Investment Become Gambling

[DubemIfedigbo001]

With market volatility your capital will be at risk due to personal instability. If the risk of investment exists for a long time, it will not be easy for you to reach the set goal in accumulation Bitcoin. The easy way is to not use discretionary funds completely and make decisions about Bitcoin investment after practicing.

Market volatility has nothing to do with the funds you put into bitcoin, volatility is a feature in bitcoin and every investor should be aware of it. However, since we are encouraged to approach bitcoin with discretionary income, it doesn't matter the condition of the market, what should be of more concern is the availability of discretionary income which part of it should be used to maintain consistency in buying and holding bitcoin.

With a long-term holding plan, you don't have to worry about short-term volatility, you should rather focus on arriving at your accumulation target within your holding period.

You shouldn't put every discretionary income into purchasing bitcoin, especially if you don't have emergency fund, in good cashflow management practice, you should  split your discretionary income into investment fund, savings(backup funds) and discretionary consumption. This helps you maintain a good backup plan to attend to unforeseen circumstances or financial shortcomings without putting your portfolio at risk

[ASloveapg]

Before I joined the bitcoin forum I won’t lie, I never believed in bitcoin but the forum has opened my eyes to see bitcoin in another dimension and also with addition of researches from other sources I did. At first I actually thought it was scheme to get quick money because the way most people talk about it before now to me, that when you invest in bitcoin with small money, after some time you make lot of profit. So, they’ve literally been a lot of wrong narrative by so many people that made some persons see bitcoin the wrong way and can only be convinced when they do their own research.

That is why it is very important we make our own research and don't only rely on what someone said or what we saw somewhere because there is always something to find out when we research but while researching make sure to go the direction of what you are looking for so you don't contradict things yourself and get yourself confused while searching. Bitcoin can be seen as a get Rich quick scheme for traders but that is not true for an investor because they have their own perspective.

It is most important to do your own research. So that you can handle yourself properly when the situation changes. For example, if we talk about Bitcoin investment, some people may think that investing in Bitcoin is sure to be successful after seeing the success stories of others, and then if they invest only by seeing the success of others and do not do any research about Bitcoin themselves, then that investment can only cause losses for them. You have to consider the risks of investment, understand how to manage the investment, and then invest properly in the long term. That is why your own research is very necessary, because nothing is risk-free, so you have to consider the risks in everything and move forward according to your ability.

[Princess Leah]

Although everyone is available to learn the technical knowledge of Bitcoin, most people are limited to investing in Bitcoin. You have to acquire technical knowledge of Bitcoin by obtaining higher education. If you want to learn basic knowledge and investment related topics to learn Bitcoin, it is not difficult. Investors have to keep on discipline in market volatility and to be bound by this discipline and accumulation Bitcoin through discretionary income.

With market volatility your capital will be at risk due to personal instability. If the risk of investment exists for a long time, it will not be easy for you to reach the set goal in accumulation Bitcoin. The easy way is to not use discretionary funds completely and make decisions about Bitcoin investment after practicing.

All those things can be learnt on the long run, what anyone needs to invest in Bitcoin is their discreationary funds, without it the investment is at risk of complications if the investor use another fund for investment. It's bettter to invest and learn in the process than learning everything before investing.

 Volatility is part of Bitcoin and doesn’t affect people who hold longer, so holders or someone who intend holding shouldn't be scared of it. However i don't understand what you mean by "to not use discretionary funds completely" I'll need more explanations please.

[ZeroVinsonN]

Although everyone is available to learn the technical knowledge of Bitcoin, most people are limited to investing in Bitcoin. You have to acquire technical knowledge of Bitcoin by obtaining higher education. If you want to learn basic knowledge and investment related topics to learn Bitcoin, it is not difficult. Investors have to keep on discipline in market volatility and to be bound by this discipline and accumulation Bitcoin through discretionary income.

With market volatility your capital will be at risk due to personal instability. If the risk of investment exists for a long time, it will not be easy for you to reach the set goal in accumulation Bitcoin. The easy way is to not use discretionary funds completely and make decisions about Bitcoin investment after practicing.

All those things can be learnt on the long run, what anyone needs to invest in Bitcoin is their discreationary funds, without it the investment is at risk of complications if the investor use another fund for investment. It's bettter to invest and learn in the process than learning everything before investing.

 Volatility is part of Bitcoin and doesn’t affect people who hold longer, so holders or someone who intend holding shouldn't be scared of it. However i don't understand what you mean by "to not use discretionary funds completely" I'll need more explanations please.

Don't be overaggressive, that what it means to not use your discretionary income completely, we need to understand that aside from investing in bitcoin we also use our discretionary income to set up our backup funds, emergency fund included and then there is also our discretionary spendings, if you invest in bitcoin with all of your discretionary income you end up ignoring these other things.
It's very important to know that while we invest in bitcoin with our discretionary income we should also make sure to invest with what we can tolerate from it, which is  a part of our discretionary income that we can afford to lose.

[Cyber_warrior]

Although everyone is available to learn the technical knowledge of Bitcoin, most people are limited to investing in Bitcoin. You have to acquire technical knowledge of Bitcoin by obtaining higher education. If you want to learn basic knowledge and investment related topics to learn Bitcoin, it is not difficult. Investors have to keep on discipline in market volatility and to be bound by this discipline and accumulation Bitcoin through discretionary income.

With market volatility your capital will be at risk due to personal instability. If the risk of investment exists for a long time, it will not be easy for you to reach the set goal in accumulation Bitcoin. The easy way is to not use discretionary funds completely and make decisions about Bitcoin investment after practicing.

All those things can be learnt on the long run, what anyone needs to invest in Bitcoin is their discreationary funds, without it the investment is at risk of complications if the investor use another fund for investment. It's bettter to invest and learn in the process than learning everything before investing.

 Volatility is part of Bitcoin and doesn’t affect people who hold longer, so holders or someone who intend holding shouldn't be scared of it. However i don't understand what you mean by "to not use discretionary funds completely" I'll need more explanations please.

You can’t learn everything about bitcoin, because it like a continuous process, new ideas come up every day so why wait for something that has no end, instead get into investing and also learning at the same time. The volatility of Bitcoin have made it so unpredictable, if you are this type that have it in mind to learn everything before investing then you might be waiting forever to invest.

DCA is mostly best for new users, and even everyone. So with DCA you don’t even need to know much, all you need to know is getting your discretionary income and start investing. As you are also building your portfolio, you can also be protecting your investment by building your emergency and backup funds too.

[Charcol]

Before I joined the bitcoin forum I won’t lie, I never believed in bitcoin but the forum has opened my eyes to see bitcoin in another dimension and also with addition of researches from other sources I did. At first I actually thought it was scheme to get quick money because the way most people talk about it before now to me, that when you invest in bitcoin with small money, after some time you make lot of profit. So, they’ve literally been a lot of wrong narrative by so many people that made some persons see bitcoin the wrong way and can only be convinced when they do their own research.

That is why it is very important we make our own research and don't only rely on what someone said or what we saw somewhere because there is always something to find out when we research but while researching make sure to go the direction of what you are looking for so you don't contradict things yourself and get yourself confused while searching. Bitcoin can be seen as a get Rich quick scheme for traders but that is not true for an investor because they have their own perspective.

It is most important to do your own research. So that you can handle yourself properly when the situation changes. For example, if we talk about Bitcoin investment, some people may think that investing in Bitcoin is sure to be successful after seeing the success stories of others, and then if they invest only by seeing the success of others and do not do any research about Bitcoin themselves, then that investment can only cause losses for them. You have to consider the risks of investment, understand how to manage the investment, and then invest properly in the long term. That is why your own research is very necessary, because nothing is risk-free, so you have to consider the risks in everything and move forward according to your ability.

You might think that research reduces risk, but it doesn't. Let's say you've been studying Bitcoin for the past six months, reading white papers, memorizing the history of the cycle. Then the price drops 70 percent. Will your knowledge be able to bring back that lost money? The risk will remain the same. You just know more about the risk, the risk has not decreased. Rather, additional research is often an excuse. You don't need to know everything at the beginning. If you have discretionary income, you can start without hesitation, later you can make your own decisions and learn from real-world experience.

If you want to reduce risk, you need to invest in an amount that you won't need for many years.

[Chilwell]

You can’t learn everything about bitcoin, because it like a continuous process, new ideas come up every day so why wait for something that has no end, instead get into investing and also learning at the same time. The volatility of Bitcoin have made it so unpredictable, if you are this type that have it in mind to learn everything before investing then you might be waiting forever to invest.

DCA is mostly best for new users, and even everyone. So with DCA you don’t even need to know much, all you need to know is getting your discretionary income and start investing. As you are also building your portfolio, you can also be protecting your investment by building your emergency and backup funds too.

The introduction of DCA strategy have make crypto investment so friendly, it have reduce a lot of fear in the heart of newbies, who always think that investing in Bitcoin is something dangerous. It has help in reducing tension whenever it comes to Bitcoin investment, and I am very happy to see a lot of investment coming up to establish their investment in cryptocurrency at large.

Many people that fear of volatile in Bitcoin have quickly adopted this method, because it gives calmness whenever you are building your bitcoin polifolio, the only thing that is required for you is to have your discretionary funds and after that you start your investment immediately without delaying it. Honestly DCA method have make people to look at bitcoin investment positively because it has make things easier for new investors.

[Princess Leah]

~~

Don't be overaggressive, that what it means to not use your discretionary income completely, we need to understand that aside from investing in bitcoin we also use our discretionary income to set up our backup funds, emergency fund included and then there is also our discretionary spendings, if you invest in bitcoin with all of your discretionary income you end up ignoring these other things.
It's very important to know that while we invest in bitcoin with our discretionary income we should also make sure to invest with what we can tolerate from it, which is  a part of our discretionary income that we can afford to lose.

Okay, now i understand better if so then you're right, investors can be aggressive at some point but not overly aggressive so they don't lack what to use in generating a backup and emergency fund, those are very important part of Bitcoin investment that people shouldn't joke with cause they'll be helpful at certain point especially during emergency situations.

 Well it all falls back to management of cashflow, when an investor knows how to manage that then everything would fall in place including the emergency and backup funds intact for their own purposes when need be.

[Decimetre]

Although everyone is available to learn the technical knowledge of Bitcoin, most people are limited to investing in Bitcoin. You have to acquire technical knowledge of Bitcoin by obtaining higher education. If you want to learn basic knowledge and investment related topics to learn Bitcoin, it is not difficult. Investors have to keep on discipline in market volatility and to be bound by this discipline and accumulation Bitcoin through discretionary income.

With market volatility your capital will be at risk due to personal instability. If the risk of investment exists for a long time, it will not be easy for you to reach the set goal in accumulation Bitcoin. The easy way is to not use discretionary funds completely and make decisions about Bitcoin investment after practicing.

All those things can be learnt on the long run, what anyone needs to invest in Bitcoin is their discreationary funds, without it the investment is at risk of complications if the investor use another fund for investment. It's bettter to invest and learn in the process than learning everything before investing.

 Volatility is part of Bitcoin and doesn’t affect people who hold longer, so holders or someone who intend holding shouldn't be scared of it. However i don't understand what you mean by "to not use discretionary funds completely" I'll need more explanations please.

You can’t learn everything about bitcoin, because it like a continuous process, new ideas come up every day so why wait for something that has no end, instead get into investing and also learning at the same time. The volatility of Bitcoin have made it so unpredictable, if you are this type that have it in mind to learn everything before investing then you might be waiting forever to invest.

DCA is mostly best for new users, and even everyone. So with DCA you don’t even need to know much, all you need to know is getting your discretionary income and start investing. As you are also building your portfolio, you can also be protecting your investment by building your emergency and backup funds too.

You sound like building your discretionary income is an optional act that any one can choose not to build up simultaneously. For anyone who wishes to be successful in his bitcoin investment, he must streamline his investment and provide for his emergency funds because it's not all about investing in bitcoin, it's about ensuring that your bitcoin is safe and withstands any unforeseen occurrence. So we should know that building up our emergency funds is as important as building your bitcoin investment.

DCA strategy is a very investor easy strategy that allows you to make your investments within your financial ability and makes easy to also accumulate your emergency funds that will give your bitcoin safety from emergency situations. Mistakes like thinking that emergency funds is optional can make you become a gambler unintentionally when situations get tough.

[Joeboy]

It is most important to do your own research. So that you can handle yourself properly when the situation changes. For example, if we talk about Bitcoin investment, some people may think that investing in Bitcoin is sure to be successful after seeing the success stories of others, and then if they invest only by seeing the success of others and do not do any research about Bitcoin themselves, then that investment can only cause losses for them. You have to consider the risks of investment, understand how to manage the investment, and then invest properly in the long term. That is why your own research is very necessary, because nothing is risk-free, so you have to consider the risks in everything and move forward according to your ability.

So how many years do you want folks to spend while they doing their research, coz it would indeed take quite a bit of time for folks to carry out that research you advise them to do....Obviously each and every one of us are very well entitled to go about their investments in so whatever way they please, but please be mindful of the fact that research prior to kickstarting your accumulation journey may not give you that knowledge that is required for a smooth accumulation journey... They is by far a lot of things you could learn when you start and then learn as you go..Learning while in the process of your investment give you actual knowledge of what it feels to hold through price fluctuations as well as how to apply patience for long term holdings as you go...

[samadam007]

You can’t learn everything about bitcoin, because it like a continuous process, new ideas come up every day so why wait for something that has no end, instead get into investing and also learning at the same time. The volatility of Bitcoin have made it so unpredictable, if you are this type that have it in mind to learn everything before investing then you might be waiting forever to invest.

DCA is mostly best for new users, and even everyone. So with DCA you don’t even need to know much, all you need to know is getting your discretionary income and start investing. As you are also building your portfolio, you can also be protecting your investment by building your emergency and backup funds too.

You sound like building your discretionary income is an optional act that any one can choose not to build up simultaneously. For anyone who wishes to be successful in his bitcoin investment, he must streamline his investment and provide for his emergency funds because it's not all about investing in bitcoin, it's about ensuring that your bitcoin is safe and withstands any unforeseen occurrence. So we should know that building up our emergency funds is as important as building your bitcoin investment.

DCA strategy is a very investor easy strategy that allows you to make your investments within your financial ability and makes easy to also accumulate your emergency funds that will give your bitcoin safety from emergency situations. Mistakes like thinking that emergency funds is optional can make you become a gambler unintentionally when situations get tough.

You’re the one that misunderstood his point. I don’t see where @cyber_warrior mentioned that emergency fund is optional. His point is that a person can start investing after figuring discretionary income and also building emergency and backup funds at the same time.

DCA makes it easy because you can choose amount that fits your income instead of trying to put as much money as possible into Bitcoin. If you have money left after your basic needs, you can divide it between your Bitcoin DCA, emergency savings and your “wants”.

[Gost ms]

It is most important to do your own research. So that you can handle yourself properly when the situation changes. For example, if we talk about Bitcoin investment, some people may think that investing in Bitcoin is sure to be successful after seeing the success stories of others, and then if they invest only by seeing the success of others and do not do any research about Bitcoin themselves, then that investment can only cause losses for them. You have to consider the risks of investment, understand how to manage the investment, and then invest properly in the long term. That is why your own research is very necessary, because nothing is risk-free, so you have to consider the risks in everything and move forward according to your ability.

There is no need to do research to start investing, if you have general knowledge about Bitcoin then you can invest and common sense may not say that a person should have an idea about many things to start investing except that they have a source of discretionary income or not and whether it is calculated correctly or not. If they have a source of discretionary income then they can start investing.

Starting investing is the most important thing for a person and after starting investing he can continuously gain knowledge and do research. In the beginning he can start investing with a small amount and when he believes and understands through research then he can increase his investment amount, the most important step is to start investing

[Princess Leah]

There is no need to do research to start investing, if you have general knowledge about Bitcoin then you can invest and common sense may not say that a person should have an idea about many things to start investing except that they have a source of discretionary income or not and whether it is calculated correctly or not. If they have a source of discretionary income then they can start investing.

Starting investing is the most important thing for a person and after starting investing he can continuously gain knowledge and do research. In the beginning he can start investing with a small amount and when he believes and understands through research then he can increase his investment amount, the most important step is to start investing

What anyone need to start investing is their discretionary funds if an investor haven't figured that out or lack a means of generating one then that what the person should focus on putting in place instead of doing research cause the research won't be valid if it's not put to practice and there's no other better way of putting it to practice than investing with the discretionary funds.

But if the discretionary funds is figured out then the investor can start buying and catch up with other things as time goes, the knowledge of Bitcoin is too broad to learn everything at ones before investing so gradually learning while investing is the best option.

[Cyber_warrior]

There is no need to do research to start investing, if you have general knowledge about Bitcoin then you can invest and common sense may not say that a person should have an idea about many things to start investing except that they have a source of discretionary income or not and whether it is calculated correctly or not. If they have a source of discretionary income then they can start investing.

Starting investing is the most important thing for a person and after starting investing he can continuously gain knowledge and do research. In the beginning he can start investing with a small amount and when he believes and understands through research then he can increase his investment amount, the most important step is to start investing

What anyone need to start investing is their discretionary funds if an investor haven't figured that out or lack a means of generating one then that what the person should focus on putting in place instead of doing research cause the research won't be valid if it's not put to practice and there's no other better way of putting it to practice than investing with the discretionary funds.

But if the discretionary funds is figured out then the investor can start buying and catch up with other things as time goes, the knowledge of Bitcoin is too broad to learn everything at ones before investing so gradually learning while investing is the best option.

For sure no good investor would want to go into any investment without having a knowledge about where he wants to put in his money. When it comes to bitcoin, it no different, but don’t think you will need to know everything before investing in it, all you need is the basic knowledge, which are Buy or invest with your discretionary income and also buy with DCA as a newbie.

Using DCA as a newbie is best because you are putting in a quantity of the money you can afford to lose, so with that your emotions are not really attached to your holdings even when the market is dropping. And also since investing is not meant to be delay, you can’t be waiting for the Dip, so it best to use the DCA.

[JoyceBTC]

You might think that research reduces risk, but it doesn't. Let's say you've been studying Bitcoin for the past six months, reading white papers, memorizing the history of the cycle. Then the price drops 70 percent. Will your knowledge be able to bring back that lost money? The risk will remain the same. You just know more about the risk, the risk has not decreased. Rather, additional research is often an excuse. You don't need to know everything at the beginning. If you have discretionary income, you can start without hesitation, later you can make your own decisions and learn from real-world experience.

If you want to reduce risk, you need to invest in an amount that you won't need for many years.

Research no Dey reduce risk at all but when you don do that research and know things about bitcoin investment e go help you know how to manage the risk.
And as for the money part wey u say price drop by 70 percent wey go come make person Dey on the loosing side, that knowledge wey u don get no go help you bring back or recover that money but e go help you know say volatility na normal thing wey Dey happen for bitcoin, e make you see more reasons why you no need panic sell at that moment but to continue being patient and hold.

[Promocodeudo]

There is no need to do research to start investing, if you have general knowledge about Bitcoin then you can invest and common sense may not say that a person should have an idea about many things to start investing except that they have a source of discretionary income or not and whether it is calculated correctly or not. If they have a source of discretionary income then they can start investing.

Starting investing is the most important thing for a person and after starting investing he can continuously gain knowledge and do research. In the beginning he can start investing with a small amount and when he believes and understands through research then he can increase his investment amount, the most important step is to start investing

That's right, what every intending investor need to invest in Bitcoin is basic knowledge and their discreationary income, whats basic know, that know that what you're investing in, is Bitcoin, that's what I see as basic knowledge, every other thing can come later, people go about stressing themselves doing more research when they don't have zero fraction of Bitcoin, does research stop, people should understand that they'll learn so quick if they are investing in what they are researching, and what if after research they still didn't invest, I don't believe in one delaying himself and making it seem like they are doing themselves favor, the best is to commence investment and learning as you at a go.

[Yeesha]

There is no need to do research to start investing, if you have general knowledge about Bitcoin then you can invest and common sense may not say that a person should have an idea about many things to start investing except that they have a source of discretionary income or not and whether it is calculated correctly or not. If they have a source of discretionary income then they can start investing.

Starting investing is the most important thing for a person and after starting investing he can continuously gain knowledge and do research. In the beginning he can start investing with a small amount and when he believes and understands through research then he can increase his investment amount, the most important step is to start investing

That's right, what every intending investor need to invest in Bitcoin is basic knowledge and their discreationary income, whats basic know, that know that what you're investing in, is Bitcoin, that's what I see as basic knowledge, every other thing can come later, people go about stressing themselves doing more research when they don't have zero fraction of Bitcoin, does research stop, people should understand that they'll learn so quick if they are investing in what they are researching, and what if after research they still didn't invest, I don't believe in one delaying himself and making it seem like they are doing themselves favor, the best is to commence investment and learning as you at a go.

If there is no need to do research before starting an investment, then how will you gain the benefial knowledge? Is not necessary that you must know everything before starting an investment but at least acquiring the basic knowledge is important by doing appropriate research, and take an investment step. Then you will continuing learning with everyday experience in other to gain more knowledge and also develop valuable skills and the appropriate ways to handle your investment.

[Sobz]

That's right, what every intending investor need to invest in Bitcoin is basic knowledge and their discreationary income, whats basic know, that know that what you're investing in, is Bitcoin, that's what I see as basic knowledge, every other thing can come later, people go about stressing themselves doing more research when they don't have zero fraction of Bitcoin, does research stop, people should understand that they'll learn so quick if they are investing in what they are researching, and what if after research they still didn't invest, I don't believe in one delaying himself and making it seem like they are doing themselves favor, the best is to commence investment and learning as you at a go.

Because if the eagerness of making profit in Bitcoin quick some people wont even have that opportunity to do research to get knowledge.  But they would have to learn by theur own desperation before they can reaslise the importance of making research for investment. For some people it seems they deserve to learn from their mistakes of investing with no knowledge but the outcome of this will teach them more to know investing is not just about money but by knowledge and without it, it makes investment goes wrong.

[Rhow]

There is no need to do research to start investing, if you have general knowledge about Bitcoin then you can invest and common sense may not say that a person should have an idea about many things to start investing except that they have a source of discretionary income or not and whether it is calculated correctly or not. If they have a source of discretionary income then they can start investing.

Starting investing is the most important thing for a person and after starting investing he can continuously gain knowledge and do research. In the beginning he can start investing with a small amount and when he believes and understands through research then he can increase his investment amount, the most important step is to start investing

That's right, what every intending investor need to invest in Bitcoin is basic knowledge and their discreationary income, whats basic know, that know that what you're investing in, is Bitcoin, that's what I see as basic knowledge, every other thing can come later, people go about stressing themselves doing more research when they don't have zero fraction of Bitcoin, does research stop, people should understand that they'll learn so quick if they are investing in what they are researching, and what if after research they still didn't invest, I don't believe in one delaying himself and making it seem like they are doing themselves favor, the best is to commence investment and learning as you at a go.

If there is no need to do research before starting an investment, then how will you gain the benefial knowledge? Is not necessary that you must know everything before starting an investment but at least acquiring the basic knowledge is important by doing appropriate research, and take an investment step. Then you will continuing learning with everyday experience in other to gain more knowledge and also develop valuable skills and the appropriate ways to handle your investment.

To be honest, people often confuse the two, the importance of research and making research a prerequisite for starting an investment. Of course, a person has the freedom to read a lot about Bitcoin first, there is no harm in it. But the problem is when we make it mandatory to acquire basic knowledge first. But in reality, no one says where or how much the basic knowledge is. For some, knowing about wallets is basic, for others, volatility, market cycle, UTXO or self-custody can be basic. If this continues, when will a new person realize that he has learned enough to start?

That is why I always advise that in the beginning, instead of making acquiring basic knowledge mandatory, one can start with a small part of one's discretionary income. It is advisable to start with a part that will not affect daily needs, and then learning and accumulation can be run side by side. Gradually, the person will become experienced enough to make decisions on his own and even by that time his savings have started.

[Princess Leah]

~~

For sure no good investor would want to go into any investment without having a knowledge about where he wants to put in his money. When it comes to bitcoin, it no different, but don’t think you will need to know everything before investing in it, all you need is the basic knowledge, which are Buy or invest with your discretionary income and also buy with DCA as a newbie.

Using DCA as a newbie is best because you are putting in a quantity of the money you can afford to lose, so with that your emotions are not really attached to your holdings even when the market is dropping. And also since investing is not meant to be delay, you can’t be waiting for the Dip, so it best to use the DCA.

You're right to an extent except that the DCA is different from the discretionary fund, the DCA is a good strategy that help investors be consistent and consistency is the best way to overcome volatility or things like emotions that could make investors sell too early, whereas the discretionary funds is the money used for investment.

 Why people are encouraged to use the discretionary funds for investment is because it's a left over fund are after settling important needs so since Bitcoin is a futuristic asset and there's no guarantee cause the future is unknown, if anything goes wrong the investor won't be very emotional cause the important needs are already met.