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Author Topic: It's better to invest now than to regret it in a hospital bed.  (Read 2092 times)
Lidger (OP)
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April 21, 2024, 05:13:22 AM
Merited by 7juju (3), Littlemini (3), Rabata (2)
 #1

There are some things the importance of which we cannot understand until the time comes. Maybe we don't care about those things because we don't need them now, but when we need them, we will regret these things, but regretting them at that time will not help. Now maybe we have the strength of the body and the ability to work so now we can manage all the things but the strength of the body is not there for the whole life of the people or their workplace will not be there for the whole life. Since these are not permanent, we have to plan for the future in advance. Those who invested in Bitcoin exactly 10 years ago planning their future may have gotten a lot better from their investment today. But those who didn't plan their future at that time and invest in Bitcoin even when there was an opportunity are probably regretting it now. Like those who didn't invest 10 years ago and now regret it, we need to plan our investments now so that we don't regret it at some point in our age. 
Congratulations to those who have already planned to invest and those who have Bitcoin investments and hope you will hold your investment for long time but to those who are still planning to invest I would advise you to invest in Bitcoin even if you think about your future. If we can invest now thinking about the future then this investment will be very useful for us at a stage in the future which we may not be able to imagine now.

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April 21, 2024, 05:20:09 AM
 #2

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.

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April 21, 2024, 05:28:24 AM
 #3

I try to invest a small amount of money from my salary every month. I have experienced the gains of Bitcoin very well since 2018.
I wholeheartedly believe this is the best investment far better than others.
It's Not only invest for me it is my ecomic power and future shield.
arjunmujay
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April 21, 2024, 06:09:38 AM
 #4

keep investing appropriately. If you haven't started yet, then start now.
Note, you still have to first break down your basic needs, emergency funds, reserve funds, if you have taken all of that into account then you can allocate funds for investing.

investing in bitcoin is very good but keep in mind that crypto is very volatile and no one knows for sure what the price will be in the future. Don't, because now it's still the halving and bullrun period, you become very enthusiastic about investing but instead put everything aside.

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April 21, 2024, 06:49:58 AM
 #5

I think that the purpose of the OP’s post is that thinking about the future is better than living one day at a time. Although relying only on investments, I would call it a so-so activity. While we are young, we must earn a name, which then must bring money from the name. Making some profit and building your own business that will generate profit from it can be a good cushion for the future. But as for health, you should take care of it not when you begin to feel that it is deteriorating. However, I think the OP is young, his understanding is going in the right direction, and his investments will be able to provide him with a noble old age.

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April 21, 2024, 06:52:27 AM
 #6

The least regret a person would have in a hospital bed isn't about failing to invest in bitcoin. It is more of failing to build strong human relationships and friendships. There is no one who will be at their hospital bed and say to themselves I wish I had invested in bitcoin. Rather they'll say I wish I had fixed my relationship with my kids, my wife, my mother, father, brother and who ever they count significant in their lives. In my estimation the best invest one can make in their lifetime is in humans.

Investing in bitcoin is great but it cannot take care of you while you are in the hospital bed. It cannot visit you or buy you flowers. In conclusion, invest in bitcoin but also invest in humans too.

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Z390
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April 21, 2024, 07:30:27 AM
 #7

I understand what you are saying or trying to say.

Some people are making money but thats all about today, tomorrow isn't on their menu to plan for.

Like I know some people who are so broke today and in the past years they are living the dream, but living the dream when you are working under a company thats not your own is a huge mistake, they can stop you at any time.

So while making those money, you must always think about the future, investment is a good way to secure a less hard future for yourself and your family.

Because no one can predict the future is even the main reason why you must not joke with your future, you can get sick and need a lot of money to heal yourself, your investment could save your life, I read on this forum how someone used his Bitcoin investment to save his life or family's life I can't remember again, but if he never took investment seriously bad things could happen.
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April 21, 2024, 07:55:10 AM
 #8

The least regret a person would have in a hospital bed isn't about failing to invest in bitcoin. It is more of failing to build strong human relationships and friendships. There is no one who will be at their hospital bed and say to themselves I wish I had invested in bitcoin. Rather they'll say I wish I had fixed my relationship with my kids, my wife, my mother, father, brother and who ever they count significant in their lives. In my estimation the best invest one can make in their lifetime is in humans.

Investing in bitcoin is great but it cannot take care of you while you are in the hospital bed. It cannot visit you or buy you flowers. In conclusion, invest in bitcoin but also invest in humans too.
Exactly. This is very true . Op is taking Bitcoin too far by relating it with regret on a sick bed. Just like you mentioned, the biggest regret a person would actually have on his sick bed is the kind of wrong turn he had in life. Probably he didn't take family seriously or he lived a careless life. Regretting about Bitcoin is possible but mentioning a sick bed regret is just too extreme.
Bitcoin investment is not a die hard affair. Not everyone can or must invest in bitcoin .It is very possible to excel in other investment plans excluding Bitcoin. The only difference is that Bitcoin is one of the easiest and safest investment plan therefore it is easier to start and manage. Plus it doesn't require any advanced knowledge for a start either.
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April 21, 2024, 08:07:58 AM
 #9

Those who invested in Bitcoin exactly 10 years ago planning their future may have gotten a lot better from their investment today. But those who didn't plan their future at that time and invest in Bitcoin even when there was an opportunity are probably regretting it now. Like those who didn't invest 10 years ago and now regret it, we need to plan our investments now so that we don't regret it at some point in our age. 

There is a sarcastic saying that this philosophy of yours reminds me of "It is better to spend your whole life as a rich person than seven days in poverty".

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April 21, 2024, 08:26:12 AM
 #10

It's like there's no need to express your opinion that you're right or I'm wrong here, we all have freedom of choice and the opportunity that has happened that not everyone has access to it reflects true nature means.

If you think the opportunity with a plan to access bitcoin is great then simply go for it, to me it's not just about the opportunity imagined in the mind but it also comes with risks. I wasn't the first person to know about bitcoin, but it was enough for me to learn the fact that it's not perfect. Opportunities are many, both short-term and long-term, they appear when we take advantage of our close friends' knowledge to apply and accomplish the desired goals, but still want to express that this place is not for us. all and few people are comfortable with the plan they build.









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April 21, 2024, 08:42:06 AM
 #11

Bitcoin investment is not a die hard affair. Not everyone can or must invest in bitcoin .It is very possible to excel in other investment plans excluding Bitcoin. The only difference is that Bitcoin is one of the easiest and safest investment plan therefore it is easier to start and manage. Plus it doesn't require any advanced knowledge for a start either.

I relate the Op thread to FOMO. Definitely, there is this feeling of missed opportunities especially when you see others benefiting from what you didn't invest in but regretting on sick bed is what I don't understand from his post. The suppose thought running on someone's mind on sick bed is how to regain health and not the failure to invest. Why will anyone still be worrying about what you are about to leave behind for the next of kin? That's incredible.

Perhaps, everyone is living in regret now for not investing in bitcoin based on Op perception. Bitcoin is not the only thing you can invest in, there are several other investments opportunities out there. In fact, it's even better to start with traditional investment than bitcoin if you're too scare of the risk because bitcoin requires some knowledge that you will need to do your own research for proper understanding.

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April 21, 2024, 08:51:22 AM
 #12

The future of Bitcoin is very good as it has remained faithfully in the market for a long time. You notice when this bitcoin hit the market the price was very low and those who invested then became big whale investors from investors today. So there is still a chance that the price of Bitcoin may go higher in the future. So when you have the desire and the accumulated money you should definitely invest in Bitcoin. And for a person who has no savings and is in a job, the best way to buy bitcoins in DCA method for future is to have extra money after excluding monthly household expenses. So in any way any investor can invest Bitcoin by adopting these two methods it will get huge benefits in future. But I think investing in Bitcoin with DCA method is definitely possible to get good success.

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PrivacyG
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April 21, 2024, 08:56:59 AM
 #13

I think that the purpose of the OP’s post is that thinking about the future is better than living one day at a time.
It is an extremely double edged situation.

You can invest long term and NOT live your day to day life at the maximum.  Then reach 60 years of age and finally live the best of your life.

But by the time you start enjoying your money.  You will be already having health issues most likely.  You may not be able to fully enjoy your life as you wish you could.

Still, this is the good side of the story.

What if you invest long term and NOT live your day to day life and then you find out you have only a few months or years left to live.  Or you get into a car crash and die or get paralyzed.  Or many other unfortunate events.  Is investing long term worth it then?

Destiny and luck plays a HUGE role too.  It is just that unfortunately there is no way you can know when life ends.  What I know however is that I would not think about my investments on the death bed.  I would think of the suffering of my family and how I would never be able to see them again.

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April 21, 2024, 09:16:23 AM
 #14

I dont understand some of the things here, I mean for sure in the end we are all going to die whatever happens, but the way I understand what you are saying here is you should invest on Bitcoin before its to late or before you die, Doesnt make sense to me I guess, it's pretty basic because for sure if wanted to save for the future, it seems like you wanted to have some kind of health insurance, I mean that was pretty easy for sure as long as you have a job you could probably easily get health insurance just to be insured if you have issues when it comes to your health you will have the insurance to pay for it.

Bitcoin surely is going to be a huge investment I mean that was pretty simple for sure if you wanted to have some something for your future then invest in your future, and one of the ways that you could do is invest on cryptocurrency or Bitcoin, It doesn't really matter you could invest on other investment for sure as long as you are investing for your future it is still an investment it just a matter of how lucky your investment will be. Bitcoin is surely a huge opportunity, If I don't know anything about Bitcoin I probably will not be able to earn or buy anything that I've been able to buy right now. I just get lucky for sure, still, it's a risky investment so there are always chances that you might lose some money.

I would surely recommend learning right now so that you can start investing right away, I mean I'm not saying that you're going to regret it but it's a good opportunity in my opinion, if you're not going to take the opportunity then you're losing some how. If you want to earn a profit, then invest on it try it experience it, You could easily do Dollar cost averaging so the best time to start is right now.

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April 21, 2024, 09:38:02 AM
 #15

I try to invest a small amount of money from my salary every month. I have experienced the gains of Bitcoin very well since 2018.
I wholeheartedly believe this is the best investment far better than others.
It's Not only invest for me it is my ecomic power and future shield.


If Bitcoins are not legal in your country, then no matter how much you invest in Bitcoins, you will have hard times to cash it out. So in order to make your future safe, it’s ideal to invest in different items or diversify your investments. Buy insurance for your health, invest in real estates and stocks. These also prove great opportunities in the future. Bitcoins are great due to the independence it provide from the traditional bank, hence investing in Bitcoins to make the maximum profit should be our first priority.

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April 21, 2024, 09:50:09 AM
 #16

Bitcoin is a vote against governments printing money without your permission.  Smiley
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April 21, 2024, 10:18:28 AM
 #17

OP this post of yours once reminds us of saving for future and this post of yours reminds us of the importance of investing in Bitcoin. In fact we should value everything to have time because we may not be as young as we are today as we will grow old. So whatever we do when we are young we should save money thinking about the future or thinking about old age so that we can live a little comfortably in old age.

OP if you are regretting not investing in bitcoin then you should start investing in bitcoin properly now. Remember that Bitcoin is easy to invest in but may be difficult to hold because the crypto is very volatile. As per your mention those who invested in Bitcoin 10 years ago are on the verge of achieving their specific goals and success today. If you are able to invest Bitcoin from now and hold it for the next 10 years maybe you too will get your desired results.

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April 21, 2024, 10:24:43 AM
 #18

The golden rule will always be to invest using money that the person can afford to lose. If a person does not have money that he can afford to lose, then he should not invest. In the case of the bitcoin market, this rule is also valid. There are people who bought bitcoin 4 years ago and then saw the price drop a lot and had to be very patient in waiting for years for the price to rise a lot again and make a profit, for example those people who a few years ago bought bitcoin when the price was 69000$ and then the price of bitcoin fell to 15000$, these people had to wait many years until the price of bitcoin recovered and reached 69000$. and see that today the price of bitcoin is at $64,000 despite having managed to reach $73,000

people who bought bitcoin in 2021 at the top thinking that the price would continue to rise a lot:



They have been holding it for 3 years and have not yet seen a 2x profit, much less 50% at least. So imagine if these people who bought bitcoin in 2021 at the price of $64,000 were thinking that they needed to run and buy because they could make 10x or 20x profit like the guys who bought it 10 years ago, today they are seeing that even running didn't do anything, because they still They are not in profit even after 3 years. By this I mean that you cannot think that whenever you buy bitcoin the person will make a profit, and even if the person makes a profit, you cannot think that the profit will be much, it may be the case that the person buys bitcoin knife hold for 10 years and at most obtain a profit of 2x or 50%. Bitcoin is an investment that cannot be seen as a 100% guarantee of a large profit. As the years pass, it will become more difficult to obtain profits of 10x as 10 years ago


You're absolutely right; sometimes we don't realize the importance of things until it's too late. Our health and job stability aren't permanent, so it's wise to plan ahead. Just like those who invested in Bitcoin a decade ago have likely seen great returns, planning our investments now can pay off in the future.

If you're thinking about investing, consider Bitcoin as part of your future plans. Investing today could make a significant difference down the line, even if it's hard to imagine the benefits right now.

but a person should only invest money that he is willing to afford to lose and needs to be aware that he may only make a small profit even after many years of holding. It's important that people don't look at bitcoin as a get-rich-quick or guaranteed-rich scheme.

Bitcoin is a vote against governments printing money without your permission.  Smiley

Unfortunately, money printed by governments will always exist, that will never change. so people should use bitcoin not as a form of protest against governments, but rather as someone who likes bitcoin and believes that it is a good store of value and that he can pay for things he wants as long as they are possible

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April 21, 2024, 10:41:57 AM
Last edit: April 21, 2024, 11:11:36 AM by Luzin
 #19

I try to invest a small amount of money from my salary every month. I have experienced the gains of Bitcoin very well since 2018.
I wholeheartedly believe this is the best investment far better than others.
It's Not only invest for me it is my ecomic power and future shield.


Maybe everyone who understands crypto, understands what to plan. Because indeed Bitcoin has provided evidence in several periods its value is always growing. In terms of value, maybe Bitcoin investment is very good. But you must understand the risks. You must understand the instability that can make your assets worthless in a short time. So you need to do proper management, this is so you don't regret it.

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April 21, 2024, 11:51:52 AM
 #20

Health and wealth have similar meaning and sometimes complex to understand cause most people think being rich can settle every health problem, also difficult to understand like the saying health is wealth. Investment cannot necessary determine your health condition in the future cause sometimes you'll have to settle the basis before thinking of investment. Health issues can hinder an investor from investing, I've seen situations when wealth can't necessary save someone from a health challenge except op is referring to investing now when it's not too late, invest now when it's not late should be channeled with bitcoin price not health issue. From now till the next 7 or 10 years what will be the price and the growth, I don't know cause no one can predict concerning the future but an investor can invest with full assurance. It's obvious people who planned their invest several years ago they're benefiting, I think the major point when it comes to bitcoin investment is sacrifice, if investing for future use investors should learn to put their health first before investing like knowing the needful first so it can enable an investor invest without withdrawing their bitcoin. Remember when investing for future use we're talking about the long term plan and most people lack the resource for long term plan but for those investor who still use the dca strategy should make good planning

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