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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 126210 times)
JayJuanGee
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January 27, 2025, 04:19:36 PM
 #3181

You are retarded if you are posting a bunch of pro-bitcoin posts, but still you have not yet started buying bitcoin. You have also been registered on the forum since May 2024, which provides further evidence of your level of dumb for not buying any bitcoin.  
I regret not being able to buy Bitcoin but I can manage my household expenses with what I earn but I don't have the money to save and buy Bitcoin. Ever since I got into Bitcoin, I had the perfect time to buy Bitcoin but I always regret not being able to buy Bitcoin because I didn't have the money. I am not disabled poverty has disabled me. I have started to slowly climb up the ladder with my hard work. I have a strong belief in my heart that one day I will make a success by investing in Bitcoin.
Your morale and courage are at least strong, but you will definitely be able to invest in Bitcoin. You should create a fund with the extra expenses that will be left after meeting the basic needs of your family, and you should gradually follow the DCA method and invest in Bitcoin. Because investing in the DCA method will definitely help you increase your Bitcoin fund, and will make you more morale-strengthening and you will become confident in your work.
You need more work so that you can earn more and save money and with that money you can invest in Bitcoin. If you are not able to invest in the DCA method on a weekly basis, then you can invest in Bitcoin on a monthly basis, in this you will get enough opportunities and you will also be quite adept at saving money. You can achieve success by using your intelligence and strategy.
I think JayJuanGee already answered that fellow in a way that reflects his personality and situation. For the fellow to be a member of this forum for about a year now and not able to spare the least $10 per week or month to invest in Bitcoin, it shows he has no believe in Bitcoin. He practically failed to see the potential in Bitcoin. Fear may be one of the reason or he might have also wandered away chasing quick profits through shitcoins like most of us did in the past.

All he is doing now is regrets and not taking actions. Let him sit on the sideline and continue regretting,  perhaps in 5-10years to come, he will also regret not buying Bitcoin today... and the cycle of regrets will continue for him.

It seems that I am not even proclaiming that Powerjumboo's investment into bitcoin is going to make him rich or drastically change his life.  Largely I had just been attempting to say that he should put his money where his mouth is, and also that he will be more credible to talk about bitcoin in bullish ways or otherwise by having personal experience rather than talking from a non-experiential perspective.

Perhaps another thing that I am suggesting is that Powerjumboo likely has little to no credibility to talk about bitcoin (whether positive or otherwise) without investing into it and gaining a bit more experiencial knowledge. 

Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.
If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.
I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.

I agree that increasing income is better than cutting expenses, even though both can be worked on, and surely there can be times in which it is difficult to increase income, but surely each person has to attempt to figure out his own situation, and surely when we might realize that we are wanting to increase our income so that we can buy bitcoin, then we can get motivated from having had created those kinds of goals.

Another thing that can be difficult is that sometimes we might need to spend time and money in order to be able to increase our earning power, so sometimes we might have to spend time learning new skills and even networking with others so that we can become more employable or more likable so that we end up having potential to increase our work or increase how much we get paid for our time...yet sometimes even with some of the better paying jobs, they might not be achievable until doing worse paying jobs first, and then later getting a promotion.. and there are even some folks who  work for free or close to free (sometimes referred to as an internship) in order to be more likely to be able to later receive better paying position(s).  It can  be difficult to know what any one person could  do or should do since there can be a lot of variance depending on the kinds of skills a person has or perhaps how likable (or unlikable) a person might be so that some folks won't get  hired (or promoted) unless and/or until they are likable by the person making those decisions.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Tmoonz
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January 27, 2025, 04:22:37 PM
 #3182

Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.
If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.
I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.

At some point there is nothing absolutely wrong for anyone to curtail their expenses just to invest in to Bitcoin, for example, one can reduce eaten out side maybe once in while, you can go for a less expensive car, build a duplex instead of a bungalow, reduce how he or she go for  a vacation. I have come to understand that anyone who overly prioritize their personal expenses can never make an investment because your income can never be enough for you, what is mostly important is to figure out whatever that might consider to be a basic are taken care of after which maximize an effective funds allocation that will enables you to comfortably accumulate your Bitcoin without pressure.

 
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sotelorene
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January 27, 2025, 08:32:53 PM
 #3183

Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.
If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.
I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.

At some point there is nothing absolutely wrong for anyone to curtail their expenses just to invest in to Bitcoin, for example, one can reduce eaten out side maybe once in while, you can go for a less expensive car, build a duplex instead of a bungalow, reduce how he or she go for  a vacation. I have come to understand that anyone who overly prioritize their personal expenses can never make an investment because your income can never be enough for you, what is mostly important is to figure out whatever that might consider to be a basic are taken care of after which maximize an effective funds allocation that will enables you to comfortably accumulate your Bitcoin without pressure.

You are correct to some extent but you need to know that we have different class of individual, which are first class, second class and third class, I don't know if there is more but this is the three I know for now so in this three category of individual you don't expect their spending and other activities to be same, so if one find him or herself as a second class or third class then they should be careful with how they spend money because of their investment sake but there are also some second class people who still do well after spending that is planning that is to say that even before they spend money they have already plan everything out and investing in Bitcoin doesn't mean one can  not enjoy there life but what is worth taking good care should be...











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laijsica
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January 28, 2025, 04:42:17 AM
 #3184

You are retarded if you are posting a bunch of pro-bitcoin posts, but still you have not yet started buying bitcoin. You have also been registered on the forum since May 2024, which provides further evidence of your level of dumb for not buying any bitcoin.  
I regret not being able to buy Bitcoin but I can manage my household expenses with what I earn but I don't have the money to save and buy Bitcoin. Ever since I got into Bitcoin, I had the perfect time to buy Bitcoin but I always regret not being able to buy Bitcoin because I didn't have the money. I am not disabled poverty has disabled me. I have started to slowly climb up the ladder with my hard work. I have a strong belief in my heart that one day I will make a success by investing in Bitcoin.

Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.

If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.

If your earning is not enough for you to start a Bitcoin investment and you really want to start Bitcoin investment look for a side hustle no matter how the earning is you just do it then use the money you are gaining from the side hustle to accumulate, I will not advise anyone who his or her income is not enough to go into Bitcoin investment with same income, when I mean not enough I mean he or she don't have any discretionary income lift after settling the house expenses and bills, there are some jobs that the payment is very little that it can't even take care of your bills for the week or month you are being paid in this kind of situation you can't invest in Bitcoin if you most do you need to have a side hustle which will help you generate money.

Perhaps if one truly desires to invest in bitcoin and they found themselves in such a situation where income does not balance with their desire then cutting down some expensive might grant them the opportunity to invest the minimum they have.

If you send so much on self care, family care or other things like taking two bottles of drink, you can possibly take one and hence apply such measures to every expenses and you might be able to come up with a bear minimum.
The fact that you have to buy one less bottle of water to reduce your family expenses may not be right because you may have a tendency to cut back on essential items and this can lead to negative poverty. You should not be stingy in terms of mandatory family expenses.You may have to refrain from eating out too much, such as smoking or drinking alcohol or other recreational activities. You should accumulation Bitcoin as much as you have left after meeting your basic needs. Make the best effort to meet your family needs and deposit Bitcoin regularly as you.
Bitcoin investment is another way of financial stability for you through which you can accumulation for the long term and increase your holdings without trying to sell. Therefore it is recommended to improve your financial situation through alternative income and be aware of your investment points until you have a decent portfolio.
Bd officer
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January 28, 2025, 11:35:17 AM
 #3185

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.

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January 28, 2025, 11:44:36 AM
 #3186

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.

Both do it for profit in the end.
They just stabilize risk / time differently.

Futurexxx
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January 28, 2025, 12:48:42 PM
 #3187

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.

Both do it for profit in the end.
They just stabilize risk / time differently.
It's true that at the end of the day it's all about the money, but trading is what you should avoid mostly as a newbie, because you are more likely to lose your money then making any as a trader, and it's mostly due to lack of patience and greed that mostly makes traders goes that route.
 And one thing you should take note of is that trading can never change your life forever as investment in Bitcoin can do, because if you can accumulate a very good stash of Bitcoin now and hold in like 10 to 20 years time from now, by then Bitcoin would have gone up to a million dollar or more, so it is very clear that investment in Bitcoin can be used to build a generational wealth overtime unlike trading which can even reduce you financially.

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January 28, 2025, 01:50:53 PM
 #3188

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.
I think a trader is only the most knowledgeable about trading, he may not have much idea about investment success and investment potential. So a trader will never give a detailed idea about investment of new investors. Those who have not yet had full knowledge of starting investment enter this forum or search Google and see how to start investing in Bitcoin. Maybe it is through this that they will be able to gain primary knowledge. According to you, Bitcoin's popularity has already increased a lot, the popularity of Bitcoin investment among people is increasing at present, because it does not require too much money to invest in Bitcoin, to start investing only need willpower and money.

EclipseXcrypto
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January 28, 2025, 02:37:08 PM
 #3189

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.

Both do it for profit in the end.
They just stabilize risk / time differently.
I know both are profit making in the end, but when considering how volatile bitcoin can be, the short-term gains trading focuses often end in loses and very stressful.  Success in trading is indeed rare, with only a very small percentage coming out on top.

Bitcoin investment focuses on long-term stability and growth over time. It has a high success rate because holding Bitcoin for an extended period allows you to ride out the volatility and benefit from its upward trend. This approach can really pay off, especially if you are accumulating a good stash.
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January 28, 2025, 02:40:54 PM
 #3190

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.

Both do it for profit in the end.
They just stabilize risk / time differently.
Firstly, we could create same impression and mindset but we still do it differently and more perfect. I’m sure everyone must have experienced this once in a while having a good mindset to make profit and end up creating a mess, that’s the perfect example comparing trade and investing. Relating same energy when investing or trading the results will always be different not minding the aim, both for profit no doubt still doesn’t guarantee a trader success although at some point investors still make mistakes for example reading what hero_the_bossman wrote above basically lack of knowledge can lead to investment loss and higher risk sometimes ignorance, meanwhile trading still is not safe with a 10% knowledge, it’s risky trying to introduce a newbie to start trading why not invest instead. Most of the site we read online are only centered on trade when they know bitcoin investment is not only buying when the price is low and sell anytime, This impression is wrong and it has cause a lot of wrong investment choice.

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January 28, 2025, 04:01:59 PM
 #3191

I agree that increasing income is better than cutting expenses, even though both can be worked on, and surely there can be times in which it is difficult to increase income, but surely each person has to attempt to figure out his own situation, and surely when we might realize that we are wanting to increase our income so that we can buy bitcoin, then we can get motivated from having had created those kinds of goals.

Another thing that can be difficult is that sometimes we might need to spend time and money in order to be able to increase our earning power, so sometimes we might have to spend time learning new skills and even networking with others so that we can become more employable or more likable so that we end up having potential to increase our work or increase how much we get paid for our time...yet sometimes even with some of the better paying jobs, they might not be achievable until doing worse paying jobs first, and then later getting a promotion.. and there are even some folks who  work for free or close to free (sometimes referred to as an internship) in order to be more likely to be able to later receive better paying position(s).  It can  be difficult to know what any one person could  do or should do since there can be a lot of variance depending on the kinds of skills a person has or perhaps how likable (or unlikable) a person might be so that some folks won't get  hired (or promoted) unless and/or until they are likable by the person making those decisions.
I agree with you everything you said here because it is nothing far from the truth. I just have a little i want to add to what you have said on this discussion. Increasing our financial goal is really an ideal way to gain financial freedom and that should be what we should focus on, which is the source where we get the money. Because the journey to achieve our financial goal is not as straightforward like we have planned it. Working harder, gaining new skills or networking is good but i feel making the foundation of which we have been using to invest in Bitcoin from the very beginning is very vital and that is where all of this comes to play to help boost sustainability.

Every work is entitled to someday end even there are some job that look like they are permanent. Even a skill might get low people needing the services and some business may tend to be out of date. If times like this comes and we fall under the category of persons with skill, business and work of course its either we are on one. We may lose having more capital to keep investing in Bitcoin.

At all times financial stability should come first. Not everyone is in the position to invest in Bitcoin especially when they are struggling of which i know you are pretty much aware of. Before focusing on Bitcoin or any investment we ought to ask ourselves is my foundation solid? Do i have an emergency fund, steady income, and basic expenses covered no matter what?

In the aspect of internship the idea is great and i love that you brought up the conversation, such as interesting one. With my understanding internship means working for free to get better opportunities, where there can be little allowance to support for transportation or little expense covered. But to someone looking at a bigger picture in life internship will keep them in the cycle of struggle. Because for me i cant afford to put in unpaid labor while waiting for the better pay to come later. In a touch economy like mine, the first priority should be survival not taking risk that may not payoff in the future. People should first look into their economic situation before taking any internship.

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January 28, 2025, 05:44:48 PM
Merited by JayJuanGee (1)
 #3192

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.

Both do it for profit in the end.
They just stabilize risk / time differently.
Think of having an investment that you can build, grow and maintain it even at old age. There is nothing like the joy of a bitcoin investor who has worked hard during his young days and invest in bitcoin to watch how big his portfolio is when he is old. It shows that he was responsible enough to invest with the funds he was earning when he was working because he cares for his future.

Traders are like those people who had the opportunity to invest in a lifetime investment like bitcoin but decided to gamble with their money because they don't have the vision of what bitcoin will become in future. They will have nothing to show for all their effort and hard work they have done during their young age and the time they have spent playing around with trading and losing their bitcoin due to the mindset of quick profit.

This is why I choose investing for a long term in bitcoin than trading because it is the wisest and best decision for a discipline person who don't want all his effort of making money go in vain, because he has seen the power in bitcoin. There is no excuse for anyone who is a trader of not having a good size of bitcoin in future because he caused it for himself.

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January 28, 2025, 08:31:40 PM
 #3193

Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.

Both do it for profit in the end.
They just stabilize risk / time differently.
It's true that at the end of the day it's all about the money, but trading is what you should avoid mostly as a newbie, because you are more likely to lose your money then making any as a trader, and it's mostly due to lack of patience and greed that mostly makes traders goes that route.
 And one thing you should take note of is that trading can never change your life forever as investment in Bitcoin can do, because if you can accumulate a very good stash of Bitcoin now and hold in like 10 to 20 years time from now, by then Bitcoin would have gone up to a million dollar or more, so it is very clear that investment in Bitcoin can be used to build a generational wealth overtime unlike trading which can even reduce you financially.

The guy next door trading wasn't born with trading knowledge neither was he introduced by birth, it was pure learning with time. There is nothing bad if a newbie avoid trading but a newbie can buy Bitcoin when he has the money and hold the Bitcoin in a separate wallet and focus on trading at the same time. Holding doesn't have any challenge other than the security measure and if you put it right in place, you have nothing to worry about, just be optimistic.

If you have what it takes to be a trader, you have the means to learn, you have the time by your side and you have the passion to trade, go and learn it. You don't even need real money to trade as beginner, there are plenty of demo accounts where you can use Bitcoin to learn trading and when you are confident enough to start trading with real money, you can do that. There is nothing best like trading for stable coins and recycling it back to Bitcoin as DCA when there is dump in the market.

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January 28, 2025, 08:54:18 PM
Merited by Zadicar (1)
 #3194

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.
I think a trader is only the most knowledgeable about trading, he may not have much idea about investment success and investment potential. So a trader will never give a detailed idea about investment of new investors. Those who have not yet had full knowledge of starting investment enter this forum or search Google and see how to start investing in Bitcoin. Maybe it is through this that they will be able to gain primary knowledge. According to you, Bitcoin's popularity has already increased a lot, the popularity of Bitcoin investment among people is increasing at present, because it does not require too much money to invest in Bitcoin, to start investing only need willpower and money.
All matters on how you would really be that gonna handling yourself on how to make up investments on which you do based up on the things that you've known. When you are just that new and having those kind of positivity in towards crypto or Bitcoin investment then better think twice because risks is always there and it will be just that too impossible that you cant be able to determine out such thing. Somehow making up such decisions in regarding about selling and buying will really be that not easy because this market is really that truly unpredictable. There's no way that you can be able to make yourself to point out on where prices will be going.

The only that makes you tell that this is the best time to enter is on the time that the market is really that making out some dump or correction on which this had been always that part on the market on which you cant really just that able to avoid up these things in the first place. It is really just that making up decisions will really be that crucial from time to time because are needed to be made of.
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January 28, 2025, 09:07:02 PM
 #3195

Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.
If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.
I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income
While you are thinking about how to increase your income, it is also better to reduce how you spend your money on the things that don't really give meaning to your life so that you can use the money that is meant for those things and be accumulating bitcoin until you are able to increase your income to the extent where you can spend the way you want, and it will not stop you from accumulating bitcoin. What if it took you like 5 years before you were able to achieve a better income? It is better to "make hay while the sun shines" so that you wouldn't regret in the near future that you saw bitcoin when it was low and you couldn't buy it because you were trying to increase your income first.

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January 28, 2025, 09:11:26 PM
 #3196

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.
I think a trader is only the most knowledgeable about trading, he may not have much idea about investment success and investment potential. So a trader will never give a detailed idea about investment of new investors. Those who have not yet had full knowledge of starting investment enter this forum or search Google and see how to start investing in Bitcoin. Maybe it is through this that they will be able to gain primary knowledge. According to you, Bitcoin's popularity has already increased a lot, the popularity of Bitcoin investment among people is increasing at present, because it does not require too much money to invest in Bitcoin, to start investing only need willpower and money.

I don't actually agree with you when you said a trader may not have much idea about Bitcoin investment because in Bitcoin investment there's no top much analysis or calculations rather it is just knowing how to buy Bitcoin using any method of your choice and hold but DCA is the most reliable method which can help both the poor and the rich, so I wonder how a trader who is playing with crypto won't have an idea concerning Bitcoin investment as a matter of fact some trader are into trading and Bitcoin investment I have friends that do it but I often tell them it is not safe for them. I agree with you when you said only trader are most knowledgeable in trading because most investors don't know how to trader and they won't even want or wish to know it because they can be tempted to...











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January 28, 2025, 11:48:13 PM
Merited by JayJuanGee (1)
 #3197

Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.
If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.
I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income
While you are thinking about how to increase your income, it is also better to reduce how you spend your money on the things that don't really give meaning to your life so that you can use the money that is meant for those things and be accumulating bitcoin until you are able to increase your income to the extent where you can spend the way you want, and it will not stop you from accumulating bitcoin. What if it took you like 5 years before you were able to achieve a better income? It is better to "make hay while the sun shines" so that you wouldn't regret in the near future that you saw bitcoin when it was low and you couldn't buy it because you were trying to increase your income first.

Exactly, but the truth is that aside shelter, food and clothing, there are other things that can be prioritize as to be considered a basic needs which might completely differ from the next person.  In a real sense, until a man is good enough to satisfy whatever he or she considered to be his or her basic needs, and have a left over cash to invest in Bitcoin he or she can not successfully be investing in Bitcoin without selling the Bitcoin along the line to solve their other needs, it takes discipline to have a good direction of how we spend even the little we have  wisely in a much better ways compared to those that have more.

 
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January 29, 2025, 12:19:56 AM
Last edit: January 29, 2025, 02:34:07 PM by JayJuanGee
Merited by Tmoonz (1)
 #3198

Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.
Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.
Both do it for profit in the end.
They just stabilize risk / time differently.
Firstly, we could create same impression and mindset but we still do it differently and more perfect. I’m sure everyone must have experienced this once in a while having a good mindset to make profit and end up creating a mess, that’s the perfect example comparing trade and investing. Relating same energy when investing or trading the results will always be different not minding the aim, both for profit no doubt still doesn’t guarantee a trader success although at some point investors still make mistakes for example reading what hero_the_bossman wrote above basically lack of knowledge can lead to investment loss and higher risk sometimes ignorance, meanwhile trading still is not safe with a 10% knowledge, it’s risky trying to introduce a newbie to start trading why not invest instead. Most of the site we read online are only centered on trade when they know bitcoin investment is not only buying when the price is low and sell anytime, This impression is wrong and it has cause a lot of wrong investment choice.

Even though there is quite a bit of appeal to the idea of buying low and then selling  higher, with something like bitcoin the more prudent and  reasonable approach is to actually just keep buying without selling until perhaps 10 years or more later, and even when the selling time comes, there is no need to sell all at once or even in BIG chunks, but just sell a little bit as you need it when that later time comes.  

Selling has the appeal of both short term profits and people want to lock in their profits (in dollars), yet it seems like large numbers end up selling way too many bitcoin too early and at too low of a price... live and learn and live and regret can end up being common themes for guys who are not able to accumulate and hold for a long time and stop trying to skim off short term profits before the BTC  has been allowed to grow over a couple of cycles or more.

Since the long term is not guaranteed, that would be the reason for not overly doing the investment, and to invest as much as you are comfortable to put away for 10 years or longer.

I agree that increasing income is better than cutting expenses, even though both can be worked on, and surely there can be times in which it is difficult to increase income, but surely each person has to attempt to figure out his own situation, and surely when we might realize that we are wanting to increase our income so that we can buy bitcoin, then we can get motivated from having had created those kinds of goals.

Another thing that can be difficult is that sometimes we might need to spend time and money in order to be able to increase our earning power, so sometimes we might have to spend time learning new skills and even networking with others so that we can become more employable or more likable so that we end up having potential to increase our work or increase how much we get paid for our time...yet sometimes even with some of the better paying jobs, they might not be achievable until doing worse paying jobs first, and then later getting a promotion.. and there are even some folks who  work for free or close to free (sometimes referred to as an internship) in order to be more likely to be able to later receive better paying position(s).  It can  be difficult to know what any one person could  do or should do since there can be a lot of variance depending on the kinds of skills a person has or perhaps how likable (or unlikable) a person might be so that some folks won't get  hired (or promoted) unless and/or until they are likable by the person making those decisions.
I agree with you everything you said here because it is nothing far from the truth. I just have a little i want to add to what you have said on this discussion. Increasing our financial goal is really an ideal way to gain financial freedom and that should be what we should focus on, which is the source where we get the money. Because the journey to achieve our financial goal is not as straightforward like we have planned it. Working harder, gaining new skills or networking is good but i feel making the foundation of which we have been using to invest in Bitcoin from the very beginning is very vital and that is where all of this comes to play to help boost sustainability.

Every work is entitled to someday end even there are some job that look like they are permanent. Even a skill might get low people needing the services and some business may tend to be out of date. If times like this comes and we fall under the category of persons with skill, business and work of course its either we are on one. We may lose having more capital to keep investing in Bitcoin.

At all times financial stability should come first. Not everyone is in the position to invest in Bitcoin especially when they are struggling of which i know you are pretty much aware of. Before focusing on Bitcoin or any investment we ought to ask ourselves is my foundation solid? Do i have an emergency fund, steady income, and basic expenses covered no matter what?

You seem to be referring to issues of bitcoin position size and long term money management, which should not exclude the conclusion that investing into bitcoin is a thing that is likely going to make your life better, especially if you can continue to invest in bitcoin and maintain it for 10 years or more.

No one can tell you how to increase your income or how to make sure that you don't lose your job or how to improve your job skills, and yeah there can be some very challenging times that contribute to more people not being able to invest as much into bitcoin, since they don't have much if any discretionary income.  So yeah there are needs for discretionary income and some folks can afford $100 per week, and others can afford $1k per week and others might only be able to afford $10 per week.. and yeah, it can be tough for those who are not even able to afford $10 per week.. and I am not sure how to get out of those kinds of situations if you have already cut all of your expenses, and if you cannot figure out ways to increase your income, then you might not even be in a position to put $10 per week into bitcoin because you don't have an extra $10 per week, and you actually need to have an extra $10 to be  able to buy bitcoin, since if you need that money for short term expenses, then it is not available for buying bitcoin.

In the aspect of internship the idea is great and i love that you brought up the conversation, such as interesting one. With my understanding internship means working for free to get better opportunities, where there can be little allowance to support for transportation or little expense covered.

Some folks get into higher circles or are ONLY able to network because they agree to and/or apply to an internship.  Some people also create their own internship by approaching companies or individuals who are in a position to be able to create a position, and surely sometimes it can be quite difficult for some folks to get access to higher positions and opportunities with more skills and better pay, but sometimes they do get into such positions through internships.... and surely it can be even especially important to show that you are skilled, you are likable, you are a kind of person who can identify problems and solve them or follow direction very  well to accomplish goals of the decision maker, and surely sometimes after having you work and benefit their company (or business) for a while, they either will offer you a paid position, or you might end up putting yourself into a position in which you can apply to another company (business) and get a similar position or even a higher position that is paid, since your internship had gotten you access to information about the ways that things are done in a certain industry and a kind of insider knowledge.  

I am not saying it is easy, but there are some guys who can be capable of entering into better employment if they are able to get access or to do an internship... which also can mean dressing for the part, having mannerisms and behaviors to show that you are qualified for the part, showing up early, staying late, studying on your own time and even off site, and just being generally likable and potentially desired because you may well end up contributing in such a way that increases their business and profits and even they might see that you contribute so much that they can just pay you from the additional profits and they still make more by paying you versus not having you... and yeah, it might not be easy to find such a situation or even to accomplish such a task... and I am not even claiming to be an expert on the details of how to accomplish it, since it will be different for different kinds of skills that you might have and what kind of needs a company (business) might have and how well suited your talents and/or personality might be within the company (business).

But to someone looking at a bigger picture in life internship will keep them in the cycle of struggle.

Some kinds of activities are monetizable and other kind of activities are not monetizable.  So there can be things that you learn (even on your own) that you are able to lend your skills to someone who is willing to pay you, which sometimes goes back to building a reputation of being good, trustworthy and beneficial so that people will end up paying you for your services, and yeah sometimes you might have to do it for free or for low pay while you are building a reputation and building customers/clients.

Because for me i cant afford to put in unpaid labor while waiting for the better pay to come later. In a touch economy like mine, the first priority should be survival not taking risk that may not payoff in the future. People should first look into their economic situation before taking any internship.

Those are decisions for you to make.. so yeah, I understand that some folks might never be able to advance out of their position, so they don't have enough time, skills or even extra money so that they can afford to spend in unpaid labor, yet some higher positions might not open up for certain people unless you can make it appear that you are able to do that higher paid work.  Another thing is that if you know that there is a certain kind of way to get into a higher paid position, then if you are not ready, willing and/or able to do the steps then you might be stuck with lower paid jobs for longer periods (and perhaps forever), and sometimes knowing about a path can be helpful, and some people will specifically attend a specific tech school or even short amount of college for the opportunities for the internship and not necessarily for the school training itself, yet both the school training and the internship may well end up being the route that a person has to take in order to be qualified for a paid position.. and sometimes the early paid position is not paid very much, but it has promotion opportunities.

Part of the reason that people compare dead end jobs to jobs with promotion opportunities is based upon these kinds of ideas that there are some kinds of jobs that have way more promotion (higher pay) opportunities, and there are other kinds of jobs that may have little to no promotional opportunities.. nothing significant, anyhow... The pay of some jobs barely keep up with changes in the cost of living..and some of the ways to cheat (even though it could take a while to play out), is to be able to figure out which kinds of jobs have higher potential and better stepping stone opportunities..and there might be almost no way in hell for a person to even keep up  with the cost of living increases if he keeps doing similar kinds of jobs, but if there are ways to get promoted into higher positions, then the take up pay at some point go up 20% or more or sometimes the pay might even double or triple at certain points in the career....and again, I am not saying it is easy, and I am not even saying that everyone is able to do it and some people clean up better than other people.. Some people have difficulties fitting their personality or their way of presenting themselves into a position that is going to impress the right people in order that they can receive promotions in pay and/or promotion in skills and opportunities.

I recall doing various voluntary positions, internship, sometimes with low pay but good exposure and experiences, and then other kinds of working my way up, and then there were certain points that I entered into entry level positions that were paid, but then the amount of pay was like 10s of times more than my previous positions since a lot of the stuff that I was doing was mostly unpaid or very low paid, but they were stepping stones to the higher paid positions....and of course, sometimes the experiences were not very great, but if the position was being used as a kind of stepping stone, there can be ways to spin the position and the experiences in a way that made them show that you were ready, willing and able to take the higher qualification kinds of jobs that had higher responsibilities (and perhaps higher pay)..oh and sometimes when there was a good job, it also might have almost guaranteed promotions (and even higher pay), so then if you had already been used to making way less money, then so much of the additional money can be used for investing (into some thing like bitcoin - even though bitcoin was not around during my earlier years of building my work experience and my getting into higher paid positions).

[edited out]
Think of having an investment that you can build, grow and maintain it even at old age. There is nothing like the joy of a bitcoin investor who has worked hard during his young days and invest in bitcoin to watch how big his portfolio is when he is old. It shows that he was responsible enough to invest with the funds he was earning when he was working because he cares for his future.

Traders are like those people who had the opportunity to invest in a lifetime investment like bitcoin but decided to gamble with their money because they don't have the vision of what bitcoin will become in future. They will have nothing to show for all their effort and hard work they have done during their young age and the time they have spent playing around with trading and losing their bitcoin due to the mindset of quick profit.

This is why I choose investing for a long term in bitcoin than trading because it is the wisest and best decision for a discipline person who don't want all his effort of making money go in vain, because he has seen the power in bitcoin. There is no excuse for anyone who is a trader of not having a good size of bitcoin in future because he caused it for himself.

Another part of the amazing thing about bitcoin is that the investment timeline could end up getting cut way shorter than expected.  Of course, there are no guarantees, but so far bitcoin has shown itself to be quite an amazing investment that has potentials of cutting down our anticipated investment timeline in ways that are beyond belief and beyond the expectations of many who had already gotten into bitcoin... but the real and true secret seems to be accumulating and holding it rather than prematurely selling it...so not fucking it up.. we have a great investment.. don't fuck it up. hahahahahaha

[edited out]
Exactly, but the truth is that aside shelter, food and clothing, there are other things that can be prioritize as to be considered a basic needs which might completely differ from the next person.  In a real sense, until a man is good enough to satisfy whatever he or she considered to be his or her basic needs, and have a left over cash to invest in Bitcoin he or she can not successfully be investing in Bitcoin without selling the Bitcoin along the line to solve their other needs, it takes discipline to have a good direction of how we spend even the little we have  wisely in a much better ways compared to those that have more.

I agree with your overall point that some kinds of costs are more flexible than other kinds of costs, but even some of the basic costs, such as food, shelter and clothing, can have way more flexibilities than what we might have had considered to be possible.. So sometimes we might need to be creative in how we consider our costs.. so sometimes with food we might find some ways that we could buy in bulk or at a discount and then share the costs with neighbors so then some of the food quality might be better and the costs might be cheaper.  With shelter we might consider various kinds of sharing relations that might help to reduce costs, and sure we still have to consider how much we might want to  sacrifice in terms of cleanliness, space, privacy, safety and/or proximity to other locations that we need to go.  With clothing sometimes there might be free or low cost ways to get clothes, but also sometimes there might be needs to buy some more expensive clothing, but we might consider if there might be better places to source our clothing.

Many times we have to be careful in regards to some of the ways that we might be saving money, since sometimes it would be better to spend more money on certain kinds of things for either creating a good impression or maybe for your own health and well-being it may well be better to be eating higher quality foods like meat and eggs rather than bread and/or snacks that might seem cheap but they are not good for your health.  Also, it might be better to locate lodging that is close to various places that you need to go so that you are able to better use your time.

Surely many of us already discuss that if there are ways to increase your income, then that may end up being way better than reducing your expenses, and many times there are ways to pay attention to both...for example, a guy might really want to buy a car, and he knows it will increase his opportunities for income, yet he might end up figuring out that a motorcycle might give a lot of the same benefits with way fewer costs... so there can be difficulties to know, and surely sometimes getting the car would be better as a way to improve status, so there could be ways that a car could end up paying for itself even though it is a way higher cost item... and each guy has to figure out these kinds of matters in terms of his own situation and circumstances... and even with a car sometimes it might be better to buy one in the middle of the range rather than buying overly cheap or overly expensive.. so there can be some value spent in learning about trade offs with different models, if you are going down the road of figuring out what might be best bang for the buck...with a lot of the various tradeoffs that could come from choices.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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January 29, 2025, 05:38:01 AM
 #3199

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.

According to the rules, it must be like that, if you are disciplined even though it is not very routine, if divided on average you will get a fairly high price because the purchase of course varies in number every time.

For other people's opinions, I think it's enough to just listen if it's good, just adjust it to what you have learned, especially in this thread, both in terms of technique, pattern and duration. many have great experience and are also successful in implementing it.

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January 29, 2025, 07:04:56 AM
Merited by JayJuanGee (1)
 #3200

Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.
If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.
I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income
While you are thinking about how to increase your income, it is also better to reduce how you spend your money on the things that don't really give meaning to your life so that you can use the money that is meant for those things and be accumulating bitcoin until you are able to increase your income to the extent where you can spend the way you want, and it will not stop you from accumulating bitcoin. What if it took you like 5 years before you were able to achieve a better income? It is better to "make hay while the sun shines" so that you wouldn't regret in the near future that you saw bitcoin when it was low and you couldn't buy it because you were trying to increase your income first.

Exactly, but the truth is that aside shelter, food and clothing, there are other things that can be prioritize as to be considered a basic needs which might completely differ from the next person.  In a real sense, until a man is good enough to satisfy whatever he or she considered to be his or her basic needs, and have a left over cash to invest in Bitcoin he or she can not successfully be investing in Bitcoin without selling the Bitcoin along the line to solve their other needs, it takes discipline to have a good direction of how we spend even the little we have  wisely in a much better ways compared to those that have more.

Well understood, now concerning the things that comes in place before venturing into Bitcoin investment, I feel there are needs to consider the basic necessities which includes the things you already in your comments, I do not advise anyone to invest blindly without putting other things into consideration because of other things are not properly taking care of you will not have a good investment plans as there will be lots of inconveniences which may result to even selling at loss to satisfy a particular family need. These has always been my take concerning having a good investment plan so that the investor will have a good, stable, smooth and stressful investment.

1) have a good investment budget
2) have different stream of income
3) consider your family needs and ways to sort them out in your plans
4) invest without fear and pressure
5) have a separate steady income mapped out for Bitcoin investment only
6) be determined not to do things that will affect your investment plans.
7) reduce buying of expensive things and avoid regular parties so that you don't spend on things they will affect your income
8)protect your investment and don't let anyone know your investment plans
9) do not let people know you are an investor so you will be alive to enjoy your labour in future
10) do not stop acquiring Bitcoin regardless of the amount you have to buy.

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