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Author Topic: i am a housewife want to invest in bitcoin  (Read 627 times)
Awan putih yang cantik (OP)
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January 17, 2023, 03:36:21 PM
 #1

hello everyone,, I am a housewife who wants to join this forum and ask for your help, so that you can guide and advise me, especially in terms of investing in bitcoin.

as I said above that I am a housewife. and I plan to invest in bitcoin.
and I want to invest in bitcoin using the money in my piggy bank, because if I have money left over from shopping that my husband gives me, I always put it in my piggy bank.

but what makes me want to invest in bitcoin is because,, if you put it in a piggy bank for a long time I think it will be affected by inflation.
so in my opinion if my invest in bitcoin, of course it will have good potential for the future. but I will ask everyone,

is it too late to invest in bitcoin?
because I saw on the internet that bitcoin is currently experiencing an increase.

and whether my decision is right or not, to invest in bitcoin?

please guide for all the friends in this forum?
aysg76
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January 17, 2023, 03:57:13 PM
 #2

hello everyone,, I am a housewife who wants to join this forum and ask for your help, so that you can guide and advise me, especially in terms of investing in bitcoin.
First of all welcome to the forum and just make sure you read all the rules in this thread Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ so as to avoid making any violation on the forum unintentionally also.

as I said above that I am a housewife. and I plan to invest in bitcoin.
You have made the right choice and appreciate your thoughts of investing in bitcoin despite being housewife and this should be motivational for others as well because you are going through the way of investing in profitable asset rather then just saving it.


but what makes me want to invest in bitcoin is because,, if you put it in a piggy bank for a long time I think it will be affected by inflation.
so in my opinion if my invest in bitcoin, of course it will have good potential for the future. but I will ask everyone,
Exactly the money you save in your piggy banks is just lying there without any return but being reduced in value with rising inflation overtime making your fiat worthless.If you see most of the currencies around the world has lost significant part of their value over these years and then government prints more money making it even down.Rest your money in bank accounts is also facing the same inflation rates and you will get minimum in the name of bank interest.Moreover your funds are not yours and lying in their custody which they can anytime put restrictions on but bitcoin gives your financial freedom and returns as well.

is it too late to invest in bitcoin?
because I saw on the internet that bitcoin is currently experiencing an increase.
There were people back in 2015-16 who said we missed the boat when prices were very low so this is not a new concept but for me when you think of investing in it it's the best time keeping in mind you have long term holding without selling in future dips and that will be profitable for you.You must be aware about the market risk and invest what you can afford to loose a friendly advice to you.But keep faith and patience you won't regret it.

Even if you have invested at $20k and holding for 5+ years you will get lot of returns say we hit the ATH of $68k also then also you will gain much out of your investment so don't think too much.

But remember investing is one part and keeping it securely for all these years is also hard task so best is to use hardware wallets if you can and read about them here or non custodial wallets like Electrum which don't save your keys.You need to backup your seed phrase on offline storage safely which is key to unlock your funds and must not be shared with anyone ever.So remember these things after investing as there are lot of people who keep funds on Centralised exchange like Binance but don't do such mistakes and keep funds with your custody.

and whether my decision is right or not, to invest in bitcoin?
You won't regret it once you make the choice of investing in bitcoin  Wink

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January 17, 2023, 04:08:20 PM
 #3

There are not any problem about what your specific job and where are coming from for investing in Bitcoin or know detail with Bitcointalk forum, all people acceptable and welcome here without has difference culture, job, gender and here we are welcome to every one.

is it too late to invest in bitcoin?
because I saw on the internet that bitcoin is currently experiencing an increase.
I don't think late for investing in Bitcoin nowadays although price increase up above $21,000, but you have read about term or service when investing in Bitcoin. Having bigger risk when Bitcoin one day later drop to lower price and you have use free funding for investing in Bitcoin. You can see in this board about guide how to start investing in Bitcoin and what recommended wallet use for holding Bitcoin assets.

R


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mk4
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January 17, 2023, 04:13:55 PM
 #4

Don't "invest" in bitcoin just because the number can go up. Invest in it if you actually think it will go up because you agree/align with the investment theses. Because for every bitcoin-positive person here on Bitcointalk, there will be a skeptic on other social media.

Educate yourself — you're obviously going to get biased answers here.


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

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January 17, 2023, 04:51:26 PM
 #5

Considering you might have some time on your hands and seem to be tech savvy based on the fact that you here which takes  a little extra effort to find this place  ::)I would suggest you consider trading it other than investing only..
Learning to trade will actually give you an edge over the market such that you will know when to hodl and when to sell when markets look bearish based on price action.  

R


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lovesmayfamilis
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January 17, 2023, 05:30:04 PM
 #6

I'm assuming you're in the business of raising children, so are you at home? But even if this is not the case, it is quite possible that you have a lot of free time and a great opportunity to learn bitcoin gradually. I say this confidently because we are similar; I also sit at home for a while. Take your time with investments and start reading the forum. You can invest all your money and also lose it very quickly. Do not be seduced by quick profits; without knowledge, you are more likely to fail than gain. Therefore, sit and read, and only after that will you understand that it is not necessary to ask such questions as those that were asked. I hope that soon you will not doubt Bitcoin but will come here with strong confidence and good knowledge.

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January 17, 2023, 06:23:18 PM
 #7

...
as I said above that I am a housewife. and I plan to invest in bitcoin.
and I want to invest in bitcoin using the money in my piggy bank, because if I have money left over from shopping that my husband gives me, I always put it in my piggy bank.

but what makes me want to invest in bitcoin is because,, if you put it in a piggy bank for a long time I think it will be affected by inflation.
so in my opinion if my invest in bitcoin, of course it will have good potential for the future. but I will ask everyone,

is it too late to invest in bitcoin?
because I saw on the internet that bitcoin is currently experiencing an increase.

congratulations because you found the right forum to be your guide for investing in bitcoin or other cryptocurrencies, the volatile bitcoin price makes everyone still have time to invest in bitcoin, you have to see what rate the bitcoin price is currently at and if you compare it with the ATH then you will find that currently, the bitcoin price is still in a discounted condition (believe bitcoin price will pass its ATH in the next few months) so it's not there is a late word in investing in bitcoin.

and whether my decision is right or not, to invest in bitcoin?

please guide for all the friends in this forum?

of course, investing in bitcoin is the wisest decision, not everyone has faith in bitcoin even many refuse to hear about bitcoin when someone explains about it. You can read in the bitcoin discussion thread or you can search for references on Google about bitcoin history and what has happened (FUD, bitcoin price history, etc--).



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January 17, 2023, 06:41:27 PM
 #8

Welcome to the bitcoin space. It actually the best currency for store of value but it’s risky to have all your savings on it because of its volatility. Not that it loses value but selling low might bring loss. So the best option is to save some funds in fiat for daily use so as to hold your bitcoin for long.


There are have been many discussions here so before proceeding to ask or drop a new thread please use the search engine. The link below will help you how to use it
https://bitcointalk.org/index.php?topic=5276341.0

You can learn everything here, if you are having problems about anything do well to ask. We have experts to guide you
Here is a link about bitcoin wallets
https://bitcointalk.org/index.php?topic=1631151.0

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January 17, 2023, 07:15:20 PM
 #9

It is never too late to invest in Bitcoin, as long as you understand the risks involved. Bitcoin and other cryptocurrencies can be highly volatile; their price can fluctuate greatly in a short period of time. It is important to do your own research and understand what those risks are before making any investment decisions. Since you are new to the world of cryptocurrency, it is best to start small. You do not need a lot of money to invest in Bitcoin or other cryptocurrencies; you can get started with just a few dollars. As your knowledge grows and your confidence builds, you can increase your investment over time. It is also important to invest only what you can afford to lose and diversify your portfolio, that way, if one investment does not work out as planned, you will not lose all of your money.

It is ultimately your decision whether to invest in bitcoin or not, but it is important to be well-informed before making any investment decisions.
Welcome to the forum, by the way.

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January 17, 2023, 07:22:45 PM
 #10

but what makes me want to invest in bitcoin is because,, if you put it in a piggy bank for a long time I think it will be affected by inflation.
so in my opinion if my invest in bitcoin, of course it will have good potential for the future. but I will ask everyone,
Saving money in fiat is definitely terrible. It's highly susceptible to inflation and can be very unstable dependent on who's at the helm of the fiscal policy decisions.
Bitcoin on the other hand is not prone to inflation and retains its value well overtime, but it's downside to some is that it's very volatile.
If you're planning to invest in Bitcoin, learn a bit about the basics and how it works, you don't need to bother with the more technical details early on, just what you need to know to have a grasp of the fundamentals. This would guide your decisions.

is it too late to invest in bitcoin?
because I saw on the internet that bitcoin is currently experiencing an increase.

and whether my decision is right or not, to invest in bitcoin?
• Small price changes does not matter long term.
You are investing spare money as you said and should not be bothered about short term price effects.
Think longer term.

• Your decision is yours to make. This is a Bitcoin forum and majority here are holders, so they personally see it as a good idea, it's up to you to decide for yourself.

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January 17, 2023, 07:28:02 PM
 #11

That's not up to me if I say you should invest or not. I don't have to repeat about you reading the forum rules or such but about if it's too late or not to invest in bitcoin is I can give some opinion or advice if you call it that way. Since you said that you are a housewife and let's assume that you have lots of time to learn and once you have done that then you can decide on own if you want to invest or not and there's nothing wrong with asking advices even if you have knowledge about Bitcoin already maybe as a preferences or guide. I know that there are some time you are busy doing house chores and more but I am sure you have some free time and I think you should better ude that chance to soend that time in crypto.
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January 17, 2023, 07:34:45 PM
 #12

hello everyone,, I am a housewife who wants to join this forum and ask for your help, so that you can guide and advise me, especially in terms of investing in bitcoin.

as I said above that I am a housewife. and I plan to invest in bitcoin.
and I want to invest in bitcoin using the money in my piggy bank, because if I have money left over from shopping that my husband gives me, I always put it in my piggy bank.

but what makes me want to invest in bitcoin is because,, if you put it in a piggy bank for a long time I think it will be affected by inflation.
so in my opinion if my invest in bitcoin, of course it will have good potential for the future. but I will ask everyone,

is it too late to invest in bitcoin?
because I saw on the internet that bitcoin is currently experiencing an increase.

and whether my decision is right or not, to invest in bitcoin?

please guide for all the friends in this forum?
It's never too late to invest in bitcoin; the opportunity is still there. What I like best is taking money out of your piggy to invest in bitcoin. You can also persuade your husband to do the same, but keep in mind that while doing so is good, there are risks involved. Welcome to the bitcoin community, where you can learn endless amounts about trading and technical aspects of bitcoin.

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BIT-BENDER
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January 17, 2023, 07:48:12 PM
 #13

Please don’t stereotype yourself I don’t consider house wife as a title nor do I consider it as a position and no one should bear the name tag house wife.

By the way welcome to the forum, i can say that you aren’t familiar with Crypto-Currency and I can judge that by how you introduce yourself to the forum, don’t be board try to learn more. And I congratulate for coming into the forum which is a big step to learning more about bitcoin and only then should you try investing.

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lfgbtc2023
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January 17, 2023, 08:16:09 PM
 #14

I invest more than 1 year ago in BTC, only a little amount, cause I remember a good sentence: do it at your own risk. I learn how to set up a wallet and something else, but unfortunately I come into this forum late. So, take a look into guide and other topics that could help you a lot. Welcome
JoyMarsha
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January 17, 2023, 09:11:58 PM
 #15

hello everyone,, I am a housewife who wants to join this forum and ask for your help, so that you can guide and advise me, especially in terms of investing in bitcoin.

as I said above that I am a housewife. and I plan to invest in bitcoin.
and I want to invest in bitcoin using the money in my piggy bank, because if I have money left over from shopping that my husband gives me, I always put it in my piggy bank.

but what makes me want to invest in bitcoin is because,, if you put it in a piggy bank for a long time I think it will be affected by inflation.
so in my opinion if my invest in bitcoin, of course it will have good potential for the future. but I will ask everyone,
Welcome to the forum. Being a housewife doesn't stop you from investing in bitcoin. Anybody can invest in it anonymously without disclosing their occupation.

Bitcoin investment doesn't need many tasks from you apart from having your private keys stored in a safe place, investing with the amount you can afford to lose, hold and have a long-term investment plan.

is it too late to invest in bitcoin?
because I saw on the internet that bitcoin is currently experiencing an increase.
It is not too late to invest in bitcoin. Don't invest in bitcoin because of the recent increase in price, invest because you have a long-term goal. 
 
Less I forget, don't put all your hope on bitcoin investment cos nobody can ascertain what the future holds for her.

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Cryptomultiplier
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January 17, 2023, 09:16:14 PM
 #16

hello everyone,, I am a housewife who wants to join this forum and ask for your help, so that you can guide and advise me, especially in terms of investing in bitcoin.

as I said above that I am a housewife. and I plan to invest in bitcoin.
and I want to invest in bitcoin using the money in my piggy bank, because if I have money left over from shopping that my husband gives me, I always put it in my piggy bank.

but what makes me want to invest in bitcoin is because,, if you put it in a piggy bank for a long time I think it will be affected by inflation.
so in my opinion if my invest in bitcoin, of course it will have good potential for the future. but I will ask everyone,

is it too late to invest in bitcoin?
because I saw on the internet that bitcoin is currently experiencing an increase.

and whether my decision is right or not, to invest in bitcoin?

please guide for all the friends in this forum?
First of all, Bitcoin can be delved in when one pleases irrespective of the market season. Ones gender or qualifications has got nothing to do with how an investment in Bitcoin will turn out. Good return comes from good strategy of investing which can be learned upon much observation from other users and the market news and trends itself. It only takes one who has more experience on the subject matter to consider buying during bear or bull seasons.

It is okay to invest as long as it won't be an issue or discomfort for your husband/spouse. Also, waiting for everything to normalize before investing is one uncertainty to look out for. You would sure gain a lot here on this forum within the shortest possible time.

Awan putih yang cantik (OP)
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January 17, 2023, 09:17:07 PM
 #17

to all my friends, thank you for giving me advice and encouragement. it turns out that joining all of you here has really helped me, especially in the bitcoin investment that I want to do.
pixie85
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January 17, 2023, 09:40:07 PM
Last edit: January 18, 2023, 01:23:11 AM by pixie85
 #18

to all my friends, thank you for giving me advice and encouragement. it turns out that joining all of you here has really helped me, especially in the bitcoin investment that I want to do.

It's good to hear, welcome to the forum and I hope you'll stay and take part in discussions.

It's never to late to be a part of something that changes the way people see money and value. If this isn't a financial revolution then I don't know if there will ever be one and I don't want to be stuck with inflationary fiat money all my life with no alternatives Tongue

I'd like to add that if you want to buy it as a hedge against inflation like you've said in your first post your location will matter greatly. If you live in a country where inflation is 2% you don't have to worry about that too much, but if you're somewhere in Venezuela or Turkey where inflation is literally destroying people's lives, I'd run to bitcoin as fast as I can.
Agbe
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January 17, 2023, 10:21:51 PM
 #19

It is a good idea but what I will advise you is that, don't use your household feeding money to invest in bitcoin, and if you do that there will be a big problem in the house because the money was not meant to invest but to feed. And also before you does such thing inform your husband about it but it is not compulsory but it would have been nice you tell him. And also remember there is risk in investing in bitcoin. You when you invest in this slide rising of the bear market and tomorrow the market comes down again, you have to know what to do. In the piggy bank, the money is stable to some extent and bitcoin has never stable. So know the risk before investing.
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January 17, 2023, 11:02:18 PM
 #20

Welcome on board.
You being a housewife doesn't deprive you of Bitcoin investment and you're correct when said the money you put in your piggy bank will be affected by inflation.
Meanwhile, Bitcoin's current increase in price doesn't mean you're too late to invest in Bitcoin and you can only be too late if you don't invest in Bitcoin now before the total bullish market. However, the first thing you need to know is how to secure your wallet and I will advise you to get a hardware wallet after DCA your piggy bank fund into Bitcoin.

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