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Author Topic: Is investment a necessity or a want?  (Read 995 times)
Nazmul012
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May 29, 2024, 10:41:41 PM
 #161

I always appreciate these people who manage to save money by making a lot of sacrifices. But I think first of all they should focus on their basic needs and then its okey to go ahead with rest of money. If anyone compromise with healthy issues or others major things in their life for money, then he or she will must have suffer in long runs if good to investment or money. Not don't ne so greedy,  sometimes greediness could ruin a life rather then making anyone successful.

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May 29, 2024, 11:55:13 PM
 #162

I always appreciate these people who manage to save money by making a lot of sacrifices. But I think first of all they should focus on their basic needs and then its okey to go ahead with rest of money. If anyone compromise with healthy issues or others major things in their life for money, then he or she will must have suffer in long runs if good to investment or money. Not don't ne so greedy,  sometimes greediness could ruin a life rather then making anyone successful.
Exactly, the necessities of life are very important and must be a priority, but we also have to know that everything is done with sacrifice and must accept the bad risks that might occur. We must endure a life of luxury at a young age and still save the money we have always in Bitcoin and be able to enjoy the benefits in old age.

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May 30, 2024, 04:48:47 AM
 #163

I always appreciate these people who manage to save money by making a lot of sacrifices. But I think first of all they should focus on their basic needs and then its okey to go ahead with rest of money. If anyone compromise with healthy issues or others major things in their life for money, then he or she will must have suffer in long runs if good to investment or money. Not don't ne so greedy,  sometimes greediness could ruin a life rather then making anyone successful.
Basically every investor's objective is to expect more profit through investment, I don't mean greed. No one wants to lose his investment in case something goes wrong, perhaps not being able to buy the currency at the price he is targeting to buy even though the desired dips are not always available in the market. But his tendency to buy gradually and regularly may limit him to buying dips at a time. But in this case, in the long term, he has to set the target of saving every month. He should develop the habit of saving by prioritizing the basic needs of the family otherwise he may face losses instead of gains.

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May 30, 2024, 09:34:45 AM
 #164

Considering that the halving is in sight, many eyes are focused on bitcoin and altcoins. Something that is considered important must definitely be a desire, for me digital investment is a necessity for the future. Many people want to invest in different things such as investing in property, land and also crypto investment, in this case I make investment as a land for the future in cryptocurrencies.

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May 30, 2024, 11:10:56 AM
 #165

I always appreciate these people who manage to save money by making a lot of sacrifices. But I think first of all they should focus on their basic needs and then its okey to go ahead with rest of money. If anyone compromise with healthy issues or others major things in their life for money, then he or she will must have suffer in long runs if good to investment or money. Not don't ne so greedy,  sometimes greediness could ruin a life rather then making anyone successful.
This is not just talking about investing or talking about health and others, this is talking about the risks that may arise in the process of a person in investing because of improper actions where his needs are still very questionable let alone just recovering from his illness, in addition to financial conditions is a determinant of whether or not we can invest.

Suppose we invest when our income is very bad, of course the investment made is the wrong action because it will result in if we invest in losses and urgent needs it will be very likely to take investment money in a state of loss, and that is the most feared in this situation.

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May 30, 2024, 12:21:02 PM
 #166

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.

Investment is wanted for someone but in most of the cases it is a necessity and this thing will be clear with an example that rich people already have lots of money so they are in desire to invest some amount but some people who are not financially stable consider investment as a necessity because they assume that if they invest in a successful field then they will earn some more money that will help them in daily life.

Everyone can think better for himself and nobody can decide for another person as everyone has his own mind and thoughts to think better for his future. Not only for investment but we cannot force anyone to do anything even a small thing therefore if someone asks about anything then we should help him but should not give any advice because if they do not succeed then they will put blame on us.



 

 

 

 

 

 


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May 30, 2024, 12:42:55 PM
 #167

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?

 Well, I think that a person should prioritize his health first, but what if the said person is not able to afford expensive treatment and decides to invest his money into crypto to earn some more money and then start his treatment?  I think, every person knows what is better for him, and we don't know the exact financial or health condition of a person.

Everyone should have some portion of their money invested for the future because healthcare will become more expensive, and investing money is a better way to cope with this upcoming situation. Crypto investment is highly profitable but everyone should research before making any decision.

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May 30, 2024, 03:43:00 PM
 #168

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 an investment in the soul towards a healthier future, while bitcoin and altcoins are financial investments to achieve goals and desires in the future. Both have an important role in living our lives. However, you must still prioritize health over other investments. health is a need while investment is a desire.

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May 30, 2024, 05:34:13 PM
 #169

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?
Maybe he has a strong desire to invest in the future, if the result is a profit, it could be for his health care costs, he definitely has good goals and another belief that health can improve over time, maybe a normal person would prefer to take care of his own health rather than divert his money to investing

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May 30, 2024, 07:34:19 PM
 #170

Investment to me is a necessity if you have money to invest. Good health too is a necessity and it should be the priority. There's absolutely no point in putting anything above good heath. What's the point of investing if it's just going to make you sick. You have to take care of yourself and be healthy.
If you're not healthy how are you going to enjoy your investments?
Worst part is, he'll lose some of those investments.
If I get the picture right, he's someone that likes investment in different coins, because you said "coin involvement". That means he loses a lot of money even though he might be making profits. So why not divert some funds from that and take care of himself?
I don't believe in staying hungry or ill to invest. We invest for a better future, but that doesn't mean we should have a miserable present.

R


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May 30, 2024, 07:55:34 PM
 #171

Actually investing in crypto is not a necessity because not everyone understands crypto investment and managing finances that will be used for capital later. But for me personally,I have the desire to save crypto assets for future savings. On the one hand I also have gold investments.

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June 01, 2024, 11:45:40 PM
 #172

Good health is more important then putting money in altcoins as investment. Its good to see a person saving money and invest altcoins so that could have good return but if he affected with seriously health issue later, then he'll need to suffer. So Investment is necessity, good option to make money but health is the main necessary thing where we need to focus fast. There'll be many investment options in future.
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June 02, 2024, 01:30:37 AM
 #173

Actually investing in crypto is not a necessity because not everyone understands crypto investment and managing finances that will be used for capital later. But for me personally,I have the desire to save crypto assets for future savings. On the one hand I also have gold investments.

From my point of view, Investing is more common than people perceive in general. Investing is not only buying stocks or buying gold and hide it in one's house or something like that, cryptocurrency is just another kind of asset which one can invest on but the whole concept of investment goes very beyond of buying something for the sake of especulation.
If someone decides to go to college and ask for a loan to pay for it, then it is an investment. If someone decides to buy a car or even something smaller as a bicycle, it is also an investment.
Anything which gets translated to an improvement of our quality of life is something I would call an investment.
It is just a personal point of view though.

and since all of us are always seeking to improve our status and level of comfort within society, we are unknowingly always doing investments.
Would you tag the purchase of a better smarthphone an investment, I think I would, if that helps to agilize one's life.

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June 02, 2024, 02:21:27 AM
 #174

Investment is seen to be a necessity for anyone who wishes to be successful. The truth is we can't be successful by working every day or through saving continuously. The purpose of investment is to stand a chance of getting huge money someday with the effort of putting some money into an asset. It is a step to get the bigger bag rather than tirelessly using our skills or working for someone. I know it is difficult as it requires one to turn some fraction of his monthly income into an investment.

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June 02, 2024, 04:38:12 AM
 #175

Investment is seen to be a necessity for anyone who wishes to be successful. The truth is we can't be successful by working every day or through saving continuously. The purpose of investment is to stand a chance of getting huge money someday with the effort of putting some money into an asset. It is a step to get the bigger bag rather than tirelessly using our skills or working for someone. I know it is difficult as it requires one to turn some fraction of his monthly income into an investment.

I think it is not difficult if there is additional income rather than everything being used up to be spent to fulfill monthly expenses.

Indeed, in terms of convenience it is sufficient and not a hassle, but if we want to save money by setting aside just 10% of the excess income, I think it will be very helpful if one day it is necessary to disburse it.

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June 02, 2024, 05:17:42 AM
 #176

Investment is seen to be a necessity for anyone who wishes to be successful. The truth is we can't be successful by working every day or through saving continuously. The purpose of investment is to stand a chance of getting huge money someday with the effort of putting some money into an asset. It is a step to get the bigger bag rather than tirelessly using our skills or working for someone. I know it is difficult as it requires one to turn some fraction of his monthly income into an investment.
When we have a job, our income should be more than what we spend. That is the only way to save but then it wouldn’t be enough like you said. If you want to live a comfortable and happy retirement life then an investment is a must. Even if you are still young, investing is a wise choice. Actually it’s even better to make smart investments at a young age before all is too late.

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June 02, 2024, 12:56:45 PM
 #177

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?

What do you mean by prioritizing coins other than his health?. Is the illness so bad and he refuses to take care of himself cause of investment?. However, in as much as investment is very good that doesn't mean one shouldn't take care of his health, someone's health should be his number one priority and most time those investment we are chasing or doing are not always certain, some of those investment are 50/50 something. Morever, it is someone that is strong and healthy can/will have the strength and energy to invest and brainstorm on what project to invest on.

Our health shouldn't be underrated cause we can't buy it with money.

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