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Author Topic: Why you should use spare money to invest  (Read 1812 times)
Lorence.xD
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May 22, 2023, 01:38:40 PM
 #121

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Is better to use small money or learn risk management first before investing especially newbies.

When it comes to investments, including Bitcoin, it is crucial to exercise caution and make informed decisions. Investing small amounts of money or learning about risk management are indeed wise approaches, especially for beginners. By starting with smaller investments, you can gain experience and learn about the market dynamics without risking significant amounts of capital.

Exactly, even a small amount of losses of money in investment is not good especially to people who really doesn't afford to lose money despite the fact it's "spare" cause we all know people doesn't like the feeling of losing something they own.

Investing in a volatile system of course has their risk so you should always make it count the times you invest cuz for sure even you have the knowledge you've studied in investment still you'll lose some funds. Learn from it and build up your mental and decision making which is really need in this industry.

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May 22, 2023, 01:56:23 PM
 #122

There are things that make us always have to be vigilant when saving money in one place, economic conditions are increasingly difficult and make us always have to be smart in placing money, don't put in one type of investment because if there is a problem then we will cry, cryptocurrencies are a good thing and we deserve to make alternative income.

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May 22, 2023, 02:00:30 PM
 #123

Undoubtedly, it is better to use extra money in investments.  By extra money we mean money that we don't really need in our life. That is, if for some reason those moneys are lost from our life, then the money that does not affect our life is called excess money. 

Investments involve financial risk. And we have to invest with the acceptance that our money is at risk. If for some reason there is a lot of volatility in the market and a large amount of money is lost from our invested money, then it is basically said to invest with extra money so that the lost money does not have any bad effect on our life.

I guess everyone needs their money in their life, only for those who really very rich don't need their money. Rather than saying we don't need that money so we can invest in something I guess we can use a little percent of our income to invest since lots of people don't have a big income out there. And make sure that a few percent of our income is money that we can afford to lose but that doesn't mean we don't need it since we should be grateful for that money and use it very carefully by learning the investment or researching the project.


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May 22, 2023, 02:55:20 PM
 #124

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Is better to use small money or learn risk management first before investing especially newbies.

Therefore, there has always been no investment without risk, but everything has risk and it never goes away. So what is needed in investment is a wise choice that we allocate money if it grows.

       That's why it's always important to do your own research first before entering into an investment decision, and what you say is also correct that risk management should also be prepared so that we know what to do in the end.



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May 22, 2023, 03:06:12 PM
 #125

Anyone can have financial freedom, you just need a positive mindset and the right information and a good investment management plan, the reason most investors suffer unnecessary losses is because they don't start with good investment management. In my investing experience, I see that when I study and keep updating the latest news it can avoid losing my investment, my return on investment becomes bigger and more stable and I stop losing my investment capital. That's what good management can do.

Proper management certainly will not make people who make investments lose their assets and this will not happen again and again when they are able to manage as well as possible, maybe one of the reasons they are from that part and lack of knowledge about investment, we By realizing and anticipating this, I think the loss rate will decrease.

To be honest, many people use small money to invest, and the first step that should be used is to do research when they want to enter the market, and here maybe you will choose small money or large capital.

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May 22, 2023, 03:57:46 PM
 #126

Potential for Growth,Building Wealth,Beating Inflation,Diversification,Retirement Planning,Funding Goals and Dreams.
that why we should spare our money to invest.

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May 22, 2023, 04:59:43 PM
 #127

Not really, it's not even recommended to use reserve money while you don't have a stable income.

Back to before I got involved in the crypto space, I thought the term "investment" was something that only high-income people could talk about and do. Although in the end I can't deny that the presence of bitcoin really allows anyone to invest even on a small scale and indirectly removes the opportunity limits of people from various economic strata, it still can't change the fact that investing will carry risks that most can be handled when you have at least a secure financial condition.

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indah rezqi
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May 22, 2023, 06:24:36 PM
 #128

>snip
To be honest, many people use small money to invest, and the first step that should be used is to do research when they want to enter the market, and here maybe you will choose small money or large capital.
The size of the investment budget is not the main problem in investing, even if management and planning are done carefully, even a small budget can become big. Utilization of time and the right strategy will encourage investors to successfully develop the potential profits they can get from price volatility. That is, the budget is mandatory but the potential profit only depends on how you manage the budget.

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summonerrk
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May 22, 2023, 06:26:38 PM
 #129

There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Is better to use small money or learn risk management first before investing especially newbies.

I keep a record of all the embezzlement in the family, and this allows me to understand how much free funds I will have in the future. This is the money I can invest, because my family will not suffer if I lose this money. We'll still buy our own food, pay for the apartment and the mortgage. And whenever I invest this free money in trading or risky cryptocurrencies, I mentally say goodbye to them. These are the basics of financial literacy.
It is a pity that it is not taught in schools, preferring a lot of useless subjects.

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May 22, 2023, 06:35:59 PM
 #130

To be honest, many people use small money to invest, and the first step that should be used is to do research when they want to enter the market, and here maybe you will choose small money or large capital.
Even if you use small funds to invest or trade coins, you have also done market research but who can guarantee that market research from your analysis will be correct, there is no proper research in the market so they buy prices lower than the current price in anticipation of high losses , so make sure you manage your finances well and only invest funds that have been prepared for long-term investment even though the allocation of investment funds is low.


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bbigtart
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May 22, 2023, 06:36:17 PM
 #131

Potential for Growth,Building Wealth,Beating Inflation,Diversification,Retirement Planning,Funding Goals and Dreams.
that why we should spare our money to invest.
Yes that's right. So if we talk about investment, of course, our income must be greater than expenses, meaning that there are indeed more funds that can be invested. the key is not to use mediocre money to invest, especially with debt because if we are already using debt, it means that it is not an investment, actually the aspect is more speculative, the first short term is too risky.

if you want to invest, we have to talk about financial conditions that must be healthy first, of course, income must be greater, indeed, there are already emergency funds set aside. then also other things that are already available in advance including protection. The rest we can make spare money. The meaning of reserve money is settling money that is owned in the long term, this money is not used for living needs for at least the next five years. The suggestion is, create a scenario where you get a salary at the beginning of each month, you are used to setting aside funds for savings every month, you place the remaining funds at the end of the month in an investment instrument because you think these funds will not be used, that is reserve money.

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May 22, 2023, 07:28:59 PM
 #132

what I am doing now is gradually buying land for old age investment because land investment will not lose and grow rapidly. it all depends on the investment finance management that we need to be able to produce, I always use crypto investment income for various budget needs. the older we get, we have to be wise in managing money to avoid what we don't want before it's too late

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May 22, 2023, 07:45:23 PM
 #133

what I am doing now is gradually buying land for old age investment because land investment will not lose and grow rapidly. it all depends on the investment finance management that we need to be able to produce, I always use crypto investment income for various budget needs. the older we get, we have to be wise in managing money to avoid what we don't want before it's too late
There are many field we can invest our money that would yield some profits if we are ready to take the risk which is something that many people are not always ready to take because of the risk that could be involve. It is good for us to use our money to do some certain things just for us to have a better future for the generations that are yet to come so things might continue in the way it as used to be.

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May 22, 2023, 07:59:33 PM
 #134

The primary reason for investing the spare money into different investments is to lower the risk as well as doesn't affect of daily life.

When the spare money is used it is possible to increase the number of income streams. When we spend from our daily need we will be in a situation to sacrifice something.

Some people used to invest borrowing and it used to land them into debts. The market doesn't move as we wish, and when it doesn't favour the loss will be big. Here the debt once again gets doubled. Maybe few gets lucky in such kind of investment.

Whenever we prefer investment, the focus should be long term as well as on gradually growing assets and not the one that bounce and gets dragged.

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May 23, 2023, 06:43:29 AM
 #135

And unlike other business bitcoin also makes sales and losses if you do not investment wisely...
Wrong mate on that part because in bitcoin you only need to trust the system that mostly taken years to recover as we have seen many times before.
though the idea is not need to be wise but to be trusting and of course risking , as we knew it will come in time mate.
I support your belief and knows that there are more bigger to come .
some hates to wait and that is the reason why many of them becomes loser in bitcoin.

Is better to use small money or learn risk management first before investing especially newbies.
when you are newbie there is no reason why we need to be invest high amount mate because you will surely become another discouraged user.
The primary reason for investing the spare money into different investments is to lower the risk as well as doesn't affect of daily life.


Indeed , Diversification is the best reason why we need to be safer because we cannot just trust a basket to be filled with all our eggs .









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May 23, 2023, 06:49:39 AM
 #136

Investing spare money is a smart financial decision that can help us grow our wealth over time. While it may be tempting to spend the extra cash on non essential things, investing can provide long term benefits outweigh short term gains. By investing we can potentially earn higher returns than we would with a savings account. Investing can help us also diversify our investments and we can learn how to manage risk, as diversifying our investments to different assets it can help us to avoid losses. Investing can help achieve our financial goals, whether thats saving for retirement, buying a home or starting a business. Investing regularly even in small amount we can benefit from the compounding effect of returns over time. Investing spare money is a wise choice that can help us build wealth and achieve our financial goals.

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May 23, 2023, 07:43:20 AM
 #137

because it affects our emotions when making decisions. for example, we use the main money in investing, we definitely use the money for purposes as usual, but when we use it for investment we must immediately withdraw it even before making a decision to buy we have planned how our investment can get a lot of profit in a short time actually what happened was the opposite.

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May 23, 2023, 08:45:13 AM
 #138

if using borrowed money or money for daily needs it will interfere with us in making investment decisions because our emotions are peaking at that time making us unable to think calmly about how we can take advantage of the emotional state at that time we need the money for daily life. prioritize using it for more important things, investing is a leisure job you can't rush it to get a lot of money.

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May 23, 2023, 08:55:08 AM
 #139

Not really, it's not even recommended to use reserve money while you don't have a stable income.

Back to before I got involved in the crypto space, I thought the term "investment" was something that only high-income people could talk about and do. Although in the end I can't deny that the presence of bitcoin really allows anyone to invest even on a small scale and indirectly removes the opportunity limits of people from various economic strata, it still can't change the fact that investing will carry risks that most can be handled when you have at least a secure financial condition.

You have made a perfect point, and almost no one cares and ignores it, having savings and idle money is not safe enough for us to invest. Let's say that we will invest with that idle money, and unfortunately, our investment fails. What will happen to our lives if we have no other source of income to make up for that loss? This is quite a serious situation because we have a lot of savings, but if we don't have a source of income and spend it, it will deplete quickly. Therefore, we should only invest when we have idle money, savings, and, most importantly, a stable source of income.

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May 23, 2023, 12:00:37 PM
 #140

if using borrowed money or money for daily needs it will interfere with us in making investment decisions because our emotions are peaking at that time making us unable to think calmly about how we can take advantage of the emotional state at that time we need the money for daily life. prioritize using it for more important things, investing is a leisure job you can't rush it to get a lot of money.
Well, that's the important point of all of this. The point of investing is not to make money quickly. But that is a kind of planting a tree that needs to be watered in order to grow and it takes a long time for the tree to bear fruit and bring us profit.

And it's not an investment if you expect quick profits. Maybe day trading is the one who can do that, namely get profits in a fast time. but still all of them can't use hot money. especially money for daily needs. because well as you said that it will affect our mind and psychological calm. so that any decisions taken may be ineffective because psychologically we are also not in good shape when using the money that should be for our daily needs. Then only use cold money for trading. and only use the money that we specifically set aside (leftovers) to invest.

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