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Author Topic: Balancing Financial security and Bitcoin Accumulation  (Read 20566 times)
Bigjoe33
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Today at 10:14:05 AM
 #1941


I agree with the main point in the text above, which argues that the source of your funds (discretionary income) is more important than how much you spend at once. Making a substantial price-point purchase using your discretionary income can actually decrease your overall anxiety as long as you have the financial stability to manage the day-to-day fluctuations associated with the cryptocurrency market.  Additionally, only invest those funds that you have the capability of locking up for an extended period of time, thus helping you to maintain your composure, think long-term, and avoid irrational financial decision-making as you navigate through your cryptocurrency investment journey.

You have mentioned crypto currency twice, in your 3rd and 5th line, and thus, your use of terms here seems wrong and misleading, especially to inexperienced or potential investors. Using the word ''cryptocurrency'' in a purely Bitcoin thread and discussion is the wrong idea. You know, crypto currency is ambiguous and is not limited to just one coin. It's very important that when explaining matters like this, you use Bitcoin and not crypto currency so that newbie investors might not be confused, thinking that you may be referring to other shitcoins or memecoins crypto projets that are not stable. Bitcoin is a more stable and reliable coin, and thus, it should be accorded the recognition it deserves. So, it should be Bitcoin investment and not crypto currency.

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