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Author Topic: Is investment a necessity or a want?  (Read 1030 times)
Miles2006
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March 20, 2024, 05:16:54 PM
 #41

Sometimes meeting up with your investment can be a little frustrating, loosing focus from one distraction to the other is also annoying but still let's not take our investment more serious compared to our health. When there's no life there's no investment, if I'm given a question to answer like mention just one valid reason why you choose to invest definitely I will make mention of my health first and well being, no one should be deceived on how to accumulate, when to buy or when missing out. I will say health should be treated first before considering investing.

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March 20, 2024, 06:50:47 PM
 #42

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.

Certainly, our ability to achieve goal of saving some funds for investment, depends on our financial circumstances, specially balancing our routine monthly expenses against our income. In my opinion whatever is our monthly home take, we should at least allocate 10% towards investing in Bitcoin which is known as digital Gold. If, we consistently accumulate Bitcoin in small amounts, such as $100,, It is possible that by the time we reach retirement age, we will have enough accumulated Bitcoin to comfortably enjoy our retirement.

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March 20, 2024, 08:08:08 PM
 #43

If it's a necessity for every person, yes. But if it is compromising someone's health then it is not really good at all. You don't sacrifice your health just for you to invest. There should be a great balance and you don't have to sacrifice mostly your health just for you to have it like you're invested. Don't invest when you're in need to compromise your health or there's a need to exchange your priority so that for you keep up to date and become invested.


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March 20, 2024, 08:13:51 PM
 #44

I see investment as a necessity because if I had to keep my money in my local bank account, I would have made good use of it. I would make unnecessary expenditures, and if I imagined saving them, i would get cut off by inflation, which would decrease my purchasing power. Currently, i have disposable funds After I take my income, there is some money left for investment and savings, so there is no need to keep them without any good use.

Also, I am concerned about my growth and level of finance in the next three years. By now, I should have a good investment or a progressive business. Its a choice to choose either business or investment. Since I have no business idea, I chose investment and will stick to it.

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March 20, 2024, 08:27:28 PM
 #45

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?
Obviously there is nothing greater than health.  And I think a person should never be forced to invest without considering his health.  Because if the health is not good then even if huge amount of profit comes from the invested funds then they will not be enjoyable. So I think in the beginning we should take care of our health above everything else.  If health is good, everything will be good.  And always invest as much as a person can afford to lose.  If one does not have the ability to invest here, then there is no need to invest.

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March 20, 2024, 08:54:45 PM
 #46

~
Health should be a priority over anything else. It only becomes secondary if you don't have the financial capability to support you (even if you include various support systems that the government has) which means you're close to being truly fucked. Doesn't apply here to your friend so yea, he can pretty much take care of himself if he wants to. Most likely selling off a part of his portfolio would do the trick if he has spent all his money on investing.

Prevention is always 100% better than a cure.

 
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March 21, 2024, 05:26:07 PM
 #47

People are doing investment for making their future satisfied but if someone is investing with a money that he should use for the recovery of his health then I think such investment will not give him better results but he will loss his life due to investment.

Investment is good idea but investment should not be consider as a compulsory thing because health is more important than wealth. Think about a fact that if you earn lots of money by using money of treatment in investment but tour health is not well then you will use double amount to treat yourself later but there will be no benefit of it.



 

 

 

 

 

 


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March 21, 2024, 06:04:21 PM
 #48

some one very close to me has been prioritizing coins involvement other than his health care.
If that person is having any health related issues then he/she must give more priority to his/her health instead of thinking a lot of investing in coins. Investment isn't a necessity and no one forces anyone to invest in anything, it's someone's own choice to invest or not to invest.

If your friend wants to invest then he/she should invest but I believe taking care of his health should be given more priority than investing. Health is your true wealth without it no profits can make you wealthy. Even if someone earns $1M by investing, without good health that would not make him/her happy.

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March 21, 2024, 07:35:45 PM
 #49

some one very close to me has been prioritizing coins involvement other than his health care.
If that person is having any health related issues then he/she must give more priority to his/her health instead of thinking a lot of investing in coins. Investment isn't a necessity and no one forces anyone to invest in anything, it's someone's own choice to invest or not to invest.

If your friend wants to invest then he/she should invest but I believe taking care of his health should be given more priority than investing. Health is your true wealth without it no profits can make you wealthy. Even if someone earns $1M by investing, without good health that would not make him/her happy.

Greed is what has lead so many to their early grave, when somethings  are done overly it becomes a major problem and may significantly affect other aspects on ones life, investment is good but shouldn't really done at the detriment of ones health. there is no better of doing things by considering your personal terms and conditions you can't be doing things same way the next person is doing without consideration the truth is money should be spent according to human pressing needs which health care is a top priority.

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March 22, 2024, 02:34:15 PM
 #50

Investments are necessary simply because it has benefitd in particular with the investor but no one is required to do so. There are instances wherein peopl are finding wealth from other things such as a good work or profession related money. But given how many forms there are for investments, some people are misunderstanding its concept. Investment is often referred as a passive income but there are instances wherein it is not such as with equipments which will make things easier or simply things promoting convenience, those are also investments. Now if it is profit from investment which makes it necessary then for sure it is.
some one very close to me has been prioritizing coins involvement other than his health care.
If that person is having any health related issues then he/she must give more priority to his/her health instead of thinking a lot of investing in coins. Investment isn't a necessity and no one forces anyone to invest in anything, it's someone's own choice to invest or not to invest.

If your friend wants to invest then he/she should invest but I believe taking care of his health should be given more priority than investing. Health is your true wealth without it no profits can make you wealthy. Even if someone earns $1M by investing, without good health that would not make him/her happy.

Greed is what has lead so many to their early grave, when somethings  are done overly it becomes a major problem and may significantly affect other aspects on ones life, investment is good but shouldn't really done at the detriment of ones health. there is no better of doing things by considering your personal terms and conditions you can't be doing things same way the next person is doing without consideration the truth is money should be spent according to human pressing needs which health care is a top priority.

There are also times carelessness and overconfidence leads to bankruptcy with investments especially those which became really profitable. Some investors are stopping to learn new things to prolong their investments. One thing should be noted with investment; its longevity relies on how will the investor make things possible. With real estate investment then there's a high tendency for longevity but in most forms of investments, everything's dependent with many factors which is why many investments are failing in the long run.

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March 22, 2024, 04:42:18 PM
 #51

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.

We need to earn some money in order to survive in this world cause we all know that life is temporary and we need to execute what we need to execute in order to live. And also like what we did in our daily jobs which we need to work in order to get a good salary but in the real life we need to invest in ride rato have a good profit in the future. And if that will happen then a slot of things we can buy and some of our wants will be granted. So as of now we need to invest  in order to make more things impossible.
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March 22, 2024, 05:47:32 PM
 #52

People are doing investment for making their future satisfied but if someone is investing with a money that he should use for the recovery of his health then I think such investment will not give him better results but he will loss his life due to investment.

Investment is good idea but investment should not be consider as a compulsory thing because health is more important than wealth. Think about a fact that if you earn lots of money by using money of treatment in investment but tour health is not well then you will use double amount to treat yourself later but there will be no benefit of it.
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.

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March 23, 2024, 01:33:12 AM
 #53

Some people misuse opportunities, because you have the chance or opportunity to invest in crypto does not guarantee you to put all you life into it. They say people should be passionate about what they do but spend all you life including your health life for coins is worth two risk.

In a normal sense, it's only those who are alive that will eat the fruit of your labour so your life should be first before investment, your friend has lost it all to chasing the bag, I haven't seen anything that I'm so obsessed with that will lead me to taking unnecessary actions against my health and life. 

Directing to your question, investment is a necessity and also a want, they both work Viz vice. One need to invest in any area of life which he or she chooses but it's also if you want. Basically if you don't invest you will end up moving from the social status ladder of being poor to wretched level where you wouldn't be able to find food. But in the aspect of the story your friend is probably losing it to the market.
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March 23, 2024, 01:39:23 AM
 #54

If it's a necessity for every person, yes. But if it is compromising someone's health then it is not really good at all. You don't sacrifice your health just for you to invest. There should be a great balance and you don't have to sacrifice mostly your health just for you to have it like you're invested. Don't invest when you're in need to compromise your health or there's a need to exchange your priority so that for you keep up to date and become invested.
We invest because we're probably avoiding going broke when the bear season comes. There's no need to compromise our positions, rather we should be doing everything within our status to sketch out the necessary profits and changes required from our stands. We can start doing what we does best, never relent but doing the ultimate movement in the space which will pave path for generating significant profits. Investment is a necessities for everyone that's indulges in the market, we can't easily become pro traders in a single day or week, a gradual process is expected.

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March 23, 2024, 02:39:11 AM
 #55

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.
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March 23, 2024, 04:52:26 AM
 #56

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 would say investing is more like an option than a necessity or want. It is something that can help secure your future, make your life more easier and comfortable, especially when you are about to retire. Investment allows you to grow your wealth over time, but it shouldn’t come at the cost of your well-being and health, specially your mental health. No matter how much you invest, if you aren't healthy (which will cause you to die soon), what are you going to do with those wealth? You won't be in a position to enjoy the gains from your investments. Prioritize your health first and then go after wealth.

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March 23, 2024, 05:41:14 AM
 #57

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?

To me I don't think it is nice for anyone to prioritize investment more than his health, no doubt I strongly support anyone who likes investment but ones health should be given utmost concern, how will you leave to reap your investment profit you arr not taking your health serious.
There is a saying that health is wealth, this mistake should not be made by anyone, don't joke with your health because, your health might worsen before you get your profit, so health first.
Though money making and investment mindset should be encouraged but it should be done to undermine our health, the health of every individual is important.
Op try as much as possible to make your friend understand that his health is important and major priority should be given to it than any other thing at this time.


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March 24, 2024, 06:12:32 AM
 #58

some one very close to me has been prioritizing coins involvement other than his health care.
If that person is having any health related issues then he/she must give more priority to his/her health instead of thinking a lot of investing in coins. Investment isn't a necessity and no one forces anyone to invest in anything, it's someone's own choice to invest or not to invest.

If your friend wants to invest then he/she should invest but I believe taking care of his health should be given more priority than investing. Health is your true wealth without it no profits can make you wealthy. Even if someone earns $1M by investing, without good health that would not make him/her happy.
Yeah, I had this and not for myself a loved one had it and I had to stop all the investment thinking and just started not only cashing out all my investments, but starting selling off stuff from my house just to be able to pay it. Don't get me wrong, I did made a profit from my investments and that helped a lot, but that doesn't mean I wouldn't rather keep that.

However, when it's about health, then everything else takes a hold and we all start to consider money as unimportant. No amount of money ever bought a second, and that's the type of living you need to be doing. If you are investing, then your purpose is to have money when you need it and what other reason could it be better than health reason?

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March 24, 2024, 07:57:26 AM
 #59

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.
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March 24, 2024, 08:07:51 AM
 #60

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 think your friend needs to have a change of mindset and maybe you need to make him to understand that he needs to be healthy so he can be alive to monitor and enjoy the profit that will come out of he invested his money on anything. People should not choose money over good health because health can't be traded for anything else and someone needs to have good health before thinking straight, give your friend the best advice to work on his health before thinking about investing in any coin.
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