Quote from: Z-tight on March 07, 2023, 02:54:45 PM

Quote from: KiaKia on March 07, 2023, 10:10:30 AM

Bitcoin investment is not easy for those that have no good source of income.

This is correct, it is impossible to be a long term BTC investor if you do not have a job or a source of income, because even if you plan to hold your BTC for years, you will always have to spend from it for emergencies and to settle basic needs. I have heard there are traders who only trade as their job, i really don't know how they manage to do it, but i feel one should not trade or invest in BTC as their only job, even if you think you are an expert, there would be days profit would not come, and you may have to go borrowing to survive.

Do not feel that selling your BTC is the worst thing you could have done if you sold for an emergency situation, probably you can regret it if you sold because of panic or fud, or to lavish the money on things unimportant.

I agree with you, we living creatures have the necessities of life, so if we sell the btc that we have it is definitely urgent, not for wasted, because everyone who invests in Bitcoin must make it a long-term asset and can be cashed out at any time, even though incur a loss as part of the risk
sometimes I also regret selling my btc at a lower price than before, but instead of owing money to people, I better sell what I have to make ends meet