Someone who's sold his bitcoin and tried to find any other solutions but still ended up with selling it, I know that they have tried hard but it's just that there's really no other option left anymore to them.
It is understandable but I wish that it won't let them down.
Poor planning from the beginning is the reason behind all this conditional selling of bitcoin. You know what you earn weekly or monthly and you know what you spend as well as your savings. After you have a reasonable savings, you can take part of it to invest in bitcoin which is not part of your calculation again. I mean you should consider it as not part of your asset until when your target is hit. In the case of emergency, you can spend from your savings and no need for you to sell your bitcoin.
Planning is the key to success. You can not invest bitcoin with whole of your savings and expect miracle to happen when you are in need.. It's better to invest a little amount in bitcoin for a long time than to be in haste to invest heavenly and run in bankruptcy that will lead you to sell it within short period of time with possible lose.
Planning is necessary and extremely important for any man, especially those who are married. Because if we miscalculate, the people who will suffer the consequences will not only be us but also our children. But do you know the future? Do you know how much money you will spend in the future? And do you anticipate the unexpected things that will happen to you? Especially with the current weakening economy.
Don't assume everyone has a bad plan and you have a perfect plan. They still have a plan for their life but it depends on their income. If they don't have a high income, how can they have large savings? There are many things to consider when planning.
Like you asked above @fuguebtc, if anyone knows the future, no, no body knows the future. That's why sometimes people plan life, but this life turns bad for them and some of these people start thinking about whether it's the end of it all.
Also, no body knows how much he or she will spend in the future. No one knows, that's why it's good to always save money. Saving money until you give up (dies), so that even if the person is no longer existing, the children of the person will not suffer. If you don't know how much to save, just save, so it will not look as if you don't think about tomorrow.
Yes, the current economic situation in some countries is getting harder, like my country, if you don't plan ahead. Sorry to you. Although there are good jobs, even with a good level of education, you can't be employed if you don't have any relations or friends there.
In this life there are only a few people who plan things and it happens for them accurately, but not all the time.
