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Author Topic: Why you should use spare money to invest  (Read 1812 times)
Dr.Bitcoin_Strange
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June 25, 2023, 09:19:10 PM
 #281

cryptocurrencies are very promising investments but have a high risk so we have to share it with other types of investment such as stocks, property or others.

I know maybe there are still a few Altcoins that someone can buy for just a short-term profit, but I know Bitcoin is still the only cryptocurrency that one can safely invest in and have better risk management. You know how volatile altcoins can be pump today, Dump the next day and for someone who is not even familiar with crypto, it can be a great problem because when you are still relying on a token to trend high, you don't know if the token might not even be valued again. If you are thinking of investing in crypto, then Bitcoin should be the first coin you add to your portfolio. We can consider Ethereum 😬, but mahn... you don't know the future of these altcoins since they're centralized.

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June 25, 2023, 09:37:50 PM
 #282

The best strategy to make us sleep and eat in peace is to divide the money into many types of investment, when bitcoin is trending, many people are too excited so they put all their money in bitcoin, and what happens is the market is red so they regret the situation, by dividing money to many places so we can avoid losses and even get scammed.

Dividing money into several parts as you suggest is good and also good for everyone who wants to invest in their life. But when it comes to crypto investments, I don't think there is the best cryptocurrency other than Bitcoin because Bitcoin can still have a significant impact on all altcoins on the market. Well, if someone has bought Bitcoins and he feels regret when he sees the red market with the price drop that happened to Bitcoins, that means he is not a true Bitcoin lover and not a suitable person to invest in any cryptocurrency.

Because so far I have never regretted owning Bitcoin and have always been patient to expect the best price on Bitcoin. So if someone is impatient and feels sorry for only seeing a red market for a while, that means he is not a suitable investor for the crypto space and is only suitable for sleeping and eating at home without thinking anything.

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June 25, 2023, 10:32:21 PM
 #283

One major reason that we should use spare money to invest is that we can be able to wait for our investment to mature and get huge profit from it.  If we use money that is not spare, we might end up needing the money for its purpose and ends up selling our investment prematurely.  It is ok if the market is surging but it would be devastating if the market is crashing since we cannot get our full investment if the market is plummeting when we sell our investment.

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June 25, 2023, 10:39:54 PM
 #284

One major reason that we should use spare money to invest is that we can be able to wait for our investment to mature and get huge profit from it.  If we use money that is not spare, we might end up needing the money for its purpose and ends up selling our investment prematurely.  It is ok if the market is surging but it would be devastating if the market is crashing since we cannot get our full investment if the market is plummeting when we sell our investment.
Investing involves serious commitments, and to really get the benefits from investing, an investor needs to be patient with the investment he makes. I'm because it is morning that patiences can only come when he invest an amount of money that he can afford to be without for a very long time, and money that has not been planned for any other purpose present or in the future.

It is not good also to fix a use for the money you have invested, because fixing a use and hoping to use the profits for something already planned can make you impatient and not take full profits from your investment. From the very first profit you make, you will already be considering to take profit.

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June 25, 2023, 11:05:07 PM
 #285

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.
Because investing is long-term, and during the period of time we are waiting for the investment to grow and benefit us before we take that benefit, many things can happen to us so that when investing not with spare money then when something urgent happens it is very possible for us to sell the investment, and the worse things selling when there is no growth or even when there is a loss, so actually investing is not an easy thing, it requires careful planning and good calculations, but investing is highly recommended because it is a way to make us have assets that increase in value.

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June 27, 2023, 07:39:34 PM
 #286

When you dare to take risks, the book must be ready and do not regret what you have done. Of course, investing with money that is not used for necessities will make us very calm even if we are in a bloody market, for example.
As for putting our money in some basket or bin, I agree on that. However, we must be able to see the opportunities that exist, in another sense, we must have many profit holes in the things we do. I don't see it as something to be greedy, as long as we know what we're doing and don't just rely on luck or follow other people.

That's the good and exactly right. Taking the big risk if you are done doing your deep research will drive you to take that pattern. If the chance is high so why bother not to take it right? It's on your take and on how you drive your investment, but moving to how the topic was being written, it's something that will allow us not to fear with our investment as we are using spare amount that can be forgotten, might be possible to wait for longer time and also that willingness to let it go if a mistake has been done.
The point in this case depends on how we determine momentum because indeed this can be profitable, it's just that of course momentum also won't be obtained if we only follow advice from other people, especially what often happens is when following several influencers which makes this even more complicated.
It's not wrong to be in shitcoin or memecoin just to take advantage and go with the flow of the pump that was created, it's just that it needs to be accompanied by our abilities and we have to be aware of whether we have those qualifications or not. Unfortunately, if you look at a number of conditions, sometimes many are not aware of this, which keeps them trapped.
When something like this has a bigger chance for yourself, you have to be in a safer investment, like of course bitcoin is the first choice. We can't see in terms of the huge profits to be received for a few memecoins or coin pumps but we also have to look at the worst case scenario and as long as you can't afford to be there then don't do it.

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June 27, 2023, 09:28:21 PM
 #287

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 think it's the law that applies everywhere. We must have knowledge about what we are going to invest. If not, it's stupid, even though all investments can generate profits, whether you have knowledge or not. But in investing there is a big risk, this is what makes all investors must have knowledge, so that if something bad happens they don't panic and know what to do with their investment.

Investments are also divided into 2 groups, namely high-risk investments and low-risk investments. One of the low-risk investments is gold investment, home investment, land investment, blue chip stock investment, etc. One of the high-risk investments is crypto, such as bitcoin. Usually investments that have a high risk have a high return as well.

Everyone wants the money they have to work for themselves, that's what makes people like investing. Besides that, investment will also make you financially independent, if your investment is successful. But apart from investing money, we also need to invest in knowledge so that we know there are many ways to earn money, such as taking courses or attending training, or maybe studying at the master's or doctoral level.

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June 27, 2023, 11:06:00 PM
 #288

Investment in the financial markets, especially cryptocurrency, involves a huge amount of risk because it is a volatile market, and we should deal with caution, making it necessary that whatever funds you are bringing to invest should be the amount that you are capable of losing. The word investment to my understanding I'm seeing it as something that involves a long duration of time and in other words, should also be money that you won't be needing anytime soon and attaching some kinds of emotions.



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June 27, 2023, 11:59:20 PM
Last edit: June 28, 2023, 12:09:42 AM by AmoreJaz
 #289

Investment in the financial markets, especially cryptocurrency, involves a huge amount of risk because it is a volatile market, and we should deal with caution, making it necessary that whatever funds you are bringing to invest should be the amount that you are capable of losing. The word investment to my understanding I'm seeing it as something that involves a long duration of time and in other words, should also be money that you won't be needing anytime soon and attaching some kinds of emotions.

crypto market is a known very volatile market, so if you don't know what you're doing, you can easily get liquidated. investment can be on a short-term basis, however, you should know the market well so you won't be wasting your funds for nothing. everyone will advise you to use your extra funds as there is no guarantee on this market. the roller-coaster ride will give you idea that you can't exactly tell when is the right time to sell your coins. but of course, the right time is always when the selling price is higher than your buying price.

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June 28, 2023, 07:59:30 AM
 #290

Investment in the financial markets, especially cryptocurrency, involves a huge amount of risk because it is a volatile market, and we should deal with caution, making it necessary that whatever funds you are bringing to invest should be the amount that you are capable of losing. The word investment to my understanding I'm seeing it as something that involves a long duration of time and in other words, should also be money that you won't be needing anytime soon and attaching some kinds of emotions.

Exactly as you said that investment takes quite a long time and we as investors also have to be patient in waiting for our investment to actually generate profits. And for that, of course the money that is included in the investment must also be money that is indeed quite cold and indeed we will not use it for quite a long time. All investments have their own risk. And investing in crypto certainly does have a much bigger risk. So using only money you can afford to lose is the most appropriate solution. Or using reserve money that we don't really need is what can keep us calm in carrying out the investment.

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bayu7adi
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June 28, 2023, 08:59:34 AM
 #291

One major reason that we should use spare money to invest is that we can be able to wait for our investment to mature and get huge profit from it.  If we use money that is not spare, we might end up needing the money for its purpose and ends up selling our investment prematurely.  It is ok if the market is surging but it would be devastating if the market is crashing since we cannot get our full investment if the market is plummeting when we sell our investment.
The primary reason behind investing with separate money is to avoid the risk of financial ruin in a single blow. It is never advisable to go all-in at the beginning of an investment journey, as things may unfold differently than anticipated. By opting for this approach, individuals steer clear of such a predicament. Even today, some people still engage in this behavior, mainly due to a lack of financial planning education.

I recommend segregating your funds and treating investment allocation, which pertains to savings or future aspirations, differently from the money allocated for current needs.
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June 28, 2023, 11:56:22 AM
 #292

One major reason that we should use spare money to invest is that we can be able to wait for our investment to mature and get huge profit from it.  If we use money that is not spare, we might end up needing the money for its purpose and ends up selling our investment prematurely.  It is ok if the market is surging but it would be devastating if the market is crashing since we cannot get our full investment if the market is plummeting when we sell our investment.
The primary reason behind investing with separate money is to avoid the risk of financial ruin in a single blow. It is never advisable to go all-in at the beginning of an investment journey, as things may unfold differently than anticipated. By opting for this approach, individuals steer clear of such a predicament. Even today, some people still engage in this behavior, mainly due to a lack of financial planning education.

I recommend segregating your funds and treating investment allocation, which pertains to savings or future aspirations, differently from the money allocated for current needs.
There are many advantages and advantages of investing using reserve funds to invest including as you said, we don't know what will happen in the future with the investment we choose, therefore to reduce investment risk it is not recommended to go all in, this is an investment not a bet so if you have to be wise to make choices for the benefits that will be achieved in the future.

I agree with your advice, and I have also implemented it now, before I was very obsessed with investing so I did everything I could and used money for my basic needs but unfortunately everything didn't go smoothly and I experienced a big loss, all of this was inseparable from the panic and need that so urgent that whether I want it or not I have to sell my assets by incurring big losses, that's when I realized the importance of investing with reserve money.
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June 28, 2023, 11:58:48 AM
 #293


I know maybe there are still a few Altcoins that someone can buy for just a short-term profit, but I know Bitcoin is still the only cryptocurrency that one can safely invest in and have better risk management. You know how volatile altcoins can be pump today, Dump the next day and for someone who is not even familiar with crypto, it can be a great problem because when you are still relying on a token to trend high, you don't know if the token might not even be valued again. If you are thinking of investing in crypto, then Bitcoin should be the first coin you add to your portfolio. We can consider Ethereum 😬, but mahn... you don't know the future of these altcoins since they're centralized.

Bitcoin is probably the only crypto currency that is leading all crypto currencies. The coin that is most trusted and has the most potential of all coins is Bitcoin. Bitcoin should be kept in your portfolio for long-term investment, but to get more profit one should also choose good and top different coins in the market.

Investments in Bitcoin are considered safe and all other altcoins are considered riskier than Bitcoin. When it comes to profits, altcoins can earn more profits than Bitcoin. There are many good and top altcoins in the market right now that are capable of giving you a good profit in the future.

 For this you need to work hard and long term investment can be made in good projects after complete information and research. So I think the best low-cost coins in the market along with Bitcoin should be kept in your portfolio

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June 28, 2023, 03:45:58 PM
 #294

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.
Basically when a person wants to invest or do business he must keep his extra money. Because many times in business there is more loss than profit then it can be restarted with extra money to compensate. Similarly, if a person wants to invest in Bitcoin, then he must keep extra money in hand and then join the investment. Otherwise, if he suffers losses by investing in Bitcoin, he will definitely break down mentally. So it's natural to keep extra money in any investment it's good for yourself. But there are some people who are new to start a business and must gain knowledge about it. And to invest in Bitcoin, one must start small and have special education about the Bitcoin market.

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June 28, 2023, 05:26:28 PM
 #295

When you dare to take risks, the book must be ready and do not regret what you have done. Of course, investing with money that is not used for necessities will make us very calm even if we are in a bloody market, for example.
As for putting our money in some basket or bin, I agree on that. However, we must be able to see the opportunities that exist, in another sense, we must have many profit holes in the things we do. I don't see it as something to be greedy, as long as we know what we're doing and don't just rely on luck or follow other people.

That's the good and exactly right. Taking the big risk if you are done doing your deep research will drive you to take that pattern. If the chance is high so why bother not to take it right? It's on your take and on how you drive your investment, but moving to how the topic was being written, it's something that will allow us not to fear with our investment as we are using spare amount that can be forgotten, might be possible to wait for longer time and also that willingness to let it go if a mistake has been done.
The point in this case depends on how we determine momentum because indeed this can be profitable, it's just that of course momentum also won't be obtained if we only follow advice from other people, especially what often happens is when following several influencers which makes this even more complicated.
It's not wrong to be in shitcoin or memecoin just to take advantage and go with the flow of the pump that was created, it's just that it needs to be accompanied by our abilities and we have to be aware of whether we have those qualifications or not. Unfortunately, if you look at a number of conditions, sometimes many are not aware of this, which keeps them trapped.
When something like this has a bigger chance for yourself, you have to be in a safer investment, like of course bitcoin is the first choice. We can't see in terms of the huge profits to be received for a few memecoins or coin pumps but we also have to look at the worst case scenario and as long as you can't afford to be there then don't do it.

On that matter, having the proper knowledge about the business that you are taking gives you the advantage, we all know that we are into investment because we wanted to earn money, even you use shit assets to make money as long as you understand and you can fully utilize your opportunity that still good to go.

It's more on your decision making and how well you are in taking a risk, and here the decision making of using either spare money or you will going to place a good portion of your saving to take the risk and hope for the best, believing in your own capabilities will guide you to take your path in this kind of business.

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June 28, 2023, 05:53:32 PM
 #296

It is wise to start trading first with a small amount of money. Because if you can start investing with a small amount of money, then you will have a rough idea about the investment risks, then when you invest with a larger amount of money, this experience will be very useful. Before engaging oneself in any profession one must acquire sufficient knowledge and experience about that profession. Because if you engage yourself in a profession without adequate knowledge or experience, there will be more chances of failure than success in that profession. So a trader must gain some experience first.

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June 28, 2023, 06:02:34 PM
 #297

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 think it's the law that applies everywhere. We must have knowledge about what we are going to invest. If not, it's stupid, even though all investments can generate profits, whether you have knowledge or not. But in investing there is a big risk, this is what makes all investors must have knowledge, so that if something bad happens they don't panic and know what to do with their investment.

Investments are also divided into 2 groups, namely high-risk investments and low-risk investments. One of the low-risk investments is gold investment, home investment, land investment, blue chip stock investment, etc. One of the high-risk investments is crypto, such as bitcoin. Usually investments that have a high risk have a high return as well.

Everyone wants the money they have to work for themselves, that's what makes people like investing. Besides that, investment will also make you financially independent, if your investment is successful. But apart from investing money, we also need to invest in knowledge so that we know there are many ways to earn money, such as taking courses or attending training, or maybe studying at the master's or doctoral level.
I respect your perspective on the pivotal role of knowledge in investment. Yet, mastering risk, managing emotions, and exercising discipline are just as key. Investments, true, can be high or low risk. However, an investment's riskiness is subjective, swayed by an investor's financial standing, risk appetite, and investment aims. What appears risky to one might seem low-risk to another.

Undeniably, education is fundamental for investing. But, I would stress that real-life experience and financial literacy are equally essential. These can guide one through the labyrinth of investing, reduce risks, and foster informed choices.

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June 29, 2023, 05:34:59 PM
 #298

The point in this case depends on how we determine momentum because indeed this can be profitable, it's just that of course momentum also won't be obtained if we only follow advice from other people, especially what often happens is when following several influencers which makes this even more complicated.
It's not wrong to be in shitcoin or memecoin just to take advantage and go with the flow of the pump that was created, it's just that it needs to be accompanied by our abilities and we have to be aware of whether we have those qualifications or not. Unfortunately, if you look at a number of conditions, sometimes many are not aware of this, which keeps them trapped.
When something like this has a bigger chance for yourself, you have to be in a safer investment, like of course bitcoin is the first choice. We can't see in terms of the huge profits to be received for a few memecoins or coin pumps but we also have to look at the worst case scenario and as long as you can't afford to be there then don't do it.

On that matter, having the proper knowledge about the business that you are taking gives you the advantage, we all know that we are into investment because we wanted to earn money, even you use shit assets to make money as long as you understand and you can fully utilize your opportunity that still good to go.

It's more on your decision making and how well you are in taking a risk, and here the decision making of using either spare money or you will going to place a good portion of your saving to take the risk and hope for the best, believing in your own capabilities will guide you to take your path in this kind of business.
Correct. As I said before, get to know yourself first if you really want to do something.
As long as we are capable and have some profitable research and have faith in yourself then it can still be done but if indeed you are just tempted by instant gain but don't have sufficient resources in this regard such as more knowledge about how shitcoin does its job and you only focus on hype or maybe influencers who always want personal gain, so it's better for you to undo it because it won't be true and it will actually make you trapped, which in the end thinks this is fraud.

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June 30, 2023, 08:58:22 AM
 #299

One major reason that we should use spare money to invest is that we can be able to wait for our investment to mature and get huge profit from it.  If we use money that is not spare, we might end up needing the money for its purpose and ends up selling our investment prematurely.  It is ok if the market is surging but it would be devastating if the market is crashing since we cannot get our full investment if the market is plummeting when we sell our investment.

It's different because we have other extra money that we will only allocate to an investment such as buying cryptocurrency in this field and then just hold it that can give a good profit in the future if bought at a very low price.
So in these times, if the extra money you have is only a small amount, it is better to take the risk of using this money in meme coins that you think also have the potential to provide good earnings in the future.

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June 30, 2023, 03:06:13 PM
 #300

Is better to use small money or learn risk management first before investing especially newbies.
Obviously it is not just better I think it should be obviously that before investing on anything everyone should learn the risk management , and earn some knowledge about the candle sticks then he should start his trial investing with some small amount. Then when he reaches a perfect level, he can increase or decrease the size of his investment fund as per his wish. And always Keep on your mind that , investment should be that much as much as you can afford to loose.


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