Money is power and it open doors for you if you are financially discipline

[Etranger]

No matter how affordable they are, loans are basically a curse for individuals and everyone should try their best to avoid them as much as they can. However, it's true that people are compelled to go for loans if they want to do things that they can't do without enough funding because they don't earn enough. A salaried person cannot buy a house by saving money in today's world no matter where they live. The cost of living is almost very high in every country, and anyone with an average income can only cover the monthly expenses and nothing else.

Yes, current conditions are such that practically everywhere one needs to turn to credits. It is just that in normal countries the interest rate is up to 5-8% per annum, while in my country, for example, consumer credits are with rates of 48%+ and go up to 120% per year. Besides, in developed countries they give credits for housing and a car, for education and medical treatment. And people take them precisely for this. Whereas in countries with a weak, asocial economy, people are forced to take credits to pay for utilities and food.

[Dr.Bitcoin_Strange]

The time that someone have when they are still young, up and doing, is to invest in their future because when they are older they can not have the same energy they used to have when they were young, so it's best to just invest in what you believe can guarantee a good return in the future, Bitcoin is one of them like you said (@OP) but there are people that does not like Bitcoin, so they can still go for what they preferred but it should at least be something that guarantee a good return in future.

[justdimin]

No matter how affordable they are, loans are basically a curse for individuals and everyone should try their best to avoid them as much as they can. However, it's true that people are compelled to go for loans if they want to do things that they can't do without enough funding because they don't earn enough. A salaried person cannot buy a house by saving money in today's world no matter where they live. The cost of living is almost very high in every country, and anyone with an average income can only cover the monthly expenses and nothing else.

Depends on what you take them for. I did it for medical reasons, and I would do it again if I had to, because it means you get healthy. Aside from that, if you get loan, but make more money with a business than the loan you pay back, then you are going to be fine.

I have a person I know, he buys and sells pokemon cards, I know that makes no sense, but apparently that's a business and he earns a lot of money with it, there is a huge merging market here. And he used max of his loans, whatever bank could give him, to buy, and then he sold one by one, because if you buy a lot, like 200k dollar worth, but then sell item by item instead of all together, you make a profit. He  did, he made more money than the loan he got, even with interest.

[MrEazyLife]

Money is power and for you to get that power, you need to invest,save money. You don't wake up one day and get that power, it takes a lot of financial discipline to achieve that.so I suggest you save up and buy some bitcoins for the rainy days.
 Bitcoin is one thing that will not lose value rather it appreciate in value. Just invest because at old age you will not have the strength to start doing all that you were doing when young.

Aside buying bitcoin to save for rainy days. There are other ways to get to survive during the rainy days. But since the bitcoin is the headline of this trend.

Talking about acquiring the power money gives. Discipline, consistency, covetousness are key factors to acquiring that power. Many has refused to accept, admit and put to work this key factors. They rather want to cut corners. There is what is called wealth and generational wealth. When you have put to work this above mentioned factors. Then you see yourself having in possession the power of moving from being wealthy and remaining wealthy

[Razmirraz]

Money is power and for you to get that power, you need to invest,save money. You don't wake up one day and get that power, it takes a lot of financial discipline to achieve that.so I suggest you save up and buy some bitcoins for the rainy days.
 Bitcoin is one thing that will not lose value rather it appreciate in value. Just invest because at old age you will not have the strength to start doing all that you were doing when young.

Your statement “money is power” and requires “financial discipline” is an absolute fact in wealth management. Getting used to the discipline of saving allows you to shift your focus from pursuing all your current desires to building capital that can be invested to achieve financial freedom in the future. It must always be instilled in each individual, without discipline and a long-term mindset, it is very difficult to achieve financial freedom in old age when you are no longer productive due to decreased physical energy.

Investing early for the future is a very wise move, especially if you choose Bitcoin as a long-term investment asset. This step is very much in line with the basic principles of financial independence and modern investment theory. Bitcoin has seen a tremendous increase in value since it was first introduced to the public, this is the reason institutional investors continue to accumulate Bitcoin because they have confidence in its long-term increase in value due to its increasingly widespread adoption.

[Mr_Brilliant$]

The time that someone have when they are still young, up and doing, is to invest in their future because when they are older they can not have the same energy they used to have when they were young, so it's best to just invest in what you believe can guarantee a good return in the future, Bitcoin is one of them like you said (@OP) but there are people that does not like Bitcoin, so they can still go for what they preferred but it should at least be something that guarantee a good return in future.

One thing young people don’t use to realize is that when you’re young, time is actually one of the biggest advantages.. If good use of it can be made and start you investing early, you will definitely thank yourself later..

Personally, I still believe Bitcoin is one of the best long term investments out there, but like you said, not everyone likes Bitcoin, and that is completely fine.. The important thing is to put your money into something you really believe in and that has good long term potential..

[Charleslie]

Money is very powerful. It gives choice and create a very big opportunities and also opens doors that may have not seemed to reach out to. But money without discipline doesn't last long. Bitcoin is a digital asset- it's an opportunity for those that are willing to learn, invest wisely and also stay financially discipline. True financial success isn't how much you earn each day it's about how to manage what you've earn. You need to save wisely and also avoid unnecessary dept.

[Berry2d]

To me among everything i see on earth I will never forget to recognise money as the highest of all, identifying money as the most important is not because its the most regarded but because one cannot do without it.
With money it is very easy to achieve what so ever we wish for except for some natural things that has to do with nature.  Before now many recognise power over money but later did I know that with money one can buy power which is why they said money answereth all things be it big of small but most not be placed above all because the love of money is completely the root of all evil especially for those that allow the quest for money to control them

[tabas]

Like what people say, save money and it will save you later. And that tends to be true, if you're savvy and you're financially literate. You'll be thanking yourself in the future for how wise you are with financials. Unlike the people that don't think of their future and just spends whenever they want and brag what they purchase. The discipline is not with them and so, with our discipline it's also what we're going to thank ourselves in the near future when we're going to enjoy the fruits of our patience and consistency.

[MrEazyLife]

To me among everything i see on earth I will never forget to recognise money as the highest of all, identifying money as the most important is not because its the most regarded but because one cannot do without it.
With money it is very easy to achieve what so ever we wish for except for some natural things that has to do with nature.  Before now many recognise power over money but later did I know that with money one can buy power which is why they said money answereth all things be it big of small but most not be placed above all because the love of money is completely the root of all evil especially for those that allow the quest for money to control them

To add to that, the primary purpose money was invented has been adverted because of greed, selfishness, wicked heart. Majority of the problems in this world is tie to money, but money can not solve all. Humanity needs to find a place of love, contentment and discipline.

[colinistheman]

To me among everything i see on earth I will never forget to recognise money as the highest of all, identifying money as the most important is not because its the most regarded but because one cannot do without it.
With money it is very easy to achieve what so ever we wish for except for some natural things that has to do with nature.  Before now many recognise power over money but later did I know that with money one can buy power which is why they said money answereth all things be it big of small but most not be placed above all because the love of money is completely the root of all evil especially for those that allow the quest for money to control them

Many people may not admit it, but the truth is that money can buy almost everything in this world, including power.
Money is basically everything. If you have money, you can have almost anything. That's why the poor want to become rich, and the richer people are, the more they want to become even richer.
However, you are right. Money can buy almost everything, but it should not be placed above everything else. When making money becomes the only goal in life, we can easily lose ourselves. Once we lose ourselves, life becomes meaningless.

[Webutxo]

Aside buying bitcoin to save for rainy days. There are other ways to get to survive during the rainy days. But since the bitcoin is the headline of this trend.

Talking about acquiring the power money gives. Discipline, consistency, covetousness are key factors to acquiring that power. Many has refused to accept, admit and put to work this key factors. They rather want to cut corners. There is what is called wealth and generational wealth. When you have put to work this above mentioned factors. Then you see yourself having in possession the power of moving from being wealthy and remaining wealthy

Bitcoin isn't the only way to survive inflation, there are other ways but because this is a Bitcoin forum, its understandable when Bitcoin is put first. There are people that will buy Bitcoin because they are trying to save their asset against inflation only sell that same asset in loss, example is Strategy, they sold about $200m plus, that market sell was at loss but since it's a tiny fraction of their reserve, but it's still at loss by the way.

Some people buy government bond and keep their money in there, if your inflation rate is slow even though the inflation is high, as long as the current inflation rate is reducing, the value of your money will stay intact and better than when you leave it without using for another things. Some people invest their money on stock market and to be honest, their short term performance and year to date make very much sense.

[Chilwell]

The time that someone have when they are still young, up and doing, is to invest in their future because when they are older they can not have the same energy they used to have when they were young, so it's best to just invest in what you believe can guarantee a good return in the future, Bitcoin is one of them like you said (@OP) but there are people that does not like Bitcoin, so they can still go for what they preferred but it should at least be something that guarantee a good return in future.

A lot of people still got it wrong up to this moment when it comes to investing in Bitcoin, and when you talk about any investment that will be for the future, I strongly believe that Bitcoin is the right one for future investment. Because at this level bitcoin investment for a very long time it's actually the best which I believe it is the best strategy that will make things work better, with the best strategy before you know you can accumulate more Bitcoin and even talking about savings for the future is actually the best because you will invest without any challenges, the only thing that is needed is to use the best strategy.

[o48o]

-cut-
I have a person I know, he buys and sells pokemon cards, I know that makes no sense, but apparently that's a business and he earns a lot of money with it, there is a huge merging market here. And he used max of his loans, whatever bank could give him, to buy, and then he sold one by one, because if you buy a lot, like 200k dollar worth, but then sell item by item instead of all together, you make a profit. He  did, he made more money than the loan he got, even with interest.

Things don't need make sense to me in order to be valuable for someone else. I don't get racing or some esports either and they are huge sports with huge amount of money involved.

This was one of the reasons it was easy for me to get into nfts early on. I didn't really get why people were interested on them, but i believed it and saw the potential of a new protocol. After i learned more about the tech, i was even less interested about them and saw that they weren't worth anything to me, so i wasn't planning on holding anything either. That was a good choice. For me, same reasoning goes with almost all of the altcoins.

[Pi-network314159]

Money is power and for you to get that power, you need to invest,save money. You don't wake up one day and get that power, it takes a lot of financial discipline to achieve that.so I suggest you save up and buy some bitcoins for the rainy days.
 Bitcoin is one thing that will not lose value rather it appreciate in value. Just invest because at old age you will not have the strength to start doing all that you were doing when young.

Well you are right saving money is necessary and investment is likewise necessary but there is need to have multiple sources of income to save and invest because investment is good when you have steady fund to help you invest and save. You can not save when you don't have more sources of income, infact you may even sell your investment if there is no hope of continuity. And investment requires dedication and patience, because an inpatient person can not invest.

[Obim34]

Like what people say, save money and it will save you later. And that tends to be true, if you're savvy and you're financially literate. You'll be thanking yourself in the future for how wise you are with financials. Unlike the people that don't think of their future and just spends whenever they want and brag what they purchase. The discipline is not with them and so, with our discipline it's also what we're going to thank ourselves in the near future when we're going to enjoy the fruits of our patience and consistency.

Another unpopular opinion is owning of assets with good resell value. When saving and investing, it's also good to own assets that can be resold, still part of savings, but while enjoying the worth of what you purchased.

Aside from good health which sometimes money can't afford, money is a very valuable resources everyone should have, it's now difficult to value someone if they don't have money, both respect and how the society sees the person.

[Sammye3]

Money is power and for you to get that power, you need to invest,save money. You don't wake up one day and get that power, it takes a lot of financial discipline to achieve that.so I suggest you save up and buy some bitcoins for the rainy days.
 Bitcoin is one thing that will not lose value rather it appreciate in value. Just invest because at old age you will not have the strength to start doing all that you were doing when young.

The ideology that idle money has no work rate is practical to this regard, because there is no benefit whatsoever saving up your money without an investment. But there should be no rash decision that contradicts the concept of investment, maybe due to the wrong mindset or a quick cash system.

Bitcoin is a trusted investment asset for long and short term investors but it is important to understand the risk and benefits of both types of investors. For reference purpose, long term investment would always remain the most profitable with bitcoin and it requires a lot of patience and discipline which some investors do not possess.

[G_Besar]

To add to that, the primary purpose money was invented has been adverted because of greed, selfishness, wicked heart. Majority of the problems in this world is tie to money, but money can not solve all. Humanity needs to find a place of love, contentment and discipline.

Finding a place of compassion, satisfaction, and discipline also requires money because almost nothing in this world is free, as everyone wants something that can satisfy them and also something that can engender compassion. So, although money can't completely solve all problems, everyone has realized that to obtain something that can satisfy them, they must have money in their pockets, as almost everything is like that. However, in this case, I still dislike people who are greedy, selfish, and evil-hearted because those with these traits will not only use money for bad things, but will also use other things to bring about even worse things in this world.

[MrEazyLife]

To add to that, the primary purpose money was invented has been adverted because of greed, selfishness, wicked heart. Majority of the problems in this world is tie to money, but money can not solve all. Humanity needs to find a place of love, contentment and discipline.

Finding a place of compassion, satisfaction, and discipline also requires money because almost nothing in this world is free, as everyone wants something that can satisfy them and also something that can engender compassion. So, although money can't completely solve all problems, everyone has realized that to obtain something that can satisfy them, they must have money in their pockets, as almost everything is like that. However, in this case, I still dislike people who are greedy, selfish, and evil-hearted because those with these traits will not only use money for bad things, but will also use other things to bring about even worse things in this world.

Honestly reading through this comment.. I am more than satisfied which how you were able to explain this more understandable

[Yeesha]

Money is power and for you to get that power, you need to invest,save money. You don't wake up one day and get that power, it takes a lot of financial discipline to achieve that.so I suggest you save up and buy some bitcoins for the rainy days.
 Bitcoin is one thing that will not lose value rather it appreciate in value. Just invest because at old age you will not have the strength to start doing all that you were doing when young.

What we own is what we have power over, and if you don't work very hard by sacrificing your time and putting more effort you will own absolutely nothing. Using money to take advantage of others is not power but the real power lies in utilisation, management and most important your ability to make use of that money to make more money that is what real power means, your social class should not be used to manipulate less privileged people. Because as the case may be no condition is permanent, so instead of looking down on others and manipulating them use that opportunity to secure a better future for yourself and ensure that you will be financially stable for a very long period of time.