Why you should use spare money to invest

[Jchris50]

It's better to invest on a trade or a business which you know not more about with a spare money because you never cant tell what the outcome of the investment might turn out to be, if it falls or not...

I was introduced to a platform, an investment platform never new it was a scam even being advise by person, well I tried it by investing and I lost my money, hoping to get something. Well I interested a spare money doe. But I regretted it..

To that have heard about Bitcoin I think, and I most say is great and reliable

[1715483540]

1715483540

[1715483540]

1715483540

[rhodelmabanal]

We should used a spare money on investing simply because we don't know what will be the out come of our investment, and it takes year to withdraw if there is profit on it, so if we use the money that is needed fro daily expenses there is a possibility that our investment plan will be cut off shortly instead of limiting our investment in 4 to 5 years we cut it into two years because we are in need, so i believe that it is an advantage that we use spare money than the needed money.

[ndutndut]

The best thing when we want to be successful in investing is to use money that we can think of as lost, don't use money that will be used for needs, sell assets or go into debt, this will make us regret because the market is often unpredictable so bad things can happen. If we rely on crypto investment for the main income of course it will make us depressed.

If traveling is a burden then running is not an option. If traveling is pleasure then treading is enough to be an option. I mean We have to be able to take a prudent approach in our finances, if indeed using money that we think we lost or we can let go if bad things happen. This helps reduce stress and anxiety levels associated with investing. that's why we need reserve money for investments whose nature there is no definite certainty when it goes up and when it goes down there is no guarantee that we will get the expected profit in the near future. If things don't go according to plan, we will have financial difficulties later.

What you have to remember is, the future is full of surprising things, especially in the field of business finance and economics, so everything returns to each other's personal and individual risks. Everyone has different views, different thoughts and different goals. Just do what is best for ourselves according to our thoughts and goals. What is certain is that INVESTMENT IS A MUST, But it must be with spare money.

[Wong Gendheng]

Spare money when investment is important, never put money in one type of investment because it will make us regret when the investment loses even a scam, as investors we must always have financial security so that whatever happens we are not easily panicked.

[Fakhrulenclix]

Spare money when investment is important, never put money in one type of investment because it will make us regret when the investment loses even a scam, as investors we must always have financial security so that whatever happens we are not easily panicked.

That's why it's said don't risk everything in investing because of the big risks and also the future possibilities that we still can't know.
I really agree that when investing, you have to use reserve money that doesn't interfere with your life's needs, long waiting times and also when market prices decline, the possibility of panic is very small and that's something to avoid losses.
invest in anything, it is very important.

[khiholangkang]

We should used a spare money on investing simply because we don't know what will be the out come of our investment, and it takes year to withdraw if there is profit on it, so if we use the money that is needed fro daily expenses there is a possibility that our investment plan will be cut off shortly instead of limiting our investment in 4 to 5 years we cut it into two years because we are in need, so i believe that it is an advantage that we use spare money than the needed money.

I really do not recommend using a backup money for investment, because it is quite dangerous, I think it's better we use the money that is intended to invest, basically a backup money is a fund for urgent or bad needs that might occur in our lives, and That's where the use of backup money, while if you put it in an investment, you might if you find a bad situation you will get a big problem, plus if your investment is not found, it will be far more dangerous because you will sell with a state of loss at the time That.
Reserve funds and investment funds must be separate for your financial health.

Spare money when investment is important, never put money in one type of investment because it will make us regret when the investment loses even a scam, as investors we must always have financial security so that whatever happens we are not easily panicked.

In other words, investment is the second step, you have earned income, with the term diversification you can get some of the income from income from the main work, and the reserve money needs to be prepared to anticipate the problem or to maintain if you get a problem.

[Aanuoluwatofunmi]

We should used a spare money on investing simply because we don't know what will be the out come of our investment, and it takes year to withdraw if there is profit on it, so if we use the money that is needed fro daily expenses there is a possibility that our investment plan will be cut off shortly instead of limiting our investment in 4 to 5 years we cut it into two years because we are in need, so i believe that it is an advantage that we use spare money than the needed money.

We should also use our spare money to invest because it's makes it look more appropriate for our readiness for a start on what we are interested to invest and also help us value, monitor and appreciate what we have invested on, the worst decision is to borrow money and invest with it, if we didn't have spare money then we should go and work to earn money, there are many means we can go through getting a financial income to create a start up.

[nesty]

Investing excess or spare money is a good idea because investing could allow us to earn a higher return rather than keeping the money in a savings account. Investing can help us to diversify our portfolio and with that we can manage the risk. By investing in a variety of different assets we can spread the risk and it will reduce the impact of any individual investment who does not perform well. Investing can help you achieve long term financial goals such as retirement or purchasing house and lot. By investing over time we can build an amount of wealth that can be used to fund these goals.

[Lamkuthang]

One thing or event that we forget to note will confuse the direction of decision making. meaning we forget where the loss lies. The pattern of work is almost the same in terms of trading. If we are not careful and immediately trade in again and again out, it will automatically deduct the estimated value from the maker's point of view even though the value varies on one platform. Just as the saying goes if you remember you will survive. it may sound simple but it is a surefire way to put it into practice, just like financial record keeping.

[S A KHAIR]

Investing excess or spare money is a good idea because investing could allow us to earn a higher return rather than keeping the money in a savings account. Investing can help us to diversify our portfolio and with that we can manage the risk. By investing in a variety of different assets we can spread the risk and it will reduce the impact of any individual investment who does not perform well. Investing can help you achieve long term financial goals such as retirement or purchasing house and lot. By investing over time we can build an amount of wealth that can be used to fund these goals.

The benefits of investing are many, and it can be said that investing is the fastest way for us to get rich. But besides the benefits, investing also comes with a lot of risks, which can make us lose if we invest in the wrong way. Investing is not easy, as many people say, and that's why everyone invests, but not too many are successful.

[mvdheuvel1983]

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

There's spare money that is small money and there are big monies that are also spare money. What if I have have small money that is not spare money since the risk is low I can still go ahead to invest in Bitcoin. Because it is small money and it is something I can afford to lose despite it not being spare money. If I have big money that is spare money but I cannot afford to lose all at once. The best way will be for me to divide the money into smaller sums/amounts and invest in Bitcoin a given time of my choice.

[Jody.Drummer]

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.

Using small money is great to learn the basic and to get the grasp on trading about the strategy and what to do/not and as the time progresses, you can definitely increase your investment capital by a little until you are confident with the knowledge you have. But still make sure to use the money you can afford to lose and not with your main savings, greediness is evil and you can definitely get trapped by that if you are careless with your savings and management.

Make sure we don't immediately look at the benefits we will get, because that will make us psychologically disturbed and it is not very good in the process of learning everything in trading or investing. I also agree with that, we can use as little money as possible to study, not because we can't afford to spend a lot of money, but that's to reduce the risk when learning. Small money can help us not only in the process of understanding trading, but it can also help us to be more self-controlled and manage our finances well. Logically, when we think about using small money first, indirectly we have done good management of trading.

[romero121]

Spare money is always good be be on the safer side. In all aspects it is the education and the continuous learning that makes the spare money a good investment. Diversified investment used to be the best, at the beginning it is good to go with some sort of less risk asset. When it comes to cryptomarket, the preferred ones will be bitcoin and ethereum.

People must be more of acquiring knowledge, but the reality is different. People just have a thought of becoming rich in short term and just go for investment without learning or exploring much about the market. Some get to be lucky whereas the majority end up with disappointment.

[stomachgrowls]

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.

Using small money is great to learn the basic and to get the grasp on trading about the strategy and what to do/not and as the time progresses, you can definitely increase your investment capital by a little until you are confident with the knowledge you have. But still make sure to use the money you can afford to lose and not with your main savings, greediness is evil and you can definitely get trapped by that if you are careless with your savings and management.

Make sure we don't immediately look at the benefits we will get, because that will make us psychologically disturbed and it is not very good in the process of learning everything in trading or investing. I also agree with that, we can use as little money as possible to study, not because we can't afford to spend a lot of money, but that's to reduce the risk when learning. Small money can help us not only in the process of understanding trading, but it can also help us to be more self-controlled and manage our finances well. Logically, when we think about using small money first, indirectly we have done good management of trading.

On the time that you would really be thinking out too advance or you are already seeing on whats the future then it would really be creating that kind of expectation which it would really be resulting that desperation

which it is something that we should really be avoiding it out on the first place because having that desperation would really be resulting into those mistakes which is something that you would really be needing to remove out. Spare money? Its always been that suggestable on doing so because losing it up wont really be that hurtful unlike if you do make use of your savings or emergency funds because if you do really make use of that and on the time that you would be losing those amounts then recovery would really be that hard.

This is why only spent up the money which you can afford to lose whether on gambling or investment, because once you do lost up these amounts then it wont really be that much affecting your finances.
You have already sorted out those possible problems on using your life savings which it is really just that good for such purpose and dont make use of it on other means.

[blockman]

I agree with you. I never invest all my spare money. There should be a sum I put aside. Life is too unpredictable, and I want to be ready for different scenarios.

Well, that's why there's always the quote that we used to hear that only invest what you can afford to lose and that's the same as gambling.

Speaking about becoming rich in short term, I also noticed this tendency. And when these people finally gain new knowledge and skills, they understand that they won't become rich tomorrow.

And that's a real thing, there's a natural process for everything and it's hard to cope up with the reality when you're still far from even starting. Those that do understands the sad reality but are persevering their goals, they'll be the ones that someday will also be seen at the top and earn from their investments.

[axxo]

Investing spare money can help grow your wealth over time. By investing your money into assets that have the potential to increase in value, like stocks, real estate or even crypto currencies. You can earn a return on your investment that can outpace inflation and help you reach your financial goals faster. Investing can provide a source of passive income. Many investments can generate regular income without requiring ongoing work from you. Investing can help also in diversifying your portfolio and reduce the risk. By spreading your money in different investments you can reduce the impact of any investment on your overall portfolio. Investing can also provide financial security and peace of mine.

[ChiBitCTy]

What I recommend to all my clients is that you run a month budget at least every year.  This is where you plug in all your monthly expenses (rent/mortgage/cell phone payments/tv payments/child care etc etc) and subtract that from you take home pay.  When you do a very in-depth budget, this will give you exactly how much extra money you have to sock away in to investments.

Here's a really great budget calculator that you can us-  https://www.empower.com/learning_center/calculators/managing-monthly-budget.shtml#/

[bluebit25]

Experience everything and grow with it, even failure always feels like a valuable lesson. There are different views on how to invest, but honestly I have always felt that it is not necessary, we know what we know, we will understand it within that limit, but also the fact that many investors If they invest only for their own benefit, it doesn't matter because when they are old enough, they will look back on that practice and make beneficial investments for others. More or less, it takes a start and persistence with what you have believed in.

[Sayeds56]

I am not anyone's financial adviser so right now I am speaking for myself, yes investment is risky and this character is not only seen in Bitcoin and crypto-currency even off crypto investment are risky.

But with the time I have been able to be active in Bitcoin I can say the risk in Bitcoin is lesser than many other investment opportunities in the long run.

The world is going tech and Bitcoin is the leading digital asset in the world right now and the want for Bitcoin would always increase, I would say invest according to your capital when in investing in Bitcoin rather than saying what you can afford to lose. If you are a long term investor and you only invest in Bitcoin I still don't see how you can lose.

While it is true that most of us are not financial advisers, but what we have learned about investment through our experience with crypto space, suggests that all type of investments carry some level of risk while Bitcoin is comparatively more risky as is extremely volatile. Surprisingly though, it remains subject of extensive discussions across various platforms of social media, that reflects notable interest among investors. Consequently, it is considered best asset for long term investment having potential to reward its investors with significant returns.

[Fredomago]

I agree with you. I never invest all my spare money. There should be a sum I put aside. Life is too unpredictable, and I want to be ready for different scenarios.

Well, that's why there's always the quote that we used to hear that only invest what you can afford to lose and that's the same as gambling.

We commonly see this quote, something that will remind us about the money that we will going to stake when we start our journey towards investment, it's risk that we need to understand and we need to be ready when we decide to take our participation.

Speaking about becoming rich in short term, I also noticed this tendency. And when these people finally gain new knowledge and skills, they understand that they won't become rich tomorrow.

And that's a real thing, there's a natural process for everything and it's hard to cope up with the reality when you're still far from even starting. Those that do understands the sad reality but are persevering their goals, they'll be the ones that someday will also be seen at the top and earn from their investments.

Correct. It's not an easy journey, but your willingness to seek or find the right ways to achieve goals. That is something that you can enjoy when you successfully travel the right path from your investment. When you already producing growth and making good numbers of winning results.