Is investment a necessity or a want?

[Sayeds56]

I think if you're looking to be financially secure in the future, or have certain financial goals to hit, its a necessity. If you Don't have any particular financial goals to hit, its a want.

Personally, I think its a necessity and everyone should have certain financial goals.

It sounds like your firmly believe having some kind of financial goals , and continue to pursue them for achieving them, is essential for financial stability in life. this perspective aligns with opinion of many financial experts who emphasize the need to setting clear objectives and manage finance accordingly. the goals can rage from savings for emergencies , investment and ventures for personnel growth. this can provide direction and motivation, helping individuals to make informed decisions about their money.

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[khiholangkang]

I think if you're looking to be financially secure in the future, or have certain financial goals to hit, its a necessity. If you Don't have any particular financial goals to hit, its a want.

Personally, I think its a necessity and everyone should have certain financial goals.

It sounds like your firmly believe having some kind of financial goals , and continue to pursue them for achieving them, is essential for financial stability in life. this perspective aligns with opinion of many financial experts who emphasize the need to setting clear objectives and manage finance accordingly. the goals can rage from savings for emergencies , investment and ventures for personnel growth. this can provide direction and motivation, helping individuals to make informed decisions about their money.

Honestly, if you understand the title of the discussion about needs and wants, it has a very close correlation, where in my opinion Investment is a need and wants can be said to be "wants that are needed" or "needs that we want" isn't that the same?

I strongly believe that people who understand finance will really want to invest and investment is a necessity that he needs to take in managing his money, but as I said that this applies only to people who understand finance, and of course he has a target in his life if he has knowledge about finance, so that money management is a way of how someone saves his money in several categories that he needs for now and the future.

[lalabotax]

Is investment a necessity or a want?

Basically, investment is a necessary, but a want or willing is a way to start realizing it. So, if you have willing to invest, this will lead you to start investment for  the shake of  your actual necessary.  But of course, everybody's  necessary is  different. it will also  depend on point of view or considerations and also condition of each person.

It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Investment is indeed a necessity. However, this is not the main need. However, in this case, what is important is: health comes first. However, compared to preferring to invest in coins instead of thinking about health, I can't immediately judge that it's not good.

First, I have to know what kind of health condition your friend is experiencing? Is it a disease that is urgent to recover from and requires a lot of money? Or a simple illness that doesn't require a lot of money to cure, so he prefers to use the money to invest. But what is certain is that you should still prioritize your health first, before thinking or using some of your money to invest. Continue to use wise financial management so that the investment continues, but your health is also controlled and not neglected.

[dunfida]

Is investment a necessity or a want?

Basically, investment is a necessary, but a want or willing is a way to start realizing it. So, if you have willing to invest, this will lead you to start investment for  the shake of  your actual necessary.  But of course, everybody's  necessary is  different. it will also  depend on point of view or considerations and also condition of each person.

It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Investment is indeed a necessity. However, this is not the main need. However, in this case, what is important is: health comes first. However, compared to preferring to invest in coins instead of thinking about health, I can't immediately judge that it's not good.

First, I have to know what kind of health condition your friend is experiencing? Is it a disease that is urgent to recover from and requires a lot of money? Or a simple illness that doesn't require a lot of money to cure, so he prefers to use the money to invest. But what is certain is that you should still prioritize your health first, before thinking or using some of your money to invest. Continue to use wise financial management so that the investment continues, but your health is also controlled and not neglected.

There would really be always having that limitation specially to;

• Health

Yes,money making is really that necessary or really that important but we should really be that prioritizing our health too or other important things on which
we cant really be that putting up that 100% time and effort towards investment but it cant really be denied that once you do have that several income source then
you would really be living up on a life which it doesnt really have that kind of potential problem when it comes to finances and this is why there would really
be those people who would really be that willing on taking up such risks.

[Kelvinid]

It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Investing is not a necessity but a must thing to do if you want to have a better life. Smart people prioritize those things that give them returns and that is how investing exactly does. If we have money, that is too easy to take care of our health as we already can support ourselves when there are emergencies. It is just something we need to think about if we want to improve our living, investing is the best option to take as this continues to generate profit until we stop. More investments, more money, and of course, we also have a healthy life as we never stress our mind as money is not a problem anymore and whatever we want, we can have it.
'

[Kristiyana]

The fact that we need to invest for better tomorrow or future doesn't mean someone should go and kill him/herself all in the name of trying to set things in place. remember, it's someone that is alive that we eat what he/she invest. Just like the Bible said what shall it profit a man to gain the whole world and lose his soul my own rephrase is that what shall it profit you to invest now and you are nowhere to be found tomorrow. However, as someone is investment he/she should also endeavor to look out for their health which is very important because you can't invest if your seriously down or ill.

[Essential10]

I think those who are thinking of investing now may face big losses as the price of bitcoin is constantly falling so most of the tokens will start dumping. I don't want to mention any month but during this year you can get rain in a big bull market. So if you are thinking about holding top altcoins then wait for some more time. If we talk about the emergence of new coins during this period and the decision to buy these coins then your risk will be high.

The price of Bitcoin may be a bit high right now but I don't think those who invest new will suffer. Bitcoin has already been halved yet the price of Bitcoin is trending upwards, I think we are headed for a major bull market in the future. New projects have no guarantee that anything will happen in the future. If you can start investing in top altcoins or bitcoins now and hold the investment, you can experience good profits at the end of a big bull run year or next year.

[Bushdark]

If we don't invest what we have now, how do we I tend to make money from the crypto market?
Investment is not a want but a necessity for us to keep building our future so that we can have what to write about when we are in a big shit. Cryptocurrency is here to stay and we can make.huge profits from the market not minding the current season that we are.
Investing is what is going to give us a chance to earn massively even with the job we are doing that is helping us to stay safe.

[EarnOnVictor]

I think those who are thinking of investing now may face big losses as the price of bitcoin is constantly falling so most of the tokens will start dumping. I don't want to mention any month but during this year you can get rain in a big bull market. So if you are thinking about holding top altcoins then wait for some more time. If we talk about the emergence of new coins during this period and the decision to buy these coins then your risk will be high.

The price of Bitcoin may be a bit high right now but I don't think those who invest new will suffer. Bitcoin has already been halved yet the price of Bitcoin is trending upwards, I think we are headed for a major bull market in the future. New projects have no guarantee that anything will happen in the future. If you can start investing in top altcoins or bitcoins now and hold the investment, you can experience good profits at the end of a big bull run year or next year.

I don't see things your way, people who are just investing in Bitcoin should be very concerned, no asset without its challenges, unlike the way you are talking about Bitcoin as a safe haven. For the record, it is safer to strike your investments at the low levels or at least at the middle, but Bitcoin getting closer to its 2021 ATH is just a discouragement and only aggressive investors who do not care much about their investments can buy and not get worried by buying at an unsafe level. In all of my investment understanding, the risk is more than the gain in this regard, and as a conservative investor, I would rather hold my money than cause high blood pressure for myself.

For now and until the next bearish phase is over, I can only be trading Bitcoin on the futures market as usual, with that, I can properly speculate, place my trade, set my stop loss and take profits in an independent manner. With these, I still have a say in the market by managing the trade and my trading account properly, and also repeat the process again if I want. Fine, Bitcoin is a good asset and still has a good prospect of hitting higher levels but if care is not taken, it could boomerang on our faces. This asset is still very young, we do not know what the future holds for it. People are hailing it just because of past performances, but we should never forget that past performance is not an indication of future success.

[Mehedi72]

A course "want". There are thousands of things where you can involve and grow your money. Nobody is forcing to investment in crypto. But some people are so greedy or mentally sick. Even i know some people, who don't sell their cryptocurrency even in danger. He used to borrow money rather then selling crypto. And keep buying and dream to become rich one-day. But I found it funny, you need take care yourself and your emergency first. I mean its insane to buying coins when you have to visit healthcare urgently

[Slow death]

When we decide to make an investment, we think a lot about this big step, we think a lot about the risks involved in the investment. we need to consider many points and we also need to think about what we will do if the investment is a big failure, so when we look at it this way, we can realize that making an investment is not an obligation or necessity, but rather it is a desire that the person has to invest in something to make a profit. the person is not being forced to invest in that thing, the person has the choice not to invest in that thing and put the money in something else. If a person has doubts about what they are investing in, then they should not invest in that thing.

This is why people are always advised to never invest in something, just because they saw other people investing in such a thing, they should not do that. When we want to invest in something, we leave feelings aside, we start looking only at what the market is saying about that investment, what the news is saying about that investment and after analyzing it very carefully, we make a decision to invest or not. This yes or no decision making can already be seen that it is not an obligation, it is not a necessity. and a choice, and a desire that the person has. unfortunately many people invest in things because they saw other people investing, so they copy and behave as if they were forced to invest