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Author Topic: It's better to invest now than to regret it in a hospital bed.  (Read 2092 times)
mamesso
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May 01, 2024, 10:04:26 AM
 #121

One thing you can't do after you are no longer productive in making money, is go back to the past to correct all the mistakes you have made. Ignoring financial advice is your biggest mistake and will cause regret in the future when you don't have anything when you need it. If you care about a very good future without financial problems, start investing now. There is no need to determine the amount, as long as you do it consistently over a long time, you will get better facilities in the future.

If you are afraid of investing in Bitcoin due to its very fluctuating price, look for other safer media such as land and gold. You can start by buying gold periodically, when the amount collected is enough to buy land, you can sell the gold and then buy land as an asset which can calm your mind because there is no risk there.

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May 01, 2024, 10:41:39 AM
 #122

Investment is something that everyone needs, because by having investments a person can get good profits which they can use in their old age. Investing is a good thing, because we don't know what conditions will be in the future, especially for older people, where as they get older, their health will become increasingly compromised and this will limit their ability to make money. At least having an investment can make someone calmer, because when there is something urgent or other important thing, they can use the investment to cover it.
There is no doubt that investment is a life saver after all. However, it’s also an important factor to choose wisely your investments and don’t just grab on everything that comes your way. Learn to be more cautious and extra careful when it comes to risking your funds. Not all investments are good and profitable, some are just here to scam us and lose everything we have.

Most importantly, learn to invest while you are highly able and capable to earn and save. Don’t wait for perfect investments to come, as there’s no such that exist. Everything comes with risk and we all need to be responsible to manage them well and overcome all those risks. Lucky are those who started early, but know that no one comes late in all investments, as long as you take the risk and courage to invest while you can.

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Xcode7
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May 01, 2024, 12:03:02 PM
 #123

Investment is something that everyone needs, because by having investments a person can get good profits which they can use in their old age. Investing is a good thing, because we don't know what conditions will be in the future, especially for older people, where as they get older, their health will become increasingly compromised and this will limit their ability to make money. At least having an investment can make someone calmer, because when there is something urgent or other important thing, they can use the investment to cover it.
There is no doubt that investment is a life saver after all. However, it’s also an important factor to choose wisely your investments and don’t just grab on everything that comes your way. Learn to be more cautious and extra careful when it comes to risking your funds. Not all investments are good and profitable, some are just here to scam us and lose everything we have.

Most importantly, learn to invest while you are highly able and capable to earn and save. Don’t wait for perfect investments to come, as there’s no such that exist. Everything comes with risk and we all need to be responsible to manage them well and overcome all those risks. Lucky are those who started early, but know that no one comes late in all investments, as long as you take the risk and courage to invest while you can.
We have to be careful in choosing investments, especially for future investments, of course not all investments are profitable, let alone investments with the possibility of large profits, of course the risks are also large, in fact I think all investments have risks and the level of risk varies depending on the possible profits.

The most important thing is knowledge rather than investment because if we already have knowledge then there is a big possibility that we can take advantage of the investment we make.

Investment is important for the future, so from an early age we are required to learn a lot and try a lot of things to be able to get benefits or things that will benefit us in old age because we will be quite regretful in old age if we spend a lot of time and money with vain.

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May 01, 2024, 01:02:03 PM
 #124

Lol.

If you care with your health, you need to get health insurance, not invest. No one can predict the future, if you have a high paying job and never had serious disease during the time you accumulate Bitcoin, that's good.

But, what if you're sick when you only work after six months? you didn't even have a good amount investment, while health insurance, even you're sick a day after you obtain the health insurance (depends on the insurance), it might cover all of the bills.
Health is also an investment we can all ignore it but if we are abusing our lifestyle that's double damage, we might lose our investment in crypto and fiat just because of hospital bills so we should also invest in ourselves I mean balance investment as we all know that both is important for us. Look at rich people they do healthy lifestyle it is because their profits in their company's investments, crypto, precious metals,stones and real estate is nonsense if they are dying with illness or some sort that is why they are more careful about their health.



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May 01, 2024, 02:07:41 PM
 #125

People should think about the future to have time.  There is no use in thinking after the time has passed.  Every age has certain demands.  The right time to invest and earn is when people are young.  After getting old it becomes very difficult to invest or earn.  So everyone should make good use of the time they have.  Many people will not understand where to invest and how much to invest when they get old.  But it can be considered prudently at a young age.  So you should think about securing your future by earning and investing without regretting at the last age.

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May 01, 2024, 02:17:03 PM
 #126

Investment is something that everyone needs, because by having investments a person can get good profits which they can use in their old age. Investing is a good thing, because we don't know what conditions will be in the future, especially for older people, where as they get older, their health will become increasingly compromised and this will limit their ability to make money. At least having an investment can make someone calmer, because when there is something urgent or other important thing, they can use the investment to cover it.
If you don't invest, people will start getting poor day by day due to inflation of money, and investing is capable of giving huge profits besides maintaining the value of money. so in life it is mandatory to be financially very strong to invest. And now we have various things to invest in such as gold, silver, real estate, business, land, bitcoin etc. all these are strong investment assets. If you invest in them, you get a lot of profit along with keeping the value of money correct over time.

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May 01, 2024, 03:12:45 PM
 #127

We should make some arrangements in advance for our future lifestyle. When we have time we do not value time, we leave the matter through neglect. Not only will you grow old in the future but you can face any kind of accident at any moment, so you should save money as soon as you have the opportunity, whether it is for the tomorrow. There are various mediums to save money but currently one of the most popular mediums for investment is Bitcoin. It's your personal decision where you invest or not but I think investing in Bitcoin with proper analysis from now to future will lead to a comfortable future life.
The main thing if someone wants them to invest is how they can stabilize their economy first, If they don't have an income every day, I think it will be difficult to invest even though their life or lifestyle is frugal. It's not that they don't value time, it's still a very difficult reality to change in their lives.

The mindset of people in the lower middle class and upper middle class certainly differs in their mindset when it comes to investing. If someone is upper middle class, at least they will definitely think about this, whether it's maintaining their health with insurance or protecting their assets for their or their children's future through investment.

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May 01, 2024, 05:11:27 PM
 #128

People should think about the future to have time.  There is no use in thinking after the time has passed.  Every age has certain demands.  The right time to invest and earn is when people are young.  After getting old it becomes very difficult to invest or earn.  So everyone should make good use of the time they have.  Many people will not understand where to invest and how much to invest when they get old.  But it can be considered prudently at a young age.  So you should think about securing your future by earning and investing without regretting at the last age.
Knowledge is power and those who're able to have it at their younger age, enjoys a better life when they grow old, because if anybody fails to plan for their old age when they're younger, they'll live in regrets in their old age. One of the best investments that anybody can go into is Bitcoin, but many people still don't know this, they will be investing in scam projects and others will simply squander all their earnings at young age, forgetting that old age will come when they won't have the energy to work and think productively.

Bitcoin is better when held for the long term, and the holder needs a steady source of income to be able to continue hodling it, otherwise they'll be compelled to tamper with their Bitcoin investment nvestment funds.

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May 01, 2024, 08:38:31 PM
 #129

Lol.

If you care with your health, you need to get health insurance, not invest. No one can predict the future, if you have a high paying job and never had serious disease during the time you accumulate Bitcoin, that's good.

But, what if you're sick when you only work after six months? you didn't even have a good amount investment, while health insurance, even you're sick a day after you obtain the health insurance (depends on the insurance), it might cover all of the bills.

One should always try to invest their incomes or profits made from their trades and other businesses. It does not only helps you when you're sick and need to offset your bills but also assist you to attend to emergencies that are beyond control such as force majeure. Everyone's health is their life asset and there is no single asset that is as crucial to anyone out there as the health and this is why there are more interesting Healthcare insurance schemes widespread across the world like the Healthcare Contributory Scheme established and encouraged people to use of it. So, in short, investing in your health care insurance will only make you to save your money

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May 01, 2024, 08:54:18 PM
 #130

One thing you can't do after you are no longer productive in making money, is go back to the past to correct all the mistakes you have made. Ignoring financial advice is your biggest mistake and will cause regret in the future when you don't have anything when you need it. If you care about a very good future without financial problems, start investing now. There is no need to determine the amount, as long as you do it consistently over a long time, you will get better facilities in the future.
This is true and if you ask some veterans on what they'd do now that don't live a well life, they'd say to invest as early as you can.

Time is important and we can't go back to the past to correct ones and if there's a moment of correcting our mistakes in the past, the right time is now.

Being financially free also depends on how decided we are and if we're taking advises of other people that have gone through their lives and shared their life lessons on how to avoid being broke in the future.

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May 02, 2024, 11:06:01 AM
 #131


One who doesn’t plan is one who has planned to fail they say. No one will ever plan something bad for themselves but, an absence of a good plan, is something bad or not very acceptable having to plan for you. Either way, there is always a plan and the thing is, it’s either you offset that plan or it goes ahead to work against you.

We all feel a pressing economy no matter where we find ourselves on the world planes today. It might be more in some places than others and that’s normal but, even in all these, a few people still find living much easier. These are the persons to have planned themselves for a time they do not know.
Some of these persons happens to be early investors into Bitcoin. As much as most persons might regret to have not taken steps when the price was around what we use in purchase of a cookie or perhaps mine it for free using whatever computing device we’ve got, it’s always not worth regretting. That’s because, you didn’t know any better. What matters is always what your doing now.

Either your buying or just watching price play around on the charts. While the first might be beneficial, the later is what you shouldn’t be doing.
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May 02, 2024, 11:56:28 AM
 #132

Investment is something that everyone needs, because by having investments a person can get good profits which they can use in their old age. Investing is a good thing, because we don't know what conditions will be in the future, especially for older people, where as they get older, their health will become increasingly compromised and this will limit their ability to make money. At least having an investment can make someone calmer, because when there is something urgent or other important thing, they can use the investment to cover it.
With the situation and what we are going through, and the situation of jobs and what they are paying is no longer sustainable, the only option i see to get a better life now is to invest, or consider other side hustle that you can. The economical situation of the country is not helping and if organization are also affected and some of them have to let most of there staffs go because they can afford to pay them any more and the relevance for human labor is gradually losing value.

Early investment is also good because you will always have Something to fall back on, even when you don't have anything to do then your profit can keep you sustained, even as a retirement plan investment is always an option. The investment will provide you with profits and that is whole purpose of the investing.

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May 02, 2024, 12:10:10 PM
 #133

You should not just invest because you are hoping that when you eventually get sick, you can sell out your Bitcoin and use the money to treat yourself. Your health should be well taken care of even while you're still buying your Bitcoin cause there are better things to use the profit you get out of investing into Bitcoin for. While you're making plans regarding which amount should go into Bitcoin and which should serve as your emergency funds, it's best you also include a portion to take care of your health or if you wish to, the health insurance scheme is available for you to enroll in. When it comes to your health, it deserves an higher attention above almost all the other aspect of your life because any negligence on it directly puts you in a post where your investment becomes worthless.

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May 02, 2024, 02:26:24 PM
 #134

Our ability to think timely is dependent on our foresight i.e. how prudent we are to plan realistically for our future. Because not everyones background is the same and not everyones skills are ever the same. So anyone can plan their future from anywhere depending on their skills and use the present time to invest. I mean it is not like everyone will invest in Bitcoin or invest in cryptocurrencies. For example suppose a person has very little skill in investing in cryptocurrencies but is very skilled in investing in land property or feels comfortable investing in land property. But yes for those who are involved in cryptocurrencies now is a very good time to invest here.

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May 02, 2024, 02:33:36 PM
 #135

I regret it when I think about it. $300 per Bitcoin, I was there. I've been in this forum too when that cheap price is available to be bought. Even my colleagues at that time were thinking about buying it, I just don't know if they still have it now. I mean, there have been a lot of pumps and dumps that happened and I am sure some of them got scared and sold it. There may be profits but it is not as big as if they sell it now.

It's true, we must plan our retirement. Financially, we might not even have the strength to make some money and so we must leave something in investment so we may reap our rewards in the future. Any amount would suffice because I am sure that Bitcoin will someday be more valuable. I started it a few years ago and I don't really want to check it yet. I just kept on sending money to that one wallet and hoped it would become more valuable someday.

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May 02, 2024, 03:14:35 PM
 #136

I regret it when I think about it. $300 per Bitcoin, I was there. I've been in this forum too when that cheap price is available to be bought. Even my colleagues at that time were thinking about buying it, I just don't know if they still have it now. I mean, there have been a lot of pumps and dumps that happened and I am sure some of them got scared and sold it. There may be profits but it is not as big as if they sell it now.

It's true, we must plan our retirement. Financially, we might not even have the strength to make some money and so we must leave something in investment so we may reap our rewards in the future. Any amount would suffice because I am sure that Bitcoin will someday be more valuable. I started it a few years ago and I don't really want to check it yet. I just kept on sending money to that one wallet and hoped it would become more valuable someday.
And if we look at Bitcoin's footsteps, Bitcoin is an excellent investment for the future or in old age where we can no longer be productive or enjoy old age without doing work and having financial comfort.
And we still have the opportunity to learn from past mistakes because I also felt the same way, that at that time the price of Bitcoin was still very cheap and it was very affordable to get large amounts of Bitcoin. And for a decade and a half Bitcoin showed extraordinary performance and if we had the ability to hold Bitcoin for that long maybe we would get extraordinary profits, but that is just wishful thinking and we can start now and learn from the past that in the future The future Bitcoin's future will be as valuable as the decade and a half that has passed and even more valuable.
So now is the opportunity to invest in Bitcoin for the next ten years which can be done in various ways to be able to accumulate Bitcoin that we will enjoy in our old age, and maybe in the next 10 or 15 years we will be old and we have to prepare ourselves from now so that when we are old we will feel comfortable and financially secure.
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May 02, 2024, 04:19:43 PM
 #137

But there are also people who work and continue to pursue the career they want so they don't prioritize their family relationships, even their own children, which of course can have an impact on their children who lack love and attention. Of course it's better to be able to balance time for work or financial pursuits as well as time to gather with family, because even though they need money it doesn't mean they have to forget or ignore family. Of course family is the most valuable asset, in fact I think if their relationship is destroyed, they have money. That much doesn't guarantee that they can improve their family relationships.

when they can balance their time with work and family, I think they can continue working because I think gathering with family is one way to relieve fatigue and maybe it can also be an encouragement to work and earn money to save or invest. I agree with you, of course we should not be unable to enjoy life, investing or doing business must still be possible while enjoying life.

Every behavior that people do will be rewarded appropriately and when they ignore their children and wife because they are too financially motivated, this will have repercussions in the future.
Seeking wealth is not a problem as long as they do not neglect their family and are able to control their time between work and time with family.
Children and wives also need love from a husband and if they are ignored, they will look for other happiness. Working hard is important so that family life can be better, but family priorities must also be prioritized so that happiness is always present in the household.

Managing time and balancing all our busy lives in a much better way will make it easier for us to divide our time.
Spend time with your children and wife at home when you are not too busy outside so that our fortune will increase and if the prayers of the people at home are good then our fortune will go much smoother.

I agree with you, of course we should earn money to meet our own needs or the needs of our family, but don't let us get so busy making money that we forget about our family, after all, even when we are in a bad situation, our home is to our own family. even though we already have a partner. Paying attention to family is a must, because after all they are the ones who support us. When we have money we have to be able to manage it well, most people cannot manage their finances well so some of them experience financial problems.

saving or investing the money you have is one way to manage your money well, we have to be able to think about how to manage our finances well. Preparing for the future must be thought about from now. Therefore, if you already have a job that makes money then we should save or invest it, maybe everyone can save but not invest, if you really want to invest, of course we have to have a good understanding to be able to make a good investment so that there are no losses. , don't invest without any knowledge about investment because it might be the same as wasting money.

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May 02, 2024, 04:49:05 PM
 #138

Investment is something that everyone needs, because by having investments a person can get good profits which they can use in their old age. Investing is a good thing, because we don't know what conditions will be in the future, especially for older people, where as they get older, their health will become increasingly compromised and this will limit their ability to make money. At least having an investment can make someone calmer, because when there is something urgent or other important thing, they can use the investment to cover it.
But not every investment will bring you profit without risk, and that is the reason why many people hesitate to invest because they do not want to take risks or accept risks. I agree that investing is a good thing, but it will depend on the assets you invest in, not all assets. If you invest in stocks, foreign exchange, bitcoin... which are all considered high-risk investments because of volatility and unconfirmed futures, you need to consider the risks you face. If you invest in gold or real estate, which are considered safe assets, a safe haven, you will feel somewhat more secure. Therefore, choosing assets to invest in is also very important.
In addition, diversification is also a good thing to do. Diversifying your asset portfolio is something we must not ignore because nothing guarantees us 100% safety.

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qwertyup23
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May 02, 2024, 04:54:33 PM
 #139

As a rule of thumb, only invest the amount that you are willing to lose. Sure, there are people who have taken advantage of the price of BTC when they acquired it back in 2015+ but do remember that it really takes a strong-willed person to HODL that amount of money until today.

Investments are still currency and money. If there are any medical emergencies that need financial support, then do not hesitate to use your investments as payment to any healthcare or emergency that you may encounter. While I do agree that there may be regrets, always remember that investments are there to give you at least some sort of security in terms of payment to emergencies.

At the end of the day, bitcoin will be there to stay. Take advantage of the halvings and its price jumps. Before you also invest, always check the market, world news, and other factors that may affect its price. Investing in bitcoin will NOT guarantee you positive returns but it will at least give you an opportunity to take advantage of its price increase to turn it into your favor.
legendbtc
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May 02, 2024, 05:49:20 PM
 #140

I regret it when I think about it. $300 per Bitcoin, I was there. I've been in this forum too when that cheap price is available to be bought. Even my colleagues at that time were thinking about buying it, I just don't know if they still have it now. I mean, there have been a lot of pumps and dumps that happened and I am sure some of them got scared and sold it. There may be profits but it is not as big as if they sell it now.

It's true, we must plan our retirement. Financially, we might not even have the strength to make some money and so we must leave something in investment so we may reap our rewards in the future. Any amount would suffice because I am sure that Bitcoin will someday be more valuable. I started it a few years ago and I don't really want to check it yet. I just kept on sending money to that one wallet and hoped it would become more valuable someday.
I've heard thousands of regret stories about people selling bitcoin too early, and you're not the only one, you're just one of thousands of people who made the same mistake. So, there is no reason to regret selling bitcoin for $300 or $1000 as long as you made a profit and it helped you at the time. Don't forget that the future is unpredictable and even satoshi never thought that bitcoin could become as successful and valuable as it is today. Furthermore, it's not too late to start again. Even though bitcoin prices are higher than they were 10 years ago, in the long run we are still very early compared to many.

What I'm thinking is, will you confidently and courageously hold bitcoins for the next 10 years or will you sell them one day when bitcoins are dumped? Because holding bitcoin is not as simple as we say, it will be an extremely arduous and difficult journey.

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