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Author Topic: It's better to invest now than to regret it in a hospital bed.  (Read 1323 times)
Mahanton
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April 21, 2024, 09:54:12 PM
 #41

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.
It’s certainly a good motivation to start investing while you are young and is highly able to, but that does not mean that you will also prioritize making money and make your health as your second priority. Health is wealth as well so it should be given the highest regard more than any aspects.

However, I also get what OP’s main concern. Don’t just wait for your health to deteriorate and see your talents and skills go vanish without using them. If you can invest now, then do it now. Start while you are young so you can make the best of it and just completely enjoy your old age.
Always think up ahead and never ever make yourself that being confident that you could really be earning forever or having that good body condition because everything on this world would really be temporal
or something that could age. This is why it would really be wise that you should be making up that back up plans for whatever bad conditions that could happen. We should really be that getting prepared for whatever
that we are really that trying out to do because there's no such thing about permanent into this world on which it would really be best that you should really be considering on trying out to establish yourself for the better.

Dont let yourself that getting that huge regret just because you have missed out on doing something earlier. Regrets do always come at the end and not on the beginning.
This is why you should really be that wise on trying to find or look on whats the best approach and actions that you should be making so that you would really be able to avoid those unfortunate conditions.
We are hoping for the best and this is why it would really be normal that you should be acting out on whats appropriate.

R


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April 21, 2024, 10:17:29 PM
 #42

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.
It’s certainly a good motivation to start investing while you are young and is highly able to, but that does not mean that you will also prioritize making money and make your health as your second priority. Health is wealth as well so it should be given the highest regard more than any aspects.

However, I also get what OP’s main concern. Don’t just wait for your health to deteriorate and see your talents and skills go vanish without using them. If you can invest now, then do it now. Start while you are young so you can make the best of it and just completely enjoy your old age.
Do it both, being able to explore crypto currency investment and at the same time building up yourself or taking care of yourself. Honestly, these days I'm noticing the changes in my body. I'm getting more body fat as I'm doing stress eating because of stress from my everyday work and other side hustles like investments, especially in bitcoin and other associated with bitcoin. But as I notice what's happening to me, I want to change and become healthy again like I used to be. That's why now I'm doing my best in order to revert my old body state and also focus on more investment while having a healthy lifestyle.
OP is very right about exploring investments while you are still young, because what's happening in society right now is that the inflation rate keeps on getting higher, so it's better that you have some extra income so that you can still live the way you want to.

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April 21, 2024, 10:24:57 PM
 #43

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.
Not a bad advice but one that is hardly followed, most people that I know live in the now and do not care about anything which goes beyond the current month, so any activity that requires long term planning will be foreign to them, and investing is one of those things that do not suit most people, as even if they understand the benefits of investing, they will always find an excuse about why they cannot start now, and it is not until decades have passed and they have invested no money that they realize they have to do something, but at the time there is not much they can do anymore.

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April 21, 2024, 10:43:27 PM
 #44


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.
Bitcoin creates an opportunity for everyone to invest in it, but as an investor in the long run, you also need to be able to consider other forms of investment after your investment in bitcoins has matured enough for you to diversify. You can invest in knowledge to try to learn other ways to benefit from bitcoin, like trading and mining, etc.

The higher your knowledge, the better your investments and the better your opportunities. An individual who dedicates their life to investment will enjoy relaxation and enjoyment in old age.
It’s not really necessary to invest immediately with bitcoin. You can start investing with other small investments and when you think you have earned quite well, then proceed to your goal which is bitcoin. But prior to that, know first bitcoin well and all its risks. You won’t still be successful and profitable if you never invest in your knowledge first.

While bitcoin can make big changes in your life, but that will also happen if you have a healthy mind and body. So invest in bitcoin, and invest in your health as well in order to make continuous gains.

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April 21, 2024, 10:52:45 PM
 #45

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 insurance does not work or follow the rules and regulations everywhere. There are given some relaxations in different countries considering the law there. And speaking of my country I would prefer to invest rather to have a health insurance, because I have seen cases where the insurance company is not realsing or giving funds to the patients, they are making excuses and I have seen cases where they even eat up all the funds and made excuses to not give a single penny.

In opposite to this, if a person would have invested in BTC and have kept all the funds by himself, and even have accumulated BTC by doing DCA over the period of 30 years max, he would have enough funds to cover the health funds. But yeah, I must have to admit is, if everything goes right with health insurance, we should have it, but don't rely on it totally, invest too also.

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April 21, 2024, 10:56:40 PM
 #46

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,
The truth of the fact is that not everybody who invested in Bitcoin 10yrs ago are all millionaires or Billionaires by today, simply because not all were able to hold their Bitcoin til this day, and as such I don't see any reason why anybody should be worried why he/she wasn't opportuned to have invested in Bitcoin 10yrs ago, but rather strive to have a plan how to buy today and hold till next 10 from today, because for the fact that Bitcoin was able to skyrocket that high for the past 10yrs, means it still has great potential to skyrocket more higher in the next 10yrs. Hence, it's advisable people buy and HODL a sum they can always afford to forget for a very long time.

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April 21, 2024, 11:22:28 PM
 #47

Everyone expected Bitcoin to reach 100k after the Bitcoin halving but expert still believe that Bitcoin will not reach 100k and even if it does It will b next year on even next. Maybe year.
Yeah, obviously bro!
Beyond any doubt, it is true that Bitcoin will not hit the 100k target in the upcoming few days or even months because for the 100k target Bitcoin still has a lot of work to do, like needing more volume. Despite Bitcoin halving has just happened and people are just starting to take Bitcoin seriously, they may be reluctant to invest further. Similarly, taking all these aspects into consideration, I believe that Bitcoin will have to bring more hype to reach 100,000, which is its healthy correction. By which his movement will gradually dominate his resistance, and the bull player will continuously cover his targets step-wise, which is 100k. 
 
What is meant is that you are right to say that Bitcoin cannot pass a pass a straight-forward $100,000 test yet, some months like up to next year, are required for Bitcoin to reach its target. Now first Bitcoin has to break its sideways narrow channel, but after that, 69.2k, and after that, 72.3k, which is very critical resistance for Bitcoin until it reaches its ex-all-time high means after that the path is a little bit clear. Bitcoin straight forward can reach 80k–82k. But anyway Halving has happened now, let's see what happens.

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April 21, 2024, 11:32:39 PM
 #48

I don't think that those who bought Bitcoin have been expecting that it's going to go far as much as it is right now. Most of them have held for a long time and probably forgotten it somehow but they've still held and they deserve the profit that they're about to enjoy whether we're in a bull run or not or even a huge dump comes because they've started with a capital that's low. As for your health care, it's important to check yourself once in a while and see if you're still doing good, eat a balance diet and don't just go crazy with investing in Bitcoin. Take care of yourself still.

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bangjoe
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April 21, 2024, 11:38:22 PM
 #49

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.
The goal is good and we must see the future well, preparing ourselves for whatever might happen to us in the future to us or our families is a wise step as humans,. taking investment steps in youth is an action that 90% of humans rarely do, so I am very confident that the future with bitcoin will be brighter, and even if we are old and sick, when we have bitcoin savings I think we can get through everything very well.

My personal view is that fluctuations in bitcoin are a fairness in global assets that are open for 24 hours and are sensitive to global economic issues, so if you don't have the courage and trust in bitcoin you will only benefit those who buy when the decline and save it for their future, meaning that in investing there needs to be a strategy, there needs to be the ability to undergo investment.

The disease is unpredictable, but we can prevent it, start nowBTC.

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April 22, 2024, 12:26:28 AM
 #50

The goal is good and we must see the future well, preparing ourselves for whatever might happen to us in the future to us or our families is a wise step as humans,. taking investment steps in youth is an action that 90% of humans rarely do, so I am very confident that the future with bitcoin will be brighter, and even if we are old and sick, when we have bitcoin savings I think we can get through everything very well.

It is because most human are struggling with their daily finances.  One can't invest on anything if they are deprived of good income.  So before anything else, one should establish his source of income, get extra money from it, save and in due time invest in a venture where he thinks he excel.  Investment in Bitcoin should only be a mandatory option from the many and not a priority.  The early years of 1000x to million times profit is already over for the Bitcoin market so one should not be in FOMO.  Today in Bitcoin If one wants more than tenfold or a hundredfold profit, he needs to wait for a decade or more.  So after establishing our source of income, we can DCA on Bitcoin and do other investments for diversification.


If one is too concerned about his future medical bill, why not get health insurance, it is the direct option that can help solve health expenses in the future.  But if one wanted way beyond that, get into Bitcoin investment, DCA and hold until it satisfies our desired profit.

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tottong
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April 22, 2024, 03:10:23 AM
 #51

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.

Life needs to be planned in such a way and a good life cannot be achieved without thorough preparation. Some people have seen how bitcoin has become one of the best investments and people are starting to make big plans and steps for the investment process.
It's never too late as long as we want to start and today will be the first step for anyone who is new to investing.
Bitcoin investment is good for the long term because we can see the value continue to grow over time. All you need to do is be consistent and keep trying to buy bitcoin when you have a budget.

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April 22, 2024, 04:48:21 AM
 #52

I applaud you for your positive long-term outlook on investing in Bitcoin. But it is good to save for old age by investing in bitcoins but you cannot be sure where your bitcoins will be in that old age. You also need to think about how your life will go in the future and whether you should be completely dependent on Bitcoin.
Another important thing to consider is whether Bitcoin is accepted in your country. If Bitcoin is not legalized in your country, you will have to go to jail for illegal activities in your old age and it will be a big regret for you. So whatever you do you have to consider future security or else you will regret more in future for some wrong actions of present time.

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April 22, 2024, 10:07:17 AM
 #53

People who invested 10 years ago managed to get huge profits, especially if they could buy bitcoin at a cheap price. That clearly provides huge profits because they would never have thought that bitcoin could rise so high. Even though Bitcoin has not made a new ATH, the price above $70k some time ago was enough for them to make big profits. But those who didn't invest or invested too late in bitcoin regret it because they didn't want to accept bitcoin and underestimated it. But for now, we still have the opportunity to start investing in bitcoin. Better late than never.
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April 22, 2024, 10:52:40 AM
 #54

Another important thing to consider is whether Bitcoin is accepted in your country. If Bitcoin is not legalized in your country, you will have to go to jail for illegal activities in your old age and it will be a big regret for you. So whatever you do you have to consider future security or else you will regret more in future for some wrong actions of present time.

An investor should consider all the factors before investing in Bitcoin. Yes, it is very important to think about how much privacy you can maintain if Bitcoin is illegal in a country. Just because Bitcoin is illegal in your country doesn't mean you can't invest. Of course you can invest in Bitcoin even if Bitcoin is illegal in your country, but you must maintain your privacy. If you can't protect privacy then you shouldn't invest in Bitcoin. Before you invest in Bitcoin, you must know about the risks of Bitcoin. However, those who haven't invested yet are going to regret Bitcoin in the coming bull run.

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April 22, 2024, 11:30:29 AM
 #55

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.
²

At least one of the regrets someone would have in a hospital bed is the failure to invest and take full responsibility for one's financial life.
Additionally,it's all about making the right choices and taking the adequate steps/actions at the right time.
Most times,people waste most of their youthful age on irrelevant activities.Young people are supposed to secure a powerful,effective and active financial life.Its more like inculcating good morals and habits from a tender age.

In conclusion,at a young age,you should endeavor to take more valuable risks for your financial life in the future,in as much as you're young,investing while you're young is a good decision in making assets work for you;the earlier you start,the better for you.

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barisbilgili
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April 22, 2024, 12:58:07 PM
Merited by boty (1)
 #56

At least one of the regrets someone would have in a hospital bed is the failure to invest and take full responsibility for one's financial life.
Additionally,it's all about making the right choices and taking the adequate steps/actions at the right time.
Most times,people waste most of their youthful age on irrelevant activities.Young people are supposed to secure a powerful,effective and active financial life.Its more like inculcating good morals and habits from a tender age.

In conclusion,at a young age,you should endeavor to take more valuable risks for your financial life in the future,in as much as you're young,investing while you're young is a good decision in making assets work for you;the earlier you start,the better for you.
This should be the case, at a young age you must be willing to make sacrifices to think about the future, for example investing and doing new things that will make it possible to be better in the future.
If we don't take risks then we won't get anything, and this is rare among young people today, they are afraid to get out of their comfort zone so there is nothing they can do other than follow the trends that exist among them.

In fact, there is a slight difference between investing when you are young and regretting being in the hospital in old age, because sometimes there are people who don't invest but they have insurance for health or other things.

I'm sure everyone is aware that investing will make life easier or profitable in the future, but not everyone can do that for various reasons or because they don't have the courage to leave their current comfort zone, that's actually what needs to be changed, the mindset.

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bangjoe
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April 22, 2024, 01:16:25 PM
 #57

The goal is good and we must see the future well, preparing ourselves for whatever might happen to us in the future to us or our families is a wise step as humans,. taking investment steps in youth is an action that 90% of humans rarely do, so I am very confident that the future with bitcoin will be brighter, and even if we are old and sick, when we have bitcoin savings I think we can get through everything very well.

It is because most human are struggling with their daily finances.  One can't invest on anything if they are deprived of good income.  So before anything else, one should establish his source of income, get extra money from it, save and in due time invest in a venture where he thinks he excel.  Investment in Bitcoin should only be a mandatory option from the many and not a priority.  The early years of 1000x to million times profit is already over for the Bitcoin market so one should not be in FOMO.  Today in Bitcoin If one wants more than tenfold or a hundredfold profit, he needs to wait for a decade or more.  So after establishing our source of income, we can DCA on Bitcoin and do other investments for diversification.
Of course to make an investment, it is necessary to do money to do it, therefore it is important for us to have income that can at least be sufficient and can save us, without it, it is difficult to make investments, because in fact investment is to save or multiply money in the long run, of course, must have Money first to make investment, yes this should not be FOMO need a strategy in doing so and good mental power in crossing rain and heavy winds, DCA is the solution for this.

If one is too concerned about his future medical bill, why not get health insurance, it is the direct option that can help solve health expenses in the future.  But if one wanted way beyond that, get into Bitcoin investment, DCA and hold until it satisfies our desired profit.
We can only withdraw or use health insurance when we are sick, the money we save as health funds can be withdrawn, while in bitcoin we can use the money we collect not only for health funds, maybe if we want to use it for business and others we can take and use it.

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April 22, 2024, 01:29:23 PM
 #58

People who invested 10 years ago managed to get huge profits, especially if they could buy bitcoin at a cheap price. That clearly provides huge profits because they would never have thought that bitcoin could rise so high. Even though Bitcoin has not made a new ATH, the price above $70k some time ago was enough for them to make big profits. But those who didn't invest or invested too late in bitcoin regret it because they didn't want to accept bitcoin and underestimated it. But for now, we still have the opportunity to start investing in bitcoin. Better late than never.
One thing that is needed to be successful in investing is patience, if you have invested in Bitcoin 10 years ago, but if you are not patient then the profit will not be maximum because you sold it during the bull run four years ago because you were in a hurry to enjoy the profit, even though if you kept it more longer, the greater the profit you will get.
It was proven that in the beginning there were people who wasted Bitcoin by not saving PK properly and I remember someone who sold some of his Bitcoin to buy a motorbike and at that time the price of Bitcoin was still only a few hundred dollars.
However, investment is very important and should be done as soon as possible because the sooner you invest, the better it will be for your economy.

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April 22, 2024, 01:54:01 PM
 #59

Don't wanna virtue signal or whatever but there are just some cases where investing just wouldn't be possible. People who are living paycheck to paycheck, employees who are supporting more than one family member/breadwinners of the family to be exact.

These are cases wherein people can't just afford to take the plunge and risk money they could've spent to support their family. The fact alone that they could lose this money and risk starving the people they are supposed to support is something that they just can't put up to the test, even if the upsides are there and the benefits far outweigh the cons.

Having the liberty to invest in whatever coin you want, or in every venture possible involves a little bit of privilege and luck. Some people couldn't do that shit even if their lives depended on it, while you're out here putting your money to memecoins and watching your whole portfolio burn itself to the ground lol.

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April 22, 2024, 01:54:57 PM
 #60

If you're invest in order to prepare for medical bills, then you need to see this.

Heart transplant cost you over $1 Million now how much money you can save every month? how long your investment will reach at least $1 Million?

There's a stats if only 1.2% global populations that have more than $1 Million, so you need to know if 98.8% can't even afford heart transplant cost.

No one know the future, better to prepare for the retirements, but don't forget to enjoy the life because life is too short, so find the middle point between saving vs spending. Crowdfunding is the best solution when someone had a serious disease.

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