Is investment a necessity or a want?

[Tmoonz]

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?

I might be one of them. I'm in FOMO. I've nearly missed all of the bulls because of my simple mistakes and bad luck. I have been on crypto for years but was never able to make any profit. I'm missing on every spectacular rise. All I want to do is get as much money in crypto as possible. I'm not taking out loans for investment but I'm not saving any cash. I don't have money to visit a doctor in case I fell ill. I'm working a day job and that's keeping me sane. Otherwise there are not time schedule I follow, no time when to eat, sleep or wake up. It's my frustration, excitement and expectations that's ruining my lifestyle.

You have to take it easy, you are on the line of chasing losses which can be very devastating emotionally because of the wired feeling you get from your previous involvement which will make you to be in the market even when and where you are not supposed to be, however there is need to be emotionally stable in other for you to make an informed decisions that will a better lead to your success.

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[Makus]

It's very wrong to prioritize your investment over your health. Because only the living have the hope of investing, if you die while prioritizing your investment first, you might end up having a lost coin, if no one is able to locate your seed phrase and gain access to your coin. Though I don't mean living a luxurious life and forget about investment NO! What I mean is, if you're in a position to pick between going for medication or Investing, you should pick medication no matter what. But if you have the ability to go for the two without your investment fund affecting your other financial activities, then go for it.

[Bushdark]

It's very wrong to prioritize your investment over your health. Because only the living have the hope of investing, if you die while prioritizing your investment first, you might end up having a lost coin, if no one is able to locate your seed phrase and gain access to your coin. Though I don't mean living a luxurious life and forget about investment NO! What I mean is, if you're in a position to pick between going for medication or Investing, you should pick medication no matter what. But if you have the ability to go for the two without your investment fund affecting your other financial activities, then go for it.

Who would anyone choose to invest what they have rather than taking good care of their health.
Healthy is paramount and we need to take it very seriously. There I no way we could make money in the market and keep accumulating it with taking a watch on our health to make sure that we are okay. If we keep working and working, making money and we don't take good care of our health, we could be surprised that we can use almost all the funds we have made so far to treat ourselves and there would be no more time to go to the work we take paramount to than our health.

[AnonBitCoiner]

Investing is good and it's also left for us to decide whether we are interested in investing our funds or not or better keep it somewhere.
There were people that are never interested in investing especially in the crypto world but would want to keep saving there funds until when they needed it. It is important we know what actually works for us and take such decision. Some persons too could be interested in spending there fund lavishly because they they have people they are always bringing business deals to them to make more money.

Investment is necessary and full of advantages and everyone knows this fact better and its upto a person's financial system that it allows him to invest or not. Saving and investment are two different things Saving cannot enhance the value of your money but investment do so therefore we should not think these two as one thing.

Nobody can ignore the importance of crypto investment but if someone does not possess the fund even he cannot maintain his healthy life due to lack of money then investment is not necessary. Investment should only be possible and advantageous if person is spending a healthy life and also has some extra amount so this can be used for investment.

[oktana]

Investment is a necessity. You can say “I want to invest”, but it is because it is necessary that you decide to do it. But if the person is prioritizing cryptocurrency investment at this time over his health then it’s FOMO. It isn’t that investment that comes from thorough thinking. Investments require you to be in the right state of mind and if your friend isn’t so healthy so is the mind in his body. What if there is a huge dip? That would even make things terrible for him. He should know this.

[tengui]

What do you mean by health? body health? Investing is not a hard job that can harm your health. please explain in more detail.
What is clear is that health is the most valuable thing and we cannot exchange it for anything.

[bounceback]

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?

Health is a very important main factor in life because without physical health it is impossible for us to do other work such as investing, so it is very unfortunate if there are people who invest in Cryptocurrency but do not pay attention to their health.
Maybe by investing we can get profits, but we have to realize that the profits we get are not comparable to living a healthy life. Personal experience several years ago, I experienced serious illness due to trading and hunting for airdrops without sufficient rest time, in fact almost every night I did not have enough rest time and enough sleep.

[coin-investor]

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?

They have seen the opportunity because of the uptrend in the market and they don't want to miss out on the opportunity so instead of buying medicines for their health, they prefer to invest.

This is very risky and if the ailments need a continuous intake of medicines his profit coming from investment will eventually go to buying more medicines and worse getting hospitalized.

You should advise your friend to take it easy prioritize his health and open his eyes to the worst scenario that could happen if he neglects his health.

[Romeotom]

Actually investors always invest with their future in mind because they are interested in getting profit. You will always want to earn double your money. When buying alts you must always understand that they can fall in price at any time. Because there your profit is made. Moreover, it is safe to say that most of the new projects that appear during the bull market and the upcoming halving will be scams. So stay away from scam tokens and invest as profit comes.

[Huppercase]

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?

How do you know that people are not investing on their health care? Did you have any claim to back this up? Before I come back to your subject of discussion, I will love to address your main body of discussion. People buy coins because they believe that in every Bitcoin halving, it usually brings about a new bull run and that's the time coins do pump and that's why you see people buying this coins to get the opportunity of this pumps, it's a risk they are willing to take and not because they don't value their health. Majority of them are always short term investors that pu out of the market as soon as they are done having some profits.

Investment is a necessity, even though you are filthy rich today, you stop need to have a good investment otherwise in some years your money will vanish before your eyes. However, I think some of the wana be crypto investors are doing it for quick gains, they want to use $50 to get $100k so they buy Lamborghini and have a nice holiday in pacific ocean on a yacht which is nothing but show off and want in my opinion.

[cute nmp]

It depends to some it is a common want but to many others it is a necessity .Its not a great idea for one to live without any investment not only in cryptocurrency but in other assets too . Have come across many people who become bankrupt as a result of not investing any of their funds when their were financially stable . So to the wise investment is a must not a choice

[Mate2237]

As others have said it, investment is by choice and not a necessity. The altcoins that are coming to the ecosystem is creating competition in the ecospace. Though Bitcoin is still far above them them and there is no competition Bitcoin with them. Though Bitcoin is creating avenue for the altcoins to excel through the ordinals which make the transaction fee high and because of that people have diverted their attention to other coins and that is why Ethereum and Solana network is congested these days.

Yes the halving of Bitcoin is coming but I don't know how much the price will be in the halving time. And if the price will be low then it is good to sell some of the bitcoins in your portfolio now and buy it again in the halving again and sell back in the All Time High.

[sulendra12]

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?

Your health is always your top priority, if the time you spend to research on investments and keeping update with the news around the investment you make, thus those certain activities could decrease your health situation then there is something wrong with the way you do it. I have seen multiple cases of people that have their health become worse because of the certain event happening such as depression, stress, emotional etc.

Investment is an option for those people that wanted to have better future but there are other options on what to invest that suits you instead of risking of your life to do that investment,

[Wiwo]

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?

Of what use is the investment if you lack good health,  although when you said health you did not mentioned what aspects or what the level or state of his health,  becausits only with that in mind that we can easily make contributions and comments that may come near balance with your answers to this question.

But on a general level, health should come first over investments, instead of neglecting your health on the ground that you want to invest by all means.

[GigaBit]

Like they always say health is wealth,  if you don't take care health to be healthy you can't get the profit you are looking for , if at all you get the profit and you are not having a sound health,  you might likely spend all your money just to get good health.  Health first, investment must not come first before health.  Investment is important but one need to have sound health first.

It is said that health is the root of all happiness. If the health is not good then the investment will be worthless. First an investor should take care of health then he can be motivated to invest. If sales are healthy then investment profits can be enjoyed. No matter how much profit a sick person makes from his investment, it will not bring him good. So we should give priority to our health first and then consider investment matters. A healthy investor can get good options in his investment. It should be remembered that money is not the source of all happiness and also money is essential for happiness.

An investor should not invest in all types of coins when it comes to investing. He must invest after doing proper research. There are some investors who invest in some coins for excess profit which causes them to lose. Investors should consider these issues before investing.

[AVE5]

Invest is necessary that's decided all by yourself if you wanted it or not. If you understand very well and clear, investments are platforms with the potential returning back with profits. So if you know how important money's to your life and you finds investing as the only way, then you'd not only find it necessary but compulsory to be invested.
I may not blame that of your friend because when poverty had thought you lessions of life, you'd be ignorant to your life in engaging on risky tendencies to fight it out and then, you'd probably be wo careless about your health. Being ignorant to your health isn't worth ignoring it for investment but when you're managing to stand financially, sometimes you'd just have to keep mute at what your bodies requires for good up keep.

Sometime the unhealthy conditions we finds ourselves and are results of lack of funds so we just have to take that risk and prefer investing than sticking to the health first but usually prays that let's just live to stay alive first.

[MFahad]

What I mean is, if you're in a position to pick between going for medication or Investing, you should pick medication no matter what. But if you have the ability to go for the two without your investment fund affecting your other financial activities, then go for it.

Not medication, I wouldn't recommend investing even if a person doesn't have enough money saved before they go for investment because savings are more important as it is a fund that is always readily available for you to use in emergencies whereas an investment doesn't have that nature and only the profits generated from an investment can be used for such situations.

So in my opinion, investment should be the last option on one's list of things to do with their income, and before it, should come basic expenses, medication if any, savings, charity if one can afford it, and then investment because all other things are more important.

[Makus]

Not medication, I wouldn't recommend investing even if a person doesn't have enough money saved before they go for investment because savings are more important as it is a fund that is always readily available for you to use in emergencies whereas an investment doesn't have that nature and only the profits generated from an investment can be used for such situations.

So in my opinion, investment should be the last option on one's list of things to do with their income, and before it, should come basic expenses, medication if any, savings, charity if one can afford it, and then investment because all other things are more important.

To have a happy investment life, one needs an emergency fund to make his investment life go smooth as possible. Most investors make the mistake of not having an emergency fund saved specifically for instances of emergency like sudden sickness or anything that has to do with spending money. Though it's good for someone to have enough money before starting up an investment journey, so you'll not end up spending from your investment when needs arises but if you don't have the a plan strategy, even with all you money you have, when emergencies strick you might end up withdrawing your investment to settle those things.

[goaldigger]

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?

This should be balanced, and it should be based on your financial capacity.

Investment is a want of course, and if you really want a better life then you might consider to do some investments or even have your own business.

Health is a necessity that we should not ignore while we are aiming for our dreams because health is wealth and your money is useless if you are not healthy anymore. So before you invest on any thing, make sure you invest with yourself first.

[JeffBrad12]

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?

This should be balanced, and it should be based on your financial capacity.

Investment is a want of course, and if you really want a better life then you might consider to do some investments or even have your own business.

Health is a necessity that we should not ignore while we are aiming for our dreams because health is wealth and your money is useless if you are not healthy anymore. So before you invest on any thing, make sure you invest with yourself first.

there should be understanding that in every scenario health take first priority when health priority is below investment at this point we are not investing but we are in for a really bad future since medical expenses gonna  be waiting for us in the future, investment does I think is a necessity nowadays though, i mean when inflation quite literally eating up your saving about 5% each year you might think of investing to spare yourselves from the inflation as well as preventing overspending if its possible.
therefore i consider nowaday investment as one of the most crucial thing if we want to have a good life in these days otherwise if you truly don't really look after saving money because maybe you already have good income to afford all the thing you want its different matter.
but as i said earlier, i always take health as the first priority, imagine by putting aside health and wellness you are making an inverted investment where you just gonna add up eventual medial expense.