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

[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.

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[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.