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Author Topic: Look for what to invest, not what to eat  (Read 1618 times)
terencio
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July 15, 2023, 04:29:07 PM
 #281

I agree with you that investing in BTC is a wise decision for the future. I think some people are too short-sighted and desperate to see the long-term benefits of holding their accounts and coins. I admire those who started from humble beginnings and worked hard to achieve success in this platform.

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July 16, 2023, 08:32:51 AM
 #282

Investment is good, I right time and good investment can totally change our life but we cannot ignore our health as well. Everyone knows that heath is wealth. Without good heath achievement become useless. We should think about our health first before talking about investment and achievements. Health is the biggest wealth for a human being in his/her entire lifetime. One can survive without excess money but can't survive without good health. We can cure it when needed with the help of money.
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July 16, 2023, 01:11:34 PM
 #283

Bitcoin is an investment asset that has been proven to be able to answer many people's doubts.

Basic needs are indeed the main choice for anyone, but not all of us are in the same category of people regarding financial capabilities.
It's not wrong to take the opportunity to set aside whatever remaining money to put in the Bitcoin investment basket but don't expect returns in a short time.
If you compare bitcoin to other assets, bitcoin is still very young, and its past price increases do not suggest that it will remain so in the future. That's why bitcoin is still considered a riskier asset than other assets, history can't prove and guarantee anything for the future.
In terms of risk, I admit that Bitcoin is a riskier asset compared to other assets. During its journey from when it first appeared until now, Bitcoin has been able to answer all the doubts of many people. It is in this context that I see Bitcoin as the best investment asset compared to other assets.

There is nothing wrong with using excess money to invest in bitcoin, but it should be considered carefully once we have met our personal needs and already have some savings. An investment can't be more important than savings because no investment can guarantee a 100% return, even if it's bitcoin.
I think we really understand what is the first thing that should be prioritized in this life.
Investing is just another instrument to remember the future.
Crypto investment, Bitcoin is the solution. Investments outside of crypto can be gold, land and other assets.

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July 16, 2023, 03:32:22 PM
 #284

Bitcoin is an investment asset that has been proven to be able to answer many people's doubts.

Basic needs are indeed the main choice for anyone, but not all of us are in the same category of people regarding financial capabilities.
It's not wrong to take the opportunity to set aside whatever remaining money to put in the Bitcoin investment basket but don't expect returns in a short time.
If you compare bitcoin to other assets, bitcoin is still very young, and its past price increases do not suggest that it will remain so in the future. That's why bitcoin is still considered a riskier asset than other assets, history can't prove and guarantee anything for the future.
In terms of risk, I admit that Bitcoin is a riskier asset compared to other assets. During its journey from when it first appeared until now, Bitcoin has been able to answer all the doubts of many people. It is in this context that I see Bitcoin as the best investment asset compared to other assets.

How would you determine bitcoin as the best asset? For me, bitcoin is just the most profitable investment, but high returns always come with high risks. We are all investing in bitcoin simply because we want high returns and want to get rich quickly, so we are willing to take risks to achieve our goals. So it would be a bit biased to say that bitcoin is the best investment asset while it has the highest risk.

There is nothing wrong with using excess money to invest in bitcoin, but it should be considered carefully once we have met our personal needs and already have some savings. An investment can't be more important than savings because no investment can guarantee a 100% return, even if it's bitcoin.
I think we really understand what is the first thing that should be prioritized in this life.
Investing is just another instrument to remember the future.
Crypto investment, Bitcoin is the solution. Investments outside of crypto can be gold, land and other assets.

Bitcoin is an investment solution for many who do not have too much capital to invest in other things but always want to become rich with that capital, myself included. I believe that if someone who has a lot of money and has become rich won't prioritize investing in bitcoin like we do, they won't put all their wealth into bitcoin like we do.

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siniminomorocomunisakito
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July 16, 2023, 03:46:34 PM
 #285

There is a need for both investment and consumption so after meeting the basic needs it is better to invest a little for your future. It is true that there are risks involved in investing but choosing the right currency to invest in is less risky. There is nothing to eat here, if you invest less, it will gradually increase. You may get your salary at the end of the month and from this money you spend money in various sectors to run your daily life. If you set aside some portion of your salary, this is your savings. Rather than investing in cash, investing in currencies like bitcoin and holding them will yield better results.

I think what @Uruhara said is not wrong with leaving and placing a few percent of our main income for investment, especially in BTC, I totally agree. But maybe in the context of all the basic needs a person has been fulfilled monthly. However, if you have a low salary, for example as you mentioned, don't increase your debt to invest, especially in Crpto. I think, It's wise that you can live it and don't speculate too high if it's not yet the time. there is always an opportunity if investing especially in the crypto space now.

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July 17, 2023, 08:29:46 AM
 #286


Eating versus investing is a very interesting and thought provoking topic.In our world, there exists a large population that toils day and night merely to feed enough food to their families. For them the concept of investment seems like an unattainable luxury. It is true that life survival is the foremost priority for all living creatures including humans. However, as human being, we should make conscious efforts to make savings out of whatever we earn, and invest it wisely to foster a hope for prosperous future for our families.
When you are hungry, you will not be able to think of anything else, and money and investments will be secondary. But there are also those who make good money but at the same time spend a lot on food and don't worry about saving and thinking about some kind of investment. All people are different, there are those for whom this is not at all important and such people live a moderate life, there is nothing wrong with that, everyone cannot be investors, especially not everyone will be a successful investor.
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July 17, 2023, 08:39:57 AM
 #287

There is a lot of difference between a normal person and an intelligent person. A common man's thoughts are always common they are earning now and how they are going to live now but smart people think about the present as well as how their situation may be in the future and act accordingly. That is, an intelligent person plans from his present, how he will deal with bad times in the future, or what to do to ensure a good position of the family in the future, in addition to doing well with his family at present. Intelligent people place a lot of importance on saving and investing. They consider savings as a companion of danger and investment as one of the means of future income. But a common man is indifferent in this respect. At least right now I should focus on investing rather than focusing on how well I play or how well I must eat.

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July 17, 2023, 09:27:45 AM
 #288

An empty stomach is not something you want to mess with, I will only advise you to put yourself in the shoes of those that are hungry, you will understand after then, it's easier to point finger when you are not in the same certain position.

If you have nothing, the first thing to be fed before anything else is your stomach, that's when you will have time to put your brain at work, reason and think deeply, an empty stomach can't pull this stunt, it won't work.

It's like getting your hands on 1,000$ for the first time in your life and you decide to go and use that to buy land, when hunger sets on you, no one will teach you to sell that land and use that 1000$ to establish something that brings in money first before anything else.

You have to get to a certain place or level in life before you start looking at what to invest your money on, can you feed yourself very well around the clock? Can you take yourself to the hospital when you are sick? And pay your hospital bill? All these are important first and when money keeps flowing in then you can start thinking of buying assets and lands.

It's a shame that many people are still unwise in this today's cruel and harsh world that we are living in, many want to invest and fo things but they are doing it wrong.

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July 17, 2023, 10:42:20 AM
 #289


Eating versus investing is a very interesting and thought provoking topic.In our world, there exists a large population that toils day and night merely to feed enough food to their families. For them the concept of investment seems like an unattainable luxury. It is true that life survival is the foremost priority for all living creatures including humans. However, as human being, we should make conscious efforts to make savings out of whatever we earn, and invest it wisely to foster a hope for prosperous future for our families.
When you are hungry, you will not be able to think of anything else, and money and investments will be secondary. But there are also those who make good money but at the same time spend a lot on food and don't worry about saving and thinking about some kind of investment. All people are different, there are those for whom this is not at all important and such people live a moderate life, there is nothing wrong with that, everyone cannot be investors, especially not everyone will be a successful investor.

That is why others tend to invest when they are comfortable, like when they are not budgeting their money on food, because that is really the reason why you are earning money to have food on the table. If they have spare money, that is where they start investing. You are right, not everyone is successful in investment, but that doesn't mean that you will stop there now. Again, again you will need to fail multiple times before you'll be successful. Just don't surrender and continue to take calculated risks.
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