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Author Topic: Force with myself Bitcoin Investment or flexible Investment.  (Read 699 times)
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December 16, 2024, 04:01:59 PM
 #41

Everything has it's price.

It's back to our personal choice, there are some people who don't really care with retirement, there are some people who really care with retirement and there are some people who're so-so.

People who care with their retirement don't need to get your suggestion because they already know what they doing.

Especially if a person is not able to invest in the right place, then he will not get good returns as expected.
Unfortunately there are many scam sites which give high return or claimed to be Bitcoin investment, if they get scammed from this, this will be a lesson for them and they might have trauma to invest in Bitcoin.


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December 16, 2024, 04:18:22 PM
 #42

Well, first and foremost, bitcoin investment is not a do or die. You can still live your future even without bitcoin. However, if you aim for financial independence 10-20 years from now,  then you should motivate yourself to embrace bitcoin and invest on it.

But of course, DYOR first before trying to risk your funds. Bitcoin can offer life changing opportunity, but it can also ruin your life if you enter bitcoin investment blindly. So always enter bitcoin investment with high caution.

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December 16, 2024, 05:29:17 PM
 #43

I will say that is discipline to ourselves and not force with ourselves Bitcoin investment. When we know what is the benefit of Bitcoin to us, we will stick to that and will want to have more and more Bitcoin. We will not say that is difficult to do because we will search how we can stay focus in our investment. We don't just focus with our daily job but we also focus to build our future with Bitcoin investment.

We will think that usually we saving our income in fiat but this time, we decide to save our money in Bitcoin as a long term investment. Whether if we are low income entrepreneur or an employee, we will allocate our salary that we will use to invest in Bitcoin. We realize that there will be a waiting time to see our investment will grow but we are ready with that. We will choose what we think we are comfortable to stay on our Bitcoin investment.

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December 16, 2024, 05:37:37 PM
 #44

If you can force yourself to save Bitcoin, it will put you in a much stronger financial position in the future and in retirement. Starting from a low income or from poverty saving can become a decision for you to enjoy a comfortable time in retirement while you are still working (holding) and ending your life (death) in a wealthy situation.

What is your opinion?
well first of all i do not think that you need to wait until retirement to enjoy a good life ideal situation is for you to enjoy life even before you retire and that can be achieved by being smart and maximizing all your profits and salary from your job i truly think that one can start enjoying life while still working we do not need to wait until death to have fun
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December 16, 2024, 08:10:42 PM
 #45

If you can force yourself to save Bitcoin, it will put you in a much stronger financial position in the future and in retirement. Starting from a low income or from poverty saving can become a decision for you to enjoy a comfortable time in retirement while you are still working (holding) and ending your life (death) in a wealthy situation.
Using the word "forcing yourself" sounds very serious, as it makes it look as if it's a must to consider Bitcoin as a long-term investment for those who want to be wealthy and secure the wealth in the future. There are other investment options that anyone can choose from; to me, it's best to just give the differences in benefits and disadvantages and allow investors to make their own choice.
 
Bitcoin investment is great, and holding for a long time is profiting. Instead of holding fiat in our local currency, it's best to convert it into Bitcoin, but I can't force anyone to take that step; it should be a willing something.

 
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December 16, 2024, 08:46:22 PM
 #46

Well, first and foremost, bitcoin investment is not a do or die. You can still live your future even without bitcoin. However, if you aim for financial independence 10-20 years from now,  then you should motivate yourself to embrace bitcoin and invest on it.
Many people say bitcoin can help its holders or investors achieve financial freedom, but for me this is still not a guarantee. Bitcoin investment is basically good because bitcoin has performed well as an investment asset which has so far provided satisfactory returns. In the long term, we don't know what will happen because even a slight change in regulations will have a severe impact on prices.

It may be safe to say that bitcoin is one of the best investment assets, but you should not forget that each investor needs to bear their own risk. Financial freedom also depends on how much of the budget one invests, meaning that the bigger it is, the greater the potential for achieving financial freedom, and vice versa.

But of course, DYOR first before trying to risk your funds. Bitcoin can offer life changing opportunity, but it can also ruin your life if you enter bitcoin investment blindly. So always enter bitcoin investment with high caution.
I agree, there are still risks to consider. Even if currently we see a lot of interest in bitcoin, in the future the return percentage maybe can decrease so that a shift to more profitable assets may occur.

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December 17, 2024, 10:01:34 AM
 #47

I will never argue with anyone when they want to invest but the question is whether they can get optimal results from the investment made or not because not everyone who invests ends well when the implementation is wrong which ultimately leads to failure including in bitcoin. Everyone can be here and invest in it, but can everyone benefit when in bitcoin? of course the answer is no because in the end the final result will be influenced by the implementation at the beginning when planning and implementation when we start is good enough then surely everything will end well and vice versa.

What you say is proportionate to the ability to foresee the future. Are you given this? I don't think so, just like everyone else. There is a simple rule in investing: invest the amount you can live without for some time, and preferably allocate several years. In addition, everyone's favorite DCA strategy will also be a good safety cushion if a person can manage it correctly. I doubt that someone who diligently holds a certain amount of bitcoins, understanding all the possible fluctuations in the process, will not benefit from the investment. It isn't easy to plan, but trying to stick to the original plans is available to many.

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December 17, 2024, 01:15:37 PM
 #48

DCA is a good strategy, as it's simple, stress-reducing, and successful. Not everyone can afford to save up, not everyone has a fixed and regular income. It's also important to remember that even though Bitcoin is doing very well now, we can't predict how long it will last and how far into the future it will continue being relevant. So there's always a risk, even with a long-term investment, which is why it is important to diversify and to invest what one can afford to lose. DCA also comes in handy for the latter, as one can set aside a monthly amount that is insignificant enough for a person to afford to lose it.

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December 18, 2024, 02:31:58 PM
 #49

If you can force yourself to save Bitcoin, it will put you in a much stronger financial position in the future and in retirement. Starting from a low income or from poverty saving can become a decision for you to enjoy a comfortable time in retirement while you are still working (holding) and ending your life (death) in a wealthy situation.

What is your opinion?
Saving cannot make you rich, only investing, this is why I reason that you should say investing, not saving. Anyone saving in bitcoin is actually investing because the value of bitcoin is not fixed, and can increase with time. It is not very easy to stay committed to investing when you have serious economic problems with not enough source of income, but investing in whatever amount you can spare is still advised. Little investments in bitcoin regularly is better than not investing at all.
Yes, that's right. Investing a small amount in bitcoin is better than not investing at all. Because it is very common for people to be lazy to invest because they don't have much money, even though that mindset must be changed because investing does not require having a lot of money, but with a little money if you regularly and consistently buy bitcoin it will be a big thing in the future.

Therefore, we must force ourselves to invest no matter how much income you get every month, setting aside a little money to buy bitcoin is a smart approach, especially bitcoin is a future asset. Whatever it is, if you want to be successful, you have to force yourself to do something, including investing in bitcoin. So, start with a small amount and don't burden yourself because investment doesn't have to be in large amounts. Furthermore, besides having to force yourself to invest, you also have to find friends or communities who also invest because this is important to motivate each other and share knowledge.

 
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December 18, 2024, 02:43:59 PM
 #50

When I get asked by my clients what's the number one most random but helpful financial tip I can give them, I often say this " Never ever listen to you co-workers and or friends/family about financial matters, at 99% of the time they will be WRONG.  Decades of experience have taught me this. 

"If you can force yourself to save Bitcoin, it will put you in a much stronger financial position in the future and in retirement. Starting from a low income or from poverty saving can become a decision for you to enjoy a comfortable time in retirement while you are still working (holding) and ending your life (death) in a wealthy situation.

What is your opinion?"

This is really misguided and what you said it all based on hope/luck.  This is not proper investing in any way shape or form.
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December 18, 2024, 03:46:24 PM
 #51

DCA is a good strategy, as it's simple, stress-reducing, and successful. Not everyone can afford to save up, not everyone has a fixed and regular income. It's also important to remember that even though Bitcoin is doing very well now, we can't predict how long it will last and how far into the future it will continue being relevant. So there's always a risk, even with a long-term investment, which is why it is important to diversify and to invest what one can afford to lose. DCA also comes in handy for the latter, as one can set aside a monthly amount that is insignificant enough for a person to afford to lose it.
While bitcoin can be a potential investment that can be successfully achieved through DCA, it's still a lot more important to DYOR first if you are capable enough to manage the risk that comes with bitcoin, especially that you are going to invest for long term.

Bitcoin price is undoubtedly really expensive even if you buy a portion of it, that's why know your investment well first before you decide to take risk, not only financially, but mostly mentally and emotionally.

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December 18, 2024, 05:00:22 PM
 #52

We don't need to force ourselves.. understand what you’re doing so you won’t regret or blame Bitcoin if things don’t go as planned. Many investors have been successful using DCA for the long term, proving it’s a solid strategy worth considering.

Of course, I know life is tough, and we all want to secure our future, but it’s not wise to rely solely on Bitcoin.  we have to learn how to diversify our income streams, maybe start a business or find other opportunities. That way, we can grow our resources and invest in Bitcoin consistently without putting all our eggs in one basket.
Why force ourselves when we can slowly embrace bitcoin and understand its nature and how it works for us. Otherwise, forcing to invest in bitcoin without knowing its real worth and value will only result into financial losses and regrets. Learn to study bitcoin first and make your own assessment. If you find it having high potentials in the future, then decide to invest. If not, invest into other highly profitable investments in the market.

 
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............VIP............
PROGRAM
 .
   PLAY NOW    
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