Investment Become Gambling

[Hardyrobust]

investing with a fixed amount and that of a flexible manner is not the same thing but however anyone can whatever that can be comfortable with, all that matters and very important is that you are comfortable with what you are doing in such a way that you can do it for the long term plan, the truth is not everyone can be able follow up their investment in a fixed amount, I prefer to enjoy flexibility over a fixed amount pattern of investment, having a fixed amount for investment will make me feel lost of my freedom and making investment to look like burden to me.

yes the most important thing is doing something that works well with one financial situation. If using a fixed amount is going to mount some kind of financial pressures on ones situation ,I think being flexible won't be a bad idea. So everything is about what works best for an investor situation. If an investor doesn't have a stable income been flexible with his investment won't be a bad idea because since his income isn't stable.

[Sulegzy39]

Most people opted not to listen, thus experience is the only way for them to realise their losses. That being said, the concept of listening to whatever you hear on social media platforms such as YouTube, X, and others is not always bad; what is wrong is when you listen but fail to conduct adequate investigation to substantiate your information.Unfortunately, when it comes to money management and investing, I feel it is simply there to help you figure out when to buy and when not to. So it's simple to say that both work together, and failing to control them will result in one's investment becoming a gamble.

[Johnlomape]

So, it is important to clearly understand this matter that, you should invest not the total amount of money you have in hand at all, rather only the amount that you can consider discretionary. But we should never invest with the necessary money, no matter how good the opportunity now.

Yes, you are absolutely right.
Because a wise person will never invest all the money they have at hand like that. It is better to choose a fixed amount for investment, one that will not disturb other parts of daily life. Those who invest everything they have and end up affecting their regular needs usually cannot continue their investment for long. That's why it is important to keep daily life stable and only invest the amount that can be managed comfortably.

Investing everything you have on sometimes will not really make sense if you don't have other investments at hand that will help you to escape emergency billings. There are people that are losing money to bad investments and that is why we need to ask questions on what investment will make sense when invested into it.

E get many people wey dey use their investments dey gamble and some of them fit not really know because they no really know the danger wey dey dey put themselves into. No be all investments go yield reward or profits and those people wey no go invest for something wey go give them money go later complain about their mistakes wey dey do make for the past time.

[Sticky Bomb]

So, it is important to clearly understand this matter that, you should invest not the total amount of money you have in hand at all, rather only the amount that you can consider discretionary. But we should never invest with the necessary money, no matter how good the opportunity now.

Yes, you are absolutely right.
Because a wise person will never invest all the money they have at hand like that. It is better to choose a fixed amount for investment, one that will not disturb other parts of daily life. Those who invest everything they have and end up affecting their regular needs usually cannot continue their investment for long. That's why it is important to keep daily life stable and only invest the amount that can be managed comfortably.

A wise person considers his expenses first from his total income and after removing his expenses from the income, he would know if there is a leftover, if there isn't any, then he should not invest, but if he has leftover, then it should be spread out and used for used for investing, building out backup funds and discretionary consumption.
If he doesn't attend to his expenses first, there are chances he would be using funds meant for his expenses to invest and that is pure gambling because when the time comes to attend to such expenses, he would have no other option than to liquidate his portfolio or part of it to attend to such expenses, this however is a bad cashflow management practice. The worst case being that bitcoin might be at a lower position compared to his entry point and he would have to liquidate more coins to meetup with his expenses.

[Loyang]

So, it is important to clearly understand this matter that, you should invest not the total amount of money you have in hand at all, rather only the amount that you can consider discretionary. But we should never invest with the necessary money, no matter how good the opportunity now.

Yes, you are absolutely right.
Because a wise person will never invest all the money they have at hand like that. It is better to choose a fixed amount for investment, one that will not disturb other parts of daily life. Those who invest everything they have and end up affecting their regular needs usually cannot continue their investment for long. That's why it is important to keep daily life stable and only invest the amount that can be managed comfortably.

A wise person considers his expenses first from his total income and after removing his expenses from the income, he would know if there is a leftover, if there isn't any, then he should not invest, but if he has leftover, then it should be spread out and used for used for investing, building out backup funds and discretionary consumption.
If he doesn't attend to his expenses first, there are chances he would be using funds meant for his expenses to invest and that is pure gambling because when the time comes to attend to such expenses, he would have no other option than to liquidate his portfolio or part of it to attend to such expenses, this however is a bad cashflow management practice. The worst case being that bitcoin might be at a lower position compared to his entry point and he would have to liquidate more coins to meetup with his expenses.

If we invest without proper financial management, our investment can turn into a gamble. We can find a source of discretionary income through proper financial management and invest with discretionary income. But a person who cannot manage his financial situation properly and is not able to find a discretionary income and invests with his source of income or the necessary money, then his investment turns into a gamble. Therefore, it is very important to manage our finances properly.

[laijsica]

Most people opted not to listen, thus experience is the only way for them to realise their losses. That being said, the concept of listening to whatever you hear on social media platforms such as YouTube, X, and others is not always bad; what is wrong is when you listen but fail to conduct adequate investigation to substantiate your information.Unfortunately, when it comes to money management and investing, I feel it is simply there to help you figure out when to buy and when not to. So it's simple to say that both work together, and failing to control them will result in one's investment becoming a gamble.

Your valuable investment will turn into a gamble if you adopt an opportunistic policy. As short term traders do, they are eager to manage Bitcoin investments emotionally by analyzing past prices. They think that if they buy Bitcoin with the available funds, they will be able to profit soon. Do not confuse profiting from Bitcoin with gambling, as some traders do. Social media will not always give you the right advice on investing. You should be tempted to invest with your own analysis and keep a long-term and sustainable approach from short term risks.

You do not need to underestimate the experience to reach a good level of Bitcoin investment, but it will not be right if you waste time starting Bitcoin to gain this experience.

[Hardyrobust]

So, it is important to clearly understand this matter that, you should invest not the total amount of money you have in hand at all, rather only the amount that you can consider discretionary. But we should never invest with the necessary money, no matter how good the opportunity now.

Yes, you are absolutely right.
Because a wise person will never invest all the money they have at hand like that. It is better to choose a fixed amount for investment, one that will not disturb other parts of daily life. Those who invest everything they have and end up affecting their regular needs usually cannot continue their investment for long. That's why it is important to keep daily life stable and only invest the amount that can be managed comfortably.

Investing everything you have on sometimes will not really make sense if you don't have other investments at hand that will help you to escape emergency billings. There are people that are losing money to bad investments and that is why we need to ask questions on what investment will make sense when invested into it.

E get many people wey dey use their investments dey gamble and some of them fit not really know because they no really know the danger wey dey dey put themselves into. No be all investments go yield reward or profits and those people wey no go invest for something wey go give them money go later complain about their mistakes wey dey do make for the past time.

It is not a good idea to invest all our money into bitcoin especially when it is not discretionionary income. Using money that is meant for our daily expenses for buying bitcoin can make us to sell at loss or when we are not planning to do so . There is high level of risk involved in investing in bitcoin so it would be wise to use discretionionary income for buying of bitcoin.

[GIF-JOBS]

So, it is important to clearly understand this matter that, you should invest not the total amount of money you have in hand at all, rather only the amount that you can consider discretionary. But we should never invest with the necessary money, no matter how good the opportunity now.

Yes, you are absolutely right.
Because a wise person will never invest all the money they have at hand like that. It is better to choose a fixed amount for investment, one that will not disturb other parts of daily life. Those who invest everything they have and end up affecting their regular needs usually cannot continue their investment for long. That's why it is important to keep daily life stable and only invest the amount that can be managed comfortably.

Investing everything you have on sometimes will not really make sense if you don't have other investments at hand that will help you to escape emergency billings. There are people that are losing money to bad investments and that is why we need to ask questions on what investment will make sense when invested into it.

E get many people wey dey use their investments dey gamble and some of them fit not really know because they no really know the danger wey dey dey put themselves into. No be all investments go yield reward or profits and those people wey no go invest for something wey go give them money go later complain about their mistakes wey dey do make for the past time.

It is not a good idea to invest all our money into bitcoin especially when it is not discretionionary income. Using money that is meant for our daily expenses for buying bitcoin can make us to sell at loss or when we are not planning to do so . There is high level of risk involved in investing in bitcoin so it would be wise to use discretionionary income for buying of bitcoin.

Investing without discretionary income can later put us in a situation where we are forced to sell our investments. That is why we must first be responsible in our financial management, even if the amount is very small, but we must invest with discretionary income. The main problem is when we invest with the money we need, and at that time we do not have any other money except for the investment, as a result we may have to sell our investments despite our reluctance and at that time we may suffer a loss.

[gracreavix]

So, it is important to clearly understand this matter that, you should invest not the total amount of money you have in hand at all, rather only the amount that you can consider discretionary. But we should never invest with the necessary money, no matter how good the opportunity now.

Yes, you are absolutely right.
Because a wise person will never invest all the money they have at hand like that. It is better to choose a fixed amount for investment, one that will not disturb other parts of daily life. Those who invest everything they have and end up affecting their regular needs usually cannot continue their investment for long. That's why it is important to keep daily life stable and only invest the amount that can be managed comfortably.

Investing everything you have on sometimes will not really make sense if you don't have other investments at hand that will help you to escape emergency billings. There are people that are losing money to bad investments and that is why we need to ask questions on what investment will make sense when invested into it.

E get many people wey dey use their investments dey gamble and some of them fit not really know because they no really know the danger wey dey dey put themselves into. No be all investments go yield reward or profits and those people wey no go invest for something wey go give them money go later complain about their mistakes wey dey do make for the past time.

No matter how sweet an investment look, putting everything inside am without backup is a risky move. Life nor dey give notice before emergency come. If other plans nor dey, e fit cause wahala later.

And yes people dey get am wrong, some investments wey dem dey do, dem think say na strategy, but them just dey gamble. Most of them nor even get proper understanding, na just hope.

The truth is that,  not every opportunity you see you must jump in. Sometimes the real wisdom na to hold back, ask questions, and understand wetin you dey enter.

[ZeroVinsonN]

So, it is important to clearly understand this matter that, you should invest not the total amount of money you have in hand at all, rather only the amount that you can consider discretionary. But we should never invest with the necessary money, no matter how good the opportunity now.

Yes, you are absolutely right.
Because a wise person will never invest all the money they have at hand like that. It is better to choose a fixed amount for investment, one that will not disturb other parts of daily life. Those who invest everything they have and end up affecting their regular needs usually cannot continue their investment for long. That's why it is important to keep daily life stable and only invest the amount that can be managed comfortably.

A wise person considers his expenses first from his total income and after removing his expenses from the income, he would know if there is a leftover, if there isn't any, then he should not invest, but if he has leftover, then it should be spread out and used for used for investing, building out backup funds and discretionary consumption.
If he doesn't attend to his expenses first, there are chances he would be using funds meant for his expenses to invest and that is pure gambling because when the time comes to attend to such expenses, he would have no other option than to liquidate his portfolio or part of it to attend to such expenses, this however is a bad cashflow management practice. The worst case being that bitcoin might be at a lower position compared to his entry point and he would have to liquidate more coins to meetup with his expenses.

This is exactly true, you can't figure out your discretionary fund if you don't even understand your own expenses, the only sure way to know what's leftover is to know what you are going to be spending on first, this is also why budgeting is important, once you allocate your income to your essentials you ultimately know what will be left behind or at least a range of what will be left behind with which you can invest in bitcoin with using a percentage of it and also stocking up your reserves and for emergencies as well but all of these can only be made easy if you have already considered how much you need to spend on necessary things in your life.

[sotelorene]

So, it is important to clearly understand this matter that, you should invest not the total amount of money you have in hand at all, rather only the amount that you can consider discretionary. But we should never invest with the necessary money, no matter how good the opportunity now.

Yes, you are absolutely right.
Because a wise person will never invest all the money they have at hand like that. It is better to choose a fixed amount for investment, one that will not disturb other parts of daily life. Those who invest everything they have and end up affecting their regular needs usually cannot continue their investment for long. That's why it is important to keep daily life stable and only invest the amount that can be managed comfortably.

Investing everything you have on sometimes will not really make sense if you don't have other investments at hand that will help you to escape emergency billings. There are people that are losing money to bad investments and that is why we need to ask questions on what investment will make sense when invested into it.

E get many people wey dey use their investments dey gamble and some of them fit not really know because they no really know the danger wey dey dey put themselves into. No be all investments go yield reward or profits and those people wey no go invest for something wey go give them money go later complain about their mistakes wey dey do make for the past time.

It is not a good idea to invest all our money into bitcoin especially when it is not discretionionary income. Using money that is meant for our daily expenses for buying bitcoin can make us to sell at loss or when we are not planning to do so . There is high level of risk involved in investing in bitcoin so it would be wise to use discretionionary income for buying of bitcoin.

What a wise investor will always do is after he or she might have received salary or wages depending, the next step will be to sort out all his needs and wants and then what ever that is leftover becomes their discretionary income and they are at liberty to work with it anyhow they like in their Bitcoin investment. Some can decide to go all in with the discretionary income especially when the price is down so as to boost their portfolio and return  back to normal DCA method and there's nothing bad in doing this.

[Chilwell]

It is not a good idea to invest all our money into bitcoin especially when it is not discretionionary income. Using money that is meant for our daily expenses for buying bitcoin can make us to sell at loss or when we are not planning to do so . There is high level of risk involved in investing in bitcoin so it would be wise to use discretionionary income for buying of bitcoin.

This is what some people are lacking when it comes to buying bitcoin, they never think of the opposite side because in their belive, bitcoin doesn't have any risk. What usually make some people lost in cryptocurrency is because they lack the knowledge of it and also they always put greediness in front, that is why the end of losing everything. Some people fail when investing in Bitcoin due to the decision they took at the beginning, they don't consider investing what they can afford to lose and that is why they always sell when it wasn't the right time.

[Crakryptvest]

Investing everything you have on sometimes will not really make sense if you don't have other investments at hand that will help you to escape emergency billings. There are people that are losing money to bad investments and that is why we need to ask questions on what investment will make sense when invested into it.

E get many people wey dey use their investments dey gamble and some of them fit not really know because they no really know the danger wey dey dey put themselves into. No be all investments go yield reward or profits and those people wey no go invest for something wey go give them money go later complain about their mistakes wey dey do make for the past time.

Even though you have other funds, you still have to keep applying Bitcoin investment advice which say that we should invest with our discreationary income to avoid withdrawing our asset as alternative to solve problems, have we ever thought if this things properly, how will will an invest his all, I don't think such investor is thinking properly, asking questions is nice but we must know that what is obtainable should be done, when investing in Bitcoin, we should be smart, no good investor will ever invest his all or what he can not afford.
When we are investing we should be calculative, Real investor don't gamble there investment because they are aiming at the future and understands how the have planned for their investment that's why they are mainly strategic in carrying out their plans.

[Queen uloma]

Investing everything you have on sometimes will not really make sense if you don't have other investments at hand that will help you to escape emergency billings. There are people that are losing money to bad investments and that is why we need to ask questions on what investment will make sense when invested into it.

E get many people wey dey use their investments dey gamble and some of them fit not really know because they no really know the danger wey dey dey put themselves into. No be all investments go yield reward or profits and those people wey no go invest for something wey go give them money go later complain about their mistakes wey dey do make for the past time.

Even though you have other funds, you still have to keep applying Bitcoin investment advice which say that we should invest with our discreationary income to avoid withdrawing our asset as alternative to solve problems, have we ever thought if this things properly, how will will an invest his all, I don't think such investor is thinking properly, asking questions is nice but we must know that what is obtainable should be done, when investing in Bitcoin, we should be smart, no good investor will ever invest his all or what he can not afford.
When we are investing we should be calculative, Real investor don't gamble there investment because they are aiming at the future and understands how the have planned for their investment that's why they are mainly strategic in carrying out their plans.

Wen e come for investing for bitcoin, discipline and proper planning Dey very essential. Even if you get plenty source of income, e still Dey wise to invest only with your discretionary funds. This approach Dey protect you from being forced to liquidate your assets in time of financial problem.
A true investor go understand say putting all their resources for one single investment Dey risky and Dey unwise. Good investing no be to take extreme chances. But na about to make informed and calculated decisions.
Good investor no Dey treat their investment like gambling. Dem Dey focus for longterm growth and  dem Dey carefully plan their moves base on clear goals. Dem Dey manage risk, dem Dey always remain patient, and them Dey stay consistent with their strategy.

[ruykeri]

It is not a good idea to invest all our money into bitcoin especially when it is not discretionionary income. Using money that is meant for our daily expenses for buying bitcoin can make us to sell at loss or when we are not planning to do so . There is high level of risk involved in investing in bitcoin so it would be wise to use discretionionary income for buying of bitcoin.

This is what some people are lacking when it comes to buying bitcoin, they never think of the opposite side because in their belive, bitcoin doesn't have any risk. What usually make some people lost in cryptocurrency is because they lack the knowledge of it and also they always put greediness in front, that is why the end of losing everything. Some people fail when investing in Bitcoin due to the decision they took at the beginning, they don't consider investing what they can afford to lose and that is why they always sell when it wasn't the right time.

Those who spend money on Bitcoin should understand one thing very well, that is, if the price of Bitcoin decreases, it does not mean that they have lost. If they sell Bitcoin, they will only suffer losses. Because the price goes up and down is a common thing for Bitcoin. The price is low now, but it may increase in the future. So if you sell it, you will lose. If you wait, there is a possibility. Therefore, you should only invest with the money that you can afford to lose. Apart from saying this, we should also keep another thing in mind, which is that you should invest with money that you can hold for 4 years or more.

[Olatundespo]

It is not a good idea to invest all our money into bitcoin especially when it is not discretionionary income. Using money that is meant for our daily expenses for buying bitcoin can make us to sell at loss or when we are not planning to do so . There is high level of risk involved in investing in bitcoin so it would be wise to use discretionionary income for buying of bitcoin.

This is what some people are lacking when it comes to buying bitcoin, they never think of the opposite side because in their belive, bitcoin doesn't have any risk. What usually make some people lost in cryptocurrency is because they lack the knowledge of it and also they always put greediness in front, that is why the end of losing everything. Some people fail when investing in Bitcoin due to the decision they took at the beginning, they don't consider investing what they can afford to lose and that is why they always sell when it wasn't the right time.

Those who spend money on Bitcoin should understand one thing very well, that is, if the price of Bitcoin decreases, it does not mean that they have lost. If they sell Bitcoin, they will only suffer losses. Because the price goes up and down is a common thing for Bitcoin. The price is low now, but it may increase in the future. So if you sell it, you will lose. If you wait, there is a possibility. Therefore, you should only invest with the money that you can afford to lose. Apart from saying this, we should also keep another thing in mind, which is that you should invest with money that you can hold for 4 years or more.

You are right. As long as you have Bitcoin holdings, even if the price decreases, the underlying value will not decrease because the price of Bitcoin will probably continue to more increase in the future. When you can reconcile the fact that every fraction of Bitcoin will become more valuable with reality and continue regularly. During the rise in the price of Bitcoin, the value of the holding will continue to increase and this is a greedy time for you to get high profits. But if you have a plan and do not think about withdrawing that digital asset before reaching the desired period of 4 years or 8 years or more, then it will have a great chance of becoming a store of value for you. After 4 years, you should be mentally prepared to accumulate Bitcoin for more time because if the size of your portfolio is not as you expected at that time, you should continue accumulation this asset for another 4 years or until your retirment period.

[VivaMan]

Most people are really mistaking this two phrases.
Everything lies on your mindset.
Me I see investing is a personal decision one makes that involved taking ricks
Investing means:
Making decisions based on research
As a wise person one needs to understand that gambling na based in one's luck and predictions, which requires being patient and consistent. Which also involves risk as well.
Bitcoin as well is unpredictable it's vastile which involves raising and falling, going up and down,
Bitcoin becomes gambling when you constantly invest without predictions.

[Proty]

It is not a good idea to invest all our money into bitcoin especially when it is not discretionionary income. Using money that is meant for our daily expenses for buying bitcoin can make us to sell at loss or when we are not planning to do so . There is high level of risk involved in investing in bitcoin so it would be wise to use discretionionary income for buying of bitcoin.

This is what some people are lacking when it comes to buying bitcoin, they never think of the opposite side because in their belive, bitcoin doesn't have any risk. What usually make some people lost in cryptocurrency is because they lack the knowledge of it and also they always put greediness in front, that is why the end of losing everything. Some people fail when investing in Bitcoin due to the decision they took at the beginning, they don't consider investing what they can afford to lose and that is why they always sell when it wasn't the right time.

This is very wrong, bitcoin investment is very risky and understanding this is very important so that you won't end up investing with money that isn't your discretionionary income. Even if you are investing in bitcoin for a long term that doesn't make bitcoin to be risk free. Long term investment in bitcoin isn't a guarantee of successful investment at the end of investment timeline. Bitcoin is very volatile in nature which means there is risk in investing in bitcoin.

[aNot!FicaT!on]

It is not a good idea to invest all our money into bitcoin especially when it is not discretionionary income. Using money that is meant for our daily expenses for buying bitcoin can make us to sell at loss or when we are not planning to do so . There is high level of risk involved in investing in bitcoin so it would be wise to use discretionionary income for buying of bitcoin.

This is what some people are lacking when it comes to buying bitcoin, they never think of the opposite side because in their belive, bitcoin doesn't have any risk. What usually make some people lost in cryptocurrency is because they lack the knowledge of it and also they always put greediness in front, that is why the end of losing everything. Some people fail when investing in Bitcoin due to the decision they took at the beginning, they don't consider investing what they can afford to lose and that is why they always sell when it wasn't the right time.

This is very wrong, bitcoin investment is very risky and understanding this is very important so that you won't end up investing with money that isn't your discretionionary income. Even if you are investing in bitcoin for a long term that doesn't make bitcoin to be risk free. Long term investment in bitcoin isn't a guarantee of successful investment at the end of investment timeline. Bitcoin is very volatile in nature which means there is risk in investing in bitcoin.

Yes, it is true, many people think that Bitcoin becomes safe if you keep it for a long time, but the reality is that it can never bring us success with complete certainty, even if we hold it correctly and do everything correctly, it is not risk-free, there will always be risks, and there will always be uncertainties. And this uncertainty is the risk of Bitcoin, and keeping it for a long time reduces this risk a lot but it does not make it risk-free, that is the main fact.

You should not rush into investing, many people invest in a hurry after seeing the hype or hearing stories of other people's profits. But they do not think about their own financial situation, risk-taking ability, or potential losses and this is very dangerous.

You should never invest money that will disrupt your lifestyle if you lose it
There is no such thing as "guaranteed profit".
The market will never go your way
It is difficult to survive in Bitcoin investment without patience, small wrong decisions can lead to big losses or complete failure, that is why it is necessary to have a clear financial goal before investing. Along with this, safety is also very important, you definitely need to create an emergency fund as soon as possible after starting investing.

[Proty]

Yes, it is true, many people think that Bitcoin becomes safe if you keep it for a long time, but the reality is that it can never bring us success with complete certainty, even if we hold it correctly and do everything correctly, it is not risk-free, there will always be risks, and there will always be uncertainties. And this uncertainty is the risk of Bitcoin, and keeping it for a long time reduces this risk a lot but it does not make it risk-free, that is the main fact.

You should not rush into investing, many people invest in a hurry after seeing the hype or hearing stories of other people's profits. But they do not think about their own financial situation, risk-taking ability, or potential losses and this is very dangerous.

You should never invest money that will disrupt your lifestyle if you lose it
There is no such thing as "guaranteed profit".
The market will never go your way
It is difficult to survive in Bitcoin investment without patience, small wrong decisions can lead to big losses or complete failure, that is why it is necessary to have a clear financial goal before investing. Along with this, safety is also very important, you definitely need to create an emergency fund as soon as possible after starting investing.

it is wrong to say that bitcoin investment will never bring us success. The fact that I said there is risk in bitcoin investment doesn't erase the possibilities of success. There is no doubt that investing or holding bitcoin for a long term doesn't guarantee success but this doesn't mean that those that invested in bitcoin will never be successful in holding bitcoin for a long term. Therefore, as much as success isn't guarantee in holding so also is failing. It is wrong for you to say that bitcoin investment will never bring success.