Is investment a necessity or a want?

[Kristiyana]

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.

You're absolutely right, health is the first priority before any other thing,you can't think on making profit from investment when you're not in a perfect condition.at least you need to take good care of yourself before looking out to any other things,what if someone die in the process of looking for wealth, will you go with those wealth?this are the things you should consider before making any decision.

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[Ben Barubal]

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?

     If you are the type of person who wants to grow the money they have, you will really look for other investments that can produce profit for our capital. In short, investment is a matter of choice;
it is not an obligation, but if you believe in an investment, you can decide if you want to invest.

     But all businessmen are able to advance in life because they have invested their capital in various investments that they have seen, and we can see many investment opportunities in our lives. So, if you're really an entrepreneur, you need this so that you can grow your capital quickly.

[kawetsriyanto]

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

Our health care should be the priority (it is a must), meanwhile investment is just optional. If someone has to focus on taking care of his health, it is better not to think about investment temporarily. Even if he wants to have an investment because he has a lot of funds, just do it when his health isn't in a worrying condition. I don't understand why he should think about investment when he should think how to deal with his health. I'm not sure his family members will let him to think about investment when they know it. They must feel worried that investment matters can influence his mentality, moreover it is crypto investment. How if the investment fails? It may bring negative impacts to his mind. Sick people shouldn't be burdened with a thought like investing in something with a high risk.

[uneng]

In a world where there isn't economical stability, authorities lie and cheat on their citizens and inflation eats all your purchasing power, I see investments as a necessity, or a basic need, if you want to live, instead of just surviving. At same time, we can also consider it a want, because you have to want a better life condition to see a purpose on investing your money. Unfortunatelly what we see is that most people don't want to make any efforts or learn anything in order to progress financially, therefore they don't start profitable investments, as they are voluntarily imprisioned on the traditional government, media and banking's system.

These people don't save money, therefore they never have money to invest. And that is due to consumerist habits they develop, encouraged by the media, while not having access to education or self-knowledge to persue investments opportunities which really worth, besides learning how to change their mindset on their favour. As consequence, these people don't want to invest at all, neither want to see it as a necessity which could totally change their lives for the better, if they saw purpose on fulfilling it.

[Yogee]

Is it a life or death situation? Does he only lives now from constant medication?
Or is it something like mild which could be be cured naturally by a healthier diet and consistent exercise?
People in the first group are probably tired and thinks the treatment is going nowhere so they may as well think for future of their families.

What you can tell that friend of yours is to cash out when in good profit before the market starts crashing again. He could further aggravate his condition from stress.

[sekalitas]

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?

Like others in this thread, I absolutely prioritize healthcare. Without good health, it's incredibly difficult to function, let alone work and earn the money needed to invest. However, your situation raises a concerning question: why is this person choosing crypto over their health?  There could be underlying causes for this behavior. Perhaps he feel hopeless about his medical situation and believe treatment won't help, so they're desperately seeking financial gains through crypto. It might be helpful to understand their reasons and offer support in exploring both healthcare options and responsible investing strategies.


 

[Makus]

Investment is a thing of choice so it's not a want. Prioritizing your invest over your health is a very dumb decision to make. If paraventure you use the money for your health to make investment and you die, those who don't have clue of where you saved your seed phrase would let go, meaning the coins you spent you life protecting would loss and you also lost your life. Above everything we do, prioritizing our health first is the most important thing, because only the living can enjoy there investment, or you can even get the opportunity to invest in later future.

[Bureau]

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

That is a very wrong approach as without health investment is of no use. The priority should always be to stay healthy and happy over anything. If a person is healthy then he will be in a zone where his investment decision will be correct. With correct investment that person will get good profit. Whereas an unhealthy person won't be able to take the right decision. It is imperative to take care of your health first than thinking about investment.

[OrangeII]

investment is a choice. It all depends on how one looks at it. This is the same as lifestyle, whether you want to choose an extravagant lifestyle or not. Many people consider that investment is a choice in their life, therefore, they are more likely to work and spend their money, or just save. However, there are also people who think that investment is a necessity. namely with the aim of improving their finances, and to develop their business. However, it is a choice, and for me it is a necessity.

[martinex]

Actually, investment is a combination of both. If I just take it from the perspective of needs, where we all have long-term financial goals that we want to achieve and don't want to bother when we are old and have to go back to work like when we were 25 years old, especially when all our needs come uncontrollably, be it in terms of living expenses when we retire, helping with our children's education or other costs that will become clear later in life if we are blessed with age.

If you want to invest, the concept is desire, maybe there are many things that we cannot fulfill, for example, in meeting our investment targets and normally we are in a condition where we have to fulfill our urgent needs on a regular basis every month, whether they are maximally fulfilled or not.

[Geurangsang]

Necessity is something that must exist in life. If it is not there, of course it will disturb your life and make you uncomfortable. I think investing is just a choice to make for the future, if you are okay after doing it. Investing is not a necessity where you have to sacrifice your health to do it. Many recommend investing only with cold money, so that it doesn't disrupt your life when something bad happens to your investment. Investments don't always make money, but sometimes they also cause headaches and generate losses. Especially when we make wrong decisions from wrong analysis or when the market doesn't want to compromise with us, it will really kill you if you use your hot money. Therefore I prioritize my health over investments.

[Silberman]

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?

That is a big mistake, we can only invest the money we can safely say we are not going to need for a few years, if that person is in dire need due to their poor health then they should instead save all the money they can in the case they need it, does this mean they may miss the bull run? Yes, but who cares, our lives and our health are way more important than any money we could get, but there are many that will not learn this lesson until it is too late and there is nothing they can do to save themselves.

[Tmoonz]

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

That is a very wrong approach as without health investment is of no use. The priority should always be to stay healthy and happy over anything. If a person is healthy then he will be in a zone where his investment decision will be correct. With correct investment that person will get good profit. Whereas an unhealthy person won't be able to take the right decision. It is imperative to take care of your health first than thinking about investment.

I love the way you sound about , I know many forks are going to have contrary views and opinion about this whole thing but however health they said is wealth, it is essential to be in good and of sound mind in other to make good invest decisions and the very much vitality, energy, strength is also needed as to this regards hence I choice prioritizing good healthy over investment which is meant to a choice and not a necessity.

[Kelward]

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.

The key word here is priority, so it depends on what every individual will see as most important in their hierarchy of needs, if anybody unfortunately picks investment over their health conditions, then it'll be a very unfortunate choice, because they might not live to enjoy the returns on their investments. Investments falls into the category of secondary needs, so the basic primary needs has to be taken care of first, like food, healthcare, shelter, transportation to workplace, before you can talk about savings and investments. People need to think smart and put first things first.

[encryptogon]

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 wealth and Investment should not be done at the cost of health. If a person has the money and a medical condition; the priority should be given to health. If your friend is buying coins with the money he should spend on his health, he is making a big mistake because you never know when the health will deteriorate to the extent that it will not be recoverable. If I were in his place, I would have spent the money on my health because altcoin investment can wait.
I have seen many forum colleagues warning against the investment in altcoins because they are very risky. So, it is better to listen to experienced individuals and refrain from investing in altcoins.

[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?

Health is wealth and Investment should not be done at the cost of health. If a person has the money and a medical condition; the priority should be given to health. If your friend is buying coins with the money he should spend on his health, he is making a big mistake because you never know when the health will deteriorate to the extent that it will not be recoverable. If I were in his place, I would have spent the money on my health because altcoin investment can wait.
I have seen many forum colleagues warning against the investment in altcoins because they are very risky. So, it is better to listen to experienced individuals and refrain from investing in altcoins.

Am in a big shock when some person's could not differentiate want and necessity, in as much as how risky investing in Altcoins may seen to be the truth is that it is not completely bad thou the risk is very high and that requires a high level individual tolerance Incase things goes the wrong way. However that is why it is more reasonable enough to only invest the amount that you can afford to loss, alot has gained from it and also a lot has loss too. But the truth is if you make a priority you will definitely invest more than what you can't afford to loss. Hence, ensuring of one basic needs is very important first before investment.

[livingfree]

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?

Tell that person that wherever he is, it's the quote about health is wealth is already right. You can't enjoy your riches and wealth when you're bedridden and you can't move from here and there.

Just give him a reminder that if it's about his health and investments, it's best to invest to his physical body by taking care of it.

The rest can follow and he can enjoy things when he's healthy and that's what he has to be reminded of.

[Epaper]

In my opinion, it all depends on ourselves. Sometimes for some people investment is a necessity because they feel they need to save from now on to enjoy the results when they are old. Moreover, if you invest in crypto which offers big profits, most people flock to invest in cryptocurrencies because they can get satisfying profits.

[EarnOnVictor]

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?

It is good to invest but bad to prioritise it over your health. Your health is your wealth and must be the first priority because if you eventually make the money and make it big and your health is not good enough to enjoy it, you will still be at a loss. So, advise your friend better about this, maybe he can find the means to do the two together as it's worthless to gain money and be sick.

Furthermore, necessity is a need, you can't do without it, or else, you will directly suffer. By virtue of that, the investment is not particularly a necessity but the health you cited is. The investment becomes a necessity if you cannot survive without it, just like those who do not have any job/work but want to invest or do business (necessity).

But for those who are working and have other means of income, the investment is not a necessity as their living doesn't depend on it (want).

[Bushdark]

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?

As the price of Bitcoin is going up but currently the market ha sbeen ranging for a while without the vast movement we had been seeing for weeks now. I think it is time for us to wait for the Bitcoin halving because it is one of the things that is going to move the market to keep going bull. There are many things we can benefits from the market and also we needed to work on ourselves for us to get the right information that is going to help us to benefit investing in projects that are going to be profitable at the end.