Be careful in regards to going 100%, even in bitcoin.
You need to be able to make sure that you can cover your expenses, including emergencies.. so usually for the vast majority of peeps (normies) and even non-normies, it is not a good idea to go 100% into anything (especially when we are in a transitory period like this, and also that bitcoin constitutes way less than 1% of the word's population's adoption.. and even way less than 1% of the monetary and monetary derivatives values.. not even accounting for the likelihood that bitcoin is quite likely going to continue to increase the size of the monetary value pie in the coming years.. for perhaps more than 200 years into the future and longer) unless you have some very exceptional circumstances.
Even the most hardcore Bitcoin maximalists are not 100% Bitcoin because you cannot survive 100% on Bitcoin. Until there is a service which allows you to pay your mortgage, rent, groceries, daily expenses and any other expenses you have you cannot go 100% Bitcoin. If you do you will probably get stuck. Try finding a dentist that accepts Bitcoin. You cannot unless you live in El Salvador where it is legal tender. In the USA you are not going to be able to live off of Bitcoin on its own.
And, to boot people seem to use the expression 100% in bitcoin in quite ambiguous and confusing ways too... even if there were to be some kind of resolution to get more folks to accept bitcoin as payment, it still does not seem like a great idea to go 100% bitcoin.... because even if any of us might be able to pay our rent, buy our groceries or other consumer products in bitcoin, they are still likely going to be priced in dollars because it would be quite ridicuous for any vender/merchant to price his/her services in bitcoin.. without having to frequently change his/her price.. which is largely likely attempting to make the price fair in terms of dollars otherwise not too many folks are going to buy their goods/services if they have to pay a 20% to 50% premium as compared with similarly competitive products/services.
I suggest having emergency funds but they could differ between people. If you are a older person you might take into consideration that you will need more money because the chances of having a emergency related event is more likely.
Another thing with older folks is that they are not necessarily working for an income, so when folks stop working then they tend to be on "fixed incomes," so they really tend to get fucked when their most common expenses go up.. because whatever their cash sources are likely not going up enough to keep up.
If you are a younger person you might not have any unexpected health issues that can pop up but no one is immune to falling over and breaking a bone or smashing their teeth out so everyone should have a bare minimum of at least $3000 in their emergency savings but I recommend more.
People usually say 3-6 months of living expenses, and of course, you can add on a bit or subtract a bit.. but yeah, usually having more is better in terms of having a bit more flexibility if some extra expenses come up or even if there might be some spontaneous extra spending for consumption goods.. and yeah, many of us might be tempted to NOT want to have as much of an emergency fund because we want to "put our funds to work", but then we end up getting fucked if we put too much of our available funds "to work" and then those funds end up losing their value or some other calamities come to our situations.. and we failed/refused to adequately plan/prepare for such... I am guilty of having had periods like this in my life in which my cushion was not not enough and then I experienced too much stress and figured out that keeping better/moar cash reserves can be a real relief during those kinds of times in which either unexpected expenses come or lessening of cashflows come (or both)..
If you have a mortgage then you need to have a emergency fund more then the minimum just in case you lose your job. We are in a financial crisis and the likelihood of people losing their job is very high and is unpredictable. If you have a mortgage get insurance that will cover at least a year if you get fired or have savings of at least 6-12 months so you can pay your mortgage. Only then can you start thinking about investing in Bitcoin when you have money left over.
Yep.. the more uncertainties regarding your cashflow and expenses causes differences.. including if you have a family versus single.. or if you have your own business that requires you to perform versus if you have a salary or some kind of sick pay if something happens to you.. Lots of these kinds of things and sometimes, there may be needs for various kinds of self-insurance (one of them might be a cash reserves) if you are not able to purchase insurance to cover some of the potential issues.
I recommend every one buys Bitcoin but I do not recommend people to be foolish and ignore the possibilities of them having a emergency especially in a financial crisis as large as this one.
I recommend people get started in bitcoin right away.. Of course, everyone is responsible to figure out if s/he is able to start with $100 per week or if s/he might be able to invest more, such as $250 per week or if s/he is ONLY able to do $10 per week.. and those starting out numbers might well be a whole hell of a lot lower while such newbie is figuring out his/her particular financial and psychological circumstances... and to likely tweak later upon getting his/her shit in better order.
It harms the Bitcoin community to because if people invest but then have to take a loss because they need to withdraw during a bear season then they will probably never buy Bitcoin again and that hurts adoption. We want people who are financially ready to invest and will not withdraw at a loss because it drives the price down for us all.
There are always going to be gamblers and speculators in bitcoin, so I don't give too many shits abnout that.. if people are so dumb then whatever, let them do their speculation including leveraging and putting their money with scams and other compulsive and degenerate gamblers who they believe are "safe keeping" their BTC..
We are not going to stop the degenerates and the dummies and the get-rich quick fanatics who are going to end up wrecking themselves like lemmings going off of a cliff... so I try NOT to worry too much about the various degenerates bringing down bitcoin even though you are right that BTC prices sometimes end up getting somewhat suppressed due to such happenings (and we have seen quite a bit of that in the last 6-9 months.. but we saw that in previous cycles, too. ... not going to get rid of those things... if people are that dumb.. let them do it... and call them dummies.. no problem with that. In other words, I don't know how to stop those kinds of ever-existing folks from self-recking... we may well have some of them who are in somewhat active in this thread, too.
Anyhow, it is crazy how people have differing ways of thinking about matters, even when I alway thought that I had provided reasonable frameworks to just HODL your BTC, especially if you do not have very much invested.. but people get anxious and they want to "cash out" and then have regrets.. so what can we do when trying to "help" others (nocoiners or precoiners) to come around to bitcoin..
I do not want to offend you but your relative reminds me of the saying 'you can lead a horse to water but you cannot teach it to drink' you provided everything for them to succeed and if they were patient and listened to your advice they would have profited a lot but people are too set in their ways and they end up spiting them self.
I don't take offense because I am constantly witnessing examples of people who want to go their own way and recking themselves in one way or another with shitcoins, yield products, fence sitting, selling too much too soon (and then becoming bitter).. You have been registered on the forum only a couple years less than me. Seems to me that you should have encountered some of these kinds of examples in real life, too? Of course, it is possible to NOT be very interactive about BTC with others, and I don't even claim to be a social butterfly in the real world, but just having interactions, it seems that bitcoin ends up coming up in the various conversations..
I know some forum members (active in this thread) from time to time have said that they give up talking to others about BTC because it is too frustrating, and others say that they have a high rate of orange pilling success... even some of my successes in orange pilling seem to NOT understand what the fuck is BTC, and their eyes glaze over regarding some of the topics and then they get sucked into inferior practices, hedging with shitcoins, keeping too much value on exchanges, and surely some things are more embarrassing than others to repeat.. but many of us who interact with the world about bitcoin likely should have stories and even some of our own stories about mistakes that we made along the way, too.. it is not even very easy to not lose coins or even some guys have made their systems too secure so they will make mistakes in that direction too.
Hm..that's good to know. It is not easy to know which sugar substitutes might be safe.. because I had spent some time trying to avoid aspertame.. but sometimes when I read ingredients, I am not even sure how they differ from one another..
When I first saw Erythritol in your post, then I got it confused with Xylitol.. but then I looked at the ingredients of Cinnamon Trident, and I thought .. there are some other sweetners in there besides Xylitol, but I had been chewing it because it does not have aspertame.. like some of the other trident flavors.
But look quite a few sweetners.. not just Xylitol:
Sorbitol, Gum Base, Xylitol, Glycerin, Natural And Artificial Flavor, Less Than 2% Of: Acesulfame Potassium, BHT (to Maintain Freshness), Mannitol, Red 40 Lake, Soy Lecithin, Sucralose.
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