Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Investing in Bitcoin in Student Life
by
Hamza2424
on 19/05/2023, 12:39:47 UTC
⭐ Merited by JayJuanGee (1)

Also, I have no problem to NOT diversify and ONLY focus on one (Bitcoin in this case) (or perhaps more than one) investment asset during the period in which a person is first building his/her investment portfolio, and really I cannot be sure about how much income OP might be expecting to get, but for me, it can be difficult to imagine how to measure exactly would be a meaningful size for an investment portfolio without having some kind of an idea regarding the size of OP's expected post graduation income, and I doubt that any of us need to know the size of the income, but frequently we still might well be able to measure if the size of our investment portfolio might start to be getting large if we can measure it in terms of how much we believe that it will cost us to live each year (which sometimes can be partially reflected in the size of an expected annual income).  So in that regard, if any of us is starting to get our investment portfolio up to the size of one year's income, then we are likely starting to get to meaningful amounts, and if we start to get to the size of 20x to 30x the size of our expected annual income (or how much we believe that we need to live comfortably), then we are starting to get to entry-level fuck you status...


Hmm, Diversification is not a big problem if the investors know what he is really doing, even sometimes diversification of the investment portfolio helps to control the TVL in Invetsemnt +Bonus it controls your stress level (How? it think most of us know about it). My graduation is almost going to be completed in the coming years same days. I am trying to stabilize my own expenses somehow and after a few months I've started building my investment portfolio my aim is clear in my eyes. My belief is the First breakthrough in the trapped financial cycle is hard next to it we can go easy.

One year of total income investment seems very tough but I think Rather than investing 1 year of total income to build an investment portfolio we can start making investments with smaller amounts it will take around 3 to 4 years to build the same investment portfolio, during this timeline, you can prepare yourself for the next cycle by learning and improving skills in the market.

As JJG you said before my retirement I want a satisfying lifestyle for me and my family which needs some important financial decisions, Because I don't believe in savings I think Investment amounts are actually real savings for the future. Whatever we'll store now is not gonna worth anything in the future.