Do you think financial stability is mandatory to be a gainer in Bitcoin invest?

[The Cryptovator]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

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[NeuroticFish]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Either that, either strong balls 
One important rule is to never invest what you don't afford to lose.
If one invested into Bitcoin and his financial status is not good, as soon as the price will drop there's a huge chance he'll panic sell.
Simply put, without financial stability people may just buy high and sell low.

Of course, there's an exception: people with strong belief, people with a certain mindset, and as I've over-simplified it at start, with "strong balls".

[Jawhead999]

Not all, but most of them that success from investment has financial stability.

A poor and middle class people only depends on one source income that is fixed jobs or odd jobs to earn money for buy food to survive. A poor people didn't even have remaining money for renovation or to buy medicine if they sick, while middle class they have remaining money to save or invest... but mostly they are saving on bank or invest on low volatile asset since they worried if they loss. They have no loss mindset, this is why they don't want to invest on Bitcoin, probably they invest but with very little amount so the gain is little even though +100% as an example. Although we can't deny there's a poor people become a millionaire since he's brave to invest all on Bitcoin.

Those people has stable financial often have financial management, so he just relax and let their management work to earn more money. Of course not all the decisions of their management always gain profit, but they have other source income + passive income that can recover from the loss of his investment.

[TheUltraElite]

why do you think most big investors are gainers and why most small investors can't gain.

Someone buys 10times of an asset priced at x$ and someone buys 100times of that same asset at the same price. When the prices rises, the proportion of profit is equal to the ratio of the buying volume. That is the only difference between the big and the small investor. Logically they are both gaining. But the extent to which the gain is happening depends on their investing capital.

I am a real example of that recently.

Sorry to hear that, but I think having a day job is the first thing in order to have a stable income first. You can rely on that whenever you need. Keeping bitcoin investment as a side earning is the key here. Along with that one would need to have some fiat based investments too. Being financially stable would mean being able to juggle all these three things. Of course you may compromise depending on how lenient your local laws about crypto are.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Hierarchy of needs. After air, water, food, shelter you need money to buy things you need. Once you are able to save from that you start investing. So first you become a stable earner then you start investing.

[Coyster]

If you're not financially stable in the first place, you'd not be able to invest/buy Bitcoin, except of course if you have a skill or you're rendering a service and being paid in Bitcoin, but having that extra money in real life goes a long way to determine how long and how well you'd be able to invest in the Bitcoin network. For example, if your salary in real life is unable to cover for your daily expenses, there is no way you'll be able to delimit a fraction of it to invest in Bitcoin, meaning you would either invest very, very little, or nothing at all.

I mean, financial stability is essential in any investment, you cannot invest everything you have, thus you need to have at least enough to invest and still have much more to pay fees, bills, travel etc. The only way one could prolly invest or gain in the network without being financially okay is by taking risks through requesting for loans, borrowing money or investing far more than they can afford to lose, but that is very wrong and can cause problems for the individual, thus if we're to eliminate this wrong aspect as a means to invest, then you need to have a fair amount of financial stability or a skill/offer a service (and prolly be paid in Bitcoin) to make good ROI from the network.

[Charles-Tim]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Yes, anyone that is not financially stable can not invest, or such person will invest but later have no option than to withdraw, or see little gain and be attracted to it easily and withdraw. There are a lot of circumstances that can result to people that are not financially stable not to invest at all or to withdraw their holdings, investment generally are for the people that are financially stable.

But there will be some people that are not that rich but average and yet know the benefits of holding Bitcoin, such people can hold Bitcoin for long too and yet be positive about tomorrow outcome of it, that the price will sour to all-time-high again and again which can take long for each all-time-high but will surely happen also as fiat are still a depreciating asset. Even there will be some people that do not have up to one bitcoin and hold the amount for long which can even be 10 years, but financial stability is needed for the person to be able not to withdraw his holding.

And one more last thing is that it is not about being rich before someone is financially stable, someone that has sufficient income should be financially stable, the person may not even have up to one bitcoin and yet hold for long time all because he is finally stable but yet not a big investor. It is not only big investors that are finally stable.

[Kong Hey Pakboy]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Not necessarily stable financially but you can get an advantage with that since you are going to enjoy more profit when the investment starts returning profit, take me as an example, started out with nothing but just typing here and so far I am able to buy whatever I want whenever I want since I have the money. Going from zero isn't going to be a problem, it takes some time to get a big profit.

[Wexnident]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Well to gain money from investment doesn't necessarily need one to actually have stable finance, but it does give you better hold on your mindset since you're technically investing something you can afford to lose. Heck, I myself would panic if I suddenly spent all of my savings and whatnot to invest into something hoping that it could bring me profits that would make life a lot easier. It's painful, yes, but there's nothing most small investors do. They're almost doing a super gamble most of the time whenever they try to invest.

[skarais]

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Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

This is not mandatory, but has a big impact on the amount of profit that may be generated. I remember one word of wisdom that all small investors in bitcoin can consider and that is "Be poor for a while if you are interested in investing, you will be profitable in a few years".

It is true that there is a financial burden that small investors have to think about after they invest in bitcoin because they still need money to meet their daily needs. It is difficult to invest in the long term if there is no other income that can help make ends meet. It is quite possible for small investors to sell some bitcoin just because they need money and it will be difficult for them to make big profit because of this.

It is justifiable that investors with stable financial condition can hold bitcoin in the long term without paying too much attention to market condition and they will get a commensurate return compared to the risk involved.

[20kevin20]

It's one of the main reasons I always say consider the invested money as "lost". Say you timelocked your coins until 2030. What would you do? Die of hunger? Never pay rent again? When you put money in crypto, think of it as if you went to a restaurant every X days and spent that invested amount on food. Would you ever be able to withdraw that money? No. So... consider it lost. It's not mandatory to be financially stable to invest in Bitcoin. Studies did show that, at least until today, investing just a COFFEE worth of Bitcoin per day could change your life over the years.

[sisikin]

Investment cannot be made without economic support.
You can set aside a portion of the funds for investment every month. But also to ensure a normal life.
The important thing is to learn to invest.

[YOSHIE]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

Are we talking about the real world, the rich are getting richer....! Is life fair from a financial point of view.

I am aware of money vs. money make (money), how sure are you about it, I'm very sure, someone invests Bitcoin, obviously he has a lot of money invested, this doesn't just happen to Bitcoin, it can happen to other outside/real businesses.

What you say I have no doubt 100% I have to admit it, true story: there is in my country the highest official he has a position in a government office in the field of finance, he knows about Bitcoin and invests, in 2019 he bought 30 Btc, in 2021 he sold yesterday, his wealth was double what he had at that time, obviously he is getting richer.

With that incident I thought, investing in Bitcoin, if someone doesn't have money, wealth is only day and night, the person will not succeed and will never be rich, rich get richer because of money vs. money makes money, for that they will get richer get richer, if hoes vs. very long money can be rich and also cents vs coins, long enough it can be a hill.

[paxmao]

I recently published a post on the same line: is it easy to hodl if you are already "rich". My personal answer is that once you have your basic needs, including financial stability covered, it is much easier to do anything else, including achieving great results with crypto and bitcoin in particular. Crypto is a risky venture in general, with wide swings in price, unclear regulations and a wild west aroma. All that is what attracts two types of people: those who have little to loose and those that have little to fear.

[mk4]

It's really a combination of a lot of things, including things like financial stability that can definitely help with investing in general. But really? In my earlier days I managed to multiply my net worth just by holding bitcoin, without even having a stable source of income. You're only really forced to sell your BTC if your only source of income is concerning bitcoin; which isn't necessarily bad, but it's really really beneficial to have multiple sources of income, and not solely rely on BTC price increases and Bitcointalk campaigns.

[cafucafucafu]

This is 100% spot on.

The thing that separates the poor from the rich is often not the sheer amount of assets that they hold, but the attitude that they have in regards to investments.

If you are financially well off then you can afford to hold onto positions for much longer, cover any margin calls, and overall sustain your investment horizon. Poorer individuals would often have to sell their assets to cover basic expenses. It's a positive feedback loop of wealth in essence.

[AicecreaME]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Financial stability isn't mandatory to gain big profit from any investment. However, it plays a great role in achieving what you want in life. Money is necessary in order to start off something. Sure, skills, talents, and your characteristics can be of great help but without money, you can't pursue or establish your goal.

Those people who are financially stable have safety net that catches them whenever things don't go the way they planned it to. They will be able to bounce back again faster compared to those people who really have none. The people who also have enough money on their bank accounts don't have to worry much if they will continue holding or they will withdraw because they are used to gambling. They can afford to lose because they always have back ups. Which I really commend because in crypto or any investment you should really just invest what you can afford to lose. There are just instances where people risk all in despite knowing the golden rule to perhaps try to gain because of desperation.

Despite not having financial stability, one can still achieve and gain in crypto. He just have to be determined, strategic, and resourceful enough to gain. In addition, patience and strength of heart will also be one of the great factors to gain.  He must not be easily shaken and must be willing to hodl for long term. Unless of course, emergency situation arises such as need for funds. This one is the really big difference between the financially stable investor and financially unstable investor - the latter will be forced to sell or withdraw his assets to support his needs in life, meanwhile, the former can continue to hodl as long as he wants. But both can gain depending on their methods and decisions, it's just that the financially unstable is at disadvantaged side.

[bitzizzix]

Financial stability and mindset and Rich people don't just take risks or make decisions, they have done research and analysis first, then set the most suitable choice for their financial and business needs and supported by their existence, and most of the rich people can afford investing large sums of money over a long period of time is supported by needs that are met outside of investing and also limiting purchases that are deemed unimportant and another reason most wealthy people live frugally and consider buying or not.
and the difference with ordinary people is that their limitations and financial conditions are not as fortunate as rich people, and the investments made are wise because they also have to meet their needs. and if one day they need it, like it or not, they have to sell it even though they don't really want to sell it and what is clear is that rich people and ordinary people have many differences, especially financial and mindset.
and besides that ordinary or simple people invest bitcoins only to be used as a reserve fund when they need it and though it doesn't make as much profit as rich people, and rich people invest in bitcoins to grow their wealth in the long term and as long as they don't need it.

[Lucius]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

It's no secret that a smart man with a lot of money can easily create even more money, and that he can even afford to lose his investment sometimes, while on the other hand most ordinary people in the world still live in a way that they lack money, which again means taking loans and credits from banks to be able to meet some basic human needs.

Therefore, it is not realistic to expect someone to be hungry or in need of renovating a house or buying medicine, and at the same time refusing to sell cryptocurrency, although he assumes that it will be worth much more in the future.

The only way the less wealthy could have succeeded with little money was to be in the right place at the right time, which means they recognized the opportunity early enough to minimize the risk. I believe that there are many examples like you, but that's the way it is in the life of an ordinary person - look at it from a brighter side, because what would it be like if you didn't invest in crypto at all?

[fiulpro]

Financial stability makes sure that you can take chances in the market, when we are talking about normal people, at the end of the day, they try and invest but they have their own limitations. When you are financially stable, you can do a lot more, you can invest, hold, trade and even exchange, that too on a bigger scale. The Rich people have that advantage for sure, at the end of the day the only bad thing that might come out of this is the probability of these people becoming whales and then manipulating the price according to their own benefits, which I do think is very low, since that takes away any power from the small Investors. I do think it's not mandatory but it gives you benefits as a whole. Other than that, you can invest in small parts but make sure the follow the market.

[Gozie51]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Yes, anyone that is not financially stable can not invest, or such person will invest but later have no option than to withdraw, or see little gain and be attracted to it easily and withdraw.

Of course the people not classified as the big money holders or whales can also have some shot on making it big, What happens to taking a chance and luck? Luck can shine into such people who believe. I think the greatest obstacle against wealth is the mind. If we limit our mind from thinking and planning big then  we stand limited and we can't take chances to opportunities we see.

Cryptocurrency investment is a big example to how you can stumble into wealth and greatness. The example of just hodling bitcoin is enough to convince us on that. We already seen people making it around us and some of us too are testimonials to this. Gone the times where only wealthy and financially known families make wealth because of the huge capital commitment for it, not these times. Is a little easier but believing is the greatest weapon to getting there in life

[bittraffic]

Not neccesarily but a man that is not financially stable might not able to think of investing because he'll have to feed himself and worse if he has a family to take care of.

A man who just live paycheck to paycheck that hardly meet ends will endure a lot of sufferings if he will invest tiny fraction of his money but it will be worth if he survive to see result of his sacrifice.

[Fesatmas]

From here we learn that everyone who is born at the finish line has an easy desire to hold bitcoin in the long term without having any problems as long as he has other stocks to run his life and fulfill his needs. Investment everywhere, finance comes in from all gaps.
Meanwhile, we who have to go through a series of life can't be winners if we don't have a strong will and the path to take when facing a bear market, what can we defend? other than letting go just to meet the needs of life for tomorrow morning.
That is what often distinguishes where the fulfillment of financial stability can smooth the long road. However, this does not mean that you are guaranteed a winner, because the winner is not determined by money. It's just that the alternative is easier than the path we took.

[The Cryptovator]

Not neccesarily but a man that is not financially stable might not able to think of investing because he'll have to feed himself and worse if he has a family to take care of.

I won't agree with you. Have you ever notice any suicide attempts for losing crypto? If not then you may read Are Crypto-Related Suicides a Real Problem?. Believe or not many peoples even borrowing money to invest in crypto. Most small investors take chances to multiply investments within a short time. It's like gambling. That kind of investors become panic during price dumping. And they might sell holding as well in bad situations if need. So here is the financial stability stand for and it's mandatory for long investment IMO.

[swiftbits]

No, everyone can gain profit here.
But, if we are talking about being a successful huge gainer, YES, I think it is mandatory, if we see it as a store of value, gains would be bigger if we could invest consistently. Bitcoin won't magically work for you, and multiply it by 1000x. You could work hard and play with your investment to be a huge gainer, but having a startup fund could help you in the process.

[crwth]

That's true; the rich are getting richer. That always works in any type of industry in the world. I think it's not true when it's at the start of a particular project when early investors see the project's potential, and since it's very early, it's cheap. Like those people who bought BTC early stages where it's just cents. That's when retail investors beat the whales later in the game, in terms of profit, of course.

What's mandatory is to have financial planning in place and not "to bet" on the profits of BTC to turn you into a financially stable one. It's going to be a gamble, and I think the personal well-being of a person shouldn't be gambled in that way.

[Kakmakr]

The old saying goes.... "Money makes money....." and this is true for Crypto investments too, but there are ways for the small guy to profit too.

Fiat whales can dump a lot of money into Crypto when the price are dropping.. and then wait a few hours or days for it to recover and they make a sh1tload of profit if they time it correctly. (They do not need the money, so they can wait for the price to recover)

The small investor are always under pressure to sell early, because most of them live from hand to mouth. The secret to the success of any investment into Crypto currencies ===> Investing disposable capital over the long-term and waiting patiently for the right time to take profits. (I had to wait 3 years for the price to recover to $18 000 .... after I bought coins at $15 000 .... back in 2017.... then I sold at $35 000 and I made a huge profit)

Tip : Buy small amounts every week AFTER you paid your expenses.... and push those coins to Cold storage (Paper wallets) .... because it is more effort to sweep those coins when you want to use them.  The more effort you have to put in to use the coins.. the less you will be tempted to do it. 

[Sterbens]

In my opinion, so far financial stability does have a very important role both in the real economy sector and as investment in cryptocurrencies, the most basic of which is investment in BItcoin.
Why is financial stability so important? Because if it is not stable, such as overlapping with various other needs, it will have an impact on both micro and macro economic crises.
Bitcoin as a solution to overcome the problem of the instability crisis, when market conditions come and change, only the old holders survive and don't really care about price fluctuations.
However, it is possible that when the price of Bitcoin exceeds $50,000, how lucky the traders are, they say they have a profit of 10%, so there is no need to say how long-term holders are now. They are much more proud of the wait.

Furthermore, how can conditions of financial instability have an unfavorable impact at all? Here are some reasons that I try to summarize based on what I understand so far:

• if there is a crisis that has systematic potential, it will certainly result in high costs
• the increasing public distrust of the government system which has an impact on Bitcoin exchanges which are often cornered as money laundering by bank officials.
• the allocation of funds to the public at a time when financial stability is not evenly distributed makes intermediation unable to run optimally.

Isn't Bitcoin so big a role to save economic conditions for those who still hold on in the long term?

[zanezane]

Nope, I don't think so, there are people with a lot of money that are loser in trading so it's not a right assumption. What should be mandatory is the ability of some people to do a good trade and analysis because that's what some of this people lack that causes them to not be a gainer when it comes to investing.

[Princejebs]

Have you heard of die hard fans in a club, they don't live their club no matter how many times they loose matches or cups, they remain in and will always endure that club for the purpose best known to them. The same thing with bitcoin, there have been some diamond hands that have holding tight to their bitcoin since its inception and they don't think of selling anytime soon. It's actually true that the rich get richer but what makes the rich to keep holding? It's nothing but discipline, they don't joke with it.

[maju69]

Not all, but most of them that success from investment has financial stability.

A poor and middle class people only depends on one source income that is fixed jobs or odd jobs to earn money for buy food to survive. A poor people didn't even have remaining money for renovation or to buy medicine if they sick, while middle class they have remaining money to save or invest... but mostly they are saving on bank or invest on low volatile asset since they worried if they loss. They have no loss mindset, this is why they don't want to invest on Bitcoin, probably they invest but with very little amount so the gain is little even though +100% as an example. Although we can't deny there's a poor people become a millionaire since he's brave to invest all on Bitcoin.

Those people has stable financial often have financial management, so he just relax and let their management work to earn more money. Of course not all the decisions of their management always gain profit, but they have other source income + passive income that can recover from the loss of his investment.

I am increasingly wondering why there must be a social status that becomes a paradigm among the community which is divided into several sections, poor, middle to upper class and high caste which has made financial stability in our eyes like having a barrier. Bitcoin came to generalize that perception, and as an application we can be equal in holding Bitcoin if the poor come in at the time of the Bitcoin price in 2010.

[el kaka22]

From here we learn that everyone who is born at the finish line has an easy desire to hold bitcoin in the long term without having any problems as long as he has other stocks to run his life and fulfill his needs. Investment everywhere, finance comes in from all gaps.
Meanwhile, we who have to go through a series of life can't be winners if we don't have a strong will and the path to take when facing a bear market, what can we defend? other than letting go just to meet the needs of life for tomorrow morning.
That is what often distinguishes where the fulfillment of financial stability can smooth the long road. However, this does not mean that you are guaranteed a winner, because the winner is not determined by money. It's just that the alternative is easier than the path we took.

I would say that if you are investing with the money you need, then you will always end up losing. This month I had to go fight fires, and wanted to take a vacation as well! So instead of a vacation, I went and fought fires for 3-4 days and then relaxed in a hotel to recoup for 3-4 more days, it was one of the most tragic moments in my life, honestly considered leaving it all behind and going to some small island to just enjoy life and forget about all of this hectic world problem BS, and not like that was enough, I had to purchase so many stuff for firefighting and then hotels were extra expensive because of covid, so not only I had a horrible month, but now I am in debt as well.

Nothing too serious, like just 200-300 dollars and that's it, I can recover that in few months no problem, but the reason why I have debt is because I wanted to help people put out the fire, I was already doing something good, and still lost. Did I cashed out my crypto during that period? No. It is still there, and not touching it.

[ReiMomo]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Yes. I have thought of it so often. Thought like, If I have more than whats needed for my expenses, I would dare enough to invest more on trading for long term and peacefully await for its growth. I borrowed around $2k and invested on trading believing I would get monthly return to close off the debt which did not happen and I had to close off my trades at lose and pay back the debt. So, when one is already financially stable, he/she does not have to worry of any near return. Its a best example I can relate with your thread here.  

[The Sceptical Chymist]

But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need.

You kind of answered your own question here, though I'd add that not all small investors aren't financially stable.  A person can work in a relatively low-paying job but have no debt and live frugally and thus have stable finances.  It's the people who don't have a lot of income and live well beyond their means that end up investing in things that they have to sell in the short-term because they need cash.

So yes, if you want to be able to save or own bitcoin (or stocks, gold, whatever) for the long-term, you have to put aside only what you're not going to need in the short-term.  If you blow your rent money on bitcoin, what do you think is going to happen?  You'll have to sell it at market price, which means whether you make a profit or not is less likely than if you were able to hold longer.

[Davidvictorson]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

I have learnt over time that you cannot compare the goals and aspirations of others with yours. The goal of a big-time investor is definitely different from the goal of a small-time investor in crypto. The way I see it is that you do not have to be financially stale to be a gainer in bitcoin investment however you need to be a gainer in bitcoin investment to be financially stable.

[skarais]

The only way the less wealthy could have succeeded with little money was to be in the right place at the right time, which means they recognized the opportunity early enough to minimize the risk.

@Lucius, I knew it wouldn't be easy, but I knew it was something right. The simple thing is that it doesn't take a lot of money to invest but maximize the opportunities and minimize the risk by only investing in assets that are really profitable in the long term and that is bitcoin. Although altcoins can also be profitable, bitcoin is much safer for long-term investment.

I believe that there are many examples like you, but that's the way it is in the life of an ordinary person - look at it from a brighter side, because what would it be like if you didn't invest in crypto at all?

Yes, a little is better than nothing. But this investment is a choice and we cannot force them to continue to do it and they can do it in any asset according to their wishes and best choice.

[Vaskiy]

Financial stability is a must and it has the ability to make our portfolio stronger. There is a difference on making decisions without any mind distraction and with something running in the mind. Most of the small holders invest what is available for their daily life, so today or after a week/month they're in a situation to cash out the holding. Inbetween if the market pumps, it is their earning.

For the person who is financially stable he has the ability to hold until targeted price is being reached. This can happen within week or years. Holding for such long days never gonna make him suffer, it makes his holdings grow high with time.

[Fortify]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Honestly most people who are financially savvy will only have a small portion of their assets in one place, they'll tend to have the vast majority in stocks (aka ownership share of a company) which have proven themselves over many decades. Property is also one of the best investments that people will ever make in their lifetime and is usually the biggest thing that anyone will ever spend money on. If you can imagine that 80-90% of someones wealth goes into those two things, then the remainder might be spent on a sort of gamble with highly volatile assets like cryptocurrency or junk bonds. Besides early investors who got rich, you're definitely best to diversify your money.

[CryptopreneurBrainboss]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

It does have it advantage but it's not mandatory. Don't forget the big investors are also liable to losses if they sell when the market experience some corrections. What matters most is your patience with the market to gain big time. The early adopters that held onto their Bitcoin weren't the the richest out there or the most financially stable, they were just those that believed in something others considered a joke and held onto their investment.

You don't have to be rich to benefits as well. Don't Invest funds you'll need in the near future, only invest your spare funds, do this and you won't have to sell off your hodlings. Also always keep emergency funds incase something urgent that need money comes up, that'll way you won't have to touch your investment.

The secret in successfully pulling this off is by diving your income, for example, if you earn $200 monthly, you don't have to invest in all, instead keep aside a fraction for emergency, another fractions for investing in Bitcoin, expenses etc, just plan well and you won't have to sell your Bitcoin hodlings.

[wxa7115]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Not only you need financial stability you need stability in all aspects of your life, you know just to give you an example, even if you have financial stability if one member of your family is mentally and emotionally unstable that can be more than enough to destroy your financial stability if they make a mistake, so even if you did nothing wrong if one of the members of your family is in danger you are going to have to pay for it and this is going to destroy your financial stability.

This is why achieving any kind of success when it comes to your wealth not only depends on you but on the people that surround you and even on the luck that you have, and those are factors that are impossible for you to control and that can still affect you in a very significant way your ability to hold your bitcoin and achieve financial freedom.

[Hippocrypto]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Indeed we're losing for so many times, we can't even do buy and sell because we're afraid to risk our funds.
There's no such thing to be called mandatory, but stabilized funds is more advantageous compared from small buffer capital investors. If you're aiming for huge gains, don't use your existing funds but rather keep it accumulating in order to increase your asset capabilities for future gains.

[Anonylz]

It is quite simple, if you have a stable source of earning it goes along way of supporting your investment, even if you are a small funds owner with a steady income, investing some percentage in btc and let it grow won't affect your income greatly, only if that person is too eager to see the investment grow within short period, otherwise, such person can still gain alot without having to be a big investor, it all depend on level of patience and market volatility tolerance.

[Lubang Bawah]

Have you heard of die hard fans in a club, they don't live their club no matter how many times they loose matches or cups, they remain in and will always endure that club for the purpose best known to them. The same thing with bitcoin, there have been some diamond hands that have holding tight to their bitcoin since its inception and they don't think of selling anytime soon. It's actually true that the rich get richer but what makes the rich to keep holding? It's nothing but discipline, they don't joke with it.

Discipline and focus on goals are the most important keys to get rich, bitcoin has been showing good performance for about 11 years and i'm sure it will continue to shine, if we always think back then we won't get rich, it's better to immediately follow what they are doing so we can successful like them.

[bittraffic]

Not neccesarily but a man that is not financially stable might not able to think of investing because he'll have to feed himself and worse if he has a family to take care of.

I won't agree with you. Have you ever notice any suicide attempts for losing crypto? If not then you may read Are Crypto-Related Suicides a Real Problem?. Believe or not many peoples even borrowing money to invest in crypto. Most small investors take chances to multiply investments within a short time. It's like gambling. That kind of investors become panic during price dumping. And they might sell holding as well in bad situations if need. So here is the financial stability stand for and it's mandatory for long investment IMO.

Well, that investor is a gambler. Borrowing money to invest in the first place is not an investment. It's like borrowing Peter to pay Paul situation.

If he doesn't know when to buy and sell coins in the market, Bitcoin investment shouldn't even be in his mind. He can jump off the bridge or hang himself whenever the price dips. But the rich can hold BTC for long term, they can endure not cash out their BTC even if its price dip again to $3K.

It's necessary for a not financially stable person to know when to turn his money into stablecoin and when to buy BTC. 

[Emitdama]

Nope, I don't think so, there are people with a lot of money that are loser in trading so it's not a right assumption. What should be mandatory is the ability of some people to do a good trade and analysis because that's what some of this people lack that causes them to not be a gainer when it comes to investing.

Those are exceptions. Being rich are losing money is nothing new and I call such people idiots because they are technically spending money they got from their parents. There are some poor who make more money than riches too but again those are exceptional geniuses. The general consensus is that the rich earn and the poor lose overall.

the rich are getting richer. That always works in any type of industry in the world.

One reason I believe this happens is financial freedom. Rich has enough to survive while they can block their money in the market during tough times but not the poor can afford the same.

[crwth]

the rich are getting richer. That always works in any type of industry in the world.

One reason I believe this happens is financial freedom. Rich has enough to survive while they can block their money in the market during tough times but not the poor can afford the same.

The rich has the capability of being free with their money and has the capability of being able to invest in different aspects. It's only weighing where the person starts. Whether the person has a lot of debts to pay first before being financially free (students having loans) or comparing to those who started at 0 debts and continuously earn money without having to worry about debts and immediately earn for their future already.

[Rruchi man]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Financial stability is not necessarily mandatory, but it is a key factor to be a gainer in bitcoin investment, another factor being "discipline".

The basic needs of man are food, clothing and shelter. A financially stable person to me is one who has been able to satisfy these basic needs and has a bit more for luxury and investment and any unforeseen circumstance like say an accident or medical emergency. If a financially stable person is beset with an emergency need, he can get money for it without thinking of liquidating any of their investment.

 The case is however different for someone who is not yet financially stable where the decision to invest is a decision to sacrifice some other pleasures and live poorly or below standard at times, for such an individual to gain properly from bitcoin investment is very difficult.

[tygeade]

To me, it all depends on what you do as compared to what you are best at doing. Those who have more money aren't always earning because if you see social media handles, there are guys who lose massive amounts in each bear run and some even manage to lose during a bull run, by short selling the coins.

If you don't have much money but you know what you are best at doing, there is no way you will lose money. From an investing point of view, yes more capital means more profits but always induces more losses as well.

It's easy to hate the riches but they are rich for a reason and those who are struggling made some mistakes that put them in such a bad situation.

[Kittygalore]

As any other reply here, it's not mandatory. Maybe you will get more profits but that stops there. Unless you're talking about profit then probably it's a mandatory to be a gainer. In order to do that though, either you start from scratch or you came from a big money.

[meanwords]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

I don't think it's mandatory but more like a mentally and emotional support for trading. It's most likely that people who can afford to lose the money are the ones who are making the most rational decisions because they resistant to FOMO, FUD, panics, or any negatives that affects decisions in trading. If you are financially unstable, you are aware of your money that you are going to invest. You'll have doubts and all sorts of fears that will negatively impact your investment.

So it's kind of like this. Being financially stable isn't necessarily mandatory, it it will certainly help.

[Ucy]

You think the poor don't have the patience to make profit or something? I have seen lots of poor people who own farms and patiently wait for their animals/crops to grow to maturity ... why not mere investment in Bitcoin?

I think they can be very patient if they invest what they afford to risk and have more money to take care of their other needs.

In Bitcoin world, a person who invest $2 can be equally as omportant as one who invest $1billion... and both can lose and gain.
If those investments are worth 10% of their wealth and both invest longterm, they will make or lose thesame amount in proportion to their wealth, depending on the price Bitcoin.
By the way, I prefer multiple small-scale farms own by many people than a large one owned by few people or a single person. Hope you understand what that means in relation to Bitcoin investment and price stability.  

You think the rich can succeed without the poor investor's money and effort? I don't think so... and this can easily be proven.
The rich are hyped on the internet but on the real world they basically can't do without the poor.

[jostorres]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

I agree. People who are rich also manipulate the market and the small traders lose money in all the manipulation which makes the rich even richer and the poor suffer even more. I think be it gambling or trading the same logic applies everywhere; The bigger fish will eat the smaller ones!

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Very true and that's where small traders will, unfortunately, suffocate and sell their assets for cheap while the rich ones can just forget about it until they get the price they want from the market. No matter what we say that Bitcoin is made for the poor or rich, the truth is that slowly everything moves towards the rich. Maybe some early investors who got into bitcoins are rich but the theory doesn't change at all.

[oHnK]

Very true and that's where small traders will, unfortunately, suffocate and sell their assets for cheap while the rich ones can just forget about it until they get the price they want from the market. No matter what we say that Bitcoin is made for the poor or rich, the truth is that slowly everything moves towards the rich. Maybe some early investors who got into bitcoins are rich but the theory doesn't change at all.

When it is said that being rich is mandatory in profiting from investing or trading BTC, I don't think so.  But if it is said that the main factor determines the size of the profit, then I agree.  It is true that the probability of the rich and poor in making a profit will be greater than the percentage of the rich, but the poor still have a chance.  If it is said to be mandatory, it is as if without wealth the poor cannot start investing.  We must be equally open to the freedom of investment and the benefits of everyone.  Studying the market alone is enough to avoid losses.

[globalpain]

Very true and that's where small traders will, unfortunately, suffocate and sell their assets for cheap while the rich ones can just forget about it until they get the price they want from the market. No matter what we say that Bitcoin is made for the poor or rich, the truth is that slowly everything moves towards the rich. Maybe some early investors who got into bitcoins are rich but the theory doesn't change at all.

When it is said that being rich is mandatory in profiting from investing or trading BTC, I don't think so.  But if it is said that the main factor determines the size of the profit, then I agree.  It is true that the probability of the rich and poor in making a profit will be greater than the percentage of the rich, but the poor still have a chance.  If it is said to be mandatory, it is as if without wealth the poor cannot start investing.  We must be equally open to the freedom of investment and the benefits of everyone.  Studying the market alone is enough to avoid losses.

It seems what you said is very clear and I think it's an easy explanation to understand so I hope people can understand it,
whether it's the rich or the poor basically they can still start investing,
and to get that profit back to their respective strategies

[Ozero]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Wealthy people have the opportunity to invest more capital in cryptocurrency, and in particular, bitcoin. The larger the amount of funds invested in bitcoin, the higher the profit will be. Therefore, from this point of view, rich people really have more opportunities to become even richer than the bulk of people who now have the opportunity to buy up to one bitcoin. However, the demands of people who are not very well off financially are much more modest than those of the rich. For the poor, a profit of even a few thousand dollars can be more significant than for the rich, several tens of thousands of dollars.

[israt1@]

I think to invest in Bitcoin you have to be big financially. If you want to benefit from the current value of BTC, you must make a big investment. If your investment is low then if BTC gets some increase you will have little. What will happen is nothing. If you buy 1 BTC, if it increases a little, your profit will be a lot. As the amount increases, so will the profit.

[Liamttw]

Financial stability is good for investment. When there are enough funds to invest, you can freely allocate funds for multiple portfolio investments.
Ordinary people need to consider whether the funds outside the investment can meet the needs of daily life when investing, they can only use a small part of their funds for investment. When they urgently use funds, regardless of whether they lose money, they must sell their investment assets, which will inevitably bear greater risks and losses.
While financial stability can have sufficient funds to bear market risks and the financial burden caused by holding for a long time, they do not have to worry about insufficient funds to sell currencies. They can also invest the remaining part of the funds on a regular basis, and eventually get more More profit.

[xSkylarx]

I think to invest in Bitcoin you have to be big financially. If you want to benefit from the current value of BTC, you must make a big investment. If your investment is low then if BTC gets some increase you will have little. What will happen is nothing. If you buy 1 BTC, if it increases a little, your profit will be a lot. As the amount increases, so will the profit.

Yes, it should be a big amount, but to those who bought bitcoin a few years ago, it was a really big now; I'm not sure if they are still holding it or have sold it now that the price is so high. It's fine to buy a half or whole bitcoin now because there's a good chance the price will double again in the coming years if you believe in bitcoin. However, you are correct that if you have sufficient funds, you should buy in bulk or engage in trading, but this requires knowledge and time.

[Cindella]

Financial stabilizers can freely use their own funds, and there will be sufficient funds to support long-term holding of assets to obtain benefits.
People who do not have sufficient financial support will be subject to great limitations when investing, they have to invest within the risk of loss. When they need funds to meet their daily needs, they have to sell assets to pay for daily consumption.

[jossiel]

It is not mandatory however I believe with what all that you've said about someone's gain especially with the rich people. Those are the exact reason why they're getting rich.

They leave their investments while pursuing another one and it doesn't matter to them what will happen to that investment in a year or more. I've listened to an interview with a known tycoon in Asia and that's what he do, he invest and leave that and then pursue for another one. He's also aware of blockchain but didn't mentioned about bitcoin but probably he's also aware of it.

[so98nn]

I think most of the answers are mixed one here. But, I would straight away say that it's mandatory to have financial stability. I know very well that if I am trading or investing then I am doing it out of the purpose of solving my financial situation or either I wanna increase whatever I have in my hands! In both the cases I think I must be very cautious about it because once you loose the money in crypto world you start with new mindset of gaining that loss back and go beyond. But in the process you can end up loosing more than what you have.
If in that period you come across an emergency situation then what would you do is the big question. So yeah, invest responsibly and only what you can afford to loose.

[Natalim]

I think most of the answers are mixed one here. But, I would straight away say that it's mandatory to have financial stability. I know very well that if I am trading or investing then I am doing it out of the purpose of solving my financial situation or either I wanna increase whatever I have in my hands! In both the cases I think I must be very cautious about it because once you loose the money in crypto world you start with new mindset of gaining that loss back and go beyond. But in the process you can end up loosing more than what you have.
If in that period you come across an emergency situation then what would you do is the big question. So yeah, invest responsibly and only what you can afford to loose.

In this scenario, its always a great advantage for those investors who are financially stable rather than those small investors who are always aiming for quick profits. I think its not really mandatory but investors who are already rich before they come up investing in crypto have high opportunities to gain more because they mostly invest with huge capital so the returns is definitely a bigger amount too. But for those average investors, investing on the amount they can afford to lose is their main concern so the moment they gained profits, its not literally big.

For me, financial stability is not an issue since the main purpose of investing is to make profits and become progressive. So once we became capable of making our profits huge, then it will still lead to financial stability. It's just a matter of hardwork and patience.

[maju69]

I think to invest in Bitcoin you have to be big financially. If you want to benefit from the current value of BTC, you must make a big investment. If your investment is low then if BTC gets some increase you will have little. What will happen is nothing. If you buy 1 BTC, if it increases a little, your profit will be a lot. As the amount increases, so will the profit.

Yes, it should be a big amount, but to those who bought bitcoin a few years ago, it was a really big now; I'm not sure if they are still holding it or have sold it now that the price is so high. It's fine to buy a half or whole bitcoin now because there's a good chance the price will double again in the coming years if you believe in bitcoin. However, you are correct that if you have sufficient funds, you should buy in bulk or engage in trading, but this requires knowledge and time.

I think they already sold it, because how many times to split the Bitcoin certainly changed their decision and decided to sell some or all of it. That's far more than enough of a big profit and at this point most people buy Bitcoin at a pretty hefty price tag. With financial fulfillment, of course, it's difficult to just buy a few Bitcoins or half of them are already making big profits at this time.

[Fesatmas]

I would say that if you are investing with the money you need, then you will always end up losing. This month I had to go fight fires, and wanted to take a vacation as well! So instead of a vacation, I went and fought fires for 3-4 days and then relaxed in a hotel to recoup for 3-4 more days, it was one of the most tragic moments in my life, honestly considered leaving it all behind and going to some small island to just enjoy life and forget about all of this hectic world problem BS, and not like that was enough, I had to purchase so many stuff for firefighting and then hotels were extra expensive because of covid, so not only I had a horrible month, but now I am in debt as well.

Therefore, when stability is sufficient, at least one thing we must need, namely good management mastery. When you are looking for fun and are sitting on an island, it means that you want to calm all the turmoil that occurs due to uncontrolled financial management that leads to consecutive defeats.

Nothing too serious, like just 200-300 dollars and that's it, I can recover that in few months no problem, but the reason why I have debt is because I wanted to help people put out the fire, I was already doing something good, and still lost. Did I cashed out my crypto during that period? No. It is still there, and not touching it.

Well, that's for you. As for those who do not have a level of financial stability, such a large amount to me is very valuable, the level of opinion regarding the nominal distinguishes you and me.
Even with 200 - 300 Dollars I was able to survive the pandemic for more than 1 month due to not having a proper job.

[teosanru]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Obviously, no matter how much we talk about percentages, a person with higher capital is actually earning a huge amount, 20% of $1000 is barely $200 while 20% of 1 million dollars would be equal to $200k, and also the effect of compounding also doubles up the gain these investors make. Secondly, talking about financial stability, I have always recommended people should invest in cryptos what they can easily afford to lose, it's only because of that fact because you might need to sell it at very low prices someday when you urgently need the money, therefore making it more or less unprofitable, Big investors make portfolios, they spread up their investments in different sectors and different crypto which definitely is a more organized and structured way of making investments, but yes the biggest thing especially in crypto space is that whales make easy money because they have access to information that a retail investor doesn't, also they operate most of the times in cartel making it even more profitable.

[BITCOIN4X]

Obviously, no matter how much we talk about percentages, a person with higher capital is actually earning a huge amount, 20% of $1000 is barely $200 while 20% of 1 million dollars would be equal to $200k, and also the effect of compounding also doubles up the gain these investors make. Secondly, talking about financial stability, I have always recommended people should invest in cryptos what they can easily afford to lose, it's only because of that fact because you might need to sell it at very low prices someday when you urgently need the money, therefore making it more or less unprofitable, Big investors make portfolios, they spread up their investments in different sectors and different crypto which definitely is a more organized and structured way of making investments, but yes the biggest thing especially in crypto space is that whales make easy money because they have access to information that a retail investor doesn't, also they operate most of the times in cartel making it even more profitable.

The greater the capital owned by an investor, the greater the profit obtained when price start to rise. But since investing is not just about making a profit, they should also think that there will be big losses if they have a lot of capital. Don't you think these two possibilities could happen in this highly volatile market?

Honest, suggesting people to invest in bitcoin is not our responsibility. This is a risky investment when the investor does not have good insight and experience as an investor. It would be much better to let them know that there is huge potential for bitcoin to make a profit in the long run, so save as much as they can afford. That's much more logical to suggest than asking them to put all the money they have into buying bitcoin they don't fully know what it's for. This means they can buy bitcoin with money they don't need to meet their daily needs. Little by little, over time it becomes a hill.

[Shenzou]

i Wouldn't say finicial stability but having enough to sustain your day to day things, so for me i started getting into bitcoin when i was a student i had to work part time to pay for my rent and food while also studying, what i used to do is i try to save up some money every end of the month by for example buying cheap food or not going out on some weekends and i would put back that saved money into bitcoin, because i believed that bitcoin is a good investment that would only get bigger with the years.

[Caldear]

For any investment to collect, financial stability is a very favorable condition.
Investors who are in financial stability do not have to think too much about the economic pressure outside of investment, they can concentrate on using their funds for investment. When the market price changes, most of them will not be affected by market sentiment and will not worry about economic losses and will choose to continue to hold the currency. Eventually they will become richer and there will be a bigger gap.

[fullhdpixel]

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Well, being financially stable is a good thing, because more money means that you will be able to make more money. You can’t compare an investor with $100,000 to one that has $1,000. The first will invest and still have enough money left to take care of himself and responsibilities that he has, but the later won’t have that much. And when it comes to making profit, the investor who is financially stable and invested a huge amount of money will make more profit than the one that doesn’t much money. So, being financially stable gives you a lot of advantages. But I still believe with accurate planning, even a poor investor will succeed.

[Wawa2013]

i Wouldn't say finicial stability but having enough to sustain your day to day things, so for me i started getting into bitcoin when i was a student i had to work part time to pay for my rent and food while also studying, what i used to do is i try to save up some money every end of the month by for example buying cheap food or not going out on some weekends and i would put back that saved money into bitcoin, because i believed that bitcoin is a good investment that would only get bigger with the years.

What you are doing is right, by living more frugally to be able to invest in Bitcoin. If indeed we want to become rich or change our economy for
the better, it is very important to invest in the right assets. Bitcoin can give us wealth and economic improvement, if we can invest in Bitcoin
in the long term. Because Bitcoin doesn't make us rich in a short time, sometimes it can take several years to make big profits from Bitcoin.
As long as we consistently collect Bitcoin and hold Bitcoin in the long term, then getting rich is just a matter of time.

[Bollexz1]

Yes I think financial stability contributes to being a successful gainer in the bitcoin investment but at the same time a trader needs to be confident about his/her trade. If you're the type that doesn't have a rocky mind, then investing is not meant for you.

[iv4n]

NO! I think Bitcoin proves that "no" in this case! People who benefited the most from crypto are not rich people, I believe the people who benefited the most are the people who believed in technology, people who had a passion for technology and awareness of what crypto can do in this world, and that's to change it from roots!
Now we can say it's not only the Bitcoin that proves it, but we also have many other coins started from scratch and just with dedicated developers, loyalty supporters, they are now where they are...

In the beginning, there wasn't money involved, just passion and hard work! That paid off too many, and it's still paying off... and it's not late to join, I think crypto only scratched the surface, there's a lot more to be done!

[just_Alice]

Not mandatory, but I'd say a very desired feature. I myself have been into situations when I'd sell my crypto because I needed money, even though that was extremely unprofitable, plus the fees were high. I knew that wasn't time to sell and I wouldn't have done so if I was financially secured otherwise.

I've learned my lesson and now I only buy when I'm confident that in the nearest future I won't need that money and won't have to sell.

Nevertheless, one can make a profit from short-term returns with alts, or daily trading, I don't think financial stability plays such a big role in these cases.

[Spack17]

I think that having financial stability is not mandatory but recommended. Because people who are financially stable can make more serious investments into Bitcoin whenever they want. And they wouldn't become so sad when they lose money. But when it comes to the other people, they think twice before making an investment. Because they should be extra careful compared to the rich people. If they lose it all, they can have bigger problems financially and psychologically.

[hello_good_sir]

NO! I think Bitcoin proves that "no" in this case! People who benefited the most from crypto are not rich people, I believe the people who benefited the most are the people who believed in technology, people who had a passion for technology and awareness of what crypto can do in this world, and that's to change it from roots!
Now we can say it's not only the Bitcoin that proves it, but we also have many other coins started from scratch and just with dedicated developers, loyalty supporters, they are now where they are...

In the beginning, there wasn't money involved, just passion and hard work! That paid off too many, and it's still paying off... and it's not late to join, I think crypto only scratched the surface, there's a lot more to be done!

But the people who benefited the most had no immediate needs that they had to fulfill, which allowed them to hold onto their investments in the first place. A poorer individual may recognize the potential of the technology but not be able to hold onto their position for extended periods of time.

I completely agree with OP, and I think that this past decade has really benefited those with patience and with wealth.

Both patience and an existing stable wealth seem to be prerequisites for successful investing no matter what field.

[Lanatsa]

Not mandatory, but I'd say a very desired feature. I myself have been into situations when I'd sell my crypto because I needed money, even though that was extremely unprofitable, plus the fees were high. I knew that wasn't time to sell and I wouldn't have done so if I was financially secured otherwise.

I've learned my lesson and now I only buy when I'm confident that in the nearest future I won't need that money and won't have to sell.

Nevertheless, one can make a profit from short-term returns with alts, or daily trading, I don't think financial stability plays such a big role in these cases.

Not all would really be having that kind of situation on where they do have always back up funds in case if things doesn't really tend to happen on what they had expected.

Even myself had put through situations like this on where I do need to sell on lose because I do really badly needing some funds for some personal reasons or emergencies on where it do
sucks when you do saw that theres some significant rise.

Situations like these are inevitable and cant really be avoided but if you do have funds allocated for such situations then I don't see for it to happen.

[famososMuertos]

The point here is that you always look at the investor from an individual point of view and from that perspective the road is very long, but if you are constant you can be successful, defining success as financial independence.

But the reality is that if you can start an investment based on a group of investors, the path is definitely shorter but the risk is higher and the skill is much greater, and in that sense it is a myth that great investors start with an individual capital. and they make it grow exponentially, well really two myths, a single investment and small capital that then turn it into millions.

Successful people in the investment business do not depend on a single asset and have generally achieved good capital, with bitcoin there is a romantic vision of being able to become millionaires, with little money, it was like that and it is still possible, only that every bitcoin share nowadays becomes costly for ordinary people who hope to make a million with bitcoin's trip to the moon.

Being a winner in bitcoin is something individual that depends on each of us on our expectations of what financial stability means, many people always want more or want to have more income but do not know how much, it is really that extra financially speaking that makes them happy but they do not know it and this is really important, because if you are going to be financially successful, you must know exactly what you want.

I always see or read that there are people who want bitcoin to reach a certain price, but what will happen on your life if the bitcoin reaches a certain price, on our local board a user at the beginning of this year bought his apartment, it was his moment and for me just at that instant he reached his financial stability with bitcoin for your life goals.

If you understand the point, it is about what you achieve in life with the passage of time if you are young it is obvious that there is impatience for not buy a house, a vehicle, etc. it is about the individualities in the objectives that each of us have, There is a slow process of life to reach the material things in life that define us as successful individuals, a house, a family and money, I always mention it that way "money," so, if the way to get to money is a common job, ok, if it's an unusual job, ok. it is an investment ok, an inheritance, ok

In reality, I am interested in my financial stability because of my achievements because of my effort and / or because of my ability to earn money and that gives me the financial stability to have a satoshi and be happy.

Bitcoin is desired as an asset to earn money, but you have to be honest and understand what you want as a return, but regardless of that I like the romantic idea of ​​being part of bitcoin without measuring my success in the bitcoin world by its attractive of value... I'm sorry I got excited about the topic.

[Botnake]

Not mandatory, but I'd say a very desired feature. I myself have been into situations when I'd sell my crypto because I needed money, even though that was extremely unprofitable, plus the fees were high. I knew that wasn't time to sell and I wouldn't have done so if I was financially secured otherwise.

I've learned my lesson and now I only buy when I'm confident that in the nearest future I won't need that money and won't have to sell.

Nevertheless, one can make a profit from short-term returns with alts, or daily trading, I don't think financial stability plays such a big role in these cases.

Not all would really be having that kind of situation on where they do have always back up funds in case if things doesn't really tend to happen on what they had expected.

Even myself had put through situations like this on where I do need to sell on lose because I do really badly needing some funds for some personal reasons or emergencies on where it do
sucks when you do saw that theres some significant rise.

Situations like these are inevitable and cant really be avoided but if you do have funds allocated for such situations then I don't see for it to happen.

Worst things will only happen if you are not prepared for it. But if you have back ups aside from the capital you had invested, then you won't meet such situations like that. It's a good thing that we should not just depend much on our investments. It has no guarantee when will it create profits so better find a job that will sustain our basic and emergency needs.

Financial stability has nothing to do with the outcome of your investments. Although it has an edge but in the long run, its your skills and strategies will matter the most. As long as you won't sell in the dip, then you are not losing anyway.

[carlfebz2]

Not mandatory, but I'd say a very desired feature. I myself have been into situations when I'd sell my crypto because I needed money, even though that was extremely unprofitable, plus the fees were high. I knew that wasn't time to sell and I wouldn't have done so if I was financially secured otherwise.

I've learned my lesson and now I only buy when I'm confident that in the nearest future I won't need that money and won't have to sell.

Nevertheless, one can make a profit from short-term returns with alts, or daily trading, I don't think financial stability plays such a big role in these cases.

Not all would really be having that kind of situation on where they do have always back up funds in case if things doesn't really tend to happen on what they had expected.

Even myself had put through situations like this on where I do need to sell on lose because I do really badly needing some funds for some personal reasons or emergencies on where it do
sucks when you do saw that theres some significant rise.

Situations like these are inevitable and cant really be avoided but if you do have funds allocated for such situations then I don't see for it to happen.

Worst things will only happen if you are not prepared for it. But if you have back ups aside from the capital you had invested, then you won't meet such situations like that. It's a good thing that we should not just depend much on our investments. It has no guarantee when will it create profits so better find a job that will sustain our basic and emergency needs.

Financial stability has nothing to do with the outcome of your investments. Although it has an edge but in the long run, its your skills and strategies will matter the most. As long as you won't sell in the dip, then you are not losing anyway.

Always set back-ups and its a must thing to be considered first before joining any investment because there's no such guarantee that you could make money and thats why preparing for something situation is a must.

Financial stability is not something that all people could have and some do invest with loan amounts because they do gamble out on something which they do seem to be worth to risk and if it did go well then
thats the time they do repay those loans.
I can say its risky but there are people who do really love to play with fire.

[ROSEDF]

If you don't have stable income, you won't invest in Bitcoin.
The prerequisite for investing in Bitcoin is rich investment and asset stability.
The important thing in investing is to learn how to invest. Don't just invest casually just because you have more money.
It is also possible for the wealthy to invest in Bitcoin to become nothing.

[Helen-cty]

I can’t say absolutely, but I think most of them are in the hands of economically stable people. The ability to experience stability will be less stressed than others, and their mentality must be more stable, and their financial management skills must be very strong, and success is also It makes sense. Although my wealth has not reached a certain level of wealth, we can make planned investments within our capabilities so that we can reduce pressure.

[Strongkored]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Yes, not only when investing in Bitcoin requires financial stability but also in all investments, what makes a person most unsuccessful in investing in Bitcoin is because they will expect success in short term, even though investment is long term, and often when someone who doesn't have a stable income will be very possible to sell his crypto assets regardless of whether the conditions are positive or negative to meet urgent needs.

[Rasa nanas]

obviously rich people will get bigger profits because they use bigger capital. if you use unused money for investment you can also become a long term holder and earn big profits. it doesn't matter how much money you invest, but you have to be able to adjust the income with the investment value.

[dothebeats]

It certainly helps, but I don't think it's mandatory.

There are those who went rich from bitcoin who were not really well-off back then, and are just trusting everything to go well for the cryptocurrency. They had balls of steel to believe in something that was not "plausible" at the time, and they were lucky enough to still be here when the world saw bitcoin's potential.

Even today, one can still be a gainer if they believe in bitcoin, and set aside something and consider it as an investment for the future.

[Sanugarid]

Not mandatory but it can help you make more money much faster since you can invest more money and can help you return your investment with a big profit margin in the same time as someone that's started from square one.

[barbara44]

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Financial stability is a requirement for anything that is wealth related, could be stocks, could be forex, could be any investment, you can't even buy silver if you do not have financial stability. Life is hard and people are acting as if having absolutely no idea of where the next check is coming from is fine, and it is not fine, being a salary slave is not the solution, but being unemployed is not it neither. So what should you do? You should work as a worker somewhere for a salary for a while until you gain your financial independence, if you could have some saved aside then you could work towards becoming more and more independent.

I worked for around 4.5 years in my life for someone else, after that I became a freelancer because I had the courage and the business network to do that, been doing the same work for years now and I can't be any happier, it is the best years of my life, best job I ever had, and it allows me to save some money aside most months (unless there is an emergency I have to spend money on).

[Levero]

When the financial stability is stable, the funds can be freely used for investment.
When investors use more funds to invest in bitcoin and have more capital, they will get more profits as the price rises.
And bitcoin can bring investors more economic benefits and wealth freedom. If you own bitcoin for a long time, you can get economic improvement and get more profits.

[jossiel]

Not mandatory but it can help you make more money much faster since you can invest more money and can help you return your investment with a big profit margin in the same time as someone that's started from square one.

And you won't be hurt that much if your investment in bitcoin isn't that much moving or is in losses.

Because you're someone who's financially stable and you've got other sources of wealth and income, it's just nothing to you and you'll hold for so long because fluctuations don't matter to you.

[ILuckyGuyI]

Being rich is not mandatory to invest into some coins. But it is much more advantageous of course. Because as you have a lot of money already, you won't be so sad even if you lose all of your money. But the situation is completely different for a poorer person. They think twice or even more before making some investments. They care about investing an amount which they can afford if they lose it more than rich people.

[sana54210]

Being rich is not mandatory to invest into some coins. But it is much more advantageous of course. Because as you have a lot of money already, you won't be so sad even if you lose all of your money. But the situation is completely different for a poorer person. They think twice or even more before making some investments. They care about investing an amount which they can afford if they lose it more than rich people.

Rich people do get sad when they lose money as well, because it is usually higher amount for them as well. If you are a person who has 100 bucks and you lose just 1% of that, that would be 1 dollar and nobody would be sad for that, but if you are super wealthy and have 100 million dollars then losing 1% would mean that you would lose 1 million dollars and you would get sad about that very easily.

Obviously the advantage of being a wealthy person is that you do not have to lose that money and hold to your bitcoins and wait for it to go up whereas when you are poor if it goes down too much that is your whole life savings that could be going to zero and people get super upset about it and may end up selling to save the remainder while the price starts to go back up afterwards making them even sadder. Being rich is a great thing in life, for many things, being a trader is not one of them.

[Charot12345]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Rich people become rich day by day, I think it was because of their mentality. A rich people are not afraid of losses. They always learn from it so that they won't fail next time. So they became sucessful each day.

Big investors stable financially so that they can hold how much they want without using it for a long time because they have extra money for the things if they want to spend.

Finacial stability is not really a mandatory but a very big advantage. If you are financially stable, the chance that you give up or be scared when the price drop is lesser. It was not mandatory because the things that are mandatory on bitcoin investments is your strong will, patience, be wise and set a rich & winning mindset.

[TheUltraElite]

Rich people become rich day by day, I think it was because of their mentality. A rich people are not afraid of losses. They always learn from it so that they won't fail next time. So they became sucessful each day.

One can always look back into the history of rich people and if they are critical enough - they will be able to understand how a rich person actually became "rich". Not everyone is born rich, many people become rich because of their actions. Hence it is wrong to assume that they are not afraid of losses. Rather the truth is that they have learnt from being poor at one time and now they are not spending their money in things they dont need.

Risk taking attitude can be present in any person be it rich or poor. When someone has earned their money from hard work, be it rich or poor, they will have more attachment to their wealth and will not waste it. But someone who got that money from illegal methods will always want to spend it away and take more risks with it.

Again rich does not equal financially stable. Rich or poor is a relative term. Financially stable is theoretical term which depends on how you manage your earning and expenditure.

[Dread Pirate Roberts]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Yes, actually anyone can manage their finances to be included in financial stability. but it may be much smaller than people who have large capital
and large financial stability as well. yes in essence to back up capital. just like stocks trader in bank, they will always have more back up money to make a profit if something not work as predicted.

[Ryder Kudrow]

Financial stability does help crypto investment. People with sufficient funds are more willing to take risks. They can invest more funds and hold them for a long time.
People with unstable funds may not consider investing first or they use very little funds to invest because they must reserve enough funds to support their daily lives. They are also more susceptible to market sentiment. When currency prices fall, they will panic and sell, which is more likely to cause economic losses.

[molsewid]

Yes, not only when investing in Bitcoin requires financial stability but also in all investments, what makes a person most unsuccessful in investing in Bitcoin is because they will expect success in short term, even though investment is long term, and often when someone who doesn't have a stable income will be very possible to sell his crypto assets regardless of whether the conditions are positive or negative to meet urgent needs.

This is the mostly the type of scenario when an investor is not financially stable this not only happen in bitcoin investment but also in any form of investments. The possibility to sell their crypto because of the contingency to meet their need is highly probable. There we could distinguish clearly what's the difference between an investors with a financial stability to an investor without a financial stability. Rich investor has a high probability to keep their investment in a long term because they don't have the urgent to meet that they must ended up selling their asset that made in invesment.

[magnum1010]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

I see that only big investors can really make money on Bitcoin. As when you invest 1 million of dollar in Bitcoin and it increases by 10 per cent, you get 100.000$ what is also a big profit, but if you have only 100$, you get only 1 dollar while the same growth. So for small investors it is more preferred to invest in something more risky. As I am also a small investor, I invest in defi-projects that give me around 50% apr.

[oHnK]

Yes, not only when investing in Bitcoin requires financial stability but also in all investments, what makes a person most unsuccessful in investing in Bitcoin is because they will expect success in short term, even though investment is long term, and often when someone who doesn't have a stable income will be very possible to sell his crypto assets regardless of whether the conditions are positive or negative to meet urgent needs.

This is the mostly the type of scenario when an investor is not financially stable this not only happen in bitcoin investment but also in any form of investments. The possibility to sell their crypto because of the contingency to meet their need is highly probable. There we could distinguish clearly what's the difference between an investors with a financial stability to an investor without a financial stability. Rich investor has a high probability to keep their investment in a long term because they don't have the urgent to meet that they must ended up selling their asset that made in invesment.

I have the view that it is true that those who will get a bigger gain are those who are financially stable, but it should be underlined that unstable ones still have opportunities.  We understand very well, especially for the crypto market which is the most risky market, meaning that this is where it is very important to have stable finances otherwise it will be very risky to starve to death if it is too extreme.  Opportunities for the poor are smart work and extra effort, because we can fight against the privileged with just a hundred times their effort.

[BITCOIN4X]

If it refers to the notion of investment, it is appropriate for an investor to invest with money that is no longer needed to meet daily needs. This will influence them to maintain the target they want to achieve within a certain period of time in a way that is not affected by price volatility, for example. So it is natural that investors who have a lot of capital will get greater profit compared to day traders or short-term investors. If you have 100% in the money and really want to invest then make sure you don't use all of it to invest as it can prevent you from reaching your target. You should save at least 30% of your money for daily use while hoping that 70% of what you invest will pay off. So the poin is financial stability greatly affects the success of an investor to achieve a commensurate return on the investment he makes.

[Marcorey]

Financial stability is conducive to Bitcoin investment. When there is sufficient funds, there is a large amount of funds to invest in Bitcoin in addition to the funds needed for daily life. The more funds invested, the more you will gain when the price rises. Bitcoin can bring us the freedom of economic wealth. Bitcoin will not make investors rich in the short term. But long-term holding of Bitcoin will eventually make high profits.

[South Park]

Financial stability is conducive to Bitcoin investment. When there is sufficient funds, there is a large amount of funds to invest in Bitcoin in addition to the funds needed for daily life. The more funds invested, the more you will gain when the price rises. Bitcoin can bring us the freedom of economic wealth. Bitcoin will not make investors rich in the short term. But long-term holding of Bitcoin will eventually make high profits.

Correct, those that do not have money saved cannot invest in anything and that includes bitcoin, and in order to have some money saved then you need to have financial stability, after all it is known that this is how humans work, only those that have some spare resources can take the time to invest their money and time in something that is experimental, the ones that do not have that kind of savings need to concentrate first on how to generate more income instead.

[Finestream]

Financial stability is conducive to Bitcoin investment. When there is sufficient funds, there is a large amount of funds to invest in Bitcoin in addition to the funds needed for daily life. The more funds invested, the more you will gain when the price rises. Bitcoin can bring us the freedom of economic wealth. Bitcoin will not make investors rich in the short term. But long-term holding of Bitcoin will eventually make high profits.

And by simply buying and holding of bitcoin, then even if you just sit the whole time, good profits will really come to you depending on how many bitcoin you hold. But i really don't believe that at least you should be financial stabilized so you can make profits in bitcoin. Yes, i admit those who have financial stability can create bigger opportunities to make profits but even if you are just a middle class investor, you will still make profits but maybe smaller compared to those who invested a large amount.

We can invest starting with a minimal amount and when we make profits after that, then we can start increasing our capital too. By that time, we can expect higher profits that once end up successful, we can have a stable finances after that.

[perfect999]

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Mandatory? No. Helpful? Definitely. If you have financial stability that means there is a good chance you know what you are expecting from your own finances. Let's say that you have been working in the same company for a while, few years, and there is not that much of a chance for you to get fired right now, that means for a few more years you will keep working there by all accounts unless something unexpected happens and you can calculate your salary and make investments accordingly.

This doesn't mean that if you do not have any financial stability that you can't make any investment at all, there are still ways you can as long as you have some excess money at the end of the month.

[Hamphser]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Having gains or profits in Bitcoin investment doesnt really need for you to have that financial stability but somehow it is actually an advantage compared to those who do have average or just ample for you to invest on

without having other source of income because if you dont have much problem about finances then you could always be versatile towards your actions in the market which is a plus because of this unpredictability of the

market then you could think off on possible ways for you to recover or even cut-loss which you wont really be minding much nor getting stressed since you do still have back up funds.

[Ausgewielt]

I think people who have a lot of fund will have opportunity to gain bigger profit. But it's not a guarantee. In my opinion, people who can gain profit from this investment are those who buy and sell in correct time. I only have small amount of money but it always doubled every bullish market trend. So I sold at that time then buy btc again when bearish market trend happen. Another example is, I bought TRX at lowest level at bearish market few weeks ago and now if I sell it then I can get 200% of profit, but I will not sell it now because I think bullish market trend is even not starting yet. So in my point of view, investing in bitcoin and other cryptocurrencies need knowledge and experience, not just big fund.

[Viscore]

I think people who have a lot of fund will have opportunity to gain bigger profit. But it's not a guarantee. In my opinion, people who can gain profit from this investment are those who buy and sell in correct time. I only have small amount of money but it always doubled every bullish market trend. So I sold at that time then buy btc again when bearish market trend happen. Another example is, I bought TRX at lowest level at bearish market few weeks ago and now if I sell it then I can get 200% of profit, but I will not sell it now because I think bullish market trend is even not starting yet. So in my point of view, investing in bitcoin and other cryptocurrencies need knowledge and experience, not just big fund.

Bitcoin investment gives equal opportunities to whatever your social status is. But knowing rich people have definitely more funds to invest, so their opportunities to double their profits is bigger compared to those who only invest from a middle class. Still, i don't see financial stability is mandatory to be a gainer in bitcoin investments although its really a big factor but being knowledgeable and flexible are still the most important things so you can be profitable. There are those who came from a poor family but end up very successful in bitcoin because they have the full determination and persistency to learn and develop their own strategies so they can avoid losing often and maximize the profits. So being financially stable is not a guarantee, its simply being the best of you that will attract more success in life.

[pinggoki]

Only rule of thumb everyone should follow is don't invest what you can't afford to lose. If you fail to do that and your assets went downhill, you're properly fucked. That being said it is true that the biggest winners are the ones who invest the biggest bags. But those who really win here are the ones that have the balls of steel and would invest their money, wait until the market is much more favorable, and then take the winnings, those are the ones that deserve my salute.

I think people who have a lot of fund will have opportunity to gain bigger profit. But it's not a guarantee. In my opinion, people who can gain profit from this investment are those who buy and sell in correct time. I only have small amount of money but it always doubled every bullish market trend. So I sold at that time then buy btc again when bearish market trend happen. Another example is, I bought TRX at lowest level at bearish market few weeks ago and now if I sell it then I can get 200% of profit, but I will not sell it now because I think bullish market trend is even not starting yet. So in my point of view, investing in bitcoin and other cryptocurrencies need knowledge and experience, not just big fund.

Long as the guy who invests have prior knowledge about investing in the first place, he should be good to go. The thing about having much more money is that you can diversify your assets, this will minimize your chances of overall losses and therefore will allow you to win more. The poor and the ones who are less fortunate do not have this luxury so we see small-time investors losing all of their stuff in one go.

[bitgolden]

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Yeah, we need to be financially stable so that we could make long term investments which must be too essential for making big profits out of bitcoin investments. If you do not have regular income and you are not financially stable then you may disturb your long term bitcoin investments before the planned time duration is achieved. It means your planned long term investments may get into a sort of short term trading which may even suitable to concise as active trading as well.

[jossiel]

I think people who have a lot of fund will have opportunity to gain bigger profit. But it's not a guarantee.

There is no guarantee but the favor is with the person that has a bigger fund and likely to be financially free.

Have freedom in investments that he choose like owning bitcoin and won't be too thoughtful if the market crash overnight.

[Quidat]

I think people who have a lot of fund will have opportunity to gain bigger profit. But it's not a guarantee.

There is no guarantee but the favor is with the person that has a bigger fund and likely to be financially free.

Have freedom in investments that he choose like owning bitcoin and won't be too thoughtful if the market crash overnight.

One of the advantages of those people who had really money to spent on or simply those rich ones and this isnt talking about being mandatory because we are all striving to have lots of money and thats why people do end up lots of ways or methods for them to achieve that certain state and not all do really end up on being successful thats why even if we do like it or not then we would be surely experiencing the reality.
We are trying our best to gain profits for us to obtain such condition or state.This is why it would be only possible through investment and become successful into it.

[finaleshot2016]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

No, I know a lot of people who started at the bottom with little experience and expertise and are now millionaires because of cryptocurrency. So, in my opinion, financial stability is not a major determinant in becoming a millionaire because small investors may also hold their assets if they have the ability to do so. It's true that wealthy people don't mind if bitcoin prices fall because it's a long-term investment with a small amount of money at stake, but if small investors are also thinking about it, assuming that they've entered crypto for investment, then they should hold until it gives them huge gains and then diversify into other assets until they become millionaires.

[AndySt]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

No, I know a lot of people who started at the bottom with little experience and expertise and are now millionaires because of cryptocurrency. So, in my opinion, financial stability is not a major determinant in becoming a millionaire because small investors may also hold their assets if they have the ability to do so. It's true that wealthy people don't mind if bitcoin prices fall because it's a long-term investment with a small amount of money at stake, but if small investors are also thinking about it, assuming that they've entered crypto for investment, then they should hold until it gives them huge gains and then diversify into other assets until they become millionaires.

Oh, I think that for this number of lucky people who got rich, there is a much larger number who could not do it. When you have a small amount of capital, then you have to take more risks compared to richer players and, accordingly, a much greater chance of both winning and losing. And according to the laws of the market, there are always more losers than winners. And unlike more affluent players, small players for the most part will not have so much time and opportunities to hold on until the very end and be in a big win. By the way, everyone perfectly remembers the names of the lucky ones and winners, but few people keep in mind the names of losers and those who lost 

[lienfaye]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Well not really, anyone can gain huge in his investment with a right plan and strategy. If we know to ourselves that we are not financially stable then dont force to invest the money that is meant for important things. Just invest the money that you can live without so you wont count on this money incase emergency occur.

While its true that rich people are huge gainer because money is not a problem for them, but I believe an average investor can do it too by working hard to sustain his needs and not relying with his investment's profit.

It takes an effort to succeed so if you are lazy to work then its unlikely for you to gain huge.

[kanayaTabitha]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

In any investation money is compunding, rich people become richer quick is because they already have a lot of money to compound and the return is a lot of money also. People who already start with small capital will also receive small returns too. So for small investors it takes time and patience to become rich and i'm sure the rich people are also struggling back then when they are only a small investors, patience bring them to the rich life.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

To become a good investor, yes.
Because we have to seperate our daily consuming money and investment money. We should always have 3 times of our monthly needs in our savings before we invest to anything in case to save our investment from withdrawing because we don't have money anymore for our daily needs.
Moreover with crypto investment, veterans said that we have to only invest the money we can afford to lose because crypto market is ruthless

[xSkylarx]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

No, I know a lot of people who started at the bottom with little experience and expertise and are now millionaires because of cryptocurrency. So, in my opinion, financial stability is not a major determinant in becoming a millionaire because small investors may also hold their assets if they have the ability to do so. It's true that wealthy people don't mind if bitcoin prices fall because it's a long-term investment with a small amount of money at stake, but if small investors are also thinking about it, assuming that they've entered crypto for investment, then they should hold until it gives them huge gains and then diversify into other assets until they become millionaires.

It is not just about holding, because when we think of investment, we only think of holding; it is also about trading and investing in a promising coin. That is spot trading, which can result in a huge profit if a bull run occurs. Even if we have enough money to hold the coin, there are many risks involved in doing so, so we should learn first before jumping in.

[jossiel]

I think people who have a lot of fund will have opportunity to gain bigger profit. But it's not a guarantee.

There is no guarantee but the favor is with the person that has a bigger fund and likely to be financially free.

Have freedom in investments that he choose like owning bitcoin and won't be too thoughtful if the market crash overnight.

One of the advantages of those people who had really money to spent on or simply those rich ones and this isnt talking about being mandatory because we are all striving to have lots of money and thats why people do end up lots of ways or methods for them to achieve that certain state and not all do really end up on being successful thats why even if we do like it or not then we would be surely experiencing the reality.
We are trying our best to gain profits for us to obtain such condition or state.This is why it would be only possible through investment and become successful into it.

It's not mandatory because not everyone are in that situation.

For those fortunate traders that have a big to start with, they're on a better situation but the results will still lie on their hands how they're going to trade.

[irsykes]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Not mandatory but if people with less assets have big possibility to sell their bitcoin because something unexpected. Not like people who have a lot of money who made investment beside his main salary and maybe already have savings. Not far to mention, sometimes when i want to hold my bitcoin, and then i forced to sell it in any price because need urgent money, i don't have much choice beside selling my assets although price still in lower position.

[sana54210]

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Not mandatory but if people with less assets have big possibility to sell their bitcoin because something unexpected. Not like people who have a lot of money who made investment beside his main salary and maybe already have savings. Not far to mention, sometimes when i want to hold my bitcoin, and then i forced to sell it in any price because need urgent money, i don't have much choice beside selling my assets although price still in lower position.

Whenever someone mentions stability, we imagine people with a lot of money who are stable and people who are poor that are not stable. However, stability means stream of money coming in one way or another, if it is consistent, like a salary then we can consider it stable, but if it is moving around too much and you earn 1 one month and 3 another month and 2 the next one, that is not stable.

It means there are poor people who get a tiny salary that are financially stable because they get money consistently the same amount, and we have people who are getting crazy amounts of money like Jeff Bezos whose money is not financially stable at all, it is wildly unpredictable how much he will earn. This is why stability is mute point, it is mandatory to have enough excess money to invest into crypto, but that could be unstable and unpredictable as well.

[redsun114]

This is why stability is mute point, it is mandatory to have enough excess money to invest into crypto, but that could be unstable and unpredictable as well.

If you have excess money then you never bother about stable income (at least in short term) hence in my perspective, financial stability is not only dependent on your regular income but also dependent on your savings and investments. Overall, we can conclude that we are financial stable when we are able to rise some big money on requirement without going for loans or anything similar to that.

I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time.

When you are not stable financially then you cannot even plan for any investment at first hand. Only after that, you may think about long term holding. So, being financially trouble-free needs to be a basic eligibility criteria for thinking about bitcoin investments as bitcoin investment always requires long term holding.

[Aurorra]

Only when sufficient funds are available can they be able to make other investments in addition to meeting the needs of daily life.
The more money you invest, the more profits you get. Because when you have more capital, you get more benefits from rising currency prices.
Moreover, financial stabilizers have sufficient economic support and can hold investment currency for a longer period of time.

[Bombbi]

Financial stability is conducive to Bitcoin investment. People with a large amount of capital will have a greater chance of making profits. Only with sufficient financial support will there be excess funds for investment, and more bitcoins can be invested when they have stable funds. The value of Bitcoin continues to increase, and the greater the number of long-term holdings, the greater the profit.

[Hasan905]

If you have no savings and just want to invest somewhere based on your income, it will never be easy for you, the main reason is that you can't invest more than you want at once, after which from small investment the incoming profit will not motivate you much to move forward.  In the second case, if you invest your only capital somewhere, you will not have anything to support your family at any moment and as a result, you may be forced to make very bad decisions at an excepted upcoming good time and there is a possibility of loss rather than profit. 

[lightning0]

Everyone can get a certain profit through investment. People with financial stability will have more capital to invest, and they have a greater chance of making huge profits.
Financially unstable people may sell currency at any time and cause economic losses because of urgent need for funds, while financially stable people will not worry about this happening, and they have the ability to maintain long-term investments.

[MIldic1c]

If your wealth is unstable, you usually have to sell the coins when you encounter some problems, but you still have surplus money in your life, and you can invest in the Bitcoin network for a longer time without worrying about other real life. If the expenses in real life are difficult to meet, then the choice of investment will not invest too much money.

[Hyperechos]

Are you unbalanced because the rich are making more money in Bitcoin? But if there is no blockchain investment, they may make more money where you can't see it. The rich people can become rich people because most of them can stand at the forefront of the times, have smarter brains or better parents. Although our financial situation is not stable, we make corresponding investment plans, choose suitable investment targets, and also spend money that will not affect our lives to buy Bitcoin.

In fact, blockchain is an opportunity for ordinary people

[cheezcarls]

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

During the time that I have educated small to big groups about cryptocurrencies, I told them about the importance of being financially stable even if the crypto market goes down. Just like me of course, even though that I have lost a lot in the crypto space, I always make sure that I maintained to become financially stable.

I have lessen my spending on unnecessary expenses (it’s not good to say no because we can’t avoid it along with mandatory ones like monthly bills, essential needs, etc., but at least with control) and I usually bet my money mostly on assets such as cryptos, NFTs, etc.

[riso2015]

Obviously it should be. An investor would actually be much better off for their economic stability. Why? because we are faced with a risky market. If we do not have good financial stability how can we calmly face the market. Not a key that should be but much better that way . Now it's just how we who are economically standard can enter the market, yes, how to manage our finances well.

[dezoel]

You have already answered the question yourself. Rich people are gaining more from Bitcoin investment because they have more to invest in it. When it comes to investments anybody that invest more money is going to also make more profit than those that invested less. So, since they have a lot of money to invest, they’re also going to gain more than those that has less to invest.

But, that doesn’t mean that those who don’t have enough don’t really gain something from Bitcoin, there are times that Bitcoin has gone up more than 100%, and those who invested small were able to gain something that can change their life. So, Bitcoin does benefit everyone, although the rich are those that gain more from it. But Bitcoin shouldn’t be your only investment, there are cheap alternative coins that you can invest in that are really good. So, you can target these alternative coins and invest in them.

[jossiel]

If your wealth is unstable, you usually have to sell the coins when you encounter some problems, but you still have surplus money in your life, and you can invest in the Bitcoin network for a longer time without worrying about other real life. If the expenses in real life are difficult to meet, then the choice of investment will not invest too much money.

It happens and it's true that whenever you're in need, you have to sell your bitcoins.

Whether it be in profit or loss as long as you need the money, there will be a rush sell that you'll do and that's the disadvantage of not being wealthy.

[herurist]

If your wealth is unstable, you usually have to sell the coins when you encounter some problems, but you still have surplus money in your life, and you can invest in the Bitcoin network for a longer time without worrying about other real life. If the expenses in real life are difficult to meet, then the choice of investment will not invest too much money.

this is why when so many people say that investing, especially in crypto, must really be money that is not needed and we are still surviving in navigating life, whether it's for clothing or daily needs is to avoid things like this (one of them) .
This is one of the important factors in investing, especially for the long term.
because indeed when talking about long-term investment it will be very difficult to take the coins that we invest especially in falling prices.
and most people are not aware of it and make investments as if they can be taken at any time even if it can be self-defeating.

[Kasabus]

If your wealth is unstable, you usually have to sell the coins when you encounter some problems, but you still have surplus money in your life, and you can invest in the Bitcoin network for a longer time without worrying about other real life. If the expenses in real life are difficult to meet, then the choice of investment will not invest too much money.

It happens and it's true that whenever you're in need, you have to sell your bitcoins.

Whether it be in profit or loss as long as you need the money, there will be a rush sell that you'll do and that's the disadvantage of not being wealthy.

Yes. There is really a great advantage if you are financially stable and then you start investing in bitcoin. You will most likely to earn huge profits because you are just gonna wait and sit for your target selling price to achieved and then you sell them. So whenever you have trouble meeting your finances, it will not affect you that much because you have your own spare money that you can use and won't resort into selling your coins even if its still in low prices. So i think being financial stable is a big edge towards others so you won't end up losing your investments in bitcoin. Instead,holding it will keep on growing your profits as years continue to pass by.

[wiss19]

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Depends on the meaning of investment. If you mean investment to just simply buy some crypto then anyone can do that, even the poorest person can do that, the amount doesn't really matter, sure the tech part could be hard if you are like some homeless person but even they could use some of it to buy food and some of it on some bitcoin ATM to get some more. Everyone can make a crypto investment by simply buying, even 10 bucks worth of BNB means you are invested.

However if you want real investment, investment that could really make you become rich one day, you should do it by starting a business related to crypto or at least have a business investment even if it is someone elses. That is the one that makes you a lot of money.

[jossiel]

If your wealth is unstable, you usually have to sell the coins when you encounter some problems, but you still have surplus money in your life, and you can invest in the Bitcoin network for a longer time without worrying about other real life. If the expenses in real life are difficult to meet, then the choice of investment will not invest too much money.

It happens and it's true that whenever you're in need, you have to sell your bitcoins.

Whether it be in profit or loss as long as you need the money, there will be a rush sell that you'll do and that's the disadvantage of not being wealthy.

Yes. There is really a great advantage if you are financially stable and then you start investing in bitcoin. You will most likely to earn huge profits because you are just gonna wait and sit for your target selling price to achieved and then you sell them. So whenever you have trouble meeting your finances, it will not affect you that much because you have your own spare money that you can use and won't resort into selling your coins even if its still in low prices. So i think being financial stable is a big edge towards others so you won't end up losing your investments in bitcoin. Instead,holding it will keep on growing your profits as years continue to pass by.

That's the advantage of people who are financially free and stable. And that's what we're aiming for even though we're not like them.

We can be like them, we have to look for ways to obtain that status while holding and keeping our bitcoins. There's a way and we can do that if we're eager and won't spend those btcs that we hold.