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Author Topic: Take good care of yourselves  (Read 639 times)
Outhue (OP)
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April 09, 2023, 05:11:05 PM
Last edit: April 10, 2023, 04:59:36 AM by Outhue
Merited by Ndabagi01 (2), Lucius (1), LogitechMouse (1), lovesmayfamilis (1), Marykeller (1)
 #1

We all have this dream of becoming a Satoshi millionaire, many people have the target of making their first 1 million dollars and yes that's a good thing, this is possible with crypto and Bitcoin and I am not here to discourage you.

I have seen people taking this holding of Bitcoin too far, where they are doing all they can to accumulate Bitcoin. Like limiting their spending by all means, eating less food, and doing harder jobs, I just want you to know that we are living on borrowed time.

Life isn't ours forever, take good care of yourselves, it is better to enjoy your labor than working all your life and leaving it behind for some people who aren't friendly to you while you are alive to enjoy your sweat.

I am talking from experience, since my father died, everything he worked for, all his properties was taken over by those who despise him in the family when he was alive, since we have a very weird culture in the family we the children can't do anything about it.

Bitcoin has a longer life span than our lives, we are going to leave Bitcoin behind one day unless the government finally killed Bitcoin  Wink.

Time is not on anyone's side, as you are working hard to make sure your dream becomes a reality make sure you are also spending on yourself and make sure you stay healthy.

If you have to spend your Bitcoin to stay alive, do spend it, you will get another.

If you have to spend your Bitcoin to save a life, do it, this is not the end.

If you have to spend your Bitcoin to have a better life, do it, Bitcoin or Crypto isn't the only way to become successful.

Take Good Care of yourselves.  Happy Easter

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cabron
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April 09, 2023, 05:37:45 PM
 #2

What happened to your father? He left you with tons of gold and millions and you are not friendly to him?  I just wanna make it clear, it does sound like you are not done with your sentence.  Grin

I'm sure people who invest to profit love themselves, sleep, and eat a lot as well.
Anyway, while you enjoy, you might as well just make sure you leave your riches and coins to someone you love regardless of whether they hate you or not.


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April 09, 2023, 05:55:40 PM
 #3

There is nothing bad about denying yourself some certain comfort to attain a level of greatness. Is good to take care of yourself; your mental health must be stable to have a  healthy lifestyle. When you plan to invest for a certain number of years, all things being equal you should stick to it.

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April 09, 2023, 06:03:57 PM
 #4

I quite understand what you are trying to convey to us through this thread, prioritizing the passage of life is the most important thing in this case, regardless of your status in this world, like someone who wants to survive, if you have any sufficient assets valuable and can save your life, why don't you try to use it today to save your life so that what you store your bitcoins can be useful in helping to sustain life. I think like that, the point is to use bitcoin as wisely as possible to make you better and stay alive.

But I feel wrong about saying that the government can kill bitcoin? in what way and how? The view that lies in me is that bitcoin will never die if electricity and the internet are still used on this earth.

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April 09, 2023, 07:06:16 PM
 #5

If someone spends their bitcoin on a life importance and purpose, that's totally at its best use. There have been people that discourages the holders because they've sold before the bull run. So what if they do that? They've done the right thing of selling it because they know that it should be and there's no other source they can get aside from owning bitcoin to keep its wealth there.
Never regret actions that you have to sell bitcoin in a very dire situation because that's how it should be and no one will change that fact and it's your money, not theirs.

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April 09, 2023, 08:01:09 PM
 #6

Definitely, health is wealth!  It is better to take care of our health while we are engaging in Bitcoin activities.  I do agree that all wealth earned will go to medical expenses if we do not take care of ourselves.  So if we wanted to fully enjoy our hard work longer, we should give attention to our health.

Not giving importance to one's health is a common mistake for everyone.  I have seen people thrifting themselves and buying unhealthy cheaper foods in order to save money and in the end spend their saved money to cure the illness caused by the accumulated lack of nutrients through years of savings.

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mendace
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April 09, 2023, 08:08:57 PM
 #7

Thanks for the thought, today we will all be more aware of what to do after your words.... lol

In reality, I decided to spend my bitcoins some time ago because I know it will be the only way to achieve mass adoption.  We have to start moving our satoshis and not think about holdare.
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April 09, 2023, 08:21:09 PM
 #8

If you have all the Bitcoin in the world and you are not healthy,it means that you are not wealthy because you can't function normal to control or enjoy your wealth. Good health means riches to me because you will be able to live a happy life. Someone who is unhealthy will not be happy.

It is said that you should use your extra money that you don't have plans for to invest in bitcoin after you must have taken care of all your necessities. Food and good health is a major necessity for us to live long and achieve our goals. See bitcoin as a side investment and not a million dollar project that you are putting all your hope on.

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April 09, 2023, 09:02:06 PM
 #9

You are right, we have to enjoy the results of our hard work, which we have obtained from work, but it is unethical to suffer just because we are forced to invest in bitcoin, while we ourselves are in a slump in many ways, including all the needs reduced, which should be enjoyed during our lifetime.

If it is urgent, of course I will also sell my Bitcoin ownership, but I don't care about the price of bitcoin later, what is important is that the pressure is fulfilled in terms of health or our daily needs for food, so I will prioritize this rather than investment.

But while I'm still healthy and there's still a job with the opportunity I'll take advantage of bitcoin as a future investment, now I'm still strong enough to work, of course I won't waste it.

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April 09, 2023, 09:17:49 PM
 #10

I don't understand why someone would keep some bitcoin and refuse to spend it, even if they needed it to pay for some urgent expenses at the time. The main goal of saving is to have something to use when a financial emergency arises in our lives.

Denying ourselves the pleasures of life, even when we desperately need them, is a betrayal of ourselves. This does not imply overspending to impress others when you do not have to. We all have to make some small sacrifices for something bigger in the future, but that should not be traded for the comfort of living a good and healthy life while it lasts.

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April 09, 2023, 09:33:52 PM
 #11

That is right --health is the most very important investment. [health is wealth]
But it does not matter you did not need to have an investment, if you earn $10 a day, there should be at least $2 for saving because you will never know what happen in the future.
Perhaps some people criticize others for selling their bitcoin before a bull run, but it is important to remember that everyone has different financial goals and circumstances. What perhaps be the best decision for one person may not be the same for another. If selling your bitcoin during a difficult time or before a potential increase in value, then so be it. It is your money, and you should feel empowered to make decisions that are in your best interest --at least in the bad time, it solved your problem.









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April 09, 2023, 09:37:13 PM
 #12

All of us does have their own wishes and goals in life which i do agree into your points that we are living on a life which is borrowed or something not ours, which it does mean that it is really just that right

that we should really be living our lives on something that we are really that contented or achieved on what we do hope for rather than on non spending on things and keep on saving up until you die.
The sole purpose on what you are doing would definitely be coming to waste or something that you wont cherish out but somehow your family or to those who had been left would be able to benefit
it out but of course it is really just that right that we should be the one who would really be spending it thats why we should really be that wise.

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April 09, 2023, 09:40:48 PM
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 #13

I have seen people taking this holding of Bitcoin too far, where they are doing all they can to accumulate Bitcoin. Like limiting their spending by all means, eating less food, and doing harder jobs, I just want you to know that we are living on borrowed time.
Every successful person had a difficult past, and they have to work really hard to ensure their success in life. But what if this is the only opportunity they have to work hard and HODL bitcoin? You have to leave other things to take advantage of other opportunities.
To hodl bitcoin, I can't advise someone to consume less food, but one must work hard to accomplish their goal.
take good care of yourselves, it is better to enjoy your labor than working all your life and leaving it behind for some people who aren't friendly to you while you are alive to enjoy your sweat.
These words should serve as a dissuasion to anyone trying their hardest to invest in bitcoin or other cryptocurrencies. They may lead them to believe that their efforts are in vain and that they will be wasting their time. The money will be divided by other people.
Bitcoin has a longer life span than our lives, we are going to leave Bitcoin behind one day
Time is not on anyone's side, as you are working hard to make sure your dream becomes a reality make sure you are also spending on yourself and make sure you stay healthy.
If you have to spend your Bitcoin to stay alive, do spend it, you will get another.
We all know that no one knows when their time will come, but it doesn't mean we shouldn't work hard or, when we do work, invest in bitcoin since it's a lengthy process.

R


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April 09, 2023, 09:48:02 PM
 #14

It's a life lesson for everyone, but I guess each one of us will have to find it the hard way.

I mean if we life a frugal life just to accumulate Bitcoin, there's nothing wrong with it. However, if there is such emergencies in our life, at least we have to take some from our stash sell and used it for that purpose.

It's just balance though, most of the time we forget it, but as we mature and age, we all know that it means, including in our bitcoin investment. So yes, spend it from time to time.

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April 09, 2023, 09:55:26 PM
 #15

The purpose of every investment is to solve problem at any given time they arrive. Holding Bitcoin while you are living a miserable life is not investment but punishment. If you can not spend to help better your life while you are alive, your relatives would help you to spend a little for your funeral and share the rest among themselves.

There's no point in saving for the future while living a pitiable life if there is means. However, spending unnecessarily all in the name of no body knows tomorrow without saving is also not ideal. Maintain the position of being moderate, spend wisely and save wisely in order to secure your future and save yourself from financial handicap.

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April 09, 2023, 10:02:20 PM
 #16

We all have this dream of becoming a Satoshi millionaire, many people have the target of making their first 1 million dollars and yes that's a good thing, this is possible with crypto and Bitcoin and I am not here to discourage you.

Every body want to be millionaire but The truth is, it's hard to be Satoshi or any rich man because they worked hard and spend life on making this while we want to be millionaire without learning, working and spending our time.  I believe on crypto and Btc but for making first Million we have to invest in K$ and then hold for long time which is itself big target for average salary person.

Quote

Time is not on anyone's side, as you are working hard to make sure your dream becomes a reality make sure you are also spending on yourself and make sure you stay healthy.

Totally agree with you, You spoke my heart. accumulating Bitcoin is very necessary to stay wealthy in next few years but if you did not spend BTC on those things you need then its  it is to put your life in torment. Life has no guarantee and we should hold only if we have extra money. In other case we should spend and wait for time to favor us and we will accumulate again when our money more than our need.

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April 09, 2023, 10:30:40 PM
 #17

While I do not endorse the notion of depriving oneself of basic necessities for the sake of investment, I believe that investing instills the principle of deferred gratification. This entails forgoing immediate gratification in order to secure a greater payoff in the future. What makes Bitcoin appealing is its predictable four-year cycle plan, which enables investors to reap profits at present and simultaneously plan for the next four-year cycle. It is important to note, however, that traders must diversify their investments to mitigate the risks and make up for losses in bear markets.

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April 09, 2023, 11:04:04 PM
 #18

Lol, having many Bitcoin and still being unhealthy is a very ridiculous act from anybody.you should make sure you are healthy don't forget  ''Good health is better than riches" how would it sound if you make all the money in this life and die before even having a taste of it???  Yea that sounds very stupid of a person.

"Health comes first", and with that even if you have all the money in the world, and if you become sick because of your lifestyle, not even BTC can save you. I think what the OP is trying to point out is that it's good to save and have bitcoin and make profits out of it, but we all should understand priorities in life. That there is more important things that we need to take care of like our health, or help someone in our families financially if they are suffering from health issues.

If you have to spend your Bitcoin to stay alive, do spend it, you will get another.

Yeah, still doing since since day 1, used my bitcoin on whichever way I want, pay my bills, from credit card to internet. Exchange it to cash most of the time if I needed to buy some stuff. And then obviously, I used my crypto to gamble.

If you have to spend your Bitcoin to save a life, do it, this is not the end.

I think I have mentioned it before here, my sister was hospitalized 2 years ago and diagnosed with cancer. She died last year peacefully, and thanks to Bitcoin, I have converted some of my stash, to help her pay the hospital bills and then funeral.

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April 09, 2023, 11:33:07 PM
 #19

I tend to agree with the OP.
I've been years joining signature campaigns but to be honest, I didn't have Bitcoin in my wallet, I spend most of the time when I needed it.

Don't hesitate to invest when it comes to your health.
But don't feed too much yourself it should balance between enjoying the present and preparing for the future.  By practicing self-control and wise spending habits, you can ensure that you aren't sacrificing your current quality of life while still investing in your future financial stability.  Being financially prepared can also provide a sense of security and peace of mind, knowing that you have a safety net to fall back on in case of unexpected events in the future.  So IMO, it's important to find a healthy balance between spending and saving to secure a stable financial future for yourself.

All I can say is spend wisely your Bitcoin.
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April 10, 2023, 01:35:21 AM
 #20

Totally agree with you, You spoke my heart. accumulating Bitcoin is very necessary to stay wealthy in next few years but if you did not spend BTC on those things you need then its  it is to put your life in torment. Life has no guarantee and we should hold only if we have extra money. In other case we should spend and wait for time to favor us and we will accumulate again when our money more than our need.
There are several ways to manage it, and because of that we can hear discipline's knowledge about Asset Management, If you don't know how to manage it, you will spend your bitcoin and exchange it with fiat. ~ asset management is a methodology for efficiently and fairly allocating resources among valid and competing goals and objectives ~ (Danylo dan Lamer, 1999). So, bitcoin is the future, we are necessary sure bitcoin make stay wealthy in the future, but if it's urgent and forced to sell it (if have asset management) we can't force to sell it all.

https://www.fhwa.dot.gov/asset/dataintegration/if08018/amdc_03.cfm
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