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Author Topic: i am a housewife want to invest in bitcoin  (Read 629 times)
Frankolala
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January 18, 2023, 08:10:13 PM
 #41

appreciate your interest I'm bitcoin and you are in the right place to discuss on any bitcoin related issues. As a housewife you have made the right decision to use your savings to invest in bitcoin, since fiat currency can't bring any profit to you when you save it in you piggy bank,instead the bank uses your money to run businesses.

You should inform your husband and don't ignore him in this case,when it comes to investment both of you should put your heads together,so that he will not feel irrelevant if he discovers by himself,he might also support you with some funds to increase you investment. You will need to noncustodial wallet to keep your investment safe

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January 18, 2023, 08:32:53 PM
 #42

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.

You have this privilege to locate this forum and find yourself here because this community is solely created for bitcoin discussions with people across the world, your first journey start with learning, you need to create time to learn about what bitcoin is, how you can buy it, store it and sell or exchange it, this will take you little of your time to get used to it but you don't have to limited your learning grounds, read through the forum here under bitcoin discussion board, learn from friends and also read on the internet but you have to exercise caution in revealing your details especially when it comes to private ones, knowing how to do things all by yourself in bitcoin is the best thing you could ever invested on yourself, which is also your first security.

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January 18, 2023, 10:04:35 PM
 #43

thank you all friends ... for the advice, and support.
now I'm starting to little by little understand about bitcoin. and it's all because of the members of this forum who gave me enlightenment and insight.

may god repay all your kindness...
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January 19, 2023, 11:07:41 AM
 #44

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?
Like you said your piggy bank might be affected by inflation, you should also be aware that bitcoin is also affected with volatility, so if you want to invest as a house wife make sure to be ready to make your investment a long term one, as BTC market price can be static for long time and anyone without a long term plan when investing would perhaps loss hope and patience and withdraw at loss.

It's not late talk more of too late to invest in bitcoin, but that depends on your investment plans . Is it for a long term?

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January 19, 2023, 01:14:23 PM
 #45



You should inform your husband and don't ignore him in this case,when it comes to investment both of you should put your heads together,so that he will not feel irrelevant if he discovers by himself,he might also support you with some funds to increase you investment. You will need to noncustodial wallet to keep your investment safe

I don't look down on women or homemakers, but it would be better if she informed her husband, and both of them could invest in bitcoin together. For these forms of venture capital, I think men will grasp it faster and better than women, and to avoid encountering unnecessary fraud incidents, both should learn carefully and invest together would be better.

OP, and if in case, you want to stay private and don't want to share for some reason. You should be very careful and should ask anything here before deciding to invest.

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January 19, 2023, 03:46:57 PM
 #46

<snip>
Please do not rely on anyone whether you should invest or not.
At least, gain more knowledge about bitcoin first before you start investing in it. Read articles, watch videos, join discussions, or do anything that can feed you with knowledge. You have to be aware of what you are investing, so you'll better understand its risks. From that, you can decide better than just asking if you should.
Goodluck!
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January 19, 2023, 06:26:11 PM
 #47

as a housewife, you have extensive knowledge and try to invest in bitcoin. It's a good choice, but you also need to know what the risks and rewards will be. Don't just look at the benefits.
Investing from a piggy bank is certainly the right thing to do, you can buy it in stages with the DCA strategy, it will have good potential in the future. and take advantage of free time as a housewife to learn bitcoin or cryptocurrency so you understand what is done and invested in bitcoin.
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January 19, 2023, 06:42:30 PM
 #48

...and that's a good decision cause unlike in your piggy bank that  your money will not grow while when you investing in bitcoin there's a chance that your money will grow if the price will go up higher .

Your words may be interpreted by the OP to mean that any investment in bitcoin provides a profit, which in fact is not true. And if the OP still decides to make such investments, then she must understand that she can lose her money. Accordingly, all responsibility for such a loss will lie with her, and not with those who advised her.

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January 20, 2023, 06:43:08 AM
Merited by CryptSafe (3), Die_empty (3)
 #49

Actually you been a house wife and getting your self in bitcoin investment is a very nice idea, reason been that you been a house wife is not just for cooking,making children set for school and other house choice alone but rather you also become a source of help to the family as well to help your husband too.
Haven't been a house wife to invest in bitcoin you need to know things about bitcoin, you need to know the advantage and disadvantage in it so as to help guard you.
I guess you didn't make a mistake by investment in bitcoin but you need to know what you are doing because it really help a lot of individual to get rich in life as well.
Getting bitcoin as an house wife is very good but on your own risky because you don't just get yourself in what you don't know nothing about it,you have to learn everything about it first before getting in to it.

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January 20, 2023, 04:41:21 PM
 #50

It's never too late to make an investment with bitcoin currently we are facing with the floor price of the 16k to 20 price which is seems nothing more lower with that,  in investment you can make a long term to short term investment which is seems like you will go for the long term for your future plans, but of course make sure you don't get carried away too much easily with those market price movement might cause you a losses due to getting fear and it's just only investment but also a risk of your emotions

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January 20, 2023, 04:55:39 PM
 #51

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?

Since it is the money in your piggy box which means you will have no need for it any time soon and also according to you, those are left over monies given you by your husband.
You may decide to invest in bitcoin but your good gain will come on the long run. Do not expect huge profit om the short term.
If you can be disciplined and wait for a very long time like 3yrs, your savings may worth as much as you didn't expect it to worth.

How about talk to your hubby to invest and how did you know about bitcoin?

R


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January 20, 2023, 06:13:15 PM
 #52

You are welcome here. Some time ago, just like yourself, there was a woman who registered on the forum from South-Africa. She was a housewife and wanted to do something more than just kitchen stuff. She got good encouragement and guidance from forum members. So you are in the right place. First, I want you to keep an open mind. As much as your money in your piggy bank can be affected by inflation, bitcoin is very volatile and it is not a good hedge against inflation. So make your choice wisely. I see that some resources have been recommended by some users. Go through them, it will help.

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January 20, 2023, 07:29:59 PM
 #53

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?
Bitcoin is phenomenal, so it’s a must investment for all of us. One is not late or early, as long as you know what you are doing and you have faith in bitcoin. However, investing in bitcoin has its own risk. You should be knowledgeable on bitcoin first, its background and its history, so you will know what steps to take when you are already investing and hodling bitcoin. But one piece of advice, only invest what you can afford to lose as bitcoin cannot guarantee profits all the time. Expect that there will be initial losses, and maybe probable gains in the future if you are already good enough.

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Issa56
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January 20, 2023, 07:46:48 PM
Merited by The Sceptical Chymist (4)
 #54

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.
Welcome to the forum, and am sure you are going to learn lot's of things from people in the forum for free, just be ready to read and incase if their is anything you don't understand, make sure you are always asking questions.
so in my opinion if my invest in bitcoin, of course it will have good potential for the future. but I will ask everyone,
If you are planning to invest in bitcoin, then you should be ready to hold for long term, don't invest the money you will be needing soon in bitcoin. Also if you want to invest in bitcoin, you should learn about wallet security and bitcoin in general, also after buying bitcoin, make sure you don't leave your bitcoin on exchange, always transfer it to a Non-Custodial Wallet and secure your private key. When securing your private key, make sure it is stored where their is no internet connection.
is it too late to invest in bitcoin?
It's never too late to invest in bitcoin, people telling you is late are just trying to discourage you from investing in bitcoin. To me bitcoin price is still very cheap now, in the next few months, you might not see bitcoin at this price again.
and whether my decision is right or not, to invest in bitcoin?
I believe you are making the best decision by investing in bitcoin.

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CryptoHeadlineNews
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January 20, 2023, 07:58:18 PM
Last edit: January 20, 2023, 08:22:05 PM by CryptoHeadlineNews
 #55

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.

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.

First of all, I wish to welcome you to the forum, and also encourage you that if "lovesmayfamilis" housewife and mother like you could achieve the height she is today on the forum, you too with determination and hardwork can do the same. It's all about time. Secondly, I hope you understand that Bitcoin is a volatile currency, whereby it's value could rise or fall anytime due to supply and demand? Are you sure you are ready for it? Because I will not advice you invest a household money given to you by your husband that it's need for it may arise soon. Because Bitcoin is always best for long term investment, and even short team investment (I.e if you are ready to bear the risk, because if it's value falls today, it always rise back).

To help you understand the different Bitcoin wallets, read this..
[General] Bitcoin Wallets - Which, what, why?


To help you understand the forum well, read this..
Newbie - Read this before posting

 
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January 20, 2023, 09:46:22 PM
 #56

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.
We are from various backgrounds and no matter who you are, you are always welcome to invest in Bitcoin as long as you have really understood about Bitcoin investment. The basic thing to remember is that investing in Bitcoin is not a way to become very rich quickly or even to be like other people who are successful from Bitcoin investment. Because, their era may be different, or the time, the luck, and also the efforts may be different. SSo you must focus on yourself to invest in Bitcoin by being aware that Bitcoin investment is also always risky, but in the right ways, this can be very worthy.

There is also not a problem where you save the money at first, you need to make an account in your local exchange to deposit your fiat to the trusted exchange and then buy some Bitcoin. Actually, this will be better if you can save or hold your Bitcoin in your personal wallet. But I am not sure that you have understood this. So, basically, you need to learn again about the safe wallet and also trusted exchange to buy and hold. Btw, what is your purpose for investing in Bitcoin? For short term or long term?
Anyway, you may need better to discuss this in your local board, there will be much more information and discussion for you about this.

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January 20, 2023, 09:54:07 PM
 #57

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
Never see bitcoin as a get-rich-quick scheme, it’s never like that. Learn to educate yourself about bitcoin, it’s history, and everything that you can find from reliable resources. And make sure you only invest what you can afford to lose, otherwise you will be left broke with bitcoin because you invest all your hard-earned money because if the thought that it will always be profitable.
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January 20, 2023, 11:57:47 PM
 #58

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.
If you want to invest in bitcoin, then start with the basics first and DYOR everything you want to learn as they can be very significant once you are already doing real investment with bitcoin. And never expect for quick profits like some greedy people who only invest for money, learn first and then you will know how to make profits with it in the future.
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January 21, 2023, 10:40:30 PM
 #59

Never see bitcoin as a get-rich-quick scheme, it’s never like that. Learn to educate yourself about bitcoin, it’s history, and everything that you can find from reliable resources. And make sure you only invest what you can afford to lose, otherwise you will be left broke with bitcoin because you invest all your hard-earned money because if the thought that it will always be profitable.
We must invest suitable funds for bitcoins and not use larger funds because after all investing in crypto has risks and is not a get rich quick scheme, many beginners do not know that and invest funds without minimum limit, they also do not have enough knowledge to learn market potential.

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January 21, 2023, 11:53:50 PM
 #60

your decision is very right, it's never too late to invest, especially in bitcoin, maybe now the price is quite a bit up, but bitcoin is not at a high price now, now there is still time to invest in bitcoin.
Don't forget to keep learning and look for reading references, or watch educational videos about investing in bitcoin and crypto.
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