Is investment a necessity or a want?

[milewilda]

In today's economy, it should be a necessity by now, or else it will be disastrous for your financial situation and you miss a whole lot of opportunities especially in crypto because the bull market should be taken advantage of by the people. if anyone can convince people to buy and hold till they profit, it will be for their own good. because everyone needs help in this kind of economy.

To achieve good financial stability, a person must have multiple sources of income which we think that investing seems to be a way of making it possible.
If we ignored investing in the past days but now, it should be taken seriously knowing that the situation is not good anymore due to inflation where the best thing to do is to invest as being a smart way of spending our money rather than into nonsense stuff. What we should put in our mind today is to increase our income because it is a must in order to survive or else, we struggle into poverty and hard life situation.

On the time that you are earning decent or good with your current day job then majority of us would really be just that contented with that or simply being that become confident on the current condition that you are in.
On the time that you will be experiencing some short of funds or those financial crisis then this is the only moment you would be thinking about having that multiple income source for you to have that kind of back up
funds on the time that emergencies would happen,which these things should be done earlier or on the time that you arent still experiencing any problems. Self realizations on certain conditions is something that would be needed or crucial.It is really just that there are really people who do become that not mindful about the future on the time that they arent experiencing some issues or problems. Multiple income is really that recommended
on which we know that in future there's no way that we could tell if there would really be severe problems or not.

[GideonGono]

For me I don't consider it as a necessity but want, we could continue to live without investment.
It is for those who wants it, those who wants to have a better future, have an extra income even if they aren't doing anything, those who wants to have a better lifestyle.
We don't need to force people to start on their investment journey it is up to them if they want to, it wouldn't always be about profit, they should also be aware of the risk when it comes to investment.

[Essential10]

For me I don't consider it as a necessity but want, we could continue to live without investment.
It is for those who wants it, those who wants to have a better future, have an extra income even if they aren't doing anything, those who wants to have a better lifestyle.
We don't need to force people to start on their investment journey it is up to them if they want to, it wouldn't always be about profit, they should also be aware of the risk when it comes to investment.

Individuals have different thoughts on the future of their lives. In the present age, just living a normal life can become a hindrance at some point. It is better to plan investment for future life in advance, it will give you backup in future. Who doesn't want his future life to be beautiful, you also want life to be beautiful. Not forcing people to invest here just giving advice where you need to invest in your future life plans. Yes it is true that if the investment plan is in crypto currency there will be risk. But if properly analyzed and invested then you can definitely get good from here for future life.

[laijsica]

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?

Investors with little investment knowledge buy at dips prices especially Altcoins which creates the risk of losing their capital. It is inappropriate to expect risk-free investment and choosing the wrong currency can worsen your health.But leaning towards top altcoinss is good and definitely a long term investment.

[Velemir Sava]

We don't need to force people to start on their investment journey it is up to them if they want to, it wouldn't always be about profit, they should also be aware of the risk when it comes to investment.

People are sometimes wiser in seeing something, especially those who are old in experience, often also if they have excess funds always buy gold and it feels suitable and in their youth it is the most excellent and fovorite investment.

Only now they haven't and they have only heard about BTC, admitted it and have not dared to do it. Maybe it's not time yet. What is certain is any investment if we have followed it and I am sure that when we have great success many will come and consult with us.

[Godday]

For me I don't consider it as a necessity but want, we could continue to live without investment.
It is for those who wants it, those who wants to have a better future, have an extra income even if they aren't doing anything, those who wants to have a better lifestyle.
We don't need to force people to start on their investment journey it is up to them if they want to, it wouldn't always be about profit, they should also be aware of the risk when it comes to investment.

I agree with you. We cannot force people to become investors. But I will still educate people about the importance of investing. For me, investment will be a necessity in the future to maintain the value of your money. Inflation will continue to occur and without investment your wealth will continue to decline in the future. I want to put investment as a necessity but I don't say it is an obligation or basic need.

[fullhdpixel]

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

Copying what other people do just because you do not know what to do and you want to basically feel you belong there and you hope to make money from other peoples knowledge, is a wrong move and been told not to be done many times to everyone. I think it is clear that we are going to end up the year with something much better, we just need to make sure that we have enough time to make it work one way or another. It won't be easy, and it will take time, but that won't be something that will be difficult.

This is why I hope to see the situation getting bigger and better, it has to be that way. I get that people are not really entirely sure what to do when they first start, so studying to be a better trader and getting the inner works of trading world would be the best way to go.

[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.

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.

That's a great idea guys. if you allocate a small portion of your income to invest in Bitcoin so that at retirement age you can enjoy the results. Moreover, the price of bitcoin always changes in a positive direction from year to year. You can imagine that from now on we invest $100 in bitcoin regularly every week, then in just 5 years we will reap huge profits and become rich.

[laijsica]

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.

That's a great idea guys. if you allocate a small portion of your income to invest in Bitcoin so that at retirement age you can enjoy the results. Moreover, the price of bitcoin always changes in a positive direction from year to year. You can imagine that from now on we invest $100 in bitcoin regularly every week, then in just 5 years we will reap huge profits and become rich.

Did you say about the method of depositing bitcoins in the direction? If so then this is an excellent idea. In this way if one can continuously and continuously accumulate bitcoins for 4-10 years then he can get high profit. Wise investors in Bitcoin always encourage long-term investment.

[Kocret02]

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?

Actually, investment is a necessity that we have to carry out to get income to achieve the various desires we want in our lives. So investment becomes a need, not a desire, because through investment we can fulfill all our desires. Even though investments have risks, so choose investments that have the lowest risk.

[jrrsparkles]

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 the money that is supposed to be spent on medical bills?

It's completely wrong though, investment is the next step coming after the savings and here whoever doesn't even started the savings that is why they are trying to make some quick money which is never possible with random coins and not recommended in committing to do.

But he, it's their money and their health so we can't decide what's more important for them.

[malah]

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?

Actually, investment is a necessity that we have to carry out to get income to achieve the various desires we want in our lives. So investment becomes a need, not a desire, because through investment we can fulfill all our desires. Even though investments have risks, so choose investments that have the lowest risk.

Investment is indeed an important part of managing financial conditions in the future. When we are familiar with cryptocurrency, we should already know our target coin for investment. It is true that Bitcoin is by far a very suitable place for long-term investment. We can also see that Bitcoin has less risk than other coins.

[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?

     The investment is like a matter of choice; there is no obligation here but to be wise and critical before investing in a scheme opportunity that we will enter that we think will give a good ROI in a short period of time. And one example here is Bitcoin, or cryptocurrency, and others that are outside of digital currency.

     In the wants, these are our priorities that should not be lost in the daily routine of our lives. Food, water, clothes, and prime commodities are just some of the wants that people often use.
So in this matter we shouldn't forget their difference anyway.

[wheelz1200]

For the most part it's both.  A necessity is water, food etc.  Investments are a necessity if you want to grow your net worth and retire in the future.  It's not really just a want because in cases you need to reach an end goal.  So I think it's both a want in some respect and a necessity for others.  Depends on the end goal itself.

[Ndabagi01]

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’s not a good idea and you should try and talk to him to desist from doing that. You can’t be so rich with money and you don’t have a strong and healthy life to enjoy that your money. Nothing should be prioritise over your health care. If you lose your health, you’re as good as a dead or a walking dead person, but you can always get to invest when you’re healthy and sound to. Investment is not a must and if you must make it a must for yourself, then you’ve to look into other confluences that wouldn’t annul your plans for the investment.

[Fiasem20]

Investment is a choice and not a do or die affair,like how it is said that health is wealth,our health should be our major priority because a sick person cannot enjoy his or her wealth,so what will it look like if your friend invest on shitcoins that is not 100% guaranteed of huge returns,and spends half of his profit on his health status,it absolutely makes no sense,while investing on crypto your health status should mean alot to you.Emergency fund is also essential when investing because it's from the emergency fund you take good care of your health and other expenses.

[Reatim]

Individuals have different thoughts on the future of their lives. In the present age, just living a normal life can become a hindrance at some point. It is better to plan investment for future life in advance, it will give you backup in future.

I have always looked at investments as a key to my future. I do not want to spend my last years in life still trying to make a living and working. I would want to travel the world and explore what I couldn’t during my younger years due to not being able to afford it.

For some people it’s such an intense want that it becomes a need. It’s not necessarily a need but if you are so insistent about living the life you want then eventually it becomes a need.

[senyorito123]

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?

Actually, investment is a necessity that we have to carry out to get income to achieve the various desires we want in our lives. So investment becomes a need, not a desire, because through investment we can fulfill all our desires. Even though investments have risks, so choose investments that have the lowest risk.

I don't think so, not everyone has that mindset since basic necessities associated with average profile individuals. How come it became needs while most people wanted to acquire investments with a very secure and certain prospective assets. Technically, lower risk investment is hard to fulfill because most situations involves much higher risk than we expected.

[Tahid12]

Of course want. Investment isn't a basic necessary thing that you must go with. It is kind of a way to earn money and that's it. If you have money then you can invest and make more money from that. If you don't have money then you don't need to invest. But sometimes people may took it seriously, it depends on his mentality. I mean, isn't it insane when you don't have enough budget for investment but you cut your necessity to manage investment budget, that's ridiculous. Health is wealth and there's many thing in our life that we should give those more priority instead of investment

[laijsica]

Of course want. Investment isn't a basic necessary thing that you must go with. It is kind of a way to earn money and that's it. If you have money then you can invest and make more money from that. If you don't have money then you don't need to invest. But sometimes people may took it seriously, it depends on his mentality. I mean, isn't it insane when you don't have enough budget for investment but you cut your necessity to manage investment budget, that's ridiculous. Health is wealth and there's many thing in our life that we should give those more priority instead of investment

You are right if the balance of expenses with income is not properly calculated for investment and is not independent of income. Investment freedom should be considered if one wishes to do so but cannot afford to continue in the long run. Although one thinks he may be able to continue but after some time has passed it may not be possible for him to continue depositing. This attempt may cause harm to him. He may have to run for a long time to ensure proper utilization of resources but the surrounding economic conditions may make the timing difficult.