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?

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[lovesmayfamilis]

Investing should be a choice for those who care about the future, but if your money is spent to the detriment of your health, you will soon pay twice. You shouldn't sacrifice your health by buying coins, especially if we think that the OP created a thread in the section about alternative coins. When buying alts, you must understand that they can fall in price at any time. You can worry about buying Bitcoin instead, but that expense should also be money you might not think about for a while. If we talk about the emergence of new coins during this period and the decision to purchase these coins, then it is safe to say that most of the new projects appearing during the bull market and the upcoming halving will be scams. Fraudsters do not sleep; they will create dozens of scams to extract money from naive investors.

[DeathAngel]

Nobody should pursue investing in assets ahead of their own health. What is the point having lots of money if you’re very ill or worse, dead. Buying cryptocurrency is great but I would not do so if I couldn’t afford healthcare. Your friend needs to sort out his priorities, especially if he has a family.

[Ricardo11]

Why do we earn money in life? We must earn money to do good things in life to live well and be happy and peaceful. Moreover, we earn money and save it for our good health and emergency. This is what we should always do. What is the use of earning this money if our body is not healthy and if we are not alive?  If you die today, this money will not do you any good, so focus on your good health first. We may earn a lot of money in life, but once this life is lost, it can never be regained.

[leonair]

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 a personal matter of everyone and it depends on who is financially strong and how much risk can be taken. When investing you have to think long term because everything goes through a long process. So if someone panics after investing and always thinks about it then it can affect his health. Because excessive thinking tortures people logically. And while investing DCA has to be followed so that the market conditions can always be dealt with

[mu_enrico]

Investment is a necessity only AFTER all your basic needs are fulfilled. Taking an analogy from nature, consider a tree, it requires soil, water, a suitable pot, and fertilizer for optimal growth. Without meeting these essential needs adequately, the tree's growth will be stunted or hindered. Hence, investing in a new, larger pot prematurely would be futile. Instead, prudent investment should be made in fulfilling the existing requirements to ensure healthy growth. Only when these foundational needs are met can one consider expanding resources for future growth. You invest for the future, for the new and bigger pot, and you won't need it if you are stunted or even die.

[crwth]

It's important that you need to balance the two. You must have health care but it's also good to have exposure within the market to what actually would help you get the best out of your hard-earned money. You need to balance the two to make the most out of your money. If it's necessary, focus on one thing first if you don't have a lot. I think the priority is health before anything else because if you can't function properly, how would you earn?

[Frankolala]

Health is wealth. This is why he should take care of his health first, so that he can live to enjoy his investment, and let him not act foolish. Those new coins that he is investing on might lead to great loss, and if he is still sick, the shock and frustration can lead him to his death.

Investment is good, but it should not be put first before our health. This is where people misunderstand what investment is. Before investing, you should have an emergency funds, and funds for your basic needs, then the extra should be used to invest. Not invest in a ill state on shitcoins, that is same as gambling. Your friend is gambling with his life and his money.

[LogitechMouse]

some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

I see investment a necessity in our lives. If you don't want to see yourself having a hard time living when you're old, investing at a young age is the best way for you to prevent that. Those who aren't investing, or those who are only saving their money will be having a hard time when they retire.

Having said that, I don't think that it's a good decision to prioritize investment over health care. How will your investments help you if you're hospitalized already? Yes, it can pay your expenses obviously, but you will see yourself having a hard time living because you didn't take care of yourself. I know that investing is a very vital part of our lives, but not prioritizing your health is a very bad decision to do. Always take care of ourselves, and at least balance our priorities. For me, I balance it through having an emergency funds as well has investment funds.

Going all in on investing is good if you know what you're doing, but don't forget about your health.

[Sophokles]

Self care is more important than all of someone's wealth. If you don't have good health, then what is the point of having wealth? First we should take care of ourselves, and then we should do anything else. Investment is important to making wealth because you need to put your wealth to work so that it can grow in value and you can make a profit out of it.  Our first priority should be our health so that we can be more energetic and focused on building our wealth through business.

[bitzizzix]

In my opinion, investing is a desire because we want a life in the future or in old age with a safe and comfortable situation in financial matters. And apart from that, the most basic thing is why investment is important and what we want so that our wealth is maintained and prosperous and is not eroded by inflation.
Apart from that, we will not work for long and there will come a time when we are no longer able to work or are no longer productive. And investment is the best solution to guarantee the future or old age and also finance children to continue their studies when we are no longer able to work. Because we don't know what will happen in our future, whether we will always be healthy and no one knows, and investing is the best solution for broad goals.

[babygun]

It's important that you need to balance the two. You must have health care but it's also good to have exposure within the market to what actually would help you get the best out of your hard-earned money. You need to balance the two to make the most out of your money. If it's necessary, focus on one thing first if you don't have a lot. I think the priority is health before anything else because if you can't function properly, how would you earn?

The only thing you can't buy is your health so that should always be the number 1. But being in the market and investing in stocks/crypto is important to just grow your wealth and could also help if you want to retire early. I am trying to build a portfolio with dividend stocks which could give me passive income in the future.

[KingsDen]

Some people get rich without investigating;
Some get rich by investing;
Interestingly some get rich by saving;
Some get rich by salary earning;
Some get rich by freelancing;
Some get rich by doing random jobs;
Food, shelter and clothing are the only necessary things;
Others are just want.

[avikz]

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 a necessity. But investing in altcoins is a gambling. If someone close to you thinks investing in random coins is more important than investing in health care, God bless him!

Health is the biggest asset any human can have. So it takes priority over everything else, at least for me! But yes, an individual would have individual thinking process. But they can be stupid as hell.

[Reatim]

Investment is a necessity as much as it is a privilege.

Not a lot of people have the ability to invest due to their present financial circumstances.
There are different kinds of investments and I don’t think it all involves money. We also need to
invest in ourselves and that includes taking care of our well-being.

What is the use of your profit if you’re sick and dying?

[Sayeds56]

Investing should be a choice for those who care about the future, but if your money is spent to the detriment of your health, you will soon pay twice. You shouldn't sacrifice your health by buying coins, especially if we think that the OP created a thread in the section about alternative coins. When buying alts, you must understand that they can fall in price at any time. You can worry about buying Bitcoin instead, but that expense should also be money you might not think about for a while. If we talk about the emergence of new coins during this period and the decision to purchase these coins, then it is safe to say that most of the new projects appearing during the bull market and the upcoming halving will be scams. Fraudsters do not sleep; they will create dozens of scams to extract money from naive investors.

Indeed, health is always first priority in life and everything else including investment comes after it. Investing should be always a mindful decision considering both personnel well being and financial potential. Investment promise rewards in future while neglecting health in pursuit of wealth can lead to significant repercussions.

Regarding investment option, prevailing belief nowadays is that Bitcoin is a safer investment with potential of significant rewards in future.

[irhact]

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 isn't a want but a necessity, without investment you can't get wealthy unless you inherit wealth from other individuals that made investing a necessity in their life and have the wealth that they're passing down to you. Investment is necessary as our salary can't carry us for all through the month of we're to buy not only things that we need but also things that we want to live a more comfortable lifestyle. Investment are of different types and our health investment is also an important investment.

We should prioritize both our health and assets investments so we can live long to enjoy  the money that we'll be making from our investment. It doesn't make sense if we make alot of money yet we won't live to enjoy them as we didn't take care of our health when chasing the money then we have to use the money we made to take care of our health and waste them when we could have prevented that.

[kentrolla]

Nothing stands in between health and well being I would say it's a foolish thing with your friend is following in soon here she is going to regret it because if you have health you can on anytime through any source not only cryptocurrency but let's say you have immense well which you have acquired by sacrificing your health then who's gonna use it? If you are not in condition to live a normal life? Anything over health is not justifyable and I think your friend needs to find a balance or he/she will end up losing in both the aspect the health as well as wealth.

[Mpamaegbu]

...some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

That's a very wrong approach. Why would anyone want to do that and jeopardize their life because they want to make money. That's what it's from that comment. No one should forget that health is wealth. That expression shouldn't be toyed with. Only those who are healthy have the convenience of sane mind to go into investment. A man who's sick is only preoccupied with saving himself, and not investing. You've to make your friend snap out of that thought pattern.

As for the thread question, investment is neither a necessity nor a want. It's purely a thing of choice. There are people who are comfortable materially and financially where they're but don't have investment of any kind because they don't want to be bothered with that distraction that comes with investment.

[btc78]

As for the thread question, investment is neither a necessity nor a want. It's purely a thing of choice. There are people who are comfortable materially and financially where they're but don't have investment of any kind because they don't want to be bothered with that distraction that comes with investment.

Those people are a bit foolish. Most rich people I know have different kinds of investments because being rich, they still want to gain even more money and be prepared with what the future holds. Not all investors are trying to break out of the poverty line, some are just trying to lock in more profits.

By the time I am rich, I will surely invest on something still even if I am confident and comfortable. You never know what could happen. A sickness could strike you and bleed your money dry. This is also one of the reasons why you should definitely take care of yourself. I believe that both health and wealth are equally important in life. And one shouldn’t exist without the other.