you will see yourself having a hard time living because you didn't take care of yourself. I know that investing is a very vital part of our lives, but not prioritizing your health is a very bad decision to do. Always take care of ourselves, and at least balance our priorities. For me, I balance it through having an emergency funds as well has investment funds.

Going all in on investing is good if you know what you're doing, but don't forget about your health.


Title: Re: Is investment a necessity or a want?
Post by: Sophokles on March 19, 2024, 05:16:58 PM
Self care is more important than all of someone's wealth. If you don't have good health, then what is the point of having wealth? First we should take care of ourselves, and then we should do anything else. Investment is important to making wealth because you need to put your wealth to work so that it can grow in value and you can make a profit out of it.  Our first priority should be our health so that we can be more energetic and focused on building our wealth through business.


Title: Re: Is investment a necessity or a want?
Post by: bitzizzix on March 19, 2024, 05:35:26 PM
In my opinion, investing is a desire because we want a life in the future or in old age with a safe and comfortable situation in financial matters. And apart from that, the most basic thing is why investment is important and what we want so that our wealth is maintained and prosperous and is not eroded by inflation.
Apart from that, we will not work for long and there will come a time when we are no longer able to work or are no longer productive. And investment is the best solution to guarantee the future or old age and also finance children to continue their studies when we are no longer able to work. Because we don't know what will happen in our future, whether we will always be healthy and no one knows, and investing is the best solution for broad goals.


Title: Re: Is investment a necessity or a want?
Post by: babygun on March 19, 2024, 05:41:03 PM
It's important that you need to balance the two. You must have health care but it's also good to have exposure within the market to what actually would help you get the best out of your hard-earned money. You need to balance the two to make the most out of your money. If it's necessary, focus on one thing first if you don't have a lot. I think the priority is health before anything else because if you can't function properly, how would you earn?

The only thing you can't buy is your health so that should always be the number 1. But being in the market and investing in stocks/crypto is important to just grow your wealth and could also help if you want to retire early. I am trying to build a portfolio with dividend stocks which could give me passive income in the future.


Title: Re: Is investment a necessity or a want?
Post by: KingsDen on March 19, 2024, 05:46:51 PM
Some people get rich without investigating;
Some get rich by investing;
Interestingly some get rich by saving;
Some get rich by salary earning;
Some get rich by freelancing;
Some get rich by doing random jobs;
Food, shelter and clothing are the only necessary things;
Others are just want.


Title: Re: Is investment a necessity or a want?
Post by: avikz on March 19, 2024, 06:04:35 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Investment is a necessity. But investing in altcoins is a gambling. If someone close to you thinks investing in random coins is more important than investing in health care, God bless him!

Health is the biggest asset any human can have. So it takes priority over everything else, at least for me! But yes, an individual would have individual thinking process. But they can be stupid as hell.


Title: Re: Is investment a necessity or a want?
Post by: Reatim on March 19, 2024, 06:16:30 PM
Investment is a necessity as much as it is a privilege.

Not a lot of people have the ability to invest due to their present financial circumstances.
There are different kinds of investments and I don’t think it all involves money. We also need to
invest in ourselves and that includes taking care of our well-being.

What is the use of your profit if you’re sick and dying?


Title: Re: Is investment a necessity or a want?
Post by: Sayeds56 on March 19, 2024, 06:27:12 PM
Investing should be a choice for those who care about the future, but if your money is spent to the detriment of your health, you will soon pay twice. You shouldn't sacrifice your health by buying coins, especially if we think that the OP created a thread in the section about alternative coins. When buying alts, you must understand that they can fall in price at any time. You can worry about buying Bitcoin instead, but that expense should also be money you might not think about for a while. If we talk about the emergence of new coins during this period and the decision to purchase these coins, then it is safe to say that most of the new projects appearing during the bull market and the upcoming halving will be scams. Fraudsters do not sleep; they will create dozens of scams to extract money from naive investors.

Indeed, health is always first priority in life and everything else including investment comes after it. Investing should be always a mindful decision considering both personnel well being and financial potential. Investment promise rewards in future while neglecting health in pursuit of wealth can lead to significant repercussions.

Regarding investment option, prevailing belief nowadays is that Bitcoin is a safer investment with potential of significant rewards in future.


Title: Re: Is investment a necessity or a want?
Post by: irhact on March 19, 2024, 06:58:38 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Investing isn't a want but a necessity, without investment you can't get wealthy unless you inherit wealth from other individuals that made investing a necessity in their life and have the wealth that they're passing down to you. Investment is necessary as our salary can't carry us for all through the month of we're to buy not only things that we need but also things that we want to live a more comfortable lifestyle. Investment are of different types and our health investment is also an important investment.

We should prioritize both our health and assets investments so we can live long to enjoy  the money that we'll be making from our investment. It doesn't make sense if we make alot of money yet we won't live to enjoy them as we didn't take care of our health when chasing the money then we have to use the money we made to take care of our health and waste them when we could have prevented that.


Title: Re: Is investment a necessity or a want?
Post by: kentrolla on March 19, 2024, 07:10:06 PM
Nothing stands in between health and well being I would say it's a foolish thing with your friend is following in soon here she is going to regret it because if you have health you can on anytime through any source not only cryptocurrency but let's say you have immense well which you have acquired by sacrificing your health then who's gonna use it? If you are not in condition to live a normal life? Anything over health is not justifyable and I think your friend needs to find a balance or he/she will end up losing in both the aspect the health as well as wealth.


Title: Re: Is investment a necessity or a want?
Post by: Mpamaegbu on March 19, 2024, 07:19:56 PM
...some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
That's a very wrong approach. Why would anyone want to do that and jeopardize their life because they want to make money. That's what it's from that comment. No one should forget that health is wealth. That expression shouldn't be toyed with. Only those who are healthy have the convenience of sane mind to go into investment. A man who's sick is only preoccupied with saving himself, and not investing. You've to make your friend snap out of that thought pattern.

As for the thread question, investment is neither a necessity nor a want. It's purely a thing of choice. There are people who are comfortable materially and financially where they're but don't have investment of any kind because they don't want to be bothered with that distraction that comes with investment.


Title: Re: Is investment a necessity or a want?
Post by: btc78 on March 19, 2024, 07:28:43 PM

As for the thread question, investment is neither a necessity nor a want. It's purely a thing of choice. There are people who are comfortable materially and financially where they're but don't have investment of any kind because they don't want to be bothered with that distraction that comes with investment.

Those people are a bit foolish. Most rich people I know have different kinds of investments because being rich, they still want to gain even more money and be prepared with what the future holds. Not all investors are trying to break out of the poverty line, some are just trying to lock in more profits.

By the time I am rich, I will surely invest on something still even if I am confident and comfortable. You never know what could happen. A sickness could strike you and bleed your money dry. This is also one of the reasons why you should definitely take care of yourself. I believe that both health and wealth are equally important in life. And one shouldn’t exist without the other.


Title: Re: Is investment a necessity or a want?
Post by: Kristiyana on March 19, 2024, 07:33:42 PM
Nobody should pursue investing in assets ahead of their own health. What is the point having lots of money if you’re very ill or worse, dead. Buying cryptocurrency is great but I would not do so if I couldn’t afford healthcare. Your friend needs to sort out his priorities, especially if he has a family.

You're absolutely right, health is the first priority before any other thing,you can't think on making profit from investment when you're not in a perfect condition.at least you need to take good care of yourself before looking out to any other things,what if someone die in the process of looking for wealth, will you go with those wealth?this are the things you should consider before making any decision.


Title: Re: Is investment a necessity or a want?
Post by: Ben Barubal on March 19, 2024, 07:43:57 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

     If you are the type of person who wants to grow the money they have, you will really look for other investments that can produce profit for our capital. In short, investment is a matter of choice;
it is not an obligation, but if you believe in an investment, you can decide if you want to invest.

     But all businessmen are able to advance in life because they have invested their capital in various investments that they have seen, and we can see many investment opportunities in our lives. So, if you're really an entrepreneur, you need this so that you can grow your capital quickly.


Title: Re: Is investment a necessity or a want?
Post by: kawetsriyanto on March 19, 2024, 07:55:07 PM
~ some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Our health care should be the priority (it is a must), meanwhile investment is just optional. If someone has to focus on taking care of his health, it is better not to think about investment temporarily. Even if he wants to have an investment because he has a lot of funds, just do it when his health isn't in a worrying condition. I don't understand why he should think about investment when he should think how to deal with his health. I'm not sure his family members will let him to think about investment when they know it. They must feel worried that investment matters can influence his mentality, moreover it is crypto investment. How if the investment fails? It may bring negative impacts to his mind. Sick people shouldn't be burdened with a thought like investing in something with a high risk.




Title: Re: Is investment a necessity or a want?
Post by: uneng on March 19, 2024, 08:07:59 PM
In a world where there isn't economical stability, authorities lie and cheat on their citizens and inflation eats all your purchasing power, I see investments as a necessity, or a basic need, if you want to live, instead of just surviving. At same time, we can also consider it a want, because you have to want a better life condition to see a purpose on investing your money. Unfortunatelly what we see is that most people don't want to make any efforts or learn anything in order to progress financially, therefore they don't start profitable investments, as they are voluntarily imprisioned on the traditional government, media and banking's system.

These people don't save money, therefore they never have money to invest. And that is due to consumerist habits they develop, encouraged by the media, while not having access to education or self-knowledge to persue investments opportunities which really worth, besides learning how to change their mindset on their favour. As consequence, these people don't want to invest at all, neither want to see it as a necessity which could totally change their lives for the better, if they saw purpose on fulfilling it.


Title: Re: Is investment a necessity or a want?
Post by: Yogee on March 19, 2024, 08:59:15 PM
Is it a life or death situation? Does he only lives now from constant medication?
Or is it something like mild which could be be cured naturally by a healthier diet and consistent exercise?
People in the first group are probably tired and thinks the treatment is going nowhere so they may as well think for future of their families.

What you can tell that friend of yours is to cash out when in good profit before the market starts crashing again. He could further aggravate his condition from stress.


Title: Re: Is investment a necessity or a want?
Post by: sekalitas on March 20, 2024, 04:24:51 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Like others in this thread, I absolutely prioritize healthcare. Without good health, it's incredibly difficult to function, let alone work and earn the money needed to invest. However, your situation raises a concerning question: why is this person choosing crypto over their health?  There could be underlying causes for this behavior. Perhaps he feel hopeless about his medical situation and believe treatment won't help, so they're desperately seeking financial gains through crypto. It might be helpful to understand their reasons and offer support in exploring both healthcare options and responsible investing strategies.


 


Title: Re: Is investment a necessity or a want?
Post by: Makus on March 20, 2024, 04:43:09 AM
Investment is a thing of choice so it's not a want. Prioritizing your invest over your health is a very dumb decision to make. If paraventure you use the money for your health to make investment and you die, those who don't have clue of where you saved your seed phrase would let go, meaning the coins you spent you life protecting would loss and you also lost your life. Above everything we do, prioritizing our health first is the most important thing, because only the living can enjoy there investment, or you can even get the opportunity to invest in later future.


Title: Re: Is investment a necessity or a want?
Post by: Bureau on March 20, 2024, 05:09:38 AM
some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

That is a very wrong approach as without health investment is of no use. The priority should always be to stay healthy and happy over anything. If a person is healthy then he will be in a zone where his investment decision will be correct. With correct investment that person will get good profit. Whereas an unhealthy person won't be able to take the right decision. It is imperative to take care of your health first than thinking about investment.


Title: Re: Is investment a necessity or a want?
Post by: OrangeII on March 20, 2024, 06:21:01 AM
investment is a choice. It all depends on how one looks at it. This is the same as lifestyle, whether you want to choose an extravagant lifestyle or not. Many people consider that investment is a choice in their life, therefore, they are more likely to work and spend their money, or just save. However, there are also people who think that investment is a necessity. namely with the aim of improving their finances, and to develop their business. However, it is a choice, and for me it is a necessity.


Title: Re: Is investment a necessity or a want?
Post by: martinex on March 20, 2024, 06:26:23 AM
Actually, investment is a combination of both. If I just take it from the perspective of needs, where we all have long-term financial goals that we want to achieve and don't want to bother when we are old and have to go back to work like when we were 25 years old, especially when all our needs come uncontrollably, be it in terms of living expenses when we retire, helping with our children's education or other costs that will become clear later in life if we are blessed with age.

If you want to invest, the concept is desire, maybe there are many things that we cannot fulfill, for example, in meeting our investment targets and normally we are in a condition where we have to fulfill our urgent needs on a regular basis every month, whether they are maximally fulfilled or not.


Title: Re: Is investment a necessity or a want?
Post by: Geurangsang on March 20, 2024, 08:29:22 AM
Necessity is something that must exist in life. If it is not there, of course it will disturb your life and make you uncomfortable. I think investing is just a choice to make for the future, if you are okay after doing it. Investing is not a necessity where you have to sacrifice your health to do it. Many recommend investing only with cold money, so that it doesn't disrupt your life when something bad happens to your investment. Investments don't always make money, but sometimes they also cause headaches and generate losses. Especially when we make wrong decisions from wrong analysis or when the market doesn't want to compromise with us, it will really kill you if you use your hot money. Therefore I prioritize my health over investments.


Title: Re: Is investment a necessity or a want?
Post by: Silberman on March 20, 2024, 08:47:11 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
That is a big mistake, we can only invest the money we can safely say we are not going to need for a few years, if that person is in dire need due to their poor health then they should instead save all the money they can in the case they need it, does this mean they may miss the bull run? Yes, but who cares, our lives and our health are way more important than any money we could get, but there are many that will not learn this lesson until it is too late and there is nothing they can do to save themselves.


Title: Re: Is investment a necessity or a want?
Post by: Tmoonz on March 20, 2024, 10:23:46 AM
some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

That is a very wrong approach as without health investment is of no use. The priority should always be to stay healthy and happy over anything. If a person is healthy then he will be in a zone where his investment decision will be correct. With correct investment that person will get good profit. Whereas an unhealthy person won't be able to take the right decision. It is imperative to take care of your health first than thinking about investment.

I love the way you sound about , I know many forks are going to have contrary views and opinion about this whole thing but however health they said is wealth, it is essential to be in good and of sound mind in other to make good invest decisions and the very much vitality, energy, strength is also needed as to this regards hence I choice prioritizing good healthy over investment which is meant to a choice and not a necessity.


Title: Re: Is investment a necessity or a want?
Post by: Kelward on March 20, 2024, 11:58:06 AM
Nobody should pursue investing in assets ahead of their own health. What is the point having lots of money if you’re very ill or worse, dead. Buying cryptocurrency is great but I would not do so if I couldn’t afford healthcare. Your friend needs to sort out his priorities, especially if he has a family.

The key word here is priority, so it depends on what every individual will see as most important in their hierarchy of needs, if anybody unfortunately picks investment over their health conditions, then it'll be a very unfortunate choice, because they might not live to enjoy the returns on their investments. Investments falls into the category of secondary needs, so the basic primary needs has to be taken care of first, like food, healthcare, shelter, transportation to workplace, before you can talk about savings and investments. People need to think smart and put first things first.


Title: Re: Is investment a necessity or a want?
Post by: encryptogon on March 20, 2024, 12:00:55 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Health is wealth and Investment should not be done at the cost of health. If a person has the money and a medical condition; the priority should be given to health. If your friend is buying coins with the money he should spend on his health, he is making a big mistake because you never know when the health will deteriorate to the extent that it will not be recoverable. If I were in his place, I would have spent the money on my health because altcoin investment can wait.
I have seen many forum colleagues warning against the investment in altcoins because they are very risky. So, it is better to listen to experienced individuals and refrain from investing in altcoins.


Title: Re: Is investment a necessity or a want?
Post by: Tmoonz on March 20, 2024, 12:20:55 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Health is wealth and Investment should not be done at the cost of health. If a person has the money and a medical condition; the priority should be given to health. If your friend is buying coins with the money he should spend on his health, he is making a big mistake because you never know when the health will deteriorate to the extent that it will not be recoverable. If I were in his place, I would have spent the money on my health because altcoin investment can wait.
I have seen many forum colleagues warning against the investment in altcoins because they are very risky. So, it is better to listen to experienced individuals and refrain from investing in altcoins.

Am in a big shock when some person's could not differentiate want and necessity, in as much as how risky investing in Altcoins may seen to be the truth is that it is not completely bad thou the risk is very high and that requires a high level individual tolerance Incase things goes the wrong way. However that is why it is more reasonable enough to only invest the amount that you can afford to loss, alot has gained from it and also a lot has loss too. But the truth is if you make a priority you will definitely invest more than what you can't afford to loss. Hence, ensuring of one basic needs is very important first before investment.


Title: Re: Is investment a necessity or a want?
Post by: livingfree on March 20, 2024, 12:55:50 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Tell that person that wherever he is, it's the quote about health is wealth is already right. You can't enjoy your riches and wealth when you're bedridden and you can't move from here and there.

Just give him a reminder that if it's about his health and investments, it's best to invest to his physical body by taking care of it.

The rest can follow and he can enjoy things when he's healthy and that's what he has to be reminded of.


Title: Re: Is investment a necessity or a want?
Post by: Epaper on March 20, 2024, 02:50:43 PM
In my opinion, it all depends on ourselves. Sometimes for some people investment is a necessity because they feel they need to save from now on to enjoy the results when they are old. Moreover, if you invest in crypto which offers big profits, most people flock to invest in cryptocurrencies because they can get satisfying profits.


Title: Re: Is investment a necessity or a want?
Post by: EarnOnVictor on March 20, 2024, 03:40:27 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
It is good to invest but bad to prioritise it over your health. Your health is your wealth and must be the first priority because if you eventually make the money and make it big and your health is not good enough to enjoy it, you will still be at a loss. So, advise your friend better about this, maybe he can find the means to do the two together as it's worthless to gain money and be sick.

Furthermore, necessity is a need, you can't do without it, or else, you will directly suffer. By virtue of that, the investment is not particularly a necessity but the health you cited is. The investment becomes a necessity if you cannot survive without it, just like those who do not have any job/work but want to invest or do business (necessity).

But for those who are working and have other means of income, the investment is not a necessity as their living doesn't depend on it (want).


Title: Re: Is investment a necessity or a want?
Post by: Bushdark on March 20, 2024, 04:36:47 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
As the price of Bitcoin is going up but currently the market ha sbeen ranging for a while without the vast movement we had been seeing for weeks now. I think it is time for us to wait for the Bitcoin halving because it is one of the things that is going to move the market to keep going bull. There are many things we can benefits from the market and also we needed to work on ourselves for us to get the right information that is going to help us to benefit investing in projects that are going to be profitable at the end.


Title: Re: Is investment a necessity or a want?
Post by: Miles2006 on March 20, 2024, 05:16:54 PM
Sometimes meeting up with your investment can be a little frustrating, loosing focus from one distraction to the other is also annoying but still let's not take our investment more serious compared to our health. When there's no life there's no investment, if I'm given a question to answer like mention just one valid reason why you choose to invest definitely I will make mention of my health first and well being, no one should be deceived on how to accumulate, when to buy or when missing out. I will say health should be treated first before considering investing.


Title: Re: Is investment a necessity or a want?
Post by: Sayeds56 on March 20, 2024, 06:50:47 PM
In my opinion, it all depends on ourselves. Sometimes for some people investment is a necessity because they feel they need to save from now on to enjoy the results when they are old. Moreover, if you invest in crypto which offers big profits, most people flock to invest in cryptocurrencies because they can get satisfying profits.

Certainly, our ability to achieve goal of saving some funds for investment, depends on our financial circumstances, specially balancing our routine monthly expenses against our income. In my opinion whatever is our monthly home take, we should at least allocate 10% towards investing in Bitcoin which is known as digital Gold. If, we consistently accumulate Bitcoin in small amounts, such as $100,, It is possible that by the time we reach retirement age, we will have enough accumulated Bitcoin to comfortably enjoy our retirement.


Title: Re: Is investment a necessity or a want?
Post by: batang_bitcoin on March 20, 2024, 08:08:08 PM
If it's a necessity for every person, yes. But if it is compromising someone's health then it is not really good at all. You don't sacrifice your health just for you to invest. There should be a great balance and you don't have to sacrifice mostly your health just for you to have it like you're invested. Don't invest when you're in need to compromise your health or there's a need to exchange your priority so that for you keep up to date and become invested.


Title: Re: Is investment a necessity or a want?
Post by: Dailyscript on March 20, 2024, 08:13:51 PM
I see investment as a necessity because if I had to keep my money in my local bank account, I would have made good use of it. I would make unnecessary expenditures, and if I imagined saving them, i would get cut off by inflation, which would decrease my purchasing power. Currently, i have disposable funds After I take my income, there is some money left for investment and savings, so there is no need to keep them without any good use.

Also, I am concerned about my growth and level of finance in the next three years. By now, I should have a good investment or a progressive business. Its a choice to choose either business or investment. Since I have no business idea, I chose investment and will stick to it.


Title: Re: Is investment a necessity or a want?
Post by: |MINER| on March 20, 2024, 08:27:28 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Obviously there is nothing greater than health.  And I think a person should never be forced to invest without considering his health.  Because if the health is not good then even if huge amount of profit comes from the invested funds then they will not be enjoyable. So I think in the beginning we should take care of our health above everything else.  If health is good, everything will be good.  And always invest as much as a person can afford to lose.  If one does not have the ability to invest here, then there is no need to invest.


Title: Re: Is investment a necessity or a want?
Post by: Wexnident on March 20, 2024, 08:54:45 PM
~
Health should be a priority over anything else. It only becomes secondary if you don't have the financial capability to support you (even if you include various support systems that the government has) which means you're close to being truly fucked. Doesn't apply here to your friend so yea, he can pretty much take care of himself if he wants to. Most likely selling off a part of his portfolio would do the trick if he has spent all his money on investing.

Prevention is always 100% better than a cure.


Title: Re: Is investment a necessity or a want?
Post by: AnonBitCoiner on March 21, 2024, 05:26:07 PM
People are doing investment for making their future satisfied but if someone is investing with a money that he should use for the recovery of his health then I think such investment will not give him better results but he will loss his life due to investment.

Investment is good idea but investment should not be consider as a compulsory thing because health is more important than wealth. Think about a fact that if you earn lots of money by using money of treatment in investment but tour health is not well then you will use double amount to treat yourself later but there will be no benefit of it.


Title: Re: Is investment a necessity or a want?
Post by: SamReomo on March 21, 2024, 06:04:21 PM
some one very close to me has been prioritizing coins involvement other than his health care.
If that person is having any health related issues then he/she must give more priority to his/her health instead of thinking a lot of investing in coins. Investment isn't a necessity and no one forces anyone to invest in anything, it's someone's own choice to invest or not to invest.

If your friend wants to invest then he/she should invest but I believe taking care of his health should be given more priority than investing. Health is your true wealth without it no profits can make you wealthy. Even if someone earns $1M by investing, without good health that would not make him/her happy.


Title: Re: Is investment a necessity or a want?
Post by: Tmoonz on March 21, 2024, 07:35:45 PM
some one very close to me has been prioritizing coins involvement other than his health care.
If that person is having any health related issues then he/she must give more priority to his/her health instead of thinking a lot of investing in coins. Investment isn't a necessity and no one forces anyone to invest in anything, it's someone's own choice to invest or not to invest.

If your friend wants to invest then he/she should invest but I believe taking care of his health should be given more priority than investing. Health is your true wealth without it no profits can make you wealthy. Even if someone earns $1M by investing, without good health that would not make him/her happy.

Greed is what has lead so many to their early grave, when somethings  are done overly it becomes a major problem and may significantly affect other aspects on ones life, investment is good but shouldn't really done at the detriment of ones health. there is no better of doing things by considering your personal terms and conditions you can't be doing things same way the next person is doing without consideration the truth is money should be spent according to human pressing needs which health care is a top priority.


Title: Re: Is investment a necessity or a want?
Post by: Yatsan on March 22, 2024, 02:34:15 PM
Investments are necessary simply because it has benefitd in particular with the investor but no one is required to do so. There are instances wherein peopl are finding wealth from other things such as a good work or profession related money. But given how many forms there are for investments, some people are misunderstanding its concept. Investment is often referred as a passive income but there are instances wherein it is not such as with equipments which will make things easier or simply things promoting convenience, those are also investments. Now if it is profit from investment which makes it necessary then for sure it is.
some one very close to me has been prioritizing coins involvement other than his health care.
If that person is having any health related issues then he/she must give more priority to his/her health instead of thinking a lot of investing in coins. Investment isn't a necessity and no one forces anyone to invest in anything, it's someone's own choice to invest or not to invest.

If your friend wants to invest then he/she should invest but I believe taking care of his health should be given more priority than investing. Health is your true wealth without it no profits can make you wealthy. Even if someone earns $1M by investing, without good health that would not make him/her happy.

Greed is what has lead so many to their early grave, when somethings  are done overly it becomes a major problem and may significantly affect other aspects on ones life, investment is good but shouldn't really done at the detriment of ones health. there is no better of doing things by considering your personal terms and conditions you can't be doing things same way the next person is doing without consideration the truth is money should be spent according to human pressing needs which health care is a top priority.

There are also times carelessness and overconfidence leads to bankruptcy with investments especially those which became really profitable. Some investors are stopping to learn new things to prolong their investments. One thing should be noted with investment; its longevity relies on how will the investor make things possible. With real estate investment then there's a high tendency for longevity but in most forms of investments, everything's dependent with many factors which is why many investments are failing in the long run.


Title: Re: Is investment a necessity or a want?
Post by: Shamm on March 22, 2024, 04:42:18 PM
Why do we earn money in life? We must earn money to do good things in life to live well and be happy and peaceful. Moreover, we earn money and save it for our good health and emergency. This is what we should always do. What is the use of earning this money if our body is not healthy and if we are not alive?  If you die today, this money will not do you any good, so focus on your good health first. We may earn a lot of money in life, but once this life is lost, it can never be regained.

We need to earn some money in order to survive in this world cause we all know that life is temporary and we need to execute what we need to execute in order to live. And also like what we did in our daily jobs which we need to work in order to get a good salary but in the real life we need to invest in ride rato have a good profit in the future. And if that will happen then a slot of things we can buy and some of our wants will be granted. So as of now we need to invest  in order to make more things impossible.


Title: Re: Is investment a necessity or a want?
Post by: Bushdark on March 22, 2024, 05:47:32 PM
People are doing investment for making their future satisfied but if someone is investing with a money that he should use for the recovery of his health then I think such investment will not give him better results but he will loss his life due to investment.

Investment is good idea but investment should not be consider as a compulsory thing because health is more important than wealth. Think about a fact that if you earn lots of money by using money of treatment in investment but tour health is not well then you will use double amount to treat yourself later but there will be no benefit of it.
Investing is good and it's also left for us to decide whether we are interested in investing our funds or not or better keep it somewhere.
There were people that are never interested in investing especially in the crypto world but would want to keep saving there funds until when they needed it. It is important we know what actually works for us and take such decision. Some persons too could be interested in spending there fund lavishly because they they have people they are always bringing business deals to them to make more money.


Title: Re: Is investment a necessity or a want?
Post by: Churchillvv on March 23, 2024, 01:33:12 AM
Some people misuse opportunities, because you have the chance or opportunity to invest in crypto does not guarantee you to put all you life into it. They say people should be passionate about what they do but spend all you life including your health life for coins is worth two risk.

In a normal sense, it's only those who are alive that will eat the fruit of your labour so your life should be first before investment, your friend has lost it all to chasing the bag, I haven't seen anything that I'm so obsessed with that will lead me to taking unnecessary actions against my health and life. 

Directing to your question, investment is a necessity and also a want, they both work Viz vice. One need to invest in any area of life which he or she chooses but it's also if you want. Basically if you don't invest you will end up moving from the social status ladder of being poor to wretched level where you wouldn't be able to find food. But in the aspect of the story your friend is probably losing it to the market.


Title: Re: Is investment a necessity or a want?
Post by: Belarge on March 23, 2024, 01:39:23 AM
If it's a necessity for every person, yes. But if it is compromising someone's health then it is not really good at all. You don't sacrifice your health just for you to invest. There should be a great balance and you don't have to sacrifice mostly your health just for you to have it like you're invested. Don't invest when you're in need to compromise your health or there's a need to exchange your priority so that for you keep up to date and become invested.
We invest because we're probably avoiding going broke when the bear season comes. There's no need to compromise our positions, rather we should be doing everything within our status to sketch out the necessary profits and changes required from our stands. We can start doing what we does best, never relent but doing the ultimate movement in the space which will pave path for generating significant profits. Investment is a necessities for everyone that's indulges in the market, we can't easily become pro traders in a single day or week, a gradual process is expected.


Title: Re: Is investment a necessity or a want?
Post by: Yudhisthir on March 23, 2024, 02:39:11 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

I might be one of them. I'm in FOMO. I've nearly missed all of the bulls because of my simple mistakes and bad luck. I have been on crypto for years but was never able to make any profit. I'm missing on every spectacular rise. All I want to do is get as much money in crypto as possible. I'm not taking out loans for investment but I'm not saving any cash. I don't have money to visit a doctor in case I fell ill. I'm working a day job and that's keeping me sane. Otherwise there are not time schedule I follow, no time when to eat, sleep or wake up. It's my frustration, excitement and expectations that's ruining my lifestyle.


Title: Re: Is investment a necessity or a want?
Post by: adzino on March 23, 2024, 04:52:26 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
I would say investing is more like an option than a necessity or want. It is something that can help secure your future, make your life more easier and comfortable, especially when you are about to retire. Investment allows you to grow your wealth over time, but it shouldn’t come at the cost of your well-being and health, specially your mental health. No matter how much you invest, if you aren't healthy (which will cause you to die soon), what are you going to do with those wealth? You won't be in a position to enjoy the gains from your investments. Prioritize your health first and then go after wealth.


Title: Re: Is investment a necessity or a want?
Post by: Promocodeudo on March 23, 2024, 05:41:14 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

To me I don't think it is nice for anyone to prioritize investment more than his health, no doubt I strongly support anyone who likes investment but ones health should be given utmost concern, how will you leave to reap your investment profit you arr not taking your health serious.
There is a saying that health is wealth, this mistake should not be made by anyone, don't joke with your health because, your health might worsen before you get your profit, so health first.
Though money making and investment mindset should be encouraged but it should be done to undermine our health, the health of every individual is important.
Op try as much as possible to make your friend understand that his health is important and major priority should be given to it than any other thing at this time.


Title: Re: Is investment a necessity or a want?
Post by: tygeade on March 24, 2024, 06:12:32 AM
some one very close to me has been prioritizing coins involvement other than his health care.
If that person is having any health related issues then he/she must give more priority to his/her health instead of thinking a lot of investing in coins. Investment isn't a necessity and no one forces anyone to invest in anything, it's someone's own choice to invest or not to invest.

If your friend wants to invest then he/she should invest but I believe taking care of his health should be given more priority than investing. Health is your true wealth without it no profits can make you wealthy. Even if someone earns $1M by investing, without good health that would not make him/her happy.
Yeah, I had this and not for myself a loved one had it and I had to stop all the investment thinking and just started not only cashing out all my investments, but starting selling off stuff from my house just to be able to pay it. Don't get me wrong, I did made a profit from my investments and that helped a lot, but that doesn't mean I wouldn't rather keep that.

However, when it's about health, then everything else takes a hold and we all start to consider money as unimportant. No amount of money ever bought a second, and that's the type of living you need to be doing. If you are investing, then your purpose is to have money when you need it and what other reason could it be better than health reason?


Title: Re: Is investment a necessity or a want?
Post by: Y3shot on March 24, 2024, 07:57:26 AM
Like they always say health is wealth,  if you don't take care health to be healthy you can't get the profit you are looking for , if at all you get the profit and you are not having a sound health,  you might likely spend all your money just to get good health.  Health first, investment must not come first before health.  Investment is important but one need to have sound health first.


Title: Re: Is investment a necessity or a want?
Post by: mvdheuvel1983 on March 24, 2024, 08:07:51 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

I think your friend needs to have a change of mindset and maybe you need to make him to understand that he needs to be healthy so he can be alive to monitor and enjoy the profit that will come out of he invested his money on anything. People should not choose money over good health because health can't be traded for anything else and someone needs to have good health before thinking straight, give your friend the best advice to work on his health before thinking about investing in any coin.


Title: Re: Is investment a necessity or a want?
Post by: Tmoonz on March 24, 2024, 09:36:50 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

I might be one of them. I'm in FOMO. I've nearly missed all of the bulls because of my simple mistakes and bad luck. I have been on crypto for years but was never able to make any profit. I'm missing on every spectacular rise. All I want to do is get as much money in crypto as possible. I'm not taking out loans for investment but I'm not saving any cash. I don't have money to visit a doctor in case I fell ill. I'm working a day job and that's keeping me sane. Otherwise there are not time schedule I follow, no time when to eat, sleep or wake up. It's my frustration, excitement and expectations that's ruining my lifestyle.

You have to take it easy, you are on the line of chasing losses which can be very devastating emotionally because of the wired feeling you get from your previous involvement which will make you to be in the market even when and where you are not supposed to be, however there is need to be emotionally stable in other for you to make an informed decisions that will a better lead to your success.


Title: Re: Is investment a necessity or a want?
Post by: Makus on March 24, 2024, 10:13:52 AM
It's very wrong to prioritize your investment over your health. Because only the living have the hope of investing, if you die while prioritizing your investment first, you might end up having a lost coin, if no one is able to locate your seed phrase and gain access to your coin. Though I don't mean living a luxurious life and forget about investment NO! What I mean is, if you're in a position to pick between going for medication or Investing, you should pick medication no matter what. But if you have the ability to go for the two without your investment fund affecting your other financial activities, then go for it.


Title: Re: Is investment a necessity or a want?
Post by: Bushdark on March 24, 2024, 10:22:21 AM
It's very wrong to prioritize your investment over your health. Because only the living have the hope of investing, if you die while prioritizing your investment first, you might end up having a lost coin, if no one is able to locate your seed phrase and gain access to your coin. Though I don't mean living a luxurious life and forget about investment NO! What I mean is, if you're in a position to pick between going for medication or Investing, you should pick medication no matter what. But if you have the ability to go for the two without your investment fund affecting your other financial activities, then go for it.
Who would anyone choose to invest what they have rather than taking good care of their health.
Healthy is paramount and we need to take it very seriously. There I no way we could make money in the market and keep accumulating it with taking a watch on our health to make sure that we are okay. If we keep working and working, making money and we don't take good care of our health, we could be surprised that we can use almost all the funds we have made so far to treat ourselves and there would be no more time to go to the work we take paramount to than our health.


Title: Re: Is investment a necessity or a want?
Post by: AnonBitCoiner on March 24, 2024, 10:29:00 AM
Investing is good and it's also left for us to decide whether we are interested in investing our funds or not or better keep it somewhere.
There were people that are never interested in investing especially in the crypto world but would want to keep saving there funds until when they needed it. It is important we know what actually works for us and take such decision. Some persons too could be interested in spending there fund lavishly because they they have people they are always bringing business deals to them to make more money.

Investment is necessary and full of advantages and everyone knows this fact better and its upto a person's financial system that it allows him to invest or not. Saving and investment are two different things Saving cannot enhance the value of your money but investment do so therefore we should not think these two as one thing.

Nobody can ignore the importance of crypto investment but if someone does not possess the fund even he cannot maintain his healthy life due to lack of money then investment is not necessary. Investment should only be possible and advantageous if person is spending a healthy life and also has some extra amount so this can be used for investment.


Title: Re: Is investment a necessity or a want?
Post by: oktana on March 24, 2024, 11:55:18 AM
Investment is a necessity. You can say “I want to invest”, but it is because it is necessary that you decide to do it. But if the person is prioritizing cryptocurrency investment at this time over his health then it’s FOMO. It isn’t that investment that comes from thorough thinking. Investments require you to be in the right state of mind and if your friend isn’t so healthy so is the mind in his body. What if there is a huge dip? That would even make things terrible for him. He should know this.


Title: Re: Is investment a necessity or a want?
Post by: tengui on March 24, 2024, 12:46:04 PM
What do you mean by health? body health? Investing is not a hard job that can harm your health. please explain in more detail.
What is clear is that health is the most valuable thing and we cannot exchange it for anything.


Title: Re: Is investment a necessity or a want?
Post by: bounceback on March 24, 2024, 01:06:02 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Health is a very important main factor in life because without physical health it is impossible for us to do other work such as investing, so it is very unfortunate if there are people who invest in Cryptocurrency but do not pay attention to their health.
Maybe by investing we can get profits, but we have to realize that the profits we get are not comparable to living a healthy life. Personal experience several years ago, I experienced serious illness due to trading and hunting for airdrops without sufficient rest time, in fact almost every night I did not have enough rest time and enough sleep.


Title: Re: Is investment a necessity or a want?
Post by: coin-investor on March 24, 2024, 03:13:35 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

They have seen the opportunity because of the uptrend in the market and they don't want to miss out on the opportunity so instead of buying medicines for their health, they prefer to invest.

This is very risky and if the ailments need a continuous intake of medicines his profit coming from investment will eventually go to buying more medicines and worse getting hospitalized.

You should advise your friend to take it easy prioritize his health and open his eyes to the worst scenario that could happen if he neglects his health.


Title: Re: Is investment a necessity or a want?
Post by: Romeotom on March 24, 2024, 04:27:56 PM
Actually investors always invest with their future in mind because they are interested in getting profit. You will always want to earn double your money. When buying alts you must always understand that they can fall in price at any time. Because there your profit is made. Moreover, it is safe to say that most of the new projects that appear during the bull market and the upcoming halving will be scams. So stay away from scam tokens and invest as profit comes.


Title: Re: Is investment a necessity or a want?
Post by: Huppercase on March 24, 2024, 07:38:59 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

How do you know that people are not investing on their health care? Did you have any claim to back this up? Before I come back to your subject of discussion, I will love to address your main body of discussion. People buy coins because they believe that in every Bitcoin halving, it usually brings about a new bull run and that's the time coins do pump and that's why you see people buying this coins to get the opportunity of this pumps, it's a risk they are willing to take and not because they don't value their health. Majority of them are always short term investors that pu out of the market as soon as they are done having some profits.

Investment is a necessity, even though you are filthy rich today, you stop need to have a good investment otherwise in some years your money will vanish before your eyes. However, I think some of the wana be crypto investors are doing it for quick gains, they want to use $50 to get $100k so they buy Lamborghini and have a nice holiday in pacific ocean on a yacht which is nothing but show off and want in my opinion.


Title: Re: Is investment a necessity or a want?
Post by: cute nmp on March 24, 2024, 08:27:26 PM
It depends to some it is a common want but to many others it is a necessity .Its not a great idea for one to live without any investment not only in cryptocurrency but in other assets too . Have come across many people who become bankrupt as a result of not investing any of their funds when their were financially stable . So to the wise investment is a must not a choice


Title: Re: Is investment a necessity or a want?
Post by: Mate2237 on March 24, 2024, 08:55:04 PM
As others have said it, investment is by choice and not a necessity. The altcoins that are coming to the ecosystem is creating competition in the ecospace. Though Bitcoin is still far above them them and there is no competition Bitcoin with them. Though Bitcoin is creating avenue for the altcoins to excel through the ordinals which make the transaction fee high and because of that people have diverted their attention to other coins and that is why Ethereum and Solana network is congested these days.

Yes the halving of Bitcoin is coming but I don't know how much the price will be in the halving time. And if the price will be low then it is good to sell some of the bitcoins in your portfolio now and buy it again in the halving again and sell back in the All Time High.


Title: Re: Is investment a necessity or a want?
Post by: sulendra12 on March 24, 2024, 10:18:56 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Your health is always your top priority, if the time you spend to research on investments and keeping update with the news around the investment you make, thus those certain activities could decrease your health situation then there is something wrong with the way you do it. I have seen multiple cases of people that have their health become worse because of the certain event happening such as depression, stress, emotional etc.

Investment is an option for those people that wanted to have better future but there are other options on what to invest that suits you instead of risking of your life to do that investment,


Title: Re: Is investment a necessity or a want?
Post by: Wiwo on March 24, 2024, 11:10:31 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Of what use is the investment if you lack good health,  although when you said health you did not mentioned what aspects or what the level or state of his health,  becausits only with that in mind that we can easily make contributions and comments that may come near balance with your answers to this question.

But on a general level, health should come first over investments, instead of neglecting your health on the ground that you want to invest by all means.


Title: Re: Is investment a necessity or a want?
Post by: GigaBit on March 24, 2024, 11:14:43 PM
Like they always say health is wealth,  if you don't take care health to be healthy you can't get the profit you are looking for , if at all you get the profit and you are not having a sound health,  you might likely spend all your money just to get good health.  Health first, investment must not come first before health.  Investment is important but one need to have sound health first.
It is said that health is the root of all happiness. If the health is not good then the investment will be worthless. First an investor should take care of health then he can be motivated to invest. If sales are healthy then investment profits can be enjoyed. No matter how much profit a sick person makes from his investment, it will not bring him good. So we should give priority to our health first and then consider investment matters. A healthy investor can get good options in his investment. It should be remembered that money is not the source of all happiness and also money is essential for happiness.

An investor should not invest in all types of coins when it comes to investing. He must invest after doing proper research. There are some investors who invest in some coins for excess profit which causes them to lose. Investors should consider these issues before investing.


Title: Re: Is investment a necessity or a want?
Post by: AVE5 on March 25, 2024, 01:55:19 AM
Invest is necessary that's decided all by yourself if you wanted it or not. If you understand very well and clear, investments are platforms with the potential returning back with profits. So if you know how important money's to your life and you finds investing as the only way, then you'd not only find it necessary but compulsory to be invested.
I may not blame that of your friend because when poverty had thought you lessions of life, you'd be ignorant to your life in engaging on risky tendencies to fight it out and then, you'd probably be wo careless about your health. Being ignorant to your health isn't worth ignoring it for investment but when you're managing to stand financially, sometimes you'd just have to keep mute at what your bodies requires for good up keep.

Sometime the unhealthy conditions we finds ourselves and are results of lack of funds so we just have to take that risk and prefer investing than sticking to the health first but usually prays that let's just live to stay alive first.


Title: Re: Is investment a necessity or a want?
Post by: MFahad on March 25, 2024, 03:23:53 AM
What I mean is, if you're in a position to pick between going for medication or Investing, you should pick medication no matter what. But if you have the ability to go for the two without your investment fund affecting your other financial activities, then go for it.

Not medication, I wouldn't recommend investing even if a person doesn't have enough money saved before they go for investment because savings are more important as it is a fund that is always readily available for you to use in emergencies whereas an investment doesn't have that nature and only the profits generated from an investment can be used for such situations.

So in my opinion, investment should be the last option on one's list of things to do with their income, and before it, should come basic expenses, medication if any, savings, charity if one can afford it, and then investment because all other things are more important.


Title: Re: Is investment a necessity or a want?
Post by: Makus on March 25, 2024, 05:00:11 AM
Not medication, I wouldn't recommend investing even if a person doesn't have enough money saved before they go for investment because savings are more important as it is a fund that is always readily available for you to use in emergencies whereas an investment doesn't have that nature and only the profits generated from an investment can be used for such situations.

So in my opinion, investment should be the last option on one's list of things to do with their income, and before it, should come basic expenses, medication if any, savings, charity if one can afford it, and then investment because all other things are more important.

To have a happy investment life, one needs an emergency fund to make his investment life go smooth as possible. Most investors make the mistake of not having an emergency fund saved specifically for instances of emergency like sudden sickness or anything that has to do with spending money. Though it's good for someone to have enough money before starting up an investment journey, so you'll not end up spending from your investment when needs arises but if you don't have the a plan strategy, even with all you money you have, when emergencies strick you might end up withdrawing your investment to settle those things.


Title: Re: Is investment a necessity or a want?
Post by: goaldigger on March 25, 2024, 05:55:51 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
This should be balanced, and it should be based on your financial capacity.

Investment is a want of course, and if you really want a better life then you might consider to do some investments or even have your own business.

Health is a necessity that we should not ignore while we are aiming for our dreams because health is wealth and your money is useless if you are not healthy anymore. So before you invest on any thing, make sure you invest with yourself first.


Title: Re: Is investment a necessity or a want?
Post by: JeffBrad12 on March 25, 2024, 06:20:59 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
This should be balanced, and it should be based on your financial capacity.

Investment is a want of course, and if you really want a better life then you might consider to do some investments or even have your own business.

Health is a necessity that we should not ignore while we are aiming for our dreams because health is wealth and your money is useless if you are not healthy anymore. So before you invest on any thing, make sure you invest with yourself first.
there should be understanding that in every scenario health take first priority when health priority is below investment at this point we are not investing but we are in for a really bad future since medical expenses gonna  be waiting for us in the future, investment does I think is a necessity nowadays though, i mean when inflation quite literally eating up your saving about 5% each year you might think of investing to spare yourselves from the inflation as well as preventing overspending if its possible.
therefore i consider nowaday investment as one of the most crucial thing if we want to have a good life in these days otherwise if you truly don't really look after saving money because maybe you already have good income to afford all the thing you want its different matter.
but as i said earlier, i always take health as the first priority, imagine by putting aside health and wellness you are making an inverted investment where you just gonna add up eventual medial expense.


Title: Re: Is investment a necessity or a want?
Post by: Humblevirus on March 25, 2024, 07:43:36 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Someone who is investing and leave his health is making a mistake. That is, if you are saying the truth that your friend is putting investment over his health, because it looks surprising to me that someone is investing in crypto when he is not healthy enough, what is the essence of getting money if he cannot stay healthy? However, even the investment may have problems in the long run because we don't know what his health status will be tomorrow. If he has already invested, he will definitely sell the investment and get the proper care in the hospital.

However, answer to your heading; Investment is not compulsory but is necessary if we have the chance to do it since it will help us in the future. Just something that I can say is a wish; we should not make it that much necessary for ourselves, so I think your friend should understand that health comes first before anything else.


Title: Re: Is investment a necessity or a want?
Post by: peter0425 on March 25, 2024, 07:54:55 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market,
actually there are some new investors but many of investors are just like us who are taking advantage of coming halving and indeed adding their money inside the market.

Quote
but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
We must invest  in our health because our money is nothing if we will die even before enjoying our luxurious living.


Title: Re: Is investment a necessity or a want?
Post by: Dunamisx on March 25, 2024, 08:42:16 AM
We need to make an investment for many reasons and its a need, if we don't make use of such opportunity investing at the right time, such privilege may not come in again and we may never achieve making such investment for life, making investment also comes in with targets and financial demands because what  we are going for will require money from us in other to achieve its establishment, we should also considers the risk that may be involved in any investment kind we are opting in for.


Title: Re: Is investment a necessity or a want?
Post by: Wysi on March 25, 2024, 08:52:18 AM
The groundwork for all happiness is good health, remember one thing "To get rich, never risk your health. After all we need money just for living Investment is a option to make some good money I mean an additional income It shouldn't be compared or prioritize with health.

Some times what actually happen is If you are a newbie and Investing in some asset and all of a sudden or in couple of months your asset is dropping you will literally go down and you will surely have that feel of losing money. Well that's the nature of a human and we shouldn't go craze with investing more. Before Investing in any asset we have to Invest only what we can afford else you are in Danger.


Title: Re: Is investment a necessity or a want?
Post by: Essential10 on March 25, 2024, 09:02:16 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
People choose their investments individually. Many people think of long term investment while others think of short term investment. If you are physically and mentally disturbed while investing in the current market environment, you struggle to focus on investing to make wise decisions then it will be difficult to sustain your investment success. To be physically strong you need to take care of your health. Remember that your health is your most valuable asset, without it your financial gains will not bring you the fulfillment and happiness you desire. Prioritize self-care alongside your investment strategies to ensure the future.


Title: Re: Is investment a necessity or a want?
Post by: SeriouslyGiveaway on March 27, 2024, 03:52:02 AM
In my opinion, investing is more about desire than necessity. There are many people who still live well without participating in any form of investment, as long as their finances are secure. And when deciding to invest in a certain field, it also comes from our desire to choose, but paying attention to health is necessary. If you are not healthy, investing will certainly not be favorable. Give up thinking about making money first and then worrying about your health. I think a more viable option for you is to use some of your spare money without affecting your health care to invest in Bitcoin. Why Bitcoin and not Altcoin? Because investing in Bitcoin will not take you too much time to learn about it, while ALtcoin is a different story, a few years later it is unlikely that the Altcoin you bought will still exist. Investing in Bitcoin will give you more time to do other things, especially taking care of your health. With this plan, you can ensure two criteria: investment and time to take care of your health.


Title: Re: Is investment a necessity or a want?
Post by: Tmoonz on March 27, 2024, 05:15:16 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

How do you know that people are not investing on their health care? Did you have any claim to back this up? Before I come back to your subject of discussion, I will love to address your main body of discussion. People buy coins because they believe that in every Bitcoin halving, it usually brings about a new bull run and that's the time coins do pump and that's why you see people buying this coins to get the opportunity of this pumps, it's a risk they are willing to take and not because they don't value their health.

Am sorry for the late reply I have been busy, actually I never wanted to bring this up but I think I should at this point, firstly personally i don't love the idea of involving in some many coins, I have a friend that is more like a brother to me he called me to lend  him some money to complete his hospital bills yes he had an accident and has been in the hospital for two weeks of which I did lend him the money he asked for but to my greatest surprise he called back again and ask for more money and when I asked he told me that he used the money buy to a coin some one introduced to him to be a promising coin while in the hospital, he was very opened and sincere to me because of the level of our friendship, I know he is going to pay back as soon as possible but I was not expecting him to put his coin involvement before his health not to talk more about  what could be the outcome of the market because of uncertainty.


Title: Re: Is investment a necessity or a want?
Post by: Epaper on March 28, 2024, 10:08:02 AM
In my opinion, it all depends on ourselves. Sometimes for some people investment is a necessity because they feel they need to save from now on to enjoy the results when they are old. Moreover, if you invest in crypto which offers big profits, most people flock to invest in cryptocurrencies because they can get satisfying profits.

Certainly, our ability to achieve goal of saving some funds for investment, depends on our financial circumstances, specially balancing our routine monthly expenses against our income. In my opinion whatever is our monthly home take, we should at least allocate 10% towards investing in Bitcoin which is known as digital Gold. If, we consistently accumulate Bitcoin in small amounts, such as $100,, It is possible that by the time we reach retirement age, we will have enough accumulated Bitcoin to comfortably enjoy our retirement.
Correct. I agree with you that such a step is a wise one. By investing in bitcoin regularly, in retirement we will enjoy the results comfortably. But we also have to analyze the market so we know when is the right time to enter and exit.


Title: Re: Is investment a necessity or a want?
Post by: StreakW on March 28, 2024, 01:20:49 PM
For me, it is difficult to separate needs and desires in investing because the two are closely related. Of course, someone wants to invest because of the need so that by investing they can get profits and can help to achieve the desired goals. Therefore, I view investment as a need and a desire that must be carried out simultaneously.


Title: Re: Is investment a necessity or a want?
Post by: terrific on March 28, 2024, 01:31:02 PM
For me, it is difficult to separate needs and desires in investing because the two are closely related. Of course, someone wants to invest because of the need so that by investing they can get profits and can help to achieve the desired goals. Therefore, I view investment as a need and a desire that must be carried out simultaneously.
All of us want to invest but not everyone can invest due to the fact that we're not the same situation financially.
But if you have a better life and you are able to invest, you should choose to invest into something that you know and has the potential for you to have a better life but make sure choose a project that you know.


Title: Re: Is investment a necessity or a want?
Post by: arjunmujay on March 28, 2024, 03:01:48 PM
For me, it is difficult to separate needs and desires in investing because the two are closely related. Of course, someone wants to invest because of the need so that by investing they can get profits and can help to achieve the desired goals. Therefore, I view investment as a need and a desire that must be carried out simultaneously.
especially for you or anyone who has similar problems, wants an investment whose results will later meet their needs. My advice is to choose a coin that has good fundamentals, solid community, and a clear project. so you won't be trapped into buying coins that are not clear and will end up harming you in the future.
But if you're confused, don't think too much, just choose Ethereum as your main choice besides Bitcoin.


Title: Re: Is investment a necessity or a want?
Post by: bettercrypto on March 28, 2024, 04:32:18 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Someone who is investing and leave his health is making a mistake. That is, if you are saying the truth that your friend is putting investment over his health, because it looks surprising to me that someone is investing in crypto when he is not healthy enough, what is the essence of getting money if he cannot stay healthy? However, even the investment may have problems in the long run because we don't know what his health status will be tomorrow. If he has already invested, he will definitely sell the investment and get the proper care in the hospital.

However, answer to your heading; Investment is not compulsory but is necessary if we have the chance to do it since it will help us in the future. Just something that I can say is a wish; we should not make it that much necessary for ourselves, so I think your friend should understand that health comes first before anything else.

Well, health is wealth, and we all know that. Take the amount of money if life depends on it. Money has never saved a life when a person is terminally ill. Now, let's go back to the topic: investment is a choice, a tool that can help give growth to the capital we have.

It is also up to us if it is a necessity or not, because if every investment has a good ROI in our capital, it will become a necessity for an investor, but if every time an investor invests in an investment, nothing always happens, it is not a necessity to him but instead a failure or frustration to him.


Title: Re: Is investment a necessity or a want?
Post by: Tomcolor on March 28, 2024, 06:54:04 PM
In fact, we always consider investment as a profitable business for the future, so if everything is done well with experience, then good profits are sure to be obtained. Here you can buy more tokens for less and less tokens for more money. In fact everything is revealed as a result of your patience and experience Investing in cryptos as well as trading also gives good profits so you need to practice a lot even if you are trading. The key is time and skill to participate in everything crypto.


Title: Re: Is investment a necessity or a want?
Post by: Ben Barubal on March 28, 2024, 07:13:07 PM
In fact, we always consider investment as a profitable business for the future, so if everything is done well with experience, then good profits are sure to be obtained. Here you can buy more tokens for less and less tokens for more money. In fact everything is revealed as a result of your patience and experience Investing in cryptos as well as trading also gives good profits so you need to practice a lot even if you are trading. The key is time and skill to participate in everything crypto.

     So not all investments are profitable, as there are also many types of investment, such as traditional business, online investment, real estate, gold, stocks, and crypto. But of course, it depends on our choice, which we think is a good opportunity.

     So here it is now that our wise investors are coming in that we should be able to research before making money, right?


Title: Re: Is investment a necessity or a want?
Post by: kamvreto on March 28, 2024, 07:17:08 PM

Investment can become a necessity because by investing we can grow quite well financially, especially by investing in crypto which has quite high price fluctuations, this makes investment grow faster. but with the right choice of coins like bitcoin. I have top bitcoin and altcoin investments that I still hold, they have started to grow and provide returns.


Title: Re: Is investment a necessity or a want?
Post by: johnsaributua on March 28, 2024, 10:37:33 PM
For me, it is a desire, because investment sometimes wants to have it when the condition is urgent and the condition has a low income of money (hallucinating results and regretting themselves) furthermore when having enough money instead choose to save and use for daily needs, in general. it is not very good even though I sometimes do so to cover my household expenses ;D . Therefore, awareness must arise, such as throwing away money that is meaningless in small amounts and ignoring it, I believe it would be much better to set aside cold money. Although it's human nature to want to invest all the money to get more profit, the fact is that the money will be taken away :D


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The context above includes treatment costs, of course health is the most important, if you want to invest it is better to choose coins with good fundamentals including bitcoin and eth. Even if you choose any altcoin, take 25% of the day's trading capital. all types of coins are good and free according to taste but management before coin shopping is more important. Prioritize capital management over expectations even towards halving.


Title: Re: Is investment a necessity or a want?
Post by: Bitco55 on March 29, 2024, 10:16:50 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

I don't know this person, and enough details wasn't laid on how he has been prioritizing coin investments over his health. It may be that you're over thinking it. It may be that he's just simplifying and he's well to do even though it isn't the healthiest option, and it may be that he is depriving himself of basic food just so he can invest in crypto. So, I don't know what you mean, but what may be really detrimental is neglecting health issues cause he doesn't want to spend his money on treating it instead he invests it. Although, this is bad, investments is still a necessity ( well at least for me) don't know about you though. Don't sacrifice something you can't recover in the process of making wealth, but also know that making wealth is important too.

Hope I didn't confuse you though. Basically, both are really important. A poor man would continue to have health issues and I rich man with bad health is not considered wealth. Health is wealth.



Title: Re: Is investment a necessity or a want?
Post by: john1010 on March 29, 2024, 03:17:23 PM
For some people, investing is a necessity. They invest to grow their savings and build wealth for important life goals, like buying a house, funding their children's education, or preparing for retirement. Without investing, they may struggle to achieve these financial milestones and secure their future.

However, for others, investing is more of a want. They invest to potentially earn extra money, achieve financial freedom, or pursue their dreams, like traveling the world or starting a business. While investing may not be essential for their immediate needs, it can fulfill their desires and enhance their quality of life.


Title: Re: Is investment a necessity or a want?
Post by: deathcode on March 29, 2024, 03:41:18 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Everyone's planning will be different. Crypto asset investment can become a necessity when investors realize how big the opportunities are for the future. so they make it a wish.
they want to invest for future needs. I think it is a good choice. depending on how they organize their investment planning correctly.

Maybe it will be different if someone invests because they want to follow other people who have been successful with their crypto investments.


Title: Re: Is investment a necessity or a want?
Post by: AnonBitCoiner on March 30, 2024, 10:37:50 AM

Investment can become a necessity because by investing we can grow quite well financially, especially by investing in crypto which has quite high price fluctuations, this makes investment grow faster. but with the right choice of coins like bitcoin. I have top bitcoin and altcoin investments that I still hold, they have started to grow and provide returns.

Investment is a necessity because we can earn money to manage our needs and if we have enough money then investment become our wants. Due to fluctuated nature of crypto everyone wants to make an investment in it to find a way of making money so some people invest due to their wishes as well as interest while some invest due to unlimited needs of a family.

People cannot rely on a single salary so they often invest in crypto because salaries are not enough to accommodate the debit. So I think most of the people make investment in Bitcoin and altcoins for the reason to earn more and to save some amount for future.


Title: Re: Is investment a necessity or a want?
Post by: Webetcoins on March 31, 2024, 02:33:23 PM
Certainly, our ability to achieve goal of saving some funds for investment, depends on our financial circumstances, specially balancing our routine monthly expenses against our income. In my opinion whatever is our monthly home take, we should at least allocate 10% towards investing in Bitcoin which is known as digital Gold. If, we consistently accumulate Bitcoin in small amounts, such as $100,, It is possible that by the time we reach retirement age, we will have enough accumulated Bitcoin to comfortably enjoy our retirement.
Correct. I agree with you that such a step is a wise one. By investing in bitcoin regularly, in retirement we will enjoy the results comfortably. But we also have to analyze the market so we know when is the right time to enter and exit.
Investing till retirement? Hmm, that sounds like a long journey and one must be really committed to it, so that they won't sell too early or they can endure the pain of seeing a good opportunity pass out. It is also important to have a saving on the side apart from our investments so that this is the money that we will use when we are having an emergency.

Anyway, I see a lot of retired people who can rarely enjoy what they set aside. This is why some people are only enjoying their life as long as they can. In investing analysing the market might only be optional. This is one of the best things here, while analysing the market is mostly needed in trading.


Title: Re: Is investment a necessity or a want?
Post by: FanEagle on April 07, 2024, 08:14:42 AM
Considering the financial situation the world is in right now, we have to say that it's really a "must", not even a necessity or anything, it is a must. Because considering what we would be doing right now without any investment at all, it would mean that we would work until we die, there is no way to live with the way we are doing right now.

However, if you invest even a little bit for a long time then it becomes a big amount in the future, that's the most important part. I believe it is going to matter one way or another, and should be something that could give people a better life in the end. I know it may look like it's slow at times, but look at it on the long term and that would be something that would get a lot better eventually.


Title: Re: Is investment a necessity or a want?
Post by: Kelward on April 07, 2024, 06:07:24 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
This should be balanced, and it should be based on your financial capacity.nvestment is a want of course, and if you really want a better life then you might consider to do some investments or even have your own business.Health is a necessity that we should not ignore while we are aiming for our dreams because health is wealth and your money is useless if you are not healthy anymore. So before you invest on any thing, make sure you invest with yourself first.
Very true that health is wealth and your savings and investments are useless if you're not heathy, therefore you must prioritze your health and basic needs to survive before you can think of investment, otherwise you might not be happy or alive to enjoy the ROI of your labor. For an easy investment plan it's important to have a plan of DCA method where you can take periodic fund from the budgeted amount for your investment, in that way you must've mapped out an amount for unforseen expenditures that'll go into savings, remember that savings and investments are not a do or die affair.


Title: Re: Is investment a necessity or a want?
Post by: Frankolala on April 07, 2024, 07:16:51 PM

Investment can become a necessity because by investing we can grow quite well financially, especially by investing in crypto which has quite high price fluctuations, this makes investment grow faster. but with the right choice of coins like bitcoin. I have top bitcoin and altcoin investments that I still hold, they have started to grow and provide returns.

Investment is a necessity because we can earn money to manage our needs and if we have enough money then investment become our wants. Due to fluctuated nature of crypto everyone wants to make an investment in it to find a way of making money so some people invest due to their wishes as well as interest while some invest due to unlimited needs of a family.

People cannot rely on a single salary so they often invest in crypto because salaries are not enough to accommodate the debit. So I think most of the people make investment in Bitcoin and altcoins for the reason to earn more and to save some amount for future.
Investment is necessary because it will safe us in future and also be as a retirement funds for us when we are old. This is why the rich is diff2feom the poor. The rich have investment that they use as back up in their financial lives, and when there is a problem, it is easily solved.

Anyone who does not understand that investment is a necessity, will not be able to fight his way out of poverty. Nowadays, you don't need a land or an investment that everyone will see or pass through stress. This is because bitcoin and cryptocurrency have given us the opportunity to invest with little amount and grow our investment for the future.


Title: Re: Is investment a necessity or a want?
Post by: Magic-Money on April 07, 2024, 09:34:40 PM
Investment is a something that cost you something that we only focus on the future, which not look to be distracted from any where, when it comes for cryptocurrency investment and secondly, when you invest in Bitcoin and Ethereum have rest of mind and it always be in profits as long have patients holding for a long time investment.


Title: Re: Is investment a necessity or a want?
Post by: strunberg on April 07, 2024, 11:09:28 PM
I can say investment is a necessity. One way rich people maintain the value of their wealth is by investing. People who save their money in FIAT or people who always spend their salary will never be successful people. Your salary will continue to be eroded by inflation and that will make you poorer in the future. I agree with your friend who chose to invest. We need emergency funds in the future if there is an urgent need or the company lays off.


Title: Re: Is investment a necessity or a want?
Post by: Wiwo on April 07, 2024, 11:34:31 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Such a person have lost direction,  i don't think he will end well taking such steps, investing in coins for that mater has no guarantee and in the future those coins could become worthless while he may have already lost his health at that point.

There is a popular proverbs that say that health is wealth so there is no way you can chase the wealth and destroying your health in the process,  investment is good but it should be done out of no pressure or demands for the capital and such as important aspects such as health should be seen as primary thing.


Title: Re: Is investment a necessity or a want?
Post by: wheelz1200 on April 07, 2024, 11:57:08 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

It depends on what that Healthcare is.  If he has a cough and just isn't going to the doctor than fine.  But if it's something serious than no investment is worth putting that off.  It's nice to leave things behind but I'm sure those people would rather have the person around than their money.  As with anything balance is the key to life.


Title: Re: Is investment a necessity or a want?
Post by: KupaCrypto on April 08, 2024, 09:48:55 AM
In my opinion investment is a necessity, Is just like a farmer saying planting is a want, as a farmer you need to plant so when it's time for harvest you will be harvesting with other farmers, same goes to BTC and other altcoins if you don't invest how will you benefit when there is a price surge of the coin, if many had known what was coming in Bitcoin they would have invested heavily in it a decade ago, Investing is a necessity but if anyone sees it as a want then it's his or her personal opinion, the sole aim of everyone investment is making profit and if you see investment as a want then you will also see making profits as a want too.

Making investments when it comes to altcoins is the really the problem, the problem is knowing the right coins to invest in and the right time to invest in it.


Title: Re: Is investment a necessity or a want?
Post by: el kaka22 on April 11, 2024, 04:45:02 PM
In order to avoid the pit we are in, we should invest. I personally agree with that statement, it's just the way to figure out how we can survive. I am literally having hard time just surviving until the end of the month, I do not have investments that much, and the ones I have I try to not touch it, like try to avoid it, so it's really hard to live these days. If I cash out my investments, where else will I find the money from, we all know I won't and nothing will get better.

I think it should be important to realize that we need to make sure we could make some money based on what we can provide, and if not then we could turn our money into more money. That way we could feel much better and get a greater return instead.


Title: Re: Is investment a necessity or a want?
Post by: strunberg on April 11, 2024, 05:46:48 PM
Considering the financial situation the world is in right now, we have to say that it's really a "must", not even a necessity or anything, it is a must. Because considering what we would be doing right now without any investment at all, it would mean that we would work until we die, there is no way to live with the way we are doing right now.

Yes I agree with you. Without investment you will only be a worker for the rest of your life until you die. That's a really bad way to live. Currently the rate of inflation is greater than the salary we can receive. This means the value of your money will continue to be eroded by inflation. Investments help you maintain the value of your assets. You can invest anywhere like gold and stock instruments but in this context I agree to set a section for crypto investments. Believe me, you will be able to enjoy your retirement if you consistently invest from now on.


Title: Re: Is investment a necessity or a want?
Post by: vs2014 on April 11, 2024, 05:56:45 PM
I think those who are thinking of investing now may face big losses as the price of bitcoin is constantly falling so most of the tokens will start dumping. I don't want to mention any month but during this year you can get rain in a big bull market. So if you are thinking about holding top altcoins then wait for some more time. If we talk about the emergence of new coins during this period and the decision to buy these coins then your risk will be high.


Title: Re: Is investment a necessity or a want?
Post by: AnonBitCoiner on April 11, 2024, 06:49:08 PM
Investment is necessary because it will safe us in future and also be as a retirement funds for us when we are old. This is why the rich is diff2feom the poor. The rich have investment that they use as back up in their financial lives, and when there is a problem, it is easily solved.

Anyone who does not understand that investment is a necessity, will not be able to fight his way out of poverty. Nowadays, you don't need a land or an investment that everyone will see or pass through stress. This is because bitcoin and cryptocurrency have given us the opportunity to invest with little amount and grow our investment for the future.

The difference between poor and rich is only the power of money as rich can utilise money to make more money but poor people often think about the risk because they have little amount of money which they don't want to loss.

Some rich people don't have any idea about investment and they don't know how to spend money so they never assume investment as a necessity therefore they spend all the money they have earned and at last they feel disappointed after completing their job.

Cryptocurrency is giving us opportunities but most of the people don't accept it because they think that they will loss money but I think they should accept this risk once in life to understand the value of crypto.


Title: Re: Is investment a necessity or a want?
Post by: teamsherry on April 14, 2024, 08:51:09 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Investment is more like a personal decision, cause you can decide to see it as any of these, a person quite young that is much more indulged in live would want to use his income to flex a bit an might see no value in investing but another might see investing as a must at that age, so a lot of possibilities on how people woudl view Investment, but its the 21st century and a lots of folks are getting mature, so yeah at a time like this Investment is more like a necessity than a mere option or soon woudl be, especially when fait holds even fat less value than now.


Title: Re: Is investment a necessity or a want?
Post by: lixer on April 15, 2024, 06:58:51 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Investment is more like a personal decision, cause you can decide to see it as any of these, a person quite young that is much more indulged in live would want to use his income to flex a bit an might see no value in investing but another might see investing as a must at that age, so a lot of possibilities on how people woudl view Investment, but its the 21st century and a lots of folks are getting mature, so yeah at a time like this Investment is more like a necessity than a mere option or soon woudl be, especially when fait holds even fat less value than now.
That's true and and not only young people but many older people still doesn't have an investment. Some could be living their life the way it was designed and some thinks they are too late already for this. Maybe we are now in the 21st century but some people are still the same to what I said earlier.

There's also people that no matter how much they want to invest, it's just that there are factors that won't let them do it. The main would be is lacking in budget due to their small paying jobs. We can't just say that they will need to add another because these people are already working full time and they are tired already after they get home.


Title: Re: Is investment a necessity or a want?
Post by: R100K-Martin-Lunger on April 15, 2024, 08:30:32 AM
I think if you're looking to be financially secure in the future, or have certain financial goals to hit, its a necessity. If you Don't have any particular financial goals to hit, its a want.

Personally, I think its a necessity and everyone should have certain financial goals.


Title: Re: Is investment a necessity or a want?
Post by: Rabbitqt on April 15, 2024, 10:24:11 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
It really comes back to mindset. If you're just putting money in, hoping some no-name coin will do a 1000x, then no, this is no better than gambling. But if you intend to hold this asset long-term, then it's a necessity.


Title: Re: Is investment a necessity or a want?
Post by: Sayeds56 on April 15, 2024, 12:57:26 PM
Investing should be a choice for those who care about the future, but if your money is spent to the detriment of your health, you will soon pay twice. You shouldn't sacrifice your health by buying coins, especially if we think that the OP created a thread in the section about alternative coins. When buying alts, you must understand that they can fall in price at any time. You can worry about buying Bitcoin instead, but that expense should also be money you might not think about for a while. If we talk about the emergence of new coins during this period and the decision to purchase these coins, then it is safe to say that most of the new projects appearing during the bull market and the upcoming halving will be scams. Fraudsters do not sleep; they will create dozens of scams to extract money from naive investors.

Your advice to approach investment with caution specially when it comes to investing in new altcoins, is indeed sound. nevertheless as we reach our 40s, it becomes imperative to start making saving and invest those savings in investment avenues, such as mutual funds or digital assets like Bitcoin to establish financial safety net that can generate income for our retirement years to live a comfortable life.


Title: Re: Is investment a necessity or a want?
Post by: yazher on April 15, 2024, 02:40:31 PM
Well, people are getting hyped in the current situation and such scenarios are normal, the only thing you can do is advise them not to get too much hype that they forget their priorities which makes them throw away their money without giving any second thought about the consequences of their actions. In the altcoin investment, there are lots of people have regret their actions because instead of waiting for the right time and using the money they can afford to lose, they followed some deceiving influencers who were manipulating them to invest rather than making some good effort to research which coins are the best to invest their money with this season.


Title: Re: Is investment a necessity or a want?
Post by: God bless u on April 15, 2024, 04:47:00 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
I think giving a lecture to these kinds of people is just a waste of words. In this world where you can die at any age, in any situation why you're compromising on your present. This is among the top foolish things that you can do with your life.
 
In my opinion you should invest in yourself with all the necessities and wishes you have. Only then something is left behind you should then invest it in different categories and Businesses. It's not fair with yourself that you compromise on your health just to invest and get a safer future that you're not assured of.


Title: Re: Is investment a necessity or a want?
Post by: Sayeds56 on April 15, 2024, 05:24:53 PM
I think if you're looking to be financially secure in the future, or have certain financial goals to hit, its a necessity. If you Don't have any particular financial goals to hit, its a want.

Personally, I think its a necessity and everyone should have certain financial goals.

It sounds like your firmly believe having some kind of financial goals , and continue to pursue them for achieving them, is essential for financial stability in life. this perspective aligns with opinion of many financial experts who emphasize the need to setting clear objectives and manage finance accordingly. the goals can rage from savings for emergencies , investment and ventures for personnel growth. this can provide direction and motivation, helping individuals to make informed decisions about their money.


Title: Re: Is investment a necessity or a want?
Post by: khiholangkang on April 15, 2024, 08:01:28 PM
I think if you're looking to be financially secure in the future, or have certain financial goals to hit, its a necessity. If you Don't have any particular financial goals to hit, its a want.

Personally, I think its a necessity and everyone should have certain financial goals.

It sounds like your firmly believe having some kind of financial goals , and continue to pursue them for achieving them, is essential for financial stability in life. this perspective aligns with opinion of many financial experts who emphasize the need to setting clear objectives and manage finance accordingly. the goals can rage from savings for emergencies , investment and ventures for personnel growth. this can provide direction and motivation, helping individuals to make informed decisions about their money.

Honestly, if you understand the title of the discussion about needs and wants, it has a very close correlation, where in my opinion Investment is a need and wants can be said to be "wants that are needed" or "needs that we want" isn't that the same?

I strongly believe that people who understand finance will really want to invest and investment is a necessity that he needs to take in managing his money, but as I said that this applies only to people who understand finance, and of course he has a target in his life if he has knowledge about finance, so that money management is a way of how someone saves his money in several categories that he needs for now and the future.


Title: Re: Is investment a necessity or a want?
Post by: lalabotax on April 15, 2024, 09:41:41 PM
Is investment a necessity or a want?
Basically, investment is a necessary, but a want or willing is a way to start realizing it. So, if you have willing to invest, this will lead you to start investment for  the shake of  your actual necessary.  But of course, everybody's  necessary is  different. it will also  depend on point of view or considerations and also condition of each person.

It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Investment is indeed a necessity. However, this is not the main need. However, in this case, what is important is: health comes first. However, compared to preferring to invest in coins instead of thinking about health, I can't immediately judge that it's not good.

First, I have to know what kind of health condition your friend is experiencing? Is it a disease that is urgent to recover from and requires a lot of money? Or a simple illness that doesn't require a lot of money to cure, so he prefers to use the money to invest. But what is certain is that you should still prioritize your health first, before thinking or using some of your money to invest. Continue to use wise financial management so that the investment continues, but your health is also controlled and not neglected.


Title: Re: Is investment a necessity or a want?
Post by: dunfida on April 15, 2024, 09:50:10 PM
Is investment a necessity or a want?
Basically, investment is a necessary, but a want or willing is a way to start realizing it. So, if you have willing to invest, this will lead you to start investment for  the shake of  your actual necessary.  But of course, everybody's  necessary is  different. it will also  depend on point of view or considerations and also condition of each person.

It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Investment is indeed a necessity. However, this is not the main need. However, in this case, what is important is: health comes first. However, compared to preferring to invest in coins instead of thinking about health, I can't immediately judge that it's not good.

First, I have to know what kind of health condition your friend is experiencing? Is it a disease that is urgent to recover from and requires a lot of money? Or a simple illness that doesn't require a lot of money to cure, so he prefers to use the money to invest. But what is certain is that you should still prioritize your health first, before thinking or using some of your money to invest. Continue to use wise financial management so that the investment continues, but your health is also controlled and not neglected.
There would really be always having that limitation specially to;

• Health

Yes,money making is really that necessary or really that important but we should really be that prioritizing our health too or other important things on which
we cant really be that putting up that 100% time and effort towards investment but it cant really be denied that once you do have that several income source then
you would really be living up on a life which it doesnt really have that kind of potential problem when it comes to finances and this is why there would really
be those people who would really be that willing on taking up such risks.


Title: Re: Is investment a necessity or a want?
Post by: Kelvinid on April 15, 2024, 10:22:09 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Investing is not a necessity but a must thing to do if you want to have a better life. Smart people prioritize those things that give them returns and that is how investing exactly does. If we have money, that is too easy to take care of our health as we already can support ourselves when there are emergencies. It is just something we need to think about if we want to improve our living, investing is the best option to take as this continues to generate profit until we stop. More investments, more money, and of course, we also have a healthy life as we never stress our mind as money is not a problem anymore and whatever we want, we can have it.
'


Title: Re: Is investment a necessity or a want?
Post by: Kristiyana on April 21, 2024, 07:09:23 AM
The fact that we need to invest for better tomorrow or future doesn't mean someone should go and kill him/herself all in the name of trying to set things in place. remember, it's someone that is alive that we eat what he/she invest. Just like the Bible said what shall it profit a man to gain the whole world and lose his soul my own rephrase is that what shall it profit you to invest now and you are nowhere to be found tomorrow. However, as someone is investment he/she should also endeavor to look out for their health which is very important because you can't invest if your seriously down or ill.


Title: Re: Is investment a necessity or a want?
Post by: Essential10 on April 21, 2024, 08:12:19 AM
I think those who are thinking of investing now may face big losses as the price of bitcoin is constantly falling so most of the tokens will start dumping. I don't want to mention any month but during this year you can get rain in a big bull market. So if you are thinking about holding top altcoins then wait for some more time. If we talk about the emergence of new coins during this period and the decision to buy these coins then your risk will be high.
The price of Bitcoin may be a bit high right now but I don't think those who invest new will suffer. Bitcoin has already been halved yet the price of Bitcoin is trending upwards, I think we are headed for a major bull market in the future. New projects have no guarantee that anything will happen in the future. If you can start investing in top altcoins or bitcoins now and hold the investment, you can experience good profits at the end of a big bull run year or next year.


Title: Re: Is investment a necessity or a want?
Post by: Bushdark on April 21, 2024, 09:07:59 AM
If we don't invest what we have now, how do we I tend to make money from the crypto market?
Investment is not a want but a necessity for us to keep building our future so that we can have what to write about when we are in a big shit. Cryptocurrency is here to stay and we can make.huge profits from the market not minding the current season that we are.
Investing is what is going to give us a chance to earn massively even with the job we are doing that is helping us to stay safe.


Title: Re: Is investment a necessity or a want?
Post by: EarnOnVictor on April 21, 2024, 10:00:14 AM
I think those who are thinking of investing now may face big losses as the price of bitcoin is constantly falling so most of the tokens will start dumping. I don't want to mention any month but during this year you can get rain in a big bull market. So if you are thinking about holding top altcoins then wait for some more time. If we talk about the emergence of new coins during this period and the decision to buy these coins then your risk will be high.
The price of Bitcoin may be a bit high right now but I don't think those who invest new will suffer. Bitcoin has already been halved yet the price of Bitcoin is trending upwards, I think we are headed for a major bull market in the future. New projects have no guarantee that anything will happen in the future. If you can start investing in top altcoins or bitcoins now and hold the investment, you can experience good profits at the end of a big bull run year or next year.
I don't see things your way, people who are just investing in Bitcoin should be very concerned, no asset without its challenges, unlike the way you are talking about Bitcoin as a safe haven. For the record, it is safer to strike your investments at the low levels or at least at the middle, but Bitcoin getting closer to its 2021 ATH is just a discouragement and only aggressive investors who do not care much about their investments can buy and not get worried by buying at an unsafe level. In all of my investment understanding, the risk is more than the gain in this regard, and as a conservative investor, I would rather hold my money than cause high blood pressure for myself.

For now and until the next bearish phase is over, I can only be trading Bitcoin on the futures market as usual, with that, I can properly speculate, place my trade, set my stop loss and take profits in an independent manner. With these, I still have a say in the market by managing the trade and my trading account properly, and also repeat the process again if I want. Fine, Bitcoin is a good asset and still has a good prospect of hitting higher levels but if care is not taken, it could boomerang on our faces. This asset is still very young, we do not know what the future holds for it. People are hailing it just because of past performances, but we should never forget that past performance is not an indication of future success.


Title: Re: Is investment a necessity or a want?
Post by: Mehedi72 on May 05, 2024, 09:53:44 PM
A course "want". There are thousands of things where you can involve and grow your money. Nobody is forcing to investment in crypto. But some people are so greedy or mentally sick. Even i know some people, who don't sell their cryptocurrency even in danger. He used to borrow money rather then selling crypto. And keep buying and dream to become rich one-day. But I found it funny, you need take care yourself and your emergency first. I mean its insane to buying coins when you have to visit healthcare urgently


Title: Re: Is investment a necessity or a want?
Post by: Slow death on May 05, 2024, 11:00:38 PM
When we decide to make an investment, we think a lot about this big step, we think a lot about the risks involved in the investment. we need to consider many points and we also need to think about what we will do if the investment is a big failure, so when we look at it this way, we can realize that making an investment is not an obligation or necessity, but rather it is a desire that the person has to invest in something to make a profit. the person is not being forced to invest in that thing, the person has the choice not to invest in that thing and put the money in something else. If a person has doubts about what they are investing in, then they should not invest in that thing.

This is why people are always advised to never invest in something, just because they saw other people investing in such a thing, they should not do that. When we want to invest in something, we leave feelings aside, we start looking only at what the market is saying about that investment, what the news is saying about that investment and after analyzing it very carefully, we make a decision to invest or not. This yes or no decision making can already be seen that it is not an obligation, it is not a necessity. and a choice, and a desire that the person has. unfortunately many people invest in things because they saw other people investing, so they copy and behave as if they were forced to invest


Title: Re: Is investment a necessity or a want?
Post by: StreakW on May 15, 2024, 10:31:31 AM
For me, it is difficult to separate needs and desires in investing because the two are closely related. Of course, someone wants to invest because of the need so that by investing they can get profits and can help to achieve the desired goals. Therefore, I view investment as a need and a desire that must be carried out simultaneously.
All of us want to invest but not everyone can invest due to the fact that we're not the same situation financially.
But if you have a better life and you are able to invest, you should choose to invest into something that you know and has the potential for you to have a better life but make sure choose a project that you know.
Of course, if you want to invest, you have to do a thorough analysis before making a decision and of course invest in coins that have the potential for large profits. Without a good strategy in investing, you will experience losses later.


Title: Re: Is investment a necessity or a want?
Post by: Asyifiah on May 15, 2024, 11:36:51 AM
Someone investing both in the online world and in property is something that has a desire for the future. investment is not an obligation, but with crypto investment it can increase your annual income and can even become a place to make a profit from it. There are some people who make investment a necessity for the future, we must also prioritize health at work so that we focus on what we do .


Title: Re: Is investment a necessity or a want?
Post by: CoinMin3r on May 15, 2024, 12:43:09 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Actually funds are needed to take care of health and at the same time being healthy is also needed to be able to focus on investment. So conclusion is both should be given priority to be able to continue and take it forward.


Title: Re: Is investment a necessity or a want?
Post by: Freddie Boyer on May 15, 2024, 01:56:01 PM
Maybe your friend already has BTC instincts that there will be a high rise issue after all this market frenzy is over with an even higher rise than before the previous ATH. Even so, I think it is also a solution as an early preparation, but even better, give the opportunity for our bodies to also take a short break to make our bodies and minds relax rather than constantly looking at the cellphone screen by looking at the price chart.


Title: Re: Is investment a necessity or a want?
Post by: Kristiyana on May 15, 2024, 02:24:56 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Actually funds are needed to take care of health and at the same time being healthy is also needed to be able to focus on investment. So conclusion is both should be given priority to be able to continue and take it forward.

Actually our health is very important, is something that we shouldn't take for granted because if you're not sound and healthy there's no way you're going to think of making any investment. just imagine those people who are seriously going through pains in the hospital bed so at this point did you think if  they're still having the thought about crypto investment? or how they are going to get relieved from those pains? However Anyone who choose to make investment the best priority other than his health care, one thing for sure is that with you or without you crypto investment still continues.


Title: Re: Is investment a necessity or a want?
Post by: andyou1234 on May 15, 2024, 06:09:27 PM
investment is one way to get side income, although it is not a necessity, investment is really needed for the future, and in my opinion if there is no desire to invest then this will never happen, therefore I think needs and desires are interrelated, one another.


Title: Re: Is investment a necessity or a want?
Post by: terrific on May 15, 2024, 08:27:54 PM
All of us want to invest but not everyone can invest due to the fact that we're not the same situation financially.
But if you have a better life and you are able to invest, you should choose to invest into something that you know and has the potential for you to have a better life but make sure choose a project that you know.
Of course, if you want to invest, you have to do a thorough analysis before making a decision and of course invest in coins that have the potential for large profits. Without a good strategy in investing, you will experience losses later.
But you know what? not everyone invests with the idea where they're investing. Many still invests that they just do wherever the flock is going.
It's a way for them to shortcut their investments because they think that it's an easy way to invest. They don't know that it's a way to lose their money. So even you tell them to do thorough analysis and research, many still don't do it yet they invest.


Title: Re: Is investment a necessity or a want?
Post by: electronicash on May 15, 2024, 08:40:46 PM

In today's economy, it should be a necessity by now, or else it will be disastrous for your financial situation and you miss a whole lot of opportunities especially in crypto because the bull market should be taken advantage of by the people. if anyone can convince people to buy and hold till they profit, it will be for their own good. because everyone needs help in this kind of economy.


Title: Re: Is investment a necessity or a want?
Post by: Natalim on May 15, 2024, 09:38:33 PM

In today's economy, it should be a necessity by now, or else it will be disastrous for your financial situation and you miss a whole lot of opportunities especially in crypto because the bull market should be taken advantage of by the people. if anyone can convince people to buy and hold till they profit, it will be for their own good. because everyone needs help in this kind of economy.
To achieve good financial stability, a person must have multiple sources of income which we think that investing seems to be a way of making it possible.
If we ignored investing in the past days but now, it should be taken seriously knowing that the situation is not good anymore due to inflation where the best thing to do is to invest as being a smart way of spending our money rather than into nonsense stuff. What we should put in our mind today is to increase our income because it is a must in order to survive or else, we struggle into poverty and hard life situation.


Title: Re: Is investment a necessity or a want?
Post by: milewilda on May 15, 2024, 09:44:50 PM

In today's economy, it should be a necessity by now, or else it will be disastrous for your financial situation and you miss a whole lot of opportunities especially in crypto because the bull market should be taken advantage of by the people. if anyone can convince people to buy and hold till they profit, it will be for their own good. because everyone needs help in this kind of economy.
To achieve good financial stability, a person must have multiple sources of income which we think that investing seems to be a way of making it possible.
If we ignored investing in the past days but now, it should be taken seriously knowing that the situation is not good anymore due to inflation where the best thing to do is to invest as being a smart way of spending our money rather than into nonsense stuff. What we should put in our mind today is to increase our income because it is a must in order to survive or else, we struggle into poverty and hard life situation.
On the time that you are earning decent or good with your current day job then majority of us would really be just that contented with that or simply being that become confident on the current condition that you are in.
On the time that you will be experiencing some short of funds or those financial crisis then this is the only moment you would be thinking about having that multiple income source for you to have that kind of back up
funds on the time that emergencies would happen,which these things should be done earlier or on the time that you arent still experiencing any problems. Self realizations on certain conditions is something that would be needed or crucial.It is really just that there are really people who do become that not mindful about the future on the time that they arent experiencing some issues or problems. Multiple income is really that recommended
on which we know that in future there's no way that we could tell if there would really be severe problems or not.


Title: Re: Is investment a necessity or a want?
Post by: GideonGono on May 15, 2024, 10:12:51 PM
For me I don't consider it as a necessity but want, we could continue to live without investment.
It is for those who wants it, those who wants to have a better future, have an extra income even if they aren't doing anything, those who wants to have a better lifestyle.
We don't need to force people to start on their investment journey it is up to them if they want to, it wouldn't always be about profit, they should also be aware of the risk when it comes to investment.


Title: Re: Is investment a necessity or a want?
Post by: Essential10 on May 16, 2024, 05:02:29 AM
For me I don't consider it as a necessity but want, we could continue to live without investment.
It is for those who wants it, those who wants to have a better future, have an extra income even if they aren't doing anything, those who wants to have a better lifestyle.
We don't need to force people to start on their investment journey it is up to them if they want to, it wouldn't always be about profit, they should also be aware of the risk when it comes to investment.
Individuals have different thoughts on the future of their lives. In the present age, just living a normal life can become a hindrance at some point. It is better to plan investment for future life in advance, it will give you backup in future. Who doesn't want his future life to be beautiful, you also want life to be beautiful. Not forcing people to invest here just giving advice where you need to invest in your future life plans. Yes it is true that if the investment plan is in crypto currency there will be risk. But if properly analyzed and invested then you can definitely get good from here for future life.


Title: Re: Is investment a necessity or a want?
Post by: laijsica on May 16, 2024, 05:46:33 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
Investors with little investment knowledge buy at dips prices especially Altcoins which creates the risk of losing their capital. It is inappropriate to expect risk-free investment and choosing the wrong currency can worsen your health.But leaning towards top altcoinss is good and definitely a long term investment.


Title: Re: Is investment a necessity or a want?
Post by: Velemir Sava on May 16, 2024, 09:25:06 AM
We don't need to force people to start on their investment journey it is up to them if they want to, it wouldn't always be about profit, they should also be aware of the risk when it comes to investment.

People are sometimes wiser in seeing something, especially those who are old in experience, often also if they have excess funds always buy gold and it feels suitable and in their youth it is the most excellent and fovorite investment.

Only now they haven't and they have only heard about BTC, admitted it and have not dared to do it. Maybe it's not time yet. What is certain is any investment if we have followed it and I am sure that when we have great success many will come and consult with us.


Title: Re: Is investment a necessity or a want?
Post by: Godday on May 16, 2024, 05:10:44 PM
For me I don't consider it as a necessity but want, we could continue to live without investment.
It is for those who wants it, those who wants to have a better future, have an extra income even if they aren't doing anything, those who wants to have a better lifestyle.
We don't need to force people to start on their investment journey it is up to them if they want to, it wouldn't always be about profit, they should also be aware of the risk when it comes to investment.
I agree with you. We cannot force people to become investors. But I will still educate people about the importance of investing. For me, investment will be a necessity in the future to maintain the value of your money. Inflation will continue to occur and without investment your wealth will continue to decline in the future. I want to put investment as a necessity but I don't say it is an obligation or basic need.


Title: Re: Is investment a necessity or a want?
Post by: fullhdpixel on May 23, 2024, 09:29:41 AM
When we decide to make an investment, we think a lot about this big step, we think a lot about the risks involved in the investment. we need to consider many points and we also need to think about what we will do if the investment is a big failure, so when we look at it this way, we can realize that making an investment is not an obligation or necessity, but rather it is a desire that the person has to invest in something to make a profit. the person is not being forced to invest in that thing, the person has the choice not to invest in that thing and put the money in something else. If a person has doubts about what they are investing in, then they should not invest in that thing.

This is why people are always advised to never invest in something, just because they saw other people investing in such a thing, they should not do that. When we want to invest in something, we leave feelings aside, we start looking only at what the market is saying about that investment, what the news is saying about that investment and after analyzing it very carefully, we make a decision to invest or not. This yes or no decision making can already be seen that it is not an obligation, it is not a necessity. and a choice, and a desire that the person has. unfortunately many people invest in things because they saw other people investing, so they copy and behave as if they were forced to invest
Copying what other people do just because you do not know what to do and you want to basically feel you belong there and you hope to make money from other peoples knowledge, is a wrong move and been told not to be done many times to everyone. I think it is clear that we are going to end up the year with something much better, we just need to make sure that we have enough time to make it work one way or another. It won't be easy, and it will take time, but that won't be something that will be difficult.

This is why I hope to see the situation getting bigger and better, it has to be that way. I get that people are not really entirely sure what to do when they first start, so studying to be a better trader and getting the inner works of trading world would be the best way to go.


Title: Re: Is investment a necessity or a want?
Post by: Epaper on May 23, 2024, 09:52:04 AM
In my opinion, it all depends on ourselves. Sometimes for some people investment is a necessity because they feel they need to save from now on to enjoy the results when they are old. Moreover, if you invest in crypto which offers big profits, most people flock to invest in cryptocurrencies because they can get satisfying profits.

Certainly, our ability to achieve goal of saving some funds for investment, depends on our financial circumstances, specially balancing our routine monthly expenses against our income. In my opinion whatever is our monthly home take, we should at least allocate 10% towards investing in Bitcoin which is known as digital Gold. If, we consistently accumulate Bitcoin in small amounts, such as $100,, It is possible that by the time we reach retirement age, we will have enough accumulated Bitcoin to comfortably enjoy our retirement.
That's a great idea guys. if you allocate a small portion of your income to invest in Bitcoin so that at retirement age you can enjoy the results. Moreover, the price of bitcoin always changes in a positive direction from year to year. You can imagine that from now on we invest $100 in bitcoin regularly every week, then in just 5 years we will reap huge profits and become rich.


Title: Re: Is investment a necessity or a want?
Post by: laijsica on May 23, 2024, 11:17:38 AM
In my opinion, it all depends on ourselves. Sometimes for some people investment is a necessity because they feel they need to save from now on to enjoy the results when they are old. Moreover, if you invest in crypto which offers big profits, most people flock to invest in cryptocurrencies because they can get satisfying profits.

Certainly, our ability to achieve goal of saving some funds for investment, depends on our financial circumstances, specially balancing our routine monthly expenses against our income. In my opinion whatever is our monthly home take, we should at least allocate 10% towards investing in Bitcoin which is known as digital Gold. If, we consistently accumulate Bitcoin in small amounts, such as $100,, It is possible that by the time we reach retirement age, we will have enough accumulated Bitcoin to comfortably enjoy our retirement.
That's a great idea guys. if you allocate a small portion of your income to invest in Bitcoin so that at retirement age you can enjoy the results. Moreover, the price of bitcoin always changes in a positive direction from year to year. You can imagine that from now on we invest $100 in bitcoin regularly every week, then in just 5 years we will reap huge profits and become rich.
Did you say about the method of depositing bitcoins in the direction? If so then this is an excellent idea. In this way if one can continuously and continuously accumulate bitcoins for 4-10 years then he can get high profit. Wise investors in Bitcoin always encourage long-term investment.


Title: Re: Is investment a necessity or a want?
Post by: Kocret02 on May 23, 2024, 02:33:03 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Actually, investment is a necessity that we have to carry out to get income to achieve the various desires we want in our lives. So investment becomes a need, not a desire, because through investment we can fulfill all our desires. Even though investments have risks, so choose investments that have the lowest risk.


Title: Re: Is investment a necessity or a want?
Post by: jrrsparkles on May 23, 2024, 03:33:09 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Investing the money that is supposed to be spent on medical bills?

It's completely wrong though, investment is the next step coming after the savings and here whoever doesn't even started the savings that is why they are trying to make some quick money which is never possible with random coins and not recommended in committing to do.

But he, it's their money and their health so we can't decide what's more important for them.


Title: Re: Is investment a necessity or a want?
Post by: malah on May 23, 2024, 03:55:36 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Actually, investment is a necessity that we have to carry out to get income to achieve the various desires we want in our lives. So investment becomes a need, not a desire, because through investment we can fulfill all our desires. Even though investments have risks, so choose investments that have the lowest risk.
Investment is indeed an important part of managing financial conditions in the future. When we are familiar with cryptocurrency, we should already know our target coin for investment. It is true that Bitcoin is by far a very suitable place for long-term investment. We can also see that Bitcoin has less risk than other coins.


Title: Re: Is investment a necessity or a want?
Post by: Ben Barubal on May 23, 2024, 04:20:48 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

     The investment is like a matter of choice; there is no obligation here but to be wise and critical before investing in a scheme opportunity that we will enter that we think will give a good ROI in a short period of time. And one example here is Bitcoin, or cryptocurrency, and others that are outside of digital currency.

     In the wants, these are our priorities that should not be lost in the daily routine of our lives. Food, water, clothes, and prime commodities are just some of the wants that people often use.
So in this matter we shouldn't forget their difference anyway.


Title: Re: Is investment a necessity or a want?
Post by: wheelz1200 on May 23, 2024, 04:32:19 PM
For the most part it's both.  A necessity is water, food etc.  Investments are a necessity if you want to grow your net worth and retire in the future.  It's not really just a want because in cases you need to reach an end goal.  So I think it's both a want in some respect and a necessity for others.  Depends on the end goal itself.


Title: Re: Is investment a necessity or a want?
Post by: Ndabagi01 on May 23, 2024, 05:11:07 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

That’s not a good idea and you should try and talk to him to desist from doing that. You can’t be so rich with money and you don’t have a strong and healthy life to enjoy that your money. Nothing should be prioritise over your health care. If you lose your health, you’re as good as a dead or a walking dead person, but you can always get to invest when you’re healthy and sound to. Investment is not a must and if you must make it a must for yourself, then you’ve to look into other confluences that wouldn’t annul your plans for the investment.


Title: Re: Is investment a necessity or a want?
Post by: Fiasem20 on May 23, 2024, 10:36:35 PM
Investment is a choice and not a do or die affair,like how it is said that health is wealth,our health should be our major priority because a sick person cannot enjoy his or her wealth,so what will it look like if your friend invest on shitcoins that is not 100% guaranteed of huge returns,and spends half of his profit on his health status,it absolutely makes no sense,while investing on crypto your health status should mean alot to you.Emergency fund is also essential when investing because it's from the emergency fund you take good care of your health and other expenses.


Title: Re: Is investment a necessity or a want?
Post by: Reatim on May 23, 2024, 10:52:00 PM
Individuals have different thoughts on the future of their lives. In the present age, just living a normal life can become a hindrance at some point. It is better to plan investment for future life in advance, it will give you backup in future.
I have always looked at investments as a key to my future. I do not want to spend my last years in life still trying to make a living and working. I would want to travel the world and explore what I couldn’t during my younger years due to not being able to afford it.

For some people it’s such an intense want that it becomes a need. It’s not necessarily a need but if you are so insistent about living the life you want then eventually it becomes a need.


Title: Re: Is investment a necessity or a want?
Post by: senyorito123 on May 23, 2024, 10:55:47 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Actually, investment is a necessity that we have to carry out to get income to achieve the various desires we want in our lives. So investment becomes a need, not a desire, because through investment we can fulfill all our desires. Even though investments have risks, so choose investments that have the lowest risk.

I don't think so, not everyone has that mindset since basic necessities associated with average profile individuals. How come it became needs while most people wanted to acquire investments with a very secure and certain prospective assets. Technically, lower risk investment is hard to fulfill because most situations involves much higher risk than we expected.


Title: Re: Is investment a necessity or a want?
Post by: Tahid12 on May 24, 2024, 11:07:12 PM
Of course want. Investment isn't a basic necessary thing that you must go with. It is kind of a way to earn money and that's it. If you have money then you can invest and make more money from that. If you don't have money then you don't need to invest. But sometimes people may took it seriously, it depends on his mentality. I mean, isn't it insane when you don't have enough budget for investment but you cut your necessity to manage investment budget, that's ridiculous. Health is wealth and there's many thing in our life that we should give those more priority instead of investment


Title: Re: Is investment a necessity or a want?
Post by: laijsica on May 25, 2024, 05:17:43 AM
Of course want. Investment isn't a basic necessary thing that you must go with. It is kind of a way to earn money and that's it. If you have money then you can invest and make more money from that. If you don't have money then you don't need to invest. But sometimes people may took it seriously, it depends on his mentality. I mean, isn't it insane when you don't have enough budget for investment but you cut your necessity to manage investment budget, that's ridiculous. Health is wealth and there's many thing in our life that we should give those more priority instead of investment
You are right if the balance of expenses with income is not properly calculated for investment and is not independent of income. Investment freedom should be considered if one wishes to do so but cannot afford to continue in the long run. Although one thinks he may be able to continue but after some time has passed it may not be possible for him to continue depositing. This attempt may cause harm to him. He may have to run for a long time to ensure proper utilization of resources but the surrounding economic conditions may make the timing difficult.